Methodology Change | Solactive Equal Weight Canada Indices | Effective Date 11/09/2025

Today, on the 29/08/2025, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):

Rationale for Methodology Change

The Methodology Change proposes an improvement in ADV calculation by combining the Canada Composite Turnover of both CAD and USD listings trading in Canadian exchanges for securities that have dual currency listings in Canada. The proposed improvement would reflect a better estimate of liquidity of the potential  constituent companies in the index selection process.

Our analysis of the proposed change revealed there would have been no impact in the composition as on the last selection day if we used a combined CAD and USD turnover value in ADV calculation instead of the CAD ADV only. However, in future the proposed change would allow us to include companies that would be ineligible based on CAD ADV only but eligible based on combined CAD and USD ADV.

Changes to the Index Guideline

The following Methodology changes will be implemented in the following points of the Index Guideline (ordered in accordance with the numbering of the affected sections):

Section 2.1 Index Universe Requirements

The Index Universe is comprised of all financial instruments which fulfill the below requirements (the “Index Universe Requirements“):

From:

The ADV is calculated using Canada composite trading data for securities trading in CAD

To:

The ADV is calculated using combined Canada composite trading data for securities trading in CAD and USD in Canadian exchanges, but only the CAD listing would be eligible for inclusion

Defined terms used in this announcement, but not defined herein, have the meaning assigned to them in the respective index guideline of the Affected Indices. The amended version of the index guideline will be available on the effective date.