Methodology Change | Solactive ISS ESG Filtered Indices | Effective Date 06/01/2026

Today, on the 23/12/2025, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):

Rationale for Methodology Change

Solactive has determined that:

Solactive proposes methodology enhancements for the indices, which aim to track the Swedish and Developed equity markets while maintaining alignment with the Paris Climate Agreement’s long-term global warming targets. The indices apply ESG exclusion criteria and use an optimization-based approach to achieve their decarbonization objectives.

Solactive proposes these adjustments to address current market conditions, improve replicability for index-linked products, and strengthen the methodology’s robustness, without altering the indices’ core climate objectives.

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):

For the Solactive ISS ESG Filtered Developed Markets PAB SEK Index and the Solactive ISS ESG Filtered Sweden PAB SEK Index:

2.2. SELECTION OF THE INDEX COMPONENTS

Old:

New:

For the Solactive ISS ESG Filtered Sweden PAB SEK Index PR:

2.3. WEIGHTING OF THE INDEX COMPONENTS

Old:

2. Each INDEX COMPONENT is assigned a weight in line with the requirements for EU Paris-aligned

Benchmarks. I.e., an optimization is applied that minimizes the cumulative squared weight

deviation from the PARENT INDEX,

subject to the following constraints:

1. The decarbonization trajectory is defined by an annual minimum Carbon Intensity reduction of 7% compared to the CARBON INTENSITY of the INDEX on the BASE DAY in a geometric progression. The CARBON INTENSITY of the INDEX is capped at the minimum of the CARBON INTENSITY of the decarbonization trajectory on the SELECTION DAY and 50% of PARENT INDEX CARBON INTENSITY on the SELECTION DAY.
2. Maximum absolute weight deviation from the weight in the PARENT INDEX of 3%. Individual and issuer Weights are capped at a maximum of 9%and floored at 0.001%. In addition, INDEX COMPONENTS are capped based on the minimum AVERAGE DAILY VALUE TRADED (ADVT) in USD over the past 1 month and 6 months before, and including, the SELECTION DAY. In detail, weights in the INDEX are capped according to the formula below:

3. If no solution can be found, the constraints are relaxed in the following order:
4. Single weight constraint: 𝑥 is lowered to 50mn.
5. Single weight constraint: Maximum absolute deviation from the weight in the PARENT INDEX is iteratively increased by 0.25% until a solution is found.

New:

1. Each Index Component is assigned a weight in line with the requirements for EU Paris-aligned Benchmarks. I.e., an optimization is applied with a combined objective to minimize turnover and to minimize the cumulative squared weight deviation from the Parent Index,

subject to the below constraints. The optimization is run in two steps. The first iteration is run without applying the weight floor in constraint b. For the second iteration, all securities with an optimized weight below 0.001% are excluded from the optimization. The second optimization is run with all constraints listed below.

1. The decarbonization trajectory is defined by an annual minimum Carbon Intensity reduction of 7% compared to the Carbon Intensity of the Index on the Base Day in a geometric progression. The Carbon Intensity of the Index is capped at the minimum of the Carbon Intensity of the decarbonization trajectory on the Selection Day and 50% of Parent Index Carbon Intensity on the Selection Day.
2. Maximum absolute weight deviation from the weight in the Parent Index of 3%. The maximum absolute weight deviation of securities contributing more than 20% to the maximum Carbon Intensity of the Index as defined in constraint a., is increased so that the minimum allowed weight implies a 20% contribution to that target. Individual and issuer weights are capped at a maximum of 9% and floored at 0.001%. In addition, Index Components are capped based on the minimum Average Daily Value Traded (ADVT) in USD over the past 1 month and 6 months before, and including, the Selection Day. In detail, weights in the Index are capped according to the formula below:
3. Single security turnover is capped based on the minimum Average Daily Value Traded in USD over the past 1 month and 6 months before, and including the Selection Day, according to below formula:

Where:

x: 100mn

Share: 50%

Newly excluded securities are exempted from this constraint.

3. If no solution can be found, the constraints are relaxed in the following order:
   1. Single weight constraint: Maximum absolute deviation from the weight in the Parent Index is iteratively increased by 0.25% until a solution is found.

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.