Methodology Change | Solactive Junior Gold Miners Custom Factors Index / Solactive Gold Miners Custom Factors Index | Effective Date 30/09/2019

Today, on the 16/09/2019, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):

Rationale for methodology change

The current wording of the Index Methodology of Indices suggests that the index Rebalance Day will always fall on a NYSE Trading Day regardless of international nature of portfolio. The rephrasing of the current wording is proposed in order to ensure a smooth trading process going ahead to take into account the fact that listings from multiple countries can be included in the index.

 Changes to the Index Guideline

1. Amendment to the following definitions in Section 4:

• Trading Day

From:

A “Trading Day” is in relation to the Index or an Index Component a Trading Day on the Exchange (or a day that would have been such a day if a market disruption had not occurred), excluding days on which trading may be ceased prior to the normal Exchange closing time. The Index Calculator is ultimately responsible as to whether a certain day is a Trading Day with regard to the Index or an Index Component or in any other connection relating to this document.

To:

Trading Day” is with respect to an Index Component included in the Index at the Rebalancing Day and every Index Component included in the Index at the Calculation Day immediately following the Rebalancing Day (for clarification: this provision is intended to capture the Trading Days for the securities to be included in the Index as new Index Components with close of trading on the relevant exchange on the Rebalancing Day) a day on which the relevant Exchange is open for trading (or a day that would have been such a day if a market disruption had not occurred), excluding days on which trading may be ceased prior to the scheduled Exchange closing time and days on which the Exchange is open for a scheduled shortened period. The Index Calculator is ultimately responsible as to whether a certain day is a Trading Day.

• Business Day

From:

A “Business Day” is any day on which the New York Stock Exchange is open for trading.

To:

A “Business Day” is any day on which the New York Stock Exchange and the Toronto Stock Exchange is open for trading.

• Adjustment Day

From:

The “Adjustment Day” is 5 Business Days after the Selection Day.

To:

The “Rebalance Day” is 5 Business Days after the Selection Day.  If that day is not a Trading Day, the Rebalance Day will be the immediately following Trading Day.

2. The following definition is added in Section 4:

“Calculation Day” is every weekday Monday to Friday. A day on which the New York Stock Exchange is not open for general business is not a calculation day.

 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.