Methodology Change | Solactive Wedbush Artificial Intelligence Index | Effective Date 20/10/2025

Today, on the 06/10/2025, Solactive announces the following changes to the methodology of the following index (the ‘Affected Index):

Rationale for Methodology Change

Solactive AG has determined that the introduction of extraordinary rebalances, triggered by the publication of the Dan Ives AI 30 report, will enhance the timeliness and consistency of the index composition. Under the revised approach, ordinary quarterly rebalances will be limited to reweighting existing constituents that continue to meet eligibility requirements, while any reconstitution will occur only following the release of a new Dan Ives AI 30 report. This change addresses concerns regarding the timing gap between the public release of the report and the scheduled rebalance, ensuring that the index reflects the most up-to-date composition of the Dan Ives AI 30 universe. Additionally, the continued removal of ineligible or illiquid constituents during quarterly reweightings will help maintain index tradability and alignment with the index’s objective.

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 3.1 Ordinary Rebalance

From (old version):

In order to reflect the new selection of the Index Components determined on the Selection Day (in accordance with Section 2.1 and 2.2) the Index is adjusted on the Rebalance Day after Close Of Business. This is carried out by implementing the shares as determined on the Fixing Day based on the weights calculated on the Selection Day.

To (new version):

In order to reflect the new weights of the Index Components determined on the Review Day the Index is adjusted on the Reweighting Day after Close Of Business.

This is carried out by implementing the shares as determined on the Weight Fixing Day based on the weights calculated on the Review Day.

On each Review Day, each Index Component is reviewed to ensure they meet the minimum Average Daily Value Traded requirement as set out in Section 2.1. Any Index Component which no longer meets the minimum requirement will be removed from the Index without replacement.

Section 3.2 Extraordinary Rebalance

From (old version):

The Index is not rebalanced extraordinarily.

To (new version):

In addition to the ordinary rebalance, the Index is also rebalanced extraordinarily. These adjustments take place outside the rebalancing schedule and follow different rules than the ordinary rebalances. The extraordinary rebalance is triggered by the mechanism described below:

When the Data Provider publishes a new Dan Ives AI 30 report, an extraordinary rebalance will be triggered. The publication date of the report will serve as the Selection Day. If the publication date is not a Trading Day or a Calculation Day, the Selection Day will be the immediately following Trading Day and Calculation Day. In the event that an extraordinary rebalance is triggered within 5 Calculation Days before a Review Day OR in the period between a Review Day and a Rebalance Day, the Selection Day will be 1 Calculation Day after the effective open date of the ordinary rebalance day.

In order to reflect the new selection of the Index Components determined on the Selection Day (in accordance with Section 2.1 and 2.2) the Index is adjusted on the Extraordinary Rebalance Day after Close Of Business.

This is carried out by implementing the shares as determined on the Fixing Day based on the weights calculated on the Selection Day.

Section 6 Definitions

From (old version):

“Selection Day” is 15 Calculation Days before the scheduled Rebalance Day, disregarding any potential change of the Rebalance Day.

To (new version):

“Extraordinary Rebalance Day” is 5 Calculation Days after Selection Day. If that day is not a Trading Day OR Calculation Day, the Extraordinary Rebalance Day will be the immediately following Trading Day and Calculation Day.

“Selection Day” is the publication date of the Dan Ives AI 30 report as provided by the Data Provider. If the publication date of the Dan Ives AI 30 report is not a Trading Day or Calculation Day , the Selection Day will be the immediately following Trading Day or Calculation Day.

Addition of the following:

“Review Day” is 5 Calculation Days before the scheduled Reweighting Day, disregarding any potential change of the Reweighting Day.

“Reweighting Day” is the third Friday in March, June, September and December. If that day is not a Trading Day or Calculation Day, the Reweighting Day will be the immediately following Trading Day and Calculation Day.

“Weight Fixing Day” is Review 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. The amended version of the index guideline will be available on the effective date.