Ordinary Adjustment | Solactive GFS Developed Markets ex United States Value SN Index | Effective Date 6th November 2025
Solactive GFS Developed Markets ex United States Value SN Index:
In the ordinary adjustment, the following composition will be implemented effective open 6th November 2025:
| ABN AMRO BANK NV |
| ACKERMANS & VAN HAAREN NV |
| AGC INC |
| AIB GROUP PLC |
| AIR WATER INC |
| AIRPORT CITY LTD. |
| AISIN CORP |
| ALCON INC |
| ALFRESA HOLDINGS CORP ORD |
| AMADA CO LTD |
| ANA HOLDINGS INC |
| ANHEUSER BUSCH INBEV SA NV |
| AP MOLLER MAERSK AS CLASS B |
| ARCELORMITTAL SA |
| ASAHI GROUP HLDGS (ASAHI BREW) ORD |
| ASAHI KASEI CORP |
| ASSOCIATED BRITISH FOODS PLC |
| ASTELLAS PHARMA INC |
| ATLAS ARTERIA LTD |
| AUCKLAND INTL AIRPORT LTD |
| AZELIS GROUP NV |
| BAKKAFROST P/F |
| BANK OF IRELAND GROUP PLC |
| BARCLAYS PLC |
| BARRATT REDROW PLC |
| BASF SE |
| BAYER AG |
| BAYERISCHE MOTOREN WERKE AG |
| BIG SHOPPING CENTERS LTD. |
| BIONTECH SE |
| BLUESCOPE STEEL LTD |
| BNP PARIBAS SA |
| BOLLORE SE |
| BOUYGUES SA |
| BRITISH AMERICAN TOBACCO PLC |
| BROOKFIELD WEALTH SOLUTIONS |
| BROTHER INDUSTRIES LTD ORD |
| BT GROUP PLC |
| BUDWEISER BREWING CO APAC LTD |
| CANADIAN TIRE CORP-CLASS A |
| CANON INC |
| CAPGEMINI SA |
| CAPITALAND INVESTMENT LTD |
| CASTELLUM AB |
| CATHAY PACIFIC AIRWAYS LTD ORD |
| CELLNEX TELECOM SA |
| CENTRAL JAPAN RAILWAY CO |
| CHIBA BANK LTD ORD |
| CHINA GAS HOLDINGS LTD |
| CHINA MENGNIU DAIRY CO LTD |
| CHOICE PROPERTIES REI |
| CHUBU ELECTRIC POWER CO INC ORD |
| CITY DEVELOPMENTS LTD ORD |
| CK ASSET HOLDINGS LTD |
| CK HUTCHISON HOLDINGS LTD |
| CK INFRASTRUCTURE HOLDINGS LTD |
| COCA-COLA BOTTLERS JAPAN INC |
| COMMERZBANK AG |
| CONCORDIA FINANCIAL GROUP LTD |
| CONTINENTAL AG |
| CREDIT AGRICOLE SA |
| DAI NIPPON PRINTING CO LTD ORD |
| DENSO CORP ORD |
| DENTSU GROUP INC |
| DEUTSCHE BANK AG |
| DEXUS/AU |
| DIE RAIFFEISEN BANK INTERNATIONAL AG |
| DR ING HC F PORSCHE AG |
| DSM FIRMENICH AG |
| EAST JAPAN RAILWAY CO |
| EISAI |
| ELECTRIC POWER DEVELOPMENT LTD ORD |
| EMBRACER GROUP AB |
| EMPIRE CO LTD A |
| ENEOS HOLDINGS INC |
| ENI SPA |
| ETABLISSEMENTEN FRANZ COLRUYT NV |
| EVN AG |
| EXOR NV |
| FASTIGHETS BALDER AB CLASS B |
| FOSUN INTERNATIONAL LTD |
| FRESENIUS MEDICAL CARE AG & CO KGAA |
| FRESENIUS SE & CO KGAA |
| FUJI MEDIA HLDGS (FUJI TELE) ORD |
| FUJIFILM HOLDINGS CORP ORD |
| FUKUOKA FINANCIAL GROUP INC ORD |
| GENTING SINGAPORE PLC |
| GETINGE AB CLASS B |
| GLENCORE PLC |
| GPT GROUP |
| GROUPE BRUXELLES LAMBERT SA |
| HAFNIA LTD |
| HAKUHODO DY HOLDINGS INC ORD |
| HAMAMATSU PHOTONICS KK ORD |
| HANG LUNG PROPERTIES LTD ORD |
| HANKYU HANSHIN HOLDINGS INC |
| HAPAG-LLOYD AG |
| HENDERSON LAND DEVELOPMENT ORD |
| HENKEL AG & CO KGAA PREF |
| HIROSE ELECTRIC CO LTD ORD |
| HITACHI CONSTRUCTION MACHINERY ORD |
| HK ELECTRIC INVESTMENTS LTD |
| HOLMEN AB |
| HONDA MOTOR |
| HONGKONG LAND HOLDINGS LTD ORD |
| ICL GROUP LTD |
| IDEMITSU KOSAN CO LTD ORD |
| IIDA GROUP HOLDINGS CO LTD |
| INDUSTRIVAERDEN AB ORD C |
| INFORMA PLC |
| INPEX CORP |
| ISETAN MITSUKOSHI HOLDINGS LTD ORD |
| ISRAEL CORP LTD |
| J FRONT RETAILING CO LTD ORD |
| J SAINSBURY PLC |
| JAPAN AIRLINES CO LTD |
| JAPAN POST BANK CO LTD |
| JAPAN POST HOLDINGS CO LTD |
| JAPAN POST INSURANCE CO LTD |
| JARDINE MATHESON HOLDINGS LIMITED |
| JFE HOLDINGS INC |
| KANSAI ELECTRIC POWER CO ORD |
| KAWASAKI KISEN KAISHA LTD |
| KDDI CORP (DDI) ORD |
| KEIO (KEIO ELECTRIC RAIL) CORP ORD |
| KEWPIE (QP) CORP ORD |
| KGHM POLSKA MIEDZ SA |
| KINGFISHER PLC |
| KINTETSU GROUP HOLDINGS CO LTD |
| KOITO MANUFACTURING CO LTD ORD |
| KONINKLIJKE PHILIPS NV |
| KUBOTA CORP |
| KURARAY CO LTD |
| KYOCERA CORP ORD |
| KYOTO FINANCIAL GROUP INC |
| KYOWA KIRIN CO LTD |
| KYUSHU ELECTRIC POWER CO INC ORD |
| L E LUNDBERGFORETAGEN AB CLASS B |
| LAND SECURITIES GROUP PLC |
| LEROY SEAFOOD GROUP ASA |
| LINK REIT |
| LIXIL GROUP CORP |
| LONDON STOCK EXCHANGE GROUP ORD |
| LY CORP |
| MAGNA INTERNATIONAL INC |
| MAPLETREE LOGISTICS TRUST |
| MAPLETREE PAN ASIA COMMERCIAL TRUST |
| MAZDA MOTOR CORP ORD |
| MEBUKI FINANCIAL GROUP INC |
| MEDIPAL HLDGS (MEDICEO PALTAC) ORD |
| MEIJI HOLDINGS CO LTD |
| MERCEDES-BENZ GROUP AG |
| MERCK KGAA |
| MIRVAC GROUP |
| MITSUBISHI CHEMICAL GROUP |
| MITSUBISHI CORP |
| MITSUBISHI GAS CHEMICAL CO |
| MITSUBISHI HC CAPITAL INC |
| MITSUBISHI MOTORS CORP ORD |
| MITSUI & CO LTD |
| MITSUI CHEMICALS INC |
| MITSUI O.S.K. LINES LTD |
| MIVNE REAL ESTATE KD LTD |
| MIZUHO FINANCIAL GROUP INC |
| MTR CORPORATION LTD |
| MURATA MANUFACTURING LTD ORD |
| NEXI SPA |
| NGK INSULATORS LTD ORD |
| NH FOODS LTD |
| NIKON CORP ORD |
| NIPPON EXPRESS HOLDINGS CO |
| NIPPON STEEL CORP |
| NIPPON TELEVISION NETWORK CORP ORD |
| NIPPON YUSEN KK |
| NISSAN MOTOR CO LTD ORD |
| NISSHIN SEIFUN GROUP INC |
| NITORI HOLDINGS CO LTD |
| NOKIA OYJ |
| NOMURA HOLDINGS INC ORD |
| NTT INC |
| NUTRIEN LTD |
| ODAKYU ELECTRIC RAILWAY CO LTD |
| OJI PAPER CO LTD |
| OMRON CORP ORD |
| OMV AG |
| ONEX CORP |
| ONO PHARMACEUTICAL CO LTD ORD |
| ORANGE SA |
| ORIX CORP ORD |
| ORLEN SA |
| OSAKA GAS CO LTD |
| OTSUKA HOLDINGS CO LTD ORD |
| PANASONIC HOLDINGS CORP |
| PERNOD RICARD SA |
| PGE POLSKA GRUPA ENERGETYCZNA SA |
| QINGDAO PORT INTERNATIONAL CO LTD |
| RAMSAY HEALTH CARE LTD ORD |
| RENESAS ELECTRONICS CORP |
| REPSOL SA |
| RICOH CO LTD |
| RINNAI CORP ORD |
| ROHM CO LTD ORD |
| RWE AG |
| SANOFI SA |
| SANTEN PHARMACEUTICAL CO LTD ORD |
| SANTOS LTD |
| SCENTRE GROUP |
| SEATRIUM LTD |
| SEGA SAMMY HOLDINGS INC |
| SEGRO PLC |
| SEIKO EPSON CORP ORD |
| SEKISUI HOUSE LTD ORD |
| SEVEN & I HOLDINGS CO LTD ORD |
| SHIMAMURA CORP ORD |
| SHIONOGI & CO LTD ORD |
| SHISEIDO CO LTD |
| SHIZUOKA FINANCIAL GROUP INC |
| SINGAPORE AIRLINES LTD ORD |
| SINO LAND CO LTD ORD |
| SOCIETE GENERALE SA CLASS A |
| SOFINA SA |
| SOJITZ CORP ORD |
| SOMPO HOLDINGS INC |
| SONIC HEALTHCARE (TECH AUST) ORD |
| SOUTH32 LTD |
| SPAREBANK 1 SMN |
| SSAB (SSAB SWEDISH STEEL) AB ORD B |
| STANDARD CHARTERED PLC |
| STANLEY ELECTRIC CO LTD |
| STELLANTIS NV |
| STMICROELECTRONICS NV |
| STORA ENSO OYJ CLASS R |
| SUBARU CORP |
| SUMITOMO |
| SUMITOMO CHEMICAL CO LTD |
| SUMITOMO ELECTRIC INDUSTRIES LTD |
| SUMITOMO HEAVY INDUSTRIES CO ORD |
| SUMITOMO METAL MINING CO LTD ORD |
| SUMITOMO MITSUI FINANCIAL GR |
| SUMITOMO MITSUI TRUST HOLDINGS ORD |
| SUMITOMO RUBBER INDUSTRIES LTD ORD |
| SUN HUNG KAI PROPERTIES |
| SUNTORY BEVERAGE & FOOD LTD |
| SVENSKA CELLULOSA AKTIEBOLAGET CLASS B |
| SWIRE PACIFIC LTD ORD A |
| SWIRE PROPERTIES LTD |
| SYENSQO SA |
| TAKEDA PHARMACEUTICAL |
| TBS HOLDINGS INC |
| TDK CORP ORD |
| TECK RESOURCES LIMITED CLASS B |
| TELECOM ITALIA SPA |
| TELEFONICA SA |
| TENARIS SA |
| TOBU RAILWAY CO LTD |
| TOHOKU ELECTRIC POWER CO INC ORD |
| TOKYO CENTURY CORP |
| TOKYO ELECTRIC POWER CO HOLDINGS INC |
| TOKYO GAS CO LTD |
| TOKYU CORP |
| TOPPAN HOLDINGS INC |
| TORAY INDUSTRIES INC ORD |
| TOSOH CORP |
| TOTALENERGIES SE |
| TOTO LTD |
| TOYOTA INDUSTRIES CORP ORD |
| TOYOTA TSUSHO CORP ORD |
| TPG TELECOM LTD |
| TREASURY WINE ESTATES LIMITED |
| UOL GROUP LTD ORD |
| UPM-KYMMENE OYJ |
| VICINITY CENTRES |
| VIENNA INSURANCE GROUP AG |
| VODAFONE GROUP PLC |
| VOESTALPINE AG |
| VOLKSWAGEN AG PREF |
| VOLVO CAR AB-B W/I |
| VONOVIA SE |
| WALLENIUS WILHELMSEN ASA |
| WAREHOUSES DE PAUW SCA |
| WEST JAPAN RAILWAY CO |
| WH GROUP LTD |
| WHARF HOLDINGS LTD ORD |
| WHARF REAL ESTATE INVESTMENT COMPANY LTD |
| WHITBREAD PLC |
| WHITEHAVEN COAL LTD |
| WIENERBERGER AG |
| WILMAR INTERNATIONAL LTD |
| WOODSIDE ENERGY GROUP LTD |
| WORLEY LTD |
| WPP PLC |
| YAKULT HONSHA CO LTD ORD |
| YAMADA HOLDINGS CO LTD |
| YAMATO HDG. |
| YAMAZAKI BAKING CO LTD |
| YARA INTERNATIONAL ASA |