I NDEX G UIDELINE
SOLACTIVE EUROPE SERIES

Version 1.3
24 April 2024

I NDEX GUIDELINETABLE OF CONTENTS
Introduction .............................................................................................................................................................................................. 3
1.

Index S pecifications.......................................................................................................................................................................4
1.1.

Scope of the Index.....................................................................................................................................................................4

1.2.

Identifiers and Publication .......................................................................................................................................................4

1.3.

Initial Level of the Index ...........................................................................................................................................................4

1.4.

Prices and calculation frequency ............................................................................................................................................ 5

1.5.

Licensing ................................................................................................................................................................................... 52.

Index Selection............................................................................................................................................................................... 6
2.1.

Index Universe Requirements .................................................................................................................................................. 6

2.2.

Selection of the Index Components ........................................................................................................................................ 7

2.3.

Weighting of the Index Components ....................................................................................................................................... 83.

Rebalance....................................................................................................................................................................................... 9
3.1.

Ordinary Rebalance .................................................................................................................................................................. 9

3.2.

Extraordinary Rebalance .......................................................................................................................................................... 94.

Calculation of the Index .............................................................................................................................................................. 10
4.1.

Index formula .......................................................................................................................................................................... 10

4.2. Accurac y.................................................................................................................................................................................. 10
4.3. Adjustments............................................................................................................................................................................ 10
4.4. Corporate ac tions .................................................................................................................................................................... 11
4.5. Recalculation ...........................................................................................................................................................................124.6. Market Disruption ....................................................................................................................................................................12
5.

Miscellaneous ...............................................................................................................................................................................13
5.1.

Discretion .................................................................................................................................................................................13

5.2.

Methodology Review................................................................................................................................................................13

5.3.

Changes in calculation method ..............................................................................................................................................135.4. Termination............................................................................................................................................................................. 14
5.5.

Oversight ................................................................................................................................................................................. 14

6.

Definitions .....................................................................................................................................................................................15

7.

History of Index Changes..............................................................................................................................................................17

Contact.....................................................................................................................................................................................................18

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I NDEX GUIDELINEINTRODUCTION
This document (the “GUIDELINE”) is to be used as a guideline with regard to the composition, calculation andmaintenance of the SOLACTIVE EUROPE SERIES (the “INDICES” and individually the “INDEX”). Any amendments
to the rules made to the GUIDELINE are approved by the OVERSIGHT COMMITTEE specified in Section 5.5. The
I NDICES is owned, calculated, administered, and published by Solactive AG (“SOLACTIVE”) assuming the roleas administrator (the “INDEX ADMINISTRATOR”) under the Regulation (EU) 2016/1011 (the “B ENCHMARKREGULATION” or “BMR”). The name “Solactive” is trademarked.

The text uses defined terms which are formatted with “SMALL CAPS”. Such Terms shall have the meaning
assigned to them as specified in Section 6 (Definitions).
The G UIDELINE and the policies and methodology documents referenced herein contain theunderlying principles and rules regarding the structure and operation of the INDICES. SOLACTIVE does
not offer any explicit or tacit guarantee or assurance, neither pertaining to the results from the useof the INDICES nor the level of the INDICES at any certain point in time nor in any other respect.
SOLACTIVE strives to the best of its ability to ensure the correctness of the calculation. There is no
obligation for SOLACTIVE – irrespective of possible obligations to issuers – to advise third parties,
including investors and/or financial intermediaries, of any errors in the INDICES. The publication of
the INDICES by SOLACTIVE does not constitute a recommendation for capital investment and does notcontain any assurance or opinion of SOLACTIVE regarding a possible investment in a financial
instrument based on this INDICES.

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1.

INDEX SPECIFICATIONS

1.1.

SCOPE OF THE INDEX

Category
Asset Class
Strategy
Regional Allocation
Rebalancing Fee
Rebalancing Frequency

Description
EquityThe SOLACTIVE EUROPE SERIES intends to track the performance of various size
segments of the European market
EuropeQuarterly

1.2. IDENTIFIERS AND PUBLICATION
Details on the individual I NDICES (identifiers, currencies and return versions) of the SOLACTIVE EUROPE SERIES
are contained in the list of published SOLACTIVE EUROPE BENCHMARK SERIES I NDICES available on the SOLACTIVE
website: https://solactive.com/downloads/Solactive-Europe-Series-List-of-published-Indices.pdf.
The I NDICES are calculated as price return, net total return, and gross total return index as described in the
EquityIndex
Methodology,
whichisavailable
on
the
SOLACTIVE
website:https://www.solactive.com/documents/equity-index-methodology/.
The I NDICES are published on the website of the I NDEX ADMINISTRATOR (www.solactive.com) and are, in
addition, available via the price marketing services of Boerse Stuttgart GmbH and may be distributed to allof its affiliated vendors. Each vendor decides on an individual basis as to whether it will distribute or display
the I NDICES via its information systems.
Any publication in relation to the I NDICES (e.g. notices, amendments to the GUIDELINE ) will be available at thewebsite of the I NDEX ADMINISTRATOR: https://www.solactive.com/news/announcements/.

1.3. INITIAL LEVEL OF THE INDEXThe initial level of the I NDICES on the 08/05/2006, the START DATE , is 1000. Historical values from the LIVEDATE , as shown in Section 1.2, will be recorded in accordance with Article 8 of the BMR. Levels of the I NDICES
published for a period prior to the LIVE DATE have been back-tested. The LIVE DATE of each I NDEX is stated in
the list of published SOLACTIVE EUROPE BENCHMARK SERIES I NDICES available on the SOLACTIVE website:
https://solactive.com/downloads/Solactive-Europe-Series-List-of-published-Indices.pdf.
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1.4. PRICES AND CALCULATION FREQUENCY
The level of the I NDEX is calculated on each CALCULATION DAY from 9:00 a.m. to 10:50 p.m. CET based on the
TRADING PRICES on the EXCHANGES on which the I NDEX COMPONENTS are listed. TRADING PRICES of I NDEXCOMPONENTS not listed in the I NDEX CURRENCY are converted using the current Intercontinental Exchange(ICE) spot foreign exchange rate. Should there be no current TRADING PRICE for an I NDEX COMPONENT, the laterof: (i) the most recent CLOSING PRICE ; or (ii) the last available TRADING PRICE for the preceding TRADING DAY isused in the calculation.
In addition to the intraday calculation a closing level of the I NDEX for each CALCULATION DAY is also
calculated. This closing level is based on the CLOSING PRICES for the I NDEX COMPONENTS on the respective
EXCHANGES on which the I NDEX COMPONENTS are listed. The CLOSING PRICES of I NDEX COMPONENTS not listed in
the I NDEX CURRENCY are converted using the 4pm London time WM Fixing quoted by Reuters. If there is no
4pm London time WM Fixing for the relevant CALCULATION DAY , the last available 4pm London time WM
Fixing will be used for the closing level calculation.

1.5. LICENSING
Licenses to use the I NDICES as the underlying value for financial instruments, investment funds, andfinancial contracts may be issued to stock exchanges, banks, financial services providers, and investment
houses by SOLACTIVE .

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2.

INDEX SELECTION

On each SELECTION DAY , the I NDEX ADMINISTRATOR will revise the composition of the I NDICES.
In a first step, the I NDEX ADMINISTRATOR determines the I NDEX U NIVERSE in accordance with Section 2.1. TheI NDEX U NIVERSE comprises all those financial instruments which fulfill the I NDEX U NIVERSE REQUIREMENTS (asspecified in Section 2.1) and will constitute a starting pool from which the components of the I NDICES will
be selected. Based on this I NDEX U NIVERSE , the new composition of the I NDICES will be determined by applying
the rules outlined in Section 2.2.
Each I NDEX COMPONENT will be assigned a weight as described in Section 2.3.

2.1 .

INDEX UNIVERSE REQUIREMENTS

The I NDEX U NIVERSE is comprised of all financial instruments which fulfill the below requirements (the“INDEX UNIVERSE REQUIREMENTS“):First, all companies that are part of the GBS I NDEX U NIVERSE of the Solactive GBS Developed Markets Europe
Investable Universe USD Index PR (ISIN: DE000SLA8DV6), on a SELECTION DAY as published on the SOLACTIVE
website: https://www.solactive.com are eligible for inclusion.
Second, eligible companies need to fulfill the following additional criteria:
Only securities listed on a European exchange within the Developed Markets as defined in the LIST
OF ELIGIBLE EXCHANGES are eligible for inclusion.
Only securities trading in one of the respective local European currencies are eligible for inclusion.
Only one share class of each company is eligible for inclusion in the I NDEX U NIVERSE. To avoid
frequent changes between two share-classes of a company, SOLACTIVE applies a liquidity buffer
rule:
If the company is currently included in the I NDEX: The share class currently included in the
I NDEX will be eligible for the I NDEX U NIVERSE if its AVERAGE DAILY VALUE TRADED over thepreceding 1-month and 6-month period is at least 75% of the AVERAGE DAILY VALUE TRADED
over the preceding 1-month and 6-month period of any other share class of the company.
If the company is currently not included in the I NDEX: The share class with the highest
AVERAGE DAILY VALUE TRADED over the preceding 1-month and 6-month period is included in
the I NDEX U NIVERSE .
The determination of the I NDEX U NIVERSE is fully rule-based and the I NDEX ADMINISTRATOR cannot make any
discretionary decisions.

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2.2. SELECTION OF THE INDEX COMPONENTS
Based on the I NDEX U NIVERSE, the initial composition of the I NDICES as well as any selection for an ordinary
rebalance is determined on the SELECTION DAY in accordance with the following rules (the “INDEXCOMPONENT REQUIREMENTS“):

2.2.1. SOLACTIVE EUROPE 600 INDEX
1. Securities in the I NDEX U NIVERSE are sorted by FREE FLOAT MARKET CAPITALIZATION in descending order.
Each security is assigned a rank based on the position in the sorted list, e.g., the security with thehighest FREE FLOAT MARKET CAPITALIZATION is assigned rank 1.
2. All securities ranked in the top 510 are selected as I NDEX COMPONENTS .
3. Current I NDEX COMPONENTS with a rank from 511 to 720 are added to the I NDEX until the total numberof stocks in the I NDEX reaches 600.
4. If the total number of I NDEX COMPONENTS is still below 600 after the previous steps, the highestranking securities are added to the I NDEX until 600 I NDEX COMPONENTS are reached.

2.2.2. SOLACTIVE EUROZONE INDEX
1. All I NDEX COMPONENTS of the SOLACTIVE EUROPE 600 I NDEX are selected as I NDEX COMPONENTS .
2. I NDEX COMPONENTS which are not listed on a Eurozone exchange within the Developed Markets as
defined in the LIST OF ELIGIBLE EXCHANGES are excluded from the I NDEX.
3. I NDEX COMPONENTS which are not trading in EUR are excluded from the I NDEX.

2.2.3. SOLACTIVE EUROPE 600 LARGE CAP INDEX
1. All I NDEX COMPONENTS of the SOLACTIVE EUROPE 600 I NDEX are sorted by FREE FLOAT MARKET
CAPITALIZATION in descending order. Each security is assigned a rank based on the position in thesorted list, e.g., the security with the highest FREE FLOAT MARKET CAPITALIZATION is assigned rank 1.
2. All securities ranked in the top 170 are selected as I NDEX COMPONENTS .
3. Current I NDEX COMPONENTS with a rank from 171 to 240 are added to the I NDEX until the total numberof stocks in the I NDEX reaches 200.
4. If the total number of I NDEX COMPONENTS is still below 200 after the previous steps, the highestranking securities are added to the I NDEX until 200 I NDEX COMPONENTS are reached.

2.2.4. SOLACTIVE EUROPE 600 MID CAP INDEX
1. All I NDEX COMPONENTS of the SOLACTIVE EUROPE 600 I NDEX, which are not an I NDEX COMPONENT of the
SOLACTIVE EUROPE 600 LARGE CAP I NDEX, are sorted by FREE FLOAT MARKET CAPITALIZATION in descendingorder. Each security is assigned a rank based on the position in the sorted list, e.g., the security withthe highest FREE FLOAT MARKET CAPITALIZATION is assigned rank 1.
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2. All securities ranked in the top 170 are selected as I NDEX COMPONENTS .
3. Current I NDEX COMPONENTS with a rank from 171 to 240 are added to the I NDEX until the total numberof stocks in the I NDEX reaches 200.
4. If the total number of I NDEX COMPONENTS is still below 200 after the previous steps, the highestranking securities are added to the I NDEX until 200 I NDEX COMPONENTS are reached.

2.2.5. SOLACTIVE EUROPE 600 SMALL CAP INDEX
1. All I NDEX COMPONENTS of the SOLACTIVE EUROPE 600 I NDEX, which are not an I NDEX COMPONENT of the
SOLACTIVE EUROPE 600 LARGE CAP I NDEX or an I NDEX COMPONENT of the SOLACTIVE EUROPE 600 MID CAPI NDEX, are selected as I NDEX COMPONENTS .
The selection of the I NDEX COMPONENTS is fully rule-based and the I NDEX ADMINISTRATOR cannot make any
discretionary decision.

2.3. WEIGHTING OF THE INDEX COMPONENTS
On each SELECTION DAY each I NDEX COMPONENT is assigned a weight according to FREE FLOAT MARKET
CAPITALIZATION.

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3. REBALANCE
3.1 . ORDINARY REBALANCE
In order to reflect the new selection of the I NDEX COMPONENTS determined on the SELECTION DAY (inaccordance with Section 2.1 and 2.2) the I NDICES are 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 .
While the SOLACTIVE EUROPE 600 I NDEX (SOLACTIVE EUROPE 600 LARGE CAP I NDEX, SOLACTIVE EUROPE 600 MID CAPI NDEX, SOLACTIVE EUROPE 600 SMALL CAP I NDEX) aims to retain a fixed component count of 600 (200, 200, 200),
extraordinary adjustments may influence the constituent count. In particular, the following rules apply:
First, the I NDEX may include more or less than 600 (200, 200, 200) I NDEX COMPONENTS between ordinary
rebalances due to spin-offs being added to or delisted companies being removed from the I NDEX in
accordance with the rules set forth in Section 4.3.
Secondly, newly determined I NDEX COMPONENTS can be affected by extraordinary adjustments between therespective SELECTION DAY and the subsequent REBALANCE DAY . Spinoffs of newly determined I NDEXCOMPONENTS will be added to the I NDEX and lead to a component count of more than 600 (200, 200, 200)
after the respective REBALANCE DAY .
For more information on the rebalance procedure please refer to the Equity Index Methodology, which isincorporated
byreference
andavailable
on
the
SOLACTIVE
website:https://www.solactive.com/documents/equity-index-methodology/.
SOLACTIVE will publish any changes made to the I NDEX COMPONENTS with sufficient notice before the
REBALANCE DAY on the SOLACTIVE webpage under the section “Announcement”, which is available athttps://www.solactive.com/news/announcements/.

3.2. EXTRAORDINARY REBALANCE
The I NDICES are not rebalanced extraordinarily.

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4. CALCULATION OF THE INDEX
4.1. INDEX FORMULA
The I NDICES are calculated as a price return, net total return, and gross total return index.
The calculation is performed according to the Equity Index Methodology, which is available on the SOLACTIVE
website: https://www.solactive.com/documents/equity-index-methodology/. The divisor index formula
stipulates that the level of the I NDEX changes based on the change of the prices of its I NDEX COMPONENTS
taking into account their weight in the I NDEX and any currency conversion in case the price of an I NDEXCOMPONENT is quoted in a currency other than the I NDEX CURRENCY .
Any dividends or other distributions are reinvested across the entire basket of I NDEX COMPONENTS by meansof a divisor at the opening of the effective date (the so-called ex-date) of the payment of such dividend orother distribution.
A more detailed description of the mechanics of the index calculation formula can be found in the Equity
Index Methodology under Section 1.2.
For the construction of the adjusted return version a decrement of 5% per annum is deducted on each I NDEXCALCULATION DAY from the NTR Index version. The decrement will be applied in compliance with the
Solactive Equity Index Methodology, which is incorporated by reference and available on the SOLACTIVE
website: https://www.solactive.com/documents/equity-index-methodology/.

4.2. ACCURACY
The level of the I NDICES will be rounded to two decimal places. Divisors will be rounded to six decimal places.
TRADING PRICES and foreign exchange rates will be rounded to six decimal places.

4.3. ADJUSTMENTS
Under certain circumstances, an adjustment of the I NDICES may be necessary between two regular
REBALANCE DAYS. Such adjustment has to be made if a corporate action (as specified in Section 4.4 below) inrelation of an I NDEX COMPONENT occurs. Such adjustment may have to be done in relation to an I NDEXCOMPONENT and/or may also affect the number of I NDEX COMPONENTS and/or the weighting of certain I NDEXCOMPONENTS and will be made in compliance with the SOLACTIVE Equity Index Methodology, which isincorporated
byreference
andavailable
on
the
SOLACTIVE
website:https://www.solactive.com/documents/equity-index-methodology/.
SOLACTIVE will announce the I NDEX adjustment giving a notice period of at least two TRADING DAYS (withrespect to the affected I NDEX COMPONENT ) on the SOLACTIVE website under the Section “Announcements”,
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which is available at https://www.solactive.com/news/announcements/. The I NDEX adjustments will be
implemented on the effective day specified in the respective notice.

4.4. CORPORATE ACTIONS
As part of the I NDEX maintenance SOLACTIVE will consider various events – also referred to as corporate
actions – which result in an adjustment to the I NDICES between two regular REBALANCE DAYS. Such events
have a material impact on the price, weighting or overall integrity of I NDEX COMPONENTS. Therefore, theyneed to be accounted for in the calculation of the I NDICES. Corporate actions will be implemented from thecum-day to the ex-day of the corporate action, so that the adjustment to the I NDICES coincides with theoccurrence of the price effect of the respective corporate action.
Adjustments to the I NDICES to account for corporate actions will be made in compliance with the Equity
Index
Methodology,
whichisavailable
on
the
SOLACTIVE
website:https://www.solactive.com/documents/equity-index-methodology/. This document contains for eachcorporate action a brief definition and specifies the relevant adjustment to the I NDEX variables.
While SOLACTIVE aims at creating and maintaining its methodology for the treatment of corporate actions
as generic and transparent as possible and in line with regulatory requirements, it retains the right inaccordance with the Equity Index Methodology to deviate from these standard procedures in case of any
unusual or complex corporate action or if such a deviation is made to preserve the comparability andrepresentativeness of the I NDICES over time.
SOLACTIVE considers the following, but not conclusive, list of corporate actions as relevant for the I NDEX
maintenance:
Cash Distributions (e.g. payment of a dividend)
Stock distributions (e.g. payment of a dividend in form of additional shares)
Stock distributions of another company (e.g. payment of a dividend in form of additional shares ofanother company (e.g. of a subsidiary))
Share splits (company´s present shares are divided and therefore multiplied by a given factor)
Reverse splits (company´s present shares are effectively merged)
Capital increases (such as issuing additional shares)
Share repurchases (a company offer its shareholders the option to sell their shares to a fixed price)
Spin-offs (the company splits its business activities into two or more entities and distributes newequity shares in the created entities to the shareholders of the former entity)
Mergers & Acquisitions (transaction in which the ownership of a company (or other businessorganizations) are transferred or consolidated with other entities, e.g. fusion of two or more
separate companies into one entity)
Delistings (company´s shares are no longer publicly traded at a stock exchange)
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Nationalization of a company (effective control of a legal entity is taken over by a state)
Insolvency

4.5. RECALCULATIONSOLACTIVE makes the greatest possible efforts to accurately calculate and maintain its indices. However,errors in the determination process may occur from time to time for variety reasons (internal or external)
and therefore, cannot be completely ruled out. SOLACTIVE endeavors to correct all errors that have been
identified within a reasonable period of time. The understanding of “a reasonable period of time” as well as
the general measures to be taken are generally depending on the underlying and is specified in the
SOLACTIVE Correction Policy, which is incorporated by reference and available on the SOLACTIVE website:
https://www.solactive.com/documents/correction-policy/.

4.6. MARKET DISRUPTION
In periods of market stress SOLACTIVE calculates its indices following predefined and exhaustive
arrangements as described in the SOLACTIVE Disruption Policy, which is incorporated by reference andavailable on the SOLACTIVE website: https://www.solactive.com/documents/disruption-policy/. Suchmarket stress can arise due to a variety of reasons, but generally results in inaccurate or delayed prices forone or more I NDEX COMPONENTS . The determination of the I NDICES may be limited or impaired at times of
illiquid or fragmented markets and market stress.

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MISCELLANEOUS

5.1 . DISCRETION
Any discretion which may need to be exercised in relation to the determination of the I NDICES (for example
the determination of the I NDEX U NIVERSE (if applicable), the selection of the I NDEX COMPONENTS (if applicable)or any other relevant decisions in relation to the I NDICES) shall be made in accordance with strict rules
regarding the exercise of discretion or expert judgement.

5.2. METHODOLOGY REVIEWThe methodology of the I NDICES is subject to regular review, at least annually. In case a need of a changeof the methodology has been identified within such review (e.g. if the underlying market or economic
reality has changed since the launch of the I NDICES, i.e. if the present methodology is based on obsolete
assumptions and factors and no longer reflects the reality as accurately, reliably and appropriately as
before), such change will be made in accordance with the SOLACTIVE Methodology Policy, which isincorporated
byreference
andavailable
on
the
SOLACTIVE
website:https://www.solactive.com/documents/methodology-policy/.
Such change in the methodology will be announced on the SOLACTIVE website under the Section“Announcement”, which is available at https://www.solactive.com/news/announcements/. The date of
the last amendment of this I NDICES is contained in this GUIDELINE .

5.3. CHANGES IN CALCULATION METHOD
The application by the I NDEX ADMINISTRATOR of the method described in this document is final and binding.
The I NDEX ADMINISTRATOR shall apply the method described above for the composition and calculation of the
I NDICES. However, it cannot be excluded that the market environment, supervisory, legal, and financial or
tax reasons may require changes to be made to this method. The I NDEX ADMINISTRATOR may also makechanges to the terms and conditions of the I NDEX and the method applied to calculate the I NDICES that it
deems to be necessary and desirable in order to prevent obvious or demonstrable error or to remedy,
correct or supplement incorrect terms and conditions. The I NDEX ADMINISTRATOR is not obliged to provide
information on any such modifications or changes. Despite the modifications and changes, the I NDEXADMINISTRATOR will take the appropriate steps to ensure a calculation method is applied that is consistent
with the method described above.

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5.4. TERMINATIONSOLACTIVE makes the greatest possible efforts to ensure the resilience and continued integrity of its indicesover time. Where necessary, SOLACTIVE follows a clearly defined and transparent procedure to adapt index
methodologies to changing underlying markets (see Section 5.2 “Methodology Review”) in order to maintaincontinued reliability and comparability of the indices. Nevertheless, if no other options are available theorderly cessation of the I NDICES may be indicated. This is usually the case when the underlying market or
economic reality, which an index is set to measure or to reflect, changes substantially and in a way notforeseeable at the time of inception of the index, the index rules, and particularly the selection criteria, canno longer be applied coherently or the index is no longer used as the underlying value for financial
instruments, investment funds, and financial contracts.
SOLACTIVE has established and maintains clear guidelines on how to identify situations in which the
cessation of an index is unavoidable, how stakeholders are to be informed and consulted, and theprocedures to be followed for a termination or the transition to an alternative index. Details are specified
in the SOLACTIVE Termination Policy, which is incorporated by reference and available on the SOLACTIVE
website: https://www.solactive.com/documents/termination-policy/.

5.5. OVERSIGHT
An oversight committee composed of staff from SOLACTIVE and its subsidiaries (the “OVERSIGHT COMMITTEE”)
is responsible for decisions regarding any amendments to the rules of the I NDICES. Any such amendment,
which may result in an amendment of the GUIDELINE , must be submitted to the OVERSIGHT COMMITTEE for priorapproval and will be made in compliance with the Methodology Policy, which is available on the SOLACTIVE
website: https://www.solactive.com/documents/methodology-policy/.

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6.

DEFINITIONS“AVERAGE DAILY VALUE TRADED” means, in respect of an I NDEX COMPONENT, the sum of DAILY VALUE TRADED
over the specified period divided by the number of TRADING DAYS that fall in the specified period.
“B ENCHMARK REGULATION” shall have the meaning as defined in Section “Introduction”.
“BMR” shall have the meaning as defined in Section “Introduction”.
“B USINESS DAY” is every weekday from Monday to Friday.
“CALCULATION DAY” is every weekday from Monday to Friday. A day on which the EUREX Exchange is notopen for general business is not a CALCULATION DAY .
“CLOSE OF B USINESS” is the calculation time of the closing level of the I NDEX as outlined in Section 1.4.
The “CLOSING PRICE” in respect of an I NDEX COMPONENT and a TRADING DAY is a security's final regular-hours
TRADING PRICE published by the EXCHANGE and determined in accordance with the EXCHANGE regulations. If
the EXCHANGE has no or has not published a CLOSING PRICE in accordance with the EXCHANGE rules for an I NDEXCOMPONENT , the last TRADING PRICE will be used.
“DAILY VALUE TRADED” means, in respect of an I NDEX COMPONENT and a TRADING DAY , the product of (i) the
CLOSING PRICE of such I NDEX COMPONENT and (ii) the volume traded (measured as a number of shares) of such
I NDEX COMPONENT on the EXCHANGE during such TRADING DAY .
“ELIGIBLE GBS REBALANCE DAY” is each day that is a TRADING DAY at the New York Stock Exchange, theLondon Stock Exchange, the EUREX Exchange, and the Tokyo Stock Exchange.
“ELIGIBLE REBALANCE DAY” is each day that is an ELIGIBLE GBS REBALANCE DAY and a TRADING DAY on each of
the EXCHANGES of current and new I NDEX COMPONENTS.
“EXCHANGE” is with respect to the I NDEX and every I NDEX COMPONENT, the respective exchange where the
I NDEX COMPONENT has its listing as determined in accordance with the rules in Section 2.
“F IXING DAY” is the SELECTION DAY .
The “F REE F LOAT” is with regard to each of the securities in the I NDEX U NIVERSE on a SELECTION DAY the shareclass-specific fraction of the total number of shares of such share class issued that are available for tradingby market participants and not locked-in by long term holders, as sourced from data vendors.
The “F REE F LOAT MARKET CAPITALIZATION” is with regard to each of the securities in the I NDEX U NIVERSE on a
SELECTION DAY the share class-specific free float market capitalization. It is calculated as the multiplicationof the shares outstanding in FREE FLOAT (as sourced from data vendors) with the CLOSING PRICE of the shareclass as of the respective SELECTION DAY .
“GBS INDEX UNIVERSE” is the I NDEX U NIVERSE as defined in the guideline of the SOLACTIVE Global Benchmark
Series: https://solactive.com/downloads/Guideline-Solactive-GBS-Benchmark-Series.pdf.
“GBS REBALANCE DAY” is the first Wednesday in February, May, August, and November. If that day is not an
ELIGIBLE GBS REBALANCE DAY , the GBS REBALANCE DAY will be the following ELIGIBLE GBS REBALANCE DAY .
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I NDEX GUIDELINE“G UIDELINE” shall have the meaning as defined in Section “Introduction”.
“INDICES” shall have the meaning as defined in Section “Introduction”.
“INDEX ADMINISTRATOR” shall have the meaning as defined in Section “Introduction”.
“INDEX COMPONENT” is each security reflected in the I NDEX.
“INDEX COMPONENT REQUIREMENTS” shall have the meaning as defined in Section 2.2.
“INDEX CURRENCY” is the currency specified in the column “Currency” in the table in Section 1.2.
“INDEX UNIVERSE REQUIREMENTS” shall have the meaning as defined in Section 2.1.
“INDEX UNIVERSE” is the sum of all financial instruments which fulfill the I NDEX U NIVERSE REQUIREMENTS .
“LIST OF ELIGIBLE EXCHANGES” shall have the meaning as defined in the guideline of the SOLACTIVE Global
Benchmark Series: https://solactive.com/downloads/Guideline-Solactive-GBS-Benchmark-Series.pdf.
“LIVE DATE” shall have the meaning as defined in Section 1.3.
“OVERSIGHT COMMITTEE” shall have the meaning as defined in Section 5.5.
“REBALANCE DAY” is the first Wednesday in February, May, August, and November. If that day is not an
ELIGIBLE REBALANCE DAY , the REBALANCE DAY will be the following ELIGIBLE REBALANCE DAY .
“SELECTION DAy” is 20 BUSINESS DAYS before the scheduled GBS REBALANCE DAY .
“SOLACTIVE” shall have the meaning as defined in Section “Introduction”.
“START DATE” shall have the meaning as defined in Section 1.3.
“TRADING DAY” is with respect to an I NDEX COMPONENT included in the I NDEX at the REBALANCE DAY and every
I NDEX COMPONENT included in the I NDEX at the CALCULATION DAY immediately following the REBALANCE DAY (forclarification: this provision is intended to capture the TRADING DAYS for the securities to be included in the
I NDEX as new I NDEX COMPONENTS with close of trading on the relevant EXCHANGE on the REBALANCE DAY ) a dayon 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 I NDEXADMINISTRATOR is ultimately responsible as to whether a certain day is a TRADING DAY .
The “TRADING PRICE” in respect of an I NDEX COMPONENT and a TRADING DAY is the most recent published priceat which the I NDEX COMPONENT was traded on the respective EXCHANGE .

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I NDEX GUIDELINE7.

HISTORY OF INDEX CHANGES
VersionDate

Description

1.0

2019-09-05

Index Guideline creation (initial version)

1.1

2021-09-29

Unspecified Change

1.22023-07-03

The rule to select a successor in case of a delisting before therebalance day is removed

1.3

2024-04-24

Addition of the 5% AR return version.
Outsourcing of the published indices to a separate document

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Version 1.3 – 24 April 2024

I NDEX GUIDELINECONTACT
Solactive AG
German Index Engineering
Platz der Einheit 1
60327 Frankfurt am Main
Germany
Tel.:
Fax:
Email:
Website:+49 (0) 69 719 160 00+49 (0) 69 719 160 25
info@solactive.com
www.solactive.com© Solactive AG
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Version 1.3 – 24 April 2024