I NDEX G UIDELINE
SOLACTIVE VK GLOBALE AKTIEN INDEX

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31 July 2024

INDEX GUIDELINETABLE OF CONTENTS
Introduction .............................................................................................................................................................................................................................. 3
1.

Index Specifications ................................................................................................................................................................................................... 4
1.1.

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

1.2.

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

1.3.

Initial Level of the Index ..................................................................................................................................................................................... 5

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 ............................................................................................................................................................... 6

2.3.

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

Rebalance ................................................................................................................................................................................................................... 10
3.1.

Ordinary Rebalance ........................................................................................................................................................................................... 10

3.2.

Extraordinary Rebalance ................................................................................................................................................................................. 10

4.

Calculation of the Index .......................................................................................................................................................................................... 11
4.1.

Index formula ........................................................................................................................................................................................................ 11

4.2.

Accuracy ................................................................................................................................................................................................................. 11

4.3. Adjustments .......................................................................................................................................................................................................... 114.4. Corporate actions ................................................................................................................................................................................................ 124.5. Recalculation ........................................................................................................................................................................................................13
4.6. Market Disruption ................................................................................................................................................................................................13
5.

Miscellaneous .............................................................................................................................................................................................................14
5.1.

Discretion ...............................................................................................................................................................................................................14

5.2.

Methodology Review...........................................................................................................................................................................................145.3. Changes in calculation method ......................................................................................................................................................................145.4. Termination ...........................................................................................................................................................................................................15
5.5.

Index Committee .................................................................................................................................................................................................15

6.

Definitions ....................................................................................................................................................................................................................16

7.

History of Index Changes ........................................................................................................................................................................................19

Contact ..................................................................................................................................................................................................................................... 20

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INDEX GUIDELINEINTRODUCTION
This document (the “GUIDELINE”) is to be used as a guideline with regard to the composition, calculation andmaintenance of the Solactive VK Clean Energy Index (the “INDEX”). Any amendments to the rules made to
the GUIDELINE are approved by the INDEX COMMITTEE specified in Section 5.5. The INDEX is owned, calculated,administered and published by Solactive AG (“SOLACTIVE”) assuming the role as administrator (the “INDEXADMINISTRATOR”) under the Regulation (EU) 2016/1011 (the “BENCHMARK REGULATION” 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 GUIDELINE and the policies and methodology documents referenced herein contain theunderlying principles and rules regarding the structure and operation of the INDEX. SOLACTIVE does
not offer any explicit or tacit guarantee or assurance, neither pertaining to the results from the useof the INDEX nor the level of the INDEX 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 obligationfor SOLACTIVE – irrespective of possible obligations to issuers – to advise third parties, including
investors and/or financial intermediaries, of any errors in the INDEX. The publication of the INDEX by
SOLACTIVE does not constitute a recommendation for capital investment and does not contain any
assurance or opinion of SOLACTIVE regarding a possible investment in a financial instrument basedon this INDEX.

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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 VK Globale Aktien Index aims to track the global
equity market including only companies without Global Compact
violations as well as companies not involved in certain businessactivities. Furthermore, the weights are chosen in the optimization
process in such a way that the final index has a lower carbon
intensity, better average ESG rating, less environmental orange
flags and more weight in securities that have set Science Based
Targets than the benchmark, as well as a minimum cumulative
weight in sustainable securities and EU Taxonomy-aligned
securities.
Global Developed and Emerging Markets
0.05%
Quarterly

1.2. IDENTIFIERS AND PUBLICATIONThe INDEX is published under the following identifiers:
Name
Solactive VK Globale Aktien
Index PR
Solactive VK Globale Aktien
Index NTR
Solactive VK Globale Aktien
Index TR

ISIN

Currency Type

RIC

DE000SL0HZV2

EUR

PR*

.SVKGAIP

DE000SL0HZW0 EUR

NTR*.SVKGAIN

DE000SL0HZX8GTR*.SVKGAITEUR

BBG ticker

SVKGAIN*PR, NTR and GTR means that the Index is calculated as price return, net total return, gross total return Index as described in the Equity Index Methodology,
which is available on the SOLACTIVE website: https://www.solactive.com/documents/equity-index-methodology/

The INDEX is published on the website of the INDEX ADMINISTRATOR (www.solactive.com) and is, in addition,
available via the price marketing services of Boerse Stuttgart GmbH and may be distributed to all of its
affiliated vendors. Each vendor decides on an individual basis as to whether it will distribute or display the
INDEX via its information systems.
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Any publication in relation to the INDEX (e.g. notices, amendments to the GUIDELINE) will be available at thewebsite of the INDEX ADMINISTRATOR: https://www.solactive.com/news/announcements/.

1.3. INITIAL LEVEL OF THE INDEXThe initial level of the INDEX on the 24/05/2024, the START DATE, is 125.32. Historical values from the
27/05/2024, the LIVE DATE, will be recorded in accordance with Article 8 of the BMR.

1.4. PRICES AND CALCULATION FREQUENCY
The level of the INDEX is calculated on each CALCULATION DAY from 1:00 a.m. to 10:50 p.m. CET based on the
TRADING PRICES on the EXCHANGES on which the INDEX COMPONENTS are listed. TRADING PRICES of INDEXCOMPONENTS not listed in the INDEX CURRENCY are converted using the current Intercontinental Exchange(ICE) spot foreign exchange rate. Should there be no current TRADING PRICE for an INDEX 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 INDEX for each CALCULATION DAY is also
calculated. This closing level is based on the CLOSING PRICES for the INDEX COMPONENTS on the respective
EXCHANGES on which the INDEX COMPONENTS are listed. The CLOSING PRICES of INDEX COMPONENTS not listed in
the INDEX CURRENCY are converted using the 04:00 p.m. London time rates provided by WM/ Refinitiv (the“WM/ Refinitiv Rate”). If there is no 04:00 p.m. London time WM/ Refinitiv Rate for the relevant CALCULATION
DAY, the last available 04:00 p.m. London time WM/ Refinitiv Rate will be used for the closing levelcalculation.

1.5. LICENSING
Licenses to use the INDEX as the underlying value for financial instruments, investment funds and financial
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 SELECTION PARTY will revise the composition of the INDEX.
In a first step, the SELECTION PARTY determines the INDEX UNIVERSE in accordance with Section 2.1. The INDEXUNIVERSE comprises all those financial instruments which fulfill the INDEX UNIVERSE REQUIREMENTS (asspecified in Section 2.1) and will constitute a starting pool from which the components of the INDEX will beselected. Based on this INDEX UNIVERSE, the new composition of the INDEX will be determined by applying therules outlined in Section 2.2.
Each new INDEX COMPONENT will be assigned a weight as described in Section 2.3.

2.1.

INDEX UNIVERSE REQUIREMENTS

The INDEX UNIVERSE is comprised of all financial instruments which fulfill the below requirements (the“INDEX UNIVERSE REQUIREMENTS“):-

Is a security listed on any of the ELIGIBLE EXCHANGES.

-

Security issuer is headquartered in an ELIGIBLE COUNTRY.

-Is the primary security as defined by FactSet.

The determination of the INDEX UNIVERSE is fully rule-based and the SELECTION PARTY cannot make any
discretionary decisions.

2.2. SELECTION OF THE INDEX COMPONENTS
Based on the INDEX UNIVERSE, the initial composition of the INDEX as well as any selection for an ordinary
rebalance is determined on the UNIVERSE SELECTION DAY in accordance with the following rules (the “INDEXCOMPONENT REQUIREMENTS“):
The SELECTION PARTY evaluates all companies on the SELECTION DAY based on the criteria outlined in the
below:
1. Securities with an AVERAGE DAILY VALUE TRADED of less than USD 5 million over the last three months
are excluded.
2. Securities with an AVERAGE DAILY VOLUME TRADED of less than 5.000 shares over the last threemonths are excluded.
3. Securities with a MARKET CAPITALIZATION OF less than USD 1 billion are excluded.
4. All companies in the respective INDEX UNIVERSE are evaluated based on the criteria outlined in thetables below:
a. Table 1:
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Theme

Involvement Category

Overall Global
Compact Compliant
Status

Non-Compliant or Watchlist

Tailor Made and Essential
Non Tailor Made and Non
Essential
Civilian Customers (Assault
and Non-Assault Weapons)
Military/Law Enforcement
Customers
Small Arms
Key Components
Retail/Distribution (Assault
and Non-Assault Weapons)
Production
Related Products/Services
TobaccoRetailOil Sands
Extraction
Shale Energy
Extraction
Extraction
Thermal Coal
Power Generation
Production
Alcoholic Beverages Related Products/ Services
RetailOperation
Specialized Equipment
Gambling
Supporting
Products/Services
Nuclear Power
Production
Production
Adult Entertainment
Distribution
Development
GMO Plant and
Seeds
GrowthControversial
Weapons

Involvement
ThresholdOwnership
Threshold

0%

10%

0%

10%

0%
10%
0%
0%
0%
5%
5%
10%
5%
10%
10%
5%
10%
5%
5%

10%
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable

Explanation: % figures refer to revenue threshold (for degree of Involvement) above whichcriterion is breached.

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All companies violating any of the exclusion criteria above are excluded. All companies forwhich an evaluation of these exclusion criteria is not possible due to insufficient and/or
missing information or data are excluded.
b. Table 2:
Theme
Exclusion criterion
UN Global Compact
Non-ComplianceControversial Weapons
Involvement
Nuclear Weapons
Involvement
TobaccoProducer
Thermal Coal Mining> 5% Mining and Sale
Thermal Coal-Based Power> 20% Generation
Environmental Controversies
Red Flag
ESG Rating
CCC
Explanation: % figures refer to revenue threshold (for degree of involvement) above whichcriterion is breached.
5. Securities with no ESG Risk Score are excluded.
6. All remaining securities are ranked in their sector according to their ESG Risk Score. All securities
ranking in the bottom third (rounded up to the nearest integer) of their sector are excluded. For the
avoidance of doubt, if a sector is composed of 5 securities, 2 securities will be excluded.
The INDEX ADMINISTRATOR has outsourced the selection of the INDEX COMPONENTS to the SELECTION PARTY. Suchoutsourcing has been made in accordance with the requirements of the BMR (Article 10 BMR).
The selection of the INDEX COMPONENTS is fully rule-based and the SELECTION PARTY cannot make any
discretionary decision.

2.3. WEIGHTING OF THE INDEX COMPONENTS
On each SELECTION DAY the SELECTION PARTY assigns each INDEX COMPONENT a weight by running an
optimization that minimizes the ex-ante tracking error relative to the BENCHMARK subject to the following
constraints:
1. Security weights are capped based on the AVERAGE DAILY VALUED TRADED according to below formula:

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max 𝑤𝑒𝑖𝑔ℎ𝑡𝑖 = 15% ∗𝐴𝐷𝑉𝑇𝑖
𝑃𝑜𝑟𝑡𝑓𝑜𝑙𝑖𝑜 𝑆𝑖𝑧𝑒

Where:
𝐴𝐷𝑉𝑇𝑖 : Security i’s minimum AVERAGE DAILY VALUED TRADED
𝑃𝑜𝑟𝑡𝑓𝑜𝑙𝑖𝑜 𝑆𝑖𝑧𝑒: EUR 500mn
2. Weighted average ESG score must be at least 10% higher than in the BENCHMARK.
3. Cumulative weight of securities with orange flags regarding environmental controversies must be
at least 50% lower than in the BENCHMARK.
4. Weighted average CARBON INTENSITY must be at least 20% lower than in the BENCHMARK.
5. Cumulative weight of securities that have set Science Based Targets must be at least 10% higher
than in the BENCHMARK.
6. Cumulative weight in SUSTAINABLE INVESTMENTS must be at least 15%.
7. Weighted average EU Taxonomy alignment in portfolio must be at least 5%.
8. Weighted average Dividend Yield must be at least 25% higher than in the BENCHMARK.
9. Compared to the BENCHMARK, absolute deviation of the sector weights is capped at 0.1%. The
maximum deviation is adjusted based on weight restrictions of the INDEX COMPONENTS.
10. Compared to the BENCHMARK, absolute deviation of the country weights is capped at 0.1%. The
maximum deviation is adjusted based on weight restrictions of the INDEX COMPONENTS.
11. Compared to the BENCHMARK, absolute deviation of the currency weights is capped at 0.1%. The
maximum deviation is adjusted based on weight restrictions of the INDEX COMPONENTS.

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3. REBALANCE
3.1. ORDINARY REBALANCE
In order to reflect the new selection of the INDEX COMPONENTS determined on the SELECTION DAY (inaccordance 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 weights as determined on the SELECTION DAY.
For more information on the rebalance procedure please refer to the Equity Index Methodology, which isincorporated
byreference
andavailable
onthe
Solactive
website:https://www.solactive.com/documents/equity-index-methodology/.
On each REBALANCE DAY there is a 0.05% rebalancing fee subtracted based on the total absolute change inthe weights of each financial instrument entering or leaving the INDEX. The rebalancing fee will be appliedin 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/.
SOLACTIVE will publish any changes made to the INDEX COMPONENTS with sufficient notice before the
REBALANCE DAY on the SOLACTIVE website under the section “Announcement”, which is available athttps://www.solactive.com/news/announcements/.

3.2. EXTRAORDINARY REBALANCE
The INDEX is not rebalanced extraordinarily.

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INDEX GUIDELINE4.

CALCULATION OF THE INDEX

4.1. INDEX FORMULA
The INDEX is 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 standard index formula
stipulates that the level of the INDEX changes based on the change of the prices of its INDEX COMPONENTS
taking into account their weight in the INDEX and any currency conversion in case the price of an INDEXCOMPONENT is quoted in a currency other than the INDEX CURRENCY.
Any dividends or other distributions are reinvested back into the INDEX COMPONENT paying the dividend orother distribution at the opening of the effective date (the so-called ex-date) of the payment of such
dividend or other 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.

4.2. ACCURACY
The level of the INDEX will be rounded to 2 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 INDEX 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) in relation of
an INDEX COMPONENT occurs. Such adjustment may have to be done in relation to an INDEX COMPONENT and/or
may also affect the number of INDEX COMPONENTS and/or the weighting of certain INDEX COMPONENTS and will
be made in compliance with the Solactive Equity Index Methodology, which is incorporated by reference andavailable on the SOLACTIVE website: https://www.solactive.com/documents/equity-index-methodology/.
SOLACTIVE will announce the INDEX adjustment giving a notice period of at least two TRADING DAYS (withrespect to the affected INDEX COMPONENT) on the SOLACTIVE website under the Section “Announcements”,
which is available at https://www.solactive.com/news/announcements/. The INDEX adjustments will be
implemented on the effective day specified in the respective notice.

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4.4. CORPORATE ACTIONS
As part of the INDEX maintenance SOLACTIVE will consider various events – also referred to as corporate
actions – which result in an adjustment to the INDEX between two regular REBALANCE DAYS. Such events havea material impact on the price, weighting or overall integrity of INDEX COMPONENTS. Therefore, they need tobe accounted for in the calculation of the INDEX. Corporate actions will be implemented from the cum-day
to the ex-day of the corporate action, so that the adjustment to the INDEX coincides with the occurrence ofthe price effect of the respective corporate action.
Adjustments to the INDEX to account for corporate actions will be made in compliance with the Equity Index
Methodology, which is available on the SOLACTIVE website: https://www.solactive.com/documents/equityindex-methodology/. This document contains for each corporate action a brief definition and specifies therelevant adjustment to the INDEX variables.
While SOLACTIVE aims at creating and maintaining its methodology for 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 INDEX over time.
SOLACTIVE considers following, but not conclusive, list of corporate actions as relevant for INDEX
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)
Nationalization of a company (effective control of a legal entity is taken over by a state)
Insolvency
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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 INDEX COMPONENTS. The determination of the INDEX may be limited or impaired at times of illiquid
or fragmented markets and market stress.

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INDEX GUIDELINE5.

MISCELLANEOUS

5.1. DISCRETION
Any discretion which may need to be exercised in relation to the determination of the INDEX (for example
the determination of the INDEX UNIVERSE (if applicable), the selection of the INDEX COMPONENTS (if applicable)or any other relevant decisions in relation to the INDEX) shall be made in accordance with strict rules
regarding the exercise of discretion or expert judgement.
For the INDEX, a SELECTION PARTY is used. The determinations of the INDEX UNIVERSE and the INDEX COMPONENTS
are subject to decisions of the SELECTION PARTY where the exercise of discretion is needed. The SELECTIONPARTY has confirmed, that such discretionary decision is performed in accordance with the specifications
established by the INDEX ADMINISTRATOR.

5.2. METHODOLOGY REVIEWThe methodology of the INDEX is subject to regular review, at least annually. In case a need of a change ofthe methodology has been identified within such review (e.g. if the underlying market or economic reality
has changed since the launch of the INDEX, 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 INDEX is contained in this GUIDELINE.

5.3. CHANGES IN CALCULATION METHOD
The application by the INDEX ADMINISTRATOR of the method described in this document is final and binding.
The INDEX ADMINISTRATOR shall apply the method described above for the composition and calculation of the
INDEX. 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 INDEX ADMINISTRATOR may also make changes
to the terms and conditions of the INDEX and the method applied to calculate the INDEX that it deems to benecessary and desirable in order to prevent obvious or demonstrable error or to remedy, correct or
supplement incorrect terms and conditions. The INDEX ADMINISTRATOR is not obliged to provide information
on any such modifications or changes. Despite the modifications and changes, the INDEX ADMINISTRATOR will

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take the appropriate steps to ensure a calculation method is applied that is consistent with the method
described above.

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 INDEX 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. INDEX COMMITTEE
An index committee composed of staff from SOLACTIVE and its subsidiaries (the “INDEX COMMITTEE”) is
responsible for decisions regarding any amendments to the rules of the INDEX. Any such amendment, which
may result in an amendment of the GUIDELINE, must be submitted to the INDEX COMMITTEE for prior approval
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 INDEX COMPONENT, the sum of DAILY VALUE TRADED
over the specified period divided by the number of TRADING DAYS that fall in the specified period.
“AVERAGE DAILY VOLUME TRADED” means, in respect of an INDEX COMPONENT, the sum of DAILY VOLUME TRADED
over the specified period divided by the number of TRADING DAYS that fall in the specified period.
“BENCHMARK” is a developed markets large and mid cap portfolio.
“BENCHMARK REGULATION” shall have the meaning as defined in Section “Introduction”.
“BMR” shall have the meaning as defined in Section “Introduction”.
“CALCULATION DAY” is every weekday from Monday to Friday.
“CARBON INTENSITY” on the SELECTION DAY is calculated as:
CARBON INTENSITY =

GHG
EVIC

“CLOSE OF BUSINESS” is the calculation time of the closing level of the INDEX as outlined in Section 1.4.
The “CLOSING PRICE” in respect of an INDEX 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 INDEXCOMPONENT, the last TRADING PRICE will be used.
“DAILY VALUE TRADED” means, in respect of an INDEX COMPONENT and a TRADING DAY, the product of (i) the
CLOSING PRICE of such INDEX COMPONENT and (ii) the volume traded (measured as a number of shares) of such
INDEX COMPONENT on the EXCHANGE during such TRADING DAY.
“DAILY VOLUME TRADED” means, in respect of an INDEX COMPONENT and a TRADING DAY, the volume traded(measured as a number of shares) of such INDEX COMPONENT on the EXCHANGE during such TRADING DAY.
“ELIGIBLE COUNTRY” is any of the following countries: Australia, Austria, Belgium, Canada, Denmark,Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway,
Portugal, Singapore, Spain, Sweden, Switzerland, United Kingdom, United States.
“ELIGIBLE EXCHANGE” is any of the following exchanges: New York Stock Exchange, NASDAQ, London Stock
Exchange, Tokyo Stock Exchange, Osaka Stock Exchange, Euronext Brussels, Euronext Paris, Xetra,
Euronext Irish Stock Exchange, Milan Stock Exchange (Borsa Italiana), Euronext Amsterdam, Madrid Stock
Exchange, Vienna Stock Exchange, Helsinki Stock Exchange, Euronext (Lisbon) Euronext Oslo Bors,
Stockholm Stock Exchange, SIX, Copenhagen Stock Exchange, Australian Stock Exchange, Hong Kong
Stock Exchange, Singapore Stock Exchange, Toronto Stock Exchange and New Zealand Stock Exchange.
“ELIGIBLE REBALANCE DAY” is each day that is a TRADING DAY at the New York Stock Exchange, NASDAQ,
London Stock Exchange, Tokyo Stock Exchange, Osaka Stock Exchange, Euronext Brussels, Euronext Paris,
Xetra, Euronext Irish Stock Exchange, Milan Stock Exchange (Borsa Italiana), Euronext Amsterdam, Madrid
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Stock Exchange, Vienna Stock Exchange, Helsinki Stock Exchange, Euronext (Lisbon) Euronext Oslo Bors,
Stockholm Stock Exchange, SIX, Copenhagen Stock Exchange, Australian Stock Exchange, Hong Kong
Stock Exchange, Singapore Stock Exchange, Toronto Stock Exchange and New Zealand Stock Exchange.
“EVIC” is the Enterprise Value including Cash in EUR as of the last fiscal year-end, on the respective
SELECTION DAY.
“EXCHANGE” is with respect to the INDEX and every INDEX COMPONENT, the respective exchange where the
INDEX COMPONENT has its listing as determined in accordance with the rules in Section 2.
The “FREE FLOAT” is with regard to each of the securities fulfilling the INDEX COMPONENT REQUIREMENTS on a
SELECTION DAY the share class-specific fraction of the total number of shares of such share class issued thatare available for trading by market participants and not locked-in by long term holders, as sourced fromdata vendors.
The “FREE FLOAT MARKET CAPITALIZATION” is with regard to each of the securities fulfilling the INDEXCOMPONENT REQUIREMENTS on a SELECTION DAY the share class-specific free float market capitalization. It is
calculated as the multiplication of the shares outstanding in FREE FLOAT (as sourced from data vendors)with the CLOSING PRICE of the share class as of the respective SELECTION DAY.
“GHG” are the Greenhouse Gas Emissions of a company as of the SELECTION DAY. According to the GHG
Protocol1, the GHG metric is calculated as the sum of Scope 1 and Scope 2 emissions. In particular:
Scope 1 emissions: All direct Greenhouse Gas Emissions;
Scope 2 emissions: Indirect Greenhouse Gas Emissions from consumption of purchased electricity,heat or steam;“GUIDELINE” shall have the meaning as defined in Section “Introduction”.
“INDEX” 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 INDEX.
“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 INDEX UNIVERSE REQUIREMENTS.
“LIVE DATE” shall have the meaning as defined in Section 1.3.
“INDEX COMMITTEE” shall have the meaning as defined in Section 5.5.

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See Greenhouse Gas Protocol at https://ghgprotocol.org/.
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INDEX GUIDELINE“REBALANCE DAY” is five CALCULATION DAYS after the SELECTION DAY. If that day is not an ELIGIBLE REBALANCE
DAY, the REBALANCE DAY will be the immediately following ELIGIBLE REBALANCE DAY.
“SELECTION DAY” is a CALCULATION DAY minimum one CALCULATION DAY after the previous REBALANCE DAY.
Every quarter there is one SELECTION DAY. Selection dates and frequency are determined by the SELECTIONPARTY.
“SELECTION PARTY” is Tecta Invest GmbH.
“SOLACTIVE” shall have the meaning as defined in Section “Introduction”.
“START DATE” shall have the meaning as defined in Section 1.3.
“SUSTAINABLE INVESTMENTS” with respect to Art. 2.17 of the SFDR are defined by the SELECTION PARTY as
securities that fulfill the following criteria:-

ESG rating of BB and higher-

Green or Amber company flag-

No involvement in controversial weapons-

Revenue from Thermal Coal below 1%-

No involvement in Tobacco Production-

Overall revenue from Tobacco below 5%-

Has approved Science Based Targets or at least 20% revenues from Sustainable Impact Solutions“TRADING DAY” is with respect to an INDEX COMPONENT included in the INDEX at the REBALANCE DAY and every
INDEX COMPONENT included in the INDEX 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
INDEX as new INDEX 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 INDEXADMINISTRATOR is ultimately responsible as to whether a certain day is a TRADING DAY.
“UNIVERSE SELECTION DAY” is the first Wednesday in January, April, June and October.
The “TRADING PRICE” in respect of an INDEX COMPONENT and a TRADING DAY is the most recent published priceat which the INDEX COMPONENT was traded on the respective EXCHANGE.
"WM / REFINITIV RATE" shall have the meaning as defined in Section 1.4.

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INDEX GUIDELINE7.

HISTORY OF INDEX CHANGES
VersionDate

1.0

31 July 2024

Description
Index Guideline creation (initial version)

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INDEX 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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