I NDEX G UIDELINE
SOLACTIVE ISS ESG SCREENED INDEX SERIES

Version 1.9
12 October 2023

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 ..................................................................................................................................................................................... 8

1.4.

Prices and calculation frequency ................................................................................................................................................................... 9

1.5.

Licensing.................................................................................................................................................................................................................. 92.

Index Selection .......................................................................................................................................................................................................... 10
2.1.

Index Universe Requirements......................................................................................................................................................................... 10

2.2.

Selection of the Index Components ..............................................................................................................................................................14

2.3.

Weighting of the Index Components .............................................................................................................................................................16

3.

Rebalance .................................................................................................................................................................................................................... 17
3.1.

Ordinary Rebalance ............................................................................................................................................................................................ 17

3.2.

Extraordinary Rebalance .................................................................................................................................................................................. 17

4.

Calculation of the Index ..........................................................................................................................................................................................18
4.1.

Index formula ........................................................................................................................................................................................................18

4.2.

Accuracy .................................................................................................................................................................................................................18

4.3. Adjustments ..........................................................................................................................................................................................................18
4.4. Corporate actions ................................................................................................................................................................................................19
4.5. Recalculation ....................................................................................................................................................................................................... 20
4.6. Market Disruption ............................................................................................................................................................................................... 20
5.

Miscellaneous ............................................................................................................................................................................................................. 21
5.1.

Discretion ............................................................................................................................................................................................................... 21

5.2.

Methodology Review........................................................................................................................................................................................... 21

5.3. Changes in calculation method ...................................................................................................................................................................... 21
5.4. Termination .......................................................................................................................................................................................................... 22
5.5.
6.

Oversight ............................................................................................................................................................................................................... 22

Definitions ................................................................................................................................................................................................................... 23

Contact ..................................................................................................................................................................................................................................... 27

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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 ISS ESG SCREENED INDEX SERIES (the “INDEX”). Any amendments to the rules
made to the GUIDELINE are approved by the OVERSIGHT COMMITTEE specified in Section 5.5. The INDEX is owned,
calculated, administered and published by Solactive AG (“SOLACTIVE”) assuming the role as administrator(the “INDEX ADMINISTRATOR”) 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 ISS ESG Screened Index Series aims to track various
size and regional segments of the global stock market including
only companies operating in accordance with market standards on
ESG controversy screens. Those standards are based on
established norms such as the United Nations Global Compact
and the exclusion of significant involvement in defined sectors.
The Indices aim to cover current and future regulation on ESG
investments and also include a focus on issues related to climatechange.
Global Markets
Quarterly

1.2. IDENTIFIERS AND PUBLICATIONThe INDEX is published under the following identifiers:
Name
Solactive ISS ESG Screened
Europe Index PR
Solactive ISS ESG Screened
Europe Index NTR
Solactive ISS ESG Screened
Europe Index TR
Solactive ISS ESG Screened
Japan Index PR
Solactive ISS ESG Screened
Japan Index NTR
Solactive ISS ESG Screened
Japan Index TR

ISIN

Currency

Type

RIC

BBG ticker

DE000SLA6Z99

EUR

PR*

.SESGEUP-

DE000SLA60A8

EUR

NTR*

.SESGEUNSESGEUN

DE000SLA60B6

EUR

GTR*

.SESGEUT-

DE000SLA60C4

EUR

PR*

.SESGJPP-

DE000SLA60D2

EUR

NTR*

.SESGJPNSESGJPN

DE000SLA60E0

EUR

GTR*

.SESGJPT-

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Solactive ISS ESG Screened
USA Index PR
Solactive ISS ESG Screened
USA Index NTR
Solactive ISS ESG Screened
USA Index TR
Solactive ISS ESG Screened
USA Small Cap Index PR
Solactive ISS ESG Screened
USA Small Cap Index NTR
Solactive ISS ESG Screened
USA Small Cap Index TR
Solactive ISS ESG Screened
Developed Markets Index PR
Solactive ISS ESG Screened
Developed Markets Index NTR
Solactive ISS ESG Screened
Developed Markets Index TR
Solactive ISS ESG Screened
Developed Markets Small Cap
Index PR
Solactive ISS ESG Screened
Developed Markets Small Cap
Index NTR
Solactive ISS ESG Screened
Developed Markets Small Cap
Index TR
Solactive ISS ESG Screened
Emerging Markets Index PR
Solactive ISS ESG Screened
Emerging Markets Index NTR
Solactive ISS ESG Screened
Emerging Markets Index TR
Solactive ISS ESG Screened
Global Markets Index PR
Solactive ISS ESG Screened
Global Markets Index NTR
Solactive ISS ESG Screened
Global Markets Index TR

DE000SLA60F7

EUR

PR*

.SESGUSP-

DE000SLA60G5

EUR

NTR*

.SESGUSNSESGUSN

DE000SLA60H3

EUR

GTR*

.SESGUST-

DE000SLA60J9

EUR

PR*

.SESGUSSP-

DE000SLA60K7

EUR

NTR*

.SESGUSSNSESGUSSN

DE000SLA60L5

EUR

GTR*

.SESGUSST-

DE000SLA60M3

EUR

PR*

.SESGDMP-

DE000SLA60N1

EUR

NTR*

.SESGDMNSESGDMN

DE000SLA60P6

EUR

GTR*

.SESGDMT-

DE000SLA60Q4

EUR

PR*

.SESGDMSP -DE000SLA60R2

EUR

NTR*

.SESGDMSN SESGDMSN

DE000SLA60S0

EUR

GTR*

.SESGDMST -DE000SLA7XD4

EUR

PR*

.SESGEMP-

DE000SLA7XE2

EUR

NTR*

.SESGEMNSESGEMN

DE000SLA7XF9

EUR

GTR*

.SESGEMT-

DE000SLA7XG7

EUR

PR*

.SESGGMP-

DE000SLA7XH5

EUR

NTR*

.SESGGMNSESGGMN

DE000SLA7XJ1

EUR

GTR*

.SESGGMT

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Solactive ISS ESG Screened
GM Asia ex Japan Index PR
Solactive ISS ESG Screened
GM Asia ex Japan Index NTR
Solactive ISS ESG Screened
GM Asia ex Japan Index TR
Solactive ISS ESG Screened
Brazil Small & Mid Cap Index
PR
Solactive ISS ESG Screened
Brazil Small & Mid Cap Index
NTR
Solactive ISS ESG Screened
Brazil Small & Mid Cap Index
TR
Solactive ISS ESG Screened
EM EMEA Index PR
Solactive ISS ESG Screened
EM EMEA Index NTR
Solactive ISS ESG Screened
EM EMEA Index TR
Solactive ISS ESG Screened
Golden Dragon Index PR
Solactive ISS ESG Screened
Golden Dragon Index NTR
Solactive ISS ESG Screened
Golden Dragon Index TR
Solactive ISS ESG Screened
DM Health Care Index PR
Solactive ISS ESG Screened
DM Health Care Index NTR
Solactive ISS ESG Screened
DM Health Care Index TR
Solactive ISS ESG Screened
Latin America Large Mid &Small Cap Index PR
Solactive ISS ESG Screened
Latin America Large Mid &Small Cap Index NTR

DE000SLA7Y08

EUR

PR*

.SESGAJP-

DE000SLA7Y16

EUR

NTR*

.SESGAJN-

DE000SLA7Y24

EUR

GTR*

.SESGAJT-

DE000SLA7Y65

EUR

PR*

.SESGBRP-

DE000SLA7Y73

EUR

NTR*

.SESGBRN-

DE000SLA7Y81

EUR

GTR*

.SESGBRT-

DE000SLA7ZC1

EUR

PR*

.SESGEAP-

DE000SLA7ZD9

EUR

NTR*

.SESGEAN-

DE000SLA7ZE7

EUR

GTR*

.SESGEAT-

DE000SLA7ZJ6

EUR

PR*

.SESGGDP-

DE000SLA7ZK4

EUR

NTR*

.SESGGDN-

DE000SLA7ZL2

EUR

GTR*

.SESGGDT-

DE000SLA7ZQ1

EUR

PR*

.SESGHCP-

DE000SLA7ZR9

EUR

NTR*

.SESGHCN-

DE000SLA7ZS7

EUR

GTR*

.SESGHCT-

DE000SLA7ZW9

EUR

PR*

.SESGLAP-

DE000SLA7ZX7

EUR

NTR*

.SESGLAN-

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Solactive ISS ESG Screened
Latin America Large Mid &Small Cap Index TR
Solactive ISS ESG Screened
Europe Small Cap Index PR
Solactive ISS ESG Screened
Europe Small Cap Index NTR
Solactive ISS ESG Screened
Europe Small Cap Index TR
Solactive ISS ESG Screened
Brazil Large & Mid Cap Index
PR
Solactive ISS ESG Screened
Brazil Large & Mid Cap Index
NTR
Solactive ISS ESG Screened
Brazil Large & Mid Cap Index
TR
Solactive ISS ESG Screened
Brazil Small Cap Index PR
Solactive ISS ESG Screened
Brazil Small Cap Index NTR
Solactive ISS ESG Screened
Brazil Small Cap Index TR
Solactive ISS ESG Screened
DM Technology 5% Cap Index
PR
Solactive ISS ESG Screened
DM Technology 5% Cap Index
NTR
Solactive ISS ESG Screened
DM Technology 5% Cap Index
TR
Solactive ISS ESG ex Japan
Small Cap Index PR
Solactive ISS ESG Asia ex
Japan Small Cap Index NTR
Solactive ISS ESG Asia ex
Japan Small Cap Index TR

DE000SLA7ZY5

EUR

GTR*

.SESGLAT-

DE000SL0AU40

EUR

PR*

.SESGEUSP-

DE000SL0AU57

EUR

NTR*

.SESGEUSNSESGEUSN

DE000SL0AU65

EUR

GTR*

.SESGEUST-

DE000SL0B3G3

EUR

PR*

.SESGBRLP-

DE000SL0B3H1

EUR

NTR*

.SESGBRLN-

DE000SL0B3J7

EUR

GTR*

.SESGBRLT-

DE000SL0B3K5

EUR

PR*

.SESGBRSP-

DE000SL0B3L3

EUR

NTR*

.SESGBRSN-

DE000SL0B3M1

EUR

GTR*

.SESGBRST-

DE000SL0GYA1

EUR

PR*

.SESGTECP

DE000SL0GYB9

EUR

NTR*

.SESGTECN

DE000SL0GYC7

EUR

GTR*

.SESGTECT

DE000SL0K0W5

EUR

PR*

.SESGAJSP

DE000SL0K0X3

EUR

NTR*

.SESGAJSN

DE000SL0K0Y1

EUR

GTR*

.SESGAJSTSESGTECN

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INDEX GUIDELINE*PR, NTR, GTR means that the Index is calculated as PR*, NTR*, 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.
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 START DATE, is 1000. Historical values from the LIVE DATE will be recordedin accordance with Article 8 of the BMR. The START DATE and the LIVE DATE of the Index is indicated in thetable below:
Index

LIVE DATESTART DATESolactive ISS ESG Screened Europe Index
Solactive ISS ESG Screened Japan Index
Solactive ISS ESG Screened USA Index
Solactive ISS ESG Screened USA Small Cap Index
Solactive ISS ESG Screened Developed Markets Index
Solactive ISS ESG Screened Developed Markets Small Cap
Index
Solactive ISS ESG Screened Emerging Markets Index
Solactive ISS ESG Screened Global Markets Index
Solactive ISS ESG Screened GM Asia ex Japan Index
Solactive ISS ESG Screened EM EMEA Index
Solactive ISS ESG Screened Golden Dragon Index
Solactive ISS ESG Screened Latin America Large Mid & Small
Cap Index
Solactive ISS ESG Screened DM Health Care Index
Solactive ISS ESG Screened Brazil Small & Mid Cap Index
Solactive ISS ESG Screened Europe Small Cap Index
Solactive ISS ESG Screened Brazil Large & Mid Cap Index

21 January 201921 January 201921 January 201921 January 201921 January 201931 December 201831 December 201831 December 201831 December 201831 December 201831 December 2018

Solactive ISS ESG Screened Brazil Small Cap Index
Solactive ISS ESG Screened DM Technology 5% Cap Index

21 January 201925 March 201925 March 201924 April 201924 April 201924 April 201925 April 201925 April 201915 May 201915 May 2020
29 December
2020
29 December
2020
04 November
2022

31 December 201831 December 201831 December 201831 December 201831 December 201831 December 201831 December 201831 December 201831 December 201831 December 201831 December 201831 December 20188

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INDEX GUIDELINE

Solactive ISS ESG Asia ex Japan Small Cap Index

16 October 2023

05 February 2020

Levels of the INDEX published for a period prior to the LIVE DATE have been back-tested.

1.4. PRICES AND CALCULATION FREQUENCY
The level of the INDEX is calculated on each CALCULATION DAY from 9:00 a.m. to 10:30 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 WM Fixing quoted by Reuters. If there
is no 04:00 p.m. London time WM Fixing for the relevant CALCULATION DAY, the last available 04:00 p.m.
London time WM Fixing will be used for the closing level calculation.

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 INDEX ADMINISTRATOR will revise the composition of the INDEX.
In a first step, the INDEX ADMINISTRATOR determines the INDEX UNIVERSE in accordance with Section 2.1. The
INDEX UNIVERSE 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“):Index

Index Universe

Solactive ISS ESG Screened Europe Component of the GBS INDEX UNIVERSE of the Solactive GBS
IndexDeveloped Markets Europe Large & Mid Cap USD Index PR(ISIN: DE000SLA4FY4), on a SELECTION DAY, as published on
the Solactive website: https://www.solactive.com.
Solactive ISS ESG Screened Japan Component of the GBS INDEX UNIVERSE of the Solactive GBS
Index
Japan Large & Mid Cap USD Index PR (ISIN:
DE000SLA4M21), on a SELECTION DAY, as published on the
Solactive website: https://www.solactive.com.
Solactive ISS ESG Screened USA Component of the GBS INDEX UNIVERSE of the Solactive GBS
Index
United States Large & Mid Cap USD Index PR (ISIN:
DE000SLA4YB3), on a SELECTION DAY, as published on the
Solactive website: https://www.solactive.com.
Solactive ISS ESG Screened USA Component of the GBS INDEX UNIVERSE of the Solactive GBS
Small Cap Index
United States Small Cap USD Index PR (ISIN:
DE000SLA4YP3), on a SELECTION DAY, as published on the
Solactive website: https://www.solactive.com.
Solactive ISS ESG Screened Component of the GBS INDEX UNIVERSE of the Solactive GBS
Developed Markets Index
Developed Markets Large & Mid Cap USD Index PR (ISIN:
DE000SLA41B6), on a SELECTION DAY, as published on the
Solactive website: https://www.solactive.com.
Solactive ISS ESG Screened Component of the GBS INDEX UNIVERSE of the Solactive GBS
Developed Markets Small Cap Index Developed Markets Small Cap USD Index PR (ISIN:
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Solactive ISS ESG
Emerging Markets Index

Screened

Solactive ISS ESG Screened Global
Markets Index

Solactive ISS ESG Screened GM Asia
ex Japan Index

Solactive ISS ESG Screened Brazil
Small & Mid Cap Index

DE000SLA41H3), on a SELECTION DAY, as published on the
Solactive website: https://www.solactive.com.
Component of the GBS INDEX UNIVERSE of the Solactive GBS
Emerging Markets Large & Mid Cap USD Index PR (ISIN:
DE000SLA75V2), on a SELECTION DAY, as published on the
Solactive website: https://www.solactive.com.
Component of the GBS INDEX UNIVERSE of the Solactive GBS
Global Markets Large & Mid Cap USD Index PR (ISIN:
DE000SLA7729), on a SELECTION DAY, as published on the
Solactive website: https://www.solactive.com.
Component of the GBS INDEX UNIVERSE of the:Solactive GBS Hong Kong Large & Mid Cap USD Index
PR (ISIN: DE000SLA4H51)
Solactive GBS China Large & Mid Cap USD Index PR(ISIN: DE000SLA4WM4)Solactive GBS Taiwan Large & Mid Cap USD Index PR(ISIN: DE000SLA80J7)
Solactive GBS South Korea Large & Mid Cap USD
Index PR (ISIN: DE000SLA86P1 )Solactive GBS Singapore Large & Mid Cap Index PR(ISIN: DE000SLA4SS9 )Solactive GBS Malaysia Large & Mid Cap USD Index
PR (ISIN: DE000SLA85G2)
Solactive GBS Thailand Large & Mid Cap USD Index
PR (ISIN: DE000SLA8ZX5)Solactive GBS Indonesia Large & Mid Cap USD Index
PR (ISIN: DE000SLA87G8)
Solactive GBS India Large & Mid Cap USD Index PR(ISIN: DE000SLA88B7)
Solactive GBS Philippines Large & Mid Cap USD Index
PR (ISIN: DE000SLA83M5)
on a SELECTION DAY, as published on the Solactive
website: https://www.solactive.com.
1. Component of the GBS INDEX UNIVERSE of the:Solactive GBS Brazil All Cap USD Index PR (ISIN:
DE000SLA4T08)
on a SELECTION DAY, as published on the Solactive
website: https://www.solactive.com.
2. GBS SIZE BUCKET CLASSIFICATION:
Small Cap
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Solactive ISS ESG Screened EM
EMEA Index

Solactive ISS ESG Screened Golden
Dragon Index

Solactive ISS ESG Screened Latin
America Large Mid & Small Cap
Index

Mid Cap
Component of the GBS Index Universe of the:Solactive GBS Emerging Markets Large & Mid Cap
USD Index PR (ISIN: DE000SLA75V2)
on a SELECTION DAY, as published on the Solactive website:
https://www.solactive.com
and assigned to an EMEA country, based on the GBS country
classification and as defined in the Appendix.
Component of the GBS INDEX UNIVERSE of the:Solactive GBS Hong Kong Large & Mid Cap USD
Index PR (ISIN: DE000SLA4H51)
Solactive GBS China Large & Mid Cap USD Index PR(ISIN: DE000SLA4WM4)Solactive GBS Taiwan Large & Mid Cap USD Index
PR (ISIN: DE000SLA80J7)
on a SELECTION DAY, as published on the Solactive website:
https://www.solactive.com.
Component of the GBS INDEX UNIVERSE of the:Solactive GBS Argentina Large & Mid Cap USD Index
PR (ISIN: DE000SLA8YP4)Solactive GBS Brazil Large & Mid Cap USD Index PR(ISIN: DE000SLA4RZ6)Solactive GBS Chile Large & Mid Cap USD Index PR(ISIN: DE000SLA4UG0)
Solactive GBS Peru Large & Mid Cap USD Index PR(ISIN: DE000SLA8388)
Solactive GBS Colombia Large & Mid Cap USD Index
PR (ISIN: DE000SLA4YN8)Solactive GBS Mexico Large & Mid Cap USD Index PR(ISIN: DE000SLA85S7)
Solactive GBS Argentina Small Cap USD Index PR(ISIN: DE000SLA8YE8)Solactive GBS Brazil Small Cap USD Index PR (ISIN:
DE000SLA4S74)
Solactive GBS Chile Small Cap USD Index PR (ISIN:
DE000SLA4VF0)
Solactive GBS Peru Small Cap USD Index PR
Solactive GBS Colombia Small Cap USD Index PR(ISIN: DE000SLA8974)
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Solactive ISS ESG Screened DM
Health Care Index

Solactive ISS ESG Screened Europe
Small Cap Index

Solactive ISS ESG Screened Brazil
Large & Mid Cap Index

Solactive ISS ESG Screened Brazil
Small Cap Index

Solactive ISS ESG Screened DM
Technology 5% Cap Index

Solactive GBS Mexico Small Cap USD Index PR (ISIN:
DE000SLA84L5)
on a SELECTION DAY, as published on the Solactive website:
https://www.solactive.com.
1. Component of the GBS INDEX UNIVERSE of the:Solactive GBS Developed Markets Large & Mid Cap
USD Index PR (ISIN: DE000SLA41B6)
on a SELECTION DAY, as published on the Solactive
website: https://www.solactive.com.
2. Classified in one of the following FactSet Industries:
Managed Health Care, Hospital/Nursing Management,
Medical/Nursing Services, Services to the HealthIndustry, Pharmaceuticals: Major, Pharmaceuticals:
Other, Pharmaceuticals: Generic, Biotechnology,
Medical Specialties, Drugstore Chains, Medical
Distributors
Component of the GBS INDEX UNIVERSE of the Solactive
GBS Developed Markets Europe Small Cap USD Index PR(ISIN: DE000SLA4GG9), on a SELECTION DAY, as publishedon the Solactive website: https://www.solactive.com.
Component of the GBS INDEX UNIVERSE of the Solactive
GBS Brazil Large & Mid Cap Index PR (ISIN:
DE000SLA4RW3), on a SELECTION DAY, as published on
the Solactive website: https://www.solactive.com.
Component of the GBS INDEX UNIVERSE of the Solactive
GBS Brazil Small Cap Index PR (ISIN: DE000SLA4SR1), ona SELECTION DAY, as published on the Solactive website:
https://www.solactive.com.
1. Component of the GBS INDEX UNIVERSE of the:Solactive GBS Developed Markets Large & Mid Cap
USD Index PR (ISIN: DE000SLA41B6)
on a SELECTION DAY, as published on the Solactive
website: https://www.solactive.com.
2. Classified in one of the following FactSet Industries:
Information
Technology
Services,
Major
Telecommunications, Specialty Telecommunications,
Wireless Telecommunications, Internet Retail, Internet
Software/Services, Telecommunications Equipment,
Packaged Software, Data Processing Services, Media
Conglomerates, Broadcasting, Cable/Satellite TV,
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Solactive ISS ESG Asia ex Japan
Small Cap Index

Movies/Entertainment, Semiconductors, Electronic
Components, Electronic Equipment/Instruments,
ComputerProcessing
Hardware,
Computer
Peripherals, Computer Communications, Electronic
Production Equipment, Miscellaneous Commercial
Services
3. Component of the GBS INDEX UNIVERSE of the:Solactive GBS Global Markets Small Cap Index PR(ISIN: DE000SLA7786)
on a SELECTION DAY, as published on the Solactive
website: https://www.solactive.com.
4. GBS COUNTRY CLASSIFICATION:▪ Hong Kong
▪ China▪ Taiwan▪ South Korea▪ Singapore▪ Malaysia▪ Thailand▪ Indonesia▪ India▪ Philippines

The determination of the INDEX UNIVERSE is fully rule-based and the INDEX ADMINISTRATOR 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 SELECTION DAY in accordance with the following rules (the “INDEXCOMPONENT REQUIREMENTS“):
SOLACTIVE evaluates all companies in the respective INDEX UNIVERSE based on the criteria outlined in thetable below. The evaluation is based on data provided by ISS ESG:
Theme
Norm-Based Research

Exclusion criterion
Environment
Human Rights
Corruption
Labour Rights

Verified ongoing failure to respectestablished norms
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Controversial Weapons
Research

Companies incorporated incountries identified with highsocial risk
Chemical weapons
Biological weapons
Nuclear weapons
Depleted Uranium
Nuclear weapons outside the
NPT
Cluster munitions
Anti-personnel mines

More than 50% ownership by the state
Alleged failure to respect establishednorms

Verified ongoing involvement

50% Services <OR> 5% Production <OR>
5% Distribution <OR> 5% Exploration
Oil sands
0% Production <OR> 0% Exploration
50% Services <OR> 5% Production <OR>
Military
5% Distribution
Pornography
5% overall <OR> 0% Production
Sector-Based
50% Services <OR> 0% Production
TobaccoScreening<OR> 5% Distribution
50% Services <OR> 5% Production <OR>
Gambling
5% Distribution
50% Services <OR> 5% Production <OR>
Alcohol
5% Distribution
50% Services <OR> 5% Production <OR>
Cannabis
5% Distribution
Explanation: % figures refer to revenue threshold (for degree of involvement) above which criterion isbreached; High social risk countries will be updated annually based on new information. This is aimed
at incorporating risks associated with a repressive state violating fundamental civil rights via its
controlled entities
Fossil Fuel

All companies violating any of the exclusion criteria above are excluded. All companies for which anevaluation of these exclusion criteria is not possible due to insufficient and/or missing information or data
are excluded.
The remaining companies constitute the respective INDEX.
The selection of the INDEX COMPONENTS is fully rule-based and the INDEX ADMINISTRATOR cannot make any
discretionary decision.

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2.3. WEIGHTING OF THE INDEX COMPONENTS
On each SELECTION DAY each INDEX COMPONENT is assigned a weight according to FREE FLOAT MARKET
CAPITALIZATION.
Individual INDEX COMPONENT weights of indices in the table below are capped at the thresholds described
below on each SELECTION DAY. The excess weight is distributed pro rata across the whole index in an iterative
manner.
Index

Weight Cap

Solactive ISS ESG Screened DM Technology 5% Cap Index

5%

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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 shares as determined on the FIXING DAY based on the weights
calculated 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/
SOLACTIVE will publish any changes made to the INDEX 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
In addition to the ordinary rebalance, the INDEX is also rebalanced extraordinarily. These adjustments takeplace outside the rebalancing schedule and follow different rules than the ordinary rebalances. The
extraordinary rebalance is triggered by the mechanism described below:
An extraordinary removal of an INDEX COMPONENT takes place if such INDEX COMPONENT breaches one of thecriteria in the Category “Norm-based Research” as outlined in Section 2.2. SOLACTIVE will carry out such
removal after the close on the last CALCULATION DAY of the month if it is informed by the DATA PROVIDER about
the breach at least ten CALCULATION DAYS before the last CALCULATION Day of the month. If such information
is delivered later than that, the removal of the INDEX COMPONENT will take place on the last CALCULATION DAY
of the subsequent month. In any of these cases, the weight of the INDEX COMPONENT in question will be
distributed pro-rata across all other existing INDEX COMPONENTS.

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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, 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 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 across the entire basket of INDEX 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.

4.2. ACCURACY
The level of the INDEX 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 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.

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 willtake 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 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. 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 INDEX. 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“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.
“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.
“DATA PROVIDER” is ISS. For more information, please visit: https://www.issgovernance.com/“ELIGIBLE REBALANCE DAY” is each day that is a TRADING DAY at the New York Stock Exchange, the London
Stock Exchange, the EUREX Exchange and the Tokyo Stock Exchange.
“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.
“FIXING DAY” is the SELECTION DAY.
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 issuedthat are available for trading by market participants and not locked-in by long term holders, as sourced
from data vendors.
The “FREE FLOAT MARKET CAPITALIZATION” is with regard to each of the securities fulfilling the Index
Component 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.
“GBS INDEX UNIVERSE” is the INDEX UNIVERSE as defined in the guideline of the SOLACTIVE Global Benchmark
Series: https://solactive.com/downloads/Guideline-Solactive-GBS-Benchmark-Series.pdf.
“GBS COUNTRY CLASSIFICATION” is the assigned country of a security as defined in:
https://www.solactive.com/wp-content/uploads/2022/12/Solactive-Country-Classification-Frameworkv1.2_2022.pdf“GBS SIZE BUCKET CLASSIFICATION” is the assigned size bucket of a security as defined in
https://solactive.com/downloads/Guideline-Solactive-GBS-Benchmark-Series.pdf“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”.
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INDEX GUIDELINE“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.
“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 immediately following ELIGIBLE REBALANCE DAY.
“SELECTION DAY” is 20 CALCULATION DAYS before the REBALANCE DAY.
“SOLACTIVE” shall have the meaning as defined in Section “Introduction”.
“START DATE” shall have the meaning as defined in Section 1.3.
The “TOTAL MARKET CAPITALIZATION” is with regard to each of the securities in the INDEX on a SELECTION DAY
the sum of all SHARE CLASS MARKET CAPITALIZATIONs of a company.
“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.
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.

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INDEX GUIDELINEAPPENDIX
List of EMEA Countries:

Albania

CyprusGuernsey

Algeria

Czech Republic

GuineaAndorra

Democratic Republic of the Congo Guinea-Bissau

AngolaDenmark

Hungary

Austria

Djibouti

IcelandBahrain

Egypt

Iran

BelarusEquatorial Guinea

Iraq

Belgium

Eritrea

IrelandBenin

Estonia

Isle Of Man

Bosnia and Herzegovina

Ethiopia

IsraelBotswana

Faroe Islands

Italy

Bulgaria

FinlandIvory Coast

Burkina Faso

FranceJerseyBurundiGabon

JordanCameroon

GambiaKenya

Cape Verde

Georgia

KuwaitCentral African Republic

Germany

Latvia

Chad

Ghana

LebanonComoros

Gibraltar

LesothoCroatia

GreeceLiberia
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Libya

NorwaySweden

Liechtenstein

Oman

Switzerland

Lithuania

Palestine

Syria

Luxembourg

PolandTanzania

Macedonia

Portugal

Togo

Madagascar

Qatar

Tunisia

MalawiRomania

TurkeyMali

RwandaUgandaMalta

San Marino

Ukraine

Mauritania

Sao Tome & Principe

United Arab Emirates

Mauritius

Saudi Arabia

United Kingdom

Moldova

Senegal

Vatican City

MonacoSerbiaWestern SaharaMontenegro

Slovakia

Yemen

MoroccoSlovenia

ZambiaMozambiqueSomalia

Zimbabwe

NamibiaSouth Africa

Netherlands

Spain

Niger

Sudan

Nigeria

Swaziland

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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
https://www.solactive.com© Solactive AG
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