GICS NOTICEMSCI AND S&P DOW JONES INDICES ANNOUNCE GICS
SUB-INDUSTRY DEFINITIONS ENHANCED FOR GREATER
CLARITY
NEW YORK, AUGUST 1, 2024 - MSCI Inc. (MSCI), a leading provider of critical decision support
tools and services for the global investment community and S&P Dow Jones Indices (“S&P DJI”),
a leading provider of financial market indices, announced today expanded definitions for selectGlobal Industry Classification Standard (GICS®) Sub-Industries. The expanded definitions areintended to enhance the clarity of current Sub-Industry definitions. These updates in GICS SubIndustry definitions will not result in any changes in existing company level GICS.
This review and update has been conducted by MSCI and S&P DJI to provide additional clarity
to the GICS structure and definitions to ensure that the structure continues to appropriately
represent the global equity markets and, thereby, enable asset owners, asset managers andinvestment research specialists to make consistent global comparisons by industry.
The GICS structure in various languages will be made available shortly on our respective
websites.
For further information please visit MSCI’s web site at www.msci.com/gics and S&P Dow Jones
Indices’ web site at https://www.spglobal.com/spdji/en/.

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GICS NOTICEABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data andresearch, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones
Industrial Average®. More assets are invested in products based on our indices than products based on
indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI
has been innovating and developing indices across the spectrum of asset classes that have helped define
the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence
for individuals, companies, and governments to make decisions with confidence. For more information, visit
www.spglobal.com/spdji.
For more information:
S&P Dow Jones Indices:
Index_services@spglobal.com
Media Inquiries:
spdji.comms@spglobal.com
ABOUT MSCIMSCI is a leading provider of critical decision support tools and services for the global investmentcommunity. With over 50 years of expertise in research, data and technology, we power better investment
decisions by enabling clients to understand and analyze key drivers of risk and return and confidently
build more effective portfolios. We create industry-leading research-enhanced solutions that clients use togain insight into and improve transparency across the investment process. To learn more, please visit
www.msci.com.
Media Inquiries
PR@msci.com
Melanie Blanco +1 212 981 1049
Konstantinos Makrygiannis +44 77 6893 0056
Tina Tan +852 2844 9320
MSCI Global Client Service
EMEA Client Service + 44 20 7618 2222
Americas Client Service +1 888 588 4567
Asia Pacific Client Service + 852 2844 9333

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GICS NOTICENOTICE AND DISCLAIMER
This document has been prepared by MSCI and S&P Dow Jones Indices LLC and its affiliates (“S&P Dow
Jones Indices”) solely for informational purposes. All of the information contained herein, including without
limitation all text, data, graphs, charts (collectively, the “Information”) is the property of MSCI, S&P Dow
Jones Indices, or their respective affiliates. The Information may not be reproduced or redisseminated inwhole or in part without prior written permission from MSCI and S&P Dow Jones Indices.
The Information may not be used to create derivative works or to verify or correct other data or information.
For example (but without limitation), the Information may not be used to create indices, databases, risk
models, analytics, software, or in connection with the issuing, offering, sponsoring, managing or marketingof any securities, portfolios, financial products or other investment vehicles utilizing or based on, linked to,
tracking or otherwise derived from the Information.
The user of the Information assumes the entire risk of any use it may make or permit to be made of theInformation. NEITHER MSCI, S&P DOW JONES INDICES, S&P, NOR ANY OF THEIR RESPECTIVE
AFFILIATES MAKES ANY EXPRESS OR IMPLIED WARRANTIES OR REPRESENTATIONS WITHRESPECT TO THE INFORMATION (OR THE RESULTS TO BE OBTAINED BY THE USE THEREOF).
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, MSCI, S&P DOW JONES INDICES,S&P AND THEIR RESPECTIVE AFFILIATES EXPRESSLY DISCLAIM ALL IMPLIED WARRANTIES(INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OF ORIGINALITY, ACCURACY,TIMELINESS, NON-INFRINGEMENT, COMPLETENESS, MERCHANTABILITY AND FITNESS FOR APARTICULAR PURPOSE) WITH RESPECT TO ANY OF THE INFORMATION.
Without limiting any of the foregoing and to the maximum extent permitted by applicable law, in no event
shall MSCI, S&P Dow Jones Indices, S&P or any of their respective affiliates have any liability regarding
any of the Information for any direct, indirect, special, punitive, consequential (including lost profits) or any
other damages even if notified of the possibility of such damages.
Information containing any historical information, data or analysis should not be taken as an indication orguarantee of any future performance, analysis, forecast or prediction. Past performance does not guarantee
future results.
None of the Information constitutes an offer to sell (or a solicitation of an offer to buy), any security, financial
product or other investment vehicle.
The Information does not, and is not intended to, recommend, endorse, approve or otherwise expresses
any opinion regarding any issuer, security, financial product or trading strategy and none of the Information
is intended to constitute investment advice or a recommendation to make (or refrain from making) any kindof investment decision and may not be relied on as such.

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