１． Criteria for Index Posting
Questions

Answers
Asset managers and other non-index providers may post information provided that they partner with an index

1-1

Can asset managers and other non-index providers post information?

vendor. If the poster is an asset manager, however, the index calculation/distribution department must becompletely segregated from the management department. Furthermore, should a posted index be selected for
passive management, the manager selected by GPIF may not necessarily be the same company as the poster.

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1-3

We are not currently partnering with an index provider. Can we post information now then look for

Non-index providers must partner with an index vendor and together meet the three criteria outlined in “1) Index

an index partner if/after the index is approved?

Posting System Summary.” before posting information to the system.

How many indexes can an individual company post?

Each company may post up to 10 indexes for equities and 10 indexes for fixed income (i.e. a total of 20 indexes).
Indexes posted during the Index Posting System trial phases are counted towards this limit.

２． Submission of Index PostingQuestions

Answers

2-1

I forgot my ID/Password – how can I get a new one?

Please e-mail index_posting@gpif.go.jp with the title “ID/Password Inquiry” to obtain a new ID/password.

2-2

How many IDs can we create?

IDs are limited to 1 per index provider.

2-3

When can we post information?

In general, information may be posted 24 hours a day.

2-4

Can we submit requested information in English?

Yes the poster may submit information in English. If possible, however, Japanese is preferred.

2-5

Can we submit information by e-mail?

2-6

When updating performance data, can we send only the portion of the data that has been updated?

The poster may choose to submit only the updated portion or the entire dataset.

2-7

Can we use simulated historical data in reporting index values, turnover, constituents, etc.?

Simulated data may be used to report historical information.

While GPIF accepted applications sent by e-mail during the trial phase, we are now only accepting information
submitted via the process described in “4. Posting (Registration) Process”.

Except for items where "may be submitted in a separate file" is indicated, we generally ask that posters enter
2-8

In the entry column, can we enter URLs linking to the relevant information on our website?

information directly into the relevant entry field. However, posters may also include URL links as reference
information for items where charts/graphs are required and/or direct data entry is not possible.

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How can we upload index information to the cloud storage site (https://www.index-posting.jp/)?

Please follow the steps in the Posting Manual.
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３． After the Submission
Questions
3-1

What happens after we post an index? Is there a deadline for posting?

3-2

Will information posted (methodology, backtesting data, etc.) be made public?

3-3

Can we request feedback from GPIF on our submission?

3-4

3-5

3-6

3-7Answers
The Index Posting System is a system where GPIF accepts index information on a continual basis for ad-hoc
reviews as the fund requires, and as such there is no predetermined timeline/deadline for index selection/posting.

Posted information will not be made public, however, index methodology and other information is generally
required to be disclosed if GPIF selects the index as a benchmark for passive management.

The GPIF will contact providers whose indices are being considered as benchmarks, and are unable to provide any
specific feedback on indices that are not currently under consideration.

Do we have to report any changes made to our corporate structure? Is there a deadline for making

Please report any material changes made to corporate structure at the index provider and/or ESG rating agency

such a report?

within one month of said change.

Do we have to update corporate financial information, consultation information and product lineupinformation? How often should we do so?

Please report updates to corporate financial information, consultation information and product lineup information
on at least a yearly basis. Ad-hoc updates may also be made as the provider sees fit. However, please immediately
report/provide updates on any index distribution/calculation quality issues.

For ESG ratings companies, can we/how often should we update changes made to coverage/client

Similar to corporate financial information, please update coverage/client information for ESG ratings companies

information?

at least on a yearly basis.

Will you notify us if our index is removed from the system due to a failure to update required
information, etc.?

GPIF will not send any notification if an index posting has been removed.

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Can we revise the methodology of posted indices?

Yes. Please send an e-mail to "index_posting@gpif.go.jp" in advance with the title "Methodology Update".

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Can we request to have a posting taken down?

Yes. Please send an e-mail to "index_posting@gpif.go.jp" with the title "Posting Deletion".

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４． Requested Information of Index PostingQuestionsAnswers
Securities such as bonds issued from entities in default and non-rated bonds (not including bonds where the issuer

4-1

Are there any constraints on the investment universe for environmental bond indices?

or credit guarantee company is rated)fall outside of GPIF's investment universe according to our investment

guidelines, and we therefore prefer that these are not included in any proposed environmental bond index.

4-2

What is the investment universe for the Environmental bond index? Do you limit the constituent

We do not limit the index constituent to corporate bonds. We will accept an index with corporate bonds, government

to corporate bonds?

bonds and supranational bonds, or index with limitation to government bonds or corporate bonds.

4-3

Can we post information on indices with no actual track record (i.e. newly created indices)?

4-4

Can we post an index that has previously been/is currently published?

4-5

Do we need to have an office in Japan in order to post an index?

4-6

Do we need to resubmit data posted during the trial phase?

Yes, we accept indices that currently have no actual track record. However, posters are required to have previously
developed some type of index that has been linked to assets under management in the past.

Yes, the poster may submit previously published indices. Please note, however, that only a limited number ofindices will be accepted from any one provider.

Yes, the poster may submit previously published indices. Please note, however, that only a limited number ofindices will be accepted from any one provider.

No, GPIF will continue to retain previously submitted data.

５． After Selection
Questions
5-1

5-2

If a posted index is selected for passive management, which asset manager will be in charge ofinvesting assets linked to the index?

Answers
GPIF's passive asset managers will be in charge of index-linked investments. Posters who would like to also
manage assets linked to the index must first register to the Manager Entry System and be selected by GPIF as apassive asset manager.

If a posted index be selected for passive management, will index license fees by paid by asset
managers or GPIF?

Index fees will be paid either by asset managers or GPIF.

６． ContactQuestions

Answers

6-1

What is the contact for inquiries?

Please send an e-mail to "index_posting@gpif.go.jp" with the title "Inquiry".

6-2

What is the contact for system problems?

Please send an e-mail to "index_posting@gpif.go.jp" with the title "System Inquiry".
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