Bloomberg
Index Services
LimitedBenchmark Statement for
Bloomberg Composite Gold Index andunderlying Bloomberg Gold Tracker Index

Bloomberg Index Services Limited

A Bloomberg Professional Services offering

This benchmark statement (this “Statement”) is provided by Bloomberg Index Services Limited (“BISL” and, with its affiliates,“Bloomberg”) as the administrator of the Bloomberg Composite Gold Index and underlying Bloomberg Gold Tracker Total
Return Index (collectively, the “Indices” and each, an “Index”) and is intended to meet the requirements of the European
Union’s regulation on indices used as benchmarks in financial instruments and financial contracts or to measure theperformance of investment funds (Regulation (EU) 2016/1011 of the European Parliament and of the Council of 8 June 2016,
herein the “EU BMR”), including the regulatory technical standards (“RTS”) promulgated thereunder, as and to the extent
the EU BMR and related RTS were “on-shored” in the UK from 1 January 2021 (the “BMR”).
Requirement [Regulatory
Reference](1)

Benchmark Family Information

General disclosure
requirements

The benchmark statement
shall state:

Date of publication:
June 2024(a) the date of publicationof the statement and,
where applicable, thedate of its last update;

Date of last update:June 2024(b) where available, theinternational securities
identification number(ISIN) of the benchmark or
benchmarks; alternatively,
for a family ofbenchmarks, thestatement may provide
details of where the ISINs
are publicly accessible
free of charge;

BISL does not assign ISINs to all of the Indices.

(c) whether thebenchmark, or any
benchmark in the family ofbenchmarks, isdetermined using
contributions of input
data;

The Indices do not utilize contributions of input data.

(d) whether thebenchmark or any
benchmark in the family ofbenchmarks qualifies as
one of the types ofbenchmarks listed under
Title III of Regulation (EU)2016/1011, including thespecific provision by virtueof which the benchmark
qualifies as that type.

None of the Indices are ‘regulated-data benchmarks’, ‘interest rate benchmarks’or ‘commodity benchmarks’ as those terms are defined in the BMR. In addition,none of the Indices are ‘critical benchmarks’ or ‘significant benchmarks’ as thoseterms are defined in the BMR. All of the Indices would be deemed ‘nonsignificant.’

Users should be aware that ISINs may have been obtained on the Indices by
third parties and, in doing so, such third parties may have supplied inaccurate
or incomplete information with regard to the underlying Index or may haveobtained multiple ISINs for the same Index. Users should contact BISL if they
have questions regarding the proper identification of its Indices.
BISL does assign a unique Financial Instrument Global Identifier (“FIGI”) to its
Indices. FIGIs may be found at https://openfigi.com/ by searching for the
relevant Index within the family.

[RTS 1(1)]Global Family of Indices2

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The benchmark statement
shall clearly andunambiguously define themarket or economic reality
measured by the benchmark
and the circumstances inwhich such measurement may
become unreliable.
[BMR 27(1)(a)]In defining the market or
economic reality, thebenchmark statement shall
include at least the following
information:(a) a general description of
the market or economic
reality.
(b) the geographicalboundaries, if any, of themarket or economic reality;(c) any other information thatthe administrator reasonably
considers to be relevant or
useful to help users or
potential users of thebenchmark to understand therelevant features of themarket or economic reality,
including at least thefollowing elements insofar as
reliable data on theseelements is available:

A Bloomberg Professional Services offering

Market or economic reality measured by the benchmark family:
The Bloomberg Composite Gold Index (ticker: BBGOLD) (the Index or
Composite Index) aims to track the performance of gold using a Composite
index comprised of: (i) an underlying Bloomberg Gold Tracker Total Return
Index (BBGCTTR) (the Tracker Index and with the Composite Index, the Indices)and (ii) the iShares Gold Trust (ticker: IAU) (the ETF).
The Composite Index is comprised of the Tracker Index, composed of gold
futures contracts, and an ETF. The Tracker Index aims to track the spot price ofgold while maintaining liquidity. The Tracker Index is composed of gold futurescontracts that roll over a three day period on the fourth to last Business Day ofthe month proceeding the lead contract’s expiration month.

The base Bloomberg Composite Gold Index and underlying Bloomberg Gold
Tracker Index methodology is available here.
Further breakdowns of sub-components and associated fact sheets may befound here.
Participants in the commodity futures market include commercial and/or
institutional commodities producers or commodity consumers (such as
manufacturers) who trade futures as a hedge to maximize the value of theircore assets, and to reduce the risk of financial losses from commodity pricemovements, while other participants are commodity speculators and otherinvestors who aim to profit from such movements. Gold is also used as aninvestment hedge because of its price sensitivity to political and economic
events.

(i) information on actual or
potential participants inthe market;(ii) an indication of the sizeof the market or economic
reality.
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In defining the potential
limitations of the benchmark
and the circumstances inwhich the measurement of
the market or economic
reality may become
unreliable, the benchmark
statement shall include atleast:(a) a description of thecircumstances in which theadministrator would lacksufficient input data to
determine the benchmark inaccordance with themethodology;(b) where relevant, adescription of instances when
the accuracy and reliability ofthe methodology used for
determining the benchmark
can no longer be ensured,
such as when theadministrator deems theliquidity in the underlying
market as insufficient;(c) any other information thatthe administrator reasonably
considers to be relevant or
useful to help users andpotential users to understandthe circumstances in which
the measurement of themarket or economic reality
may become unreliable,
including a description ofwhat might constitute an
exceptional market event.
[RTS 1(3)]A Bloomberg Professional Services offering

Benchmark limitations:Though the Indices are designed to be representative of the markets theymeasure or otherwise align with their stated objective, they may not be
representative in every case or achieve their stated objective in all instances.
They are designed and calculated strictly to follow the rules of the index
methodology, and any Index Level or other output is limited in its usefulness tosuch design and calculation.
Markets can be volatile, including those market interests which the Indicesintend to measure. For example, illiquidity can have an impact on the quality or
amount of data available to the Index Administrator for calculation and may
cause the Indices to produce unpredictable or unanticipated results.
In addition, market trends and changes to market structure may render theobjective of the Index unachievable or to become impractical to replicate byinvestors.
There is inherent, though transparent, judgment in index construction, as
outlined in the methodology. They are also designed for general applicability
and not to address the individual needs of users. Bloomberg does not advise as
to the usefulness of the Composite Index to a particular circumstance, and users
are therefore encouraged to seek their own counsel for such matters. The
methodology is subject to change, which may impact its usefulness to users.
Though efforts will be made to alert users of this change, not every individualuser may be aware of them. Such changes may also significantly impact theusefulness of the Composite Index. Bloomberg may also determine to cease
publication of the Composite Index, or a particular index provided byBloomberg. Bloomberg maintains internal policies regarding user transitions,but there is no guarantee an adequate alternative is available generally or for aparticular use case. Markets for currencies, as with all markets, can be volatile.
As Composite Index is designed to measure those markets, its indices could bematerially impacted by market movements, thus significantly impacting the use
or usefulness of the fixings for some or all users. Also, certain currency markets
are less liquid than others, and even the most liquid markets may suffer periodsof illiquidity. Illiquidity can have an impact on the quality or amount of data
available to Bloomberg Indices for calculation, and may cause the Composite
Index to produce unpredictable results.
Historical Index levels published prior to the Index launch date are consideredhypothetical. Historical Index levels should not be considered as an indicationof future performance.
The Composite Index is comprised of the Tracker Index, composed of gold
futures contracts, and an ETF. If any gold futures contract or the ETF is
terminated or replaced in accordance with the rules of the Index methodology,
a comparable futures contract or ETF may be selected by BISL. The replacementof a gold futures contract or ETF may cause the level of the Composite Index tochange or be adjusted.
Commodity prices can change unpredictably, affecting Index returns in
unforeseeable ways. Trading in futures contracts on physical commodities,
including trading in the index components, is speculative and can be volatile.
Market prices of index components and the underlying physical commodities
may fluctuate rapidly based on numerous factors, including, but not limited to,changes in supply and demand relationships (whether actual, perceived,
anticipated, unanticipated or unrealized), weather, disease, trade, domestic andGlobal Family of Indices4

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foreign political and economic events and policies, changes in interest rates,
and monetary and other government policies.
BISL may discontinue or suspend calculation or publication of the Indicesdefined in the methodology. If this happens, BISL shall use reasonable efforts toprovide advance notice through an Index announcement made available via
Bloombergindices.com and on the Bloomberg Terminal.
Limitation on pure tracking of performance of gold and competing interests of
having exposure to both the Tracker Index and ETF may skew performanceaway from a more pure measure of gold performance.
Market Disruption Events
See the Market Disruption Events section of the BISL Benchmark Procedures
Handbook.

(4)

The benchmark statement
shall lay down technicalspecifications that clearly andunambiguously identify theelements of the calculation of
the benchmark in relation towhich discretion may be
exercised, the criteria
applicable to the exercise ofsuch discretion and theposition of the persons thatcan exercise discretion, andhow such discretion may besubsequently evaluated.
[BMR 27(1)(b)]In specifying the controls andrules that govern any exerciseof judgement or discretion by
the administrator or any
contributors in calculating thebenchmark or benchmarks,
the benchmark statement
shall include an outline ofeach step of the process forany ex post evaluation of theuse of discretion, together
with a clear indication of theposition of any person(s)responsible for carrying out
the evaluations.
[RTS 1(4)]The Indices are rules-based (methodology available here), and theirconstruction is designed to consistently produce values without the exercise ofexpert judgment or discretion under the standard methodology, in day-to-day
index calculation. Nevertheless, BISL product owners may use expert judgment
or discretion in certain limited circumstances, with regards to the following:

Extraordinary circumstances during a market emergency
Interruptions, issues, and closures of data including input or non-input(e.g., Volume) data

Discretion refers to the right of BISL to make a determination in calculating a
Benchmark with respect to its methodology. Expert judgement refers to theexercise of discretion with respect to the use of Input Data. Instances of
discretion or expert judgement may include BISL making a decision to modify,
derive or substitute input or non-input (e.g. Volume) data points according towhat it considers suitable in a particular situation, in order to maintain Index
constituents as set out in the methodology and ensure the index accurately
represents the objective of the index as best as possible.
Discretion may be applied to (but not limited to) areas of index construction andmay include actions such as:•
Delaying or estimating the value of input or non-input data•
Adjusting the benchmark methodology•
Excluding or amending a constituent, input or non-input data
When expert judgment or discretion is required, BISL undertakes to beconsistent in its application. BISL also maintains and enforces a conflicts ofinterest framework to prevent conflicts of interest from inappropriately
influencing index construction, production, and distribution, including the useof expert judgment or discretion.
In certain circumstances exercises of expert judgment or discretion are
reviewed by senior members of BISL management and Bloomberg Complianceteams, and are reported to the Product, Risk & Oversight Committee (PROC),BISL’s governance committee, which operates under the supervision of BISL’s
oversight function, the Benchmark Oversight Committee (BOC).

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See the section titled “Expert Judgment and Discretion” in the BISL Benchmark
Procedures Handbook.

(5)

A benchmark statement shallcontain at least the rationale
for adopting the benchmark
methodology and proceduresfor the review and approval ofthe methodology.
[BMR27(2)(b)]In specifying the procedures
for review of themethodology, the benchmark
statement shall at least outline
the procedures for public
consultation on any materialchanges to the methodology.

The methodology approach incorporates a ruled-based calculation that does
not require the exercise of discretion in its daily calculation process. Additionally,
the methodology is subject to strict input data eligibility requirements to ensure
its replicability and resilience.
For further detail on the procedures for the review and approval of
methodologies, the procedures for public consultation on materials changes
and the process for cessation, see the Benchmark and Methodology Launch &Changes and Cessation Policy sections of the BISL Benchmark Procedures
Handbook.

[RTS 1(5)]An administrator shall publish,
together with the benchmark
statement referred to in
Article 27, a procedure
concerning the actions to betaken by the administrator in
the event of changes to or the
cessation of a benchmark
which may be used in theUnion in accordance with
Article 29(1). The procedure
may be drafted, whereapplicable, for families ofbenchmarks and shall be
updated and publishedwhenever a material change
occurs.
[BMR28(1)](6)

The benchmark statement
shall provide notice of thepossibility that factors,
including external factors
beyond the control of theadministrator, may necessitatechanges to, or the cessation of
the benchmark.

Users should be aware that factors, including external factors beyond the controlof BISL, may necessitate changes to, or the cessation of the Indices orcomponents thereof. For example, markets measured by the Indices may
undergo structural changes which may affect the liquidity of underlying
constituents of the Indices. In addition, regulatory changes can adversely impact
the effectiveness of methodology design.

[BMR 27(1)(c)]Global Family of Indices6

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The benchmark statement
shall advise users thatchanges to, or the cessationof, the benchmark may havean impact upon the financial
contracts and financial
instruments that reference thebenchmark or themeasurement of theperformance of investment
funds.

A Bloomberg Professional Services offering

If financial product issuers or investment managers choose to use one of the
Indices as the basis of an index-linked financial product or an investment fund,they should consider the possibility that factors, including external factors, may
necessitate changes to, or the cessation of the Indices or components thereof,
including the potential need to terminate or modify the terms of a financial
product resulting from the termination of the calculation of one or more of the
Indices.

[BMR 27(1)(d)](8)

A benchmark statement shallcontain at least the definitions
for all key terms relating to thebenchmark.

All key terms and other relevant information are set forth in the methodology for
the Indices available here.

[BMR 27(2)(a)](9)

The administrator shall review
and, where necessary, update
the benchmark statement foreach benchmark or family ofbenchmarks in the event of
any changes to theinformation to be provided
under this Article and at least
every two years.

BISL shall review this Statement on a periodic basis, at least once every two years.
BISL will also review and, if determined necessary, update this Statement in theevent of any material changes to the information provided herein, and whenever
the information contained herein ceases to be correct or sufficiently precise
including whenever there is a change in the type of the benchmark or a materialchange in the methodology.

[BMR 27(1)]In addition to the cases
referred to in the third
subparagraph of Article 27(1)of Regulation (EU) 2016/1011,
an update of the benchmark
statement shall be required
whenever the information
contained in the statementceases to be correct or
sufficiently precise, andincluding in any event in thefollowing cases:(a) whenever there is achange in the type of thebenchmark;(b) whenever there is amaterial change in themethodology used for
determining the benchmark
or, if the benchmark

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statement is for a family ofbenchmarks, in themethodology used for
determining any benchmark
within the family ofbenchmarks.

[RTS 6](10)

A benchmark statement shallcontain at least the criteria
and procedures used todetermine the benchmark,including a description of the
input data, the priority given
to different types of input
data, the minimum dataneeded to determine abenchmark, the use of any
models or methods ofextrapolation and any
procedure for rebalancing theconstituents of a benchmark's
index.
[BMR 27(2)(c)]Constituent Selection
The Tracker Index holds a long position on gold futures contracts (GC) tradedon the Chicago Mercantile Exchange (CME) selecting the liquid future contracts.
To maintain a long position, contracts are ‘rolled’ from the expiring futurescontract to a new contract farther down the futures curve with a longer expiry
date. To provide maximize liquidity and reflect the most active gold market, BISL
excludes the October gold contract due to its low trading volume and open
interest.

Rebalancing
The Index rebalances on a quarterly basis. On each rebalance day a reweighting
factor is calculated to reset the weights to the allocated 76%/24% weights of theComposite Gold Index.
The rebalancing day of the index is the business day when the Gold Composite
resets to its allocated weights on the fourth to last business day in January, April,
July, and October.
Input Data
The Tracker Index utilizes the official settlement prices of the relevant gold
futures contracts (GC) traded on the Chicago Mercantile Exchange (CME). For
the ETF component, the iShares Gold Trust Official Close Price as provided by
NYSE (New York Stock Exchange) is used.

(11)

A benchmark statement shallcontain at least the controls
and rules that govern any
exercise of judgement or
discretion by theadministrator or any
contributors, to ensure
consistency in the use of suchjudgement or discretion.

See row (4) above.

[BMR27(2)(d)]For the purpose of providing
information on the controls
and rules that govern any
exercise of judgment or
discretion in the calculation of
the benchmark or of thefamily of benchmarks, theGlobal Family of Indices8

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benchmark statement shall at
least:(a) indicate the position ofeach function or body who
may exercise discretion;(b) outline each step of the expost evaluation process forthe use of discretion.
[RTS 27(1)(4)](12)

A benchmark statement shallcontain at least theprocedures which govern thedetermination of thebenchmark in periods ofstress or periods wheretransaction data sources may
be insufficient, inaccurate or
unreliable and the potential
limitations of the benchmark
in such periods.

See “Benchmark Limitations” in row (3) above.

[BMR 27(2)(e)](13)

A benchmark statement shallcontain at least theprocedures for dealing witherrors in input data or in thedetermination of thebenchmark, including when are-determination of thebenchmark is required.
[BMR 27(2)(f)]

To the extent a material error in Index values is uncovered following its
publication and dissemination, a notification will be sent to Index clients alertingthem of such error and the expected date of a revised publication, if warranted.
BISL considers the following factors to determine whether to restate. Not allconditions need to be present to warrant a restatement, and certain factors may
be more determinative that others depending on the circumstances of the given
error.
The relative importance of the data field impacted by the error;•
Consideration of impact to end investor and/or clients’ non-financial
objectives;

When the error occurred and when it was discovered;
The number of Indices and sub-Indices affected;
Whether the impacted Indices are linked to tradable products;

The magnitude of the error;The burden of restatement on client re-processing relative to theimpact of the error; andThe impact of the restatement on analytical tools.
See the Restatement Policy set out in the BISL Benchmark Procedures
Handbook.

(14)

A benchmark statement shallcontain at least theidentification of potential
limitations of the benchmark,including its operation in

See “Benchmark Limitations” in row (3) above.

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illiquid or fragmented markets
and the possible
concentration of inputs.
[BMR 27(2)(g)](15)

Specific disclosure
requirements for regulated
data benchmarks.

Not applicable.

In addition to the information
to be included pursuant to
Article 1, for a regulated-databenchmark or, whereapplicable, family of
regulated-data benchmarks,
the benchmark statement
shall state at least thefollowing in its description of
the input data:(a) the sources of the input
data used;(b) for each source, therelevant type, as listed in
Article 3(1)(24) of Regulation(EU) 2016/1011.
[RTS 2](16)

Specific disclosure
requirements for interest
rate benchmarks

Not applicable.

1. In addition to theinformation to be included
pursuant to Article 1, for aninterest rate benchmark or,
where applicable, family ofinterest rate benchmarks, thebenchmark statement shall
include at least the following
information:(a) a reference alerting users
to the additional regulatory
regime applicable to interest
rate benchmarks under Annex
I to Regulation (EU) 2016/1011;(b) a description of thearrangements that have been
put in place to comply withthat Annex.
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Specific disclosure
requirements for commodity
benchmarks

A Bloomberg Professional Services offering

Not applicable.

In addition to the information
to be included pursuant to
Article 1, for a commodity
benchmark or, whereapplicable, family ofcommodity benchmarks, thebenchmark statement shall at
least:(a) indicate whether therequirements of Title II of, orAnnex II to, Regulation (EU)2016/1011 apply to thebenchmark, or family ofbenchmarks as prescribed by
Article 19 of that Regulation;(b) include an explanation as
to why Title II of or, as the casemay be, Annex II to that
Regulation applies;(c) include in the definitions of
key terms a concise
description of the criteria thatdefine the relevant underlying
physical commodity;(d) where applicable, indicate
where the explanations are
published that theadministrator is required to
publish under paragraph 7 ofAnnex II to that Regulation.
[RTS 4](18)

Specific disclosure
requirements for criticalbenchmarks

Not applicable.

In addition to the information
to be included pursuant to
Article 1, for a criticalbenchmark, or, whereapplicable, a family ofbenchmarks that contains atleast one critical benchmark,the benchmark statement
shall include at least thefollowing information:

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A Bloomberg Professional Services offering(a) a reference alerting users
to the enhanced regulatory
regime applicable to criticalbenchmarks under
Regulation (EU) 2016/1011;(b) a statement indicating
how users will be informed ofany delay in the publication of
the benchmark or of any redetermination of thebenchmark, and indicating
the (expected) duration of
measures.
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BLOOMBERG, BLOOMBERG INDICES and the Bloomberg Composite Gold Methodology (the “Index”) are trademarks orservice marks of Bloomberg Finance L.P. Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services
Limited, the administrator of the Indices (collectively, “Bloomberg”) or Bloomberg's licensors own all proprietary rights in
the Indices. Bloomberg does not guarantee the timeliness, accuracy or completeness of any data or information relating to
the Indices. Bloomberg makes no warranty, express or implied, as to the Indices or any data or values relating thereto or
results to be obtained therefrom, and expressly disclaims all warranties of merchantability and fitness for a particularpurpose with respect thereto. It is not possible to invest directly in an Index. Back-tested performance is not actual
performance. Past performance is not an indication of future results. To the maximum extent allowed by law, Bloomberg, its
licensors, and its and their respective employees, contractors, agents, suppliers and vendors shall have no liability or
responsibility whatsoever for any injury or damages - whether direct, indirect, consequential, incidental, punitive orotherwise - arising in connection with the Indices or any data or values relating thereto - whether arising from theirnegligence or otherwise. This document constitutes the provision of factual information, rather than financial productadvice. Nothing in the Indices shall constitute or be construed as an offering of financial instruments or as investment advice
or investment recommendations (i.e., recommendations as to whether or not to “buy”, “sell”, “hold”, or to enter or not toenter into any other transaction involving any specific interest or interests) by Bloomberg or a recommendation as to an
investment or other strategy by Bloomberg. Data and other information available via the Indices should not be considered
as information sufficient upon which to base an investment decision. All information provided by the Indices is impersonaland not tailored to the needs of any person, entity or group of persons. Bloomberg does not express an opinion on the
future or expected value of any security or other interest and do not explicitly or implicitly recommend or suggest an
investment strategy of any kind. Customers should consider obtaining independent advice before making any financial
decisions.
© 2024 Bloomberg. All rights reserved. This document and its contents may not be forwarded or redistributed without theprior consent of Bloomberg. The BLOOMBERG TERMINAL service and Bloomberg data products (the “Services”) are owned
and distributed by Bloomberg Finance L.P. (“BFLP”) except (i) in Argentina, Australia and certain jurisdictions in the Pacificislands, Bermuda, China, India, Japan, Korea and New Zealand, where Bloomberg L.P. and its subsidiaries distribute theseproducts, and (ii) in Singapore and the jurisdictions serviced by Bloomberg’s Singapore office, where a subsidiary of BFLP
distributes these products.

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Annex 1 – Climate-Related Disclosures
EXPLANATION OF HOW ESG FACTORS ARE REFLECTED IN THE
BENCHMARK STATEMENTSECTION 1 – CONSIDERATION OF ESG FACTORS
Item 1. Name of the benchmark
administrator.

Bloomberg Index Services Limited

Item 2. Type of benchmark or family ofbenchmarks.

Other Benchmarks

Item 3. Name of the benchmark or familyof benchmarks.

Bloomberg Composite Gold Index
Underlying Bloomberg Gold Tracker Index

Item 4. Are there in the portfolio of thebenchmark administrator any EU
Climate Transition Benchmarks, EU
Paris-aligned Benchmarks, benchmarksthat pursue ESG objectives orbenchmarks that take into account ESG
factors?

Yes

Item 5. Does the benchmark or family ofbenchmarks pursue ESG objectives?

No

Item 6. Where the response to Item 5 is positive, provide below the details (score) in relation to the following
ESG factors: combined ESG factors, environmental, social and governance for each family of benchmarks at an
aggregated level.
The ESG factors shall be disclosed at an aggregated weighted average value at the level of the family ofbenchmarks.
a) List of combined ESG factors:

Details on each ESG factor: N/Ab) List of environmental factors:

Details on each ESG factor: N/Ac) List of social factors:

Details on each ESG factor: N/Ad) List of governance factors:

Details on each ESG factor: N/A

Item 7. Where the response to Item 5 is positive, provide below the details (score) for the benchmark or family ofbenchmarks, in relation the following ESG factors: combined ESG factors, environmental, social and governance,
depending on the relevant underlying asset concerned.
Alternatively, all of this information may be provided in the form of a hyperlink to a website of the benchmark
administrator included in the benchmark statement. The information on the website shall be easily available andaccessible. Benchmark administrators shall ensure that information published on their website remains available
for five years.
The score of the ESG factors shall not be disclosed for each constituent of the benchmark, but shall be disclosed
at an aggregated weighted average value of the benchmark.

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A Bloomberg Professional Services offeringa) List of combined ESG factors:

Details on each ESG factor: N/Ab) List of environmental factors:

Details on each ESG factor: N/Ac) List of social factors:

Details on each ESG factor: N/Ad) List of governance factors:

Details on each ESG factor: N/A

Hyperlink to the information on ESG
factors for the benchmark or family ofbenchmarks:

N/A

Item 8. Data and standards used.
a) Description of data sources used toprovide information on the ESG factors inthe benchmark statement.

N/A

Describe how the data used to provide
information on the ESG factors in thebenchmark statement are sourced andwhether, and to what extent, data are
estimated or reported.

b) Reference standards.

N/A

List the supporting standards used forthe reporting under item 6 and/or item 7.

SECTION 2 – ADDITIONAL DISCLOSURE REQUIREMENTS FOR EU CLIMATE
TRANSITION AND EU PARIS-ALIGNED BENCHMARKS
Item 9. Where a benchmark is labelled as ‘EU Climate Transition Benchmark’ or ‘EU Paris-aligned
Benchmark’, benchmark administrators shall also disclose the following information:a)forward-looking year-on-year
decarbonisation trajectory;b) degree to which the IPCC
decarbonisation trajectory (1,5°C
with no or limited overshoot) has
been achieved on average per
year since creation;c)overlap between those benchmarks
and their investable universe, as
defined in Article 1, point (e), of
Commission DelegatedRegulation

N/A

N/A

N/A

(EU) 2020/1818, using the active
share at asset level.

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SECTION 3 – DISCLOSURE OF THE ALIGNMENT WITH THE OBJECTIVES OF THE PARISAGREEMENT
Item 10. By the date of application of this Regulation, for significant equity and bond benchmarks, EU
Climate Transition Benchmarks and EU Paris-aligned Benchmarks, benchmark administrators shall, for eachbenchmark, or where applicable, the family of benchmarks, disclose the following information:
Noa) Does the benchmark align with thetarget of reducing carbon
emissions or the attainment of theobjectives of the Paris Agreement;

Not applicable. The benchmark is not aligned with the target ofb) the temperature scenario, in
reducing carbon emissions or the attainment of the objectives of theaccordance with international
Paris Agreement and therefore no temperature scenario is used.
standards, used for the alignment
with the target of reducing GHG
emissions or the attainment of theobjectives of the Paris Agreement;
Not applicable. There is no temperature scenario provider as noc) the name of the provider of thetemperature scenario is used.
temperature scenario used for thealignment with the target of
reducing GHG emissions or theattainment of the objectives of theParis Agreement;d) the methodology used for themeasurement of the alignment
with the temperature scenario;e)the hyperlink to the website of thetemperature scenario used.

Date on which information has last
been updated and reason for the
update:Not applicable. The benchmark does not use a methodology tomeasure alignment with a temperature scenario as no temperature
scenario is used
Not applicable. There is no temperature scenario used.

28 January 2022. Update of Section 3 disclosures.

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