EXPLANATION OF HOW KEY ELEMENTS OF
THE BENCHMARK METHODOLOGY REFLECTENVIRONMENTAL, SOCIAL, AND
GOVERNANCE (ESG) FACTORS
Solactive L&G Enhanced ESG Europe ex UK Index TR

This document provides an explanation of how the key elements of the benchmark methodology reﬂect ESG factors. It is compiledin accordance with the requirements of point (d) of Article 13 (1) of Regulation (EU) 2016/1011 of the European Parliament and ofthe Council of 8 June 2016 (the “Benchmarks Regulation”) and of the Commission Delegated Regulation (EU) 2020/1817.

General InformationName of the benchmark administrator

Solactive AG

Type of benchmark or family ofbenchmarks

EquityName of the benchmark or family ofbenchmarks

Solactive L&G Enhanced ESG Europe ex UK Index TR

Does the benchmark methodology forthe benchmark or family of benchmarks
take into account ESG factors?

Yes

ESG Factors Applied in the Benchmark Methodology
List of environmental factors considered> Exclusion of companies included in the Future World Protection List (FWPL).
The FWPL comprises companies which are (1) involved in the manufactureof controversial weapons (2) persistent violators of the UN Global Compact and/or (3) pure coal mining companies. It is reconstituted by LGIM on
a semi-annual basis in March and September.
> Weighting the securities by incorporating the L&G ESG Score as well as
committing to a carbon reduction trajectory.

List of social factors considered> Exclusion of companies included in the Future World Protection List (FWPL).
The FWPL comprises companies which are (1) involved in the manufactureof controversial weapons (2) persistent violators of the UN Global Compact and/or (3) pure coal mining companies. It is reconstituted by LGIM on
a semi-annual basis in March and September.
> Exclusion of companies with revenues (in proportion to total revenues) >5% from assault weapons> Exclusion of companies with revenues (in proportion to total revenues) >10% from military weapon system manufacturing> Exclusion of companies with revenues (in proportion to total revenues) >10% from the production or retail of tobacco products and related services> Weighting the securities by incorporating the L&G ESG Score.

List of governance factors considered> Exclusion of companies included in the Future World Protection List (FWPL).
The FWPL comprises companies which are (1) involved in the manufactureof controversial weapons (2) persistent violators of the UN Global Compact and/or (3) pure coal mining companies. It is reconstituted by LGIM on
a semi-annual basis in March and September.
> Weighting the securities by incorporating the L&G ESG Score.

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Data and Standards used
Data Input

The data used to construct the index is sourced externally from Legal &General Investment Management (Holdings) Limited, Sustainalytics GmbH,Institutional Shareholder Services Inc.

Veriﬁcation and quality of data

The provider of ESG-related data input is selected by the Administrator basedon an assessment of its existing processes in order to ensure the reliability
and representativeness of the ESG-related data. The data provider has
established processes in accordance with accepted and established market
standards that ensure the permanent quality and reliability of the ESG-dataprovided.

Reference standards

International standards referenced by the index methodology are listed in therespective section above.

Information updated on

23/02/2024

Reason for update:

Initial document creation.

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