Methodology Change | Solactive Thematic Growth Index | Effective Date 09/02/2023

Today, on the 03/02/2023, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):

Rationale for Methodology Change

Solactive AG decided to change the Weighting procedure in Section 2.3 to an Equal Weighting scheme. The rationale for this change is the circumstance that, even though originally intended to overweight ETF-Sectors with the highest sales growth, due to the low base effect some index components received a weight and concentration in the index composition which might not be justified with regards to the actual growth within the reflected ETF-Sector.

Changes to the Index Guideline

The following Methodology changes are proposed in the following points of the Index Guideline (ordered in accordance with the numbering of the affected sections):

From (old version):

Section 2.3.     WEIGHTING OF THE INDEX COMPONENTS

On each Selection Day each Index Component is assigned a weight according to the rules outlined below:

1. Each of the Eligible ETFs as defined in Section 2.2 receive a starting weight of 7.5%.
2. ETFs that rank in the top half of the Eligible ETFs according to step 1 by Sales Growth (rounded down in case of an odd number), receive an additional weight of 7.5%.
3. The eligible ETF ranked highest by Sales Growth receives an additional weight of 7.5%
4. Remaining weights are distributed evenly among the eligible ETFs determined in step 1. If an ETF has a weight higher than 25%, the excess weight above 25% will be distributed evenly among the remaining ETFs that have a weight less than 25%. For clarification, if the application of steps 1. – 3. results in an aggregate weight of above 100%, the excessive weight gets equally subtracted among the eligible ETFs determined in step 1.

To (new version):

Section 2.3.     WEIGHTING OF THE INDEX COMPONENTS

On each Selection Day each Index Component is assigned an equal weight.

Defined terms used in this announcement, but not defined herein, have the meaning assigned to them in the respective index guideline of the Affected Indices.