Methodology Change | Solactive Canada Utilities Index | Effective Date 18/07/2024

Today, on the 04/07/2024, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices):

Rationale for Methodology Change

The Indices track the performance of Canadian companies linked to the “Utility” sector.
While the Starting Universe, the Solactive Canada Broad Market Index (PR) (ISIN: DE000SLA4973), excludes Limited Partnerships (LP), some companies classified as LP are a significant part in the Utility sector. The exclusion of LP in the Starting Universe leads to the situation that these Canadian Utility companies are also excluded from the Solactive Canada Utilities Index.

Solactive has therefore decided to include LPs to the Solactive Canada Utilities Index, which are trading in Canada.

Changes to the Index Guideline

The following Methodology changes will be implemented in the following points of the Index Guideline (ordered in accordance with the numbering of the affected sections):

Section 2.1. index Universe Requirements
From:
The INDEX UNIVERSE is comprised of all financial instruments which fulfill the below requirements (the “INDEX UNIVERSE REQUIREMENTS“):
First, all companies that are part of the CANADA INDEX UNIVERSE of the Solactive Canada Broad Market Index (PR) (ISIN: DE000SLA4973), on a SELECTION DAY as published on the SOLACTIVE website: https://www.solactive.com are eligible for inclusion.
Second, eligible companies need to be assigned to the Economy “Utilities” as defined by the Standard FactSet Classification.
The determination of the INDEXUNIVERSE is fully rule-based and the INDEX ADMINISTRATOR cannot make any discretionary decisions.

To:
The INDEX UNIVERSE is comprised of all financial instruments which fulfill the below requirements
(the “INDEXUNIVERSE REQUIREMENTS“):

1. Part of the CANADA INDEX UNIVERSE of the Solactive Canada Broad Market Index (PR) (ISIN: DE000SLA4973), on a SELECTION DAY as published on the SOLACTIVE website: https://www.solactive.com or
2. Structured as Limited Partnership and listed on the Toronto Stock Exchange
   Limited Partnerships require an Average Daily Traded Value (ADV) of 1,000,000 CAD over the past 1 month and the past 6 months and ADV of 750,000 CAD over the past 1 month and the past 6 months for stocks that are current INDEX COMPONENTS

All eligible companies need to be assigned to the Economy “Utilities” as defined by the Standard FactSet Classification.
The determination of the INDEX UNIVERSE is fully rule-based and the INDEX ADMINISTRATOR cannot make any discretionary decisions.

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. The amended version of the index guideline will be available on the effective date.