Methodology Change | Solactive Global Uranium Pure-Play Index | Effective Date 26/10/2020

Today, 12/10/2020, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):

Rationale for methodology change

Canadian Small and Midcap stocks covering a niche industry (like Uranium) are often traded outside the Toronto Stock Exchange in multiple, smaller ventures. Hence the Average Daily Value Traded from using one single exchange is not representative of the market. Therefore, Solactive has determined to use composite Average Daily Value Traded for Canadian stocks only.

Changes to the Index Guideline

The following definitions will be added to Section 4 Definitions:

“Average Daily Value Traded” means, in respect of an Index Component, (1) with listing on an Exchange in a country other than Canada the sum of Daily Value Traded over the specified period divided by the number of Trading Days that fall in the specified period and (2) with listing on an Exchange in Canada the composite average daily value provided by the data vendor FactSet under the data field “=FDSZ(identifier,”AVG(XP_TURNOVER(startdate,enddate,D,,CAN,CAD,,0))”).

“Daily Value Traded” means, in respect of an Index Component and a Trading Day, the product of (i) the Closing Price of such Index Component and (ii) the volume traded (measured as a number of shares) of such Index Component on the Exchange during such Trading Day.

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.