Methodology Change | Solactive U.S. Quantum Computing Index | Effective Date 17 February 2025

Rationale for Methodology Change

The changes involve increasing the selection and rebalance frequency from a semi-annual to a quarterly review schedule. This adjustment will better reflect the dynamic nature of the quantum computing industry in the index and the targeted product. Quantum computing is a rapidly evolving field with frequent advancements and market developments, making more frequent reviews essential for maintaining an accurate and up-to-date index.
Additionally, the index selection and rebalance schedules will be decoupled from the benchmark
series schedule. However, the starting universe for the selection procedure will continue to be
based on a benchmark index.
Furthermore, the weight breach monitoring will be modified to a continuous process. This control
process will help the index avoid weight concentration in single stocks, thereby supporting the
diversification aspect of each index composition.
Both modifications will enhance the index’s ability to achieve its main objective.

Changes to the Index Guideline

The following Methodology changes are proposed in the following point of the Index Guideline:

3.1.          ORDINARY REBALANCE
From:
In addition, if the INDEX ADMINISTRATOR determines that the Index weight of any INDEX COMPONENT is greater than 30% on any REVIEW DAY, then a weight cap is applied for each INDEX COMPONENT by redistributing any weight which is larger than 20% to the other INDEX COMPONENTS proportionally in an iterative manner. The INDEX ADMINISTRATOR reweights the index on the REWEIGHTING DAY. This is carried out by implementing the shares as determined on the REVIEW DAY based on the weights calculated on the REVIEW DAY.

To:
In addition, if the INDEX ADMINISTRATOR determines that the Index weight of any INDEX COMPONENT is greater than 30% for 3 consecutive BUSINESS DAYS, excluding the SELECTION DAY and any period within the 10 BUSINESS DAYS preceding the REBALANCE DAY, then a weight cap is applied for each INDEX COMPONENT by re-distributing any weight which is larger than 20% to the other INDEX COMPONENTS proportionally in an iterative manner. The INDEX ADMINISTRATOR reweights the index on the REWEIGHTING DAY. This is carried out by implementing the shares as determined on the REVIEW DAY based on the weights calculated on the REVIEW DAY.

6. DEFINITIONS
   From:

“REBALANCE DAY” is the first Wednesday in May and November. If that day is not an ELIGIBLE REBALANCE DAY the ELIGIBLE REBALANCE DAY will be the immediately following BUSINESS DAY.

“REVIEW DAY” is the last CALCULATION DAY of each calendar month other than April and October.

“REWEIGHTING DAY” is 5 BUSINESS DAYS after REVIEW DAY. If that day is not a CALCULATION DAY, the REWEIGHTING DAY will be the immediately following CALCULATION DAY.

“SELECTION DAY” is 20 BUSINESS DAYS before the scheduled REBALANCE DAY, disregarding any potential change of the REBALANCE DAY.

To:
“Rebalance Day” is the first Wednesday in March, June, September and December. If that day is not an Eligible Rebalance DAY, the Eligible Rebalance Day will be the immediately following Business Day.

“REVIEW DAY” is the 3^rd consecutive BUSINESS DAY when the Index weight of any Index Component is greater than 30% for 3 consecutive BUSINESS DAYS, excluding the SELECTION DAY and any period within the 10 BUSINESS DAYS preceding the REBALANCE DAY.

“Reweighting Day” is 5 Business Days after the Review Day. If that day is not a Calculation DAY, the Reweighting Day will be the immediately following Calculation Day.

“Selection Day” is 10 Business Days before the scheduled Rebalance Day, disregarding any potential change of the Rebalance Day.