Rule changes for the U.S. Large-Cap Sector Index Family

Changes to Free-Float Factors and Number of Shares

Old

Changes to the number of shares or the free-float factors due to corporate actions like stock dividends, splits, rights issues, spin-offs etc. are implemented on the ex-date.

New

Changes to the number of shares or the free-float factors due to corporate actions like stock dividends, splits, rights issues, spin-offs etc. are implemented on the ex-date. Any secondary issuance, share repurchase, buyback, tender offer, Dutch auction, exchange offer, bought deal equity offering or prospectus offering will be updated at the quarterly review if the change is smaller than 20%. Changes larger than 20% will be pre-announced (three trading days notice) and implemented on the first dissemination day of the following month (on a best effort basis). If necessary and information is available, resulting float changes will be taken into consideration. Share changes that result from M&As shall impact all indexes of the MarketVector™ Equity Index family that contain affected companies on the merger effective date with no weighting cap factor change; the 20% share change restriction is removed. Nevertheless, share changes due to M&As in the MarketVector™ Total Global Equity Index or its derived subset indexes may not result in adjustments to other indexes, nor may changes in other indexes have any effect on them.