STANDARD ANNOUNCEMENTS - July 06, 2026 at 08:26 PM GMT
Announcement for July 06, 2026 at 08:26 PM GMT

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

UPDATE ON THE TREATMENT OF INDONESIA AND TURKEY SECURITIES IN THE MSCI GLOBAL INVESTABLE MARKET INDEXES

Following the MSCI 2026 Market Classification Review, MSCI is providing information on the treatment of Indonesia and Turkey securities in the MSCI Global Investable Market Indexes (GIMI) during the August 2026 Index Review and for corporate events until further notice.

Indonesia

MSCI will maintain the following measures that are currently in place for Indonesian securities:

 - MSCI will freeze all increases to Foreign Inclusion Factors (FIF) and Number of Shares (NOS);

 - MSCI will not implement index additions to MSCI Investable Market Indexes (IMI); and

 - MSCI will not implement any upward migration across size-segment indexes, including from Small Cap to Standard.

In addition, MSCI will continue to:

 - Delete securities identified by the Indonesian authorities as part of the High Shareholding Concentration (HSC) framework; and

 - Use the 1% shareholder disclosure data to adjust free float estimates where appropriate.

Turkey

MSCI will continue to assess Turkish securities on a case-by-case basis, where investability concerns are identified. MSCI may review the free float of individual security and reclassify certain shareholders, including specific fund holdings, from free float to non-free float. Such assessments will be communicated to clients in advance of implementation.

As stated previously, MSCI will communicate further on the treatment of Indonesia and Turkey markets prior to the November 2026 Index Review.

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

                                     End of announcement.
                                     Further announcements may occur as needed.