February 11, 2025 at 10:06 PM UTC

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

MSCI GLOBAL STANDARD INDEXES FEBRUARY 2025 INDEX REVIEW

London - February 11, 2025 - MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, announced the results of the February 2025 Index Review for the MSCI Equity Indexes. All changes will be implemented as of the close of February 28, 2025.

Highlights include:

MSCI Global Standard Indexes: Twenty-three securities will be added to and 107 securities will be deleted from the MSCI ACWI Index. The three largest additions to the MSCI World Index measured by full company market capitalization will be United Airlines Holdings (USA), Reddit A (USA) and Natera (USA). The three largest additions to the MSCI Emerging Markets Index measured by full company market capitalization will be Hyundai Motor India (India), Emaar Development (United Arab Emirates) and J&T Global Express B (China).

MSCI Global Small Cap Indexes: There will be 193 additions to and 297 deletions from the MSCI ACWI Small Cap Index.

MSCI Global Investable Market Indexes: There will be 124 additions to and 312 deletions from the MSCI ACWI Investable Market Index (IMI).

MSCI Global All Cap Indexes: There will be 111 additions to and 90 deletions from the MSCI World All Cap Index.

MSCI Frontier Markets Indexes: There will be 13 additions to and four deletions from the MSCI Frontier Markets Index. The three largest additions to the MSCI Frontier Markets Index measured by full company market capitalization will be Koncar Eletroindustrija (Croatia), CFG Bank (Morocco) and Standard Chartered Bank (Kenya). There will be 22 additions to and 12 deletions from the MSCI Frontier Markets Small Cap Index.

In light of currently observed market accessibility issues, MSCI will continue to not implement changes as part of this Index Review for any securities classified in Bangladesh for the MSCI Bangladesh Indexes or impacted composite indexes.

These changes, along with other changes across MSCI Equity Indexes including the MSCI US Equity Indexes, MSCI US REIT Index, MSCI China A Onshore Indexes and China All Shares Indexes are available on MSCI's "Index Review" web page: www.msci.com/index-review.

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THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

MSCI