Announcement for August 01, 2025 at 09:15 PM UTC

Global Industry Classification Standard (GICS) Changes*

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

The following Industry changes will take place as of the close of August 26, 2025.

SUMMARY OF CHANGES INCLUDED IN THIS ANNOUNCEMENT.

                         Number of
                         GICS changes

SINGAPORE                1


SINGAPORE

SEA A ADR
CURRENT GICS SUB-INDUSTRY 50202020 Interactive Home Entertainment
NEW GICS SUB-INDUSTRY     25503030 Broadline Retail


* Twice a month, MSCI announces changes
in the Global Industry Classification Standard (GICS) at Industry level. For
every change, the whole Sub-Industry code is provided. Changes at Sub-Industry
level only are not announced.

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

                                     End of announcement.
                                     Further announcements may occur as needed.