Announcement for December 01, 2025 at 10:16 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 December 31, 2025.

SUMMARY OF CHANGES INCLUDED IN THIS ANNOUNCEMENT.

                         Number of
                         GICS changes

FRANCE                   1
USA                      1


FRANCE

BOLLORE
CURRENT GICS SUB-INDUSTRY 50202010 Movies & Entertainment
NEW GICS SUB-INDUSTRY     10102040 Oil & Gas Storage & Transportation


USA

TRIMBLE
CURRENT GICS SUB-INDUSTRY 45203010 Electronic Equipment & Instruments
NEW GICS SUB-INDUSTRY     45103010 Application Software


* 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.