Announcement for June 28, 2024 at 12:46 AM GMT

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

CONSULTATION ON METHODOLOGY ENHANCEMENT TO THE MSCI ISLAMIC INDEX SERIES AND THE MSCI ISLAMIC INDEX M-SERIES

MSCI launched today a consultation on the specific proposal to enhance the Financial Screening of the MSCI Islamic Index Series Methodology.

This proposal aims to increase the stability of index constituents by reducing index turnover driven by reversed index additions and deletions, as well as to reduce the index concentration by increasing the index coverage.

More specifically, MSCI proposes the following:
- to introduce a higher threshold ("Exit Buffer") for existing constituents for financial ratios based on total debt' and ratios based on 'sum of a company's cash and interest-bearing securities'; and
- to increase the threshold for financial ratios based on 'sum of a company's accounts receivables and cash' for both existing and new index constituents ("Entry Buffer"), to align the MSCI Islamic Index Series with the MSCI Islamic Index M-Series.

Details of the current methodology, including the current financial ratio definitions, are available on: https://www.msci.com/index-methodology.

Details of the consultation are available on: https://www.msci.com/index-consultations.

MSCI welcomes feedback from the investment community until September 13, 2024. MSCI will announce the results of this consultation on or before September 30, 2024

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

                                     End of announcement.
                                     Further announcements may occur as needed.