Announcement for April 30, 2025 at 05:24 PM GMT

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

ANNOUNCEMENT FOR THE MSCI HIGH DIVIDEND LOW VOLATILITY INDEXES METHODOLOGY

Further to the September 30, 2024, announcement regarding enhancements to the MSCI Quality Indexes methodology, MSCI will implement the enhancement in data handling to make both, Return-on-Equity (ROE) and Debt-to-Equity (D/E) as mandatory descriptors for calculating quality score in the MSCI High Dividend Low Volatility Indexes.

All other aspects of MSCI High Dividend Low Volatility Indexes methodology will remain unchanged. MSCI will implement these enhancements for the MSCI High Dividend Low Volatility Indexes starting from the May 2025 Index Review.

This announcement aims to provide transparency and offer sufficient lead time prior to implementation of the changes. MSCI will make available the updated methodology books of the MSCI High Dividend Low Volatility Indexes prior to the implementation of the aforementioned enhancements.

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

                                     End of announcement.
                                     Further announcements may occur as needed.