Announcement for November 05, 2025 at 10:29 PM GMT

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL SMALL CAP INDEXES

The following securities have been classified as part of an Ineligible Alert Board:

Indonesia: Indonesia SE (Jakarta) - Watchlist Board due to Criteria 10

TIMAH (MSCI Code: 18484.01, SEDOL: 6875730)

Korea: Korea Exchange (Kosdaq) - Investment Alert Issue

HUYNDAI MOVEX (MSCI Code: 53676.01, SEDOL: BJLQYJ6)

According to Appendix I of the MSCI Global Investable Market Indexes Methodology book, securities of companies included in the alert boards are excluded from the MSCI Equity Universe. During Index Reviews, MSCI will not implement any additions to IMI for securities that enter the Indonesia Watchlist Board due to Criteria 10 and Korea Investment Alert Issue.

Consequently, the above mentioned securities will not be added to the MSCI Indexes as part of the November 2025 Index Review. Please note that the Index Review refreshed comparison reports published on November 05, 2025 already reflect this.

All changes for the November 2025 Index Review will be made as of the close of November 24, 2025 (effective November 25, 2025).

In the event the security does not trade on the implementation date of the deletion, MSCI would amend the deletion price from market price to lowest system price.


THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL SMALL CAP INDEXES

                                     End of announcement.
                                     Further announcements may occur as needed.