Announcement for November 12, 2025 at 09:18 PM GMT

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

ANNOUNCEMENT FOR THE MSCI JAPAN MULTIPLE-FACTOR ADVANCED INDEX

The rebalance of the MSCI Japan Multiple-Factor Advanced Index (MSCI Index Code: 716016) at the November 2025 Index Review will require an index-level ESG Score improvement of 18%, rather than 20%, in order to avoid excess turnover and likely infeasibility during the optimization process. The above change will only be applicable at the November 2025 Index Review.

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

                                     End of announcement.
                                     Further announcements may occur as needed.