Announcement for May 20, 2022 at 08:51 PM GMT

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

CONSULTATION ON INTRODUCING QUARTERLY COMPREHENSIVE INDEX REVIEWS FOR THE MSCI NON-MARKET CAPITALIZATION WEIGHTED INDEXES

(Re: Announcement sent on December 6, 2021)

MSCI Inc. (NYSE: MSCI), a leading provider of research-based indexes and analytics, launches a consultation on introducing Quarterly Comprehensive Index Reviews (QCIR) for the MSCI non-market capitalization weighted indexes. Under this proposal, below index methodologies would be rebalanced on a quarterly basis from the existing semi-annual rebalancing schedule:

- MSCI Adaptive Capped Indexes Methodology
- MSCI Equal Country Weighted Indexes Methodology
- MSCI Equal Sector Weighted Indexes Methodology
- MSCI Size Tilt Indexes Methodology

Additionally, MSCI Islamic Indexes Methodology is included with a proposal to change the Business Screening Review from annual (May) to quarterly.

Going forward, MSCI may evaluate additional non-market capitalization weighted indexes for QCIR as part of broader reviews and consultations for specific methodologies.

Details on the proposals are available at: https://www.msci.com/index-consultations

To participate in the consultation, please provide your feedback through an online survey available on: https://www.msci.com/index-consultations/QCIR

MSCI invites feedback from market participants regarding the consultation until June 24, 2022 and will announce the results of the consultation on or before July 15, 2022.

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

                                     End of announcement.
                                     Further announcements may occur as needed.