Announcement for March 18, 2025 at 08:10 PM GMT

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

ANNOUNCEMENT FOR THE MSCI MOMENTUM TILT INDEXES METHODOLOGY AND MSCI MOMENTUM EU PAB INDEXES METHODOLOGY

Further to the February 14, 2025, announcement regarding enhancements to the MSCI Momentum Indexes methodology, MSCI will implement the following changes to the MSCI Momentum Tilt Indexes methodology and MSCI Momentum EU PAB Indexes methodology:

MSCI Momentum Tilt Indexes methodology:
- Rebalancing Frequency - Change the rebalancing frequency from semi-annually to quarterly.
- Turnover Mitigation - To balance the timely reflection of momentum factor exposure with controlled turnover, weight adjustments and additions will be implemented gradually, with only half of the change applied from the current weight to the pro-forma weight.

MSCI Momentum EU PAB Indexes methodology:
- Rebalancing Frequency - The rebalancing frequency will change from semi-annual to quarterly, with turnover limits adjusted per review to ensure the annual turnover budget remains unchanged. The turnover relaxation threshold and step will be adjusted proportionally.

All other aspects of MSCI Momentum Tilt Indexes methodology and MSCI Momentum EU PAB Indexes methodology will remain unchanged. MSCI will implement these enhancements for the MSCI Momentum Tilt Indexes and MSCI Momentum EU PAB Indexes starting from the August 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 Momentum Tilt Indexes and MSCI Momentum EU PAB Indexes prior to the implementation of the aforementioned enhancements.

We value your feedback and questions. If you would like to speak to a member of our team about any of the items in this communication, please submit a support ticket via the MSCI Online Case Management Portal https://msci.force.com/answers/s/contactsupport.

Alternatively, visit Contact Us https://www.msci.com/contact-us for other means to contact MSCI.

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

                                     End of announcement.
                                     Further announcements may occur as needed.