Announcement for September 07, 2021 at 08:27 PM GMT

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

CONSULTATION ON THE ELIGIBILITY OF THE MSCI PAKISTAN INDEX FOR THE MSCI FRONTIER MARKETS 100 INDEX AND MSCI FRONTIER MARKETS 15% COUNTRY CAPPED INDEX

MSCI announced today the launch of a consultation on the potential inclusion of the MSCI Pakistan Index to the MSCI Frontier Markets 100 Index and the MSCI Frontier Markets 15% Country Capped Index as part of the May 2022 Semi-Annual Index Review (SAIR). The results of this consultation will be announced coinciding with the February 2022 Quarterly Index Review.

This consultation does not, in any way, affect the reclassification of MSCI Pakistan Index to the MSCI Frontier Markets Index, which will take place in one step as part of the November 2021 SAIR.

In line with the methodologies for the MSCI Frontier Markets 100 Index and the MSCI Frontier Markets 15% Country Capped Index, new Frontier Markets may only become eligible for these indexes as part of a May SAIR, after public consultation.

MSCI has made available simulated lists of constituents and their weights in the MSCI Frontier Markets 100 and MSCI Frontier Markets 15% Country Capped Indexes. These are available on MSCI's website at: https://www.msci.com/index-consultations

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

                                     End of announcement.
                                     Further announcements may occur as needed.