Index Rules Amendment



The Index references the IND1CARC Index (the “ Underlying Index”), which tracks commodity futures contracts. In light of the market depths of some of these commodity futures contracts and to limit the Underlying Index market representativeness, Societe Generale, as Index Sponsor, amended the methodology of the Underlying Index on January 30, 2023 to reduce the exposure of the Underlying Index and the commodity exposure of certain commodities referenced by the Underlying Index, as outlined in the revised underlying index rules available upon request.