WIXLIB

FTSE Russell’s complaints procedure can be accessed using the following link:Benchmark Determination Complaints Handling Policy.pdfFTSE Russell’s appeal process can be accessed using the following link:Appeals Against Decisions.pdf3.5Index Policy for Trading Halts and Market Closures3.5.1Guidance for the treatment of index changes in the event of trading halts or market closures can befound using the following link:Index Policy for Trading Halts and Market Closures.pdf3.6Index Policy in the Event Clients are Unable to Trade a Market or a Security3.6.1Details of FTSE Russell’s treatment can be accessed using the following link:Index Policy in the Event Clients are Unable to Trade a Market or a Security.pdf3.7Recalculation Policy and Guidelines3.7.1The FTSE Global Equity Index Series are recalculated whenever errors or distortions occur that aredeemed to be significant. Users of the FTSE Global Equity Index Series are notified throughappropriate media.For further information refer to the FTSE Russell Recalculation Policy and Guidelines document whichis available from the FTSE Russell website using the link below or by contactinginfo@ftserussell.com.Equity Index Recalculation Policy and Guidelines.pdf3.8Policy for Benchmark Methodology Changes3.8.1Details of FTSE Russell’s policy for making benchmark methodology changes can be accessed usingthe following link:Policy for Benchmark Methodology Changes.pdf3.9FTSE Russell Governance Framework3.9.1To oversee its indices, FTSE Russell employs a governance framework that encompasses product,service and technology governance. The framework incorporates the London Stock ExchangeGroup’s three lines of defence risk management framework and is designed to meet the requirementsof the IOSCO Principles for Financial Benchmarks2, the European benchmark regulation3 and the UKbenchmark regulation4.The FTSE Russell Governance Framework can be accessed using thefollowing link:FTSE Russell Governance Framework.pdf2IOSCO Principles for Financial Benchmarks Final Report, FR07/13 July 2013Regulation (EU) 2016/1011 of the European Parliament and of the Council of 8 June 2016 on indices used as benchmarks in financialinstruments and financial contracts or to measure the performance of investment funds4The Benchmarks (Amendment and Transitional Provision) (EU Exit) Regulations 20193FTSE Russell An LSEG Business FTSE UK Index Series, v15.5 June 20228 of 36

Section 4Security Inclusion Criteria4.0Security Inclusion Criteria4.1Eligible Securities4.1.1Only Premium Listed Equity Shares, as defined by the Financial Conduct Authority in its Listing RulesSourcebook, which have been admitted to trading to the London Stock Exchange with a Sterlingdenominated price on SETS are eligible for inclusion in the FTSE UK Index Series.4.1.2Eligible securities are required to pass screens as detailed in Section 6 before being included in theFTSE UK Index Series (see Section 6).4.1.3All securities are assigned a nationality in accordance with the rules as set out in Section 5.4.1.4Multiple LinesQuarterly ReviewWhere there are multiple lines of listed equity capital in a company, all are included and pricedseparately, provided that the secondary line’s full market capitalisation (i.e. before the application ofany investability weightings), is greater than 25% of the full market capitalisation of the company’sprincipal line and the secondary line satisfies the eligibility rules and screens in its own right in allrespects (including the minimum market capitalisation screen, see rule 8.3.5).Should the investable market capitalisation of a secondary line, which is already a constituent of theFTSE All-Share Index, fall below the minimum investable market capitalisation threshold for twoconsecutive quarters, it will be deleted from the relevant index at that review.Annual ReviewShould the full market capitalisation of a secondary line, which is already a constituent of the FTSEAll-Share Index, fall below 20% of the full market capitalisation of the company’s principal line at anannual review, the secondary line will be deleted from the relevant index unless its full marketcapitalisation remain above the qualification level for continued inclusion as a constituent of the FTSEAll-Share Index at that review.Should the investable market capitalisation of a secondary line, which is already a constituent of theFTSE All-Share Index, fall below the minimum investable market capitalisation threshold for twoconsecutive quarters, it will be deleted from the relevant index at that review.FTSE Russell An LSEG Business FTSE UK Index Series, v15.5, June 20229 of 36

Note: There is no minimum qualification level for the FTSE Fledgling, therefore should the full marketcapitalisation of a secondary line, which is already a constituent of the FTSE Fledgling Index, fallbelow 20% of the full market capitalisation of the company’s principal line at an annual review, thesecondary line will remain in the index subject to continuing to satisfy the eligibility rules and screensin its own right in all respects.For the avoidance of doubt, there is no minimum investable market capitalisation requirement for theFTSE Fledgling Index.FTSE Russell An LSEG Business FTSE UK Index Series, v15.5 June 202210 of 36

4.1.5Partly Paid SharesWhere a company's shares are issued partly, or nil, paid and the call dates are already determinedand known, the market price will, for the purposes of calculating its market capitalisation, be adjustedso as to include all such calls (i.e. the fully paid price).4.2Ineligible Securities4.2.1The following investment entities are regarded as ineligible: Companies whose business is classified by the Industry Classification Benchmark as Open Endand Miscellaneous Investment Vehicles (30205000). This includes Split Capital Investment Trustswhere instead of the use of a single class of ordinary share, the structure is split into separateincome and capital classes in which the two (or more) classes have different residual entitlementsto assets and/or income after meeting the requirements of any other classes or borrowings (note:this does not include Split Capital Trusts with ordinary shares accompanied by zero dividendpreference shares, whereby the ordinary share remains eligible in the same manner as aconventional Investment Trust); Venture Capital Trusts (VCTs); Convertible preference shares and loan stocks will be excluded until converted into eligible EquityShares. Where a unit comprises equity and non-equity it will not be eligible for inclusion.FTSE Russell An LSEG Business FTSE UK Index Series, v15.5 June 202211 of 36

Section 5Determining Nationality5.0Nationality5.1.1A company will be allocated to a single country. A company that has been assigned UK nationality byvirtue of these Ground Rules will also be assigned UK nationality in the FTSE Global Equity IndexSeries. However, a company assigned UK nationality under the FTSE Global Equity Index Series willnot be automatically eligible for UK nationality under these rules.5.1.2If a company is UK incorporated, FTSE will allocate the company UK nationality provided: 5.1.3If a company is not incorporated in the UK, the company must meet the following conditions in orderto be considered eligible for UK Nationality assignment: 5.1.4The company has its sole listing in the UK.The company has a minimum free float of 10%5The company must publicly acknowledge adherence to the principles of the UK CorporateGovernance Code, pre-emption rights and the UK Takeover Code as far as practicable.The company must have a minimum free float of 25%5.In circumstances other than those of Rule 5.1.2, FTSE will base its recommendation on itsassessment of various factors including, but not necessarily limited to, the following: The investor protection regulations present in the country of incorporation;The country in which the company is domiciled for tax purposes;The location of its factors of production;The location of its headquarters;The location of company meetings;The composition of its shareholder base;The membership of its board of directors;The currency denomination of the company’s shares;The perception of investors.In certain circumstances, outlined in Rules 5.1.5 to 5.1.8, consideration will also be given to therelative liquidity of trading in those countries where the company’s shares trade. In calculating theliquidity associated with a country, trading volumes will be amalgamated from all venues which haveadmitted the shares to trading based on a listing conferred by that country’s listing authority. Trades5For the purposes of Rules 5.1.2 and 5.1.3, the calculation of the minimum free float will be based on the ordinary share capital issued bythe company and may include shares that would otherwise be excluded solely because they are subject to a lock-in clause of twelvemonths or less from their first day of trading, but that would in all other respects be considered part of a company’s free float.FTSE Russell An LSEG Business FTSE UK Index Series, v15.5, June 202212 of 36

taking place on multi-lateral trading facilities will be included in the calculation and assigned to thecountry that conferred the listing to the company provided that the country of listing and the multilateral trading facility operate within a similar time zone.5.1.5If a company is incorporated in the UK, has a listing in the UK and listings in other countries on aneligible exchange (as classified within the FTSE Global Equity Index Series), FTSE will normallyassign the country to the UK provided the liquidity in the UK passes FTSE’s liquidity test for indexinclusion.5.1.6If a company is incorporated in a developed country other than the UK, is listed on an eligibleexchange in that country and in the UK (and potentially other developed countries), FTSE willnormally only assign UK nationality if the company fails FTSE’s liquidity tests in its country ofincorporation, passes the liquidity tests in the UK, and liquidity is higher in the UK than any othercountry.5.1.7If a company is incorporated in a developed country other than the UK, has no listing in that countrybut is listed in the UK and potentially other countries on an eligible exchange, FTSE will normally onlyassign UK nationality if liquidity is highest in the UK.5.1.8If a company is incorporated in a country other than a developed country, it will not be eligible for UKnationality unless the country of incorporation is a country that is internationally recognised as havinga low taxation status and that has been approved by FTSE. For companies incorporated in approvedlow taxation countries, FTSE may assign UK nationality if liquidity in the UK is higher than in any othercountry. A current list of the approved low taxation jurisdictions can be accessed using the followinglink:Low Taxation Jurisdictions.pdf5.1.9Once a company has been assigned a UK nationality by virtue of the liquidity tests in Rules 5.1.6 to5.1.8, if it subsequently fails the liquidity test in the UK, or if there is a country with greater liquidity fortwo consecutive annual reviews, FTSE will review the company’s nationality assignment.5.1.10 Other than meeting the conditions of Rule 5.1.2 or 5.15, should a company make a change to itscircumstances (such as a change in incorporation or adoption of an additional listing), FTSE maydefer the consideration of whether to change a company’s nationality assignment for a minimumperiod of three months up to a maximum period of up to 12 months; this will allow FTSE to properlyassess the subsequent evolution of its trading liquidity and of the other criteria listed in Rule 5.1.4. Iffollowing such an assessment period, FTSE decides to change a company’s nationality assignment,the change will become effective at the index quarterly review following publication of the decision.5.2Where a company’s nationality has been determined as UK, if the shares are traded in CDI form(Crest Depository Interest), the CDI will be considered as eligible subject to meeting all other indexeligibility criteria.FTSE Russell An LSEG Business FTSE UK Index Series, v15.5 June 202213 of 36

Section 6Screens Applied to Eligible Securities6.0Screens Applied to Eligible Securities6.1Eligible securities are required to pass the following screens before being added to the FTSE UKIndex Series.6.2PriceThere must be an accurate and reliable price for the purposes of determining the market value of acompany.6.3Minimum Voting Rights6.3.1Companies assigned a developed market nationality are required to have greater than 5% of thecompany’s voting rights (aggregated across all of its equity securities, including, where identifiable,those that are not listed or trading) in the hands of unrestricted shareholders or they will be deemedineligible for index inclusion.The voting rights screen is applied to any potential new constituents on a quarterly basis, and existingconstituents will be tested on an annual basis in conjunction with the June review.6.3.2The minimum voting rights screen was introduced in 2017, at the time any existing constituents with adeveloped market nationality who did not meet the above requirement were afforded a five yeargrandfathering period to comply. If subsequently they continue to fail the minimum voting rightsscreen they will be removed from FTSE Russell indices at the September 2022 review.6.3.3The percentage of a company’s voting rights in public hands is calculated as:The number of votes in the hands of shareholders that are unrestricted as determinedby the application of FTSE Russell free float definitionsThe total number of votes conferred by the shares oustanding of all the company ′ svoting securities including those that have not been admitted to trading on a regulated venueFor example, Company A has 100m listed Class A shares each conferring one vote, free float is65%. It also has 300m unlisted Class B shares each conferring 10 votes.The test to assess whether the listed Class A line has the required greater than 5% of the company’svoting rights is as follows:FTSE Russell An LSEG Business FTSE UK Index Series, v15.5, June 202214 of 36

65m (i. e. 100m Class A voting rights 65% float)3.1bn (i. e. 100m Class A 3bn Class B) 2.097% of the company ′ s voting rights in public hands6.3.4For a company with a Dual Class Share Structure (DCSS) which is subject to a five -year sunsetclause, and where the enhanced voting line is specifically referred to as Specified Weighted VotingRights shares (SWVRs), the SWVRs will generally be deemed to confer one vote per share for thepurposes of the minimum voting rights test (see illustrative example below). However, if FTSERussell becomes aware that a change in control has occurred which has triggered the enhancedvoting power on all matters, in accordance with the SWVR guidelines as defined by the FCA, theenhanced voting ratio will be used for the purposes of the test (see rule 6.3.3). Any constituentconsequently deemed to be failing the voting rights’ requirement as a result of increased votingpower, will be removed from the UK Series in conjunction with the following quarterly index review.Illustrative example:Company A has 100m Premium listed Ordinary shares each conferring one vote with a free float of100%. It also has 25m unlisted Specified Weighted Voting Rights Shares each conferring one vote(except in specific circumstances where each share confers 20 votes).For the purposes of the minimum voting rights test, the 25m unlisted Specified Weighted VotingRights Shares are deemed to confer one vote per share.(100m Ord shares x 100% float x 1 voting right) (25m x 1 voting right)100m / 125m 80% of the company's voting rights are in public hands6.4Investability WeightingsA. Initial WeightingConstituents of the FTSE UK Index Series are adjusted for free float and foreign ownership limits(where applicable to UK investors).Free float is calculated using available published information rounded to 12 decimal places.To be eligible for inclusion in the FTSE UK Index Series, a security must have a minimum freefloat of 10% if the issuing company is UK incorporated and a minimum free float of 25% if it isnon-UK incorporated.However, a new company may be initially included in the FTSE UK Index Series with a free floatbelow the above parameters (provided it is above 5%*) where the free float is expected to meetthe minimum requirements within 12 months of the company’s first day of trading (refer to Rules5.1.2 and 5.1.3).*New companies with an initial free float of 5% or below are not eligible for inclusion in the FTSEUK Index Series.Details on free float restrictions can be accessed using the following link:Free Float Restrictions.pdf6.5Foreign Ownership Restrictions and Minimum Headroom Requirement6.5.1For the avoidance of doubt, a security which restricts the number of shares that a UK investor canhold may be included in the FTSE UK Index Series with an investability weight equal to the ForeignOwnership Limit (see Foreign Ownership Restrictions and Minimum Foreign Headroom RequirmentFTSE Russell An LSEG Business FTSE UK Index Series, v15.5 June 202215 of 36

Rule B). However, the actual calculated free float will be referenced to determine if the security meetsthe minimum free float criteria for index eligibility. For example, Company A (non-UK incorporated)has a calculated free float of 62% and a Foreign Ownership Limit (which imposes a limit on UKinvestors) of 49%. Company A is deemed to meet the minimum free float requirement but will beincluded in the index with an investability weight of 49%.Further details of the Foreign Ownership Restrictions can be accessed using the following link:FTSE UK Index Series - Foreign Ownership Restrictions andMInimum Foreign Headroom Requirement.pdf6.6SizeIn order to determine index membership, all companies with eligible securities will be ranked by theirfull market capitalisation (i.e. before the application of any investability weightings).Only the listed equity shares of a constituent company will be included in the calculation of its marketcapitalisation.Where a company has two or more classes of listed equity shares, the secondary lines will beincluded in the calculation of the market capitalisation of the company, based on the market price ofthat secondary line.For the avoidance of doubt, for companies with a dual class share structure, the unlisted specifiedweighted voting rights shares will not be included in the calculation of the company’s full marketcapitalisation for ranking purposes.6.7LiquidityFor full details of the liquidity screening please refer to the FTSE UK Index Series - Guide toCalculation Method for the Median Liquidity Test which can be accessed using the following link:Guide to Calculation Methods for UK Liquidity.pdfFTSE Russell An LSEG Business FTSE UK Index Series, v15.5 June 202216 of 36

Section

FTSE Russell An LSEG Business FTSE UK Index Series, v15.5, June 2022 5 of 36 Section 2 Management Responsibilities 2.0 Management Responsibilities 2.1 FTSE International Limited (FTSE) 2.1.1 FTSE is the benchmark administrator of the index series.1 2.1.2 FTSE is responsible for the daily calculation, production and operation of the FTSE UK Index Series