MSCI World Energy Small Cap Index (USD)

The MSCI World Energy Small Cap Index is designed to capture the small cap segments across 23 Developed Markets (DM) countries*. All securities in the index are classified in the Energy sector as per the Global Industry Classification Standard (GICS®).

CUMULATIVE INDEX PERFORMANCE — GROSS RETURNS (USD) ANNUAL PERFORMANCE (%)

(MAY 2007 – AUG 2021) MSCI World Year Energy MSCI World MSCI ACWI Small Cap Small Cap Small Cap MSCI World Energy Small Cap 2020 -30.47 16.47 16.83 300 MSCI World Small Cap 297.56 2019 -2.18 26.78 25.23 MSCI ACWI Small Cap 291.28 2018 -31.31 -13.48 -14.03 2017 -12.03 23.19 24.32 2016 36.99 13.25 12.10 200 2015 -37.30 0.12 -0.63 2014 -33.08 2.32 2.20 2013 16.45 32.92 29.18 2012 1.35 18.14 18.63 100 2011 -9.24 -8.71 -10.96 2010 34.81 26.57 26.71 2009 80.39 44.75 51.30 39.52 2008 -54.84 -41.60 -43.42 0 May 07 Aug 08 Oct 09 Dec 10 Feb 12 May 13 Jul 14 Sep 15 Nov 16 Jan 18 Apr 19 Jun 20 Aug 21

INDEX PERFORMANCE — GROSS RETURNS (%) (AUG 31, 2021) FUNDAMENTALS (AUG 31, 2021) ANNUALIZED Since 1 Mo 3 Mo 1 Yr YTD 3 Yr 5 Yr 10 Yr May 31, 2007 Div Yld (%) P/E P/E Fwd P/BV

MSCI World Energy Small Cap 0.11 -4.16 63.48 34.82 -16.24 -8.34 -9.68 -6.30 1.86 -11.85 11.06 1.32

MSCI World Small Cap 2.46 2.03 42.14 17.14 12.00 14.00 12.45 7.95 1.46 34.31 20.09 2.17

MSCI ACWI Small Cap 2.32 2.06 42.40 17.46 12.12 13.69 11.74 7.78 1.54 31.87 19.10 2.09

INDEX RISK AND RETURN CHARACTERISTICS (AUG 31, 2021) ANNUALIZED STD DEV (%) 2 SHARPE RATIO 2 , 3 MAXIMUM DRAWDOWN Turnover Since 1 3 Yr 5 Yr 10 Yr 3 Yr 5 Yr 10 Yr May 31, (%) Period YYYY-MM-DD (%) 2007

MSCI World Energy Small Cap 23.44 51.63 42.18 36.32 -0.10 -0.01 -0.11 -0.02 90.39 2014-06-23—2020-03-18

MSCI World Small Cap 13.33 23.07 18.27 16.35 0.55 0.74 0.76 0.45 61.08 2007-07-13—2009-03-09

MSCI ACWI Small Cap 15.25 22.90 18.11 16.28 0.56 0.73 0.72 0.44 60.51 2007-07-13—2009-03-09

1 Last 12 months 2 Based on monthly gross returns data 3 Based on ICE LIBOR 1M

* Developed Markets countries include: Australia, Austria, Belgium, , Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the UK and the US. The MSCI World Energy Small Cap Index was launched on Jun 05, 2007. Data prior to the launch date is back-tested data (i.e. calculations of how the index might have performed over that time period had the index existed). There are frequently material differences between back-tested performance and actual results. Past performance -- whether actual or back-tested -- is no indication or guarantee of future performance.

MSCI World Energy Small Cap Index (USD) | msci.com AUG 31, 2021

INDEX CHARACTERISTICS TOP 10 CONSTITUENTS MSCI World Energy Small Cap Country Float Adj Mkt Cap Index Number of 155 ( USD Billions) Wt. (%) DIAMONDBACK ENERGY US 13.25 4.80 Constituents Mkt Cap ( USD Millions) CORP US 9.27 3.36 Index 276,004.97 TARGA RESOURCES CORP US 9.04 3.27 Largest 13,251.04 PACIFIC LAND US 8.44 3.06 TOURMALINE OIL CORP CA 7.48 2.71 Smallest 151.33 APA CORPORATION US 7.34 2.66 Average 1,780.68 OVINTIV(US) US 7.08 2.57

Median 1,088.32 CIMAREX ENERGY CO US 6.60 2.39 CABOT OIL & GAS CORP US 6.35 2.30 NOV US 5.11 1.85 Total 79.97 28.97

SUB-INDUSTRY WEIGHTS COUNTRY WEIGHTS

12.69% 13.8% 15.18% 3.28% 9.5% 3.12% 2.81% 2.3% 2.8% 8.44% 0.32%

69.06% 56.7%

Oil & Gas Exploration & Production 56.7% Oil & Gas Equipment & Services 15.18% 69.06% Canada 13.8% 3.28% Australia 3.12%

Oil & Gas Storage & Transportation 12.69% Oil & Gas Refining & Marketing 9.5% Norway 2.3% Other 8.44%

Oil & Gas Drilling 2.81% Coal & Consumable Fuels 2.8% Integrated Oil & Gas 0.32%

INDEX METHODOLOGY The index is based on the MSCI Global Investable Market Indexes (GIMI) Methodology —a comprehensive and consistent approach to index construction that allows for meaningful global views and cross regional comparisons across all market capitalization size, sector and style segments and combinations. This methodology aims to provide exhaustive coverage of the relevant investment opportunity set with a strong emphasis on index liquidity, investability and replicability. The index is reviewed quarterly—in February, May, August and November—with the objective of reflecting change in the underlying equity markets in a timely manner, while limiting undue index turnover. During the May and November semi-annual index reviews, the index is rebalanced and the small capitalization cutoff points are recalculated.

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MSCI World Energy Small Cap Index (USD) | msci.com