The NYSE FANG+ Index (Index) is a rules-based, equal-weighted equity benchmark designed to track
the performance of 10 highly-traded growth stocks of technology and tech-enabled companies in the
technology, media & communications and consumer discretionary sectors.
The Index undergoes a reconstitution quarterly after the close of the third Friday in March, June,
September and December. The reference date for all reconstitutions is the last Index Business Day of the
month preceding the reconstitution month. The reconstitution announcement date is the second Friday of
the reconstitution month. Information from the second Index Business Day preceding the third Friday of
the reconstitution month is used to convert the 10% constituent weights to Index constituent shares in the
quarterly reconstitutions.