Common use of Index description Clause in Contracts

Index description. The Factor Index reflects price movements of the Reference Instrument with a leverage factor of 5. An increase in the price of the Reference Instrument since the most recent calculation of an Index Closing Value results in a positive change of the Factor Index as compared to the previous price of the Factor Index and vice versa. The Factor Index therefore reflects a "long" strategy. The Factor Index consists of a leverage component and a financing component. The leverage component tracks an investment in the Reference Instrument, whereby movements in the price of the Reference Instrument are multiplied by the Leverage (Factor). This leverage effect occurs with either positive or negative movements in the price of the Reference Instrument, having a disproportionate effect on the value of the Factor Index. For example (leaving aside the financing component): • An increase in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in an increase in the Factor Index by 5 x 2%; • A decrease in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in a decrease in the Factor Index by 5 x 2%.

Index description. The Factor Index reflects price movements of the Reference Instrument with a leverage factor of 5. An increase in the price of the Reference Instrument since the most recent calculation of an Index Closing Value results in a positive change of in the Factor Index as compared to the previous price of the Factor Index and vice vice-versa. The Factor Index therefore reflects a "long" strategy. The Factor Index consists of a leverage component and a financing component. The leverage component tracks an investment in the Reference Instrument, whereby movements in the price of the Reference Instrument are multiplied by the Leverage (Factor). This leverage effect occurs with either positive or negative movements in the price of the Reference Instrument, having a disproportionate effect on the value of the Factor Index. For example (leaving aside the financing component): • An increase in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in an increase in the Factor Index by 5 x 2%; • A decrease in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in a decrease in the Factor Index by 5 x 2%.

Index description. The Factor Index reflects price movements of the Reference Instrument with a leverage factor of 5. An increase in the price of the Reference Instrument since the most recent calculation of an Index Closing Value results in a positive change of in the Factor Index as compared to the previous price of the Factor Index and vice vice-versa. The Factor Index therefore reflects a "long" strategy. The Factor Index consists of a leverage component and a financing component. The leverage component tracks an investment in the Reference Instrument, whereby movements in the price of the Reference Instrument are multiplied by the Leverage (Factor). This leverage effect occurs with either positive or negative movements in the price of the Reference Instrument, having a disproportionate effect on the value of the Factor Index. For example (leaving aside the financing component): •  An increase in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in an increase in the Factor Index by 5 x 2%; •  A decrease in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in a decrease in the Factor Index by 5 x 2%.

Index description. The Factor Index reflects price movements of in the Reference Instrument with a leverage factor of 5. An increase A decrease in the price of the Reference Instrument since the most recent calculation of an Index Closing Clos- ing Value results in a positive change of in the Factor Index as compared to the previous price of the Factor Index and vice versa. The Factor Index therefore reflects replicates a "longshort" strategy. The Factor Index consists of a leverage component and a financing component. The leverage component inversely tracks an investment in the Reference Instrument, whereby movements move- ments in the price of the Reference Instrument are multiplied by the Leverage (Factorfactor). This leverage effect occurs with either positive or negative movements in the price of the Reference Instrument, having a disproportionate dis- proportionate effect on the value of the Factor Index. For example (leaving aside the financing component): • An increase in the price of the Reference Instrument (as compared to the most recent ad- justment) by 2% results in an decrease in the Factor Index by 5 x 2%; • A decrease in the price of the Reference Instrument (as compared to the most recent adjust- ment) by 2% results in an increase in the Factor Index by 5 x 2%; • A decrease in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in a decrease in the Factor Index by 5 x 2%.

Index description. The Factor Index reflects price movements of the Reference Instrument with a leverage factor of 52. An increase in the price of the Reference Instrument since the most recent calculation of an Index Closing Value results in a positive change of the Factor Index as compared to the previous price of the Factor Index and vice versa. The Factor Index therefore reflects a "long" strategy. The Factor Index consists of a leverage component and a financing component. The leverage component tracks an investment in the Reference Instrument, whereby movements in the price of the Reference Instrument are multiplied by the Leverage (Factor). This leverage effect occurs with either positive or negative movements in the price of the Reference Instrument, having a disproportionate effect on the value of the Factor Index. For example (leaving aside the financing component): • An increase in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in an increase in the Factor Index by 5 2 x 2%; • A decrease in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in a decrease in the Factor Index by 5 2 x 2%.

Index description. The Factor Index reflects price movements of the Reference Instrument with a leverage factor of 54. An increase in the price of the Reference Instrument since the most recent calculation of an Index Closing Value results in a positive change of the Factor Index as compared to the previous price of the Factor Index and vice versa. The Factor Index therefore reflects a "long" strategy. The Factor Index consists of a leverage component and a financing component. The leverage component tracks an investment in the Reference Instrument, whereby movements in the price of the Reference Instrument are multiplied by the Leverage (Factor). This leverage effect occurs with either positive or negative movements in the price of the Reference Instrument, having a disproportionate effect on the value of the Factor Index. For example (leaving aside the financing component): • An increase in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in an increase in the Factor Index by 5 4 x 2%; • A decrease in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in a decrease in the Factor Index by 5 4 x 2%.

Index description. The Factor Index reflects price movements of the Reference Instrument with a leverage factor of 53. An increase in the price of the Reference Instrument since the most recent calculation of an Index Closing Value results in a positive change of the Factor Index as compared to the previous price of the Factor Index and vice versa. The Factor Index therefore reflects a "long" strategy. The Factor Index consists of a leverage component and a financing component. The leverage component tracks an investment in the Reference Instrument, whereby movements in the price of the Reference Instrument are multiplied by the Leverage (Factor). This leverage effect occurs with either positive or negative movements in the price of the Reference Instrument, having a disproportionate effect on the value of the Factor Index. For example (leaving aside the financing component): •  An increase in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in an increase in the Factor Index by 5 3 x 2%; •  A decrease in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in a decrease in the Factor Index by 5 3 x 2%.

Index description. The Factor Index reflects price movements of the Reference Instrument with a leverage factor of 58. An increase in the price of the Reference Instrument since the most recent calculation of an Index Closing Value results in a positive change of the Factor Index as compared to the previous price of the Factor Index and vice versa. The Factor Index therefore reflects a "long" strategy. The Factor Index consists of a leverage component and a financing component. The leverage component tracks an investment in the Reference Instrument, whereby movements in the price of the Reference Instrument are multiplied by the Leverage (Factor). This leverage effect occurs with either positive or negative movements in the price of the Reference Instrument, having a disproportionate effect on the value of the Factor Index. For example (leaving aside the financing component): •  An increase in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in an increase in the Factor Index by 5 8 x 2%; •  A decrease in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in a decrease in the Factor Index by 5 8 x 2%.

Index description. The Factor Index reflects price movements of the Reference Instrument with a leverage factor of 52. An increase in the price of the Reference Instrument since the most recent calculation of an Index Closing Value results in a positive change of the Factor Index as compared to the previous price of the Factor Index and vice versa. The Factor Index therefore reflects a "long" strategy. The Factor Index consists of a leverage component and a financing component. The leverage component tracks an investment in the Reference Instrument, whereby movements in the price of the Reference Instrument are multiplied by the Leverage (Factor). This leverage effect occurs with either positive or negative movements in the price of the Reference Instrument, having a disproportionate effect on the value of the Factor Index. For example (leaving aside the financing component): •  An increase in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in an increase in the Factor Index by 5 2 x 2%; •  A decrease in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in a decrease in the Factor Index by 5 2 x 2%.

Index description. The Factor Index reflects price movements of the Reference Instrument with a leverage factor of 58. An increase in the price of the Reference Instrument since the most recent calculation of an Index Closing Value results in a positive change of the Factor Index as compared to the previous price of the Factor Index and vice versa. The Factor Index therefore reflects a "long" strategy. The Factor Index consists of a leverage component and a financing component. The leverage component tracks an investment in the Reference Instrument, whereby movements in the price of the Reference Instrument are multiplied by the Leverage (Factor). This leverage effect occurs with either positive or negative movements in the price of the Reference Instrument, having a disproportionate effect on the value of the Factor Index. For example (leaving aside the financing component): • An increase in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in an increase in the Factor Index by 5 8 x 2%; • A decrease in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in a decrease in the Factor Index by 5 8 x 2%.

Index description. The Factor Index reflects price movements of in the Reference Instrument with a leverage factor of 5. An increase A decrease in the price of the Reference Instrument since the most recent calculation of an Index Closing Clos- ing Value results in a positive change of in the Factor Index as compared to the previous price of the Factor Index and vice versa. The Factor Index therefore reflects replicates a "longshort" strategy. The Factor Index consists of a leverage component and a financing component. The leverage component inversely tracks an investment in the Reference Instrument, whereby movements move- ments in the price of the Reference Instrument are multiplied by the Leverage (Factorfactor). This leverage effect occurs with either positive or negative movements in the price of the Reference Instrument, having a disproportionate dis- proportionate effect on the value of the Factor Index. For example (leaving aside the financing component): •  An increase in the price of the Reference Instrument (as compared to the most recent ad- justment) by 2% results in an decrease in the Factor Index by 5 x 2%;  A decrease in the price of the Reference Instrument (as compared to the most recent adjust- ment) by 2% results in an increase in the Factor Index by 5 x 2%; • A decrease in the price of the Reference Instrument (compared to the most recent adjust- ment) by 2% results in a decrease in the Factor Index by 5 x 2%.