{"annotation_id":"7c580ebc-eb5e-4308-a39e-4284dca502b0","file_hash":"1dcf7c6b4317b2894ec02bc5b97481194b6fd90d26ed94c3182fe2a09ea14873","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"d1403381-8b9b-470c-af3b-38cc82440b7e","block_type":"box","text":"State Street Global Aggregate Bond","page_number":1,"box":{"x":51,"y":71,"width":620,"height":23}},{"id":"6cd3f8f9-d338-4cb6-9064-80b142a30490","block_type":"box","text":"Index Fund - I","page_number":1,"box":{"x":52,"y":105,"width":225,"height":19}},{"id":"01978d5b-d7d4-4a6e-866c-ebe38c7b6a50","block_type":"box","text":"Asset Class","page_number":1,"box":{"x":754,"y":46,"width":58,"height":6}},{"id":"852bd34a-6aff-4be5-957d-89d3d690a61d","block_type":"box","text":"Fixed Income","page_number":1,"box":{"x":754,"y":62,"width":71,"height":5}},{"id":"d254a91e-a03b-45ec-9251-ac60ec1f3061","block_type":"box","text":"Fund Identifier","page_number":1,"box":{"x":754,"y":92,"width":72,"height":6}},{"id":"af80783a-68f7-4f7b-9e72-5fcfeaf9d12b","block_type":"box","text":"LU0438093188","page_number":1,"box":{"x":754,"y":107,"width":83,"height":6}},{"id":"f02a3055-5fb3-48e0-9df4-200e48d7b211","block_type":"box","text":"As of 31 Aug 2026","page_number":1,"box":{"x":753,"y":138,"width":95,"height":7}},{"id":"85269c59-24b8-4b17-90c7-081e982bdd81","block_type":"box","text":"Unless otherwise stated in the fund's governing legal documents, the metrics referred to in this report do not form part of the investment objectives or","page_number":1,"box":{"x":51,"y":174,"width":884,"height":9}},{"id":"ce38bc51-65fb-40e6-bdf7-5c15a23ef269","block_type":"box","text":"investment policy of the fund. The provision of the information in this report should not be construed as a representation of the fund’s current or future","page_number":1,"box":{"x":51,"y":187,"width":888,"height":9}},{"id":"41ab1047-afe7-49cb-a03f-b805a99013e9","block_type":"box","text":"investment objective, nor its sustainable characteristics. It should not be viewed as an indicator of the fund manager’s current or future investment","page_number":1,"box":{"x":51,"y":200,"width":866,"height":9}},{"id":"2b414384-531b-4eb2-bdb4-e3220ec847cf","block_type":"box","text":"decision-making. Please refer to the fund’s governing legal documents for further information with respect to the fund, including its investment","page_number":1,"box":{"x":50,"y":213,"width":842,"height":9}},{"id":"3aea121c-a0a0-42fb-8f89-8d861ffcd126","block_type":"box","text":"objectives and investment policy and any sustainable characteristics it may promote or target.","page_number":1,"box":{"x":50,"y":226,"width":560,"height":8}},{"id":"baa93743-601a-4676-b6f9-c5e48fefd897","block_type":"box","text":"Climate Metrics","page_number":1,"box":{"x":51,"y":274,"width":225,"height":16}},{"id":"bdacc5ce-c01b-4d59-b9e5-4b0b651db61f","block_type":"box","text":"Source: State Street Investment Management, MSCI, CBI, Task Force on Climate-related Financial Disclosures. Holdings as of 31 Aug 2026, sustainability data as of 31 Jul 2026.","page_number":1,"box":{"x":50,"y":307,"width":869,"height":8}},{"id":"69bdb13e-54a0-4e26-a62b-f9c839bed6bc","block_type":"box","text":"See Glossary for detailed calculation notes such as missing data treatment, data lag and exclusions. The results are estimates based on assumptions and analysis made by State","page_number":1,"box":{"x":50,"y":321,"width":875,"height":7}},{"id":"9bbb4333-da74-4708-9e2f-885fdb7f0395","block_type":"box","text":"Street Investment Management. They are not intended to represent actual results of any offering.","page_number":1,"box":{"x":50,"y":332,"width":481,"height":7}},{"id":"9d460f51-9924-48b8-aa2f-c99f592c8034","block_type":"box","text":"Actual results may differ.","page_number":1,"box":{"x":50,"y":346,"width":123,"height":7}},{"id":"442321c3-8edd-46df-aade-bcd184d6bb9d","block_type":"box","text":"Companies with SBTi","page_number":1,"box":{"x":50,"y":377,"width":164,"height":10}},{"id":"7c35ec8d-fe8d-40a9-82bd-8b694c9978b7","block_type":"box","text":"Approved Targets","page_number":1,"box":{"x":50,"y":392,"width":138,"height":10}},{"id":"0c894e2c-5eea-481a-a9dc-1848c806ec86","block_type":"box","text":"Potential Emissions","page_number":1,"box":{"x":284,"y":378,"width":146,"height":8}},{"id":"abf6f877-f154-47f8-8bad-bf9119eea461","block_type":"box","text":"7.80%","page_number":1,"box":{"x":104,"y":415,"width":51,"height":8}},{"id":"6a5ff27f-51ce-49eb-a2b1-417e63ab5ebc","block_type":"box","text":"0.17","page_number":1,"box":{"x":338,"y":415,"width":40,"height":8}},{"id":"6951869d-5e99-47d4-a474-a2711ef385b9","block_type":"box","text":"ktCO2-eq per $mn invested","page_number":1,"box":{"x":338,"y":431,"width":111,"height":7}},{"id":"e9eb2ba2-c13e-4b64-8210-bcd94977f375","block_type":"box","text":"Green/Fossil Fuel","page_number":1,"box":{"x":50,"y":463,"width":134,"height":9}},{"id":"8b30db1b-e20f-4c15-b97a-e2a3a365d761","block_type":"box","text":"Based Revenue Ratio","page_number":1,"box":{"x":51,"y":478,"width":157,"height":8}},{"id":"4b7c4a58-9dde-4e15-8356-32e388996efd","block_type":"box","text":"Green Bonds","page_number":1,"box":{"x":284,"y":463,"width":96,"height":8}},{"id":"63058da8-8ed3-4cbd-bfa8-3e0237509be6","block_type":"box","text":"0.17","page_number":1,"box":{"x":104,"y":501,"width":40,"height":8}},{"id":"9581ff9c-cba0-42d4-8445-f06e69d86263","block_type":"box","text":"2.34%","page_number":1,"box":{"x":338,"y":501,"width":51,"height":8}},{"id":"2300de21-5235-4587-92a1-f9454964e500","block_type":"box","text":"Brown Revenues","page_number":1,"box":{"x":51,"y":549,"width":125,"height":8}},{"id":"6f527edb-a72a-4c9f-941e-3272d21883cd","block_type":"box","text":"Low Carbon Transition","page_number":1,"box":{"x":284,"y":549,"width":175,"height":8}},{"id":"c6248412-26de-4a77-8a92-afc238fa719d","block_type":"box","text":"Score","page_number":1,"box":{"x":284,"y":563,"width":43,"height":9}},{"id":"155e49f7-fec5-4029-8715-c3205efb6fbe","block_type":"box","text":"5.87%","page_number":1,"box":{"x":105,"y":587,"width":50,"height":8}},{"id":"2f8a6334-fa1c-4b9e-9f3a-f8de8ea9db0e","block_type":"box","text":"5.64","page_number":1,"box":{"x":338,"y":587,"width":40,"height":8}},{"id":"482ea2f8-074c-4d42-bb91-be3dce94dc0f","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":51,"y":616,"width":93,"height":7}},{"id":"b994b2aa-853d-41ae-8996-9bc28e8846f1","block_type":"box","text":"29.20%","page_number":1,"box":{"x":182,"y":617,"width":46,"height":6}},{"id":"d7d5ddd0-42e5-4ac8-926c-06a4cf66cda7","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":284,"y":616,"width":93,"height":7}},{"id":"f58a6e93-4031-454e-b9d3-6214440ed311","block_type":"box","text":"28.77%","page_number":1,"box":{"x":416,"y":617,"width":45,"height":6}},{"id":"79bbea1f-b638-4cbc-b426-ad585b0adb1c","block_type":"box","text":"Implied Temperature","page_number":1,"box":{"x":51,"y":648,"width":162,"height":10}},{"id":"c12f51d8-052b-4a9e-b401-65ad61ebfbf8","block_type":"box","text":"Rise (°C)","page_number":1,"box":{"x":51,"y":663,"width":64,"height":9}},{"id":"9b111457-9e8f-4ba9-b97c-e36273755fcd","block_type":"box","text":"2.36","page_number":1,"box":{"x":105,"y":687,"width":39,"height":8}},{"id":"e2f76df1-65e2-44e2-985e-ef19cc378675","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":51,"y":716,"width":93,"height":7}},{"id":"3e2d3ab9-61b9-4482-8708-aa1e7711537e","block_type":"box","text":"17.76%","page_number":1,"box":{"x":183,"y":717,"width":45,"height":6}},{"id":"18b4ec82-ec39-4ebe-b340-cca688f90f47","block_type":"box","text":"Carbon Footprint","page_number":1,"box":{"x":50,"y":747,"width":133,"height":10}},{"id":"5a2afa3d-35e3-4912-99a2-1a30f836ceb4","block_type":"box","text":"(t CO2e/$M EVIC)","page_number":1,"box":{"x":184,"y":750,"width":76,"height":6}},{"id":"7ad4e345-3e3b-48ab-8143-9016a99dec9f","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":318,"y":766,"width":41,"height":6}},{"id":"d5a208c3-177c-4698-9733-35426d0960ea","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":390,"y":766,"width":93,"height":8}},{"id":"8b2ffe79-65e5-47ef-9438-2b3fa4afbb19","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":50,"y":780,"width":37,"height":8}},{"id":"45b75fbc-0084-487e-b8f3-99dc712cee51","block_type":"box","text":"26.37","page_number":1,"box":{"x":322,"y":782,"width":37,"height":5}},{"id":"093ed745-ccba-434f-b5cb-dc9239df9fc2","block_type":"box","text":"28.96%","page_number":1,"box":{"x":438,"y":782,"width":45,"height":5}},{"id":"d897055e-2333-4470-852c-cd4b7215ee6b","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":50,"y":797,"width":41,"height":7}},{"id":"4265e230-af26-44d2-92a0-7b57d6c3c02b","block_type":"box","text":"5.05","page_number":1,"box":{"x":330,"y":798,"width":29,"height":6}},{"id":"fc4f4827-9c23-43bc-86d1-65c0e7d262c2","block_type":"box","text":"28.96%","page_number":1,"box":{"x":438,"y":798,"width":45,"height":6}},{"id":"cbfb65ab-ee87-421d-aaef-72b78412e795","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":50,"y":814,"width":41,"height":7}},{"id":"2ff4ccea-ddb1-4648-9066-dfea0fea4dbc","block_type":"box","text":"242.25","page_number":1,"box":{"x":314,"y":815,"width":45,"height":6}},{"id":"29055635-8cd4-49bc-ba35-eddc1be3e4f5","block_type":"box","text":"28.92%","page_number":1,"box":{"x":438,"y":815,"width":45,"height":6}},{"id":"6d5abfc8-c047-4e95-aaf3-cea0b0093b7d","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":50,"y":830,"width":52,"height":7}},{"id":"5b450de1-b668-4038-85e1-2750e44ba174","block_type":"box","text":"31.43","page_number":1,"box":{"x":322,"y":831,"width":37,"height":6}},{"id":"dde99e54-7c40-4981-ba5a-31de90b093f2","block_type":"box","text":"28.96%","page_number":1,"box":{"x":438,"y":831,"width":45,"height":6}},{"id":"b546dfb2-908e-4a76-ad55-c83106502b87","block_type":"box","text":"Scope 1+2+3","page_number":1,"box":{"x":50,"y":847,"width":66,"height":7}},{"id":"cd49da2b-1e1b-42de-8ee8-bc5002a0b227","block_type":"box","text":"281.20","page_number":1,"box":{"x":314,"y":848,"width":45,"height":6}},{"id":"6a939a99-ef04-44f1-9667-382b0965bd94","block_type":"box","text":"28.59%","page_number":1,"box":{"x":438,"y":848,"width":45,"height":6}},{"id":"bde4fbf0-b6b5-43e4-9e75-34786db7ac99","block_type":"box","text":"Total Carbon Emissions","page_number":1,"box":{"x":516,"y":378,"width":177,"height":8}},{"id":"eda8f7ba-b0d2-4015-9a3f-f9b6550007e1","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":401,"width":42,"height":6}},{"id":"54b68519-00f1-45a4-8295-5b04817f331a","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":401,"width":93,"height":8}},{"id":"aca8fd06-6772-4bd1-b301-6afa72ec5ecf","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":516,"y":415,"width":37,"height":8}},{"id":"bf4d548b-ae24-4cc3-88b6-05e335eebd8a","block_type":"box","text":"18,523.64","page_number":1,"box":{"x":773,"y":417,"width":68,"height":7}},{"id":"c9a050e2-07d6-4491-8bed-8ff0bed9eb3d","block_type":"box","text":"28.96%","page_number":1,"box":{"x":903,"y":417,"width":45,"height":6}},{"id":"55c33808-e930-40d8-89aa-a5623865ee6c","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":516,"y":432,"width":40,"height":7}},{"id":"c4e3a18d-35bb-4820-a29f-bb8fd3079cb2","block_type":"box","text":"3,547.11","page_number":1,"box":{"x":780,"y":433,"width":61,"height":8}},{"id":"87ef707f-8e20-464e-85b4-11aaafb5e5d1","block_type":"box","text":"28.96%","page_number":1,"box":{"x":903,"y":433,"width":45,"height":6}},{"id":"59f4819e-a6ac-4950-9f54-4443f37b0375","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":516,"y":449,"width":40,"height":7}},{"id":"511457c3-b21b-489b-8fba-501456cec239","block_type":"box","text":"169,894.25","page_number":1,"box":{"x":765,"y":450,"width":75,"height":7}},{"id":"4a6a4faf-cdb4-456b-8eb5-3e073974a9f8","block_type":"box","text":"28.92%","page_number":1,"box":{"x":903,"y":450,"width":45,"height":6}},{"id":"5e30c1dd-7b25-41b2-837e-c328dfa98c97","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":516,"y":465,"width":51,"height":8}},{"id":"b3e1114c-b665-44be-a446-b1475d05c1b5","block_type":"box","text":"22,071.14","page_number":1,"box":{"x":772,"y":467,"width":69,"height":7}},{"id":"24b0f088-10b1-4fc9-832b-f02cd7c5e84c","block_type":"box","text":"28.96%","page_number":1,"box":{"x":903,"y":467,"width":45,"height":5}},{"id":"b31e8e6d-9e71-44e0-81d4-e75dac9e683d","block_type":"box","text":"Weighted Average Carbon Intensity","page_number":1,"box":{"x":515,"y":509,"width":271,"height":10}},{"id":"ed45fb86-e6b0-44ba-aab9-73d5f009eec2","block_type":"box","text":"(t CO2e/$M Sales)","page_number":1,"box":{"x":787,"y":512,"width":77,"height":6}},{"id":"0eb54c89-6212-4eda-aa8d-de3bbaa3b093","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":533,"width":42,"height":5}},{"id":"253f6f70-3b86-41dd-80dd-ff6012d7f50c","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":533,"width":93,"height":7}},{"id":"67851540-e36f-43fe-8328-68fbedf635ea","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":516,"y":547,"width":37,"height":7}},{"id":"16ed8bc0-34b6-451c-8f09-e8db9cb413e3","block_type":"box","text":"86.39","page_number":1,"box":{"x":803,"y":548,"width":37,"height":6}},{"id":"43cc78df-093f-4402-adcc-6014ee3a81e3","block_type":"box","text":"29.20%","page_number":1,"box":{"x":903,"y":548,"width":45,"height":6}},{"id":"c7a26580-ee8c-4457-806b-32304a5f7c5d","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":516,"y":563,"width":40,"height":7}},{"id":"fbe2cb18-fa38-479f-ab92-069d7121c4c4","block_type":"box","text":"15.36","page_number":1,"box":{"x":803,"y":564,"width":38,"height":6}},{"id":"4c767a08-cd57-4cdd-aca8-b21fac97ae67","block_type":"box","text":"29.20%","page_number":1,"box":{"x":903,"y":564,"width":45,"height":6}},{"id":"79029dbb-5230-4261-9a03-326bae2f6a63","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":516,"y":580,"width":40,"height":7}},{"id":"43755ce8-915f-4ab4-a4d0-d99b690a1652","block_type":"box","text":"943.49","page_number":1,"box":{"x":795,"y":581,"width":45,"height":6}},{"id":"a1fd77cb-2578-44d4-8ec8-47a2e8c7c67b","block_type":"box","text":"29.16%","page_number":1,"box":{"x":903,"y":581,"width":45,"height":6}},{"id":"4323f4e4-00d4-4f88-81b0-555aab5ebdfe","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":516,"y":597,"width":51,"height":7}},{"id":"60569cf9-49fe-46c7-bd0a-2dde793e062b","block_type":"box","text":"101.72","page_number":1,"box":{"x":796,"y":598,"width":44,"height":6}},{"id":"48531137-e2ca-42ca-8665-3bb3168de12a","block_type":"box","text":"29.20%","page_number":1,"box":{"x":903,"y":598,"width":45,"height":6}},{"id":"9ae3fcad-44d7-4dce-9e8e-4c7232df3071","block_type":"box","text":"Scope 1+2+3","page_number":1,"box":{"x":516,"y":613,"width":66,"height":7}},{"id":"4a22d404-e167-4069-8041-410b80cf7bb3","block_type":"box","text":"1,047.84","page_number":1,"box":{"x":780,"y":614,"width":61,"height":8}},{"id":"90abee17-fde4-4e39-a154-5615663a54a7","block_type":"box","text":"29.16%","page_number":1,"box":{"x":903,"y":614,"width":45,"height":6}},{"id":"3c16621d-f7e8-459f-9c33-4246e3e6b19e","block_type":"box","text":"Climate Value at Risk","page_number":1,"box":{"x":516,"y":656,"width":189,"height":9}},{"id":"b33077e3-855f-4572-ace3-f1b969533a9f","block_type":"box","text":"Policy Risk VaR","page_number":1,"box":{"x":516,"y":681,"width":82,"height":7}},{"id":"eecef300-306a-4645-90f7-0b346c3ad83c","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":681,"width":42,"height":6}},{"id":"713c7254-c4b0-4c29-9719-d504822dd1a7","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":681,"width":93,"height":7}},{"id":"c59cf887-257b-41a9-8231-96d3a4536719","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":695,"width":127,"height":7}},{"id":"881f056e-8143-4fca-9594-db444672c792","block_type":"box","text":"-14.43%","page_number":1,"box":{"x":789,"y":696,"width":52,"height":6}},{"id":"46c5b87c-f9a3-424c-b580-c6cd7e14cc61","block_type":"box","text":"17.82%","page_number":1,"box":{"x":903,"y":696,"width":45,"height":6}},{"id":"5c4d6b3b-4c80-4d82-ae70-b335d938ba02","block_type":"box","text":"Disorderly Transition (2 °C)","page_number":1,"box":{"x":516,"y":712,"width":134,"height":7}},{"id":"618295e7-4f44-4d56-822d-93bc7f07a66a","block_type":"box","text":"-5.17%","page_number":1,"box":{"x":797,"y":713,"width":44,"height":6}},{"id":"43bc3718-0fda-49c7-ae6f-b57c3460cffc","block_type":"box","text":"17.82%","page_number":1,"box":{"x":903,"y":713,"width":45,"height":6}},{"id":"ad6f1da9-0a76-4079-ad64-d9d458a16051","block_type":"box","text":"Hothouse (3 °C)","page_number":1,"box":{"x":516,"y":728,"width":79,"height":7}},{"id":"84da9b7f-35b7-4662-8592-50ba26470d4e","block_type":"box","text":"-3.48%","page_number":1,"box":{"x":797,"y":730,"width":44,"height":5}},{"id":"b06dcd0e-e74f-4ba3-b94a-f213ff854fd8","block_type":"box","text":"17.82%","page_number":1,"box":{"x":903,"y":730,"width":45,"height":5}},{"id":"58c0e419-cea6-45bf-a91c-dbb875f9a0da","block_type":"box","text":"Technology Opportunities VaR","page_number":1,"box":{"x":516,"y":745,"width":164,"height":7}},{"id":"7a73888e-3192-4b98-a0d5-5e5488f6fb23","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":762,"width":127,"height":7}},{"id":"53b6f37c-edd6-4952-9895-ad4c6a8a356f","block_type":"box","text":"1.13%","page_number":1,"box":{"x":803,"y":763,"width":38,"height":6}},{"id":"0f6de3b7-24fa-481b-b3cb-097c20509518","block_type":"box","text":"15.85%","page_number":1,"box":{"x":903,"y":763,"width":45,"height":6}},{"id":"f1876885-e69e-461a-a044-5478ad3f2efe","block_type":"box","text":"Disorderly Transition (2 °C)","page_number":1,"box":{"x":516,"y":778,"width":134,"height":8}},{"id":"1854207e-5678-48b5-be99-aa686723768e","block_type":"box","text":"0.23%","page_number":1,"box":{"x":803,"y":779,"width":38,"height":6}},{"id":"54aa09f4-95c9-4077-953d-3b42435ecf0b","block_type":"box","text":"15.85%","page_number":1,"box":{"x":903,"y":779,"width":45,"height":6}},{"id":"fbe2085a-30aa-4e97-ac5e-80276595427f","block_type":"box","text":"Hothouse (3 °C)","page_number":1,"box":{"x":516,"y":795,"width":79,"height":6}},{"id":"7abf8f6f-e118-4157-96d7-2158927e1530","block_type":"box","text":"0.25%","page_number":1,"box":{"x":803,"y":796,"width":38,"height":6}},{"id":"3add00d2-f417-4778-98ab-205816f2ed99","block_type":"box","text":"15.85%","page_number":1,"box":{"x":903,"y":796,"width":45,"height":6}},{"id":"6df90247-880b-484b-b44c-55cad8b02177","block_type":"box","text":"Physical Risk VaR","page_number":1,"box":{"x":516,"y":812,"width":95,"height":7}},{"id":"cc3cbc70-6e0f-472c-8a54-c8ceaf36fdf3","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":828,"width":127,"height":7}},{"id":"e26f09e5-4874-4796-beb9-7e2656f0052f","block_type":"box","text":"-0.43%","page_number":1,"box":{"x":797,"y":829,"width":44,"height":6}},{"id":"debe6630-4065-4216-adaf-0877bb15f582","block_type":"box","text":"17.77%","page_number":1,"box":{"x":903,"y":829,"width":45,"height":6}},{"id":"28000c76-447d-4b71-b82a-3ad256078453","block_type":"box","text":"Disorderly Transition (2 °C)","page_number":1,"box":{"x":516,"y":845,"width":134,"height":7}},{"id":"49afb9a8-eaca-448d-bd13-338d4f9f4558","block_type":"box","text":"-0.89%","page_number":1,"box":{"x":797,"y":846,"width":44,"height":6}},{"id":"656a376a-0d43-499a-9d30-521b3b89d660","block_type":"box","text":"17.77%","page_number":1,"box":{"x":903,"y":846,"width":45,"height":6}},{"id":"b6069e76-6a13-4d19-b874-f08cebe64260","block_type":"box","text":"Hothouse (3 °C)","page_number":1,"box":{"x":516,"y":861,"width":79,"height":7}},{"id":"0c1f725c-d5d5-40c8-be97-a125371ba821","block_type":"box","text":"-1.35%","page_number":1,"box":{"x":797,"y":863,"width":44,"height":5}},{"id":"6f9065f6-0cc0-4bbb-abbb-3f38c038cdae","block_type":"box","text":"17.77%","page_number":1,"box":{"x":903,"y":863,"width":45,"height":5}},{"id":"c162d704-2985-4ed1-a8e6-b336353ce99c","block_type":"box","text":"Report ID: 5593174.1","page_number":1,"box":{"x":362,"y":968,"width":112,"height":9}},{"id":"eccc510a-5301-4767-a1f8-86f3ef811344","block_type":"box","text":"Published: 12 Sep 2026","page_number":1,"box":{"x":496,"y":968,"width":129,"height":9}},{"id":"8478453f-172f-46e3-8dbe-513857df0c3d","block_type":"box","text":"P","page_number":1,"box":{"x":902,"y":968,"width":5,"height":6}},{"id":"fa373d8a-68dd-4180-ad17-cc50b99ce3de","block_type":"box","text":"a","page_number":1,"box":{"x":908,"y":970,"width":5,"height":4}},{"id":"581e18af-0dd1-4b06-a548-caad8a5d2b65","block_type":"box","text":"g","page_number":1,"box":{"x":913,"y":970,"width":6,"height":5}},{"id":"f9b3039d-0418-4126-bcf6-696b760a0177","block_type":"box","text":"e","page_number":1,"box":{"x":919,"y":970,"width":5,"height":4}},{"id":"5469e894-8589-4bab-a4e3-170c39c47cc2","block_type":"box","text":"1","page_number":1,"box":{"x":926,"y":968,"width":3,"height":6}},{"id":"42b867ac-8602-4822-8414-1b1118caf3cf","block_type":"box","text":"of","page_number":1,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"15d14d3e-b10e-4d43-bf20-77cb94d09ab5","block_type":"box","text":"4","page_number":1,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"fd1c9dd2-0d6f-485d-b029-74a023760cf6","block_type":"box","text":"Glossary","page_number":2,"box":{"x":51,"y":59,"width":129,"height":19}},{"id":"ff5ef7ef-4d38-4d14-bfa3-96402d829a14","block_type":"box","text":"Sustainability data is as of the date identified in the report sections","page_number":2,"box":{"x":51,"y":95,"width":393,"height":8}},{"id":"62ed8389-bde7-48da-89e7-c5849d367fae","block_type":"box","text":"above, usually on a month lag. All metrics are reported in USD unless","page_number":2,"box":{"x":51,"y":107,"width":405,"height":9}},{"id":"222f5250-3715-403b-9939-c53a3efcbb90","block_type":"box","text":"otherwise stated.","page_number":2,"box":{"x":51,"y":120,"width":102,"height":7}},{"id":"f10db53d-8bfb-4651-9812-4bbb922e7560","block_type":"box","text":"Climate Metrics","page_number":2,"box":{"x":51,"y":152,"width":157,"height":11}},{"id":"9382dfa8-bc11-4869-ad97-880b079caf61","block_type":"box","text":"Data Treatments","page_number":2,"box":{"x":51,"y":173,"width":108,"height":7}},{"id":"cf78b42d-16af-4561-9fad-1c4f62e14ec7","block_type":"box","text":"- State Street applies the data treatments where","page_number":2,"box":{"x":163,"y":173,"width":286,"height":9}},{"id":"8dee6208-dc59-46f8-950f-7d85b66d02b7","block_type":"box","text":"applicable to Climate Metrics. To review the data treatments and the","page_number":2,"box":{"x":51,"y":186,"width":408,"height":9}},{"id":"01d194bc-62ff-4e23-8885-1b7fef8d9ff0","block_type":"box","text":"metrics they are applied to please","page_number":2,"box":{"x":51,"y":199,"width":201,"height":9}},{"id":"90aaece3-c1ab-407e-a94b-27d11e214a53","block_type":"box","text":"click","page_number":2,"box":{"x":255,"y":199,"width":28,"height":7}},{"id":"1eeb7b9d-141c-43d6-a230-655744c55b49","block_type":"box","text":"here","page_number":2,"box":{"x":286,"y":199,"width":26,"height":7}},{"id":"e6874c2e-0a1d-43e7-95ce-a0b98f681efd","block_type":"box","text":".","page_number":2,"box":{"x":313,"y":205,"width":2,"height":1}},{"id":"1eca466e-e9c0-4abc-a98e-6b498e6eb9a4","block_type":"box","text":"Portfolio Coverage","page_number":2,"box":{"x":51,"y":217,"width":119,"height":8}},{"id":"bf9e4439-fbde-4095-9115-6fd7682489c3","block_type":"box","text":"is dependent upon the universe covered by SSGA’s","page_number":2,"box":{"x":174,"y":217,"width":303,"height":8}},{"id":"db4da85c-d26b-4d40-a6f0-78dcf62d00d9","block_type":"box","text":"external providers. For certain markets and types of companies, there","page_number":2,"box":{"x":51,"y":229,"width":413,"height":9}},{"id":"72fdd99b-c936-457b-8d93-3f197a94e140","block_type":"box","text":"may be significant limitations in the availability of data, or in some cases,","page_number":2,"box":{"x":51,"y":242,"width":425,"height":9}},{"id":"c7311478-61a6-4296-892a-a99fac6d548a","block_type":"box","text":"no data may be available at all. In such instances, the benchmark index","page_number":2,"box":{"x":51,"y":255,"width":418,"height":9}},{"id":"a01febe5-8d93-4eb5-b5a7-009ad45fe43f","block_type":"box","text":"provider, investment manager, an affiliate of the investment manager or","page_number":2,"box":{"x":51,"y":268,"width":422,"height":9}},{"id":"4d5f5813-cc3e-40c3-9e18-303837e7777c","block_type":"box","text":"another party may use data from a related entity as a proxy or generate","page_number":2,"box":{"x":51,"y":281,"width":422,"height":8}},{"id":"ac9ccd0b-c172-4fec-9a99-7cded12089b0","block_type":"box","text":"estimated data to fill these gaps.","page_number":2,"box":{"x":51,"y":293,"width":191,"height":9}},{"id":"8e6fb669-c450-4d05-ae85-3f1c2c3d932d","block_type":"box","text":"Brown Revenues:","page_number":2,"box":{"x":51,"y":311,"width":110,"height":7}},{"id":"9d672dd8-2ef3-4c34-a62b-b9ade3be75d3","block_type":"box","text":"Percentage of revenue from “brown” sectors and","page_number":2,"box":{"x":165,"y":311,"width":287,"height":9}},{"id":"6727b628-53d0-436f-9327-0ef97f7a67cf","block_type":"box","text":"activities, including fossil fuel extractions, mining, operations, and power","page_number":2,"box":{"x":51,"y":324,"width":425,"height":9}},{"id":"2b85d413-9cd2-40f1-992e-60a013848127","block_type":"box","text":"generation, employing MSCI revenue indicators. Brown revenue (%) is","page_number":2,"box":{"x":51,"y":337,"width":411,"height":8}},{"id":"8f54ee3a-4050-4d19-9992-32429842d617","block_type":"box","text":"defined as the proportion of revenues a company derives from activities","page_number":2,"box":{"x":51,"y":350,"width":426,"height":8}},{"id":"263d25f0-1f6e-4ebe-8b15-2c51b952b230","block_type":"box","text":"related to the extraction of fossil fuels, or power generation using fossil","page_number":2,"box":{"x":51,"y":362,"width":415,"height":9}},{"id":"9fb9d4c0-ec42-4002-8a49-cd16021424e6","block_type":"box","text":"fuel-based energy sources. It reflects firms tied to conventional energy","page_number":2,"box":{"x":50,"y":375,"width":419,"height":9}},{"id":"258bdb77-a357-4dc0-9660-9fdb072dfc36","block_type":"box","text":"value chains.","page_number":2,"box":{"x":50,"y":388,"width":76,"height":7}},{"id":"e5c1cb28-2855-4e59-ac9d-2e95307eb6ed","block_type":"box","text":"Brown Revenues – MSCI:","page_number":2,"box":{"x":51,"y":406,"width":158,"height":7}},{"id":"606262ce-1736-477f-956a-e1897e9b88bf","block_type":"box","text":"Weighted Average of each Underlying","page_number":2,"box":{"x":212,"y":406,"width":225,"height":8}},{"id":"6e0e07ed-42ec-47c6-96cf-205a7ed90c6a","block_type":"box","text":"Security with Brown Revenue for the Portfolio.","page_number":2,"box":{"x":51,"y":418,"width":271,"height":9}},{"id":"d44ea01e-6f00-4fa9-98e9-ba028f86fdf9","block_type":"box","text":"Potential Emissions – MSCI:","page_number":2,"box":{"x":51,"y":436,"width":176,"height":7}},{"id":"60f732b6-5e51-47c5-8a67-8199dde565e7","block_type":"box","text":"Sum of Weighted Average Total Potential","page_number":2,"box":{"x":230,"y":436,"width":243,"height":9}},{"id":"160b2484-bba8-4a73-8e9b-3719b34fadca","block_type":"box","text":"Emission of Fossil Fuel Reserves Normalized by EVIC $MN (ktCO2-eq","page_number":2,"box":{"x":51,"y":448,"width":413,"height":9}},{"id":"8b710860-10bc-43be-af75-f8bc486f0b88","block_type":"box","text":"per $MN invested) on the Portfolio Level.","page_number":2,"box":{"x":51,"y":461,"width":241,"height":9}},{"id":"7efdb5c7-f612-4af5-b646-6eaadf2c0e91","block_type":"box","text":"Green Bonds:","page_number":2,"box":{"x":51,"y":479,"width":86,"height":7}},{"id":"0ba5ded0-8fc2-45d3-aefe-57e0c40e4f66","block_type":"box","text":"The Climate Bonds Initiative (CBI) defines green bonds","page_number":2,"box":{"x":140,"y":479,"width":325,"height":9}},{"id":"e8ba4aea-b7ed-4146-b65b-9fecbaaccc0f","block_type":"box","text":"as debt instruments that finance projects with environmental benefits,","page_number":2,"box":{"x":51,"y":492,"width":415,"height":9}},{"id":"375e60d6-2b74-45eb-a6c8-c6900cff18da","block_type":"box","text":"and the CBI Green Bond Database uses a methodology to evaluate","page_number":2,"box":{"x":51,"y":505,"width":397,"height":9}},{"id":"749fbad9-303e-4f71-9a38-764f8351fd67","block_type":"box","text":"and categorize projects as green.","page_number":2,"box":{"x":51,"y":518,"width":196,"height":8}},{"id":"7633ef5b-dddf-403a-b34f-4853fc75daf0","block_type":"box","text":"The CBI’s methodology includes the","page_number":2,"box":{"x":251,"y":518,"width":213,"height":8}},{"id":"f9ea4225-76a5-41f5-b25f-32390f43c052","block_type":"box","text":"following criteria:","page_number":2,"box":{"x":50,"y":531,"width":101,"height":8}},{"id":"a13d5407-cae8-4eca-be3c-9a8f98f12b1e","block_type":"box","text":"Self-labeling:","page_number":2,"box":{"x":91,"y":548,"width":84,"height":9}},{"id":"f78f859e-4dbd-4850-ac3b-a3e4235eaf02","block_type":"box","text":"The issuer must consciously label the instrument","page_number":2,"box":{"x":178,"y":548,"width":291,"height":9}},{"id":"5bb3d1fb-a064-40c1-bb9a-e87a22760778","block_type":"box","text":"as a green bond.","page_number":2,"box":{"x":91,"y":561,"width":97,"height":9}},{"id":"b0b4edcb-ab48-4fad-8e8c-c253c23ff663","block_type":"box","text":"Public disclosure:","page_number":2,"box":{"x":91,"y":579,"width":112,"height":6}},{"id":"6b6734c6-ba9b-461b-89c0-9f3dd9fdc751","block_type":"box","text":"The issuer must provide sufficient information","page_number":2,"box":{"x":206,"y":579,"width":272,"height":8}},{"id":"296b2e36-f10a-4dc3-882c-61c2ee733ac2","block_type":"box","text":"to determine if the financed assets are green.","page_number":2,"box":{"x":91,"y":591,"width":267,"height":9}},{"id":"3e076bbf-9714-42c8-b1e1-d2641ec570bc","block_type":"box","text":"This includes","page_number":2,"box":{"x":362,"y":591,"width":78,"height":7}},{"id":"6f767aad-f37f-4896-9c5d-66ea16fbfb3e","block_type":"box","text":"information such as the amount outstanding and closing","page_number":2,"box":{"x":92,"y":604,"width":332,"height":9}},{"id":"0c8f9f97-38a1-4ec4-b8c6-be93497cc2aa","block_type":"box","text":"confirmation.","page_number":2,"box":{"x":91,"y":617,"width":78,"height":7}},{"id":"8fd437a6-39f2-4dce-9a16-8009347be911","block_type":"box","text":"Eligible sectors:","page_number":2,"box":{"x":91,"y":635,"width":100,"height":8}},{"id":"611d8030-ea6b-4f88-82ac-45656e0c45c8","block_type":"box","text":"The financed assets must be in eligible sectors,","page_number":2,"box":{"x":195,"y":635,"width":279,"height":8}},{"id":"92d7d7ea-5eb9-4024-bf5b-02065f11f8ce","block_type":"box","text":"such as energy efficient products and processes, or non-energy","page_number":2,"box":{"x":91,"y":647,"width":378,"height":9}},{"id":"2722f2dc-e207-49cd-9734-00d711d026cc","block_type":"box","text":"GHG reductions.","page_number":2,"box":{"x":91,"y":660,"width":100,"height":7}},{"id":"fb88a1c1-087b-4216-96ce-cc18926b0caa","block_type":"box","text":"Eligible use of proceeds:","page_number":2,"box":{"x":91,"y":678,"width":154,"height":9}},{"id":"457700f6-80f6-4453-9c25-8d50f5cfb5ae","block_type":"box","text":"The proceeds must be used for eligible","page_number":2,"box":{"x":248,"y":678,"width":230,"height":9}},{"id":"4ddedc76-c97b-4f02-8bd1-3f47bfa62314","block_type":"box","text":"purposes.","page_number":2,"box":{"x":92,"y":693,"width":57,"height":6}},{"id":"afccbe95-abbb-460d-81c5-3cb0762891ad","block_type":"box","text":"Green Bonds – CBI:","page_number":2,"box":{"x":51,"y":708,"width":122,"height":7}},{"id":"a637b843-72a3-42de-bbea-edab7dbf3c92","block_type":"box","text":"Market Value of Securities with Green Bonds as a","page_number":2,"box":{"x":177,"y":708,"width":292,"height":7}},{"id":"571fc19c-2fbb-480d-97e6-22a34323899f","block_type":"box","text":"Percentage of the Total Market Value of all Securities in the Portfolio.","page_number":2,"box":{"x":51,"y":721,"width":405,"height":9}},{"id":"7466da5f-eeaa-4199-8f79-37ee480d7e90","block_type":"box","text":"Green/Fossil Fuel Based Revenue Ratio - MSCI:","page_number":2,"box":{"x":51,"y":738,"width":298,"height":8}},{"id":"ec493339-e027-4fe5-9f8c-12eaba36b593","block_type":"box","text":"The Sum of Green","page_number":2,"box":{"x":353,"y":739,"width":108,"height":7}},{"id":"0a390551-4c44-4097-9453-158e86b713c5","block_type":"box","text":"to Fossil Fuel Based Revenue Ratio on the Portfolio level and the Sum of","page_number":2,"box":{"x":50,"y":751,"width":425,"height":7}},{"id":"50a129c7-f0af-477a-a423-ea5c9f2da237","block_type":"box","text":"Green to Fossil Fuel Based Revenue Ratio on the Portfolio level.","page_number":2,"box":{"x":51,"y":764,"width":373,"height":7}},{"id":"e2be9848-371e-41f3-9321-80da2374bc51","block_type":"box","text":"Companies with SBTi /Approved Targets – MSCI:","page_number":2,"box":{"x":51,"y":782,"width":311,"height":9}},{"id":"cd424474-5ef8-4632-8a56-c027fca6e2da","block_type":"box","text":"The percentage of","page_number":2,"box":{"x":366,"y":782,"width":111,"height":9}},{"id":"a37b0cd8-4a16-457c-b562-5ed5acde6f4e","block_type":"box","text":"the fund’s market value exposed to issuers that have carbon emissions","page_number":2,"box":{"x":50,"y":795,"width":419,"height":8}},{"id":"272c9796-5e67-4700-b16c-62468700b812","block_type":"box","text":"reduction targets approved by the Science Based Targets initiative","page_number":2,"box":{"x":51,"y":807,"width":396,"height":9}},{"id":"fa729eeb-7448-4e0d-b8a9-2d60c9997047","block_type":"box","text":"(SBTi) on the Portfolio level.","page_number":2,"box":{"x":51,"y":820,"width":166,"height":8}},{"id":"2efdf9f6-6d73-4049-9be4-82be083216f5","block_type":"box","text":"Low Carbon Transition Score – MSCI:","page_number":2,"box":{"x":51,"y":838,"width":237,"height":7}},{"id":"f47d8378-1f5d-4390-a4f6-238356cbdc78","block_type":"box","text":"Score calculates a company’s","page_number":2,"box":{"x":292,"y":838,"width":177,"height":9}},{"id":"f33518bb-c316-44fa-8117-36ff0bdc03cb","block_type":"box","text":"climate transition risk by aggregating Scope 1, 2 and 3 emissions,","page_number":2,"box":{"x":51,"y":851,"width":382,"height":8}},{"id":"bd4bffd5-3ac1-401c-a3cf-707e2c612059","block_type":"box","text":"emissions avoided, and the quality of the company’s climate","page_number":2,"box":{"x":51,"y":864,"width":354,"height":8}},{"id":"04891252-9a61-4a58-82b0-26911b86b61c","block_type":"box","text":"management into a score between 0 (highest risk) and 10 (lowest risk).","page_number":2,"box":{"x":51,"y":876,"width":416,"height":9}},{"id":"9a771cf3-ac16-4468-a50e-427300efad33","block_type":"box","text":"Companies with higher Low Carbon Transition score are more aligned","page_number":2,"box":{"x":51,"y":889,"width":414,"height":9}},{"id":"8a38b4af-bfb5-4ada-a6b0-abb80c34642d","block_type":"box","text":"with the Low Carbon Transition compared to the companies with lower","page_number":2,"box":{"x":515,"y":95,"width":420,"height":8}},{"id":"02df5952-3336-4336-90a4-863bbccbbfbb","block_type":"box","text":"scores. Score calculated at the Portfolio level.","page_number":2,"box":{"x":515,"y":107,"width":270,"height":7}},{"id":"3609a615-8cb1-4332-8c8a-103b0e1818ec","block_type":"box","text":"Carbon Footprint:","page_number":2,"box":{"x":515,"y":125,"width":114,"height":9}},{"id":"6ba38715-2d8a-4386-9918-2050165abc30","block_type":"box","text":"Scope 1+2+3- (t CO2e/$M EVIC) – MSCI:","page_number":2,"box":{"x":556,"y":142,"width":256,"height":9}},{"id":"05129a2c-7842-4760-95a6-2c5b4b577570","block_type":"box","text":"Weighted average","page_number":2,"box":{"x":815,"y":143,"width":108,"height":8}},{"id":"681cdb83-2c7a-44fe-87dc-503b2481c199","block_type":"box","text":"Scope 1, Scope 2 and Scope 3 carbon emissions intensity","page_number":2,"box":{"x":556,"y":155,"width":340,"height":9}},{"id":"8254d1c4-8b10-47aa-a907-5641fc610f1b","block_type":"box","text":"normalized by enterprise value including cash.","page_number":2,"box":{"x":556,"y":168,"width":273,"height":9}},{"id":"7ed6d405-0c61-48dd-a851-3eb3c9d4c5c9","block_type":"box","text":"Total Carbon Emissions – MSCI:","page_number":2,"box":{"x":515,"y":186,"width":202,"height":7}},{"id":"d5b2f9e0-d5b0-442b-a6ff-ed6da49844b4","block_type":"box","text":"Total Carbon Emissions measures","page_number":2,"box":{"x":721,"y":186,"width":203,"height":7}},{"id":"5abc8aca-a041-4fd5-a4fe-c218a697f3e4","block_type":"box","text":"the absolute tons of CO2e EVIC for which an investor is responsible. It is","page_number":2,"box":{"x":515,"y":199,"width":425,"height":8}},{"id":"a00935f0-ab7f-436e-b39c-af778f4a27e7","block_type":"box","text":"apportioned to the investor based on an equity ownership perspective,","page_number":2,"box":{"x":516,"y":212,"width":418,"height":8}},{"id":"c7491a65-c3d0-482f-969e-797701911256","block_type":"box","text":"and can be explained with a simple example: If an investor’s position in a","page_number":2,"box":{"x":516,"y":224,"width":425,"height":9}},{"id":"0668e4fb-2fe0-41cb-9090-396cfc53d92d","block_type":"box","text":"company is equal to 1% of the company’s total market capitalization, then","page_number":2,"box":{"x":516,"y":237,"width":432,"height":9}},{"id":"faed381d-75d8-454f-b6b2-0956466052d3","block_type":"box","text":"the investor owns 1% of the company, and is consequently responsible","page_number":2,"box":{"x":515,"y":250,"width":415,"height":9}},{"id":"c2a8d181-fe1e-4869-8205-b7a30afd1c55","block_type":"box","text":"for 1% of the company’s carbon emissions (tons CO2e). Calculating the","page_number":2,"box":{"x":515,"y":263,"width":419,"height":9}},{"id":"9ef9e073-ca0d-44fc-b0c0-e177f4ed3ff1","block_type":"box","text":"“owned” emissions from each position in the portfolio and summing","page_number":2,"box":{"x":516,"y":276,"width":398,"height":8}},{"id":"5c6167af-61d6-41af-a213-a159511b14ea","block_type":"box","text":"those emissions yields the total carbon emissions for the portfolio.","page_number":2,"box":{"x":515,"y":288,"width":391,"height":9}},{"id":"b4086e4f-6675-4805-a680-7f83cf6b392b","block_type":"box","text":"Scope 1","page_number":2,"box":{"x":556,"y":306,"width":47,"height":9}},{"id":"8c98a806-79cd-4531-8d14-1c74bcce5913","block_type":"box","text":"emissions are “direct emissions” from sources that are","page_number":2,"box":{"x":607,"y":306,"width":322,"height":7}},{"id":"a48f29ec-ffca-4e5b-8aa1-6bbb364e77ca","block_type":"box","text":"owned or controlled by the company. Data","page_number":2,"box":{"x":556,"y":319,"width":251,"height":9}},{"id":"1560debd-487f-4ce7-901d-b7e58dc49b33","block_type":"box","text":"Scope 2","page_number":2,"box":{"x":556,"y":336,"width":51,"height":9}},{"id":"47e1e0cb-1543-44df-9f6d-b034aa2272d3","block_type":"box","text":"emissions are the indirect emissions released into the","page_number":2,"box":{"x":610,"y":337,"width":317,"height":6}},{"id":"5e8c4722-defc-491c-aa0d-d832e513ef54","block_type":"box","text":"atmosphere from the use of purchased energy such as electricity,","page_number":2,"box":{"x":556,"y":349,"width":388,"height":9}},{"id":"eca7d678-08fa-4f0d-a886-dba249fe0209","block_type":"box","text":"heat or steam. These are called “indirect emissions” because the","page_number":2,"box":{"x":556,"y":362,"width":383,"height":7}},{"id":"f593273e-524b-4639-a455-65640356c6c0","block_type":"box","text":"actual emissions are generated at another facility such as a power","page_number":2,"box":{"x":556,"y":375,"width":391,"height":9}},{"id":"c39d6b8f-a6a4-4c1b-b4c6-e8fbf4760ed2","block_type":"box","text":"station.","page_number":2,"box":{"x":556,"y":388,"width":43,"height":7}},{"id":"252293dc-c6c0-4e55-8e40-8ba4f3399356","block_type":"box","text":"Scope 3","page_number":2,"box":{"x":556,"y":405,"width":51,"height":9}},{"id":"fbfeb3a3-f881-4b00-aff1-066e20863cf1","block_type":"box","text":"emissions include all other indirect emissions that occur","page_number":2,"box":{"x":610,"y":405,"width":332,"height":7}},{"id":"57b55508-ac23-4c24-922f-6193c2551a96","block_type":"box","text":"across the value chain and are outside of the organization’s direct","page_number":2,"box":{"x":556,"y":418,"width":386,"height":9}},{"id":"33cf336f-55c8-42ed-a8b0-e81ccbf7f396","block_type":"box","text":"control.","page_number":2,"box":{"x":556,"y":431,"width":44,"height":7}},{"id":"5c444ef7-c43b-4e09-9a40-7e605fc4d320","block_type":"box","text":"Weighted Average Carbon Intensity - MSCI:","page_number":2,"box":{"x":515,"y":449,"width":277,"height":8}},{"id":"2310ec2d-cae6-4d46-b36f-5a52de7c7ae4","block_type":"box","text":"Scope 1+2+3 -","page_number":2,"box":{"x":796,"y":449,"width":89,"height":8}},{"id":"79beb8f3-62b6-4c4f-9ca9-43fe6ce675a7","block_type":"box","text":"Calculating a portfolio’s Weighted Average Carbon Intensity is achieved","page_number":2,"box":{"x":516,"y":461,"width":422,"height":9}},{"id":"87eec282-c86c-4c3e-b775-6f3afb1d8f1f","block_type":"box","text":"by calculating the carbon intensity (Scope 1 + 2 + 3 Emissions / $M","page_number":2,"box":{"x":516,"y":473,"width":394,"height":10}},{"id":"5745c6d2-525d-4dd2-b205-5f24fe29c20c","block_type":"box","text":"Sales) for each portfolio company and calculating the weighted average","page_number":2,"box":{"x":515,"y":487,"width":426,"height":9}},{"id":"13c001d3-317f-4806-8caf-7acd413d4d69","block_type":"box","text":"by portfolio weight.","page_number":2,"box":{"x":516,"y":500,"width":112,"height":9}},{"id":"c1cae736-11d8-4915-b63a-232acd0eaa8a","block_type":"box","text":"Please note that the scope 1+2 and scope 1+2+3 values for Total Carbon","page_number":2,"box":{"x":516,"y":517,"width":428,"height":9}},{"id":"bf9d23d8-105e-4297-a2cb-99675b34c5b5","block_type":"box","text":"Emissions, Carbon Footprint, and Weighted Average Carbon Intensity","page_number":2,"box":{"x":516,"y":530,"width":412,"height":9}},{"id":"213ae459-d651-4804-9205-61f529eef22b","block_type":"box","text":"may not equal the sum of the individual values.","page_number":2,"box":{"x":516,"y":543,"width":274,"height":9}},{"id":"ba4fd159-aa46-450a-ab4a-60bbcb937748","block_type":"box","text":"This may occur for a","page_number":2,"box":{"x":796,"y":543,"width":122,"height":9}},{"id":"bf1ee0f1-c221-405d-ba52-53900cb17654","block_type":"box","text":"few reasons.","page_number":2,"box":{"x":515,"y":556,"width":74,"height":7}},{"id":"b8f4c65a-ef34-47eb-b5c4-8e8b5cae66d7","block_type":"box","text":"Each metric is a distinct data element provided by the","page_number":2,"box":{"x":596,"y":556,"width":318,"height":9}},{"id":"ebf178fa-bc9d-4412-befa-24920f74a255","block_type":"box","text":"vendor.","page_number":2,"box":{"x":515,"y":569,"width":44,"height":7}},{"id":"709e98c3-8f8b-4a6d-b255-784e731a2e50","block_type":"box","text":"Data treatments for replacing null data with sub-industry","page_number":2,"box":{"x":568,"y":569,"width":335,"height":9}},{"id":"1fda60dd-7e55-44d1-89a2-09e23d0814c6","block_type":"box","text":"median data could cause differences in aggregated results.","page_number":2,"box":{"x":516,"y":582,"width":349,"height":8}},{"id":"53a5f99e-cb17-44f6-89b6-44a4316c95b2","block_type":"box","text":"Data is","page_number":2,"box":{"x":872,"y":582,"width":40,"height":7}},{"id":"71680e1a-8756-4718-b0e3-d4619d25a044","block_type":"box","text":"reported based on the most recent common fiscal year end, which may","page_number":2,"box":{"x":516,"y":594,"width":422,"height":9}},{"id":"8270a5a7-674d-4dd8-a08a-e5469b3f21e4","block_type":"box","text":"vary for aggregated fields and is more likely with scope 3.","page_number":2,"box":{"x":515,"y":607,"width":337,"height":9}},{"id":"5deab2b9-ef23-4f00-a5bf-d0d953176ccf","block_type":"box","text":"Implied Temperature Rise (°C) – MSCI:","page_number":2,"box":{"x":516,"y":625,"width":244,"height":8}},{"id":"8db0171d-117d-41be-88dd-d35ba83a3376","block_type":"box","text":"The climate scenario","page_number":2,"box":{"x":763,"y":625,"width":125,"height":7}},{"id":"0e8121d8-c76c-475c-8350-42a59450f115","block_type":"box","text":"alignment uses MSCI’s Implied Temperature Rise (ITR) model, Which","page_number":2,"box":{"x":516,"y":637,"width":405,"height":9}},{"id":"0ef52165-612a-443f-af73-6ac6ce55f3e4","block_type":"box","text":"is a forward-looking temperature alignment metric for companies and","page_number":2,"box":{"x":516,"y":650,"width":412,"height":9}},{"id":"bab9de4e-d5f4-49ee-92f6-705e42f9e5fc","block_type":"box","text":"portfolios. Specifically, the MSCI ITR methodology evaluates whether a","page_number":2,"box":{"x":516,"y":663,"width":419,"height":9}},{"id":"564c2b12-26c0-495e-9f7d-eb2fd8a126ca","block_type":"box","text":"company or portfolio are aligned with the Paris Agreement temperature","page_number":2,"box":{"x":516,"y":676,"width":424,"height":9}},{"id":"f775eea9-d859-4d69-919b-05ea3500accb","block_type":"box","text":"goals – in particular, the maximal goal of limiting global mean surface","page_number":2,"box":{"x":515,"y":689,"width":406,"height":9}},{"id":"32f5857b-d226-4078-ad70-8e8afd77a07f","block_type":"box","text":"temperature to an increase of no more than 1.5°C in the year 2100","page_number":2,"box":{"x":515,"y":702,"width":388,"height":8}},{"id":"37d03adf-a615-47d7-8347-94e220178326","block_type":"box","text":"compared with preindustrial levels. For example, an ITR of 2.5°C assigned","page_number":2,"box":{"x":516,"y":715,"width":433,"height":8}},{"id":"91476a8b-ac91-4055-8464-17c634dddf8b","block_type":"box","text":"to a given portfolio would indicate that the portfolio is exceeding its fair","page_number":2,"box":{"x":515,"y":727,"width":418,"height":9}},{"id":"0f963dc4-74d0-45d5-b142-883188c4b960","block_type":"box","text":"share of the global carbon budget, and that if everyone exceeded their","page_number":2,"box":{"x":515,"y":740,"width":417,"height":9}},{"id":"47cb0e58-28d3-4c2a-9f2d-7d2672291abc","block_type":"box","text":"fair shares by a similar proportion, by 2100 we would end up in a world","page_number":2,"box":{"x":515,"y":753,"width":412,"height":9}},{"id":"a2c55b3d-fbd9-4904-80d1-eb381c469ad6","block_type":"box","text":"with >2.5°C of warming compared to pre-industrial levels. Please note","page_number":2,"box":{"x":515,"y":766,"width":411,"height":9}},{"id":"60260e43-d229-4a32-90f1-24b970abfa3f","block_type":"box","text":"there is significant uncertainty related to this temperature estimate, and","page_number":2,"box":{"x":515,"y":779,"width":425,"height":9}},{"id":"736714e5-a4f9-4039-9031-cdfcd4d8037d","block_type":"box","text":"outputs differ amongst different data vendors as methodologies continue","page_number":2,"box":{"x":516,"y":792,"width":433,"height":8}},{"id":"a8eda1dc-8a96-4884-b79d-fe94c82e1d6e","block_type":"box","text":"to evolve and mature.","page_number":2,"box":{"x":515,"y":805,"width":127,"height":6}},{"id":"bdf161bc-865c-41da-8224-81c4b9a50820","block_type":"box","text":"Portfolio:","page_number":2,"box":{"x":556,"y":822,"width":58,"height":7}},{"id":"703241b1-4010-4f0c-a7a7-b409d2a252c9","block_type":"box","text":"Implied Temperature Rise aggregated at the Portfolio","page_number":2,"box":{"x":618,"y":822,"width":315,"height":9}},{"id":"722e10fe-7f28-4309-9600-0789ea83cfa2","block_type":"box","text":"Level.","page_number":2,"box":{"x":556,"y":835,"width":34,"height":7}},{"id":"c8695089-62fb-4acd-b947-53d8cbfb9c95","block_type":"box","text":"Climate Value at Risk- MSCI: (Climate VaR)","page_number":2,"box":{"x":515,"y":852,"width":273,"height":8}},{"id":"83962d02-79c9-4865-a421-aab75ce2a4bd","block_type":"box","text":"is a measure to estimate","page_number":2,"box":{"x":792,"y":853,"width":144,"height":6}},{"id":"7acf44b6-e357-49f0-aa40-27cb89f6d087","block_type":"box","text":"the potential financial losses that a company or portfolio of assets could","page_number":2,"box":{"x":515,"y":865,"width":426,"height":9}},{"id":"14f5ee1c-a871-4265-a81a-4e24ca544f4d","block_type":"box","text":"incur as a result of climate change. For additional details Climate Value at","page_number":2,"box":{"x":516,"y":878,"width":431,"height":9}},{"id":"ccb9452f-f6ee-4171-89a4-4b40379c0d7d","block_type":"box","text":"Risk metrics included on this report","page_number":2,"box":{"x":516,"y":891,"width":210,"height":9}},{"id":"b45c8c9c-a5f9-4ab1-8734-11bcff38a7bc","block_type":"box","text":"click h","page_number":2,"box":{"x":729,"y":891,"width":37,"height":7}},{"id":"fc045d27-76b5-47a9-bd0b-aaad59e0adec","block_type":"box","text":"ere","page_number":2,"box":{"x":767,"y":893,"width":19,"height":5}},{"id":"b4614af1-bbb2-4323-953b-9060c18d3ed8","block_type":"box","text":".","page_number":2,"box":{"x":787,"y":897,"width":2,"height":1}},{"id":"d9a4bd85-4f21-4577-aca0-444afc86b230","block_type":"box","text":"Report ID: 5593174.1","page_number":2,"box":{"x":362,"y":968,"width":113,"height":9}},{"id":"9c6a1acb-110b-4ff2-818d-beda18b2d1a4","block_type":"box","text":"Published: 12 Sep 2026","page_number":2,"box":{"x":496,"y":968,"width":129,"height":9}},{"id":"7c1c5850-a1d5-46f2-9144-62e6b82664df","block_type":"box","text":"P","page_number":2,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"57267b57-2081-4fce-a6c8-61f6e4268eec","block_type":"box","text":"a","page_number":2,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"0d8d7fa5-03dc-454e-bea6-2ef23a2a5efe","block_type":"box","text":"g","page_number":2,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"67881e0e-29e6-4f36-895a-aee5b203a53a","block_type":"box","text":"e","page_number":2,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"f80505b1-5779-41a4-8943-a133aa0aabdf","block_type":"box","text":"2","page_number":2,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"d80b54a7-c07f-426d-8458-e61b68eb78e4","block_type":"box","text":"of","page_number":2,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"70e35702-2f2c-4ebd-bbe3-6d1d642a44ce","block_type":"box","text":"4","page_number":2,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"c699826d-17bc-4297-a137-0f5bcdb498ad","block_type":"box","text":"Disclosures","page_number":3,"box":{"x":52,"y":58,"width":166,"height":15}},{"id":"2805bba4-c2be-4004-aff5-40b63867666a","block_type":"box","text":"State Street Global Advisors (SSGA) is now State Street Investment","page_number":3,"box":{"x":51,"y":92,"width":433,"height":8}},{"id":"2cab9b4b-0bd6-4b2a-9b13-c6236a5bb341","block_type":"box","text":"Management. Please","page_number":3,"box":{"x":51,"y":105,"width":132,"height":9}},{"id":"960bcaec-0425-48ce-8056-44b64b79074c","block_type":"box","text":"click here","page_number":3,"box":{"x":187,"y":105,"width":63,"height":7}},{"id":"5d2ee59d-09d4-49f3-b8b7-1805871bc924","block_type":"box","text":"for more information.","page_number":3,"box":{"x":253,"y":105,"width":135,"height":7}},{"id":"73d75f7b-531e-4e6b-9e29-c545053639be","block_type":"box","text":"Marketing Communication","page_number":3,"box":{"x":51,"y":122,"width":170,"height":9}},{"id":"59030dd7-3489-4394-b796-330fafaf26a5","block_type":"box","text":"For institutional / professional investors use only.","page_number":3,"box":{"x":51,"y":140,"width":310,"height":9}},{"id":"f8e8137f-159d-4cd5-b2fa-8b4d4f329fba","block_type":"box","text":"The information presented above is intended to provide transparency","page_number":3,"box":{"x":51,"y":158,"width":413,"height":8}},{"id":"63a616b4-0745-453d-af7a-401cc78d1721","block_type":"box","text":"to investors around sustainability characteristics of the fund. Presenting","page_number":3,"box":{"x":50,"y":170,"width":427,"height":9}},{"id":"38540dfb-4494-46e7-823a-ed9a2142931a","block_type":"box","text":"this information should not be construed as a representation of the fund’s","page_number":3,"box":{"x":50,"y":183,"width":434,"height":9}},{"id":"55e24c62-debb-486a-9da5-848db2cb5962","block_type":"box","text":"current or future investment objective, nor should it be viewed as an","page_number":3,"box":{"x":51,"y":196,"width":400,"height":9}},{"id":"a857704f-0fe4-425f-92c9-bb8d6e52dfc8","block_type":"box","text":"indicator of the fund manager’s current or future investment decision","page_number":3,"box":{"x":51,"y":209,"width":413,"height":9}},{"id":"2627aa0f-fd16-4b1d-8055-d6147d80a434","block_type":"box","text":"making.","page_number":3,"box":{"x":51,"y":222,"width":46,"height":8}},{"id":"f2e03117-06e2-4855-aba9-1015c3e2c483","block_type":"box","text":"Investing involves risk including the risk of loss of principal.","page_number":3,"box":{"x":51,"y":239,"width":345,"height":9}},{"id":"9294897a-f5d0-4d5c-befd-edaa94c41aad","block_type":"box","text":"The whole or any part of this work may not be reproduced, copied or","page_number":3,"box":{"x":51,"y":257,"width":405,"height":9}},{"id":"00d7974b-deec-4965-bac8-6bba373e78f5","block_type":"box","text":"transmitted or any of its contents disclosed to third parties without","page_number":3,"box":{"x":50,"y":270,"width":395,"height":8}},{"id":"f6be6220-0bb5-48b4-9d2a-c9e2697b23b2","block_type":"box","text":"SSGA’s express written consent.","page_number":3,"box":{"x":51,"y":283,"width":192,"height":8}},{"id":"571a77ef-46ae-4a5d-871f-0facce4de018","block_type":"box","text":"All information is from SSGA unless otherwise noted and has been","page_number":3,"box":{"x":51,"y":300,"width":393,"height":7}},{"id":"d38f9eae-823c-4216-b5e0-8c79a6ed774c","block_type":"box","text":"obtained from sources believed to be reliable, but its accuracy is not","page_number":3,"box":{"x":51,"y":313,"width":403,"height":9}},{"id":"3319ba6e-a34a-49ce-bf1a-207ea153830d","block_type":"box","text":"guaranteed. There is no representation or warranty as to the current","page_number":3,"box":{"x":51,"y":326,"width":406,"height":9}},{"id":"dda83d42-e56a-481c-b8d1-39fd95014457","block_type":"box","text":"accuracy, reliability or completeness of, nor liability for, decisions based","page_number":3,"box":{"x":51,"y":339,"width":421,"height":8}},{"id":"7242b2a9-081e-428c-82fd-2103c8312c83","block_type":"box","text":"on such information and it should not be relied on as such.","page_number":3,"box":{"x":51,"y":351,"width":341,"height":7}},{"id":"b63ed99c-3542-4963-9136-c68be5ddad41","block_type":"box","text":"The information provided does not constitute investment advice as such","page_number":3,"box":{"x":51,"y":369,"width":429,"height":9}},{"id":"36487a6d-2c68-4146-ad02-45e8875352bd","block_type":"box","text":"term is defined under the Markets in Financial Instruments Directive","page_number":3,"box":{"x":50,"y":382,"width":402,"height":7}},{"id":"8aade61a-b6f3-4e13-8e88-b5dce5062a50","block_type":"box","text":"(2014/65/EU) or applicable Swiss regulation and it should not be relied on","page_number":3,"box":{"x":51,"y":394,"width":433,"height":9}},{"id":"89965cf7-fa14-4334-a878-a4d56b30f5d0","block_type":"box","text":"as such. It should not be considered a solicitation to buy or an offer to sell","page_number":3,"box":{"x":51,"y":407,"width":430,"height":9}},{"id":"37bd2b26-06fc-4a9f-bb8f-5a1f988b748d","block_type":"box","text":"any investment. It does not take into account any investor’s or potential","page_number":3,"box":{"x":51,"y":420,"width":420,"height":9}},{"id":"02d31706-9006-4fc8-b741-93067f015ee4","block_type":"box","text":"investor’s particular investment objectives, strategies, tax status, risk","page_number":3,"box":{"x":51,"y":433,"width":408,"height":9}},{"id":"1cdc301c-dab5-4b4a-bba5-7da641e2a7bc","block_type":"box","text":"appetite or investment horizon. If you require investment advice you","page_number":3,"box":{"x":51,"y":446,"width":401,"height":9}},{"id":"13d36f75-2d5c-4c93-8d88-a4d62bbf73b8","block_type":"box","text":"should consult your tax and financial or other professional advisor.","page_number":3,"box":{"x":51,"y":459,"width":391,"height":8}},{"id":"523c650b-7b23-4c1f-b070-704d680c2836","block_type":"box","text":"The information contained in this communication is not a research","page_number":3,"box":{"x":51,"y":476,"width":421,"height":7}},{"id":"d8c43176-381d-48d7-bccb-cc197c7bacb8","block_type":"box","text":"recommendation or ‘investment research’ and is classified as a","page_number":3,"box":{"x":51,"y":489,"width":400,"height":7}},{"id":"3b0a298d-8535-459d-87fe-e774208ba37b","block_type":"box","text":"‘Marketing Communication’ in accordance with the applicable","page_number":3,"box":{"x":51,"y":502,"width":394,"height":9}},{"id":"f55b91f6-6ccc-44fa-9755-905afbd6d9cc","block_type":"box","text":"regional regulation. This means that this marketing communication","page_number":3,"box":{"x":51,"y":515,"width":427,"height":9}},{"id":"7b785830-196c-4bc6-b04a-b977a0a336e8","block_type":"box","text":"(a) has not been prepared in accordance with legal requirements","page_number":3,"box":{"x":51,"y":527,"width":411,"height":9}},{"id":"6a9f9b79-09ce-4d74-b895-37df17f0c9b1","block_type":"box","text":"designed to promote the independence of investment research","page_number":3,"box":{"x":51,"y":540,"width":400,"height":9}},{"id":"5b0b5638-00e7-4c9d-98a5-7d52bd5a8ba0","block_type":"box","text":"(b) is not subject to any prohibition on dealing ahead of the","page_number":3,"box":{"x":51,"y":553,"width":371,"height":9}},{"id":"e654ef58-c8db-4312-83bd-3432991319c4","block_type":"box","text":"dissemination of investment research.","page_number":3,"box":{"x":51,"y":566,"width":243,"height":7}},{"id":"79110b6b-8bea-49e4-abbc-27f898b88282","block_type":"box","text":"This communication is directed at professional clients (this includes","page_number":3,"box":{"x":51,"y":584,"width":402,"height":8}},{"id":"f4089a7f-d48a-4ad0-9c2b-dd9c7a850b5b","block_type":"box","text":"eligible counterparties as defined by the appropriate EU regulator)","page_number":3,"box":{"x":51,"y":596,"width":392,"height":9}},{"id":"c48dae23-f998-4e9e-82b8-6c97308dba24","block_type":"box","text":"who are deemed both knowledgeable and experienced in matters","page_number":3,"box":{"x":50,"y":609,"width":390,"height":9}},{"id":"27964a4c-e545-405b-bf78-b701f12ba82f","block_type":"box","text":"relating to investments. The products and services to which this","page_number":3,"box":{"x":51,"y":622,"width":377,"height":9}},{"id":"30134ab1-181a-4cf8-bfb8-2b663883f095","block_type":"box","text":"communication relates are only available to such persons and persons","page_number":3,"box":{"x":51,"y":635,"width":417,"height":9}},{"id":"ff1715e4-bbfb-42d8-9033-c205bdd05786","block_type":"box","text":"of any other description (including retail clients) should not rely on this","page_number":3,"box":{"x":51,"y":648,"width":414,"height":9}},{"id":"46af9eec-38aa-4e20-93e8-60893492dafd","block_type":"box","text":"communication.","page_number":3,"box":{"x":51,"y":661,"width":95,"height":7}},{"id":"a4be2cf8-b883-4b57-8f8e-0d14b1d63083","block_type":"box","text":"Equity securities may fluctuate in value and can decline significantly in","page_number":3,"box":{"x":51,"y":678,"width":414,"height":9}},{"id":"bec1c2f5-3aed-4070-b648-799a858a0c79","block_type":"box","text":"response to the activities of individual companies and general market","page_number":3,"box":{"x":51,"y":691,"width":411,"height":9}},{"id":"b7266900-9b40-4e43-b330-fcfa24a3efb9","block_type":"box","text":"and economic conditions.","page_number":3,"box":{"x":51,"y":704,"width":152,"height":7}},{"id":"28c8bde4-a268-45b1-9331-84ae1aabd5f0","block_type":"box","text":"ETFs trade like stocks, are subject to investment risk, fluctuate in market","page_number":3,"box":{"x":51,"y":721,"width":430,"height":9}},{"id":"51ebb773-929d-4e5c-aaee-0555b2f6c7b9","block_type":"box","text":"value and may trade at prices above or below the ETFs net asset value.","page_number":3,"box":{"x":50,"y":734,"width":420,"height":9}},{"id":"16f533e0-3b6f-4d5b-8256-7b31ced76192","block_type":"box","text":"Brokerage commissions and ETF expenses will reduce returns.","page_number":3,"box":{"x":51,"y":747,"width":372,"height":9}},{"id":"2da021be-7d3e-47b5-b8ae-b9a8a8a829c0","block_type":"box","text":"The S&P 500® Index is a product of S&P Dow Jones Indices LLC or its","page_number":3,"box":{"x":51,"y":765,"width":414,"height":8}},{"id":"ff345529-266e-44d3-9080-a563b1b13112","block_type":"box","text":"affiliates (“S&P DJI”) and have been licensed for use by State Street","page_number":3,"box":{"x":51,"y":777,"width":400,"height":9}},{"id":"839c23a5-75e5-4e4d-aedd-1666d22fd027","block_type":"box","text":"Global Advisors. S&P®, SPDR®, S&P 500®,US 500 and the 500 are","page_number":3,"box":{"x":51,"y":790,"width":396,"height":8}},{"id":"39e134cf-d5a1-4373-9d6d-ea57599c6a91","block_type":"box","text":"trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow","page_number":3,"box":{"x":50,"y":803,"width":416,"height":8}},{"id":"f0ef8c16-0171-4b90-b0f6-8df0c2b032fc","block_type":"box","text":"Jones® is a registered trademark of Dow Jones Trademark Holdings","page_number":3,"box":{"x":51,"y":816,"width":403,"height":9}},{"id":"197c873e-6f8e-406c-8bfe-ee419a1b801b","block_type":"box","text":"LLC (“Dow Jones”) and has been licensed for use by S&P Dow Jones","page_number":3,"box":{"x":51,"y":829,"width":407,"height":8}},{"id":"8f2a9b1b-a1a1-467e-b61c-70f7630f5643","block_type":"box","text":"Indices; and these trademarks have been licensed for use by S&P DJI","page_number":3,"box":{"x":51,"y":842,"width":410,"height":8}},{"id":"26da3cd7-335b-4f02-9d16-1940e4020fd1","block_type":"box","text":"and sublicensed for certain purposes by State Street Global Advisors.","page_number":3,"box":{"x":51,"y":854,"width":414,"height":9}},{"id":"7a4a4c5c-9730-4bae-b5cb-40b4d872df40","block_type":"box","text":"The fund is not sponsored, endorsed, sold or promoted by S&P DJI, Dow","page_number":3,"box":{"x":51,"y":867,"width":428,"height":9}},{"id":"97659138-9e01-4e6a-87e6-1270751bce5c","block_type":"box","text":"Jones, S&P, their respective affiliates, and none of such parties make any","page_number":3,"box":{"x":51,"y":880,"width":432,"height":9}},{"id":"7f45d3ad-0b9b-4a2e-ac29-dbcb69818e04","block_type":"box","text":"representation regarding the advisability of investing in such product(s)","page_number":3,"box":{"x":51,"y":893,"width":421,"height":9}},{"id":"f0884154-96ef-4ce0-8a94-37bea6462cce","block_type":"box","text":"nor do they have any liability for any errors, omissions, or interruptions of","page_number":3,"box":{"x":51,"y":906,"width":430,"height":8}},{"id":"68aed6de-b551-4ece-861d-d5f2144bd619","block_type":"box","text":"these indices.","page_number":3,"box":{"x":50,"y":919,"width":82,"height":7}},{"id":"b41999b1-4c6b-4b6a-94d4-9d7db970bd7e","block_type":"box","text":"Please refer to the Fund’s latest Key Information Document (KID)/","page_number":3,"box":{"x":516,"y":92,"width":416,"height":9}},{"id":"546fc936-a02b-4898-af4e-fe8a9e817145","block_type":"box","text":"Key Investor Information Document (KIID) and Prospectus before","page_number":3,"box":{"x":516,"y":105,"width":415,"height":8}},{"id":"58e83bec-8592-4390-91e1-b46efc51b727","block_type":"box","text":"making any final investment decision. The latest English version of","page_number":3,"box":{"x":516,"y":118,"width":422,"height":8}},{"id":"81826177-3d72-43fd-813b-4443c845adef","block_type":"box","text":"the prospectus and the KID/KIID can be found at","page_number":3,"box":{"x":515,"y":130,"width":307,"height":9}},{"id":"2c49c290-e959-4088-b4c6-e4543d7f81cb","block_type":"box","text":"www.ssga.com","page_number":3,"box":{"x":825,"y":132,"width":97,"height":7}},{"id":"a352a186-cdb9-4979-b102-809ff5d3a293","block_type":"box","text":". A","page_number":3,"box":{"x":923,"y":131,"width":16,"height":6}},{"id":"7e1152f8-7f2c-4aff-a1a7-301dd4f08405","block_type":"box","text":"summary of investor rights can be found here:","page_number":3,"box":{"x":515,"y":143,"width":292,"height":9}},{"id":"bc2b81c9-e383-4359-a705-0550bb586411","block_type":"box","text":"https://www.ssga.","page_number":3,"box":{"x":811,"y":143,"width":116,"height":9}},{"id":"6aca9822-20a5-4ce8-a841-1708a886cd6e","block_type":"box","text":"com/library-content/products/fund-docs/summary-of-investor","page_number":3,"box":{"x":515,"y":156,"width":421,"height":9}},{"id":"da52bc16-039b-485c-a5ac-d7d25aa10734","block_type":"box","text":"rights/ssga-investors-rights-summary-template-non-etf-Lu","page_number":3,"box":{"x":516,"y":169,"width":390,"height":9}},{"id":"9ed3d054-6250-465b-8ef0-6072cba8cd75","block_type":"box","text":"x.pdf","page_number":3,"box":{"x":906,"y":169,"width":35,"height":9}},{"id":"2dd1f8e9-f110-4567-9a01-562ddad6814f","block_type":"box","text":"Note that the Management Company may decide to terminate the","page_number":3,"box":{"x":516,"y":187,"width":418,"height":8}},{"id":"36552cc5-836d-4527-9112-c5c79658351c","block_type":"box","text":"arrangements made for marketing and proceed with de-notification","page_number":3,"box":{"x":515,"y":199,"width":431,"height":9}},{"id":"85afb8c5-3578-4dd4-8ccc-38ba08101343","block_type":"box","text":"in compliance with Article 93a of Directive 2009/65/EC.","page_number":3,"box":{"x":516,"y":212,"width":354,"height":9}},{"id":"62e4176e-7541-4841-bc38-05670e1a53d1","block_type":"box","text":"Investors should not evaluate an investment in the fund based solely","page_number":3,"box":{"x":516,"y":230,"width":403,"height":8}},{"id":"42ba53a6-4254-4cb0-8dc4-81e3a28fb882","block_type":"box","text":"on the information above, but should consider other factors, including","page_number":3,"box":{"x":516,"y":243,"width":411,"height":8}},{"id":"0e33d800-9bc3-4ee6-998b-972a078d554d","block_type":"box","text":"the fund’s overall investment objective and risk profile. Investors","page_number":3,"box":{"x":515,"y":255,"width":379,"height":9}},{"id":"56c9c75a-9e46-4c1b-9c33-f370b449c566","block_type":"box","text":"are encouraged to review the fund’s prospectus and KIID for more","page_number":3,"box":{"x":516,"y":268,"width":389,"height":9}},{"id":"7c307844-5bae-4475-b51c-94be79ee7409","block_type":"box","text":"information regarding the fund and where applicable, the fund’s SFDR","page_number":3,"box":{"x":516,"y":281,"width":411,"height":9}},{"id":"b35373ff-7b39-4881-af18-b149e09e5c51","block_type":"box","text":"category.","page_number":3,"box":{"x":516,"y":295,"width":54,"height":8}},{"id":"856a40c2-8d5f-4116-81ff-c486ae8a36c0","block_type":"box","text":"Sustainability data is sourced from external providers. This data may","page_number":3,"box":{"x":515,"y":311,"width":408,"height":9}},{"id":"9b1e859f-e029-4acd-8510-20fbcd07cf08","block_type":"box","text":"be incomplete, inaccurate, or unavailable for certain companies, which","page_number":3,"box":{"x":516,"y":324,"width":416,"height":9}},{"id":"764ef556-ce2e-42ec-a629-3f1ed83436ad","block_type":"box","text":"could limit the ability to fully capture or reflect their sustainability","page_number":3,"box":{"x":516,"y":337,"width":382,"height":9}},{"id":"bd44aa07-cc95-40f1-8b9e-92d7f7944147","block_type":"box","text":"characteristics. As a result, there may be limitations reported in the","page_number":3,"box":{"x":516,"y":350,"width":397,"height":9}},{"id":"856b3a40-73c2-4e2e-9446-b6c6f7aa76b4","block_type":"box","text":"sustainability metrics or indicators.","page_number":3,"box":{"x":515,"y":363,"width":207,"height":8}},{"id":"10757db6-6eda-4940-ab09-5e488f9a8069","block_type":"box","text":"The third-party information above has been obtained from sources","page_number":3,"box":{"x":515,"y":380,"width":398,"height":9}},{"id":"d1bd7db5-192d-4f94-a044-0b79ad17259e","block_type":"box","text":"believed to be reliable as of the date indicated, but its accuracy is not","page_number":3,"box":{"x":516,"y":393,"width":407,"height":9}},{"id":"60b071f3-e1de-4b84-aabe-35092133c6b9","block_type":"box","text":"guaranteed by SSGA. SSGA is not liable for investment decisions based","page_number":3,"box":{"x":515,"y":406,"width":427,"height":9}},{"id":"92667801-8684-48c7-a001-9b0279f4d6a2","block_type":"box","text":"on this information and it should not be relied on as such. There is no","page_number":3,"box":{"x":516,"y":419,"width":403,"height":7}},{"id":"311241c3-66cd-4b32-9b87-330f3537521d","block_type":"box","text":"representation or warranty as to the current accuracy, reliability or","page_number":3,"box":{"x":516,"y":432,"width":393,"height":8}},{"id":"f3e7a26a-52d2-43b3-8a18-64865a6ae174","block_type":"box","text":"completeness of this information.","page_number":3,"box":{"x":516,"y":445,"width":197,"height":8}},{"id":"081e6494-5eb2-4433-84cb-b63983739d81","block_type":"box","text":"Data and metrics have been sourced as follows from the following","page_number":3,"box":{"x":516,"y":462,"width":389,"height":9}},{"id":"96527a1d-709c-454c-b705-73225b785ac6","block_type":"box","text":"contributors as of the date of this report, and are subject to their","page_number":3,"box":{"x":516,"y":475,"width":379,"height":9}},{"id":"3a367dc2-4537-4226-8247-58a0a0b53ee0","block_type":"box","text":"disclosures below. All other data has been sourced by SSGA.","page_number":3,"box":{"x":516,"y":488,"width":360,"height":8}},{"id":"66776f60-328d-40bc-ac58-31005c4046a4","block_type":"box","text":"Source: MSCI: Certain information contained herein (the “Information”)","page_number":3,"box":{"x":515,"y":505,"width":419,"height":8}},{"id":"32901e39-f49d-425d-9f5b-b63007b6665b","block_type":"box","text":"is sourced from/copyright of MSCI Inc., MSCI ESG Research LLC, or their","page_number":3,"box":{"x":516,"y":518,"width":431,"height":9}},{"id":"d9f7d27a-9973-4c60-b682-a198155bf2be","block_type":"box","text":"affiliates (“MSCI”), or information providers (together the “MSCI Parties”)","page_number":3,"box":{"x":516,"y":531,"width":428,"height":9}},{"id":"c7c792af-ea42-4aa1-804d-681271df71b6","block_type":"box","text":"and may have been used to calculate scores, signals, or other indicators.","page_number":3,"box":{"x":516,"y":544,"width":427,"height":9}},{"id":"38376a1b-df01-48ae-a00d-37e410d0a5ca","block_type":"box","text":"The Information is for internal use only and may not be reproduced or","page_number":3,"box":{"x":515,"y":557,"width":411,"height":8}},{"id":"452676f9-977a-4b82-ae4d-181ec68d8fa8","block_type":"box","text":"disseminated in whole or part without prior written permission. The","page_number":3,"box":{"x":516,"y":570,"width":395,"height":8}},{"id":"04a9dfdb-a2a6-4e93-98fd-4a3189c12390","block_type":"box","text":"Information may not be used for, nor does it constitute, an offer to buy","page_number":3,"box":{"x":516,"y":582,"width":411,"height":9}},{"id":"9fba5054-4c0b-4640-b508-7b4df241f019","block_type":"box","text":"or sell, or a promotion or recommendation of, any security, financial","page_number":3,"box":{"x":516,"y":595,"width":396,"height":9}},{"id":"99110914-2d57-41db-a1c7-a5a12c1c173a","block_type":"box","text":"instrument or product, trading strategy, or index, nor should it be taken as","page_number":3,"box":{"x":516,"y":608,"width":433,"height":9}},{"id":"b567db87-abcc-4b26-8116-4e5135039dd5","block_type":"box","text":"an indication or guarantee of any future performance. Some funds may","page_number":3,"box":{"x":516,"y":621,"width":420,"height":9}},{"id":"7c254d8a-29fe-44a7-844e-c21d6c86bbe0","block_type":"box","text":"be based on or linked to MSCI indexes, and MSCI may be compensated","page_number":3,"box":{"x":516,"y":634,"width":422,"height":8}},{"id":"1590a68d-e850-4167-b3b0-09a51e21e4f7","block_type":"box","text":"based on the fund’s assets under management or other measures.","page_number":3,"box":{"x":516,"y":646,"width":392,"height":9}},{"id":"bb09292c-a869-4aed-9e94-cfe357259784","block_type":"box","text":"MSCI has established an information barrier between index research","page_number":3,"box":{"x":516,"y":659,"width":407,"height":7}},{"id":"6dbf086f-835c-4e9a-9c29-7a9f42ada081","block_type":"box","text":"and certain Information. None of the Information in and of itself can be","page_number":3,"box":{"x":516,"y":672,"width":413,"height":7}},{"id":"f26d3ddb-e571-458e-a56e-b3144e2ffa5c","block_type":"box","text":"used to determine which securities to buy or sell or when to buy or sell","page_number":3,"box":{"x":516,"y":685,"width":412,"height":9}},{"id":"12544461-6b97-4ba7-9da0-c5292f42aa54","block_type":"box","text":"them. The Information is provided “as is” and the user assumes the entire","page_number":3,"box":{"x":515,"y":698,"width":431,"height":8}},{"id":"3e0603cd-42bc-4034-9a4a-a3c3d300e52c","block_type":"box","text":"risk of any use it may make or permit to be made of the Information.","page_number":3,"box":{"x":516,"y":711,"width":398,"height":8}},{"id":"cf81e867-d00d-4e12-b3c3-b9270167e364","block_type":"box","text":"No MSCI Party warrants or guarantees the originality, accuracy and/","page_number":3,"box":{"x":516,"y":723,"width":403,"height":9}},{"id":"d3c0a7bf-9b0b-4553-85d6-3c47a8882766","block_type":"box","text":"or completeness of the Information and each expressly disclaims all","page_number":3,"box":{"x":516,"y":736,"width":401,"height":9}},{"id":"584e4ef5-6862-43b8-b93c-90b9fe835d5b","block_type":"box","text":"express or implied warranties. No MSCI Party shall have any liability for","page_number":3,"box":{"x":516,"y":749,"width":418,"height":9}},{"id":"143e923f-27aa-4c09-997a-acb2571c8deb","block_type":"box","text":"any errors or omissions in connection with any Information herein, or any","page_number":3,"box":{"x":516,"y":762,"width":428,"height":8}},{"id":"8d1afa42-2a25-497a-a595-40cf3b9dc331","block_type":"box","text":"liability for any direct, indirect, special, punitive, consequential or any","page_number":3,"box":{"x":516,"y":775,"width":405,"height":8}},{"id":"ebdb8ad5-a0b3-4f3e-98c7-480a69f5fe52","block_type":"box","text":"other damages (including lost profits) even if notified of the possibility of","page_number":3,"box":{"x":516,"y":787,"width":426,"height":9}},{"id":"ddc014bd-51d0-4eb8-a18e-63d67b9b9ab2","block_type":"box","text":"such damages.","page_number":3,"box":{"x":515,"y":800,"width":89,"height":9}},{"id":"8c55ecf6-dcbe-4515-bcaa-767707033c23","block_type":"box","text":"The returns on a portfolio of securities which exclude companies that do","page_number":3,"box":{"x":515,"y":818,"width":429,"height":9}},{"id":"5354a38a-1f82-4dd4-aa9d-7745d3e555fa","block_type":"box","text":"not meet the portfolio’s sustainable strategy criteria may trail the returns","page_number":3,"box":{"x":516,"y":831,"width":428,"height":9}},{"id":"f750e1d9-17fa-4b47-ab26-b0f9bf6bf964","block_type":"box","text":"on a portfolio of securities which include such companies. A portfolio’s","page_number":3,"box":{"x":516,"y":844,"width":415,"height":8}},{"id":"c20a6379-56a5-4dd8-b114-92216e36ffde","block_type":"box","text":"sustainable strategy criteria may result in the portfolio investing in","page_number":3,"box":{"x":515,"y":856,"width":389,"height":9}},{"id":"16ce6317-df0a-4c19-877a-3d3ad22d141a","block_type":"box","text":"industry sectors or securities which underperform the market as a whole.","page_number":3,"box":{"x":516,"y":869,"width":432,"height":9}},{"id":"f3e2c9ef-3f73-4930-a3ad-6e0ded3fa075","block_type":"box","text":"For AIFMD Funds where applicable:","page_number":3,"box":{"x":516,"y":887,"width":224,"height":8}},{"id":"b1c68ff1-697e-4df5-89e2-fcf3b52dd292","block_type":"box","text":"For Professional Client/Qualified Investor Use Only in the","page_number":3,"box":{"x":516,"y":904,"width":360,"height":9}},{"id":"00ba97e1-4aeb-45f2-9e6b-aac73fe86942","block_type":"box","text":"Report ID: 5593174.1","page_number":3,"box":{"x":362,"y":968,"width":113,"height":9}},{"id":"dd581451-b48a-493d-a379-5eec56610183","block_type":"box","text":"Published: 12 Sep 2026","page_number":3,"box":{"x":496,"y":968,"width":129,"height":9}},{"id":"1973be18-7215-4390-9051-89be2867c3ff","block_type":"box","text":"P","page_number":3,"box":{"x":899,"y":968,"width":5,"height":6}},{"id":"4176e3cd-cdd7-4cfe-bef2-8319190c44a3","block_type":"box","text":"a","page_number":3,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"39c2d4fb-fc30-4844-a832-055e30fbc65e","block_type":"box","text":"g","page_number":3,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"9764bb8a-b835-4e75-8151-1ec29d79496a","block_type":"box","text":"e","page_number":3,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"4901f338-7251-4d02-9483-f16d98baf2a9","block_type":"box","text":"3","page_number":3,"box":{"x":924,"y":968,"width":5,"height":6}},{"id":"f1f83747-c0e2-41d9-9629-ac863a11f03c","block_type":"box","text":"of","page_number":3,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"c285ddd7-36c5-4835-828c-ae5d7842e6c3","block_type":"box","text":"4","page_number":3,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"00ab3c69-68c8-45bd-b310-e52d37c0cf0f","block_type":"box","text":"Switzerland, Netherlands, Sweden and United Kingdom. Not for","page_number":4,"box":{"x":50,"y":35,"width":404,"height":9}},{"id":"3a9baa59-1139-4ffd-b750-a88da8a38d6b","block_type":"box","text":"public distribution.","page_number":4,"box":{"x":51,"y":48,"width":119,"height":8}},{"id":"0b5dfa12-b812-4d71-b366-ea23a28a6b65","block_type":"box","text":"In the UK, this document has been issued by State Street Global Advisors","page_number":4,"box":{"x":51,"y":65,"width":433,"height":9}},{"id":"1f0feb00-a19f-4136-8616-43174bcb482f","block_type":"box","text":"Limited (“SSGAL”). Authorized and regulated by the Financial Conduct","page_number":4,"box":{"x":51,"y":78,"width":418,"height":9}},{"id":"231a383b-f17b-4e9c-8d9d-ae313522380b","block_type":"box","text":"Authority, Registered No.2509928. VAT No. 5776591 81. Registered","page_number":4,"box":{"x":50,"y":91,"width":398,"height":9}},{"id":"c87bd523-6f8a-4093-a7da-c7d215d0ba7f","block_type":"box","text":"office: 20 Churchill Place, Canary Wharf, London, E14 5HJ. Telephone:","page_number":4,"box":{"x":50,"y":104,"width":413,"height":9}},{"id":"25899e34-334d-44d7-a02c-8408a33157df","block_type":"box","text":"020 3395 6000. Facsimile: 020 3395 6350 Web:","page_number":4,"box":{"x":50,"y":117,"width":292,"height":7}},{"id":"7cbc1c20-3796-4658-8cc6-316d3ab66fe6","block_type":"box","text":"www.ssg","page_number":4,"box":{"x":346,"y":119,"width":51,"height":6}},{"id":"6c625f89-7166-49b0-ac24-c02b8fce2fe9","block_type":"box","text":"a.com","page_number":4,"box":{"x":397,"y":119,"width":36,"height":5}},{"id":"ac4129e7-2003-4656-820e-834426f90289","block_type":"box","text":"NOTICE TO PERSONS IN THE EUROPEAN ECONOMIC AREA","page_number":4,"box":{"x":51,"y":134,"width":387,"height":7}},{"id":"96c79217-58c8-42b3-a741-399d5fab42be","block_type":"box","text":"(“EEA”)","page_number":4,"box":{"x":51,"y":147,"width":47,"height":8}},{"id":"b21d0da2-c447-4169-870a-c764f527950b","block_type":"box","text":"The fund is permitted to market into the relevant EEA jurisdiction","page_number":4,"box":{"x":50,"y":165,"width":385,"height":8}},{"id":"1f2de237-a5aa-491e-83d2-79562078d697","block_type":"box","text":"pursuant to either Article 42 of AIFMD (if and as implemented under","page_number":4,"box":{"x":51,"y":177,"width":403,"height":9}},{"id":"a94450d5-9b4e-481e-a068-5bece87d5a3d","block_type":"box","text":"national laws of such member state); or (ii) can otherwise be lawfully","page_number":4,"box":{"x":51,"y":190,"width":401,"height":9}},{"id":"46bd6dcc-8579-44c8-817f-42bd1a9e5ad3","block_type":"box","text":"offered or sold (including on the basis of an unsolicited request from a","page_number":4,"box":{"x":50,"y":203,"width":412,"height":9}},{"id":"341c62d2-4416-4f18-b7b7-d1593faf38bf","block_type":"box","text":"professional client/qualified investor).","page_number":4,"box":{"x":51,"y":216,"width":221,"height":9}},{"id":"a1ed0214-03b7-4603-a402-028423c70329","block_type":"box","text":"The Fund is an alternative investment fund for the purpose of the","page_number":4,"box":{"x":50,"y":234,"width":413,"height":8}},{"id":"a468383c-6026-4eb0-a3d3-ae6b8dd1dec8","block_type":"box","text":"European Union Alternative Investment Fund Managers Directive","page_number":4,"box":{"x":51,"y":247,"width":415,"height":8}},{"id":"95de522a-7b55-4f6a-aaea-c4440f7c2da6","block_type":"box","text":"(Directive 2011/61/ EU) (the “AIFMD”). It is not a regulated collective","page_number":4,"box":{"x":51,"y":259,"width":427,"height":9}},{"id":"860ab6f5-f1cf-4ce0-8c5d-2d8495a488e2","block_type":"box","text":"investment scheme for purposes of the Financial Services and","page_number":4,"box":{"x":51,"y":272,"width":394,"height":9}},{"id":"d881772c-4dec-44c7-89c6-52f6872473df","block_type":"box","text":"Markets Act 2000 of the United Kingdom (“FSMA”). The promotion","page_number":4,"box":{"x":51,"y":285,"width":426,"height":9}},{"id":"f2dcf340-0e1f-48a1-bfe5-64cc67de66d5","block_type":"box","text":"of the fund and the distribution of this material in the UK is","page_number":4,"box":{"x":50,"y":298,"width":369,"height":7}},{"id":"2c26de4a-b2e1-4d9f-88d9-712092a76f4f","block_type":"box","text":"restricted by law to Professional Investors Only. The information","page_number":4,"box":{"x":51,"y":311,"width":408,"height":8}},{"id":"2341c575-7688-4445-b38b-41c268e3bd78","block_type":"box","text":"provided does not constitute tax advice, investors should consult","page_number":4,"box":{"x":51,"y":323,"width":413,"height":9}},{"id":"fbd07175-e55c-483c-9782-791a3ac41eec","block_type":"box","text":"their tax advisors with respect to their particular tax situations and","page_number":4,"box":{"x":50,"y":336,"width":426,"height":9}},{"id":"518b7c5c-ee5c-431d-b0d1-5dfca71f6a36","block_type":"box","text":"the tax effects of an investment in the Fund.","page_number":4,"box":{"x":50,"y":349,"width":277,"height":7}},{"id":"9a7bc3f1-78a6-4510-bb63-befa10f79271","block_type":"box","text":"The fund is an alternative investment fund for the purpose of the","page_number":4,"box":{"x":50,"y":367,"width":410,"height":8}},{"id":"7ca8195f-571a-40df-be61-c5dbf0c8ec1a","block_type":"box","text":"European Union Alternative Investment Fund Managers Directive","page_number":4,"box":{"x":51,"y":380,"width":415,"height":8}},{"id":"1c9638a1-12a1-4816-b07a-8a2022253001","block_type":"box","text":"(Directive 2011/61/ EU) (“AIFMD”). SSGA Funds Management, Inc.","page_number":4,"box":{"x":515,"y":35,"width":414,"height":9}},{"id":"45857f5c-f132-44cf-8f3a-9a10e47668fb","block_type":"box","text":"or State Street Global Advisors Trust Company is the alternative","page_number":4,"box":{"x":515,"y":48,"width":411,"height":8}},{"id":"a08ddf53-3104-455f-8200-54f50b3cbb27","block_type":"box","text":"investment fund manager (“AIFM”) of the fund and is an affiliate of","page_number":4,"box":{"x":515,"y":60,"width":421,"height":9}},{"id":"bf317210-3ce7-4a43-afd2-fc0b6e42a281","block_type":"box","text":"State Street Global Advisors Limited.","page_number":4,"box":{"x":515,"y":73,"width":238,"height":7}},{"id":"2c2088f0-3a8c-4c30-bf1b-1e5e8832dfea","block_type":"box","text":"For Switzerland Qualified Investor: The distribution of interests of U.S.","page_number":4,"box":{"x":516,"y":91,"width":408,"height":7}},{"id":"35046d8b-aaf0-4dda-871b-7caf03922a4b","block_type":"box","text":"SPDR ETFs in Switzerland will be exclusively made to, and directed at,","page_number":4,"box":{"x":515,"y":104,"width":413,"height":9}},{"id":"7294ac77-9d8a-4175-87a7-695a06ac81cb","block_type":"box","text":"qualified investors according to Article 10(3) and (3ter) of the Swiss","page_number":4,"box":{"x":515,"y":117,"width":397,"height":8}},{"id":"0472573e-5831-40aa-83ae-6ed44251bb7c","block_type":"box","text":"Collective Investment Schemes Act (“CISA”) and its implementing","page_number":4,"box":{"x":515,"y":129,"width":391,"height":9}},{"id":"180c0ca1-2273-4f08-8cd1-091d640270fa","block_type":"box","text":"ordinance. The legal documents of U.S. SPDR ETFs can be obtained free","page_number":4,"box":{"x":515,"y":142,"width":428,"height":9}},{"id":"00c734a8-5ba8-45d5-ac99-8dcc7dc0512f","block_type":"box","text":"of charge from the representative in Switzerland. Swiss Representative","page_number":4,"box":{"x":515,"y":155,"width":420,"height":9}},{"id":"d7fae00b-f52b-4ce4-b046-9391738b3796","block_type":"box","text":"& Swiss Paying Agent: State Street Bank International GmbH","page_number":4,"box":{"x":515,"y":168,"width":360,"height":9}},{"id":"7f8b4c33-0b39-4e7d-94f9-881070e5466c","block_type":"box","text":"Kalanderplatz 5, 8045 Zürich, Switzerland Tel: +41 44 560 500.","page_number":4,"box":{"x":516,"y":181,"width":374,"height":8}},{"id":"103d1f7f-9bbd-4cd5-96f7-104d629b2ca3","block_type":"box","text":"SSGA Funds Management, Inc. serves as the investment advisor to the","page_number":4,"box":{"x":515,"y":198,"width":419,"height":9}},{"id":"4cbd7bc9-2449-49c4-882a-3eac512c1161","block_type":"box","text":"SPDR ETFs that are registered with the United States Securities and","page_number":4,"box":{"x":515,"y":211,"width":404,"height":9}},{"id":"4a04fbff-b02d-4f19-adda-dc5df2f6f8d4","block_type":"box","text":"Exchange Commission under the Investment Company Act of 1940.","page_number":4,"box":{"x":516,"y":224,"width":401,"height":9}},{"id":"c2736078-bb3a-4554-8d94-97409eae6475","block_type":"box","text":"SSGA Funds Management, Inc. is an affiliate of State Street Global","page_number":4,"box":{"x":515,"y":237,"width":392,"height":9}},{"id":"848b739b-01f1-4054-8531-51a9e9f61cfc","block_type":"box","text":"Advisors Limited.","page_number":4,"box":{"x":515,"y":250,"width":103,"height":7}},{"id":"59bf52f0-1243-49eb-b9a7-95e88794c1ec","block_type":"box","text":"Before investing, consider the funds’ investment objectives, risks,","page_number":4,"box":{"x":515,"y":267,"width":417,"height":9}},{"id":"1a51abbb-3deb-4874-8c65-f61f3a60fa54","block_type":"box","text":"charges and expenses. To obtain a prospectus which contains","page_number":4,"box":{"x":515,"y":280,"width":393,"height":9}},{"id":"321bc9f2-f475-4bc4-b91c-8cfb52344f5d","block_type":"box","text":"this and other information, visit ssga.com or talk to your financial","page_number":4,"box":{"x":515,"y":293,"width":411,"height":9}},{"id":"61cb5d17-8b1b-40d2-b493-6a1c2cbf8160","block_type":"box","text":"advisor. Read it carefully before investing.","page_number":4,"box":{"x":515,"y":306,"width":266,"height":8}},{"id":"3dd5bb6e-b31a-4dce-932f-b8105e5f7c7a","block_type":"box","text":"© 2026 State Street Corporation - All Rights Reserved.","page_number":4,"box":{"x":515,"y":331,"width":326,"height":9}},{"id":"e15061c8-bfe1-43e7-bc0b-290b6ee9e7af","block_type":"box","text":"Tracking Code : 8886773.1.1.EMEA.INST","page_number":4,"box":{"x":515,"y":344,"width":236,"height":9}},{"id":"48447dab-3b30-44f4-aa4b-8b1672b0b780","block_type":"box","text":"Expiration Date : 04.30.2027","page_number":4,"box":{"x":516,"y":357,"width":169,"height":9}},{"id":"1af469af-5054-4034-b036-e149e1510db7","block_type":"box","text":"State Street Global Advisors Worldwide Ent","page_number":4,"box":{"x":515,"y":370,"width":259,"height":7}},{"id":"3807cbf3-a7dc-4863-9e41-f118f86a45ad","block_type":"box","text":"ities","page_number":4,"box":{"x":775,"y":370,"width":23,"height":7}},{"id":"1aed6213-fdf6-4cd7-a1e6-5337263f3aaa","block_type":"box","text":"Report ID: 5593174.1","page_number":4,"box":{"x":362,"y":968,"width":113,"height":9}},{"id":"2d19a121-d529-4056-a5cb-ef356d2acea7","block_type":"box","text":"Published: 12 Sep 2026","page_number":4,"box":{"x":496,"y":968,"width":129,"height":9}},{"id":"d379c207-e48f-476b-a94d-bb06571f1d51","block_type":"box","text":"P","page_number":4,"box":{"x":898,"y":968,"width":6,"height":6}},{"id":"8ee562b5-a9ae-4962-9fae-6b143f0a42ab","block_type":"box","text":"a","page_number":4,"box":{"x":904,"y":970,"width":6,"height":4}},{"id":"76e2fe21-b675-4eef-b72f-d43db6652b5f","block_type":"box","text":"g","page_number":4,"box":{"x":910,"y":970,"width":5,"height":5}},{"id":"255ff656-6560-4a83-8df1-44383a38a041","block_type":"box","text":"e","page_number":4,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"d2879f9d-b4f8-413e-8fc5-92f851db0e83","block_type":"box","text":"4","page_number":4,"box":{"x":923,"y":968,"width":7,"height":6}},{"id":"1304fafd-3674-4139-ae95-e8f89e41118d","block_type":"box","text":"of","page_number":4,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"f16edfb0-b731-4024-b13d-9be3f68fb550","block_type":"box","text":"4","page_number":4,"box":{"x":943,"y":968,"width":7,"height":6}}],"unit":"per_mille","page_width":595,"page_height":[{"value":841,"pages":[1]},{"value":842,"pages":[2,3,4]}],"attributes":{"chunk_type":"page_range","start_page":1,"end_page":4}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"75e6c25a-a647-4f41-b721-daea6601d7b5"},"user_id":1000002,"date_created":"2026-10-05T20:49:04.006000Z","date_modified":"2026-10-05T20:49:04.006000Z","private":false}