FTSE Renaissance Global IPO Index Series Ground Rules v1.4x

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SECTION 6 6.0 FREE FLOAT DETERMINATION 6.1 All Index constituents are evaluated and weighted based on free float-adjusted market capitalization. Eligible companies may be subject to adjustment for free float and multiple lines. 6.2 Free Float - Investability Weightings Constituents of the FTSE Renaissance Global IPO Index are adjusted for free float and foreign ownership limits. 6.3 Free float restrictions include: • Shares directly owned by State, Regional, Municipal and Local governments (excluding shares held by independently managed pension schemes for governments). • Shares held by Sovereign Wealth Funds where each holding is 10% or greater. If the holding subsequently decreases below 10%, the shares will remain restricted until the holding falls below 7%. • Shares held by directors, senior executives and managers of the company, and by their family and direct relations, and by companies with which they are affiliated. • Shares held within employee share plans. • Shares held by public companies or by non-listed subsidiaries of public companies. • Shares held by founders, promoters, former directors, founding venture capital and private equity firms, private companies and individuals (including employees) where the holding is 10% or greater. If the holding subsequently decreases below 10%, the shares will remain restricted until the holding falls below 7%. • All shares where the holder is subject to a lock-in clause (for the duration of that clause)*. • Shares held for publicly announced strategic reasons, including shares held by several holders acting in concert. • Shares that are subject to on-going contractual agreements (such as swaps) where they would ordinarily be treated as restricted. * Free Float changes resulting from the expiry of a lock-in will be implemented at the next quarterly review subsequent to there being a minimum of 20 business days between the lockin expiry date and the index review date. 6.3.1 The following are not considered as restricted free float: • Portfolio holdings (such as pension and insurance funds) ** • Nominee holdings (unless they represent restricted free float as defined by Rule 6.3) • Holdings by investment companies ** • ETFs ** Where any single portfolio holding is 30% or greater it will be regarded as strategic and therefore restricted. The shares will remain restricted until the holding falls below 27%. 6.4 Initial Weighting Free float restrictions will be calculated using available published information. For Equity Shares of companies which have been admitted to the Index that have a free float greater than 5%, the actual free float will be rounded up to the next highest whole percentage number. Companies with a free float of 5% or below are not eligible for inclusion in the Index. Ground Rules for the Management of the FTSE Renaissance Global IPO Index Series 14 Version 1.4 April 2013
SECTION 6 6.5 Changes in Free Float The FTSE Renaissance Global IPO Index is periodically reviewed for changes in free float. Changes are implemented at the close of business on the third Friday in March, June, September and December, unless a corporate event, such as a secondary offering or share conversion, causes a significant change in free float which would trigger movement to a new percentage, in which case the changes are implemented with a minimum of 4 days notice. If a corporate event includes a corporate action which affects the index, any change in free float will be implemented at the same time as the corporate action. If there is no corporate action, the change in free float will be applied as soon as possible after the corporate event, subject to Rule 6.6. 6.6 Percentage Point Thresholds Following the application of an initial free float restriction, a constituent’s free float will only be changed if its rounded free float moves to more than 3 percentage points above or below the existing rounded free float. Where a company’s actual free float moves to above 99%, it will not be subject to the 3 percentage points threshold and will be rounded to 100%. A constituent with a free float of 15% or below will not be subject to the 3 percentage points threshold. 6.7 Foreign Ownership Restrictions Foreign ownership restrictions, if any, will be applied after calculating the actual free float restriction as detailed in Section 6. If the foreign ownership restriction is more restrictive than the free float restriction, the precise foreign ownership restriction is applied. If the foreign ownership restriction is less restrictive or equal to the free float restriction, the free float restriction is applied, subject to Rule 6.4. Ground Rules for the Management of the FTSE Renaissance Global IPO Index Series 15 Version 1.4 April 2013
Page 1 and 2: Version 1.4 April 2013 GROUND RULES
Page 3 and 4: SECTION 1 1.0 INTRODUCTION 1.1 This
Page 5 and 6: SECTION 1 ASIA PACIFIC FTSE Renaiss
Page 7 and 8: SECTION 1 EMERGING MARKETS FTSE Ren
Page 9 and 10: SECTION 3 3.0 INDEX MANAGEMENT 3.1
Page 11 and 12: SECTION 4 4.3 Stapled Units 4.3.1 F
Page 13: SECTION 5 5.5 Screening Process 5.5
Page 17 and 18: SECTION 7 7.4.3 In the case of a co
Page 19 and 20: SECTION 9 9.0 FTSE RENAISSANCE GLOB
Page 21 and 22: SECTION 10 10.4.2 When a corporate
Page 23 and 24: SECTION 10 STAGE ONE STAGE TWO In S
Page 25 and 26: SECTION 12 12.0 INDEX QUALIFICATION
Page 27 and 28: APPENDIX A INDEX OPENING AND CLOSIN
Page 29 and 30: APPENDIX B Emerging Europe Country
Page 31 and 32: APPENDIX C Developed Europe continu
Page 33 and 34: APPENDIX E CLOSING PRICES USED FOR
Page 35: APPENDIX F FURTHER INFORMATION For

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