Strategy Modification Financials & Goldminers

Leverage Shares plc

18 June 2025

THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF THE HOLDERS OF THE ETP SECURITIES. IF ANY ETP SECURITYHOLDER IS IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD CONSULT THEIR OWN INDEPENDENT PROFESSIONAL ADVISERS IMMEDIATELY

If you have recently sold or otherwise transferred your entire holding(s) of ETP Securities referred to below, you should immediately forward this document to the purchaser or transferee or to the stockbroker, bank or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee.

Notice to ETP Securityholders of the Leverage Shares 3x Long Financials ETP Securities (ISIN XS2399369540), Leverage Shares -3x Short Financials ETP Securities (ISIN XS2399369623), Leverage Shares 3x Long Gold Miners ETP Securities (ISIN XS2399369896), Leverage Shares, -3x Short Gold Miners ETP Securities (ISIN XS2399369979) (each a "Series" and together, the "Relevant Series")

The Issuer hereby gives notice of certain upcoming modifications to the Investment Strategies of the Relevant Series, as further detailed below.

The current objective of each of the Relevant Series is to provide the Leveraged Exposure or Short Exposure, as determined by the applicable Leverage Factor, to the applicable Reference Asset. The current Reference Asset for each Series is as set out in the table below (the "Current Reference Asset").

For the Series which provide for a Leveraged Exposure, leverage is achieved by borrowing from the Margin Loan Provider. For the Series which provide for a Short Exposure, the Issuer will take a short position by borrowing the Reference Asset of the Series from the Margin Loan Provider.

The Investment Strategy of each Relevant Series will be amended to include an additional Reference Asset, as outlined in the table below (the "Additional Reference Asset"). The new investment objective of each Relevant Series will be to provide the Leveraged Exposure or Short Exposure, as applicable, to either the Current Reference Asset or the Additional Reference Asset, or a combination of both. The Reference Asset of each Relevant Series will be confirmed on the Issuer's website.

The way in which the Issuer will achieve leverage will also be amended. For Series which provide for a Leveraged Exposure, leverage will be achieved by borrowing from the Margin Loan Provider and and/or entering into futures contracts or options contracts highly correlated with the Reference Assets of the Series, listed on the Chicago Mercantile Exchange Inc., Intercontinental Exchange Inc., Euronext Milan or any of their subsidiaries (the "Futures Exchanges").

For Series which provide for a Short Exposure, the Issuer will take a short position by borrowing the Reference Asset of the Series from the Margin Loan Provider and/or entering into short positions in futures contracts or options contracts highly correlated with the Reference Assets of the Series and listed on the Futures Exchanges.

The changes set out above are collectively referred to herein as the "Modifications".

The Modifications fall within the definition of an "Investment Strategy Modification" as defined in the Conditions. The Issuer is permitted to make the Modifications without the consent of the Trustee or the ETP Securityholders of the Relevant Series pursuant to Condition 14.2(B).

The Modifications shall be effective as of 23 June 2025.

Capitalised terms used, but not defined, in this notice shall have the meaning given thereto in the Master Definitions Schedule in relation to the Programme dated 17 July 2024.

If you have any queries arising from this notice, please contact us at [email protected].

Yours sincerely

The Directors

Leverage Shares plc