Proposed Adjustment to Sandisk DLCs

Sandisk Corporation announced an eight-for-one forward stock split of its common stock. The date (“Ex-Date”) on which the Sandisk Corp Shares are expected to commence trading on ex Stock Split basis is 20 November 2026. Holders of the Certificates should note that trading in the DLCs on the SGX will be suspended on 20 November 2026 and will resume from 23 November 2026. For the avoidance of doubt, 20 November 2026 will still be an Observation Date. Please refer to the proposed adjustment formula for the Sandisk DLCs here.

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DLC Funds Flow

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DLC funds flow is calculated by change in DLC outstanding units (positive if there is increase in outstanding units, i.e. investors net bought DLCs from Designated Market Makers)
multiplying by the last intrinsic close of the corresponding DLCs, aggregated by Underlying Asset and direction for the selected timeframe.
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