Changes to Index Tracked by Sprott Junior Gold Miners ETF (SGDJ)

Core Insights - Sprott Asset Management USA, Inc. announced changes to the index methodology for the Sprott Junior Gold Miners ETF, which tracks the Solactive Junior Gold Miners Custom Factors Index, following a remarkable return of over 171% for junior gold miners as of December 19, 2025 [1]. Index Methodology Changes - The minimum market capitalization threshold for new eligible securities will be revised from below USD $2 billion to below USD $3 billion [9]. - Existing index constituents must not have a market cap of more than $4 billion [9]. - The index universe will be changed from the Solactive Global Gold Explorers & Developers Total Return Index to the Market Watch of the Solactive Global Gold Explorers & Developers Total Return Index [9]. - The index will have a target of 25 to 30 constituents [9]. Company Overview - Sprott Asset Management USA, Inc. is a wholly-owned subsidiary of Sprott Inc., focusing on precious metals and critical materials investments, with a presence in Toronto, New York, Connecticut, and California [4].