Goldman Sachs JUST U.S. Large Cap Equity ETF (JUST US) - Portfolio Construction Methodology

Core Viewpoint - The JUST U.S. Large Cap Equity ETF is designed to provide exposure to large-cap U.S. equities with a focus on companies that score above average on "JUST" criteria, which include worker, customer, environmental, community, and shareholder issues [1]. Group 1: Index Construction Methodology - The underlying index is based on the Russell 1000, with companies ranked by JUST Capital's composite scores [1]. - Only the top 50% of companies within each Industry Classification Benchmark (ICB) are included in the index [1]. - Industry weights are aligned with those of the Russell 1000 during the annual reconstitution in December, and constituents are weighted according to their market capitalizations within each industry [1]. - The index maintains sector neutrality and follows standard FTSE Russell corporate-action treatment without specific caps on single names, sectors, or countries [1]. - The index is calculated as a total return series in USD [1].