Russell Index Changes Delete: ARI, NSA, Share Inc: PSA

Research evidence excerpt

Russell Index Changes Delete: ARI, NSA, Share Inc: PSA

US Index Update

Global Quantitative and Derivatives Strategy Team Min Moon

Week of Jul 13, 2026 As of Jul 15, 2026 (3:30 PM) g +1 (212) 272 ,8456 min.k.moon@jpmorgan.comg

Friday, July 17, 2026

• R2000 Apollo Commercial Real Estate Finance has elected to voluntarily liquidate its assets. The dissolution and plan of liquidation is pending Apollo Commercial Real Estate Finance's shareholder meeting on a date to be announced.

Apollo Commercial Real Estate Finance will be removed from the FTSE Russell Indexes on July 17, 2026 (after the close).

• R1000 Public Storage (PSA; R1, T2, V, G, DF, DY) will acquire National Storage Affiliates for stock. In the transaction, each share of National Storage Affiliates will be exchanged for 0.14 shares of Public Storage. The merger was

approved at National Storage Affiliates' shareholder meeting on July 14, 2026. National Storage Affiliates will be removed from the FTSE Russell Indexes upon completion of the merger. The style probabilities are expected to

change to 10.6% growth and 89.4% value and the stability probabilities are expected to change to 47.9% defensive and 52.1% dynamic.

Shares Out (M) Indexer Flows S&P Index

Index Announcement Effective on Current New Weight Days to Ticker Name (Sector**) Event Detail Last Price Event Date Close of Wgt Wgt Change Gross Net Trade Old New Shares Shares Rank IWF

(M) (M)

S&P 400 Add 14-Jul-26 16-Jul-26 BTSG Brightspring Hea (HC) Replacing GTLS $ 68.06 0.00 192.89 0.000% 0.305% 0.305% 16.17 (1.45) (0.44) 0.00 0.82

S&P 400 Delete 14-Jul-26 16-Jul-26 GTLS Chart Industries Acquired $ 209.94 44.95 0.00 0.266% 0.000% -0.266% -4.58 (5.99) (4.42) 151.00 1.00