US Index Update

Research evidence excerpt

US Index Update

Global Quantitative and Derivatives Strategy Team Min Moon

Week of Jul 13, 2026 As of Jul 16, 2026 (Close) g +1 (212) 272 ,8456 min.k.moon@jpmorgan.comg

Tuesday, July 21, 2026

• SP500 S&P SmallCap 600 constituent Molina Healthcare Inc. (NYSE: MOH) will replace National Storage Affiliates Trust (NYSE: NSA) in the S&P MidCap 400, and Construction Partners Inc. (NASD: ROAD) will replace Molina

SP600 Healthcare in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, July 22. S&P 500 constituent Public Storage (NYSE: PSA) is acquiring National Storage Affiliates Trust in a deal that is expected to

SP400 be completed on or about that date pending final conditions.

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 500 S Inc 16-Jul-26 21-Jul-26 PSA Public Storage (RE) Acquiring NSA $ 324.50 175.55 186.35 0.076% 0.081% 0.005% 1.18 1.18 1.22 219.00 0.90

S&P 400 Add 16-Jul-26 21-Jul-26 MOH Molina Healthcar (HC) Moving from S&P 600 $ 224.82 0.00 52.10 0.000% 0.329% 0.329% 5.26 (0.59) (0.55) 0.00 1.00

S&P 400 Delete 16-Jul-26 21-Jul-26 NSA National Storage Acquired by PSA $ 45.45 77.19 0.00 0.088% 0.000% -0.088% -6.94 (6.94) (7.74) 369.00 0.92

S&P 600 Delete 16-Jul-26 21-Jul-26 MOH Molina Healthcar (HC) Moving to S&P 400 $ 224.82 52.10 0.00 0.667% 0.000% -0.667% -5.85 (0.59) (0.55) 1.00 1.00

S&P 600 Add 16-Jul-26 21-Jul-26 ROAD Construction P-A (ID) Replacing MOH $ 102.41 0.00 47.99 0.000% 0.272% 0.272% 5.22 5.22 6.74 0.00 1.00

R2/RS Delete Confirmed 17-Jul-26 NUVL Nuvalent Inc-A Acquisition $ 123.96 52.28 0.00 -5.03 (5.03) (2.46)