BlackRock® Canada Announces Change to the iShares Convertible Bond Index ETF

Group 1 - BlackRock Canada announces that the iShares Convertible Bond Index ETF is expected to experience higher than normal portfolio turnover due to changes in the FTSE Canada Convertible Bond Index composition [1] - The rebalance of the Index is scheduled for January 31, 2025, which may lead to increased transaction costs for the iShares ETF [1] - The iShares ETF is not expected to realize any net capital gains as a result of the upcoming rebalance [1] Group 2 - FTSE Global Debt Capital Markets Inc. announced changes to the sector classification schema for the Index, which will now follow the Refinitiv Business Classification [2] - The Index will also adhere to the holiday calendar published by the Toronto Stock Exchange [2] - FTSE published the official Index proforma on January 24, 2025, confirming the impact of these changes [2] Group 3 - iShares has over 20 years of experience and manages more than 1500 exchange-traded funds with US$4.2 trillion in assets under management as of December 31, 2024 [5] - iShares funds are managed by BlackRock Asset Management Canada Limited, leveraging BlackRock's portfolio and risk management expertise [5]