WTJOPWisdomTree Japan Opportunities Index

The WisdomTree Japan Opportunities Index (referred to as “JOPN”) is designed to track the performance of Japanese companies. The Index is allocated to companies in four different buckets. First, the Index will be allocated to securities of Japanese companies that are strategic holdings of Berkshire Hathaway. Second, the Index will be allocated to companies that provide a high “total shareholder yield”, evidenced by return of capital to shareholders through either dividend distributions and/or the repurchase of shares (“buybacks”), and positive trends in earnings and dividend growth. Third, the Index will be allocated to companies classified as “Corporate Governance Improvers”, evidenced by low valuation ratio (such as a Low Price to Book ratio) and favorable earnings and dividend growth characteristics. Four, the Index will be allocated to securities that have exposures to thematic opportunities from developments in the geopolitical space, technology trends, and macro-economic conditions. The JOPN is designed to remove from Index performance the impact of changes to the value of foreign currencies relative to U.S. dollar with a hedge ratio ranging from 0 to 100% on a monthly basis. The index was established with a base value of 200 on April 30, 2025.