Index Change Advice – 20201207 Allied Electronics Corp A - Demerger of Bytes Technology Group Allied Electronics Corp A (South Africa): Demerger of Bytes Technology Group (South Africa) FTSE/JSE Africa Index Series 02 December 2020 Subject to the completion of the demerger of Bytes Technology Group (South Africa, non-constituent) from Allied Electronics Corp A (South Africa, constituent), please see details of affected indexes and effective dates below: Effective From Index Change Start of Trading FTSE/JSE Small Cap Index (J202) Bytes Technology Group (South Africa, 07 December 2020 BNDS238, GB00BMH18Q19) will be added to the index with a shares in issue total of 150,179,056* and an investability weighting of 56.787184212302%. Allied Electronics Corp A (South Africa, BQXKXY3, ZAE000191342) will remain in the index with an unchanged shares in issue total of 400,477,483 and an unchanged investability weighting of 56.787184212302%. FTSE/JSE All Share Index (J203) Bytes Technology Group will be added 07 December 2020 to the index as detailed above. Allied Electronics Corp A will remain in the index as detailed above. FTSE/JSE RAFI All Share Index Bytes Technology Group will be added 07 December 2020 (J263) to the index as detailed above. Allied Electronics Corp A will remain in the index as detailed above. FTSE/JSE RAFI All Share Capped Bytes Technology Group will be added 07 December 2020 Index (J283) to the index as detailed above. Allied Electronics Corp A will remain in the index as detailed above. FTSE/JSE Capped All Share Index Bytes Technology Group will be added 07 December 2020 (J303) to the index as detailed above. Allied Electronics Corp A will remain in the index as detailed above. Effective From Index Change Start of Trading FTSE/JSE Style Index (J330 and Bytes Technology Group will be added 07 December 2020 J331) to the index as detailed above. Allied Electronics Corp A will remain in the index as detailed above. FTSE/JSE All Share Shariah Index Bytes Technology Group will be added 07 December 2020 (J143) to the index as detailed above. Allied Electronics Corp A will remain in the index as detailed above. FTSE/JSE All-Share Minimum Bytes Technology Group will be added 07 December 2020 Variance Index (J703) to the index as detailed above. Allied Electronics Corp A will remain in the index as detailed above. FTSE/JSE All Share Comprehensive Bytes Technology Group will be added 07 December 2020 Factor Index (J203CF) to the index as detailed above. Allied Electronics Corp A will remain in the index as detailed above. FTSE/JSE All Share Yield Factor Bytes Technology Group will be added 07 December 2020 Index (J203DF) to the index as detailed above. Allied Electronics Corp A will remain in the index as detailed above. FTSE/JSE All Share Low Volatility Bytes Technology Group will be added 07 December 2020 Focused Factor Index (J203LF) to the index as detailed above. Allied Electronics Corp A will remain in the index as detailed above. FTSE/JSE All Share Momentum Bytes Technology Group will be added 07 December 2020 Factor Index (J203MF) to the index as detailed above. Allied Electronics Corp A will remain in the index as detailed above. FTSE/JSE All Share Quality Factor Bytes Technology Group will be added 07 December 2020 Index (J203QF) to the index as detailed above. Allied Electronics Corp A will remain in the index as detailed above. FTSE/JSE All Share Size Factor Bytes Technology Group will be added 07 December 2020 Index (J203SF) to the index as detailed above. Allied Electronics Corp A will remain in the index as detailed above. FTSE/JSE All Share Value Factor Bytes Technology Group will be added 07 December 2020 Index (J203VF) to the index as detailed above. Allied Electronics Corp A will remain in the index as detailed above. Effective From Index Change Start of Trading FTSE/JSE All Share Volatility Factor Bytes Technology Group will be added 07 December 2020 Index (J203VOF) to the index as detailed above. Allied Electronics Corp A will remain in the index as detailed above. FTSE/JSE Shareholder Weighted All Bytes Technology Group (South Africa, 07 December 2020 Share Index (J403) BNDS238, GB00BMH18Q19) will be added to the index with a shares in issue total of 150,179,056* and an investability weighting of 56.787184212302%. Allied Electronics Corp A (South Africa, BQXKXY3, ZAE000191342) will remain in the index with an unchanged shares in issue total of 400,477,483 and an unchanged investability weighting of 56.787184212302%. FTSE/JSE Capped Shareholder Bytes Technology Group will be added 07 December 2020 Weighted All Share Index (J433) to the index as detailed above. Allied Electronics Corp A will remain in the index as detailed above * The number of shares is based on the default notes conversion ratio of 3 Bytes Technology Group shares and cash to the value of 1 Bytes Technology Group share for every 8 Allied Electronics Corp A share held. Bytes Technology Group has been added using the mid-point of the price range confirmed by the company. Due to the cash element, the demerger will not be index market capitalisation neutral. The ICB classification for Bytes Technology Group will be 9533 (Computer Services) upon addition. The ICB classification will be updated to 9537 (Software) effective from the open 21 December 2020 (at the earliest). Please note: Bytes Technology Group will be held static in the indexes until it commences trading, it is expected to commence trading on a conditional basis on 11 December, and unconditionally from 17 December 2020. Shareholders can elect to redeem the notes received in exchange for more cash up until 09 December, and there will also be a primary offering of Bytes Technology Group shares conducted, further Index Notices will be released once the results are known, with any further change effective in conjunction with the review, effective from the open 21 December 2020 (at the earliest). Bytes Technology Group will be a secondary inward listing on the Johannesburg Stock Exchange. The IFL free float will be reflected at the March 2021 review. For further information please contact FTSE Russell Client Services at info@ftserussell.com or indices@jse.co.za or call: Australia +1800 653 680 Hong Kong +852 2164 3333 Japan +81 3 4563 6346 London +44 (0) 20 7866 1810 New York +1866 551 0617 JSE Limited +27 11 520 7000 Alternatively please visit our website at www.ftserussell.com or www.ftsejse.co.za Terms of Use | Copyright © 2020 FTSE Russell Date: 02-12-2020 05:30:00 Produced by the JSE SENS Department. 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