LPX Rebalancing Announcement January 8, 2026

1. LPX Composite Index

  • No additions or exclusions during this cycle.
  • Technical adjustment only: Sofina SA (SOF BB) – step 4/8 of phased inclusion (increase by additional 1/8 of capped shares).

2. LPX Major Market Index

  • Included: Capital Southwest Corp. (CSWC UW)
  • Excluded: Prospect Capital Corporation (PSEC UW)

3. LPX50 Index

  • Included: CVC Capital Partners plc (CVC NA)
    Phased inclusion step 1/2 with 50% of capped shares
  • Excluded: Compass Diversified Holdings (CODI UN)

4. LPX Direct US

  • Included: Molten Ventures plc (GROW LN)
  • Excluded: Compass Diversified Holdings (CODI UN)

5. LPX Listed Private Credit Index AUD Hedged

  • No changes in index composition.
  • Index subject solely to technical rebalancing in accordance with the Index Guide.

6. LPX Regional Indices

  • LPX Europe: Inclusion of CVC Capital Partners plc (CVC NA); Exclusion of VNV Global AB (VNV SS)
  • LPX America: Inclusion of Fidus Investment Corp. (FDUS UW) and Gladstone Capital Corp. (GLAD UW);
    Exclusion of Crescent Capital BDC, Inc. (CCAP UQ) and Compass Diversified Holdings (CODI UN)
  • LPX UK: No changes

7. LPX Style Indices

  • LPX Direct: Inclusion of Molten Ventures plc (GROW LN); Exclusion of IP Group Plc (IPO LN)
  • LPX Buyout: Inclusion of Barings BDC Inc. (BBDC UN) and Mutares SE & Co. KGaA (MUX GY);
    Exclusion of Compass Diversified Holdings (CODI UN) and BlackRock TCP Capital Corp. (TCPC UW)
  • LPX Mezzanine: Inclusion of Blue Owl Capital Corp. (OBDC UN) and Carlyle Secured Lending Inc. (CGBD UW);
    Exclusion of ICG plc (ICG LN), Horizon Technology Finance Corp. (HRZN UW) and Phenixfin Corp. (PFX UQ)
  • LPX Venture: No changes
  • LPX Indirect: No changes

Announcement Dates

  • Announcement of new number of shares (Share Fixing Date): Friday, January 2, 2026

The share fixing will be performed using closing prices as of 31 December 2025 (New Year holiday adjustment).

  • Announcement of new number of shares (Share Fixing Date) for LPX Direct US: Wednesday, January 7, 2026
  • Date of chaining (based on closing prices): Thursday, January 8, 2026
  • Effective Date: Friday, January 9, 2026

Published by LPX AG, Florastrasse 17, CH-8008 Zurich, Switzerland.