Casablanca Stock Exchange: Four New Stocks Join the MASI 20

Four new stocks will replace Managem, Mutandis, CIH Bank, and HPS in the MASI 20 index, in accordance with the index selection methodology based on free float capitalization and liquidity criteria. Following this revision, the composition of the MASI 20 will include: - AKDITAL - ALLIANCES - ATTIJARIWAFA BANK - BANK OF AFRICA - BCP - CDM - CFG BANK - CIMENTS DU MAROC - CMGP GROUP - COSUMAR - DOUJA PROM ADDOHA - ITISSALAT AL-MAGHRIB - JET CONTRACTORS - LABEL VIE - LafargeHolcim Maroc - RESIDENCES DAR SAADA - SODEP-Marsa Maroc - SONASID - TAQA MOROCCO - TGCC S.A The MASI 20 index was created and launched by the Casablanca Stock Exchange on December 31, 2019, to meet the needs of the general public and market participants, particularly institutional investors. It is designed to reflect the performance of the 20 most liquid companies listed on the Casablanca Stock Exchange and serves as a benchmark for both local and international investors. The index aims to represent the main sectors of the Casablanca market through a mix of free float capitalization and trading volume. The methodology for determining the index sample is based on an initial universe of 40 large free float capitalizations, with selection criteria focused on liquidity (trading volumes and frequency of listing). Additionally, a prudent capping mechanism is in place, aligned with international standards and the constraints of mutual funds, to limit the excessive weight of certain stocks. The index composition is reviewed annually based on the historical data from the previous rolling year, with occasional revisions possible in the event of exceptional operations affecting the float and/or liquidity of the constituent stocks.