EUROPEAN EXCHANGE TRADED PRODUCT SET CHANGES

Q&A

EUROPEAN EXCHANGE TRADED PRODUCT SET CHANGES

Originally published 31 July 2019 and updated 20 September 2019 with final prices added 26 September 2019.

WHAT'S HAPPENING?

WisdomTree is announcing changes to its European Exchange Traded Product (ETP) set. These changes represent the final stage of the integration of ETF Securities, which was acquired April 2018. In the coming months, the Company will rename 224 Boost ETP and ETF Securities products so they uniformly sit under the WisdomTree brand. The Company will also close 192 products that were duplicates or extraneous across the most extensive product range in Europe. WisdomTree will continue to offer one of the most comprehensive product sets in Europe with 250 products available across commodities, equities, foreign exchange, fixed income and alternatives, after this process has completed.

WHICH PRODUCTS WILL BE CLOSING?

The full list of products that will close is listed below. The majority of assets under management (AUM) represented by these closures sits in products that are duplicated across the business. Where relevant, we have included an alternative equivalent for investors who wish to re-invest in a similar product.

WHICH PRODUCTS ARE CHANGING THEIR NAME AND WHY?

The products that will change their name are listed below. Following the acquisition of ETF Securities in April 2018 and of Boost ETPs in 2016, all ETF Securities and Boost ETP product names will be changed to uniformly sit under the WisdomTree brand. The only product which will keep its name is Gold Bullion Securities (GBS). It is expected that both product closures and name changes will be complete by the 26th of September 2019.

DO I NEED TO DO ANYTHING WITH MY INVESTMENTS IN RESPONSE TO THE PRODUCT RENAMING?

No. These are cosmetic changes and will not affect your investments. The products will all continue to pursue their stated investment objectives as per usual.

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IF I AM INVESTED IN A PRODUCT THAT IS CLOSING, WHAT DO I NEED TO DO?

In order to help the Products wind down their affairs, it is expected that securities will stop trading on their respective exchanges after the close of trading on or around 16 September 2019. We encourage investors to sell their securities prior to the delisting date of the products.

DOES WISDOMTREE OFFER ALTERNATIVES TO THE PRODUCTS WHICH ARE BEING CLOSED?

In some cases, where products are being closed due to an overlap in the product range, WisdomTree will continue to maintain and support a product with similar or equivalent exposure to the product which is being closed.

If you are invested in a product which is being closed and you are interested in keeping your exposure, you may wish to trade out of the product closed and into the equivalent product being offered. In case WisdomTree will continue to offer a product with equivalent exposure to the product being closed, that equivalent product is listed beside the closed product on the list of product closures below.

WHAT SHOULD I EXPECT TO HAPPEN IN THE PROCESS OF CLOSING DOWN A PRODUCT?

The following timeline can provide additional detail about the process and what investors should expect at each stage

31st July 2019

The date of the announcement notifying investors of the expected product closures and name changes. The notice period between the date of the announcement and the date of delisting products is intended to allow investors flexibility in managing their position(s).

We encourage investors to sell their securities prior to the delisting date of the products. Alternatively, investors may stay invested in the products and see them automatically redeemed on the 26th of September as per the process described below.

16th September 2019

This is the date at which the products selected for closure will be delisted from exchanges across Europe. This means from the 16th September, investors will no longer be able to buy or sell these securities on exchange.

Please note, from the 16th to the 23rd September, it may still be possible in some circumstances to trade out of your position "over-the-counter" (OTC) by contacting your broker or trading platform.

23rd September 2019

From this date the Issuer of the products will no longer accept redemptions and selling your product OTC from this point onwards will generally be impossible.

26th September 2019

This is the date at which these products will be valued for the final time and redeemed. The final value of investor's holdings will be based upon the price ("NAV") of each product as of the close of 26th September 2019. Investors can find all NAVs published daily on the WisdomTree website wisdomtree.eu by looking up the relevant product.

For your information - the reason why the secondary market trading has been suspended 10 days ahead of the closures is because the secondary market is made up of many participants trading in various ways on various exchanges & venues. As such, the ecosystem is subject to various levels of intermediation and, as a result, there can be a time lag between an investor trading an instrument and that position being reflected in the accounts of the various settlement systems. To ensure that the correct beneficial owner receives the proceeds from the terminated ETPs, we need to build sufficient time for this settlement to happen.

2nd October 2019 (approximately)

This is the date on which we expect to make all payments to registered holders. For uncertificated security holders, payments are expected to be made through CREST and for certificated holders, payments are

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expected to be made via cheque sent by post. The Issuer will only make payments to Security Holders who are named in the relevant register when the product closes.

To the extent that you hold your securities through a broker, custodian or other intermediary, please contact that intermediary for information on how they will pass on the payments. Typically, you should expect to receive the payment in much the same way you receive a dividend, a coupon on a bond or the payment of principle when the bond matures. It may take longer for the payment to find its way to your account if you hold the security through a broker or a nominee account of another kind. Your broker, bank or financial adviser will be able to provide further information regarding how this process will work for you.

LIST OF PRODUCT CLOSURES AND EQUIVALENT PRODUCTS REMAINING OPEN

PRODUCTS BEING CLOSED - COMMODITIES

ISIN Product Product being closed

being closed

Boost Gold 1x Short Daily ETP

IE00B94QKW89

Boost Gold 2x Leverage Daily ETP

IE00B94QKS44

Boost Gold 2x Short Daily ETP

Boost Gold ETC

IE00B94QKT50 DE000A18HC41 IE00BVFZGK87

Boost Natural Gas 2x IE00B94QKX96 Leverage Daily ETP

Boost Natural Gas 2x Short Daily ETP

IE00B94QL251

DE000A18HC58 Boost Natural Gas ETC

IE00BVFZGL94

Boost Silver 2x Leverage Daily ETP

IE00B94QL699

Boost Silver 2x Short Daily ETP

IE00B94QL921

Boost WTI Oil 1x Short DE000A2BGQW9

Daily ETP

IE00BVFZGF35

Boost WTI Oil 2x Leverage Daily ETP

DE000A2BGQX7 IE00BVFZGG42

Boost WTI Oil 2x Short DE000A2BGQY5

Daily ETP

IE00BVFZGH58

ETFS 1x Daily Short Agriculture

JE00B24DL056

ETFS 1x Daily Short Aluminium

JE00B24DK421

ETFS 1x Daily Short Cocoa

JE00B2NFT310

Equivalent products, where ISIN for

available

equivalent

(product names true until 26 September 2019)

products

ETFS 1x Daily Short Gold

DE000A0V9X09 JE00B24DKC09

ETFS 2x Daily Long Gold

DE000A0V9YZ7 JE00B2NFTL95

ETFS Gold

ETFS 2x Daily Long Natural Gas

DE000A0KRJZ9 GB00B15KXX56 DE000A2BDED2 JE00BDD9Q956

ETFS Natural Gas ETFS 2x Daily Long Silver

DE000A0KRJ36 GB00B15KY104 DE000A0V9Y57 JE00B2NFTS64

ETFS 1x Daily Short WTI Crude Oil

ETFS 2x Daily Long WTI Crude Oil

DE000A0V9XY2 JE00B24DK975 DE000A2BDEB6 JE00BDD9Q840

Price

76.56 USD

103.06 USD

52.47 USD 30.12 USD 30.12 USD 1.85 USD

77.83 USD 17.93 USD 17.93 USD 42.35 USD

50.46 USD 75.11 USD 75.11 USD 28.35 USD 28.35 USD 30.15 USD 30.15 USD 66.11 USD 75.41 USD 24.89 USD

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PRODUCTS BEING CLOSED - COMMODITIES

ISIN Product Product being closed

being closed

Equivalent products, where available

(product names true until 26 September 2019)

ISIN for equivalent products

ETFS 1x Daily Short Coffee

DE000A0V9XU0 JE00B24DK538

ETFS 1x Daily Short Corn

JE00B24DK751

ETFS 1x Daily Short Cotton

JE00B24DK868

ETFS 1x Daily Short Energy

JE00B24DKV97

ETFS 1x Daily Short Ex-Energy

JE00B24DKX12

ETFS 1x Daily Short Gasoline

JE00B24DKB91

ETFS 1x Daily Short Grains

JE00B24DL387

ETFS 1x Daily Short Heating Oil

JE00B24DKD16

ETFS 1x Daily Short Lead

JE00B2NFT088

ETFS 1x Daily Short Lean Hogs

DE000A0V9X25 JE00B24DKF30

ETFS 1x Daily Short Live Cattle

DE000A0V9X33 JE00B24DKG47

ETFS 1x Daily Short Livestock

JE00B24DL270

ETFS 1x Daily Short Petroleum

JE00B24DKW05

ETFS 1x Daily Short Platinum

JE00B2NFT195

ETFS 1x Daily Short Precious Metals

JE00B24DKY29

ETFS 1x Daily Short Softs

JE00B24DL163

ETFS 1x Daily Short Soybean Oil

DE000A0V9X74 JE00B24DKL99

ETFS 1x Daily Short Soybeans

JE00B24DKP38

ETFS 1x Daily Short Sugar

JE00B24DKQ45

ETFS 1x Daily Short Tin

JE00B2NFT203

ETFS 1x Daily Short Wheat

DE000A0V9YA0 JE00B24DKR51

Price

68.56 USD 68.56 USD 52.03 USD 22.72 USD 136.98 USD 54.71 USD 21.77 USD 63.13 USD 38.31 USD 22.22 USD 71.99 USD 71.99 USD 46.99 USD 46.99 USD 66.72 USD 47.94 USD 57.62 USD 20.69 USD 58.24 USD 87.89 USD 87.89 USD 26.05 USD 35.76 USD 18.41 USD 113.48 USD 113.48 USD

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PRODUCTS BEING CLOSED - COMMODITIES

ISIN Product Product being closed

being closed

Equivalent products, where available

(product names true until 26 September 2019)

ISIN for equivalent products

ETFS 1x Daily Short Zinc

JE00B24DKS68

ETFS 2x Daily Long All DE000A0V9YH5

Commodities

JE00B2NFV571

ETFS 2x Daily Long Cotton

JE00B2NFTH59

ETFS 2x Daily Long Energy

JE00B2NFT534

ETFS 2x Daily Long Ex-Energy

JE00B2NFT641

ETFS 2x Daily Long Gasoline

DE000A0V9YY0 JE00B2NFTK88

ETFS 2x Daily Long Grains

JE00B2NFT757

ETFS 2x Daily Long Heating Oil

JE00B2NFTM03

ETFS 2x Daily Long Industrial Metal

JE00B2NFV688

ETFS 2x Daily Long Lead

JE00B2NFTZ32

ETFS 2x Daily Long Lean Hogs

DE000A0V9Y16 JE00B2NFTN10

ETFS 2x Daily Long Live Cattle

DE000A0V9Y24 JE00B2NFTP34

ETFS 2x Daily Long Livestock

JE00B2NFT864

ETFS 2x Daily Long Precious Metals

JE00B2NFV795

ETFS 2x Daily Long Softs

JE00B2NFTB97

ETFS 2x Daily Long Soybean Oil

JE00B2NFTT71

ETFS 2x Daily Long Soybeans

JE00B2NFTV93

ETFS 2x Daily Long Tin JE00B2NFV241

ETFS 2x Daily Long Zinc

JE00B2NFTY25

ETFS 3x Daily Long Copper

JE00BYQY4F67

Boost Copper 3x Leverage Daily ETP

IE00B8JVMZ80

ETFS 3x Daily Long Gold

JE00BYQY4X40

Boost Gold 3x Leverage Daily ETP

DE000A1ZLCQ2 IE00B8HGT870

ETFS 3x Daily Long Natural Gas

JE00BYQY5H56

Boost Natural Gas 3x Leverage Daily ETP

DE000A133ZU4 IE00B8VC8061

Price

21.10 USD 3.93 USD 3.93 USD 7.99 USD 0.21 USD 10.35 USD 3.00 USD 3.00 USD 2.38 USD 1.79 USD 4.97 USD 3.32 USD 1.51 USD 1.51 USD 14.70 USD 14.70 USD 7.94 USD 33.87 USD 3.88 USD 1.46 USD 16.25 USD 14.90 USD 5.90 USD 30.12 USD

67.69 USD

0.71 USD

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