Leverage Shares plc

15 June 2023

THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF THE HOLDERS OF THE ETP SECURITIES. IF ANY ETP SECURITYHOLDER IS IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD CONSULT THEIR OWN INDEPENDENT PROFESSIONAL ADVISERS IMMEDIATELY.

If you have recently sold or otherwise transferred your entire holding(s) of ETP Securities referred to below, you should immediately forward this document to the purchaser or transferee or to the stockbroker, bank or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee.

Notice to ETP Securityholders of the Leverage Shares 3x Tesla ETP Securities (ISIN: XS2297549128) (the "Relevant Series")

Leverage Shares plc (the "Issuer") has previously advised the ETP Securityholders of the Relevant Series that the degree of leverage exposure provided by the Relevant Series to the Reference Asset on the exchanges where it trades, will deviate from its Leverage Factor until further notice (the "Tracking Error"). 

By way of update, the Issuer intends to bring the degree of leverage exposure provided by the Relevant Series to the Reference Asset to close to 2.85x as at open of trading on 16 June 2023, on the exchanges on which it trades. Furthermore, as at open of trading on 19 June 2023, the Issuer expects that the Tracking Error will cease and the Leverage Factor will return to 3x.

Terms used but not defined in this notice shall bear the meanings assigned to them in the Issuer's Base Prospectus approved by the Central Bank of Ireland on 4 May 2023.

If you have any queries arising from this notice, please contact us at info@leverageshares.com.

Yours sincerely

Neil Fleming and Lisa Hand

Directors

Leverage Shares plc