Leverage Shares plc

11 September 2024

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 following Series of ETP Securities issued by Leverage Shares plc (the "Issuer")

Leverage Shares 5x Long US Tech 100 ETP Securities (ISIN XS2399364152),

Leverage Shares 5x Long US 500 ETP Securities (ISIN XS2399364582),

Leverage Shares -3x Short US Tech 100 ETP Securities (ISIN XS2399364319),

Leverage Shares -3x Short US 500 ETP Securities (ISIN XS2399364665)

(each a "Series" and together, the "Relevant Series")

The Issuer hereby gives notice of certain upcoming modifications to the Investment Strategies of the Relevant Series, as further detailed below.

The Investment Strategies of the Relevant Series are being amended so that they provide the Leveraged Exposure or Short Exposure, as determined by the applicable Leverage Factor, to the indices/benchmarks tracked by the Current Reference Assets as detailed in the table below (the "Relevant Indices") and to enter into futures contracts highly correlated with the Relevant Indices to offer the intended Leveraged Exposure or Short Exposure (together, the "Investment Strategy Amendment").

The Issuer also hereby gives notice of the change of name of each Relevant Series as further outlined in the below table, to reflect the Investment Strategy Amendment (together, the "Naming Modifications")

Additional Adjustments - applicable to the Leverage Shares -3x Short US Tech 100 ETP Securities & Leverage Shares -3x Short US 500 ETP Securities only (the "Inverse Series"):

In addition to the above adjustments, which will apply to all the Relevant Series, the Issuer hereby gives notice of the increase to the inverse leverage factor from -3x to -5x in respect of the Inverse Series only (the "Leverage Factor Increase").

The Investment Strategy Amendment will allow the Relevant Series to meet the listing requirements of Euronext Milan. Currently, providing sole exposure to the Reference Assets of the Relevant Series does not meet the eligibility requirements for listing on Euronext Milan. As such, following the implementation of the Investment Strategy Amendment, Naming Modifications and Leverage Factor Increase (collectively referred to herein as the "Modifications"), it is intended to list the Relevant Series on Euronext Milan. The listing of the Relevant Series on Euronext Milan shall be notified, to ETP Securityholders, in advance.

The Modifications shall be effective as at 17 September 2024.

Capitalised terms used, but not defined, in this notice shall have the meaning given thereto in the Master Definitions Schedule in relation to the Programme dated 17 July 2024.

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

Yours sincerely

The Directors

Leverage Shares plc