Split-Off: MiniMed Group, Inc. (MMED)

Tilt Indices LLC announces a split-off adjustment affecting the index. Medtronic plc (MDT) has announced the preliminary results of the exchange offer for the split-off of distributing shares of MiniMed Group, Inc. (MMED). MDT intends to accept 55,032,401 tendered shares from shareholders in exchange for 252,813,348 shares of MMED, representing an exchange ratio of approximately 4.5939 shares of MMED distributed for every 1 share of MDT tendered. As a result, MDT's weight in the index will be reduced, while MMED will be added according to the exchange ratio. The effective date of the adjustment will be is 2026-10-14. This adjustment is made in accordance with the Tilt Indices General Index Methodology & Calculation Manual.