On a corporate action affecting share of exchange-traded investment fund ProShares UltraPro Short S&P500 (SPXU)

On March 20, 2024, ProShares UltraPro Short S&P500 announced an upcoming one-for-five share reverse split. Trading is expected to begin on a share reverse split-adjusted basis on April 10, 2024. For more details, please, refer to the company’s website.

ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.