On a corporate action affecting ordinary shares of Hess Corporation (HES)

On May 28, 2024, stockholders of Hess Corporation approved a merger agreement with Chevron Corporation under which Chevron Corporation will acquire Hess Corporation. Hess Corporation stockholders will receive 1.025 of a share of common stock of Chevron per share of Hess Corporation that they own. The transaction is preliminary expected to close in May 2025. 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.