iSTOXX® Inverse Leveraged -3X COIN Index – USD (Net Return) is a rules-based, real-time single-stock leveraged benchmark designed to provide inverse daily exposure equal to three times the daily performance of Coinbase Global, Inc. common stock, subject to the effects of daily leverage resetting, financing costs, borrowing costs and broker margin fees. The index is part of the iSTOXX Single Stock Leveraged index family administered by STOXX Ltd., a global index provider owned by Qontigo GmbH, and is intended primarily as an underlying benchmark for exchange-traded products and other structured investment instruments offered to sophisticated investors seeking short-term, magnified bearish exposure to Coinbase shares. The index applies a -3x daily leverage factor to the reference asset and is calculated in U.S. dollars on a net-return basis; its methodology incorporates applicable borrowing and margin costs and can require intraday rebalancing when the reference stock reaches prescribed price-movement thresholds, with the objective of maintaining the stated inverse leverage profile. The index underlies the Leverage Shares -3x Short Coinbase (COIN) ETP Securities, issued by Leverage Shares plc, including securities listed in European markets. Recent operational developments include an intraday index rebalance on February 13, 2026, after Coinbase shares rose 16.68% from the prior close and breached the 16.67% methodology trigger; the related ETP securities were rebalanced over a subsequent 10-minute period. STOXX Ltd., founded in 1997 and headquartered in Zug, Switzerland, develops and licenses global equity, fixed-income, thematic, sustainability, factor, derivatives and customized index products for asset managers, exchanges, banks and other financial-market participants across Europe, the Americas and Asia-Pacific.