Themes ETF Trust – Leverage Shares 2X Long Memory Daily ETF is a U.S.-incorporated exchange-traded fund that seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Roundhill Memory ETF (DRAM). The fund provides leveraged, daily-reset long exposure to the global memory-semiconductor ecosystem, including companies involved in DRAM, NAND flash, high-bandwidth memory and related memory technologies and supply-chain activities. It is intended principally for sophisticated and active traders seeking tactical, short-term exposure to the performance of the memory-chip market rather than long-term buy-and-hold investment exposure, as compounding may cause returns over periods longer than one day to differ materially from twice the underlying ETF’s cumulative performance. The fund is managed by Themes Management Company LLC under the Themes ETF Trust and is marketed through the Leverage Shares by Themes platform. RAML trades on Cboe under the ticker RAML, charges a 0.99% management fee, and is based in the United States; Themes Management Company LLC is headquartered in Greenwich, Connecticut. The fund was launched and began trading on July 23, 2026, representing the most recent major development for the product and expanding Leverage Shares by Themes’ lineup of daily leveraged ETFs with a dedicated product focused on the memory semiconductor market.