Themes ETF Trust – Leverage Shares 2X Long TSEM Daily ETF is a non-diversified, actively managed exchange-traded fund that seeks daily investment results, before fees and expenses, equal to 200% of the daily percentage change in the market price of Tower Semiconductor Ltd.’s common stock (Nasdaq: TSEM). The Fund provides leveraged single-stock exposure primarily through direct investments in TSEM shares and financial instruments with similar economic characteristics, including swap agreements and options; it generally invests at least 80% of net assets, plus borrowings for investment purposes, in such instruments. The Fund is designed for sophisticated and retail investors seeking tactical, short-term exposure to Tower Semiconductor, a semiconductor solutions company, and does not seek to achieve its objective over periods longer than a single trading day. It is classified within the leveraged equity and single-stock ETF segments, charges a 0.99% management fee, and is issued by Themes ETF Trust and managed by Themes Management Company LLC. The Fund is domiciled in the United States and is listed for trading on Cboe. TSEG was launched on June 16, 2026, as part of Leverage Shares by Themes’ expansion of its leveraged ETF platform, which introduced eight new 2X long single-stock ETFs focused on semiconductor and technology-related equities, including Tower Semiconductor.