SELIGSON & CO OMX HELSINKI 25 EXCHANGE TRADED FUND UCITS ETF: BOARD OF THE MANAGEMENT COMPANY

Seligson & Co Fund Management Company appointed Pekka Antikainen as chair of the board, effective 1 October 2026. Mikko Vasko, Ari Kaaro and Helena Arlander will remain board members. The announcement is a routine governance update with no financial or operational changes disclosed.

Analysis

This is a governance-only change at the management-company level with no disclosed alteration to investment mandate, fee schedule, authorized participants, index methodology, or capital-allocation policy. Absent evidence of a strategic review or personnel turnover in portfolio management, it should not affect the ETF's NAV, tracking difference, liquidity, or valuation.

The only potentially relevant second-order issue is operational: a new chair can eventually influence distribution strategy, fund range rationalization, or governance controls, but those effects would emerge over 6-18 months and require corroboration through prospectus amendments, AUM flows, fee actions, or changes in service providers. The market is unlikely to assign any near-term informational value to the announcement.

No trade is warranted. Monitor subsequent disclosures for board-driven changes to the OMX Helsinki 25 UCITS ETF's expense ratio, index licensing arrangements, securities-lending policy, or fund-merger activity; those items, rather than the appointment itself, could create measurable tracking-error or flow implications.

Key Decisions for Investors

• Take no directional position based on this notice; expected market and NAV impact over days to 3 months is de minimis.
• Set an event-monitoring alert for prospectus supplements, fee changes, benchmark changes, or ETF merger/liquidation notices over the next 6-18 months.
• If future governance actions materially raise the fund's total expense ratio or alter securities-lending economics, reassess relative attractiveness versus lower-cost Nordic equity ETF alternatives before making an allocation change.