WISDOMTREE MULTI ASSET ISSUER PUBLIC LIMITED COMPANY (a public company incorporated with limited liability in Ireland) WISDOMTREE FTSE 100 3X DAILY SHORT SECURITIESISIN:IE00B7VB3908 RESULTS OF MEETING OF THE ETP SECURITYHOLDERS

WisdomTree FTSE 100 3x Daily Short Securityholders approved an extraordinary resolution to reduce the securities' principal amount from GBx20 to GBx2. The amendment to the Trust Deed was executed by the issuer, manager and trustee and took effect on 21 September 2026. The action is a structural adjustment to the leveraged inverse ETP and is unlikely to have broad market impact.

Analysis

This is an ETP capital-structure maintenance event rather than an operating or earnings catalyst for WisdomTree (WT). The amendment removes a mechanical risk that an ultra-levered inverse product becomes commercially or operationally impaired after prolonged equity-market strength, but it does not alter the product's daily-reset exposure or create a meaningful change in WT's management-fee economics. WT equity should therefore not be traded on the announcement; any valuation relevance depends on net new assets, bid/ask quality, and issuer hedging costs rather than the revised denomination.

The investable implication is confined to the 3UKS instrument and related UK index-volatility positioning. A lower nominal principal can improve tradability optics and postpone product-closure risk, but daily compounding remains punitive in a rising or volatile FTSE 100 tape: inverse 3x holders can lose capital even if the index is broadly unchanged over a multi-week period. Over the next 1-3 months, elevated UK rate, fiscal, or sterling shocks could create tactical demand for inverse leverage; over 6-18 months, persistent positive equity drift and volatility decay remain structurally adverse to long holders of daily short products.

Key Decisions for Investors

• No directional position in WT based on this event. Reassess only if WisdomTree reports sustained ETP net inflows, improved European ETP fee margins, or a material change in derivative-hedging costs; this notice alone is immaterial to earnings.
• Treat 3UKS as a short-horizon hedge or tactical vehicle only, not a strategic FTSE 100 short. Limit holding periods to days around defined UK macro catalysts; exit if the hedge is not working promptly because daily-reset drag compounds with time.
• For a 1-3 month bearish UK-equity view, prefer a defined-risk FTSE 100 put spread or short FTSE 100 futures with a hard stop over a standing long 3UKS position. The key falsifier is a sustained FTSE 100 breakout with declining realized volatility, which would accelerate inverse-leverage decay.
• Monitor 3UKS secondary-market premium/discount, creation-redemption activity, and quoted spreads before using it. A widening discount or impaired liquidity would make the product unsuitable even if the underlying FTSE 100 directional thesis is correct.