The international ETF marketplace looks set to expand. ETF issuance looks set to increase in all regions, with the most notable increase in EMEA, which more is than twice as many issuers selected compared to last year. In what region do you plan to launch? 11% 8% CANADA 19% 8% 5%* EMEA 100% 92% ASIA U.S. 2019 2020 *Issuers had no plans to launch in Asia in 2019 Perhaps not surprisingly, developed market international equity ranked second highest in planned launches. Investor demand is likely to f ollow as the market develops . (See full asset class results on page 4.) 25% 41% Launch Developed Market Buy Developed Marke t International Equity International Equity Issuer Investor 5

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