Leverage Shares 1x Alphabet Tracker ETP is an exchange-traded product designed to provide direct, one-to-one price exposure to the performance of Alphabet Inc., the parent company of Google. Structured as a physically replicated equity ETP, its primary function is to mirror the price movement of Alphabet’s shares, minus a modest management fee, making it a streamlined vehicle for investors seeking focused technology sector exposure without leverage or derivatives. This tracker is passively managed to closely follow Alphabet’s share performance and does not pay dividends; any income is capitalized within the ETP. With a low expense ratio of 0.15%, it enables cost-effective participation in large-cap U.S. technology via Alphabet, a leading entity in global interactive media and communication services. Issued by Mirae Asset Global Investments under the Leverage Shares brand, the asset plays a significant role for market participants aiming for transparent, highly liquid access to Alphabet’s equity, whether for portfolio diversification or specific sector allocation. Its single underlying asset approach and straightforward equity exposure offer a clear and simple means of tracking one of the world’s most influential technology companies.