Cookie Notice

Introduction

At Russell Investments, we value your privacy and transparency. This Cookies Notice (the “Notice”) explains how we use cookies and similar technologies (such as pixels, tags, and beacons) on our websites (“Websites”) to make them work efficiently, enhance your browsing experience, and provide relevant content. It also explains how you can control and manage your cookie preferences.

By continuing to use our Websites with your browser set to accept cookies and after being presented with this Cookies Notice, you provide your free, specific, informed, unconditional and unambiguous consent to our use of cookies as described in this Notice for the specific purposes set out below. You can change your preferences or withdraw your consent at any time by changing your browser settings or our Cookie Settings tool. For users located in India, acceptance of this Cookies Notice and continued access to or use of the Websites constitutes express consent under the Digital Personal Data Protection Act, 2023 (“DPDPA”) and the Digital Personal Data Protection Rules, 2025 (“DPDP Rules”), except where cookies are used on the basis of deemed consent as expressly stated below.

This Notice applies to all Russell Investments websites globally and should be read together with our Privacy Policy. It reflects our commitment to comply with applicable privacy and cookies laws worldwide, including those in the United States, the European Union, the United Kingdom, Canada, Asia-Pacific, and other jurisdictions where we operate.

What Are Cookies?

Cookies are small text files that are placed on your device by websites you visit. They help websites remember your preferences, improve performance, provide security, and deliver a better experience. Some cookies are essential for our site to work, while others help us understand how our site is used or to help us deliver more relevant content.

We also use technologies that work in a similar way, such as web beacons, pixels, and tracking scripts. For simplicity, we refer to all these collectively as “cookies.”

What Types of Cookies Do We Use and For What Purpose?

Necessary cookies

Necessary cookies help keep our websites secure while enabling network management, site functionality and accessibility. For individuals located in India, such cookies may be used on the basis of deemed consent under the DPDPA and the DPDP Rules, as they are strictly necessary and reasonably expected to deliver the requested service. By accessing and using our Websites, you acknowledge and accept the use of such strictly necessary cookies as essential to the operation of the Website. You may disable necessary cookies in your browser settings, but that may affect how the website functions for you.

Preference cookies

Preference cookies enable us to store certain user selections or preferences and allows for a more tailored website experience. For individuals located in India, where preference cookies involve the processing of personal data beyond what is strictly necessary for core website functionality, your continued access to and use of the Websites after acceptance of this Cookies Notice constitutes your express consent to the collection, use, and storage of such personal data for these specific purposes, in accordance with the DPDPA and the DPDP Rules. If you do not accept the preference cookies, it may impact your use/consumption of our Websites, as detailed below under “Managing Your Cookie Preferences”.

Statistical Analytics

Measure the performance of our website and collect aggregate level information on how you use our site, for us to provide you with the best possible digital experience. No user level based behavioural data will be collected as part of this method. For individuals located in India, by accepting this Cookies Notice and continuing to use our Websites, you expressly consent to the collection, use, and processing of personal data through statistical analytics cookies for the purposes described above, in accordance with the DPDPA and the DPDP Rules.

Marketing, Tracking, Profiling, and Third-Party Cookies

Marketing, tracking, and profiling cookies are usually placed by advertising networks or third-party providers and are used to deliver relevant content, tailored advertising, and measure the effectiveness of marketing campaigns. These cookies may collect information about your interaction with our Websites, including pages visited and links clicked, and such information may be shared with or collected by third parties such as analytics or advertising partners (for example Google, LinkedIn, or YouTube). Such third parties may act as independent data fiduciaries under applicable data protection laws and are responsible for their own compliance obligations.

For individuals located in India, by accepting this Cookies Notice and continuing to access or use our Websites, you provide your express, free, specific, informed, unconditional and unambiguous consent to the collection, use, sharing, profiling, and cross-border processing of personal data through marketing, tracking, profiling, and third-party cookies for the purposes expressly described above, in accordance with the DPDPA and the DPDP Rules. Any cross-border transfer or processing of data shall be undertaken only in compliance with the DPDPA and the DPDP Rules.

Cookie Duration

Some cookies are “session cookies,” which are deleted when you close your browser, while others are “persistent cookies,” which remain on your device until they expire, or you delete them.

Managing Your Cookie Preferences

Some cookies are usSome cookies are used with your consent, such as cookies to present you with relevant products or advertisements. Conversely, some cookies, like preference cookies that are strictly necessary to remember user-selected settings may be used without consent. All other preference cookies, statistical analytics cookies, and marketing, tracking, profiling, or third-party cookies involving personal data are used on the basis of express consent as described in this Cookies Notice. If you have any concerns about our use of cookies, you can take action to prevent them from being set, such as by changing your browser settings to block or withdraw consent for certain types of cookies. You may also delete cookies held on your device at any time by going to the appropriate settings within your web browser.

You have the option to configure your devices to accept all cookies, to notify you when a cookie is issued or to never accept cookies. However, the latter option may result in some personalized services not being provided and, as a result, you may not be able to take full advantage of all the features offered by the Website. If you do not wish to receive cookies in general or only to refuse certain cookies, you can change your browser settings accordingly.

For more information on deleting or blocking cookies, please also visit: http://www.allaboutcookies.org or contact our Grievance Officer at: Grievance@russellinvestments.com

Indian users may withdraw their consent at any time through our Cookie Settings tool or browser settings, request correction or erasure of personal data, and register grievances as provided under the DPDPA and the DPDP Rules. Withdrawal of consent will not affect the lawfulness of processing carried out prior to withdrawal and will not result in denial of core services, except where cookies are strictly necessary for website functionality.

Regional Compliance

We operate globally and comply with applicable privacy and cookies laws, including the Gramm-Leach-Bliley Act (Regulation S-P), the California Consumer Privacy Act (CCPA/CPRA), the EU and UK General Data Protection Regulation (GDPR/UK GDPR), Canada’s PIPEDA, Japan’s APPI, China’s PIPL, India’s DPDP Act and similar laws in Australia, New Zealand, South Korea. We apply California and European standards as a baseline across all our locations, including our offices in Washington, Wisconsin, and New York. For users located in India, personal data collected through cookies may be processed or stored outside India, including in jurisdictions where Russell Investments operates. Any such cross-border processing is carried out in accordance with the DPDPA, the DPDP Rules and applicable Indian law.

Social Media Platforms

You may choose to engage with us on Social Media Platforms. We collect and receive information from you when you interact with our social media pages, accounts or via posts you make on Social Media Platforms.  If you choose to make any of your activities or other content available through a Social Media Platform, including on our pages, or you engage in other activities in connection with a Social Media Platform, your friends and followers on those Social Media Platforms that you have enabled, and potentially the general public, will be able to view those contributions and activities. Please remember that the manner in which Social Media Platforms use, store, and disclose your information is governed by the policies of such third parties. Russell Investments is not responsible for the privacy practices or other actions of any Social Media Platform through which we may engage with you.

Updates to this Cookies Notice

We may revise this Cookies Notice from time to time to reflect changes in our practices, technology, legal or regulatory requirements, or for other operational reasons. When we make updates, we will post the revised version on our Websites and adjust the “Last updated” date at the end of this Policy/Notice. In certain cases, where changes are material or where required by applicable law, we may provide additional notice or request your renewed consent. We encourage you to review this Policy/Notice periodically to stay informed about how we use cookies and how you can manage your preferences.

Contact Us

For India-related data protection queries or grievances, you may contact our Grievance Officer at: Grievance@russellinvestments.com. Grievances will be acknowledged and resolved in accordance with the timelines prescribed under the DPDPA and the DPDP Rules.

If you have any questions about this Cookies Policy or your data rights, please email:

privacy@russellinvestments.com

Last updated: February 2026

Any statements of opinion expressed within this publication are that of Russell Investments and are current at the time of issue. The information and opinion given in this publication is given in good faith. All opinions expressed are subject to change at any time. Russell Investments nor any of its staff accepts liability with respect to the information or opinions contained in this publication.

All investments carry a level of risk and do not typically grow at an even rate of return and could experience negative growth.

Any past performance results should not be seen as a guide to future returns. Any scenarios presented are an estimate of future performance based on evidence from the past on how the value of an investment varies and are not an exact indicator.

In EMEA this content is suitable for Professional Clients Only.

Russell Investments is committed to ensuring digital accessibility for people with disabilities. We are continually improving the user experience for everyone, and applying the relevant accessibility standards.

Russell Investments' ownership is composed of a majority stake held by funds managed by TA Associates Management, L.P., with a significant minority stake held by funds managed by Reverence Capital Partners, L.P. Certain of Russell Investments' employees and Hamilton Lane Advisors, LLC also hold minority, non-controlling, ownership stakes.

Frank Russell Company is the owner of the Russell trademarks contained in this material and all trademark rights related to the Russell trademarks, which the members of the Russell Investments group of companies are permitted to use under license from Frank Russell Company. The members of the Russell Investments group of companies are not affiliated in any manner with Frank Russell Company or any entity operating under the "FTSE RUSSELL" brand.

Issued by Russell Investments Limited. Company No. 02086230. Registered in England and Wales with registered office at: Rex House, 10 Regent Street, London SW1Y 4PE. Telephone +44 (0)20 7024 6000. Authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN.

© Russell Investments Group, LLC. 1995-2026. All rights reserved. This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an "as is" basis without warranty.