August 17, 2020

Morningstar Receives Recognition as a Non-EU Administrator of Benchmarks under the European Benchmarks Regulation (BMR)

LONDON, 17 August 2020—Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced its recognition as a non-EU Administrator of benchmarks under the European Benchmarks Regulation (BMR)1. The BMR introduces a common framework and consistent approach to benchmark regulation, with an objective of ensuring the accuracy and integrity of benchmarks across the European Union.

As a recognised non-EU Administrator, supervised entities in the EU may use the indexes provided by Morningstar in financial instruments available in the EU, including exchange-traded funds (ETFs).

“Our recognition under the BMR demonstrates Morningstar Indexes’ commitment to quality and transparency in index construction, and a deep understanding of index management best practices,” said Ron Bundy, President, Morningstar Indexes. “We look forward to continuing to offer a broad range of investor-focused indexes based on our proprietary research and data to European investable product issuers.”

Morningstar’s benchmarks are listed on the European Securities and Markets Authority (ESMA) register for third country benchmarks, accessed through their website.

Investors use Morningstar Indexes to understand market performance across regions, styles, and asset classes. Morningstar Indexes are also licensed by institutions to create distinct index-linked investment products, to analyse performance, or to make asset allocation decisions across geographic regions. Since its inception in 2002, asset value linked to Morningstar Indexes has grown to $62 billion (as of 30 June 2020).

For more information about Morningstar Indexes, visit http://indexes.morningstar.com.

1 Recognition received in accordance with Article 32 of the Benchmark Regulation (Regulation (EU) 2016/1011 of 8 June 2016).

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About Morningstar, Inc.

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The Company offers an extensive line of products and services for individual investors, financial advisors, asset managers, retirement plan providers and sponsors, and institutional investors in the debt and private capital markets. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $205 billion in assets under advisement and management as of June 30, 2020. The Company had operations in 27 countries as of June 30, 2020. For more information, visit http://www.morningstar.com/company. Follow Morningstar on Twitter @MorningstarInc.

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Mary Kenefake, +44 (0) 203 1941027 or mary.kenefake@morningstar.com


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