I. Portfolio Lab Rulebook

Scope

This rulebook governs the Portfolio Lab, a public, rules based experiment tracking structured global equity portfolios under strict execution and reporting constraints.

The Portfolio Lab consists of four independent equity portfolios:

1. JP Portfolio – Japan equities
2. KR Portfolio – South Korea equities
3. ID Portfolio – Indonesia equities
4. US Portfolio – United States equities

Each portfolio is:

• managed independently
• benchmarked against its own national index
• reported strictly on a weekly close basis only

SECTION I — EQUITY PORTFOLIO RULES

1. Primary Listing Rule

2. Position Weighting & Portfolio Flexibility

3. Capital Classification