“The sustained presence of Charge in the Russell indexes holds great importance, as the companies included in these indexes are considered representatives of their specific market segments. Moreover, they serve as benchmarks for diverse investment strategies and portfolios, and signify a notable degree of financial strength and dependability,” stated Andrew Fox, Founder, Chairman and Chief Executive Officer of Charge Enterprises. “By retaining our inclusion in these market indexes, we anticipate heightened awareness of our vision and multi-phased strategic direction. Our primary focus lies in advancing our position in the electrical, broadband and EV charging infrastructure markets.”

Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, 2023, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.