New York, NY – January 06, 2026 – KraneShares, a leading provider of thematic exchange-traded funds, today announced that the KraneShares Artificial Intelligence & Technology ETF (Ticker: AGIX) has increased its direct ownership stake in xAI, the artificial intelligence company founded by Elon Musk.

As of January 2, 2026, xAI represents 6.60% of AGIX’s portfolio, making it the fund’s largest holding. AGIX also maintains a significant private investment in Anthropic, which represents 4.21% of the portfolio and is currently the fund’s fourth-largest holding as of the same day; the fund’s holdings are subject to change.

AGIX was designed to provide investors with exposure to the full AI ecosystem—combining liquid, index-based public equity exposure with selective access to leading private AI companies. KraneShares believes this hybrid structure has contributed meaningfully to the fund’s differentiated performance profile.

“AGIX’s private AI holdings have been a key source of value creation,” said Derek Yan, CFA, Senior Investment Strategist at KraneShares. “While the fund’s public equity sleeve closely tracks its performance benchmark, AGIX has outperformed that index by 7.40% since inception, driven primarily by gains from its private AI investments¹.”

AGIX invested in Anthropic in February 2025. As of January 2026, the estimated fair value of this position saw a nearly a fourfold increase in value over the eleven-month period.

Similarly, AGIX initially invested in xAI in July 2025. The current estimated fair value of the Fund's July position represents more than a twofold increase in value in approximately six months.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed or sold, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. For quarterly performance and performance data current to the last month-end, please visit kraneshares.com/etf/agix.

AGIX employs a robust, committee-driven valuation process for private shares that prioritizes primary round pricing and, where appropriate, incorporates observable secondary market data, with all methodologies and assumptions consistently reviewed and documented. For more information, please click here.

KraneShares believes that combining index-driven public market exposure with targeted private investments in companies such as xAI and Anthropic allows AGIX to offer investors a unique way to access both liquidity and early-stage innovation within a single ETF structure.

---

About KraneShares

KraneShares is an investment manager focused on providing innovative, high-conviction, and first-to-market ETFs based on extensive investing knowledge. KraneShares identifies groundbreaking capital market opportunities and offers investors cost-effective and transparent tools for gaining exposure to diverse asset classes. Founded in 2013, KraneShares serves institutions and financial professionals globally.

For AGIX top 10 holdings, risks, and other fund information, please click here.

Citations:

1. Data from Bloomberg as of 01/02/2026. AGIX’s performance benchmark is the Solactive Etna Artificial General Intelligence Index, which is comprised of global securities with a high business exposure to the AI business. This includes companies active in the provision of AI Hardware, AI Infrastructure and AI Applications.