Resolution Criteria

This market resolves to YES if the S&P 500 index has a higher percentage return than the EURO STOXX 50 index for the month of March 2025, measured from market close on February 28, 2025, to market close on March 31, 2025.

The market resolves to NO if:

• The EURO STOXX 50 outperforms the S&P 500 during this period

• Both indices have identical percentage returns

• Both indices decline, but the S&P 500 declines more than the EURO STOXX 50

Performance will be measured in their native currencies (USD for S&P 500 and EUR for EURO STOXX 50) without currency conversion.