Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
Effective June 25, 2021, Christopher Demetriou resigned as President and Chief
Executive Officer of Aberdeen Standard Investments ETFs Sponsor LLC, the Sponsor
of the Registrant (the "Sponsor"). Mr. Demetriou had served as Principal
Executive Officer of the Registrant.
Effective June 25, 2021, Steven Dunn was appointed President and Chief Executive
Officer of the Sponsor. Mr. Dunn will serve as Principal Executive Officer of
the Registrant.
Steven Dunn age 52, is currently Head of Exchange Traded Funds for Aberdeen
Standard Investments Inc. ("Aberdeen"), the sole member of the Sponsor. Mr. Dunn
joined Aberdeen in 2018, as a result of Aberdeen's acquisition of the U.S.
business of exchange traded product provider ETF Securities. Prior to joining
Aberdeen, Mr. Dunn was Executive Director, Head of U.S. for ETF Securities since
September of 2015. Prior to joining ETF Securities, Mr. Dunn was a Director at
Deutsche Bank in the ETF business.
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