iShares US Large Cap Max Buffer Jun UCITS ETFIndex, costs, backtest, listings and taxation

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The Fund is actively managed and aims to reflect the price return of US large cap equities represented by the S&P 500 Index (the "Index") up to an approximate cap on positive performance of the Index (the “Upside Cap”) whilst seeking to provide a level of downside protection against negative performance of the Index (the “Approximate Buffer”) when shares are held from the beginning to the end of a specified one year outcome period (the “Outcome Period”). The Approximate Buffer aims to protect against approximately 100% of the Index’s downside performance where shares are held for an entire Outcome Period. The performance of the Fund is subject to the Upside Cap which is an approximate cap on the positive performance of the Fund in respect of an Outcome Period. A new Upside Cap and Approximate Buffer will be set for each Outcome Period and will vary from one Outcome Period to the next. The Approximate Buffer and Upside Cap (and the Fund’s position relative to each during an Outcome Period) should be considered before investing in this Fund (see the Fund’s website). To achieve the target outcomes sought by the Fund for an Outcome Period, an investor must hold shares in the Fund for that entire Outcome Period. Investors who invest during an Outcome Period or sell their shares prior to the end of an Outcome Period may experience very different results than the Fund’s investment objective. In order to achieve its investment objective, the Fund enters into unfunded total return swaps which seek to deliver the performance of the Index and listed options in order to implement the Approximate Buffer and the Upside Cap. The Fund may, via FDIs, generate varying amounts of market leverage (i.e. where the Fund gains market exposure in excess of the value of its assets). The Fund is actively managed and the Investment Manager (the "IM") has discretion to select the Fund’s investments. The IM is not bound by the components or weighting of the Index when selecting investments. The Index should be used by investors to compare the performance of the Fund, although the implementation of the Approximate Buffer and the Upside Cap means that the performance of the Fund may differ significantly from the Index. Using unfunded total return swaps may result in a ‘swap spread’, which is the overall economic impact of the swaps and is reflected in the Fund’s NAV. The weighted average swap spread in respect of the Fund is available on the BlackRock website at www.blackrock.com. The price of equity securities fluctuates daily and may be influenced by factors affecting the performance of the individual companies issuing the equities, as well as by daily stock market movements, and broader economic and political developments which in turn may affect the value of your investment.

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The return on your investment in the Fund is directly related to the value of the underlying assets of the Fund, less costs (see “What are the costs?” below). The relationship between the return on your investment, how it is impacted and the period for which you hold your investment is considered below (see “How long should I hold it and can I take my money out early?”).

The depositary of the Fund is State Street Custodial Services (Ireland) Limited. Further information about the Fund can be obtained from the latest annual report and half-yearly reports of the iShares VI plc. These documents are available free of charge in English and certain other languages. These can be found, along with other (practical) information, including prices of units, on the iShares website at: www.ishares.com or by calling +49 89427295800 or from your broker or financial adviser.

Your shares will be accumulating shares (i.e. income will be included in their value). Your shares will be denominated in US Dollar, the Fund's base currency. The shares are listed and traded on various stock exchanges. In normal circumstances, only authorised participants may buy and sell shares directly with the Fund. Investors who are not authorised participants (e.g. select financial institutions) can generally only buy or sell the shares on the secondary market (e.g. via a broker on a stock exchange) at the then prevailing market price. The value of the shares are related to the value of the underlying assets of the Fund, less costs (see “What are the costs?” below). The prevailing market price at which the shares trade on the secondary market may deviate from the value of the Shares. Indicative net asset value is published on relevant stock exchanges websites.

Intended retail investor:The Fund is intended for retail investors with the ability to bear losses up to the amount invested in the Fund (see “How long should I hold it and can I take my money out early?”).

Insurance benefits:The Fund does not offer any insurance benefits.

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