iShares MSCI EMU Paris-Aligned Climate UCITS ETFIndex, costs, backtest, listings and taxation

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The Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the MSCI EMU Climate Paris Aligned Benchmark Select PAB Index, (“Index”). The Fund is passively managed and aims to invest in the equity securities (e.g. shares) that make up the Index. The Index aims to reflect the performance characteristics of a subset of equity securities within the MSCI EMU Index (“Parent Index”), which are selected and weighted to reduce exposure to transition and physical climate risks, and to pursue opportunities arising from the transition to a lower carbon economy whilst seeking to align with the objectives of the Paris Agreement as described further in the Fund’s prospectus. The Index excludes companies which are identified by the index provider as being involved in certain environmental, social and governance (“ESG”) controversies. Further details regarding the Index (including the methodology) are available on the Index provider’s website at https://www.msci.com/indexes/ishares. The Fund may obtain limited exposure to securities considered not to satisfy these ESG criteria. The Parent Index measures the performance of large and mid capitalisation stocks across developed market countries in the European Economic and Monetary Union (“EMU”) which comply with MSCI's size, liquidity, and free-float criteria. Companies are included in the Parent Index based on the proportion of their shares in issue that are available for purchase by international investors. The Fund intends to replicate the Index by holding the equity securities, which make up the Index, in similar proportions to it. The investment manager may use financial derivative instruments (“FDIs”) (i.e. investments the prices of which are based on one or more underlying assets) to help achieve the Fund’s investment objective. FDIs may be used for direct investment purposes. The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to off-set the costs of the Fund. 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. 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?”).

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The depositary of the Fund is The Bank of New York Mellon SA/NV, Dublin Branch. Further information about the Fund can be obtained from the latest annual report and half-yearly reports of the iShares VII 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 distributing shares (i.e. income will be paid on the shares semi-annually). Your shares will be denominated in Euro, 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.

Countries

Dividends

• XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans

• BG Saxozero within the savings plan (buys)
• XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans