iShares iBonds Dec 2028 Term € Corp Crossover UCITS ETFIndex, costs, backtest, listings and taxation

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The Share Class is a share class of a 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 Bloomberg MSCI December 2028 Maturity EUR Corporate Crossover ESG Screened Index, the Fund’s benchmark index (Index). The Share Class, via the Fund, is passively managed and aims to invest so far as possible and practicable in the fixed income (e.g. bonds) securities that make up the Index and comply with its credit rating requirements. If the credit ratings of the FI securities are downgraded, the Fund may continue to hold these until they cease to form part of the Index and it is practicable to sell the position. The Index is comprised of a subset of investment grade and high yield corporate bonds from the Bloomberg Euro Corporate Index and the Bloomberg Euro High Yield Index that meet the ESG criteria and maturity constraints of the Index. To be eligible for inclusion in the Index the fixed-rate corporate bonds must, (i) be Euro-denominated; (ii) mature on, or between, 1 January 2028 and 2 December 2028; (iii) comply with the minimum amount outstanding; and (iv) comply with the credit rating requirements of the Index. Issuers are excluded if they are involved in certain business lines/activities, as outlined in the Fund’s Prospectus. Issuers are also excluded based on a ‘Red’ MSCI ESG controversy score (0), or non-compliance with the United Nations Global Compact Principles, and issuers that have not been assessed under the aforementioned ESG criteria. The Index excludes sovereign issuers subject to UNSC Trade Sanctions, applied exclusively to government debt securities in the final year of the Index. The Index is market value weighted, with a percentage cap placed on each issuer, and until a specified date in the penultimate year of the Index, on investment-grade and high-yield components of the Index. It is a term of investment in the Fund that Shareholders on 02/12/2028 will have their Shares redeemed without further notice or Shareholder approval on 03/12/2028. The Fund uses optimising techniques to achieve a similar return to its Index. These techniques may include the strategic selection of certain securities that make up the Index or other securities which provide similar performance to certain constituent securities. These may also include the use of financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets). FDIs may be used for direct investment purposes. The Fund may obtain limited exposure to securities which do not satisfy the ESG criteria. The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to offset the costs of the Fund.

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The price of fixed income securities may be affected by changing interest rates which in turn may affect the value of your investment. Fixed income securities prices move inversely to interest rates. Therefore, the market value of fixed income securities may decrease as interest rates increase. The credit rating of an issuing entity will generally affect the yield that can be earned on fixed income securities; the better the credit rating the smaller the yield.

The depositary of the Fund is The Bank of New York Mellon SA/NV, Dublin Branch. 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?”) Recommendation: This Fund is suitable for medium to long term investment, though the Fund may also be suitable for shorter term exposure to the Index. This Fund may not be appropriate for investors who plan to withdraw their money before 02/12/2028. Further information about the Fund can be obtained from the latest annual report and half-yearly reports of the iShares II 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 quarterly). 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

• Directazero on single buys from 2,500 €, agreement until 31 December 2026