Invesco EUR AT1 CoCo Bond UCITS ETF DistIndex, costs, backtest, listings and taxation

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Investment objective: The objective of the Fund is to provide exposure to the performance of Euro denominated Additional Tier 1 contingent convertible bonds issued by banks from global developed market countries. Dividend Policy: This Share Class declares and distributes a dividend on a quarterly basis. Investment approach: The Fund is a passively managed ETF. To achieve the investment objective, the Fund will seek to replicate the total return performance of the iBoxx EUR Contingent Convertible Liquid Developed Markets AT1 (8% Issuer Cap) Index (the "Index") less fees, expenses and transaction costs. The Fund will, as far as possible and practicable, replicate the Index by holding all the securities in the Index in a similar proportion to their respective weightings in the Index. The Fund may engage in securities lending, whereby 90% of the revenues arising from securities lending will be returned to the Fund and 10% of the revenues will be retained by the securities lending agent. The Fund may be exposed to the risk of the borrower defaulting on its obligation to return the securities at the end of the loan period and of being unable to sell the collateral provided to it if the borrower defaults. The Fund may use derivative instruments for the purposes of managing risk, reducing costs, generating additional capital or income. The Fund is an Article 8 Fund (it promotes environmental and/or social characteristics) for the purposes of Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosures in the financial services sector ("SFDR"). The Fund’s base currency is EUR.

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Redemption and Dealing of Shares:The Fund's shares are listed on one or more Stock Exchange(s). Investors can buy or sell shares daily through an intermediary directly or on Stock Exchange(s) on which the shares are traded. In exceptional circumstances investors will be permitted to redeem their shares directly from the Umbrella Fund in accordance with the redemption procedures set out in the prospectus, subject to any applicable laws and relevant charges.

Intended Retail InvestorThe Fund is intended for investors aiming for income and long term capital growth, who may not have specific financial expertise but are able to make an informed investment decision based on this document, the supplement, and the prospectus, have a risk appetite consistent with the risk indicator displayed below and understand that there is no capital guarantee or protection (100% of capital is at risk). Practical Information Fund Depositary: The Bank of New York Mellon SA/NV, Dublin Branch, Riverside Two, Sir John Rogerson’s Quay, Grand Canal Dock, Dublin 2, D02 KV60, Ireland. Find out more: This document is specific to the Fund. Further information about the Fund can be obtained from the supplement, the prospectus, annual and interim reports. The prospectus, annual and interim reports are prepared for the Umbrella Fund, of which the Fund is a sub-fund. These documents are available free of charge in English. They can be obtained along with other information, such as share prices, at https://etf.invesco.com (select your country and navigate to the Documents section on the product page), or by calling +353 1 439 8000. Pursuant to Irish law, the assets of the Fund are segregated from other subfunds in the Umbrella Fund (i.e. the Fund’s assets may not be used to discharge the liabilities of other sub-funds of the Umbrella Fund). This position may be considered differently by the courts in jurisdictions outside of Ireland. Subject to satisfying certain criteria as set out in the prospectus, investors may be able to exchange their investment in the Fund for shares in another sub-fund of the Umbrella Fund which is being offered at that time. The Index: The Index is designed to reflect the performance of EUR-denominated Additional Tier 1 ("AT1") contingent convertible bonds issued by banks from global developed market countries. AT1 capital bonds are a type of contingent convertible bond issued by banks that qualify as regulatory capital under Basel III. The Index is based on the Markit iBoxx EUR Contingent Convertible Developed Market Index (the "Parent Index"), which is designed to reflect the performance of contingent convertible debt issued by banks and insurance companies from developed market countries. The Index only includes AT1 capital bonds from the Parent Index that have a minimum rating of B using the Index provider’s rating methodology, that have a minimum par amount outstanding of EUR 500 million, and that have a remaining time to maturity of at least one year on the date of rebalancing. The Index provider applies exclusionary criteria to exclude securities that: 1) are involved (as defined by the Index provider) in any of the following business activities:

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