Carbon Transition Global Equity (CTB) UCITS ETFIndex, costs, backtest, listings and taxation

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Investment Objective: The Sub-Fund seeks to provide returns that correspond to those of its Index.

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Investment Policy:The Sub-Fund pursues a passively managed (indextracking)strategy. The Sub-Fund aims to track the performance of the Index as closely as possible, regardless of whether the Index level rises or falls, while seeking to minimise as far as possible the tracking error between the Sub-Fund's performance and that of the Index. The Index is comprised of large and mid-capitalisation equity securities issued in developed markets globally (the "Index Securities"). The components of the Index are selected from the components of the Solactive GBS Developed Markets Large & Mid Cap (the "Investable Universe") in accordance with the index's rules-based methodology which is summarised below. The constituents of the Index and geographical exposure of Index Securities may be subject to change over time. The Index rebalances on a quarterly basis (as referred to under "Index Tracking Risk" in the Prospectus). Further details on the Index, including its methodology, components and performance, are available at https://www.solactive.com/indices/?index=DE000SL0BE72, and further details on the Investable Universe, including its components and performance, are available at https://www.solactive.com/indices/? index=DE000SLA41D2. The Index aims to meet the requirements for EU Climate Transition Benchmarks as defined in the EU Climate Benchmarks Regulation, and provide low carbon emission exposure relative to the Investable Universe with a view to achieving the long-term global warming objectives of the Paris Agreement. In particular, the Index aims to achieve a reduction of the greenhouse gas intensity of the Index of at least 7% on average per annum and an overall reduction of the greenhouse gas intensity of the Index compared to the Investable Universe of at least 30%. Greenhouse gas intensity means greenhouse gas emissions divided by enterprise value including cash. The Index is designed to capture the performance of companies which have been identified through its rules-based process as best positioned to benefit from a transition to a low carbon economy by effectively managing their emissions, resources and climate-related risks. The Index applies this rules-based non-financial analysis process to all Index Securities as further described below. Index Construction The Index methodology applies values and norms based screening to implement exclusions on certain industries and issuers based on specific ESG criteria and/or minimum standards of business practice based on international norms. To support this screening, the Index Provider relies on third party provider(s) who identify an issuer's participation in or the revenue which they derive from activities that are inconsistent with the values and norms based screens. The Index then uses a three-step, rules based approach. First, the regional and sector weights are allocated in accordance with the Investable Universe. Second, all remaining eligible companies are evaluated through the use of the Index Provider's proprietary research and third party data and allocated an aggregate score derived from the following three scores: (i) emissions score (how effectively the company is managing emissions on site, as well as through its provision of products and services), (ii) resource management score (how effectively the company is managing the resources which it consumes such as electricity, water and waste), and (iii) risk management score (how effectively the company is managing its physical risks and reputational risks). Finally, the companies are re-weighted relative to the weights that they have in the Investable Universe based on their aggregate score, leading to companies with higher scores having a higher weighting in the Index and similarly those with lower scores having a lower weighting in the Index. The Sub-Fund has sustainable investment as its objective and invests a minimum of 80% of the Sub-Fund's Net Asset Value in securities that qualify as sustainable investments, as defined under the SFDR and based on the Investment Manager's scoring methodology. The Sub-Fund systematically includes ESG criteria in investment analysis and investment decisions on at least 90% of securities purchased (excluding cash). The Sub-Fund may invest in assets denominated in any currency and currency exposure will not typically be hedged. The Sub-Fund may, for efficient portfolio management purposes, use financial derivative instruments. USD is the base currency of the Sub-Fund. It is currently anticipated that the tracking error of the Sub-Fund will be up to 100 bps under normal market conditions. The causes of tracking error can include but are not limited to the following: holdings/size of the SubFund, cash flows, such as any delays in investing subscription proceeds into the Sub-Fund or realising investments to meet redemptions, fees and the frequency of rebalancing against the Index.

Redemption and Dealing:Shares of the Sub-Fund are traded on one or more stock exchanges. Certain market makers and brokers may subscribe and redeem Shares directly with JPMorgan ETFs (Ireland) ICAV, and are referred to as "Authorised Participants". Other investors who are not Authorised Participants can purchase and sell Shares daily on a recognised stock exchange or over-the-counter. Index: Solactive J.P. Morgan Asset Management Carbon Transition Global Equity CTB Index.

Distribution Policy:This Share Class will not pay dividends. For an explanation of some of the terms used in this document, please visit the glossary on our website at www.jpmorganassetmanagement.ie.

Countries

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