Amundi MSCI Europe Action UCITS ETF DistIndex, costs, backtest, listings and taxation

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The Fund is an index-tracking UCITS passively managed. The investment objective the Sub-Fund is to track both the upward and the downward evolution of the MSCI Europe Climate Action Net in EUR Index (the “Index”), denominated in Euros, while minimizing the volatility of the difference between the return of the Sub-Fund and the return of the Index (the “Tracking Error”). The anticipated level of Tracking Error in normal market conditions is indicated in the prospectus of the Sub-Fund. The Index is based on the MSCI Europe Index (the “Parent Index”) and is representative of the performance of large and mid-cap stocks, across developed European countries, issued by companies that have been assessed to lead their sector peers in terms of their positioning and actions relative to climate transition, based on, among others, the MSCI “Climate Risk Management Weighted Average Score”, while minimizing the volatility of the difference between the return of the Index and the return of the Parent Index. The Sub-Fund promotes environmental and/or social characteristics through among others, replicating an Index integrating a Climate Risk Management Score. The Index methodology is constructed using a "Best-in-class approach": best ranked companies are selected to construct the Index. "Best-inclass" is an approach where leading or best-performing investments are selected within a universe, industry sector or class. It excludes companies falling behind on an ESG level, particularly on the basis of ESG ratings. Using such Best-in-class approach, the Index follows an extra-financial approach significantly engaging that permits the reduction by at least 20% of the initial investment universe (expressed in number of issuers). The ESG key issues include for instance, but are not limited to, water stress, carbon emissions, labor management or business ethics. More detailed information on MSCI ESG Rating methodology can be found on the following link: msci.com Limits of the methodology of the Index are described in the prospectus of the Sub-Fund through risk factors, such as the market risk linked to controversies and the risks linked to ESG methodologies and to ESG score computation. The ESG score of companies is calculated by an ESG rating agency, using raw data, models and estimates collected/calculated using methods specific to each provider. Due to the lack of standardisation and the uniqueness of each methodology, the information provided may be incomplete. Assessment of sustainability risks is complex and may be based on ESG data which is difficult to obtain, incomplete, estimated, out of date and/or otherwise materially inaccurate. Even when identified, there can be no guarantee that these data will be correctly assessed. The Index is a net total return index: dividends or distributions net of tax paid by the Index constituents are included in the Index return. More information about the composition of the Index and its operating rules are available in the prospectus and at: msci.com.

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The Sub-Fund seeks to achieve its objective via a direct replication, by investing primarily in the securities comprising the Index. To optimize the Index replication, the Sub-Fund may use a sampling replication strategy. In order to generate additional income to offset its costs, the Sub-Fund may also enter into securities lending transactions. The potential use of these techniques is published on Amundi's website: www.amundietf.com. Updated composition of the Sub-Fund holdings is available on www.amundietf.com. In addition, the indicative net asset value is published on the Reuters and Bloomberg pages of the Sub-Fund, and might also be mentioned on the websites of the stock exchanges where the Sub-Fund is listed. The Sub-Fund's shares are listed and traded on one or more stock exchanges. In normal circumstances, you may deal in shares during the trading hours of the stock exchanges, provided that the Market Makers can maintain market liquidity. Only authorized participants (e.g. selected financial institutions) may deal in shares directly with the Sub-Fund on the primary market. Further details are provided in the prospectus of the UCITS.

Intended Retail Investor:This product is intended for investors, with a basic knowledge of and no or limited experience of investing in funds seeking to increase the value of their investment over the recommended holding period with the ability to bear losses up to the amount invested.

Redemption and Dealing:The Sub-Fund's shares are listed and traded on one or more stock exchanges. In normal circumstances, you may deal in shares during the trading hours of the stock exchanges. Only authorised participants (e.g., selected financial institutions) may deal in shares directly with the Sub-Fund on the primary market. Further details are provided in the MULTI UNITS LUXEMBOURG prospectus.

Distribution policy:The Fund’s amounts available for distribution (if any) will be distributed.

More Information:You may get further information about the Sub-Fund, including the prospectus, and financial reports which are available at and free of charge on request from: Amundi Luxembourg S.A. at 5, allée Scheffer 2520 Luxembourg, Luxembourg.

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