Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to

help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision

about whether to invest.

Drone UCITS ETF (the Fund) –

ISIN: IE0003XW12I8 Accumulating ETF Share Class A sub-fund of HANetf II ICAV. Managed by HANetf Management Limited (the Manager)

Objectives and Investment Policy

The investment objective of the Fund is to track the price and the performance, before fees and expenses, the VettaFi Drone

The Index is rebalanced quarterly Index (the Index). The index that is designed to measure the performance of global companies engaged in the development,Replication: The Fund will employ a "passive management" (or production, or operation of drones and unmanned aerial vehicle indexing) investment strategy and will seek to employ a (UAV) technologies, including hardware, software, and or

replication methodology, meaning as far as possible and enabling technologies of drones and UAV systems.

practicable, it will invest in the securities in proportion to theweightings comprising the Index. The selection of the Index components is fully rule-based. Global companies eligible for inclusion in the Index universe must meet

Dealing: Shares of the Fund (Shares) are listed on one or more the following requirements:stock exchanges. Typically, only authorised participants (i.e. • Constituents must derive more than 20% of their revenues brokers) can purchase Shares from or sell Shares back to the from drones and/or UAVs or enabling technologies; and

Fund. Other investors can purchase and sell Shares on exchange • Constituents must be a defence company with aon each day the relevant stock exchange is open. division/program designated for research and development (R&D) of drones and/or UAVs;

Distribution policy: Income received by the Fund’s investments • Meet the minimum market capitalisation and liquidity will not be distributed in respect of the shares of this class. requirements

Instead, it will be accumulated and reinvested on behalf of theshareholders of the Fund. The Index implements the following weighting scheme that separately weights pureplay and diversified companies

Recommendation: This Fund may not be appropriate for short- whereby:

term investment. • Pureplay: A company that derives at least 50% of its revenue from drones and/or UAVs manufacturing or enabling

Currency: The base currency of the Fund is US Dollar. technologies;

For full investment objectives and policy details, please refer to • Diversified: A company that derives at least 20% of its revenue

the supplement to the prospectus for the Fund (the from drones and/or UAVs manufacturing or enabling

“Supplement”). technologies or a defence company with a division/program designated for R&D of drones and/or UAVs.

Risk and Reward Profile Lower risk Higher risk

research, design, manufacture, operation, or enablingTypically lower rewards

Typically higher rewardstechnologies of drones and other unmanned aerial systems. The market for drone and UAV-related products and services is12 34 56 7

nascent, highly competitive, and characterized by rapid technological change, evolving regulatory frameworks, and

The categorisation above is not guaranteed to remain unchanged heightened geopolitical sensitivities. Many drone and UAV

and may shift over time. companies are smaller, less seasoned issuers that may be more

The lowest category (1) does not imply a risk-free investment. vulnerable than larger, diversified companies to fluctuations in

The risk indicator was calculated incorporating simulated historical demand, supply-chain disruptions, product obsolescence,

data and may not be a reliable indication of the future risk profile of patent or trade-secret litigation, and may have limited access

the Fund. to capital. Additionally, because commercial and military

The categorisation above is not guaranteed to remain unchanged adoption of UAV technologies remains subject to intensive

and may shift over time. governmental oversight (including aviation safety standards,

The categorisation above (7) is due to the nature of the Fund’s export controls, privacy protections, cybersecurity mandates,

investments and risk associated with those investments, including: and national security reviews), adverse regulatory actions or▪ There is no assurance that any appreciation in the value of delays in obtaining permits or certifications could materially

investments will occur, or that the investment objective of the impair an issuer’s prospects.

Fund will be achieved.

Risks not covered by the indicator, but which are materially▪ Drone and UAV Companies Risk: Drone and UAV companies

relevant to the Fund include:

are closely tied to the economic fortunes of such companies’

▪ Liquidity on secondary market risk: There can be no certainty

costs of making changes to the Fund's portfolio and other Fund that Shares can always be bought or sold on a stock exchangeexpenses. or that the market price will reflect the NAV of the Fund.

For a complete overview of all risks attached to this Fund, refer to ▪

Tracking error risk: The Fund's performance may not exactly

the section entitled “Risk Factors” in the Supplement and the track the Index. This can result from market fluctuations,

Prospectus. changes in the composition of the Index, transaction costs, the

Charges The charges you pay are used to pay the costs of running the Fund, Since the Fund is an ETF, secondary market investors will not including the costs of marketing and distributing it. These charges reduce typically be able to deal directly with HANetf II ICAV. Investors the potential growth of your investment.

buying Shares on exchange will do so at market prices which

One-off charges taken before or after you invest

will reflect broker fees and/or transactions charges and bid-ask

Entry charge 0%*

spreads as well as underlying company prices at the time of

Exit charge

0%*

trading on the secondary market.* Authorised participants dealing directly with the Fund will payrelated transaction costs. Charges taken from the Fund over a year* For Investors dealing directly with the Fund, switching Ongoing charges

0.69%**

between sub-funds may incur a maximum switching charge of3%. Charges taken from the Fund under certain specific ** The ongoing charges are paid to the Manager which is conditions responsible for discharging from its fee the cost of operating Performance feeNonethe Fund. It excludes portfolio transaction costs, except in the * Authorised participants dealing directly with the Fund may pay an entry

case of an entry/exit charge paid by the Fund when buying or charge up to a maximum of 5% and an exit charge up to a maximum of selling units in another investment fund. 3%. The Fund is currently not exercising its entitlement to apply entryPlease see "General Charges and Expenses" and "Management and exit charges.

Charges and Expenses" sections of the Prospectus and"Charges and Expenses" and "Key Information for ShareDealing" sections of the Supplement for further informationabout charges. Past Performance

•There is insufficient data to provide a useful indication of past performance to investors

Practical Information Investment Manager: Vident Advisory, LLC

Switching: Switching of Shares between sub-funds of HANetf II Depositary: U.S. Bank Europe DAC trading as U.S. Bank Depositary

ICAV is not possible for investors who purchase shares on Services Limited

exchange. Switching may be available to authorised Administrator: U.S. Bank Global Fund Services (Ireland) Limited.

participants who deal directly with the Fund.Segregated liability: The Fund is a sub-fund of HANetf II ICAV, Further information: Copies of the Prospectus documentation and thean umbrella Irish collective asset-management vehicle. Under latest financial statements are available free of charge from the

Irish law the assets and liabilities of the Fund are segregated Administrator. The Prospectus and financial statements are prepared forfrom other sub-funds within HANetf II ICAV and the assets of HANetf II ICAV rather than separately for the Fund. Further informationthe Fund will not be available to satisfy the liabilities of another on the composition of the portfolio is available at www.HANetf.com.fund of HANetf II ICAV. Remuneration Policy: Details of the Manager’s remuneration policy, Taxation: HANetf II ICAV is resident in Ireland for taxation including a description of how remuneration and benefits are calculatedpurposes. Irish taxation legislation may impact on the personal and the identities of the persons responsible for awarding suchtax position of an investor. remuneration/benefits, can be accessed from the following website: Liability statement: The Manager may be held liable solely on www.hanetf.com. A paper copy of these policy details is also available the basis of any statement contained in this document that is free of charge from the Manager upon request.

misleading, inaccurate or inconsistent with the relevant parts of Pricing information: The net asset value of the share class will bethe Prospectus. available during normal business hours every business day at the office of the Administrator and will be published daily on www.hanetf.com. This Fund is authorised in Ireland and regulated by the Central Bank of Ireland. HANetf Management Limited is authorised in Ireland and regulated by the Central Bank of Ireland. This key investor information is accurate as at 20.02.2026