Key Investor InformationThis document provides you with key investor information about this fund. It is not marketing material. Theinformation is required by law to help you understand the nature and the risks of investing in this fund. You areadvised to read it so you can make an informed decision about whether to invest. Invesco Defence Innovation UCITS ETF (the "Fund") A sub-fund of Invesco Markets II plc (the "Umbrella Fund") Acc (ISIN: IE000BRM9046) (the "Share Class") The Fund is managed by Invesco Investment Management Limited, part of the Invesco Group.

Objectives and Investment Policy

The Fund is a passively-managed Exchange-Traded Fund. The objective of the Fund is to provide exposure to global listed companies that are developing

sophisticated weapons, defensive systems and other solutions for securing borders.

In order to achieve the investment objective, the Fund will seek to replicate the net total return performance of the S&P Kensho Global Future Defense 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'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 Invesco Markets II plc in accordance

with the redemption procedures set out in the prospectus, subject to any applicable laws and relevant charges.

The Fund’s base currency is USD.

Dividend Policy: This Share Class does not pay you income, but instead reinvests it to grow your capital, in line with its stated objectives.

Net Asset Value: This is calculated daily and the Fund is open for subscriptions and redemptions on each day the United States Federal Reserve System is

open. Please refer to the prospectus for further information.

The Index: The Index tracks the performance of global listed companies that are developing sophisticated weapons, defensive systems and other solutions for

securing borders. The Index is constructed by selecting securities from a broad equity universe which includes only developed market countries as defined by the

Index provider. The Index screens securities from the eligible universe to exclude those that do not meet the minimum liquidity criteria of the Index methodology.

Companies are then assessed and selected if they are determined by the Index provider to be focused on developing sophisticated weaponry & defensive

systems and other solutions for securing borders; specifically including the following business activities: (a) Smart borders and securing critical infrastructure; (b)

Military applications of cyber security, space systems, robotics, remotely operated or unmanned air and sea drones, wearable technologies and virtual or

augmented reality. The Index provider utilises an automated scan of companies’ most recent regulatory filings to identify specific search terms and phrases that

link the company’s products and services to any of these activities. The resulting selected companies comprise the list of companies in the Index.

The companies are then classified into two groups, “Core” (those with a significant portion of their business operations and/or revenues deriving from products

and services aligned with the theme), or “Non-Core” (those that operate across the broader value chain of the theme, providing vital inputs such as critical

subcomponents to the end products aligned to the theme, but not focusing on delivering these end products themselves), as determined by the Index provider.

An overweight factor is applied to the group of Core securities relative to the Non-core to enhance the overall exposure of the Index to the Core group and

emphasize pure play innovation. Within each group, companies are equally weighted subject to diversification and liquidity constraints. The Index rebalances

quarterly. Risk and Reward ProfileOther Risks▪

General Investment Risk: The value of investments, and income from them, Lower Risk Higher Risk can go down as well as up and you may not get back the full amount youinvested.▪

Securities lending: The Fund may be exposed to the risk of the borrower Typically lower rewards Typically higher rewards

defaulting on its obligation to return the securities at the end of the loan periodand of being unable to sell the collateral provided to it if the borrowerdefaults.”1

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Concentration Risk: The Fund might be concentrated in a specific region orsector or be exposed to a limited number of positions, which might result ingreater fluctuations in the value of the Fund than for a fund that is more ▪ The Share Class is in risk category 7 due to the rises and falls of its price or diversified.

simulated data in the past.

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Equity Risk: The value of equities and equity-related securities can be ▪ As the Share Class' risk category has been calculated using historical data, it

affected by a number of factors including the activities and results of the

may not be a reliable indication of the Share Class' future risk profile.issuer, general and regional economies, market conditions and broader ▪ The risk category may change in the future and is not guaranteed.economic and political developments. This may result in fluctuations in the ▪ The lowest category does not mean a risk free investment.value of the Fund.▪

Currency Risk: The Fund’s performance may be adversely affected byvariations in the exchange rates between the base currency of the Fund andthe currencies to which the Fund is exposed.▪

For more information on risks, please see the Fund prospectus under “RiskFactors”, which is available at etf.invesco.com (select your country andnavigate to the Prospectus on the Documents section on the product page). 1

Investors should note that the Index is the intellectual property of the Index provider. The Fund is not sponsored or endorsed by the Index provider and a full disclaimer can be found in the Fund's prospectus.1 (2) Charges The charges you pay are used to pay the costs of running the Fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment.

One-off charges taken before or after you invest

*Currently, the Fund is not exercising its entitlement to apply entry and exit Entry chargeNone* charges.

The ongoing charge is based on the fee paid to the Manager. The Manager is Exit charge None* responsible for discharging from its fee, costs attributable to the Investment

Manager, Administrator, Depositary as well as the Operational Expenses

incurred by the Fund. It excludes portfolio transaction costs except in the case of Charges taken from the Share Class over a yearan entry or exit charge paid by the Fund when buying or selling shares/units in Ongoing charge

0.35% another fund.

Because the Fund is an ETF, investors will typically only be able to buy or sell

shares in the secondary market. Accordingly, investors may incur brokerage and Charges taken from the Share Class under certain specific / or transaction fees in connection with their dealings. Investors may also bear conditionsthe costs of "bid-ask" spreads; meaning the difference between the prices at

which shares can be bought and sold. You should discuss these fees and costs Performance fee None

with your broker before you invest, as they may reduce the amount of your initial

investment and the amount you receive on disposal.

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.

For more information on charges, please see the relevant charges section in the

Fund supplement under “General Information Relating to the Fund”, which is

available at etf.invesco.com (select your country and navigate to the Documents

section on the product page). Past Performance The Fund launched in 2024.The Share Class launched in 2024.The base currency of the Fund is USD.Past performance of the Share Class is calculated in USD.Performance is calculated based on the net asset value of the Fund afterdeduction of ongoing charges and is inclusive of gross income reinvested. Any As this Share Class has no performance data for a

entry/exit charges shown are excluded from the calculation. complete calendar year, there is insufficient data to

Past performance is not a guide to future performance.

provide a useful indication of past performance. Practical Information Fund Depositary: The Bank of New York Mellon SA/NV, Dublin Branch, Riverside Two, Sir John Rogerson's Quay, Dublin 2, D02 KV60, Ireland. Tax: This Fund is subject to the tax laws and regulations of Ireland. Depending on your home country of residence, this might have an impact on your investment. For further details, please speak to an adviser. Local taxes may have an impact on the personal tax of your investment in the Fund. Additional Information: The share prices are published in USD, on each business day. The prices are available from the administrator during normal business hours and on the following website etf.invesco.com. Find out more: Further information about the Fund can be obtained from the prospectus and latest annual report. This document is specific to the Invesco Defence Innovation UCITS ETF. However, the prospectus and annual report are prepared for the umbrella fund, Invesco Markets II plc, of which Invesco Defence Innovation UCITS ETF is a sub-fund. These documents are available free of charge. They can be obtained along with other information, such as share prices, at etf.invesco.com (select your country and navigate to the Documents section on the product page), by emailing investorqueries@invesco.com or by calling +353 1 439 8000. Details of the Manager's remuneration policy are available at www.invescomanagementcompany.ie and a paper copy is available to investors free of charge upon request. Pursuant to Irish law, the assets of this Fund are segregated from other sub-funds in the umbrella fund (i.e. the Fund’s assets may not be used to discharge the liabilities of other sub-funds of Invesco Markets II plc). In addition the assets of this Fund are held separately from the assets of other sub- funds. 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 Company which is being offered at that time. Invesco Markets II plc may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the prospectus. This Fund is authorised in Ireland and regulated by the Central Bank of Ireland. Invesco Investment Management Limited is authorised in Ireland and regulated by the Central Bank of Ireland. This key investor information is accurate as at 3 February 2025.

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