FACT As at SHEET FACT SHEET 31 as at || as January June 30,31, at March 2025 2023 2024 JAPAN HIGH CONVICTION EQUITY UCITS ETF (JPY) - ACCUMULATING | JCPN | ISIN IE000CV0WWL4 Investment objectiveAssets and NAV The Sub-Fund aims to provide capital growth over the long term by investing in aNAVJPY101.126 concentrated, actively managed portfolio of equity securities issued by Japanese companies. Fund assets JPY1.9bn Tabula assets* US$2,212m Investment policy *Represents assets where Tabula Investment Under normal circumstances, the Sub-Fund will invest at least 90% of its assets in equity Management Limited acts as Investment securities or depositary receipts issued by Japanese companies. The Sub-Fund may investManager and/or Marketer. in companies of any size in any industry. The Sub-Fund will typically have 20 - 30 holdings and is not expected to have fewer than 20 holdings. Index information Index MSCI Japan and TOPIX* The Sub-Fund may also hold cash. Derivatives may be used for the purposes of MSCI hedging/risk reduction. Index provider Tokyo Stock Exchange The Sub-Fund may temporarily invest outside of these guidelines while dealing with Fund details subscriptions, redemptions, for liquidity management or for defensive purposes, including Ongoing charge 0.49% navigating unusual market conditions. ReplicationPhysical The Sub-Fund is actively managed. The Index Benchmarks, which are broadly IssuerTabula ICAV representative of the companies in which the Sub-Fund may invest, are used for Fund structure UCITS performance comparison purposes only. The Investment Manager has discretion to choose investments for the Sub-Fund from the Index Benchmarks with weightings different to the Portfolio Manager Junichi Inoue Index Benchmarks or not in the Index Benchmarks. Janus Henderson Investment managerInvestors UK Limited Performance (%)HSBC Securities Administration Fund performance will be shown when the fund has 12 months of track record. Services (Ireland) DAC HSBC Continental Custody Europe, Dublin Branch Fund inception15 October 2024 Share class inception 15 October 2024 Income treatment Accumulating DomicileIreland Base currency JPY Share class currency JPY ISIN IE000CV0WWL4 SFDR ClassificationArticle 8 UK distributor/Yes reporting status ISA & SIPP eligibleYes AT, BE, CH, DE, DK, Registered countries ES, FI, FR, IT, IE, LU, NL, NO, PT, SE, UK31 January 2025, Past performance does not * The TOPIX Index Value and the TOPIX Marks are subject to the proprietary rights owned bypredict future returns. The value of an JPX Market Innovation & Research, Inc. or affiliates of JPX Market Innovation & Research, Inc.investment may go down as well as up and you (hereinafter collectively referred to as "JPX") and JPX owns all rights and know-how relating tomay lose the amount originally invested. Investors TOPIX such as calculation, publication and use of the TOPIX Index Value and relating to theshould read the Key Risks, Key Investor TOPIX Marks. JPX shall not be liable for the miscalculation, incorrect publication, delayed orInformation Document and Prospectus prior to interrupted publication of the TOPIX Index Value.investing. Marketing communication for professional investors.Page 1 of 4 Japan High Conviction Equity UCITS ETF (as at 31/01/2025) Characteristics Sector weights (%) Number of holdings: Equity issues 25 FundMSCI Japan Topix Active share (vs MSCI Japan) 72.70% Active share (vs TOPIX) 80.30% Consumer Discretionary Weighted average market cap JPY11tn Financials Price-to-book ratio 1.50 Price-to-earnings ratio 13.91Industrials Information Technology Market capitalisation of equity holdings (%) Health Care > USD 5bn 91.4% < USD 5b8.6% Materials Real Estate Sustainability disclosures Consumer Staples Sustainability overview In accordance with the Sustainable Finance Disclosure Regulation, theCommunication Services Fund is classified as Article 8 and promotes, among other Utilities characteristics, environmental and/orsocial characteristics, and invests in Energy companies with good governancepractices. 0% 10% 20%30% SFDR classification Article 8 Minimum % sustainable 0% investments Top 10 holdings (%) PAIs considered Yes Toyota Motor 9.3% Minimum alignment with0% EU taxonomySony 7.7% Hitachi5.8% ExclusionsGambling Military contractingSumitomo Mitsui 5.6% Small armsDaiichi Sankyo 4.9%Thermal coalTobacco Tokio Marine 4.9%Adult entertainment Fujitsu 4.7% Controversial weapons Shimizu 4.6% Fees & charges (%)Mitsui Fudosan4.6% Shin-Etsu Chemical 4.3% Ongoing charge (OCF)0.49 References made to individual securities do not constitute a All ongoing charges stated are as per latest published report and recommendation to buy, sell or hold any security, investment strategy or accounts. Fund charges will impact the value of your investment. In market sector, and should not be assumed to be profitable. Janus particular, the ongoing charges applicable to each fund will dilute Henderson Investors, its affiliated advisor, or its employees, may have a investment performance, particularly over time. For further explanation position in the securities mentioned. For fund holdings, please visit of charges please visit our Fund Charges page at www.janushenderson.com. Data: 31/01/2025. Composition data as at www.janushenderson.com. Under some circumstances initial charges 31/01/2025. Sector weight excludes cash or cash-like securities. may apply. Please refer to the Prospectus and Supplement for more Sustainability disclosures as at 31/01/2025 details. Share class information Exchange: Xetra London Stock Exchange London Stock Exchange Borsa Italiana BX Swiss Trading hours: 0900 to 1730 (Frankfurt) 0800 to 1630 (London) 0800 to 1630 (London) 0900 to 1730 (Milan) 0900 to 1730 (Zurich) Listing currency: EUR USD GBP EUR EUR Exchange ticker: JCPNJCPN JCPG JCPN JCPN Bloomberg ticker: JCPN GY JCPN LN JCPG LNJCPN IM JCPN SW RIC:JCPN.GY JCPN.LNJCPG.LJCPN.IM JCPN.S SEDOL/VALOR:BT9K616 BRQPL26 BP68TJ4BT9K627 BS88BZ3 WKN: A40JU4 A40JU4A40JU4A40JU4 A40JU4 Marketing communication for professional investors. Page 2 of 4 Japan High Conviction Equity UCITS ETF (as at 31/01/25) Additional fund information Tax assumptions and reliefs depend upon an investor’s particular circumstances and may be subject to change. Fund size at 12pm on last business day of month. Please note: due to rounding the figures in the holdings breakdowns may not add up to 100%. Performance for the share class is calculated at 12pm and performance of the index is calculated as at close of business. Note that any differences among portfolio securities currencies, share class currencies and costs to be paid or represented in currencies other than your home currency will expose you to currency risk. Costs and returns may increase or decrease as a result of currency and exchange rate fluctuations. Investment into the fund will acquire units/shares of the fund itself and not the underlying assets owned by the fund. Cash balances and exposures are based on settled and unsettled trades as at the reporting date. Fund specific risks No capital protection: The value of your investment may go down as well as up and you may not get back the amount you invested. Liquidity risk: Lower liquidity means there are insufficient buyers or sellers to allow the Sub-Fund to sell or buy investments readily. Neither the Index provider nor the issuer make any representation or forecast on liquidity. Market risk: The Net Asset Value of the Sub-Fund will change with changes in the market value of the securities it holds. The price of Shares and the income from them may go down as well as up. Investors may not get back their original investment. The capital return and income of the Sub-Fund is based on the capital appreciation and income on the securities it holds, less expenses incurred. The Sub- Fund’s return may fluctuate in response to changes in such capital appreciation or income. Investment management risk: This is the risk that the Investment Manager’s strategy, the implementation of which is subject to a number of constraints, may not produce the intended results. In addition, the Investment Manager has absolute discretion, subject to the provisions of the Prospectus, Supplement and applicable legislation, to exercise shareholders’ rights with respect to securities comprising the Sub-Fund. There can be no guarantee that the exercise of such discretion will result in the investment objective of the Sub-Fund being achieved. Investors should also note that in certain cases, none of the Investment Manager, the ICAV or the Shareholders has any voting rights with respect to securities held by the Sub-Fund. Concentration risk: This Sub-Fund has a high exposure to a particular country or geographical region it therefore carries a higher level of risk than a Sub-Fund which is more broadly diversified. This Sub-Fund may have a particularly concentrated portfolio relative to its investment universe or other comparable products. An adverse event impacting even a small number of holdings could create significant volatility or losses for the Sub-Fund. Investment strategy: The Janus Henderson Japan High Conviction Equity UCITS ETF is an actively-managed all-cap concentrated portfolio of 20 to 30 holdings, providing exposure to companies that are set to benefit from structural themes and trends in the Japanese Equity market. Marketing communication for professional investors. Page 3 of 4 Japan High Conviction Equity UCITS ETF (as at 31/12/24) Glossary Beta Beta measures how a fund or security moves in relationship to the overall market. A market has a beta of 1. If the fund/security’s beta is more than 1, it moves more than the market, while a beta lower than 1 means it moves to a lesser extent than the market. A negative beta could mean the fund/security moves in the opposite direction to the market. Standard deviation A statistic that measures the variation or dispersion of a set of values/data. A low standard deviation shows the values tend to be close to the mean while a high standard deviation indicates the values are more spread out. In terms of valuing investments, standard deviation can provide a gauge of the historical volatility of an investment. Sharpe ratio This measures a portfolio's risk-adjusted performance. A high Sharpe ratio indicates a better risk-adjusted return. The ratio is designed to measure how far a portfolio’s return can be attributed to fund manager skill as opposed to excessive risk taking. Price-to-book (P/B) ratio A financial ratio used to value a company's shares. It is calculated by dividing a company’s market value (share price) by the book value of its equity (value of the company's assets on its balance sheet). A P/B value <1 can indicate a potentially undervalued company or a declining business. The higher the P/B ratio, the higher the premium the market is willing to pay for the company above the book (balance sheet) value of its assets. Price-to-earnings (P/E) ratio A popular ratio used to value a company’s shares, compared to other stocks, or a benchmark index. It is calculated by dividing the current share price by its earnings per share. Active share The measure of the percentage of stock holdings in a portfolio that differs from the benchmark index. Weighted average market cap The average market capitalisation of a holding, weighted by the size of that position in a portfolio or index.FOR MORE INFORMATION PLEASE VISIT TABULAIM.COM Waystone Investment Management (IE) Limited is the European investment distributor and is authorized in Ireland as an investment firm under the Markets in Financial Instruments Directive. Waystone Investment Management (IE) Limited is regulated by the Central Bank of Ireland and acts as a distributor in the European Union under reference number C1011. Waystone Investment Management (IE) Limited does not provide investment advice on an independent basis. For further details please contact IR@tabulagroup.com Not for onward distribution. This is a marketing communication. It is not investment advice and is not an offer to sell or solicitation of an offer to buy any investment. This document is for Professional Clients (as defined by the FCA or MiFID Rules) and Qualified Investors only and should not be relied upon by any other persons. It is not for persons who are resident in the United States, Canada or any province or territory thereof. You should satisfy yourself as to the full observance of the laws of any country that might be relevant to the subscription, purchase, holding, exchange, redemption or disposal of any investment. Janus Henderson Investors has not considered the suitability of any investment against your individual needs and risk tolerance. Tabula ICAV is an umbrella Irish collective asset-management vehicle incorporated in Ireland, authorized and regulated by the Central Bank of Ireland. The ETFs referenced in this document (each a “Fund”) are open-ended investment sub-funds of Tabula ICAV, which has variable capital, having segregated liability between its funds, and is organized under the laws of Ireland. No provider of information presented here, including index and ratings information, is liable for damages or losses arising from use of their information or for any losses relating to the accuracy, or completeness of such information. No warranty of accuracy is given and no liability in respect of any error or omission is accepted. The information in this document, especially as regards portfolio construction and parameter, may be changed without further notice and should not be relied on for investment decisions. Past performance does not predict future returns and should not be the sole factor of consideration when selecting a product. The price of the investments may go up or down and the investor you may not get back the amount invested. Your income is not fixed and may fluctuate. The value of investments involving exposure to foreign currencies can be affected by exchange rate movements. We remind you that the levels and bases of, and reliefs from, taxation may change. In respect of the products mentioned this document is intended for information purposes only and does not constitute investment advice or an offer to sell or a solicitation of an offer to buy the securities described within. The Fund has appointed a Swiss representative Waystone Services (Switzerland) SA, Av. Villamont 17, 1005 Lausanne, Switzerland, Tel: +41 21 311 17 77, email: switzerland@waystone.com . The Fund's Swiss paying agent is Banque Cantonale de Genève. The Prospectus, the Key Investor Information Documents, the Instrument of Incorporation as well as the annual and semi-annual reports may be obtained free of charge from the Swiss Representative in Lausanne. In respect of the Shares distributed in or from Switzerland, the place of performance and jurisdiction is at the registered office of the Swiss Representative. The issue and redemption prices are published at each issue and redemption on www.swissfunddata.ch . The Fund is a foreign collective investment scheme registered in Spain with the CNMV with the number 1859. Issued by Janus Henderson Investors. Janus Henderson Investors is the name under which investment products and services are provided by Janus Henderson Investors International Limited (reg no. 3594615), Janus Henderson Investors UK Limited (reg no. 906355), Janus Henderson Fund Management UK Limited (reg no 2678531), (each registered in England and Wales at 201 Bishopsgate, London EC2M 3AE and regulated by the Financial Conduct Authority), Tabula Investment Management Limited (reg. no. 11286661 at 10 Norwich Street, London, United Kingdom, EC4A 1BD and regulated by the Financial Conduct Authority) and Janus Henderson Investors Europe SA (reg no. B22848 at 78, Avenue de la Liberté, L-1930 Luxembourg, Luxembourg and regulated by the Financial Sector Surveillance Commission). Janus Henderson is a trademark of Janus Henderson Group plc or one of its subsidiaries. © Janus Henderson Group plc . © 2025 Tabula Investment Management Limited® Marketing communication for professional investors.Page 4 of 4