HSBC ETFs PLC HSBC MSCI EMERGING MARKETS CLIMATE PARIS ALIGNED UCITS ETF Marketing communication | Monthly report 31 January 2025 | HPEM LN | USD This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Share class details Investment objective Key metrics The Fund aims to track as closely as possible the returns of the MSCI Emerging Markets Climate NAV per share USD 14.03 Paris Aligned Index (the Index). The Fund will invest in or gain exposure to shares of companies Performance 1 month 2.34% which make up the Index. The Fund qualifies under Article 8 of SFDR.Fund factsUCITS V compliant Yes Investment strategyUK reporting fund status Yes(UKRS) The Index is a subset of the MSCI Emerging Markets Index (Parent Index) and made up of shares of large and mid-sized companies (as measured by the market value of their shares) across ISA eligible Yes emerging market countries. The Index is designed to support investors seeking to pursueDividend treatment Accumulating opportunities arising from the transition to a lower-carbon economy while aligning with the ParisDividend currency USD Agreement requirements. It excludes shares of companies with exposure to controversial weapons, ESG controversies, tobacco, environmental harm, thermal coal mining, oil and gas, and Fund base currencyUSD power generation.The Fund will be passively managed and will aim to invest in the shares of theCurrency Hedged Not Hedged companies in generally the same proportion as in the Index.The Fund may invest in China A- Share class base currency USD shares, up to up to 35% in securities from a single issuer during exceptional market conditions, up to 10% in other funds and up to 10% in total return swaps and contracts for difference.See the Domicile Ireland Prospectus for a full description of the investment objectives and derivative usage. Inception date7 April 2022Shares outstanding 1,450,000 Main risks Fund size USD 20,337,007Reference100% MSCI Emerging • The value of investible securities can change over time due to a wide variety of factors, benchmarkMarkets Climate Paris including but not limited to: political and economic news, government policy, changes in Aligned Index demographics, cultures and populations, natural or human-caused disasters etc.Replication method Physical- Full • The Fund may invest in Emerging Markets, these markets are less established, and often more volatile, than developed markets and involve higher risks, particularly market, liquidity SIPP eligible Yes and currency risks.IssuerHSBC ETFs PLC • To the extent that the Fund seeks to replicate index performance by holding individual Fiscal year endDec securities, there is no guarantee that its composition or performance will exactly match thatFees and expenses of the target index at any given time (“tracking error”).Ongoing charge figure¹ 0.180%Codes Performance Fund Reference BenchmarkISIN IE000FNVOB27 110SEDOLBNLXVM7 Return index rebased to 100 on starting date 105 ¹Ongoing Charges Figure is based on expenses 100 over a year. The figure includes annualmanagement charge but not the transaction 95 costs. Such figures may vary from time to time. 90 85 8006/22 12/22 06/23 12/23 06/2412/24 Past performance does not predict future returns. The figures are calculated in the share class base currency, dividend reinvested, net of fees. This is a marketing communication. Please refer to the prospectus and to the KID before making any final investment decisions. For definition of terms, please refer to the Glossary QR code and Prospectus. Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC MSCI EMERGING MARKETS CLIMATE PARIS ALIGNED UCITS ETF Monthly report 31 January 2025 | HPEM LN | USD Since inception Performance (%) YTD 1 month 3 months 6 months 1 year 3 years ann 5 years ann ann Fund 2.34 2.34-2.00 2.04 15.21 ---- 0.07 Reference Benchmark 2.262.26-2.231.97 15.95 -- -- 0.58 Tracking difference 0.090.090.24 0.07-0.74 -- -- -0.50 Tracking error -- -- -- --0.59 -- -- 0.45 31/01/24- 31/01/23- 31/01/22-31/01/21- 31/01/20- Rolling performance (%) 31/01/2531/01/24 31/01/23 31/01/22 31/01/21 Fund 15.21 -7.14 -- -- -- Reference Benchmark 15.95-6.49 -- -- --Reference Benchmark information Equity characteristics Fund Benchmark Index name 100% MSCI Emerging Markets Climate Paris No. of holdings ex cash 380 --Aligned Index Average market cap (USD Mil) 173,187173,223 Index currency USD Price/earning ratio 19.45 19.45 TR Index Bloomberg Ticker MXEFCLPA TR Index Reuters RIC .MIEF0CPA0NUS Fund facts Fund manager HSBC Global Asset Management (UK) Limited CustodianHSBC Continental Europe Fund administrator HSBC Securities Services (Ireland) DAC Sector allocation (%) Information Technology26.91Financials 21.70Industrials11.13Consumer Discretionary 10.36 Communication Services 9.74 Consumer Staples 5.37 Health Care4.68 Utilities 3.60 Real Estate3.12Materials2.93 Cash & Others0.46Fund Past performance does not predict future returns. The figures are calculated in the share class base currency, dividend reinvested, net of fees. Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC MSCI EMERGING MARKETS CLIMATE PARIS ALIGNED UCITS ETF Monthly report 31 January 2025 | HPEM LN | USDGeographical allocation (%)Mainland China23.72Taiwan20.85 India 19.45South Korea 6.88 Brazil 5.61 Saudi Arabia 5.34Mexico 3.68Poland2.42South Africa 2.37Thailand 2.19Other Locations 7.02 Cash & Others0.46 Fund Top 10 holdingsSector Weight (%) Taiwan Semiconductor Co LtdInformation Technology 13.07 Tencent Holdings Ltd Communication Services4.89 Infosys LtdInformation Technology1.99 Alibaba Group Holding Ltd Consumer Discretionary1.93 Bharat Electronics Ltd Industrials 1.62 MediaTek Inc Information Technology1.40 Al Rajhi Bank Financials1.39 Grupo Aeroportuario del Pacifi Industrials 1.34 MeituanConsumer Discretionary1.32 BYD Co Ltd Consumer Discretionary1.26 Trading Bloomberg iNAV Exchange name Listing date currencyTrading hours tickerReuters RIC Bloomberg iNAV Reuters LONDON STOCK EXCHANGE 08 Apr 2022 USD 08:00 - 16:30 HPEM LN HPEM.L HPEUSDIV HPEMUSDINA V=SOLA LONDON STOCK EXCHANGE 08 Apr 2022 GBP 08:00 - 16:30 HPEF LN HPEF.L HPEFGBIVHPEFGBPINAV =SOLA NYSE EURONEXT - EURONEXT 14 Apr 2022 EUR --HPEM.PA HPEM.PAHPEMEUIVHPEMEUiv.P PARIS DEUTSCHE BOERSE AG-XETRA 14 Apr 2022 EUR --HP8E.DE HP8E.DEHP8EEUIVHP8EEUiv.P BORSA ITALIANA SPA EUR --HPEM.MI HPEM.MIHPEMEUIVHPEMEUiv.P NYSE EURONEXT - EURONEXT 14 Apr 2022 EUR 09:00 - 17:30 HPEM FP HPEF.PAHPEEURIVHPEMEURINAV PARIS =SOLA DEUTSCHE BOERSE AG-XETRA 14 Apr 2022 EUR --HP8E GY HP8E.DEHPEEURIVHPEMEURINAV =SOLA BORSA ITALIANA SPA 28 Apr 2022 EUR 09:00 - 17:35 HPEM IM HPEM.MIHPEEURIVHPEMEURINAV =SOLA SIX SWISS EXCHANGE USD --HPEM SW HPEM.S HPEUSDIVHPEMUSDINA V=SOLA Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC MSCI EMERGING MARKETS CLIMATE PARIS ALIGNED UCITS ETF Monthly report 31 January 2025 | HPEM LN | USDReference MSCI ESG Score ESG score ESG Sustainability indicators Fund benchmarkFund 5.9 6.2 5.3 5.0 Carbon emissions intensity* 84.07 309.64 Reference benchmark5.9 6.0 5.3 4.8 *Carbon Intensity measures the quantity of carbon emission of a company (tonnes CO²e/USD million revenue) The MSCI ESG Key Issue Score is the numerical, weighted average of Source: S&P Global Trucost MSCI’s E, S, and G pillar scores. A higher number indicates a more favourable ESG profile in the view of MSCI. The weighted averages of the Key Issue Scores are aggregated and companies’ scores are normalized by their industries. After any overrides are factored in, each company’s Final Industry-Adjusted Score corresponds to a rating. For more information, see MSCI ESG Ratings Methodology @ https:// www.msci.com/esg-and-climate-methodologies Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC MSCI EMERGING MARKETS CLIMATE PARIS ALIGNED UCITS ETF Monthly report 31 January 2025 | HPEM LN | USD Follow us on: Risk disclosuresHSBC Asset Management • Derivatives may be used by the Fund, and these can behave unexpectedly. The pricing and volatility of many derivatives may diverge from strictly reflecting the pricing or volatility of their underlying reference(s), instrument or asset. E-mail: etf.client.services@hsbc.com • Investment Leverage occurs when the economic exposure is greater than the amount Website: www.etf.hsbc.com invested, such as when derivatives are used. A Fund that employs leverage may experience For more information please contact us greater gains and/or losses due to the amplification effect from a movement in the price of at E-mail: the reference source.Wholesale.clientservices@hsbc.com. • Where overseas investments are held the rate of currency exchange may cause the value of www.assetmanagement.hsbc.com/uk such investments to go down as well as up. To help improve our service and in the • Further information on the potential risks can be found in the Key Information Document interests of security we may record and/ (KID) and/or the Prospectus or Offering Memorandum. or monitor your communication with us.Glossarywww.assetmanagement.hsbc.co.uk/en/api/v1/download/document/gb00b80qg615/gb/en/glossary Index disclaimer Source: MSCI. The MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non- infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www.msci.com) Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC MSCI EMERGING MARKETS CLIMATE PARIS ALIGNED UCITS ETF Monthly report 31 January 2025 | HPEM LN | USD Important information The material contained herein is for marketing purposes and is for your information only. This document is not contractually binding nor are we required to provide this to you by any legislative provision. It does not constitute legal, tax or investment advice or a recommendation to any reader of this material to buy or sell investments. You must not, therefore, rely on the content of this document when making any investment decisions. This material is not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. This material is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe to any investment. Any views expressed were held at the time of preparation and are subject to change without notice. While any forecast, projection or target where provided is indicative only and not guaranteed in any way. HSBC Global Asset Management (UK) Limited accepts no liability for any failure to meet such forecast, projection or target. This fund is a sub-fund of HSBC ETFs plc (“the Company”), an investment company with variable capital and segregated liability between sub-funds, incorporated in Ireland as a public limited company, and is authorised by the Central Bank of Ireland. The company is constituted as an umbrella fund, with segregated liability between sub-funds. Shares purchased on the secondary market cannot usually be sold directly back to the Company. Investors must buy and sell shares on the secondary market with the assistance of an intermediary (e.g. a stockbroker) and may incur fees for doing so. In addition, investors may pay more than the current Net Asset Value per share when buying shares and may receive less than the current Net Asset Value per Share when selling them. UK based investors in HSBC ETFs plc are advised that they may not be afforded some of the protections conveyed by the Financial Services and Markets Act (2000), (“the Act”). The Company is recognised in the United Kingdom by the Financial Conduct Authority under section 264 of the Act. The shares in HSBC ETFs plc have not been and will not be offered for sale or sold in the United States of America, its territories or possessions and all areas subject to its jurisdiction, or to United States Persons. Affiliated companies of HSBC Global Asset Management (UK) Limited may make markets in HSBC ETFs plc. All applications are made on the basis of the current HSBC ETFs plc Prospectus, relevant Key Investor Information Document (“KIID”), Supplementary Information Document (SID) and Fund supplement, and most recent annual and semi-annual reports, which can be obtained upon request free of charge from HSBC Global Asset Management (UK) Limited, 8 Canada Square, Canary Wharf, London, E14 5HQ. UK, or from a stockbroker or financial adviser. The indicative intra-day net asset value of the sub-fund[s] is available on at least one major market data vendor terminal such as Bloomberg, as well as on a wide range of websites that display stock market data, including www.reuters.com. Investors and potential investors should read and note the risk warnings in the prospectus, relevant KIID and Fund supplement (where available) and additionally, in the case of retail clients, the information contained in the supporting SID. Further information about the Company including the Prospectus, the most recent annual and semi-annual reports of the Company and the latest share prices, may be obtained free of charge, in English, from the Administrator by emailing ifsinvestorqueries@hsbc.com, or by visiting www.etf.hsbc.com. Details of the underlying investments of the fund are available on www.etf.hsbc.com. The indicative intra-day net asset value of the fund is available on at least one major market data vendor terminal such as Bloomberg, as well as on a wide range of websites that display stock market data, including www.reuters.com. The most recent Prospectus is available in English, German and French. Key Investor Information Document (KID) are available in the local language where they are registered. To help improve our service and in the interests of security we may record and/or monitor your communication with us. HSBC Global Asset Management (UK) Limited provides information to Institutions, Professional Advisers and their clients on the investment products and services of the HSBC Group. Approved for issue in the UK by HSBC Global Asset Management (UK) Limited, who are authorised and regulated by the Financial Conduct Authority. www.assetmanagement.hsbc.co.uk Copyright © HSBC Global Asset Management (UK) Limited 2025. All rights reserved. Further Information can be found in the prospectus and in our Key Investor Information Documents published in our Fund Centre at www.assetmanagement.hsbc.co.uk Term: The management company cannot terminate the Fund unilaterally. The Board of Directors may furthermore decide to liquidate the Fund in certain circumstances set out in the prospectus and articles of incorporation of the Fund.Further additional and complete information (including but not limited to) investor rights, costs and charges, please refer to the prospectus. Detailed information for article 8 and 9 sustainable investment products, as categorised under the Sustainable Finance Disclosure Regulation (SFDR), including; description of the environmental or social characteristics or the sustainable investment objective; methodologies used to assess, measure and monitor the environmental or social characteristics and the impact of the selected sustainable investments and; objectives and benchmark information,can be found at: https://www.assetmanagement.hsbc.co.uk/en/intermediary/investment-expertise/sustainable-investments/sustainable- investment-product-offering Source: HSBC Asset Management, data as at 31 January 2025