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.ARK INNOVATION UCITS ETF Share Class: USD ACCUMULATING ETF ISIN: IE000GA3D489 The Fund is a sub-fund of ARK Invest UCITS ICAV (the “ICAV”) The Fund is managed by IQ EQ Fund Management (Ireland) Limited (the "Manager") of the IQ EQ group of companies Objectives and Investment Policy The ARK Innovation UCITS ETF (the "Fund") is actively managed andThe “bottom up” approach to company selection integrates ESG invests primarily in global equity securities of companies involved in considerations such as business involvement, violations of international “disruptive innovation”, defined as the introduction of a technologicallynorms and standards and an assessment of controversies, enabled new product or service that potentially changes the way the environmental and social risks and governance. world works. These are companies that rely on or benefit from the DIVIDEND POLICY. This Share Class does not intend to pay dividends. Any development of new products or services, technological improvements income which may result from the Fund’s investments will be re- and advancements in scientific research relating to genomics; automation and manufacturing, transportation, energy, artificial invested into the Fund. intelligence and materials; the increased use of shared technology, DEALING. Shares in this Share Class (the “Shares”) are denominated in USD infrastructure and services; and technologies that make financialand can be bought and sold on stock exchanges by ordinary investors services more efficient. using an intermediary (e.g. a stockbroker). In normal circumstances, The investment manager uses both “top down” approaches (thematic only Authorised Participants may buy and sell Shares directly with the research sizing the potential total available market for each technology,ICAV. Authorised Participants may redeem their Shares on demand in and identifying the prime leaders, enablers and beneficiaries of the accordance with the “Dealing Timetable” published on innovation) and “bottom up” approaches (valuation, fundamentals and https://arkeurope.com/ quantitative measures relating to individual companies) to select companies. The “top down” approach explicitly selects for technologies that the Investment Manager anticipates will make a meaningful contribution to at least two of the United Nations Sustainable Development Goals. Risk and Reward Profile Lower riskHigher risk Other: (1) The Fund also invests in small publicly-traded companies which may be less mature and more vulnerable to adverse business or Potentially lower reward Potentially higher reward economic events and greater share price changes than larger companies, the wider technology sector or stock market. (2) The Fund invests in global equity securities and there is a risk of loss arising from 1 2 3 4 5 6 7 exchange rate fluctuations or exchange control regulations. (3) The ICAV’s depositary or other service providers may go bankrupt and fail • Historical data may not be a reliable indication for the future. to return money or property belonging to the Fund. (4) It may not • The risk category shown is not guaranteed and may shift over time. always be possible to buy and sell the Fund’s shares on a stock exchange • The lowest category does not mean 'risk free'. or at prices closely reflecting the Fund’s Net Asset Value. (5) There is no capital guarantee or protection on the value of the Fund and investors The Fund is rated 7 due to the nature of its investments and its risks. The can lose all the capital invested in the Fund. rating is calculated based on historical data and may not be a reliable indication of the Fund’s future risk profile. The risk category may shift over time. The lowest category on the above scale does not mean “risk free”. The Fund is subject to the risks associated with technology-focused companies including the risk of: (1) failure of new technologies and solutions to replace existing ones or to be approved by governments/regulators or to achieve their aim; (2) the failure of individual companies to successfully capitalise on such new technologies and reach profitability; (3) competition, including rapid developments in competitive technologies (which may leave a company’s products out-of-date); (4) government intervention or excessive regulation; and (5) legal attacks from competitors.Key Investor Information | 1 of 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*Authorised Participants dealing directly with the ICAV will pay dealing- related transaction costs. Entry charge No charge Investors who buy and sell Shares on stock exchanges are not charged Exit charge No charge entry or exit charges by the ICAV but may be charged dealing costs and fees by their stockbroker. Please consult your stockbroker and/or Charges taken from the Fund over a year investment adviser for details of such fees. The ongoing charges figure is an estimate of the charges that will be Ongoing charges 0.75% deducted from the Share Class over the course of a year. The ongoing Charges taken from the Fund under certain specific conditions charges figure excludes portfolio transaction costs (except for transaction costs paid to the Depositary, which are included). Performance fee No charge For more information about charges, please see the “Fees, Costs and Expenses” and "Subscriptions and Redemptions" sections of the ICAV’s Prospectus and the "Fees and Expenses" and “Dealing in Shares of the Fund” sections of the Fund Supplement which are available at: https://arkeurope.com/ Past Performance • The Fund has been in existence since March 2024. This Share Class has been in existence since March 2024. • There is insufficient data to provide a useful indicator of past performance to investors. Practical Information • Fund Depositary: Northern Trust Fiduciary Services (Ireland) Limited. • The ICAV is resident in Ireland for taxation purposes. This may have an impact on your personal tax position. Please consult your investment or taxadviser for advice on your own tax liabilities. • The Manager may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent withthe relevant parts of the ICAV’s Prospectus. • Switching of shares between this Share Class and other share classes of the Fund and/or other sub-funds of the ICAV is not permitted. • The Fund is one of a number of sub-funds of the ICAV. The assets and liabilities of each sub-fund are segregated from each other by Irish law.Although the rights of investors and creditors are normally limited to the assets of each sub-fund, the ICAV is a single legal entity that mayoperate in jurisdictions which may not recognise such segregation. • Further information about the Fund and the Share Class can be obtained from the ICAV’s Prospectus and Fund Supplement and the annual andinterim financial statements (that are prepared for the ICAV as a whole), which are available in English and certain other languages, in additionto the latest available Net Asset Value for the Share Class and details of the Fund’s portfolio, at: https://arkeurope.com/ • Details of the Manager’s up-to-date policy in respect of remuneration, including a description of how remuneration and benefits are calculatedand the identities of the persons responsible for awarding same can be accessed from the following website: www.iqeq.com/policy- documents • An indicative intra-day net asset value (“iNAV”) for the Share Class will be available at: https://arkeurope.com/ The ICAV is authorised in Ireland and regulated by the Central Bank of Ireland. The Manager is authorised in Ireland and regulated by the Central Bank of Ireland. This Key Investor Information is accurate as at 19 February 2025. Key Investor Information | 2 of 2