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. Schroder Global Equity Custom Active UCITS ETF a sub-fund of Schroder ETFs ICAV Class Accumulation USD (IE000GML9HQ4) This fund is managed by Schroder Investment Management (Europe) S.A., which is a member of the Schroders Group. Objectives and investment policy Objectives(with all Eligible Collective Investment Schemes subject to an aggregate limit of 10%), and term deposits with an Approved Bank for cash management The fund aims to provide capital growth and income in excess of the Solactive purposes. The fund may also hold cash. ISS ESG Screened Paris Aligned Global Markets (Net TR) Index after fees have been deducted over a three-to-five-year period by investing in equity andIn relation to the fund's investment in REITs which will not exceed the weight in equity related securities of companies worldwide. the Solactive ISS ESG Screened Paris Aligned Global Markets (Net TR) Index There can be no assurance that the fund will achieve its investment objective.+3% of net assets, investments in eligible open-ended REITs will generally, for the purposes of this limitation, be considered to be investments in Eligible Investment Policy Collective Investment Schemes and so subject to the limit on investing in units The fund is actively managed and invests at least two-thirds of its assets in a or shares of Eligible Collective Investment Schemes. Investments in closed- diversified portfolio of equity and equity related securities of companiesended REITs will generally be considered to be investments in transferable worldwide. The fund's exposure to emerging markets will not exceed 30% of securities, provided that the closed-ended REITs in which the fund may invest net assets. must: (i) be subject to corporate governance mechanisms which apply to The fund focuses on companies that have certain “Value” and/or “Quality” companies or, in the case of contractual closed-ended funds, which are characteristics, with these two fundamental anchors driving active positioning. equivalent to those that apply to companies; (ii) be managed by an entity which “Value” is assessed by looking at indicators such as cash flows, dividends andis subject to national regulation for the purpose of investor protection; and (iii) earnings to identify securities which the investment manager believes havesatisfy the more general requirements that are applicable to transferable been undervalued by the market. “Quality” is assessed by looking at indicatorssecurities, and so subject to the fund's overall limits on investing in equity and such as a company's profitability, stability, financial strength, structural growth equity-related securities as detailed in this section. and governance. The fund will seek to qualify as an “Equity Fund” for German tax purposes by The fund may invest in common stock, preferred stock, real estate investment investing at least 50% of its gross asset value in equity securities. For further trusts (REITs) and partnership interests. The equity-related securities in which information, please refer to the prospectus. the fund may invest are depositary receipts (including American Depositary The fund may use the following financial derivative instruments with the aim of Receipts, Global Depositary Receipts, European Depositary Receipts, and reducing risk and managing the fund more efficiently: equity index futures, Non-Voting Depositary Receipts), stapled securities (being a type of equity currency forwards, currency futures and non-deliverable forwards. The security that consists of two or more securities that must be bought and sold financial derivative instruments used by the fund may be traded on an together), warrants and rights. The fund will not generally actively invest in exchange or over the counter. warrants and rights but may acquire them as a result of corporate actions. The fund may invest in such other equity and equity-related securities that are Benchmark consistent with the investment objective and policy of the fund from time to The fund's performance should be assessed against its benchmark, being the time. Solactive ISS ESG Screened Paris Aligned Global Markets (Net TR) Index. The fund may invest directly in China B-Shares and China H-Shares and may Dealing Frequency invest less than 10% of its assets (on a net basis) directly or indirectly (for You may redeem your investment daily by selling your shares through a broker example via participatory notes) in China A-Shares through Shanghai-Hong on a stock exchange where the shares are traded. In normal circumstances, Kong Stock Connect and Shenzhen-Hong Kong Stock Connect and sharesonly Authorised Participants (certain financial institutions) may subscribe or listed on the STAR Board and the ChiNext. redeem shares directly with the fund. The fund may invest in exchange traded funds that are Eligible Collective Distribution Policy Investment Schemes. The fund may invest up to one-third of its assets in short-dated government This share class accumulates income received from the fund's investments, bonds, money market funds that are Eligible Collective Investment Schemes meaning it is kept in the fund and its value is reflected in the price of the share class. Risk and reward profile Lower risk Higher risk Higher volatility risk: The price of this fund may be more volatile as it may take Potentially lower reward Potentially higher reward higher risks in search of higher rewards, meaning the price may go up and down to a greater extent. Market risk: The value of investments can go up and down and an investor 1 2 3 4 5 6 7 may not get back the amount initially invested. Counterparty risk: The fund may have contractual agreements with The risk and reward indicator counterparties. If a counterparty is unable to fulfil their obligations, the sum that The risk category was calculated using simulated historical performance data they owe to the fund may be lost in part or in whole. and may not be a reliable indicator of the fund's future risk profile.Currency risk: If the fund's investments are denominated in currencies different The fund's risk category is not guaranteed to remain fixed and may change to the fund's base currency, the fund may lose value as a result of movements over time.in foreign exchange rates, otherwise known as currency rates. If the investor A fund in the lowest category does not mean a risk-free investment. holds a share class in a different currency to the base currency of the fund, The fund is in this category because it can take higher risks in search of higher investors may be exposed to losses as a result of movements in currency rewards and its price may rise and fall accordingly. rates. Risk factors Sustainability risk: The fund has environmental and/or social characteristics. This means it may have limited exposure to some companies, industries or Performance risk: Investment objectives express an intended result but there is sectors and may forego certain investment opportunities, or dispose of certain no guarantee that such a result will be achieved. Depending on market holdings, that do not align with its sustainability criteria chosen by the conditions and the macro economic environment, investment objectives may investment manager. The fund may invest in companies that do not reflect the become more difficult to achieve. beliefs and values of any particular investor. China risk: If the fund invests in the China Interbank Bond Market via the Bond Share price risk: The price of shares in the fund is determined by market Connect or in China "A" shares via the Shanghai-Hong Kong Stock Connect supply and demand, and this may be different to the net asset value of the and Shenzhen-Hong Kong Stock Connect or in shares listed on the STAR fund. This means the price may be volatile, meaning the price may go up and Board or the ChiNext, this may involve clearing and settlement, regulatory, down to a greater extent in response to changes in demand. operational and counterparty risks. If the fund invests in onshore renminbi- denominated securities, currency control decisions made by the ChineseLiquidity risk: The price of shares in the fund is determined by market supply government could affect the value of the fund's investments and could cause and demand, and this may be different to the net asset value of the fund. In the fund to defer or suspend redemptions of its shares. difficult market conditions, investors may not be able to find a buyer for their shares or may not get back the amount that they originally invested. Certain investments of the fund, in particular the unquoted investments, may be less Operational risk: Operational processes, including those related to the liquid and more difficult to value. In difficult market conditions, the fund may not safekeeping of assets, may fail. This may result in losses to the fund. be able to sell an investment for full value or at all and this could affect performance of the fund. Charges One-off charges taken before or after you invest The charges you pay are used to pay the costs of running the fund, includingthe costs of marketing and distributing it. These charges reduce the potential Entry charge None growth of your investment. Exit charge None The entry and exit charges shown are maximum figures and in some casesyou might pay less. You can find out the actual entry and exit charges from This is the maximum that might be taken out of your money before it is your financial advisor. invested or before the proceeds of your investment are paid out. The ongoing charges figure shown here is an estimate of the charges becausethe fund was launched recently and did not have a year's expenses upon Charges taken from the fund over a yearwhich to calculate the figure. The fund's annual report for each financial year Ongoing charges 0.28% will include detail on the exact charges made.Please see the prospectus for more details about the charges. Charges taken from the fund under certain specific conditions Performance fee None Past performance % The fund was launched on 13/01/2026.The shareclass was launched on 13/01/2026. There are insufficient data to provide investors with a useful indication of the fund's past performance. Accumulation USD (IE000GML9HQ4) Solactive ISS ESG Screened Paris Aligned Global Markets (Net TR) Index Practical information Depositary: J.P. Morgan SE, Dublin Branch calculated & the identities of persons responsible for awarding theremuneration and benefits. Further information: You can get further information about this fund, including the prospectus, latest annual report, any subsequent half-yearly Portfolio Transparency and Net Asset Value Publication: The net asset report and the latest price of shares from the fund's management company atvalue of the share class is published daily on the following business day and is 5, rue Höhenhof, L-1736 Senningerberg, Luxembourg, and fromaccessible at the registered office of the administrator and via the following www.schroders.lu/kiids. They are available free of charge in English, website: https://www.schroders.com/en-ie/ie/individual/fund-centre/ Flemish, French, German, Italian and Spanish. [schroders.com]. A list of the investments held by the fund is also madeavailable on the same site on a daily basis. Tax Legislation: The fund is subject to the tax laws and regulation of Ireland. You are advised to take advice concerning the possible tax implications of yourGlossary: You can find an explanation of some of the terms used in this investment in the shares. document at www.schroders.com/ukinvestor/glossary. Liability: Schroder Investment Management (Europe) S.A. may be held liable Solactive AG (“Solactive”) is the licensor of Solactive ISS ESG Screened Paris solely on the basis of any statement contained in this document that isAligned Global Markets (Net TR) Index. The financial instruments that are misleading, inaccurate or inconsistent with the relevant parts of the fund's based on the Index are not sponsored, endorsed, promoted or sold by prospectus.Solactive in any way and Solactive makes no express or impliedrepresentation, guarantee or assurance with regard to: (a) the advisability in Umbrella fund: This fund is a sub-fund of an umbrella fund, the name ofinvesting in the financial instruments; (b) the quality, accuracy and/or which is at the top of this document. The prospectus and periodic reports arecompleteness of the Index; and/or (c) the results obtained or to be obtained by prepared for the entire umbrella fund. To protect investors, the assets andany person or entity from the use of the Index. Solactive does not guarantee liabilities of each sub-fund are segregated by law from those of other sub-the accuracy and/or the completeness of the Index and shall not have any funds.liability for any errors or omissions with respect thereto. Notwithstanding Switches: Subject to conditions, you may apply to switch your investment into Solactive's obligations to its licensees, Solactive reserves the right to change another share class within this fund or in another Schroder fund. Please see the methods of calculation or publication with respect to the Index and the prospectus for more details. Solactive shall not be liable for any miscalculation of or any incorrect, delayed Remuneration policy: A summary of Schroders' remuneration policy and or interrupted publication with respect to the Index. Solactive shall not be liable related disclosures is at www.schroders.com/remuneration-disclosures. for any damages, including, without limitation, any loss of profits or business, A paper copy is available free of charge upon request. or any special, incidental, punitive, indirect or consequential damages suffered The policy includes a description of how remuneration and benefits are or incurred as a result of the use (or inability to use) of the Index. This fund is authorised in Ireland and regulated by the Central Bank of Ireland. The Manager is authorised in Luxembourg and regulated by the Luxembourg Financial Markets Authority (Commission de Surveillance du Secteur Financier). This key investor information is accurate as at 13/01/2026.