MARKETING COMMUNICATION | Factsheet | 31 March 2026 Risk and Reward Profile Lower Risk Higher Risk Potentially lower rewardPotentially higher rewardJPMorgan ETFs (Ireland) ICAV - US Hedged Equity Laddered Overlay Active UCITS ETF Class: JPM US Hedged Equity Laddered Overlay Active UCITS ETF - USD (dist) Fund overview Fund ratings As at 31 March 2026 ISIN Morningstar Category™ Options Trading IE000K4JG8P9 Investment objective: The objective of the SubSub--Fund is to provide longlong-- Performance term capital growth. 1 Class: JPM US Hedged Equity Laddered Overlay Active UCITS ETF - Investment policy: The Sub Sub--Fund pursues an actively actively--managed USD (dist) investment strategy. 2 Benchmark: S&P 500 (Total Return Net). The Sub Sub--Fund aims to (i) invest in a portfolio of equity securities comprising primarily of companies that are domiciled in, or carrying out Growth of USD 100,000 Calendar years the main part of their economic activity in the US, and (ii) purchase and sell exchange exchange--traded put options and sell exchangeexchange--traded call options, to provide a continuous market hedge for the portfolio. Investment approach Due to local regulation, we are unable to show performance for the first 12 months. l research--driven investment process that is based on the Uses a research fundamental analysis of companies and their future earnings and cash flows by a team of specialist sector analysts. l Builds a portfolio in reference to the benchmark by overweighting securities with the highest potential to outperform and underweighting securities considered most overvalued. Quarterly rolling 12-month performance (%) l bottom--up stock selection with a disciplined option overlay Combines bottom strategy that is intended to mitigate downside risk while limiting some As at end of March 2026 capital appreciation potential. 2021/2022 2022/20232023/2024 2024/2025 2025/2026 - -- - - Investor profile: Typical investors in the Sub Sub--Fund are expected to be - -- - - investors seeking exposure to the US equity markets with potentially Calendar Year Performance (%) lower volatility relative to traditional long long--only US equities strategies, and who are prepared to accept the risks associated with an investment of2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 this type. - - --------- - -------- Portfolio manager(s) Share class Class launch Return (%) Hamilton Reiner currency USD 7 Oct 2025 Cumulative Annualised Raffaele Zingone Fund assets Domicile Ireland Matt Bensen 1 month 3 months 1 yearYTD 3 years 5 years Launch USD 14.6m Shares outstanding Judy Jansen-- - - - - - Fund launch 245,037 -- - - - - - Fund reference 7 Oct 2025 currency USD UK reporting status NAV USD 24.3323 YesOngoing charge 0.50% Performance Disclosures Past performance is not a guide to current and future performance. ESG information The value of your investments and any income from them may fall ESG approach - Integrated as well as rise and you may not get back the full amount you ESG Integration is the systematic inclusion of financially material ESG invested. factors, alongside other relevant factors, in investment analysis and investment decisions with the goals of managing risk and improvingESG long long--term returns. ESG integration does not by itself change thisFor more information on our approach to sustainable investing at J.P. product's investment objective, exclude specific types of companies orMorgan Asset Management please visit constrain its investable universe. This product is not designed for investors who are looking for a product that meets specific ESG goals or https://am.jpmorgan.com/lu/esg wish to screen out particular types of companies or investments, other than those required by any applicable law such as companies involved in the manufacture, production or supply of cluster munitions. ESG integration does not imply that the Fund is marketed or authorised as an ESG product in any jurisdiction where such authorisation is required. Page 2 of 3 | Factsheet | 31 March 2026 Class: JPM US Hedged Equity Laddered Overlay Active UCITS ETF - USD (dist) Dividend History Mth Dividend Annualised Sectors (%) Amount Record Date Payment Date Yield yield n 32.3 Information Technology $0.0274 16 Jan 202606 Feb 20260.11 % 0.44 % $0.0293 10 Apr 202608 May 20260.12 % 0.48 % n 12.4 Financials n 11.4 Consumer Discretionary Holdings n 10.0 Communication Services Top 10Sector % of assets n 9.3 Health Care Information Nvidia8.0n 8.3 Industrials Technology Informationn 4.0 Energy Apple 6.4 Technology n 3.9 Consumer Staples Information Microsoft 5.3 Technology n 2.6 Utilities Communication n 1.9 Materials Alphabet 5.0 Services Consumer n 1.8 Real Estate Amazon.com 4.1 Discretionary n 2.0 Cash Information Broadcom 2.8 Figures shown may not add up to 100 due to rounding. Technology Communication Meta 2.4 Services Number of Holdings Exxon Mobil Energy 2.2 166 Consumer Tesla 1.8 Discretionary Berkshire HathawayFinancials 1.4 Value at Risk (Var) FundBenchmark VaR 7.07%11.77%Trading information Stock exchange Exchange ticker Trading currencyBloomberg ticker Reuters RICSEDOL London Stock Exchange HEDLUSD HEDL LN HEDL.L BTXYYL0 Deutsche Borse HEDLEUR HEDL GY HEDL.DEBQKPLQ9 Page 3 of 3 | Factsheet | 31 March 2026 Class: JPM US Hedged Equity Laddered Overlay Active UCITS ETF - USD (dist) Value of the Share Class over the last five years and may not be a Key risksreliable indication of the future risk profile of the Share Class. The risk The value of your investment may fall as well as rise and you may getand reward category shown above is not guaranteed to remain back less than you originally invested. unchanged and may change over time. A Share Class with the lowest The value of equity securities may go down as well as up in response risk-- free investment. See the Keyrisk rating does not mean a risk to the performance of individual companies and general marketInvestor Information Document (KIID) for details. conditions, sometimes rapidly or unpredictably. If a company goesThe possible difference between the current ongoing charge as through bankruptcy or a similar financial restructuring, its shares in stated in this document and those mentioned in the KIID, is caused issue typically lose most or all of their value. by the fact that the costs mentioned in the KIID are an estimate The value of FDIs can be volatile. This is because a small movement in based on the actual costs incurred over the past year. the value of the underlying asset can cause a large movement in the value of the FDI and therefore, investment in such instruments may Performance information result in losses in excess of the amount invested by the Sub-Fund. Source: J.P. Morgan Asset Management. Share class performance is While the Sub-Fund uses an options overlay strategy which is shown based on the NAV (net asset value) of the share class with intended to provide a continuous market hedge for the portfolio, there income (gross) reinvested including actual ongoing charges is no guarantee that the strategy will achieve this. The "laddered" excluding any entry and exit fees. Performance is shown based on component of the strategy is designed to mitigate potential risksthe NAV which may not be the same as the market price of the ETF. associated with only one hedge period, but there is no guarantee thatIndividual shareholders may realise returns that are different to the the Investment Manager will be able to do so successfully. NAV based returns. Selling call options will create exposure for the Sub-Fund, as it mayThe return of your investment may change as a result of currency have to deliver the underlying securities or their value and, should the fluctuations if your investment is made in a currency other than that market move unfavourably, this may result in an unlimited loss. used in the past performance calculation. For put options, if the overall market experiences a significantIndices do not include fees or operating expenses and you cannot downturn, the value of relevant index may decline sharply andinvest in them.Investors should note that the benchmark data substantial losses could be incurred. The Sub-Fund's financial liabilitypresented is expressed in the fund's base currency, which may be is therefore linked to the value of the underlying index.different from the currency in which the share class performance REITs and real estate related investments are subject to the risksdata is presented. Investors should exercise caution when associated with the ownership of real estate which may expose thecomparing the benchmark data with share class performance data relevant Sub-Fund to increased liquidity risk, price volatility and lossesthat are in different currencies, as currency fluctuations can due to changes in economic conditions and interest rates.contribute to differences in performance outcomes. Sustainability risk may materially negatively impact the financial condition or operating performance of an issuer and therefore theThe benchmark is for comparative purposes only unless specifically value of that investment. In addition, it may increase the Sub-Fund'sreferenced in the SubSub-- Funds' Investment Objective and Policy. volatility and/or magnify pre-existing risks to the Sub-Fund.Dividend income shown is gross of any applicable tax. Further information about risks can be found in the "Risk Information" Information Sources section of the ProspectusFund information, including performance calculations and otherdata, is provided by J.P. Morgan Asset Management (the marketing General Disclosures name for the asset management businesses of JPMorgan Chase & Before investing, obtain and review the current prospectus, Co. and its affiliates worldwide). Key Investor Information Document (KIID), and any applicable localAll data is as at the document date unless indicated otherwise. offering document. These documents, as well as the© 2026 Morningstar. All Rights Reserved. The information contained sustainability-related disclosures, the annual and semi-annualherein: (1) is proprietary to Morningstar; (2) may not be copied or reports and the articles of incorporation, are available in English distributed; and (3) is not warranted to be accurate, complete or from your financial adviser, your J.P. Morgan Asset Managementtimely. Neither Morningstar nor its content providers are responsible regional contact, the fund’s issuer (see below) or at for any damages or losses arising from any use of this information. https://am.jpmorgan.com/gb/en/asset-management/per/. ARegional Contact summary of investor rights is available in EnglishJPMorgan Asset Management (UK) Limited Registered address: 25 at https://am.jpmorgan.com/lu/investor-rights. J.P. MorganBank Street, Canary Wharf, London E14 5JP, United Kingdom. Asset Management may decide to terminate the arrangements Authorised and regulated by the Financial Conduct Authority. made for the marketing of its collective investment undertakings. Registered in England No. 01161446. This material should not be considered as advice or an investment Issuer recommendation. Fund holdings and performance are likely to have changed since the report date.JPMorgan Asset Management (Europe) S.à r.l., 6, route de Trèves, L L-- To the extent permitted by applicable law, we may record telephone2633 Senningerberg, Luxembourg. B27900, corporate capital EUR calls and monitor electronic communications to comply with our10.000.000.The Sub Sub-- Fund is authorised in Ireland and regulated by legal and regulatory obligations and internal policies. Personal data the Central Bank of Ireland. will be collected, stored and processed by J.P. Morgan Asset Management in accordance with our EMEA PrivacyDefinitions Policy www.jpmorgan.com/emea www.jpmorgan.com/emea-- privacy privacy-- policy policy..NAV Net Asset Value of a fund fund’’s assets less its liabilities per Share. The risk indicator is based on the historic volatility of the Net Asset 09ns212809150855