Key Investor Information This document provides you with key investor information about this Sub-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 Sub-Fund. You are advised to read it so you can make an informed decision about whether to invest.Janus Henderson GCC Sovereign USD Bond Core UCITS ETF Janus Henderson GCC Sovereign USD Bond Core UCITS ETF (USD) IE000L1I4R94 Investment Manager: Tabula Investment Management Limited Management Company: Waystone Management Company (IE) Limited You are about to purchase a product that is not simple and may be difficult to understand Objectives and investment policy – The Share Class of the Sub-Fund will accumulate income in itsvalue. Investment Objective: The Sub-Fund is passive and has the objective to track the performance of the ICE Gulf Cooperation Council Government Bond ex-144a Index –This Sub-Fund may not be appropriate for short-term investment. (the Index). The fund is passively managed. The Sub Fund is denominated in USD.– The Share Class is denominated in USD. The Sub-Fund is Investment Approach: Sub-Fund will seek to achieve its investment objective denominated in USD. primarily through investment in a portfolio of USD-denominated sovereign fixed rate bonds and Sukuks issued by members of the Gulf Cooperation Council that, as far as practicable, reflects the composition of the Index. • The Sub-Fund will use an optimisation strategy and therefore may not hold every constituent of the Index and may not hold constituents in the same proportions as – In normal conditions, Authorised Participants may deal in shares their weightings in the Index. When sampling is used, the Investment Manager will directly with the Sub-Fund. Other investors can deal in shares daily use industry standard tools that are readily available to all investment funds employing a sampling strategy.through an intermediary on stock exchanges on which the shares aretraded. For more information on the Share Class of the Sub-Fund, please seethe supplement for the Sub-Fund and the prospectus of the ICAV,available on the product pages of www.jhetf.com. Risk and reward profile Index Tracking: The performance of the Sub-Fund is not expected to precisely match the performanceof the index at all times and the deduction of fees and expenses means the Sub-Fund might deliver alower total return than the index. Lower risk Higher risk Credit Risk: An issuer of a bond (or money market instrument) may become unable or unwilling to payinterest or repay capital. If this happens or the market perceives this may happen, the value of thebond will fall. Typically lower rewards Typically higher rewardsInterest Rates: When interest rates rise (or fall), the prices of different securities will be affecteddifferently. In particular, bond values generally fall when interest rates rise (or are expected to rise).This risk is typically greater the longer the maturity of a bond investment. Emerging Markets: Emerging markets expose investors to higher volatility and greater risk of loss thandeveloped markets; they are susceptible to adverse political and economic events and may be lesswell-regulated with less robust custody and settlement procedures. This indicator is based on historical data and may not be a reliable indication of the future risk and reward profile of the Share Class. County or Region: High exposure to a particular country or geographical region carries a higher levelof risk than a more broadly diversified portfolio. The risk category shown is not guaranteed and may shift over time.Derivatives: Derivatives may be used with the aim of reducing risk or managing the portfolio moreefficiently. However, this introduces other risks, in particular, that a derivative counterparty may not The lowest category (Category 1) does not mean ‘risk free’. meet its contractual obligations. The Share Class is rated 4 due to the nature of its investments and the Liquidity: Securities could become hard to value or to sell at a desired time and price, especially inextreme market conditions when asset prices may be falling, increasing the risk of investment losses. frequency of price movement which include the following risks which may impact the value of the Share Class or expose it to losses. Counterparty and Operational Risks: Losses could be incurred if a counterparty became unwilling orunable to meet its obligations, or as a result of failure or delay in operational processes or the failure ofa third party provider.– 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 For more information on the risks to the Sub-Fund, please see the forecast on liquidity.supplement for the Sub-Fund and the prospectus of Janus Henderson ICAV, available on the product pages of www.jhetf.com The Index is the intellectual property of the index provider. The Share Class is not sponsored or endorsed by the index provider. Please refer to the Sub-Fund's prospectus for full disclaimer. Charges for this Share Class Ongoing charges have been calculated on the total of charges takenfrom the assets of the Sub-Fund over the course of a year, in The charges you pay are used to pay the costs of running the Sub-Fund, accordance with the Sub-Fund’s supplement. This figure may vary including the costs of marketing and distributing it. These charges reduce from year to year. It excludes portfolio transaction costs and taxes or the potential growth of your investment. duty charges for portfolio re-balancing, except in the case of anentry/exit charge paid by the Sub-Fund when buying or selling units in One-off charges taken before or after you investanother collective investment undertaking if any. Entry charge: None* Exit charge: None* * Not applicable to secondary market investors. Secondary marketinvestors (those who buy or sell shares on a stock exchange) may be Charges taken from the Sub-Fund over a yearcharged certain fees by their stock broker. These charges, if any, canbe obtained from such stock broker. Authorised Participants dealing Ongoing charges: 0.45% directly with the Sub-Fund will pay the transaction costs related to theirsubscriptions and redemptions. Charges taken from the Sub-Fund under certain specific conditions Performance fee: None For more information about charges, please see the section “Fees and Expenses” of the Sub-Fund’s prospectus and supplement, which is available a twww.jhetf.com. Past performance – Past performance is not a reliable indicator of future returns. – The Sub-Fund was launched on 6 January 2023 – The Share Class was launched on 6 January 2023. – Performance is shown after deduction of ongoing charges. Any entry/exit charges are excluded from the calculation. – The past performance has been calculated in USD. The base currency of the Sub-fund and Index is in USD. 1Y Return Share Class Index 2025 8.89% 9.36% Practical information – The Depositary is HSBC Continental Europe. – Further information about the Sub-Fund and the Share Class can be obtained from the latest annual report and semi-annual financial report in English and certain other languages. These can be found, along with details of the underlying investments of the Share Class and the latest share Net Asset Value, at www.jhetf.com or by calling +44 20 3909 4700 or from your financial adviser or broker. – The Sub-Fund is subject to Irish tax regulations. This may have an impact on the investor's personal tax position. – The Manager may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate, or inconsistent with the relevant parts of the Prospectus and Supplement for the Fund. – The indicative intra-day net asset value of the Share Class is available at www.londonstockexchange.com. – The Sub-Fund is part of Janus Henderson ICAV, an Irish collective asset-management vehicle with segregated liability between sub-funds. The assets and liabilities of each sub-fund of Janus Henderson ICAV are segregated by law from each other and the rights of investors and creditors in relation to a sub-fund should normally be limited to the assets of that sub-fund. Janus Henderson ICAV consists of separate sub-funds, each of which issues one or more Share Classes. This document is prepared for a specific Share Class. The prospectus and annual and semi-annual financial reports are prepared for Janus Henderson ICAV. – For ETF Share Classes, only Authorised Participants may switch into Shares of another Share Class of the Sub-Fund or another Sub-Fund of Janus Henderson ICAV. – Details of the remuneration policy of the Manager is available at https://www.waystone.com/waystone-policies/. A paper copy of the remuneration policy will be made available free of charge upon request. This Sub-Fund 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. Tabula Investment Management Limited is authorised in the United Kingdom and regulated by the Financial Conduct Authority. This key investor information is accurate as at 13 February 2026.