*This document provides you with key investor information about this Key Investor Information fund. It is not marketing material. The information is required by law tohelp 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 aboutwhether to invest. JPMorgan ETFs (Ireland) ICAV ISIN: IE000SB9GY21 JPM Global High Yield Corporate Bond Multi-Factor UCITS ETF - USD (dist) a Share Class of JPMorgan ETFs (Ireland) ICAV – Global High Yield Corporate Bond Multi-Factor UCITS ETF. The management company is JPMorgan Asset Management (Europe) S.à r.l. Objectives and Investment Policy Investment Objective: The objective of the Sub-Fund is to achieve a long- returns to continue to exhibit more attractive returns relative to their term return in excess of the Benchmark by actively investing primarily in avolatility. portfolio of below investment grade corporate debt securities, globally. • Quality — the tendency of securities of financially-stable entities (based Investment Policy: The Sub-Fund pursues and actively-managed on measures of their solvency or profitability) to generate more attractive investment strategy. returns relative to their volatility over the long term. The Sub-Fund aims to invest at least 67% of its assets (excluding assets The Sub-Fund will seek to outperform the Benchmark over the long-term. held for ancillary liquidity purposes) in below investment grade corporate The Benchmark consists of below investment grade, fixed rate corporate debt securities. Issuers of these securities may be located in any country,debt securities, such as bonds and notes, of varying maturity, issued including emerging markets.globally ("Benchmark Securities"). The Benchmark has been included as The Sub-Fund systematically includes ESG analysis in its investmenta point of reference against which the performance of the Sub-Fund may decisions on at least 75% of non-investment grade and emerging market be measured. The Sub-Fund will bear a some resemblance to its securities purchased. Pursuant to the Sub-Fund's ESG analysis, at leastBenchmark. 51% of the Sub-Fund's assets are invested in issuers with positive The Sub-Fund will not seek to track the performance of or replicate the environmental and/or social characteristics that follow good governanceBenchmark, rather the Sub-Fund will hold a portfolio of below investment practices, as measured through the Investment Manager's proprietarygrade corporate debt securities (which may include but will not be limited ESG scoring methodology and/or third party data. The Sub-Fund to Benchmark Securities) which are actively selected and managed with promotes environmental and/or social characteristics. Further details on the aim of delivering an investment performance which exceeds that of the ESG analysis applied are provided below. the Benchmark over the long-term. The Sub-Fund invests at least 10% of assets excluding cash, cash The Investment Manager systematically considers ESG issues in its equivalents, money market funds and derivatives for efficient portfolioinvestment analysis and investment decisions with the goals of management, in Sustainable Investments, as defined under SFDR, managing risk and improving long-term returns. The Investment contributing to environmental or social objectives.Manager considers third-party ESG scores by taking into account the The Investment Manager evaluates and applies values and norms basedtrade-off between an issuers ESG score and its multi-factor score) in its screening to implement exclusions on certain industries and issuerssystematic selection process. Similar to the multi-factor process based on specific ESG criteria and/or minimum standards of businessdescribed below, the Investment Manager will evaluate ESG scores on a practice based on international norms. To support this screening, the peer-adjusted basis. These determinations may not be conclusive and Investment Manager relies on third party provider(s) who identify an securities of issuers which may be negatively impacted by such issues issuer's participation in or the revenue which they derive from activities may be purchased and retained by the Sub-Fund while the Sub-Fund may that are inconsistent with the values and norms based screens.The list of divest or not invest in securities of issuers which may be positively screens applied that may result in exclusions can be found on the Website impacted by such issues where the Investment Manager believes that (www.jpmorganassetmanagement.ie). this is in the best interests of the Sub-Fund on the basis of the other The Investment Manager aims to outperform the Benchmark over the elements of the investment policy. long-term by investing in below investment grade corporate debtThe Sub-Fund may invest in assets denominated in any currency and securities globally which display certain factor characteristics more currency exposure may be managed by reference to the Benchmark. strongly when compared to their peer group (i.e. other corporate bonds The Sub-Fund may, for efficient portfolio management purposes, use in the same market sector, denominated in the same currency and with financial derivative instruments. similar creditworthiness). Factors are characteristics that describe the USD is the base currency of the Sub-Fund. risk and return profile of securities from which investors expect to achieve Redemption and Dealing: Shares of the Sub-Fund are traded on one or above average returns over time, through assuming a particular risk or more stock exchanges. Certain market makers and brokers may taking advantage of a behavioural bias.subscribe and redeem Shares directly with JPMorgan ETFs (Ireland) ICAV, The Investment Manager selects securities by applying a quantitative and are referred to as "Authorised Participants". Other investors who are security selection process that uses multiple factors, refered to as "multi- not Authorised Participants can purchase and sell Shares daily on a factor". This process involves selecting below investment grade corporate recognised stock exchange or over-the-counter. debt securities issued globally according to an overall multi-factor score Benchmark: ICE BofA Global High Yield Index. derived from equally weighting the three factors described below: Distribution Policy: This Share Class will normally pay dividends semi- • Value — the tendency of securities trading at a wider spread relative to annually. their fundamental characteristics (such as default probability) to generateFor an explanation of some of the terms used in this document, please more attractive returns over the long term.visit the glossary on our website at www.jpmorganassetmanagement.ie. • Momentum — the tendency of securities which have exhibited higher Risk and Reward Profile Lower risk Higher risk securities which may also be subject to higher volatility and lower Potentially lower reward Potentially higher reward liquidity than investment grade debt securities. The credit worthiness of unrated debt securities is not measured by reference to an independent credit rating agency. 1 2 3 4 5 6 7 B Since the instruments held by the Sub-Fund may be denominated in The above rating is based on the historic volatility of the simulated Netcurrencies other than the base currency, the Sub-Fund may be affected Asset Value of this Share Class over the last five years and may not be aunfavourably by exchange control regulations or fluctuations in reliable indication of the future risk profile of this Share Class. currency rates. For this reason, changes in currency exchange rates The risk and reward category shown above is not guaranteed to remain can affect the value of the Sub-Fund's portfolio and may impact the unchanged and may change over time. value of the Shares. A Share Class with the lowest risk rating does not mean a risk-freeB Emerging markets may be subject to increased political, regulatory and investment. economic instability, less developed custody and settlement practices, Why is this Share Class in this category? This Share Class is classified in poor transparency and greater financial risks. Emerging market and category 4 because its simulated Net Asset Value has shown mediumbelow investment grade debt securities may also be subject to higher fluctuations historically. volatility and lower liquidity than non-emerging market and investment grade debt securities respectively. OTHER MATERIAL RISKSB The Sub-Fund seeks to provide a return above the Benchmark; however B The value of your investment may fall as well as rise and you may get the Sub-Fund may underperform the Benchmark.back less than you originally invested.B Exclusion of issuers that do not meet certain ESG criteria from the Sub- B The value of debt securities may change significantly depending on Fund's investment universe may cause the Sub-Fund to performeconomic and interest rate conditions as well as the credit worthiness differently compared to similar funds that do not have such a policy.of the issuer. Issuers of debt securities may fail to meet paymentB Further information about risks can be found in the "Risk Information"obligations or the credit rating of debt securities may be downgraded.These risks are typically increased for below investment grade debt section of the Prospectus. Charges One-off charges taken before or after you invest B Investors who are not Authorised Participants may have to pay brokerage commissions or other charges determined and imposed by Entry charge None their brokers when buying or selling Shares on stock exchange(s). Exit charge NoneInformation on charges can be obtained from your broker. Authorised Participants dealing directly with JPMorgan ETFs (Ireland) ICAV will pay This is the maximum that might be taken out of your money before it is related transaction costs. invested or before the proceeds of your investment are paid out. B Charges are used to pay the costs of running this Share Class, Charges taken from this Share Class over a year including the costs of marketing and distribution. These charges Ongoing charge 0.35% reduce the potential growth of the investment. B The ongoing charge figure is estimated and is based on the expected Charges taken from this Share Class under certain specific conditionstotal of charges. The UCITS' annual report for each financial year will Performance fee Noneinclude detail on the exact charges made. B Further information about charges can be found in the "Fees and Expenses" section of the Prospectus. Past Performance Q JPM Global High Yield Corporate Bond Multi-Factor UCITS ETF - B Past performance is not a guide to future performance. USD (dist) (IE000SB9GY21) B Performance data has been calculated including tax, ongoing charges% Q Benchmark and portfolio transaction costs and excluding entry and exit charges, in USD. 14 12.1 B Where no past performance is shown there was insufficient data 11.1 12 available in that year to provide performance. B Sub-Fund launch date: 2020. 10 B Share Class launch date: 2022. 7.58 6.46420 - - -- -- 2020 2021 2022 2023 2024 1 A different benchmark was used during this period. -- - 1 - 2 This performance was achieved under circumstances that may no -- - 2 - longer apply. Practical Information Depositary: The depositary is Brown Brothers Harriman Trustee Services The Sub-Fund is part of JPMorgan ETFs (Ireland) ICAV, an Irish collective (Ireland) Limited. asset-management vehicle with segregated liability between sub-funds. Further Information: A copy of the Prospectus and the latest annual and JPMorgan ETFs (Ireland) ICAV consists of separate sub-funds, each of semi-annual financial report in English and certain other languages and which issues one or more Share Classes. This document is prepared for a the latest Net Asset Value are available free of charge upon request from specific Share Class. The Prospectus and annual and semi- annual www.jpmorganassetmanagement.ie, by email from fundinfo@jpmorgan.financial reports are prepared for JPMorgan ETFs (Ireland) ICAV. com, or by writing to JPMorgan Asset Management (Europe) S.à r.l, 6 route Switching: Switching of Shares from one Sub-Fund into Shares in another de Trèves, L-2633 Senningerberg, Grand Duchy of Luxembourg. Portfolio Sub-Fund is not permitted. Switching of Shares from one Share Class into disclosure policy of JPMorgan ETFs (Ireland) ICAV can be obtained at www. another Share Class within the same Sub-Fund is also not permitted to jpmorganassetmanagement.ie. The latest prices of shares can be investors trading on stock exchanges but may be available to the obtained from your broker. Authorised Participants. Further information can be found in the Remuneration Policy: The Management Company's Remuneration Policy Prospectus. can be found on http://www.jpmorganassetmanagement.lu/emea- Privacy Policy: You should note that, if you contact J.P. Morgan Asset remuneration-policy. This policy includes details of how remuneration Management by telephone, those lines may be recorded and monitored and benefits are calculated, including responsibilities and composition for legal, security and training purposes. You should also take note that of the committee which oversees and controls the policy. A copy of this information and data from communications with you may be processed policy can be requested free of charge from the Management Company. by J.P. Morgan Asset Management, acting as a data controller, in Tax: The Sub-Fund is subject to Irish tax regulations. This may have an accordance with applicable data protection laws. Further information impact on the investor's personal tax position. about processing activities of J.P. Morgan Asset Management can be Legal Information: JPMorgan Asset Management (Europe) S.à r.l. may be found in the EMEA Privacy Policy, which is available at www.jpmorgan. held liable solely on the basis of any statement contained in this com/emea-privacy-policy. Additional copies of the EMEA Privacy Policy are document that is misleading, inaccurate or inconsistent with the relevant available on request. parts of the Prospectus. The Sub-Fund is authorised in Ireland and regulated by the Central Bank of Ireland. JPMorgan Asset Management (Europe) S.à r.l. is authorised in Luxembourg and regulated by the CSSF. This Key Investor Information is accurate as at 10/02/2025