HSBC ETFs PLC HSBC NASDAQ Global Climate Tech UCITS ETF Marketing communication | Monthly report 31 January 2025 | HNCT LN | USD (Acc) This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Share class detailsInvestment objective Key metrics The Fund aims to track as closely as possible the returns of the NASDAQ CTA Global Climate NAV per share USD 11.10 Technology Index (the Index), while promoting environmental, social and/or governance (ESG) Performance 1 month 2.31% characteristics. The Fund will invest in, or gain exposure to, shares of companies which make up Fund facts the Index. The Fund qualifies under Article 8 of SFDR. UCITS V compliant Yes UK reporting fund status YesInvestment strategy (UKRS) The Index is a modified market-capitalisation index designed to measure the performance of aISA eligible Yes selection of companies in the global climate technology industry which are powering the Dividend treatment Accumulating transition to a carbon neutral global economy across equity markets worldwide, as determined by Dividend currency USD the Index Provider. The companies are selected for inclusion in the Index based on classification by Consumer Fund base currencyUSD Technology Association (CTA). The Index is constructed by excluding companies: involved in the Currency Hedged Not Hedged production of controversial weapons, thermal coal, and oil and gas. Share class base currency USD The Fund is passively managed and aims to invest in the shares of the companies in generally the same proportion as in the Index.Domicile Ireland The Fund may invest up to 10% of its assets in other funds and up to 10% of its assets in total Inception date 11 October 2023 return swaps and contracts for difference. Shares outstanding 4,914,000 See the Prospectus for a full description of the investment objectives and derivative usage. Fund sizeUSD 54,551,053 Reference 100% NASDAQ CTA Global Main risks benchmarkClimate Technology Index Net • The value of investible securities can change over time due to a wide variety of factors, Replication method Physical- Fullincluding but not limited to: political and economic news, government policy, changes indemographics, cultures and populations, natural or human-caused disasters etc. SIPP eligible Yes • The Fund may invest in Emerging Markets, these markets are less established, and often IssuerHSBC ETFs PLCmore volatile, than developed markets and involve higher risks, particularly market, liquidity Fiscal year endDecand currency risks. • To the extent that the Fund seeks to replicate index performance by holding individual Fees and expensessecurities, there is no guarantee that its composition or performance will exactly match thatOngoing charge figure¹ 0.500%of the target index at any given time (“tracking error”).Codes ISIN IE000XC6EVL9 Fund facts SEDOLBNGC8K6 ¹Ongoing Charges Figure is based on expenses Fund managerHSBC Global Asset Management (UK) Limited over a year. The figure includes annual CustodianHSBC Continental Europemanagement charge but not the transaction costs. Such figures may vary from time to time. Fund administrator HSBC Securities Services (Ireland) DAC Past performance does not predict future returns. The figures are calculated in the share class base currency, dividend reinvested, net of fees. This is a marketing communication. Please refer to the prospectus and to the KID before making any final investment decisions. For definition of terms, please refer to the Glossary QR code and Prospectus. Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC NASDAQ Global Climate Tech UCITS ETF Monthly report 31 January 2025 | HNCT LN | USD (Acc) Performance Fund Reference Benchmark 120 Return index rebased to 100 on starting date 115 110 105 100 95 90 12/23 03/24 06/24 09/24 12/24 Since inception Performance (%) YTD1 month 3 months 6 months 1 year 3 years ann 5 years ann ann Fund 2.31 2.31 2.99 4.67 17.85-- --11.18 Reference Benchmark 2.34 2.34 3.12 4.91 18.29-- -- 11.56 Tracking difference -0.03 -0.03-0.13 -0.24-0.44 -- -- -0.38 Tracking error ---- -- --0.15 -- -- 0.15 31/01/24-31/01/23- 31/01/22-31/01/21- 31/01/20- Rolling performance (%) 31/01/25 31/01/2431/01/23 31/01/22 31/01/21 Fund 17.85-- -- ---- Reference Benchmark 18.29 -- -- -- --Reference Benchmark information Equity characteristics Fund Benchmark Index name100% NASDAQ CTA Global Climate Technology No. of holdings ex cash 123 123 Index Net Average market cap (USD Mil) 130,771 130,875 Index currencyUSD Price/earning ratio 24.69 24.70 Benchmark type Net Return Sector allocation (%) Industrials 56.40 Information Technology 21.14 Consumer Discretionary 11.92 Materials 5.74 Utilities 4.12 Financials 0.24 Energy 0.15 Consumer Staples 0.07 Cash & Others 0.22 Fund Past performance does not predict future returns. The figures are calculated in the share class base currency, dividend reinvested, net of fees. Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC NASDAQ Global Climate Tech UCITS ETF Monthly report 31 January 2025 | HNCT LN | USD (Acc)Geographical allocation (%) United States65.63 Mainland China 10.91Switzerland 5.61Taiwan, Province Of China 2.31Sweden 2.06 France 1.93 Korea, Republic Of 1.67Italy 1.43 Denmark1.37 Japan 1.31Other Locations 5.55 Cash & Others 0.22 Fund Top 10 holdingsSectorWeight (%) Tesla Inc Consumer Discretionary 5.40 GE Vernova Inc Industrials5.15 Deere & Co Industrials4.72 Schneider Electric SE Industrials4.57 Analog Devices Inc Information Technology 4.48 Eaton Corp PLC Industrials4.01 CATL Industrials3.96 ABB LtdIndustrials3.91 Trane Technologies PLC Industrials3.90 Emerson Electric CoIndustrials3.77 Trading BloombergiNAV Exchange name Listing date currencyTrading hours ticker Reuters RIC Bloomberg iNAV Reuters BORSA ITALIANA SPA USD ---- -- -- -- DEUTSCHE BOERSE AG-XETRA USD -- -- -- -- -- LONDON STOCK EXCHANGE 13 Oct 2023USD -- HNCT LN HNCT.L HNCTUSIV HNCTUSDINAV =SOLA NYSE EURONEXT - EURONEXT USD -- -- -- -- -- PARIS SIX SWISS EXCHANGE USD -- -- -- -- -- LONDON STOCK EXCHANGE 13 Oct 2023GBP -- HNCS LN HNCS.L HNCSGBIV HNCSGBPINAV =SOLA DEUTSCHE BOERSE AG-XETRA 19 Oct 2023EUR -- H41V GY H41V.DEH41VEUIV H41VEURINAV =SOLA BORSA ITALIANA SPA19 Oct 2023EUR -- HNCT IM HNCT.MIH41VEUIV H41VEURINAV =SOLA Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC NASDAQ Global Climate Tech UCITS ETF Monthly report 31 January 2025 | HNCT LN | USD (Acc) Follow us on: Risk disclosures HSBC Asset Management • Derivatives may be used by the Fund, and these can behave unexpectedly. The pricing and volatility of many derivatives may diverge from strictly reflecting the pricing or volatility of their underlying reference(s), instrument or asset.E-mail: etf.client.services@hsbc.com • Investment Leverage occurs when the economic exposure is greater than the amount Website: www.etf.hsbc.com invested, such as when derivatives are used. A Fund that employs leverage may experience For more information please contact us greater gains and/or losses due to the amplification effect from a movement in the price ofat E-mail: the reference source. Wholesale.clientservices@hsbc.com. • Where overseas investments are held the rate of currency exchange may cause the value of www.assetmanagement.hsbc.com/uk such investments to go down as well as up. To help improve our service and in the • Further information on the potential risks can be found in the Key Information Documentinterests of security we may record and/ (KID) and/or the Prospectus or Offering Memorandum.or monitor your communication with us. Glossary www.assetmanagement.hsbc.co.uk/en/ api/v1/download/document/ gb00b80qg615/gb/en/glossary Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC NASDAQ Global Climate Tech UCITS ETF Monthly report 31 January 2025 | HNCT LN | USD (Acc) Important information The material contained herein is for marketing purposes and is for your information only. This document is not contractually binding nor are we required to provide this to you by any legislative provision. It does not constitute legal, tax or investment advice or a recommendation to any reader of this material to buy or sell investments. You must not, therefore, rely on the content of this document when making any investment decisions. This material is not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. This material is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe to any investment. Any views expressed were held at the time of preparation and are subject to change without notice. While any forecast, projection or target where provided is indicative only and not guaranteed in any way. HSBC Global Asset Management (UK) Limited accepts no liability for any failure to meet such forecast, projection or target. This fund is a sub-fund of HSBC ETFs plc (“the Company”), an investment company with variable capital and segregated liability between sub-funds, incorporated in Ireland as a public limited company, and is authorised by the Central Bank of Ireland. The company is constituted as an umbrella fund, with segregated liability between sub-funds. Shares purchased on the secondary market cannot usually be sold directly back to the Company. Investors must buy and sell shares on the secondary market with the assistance of an intermediary (e.g. a stockbroker) and may incur fees for doing so. In addition, investors may pay more than the current Net Asset Value per share when buying shares and may receive less than the current Net Asset Value per Share when selling them. UK based investors in HSBC ETFs plc are advised that they may not be afforded some of the protections conveyed by the Financial Services and Markets Act (2000), (“the Act”). The Company is recognised in the United Kingdom by the Financial Conduct Authority under section 264 of the Act. The shares in HSBC ETFs plc have not been and will not be offered for sale or sold in the United States of America, its territories or possessions and all areas subject to its jurisdiction, or to United States Persons. Affiliated companies of HSBC Global Asset Management (UK) Limited may make markets in HSBC ETFs plc. All applications are made on the basis of the current HSBC ETFs plc Prospectus, relevant Key Investor Information Document (“KIID”), Supplementary Information Document (SID) and Fund supplement, and most recent annual and semi-annual reports, which can be obtained upon request free of charge from HSBC Global Asset Management (UK) Limited, 8 Canada Square, Canary Wharf, London, E14 5HQ. UK, or from a stockbroker or financial adviser. The indicative intra-day net asset value of the sub-fund[s] is available on at least one major market data vendor terminal such as Bloomberg, as well as on a wide range of websites that display stock market data, including www.reuters.com. Investors and potential investors should read and note the risk warnings in the prospectus, relevant KIID and Fund supplement (where available) and additionally, in the case of retail clients, the information contained in the supporting SID. Further information about the Company including the Prospectus, the most recent annual and semi-annual reports of the Company and the latest share prices, may be obtained free of charge, in English, from the Administrator by emailing ifsinvestorqueries@hsbc.com, or by visiting www.etf.hsbc.com. Details of the underlying investments of the fund are available on www.etf.hsbc.com. The indicative intra-day net asset value of the fund is available on at least one major market data vendor terminal such as Bloomberg, as well as on a wide range of websites that display stock market data, including www.reuters.com. The most recent Prospectus is available in English, German and French. Key Investor Information Document (KID) are available in the local language where they are registered. To help improve our service and in the interests of security we may record and/or monitor your communication with us. HSBC Global Asset Management (UK) Limited provides information to Institutions, Professional Advisers and their clients on the investment products and services of the HSBC Group. Approved for issue in the UK by HSBC Global Asset Management (UK) Limited, who are authorised and regulated by the Financial Conduct Authority. www.assetmanagement.hsbc.co.uk Copyright © HSBC Global Asset Management (UK) Limited 2025. All rights reserved. Further Information can be found in the prospectus and in our Key Investor Information Documents published in our Fund Centre at www.assetmanagement.hsbc.co.uk Term: The management company cannot terminate the Fund unilaterally. The Board of Directors may furthermore decide to liquidate the Fund in certain circumstances set out in the prospectus and articles of incorporation of the Fund.Further additional and complete information (including but not limited to) investor rights, costs and charges, please refer to the prospectus. Detailed information for article 8 and 9 sustainable investment products, as categorised under the Sustainable Finance Disclosure Regulation (SFDR), including; description of the environmental or social characteristics or the sustainable investment objective; methodologies used to assess, measure and monitor the environmental or social characteristics and the impact of the selected sustainable investments and; objectives and benchmark information,can be found at: https://www.assetmanagement.hsbc.co.uk/en/intermediary/investment-expertise/sustainable-investments/sustainable- investment-product-offering Source: HSBC Asset Management, data as at 31 January 2025