HSBC ETFs PLC HSBC BLOOMBERG GLOBAL SUSTAINABLE AGGREGATE 1-3 YEAR BOND UCITS ETF Marketing communication | Monthly report 31 January 2025 | HAGG LN | USD This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Share class detailsInvestment objectiveKey metrics The Fund aims to track as closely as possible the returns of the Bloomberg MSCI Global NAV per share USD 10.39 Aggregate 1-3 SRI Carbon ESG-Weighted Index (the Index). The Fund will invest in, or gain Performance 1 month 0.56% exposure to bonds issued by sovereign which make up the Index. The Fund qualifies under Article 8 of SFDR. Yield to maturity 3.33%Fund factsUCITS V compliant YesInvestment strategy UK reporting fund status Yes The Index is a subset of the Bloomberg Global Aggregate 1-3 Year Index (the Parent Index), and is (UKRS) made up of investment grade, fixed-rate bonds maturing in 1 to 3 years from both developed and ISA eligible Yes emerging markets issuers, as defined by the index provider. The Index seeks to achieve aDividend treatment Accumulating reduction in carbon emissions and an improvement in the MSCI environmental, social and/or governance (ESG) rating against that of its Parent Index. The Index identifies securities based on Dealing frequencyDaily sustainability exclusionary criteria include: issuers involved in business activities, such as, alcohol, Fund base currencyUSD gambling, civilian firearms, fossil fuels, controversial weapons, and revenue from thermal coal.TheCurrency Hedged Not Hedged Fund is passively managed and utilises an investment technique called optimisation. The Fund may invest up to 30% in total return swaps, up to 30% in securities traded on the CIBM and may Valuation time 23:00 Ireland invest up to 10% in other funds, including HSBC funds. See the Prospectus for a full description Share class base currency USD of the investment objectives and derivative usage. Domicile IrelandInception date 13 January 2022 Main risksFund sizeUSD 85,849,864Reference 100% Bloomberg MSCI • The Fund invests in bonds whose value generally falls when interest rates rise. This risk isbenchmarkGlobal Aggregate 1-3 SRItypically greater the longer the maturity of a bond investment and the higher its credit quality.Carbon ESG-WeightedThe issuers of certain bonds, could become unwilling or unable to make payments on theirIndexbonds and default. Bonds that are in default may become hard to sell or worthless. • To the extent that the Fund seeks to replicate index performance by holding individual ManagersSebastien Fauchersecurities, there is no guarantee that its composition or performance will exactly match that Amnita Sanyalof the target index at any given time (“tracking error”). Richard Jenkins • Investment Leverage occurs when the economic exposure is greater than the amountFees and expensesinvested, such as when derivatives are used. A Fund that employs leverage may experienceMinimum initial USD 1greater gains and/or losses due to the amplification effect from a movement in the price of investment¹the reference source.Ongoing charge figure² 0.180%CodesISIN IE000XGNMWE1Bloomberg tickerHAGG LNSEDOL BP6QQZ3¹Please note that initial minimum subscriptionmay vary across different distributors²Ongoing Charges Figure is based on expensesover a year. The figure includes annualmanagement charge but not the transactioncosts. Such figures may vary from time to time. 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 BLOOMBERG GLOBAL SUSTAINABLE AGGREGATE 1-3 YEAR BOND UCITS ETF Monthly report 31 January 2025 | HAGG LN | USD Performance Fund Reference Benchmark 100 Return index rebased to 100 on starting date 98 96 94 92 90 88 06/22 12/22 06/23 12/23 06/24 12/24Since inception Performance (%) YTD 1 month 3 months 6 months 1 year3 years ann 5 years ann ann Fund0.560.56-0.95 0.05 0.99 -1.09-- -1.48 Reference Benchmark 0.590.59 -0.89 0.171.23 -0.88 -- -1.27 31/01/24- 31/01/23-31/01/22-31/01/21- 31/01/20- Rolling performance (%) 31/01/25 31/01/24 31/01/23 31/01/22 31/01/21 Fund 0.99 1.43-5.55-- -- Reference Benchmark 1.23 1.65 -5.36 -- --Reference Reference 3-Year Risk Measures Fund Benchmark 5-Year Risk MeasuresFund Benchmark Volatility -- -- Volatility -- -- Sharpe ratio -- -- Sharpe ratio -- -- Tracking error -- -- Tracking error -- -- Information ratio-- -- Information ratio-- --Reference Fixed Income CharacteristicsFundBenchmark Relative No. of holdings ex cash 388 6,027 -- Average coupon rate 2.60 2.460.14 Yield to worst 3.30%3.31% -0.02% Option adjusted duration 1.87 1.870.00 Modified duration to worst 1.86 1.860.00 Option adjusted spread duration 1.88 1.880.00 Average maturity 1.95 1.950.00 Rating average AA/AA-AA/AA---Reference Maturity Breakdown Credit rating (%)FundBenchmark Relative (Option adjustedReference AAA 19.41 16.72 2.69duration) Fund Benchmark Relative 0 - 6months 0.00 0.000.00 AA 44.39 46.63 -2.25 6months - 1 years 0.00 0.00 0.00 A 27.41 26.13 1.28 1 years - 1.5 years 0.35 0.35 0.00 BBB 8.40 10.52 -2.12 1.5 years - 2 years 0.44 0.45 -0.01 BB 0.13 -- 0.13 2 years - 2.5 years 0.54 0.51 0.03 Cash 0.27 -- 0.27 2.5 years - 4 years 0.52 0.56 -0.04 Total 1.85 1.87 -0.02 Past performance does not predict future returns. The figures are calculated in the share class base currency, dividend reinvested, net of fees. Broad Market Index: Bloomberg Global Agg 1-3 Year Total Return Index Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC BLOOMBERG GLOBAL SUSTAINABLE AGGREGATE 1-3 YEAR BOND UCITS ETF Monthly report 31 January 2025 | HAGG LN | USDCurrency Allocation Reference (%) Fund Benchmark Relative USD48.8548.89-0.04 EUR23.70 23.66 0.04 JPY10.01 10.02 -0.01 CNY4.004.01 0.00 GBP3.783.79 0.00 CAD2.762.76 0.00 KRW1.501.47 0.03 AUD1.461.46 0.00 SEK0.770.77 0.00 DKK0.470.47 0.00 Other Currencies 2.682.70 -0.02 Geographical allocation (%)United States 40.62 42.61 Japan 10.85 10.54Germany 7.27 6.31 France 7.20 6.05 Canada 5.53 4.32Mainland China 4.23 4.35 United Kingdom 3.984.08 Supranational 3.61 3.00 Italy2.49 2.74 Spain 1.89 2.02 Other Locations 12.07 13.99 Cash 0.27 Fund Reference Benchmark Reference Sector allocation (%) FundBenchmark Relative Treasuries65.98 65.85 0.13 Financial Institutions11.32 11.05 0.27 Covered5.53 4.02 1.52 Agencies 4.60 4.71 -0.11 Supranational 3.61 2.98 0.62 LOCAL AUTHORITY1.88 2.35 -0.46 Consumer Cyclical 1.50 1.32 0.19 Consumer Non cyclical 1.37 1.76 -0.39 Capital Goods 0.78 0.70 0.08 Communications 0.75 0.83 -0.08 Other Sectors 2.40 4.43 -2.03 Cash 0.27-- 0.27 Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC BLOOMBERG GLOBAL SUSTAINABLE AGGREGATE 1-3 YEAR BOND UCITS ETF Monthly report 31 January 2025 | HAGG LN | USDTop 10 holdings Weight (%) JAPAN GOVT 10-YR 0.100 20/03/271.30 US TREASURY N/B 4.875 31/05/26 0.96 JAPAN GOVT 5-YR 0.005 20/09/26 0.89 US TREASURY N/B 1.250 31/12/26 0.89 US TREASURY N/B 4.125 15/02/27 0.84 US TREASURY N/B 4.375 15/12/26 0.83 JAPAN GOVT 5-YR 0.005 20/12/26 0.82 FRANCE O.A.T. 0.500 25/05/26 0.79 US TREASURY N/B 4.500 15/07/26 0.79 JAPAN GOVT 5-YR 0.005 20/03/26 0.78 Trading Bloomberg iNAV Exchange nameListing date currency Trading hours ticker Reuters RIC Bloomberg iNAV Reuters LONDON STOCK EXCHANGE14 Jan 2022USD 08:00 - 16:30 HAGG LN HAGG.L HAGUSDIVHAGGUSDINA V=SOLA LONDON STOCK EXCHANGE14 Jan 2022GBP 08:00 - 16:30 HAGS LN HAGS.L HAGGBPIV HAGSGBPINAV =SOLA NYSE EURONEXT - EURONEXT 14 Jan 2022EUR 09:00 - 17:30 HAGG FP HAGG.PAHAGEURIV HAGGEURINAV PARIS =SOLA BORSA ITALIANA SPA 18 Jan 2022EUR 09:00 - 17:35 HAGG IM HAGG.MIHAGEURIV HAGGEURINAV =SOLA DEUTSCHE BOERSE AG-XETRA 18 Jan 2022EUR 09:00 - 17:30 HGGA GY HGGA.DEHAGEURIV HAGGEURINAV =SOLA SIX SWISS EXCHANGE USD -- HAGG SW HAGG.S HAGUSDIV HAGGUSDINA V=SOLA Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC BLOOMBERG GLOBAL SUSTAINABLE AGGREGATE 1-3 YEAR BOND UCITS ETF Monthly report 31 January 2025 | HAGG LN | USD Broad market MSCI ESG Score ESG score ESG Sustainability indicators Fund index Fund 6.4 6.1 6.5 6.7 Carbon emissions intensity* 15.30 96.09 Broad market index 5.9 5.7 6.3 6.4 *Carbon Intensity measures the quantity of carbon emission of a company (tonnes CO²e/USD million revenue) The MSCI ESG Key Issue Score is the numerical, weighted average of Source: S&P Global Trucost MSCI’s E, S, and G pillar scores. A higher number indicates a more favourable ESG profile in the view of MSCI. The weighted averages of the Key Issue Scores are aggregated and companies’ scores are normalized by their industries. After any overrides are factored in, each company’s Final Industry-Adjusted Score corresponds to a rating. For more information, see MSCI ESG Ratings Methodology @ https:// www.msci.com/esg-and-climate-methodologies Broad Market Index: Bloomberg Global Agg 1-3 Year Total Return Index Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC BLOOMBERG GLOBAL SUSTAINABLE AGGREGATE 1-3 YEAR BOND UCITS ETF Monthly report 31 January 2025 | HAGG LN | USD Follow us on: Risk disclosuresHSBC Asset Management • Where overseas investments are held the rate of currency exchange may cause the value of such investments to go down as well as up. • Further information on the potential risks can be found in the Key Information Document E-mail: etf.client.services@hsbc.com (KID) and/or the Prospectus or Offering Memorandum. Website: www.etf.hsbc.comFor more information please contact usat E-mail:Wholesale.clientservices@hsbc.com.www.assetmanagement.hsbc.com/ukTo help improve our service and in theinterests of security we may record and/or monitor your communication with us.Glossarywww.assetmanagement.hsbc.co.uk/en/api/v1/download/document/gb00b80qg615/gb/en/glossary Index disclaimer Bloomberg® is a trademark and service mark of Bloomberg Finance L.P. (collectively with its affiliates, “Bloomberg”). Barclays® is a trademark and service mark of Barclays Bank Plc (collectively with its affiliates, “Barclays”), used under license. Bloomberg or Bloomberg’s licensors, including Barclays, own all proprietary rights in the Bloomberg Barclays Indices. Neither Bloomberg nor Barclays approve or endorse this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith. Source: MSCI. The MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non- infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www.msci.com) Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC BLOOMBERG GLOBAL SUSTAINABLE AGGREGATE 1-3 YEAR BOND UCITS ETF Monthly report 31 January 2025 | HAGG LN | USD 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