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 Global Research Engineered UCITS ETF Janus Henderson Global Research-Engineered Equity Active Core UCITS ETF - USD Acc IE000Y3FZEN4 Investment Manager: Janus Henderson Investors UK 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. The Sub-Fund aims to outperform the Index Benchmark, MSCI World (the Index), over the long term by investing in an actively managed portfolio of equity–This Sub-Fund may not be appropriate for short-term investment. securities and/or depositary receipts issued by global companies. Under normal circumstances, the Sub-Fund will invest at least 80% of its assets in equity – The Share Class is denominated in USD. The Sub-Fund is securities or depositary receipts issued by global developed market companies. Itdenominated in USD. may also invest up to 15% of its assets in equity securities and/or depositary receipts of emerging market companies. The Sub-Fund may invest in companies of any size in any industry. The Sub-Fund may also hold cash. It may use derivatives for the purposes of hedging/risk reduction and will use FX forwards to hedge currency risk in hedged Share Classes. The Sub-Fund is actively managed in reference to the Index. The Sub-Investment Manager selects and weights– In normal conditions, Authorised Participants may deal in shares securities using as inputs the research and recommendations of its “Central Research Team”, quantitative inputs and ESG data. The portfolio is constructed to directly with the Sub-Fund. Other investors can deal in shares daily emphasise stock selection and minimise unintended risks. It will typically have through an intermediary on stock exchanges on which the shares are between 125 and 275 holdings (and is not expected to have fewer than 125 traded. holdings). The Sub-Fund may also hold securities that are not in the Index, including securities issued by emerging market companies. The composition of the For more information on the Share Class of the Sub-Fund, please see Sub-Fund will therefore differ significantly from the Index. The Sub-Investment the supplement for the Sub-Fund and the prospectus of the ICAV, Manager will seek to manage the Sub-Fund’s risk profile relative to the Index by keeping sector weights within +/- 5% of their weights in the Index (and typicallyavailable on the product pages of www.jhetf.com. within +/- 2%) and targeting (ex-ante) annualised tracking error of 1 - 2% relative to the Index. The research and recommendations of the “Central Research Team” are the key input into the portfolio construction. The team considers attractive stocks that it deems having all or some of the following characteristics: Good and preferably growing free cash flow; Strong and defensible market position; Healthy risk/return profile; Exemplary governance; Attractive valuation. The Sub-Fund may lend its securities to certain qualified broker-dealers and institutions for the purposes of efficient portfolio management in an amount equal to up to 30% of its total assets and expected to be between 0% and 20%; all revenues arising from the above shall be returned to the Sub-Fund following the deduction of any direct and indirect operational costs and fees arising. Please refer to the Prospectus section “Securities Financing Transactions and Swaps” for further information. The Fund promotes environmental and social characteristics, as defined under Article 8 of SFDR. Risk and reward profile Active Management: Active management techniques that have worked well in normal marketconditions could prove ineffective or negative for performance at other times. Equities: Shares can lose value rapidly, and typically involve higher risks than bonds or money market Lower risk Higher risk instruments. The value of your investment may fall as a result. Emerging Markets: Emerging markets expose investors to higher volatility and greater risk of loss than Typically lower rewards Typically higher rewards developed markets; they are susceptible to adverse political and economic events and may be lesswell-regulated with less robust custody and settlement procedures. County or Region: High exposure to a particular country or geographical region carries a higher levelof risk than a more broadly diversified portfolio. Derivatives: Derivatives may be used with the aim of reducing risk or managing the portfolio more This indicator is based on historical data and may not be a reliable efficiently. However, this introduces other risks, in particular, that a derivative counterparty may notmeet its contractual obligations. indication of the future risk and reward profile of the Share Class.Liquidity: Securities could become hard to value or to sell at a desired time and price, especially in The risk category shown is not guaranteed and may shift over time.extreme market conditions when asset prices may be falling, increasing the risk of investment losses.The lowest category (Category 1) does not mean ‘risk free’. 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. The Share Class is rated 5 due to the nature of its investments and the frequency of price movement which include the following risks which may impact the value of the Share Class or expose it to losses. – 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 not been based on an ex-post calculation as theSub-Fund was launched less than one calendar year ago. Ongoing The charges you pay are used to pay the costs of running the Sub-Fund, charges have accordingly been estimated based on the expected total including the costs of marketing and distributing it. These charges reduce of charges that will be taken from the assets of the Sub-Fund over the the potential growth of your investment. course of a year, in accordance with the Sub-Fund’s supplement. Itexcludes portfolio transaction costs and taxes or duty charges for One-off charges taken before or after you investportfolio re-balancing, except in the case of an entry/exit charge paid Entry charge: None*by the Sub-Fund when buying or selling units in another collectiveinvestment undertaking if any. 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: 0.30% 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 21 October 2025 – The Share Class was launched on 21 October 2025. – 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 N/A N/A N/A 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. Janus Henderson Investors UK 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.