HSBC ETFs PLC HSBC NASDAQ GLOBAL SEMICONDUCTOR UCITS ETF Marketing communication | Monthly report 31 January 2025 | HNSC LN | USD 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 Global SemiconductorNAV per share USD 15.19 Index (the Index). The Fund will invest in, or gain exposure to, shares of companies which make Performance 1 month 2.31% up the Index. Tracking error 3 years 0.12% Fund factsInvestment strategy UCITS V compliant Yes The Index is a subset of the Nasdaq Global Index (Parent Index) and measures the performance of UK reporting fund statusYes the 80 largest global semiconductor companies. The Index is a modified market capitalisation- (UKRS) weighted index and applies issuer exposure capping. ISA eligibleYes The Fund is passively managed and aims to invest in the shares of the companies in generally the Dividend treatment Accumulating same proportion as in the Index. There may be circumstances when it is not possible or practical for the Fund to invest in all constituents of the Index. The index provider selects constituentsDividend currency USD semi-annually and thresholds may be applied in order to determine involvement in business Fund base currency USD activities, such, as controversial weapons and generation of power using thermal coal. Currency HedgedNot Hedged The Fund may invest more than 20% of its assets in issuers based in emerging markets and may invest in China A-shares either directly or indirectly through China A-shares Access Products Share class base currency USD (CAAP). DomicileIreland The Fund may invest up to 10% in total return swaps and may invest up to 10% in other funds,Inception date 25 January 2022 including HSBC funds. Shares outstanding 6,996,250 See the Prospectus for a full description of the investment objectives and derivative usage. Fund size USD 106,296,956 Reference 100% Nasdaq Global Main risks benchmark Semiconductor Index • The value of investible securities can change over time due to a wide variety of factors,Replication methodPhysical- Fullincluding but not limited to: political and economic news, government policy, changes in SIPP eligible Yesdemographics, cultures and populations, natural or human-caused disasters etc. Issuer HSBC ETFs PLC • The Fund may invest in Emerging Markets, these markets are less established, and oftenmore volatile, than developed markets and involve higher risks, particularly market, liquidity Fiscal year end Decand currency risks. Fees and expenses • The Fund may be concentrated in a limited number of securities, economic sectors and/or Ongoing charge figure¹ 0.350%countries and as a result, may be more volatile and have a greater risk of loss than moreCodesbroadly diversified funds. ISINIE000YDZG487 SEDOL BNZHR38 Fund facts ¹Ongoing Charges Figure is based on expenses over a year. The figure includes annual Fund managerHSBC Global Asset Management (UK) Limited management charge but not the transaction CustodianHSBC Continental Europecosts. 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 SEMICONDUCTOR UCITS ETF Monthly report 31 January 2025 | HNSC LN | USD PerformanceFund Reference Benchmark 180 Return index rebased to 100 on starting date 160 140 120 100 80 60 06/22 12/2206/23 12/2306/24 12/24Since inception Performance (%) YTD 1 month 3 months 6 months1 year 3 years ann 5 years ann ann Fund2.31 2.31 2.44-3.1916.35 13.46 -- 14.46 Reference Benchmark 2.34 2.34 2.50-3.0916.65 13.76--14.77 Tracking difference -0.03-0.03-0.06 -0.10 -0.30 -0.30 -- -0.31 Tracking error -- -- -- --0.06 0.12 -- 0.1231/01/24- 31/01/23- 31/01/22- 31/01/21- 31/01/20- Rolling performance (%)31/01/2531/01/2431/01/2331/01/22 31/01/21 Fund 16.35 49.60 -16.08 ---- Reference Benchmark 16.65 50.13-15.92 ---- Reference Benchmark information Equity characteristics Fund BenchmarkIndex name 100% Nasdaq Global Semiconductor Index No. of holdings ex cash80 80Index currency USD Average market cap (USD Mil) 468,717468,667Benchmark type Net Return Price/earning ratio 34.1134.10TR Index Bloomberg Ticker GSOXNR Sector allocation (%)Information Technology 99.59 Cash & Others 0.41 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 SEMICONDUCTOR UCITS ETF Monthly report 31 January 2025 | HNSC LN | USDGeographical allocation (%) United States 61.14 Taiwan 13.96Netherlands 9.54Japan 7.10South Korea 3.42 Mainland China 1.96 Germany 1.39 Singapore0.66Sweden0.13Hong Kong (Sar) 0.12Other Locations 0.18 Cash & Others 0.41 Fund Top 10 holdings Sector Weight (%) Broadcom IncInformation Technology 10.45 Taiwan Semiconductor Co Ltd Information Technology 8.66 ASML Holding NV Information Technology 8.27 NVIDIA Corp Information Technology 6.65 Advanced Micro Devices Inc Information Technology 5.57 QUALCOMM IncInformation Technology 4.18 Applied Materials Inc Information Technology 3.95 Texas Instruments Inc Information Technology 3.52 Analog Devices Inc Information Technology 3.35 Lam Research Corp Information Technology 3.33Trading Bloomberg iNAV Exchange nameListing date currency Trading hours tickerReuters RIC Bloomberg iNAV Reuters LONDON STOCK EXCHANGE26 Jan 2022 USD08:00 - 16:30 HNSC LN HNSC.L HNSUSDIVHNSCUSDINAV =SOLA LONDON STOCK EXCHANGE26 Jan 2022 GBP08:00 - 16:30 HNSS LN HNSS.L HNSGBPIV HNSSGBPINAV =SOLA NYSE EURONEXT - EURONEXT 01 Feb 2022 EUR09:00 - 17:30 HNSC FP HNSS.PAHNSEURIV HNSCEURINAV PARIS=SOLA BORSA ITALIANA SPA 01 Feb 2022 EUR09:00 - 17:35 HNSC IM HNSC.MIHNSEURIV HNSCEURINAV =SOLA DEUTSCHE BOERSE AG-XETRA 01 Feb 2022 EUR09:00 - 17:30 HNSC GY HNSC.DEHNSEURIV HNSCEURINAV =SOLA SIX SWISS EXCHANGEUSD--HNSC SW HNSC.S HNSUSDIV HNSCUSDINAV =SOLA Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC NASDAQ GLOBAL SEMICONDUCTOR UCITS ETF Monthly report 31 January 2025 | HNSC LN | USD Follow us on: Risk disclosures HSBC Asset Management • To the extent that the Fund seeks to replicate index performance by holding individual securities, there is no guarantee that its composition or performance will exactly match that of the target index at any given time (“tracking error”). E-mail: etf.client.services@hsbc.com • Derivatives may be used by the Fund, and these can behave unexpectedly. The pricing andWebsite: www.etf.hsbc.com volatility of many derivatives may diverge from strictly reflecting the pricing or volatility of For more information please contact us their underlying reference(s), instrument or asset.at E-mail: • Investment Leverage occurs when the economic exposure is greater than the amount Wholesale.clientservices@hsbc.com. invested, such as when derivatives are used. A Fund that employs leverage may experience www.assetmanagement.hsbc.com/uk greater gains and/or losses due to the amplification effect from a movement in the price ofTo help improve our service and in the the reference source. interests of security we may record and/ • Where overseas investments are held the rate of currency exchange may cause the value of or monitor your communication with us. such investments to go down as well as up. • Further information on the potential risks can be found in the Key Information Document (KID) and/or the Prospectus or Offering Memorandum. 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 SEMICONDUCTOR UCITS ETF Monthly report 31 January 2025 | HNSC 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. Source: HSBC Asset Management, data as at 31 January 2025