Marketing Communication DFNS VanEck Defense UCITS ETF Fund Details Fund Description 28 February 2025 Base CurrencyUSD As global uncertainty persists, the issue of security and defense has once again become a top Inception Date 31 March 2023 concern for financial investors. VanEck‘s Defense ETF provides investors with access to leading Domicile Ireland defense technology companies, large-scale cybersecurity firms and defense-relevant service providers. Net Assets USD 2639.2M The MarketVector™ Global Defense Industry Index tracks the overall performance of companies Shares Outstanding 66,900,000 serving national defense industries. Total Expense Ratio0.55% Performance History: Average Annual Total Returns* (%) Product Structure Physical (Full Replication) ETF Month End as of 28 Feb 2025 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR INCEPTION UCITS Compliant Yes ETF 3.915.87 9.31 35.39 -- -- -- 42.33 Rebalance FrequencyQuarterly MVDEFTR (Index) 4.016.11 9.57 36.07 30.48 -- -- 43.16 Distribution FrequencyNot Applicable Income Treatment Reinvestment Past Performance as of 31 Dec 2024 Swiss Valor 125816101 60% ISA Eligibility Yes SIPP AvailableYes 40% Countries of AT, CH, DE, DK, ES, FI, Registration FR, IE, IS, IT, LU, NL, NO, PL, PT, SE, UK 20% Index Information0% Index ProviderMarketVector Indexes 2020 20212022 20232024 GmbH VanEck Defense UCITS ETF Index Type Total ReturnBenchmark Index (MarketVector Global Defense Industry Index) Currency USD 2020 2021 2022 2023 2024 Inception Date 31 Jan 2023 VanEck Defense UCITS ETF 43.5 Rebalance Quarterly FrequencyBenchmark Index (MarketVector Global Defense Industry Index) 44.1 Bloomberg Ticker MVDEFTRPast performance does not predict future returns. Performance quoted represents past performance. Current performance may be lower or higher than average annual returns shown. Performance data is displayed on a Net Reuters Ticker .MVDEFTR Asset Value basis, in Base Currency terms, with net income reinvested, net of fees. Brokerage or transaction fees will apply. Returns may increase or decrease as a result of currency fluctuations. Investors must be aware Fund Datathat, due to market fluctuations and other factors, the performance of the ETFs may vary over time and should Number of Holdings 28consider a medium/long-term perspective when evaluating the performance of ETFs. Investing is subject to risks, including the possible loss of principal. Source: VanEck. Price/Earnings Ratio* 23.88 *Reference periods indicate cumulative performance, not annualized. Price/Book Ratio*4.19 Weighted Avg. MCapUSD 31.8B Sector weightings * Last 12 Months Sector % of Net Assets Industrials89.9 Country Breakdown Information Technology 10.0 United States52.37% Other/Cash 0.0 France 13.15% Sector Classification: GICS Italy 9.34% South Korea7.51% Sweden 4.94% Israel 4.36% Singapore 3.45% United Kingdom 3.32% Other/Cash 1.56% Marketing Communication DFNS VanEck Defense UCITS ETF Top 10 Holdings 28 February 2025 THALES SA 10.25% LEONARDO SPA 9.34% PALANTIR TECHNOLOGIES INC8.76% LEIDOS HOLDINGS INC 6.33% HANWHA AEROSPACE CO LTD 6.18% BOOZ ALLEN HAMILTON HOLDING CORP 5.88% CURTISS-WRIGHT CORP 5.62% SAAB AB 4.94% BWX TECHNOLOGIES INC 4.38% ELBIT SYSTEMS LTD4.36% SUBTOTAL - TOP 10 66.04% REMAINING HOLDINGS 33.92% OTHER/CASH 0.04% TOTAL 100.00% For a complete up-to-date listing of Fund holdings, please visit www.vaneck.com Trading InformationTRADING EXCHANGE BLOOMBERG REUTERS IOPV EXCHANGE CURRENCY ISIN TICKER TICKER TICKER SEDOL SYMBOL LONDON STOCK EXCHANGE USD IE000YYE6WK5 DFNS DFNS LN DFNS.L BR1H1T4 DFNSUSIV LONDON STOCK EXCHANGE GBP IE000YYE6WK5 DFNG DFNG LN DFNG.L BR1H1S3 DFNSUSIV DEUTSCHE BÖRSEEUR IE000YYE6WK5 DFEN DFEN GY DFEN.DEBR1H1W7DFNSEUIV BORSA ITALIANAEUR IE000YYE6WK5 DFNS DFNS IMDFNS.MI BR1H1V6 DFNSEUIV SIX SWISS EXCHANGECHF IE000YYE6WK5 DFNS DFNS SE DFNS.S BR1H1X8 -- EURONEXT PARISEUR IE000YYE6WK5 DFNS DFNS FP DFNS.PA --DFNSEUIV Key Risks Industry or Sector Concentration Risk: The Fund’s assets may be concentrated in one or more particular sectors or industries. Defense ETF may be subject to the risk that economic, political or other conditions that have a negative effect on the relevant sectors or industries will negatively impact the Fund's performance to a greater extent than if the Fund’s assets were invested in a wider variety of sectors or industries. Liquidity Risk: Liquidity risks exist when a particular financial instrument is difficult to purchase or sell. If the relevant market is illiquid, it may not be possible to initiate a transaction or liquidate a position at an advantageous or reasonable price, or at all. This is one of the risk factors of Defense ETF. Equity Market Risk: The prices of the securities in Defense ETF are subject to the risks associated with investing in the securities market, including general economic conditions and sudden and unpredictable drops in value. An investment in the Fund may lose money. For more information on risks, please see the “Risk Factors” section of the relevant Fund’s prospectus, available on www.vaneck.com. IMPORTANT INFORMATION This is a marketing communication targeted to FCA regulated financial intermediaries. Retail investors should seek assistance from a financial intermediary for all investment guidance and advice. This material is only intended as general and preliminary information and shall not be construed as investment, legal or tax advice. Please refer to the UCITS prospectus and to the Key Investor Information Document (KIID) before making any final investment decisions. These documents are available in English and the KIIDs in local languages and can be obtained free of charge at www.vaneck.com, from VanEck Asset Management B.V. (the “Management Company”) or, where applicable, from the relevant appointed facility agent for your country. This information is distributed in the UK by VanEck Securities UK Limited (FRN: 1002854), an Appointed Representative of Sturgeon Ventures LLP (FRN: 452811), which is authorised and regulated by the Financial Conduct Authority in the UK. VanEck Securities UK Limited and its associated and affiliated companies (together “VanEck”) assume no liability with regards to any investment, divestment or retention decision on the basis of this information. The views and opinions expressed are those of the author(s) but not necessarily those of VanEck. Opinions are current as of the publication date and are subject to change with market conditions. Information provided by third party sources is believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck Defense UCITS ETF (the “ETF”) is a sub-fund of VanEck UCITS ETFs plc, an open-ended variable capital umbrella investment company with limited liability between sub-funds. The ETF is registered with the Central Bank of Ireland, passively managed and tracks an equity index. Investing in the ETF should be interpreted as acquiring shares of the ETF and not the underlying assets. The MarketVector™ Global Defense Industry Index is the exclusive property of MarketVector Indexes GmbH (a wholly owned subsidiary of Van Eck Associates Corporation), which has contracted with Solactive AG to maintain and calculate the Index. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards MarketVector Indexes GmbH (“MarketVector”), Solactive AG has no obligation to point out errors in the Index to third parties. VanEck’s ETF is not sponsored, endorsed, sold or promoted by MarketVector and MarketVector makes no representation regarding the advisability of investing in the ETF. It is not possible to invest directly in an index. Performance quoted represents past performance. Current performance may be lower or higher than average annual returns shown. Performance data for the Irish domiciled ETFs is displayed on a Net Asset Value basis, in Base Currency terms, with net income reinvested, net of fees. Returns may increase or decrease as a result of currency fluctuations. Investors must be aware that, due to market fluctuations and other factors, the performance of the ETFs may vary over time and should consider a medium/long-term perspective when evaluating the performance of ETFs. Investing is subject to risk, including the possible loss of principal. Investors must buy and sell units of the UCITS on the secondary market via an intermediary (e.g. a broker) and cannot usually be sold directly back to the UCITS. Brokerage fees may incur. The buying price may exceed, or the selling price may be lower than the current net asset value. The indicative net asset value (iNAV) of the UCITS is available on Bloomberg. The Management Company may terminate the marketing of the UCITS in one or more jurisdictions. The summary of the investor rights is available in English at: complaints-procedure.pdf (vaneck.com). For any unfamiliar technical terms, please refer to ETF Glossary | VanEck. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of VanEck. © VanEck Securities UK Limited