KEY INVESTOR INFORMATION This document provides you with key investor information about this Fund. It is not marketing material. The information is required by law to help you understand the nature and risks of investing in this Fund. You are advised to read it so you can make an informed decision about whether to invest.

iShares € High Yield Corp Bond ESG UCITS

GBP Hedged (Acc) Share ClassISIN: IE000YZVB4R7 Exchange Traded Fund (ETF) ETFManager: BlackRock Asset Management Ireland Limited A sub-fund of iShares II plc

Objectives and Investment Policy

The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Funds’

investments, which reflects the return of the Bloomberg Barclays MSCI Euro Corporate High Yield Sustainable BB+ SRI Bond Index, the Fund’s benchmark index

(“Index”) In respect of the Fund and Index, SRI means socially responsible investing.

The Share Class, via the Fund, is passively managed and aims to invest so far as possible and practicable in a portfolio of fixed income (FI) securities (such as bonds)

that make up the Index.

The Index measures the performance of Euro denominated, sub-investment grade, fixed-rate bonds issued by companies that form part of the Bloomberg Barclays Euro

High Yield Index (the "Parent Index") with a remaining maturity (i.e. the time from issue until they become due for repayment) of greater than or equal to one year and a

minimum amount outstanding of €250 million at the Index rebalance date, but only includes bonds issued by companies that meet the index provider’s environmental,

social and governance (“ESG”), SRI and other criteria. Bonds from corporate issuers that are deemed by the index provider to have a risk exposure to an emerging

markets country are excluded. The bonds will have a remaining maturity (i.e. the time from issue until they become due for repayment) of greater than or equal to one

year and a minimum amount outstanding of €250 million at the Index rebalance date. The bonds will be sub-investment grade (which means that at the time of

inclusion in the Index, they have a credit rating of Ba1/BB+/BB+ or below using the middle rating of Moody’s, S&P and Fitch).

The Index applies Bloomberg Barclays MSCI SRI (“SRI”) screen and exclusionary criteria that excludes companies from the Parent Index which are identified by the

index provider as being involved in certain business lines/activities, as outlined in the Index description of the Fund in the Fund’s Prospectus. The Fund will take into

account such ESG/SRI criteria only when selecting the securities to be held directly by the Fund. The Fund may obtain indirect exposure (through, including but not

limited to, financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets) and units in collective investment

schemes) to securities considered not to satisfy these ESG/SRI criteria.

The Index is market capitalisation weighted. Market capitalisation is the market value of the outstanding bond issuance.

The Fund's investment in FI securities that make up the Index will, at the time of purchase, comply with the credit or ESG requirements of the Index. Where securities

no longer meet such requirements, the Fund may continue to hold them until they cease to form part of the Index and it is practicable to sell them.

The Fund uses optimising techniques to achieve a similar return to the Index. These techniques may include the strategic selection of certain securities that make up

the Index or other securities which provide similar performance to certain constituent securities. These may also include the use of FDIs, which may be used for direct

investment purposes.

Recommendation: This Fund is suitable for medium to long term investment, though the Fund may also be suitable for shorter term exposure to the Index.

Your shares will be accumulating shares (i.e. income will be included in their value).

The Fund’s base currency is Euro. Shares for this Share Class are denominated in Sterling. The performance of your shares may be affected by this currency difference.

Your shares will be “hedged” with the aim of reducing the effect of exchange rate fluctuations between their denominated currency and the Fund’s underlying portfolio

currencies. FDIs, including FX forward contracts, will be used for currency hedging purposes. The hedging strategy may not completely eliminate currency risk and,

therefore, may affect the performance of your shares.

The shares are listed on one or more stock exchanges and may be traded in currencies other than their base currency. The performance of your shares may be

affected by this currency difference. In normal circumstances, only authorised participants (e.g. select financial institutions) may deal in shares (or interests in shares)

directly with the Fund. Other investors can deal in shares (or interests in shares) daily through an intermediary on stock exchange (s) on which the shares are traded.

Indicative net asset value is published on relevant stock exchanges websites. For more information on the Fund, Share Class, risks and charges, please see the Fund's prospectus, available on the product pages at www.blackrock.com

Risk and Reward Profile

Lower risk

Higher risk

- Investment risk is concentrated in specific sectors, countries, currencies or

Typically lower rewards Typically higher rewards

companies. This means the Fund is more sensitive to any localised economic, market, political, sustainability-related or regulatory events.

- Non-investment grade fixed income securities are more sensitive to changes in interest rates and present greater ‘Credit Risk’ than higher rated fixed

The risk indicator was calculated incorporating simulated historical data and income securities.

may not be a reliable indication of the future risk profile of the Share Class. - The benchmark index only excludes companies engaging in certain activities

The risk category shown is not guaranteed and may change over time.

inconsistent with ESG criteria if such activities exceed the thresholds

The lowest category does not mean risk free.

determined by the index provider. Such ESG screening may reduce the

The Share Class is rated four due to the nature of its investments which include

potential investment universe and this may adversely affect the value of the

the risks listed below. These factors may impact the value of the Share Class or

Fund’s investments compared to a fund without such screening.

expose the Share Class to losses.

Particular risks not adequately captured by the risk indicator include:

- Credit risk, changes to interest rates and/or issuer defaults will have a - Counterparty Risk: The insolvency of any institutions providing services such significant impact on the performance of fixed income securities. Potential or

as safekeeping of assets or acting as counterparty to derivatives or other actual credit rating downgrades may increase the level of risk. instruments, may expose the Share Class to financial loss.

- Credit Risk: The issuer of a financial asset held within the Fund may not pay income or repay capital to the Fund when due.

- Liquidity Risk: Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily.

The benchmark is the intellectual property of the index provider. The Share Class is not sponsored or endorsed by the index provider. Please refer to the Fund's prospectus for full disclaimer. Charges The charges are used to pay the costs of running the Share Class, including the ** To the extent the Fund undertakes securities lending to reduce costs, the costs of marketing and distributing it. These charges reduce the potential growth ofFund will receive 62.5% of the associated revenue generated and the remaining your investment.37.5% will be received by BlackRock as the securities lending agent. As *Not applicable to secondary market investors. Investors dealing on a stock securities lending revenue sharing does not increase the costs of running the exchange will pay fees charged by their stock brokers. Such charges are publiclyFund, this has been excluded from the ongoing charges. available on exchanges on which the shares are listed and traded, or can be

One-off charges taken before or after you invest obtained from stock brokers.

Entry Charge

None* *Authorised participants dealing directly with the Fund will pay related transaction costs including, on redemptions, any applicable capital gains tax (CGT) and otherExit Charge

None* taxes on underlying securities.

This is the maximum that might be taken out of your money before it is invested or

before proceeds of your investments are paid out. The ongoing charges figure is based on the fixed annualised fee charged to the Share Class in accordance with the Fund’s prospectus. This figure excludes portfolio Charges taken from the Share Class over each year trade related costs, except costs paid to the depositary and any entry/exit charge

Ongoing Charges 0.27%** paid to an underlying collective investment scheme (if any). Charges taken from the Share Class under certain conditions

Performance Fee None

Past Performance Past performance is not a guide to future

Historic performance to 31 December 2024 performance. The chart shows the Share Class's annual performance in GBP for each full calendar year over the period displayed in the chart. It is expressed as a percentage change of the Share Class's net asset value at each year-end. The Fund was launched in 2019. The Share Class was launched in 2023. Performance is shown after deduction of ongoing charges. Any entry/exit charges are excluded from the calculation.

† Benchmark:BBG MSCI Euro Corporate High Yield2020 2021 2022

20232024 Sustainable BB+ SRI Bond Index (EUR) (EUR)Fund

8.5Benchmark †7.0

Practical Information

The depositary of the Fund is The Bank of New York Mellon SA/NV, Dublin Branch.

Further information about the Fund and the Share Class can be obtained from the latest annual report and half-yearly reports of iShares II plc. These documents are

available free of charge in English and certain other languages. These can be found, along with other information, such as details of the key underlying investments of

the Share Class and share prices, on the iShares website at www.ishares.com or by calling +44 (0)845 357 7000 or from your broker or financial adviser.

Investors should note that the tax legislation that applies to the Fund and Share Class may have an impact on the personal tax position of your investment.

The Fund is a sub-fund of iShares II plc, an umbrella structure comprising different sub-funds. The Fund has one or more share classes. This document is specific to

the Fund and Share Class stated at the beginning of this document. However, the prospectus, annual and half-yearly reports are prepared for the umbrella.

iShares II plc 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 Fund's prospectus.

The indicative intra-day net asset value of the Share Class is published on relevant stock exchanges websites.

Under Irish law, iShares II plc has segregated liability between its sub-funds (i.e. the Fund’s assets will not be used to discharge the liabilities of other sub-funds within

iShares II plc). In addition, the Fund's assets are held separately from the assets of other sub-funds. Assets and liabilities specific to a share class would be attributable

to only that share class, however there is no segregation of liabilities between share classes under Irish law.

Switching of shares between the Fund and other sub-funds within iShares II plc is not available to investors. Only Authorised Participants dealing directly with the Fund

may switch shares between share classes of the Fund subject to meeting certain conditions in the Fund's prospectus.

The Remuneration Policy of the Management Company, which describes how remuneration and benefits are determined and awarded, and the associated governance

arrangements, is available at www.blackrock.com/Remunerationpolicy or on request from the registered office of the Management Company. This Fund and its manager, BlackRock Asset Management Ireland Limited, are authorised in Ireland and regulated by the Central Bank of Ireland. This Key Investor Information is accurate as at 27 January 2025