This marketing communication is for consumer use in the UK only. Investors should read the legal documents prior to investing. As of 31 January 2025 Invesco Morningstar US Energy Infrastructure MLP UCITS ETF Dist MLPD Fund objective Investment risks The Invesco Morningstar US Energy Infrastructure MLP For complete information on risks, refer to the legal documents. The value of investments, and any income from them, will UCITS ETF Dist aims to track the total return performance fluctuate. This may partly be the result of changes in exchange rates. Investors may not get back the full amount invested. The of the Morningstar MLP Composite Index, less fees. Fund’s ability to track the benchmark’s performance is reliant on the counterparties to continuously deliver the performance of thebenchmark in line with the swap agreements and would also be affected by any spread between the pricing of the swaps and the An investment in this fund is an acquisition of units in a pricing of the benchmark. The insolvency of any institutions providing services such as safekeeping of assets or acting as passively managed, index tracking fund rather than in counterparty to derivatives or other instruments, may expose the Fund to financial loss. The Fund might be concentrated in a the underlying assets owned by the fund. specific region or sector or be exposed to a limited number of positions, which might result in greater fluctuations in the value of theFund than for a fund that is more diversified. The value of equities and equity-related securities can be affected by a number of ETF informationfactors including the activities and results of the issuer and general and regional economic and market conditions. This may resultin fluctuations in the value of the Fund. The fund might purchase securities that are not contained in the reference index and will Fund launch date 15 May 2013enter into swap agreements to exchange the performance of those securities for the performance of the reference index. Share class launch date 15 May 2013 Ongoing charge 10.50% p.a. About the index Swap fee 1 0.75% p.a. The Morningstar MLP Composite Index is a financial index composed of US publicly traded energy master limited partnerships Fund base currency USD("MLPs"). It targets the top 97% of MLPs by market capitalisation, weighting constituents by their total annual distributions and Share class currencyUSDcapping exposure to individual constituents at 10%. Currency hedged No Past performance does not predict future returns. Index Morningstar MLP Composite Index (USD)Indexed performance, % growth over the last 10 years Index currency USD  Invesco Morningstar US Energy Infrastructure MLP UCITS ETF Dist Index Bloomberg ticker MSMLPCT  Morningstar MLP Composite Index (USD) Replication methodSynthetic 80 UCITS compliant Yes Umbrella fund Invesco Markets plc Investment managerAssenagon Asset Management 40 S.A. CustodianNorthern Trust Fiduciary Services (Ireland) Limited 0 Domicile Ireland UK reporting status Yes ISA eligible Yes SIPP eligibleYes-40 Dividend treatment Distributing Dividend schedule Quarterly ISIN code IE00B8CJW150 -80 SEDOLB6T6TR0 Jan-15Jul-16 Dec-17May-19 Oct-20 Mar-22 Aug-23Jan-25 Bloomberg ticker MLPD LN Cumulative performance as at 31 January 2025 (%) Fund sizeUSD 352.16m 1Y 3Y5Y 10Y Fund inception NAV per share USD 55.23 ETF 26.8184.75111.52 35.45 40.36 Shares in issue 5,418,603 Index 28.4191.81123.80 52.77 61.79 Distribution yield7.61% SFDR classificationArticle 6 Calendar year performance (%) 2024 2023 2022202120202019 2018 2017 20162015ETF 22.97 18.4830.85 38.31 -30.907.86 -14.52 -8.82 27.84 -37.11Index 24.52 20.1032.34 39.84 -30.349.24 -13.48 -7.70 29.57 -36.26 1 Ongoing charge includes management fee, custody andStandardised rolling 12 month performance (%) administration costs but excludes transaction costs. The01.24 01.2301.22 01.21 01.20 01.1901.18 01.17 01.16 01.15 total cost is the sum of the ongoing charge figure and swap 01.25 01.2401.23 01.22 01.21 01.2001.19 01.18 01.17 01.16 fee. Costs may increase or decrease as a result of currencyETF 26.81 16.3925.17 42.96 -19.91 -12.14-9.00 -6.00 50.46 -43.37 and exchange rate fluctuations. Consult the legal Index28.41 17.9826.61 44.53 -19.27 -11.02-7.89 -4.85 52.49 -42.60 documents for further information on costs.Source: Invesco, Bloomberg L.P., FactSet. ETF performance shown is calculated with reference to the Net Asset Value, inclusiveof net reinvested income and net of ongoing charges and portfolio transaction costs, in USD. The figures do not reflect the actualshare price, the impact of the bid/offer spread or broker commissions. Returns may increase or decrease as a result of currencyfluctuations. ETF NAV performance differs from that of the index due to the ongoing charges and portfolio transaction costs anddue to the fact that the ETF does not necessarily always hold all the securities in the index in their respective weighting. This ETFdoes not charge an entry fee. Geographic allocation (%)Important information This marketing communication is for consumer use in the UK only. This document contains information that is for discussion purposes only. For information on our funds and the relevant risks, refer to the Key Information Documents/Key Investor Information Documents (local languages) and Prospectus (English, French, German), and the financial reports, available from www.invesco.eu. A summary of investor rights is available in English from www.invescomanagementcompany.ie. The management company may terminate marketing arrangements. This is marketing material and not financial advice. It is not intended as a recommendation to buy or sell any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. If investors are unsure if this product is suitable for them, they should seek advice from a financial adviser.  United States 100.0 Current tax levels and reliefs may change. Depending on individual circumstances, this may affect investment returns. Source: Invesco, as at 31 Jan 2025 UCITS ETF’s units / shares purchased on the secondary market cannot usually be sold directly back to UCITS ETF. Investors must buy and sell units / shares on a secondary market with the assistance of an intermediary (e.g. a stockbroker) and may incur fees Sector allocation (%)for doing so. In addition, investors may pay more than the current net asset value when buying units / shares and may receive less than the current net asset value when selling them. The Invesco Morningstar US Energy Infrastructure MLP UCITS ETF is not sponsored, endorsed, sold or promoted by Morningstar UK Limited ("Morningstar"). Morningstar makes no representation or warranty, express or implied, to the owners of the Invesco Morningstar US Energy Infrastructure MLP UCITS ETF or any member of the public regarding the advisability of investing in securities generally or in the Invesco Morningstar US Energy Infrastructure MLP UCITS ETF. Morningstar’s only relationship to Invesco Markets plc and Invesco Morningstar US Energy Infrastructure MLP UCITS ETF is the licensing of: (i) certain trade and service marks and names of Morningstar; and (ii) the Invesco Morningstar US Energy Infrastructure MLP UCITS ETF which is determined, composed and calculated by Morningstar without regard to Invesco Markets plc or the Invesco Morningstar US Energy Infrastructure MLP UCITS ETF. Morningstar has no obligation to take the needs of Invesco Markets plc or the Invesco Morningstar US Energy Infrastructure MLP UCITS ETF into consideration in determining, composing or calculating the Invesco Morningstar US Energy Infrastructure MLP UCITS ETF. Morningstar is not responsible for and has not participated in the determination of the  Energy 95.1 prices and amount of the Invesco Morningstar US Energy Infrastructure MLP UCITS ETF or the timing of the issuance or sale of  Utilities4.9 theInvesco Morningstar US Energy Infrastructure MLP UCITS ETF or in the determination or calculation of the equation by which Source: Invesco, as at 31 Jan 2025 the Invesco Morningstar US Energy Infrastructure MLP UCITS ETF is converted into cash. Morningstar has no obligation or liability in connection with the administration, marketing or trading of the Invesco Morningstar US Energy Infrastructure MLP UCITS ETF. Top exposures (%) Name WeightFor the full objectives and investment policy please consult the current prospectus. ENERGY TRANSFER UNT 13.26The ESG information is for illustrative purposes only. Providing this information is not indicative of how or whether ESG factors will ENTERPRISE PRODUCTS PARTNERS UNT10.94be integrated into a fund. Unless otherwise stated in the legal offering documents ESG integration does not change a Fund’s MPLX COM UNT 7.52investment objective or constrain the Fund’s investable universe. PLAINS ALL AMERICAN PIPELINE UNT 6.02This material has been communicated by Invesco Investment Management Limited, Ground Floor, 2 Cumberland Place, Fenian WESTERN MIDSTREAM PARTNERS COM UNT 5.83Street, Dublin 2, Ireland. HESS MIDSTREAM CL A ORD 5.30 Glossary ALLIANCE RESOURCE PARTNERS UNT 5.20 Benchmark:An index against which the ETF is measured, in terms of relative performance, risk and other useful comparisons. SUNOCO UNT 5.19 USA COMPRESSION PARTNERS COM UNT 5.06Derivative: Derivatives are financial instruments whose prices are driven by the price shifts or price expectations of another SUBURBAN PROPANE PARTNERS COM UNT4.88financial instrument, which is called the "underlying". Many derivatives are designed to react disproportionately to shifts in the price of the underlying. Derivatives can be used for both hedging and speculative purposes. The most common derivatives are Source: Invesco, as at 31 Jan 2025 certificates, options, futures and swaps. Please see etf.invesco.com for ETP holdings information. Energy Master Limited Partnerships (MLP’s): Publicly traded entities that are not subject to corporation tax, the structure is Holdings are subject to change. designed to encourage private investment in natural resources. ETF: Exchange traded fund. A type of fund that is traded on the stockmarket like ordinary shares. ETFs can be bought and sold during trading hours, like ordinary shares, whereas other types of funds are priced once a day only. Hedged: The intended result of reducing the portfolio's exposure to a specific risk, such as the risk of fluctuations between currency exchange rates ("currency hedging"). ISA: Individual Savings Account. A type of investment account in the UK in which the tax on income is lower than usual, and there is no tax on profits made from an increase in the value of shares. Replication Method: Strategy employed by the fund to achieve its objective. SIPP: Self-Invested Pension Plan. A type of UK pension for which a person makes their own investment decisions. Swap: A swap is a derivative contract where two parties agree to exchange separate streams of cashflows or returns. Synthetic Replication: Synthetic funds own a diversified portfolio of equities that may differ from the benchmark index. The ETF contracts with one or more banks (each a counterparty), which agree to pay any difference between the portfolio performance and the index performance, less any applicable fees. These contracts are known as swaps. Using swaps ensures accurate index tracking but introduces counterparty risk: if a counterparty failed to pay the index performance due under the swap contract, the ETF would instead rely on the performance of its portfolio of equities, which could be lower than the index performance. An ETF’s exposure to a swap counterparty is limited by the UCITS regulation, and further limited by measures that we impose. UCITS: Undertakings for Collective Investments in Transferable Securities. European regulatory framework for an investment vehicle that can be marketed across the European Union. UK Reporting Status: Indicates whether or not the fund has United Kingdom fund tax status, this can lead to a UK investor receiving favourable tax rates on any gain or disposal of holdings in the fund.