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 the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. WisdomTree AT1 CoCo Bond UCITS ETF - USD HedgedISIN: IE00BFNNN012 a share class of WisdomTree AT1 CoCo Bond UCITS ETF (the “Fund”) which is a sub-fund of WisdomTree Issuer ICAV. Managed by WisdomTree Management Limited. Objectives and Investment Policy • The Fund seeks to track the price and yield performance, before fees and expenses of the iBoxx Contingent Convertible Liquid Developed Europe AT1 Index (the “Index”). • Contingent convertible bonds (“CoCos”) are a form of hybrid debt security that are intended to either convert into equity or have their principal partially or completely written off or written off with the option of revaluation under certain circumstances. CoCos, like subordinated bonds, serve to absorb the issuer’s capital losses before other higher-ranking liabilities. • The Index is designed to reflect the performance of the Additional Tier 1 (“AT1”) CoCos denominated in EUR, USD and GBP issued by financial institutions from European developed markets. AT1 follows the classification of bank capital laid out in Basel III principles. The Index rules aim to offer a good coverage of the CoCo bond universe whilst upholding standards of investability and liquidity. The Index excludes bond issuers based on environmental, social and governance (“ESG”) criteria. • The Fund will employ a “passive management” (or indexing) investment approach and will invest in a portfolio of CoCos that, so far as possible and practicable, consists of a representative sample of the component securities of the Index. While the Fund will seek to invest all, or substantially all, of its assets in all the constituents of the Index, the use of a representative sampling strategy means that the Fund may invest in a sample of Index constituents whose risk, return and other characteristics closely resemble the risk, return and other characteristics of the Index as a whole. • The Fund may from time to time use instruments which are not constituents of the Index, including money market instruments (such as short dated government bonds), bond or bond-related securities (for example, AT1 CoCos which are not constituents of the Index, convertible bonds, hybrid bonds and subordinated debt securities), equity or equity-related securities listed or traded on a regulated market (such as common or preferred shares and depositary receipts) as well as open-ended collective investment undertakings. • The share class seeks to deliver exposure to the Index while at the same time neutralising exposure to fluctuations of the underlying portfolio currencies relative to the US Dollar by implementing a hedging methodology used in the Hedged Index. • The currency hedging methodology consists of entering into forward exchange contracts (contracts between two parties to buy or sell a specific currency in the future at an agreed upon exchange rate) in order to hedge the underlying portfolio currency exposures arising as a result of the difference between the underlying portfolio currencies and the US Dollar. • The Fund may enter into repurchase/reverse repurchase agreements and stock lending arrangements solely for the purposes of efficient portfolio management, subject to the conditions and within the limits set out in the prospectus for WisdomTree Issuer ICAV (the “Prospectus”). • Shares of the Fund (“Shares”) are listed on one or more stock exchanges. Typically, only Authorised Participants (i.e. brokers) can purchase Shares from or sell Shares back to the Fund. Other investors can purchase and sell Shares on exchange on each day the relevant stock exchange is open. • Distribution policy: Income received by the Fund’s investments will normally be distributed quarterly in respect of the Shares of this class. • Recommendation: This Fund may not be appropriate for short-term investment. • Currency: The base currency of the Fund is US Dollar. The currency of denomination of this share class is US Dollar. • For full investment objectives and policy details, please refer to the supplement to the Prospectus for the Fund (the “Supplement”). Risk and Reward Profile Lower Risk Higher Risk •Risks not covered by the indicator, but which are materially relevant to the Potentially lower rewards Potentially higher rewards Fund include:o CoCo were designated to meet specific regulatory requirementsimposed on banking institutions. In particular, CoCos can beconverted into equity of the issuing banking institution or have their 1 2 3 4 5 6 7 principal written down if their regulatory capital ratio falls below apre-determined level or when the relevant regulatory authority •The categorisation above is not guaranteed to remain unchanged and maydeems the banking institution being non-viable. In addition, these shift over time. hybrid debt instruments have no stated maturity and fully •The lowest category (1) does not imply a risk-free investment.discretionary coupons. This means coupons can potentially be •The risk indicator was calculated using simulated historical data and may not cancelled at the banking institution’s discretion or at the request of reliably indicate the Fund’s future risk profile. the relevant regulatory authority in order to help the bank absorb •The SRRI categorisation above (4) is due to the nature of the Fund’s losses. investments and risk associated with these investments, including:o CoCos are relatively new and complex instruments, and the oThe value of underlying securities can be affected by daily financialbehaviour and liquidity of the CoCo market under a stressed financial market movements. Other influential factors include political, environment is yet untested. economic news, company earnings and significant corporate events.o Investors in CoCos may suffer a loss of capital when equity holders oThere is no assurance that any appreciation in the value of do not, for example, when loss absorption mechanism of a high investments will occur, or that the investment objective of the Fund trigger / write down of a CoCo is activated. will be achieved.o Tracking error risk: The Fund's performance may not exactly track the oInvestment risk is concentrated in the European banking sector and Index. This can result from market fluctuations, changes in the may be further concentrated in certain countries, currencies or composition of the Index, transaction costs, the costs of making companies. This means the Fund is more sensitive to localisedchanges to the Fund's portfolio and other Fund expenses. economic, market, political or regulatory events.o There can be no certainty that Shares can always be bought or sold oInterest rate Risk. When interest rates rise, a bond value will on a stock exchange or that the market price will reflect the NAV of generally fall. This risk will generally increase the longer the maturitythe Fund. of the bond. When interest rates rise, the market value of the Fund’so It may be difficult for the Fund to buy or sell certain investments in CoCos can be expected to decline.some market conditions. Consequently, the price obtained when the oCurrency Risk: The Fund invests in securities denominated in Fund buys or sells securities may compare adversely to the price currencies other than its base currency. Changes in the exchange under normal market conditions. rates may adversely affect the performance of the Fund. o Counterparty risk: The Fund is subject to the risk that third partieswith which the Fund may transact and who may provide servicessuch as the safekeeping of assets may go bankrupt or fail to paymoney due to the Fund or return property belonging to the Fund.o Operational risk: There is a risk of default or error within thedifferent service providers involved in managing and servicing theFund, and valuing the portfolio.o Hedging risk: The Fund's hedging methodology is designed tominimise the impact of currency fluctuations on hedged share classreturns. The return of the forward currency contracts may notperfectly offset the actual fluctuations between the underlyingportfolio currencies and the hedged share class currency. •For a complete overview of all risks attached to this Fund, refer to thesection entitled “Risk Factors” in the Supplement and the Prospectus. Key Investor Information Charges * These are the maximum fees and charges which are currently payable by The charges you pay are used to pay the costs of running the Fund, including the authorised participants dealing directly with WisdomTree Issuer ICAV. The Fund has costs of marketing and distributing it. These charges reduce the potential growth of the right to charge authorised participants an entry charge up to a maximum of 3% your investment. and an exit charge up to a maximum of 3%. The Fund is currently not exercising its entitlement to apply entry and exit charges. One-off charges taken before or after you invest *Entry and exit charges are not applicable to secondary market investors. As the Entry chargeNone*Fund is an ETF, secondary market investors will not typically be able to deal directly with WisdomTree Issuer ICAV. Investors buying Shares on exchange will do so at Exit charge None* market prices which will reflect broker fees and/or other charges. * Authorised participants dealing directly with the Fund will pay related transaction Charges taken from the Fund over a year costs. Ongoing charges 0.39%** * For authorised participants dealing directly with the Fund, switching between sub- funds may incur a maximum switching charge of 3%. The Fund is currently not Charges taken from the Fund under certain specific conditionsexercising its entitlement to apply switching charges. Performance feeNone ** The ongoing charges may vary year on year. It excludes portfolio transaction costs, except in the case of an entry/exit charge paid by the Fund when buying or selling units in another investment fund. Please see "Fees and Expenses" section of the Prospectus and "Fees" and "Share Dealing" ("Subscriptions following the initial offer period" and "Redemptions" sub- sections) sections of the Supplement for further information about charges. Past PerformanceHistorical Performance25.0 •Historical performance is not an indication of future Percentage20.0 performance and any investments may go down in value.15.0 •The chart shows the share class’ annual performance as10.0 of 31/12/2025 calculated in US Dollar 5.0 •The Fund was launched in 2018 0.0 •Share class launch date: 21/08/2018-5.0 •Performance is shown after deduction of the ongoing -10.0 charges. It excludes entry and exit fees. -15.0 •*Index Name: iBoxx Contingent Convertible Liquid18 19 20 21 2223 2425 Developed Europe AT1 Index (USD Hedged) share class-2.3 19.06.9 4.9 -10.5 4.5 11.7 10.6 *Index -2.2 19.58.1 5.2-9.5 4.9 12.3 11.1 share class*Index Source: WisdomTree Practical Information Depositary: The Bank of New York Mellon SA/NV, Dublin Branch. Switching: Switching of Shares between sub-funds of WisdomTree Issuer ICAV isnot possible for investors who purchase shares on exchange. Switching may be Administrator: BNY Mellon Fund Services (Ireland) Designated Activity Company. available to authorised participants who deal directly with the Fund. Further information: Copies of the Prospectus documentation and the latest Segregated liability: The Fund is a sub-fund of WisdomTree Issuer ICAV, an financial statements are available free of charge, in English, from theumbrella Irish collective asset-management vehicle. Under Irish law Administrator. The Prospectus and financial statements are prepared forthe assets and liabilities of the Fund are segregated from other sub-funds within WisdomTree Issuer ICAV rather than separately for the Fund. Further informationWisdomTree Issuer ICAV and the assets of the Fund will not be available to satisfy about the Fund can be obtained on www.wisdomtree.eu. the liabilities of another sub-fund of WisdomTree Issuer ICAV. Remuneration Policy: Details of WisdomTree Management Limited's remuneration Taxation: WisdomTree Issuer ICAV is resident in Ireland for taxation purposes. Irish policy, including a description of how remuneration and benefits are calculated andtaxation legislation may impact on the personal tax position of an investor. the identities of the persons responsible for awarding such remuneration/benefits, can be accessed from the following website: www.wisdomtree.eu. A paper copy of Liability statement: WisdomTree Management Limited may be held liable solely these policy details is also available free of charge from WisdomTree Management on the basis of any statement contained in this document that is misleading, Limited upon request. inaccurate or inconsistent with the relevant parts of the Prospectus Pricing information: The net asset value of the share class will be available during normal business hours every business day at the office of the Administrator and will be published daily on www.wisdomtree.eu This Fund is authorised in Ireland and regulated by the Central Bank of Ireland. WisdomTree Management Limited is authorised in Ireland and regulated by the Central Bank of Ireland. This key investor information is accurate as at 18 February 2026.