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 Preferred Shares UCITS ETF Acc PRAC Fund objective Investment risks The Invesco Preferred Shares UCITS ETF Acc aims to trackFor complete information on risks, refer to the legal documents. The value of investments, and any income from them, will the net total return performance of the ICE BofA Diversifiedfluctuate. This may partly be the result of changes in exchange rates. Investors may not get back the full amount invested. The Core Plus Fixed Rate Preferred Securities Index, less fees. Fund may be exposed to the risk of the borrower defaulting on its obligation to return the securities at the end of the loan period and of being unable to sell the collateral provided to it if the borrower defaults. The Fund might be concentrated in a specific region An investment in this fund is an acquisition of units in a or sector or be exposed to a limited number of positions, which might result in greater fluctuations in the value of the Fund than for passively managed, index tracking fund rather than in a fund that is more diversified. The value of equities and equity-related securities can be affected by a number of factors including the underlying assets owned by the fund.the activities and results of the issuer and general and regional economic and market conditions. This may result in fluctuations in the value of the Fund. ETF information About the index Fund launch date28 September 2017 The ICE BofA Diversified Core Plus Fixed Rate Preferred Securities Index tracks the performance of fixed rate US dollar Share class launch date 07 December 2018 denominated preferred securities issued in the US domestic market. Index constituents are capitalisation weighted subject to a Ongoing charge 1 0.50% p.a. 10% issuer cap. Securities must be rated at least B3 based on an average of three leading ratings agencies: Moody’s, S&P, and Fund base currency USD Fitch, and must have an investment-grade country risk profile. The Fund and the Index are rebalanced and reconstituted on a Share class currencyUSD monthly basis. Currency hedged NoPast performance does not predict future returns. IndexICE BofA Diversified Core Plus Fixed Rate Preferred SecuritiesIndexed performance, % growth since inceptionexcluding Transaction Cost Index  Invesco Preferred Shares UCITS ETF Acc(USD  ICE BofA Diversified Core Plus Fixed Rate Preferred Securities excluding Transaction Cost Index (USD Index currency USD 30 Index Bloomberg tickerPCDP Replication method Physical UCITS compliant Yes 20 Umbrella fund Invesco Markets II plc Investment managerInvesco Capital Management LLC Domicile Ireland 10 UK reporting status Yes ISA eligible Yes SIPP eligibleYes Dividend treatmentAccumulating 0 ISIN code IE00BG482169 SEDOL BG48216 Bloomberg ticker PRAC LN-10 Fund size USD 197.35m Dec-18 Nov-19 Sep-20Aug-21 Jun-22May-23 Mar-24 Jan-25 NAV per shareUSD 45.82 Cumulative performance as at 31 January 2025 (%) Shares in issue 1,731,8071Y3Y 5Y 10Y Fund inception SFDR classification Article 6 ETF 2.42 -6.00-2.40 - 14.54 Index1.84 -7.85-5.72 19.28 9.60 Calendar year performance (%) 1 Ongoing charge includes management fee, custody and2024 2023 202220212020 2019 2018 20172016 2015 administration costs but excludes transaction costs. Costs ETF 5.57 8.59 -21.562.626.30 16.40 - - - - may increase or decrease as result of currency and Index 5.01 7.82 -22.131.735.65 15.49 - - - - exchange rate fluctuations. Consult the legal documents for Standardised rolling 12 month performance (%) further information on costs.01.24 01.2301.22 01.21 01.20 01.1901.18 01.17 01.16 01.15 01.25 01.2401.23 01.22 01.21 01.2001.19 01.18 01.17 01.16 ETF 2.42 -1.00-7.30 0.46 3.36 11.30- - - - Index 1.84 -1.69-7.96 -0.43 2.75 10.38- - - - Source: Invesco, Bloomberg L.P., FactSet. ETF performance shown is calculated with reference to the Net Asset Value, inclusive of net reinvested income and net of ongoing charges and portfolio transaction costs, in USD. The figures do not reflect the actual share price, the impact of the bid/offer spread or broker commissions. Returns may increase or decrease as a result of currency fluctuations. ETF NAV performance differs from that of the index due to the ongoing charges and portfolio transaction costs and due to the fact that the ETF does not necessarily always hold all the securities in the index in their respective weighting. This ETF does 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 95.2 Current tax levels and reliefs may change. Depending on individual circumstances, this may affect investment returns.  Bermuda 2.4 UCITS ETF’s units / shares purchased on the secondary market cannot usually be sold directly back to UCITS ETF. Investors must  Canada 1.5 buy and sell units / shares on a secondary market with the assistance of an intermediary (e.g. a stockbroker) and may incur fees  Netherlands 0.8 for doing so. In addition, investors may pay more than the current net asset value when buying units / shares and may receive less  Cayman Islands 0.1 than the current net asset value when selling them.  Puerto Rico 0.1 "BofA Merrill Lynch" and "The BofA Merrill Lynch Diversified Core Plus Fixed Rate Preferred Securities Net Total Return Index" are Source: Invesco, as at 31 Jan 2025 reprinted with permission. ©Copyright 2017 Merrill Lynch, Pierce, Fenner & Smith Incorporated (“BofAML”). All rights reserved. Sector allocation (%)"BofA Merrill Lynch" and "The BofA Merrill Lynch The BofA Merrill Lynch Diversified Core Plus Fixed Rate Preferred Securities Net Total Return Index" (“Index”) are service marks of BofAML and/or its affiliates and have been licensed for use for certain purposes by Invesco (“Adviser”) on behalf of the Invesco Preferred Shares UCITS ETF (“Fund”) that is based on the Index, and is not issued, sponsored, endorsed or promoted by BofAML and/or its affiliates nor is BofAML and/or its affiliates an adviser to the Fund. BofAML and its affiliates make no representation, express or implied, regarding the advisability of investing in the Fund or the Index and do not guarantee the quality, accuracy or completeness of the Index, index values or any index related data included herein, provided herewith or derived therefrom and assume no liability in connection with their use. As the index provider, BofAML is licensing certain trademarks, the Index and trade names which are composed by BofAML. For the full objectives and investment policy please consult the current prospectus. The ESG information is for illustrative purposes only. Providing this information is not indicative of how or whether ESG factors will be integrated into a fund. Unless otherwise stated in the legal offering documents ESG integration does not change a Fund’s investment objective or constrain the Fund’s investable universe.  Financial Institutions 79.0 This material has been communicated by Invesco Investment Management Limited, Ground Floor, 2 Cumberland Place, Fenian  Industrial 10.8 Street, Dublin 2, Ireland.  Utility 9.8 Glossary  Cash and/or Derivatives 0.4 Benchmark:An index against which the ETF is measured, in terms of relative performance, risk and other useful comparisons. Source: Invesco, as at 31 Jan 2025 Distribution Yield: The distribution yield is a measurement of cash flow being paid. It’s the sum of the distributions over 12 months Top exposures (%) (Total holdings: 248) divided by the net asset value (NAV) of the fund. NameWeight ESG: Environmental, Social and Governance, three key factors in measuring sustainability and societal impact of a company. JPMORGAN CHASE & CO USD 25.0000 PFD1.83 ETF: Exchange traded fund. A type of fund that is traded on the stockmarket like ordinary shares. ETFs can be bought and sold JPMORGAN CHASE & CO USD 25.0000 PFD1.66 during trading hours, like ordinary shares, whereas other types of funds are priced once a day only. WELLS FARGO & COMPANY USD 25.0000 1.59 PFD Factors: An investment approach that seeks to identify and invest in securities that display certain quantifiable characteristics. JPMORGAN CHASE & CO USD 25.0000 PFD1.47 Common examples of factors include Value, Quality and Momentum. A factor strategy may seek to target just one factor or JPMORGAN CHASE & CO USD 25.0000 PFD1.45 combine multiple factors. BANK OF AMERICA CORP USD 25.0000 PFD 1.33 Hedged: The intended result of reducing the portfolio's exposure to a specific risk, such as the risk of fluctuations between AT&T INC USD 25.0000 PFD 1.33 currency exchange rates ("currency hedging"). BANK OF AMERICA CORP USD 25.0000 PFD 1.24 ISA: Individual Savings Account. A type of investment account in the UK in which the tax on income is lower than usual, and there AT&T INC USD 25.0000 PFD 1.24 is no tax on profits made from an increase in the value of shares. JPMORGAN CHASE & CO USD 25.0000 PFD1.18 Physical Replication: Physical funds invest directly in constituents of the benchmark index. Source: Invesco, as at 31 Jan 2025 Preferred Securities: Preferred shares securities are hybrid securities with a preferred status within a company’s capital structure. Please see etf.invesco.com for ETP holdings information. They are technically equities but have certain characteristics that make them behave like bonds. Holdings are subject to change. 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. 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.