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 Communications S&P US Select Sector UCITS ETF Acc XLCS Fund objective Investment risks The Invesco Communications S&P US Select Sector UCITS For complete information on risks, refer to the legal documents. The value of investments, and any income from them, will ETF Acc aims to track the net total return performance of fluctuate. This may partly be the result of changes in exchange rates. Investors may not get back the full amount invested. The the S&P Select Sector Capped 20% Communications Fund’s ability to track the benchmark’s performance is reliant on the counterparties to continuously deliver the performance of the Services Index, less fees. benchmark in line with the swap agreements and would also be affected by any spread between the pricing of the swaps and the pricing of the benchmark. The insolvency of any institutions providing services such as safekeeping of assets or acting as An investment in this fund is an acquisition of units in a counterparty to derivatives or other instruments, may expose the Fund to financial loss. The Fund might be concentrated in a passively managed, index tracking fund rather than in specific region or sector or be exposed to a limited number of positions, which might result in greater fluctuations in the value of the the underlying assets owned by the fund.Fund than for a fund that is more diversified. The value of equities and equity-related securities can be affected by a number of factors including the activities and results of the issuer and general and regional economic and market conditions. This may result ETF information in fluctuations in the value of the Fund. The fund might purchase securities that are not contained in the reference index and will enter into swap agreements to exchange the performance of those securities for the performance of the reference index. Fund launch date 14 September 2018 Share class launch date14 September 2018About the index Ongoing charge 1 0.14% p.a. The S&P Select Sector Capped 20% Communications Services Index is a financial index providing exposure to the Swap fee 1 0.00% p.a. communications sector of the S&P 500 Index. Constituents are weighted by free float market capitalisation, and capped at a Fund base currency USD maximum of 19%. Share class currencyUSD Past performance does not predict future returns. Currency hedged No Index S&P Select Sector Capped 20% Indexed performance, % growth since inception Communication Services Index  Invesco Communications S&P US Select Sector UCITS ETF Acc (USD)  S&P Select Sector Capped 20% Communication Services Index (USD) Index currency USD 120 Index Bloomberg ticker SPSUCSUN Replication method Synthetic UCITS compliant Yes 80 Umbrella fund Invesco Markets plc Investment manager Assenagon Asset Management S.A. 40 Custodian Northern Trust Fiduciary Services(Ireland) Limited Domicile Ireland UK reporting status Yes 0 ISA eligible Yes SIPP eligibleYes Dividend treatmentAccumulating-40 ISIN code IE00BG7PP820 Sep-18 Aug-19 Jul-20Jun-21 May-22 Apr-23 Mar-24 Jan-25 SEDOL BFNRKT1 Cumulative performance as at 31 January 2025 (%) Bloomberg ticker XLCS LN1Y 3Y5Y 10Y Fund inception Fund size USD 198.60m ETF 37.5244.12 84.17 - 114.79 NAV per shareUSD 89.14 Index 37.3943.76 83.51 - 113.70 Shares in issue 2,227,913 SFDR classification Article 6 Calendar year performance (%) 2024 2023 2022 202120202019 2018 20172016 2015 ETF 37.66 50.50-38.72 11.32 22.19 33.00 - - -- Index 37.52 50.37-38.76 11.28 22.10 32.87 - - -- 1 Ongoing charge includes management fee, custody and Standardised rolling 12 month performance (%) administration costs but excludes transaction costs. The 01.24 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 currency ETF 37.52 39.20 -24.72 6.95 19.49 20.13- - - - and exchange rate fluctuations. Consult the legal Index37.39 39.08 -24.77 6.91 19.41 20.02- - - - documents for further information on costs. 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 100.0 Current tax levels and reliefs may change. Depending on individual circumstances, this may affect investment returns. Source: Invesco, as at 31 Dec 2024 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 S&P® Select Sector Capped 20% Communications Services Index is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by Invesco. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Invesco. Invesco Communications S&P US Select Sector UCITS ETF is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P® Select Sector Capped 20% Communications Services Index. For the full objectives and investment policy please consult the current prospectus.  Communication 100.0 The ESG information is for illustrative purposes only. Providing this information is not indicative of how or whether ESG factors willservices 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. Source: Invesco, as at 31 Dec 2024 This material has been communicated by Invesco Investment Management Limited, Ground Floor, 2 Cumberland Place, Fenian Index components data is delayed and/or limited due to Street, Dublin 2, Ireland. licensing restrictions applied by the index provider. Glossary Top exposures (%)Benchmark:An index against which the ETF is measured, in terms of relative performance, risk and other useful comparisons. Name Weight Derivative: Derivatives are financial instruments whose prices are driven by the price shifts or price expectations of another META PLATFORMS CL A ORD 20.40financial instrument, which is called the "underlying". Many derivatives are designed to react disproportionately to shifts in the price NETFLIX ORD 17.70of the underlying. Derivatives can be used for both hedging and speculative purposes. The most common derivatives are ALPHABET CL A ORD 10.80certificates, options, futures and swaps. ALPHABET CL C ORD8.80 Distribution Yield: The distribution yield is a measurement of cash flow being paid. It’s the sum of the distributions over 12 months WALT DISNEY ORD 8.70 divided by the net asset value (NAV) of the fund. AT&T ORD 7.20 VERIZON COMMUNICATIONS ORD 7.00ESG: Environmental, Social and Governance, three key factors in measuring sustainability and societal impact of a company. COMCAST CL A ORD 5.40ETF: Exchange traded fund. A type of fund that is traded on the stockmarket like ordinary shares. ETFs can be bought and sold T MOBILE US ORD 4.80during trading hours, like ordinary shares, whereas other types of funds are priced once a day only. CHARTER COMMUNICATIONS CL A ORD 1.40Factors: An investment approach that seeks to identify and invest in securities that display certain quantifiable characteristics. Source: Invesco, as at 31 Jan 2025 Common examples of factors include Value, Quality and Momentum. A factor strategy may seek to target just one factor or combine multiple factors. Please see etf.invesco.com for ETP holdings information. Holdings are subject to change. 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.