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. Terms not defined herein are as defined in the Prospectus. SPDR Bloomberg Emerging Markets Local Bond UCITS ETF (the "Fund"), a sub-fund of SSGA SPDR ETFs Europe I plc (a UCITS compliant Exchange Traded Fund). This Fund is managed by State Street Global Advisors Europe Limited. Share Class: SPDR Bloomberg Emerging Markets Local Bond USD Base CCY Hdg to EUR UCITS ETF (Acc) (ISIN IE00BK8JH525) Objectives and Investment Policy Investment Objective The objective of the Fund is to track the performance Save in exceptional circumstances, the Fund will generally only issue and of the debt markets in emerging market countries for liquid local currency redeem shares to certain institutional investors. However, shares of the Fund securities. may be purchased or sold through brokers on one or more stock exchanges. Investment Policy The Fund seeks to track the performance of the The Fund trades on these stock exchanges at market prices which may Bloomberg Emerging Markets Local Currency Liquid Government Bond Index fluctuate throughout the day. Market prices may be greater or less than the unhedged USD base hedged into EUR (the "Index") as closely as possible. daily net asset value of the Fund. The Fund is an index tracking fund (also known as a passively managedThe Fund's maximum exposure to securities lending as a percentage of its fund). Net Asset Value will not exceed 70%. The Fund invests primarily in securities included in the Index. These includeShareholders may redeem shares on any UK business day (other than days bonds issued by governments in emerging market countries. These securities on which relevant financial markets are closed for business and/or the day may have fixed or floating interest rates and may be rated investment grade preceding any such day provided that a list of such closed market days will be (high quality) or below investment grade. As it may be difficult to purchase all published for the Fund on www.ssga.com); and any other day at the securities in the Index efficiently, in seeking to track the performance of the Directors' discretion (acting reasonably) provided Shareholders are notified in Index the Fund will use a stratified sampling strategy to build a representative advance of any such days. portfolio. Consequently, the Fund will typically hold only a subset of the Any income earned by the Fund will be retained and reflected in an increase securities included in the Index.in the value of the shares. This EUR Hedged Class is made available to reduce exchange rate The Shares of the EUR Class are issued in Euro. fluctuations between the currency of this Share Class and the currency inPlease refer to the Prospectus for more information. which the underlying assets of the Fund are denominated. The Share Class will be hedged back to EUR and consequently should more closely track theIndex Source: Bloomberg Index Services Limited. BLOOMBERG® is a corresponding hedged version of the Index (Bloomberg Emerging Marketstrademark and service mark of Bloomberg Finance L.P. and its affiliates Local Currency Liquid Government Bond Index unhedged USD base hedged (collectively "Bloomberg"). Bloomberg or Bloomberg's licensors own all into EUR). proprietary rights in the Bloomberg Indices. Neither Bloomberg nor Bloomberg's licensors approves or endorses this material, or guarantees the The Fund may use financial derivative instruments (that is, financial contracts accuracy or completeness of any information herein, or makes any warranty, whose prices are dependent on one or more underlying assets) in order to express or implied, as to the results to be obtained therefrom and, to the manage the portfolio efficiently.maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith. Risk and Reward Profile market, social, regulatory and/or economic instabilities in emerging market Lower risk Higher risk countries may reduce the value of the Fund's investments. Potentially lower reward Potentially higher reward Index Tracking Risk: The Fund's performance may not exactly track the Index. This can result from market fluctuations, changes in the composition of the Index, transaction costs, the costs of making changes to the Fund's 1 2 3 4 5 6 7portfolio and other Fund expenses. Duration / Interest Rate Risk: Changes in interest rates are likely to affect Risk Disclaimer The risk category above is not a measure of capital loss or the value of debt instruments in which this Fund invests. A change in interest gains but of how significant the rises and falls in the Fund's return have been rates could have a substantial and immediate negative effect on the values of historically. the Fund's investments. For example a fund whose return has experienced significant rises and falls Liquidity Risk & ETF Liquidity Risk: Lack of a ready market or resale will be in a higher risk category, whereas a fund whose return has restrictions may limit the Fund's ability to sell a security at an advantageous experienced less significant rises and falls will be in a lower risk category. time or price or at all. Illiquid securities may trade at a discount and may The lowest category (i.e., category 1) does not mean that a fund is a risk free affect the ability to meet redemptions on a timely basis. Where the Fund investment. invests in illiquid securities or does not trade in large volumes, the bid offer As the Fund's risk category has been calculated using historical simulated spreads may widen, the Fund may be exposed to increased valuation risk proxy data, it may not be a reliable indication of the Fund's future risk profile. and reduced ability to trade. Shares in the Fund may also trade at prices materially different to the last available NAV. The Fund's risk category shown is not guaranteed and may change in the future. Share Class Risk: Gains/losses on and the costs of currency hedging strategies are intended to accrue solely to the relevant Class. However as Why is this Fund in this category? The Fund is in risk category 4 as its Share Classes are not segregated the transactions could potentially result in return has experienced medium rises and falls historically. liabilities for other Classes. The following are material risks relevant to the Fund which are not adequately Lower Rated Securities Risk: Lower-quality debt securities can involve a captured by the risk category. substantially greater risk of default, illiquidity and volatility than higher quality Concentration Risk: When the Fund focuses its investments in a particulardebt securities. Their value may decline significantly over short periods and way, the issues affecting the investments will have a greater effect than if the they tend to be more sensitive to adverse news about the issuer, the market Fund was more diversified. This concentration may also limit the Fund's or the economy in general. liquidity. PRC Investments Risk: In addition to the risks of investing in emerging Emerging Market Risk: The Fund invests in securities issued by companies markets, risks of investing in PRC Investments include, among others, trading and/or governments and government agencies in emerging markets. Political, suspensions, currency transfer/exposure restrictions, cancellation or amendments of instructions, limits on holdings of PRC Investments and use Key Investor Information of brokers, untested concepts regarding new treatment of beneficialsegregation of assets from those of other intermediaries under the relevant ownership, reliance on Access Programmes which may be discontinued or Access Programmes and the relevant Sub-Custodians and tax uncertainty. substantially changed, technology system risks and controls risks associated Please refer to the Prospectus for full details about the risks associated with with such Access Programmes; custody risks including a lack of sufficient this Fund. Charges The charges you pay are used to pay the cost of running the Fund, includingThe entry and exit charges shown are maximum figures. In some cases, you the costs of marketing and distributing it. These charges reduce the potential might pay less – you can find this out from your financial advisor or distributor. growth of your investment. Entry and exit charges are not applicable to investors buying/selling shares ofthe Fund on stock exchanges, but these investors will do so at market prices One-off charges taken before or after you invest and may be subject to broker fees and/or other charges. Entry charge noneThe ongoing charges figure shown here is based on expenses for the yearending December 2024. It excludes: Exit charge noneb Portfolio transaction costs, except in the case of an entry/exit charge paid This is the maximum that might be taken out of your money before it isby the Fund when buying or selling units in another fund invested (entry charge) or before the proceeds of your investment are For more information about charges please refer to the "Fees and Expenses" paid out (exit charge). section of the prospectus and the Fund supplement. Charges taken from the Fund over a year Ongoing charge0.60% Charges taken from the Fund under certain specific conditions Performance fee nonePast Performance percentPast performance is not a guide to future results. 10The past performance shown here takes account of all charges and costs. 5 The entry/exit charges are excluded from the calculation of past performance.The Fund was launched in May 2011. 0 The Class EUR Hedged Shares were launched in November 2019.-5 Past performance has been calculated in Euro and is expressed as apercentage change in the Fund's net asset value at each year end. -10-15 2015 2016 2017 2018 2019 20202021 20222023 2024 1.9-9.6 -13.27.4 -5.0-6.0-8.9 -12.88.4 -4.1 Q SPDR Bloomberg Emerging Markets Local Bond USD Base CCY Hdg to EUR UCITS ETF (Acc) (IE00BK8JH525) Q Bloomberg Barclays Emerging Markets Local Currency Liquid Government Bond Index unhedged USD base hedged into EURPractical Information Depositary State Street Custodial Services (Ireland) Limited. impact on your investments. For further details, you should consult a tax Further Information Copies of the prospectus, its supplements, details of the advisor. Fund's portfolio and the latest annual and semi-annual reports preparedLiability Statement State Street Global Advisors Europe Limited may be for SSGA SPDR ETFs Europe I plc may be obtained, free of charge, from the held liable for any statement contained in this document that is misleading, Administrator or online at www.ssga.com. These documents are available in inaccurate or inconsistent with the relevant parts of the Prospectus. English. Switching between Sub-Funds Shareholders have no specific right to Remuneration Policy Details of the up to date remuneration policy of SSGA convert shares of the Fund into shares of another sub-fund of SSGA SPDR SPDR ETFs Europe I plc are available from www.ssga.com. Paper copies ETFs Europe I plc. Conversion can only be effected by the investor selling/ are available free of charge on request. redeeming the shares of the Fund and buying/subscribing shares of another Net Asset Valuation Publication The net asset value and indicative net sub-fund of SSGA SPDR ETFs Europe I plc. Detailed information on how to asset value per share is available at www.ssga.com and at the registered switch between sub-funds is provided in the "Purchase and Sale Information - office of the company. Additionally the indicative net asset value is availableConversions" section of the prospectus. via Bloomberg, Telekurs and Reuters terminals. Segregation of Assets and Liabilities SSGA SPDR ETFs Europe I plc has Tax Legislation The Fund is subject to the tax laws and regulations of segregated liability between its sub-funds. As a consequence, the assets of Ireland. Depending on your own country of residence this might have an the Fund should not be available to pay the debts of any other sub-fund ofSSGA SPDR ETFs Europe I plc. This Fund is authorised in Ireland and regulated by the Central Bank of Ireland. State Street Global Advisors Europe Limited is a Company approved by the Central Bank of Ireland, under no. 49934. This key investor information is accurate as at 10 February 2025.