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. RIZE ENVIRONMENTAL IMPACT 100 UCITS ETF: USD Accumulating ETF ARK Invest UCITS ICAV (the "ICAV") ISIN: IE00BLRPRR04 The Fund is a sub-fund of ARK Invest UCITS ICAV (the "ICAV"). Managed by IQ EQ Fund Management (Ireland) Limited (the "Manager") of the IQ EQ group of companies Objectives and Investment Policy FUND. The Rize Environmental Impact 100 UCITS ETF (the "Fund") is a TRACKING METHOD. The Fund will primarily invest in the companies passively managed exchange traded fund ("ETF") that aims to replicatecontained in the Index in similar proportions to their weightings in the the performance of the Foxberry SMS Environmental Impact 100 USD Index. The Fund may also invest in (1) Depositary receipts relating to the Net Total Return Index (the "Index") while positively impacting climatic companies contained in the Index and (2) financial derivative instruments and environmental challenges.(“FDIs”) which are investments the prices of which are based on the INDEX. The Index is designed to provide exposure to global publicly- companies contained in the Index. traded companies that are developing and applying innovative and DIVIDEND POLICY. This Share Class does not intend to pay dividends. impactful solutions to tackle the world’s most pressing climatic and Any income which may result from the Fund’s investments will be re- environmental challenges. The taxonomy employed by the Index has invested into the Fund. been designed to be specifically-aligned to the six environmentalDEALING. Shares in this Share Class (the “Shares”) are denominated in objectives set out in the EU Sustainable Finance Taxonomy: (1) Climate USD and can be bought and sold on stock exchanges by ordinary change mitigation; (2) Climate change adaption; (3) The sustainable use investors using an intermediary (e.g. a stockbroker). In normal and protection of water and marine resources; (4) The transition to acircumstances, only Authorised Participants may buy and sell Shares circular economy; (5) Pollution prevention and control; and (6) The directly with the ICAV. Authorised Participants may redeem their Shares protection and restoration of biodiversity and ecosystems. on demand in accordance with the “Dealing Timetable” published on The Index shall be rebalanced on a semi-annual basis. Please refer tohttp://www.rizeetf.com the “The Index” section of the Fund Supplement for further detail Risk and Reward Profile Lower risk Higher risk Some companies may be smaller and less experienced companies, with limited product lines, markets or financial resources and fewer experienced management or marketing personnel. They may experience Potentially lower reward Potentially higher reward extreme price and volume fluctuations that are often unrelated to their operating performance. 1 2 3 4 5 6 7 The Index is typically comprised of a mix of micro, small, mid and large capitalisation companies. Micro and small capitalisation companies may • Historical data may not be a reliable indication for the future. be more vulnerable to adverse business or economic events than larger, • The risk category shown is not guaranteed and may shift over time. more established companies and may underperform other segments of • The lowest category does not mean 'risk free'. the market or the equity market as a whole. Securities of micro and small capitalisation companies generally trade in lower volumes, are less liquid The Fund is rated 6 due to the nature of its investments and its risks. The and are often more vulnerable to market volatility and greater and more rating is calculated based on historical data and may not be a reliable unpredictable price changes than larger capitalisation stocks or the stock indication of the Fund’s future risk profile. The risk category may shift over market as a whole. time. The lowest category on the above scale does not mean “risk free”. Other: (1) Third party service providers (such as the ICAV’s depositary) The Fund may be subject to the risks associated with companies may go bankrupt and fail to pay money due to the Fund or return property operating in the renewable energy sectors including, but not limited to, belonging to the Fund. (2) If the Index provider stops calculating the Index fluctuating energy prices which impact upon company revenues, weatheror if the Fund’s license to replicate the Index is terminated, the Fund may fluctuations that impact the ability to generate electricity, the risk that have to be closed. (3) It may not always be possible to buy and sell the existing regulatory frameworks (the benefits of which might include Fund’s Shares on a stock exchange or at prices closely reflecting the Net commitments to pay premium prices, priority access to electricity grids, Asset Value. (4) There is no capital guarantee or protection on the value support for the necessary infrastructure investments and guarantees of of the Fund and investors can lose all the capital invested in the Fund. (5) purchases of renewable energy output) become less supportive and the Please refer to the “Risk Factors” section of the ICAV’s Prospectus and cost of producing renewable energy which can be high relative to the Fund Supplement. conventional energy sources / technologies (which pose a risk to the long term economic viability of renewable energy ventures).Key Investor Information | 1 of 2 Charges The charges you pay are used to pay the costs of running the Fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment.One-off charges taken before or after you invest *Authorised Participants dealing directly with the ICAV will pay dealing-related transaction costs. Entry charge No charge Investors who buy and sell Shares on stock exchanges are not charged entry or exit charges by the ICAV but may be charged Exit charge No charge dealing costs and fees by their stockbroker. Please consult your Charges taken from the Fund over a year stockbroker and/or investment adviser for details of such fees. The ongoing charges figure is based on expenses for the financial Ongoing charges 0.55% year ending July 2024. Ongoing charges figure excludes portfolio transaction costs (except for transaction costs paid to the Depositary, Charges taken from the Fund under certain specific conditions which are included). Performance fee No charge For more information about charges, please see the “Fees, Costs and Expenses” and "Subscriptions and Redemptions" sections of the ICAV’s Prospectus and the "Fees and Expenses" and “Dealing in Shares of the Fund” sections of the Fund Supplement which are available at: http://www.rizeetf.com Past Performance 25 • The Fund has been in existence since July 2021. This Share Class 20 has been in existence since July 2021. 15 • Past performance is not an indication of future performance. 10 • Past performance is calculated in USD.5 • The performance figures include all ongoing charges and exclude any % 0 entry charges or exit charges. -5 -10 -15 -20 -25 2020202120222023 2024 Fund -21.44 15.54 -3.76 Index -21.03 13.6 -3.26Practical Information • Fund Depositary: Northern Trust Fiduciary Services (Ireland) Limited. • The ICAV is resident in Ireland for taxation purposes. This may have an impact on your personal tax position. Please consult your investmentor tax adviser for advice on your own tax liabilities. • The Manager may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistentwith the relevant parts of the ICAV’s Prospectus. • Switching of shares between this Share Class and other share classes of the Fund and/or other sub-funds of the ICAV is not permitted. • The Fund is one of a number of sub-funds of the ICAV. The assets and liabilities of each sub-fund are segregated from each other by Irishlaw. Although the rights of investors and creditors are normally limited to the assets of each sub-fund, the ICAV is a single legal entity thatmay operate in jurisdictions which may not recognise such segregation. • Further information about the Fund and the Share Class can be obtained from the ICAV’s Prospectus and Fund Supplement and the annualand interim financial statements (that are prepared for the ICAV as a whole), which are available in English and certain other languages, inaddition to the latest available Net Asset Value for the Share Class and details of the Fund’s portfolio, at: http://www.rizeetf.com • Details of the Manager’s up­to­date policy in respect of remuneration, including a description of how remuneration and benefits are calculatedand the identities of the persons responsible for awarding same can be accessed from the following website: www.iqeq.com/policy-documents • An indicative intra-day net asset value (“iNAV”) for the Share Class will be available at: http://www.rizeetf.com The ICAV is authorised in Ireland and regulated by the Central Bank of Ireland. The Manager is authorised in Ireland and regulated by the Central Bank of Ireland. This Key Investor Information is accurate as at 19 February 2025. Key Investor Information | 2 of 2