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 risks of investing in this Fund. You are advised to read it so you can make an informed decision about whether to invest.

iShares MSCI Pacific ex-Japan ESG

USD (Acc) Share ClassISIN: IE00BMDBMK72 Exchange Traded Fund (ETF) Enhanced UCITS ETF Manager: BlackRock Asset Management Ireland Limited A sub-fund of iShares III plc

Objectives and Investment Policy

The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund's

investments, which reflects the return of the MSCI Pacific ex-Japan ESG Enhanced Focus CTB Index, the Fund’s benchmark index (Index).

The Share Class, via the Fund is passively managed, and aims to invest so far as possible and practicable in equity securities (e.g. shares) that make up the Index.

The Index measures the performance of a sub-set of equity securities of companies within the MSCI Pacific ex-Japan Index (Parent Index) and excludes companies

from the Parent Index based in the index provider’s environmental, social and governance (“ESG”) exclusionary criteria. The remaining companies are then weighted by

the index provider using an optimisation process which aims to exceed decarbonisation and other minimum standards for an EU Climate Transition Benchmark (as

further described in the Fund’s prospectus) and maximise exposure to issuers with higher ESG ratings, while targeting a similar risk profile and capping the tracking

error of the Index, each in relation to the Parent Index.

Companies may be excluded from the Parent Index if they are involved with controversial, conventional, and nuclear weapons, civilian firearms, thermal coal, tobacco,

or unconventional oil and gas. Companies that are classified as violating the United Nations Global Compact principles, have a ‘Red’ MSCI ESG Controversies score, or

have not been assessed by the index provider for an ESG controversies score or an ESG rating, are also excluded from the Index.

The Fund may obtain limited exposure to securities considered not to satisfy these ESG criteria.

The Fund adopts a best-in-class approach to sustainable investing, this means that it is expected that the Fund will invest in the best issuers from an ESG perspective

(based on the ESG criteria of the Index) within each relevant sector of activities covered by the Index. The Fund intends to replicate the Index by holding the equity

securities which make up the Index, in similar proportions to it. The investment manager may use financial derivative instruments (“FDIs“) (i.e. investments the prices

of which are based on one or more underlying assets) for direct investment purposes to produce a similar return to its Index.

The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to offset the costs of the Fund.

Recommendation: This Fund is suitable for medium to long term investment, though the Fund may also be suitable for shorter term exposure to the Index.

Your shares will be accumulating shares (i.e. income will be included in their value).

Your shares will be denominated in US Dollar, the Fund's base currency.

The shares are listed on one or more stock exchanges and may be traded in currencies other than their base currency. The performance of your shares may be

affected by this currency difference. In normal circumstances, only authorised participants (e.g. select financial institutions) may deal in shares (or interests in shares)

directly with the Fund. Other investors can deal in shares (or interests in shares) daily through an intermediary on stock exchange (s) on which the shares are traded.

Indicative net asset value is published on relevant stock exchanges websites. For more information on the Fund, Share Class, risks and charges, please see the Fund's prospectus, available on the product pages at www.blackrock.com

Risk and Reward Profile

Lower risk

Higher risk

- Investment risk is concentrated in specific sectors, countries, currencies or

Typically lower rewards Typically higher rewards

companies. This means the Fund is more sensitive to any localised economic, market, political, sustainability-related or regulatory events.

- The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic

The risk indicator was calculated incorporating simulated historical data and news, company earnings and significant corporate events.

may not be a reliable indication of the future risk profile of the Share Class. - The benchmark index only excludes companies engaging in certain activities

The risk category shown is not guaranteed and may change over time.

inconsistent with ESG criteria if such activities exceed the thresholds

The lowest category does not mean risk free.

determined by the index provider. Such ESG screening may reduce the

The Share Class is rated six due to the nature of its investments which include

potential investment universe and this may adversely affect the value of the

the risks listed below. These factors may impact the value of the Share Class or

Fund’s investments compared to a fund without such screening.

expose the Share Class to losses.

Particular risks not adequately captured by the risk indicator include:

- Counterparty Risk: The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Share Class to financial loss. The benchmark is the intellectual property of the index provider. The Share Class is not sponsored or endorsed by the index provider. Please refer to the Fund's prospectus for full disclaimer. Charges The charges are used to pay the costs of running the Share Class, including the ** To the extent the Fund undertakes securities lending to reduce costs, the costs of marketing and distributing it. These charges reduce the potential growth ofFund will receive 62.5% of the associated revenue generated and the remaining your investment.37.5% will be received by BlackRock as the securities lending agent. As *Not applicable to secondary market investors. Investors dealing on a stock securities lending revenue sharing does not increase the costs of running the exchange will pay fees charged by their stock brokers. Such charges are publiclyFund, this has been excluded from the ongoing charges. available on exchanges on which the shares are listed and traded, or can be

One-off charges taken before or after you invest obtained from stock brokers.

Entry Charge

None* *Authorised participants dealing directly with the Fund will pay related transaction costs including, on redemptions, any applicable capital gains tax (CGT) and otherExit Charge

None* taxes on underlying securities.

This is the maximum that might be taken out of your money before it is invested or

before proceeds of your investments are paid out. The ongoing charges figure is based on the fixed annualised fee charged to the Share Class in accordance with the Fund’s prospectus. This figure excludes portfolio Charges taken from the Share Class over each year trade related costs, except costs paid to the depositary and any entry/exit charge

Ongoing Charges 0.20%** paid to an underlying collective investment scheme (if any). Charges taken from the Share Class under certain conditions

Performance Fee None

Past Performance Past performance is not a guide to future

Historic performance to 31 December 2024 performance. The chart shows the Share Class's annual performance in USD for each full calendar year over the period displayed in the chart. It is expressed as a percentage change of the Share Class's net asset value at each year-end. The Fund was launched in 2021. The Share Class was launched in 2021. Performance is shown after deduction of ongoing charges. Any entry/exit charges are excluded from the calculation.

† Benchmark:MSCI Pacific Ex Japan ESG Enhanced2020 2021 2022

20232024 Focus (USD) (USD)Fund

-6.8 4.0 3.9Benchmark †

-6.5 4.3 4.0

Practical Information

The depositary of the Fund is State Street Custodial Services (Ireland) Limited.

Further information about the Fund and the Share Class can be obtained from the latest annual report and half-yearly reports of iShares III plc. These documents are

available free of charge in English and certain other languages. These can be found, along with other information, such as details of the key underlying investments of

the Share Class and share prices, on the iShares website at www.ishares.com or by calling +44 (0)845 357 7000 or from your broker or financial adviser.

Investors should note that the tax legislation that applies to the Fund and Share Class may have an impact on the personal tax position of your investment.

The Fund is a sub-fund of iShares III plc, an umbrella structure comprising different sub-funds. The Fund has one or more share classes. This document is specific to

the Fund and Share Class stated at the beginning of this document. However, the prospectus, annual and half-yearly reports are prepared for the umbrella.

iShares III plc may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts

of the Fund's prospectus.

The indicative intra-day net asset value of the Share Class is published on relevant stock exchanges websites.

Under Irish law, iShares III plc has segregated liability between its sub-funds (i.e. the Fund’s assets will not be used to discharge the liabilities of other sub-funds within

iShares III plc). In addition, the Fund's assets are held separately from the assets of other sub-funds. Assets and liabilities specific to a share class would be

attributable to only that share class, however there is no segregation of liabilities between share classes under Irish law.

Switching of shares between the Fund and other sub-funds within iShares III plc is not available to investors. Only Authorised Participants dealing directly with the Fund

may switch shares between share classes of the Fund subject to meeting certain conditions in the Fund's prospectus.

The Remuneration Policy of the Management Company, which describes how remuneration and benefits are determined and awarded, and the associated governance

arrangements, is available at www.blackrock.com/Remunerationpolicy or on request from the registered office of the Management Company. This Fund and its manager, BlackRock Asset Management Ireland Limited, are authorised in Ireland and regulated by the Central Bank of Ireland. This Key Investor Information is accurate as at 27 January 2025