HSBC ETFs PLC HSBC HANG SENG TECH UCITS ETF Marketing communication | Monthly report 31 January 2025 | HSTC LN | HKD This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Share class detailsInvestment objectiveKey metrics The Fund aims to track as closely as possible the returns of the Hang Seng TECH Index (the NAV per share HKD 51.14 “Index”). The Fund will invest in or gain exposure to shares of companies which make up thePerformance 1 month 5.69% Index.Tracking error 3 years 0.06%Fund factsInvestment strategy UCITS V compliant Yes The Index is made up of the 30 largest technology companies in Hong Kong SAR, as defined byUK reporting fund status Yes the Index provider.The Fund will be passively managed and will aim to invest in the shares of the (UKRS) companies in generally the same proportion as in the Index. However, there may be ISA eligible Yes circumstances when it is not possible or practical for the Fund to invest in all constituents of theDividend treatment Accumulating Index. It may also invest in companies outside the Index, but which are expected to provide similar performance and risk characteristics to certain Index constituents. If the Fund cannot Dividend currency HKD invest directly in the companies that constitute the Index, it may gain exposure by using otherFund base currencyHKD investments such as depositary receipts, derivatives or funds.The Fund may invest in money Currency Hedged Not Hedged market instruments. The Fund may invest up to 10% in other funds, including HSBC funds.The Fund may invest up to 35% in securities from a single issuer during exceptional market Share class base currency HKD conditions.The Fund may invest up to 10% in total return swaps and contracts for difference.SeeDomicile Ireland the Prospectus for a full description of the investment objectives and derivative usage. Inception date 9 December 2020Shares outstanding 70,230,000 Main risksFund size HKD 3,591,634,562Reference100% Hang Seng TECH • The value of investments and any income from them can go down as well as up andbenchmark Indexinvestors may not get back the amount originally invested • Investing in assets denominated in a currency other than that of the investor’s own currencyReplication method Physical- Fullexposes the value of the investment to exchange rate fluctuations SIPP eligible Yes • Where overseas investments are held the rate of currency exchange may cause the value ofIssuer HSBC ETFs PLCsuch investments to go down as well as up.Fiscal year endDecFees and expenses Fund facts Ongoing charge figure¹ 0.500% Fund manager HSBC Global Asset Management (UK) Limited Codes Custodian HSBC Continental Europe ISIN IE00BMWXKN31 Fund administrator HSBC Securities Services (Ireland) DAC SEDOL BMWXKN3¹Ongoing Charges Figure is based on expensesover a year. The figure includes annualmanagement charge but not the transactioncosts. Such figures may vary from time to time. Past performance does not predict future returns. The figures are calculated in the share class base currency, dividend reinvested, net of fees. This is a marketing communication. Please refer to the prospectus and to the KID before making any final investment decisions. For definition of terms, please refer to the Glossary QR code and Prospectus. Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC HANG SENG TECH UCITS ETF Monthly report 31 January 2025 | HSTC LN | HKD Performance Fund Reference Benchmark 120 Return index rebased to 110 100 on starting date 100908070605040 09/20 09/21 07/22 05/23 03/24 01/25Since inception Performance (%) YTD 1 month 3 months 6 months1 year3 years ann 5 years annann Fund 5.69 5.69 4.9334.0957.94 -4.15 ---12.06 Reference Benchmark 5.72 5.725.05 34.43 58.72 -3.71 -- -11.63 Tracking difference -0.03 -0.03 -0.12 -0.34 -0.78 -0.44 -- -0.43 Tracking error -- -- -- -- 0.06 0.06 --0.07 31/01/24- 31/01/23- 31/01/22- 31/01/21- 31/01/20- Rolling performance (%) 31/01/25 31/01/24 31/01/23 31/01/22 31/01/21 Fund57.94-33.73-15.88-42.27 -- Reference Benchmark 58.72 -33.42-15.52-41.93-- ReferenceBenchmark information Equity characteristics FundBenchmark Index name 100% Hang Seng TECH Index No. of holdings ex cash30 30 Index currencyHKD Average market cap (HKD Mil)707,820 707,715 Benchmark typeNet Return Price/earning ratio 22.20 22.20 Index Rebalancing Frequency Quarterly TR Index Bloomberg Ticker HSTECHN TR Index Reuters RIC .HSTECHN Sector allocation (%) Consumer Discretionary 42.60 Information Technology 28.86Communication Services 24.64 Consumer Staples 2.95 Financials 0.46 Cash & Others0.49 Fund Past performance does not predict future returns. The figures are calculated in the share class base currency, dividend reinvested, net of fees. Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC HANG SENG TECH UCITS ETF Monthly report 31 January 2025 | HSTC LN | HKDTop 10 holdingsSector Weight (%) Xiaomi CorpInformation Technology9.80 JD.com Inc Consumer Discretionary8.04 Alibaba Group Holding Ltd Consumer Discretionary7.79 Tencent Holdings Ltd Communication Services7.39 SMIC Information Technology7.06 MeituanConsumer Discretionary6.67 Kuaishou TechnologyCommunication Services5.66 Li Auto IncConsumer Discretionary5.62 NetEase IncCommunication Services4.93 XPeng Inc Consumer Discretionary4.22 Trading BloombergiNAV Exchange name Listing date currency Trading hours ticker Reuters RIC Bloomberg iNAV Reuters -- -- #N/A HSTCHKD ID -- HSTUHKIVHSTUHKDINAV=SOLA LONDON STOCK EXCHANGE10 Dec 2020 USD08:00 - 16:30 HSTE LNHSTE.L HSTUSDIV HSTEUSDINAV=SOLA LONDON STOCK EXCHANGE10 Dec 2020 GBP08:00 - 16:30 HSTC LNHSTC.L HSTCGBIV HSTCGBPINAV=SOLA NYSE EURONEXT - EURONEXT 14 Dec 2020 EUR09:00 - 17:30 HSTE FPHSTE.PAH4ZXEUIV H4ZXEURINAV PARIS =SOLA SIX SWISS EXCHANGE 17 Dec 2020 USD09:00 - 17:30 HSTE SWHSTE.S HSTUSDIV HSTEUSDINAV=SOLA DEUTSCHE BOERSE AG-XETRA 14 Dec 2020 EUR09:00 - 17:30 H4ZX GYH4ZX.DEH4ZXEUIV H4ZXEURINAV=SOLA BORSA ITALIANA SPA 08 Jan 2021 EUR09:00 - 17:35 HSTE IMHSTE.MIH4ZXEUIV H4ZXEURINAV=SOLA BOLSA INSTITUCIONAL DE 03 Nov 2021 MXN08.25 - 15:00 HSTEN MM HSTE.BIV -- -- VALORES Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC HANG SENG TECH UCITS ETF Monthly report 31 January 2025 | HSTC LN | HKD Follow us on: Risk disclosures HSBC Asset Management • The value of investible securities can change over time due to a wide variety of factors, including but not limited to: political and economic news, government policy, changes in demographics, cultures and populations, natural or human-caused disasters etc. E-mail: etf.client.services@hsbc.com • The Fund may invest in Emerging Markets, these markets are less established, and often Website: www.etf.hsbc.com more volatile, than developed markets and involve higher risks, particularly market, liquidity For more information please contact us and currency risks.at E-mail: • The Fund may be concentrated in a limited number of securities, economic sectors and/orWholesale.clientservices@hsbc.com. countries and as a result, may be more volatile and have a greater risk of loss than more www.assetmanagement.hsbc.com/uk broadly diversified funds. To help improve our service and in the • To the extent that the Fund seeks to replicate index performance by holding individual interests of security we may record and/ securities, there is no guarantee that its composition or performance will exactly match that or monitor your communication with us. of the target index at any given time (“tracking error”). • Derivatives may be used by the Fund, and these can behave unexpectedly. The pricing and volatility of many derivatives may diverge from strictly reflecting the pricing or volatility of Fund center their underlying reference(s), instrument or asset. • Investment Leverage occurs when the economic exposure is greater than the amount invested, such as when derivatives are used. A Fund that employs leverage may experience greater gains and/or losses due to the amplification effect from a movement in the price of the reference source. • Where overseas investments are held the rate of currency exchange may cause the value of such investments to go down as well as up. • Further information on the potential risks can be found in the Key Information Document (KID) and/or the Prospectus or Offering Memorandum. Glossary www.assetmanagement.hsbc.co.uk/en/ api/v1/download/document/ gb00b80qg615/gb/en/glossary Index disclaimer The mark and name "Hang Seng TECH Index" is proprietary to Hang Seng Data Services Limited ("HSDS") which has licensed its compilation and publication to Hang Seng Indexes Company Limited ("HSIL"). HSIL and HSDS have agreed to the use of, and reference to, the Hang Seng TECH Index by HSBC Global Asset Management ("the Issuer") in connection with HSBC ETFs PLC - HSBC Hang Seng Tech UCITS ETF (the "Product"). However, neither HSIL nor HSDS warrants, represents or guarantees to any person the accuracy or completeness of the Hang Seng TECH Index, its computation or any information related thereto and no warranty, representation or guarantee of any kind whatsoever relating to the Hang Seng TECH Index is given or may be implied. Neither HSIL nor HSDS accepts any responsibility or liability for any economic or other loss which may be directly or indirectly sustained by any person as a result of or in connection with the use of and/or reference to the Hang Seng TECH Index by the Issuer in connection with the Product, or any inaccuracies, omissions or errors of HSIL in computing the Hang Seng TECH Index. Any person dealing with the Product shall place no reliance whatsoever on HSIL and/or HSDS nor bring any claims or legal proceedings against HSIL and/or HSDS in any manner whatsoever. For the avoidance of doubt, this disclaimer does not create any contractual or quasi-contractual relationship between any broker or other person dealing with the Product and HSIL and/or HSDS and must not be construed to have created such relationship. Source: HSBC Asset Management, data as at 31 January 2025 HSBC ETFs PLC HSBC HANG SENG TECH UCITS ETF Monthly report 31 January 2025 | HSTC LN | HKD Important information The material contained herein is for marketing purposes and is for your information only. This document is not contractually binding nor are we required to provide this to you by any legislative provision. It does not constitute legal, tax or investment advice or a recommendation to any reader of this material to buy or sell investments. You must not, therefore, rely on the content of this document when making any investment decisions. This material is not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. This material is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe to any investment. Any views expressed were held at the time of preparation and are subject to change without notice. While any forecast, projection or target where provided is indicative only and not guaranteed in any way. HSBC Global Asset Management (UK) Limited accepts no liability for any failure to meet such forecast, projection or target. This fund is a sub-fund of HSBC ETFs plc (“the Company”), an investment company with variable capital and segregated liability between sub-funds, incorporated in Ireland as a public limited company, and is authorised by the Central Bank of Ireland. The company is constituted as an umbrella fund, with segregated liability between sub-funds. Shares purchased on the secondary market cannot usually be sold directly back to the Company. Investors must buy and sell shares on the secondary market with the assistance of an intermediary (e.g. a stockbroker) and may incur fees for doing so. In addition, investors may pay more than the current Net Asset Value per share when buying shares and may receive less than the current Net Asset Value per Share when selling them. UK based investors in HSBC ETFs plc are advised that they may not be afforded some of the protections conveyed by the Financial Services and Markets Act (2000), (“the Act”). The Company is recognised in the United Kingdom by the Financial Conduct Authority under section 264 of the Act. The shares in HSBC ETFs plc have not been and will not be offered for sale or sold in the United States of America, its territories or possessions and all areas subject to its jurisdiction, or to United States Persons. Affiliated companies of HSBC Global Asset Management (UK) Limited may make markets in HSBC ETFs plc. All applications are made on the basis of the current HSBC ETFs plc Prospectus, relevant Key Investor Information Document (“KIID”), Supplementary Information Document (SID) and Fund supplement, and most recent annual and semi-annual reports, which can be obtained upon request free of charge from HSBC Global Asset Management (UK) Limited, 8 Canada Square, Canary Wharf, London, E14 5HQ. UK, or from a stockbroker or financial adviser. The indicative intra-day net asset value of the sub-fund[s] is available on at least one major market data vendor terminal such as Bloomberg, as well as on a wide range of websites that display stock market data, including www.reuters.com. Investors and potential investors should read and note the risk warnings in the prospectus, relevant KIID and Fund supplement (where available) and additionally, in the case of retail clients, the information contained in the supporting SID. Further information about the Company including the Prospectus, the most recent annual and semi-annual reports of the Company and the latest share prices, may be obtained free of charge, in English, from the Administrator by emailing ifsinvestorqueries@hsbc.com, or by visiting www.etf.hsbc.com. Details of the underlying investments of the fund are available on www.etf.hsbc.com. The indicative intra-day net asset value of the fund is available on at least one major market data vendor terminal such as Bloomberg, as well as on a wide range of websites that display stock market data, including www.reuters.com. The most recent Prospectus is available in English, German and French. Key Investor Information Document (KID) are available in the local language where they are registered. To help improve our service and in the interests of security we may record and/or monitor your communication with us. HSBC Global Asset Management (UK) Limited provides information to Institutions, Professional Advisers and their clients on the investment products and services of the HSBC Group. Approved for issue in the UK by HSBC Global Asset Management (UK) Limited, who are authorised and regulated by the Financial Conduct Authority. www.assetmanagement.hsbc.co.uk Copyright © HSBC Global Asset Management (UK) Limited 2025. All rights reserved. Further Information can be found in the prospectus and in our Key Investor Information Documents published in our Fund Centre at www.assetmanagement.hsbc.co.uk Term: The management company cannot terminate the Fund unilaterally. The Board of Directors may furthermore decide to liquidate the Fund in certain circumstances set out in the prospectus and articles of incorporation of the Fund.Further additional and complete information (including but not limited to) investor rights, costs and charges, please refer to the prospectus. Source: HSBC Asset Management, data as at 31 January 2025