Key Investor Information for Investors in the United Kingdom 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. Xtrackers II EUR Covered Bond Swap UCITS ETF Share class: 1C, ISIN: LU0820950128, Security code: DBX0ND, Currency: EUR a sub-fund of Xtrackers II. The management company is DWS Investment S.A., a member of the DWS Group. Objectives and investment policy The fund is passively managed. INVESTMENT OBJECTIVE: The ADMINISTRATION: The index is administered by IHS Markit aim is for your investment to reflect the performance of the MARKIT Benchmark Administration Limited. The index is calculated on a IBOXX EUR LIQUID COVERED Index® (index). DESCRIPTION total return basis which means that payments from coupons from OF INDEX: The index reflects certain types of tradeable debt bonds are reinvested in the index. INVESTMENT POLICY: To (bonds) denominated in Euros considered less likely to defaultachieve the aim, the fund will invest in transferable securities and (investment grade) and which are issued by a credit institution with enter into financial contracts (derivatives) with one or more swap its registered office in the European Union governed by rules counterparties relating to the transferable securities and the index, designed to protect bond-holders (covered bonds) or are in order to obtain the return on the index. FURTHER considered by the market to be covered bonds. T-Bills and other INFORMATION: Certain information (including the latest share money market instruments are not eligible. The index will be prices of the fund, indicative net asset values, full disclosure on the rebalanced monthly. For bonds to be included, they must, on the composition of the fund's portfolio and information on the index relevant rebalancing date, have a remaining time of maturity of atconstituents) are available on your local DWS website or at least three years. The bonds must have a fixed rate of interest and www.Xtrackers.com. Transaction costs and taxes, unexpected must be part of an issue of debt which has at least €1 billionfund costs and market conditions such as volatility or liquidity outstanding. Eligible bonds must have an age no greater than two issues may affect the ability of the fund to track the index. The years. The minimum size of the index is 50 bonds and there is no anticipated level of tracking error in normal market conditions is 1 maximum size. If there are less than 50 eligible bonds theper cent. The currency of the fund is EUR. Returns and gains are maximum age rule and minimum time to maturity rule may be not distributed but are reinvested in the fund. You may request the relaxed. INDEX REBALANCING, CALCULATION ANDredemption of shares generally on a daily basis. Risk and reward profile Lower risk Higher risk used. COUNTERPARTY RISK: The fund will enter into a derivative with one or more counterparties. If any of the counterparties fails to Potentially lower reward Potentially higher reward make payment (for example, it becomes insolvent) this may result 1 2 3 456 7in your investment suffering a loss. CONFLICTS OF INTEREST RISK: DWS entities and related companies may act in several The calculation of the risk and reward profile is based on historical roles in relation to the fund such as distributor and management data that cannot be used as a reliable indicator for the future risk company which may involve conflicts of interest. Your investment is profile. This risk indicator is subject to changes; the classification of dependent on the performance of the index less costs but your the fund may change over time and cannot be guaranteed. Even ainvestment is not expected to match that performance precisely. fund that is classified in the lowest category (category 1) does not CREDIT RISK & INTEREST RATE RISK: The fund may invest in represent a completely risk-free investment. The fund is classified bonds which are exposed to credit risk and interest rate risk. Credit in category 3 because its share price fluctuates comparatively little risk means that there is a risk that the bond issuer may be unable and the likelihood of both losses and gains is therefore relatively to pay interest or repay the bond principal, resulting in your low. The following risks could be of particular significance for the investment suffering a loss. Interest rate risk means that if interest fund: The fund does not invest directly in the components of the rates rise, typically the value of the bond will fall, which could also index and its returns will be dependent on the performance of the affect the value of your investment. bonds and/or cash deposits and the performance of the derivatives A more detailed description of risks and other general information can be found in the risk section(s) of the prospectus. 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 investSecondary market investors (those who buy or sell shares Entry charge None on a stock exchange) may be charged certain fees by their Exit charge None stock broker. These charges, if any, can be obtained from This is the maximum that might be taken out of your money before it is such stock broker. Authorised participants dealing directly invested (entry charge) and before the proceeds of your investment are paid with the fund will pay the transaction costs related to their out (exit charge). subscriptions and redemptions. Charges taken from the fund over a year The ongoing charges figure is based on expenses for the Ongoing charges 0.20 %fiscal year ending 31.12.2024. It may vary from year to Charges taken from the fund under certain specific conditions year. It excludes portfolio transaction costs and Performance fee None performance fees, if any. Additional information on costs can be found in the cost section(s) of the prospectus. Past performance aaa Past performance is not a reliable indicator of future performance. All costs and fees that were withdrawn from the 1C share class of Xtrackers II EUR Covered Bond Swap UCITS ETF were deducted during the calculation. The 1C share class of Xtrackers II EUR Covered Bond Swap UCITS ETF was launched in 2012. Practical information The depositary is State Street Bank International GmbH, and where appropriate take advice on such taxation regimes. Luxembourg Branch. Copies of the prospectus and the periodic Xtrackers II may be held liable solely on the basis of any statement reports are available free of charge in the language of this contained in this document that is misleading, inaccurate or document. The documents as well as other information (including inconsistent with the relevant parts of the sales prospectus. This the latest share prices as well as the indicative net asset values) fund is a sub-fund of Xtrackers II for which the sales prospectus are available free of charge. The documents are available on yourand the periodic reports are prepared as a whole. The assets and local DWS website or at www.Xtrackers.com, for full disclosure onliabilities of each sub-fund are segregated by law. As a result, the composition of the fund's portfolio and information on the index assets of one sub-fund are not available in the event of claims constituents please refer to this website as well. Information on theagainst or insolvency of another. More share classes may be current remuneration policy of the management company, available for this fund - please refer to the relevant section of the including a description of how remuneration and benefits are sales prospectus for further details. You are not permitted to calculated is published on the Internet at exchange your shares in this fund for other funds of Xtrackers II. https://www.dws.com/footer/Legal-Resources/dws-remuneration- This fund is authorised in Luxembourg and is regulated by the policy?setLanguage=en. The information will be sent to you inCommission de Surveillance du Secteur Financier. DWS paper form free of charge upon request. Taxation regimes Investment S.A. is authorised in Luxembourg and is regulated by applicable to the fund in your jurisdiction may affect your personal the Commission de Surveillance du Secteur Financier. tax situation. Prospective investors should inform themselves of, This key investor information is accurate as at 12.02.2025. The index and the trademarks therein are the intellectual property of Markit Indices Limited and/or its licensors ("Markit"), used under license from Markit. The fund is not sponsored, endorsed, sold or promoted by Markit. Markit has no liability with respect thereto, and makes no express or implied warranties or representations with respect to the accuracy, fitness for a particular purpose or results obtained by using the index. The full disclaimer can be found in the fund prospectus.