[MISTRAL] A mundi <br> Key Information Document \n\nA Sub-fund of MULTI UNITS FRANCE\nManagement Company: Amundi Asset Management (hereinafter:  we  or the  Management Company ), a member of the Amundi Group of companies. FR0010424143 - Currency: EUR\nManagement Company's website: www.amundi.fr\nCall +33 143233030 for more information.\nThe AMF ( Autorité des Marchés Financiers ) is responsible for supervising Amundi Asset Management in relation to this Key Information Document. Amundi Asset Management is authorised in France under number GP-04000036 and regulated by the AMF.\nKey Information Document production date: 13/12/2024.\n\n## What is this product?\n\nType: Shares of a sub-fund of MULTI UNITS FRANCE, a UCITS (Undertaking for Collective Investment in Transferable Securities), established in the form of a SICAV.\n\nTerm: The product has a duration of 99 years. The Management Company may dissolve the product by means of liquidation or merger with another product in accordance with legal requirements.\nAMF Classification ( Autorité des Marchés Financiers ): Not applicable\nObjectives: The Fund is a passively managed index-based UCITS.\nThe Fund's objective is to be inversely exposed with a daily rebalancing to the European stock market by replicating, both upwards and downwards, the performance of the EURO STOXX 50® Daily Double Short strategy index (gross dividends reinvested) (the  Benchmark ), denominated in euro (EUR) and which is a short selling strategy (with a daily -2x leverage effect), with daily rebalancing, on the EURO STOXX 50® Total Return index (gross dividends reinvested) (the  Parent Index ), representative of the 50 largest stocks belonging to Eurozone member countries, with daily rebalancing, while keeping the tracking error (the  Tracking Error ) between the performances of the Fund and those of the Benchmark to a minimum.\nThe expected level of the Tracking Error under normal market conditions is indicated in the Fund prospectus.\nOver a period of one working day, any appreciation in the value of the Parent Index shall lead to stronger depreciation of the net asset value of the Fund, meaning that investors will therefore not benefit from the appreciation in the value of the Parent Index.\nHowever, for a period greater than one working day, due to the daily leverage readjustment conducted in the Benchmark, the performance of the Fund will not be equal to double the inverse of the performance of the Parent Index and may even follow an identical (i.e. not inverse) development.\nThe STOXX website (www.stoxx.com) provides more detailed information about STOXX indices.\nThe Fund aims to achieve its objective by means of indirect replication, namely by entering into one or more OTC swaps (forward financial instruments,  FFIs ).\nThe Fund may invest in a diversified portfolio of international shares whose performance will be exchanged against that of the Benchmark through FFIs. The updated composition of the portfolio of securities held by the Fund is mentioned on the website amundiett.com.\nIn addition, the indicative net asset value appears on the Fund's Reuters and Bloomberg pages and may also be mentioned on the Fund's stock exchange websites.\nIntended retail investors: This product is intended for investors with an average amount of knowledge and some experience of investing in funds who are able to bear a loss of up to the full amount invested.\nThe product is not open to residents of the United States of America/ U.S. Person  (the definition of  U.S. Person  is available on the Management Company's website www.amundi.com and/or in the prospectus).\nRedemption and transaction: The Sub-fund's shares are listed and traded on one or more stock exchanges. Under normal circumstances, you can trade shares during stock exchange trading hours. Only authorised participants (e.g. selected financial institutions) can trade shares directly with the Subfund on the primary market. Further details are provided in the MULTI UNITS FRANCE prospectus.\n\nDistribution Policy: As this is a non-distributing share class, investment income is reinvested.\nMore information: Further information regarding this product, including the prospectus and financial reports, is available free of charge on request from: Amundi Asset Management, 91-93 boulevard Pasteur, 75015 Paris, France.\nThe net asset value of the product is available at www.amundi.fr\nDepositary: SOCIETE GENERALE. PERFORMANCE SCENARIOS \n\nThe unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the Sub-fund over the last ten years. Markets could develop very differently in the future. The stress scenario shows what you might get back in extreme market circumstances.\n\nWhat you get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted.\n\n     Recommended holding period: 1 day <br> Investment EUR 10,000     \n  :--:   :--:   :--:  \n  Scenarios      If you exit after <br> 1 day  \n  Minimum   There is no minimum guaranteed return. You could lose some or all of your investment.     \n  Stress Scenario   What you might get back after costs    € 230   \n     Average return each year    -97.7  %   \n  Unfavourable Scenario   What you might get back after costs    € 7,010   \n     Average return each year    -29.9  %   \n  Moderate Scenario   What you might get back after costs    € 9,700   \n     Average return each year    -3.0  %   \n  Favourable Scenario   What you might get back after costs    € 12,370   \n     Average return each year    23.7  %   \n\nThe figures shown include all the costs of the product itself, but may or may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back.\n\nUnfavourable Scenario: This type of scenario occurred for an investment made between 30/10/2020 and 30/11/2020.\nModerate scenario: This type of scenario occurred for an investment made between 29/07/2016 and 31/08/2016.\nFavourable scenario: This type of scenario occurred for an investment made between 28/02/2020 and 31/03/2020\n\n## What happens if Amundi Asset Management is unable to pay out?\n\nThe product is a co-ownership of financial instruments and deposits separate from the Management Company. In the event of default by the Management Company, the assets of the product held by the depositary will not be affected. In the event of default by the depositary, the risk of financial loss to the product is mitigated due to the legal segregation of the depositary's assets from those of the product.\n\n## What are the costs?\n\nThe person advising on or selling you this product may charge you other costs. If so, this person will provide you with information about these costs and how they affect your investment.\n\n## COSTS OVER TIME\n\nThe tables show the amounts that are taken from your investment to cover different types of costs. These amounts depend on how much you invest, and how long you hold the product. The amounts shown here are illustrations based on an example investment amount and different possible investment periods.\nWe have assumed:\n\n- in the first year you would get back the amount that you invested (  0  %  annual return). For the other holding periods we have assumed the product performs as shown in the moderate scenario.\n- EUR 10,000 is invested. COMPOSITION OF COSTS \n\n     One-off costs upon entry or exit   If you exit after <br> 1 day  \n  :--:   :--:   :--:  \n  Entry costs*   We do not charge an entry fee for this product.   Up to EUR 0  \n  Exit costs*   We do not charge an exit fee for this product, but the person selling you the product may do so.   EUR 0.00  \n  Ongoing costs taken each year        \n  Management fees and other administrative or operating costs    0.60  %  of the value of your investment per year. This percentage is based on the actual costs over the last year.   EUR 0.16  \n  Transaction costs   There are no transaction charges for this product.   EUR 0.00  \n  Incidental costs taken under specific conditions        \n  Performance fees   There is no performance fee for this product.   EUR 0.00  \n  * Secondary market: as the Sub-fund is an ETF, investors who are not Authorised Participants will ordinarily only be able to buy or sell its shares on the secondary market. As a result, investors will pay brokerage charges and/or transaction charges on their transactions on the stock market. These brokerage charges and/or transaction charges are neither charged nor payable by the Sub-fund or the Management Company, but by the investor's own intermediary. Furthermore, investors may also incur bid-ask spreads, i.e. the difference between the price a share may be sold at (ask price) and the price it may be bought at (bid price). <br> Primary market: Authorised Participants who trade directly with the Sub-fund will pay the transaction costs applicable to its primary market.        \n\n## How long should I hold it and can I take money out early?\n\nRecommended holding period: 1 day. This period is based on our assessment of the risk and reward characteristics and costs of the Sub-fund. This product is designed for short-term investment; you should be prepared to stay invested for at least 1 day. You can redeem your investment at any time, or hold the investment longer.\n\nOrder schedule: Redemption orders must be received before 17:00 (Paris time) on the net asset value calculation date. Please refer to the MULTI UNITS FRANCE prospectus for more information about redemptions.\n\n## How can I complain?\n\nIf you have any complaints, you may:\n\n- Mail Amundi Asset Management at 91-93 boulevard Pasteur, 75015 Paris, France\n- E-mail to complaints@amundi.com\n\nIn the case of a complaint you must clearly indicate your contact details (name, address, phone number or email address) and provide a brief explanation of your complaint. More information is available on our website www.amundi.fr.\nIf you have a complaint about the person that advised you about this product, or who sold it to you, they will tell you where to complain.\n\n## Other relevant information\n\nYou may find the prospectus, key information documents, notices to investors, financial reports, and further information documents relating to the product including various published policies of the product on our website www.amundi.fr. You may also request a copy of such documents at the registered office of the Management Company.\nFor more information about the Fund's listing and the market maker institution, please refer to the Fund's prospectus, in the  Conditions for buying and selling on the secondary market  and  Market maker financial institutions  sections. The indicative net asset value is published in real time by the stock market operator during trading hours.\nWhen this product is used as a unit-linked vehicle in a life insurance or capitalisation contract, additional information about this contract, such as the costs of the contract, which are not included in the costs mentioned in this document, the contact details for complaints and the procedures in the event of default of the insurance company are provided in the key information document of the contract, which must be provided to you by your insurer or broker or any other insurance intermediary in compliance with their legal obligation.\nPast performance: You can download the past performance of the Sub-fund over the last ten years at www.amundi.fr.\nPerformance scenarios: You can find previous performance scenarios updated on a monthly basis at www.amundi.fr.