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 ESG Global Government Bond UCITS ETF Share class: 3D - USD Hedged, ISIN: LU2385068320, Security code: DBX0RK, Currency: USD 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 interest payments are reinvested in the index. The index is aim is for your investment to reflect the performance of the FTSE administered by FTSE Fixed Income LLC and rebalanced monthly. ESG Select World Government Bond Index – DM (index), whileINVESTMENT POLICY: To achieve the aim, the fund will i) attempt seeking to minimise foreign currency fluctuations at share class to replicate the index, before fees and expenses, by buying a level. DESCRIPTION OF INDEX: The index is designed to reflect portfolio of securities that may comprise the constituents of the the performance of fixed-rate, local currency, investment-grade index or other unrelated investments as determined by DWS sovereign debt issued in developed markets, excluding countries entities and ii) enter into financial contracts (derivatives) which which do not fulfil specific ESG (environmental, social, and attempt to reduce the effect of exchange rate fluctuations between governance) criteria. ESG CRITERIA: Issuers are selected from the the currency of the fund's assets and the currency of your shares. FTSE World Government Bond Index – DM (Parent Index) and The fund may employ techniques and instruments in order to country ESG scores are calculated by evaluating each country´smanage risk, reduce costs and improve results. These techniques ESG risk across three ESG pillars as determined by LSEG and instruments may include the use of derivatives. FURTHER Sustainable Sovereign Risk Methodology (2SRM). To be included INFORMATION: Certain information (including the latest share in the index, a country must be classified as ‘Free’ by Freedom prices of the fund, indicative net asset values, full disclosure on the House, not be subject to social violations based on data from composition of the fund's portfolio and information on the index Sustainalytics and not be included on the EU list of non-cooperative constituents) are available on your local DWS website or at jurisdictions for tax purposes. Countries are ranked by their ESG www.Xtrackers.com. Transaction costs and taxes, unexpected score and must exceed a certain threshold for inclusion. The weight fund costs and market conditions such as volatility or liquidity for each security is "tilted" as set out in the Product Annex of the issues may affect the ability of the fund to track the index. The fund. A green bond tilt is then applied to ensure that green bondsanticipated level of tracking error in normal market conditions is 1 meet a certain minimum threshold of the index, while maintaining per cent. The currency of the fund is EUR. The fund distributes up the country weights previously calculated. INDEX REBALANCING, to four times per annum. You may request the redemption of CALCULATION AND ADMINISTRATION: The index is calculated shares generally on a daily basis. on a total return basis, which means that amounts equivalent to Risk and reward profile Lower risk Higher risk become volatile or illiquid. This means that ordinary trading activity may occasionally be disrupted or impossible. CURRENCY RISK: Potentially lower reward Potentially higher reward Fluctuations in interest rates of the currency of the shares, the 1 2 3 456 7index or the other assets of the fund may affect the value of your investment. DERIVATIVES RISK: The fund may use derivatives to The calculation of the risk and reward profile is based on simulated i) try to manage its investments more efficiently and ii) try to reduce data that cannot be used as a reliable indicator for the future risk movements in currency exchange rates between the currency of profile. This risk indicator is subject to changes; the classification of the fund’s assets and the currency of the fund’s shares. This may the fund may change over time and cannot be guaranteed. Even anot always be successful and may result in greater fluctuations in fund that is classified in the lowest category (category 1) does not the value of the fund. This may negatively affect the value of the represent a completely risk-free investment. The fund is classified fund and your investment. CREDIT RISK & INTEREST RATE in category 4 because its share price fluctuates and the likelihood RISK: The fund may invest in bonds which are exposed to credit of both losses and gains may therefore be relatively high. Therisk and interest rate risk. SUSTAINABILITY RISK: The following risks could be of particular significance for the fund: The environmental, social and governance screening criteria are fund will attempt to replicate the performance of the index less embedded with the index selection process, which seeks to costs, but your investment is not expected to match the exclude bonds issued by companies involved in certain activities. performanceofthe index precisely. EXCEPTIONALThe investment manager and sub-portfolio manager are not CIRCUMSTANCES RISK: Exceptional circumstances may arise, responsible for monitoring the screening process or confirming that such as, but not limited to, disruptive market conditions, additional all bonds which pass the screening process are issued by costs/taxes or extremely volatile markets, which may cause thecompanies with adequate environmental, social or governance fund's performance to be substantially different from the standards. The issuer is solely relying on the activities conducted performance of the index. CONFLICTS OF INTEREST RISK: DWS by and information provided by the administrator of the reference entities and related companies may act in several roles in relation index for the ESG screening. ESG information from third-party data to the fund such as distributor and management company which providers may be incomplete, inaccurate or unavailable. As a may involve conflicts of interest. NO GUARANTEE RISK: The fundresult, there is a risk that the index administrator may incorrectly is not guaranteed and your investment is at risk. The value of your assess a security or issuer, resulting in the incorrect inclusion or investment may go down as well as up. BONDS RISK: The index exclusion of a security in the index and therefore the portfolio of the provides a notional exposure to the value and/or return of certainfund. bonds which may fall. Markets in these asset classes may at times 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 0.25 %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 3D - USD Hedged share class of Xtrackers II ESG Global Government Bond UCITS ETF were deductedduringthe calculation. The 3D - USD Hedged share class of Xtrackers II ESG Global Government Bond UCITS ETF was launched in 2021. 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 periodicXtrackers II may be held liable solely on the basis of any statement reports are available free of charge in the language of thiscontained 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 your and the periodic reports are prepared as a whole. The assets and local DWS website or at www.Xtrackers.com, for full disclosure on liabilities of each sub-fund are segregated by law. As a result, the composition of the fund's portfolio and information on the indexassets of one sub-fund are not available in the event of claims constituents please refer to this website as well. Information on the against 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 aresales 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 in Commission de Surveillance du Secteur Financier. DWS paper form free of charge upon request. Taxation regimesInvestment S.A. is authorised in Luxembourg and is regulated by applicable to the fund in your jurisdiction may affect your personalthe Commission de Surveillance du Secteur Financier. tax situation. Prospective investors should inform themselves of, This key investor information is accurate as at 17.02.2025. The fund is not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). The LSE Group does not accept any liability whatsoever to any person arising out of the use of the fund or the underlying data.