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 Eurozone Government Bond Short Daily Swap UCITS ETF Share class: 1C, ISIN: LU0321463258, Security code: DBX0AW, 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 REBALANCING, CALCULATION AND ADMINISTRATION: The aim is for your investment to reflect the performance of the Shortindex and the Underlying index are administered by IHS Markit IBOXX® € SOVEREIGNS EUROZONE TOTAL RETURN index Benchmark Administration Limited. INVESTMENT POLICY: To (index). DESCRIPTION OF INDEX: The index reflects the daily achieve the aim, the fund will invest in transferable securities and opposite performance of the IBOXX® € SOVEREIGNS enter into financial contracts (derivatives) with one or more swap EUROZONE TOTAL RETURN index (Underlying index), plus a rate counterparties relating to the transferable securities and the index, of interest. This means that the level of the index should rise when in order to obtain the return on the index. FURTHER the Underlying index falls and fall when the Underlying index rises INFORMATION: Certain information (including the latest share on a daily basis. The interest rate added to the index level is based prices of the fund, indicative net asset values, full disclosure on the on the rate at which banks in the Eurozone lend to each other composition of the fund's portfolio and information on the index overnight and a market rate for certain bond sale and repurchase constituents) are available on your local DWS website or at (repo) transactions earned on the short positions. The Underlying www.Xtrackers.com. Transaction costs and taxes, unexpected index reflects the performance of certain tradable debt (bonds), and fund costs and market conditions such as volatility or liquidity is rebalanced and reviewed monthly according to a pre-set issues may affect the ability of the fund to track the index. The methodology. For bonds to be included in the index on a monthly anticipated level of tracking error in normal market conditions is 1 rebalancing date, they must be denominated in Euro, issued by a per cent. The currency of the fund is EUR. Returns and gains are Eurozone government and have a remaining time to maturity of at not distributed but are reinvested in the fund. You may request the least one year. Amounts equivalent to interest payments on theredemption of shares generally on a daily basis. bonds are reinvested in the Underlying index. INDEX Risk and reward profile Lower risk Higher risk RISK: The fund is not guaranteed and your investment is at risk. The value of your investment may go down as well as up. SHORT Potentially lower reward Potentially higher reward INDEX RISK: The index is constructed to track the performance of 1 2 3 456 7a negative (known as a short) position on the Underlying index, meaning that the level of the index should rise when the Underlying The calculation of the risk and reward profile is based on historical index falls and fall when the Underlying index rises. The index is data that cannot be used as a reliable indicator for the future risk designed to do this on a daily basis only, which should not be profile. This risk indicator is subject to changes; the classification of equated with seeking a short position for periods longer than a day. the fund may change over time and cannot be guaranteed. Even aThe performance of the fund over periods longer than one day may fund that is classified in the lowest category (category 1) does not not be inversely proportional or symmetrical with the returns of the represent a completely risk-free investment. The fund is classified Underlying index. The fund is intended for investors who wish to in category 4 because its share price fluctuates and the likelihood take a very short term view on the Underlying index and whose of both losses and gains may therefore be relatively high. Theinvestments are not intended as buy and hold investments. following risks could be of particular significance for the fund: The CURRENCY RISK: Fluctuations in interest rates of the currency of fund does not invest directly in the components of the index and its the shares, the index or the other assets of the fund may affect the returns will be dependent on the performance of the bonds and/or value of your investment. CREDIT RISK & INTEREST RATE RISK: cash deposits and the performance of the derivatives used.The fund may invest in bonds which are exposed to credit risk and COUNTERPARTY RISK: The fund will enter into a derivative with interest rate risk. Credit risk means that there is a risk that the bond one or more counterparties. If any of the counterparties fails to issuer may be unable to pay interest or repay the bond principal, make payment (for example, it becomes insolvent) this may result resulting in your investment suffering a loss. Interest rate risk in your investment suffering a loss. CONFLICTS OF INTERESTmeans that if interest rates rise, typically the value of the bond will RISK: DWS entities and related companies may act in several fall, which could also affect the value of your investment. roles in relation to the fund such as distributor and management A more detailed description of risks and other general information company which may involve conflicts of interest. NO GUARANTEE 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 0.15 %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 Eurozone Government Bond Short Daily Swap UCITS ETF were deducted during the calculation. The 1C share class of Xtrackers II Eurozone Government Bond Short Daily Swap UCITS ETF was launched in 2008. 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.