1/2Key Investor Information 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. MSCI World SRI S-Series PAB 5% Capped, a subfund of the SICAV BNP PARIBAS EASY Class ''UCITS ETF EUR Capitalisation'' - ISIN code LU1615092217 This Fund is managed by BNP PARIBAS ASSET MANAGEMENT Luxembourg, part of the BNP Paribas Group. Objectives and investment policy The Product is an index-tracking passively managed fund. The Product seeks to replicate (with a maximum tracking error* of 1%) the performance of the MSCI World SRI S-Series PAB 5% Capped (NTR) index (Bloomberg: M1CXWSC index) (the Index) by investing in the shares issued by companies included in the Index, respecting the Index's weightings (full replication) or in a sample of shares issued by companies included in the Index (optimised replication),When investing in a sample of shares, the Product's tracking error may be higher. The Index is composed of companies selected on the basis of a minimum Environmental, Social and Corporate Governance (ESG) criteria (environmental opportunity, pollution and waste, human capital, corporate governance, etc.) and based on their efforts to reduce their exposure to coal and unconventional fossil fuels. It implements a cap that limits a company’s maximum weight within the Index to 5% on each rebalancing date. In addition, the index aims to comply with the Paris Aligned Benchmark (PAB) targets of reducing carbon intensity by at least 50% relative to the initial investment universe and achieving an additional decarbonisation target of 7% each year. As a result, companies involved in sectors with a potentially high negative ESG impact, those subject to significant violations of the UN Global Compact principles and those involved in severe ESG-related controversies are excluded from the Index. The type of approach used here is Best-in-class (Best-in-class approach identifies leaders in each sector based on the best ESG practices, while avoiding those that present high levels of risk and do not comply with minimum ESG standards according to the Index administrator and its specialised partners). The extra-financial strategy of the Index, carried out at each step of the investment process, may comprise methodological limitations such as the risk related to ESG investment or the Index rebalancing .Further information on the Index, its composition, calculation and rules for periodical review and rebalancing and on the general methodology behind the MSCI indices can be found on www.msci.com. *The tracking error is a risk indicator that measures how closely a fund tracks the performance of its reference index. Incomes are systematically reinvested. Investors are able to redeem on a daily basis (on Luxembourg bank business days) as described in the prospectus. Risk and reward profile Lower risk Higher risk Other risks materially relevant to the Fund which are not adequately captured by the indicator are described below: Potentially lower rewardsPotentially higher rewards • Some markets are less regulated than most of the international markets; hence, the services related to custody and liquidation for 1 2 34 5 6 7the subfund on such markets could be more risky.• Historical data may not be reliable indication for the future. . • The risk category of a Fund is an indicator but not a target or a guarantee andmay shift over time. • The lowest category does not mean a risk-free investment. • Why is the Fund in this specific category?The risk category is justified by the investment mainly in stocks and shares,the value of which can fluctuate considerably. These fluctuations are oftenamplified in the short term. • The higher the risk, the longer the recommended investment horizon. 2/2 Charges The charges you pay are used to pay the Fund's running costs, including the costs of marketing and distribution. These charges reduce the potential growth of your investment.The entry and exit charges shown are maximum figures. In some cases you might pay One-off charges taken before or after you invest less. You can find this out from your financial adviser.(*) Thefigure is based on past expenses determined as of December3.00%3.00% 2023.3.00%3.00% This figure may vary from year to year. It excludes:• Portfolio transaction costs, except in the case of an entry/exit charge paid by the Fund when buying or selling units in another collective investment undertaking. None In addition, the investor’s subscription, conversion or redemption order may be subject None to an anti-dilution levy (maximum 0.1% for subscription or conversion in, and maximum0.1% for redemption or conversion out) paid to the sub-fund in order to cover This is the maximum that might be taken out of your money (before the transaction costs. proceeds of your investment are paid out).Conversions not allowed. Charges taken from the Fund over each year 0.26% (*) Charges taken from the fund under specific conditions . None Past performanceA• Performancefigures are shown for shares classes, for which NAV wasB continuously calculated during the period from 1st January to 31st December. • Past performance is not an indicator of future results. 60.0 % • The ongoing charges of the Fund are included in the calculation of past 36.336.2 31.2 29.9 40.0performance. The entry/exit and conversion fees are excluded from the 14.8 14.9 13.0 12.4 20.0calculation of the past performance. • The share class came into existence in 2016. 0.0 • Past performance has been calculated in EUR.-4.9 -5.2 -20.0 • Performance returns are based on the net asset value with distribuable-15.5 -15.4 income reinvested. -40.02018 20192020 2021 20222023 MSCI World SRI S-Series PAB 5% Capped UCITS ETF EUR Benchmark index A: 08/2017-09/2019: During this period, the benchmark index was "MSCI World ex Controversial Weapons (NTR) and the denomination of the Funds was MSCI WORLD EX CW" B: 09/2019 - 12/2021: During this period, the benchmark index was MSCI World SRI S-Series 5% Capped (NTR). Practical information • Custodian: BNP PARIBAS, Luxembourg Branch. • Further information about the Fund including the latest Prospectus, latest published prices of share(s), annual report and half yearly report may be obtained free of charge, in English, from BNP PARIBAS ASSET MANAGEMENT Luxembourg or online at . • Luxembourg tax legislation may have an impact on the personal tax position of the investor. • Details of the updated remuneration policy (including a description of how the remuneration and benefits are calculated), the identity of the people responsible for granting theremuneration andbenefits and thecomposition of the remuneration committee are available onthe website. A hard copy of the remuneration policy will be available upon request. • BNP PARIBAS ASSET MANAGEMENT Luxembourg may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the prospectus for the Fund. This Fund is authorised in Grand Duchy of Luxembourg and regulated by the "Commission de Surveillance du Secteur Financier". This key investor information is accurate as at 19 February 2024.