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 iBoxx Germany Covered Bond Swap UCITS ETF Share class: 1C, ISIN: LU0321463506, Security code: DBX0AX, 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 rebalanced monthly. INVESTMENT POLICY: To achieve the aim, aim is for your investment to reflect the performance of the IBOXX € the fund will invest in transferable securities and enter into financial GERMANY COVERED® Index (index). DESCRIPTION OF INDEX: contracts (derivatives) with one or more swap counterparties The index reflects certain types of tradeable debt (bonds)relating to the transferable securities and the index, in order to denominated in Euro or pre-Euro currencies issued by German obtain the return on the index. FURTHER INFORMATION: Certain entities which are governed by rules designed to protect information (including the latest share prices of the fund, indicative bondholders (covered bonds). The composition of the index is net asset values, full disclosure on the composition of the fund's rebalanced according to a pre-set methodology. For bonds to beportfolio and information on the index constituents) are available on included in the index on a monthly rebalancing date, they must, onyour local DWS website or at www.Xtrackers.com. Transaction the relevant rebalancing date, have a remaining time to maturity of costs and taxes, unexpected fund costs and market conditions such at least one year. The bonds must have a fixed rate of interest and as volatility or liquidity issues may affect the ability of the fund to must be part of an issue of debt which has at least €1 billiontrack the index. The anticipated level of tracking error in normal outstanding. INDEX REBALANCING, CALCULATION AND market conditions is 1 per cent. The currency of the fund is EUR. ADMINISTRATION: The index is calculated on a total return basis Returns and gains are not distributed but are reinvested in the fund. which means that amounts equivalent to interest payments on the You may request the redemption of shares generally on a daily bonds are reinvested in the index. The index is administered by IHS basis. Markit Benchmark Administration Limited and reviewed and Risk and reward profile Lower risk Higher risk company which may involve conflicts of interest. NO GUARANTEE RISK: The fund is not guaranteed and your investment is at risk. Potentially lower reward Potentially higher reward The value of your investment may go down as well as up. 1 2 3 456 7CURRENCY RISK: Fluctuations in interest rates of the currency of the shares, the index or the other assets of the fund may affect the The calculation of the risk and reward profile is based on historical value of your investment. BONDS RISK: The index provides a data that cannot be used as a reliable indicator for the future risk notional exposure to the value and/or return of certain bonds which profile. This risk indicator is subject to changes; the classification of may fall. Markets in these asset classes may at times become the fund may change over time and cannot be guaranteed. Even avolatile or illiquid. This means that ordinary trading activity may fund that is classified in the lowest category (category 1) does not occasionally be disrupted or impossible. The relevant index may be represent a completely risk-free investment. The fund is classified affected. REGION CONCENTRATION RISK: The fund is exposed in category 3 because its share price fluctuates comparatively little to bond market movements in a single country or region which may and the likelihood of both losses and gains is therefore relatively be adversely affected by political or economic developments, low. The following risks could be of particular significance for the government action or natural events that do not affect a fund fund: The fund does not invest directly in the components of the investing in broader markets. CREDIT RISK & INTEREST RATE index and its returns will be dependent on the performance of the RISK: The fund may invest in bonds which are exposed to credit bonds and/or cash deposits and the performance of the derivatives risk and interest rate risk. Credit risk means that there is a risk that used. COUNTERPARTY RISK: The fund will enter into a derivativethe bond issuer may be unable to pay interest or repay the bond with one or more counterparties. If any of the counterparties fails toprincipal, resulting in your investment suffering a loss. Interest rate make payment (for example, it becomes insolvent) this may result risk means that if interest rates rise, typically the value of the bond in your investment suffering a loss. CONFLICTS OF INTERESTwill fall, which could also affect the value of your investment. RISK: DWS entities and related companies may act in several A more detailed description of risks and other general information roles in relation to the fund such as distributor and management 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 iBoxx Germany Covered Bond Swap UCITS ETF were deductedduringthe calculation. The 1C share class of Xtrackers II iBoxx Germany Covered Bond Swap UCITS ETF was launched in 2007. 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.