Key Information Document Purpose This document provides you with key information about this investment product. It is not marketing material. The information is required by law to help you understand the nature, risks, costs, potential gains and losses of this product and to help you compare it with other products. Global X Solar UCITS ETF a sub-fund of Global X ETFs ICAV USD Accumulating Share Class (IE000XD7KCJ7) Manufacturer: Global X Management Company (Europe) Limited, part of the Global X group of companies. The Central Bank of Ireland is responsible for supervising Global X Management Company (Europe) Limited in relation to this Key Information Document. This PRIIP is authorised in Ireland. Global X Management Company (Europe) Limited is authorised in Ireland and regulated by the Central Bank of Ireland. For more information on this product, please visit www.globalxetfs.eu, email europe@globalxetfs.com or call : +44 (0)20 4529 2551. This document was produced on 12 January 2024. What is this product? Type: other electric devices. This product is a UCITS fund. Solar Installation, Integration & Maintenance: Companies that provide engineering and/or advisory services for the installation, integration, Term: maintenance, and/or utilization of solar power at the residential, This is an Open Ended Fund. commercial, and industrial levels. Objectives: For Accumulating Shares, income will be automatically reinvested in the The investment objective of the Fund is to provide investment results that Fund and reflected in the NAV per share. closely correspond, before fees and expenses, generally to the price and yield performance of the Solactive Solar v2 Index (the “Index”).Investors can buy and sell shares of the Fund on each business day. The Fund is an ESG Fund, classified as an Article 8 fund pursuant toBusiness day means a day on which the New York Stock Exchange and SFDR, and promotes environmental characteristics by focusing on London Stock Exchange are open for normal business. investments in Solar Companies (as defined below) through replicating the Index. For more information about the investment policy and strategy of the Fund, The Index is designed to provide exposure to companies that are please refer to the sections entitled “Investment Objective” and “Investment positioned to benefit from further advances in the field of solar technology. Policy” in the Fund’s supplement. Fund documents including the Specifically, the Index consists of securities issued by “Solar Companies” Prospectus, Supplement and the latest annual and half-yearly reports are as defined by Solactive AG, the Index Provider. “Solar Companies” are available free of charge in English. These can be found, along with other those companies that derive at least 50% of their revenues from the information, such as share prices and classes, on the Fund's website at following business activities: www.globalxetfs.eu. Solar Energy Materials: Companies involved in the production of raw materials that are primarily used in photovoltaic solar cells orThe depositary is SEI Investments - Depositary and Custodial Services concentrating solar-thermal mirrors or lenses (including silicon, cadmium (Ireland) Limited. telluride, copper indium gallium deselenide, titanium dioxide, and/or perovskite).This document describes a sub-fund of the UCITS. The Prospectus and Solar Energy Systems & Components: Companies involved in theperiodic reports are prepared in respect of the entire UCITS. The assets development and/or manufacturing of solar energy systems (and the and liabilities of each sub-fund of the UCITS are segregated by law, and so components thereof) that harness energy from the photovoltaic effect or the assets of one sub-fund cannot be used to discharge the liabilities of from sunlight to generate electricity. For example, a company involved in another sub-fund. the production of solar panels may be categorized as having business activities related to Solar Energy Systems & Components. Solar panels Intended retail investor: consist of an arrangement of solar photovoltaic cells mounted in a This Fund is intended for investors who want to take a long or short-term framework for installation. exposure to the market covered by the index of the Fund and would be Solar Power Production: Companies that generate and distribute prepared to take on a medium level of risk assoicated with an investment of electricity from light energy. this type, including potential volatiltiy of such market. Such an investor must Solar Technology: Companies that develop commercial and residential also be one that is able to assess the merits and risks of an investment in infrastructure, generators, and engines powered by solar energy, as wellthe Shares of the relevant Class of the Fund. as residential and commercial scale batteries for electricity produced from solar power, and solar-powered charging systems for electric vehicles or What are the risks and what could I get in return? Risk Indicator ability for you to receive a positive return on your investment. Be aware of currency risk. You will receive payments in a different Lower risk Higher risk currency, so the final return you will get depends on the exchange rate between the two currencies. This risk is not considered in the indicator shown above. This product does not include any protection from future market performance so you could lose some or all of your investment. If we are1 2 3 4 5 6 7 not able to pay you what is owed, you could lose your entire investment. For other risks materially relevant to the product which are not taken into account in the summary risk indicator, please read the Prospectus and Supplement available at www.globalxetfs.eu. The risk indicator assumes you keep the product for 5 years. The actual risk can vary significantly if you cash in at an early stage and you may get back less. The summary risk indicator is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you. We have classified this product as 5 out of 7, which is a medium-high risk class. This rates the potential losses from future performance at a medium-high level, and poor market conditions will likely impact the Page 1 of 3 | Key Information Document | 12 January 2024 Global X Solar UCITS ETF, a sub-fund of Global X ETFs ICAV - USD Accumulating Share Class (IE000XD7KCJ7) Performance scenarios The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor / and includes the costs of your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of Global X Solar UCITS ETF over the last 10 years. The stress scenario shows what you might get back in extreme market circumstances. What you will get from this product depends on future market performance. Market developments in the future cannot be accurately predicted. The scenarios shown are only an indication of some of the possible outcomes based on recent returns. Actual returns could be lower.Recommended Holding Period: 5 yearsInvestment: USD 10,000 ScenariosIf you exit after 5 years If you exit after 1 year Minimum: There is no minimum guaranteed return if you exit before 5 years(recommended holding period) Stress What you might get back after costs 920 USD 940 USD Average return each year-90.76% -37.69% Unfavourable¹ What you might get back after costs6,570 USD 5,550 USD Average return each year -34.35% -11.09% Moderate² What you might get back after costs11,500 USD 20,900 USD Average return each year 14.97% 15.89% Favourable³What you might get back after costs17,200 USD 29,950 USD Average return each year 72.04% 24.53% ¹ This type of scenario occurred for an investment between July 2022 and September 2023. ² This type of scenario occurred for an investment between December 2017 and December 2022. ³ This type of scenario occurred for an investment between June 2016 and June 2021.What happens if Global X Management Company (Europe) Limited, part of the Global X group of companies is unable to pay out? You may face a financial loss should the manufacturer or depositary/custodian, SEI Investments – Depositary and Custodial Services (Ireland) Limited, default on their obligations. There is no compensation or guarantee scheme in place which may offset, all or any of, this loss. What are the costs? The 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. Costs over time The tables show the amounts that are taken from your investment to cover different types of costs. These amounts depend on how much you invest, how long you hold the product and how well the product does. The amounts shown here are illustrations based on an example investment amount and different possible investment periods. We have assumed, in the first year you would get back the amount that you invested (0 % annual return). For the other holding period, we have assumed the fund performs as shown in the moderate scenario and the investment is USD 10,000. Investment: USD 10,000 If you exit after 1 yearIf you exit after 5 years Total costs 86 USD 824 USD Annual cost impact (*) 0.9%0.9% (*) This illustrates how costs reduce your return each year over the holding period. For example it shows that if you exit at the recommended holding period your average return per year is projected to be 16.8% before costs and 15.9% after costs. Page 2 of 3 | Key Information Document | 12 January 2024 Global X Solar UCITS ETF, a sub-fund of Global X ETFs ICAV - USD Accumulating Share Class (IE000XD7KCJ7) Composition of costs One-off costs upon entry or exitIf you exit after 1 year None * * Secondary market investors (Investors dealing on a stock exchange) may payEntry costsfees charged by their stockbrokers. Such charges, if any, can be obtained from0 USD stockbrokers. Authorised participants dealing directly with the Fund will pay related transaction costs related to their subscriptions and redemptions. None * * Secondary market investors (Investors dealing on a stock exchange) may payExit costs fees charged by their stockbrokers. Such charges, if any, can be obtained from0 USD stockbrokers. Authorised participants dealing directly with the Fund will pay related transaction costs related to their subscriptions and redemptions. Ongoing costs taken each year If you exit after 1 year0.5% of the value of your investment per year. This is an estimate of the costsManagement fees and other incurred when we buy and sell the underlying investments for the product. Theadministrative or operatingactual amount will vary depending on how much we buy and sell. The annual50 USDcosts management fee for this product is 0.5%. 0.4% of the value of your investment per year. This is an estimate of the costs incurred when we buy and sell the underlyingTransaction costs investments for the product. The actual amount will vary depending on how much 36 USD we buy and sell. Incidental costs taken under specific conditionsIf you exit after 1 year Performance feesThis product does not have any performance fees. 0 USDHow long should I hold it and can I take money out early? Recommended holding period: 5 years This product has no required minimum holding period but is designed for long term investment; you should be prepared to stay invested for at least 5 years. The 5 years has been calculated to be in line with the time frame which the Product may need in order to achieve its investment objectives. You may sell your shares in the product, without penalty, on any day on which the banks are normally open for business in Ireland and on which the New York Stock Exchange and London Stock Exchange are open for normal business. The value of your investments may go down as well as up irrespective of the period you are holding your investments, depending on such factors as the performance of the Fund, movements in stock and bond prices, and conditions in financial markets generally. Please contact your broker, financial adviser or distributor for information on any costs and charges relating to the sale of the shares.How can I complain? If you have any complaints about the product, the conduct of the manufacturer or the person advising on the product, complaints can be lodged free of charge via the following methods: i. Phone: +44 (0)20 4529 2551 ii. E-mail: complaints@globalxetfs.com iii. Mail: 10 Earlsfort Terrace, Dublin 2, Ireland iv. Online: www.globalxetfs.eu/ You also have the right to refer the relevant complaint to the Financial Services and Pensions Ombudsman after following the Fund’s complaints process if you are still not satisfied with the response received. Further information on the complaints policy relating to the Fund is available from www.globalxetfs.eu.Other relevant information We are required to provide you with further documentation, such as the product’s latest prospectus, past performance annual and semi-annual reports. These documents and other product information are available online at https://globalxetfs.eu/priips-performance/. To view the fund’s historical performance and previous scenarios, please visit: www.globalxetfs.eu. Data on past performance is available for up to a maximum of 10 years. Page 3 of 3 | Key Information Document | 12 January 2024