Fidelity Clean Energy UCITS ETF Accumulating USD Shares 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.

Product Fidelity Clean Energy UCITS ETF Accumulating USD Shares FIL Investment Management (Luxembourg) S.A., Ireland Branch

Central Bank of Ireland (CBI) is responsible for supervising FIL ISIN: IE0002MXIF34Investment Management (Luxembourg) S.A., Ireland Branch in https://www.fidelity.lu

relation to this key information document. Call +352 250 4041 for further information.

This PRIIP is authorised in Ireland. FIL Investment Management (Luxembourg) S.A., Ireland Branch is a

FIL Investment Management (Luxembourg) S.A., Ireland Branch is member of the Fidelity group of companies the Irish branch of FIL Investment Management (Luxembourg) S.A.,

which is authorised in Luxembourg and regulated by Commission

de Surveillance du Secteur Financier (CSSF).

Publication date: 24/05/2024

What is this product? Type

desirable ESG characteristics. Shares of a sub-fund of Fidelity UCITS ICAV, an Undertaking for

The Index also applies an ESG controversies screen to exclude Collective Investment in Transferable Securities (UCITS). certain issuers based on data rating controversies depending on SFDR product category: Article 8 (promotes environmental, social

their impact on the environment and society as well as the risks to and governance ("ESG") characteristics).

the issuer’s business.

For more information on the Index, please refer to the publicly Term

available index methodology at https://moorgatebenchmarks.com. This fund is open-ended.

Benchmark: Fidelity Clean Energy ESG Tilted Index NR. Used for:

index tracking. ObjectivesBase Currency: USD

Additional information: You may sell (redeem) some or all of your Objective: The fund aims to provide investors with a total netshares on any Valuation Day. return, taking into account both capital and income returns, whichAs this is a non-distributing share class, dividends are re-invested. reflects, before fees and expenses, the return of the Fidelity Clean

This key information document describes a sub-fund of Fidelity Energy ESG Tilted Index NR (the ‘‘Index’’).

UCITS ICAV. A separate pool of assets is invested and maintained Investment Policy: The investment policy of the fund is to track the

for each sub-fund of Fidelity UCITS ICAV. The assets and liabilities performance of the Index as closely as possible, regardless ofof the fund are segregated from those of other sub-funds and whether the Index level rises or falls, while seeking to minimise as

there is no cross-liability among the sub-funds. far as possible the tracking error between the fund’s performance For more information, please consult the prospectus and latest and that of the Index.reports and accounts which can be obtained free of charge in The fund will aim to replicate the Index by holding all of the Index

English and other main languages from FIL Investment securities in a similar proportion to their weighting in the Index.

Management (Luxembourg) S.A., Ireland Branch. These documents The fund may use derivatives for efficient portfolio management

and details of the Remuneration Policy are available via and currency hedging purposes.www.fil.com. The Net Asset Value of the fund is available at the Investment Process: The fund uses a benchmark ‘‘index tracking’’

registered office of Fidelity UCITS ICAV, and at (also known as ‘‘passive’’) investment management approach by www.fidelityinternational.com. Information regarding portfolio tracking the Index.

holdings and the indicative net asset value is at available at The Index is designed to reflect the performance of a global

www.fidelityinternational.com. universe of companies that distribute, produce or provide Depositary: Brown Brothers Harriman Trustee Services (Ireland) technology or equipment to support the production of energy from

Limited. solar, wind, hydrogen and other renewable sources (the “Index Theme”). The Index comprises equity securities of the relevantIntended retail investor companies who are positioned to benefit from the increased demand for clean energy.

This product may appeal to investors with a basic knowledge of To be eligible to be included in the Index, stocks must pass aand no or limited experience of investing in funds, who plan to screen particular to the Index Theme, meeting certain hold their investment for a recommended holding period of at theme-specific criteria.

least 4 years, who seek capital growth over the recommended The Index also applies ESG screens and integrates ESG ratings in

holding period and income; and who understand the risk of losing the index construction as part of its methodology so that a

some or all the capital invested. minimum of 50% of its constituents are deemed to maintain 1/3 Fidelity Clean Energy UCITS ETF Accumulating USD Shares What are the risks and what could I get in return? Risk Indicator 1

23

456 7 Lower riskHigher risk

The risk indicator assumes you keep the product for 4 years.

The actual risk can vary significantly if you cash in at the 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 capacity to pay you. Be aware of currency risk. You will receive payments in a different currency, so the final return you will get depend on the exchange rate between the two currencies. This risk is not considered in the indicator shown above. Additional risks: none. This product does not include any protection from future market performance so you could lose some or all of your investment. If FIL Investment Management (Luxembourg) S.A., Ireland Branch is not able to pay you what is owed, you could lose your entire investment. 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. The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product and a suitable benchmark over the last 10 years. Markets could develop very differently in the future. Recommended holding period: 4 years Example investment : USD 10,000

If you exit after 1 year

If you exit after 4 years Scenarios Minimum

There is no minimum guaranteed return. You could lose some or all of your investment. Stress

What you might get back after costs 1,080 USD

1,350 USD

Average return each year -89.2%

-39.4% Unfavourable What you might get back after costs 6,530 USD

4,920 USD

Average return each year -34.7% -16.3% Moderate What you might get back after costs

10,690 USD

18,580 USD

Average return each year

6.9%

16.7% Favourable

What you might get back after costs

24,720 USD

37,500 USD

Average return each year147.2%

39.2% The stress scenario shows what you might get back in extreme market circumstances. The unfavourable scenario occurred for an investment between 01/2021 and 01/2024. The moderate scenario occurred for an investment between 06/2016 and 06/2020. The favourable scenario occurred for an investment between 01/2017 and 01/2021.

What happens if FIL Investment Management (Luxembourg) S.A., Ireland Branch is unable to pay out? The assets and liabilities of this product are segregated from those of FIL Investment Management (Luxembourg) S.A., Ireland Branch. There is no cross-liability between these entities, and the product would not be liable if FIL Investment Management (Luxembourg) S.A., Ireland Branch or any delegated service provider were to fail or default. Shares of this product are traded on a stock market and settlement of such transactions are not affected by the position of FIL Investment Management (Luxembourg) S.A., Ireland Branch. This product does not participate in an investor compensation scheme. 2/3 Fidelity Clean Energy UCITS ETF Accumulating USD Shares What are the costs? The person selling you or advising you about this product may charge you other costs. If so, this person will provide you with information about these costs, and show you the impact that all costs will have on your investment over time. 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 periods we have assumed the product performs as shown in the moderate scenario. • USD 10,000 is invested.

If you exit after 1 year

If you exit after 4 years Total costs 53 USD 318 USD Annual cost impact (*)0.5%

0.6% each year

(*)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 17.4% before costs and 16.7% after costs. Composition of Costs One-off costs upon entry or exit

If you exit after 1 year Entry costsWe do not charge an entry fee. 0 USD Exit costs We do not charge an exit fee for this product. 0 USD Ongoing costs taken each year Management fees and other

0.50% of the value of your investment per year. This is an estimate based

50 USD administrative or operating costs

on actual costs over the last year.0.03% of the value of your investment per year. This is an estimate of thecosts incurred when we buy and sell the underlying investments for the Transaction costs 3 USDproduct. The actual amount will vary depending on how much we buyand sell. Incidental costs taken under specific conditions Performance fees

There is no performance fee for this product.

0 USD Authorised participants dealing directly with the fund may pay an entry charge up to 5% and an exit charge up to 3%. Although not charged directly to investors who are not authorised participants, these charges may have an impact on brokerage fees, transaction fees and/or the "bid-ask" spread.

How long should I hold it and can I take money out early? Recommended holding period: 4 years The recommended holding period is based on our assessment of the risk and reward characteristics and costs of the product. Order Processing: The shares are listed and traded on various stock exchanges. Investors who are not authorised participants can generally only buy or sell the shares on those stock exchanges at the then prevailing market price. In normal circumstances, authorised participants may buy and sell shares directly with the fund, by submitting orders by 6:00 PM CET (5:00 PM Irish time) on the Business Day that is prior to the relevant Dealing Day. Such orders are ordinarily processed at the NAV for that Dealing Day.

How can I complain? If you wish to make a complaint about this product or the conduct of FIL Investment Management (Luxembourg) S.A., Ireland Branch please visit www.fidelityinternational.com. Alternatively, write to FIL Investment Management (Luxembourg) S.A., Ireland Branch, George’s Quay House, 43 Townsend Street, Dublin 2, Ireland or fidelity.ce.crm@fil.com. If you have a complaint about the person who advised you about this product, or who sold it to you please contact them for their complaints process.

Other relevant information You may find the prospectus, statutes, key investor documents, notices to investors, financial reports, and further information documents relating to the product including various published policies of the product on our website www.fidelityinternational.com. You may also request a copy of such documents at the registered office of FIL Investment Management (Luxembourg) S.A., Ireland Branch. Further information in respect of the past performance of the product including previous performance scenario calculations which are published monthly may be found at www.fidelity.ie. Performance information of the product for the past 10 years is available at www.fidelity.ie. 3/3