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 Nordea ETF, ICAV - BetaPlus Enhanced Global Sustainable Equity UCITS ETF - USD ACC ETF Share Class The Management Company is Nordea Investment Funds S.A., a company of the Nordea Group. ISIN: IE000ASNLWH9 Website: www.nordea.lu - Call +352 27 86 51 00 for more information. Nordea Investment Funds S.A. is authorised in Luxembourg and supervised by the Commission de Surveillance du Secteur Financier (CSSF). Nordea ETF, ICAV is a UCITS authorized in Ireland and supervised by the Central Bank of Ireland. Nordea Investment Funds S.A. exercises its freedom to provide services under Article 16 of Directive 2009/65/EC (the UCITS Directive) in respect of Nordea ETF ICAV. The document was published on 20/05/2026 What is this product? Type Investment Policy The fund will seek to achieve its investment objective by This product is a fund of Nordea ETF ICAV, an open-ended Irish collectiveprimarily investing its net assets in a portfolio of global equity and equity- asset management vehicle which is constituted as an umbrella fund with related securities that will be listed or traded on regulated markets. variable capital and segregated liability between its sub-funds and authorised Derivatives: The fund may use derivatives for hedging (reducing risks), by the Central Bank of Ireland as a UCITS within the meaning of the UCITSefficient portfolio management and to seek investment gains. More Regulations. information on the use of derivatives is available in the fund’s prospectus and Term accessible via www.nordea.lu. The fund is established for an unlimited duration. Usage of Total Return Swaps Usage : None expected The board of directors of Nordea ETF ICAV may compulsorily redeem or Techniques and Instruments Usage : None expected merge all the shares of the fund or share class. Circumstances under which Benchmark MSCI AC World Index (Net Return). such decision may occur are available in the fund's prospectus and accessibleBenchmark use The benchmark is used for performance comparison only and via www.nordea.lu. "Legal" section. the investment manager may freely select the securities that it will invest in. Objectives The benchmark is a broad market index which is not aligned with the Investment Objective The investment objective of the fund is to provide promotion of the environmental and/or social characteristics promoted by the investment growth over the long term. There is no guarantee that the fundfund. will achieve its investment objective. Responsible Investment The fund is promoting environmental and/or social Investment Strategy The fund will invest in equity and equity-relatedcharacteristics as per Article 8 of the EU Sustainable Finance Disclosure securities of companies selected by the investment manager with a particular Regulation (SFDR). The fund partly invests in sustainable investments. The focus on the companies’ sustainability characteristics, which is achievedfund considers principal adverse impacts on sustainability factors. Further through the integration of environmental, social, and governance factors by information is available in the fund's prospectus and on www.nordea.lu. applying ESG exclusions and ESG integration, and the companies’ ability to Redemption and Dealing: Any investor may redeem its shares in the fund on offer superior growth prospects and investment characteristics. The demand, on a daily basis. The shares are listed and traded on various stock Investment Manager actively manages the portfolio in a manner that the exchanges. In normal circumstances, only authorised participants may buy active risk and return level of the fund is expected to be moderate in relation and sell shares directly with the fund. Investors who are not authorised to the broad market, which is known as the “BetaPlus Enhanced” approach. participants (e.g. select financial institutions) can generally only buy or sell the The fund uses securities of global equity markets including developedshares on the secondary market (e.g. via a broker on a stock exchange) at the markets and emerging markets as the Initial Investment Universe (the “Initialthen prevailing market price. The prevailing market price at which the shares Investment Universe”). The fund will generally not actively invest in equity-trade on the secondary market may deviate from the value of the Shares. related securities other than American depositary receipts and globalIndicative net asset value is published on relevant stock exchanges websites. depositary receipts which may form part of the Initial Investment Universe Distribution policy: This share class is not distributing dividends. Income from from time to time. However, the fund may receive such equity-related investments is reinvested. securities, being warrants (which may or may not embed derivatives), rights, Base Currency: The fund is denominated in USD. Investments in this share options and swaps, as the result of corporate actions and, in such event, theclass settle as well in USD. Investment Manager will determine whether to hold or dispose of such Intended retail investor equity-related securities in the best interests of shareholders. As the first step The fund is intended for investors who accept and understand that the value in selecting investments for the fund, the Investment Manager applies theof the fund is directly linked to the value of underlying investments, will Responsible Investment Policy described in the prospectus under the heading fluctuate over time and that the invested amount can be lost entirely. The fund “Sustainability-related Disclosures” and subsequently the Investment is suitable for all types of investors through all distribution channels. Manager applies the enhanced fund-specific ESG exclusion filters (the “ESG Recommended Holding period: 5 years. The recommended holding period is Filters”) to the Initial Investment Universe. The ESG Filters applied by the primarily based on the historic volatility of the underlying investments and is Investment Manager are described in the fund’s prospectus supplement. Thenot directly applicable if used in a portfolio based on the investor's risk profile. second step in selecting the investments for the fund, following application of Practical Information the Responsible Investment Policy and the ESG Filters, is the assessment by Depositary: The fund depositary is JP Morgan SE - Dublin branch. the Investment Manager of the securities of the reduced Initial Investment Further information: This Key Information Document is prepared for a share Universe using traditional financial metrics such as risk and valuation to select class. Assets and liabilities of each fund of Nordea ETF ICAV are segregated, securities for investment by the fund with a view to overweighting securities meaning that your investment in this fund is only impacted by profits and that the Investment Manager expects to outperform global equity markets losses in this fund. Other share classes are available for this fund. You may and underweighting securities expected to underperform global equity exchange your investment in share (s) of this fund for investment in share(s) markets. The fund targets a return above the global equity market of another -fund of Nordea ETF ICAV. You can find detailed information on notwithstanding the application of the Responsible Investment Policy and www.nordea.lu "Funds" section such as a copy of the Nordea ETF ICAV ESG Filters. prospectus and periodic financial reports in English, as well as daily NAV prices of available share classes free of charge. What are the risks and what could I get in return? Risk Indicator 1 2 3 4 5 67 Lower riskHigher risk 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 might 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 Fund as 4 out of 7, which is a medium risk class. This rates the potential losses from future performance at a medium level, and poor market conditions could impact the Fund's capacity to pay you. Be aware of currency risk. In some circumstances 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. For more information on risks the fund is exposed to, please refer to the section "Risk Descriptions" of the prospectus. Other risks materially relevant to the PRIIP not included in the summary risk indicator: Derivatives risk, Emerging and frontier markets risk. This product does not include any protection from future market performance so you could lose some or all of your investment. Performance Scenarios 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: 5 years Example Investment: USD 10 000 Scenarios Scenarios If you exit after 1 year If you exit after 5 yearsThere is no minimum guaranteed return. You could lose some or all Minimum- -of your investment. What you might get back after costsUSD 3 780 USD 3 460 Stress Average return each year -62.19% -19.14% What you might get back after costsUSD 7 780 USD 11 850 Unfavourable Average return each year -22.19% 3.46% What you might get back after costs USD 11 480 USD 17 390 Moderate Average return each year 14.84% 11.71% What you might get back after costs USD 15 260 USD 20 300 Favourable Average return each year 52.62% 15.21% 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. The stress scenario shows what you might get back in extreme market circumstances. Unfavourable scenario: This type of scenario occurred for an investment (and benchmark) between 2017 - 2022. Moderate scenario: This type of scenario occurred for an investment (and benchmark) between 2019 - 2024. Favourable scenario: This type of scenario occurred for an investment (and benchmark) between 2020 - 2025. What happens if Nordea Investment Funds S.A. is unable to pay out? In the event of our insolvency, the fund's assets in the safekeeping of the depositary will not be affected. However, in the event of the insolvency of the depositary, or someone acting on its behalf, the fund may suffer a financial loss, which will not be covered by any investor compensation or a guarantee scheme. However, this risk is mitigated by the fact that the depositary is required by law and regulation to segregate its own assets from the assets of the Fund. 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 periods, we have assumed the product performs as shown in the moderate scenario. USD 10 000 is invested. Costs over time If you exit after 1 year If you exit after 5 years Total costs USD 28 USD 217Annual cost impact (*) 0.3%0.3% 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 12.0 % before costs and 11.7 % after costs. Composition of costs One-off costs upon entry or exitWhat are the costs? If you exit after 1 year In the fund's prospectus a maximum fee of 5.00% is stated. This fee is not charged by Entry costs the Management Company but this is the maximum the person selling you the product Up to USD 500 may charge. In the fund's prospectus a maximum fee of 3.00% is stated. This fee is not charged by Exit costs the Management Company but this is the maximum the person selling you the productUSD 284 may charge. Ongoing costs taken each year What are the costs? If you exit after 1 year Management fees and other administrative or 0.25% of the value of your investment per year. This is an estimate based on actualUSD 25 operating costs costs over the last year, or on expected costs (new share class). 0.03% of the value of your investment per year. This is an estimate of the costs Transaction costs incurred when we buy and sell the underlying investments for the product. The actual USD 3 amount will vary depending on how much we buy and sell. Incidental costs taken under specific conditionsWhat are the costs? If you exit after 1 year Performance fees (and carried interest) There is no performance fee for this product. USD 0How 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 ETF Shares issued in respect of this fund will be listed and/or traded on the relevant stock exchanges. It is envisaged that ETF Shares will be bought and sold by private and institutional investors in the secondary market. Only Authorised Participants may subscribe for and redeem ETF Shares in the fund directly with the ICAV in accordance with the section of the Prospectus entitled “Procedures for Subscriptions and Redemptions. Redemption requests received by the administrator, J.P. Morgan International Fund Administration Services Limited, before the cut-off time on any dealing day will be processed that day. The share price will be the net asset value calculated for the day on which the transaction request is processed. Redemption requests received after the cut- off will be processed on the next applicable dealing day. More information regarding the redemption and valuation processes is available in the fund's prospectus and accessible via www.nordea.lu. The Management Company may apply liquidity management tools ("LMTs") that could affect your ability to redeem your investment, the timing of your redemption, or the amount you pay for subscription or receive for redemption. These tools may include suspension of subscriptions, repurchases and redemptions, redemption gate, swing pricing and redemption in kind. The selection of applicable tools, their conditions of use and maximum level are detailed in the fund's prospectus. How can I complain? Complaints about the product can be submitted in writing : By filling the form available on Nordea.lu or by post to: Nordea Investment Funds S.A., Attention: Compliance Officer, 562 rue de Neudorf, L-2220 Luxembourg Grand Duchy of Luxembourg. Other relevant information Daily shares prices are available on www.nordea.lu. Information on past performance over the past 0 years and previous performance scenarios of the share class is available at: - https://docs.data2report.lu/documents/KID_PP/KID_annex_PP_Nordea_IE000ASNLWH9_en.pdf. - https://docs.data2report.lu/documents/KID_PS/KID_annex_PS_Nordea_IE000ASNLWH9_en.pdf. Past performance is not a guide to future returns. Therefore, your investment may be at risk and you may not get back the returns illustrated.