Key Information Document ('KID') 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 Name of Fund: L&G Multi-Strategy Enhanced Commodities UCITS ETF

This PRIIP is authorised in Ireland Share class name: USD Distributing ETFWebsite: www.lgim.com Manufacturer name: LGIM Managers (Europe) Limited, part of the Legal & GeneralTelephone: +44 (0) 203 124 3180 Group Regulator: Central Bank of Ireland Share class ISIN: IE000IYBMW97Production date: 2025-02-25

What is this product? Type: This investment fund is a sub-Fund of Legal & General UCITS ETF Plc (the "Company"), an umbrella investment company with variable capital and

segregated liability between Funds. The Fund is authorised in Ireland and regulated by the Central Bank of Ireland. Term: There is no fixed maturity date. Objectives:

The Fund is a passively managed exchange traded Fund that aims to track the performance of the Barclays Backwardation Tilt Multi-Strategy

Capped Total Return Index (the "Index"), subject to the deduction of the ongoing charges and other costs associated with operating the Fund.

Shares in this Share Class (the "Shares") are denominated in USD and can be bought and sold on stock exchanges by ordinary investors using an

intermediary (e.g. a stockbroker). In normal circumstances, only Authorised Participants may buy and sell Shares directly with the Company.

Authorised Participants may redeem their Shares on demand in accordance with the "Dealing Timetable" published on http://www.lgim.com.

The index provides a return equivalent to a fully "collateralised" investment in a diversified portfolio of commodity "futures contracts" across the

following sectors: (1) Energy; (2) Precious Metals; (3) Industrial Metals; (4) Livestock; and (5) Agriculture. The exposure to futures contracts of

individual commodities within the Index is based on certain characteristics historically exhibited by such commodities and they are weighted

according to their relative "liquidity" (a measure of how actively a commodity has historically traded), "economic significance" (determined by

reference to historical production levels) and expected roll return (determined from futures contract prices). The Index return is comprised of:

(1) the "spot" return which reflects the day-to-day changes in the prices of the commodity futures contracts; (2) the "roll" return associated with

periodically selling the futures contracts that are nearing their expiry dates with later-dated equivalents in order to maintain exposure to the

commodity futures on an ongoing basis); and (3) the "collateral" return which reflects the interest that a commodity investor would earn where

they deposit with a bank (for safe-keeping) the cash that they will need to settle the contract at the future delivery date. A "futures contract" is

an agreement to buy or sell a certain amount of an asset (such as a commodity) at a certain date in the future at a price that is agreed upon

today.

In order to provide the Share Class with exposure to the Index, the Company will primarily enter into "total return swap" agreements with one or

more "swap counterparties" (i.e. investment banks) pursuant to which the Share Class receives the financial performance of the Index from the

swap counterparties in return for a fee. Under the swap agreements, the Share Class receives payments from the swap counterparties when the

Index increases and makes payments to the swap counterparties when the Index decreases. Swaps enable the Share Class to efficiently track the

upward or downward performance of the Index without having to purchase the commodity futures contracts comprised in the Index. The swap

arrangements are "unfunded" which means that the Fund retains all investor subscription money (rather than transferring it to the swap

counterparty) and invests it in a diversified portfolio of low risk assets. This Share Class aims to pay quarterly dividends out of the Fund’s net

income by electronic transfer.

The depositary of the Fund is the Bank of New York Mellon SA/NV, Dublin Branch. Further information about the Fund and the share class can be

obtained from the Company’s prospectus and the annual and semi-annual reports, which are available, in addition to the latest prices for the

share class and details of any other share classes, free of charge at: www.lgim.com. Intended

The Fund is designed for investors: (1) looking to grow their money in an investment which can form part of their existing savings portfolio; and retail(2) familiar with commodity futures contracts and the particular features of the Index, including spot, roll and collateral return. Although investor: investors can take their money out at any time, the Fund may not be appropriate for those who plan to withdraw their money within five years.

The Fund is not designed for investors who cannot afford more than a minimal loss of their investment. What is the risk and what could I get in return?

1

2

3

4

5

6 7The summary risk indicator is a guide to the level of risk of this productcompared to other products. It shows how likely it is that the product will Typically Lower rewards Typically higher rewards

lose money because of movements in the markets or because we are notable to pay you. Lower Risk

Higher Risk

We have classified this product as 4 out of 7, which is a medium risk class.The risk indicator assumes you keep the product for 5 year(s).

This classification rates the potential losses from future performance at aThe actual risk can vary significantly if you cash in at an early

medium level, and poor market conditions could impact the value of yourstage and you may get back less.investment. Any other risks materially relevant to the PRIIP not included inYou may not be able to sell your product easily or you may have the summary risk indicator are described in the Fund supplement and/orto sell at a price that significantly impacts on how much you get

Prospectus. The lowest category does not mean risk free.back.

The prices of the futures contracts comprised in the Index may fluctuaterapidly based on numerous factors, including supply and demandrelationships, weather, agriculture, trade, economic or political events,technological developments, interest rates and governmental policies.The value of the Fund may be affected by risks not in the SRI, includingfailure of a swap counterparty, custodian, issuer or index provider andderivative use. This product does not include any protection from future market performance so you could lose some or all of your investment. Be aware of currency risk. You may 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. The Fund is not covered by an investor compensation scheme.

Performance scenarios The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product with input from benchmark(s)/proxy over the last 10 years. Markets could develop very differently in the future. 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. Investment USD 10,000.00

5 years (Recommended holding Scenarios

1 yearperiod) Minimum There is no minimum guaranteed return. You could lose some or all of your investment. Stress scenario*What you might get back after costs

6,250 USD

5,110 USD Average return each year-37.5%

-12.6% Unfavourable scenario** What you might get back after costs

7,990 USD

7,800 USD Average return each year-20.1%

-4.8% Moderate scenario***What you might get back after costs 10,310 USD 17,860 USD Average return each year

3.1%

12.3% Favourable scenario**** What you might get back after costs 16,450 USD 22,940 USD Average return each year 64.5%

18.1%

* The Stress scenario shows what you might get back in extreme market circumstances. **The Unfavourable scenario was simulated based on the appropriate benchmark used for an investment between 04-2015 and 04-2020. *** The Moderate scenario was simulated based on the appropriate benchmark used for an investment between 03-2018 and 03-2023. **** The Favourable scenario was simulated based on the appropriate benchmark used for an investment between 05-2017 and 05-2022. This table shows the money you could get back over the next 5 year(s), under different scenarios, assuming that you invest 10,000.00 USD. 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 happens if LGIM Managers (Europe) Limited is unable to pay out? If LGIM Managers (Europe) Limited defaults, investors in the Fund would not face any financial losses. However, the value of an investment and any income taken from it is not guaranteed and can go down as well as up, you may not get back the amount you originally invested. The fund is not covered by an investor compensation scheme.

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. The Reduction in Yield (RIY) shows what impact the total costs you pay will have on the investment return you might get. The total costs take into account one-off, ongoing and incidental costs. The amounts shown here are the cumulative costs of the product itself, for the holding period(s). They include potential early exit penalties. The figures assume you invest 10,000.00 USD. The figures are estimates and may change in the future. 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 and how long you hold the product. The amounts shown here are illustrations based on an example investment amount and different possible investment periods. We may share part of the costs with the person selling you the product to cover the services they provide to you. They will inform you of the amount. 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 10,000.00 is invested. Investment USD 10,000.00

If you cash in after 1 year

If you cash in after 5 years Total costs 43 USD385 USD Impact on return (RIY) per year (*)0.4%

0.5%

(*) 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 12.8% before costs and 12.3% after costs.

Composition of costs The table below shows: - The impact each year of the different types of costs on the investment return you might get at the end of the recommended holding period. - What the different cost categories mean.

One-off costs upon entry or exit If you exit after 1

year Entry costs0.00% There is no entry fee for this product.

0 USD

Exit costs 0.00% There is no exit fee for this product.

0 USD Ongoing costs taken each year Management fees and other

0.23% of the value of your investment per year.23 USD administrative or operating costs Transaction costs

0.19% of the value of your investment per year. This is an estimate of the costs incurred when 20 USDwe buy and sell the underlying investments for the product. The actual amount will varydepending on how much we buy and sell. Incidental costs taken under specific conditions Performance fees and carried

0.00% There is no performance fee for this product.0 USD interest

How long should I hold it and can I take my money out early? An investor can hold their investment for any time period but 5 year(s) is recommended. The recommended holding period of 5 years has been selected for illustrative purposes for a product with a medium to long-term investment horizon. There is no minimum (or maximum) holding period for the fund and you can redeem your investment any time in accordance with the fund prospectus, however you may receive less than expected if you cash in earlier than the RHP. If you are in any doubt about the suitability of the product to meet your needs, you should seek professional advice. The Shares can be sold by ordinary investors using an intermediary (e.g. a stockbroker) when the markets on which they trade are open. An intermediary is likely to apply a commission to purchases and sales. Please see “What are the costs?" section for details of any exit fees. The above mentioned period has been defined in accordance to the product characteristics.

How can I complain? Complaints can be made in writing to LGIM Managers (Europe) Ltd, 70 Sir John Rogerson's Quay, Dublin 2, DO2 R296, Ireland or by submitting your complaint via the contact us section of the website https://www.legalandgeneral.com/contact-us/ or by email to complaints@lgim.com.

Other relevant information Further information about the Fund including previous performance scenarios required under PRIIPs regulation can be found at www.lgim.com. There is insufficient data to provide a useful indication of past performance. This Key Investor Document is updated at least every 12 months. If you are in any doubt about the action you should take, you should seek independent financial advice.