Page 1/3 Purpose Key Information Document This document provides you with key information about thisinvestment product. It is not marketing material. The information isrequired by law to help you understand the nature, risks, costs,potential gains and losses of this product and to help you compare itwith other products.Product JPM US Hedged Equity Laddered Overlay Active UCITS ETF - USD (dist) IE000K4JG8P9 a share class of JPMorgan ETFs (Ireland) ICAV – US Hedged Equity Laddered Overlay Active UCITS ETF a sub-fund of JPMorgan ETFs (Ireland) ICAV For more information on this product, please refer to www.jpmorganassetmanagement.lu or call +(352) 3410 3060 The Commission de Surveillance du Secteur Financier (CSSF) is responsible for supervising the manufacturer, JPMorgan Asset Management (Europe) S.à.r.l., (a member of JPMorgan Chase & Co.) in relation to this Key Information Document The Sub-Fund is authorised in Ireland and regulated by the Central Bank of Ireland ("CBI"). THIS DOCUMENT WAS PRODUCED ON 28 APRIL 2026 What is this product? Typeand managed with the aim of contributing to the Sub-Fund's objective This product is a UCITS exchange traded fund or "UCITS ETF". It is aof providing an income. sub-fund of JPMorgan ETFs (Ireland) ICAV, an Irish collective asset-The Sub-Fund may, for investment purposes and efficient portfolio management vehicle constituted as an umbrella fund with management purposes, use financial derivative instruments. segregated liability between its sub-funds and authorised by the CBIThe degree to which the Sub-Fund may resemble the composition pursuant to the European Communities (Undertakings for Collective and risk characteristics of the Benchmark will vary over time and its Investment in Transferable Securities) Regulations 2011 (as performance may be meaningfully different. Additionally, the Sub- amended). Fund's overall market exposure may vary significantly from the Benchmark as a result of its options overlay strategy. Objectives, Process and PoliciesUSD is the base currency of the Sub-Fund. Objective The objective of the Sub-Fund is to provide long-term The Sub-Fund will publicly disclose its complete holdings on a daily capital growth. basis. Details of the Sub-Fund's holdings and full disclosure policy Share Class Benchmark S&P 500 (Total Return Net). may be found on www.jpmorganassetmanagement.lu. Investment Policy The Sub-Fund pursues an actively-managed Redemption and Dealing Shares of the Sub-Fund are traded on one or investment strategy.more stock exchanges. Certain market makers and brokers may The Sub-Fund aims to (i) invest in a portfolio of equity securities subscribe and redeem Shares directly with JPMorgan ETFs (Ireland) comprising primarily of companies that are domiciled in, or carryingICAV, and are referred to as "Authorised Participants". Other investors out the main part of their economic activity in the US, and (ii)who are not Authorised Participants can purchase and sell Shares purchase and sell exchange-traded put options and sell exchange-daily on a recognised stock exchange or over-the-counter. traded call options, to provide a continuous market hedge for the Distribution Policy This Share Class will normally pay dividends portfolio. quarterly. (i) Equity PortfolioSFDR Classification Article 6 The Sub-Fund aims to invest at least 67% of its assets (excluding assets held for ancillary liquidity purposes) in equity securities issued Intended retail investor by companies that are domiciled in, or carrying out the main part ofThis product is intended for investors who plan to stay invested for at their economic activity in the US. least 5 years. The Sub-Fund may also invest in equity securities issued by Q The Sub-Fund is intended for long-term investment. Investors companies from any other country. should understand the risks involved, including the risk of losing (ii) Put and Call Options all capital invested and must evaluate the Sub-Fund objective and The Investment Manager seeks to hedge overall market exposure risks in terms of whether they are consistent with their own relative to traditional long-only equity strategy through employing an investment goals and risk tolerances. The Sub-Fund is not options overlay strategy, which will be implemented by purchasing intended as a complete investment plan. and selling exchange-traded put options and selling exchange-traded Q The Sub-Fund is aimed at investors seeking long-term capital call options. The options will typically be based on the Benchmark.growth, by actively investing primarily in a portfolio of US In implementing the options overlay strategy, the Sub-Fund seeks tocompanies and through the use of derivatives. provide "laddered" exposure. To do this, the Sub-Fund typically holds Q Typical investors in the Sub-Fund are expected to be investors options for multiple (normally) three-month periods (each, a "hedgeseeking exposure to the US equity markets with potentially lower period") staggered a month apart for the purpose of seeking to volatility relative to traditional long-only US equities strategies, and provide lower volatility in any market cycle. Laddered investing referswho are prepared to accept the risks associated with an to the implementation of the strategy with different hedge periods,investment of this type. with the goal of mitigating potential risks associated with only oneTerm This product does not have a fixed maturity date and may be hedge period. The Investment Manager will have discretion toliquidated in certain circumstances, as further detailed in the determine the amount of exposure related to each hedge period and Prospectus. will have flexibility to allocate the assets to a particular hedge period. Practical information The Benchmark consists of large capitalisation stocks issued by companies in the US ( ("Benchmark Securities"). The Benchmark has Depositary The fund depositary is Brown Brothers Harriman Trustee been included as a point of reference against which the performance Services (Ireland) Limited. of the Sub-Fund may be measured and as it reflects the main Legal Information JPMorgan Asset Management (Europe) S.à r.l. may investment universe for the Sub-Fund. The Sub-Fund will not seek to be held liable solely on the basis of any statement contained in this track the performance of or replicate the benchmark, rather the Sub-document that is misleading, inaccurate or inconsistent with the Fund will hold a portfolio of equity securities (which may include but relevant parts of the Prospectus. will not be limited to Benchmark Securities) which is actively selected The Sub-Fund is sub-fund of JPMorgan ETFs (Ireland) ICAV, an Irish All data is sourced by J.P. Morgan Asset Management and is correct as at the date of this commentary unless otherwise stated. Page 2/3 | Key Information Document | 28 April 2026 collective asset-management vehicle with segregated liability betweenSwitching Switching of Shares from one Sub-Fund into Shares in sub-funds. JPMorgan ETFs (Ireland) ICAV consists of separate sub-another Sub-Fund is not permitted. Switching of Shares from one funds, each of which issues one or more Share Classes. This Share Class into another Share Class within the same Sub-Fund is document is prepared for a specific Share Class. The Prospectus and also not permitted to investors trading on stock exchanges but may be annual and semi- annual financial reports are prepared for JPMorgan available to the Authorised Participants. Further information can be ETFs (Ireland) ICAV. found in the Prospectus. What are the risks and what could I get in return? Risks Lower risk Higher risk This rates the potential losses from future performance at a medium level, and poor market conditions could impact our capacity to pay you. The risk of the product may be significantly higher if held for less 1 23 4 5 6 7than the recommended holding period. This product does not include any protection from future market The risk indicator assumes you keep the product for 5 year(s). performance so you could lose some or all of your investment. If we are not able to pay you what is owed, you could lose your entire investment. The summary risk indicator is a guide to the level of risk of this product Beside the risks included in the risk indicator, other risks materially compared to other products. It shows how likely it is that the product relevant for the product may affect its performance. Please refer to the will lose money because of movements in the markets or because werelevant supplement, available free of charge at are not able to pay you. www.jpmorganassetmanagement.lu. We have classified this product as 4 out of 7, which is a medium risk class. 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 over the last 10 years. Markets could develop very differently in the future. The stress scenario shows what you might get back in extreme market circumstances. Unfavourable: this type of scenario occurred for an investment between 2025 and 2026. Moderate: this type of scenario occurred for an investment between 2020 and 2025. Favourable: this type of scenario occurred for an investment between 2020 and 2025. Recommended holding period 5 years Example Investment $ 10,000 if you exit after5 years if you exit after (recommended Scenarios 1 year holding period) Minimum return There is no minimum guaranteed return. You could lose some or all of your investment. Stress What you might get back after costs $ 3,080 $ 2,820 Average return each year -69.2% -22.4% UnfavourableWhat you might get back after costs $ 8,320 $ 11,430 Average return each year -16.8% 2.7% ModerateWhat you might get back after costs $ 11,630$ 19,400 Average return each year 16.3% 14.2% Favourable What you might get back after costs $ 15,900$ 23,690 Average return each year 59.0% 18.8% What happens if JPMorgan Asset Management (Europe) S.à.r.l. is unable to pay out? JPMorgan Asset Management (Europe) S.à r.l. is responsible for the manufacturer of this product has no obligation to pay out since administration and management of the Sub-Fund and does not hold the product design does not contemplate any such payment being assets of the Sub-Fund (assets that can be held by a depositary are, in made. However, investors may suffer loss if the Sub-Fund or the line with applicable regulations, held with a depositary in its custody depositary is unable to pay out. There is no compensation or network). JPMorgan Asset Management (Europe) S.à r.l., asguarantee scheme in place which may offset, all or any of, your 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. The amounts shown here are illustrations based on an example investment amount and different possible investment periods. We have assumed: JPM US Hedged Equity Laddered Overlay Active UCITS ETF - USD (dist) (IE000K4JG8P9) Page 3/3 | Key Information Document | 28 April 2026 Q in the first year you would get back the amount that you invested (0% annual return). For the other holding periods we have assumed theproduct performs as shown in the moderate scenario Q $ 10,000 is invested. if you exit after 5 years if you exit after (recommended Example Investment $ 10,000 1 yearholding period) Total Costs $ 65$ 558 Annual cost impact* 0.7%0.7% (*) 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 14.8% before costs and 14.2% after costs. Composition of costsAnnual cost impact if you One-off costs upon entry or exit exit after 1 year Entry costs0.00% , we do not charge an entry fee.0 USD Exit costs 0.00% , we do not charge an exit fee for this product, but the person 0 USD selling you the product may do so. Ongoing costs taken each year Management fees and other 0.50% of the value of your investment per year. 50 USD administrative or operatingThis is an estimate based on actual costs over the last year. costs Transaction costs 0.15% of the value of your investment per year. This is an estimate of the15 USD costs incurred when we buy and sell the underlying investments for the product. The actual amount will vary depending on how much we buy and sell. Incidental costs taken under specific conditions Performance fees There is no performance fee for this product. 0 USD How long should I hold it and can I take money out early? Recommended holding period: 5 year(s)penalty at any time during this period however your return may be This product is designed for longer term investments due to the negatively impacted by the volatility of its performance. Redemptions potential volatility of its performance; you should be prepared to stay are possible on every Dealing Day, with proceeds settled within 2 invested for at least 5 years. You can redeem your investment withoutbusiness days. How can I complain? If you have a complaint about the Sub-Fund, you can contact us byYou can find more details about how to complain and the calling +(352) 3410 3060 or by writing to fundinfo@jpmorgan.com or Management Company's complaint handling policy in the Contact Us JPMorgan Asset Management (Europe) S.à r.l., 6 route de Trèves, L- section of the website at: www.jpmorganassetmanagement.com. 2633 Senningerberg, Grand Duchy of LuxembourgIf you have a complaint about the person who advised you about this product, or who sold it to you, they will tell you where to complain. Other relevant information Further information Further information on the Sub-Fund, including its take note that information and data from communications with you sustainable characteristics, may be found in the Prospectus, relevantmay be processed by J. P. Morgan Asset Management, acting as a data supplement and on www.jpmorganassetmanagement.lu. A copy of the controller, in accordance with applicable data protection laws. Further Prospectus, relevant supplement and the latest annual and semi- information about processing activities of J.P. Morgan Asset annual financial report in English and certain other languages and the Management can be found in the EMEA Privacy Policy, which is latest Net Asset Value are available free of charge upon request fromavailable at www.jpmorgan.com/emea-privacy-policy. Additional www.jpmorganassetmanagement.lu, by email fromcopies of the EMEA Privacy Policy are available on request. fundinfo@jpmorgan.com, or by writing to JPMorgan Asset Cost, performance and risk The cost, performance and risk Management (Europe) S.à r.l, 6 route de Trèves, L-2633 Senningerberg,calculations included in this key information document follow the Grand Duchy of Luxembourg. Portfolio disclosure policy of JPMorgan methodology prescribed by EU rules. Note that the performance ETFs (Ireland) ICAV can be obtained at www. scenarios calculated above are derived exclusively from the past jpmorganassetmanagement.lu. The latest prices of shares can be performance of the product or a relevant proxy and that past obtained from your broker. performance is not a guide to future returns. Therefore, your Remuneration Policy The Management Company's Remunerationinvestment may be at risk and you may not get back the returns Policy can be found on http://www.jpmorganassetmanagement.lu/illustrated. emea-remuneration-policy. This policy includes details of howInvestors should not base their investment decisions solely upon the remuneration and benefits are calculated, including responsibilities scenarios shown. and composition of the committee which oversees and controls the Performance scenarios You can find previous performance scenarios policy. A copy of this policy can be requested free of charge from the updated on a monthly basis at https://am.jpmorgan.com/lu/en/ Management Company. asset-management/priips/products/IE000K4JG8P9. Tax The Sub-Fund is subject to Irish tax regulations. This may have an Past performance There is insufficient performance data available to impact on an investor's personal tax position. provide a chart of annual past performance. Privacy Policy You should note that, if you contact J.P. Morgan AssetFor an explanation of some of the terms used in this document, Management by telephone, those lines may be recorded and please visit the glossary on our website at www. monitored for legal, security and training purposes. You should also jpmorganassetmanagement.lu.JPM US Hedged Equity Laddered Overlay Active UCITS ETF - USD (dist) (IE000K4JG8P9)