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 S&P 500® Quarterly Buffer UCITS ETF a sub-fund of Global X ETFs ICAV USD Accumulating Share Class (IE000LSRKCB4) 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 31 December 2024. What is this product? Type:investment period has begun or sell shares prior to the investment period’s conclusion This product is a UCITS fund.may experience investment returns very different from those that the Fund seeks to provide as the NAV of the fund moves during the period against the static buffer and Term:cap. This is an Open Ended Fund. Where it is not possible or practicable for the Fund to invest in swaps, the Fund may also gain exposure to the Index through investment in other FDI such as options and Objectives: futures, through investment in units of other collective investment schemes, and/or The Fund’s investment objective is to provide investment results that closelythrough investment in a portfolio of equity securities that, as far as possible and correspond, before fees and expenses, generally to the price and yield performance practicable, consists of the component securities of the Index. of the CBOE S&P 500® 15% WHT Quarterly 5% Buffer Protect Index (the “Index”).The Fund’s base currency is USD. The Index seeks to provide similar returns to the S&P 500® Index (the “Reference Index”), with lower volatility and downside risks, in most market environments exceptFor Accumulating Shares, income will be automatically reinvested in the Fund and for when the U.S. equity market is rallying. reflected in the NAV per share. The Fund is passively managed. The Fund will seek to replicate the performance of the Index by investing primarily in a basket of global equity securities and equity Investors can buy and sell shares of the Fund on each business day. Business day related securities (the “Basket”) and will enter into an unfunded swap agreement means a day on which the New York Stock Exchange and London Stock Exchange with approved counterparties governed by the International Swaps and Derivatives are open for normal business. Association to exchange the performance/return of the Basket for the return of the Index minus any associated fees (the “Swap”).For more information about the investment policy and strategy of the Fund, please The Index is designed to track the returns of an investment in the Reference Index refer to the sections entitled “Investment Objective” and “Investment Policy” in the via a portfolio of equities over a period of approximately a calendar quarter (the Fund’s supplement. Fund documents including the Prospectus, Supplement and the “investment period”) while also seeking to provide downside protection against latest annual and half-yearly reports are available free of charge in English. These can declines in value of 5% (the “buffer”) in the Reference Index. be found, along with other information, such as share prices and classes, on the The buffer provided by the Index is constructed via a put spread whereby the Index Fund's website at www.globalxetfs.eu. purchases a put option on the Reference Index at a higher strike price (at-the- money) and sells a put option on the Reference Index at a lower strike price (5% out-The depositary is SEI Investments - Depositary and Custodial Services (Ireland) the-money). The put spread seeks to protect against a decline in the Reference Limited. Index, but only to the extent of the difference between the strike prices of the put option purchased and the put option sold. There will be a cost paid for these options, This document describes a sub-fund of the UCITS. The Prospectus and periodic the premium. The premium paid for the purchased put option will be more than the reports are prepared in respect of the entire UCITS. The assets and liabilities of each premium received for the sold put option.sub-fund of the UCITS are segregated by law, and so the assets of one sub-fund In order to cover the cost of the put spread that facilitates the buffer, a call option on cannot be used to discharge the liabilities of another sub-fund. the Reference Index is sold, or written, by the Index in exchange for receipt of a premium by the Index that matches the cost of the put spread. While writing the call Intended retail investor: options reduces the cost of the provision of the buffer, it does operate to limit theThis Fund is intended for investors who want to take a long or short-term exposure to Index’s participation in the rise of the value of the Reference Index beyond the the market covered by the index of the Fund and would be prepared to take on a exercise price of the written call option, which acts as a cap on the potential increase medium level of risk associated with an investment of this type, including potential in the value of the Index. volatility of such market. Such an investor must also be one that is able to assess the The full buffer and cap levels may only be realised by investors who hold shares of merits and risks of an investment in the Shares of the relevant Class of the Fund. the Fund at the outset of the investment period and continue to hold them until the conclusion of the investment period. Investors that purchase shares after the What are the risks and what could I get in return? Risk Indicator This product does not include any protection from future market 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. Lower risk Higher risk 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.1 23 4 5 6 7The 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 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 ability for you to receive a positive return on your investment. Be aware of currency risk. You will receive payments in a different 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. Page 1 of 3 | Key Information Document | 31 December 2024 Global X S&P 500® Quarterly Buffer UCITS ETF, a sub-fund of Global X ETFs ICAV - USD Accumulating Share Class (IE000LSRKCB4) 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 S&P 500® Quarterly Buffer UCITS ETF over the last 10 years. The stress scenario shows what you might get back in extreme market circumstances. Markets could develop very differently in the future. 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 costs1,140 USD 1,430 USD Average return each year-88.56% -32.20% Unfavourable¹ What you might get back after costs9,150 USD 11,400 USD Average return each year -8.51% 2.66% Moderate² What you might get back after costs10,790 USD 14,280 USD Average return each year 7.85% 7.38% Favourable³What you might get back after costs13,560 USD 15,810 USD Average return each year 35.55% 9.60% ¹ This type of scenario occurred for an investment between August 2023 and September 2024. ² This type of scenario occurred for an investment between August 2015 and August 2020. ³ This type of scenario occurred for an investment between October 2016 and October 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 66 USD 447 USD 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 8.1% before costs and 7.4% after costs. Page 2 of 3 | Key Information Document | 31 December 2024 Global X S&P 500® Quarterly Buffer UCITS ETF, a sub-fund of Global X ETFs ICAV - USD Accumulating Share Class (IE000LSRKCB4) 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%. 0.2% 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 16 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 | 31 December 2024