Key Information Document Purpose This document provides you with key information about this investment Fund. 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 Fund and to help you compare it with other funds. Product Product: Vanguard ESG Developed Europe All Cap UCITS ETF (the "Fund") - (EUR) Distributing IE000NRGX9M3 Vanguard Group (Ireland) Limited ("VGIL") Call +44 207 489 4305 for more information - https://global.vanguard.com - This Key Information Document is dated 31/03/2025. The Central Bank of Ireland (the “Central Bank”) is responsible for supervising VGIL in relation to this Key Information Document. The Fund is authorised in Ireland and has been registered for sale in other EEA Member States. VGIL is authorised in EEA Member States and regulated by the Central Bank. You are about to purchase a Fund that is not simple and may be difficult to understand. What is this product? Type: The Fund is a sub-fund of Vanguard Funds plc ("VF"), a UCITS securities until such time as they cease to form part of the Index and it is authorised by the Central Bank of Ireland. possible and practicable (in the investment manager's view) to liquidate theposition. Term: The Fund has no fixed maturity date, however it may be terminated in certain circumstances as described in the prospectus of VF (the The Fund attempts to remain fully invested and hold small amounts of cash “Prospectus”) including if the net asset value of the Fund falls below except in extraordinary market, political or similar conditions where the US$100 million or its equivalent in another currency. Fund may temporarily depart from this investment policy to avoid losses. Objectives: The Fund employs a passive management – or indexing – Where the Index provider has insufficient or no data available to adequately investment approach, through physical acquisition of securities, and seeks assess a particular company relative to the screening criteria of the Index, to track the performance of the FTSE Developed Europe All Cap Choice stocks of such company will be excluded from the Index until such time as Index (the “Index”). they may be determined to be eligible by the Index provider. The Fund attempts to track the performance of the Index by investing all, The Fund invests in securities which are denominated in currencies other or substantially all, of its assets in the stocks that make up the Index inthan the base currency. Movements in currency exchange rates can affect approximately the same proportion as the Index. Where not practicable to the return of investments. fully replicate, the Fund will use a sampling process. The Fund follows a binding and significant ESG integration approach in The Index is a market-capitalisation-weighted index composed of large-,accordance with the Position-recommendation AMF 2020-03 (available at mid-, and small-cap stocks of companies located in developed markets inhttps://www.amf-france.org/en/regulation/policy/doc-2020-03). Europe. Market-capitalisation is the value of a company's outstanding The Fund may use derivatives in order to reduce risk or cost and/or shares in the market and shows the size of a company. The Index is generate extra income or growth. A derivative is a financial contract whose constructed from the FTSE Developed Europe All Cap Index (the “Parent value is based on the value of a financial asset (such as a share, bond, or Index”) which is then screened for certain environmental, social, and currency) or a market index. Derivatives on an index (e.g. swaps, futures) governance (i.e. controversy-related) criteria which is independent of may contain some underlying constituents which may not meet the Vanguard. screening criteria. Through the screening out of stocks of companies from its portfolio based ETF Shares in the Fund can be bought or sold on a daily basis (save on on the potentially detrimental impact of their conduct or products on society certain bank holidays or public holidays and subject to certain restrictions and / or the environment, the Fund promotes certain environmental described in the Prospectus). ETF Shares are listed on one or more stock characteristics and social characteristics relating to social norms andexchange(s). Subject to certain exceptions set out in the Prospectus, standards. investors who are not Authorised Participants may only buy or sell ETF The Index methodology excludes stocks of companies that the sponsor of Shares through a company that is a member of a relevant stock exchange the Index determines (a) to be engaged or involved in specific activities of at any time when that stock exchange is open for business. A list of the the supply chain for, and / or (b) derive revenue (above a threshold days on which shares in the Fund cannot be bought or sold is available on: specified by the Index provider) from, certain activities relating to the https://fund-docs.vanguard.com/holiday-calendar-vanguard-funds-plc- following activities: (a) Vice Products (i.e., adult entertainment, alcohol, ETFs.pdf gambling, tobacco, cannabis); (b) Non-Renewable Energy (nuclear power, and fossil fuels (which includes: (i) companies that have greater than 50% Income from the ETF Shares will be paid out. ownership of companies that own proved or probable reserves in coal, oil VF is an umbrella Fund with segregated liability between sub-funds. This or gas, (ii) oil and gas production and supporting services, (iii) coalmeans that the holdings of the Fund are maintained separately under Irish extraction, production and supporting services, (iv) oil and gas and thermal law from holdings of other sub-funds of VF and your investment in the Fund coal power generation, (v) extraction of arctic oil and gas, and (vi) extraction will not be affected by any claims against any other sub-fund of VF. of oil sands)); and (c) Weapons (chemical & biological weapons, cluster munitions, anti-personnel landmines, nuclear weapons, civilian firearms, Intended retail investor: The Fund is available to a wide range of and conventional military weapons).The Index provider defines what investors seeking access to a portfolio managed in accordance with a constitutes “involvement” in each activity. This may be based on specific investment objective and policy. percentage of revenue or any connection to a restricted activity regardlessThe VF depositary is Brown Brothers Harriman Trustee Services (Ireland) of the amount of revenue received, and will relate to specific parts of theLimited. supply chain. You can obtain copies of the Prospectus and the latest annual and semi- The Index methodology also excludes stocks of companies based on annual report and accounts for Vanguard Funds plc (“VF”) along with the certain controversial conduct, which is achieved by excluding companieslatest published prices of shares and other practical information, from VF that meet certain criteria in relation to the United Nations Global Compactc/o Brown Brothers Harriman Fund Administration Services (Ireland) Principles.Limited, 30 Herbert Street, Dublin 2, D02 W329, Ireland or from our website The Fund's investments will, at the time of purchase, comply with the at https://global.vanguard.com. Information on the Fund's portfolio screening criteria, except as otherwise described below or in the disclosure policy and publication of the iNAV can be obtained at Prospectus. In circumstances where the Fund holds securities which do not https://global.vanguard.com/portal/site/portal/ucits-documentation. The adhere to the screening criteria, the Fund may temporarily hold such documents are available in English and are free of charge. What are the risks and what could I get in return? Risk Indicator 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. 1 2 3 4 5 6 7Be aware of currency risk. You may receive payments in a different currency to the base currency of the Fund, 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. Beside the market risks included in the risk indicator, other risks may affect Lower riskHigher risk the Fund, including counterparty, screening, index tracking and rebalancing risks. The risk indicator assumes you keep the Fund for 5 For further information on risks please see the “Risk Factors” section of the years. The actual risk can vary significantly if you cash Prospectus on our website at https://global.vanguard.com !in at an early stage and you may get back less.This Fund does not include any protection from future market performance so you could lose some or all of your investment. The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political events, The summary risk indicator is a guide to the level of risk of this Fund economic news, company earnings and significant corporate events. compared to other Funds. It shows how likely it is that the Fund will lose money because of movements in the markets or because we are not able to pay you. Performance Scenarios What you will get from this Fund 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: EUR 10,000 If you exit after 1 year If you exit after 5 years Scenarios There is no minimum guaranteed return if you exit before 5 years. You could lose some or all of Minimum your investment.What you might get back after costs EUR 2,060 EUR 3,680 Stress Average return each year-79.40%-18.12%What you might get back after costs EUR 8,630 EUR 9,130 Unfavourable Average return each year-13.70% -1.80%What you might get back after costs EUR 10,520 EUR 13,390 Moderate Average return each year 5.20% 6.01%What you might get back after costs EUR 14,220 EUR 15,750 Favourable Average return each year 42.20% 9.51% The figures shown include all the costs of the Fund itself, but may not Unfavourable scenario: This type of scenario occurred for an investment include all the costs that you pay to your advisor or distributor. The figures using a suitable benchmark between 2015 and 2020. do not take into account your personal tax situation, which may also affect Moderate scenario: This type of scenario occurred for an investment using how much you get back. a suitable benchmark between 2018 and 2023. The stress scenario shows what you might get back in extreme market Favourable scenario: This type of scenario occurred for an investment circumstances. using a suitable benchmark between 2018 and 2023. This Fund cannot be easily cashed in. What happens if VGIL is unable to pay out? The assets of the Fund are held in safekeeping by its depositary. In the event of the insolvency of VGIL, the Fund's assets in the safekeeping of the depositary will not be affected. However, in the event of the depositary's insolvency, or someone acting on its behalf, the Fund may suffer a financial loss. This risk is mitigated to a certain extent by the fact the depositary is required by law and regulation to segregate its own assets from the assets of the Fund. The depositary will also be liable to the Fund and the investors for any loss arising from, among other things, its negligence, fraud or intentional failure to properly fulfil its obligations (subject to certain limitations). There is no compensation or guarantee scheme protecting you from a default of the Fund's depositary. What are the costs? The person advising on or selling you the Fund 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 invest in the Fund and how well the Fund 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 Fund performs as shown in the moderate scenario - EUR 10,000 per year is invested. If you exit after 1 year If you exit after 5 yearsTotal costs EUR 21 EUR 133 Annual cost impact (*) 0.2% 0.2% 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 6.2 % before costs and 6.0 % after costs. We may share part of the costs with the person selling you the Fund to cover the services they provide to you. They will inform you of the amount. Composition of Costs One-off costs upon entry or exit If you exit after 1 year Entry costs The Fund does not charge an entry fee. EUR 0 Exit costs The Fund does not charge an exit fee, but the person selling you the Fund may do so. EUR 0 Ongoing costs taken each year Management fees and other 0.12% of the value of your investment p.a. This is an estimate based on actual costs over administrative or operating EUR 12 the last year and takes account of any known future changes. costs 0.09% of the value of your investment per year. This is an estimate of the costs incurred Transaction costswhen we buy and sell the underlying investments for the Fund. The actual amount will varyEUR 9 depending on how much we buy and sell. Incidental costs taken under specific conditions Performance fees There is no performance fee for this Fund. EUR 0 How long should I hold it and can I take money out early? Recommended holding period: 5 years The Fund is appropriate for long-term investment. You should have an investment horizon of at least 5 years. Please see the section of the Prospectus entitled “Redeeming Shares” for certain fees payable in respect of redemptions. How can I complain? If you are an investor in our VF range of Exchange Traded Funds (ETFs), it may be appropriate for you to liaise directly with the bank, broker, trading platform or financial adviser through which you purchased your shares, particularly if your complaint is service related. Please be aware that we will usually provide responses in English. If for any reason you are experiencing problems submitting your complaint with us, then please contact, Vanguard, 4th Floor, The Walbrook Building, 25 Walbrook, London, EC4N 8AF or European_client_services@vanguard.co.uk. Please also be aware that there may be collective redress mechanisms or separate ombudsman arrangements available in your country. https://global.vanguard.com/ Other relevant information You can find information related to the past performance of the Fund for up to 10 years of data at: - https://docs.data2report.lu/documents/Vanguard/KID_PP/KID_annex_PP_IE000NRGX9M3_en.pdf. - https://docs.data2report.lu/documents/Vanguard/KID_PS/KID_annex_PS_IE000NRGX9M3_en.pdf Details of VGIL's Remuneration Policy are available at https://www.ie.vanguard/content/dam/intl/europe/documents/ch/en/ucits-v-remuneration-policy.pdf, including: (a) a description of how remuneration and benefits are calculated; and (b) the identities of persons responsible for awarding remuneration and benefits. A paper copy of these details may be obtained, free of charge, on request from VGIL at 70 Sir John Rogerson's Quay, Dublin 2, Ireland. Liability: VGIL may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Prospectus. Tax: VF is subject to the tax laws of Ireland. Depending on your country of residence, this may have an impact on your personal tax position. You are recommended to consult your professional tax adviser.