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 Climate Change Solutions UCITS ETF - USD (acc) IE000O8S1EX4 a share class of JPMorgan ETFs (Ireland) ICAV – Climate Change Solutions 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 2 APRIL 2024 What is this product? Typedriver behind active company engagement when seeking to positively This product is a UCITS exchange traded fund or "UCITS ETF". It is a sub- influence business practices to improve sustainability. As part of this fund of JPMorgan ETFs (Ireland) ICAV, an Irish collective asset-analysis, the Investment Manager may make use of a proprietary ESG management vehicle constituted as an umbrella fund with segregated framework which assesses each company's exposure to material liability between its sub-funds and authorised by the CBI pursuant to sustainability issues however the focus is to identify companies aligned the European Communities (Undertakings for Collective Investment in to the theme of climate change solutions. Transferable Securities) Regulations 2011 (as amended). The Investment Manager has ultimate discretion over the construction Objectives, Process and Policiesof the portfolio and may add companies that have not been identified by Objective The Sub-Fund aims to achieve a return through investing inthe Themebot. companies with exposure to the theme of climate change solutions. If a company ceases to qualify, the Investment Manager will engage with Share Class Benchmark MSCI All Country World Index (Total Return Net) the company to determine the circumstances for ceasing to qualify. If Investment Policy The Sub-Fund pursues an actively managed the company can resolve the matter in the short-term it may continue to investment strategy without reference or constraints relative to thebe held in the portfolio. However, if not, the security will be sold as soon Benchmark. as reasonably practicable taking into account the best interests of The Sub-Fund will invest in companies that have been identified by the Shareholders in the Sub-Fund. Investment Manager, at the time of purchase, as best positioned to The Sub-Fund systematically includes ESG criteria in investment develop solutions to address climate change, by being significantly analysis and investment decisions on at least 90% of securities engaged in developing climate change solutions, whilst not significantlypurchased (excluding cash). harming any environmental or social objectives and following good The Sub-Fund follows a sustainable thematic ESG approach. Thematic governance practices. is an investment style with a thematic focus on a UN Sustainable Companies are selected in relation to key sub-themes of climate Development Goal or other specific ESG theme (in this case climate change solutions, which may change from time to time, such as change solutions). The term "Thematic" defines the category of this Sub- sustainable transport, sustainable construction, sustainable food & Fund and applicable investment criteria. The Sub-Fund seeks to achieve water, renewable energy and recycling and re-use. The Investmentits Investment Objective through a forward looking investment Manager considers that these investments qualify as "sustainableapproach, active engagement with companies where possible, and by investments" for the purposes of SFDR. Investments are evaluated andseeking to positively influence business practices to improve deemed sustainable investments via the following process. sustainability. This investment style aims to deliver long term Significant engagement in developing climate change solutions will be sustainable financial returns while also serving as the foundation to measured through metrics such as revenue or potential revenue align investment decisions with investor values. The Sub-Fund aims to generated by companies through such solutions or other metrics deliver a sustainability related theme of climate change solutions with applied by the Investment Manager which may change from time to timeintentional environmental/social outcome. The thematic approach in relation to the key sub-themes as described above. ensures portfolio positions are issued by thematically selected issuers. In order to qualify for inclusion in the portfolio, a company must The Sub-Fund has sustainable investment as its objective and intends generate at least 20% of its revenue from one of the identified sub-to use third party data providers and to the extent possible, in-house themes. If a security does not generate at least 20% of its revenue fromresearch and direct assessment of corporate reporting and data to an identified sub-theme, it may still be eligible for inclusion based on a determine the extent of investments in accordance with the EU criteria qualitative assessment of future revenue potential, based on metricsfor environmentally sustainable economic activities. such as capital expenditure.While there are investments in the Sub-Fund that contribute to an The process to identify companies with exposure to the theme of climate environmental objective and may be eligible to be assessed against change solutions has three steps. the criteria, this is an evolving assessment subject to regulatory rules The Investment Manager evaluates and applies values and norms yet to be fully implemented and highly dependent on the availability of based screening to implement exclusions on certain industries and sufficient, reliable, timely and verifiable data from investee companies. issuers based on specific ESG criteria and/or minimum standards of In this regard, the Investment Manager is not currently in a position to business practice based on international norms. To support this quantify the extent of investments in economic activities that qualify screening, the Investment Manager relies on third party provider(s) who with the criteria. identify an issuer's participation in or the revenue which they derive The Sub-Fund will invest globally, including, without limits, in emerging from activities that are inconsistent with the values and norms based markets. screens. The list of screens applied that may result in exclusions can be The Sub-Fund may invest in companies of all capitalisation levels, found on the Website (www.jpmorganassetmentment.ie).including, without limits, in small capitalisation companies and may Identify companies aligned to the sub-themes using the ThemeBot have significant positions in specific sectors or markets from time to which is a proprietary natural language processing tool that: time. Q identifies and determines the relevance of key words and concepts The Benchmark is a global equity index designed to represent the related to the climate change solutions sub-themes; and performance of large and mid-capitalisation equity securities issued in Q evaluates public documentation such as regulatory filings, broker 23 developed markets and 24 emerging markets. reports, news reports or company profiles to identify those For the avoidance of doubt, investors should note that the Sub-Fund will companies providing the highest exposure to these sub-themes. not seek to track the performance of, or replicate the Benchmark, rather The Investment Manager analyses the results of the Themebot to select the Sub-Fund will use the Benchmark as a performance comparator. the companies from this core universe best placed to achieve the Sub- The Sub-Fund may invest in assets denominated in any currency and Fund's objective. This analysis is based on fundamental analysis andcurrency exposure will not typically be hedged. ongoing engagement with companies to understand how they areThe Sub-Fund may, for efficient portfolio management purposes, use positioned to develop solutions currently and in the future to address financial derivative instruments. climate change. USD is the base currency of the Sub-Fund. Fundamental analysis is used to better understand sustainability risks The Sub-Fund will publicly disclose its complete holdings on a daily and opportunities that may impact a company and is also an important 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 | 2 April 2024 basis. Details of the Sub-Fund's holdings and full disclosure policy may change solutions, whilst not significantly harming any environmental be found on www.jpmorganassetmanagement.ie. or social objectives and following good governance practices. Redemption and Dealing Shares of the Sub-Fund are traded on one or Term This product does not have a fixed maturity date and may be more stock exchanges. Certain market makers and brokers may liquidated in certain circumstances, as further detailed in the subscribe and redeem Shares directly with JPMorgan ETFs (Ireland)Prospectus. ICAV, and are referred to as "Authorised Participants". Other investors Practical information who are not Authorised Participants can purchase and sell Shares daily Depositary The fund depositary is Brown Brothers Harriman Trustee on a recognised stock exchange or over-the-counter. Services (Ireland) Limited. Distribution Policy This Share Class does not pay dividends. Earned Legal Information JPMorgan Asset Management (Europe) S.à r.l. may be income is retained in the Net Asset Value. held liable solely on the basis of any statement contained in this SFDR Classification Article 9document that is misleading, inaccurate or inconsistent with the relevant Intended retail investor parts of the Prospectus. This product is intended for investors who plan to stay invested for at The Sub-Fund is sub-fund of JPMorgan ETFs (Ireland) ICAV, an Irish least 5 years. collective asset-management vehicle with segregated liability between Q Investors should be seeking long term capital growth and a higher sub-funds. JPMorgan ETFs (Ireland) ICAV consists of separate sub-risk, thematic equity investment that embeds ESG principles. funds, each of which issues one or more Share Classes. This document Q Investors should understand the risks involved, including the risk of is prepared for a specific Share Class. The Prospectus and annual andlosing all capital invested and must evaluate the Sub-Fund objective semi- annual financial reports are prepared for JPMorgan ETFs (Ireland)and risks in terms of whether they are consistent with their own ICAV.investment goals and risk tolerances. The Sub-Fund is not intendedSwitching Switching of Shares from one Sub-Fund into Shares in anotheras a complete investment plan.Sub-Fund is not permitted. Switching of Shares from one Share Class Q Typical investors in the Sub-Fund are expected to be those who seekinto another Share Class within the same Sub-Fund is also not permittedexposure to the markets covered by the Benchmark and seek to to investors trading on stock exchanges but may be available to theinvest in companies best positioned to develop solutions to address Authorised Participants. Further information can be found in theclimate change, by being significantly engaged in developing climate Prospectus. What are the risks and what could I get in return? Risks Lower riskHigher riskThis rates the potential losses from future performance at a medium level, and poor market conditions could impact our capacity to pay 12 3 4 5 6 7 you. The risk of the product may be significantly higher if held for less than the recommended holding period. The risk indicator assumes you keep the product for 5 year(s). 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. Beside the risks included in the risk indicator, other risks materially The summary risk indicator is a guide to the level of risk of this product relevant for the product may affect its performance. Please refer to the compared to other products. It shows how likely it is that the product will relevant supplement, available free of charge at lose money because of movements in the markets or because we are not www.jpmorganassetmanagement.lu. able to pay you. 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 2021 and 2024. Moderate: this type of scenario occurred for an investment between 2014 and 2019. Favourable: this type of scenario occurred for an investment between 2016 and 2021. Recommended holding period 5 years Example Investment $ 10,000 if you exit after 5 years(recommended Scenariosif you exit after 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 $ 1,790$ 1,810 Average return each year -82.2% -29.0% Unfavourable What you might get back after costs $ 7,920$ 10,130 Average return each year -20.8% 0.3% Moderate What you might get back after costs $ 10,600 $ 14,820 Average return each year 6.0% 8.2% Favourable What you might get back after costs $ 16,890 $ 20,240 Average return each year 68.9% 15.1% 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 the administration and management of the Sub-Fund and does not hold product design does not contemplate any such payment being made. assets of the Sub-Fund (assets that can be held by a depositary are, in However, investors may suffer loss if the Sub-Fund or the depositary is line with applicable regulations, held with a depositary in its custody unable to pay out. There is no compensation or guarantee scheme in network). JPMorgan Asset Management (Europe) S.à r.l., asplace 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. JPM Climate Change Solutions UCITS ETF - USD (acc) (IE000O8S1EX4) Page 3/3 | Key Information Document | 2 April 2024 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: 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 the productperforms as shown in the moderate scenario Q $ 10,000 is invested. if you exit after 5 years(recommended Example Investment $ 10,000 if you exit after 1 yearholding period) Total Costs $ 72 $ 500 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 8.2% before costs and 8.2% after costs. Composition of costs Annual cost impact if you exit One-off costs upon entry or exit after 1 year Entry costs 0.00% , 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 selling 0 USD you the product may do so. Ongoing costs taken each year Management fees and other 0.55% of the value of your investment per year. 55 USD administrative or operating costs This is an estimate based on actual costs over the last year. Transaction costs 0.17% of the value of your investment per year. This is an estimate of the 17 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 feesThere 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) time during this period however your return may be negatively impacted This product is designed for longer term investments due to the potential by the volatility of its performance. Redemptions are possible on every volatility of its performance; you should be prepared to stay invested forDealing Day, with proceeds settled within 2 business days. at least 5 years. You can redeem your investment without penalty at any How can I complain? If you have a complaint about the Sub-Fund, you can contact us by You can find more details about how to complain and the Management calling +(352) 3410 3060 or by writing to fundinfo@jpmorgan.com orCompany's complaint handling policy in the Contact Us section of the JPMorgan Asset Management (Europe) S.à r.l., 6 route de Trèves, L-2633website at: www.jpmorganassetmanagement.com. Senningerberg, Grand Duchy of Luxembourg If 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 itsby J. P. Morgan Asset Management, acting as a data controller, in sustainable characteristics, may be found in the Prospectus, relevant accordance with applicable data protection laws. Further information supplement and on www.jpmorganassetmanagement.lu. A copy of the about processing activities of J.P. Morgan Asset Management can be Prospectus, relevant supplement and the latest annual and semi-annual found in the EMEA Privacy Policy, which is available at www.jpmorgan. financial report in English and certain other languages and the latest Netcom/emea-privacy-policy. Additional copies of the EMEA Privacy Policy Asset Value are available free of charge upon request from www. are available on request. jpmorganassetmanagement.lu, by email from fundinfo@jpmorgan.com, Cost, performance and risk The cost, performance and risk calculations or by writing to JPMorgan Asset Management (Europe) S.à r.l, 6 route de included in this key information document follow the methodology Trèves, L-2633 Senningerberg, Grand Duchy of Luxembourg. Portfolioprescribed by EU rules. Note that the performance scenarios calculated disclosure policy of JPMorgan ETFs (Ireland) ICAV can be obtained at above are derived exclusively from the past performance of the product www.jpmorganassetmanagement.lu. The latest prices of shares can beor a relevant proxy and that past performance is not a guide to future obtained from your broker.returns. Therefore, your investment may be at risk and you may not get Remuneration Policy The Management Company's Remuneration Policy back the returns illustrated. can be found on http://www.jpmorganassetmanagement.lu/emea- Investors should not base their investment decisions solely upon the remuneration-policy. This policy includes details of how remuneration scenarios shown. and benefits are calculated, including responsibilities and composition Performance scenarios You can find previous performance scenarios of the committee which oversees and controls the policy. A copy of this updated on a monthly basis at https://am.jpmorgan.com/lu/en/asset- policy can be requested free of charge from the Management Company. management/priips/products/IE000O8S1EX4. Tax The Sub-Fund is subject to Irish tax regulations. This may have anPast 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 Asset For an explanation of some of the terms used in this document, Management by telephone, those lines may be recorded and monitoredplease visit the glossary on our website at www. for legal, security and training purposes. You should also take note that jpmorganassetmanagement.lu. information and data from communications with you may be processed JPM Climate Change Solutions UCITS ETF - USD (acc) (IE000O8S1EX4)