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. HSBC MSCI Emerging Markets Small Cap ESG UCITS ETF a sub-fund of HSBC ETFs PLC,(the "UCITS"). The Fund is managed by HSBC Investment Funds (Luxembourg) S.A., authorised in Ireland and supervised by Central Bank of Ireland (CBI). HSBC Asset Management is the brand name for the asset management business of HSBC Group. PRIIP Manufacturer: HSBC Investment Funds (Luxembourg) S.A. Share Class: USD (Acc) Telephone: +352 48 88 961 ISIN: IE000W080FK3 Production Date: 26 March 2025. Website: http://www.etf.hsbc.com What is this product? � Authorised Participants only may deal in the Fund’s shares directly with the UCITS. Type � The Fund’s shares are listed on one or more stock exchange(s). The Fund is an investment company with variable capital. The Fund's value is � You may sell your investment on most working days. dependent on the performance of the underlying assets and may go up as well � The anticipated level of tracking error in normal market conditions is as down. Any capital invested in the Fund may be at risk. expected to be 0.40%. � The reference benchmark has a high level of concentration. This means Objectives and Investment Policythat a small number of securities make up a significant proportion of the Investment Objective: benchmark. The Fund aims to track as closely as possible the returns of the MSCI EmergingIntended Retail Investor Markets Small Cap SRI ESG Universal Select Index (the Index), while integrating Investment in the Fund may be suitable for investors seeking capital environmental, social and governance (ESG) metrics. The Fund will invest in or appreciation with a five year time horizon through investments made gain exposure to shares of companies which make up the Index. primarily in equities that are listed or traded on Recognised Markets, as Investment Policy:defined in the Prospectus. An investor should consider his/her personal The Index is a subset of the MSCI Emerging Markets Small Cap Index (Parenttolerance for the daily fluctuations of the market before investing in the Fund, as Index), and is made up of small cap companies (as measured by the market the volatility of the Fund may be high. Investors should be prepared to bear value of their shares) based in emerging markets worldwide, as defined by the losses. Shares in the Fund will be available to both retail and institutional Index Provider. investors. In replicating the performance of the Index, the Fund promotes certainAn investment in the Fund is only suitable for investors who are capable of environmental, social and/or governance (ESG) characteristics and has beenevaluating the risks and merits of such an investment, and who have sufficient categorised as an Article 8 fund for the purpose of the SFDR. resources to bear any loss as the Fund is not guaranteed and they may receive The Index is constructed by excluding companies with exposure to: back less than the amount invested. The Fund is designed for use as part of a controversial and nuclear weapons, adult entertainment, alcohol, gambling,diversified investment portfolio. Prospective investors should consult with their nuclear power, thermal coal power, fossil fuel and tobacco. The Index applies financial advisor before making an investment. the MSCI ESG Universal methodology by re-weighting free-float market cap Term: weights, based upon certain ESG metrics. The Index is constructed by excluding companies based on the following criteria: unrated companies that The Fund does not have a maturity date. are not assessed by MSCI ESG Research; missing ESG rating; and severe ESG The PRIIP Manufacturer cannot terminate the Fund unilaterally. The Board of controversies that faced very severe controversies pertaining to ESG issues inDirectors may furthermore decide to liquidate the Fund in certain the last three years. The Index is rebalanced on a semi-annual basis. Please circumstances set out in the prospectus and articles of incorporation of the refer the Fund’s Supplement for more details on ESG exclusion criteria andFund. MSCI ESG Universal methodology. Additional Information: The Fund is passively managed and aims to invest in the shares of the companies in generally the same proportion as in the Index. There may be This document describes a single share class of a sub-fund of the Company. circumstances when it is not possible for the Fund to invest in all constituents of Further information about the Company including the Prospectus, the most the Index and may gain exposure by using other investments such asrecent annual and semi-annual reports of the Company and the latest share depositary receipts, funds, or derivatives. prices, may be obtained free of charge, in English, from the Administrator by The Fund may invest up to 10% of its assets in other funds, including HSBCemailing ifsinvestorqueries@hsbc.com, or by visiting www.etf.hsbc.com. The funds.most recent Prospectus is available in English, German and French. Details of the underlying investments of the fund are available on www.etf.hsbc.com. The The Fund may invest up to 35% of its assets in securities from a single issuer indicative intra-day net asset value of the fund is available on at least one major during exceptional market conditions. market data vendor terminal such as Bloomberg, as well as on a wide range of The Fund may invest up to 10% in total return swaps and contracts for websites that display stock market data, including www.reuters.com. The difference. However, this is not expected to exceed 5%. Prospectus, annual and semi-annual reports are prepared for the entire The Fund may also invest in derivatives for efficient portfolio managementCompany. purposes (such as to manage risk and costs, or to generate additional capital or The Depositary is HSBC Continental Europe. The Fund’s assets are kept safe by income) and for investment purposes. the Depositary and are segregated from the assets of other Funds. � The Fund may enter into securities lending transactions for up to 30% of It is possible to switch your shares into shares of a different share class or its assets. However, this is not expected to exceed 25%. sub-fund within the Company. Details of how to do this are in the “Conversion � The reference currency of the Fund is USD. The reference currency ofof Shares - Primary Market” section of the Prospectus. this share class is USD. � Income is reinvested. 1/3 HSBC MSCI Emerging Markets Small Cap ESG UCITS ETF, a sub-fund of HSBC ETFs PLC - USD (Acc) (IE000W080FK3) What are the risks and what could I get in return? Risk Indicator 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, and poor market conditions are could impact our capacity to pay you. 1 2 3 4 5 6 7 Be aware of currency risk. You will 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 Lower risk Higher riskshown above. Additional risks not included in the Summary Risk Indicator (SRI) include: The risk indicator assumes you keep the product for 5 years.Liquidity, Counterparty, Operational, Investment Leverage and Exchange Rate Risk. Please refer to the prospectus for other risks. This product does not include any protection from future market performance so you could lose some or all of your investment. 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 If we are not able to pay you what is owed, you could lose your entire money because of movements in the markets or because we are not able to investment. pay you. Performance Scenarios 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 and a suitable benchmark over the last 10 years. Markets could develop very differently in the future. Recommended Holding Period: 5 Years If you exit If you exit after Investment of USD 10,000 after 1 year 5 years Minimum The Fund is not covered by an investor compensation or guarantee scheme, you may lose some or all of the amount invested. Stress ScenarioWhat you might get back after costs USD2,100 USD4,180 Average return each year -79.02 % -16.01 % Unfavourable Scenario What you might get back after costs USD7,100 USD7,670 Average return each year -28.98 % -5.17 % Moderate Scenario What you might get back after costs USD10,630 USD13,820 Average return each year6.29 %6.68 % Favourable ScenarioWhat you might get back after costs USD18,710 USD17,550 Average return each year 87.13 % 11.90 % 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. The stress scenario shows what you might get back in extreme market circumstances. The unfavourable scenario occurred for an investment between March 2015 and March 2020. The moderate scenario occurred for an investment between December 2019 and December 2024. The favourable scenario occurred for an investment between May 2016 and May 2021. A suitable benchmark was used where the Fund had insufficient history. What happens if HSBC Investment Funds (Luxembourg) S.A. is unable to pay out? The Fund's ability to pay out would not be affected by the default of HSBC Investment Funds (Luxembourg) S.A.. The Fund’s assets are kept safe by the Depositary and are segregated from the assets of other Funds. This means that the holdings of one Fund are kept separate from the holdings of the other Funds and your investment in the Fund cannot be used to pay the liabilities of any other Fund. There is a potential liability risk for the Depositary if the assets of the Fund are lost. The Depositary is liable in case of its negligent or intentional failure to properly fulfil its obligations. In the event of a bankruptcy or insolvency of the Depositary or other service provider, investors could experience delays (for example, delays in the processing of subscriptions, conversions and redemption of shares) or other disruptions and there may be a risk of default. The Fund is not covered by an investor compensation or guarantee 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. Cost 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 periods we have assumed the product performs as shown in the moderate scenario. � USD 10,000 is invested. 2/3 HSBC MSCI Emerging Markets Small Cap ESG UCITS ETF, a sub-fund of HSBC ETFs PLC - USD (Acc) (IE000W080FK3) Recommended Holding Period: 5 YearsIf you exit If you exit Investment of USD 10,000 after 1 year after 5 years Total Costs 50 USD349 USD Annual cost impact % * 0.5%0.5% 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 7.21% before costs and 6.68% after costs. 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. Composition of costs One-off costs upon entry orIf you exit after 1 year exit Entry costs No entry nor exit charges are payable where investors deal in shares in the secondary market – i.e. where shares Up to 0 USD are purchased and sold on a stock exchange. In such cases, investors may pay fees charged by their broker. Authorised Participants dealing directly with the Fund may be subject to a Direct Dealing (Cash Transaction) Fee of up to 3.00% on subscriptions and up 3.00% on redemptions. Exit costs We do not charge an exit fee for this product, but the person selling you the product may do so.0 USD Ongoing costs taken each year Management fees and other 0.35% of the value of your investment per year. This figure is based on the last year’s expenses for the year 35 USD administrative or operating costs ending 29 December 2023. Transaction costs 0.15%* of the value of your investment per year. This is an estimate of the costs incurred when we buy and sell15 USD 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 A conversion charge may be payable. How long should I hold it and can I take money out early? Recommended Holding Period: 5 years Investment in this Fund may be appropriate for investors who plan to invest over a long term. There are no penalties if you wish to redeem your holdings in the Fund prior to the recommended holding period. An exit fee may be applicable, please refer to the "Composition of Costs" table for details. How can I complain? Complaints about the product, or the about the conduct of HSBC Investment Funds (Luxembourg) S.A., or the person advising on or selling the product, should be addressed in writing to 18 Boulevard de Kockelscheuer, 1821 Luxembourg, Grand Duchy of Luxembourg, or by e-mail to hifl.complaint@hsbc.com. Other relevant information *Note: this figure is based on an incomplete data set and is therefore subject to change. An updated figure will be provided in due course. Detailed information for article 8 and 9 sustainable investment products, as categorised under the Sustainable Finance Disclosure Regulation (SFDR), including; description of the environmental or social characteristics or the sustainable investment objective; methodologies used to assess, measure and monitor the environmental or social characteristics and the impact of the selected sustainable investments and; objectives and benchmark information, can be found at: https://www.assetmanagement.hsbc.co.uk/en/intermediary/investment-expertise/sustainable-investments/sustainable-investment-product-offering The previous performance scenarios and past performance of the Fund for the previous 2 years can be found in the Fund Centre section of our website by visiting http://www.etf.hsbc.com. When this product is used as a unit-linked support for a life insurance or capitalization contract, the additional information on this contract, such as the costs of the contract, which are not included in the costs indicated in this document, the contact in the event of a claim and what happens in the event of failure of the insurance company, are presented in the key information document of this contract, which must be provided by your insurer or broker or any other intermediary of insurance in accordance with its legal obligation. 3/3