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. Product iShares S&P 500 3% Capped UCITS ETF (the “Fund”), USD Accu (the "Share Class"), ISIN: IE000YIXESS9, is authorised in Ireland and manufactured by BlackRock Asset Management Ireland Limited (the “Manager”) which is part of the BlackRock, Inc group. The Manager is authorised in Ireland and regulated by the Central Bank of Ireland (the “CBI”) and the CBI is responsible for supervising the Manager in relation to this Key Information Document. More information is available at www.blackrock.com or by calling +49 89427295800. This document is dated 09 April 2026. What is this product? Type: The Fund is a sub-fund of iShares VII plc, an umbrella company incorporated in Ireland, authorised by the Central Bank of Ireland as a Undertaking for Collective Investment in Transferable Securities (“UCITS”). The Fund is a UCITS exchange-traded fund, a UCITS ETF. Term: The Fund does not have a fixed term of existence or maturity period but in certain circumstances, as described in the Fund prospectus, the Fund may be unilaterally terminated following written notice to unitholders subject to compliance with the Fund prospectus and applicable regulation. Objectives The Share Class is a share class of a Fund which aims to achieve a total return, through a combination of capital growth and income on the Fund’s assets , which reflects the return of the S&P 500 3% Capped Index, the Fund’s benchmark index (“Index”). The Share Class, via the Fund, is passively managed and aims to invest so far as possible and practicable in the equity securities (e.g. shares) that make up the Index. The S&P 500 3% Capped Index is designed to measure the performance of securities within the S&P 500 Index (the “Parent Index”) with a 3% cap to the weight of each company within the Index. The Parent Index measures the performance of 500 stocks from top US companies in leading industries of the US economy which comply with S&P’s size, liquidity and free-float criteria. The Index is free-float market capitalisation weighted and rebalances on a quarterly basis. The Fund intends to replicate the Index by holding equity securities, which make up the Index, in similar portions to it. The investment manager may use financial derivative instruments (“FDIs”) (i.e. investments the prices of which are based on one or more underlying assets) to help achieve the Fund’s investment objective. FDIs may be used for direct investment purposes. The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to off-set the costs of the Fund. The price of equity securities fluctuates daily and may be influenced by factors affecting the performance of the individual companies issuing the equities, as well as by daily stock market movements, and broader economic and political developments which in turn may affect the value of your investment. The relationship between the return on your investment, how it is impacted and the period for which you hold your investment is considered below (see “How long should I hold it and can I take my money out early?”). The depositary of the Fund is State Street Custodial Services (Ireland) Limited. Further information about the Fund can be obtained from the latest annual report and half-yearly reports of the iShares VII plc. These documents are available free of charge in English and certain other languages. These can be found, along with other (practical) information, including prices of units, on the iShares website at: www.ishares.com or by calling +49 89427295800 or from your broker or financial adviser. Your shares will be accumulating shares (i.e. income will be included in their value). Your shares will be denominated in US Dollar, the Fund's base currency. The shares are listed and traded on various stock exchanges. In normal circumstances, only authorised participants may buy and sell shares directly with the Fund. Investors who are not authorised participants (e.g. select financial institutions) can generally only buy or sell the shares on the secondary market (e.g. via a broker on a stock exchange) at the then prevailing market price. The value of the shares are related to the value of the underlying assets of the Fund, less costs (see “What are the costs?” below). The prevailing market price at which the shares trade on the secondary market may deviate from the value of the Shares. Indicative net asset value is published on relevant stock exchanges websites. Intended retail investor: The Fund is intended for retail investors with the ability to bear losses up to the amount invested in the Fund (see “How long should I hold it and can I take my money out early?”). Insurance benefits: The Fund does not offer any insurance benefits. 1 What are the risks and what could I get in return? Risk Indicator Lower risk Higher riskThe risk indicator assumes you keep the product for 5 years. The actual risk can vary significantly if you cash in at anearly 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 theproduct will lose money because of movements in the markets or because we are not able to pay you.We have classified this product as 5 out of 7, which is a medium high risk class. This classification rates the potential losses from futureperformance at a medium high level, and poor market conditions could affect the value of your investment. This classification is notguaranteed and may change over time and may not be a reliable indication of the future risk profile of the Fund. The lowest category doesnot mean risk free.Be aware of currency risk. If you receive payments in a currency that is different to the product's base currency, the final return you will getdepends on the exchange rate between the two currencies. This risk is not considered in the indicator shown above.Please refer to the product's Prospectus for details of other materially relevant risks that may apply to this product.This product does not include any protection from future market performance so you could lose some or all of your investment.If the product is not able to pay you what is owed, you could lose your entire investment. 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, which may include input from benchmark(s) / proxy, over the last ten years. Markets could develop very differently in the future. Recommended holding period : 5 years Example Investment : USD 10,000 Scenarios If you exit after 1 year If you exit after 5 years Minimum There is no minimum guaranteed return. You could lose some or all of your investment. Stress* What you might get back after costs 7,330 USD3,790 USD Average return each year -26.7% -17.6% Unfavourable** What you might get back after costs 8,260 USD11,450 USD Average return each year -17.4% 2.7% Moderate** What you might get back after costs 11,480 USD 19,110 USD Average return each year 14.8%13.8% Favourable** What you might get back after costs 15,440 USD 22,480 USD Average return each year 54.4%17.6% * The stress scenario shows what you might get back in extreme market circumstances. ** This type of scenario occurred for an investment in the product and/or benchmark(s) or proxy between : Scenarios 1 year 5 years Unfavourable December 2021 - December 2022January 2025 - January 2026 Moderate July 2024 - July 2025October 2019 - October 2024 Favourable March 2020 - March 2021 March 2020 - March 2025 What happens if BlackRock Asset Management Ireland Limited is unable to pay out? The assets of the Fund are held in safekeeping by its depositary, The Bank of New York Mellon SA/NV, Dublin Branch (the “Depositary”). In the event of the insolvency of the Manager, 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. However, 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 properly to fulfil its obligations (subject to certain limitations). As a shareholder of the Fund you would not be able to make a claim to the UK Financial Services Compensation Scheme or any other scheme about the Fund in the event that the Fund is unable to pay out. 2 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 periods we have assumed the product performs as shown in the moderate scenario. USD 10,000 is invested. If you exit after 1 year If you exit after 5 years Total costs 20 USD192 USD Annual cost Impact (*)0.2% 0.2% (*) 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 14.1% before costs and 13.8% 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 If you exit after 1 One-off costs upon entry or exit year Entry costs We do not charge an entry fee.1 - Exit costsWe do not charge an exit fee.1 - Ongoing costs taken each year Management fees and 0.20% of the value of your investment per year. This is based on estimated costs. Any 20 USD other administrative or underlying product costs are included here with the exception of transaction costs which operating costs would be included below under 'Transaction costs'. Transaction costs 0.00% of the value of your investment per year. This is an estimate of the costs incurred 0 USDwhen we buy and sell the underlying investments for the product. The actual amount willvary depending on how much we buy and sell. Incidental costs taken under specific conditions Performance fees There is no performance fee for this product.- 1Not applicable to secondary market investors. Investors dealing via stock exchanges will pay fees charged by stock brokers. Such charges can be obtained on exchanges where the shares are listed and traded, or from stock brokers. Authorised participants dealing directly with the Fund or the Management Company will pay related transaction costs. How long should I hold it and can I take money out early? Recommended Holding Period: 5 years The recommended holding period (RHP) has been calculated in line with the investment strategy of the Fund and the time frame in which it is expected that it will be possible to achieve the investment objective of the Fund. Any investment should be considered against your specific investment needs and appetite for risk. BlackRock has not considered the suitability or appropriateness of this investment for your personal circumstances. If you are in any doubt about the suitability of the Fund to your needs you should seek appropriate professional advice. Details of dealing frequency can be found under “What is this product?”. You may receive less than expected if you cash in earlier than the RHP. The RHP is an estimate and must not be taken as a guarantee or an indication of future performance, return or risk levels. Please see the “What are the costs?” section for details of any exit fees. How can I complain? If you are not entirely satisfied with any aspect of the service you have received and you wish to complain, details of our complaints handling process are available at www.blackrock.com/uk/individual/about-blackrock/contact-us. Additionally, you can also write to the Investor Services Team, at BlackRock’s UK Registered Office, 12 Throgmorton Avenue, London, EC2N 2DL or e-mail them at info@ishares.co.uk. Other relevant information The latest version of this document, previous performance scenario of the Fund, the latest annual report and half-yearly report and any additional information issued to shareholders can be obtained free of charge, in English, from www.blackrock.com or by calling the Investor Services Team on +49 89427295800 or from your broker, financial adviser or distributor. There is insufficient data to provide a useful indication of past performance. The benchmark(s) referenced herein are the intellectual property of the index provider(s). The product is not sponsored or endorsed by the index provider(s). Please refer to the product’s prospectus and/or www.blackrock.com for full disclaimer(s). The Remuneration Policy of the Management Company, which describes how remuneration and benefits are determined and awarded, and the associated governance arrangements, is available at www.blackrock.com/Remunerationpolicy or on request from the registered office of the Manager.3