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 Invesco USD IG Corporate Bond Yield Plus UCITS ETF (the "Fund") A sub-fund of Invesco Markets IV ICAV (the "Umbrella Fund") GBP Hdg Dist (ISIN: IE000Z87ZVJ8) (the "Share Class") PRIIP Manufacturer: The Fund is managed by Invesco Investment Management Limited, part of the Invesco Group. Invesco Investment Management Limited is authorised in Ireland and regulated by the Central Bank of Ireland. The Central Bank of Ireland is responsible for supervising Invesco Investment Management Limited in relation to this Key Information Document. More information is available at https://etf.invesco.com or by calling +353 1 439 8000. This Key Information Document is accurate as at 19 February 2026. What is this product? Type the index provider. Securities' principal and interest must be denominated in USD. The Fund is an Exchange-Traded Fund ("ETF"), a sub-fund of the Umbrella Fund Only securities with at least 18 months to final maturity (i.e. the time until they which is incorporated in Ireland and authorised by the Central Bank of Ireland as a become due for repayment) and at least USD500mn par amount outstanding may limited liability umbrella type open-ended UCITS investment company with be included in the Index. The constituents of the Index are selected every quarter variable capital and segregated liability between its sub-funds. when allsecurities in the Parent Index are grouped into 20 categories depending Term on a combination of a security’s remaining time to maturity and its sector The Fund has no maturity date. The Fund may be terminated unilaterally by theclassification. Within their respective categories, securities are ranked based on directors of the ICAV and there are circumstances in which the Fund can be their Benchmark Spread as determined by the index provider. The index provider terminated automatically, as further described in the prospectus.selects securities that rankin the top 50% based on their Benchmark Spread within each respective category to construct the Index. The Index is market value Objectives weighted. The Index is reconstituted on a quarterly basis to screen and select Investment objective:eligible securities based on Benchmark Spread. The Index rebalances monthly. The objective of the Fund is to provide exposure to the performance of USD This document provides a summary of the principal features of the Index, the denominated investment grade rated corporate bonds with a high Benchmark complete description of the Index (available from the Index provider) shall at all Spread. times prevail. Investors should note that the Index is the intellectual property of the Investment approach: Index provider. The Fund is not sponsored or endorsed by the Index provider and The Fund is a passively managed ETF. a full disclaimer can be found in the Fund’s supplement. To achieve the investment objective the Fund will seek to track the total return Dividend Policy: performance of the iBoxx USD Corporates Investment Grade Spread Select Top This Share Class declares and distributes a dividend on a quarterly basis. 50% TCA Index (the "Index"), less fees, expenses and transaction costs. Redemption and Dealing of Shares: The Fund will employ sampling techniques to select securities in the Index which The Fund's shares are listed on one or more Stock Exchange(s). Investors can may include but are not limited to index weighted average duration and creditbuy or sell shares daily through an intermediary directly or on Stock Exchange(s) quality. The use of the sampling approach will result in the Fund holding a smaller on which the shares are traded. In exceptional circumstances investors will be number of securities than are in the underlying Index. permitted to redeem their shares directly from Invesco Markets IV ICAV in The Fund may engage in securities lending, whereby 90% of the revenues arising accordance with the redemption procedures set out in the prospectus, subject to from securities lending will be returned to the Fund and 10% of the revenues willany applicable laws and relevant charges. be retained by the securities lending agent. The Fund may be exposed to the risk of the borrower defaulting on its obligation to Intended Retail Investor return the securities at the end of the loan period and of being unable to sell the The Fund is intended for investors aiming for income and long term capital growth, collateral provided to it if the borrower defaults. who may not have specific financial expertise but are able to make an informed The Fund may use derivative instruments for the purposes of managing risk, investment decision based on this document, the supplement, and the prospectus, reducing costs, generating additional capital or income. have a risk appetite consistent with the risk indicator displayed below and The Fund’s base currency is USD. understand that there is no capital guarantee or protection (100% of capital is at The Share Class currency is GBP. To minimise exposure to fluctuations in the risk). exchange rate between the Fund's base currency and the Share Class currency, Practical Information the Share Class enters into foreign exchange transactions (typically FX forwards). Fund Depositary: The Bank of New York Mellon SA/NV, Dublin Branch, Riverside Currency hedging between the base currency of the Fund and the currency of the Two, Sir John Rogerson’s Quay, Grand Canal Dock, Dublin 2, D02 KV60, Ireland. Share Class may not completely eliminate the currency risk between those two Find out more: Further information can be obtained from the prospectus, the currencies and may affect the performance of the Share Class.supplement, latest annual report and any subsequent interim reports. This The Index: document is specific to the Fund. However, the prospectus, annual report and the The Index is designed to reflect the performance of USD denominated, investment interim reports are prepared for the ICAV of which the Fund is a sub-fund. grade rated corporate bonds, while aiming to provide a yield enhancement These documents are available free of charge in English. They can be obtained compared to the iBoxx USD Corporates Index (the "Parent Index"), by selectingalong with other practical information, such as share prices, at the bonds with the highest Benchmark Spread within the Parent Index.The Parent https://etf.invesco.com (select your country and navigate to the Documents section Index provides exposure to the performance of USD denominated investment on the product page), or by calling +353 1 439 8000. grade corporate bonds. Benchmark Spread means a premium above the yield on The assets of the Fund are segregated as a matter of Irish law and as such, in a default-free bond with similar time to maturity (also known as the "benchmark Ireland, the assets of one sub-fund will not be available to satisfy the liabilities of rate"), which seeks to compensate for the additional risk associated with holding a corporate bond that is not considered default-free. It is calculated as the difference another sub-fund. This position may be considered differently by the courts in between the yield on a corporate bond and the benchmark rate (e.g. USD jurisdictions outside of Ireland. denominated government bonds with similar time to maturity). The securities will Subject to satisfying certain criteria as set out in the supplement, investors may be be rated investment grade at the time of inclusion in the Index, as determined byable to exchange their investment in the Fund for shares in another sub-fund of the ICAV which is being offered at that time. What are the risks and what could I get in return? Risk Indicator Lower Risk 12 3 4 56 7Higher Risk The risk indicator assumes that 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 3 out of 7, which is a medium-low risk class. This rates the potential losses from future performance at a medium-low level, and poor market conditions are unlikely to impact the ability for you to receive a positive return on your investment. Be aware of currency risk. In some circumstances, you may receive payments in a different currency from your local currency, so the final return you will get may depend on the exchange rate between the two currencies. This risk is not considered in the indicator shown above. For other risks materially relevant to this product which are not taken into account in the summary risk indicator, please refer to the prospectus and/or the Fund’s supplement. This product does not include any protection from future market performance so you could lose some or all of your 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 /a suitable benchmark over the last 10 years. The scenarios shown are illustrations based on results from the past and on certain assumptions. Markets could develop very differently in the future. The stress scenario shows what you might get back in extreme market circumstances. The unfavourable scenario occurred for an investment in the proxy between July 2021 and August 2025. The moderate scenario occurred for an investment in the proxy between July 2017 and July 2022. The favourable scenario occurred for an investment in the proxy between December 2015 and December 2020. Recommended holding period: 5 years Example Investment: GBP 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. StressWhat you might get back after costs 7,900 GBP 7,160 GBPAverage return each year -21.03 % -6.48 % Unfavourable What you might get back after costs 8,020 GBP 10,050 GBPAverage return each year -19.77 % 0.10 % Moderate What you might get back after costs 10,490 GBP11,080 GBPAverage return each year 4.93 %2.07 % FavourableWhat you might get back after costs 11,670 GBP14,280 GBPAverage return each year 16.66 % 7.38 % What happens if Invesco Investment Management Limited is unable to pay out? The assets of the Fund are segregated from those of Invesco Investment Management Limited. In addition, The Bank of New York Mellon SA/NV, Dublin Branch (the "Depositary"), as the depositary of the ICAV, is responsible for the safekeeping of the assets of the Fund. To that effect, if Invesco Investment Management Limited defaults, there will be no direct financial impact on the Fund. In addition, the assets of the Fund shall be segregated from the Depositary’s assets, which may limit the risk for the Fund suffering some loss in case of default by the Depositary. As a shareholder in the Fund, there is no compensation or guarantee scheme in place. 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 and 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: - 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. - GBP 10,000 is invested. If you exit after 1 year If you exit after 5 years Total costs29 GBP 162 GBP Annual cost impact (*)0.3% 0.3% 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 2.4% before costs and 2.1% after costs. Composition of costs One-off costs upon entry or exit If you exit after 1 year Entry costsWe do not charge an entry fee for this product, but the person selling you the 0 GBP product may do so. Exit costs We do not charge an exit fee for this product, but the person selling you the 0 GBP product may do so. Ongoing costs [taken each year] Management fees and other 0.17% of the value of your investment per year. This is an estimate based on17 GBP administrative or operating costs actual costs over the last year, or on expected costs if newly launched. Transaction costs 0.12% of the value of your investment per year. This is an estimate of the costs12 GBPincurred when we buy and sell the underlying investments for the product. Theactual amount will vary depending on how much we buy and sell. Incidental costs taken under specific conditions Performance fees There is no performance fee for this product. 0 GBP How long should I hold it and can I take money out early? Recommended holding period: 5 years This Share Class has no required minimum holding period however we have selected 5 year(s) as the recommended holding period as the Share Class invests for the long term therefore you should be prepared to stay invested for at least 5 year(s). You can sell your shares in the Share Class during this period, or hold the investment longer. For details of how to redeem your shares please refer to the “Objectives” section under “What is this product?” and consult the “What are the costs?” section for details of any applicable fees. If you sell some or all of your investment before 5 year(s) your investment will be less likely to achieve its objectives, however, you will not incur any additional costs by doing so. How can I complain? If you have any complaints about the Fund or the conduct of Invesco Investment Management Limited or the person advising on, or selling the Fund, you may lodge your complaint as follows: (1) You may log your complaint via email to investorcomplaints@invesco.com; and/or (2) You may send your complaint in writing to the ETF Legal Department, Invesco, Ground Floor, 2 Cumberland Place, Fenian Street, Dublin 2, Ireland, D02 H0V5. In the event that you are not satisfied with our response to your complaint you can refer the matter to the Irish Financial Services and Pensions Ombudsman by filling out an online complaint form on their website: https://www.fspo.ie/. For more information, please refer to the Shareholder Complaint Handling Procedure at https://www.invescomanagementcompany.ie/dub-manco. Other relevant information Additional Information: We are required to provide you with further information, such as the prospectus, the supplement, the latest annual report and any subsequent interim reports. These documents and other practical information are available free of charge at https://etf.invesco.com (select your country and navigate to the Documents section of the product page). Previous Performance Scenarios: You can view the previous performance scenarios of the Share Class on our website at https://www.invesco.com/emea/en/priips.html. Past performance: As this product has no performance data for a complete calendar year, there is insufficient data to provide a useful indication of past performance.