Key Information DocumentPurposeThis document provides you with key information about this investmentproduct. It is not marketing material. The information is required by law tohelp you understand the nature, risks, costs, potential gains and losses ofthis product and to help you compare it with other products.

Product PIMCO Emerging Markets Advantage Local Bond Index UCITS ETF a sub-fund of PIMCO ETFs plc USD Accumulation (IE00B4P11460) Manufacturer: PIMCO Global Advisors (Ireland) Limited, a member of the PIMCO group. PIMCO Global Advisors (Ireland) Limited is authorised in Ireland and regulated by the Central Bank of Ireland which is responsible for supervising it in relation to this Key Information Document. This Product is authorised in Ireland. For more information on this product, please contact us by phone on +353 1776 9990 or via our website www.pimco.com. This document was produced on 2 September 2024.investment grade” securities and are also considered to be of lower risk. What is this product?

The fund will invest in emerging markets, which in investment terms arethose economies that are still developing. TypeFurther details on the Reference Index are available from the Investment This product is a UCITS sub-fund of a variable capital umbrellaAdvisor on request and on www.pimcoindex.com. investment company with segregated liability between sub-fundsThe fund may invest directly in the constituents of the Reference Index or authorised by the Central Bank of Ireland pursuant to the Europeanmay invest in derivative instruments (such as futures, options and swaps) Communities (Undertakings for Collective Investment in Transferablerather than directly in the underlying securities themselves. The derivatives Securities) Regulations 2011, as amended.return is linked to movements in the underlying assets.The fund is Subject to the conditions set down in the prospectus, shareholders may passively managed (i.e. tracks the Reference Index). The ability of the exchange all or part of their shares of this fund for shares of another fund

Fund to invest in the constitutent securities of the Reference Index may be of the company. Please refer to the section entitled “How To Exchange

impacted by various factors including transaction costs and availability of Shares” in the prospectus for further details. constituent securities. Under normal market conditions, a high level of Term

tracking error is not expected however the inability of the fund to gain This product has no fixed term.exposure to a constituent security may increase the level of tracking error. Objectives For information on the policy regarding portfolio transparency, please refer The fund aims to provide the performance of the PIMCO Emerging to the section of the Prospectus entitled "Portfolio Holdings Disclosure". Markets Advantage Local Currency Bond Index (the "Reference Index").

Dealing Day Shares in the fund can normally be redeemed on a daily Investment Policy

basis. Please refer to the section entitled "How to Redeem Shares" in the The Reference Index is a gross domestic product (“GDP”) weighted

prospectus. benchmark for local emerging market government debt, subject to a

Distribution Policy This share class does not pay out a distribution. Any maximum exposure of 15% per country. The particular countries and theirinvestment income generated will be reinvested. weighting are determined annually. Qualifying countries must have aPortfolio Holdings The indicative intra-day net asset value of the fund is minimum average sovereign rating of BB- (with such ratings provided by available at www.pimco.com, Bloomberg and Reuters. On a daily basis, the recognised rating agencies). The fund invests a substantial portion of its fund discloses on www.pimco.com the identities and quantities of its assets in a diversified portfolio of emerging market local government debt.portfolio holdings that form the basis of its net asset value from the The fund will attempt to achieve its objectives by investing primarily in aprevious dealing day. range of non-USD denominated fixed income securities (which are similarIntended retail investor to loans that pay a fixed or variable rate of interest). The fund may invest

Typical investors in the Fund will be investors looking for exposure to in “investment grade” and “non-investment grade” securities. “Investment

emerging market goverment Fixed Income Instruments and who are willing grade” securities typically produce a lower level of income than “non- to accept a high level of volatility on an absolute basis.

This classification is subject to change over time. What are the risks and what could I get in

We have classified this product as 3 out of 7, which is a medium-low risk return? class. This rates the potential losses from future performance at a medium-low level and poor market conditions are unlikely to impact the Risk Indicator value of your investment. Be aware of currency risk. In some circumstances, you may receive

Lower riskHigher risk payments in a different 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. Other risks not covered by the risk indicator include Emerging Markets

1

23

4 567

Risk, Interest Rate Risk and Currency Risk. For a full list of risks, please refer to the fund’s prospectus. The risk indicator assumes you keep the product for 3 years. TheThis product does not include any protection from future market actual risk can vary significantly if you cash in at an early stage and you performance so you could lose some or all of your investment. 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. Page 1 of 3 | Key Information Document | 2 September 2024 PIMCO Emerging Markets Advantage Local Bond Index UCITS ETF, a sub-fund of PIMCO ETFs plc - USD Accumulation (IE00B4P11460)

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 fund or benchmark over the last 10 years. The stress scenario shows what you might get back in extreme market circumstances.Recommended Holding Period: 3 yearsInvestment: USD 10,000

Scenarios If you exit after 3 years

Minimum: There is no minimum guaranteed return if you exit before 3 years.

If you exit after 1 year (recommended holding period)

You could lose some or all of your investment.

StressWhat you might get back after costs

5,020 USD 5,730 USDAverage return each year

-49.78%

-16.95%

Unfavourable

What you might get back after costs

7,600 USD8,150 USD¹ Average return each year

-23.96%

-6.57%¹

Moderate

What you might get back after costs

9,710 USD9,860 USD² Average return each year-2.93%

-0.48%²

Favourable What you might get back after costs 11,310 USD

11,360 USD³ Average return each year

13.13%4.35%³ ¹ This type of scenario occurred for an investment between June 2019 and June 2022. ² This type of scenario occurred for an investment between February 2021 and February 2024. ³ This type of scenario occurred for an investment between January 2016 and January 2019.What happens if PIMCO Global Advisors (Ireland) Limited is unable to pay out? As a collective investment scheme that has engaged an independent depositary to perform safekeeping and ownership verification duties on its assets in accordance with EU law, your investment is not exposed to the credit risk of PIMCO Global Advisors (Ireland) Limited. Nonetheless you may face financial loss should PIMCO Global Advisors (Ireland) Limited or the depositary, State Street Custodial Services (Ireland) Limited default on their obligations. There is no compensation or guarantee scheme in place which may offset, all or any of, this 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. 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 period, we have assumed the fund performs as shown in the moderate scenario. Investment: USD 10,000

If you exit after 1 yearIf you exit after 3 yearsTotal costs

643 USD

735 USD

Annual cost impact (*)

6.4%

2.5% (*) 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 2.1% before costs and -0.5% after costs. Page 2 of 3 | Key Information Document | 2 September 2024 PIMCO Emerging Markets Advantage Local Bond Index UCITS ETF, a sub-fund of PIMCO ETFs plc - USD Accumulation (IE00B4P11460)

Composition of costs One-off costs upon entry or exit

If you exit after 1 year

The impact of the costs you pay when entering your investment.

Entry costsThis is the most you will pay, and you could pay less.289 USD

This is the maximum that might be taken out of your money before it is invested /

before the proceeds of your investment are paid out. ETF investors can buy or sell

shares in the secondary market. The entry and exit charges here are not applicable

to secondary market investors. Secondary market investors may incur brokerage

Exit costs and/or transaction fees related to their dealings and may also bear the costs of

298 USD

"bid-ask" spreads (the prices at which shares can be bought and sold). You should

discuss these fees and costs with you financial advisor or broker before you invest,

as they may reduce the amount of your investment.Ongoing costs taken each year If you exit after 1 year Management fees and other

0.4% of the value of your investment per year. This is an estimate based on actual

administrative or operatingcosts over the last year. 39 USD

costs

The impact of the costs of us buying and selling underlying investments for the

Transaction costs

product. This amount will vary depending on how much the fund buys and sells

16 USD

underlying investments. Incidental costs taken under specific conditions

If you exit after 1 year Performance fees

This product does not have any performance fees.

0 USD

How long should I hold it and can I take money out early? Recommended holding period: 3 years This product has no required minimum holding period but is designed for medium term investment; you should be prepared to stay invested for at least 3 years. The fund's net asset value is calculated daily and the fund is open for redemptions on each business day in England. Please refer to the prospectus for further information. The fund shares are listed on one or more Stock Exchanges. As the fund is an exchange traded fund (“ETF”), in normal market conditions typically only authorised participants may subscribe or redeem shares directly with the fund. Other investors can buy or sell shares daily through an intermediary directly or on stock exchanges on which then shares are traded, i.e. on the secondary market. In exceptional circumstances, other investors will be permitted to redeem their shares directly from the Company in accordance with the redemption procedures set out in the prospectus, subject to applicable laws and any relevant charges.How can I complain? If you have any complaints about the product or conduct of the manufacturer or the person advising on, or selling the product, you may lodge your complaint in one of three ways:  You can contact us on + 353 1776 9990 and we will log your complaint and explain what to do.  You may log your complaint via our website www.pimco.com or via email PIMCOEMteam@statestreet.com.  You may send your complaint in writing to PIMCO Shareholder Services State Street Fund Services (Ireland) Limited 78 Sir John Rogerson’s

Quay, Dublin 2, D02 HD32 Ireland. Other relevant information Depositary State Street Custodial Services (Ireland) Limited. Prospectus and further information Further information on the fund or other share classes or sub-funds of the company, including the prospectus, supplement in respect of the product and the most recent annual report and semi-annual reports of the company may be obtained free of charge and on request in English from the Administrator or from PIMCO Shareholders Services at PIMCOEMteam@statestreet.com. The documents are available in local languages and free of charge on request from PIMCO Shareholder Services at PIMCOEMteam@statestreet.com. Details of PIMCO Global Advisors (Ireland) Limited’s remuneration policy is available at www.pimco.com and a paper copy will also be available free of charge upon request. Share prices/NAV Prices of shares and other information can be obtained at www.pimco.com. Please visit our dedicated page on https://www.priips.pimco.com/etf to view the fund's historical performance and the monthly performance scenarios over the past 10 years. Page 3 of 3 | Key Information Document | 2 September 2024