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 PIMCO Covered Bond UCITS ETF a sub-fund of PIMCO ETFs plc EUR Income (IE00BF8HV717) 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 29 April 2024. considered to be of lower risk. The fund may hold Euro and non-Euro What is this product?

denominated fixed income securities and denominated currency positions. The fund may invest in derivative instruments (such as futures, options and Type swaps) rather than directly in the underlying securities themselves. The This product is a UCITS sub-fund of a variable capital umbrella derivatives return is linked to movements in the underlying assets. investment company with segregated liability between sub-funds The fund is an active ETF and will aim to meet its objectives and authorised by the Central Bank of Ireland pursuant to the European investment policy as outlined above and as further described in the Communities (Undertakings for Collective Investment in Transferable prospectus. Securities) Regulations 2011, as amended. The fund will promote environmental and social characteristics through an Subject to the conditions set down in the prospectus, shareholders may

exclusion strategy and, where applicable, issuer engagement. exchange all or part of their shares of this fund for shares of another fundThe fund is considered to be actively managed in reference to the Index by of the company. Please refer to the section entitled “How To Exchange

virtue of the fact that the Bloomberg Euro Aggregate Covered 3% Cap Shares” in the prospectus for further details.

Index (the "Index") is used for duration measurement and for performance Termcomparison purposes. Certain of the fund’s securities may be components This product has no fixed term. of and may have similar weightings to the Index. However, the Index is not Objectives

used to define the portfolio composition of the fund or as a performance The fund aims to generate income while preserving and increasing thetarget and the fund may be wholly invested in securities which are not amount originally invested. constituents of the Index. Investment Policy

Dealing Day Shares in the fund can normally be redeemed on a daily The fund will seek to achieve its investment objective by primarily basis. Please refer to the section entitled "How to Redeem Shares" in the investing in an actively managed portfolio of fixed income securities

prospectus. (which are similar to loans that pay a fixed or variable rate of interest) of

Distribution Policy This share class pays out a distribution of any which at least 80% will be invested in covered bonds in accordance with investment income generated by the fund. You may elect for this to be the policies set out below. Covered bonds are securities issued by areinvested into the fund. financial institution and backed by a group of loans residing on thePortfolio Holdings The indicative intra-day net asset value of the fund is balance sheet of the financial institution known as the “cover pool”. The

available at www.pimco.com, Bloomberg and Reuters. On a daily basis, the assets in the pools can consist of high quality private mortgage loans or

fund discloses on www.pimco.com the identities and quantities of its public sector loans or a mix of the two.portfolio holdings that form the basis of its net asset value from the The fund may also invest in fixed income securities which are not covered

previous dealing day. bonds issued by corporates (excluding financials) which are “investment Intended retail investor grade”. “Investment grade” securities typically produce a lower level ofTypical investors in the Fund will be investors looking for a basic fixed income than “non-investment grade” securities and they are also income investment that has a minimal amount of risk and volatility.

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

We have classified this product as 2 out of 7, which is a low risk class. return?

This rates the potential losses from future performance at a low level and

poor market conditions are very unlikely to impact the value of your Risk Indicator

investment.

Be aware of currency risk. In some circumstances, you may receive

Lower risk

Higher riskpayments 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 Interest Rate Risk

1

23

4

5 6

7

and Mortgage Related and Other Asset Backed Securities Risks. For a

full list of risks, please refer to the fund’s prospectus. The risk indicator assumes you keep the product for 3 years. The This 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 | 29 April 2024 PIMCO Covered Bond UCITS ETF, a sub-fund of PIMCO ETFs plc - EUR Income (IE00BF8HV717)

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: EUR 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

7,910 EUR

7,860 EURAverage return each year-20.86% -7.71%

Unfavourable

What you might get back after costs8,120 EUR 8,130 EUR¹Average return each year-18.83%-6.68%¹

Moderate

What you might get back after costs

9,530 EUR 9,880 EUR²Average return each year -4.68%-0.40%²

FavourableWhat you might get back after costs

10,330 EUR 10,370 EUR³Average return each year 3.29%

1.23%³ ¹ This type of scenario occurred for an investment between February 2020 and February 2023. ² This type of scenario occurred for an investment between September 2015 and September 2018. ³ This type of scenario occurred for an investment between February 2014 and February 2017.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: EUR 10,000 If you exit after 1 yearIf you exit after 3 yearsTotal costs633 EUR 709 EUR

Annual cost impact (*)

6.3%2.4% (*) 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 2.0% before costs and -0.4% after costs. Page 2 of 3 | Key Information Document | 29 April 2024 PIMCO Covered Bond UCITS ETF, a sub-fund of PIMCO ETFs plc - EUR Income (IE00BF8HV717)

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 costs

This is the most you will pay, and you could pay less.290 EUR 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 costsand/or transaction fees related to their dealings and may also bear the costs of

299 EUR "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 yearIf 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 operating

costs over the last year. 43 EUR

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

2 EUR 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 EUR

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 day the Deutsche Börse AG and banks in London are open for business. 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 | 29 April 2024