Page 1/3 Purpose Key Information Document This document provides you with key information about thisinvestment product. It is not marketing material. The information isrequired by law to help you understand the nature, risks, costs,potential gains and losses of this product and to help you compare itwith other products. Product JPM Global High Yield Corporate Bond Multi-Factor Active UCITS ETF - GBP Hedged (dist) IE00BKV0QF55 a share class of JPMorgan ETFs (Ireland) ICAV – Global High Yield Corporate Bond Multi-Factor Active UCITS ETF a sub-fund of JPMorgan ETFs (Ireland) ICAV For more information on this product, please refer to www.jpmorganassetmanagement.lu or call +(352) 3410 3060 The Commission de Surveillance du Secteur Financier (CSSF) is responsible for supervising the manufacturer, JPMorgan Asset Management (Europe) S.à.r.l., (a member of JPMorgan Chase & Co.) in relation to this Key Information Document. The Sub-Fund is authorised in Ireland and regulated by the Central Bank of Ireland ("CBI"). THIS DOCUMENT WAS PRODUCED ON 4 JUNE 2025 What is this product? Typegenerate more attractive returns over the long term. This product is a UCITS exchange traded fund or "UCITS ETF". It is a• Momentum — the tendency of securities which have exhibited sub-fund of JPMorgan ETFs (Ireland) ICAV, an Irish collective asset-higher returns to continue to exhibit more attractive returns relative to management vehicle constituted as an umbrella fund with their volatility. segregated liability between its sub-funds and authorised by the CBI• Quality — the tendency of securities of financially-stable entities pursuant to the European Communities (Undertakings for Collective (based on measures of their solvency or profitability) to generate Investment in Transferable Securities) Regulations 2011 (as more attractive returns relative to their volatility over the long term. amended). The Sub-Fund will seek to outperform the Benchmark over the long- Objectives, Process and Policiesterm. The Benchmark consists of below investment grade, fixed rate Objective The objective of the Sub-Fund is to achieve a long-term corporate debt securities, such as bonds and notes, of varying return in excess of the Benchmark by actively investing primarily in a maturity, issued globally ("Benchmark Securities"). The Benchmark portfolio of below investment grade corporate debt securities, has been included as a point of reference against which the globally. performance of the Sub-Fund may be measured. The Sub-Fund will Share Class Benchmark ICE BofA Global High Yield Index bear a some resemblance to its Benchmark. Investment Policy The Sub-Fund pursues and actively-managed The Sub-Fund will not seek to track the performance of or replicate investment strategy.the Benchmark, rather the Sub-Fund will hold a portfolio of below The Sub-Fund aims to invest at least 67% of its assets (excluding investment grade corporate debt securities (which may include but assets held for ancillary liquidity purposes) in below investment grade will not be limited to Benchmark Securities) which are actively corporate debt securities. Issuers of these securities may be located selected and managed with the aim of delivering an investment in any country, including emerging markets. performance which exceeds that of the Benchmark over the long- The Sub-Fund systematically includes ESG analysis in its investment term. decisions on at least 75% of non-investment grade and emerging The Investment Manager systematically considers ESG issues in its market securities purchased. Pursuant to the Sub-Fund's ESG investment analysis and investment decisions with the goals of analysis, at least 51% of the Sub-Fund's Net Assets Value is invested managing risk and improving long-term returns. The Investment in issuers with positive environmental and/or social characteristicsManager considers third-party ESG scores by taking into account the that follow good governance practices, as measured through the trade-off between an issuers ESG score and its multi-factor score) in Investment Manager's proprietary ESG scoring methodology and/or its systematic selection process. Similar to the multi-factor process third party data. The Sub-Fund promotes environmental and/or social described below, the Investment Manager will evaluate ESG scores on characteristics. Further details on the ESG analysis applied area peer-adjusted basis. These determinations may not be conclusive provided below. and securities of issuers which may be negatively impacted by such The Sub-Fund invests at least 10% of its Net Asset Value in issues may be purchased and retained by the Sub-Fund while the Sustainable Investments, as defined under SFDR, contributing to Sub-Fund may divest or not invest in securities of issuers which may environmental or social objectives. be positively impacted by such issues where the Investment Manager The Investment Manager evaluates and applies values and norms believes that this is in the best interests of the Sub-Fund on the basis based screening to implement exclusions on certain industries and of the other elements of the investment policy. issuers based on specific ESG criteria and/or minimum standards of The Sub-Fund may invest in assets denominated in any currency and business practice based on international norms. To support this currency exposure may be managed by reference to the Benchmark. screening, the Investment Manager relies on third party provider(s) The Sub-Fund may, for efficient portfolio management purposes, use who identify an issuer's participation in or the revenue which they financial derivative instruments. derive from activities that are inconsistent with the values and norms USD is the base currency of the Sub-Fund. based screens. The list of screens applied that may result in The Sub-Fund will publicly disclose its complete holdings on a daily exclusions can be found on the Website (www.basis. Details of the Sub-Fund's holdings and full disclosure policy jpmorganassetmanagement.ie).may be found on www.jpmorganassetmanagement.ie. The Investment Manager aims to outperform the Benchmark over theThis Share Class seeks to minimise the effect of currency fluctuations long-term by investing in below investment grade corporate debt between the currency of certain (but not necessarily all) assets of the securities globally which display certain factor characteristics more Sub-Fund and the Reference Currency of this Share Class (GBP). strongly when compared to their peer group (i.e. other corporateRedemption and Dealing Shares of the Sub-Fund are traded on one or bonds in the same market sector, denominated in the same currency more stock exchanges. Certain market makers and brokers may and with similar creditworthiness). Factors are characteristics thatsubscribe and redeem Shares directly with JPMorgan ETFs (Ireland) describe the risk and return profile of securities from which investors ICAV, and are referred to as "Authorised Participants". Other investors expect to achieve above average returns over time, through assuming who are not Authorised Participants can purchase and sell Shares a particular risk or taking advantage of a behavioural bias.daily on a recognised stock exchange or over-the-counter. The Investment Manager selects securities by applying a quantitativeDistribution Policy This Share Class will normally pay dividends semi- security selection process that uses multiple factors, refered to asannually. "multi-factor". This process involves selecting below investment grade SFDR Classification Article 8 corporate debt securities issued globally according to an overall Intended retail investor multi-factor score derived from equally weighting the three factors This product is intended for investors who plan to stay invested for at described below:least 5 years. • Value — the tendency of securities trading at a wider spread relative Q Investors should understand the risks involved, including the risk to their fundamental characteristics (such as default probability) to of losing all capital invested and must evaluate the Sub-Fund All data is sourced by J.P. Morgan Asset Management and is correct as at the date of this commentary unless otherwise stated. Page 2/3 | Key Information Document | 4 June 2025 objective and risks in terms of whether they are consistent with Legal Information JPMorgan Asset Management (Europe) S.à r.l. may their own investment goals and risk tolerances. The Sub-Fund is be held liable solely on the basis of any statement contained in this not intended as a complete investment plan. document that is misleading, inaccurate or inconsistent with the Q The Sub-Fund is aimed at investors seeking to achieve a long-term relevant parts of the Prospectus. return in excess of the Benchmark by actively investing primarily in The Sub-Fund is sub-fund of JPMorgan ETFs (Ireland) ICAV, an Irish a portfolio of global below investment grade corporate bonds, with collective asset-management vehicle with segregated liability between positive environmental and/or social characteristics that follow sub-funds. JPMorgan ETFs (Ireland) ICAV consists of separate sub- good governance practices and values and norms-based funds, each of which issues one or more Share Classes. This screening of its investment universe.document is prepared for a specific Share Class. The Prospectus and Q Typical investors in the Sub-Fund are expected to be those who annual and semi- annual financial reports are prepared for JPMorgan want exposure to the global below investment grade corporate ETFs (Ireland) ICAV. bond market through an active multi-factor investment strategy Switching Switching of Shares from one Sub-Fund into Shares in who are prepared to accept the risks associated with an investment another Sub-Fund is not permitted. Switching of Shares from one of this type, including th volatility associated with such a market. Share Class into another Share Class within the same Sub-Fund is Term This product does not have a fixed maturity date and may be also not permitted to investors trading on stock exchanges but may be liquidated in certain circumstances, as further detailed in the available to the Authorised Participants. Further information can be Prospectus. found in the Prospectus. Practical information Depositary The fund depositary is Brown Brothers Harriman Trustee Services (Ireland) Limited. What are the risks and what could I get in return? Risks Lower risk Higher risk This rates the potential losses from future performance at a low level, and poor market conditions are very unlikely to impact our capacity to 1 23 4 5 6 7pay you. The risk of the product may be significantly higher if held for less than the recommended holding period. The risk indicator assumes you keep the product for 5 year(s). This product does not include any protection from future market performance so you could lose some or all of your investment. If we are not able to pay you what is owed, you could lose your entire The summary risk indicator is a guide to the level of risk of this product investment. compared to other products. It shows how likely it is that the product Beside the risks included in the risk indicator, other risks materially will lose money because of movements in the markets or because werelevant for the product may affect its performance. Please refer to the are not able to pay you. relevant supplement, available free of charge at We have classified this product as 2 out of 7, which is a low risk class.www.jpmorganassetmanagement.lu. 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 over the last 10 years. Markets could develop very differently in the future. The stress scenario shows what you might get back in extreme market circumstances. Unfavourable: this type of scenario occurred for an investment between 2017 and 2022. Moderate: this type of scenario occurred for an investment between 2019 and 2024. Favourable: this type of scenario occurred for an investment between 2016 and 2021. Recommended holding period5 years Example Investment£ 10,000 if you exit after 5 years if you exit after(recommended Scenarios 1 year holding period) Minimum return There is no minimum guaranteed return. You could lose some or all of your investment. Stress What you might get back after costs £ 8,060 £ 7,650 Average return each year-19.4% -5.2% UnfavourableWhat you might get back after costs £ 8,480 £ 10,070 Average return each year-15.2% 0.1% ModerateWhat you might get back after costs £ 10,630 £ 11,480 Average return each year6.3% 2.8% Favourable What you might get back after costs £ 12,980 £ 14,690 Average return each year29.8%8.0% What happens if JPMorgan Asset Management (Europe) S.à.r.l. is unable to pay out? JPMorgan Asset Management (Europe) S.à r.l. is responsible for the manufacturer of this product has no obligation to pay out since administration and management of the Sub-Fund and does not hold the product design does not contemplate any such payment being assets of the Sub-Fund (assets that can be held by a depositary are, in made. However, investors may suffer loss if the Sub-Fund or the line with applicable regulations, held with a depositary in its custody depositary is unable to pay out. There is no compensation or network). JPMorgan Asset Management (Europe) S.à r.l., asguarantee scheme in place which may offset, all or any of, your 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. The amounts shown here are illustrations based on an example investment amount and different possible investment periods.JPM Global High Yield Corporate Bond Multi-Factor Active UCITS ETF - GBP Hedged (dist) (IE00BKV0QF55) Page 3/3 | Key Information Document | 4 June 2025 We have assumed: Q 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 Q £ 10,000 is invested.if you exit after 5 years if you exit after (recommended Example Investment £ 10,000 1 yearholding period) Total Costs £ 91 £ 517 Annual cost impact* 0.9% 0.9% (*) 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 2.8% before costs and 2.8% after costs. Composition of costs Annual cost impact if you exit One-off costs upon entry or exit after 1 year Entry costs0.00% , we do not charge an entry fee. 0 GBP Exit costs 0.00% , we do not charge an exit fee for this product, but the person0 GBP selling you the product may do so. Ongoing costs taken each year Management fees and other 0.35% of the value of your investment per year. 35 GBP administrative or operatingThis is an estimate based on actual costs over the last year. costs Transaction costs 0.56% of the value of your investment per year. This is an estimate of the56 GBPcosts incurred when we buy and sell the underlying investments for theproduct. The actual amount will vary depending on how much we buy andsell. 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 year(s) penalty at any time during this period however your return may be This product is designed for longer term investments due to thenegatively impacted by the volatility of its performance. Redemptions potential volatility of its performance; you should be prepared to stayare possible on every Dealing Day, with proceeds settled within 2 invested for at least 5 years. You can redeem your investment without business days. How can I complain? If you have a complaint about the Sub-Fund, you can contact us by You can find more details about how to complain and the calling +(352) 3410 3060 or by writing to fundinfo@jpmorgan.com or Management Company's complaint handling policy in the Contact Us JPMorgan Asset Management (Europe) S.à r.l., 6 route de Trèves, L- section of the website at: www.jpmorganassetmanagement.com. 2633 Senningerberg, Grand Duchy of Luxembourg If you have a complaint about the person who advised you about thisproduct, or who sold it to you, they will tell you where to complain. Other relevant information Further information Further information on the Sub-Fund, including its may be processed by J. P. Morgan Asset Management, acting as a data sustainable characteristics, may be found in the Prospectus, relevant controller, in accordance with applicable data protection laws. Further supplement and on www.jpmorganassetmanagement.lu. A copy of theinformation about processing activities of J.P. Morgan Asset Prospectus, relevant supplement and the latest annual and semi-Management can be found in the EMEA Privacy Policy, which is annual financial report in English and certain other languages and the available at www.jpmorgan.com/emea-privacy-policy. Additional latest Net Asset Value are available free of charge upon request from copies of the EMEA Privacy Policy are available on request. www.jpmorganassetmanagement.lu, by email from Cost, performance and risk The cost, performance and risk fundinfo@jpmorgan.com, or by writing to JPMorgan Asset calculations included in this key information document follow the Management (Europe) S.à r.l, 6 route de Trèves, L-2633 Senningerberg, methodology prescribed by EU rules. Note that the performance Grand Duchy of Luxembourg. Portfolio disclosure policy of JPMorgan scenarios calculated above are derived exclusively from the past ETFs (Ireland) ICAV can be obtained at www.performance of the product or a relevant proxy and that past jpmorganassetmanagement.lu. The latest prices of shares can be performance is not a guide to future returns. Therefore, your obtained from your broker. investment may be at risk and you may not get back the returns Remuneration Policy The Management Company's Remuneration illustrated. Policy can be found on http://www.jpmorganassetmanagement.lu/ Investors should not base their investment decisions solely upon the emea-remuneration-policy. This policy includes details of how scenarios shown. remuneration and benefits are calculated, including responsibilities Performance scenarios You can find previous performance scenarios and composition of the committee which oversees and controls the updated on a monthly basis at https://am.jpmorgan.com/lu/en/ policy. A copy of this policy can be requested free of charge from the asset-management/priips/products/IE00BKV0QF55. Management Company.Past performance You can find the past performance over the last 3 Tax The Sub-Fund is subject to Irish tax regulations. This may have an years on our website at https://am.jpmorgan.com/lu/en/asset- impact on an investor's personal tax position. management/priips/products/IE00BKV0QF55. Privacy Policy You should note that, if you contact J.P. Morgan Asset For an explanation of some of the terms used in this document, Management by telephone, those lines may be recorded and please visit the glossary on our website at www. monitored for legal, security and training purposes. You should also jpmorganassetmanagement.lu. take note that information and data from communications with you JPM Global High Yield Corporate Bond Multi-Factor Active UCITS ETF - GBP Hedged (dist) (IE00BKV0QF55)