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. Global X NASDAQ 100® Covered Call UCITS ETF a sub-fund of Global X ETFs ICAV USD Accumulating Share Class (IE00BM8R0H36) Manufacturer: Global X Management Company (Europe) Limited, part of the Global X group of companies. The Central Bank of Ireland is responsible for supervising Global X Management Company (Europe) Limited in relation to this Key Information Document. This PRIIP is authorised in Ireland. Global X Management Company (Europe) Limited is authorised in Ireland and regulated by the Central Bank of Ireland. For more information on this product, please visit www.globalxetfs.eu, email europe@globalxetfs.com or call : +44 (0)20 4529 2551. This document was produced on 19 May 2025. What is this product? Type: Fund may invest in depositary receipts relating either to components This product is a UCITS fund. securities of the Index or to equity securities of the type referred to above; Term: and financial derivative instruments (“FDIs”), namely, options and futures This is an Open Ended Fund.for investment purposes. Objectives:The Fund may enter into securities lending transactions, investing in The Fund’s investment objective is to generate returns that closelyrepurchase and reverse repurchase transactions and collective investment correspond, before fees and expenses, generally to the price and yield schemes, for the purposes of efficient portfolio management only. performance of the CBOE NASDAQ-100® BuyWrite V2 UCITS Index (the The Fund’s base currency is USD. “Index”). For Accumulating Shares, income will be automatically reinvested in the The Fund is passively managed. The Fund will aim to achieve itsFund and reflected in the NAV per share. investment objective via a swap, which is an agreement between the Investors can buy and sell shares of the Fund on each business day. Fund and an approved counterparty, where the Fund will swap theBusiness day means a day on which the New York Stock Exchange and performance/return of a basket of global equity securities and equity London Stock Exchange are open for normal business. related securities with the counterparty in exchange for the return of the For more information about the investment policy and strategy of the Fund, Index minus any associated fees ( the “Swap”). please refer to the sections entitled “Investment Objective” and “Investment The Investment Manager may decide from time to time to switch partiallyPolicy” in the Fund’s supplement. Fund documents including the or totally between using the Swap to replicate the performance of the Prospectus, Supplement and the latest annual and half-yearly reports are Index or investing directly in global equities and equity related securities available free of charge in English. These can be found, along with other (which may include common stock and preferred stock) that, as far as information, such as share prices and classes, on the Fund's website at possible and practicable, consists of the component equity securities of www.globalxetfs.eu. the NASDAQ-100® Index (the “Reference Index”) and by selling The depositary is SEI Investments - Depositary and Custodial Services corresponding call options on the Reference Index and covering such(Ireland) Limited. options by holding the securities underlying the options written. This document describes a sub-fund of the UCITS. The Prospectus and The Fund follows a “buy-write” (also called a covered call) investment periodic reports are prepared in respect of the entire UCITS. The assets strategy in which the Fund buys an equity security or a basket of equity and liabilities of each sub-fund of the UCITS are segregated by law, and so securities, and also sells corresponding call options. The strategy will the assets of one sub-fund cannot be used to discharge the liabilities of generate income in the form of options premium while potentially limiting another sub-fund. the increase in equity value of the basket of securities, if options are Intended retail investor: exercised. This Fund is intended for investors who want to take a long or short-term The Index each month measures the performance of a portfolio of theexposure to the market covered by the index of the Fund and would be equity securities included in the Reference Index while it also sells aprepared to take on a medium level of risk associated with an investment of succession of one-month at-the-money covered call options on the this type, including potential volatility of such market. Such an investor must securities in the Reference Index, which are held until one day prior to the also be one that is able to assess the merits and risks of an investment in expiration dates and are liquidated at a volume-weighted average price the Shares of the relevant Class of the Fund. determined at the close. When not possible or practicable for the Fund to invest in the Swap, the What are the risks and what could I get in return? Risk Indicator rate between the two currencies. This risk is not considered in theindicator shown above. Lower risk Higher risk This product does not include any protection from future marketperformance so you could lose some or all of your investment. If we arenot able to pay you what is owed, you could lose your entire investment.For other risks materially relevant to the product which are not taken intoaccount in the summary risk indicator, please read the Prospectus and1 2 3 4 5 6 7 Supplement available at www.globalxetfs.eu.The risk indicator assumes 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 5 out of 7, which is a medium-high risk class. This rates the potential losses from future performance at a medium-high level, and poor market conditions will likely impact the ability for you to receive a positive return on your investment. Be aware of currency risk. You will receive payments in a different currency, so the final return you will get depends on the exchange Page 1 of 3 | Key Information Document | 19 May 2025 Global X NASDAQ 100® Covered Call UCITS ETF, a sub-fund of Global X ETFs ICAV - USD Accumulating Share Class (IE00BM8R0H36) 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 / and includes the costs of your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of Global X NASDAQ 100® Covered Call UCITS ETF over the last 10 years. The stress scenario shows what you might get back in extreme market circumstances. Markets could develop very differently in the future. What you will get from this product depends on future market performance. Market developments in the future cannot be accurately predicted. The scenarios shown are only an indication of some of the possible outcomes based on recent returns. Actual returns could be lower.Recommended Holding Period: 5 yearsInvestment: USD 10,000 ScenariosIf you exit after 5 years If you exit after 1 year Minimum: There is no minimum guaranteed return if you exit before 5 years(recommended holding period) Stress What you might get back after costs 900 USD 930 USD Average return each year-90.98% -37.81% Unfavourable¹ What you might get back after costs7,410 USD 10,320 USD Average return each year -25.89% 0.63% Moderate² What you might get back after costs11,460 USD 19,520 USD Average return each year 14.56% 14.31% Favourable³What you might get back after costs17,200 USD 29,950 USD Average return each year 72.04% 24.53% ¹ This type of scenario occurred for an investment between December 2021 and September 2024. ² This type of scenario occurred for an investment between July 2017 and July 2022. ³ This type of scenario occurred for an investment between June 2016 and June 2021.What happens if Global X Management Company (Europe) Limited, part of the Global X group of companies is unable to pay out? You may face a financial loss should the manufacturer or depositary/custodian, SEI Investments – Depositary and 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 and the investment is USD 10,000. Investment: USD 10,000 If you exit after 1 yearIf you exit after 5 years Total costs 64 USD 579 USD Annual cost impact (*) 0.6%0.7% (*) 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 15.0% before costs and 14.3% after costs. Page 2 of 3 | Key Information Document | 19 May 2025 Global X NASDAQ 100® Covered Call UCITS ETF, a sub-fund of Global X ETFs ICAV - USD Accumulating Share Class (IE00BM8R0H36) Composition of costs One-off costs upon entry or exitIf you exit after 1 year None * * Secondary market investors (Investors dealing on a stock exchange) may payEntry costsfees charged by their stockbrokers. Such charges, if any, can be obtained from0 USD stockbrokers. Authorised participants dealing directly with the Fund will pay related transaction costs related to their subscriptions and redemptions. None * * Secondary market investors (Investors dealing on a stock exchange) may payExit costs fees charged by their stockbrokers. Such charges, if any, can be obtained from0 USD stockbrokers. Authorised participants dealing directly with the Fund will pay related transaction costs related to their subscriptions and redemptions. Ongoing costs taken each year If you exit after 1 year0.5% of the value of your investment per year. This is an estimate of the costsManagement fees and other incurred when we buy and sell the underlying investments for the product. Theadministrative or operatingactual amount will vary depending on how much we buy and sell. The annual45 USDcosts management fee for this product is 0.45%. 0.2% of the value of your investment per year. This is an estimate of the costs incurred when we buy and sell the underlyingTransaction costs investments for the product. The actual amount will vary depending on how much 19 USD we buy and sell. Incidental costs taken under specific conditionsIf you exit after 1 year Performance feesThis product does not have any performance fees. 0 USDHow long should I hold it and can I take money out early? Recommended holding period: 5 years This product has no required minimum holding period but is designed for long term investment; you should be prepared to stay invested for at least 5 years. The 5 years has been calculated to be in line with the time frame which the Product may need in order to achieve its investment objectives. You may sell your shares in the product, without penalty, on any day on which the banks are normally open for business in Ireland and on which the New York Stock Exchange and London Stock Exchange are open for normal business. The value of your investments may go down as well as up irrespective of the period you are holding your investments, depending on such factors as the performance of the Fund, movements in stock and bond prices, and conditions in financial markets generally. Please contact your broker, financial adviser or distributor for information on any costs and charges relating to the sale of the shares.How can I complain? If you have any complaints about the product, the conduct of the manufacturer or the person advising on the product, complaints can be lodged free of charge via the following methods: i. Phone: +44 (0)20 4529 2551 ii. E-mail: complaints@globalxetfs.com iii. Mail: 10 Earlsfort Terrace, Dublin 2, Ireland iv. Online: www.globalxetfs.eu/ You also have the right to refer the relevant complaint to the Financial Services and Pensions Ombudsman after following the Fund’s complaints process if you are still not satisfied with the response received. Further information on the complaints policy relating to the Fund is available from www.globalxetfs.eu.Other relevant information We are required to provide you with further documentation, such as the product’s latest prospectus, past performance annual and semi-annual reports. These documents and other product information are available online at https://globalxetfs.eu/priips-performance/. To view the fund’s historical performance and previous scenarios, please visit: www.globalxetfs.eu. Data on past performance is available for up to a maximum of 10 years. Page 3 of 3 | Key Information Document | 19 May 2025