BNP Paribas Easy FTSE EPRA Nareit Gl. Developed Green CTB UCITS ETF

Investment Objective: The investment objective of the Fund is to replicate the performance of the FTSE EPRA Nareit Developed Green EU CTB (NTR) Index (Bloomberg: FENGRECN Index) (the "Index") while aiming to minimise the tracking error between the Fund's Net Asset Value per Share and the Index. By replicating the performance of the Index, the Fund aims to provide investors with exposure to companies worldwide while taking into account environmental, social and governance ("ESG") criteria, specifically the minimum standards of Commission Delegated Regulation (EU) 2020/1818 as regards minimum standards for EU Climate Transition Benchmarks and EU Paris-aligned Benchmarks (the "Delegated Acts") relating to Climate Transition Benchmarks ("CTB") which include, but are not limited to, targeting the reduction of greenhouse gas emission by at least 30% relative to the Parent Index (as defined below) and an additional decarbonisation target of at least 7% each year as defined in the Delegated Acts.Investment Policy: In order to achieve its investment objective, the Fund pursues a passively managed (index tracking) strategy. The Fund will generally seek to replicate the Index by holding all of the Index equity securities in a similar proportion to their weighting in the Index (Full Replication as defined in the Prospectus). However, the Fund may employ Optimised Replication (as defined in the Prospectus) and select Index equity securities in order to build a representative portfolio that provides a return that is comparable to that of the Index. The Index is composed of global listed real estate companies and REITS of the following regions: North America, Developed Europe, Japan and Developed Asia-Pacific ex Japan, chosen according ESG criteria : green building certification, energy usage, Transition Pathway Initiative Management Quality score, carbon emission intensity, while aiming to comply with the Climate Transition Benchmark (CTB) targets of reducing carbon intensity by

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No