Title: iShares Diversified Commodity Swap UCITS ETF (DE) URL Source: https://api.kneip.com/v1/documentdata/permalinks/PRP_DE000A0H0728_en_LU.pdf Number of Pages: 3 Markdown Content: # 1 # 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 iShares Diversified Commodity Swap UCITS ETF (DE) (the “Fund”), ISIN: DE000A0H0728 , is authorised in Germany and manufactured by BlackRock Asset Management Deutschland AG (the “Manager”) which is part of the BlackRock, Inc group. The Manager is authorised in Germany and regulated by the Federal Financial Supervisory Authority (BaFin) and BaFin is responsible for supervising the Manager in relation to this Key Information Document. More information is available at www.blackrock.com or by calling +49 (0) 89 42729 5858 . This document is dated 09 April 2026. # What is this product? Type: The Fund is a unit trust (Sondervermoegen) under German law, authorised by the Federal Financial Supervisory Authority as Undertaking for Collective Investment in Transferable Securities (“UCITS”). The Fund is a UCITS exchange-traded fund, a UCITS ETF. Term: The Fund does not have a fixed term of existence or maturity period but in certain circumstances, as described in the Fund prospectus, the Fund may be terminated unilaterally by the Manager following reasonable prior notice to unitholders, subject to compliance with the Fund prospectus and applicable regulation. Objectives iShares Diversified Commodity Swap UCITS ETF (DE) (the “Fund”) is a passively managed exchange traded fund (ETF) that aims to track the performance of the Bloomberg CommoditySM (Total Return Index). In this regard, it aims to replicate the benchmark (Index). The Index measures the performance of broadly diversified commodity markets representing energy, agriculture, industrial metals precious metals and livestock sectors. The Index reflects the total return on a fully collateralised position in futures contracts on physical commodities. The Index rebalances annually and is weighted based on liquidity of the futures contracts and production of the underlying commodities, subject to capping restrictions to maintain diversification. The index is not mapped directly by acquiring forwards that are included in the index, but indirectly via one or several swap agreements. This swaps the entire performance of stocks from a basket of stocks held by the Fund with the performance of the underlying index, so that, in economic terms, as a rule the performance of the underlying index is mapped. The price of a derivative changes on a daily basis depending on the value of the underlying reference asset(s) which in turn may affect the value of the investment. A change in the value of underlying reference assets can have a greater impact on the value of derivatives than if the assets were held directly since derivatives can be more sensitive to changes in the value of underlying reference assets. The relationship between the return on the investment, how it is impacted and the period for which you hold the investment is considered below (see “How long should I hold it and can I take my money out early?”). The depositary of the Fund is State Street Bank International GmbH. Further information about the Fund can be obtained from the latest annual report and half-yearly reports of the Fund. These documents are available free of charge in German, English and certain other languages. These can be found, along with other (practical) information, including prices of units, by emailing info@iShares.de or from www.ishares.com or by calling +49 (0) 89 42729 5858. The units in the Fund are accumulating units. Income from the Fund’s investments will be included in the value of the units rather than being paid out as a dividend. The Fund units are denominated in Euro. The units are listed on one or more Stock Exchange(s). Investors can buy or sell their units daily during business hours through an intermediary on such Stock Exchange(s). The value of the units is related to the value of the underlying assets of the Fund, less costs (see “What are the costs?” below). The prevailing market price at which the units trade on the secondary market may deviate from the value of the units. Indicative net asset value is published on relevant stock exchanges websites. Intended retail investor: This Fund is intended for retail investors with basic knowledge and experience, with the ability to bear losses up to the amount invested in the Fund. This Fund is suitable for medium to long term investment, though the Fund may also be suitable for shorter term exposure to the Index (see “How long should I hold it and can I take my money out early?”). Insurance benefits: The Fund does not offer any insurance benefits. 2 # What are the risks and what could I get in return? Risk Indicator > Lower risk Higher risk 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 4 out of 7, which is a medium risk class. This classification rates the potential losses from futur performance at a medium level, and poor market conditions could affect the value of your investment. This classification is not guaranteed and may change over time and may not be a reliable indication of the future risk profile of the Fund. The lowest category does not mean risk free. Be aware of currency risk. If you receive payments in a currency that is different to the product's base currency, the final return you will get depends on the exchange rate between the two currencies. This risk is not considered in the indicator shown above. Please refer to the product's Prospectus for details of other materially relevant risks that may apply to this product. This product does not include any protection from future market performance so you could lose some or all of your investment. If the product is not able to pay you what is owed, you could lose your entire investment. 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. T unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product, which may include input from benchmark(s) / proxy, over the last ten years. Markets could develop very differently in the future. Recommended holding period : 5 years Example Investment : EUR 10,000 Scenarios If you exit after 1 year If you exit after 5 years Minimum There is no minimum guaranteed return. You could lose some or all of your investment. Stress* What you might get back after costs 6,900 EUR 4,020 EUR Average return each year -31.0% -16.7% Unfavourable** What you might get back after costs 7,500 EUR 9,050 EUR Average return each year -25.0% -2.0% Moderate** What you might get back after costs 9,600 EUR 13,690 EUR Average return each year -4.0% 6.5% Favourable** What you might get back after costs 15,750 EUR 18,530 EUR Average return each year 57.5% 13.1% * The stress scenario shows what you might get back in extreme market circumstances. # ** This type of scenario occurred for an investment in the product and/or benchmark(s) or proxy between : Scenarios 1 year 5 years Unfavourable May 2022 - May 2023 January 2016 - January 2021 Moderate March 2023 - March 2024 September 2018 - September 2023 Favourable April 2021 - April 2022 March 2020 - March 2025 # What happens if BlackRock Asset Management Deutschland AG is unable to pay out? The assets of the Fund are held in safekeeping by its depositary, State Street Bank International GmbH (the “Depositary”). In the event of the insolvency of the Manager, the Fund’s assets in the safekeeping of the Depositary will not be affected. However, in the event of the Depositary’s insolvency, or someone acting on its behalf, the Fund may suffer a financial loss. However, this risk is mitigated to a certain extent by the fact the Depositary is required by law and regulation to segregate its own assets from the assets of the Fund. The Depositary will also be liable to the Fund and the investors for any loss arising from, among other things, its negligence, fraud or intentional failure properly to fulfil its obligations (subject to certain limitations). As an investor in the Fund you would not be able to make a claim to any compensation scheme about the Fund in the event that the Fund is unable to pay out. 3 # 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 periods we have assumed the product performs as shown in the moderate scenario. EUR 10,000 is invested. If you exit after 1 year If you exit after 5 years Total costs 373 EUR 945 EUR Annual cost Impact (*) 3.7% 1.4% (*) 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 7.9% before costs and 6.5% after costs. We may share part of the costs with the person selling you the product to cover the services they provide to you. They will inform you of the amount. These figures include the maximum distribution fee that the person selling you the product may charge (2.0 % of amount invested/ 200 EUR). This person will inform you of the actual distribution fee. Composition of Costs One-off costs upon entry or exit If you exit after 1 year Entry costs 2.00% of the amount you pay. This is the most you will be charged. The person selling you the product will inform you of the actual charge. 1 200 EUR Exit costs 1.00% of your investment before it is paid out to you. This is the most you will be charged. The person selling you the product will inform you of the actual charge. 1 100 EUR Ongoing costs taken each year Management fees and other administrative or operating costs 0.46% of the value of your investment per year. This is based on a combination of estimated and actual costs data over the last year. Any underlying product costs are included here with the exception of transaction costs which would be included below under 'Transaction costs'. 46 EUR Transaction costs 0.27% of the value of your investment per year. This is an estimate of the costs incurred when we buy and sell the underlying investments for the product. The actual amount will vary depending on how much we buy and sell. 27 EUR Incidental costs taken under specific conditions Performance fees There is no performance fee for this product. - > 1 Not applicable to secondary market investors. Investors dealing via stock exchanges will pay fees charged by stock brokers. Such charges can be obtained on exchanges where the shares are listed and traded, or from stock brokers. Authorised participants dealing directly with the Fund or the Management Company will pay related transaction costs. # How long should I hold it and can I take money out early? Recommended Holding Period: 5 years The Company may suspend the issue and redemption of shares if exceptional circumstances make this necessary, taking into account the interests of investors. In order to manage liquidity risks, the Company may use liquidity management tools (LMTs) disclosed in the prospectus such as restriction of redemption where investors' redemption requests reach a predetermined threshold above which the redemption requests can no longer be executed in the interest of all investors, or extend the redemption period for shares. The Company may also use other procedures that are disclosed in the prospectus such as, for example, charging a redemption fee, anti-dilution fee, swing pricing or dual pricing, whereby the costs incurred by issue and/or redemption (e.g. transaction costs) are distributed to investors that trigger such activity, thereby reducing the risk of dilution for the investors remaining in the fund. The Company may spin off illiquid assets in the interest o investors. Further details on applicable LMTs can be found in the prospectus. # How can I complain? If you are not entirely satisfied with any aspect of the service you have received and you wish to complain, details of our complaints handling process are available at www.ishares.com/de/privatanleger/de/wissen-und-service/uber-ishares/kontakt. Additionally, you can also write to the Manager, at its registered office, Lenbachplatz 1, 80333 Munich or email them at info@ishares.de. # Other relevant information The latest version of this document, 10 year(s) of past performance of the Fund, previous performance scenario of the Fund, the latest annual report and half-yearly report and any additional information issued to investors can be obtained free of charge, in German, English and certain other languages, from www.ishares.com (select your country and navigate to Documents) or by calling +49 (0) 89 42729 5858 or from your broker, financial adviser or distributor. The benchmark(s) referenced herein are the intellectual property of the index provider(s). The product is not sponsored or endorsed by the index provider(s). Please refer to the product’s prospectus and/or www.blackrock.com for full disclaimer(s). The Remuneration Policy of the Manager, which describes how remuneration and benefits are determined and awarded, and the associated governance arrangements, is available at www.blackrock.com/Remunerationpolicy or on request from the registered office of the Manager.