1 europe@kraneshares.comHumanoid Robotics and Physical AI Access the next global megatrend through the KraneShares Global Humanoid Robotics & Physical AI Index UCITS ETF (ticker: KOID)KOID 30/June/2026 This is a marketing communication. Please refer to the prospectus of the UCITS, the KIID, and the PRIIP before making any final investment decisions. The tax treatment depends on the individual circumstances of each client and may be subject to change in the future.

2 1.Data from “Physical AI, Part 2: Humanoid Robots," BofA Institute, as of 12/Mar/2026. 2.Data from “The global market for humanoid robots could reach $38 billion by 2035,” Goldman Sachs Research, as of 27/Feb/2024.
3.Data from “Humanoids: 1bn Robots and $5tn Revenues by 2050, China is in Pole Position,” Morgan Stanley Research, as of 28/Apr il/2025. Humanoid and physical AI technology companies often face high research and capital costs, resulting in variable profitability in a competitive market where products can quickly become obsolete. Their reliance on intellectual property makes them vulnerable to losses, while legal and regulatory changes can impact profit ability. Please see the end of the presentation for definitions.Investment Strategy: KOID seeks to track the MerQube Global Humanoid Robotics and Physical Index, which is designed to capture the performance of companies engaged in humanoid and physical artificial intelligence -related business. The underlying index focuses on key categories within the humanoid and physic al AI ecosystem, including the companies that design and manufacture humanoid robots and their supply chains that provide key components for humanoids and p hysical AI. Humanoid & Physical AI Highlights: •AI is coming to the physical world: Breakthroughs in artificial intelligence (AI), machine learning, and advanced hardware are revolutionizing humanoid capabilit ies, with significant innovations in physical AI models enabling more human- like interactions and advanced problem -solving abilities.
•Market Growth : BofA Global Research forecasts annual humanoid robot shipments will surge from 20,000 units in 2025 to 10 million by 2035.1 Goldman Sachs is also projecting significant market expansion, forecasting a compound annual growth rate (CAGR) of 41.8% over the next decade.2 The Morgan Stanley Global Humanoid Model projects there could be 1 billion humanoids and $5 trillion in annual revenue by 2050.3 •Expanding Applications Across Multiple Industries: Humanoid robots are addressing critical challenges across various sectors, with strong growth potential in environments built for people in sectors like manufacturing, healthcare, logistics, and elder care. The growing global labor sho rtage, especially acute in countries with aging populations like Japan, creates structural demand for robotics solutions that can perform complex tasks previously requiring human workers. KOID Features: •Capitalize on the convergence of digital intelligence and physical reality through companies building embodied AI systems that can sense, move, and manipulate the world around them, transforming theoretical algorithms into machines that work alongside humans. •Invest across the full spectrum of the humanoid ecosystem, including the “brain” of the humanoid (semiconductors & technology), the “body” of the humanoid (actuation systems, mechanical systems, sensing & perception, critical materials), and humanoid “integrators” & manufacturing companies. •Global exposure to companies based primarily in the United States, China, and Japan that are included in the information technology, industrial, and consumer discretionary sectors.KraneShares Global Humanoid Robotics & Physical AI Index UCITS ETFKOID

3 The Humanoid Opportunity KOID Rings Nasdaq Opening Bell •KraneShares celebrated the Nasdaq debut of KOID with the first-ever humanoid robot to open the Nasdaq market . •The Unitree G1 Ultimate robot featured at the event was supplied by U.S. -based RoboStore, the official partner of Unitree. •More recently, KraneShares collaborated with RoboStore to feature the same humanoid robot at a London Stock Exchange opening bell ceremony . Holdings are subject to change. See page 17 for KOID top 10 holdings.

4 The Humanoid Opportunity Humanoid Robotics: A Paradigm Shift •Humanoid robots are intelligent machines designed to interact naturally with people, bridging the gap between digital automation and real -world human tasks. •Recent advances in artificial intelligence (AI) and neural networks have accelerated the development and viability of humanoid robots for general -purpose use. •As labor shortages and demographic shifts intensify, humanoid robots are poised to revolutionize industries by performing complex, human- like roles in healthcare, manufacturing, retail, and beyond. Data from Tesla, AGIBot, Figure AI, Unitree, and UBTech as of 30/June/2026. Holdings are subject to change. See page 17 for KOID top 10 holdings.Latest Humanoid Models Unitree H2/G1 H2: Unitree’s flagship humanoid robot designed for industrial and commercial applications. G1: A compact humanoid platform targeting education, research, and consumer markets. AGIBot A2 Full-size commercial -grade humanoid designed for high -traffic retail and service environments. Tesla Optimus Gen3 Targeted for manufacturing and domestic chores, aiming to replace repetitive or hazardous labor. Figure 03 Deployed at BMW’s Spartanburg factory for assembly tasks, leveraging NVIDIA’s AI for vision and decision -making. UBTech Walker S2 Actively used in Audi, BYD, and Geely factories for tasks like quality inspections, material handling and collaborative sorting.

5 Physical AI: AI that Moves •Physical AI: Artificial intelligence systems that are integrated into physical systems, such as robotics systems and autonomous vehicles, which can learn and adapt through direct interaction with the environment using sensors or other similar systems. •Reinforcement Learning from Human Feedback (RLHF): Robots can now refine their behavior based on human demonstrations and corrections, with Figure AI's robots learning complex manipulation tasks after just 5 -10 human demonstrations compared to thousands previously required. •Large Language Models (LLMs) adoption: Humanoids now leverage frontier AI models like GPT and Gemini Pro, enabling natural language understanding and complex reasoning capabilities that allow robots to follow nuanced verbal instructions and adapt to new tasks without explicit programming. Holdings are subject to change. See page 17 for KOID top 10 holdings.

6 The market for humanoid robotics is growing rapidly to address major global issues Morgan Stanley projects that the global humanoid total addressable market could reach nearly $5 trillion by 2050* Aging Population Metrics1: •Approximately 13.5% of the world's population was at least 60 years old in 2020, projected to increase to 22% by 2050. •Japan has already reached a critical threshold with over 28% of its population above 65 years. •Similar demographic patterns exist in other developed economies like Germany, also exceeding 28% elderly population. Labor Shortage Projections 2: •A global manufacturing labor shortage of nearly 8 million workers is anticipated by 2030. •Japan specifically faces a projected labor shortfall of 11 million workers by 2040. •Working -age populations (15- 64) are experiencing the steepest declines in Germany, China, and Japan. Data from "A $5 Trillion Global Market," Morgan Stanley, retrieved 30/June/2026.1. Data from the World Health Organization (WHO) and Statista, retrieved 30/June/2026. 2. Data from the World Economic Forum and Bain & Company, retrieved 30/June/2026.034611242467849711721128045963888612161622199424182750317235104001425446214703 0500100015002000250030003500400045005000 2024 2025e 2026e 2027e 2028e 2029e 2030e 2031e 2032e 2033e 2034e 2035e 2036e 2037e 2038e 2039e 2040e 2041e 2042e 2043e 2044e 2045e 2046e 2047e 2048e 2049e 2050eAnnual Humanoid Revenue ($bn)Global Humanoid Total Addressable Market Projection By 2050

7 Humanoid Deployment Is Ramping Up KOID ETF 0100020003000400050006000 Unitree (China) AgiBot (China) UBTech (China) Leju Robotics (China)Engine AI (China)Fourier Intelligence (China)Figure AI (United States)Agility Robotics (United States)Tesla (United States)OtherUnits ShippedHumanoid Shipments 2025 Data from Unitree and Omdia as of 5/Feb/2026. Holdings are subject to change. See page 17 for KOID top 10 holdings.

8 We could have humanoid robots working in factories, warehouses, hotels, hospitals, and our homes Manufacturing, Warehouse & Logistics: By 2030, humanoid robots could replace up to 20 million production jobs globally, with major deployments already underway in automotive factories, where robots assemble components and perform repetitive or hazardous tasks. 1Retail, Hospitality & Healthcare: The m edical service r obotics market is projected to grow to 21 billion by 2028, as robots increasingly assist with patient care, physical therapy, monitoring, and improving accessibility for people with disabilities. 2Household: We believe domestic humanoid robots are expected to become mainstream by 2030, handling household chores such as cleaning, laundry, and dishwashing, and providing personalized care for the elderly and individuals with chronic illnesses. 3

1. Data from Oxford Economics and the BBC as of 30/April/2025. Image from South China Morning Post.
2. Data from Statista as of 30/April/2025.
3. Data from “Generative AI and the future of work in America,” McKinsey Global Institute as of 26/July/2023.

9 •BofA estimated that current building costs for humanoid robots is $35,000 per unit as of 2025, depending on configuration and use case.1 •Rotary actuators, linear actuators, dexterous hand, reducers, bearings, and encoders are key components to build a humanoid. •Looking ahead to 2030 -2035, BofA projects that economies of scale could bring humanoid robot building costs down to $13,000 –$17,000 per unit.1The “body” takes a significant portion of the humanoid value chain

1. Data from “Humanoid Robotics 101,” BofA, as of 29/April/2025. Holdings are subject to change. See page 17 for KOID top 10 holdings.

10 The full spectrum of the humanoid value chain Actuation Systems Actuation systems provide the "muscles" of humanoid robots, enabling precise movement and force control. This category includescomponents critical for joint articulation, energy efficiency, and compact design. Precision here determines agility and energy efficiency. Data from Trendforce , retrieved 30/June/2026.Actuation and Mechanical Systems account for ~55% of total cost of a humanoid Sensing & Perception Systems account for ~15% of total cost of a humanoidIntelligence Systems account for ~23% of total cost of a humanoid“Brain” “Body” “Integrator”Mechanical Systems Mechanical components form the structural foundation of humanoids, ensuring durability, weight optimization, and smooth motion transmission. Mechanical reliability ensures humanoids operate safely in dynamic environments. Sensing & Perception Sensors and perception systems allow humanoids to interpret their environment, enabling tasks like navigation, object manipulation, and human interaction. Sensor fusion (combining LiDAR, tactile, and vision data) is critical for physical AI decision -making.Critical Materials Companies supply critical materials for high- performance motors and humanoid manufacturing.Humanoid Integration and Manufacturing Companies in this category focus on designing, assembling, and commercializing complete humanoid robots. Semiconductors & Tech This category provides the computational backbone for humanoid and Physical AI, motor control, and sensor processing.

11 The rise of humanoid manufacturing creates investment opportunities for their supply chains and enablers Figure AI Optimus Unitree Holdings are subject to change. See page 17 for KOID top 10 holdings.Apptronik Sanctuary AI

12 3000+ Companies Initial company universe 800+ Companies Industry Filter 50 Companies Humanoid exposure assessment WeightingInitial company will be s elected based on company’s free- float market cap, trading volume, etc. Retain companies that have a minimum market cap of $1 billion and daily traded value of $1 million Each company will be filtered by industry. Trimmed down to Humanoid and Physical AI related industries Companies receive evaluation scores derived from corporate filings, media coverage, and publicly available data regarding their direct participation in Humanoid and Physical AI technologies or their strategic supply chain partnerships with established humanoid robotics firms. Top ranking companies are selected for inclusion in the index. Equal Weighted Rebalanced quarterlyGlobal Humanoid Robotics and Physical AI Index MethodologyKOID ETF

13 KOID Captures the full spectrum of the humanoid & Physical AI value chain Sensing & Perception Melexis Sensata Robosense Hexagon Keli Sensing Teledyne KeyenceActuation Systems Tuopu Sanhua Shenzhen Inovance Novanta Leadshine Estun ZhaoweiMoons Electric Moog Regal RexnordNidecCritical Materials MP Materials Lynas Rare Earths Northern Rare EarthsMechanical Systems Magna Shuanglin Schaeffler Leader Drive Shuanghuan Shanghai Beite THK Hiwin Technologies Jabil Inc Harmonic Drive SystemsJiangsu Hengli Hydraulic Aptiv TE ConnectivityAmphenol RBC Bearings NabtescoSemiconductors & Tech Texas Instruments Horizon Robotics Nvidia Mobileye STMicroelectronicsRenesasInfineon NXP Semiconductor Analog Devices Humanoid Integration and Manufacturing Tesla Xpeng UBTech Rainbow Robotics“Brain” “Body” “Integrator”KOID ETF Holdings are subject to change. See page 19 for KOID top 10 holdings.

14 Humanoid & Physical AI Ecosystem Category Company Description Actuation SystemsTuopu Core supplier of Tesla’s Optimus, specializing in integrated motor, reducer, and controller systems SanhuaSanhua specializes in bionic robot electromechanical actuators, with particular emphasis on hollow cup motors and harmonic drives used in rotary actuators. Core supplier of Tesla’s Optimus. Novanta Supplies optical/magnetic encoders for real- time position feedback in humanoid joints, enabling precise motion calibration. Mechanical SystemsLeader DriveMajor global manufacturer of humanoid robot precision reducers, essential for converting motor motion and enabling precise, coordinated movement in robotic joints. Shuanghuan Supplies planetary gear systems for humanoid wrist actuators, enhancing grip strength. Amphenol Designs high -speed data connectors for real -time sensor fusion in humanoid perception systems. Sensing & PerceptionKeli Sensing Produces 6 -axis force/torque sensors for humanoid feet/hands, enabling adaptive grip and balance. Sensata Develops MEMS -based tactile sensors for humanoid fingertips, critical for object manipulation. Teledyne Supplies thermal imaging cameras for humanoids operating in low -light conditions. Critical MaterialMP Materials Supplies neodymium magnets for high- performance motors, essential for miniaturized actuators in humanoids. Lynas Rare Earths Major global supplier of rare -earth elements for permanent magnets in humanoid robotics motors. Semiconductors & TechnologyNvidiaProvides Isaac GR00T N1 foundation model for robot reasoning + Newton physics engine (with Google/Disney) for movement simulation. Powers 1X's household robots and Disney's BDX droids. Horizon Robotics Designs energy -efficient AI chips (e.g., Journey 5) for humanoid edge computing, targeting consumer -facing robots. Humanoid Integration & ManufacturingTeslaDeveloping Optimus Gen 3 humanoid robot with 22 -degree- of-freedom hands, targeting production of 5,000 -12,000 units by end of 2025 XpengOperates "Iron" humanoid robot with 60 joints, 200 degrees of freedom, and 3,000 TOPS processing power, powered by proprietary Turing AI chipsKOID ETF Holdings are subject to change. See page 17 for KOID top 10 holdings.

15 Unitree To IPO In 2026?KOID ETF

1. Data from Wind as of 31/Mar/2026.
2. Data from Bloomberg as of 30/June/2026.69%25%6%KOID Bucket Breakdown2 "Body" "Brain" "Integrator"On March 20th, 2026, the Shanghai Stock Exchange formally accepted Unitree Robotics’ IPO application for the STAR Market. 1 Unitree’s IPO is important to KOID’s opportunity set in several ways: • It expands the investable universe of “integrator” companies, particularly within China’s onshore market, complementing existing exposures to global humanoid and Physical AI leaders. • It provides an additional public market benchmark for valuing high- growth humanoid robotics firms, which can influence sentiment and pricing across the ecosystem KOID targets. • Unitree’s heavy domestic sourcing and vertical integration spotlight the importance of core component suppliers, motors, reducers, sensors, and controllers, that already represent a meaningful weight in the KOID portfolio (~69% 2).

16 Where are KOID Index companies based and what sector do they belong to?KOID ETF Data from KraneShares and Bloomberg as of 30/June/2026. United States 30% China 27%Japan 14%Germany 5%Other 24%Country Breakdown 39% 41%15%5%Sector Breakdown Industrials Information Technology Consumer Discretionary Materials

17 Fund Details Data asof 30/Jun/2026 Listed Exchanges LSE SEDOL BVBBGT9 Total Annual Fund Operating Expense 0.69% Inception Date 09/Oct/2025 Distribution Frequency Accumulating Index Name MerQube Global Humanoid Robotics andPhysical AIIndex Net Assets $88,099,340 Number ofHoldings 59 UKReporting Fund Status Reporting Fund Investment Structure UCITS Base Currency USDTop10Holdings asof 30/Jun/2026 Holdings aresubject tochange.Ticker % EURO – 2.66 MOBILEYE GLOBAL INC-A MBLY 2.34 LEADER HARMONIOUS DRIVE SY-A 688017 2.30 AMPHENOL CORP -CL A APH 2.23 REGAL REXNORD CORP RRX 2.22 NOVANTA INC NOVT 2.18 TELEDYNE TECHNOLOGIES INC TDY 2.16 MOOG INC-CLASS A MOG/A 2.15 KEYENCE CORP 6861 2.13 CHINA LEADSHINE TECHNOLOGY -A 002979 2.09 Cumulative % Average Annualized % 3Mo 6Mo Since Inception 1Yr 3Yr 5Yr Since Inception Fund NAV 33.56% 28.47% 28.16% – – – – Index 33.83% 28.52% 28.60% – – – 39.14% Theperformance data quoted represents past performance. Past performance does notguarantee future results. Theinvestment return andprincipal value ofaninvestment willfluctuate sothat aninvestors shares, when sold orredeemed, may beworth more orless than their original cost andcurrent performance may belower orhigher than theperformance quoted. Returns areprovided inUSD. Totheextent thebase currency of anavailable share class isnotUSD, returns may increase ordecrease asaresult ofcurrency fluctuations. Forperformance data current tothemost recent month end, please visit www.kraneshares.eu/etf/koidln . Index returns areforillustrative purposes only. Index performance returns donotreflect anymanagement fees, transaction costs orexpenses. Indexes areunmanaged andonecannot invest directly inanindex.KraneShares Global Humanoid andPhysical AIIndex UCITS ETF Investment Strategy: KOID seeks to track the MerQube Global Humanoid Robotics and Physical Index, which is designed to capture the performance of companies engaged in humanoid and physical artificial intelligence- related business. The underlying index focuses on key categories within the humanoid and physical AI ecosystem, including the companies that design and manufacture humanoid robots and their supply chains that provide key components for humanoids and physical AI.KraneShares Global Humanoid and Physical AI Index UCITS ETF is a sub fund of KraneShares ICAV (the “ICAV”). The ICAV is authorised as a UCITS in Ireland and regulated by the Central
Bank of Ireland. Investors should read the Prospectus, Supplement and UK KIID and/or PRIIP KID prior to investing. KOID NAV History asof30/June /2026:

18 Introduction to KraneShares About KraneShares Krane Funds Advisors, LLC is the investment manager for KraneShares ETFs. The firm is focused on providing investors with strategies to capture China’s importance as an essential element of a well -designed investment portfolio. KraneShares ETFs represent innovative, first to market strategies that have been developed based on the firm and its partners’ deep knowledge of investing. These strategies allow investors to stay current on global market trends and provide meaningful diversification. Krane Funds Advisors, LLC, is a signatory of the United Nations- supported Principles for Responsible Investment (UN PRI). In 2018, KraneShares established operations in the United Kingdom (UK) and Europe to better deliver its renowned China -focused ETFs to investors in the region. In addition to launching UK/Europe -specific versions of its most popular US -listed funds, KraneShares also develops strategies tailored to meet the specific needs of its UK/European clients. IntroductionSign up to our daily (or weekly) note on China’s capital markets www.chinalastnight.com

19 China Focused Alternatives AI, Robotics & Emerging TechChina Suite Future TechCarbon CreditsUCITS Product Suite KraneShares Global Carbon Strategy ETC KRBN KCCA KraneShares California Carbon ETC KCCPKraneShares California Carbon ETC GBP HedgedChina Focused China Suite Listings London Stock Exchange KWEB LN, KWBE LN, KWBP LN, KWBI LN Euronext Amsterdam KWEB NA Borsa Italiana KWBE IM Deutsche Börse KWBE GY Marketing Passports Ireland, UK, Netherlands, Spain, Germany, Portugal, Sweden, Italy, Finland, Luxembourg, Switzerland, France Listings London Stock Exchange CHIP LN, CHIN LN Borsa Italiana CHIN IM Deutsche Börse CHIN GY Marketing Passports Ireland, UK, Netherlands, Italy, Sweden, Finland, France, Germany, Switzerland Listings London Stock Exchange KSTR LN, KSTP LN Borsa Italiana KSTR IM Deutsche Börse KSRE GY Marketing Passports Ireland, UK, Netherlands, Italy, Sweden, Germany, Finland, Switzerland, France, DenmarkKWEHKraneShares CSI China Internet UCITS ETF Class EUR Hedged Shares Listings London Stock Exchange KWEH LN KWBHKraneShares CSI China Internet UCITS ETF Class GBP Hedged Shares Listings London Stock Exchange KWBH LN KOIDKraneShares Global Humanoid Robotics and Physical AI Index UCITS ETF Listings London Stock Exchange KOID LN, KOIB LN Borsa Italiana KOID IM Deutsche Börse KBOT GY Marketing Passports Ireland, UK, Italy, Finland, Netherlands, Sweden, Germany, France, SwitzerlandListings London Stock Exchange KRBN LN, KRBP LN Borsa Italiana KRBN IM Deutsche Börse KRBN GY Marketing UK, Denmark*, Finland*, France*, Germany*, Ireland*, Italy*, Luxembourg*, Netherlands*, Portugal*, Spain*, Sweden*, Switzerland# Listings London Stock Exchange KCCA LN, KCCP LN Marketing UK, Denmark*, Finland*, France*, Germany*, Ireland*, Italy*, Luxembourg*, Netherlands*, Portugal*, Spain*, Sweden*, Switzerland# Listings London Stock Exchange KCCP IV Marketing UK, Denmark*, Finland*, France*, Germany*, Ireland*, Italy*, Luxembourg*, Netherlands*, Portugal*, Spain*, Sweden*, Switzerland#KSTRKraneShares ICBCUBS China Technology & Semiconductor STAR 50 Index UCITS ETFKraneShares ICBCUBS S&P China 500 UCITS ETF CHINKWEB KraneShares CSI China Internet UCITS ETF

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20Term Definitions: Total Addressable Market (TAM) : The Total Addressable Market (TAM) is a measure of the total revenue opportunity available for a product or service if it ach ieved 100% market share. Compound Annual Growth Rate (CAGR): Compound annual growth rate is a business, economics, and investing term representing the mean annualized growth rate for com pounding values over a given time period . Index Definitions : MerQube Global Humanoid Robotics and Physical Index: Designed to capture the performance of companies engaged in humanoid and physical artificial intelligence -related businesses. The index focuses on key categories within the humanoid and physical AI ecosystem, including the companies that d esign and manufacture humanoid robots and their supply chains that provide key components for humanoids and physical AI.

21 Important Notes Carefully consider the Funds’ investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds‘ full and summary prospectus, which may be obtained by visiting www.kraneshares.eu . Read the prospectus carefully before investing. Risk Disclosures The views and opinions expressed in this material are those of authors of the Krane Funds Advisors, LLC. These opinions have been given in faith but are subject to change without notice. It is the responsibility of the investor to evaluate the accuracy, completeness and usefulness of any opinions, advice or other information provided. Instead, i nvestors must buy and sell UCITS shares in the secondary market with the assistance of a stockbroker. UCITS ETF’s units / shares purchased on the secondary market cannot usually be sold directly back to UCITS ETF. Investors mus t buy and sell units / shares on a secondary market with the assistance of an intermediary (e.g. a stockbroker) and may incur fees for doing so. In addition, investors may pay more than the current net asset value wh en buying units / shares and may receive less than the current net asset value when selling them.UCITS shares are not individually redeemable with the issuing fund other than in large Creation Unit aggregations. In doing s o, the investor may incur brokerage commissions and may pay more than net asset value (NAV) when buying and receive less than net asset value (NAV) when selling. The Net Asset Value per share is calculated in ac cordance with the “Determination of Net Asset Value” section of the prospectus, using the official closing price published by the relevant exchange. Shares are bought and sold at market price which may or may not be consistent with NAV. Investing involves risk, including possible loss of principal. There can be no assurance that a Fund will achieve its stated objectives. Humanoid and embedded intelligence technology companies often face high research and capital costs, resulting in variable profitability in a competitive market where products can quickly become obsolete. Th eir reliance on intellectual property makes them vulnerable to losses, while legal and regulatory changes can impact profitability. Defining these companies can be complex, and some may risk commercial failure. They are als o affected by global scientific developments, leading to rapid obsolescence, and may be subject to government regulations. Many companies in which the Fund invests may not currently be profitable, with no guarante e of future success. Narrowly focused investments typically exhibit higher volatility. The Fund’s assets are expected to be concentrated in a sector, industry, market, or group of concentrations to the extent that the Underlying Index has such concentrations. The securities or futures in that concentration could react similarly to market developments. Thus, the Fund is subject to loss due to adverse occurrences that affect that concentration. Neither MerQube, Inc. nor any of its affiliates (collectively, “MerQube”) is the issuer or producer of KOID and MerQube has n o duties, responsibilities, or obligations to investors in KOID. The index underlying the KOID is a product of MerQube and has been licensed for use by Krane Funds Advisors, LLC and its affiliates. Such index is calculated us ing, among other things, market data or other information (“Input Data”) from one or more sources (each such source, a “Data Provider”). MerQube® is a registered trademark of MerQube, Inc. These trademarks have been licensed for certain purposes by Krane Funds Advisors, LLC and its affiliates in its capacity as the issuer of the KOID. KOID is not sponsored, endorsed, sold or promoted by MerQube, any Data Provider, or any other thir d party, and none of such parties make any representation regarding the advisability of investing in securities generally or in KOID particularly, nor do they have any liability for any errors, omissions, or inter ruptions of the Input Data, MerQube Global Humanoid and Physical AI Index, or any associated data. Neither MerQube nor the Data Providers make any representation or warranty, express or implied, to the owners of the shares o f KOID or to any member of the public, of any kind, including regarding the ability of the MerQube Global Humanoid and Physical AI Index to track market performance or any asset class. The MerQube Global Humanoid and Physical AI Index is determined, composed and calculated by MerQube without regard to Krane Funds Advisors, LLC and its affiliates or the KOID. MerQube and Data Providers have no obligation to take the needs of Krane Funds Advisors, LLC and its affiliates or the owners of KOID into consideration in determining, composing or calculating the MerQube Global Humanoid and Physical AI Index.

22 Risk disclosures continued: Neither MerQube nor any Data Provider is responsible for and have not participated in the determination of the prices or amou nt of KOID or the timing of the issuance or sale of KOID or in the determination or calculation of the equation by which KOID is to be converted into cash, surrendered or redeemed, as the case may be. MerQube and Data Pro viders have no obligation or liability in connection with the administration, marketing or trading of KOID. There is no assurance that investment products based on the MerQube Global Humanoid and Physical AI Index wi ll accurately track index performance or provide positive investment returns. MerQube is not an investment advisor. Inclusion of a security within an index is not a recommendation by MerQube to buy, sell, or hold s uch security, nor is it considered to be investment advice. NEITHER MERQUBE NOR ANY OTHER DATA PROVIDER GUARANTEES THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE MERQ UBE GLOBAL HUMANOID AND Physical AI INDEX OR ANY DATA RELATED THERETO (INCLUDING DATA INPUTS) OR ANY COMMUNICATION WITH RESPECT THERETO. NEITHER MERQUBE NOR ANY OTHER DATA PROVIDE RS SHALL BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. MERQUBE AND ITS DATA PROVIDERS MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND THEY EXPRESSL Y DISCLAIM ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY KRANE FUNDS ADVISORS, LLC AND ITS AFFILIATES, OWNERS OF TH E KOID, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE MERQUBE GLOBAL HUMANOID AND Physical AI INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGO ING, IN NO EVENT WHATSOEVER SHALL MERQUBE OR DATA PROVIDERS BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, L OSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THE FOREGO ING REFERENCES TO “MERQUBE” AND/OR “DATA PROVIDER” SHALL BE CONSTRUED TO INCLUDE ANY AND ALL SERVICE PROVIDERS, CONTRACTORS, EMPLOYEES, AGENTS, AND AUTHORIZED REPRESENTATIVES OF THE REF ERENCED PARTY. This material is for information only and does not constitute an offer or recommendation to buy or sell any investment, or su bscribe to any investment management or advisory service. It is not, under any circumstances, intended for distribution to the general public. You are accessing information which constitutes a financial promotion under section 21 of the Financial Services and Markets Act 2000 ("FSMA"). In relation to the United Kingdom, this information is only directed at, and may only be distributed to, persons who are “Investment Professionals” (being persons having professional experience in matters relating to investments) within the meaning of article 19(5) of the FSMA (Financial Promotion) Order 2005 (the “Financial Promotion Order ”), persons to whom any of paragraphs (2)(a) to (d) of article 49 (high net worth companies, unincorporated associations etc.) of the financial promotion order apply, or persons to whom distribution may otherwise lawfully be made. Any investment, and investment activity or controlled activity, to which this information relates is available only to such pers ons and will be engaged in only with such persons. Persons that do not have professional experience should not rely or act upon this information unless they are persons to whom any of paragraphs (2)(a) to (d) of ar ticle 49 apply to whom distribution of this information may otherwise lawfully be made. In Switzerland, the Fund has appointed as Swiss Representative Waystone Fund Services (Switzerland) SA, Av. Villamont 17, 1005 Lausanne, Switzerland, Tel: +41 21 311 17 77, email: switzerland@waystone.com . The Fund’s paying agent is Helvetische Bank AG. In respect of the Shares distributed in or from Switzerland, the place of performance and jurisdiction is Lausanne ( Switzerland).

Although the information provided in this document has been obtained from sources which Krane Funds Advisors, LLC believes to be reliable, it does not guarantee accuracy of such information and such information may be incomplete or condensed. Krane Fund Advisors, LLC is appointed to act as investment manager in accordance with the requiremen ts of the Central Bank. Krane Fund Advisors, LLC is appointed as the distributor of the ICAV. The Management Company may decide to terminate the agreements made for the marketing of the Fund in accordance with Articl e 93a of Directive 2009/65/EC. The Fund’s indicative net asset value ( iNAV ) can be obtained during trading hours at https://www.londonstockexchange.com/stock/KOID/kraneshares -icav/company -page . KIID and PRIIP documents are available in the language of any Member State where such fund is distributed and the prospectus is available only in English. For additional fund documentation, please visit www.waystone.com or www.kraneshares.eu . To view our Summary of Investor Rights, available only in English, please visit www.kraneshares.eu or click here. R_EU_KS