KIQQ ETF: Hedged ETF | Nasdaq-100 Collar Strategy

info@kraneshares.com6/30/2026 A Nasdaq® Hedge & Option Income Strategy Overview of the KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF (Ticker: KIQQ)KIQQ

Investment Overview: KIQQ is designed for investors seeking to maintain equity exposure to the Nasdaq- 100 Index ® through volatile and uncertain markets. The underlying approach is similar to a common trading strategy known as a “collar”, where an investor owns a stock position and simultaneously sells call options to generate option income while purchasing put options to hedge against downside risk. KIQQ takes this strategy one step further by utilizing the Nasdaq InspereX Dynamic Buffered High Income

Index as its benchmark. The Index uses futures on the Nasdaq -100 Futures Excess Return Index to delta -replicate loss - limiting puts, while selling out -of-the-money calls to generate option income. This enhanced approach seeks to provide upside participation, a potential reduction in hedging costs, and monthly distributions. Why KIQQ: •KIQQ was developed in partnership with InspereX, who specializes in structured risk -managed solutions. KraneShares has also initially engaged Goldman Sachs as a swap counterparty for the fund’s option exposure. •KIQQ is designed for investors seeking to maintain equity exposure through volatile and uncertain markets, like in 2025, where the Nasdaq 100 ® continued to hit all -time highs even as valuations and concentration risk increased. •KIQQ’s Index utilizes an enhanced collar strategy to potentially serve as a useful building block for portfolios seeking growth potential while limiting losses and mitigating downside risk.KIQQ KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF 2There is no guarantee that losses will be limited or that the strategy will be effective in all market conditions. Distributions are not guaranteed and may vary. The Fund may engage one or more financial institutions as swap counterparties to implement its derivatives strategy. Counterparties are subject to change without notic e. Goldman Sachs is not an advisor, promoter or affiliate of KIQQ or KraneShares and has no responsibility regarding the advisability or suitability of the KIQQ fund as an investment. Please see the end of the pre sentation for definitions.

33KIQQ Partner InspereX is built on access, aggregation, and analysis. InspereX redefines precision investing across structured products, ETFs, private markets, and new-issue and secondary fixed income. InspereX connects advisors and institutions to differentiated investment opportunities, combining deep market expertise with a modern approach to distribution. InspereX’s Aria platform integrates advanced technology, market intelligence, and personalized service to streamline execution and empower advisors to deliver greater value to their clients. InspereX represents more than 400 issuing entities, distributes to more than 1,500 partners, and has distributed more than $850 billion in new issue securities. 1 The firm has seven trading desks and more than 180 employees with offices in Delray Beach, Florida; Charlotte, North Carolina; Chicago, Illinois; and New York, New York. 1.Data from InspereX as of 10/31/2025. SWAP CounterpartyKIQQ ETF The Fund may engage one or more financial institutions as swap counterparties to implement its derivatives strategy. As of Fund launch, Goldman Sachs serves as a swap counterparty. Counterparties are subject to change without notice. Goldman Sachs does not sponsor, endorse, or guarantee the Fund.Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

950010500115001250013500145001550016500175001850019500 12/31/2023 1/31/2024 2/29/2024 3/31/2024 4/30/2024 5/31/2024 6/30/2024 7/31/2024 8/31/2024 9/30/2024 10/31/2024 11/30/2024 12/31/2024 1/31/2025 2/28/2025 3/31/2025 4/30/2025 5/31/2025 6/30/2025 7/31/2025 8/31/2025 9/30/2025 10/31/2025 11/30/2025 12/31/2025 1/31/2026 2/28/2026 3/31/2026 4/30/2026 5/31/2026 6/30/2026Growth of 10,000 UnitsNasdaq 100 Index ® Performance Since 20241 4The Nasdaq -100 Index® Begins 2026 Similar To 2025, A Global Conflict Affecting Markets

1. Data from Bloomberg as of 6/30/2026; weights reflect Nasdaq -100 free-float market -cap methodology. Index returns are for illustrative purposes only and do not reflect management fees, transaction costs, or expenses. Indexes are unmanaged, and one cannot invest directly in an index. Past performance does not guarantee future results. Please see the end of the presentation for definitions. Holdings are subject to change. See page 10 for top 10 holdings.•The Nasdaq -100 Index® is up ~20% since the start of 2026.1 •Valuations of the Magnificent 7 companies may be lofty, with mentions of a potential “AI bubble” rising. •Still, AI is making a meaningful impact on tech company earnings growth, which is widely considered a key investment trend and continues to attract significant investor interest.“Liberation Day” Tariff Market DropIran Conflict

Concentration in a few big names, is the Nasdaq -100 Index top heavy? Data from Bloomberg as of 6/30/2026; weights reflect Nasdaq -100® free-float market -cap methodology. Past performance does not guarantee future results. Holdings are subject to change. See page 10 for top 10 holdings. Please see the end of the presentation for definitions.“Magnificent 7” 5-Year Return (%)Current Price -to- Earnings Ratio Nvidia 903.32 36.08 Google 184.45 36.46 Tesla 85.64 308.23 Meta 63.40 19.25 Microsoft 43.49 25.23 Apple 116.73 39.38 Amazon 38.56 35.92 545% 55%Nasdaq -100 Index ® Top 10 Constituent Weight % Sum % of top 10 NDX Index Sum % of rest of NDX Index

Mentions of an “AI Bubble” have been increasing across financial media outlets

1. Data from Bloomberg as of 6/30/2026. Media coverage of potential market risks does not constitute investment advice or a f orecast. Please see the end of the presentation for definitions.0102030405060Nasdaq- 100 Index Volatility 30D1

7KIQQ combines key elements of derivative- based ETF strategies into a single, adaptive approach Equity exposure, downside hedge (seeks to limit losses), option incomeSystematic enhanced option collar strategy (KIQQ) Provide option income potential (call writing, capped upside), but with downside exposureCovered call strategy Downside hedge, capped upside, no stated option income goalsDefined outcome strategyKIQQ ETF There is no guarantee that losses will be limited or that the strategy will be effective in all market conditions. Distributions are not guaranteed and may vary.

8KIQQ’s Index: How It Works We believe KIQQ’s Index implements a sophisticated, cost- effective approach to potentially limit losses while generating option income. Option Income & Dividends: Additionally, KIQQ’s Index generates option income by selling weekly, out -of-the- money call options, providing an option income stream on top of traditional equity dividends from the Nasdaq- 100®.Put Strategy: Rather than using physical put options, KIQQ’s Index delta replicates loss -limiting puts by adjusting short positions on Nasdaq- 100 Futures Excess Return Index futures on a daily basis, potentially reducing hedging costs. Equity Exposure: Exposure to the Nasdaq- 100 Index®, which is composed of the 100 largest non- financial companies listed on the Nasdaq stock exchange, weighted by market capitalization. KIQQ option strategies are maintained through a swap with Goldman Sachs KIQQ ETF There is no guarantee that losses will be limited or that the strategy will be effective in all market conditions. Distributions are not guaranteed and may vary. The Fund may engage one or more financial institutions as swap counterparties to implement its derivatives strategy. As of Fund launch, Goldman Sachs serves as a swap cou nterparty. Counterparties are subject to change without notice. Goldman Sachs does not sponsor, endorse, or guarantee the Fund.

9KIQQ Yield Metrics & Distributions Since InceptionKIQQ ETF Distribution Rate 9.34% Distribution Frequency Monthly 30-Day SEC Yield 0.00% This material must be preceded or accompanied by a current prospectus . Investors should read it carefully before investing or sending money. Distribution Rate is the annualized payout, expressed as a percentage of NAV, that an investor would receive, assuming that the latest monthly distribution remained the same over the next twelve (12) months. Distribution Rate may include return of capital, ordinary dividends, or capital gain. Distributions may coincide with a decline in NAV. The Distribution Rate is representative of a single distribution and does not indicate total return. Future distributions may differ significantly from the latest distribution and are not guaranteed. For the Fund’s fiscal year to date, please refer here for the SEC 19a Notice with a breakdown of each monthly distribution. Please note the Fund’s distributions include return of capital. For the purposes of the SEC 19a Notice, options income is excluded from the calculation of net investment income. 30-day SEC Yield is a standardized yield calculation used to compare the yield of mutual funds, exchange -traded funds (ETFs), and other investment options. It represents the yield an investor would receive in the form of interest or dividends over the course of a 30 -day period, assuming that dividends and interest are reinvested. 2026 Distributions Ex-Date Record Date Payable Date Amount 01/29/2026 01/29/2026 01/30/2026 0.188997 02/26/2026 02/26/2026 02/27/2026 0.213996 03/30/2026 03/30/2026 03/31/2026 0.181997 04/29/2026 04/29/2026 04/30/2026 0.197001 05/28/2026 05/28/2026 05/29/2026 0.157997 06/29/2026 06/29/2026 06/30/2026 0.196996 Future calendar dates are subject to change. There is no guarantee that dividends will be paid. Past distributions are not indicative of future trends. This material is provided for educational purposes only and does not constitute investment advice. Distributions are issued to brokers on the payable date, and are subject to broker payment schedules.

Fund Details Data as of 06/30/2026 Primary Exchange Nasdaq CUSIP 500767199 ISIN US5007671994 Total Annual Fund Operating Expense 0.79% Inception Date 01/06/2026 Distribution Frequency Monthly Underlying Index Nasdaq InspereX Dynamic Buffered High Income Index Number ofHoldings 105Top10Holdings asof 06/30/2026 Holdings are subject tochange.Ticker % +NDXDBHIO/ -FED FUNDS – 97.05 NVIDIA CORP NVDA 8.21 APPLE INC AAPL 7.22 MICRON TECHNOLOGY INC MU 6.14 MICROSOFT CORP MSFT 4.71 ADVANCED MICRO DEVICES AMD 4.43 AMAZON.COM INC AMZN 4.32 TESLA INC TSLA 3.46 ALPHABET INC-CLA GOOGL 3.43 INTEL CORP INTC 3.29 KIQQ Performance History asof06/30/2026: Cumulative % Cumulative % 3Mo 6Mo Since Inception 1Yr 3Yr 5Yr Since Inception Fund NAV 16.55% – 9.41% – – – 9.41% Closing Price 16.31% – 9.38% – – – 9.38% Underlying Index 16.11% – 9.32% – – – 9.32%KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF Investment Strategy: KIQQ is designed for investors seeking to maintain equity exposure to the Nasdaq -100 Index® through volatile and uncertain markets. The underlying approach is similar to a common trading strategy known as a “collar”, where an investor owns a stock position and simultaneously sells call options to generate option income while purchasing put options to hedge against downside risk. KIQQ takes this strategy one step further by utilizing the Nasdaq InspereX Dynamic Buffered High Income Index as its benchmark. The Index uses futures on the Nasdaq -100 Futures Excess Return Index to delta -replicate loss- limiting puts, while selling out -of-the-money calls to generate option income. This enhanced approach seeks to provide upside participation, a potential reduction in hedging costs, and monthly distributions. Theperformance data quoted represents past performance. Past performance does notguarantee future results. Theinvestment return andprincipal value ofaninvestment willfluctuate sothat aninvestors shares, when sold or redeemed, may beworth more orless than their original cost andcurrent performance may belower orhigher than theperformance quoted. Forperformance data current tothemost recent month end, please visit https://www.kraneshares.com/etf/kiqq . Index returns areforillustrative purposes only. Index performance returns donotreflect anymanagement fees, transaction costs orexpenses. Indexes areunmanaged andonecannot invest directly inanindex. There is no guarantee that losses will be limited or that the strategy will be effective in all market conditions. Distributi ons are not guaranteed and may vary.

KraneShares Empowering investors with access to the world’ s most powerful growth themes through ETFs, private strategies, and innovative investment solutions.

China, Emerging Markets & Regional Alternatives Income & Covered Call AI, Robotics & Emerging Technology KURE Healthcare KGRN Clean TechnologyKSTR STAR Market KTEC Hang Seng TechKWEB Internet & E -Commerce China A Shares KBA / CHIN KCAI China Onshore Alpha IndexAGIX Artificial Intelligence & Technology KOID Humanoid & Embodied Intelligence Electric Vehicles & Future Mobility KARSChina Suite Future TechBroader Emerging Markets KEMQ Emerging Markets Consumer Tech KPHODragon Capital Vietnam GrowthKEMX MSCI Emerging Markets ex China U.S. & Developed Markets KVLE Value Line® Dynamic Dividend EquityHedgeye Hedged Equity KSPY Man Buyout Beta Index BUYO Fixed Income BNDDQuadratic Deflation ETFIVOLQuadratic Interest Rate Volatility & Inflation Hedge KHYB Asia High Income USD BondSustainable Ultra Short DurationKCSH KEUA European Carbon AllowanceGlobal Carbon Strategy KRBNCarbon CreditsKPDD 2X Long PDD Daily KJD 2X Long JD DailyKBAB 2X Long BABA Daily KMLI 2X Long MELI Daily Covered Call & Options Income Managed Futures KMLMMount Lucas Managed Futures KWIN Wahed Alternative IncomeKLIP China Internet & Covered Call Outcome Based Equity KIQQ Nasdaq Buffer & Option IncomeLevered & High- Conviction Exposure KBUF90% KWEB Defined Outcome100% KWEB Defined Outcome KPRO Alternative Income KCCA California Carbon AllowanceExtensive ETF Product Suite Spanning High Growth Sectors Strategy also available in UCITS / ETCKBDU 2X Long BIDU Daily

13Definitions: InspereX Nasdaq Dynamic Buffered High Income Index (the “Underlying Index”): The Underlying Index is designed to track the performance of a systematic enhanced collar strategy that seeks to limit losses while providing option income on the Nasdaq -100 Index®. Nasdaq-100 Index®: The Nasdaq- 100 Index® is a stock market index composed of the 100 largest non -financial companies listed on the Nasdaq stock exc hange, weighted by market capitalization. Swap: A swap is a financial derivative contract in which two parties exchange specific cash flows or liabilities, often involving f ixed and variable payments based on interest rates, currencies, or other benchmarks.Nasdaq-100 Index® Volatility (30D): The 30- day volatility of the Nasdaq -100 Index® (NDX), often measured as the annualized standard deviation of daily returns over the past 30 days.Current Price -to-Earnings (P/E): The price -to-earnings (P/E) ratio measures a company's share price relative to its earnings per share, used to assess valuation. Delta -replicate loss -limiting puts: An options strategy involving put options structured to limit downside risk, where the "delta" is closely matched (replicated ) to the underlying asset’s movements, providing targeted risk exposure or protection. The core objective is to hedge a position while effectively capping potential losses through a controlled options purchase. This approach is mainly used to ensure a portfolio against significant declines while retaining upside potential. Nasdaq-100 Futures Excess Return Index: A benchmark designed to track the performance of a hypothetical strategy that holds continual (rolled) long positions in Nasdaq -100® futures contracts, accounting for gains/losses in the underlying while excluding the interest earned on collateral c ash balances. This index represents leveraged, unfunded exposure to the Nasdaq- 100 Index® and is often used in structured financial products to provide "excess return" without the cash financing component. The index is systematically rolled forward to maintain continuous futures exposure and remove the cost of carry or financing from the index return.

14Important 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 https://www.kraneshares.com/etf/kiqq . Read the prospectus carefully before investing. Risk Disclosures: Investing involves risk, including possible loss of principal. There can be no assurance that a Fund will achieve its stated objectives. Indices are unmanaged and do not include the effect of fees. One cannot invest directly in an index. This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strate gies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change. Certain content represents an assessment of the market environment at a specific time and is not intended to be a forecast of future events or a guarantee of future results; material is as of the dates noted and is subject to change without notice. KIQQ may invest in derivatives, which are often more volatile than other investments and may magnify KIQQ’s gains or losses. A derivative (i.e., futures/forward contracts, swaps, and options) is a contract that derives its value from the performance of an underlying asset. The primary ris k of derivatives is that changes in the asset’s market value and the derivative may not be proportionate, and some derivatives can have the potential for unlimit ed losses. Derivatives are also subject to liquidity and counterparty risk. KIQQ is subject to liquidity risk, meaning that certain investments may become difficult to purchase or sell at a reasonable time and price. If a transaction for these securities is large, it may not be possible to initiate, which may cause KIQQ to suffer losses. Counterparty risk is the risk of loss in the event that the counterparty to an agreement fails to make required payments or otherwise comply with the terms of the derivative. Hedges may have imperfect matching between the derivative and the underlying security; there is no assurance that hedging will be effective. Hed ging may reduce or eliminate losses or gains. Options are derivative contracts that give the holder, for a premium, the right to buy or sell an underlying asset at a set p rice within a specified period, while the writer must fulfill the obligation if exercised. Their value is highly sensitive to factors such as changes in the underlying asset, interest and currency rates, implied volatility, time to expiration, and global economic or political events. These instruments can be illiquid and may not perfec tly track the reference asset. Writing options can reduce market risk but limits upside potential, while purchasing options risks losing the premium paid. Market disru ptions or lack of liquidity may impair strategy effectiveness, so options may not always reduce volatility and could result in losses. The Fund earns option premium income from selling options, which is generally classified as a return of capital for financial reporting and shown as such on monthly 19(a) notices. These notices, however, do not reflect the tax treatment, which is determined after year -end. For tax pur poses, this income is typically considered taxable investment income and may not reduce your tax basis in Fund shares when distributed.

15Risk Disclosures Continued: The use of options involves risks and strategies that differ from traditional securities. Options prices can be highly volatile and influenced by changes in the underlying asset, interest rates, currency exchange rates, and market expectations. Options may be illiquid or imperfectly co rrelated with the underlying asset. Purchasing options can result in the loss of the entire premium, while writing options may limit gains and create significant obligations if exercised. Market disruptions or lack of liquidity may reduce the effectiveness of options strategies, and there is no guarantee they will reduce portfolio volatility. Certain derivatives, including options, may be centrally cleared through a clearing house such as the OCC, which introduces r isks related to margin, commingled accounts, and clearing member defaults. If a clearing member or the OCC fails to meet obligations, the Fund could suffer loss es. Futures contracts also involve risks, including imperfect correlation with reference assets, potential illiquidity, and subst antial daily margin calls that may require selling securities at disadvantageous times. Swap transactions generally do not involve delivery of the reference asset or notional amount, and losses are typically limit ed to net payments owed. Swaps are of limited duration, and the ability to maintain or renew positions depends on available counterparties and agreed terms. Limite d counterparties or defaults could impair the Fund’s ability to implement its investment strategy. Narrowly focused investments typically exhibit higher volatility. The Fund’s assets are expected to be concentrated in a sect or, 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. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. KIQQ is non- diversified. The Fund may invest in other investment companies, including those advised or serviced by Krane or its affiliates, which expo ses the Fund to the risks of those investments and its share of their expenses. Investments in ETFs are subject to ETF risk. Krane may face conflicts of interes t when allocating assets to affiliated investment companies. If the Fund invests in pooled vehicles not registered under the Investment Company Act of 1940, it will not have the protections of U.S. law.

16Risk Disclosures Continued: ETF shares are bought and sold on an exchange at market price (not NAV) and are not individually redeemed from the Fund. Howe ver, shares may be redeemed at NAV directly by certain authorized broker- dealers (Authorized Participants) in very large creation/redemption units. The returns shown do not represent the returns you would receive if you traded shares at other times. Shares may trade at a premium or discount to their NAV in the secondar y market. Brokerage commissions will reduce returns. Beginning 12/23/2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn't available, the midpoint between the national best bid and national best offer ("NBBO") as of the time the ETF calculates the current NAV per share. Prior to that date, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time . The KraneShares ETFs and KFA Funds ETFs are distributed by SEI Investments Distribution Company (SIDCO), 1 Freedom Valley Dri ve, Oaks, PA 19456, which is not affiliated with Krane Funds Advisors, LLC, the Investment Adviser for the Funds, or any sub -advisers for the Fund. [R_US_KS_SEI]