Investment Strategy: KARS seeks to measure the performance of Bloomberg Electric Vehicles Index. The fund is designed to track the performance of companies engaged in the production of electric vehicles and/or their components or engaged in other initiatives that may change the future of mobility. The Index includes issuers engaged in the electric vehicle production, autonomous driving, lithium and/or copper production, lithium-ion/lead acid battery production, hydrogen fuel cell manufacturing and/or electric infrastructure businesses. KARS Features: • Access to global companies that operate in all areas of new transportation methods, passenger and freight, including electric vehicles, autonomous vehicles, and shared mobility. • Exposure to companies that lead the development of vehicle connectivity like Internet of Vehicles (IoV) and Intelligent Mobility. • Exposure to the growth brought on by increased demand for lithium-ion battery and non-ferrous metals like lithium due to electric vehicle adoption. • Exposure to equities listed in Mainland China, currently the world’s largest electric vehicle market. Future Mobility Sector Highlights: • 57% of new car sales and over 30% of the global car fleet are projected to be electric by 2040. 1 • The global electric vehicle (EV) market revenue is expected to reach $784.2 billion in 2025 4 and is projected to reach $990 billion by 2029. 4 • Global electric car sales in 2024 saw a record 17.1 million units sold, a 25% year-on-year increase. 2 • Passenger car advanced driver-assistance systems and autonomous driving systems could generate between $300 billion and $400 billion in the passenger car market by 2035. 3 KraneShares Electric Vehicles & Future Mobility ETF 1. Projection from Bloomberg New Energy Finance as of 12/31/2022. Retrieved 3/31/2025. 2. Data from Reuters, “Global electric vehicle sales up 25% in record 2024,” as of 1/13/2025. 3. Data from McKinsey & Company as of January 2023. Retrieved 3/31/2025. 4. “Electric vehicles – Market Insights,” Statista, as of 3/31/2025. KARS 4