BNP PARIBAS Easy ICAV - BNP Paribas Easy MSCI World Equal Weight Select UCITS ETF

Investment Objective: The Sub-Fund (the “Fund”) seeks to replicate the performance of the MSCI World Equal Weighted Ex Business Involvement Screens Select Index (NTR) (the “Index”). Investment Policy: The Fund pursues a passively managed (index tracking) strategy. In order to achieve its investment objective, 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). The Fund may also 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 a global developed equity index which measures the performance of large and mid-cap equity securities. The Index investment universe (the “Investment Universe”) consists of the components of the MSCI World Index. Companies involved in sectors with a potentially high negative Environmental, Social and Governance (“ESG”) impact, i.e. that generate more than a certain percentage of their revenue from sectors such as tobacco, thermal coal power generation, fossil fuel extraction, those subject to significant violations of the UN Global Compact principles and those involved in severe ESG-related controversies are excluded from the Index. If the percentage of reduction of the Investment Universe after the application of such exclusions is lower than 20%, the Index will discard companies with the lowest ESG Scores until the percentage of reduction reaches at least 20% (“selectivity”approach). At each rebalancing date, all Index constituents are weighted equally, regardless of market-cap size. The Index is rebalanced quarterly. The extra-financial strategy of the Index, carried out at each step of the investment process, may comprise methodological limitations such as the Extra-financial Criteria and Sustainable Investments Risk or the Index rebalancing. The Fund’s base currency is US Dollar. Further information on the Index, its composition, calculation and rules for periodical review and rebalancing and on the general methodology behind the MSCI indices can be found on www.msci.com. Distribution Policy: It is not the current intention of the Directors to declare dividends in respect of Classes identified as “Capitalisation”. Recommendation: This Fund is suitable for medium to long term investment, though the Sub-Fund may also be suitable for shorter term exposure to the Index. Please refer to the supplement of the Fund (the “Supplement”) for additional details about the objective and investment policy