BNP Paribas Easy Sustainable Japan UCITS ETF R EUR Acc

Investment Objective: The investment objective of the Fund is to provide exposure to the Japanese equity market while taking into account Environmental, Social and Governance (“ESG”) criteria. Investment Policy: The Fund’s investment universe consists of the securities of the MSCI Japan Net Total Return EUR Index (MSDEJNN Index ) (the “Index”). To achieve its investment objective, the Fund implements a strategy which applies a binding and significant ESG integration approach with a view to improving the Fund’s ESG profile compared to that of the Index (the “Strategy”).The Strategy is implemented to select securities from the investment universe for the Fund to consistently achieve the following targets: - a higher ESG score than that of the Index; - comply with the exclusions applied to the Fund; - a carbon footprint at least 50% lower than that of the Index; - a lower greenhouse gas (“GHG”) intensity than that of the Index; - a portfolio of companies with a board gender diversity ratio higher than that of the Index; and - a minimum proportion of 55% of the portfolio invested in sustainable investments as defined in Article 2 (17) of SFDR. The Strategy reviews the investment universe constituents against three ESG criteria:- Environmental: such as energy efficiency, reduction of emissions of greenhouse gases, treatment of waste;- Social: such as respect of human rights and workers’rights, human resources management (workers’health and safety, diversity); and - Governance: such as board independence, managers’remuneration, respect of minority shareholders rights. ESG scores, as defined by the Investment Manager’s proprietary scoring framework, are used as part of this evaluation. Further details of the Investment Manager’s ESG scoring framework can be found in the Prospectus under the heading “Index Funds and Active Funds: ESG Scoring Framework”. In addition, the Fund does not invest in companies that do not comply with the Investment Manager’s Responsible Business Conduct (“RBC”) Policy which includes: 1) norms-based screens, such as the UN Nations Global Compact principles and OECD Guidelines for Multinational Enterprises, and 2) the Investment Manager’s sector policies, as set out in the section of the Prospectus titled “ESG-related Disclosures Responsible Business Conduct Standards”.The extra-financial analysis coverage is at least 90% of the assets of the Fund (excluding ancillary liquid assets) and is based on the Investment Manager proprietary extra-financial framework as further described in the section of the Prospectus titled “ESG-related disclosures”.The Fund is actively managed with reference to the Index, as the Index constituents define the investment universe for the Fund. In addition, the Fund sets tracking-error and sector controls deviation controls from the Index. As a result, the Fund’s returns may be close to those of the Index. The application of the Strategy means that the securities in the Fund’s portfolio constituents and their weightings will deviate from those of the Index. As a result of the application of the Strategy, the Fund may not invest in all Index components. The Fund’s base currency is EURO.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.