Past performance is not a guarantee or reliable indicator of future results. P ! MCO provides services only to certain qualified institutions and clients where authorized. P ! MCO companies include P ! MCO LLC (United States), P ! MCO Europe Ltd (London, UK and Munich, Germany), P ! MCO Japan Ltd (Tokyo, Japan), P ! MCO Asia Pte Ltd (Singapore), P ! MCO Asia Ltd (Hong Kong), P ! MCO Australia Pty Ltd (AFSL 246862, ABN 5408428058, Wholesale Clients as defined in the Corporations Act only), and P ! MCO Canada Corp (Toronto accredited investors within certain provinces or territories only). This document has been approved for the purposes of Section 21 of the Financial Services and Markets Act 2000 in the UK by P ! MCO Europe Ltd which is regulated in the UK by the Financial Conduct Authority.

PIMCO ETFs plc Funds are distributed by PIMCO Europe Ltd., 11 Baker Street, London W1U 3AH, England.

Amsterdam  Newport Beach

PIMCO Europe Ltd. Amsterdam Branch²  Pacific Investment Management Company LLC

Hong Kong  Singapore

PIMCO Asia Limited¹  PIMCO Asia Pte Ltd³

London  Sydney

PIMCO Europe Ltd.²  PIMCO Australia Pty Ltd⁴

Munich  Tokyo

PIMCO Europe Ltd Munich Branch²  PIMCO Japan Ltd⁵

New York  Toronto

Pacific Investment Management Company LLC  PIMCO Canada Corp.⁶

P ! MCO provides services only to qualified institutions and investors.

¹ PIMCO Asia Limited is licensed pursuant to the Securities and Futures Ordinance in Hong Kong.

² PIMCO Europe Ltd., PIMCO Europe Ltd. Munich Branch, and PIMCO Europe Ltd. Amsterdam Branch are authorized and regulated by the Financial Conduct Authority in the UK. PIMCO Europe Ltd. Munich Branch is additionally regulated by the BaFin in Germany in accordance with Section 53b of the German Banking Act and PIMCO Europe Ltd. Amsterdam Branch is additionally regulated by the AFM in the Netherlands.

³ PIMCO Asia Pte Ltd. provides services only to accredited investors and is regulated by the Monetary Authority of Singapore.

⁴ PIMCO Australia Pty Ltd., AFSL 246862 and ABN 5408428058, offers services to wholesale clients as defined in the Corporations Act 2001.

⁵ Security Investment Advisory Business Registration Number: Director of Kanto Local Financial Bureau No. 768. Discretionary Investment Advisory Business Approval Number: Financial Reconstruction Commission No. 5. Securities Investment Trust Management Business Approval Number: Financial Reconstruction Commission No. 27. Japan Securities Investment Advisers Association Membership Number: 011-00768.

⁶ PIMCO Canada Corp. provides services only to accredited investors within certain provinces or territories in accordance with applicable law.

Performance quoted represents past performance. Past performance is no guarantee of future results. Current performance may be lower or higher than performance shown. Investment return and the principal value of an investment will fluctuate. Shares may be worth more or less than original cost when redeemed. Performance data current to the most recent month-end is available by calling +353-1776-9990.

PIMCO ETFs plc is an open-ended umbrella investment company with variable capital and segregated liability between Funds incorporated with limited liability in Ireland under the Companies Acts 1963 to 2009 with registration number 489440 and established as an undertaking for collective investment in transferable securities pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2003 (S.I. No. 211 of 2003), as amended.