Vanguard Funds plc

(the "Company")

Re: Index provider methodology changes - Vanguard ESG Global All Cap UCITS ETF (the "Sub-Fund")

As outlined in a shareholder notification dated 19 January 2022 ( https://global.vanguard.com/portal/site/portal/ucits-fund-announcements ), FTSE Russell ("FTSE"), being the sponsor of the FTSE Global All Cap Choice Index (the "Index"), was scheduled to make changes to the Index methodology on 21 March 2022, in line with the FTSE re-balancing of the Index. The Directors of the Company wish to announce that such methodology changes have now occurred.

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