This letter is important and requires your immediate attention. If you are in doubt as to the action you should take you should seek advice from your stockbroker, bank manager, solicitor, accountant or other independent financial adviser. If you have sold or transferred all of your shares in the Fund referred to below, please pass this letter at once to the purchaser or transferee or to the stockbroker, bank or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee as soon as possible.

Capitalised terms used herein and not defined shall have the meaning given to those terms in the Company's prospectus dated 13 December 2021.

This letter has not been reviewed by the Central Bank of Ireland (the "Central Bank"). The board of directors of the Company (the "Directors") accepts responsibility for the information contained in this document.

2 March 2022

HSBC MSCI RUSSIA CAPPED UCITS ETF

(the "Fund")

ISIN: IE00B5LJZQ16

TEMPORARY SUSPENSION OF DEALINGS NOTIFICATION

Dear Shareholder,

The purpose of this letter is to inform you that the Directors have resolved, in accordance with Article 14.6(b) of the Articles and the applicable provisions of the Prospectus, to temporarily suspend the determination of the Net Asset Value of the Fund and the issue, redemption and exchange of Shares in the Fund (the "Suspension") with effect from 2 March 2022 until further notice (the "Suspension Period").

The decision to impose the Suspension has been made in the best interest of Shareholders due to events beyond the control, responsibility and power of the Directors that do not allow the disposal and valuation of investments for the time being comprised in the Fund without prejudicing the interests of Shareholders.

Shareholders should be aware that the ongoing situation with the Moscow Stock Exchange may impact the trading, liquidity, tracking and performance of the Fund. Notwithstanding the Suspension, the buying and selling of Shares of the Fund currently remains available on the secondary market.  

Where possible, all reasonable steps will be taken to bring the Suspension Period to an end as soon as possible. Shareholders will be kept informed of any developments with regard to the Suspension.

The Suspension has no effect on the determination of the Net Asset Value or the issue, redemption or exchange of Shares in any other sub-fund of the Company.

Yours sincerely,

Director

For and on behalf of HSBC ETFs plc

Further Information

* Calls may be recorded