Notice to Shareholders

30 March 2021

NOTICE TO SHAREHOLDERS

IMPORTANT: This circular is important and requires your immediate attention. If you are in any doubt as to the action you should take you should seek advice from your professional adviser/consultant.

-    Invesco FTSE RAFI Europe UCITS ETF, ISIN IE00B23D8X81;

-    Invesco Euro Stoxx High Dividend Low Volatility UCITS ETF, ISIN IE00BZ4BMM98  

(together the "Funds")

Dear Shareholder,

We are writing to you as a Shareholder of one of the above-mentioned Funds, which are sub-funds of Invesco Markets III Public Limited Company (the "Company") to inform you of upcoming changes to the Funds. We hereby wish to notify Shareholders in the Funds of the following update with regards to PEA eligibility (as defined below).

The Funds have previously been eligible to the Plan d'Epargne en Actions ("PEA") in France. In order to maintain eligibility for the PEA, a Fund must invest on a permanent basis at least 75% of its NAV in companies having their registered office in the EU or part of the EEA which has agreed a tax treaty with France. As of 1 May 2021, the Funds will no longer comply with the PEA requirements.

Should you wish to redeem your shareholding, you may do so in accordance with the dealing provisions outlined in the Supplement. Please contact your tax advisor or financial intermediary on the actions to be undertaken with your PEA as well as any tax implications.

All capitalised terms used in this notice shall bear the same meaning as the capitalised and defined terms used in the Prospectus of the Company and in the Supplement.

If you have any queries arising from this notice, please contact us at [email protected].

Yours faithfully,