BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS 

The Product is passively managed.The Product seeks to replicate (with a maximum tracking error* of 1%) the performance of the ECPI Global ESG Hydrogen Economy (NR) Index (Bloomberg: GALPHH2N index) (the Index) by investing in the shares issued by companies included in the Index, respecting the Index's weightings (full replication), or in a sample of securities included in the Index (optimised replication). When investing in a sample of shares, the Product's tracking error may be higher. The Index is composed of companies most active in the sustainable hydrogen economy selected on the basis of Environmental, Social and Corporate Governance (ESG) criteria (such as hydrogen products, clean energy, recycling, human capital, corporate governance, etc.) and based on their efforts to reduce their exposure to coal and unconventional fossil fuels. As a result, companies involved in sectors with a potentially high negative ESG impact, those subject to significant violations of the UN Global Compact principles and those involved in severe ESG-related controversies are excluded from the Index. The type of approach implemented here is thematic (the index is composed of companies that provide products and services proving concrete solutions to specific environmental and/or social challenges, seeking to benefit from future growth anticipated in these areas while contributing capital to the transition towards a low-carbon, inclusive economy).The investment team applies also BNP PARIBAS ASSET MANAGEMENT's Sustainable Investment Policy, which takes into account environmental, Social and Governance (ESG) criteria such as but not limited to reduction of emissions of greenhouse gas, respect of human rights, respect of minority shareholders rights, at each step of the investment process of the Product. The extra-financial strategy of the Index may comprise methodological limitations such as the risk related to ESG investment or the Index rebalancing+. Further information on the Index, its composition, calculation and rules for periodical review and rebalancing and on the general methodology behind the ECPI indices can be found on www.ecpigroup.com.*The tracking error is a risk indicator that measures how closely a fund tracks the performance of its reference index.Incomes are systematically reinvested.Investors are able to redeem on a daily basis (on Luxembourg bank business days) as described in the prospectus.