IMPORTANT: Investment involves risks. Investment value may rise or fall. Past performance information presented is not indicative of future performance. Investors should refer to the Prospectus and the Product Key Facts Statement for further details, including product features and risk factors. Investors should not base on this material alone to make investment decisions. CSOP Hang Seng Index ETF (the “Sub-Fund”) is a sub-fund of the CSOP ETF Series III, which is an umbrella unit trust established under Kong law. The Sub-Fund is a passively managed index tracking exchange traded fund authorised under Chapter 8.6 of the Code on Unit Trusts and Mutual Funds. The units of the Sub-Fund are traded on the of Limited (the “SEHK”) essentially like shares. • The Sub-Fund is not principal guaranteed and your investments may suffer losses. There is no assurance that the Sub-Fund will achieve their respective investment objectives. • The Sub-Fund is passively managed and the Manager will not have the discretion to adapt to market changes due to the inherent investment nature of the Sub-Fund. Falls in the value of the Hang Seng Index (the “Underlying Index”) may result in a corresponding fall in the value of the Sub-Fund. • The Sub-Fund’s investment in equity securities is subject to general market risks, whose value may fluctuate due to various factors, such as changes in investment sentiment, political and economic conditions and issuer-specific factors. • The Underlying Index tracks the performance of companies incorporated in, or with the majority of revenue derived from, or with a principal place of in, the Greater China region and in particular Hong Kong listed securities of specific industry sectors. The NAV of the Sub-Fund is therefore likely to be more volatile than a more broad-based fund, such as a global or regional fund, as the Underlying Index is more susceptible to fluctuations in value resulting from adverse conditions in a single region. • Generally, retail investors can only buy or sell units of the Sub-Fund on the SEHK. The trading price of the units on the SEHK is driven by market factors, such as the demand and supply of units, and may trade at a substantial premiums or discount to its NAV.

Please note that the above listed investment risks are not exhaustive and investors should read the Prospectus and the Product Key Facts Statement in detail before making any investment decision.

CSOP Hang Seng Index ETF The Opportunity of Hong Kong. The ETF of Hong Kong.

Stock Code

3037 #

INVESTMENT MADE EASY

Disclaimer：

CSOP Hang Seng Index ETF is authorized by the Securities and Futures Commission ("SFC") in Hong Kong. Such authorization does not imply any official recommendation by the SFC. This material and the information contained in this material shall not be regarded as an offer or solicitation of business in any jurisdiction to any person to whom it is unlawful to offer or solicit business in such jurisdictions. This material and the information contained in it are for general information only and do not constitute financial, professional, investment or any other kind of advice in any way and shall not be considered as an offer or solicitation to deal in any investment products. If you wish to receive advice on investment, please consult your professional legal, tax and financial advisers. CSOP Asset Management Limited (“CSOP”) which prepared this material believes that information in this material is based upon sources that are believed to be accurate, complete, and reliable. However, CSOP does not warrant the accuracy and completeness of the information, and shall not be liable to the recipient or controlling shareholders of the recipient resulting from its use. CSOP is under no obligation to keep the information up-to-date. This material should not be reproduced or made available to others without the written consent of CSOP.

This material is prepared by CSOP and has not been reviewed by the Securities and Futures Commission in Hong Kong. Issuer: CSOP Asset Management Limited

Please refer to the offering documents for the index provider disclaimer.

#The linked website has not been reviewed by the Securities and Futures Commission and may contain information of funds not authorized by the Securities and Futures Commission. CSOP Hang Seng Index ETF (3037.HK)

The investment objective of the CSOP Hang Seng Index ETF is to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of the underlying index, namely, Hang Seng Index. There is no assurance that the Sub-Fund will achieve its investment objective.

A new member of CSOP HSI product family Represent the largest and most liquid companies listed in HK

CSOP Hang Seng Index ETF Underlying Index Information# Fund Manager CSOP Asset Management Limited Underlying Index Hang Seng Index → Greater China companies at HKEX mainboard Stock Code 3037 → Market Value Requirement Initial Issue Date 5 May 2021 → Turnover Requirement → Listing History Requirement Listing Date 6 May 2021 Method • At least 24 months, or Exchange – Main Board • A security with a very large market value may also be considered Investment Strategy** Full Replication Strategy → A free float adjusted market capitalization weighted index Base Currency HKD Number of 55, as of 31 March 2021 Constituents Trading Currency HKD • Secondary-listed/ WVR constituents: 5% Weight Cap Trading Lot Size 100 Units • Other Constituents: 10% Rebalance Quarterly review Issuing Price^* Approximately 28.72 HKD per unit Launch Date November 24, 1969 Minimum Investment* Approximately 2,872 HKD per lot Base and Base at 100 on July 31, 1964 Date Distribution Policy Semi-Annually (May & Nov) Market Cap HKD 28.7054 Trillion as of February 26, 2021 Management Fee^^ 0.1% per annum (single flat fee) Base Currency HKD Bloomberg Trustee BOCI-Prudential Trustee Limited HSINH Ticker Source: ^* CSOP, the data is estimated data for reference. **For details, please refer to the Prospectus and Product Key Facts Statement. ^^Please note that some fees may be increased up to a permitted maximum amount by providing one month’s prior notice to unitholders. Please refer to the section headed “Fees and Charges” of the Prospectus for details. #Source: Hang Seng Indexes Company Sector Breakdown Hang Seng Index Enhancement Conglomerates, Consumer Discretionary Healthcare， On 1 March 2021, Hang Seng Indexes Company Limited announced to implement 1.86% the wide-ranging overhauls to Hang Seng Index, the biggest changes in its 51-year- Information Consumer ， 8.36% 4.87% old history. Technology, Staples, 23.11% 2.20% 1 Increasing the number of constituents to 80 by the mid-2022, and Energy, 2.56% ultimately fix the number of 100 Materials, 0.00% Industrials, 1.30% 2 Selecting the HSI constituents by 7 industry groups Telecommunica tions, 2.86% Utilities, 3 Shortening the listing history requirement to 3 months 3.15% Properties & Construction, 4 Adopting a weighting cap of 8% on all HSI constituents 8.49% 5 Maintain 20 to 25 constituents classified as HK companies Financials, 41.24%

Source: Hang Seng Indexes Company Limited, as of 31 March 2021 Source: Hang Seng Indexes Company Limited

Hang Seng Index: The most representative and important benchmark of the Hong Kong stock market

Since its base date, Hang Seng Index has earned total return of 28,378%, with annual return of >10%. 35000 30000 25000 20000 15000 10000 5000 0

Source: Bloomberg, as of 31 March 2021 All information for an index prior to its launch date is back-tested, back-tested performance reflects hypothetical historical performance. Why CSOP Hang Seng Index ETF? 1. Not Affected by US Sanction

1) Future HSI: More Representative but Higher Sanction Risk • After changes, the HSI would cover 71%/66% of market cap and turnover of the HK market, rising from 57%/50% now. • The potential new additions would be dominated by New China stocks. As US-China relations remain tense, more Chinese growth-style constituents may cause higher sanction risk. More Weightings on Info. Tech, Consumer, and Healthcare Higher Exposure to New China and Growth Stocks 100% Financials Existing HSI HSI 80 Mainland Offshore Listings 60% 68% Info Tech 80% 40.3% 32.8% Hong Kong Local Companies 40% 32% Consumer Discretionary Market New China 43% 47% 60% Consumer Staple Composition Old China 57% 53% 28.6% Primary listing 95% 93% 26.9% Properties 40% Secondary listing* 5% 7% 10.3% 8.1% Healthcare 2021E EPS Growth 21% 28% 2.3% 4.0% 20% 6.7% 6.2% Utilities 2022E EPS Growth 12% 14% 4.6% 7.4% Fundamental 2021E PE 12.7 14.8 Telecommunication 0% 6.5% 5.4% 2021E PB 1.2 1.5 Existing HSI HSI 80 Others^ 2021E Dividend Yield 3.1% 2.4% Source: Hang Seng Indexes Company Limited, Goldman Sachs. As of Feb 11, 2021. ^Others include Energy, Materials, Industrials, and Conglomerates. *Not southbound eligible now. HSI 80 is the hypothetical index with 80 constituents, and all the statistical results about HSI 80 are simulated and for reference only 2) US ETF Managers: Under pressure whether to delete or keep sanctioned names • US government has issued an investment ban on 44 Chinese companies1, 3 of which are constituents of HSI. • Hang Seng Indexes Company Limited did not take any action. The manager of Tracker Fund announced on Jan 11 that Tracker Fund will not make any new investment in sanctioned stocks in HSI, but on changed mind to resume investing2 two days later under pressure from different sides in the HK financial industry. Sanctioned Names in Hang Seng Index* Under the continuing geopolitical tension: Ticker Name Weight(%) ETF managed by US asset managers: 941 HK Equity Ltd 2.63 • Great uncertainty & potential tracking error 883 HK Equity CNOOC Ltd 1.22 CSOP Hang Seng Index ETF: 762 HK Equity Hong Kong Ltd 0.23 • Not affected by US sanction SUM (3 names) 4.08% • Track Hang Seng index closely Source: 11https://home.treasury.gov/policy-issues/financial-sanctions/sanctions-programs-and-country-information/chinese-military-companies-sanctions; 2Tracker Fund announcement dated Jan 13, 2021 https://www.trahk.com.hk/eng/download/20210113_1_Press-Release_Eng.pdf *Hang Seng Indexes Company Limited. As of 31 March 2021

2. Competitive Fees and Low Investment Threshold Items CSOP HSI ETF Peer 1 Peer 2 Trading value ~HKD 2,872 per lot HKD 14,360 per lot HKD 2,872 per lot per board lot^ Creation / Redemption In-Kind, In-Cash and Special In-Cash Only In-Kind creation In-Kind, In-Cash and Special In-Cash Fees Payable by Participating Dealers In-cash: up to HK$3,000 per application, currently HK$1,000 HK$15,000 per Participating HK$3,000 per Application, waive for Transaction Fee Dealer's aggregate creation or the first 6 months In-kind: up to HK$25,000 per Participating redemption on that day Dealer's aggregate creation or redemption on that day, currently HK$15,000 Conversion Agent’s Fee Up to HK$ 12,000, per day per PD Up to HK$ 12,000, Inclusive in Up to HK$ 12,000, Inclusive in transaction fee (for in-kind only) aggregated value transacted transaction fee Unit Cancellation Fee HK$1 per board lot HK$1 per board lot HK$1 per board lot (for in-kind redemption only) Service Agent Fee HK$1,000 per each book-entry N/A (no in-cash) HK$1,000 per each book-entry deposit or (for in-cash only) deposit or withdrawal transaction withdrawal transaction Application Cancellation Fee HK$10,000 Did not disclose up to HK$10,000 Extension Fee HK$10,000 Did not disclose up to HK$10,000 Source: CSOP, State Street, Hang Seng Investment Management Limited. ^This is estimated number and for reference only

3. Managed by CSOP: Leading ETF Issuer in Hong Kong with a series of HSI ETPs

Among the top 10 most actively traded ETPs in Hong Kong in last three years, ETPs from CSOP took up large market shares. Most Actively Traded ETPs in HK (2020) Most Actively Traded ETPs in HK (2018-2019) Average Daily Average Daily Stock Stock Rank Name of ETF Turnover Rank Name of ETF Turnover Code Code (HKD mil) (HKD mil) 3 2822 CSOP FTSE China A50 ETF 704 CSOP Hang Seng Index Daily (-2x) CSOP Hang Seng Index Daily (-2x) Inverse 2 7500 928 6 7500 402 Inverse Product Product CSOP Hang Seng Index Daily (-1x) Inverse 5 2822 CSOP FTSE China A50 ETF 451 7 7300 164 Product CSOP Hang Seng Index Daily (2x) CSOP Hang Seng Index Daily (2x) Leveraged 6 7200 424 8 7200 115 Leveraged Product Product CSOP Hang Seng China Enterprises Index 10 7288 27 8 3033 CSOP Hang Seng TECH Index ETF 193 Daily (2x) Leveraged Product CSOP Hang Seng Index Product Series Source: Bloomberg