This iShares Paris-Aligned Climate Optimized MSCI World ex USA ETF aims to mirror the performance of an index that invests in large and mid-capitalization companies from developed markets outside the United States. The index is specifically engineered to meet the objectives of the Paris Agreement by collectively pursuing a trajectory of reduced carbon emissions, minimizing its susceptibility to climate-related physical and economic transition risks, and increasing its allocation to businesses poised for success in a low-carbon future.