{"annotation_id":"1eb92456-6276-4941-acfa-536567ca2bb0","file_hash":"8dad14dc40e338fd84ced9734d3a6d6e0a4c7ff9f1508604e7fd5ec8d240ba7f","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"ea1a138a-01fd-4500-868c-b41a95b9bf3e","block_type":"box","text":"iShares, Inc.","page_number":1,"box":{"x":454,"y":69,"width":95,"height":12}},{"id":"3f181f16-5722-4775-b130-f153ddc5a770","block_type":"box","text":"Supplement dated October 23, 2026","page_number":1,"box":{"x":367,"y":92,"width":269,"height":13}},{"id":"0dbf29dd-93ca-4582-9239-c9ee261ee326","block_type":"box","text":"to the currently effective Summary Prospectus, Prospectus, and","page_number":1,"box":{"x":268,"y":108,"width":467,"height":13}},{"id":"b9b3b344-2ebb-49b6-b97b-33698fda8314","block_type":"box","text":"Statement of Additional Information (the “SAI”) for the","page_number":1,"box":{"x":300,"y":123,"width":403,"height":13}},{"id":"c6d6f409-e93c-43b4-b6aa-1e4a79cdab11","block_type":"box","text":"iShares MSCI South Korea ETF (EWY) (the “Fund”)","page_number":1,"box":{"x":317,"y":139,"width":370,"height":13}},{"id":"6afde5ad-d174-4644-8deb-c38a55e41b01","block_type":"box","text":"The Board of Directors has approved the following changes for the Fund that are expected to take effect","page_number":1,"box":{"x":116,"y":162,"width":760,"height":13}},{"id":"d1d3c64c-2ad3-4efa-9d6a-2ba9da293a54","block_type":"box","text":"on or around November 9, 2026:","page_number":1,"box":{"x":116,"y":178,"width":242,"height":11}},{"id":"878a6e1d-751f-46b1-94af-f8822c0b7d07","block_type":"box","text":"1. The Fund’s Underlying Index will change as described in the table below. All references to the","page_number":1,"box":{"x":118,"y":201,"width":712,"height":13}},{"id":"40fb4d90-e51c-4f95-ac48-e1d144dc79d9","block_type":"box","text":"Underlying Index for the Fund will refer to the new Underlying Index.","page_number":1,"box":{"x":151,"y":216,"width":499,"height":13}},{"id":"accc2750-d429-459c-bc10-ffd39918a151","block_type":"box","text":"Current Underlying Index New Underlying Index","page_number":1,"box":{"x":236,"y":237,"width":552,"height":13}},{"id":"5c51677f-eb36-4991-a9c5-5d882d34e710","block_type":"box","text":"MSCI Korea 25/50 Index MSCI Korea 25/50 Daily 25 Capped Index","page_number":1,"box":{"x":244,"y":258,"width":611,"height":12}},{"id":"89697ac8-5adf-4941-9fe7-11e2dcce628f","block_type":"box","text":"2. The Principal Investment Strategies section of the Summary Prospectus and Prospectus for the Fund","page_number":1,"box":{"x":117,"y":289,"width":767,"height":12}},{"id":"8d84bc13-d3b0-4385-bfef-5d8c3d03b531","block_type":"box","text":"will be deleted and replaced with the following:","page_number":1,"box":{"x":149,"y":304,"width":346,"height":13}},{"id":"2a5664de-2d0b-46d1-8213-f4b346be840a","block_type":"box","text":"The Fund seeks to track the investment results of the MSCI Korea 25/50 Daily 25 Capped Index (the","page_number":1,"box":{"x":149,"y":328,"width":730,"height":12}},{"id":"a41302dc-fc2f-448b-b7b9-91a1baa8f437","block_type":"box","text":"“Underlying Index”), which is a free float-adjusted market capitalization-weighted index that is","page_number":1,"box":{"x":150,"y":343,"width":689,"height":13}},{"id":"ff420f14-dafb-4bb9-9f00-3a0adb6bfb2c","block_type":"box","text":"designed to measure the performance of the large- and mid-capitalization segments of the equity","page_number":1,"box":{"x":150,"y":359,"width":712,"height":12}},{"id":"035b4c27-cb28-4355-99c1-f6ee9a23d558","block_type":"box","text":"market in Korea. The Underlying Index is rebalanced quarterly using an optimization process that","page_number":1,"box":{"x":151,"y":374,"width":706,"height":13}},{"id":"51d39d7f-b6f4-4f74-9773-083e99224205","block_type":"box","text":"aims to minimize the constituent weight differences between the Underlying Index and the MSCI","page_number":1,"box":{"x":150,"y":390,"width":705,"height":12}},{"id":"a2245a6e-e219-4f0e-b2a7-14376fe137e8","block_type":"box","text":"Korea Index. The Underlying Index uses a capping methodology that limits the weight of any single","page_number":1,"box":{"x":151,"y":405,"width":720,"height":13}},{"id":"d80f9d03-f135-4293-8fd1-e8436c2ee701","block_type":"box","text":"“group entity” (constituents that MSCI determines have a control relationship) to a maximum of","page_number":1,"box":{"x":150,"y":421,"width":703,"height":12}},{"id":"7d1a66ce-6f67-462a-8335-d37562529e56","block_type":"box","text":"25% of the Underlying Index weight, and the sum of all group entities with a weight above 5% to an","page_number":1,"box":{"x":150,"y":436,"width":729,"height":13}},{"id":"2a79bc0e-69d5-477a-955a-99c9b86c4e33","block_type":"box","text":"aggregate of 50% of the Underlying Index weight. In addition, if a group entity exceeds 25% of the","page_number":1,"box":{"x":150,"y":452,"width":718,"height":12}},{"id":"3054c152-e8e4-4c35-9a00-7baed7b46355","block_type":"box","text":"Underlying Index weight as of the close of any business day between quarterly rebalances, the","page_number":1,"box":{"x":151,"y":467,"width":685,"height":13}},{"id":"5f1afdbd-08bc-4ef1-91ea-c423305e9b33","block_type":"box","text":"Underlying Index is rebalanced so that each group entity is reduced to 22.5% of the Underlying","page_number":1,"box":{"x":151,"y":483,"width":691,"height":12}},{"id":"fc0bb1d3-c111-45a9-b28a-3cc55d454693","block_type":"box","text":"Index. A group entity is a group of companies that operate as an affiliated corporate group but may","page_number":1,"box":{"x":151,"y":498,"width":723,"height":13}},{"id":"598c69e6-2a97-4f27-a768-e75996d9280d","block_type":"box","text":"separately issue listed securities. To determine “group entities,” MSCI analyzes financial accounts of","page_number":1,"box":{"x":150,"y":514,"width":727,"height":12}},{"id":"7871ed1c-fc5b-475b-9a43-079f42e09fdf","block_type":"box","text":"listed companies holding stakes of 20% or more in other listed companies to determine whether","page_number":1,"box":{"x":151,"y":529,"width":703,"height":13}},{"id":"2c269ac1-e3a9-409b-89f2-54c43c8514e2","block_type":"box","text":"these stakes are controlling in nature. In certain cases, even in the absence of consolidated accounts,","page_number":1,"box":{"x":149,"y":545,"width":737,"height":12}},{"id":"7d9bd7b4-6554-4859-881d-2855579365a5","block_type":"box","text":"MSCI may also consider two companies as belonging to the same group entity where there is","page_number":1,"box":{"x":150,"y":560,"width":681,"height":13}},{"id":"8907f86e-fea1-458a-b8ae-d5e8c3ca8992","block_type":"box","text":"reasonable evidence of control based on other information. All group entities are reviewed on an","page_number":1,"box":{"x":151,"y":576,"width":703,"height":12}},{"id":"b2798b8b-8375-4e6f-a07d-a6c61cb9c3ab","block_type":"box","text":"annual basis.","page_number":1,"box":{"x":150,"y":591,"width":98,"height":10}},{"id":"c1886d40-f216-4c9c-81d8-cb5e9eef7f31","block_type":"box","text":"As of September 30, 2026, the Underlying Index had approximately 74 constituents, and a significant","page_number":1,"box":{"x":150,"y":614,"width":737,"height":13}},{"id":"a7ef8e93-8136-48ff-96b2-34fce6dbc9eb","block_type":"box","text":"portion of the Underlying Index was represented by securities of companies in the industrials and","page_number":1,"box":{"x":150,"y":630,"width":708,"height":13}},{"id":"06788a42-46ed-4fcb-9965-750eebea1507","block_type":"box","text":"technology industries or sectors. The components of the Underlying Index are likely to change over","page_number":1,"box":{"x":149,"y":645,"width":724,"height":13}},{"id":"3aec20a2-d8f7-4658-9bee-8c1c111946a1","block_type":"box","text":"time.","page_number":1,"box":{"x":149,"y":662,"width":36,"height":9}},{"id":"e2196449-0d62-41ce-8ca6-13a14cb62312","block_type":"box","text":"The Fund seeks to track the investment results of the Underlying Index before fees and expenses of","page_number":1,"box":{"x":149,"y":684,"width":721,"height":13}},{"id":"e4b1acb2-ba67-4104-89fb-1db967aff26e","block_type":"box","text":"the Fund. BFA uses a representative sampling indexing strategy to manage the Fund.","page_number":1,"box":{"x":149,"y":700,"width":615,"height":12}},{"id":"a66d0c32-48ce-4f83-9d1e-ebb775e35962","block_type":"box","text":"“Representative sampling” is an indexing strategy that involves investing in a representative sample","page_number":1,"box":{"x":150,"y":715,"width":721,"height":13}},{"id":"d4a6e98b-2efa-4170-a7ed-b6529575f526","block_type":"box","text":"of securities or other instruments intended to collectively have an investment profile similar to that","page_number":1,"box":{"x":150,"y":731,"width":715,"height":12}},{"id":"af229cd7-f9f5-4c70-a7a8-5049f7ccff2f","block_type":"box","text":"of an applicable underlying index. The instruments selected are expected to have, in the aggregate,","page_number":1,"box":{"x":150,"y":746,"width":716,"height":13}},{"id":"79dc422b-6b33-4074-a723-fccd435fc3ee","block_type":"box","text":"investment characteristics (based on factors such as market capitalization and industry weightings),","page_number":1,"box":{"x":150,"y":762,"width":726,"height":12}},{"id":"350277bd-75b6-49c1-9f6f-7b8aded00db2","block_type":"box","text":"fundamental characteristics (such as return variability and yield) and liquidity measures similar to","page_number":1,"box":{"x":150,"y":777,"width":705,"height":13}},{"id":"09f88db5-d407-4f0f-998a-954ed28c5a53","block_type":"box","text":"those of an applicable underlying index. The Fund may or may not hold all of the components of the","page_number":1,"box":{"x":149,"y":793,"width":727,"height":12}},{"id":"a0443939-0920-4259-b015-503f2847a7cf","block_type":"box","text":"Underlying Index. The Fund may use derivatives to gain or reduce exposure to the components of","page_number":1,"box":{"x":151,"y":808,"width":707,"height":13}},{"id":"1be0b864-3fcb-408f-baa3-d1aa0ae92f09","block_type":"box","text":"the Underlying Index or exposure to one or more market risk factors associated with such","page_number":1,"box":{"x":149,"y":824,"width":650,"height":12}},{"id":"49465291-2e5b-4821-a454-00ed63ca5075","block_type":"box","text":"components. Subject to the limits described herein, the Fund may purchase and hold cash and cash","page_number":1,"box":{"x":150,"y":839,"width":727,"height":13}},{"id":"e5acb486-fb62-45c1-8528-e7e146f8d23e","block_type":"box","text":"equivalents, including shares of money market funds advised by BFA or its affiliates, and may also","page_number":1,"box":{"x":150,"y":855,"width":712,"height":12}},{"id":"a7d6af04-77e4-42b4-9f7e-4facf224be2d","block_type":"box","text":"purchase and hold instruments not included in the Underlying Index when BFA believes that such","page_number":1,"box":{"x":150,"y":870,"width":710,"height":13}},{"id":"fb9bac8a-e0c3-4f5e-87e7-57eb014fb4fe","block_type":"box","text":"instruments will help the Fund track the performance of the Underlying Index over time, including in","page_number":1,"box":{"x":150,"y":886,"width":730,"height":12}},{"id":"5ab479f2-7543-4a6c-9faa-728d92a281dc","block_type":"box","text":"light of expected liquidity or trading costs, anticipated additions to or deletions from the Underlying","page_number":1,"box":{"x":151,"y":901,"width":724,"height":13}},{"id":"4270e451-a138-4113-9ba8-c6e4954da293","block_type":"box","text":"Index, or other reasons as determined by BFA.","page_number":1,"box":{"x":151,"y":917,"width":332,"height":12}},{"id":"9c7a58dc-61cb-4a1f-918d-f37ef4db446e","block_type":"box","text":"In accordance with Rule 35d-1 under the Investment Company Act of 1940, as amended (the “1940","page_number":2,"box":{"x":151,"y":69,"width":729,"height":13}},{"id":"850095e5-87a9-4b4d-a9e2-6c5e4b67dca1","block_type":"box","text":"Act”), under normal circumstances, the Fund will not invest less than 80% of the value of its net","page_number":2,"box":{"x":150,"y":85,"width":700,"height":12}},{"id":"03dcbb66-5e41-4f24-bccb-fdcde836dd07","block_type":"box","text":"assets, plus the amount of any borrowings for investment purposes, in components of its Underlying","page_number":2,"box":{"x":150,"y":100,"width":735,"height":13}},{"id":"07aa91bb-2b6a-4505-bc3b-10d8b3d5a414","block_type":"box","text":"Index. Investments in derivatives and other investments will be counted toward the Fund’s 80%","page_number":2,"box":{"x":151,"y":116,"width":696,"height":10}},{"id":"b668493e-4c9a-4850-b282-13a879ea076e","block_type":"box","text":"investment policy to the extent that they provide exposure to the components of its Underlying","page_number":2,"box":{"x":150,"y":131,"width":694,"height":13}},{"id":"aee060cc-b77e-49aa-ae4d-6dd2f74b011a","block_type":"box","text":"Index or exposure to one or more market risk factors associated with such components. The Fund’s","page_number":2,"box":{"x":151,"y":147,"width":727,"height":12}},{"id":"51ac80c4-3f33-4407-8827-1d1d3d910ded","block_type":"box","text":"80% investment policy may be changed by the Company’s Board of Directors (the “Board”) upon 60","page_number":2,"box":{"x":150,"y":162,"width":733,"height":13}},{"id":"e6a8a5ee-aa9b-43ba-8817-1fff565227fc","block_type":"box","text":"days’ notice to shareholders.","page_number":2,"box":{"x":150,"y":178,"width":211,"height":12}},{"id":"110e2532-16ae-4b8c-b0b1-655357682307","block_type":"box","text":"The Fund may not purchase a security (other than obligations of the U.S. government, its agencies or","page_number":2,"box":{"x":149,"y":201,"width":738,"height":13}},{"id":"0febd665-de9c-4525-9c11-47febb07d794","block_type":"box","text":"instrumentalities) if as a result 25% or more of its total assets would be invested in a single issuer.","page_number":2,"box":{"x":150,"y":216,"width":713,"height":13}},{"id":"a0998ea0-b5ac-4ca9-8d90-8fe43caa5caf","block_type":"box","text":"The Fund may lend securities representing up to one-third of the value of the Fund’s total assets","page_number":2,"box":{"x":149,"y":240,"width":703,"height":12}},{"id":"52b13f86-8c6d-4afb-a941-1800fe96f5b8","block_type":"box","text":"(including the value of any collateral received).","page_number":2,"box":{"x":151,"y":255,"width":341,"height":13}},{"id":"c81fca7d-7a4f-44b5-ac06-1cddfa30cf5b","block_type":"box","text":"The Underlying Index is sponsored by MSCI Inc. (the “Index Provider” or “MSCI”), which is","page_number":2,"box":{"x":149,"y":278,"width":658,"height":13}},{"id":"9ee8f9fb-9946-4bb4-8ab9-46005abfc966","block_type":"box","text":"independent of the Fund and BFA. The Index Provider determines the composition and relative","page_number":2,"box":{"x":150,"y":294,"width":690,"height":13}},{"id":"ccd4d6a8-ea33-4a56-8847-635b7ceee4c2","block_type":"box","text":"weightings of the securities in the Underlying Index and publishes information regarding the market","page_number":2,"box":{"x":149,"y":309,"width":729,"height":13}},{"id":"59defb87-57be-4ba2-a538-7073b8ff5683","block_type":"box","text":"value of the Underlying Index.","page_number":2,"box":{"x":149,"y":325,"width":221,"height":13}},{"id":"6a02019f-db8f-4575-9278-9ad9d7d52f49","block_type":"box","text":"Industry Concentration Policy.","page_number":2,"box":{"x":151,"y":348,"width":229,"height":13}},{"id":"25571bd2-5724-4c88-8026-de05ba6da5fd","block_type":"box","text":"With respect to the two most heavily weighted industries or groups","page_number":2,"box":{"x":381,"y":348,"width":498,"height":13}},{"id":"afc88dbf-3cfb-4d70-bf0d-f3519f200e2f","block_type":"box","text":"of industries in its benchmark MSCI Index, the Fund will invest in securities (consistent with its","page_number":2,"box":{"x":150,"y":364,"width":688,"height":12}},{"id":"7cf911a5-0aa1-4567-bc7e-53312bc4640a","block_type":"box","text":"investment objective and other investment policies) so that the weighting of each such industry or","page_number":2,"box":{"x":150,"y":379,"width":718,"height":13}},{"id":"aea5b2ae-cae5-4933-a1d4-da2c0fcd1d51","block_type":"box","text":"group of industries in the Fund does not diverge by more than 10% from the respective weighting of","page_number":2,"box":{"x":150,"y":395,"width":733,"height":12}},{"id":"897a519c-f865-45c6-b78d-53665d61cecb","block_type":"box","text":"such industry or group of industries in its benchmark MSCI Index. An exception to this policy is that","page_number":2,"box":{"x":150,"y":410,"width":726,"height":13}},{"id":"e6538714-d336-43e4-be83-f4725f465bfe","block_type":"box","text":"if investment in the stock of a single issuer would account for more than 25% of the Fund, the Fund","page_number":2,"box":{"x":150,"y":426,"width":728,"height":12}},{"id":"ee9514df-b9b2-4503-bda5-5a20efe882a2","block_type":"box","text":"will invest less than 25% of its net assets in such stock and will reallocate the excess to stock(s) in","page_number":2,"box":{"x":149,"y":441,"width":716,"height":13}},{"id":"fa7e789a-c5b3-404e-8fe1-bff4bd082d38","block_type":"box","text":"the same industry or group of industries, and/or to stock(s) in another industry or group of","page_number":2,"box":{"x":149,"y":457,"width":666,"height":12}},{"id":"673d3988-cd4f-41d0-be29-56453db18523","block_type":"box","text":"industries, in its benchmark MSCI Index. The Fund will evaluate these industry weightings at least","page_number":2,"box":{"x":150,"y":472,"width":710,"height":13}},{"id":"0ffff881-6d61-488d-85b2-7809631b3d96","block_type":"box","text":"weekly, and at the time of evaluation will adjust its portfolio composition to the extent necessary to","page_number":2,"box":{"x":149,"y":488,"width":724,"height":12}},{"id":"1e5046cd-727c-47ed-9e02-f203dc87e8ba","block_type":"box","text":"maintain compliance with the above policy. The Fund may not concentrate its investments except as","page_number":2,"box":{"x":151,"y":503,"width":734,"height":13}},{"id":"53695f93-0818-4267-8737-3d7939689b62","block_type":"box","text":"discussed above.","page_number":2,"box":{"x":150,"y":519,"width":127,"height":10}},{"id":"d8f35ca6-20be-4e2c-8d12-4efdc4b9b722","block_type":"box","text":"3. In the SAI, the index description for the MSCI Korea 25/50 Index will be deleted and replaced with","page_number":2,"box":{"x":116,"y":542,"width":746,"height":13}},{"id":"741f8316-5c05-48ed-b669-d1ce9af7a167","block_type":"box","text":"the following:","page_number":2,"box":{"x":149,"y":557,"width":104,"height":13}},{"id":"797b99eb-abd8-420b-8277-7e24d4a75685","block_type":"box","text":"MSCI Korea 25/50 Daily 25 Capped Index","page_number":2,"box":{"x":150,"y":581,"width":318,"height":12}},{"id":"0ae0bb09-14e3-4008-97a6-6082bd299c17","block_type":"box","text":"Index Description.","page_number":2,"box":{"x":151,"y":604,"width":138,"height":13}},{"id":"dc27a342-26ae-4124-89f3-af4a50bf641c","block_type":"box","text":"The MSCI Korea 25/50 Daily 25 Capped Index is a free float-adjusted market","page_number":2,"box":{"x":289,"y":604,"width":565,"height":13}},{"id":"db093d4c-fe14-4826-b58e-b9ebabc8719b","block_type":"box","text":"capitalization-weighted index that is designed to measure the performance of the large- and","page_number":2,"box":{"x":150,"y":620,"width":673,"height":12}},{"id":"3062d76d-2937-4cf5-a059-051633a6388b","block_type":"box","text":"mid-capitalization segments of the Korean equity market. The Underlying Index is rebalanced","page_number":2,"box":{"x":151,"y":635,"width":678,"height":13}},{"id":"c470854f-b279-49ff-9634-6532d5c26c9d","block_type":"box","text":"quarterly using an optimization process that aims to minimize the constituent weight differences","page_number":2,"box":{"x":150,"y":651,"width":705,"height":12}},{"id":"89fddfd7-10d3-4a09-a79d-114fdead9adf","block_type":"box","text":"between the Underlying Index and the MSCI Korea Index. The Underlying Index uses a capping","page_number":2,"box":{"x":151,"y":666,"width":683,"height":13}},{"id":"df4dfabb-e3d6-4bdd-ad19-5afd62dccd38","block_type":"box","text":"methodology that limits the weight of any single “group entity” (constituents that MSCI determines","page_number":2,"box":{"x":151,"y":682,"width":720,"height":12}},{"id":"611eb913-f9f7-494a-bba2-355903af9d28","block_type":"box","text":"have a control relationship) to a maximum of 25% of the Underlying Index weight, and the sum of all","page_number":2,"box":{"x":151,"y":697,"width":730,"height":13}},{"id":"127a97dc-cb3e-4fa9-82ac-102ec520d5f9","block_type":"box","text":"group entities with a weight above 5% to an aggregate of 50% of the Underlying Index weight. In","page_number":2,"box":{"x":150,"y":713,"width":704,"height":12}},{"id":"3935addf-1fe2-49ce-87e4-fe2a967246bb","block_type":"box","text":"addition, if a group entity exceeds 25% of the Underlying Index weight as of the close of any","page_number":2,"box":{"x":150,"y":728,"width":668,"height":13}},{"id":"b945734b-5262-4065-89be-0f9b2d756a1d","block_type":"box","text":"business day between quarterly rebalances, the Underlying Index is rebalanced so that each group","page_number":2,"box":{"x":151,"y":744,"width":710,"height":12}},{"id":"8d1a1e06-9cf3-4a47-8cf7-5c657c5893c6","block_type":"box","text":"entity is reduced to 22.5% of the Underlying Index. A group entity is a group of companies that","page_number":2,"box":{"x":150,"y":759,"width":688,"height":13}},{"id":"b8bd1926-6b02-4713-83ad-5f6a9ac979be","block_type":"box","text":"operate as an affiliated corporate group but may separately issue listed securities. 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