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Vanguard ®

Vanguard USD Treasury Bond UCITS ETF

GBP Hedged Distributing - An exchange-traded fund Inception date: 08 February 2022

Total assets (million) £2,265 | Share class assets (million) £8 as at 30 September 2026

Key ETF facts Exchange ticker SEDOL Reuters Bloomberg Bloomberg iNav Valoren London Stock Exchange GBP VDTS BP0PQG7 VDTS.L VDTS LN IVDTSGBP —

Ongoing Charges Figure† e† 0.08 %

† The Ongoing Charges Figure (OCF) covers administration, audit, depository, legal, registration and regulatory expenses incurred in respect of the Fu nds. When you invest with any fund manager, you pay a number of charges, starting with the Annual Management Charge (AMC) which covers the fund manager’s costs of managing the fund. The AMC plus ongoing running costs and other operational expenses make up the fund’s total ’ongoing charges figure’. Objectives and investment policy • The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the pe rformance of the Bloomberg Global Aggregate US Treasury Float Adjusted Index (the “Index”). • The Fund invests in a representative sample of bonds included in the Index in order to closely match the Index’s capital and income return. • The Index measures the performance of a broad spread of US dollar denominated bonds paying a fixed rate of interest issued by the US government. • Bonds in the Index have maturities of greater than one year and are generally investment grade. • To a lesser extent the Fund may invest in similar types of government bonds outside the Index.

‡ Synthetic Risk and Reward Indicator This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.

Base currency Tax reporting SRRI ‡ Index ticker Investment structure Domicile USD Austria, Italy, Switzerland, UK 4 H21140GB UCITS Ireland

Legal entity Investment method ISIN Dividends Dividend schedule Investment manager Vanguard Funds plc Physical IE000S0PSP47 Distributed Monthly Vanguard Global Advisers, LLC

This is a marketing communication. Factsheet | 30 September 2026

Page 2

Vanguard USD Treasury Bond UCITS ETF

GBP Hedged Distributing - An exchange-traded fund

Performance summary GBP — Vanguard USD Treasury Bond UCITS ETF Benchmark — Bloomberg Global Aggregate U.S. Treasury Float Adjusted Index in GBP

Annualised performance** 1 month Quarter Year to date 1 year 3 years 5 years 10 years Since inception Fund (Net of expenses ) -2.29% -3.07% -2.77% -2.02% 2.80% — — -1.19% Benchmark -2.30% -3.07% -2.78% -1.91% 2.91% -1.56% -0.19% -1.06% **Figures for periods less than one year are cumulative returns. All other figures represent annual returns. Performance figures include the reinvest ment of all dividends and any capital gains distributions. The performance data does not take account of the commissions and costs incurred in the issue and redemption of shares. B asis of fund performance is NAV to NAV with gross income invested. Basis of index performance is total return. Performance and Data is calculated on closing NAV as at 30 September 2026. Past performance is not a reliable indicator of future results. Figures for periods of less than one year are cumulative returns. All other figures represent average annual returns. Performance figures include the reinvestment of all dividends and any capital gains distributions. The performance data does not take account of the commissions and costs incurred in the issue and redemption of s hares. Basis of fund performance is NAV to NAV. Basis of index performance is total return. All performance is calculated in GBP, net of fees.

Source: Vanguard

— — — — — —

01 Oct 2022 30 Sep 2023

01 Oct 2023 30 Sep 2024

01 Oct 2024 30 Sep 2025

01 Oct 2025 30 Sep 2026 Fund ( Net of expenses) — — — — — — -1.91% 9.04% 1.68% -2.02% Benchmark — — — — — — -1.80% 9.15% 1.80% -1.91%

Rolling 12-month performance

This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.

Key investment risks The value of bonds and fixed income-related securities is affected by influential factors such as interest rates, inflation, credit spreads and volati lity which, in turn, are driven by other factors including political, economic news, company earnings and significant corporate events. Currency hedging may not completely eliminate currency risk in the Fund, and may affect the performance of the Fund. Credit risk. The issuer of a financial asset held within the Fund may not pay income or repay capital to the Fund when due. Liquidity risk. Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily. Counterparty risk. The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or oth er instruments, may expose the Fund to financial loss. Index tracking risk. The Fund is not expected to track the performance of the Index at all times with perfect accuracy. The Fund is, however, expected to provide investment results that, before expenses, generally correspond to the price and yield performance of the Index. Index sampling risk. As the Fund uses an index sampling technique whereby a representative sample of securities are selected to represent the Index, t here is the risk that the securities selected for the Fund may not, in the aggregate, approximate the full Index. Bond risk. The Fund invests in bonds which may provide higher yields but as such may carry greater credit risk increasing the risk of defaults on repa yment and erosion of the capital value of your investment. The level of income may fluctuate and movements in interest rates are likely to affect the capital value of bonds. Please also read the risk factors section in the prospectus and the Key Investor Information Document, both of which are available on the Vanguard web site.

Page 3

Vanguard USD Treasury Bond UCITS ETF

GBP Hedged Distributing - An exchange-traded fund Data as at 30 September 2026 unless otherwise stated.

Characteristics Fund Benchmark Number of bonds 297 299 Yield to worst 5.12% 5.13% Average coupon 3.5% 3.5% Average maturity 7.5 years 7.5 years Average quality AA+ AA+ Average duration 5.5 years 5.5 years Cash investment* 0.2% — Turnover rate -7% — The PTR (Portfolio Turnover Rate) approach considers the total security purchases and sales, the total subscriptions and redemptions and the average net assets of the fund to calculate the turnover figure. Yield to Worst is based on the local currencies of the underlying holdings. As such, the actual yield received in the s hare class currency may differ from the yield to maturity stated. Data as at 30 September 2026. Market allocation United States 99.8 % Other 0.2

Distribution by credit maturity (% of fund)

Under 1 Year 0.2 % 1 - 5 Years 57.9 5 - 10 Years 21.5 10 - 15 Years 2.4 15 - 20 Years 7.0

20 - 25 Years 3.8 % Over 25 Years 7.2

Distribution by credit quality (% of fund)

AA 99.8 % Not Rated 0.2

Credit-quality ratings for each issue are obtained from Bloomberg using ratings derived from Moody’s Investors Service, Fitch Ratings and Standard & Poor’s. When ratings from all three agencies are available, the median rating is used. When ratings are available from two of the agencies, the lower rating i s used. When one rating is available, that rating is used.

Distribution by issuer (% of fund)

Treasury/federal 99.8 % Cash* 0.2

*The allocations are subject to circumstances such as timing differences between trade and settlement dates of underlying securities, that may result in negative weightings. The fund may also employ certain derivative instruments for cash management or risk management purposes that may also result in negative weightings. Allocations are subject to change. Cash includes physical cash on the account, cash like instruments (such as ultra-short term t reasury bonds) and derivative instruments.

Source: Vanguard

This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.

Glossary for ETF attributes The ETF attributes section on the first page contains a number of metrics that professional investors use to value individual securities against a mar ket or index average. These metrics can also be used to value and compare funds to the market by taking the average of all the securities held in the fund and comparing them to t hose of the fund’s benchmark index. We’ve provided a definition of the terms used for your convenience. Average coupon is the average interest rate paid on the fixed income securities held by a fund. It is expressed as a percentage of face value. Average maturity is the average length of time until fixed income securities held by a fund reach maturity and are repaid, taking into consideration the possibility t hat the issuer may call the bond before its maturity date. The figure reflects the proportion of fund assets represented by each security; it also reflects any futures c ontracts held. In general, the longer the average effective maturity, the more a fund’s share price will fluctuate in response to changes in market interest rates. Average quality is an indicator of credit risk. This figure is the average of the ratings assigned to a fund’s fixed income holdings by credit-rating agencies. Th e agencies make their judgment after appraising an issuer’s ability to meet its obligations. Quality is graded on a scale, with Aaa or AAA indicating the most creditwort hy bond issuers. Average duration is an estimate of how much the value of the bonds held by a fund will fluctuate in response to a change in interest rates. To see how the value could change, multiply the average duration by the change in rates. If interest rates rise by 1 percentage point, the value of the bonds in a fund with an average d uration of five years would decline by about 5%. If rates decrease by a percentage point, the value would rise by 5%. Yield to worst applies when the portfolio is invested into callable bonds. When it is not the case Yield to worst=Yield to maturity.

Page 4

Vanguard USD Treasury Bond UCITS ETF

GBP Hedged Distributing - An exchange-traded fund

E024EN_092026 Issued by Vanguard Asset Management, Limited which is authorised and regulated in the UK by the Financial Conduct Authority. © 2026 Vanguard Asset Management, Limited. All rights reserved.

For more information contact your local sales team or: Web: http://global.vanguard.com Client Services (Europe): Tel. +44 (0)203 753 4305 Email: european_client_services@vanguard.co.uk Non advised personal investor: Personal_investor_enquiries@vanguard.co.uk Important information This is a marketing communication.

This document is directed at professional investors and should not be distributed to, or relied upon by retail investors. For further information on the fund's investment policies and risks, please refer to the prospectus of the UCITS and to the KIID before making any fin al investment decisions. The KIID for this fund is available, alongside the prospectus via Vanguard’s website https://global.vanguard.com/. This document is designed for use by and is directed only at persons resident in the UK. The information contained herein is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any ju risdiction where such an offer or solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solic itation is not qualified to do so. The information in this document is general in nature and does not constitute legal, tax, or investment advice. Potential investors are urged to consult t heir professional advisers on the implications of making an investment in, holding or disposing of ''units/shares'', and the receipt of distribution from any investment. Vanguard Funds plc has been authorised by the Central Bank of Ireland as a UCITS and has been registered for public distribution in certain EEA countries and the UK. Prospective investors are referred to the Funds' prospectus for further information. Prospective investors are also urged to consult their own professional advise rs on the implications of making an investment in, and holding or disposing shares of the Funds and the receipt of distributions with respect to such shares under the law of the countrie s in which they are liable to taxation. The Manager of Vanguard Funds plc is Vanguard Group (Ireland) Limited. Vanguard Asset Management, Limited is a distributor of Vanguard Funds plc. The indicative Net Asset Value (''iNAV'') for Vanguard's ETFs is published on Bloomberg or Reuters. Refer to the Portfolio Holdings Policy at https://fund-docs.vanguard.com/portfolio-holdings-disclosure-policy.pdf The Manager of the Ireland-domiciled funds may determine to terminate any arrangements made for marketing the shares in one or more jurisdictions in a ccordance with the UCITS Directive, as may be amended from time to time. For investors in Ireland-domiciled funds, a summary of investor rights can be obtained via https://www.ie.vanguard/content/dam/intl/europe/documents/en/vanguard-investors-rights-summary-irish-funds-jan22.pdf and is available in English, Ge rman, French, Spanish, Dutch and Italian. The Central Bank of Ireland has granted authorisation for the Vanguard USD Treasury Bond UCITS ETF to invest up to 100% of net assets in different Tra nsferable Securities and Money Market Instruments issued or guaranteed by any EU Member State, its local authorities, non-EU Member States or public international bodies of wh ich one or more EU Member States are members. The Vanguard USD Treasury Bond UCITS ETF invests more than 35% of its scheme property in transferable securities and money market instruments issued or guaranteed by the US. BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”) (collectively, “Bloomberg”), or Bloomberg's licensors own all proprietary rights in the Bloomberg Indices. The products are not sponsored, endorsed, issued, sold or promoted by “Bloomberg.” Bloomberg makes no representation or warranty, express or imp lied, to the owners or purchasers of the products or any member of the public regarding the advisability of investing in securities generally or in the products particularly or the abi lity of the Bloomberg Indices to track general bond market performance. Bloomberg shall not pass on the legality or suitability of the products with respect to any person or entity. Bloombe rg’s only relationship to Vanguard and the products are the licensing of the Bloomberg Indices which are determined, composed and calculated by BISL without regard to Vanguard or the products or any owners or purchasers of the products. Bloomberg has no obligation to take the needs of the products or the owners of the products into consideration i n determining, composing or calculating the Bloomberg Indices. Bloomberg shall not be responsible for and has not participated in the determination of the timing of, prices at, o r quantities of the products to be issued. Bloomberg shall not have any obligation or liability in connection with the administration, marketing or trading of the products. SEDOL and SEDOL Masterfile® are registered trademarks of the London Stock Exchange Group PLC. SEDOL Data has been provided from the London Stock Exchange’s SEDOL Masterfile®.

Investment risk information The value of investments, and the income from them, may fall or rise and investors may get back less than they invested. Past performance is not a reliable indicator of future results. Funds investing in fixed interest securities carry the risk of default on repayment and erosion of the capital value of your investment and the level of income may fluctuate. Movements in interest rates are likely to affect the capital value of fixed interest securities. Corporate bonds may provide higher yields but as such may carry greater credit risk increasing the risk of default on repayment and erosion of the capital value of your investment. The level of income may fluctuate and movements in in terest rates are likely to affect the capital value of bonds. ETF shares can be bought or sold only through a broker. Investing in ETFs entails stockbroker commission and a bid- offer spread which should be consi dered fully before investing. The Funds may use derivatives in order to reduce risk or cost and/or generate extra income or growth. The use of derivatives could increase or reduce exposure to underlying assets and result in greater fluctuations of the Fund’s net asset value. A derivative is a financial contract whose value is based on the value of a financial asset (such as a share, bond, or currency) or a market index. Some funds invest in securities which are denominated in different currencies. Movements in currency exchange rates can affect the return of investmen ts. For further information on risks please see the “Risk Factors” section of the prospectus on our website at https://global.vanguard.com.

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        "text": "-1.19%"
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        "text": "-3.07%"
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        "text": "-2.78%"
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        "text": "-1.91%"
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        "text": "-1.56%"
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        "text": "-0.19%"
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        "text": "-1.06%"
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        "id": "fdfb8012-292d-4b66-9156-255ce434c361",
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        "text": "**Figures for periods less than one year are cumulative returns. All other figures represent annual returns. Performance figures include the reinvest"
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        "id": "174edf84-f1b1-4c2f-b787-d946b0c1ab82",
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        "text": "ment of all dividends and any"
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        "id": "63b0e8c6-501d-47b1-a36b-081ea8a15c54",
        "page_number": 2,
        "text": "capital gains distributions. The performance data does not take account of the commissions and costs incurred in the issue and redemption of shares. B"
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        "id": "51b757ee-e624-4606-97b2-d8955d5ebab2",
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        "text": "asis of fund performance is"
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        "id": "e44cdfb3-8128-4184-9be0-be919fc43087",
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        "text": "NAV to NAV with gross income invested. Basis of index performance is total return."
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        "id": "5fbaab50-8f7f-4a36-aa71-31c75faa066a",
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        "text": "Performance and Data is calculated on closing NAV as at 30 September 2026."
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        "text": "Past performance is not a reliable indicator of future results."
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        "page_number": 2,
        "text": "Figures for periods of less than one year are cumulative returns. All other figures represent average annual returns. Performance figures include the"
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        "id": "273ccf72-c657-44bb-acb7-a33be4343bc8",
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        "text": "reinvestment of all dividends"
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        "id": "e47bbd96-7792-40af-922d-bb5fb53875e6",
        "page_number": 2,
        "text": "and any capital gains distributions. The performance data does not take account of the commissions and costs incurred in the issue and redemption of s"
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        "id": "dc2451b7-f686-4ca5-a971-942fc9008bb3",
        "page_number": 2,
        "text": "hares. Basis of fund"
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        "id": "f164d73f-7792-4fe9-a754-c39438c5d521",
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        "text": "performance is NAV to NAV. Basis of index performance is total return. All performance is calculated in GBP, net of fees."
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        "text": "Source: Vanguard"
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