open/document-extraction

Added by Kamaji | Added: 2026-10-26 22:14 | Views: 2 | Model: dorsalhub/pdf-extractor

This view of the annotation often reflects the precision of the extraction model or annotator, as well as the complexity of the document.

AUGUST 31, 2026

2026 Annual Financial Statements and

Additional Information

iShares, Inc.

• iShares MSCI Agriculture Producers ETF | VEGI | NYSE Arca • iShares MSCI Global Gold Miners ETF | RING | NASDAQ

• iShares MSCI Global Metals & Mining Producers ETF | PICK | Cboe BZX Exchange

• iShares MSCI Global Silver and Metals Miners ETF | SLVP | Cboe BZX Exchange

NM1026U-6054732-1/44

Page 2

Page

Table of Contents

Schedules of Investments ................................................................................................. 3 Statements of Assets and Liabilities ........................................................................................... 18 Statements of Operations ................................................................................................. 19 Statements of Changes in Net Assets .......................................................................................... 20 Financial Highlights ..................................................................................................... 22 Notes to Financial Statements ............................................................................................... 26 Report of Independent Registered Public Accounting Firm .............................................................................. 36 Important Tax Information ................................................................................................. 37 Additional Information ................................................................................................... 38 Board Review and Approval of Investment Advisory Contract ........................................................................... 40 Glossary of Terms Used in these Financial Statements ................................................................................ 43

NM1026U-6054732-2/44

Page 3

iShares ® Schedule of Investments ® MSCI Agriculture Producers ETF

August 31, 2026 (Percentages shown are based on Net Assets)

S c h e d u l e o f I n v e s t m e n t s 3

Security Shares Value a Common Stocks

Australia — 0 .6 % Cobram Estate Olives Ltd. ................... 96,783 $ 200,435 Elders Ltd. ............................. 53,768 231,517 GrainCorp Ltd. , Class A .................... 61,918 274,005 Nufarm Ltd. (a) ........................... 90,288 204,836 910,793 a Brazil — 0 .3 % Sao Martinho SA ......................... 41,580 158,487 SLC Agricola SA ......................... 55,571 172,347 Tres Tentos Agroindustrial SA ................ 31,219 69,348 400,182 a Canada — 6 .8 % Maple Leaf Foods, Inc. ..................... 20,889 400,311 Nutrien Ltd. ............................. 133,838 10,095,187 Rogers Sugar, Inc. (b) ....................... 31,285 153,045 10,648,543 a China — 2 .4 % China BlueChemical Ltd. , Class H ............. 456,000 112,912 China Modern Dairy Holdings Ltd. (a) (b) ........... 828,000 154,115 China XLX Fertiliser Ltd. .................... 163,000 231,729 China Youran Dairy Group Ltd. (a) (c) ............. 470,000 243,183 COFCO Joycome Foods Ltd. (a) (b) ............... 758,000 102,936 Dekon Food And Agriculture Group , Class H (a) ..... 14,000 96,716 First Tractor Co. Ltd. , Class H ................ 114,000 138,760 Henan Shuanghui Investment & Development Co. Ltd. , Class A .............................. 53,100 190,168 Inner Mongolia Yili Industrial Group Co. Ltd. , Class A . 105,700 416,781 Muyuan Foods Group Co. Ltd. , Class A .......... 91,766 577,926 New Hope Liuhe Co. Ltd. , Class A (a) ............ 72,700 76,811 Qinghai Salt Lake Industry Co. Ltd. , Class A (a) ...... 88,700 371,450 Shandong Hualu Hengsheng Chemical Co. Ltd. , Class A .................................. 45,770 146,052 Sinofert Holdings Ltd. ...................... 832,000 142,430 Wens Foodstuff Group Co. Ltd. , Class A ......... 111,720 237,302 Yunnan Yuntianhua Co. Ltd. , Class A ........... 30,800 144,021 Zangge Mining Co. Ltd. , Class A ............... 26,500 308,306 3,691,598 a Egypt — 0 .1 % Abou Kir Fertilizers & Chemical Industries ........ 79,162 126,260 a Germany — 0 .8 % K+S AG , Registered ....................... 44,942 861,559 KWS Saat SE & Co. KGaA .................. 2,762 251,523 Suedzucker AG (a) ......................... 14,220 210,845 1,323,927 a Hong Kong — 1 .3 % WH Group Ltd. (c) ......................... 2,146,500 2,026,208 a India — 3 .6 % Balrampur Chini Mills Ltd. ................... 30,941 225,439 Bayer CropScience Ltd. .................... 3,132 130,667 Chambal Fertilisers and Chemicals Ltd. .......... 41,848 179,744 Coromandel International Ltd. ................ 32,902 658,390 Deepak Fertilisers & Petrochemicals Corp. Ltd. ..... 17,625 260,243 EID Parry India Ltd. (a) ...................... 24,773 207,851 Escorts Kubota Ltd. ....................... 8,578 269,614 Godrej Agrovet Ltd. (c) ...................... 14,733 95,115 Gujarat State Fertilizers & Chemicals Ltd. ........ 59,742 99,117 Paradeep Phosphates Ltd. (a) (c) ................ 115,667 194,040 PI Industries Ltd. ......................... 19,012 473,031

Security Shares Value a India (continued) Sumitomo Chemical India Ltd. ................ 31,812 $ 172,789 Tata Consumer Products Ltd. ................. 151,762 1,652,190 Triveni Engineering & Industries Ltd. ............ 19,719 61,193 Triveni Power Transmission Ltd. (a) .............. 6,672 38,181 UPL Ltd. ............................... 141,220 833,095 5,550,699 a Indonesia — 0 .3 % Charoen Pokphand Indonesia Tbk PT ........... 1,713,500 288,311 Inti Agri Resources Tbk PT (a) (d) ................ 2,230,700 — Japfa Comfeed Indonesia Tbk PT .............. 1,062,000 131,857 420,168 a Ireland — 0 .2 % Dole PLC .............................. 21,207 293,717 a Israel — 0 .9 % ICL Group Ltd. ........................... 197,930 1,129,236 Israel Corp. Ltd. (b) ......................... 10,570 297,468 1,426,704 a Italy — 1 .9 % CNH Industrial N.V. ....................... 255,801 3,026,126 a Japan — 4 .2 % Kubota Corp. ........................... 254,000 4,634,220 Kumiai Chemical Industry Co. Ltd. ............. 19,900 96,896 Mitsui DM Sugar Co. Ltd. ................... 4,100 93,993 NH Foods Ltd. ........................... 22,500 887,067 Prima Meat Packers Ltd. .................... 6,600 101,293 Sakata Seed Corp. ........................ 7,400 201,241 Umios Corp. ............................ 33,900 274,699 YAMABIKO Corp. ........................ 8,300 228,175 6,517,584 a Malaysia — 2 .2 % Farm Fresh Bhd ......................... 291,400 147,518 Genting Plantations Bhd .................... 72,700 104,118 Hextar Global Bhd (b) ....................... 356,986 70,936 IOI Corp. Bhd ........................... 657,200 763,734 Johor Plantations Group Bhd ................. 278,600 132,864 Kuala Lumpur Kepong Bhd .................. 131,600 718,306 QL Resources Bhd ........................ 432,360 411,302 SD Guthrie Bhd (b) ......................... 674,900 1,066,161 3,414,939 a Netherlands — 0 .1 % OCI N.V. (a) ............................. 17,679 83,568 a Norway — 4 .6 % Austevoll Seafood ASA ..................... 22,586 214,408 Bakkafrost P/F .......................... 14,075 685,512 Leroy Seafood Group ASA ................... 74,675 362,746 Mowi ASA .............................. 121,289 2,664,065 Salmar ASA ............................ 18,903 1,151,123 Yara International ASA ..................... 44,388 2,175,631 7,253,485 a Qatar — 0 .1 % Baladna (a) .............................. 260,238 89,881 a Russia — 0 .0 % PhosAgro PJSC , GDR (a) (d) ................... 136 1 PhosAgro PJSC , GDR (a) (d) (e) .................. 2 —

NM1026U-6054732-3/44

Page 4

Schedule of Investments (continued) August 31, 2026

iShares ® ® MSCI Agriculture Producers ETF (Percentages shown are based on Net Assets)

4 2026 i S h a r e s A n n u a l F i n a n c i a l S t a t e m e n t s a n d NM1 A 26 d d i t i o n a l U-6054732-4 I 4 n 4 f o r m a t i o n

Security Shares Value a Russia (continued) Ros Agro PLC , GDR (a) (d) (e) ................... 5,334 $ 1 2 a Saudi Arabia — 2 .6 % Almarai Co. JSC ......................... 125,467 1,637,427 National Agriculture Development Co. (The) (a) ...... 41,063 167,332 SABIC Agri-Nutrients Co. ................... 65,036 2,262,510 4,067,269 a Singapore — 1 .5 % Bumitama Agri Ltd. ........................ 80,900 140,657 First Resources Ltd. ....................... 121,600 437,190 Golden Agri-Resources Ltd. .................. 1,788,300 443,171 Wilmar International Ltd. .................... 446,300 1,344,068 2,365,086 a South Korea — 0 .1 % Dongwon Industries Co. Ltd. ................. 2,583 72,499 Harim Holdings Co. Ltd. .................... 10,921 86,055 Hyundai Feed, Inc. (a) (d) ..................... 20,538 6,712 165,266 a Sweden — 0 .3 % Husqvarna AB , Class B ..................... 94,441 375,298 Scandi Standard AB ....................... 5,984 89,878 465,176 a Taiwan — 0 .2 % Charoen Pokphand Enterprise ................ 46,800 158,551 Taiwan Fertilizer Co. Ltd. .................... 167,000 234,533 393,084 a Thailand — 0 .6 % Betagro PCL , NVDR ....................... 180,600 111,570 Charoen Pokphand Foods PCL , NVDR .......... 976,800 694,292 Thaifoods Group PCL , NVDR (b) ............... 380,700 114,641 920,503 a Turkey — 0 .2 % Gubre Fabrikalari TAS (a) .................... 19,995 199,419 Hektas Ticaret TAS (a) (b) ..................... 1,233,967 69,797 Turk Traktor ve Ziraat Makineleri A.S. (a) .......... 7,460 66,066 335,282 a United Kingdom — 0 .9 % AEP Plantations PLC ...................... 50,880 141,332 Cranswick PLC .......................... 14,763 1,078,209 MP Evans Group PLC ..................... 10,191 248,282 1,467,823 a United States — 59 .1 % AGCO Corp. ............................ 18,068 2,137,625 Alamo Group, Inc. ........................ 3,916 644,495 Archer-Daniels-Midland Co. .................. 134,377 10,923,506 Bunge Global SA ......................... 35,162 4,086,176 Cal-Maine Foods, Inc. ...................... 11,888 938,201 CF Industries Holdings, Inc. .................. 42,834 5,569,705 Corteva, Inc. ............................ 186,470 15,780,956 Darling Ingredients, Inc. (a) ................... 44,311 2,936,490 Deere & Co. ............................ 57,901 37,919,944 Del Monte Corp. ......................... 10,826 342,968 FMC Corp. ............................. 34,833 401,624 Ingredion, Inc. ........................... 17,582 1,819,034 Lamb Weston Holdings, Inc. ................. 36,572 1,994,271 Lindsay Corp. ........................... 4,236 486,759 Mosaic Co. (The) ......................... 88,621 2,137,539 Pilgrim's Pride Corp. (a) ..................... 11,933 374,458

Security Shares Value a United States (continued) Scotts Miracle-Gro Co. (The) ................. 12,572 $ 751,806 Toro Co. (The) ........................... 28,146 2,752,960 Vital Farms, Inc. (a) ........................ 10,099 107,857 92,106,374 a Total Common Stocks — 95.9% (Cost: $ 149,759,041 ) ................................ 149,490,247

a Rights

Sweden — 0 .0 % Scandi Standard AB (Expires 09/15/26 ) (a) ......... 5,984 593 a Total Rights — 0.0% (Cost: $ – ) ........................................ 593

a Total Long-Term Investments — 95.9% (Cost: $ 149,759,041 ) ................................ 149,490,840

a Short-Term Securities

Money Market Funds — 0 .7 % BlackRock Cash Funds: Institutional, SL Agency Shares , 3.84 % (f) (g) (h) ...................... 718,781 718,997 BlackRock Cash Funds: Treasury, SL Agency Shares , 3.65 % (f) (g) ............................. 294,037 294,037 a Total Short-Term Securities — 0.7% (Cost: $ 1,012,996 ) .................................. 1,013,034

Total Investments — 96.6% (Cost: $ 150,772,037 ) ................................ 150,503,874

Other Assets Less Liabilities — 3 .4 % ...................... 5,366,155

Net Assets — 100.0% ................................. $ 155,870,029 (a) Non-income producing security. (b) All or a portion of this security is on loan. (c) Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. (d) Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. (e) This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933. (f) Affiliate of the Fund. (g) Annualized 7-day yield as of period end. (h) All or a portion of this security was purchased with the cash collateral from loaned securities.

a n d A d d i t i o n a l I n NM1026U-6054732-4/44

Page 5

iShares ® Schedule of Investments ® MSCI Agriculture Producers ETF (continued) August 31, 2026

S c h e d u l e o f I n v e s t m e n t s 5

Affiliates Investments in issuers considered to be affiliate(s) of the Fund during the year ended August 31, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliated Issuer

Value at 08/31/25

Purchases at Cost

Proceeds from Sale s

Net Realized Gain (Loss)

Change in Unrealized Appreciation (Depreciation)

Value at 08/31/26

Shares Held at 08/31/26 Income

Capital Gain Distributions from Underlying Funds BlackRock Cash Funds: Institutional, SL Agency Shares $ 88,510 $ 630,319 (a) $ — $ 176 $ ( 8 ) $ 718,997 718,781 $ 12,421 (b) $ — BlackRock Cash Funds: Treasury, SL Agency Shares . 90,000 204,037 (a) — — — 294,037 294,037 8,929 — $ — $ 176 $ ( 8 ) $ 1,013,034 $ 21,350 $ —

(a) Represents net amount purchased (sold). (b) All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of collateral investment fees, and other payments to and from borrowers of securities.

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts

Description

Number of Contracts

Expiration Date

Notional Amount (000)

Value/ Unrealized Appreciation (Depreciation) Long Contracts E-Mini S&P 500 Index .................................................................. 15 09/18/26 $ 5,774 $ 389 Euro STOXX 50 Index ................................................................. 6 09/18/26 449 ( 760 ) $ ( 371 )

Derivative Financial Instruments Categorized by Risk Exposure As of period end, the fair values of derivative financial instruments located in the Statements of Assets and Liabilities were as follows:

Commodity Contracts

Credit Contracts

Equity Contracts

Foreign Currency Exchange Contracts

Interest Rate Contracts

Other Contracts Total Assets — Derivative Financial Instruments Futures contracts Unrealized appreciation on futures contracts (a) ............. $ — $ — $ 389 $ — $ — $ — $ 389 Liabilities — Derivative Financial Instruments Futures contracts Unrealized depreciation on futures contracts (a) ............. $ — $ — $ 760 $ — $ — $ — $ 760

(a) Net cumulative unrealized appreciation (depreciation) on futures contracts, if any, are reported in the Schedule of Investments. In the Statements of Assets and Liabilities, only current day’s variation margin is reported in receivables or payables and the net cumulative unrealized appreciation (depreciation) is included in accumulated earnings (loss).

For the period ended August 31, 2026, the effect of derivative financial instruments in the Statements of Operations was as follows:

Commodity Contracts

Credit Contracts

Equity Contracts

Foreign Currency Exchange Contracts

Interest Rate Contracts

Other Contracts Total Net Realized Gain (Loss) from: Futures contracts .................................. $ — $ — $ 35,206 $ — $ — $ — $ 35,206

Net Change in Unrealized Appreciation (Depreciation) on: Futures contracts .................................. $ — $ — $ 3,034 $ — $ — $ — $ 3,034

NM1026U-6054732-5/44

Page 6

Schedule of Investments (continued) August 31, 2026

iShares ® ® MSCI Agriculture Producers ETF

6 2026 i S h a r e s A n n u a l F i n a n c i a l S t a t e m e n t s a n d NM1 A 26 d d i t i o n a l U-6054732-6 I 4 n 4 f o r m a t i o n

Average Quarterly Balances of Outstanding Derivative Financial Instruments

Futures contracts: Average notional value of contracts — long ................................................................................... $ 3,177,867 a For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.

Fair Value Hierarchy as of Period End Various inputs are used in determining the fair value of financial instruments at the measurement date. For a description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to the Notes to Financial Statements. The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.

Level 1 Level 2 Level 3 Total Assets Investments Long-Term Investments Common Stocks .......................................... $ 115,307,522 $ 34,176,011 $ 6,714 $ 149,490,247 Rights ................................................. — 593 — 593 Short-Term Securities Money Market Funds ....................................... 1,013,034 — — 1,013,034 $ 116,320,556 $ 34,176,604 $ 6,714 $ 150,503,874 Derivative Financial Instruments (a) Assets Equity Contracts ............................................ $ 389 $ — $ — $ 389 Liabilities Equity Contracts ............................................ ( 760 ) — — ( 760 ) $ ( 371 ) $ — $ — $ ( 371 )

(a) Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

See notes to financial statements.

a n d A d d i t i o n a l I n NM1026U-6054732-6/44

Page 7

iShares ® Schedule of Investments ® MSCI Global Gold Miners ETF

August 31, 2026 (Percentages shown are based on Net Assets)

S c h e d u l e o f I n v e s t m e n t s 7

Security Shares Value a Common Stocks

Australia — 6 .0 % Catalyst Metals Ltd. (a) (b) ..................... 2,203,593 $ 10,268,823 Emerald Resources NL (b) .................... 3,474,197 17,466,130 Genesis Minerals Ltd. (a) (b) ................... 6,211,591 36,531,551 Ora Banda Mining Ltd. (a) (b) ................... 10,797,931 11,824,384 Regis Resources Ltd. ...................... 3,647,291 21,678,050 Resolute Mining Ltd. (b) ..................... 14,668,787 14,399,722 West African Resources Ltd. (b) ................ 6,131,993 16,448,072 Westgold Resources Ltd. ................... 4,770,304 21,773,656 150,390,388 a Canada — 55 .4 % Agnico Eagle Mines Ltd. .................... 1,504,129 305,210,288 Alamos Gold, Inc. , Class A .................. 1,710,825 62,683,137 Aris Mining Corp. (b) ........................ 955,244 19,098,677 B2Gold Corp. ........................... 6,093,918 33,416,629 Barrick Mining Corp. ....................... 4,626,737 207,509,630 Centerra Gold, Inc. ........................ 1,383,529 31,704,521 Eldorado Gold Corp. ....................... 1,077,379 48,258,370 Equinox Gold Corp. ....................... 4,857,899 62,741,363 G Mining Ventures Corp. (a) (b) .................. 852,518 32,127,433 IAMGOLD Corp. (b) ........................ 2,616,556 53,522,394 Kinross Gold Corp. ........................ 3,698,365 113,249,836 Lundin Gold, Inc. ......................... 511,691 36,443,608 OceanaGold Corp. ........................ 967,986 28,474,901 Pan American Silver Corp. ................... 1,548,582 80,415,200 SSR Mining, Inc. ......................... 1,120,159 42,100,424 Torex Gold Resources, Inc. .................. 550,924 26,931,059 Wesdome Gold Mines Ltd. (a) (b) ................ 1,004,356 24,073,528 Wheaton Precious Metals Corp. ............... 1,227,658 185,032,274 1,392,993,272 a China — 1 .3 % China Gold International Resources Corp. Ltd. ..... 1,042,900 33,951,827 a Hong Kong — 1 .2 % Zijin Gold International Co. Ltd. (a) .............. 1,552,200 29,906,716 a Russia — 0 .0 % Polyus PJSC (b) (c) ......................... 625,470 7 a South Africa — 11 .8 % Anglogold Ashanti PLC ..................... 1,045,122 117,394,585 DRDGOLD Ltd. .......................... 5,414,639 15,172,404

Security Shares Value a South Africa (continued) Gold Fields Ltd. .......................... 2,508,309 $ 116,497,970 Harmony Gold Mining Co. Ltd. ................ 2,445,314 47,952,176 297,017,135 a Turkey — 0 .4 % Turk Altin Isletmeleri A.S. (a) (b) ................. 9,431,117 10,323,624 a United Kingdom — 3 .8 % Endeavour Mining PLC ..................... 826,405 51,568,641 Hochschild Mining PLC ..................... 2,552,438 22,577,183 Pan African Resources PLC ................. 11,980,320 21,796,588 95,942,412 a United States — 20 .0 % Coeur Mining, Inc. ........................ 4,166,460 86,579,039 McEwen, Inc. (a) (b) ......................... 484,328 9,764,052 Newmont Corp. .......................... 3,232,969 407,548,072 503,891,163 a Total Long-Term Investments — 99.9% (Cost: $ 1,532,568,525 ) ............................... 2,514,416,544

a Short-Term Securities

Money Market Funds — 3 .1 % BlackRock Cash Funds: Institutional, SL Agency Shares , 3.84 % (d) (e) (f) ...................... 76,275,503 76,298,386 BlackRock Cash Funds: Treasury, SL Agency Shares , 3.65 % (d) (e) ............................ 1,036,583 1,036,583 a Total Short-Term Securities — 3.1% (Cost: $ 77,331,500 ) ................................. 77,334,969

Total Investments — 103.0% (Cost: $ 1,609,900,025 ) ............................... 2,591,751,513

Liabilities in Excess of Other Assets — ( 3 .0 ) % ............... ( 75,852,050 )

Net Assets — 100.0% ................................. $ 2,515,899,463 (a) All or a portion of this security is on loan. (b) Non-income producing security. (c) Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. (d) Affiliate of the Fund. (e) Annualized 7-day yield as of period end. (f) All or a portion of this security was purchased with the cash collateral from loaned securities.

NM1026U-6054732-7/44

Page 8

Schedule of Investments (continued) August 31, 2026

iShares ® ® MSCI Global Gold Miners ETF

8 2026 i S h a r e s A n n u a l F i n a n c i a l S t a t e m e n t s a n d NM1 A 26 d d i t i o n a l U-6054732-8 I 4 n 4 f o r m a t i o n

Affiliated Issuer

Value at 08/31/25

Purchases at Cost

Proceeds from Sale s

Net Realized Gain (Loss)

Change in Unrealized Appreciation (Depreciation)

Value at 08/31/26

Shares Held at 08/31/26 Income

Capital Gain Distributions from Underlying Funds BlackRock Cash Funds: Institutional, SL Agency Shares $ 16,166,918 $ 60,150,250 (a) $ — $ ( 20,841 ) $ 2,059 $ 76,298,386 76,275,503 $ 420,933 (b) $ — BlackRock Cash Funds: Treasury, SL Agency Shares .. 520,000 516,583 (a) — — — 1,036,583 1,036,583 62,540 — $ — $ ( 20,841 ) $ 2,059 $ 77,334,969 $ 483,473 $ —

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts

Description

Number of Contracts

Expiration Date

Notional Amount (000)

Value/ Unrealized Appreciation (Depreciation) Long Contracts S&P/TSX 60 Index ..................................................................... 13 09/17/26 $ 3,993 $ 65,009

Commodity Contracts

Credit Contracts

Equity Contracts

Foreign Currency Exchange Contracts

Interest Rate Contracts

Other Contracts Total Assets — Derivative Financial Instruments Futures contracts Unrealized appreciation on futures contracts (a) ............. $ — $ — $ 65,009 $ — $ — $ — $ 65,009

For the period ended August 31, 2026, the effect of derivative financial instruments in the Statements of Operations was as follows:

Commodity Contracts

Credit Contracts

Equity Contracts

Foreign Currency Exchange Contracts

Interest Rate Contracts

Other Contracts Total Net Realized Gain (Loss) from: Futures contracts .................................. $ — $ — $ 911,887 $ — $ — $ — $ 911,887

Net Change in Unrealized Appreciation (Depreciation) on: Futures contracts .................................. $ — $ — $ ( 100,086 ) $ — $ — $ — $ ( 100,086 )

a n d A d d i t i o n a l I n NM1026U-6054732-8/44

Page 9

iShares ® Schedule of Investments ® MSCI Global Gold Miners ETF (continued) August 31, 2026

S c h e d u l e o f I n v e s t m e n t s 9

Average Quarterly Balances of Outstanding Derivative Financial Instruments

Futures contracts: Average notional value of contracts — long ................................................................................... $ 5,424,673 a For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.

Level 1 Level 2 Level 3 Total Assets Investments Long-Term Investments Common Stocks ........................................... $ 1,896,884,434 $ 617,532,103 $ 7 $ 2,514,416,544 Short-Term Securities Money Market Funds ........................................ 77,334,969 — — 77,334,969 $ 1,974,219,403 $ 617,532,103 $ 7 $ 2,591,751,513 Derivative Financial Instruments (a) Assets Equity Contracts ............................................. $ 65,009 $ — $ — $ 65,009

(a) Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

See notes to financial statements.

NM1026U-6054732-9/44

Page 10

Schedule of Investments

August 31, 2026

iShares ® ® MSCI Global Metals & Mining Producers ETF (Percentages shown are based on Net Assets)

10 2026 i S h a r e s A n n u a l F i n a n c i a l S t a t e m e n t s a n d NM1 A 26 d d i t i o n a l U-6054732- I 0 n 4 f 4 o r m a t i o n

Security Shares Value a Common Stocks

Australia — 23 .1 % Arafura Rare Earths Ltd. (a) (b) .................. 7,657,261 $ 1,122,761 BHP Group Ltd. .......................... 7,583,981 356,687,491 BlueScope Steel Ltd. ...................... 653,629 14,520,307 Brazilian Rare Earths Ltd. (b) .................. 212,790 610,875 Champion Iron Ltd. ....................... 617,367 1,547,787 Deterra Royalties Ltd. ...................... 621,955 1,828,403 Develop Global Ltd. (a) (b) ..................... 389,885 1,508,428 Elevra Lithium Ltd. (a) (b) ...................... 262,572 1,545,113 EQ Resources Ltd. (b) ...................... 4,989,665 1,515,637 FireFly Metals Ltd. (a) (b) ...................... 1,081,638 1,407,941 Fortescue Ltd. ........................... 2,418,893 30,619,342 IGO Ltd. (b) .............................. 988,534 6,141,655 Iluka Resources Ltd. ....................... 640,349 3,137,875 Imdex Ltd. ............................. 756,857 1,899,213 IperionX Ltd. (a) (b) .......................... 399,173 847,450 Lindian Resources Ltd. (b) .................... 1,930,060 1,055,601 Liontown Ltd. (a) (b) ......................... 3,142,355 2,753,109 Lynas Rare Earths Ltd. (a) (b) ................... 1,351,585 15,234,286 Macmahon Holdings Ltd. .................... 1,748,639 1,238,493 Metals X Ltd. (b) .......................... 1,277,942 1,746,025 Mineral Resources Ltd. (a) (b) ................... 257,985 11,923,186 Minerals 260 Ltd. (a) (b) ....................... 2,917,909 1,839,675 Nickel Industries Ltd. (b) ..................... 3,242,373 1,981,485 Perenti Ltd. ............................. 1,254,929 2,028,113 PLS Group Ltd. (a) ......................... 4,687,199 18,096,813 Rio Tinto Ltd. ........................... 555,036 69,372,401 Sandfire Resources Ltd. (b) ................... 696,103 11,402,738 Sims Ltd. .............................. 237,849 4,137,893 South32 Ltd. ............................ 6,694,116 24,629,190 Stanmore Resources Ltd. ................... 411,642 807,164 Sunrise Energy Metals Ltd. (a) (b) ................ 133,273 1,614,552 Vulcan Energy Resources Ltd. (a) ............... 510,831 981,431 WA1 Resources Ltd. (a) (b) .................... 77,449 604,373 596,386,806 a Austria — 0 .3 % voestalpine AG .......................... 159,840 8,477,952 a Belgium — 0 .1 % Bekaert SA ............................. 49,968 2,266,560 Viohalco SA ............................ 55,564 1,111,843 3,378,403 a Brazil — 3 .2 % Cia Brasileira de Aluminio ................... 242,831 526,289 Cia Siderurgica Nacional SA (b) ................ 897,654 921,639 Vale SA ............................... 5,462,549 82,071,859 83,519,787 a Canada — 7 .4 % AbraSilver Resource Corp. (b) ................. 190,837 2,163,173 Altius Minerals Corp. ...................... 74,039 3,440,854 Americas Gold & Silver Corp. (a) (b) .............. 408,730 2,202,975 Capstone Copper Corp. (b) ................... 1,273,400 14,774,178 Collective Mining Ltd. (b) ..................... 82,373 1,235,640 ERO Copper Corp. (b) ...................... 149,259 5,553,798 Faraday Copper Corp. (b) .................... 316,756 1,273,012 First Quantum Minerals Ltd. (b) ................ 1,026,829 34,154,780 Hudbay Minerals, Inc. ...................... 626,989 17,946,285 Imperial Metals Corp. (b) ..................... 128,285 865,446 Ivanhoe Electric, Inc. (b) ..................... 185,389 2,050,402 Ivanhoe Mines Ltd. , Class A (a) (b) ............... 1,170,138 10,224,302 Labrador Iron Ore Royalty Corp. (a) ............. 95,100 1,816,983

Security Shares Value a Canada (continued) Lithium Americas Corp. (a) (b) .................. 487,615 $ 1,516,375 Lundin Mining Corp. (a) ...................... 1,020,014 27,311,750 LunR Royalties Corp. , (Acquired 06/11/26, Cost: $1,416,006) (b) (c) ......................... 87,122 1,373,510 Major Drilling Group International, Inc. (a) (b) ........ 118,352 1,449,138 NGEx Minerals Ltd. (a) (b) ..................... 209,625 4,115,514 NioCorp Developments Ltd. (b) ................. 216,299 906,293 Northern Dynasty Minerals Ltd. (a) (b) ............. 748,591 1,263,900 Osisko Metals, Inc. (a) (b) ..................... 839,764 1,048,228 Sigma Lithium Corp. (a) (b) .................... 97,275 1,229,556 Solaris Resources, Inc. (b) .................... 132,918 1,151,806 Talon Metals Corp. (a) (b) ...................... 157,066 859,021 Teck Resources Ltd. , Class B ................ 683,119 46,582,905 Trekor Metals Ltd. (b) ....................... 542,471 4,916,076 Versamet Royalties Corp. (a) (b) ................. 64,184 654,367 192,080,267 a Chile — 0 .0 % CAP SA (b) .............................. 97,859 581,914 a China — 5 .3 % Aluminum Corp. of China Ltd. , Class A .......... 1,199,165 1,744,016 Aluminum Corp. of China Ltd. , Class H .......... 5,526,000 6,030,556 Angang Steel Co. Ltd. , Class H (a) (b) ............. 2,044,000 308,249 Anhui Tongguan Copper Foil Group Co. Ltd. , Class A . 58,700 1,083,183 Baiyin Nonferrous Group Co. Ltd. , Class A (b) ....... 642,000 654,405 Baoshan Iron & Steel Co. Ltd. , Class A .......... 1,918,913 1,661,699 China Hongqiao Group Ltd. .................. 4,808,500 13,948,317 China Metal Recycling Holdings Ltd. (b) (d) .......... 132,000 — China Nonferrous Mining Corp. Ltd. (a) ........... 2,003,000 4,211,178 China Northern Rare Earth Group High-Tech Co. Ltd. , Class A .............................. 328,723 1,985,809 China Rare Earth Resources And Technology Co. Ltd. , Class A .............................. 95,400 879,979 China Tungsten And Hightech Materials Co. Ltd. , Class A .................................. 206,200 2,014,604 Citic Pacific Special Steel Group Co. Ltd. , Class A ... 239,949 490,853 CMOC Group Ltd. , Class A .................. 1,559,100 4,408,391 CMOC Group Ltd. , Class H .................. 5,376,000 11,454,572 Dazhong Mining Co. Ltd. , Class A .............. 127,200 533,165 Guangdong HEC Technology Holding Co. Ltd. , Class A (b) ................................. 272,800 1,343,439 Hanking Gold International Ltd. (a) (b) ............. 1,264,000 530,193 Henan Shenhuo Coal Industry & Electricity Power Co. Ltd. , Class A .......................... 192,300 786,775 Inner Mongolia BaoTou Steel Union Co. Ltd. , Class A (b) 3,983,621 1,332,489 Inner Mongolia Xingye Silver&Tin Mining Co. Ltd. , Class A .............................. 146,300 867,923 Jiangxi Copper Co. Ltd. , Class A .............. 190,925 1,374,695 Jiangxi Copper Co. Ltd. , Class H .............. 1,529,000 7,262,903 Jinduicheng Molybdenum Co. Ltd. , Class A ....... 256,200 860,734 Lygend Resources & Technology Co. Ltd. , Class H (a) . 220,600 517,326 Maanshan Iron & Steel Co. Ltd. , Class H (a) (b) ....... 1,998,000 444,340 MMG Ltd. (b) ............................. 7,123,600 8,341,088 Shandong Nanshan Aluminum Co. Ltd. , Class A .... 1,022,530 736,635 Shanjin International Gold Co. Ltd. , Class A ....... 246,940 965,979 Shougang Fushan Resources Group Ltd. (a) ....... 3,208,000 1,248,257 Sinomine Resource Group Co. Ltd. , Class A ....... 63,200 506,443 Tiangong International Co. Ltd. ............... 1,936,000 794,414 Tianshan Aluminum Group Co. Ltd. , Class A ....... 399,260 785,137 Tongling Nonferrous Metals Group Co. Ltd. , Class A . 1,212,700 1,203,224 Western Mining Co. Ltd. , Class A .............. 203,425 1,189,572 Western Superconducting Technologies Co. Ltd. , Class A .................................. 49,625 368,417

a n d A d d i t i o n a l I n f NM1026U-6054732-10/44

Page 11

iShares ® Schedule of Investments ® MSCI Global Metals & Mining Producers ETF (continued) August 31, 2026 (Percentages shown are based on Net Assets)

S c h e d u l e o f I n v e s t m e n t s 11

Security Shares Value a China (continued) Xiamen Tungsten Co. Ltd. , Class A ............. 141,399 $ 1,132,208 Yunnan Aluminium Co. Ltd. , Class A ............ 322,083 1,299,991 Yunnan Tin Co. Ltd. , Class A ................. 148,200 795,629 Zijin Mining Group Co. Ltd. , Class A ............ 1,843,100 9,231,908 Zijin Mining Group Co. Ltd. , Class H ............ 8,908,000 41,536,906 136,865,601 a Finland — 0 .2 % Outokumpu OYJ ......................... 597,301 3,905,935 a France — 2 .0 % APERAM SA ............................ 65,492 3,575,337 ArcelorMittal SA .......................... 637,313 47,489,352 Eramet SA (a) (b) ........................... 12,242 643,677 51,708,366 a Germany — 0 .9 % Aurubis AG ............................. 33,606 6,893,980 Salzgitter AG ............................ 49,138 3,238,482 thyssenkrupp AG ......................... 743,043 12,439,895 22,572,357 a Hong Kong — 0 .0 % Jiaxin International Resources Investment Ltd. (a) (b) ... 125,200 1,000,236 a India — 4 .4 % APL Apollo Tubes Ltd. (b) .................... 269,240 6,278,476 Ashapura Minechem Ltd. ................... 72,704 430,487 Godawari Power and Ispat Ltd. ............... 321,588 822,098 Gravita India Ltd. (b) ........................ 43,658 824,215 Hindalco Industries Ltd. .................... 1,927,973 20,551,851 Hindustan Copper Ltd. ..................... 436,056 2,402,456 Jindal Saw Ltd. .......................... 335,503 1,089,383 Jindal Stainless Ltd. ....................... 437,034 3,219,880 Jindal Steel Ltd. .......................... 539,344 6,750,050 JSW Steel Ltd. .......................... 912,169 12,507,885 Kirloskar Ferrous Industries Ltd. ............... 95,739 454,850 Maharashtra Seamless Ltd. .................. 44,206 307,645 Mishra Dhatu Nigam Ltd. (e) .................. 64,913 281,977 National Aluminium Co. Ltd. .................. 1,254,868 5,026,893 NMDC Ltd. ............................. 4,590,816 4,247,036 NMDC Steel Ltd. (b) ........................ 1,125,560 545,402 PTC Industries Ltd. (b) ...................... 6,765 1,570,247 Ramkrishna Forgings Ltd. ................... 106,685 832,568 Ratnamani Metals & Tubes Ltd. ............... 37,730 1,049,865 Sandur Manganese & Iron Ores Ltd. (The) ........ 170,938 362,705 Sarda Energy & Minerals Ltd. ................ 111,920 585,897 Tata Steel Ltd. ........................... 11,223,547 21,692,530 Usha Martin Ltd. ......................... 227,447 1,190,506 Vedanta Aluminium Metal Ltd. ................ 2,042,054 9,335,870 Vedanta Iron and Steel Ltd. (b) ................. 2,142,534 829,045 Vedanta Ltd. ............................ 2,042,054 5,964,763 Welspun Corp. Ltd. ....................... 137,548 3,450,250 112,604,830 a Indonesia — 0 .3 % Bumi Resources Minerals Tbk PT (b) ............. 84,641,000 3,578,171 Merdeka Copper Gold Tbk PT ................ 13,023,786 2,157,983 Petrosea Tbk PT (b) ........................ 3,760,300 1,073,804 Vale Indonesia Tbk PT ..................... 2,835,800 838,242 7,648,200 a Japan — 5 .2 % Aichi Steel Corp. ......................... 42,500 866,233 Daido Steel Co. Ltd. ....................... 189,300 2,692,266 Dowa Holdings Co. Ltd. .................... 76,100 4,728,577

Security Shares Value a Japan (continued) JFE Holdings, Inc. ........................ 853,700 $ 9,842,744 JX Advanced Metals Corp. .................. 816,000 19,029,547 Kobe Steel Ltd. .......................... 561,400 7,075,327 Maruichi Steel Tube Ltd. .................... 247,300 2,719,808 Mitsubishi Materials Corp. ................... 184,200 6,466,668 Mitsui Kinzoku Co. Ltd. ..................... 81,800 14,817,682 Nippon Light Metal Holdings Co. Ltd. ............ 85,140 1,605,740 Nippon Steel Corp. ........................ 7,238,425 30,347,760 Nittetsu Mining Co. Ltd. ..................... 60,500 1,434,970 Sumitomo Metal Mining Co. Ltd. ............... 356,900 24,622,315 Tokyo Steel Manufacturing Co. Ltd. ............. 69,000 743,253 UACJ Corp. ............................ 238,952 3,482,479 Yamato Kogyo Co. Ltd. ..................... 49,200 3,837,958 Yodoko Ltd. ............................ 138,200 1,232,708 135,546,035 a Malaysia — 0 .4 % Press Metal Aluminium Holdings Bhd ........... 5,528,700 10,982,025 a Mexico — 2 .3 % Grupo Mexico SAB de CV , Series B ............ 4,386,447 60,292,693 a Netherlands — 0 .3 % AMG Critical Materials N.V. .................. 51,539 1,950,067 Constellium SE , Class A (b) ................... 182,770 4,830,611 6,780,678 a Norway — 0 .8 % Norsk Hydro ASA ......................... 1,929,092 19,476,166 a Peru — 1 .5 % Cia de Minas Buenaventura SAA , ADR .......... 247,929 8,503,965 Southern Copper Corp. ..................... 139,030 29,039,196 37,543,161 a Poland — 1 .0 % Grupa Kety SA .......................... 14,656 4,953,771 Jastrzebska Spolka Weglowa SA (a) (b) ............ 76,810 682,023 KGHM Polska Miedz SA .................... 210,011 20,154,494 25,790,288 a Qatar — 0 .1 % Qatar Aluminum Manufacturing Co. ............. 4,177,202 1,680,452 a Russia — 0 .0 % Alrosa PJSC (b) (d) .......................... 2,886,002 335 GMK Norilskiy Nickel PAO (b) (d) ................ 47,600 — Novolipetsk Steel PJSC (b) (d) .................. 11,120 1 Severstal PAO (b) (d) ........................ 233,400 27 United Co. RUSAL International PJSC (b) (d) ........ 3,450,000 400 763 a Saudi Arabia — 1 .3 % Al Masane Al Kobra Mining Co. ............... 53,439 1,179,638 East Pipes Integrated Co. for Industry ........... 23,866 1,250,502 Saudi Arabian Mining Co. (b) .................. 1,740,276 30,783,300 Saudi Steel Pipe Co. ...................... 26,973 385,818 33,599,258 a South Africa — 3 .0 % African Rainbow Minerals Ltd. ................ 155,603 1,742,541 Impala Platinum Holdings Ltd. ................ 1,350,432 18,893,442 Northam Platinum Holdings Ltd. ............... 537,231 9,753,593 Sibanye Stillwater Ltd. ..................... 4,223,366 12,504,143 Valterra Platinum Ltd. ...................... 397,059 33,930,179 76,823,898 a

NM1026U-6054732-11/44

Page 12

Schedule of Investments (continued) August 31, 2026

iShares ® ® MSCI Global Metals & Mining Producers ETF (Percentages shown are based on Net Assets)

12 2026 i S h a r e s A n n u a l F i n a n c i a l S t a t e m e n t s a n d NM1 A 26 d d i t i o n a l U-6054732- I 2 n 4 f 4 o r m a t i o n

Security Shares Value a South Korea — 1 .2 % Hyundai Steel Co. ........................ 127,592 $ 2,822,999 Poongsan Corp. ......................... 24,896 1,485,628 POSCO Holdings, Inc. ..................... 106,833 26,338,882 SeAH Besteel Holdings Corp. (a) ............... 18,693 557,831 SeAH Steel Holdings Corp. .................. 1 74 31,205,414 a Spain — 0 .2 % Acerinox SA ............................ 269,701 5,603,600 a Sweden — 1 .7 % Alleima AB ............................. 266,924 3,405,055 Boliden AB ............................. 424,056 24,945,671 Granges AB ............................ 153,728 2,891,331 SSAB AB , Class A ........................ 326,250 3,509,242 SSAB AB , Class B ........................ 888,559 9,619,269 44,370,568 a Taiwan — 0 .8 % Century Iron & Steel Industrial Co. Ltd. .......... 253,000 719,842 China Steel Corp. ........................ 17,598,612 10,511,759 Chung Hung Steel Corp. (b) ................... 1,314,000 706,064 EVERGREEN Steel Corp. ................... 222,000 577,978 Feng Hsin Steel Co. Ltd. .................... 547,918 1,102,459 Gloria Material Technology Corp. .............. 653,000 682,332 TA Chen Stainless Pipe ..................... 2,852,721 4,387,844 Tung Ho Steel Enterprise Corp. ............... 646,700 1,647,378 Yieh Phui Enterprise Co. Ltd. (b) ................ 1,216,831 542,885 20,878,541 a Turkey — 0 .3 % Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret A.S. (b) ............................... 40,873 613,179 CVK Maden Isletmeleri Sanayi VE Ticaret A.S. ..... 1,658,500 575,426 Eregli Demir ve Celik Fabrikalari TAS (a) .......... 4,961,095 3,980,251 Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. , Class D (b) ............................ 1,139,637 1,117,939 TR Anadolu Metal Madencilik Isletmeleri A.S. (b) ..... 268,796 804,954 7,091,749 a United Kingdom — 15 .5 % Anglo American PLC ...................... 1,584,925 89,850,114 Antofagasta PLC ......................... 516,657 27,566,325 ATALAYA MINING COPPER SA ............... 181,056 2,641,937 Glencore PLC ........................... 14,034,564 111,995,649 Hill & Smith PLC ......................... 117,880 4,745,740 Rio Tinto PLC ........................... 1,594,584 163,437,500 400,237,265 a United States — 16 .2 % Alcoa Corp. ............................. 393,687 19,664,666 Alpha Metallurgical Resources, Inc. (b) ........... 15,681 3,696,012 Century Aluminum Co. (b) .................... 99,381 4,548,668 Cleveland-Cliffs, Inc. (b) ..................... 851,037 9,829,477 Commercial Metals Co. ..................... 165,444 11,162,507 Compass Minerals International, Inc. (b) ........... 53,157 1,321,483 Freeport-McMoRan, Inc. .................... 2,146,314 162,561,822 Kaiser Aluminum Corp. ..................... 24,445 3,881,377 Materion Corp. .......................... 30,257 7,143,073 Metallus, Inc. (b) .......................... 52,889 1,032,393

Security Shares Value a United States (continued) MP Materials Corp. (a) (b) ..................... 212,026 $ 11,608,424 Nucor Corp. ............................ 331,513 82,758,905 Ramaco Resources, Inc. , Class A (b) ............. 57,295 815,881 Reliance, Inc. ........................... 76,213 29,269,603 Ryerson Holding Corp. ..................... 66,840 1,675,010 Steel Dynamics, Inc. ....................... 204,561 47,584,980 SunCoke Energy, Inc. ...................... 128,575 1,328,180 TMC the metals Co., Inc. (a) (b) ................. 329,351 1,571,004 Trilogy Metals, Inc. (a) (b) ...................... 160,390 579,008 United States Antimony Corp. (a) (b) .............. 189,437 922,558 USA Rare Earth, Inc. (a) (b) .................... 282,265 5,029,962 Warrior Met Coal, Inc. ...................... 78,774 8,526,498 Worthington Steel, Inc. ..................... 48,145 1,658,595 418,170,086 a Total Common Stocks — 99.0% (Cost: $ 2,120,651,278 ) ............................... 2,556,803,294

a Preferred Stocks

Brazil — 0 .5 % Bradespar SA , Preference Shares , NVS ......... 375,633 1,594,875 Gerdau SA , Preference Shares , NVS ........... 1,902,935 8,718,564 Metalurgica Gerdau SA , Preference Shares , NVS ... 1,266,851 2,540,279 Usinas Siderurgicas de Minas Gerais SA Usiminas , Class A, Preference Shares , NVS (b) ........... 742,192 1,069,984 13,923,702 a Russia — 0 .0 % Mechel PJSC , Preference Shares , NVS (b) (d) ....... 96,000 11 a Total Preferred Stocks — 0.5% (Cost: $ 11,149,101 ) ................................. 13,923,713

a Rights

Taiwan — 0 .0 % Century Iron & Steel Industrial Co. Ltd. (Expires 10/15/26 ) (b) ........................... 253,000 3,537 a Total Rights — 0.0% (Cost: $ – ) ........................................ 3,537

a Total Long-Term Investments — 99.5% (Cost: $ 2,131,800,379 ) ............................... 2,570,730,544

a Short-Term Securities

Money Market Funds — 3 .6 % BlackRock Cash Funds: Institutional, SL Agency Shares , 3.84 % (f) (g) (h) ...................... 81,971,790 81,996,381 BlackRock Cash Funds: Treasury, SL Agency Shares , 3.65 % (f) (g) ............................. 11,731,467 11,731,467 a Total Short-Term Securities — 3.6% (Cost: $ 93,725,710 ) ................................. 93,727,848

Total Investments — 103.1% (Cost: $ 2,225,526,089 ) ............................... 2,664,458,392

Liabilities in Excess of Other Assets — ( 3 .1 ) % ............... ( 80,959,824 )

Net Assets — 100.0% ................................. $ 2,583,498,568

a n d A d d i t i o n a l I n f NM1026U-6054732-12/44

Page 13

iShares ® Schedule of Investments ® MSCI Global Metals & Mining Producers ETF (continued) August 31, 2026

S c h e d u l e o f I n v e s t m e n t s 13

(a) All or a portion of this security is on loan. (b) Non-income producing security. (c) Restricted security as to resale, excluding 144A securities. The Fund held restricted securities with a current value of $1,373,510, representing 0.1% of its net assets as of period end, and an original cost of $1,416,006. (d) Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

(e) Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. (f) Affiliate of the Fund. (g) Annualized 7-day yield as of period end. (h) All or a portion of this security was purchased with the cash collateral from loaned securities.

Affiliated Issuer

Value at 08/31/25

Purchases at Cost

Proceeds from Sale s

Net Realized Gain (Loss)

Change in Unrealized Appreciation (Depreciation)

Value at 08/31/26

Shares Held at 08/31/26 Income

Capital Gain Distributions from Underlying Funds BlackRock Cash Funds: Institutional, SL Agency Shares $ 11,004,168 $ 71,003,621 (a) $ — $ ( 12,678 ) $ 1,270 $ 81,996,381 81,971,790 $ 325,835 (b) $ — BlackRock Cash Funds: Treasury, SL Agency Shares .. 790,000 10,941,467 (a) — — — 11,731,467 11,731,467 121,838 — $ — $ ( 12,678 ) $ 1,270 $ 93,727,848 $ 447,673 $ —

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts

Description

Number of Contracts

Expiration Date

Notional Amount (000)

Value/ Unrealized Appreciation (Depreciation) Long Contracts E-Mini Energy Select Sector Index .......................................................... 22 09/18/26 $ 2,953 $ 64,481 MSCI Emerging Markets Index ............................................................. 112 09/18/26 9,582 1 $ 64,482

Commodity Contracts

Credit Contracts

Equity Contracts

Foreign Currency Exchange Contracts

Interest Rate Contracts

Other Contracts Total Assets — Derivative Financial Instruments Futures contracts Unrealized appreciation on futures contracts (a) ............. $ — $ — $ 64,482 $ — $ — $ — $ 64,482

NM1026U-6054732-13/44

Page 14

Schedule of Investments (continued) August 31, 2026

iShares ® ® MSCI Global Metals & Mining Producers ETF

14 2026 i S h a r e s A n n u a l F i n a n c i a l S t a t e m e n t s a n d NM1 A 26 d d i t i o n a l U-6054732- I 4 n 4 f 4 o r m a t i o n

For the period ended August 31, 2026, the effect of derivative financial instruments in the Statements of Operations was as follows:

Commodity Contracts

Credit Contracts

Equity Contracts

Foreign Currency Exchange Contracts

Interest Rate Contracts

Other Contracts Total Net Realized Gain (Loss) from: Futures contracts .................................. $ — $ — $ 847,464 $ — $ — $ — $ 847,464

Net Change in Unrealized Appreciation (Depreciation) on: Futures contracts .................................. $ — $ — $ 52,505 $ — $ — $ — $ 52,505

Average Quarterly Balances of Outstanding Derivative Financial Instruments

Futures contracts: Average notional value of contracts — long ................................................................................... $ 4,296,353 a For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.

Level 1 Level 2 Level 3 Total Assets Investments Long-Term Investments Common Stocks ........................................... $ 813,989,596 $ 1,742,812,935 $ 763 $ 2,556,803,294 Preferred Stocks ........................................... 13,923,702 — 11 13,923,713 Rights .................................................. — 3,537 — 3,537 Short-Term Securities Money Market Funds ........................................ 93,727,848 — — 93,727,848 $ 921,641,146 $ 1,742,816,472 $ 774 $ 2,664,458,392 Derivative Financial Instruments (a) Assets Equity Contracts ............................................. $ 64,482 $ — $ — $ 64,482

(a) Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

See notes to financial statements.

a n d A d d i t i o n a l I n f NM1026U-6054732-14/44

Page 15

iShares ® Schedule of Investments ® MSCI Global Silver and Metals Miners ETF

August 31, 2026 (Percentages shown are based on Net Assets)

S c h e d u l e o f I n v e s t m e n t s 15

Security Shares Value a Common Stocks

Australia — 0 .2 % Kingsgate Consolidated Ltd. ................. 526,133 $ 2,092,379 a Canada — 55 .3 % Agnico Eagle Mines Ltd. .................... 218,945 44,427,218 Andean Precious Metals Corp. (a) (b) .............. 889,319 4,446,755 Avino Silver & Gold Mines Ltd. (a) (b) .............. 2,163,287 15,858,434 Aya Gold & Silver, Inc. (a) (b) ................... 1,671,162 46,615,767 Discovery Mining Ltd. (a) (b) .................... 5,168,488 46,018,357 DPM Metals, Inc. ......................... 257,428 11,651,545 Eldorado Gold Corp. ....................... 275,376 12,334,747 Endeavour Silver Corp. (a) (b) .................. 3,947,675 42,298,044 First Majestic Silver Corp. ................... 5,309,139 109,557,614 Fortuna Mining Corp. (b) ..................... 697,078 8,414,528 GoGold Resources, Inc. (b) ................... 5,917,020 18,400,632 Highlander Silver Corp. (a) (b) .................. 1,639,911 9,063,616 Kinross Gold Corp. ........................ 902,418 27,633,479 Lundin Gold, Inc. ......................... 142,685 10,162,298 New Pacific Metals Corp. (b) .................. 1,287,745 8,798,979 Pan American Silver Corp. ................... 313,106 16,259,056 Perpetua Resources Corp. (a) (b) ................ 185,396 4,623,776 Seabridge Gold, Inc. (b) ..................... 200,292 6,374,602 Silvercorp Metals, Inc. (a) .................... 2,962,549 36,830,130 Skeena Resources Ltd. (b) ................... 174,870 5,701,775 SSR Mining, Inc. (a) ........................ 292,765 11,003,376 Torex Gold Resources, Inc. .................. 108,533 5,305,466 Vizsla Silver Corp. (b) ....................... 3,739,820 15,110,929 Wheaton Precious Metals Corp. ............... 298,394 44,973,861 561,864,984 a China — 1 .9 % China Gold International Resources Corp. Ltd. ..... 345,500 11,247,825 Zhaojin Mining Industry Co. Ltd. , Class H ......... 2,703,500 7,939,995 19,187,820 a Mexico — 10 .9 % Industrias Penoles SAB de CV ................ 2,075,428 110,367,450 a

Security Shares Value a Philippines — 0 .1 % Apex Mining Co., Inc. ...................... 3,739,600 $ 957,566 a South Africa — 1 .2 % Harmony Gold Mining Co. Ltd. ................ 624,622 12,248,727 a United Kingdom — 8 .9 % Fresnillo PLC ........................... 1,988,086 83,360,924 Hochschild Mining PLC ..................... 760,253 6,724,696 90,085,620 a United States — 21 .3 % Coeur Mining, Inc. ........................ 896,555 18,630,413 Hecla Mining Co. ......................... 7,541,355 149,846,724 Hycroft Mining Holding Corp. , Class A (b) .......... 93,068 2,180,583 Newmont Corp. .......................... 363,456 45,817,263 216,474,983 a Total Long-Term Investments — 99.8% (Cost: $ 671,084,080 ) ................................ 1,013,279,529

a Short-Term Securities

Money Market Funds — 8 .2 % BlackRock Cash Funds: Institutional, SL Agency Shares , 3.84 % (c) (d) (e) ...................... 82,985,410 83,010,305 BlackRock Cash Funds: Treasury, SL Agency Shares , 3.65 % (c) (d) ............................ 310,561 310,561 a Total Short-Term Securities — 8.2% (Cost: $ 83,312,568 ) ................................. 83,320,866

Total Investments — 108.0% (Cost: $ 754,396,648 ) ................................ 1,096,600,395

Liabilities in Excess of Other Assets — ( 8 .0 ) % ............... ( 81,261,660 )

Net Assets — 100.0% ................................. $ 1,015,338,735

(a) All or a portion of this security is on loan. (b) Non-income producing security. (c) Affiliate of the Fund. (d) Annualized 7-day yield as of period end. (e) All or a portion of this security was purchased with the cash collateral from loaned securities.

Affiliated Issuer

Value at 08/31/25

Purchases at Cost

Proceeds from Sale s

Net Realized Gain (Loss)

Change in Unrealized Appreciation (Depreciation)

Value at 08/31/26

Shares Held at 08/31/26 Income

Capital Gain Distributions from Underlying Funds BlackRock Cash Funds: Institutional, SL Agency Shares $ 51,725,821 $ 31,307,374 (a) $ — $ ( 28,801 ) $ 5,911 $ 83,010,305 82,985,410 $ 473,835 (b) $ — BlackRock Cash Funds: Treasury, SL Agency Shares . — 310,561 (a) — — — 310,561 310,561 20,764 — $ — $ ( 28,801 ) $ 5,911 $ 83,320,866 $ 494,599 $ —

NM1026U-6054732-15/44

Page 16

Schedule of Investments (continued) August 31, 2026

iShares ® ® MSCI Global Silver and Metals Miners ETF

16 2026 i S h a r e s A n n u a l F i n a n c i a l S t a t e m e n t s a n d NM1 A 26 d d i t i o n a l U-6054732- I 6 n 4 f 4 o r m a t i o n

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts

Description

Number of Contracts

Expiration Date

Notional Amount (000)

Value/ Unrealized Appreciation (Depreciation) Long Contracts S&P/TSX 60 Index ..................................................................... 8 09/17/26 $ 2,457 $ 23,718

Commodity Contracts

Credit Contracts

Equity Contracts

Foreign Currency Exchange Contracts

Interest Rate Contracts

Other Contracts Total Assets — Derivative Financial Instruments Futures contracts Unrealized appreciation on futures contracts (a) ............. $ — $ — $ 23,718 $ — $ — $ — $ 23,718

For the period ended August 31, 2026, the effect of derivative financial instruments in the Statements of Operations was as follows:

Commodity Contracts

Credit Contracts

Equity Contracts

Foreign Currency Exchange Contracts

Interest Rate Contracts

Other Contracts Total Net Realized Gain (Loss) from: Futures contracts .................................. $ — $ — $ 265,576 $ — $ — $ — $ 265,576

Net Change in Unrealized Appreciation (Depreciation) on: Futures contracts .................................. $ — $ — $ 23,718 $ — $ — $ — $ 23,718

Average Quarterly Balances of Outstanding Derivative Financial Instruments

Futures contracts: Average notional value of contracts — long ................................................................................... $ 1,854,108 a For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.

a n d A d d i t i o n a l I n f NM1026U-6054732-16/44

Page 17

iShares ® Schedule of Investments ® MSCI Global Silver and Metals Miners ETF (continued) August 31, 2026

S c h e d u l e o f I n v e s t m e n t s 17

Level 1 Level 2 Level 3 Total Assets Investments Long-Term Investments Common Stocks ........................................... $ 888,707,417 $ 124,572,112 $ — $ 1,013,279,529 Short-Term Securities Money Market Funds ........................................ 83,320,866 — — 83,320,866 $ 972,028,283 $ 124,572,112 $ — $ 1,096,600,395 Derivative Financial Instruments (a) Assets Equity Contracts ............................................. $ 23,718 $ — $ — $ 23,718

(a) Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

See notes to financial statements.

Fair Value Hierarchy as of Period End (continued)

NM1026U-6054732-17/44

Page 18

18 2026 i S h a r e s A n n u a l F i n a n c i a l S t a t e m e n t s a n d NM1 A 26 d d i t i o n a l U-6054732- I 8 n 4 f 4 o r m a t i o n

Statements of Assets and Liabilities

August 31, 2026

iShares MSCI Agriculture Producers ETF

iShares MSCI Global Gold Miners ETF

iShares MSCI Global Metals & Mining Producers ETF

iShares MSCI Global Silver and Metals Miners ETF

ASSETS Investments, at value — unaffiliated (a) (b) ...................................... $ 149,490,840 $ 2,514,416,544 $ 2,570,730,544 $ 1,013,279,529 Investments, at value — affiliated (c) ......................................... 1,013,034 77,334,969 93,727,848 83,320,866 Cash ............................................................. — 157,171 — 59,757 Cash pledged: Futures contracts ................................................... 27,000 207,000 1,109,000 — Foreign currency collateral pledged: (d) Futures contracts ................................................... 32,523 — — 79,368 Foreign currency, at value (e) .............................................. 266,919 2,505,639 4,746,301 404,420 Receivables: Investments sold ................................................... 8,631,759 76,816,346 30,481,697 93,739,494 Securities lending income — affiliated ..................................... 2,440 29,939 42,927 31,170 Capital shares sold .................................................. — 36,741 444 — Dividends — unaffiliated .............................................. 251,300 2,498,217 9,121,301 960,104 Dividends — affiliated ................................................ 667 4,085 13,266 758 Tax reclaims ...................................................... 17,040 — 126,146 — Variation margin on futures contracts ...................................... — — 68,692 — Foreign withholding tax claims .......................................... — — 4,740 — Total assets ........................................................ 159,733,522 2,674,006,651 2,710,172,906 1,191,875,466

LIABILITIES Due to broker ....................................................... — 428,200 — — Collateral on securities loaned ............................................ 718,050 76,316,849 82,002,424 83,040,714 Payables: Investments purchased ............................................... 3,084,178 80,544,875 40,467,406 93,155,110 Capital shares redeemed .............................................. — — — 11,176 Deferred foreign capital gain tax ......................................... 8,036 — 3,364,941 — Investment advisory fees .............................................. 49,384 790,438 780,483 319,030 Professional fees ................................................... — — 59,084 — Variation margin on futures contracts ...................................... 3,845 26,826 — 10,701 Total liabilities ....................................................... 3,863,493 158,107,188 126,674,338 176,536,731 Commitments and contingent liabilities NET ASSETS ....................................................... $ 155,870,029 $ 2,515,899,463 $ 2,583,498,568 $ 1,015,338,735

NET ASSETS CONSIST OF: Paid-in capital ....................................................... $ 177,660,032 $ 1,586,196,665 $ 2,373,243,441 $ 726,793,392 Accumulated earnings (loss) ............................................. ( 21,790,003 ) 929,702,798 210,255,127 288,545,343 NET ASSETS ....................................................... $ 155,870,029 $ 2,515,899,463 $ 2,583,498,568 $ 1,015,338,735

NET ASSET VALUE Shares outstanding ................................................... 3,300,000 29,100,000 39,750,000 25,500,000 Net asset value ...................................................... $ 47.23 $ 86.46 $ 64.99 $ 39.82 Shares authorized .................................................... 500 million 500 million 500 million 500 million Par value .......................................................... $ 0.001 $ 0.001 $ 0.001 $ 0.001

(a) Securities loaned, at value ............................................ $ 574,525 $ 65,577,376 $ 77,107,323 $ 78,344,183 (b) Investments, at cost — unaffiliated ....................................... $ 149,759,041 $ 1,532,568,525 $ 2,131,800,379 $ 671,084,080 (c) Investments, at cost — affiliated ......................................... $ 1,012,996 $ 77,331,500 $ 93,725,710 $ 83,312,568 (d) Foreign currency collateral pledged, at cost ................................. $ 32,313 $ — $ — $ 79,392 (e) Foreign currency, at cost .............................................. $ 266,795 $ 2,495,795 $ 4,748,483 $ 401,902

See notes to financial statements.

a n d A d d i t i o n a l I n f NM1026U-6054732-18/44

Page 19

S t a t e m e n t s o f O p e r a t i o n s 19

Statements of Operations

Year Ended August 31, 2026

iShares MSCI Agriculture Producers ETF

iShares MSCI Global Gold Miners ETF

iShares MSCI Global Metals & Mining Producers ETF

iShares MSCI Global Silver and Metals Miners ETF

INVESTMENT INCOME Dividends — unaffiliated ............................................ $ 2,907,719 $ 41,683,762 $ 44,630,507 $ 7,198,659 Dividends — affiliated .............................................. 8,929 62,540 121,838 20,764 Interest — unaffiliated .............................................. 19,721 8,475 7,965 3,807 Securities lending income — affiliated — net ............................... 12,421 420,933 325,835 473,835 Foreign taxes withheld ............................................. ( 160,503 ) ( 4,415,654 ) ( 2,267,404 ) ( 809,647 ) Foreign withholding tax claims ........................................ 168,643 — 890,326 — Total investment income .............................................. 2,956,930 37,760,056 43,709,067 6,887,418

EXPENSES Investment advisory ............................................... 477,826 10,835,098 6,345,945 3,401,706 Professional .................................................... 6,382 — 75,063 — Commitment costs ................................................ 678 — 10,765 — Interest expense ................................................. 288 11,369 7,800 1,563 Total expenses .................................................... 485,174 10,846,467 6,439,573 3,403,269 Net investment income ............................................... 2,471,756 26,913,589 37,269,494 3,484,149

REALIZED AND UNREALIZED GAIN (LOSS) Net realized gain (loss) from: Investments — unaffiliated (a) ........................................ ( 1,293,990 ) 62,772,807 ( 15,676,045 ) 13,391,302 Investments — affiliated ........................................... 176 ( 20,841 ) ( 12,678 ) ( 28,801 ) Foreign currency transactions ....................................... 2,469 14,851 ( 294,375 ) ( 35,352 ) Futures contracts ............................................... 35,206 911,887 847,464 265,576 In-kind redemptions — unaffiliated (b) ................................... 3,163,135 785,004,266 72,986,208 161,588,005 1,906,996 848,682,970 57,850,574 175,180,730 Net change in unrealized appreciation (depreciation) on: Investments — unaffiliated (c) ........................................ 16,391,528 224,881,914 505,726,375 203,473,835 Investments — affiliated ........................................... ( 8 ) 2,059 1,270 5,911 Foreign currency translations ....................................... 2,952 ( 37,898 ) 1,833 12,543 Futures contracts ............................................... 3,034 ( 100,086 ) 52,505 23,718 16,397,506 224,745,989 505,781,983 203,516,007 Net realized and unrealized gain ........................................ 18,304,502 1,073,428,959 563,632,557 378,696,737 NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS ............... $ 20,776,258 $ 1,100,342,548 $ 600,902,051 $ 382,180,886

(a) Net of foreign capital gain tax and capital gain tax refund, if applicable of ........... $ ( 22,841 ) $ — $ ( 969,708 ) $ — (b) See Note 2 of the Notes to Financial Statements. (c) Net of reduction in (increase in) deferred foreign capital gain tax of ................ $ 140,838 $ — $ ( 2,115,905 ) $ —

See notes to financial statements.

NM1026U-6054732-19/44

Page 20

20 2026 i S h a r e s A n n u a l F i n a n c i a l S t a t e m e n t s a n d NM1 A 26 d d i t i o n a l U-6054732-2 I 0 n 4 f 4 o r m a t i o n

Statements of Changes in Net Assets

iShares MSCI Agriculture Producers ETF

iShares MSCI Global Gold Miners ETF Year Ended 08/31/26

Year Ended 08/31/25

Year Ended 08/31/26

Year Ended 08/31/25

INCREASE (DECREASE) IN NET ASSETS

OPERATIONS Net investment income ......................................... $ 2,471,756 $ 2,514,976 $ 26,913,589 $ 12,550,396 Net realized gain (loss) ......................................... 1,906,996 ( 5,044,890 ) 848,682,970 68,770,090 Net change in unrealized appreciation (depreciation) ..................... 16,397,506 13,325,559 224,745,989 669,814,160 Net increase in net assets resulting from operations ........................ 20,776,258 10,795,645 1,100,342,548 751,134,646

DISTRIBUTIONS TO SHAREHOLDERS (a) Decrease in net assets resulting from distributions to shareholders .............. ( 2,427,551 ) ( 2,348,185 ) ( 33,210,739 ) ( 13,946,637 )

CAPITAL SHARE TRANSACTIONS Net increase (decrease) in net assets derived from capital share transactions ...... 44,742,327 ( 22,943,431 ) ( 461,237,991 ) 622,611,285

NET ASSETS Total increase (decrease) in net assets ................................ 63,091,034 ( 14,495,971 ) 605,893,818 1,359,799,294 Beginning of year ............................................... 92,778,995 107,274,966 1,910,005,645 550,206,351 End of year ................................................... $ 155,870,029 $ 92,778,995 $ 2,515,899,463 $ 1,910,005,645

(a) Distributions for annual periods determined in accordance with U.S. federal income tax regulations.

See notes to financial statements.

a n d A d d i t i o n a l I n f NM1026U-6054732-20/44

Page 21

S t a t e m e n t s o f C h a n g e s i n N e t A ss e t s 21

Statements of Changes in Net Assets (continued)

iShares MSCI Global Metals & Mining Producers ETF

iShares MSCI Global Silver and Metals Miners ETF Year Ended 08/31/26

Year Ended 08/31/25

Year Ended 08/31/26

Year Ended 08/31/25

INCREASE (DECREASE) IN NET ASSETS

OPERATIONS Net investment income ......................................... $ 37,269,494 $ 21,812,938 $ 3,484,149 $ 1,182,062 Net realized gain (loss) ......................................... 57,850,574 ( 40,057,498 ) 175,180,730 36,179,664 Net change in unrealized appreciation (depreciation) ..................... 505,781,983 74,981,010 203,516,007 127,052,485 Net increase in net assets resulting from operations ........................ 600,902,051 56,736,450 382,180,886 164,414,211

DISTRIBUTIONS TO SHAREHOLDERS (a) Decrease in net assets resulting from distributions to shareholders .............. ( 34,590,837 ) ( 27,831,516 ) ( 16,212,558 ) ( 2,253,233 )

CAPITAL SHARE TRANSACTIONS Net increase (decrease) in net assets derived from capital share transactions ...... 1,196,214,058 ( 174,382,061 ) 259,350,556 ( 1,465,614 )

NET ASSETS Total increase (decrease) in net assets ................................ 1,762,525,272 ( 145,477,127 ) 625,318,884 160,695,364 Beginning of year ............................................... 820,973,296 966,450,423 390,019,851 229,324,487 End of year ................................................... $ 2,583,498,568 $ 820,973,296 $ 1,015,338,735 $ 390,019,851

(a) Distributions for annual periods determined in accordance with U.S. federal income tax regulations.

See notes to financial statements.

NM1026U-6054732-21/44

Page 22

22 2026 i S h a r e s A n n u a l F i n a n c i a l S t a t e m e n t s a n d NM1 A 26 d d i t i o n a l U-6054732-2 I 2 n 4 f 4 o r m a t i o n

Financial Highlights

(For a share outstanding throughout each period)

iShares MSCI Agriculture Producers ETF Year Ended 08/31/26

Year Ended 08/31/25

Year Ended 08/31/24

Year Ended 08/31/23

Year Ended 08/31/22

Net asset value, beginning of year ........................ $ 40.34 $ 36.99 $ 40.03 $ 43.28 $ 39.82 Net investment income (a) .............................. 0 .87 (b) 0 .98 0 .68 0 .87 0 .86 Net realized and unrealized gain (loss) (c) .................... 6 .88 3 .33 ( 2 .80 ) ( 3 .31 ) 3 .25 Net increase (decrease) from investment operations ............. 7 .75 4 .31 ( 2 .12 ) ( 2 .44 ) 4 .11 Distributions from net investment income (d) .................... ( 0 .86 ) ( 0 .96 ) ( 0 .92 ) ( 0 .81 ) ( 0 .65 ) Net asset value, end of year ............................ $ 47.23 $ 40.34 $ 36.99 $ 40.03 $ 43.28

Total Return (e) Based on net asset value ............................... 19.57 % (b) 11.77 % ( 5 .23 ) % ( 5 .70 ) % 10.43 %

Ratios to Average Net Assets (f) Total expenses ...................................... 0 .40 % 0 .39 % 0 .39 % 0 .39 % 0 .39 % Total expenses excluding professional fees for foreign withholding tax claims .......................................... 0 .39 % N/A N/A N/A N/A Net investment income ................................. 2 .01 % (b) 2 .58 % 1 .82 % 2 .09 % 2 .00 %

Supplemental Data Net assets, end of year (000) ............................. $ 155,870 $ 92,779 $ 107,275 $ 212,158 $ 292,172 Portfolio turnover rate (g) ................................. 23 % 19 % 7 % 12 % 10 %

(a) Based on average shares outstanding. (b) Reflects the positive effect of foreign withholding tax claims, net of the associated professional fees, which resulted in the following increases for the year ended August 31, 2026: • Net investment income per share by $0.06. • Total return by 0.12%. • Ratio of net investment income to average net assets by 0.13%. (c) The amounts reported for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period due to the timing of capital share transactions in relation to the fluctuating market values of the Fund’s underlying securities. (d) Distributions for annual periods determined in accordance with U.S. federal income tax regulations. (e) Where applicable, assumes the reinvestment of distributions. (f) Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. (g) Portfolio turnover rate excludes in-kind transactions, if any.

See notes to financial statements.

a n d A d d i t i o n a l I n f NM1026U-6054732-22/44

Page 23

F i n a n c i a l H i g h l i g h t s 23

Financial Highlights (continued) (For a share outstanding throughout each period)

iShares MSCI Global Gold Miners ETF Year Ended 08/31/26

Year Ended 08/31/25

Year Ended 08/31/24

Year Ended 08/31/23

Year Ended 08/31/22

Net asset value, beginning of year .......................... $ 53.73 $ 32.27 $ 22.65 $ 18.35 $ 26.96 Net investment income (a) ................................ 0 .72 0 .42 0 .45 0 .45 0 .56 Net realized and unrealized gain (loss) (b) ...................... 32.91 21.49 9 .64 4 .34 ( 8 .61 ) Net increase (decrease) from investment operations ............... 33.63 21.91 10.09 4 .79 ( 8 .05 ) Distributions from net investment income (c) ...................... ( 0 .90 ) ( 0 .45 ) ( 0 .47 ) ( 0 .49 ) ( 0 .56 ) Net asset value, end of year .............................. $ 86.46 $ 53.73 $ 32.27 $ 22.65 $ 18.35

Total Return (d) Based on net asset value ................................. 62.94 % 68.58 % 45.12 % 26.12 % ( 30.42 ) %

Ratios to Average Net Assets (e) Total expenses ........................................ 0 .39 % 0 .39 % 0 .39 % 0 .39 % 0 .39 % Net investment income ................................... 0 .97 % 1 .12 % 1 .79 % 2 .00 % 2 .16 %

Supplemental Data Net assets, end of year (000) ............................... $ 2,515,899 $ 1,910,006 $ 550,206 $ 386,218 $ 362,365 Portfolio turnover rate (f) ................................... 14 % 23 % 18 % 16 % 25 %

(a) Based on average shares outstanding. (b) The amounts reported for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period due to the timing of capital share transactions in relation to the fluctuating market values of the Fund’s underlying securities. (c) Distributions for annual periods determined in accordance with U.S. federal income tax regulations. (d) Where applicable, assumes the reinvestment of distributions. (e) Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. (f) Portfolio turnover rate excludes in-kind transactions, if any.

See notes to financial statements.

NM1026U-6054732-23/44

Page 24

24 2026 i S h a r e s A n n u a l F i n a n c i a l S t a t e m e n t s a n d NM1 A 26 d d i t i o n a l U-6054732-2 I 4 n 4 f 4 o r m a t i o n

Financial Highlights (continued) (For a share outstanding throughout each period)

iShares MSCI Global Metals & Mining Producers ETF Year Ended 08/31/26

Year Ended 08/31/25

Year Ended 08/31/24

Year Ended 08/31/23

Year Ended 08/31/22

Net asset value, beginning of year ....................... $ 41.05 $ 39.29 $ 40.26 $ 36.62 $ 45.61 Net investment income (a) ............................. 1 .30 (b) 1 .03 1 .23 (b) 1 .83 2 .67 Net realized and unrealized gain (loss) (c) ................... 23.96 2 .06 ( 0 .67 ) 3 .66 ( 8 .08 ) Net increase (decrease) from investment operations ............ 25.26 3 .09 0 .56 5 .49 ( 5 .41 ) Distributions from net investment income (d) ................... ( 1 .32 ) ( 1 .33 ) ( 1 .53 ) ( 1 .85 ) ( 3 .58 ) Net asset value, end of year ........................... $ 64.99 $ 41.05 $ 39.29 $ 40.26 $ 36.62

Total Return (e) Based on net asset value .............................. 62.20 % (b) 8 .29 % 1 .20 % (b) 14.96 % ( 12.69 ) %

Ratios to Average Net Assets (f) Total expenses ..................................... 0 .40 % 0 .39 % 0 .39 % 0 .39 % 0 .39 % Total expenses excluding professional fees for foreign withholding tax claims ......................................... 0 .39 % 0 .39 % 0 .39 % N/A N/A Net investment income ................................ 2 .29 % (b) 2 .71 % 3 .00 % (b) 4 .50 % 6 .23 %

Supplemental Data Net assets, end of year (000) ............................ $ 2,583,499 $ 820,973 $ 966,450 $ 1,463,447 $ 1,222,991 Portfolio turnover rate (g) ................................ 12 % 10 % 11 % 13 % 19 %

(a) Based on average shares outstanding. (b) Reflects the positive effect of foreign withholding tax claims, net of the associated professional fees, which resulted in the following increases for the years ended August 31, 2026 and August 31, 2024, respectively: • Net investment income per share by $0.03 and $0.00. • Total return by 0.05% and 0.01%. • Ratio of net investment income to average net assets by 0.05% and 0.00%. (c) The amounts reported for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period due to the timing of capital share transactions in relation to the fluctuating market values of the Fund’s underlying securities. (d) Distributions for annual periods determined in accordance with U.S. federal income tax regulations. (e) Where applicable, assumes the reinvestment of distributions. (f) Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. (g) Portfolio turnover rate excludes in-kind transactions, if any.

See notes to financial statements.

a n d A d d i t i o n a l I n f NM1026U-6054732-24/44

Page 25

F i n a n c i a l H i g h l i g h t s 25

Financial Highlights (continued) (For a share outstanding throughout each period)

iShares MSCI Global Silver and Metals Miners ETF Year Ended 08/31/26

Year Ended 08/31/25

Year Ended 08/31/24

Year Ended 08/31/23

Year Ended 08/31/22

Net asset value, beginning of year .......................... $ 21.67 $ 12.40 $ 9 .71 $ 8 .61 $ 13.92 Net investment income (a) ................................ 0 .14 0 .07 0 .09 0 .09 0 .12 Net realized and unrealized gain (loss) (b) ...................... 18.71 9 .33 2 .69 1 .06 ( 5 .31 ) Net increase (decrease) from investment operations ............... 18.85 9 .40 2 .78 1 .15 ( 5 .19 ) Distributions from net investment income (c) ...................... ( 0 .70 ) ( 0 .13 ) ( 0 .09 ) ( 0 .05 ) ( 0 .12 ) Net asset value, end of year .............................. $ 39.82 $ 21.67 $ 12.40 $ 9 .71 $ 8 .61

Total Return (d) Based on net asset value ................................. 87.69 % 76.36 % 28.67 % 13.41 % ( 37.54 ) %

Supplemental Data Net assets, end of year (000) ............................... $ 1,015,339 $ 390,020 $ 229,324 $ 167,039 $ 155,795 Portfolio turnover rate (f) ................................... 24 % 74 % 25 % 26 % 38 %

See notes to financial statements.

NM1026U-6054732-25/44

Page 26

Notes to Financial Statements

26 2026 i S h a r e s A n n u a l F i n a n c i a l S t a t e m e n t s a n d NM1 A 26 d d i t i o n a l U-6054732-2 I 6 n 4 f 4 o r m a t i o n

1. ORGANIZATION

iShares, Inc. (the “Company”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Company is organized as a Maryland corporation and is authorized to have multiple series or portfolios.

These financial statements relate only to the following funds (each, a “Fund” and collectively , the “Funds”):

iShares ETF

Diversification Classification MSCI Agriculture Producers .................................................................................................... Non-diversified MSCI Global Gold Miners ...................................................................................................... Non-diversified MSCI Global Metals & Mining Producers ........................................................................................... Non-diversified MSCI Global Silver and Metals Miners ............................................................................................. Non-diversified

2. SIGNIFICANT ACCOUNTING POLICIES

The financial statements are prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”), which may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities in the financial statements, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates. Each Fund is considered an investment company under U.S. GAAP and follows the accounting and reporting guidance applicable to investment companies. Below is a summary of significant accounting policies:

Investment Transactions and Income Recognition: For financial reporting purposes, investment transactions are recorded on the dates the transactions are executed. Realized gains and losses on investment transactions are determined using the specific identification method. Dividend income and capital gain distributions, if any, are recorded on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date at fair value. Dividends from foreign securities where the ex-dividend date may have passed are subsequently recorded when the Funds are informed of the ex-dividend date. Under the applicable foreign tax laws, a withholding tax at various rates may be imposed on capital gains, dividends and interest. Interest income, including amortization and accretion of premiums and discounts on debt securities, is recognized daily on an accrual basis.

Foreign Currency Translation: Each Fund’s books and records are maintained in U.S. dollars. Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using exchange rates determined as of the close of trading on the New York Stock Exchange (“NYSE”). Purchases and sales of investments are recorded at the rates of exchange prevailing on the respective dates of such transactions. Generally, when the U.S. dollar rises in value against a foreign currency, the investments denominated in that currency will lose value; the opposite effect occurs if the U.S. dollar falls in relative value.

Each Fund does not isolate the effect of fluctuations in foreign exchange rates from the effect of fluctuations in the market prices of investments for financial reporting purposes. Accordingly, the effects of changes in exchange rates on investments are not segregated in the Statements of Operations from the effects of changes in market prices of those investments, but are included as a component of net realized and unrealized gain (loss) from investments. Each Fund reports realized currency gains (losses) on foreign currency related transactions as components of net realized gain (loss) for financial reporting purposes, whereas such components are generally treated as ordinary income for U.S. federal income tax purposes.

Foreign Taxes: The Funds may be subject to foreign taxes (a portion of which may be reclaimable) on income, stock dividends, capital gains on investments, or certain foreign currency transactions. All foreign taxes are recorded in accordance with the applicable foreign tax regulations and rates that exist in the foreign jurisdictions in which each Fund invests. These foreign taxes, if any, are paid by each Fund and are reflected in its Statements of Operations as follows: foreign taxes withheld at source are presented as a reduction of income, foreign taxes on securities lending income are presented as a reduction of securities lending income, foreign taxes on stock dividends are presented as “Foreign taxes withheld”, and foreign taxes on capital gains from sales of investments and foreign taxes on foreign currency transactions are included in their respective net realized gain (loss) categories. Foreign taxes payable or deferred as of August 31, 2026, if any, are disclosed in the Statements of Assets and Liabilities.

Consistent with U.S. GAAP accrual requirements, for uncertain tax positions, each Fund recognizes tax reclaims when the Fund determines that it is more likely than not that the Fund will sustain its position that it is due the reclaim.

The Funds file withholding tax reclaims in certain jurisdictions to recover a portion of amounts previously withheld. The Funds may record a reclaim receivable based on collectability, which includes factors such as the jurisdiction’s applicable laws, payment history and market convention. The Statements of Operations include tax reclaims recorded as well as professional and other fees, if any, associated with recovery of foreign withholding taxes.

Cash: The Funds may maintain cash at their custodian, which at times may exceed United States federally insured limits. The Funds may, at times, have outstanding cash disbursements that exceed deposited cash amounts at the custodian during the reporting period. The Funds are obligated to repay the custodian for any overdraft, including any related costs or expenses, where applicable. For financial reporting purposes, overdraft fees, if any , are included in interest expense in the Statements of Operations.

Collateralization: If required by an exchange or counterparty agreement, the Funds may be required to deliver/deposit cash and/or securities to/with an exchange, or broker dealer or custodian as collateral for certain investments.

In-kind Redemptions: For financial reporting purposes, in-kind redemptions are treated as sales of securities resulting in realized capital gains or losses to the Funds. Because such gains or losses are not taxable to the Funds and are not distributed to existing Fund shareholders, the gains or losses are reclassified from accumulated net realized gain (loss) to paid-in capital at the end of the Funds’ tax year. These reclassifications have no effect on net assets or net asset value (“NAV”) per share.

a n d A d d i t i o n a l I n f NM1026U-6054732-26/44

Page 27

Notes to Financial Statements ( continued)

N o t e s t o F i n a n c i a l S t a t e m e n t s 27

Distributions: Dividends and distributions paid by each Fund are recorded on the ex-dividend dates. Distributions are determined on a tax basis and may differ from net investment income, and net realized capital gains for financial reporting purposes. Dividends and distributions are paid in U.S. dollars and cannot be automatically reinvested in additional shares of the Funds.

Indemnifications: In the normal course of business, each Fund enters into contracts that contain a variety of representations that provide general indemnification. The Funds’ maximum exposure under these arrangements is unknown because it involves future potential claims against the Funds, which cannot be predicted with any certainty.

Segment Reporting: The Chief Financial Officer acts as the Funds’ Chief Operating Decision Maker (“CODM”) and is responsible for assessing performance and allocating resources with respect to each Fund. The CODM has concluded that each Fund operates as a single operating segment since each Fund has a single investment strategy as disclosed in its prospectus, against which the CODM assesses performance. The financial information provided to and reviewed by the CODM is presented within each Fund’s financial statements.

Recent Accounting Standard: The Funds adopted Financial Accounting Standards Board Update 2023-09, Income Taxes (Topic 740) – Improvements to Income Tax Disclosures (“ASU 2023-09”) during the period. ASU 2023-09 enhances income tax disclosures, including disclosure of income taxes paid disaggregated by jurisdiction. The Funds’ adoption of the new standard did not have a material impact on financial statement disclosures and did not affect each Fund’s financial position or results of operations.

3. INVESTMENT VALUATION AND FAIR VALUE MEASUREMENTS

Investment Valuation Policies: Each Fund’s investments are valued at fair value (also referred to as “market value” within the financial statements) each day that the Fund’s listing exchange is open and, for financial reporting purposes, as of the report date. U.S. GAAP defines fair value as the price a fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. The Board of Directors of the Company (the “Board”) of each Fund has approved the designation of BlackRock Fund Advisors (“BFA”), the Funds’ investment adviser, as the valuation designee for each Fund. Each Fund determines the fair values of its financial instruments using various independent dealers or pricing services under BFA’s policies. If a security’s market price is not readily available or does not otherwise accurately represent the fair value of the security, the security will be valued in accordance with BFA’s policies and procedures as reflecting fair value. BFA has formed a committee (the “Valuation Committee”) to develop pricing policies and procedures and to oversee the pricing function for all financial instruments, with assistance from other BlackRock pricing committees.

Fair Value Inputs and Methodologies: The following methods and inputs are used to establish the fair value of each Fund’s assets and liabilities:

• Equity investments (except ETF options, equity index options or those that are customized) traded on a recognized securities exchange are valued at that day’s official closing price, as applicable, on the exchange where the stock is primarily traded or, if a reported closing price is not available, the last traded price on the exchange or market on which the security or instrument is primarily traded at the time of valuation or last available bid (long positions) or ask (short positions) price.

• Investments in open-end U.S. mutual funds (including money market funds) are valued at that day’s NAV.

• Futures contracts are valued based on that day’s last reported settlement or trade price on the exchange where the contract is traded.

Generally, trading in foreign instruments is substantially completed each day at various times prior to the close of trading on the NYSE. Each business day, the Funds use current market factors supplied by independent pricing services to value certain foreign instruments (“Systematic Fair Value Price”). The Systematic Fair Value Price is designed to value such foreign securities at fair value as of the close of trading on the NYSE, which occurs after the close of the local markets.

If events (e.g., market volatility, company announcement or a natural disaster) occur that are expected to materially affect the value of such investment, or in the event that application of these methods of valuation results in a price for an investment that is deemed not to be representative of the market value of such investment, or if a price is not available, the investment will be valued by the Valuation Committee in accordance with BFA’s policies and procedures as reflecting fair value (“Fair Valued Investments”). The fair valuation approaches that may be used by the Valuation Committee include market approach, income approach and cost approach. Valuation techniques such as discounted cash flow, use of market comparables and matrix pricing are types of valuation approaches and are typically used in determining fair value. When determining the price for Fair Valued Investments, the Valuation Committee seeks to determine the price that each Fund might reasonably expect to receive or pay from the current sale or purchase of that asset or liability in an arm’s-length transaction. Fair value determinations shall be based upon all available factors that the Valuation Committee deems relevant and consistent with the principles of fair value measurement as of the measurement date.

Fair value pricing could result in a difference between the prices used to calculate a fund’s NAV and the prices used by the fund’s underlying index, which in turn could result in a difference between the fund’s performance and the performance of the fund’s underlying index.

Fair Value Hierarchy: Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

• Level 1 – Unadjusted price quotations in active markets/exchanges that each Fund has the ability to access for identical assets or liabilities;

• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (including the Valuation Committee’s assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable

NM1026U-6054732-27/44

Page 28

Notes to Financial Statements (continued)

28 2026 i S h a r e s A n n u a l F i n a n c i a l S t a t e m e n t s a n d NM1 A 26 d d i t i o n a l U-6054732-2 I 8 n 4 f 4 o r m a t i o n

inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities.

4. SECURITIES AND OTHER INVESTMENTS

Securities Lending: Each Fund may lend its securities to approved borrowers, such as brokers, dealers and other financial institutions. The borrower pledges and maintains with the Fund collateral consisting of cash, an irrevocable letter of credit issued by an approved bank, or securities issued or guaranteed by the U.S. Government. The initial collateral received by each Fund is required to have a value of at least 102% of the current market value of the loaned securities for securities traded on U.S. exchanges and a value of at least 105% for all other securities. The collateral is maintained thereafter at a value equal to at least 100% of the current market value of the securities on loan. The market value of the loaned securities is determined at the close of each business day of the Fund and any additional required collateral is delivered to the Fund or excess collateral is returned by the Fund, on the next business day. During the term of the loan, each Fund is entitled to all distributions made on or in respect of the loaned securities but does not receive interest income on securities received as collateral. Loans of securities are terminable at any time and the borrower, after notice, is required to return borrowed securities within the standard time period for settlement of securities transactions.

As of period end, any securities on loan were collateralized by cash and/or U.S. Government obligations. Cash collateral invested in money market funds managed by BFA, or its affiliates is disclosed in the Schedule of Investments. Any non-cash collateral received cannot be sold, re-invested or pledged by the Fund, except in the event of borrower default. The securities on loan, if any, are also disclosed in each Fund’s Schedule of Investments. The market value of any securities on loan and the value of any related cash collateral are disclosed in the Statements of Assets and Liabilities.

Securities lending transactions are entered into by the Funds under Master Securities Lending Agreements (each, an “MSLA”) which provide the right, in the event of default (including bankruptcy or insolvency) for the non-defaulting party to liquidate the collateral and calculate a net exposure to the defaulting party or request additional collateral. In the event that a borrower defaults, the Funds, as lender, would offset the market value of the collateral received against the market value of the securities loaned. When the value of the collateral is greater than that of the market value of the securities loaned, the lender is left with a net amount payable to the defaulting party. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against such a right of offset in the event of an MSLA counterparty’s bankruptcy or insolvency. Under the MSLA, absent an event of default, the borrower can resell or re-pledge the loaned securities, and the Funds can reinvest cash collateral received in connection with loaned securities. Upon an event of default, the parties’ obligations to return the securities or collateral to the other party are extinguished, and the parties can resell or re-pledge the loaned securities or the collateral received in connection with the loaned securities in order to satisfy the defaulting party’s net payment obligation for all transactions under the MSLA. The defaulting party remains liable for any deficiency.

As of period end, the following table is a summary of the securities on loan by counterparty which are subject to offset under an MSLA:

iShares ETF and Counterparty

Securities Loaned at Value

Cash Collateral Received (a)

Non-Cash Collateral Received, at Fair Value (a) Net Amount MSCI Agriculture Producers Barclays Capital, Inc. ............................................. $ 78,867 $ (78,867 ) $ — $ — BNP Paribas SA ................................................. 45,033 (45,033 ) — — Citigroup Global Markets Ltd. ........................................ 97,963 (97,963 ) — — Goldman Sachs & Co. LLC ......................................... 199,813 (199,813 ) — — HSBC Bank PLC ................................................ 17,406 (17,406 ) — — Morgan Stanley ................................................. 135,443 (135,443 ) — — $ 574,525 $ (574,525 ) $ — $ — a MSCI Global Gold Miners Barclays Capital, Inc. ............................................. 388,595 (388,595 ) — — BofA Securities, Inc. .............................................. 6,670,749 (6,670,749 ) — — Goldman Sachs & Co. LLC ......................................... 30,486,946 (30,486,946 ) — — HSBC Bank PLC ................................................ 2,627,122 (2,627,122 ) — — J.P. Morgan Securities LLC ......................................... 10,458,769 (10,458,769 ) — — Morgan Stanley ................................................. 14,293,707 (14,293,707 ) — — SG Americas Securities LLC ........................................ 558,752 (558,752 ) — — UBS AG ...................................................... 92,736 (92,736 ) — — $ 65,577,376 $ (65,577,376 ) $ — $ — a MSCI Global Metals & Mining Producers Barclays Bank PLC ............................................... 219,201 (219,201 ) — — Barclays Capital, Inc. ............................................. 66,733 (66,733 ) — — BNP Paribas SA ................................................. 3,031,223 (3,031,223 ) — — BofA Securities, Inc. .............................................. 1,506,734 (1,506,734 ) — — Citigroup Global Markets, Inc. ........................................ 10,238,568 (10,238,568 ) — —

Truncated: This annotation is too large to fit. View the raw JSON.

{
  "annotation_id": "e25411ac-f632-424f-b26e-578f812cb6b2",
  "date_created": "2026-10-26T22:14:00.606000Z",
  "date_modified": "2026-10-26T22:14:00.606000Z",
  "file_hash": "65f3a954015cae2781c60b7b6e87b8b49d4563fd09fbaa5cf6d5d7134551601d",
  "private": false,
  "record": {
    "attributes": {
      "chunk_type": "page_range",
      "end_page": 44,
      "start_page": 1
    },
    "blocks": [
      {
        "block_type": "box",
        "box": {
          "height": 11,
          "width": 148,
          "x": 790,
          "y": 47
        },
        "id": "b180b6b6-87fd-435c-8ae0-7f30017de7f4",
        "page_number": 1,
        "text": "AUGUST 31, 2026"
      },
      {
        "block_type": "box",
        "box": {
          "height": 23,
          "width": 788,
          "x": 90,
          "y": 124
        },
        "id": "dac059f3-5b45-49ef-9569-4658743658c6",
        "page_number": 1,
        "text": "2026 Annual Financial Statements and"
      },
      {
        "block_type": "box",
        "box": {
          "height": 24,
          "width": 462,
          "x": 89,
          "y": 157
        },
        "id": "1d7b7cca-c1d7-4bee-91e5-e998024b45f0",
        "page_number": 1,
        "text": "Additional Information"
      },
      {
        "block_type": "box",
        "box": {
          "height": 13,
          "width": 108,
          "x": 61,
          "y": 245
        },
        "id": "f7289b00-3a19-4189-8d10-9fdc75389f7d",
        "page_number": 1,
        "text": "iShares, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 11,
          "x": 62,
          "y": 272
        },
        "id": "45f2ea1a-464a-44cb-ab20-2811467934ef",
        "page_number": 1,
        "text": "\u2022"
      },
      {
        "block_type": "box",
        "box": {
          "height": 12,
          "width": 467,
          "x": 78,
          "y": 271
        },
        "id": "bdd353e8-8d6b-4d63-b746-c16ff1ff6d04",
        "page_number": 1,
        "text": "iShares MSCI Agriculture Producers ETF | VEGI | NYSE Arca"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 11,
          "x": 62,
          "y": 291
        },
        "id": "dc4f5416-12fb-4533-bccf-812f99ad256f",
        "page_number": 1,
        "text": "\u2022"
      },
      {
        "block_type": "box",
        "box": {
          "height": 11,
          "width": 435,
          "x": 78,
          "y": 290
        },
        "id": "9265b484-2f5b-4896-a020-06cf8ad52dda",
        "page_number": 1,
        "text": "iShares MSCI Global Gold Miners ETF | RING | NASDAQ"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 11,
          "x": 62,
          "y": 311
        },
        "id": "3252ba27-f889-4b07-9ad4-9841a9c629f7",
        "page_number": 1,
        "text": "\u2022"
      },
      {
        "block_type": "box",
        "box": {
          "height": 13,
          "width": 641,
          "x": 78,
          "y": 309
        },
        "id": "95a7beb5-3b17-4588-8164-a6a7c070cedf",
        "page_number": 1,
        "text": "iShares MSCI Global Metals \u0026 Mining Producers ETF | PICK | Cboe BZX Exchange"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 11,
          "x": 62,
          "y": 330
        },
        "id": "12a680ee-ae59-4768-b546-7b65eb5356dd",
        "page_number": 1,
        "text": "\u2022"
      },
      {
        "block_type": "box",
        "box": {
          "height": 12,
          "width": 624,
          "x": 78,
          "y": 329
        },
        "id": "8dcc3564-5c55-4bbb-b3bb-3e4522d7c983",
        "page_number": 1,
        "text": "iShares MSCI Global Silver and Metals Miners ETF | SLVP | Cboe BZX Exchange"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 138,
          "x": 757,
          "y": 969
        },
        "id": "5806b419-e2f7-494e-933e-881e6d5de32b",
        "page_number": 1,
        "text": "NM1026U-6054732-1/44"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 25,
          "x": 944,
          "y": 91
        },
        "id": "debef02b-d2af-44cc-8851-a46f3d98a5e5",
        "page_number": 2,
        "text": "Page"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 6,
          "x": 962,
          "y": 967
        },
        "id": "8299662f-568d-4779-a0d9-fc54a5f36a73",
        "page_number": 2,
        "text": "2"
      },
      {
        "block_type": "box",
        "box": {
          "height": 13,
          "width": 156,
          "x": 30,
          "y": 31
        },
        "id": "a8e6e3af-b702-4e36-a72c-2cb2003ea2bc",
        "page_number": 2,
        "text": "Table of Contents"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 126,
          "x": 30,
          "y": 107
        },
        "id": "14aab42b-fd45-41ab-918d-4dbeebaf8f4b",
        "page_number": 2,
        "text": "Schedules of Investments"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 762,
          "x": 165,
          "y": 114
        },
        "id": "22e1dd6a-f272-4833-adc5-f5317ab79f44",
        "page_number": 2,
        "text": "................................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 6,
          "x": 963,
          "y": 107
        },
        "id": "1d2f66e3-09aa-4264-a882-0026c22a959a",
        "page_number": 2,
        "text": "3"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 173,
          "x": 30,
          "y": 122
        },
        "id": "f074406c-d720-465c-be58-cbb3605738c2",
        "page_number": 2,
        "text": "Statements of Assets and Liabilities"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 714,
          "x": 213,
          "y": 129
        },
        "id": "677d20fe-9d0a-4170-bcfc-78ba8385aada",
        "page_number": 2,
        "text": "..........................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 11,
          "x": 958,
          "y": 122
        },
        "id": "e41a7e22-3bbc-46f4-9b7d-dbbde2e02e6f",
        "page_number": 2,
        "text": "18"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 125,
          "x": 30,
          "y": 137
        },
        "id": "42bd0674-6aea-4d6b-b778-189a898fd8bb",
        "page_number": 2,
        "text": "Statements of Operations"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 762,
          "x": 165,
          "y": 144
        },
        "id": "e8fb41df-e12c-4cf5-a281-c7f2400aba38",
        "page_number": 2,
        "text": "................................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 11,
          "x": 958,
          "y": 137
        },
        "id": "6517f745-7ff0-465d-9eb1-dd27ff7a40c2",
        "page_number": 2,
        "text": "19"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 182,
          "x": 30,
          "y": 152
        },
        "id": "3d51b5d6-b407-4f34-9622-f0def296e03b",
        "page_number": 2,
        "text": "Statements of Changes in Net Assets"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 706,
          "x": 221,
          "y": 159
        },
        "id": "b8a65af0-7ae6-4303-b4f1-b7e777db2fc6",
        "page_number": 2,
        "text": ".........................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 12,
          "x": 957,
          "y": 152
        },
        "id": "a181d8a0-d804-4ed4-a40e-fb9c5d07e010",
        "page_number": 2,
        "text": "20"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 94,
          "x": 31,
          "y": 167
        },
        "id": "2d09e0d2-cedd-494c-af87-ea874d681526",
        "page_number": 2,
        "text": "Financial Highlights"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 793,
          "x": 134,
          "y": 174
        },
        "id": "cdb7ad36-06e9-4752-80ca-2df1ec40da2f",
        "page_number": 2,
        "text": "....................................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 12,
          "x": 957,
          "y": 167
        },
        "id": "a1701e8d-0cde-4da6-83c7-90c0fa1c37f4",
        "page_number": 2,
        "text": "22"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 146,
          "x": 31,
          "y": 182
        },
        "id": "22854660-2a46-4859-b7fb-d84c11abeeb7",
        "page_number": 2,
        "text": "Notes to Financial Statements"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 746,
          "x": 181,
          "y": 189
        },
        "id": "f6818498-042b-4511-91ba-e2b2e45798d0",
        "page_number": 2,
        "text": "..............................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 12,
          "x": 957,
          "y": 182
        },
        "id": "ab6477bb-385d-4b07-a9f0-c4e7f5d04d09",
        "page_number": 2,
        "text": "26"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 280,
          "x": 31,
          "y": 197
        },
        "id": "c9bd2907-0308-4cc4-9f65-350315ec1d45",
        "page_number": 2,
        "text": "Report of Independent Registered Public Accounting Firm"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 611,
          "x": 316,
          "y": 204
        },
        "id": "fe9583cc-20c7-42dc-9fd1-9fc49e16d939",
        "page_number": 2,
        "text": ".............................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 12,
          "x": 957,
          "y": 197
        },
        "id": "4d654076-7254-47d8-a1a0-3ce1166d1472",
        "page_number": 2,
        "text": "36"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 123,
          "x": 31,
          "y": 212
        },
        "id": "0659235f-f2e8-4193-b0c9-c9dd21d74f87",
        "page_number": 2,
        "text": "Important Tax Information"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 762,
          "x": 165,
          "y": 219
        },
        "id": "63094af9-d508-478b-9a3d-015a16b904e5",
        "page_number": 2,
        "text": "................................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 12,
          "x": 957,
          "y": 212
        },
        "id": "e7b6172d-dda7-4ebc-83a2-518622be61e9",
        "page_number": 2,
        "text": "37"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 106,
          "x": 30,
          "y": 227
        },
        "id": "bc1c3051-665f-48ad-b962-6f19b1ce8f60",
        "page_number": 2,
        "text": "Additional Information"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 777,
          "x": 150,
          "y": 234
        },
        "id": "654ad936-0f21-4375-bc74-8a7a7d89ec35",
        "page_number": 2,
        "text": "..................................................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 12,
          "x": 957,
          "y": 227
        },
        "id": "c001116f-29e1-4b64-8d03-e719df1a9f24",
        "page_number": 2,
        "text": "38"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 294,
          "x": 31,
          "y": 242
        },
        "id": "ad151a5b-427b-458f-a94d-192812d36ab4",
        "page_number": 2,
        "text": "Board Review and Approval of Investment Advisory Contract"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 587,
          "x": 340,
          "y": 249
        },
        "id": "9b6c7510-c2bf-45e5-91a4-f8e0e9adab06",
        "page_number": 2,
        "text": "..........................................................................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 12,
          "x": 957,
          "y": 242
        },
        "id": "4443341b-b785-4fcb-9e97-1d5821ae0a3d",
        "page_number": 2,
        "text": "40"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 265,
          "x": 30,
          "y": 257
        },
        "id": "6e59c0f2-0f1d-469d-8c3a-bdc2e8d5f25f",
        "page_number": 2,
        "text": "Glossary of Terms Used in these Financial Statements"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 627,
          "x": 300,
          "y": 264
        },
        "id": "8d4e0eef-ef74-4130-af69-ae4b6b28fc4a",
        "page_number": 2,
        "text": "................................................................................"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 12,
          "x": 957,
          "y": 257
        },
        "id": "33983feb-a91d-437c-8abb-dbe7e231e3b4",
        "page_number": 2,
        "text": "43"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 138,
          "x": 757,
          "y": 969
        },
        "id": "6bd423be-f9f6-4eb5-b137-9fc015c25e88",
        "page_number": 2,
        "text": "NM1026U-6054732-2/44"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 48,
          "x": 697,
          "y": 30
        },
        "id": "7f269b4e-8ec2-41b3-9581-d08e23245f15",
        "page_number": 3,
        "text": "iShares"
      },
      {
        "block_type": "box",
        "box": {
          "height": 5,
          "width": 6,
          "x": 746,
          "y": 30
        },
        "id": "39b1efa1-69e2-4c78-a1ee-2372d31814c1",
        "page_number": 3,
        "text": "\u00ae"
      },
      {
        "block_type": "box",
        "box": {
          "height": 14,
          "width": 210,
          "x": 31,
          "y": 30
        },
        "id": "61a7f65c-cb30-4e46-ab78-d51f6775450f",
        "page_number": 3,
        "text": "Schedule of Investments"
      },
      {
        "block_type": "box",
        "box": {
          "height": 12,
          "width": 217,
          "x": 752,
          "y": 30
        },
        "id": "6217119d-915c-4a29-8be6-67c49a97c3a2",
        "page_number": 3,
        "text": "\u00ae\r\n MSCI Agriculture Producers ETF"
      },
      {
        "block_type": "box",
        "box": {
          "height": 11,
          "width": 90,
          "x": 30,
          "y": 55
        },
        "id": "c4c01070-471a-44ed-ba95-1599fa758071",
        "page_number": 3,
        "text": "August 31, 2026"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 241,
          "x": 728,
          "y": 45
        },
        "id": "5efb2aa8-2bb7-4bba-9952-0947a1ab9da9",
        "page_number": 3,
        "text": "(Percentages shown are based on Net Assets)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 7,
          "x": 30,
          "y": 968
        },
        "id": "bd68ee56-a00e-41c8-9d11-8b8b1e5aac28",
        "page_number": 3,
        "text": "S"
      },
      {
        "block_type": "box",
        "box": {
          "height": 5,
          "width": 55,
          "x": 41,
          "y": 970
        },
        "id": "6576b2c1-96e3-4173-9509-55e07736c1c3",
        "page_number": 3,
        "text": "c h e d u l e"
      },
      {
        "block_type": "box",
        "box": {
          "height": 5,
          "width": 13,
          "x": 107,
          "y": 970
        },
        "id": "cb9c509f-e839-4c54-b401-cf536f717469",
        "page_number": 3,
        "text": "o f"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 1,
          "x": 131,
          "y": 968
        },
        "id": "6341e81c-4571-4948-b3a7-ae829cd91c0a",
        "page_number": 3,
        "text": "I"
      },
      {
        "block_type": "box",
        "box": {
          "height": 5,
          "width": 21,
          "x": 137,
          "y": 970
        },
        "id": "bc06174e-b153-432d-bce6-9f88ae8770b5",
        "page_number": 3,
        "text": "n v e"
      },
      {
        "block_type": "box",
        "box": {
          "height": 5,
          "width": 5,
          "x": 162,
          "y": 970
        },
        "id": "c47c552f-5c14-48c9-99fd-57545a2c4fb4",
        "page_number": 3,
        "text": "s"
      },
      {
        "block_type": "box",
        "box": {
          "height": 5,
          "width": 40,
          "x": 170,
          "y": 970
        },
        "id": "38002ecb-c12f-462d-b8cd-1c63d8338dd7",
        "page_number": 3,
        "text": "t m e n t"
      },
      {
        "block_type": "box",
        "box": {
          "height": 5,
          "width": 5,
          "x": 213,
          "y": 970
        },
        "id": "07e74e41-12d3-42f8-9310-9021a71be089",
        "page_number": 3,
        "text": "s"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 6,
          "x": 963,
          "y": 968
        },
        "id": "c132f404-deb2-4703-946e-aae0b8c4bf17",
        "page_number": 3,
        "text": "3"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 39,
          "x": 31,
          "y": 94
        },
        "id": "468aaf4e-5dbb-47ea-a70a-d188bb1fa7b2",
        "page_number": 3,
        "text": "Security"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 34,
          "x": 341,
          "y": 94
        },
        "id": "8ab68ca1-a85b-40fe-885e-c733282caf34",
        "page_number": 3,
        "text": "Shares"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 25,
          "x": 454,
          "y": 94
        },
        "id": "c096dd6f-0155-484c-937b-bc2c8c8e776d",
        "page_number": 3,
        "text": "Value"
      },
      {
        "block_type": "box",
        "box": {
          "height": 4,
          "width": 4,
          "x": 30,
          "y": 109
        },
        "id": "6e079346-d39a-427e-b48a-5cdcbdf63835",
        "page_number": 3,
        "text": "a"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 108,
          "x": 30,
          "y": 119
        },
        "id": "f0ce27cf-5a9b-4a4c-924d-43e3d94a81ae",
        "page_number": 3,
        "text": "Common Stocks"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 47,
          "x": 30,
          "y": 140
        },
        "id": "c88321ff-e12b-4ac6-b437-4ddffb3e7fdf",
        "page_number": 3,
        "text": "Australia"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 11,
          "x": 80,
          "y": 144
        },
        "id": "892c04ba-49be-4e61-adb7-eab9c665dcd7",
        "page_number": 3,
        "text": "\u2014"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 5,
          "x": 95,
          "y": 140
        },
        "id": "8a41a8cd-f06b-446a-8474-73474df1a448",
        "page_number": 3,
        "text": "0"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 8,
          "x": 101,
          "y": 140
        },
        "id": "e1137980-1d40-4ad8-8fdb-ba52728bc599",
        "page_number": 3,
        "text": ".6"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 9,
          "x": 110,
          "y": 140
        },
        "id": "3a56b669-2fda-449c-b483-bd06a0e8a175",
        "page_number": 3,
        "text": "%"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 128,
          "x": 30,
          "y": 153
        },
        "id": "ec11d2b7-a427-4312-8563-0967ed571a35",
        "page_number": 3,
        "text": "Cobram Estate Olives Ltd."
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 131,
          "x": 160,
          "y": 159
        },
        "id": "1d3bfb7c-faa8-40fe-aab1-eea690fdbedb",
        "page_number": 3,
        "text": "..................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 33,
          "x": 342,
          "y": 153
        },
        "id": "099a125f-853a-45d6-bde1-b037f2700fc1",
        "page_number": 3,
        "text": "96,783"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 5,
          "x": 388,
          "y": 152
        },
        "id": "1b2e8658-6c9c-4aa0-94a2-223b8194f0ce",
        "page_number": 3,
        "text": "$"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 39,
          "x": 435,
          "y": 153
        },
        "id": "35130453-af24-45c1-a1f8-99934952a3df",
        "page_number": 3,
        "text": "200,435"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 51,
          "x": 31,
          "y": 165
        },
        "id": "1cfdc47f-105d-4177-b692-018290c98fa5",
        "page_number": 3,
        "text": "Elders Ltd."
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 203,
          "x": 88,
          "y": 172
        },
        "id": "d27b1b88-83d7-435e-ab0d-f6ccddaf7e47",
        "page_number": 3,
        "text": "............................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 33,
          "x": 342,
          "y": 165
        },
        "id": "1358586e-9a77-45c5-992a-cecb1c2661bd",
        "page_number": 3,
        "text": "53,768"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 39,
          "x": 435,
          "y": 165
        },
        "id": "2e51a075-de94-4c8b-b3f7-7c2981fe3a5f",
        "page_number": 3,
        "text": "231,517"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 71,
          "x": 30,
          "y": 178
        },
        "id": "771db69e-e9be-44dd-9b7b-5284369a3fc6",
        "page_number": 3,
        "text": "GrainCorp Ltd."
      },
      {
        "block_type": "box",
        "box": {
          "height": 3,
          "width": 1,
          "x": 103,
          "y": 184
        },
        "id": "cb024605-2969-4f2e-bdf6-0fee2b25deaa",
        "page_number": 3,
        "text": ","
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 37,
          "x": 109,
          "y": 178
        },
        "id": "fa7c4a9d-9715-420b-8cad-eea15ee3ad4e",
        "page_number": 3,
        "text": "Class A"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 138,
          "x": 153,
          "y": 184
        },
        "id": "1e480cc1-af79-486f-82d3-dbf6262543dd",
        "page_number": 3,
        "text": "...................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 33,
          "x": 342,
          "y": 178
        },
        "id": "ac78f9cf-7fe9-4277-b4f8-663eaaaf609e",
        "page_number": 3,
        "text": "61,918"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 39,
          "x": 435,
          "y": 178
        },
        "id": "3f939bdb-2d94-408c-a7a0-8f01cfb6db8c",
        "page_number": 3,
        "text": "274,005"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 56,
          "x": 31,
          "y": 191
        },
        "id": "0d0dc005-f07c-488f-bf3a-63cc82a7001f",
        "page_number": 3,
        "text": "Nufarm Ltd."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 7,
          "x": 88,
          "y": 190
        },
        "id": "5edce987-70f2-43dd-94f7-785f1668d639",
        "page_number": 3,
        "text": "(a)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 188,
          "x": 103,
          "y": 197
        },
        "id": "e67dc32a-918f-4714-bf61-dcfe5e4f9447",
        "page_number": 3,
        "text": "..........................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 33,
          "x": 342,
          "y": 191
        },
        "id": "8352305b-414b-41e8-86cb-6435aa2a47c6",
        "page_number": 3,
        "text": "90,288"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 39,
          "x": 435,
          "y": 191
        },
        "id": "11dde4b5-b740-4849-90e9-56bafed1a6d7",
        "page_number": 3,
        "text": "204,836"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 39,
          "x": 435,
          "y": 206
        },
        "id": "7c88a873-78cd-4e38-82d2-8b3863675b2e",
        "page_number": 3,
        "text": "910,793"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 0,
          "x": 302,
          "y": 219
        },
        "id": "fe00dedc-6290-40aa-bf54-852f5ee33735",
        "page_number": 3,
        "text": "a"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 28,
          "x": 31,
          "y": 225
        },
        "id": "15097dd1-b01c-4da9-b120-deaad0e7477b",
        "page_number": 3,
        "text": "Brazil"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 11,
          "x": 63,
          "y": 229
        },
        "id": "2ea25ec7-477b-4b57-93f8-2965c4e46e32",
        "page_number": 3,
        "text": "\u2014"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 5,
          "x": 78,
          "y": 225
        },
        "id": "b98539f0-461f-4a9a-9a97-606a3a8e55e4",
        "page_number": 3,
        "text": "0"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 8,
          "x": 84,
          "y": 225
        },
        "id": "8c54ed60-9a69-44c6-bd45-1b500d191a86",
        "page_number": 3,
        "text": ".3"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 9,
          "x": 93,
          "y": 225
        },
        "id": "5cc096bb-539b-44d3-a1e1-a627aeded9ce",
        "page_number": 3,
        "text": "%"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 83,
          "x": 30,
          "y": 238
        },
        "id": "8a17b36e-c2e5-468d-8ffb-73ba98b503ed",
        "page_number": 3,
        "text": "Sao Martinho SA"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 174,
          "x": 117,
          "y": 244
        },
        "id": "f9b011ef-96e8-4730-b2fe-8eab68d0a921",
        "page_number": 3,
        "text": "........................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 33,
          "x": 342,
          "y": 238
        },
        "id": "970c6145-c933-4b8b-94a7-3d31d0350ef3",
        "page_number": 3,
        "text": "41,580"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 38,
          "x": 436,
          "y": 238
        },
        "id": "32a830af-6530-4e5a-bf4c-27507ef78b4f",
        "page_number": 3,
        "text": "158,487"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 81,
          "x": 30,
          "y": 250
        },
        "id": "9200cc72-7976-4c23-aec7-8495bd50438b",
        "page_number": 3,
        "text": "SLC Agricola SA"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 174,
          "x": 117,
          "y": 257
        },
        "id": "991ab741-2f70-4dc1-903f-375770c16808",
        "page_number": 3,
        "text": "........................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 31,
          "x": 342,
          "y": 251
        },
        "id": "48b8b125-5822-4554-a2c8-b7e4b0232789",
        "page_number": 3,
        "text": "55,571"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 38,
          "x": 436,
          "y": 251
        },
        "id": "9783af89-0f3f-414f-b0b4-32ad161e3e71",
        "page_number": 3,
        "text": "172,347"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 145,
          "x": 30,
          "y": 263
        },
        "id": "88d0e159-cb9e-4b41-a740-73b88ced4bf9",
        "page_number": 3,
        "text": "Tres Tentos Agroindustrial SA"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 109,
          "x": 182,
          "y": 270
        },
        "id": "a60374a3-4978-450f-a3c6-3aace87efdb7",
        "page_number": 3,
        "text": "................"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 33,
          "x": 342,
          "y": 263
        },
        "id": "ca5ae3a9-80c3-4c3c-8657-ee9face5e829",
        "page_number": 3,
        "text": "31,219"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 33,
          "x": 441,
          "y": 263
        },
        "id": "9397a54c-57b3-4eca-8b40-468c7203824e",
        "page_number": 3,
        "text": "69,348"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 39,
          "x": 435,
          "y": 279
        },
        "id": "ced08f4a-11f1-4964-9e3e-916575d1b047",
        "page_number": 3,
        "text": "400,182"
      },
      {
        "block_type": "box",
        "box": {
          "height": 0,
          "width": 0,
          "x": 302,
          "y": 292
        },
        "id": "e8fca821-e6b4-4382-bf4d-7e34b0dc9e9d",
        "page_number": 3,
        "text": "a"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 39,
          "x": 30,
          "y": 298
        },
        "id": "c96f437a-743d-4dd2-ba50-ece82724075a",
        "page_number": 3,
        "text": "Canada"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 11,
          "x": 73,
          "y": 302
        },
        "id": "a6ce5058-a185-4f0c-ac81-32cd2d2e7ad5",
        "page_number": 3,
        "text": "\u2014"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 6,
          "x": 87,
          "y": 298
        },
        "id": "89d19f25-4bef-4a18-9eec-6fbf762989a8",
        "page_number": 3,
        "text": "6"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 8,
          "x": 94,
          "y": 298
        },
        "id": "5027f605-5c5e-4c8c-9bd0-0728659dca08",
        "page_number": 3,
        "text": ".8"
      },
      {
        "block_type": "box",
        "box": {
          "height": 7,
          "width": 9,
          "x": 103,
          "y": 298
        },
        "id": "b4ecb1b7-8b99-40e1-8d78-27057d9e2a3e",
        "page_number": 3,
        "text": "%"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 110,
          "x": 31,
          "y": 310
        },
        "id": "b729d491-a9ba-40bf-ade8-6c6b4e8c3b7f",
        "page_number": 3,
        "text": "Maple Leaf Foods, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 145,
          "x": 146,
          "y": 317
        },
        "id": "afeb36ae-36b0-445c-aed0-b55f765b0870",
        "page_number": 3,
        "text": "....................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 33,
          "x": 342,
          "y": 310
        },
        "id": "a507caae-59bd-44e2-9808-5873a5c55416",
        "page_number": 3,
        "text": "20,889"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 37,
          "x": 436,
          "y": 310
        },
        "id": "448e0143-beb7-4e6c-a926-aa8f02214e01",
        "page_number": 3,
        "text": "400,311"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 55,
          "x": 31,
          "y": 323
        },
        "id": "2955577d-1193-4136-85cb-2e2a714a8096",
        "page_number": 3,
        "text": "Nutrien Ltd."
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 203,
          "x": 88,
          "y": 330
        },
        "id": "7ca3ce6f-3dd8-48d3-a1b1-a491c5505c47",
        "page_number": 3,
        "text": "............................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 38,
          "x": 337,
          "y": 323
        },
        "id": "053abd28-f024-49e7-a792-778f0fc2046c",
        "page_number": 3,
        "text": "133,838"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 53,
          "x": 421,
          "y": 323
        },
        "id": "4363aa97-bf2d-459b-8fa2-7540c353edfc",
        "page_number": 3,
        "text": "10,095,187"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 89,
          "x": 31,
          "y": 336
        },
        "id": "741bc563-ff90-4364-b088-93502f690388",
        "page_number": 3,
        "text": "Rogers Sugar, Inc."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 7,
          "x": 122,
          "y": 335
        },
        "id": "2facc309-7a77-43b7-aa2a-fb1c401c4e6f",
        "page_number": 3,
        "text": "(b)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 159,
          "x": 132,
          "y": 342
        },
        "id": "04017b2c-d96d-494d-9826-b47d7440201a",
        "page_number": 3,
        "text": "......................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 33,
          "x": 342,
          "y": 336
        },
        "id": "2e83ae29-e3ed-41db-8d5e-87a1217eb7c6",
        "page_number": 3,
        "text": "31,285"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 38,
          "x": 436,
          "y": 336
        },
        "id": "6d568085-2b94-4ed1-b335-3a0c470c7faf",
        "page_number": 3,
        "text": "153,045"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 53,
          "x": 421,
          "y": 351
        },
        "id": "24c85d45-3cfc-45eb-9eaf-3200c3fca328",
        "page_number": 3,
        "text": "10,648,543"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 0,
          "x": 302,
          "y": 364
        },
        "id": "f0840f3f-f3a7-461e-ad4b-b1ca5f0d461d",
        "page_number": 3,
        "text": "a"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 30,
          "x": 30,
          "y": 370
        },
        "id": "31ab128e-3b6d-48d7-8019-301100288fa5",
        "page_number": 3,
        "text": "China"
      },
      {
        "block_type": "box",
        "box": {
          "height": 2,
          "width": 11,
          "x": 64,
          "y": 374
        },
        "id": "2c6c8336-d776-4f4f-9059-be8820c38413",
        "page_number": 3,
        "text": "\u2014"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 5,
          "x": 78,
          "y": 370
        },
        "id": "b938a9fb-3c3d-4671-90c1-de7d1050e2be",
        "page_number": 3,
        "text": "2"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 8,
          "x": 85,
          "y": 370
        },
        "id": "cffc51ee-126c-41fe-8ad0-1957ffb283a4",
        "page_number": 3,
        "text": ".4"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 8,
          "x": 94,
          "y": 370
        },
        "id": "c125aecd-3033-4090-80f7-daaee14b41d2",
        "page_number": 3,
        "text": "%"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 120,
          "x": 30,
          "y": 383
        },
        "id": "e4ec8fa8-0582-4446-8b96-538e5594758d",
        "page_number": 3,
        "text": "China BlueChemical Ltd."
      },
      {
        "block_type": "box",
        "box": {
          "height": 3,
          "width": 1,
          "x": 152,
          "y": 389
        },
        "id": "c186ac9c-8a14-401d-8d5f-80ad9aaedefa",
        "page_number": 3,
        "text": ","
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 37,
          "x": 158,
          "y": 383
        },
        "id": "338ca9ed-e14a-4fa9-84bd-f1995561b838",
        "page_number": 3,
        "text": "Class H"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 88,
          "x": 203,
          "y": 389
        },
        "id": "408c4dd8-02b9-41f1-bc06-3d57b0bf3df4",
        "page_number": 3,
        "text": "............."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 40,
          "x": 335,
          "y": 383
        },
        "id": "56c06f3c-f964-4697-a558-b5caa7267836",
        "page_number": 3,
        "text": "456,000"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 37,
          "x": 437,
          "y": 383
        },
        "id": "61873398-65f8-4a35-95f7-3d197a07a3cf",
        "page_number": 3,
        "text": "112,912"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 165,
          "x": 30,
          "y": 396
        },
        "id": "ad1e8fcb-a6dc-4aeb-84f0-15f97ccd084a",
        "page_number": 3,
        "text": "China Modern Dairy Holdings Ltd."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 7,
          "x": 196,
          "y": 395
        },
        "id": "f83f27f6-1d88-4fd7-8fd3-2b409db05d4c",
        "page_number": 3,
        "text": "(a)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 7,
          "x": 204,
          "y": 395
        },
        "id": "5b0e221b-62e6-4b69-9e4b-4c4c9d97173c",
        "page_number": 3,
        "text": "(b)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 73,
          "x": 218,
          "y": 402
        },
        "id": "8532c1aa-7bef-409e-8a68-0e47a93f46ea",
        "page_number": 3,
        "text": "..........."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 39,
          "x": 336,
          "y": 396
        },
        "id": "2f5cecdd-fdb8-4d95-9964-329fc6fbbc26",
        "page_number": 3,
        "text": "828,000"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 37,
          "x": 437,
          "y": 396
        },
        "id": "3a334325-dbbc-4e71-99e6-8b6600679d99",
        "page_number": 3,
        "text": "154,115"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 119,
          "x": 30,
          "y": 408
        },
        "id": "f00655d1-52f2-4e63-b94a-eb7f90f4a46c",
        "page_number": 3,
        "text": "China XLX Fertiliser Ltd."
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 138,
          "x": 153,
          "y": 415
        },
        "id": "fc6482d3-64d1-44fd-9fe9-c37e47ca2c59",
        "page_number": 3,
        "text": "...................."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 38,
          "x": 337,
          "y": 408
        },
        "id": "d15a0fac-ab6d-42a2-9e69-18c1342c30d8",
        "page_number": 3,
        "text": "163,000"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 39,
          "x": 435,
          "y": 408
        },
        "id": "12b42e4c-d9ea-41d7-ac40-fd35524a3731",
        "page_number": 3,
        "text": "231,729"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 149,
          "x": 30,
          "y": 421
        },
        "id": "8573684e-9eb6-4352-89d5-b92d27a3caa3",
        "page_number": 3,
        "text": "China Youran Dairy Group Ltd."
      },
      {
        "block_type": "box",
        "box": {
          "height": 5,
          "width": 7,
          "x": 181,
          "y": 421
        },
        "id": "f259ee7e-adcf-4d1b-b41c-048e5dec2f22",
        "page_number": 3,
        "text": "(a)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 5,
          "width": 7,
          "x": 188,
          "y": 421
        },
        "id": "2f452e8a-1518-45e0-9f0f-c1687be649cf",
        "page_number": 3,
        "text": "(c)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 88,
          "x": 203,
          "y": 427
        },
        "id": "b9cf110b-2355-4664-92da-94b46990fbb7",
        "page_number": 3,
        "text": "............."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 40,
          "x": 335,
          "y": 421
        },
        "id": "3b1f8b2e-a50e-419d-aed5-a1cd3ff6948c",
        "page_number": 3,
        "text": "470,000"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 39,
          "x": 435,
          "y": 421
        },
        "id": "33393543-be36-4147-9f27-31116959015d",
        "page_number": 3,
        "text": "243,183"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 141,
          "x": 30,
          "y": 434
        },
        "id": "a1755502-e5cb-4347-b6c0-cabfbc6b1d95",
        "page_number": 3,
        "text": "COFCO Joycome Foods Ltd."
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 7,
          "x": 173,
          "y": 433
        },
        "id": "8d749336-ed12-4df6-acaa-a38595da1e8a",
        "page_number": 3,
        "text": "(a)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 8,
          "x": 180,
          "y": 433
        },
        "id": "e82a3f5f-0a16-4fac-9c2d-dac20b7567e0",
        "page_number": 3,
        "text": "(b)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 102,
          "x": 189,
          "y": 440
        },
        "id": "62835a02-d3b5-44e3-b3a7-535c3d224913",
        "page_number": 3,
        "text": "..............."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 39,
          "x": 336,
          "y": 434
        },
        "id": "65be4255-f185-4c79-8173-2aede8d9d4f0",
        "page_number": 3,
        "text": "758,000"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 38,
          "x": 436,
          "y": 434
        },
        "id": "8231745c-47e3-4df1-ba06-6fe4f7b14ca9",
        "page_number": 3,
        "text": "102,936"
      },
      {
        "block_type": "box",
        "box": {
          "height": 10,
          "width": 170,
          "x": 31,
          "y": 446
        },
        "id": "900956b1-3e9a-4006-8cb9-3e6e34dc09d4",
        "page_number": 3,
        "text": "Dekon Food And Agriculture Group"
      },
      {
        "block_type": "box",
        "box": {
          "height": 2,
          "width": 1,
          "x": 202,
          "y": 453
        },
        "id": "cd510cbf-9ef6-4435-8007-50c349406a6d",
        "page_number": 3,
        "text": ","
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 37,
          "x": 208,
          "y": 446
        },
        "id": "723e7120-6e30-4de9-b1cc-5201770e9542",
        "page_number": 3,
        "text": "Class H"
      },
      {
        "block_type": "box",
        "box": {
          "height": 6,
          "width": 7,
          "x": 246,
          "y": 446
        },
        "id": "0a69f319-7723-444c-8825-e6c386e073ef",
        "page_number": 3,
        "text": "(a)"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 30,
          "x": 261,
          "y": 453
        },
        "id": "fa3e0e87-8d9d-4e7b-99e7-fa60ecaa4443",
        "page_number": 3,
        "text": "....."
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 32,
          "x": 343,
          "y": 446
        },
        "id": "4f785222-a1d8-44f0-a8ee-b75f08b60e55",
        "page_number": 3,
        "text": "14,000"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width": 33,
          "x": 441,
          "y": 446
        },
        "id": "6bc3f2d6-9ca6-4164-ad30-26deb0398270",
        "page_number": 3,
        "text": "96,716"
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 99,
          "x": 31,
          "y": 459
        },
        "id": "37a8b121-5043-44c6-ac66-d7b2d3cb86f7",
        "page_number": 3,
        "text": "First Tractor Co. Ltd."
      },
      {
        "block_type": "box",
        "box": {
          "height": 2,
          "width": 2,
          "x": 131,
          "y": 466
        },
        "id": "302ff52c-5978-4322-9820-23e8695f5002",
        "page_number": 3,
        "text": ","
      },
      {
        "block_type": "box",
        "box": {
          "height": 8,
          "width": 37,
          "x": 137,
          "y": 459
        },
        "id": "94817c37-f424-497d-9628-14d89b00cc22",
        "page_number": 3,
        "text": "Class H"
      },
      {
        "block_type": "box",
        "box": {
          "height": 1,
          "width": 109,
          "x": 182,
          "y": 466
        },
        "id": "31ceb71e-8919-48ae-b19e-9c8b602525a0",
        "page_number": 3,
        "text": "................"
      },
      {
        "block_type": "box",
        "box": {
          "height": 9,
          "width":...