GLOBAL X ETFS ICAV

(an umbrella fund with segregated liability between sub-funds)

10 Earlsfort Terrace

Dublin 2 D02 T380

Ireland

This document is important and requires your immediate attention. If you are in any doubt as

to the action you should take, you should seek advice from your investment consultant or other

professional advisors.

This document has not been reviewed by the Central Bank of Ireland (the "Central Bank").

If you have sold or transferred all of your shares in Global X Data Center Reits & Digital

Infrastructure UCITS ETF (the "Fund") please pass this document at once to the purchaser or

transferee or to the stockbroker, bank or other agent through whom the sale or transfer was

effected for transmission to the purchaser or transferee as soon as possible.

Capitalised terms used herein shall bear the same meaning as defined in the prospectus of

Global X ETFs ICAV (the "ICAV) dated 4 September 2023, as amended by the addendum

thereto dated 24 October 2023 (the "Prospectus") and the supplement in respect of the Fund,

dated 12 January 2024 (the "Supplement"). Copies of the Prospectus and Supplement are

available upon request during normal business hours from the registered office of the ICAV.

2 May 2024

RE: Notification of amendments to the supplement of the Fund.

Dear Investors

The ICAV is an open-ended investment vehicle with variable capital organised under the laws of

Ireland and is authorised by the Central Bank pursuant to the European Communities (Undertakings

for Collective Investment in Transferable Securities) Regulations 2011, as amended. The Fund is a

sub-fund of the ICAV.

We want to inform you that the Fund does not qualify as an equity fund (Aktienfonds) for German tax

purposes and the partial tax exemption (Teilfreistellung) available for equity funds under the German

Investment Tax Act (Investmentsteuergesetz) is not applicable to the Fund and, therefore, the ICAV

will not be in a position to provide evidence that the investments of the Fund exceed the equity ratio

threshold for equity funds under the German Investment Tax Act.

This affects both retrospective and prospective financial outcomes related to the Fund for investors in

the Fund which are tax resident in Germany. Investors who have previously claimed this tax benefit

under the German Investment Tax Act should consult their tax advisors and inform their custodians

with whom they have deposited their fund units and should promptly communicate with their local

German tax authorities to rectify their tax records in accordance with this.

The "Taxation" section "German Investment Tax Act" in the Supplement for the Fund will be

removed:

"German Investment Tax Act

The ICAV seeks to maintain "equity fund" status for the Fund pursuant to Section 2 para. 6 and 7 of

the German Investment Tax Act 2018. Investors should consult their own professional advisers as to

the implications of the Fund maintaining "equity fund" status pursuant to the German Investment Tax

Act 2018. As at the date of this Fund Supplement, at least 51% of the Fund's assets will be continuously invested in equity assets as defined in Section 2 para. 8 of the German Investment Tax

Act 2018."

The revised Supplement will be updated on, or around, May 2024, subject to the approval of the

Central Bank.

Should you have any questions relating to the changes detailed above, you should contact your local

agent, or (if none) Global X ETFs on +44 (0)20 4529 2551 or europe@globalxetfs.com , or

alternatively you should contact your investment consultant, tax adviser and/or legal adviser as

appropriate.

Yours faithfully,

_______________

Director

For and on behalf of

Global X ETFs ICAV

Registered Office: as above

Registration Number: C435449

Directors: Feargal Dempsey, Mary Canning and Robert Oliver (UK)