Company: EUO
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001193125-25-039791
Chunk: 28

Company: ProShares Trust II
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1C
Chunk 28
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 remediation of cybersecurity incidents. The Chief Technology Officer has more than 20 years of experience working in information technology-related roles within the financial services industry, a bachelor’s degree in electronics and communications and a master’s degree in computer science. The Cyber Security Task Force has oversight of the Sponsor’s cybersecurity risks, threats and incidents and is informed of such risks, threats and incidents through the Chief Technology Officer. The Cyber Security Task Force escalates any significant cybersecurity developments or incidents, even if not material to the Sponsor, to the Sponsor’s Core Business Services committee at its regularly scheduled meetings, the Sponsor’s full Management Team, or directly to the Chief Executive Officer, depending on the cybersecurity matter. Although the Funds have experienced cybersecurity incidents in the past, to date, the risks from cybersecurity threats, including as a result of any previous cybersecurity incidents, have not materially affected their operations, financial condition or investment objectives. See “Risk Factors” in Part I, Item 1A on this Annual Report for a discussion of the risks related to cybersecurity.