Company: SVIX
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004207
Chunk: 764

Company: VS Trust
Filing Date: 2025-03-28
Form: 10-K
Item: Item 5
Chunk 764
---
2019) 
    Chief Investment Officer (since 4/8/21)
  
    Chang
        Kim*
     
    Principal
        of the Sponsor (since 1/26/2022)
        Chief Compliance Officer (since 1/26/2022)
  
    Charles Lowery*
     
    Principal
        of the Sponsor (since 7/6/2023)
        Head of
        Product Management (since 7/6/2023)
  
    Manzone LLC
     
    Principal of the Sponsor (since 2/11/2021)

    *
    Denotes principal of the Sponsor who participates in
    making trading decisions for the Funds.

The following is a biographical summary of the
business experience of the executive officers of the Trust and the principals and significant employees of the Sponsor. Of the Principals
listed below, only Justin Young, Stuart Barton, Chang Kim, and Charles Lowery participate in making trading or operational decisions
for the Funds or supervise persons engaged in making trading or operational decisions for the Funds.

Justin Young holds a BA in American Studies
from Georgetown University. From April 2017 to December 2023, he served as Managing Partner of Invest In Vol LLC (overseeing operations
at an investment adviser); from August 2015 to April 2017, he was Vice President of Rex Shares LLC (overseeing product development
at an ETF sponsor); from April 2011 to August 2015 he was Head of Capital Markets for Global X Management Company LLC
(overseeing capital markets operations for an ETF sponsor); and from July 2009 to April 2011 he was an Associate of NYSE Euronext
(working on a number of listing matters for a national securities exchange).

Stuart Barton holds a PhD in Economic History
from the University of Cambridge, an MBA from the University of Surrey, and a B.Sc in engineering from the University of Cape Town. From
March 2017 to December 2023, he served as Managing Partner of Invest In Vol LLC (overseeing operations at an investment adviser);
from September 2016 to March 2017 he was Chief Investment Officer of Rex Shares (overseeing investments at an ETF sponsor);
from September 2014 to September 2017 he was Managing Partner at Corpus Capital Partners LLC (overseeing operations at a commodity
pool operator); from October 2010 to September 2014 he was a Ph.D. Candidate (completed Ph.D.)