Company: SVIX
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087932
Chunk: 136

Company: VS Trust
Filing Date: 2025-09-16
Form: 424B3
Chunk 136
---
 from Yale University. From January 2021 to December 2021, he served as the CEO of The Library Shop, Inc. (overseeing operations at an e -commercebusiness); from September 2009 to December 2020, he served as a Portfolio Manager and the COO at Global X Management Company LLC (overseeing operations at an ETF sponsor). Charles Loweryholds a BS in Business Administration from Georgetown University. From April 2023 to January 2025, he served as the Head of Product Management at Volatility Shares LLC (overseeing portfolio management and operations at an Investment Adviser and ETF sponsor); from March 2017 to April 2023, he was Director of ETF Portfolio Management at Milliman Financial Risk Management LLC (overseeing portfolio management and operations at an ETF sponsor); and from October 2006 to July 2016, he was a portfolio manager at ProShare Advisors LLC (managing trading and portfolio management for ETFs).

79 Corpus Partners LLCbecame a Principal of the Sponsor on March14, 2025. It has a passive ownership interest in the Sponsor and exercises no management authority over the Funds. Justin Young Holdings LLCbecame a Principal of the Sponsor on March14, 2025. It has a passive ownership interest in the Sponsor and exercises no management authority over the Funds. Duties of the Sponsor The general fiduciary duties which would otherwise be imposed on the Sponsor (which would make its operation of the Trust as described herein impracticable due to the strict prohibition imposed by such duties on, for example, conflicts of interest on behalf of a fiduciary in its dealings with its beneficiaries), are replaced by the terms of the Trust Agreement (to which terms all shareholders, by subscribing to the Shares, are deemed to consent). The Trust Agreement provides that the Sponsor and its affiliates shall have no liability to the Trust or to any shareholder for any loss suffered by the Trust arising out of any action or inaction of the Sponsor or its affiliates or their respective directors, officers, shareholders, partners, members, managers or employees (the “Sponsor Related Parties”), if the Sponsor Related Parties, in good faith, determined that such course of conduct was in the best interests of the Funds and such course of conduct did not constitute gross negligence or willful misconduct by the Sponsor Related Parties. The Trust has agreed to indemnify the Sponsor Related Parties against claims, losses or liabilities based on their conduct relating to the Trust, providedthat the conduct resulting in the claims, losses or liabilities for