# EDGAR Filing Document

**Accession Number:** 0000076721
**File Stem:** 0002071691-26-002978
**Filing Date:** 2026-2
**Character Count:** 51798
**Document Hash:** 7de2abde9d5f1154d44e63a8f9f84e88
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-002978.hdr.sgml**: 20260223

**ACCESSION NUMBER**: 0002071691-26-002978

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260223

**DATE AS OF CHANGE**: 20260223

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** IMPAX FUNDS SERIES TRUST I
- **CENTRAL INDEX KEY:** 0000076721

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02064
- **FILM NUMBER:** 26664595

**BUSINESS ADDRESS:**
- **STREET 1:** 30 PENHALLOW STREET, SUITE 400
- **CITY:** PORTSMOUTH
- **STATE:** NH
- **ZIP:** 03801-3852
- **BUSINESS PHONE:** 800-767-1729

**MAIL ADDRESS:**
- **STREET 1:** 30 PENHALLOW STREET, SUITE 400
- **CITY:** PORTSMOUTH
- **STATE:** NH
- **ZIP:** 03801-3852

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAX WORLD FUNDS SERIES TRUST I
- **DATE OF NAME CHANGE:** 20070831

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAX WORLD BALANCED FUND
- **DATE OF NAME CHANGE:** 20061113

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAX WORLD BALANCED FUND INC
- **DATE OF NAME CHANGE:** 20040624

## Series and Classes Contracts Data

### Impax International Sustainable Economy Fund (Series ID: S000044216)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000137561 | Institutional Class | PXNIX           |
| C000137562 | Investor Class      | PXINX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** IMPAX FUNDS SERIES TRUST I

- **b. Investment Company Act file number:** 811-02064

- **c. CIK number of Registrant:** 0000076721

- **d. LEI of Registrant:** 549300TD5R23SWU72456

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 30 Penhallow St., Suite 100

  - **City:** Portsmouth

  - **State:** NH

  - **Foreign country:** US

  - **Zip / Postal Code:** 03801

  - **Telephone number:** 603-431-8022

**Item A.2. Information about the Series.**

- **a. Name of Series:** Impax International Sustainable Economy Fund

- **b. EDGAR series identifier (if any):** S000044216

- **c. LEI of Series:** 5493001G1B6NH621FW86

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1596240316.81

**Total Liabilities:** $616492.62

**Net Assets:** $1595623824.19

**Cash Not Reported:** $6564369.57

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000137561 | 1.38%                | 1.20%                | 1.85%                |
| Class ID C000137562 | 1.35%                | 1.17%                | 1.92%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $45043.52                | $20553854.15                               |
| Month 2  | $-14999.15               | $16771955.73                               |
| Month 3  | $5832478.39              | $24009758.54                               |

### Schedule of Portfolio Investments

| Name                                           | Title                                                   | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Barratt Redrow plc                             | Barratt Redrow plc                                      | CUSIP: N/A<br>LEI: 2138006R85VEOF5YNK29       | Long             | EC               | CORP              | GB        |   2027020 | NS      | $10413184.82  | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Holdings plc                              | HSBC Holdings plc                                       | CUSIP: N/A<br>LEI: MLU0ZO3ML4LN2LL2TL39       | Long             | EC               | CORP              | GB        |   2798302 | NS      | $44033915.26  | 2.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Legal & General Group plc                      | Legal & General Group plc                               | CUSIP: N/A<br>LEI: 213800JH9QQWHLO99821       | Long             | EC               | CORP              | GB        |   1772888 | NS      | $6239848.14   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| SSE plc                                        | SSE plc                                                 | CUSIP: N/A<br>LEI: 549300KI75VYLLMSK856       | Long             | EC               | CORP              | GB        |    501656 | NS      | $14707508.25  | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| AstraZeneca plc                                | AstraZeneca plc                                         | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |    235683 | NS      | $43615342.37  | 2.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Generali                                       | Generali                                                | CUSIP: N/A<br>LEI: 549300X5UKJVE386ZB61       | Long             | EC               | CORP              | IT        |    600091 | NS      | $25076853.68  | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| L'Oreal SA                                     | L'Oreal SA                                              | CUSIP: N/A<br>LEI: 529900JI1GG6F7RKVI53       | Long             | EC               | CORP              | FR        |     33837 | NS      | $14526764.92  | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                            | Intesa Sanpaolo SpA                                     | CUSIP: N/A<br>LEI: 2W8N8UU78PMDQKZENC08       | Long             | EC               | CORP              | IT        |   3333538 | NS      | $23035100.11  | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| EDP SA                                         | EDP SA                                                  | CUSIP: N/A<br>LEI: 529900CLC3WDMGI9VH80       | Long             | EC               | CORP              | PT        |   3163419 | NS      | $14570040.73  | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| BPER Banca SpA                                 | BPER Banca SpA                                          | CUSIP: N/A<br>LEI: N747OI7JINV7RUUH6190       | Long             | EC               | CORP              | IT        |   1166363 | NS      | $15760456.28  | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Fresenius SE & Co. KGaA                        | Fresenius SE & Co. KGaA                                 | CUSIP: N/A<br>LEI: XDFJ0CYCOO1FXRFTQS51       | Long             | EC               | CORP              | DE        |     56331 | NS      | $3227304.36   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| KBC Group NV                                   | KBC Group NV                                            | CUSIP: N/A<br>LEI: 213800X3Q9LSAKRUWY91       | Long             | EC               | CORP              | BE        |    124419 | NS      | $16203836.10  | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Hannover Rueck SE                              | Hannover Rueck SE                                       | CUSIP: N/A<br>LEI: 529900KIN5BE45V5KB18       | Long             | EC               | CORP              | DE        |     10371 | NS      | $3227261.51   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| GEA Group AG                                   | GEA Group AG                                            | CUSIP: N/A<br>LEI: 549300PHUU0ZZWO8EO07       | Long             | EC               | CORP              | DE        |    152303 | NS      | $10292980.00  | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Pernod Ricard SA                               | Pernod Ricard SA                                        | CUSIP: N/A<br>LEI: 52990097YFPX9J0H5D87       | Long             | EC               | CORP              | FR        |     35113 | NS      | $3006597.71   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Merck KGaA                                     | Merck KGaA                                              | CUSIP: N/A<br>LEI: 529900OAREIS0MOPTW25       | Long             | EC               | CORP              | DE        |     55114 | NS      | $7866049.54   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan U.S. Treasury Plus Money Market Fund  | JPMorgan U.S. Treasury Plus Money Market Fund, Class IM | CUSIP: 4812C2262<br>LEI: 549300WIC5LVF25Z1127 | Long             | STIV             | RF                | US        |  16972606 | NS      | $16972606.07  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                          | Schneider Electric SE                                   | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |    108982 | NS      | $29814779.22  | 1.87%             |  |  |  | No            |                  2 | On Loan: No      |
| E.ON SE                                        | E.ON SE                                                 | CUSIP: N/A<br>LEI: Q9MAIUP40P25UFBFG033       | Long             | EC               | CORP              | DE        |    171362 | NS      | $3244725.93   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Allianz SE                                     | Allianz SE                                              | CUSIP: N/A<br>LEI: 529900K9B0N5BT694847       | Long             | EC               | CORP              | DE        |     40741 | NS      | $18837713.25  | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Hermes International SCA                       | Hermes International SCA                                | CUSIP: N/A<br>LEI: 969500Y4IJGHJE2MTJ13       | Long             | EC               | CORP              | FR        |      2187 | NS      | $5429994.42   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft AG  | Muenchener Rueckversicherungs-Gesellschaft AG           | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | EC               | CORP              | DE        |     30029 | NS      | $19761677.38  | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA             | Banco Bilbao Vizcaya Argentaria SA                      | CUSIP: N/A<br>LEI: K8MS7FD7N5Z2WQ51AZ71       | Long             | EC               | CORP              | ES        |    157398 | NS      | $3692119.52   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Mercedes-Benz Group AG                         | Mercedes-Benz Group AG                                  | CUSIP: N/A<br>LEI: 529900R27DL06UVNT076       | Long             | EC               | CORP              | DE        |    340843 | NS      | $23627949.73  | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Acciona SA                                     | Acciona SA                                              | CUSIP: N/A<br>LEI: 54930002KP75TLLLNO21       | Long             | EC               | CORP              | ES        |     15008 | NS      | $3266330.92   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Carrefour SA                                   | Carrefour SA                                            | CUSIP: N/A<br>LEI: 549300B8P6MUJ1YWTS08       | Long             | EC               | CORP              | FR        |    847519 | NS      | $14141346.98  | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Wolters Kluwer NV                              | Wolters Kluwer NV                                       | CUSIP: N/A<br>LEI: 724500TEM53I0U077B74       | Long             | EC               | CORP              | NL        |     79672 | NS      | $8252147.65   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens AG                                     | Siemens AG                                              | CUSIP: N/A<br>LEI: W38RGI023J3WT1HWRP32       | Long             | EC               | CORP              | DE        |    123532 | NS      | $34598421.79  | 2.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Infineon Technologies AG                       | Infineon Technologies AG                                | CUSIP: N/A<br>LEI: TSI2PJM6EPETEQ4X1U25       | Long             | EC               | CORP              | DE        |    614459 | NS      | $26809437.34  | 1.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Nokia OYJ                                      | Nokia OYJ                                               | CUSIP: N/A<br>LEI: 549300A0JPRWG1KI7U06       | Long             | EC               | CORP              | FI        |    632461 | NS      | $4077522.01   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Zurich Insurance Group AG                      | Zurich Insurance Group AG                               | CUSIP: N/A<br>LEI: 529900QVNRBND50TXP03       | Long             | EC               | CORP              | CH        |     12172 | NS      | $9210585.04   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Ajinomoto Co., Inc.                            | Ajinomoto Co., Inc.                                     | CUSIP: N/A<br>LEI: 353800UT0TLROREPIC92       | Long             | EC               | CORP              | JP        |    254700 | NS      | $5384358.74   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| ANZ Group Holdings Ltd.                        | ANZ Group Holdings Ltd.                                 | CUSIP: N/A<br>LEI: 9845005D9C6BAA10BK72       | Long             | EC               | CORP              | AU        |    710845 | NS      | $17186534.58  | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                          | Westpac Banking Corp.                                   | CUSIP: N/A<br>LEI: EN5TNI6CI43VEPAMHL14       | Long             | EC               | CORP              | AU        |    124395 | NS      | $3192165.63   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Bridgestone Corp.                              | Bridgestone Corp.                                       | CUSIP: N/A<br>LEI: 549300DHPOF90OYYD780       | Long             | EC               | CORP              | JP        |    137200 | NS      | $3086901.54   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS Group Holdings Ltd.                        | DBS Group Holdings Ltd.                                 | CUSIP: N/A<br>LEI: 5493007FKT78NKPM5V55       | Long             | EC               | CORP              | SG        |     76100 | NS      | $3333534.22   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| CSL Ltd.                                       | CSL Ltd.                                                | CUSIP: N/A<br>LEI: 529900ECSECK5ZDQTE14       | Long             | EC               | CORP              | AU        |     71200 | NS      | $8193802.11   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Chugai Pharmaceutical Co. Ltd.                 | Chugai Pharmaceutical Co. Ltd.                          | CUSIP: N/A<br>LEI: 529900T9LAII161DCN95       | Long             | EC               | CORP              | JP        |    123000 | NS      | $6452773.04   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| REA Group Ltd.                                 | REA Group Ltd.                                          | CUSIP: N/A<br>LEI: 894500KA4UBDATOFPN36       | Long             | EC               | CORP              | AU        |     47995 | NS      | $5850830.62   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Commonwealth Bank of Australia                 | Commonwealth Bank of Australia                          | CUSIP: N/A<br>LEI: MSFSBD3QN1GSN7Q6C537       | Long             | EC               | CORP              | AU        |     59300 | NS      | $6329626.15   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| KDDI Corp.                                     | KDDI Corp.                                              | CUSIP: N/A<br>LEI: 5299003FU7V4I45FU310       | Long             | EC               | CORP              | JP        |   1397100 | NS      | $24180593.34  | 1.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Daifuku Co. Ltd.                               | Daifuku Co. Ltd.                                        | CUSIP: N/A<br>LEI: 3538006FG1W4X3MYHL36       | Long             | EC               | CORP              | JP        |    186400 | NS      | $5867067.51   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwa House Industry Co. Ltd.                  | Daiwa House Industry Co. Ltd.                           | CUSIP: N/A<br>LEI: 353800K9WXR9XRZJZI46       | Long             | EC               | CORP              | JP        |     93200 | NS      | $3095994.07   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Aristocrat Leisure Ltd.                        | Aristocrat Leisure Ltd.                                 | CUSIP: N/A<br>LEI: 529900TE2HO3OZKYKC27       | Long             | EC               | CORP              | AU        |    362989 | NS      | $14052900.30  | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Hong Kong Exchanges & Clearing Ltd.            | Hong Kong Exchanges & Clearing Ltd.                     | CUSIP: N/A<br>LEI: 213800YTVSXYQN17BW16       | Long             | EC               | CORP              | HK        |     63800 | NS      | $3338102.44   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| MTR Corp. Ltd.                                 | MTR Corp. Ltd.                                          | CUSIP: N/A<br>LEI: 254900IH4U9NHH9AQM97       | Long             | EC               | CORP              | HK        |   1405999 | NS      | $5384875.68   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| FANUC Corp.                                    | FANUC Corp.                                             | CUSIP: N/A<br>LEI: 529900QTSW745LOKW705       | Long             | EC               | CORP              | JP        |    303900 | NS      | $11826498.25  | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujitsu Ltd.                                   | Fujitsu Ltd.                                            | CUSIP: N/A<br>LEI: 3538000246DHJLRTUZ24       | Long             | EC               | CORP              | JP        |    983600 | NS      | $27032195.37  | 1.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Research Institute Ltd.                 | Nomura Research Institute Ltd.                          | CUSIP: N/A<br>LEI: 5299005F1HCVF4M4QN79       | Long             | EC               | CORP              | JP        |    124000 | NS      | $4718773.21   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Hitachi Ltd.                                   | Hitachi Ltd.                                            | CUSIP: N/A<br>LEI: 549300T6IPOCDWLKC615       | Long             | EC               | CORP              | JP        |   1058000 | NS      | $33180542.61  | 2.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Kajima Corp.                                   | Kajima Corp.                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    101300 | NS      | $3777225.40   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Kao Corp.                                      | Kao Corp.                                               | CUSIP: N/A<br>LEI: 353800HM38HFCB8RGL63       | Long             | EC               | CORP              | JP        |    112400 | NS      | $4486058.98   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Komatsu Ltd.                                   | Komatsu Ltd.                                            | CUSIP: N/A<br>LEI: 5493004LQ0B4T7QPQV17       | Long             | EC               | CORP              | JP        |    297800 | NS      | $9449926.53   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokio Marine Holdings, Inc.                    | Tokio Marine Holdings, Inc.                             | CUSIP: N/A<br>LEI: 5299009QN2NZ191KLS29       | Long             | EC               | CORP              | JP        |    137900 | NS      | $5097626.10   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Panasonic Holdings Corp.                       | Panasonic Holdings Corp.                                | CUSIP: N/A<br>LEI: 254900GE1G59KGWPHX32       | Long             | EC               | CORP              | JP        |    295500 | NS      | $3830873.90   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Suncorp Group Ltd.                             | Suncorp Group Ltd.                                      | CUSIP: N/A<br>LEI: 549300BVOKRTHDIWVT46       | Long             | EC               | CORP              | AU        |    307102 | NS      | $3605098.30   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Estate Co. Ltd.                     | Mitsubishi Estate Co. Ltd.                              | CUSIP: N/A<br>LEI: 353800KOFMRGOXSJ5Z65       | Long             | EC               | CORP              | JP        |    207600 | NS      | $5043667.44   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| NEC Corp.                                      | NEC Corp.                                               | CUSIP: N/A<br>LEI: 5493000QYMPFRTEY4K28       | Long             | EC               | CORP              | JP        |    737700 | NS      | $24960453.61  | 1.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Nitto Denko Corp.                              | Nitto Denko Corp.                                       | CUSIP: N/A<br>LEI: 3538009GX5P09USH2J25       | Long             | EC               | CORP              | JP        |    155200 | NS      | $3695267.52   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Holdings, Inc.                          | Nomura Holdings, Inc.                                   | CUSIP: N/A<br>LEI: 549300B3CEAHYG7K8164       | Long             | EC               | CORP              | JP        |    488400 | NS      | $4068601.44   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Obayashi Corp.                                 | Obayashi Corp.                                          | CUSIP: N/A<br>LEI: 529900YT4O5S0LCXWD54       | Long             | EC               | CORP              | JP        |    151500 | NS      | $3170578.82   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| QBE Insurance Group Ltd.                       | QBE Insurance Group Ltd.                                | CUSIP: N/A<br>LEI: 549300D2FBW76FPUSG65       | Long             | EC               | CORP              | AU        |   1277155 | NS      | $16908823.61  | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Sekisui Chemical Co. Ltd.                      | Sekisui Chemical Co. Ltd.                               | CUSIP: N/A<br>LEI: 529900KQIVT7NWFNMI70       | Long             | EC               | CORP              | JP        |    249400 | NS      | $4194225.49   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Sony Group Corp.                               | Sony Group Corp.                                        | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               | CORP              | JP        |   1267400 | NS      | $32510062.84  | 2.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Electric Industries Ltd.              | Sumitomo Electric Industries Ltd.                       | CUSIP: N/A<br>LEI: 5493005SP87FL5TOS202       | Long             | EC               | CORP              | JP        |    177400 | NS      | $7145190.94   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Takeda Pharmaceutical Co. Ltd.                 | Takeda Pharmaceutical Co. Ltd.                          | CUSIP: N/A<br>LEI: 549300ZLMVP4X0OGR454       | Long             | EC               | CORP              | JP        |    109500 | NS      | $3401646.74   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Electron Ltd.                            | Tokyo Electron Ltd.                                     | CUSIP: N/A<br>LEI: 549300H5LSF8DP3RIJ34       | Long             | EC               | CORP              | JP        |    143300 | NS      | $31916833.36  | 2.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United Overseas Bank Ltd.                      | United Overseas Bank Ltd.                               | CUSIP: N/A<br>LEI: IO66REGK3RCBAMA8HR66       | Long             | EC               | CORP              | SG        |    850300 | NS      | $23158372.93  | 1.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Astellas Pharma, Inc.                          | Astellas Pharma, Inc.                                   | CUSIP: N/A<br>LEI: 529900IB708DY2HBBB35       | Long             | EC               | CORP              | JP        |    987300 | NS      | $13140486.27  | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Yokogawa Electric Corp.                        | Yokogawa Electric Corp.                                 | CUSIP: N/A<br>LEI: 529900MV0U7C9WWF4L22       | Long             | EC               | CORP              | JP        |    250000 | NS      | $8017641.62   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| AXA SA                                         | AXA SA                                                  | CUSIP: N/A<br>LEI: F5WCUMTUM4RKZ1MAIE39       | Long             | EC               | CORP              | FR        |    580024 | NS      | $27830157.19  | 1.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Novartis AG                                    | Novartis AG                                             | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |    310886 | NS      | $42838845.40  | 2.68%             |  |  |  | No            |                  2 | On Loan: No      |
| ABB Ltd.                                       | ABB Ltd.                                                | CUSIP: N/A<br>LEI: 5493000LKVGOO9PELI61       | Long             | EC               | CORP              | CH        |    392449 | NS      | $28930379.14  | 1.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Holcim AG                                      | Holcim AG                                               | CUSIP: N/A<br>LEI: 529900EHPFPYHV6IQO98       | Long             | EC               | CORP              | CH        |    138029 | NS      | $13437166.91  | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Skanska AB                                     | Skanska AB, Class B                                     | CUSIP: N/A<br>LEI: 549300UINV5RINHGMG07       | Long             | EC               | CORP              | SE        |    119445 | NS      | $3254677.61   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Enel SpA                                       | Enel SpA                                                | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |    845089 | NS      | $8786673.18   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Sonova Holding AG                              | Sonova Holding AG                                       | CUSIP: N/A<br>LEI: 5299004A0QNX7FBNHS61       | Long             | EC               | CORP              | CH        |     46911 | NS      | $12134317.12  | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Credit Agricole SA                             | Credit Agricole SA                                      | CUSIP: N/A<br>LEI: 969500TJ5KRTCJQWXH05       | Long             | EC               | CORP              | FR        |    775499 | NS      | $15965879.41  | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                 | BNP Paribas SA                                          | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | EC               | CORP              | FR        |    291859 | NS      | $27611916.66  | 1.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Telecom Italia SpA                             | Telecom Italia SpA                                      | CUSIP: N/A<br>LEI: 549300W384M3RI3VXU42       | Long             | EC               | CORP              | IT        |   6005135 | NS      | $3607605.49   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| J Sainsbury plc                                | J Sainsbury plc                                         | CUSIP: N/A<br>LEI: 213800VGZAAJIKJ9Y484       | Long             | EC               | CORP              | GB        |   1637389 | NS      | $7173135.13   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ACS Actividades de Construccion y Servicios SA | ACS Actividades de Construccion y Servicios SA          | CUSIP: N/A<br>LEI: 95980020140005558665       | Long             | EC               | CORP              | ES        |     73715 | NS      | $7317344.10   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Goodman Group                                  | Goodman Group                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    315181 | NS      | $6485847.59   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Kone OYJ                                       | Kone OYJ, Class B                                       | CUSIP: N/A<br>LEI: 2138001CNF45JP5XZK38       | Long             | EC               | CORP              | FI        |     45599 | NS      | $3230367.68   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiichi Sankyo Co. Ltd.                        | Daiichi Sankyo Co. Ltd.                                 | CUSIP: N/A<br>LEI: 353800XGIU2IHQGC9504       | Long             | EC               | CORP              | JP        |   1090200 | NS      | $23149912.24  | 1.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Norsk Hydro ASA                                | Norsk Hydro ASA                                         | CUSIP: N/A<br>LEI: 549300N1SDN71ZZ8BO45       | Long             | EC               | CORP              | NO        |    599692 | NS      | $4629127.35   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Logitech International SA                      | Logitech International SA                               | CUSIP: N/A<br>LEI: 549300SN6PRK6IJJC215       | Long             | EC               | CORP              | CH        |    134105 | NS      | $13614078.30  | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Experian plc                                   | Experian plc                                            | CUSIP: N/A<br>LEI: 635400RXXHHYT1JTSZ26       | Long             | EC               | CORP              | JE        |    168348 | NS      | $7590235.94   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Brambles Ltd.                                  | Brambles Ltd.                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    283412 | NS      | $4327791.42   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| SKF AB                                         | SKF AB, Class B                                         | CUSIP: N/A<br>LEI: 549300B6HWYEE57O8J84       | Long             | EC               | CORP              | SE        |    128933 | NS      | $3412706.36   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco de Sabadell SA                           | Banco de Sabadell SA                                    | CUSIP: N/A<br>LEI: SI5RG2M0WQQLZCXKRM20       | Long             | EC               | CORP              | ES        |   1585175 | NS      | $6246936.63   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Jeronimo Martins SGPS SA                       | Jeronimo Martins SGPS SA                                | CUSIP: N/A<br>LEI: 259400A8SZP10GB5IB19       | Long             | EC               | CORP              | PT        |    266009 | NS      | $6330043.16   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Danone SA                                      | Danone SA                                               | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |     85685 | NS      | $7728709.26   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| 3i Group plc                                   | 3i Group plc                                            | CUSIP: N/A<br>LEI: 35GDVHRBMFE7NWATNM84       | Long             | EC               | CORP              | GB        |    173002 | NS      | $7585936.72   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Liquide SA                                 | Air Liquide SA                                          | CUSIP: N/A<br>LEI: 969500MMPQVHK671GT54       | Long             | EC               | CORP              | FR        |     28062 | NS      | $5274364.16   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Reckitt Benckiser Group plc                    | Reckitt Benckiser Group plc                             | CUSIP: N/A<br>LEI: 5493003JFSMOJG48V108       | Long             | EC               | CORP              | GB        |    142835 | NS      | $11558114.92  | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| CaixaBank SA                                   | CaixaBank SA                                            | CUSIP: N/A<br>LEI: 7CUNS533WID6K7DGFI87       | Long             | EC               | CORP              | ES        |    590538 | NS      | $7219991.75   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Iberdrola SA                                   | Iberdrola SA                                            | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |   1578195 | NS      | $34173280.46  | 2.14%             |  |  |  | No            |                  2 | On Loan: No      |
| RELX plc                                       | RELX plc                                                | CUSIP: N/A<br>LEI: 549300WSX3VBUFFJOO66       | Long             | EC               | CORP              | GB        |    550984 | NS      | $22197392.27  | 1.39%             |  |  |  | No            |                  2 | On Loan: No      |
| United Utilities Group plc                     | United Utilities Group plc                              | CUSIP: N/A<br>LEI: 2138002IEYQAOC88ZJ59       | Long             | EC               | CORP              | GB        |    195104 | NS      | $3134625.39   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA Group Ltd.                                 | AIA Group Ltd.                                          | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               | CORP              | HK        |   2370400 | NS      | $24398749.08  | 1.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Swiss Re AG                                    | Swiss Re AG                                             | CUSIP: N/A<br>LEI: 529900PS9YW3YY29F326       | Long             | EC               | CORP              | CH        |    133197 | NS      | $22189242.51  | 1.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Segro plc                                      | Segro plc                                               | CUSIP: N/A<br>LEI: 213800XC35KGM9NFC641       | Long             | EC               | CORP              | GB        |    345503 | NS      | $3347278.42   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Sompo Holdings, Inc.                           | Sompo Holdings, Inc.                                    | CUSIP: N/A<br>LEI: 353800CWW4SRGEYEB512       | Long             | EC               | CORP              | JP        |    182400 | NS      | $6191060.25   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding NV                                | ASML Holding NV                                         | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |     48671 | NS      | $52443984.07  | 3.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                  | Koninklijke Ahold Delhaize NV                           | CUSIP: N/A<br>LEI: 724500C9GNBV20UYRX36       | Long             | EC               | CORP              | NL        |    256461 | NS      | $10516668.82  | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Ireland Group plc                      | Bank of Ireland Group plc                               | CUSIP: N/A<br>LEI: 635400C8EK6DRI12LJ39       | Long             | EC               | CORP              | IE        |    205472 | NS      | $3929715.19   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| ASR Nederland NV                               | ASR Nederland NV                                        | CUSIP: N/A<br>LEI: 7245000G0HS48PZWUD53       | Long             | EC               | CORP              | NL        |     44731 | NS      | $3182646.28   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| National Grid plc                              | National Grid plc                                       | CUSIP: N/A<br>LEI: 8R95QZMKZLJX5Q2XR704       | Long             | EC               | CORP              | GB        |   1115773 | NS      | $17114264.32  | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| AIB Group plc                                  | AIB Group plc                                           | CUSIP: N/A<br>LEI: 635400AKJBGNS5WNQL34       | Long             | EC               | CORP              | IE        |    327295 | NS      | $3498897.59   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Sika AG                                        | Sika AG                                                 | CUSIP: N/A<br>LEI: 549300R3N69ECGYPU434       | Long             | EC               | CORP              | CH        |     34865 | NS      | $7078484.37   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Unibail-Rodamco-Westfield                      | Unibail-Rodamco-Westfield                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | FR        |     58593 | NS      | $6371807.38   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| SoftBank Corp.                                 | SoftBank Corp.                                          | CUSIP: N/A<br>LEI: 353800M1YCTS9JRBJ535       | Long             | EC               | CORP              | JP        |  13537800 | NS      | $18586831.08  | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Vodafone Group plc                             | Vodafone Group plc                                      | CUSIP: N/A<br>LEI: 213800TB53ELEUKM7Q61       | Long             | EC               | CORP              | GB        |   4581492 | NS      | $6107172.66   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Tesco plc                                      | Tesco plc                                               | CUSIP: N/A<br>LEI: 2138002P5RNKC5W2JZ46       | Long             | EC               | CORP              | GB        |   2310885 | NS      | $13742439.13  | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Dassault Systemes SE                           | Dassault Systemes SE                                    | CUSIP: N/A<br>LEI: 96950065LBWY0APQIM86       | Long             | EC               | CORP              | FR        |    523204 | NS      | $14617406.14  | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| SGS SA                                         | SGS SA                                                  | CUSIP: N/A<br>LEI: 2138007JNS19JHNA2336       | Long             | EC               | CORP              | CH        |     56908 | NS      | $6527788.01   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Sampo OYJ                                      | Sampo OYJ, Class A                                      | CUSIP: N/A<br>LEI: 743700UF3RL386WIDA22       | Long             | EC               | CORP              | FI        |   1009272 | NS      | $12210995.18  | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| GSK plc                                        | GSK plc                                                 | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |    297858 | NS      | $7302649.09   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Novo Nordisk A/S                               | Novo Nordisk A/S, Class B                               | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |    278550 | NS      | $14127632.28  | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Schroders plc                                  | Schroders plc                                           | CUSIP: N/A<br>LEI: 2138001YYBULX5SZ2H24       | Long             | EC               | CORP              | GB        |    599632 | NS      | $3277868.02   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Syensqo SA                                     | Syensqo SA                                              | CUSIP: N/A<br>LEI: 549300060XNJ90PLNS10       | Long             | EC               | CORP              | BE        |     40011 | NS      | $3204810.37   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Recruit Holdings Co. Ltd.                      | Recruit Holdings Co. Ltd.                               | CUSIP: N/A<br>LEI: 353800R2LRSMVVC4I806       | Long             | EC               | CORP              | JP        |    328400 | NS      | $18453315.39  | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Auto Trader Group plc                          | Auto Trader Group plc                                   | CUSIP: N/A<br>LEI: 213800QLK9BZILB1DI86       | Long             | EC               | CORP              | GB        |    544937 | NS      | $4299204.85   | 0.27%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Tryg A/S                                       | Tryg A/S                                                | CUSIP: N/A<br>LEI: 213800ZRS8AC4LSTCE39       | Long             | EC               | CORP              | DK        |    228526 | NS      | $5976275.88   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                       | Svenska Handelsbanken AB, Class A                       | CUSIP: N/A<br>LEI: NHBDILHZTYCNBV5UYZ31       | Long             | EC               | CORP              | SE        |    226103 | NS      | $3275676.90   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| UniCredit SpA                                  | UniCredit SpA                                           | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |     38085 | NS      | $3154454.94   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Assa Abloy AB                                  | Assa Abloy AB, Class B                                  | CUSIP: N/A<br>LEI: 549300YECS8HKCIMMB67       | Long             | EC               | CORP              | SE        |    239914 | NS      | $9268083.03   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Orsted A/S                                     | Orsted A/S                                              | CUSIP: N/A<br>LEI: W9NG6WMZIYEU8VEDOG48       | Long             | EC               | CORP              | DK        |    317473 | NS      | $6060361.45   | 0.38%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Coles Group Ltd.                               | Coles Group Ltd.                                        | CUSIP: N/A<br>LEI: 549300OHQRG2HN8LZ793       | Long             | EC               | CORP              | AU        |    421985 | NS      | $6031543.59   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| ING Groep NV                                   | ING Groep NV                                            | CUSIP: N/A<br>LEI: 549300NYKK9MWM7GGW15       | Long             | EC               | CORP              | NL        |    221054 | NS      | $6213437.62   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Swiss Franc                                    | Swiss Franc                                             | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | CH        |        -0 | OU      | $-0.04        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Danish Krone                                   | Danish Krone                                            | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | DK        |        -0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EURO                                           | EURO                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |      3785 | OU      | $4448.37      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Yen                                            | Yen                                                     | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | JP        |        -1 | OU      | $-0.01        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Swedish Krona                                  | Swedish Krona                                           | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | SE        |        -0 | OU      | $-0.01        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** IMPAX FUNDS SERIES TRUST I

**Signature:** Daniel Saltus

**Name of Signer:** Daniel Saltus

**Title:** Treasurer