# EDGAR Filing Document

**Accession Number:** 0002051630
**File Stem:** 0001410368-26-021469
**Filing Date:** 2026-3
**Character Count:** 28241
**Document Hash:** 4f96524c809bd7767ce541dd2f5bae9b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-021469.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0001410368-26-021469

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lazard Active ETF Trust
- **CENTRAL INDEX KEY:** 0002051630

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-24041
- **FILM NUMBER:** 26706101

**BUSINESS ADDRESS:**
- **STREET 1:** C/O LAZARD ASSET MANAGEMENT LLC
- **STREET 2:** 30 ROCKEFELLER PLAZA
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10112
- **BUSINESS PHONE:** (800) 823-6300

**MAIL ADDRESS:**
- **STREET 1:** C/O LAZARD ASSET MANAGEMENT LLC
- **STREET 2:** 30 ROCKEFELLER PLAZA
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10112

## Series and Classes Contracts Data

### Lazard Emerging Markets Opportunities ETF (Series ID: S000091512)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000259180 | Lazard Emerging Markets Opportunities ETF | EMKT            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Lazard Active ETF Trust

- **b. Investment Company Act file number:** 811-24041

- **c. CIK number of Registrant:** 0002051630

- **d. LEI of Registrant:** 254900CR1PMVJV76SB71

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

  - **Street Address 1:** 30 ROCKEFELLER PLAZA

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10112

  - **Telephone number:** 212-632-6000

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

- **a. Name of Series:** Lazard Emerging Markets Opportunities ETF

- **b. EDGAR series identifier (if any):** S000091512

- **c. LEI of Series:** 529900FM6B74FREF8H08

**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:** $122603012.37

**Total Liabilities:** $184036.57

**Net Assets:** $122418975.80

**Cash Not Reported:** $5814.37

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000259180 | 2.00%                | -2.33%               | 2.11%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $16306154.97             | $-11434901.32                              |
| Month 2  | $-219998.16              | $-2719453.95                               |
| Month 3  | $769267.53               | $1615836.63                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Atour Lifestyle Holdings Ltd                    | Atour Lifestyle Holdings Ltd                    | CUSIP: 04965M106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     23287 | NS      | $917507.80    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Banorte SAB de CV              | Grupo Financiero Banorte SAB de CV              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |    144291 | NS      | $1339744.68   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark de Mexico SAB de CV              | Kimberly-Clark de Mexico SAB de CV              | CUSIP: 000000000<br>LEI: 549300JGHL56QT00KT54 | Long             | EC               | CORP              | MX        |    463501 | NS      | $989929.55    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Arca Continental SAB de CV                      | Arca Continental SAB de CV                      | CUSIP: 000000000<br>LEI: 254900U2BSJCQHJCXN24 | Long             | EC               | CORP              | MX        |    101005 | NS      | $1094794.32   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Full Truck Alliance Co Ltd                      | Full Truck Alliance Co Ltd                      | CUSIP: 35969L108<br>LEI: 984500884LB1DP8DAC57 | Long             | EC               | CORP              | KY        |     92933 | NS      | $997171.09    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Galicia SA                     | Grupo Financiero Galicia SA                     | CUSIP: 399909100<br>LEI: 5299008H3AXIXV5G3C23 | Long             | EC               | CORP              | AR        |     18826 | NS      | $1015474.44   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                                   | HDFC Bank Ltd                                   | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |     76658 | NS      | $2801083.32   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| GEK TERNA SA                                    | GEK TERNA SA                                    | CUSIP: 000000000<br>LEI: 2138003TO2MTRHWVP686 | Long             | EC               | CORP              | GR        |     49123 | NS      | $1466544.20   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Hindalco Industries Ltd                         | Hindalco Industries Ltd                         | CUSIP: 433064102<br>LEI: 335800KXLE5NO5B4GF90 | Long             | EC               | CORP              | IN        |    122309 | NS      | $1204743.65   | 0.98%             |  |  |  | Yes           |                  1 | On Loan: No      |
| ICICI Bank Ltd                                  | ICICI Bank Ltd                                  | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     68268 | NS      | $2034386.40   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Infosys Ltd                                     | Infosys Ltd                                     | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |     52195 | NS      | $930114.90    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Itau Unibanco Holding SA                        | Itau Unibanco Holding SA                        | CUSIP: 465562106<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EC               | CORP              | BR        |    220897 | NS      | $1581621.73   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd                      | Samsung Electronics Co Ltd                      | CUSIP: 796050888<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |      3393 | NS      | $7009938.00   | 5.73%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                                | MercadoLibre Inc                                | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |       623 | NS      | $1254883.98   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Accton Technology Corp                          | Accton Technology Corp                          | CUSIP: 000000000<br>LEI: 529900M1YRZ0GWMDF920 | Long             | EC               | CORP              | TW        |     30000 | NS      | $1131426.93   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Mobile TeleSystems PJSC                         | Mobile TeleSystems PJSC                         | CUSIP: 607409109<br>LEI: 2534008FX8EXH1FMJA74 | Long             | EC               | CORP              | RU        |     45259 | NS      | $0.05         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Bidvest Group Ltd                               | Bidvest Group Ltd                               | CUSIP: 000000000<br>LEI: 5299002ARE4TRMIRGM72 | Long             | EC               | CORP              | ZA        |     60615 | NS      | $868766.23    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Supreme Industries Ltd                          | Supreme Industries Ltd                          | CUSIP: 000000000<br>LEI: 33580094NA85GD34LN25 | Long             | EC               | CORP              | IN        |     18697 | NS      | $697668.19    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Lenovo Group Ltd                                | Lenovo Group Ltd                                | CUSIP: 000000000<br>LEI: 254900VUZRGD5U73RE46 | Long             | EC               | CORP              | HK        |   1348000 | NS      | $1603710.41   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| MediaTek Inc                                    | MediaTek Inc                                    | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |     41000 | NS      | $1865979.22   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Capitec Bank Holdings Ltd                       | Capitec Bank Holdings Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |      5518 | NS      | $1383929.05   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Bharti Airtel Ltd                               | Bharti Airtel Ltd                               | CUSIP: 000000000<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | EC               | CORP              | IN        |     98545 | NS      | $2308608.56   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| International Container Terminal Services Inc   | International Container Terminal Services Inc   | CUSIP: 000000000<br>LEI: 254900FU1MWK0I0Q4J61 | Long             | EC               | CORP              | PH        |    104150 | NS      | $1003748.78   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Kia Corp                                        | Kia Corp                                        | CUSIP: 000000000<br>LEI: 988400V8MJK9N7OI5X76 | Long             | EC               | CORP              | KR        |     14905 | NS      | $1260233.24   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BYD Co Ltd                                      | BYD Co Ltd                                      | CUSIP: 000000000<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |     91000 | NS      | $1114774.84   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Weichai Power Co Ltd                            | Weichai Power Co Ltd                            | CUSIP: 000000000<br>LEI: 529900OKTPKBG85F9502 | Long             | EC               | CORP              | CN        |    552000 | NS      | $1336827.91   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoprite Holdings Ltd                           | Shoprite Holdings Ltd                           | CUSIP: 000000000<br>LEI: 529900Q4O1EYP6NH5150 | Long             | EC               | CORP              | ZA        |     71025 | NS      | $1158303.30   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd       | Taiwan Semiconductor Manufacturing Co Ltd       | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    182000 | NS      | $8978214.86   | 7.33%             |  |  |  | No            |                  1 | On Loan: No      |
| JUMBO SA                                        | JUMBO SA                                        | CUSIP: 000000000<br>LEI: 549300TGIVUUMY40MZ05 | Long             | EC               | CORP              | GR        |     24069 | NS      | $788673.01    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                                         | Sea Ltd                                         | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |      5662 | NS      | $722301.34    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Shinhan Financial Group Co Ltd                  | Shinhan Financial Group Co Ltd                  | CUSIP: 824596100<br>LEI: 988400EB8A6G49E5KO54 | Long             | EC               | CORP              | KR        |     50826 | NS      | $2725798.38   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd       | Taiwan Semiconductor Manufacturing Co Ltd       | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     27070 | NS      | $8226302.30   | 6.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Corp Inmobiliaria Vesta SAB de CV               | Corp Inmobiliaria Vesta SAB de CV               | CUSIP: 92540K109<br>LEI: 4469000001BIRIFZJ959 | Long             | EC               | CORP              | MX        |     28464 | NS      | $867867.36    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Welspun Living Ltd                              | Welspun Living Ltd                              | CUSIP: 000000000<br>LEI: 335800A8GZ4VWQVNYI40 | Long             | EC               | CORP              | IN        |    417085 | NS      | $605909.57    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| LAZARD GOVT MNY MMKT INS                        | LAZARD GOVT MNY MMKT INS                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1099706 | NS      | $1099705.86   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| SK hynix Inc                                    | SK hynix Inc                                    | CUSIP: 78392B107<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |      5838 | NS      | $2638776.00   | 2.16%             |  |  |  | Yes           |                  1 | On Loan: No      |
| InterGlobe Aviation Ltd                         | InterGlobe Aviation Ltd                         | CUSIP: 000000000<br>LEI: 33580079R8SLLO23XD19 | Long             | EC               | CORP              | IN        |     14558 | NS      | $819500.36    | 0.67%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Amber Enterprises India Ltd                     | Amber Enterprises India Ltd                     | CUSIP: 000000000<br>LEI: 3358009JZU4XT3666G06 | Long             | EC               | CORP              | IN        |      6426 | NS      | $456643.70    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| ASE Technology Holding Co Ltd                   | ASE Technology Holding Co Ltd                   | CUSIP: 000000000<br>LEI: 300300GO8QHPMV87NZ73 | Long             | EC               | CORP              | TW        |    162000 | NS      | $1291545.33   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank of Greece SA                      | National Bank of Greece SA                      | CUSIP: 000000000<br>LEI: 5UMCZOEYKCVFAW8ZLO05 | Long             | EC               | CORP              | GR        |    102852 | NS      | $1570329.62   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Lodha Developers Ltd                            | Lodha Developers Ltd                            | CUSIP: 000000000<br>LEI: 254900B5QCN52ETNU557 | Long             | EC               | CORP              | IN        |    100294 | NS      | $1184276.07   | 0.97%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Adnoc Gas PLC                                   | Adnoc Gas PLC                                   | CUSIP: 000000000<br>LEI: 254900O5NS03BDOOM362 | Long             | EC               | CORP              | AE        |   1505754 | NS      | $1455369.52   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglo American PLC                              | Anglo American PLC                              | CUSIP: 000000000<br>LEI: 549300S9XF92D1X8ME43 | Long             | EC               | CORP              | GB        |     50715 | NS      | $2104407.79   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Techtronic Industries Co Ltd                    | Techtronic Industries Co Ltd                    | CUSIP: 000000000<br>LEI: 549300HZW2SBE758OK89 | Long             | EC               | CORP              | HK        |     74000 | NS      | $854705.47    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Central Asia Tbk PT                        | Bank Central Asia Tbk PT                        | CUSIP: 000000000<br>LEI: 254900BR956G2OHVOM21 | Long             | EC               | CORP              | ID        |   2342000 | NS      | $1134131.93   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Emaar Properties PJSC                           | Emaar Properties PJSC                           | CUSIP: 000000000<br>LEI: 254900YWYEXYXK1BMP81 | Long             | EC               | CORP              | AE        |    426618 | NS      | $1631948.30   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ITC Ltd                                         | ITC Ltd                                         | CUSIP: 000000000<br>LEI: 335800WLOU3OFWFTMP43 | Long             | EC               | CORP              | IN        |    192431 | NS      | $862819.43    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| TOTVS SA                                        | TOTVS SA                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    156686 | NS      | $1203220.38   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermax Ltd                                     | Thermax Ltd                                     | CUSIP: 000000000<br>LEI: 33580013S142QYY9TR81 | Long             | EC               | CORP              | IN        |     24479 | NS      | $823216.73    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Larsen & Toubro Ltd                             | Larsen & Toubro Ltd                             | CUSIP: 000000000<br>LEI: 3358003FR3JIC5FRXA90 | Long             | EC               | CORP              | IN        |     20907 | NS      | $934542.90    | 0.76%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Reliance Industries Ltd                         | Reliance Industries Ltd                         | CUSIP: 759470107<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |     31452 | NS      | $2201640.00   | 1.80%             |  |  |  | Yes           |                  1 | On Loan: No      |
| China Merchants Bank Co Ltd                     | China Merchants Bank Co Ltd                     | CUSIP: 000000000<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |    678500 | NS      | $4602659.47   | 3.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Jeronimo Martins SGPS SA                        | Jeronimo Martins SGPS SA                        | CUSIP: 000000000<br>LEI: 259400A8SZP10GB5IB19 | Long             | EC               | CORP              | PT        |     41380 | NS      | $984610.94    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Sberbank of Russia PJSC                         | Sberbank of Russia PJSC                         | CUSIP: 000000000<br>LEI: 549300WE6TAF5EEWQS81 | Long             | EC               | CORP              | RU        |    213889 | NS      | $0.21         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| BDO Unibank Inc                                 | BDO Unibank Inc                                 | CUSIP: 000000000<br>LEI: 3FGIIBS1PEI1FYQBGN97 | Long             | EC               | CORP              | PH        |    324431 | NS      | $742249.82    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Inovance Technology Co Ltd             | Shenzhen Inovance Technology Co Ltd             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    139699 | NS      | $1505910.10   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Xiaomi Corp                                     | Xiaomi Corp                                     | CUSIP: 000000000<br>LEI: 2549001ACVFAZRNMKL32 | Long             | EC               | CORP              | KY        |    309000 | NS      | $1560185.01   | 1.27%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Innovent Biologics Inc                          | Innovent Biologics Inc                          | CUSIP: 000000000<br>LEI: 25490058ONL9SCIE1R22 | Long             | EC               | CORP              | KY        |     79000 | NS      | $773912.76    | 0.63%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Polycab India Ltd                               | Polycab India Ltd                               | CUSIP: 000000000<br>LEI: 335800ZAL1L11ERZVW68 | Long             | EC               | CORP              | IN        |     10675 | NS      | $904910.64    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Mindray Bio-Medical Electronics Co Ltd | Shenzhen Mindray Bio-Medical Electronics Co Ltd | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     26700 | NS      | $727662.54    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Contemporary Amperex Technology Co Ltd          | Contemporary Amperex Technology Co Ltd          | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |     46000 | NS      | $2417515.37   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi Arabian Oil Co                            | Saudi Arabian Oil Co                            | CUSIP: 000000000<br>LEI: 5586006WD91QHB7J4X50 | Long             | EC               | CORP              | SA        |    254558 | NS      | $1617286.22   | 1.32%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd                       | Alibaba Group Holding Ltd                       | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |    281100 | NS      | $5157201.77   | 4.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd                            | Tencent Holdings Ltd                            | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |     92092 | NS      | $7087185.46   | 5.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum China Holdings Inc                          | Yum China Holdings Inc                          | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |     24950 | NS      | $1181546.86   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Trip.com Group Ltd                              | Trip.com Group Ltd                              | CUSIP: 000000000<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | KY        |     20600 | NS      | $1466229.85   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi National Bank/The                         | Saudi National Bank/The                         | CUSIP: 000000000<br>LEI: 5586006ZEFQ542K7CY16 | Long             | EC               | CORP              | SA        |    131976 | NS      | $1332849.23   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco BTG Pactual SA                            | Banco BTG Pactual SA                            | CUSIP: 000000000<br>LEI: ZXLTQRYIK6IJH3R0IK66 | Long             | EC               | CORP              | BR        |    164007 | NS      | $1573701.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Credicorp Ltd                                   | Credicorp Ltd                                   | CUSIP: 000000000<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | BM        |      4896 | NS      | $1405152.00   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands                  | NU Holdings Ltd/Cayman Islands                  | CUSIP: 000000000<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | KY        |     65088 | NS      | $1089573.12   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| MakeMyTrip Ltd                                  | MakeMyTrip Ltd                                  | CUSIP: 000000000<br>LEI: 529900DNT8HNJ7RYUO60 | Long             | EC               | CORP              | MU        |      9819 | NS      | $806336.28    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-16

**Name of Applicant:** Lazard Active ETF Trust

**Signature:** Christina Kennedy

**Name of Signer:** Christina Kennedy

**Title:** Chief Financial Officer