# EDGAR Filing Document

**Accession Number:** 0000923184
**File Stem:** 0000940400-25-009726
**Filing Date:** 2025-11
**Character Count:** 40401
**Document Hash:** 7bcc2a691b6ce3d28090fb9a35515719
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009726.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009726

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MATTHEWS INTERNATIONAL FUNDS
- **CENTRAL INDEX KEY:** 0000923184

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08510
- **FILM NUMBER:** 251513038

**BUSINESS ADDRESS:**
- **STREET 1:** FOUR EMBARCADERO CENTER
- **STREET 2:** SUITE 550
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94111
- **BUSINESS PHONE:** 8007898742

**MAIL ADDRESS:**
- **STREET 1:** FOUR EMBARCADERO CENTER
- **STREET 2:** SUITE 550
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94111

## Series and Classes Contracts Data

### Matthews Emerging Markets ex China Active ETF (Series ID: S000079342)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000240350 | Matthews Emerging Markets ex China Active ETF | MEMX            |

## Nport-Ex

Matthews Emerging Markets ex China Active ETFSeptember 30, 2025

*Schedule of Investments*<sup>a</sup> *(unaudited)*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES: 98.4%** | **COMMON EQUITIES: 98.4%** | |
|  | **Shares** | <br>**Value**  |
| **Taiwan: 23.0%** | **Taiwan: 23.0%** | **Taiwan: 23.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co., Ltd. <br> ADR<br>| 13674 | $3819011 |
| Taiwan Semiconductor Manufacturing Co., Ltd. | 18000 | 770720 |
| Hon Hai Precision Industry Co., Ltd. | 69000 | 489008 |
| MediaTek, Inc. | 10000 | 431459 |
| Delta Electronics, Inc. | 15000 | 420303 |
| Alchip Technologies, Ltd. | 3000 | 341066 |
| Poya International Co., Ltd. | 21270 | 327306 |
| E Ink Holdings, Inc. | 40000 | 315638 |
| Tong Yang Industry Co., Ltd. | 76000 | 232902 |
| Quanta Computer, Inc. | 23000 | 218846 |
| Elite Material Co., Ltd. | 5000 | 200965 |
| **Total Taiwan** |  | **7567224** |
| **South Korea: 17.8%** | **South Korea: 17.8%** | **South Korea: 17.8%** |
| Samsung Electronics Co., Ltd. | 27951 | 1671422 |
| SK Hynix, Inc. | 2371 | 587237 |
| NAVER Corp. | 2701 | 516887 |
| Hanwha Aerospace Co., Ltd. | 540 | 426058 |
| HD Hyundai Electric Co., Ltd. | 1020 | 423107 |
| KB Financial Group, Inc. | 4617 | 380075 |
| Samsung Biologics Co., Ltd.<sup>b,c,d</sup> <br>| 488 | 346770 |
| Hyundai Mobis Co., Ltd. | 1467 | 312105 |
| Hyundai Motor Co. | 2026 | 310459 |
| Hana Financial Group, Inc. | 4773 | 296643 |
| Hugel, Inc.<sup>c</sup> <br>| 1171 | 252052 |
| HD HYUNDAI MIPO | 1161 | 168393 |
| &nbsp;&nbsp;&nbsp;&nbsp; HD Korea Shipbuilding & Offshore Engineering <br> Co., Ltd.<br>| 552 | 161699 |
| **Total South Korea** |  | **5852907** |
| **India: 17.6%** | **India: 17.6%** | **India: 17.6%** |
| HDFC Bank, Ltd. ADR | 16730 | 571497 |
| ICICI Bank, Ltd. ADR | 18295 | 553058 |
| Bandhan Bank, Ltd.<sup>b,d</sup> <br>| 235936 | 431036 |
| Apollo Hospitals Enterprise, Ltd. | 5006 | 417727 |
| Hindustan Unilever, Ltd. | 13980 | 395898 |
| Bharti Airtel, Ltd. | 18364 | 388506 |
| Mahindra & Mahindra, Ltd. | 9659 | 372811 |
| Reliance Industries, Ltd. | 23635 | 363088 |
| SBI Life Insurance Co., Ltd.<sup>b,d</sup> <br>| 16244 | 327592 |
| Phoenix Mills, Ltd. | 18488 | 323893 |
| Shriram Finance, Ltd. | 46662 | 323785 |
| State Bank of India | 32702 | 321334 |
| Eternal, Ltd.<sup>c</sup> <br>| 71090 | 260616 |
| Godrej Properties, Ltd.<sup>c</sup> <br>| 11736 | 260234 |
| Indian Hotels Co., Ltd. | 29600 | 240131 |
| Inox Wind, Ltd.<sup>c</sup> <br>| 141361 | 223277 |
| **Total India** |  | **5774483** |
| **Brazil: 8.8%** | **Brazil: 8.8%** | **Brazil: 8.8%** |
| Raia Drogasil SA | 114900 | 397416 |
| WEG SA | 49500 | 340097 |
| Rumo SA | 112900 | 338559 |
| Vivara Participacoes SA | 62400 | 334640 |
| MercadoLibre, Inc.<sup>c</sup> <br>| 136 | 317824 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cia de Saneamento Basico do Estado de Sao <br> Paulo SABESP<br>| 12700 | 315190 |
| XP, Inc. Class A | 16388 | 307931 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value**  |
| Localiza Rent a Car SA | 37900 | $280751 |
| Itau Unibanco Holding SA ADR | 34467 | 252988 |
| **Total Brazil** |  | **2885396** |
| **South Africa: 3.6%** | **South Africa: 3.6%** | **South Africa: 3.6%** |
| Absa Group, Ltd. | 33073 | 347149 |
| Discovery, Ltd. | 29762 | 339843 |
| Shoprite Holdings, Ltd. | 18696 | 296936 |
| Naspers, Ltd. N Shares | 553 | 200483 |
| **Total South Africa** |  | **1184411** |
| **Thailand: 3.6%** | **Thailand: 3.6%** | **Thailand: 3.6%** |
| Krungthai Card Public Co., Ltd. | 450900 | 417436 |
| CP ALL Public Co., Ltd. | 264100 | 385086 |
| &nbsp;&nbsp;&nbsp;&nbsp; Bangkok Dusit Medical Services Public Co., Ltd. <br> F Shares<br>| 575500 | 364072 |
| **Total Thailand** |  | **1166594** |
| **Singapore: 3.2%** | **Singapore: 3.2%** | **Singapore: 3.2%** |
| Grab Holdings, Ltd. Class A<sup>c</sup> <br>| 81248 | 489113 |
| Sea, Ltd. ADR<sup>c</sup> <br>| 1647 | 294368 |
| DFI Retail Group Holdings, Ltd. | 78410 | 255617 |
| **Total Singapore** |  | **1039098** |
| **Indonesia: 3.0%** | **Indonesia: 3.0%** | **Indonesia: 3.0%** |
| PT Bank Mandiri Persero Tbk | 1241300 | 327736 |
| PT Sumber Alfaria Trijaya Tbk | 2151600 | 249180 |
| PT GoTo Gojek Tokopedia Tbk<sup>c</sup> <br>| 63574900 | 206003 |
| PT Indosat Tbk | 1885400 | 197987 |
| **Total Indonesia** |  | **980906** |
| **Vietnam: 2.7%** | **Vietnam: 2.7%** | **Vietnam: 2.7%** |
| Asia Commercial Bank JSC | 548140 | 528912 |
| Mobile World Investment Corp. | 119600 | 351645 |
| **Total Vietnam** |  | **880557** |
| **Philippines: 2.6%** | **Philippines: 2.6%** | **Philippines: 2.6%** |
| International Container Terminal Services, Inc. | 43830 | 355159 |
| Globe Telecom, Inc. | 10280 | 264948 |
| Bank of the Philippine Islands | 118530 | 234209 |
| **Total Philippines** |  | **854316** |
| **Malaysia: 2.4%** | **Malaysia: 2.4%** | **Malaysia: 2.4%** |
| IHH Healthcare BHD | 265300 | 475945 |
| CIMB Group Holdings BHD | 175700 | 306437 |
| **Total Malaysia** |  | **782382** |
| **Mexico: 1.7%** | **Mexico: 1.7%** | **Mexico: 1.7%** |
| Banco del Bajio SA<sup>b,d</sup> <br>| 83229 | 209383 |
| Gentera SAB de CV | 69897 | 181067 |
| Grupo Financiero Banorte SAB de CV Class O | 16579 | 166835 |
| **Total Mexico** |  | **557285** |
| **Poland: 1.7%** | **Poland: 1.7%** | **Poland: 1.7%** |
| Powszechna Kasa Oszczednosci Bank Polski SA | 15532 | 301748 |
| InPost SA<sup>c</sup> <br>| 20370 | 250118 |
| **Total Poland** |  | **551866** |

---

**1**

------

Matthews Emerging Markets ex China Active ETFSeptember 30, 2025

*Schedule of Investments*<sup>a</sup> *(unaudited) (continued)*

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES** *(continued)* | **COMMON EQUITIES** *(continued)* | |
|  | **Shares** | <br>**Value**  |
| **Peru: 1.6%** | **Peru: 1.6%** | **Peru: 1.6%** |
| Cia de Minas Buenaventura SAA ADR | 21966 | $534433 |
| **Total Peru** |  | **534433** |
| **Greece: 1.2%** | **Greece: 1.2%** | **Greece: 1.2%** |
| Piraeus Financial Holdings SA | 46116 | 390900 |
| **Total Greece** |  | **390900** |
| **United Arab Emirates: 1.1%** | **United Arab Emirates: 1.1%** | **United Arab Emirates: 1.1%** |
| ADNOC Drilling Co. PJSC | 234909 | 360070 |
| **Total United Arab Emirates** |  | **360070** |
| **Saudi Arabia: 1.0%** | **Saudi Arabia: 1.0%** | **Saudi Arabia: 1.0%** |
| Saudi National Bank | 32769 | 342352 |
| **Total Saudi Arabia** |  | **342352** |
| **United States: 0.8%** | **United States: 0.8%** | **United States: 0.8%** |
| Freeport-McMoRan, Inc. | 6798 | 266617 |
| **Total United States** |  | **266617** |
| **Turkey: 0.6%** | **Turkey: 0.6%** | **Turkey: 0.6%** |
| BIM Birlesik Magazalar AS | 15766 | 205130 |
| **Total Turkey** |  | **205130** |
| **Argentina: 0.4%** | **Argentina: 0.4%** | **Argentina: 0.4%** |
| Grupo Financiero Galicia SA ADR | 5219 | 143836 |
| **Total Argentina** |  | **143836** |
| **TOTAL COMMON EQUITIES** | **TOTAL COMMON EQUITIES** | **32320763** |
| (Cost $26,448,497) |  |  |
| **SHORT-TERM INVESTMENTS: 0.5%** | **SHORT-TERM INVESTMENTS: 0.5%** |  |
| **Money Market Funds: 0.5%** | **Money Market Funds: 0.5%** | **Money Market Funds: 0.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market <br> Fund, Capital Shares, 4.04%<sup>e</sup> <br>| 144291 | **144291** |
| (Cost $144,291) |  |  |
| **Total Investments: 98.9%** |  | **32465054** |
| (Cost $26,592,788) |  |  |
| **CASH AND OTHER ASSETS,** <br>**LESS LIABILITIES: 1.1%**<br>|  | **371360** |
| **Net Assets: 100.0%** |  | **$32836414** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| a | &nbsp;&nbsp;&nbsp; Certain securities were fair valued under the valuation policies approved by the <br> Board of Trustees.<br>|
| b | &nbsp;&nbsp;&nbsp; Security exempt from registration under Rule 144A of the Securities Act of 1933, as <br> amended. The security may be resold in transactions exempt from registration <br> normally to qualified institutional buyers. The security has been determined to be <br> liquid in accordance with procedures adopted by the Funds' Board of Trustees. At <br> September 30, 2025, the aggregate value is $1,314,781, which is 4.00% of net <br> assets.<br>|
| c | Non-income producing security. |
| d | &nbsp;&nbsp;&nbsp; The securities may be resold to qualified foreign investors and foreign institutional <br> buyers under Regulation S of the Securities Act of 1933.<br>|
| e | Rate shown is the current yield as of September 30, 2025. |
| ADR | American Depositary Receipt |
| BHD | Berhad |
| JSC | Joint Stock Co. |
| PJSC | Public Joint Stock Co. |

---

Other information regarding the Fund is available in the Funds' most recent report to shareholders. This information is available on the Securities and Exchange Commission's website (www.sec.gov).

**2** 

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Matthews International Funds

- **b. Investment Company Act file number:** 811-08510

- **c. CIK number of Registrant:** 0000923184

- **d. LEI of Registrant:** 5493007IYPQKGSDVTS49

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

  - **Street Address 1:** Four Embarcadero Center

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94111

  - **Telephone number:** 415-788-7553

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

- **a. Name of Series:** Matthews Emerging Markets ex China Active ETF

- **b. EDGAR series identifier (if any):** S000079342

- **c. LEI of Series:** 2549002L3D9N495P1N06

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

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

- **b. Date as of which information is reported:** 2025-09-30

**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:** $32857434.76

**Total Liabilities:** $21021.18

**Net Assets:** $32836413.58

**Cash Not Reported:** $402084.87

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000240350 | 0.70%                | 0.64%                | 5.24%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1020279.05              | $-831837.38                                |
| Month 2  | $211866.78               | $-116557.56                                |
| Month 3  | $181092.41               | $1417963.20                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Reliance Industries Ltd        | Reliance Industries Ltd                                | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |     23635 | NS      | $363088.12    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Godrej Properties Ltd          | Godrej Properties Ltd                                  | CUSIP: 000000000<br>LEI: 335800KM3Y5NZWXOE183 | Long             | EC               | CORP              | IN        |     11736 | NS      | $260233.83    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| E Ink Holdings Inc             | E Ink Holdings Inc                                     | CUSIP: 000000000<br>LEI: 529900UOR451FJJYL571 | Long             | EC               | CORP              | TW        |     40000 | NS      | $315637.51    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| SBI Life Insurance Co Ltd      | SBI Life Insurance Co Ltd                              | CUSIP: 000000000<br>LEI: 335800WMVIESQUO95586 | Long             | EC               | CORP              | IN        |     16244 | NS      | $327592.25    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of the Philippine Islands | Bank of the Philippine Islands                         | CUSIP: 000000000<br>LEI: 549300UW4UH6XT2X8C50 | Long             | EC               | CORP              | PH        |    118530 | NS      | $234208.76    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Mandiri Persero Tbk PT    | Bank Mandiri Persero Tbk PT                            | CUSIP: 000000000<br>LEI: 549300RSKQN4Z5ZSGH94 | Long             | EC               | CORP              | ID        |   1241300 | NS      | $327735.97    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CP ALL PCL                     | CP ALL PCL                                             | CUSIP: 000000000<br>LEI: 894500LSBZLM09TY1A91 | Long             | EC               | CORP              | TH        |    264100 | NS      | $385086.41    | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Cia de Minas Buenaventura SAA  | Cia de Minas Buenaventura SAA                          | CUSIP: 204448104<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | EC               | CORP              | PE        |     21966 | NS      | $534432.78    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Mobile World Investment Corp   | Mobile World Investment Corp                           | CUSIP: 000000000<br>LEI: 254900ZRFNB8CRAHHO95 | Long             | EC               | CORP              | VN        |    119600 | NS      | $351644.91    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BIM Birlesik Magazalar AS      | BIM Birlesik Magazalar AS                              | CUSIP: 000000000<br>LEI: 7890001GCDJQD8DJKE29 | Long             | EC               | CORP              | TR        |     15766 | NS      | $205129.95    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi National Bank/The        | Saudi National Bank/The                                | CUSIP: 000000000<br>LEI: 5586006ZEFQ542K7CY16 | Long             | EC               | CORP              | SA        |     32769 | NS      | $342352.25    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hana Financial Group Inc       | Hana Financial Group Inc                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      4773 | NS      | $296643.46    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd     | Samsung Electronics Co Ltd                             | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |     27951 | NS      | $1671422.19   | 5.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Rumo SA                        | Rumo SA                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    112900 | NS      | $338559.02    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Banorte SAB d | Grupo Financiero Banorte SAB de CV                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     16579 | NS      | $166834.52    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| InPost SA                      | InPost SA                                              | CUSIP: 000000000<br>LEI: 2221003M23QLERR89585 | Long             | EC               | CORP              | PL        |     20370 | NS      | $250118.23    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| DFI Retail Group Holdings Ltd  | DFI Retail Group Holdings Ltd                          | CUSIP: 000000000<br>LEI: 213800NOTG41PZVNNX48 | Long             | EC               | CORP              | HK        |     78410 | NS      | $255616.60    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentera SAB de CV              | Gentera SAB de CV                                      | CUSIP: 000000000<br>LEI: 4469000001ECOWXFNE33 | Long             | EC               | CORP              | MX        |     69897 | NS      | $181066.88    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| WEG SA                         | WEG SA                                                 | CUSIP: 000000000<br>LEI: 254900NKQV127YFRO022 | Long             | EC               | CORP              | BR        |     49500 | NS      | $340097.27    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co Ltd              | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     18000 | NS      | $770719.86    | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Biologics Co Ltd       | Samsung Biologics Co Ltd                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       488 | NS      | $346770.25    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Telecom Inc              | Globe Telecom Inc                                      | CUSIP: 000000000<br>LEI: 254900GPWI1816YIM923 | Long             | EC               | CORP              | PH        |     10280 | NS      | $264948.45    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Absa Group Ltd                 | Absa Group Ltd                                         | CUSIP: 000000000<br>LEI: 2138006IPPRD4N6XLT30 | Long             | EC               | CORP              | ZA        |     33073 | NS      | $347149.08    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| HD HYUNDAI MIPO                | HD HYUNDAI MIPO                                        | CUSIP: 000000000<br>LEI: 988400L1JDH871AJTA03 | Long             | EC               | CORP              | KR        |      1161 | NS      | $168392.79    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc           | Freeport-McMoRan Inc                                   | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |      6798 | NS      | $266617.56    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Discovery Ltd                  | Discovery Ltd                                          | CUSIP: 000000000<br>LEI: 378900245A26169C8132 | Long             | EC               | CORP              | ZA        |     29762 | NS      | $339841.41    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVER Corp                     | NAVER Corp                                             | CUSIP: 000000000<br>LEI: 988400ULUQYDB2HQYJ61 | Long             | EC               | CORP              | KR        |      2701 | NS      | $516887.14    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co Ltd              | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     13674 | NS      | $3819011.46   | 11.63%            |  |  |  | No            |                  1 | On Loan: No      |
| SK Hynix Inc                   | SK Hynix Inc                                           | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |      2371 | NS      | $587236.73    | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Computer Inc            | Quanta Computer Inc                                    | CUSIP: 000000000<br>LEI: 529900DE8BIV3XOXIK04 | Long             | EC               | CORP              | TW        |     23000 | NS      | $218846.38    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Eternal Ltd                    | Eternal Ltd                                            | CUSIP: 000000000<br>LEI: 335800T4VOF9ETHF8W59 | Long             | EC               | CORP              | IN        |     71090 | NS      | $260616.29    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Financial Group Inc         | KB Financial Group Inc                                 | CUSIP: 000000000<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |      4617 | NS      | $380074.48    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ADNOC Drilling Co PJSC         | ADNOC Drilling Co PJSC                                 | CUSIP: 000000000<br>LEI: 254900JPRSQL1PM0JV19 | Long             | EC               | CORP              | AE        |    234909 | NS      | $360070.15    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Mahindra & Mahindra Ltd        | Mahindra & Mahindra Ltd                                | CUSIP: 000000000<br>LEI: 3358003B573EV4KB4Z02 | Long             | EC               | CORP              | IN        |      9659 | NS      | $372810.67    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Bharti Airtel Ltd              | Bharti Airtel Ltd                                      | CUSIP: 000000000<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | EC               | CORP              | IN        |     18364 | NS      | $388505.72    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Elite Material Co Ltd          | Elite Material Co Ltd                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      5000 | NS      | $200964.63    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Bank Ltd                 | ICICI Bank Ltd                                         | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     18295 | NS      | $553057.85    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Naspers Ltd                    | Naspers Ltd                                            | CUSIP: 000000000<br>LEI: 21380044BQ8812EEKT59 | Long             | EC               | CORP              | ZA        |       553 | NS      | $200483.29    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Mobis Co Ltd           | Hyundai Mobis Co Ltd                                   | CUSIP: 000000000<br>LEI: 988400HJA9E0ZVDHRS65 | Long             | EC               | CORP              | KR        |      1467 | NS      | $312105.41    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Grab Holdings Ltd              | Grab Holdings Ltd                                      | CUSIP: 000000000<br>LEI: 549300N4VQX83VPJF439 | Long             | EC               | CORP              | SG        |     81248 | NS      | $489112.96    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanwha Aerospace Co Ltd        | Hanwha Aerospace Co Ltd                                | CUSIP: 000000000<br>LEI: 9884001NSUA8FQKQWR25 | Long             | EC               | CORP              | KR        |       540 | NS      | $426057.52    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Tong Yang Industry Co Ltd      | Tong Yang Industry Co Ltd                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     76000 | NS      | $232902.42    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco del Bajio SA             | Banco del Bajio SA                                     | CUSIP: 000000000<br>LEI: 4469000001BD95FFLY16 | Long             | EC               | CORP              | MX        |     83229 | NS      | $209383.42    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoprite Holdings Ltd          | Shoprite Holdings Ltd                                  | CUSIP: 000000000<br>LEI: 529900Q4O1EYP6NH5150 | Long             | EC               | CORP              | ZA        |     18696 | NS      | $296936.15    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Bangkok Dusit Medical Services | Bangkok Dusit Medical Services PCL                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    575500 | NS      | $364071.90    | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Shriram Finance Ltd            | Shriram Finance Ltd                                    | CUSIP: 000000000<br>LEI: 335800TM2YO24B76XL26 | Long             | EC               | CORP              | IN        |     46662 | NS      | $323784.92    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Raia Drogasil SA               | Raia Drogasil SA                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    114900 | NS      | $397415.85    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Electronics Inc          | Delta Electronics Inc                                  | CUSIP: 000000000<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |     15000 | NS      | $420303.17    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Piraeus Financial Holdings SA  | Piraeus Financial Holdings SA                          | CUSIP: 000000000<br>LEI: M6AD1Y1KW32H8THQ6F76 | Long             | EC               | CORP              | GR        |     46116 | NS      | $390900.11    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Hon Hai Precision Industry Co  | Hon Hai Precision Industry Co Ltd                      | CUSIP: 000000000<br>LEI: 30030004CM3GSZXX7O56 | Long             | EC               | CORP              | TW        |     69000 | NS      | $489008.47    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| JP MORGAN US GOVT CAPITAL      | JP MORGAN US GOVT CAPITAL                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    144291 | NS      | $144291.40    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Powszechna Kasa Oszczednosci B | Powszechna Kasa Oszczednosci Bank Polski SA            | CUSIP: 000000000<br>LEI: P4GTT6GF1W40CVIMFR43 | Long             | EC               | CORP              | PL        |     15532 | NS      | $301747.69    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Bandhan Bank Ltd               | Bandhan Bank Ltd                                       | CUSIP: 000000000<br>LEI: 335800Q13QAC32IOCH33 | Long             | EC               | CORP              | IN        |    235936 | NS      | $431036.35    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Hospitals Enterprise Lt | Apollo Hospitals Enterprise Ltd                        | CUSIP: 000000000<br>LEI: 3358005YT7JQCWYLTG43 | Long             | EC               | CORP              | IN        |      5006 | NS      | $417726.95    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ICTSI                          | International Container Terminal Services Inc          | CUSIP: 000000000<br>LEI: 254900FU1MWK0I0Q4J61 | Long             | EC               | CORP              | PH        |     43830 | NS      | $355158.56    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Galicia SA    | Grupo Financiero Galicia SA                            | CUSIP: 399909100<br>LEI: 5299008H3AXIXV5G3C23 | Long             | EC               | CORP              | AR        |      5219 | NS      | $143835.64    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Phoenix Mills Ltd/The          | Phoenix Mills Ltd/The                                  | CUSIP: 000000000<br>LEI: 33580037PCXCE5PNQU51 | Long             | EC               | CORP              | IN        |     18488 | NS      | $323893.33    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| State Bank of India            | State Bank of India                                    | CUSIP: 000000000<br>LEI: 5493001JZ37UBBZF6L49 | Long             | EC               | CORP              | IN        |     32702 | NS      | $321334.18    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Poya International Co Ltd      | Poya International Co Ltd                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     21270 | NS      | $327305.93    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| HD Hyundai Electric Co Ltd     | HD Hyundai Electric Co Ltd                             | CUSIP: 000000000<br>LEI: 988400CSDKM9UHLHGB91 | Long             | EC               | CORP              | KR        |      1020 | NS      | $423106.80    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc               | MercadoLibre Inc                                       | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |       136 | NS      | $317823.84    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| CIMB Group Holdings Bhd        | CIMB Group Holdings Bhd                                | CUSIP: 000000000<br>LEI: 549300FYDN5UD7USZW18 | Long             | EC               | CORP              | MY        |    175700 | NS      | $306436.50    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Vivara Participacoes SA        | Vivara Participacoes SA                                | CUSIP: 000000000<br>LEI: 254900KO2WRLAVSJDR42 | Long             | EC               | CORP              | BR        |     62400 | NS      | $334640.37    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumber Alfaria Trijaya Tbk PT  | Sumber Alfaria Trijaya Tbk PT                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |   2151600 | NS      | $249180.20    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Indian Hotels Co Ltd/The       | Indian Hotels Co Ltd/The                               | CUSIP: 000000000<br>LEI: 33580076CH5SBY5HWA22 | Long             | EC               | CORP              | IN        |     29600 | NS      | $240130.42    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Itau Unibanco Holding SA       | Itau Unibanco Holding SA                               | CUSIP: 465562106<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EC               | CORP              | BR        |     34467 | NS      | $252987.78    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| IHH Healthcare Bhd             | IHH Healthcare Bhd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    265300 | NS      | $475945.11    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Alchip Technologies Ltd        | Alchip Technologies Ltd                                | CUSIP: 000000000<br>LEI: 529900HKE9RIY07SLX84 | Long             | EC               | CORP              | TW        |      3000 | NS      | $341065.69    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                        | Sea Ltd                                                | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | SG        |      1647 | NS      | $294368.31    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia de Saneamento Basico do Es | Cia de Saneamento Basico do Estado de Sao Paulo SABESP | CUSIP: 000000000<br>LEI: 254900UOXRZRS2TNWP19 | Long             | EC               | CORP              | BR        |     12700 | NS      | $315189.79    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Localiza Rent a Car SA         | Localiza Rent a Car SA                                 | CUSIP: 000000000<br>LEI: 984500C442A7E0CD4D11 | Long             | EC               | CORP              | BR        |     37900 | NS      | $280751.28    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| MediaTek Inc                   | MediaTek Inc                                           | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |     10000 | NS      | $431458.76    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Asia Commercial Bank JSC       | Asia Commercial Bank JSC                               | CUSIP: 000000000<br>LEI: 5493001VSLUXY7LJS086 | Long             | EC               | CORP              | VN        |    548140 | NS      | $528912.48    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                  | HDFC Bank Ltd                                          | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |     16730 | NS      | $571496.80    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| HD Korea Shipbuilding & Offsho | HD Korea Shipbuilding & Offshore Engineering Co Ltd    | CUSIP: 000000000<br>LEI: 988400DPTJ9KH5R6W540 | Long             | EC               | CORP              | KR        |       552 | NS      | $161699.16    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Hindustan Unilever Ltd         | Hindustan Unilever Ltd                                 | CUSIP: 000000000<br>LEI: 5493007IW5N37IKRPM32 | Long             | EC               | CORP              | IN        |     13980 | NS      | $395898.26    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| XP Inc                         | XP Inc                                                 | CUSIP: 000000000<br>LEI: 5493008KDA8NBZRJST80 | Long             | EC               | CORP              | BR        |     16388 | NS      | $307930.52    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Indosat Tbk PT                 | Indosat Tbk PT                                         | CUSIP: 000000000<br>LEI: 254900YJOUDT9FUSHL33 | Long             | EC               | CORP              | ID        |   1885400 | NS      | $197986.80    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Inox Wind Ltd                  | Inox Wind Ltd                                          | CUSIP: 000000000<br>LEI: 335800JZWDBRD7XG2Z98 | Long             | EC               | CORP              | IN        |    141361 | NS      | $223276.78    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Hugel Inc                      | Hugel Inc                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1171 | NS      | $252052.31    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Krungthai Card PCL             | Krungthai Card PCL                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    450900 | NS      | $417435.58    | 1.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Motor Co               | Hyundai Motor Co                                       | CUSIP: 000000000<br>LEI: 9884004RQX8PRBXQ8S60 | Long             | EC               | CORP              | KR        |      2026 | NS      | $310459.36    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| GoTo Gojek Tokopedia Tbk PT    | GoTo Gojek Tokopedia Tbk PT                            | CUSIP: 000000000<br>LEI: 254900MT2CH1Y5Y7OX69 | Long             | EC               | CORP              | ID        |  63574900 | NS      | $206003.28    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Matthews International Funds

**Signature:** Shai Malka

**Name of Signer:** Shai Malka

**Title:** Treasurer