# EDGAR Filing Document

**Accession Number:** 0000923184
**File Stem:** 0000940400-25-009743
**Filing Date:** 2025-11
**Character Count:** 29133
**Document Hash:** 4150a331eda805d07d454624d4f2d9aa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009743.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009743

**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:** 251513057

**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 JAPAN FUND (Series ID: S000001033)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000002791 | Investor Class Shares      | MJFOX           |
| C000093225 | Institutional Class Shares | MIJFX           |

## Nport-Ex

Matthews Japan FundSeptember 30, 2025

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

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

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES: 96.6%** | **COMMON EQUITIES: 96.6%** | |
|  | **Shares** | <br>**Value** |
| **Industrials: 21.8%** | **Industrials: 21.8%** | **Industrials: 21.8%** |
| **Industrial Conglomerates: 5.6%** | **Industrial Conglomerates: 5.6%** | **Industrial Conglomerates: 5.6%** |
| Hitachi, Ltd. | 738900 | $19575729 |
| Hikari Tsushin, Inc. | 41800 | 11644177 |
| Sekisui Chemical Co., Ltd. | 470800 | 8764724 |
|  |  | **39984630** |
| **Trading Companies & Distributors: 5.3%** | **Trading Companies & Distributors: 5.3%** | **Trading Companies & Distributors: 5.3%** |
| Marubeni Corp. | 896700 | 22374653 |
| ITOCHU Corp. | 264300 | 15038246 |
|  |  | **37412899** |
| **Electrical Equipment: 4.0%** | **Electrical Equipment: 4.0%** | **Electrical Equipment: 4.0%** |
| Mitsubishi Electric Corp. | 707900 | 18181519 |
| Fuji Electric Co., Ltd. | 157600 | 10564518 |
|  |  | **28746037** |
| **Construction & Engineering: 3.2%** | **Construction & Engineering: 3.2%** | **Construction & Engineering: 3.2%** |
| Kajima Corp. | 417700 | 12173801 |
| Kinden Corp. | 302400 | 10340599 |
|  |  | **22514400** |
| **Ground Transportation: 2.0%** | **Ground Transportation: 2.0%** | **Ground Transportation: 2.0%** |
| East Japan Railway Co. | 578600 | **14151882** |
| **Professional Services: 1.7%** | **Professional Services: 1.7%** | **Professional Services: 1.7%** |
| Recruit Holdings Co., Ltd. | 230100 | **12371068** |
| **Total Industrials** |  | **155180916** |
| **Consumer Discretionary: 21.1%** | **Consumer Discretionary: 21.1%** | **Consumer Discretionary: 21.1%** |
| **Household Durables: 7.1%** | **Household Durables: 7.1%** | **Household Durables: 7.1%** |
| Sony Group Corp. | 1552500 | 44629255 |
| Sumitomo Forestry Co., Ltd. | 479600 | 5722209 |
|  |  | **50351464** |
| **Automobile Components: 4.0%** | **Automobile Components: 4.0%** | **Automobile Components: 4.0%** |
| Sumitomo Electric Industries, Ltd. | 466400 | 13270970 |
| Yokohama Rubber Co., Ltd. | 254600 | 9416738 |
| GS Yuasa Corp. | 252900 | 5974661 |
|  |  | **28662369** |
| **Automobiles: 3.3%** | **Automobiles: 3.3%** | **Automobiles: 3.3%** |
| Toyota Motor Corp. | 1230700 | **23637398** |
| **Specialty Retail: 2.7%** | **Specialty Retail: 2.7%** | **Specialty Retail: 2.7%** |
| Fast Retailing Co., Ltd. | 37200 | 11298080 |
| Sanrio Co., Ltd. | 173500 | 8144103 |
|  |  | **19442183** |
| **Textiles, Apparel & Luxury Goods: 2.5%** | **Textiles, Apparel & Luxury Goods: 2.5%** | **Textiles, Apparel & Luxury Goods: 2.5%** |
| Asics Corp. | 667500 | **17466804** |
| **Broadline Retail: 1.5%** | **Broadline Retail: 1.5%** | **Broadline Retail: 1.5%** |
| Isetan Mitsukoshi Holdings, Ltd. | 435100 | 8024157 |
| Ryohin Keikaku Co., Ltd. | 138000 | 2745808 |
|  |  | **10769965** |
| **Total Consumer Discretionary** |  | **150330183** |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financials: 16.2%** | **Financials: 16.2%** | **Financials: 16.2%** |
| **Banks: 7.9%** | **Banks: 7.9%** | **Banks: 7.9%** |
| Mitsubishi UFJ Financial Group, Inc. | 2188400 | $35301909 |
| Shizuoka Financial Group, Inc. | 893600 | 12223765 |
| Rakuten Bank, Ltd.<sup>b</sup> <br>| 155200 | 8663174 |
|  |  | **56188848** |
| **Insurance: 5.4%** | **Insurance: 5.4%** | **Insurance: 5.4%** |
| Tokio Marine Holdings, Inc. | 610600 | 25842518 |
| T&D Holdings, Inc. | 435000 | 10633023 |
| Sony Financial Group, Inc.<sup>b</sup> <br>| 1549700 | 1718570 |
|  |  | **38194111** |
| **Financial Services: 2.9%** | **Financial Services: 2.9%** | **Financial Services: 2.9%** |
| ORIX Corp. | 790700 | **20752704** |
| **Total Financials** |  | **115135663** |
| **Information Technology: 15.6%** | **Information Technology: 15.6%** | **Information Technology: 15.6%** |
| **Semiconductors & Semiconductor Equipment: 6.1%** | **Semiconductors & Semiconductor Equipment: 6.1%** | **Semiconductors & Semiconductor Equipment: 6.1%** |
| Tokyo Electron, Ltd. | 145800 | 25845524 |
| Kioxia Holdings Corp.<sup>b</sup> <br>| 269200 | 8841791 |
| Renesas Electronics Corp. | 752800 | 8661110 |
|  |  | **43348425** |
| **IT Services: 5.0%** | **IT Services: 5.0%** | **IT Services: 5.0%** |
| NEC Corp. | 624500 | 19989675 |
| Fujitsu, Ltd. | 669500 | 15705355 |
|  |  | **35695030** |
| **Electronic Equipment, Instruments & Components: 3.8%** | **Electronic Equipment, Instruments & Components: 3.8%** | **Electronic Equipment, Instruments & Components: 3.8%** |
| TDK Corp. | 1016500 | 14719738 |
| Japan Aviation Electronics Industry, Ltd. | 376300 | 6387130 |
| Anritsu Corp. | 499700 | 6360005 |
|  |  | **27466873** |
| **Software: 0.7%** | **Software: 0.7%** | **Software: 0.7%** |
| Digital Arts, Inc. | 90900 | **4715764** |
| **Total Information Technology** |  | **111226092** |
| **Communication Services: 7.0%** | **Communication Services: 7.0%** | **Communication Services: 7.0%** |
| **Entertainment: 4.0%** | **Entertainment: 4.0%** | **Entertainment: 4.0%** |
| Nintendo Co., Ltd. | 177400 | 15348515 |
| Capcom Co., Ltd. | 331500 | 9000560 |
| Toei Animation Co., Ltd. | 183100 | 3779464 |
|  |  | **28128539** |
| **Wireless Telecommunication Services: 1.9%** | **Wireless Telecommunication Services: 1.9%** | **Wireless Telecommunication Services: 1.9%** |
| SoftBank Group Corp. | 108500 | **13690590** |
| **Media: 1.1%** | **Media: 1.1%** | **Media: 1.1%** |
| CyberAgent, Inc. | 649700 | **7798789** |
| **Total Communication Services** |  | **49617918** |
| **Consumer Staples: 5.5%** | **Consumer Staples: 5.5%** | **Consumer Staples: 5.5%** |
| **Personal Care Products: 2.0%** | **Personal Care Products: 2.0%** | **Personal Care Products: 2.0%** |
| Kao Corp. | 322800 | **14067962** |
| **Beverages: 1.8%** | **Beverages: 1.8%** | **Beverages: 1.8%** |
| Asahi Group Holdings, Ltd. | 1086500 | **13025976** |

---

*matthewsasia.com* \| 800.789.ASIA **1**

------

Matthews Japan FundSeptember 30, 2025

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

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES** *(continued)* | **COMMON EQUITIES** *(continued)* | |
|  | **Shares** | <br>**Value** |
| **Food Products: 1.7%** | **Food Products: 1.7%** | **Food Products: 1.7%** |
| Ajinomoto Co., Inc. | 434100 | **$12445306** |
| **Total Consumer Staples** |  | **39539244** |
| **Health Care: 3.8%** | **Health Care: 3.8%** | **Health Care: 3.8%** |
| **Health Care Equipment & Supplies: 1.9%** | **Health Care Equipment & Supplies: 1.9%** | **Health Care Equipment & Supplies: 1.9%** |
| Terumo Corp. | 829900 | **13690463** |
| **Pharmaceuticals: 1.9%** | **Pharmaceuticals: 1.9%** | **Pharmaceuticals: 1.9%** |
| Sawai Group Holdings Co., Ltd. | 653200 | 8875306 |
| Daiichi Sankyo Co., Ltd. | 202500 | 4556293 |
|  |  | **13431599** |
| **Total Health Care** |  | **27122062** |
| **Materials: 3.1%** | **Materials: 3.1%** | **Materials: 3.1%** |
| **Chemicals: 3.1%** | **Chemicals: 3.1%** | **Chemicals: 3.1%** |
| Shin-Etsu Chemical Co., Ltd. | 474700 | 15543357 |
| Nippon Paint Holdings Co., Ltd. | 949900 | 6480567 |
| **Total Materials** |  | **22023924** |
| **Real Estate: 2.5%** | **Real Estate: 2.5%** | **Real Estate: 2.5%** |
| **Real Estate Management & Development: 2.5%** | **Real Estate Management & Development: 2.5%** | **Real Estate Management & Development: 2.5%** |
| Mitsui Fudosan Co., Ltd. | 854000 | 9296735 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| Sumitomo Realty & Development Co., Ltd. | 196100 | $8649852 |
| **Total Real Estate** |  | **17946587** |
| **Total Investments: 96.6%** |  | **688122589** |
| (Cost $554,994,095) |  |  |
| **CASH AND OTHER ASSETS,** <br>**LESS LIABILITIES: 3.4%**<br>|  | **24524876** |
| **Net Assets: 100.0%** |  | **$712647465** |

---

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

a Certain securities were fair valued under the valuation policies approved by the Board of Trustees. <br> b Non-income producing security.

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** MATTHEWS ASIA FUNDS

------

## 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 Japan Fund

- **b. EDGAR series identifier (if any):** S000001033

- **c. LEI of Series:** 549300P20ZRZ4BHKII44

**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:** $715527523.68

**Total Liabilities:** $2825602.67

**Net Assets:** $712701921.01

**Cash Not Reported:** $20295806.30

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000093225 | -4.24%               | 6.08%                | 2.84%                |
| Class ID C000002791 | -4.26%               | 6.06%                | 2.90%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $19044795.87             | $-47511270.27                              |
| Month 2  | $10129783.80             | $30054542.45                               |
| Month 3  | $5730670.12              | $7728862.01                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Digital Arts Inc               | Digital Arts Inc                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     90900 | NS      | $4715764.14   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujitsu Ltd                    | Fujitsu Ltd                             | CUSIP: 000000000<br>LEI: 3538000246DHJLRTUZ24 | Long             | EC               | CORP              | JP        |    669500 | NS      | $15705355.24  | 2.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Kioxia Holdings Corp           | Kioxia Holdings Corp                    | CUSIP: 000000000<br>LEI: 35380080RTKRARNH4R73 | Long             | EC               | CORP              | JP        |    269200 | NS      | $8841791.40   | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Kajima Corp                    | Kajima Corp                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    417700 | NS      | $12173801.62  | 1.71%             |  |  |  | No            |                  2 | On Loan: No      |
| T&D Holdings Inc               | T&D Holdings Inc                        | CUSIP: 000000000<br>LEI: 3538008ARJ1MACEWA242 | Long             | EC               | CORP              | JP        |    435000 | NS      | $10633022.63  | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Fuji Electric Co Ltd           | Fuji Electric Co Ltd                    | CUSIP: 000000000<br>LEI: 5299000HVNGZZTYYM906 | Long             | EC               | CORP              | JP        |    157600 | NS      | $10564517.78  | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Shin-Etsu Chemical Co Ltd      | Shin-Etsu Chemical Co Ltd               | CUSIP: 000000000<br>LEI: 353800PX8Q64N86H5W41 | Long             | EC               | CORP              | JP        |    474700 | NS      | $15543356.41  | 2.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Sekisui Chemical Co Ltd        | Sekisui Chemical Co Ltd                 | CUSIP: 000000000<br>LEI: 529900KQIVT7NWFNMI70 | Long             | EC               | CORP              | JP        |    470800 | NS      | $8764724.11   | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Hitachi Ltd                    | Hitachi Ltd                             | CUSIP: 000000000<br>LEI: 549300T6IPOCDWLKC615 | Long             | EC               | CORP              | JP        |    738900 | NS      | $19575728.30  | 2.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Terumo Corp                    | Terumo Corp                             | CUSIP: 000000000<br>LEI: 353800JX1R4582QVK932 | Long             | EC               | CORP              | JP        |    829900 | NS      | $13690463.33  | 1.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group | Mitsubishi UFJ Financial Group Inc      | CUSIP: 000000000<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |   2188400 | NS      | $35301908.87  | 4.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Anritsu Corp                   | Anritsu Corp                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    499700 | NS      | $6360004.62   | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiichi Sankyo Co Ltd          | Daiichi Sankyo Co Ltd                   | CUSIP: 000000000<br>LEI: 353800XGIU2IHQGC9504 | Long             | EC               | CORP              | JP        |    202500 | NS      | $4556292.92   | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Aviation Electronics Ind | Japan Aviation Electronics Industry Ltd | CUSIP: 000000000<br>LEI: 353800OSHAMOO6TCTF61 | Long             | EC               | CORP              | JP        |    376300 | NS      | $6387130.31   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Kinden Corp                    | Kinden Corp                             | CUSIP: 000000000<br>LEI: 35380008T6JUN5TU9T34 | Long             | EC               | CORP              | JP        |    302400 | NS      | $10340598.72  | 1.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Electron Ltd             | Tokyo Electron Ltd                      | CUSIP: 000000000<br>LEI: 549300H5LSF8DP3RIJ34 | Long             | EC               | CORP              | JP        |    145800 | NS      | $25845523.81  | 3.63%             |  |  |  | No            |                  2 | On Loan: No      |
| SoftBank Group Corp            | SoftBank Group Corp                     | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | EC               | CORP              | JP        |    108500 | NS      | $13690589.66  | 1.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Sony Group Corp                | Sony Group Corp                         | CUSIP: 000000000<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |   1552500 | NS      | $44629254.90  | 6.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Sawai Group Holdings Co Ltd    | Sawai Group Holdings Co Ltd             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    653200 | NS      | $8875306.01   | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| GS Yuasa Corp                  | GS Yuasa Corp                           | CUSIP: 000000000<br>LEI: 353800MW7O6PQQHLDR79 | Long             | EC               | CORP              | JP        |    252900 | NS      | $5974661.05   | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Shizuoka Financial Group Inc   | Shizuoka Financial Group Inc            | CUSIP: 000000000<br>LEI: 353800MNO5C8V2SHGA81 | Long             | EC               | CORP              | JP        |    893600 | NS      | $12223765.71  | 1.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Marubeni Corp                  | Marubeni Corp                           | CUSIP: 000000000<br>LEI: 4P4N3ORD02UGQT1T1W12 | Long             | EC               | CORP              | JP        |    896700 | NS      | $22374652.58  | 3.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Toei Animation Co Ltd          | Toei Animation Co Ltd                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    183100 | NS      | $3779463.78   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| East Japan Railway Co          | East Japan Railway Co                   | CUSIP: 000000000<br>LEI: 353800SENYJ2DSM6PS44 | Long             | EC               | CORP              | JP        |    578600 | NS      | $14151882.46  | 1.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Ajinomoto Co Inc               | Ajinomoto Co Inc                        | CUSIP: 000000000<br>LEI: 353800UT0TLROREPIC92 | Long             | EC               | CORP              | JP        |    434100 | NS      | $12445306.40  | 1.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Isetan Mitsukoshi Holdings Ltd | Isetan Mitsukoshi Holdings Ltd          | CUSIP: 000000000<br>LEI: 529900SY5RZO92EFG035 | Long             | EC               | CORP              | JP        |    435100 | NS      | $8024156.72   | 1.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Nintendo Co Ltd                | Nintendo Co Ltd                         | CUSIP: 000000000<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               | CORP              | JP        |    177400 | NS      | $15348515.11  | 2.15%             |  |  |  | No            |                  2 | On Loan: No      |
| ITOCHU Corp                    | ITOCHU Corp                             | CUSIP: 000000000<br>LEI: J48DJYXDTLHM30UMYI18 | Long             | EC               | CORP              | JP        |    264300 | NS      | $15038246.09  | 2.11%             |  |  |  | No            |                  2 | On Loan: No      |
| NEC Corp                       | NEC Corp                                | CUSIP: 000000000<br>LEI: 5493000QYMPFRTEY4K28 | Long             | EC               | CORP              | JP        |    624500 | NS      | $19989675.06  | 2.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Capcom Co Ltd                  | Capcom Co Ltd                           | CUSIP: 000000000<br>LEI: 529900JJWQKXS3TC8744 | Long             | EC               | CORP              | JP        |    331500 | NS      | $9000559.92   | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Rakuten Bank Ltd               | Rakuten Bank Ltd                        | CUSIP: 000000000<br>LEI: 3538007HFAF2NOCBUE44 | Long             | EC               | CORP              | JP        |    155200 | NS      | $8663174.11   | 1.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Electric Industries L | Sumitomo Electric Industries Ltd        | CUSIP: 000000000<br>LEI: 5493005SP87FL5TOS202 | Long             | EC               | CORP              | JP        |    466400 | NS      | $13270969.65  | 1.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Ryohin Keikaku Co Ltd          | Ryohin Keikaku Co Ltd                   | CUSIP: 000000000<br>LEI: 549300PMNF56J66BY371 | Long             | EC               | CORP              | JP        |    138000 | NS      | $2745808.30   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Asahi Group Holdings Ltd       | Asahi Group Holdings Ltd                | CUSIP: 000000000<br>LEI: 353800KAJ02XNHLCJW79 | Long             | EC               | CORP              | JP        |   1086500 | NS      | $13025976.07  | 1.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Recruit Holdings Co Ltd        | Recruit Holdings Co Ltd                 | CUSIP: 000000000<br>LEI: 353800R2LRSMVVC4I806 | Long             | EC               | CORP              | JP        |    230100 | NS      | $12371067.80  | 1.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Electric Corp       | Mitsubishi Electric Corp                | CUSIP: 000000000<br>LEI: 549300TRXM9Y6561AX39 | Long             | EC               | CORP              | JP        |    707900 | NS      | $18181519.04  | 2.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Fast Retailing Co Ltd          | Fast Retailing Co Ltd                   | CUSIP: 000000000<br>LEI: 353800ZCXKHDPY0N5218 | Long             | EC               | CORP              | JP        |     37200 | NS      | $11298080.08  | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Kao Corp                       | Kao Corp                                | CUSIP: 000000000<br>LEI: 353800HM38HFCB8RGL63 | Long             | EC               | CORP              | JP        |    322800 | NS      | $14067962.01  | 1.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Asics Corp                     | Asics Corp                              | CUSIP: 000000000<br>LEI: 3538002LJMRZ83SU0B85 | Long             | EC               | CORP              | JP        |    667500 | NS      | $17466803.74  | 2.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanrio Co Ltd                  | Sanrio Co Ltd                           | CUSIP: 000000000<br>LEI: 3538002Q5JQLOMSPH125 | Long             | EC               | CORP              | JP        |    173500 | NS      | $8144102.94   | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Renesas Electronics Corp       | Renesas Electronics Corp                | CUSIP: 000000000<br>LEI: 5299000EPC47VJQOFB81 | Long             | EC               | CORP              | JP        |    752800 | NS      | $8661109.42   | 1.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Yokohama Rubber Co Ltd/The     | Yokohama Rubber Co Ltd/The              | CUSIP: 000000000<br>LEI: 52990036XNWY2FMYWB76 | Long             | EC               | CORP              | JP        |    254600 | NS      | $9416738.10   | 1.32%             |  |  |  | No            |                  2 | On Loan: No      |
| TDK Corp                       | TDK Corp                                | CUSIP: 000000000<br>LEI: 3538005O8WNU39U8NX03 | Long             | EC               | CORP              | JP        |   1016500 | NS      | $14719737.56  | 2.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokio Marine Holdings Inc      | Tokio Marine Holdings Inc               | CUSIP: 000000000<br>LEI: 5299009QN2NZ191KLS29 | Long             | EC               | CORP              | JP        |    610600 | NS      | $25842517.59  | 3.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Hikari Tsushin Inc             | Hikari Tsushin Inc                      | CUSIP: 000000000<br>LEI: 3538001SOIIV8U3OXH94 | Long             | EC               | CORP              | JP        |     41800 | NS      | $11644177.27  | 1.63%             |  |  |  | No            |                  2 | On Loan: No      |
| ORIX Corp                      | ORIX Corp                               | CUSIP: 000000000<br>LEI: 35380016EMHNBOVYE123 | Long             | EC               | CORP              | JP        |    790700 | NS      | $20752704.11  | 2.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Realty & Development  | Sumitomo Realty & Development Co Ltd    | CUSIP: 000000000<br>LEI: 353800SO2DCLOI3LNZ64 | Long             | EC               | CORP              | JP        |    196100 | NS      | $8649852.24   | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Paint Holdings Co Ltd   | Nippon Paint Holdings Co Ltd            | CUSIP: 000000000<br>LEI: 529900RYRJUN78A7PL87 | Long             | EC               | CORP              | JP        |    949900 | NS      | $6480567.19   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Forestry Co Ltd       | Sumitomo Forestry Co Ltd                | CUSIP: 000000000<br>LEI: 549300FIIRGO6D5FWR19 | Long             | EC               | CORP              | JP        |    479600 | NS      | $5722209.45   | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Fudosan Co Ltd          | Mitsui Fudosan Co Ltd                   | CUSIP: 000000000<br>LEI: 353800ND4ZKNZDYKMF33 | Long             | EC               | CORP              | JP        |    854000 | NS      | $9296735.24   | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Motor Corp              | Toyota Motor Corp                       | CUSIP: 000000000<br>LEI: 5493006W3QUS5LMH6R84 | Long             | EC               | CORP              | JP        |   1230700 | NS      | $23637398.01  | 3.32%             |  |  |  | No            |                  2 | On Loan: No      |
| CyberAgent Inc                 | CyberAgent Inc                          | CUSIP: 000000000<br>LEI: 3538006T5KZABPGS8Q08 | Long             | EC               | CORP              | JP        |    649700 | NS      | $7798789.32   | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Sony Financial Group Inc       | Sony Financial Group Inc                | CUSIP: 000000000<br>LEI: 353800O7BDSU41WOZA60 | Long             | EC               | CORP              | JP        |   1549700 | NS      | $1718570.51   | 0.24%             |  |  |  | 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