# EDGAR Filing Document

**Accession Number:** 0001592900
**File Stem:** 0001592900-26-001041
**Filing Date:** 2026-2
**Character Count:** 66874
**Document Hash:** 3282827e065aed11cbb7ae2dfbf0d5fc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001592900-26-001041.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001592900-26-001041

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EA Series Trust
- **CENTRAL INDEX KEY:** 0001592900

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22961
- **FILM NUMBER:** 26696699

**BUSINESS ADDRESS:**
- **STREET 1:** 3803 WEST CHESTER PIKE, SUITE 150
- **CITY:** NEWTOWN SQUARE
- **STATE:** PA
- **ZIP:** 19073
- **BUSINESS PHONE:** 1.215.882.9983

**MAIL ADDRESS:**
- **STREET 1:** 3803 WEST CHESTER PIKE, SUITE 150
- **CITY:** NEWTOWN SQUARE
- **STATE:** PA
- **ZIP:** 19073

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Alpha Architect ETF Trust
- **DATE OF NAME CHANGE:** 20140428

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Empowered Funds ETF Trust
- **DATE OF NAME CHANGE:** 20131125

## Series and Classes Contracts Data

### Freedom 100 Emerging Markets ETF (Series ID: S000065423)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000211567 | Freedom 100 Emerging Markets ETF | FRDM            |

## Nport-Ex

---

| |
|:---|
| **FREEDOM 100 EMERGING MARKETS ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **December 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| **COMMON STOCKS - 98.9%**  | | |
| **Brazil - 6.6%**  | |  |
| B3 SA - Brasil Bolsa Balcao  | 4251524 | $10823260 |
| Banco Bradesco SA - ADR  | 2707988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9017600 |
| Banco Santander Brasil SA - ADR <sup>(a)</sup> | 1599377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9772194 |
| Itau Unibanco Holding SA - ADR <sup>(a)</sup> | 2533428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18139343 |
| JBS NV <sup>(b)</sup> | 305016 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4406235 |
| Raia Drogasil SA  | 1044841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4480820 |
| Rede D'Or Sao Luiz SA <sup>(c)</sup> | 713363 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5321827 |
| Suzano SA  | 532667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5001271 |
| Vale SA  | 3601020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47314830 |
| WEG SA  | 1155809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10227689 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 124505069 |
| **Chile - 19.0%**  |  |  |
| Banco de Chile  | 372687376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 71985706 |
| Banco de Credito e Inversiones SA  | 698765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45299805 |
| Cencosud SA  | 10905696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35047278 |
| Cia Cervecerias Unidas SA - ADR <sup>(a)</sup> | 528831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6747884 |
| Cia Sud Americana de Vapores SA  | 137626818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7146866 |
| Colbun SA  | 61110387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9769901 |
| Empresas CMPC SA  | 9211290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14458465 |
| Empresas Copec SA  | 2974037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23307914 |
| Falabella SA  | 11281373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 78695604 |
| Latam Airlines Group SA  | 2542207722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68829588 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 361289011 |
| **India - 1.4%**  |  |  |
| Dr Reddy's Laboratories Ltd. - ADR  | 10103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 141846 |
| HDFC Bank Ltd. - ADR  | 229297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8378512 |
| ICICI Bank Ltd. - ADR  | 148497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4425211 |
| Infosys Ltd. - ADR <sup>(a)</sup> | 158513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2824702 |
| Reliance Industries Ltd. - GDR <sup>(c)</sup> | 149818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10487260 |
| Wipro Ltd. - ADR <sup>(a)</sup> | 86586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 245904 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26503435 |
| **Indonesia - 2.4%**  |  |  |
| Alamtri Resources Indonesia Tbk PT  | 8897130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 965746 |
| Bank Central Asia Tbk PT  | 40782098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19749052 |
| Barito Pacific Tbk PT <sup>(b)</sup> | 18523251 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3632446 |
| Charoen Pokphand Indonesia Tbk PT  | 5083610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1374937 |
| Dian Swastatika Sentosa Tbk PT <sup>(b)</sup> | 2048487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12407627 |
| GoTo Gojek Tokopedia Tbk PT <sup>(b)</sup> |  |  |

---

------

---

| |
|:---|
| **FREEDOM 100 EMERGING MARKETS ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **December 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| Kalbe Farma Tbk PT  | 15042348 | $1087018 |
| Merdeka Copper Gold Tbk PT <sup>(b)</sup> | 6008488 | 821550 |
| Pantai Indah Kapuk Dua Tbk PT  | 3333866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2519143 |
| Sumber Alfaria Trijaya Tbk PT  | 12838378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1520588 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46337209 |
| **Malaysia - 4.8%**  |  |  |
| CelcomDigi Bhd  | 2958748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2325876 |
| Hong Leong Bank Bhd  | 594846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3245414 |
| IHH Healthcare Bhd  | 8062011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17383587 |
| Malayan Banking Bhd  | 11638760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30057714 |
| Maxis Bhd  | 2203865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2058317 |
| Press Metal Aluminium Holdings Bhd  | 3498477 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6138284 |
| Public Bank Bhd  | 14148682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15829230 |
| SD Guthrie Bhd  | 6829161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9642951 |
| YTL Corp. Bhd  | 4414513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2219223 |
| YTL Power International Bhd  | 2837908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2314804 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 91215400 |
| **Mexico - 2.0%**  |  |  |
| America Movil SAB de CV  | 4152719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4287050 |
| Arca Continental SAB de CV  | 206680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2232362 |
| Cemex SAB de CV - ADR  | 358526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4119464 |
| Fomento Economico Mexicano SAB de CV - ADR  | 21649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2188064 |
| Grupo Aeroportuario del Sureste SAB de CV - ADR <sup>(a)</sup> | 3770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1219218 |
| Grupo Bimbo SAB de CV - Class A  | 399818 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1309969 |
| Grupo Carso SAB de CV - Class A1  | 119046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 782203 |
| Grupo Financiero Banorte SAB de CV  | 706251 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6543436 |
| Grupo Financiero Inbursa SAB de CV  | 421542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1016429 |
| Grupo Mexico SAB de CV - Class B  | 1483039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14017117 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37715312 |
| **Philippines - 1.2%**  |  |  |
| Ayala Corp.  | 206743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1644597 |
| Ayala Land, Inc.  | 4174121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1592810 |
| Bank of the Philippine Islands  | 1034062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2040617 |
| BDO Unibank, Inc.  | 1322758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3026273 |
| International Container Terminal Services, Inc.  | 597617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5759552 |
| Jollibee Foods Corp.  | 321240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 982845 |
| Manila Electric Co.  | 167530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1634508 |
| SM Investments Corp.  | 339561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4037274 |
| SM Prime Holdings, Inc.  | 5729871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2215690 |

---

------

---

| |
|:---|
| **FREEDOM 100 EMERGING MARKETS ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **December 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| Universal Robina Corp.  | 619767 | $708967 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23643133 |
| **Poland - 11.3%**  |  |  |
| Alior Bank SA  | 483541 | 14876631 |
| Bank Polska Kasa Opieki SA  | 1163660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66480965 |
| Benefit Systems SA <sup>(b)</sup> | 12140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11869471 |
| CCC SA <sup>(b)</sup> | 281784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9387567 |
| CD Projekt SA  | 310582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20849655 |
| Cyfrowy Polsat SA <sup>(b)</sup> | 745420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2533182 |
| Dino Polska SA <sup>(b)(c)</sup> | 2353926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27112769 |
| KRUK SA  | 96076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13207105 |
| LPP SA  | 7120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41272201 |
| XTB SA <sup>(c)</sup> | 340713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6816158 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 214405704 |
| **South Africa - 6.5%**  |  |  |
| Absa Group Ltd.  | 616861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8916175 |
| Bid Corp. Ltd.  | 229345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5842619 |
| Capitec Bank Holdings Ltd.  | 58960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14796254 |
| FirstRand Ltd.  | 3906706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21409032 |
| Gold Fields Ltd. - ADR <sup>(a)</sup> | 570048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24888296 |
| MTN Group Ltd.  | 1080789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11062424 |
| Nedbank Group Ltd.  | 339013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5450821 |
| Sanlam Ltd.  | 1323643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7872319 |
| Shoprite Holdings Ltd.  | 342127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5582909 |
| Standard Bank Group Ltd.  | 994315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17436538 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 123257387 |
| **South Korea - 23.3%**  |  |  |
| Celltrion, Inc.  | 102106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12829257 |
| HD Hyundai Heavy Industries Co. Ltd.  | 11491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4060199 |
| Hyundai Mobis Co. Ltd.  | 37626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9742458 |
| Hyundai Motor Co.  | 100100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20602999 |
| Kia Corp.  | 156593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13240101 |
| NAVER Corp.  | 85343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14366511 |
| POSCO Holdings, Inc. - ADR  | 173336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9223209 |
| Samsung Biologics Co. Ltd. <sup>(b)(c)</sup> | 6641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7814026 |
| Samsung Electronics Co. Ltd.  | 2663544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 221692357 |
| Samsung Episholdings Co. Ltd. <sup>(b)</sup> | 3539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1825328 |
| SK Hynix, Inc.  | 284143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 128407270 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 443803715 |

---

------

---

| |
|:---|
| **FREEDOM 100 EMERGING MARKETS ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **December 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| **Taiwan - 18.9%**  | |  |
| Cathay Financial Holding Co. Ltd.  | 5995694 | $14464239 |
| Chunghwa Telecom Co. Ltd.  | 2991145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12423240 |
| CTBC Financial Holding Co. Ltd.  | 9530981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15227487 |
| Delta Electronics, Inc.  | 1042223 | 31942864 |
| Fubon Financial Holding Co. Ltd.  | 6481705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19824377 |
| Hon Hai Precision Industry Co. Ltd.  | 7615799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55869311 |
| MediaTek, Inc.  | 900001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40960565 |
| Quanta Computer, Inc.  | 1905452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16495057 |
| Taiwan Semiconductor Manufacturing Co. Ltd. - ADR  | 464860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 141266305 |
| United Microelectronics Corp. - ADR <sup>(a)</sup> | 1492784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11733282 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 360206727 |
| **Thailand - 1.5%**  |  |  |
| Advanced Info Service PCL  | 495761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4925351 |
| Bangkok Bank PCL  | 325716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1752384 |
| Bangkok Dusit Medical Services PCL  | 2124646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1301561 |
| Central Pattana PCL  | 796841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1397412 |
| Central Retail Corp. PCL <sup>(c)</sup> | 957766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 547208 |
| CP ALL PCL  | 953022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1315869 |
| Delta Electronics Thailand PCL  | 2135834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11728274 |
| Gulf Development PCL <sup>(b)</sup> | 2167515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2872362 |
| Kasikornbank PCL  | 379467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2342686 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28183107 |
| **TOTAL COMMON STOCKS** (Cost $1,249,939,740) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1881065209 |
| **WARRANTS - 0.0%** <sup>(d)</sup> | **Contracts** |  |
| **Malaysia *-* 0.0%**<sup>(d)</sup> |  |  |
| YTL Corp. Bhd, Expires 12/31/2099, Exercise Price $1.50 <sup>(b)</sup> | 681983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90752 |
| YTL Power International Bhd, Expires 12/31/2099, <br>Exercise Price $2.45 <sup>(b)</sup> | 438423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 92913 |
| **Total Malaysia** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 183665 |
| **TOTAL WARRANTS** (Cost $0) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 183665 |
| **SHORT-TERM INVESTMENTS** |  |  |
| **INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 1.2%**  | **Units** |  |
| Mount Vernon Liquid Assets Portfolio, LLC, 3.86% <sup>(e)</sup> | 22680604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22680604 |

---

------

---

| |
|:---|
| **FREEDOM 100 EMERGING MARKETS ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **December 31, 2025 (Unaudited)** |

---

---

| | | | |
|:---|:---|:---|:---|
| | **Shares** |  | **Value**  |
| **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $22,680,604) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22680604 |
| **MONEY MARKET FUNDS - 0.4%**  |  |  |  |
| First American Government Obligations Fund - Class X, 3.67% <sup>(e)</sup> | 6990097 |  | $6990097 |
| **TOTAL MONEY MARKET FUNDS** (Cost $6,990,097) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6990097 |
| **TOTAL INVESTMENTS - 100.5% (**Cost $1,279,610,441**)** |  |  | $1910919575 |
| Liabilities in Excess of Other Assets - (0.5)%  |  | (0.00474) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9007258) |
| **TOTAL NET ASSETS - 100.0%** |  |  | $1901912317 |

---

Percentages are stated as a percent of net assets.

---

| |
|:---|
| ADR - American Depositary Receipt |
| GDR - Global Depositary Receipt |
| LLC - Limited Liability Company |
| PCL - Public Company Limited |

---

(a) All or a portion of this security is on loan as of December 31, 2025. The fair value of these securities was $21,671,143.

(b) Non-income producing security.

(c) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional investors. As of December 31, 2025, the value of these securities total $58,099,248 or 3.1% of the Fund's net assets.

(d) Represents less than 0.05% of net assets.

(e) The rate shown represents the 7-day annualized yield as of December 31, 2025.

------

**FREEDOM 100 EMERGING MARKETS ETF**

**Summary of Fair Value Disclosure as of December 31, 2025 (Unaudited)**

Freedom 100 Emerging Markets ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of December 31, 2025:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **DESCRIPTION** | **INVESTMENTS MEASURED AT NET ASSET VALUE** | **LEVEL 1** | **LEVEL 2** | **LEVEL 3** | **TOTAL** |
| **<u>Investments</u>** | | | | | |
| &nbsp;&nbsp;Common Stocks | $— | $1881065209 | $— | $— | $1881065209 |
| &nbsp;&nbsp;Warrants |  |  | 183665 |  | 183665 |
| &nbsp;&nbsp;Investment Purchased with Proceeds from Securities Lending | 22680604 |  |  |  | 22680604 |
| &nbsp;&nbsp;Money Market Funds |  | 6990097 |  |  | 6990097 |
| **Total Investments** | $22680604 | $1888055306 | $183663 | $— | $1910919575 |

---

Refer to the Schedule of Investments for further disaggregation of investment categories.

(a) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amount of $22,680,604 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.

During the fiscal period ended December 31, 2025, the Fund did not invest in any Level 3 investments and recognized no transfers to/from Level 3. Transfers between levels are recognized at the end of the reporting period.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** EA Series Trust

- **b. Investment Company Act file number:** 811-22961

- **c. CIK number of Registrant:** 0001592900

- **d. LEI of Registrant:** 5493004OW9VWINAYRX18

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

  - **Street Address 1:** 3803 West Chester Pike

  - **City:** Newtown Square

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19073

  - **Telephone number:** 2158829983

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

- **a. Name of Series:** Freedom 100 Emerging Markets ETF

- **b. EDGAR series identifier (if any):** S000065423

- **c. LEI of Series:** 549300WUYOZ027YGQK87

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

- **a. Date of fiscal year-end:** 2026-09-30

- **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:** $1908593207.21

**Total Liabilities:** $32337940.24

**Net Assets:** $1876255266.97

**Cash Not Reported:** $17824.73

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000211567 | 9.52%                | -0.97%               | 8.12%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1260822.58              | $138208414.43                              |
| Month 2  | $-79072.81               | $-15581156.61                              |
| Month 3  | $-513715.89              | $132808183.15                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Colbun SA                                     | Colbun SA                                     | CUSIP: N/A<br>LEI: 5493003VQJLE2QB8IF36       | Long             | EC               | CORP              | CL        |   61110387 | NS      | $9769901.35   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Absa Group Ltd                                | Absa Group Ltd                                | CUSIP: N/A<br>LEI: 2138006IPPRD4N6XLT30       | Long             | EC               | CORP              | ZA        |     608561 | NS      | $8796205.37   | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Shoprite Holdings Ltd                         | Shoprite Holdings Ltd                         | CUSIP: N/A<br>LEI: 529900Q4O1EYP6NH5150       | Long             | EC               | CORP              | ZA        |     337527 | NS      | $5507845.48   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Kalbe Farma Tbk PT                            | Kalbe Farma Tbk PT                            | CUSIP: N/A<br>LEI: 529900PRQI8S32HOE387       | Long             | EC               | CORP              | ID        |   14839898 | NS      | $1072388.43   | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Nedbank Group Ltd                             | Nedbank Group Ltd                             | CUSIP: N/A<br>LEI: 3789009E42FA3CB31065       | Long             | EC               | CORP              | ZA        |     334453 | NS      | $5377503.37   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Bangkok Dusit Medical Services PCL            | Bangkok Dusit Medical Services PCL            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |    2096056 | NS      | $1284046.37   | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| CELCOMDIGI BHD                                | CELCOMDIGI BHD                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MY        |    2918928 | NS      | $2294573.76   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Bank of the Philippine Islands                | Bank of the Philippine Islands                | CUSIP: N/A<br>LEI: 549300UW4UH6XT2X8C50       | Long             | EC               | CORP              | PH        |    1034062 | NS      | $2040616.98   | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Banco de Chile                                | Banco de Chile                                | CUSIP: N/A<br>LEI: 8B4EZFY8IHJC44TT2K84       | Long             | EC               | CORP              | CL        |  372687376 | NS      | $71985706.03  | 3.84%             |  |  |  | No            | 1                  | On Loan: No      |
| Hon Hai Precision Industry Co Ltd             | Hon Hai Precision Industry Co Ltd             | CUSIP: N/A<br>LEI: 30030004CM3GSZXX7O56       | Long             | EC               | CORP              | TW        |    7513299 | NS      | $55117373.04  | 2.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Ayala Corp                                    | Ayala Corp                                    | CUSIP: N/A<br>LEI: 254900QJ68UH8GKNGI69       | Long             | EC               | CORP              | PH        |     206743 | NS      | $1644596.51   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Vale SA                                       | Vale SA                                       | CUSIP: N/A<br>LEI: 254900SMTWBX7RU2SR20       | Long             | EC               | CORP              | BR        |    3601020 | NS      | $47314830.06  | 2.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Universal Robina Corp                         | Universal Robina Corp                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | PH        |     619767 | NS      | $708967.31    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Empresas CMPC SA                              | Empresas CMPC SA                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CL        |    9211290 | NS      | $14458465.50  | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| Empresas Copec SA                             | Empresas Copec SA                             | CUSIP: N/A<br>LEI: 549300Q3IDJYG6Z7PA50       | Long             | EC               | CORP              | CL        |    2974037 | NS      | $23307913.97  | 1.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Malayan Banking Bhd                           | Malayan Banking Bhd                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MY        |   11482120 | NS      | $29653183.24  | 1.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Charoen Pokphand Indonesia Tbk PT             | Charoen Pokphand Indonesia Tbk PT             | CUSIP: N/A<br>LEI: 529900JL5SA37OU87X40       | Long             | EC               | CORP              | ID        |    5015190 | NS      | $1356432.20   | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Delta Electronics Inc                         | Delta Electronics Inc                         | CUSIP: N/A<br>LEI: 529900UVZWNWGDLJSM52       | Long             | EC               | CORP              | TW        |    1028203 | NS      | $31513167.80  | 1.68%             |  |  |  | No            | 1                  | On Loan: No      |
| Kasikornbank PCL                              | Kasikornbank PCL                              | CUSIP: N/A<br>LEI: 5493004COSQ54937AW41       | Long             | EC               | CORP              | TH        |     374367 | NS      | $2311200.81   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Bangkok Bank PCL                              | Bangkok Bank PCL                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |     321336 | NS      | $1728819.30   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| YTL Corp Bhd                                  | YTL Corp Bhd                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MY        |    4355103 | NS      | $2189356.86   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Samsung Electronics Co Ltd                    | Samsung Electronics Co Ltd                    | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |    2663544 | NS      | $221692357.50 | 11.82%            |  |  |  | No            | 1                  | On Loan: No      |
| Hyundai Motor Co                              | Hyundai Motor Co                              | CUSIP: N/A<br>LEI: 9884004RQX8PRBXQ8S60       | Long             | EC               | CORP              | KR        |     100100 | NS      | $20602998.85  | 1.10%             |  |  |  | No            | 1                  | On Loan: No      |
| BDO Unibank Inc                               | BDO Unibank Inc                               | CUSIP: N/A<br>LEI: 3FGIIBS1PEI1FYQBGN97       | Long             | EC               | CORP              | PH        |    1322758 | NS      | $3026273.35   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Kia Corp                                      | Kia Corp                                      | CUSIP: N/A<br>LEI: 988400V8MJK9N7OI5X76       | Long             | EC               | CORP              | KR        |     156593 | NS      | $13240100.93  | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| Public Bank Bhd                               | Public Bank Bhd                               | CUSIP: N/A<br>LEI: 549300L2RSQCVMOHGM20       | Long             | EC               | CORP              | MY        |   13958262 | NS      | $15616192.58  | 0.83%             |  |  |  | No            | 1                  | On Loan: No      |
| Merdeka Copper Gold Tbk PT                    | Merdeka Copper Gold Tbk PT                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ID        |    5927628 | NS      | $810494.26    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Gulf Development PCL                          | Gulf Development PCL                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |    2138345 | NS      | $2833705.88   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| GoTo Gojek Tokopedia Tbk PT                   | GoTo Gojek Tokopedia Tbk PT                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ID        |  580680069 | NS      | $2228697.12   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| HD Hyundai Heavy Industries Co Ltd            | HD Hyundai Heavy Industries Co Ltd            | CUSIP: N/A<br>LEI: 988400CAR8W9URQLGF30       | Long             | EC               | CORP              | KR        |      11491 | NS      | $4060198.54   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Central Retail Corp PCL                       | Central Retail Corp PCL                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |     944876 | NS      | $539843.45    | 0.03%             |  |  |  | Yes           | 1                  | On Loan: No      |
| Pantai Indah Kapuk Dua Tbk PT                 | Pantai Indah Kapuk Dua Tbk PT                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ID        |    3288996 | NS      | $2485238.36   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| SD Guthrie Bhd                                | SD Guthrie Bhd                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MY        |    6737251 | NS      | $9513171.08   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Suzano SA                                     | Suzano SA                                     | CUSIP: N/A<br>LEI: 391200AW174YQSDMGG41       | Long             | EC               | CORP              | BR        |     532667 | NS      | $5001271.44   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Press Metal Aluminium Holdings Bhd            | Press Metal Aluminium Holdings Bhd            | CUSIP: N/A<br>LEI: 254900RO5GQ4M0YV5S47       | Long             | EC               | CORP              | MY        |    3451397 | NS      | $6055679.31   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Dino Polska SA                                | Dino Polska SA                                | CUSIP: N/A<br>LEI: 259400H4L81SMPRTW956       | Long             | EC               | CORP              | PL        |    2322246 | NS      | $26747875.24  | 1.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Bid Corp Ltd                                  | Bid Corp Ltd                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ZA        |     226265 | NS      | $5764155.53   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| XTB SA                                        | XTB SA                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | PL        |     336133 | NS      | $6724532.61   | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| JBS NV                                        | JBS NV                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | NL        |     305016 | NS      | $4406235.06   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Samsung Biologics Co Ltd                      | Samsung Biologics Co Ltd                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |       6641 | NS      | $7814025.89   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Alior Bank SA                                 | Alior Bank SA                                 | CUSIP: N/A<br>LEI: 259400QHDOZWMJ103294       | Long             | EC               | CORP              | PL        |     477041 | NS      | $14676651.38  | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| IHH Healthcare Bhd                            | IHH Healthcare Bhd                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MY        |    7953511 | NS      | $17149635.60  | 0.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Benefit Systems SA                            | Benefit Systems SA                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | PL        |      11980 | NS      | $11713036.21  | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| KRUK SA                                       | KRUK SA                                       | CUSIP: N/A<br>LEI: 259400T1FZYBIW8XUJ78       | Long             | EC               | CORP              | PL        |      94786 | NS      | $13029774.65  | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Rede D'Or Sao Luiz SA                         | Rede D'Or Sao Luiz SA                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |     713363 | NS      | $5321826.62   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Cyfrowy Polsat SA                             | Cyfrowy Polsat SA                             | CUSIP: N/A<br>LEI: 259400EM1ITR201TTX36       | Long             | EC               | CORP              | PL        |     735390 | NS      | $2499096.94   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| CCC SA                                        | CCC SA                                        | CUSIP: N/A<br>LEI: 259400NWPQ2HCSMZP970       | Long             | EC               | CORP              | PL        |     277994 | NS      | $9261304.29   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| CP ALL PCL                                    | CP ALL PCL                                    | CUSIP: N/A<br>LEI: 894500LSBZLM09TY1A91       | Long             | EC               | CORP              | TH        |     940202 | NS      | $1298168.13   | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Dian Swastatika Sentosa Tbk PT                | Dian Swastatika Sentosa Tbk PT                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ID        |    2020917 | NS      | $12240636.70  | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| Maxis Bhd                                     | Maxis Bhd                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MY        |    2174205 | NS      | $2030615.32   | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| United Microelectronics Corp                  | United Microelectronics Corp                  | CUSIP: 910873405<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    1472694 | NS      | $11575374.84  | 0.62%             |  |  |  | No            | 1                  | On Loan: —       |
| ARCA CONTINENTAL SAB DE CV                    | ARCA CONTINENTAL SAB DE CV                    | CUSIP: P0448R103<br>LEI: 254900U2BSJCQHJCXN24 | Long             | EC               | CORP              | MX        |     203900 | NS      | $2202335.14   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| First American Government Obligations Fund    | First American Government Obligations Fund    | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    6990097 | PA      | $6990097.19   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| YTL Corp Bhd                                  | YTL Corp Bhd                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | MY        |     681983 | NC      | $90751.80     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| YTL Power International Bhd                   | YTL Power International Bhd                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | MY        |     438423 | NC      | $92913.70     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Banco Santander Brasil SA                     | Banco Santander Brasil SA                     | CUSIP: 05967A107<br>LEI: 549300D1H731B30TSI43 | Long             | EC               | CORP              | BR        |    1577857 | NS      | $9640706.27   | 0.51%             |  |  |  | No            | 1                  | On Loan: —       |
| HDFC BANK LTD - ADR                           | HDFC BANK LTD - ADR                           | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |     226217 | NS      | $8265969.18   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Dr Reddy's Laboratories Ltd                   | Dr Reddy's Laboratories Ltd                   | CUSIP: 256135203<br>LEI: 335800OVDPY3DVZR2798 | Long             | EC               | CORP              | IN        |       9973 | NS      | $140020.92    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Gold Fields Ltd                               | Gold Fields Ltd                               | CUSIP: 38059T106<br>LEI: 5299003KXIBJQYCBBD72 | Long             | EC               | CORP              | ZA        |     562378 | NS      | $24553423.48  | 1.31%             |  |  |  | No            | 1                  | On Loan: —       |
| ICICI Bank Ltd                                | ICICI Bank Ltd                                | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     146507 | NS      | $4365908.60   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| INFOSYS LTD                                   | INFOSYS LTD                                   | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |     156383 | NS      | $2786745.06   | 0.15%             |  |  |  | No            | 1                  | On Loan: —       |
| Banco Bradesco SA                             | Banco Bradesco SA                             | CUSIP: 059460303<br>LEI: 549300CTUU1RFXHQJE44 | Long             | EC               | CORP              | BR        |    2671548 | NS      | $8896254.84   | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Hyundai Mobis Co Ltd                          | Hyundai Mobis Co Ltd                          | CUSIP: N/A<br>LEI: 988400HJA9E0ZVDHRS65       | Long             | EC               | CORP              | KR        |      37626 | NS      | $9742458.09   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Itau Unibanco Holding SA                      | Itau Unibanco Holding SA                      | CUSIP: 465562106<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EC               | CORP              | BR        |    2499338 | NS      | $17895258.58  | 0.95%             |  |  |  | No            | 1                  | On Loan: —       |
| Cemex SAB de CV                               | Cemex SAB de CV                               | CUSIP: 151290889<br>LEI: 549300RIG2CXWN6IV731 | Long             | EC               | CORP              | MX        |     353706 | NS      | $4064081.94   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| RELIANCE INDS GDR                             | RELIANCE INDS GDR                             | CUSIP: 759470107<br>LEI: N/A                  | Long             | EC               | CORP              | IN        |     147808 | NS      | $10346560.00  | 0.55%             |  |  |  | Yes           | 1                  | On Loan: No      |
| Wipro Ltd                                     | Wipro Ltd                                     | CUSIP: 97651M109<br>LEI: 335800IFS1IJHESG8362 | Long             | EC               | CORP              | IN        |      85426 | NS      | $242609.84    | 0.01%             |  |  |  | No            | 1                  | On Loan: —       |
| Taiwan Semiconductor Manufacturing Co Ltd     | Taiwan Semiconductor Manufacturing Co Ltd     | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     458610 | NS      | $139366992.90 | 7.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Fomento Economico Mexicano SAB de CV          | Fomento Economico Mexicano SAB de CV          | CUSIP: 344419106<br>LEI: 549300A8MDWDJNMLV153 | Long             | EC               | CORP              | MX        |      21359 | NS      | $2158754.13   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| POSCO Holdings Inc                            | POSCO Holdings Inc                            | CUSIP: 693483109<br>LEI: 988400E5HRVX81AYLM04 | Long             | EC               | CORP              | KR        |     171006 | NS      | $9099229.26   | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| Cia Cervecerias Unidas SA                     | Cia Cervecerias Unidas SA                     | CUSIP: 204429104<br>LEI: 529900BJW9B0O6LI2R39 | Long             | EC               | CORP              | CL        |     521721 | NS      | $6657159.96   | 0.35%             |  |  |  | No            | 1                  | On Loan: —       |
| Grupo Aeroportuario del Sureste SAB de CV     | Grupo Aeroportuario del Sureste SAB de CV     | CUSIP: 40051E202<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |       3720 | NS      | $1203048.00   | 0.06%             |  |  |  | No            | 1                  | On Loan: —       |
| Samsung Episholdings Co Ltd                   | Samsung Episholdings Co Ltd                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |       3539 | NS      | $1825328.52   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Standard Bank Group Ltd                       | Standard Bank Group Ltd                       | CUSIP: N/A<br>LEI: 2549003PEZXUT7MDBU41       | Long             | EC               | CORP              | ZA        |     980935 | NS      | $17201903.62  | 0.92%             |  |  |  | No            | 1                  | On Loan: No      |
| MTN Group Ltd                                 | MTN Group Ltd                                 | CUSIP: N/A<br>LEI: 2549009JD6Q6XHZS5E05       | Long             | EC               | CORP              | ZA        |    1066249 | NS      | $10913599.37  | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Latam Airlines Group SA                       | Latam Airlines Group SA                       | CUSIP: N/A<br>LEI: 549300HX3UUDPEFTG707       | Long             | EC               | CORP              | CL        | 2542207722 | NS      | $68829588.32  | 3.67%             |  |  |  | No            | 1                  | On Loan: No      |
| Banco de Credito e Inversiones SA             | Banco de Credito e Inversiones SA             | CUSIP: N/A<br>LEI: 549300E9E5Y3PKW24142       | Long             | EC               | CORP              | CL        |     698765 | NS      | $45299804.63  | 2.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Central Pattana PCL                           | Central Pattana PCL                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |     786121 | NS      | $1378612.45   | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Cia Sud Americana de Vapores SA               | Cia Sud Americana de Vapores SA               | CUSIP: P3064M101<br>LEI: 549300F26ZOE5LM26551 | Long             | EC               | CORP              | CL        |  137626818 | NS      | $7146865.75   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Delta Electronics Thailand PCL                | Delta Electronics Thailand PCL                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |    2107094 | NS      | $11570457.45  | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| WEG SA                                        | WEG SA                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    1155809 | NS      | $10227688.93  | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Raia Drogasil SA                              | Raia Drogasil SA                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    1044841 | NS      | $4480819.82   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Hong Leong Bank Bhd                           | Hong Leong Bank Bhd                           | CUSIP: N/A<br>LEI: 549300BUPYUQGB5BFX94       | Long             | EC               | CORP              | MY        |     586846 | NS      | $3201766.99   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| YTL Power International Bhd                   | YTL Power International Bhd                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MY        |    2799718 | NS      | $2283653.67   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Grupo Carso SAB de CV                         | Grupo Carso SAB de CV                         | CUSIP: P46118108<br>LEI: 5493007R35VF4W6YVW92 | Long             | EC               | CORP              | MX        |     117446 | NS      | $771690.17    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| NAVER Corp                                    | NAVER Corp                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      85343 | NS      | $14366511.05  | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| Grupo Mexico SAB de CV                        | Grupo Mexico SAB de CV                        | CUSIP: P49538112<br>LEI: 529900JWLZAYET2ZGW20 | Long             | EC               | CORP              | MX        |    1463079 | NS      | $13828462.91  | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| Grupo Bimbo SAB de CV                         | Grupo Bimbo SAB de CV                         | CUSIP: P4949B104<br>LEI: 5493000RIXURZEBFEV60 | Long             | EC               | CORP              | MX        |     394438 | NS      | $1292341.64   | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Ayala Land Inc                                | Ayala Land Inc                                | CUSIP: N/A<br>LEI: 254900EWT10TQ6DKTV34       | Long             | EC               | CORP              | PH        |    4174121 | NS      | $1592810.38   | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| FirstRand Ltd                                 | FirstRand Ltd                                 | CUSIP: N/A<br>LEI: 529900XYOP8CUZU7R671       | Long             | EC               | CORP              | ZA        |    3854126 | NS      | $21120889.76  | 1.13%             |  |  |  | No            | 1                  | On Loan: No      |
| LPP SA                                        | LPP SA                                        | CUSIP: N/A<br>LEI: 259400NUS7MKGPJL4752       | Long             | EC               | CORP              | PL        |       7030 | NS      | $40750501.39  | 2.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Advanced Info Service PCL                     | Advanced Info Service PCL                     | CUSIP: N/A<br>LEI: 529900DU2YW1NO5RMU78       | Long             | EC               | CORP              | TH        |     489091 | NS      | $4859085.32   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| International Container Terminal Services Inc | International Container Terminal Services Inc | CUSIP: N/A<br>LEI: 254900FU1MWK0I0Q4J61       | Long             | EC               | CORP              | PH        |     597617 | NS      | $5759551.93   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Jollibee Foods Corp                           | Jollibee Foods Corp                           | CUSIP: N/A<br>LEI: 2138009XN3KTAAKUPR35       | Long             | EC               | CORP              | PH        |     321240 | NS      | $982844.52    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Barito Pacific Tbk PT                         | Barito Pacific Tbk PT                         | CUSIP: N/A<br>LEI: 254900CLXCIVO1KCF078       | Long             | EC               | CORP              | ID        |   18273951 | NS      | $3583557.41   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Sumber Alfaria Trijaya Tbk PT                 | Sumber Alfaria Trijaya Tbk PT                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ID        |   12665588 | NS      | $1500122.12   | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Cencosud SA                                   | Cencosud SA                                   | CUSIP: N/A<br>LEI: 549300NLTGCFV7482429       | Long             | EC               | CORP              | CL        |   10905696 | NS      | $35047278.01  | 1.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Sanlam Ltd                                    | Sanlam Ltd                                    | CUSIP: N/A<br>LEI: 37890014418406D9FC23       | Long             | EC               | CORP              | ZA        |    1305833 | NS      | $7766394.45   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Bank Central Asia Tbk PT                      | Bank Central Asia Tbk PT                      | CUSIP: N/A<br>LEI: 254900BR956G2OHVOM21       | Long             | EC               | CORP              | ID        |   40233218 | NS      | $19483252.49  | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| CTBC Financial Holding Co Ltd                 | CTBC Financial Holding Co Ltd                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    9402711 | NS      | $15022551.91  | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Grupo Financiero Inbursa SAB de CV            | Grupo Financiero Inbursa SAB de CV            | CUSIP: P4950U165<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     415872 | NS      | $1002757.86   | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Grupo Financiero Banorte SAB de CV            | Grupo Financiero Banorte SAB de CV            | CUSIP: P49501201<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     696751 | NS      | $6455417.84   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Cathay Financial Holding Co Ltd               | Cathay Financial Holding Co Ltd               | CUSIP: N/A<br>LEI: 5299009XR1QLFAMQ3X77       | Long             | EC               | CORP              | TW        |    5915004 | NS      | $14269578.88  | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Fubon Financial Holding Co Ltd                | Fubon Financial Holding Co Ltd                | CUSIP: N/A<br>LEI: 549300G7Y2TS2XNIB476       | Long             | EC               | CORP              | TW        |    6394475 | NS      | $19557583.35  | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| MediaTek Inc                                  | MediaTek Inc                                  | CUSIP: N/A<br>LEI: 254900UEGBK1I4DM4E14       | Long             | EC               | CORP              | TW        |     887891 | NS      | $40409418.37  | 2.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Falabella SA                                  | Falabella SA                                  | CUSIP: N/A<br>LEI: 5493004CKJQ7H391LM41       | Long             | EC               | CORP              | CL        |   11281373 | NS      | $78695604.03  | 4.19%             |  |  |  | No            | 1                  | On Loan: No      |
| SK hynix Inc                                  | SK hynix Inc                                  | CUSIP: N/A<br>LEI: 988400XAIK6XISWQV045       | Long             | EC               | CORP              | KR        |     284143 | NS      | $128407270.14 | 6.84%             |  |  |  | No            | 1                  | On Loan: No      |
| B3 SA - Brasil Bolsa Balcao                   | B3 SA - Brasil Bolsa Balcao                   | CUSIP: N/A<br>LEI: 4GTK5S46E6H318LMDS44       | Long             | EC               | CORP              | BR        |    4251524 | NS      | $10823260.15  | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Alamtri Resources Indonesia Tbk PT            | Alamtri Resources Indonesia Tbk PT            | CUSIP: N/A<br>LEI: 529900P2WAH7XA87OI24       | Long             | EC               | CORP              | ID        |    8777390 | NS      | $952748.18    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Bank Polska Kasa Opieki SA                    | Bank Polska Kasa Opieki SA                    | CUSIP: N/A<br>LEI: 5493000LKS7B3UTF7H35       | Long             | EC               | CORP              | PL        |    1148000 | NS      | $65586295.26  | 3.50%             |  |  |  | No            | 1                  | On Loan: No      |
| SM Investments Corp                           | SM Investments Corp                           | CUSIP: N/A<br>LEI: 254900YB8UATFP21AF80       | Long             | EC               | CORP              | PH        |     339561 | NS      | $4037273.95   | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| SM Prime Holdings Inc                         | SM Prime Holdings Inc                         | CUSIP: N/A<br>LEI: 254900SZK83MIAB8CU32       | Long             | EC               | CORP              | PH        |    5729871 | NS      | $2215689.72   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Capitec Bank Holdings Ltd                     | Capitec Bank Holdings Ltd                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ZA        |      58170 | NS      | $14598000.36  | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| Chunghwa Telecom Co Ltd                       | Chunghwa Telecom Co Ltd                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    2950895 | NS      | $12256068.41  | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| CD Projekt SA                                 | CD Projekt SA                                 | CUSIP: N/A<br>LEI: 259400TYO5Q8SH8TL437       | Long             | EC               | CORP              | PL        |     306402 | NS      | $20569047.91  | 1.10%             |  |  |  | No            | 1                  | On Loan: No      |
| America Movil SAB de CV                       | America Movil SAB de CV                       | CUSIP: N/A<br>LEI: 5493000FNR3UCEAONM59       | Long             | EC               | CORP              | MX        |    4096829 | NS      | $4229351.72   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Manila Electric Co                            | Manila Electric Co                            | CUSIP: N/A<br>LEI: 254900RDFLCM12O8SK69       | Long             | EC               | CORP              | PH        |     167530 | NS      | $1634508.48   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Quanta Computer Inc                           | Quanta Computer Inc                           | CUSIP: N/A<br>LEI: 529900DE8BIV3XOXIK04       | Long             | EC               | CORP              | TW        |    1879812 | NS      | $16273097.63  | 0.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Celltrion Inc                                 | Celltrion Inc                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     102106 | NS      | $12829256.88  | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| MOUNT VERNON LIQUID ASSETS PORTFOLIO          | MOUNT VERNON LIQUID ASSETS PORTFOLIO          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |   22680604 | NS      | $22680603.75  | 1.21%             |  |  |  | No            | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2025-12-31

**Name of Applicant:** EA Series Trust

**Signature:** /s/ Sean Hegarty

**Name of Signer:** Sean Hegarty

**Title:** Treasurer