# EDGAR Filing Document

**Accession Number:** 0000923184
**File Stem:** 0000940400-25-009738
**Filing Date:** 2025-11
**Character Count:** 27660
**Document Hash:** 1580a2887a1f493460ce0ffe37333764
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009738.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009738

**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:** 251513050

**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 Korea Active ETF (Series ID: S000080170)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000241856 | Matthews Korea Active ETF | MKOR            |

## Nport-Ex

Matthews Korea Active ETFSeptember 30, 2025

*Schedule of Investments (unaudited)*

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

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES: 91.0%** | **COMMON EQUITIES: 91.0%** | |
|  | **Shares** | <br>**Value** |
| **Information Technology: 29.1%** | **Information Technology: 29.1%** | **Information Technology: 29.1%** |
| **Technology Hardware, Storage & Peripherals: 16.4%** | **Technology Hardware, Storage & Peripherals: 16.4%** | **Technology Hardware, Storage & Peripherals: 16.4%** |
| Samsung Electronics Co., Ltd. | 164959 | **$9864267** |
| **Semiconductors & Semiconductor Equipment: 7.6%** | **Semiconductors & Semiconductor Equipment: 7.6%** | **Semiconductors & Semiconductor Equipment: 7.6%** |
| SK Hynix, Inc. | 11798 | 2922066 |
| LEENO Industrial, Inc. | 37009 | 1358443 |
| PSK, Inc. | 13499 | 315094 |
|  |  | **4595603** |
| **Electronic Equipment, Instruments & Components: 5.1%** | **Electronic Equipment, Instruments & Components: 5.1%** | **Electronic Equipment, Instruments & Components: 5.1%** |
| Park Systems Corp. | 6534 | 1206162 |
| Samsung SDI Co., Ltd. | 6726 | 982738 |
| Samsung Electro-Mechanics Co., Ltd. | 6690 | 922643 |
|  |  | **3111543** |
| **Total Information Technology** |  | **17571413** |
| **Industrials: 22.9%** | **Industrials: 22.9%** | **Industrials: 22.9%** |
| **Industrial Conglomerates: 7.1%** | **Industrial Conglomerates: 7.1%** | **Industrial Conglomerates: 7.1%** |
| SK Square Co., Ltd.<sup>a</sup> <br>| 19281 | 2769054 |
| Samsung C&T Corp. | 7379 | 970859 |
| Hanwha Corp. | 8623 | 519943 |
|  |  | **4259856** |
| **Machinery: 5.2%** | **Machinery: 5.2%** | **Machinery: 5.2%** |
| HD HYUNDAI MIPO | 8177 | 1186002 |
| &nbsp;&nbsp;&nbsp;&nbsp; HD Korea Shipbuilding & Offshore Engineering <br> Co., Ltd.<br>| 3884 | 1137753 |
| Hyundai Rotem Co., Ltd. | 5406 | 843814 |
|  |  | **3167569** |
| **Aerospace & Defense: 3.0%** | **Aerospace & Defense: 3.0%** | **Aerospace & Defense: 3.0%** |
| Hanwha Aerospace Co., Ltd. | 2306 | **1819423** |
| **Electrical Equipment: 2.9%** | **Electrical Equipment: 2.9%** | **Electrical Equipment: 2.9%** |
| HD Hyundai Electric Co., Ltd. | 3059 | 1268906 |
| LG Energy Solution, Ltd.<sup>a</sup> <br>| 1945 | 481727 |
|  |  | **1750633** |
| **Construction & Engineering: 2.3%** | **Construction & Engineering: 2.3%** | **Construction & Engineering: 2.3%** |
| Samsung E&A Co., Ltd. | 72091 | **1377028** |
| **Building Products: 1.0%** | **Building Products: 1.0%** | **Building Products: 1.0%** |
| Sung Kwang Bend Co., Ltd. | 25464 | **595288** |
| **Passenger Airlines: 1.0%** | **Passenger Airlines: 1.0%** | **Passenger Airlines: 1.0%** |
| Korean Air Lines Co., Ltd. | 36151 | **586176** |
| **Commercial Services & Supplies: 0.4%** | **Commercial Services & Supplies: 0.4%** | **Commercial Services & Supplies: 0.4%** |
| KEPCO Plant Service & Engineering Co., Ltd. | 7610 | **258449** |
| **Total Industrials** |  | **13814422** |
| **Financials: 13.9%** | **Financials: 13.9%** | **Financials: 13.9%** |
| **Banks: 8.7%** | **Banks: 8.7%** | **Banks: 8.7%** |
| KB Financial Group, Inc. | 32603 | 2683900 |
| Hana Financial Group, Inc. | 41401 | 2573085 |
|  |  | **5256985** |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Capital Markets: 3.1%** | **Capital Markets: 3.1%** | **Capital Markets: 3.1%** |
| Korea Investment Holdings Co., Ltd. | 13849 | $1431243 |
| Macquarie Korea Infrastructure Fund | 53132 | 435871 |
|  |  | **1867114** |
| **Insurance: 2.1%** | **Insurance: 2.1%** | **Insurance: 2.1%** |
| Samsung Fire & Marine Insurance Co., Ltd. | 3937 | **1266923** |
| **Total Financials** |  | **8391022** |
| **Consumer Discretionary: 8.0%** | **Consumer Discretionary: 8.0%** | **Consumer Discretionary: 8.0%** |
| **Automobiles: 3.3%** | **Automobiles: 3.3%** | **Automobiles: 3.3%** |
| Kia Corp. | 14900 | 1069406 |
| Hyundai Motor Co. | 6129 | 939193 |
|  |  | **2008599** |
| **Broadline Retail: 2.8%** | **Broadline Retail: 2.8%** | **Broadline Retail: 2.8%** |
| Coupang, Inc.<sup>a</sup> <br>| 51999 | **1674368** |
| **Automobile Components: 1.9%** | **Automobile Components: 1.9%** | **Automobile Components: 1.9%** |
| Hyundai Mobis Co., Ltd. | 5233 | **1113325** |
| **Total Consumer Discretionary** |  | **4796292** |
| **Communication Services: 6.5%** | **Communication Services: 6.5%** | **Communication Services: 6.5%** |
| **Interactive Media & Services: 4.4%** | **Interactive Media & Services: 4.4%** | **Interactive Media & Services: 4.4%** |
| NAVER Corp. | 9719 | 1859913 |
| Kakao Corp. | 18068 | 767509 |
|  |  | **2627422** |
| **Wireless Telecommunication Services: 1.6%** | **Wireless Telecommunication Services: 1.6%** | **Wireless Telecommunication Services: 1.6%** |
| SK Telecom Co., Ltd. | 25020 | **968309** |
| **Diversified Telecommunication Services: 0.5%** | **Diversified Telecommunication Services: 0.5%** | **Diversified Telecommunication Services: 0.5%** |
| KINX, Inc. | 4675 | **320208** |
| **Total Communication Services** |  | **3915939** |
| **Health Care: 5.0%** | **Health Care: 5.0%** | **Health Care: 5.0%** |
| **Life Sciences Tools & Services: 2.8%** | **Life Sciences Tools & Services: 2.8%** | **Life Sciences Tools & Services: 2.8%** |
| Samsung Biologics Co., Ltd.<sup>a,b,c</sup> <br>| 2382 | **1692637** |
| **Health Care Equipment & Supplies: 1.8%** | **Health Care Equipment & Supplies: 1.8%** | **Health Care Equipment & Supplies: 1.8%** |
| Classys, Inc. | 15079 | 542738 |
| InBody Co., Ltd. | 24615 | 513160 |
|  |  | **1055898** |
| **Pharmaceuticals: 0.4%** | **Pharmaceuticals: 0.4%** | **Pharmaceuticals: 0.4%** |
| Yuhan Corp. | 2938 | **249397** |
| **Total Health Care** |  | **2997932** |
| **Consumer Staples: 3.8%** | **Consumer Staples: 3.8%** | **Consumer Staples: 3.8%** |
| **Tobacco: 2.7%** | **Tobacco: 2.7%** | **Tobacco: 2.7%** |
| KT&G Corp. | 17091 | **1627424** |
| **Consumer Staples Distribution & Retail: 0.6%** | **Consumer Staples Distribution & Retail: 0.6%** | **Consumer Staples Distribution & Retail: 0.6%** |
| BGF Retail Co., Ltd. | 4435 | **341385** |
| **Food Products: 0.5%** | **Food Products: 0.5%** | **Food Products: 0.5%** |
| Nongshim Co., Ltd. | 1010 | **310620** |
| **Total Consumer Staples** |  | **2279429** |

---

**1**

------

Matthews Korea Active ETFSeptember 30, 2025

*Schedule of Investments (unaudited) (continued)*

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES** *(continued)* | **COMMON EQUITIES** *(continued)* | |
|  | **Shares** | <br>**Value** |
| **Energy: 0.9%** | **Energy: 0.9%** | **Energy: 0.9%** |
| **Oil, Gas & Consumable Fuels: 0.9%** | **Oil, Gas & Consumable Fuels: 0.9%** | **Oil, Gas & Consumable Fuels: 0.9%** |
| S-Oil Corp. | 12930 | **$575056** |
| **Total Energy** |  | **575056** |
| **Utilities: 0.9%** | **Utilities: 0.9%** | **Utilities: 0.9%** |
| **Electric Utilities: 0.9%** | **Electric Utilities: 0.9%** | **Electric Utilities: 0.9%** |
| Korea Electric Power Corp. | 20293 | **521409** |
| **Total Utilities** |  | **521409** |
| **TOTAL COMMON EQUITIES** | **TOTAL COMMON EQUITIES** | **54862914** |
| (Cost $41,543,770) |  |  |
| **PREFERRED EQUITIES: 7.2%** | **PREFERRED EQUITIES: 7.2%** |  |
| **Information Technology: 7.2%** | **Information Technology: 7.2%** | **Information Technology: 7.2%** |
| **Technology Hardware, Storage & Peripherals: 7.2%** | **Technology Hardware, Storage & Peripherals: 7.2%** | **Technology Hardware, Storage & Peripherals: 7.2%** |
| Samsung Electronics Co., Ltd., Pfd. | 92444 | **4374956** |
| **Total Information Technology** |  | **4374956** |
| **TOTAL PREFERRED EQUITIES** | **TOTAL PREFERRED EQUITIES** | **4374956** |
| (Cost $2,753,900) |  |  |
| **SHORT-TERM INVESTMENTS: 1.7%** | **SHORT-TERM INVESTMENTS: 1.7%** |  |
| **Money Market Funds: 1.7%** | **Money Market Funds: 1.7%** | **Money Market Funds: 1.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market Fund, <br> Capital Shares, 4.04%<sup>d</sup> <br>| 1015366 | **1015366** |
| (Cost $1,015,366) |  |  |
| **Total Investments: 99.9%** |  | **60253236** |
| (Cost $45,313,036) |  |  |
| **CASH AND OTHER ASSETS,** <br>**LESS LIABILITIES: 0.1%**<br>|  | **32268** |
| **Net Assets: 100.0%** |  | **$60285504** |

---

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

---

| | |
|:---|:---|
| a | Non-income producing security. |
| b | &nbsp;&nbsp;&nbsp; Security exempt from registration under Rule 144A of the Securities Act of 1933, as <br> amended. The security may be resold in transactions exempt from registration <br> normally to qualified institutional buyers. The security has been determined to be <br> liquid in accordance with procedures adopted by the Funds' Board of Trustees. At <br> September 30, 2025, the aggregate value is $1,692,637, which is 2.81% of net <br> assets.<br>|
| c | &nbsp;&nbsp;&nbsp; The securities may be resold to qualified foreign investors and foreign institutional <br> buyers under Regulation S of the Securities Act of 1933.<br>|
| d | Rate shown is the current yield as of September 30, 2025. |
| Pfd. | Preferred |

---

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

**2** 

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94111

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

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

- **a. Name of Series:** Matthews Korea Active ETF

- **b. EDGAR series identifier (if any):** S000080170

- **c. LEI of Series:** 549300J3JC0U2LMBV296

**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:** $60324740.23

**Total Liabilities:** $39235.83

**Net Assets:** $60285504.40

**Cash Not Reported:** $13528.85

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000241856 | -0.64%               | -1.53%               | 9.32%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-111755.17              | $-188283.70                                |
| Month 2  | $1940894.10              | $-3036502.08                               |
| Month 3  | $1584466.28              | $3702994.44                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Korea Investment Holdings Co L | Korea Investment Holdings Co Ltd                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     13849 | NS      | $1431242.65   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea Electric Power Corp      | Korea Electric Power Corp                           | CUSIP: 000000000<br>LEI: 988400QG33WS7JEIV602 | Long             | EC               | CORP              | KR        |     20293 | NS      | $521408.82    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| HD HYUNDAI MIPO                | HD HYUNDAI MIPO                                     | CUSIP: 000000000<br>LEI: 988400L1JDH871AJTA03 | Long             | EC               | CORP              | KR        |      8177 | NS      | $1186001.57   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| InBody Co Ltd                  | InBody Co Ltd                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     24615 | NS      | $513159.72    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Fire & Marine Insuranc | Samsung Fire & Marine Insurance Co Ltd              | CUSIP: 000000000<br>LEI: 988400JMBDK47EW0Z936 | Long             | EC               | CORP              | KR        |      3937 | NS      | $1266922.42   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| KINX Inc                       | KINX Inc                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      4675 | NS      | $320207.76    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Motor Co               | Hyundai Motor Co                                    | CUSIP: 000000000<br>LEI: 9884004RQX8PRBXQ8S60 | Long             | EC               | CORP              | KR        |      6129 | NS      | $939193.19    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanwha Corp                    | Hanwha Corp                                         | CUSIP: 000000000<br>LEI: 988400JE9FIHQS7TX614 | Long             | EC               | CORP              | KR        |      8623 | NS      | $519942.84    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung SDI Co Ltd             | Samsung SDI Co Ltd                                  | CUSIP: 000000000<br>LEI: 9884002AESDO4YW87G32 | Long             | EC               | CORP              | KR        |      6726 | NS      | $982737.61    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Kia Corp                       | Kia Corp                                            | CUSIP: 000000000<br>LEI: 988400V8MJK9N7OI5X76 | Long             | EC               | CORP              | KR        |     14900 | NS      | $1069405.94   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Hana Financial Group Inc       | Hana Financial Group Inc                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     41401 | NS      | $2573085.21   | 4.27%             |  |  |  | No            |                  1 | On Loan: No      |
| KEPCO Plant Service & Engineer | KEPCO Plant Service & Engineering Co Ltd            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      7610 | NS      | $258448.74    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd     | Samsung Electronics Co Ltd                          | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EP               | CORP              | KR        |     92444 | NS      | $4374955.70   | 7.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Rotem Co Ltd           | Hyundai Rotem Co Ltd                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      5406 | NS      | $843814.55    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Hynix Inc                   | SK Hynix Inc                                        | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |     11798 | NS      | $2922066.21   | 4.85%             |  |  |  | No            |                  1 | On Loan: No      |
| BGF retail Co Ltd              | BGF retail Co Ltd                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      4435 | NS      | $341384.84    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| PSK Inc                        | PSK Inc                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     13499 | NS      | $315093.72    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Coupang Inc                    | Coupang Inc                                         | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |     51999 | NS      | $1674367.80   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Financial Group Inc         | KB Financial Group Inc                              | CUSIP: 000000000<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |     32603 | NS      | $2683900.43   | 4.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Kakao Corp                     | Kakao Corp                                          | CUSIP: 000000000<br>LEI: 988400FTKUBQXKVZP434 | Long             | EC               | CORP              | KR        |     18068 | NS      | $767508.50    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanwha Aerospace Co Ltd        | Hanwha Aerospace Co Ltd                             | CUSIP: 000000000<br>LEI: 9884001NSUA8FQKQWR25 | Long             | EC               | CORP              | KR        |      2306 | NS      | $1819423.40   | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Macquarie Korea Infrastructure | Macquarie Korea Infrastructure Fund                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     53132 | NS      | $435871.37    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| S-Oil Corp                     | S-Oil Corp                                          | CUSIP: 000000000<br>LEI: 988400QTUXYDN8W3MZ32 | Long             | EC               | CORP              | KR        |     12930 | NS      | $575055.77    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Classys Inc                    | Classys Inc                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     15079 | NS      | $542738.68    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Telecom Co Ltd              | SK Telecom Co Ltd                                   | CUSIP: 000000000<br>LEI: 9884003WEA1PHW006037 | Long             | EC               | CORP              | KR        |     25020 | NS      | $968309.04    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| HD Korea Shipbuilding & Offsho | HD Korea Shipbuilding & Offshore Engineering Co Ltd | CUSIP: 000000000<br>LEI: 988400DPTJ9KH5R6W540 | Long             | EC               | CORP              | KR        |      3884 | NS      | $1137752.75   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| HD Hyundai Electric Co Ltd     | HD Hyundai Electric Co Ltd                          | CUSIP: 000000000<br>LEI: 988400CSDKM9UHLHGB91 | Long             | EC               | CORP              | KR        |      3059 | NS      | $1268905.60   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd     | Samsung Electronics Co Ltd                          | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |    164959 | NS      | $9864267.20   | 16.36%            |  |  |  | No            |                  1 | On Loan: No      |
| LEENO Industrial Inc           | LEENO Industrial Inc                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     37009 | NS      | $1358443.03   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Korean Air Lines Co Ltd        | Korean Air Lines Co Ltd                             | CUSIP: 000000000<br>LEI: 988400C2UFBF4B660C58 | Long             | EC               | CORP              | KR        |     36151 | NS      | $586176.72    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Sung Kwang Bend Co Ltd         | Sung Kwang Bend Co Ltd                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     25464 | NS      | $595288.26    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Energy Solution Ltd         | LG Energy Solution Ltd                              | CUSIP: 000000000<br>LEI: 988400QX6P286XA6ZS85 | Long             | EC               | CORP              | KR        |      1945 | NS      | $481727.31    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| JP MORGAN US GOVT CAPITAL      | JP MORGAN US GOVT CAPITAL                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1015366 | NS      | $1015366.26   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Yuhan Corp                     | Yuhan Corp                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      2938 | NS      | $249396.53    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Biologics Co Ltd       | Samsung Biologics Co Ltd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      2382 | NS      | $1692636.76   | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Square Co Ltd               | SK Square Co Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     19281 | NS      | $2769054.20   | 4.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung E&A Co Ltd             | Samsung E&A Co Ltd                                  | CUSIP: 000000000<br>LEI: 988400HDAY5KIVHGZ188 | Long             | EC               | CORP              | KR        |     72091 | NS      | $1377027.76   | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| KT&G Corp                      | KT&G Corp                                           | CUSIP: 000000000<br>LEI: 988400ZJV6ISYBLQX875 | Long             | EC               | CORP              | KR        |     17091 | NS      | $1627424.25   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Mobis Co Ltd           | Hyundai Mobis Co Ltd                                | CUSIP: 000000000<br>LEI: 988400HJA9E0ZVDHRS65 | Long             | EC               | CORP              | KR        |      5233 | NS      | $1113324.90   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVER Corp                     | NAVER Corp                                          | CUSIP: 000000000<br>LEI: 988400ULUQYDB2HQYJ61 | Long             | EC               | CORP              | KR        |      9719 | NS      | $1859913.40   | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NongShim Co Ltd                | NongShim Co Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1010 | NS      | $310619.72    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electro-Mechanics Co L | Samsung Electro-Mechanics Co Ltd                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      6690 | NS      | $922643.53    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Systems Corp              | Park Systems Corp                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      6534 | NS      | $1206162.29   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung C&T Corp               | Samsung C&T Corp                                    | CUSIP: 000000000<br>LEI: 988400GFRE4IDFPE9E64 | Long             | EC               | CORP              | KR        |      7379 | NS      | $970858.77    | 1.61%             |  |  |  | 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