# EDGAR Filing Document

**Accession Number:** 0000923184
**File Stem:** 0000940400-25-009737
**Filing Date:** 2025-11
**Character Count:** 43299
**Document Hash:** 8bbacac291c9aa34621964e70b0fb671
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009737.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009737

**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:** 251513049

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

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

## Series and Classes Contracts Data

### Matthews Emerging Markets Discovery Active ETF (Series ID: S000083828)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000247849 | Matthews Emerging Markets Discovery Active ETF | MEMS            |

## Nport-Ex

Matthews Emerging Markets Discovery Active ETFSeptember 30, 2025

*Schedule of Investments (unaudited)*

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

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES: 99.8%** | **COMMON EQUITIES: 99.8%** | |
|  | **Shares** | <br>**Value**  |
| **India: 26.0%** | **India: 26.0%** | **India: 26.0%** |
| Bandhan Bank, Ltd.<sup>a,b</sup> <br>| 669962 | $1223967 |
| Cartrade Tech, Ltd.<sup>c</sup> <br>| 20555 | 567209 |
| Radico Khaitan, Ltd. | 14337 | 466318 |
| Inox Wind, Ltd.<sup>c</sup> <br>| 191525 | 302510 |
| Phoenix Mills, Ltd. | 16278 | 285176 |
| UNO Minda, Ltd. | 17790 | 260232 |
| Netweb Technologies India, Ltd. | 6030 | 247784 |
| Shriram Finance, Ltd. | 34709 | 240844 |
| BlackBuck, Ltd.<sup>c</sup> <br>| 30063 | 210908 |
| Action Construction Equipment, Ltd. | 16225 | 196004 |
| Rainbow Children's Medicare, Ltd. | 11178 | 170713 |
| Senco Gold, Ltd. | 41520 | 160607 |
| GE Vernova T&D India, Ltd. | 4540 | 151378 |
| Ola Electric Mobility, Ltd.<sup>c</sup> <br>| 203747 | 130685 |
| Avalon Technologies, Ltd.<sup>a,b,c</sup> <br>| 10136 | 115203 |
| Amber Enterprises India, Ltd.<sup>c</sup> <br>| 1168 | 106409 |
| Bharti Hexacom, Ltd. | 4997 | 93413 |
| Finolex Cables, Ltd. | 6534 | 60157 |
| **Total India** |  | **4989517** |
| **China/Hong Kong: 16.9%** | **China/Hong Kong: 16.9%** | **China/Hong Kong: 16.9%** |
| Legend Biotech Corp. ADR<sup>c</sup> <br>| 25454 | 830055 |
| Zhihu, Inc. ADR<sup>c</sup> <br>| 78138 | 396160 |
| Full Truck Alliance Co., Ltd. ADR | 29686 | 385027 |
| Medlive Technology Co., Ltd.<sup>a,b</sup> <br>| 151000 | 253465 |
| Tongcheng Travel Holdings, Ltd.<sup>b</sup> <br>| 71600 | 211660 |
| Silergy Corp. | 21000 | 177768 |
| Xtep International Holdings, Ltd. | 177000 | 132857 |
| Flat Glass Group Co., Ltd. H Shares | 83000 | 121187 |
| China Conch Venture Holdings, Ltd. | 80000 | 112796 |
| Hongfa Technology Co., Ltd. A Shares | 29340 | 108511 |
| &nbsp;&nbsp;&nbsp;&nbsp; Centre Testing International Group Co., Ltd. A <br> Shares<br>| 58200 | 105143 |
| Kingsoft Corp., Ltd. | 22400 | 99672 |
| Kanzhun, Ltd. ADR<sup>c</sup> <br>| 4073 | 95145 |
| Ever Sunshine Services Group, Ltd.<sup>b</sup> <br>| 362000 | 84214 |
| &nbsp;&nbsp;&nbsp;&nbsp; Beijing Capital International Airport Co., Ltd. H <br> Shares<sup>c</sup> <br>| 230000 | 82181 |
| Central China Securities Co., Ltd. H Shares<sup>b</sup> <br>| 166000 | 58886 |
| **Total China/Hong Kong** |  | **3254727** |
| **Taiwan: 14.6%** | **Taiwan: 14.6%** | **Taiwan: 14.6%** |
| Elite Material Co., Ltd. | 14000 | 562701 |
| Gold Circuit Electronics, Ltd. | 32000 | 457248 |
| AURAS Technology Co., Ltd. | 12000 | 330730 |
| Wiwynn Corp. | 3000 | 326301 |
| M31 Technology Corp. | 19600 | 292605 |
| Fortune Electric Co., Ltd. | 9800 | 186817 |
| Andes Technology Corp.<sup>c</sup> <br>| 17000 | 171238 |
| Poya International Co., Ltd. | 7250 | 111564 |
| Yageo Corp. | 18000 | 100400 |
| Formosa Sumco Technology Corp. | 30000 | 99908 |
| Phison Electronics Corp. | 4000 | 92657 |
| AP Memory Technology Corp. | 6000 | 67032 |
| **Total Taiwan** |  | **2799201** |
| **South Korea: 12.8%** | **South Korea: 12.8%** | **South Korea: 12.8%** |
| Hugel, Inc.<sup>c</sup> <br>| 3890 | 837304 |
| Eugene Technology Co., Ltd. | 9846 | 490528 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value**  |
| HD Hyundai Co., Ltd. | 3238 | $358637 |
| C&C International Co., Ltd. | 7746 | 224974 |
| BGF Retail Co., Ltd. | 1950 | 150102 |
| SNT Holdings Co., Ltd.<sup>c</sup> <br>| 2199 | 114099 |
| SNT Dynamics Co., Ltd. | 2159 | 111255 |
| BNK Financial Group, Inc. | 7941 | 82577 |
| iM Financial Group Co., Ltd. | 8369 | 82076 |
| Solus Advanced Materials Co., Ltd. | 3022 | 16499 |
| **Total South Korea** |  | **2468051** |
| **Brazil: 7.2%** | **Brazil: 7.2%** | **Brazil: 7.2%** |
| Grupo SBF SA | 189800 | 463314 |
| YDUQS Participacoes SA | 166600 | 404178 |
| Vivara Participacoes SA | 54900 | 294419 |
| &nbsp;&nbsp;&nbsp;&nbsp; Vamos Locacao de Caminhoes Maquinas e <br> Equipamentos SA<br>| 340900 | 220842 |
| **Total Brazil** |  | **1382753** |
| **Vietnam: 3.5%** | **Vietnam: 3.5%** | **Vietnam: 3.5%** |
| Mobile World Investment Corp. | 74700 | 219631 |
| Military Commercial Joint Stock Bank | 220057 | 218167 |
| FPT Corp. | 55085 | 193851 |
| Nam Long Investment Corp. | 27200 | 41376 |
| **Total Vietnam** |  | **673025** |
| **South Africa: 2.5%** | **South Africa: 2.5%** | **South Africa: 2.5%** |
| We Buy Cars Holdings, Ltd. | 134433 | 431526 |
| Old Mutual, Ltd. | 73651 | 56991 |
| **Total South Africa** |  | **488517** |
| **Poland: 2.5%** | **Poland: 2.5%** | **Poland: 2.5%** |
| InPost SA<sup>c</sup> <br>| 39416 | 483979 |
| **Total Poland** |  | **483979** |
| **Philippines: 2.0%** | **Philippines: 2.0%** | **Philippines: 2.0%** |
| GT Capital Holdings, Inc. | 26560 | 262634 |
| Security Bank Corp. | 103280 | 126704 |
| **Total Philippines** |  | **389338** |
| **Greece: 1.7%** | **Greece: 1.7%** | **Greece: 1.7%** |
| Piraeus Financial Holdings SA | 38609 | 327267 |
| **Total Greece** |  | **327267** |
| **Mexico: 1.6%** | **Mexico: 1.6%** | **Mexico: 1.6%** |
| Gentera SAB de CV | 118300 | 306454 |
| **Total Mexico** |  | **306454** |
| **Georgia: 1.4%** | **Georgia: 1.4%** | **Georgia: 1.4%** |
| TBC Bank Group PLC | 4497 | 275158 |
| **Total Georgia** |  | **275158** |
| **Turkey: 1.2%** | **Turkey: 1.2%** | **Turkey: 1.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Astor Transformator Enerji Turizm Insaat Ve <br> Petrol Sanayi Ticaret AS<br>| 99312 | 233111 |
| **Total Turkey** |  | **233111** |
| **Chile: 1.1%** | **Chile: 1.1%** | **Chile: 1.1%** |
| Parque Arauco SA | 52143 | 131992 |

---

**1**

------

Matthews Emerging Markets Discovery Active ETFSeptember 30, 2025

*Schedule of Investments (unaudited) (continued)*

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES** *(continued)* | **COMMON EQUITIES** *(continued)* | |
|  | **Shares** | <br>**Value**  |
| Banco de Credito e Inversiones SA | 978 | $43227 |
| Aguas Andinas SA Class A | 50941 | 19337 |
| Lundin Mining Corp. | 900 | 13428 |
| **Total Chile** |  | **207984** |
| **Panama: 1.0%** | **Panama: 1.0%** | **Panama: 1.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Banco Latinoamericano de Comercio Exterior <br> SA E Shares<br>| 4043 | 185857 |
| **Total Panama** |  | **185857** |
| **Cyprus: 0.9%** | **Cyprus: 0.9%** | **Cyprus: 0.9%** |
| Theon International PLC | 4433 | 169285 |
| **Total Cyprus** |  | **169285** |
| **Indonesia: 0.9%** | **Indonesia: 0.9%** | **Indonesia: 0.9%** |
| PT Mitra Adiperkasa Tbk | 1394900 | 94165 |
| PT GoTo Gojek Tokopedia Tbk<sup>c</sup> <br>| 22695000 | 73539 |
| **Total Indonesia** |  | **167704** |
| **Bangladesh: 0.8%** | **Bangladesh: 0.8%** | **Bangladesh: 0.8%** |
| BRAC Bank PLC | 258725 | 147752 |
| **Total Bangladesh** |  | **147752** |
| **United Kingdom: 0.8%** | **United Kingdom: 0.8%** | **United Kingdom: 0.8%** |
| Baltic Classifieds Group PLC | 34946 | 145843 |
| **Total United Kingdom** |  | **145843** |
| **Saudi Arabia: 0.2%** | **Saudi Arabia: 0.2%** | **Saudi Arabia: 0.2%** |
| Saudi Tadawul Group Holding Co. | 432 | 23730 |
| Seera Group Holding<sup>c</sup> <br>| 2763 | 21366 |
| **Total Saudi Arabia** |  | **45096** |
| **Argentina: 0.2%** | **Argentina: 0.2%** | **Argentina: 0.2%** |
| Grupo Financiero Galicia SA ADR | 1271 | 35029 |
| **Total Argentina** |  | **35029** |
| **TOTAL COMMON EQUITIES** | **TOTAL COMMON EQUITIES** | **19175648** |
| (Cost $17,153,064) |  |  |

---

---

| | | |
|:---|:---|:---|
| **SHORT-TERM INVESTMENTS: 0.4%** | **SHORT-TERM INVESTMENTS: 0.4%** | |
|  | **Shares** | <br>**Value**  |
| **Money Market Funds: 0.4%** | **Money Market Funds: 0.4%** | **Money Market Funds: 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market <br> Fund, Capital Shares, 4.04%<sup>d</sup> <br>| 74877 | **$74877** |
| (Cost $74,877) |  |  |
| **Total Investments: 100.2%** |  | **19250525** |
| (Cost $17,227,941) |  |  |
| **LIABILITIES IN EXCESS OF CASH** <br>**AND OTHER ASSETS: (0.2%)**<br>|  | **(47584)**<br>|
| **Net Assets: 100.0%** |  | **$19202941** |

---

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

---

| | |
|:---|:---|
| a | &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 $1,592,635, which is 8.29% of net <br> assets.<br>|
| b | &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>|
| c | Non-income producing security. |
| d | Rate shown is the current yield as of September 30, 2025. |
| ADR | American Depositary Receipt |

---

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

**2** 

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94111

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

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

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

- **b. EDGAR series identifier (if any):** S000083828

- **c. LEI of Series:** 254900US9047UCA1JC17

**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:** $19217151.12

**Total Liabilities:** $14210.06

**Net Assets:** $19202941.06

**Cash Not Reported:** $16175.52

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000247849 | -1.19%               | 2.83%                | 0.53%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $9168.98                 | $-237611.60                                |
| Month 2  | $19645.98                | $527005.78                                 |
| Month 3  | $-76832.88               | $97816.45                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Kanzhun Ltd                    | Kanzhun Ltd                                                          | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             | EC               | CORP              | CN        |      4073 | NS      | $95145.28     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Avalon Technologies Ltd        | Avalon Technologies Ltd                                              | CUSIP: 000000000<br>LEI: 335800JCPBRVSQZ3OS06 | Long             | EC               | CORP              | IN        |     10136 | NS      | $115203.16    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CTI                            | Centre Testing International Group Co Ltd                            | CUSIP: 000000000<br>LEI: 8368009FQ1ZOBVGD5Y61 | Long             | EC               | CORP              | CN        |     58200 | NS      | $105142.55    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Theon International PLC        | Theon International PLC                                              | CUSIP: 000000000<br>LEI: 2138002Y6CEIWHLN8775 | Long             | EC               | CORP              | CY        |      4433 | NS      | $169285.25    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi Tadawul Group Holding Co | Saudi Tadawul Group Holding Co                                       | CUSIP: 000000000<br>LEI: 894500BXFAWZK686TP37 | Long             | EC               | CORP              | SA        |       432 | NS      | $23729.93     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Parque Arauco SA               | Parque Arauco SA                                                     | CUSIP: 000000000<br>LEI: 2549001WW2PV1Y0UEU97 | Long             | EC               | CORP              | CL        |     52143 | NS      | $131991.81    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Baltic Classifieds Group PLC   | Baltic Classifieds Group PLC                                         | CUSIP: 000000000<br>LEI: 213800I1RPHCFSSQS969 | Long             | EC               | CORP              | LT        |     34946 | NS      | $145842.78    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| BNK Financial Group Inc        | BNK Financial Group Inc                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      7941 | NS      | $82576.67     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Nam Long Investment Corp       | Nam Long Investment Corp                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | VN        |     27200 | NS      | $41375.87     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| SNT Holdings Co Ltd            | SNT Holdings Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      2199 | NS      | $114099.43    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| GT Capital Holdings Inc        | GT Capital Holdings Inc                                              | CUSIP: 000000000<br>LEI: 254900P0ZPSRAHUO2131 | Long             | EC               | CORP              | PH        |     26560 | NS      | $262633.68    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CONCH VENTURE                  | China Conch Venture Holdings Ltd                                     | CUSIP: 000000000<br>LEI: 836800AA0Q4R3O6ZDB17 | Long             | EC               | CORP              | CN        |     80000 | NS      | $112796.26    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Yageo Corp                     | Yageo Corp                                                           | CUSIP: 000000000<br>LEI: 5493001P0TOZH7GGNQ21 | Long             | EC               | CORP              | TW        |     18000 | NS      | $100400.29    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Finolex Cables Ltd             | Finolex Cables Ltd                                                   | CUSIP: 000000000<br>LEI: 335800KAEKSMUCIH3795 | Long             | EC               | CORP              | IN        |      6534 | NS      | $60156.48     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Astor Transformator Enerji Tur | Astor Transformator Enerji Turizm Insaat Ve Petrol Sanayi Ticaret AS | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TR        |     99312 | NS      | $233110.50    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| SNT Dynamics Co Ltd            | SNT Dynamics Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      2159 | NS      | $111254.55    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Inox Wind Ltd                  | Inox Wind Ltd                                                        | CUSIP: 000000000<br>LEI: 335800JZWDBRD7XG2Z98 | Long             | EC               | CORP              | IN        |    191525 | NS      | $302509.79    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Cartrade Tech Ltd              | Cartrade Tech Ltd                                                    | CUSIP: 000000000<br>LEI: 984500F5CDO5D86C1326 | Long             | EC               | CORP              | IN        |     20555 | NS      | $567209.31    | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| FPT Corp                       | FPT Corp                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | VN        |     55085 | NS      | $193851.17    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bharti Hexacom Ltd             | Bharti Hexacom Ltd                                                   | CUSIP: 000000000<br>LEI: 335800GJ4U5YVWJGAP02 | Long             | EC               | CORP              | IN        |      4997 | NS      | $93412.97     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| BEIJING AIRPORT                | Beijing Capital International Airport Co Ltd                         | CUSIP: 000000000<br>LEI: 5299001QWQN7CK66FE04 | Long             | EC               | CORP              | CN        |    230000 | NS      | $82180.86     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| AURAS Technology Co Ltd        | AURAS Technology Co Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     12000 | NS      | $330730.36    | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova T&D India Ltd       | GE Vernova T&D India Ltd                                             | CUSIP: 000000000<br>LEI: 549300NMRD6VZDFLN355 | Long             | EC               | CORP              | IN        |      4540 | NS      | $151378.07    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Eugene Technology Co Ltd       | Eugene Technology Co Ltd                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      9846 | NS      | $490528.06    | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Elite Material Co Ltd          | Elite Material Co Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     14000 | NS      | $562700.96    | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo SBF SA                   | Grupo SBF SA                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    189800 | NS      | $463313.65    | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| BGF retail Co Ltd              | BGF retail Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1950 | NS      | $150101.56    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Hongfa Technology Co Ltd       | Hongfa Technology Co Ltd                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     29340 | NS      | $108511.15    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| InPost SA                      | InPost SA                                                            | CUSIP: 000000000<br>LEI: 2221003M23QLERR89585 | Long             | EC               | CORP              | PL        |     39416 | NS      | $483979.40    | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| HD Hyundai Co Ltd              | HD Hyundai Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      3238 | NS      | $358636.68    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Vamos Locacao de Caminhoes Maq | Vamos Locacao de Caminhoes Maquinas e Equipamentos SA                | CUSIP: 000000000<br>LEI: 9845004ADLE5510G4A37 | Long             | EC               | CORP              | BR        |    340900 | NS      | $220841.98    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Formosa Sumco Technology Corp  | Formosa Sumco Technology Corp                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     30000 | NS      | $99908.13     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Solus Advanced Materials Co Lt | Solus Advanced Materials Co Ltd                                      | CUSIP: 000000000<br>LEI: 9884002P7C55T9XN1796 | Long             | EC               | CORP              | KR        |      3022 | NS      | $16498.71     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Mutual Ltd                 | Old Mutual Ltd                                                       | CUSIP: 000000000<br>LEI: 213800MON84ZWWPQCN47 | Long             | EC               | CORP              | ZA        |     73651 | NS      | $56991.21     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| C&C International Co Ltd       | C&C International Co Ltd                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      7746 | NS      | $224973.81    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| BRAC Bank PLC                  | BRAC Bank PLC                                                        | CUSIP: 000000000<br>LEI: 254900EHCK80ARTPIK21 | Long             | EC               | CORP              | BD        |    258725 | NS      | $147751.75    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| AP Memory Technology Corp      | AP Memory Technology Corp                                            | CUSIP: 000000000<br>LEI: 529900A63PT4N736VY17 | Long             | EC               | CORP              | TW        |      6000 | NS      | $67031.96     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| YDUQS Participacoes SA         | YDUQS Participacoes SA                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    166600 | NS      | $404178.35    | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Shriram Finance Ltd            | Shriram Finance Ltd                                                  | CUSIP: 000000000<br>LEI: 335800TM2YO24B76XL26 | Long             | EC               | CORP              | IN        |     34709 | NS      | $240843.74    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Mobile World Investment Corp   | Mobile World Investment Corp                                         | CUSIP: 000000000<br>LEI: 254900ZRFNB8CRAHHO95 | Long             | EC               | CORP              | VN        |     74700 | NS      | $219631.06    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Vivara Participacoes SA        | Vivara Participacoes SA                                              | CUSIP: 000000000<br>LEI: 254900KO2WRLAVSJDR42 | Long             | EC               | CORP              | BR        |     54900 | NS      | $294419.17    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Phison Electronics Corp        | Phison Electronics Corp                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      4000 | NS      | $92657.00     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Phoenix Mills Ltd/The          | Phoenix Mills Ltd/The                                                | CUSIP: 000000000<br>LEI: 33580037PCXCE5PNQU51 | Long             | EC               | CORP              | IN        |     16278 | NS      | $285176.09    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhihu Inc                      | Zhihu Inc                                                            | CUSIP: 98955N207<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     78138 | NS      | $396159.66    | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Medlive Technology Co Ltd      | Medlive Technology Co Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    151000 | NS      | $253465.12    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Electric Co Ltd        | Fortune Electric Co Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      9800 | NS      | $186816.72    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Hugel Inc                      | Hugel Inc                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      3890 | NS      | $837304.44    | 4.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Piraeus Financial Holdings SA  | Piraeus Financial Holdings SA                                        | CUSIP: 000000000<br>LEI: M6AD1Y1KW32H8THQ6F76 | Long             | EC               | CORP              | GR        |     38609 | NS      | $327267.39    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Tongcheng Travel Holdings Ltd  | Tongcheng Travel Holdings Ltd                                        | CUSIP: 000000000<br>LEI: 2549004WGGNOPL8NUL61 | Long             | EC               | CORP              | CN        |     71600 | NS      | $211660.07    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Xtep International Holdings Lt | Xtep International Holdings Ltd                                      | CUSIP: 000000000<br>LEI: 529900ZZZZBTOKZQI549 | Long             | EC               | CORP              | CN        |    177000 | NS      | $132856.92    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Military Commercial Joint Stoc | Military Commercial Joint Stock Bank                                 | CUSIP: 000000000<br>LEI: 5493007XE88E8JRNTJ93 | Long             | EC               | CORP              | VN        |    220057 | NS      | $218166.78    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Bandhan Bank Ltd               | Bandhan Bank Ltd                                                     | CUSIP: 000000000<br>LEI: 335800Q13QAC32IOCH33 | Long             | EC               | CORP              | IN        |    669962 | NS      | $1223967.41   | 6.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Ever Sunshine Services Group L | Ever Sunshine Services Group Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    362000 | NS      | $84214.18     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Galicia SA    | Grupo Financiero Galicia SA                                          | CUSIP: 399909100<br>LEI: 5299008H3AXIXV5G3C23 | Long             | EC               | CORP              | AR        |      1271 | NS      | $35028.76     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Bladex                         | Banco Latinoamericano de Comercio Exterior SA                        | CUSIP: 000000000<br>LEI: 549300CN3134K4LC0651 | Long             | EC               | CORP              | PA        |      4043 | NS      | $185856.71    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Poya International Co Ltd      | Poya International Co Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      7250 | NS      | $111564.08    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackBuck Ltd                  | BlackBuck Ltd                                                        | CUSIP: 000000000<br>LEI: 3358003IBMJFDHOYF615 | Long             | EC               | CORP              | IN        |     30063 | NS      | $210907.83    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitra Adiperkasa Tbk PT        | Mitra Adiperkasa Tbk PT                                              | CUSIP: 000000000<br>LEI: 254900Z2B7Y7F69ZZZ04 | Long             | EC               | CORP              | ID        |   1394900 | NS      | $94165.17     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Amber Enterprises India Ltd    | Amber Enterprises India Ltd                                          | CUSIP: 000000000<br>LEI: 3358009JZU4XT3666G06 | Long             | EC               | CORP              | IN        |      1168 | NS      | $106409.34    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Gold Circuit Electronics Ltd   | Gold Circuit Electronics Ltd                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     32000 | NS      | $457247.85    | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| GoTo Gojek Tokopedia Tbk PT    | GoTo Gojek Tokopedia Tbk PT                                          | CUSIP: 000000000<br>LEI: 254900MT2CH1Y5Y7OX69 | Long             | EC               | CORP              | ID        |  22695000 | NS      | $73539.15     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| TBC Bank Group PLC             | TBC Bank Group PLC                                                   | CUSIP: 000000000<br>LEI: 213800T6NS9N2WQ3B328 | Long             | EC               | CORP              | GE        |      4497 | NS      | $275158.25    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Full Truck Alliance Co Ltd     | Full Truck Alliance Co Ltd                                           | CUSIP: 35969L108<br>LEI: 984500884LB1DP8DAC57 | Long             | EC               | CORP              | CN        |     29686 | NS      | $385027.42    | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| We Buy Cars Holdings Ltd       | We Buy Cars Holdings Ltd                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |    134433 | NS      | $431525.84    | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Security Bank Corp             | Security Bank Corp                                                   | CUSIP: 000000000<br>LEI: 549300JSVDZIR2CPTP95 | Long             | EC               | CORP              | PH        |    103280 | NS      | $126704.33    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Wiwynn Corp                    | Wiwynn Corp                                                          | CUSIP: 000000000<br>LEI: 254900FV2R15PMKXFL69 | Long             | EC               | CORP              | TW        |      3000 | NS      | $326300.94    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Andes Technology Corp          | Andes Technology Corp                                                | CUSIP: 000000000<br>LEI: 549300HYC94K4ELRHM60 | Long             | EC               | CORP              | TW        |     17000 | NS      | $171238.27    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Rainbow Children's Medicare Lt | Rainbow Children's Medicare Ltd                                      | CUSIP: 000000000<br>LEI: 894500O094S259NC7H64 | Long             | EC               | CORP              | IN        |     11178 | NS      | $170712.71    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Radico Khaitan Ltd             | Radico Khaitan Ltd                                                   | CUSIP: 000000000<br>LEI: 335800P7T5DW332M7E19 | Long             | EC               | CORP              | IN        |     14337 | NS      | $466318.34    | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Netweb Technologies India Ltd  | Netweb Technologies India Ltd                                        | CUSIP: 000000000<br>LEI: 335800OOUVFL1RE5GY79 | Long             | EC               | CORP              | IN        |      6030 | NS      | $247784.26    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Flat Glass Group Co Ltd        | Flat Glass Group Co Ltd                                              | CUSIP: 000000000<br>LEI: 300300BEL4RMXBKEA373 | Long             | EC               | CORP              | CN        |     83000 | NS      | $121186.57    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingsoft Corp Ltd              | Kingsoft Corp Ltd                                                    | CUSIP: 000000000<br>LEI: 529900UVT35D3Q7YQY41 | Long             | EC               | CORP              | CN        |     22400 | NS      | $99672.00     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Aguas Andinas SA               | Aguas Andinas SA                                                     | CUSIP: 000000000<br>LEI: 894500KC50BSHRL3SK15 | Long             | EC               | CORP              | CL        |     50941 | NS      | $19337.07     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ola Electric Mobility Ltd      | Ola Electric Mobility Ltd                                            | CUSIP: 000000000<br>LEI: 335800BB7I348XAZPI13 | Long             | EC               | CORP              | IN        |    203747 | NS      | $130685.38    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| M31 Technology Corp            | M31 Technology Corp                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     19600 | NS      | $292604.50    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Lundin Mining Corp             | Lundin Mining Corp                                                   | CUSIP: 550372106<br>LEI: 549300FQDIM6C8HTN269 | Long             | EC               | CORP              | CA        |       900 | NS      | $13428.20     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Senco Gold Ltd                 | Senco Gold Ltd                                                       | CUSIP: 000000000<br>LEI: 549300D3BL7586VX0W90 | Long             | EC               | CORP              | IN        |     41520 | NS      | $160606.43    | 0.84%             |  |  |  | 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        |     74877 | NS      | $74877.07     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| UNO Minda Ltd                  | UNO Minda Ltd                                                        | CUSIP: 000000000<br>LEI: 335800Y2G59FEIQRLG14 | Long             | EC               | CORP              | IN        |     17790 | NS      | $260231.75    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco de Credito e Inversiones | Banco de Credito e Inversiones SA                                    | CUSIP: 000000000<br>LEI: 549300E9E5Y3PKW24142 | Long             | EC               | CORP              | CL        |       978 | NS      | $43227.31     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTRAL CHINA SECURITIES CO LT | Central China Securities Co Ltd                                      | CUSIP: 000000000<br>LEI: 529900XLC5JNS6K0M818 | Long             | EC               | CORP              | CN        |    166000 | NS      | $58886.43     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Legend Biotech Corp            | Legend Biotech Corp                                                  | CUSIP: 52490G102<br>LEI: 254900EIUFZTW136H859 | Long             | EC               | CORP              | US        |     25454 | NS      | $830054.94    | 4.32%             |  |  |  | No            |                  1 | On Loan: No      |
| iM Financial Group Co Ltd      | iM Financial Group Co Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      8369 | NS      | $82076.50     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Silergy Corp                   | Silergy Corp                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     21000 | NS      | $177767.57    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Seera Group Holding            | Seera Group Holding                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |      2763 | NS      | $21366.06     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentera SAB de CV              | Gentera SAB de CV                                                    | CUSIP: 000000000<br>LEI: 4469000001ECOWXFNE33 | Long             | EC               | CORP              | MX        |    118300 | NS      | $306453.95    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Action Construction Equipment  | Action Construction Equipment Ltd                                    | CUSIP: 000000000<br>LEI: 335800E2SPJUKN6OTB20 | Long             | EC               | CORP              | IN        |     16225 | NS      | $196003.83    | 1.02%             |  |  |  | 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