# EDGAR Filing Document

**Accession Number:** 0000923184
**File Stem:** 0000940400-25-009725
**Filing Date:** 2025-11
**Character Count:** 33662
**Document Hash:** 0ca83d066847cc066fb7b612692a5a5b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009725.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009725

**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:** 251513037

**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 SUSTAINABLE FUTURE FUND (Series ID: S000049136)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000154925 | Investor Class Shares      | MASGX           |
| C000154926 | Institutional Class Shares | MISFX           |

## Nport-Ex

Matthews Emerging Markets Sustainable Future FundSeptember 30, 2025

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

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

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES: 99.2%** | **COMMON EQUITIES: 99.2%** | |
|  | **Shares** | <br>**Value**  |
| **China/Hong Kong: 30.0%** | **China/Hong Kong: 30.0%** | **China/Hong Kong: 30.0%** |
| Meituan Class B<sup>b,c,d</sup> <br>| 727400 | $9717168 |
| Legend Biotech Corp. ADR<sup>c</sup> <br>| 249374 | 8132086 |
| Alibaba Group Holding, Ltd. | 341600 | 7639582 |
| JD Health International, Inc.<sup>b,c,d</sup> <br>| 869000 | 7399534 |
| &nbsp;&nbsp;&nbsp;&nbsp; Contemporary Amperex Technology Co., Ltd. A <br> Shares<br>| 119400 | 6762369 |
| Full Truck Alliance Co., Ltd. ADR | 413043 | 5357168 |
| Hong Kong Exchanges & Clearing, Ltd. | 83400 | 4734664 |
| Zhihu, Inc. ADR<sup>c</sup> <br>| 591564 | 2999230 |
| Lam Research Corp. | 19354 | 2591501 |
| Silergy Corp. | 209000 | 1779971 |
| BYD Co., Ltd. H Shares | 122500 | 1731498 |
| Flat Glass Group Co., Ltd. H Shares | 1156000 | 1688568 |
| Medlive Technology Co., Ltd.<sup>b,d</sup> <br>| 946000 | 1586502 |
| NARI Technology Co., Ltd. A Shares | 481420 | 1553465 |
| DiDi Global, Inc. ADR<sup>c</sup> <br>| 228879 | 1423627 |
| Kanzhun, Ltd. ADR<sup>c</sup> <br>| 8868 | 207157 |
| **Total China/Hong Kong** |  | **65304090** |
| **Taiwan: 17.7%** | **Taiwan: 17.7%** | **Taiwan: 17.7%** |
| Taiwan Semiconductor Manufacturing Co., Ltd. | 462000 | 20068276 |
| Elite Material Co., Ltd. | 156000 | 6313512 |
| AURAS Technology Co., Ltd. | 140000 | 3890742 |
| M31 Technology Corp. | 204006 | 3068961 |
| Andes Technology Corp.<sup>c</sup> <br>| 250000 | 2535225 |
| &nbsp;&nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co., Ltd. <br> ADR<br>| 5823 | 1626306 |
| Poya International Co., Ltd. | 35797 | 551519 |
| Airtac International Group | 17000 | 422245 |
| **Total Taiwan** |  | **38476786** |
| **India: 17.4%** | **India: 17.4%** | **India: 17.4%** |
| Bandhan Bank, Ltd.<sup>b,d</sup> <br>| 7020371 | 12833960 |
| Swiggy, Ltd.<sup>c</sup> <br>| 1213344 | 5775576 |
| Indus Towers, Ltd.<sup>c</sup> <br>| 1326802 | 5122941 |
| Inox Wind, Ltd.<sup>c</sup> <br>| 2090819 | 3301005 |
| Mahindra & Mahindra, Ltd. | 76781 | 2963334 |
| Phoenix Mills, Ltd. | 154902 | 2711739 |
| Shriram Finance, Ltd. | 283197 | 1963646 |
| HDFC Asset Management Co., Ltd.<sup>b,d</sup> <br>| 25990 | 1619172 |
| NTPC Green Energy, Ltd.<sup>c</sup> <br>| 1204269 | 1319700 |
| UNO Minda, Ltd. | 16944 | 247968 |
| Marico, Ltd. | 13113 | 103053 |
| **Total India** |  | **37962094** |
| **South Korea: 12.9%** | **South Korea: 12.9%** | **South Korea: 12.9%** |
| Samsung Electronics Co., Ltd. | 149087 | 8937815 |
| Eugene Technology Co., Ltd. | 110161 | 5501114 |
| HD Hyundai Electric Co., Ltd. | 13139 | 5464998 |
| SK Square Co., Ltd.<sup>c</sup> <br>| 31551 | 4544598 |
| Industrial Bank of Korea | 167590 | 2325311 |
| Samsung SDI Co., Ltd. | 9523 | 1393865 |
| **Total South Korea** |  | **28167701** |
| **Brazil: 5.9%** | **Brazil: 5.9%** | **Brazil: 5.9%** |
| YDUQS Participacoes SA | 2213800 | 5374099 |
| B3 SA - Brasil Bolsa Balcao | 1417500 | 3568885 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value**  |
| &nbsp;&nbsp;&nbsp;&nbsp; Cia de Saneamento Basico do Estado de Sao <br> Paulo SABESP<br>| 84300 | $2093462 |
| NU Holdings, Ltd. Class A<sup>c</sup> <br>| 112676 | 1803943 |
| **Total Brazil** |  | **12840389** |
| **Poland: 2.8%** | **Poland: 2.8%** | **Poland: 2.8%** |
| InPost SA<sup>c</sup> <br>| 492378 | 6061984 |
| **Total Poland** |  | **6061984** |
| **United States: 2.4%** | **United States: 2.4%** | **United States: 2.4%** |
| Micron Technology, Inc. | 31544 | 5277942 |
| **Total United States** |  | **5277942** |
| **Turkey: 2.1%** | **Turkey: 2.1%** | **Turkey: 2.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; Astor Transformator Enerji Turizm Insaat Ve <br> Petrol Sanayi Ticaret AS<br>| 1018053 | 2392137 |
| Akbank TAS | 1468603 | 2219320 |
| **Total Turkey** |  | **4611457** |
| **Romania: 1.9%** | **Romania: 1.9%** | **Romania: 1.9%** |
| Banca Transilvania SA | 637261 | 4133794 |
| **Total Romania** |  | **4133794** |
| **Greece: 1.7%** | **Greece: 1.7%** | **Greece: 1.7%** |
| Piraeus Financial Holdings SA | 450991 | 3830817 |
| **Total Greece** |  | **3830817** |
| **Vietnam: 1.3%** | **Vietnam: 1.3%** | **Vietnam: 1.3%** |
| Nam Long Investment Corp. | 1810239 | 2757206 |
| **Total Vietnam** |  | **2757206** |
| **Indonesia: 0.8%** | **Indonesia: 0.8%** | **Indonesia: 0.8%** |
| PT Bank Rakyat Indonesia Persero Tbk | 7153300 | 1676608 |
| **Total Indonesia** |  | **1676608** |
| **Jordan: 0.6%** | **Jordan: 0.6%** | **Jordan: 0.6%** |
| Hikma Pharmaceuticals PLC | 57381 | 1317240 |
| **Total Jordan** |  | **1317240** |
| **Bangladesh: 0.5%** | **Bangladesh: 0.5%** | **Bangladesh: 0.5%** |
| BRAC Bank PLC | 1767798 | 1009548 |
| **Total Bangladesh** |  | **1009548** |
| **Philippines: 0.4%** | **Philippines: 0.4%** | **Philippines: 0.4%** |
| Security Bank Corp. | 743740 | 912423 |
| **Total Philippines** |  | **912423** |
| **Argentina: 0.4%** | **Argentina: 0.4%** | **Argentina: 0.4%** |
| Grupo Financiero Galicia SA ADR | 29138 | 803043 |
| **Total Argentina** |  | **803043** |
| **Kazakhstan: 0.1%** | **Kazakhstan: 0.1%** | **Kazakhstan: 0.1%** |
| Kaspi.KZ JSC ADR | 2472 | 201913 |
| **Total Kazakhstan** |  | **201913** |

---

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

------

Matthews Emerging Markets Sustainable Future FundSeptember 30, 2025

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

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES** *(continued)* | **COMMON EQUITIES** *(continued)* | |
|  | **Shares** | <br>**Value**  |
| **Chile: 0.1%** | **Chile: 0.1%** | **Chile: 0.1%** |
| Aguas Andinas SA Class A | 449444 | $170707 |
| **Total Chile** |  | **170707** |
| **South Africa: 0.1%** | **South Africa: 0.1%** | **South Africa: 0.1%** |
| Nedbank Group, Ltd. | 13746 | 169935 |
| **Total South Africa** |  | **169935** |
| **Saudi Arabia: 0.1%** | **Saudi Arabia: 0.1%** | **Saudi Arabia: 0.1%** |
| Saudi Tadawul Group Holding Co. | 2390 | 131284 |
| **Total Saudi Arabia** |  | **131284** |
| **TOTAL COMMON EQUITIES** | **TOTAL COMMON EQUITIES** | **215816961** |
| (Cost $181,816,014) |  |  |
| **PREFERRED EQUITIES: 1.0%** | **PREFERRED EQUITIES: 1.0%** |  |
| **South Korea: 1.0%** | **South Korea: 1.0%** | **South Korea: 1.0%** |
| Samsung SDI Co., Ltd., Pfd. | 24048 | 2219613 |
| **Total South Korea** |  | **2219613** |
| **TOTAL PREFERRED EQUITIES** | **TOTAL PREFERRED EQUITIES** | **2219613** |
| (Cost $3,916,793) |  |  |
| **Total Investments: 100.2%** |  | **218036574** |
| (Cost $185,732,807) |  |  |
| **LIABILITIES IN EXCESS OF CASH** <br>**AND OTHER ASSETS: (0.2%)**<br>|  | **(337636)**<br>|
| **Net Assets: 100.0%** |  | **$217698938** |

---

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

---

| | |
|:---|:---|
| a | &nbsp;&nbsp;&nbsp; Certain securities were fair valued under the valuation policies approved by the <br> Board of Trustees.<br>|
| b | &nbsp;&nbsp;&nbsp; Security exempt from registration under Rule 144A of the Securities Act of 1933, as <br> amended. The security may be resold in transactions exempt from registration <br> normally to qualified institutional buyers. The security has been determined to be <br> liquid in accordance with procedures adopted by the Funds' Board of Trustees. At <br> September 30, 2025, the aggregate value is $33,156,336, which is 15.23% of net <br> assets.<br>|
| c | Non-income producing security. |
| d | &nbsp;&nbsp;&nbsp; The securities may be resold to qualified foreign investors and foreign institutional <br> buyers under Regulation S of the Securities Act of 1933.<br>|
| ADR | American Depositary Receipt |
| JSC | Joint Stock Co. |
| 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** MATTHEWS ASIA FUNDS

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94111

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

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

- **a. Name of Series:** Matthews Emerging Markets Sustainable Future Fund

- **b. EDGAR series identifier (if any):** S000049136

- **c. LEI of Series:** 549300RDLJEE472SGE10

**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:** $218489696.88

**Total Liabilities:** $770402.57

**Net Assets:** $217719294.31

**Cash Not Reported:** $370896.69

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000154926 | -1.87%               | 1.30%                | 6.56%                |
| Class ID C000154925 | -1.88%               | 1.30%                | 6.50%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2010462.07              | $-6281369.76                               |
| Month 2  | $1127304.14              | $1373473.25                                |
| Month 3  | $2161778.81              | $10315069.73                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Eugene Technology Co Ltd       | Eugene Technology Co Ltd                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    110161 | NS      | $5501113.96   | 2.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Bandhan Bank Ltd               | Bandhan Bank Ltd                                                     | CUSIP: 000000000<br>LEI: 335800Q13QAC32IOCH33 | Long             | EC               | CORP              | IN        |   7020371 | NS      | $12833960.16  | 5.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung SDI Co Ltd             | Samsung SDI Co Ltd                                                   | CUSIP: 000000000<br>LEI: 9884002AESDO4YW87G32 | Long             | EP               | CORP              | KR        |     24048 | NS      | $2219612.88   | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| M31 Technology Corp            | M31 Technology Corp                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    204006 | NS      | $3068960.73   | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Piraeus Financial Holdings SA  | Piraeus Financial Holdings SA                                        | CUSIP: 000000000<br>LEI: M6AD1Y1KW32H8THQ6F76 | Long             | EC               | CORP              | GR        |    450991 | NS      | $3830817.32   | 1.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Hikma Pharmaceuticals PLC      | Hikma Pharmaceuticals PLC                                            | CUSIP: 000000000<br>LEI: 549300BNS685UXH4JI75 | Long             | EC               | CORP              | GB        |     57381 | NS      | $1317240.08   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Shriram Finance Ltd            | Shriram Finance Ltd                                                  | CUSIP: 000000000<br>LEI: 335800TM2YO24B76XL26 | Long             | EC               | CORP              | IN        |    283197 | NS      | $1963645.42   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD Co Ltd                     | BYD Co Ltd                                                           | CUSIP: 000000000<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |    122500 | NS      | $1731498.08   | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| YDUQS Participacoes SA         | YDUQS Participacoes SA                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |   2213800 | NS      | $5374098.55   | 2.47%             |  |  |  | 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        |   1018053 | NS      | $2392136.41   | 1.10%             |  |  |  | No            |                  2 | On Loan: No      |
| BRAC Bank PLC                  | BRAC Bank PLC                                                        | CUSIP: 000000000<br>LEI: 254900EHCK80ARTPIK21 | Long             | EC               | CORP              | BD        |   1767798 | NS      | $1009547.75   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung SDI Co Ltd             | Samsung SDI Co Ltd                                                   | CUSIP: 000000000<br>LEI: 9884002AESDO4YW87G32 | Long             | EC               | CORP              | KR        |      9523 | NS      | $1393864.53   | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| InPost SA                      | InPost SA                                                            | CUSIP: 000000000<br>LEI: 2221003M23QLERR89585 | Long             | EC               | CORP              | PL        |    492378 | NS      | $6061983.62   | 2.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Tadawul Group Holding Co | Saudi Tadawul Group Holding Co                                       | CUSIP: 000000000<br>LEI: 894500BXFAWZK686TP37 | Long             | EC               | CORP              | SA        |      2390 | NS      | $131283.66    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| HKEX                           | Hong Kong Exchanges & Clearing Ltd                                   | CUSIP: 000000000<br>LEI: 213800YTVSXYQN17BW16 | Long             | EC               | CORP              | HK        |     83400 | NS      | $4734664.39   | 2.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Financiero Galicia SA    | Grupo Financiero Galicia SA                                          | CUSIP: 399909100<br>LEI: 5299008H3AXIXV5G3C23 | Long             | EC               | CORP              | AR        |     29138 | NS      | $803043.28    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Flat Glass Group Co Ltd        | Flat Glass Group Co Ltd                                              | CUSIP: 000000000<br>LEI: 300300BEL4RMXBKEA373 | Long             | EC               | CORP              | CN        |   1156000 | NS      | $1688567.96   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Micron Technology Inc          | Micron Technology Inc                                                | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     31544 | NS      | $5277942.08   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Airtac International Group     | Airtac International Group                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     17000 | NS      | $422245.51    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| DiDi Global Inc                | DiDi Global Inc                                                      | CUSIP: 23292E108<br>LEI: 8368006Y2DHY77ADSY31 | Long             | EC               | CORP              | CN        |    228879 | NS      | $1423627.38   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Nam Long Investment Corp       | Nam Long Investment Corp                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | VN        |   1810239 | NS      | $2757206.08   | 1.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd     | Samsung Electronics Co Ltd                                           | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |    149087 | NS      | $8937814.51   | 4.11%             |  |  |  | No            |                  2 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co Ltd                            | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      5823 | NS      | $1626305.67   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Square Co Ltd               | SK Square Co Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     31551 | NS      | $4544598.10   | 2.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Lam Research Corp              | Lam Research Corp                                                    | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     19354 | NS      | $2591500.60   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Meituan                        | Meituan                                                              | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | CN        |    727400 | NS      | $9717168.25   | 4.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Legend Biotech Corp            | Legend Biotech Corp                                                  | CUSIP: 52490G102<br>LEI: 254900EIUFZTW136H859 | Long             | EC               | CORP              | US        |    249374 | NS      | $8132086.14   | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands | NU Holdings Ltd/Cayman Islands                                       | CUSIP: 000000000<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | BR        |    112676 | NS      | $1803942.76   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Kanzhun Ltd                    | Kanzhun Ltd                                                          | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             | EC               | CORP              | CN        |      8868 | NS      | $207156.48    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NTPC Green Energy Ltd          | NTPC Green Energy Ltd                                                | CUSIP: 000000000<br>LEI: 335800AMQJOQ1FL3NH90 | Long             | EC               | CORP              | IN        |   1204269 | NS      | $1319699.76   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Poya International Co Ltd      | Poya International Co Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     35797 | NS      | $551518.68    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| B3 SA - Brasil Bolsa Balcao    | B3 SA - Brasil Bolsa Balcao                                          | CUSIP: 000000000<br>LEI: 4GTK5S46E6H318LMDS44 | Long             | EC               | CORP              | BR        |   1417500 | NS      | $3568885.34   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrial Bank of Korea       | Industrial Bank of Korea                                             | CUSIP: 000000000<br>LEI: 988400RBIWE3YA18PK12 | Long             | EC               | CORP              | KR        |    167590 | NS      | $2325311.50   | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| CATL                           | Contemporary Amperex Technology Co Ltd                               | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |    119400 | NS      | $6762369.43   | 3.11%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Hyundai Electric Co Ltd     | HD Hyundai Electric Co Ltd                                           | CUSIP: 000000000<br>LEI: 988400CSDKM9UHLHGB91 | Long             | EC               | CORP              | KR        |     13139 | NS      | $5464998.00   | 2.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Aguas Andinas SA               | Aguas Andinas SA                                                     | CUSIP: 000000000<br>LEI: 894500KC50BSHRL3SK15 | Long             | EC               | CORP              | CL        |    449444 | NS      | $170707.51    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Medlive Technology Co Ltd      | Medlive Technology Co Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    946000 | NS      | $1586502.40   | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Marico Ltd                     | Marico Ltd                                                           | CUSIP: 000000000<br>LEI: 3358003SFDQFGJPC5O84 | Long             | EC               | CORP              | IN        |     13113 | NS      | $103053.11    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Indus Towers Ltd               | Indus Towers Ltd                                                     | CUSIP: 000000000<br>LEI: 335800L6DI4VHODGDK41 | Long             | EC               | CORP              | IN        |   1326802 | NS      | $5122941.15   | 2.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd      | Alibaba Group Holding Ltd                                            | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | HK        |    341600 | NS      | $7639582.18   | 3.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Inox Wind Ltd                  | Inox Wind Ltd                                                        | CUSIP: 000000000<br>LEI: 335800JZWDBRD7XG2Z98 | Long             | EC               | CORP              | IN        |   2090819 | NS      | $3301004.95   | 1.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Zhihu Inc                      | Zhihu Inc                                                            | CUSIP: 98955N207<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    591564 | NS      | $2999229.48   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiggy Ltd                     | Swiggy Ltd                                                           | CUSIP: 000000000<br>LEI: 335800R11DC3QR7KH186 | Long             | EC               | CORP              | IN        |   1213344 | NS      | $5775575.64   | 2.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Phoenix Mills Ltd/The          | Phoenix Mills Ltd/The                                                | CUSIP: 000000000<br>LEI: 33580037PCXCE5PNQU51 | Long             | EC               | CORP              | IN        |    154902 | NS      | $2711739.39   | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Silergy Corp                   | Silergy Corp                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    209000 | NS      | $1779970.74   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co Ltd                            | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    462000 | NS      | $20068276.16  | 9.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Andes Technology Corp          | Andes Technology Corp                                                | CUSIP: 000000000<br>LEI: 549300HYC94K4ELRHM60 | Long             | EC               | CORP              | TW        |    250000 | NS      | $2535225.15   | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| AURAS Technology Co Ltd        | AURAS Technology Co Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    140000 | NS      | $3890742.25   | 1.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Banca Transilvania SA          | Banca Transilvania SA                                                | CUSIP: 000000000<br>LEI: 549300RG3H390KEL8896 | Long             | EC               | CORP              | RO        |    637261 | NS      | $4133794.58   | 1.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Elite Material Co Ltd          | Elite Material Co Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    156000 | NS      | $6313511.86   | 2.90%             |  |  |  | No            |                  3 | On Loan: No      |
| Full Truck Alliance Co Ltd     | Full Truck Alliance Co Ltd                                           | CUSIP: 35969L108<br>LEI: 984500884LB1DP8DAC57 | Long             | EC               | CORP              | CN        |    413043 | NS      | $5357167.71   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Akbank TAS                     | Akbank TAS                                                           | CUSIP: 000000000<br>LEI: 789000TUMN63Z28TJ497 | Long             | EC               | CORP              | TR        |   1468603 | NS      | $2219320.24   | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Nedbank Group Ltd              | Nedbank Group Ltd                                                    | CUSIP: 000000000<br>LEI: 3789009E42FA3CB31065 | Long             | EC               | CORP              | ZA        |     13746 | NS      | $169934.63    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Security Bank Corp             | Security Bank Corp                                                   | CUSIP: 000000000<br>LEI: 549300JSVDZIR2CPTP95 | Long             | EC               | CORP              | PH        |    743740 | NS      | $912423.30    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Asset Management Co Ltd   | HDFC Asset Management Co Ltd                                         | CUSIP: 000000000<br>LEI: 3358002FLK8AK8WSEP31 | Long             | EC               | CORP              | IN        |     25990 | NS      | $1619172.11   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Mahindra & Mahindra Ltd        | Mahindra & Mahindra Ltd                                              | CUSIP: 000000000<br>LEI: 3358003B573EV4KB4Z02 | Long             | EC               | CORP              | IN        |     76781 | NS      | $2963334.34   | 1.36%             |  |  |  | No            |                  2 | On Loan: No      |
| JD Health International Inc    | JD Health International Inc                                          | CUSIP: 000000000<br>LEI: 254900OM3MAXYK8PCC84 | Long             | EC               | CORP              | CN        |    869000 | NS      | $7399533.74   | 3.40%             |  |  |  | No            |                  2 | On Loan: No      |
| NARI Technology Co Ltd         | NARI Technology Co Ltd                                               | CUSIP: 000000000<br>LEI: 3003006IGH1W58MAQM05 | Long             | EC               | CORP              | CN        |    481420 | NS      | $1553464.67   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Cia de Saneamento Basico do Es | Cia de Saneamento Basico do Estado de Sao Paulo SABESP               | CUSIP: 000000000<br>LEI: 254900UOXRZRS2TNWP19 | Long             | EC               | CORP              | BR        |     84300 | NS      | $2093462.54   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| UNO Minda Ltd                  | UNO Minda Ltd                                                        | CUSIP: 000000000<br>LEI: 335800Y2G59FEIQRLG14 | Long             | EC               | CORP              | IN        |     16944 | NS      | $247968.29    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Rakyat Indonesia Persero  | Bank Rakyat Indonesia Persero Tbk PT                                 | CUSIP: 000000000<br>LEI: 254900HB6S4B12GBNP64 | Long             | EC               | CORP              | ID        |   7153300 | NS      | $1676608.25   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Kaspi.KZ JSC                   | Kaspi.KZ JSC                                                         | CUSIP: 48581R205<br>LEI: 2549003YU6FARG8OAZ13 | Long             | EC               | CORP              | KZ        |      2472 | NS      | $201912.96    | 0.09%             |  |  |  | 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