# EDGAR Filing Document

**Accession Number:** 0000356476
**File Stem:** 0001193125-26-050262
**Filing Date:** 2026-2
**Character Count:** 41059
**Document Hash:** ba85ee18c130e48442dfa8f389c9bfb2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-050262.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0001193125-26-050262

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260213

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EMPOWER FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000356476

**ORGANIZATION NAME:**
- **EIN:** 840876044
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03364
- **FILM NUMBER:** 26629791

**BUSINESS ADDRESS:**
- **STREET 1:** 8515 E ORCHARD ROAD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111
- **BUSINESS PHONE:** 303-737-3000

**MAIL ADDRESS:**
- **STREET 1:** 8515 E ORCHARD ROAD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GREAT-WEST FUNDS INC
- **DATE OF NAME CHANGE:** 20121005

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MAXIM SERIES FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Empower International Growth Fund (Series ID: S000023737)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000069814 | Investor Class      | MXIGX           |
| C000155764 | Institutional Class | MXHTX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** EMPOWER FUNDS, INC.

- **b. Investment Company Act file number:** 811-03364

- **c. CIK number of Registrant:** 0000356476

- **d. LEI of Registrant:** RUYOMHMDMSPQ01U66388

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

  - **Street Address 1:** 8515 E Orchard Road

  - **City:** Greenwood Village

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80111

  - **Telephone number:** 866-831-7129

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

- **a. Name of Series:** Empower International Growth Fund

- **b. EDGAR series identifier (if any):** S000023737

- **c. LEI of Series:** 5WGJQNP7ZMHQ58KNXK35

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $697226266.50

**Total Liabilities:** $3625405.09

**Net Assets:** $693600861.41

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000069814 | 0.97%                | -1.65%               | 0.09%                |
| Class ID C000155764 | 0.98%                | -1.55%               | 0.15%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $46808253.12             | $-2149100.42                               |
| Month 2  | $51639871.95             | $-15273105.25                              |
| Month 3  | $53626285.92             | $-900740.82                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Dreyfus Instl Resv                           | Dreyfus Instl Resv PFD GOVT INSTL                                     | CUSIP: 26200X100<br>LEI: 549300FG0OZ5YKPLK622 | Long             | STIV             | RF                | US        |  16258393 | PA      | $16258392.81  | 2.34%             | 2026-01-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                               | MORGAN STANLEY                                                        | CUSIP: 789456127<br>LEI: N/A                  | Long             | DFE              | CORP              | N/A       |         1 | NC      | $430200.67    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Diageo PLC                                   | Diageo PLC ORD GBP0.28 101/108                                        | CUSIP: G42089113<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |    292908 | NS      | $6309565.27   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Gjensidige Forsikring ASA                    | Gjensidige Forsikring ASA NOK2                                        | CUSIP: R2763X101<br>LEI: 5967007LIEEXZX6FAO47 | Long             | EC               | CORP              | NO        |    213861 | NS      | $6391948.99   | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Compagnie Financiere Richemont Sa            | Compagnie Financiere Richemont Sa CHF1 (REGD)                         | CUSIP: H25662182<br>LEI: 549300YIPGJ6UX2QPS51 | Long             | EC               | CORP              | CH        |     45794 | NS      | $9875523.89   | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS Group AG                                 | UBS Group AG USD0.10 (REGD)                                           | CUSIP: H42097107<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EC               | CORP              | CH        |     69389 | NS      | $3204009.48   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Accenture PLC                                | Accenture PLC CLS'A'USD0.0000225                                      | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     26724 | NS      | $7170049.19   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| 3i Group PLC                                 | 3i Group PLC ORD GBP0.738636                                          | CUSIP: G88473148<br>LEI: 35GDVHRBMFE7NWATNM84 | Long             | EC               | CORP              | GB        |    119613 | NS      | $5243264.46   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| NatWest Group PLC                            | NatWest Group PLC ORD GBP1.0769                                       | CUSIP: G6422B147<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EC               | CORP              | GB        |    397836 | NS      | $3488845.93   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                       | Standard Chartered PLC ORD USD0.50                                    | CUSIP: G84228157<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | EC               | CORP              | GB        |     45121 | NS      | $1100666.12   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Next PLC                                     | Next PLC ORD GBP0.10                                                  | CUSIP: G6500M106<br>LEI: 213800WQD8ECPZP9PH98 | Long             | EC               | CORP              | GB        |     14918 | NS      | $2745392.49   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Capgemini SE                                 | Capgemini SE EUR8                                                     | CUSIP: F4973Q101<br>LEI: 96950077L0TN7BAROX36 | Long             | EC               | CORP              | FR        |     14480 | NS      | $2404375.56   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Indra Sistemas S.A.                          | Indra Sistemas S.A. EUR0.20 SER 'A'                                   | CUSIP: E6271Z155<br>LEI: 95980020140005308793 | Long             | EC               | CORP              | ES        |    127036 | NS      | $7221397.00   | 1.04%             |  |  |  | No            |                  2 | On Loan: —       |
| Pernod Ricard SA                             | Pernod Ricard SA EUR1.55                                              | CUSIP: F72027109<br>LEI: 52990097YFPX9J0H5D87 | Long             | EC               | CORP              | FR        |     35580 | NS      | $3046581.57   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Schneider Electric SE                        | Schneider Electric SE EUR4.00                                         | CUSIP: F86921107<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |     31513 | NS      | $8621167.12   | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| SAP SE                                       | SAP SE ORD NPV                                                        | CUSIP: D66992104<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |     57338 | NS      | $13931313.37  | 2.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Munich Reinsurance AG                        | Munich Reinsurance AG NPV(REGD)                                       | CUSIP: D55535104<br>LEI: 529900MUF4C20K50JS49 | Long             | EC               | CORP              | DE        |      6068 | NS      | $3993263.75   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Kering S.A.                                  | Kering S.A. EUR4                                                      | CUSIP: F5433L103<br>LEI: 549300VGEJKB7SVUZR78 | Long             | EC               | CORP              | FR        |      6395 | NS      | $2234652.10   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Ajinomoto Co Inc.                            | Ajinomoto Co Inc. NPV                                                 | CUSIP: J00882126<br>LEI: 353800UT0TLROREPIC92 | Long             | EC               | CORP              | JP        |    143200 | NS      | $3027248.27   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Telstra Group Ltd.                           | Telstra Group Ltd. NPV                                                | CUSIP: Q8975N105<br>LEI: 894500WRW54CVN62K416 | Long             | EC               | CORP              | AU        |   1104166 | NS      | $3582545.72   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| OBIC Co Ltd.                                 | OBIC Co Ltd. NPV                                                      | CUSIP: J5946V107<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     86700 | NS      | $2721398.34   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Hong Kong Exchanges & Clearing Ltd.          | Hong Kong Exchanges & Clearing Ltd. NPV                               | CUSIP: Y3506N139<br>LEI: 213800YTVSXYQN17BW16 | Long             | EC               | CORP              | HK        |    265300 | NS      | $13880855.46  | 2.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Hitachi Ltd.                                 | Hitachi Ltd. NPV                                                      | CUSIP: J20454112<br>LEI: 549300T6IPOCDWLKC615 | Long             | EC               | CORP              | JP        |    301300 | NS      | $9449241.05   | 1.36%             |  |  |  | No            |                  2 | On Loan: No      |
| HOYA Corp.                                   | HOYA Corp. NPV                                                        | CUSIP: J22848105<br>LEI: 353800X4VR3BHEUCJB42 | Long             | EC               | CORP              | JP        |     48500 | NS      | $7355975.21   | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| IHI Corp.                                    | IHI Corp. NPV                                                         | CUSIP: J2398N113<br>LEI: 549300ETQIESIUQ2OE26 | Long             | EC               | CORP              | JP        |    261800 | NS      | $4602599.46   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Kao Corp.                                    | Kao Corp. NPV                                                         | CUSIP: J30642169<br>LEI: 353800HM38HFCB8RGL63 | Long             | EC               | CORP              | JP        |     88800 | NS      | $3544146.11   | 0.51%             |  |  |  | No            |                  2 | On Loan: —       |
| Keyence Corp.                                | Keyence Corp. NPV                                                     | CUSIP: J32491102<br>LEI: 529900M7PQBS7A89DZ11 | Long             | EC               | CORP              | JP        |     13400 | NS      | $4847114.69   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Advantest Corp.                              | Advantest Corp. NPV                                                   | CUSIP: J00210104<br>LEI: 353800EMK32PDKS9XR54 | Long             | EC               | CORP              | JP        |     22300 | NS      | $2819788.51   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Electron Ltd.                          | Tokyo Electron Ltd. NPV                                               | CUSIP: J86957115<br>LEI: 549300H5LSF8DP3RIJ34 | Long             | EC               | CORP              | JP        |     31300 | NS      | $6971366.60   | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| EssilorLuxottica SA                          | EssilorLuxottica SA EUR0.18                                           | CUSIP: F31665106<br>LEI: 549300M3VH1A3ER1TB49 | Long             | EC               | CORP              | FR        |     52528 | NS      | $16609225.36  | 2.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Sea Ltd.                                     | Sea Ltd. SPONSORD ADS                                                 | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |     23170 | NS      | $2955796.83   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Toromont Industries Ltd.                     | Toromont Industries Ltd. COM STK NPV                                  | CUSIP: 891102105<br>LEI: 5493008W5EPRSLQ0B737 | Long             | EC               | CORP              | CA        |     68261 | NS      | $8258161.26   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| London Stock Exchange Group PLC              | London Stock Exchange Group PLC ORD GBP0.06918604                     | CUSIP: G5689U103<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |    116086 | NS      | $13960641.36  | 2.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Legrand SA                                   | Legrand SA EUR4                                                       | CUSIP: F56196185<br>LEI: 969500XXRPGD7HCAFA90 | Long             | EC               | CORP              | FR        |     39120 | NS      | $5815680.85   | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Liquide S.A.(L')                         | Air Liquide S.A.(L') EUR5.50                                          | CUSIP: F01764103<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |     55150 | NS      | $10365648.74  | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA Group Ltd, Hong Kong                     | AIA Group Ltd, Hong Kong NPV                                          | CUSIP: Y002A1105<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |   1112800 | NS      | $11454154.74  | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Scout24 SE                                   | Scout24 SE NPV                                                        | CUSIP: D345XT105<br>LEI: 5493007EIKM2ENQS7U66 | Long             | EC               | CORP              | DE        |     82586 | NS      | $8294922.62   | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Rational AG                                  | Rational AG NPV                                                       | CUSIP: D6349P107<br>LEI: 529900K139N6UFJ1A758 | Long             | EC               | CORP              | DE        |      8585 | NS      | $6628398.74   | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Sartorius AG                                 | Sartorius AG NON VTG PFD NPV                                          | CUSIP: D6705R119<br>LEI: 529900EQV2DY4FOAMU38 | Long             | EP               | CORP              | DE        |     16232 | NS      | $4674235.14   | 0.67%             |  |  |  | No            |                  2 | On Loan: —       |
| Siemens Energy AG                            | Siemens Energy AG NPV                                                 | CUSIP: D6T47E106<br>LEI: 5299005CHJZ14D4FDJ62 | Long             | EC               | CORP              | DE        |     38680 | NS      | $5426355.76   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Industria De Diseno Textil SA                | Industria De Diseno Textil SA EUR0.03 (POST SUBD)                     | CUSIP: E6282J125<br>LEI: 549300TTCXZOGZM2EY83 | Long             | EC               | CORP              | ES        |     78699 | NS      | $5191348.39   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Aon PLC                                      | Aon PLC SHS CL A                                                      | CUSIP: G0403H108<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |     26299 | NS      | $9280391.07   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Diploma PLC                                  | Diploma PLC ORD GBP0.05                                               | CUSIP: G27664112<br>LEI: 2138008OGI7VYG8FGR19 | Long             | EC               | CORP              | GB        |     70914 | NS      | $5040615.33   | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Haleon PLC                                   | Haleon PLC ORD GBP0.01                                                | CUSIP: G4232K100<br>LEI: 549300PSB3WWEODCUP19 | Long             | EC               | CORP              | GB        |    842406 | NS      | $4255847.46   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| InterContinental Hotels Group PLC            | InterContinental Hotels Group PLC ORD GBP0.208521303                  | CUSIP: G4804L163<br>LEI: 2138007ZFQYRUSLU3J98 | Long             | EC               | CORP              | GB        |     94505 | NS      | $13274279.05  | 1.91%             |  |  |  | No            |                  2 | On Loan: No      |
| VAT Group AG                                 | VAT Group AG CHF0.10 (REGD)                                           | CUSIP: H90508104<br>LEI: 529900MVFK7NVALR7Y83 | Long             | EC               | CORP              | CH        |     19825 | NS      | $9517981.47   | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Lasertec Corp.                               | Lasertec Corp. NPV                                                    | CUSIP: J38702106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     17800 | NS      | $3391658.70   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Penta-Ocean Construction Co Ltd.             | Penta-Ocean Construction Co Ltd. NPV                                  | CUSIP: J63653109<br>LEI: 529900QN42Q9UIW3AS17 | Long             | EC               | CORP              | JP        |    151700 | NS      | $1530013.78   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd.                        | Tencent Holdings Ltd. HKD0.00002                                      | CUSIP: G87572163<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |    161300 | NS      | $12378733.15  | 1.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Check Point Software Technologies Ltd.       | Check Point Software Technologies Ltd. ORD ILS0.01                    | CUSIP: M22465104<br>LEI: 2549003ZVBH73EPNS513 | Long             | EC               | CORP              | IL        |     38117 | NS      | $7072990.61   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Argenx SE                                    | Argenx SE EUR0.10                                                     | CUSIP: N0610Q109<br>LEI: 7245009C5FZE6G9ODQ71 | Long             | EC               | CORP              | NL        |     12066 | NS      | $10178187.84  | 1.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Totvs SA                                     | Totvs SA COM NPV                                                      | CUSIP: P92184103<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    850900 | NS      | $6534216.26   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexagon AB                                   | Hexagon AB SER'B'NPV                                                  | CUSIP: W4R431112<br>LEI: 549300WJFW6ILNI4TA80 | Long             | EC               | CORP              | SE        |    599751 | NS      | $7064289.79   | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Lotes Co Ltd.                                | Lotes Co Ltd. TWD10                                                   | CUSIP: Y53302116<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    104000 | NS      | $4288090.10   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Halma PLC                                    | Halma PLC ORD GBP0.10                                                 | CUSIP: G42504103<br>LEI: 2138007FRGLUR9KGBT40 | Long             | EC               | CORP              | GB        |    143725 | NS      | $6818007.46   | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Sse PLC                                      | Sse PLC GBP0.50                                                       | CUSIP: G8842P102<br>LEI: 549300KI75VYLLMSK856 | Long             | EC               | CORP              | GB        |    147407 | NS      | $4319666.91   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                              | AstraZeneca PLC ORD USD0.25                                           | CUSIP: G0593M107<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     76697 | NS      | $14191386.37  | 2.05%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd.                               | HDFC Bank Ltd. SPON ADS EACH REP 3 ORD SHS                            | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |    269066 | NS      | $9831671.41   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolters Kluwer NV                            | Wolters Kluwer NV EUR0.12                                             | CUSIP: N9643A197<br>LEI: 724500TEM53I0U077B74 | Long             | EC               | CORP              | NL        |     37857 | NS      | $3921091.38   | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS Group Holdings Ltd.                      | DBS Group Holdings Ltd. NPV                                           | CUSIP: Y20246107<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |    178710 | NS      | $7828329.95   | 1.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Computershare Ltd.                           | Computershare Ltd. NPV                                                | CUSIP: Q2721E105<br>LEI: 21380085HOKTMGLV9G93 | Long             | EC               | CORP              | AU        |    275830 | NS      | $6251311.54   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Singapore Exchange Ltd.                      | Singapore Exchange Ltd. NPV                                           | CUSIP: Y79946102<br>LEI: 549300IQ650PPXM76X03 | Long             | EC               | CORP              | SG        |    170100 | NS      | $2239185.41   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Kinden Corp                                  | Kinden Corp NPV                                                       | CUSIP: J33093105<br>LEI: 35380008T6JUN5TU9T34 | Long             | EC               | CORP              | JP        |     75900 | NS      | $3292339.74   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanrio Co., Ltd                              | Sanrio Co., Ltd NPV                                                   | CUSIP: J68209105<br>LEI: 3538002Q5JQLOMSPH125 | Long             | EC               | CORP              | JP        |     37800 | NS      | $1182770.70   | 0.17%             |  |  |  | No            |                  2 | On Loan: —       |
| Ryanair Holdings PLC                         | Ryanair Holdings PLC ADS EACH REPR 5 ORD EUR0.01                      | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |    101740 | NS      | $7344610.69   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd. | Taiwan Semiconductor Manufacturing Co., Ltd. SPON ADS REP 5 ORD TWD10 | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     61203 | NS      | $18598979.38  | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Safran SA                                    | Safran SA EUR0.20                                                     | CUSIP: F4035A557<br>LEI: 969500UIC89GT3UL7L24 | Long             | EC               | CORP              | FR        |     43312 | NS      | $15086291.10  | 2.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Partners Group Holding AG                    | Partners Group Holding AG CHF0.01 (REGD)                              | CUSIP: H6120A101<br>LEI: 549300I3IVVWZWDHI788 | Long             | EC               | CORP              | CH        |      7270 | NS      | $8920156.37   | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Experian PLC                                 | Experian PLC ORD USD0.10                                              | CUSIP: G32655105<br>LEI: 635400RXXHHYT1JTSZ26 | Long             | EC               | CORP              | JE        |    155515 | NS      | $7009529.19   | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Prysmian S.p.A.                              | Prysmian S.p.A. NPV                                                   | CUSIP: T7630L105<br>LEI: 529900X0H1IO3RS1A464 | Long             | EC               | CORP              | IT        |     50844 | NS      | $5072056.98   | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Relx PLC                                     | Relx PLC ORD GBP0.1444                                                | CUSIP: G7493L105<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |    147102 | NS      | $5924287.58   | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Rolls-Royce Holdings PLC                     | Rolls-Royce Holdings PLC ORD GBP0.20                                  | CUSIP: G76225104<br>LEI: 213800EC7997ZBLZJH69 | Long             | EC               | CORP              | GB        |    665291 | NS      | $10284688.51  | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Novonesis (Novozymes) B                      | Novonesis (Novozymes) B SER'B'DKK2                                    | CUSIP: K7317J133<br>LEI: 529900T6WNZXD2R3JW38 | Long             | EC               | CORP              | DK        |     96744 | NS      | $6189732.36   | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Dollarama Inc                                | Dollarama Inc COM NPV                                                 | CUSIP: 25675T107<br>LEI: 5493002GJ0NJP1HI0C79 | Long             | EC               | CORP              | CA        |     36535 | NS      | $5460485.68   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Coloplast AS                                 | Coloplast AS SER'B'DKK1                                               | CUSIP: K16018192<br>LEI: 529900NN7SOJ5QG82X67 | Long             | EC               | CORP              | DK        |     45431 | NS      | $3895038.57   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Novo Nordisk A/S                             | Novo Nordisk A/S SER'B'DKK0.1                                         | CUSIP: K72807140<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |    312276 | NS      | $15838163.32  | 2.28%             |  |  |  | No            |                  2 | On Loan: No      |
| SPIE SA                                      | SPIE SA EUR0.47                                                       | CUSIP: F8691R101<br>LEI: 969500TJNS5GSFWJ8X85 | Long             | EC               | CORP              | FR        |     47733 | NS      | $2751872.08   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Compass Group PLC                            | Compass Group PLC ORD GBP0.1105                                       | CUSIP: G23296208<br>LEI: 2138008M6MH9OZ6U2T68 | Long             | EC               | CORP              | GB        |    216000 | NS      | $6841051.12   | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Relx PLC                                     | Relx PLC ORD GBP0.1444                                                | CUSIP: G7493L105<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |    203698 | NS      | $8296722.36   | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Unilever PLC                                 | Unilever PLC ORD GBP0.035                                             | CUSIP: G92087348<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    123412 | NS      | $8074796.46   | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| The Sage Group PLC                           | The Sage Group PLC GBP0.01051948                                      | CUSIP: G7771K142<br>LEI: 2138005RN5XYLTF8G138 | Long             | EC               | CORP              | GB        |     83614 | NS      | $1215556.86   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Cosmos Pharmaceutical Corp.                  | Cosmos Pharmaceutical Corp. NPV                                       | CUSIP: J08959108<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     39200 | NS      | $1984966.14   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Azbil Corp.                                  | Azbil Corp. NPV                                                       | CUSIP: J0370G106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    381700 | NS      | $3471260.58   | 0.50%             |  |  |  | No            |                  2 | On Loan: —       |
| Recruit Holdings Co Ltd.                     | Recruit Holdings Co Ltd. NPV                                          | CUSIP: J6433A101<br>LEI: 353800R2LRSMVVC4I806 | Long             | EC               | CORP              | JP        |    215300 | NS      | $12098046.73  | 1.74%             |  |  |  | No            |                  2 | On Loan: No      |
| DSV AS                                       | DSV AS DKK1                                                           | CUSIP: K31864117<br>LEI: 529900X41C0BSLK67H70 | Long             | EC               | CORP              | DK        |     26466 | NS      | $6665634.75   | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| IMCD NV                                      | IMCD NV EUR0.16                                                       | CUSIP: N4447S106<br>LEI: 724500NSJPNFJPDAUP02 | Long             | EC               | CORP              | NL        |     35347 | NS      | $3208175.10   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Prosus NV                                    | Prosus NV EUR0.05 (N SHARES)                                          | CUSIP: N7163R103<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | EC               | CORP              | NL        |     82476 | NS      | $5106823.63   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding N.V.                            | ASML Holding N.V. EUR0.09                                             | CUSIP: N07059202<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     21226 | NS      | $22871416.38  | 3.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Ferrovial SE                                 | Ferrovial SE EUR0.01                                                  | CUSIP: N3168P101<br>LEI: 72450022R2ZFL41Y6I04 | Long             | EC               | CORP              | NL        |     75727 | NS      | $4906399.25   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Assa Abloy AB                                | Assa Abloy AB SER'B'NPV                                               | CUSIP: W0817X204<br>LEI: 549300YECS8HKCIMMB67 | Long             | EC               | CORP              | SE        |    256273 | NS      | $9900045.18   | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Clicks Group Ltd.                            | Clicks Group Ltd. ZAR0.01                                             | CUSIP: S17249111<br>LEI: 378900E967958A677472 | Long             | EC               | CORP              | ZA        |    355534 | NS      | $7244526.29   | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE          | LVMH Moet Hennessy Louis Vuitton SE EUR0.30                           | CUSIP: F58485115<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |     11981 | NS      | $9030497.56   | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Nintendo Co Ltd.                             | Nintendo Co Ltd. NPV                                                  | CUSIP: J51699106<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               | CORP              | JP        |     79600 | NS      | $5374159.39   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Sony Group Corp.                             | Sony Group Corp. NPV                                                  | CUSIP: J76379106<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |    421700 | NS      | $10817021.37  | 1.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Electric Industries Ltd.            | Sumitomo Electric Industries Ltd. NPV                                 | CUSIP: J77411114<br>LEI: 5493005SP87FL5TOS202 | Long             | EC               | CORP              | JP        |     81200 | NS      | $3270515.58   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Suzuki Motor Corp.                           | Suzuki Motor Corp. NPV                                                | CUSIP: J78529138<br>LEI: 353800D83H0V3ZV1SV24 | Long             | EC               | CORP              | JP        |    307500 | NS      | $4598806.65   | 0.66%             |  |  |  | No            |                  2 | On Loan: —       |
| Lonza Group AG                               | Lonza Group AG CHF1 (REGD)                                            | CUSIP: H50524133<br>LEI: 549300EFW4H2TCZ71055 | Long             | EC               | CORP              | CH        |      7036 | NS      | $4743811.32   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Bilfinger SE                                 | Bilfinger SE NPV                                                      | CUSIP: D11648108<br>LEI: 529900H0HULEN2BZ4604 | Long             | EC               | CORP              | DE        |     21018 | NS      | $2629764.53   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Toei Animation Co Ltd.                       | Toei Animation Co Ltd. NPV                                            | CUSIP: J84453109<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    199400 | NS      | $3453888.51   | 0.50%             |  |  |  | No            |                  2 | On Loan: —       |
| M3, Inc.                                     | M3, Inc. NPV                                                          | CUSIP: J4697J108<br>LEI: 3538001UOKRWIODYM055 | Long             | EC               | CORP              | JP        |    439600 | NS      | $5913861.52   | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Rakuten Bank Ltd.                            | Rakuten Bank Ltd. NPV                                                 | CUSIP: J6S87A100<br>LEI: 3538007HFAF2NOCBUE44 | Long             | EC               | CORP              | JP        |     46500 | NS      | $2052923.92   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Universal Music Group N.V                    | Universal Music Group N.V EUR10.00                                    | CUSIP: N90313102<br>LEI: 724500GJBUL3D9TW9Y18 | Long             | EC               | CORP              | NL        |    217245 | NS      | $5663534.76   | 0.82%             |  |  |  | No            |                  2 | On Loan: —       |

### Signature

**Date Signed:** 2026-02-12

**Name of Applicant:** EMPOWER FUNDS, INC.

**Signature:** /s/Kelly New

**Name of Signer:** Kelly New

**Title:** Treasurer, Empower Funds, Inc.