# EDGAR Filing Document

**Accession Number:** 0001592900
**File Stem:** 0001592900-26-001049
**Filing Date:** 2026-2
**Character Count:** 32762
**Document Hash:** 7babef21ea02ab00c6a905683a2315f5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001592900-26-001049.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001592900-26-001049

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260930

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22961
- **FILM NUMBER:** 26696707

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

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

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

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

## Series and Classes Contracts Data

### Alpha Architect International Quantitative Momentum ETF (Series ID: S000046019)

| Class ID   | Class Name                                              | Ticker Symbol   |
|:---|:---|:---|
| C000143789 | Alpha Architect International Quantitative Momentum ETF | IMOM            |

## Nport-Ex

---

| |
|:---|
| **ALPHA ARCHITECT INTERNATIONAL QUANTITATIVE MOMENTUM ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **December 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| **COMMON STOCKS - 97.7%**  | | |
| **Australia - 10.0%**  | |  |
| Evolution Mining Ltd.  | 288362 | $2440125 |
| Genesis Minerals Ltd. <sup>(a)</sup> | 512497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2479615 |
| Lynas Rare Earths Ltd. <sup>(a)</sup> | 239948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1992014 |
| Regis Resources Ltd.  | 485838 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2447898 |
| West African Resources Ltd. <sup>(a)</sup> | 1203851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2410176 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11769828 |
| **Belgium - 2.0%**  |  |  |
| KBC Group NV  | 17751 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2320781 |
| **Finland - 2.1%**  |  |  |
| Nokia Oyj  | 376832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2467574 |
| **France - 2.2%**  |  |  |
| Societe Generale SA  | 31799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2568076 |
| **Germany - 14.1%**  |  |  |
| Commerzbank AG  | 55369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2349012 |
| Deutsche Bank AG  | 61207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2381615 |
| Heidelberg Materials AG  | 9107 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2386665 |
| HOCHTIEF AG  | 6276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2485559 |
| Rheinmetall AG  | 1303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2390334 |
| Siemens Energy AG <sup>(a)</sup> | 16507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2335640 |
| thyssenkrupp AG  | 213018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2321639 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16650464 |
| **Israel - 8.1%**  |  |  |
| Bank Hapoalim BM  | 101097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2287305 |
| Bank Leumi Le-Israel BM  | 103272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2276521 |
| Elbit Systems Ltd.  | 4784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2758137 |
| Phoenix Financial Ltd.  | 53973 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2233798 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9555761 |
| **Italy - 6.2%**  |  |  |
| BPER Banca SpA  | 182206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2483887 |
| Leonardo SpA  | 41455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2394970 |
| Poste Italiane SpA <sup>(b)</sup> | 97020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2449102 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7327959 |
| **Japan - 28.6%** <sup>(c)</sup> |  |  |
| Aeon Co. Ltd.  | 129500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2047826 |
| Anycolor, Inc.  | 57753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1788190 |

---

------

---

| |
|:---|
| **ALPHA ARCHITECT INTERNATIONAL QUANTITATIVE MOMENTUM ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **December 31, 2025 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| Ebara Corp.  | 92400 | $2173146 |
| Food & Life Cos. Ltd.  | 48132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2431490 |
| IHI Corp.  | 131557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2313418 |
| Kajima Corp.  | 62744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2337278 |
| Kandenko Co. Ltd.  | 74829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2401942 |
| Marubeni Corp.  | 88500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2459401 |
| Mitsui Kinzoku Co. Ltd.  | 21630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2435170 |
| NEC Corp.  | 62989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2135288 |
| Ryohin Keikaku Co. Ltd.  | 114346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2030839 |
| Shimizu Corp.  | 129680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2209213 |
| Sumitomo Pharma Co. Ltd. <sup>(a)</sup> | 139695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2067243 |
| Taisei Corp.  | 25753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2439005 |
| Toyota Tsusho Corp.  | 72100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2427575 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33697024 |
| **Luxembourg - 2.0%**  |  |  |
| Millicom International Cellular SA  | 43650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2419956 |
| **Netherlands - 4.0%**  |  |  |
| ING Groep NV  | 84089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2372699 |
| Prosus NV  | 36948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2294812 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4667511 |
| **Portugal - 2.1%**  |  |  |
| Banco Comercial Portugues SA  | 2322254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2445828 |
| **Spain - 10.1%**  |  |  |
| Acciona SA  | 11149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2435715 |
| Bankinter SA  | 142405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2368898 |
| CaixaBank SA  | 194638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2389172 |
| Indra Sistemas SA  | 42413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2419413 |
| Mapfre SA  | 469995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2365109 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11978307 |
| **Sweden - 2.1%**  |  |  |
| Sandvik AB  | 76193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2487766 |
| **Switzerland - 4.1%**  |  |  |
| Galderma Group AG  | 11748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2404180 |
| Holcim AG  | 24732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2427926 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4832106 |
| **TOTAL COMMON STOCKS** (Cost $94,161,705) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 115188941 |

---

------

---

| |
|:---|
| **ALPHA ARCHITECT INTERNATIONAL QUANTITATIVE MOMENTUM ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **December 31, 2025 (Unaudited)** |

---

---

| | | | |
|:---|:---|:---|:---|
| | **Shares** |  | **Value**  |
| **PREFERRED STOCKS - 2.0%**  | | | |
| **Germany - 2.0%**  | | |  |
| Jungheinrich AG, 0.00%  | 58429 |  | $2432139 |
| **TOTAL PREFERRED STOCKS** (Cost $2,344,615) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2432139 |
| **SHORT-TERM INVESTMENTS** |  |  |  |
| **MONEY MARKET FUNDS - 0.2%**  |  |  |  |
| First American Government Obligations Fund - Class X, 3.67% <sup>(d)</sup> | 236192 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 236192 |
| **TOTAL MONEY MARKET FUNDS** (Cost $236,192) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 236192 |
| **TOTAL INVESTMENTS - 99.9% (**Cost $96,742,512**)** |  |  | $117857272 |
| Other Assets in Excess of Liabilities - 0.1%  |  | 0.00069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80800 |
| **TOTAL NET ASSETS - 100.0%** |  |  | $117938072 |

---

Percentages are stated as a percent of net assets.

(a) Non-income producing security.

(b) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional investors. As of December 31, 2025, the value of these securities total $2,449,102 or 2.1% of the Fund's net assets.

(c) To the extent that the Fund invests a significant portion of its assets in the securities of companies of a single country or region, it is more likely to be impacted by events or conditions affecting such country or region.

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

------

**ALPHA ARCHITECT ETFs**

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

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

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

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

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

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **DESCRIPTION** | **LEVEL 1** | **LEVEL 2** | **LEVEL 3** | **TOTAL** |
| **<u>Investments:</u>** |  |  |  |  |
| &nbsp;&nbsp;Common Stocks | $115188941 | $— | $— | $115188941 |
| &nbsp;&nbsp;Preferred Stocks | 2432139 |  |  | 2432139 |
| &nbsp;&nbsp;Money Market Funds | 236192 |  |  | 236192 |
| **Total Investments** | $117857272 | $— | $— | $117857272 |

---

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

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

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Newtown Square

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19073

  - **Telephone number:** 2158829983

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

- **a. Name of Series:** Alpha Architect International Quantitative Momentum ETF

- **b. EDGAR series identifier (if any):** S000046019

- **c. LEI of Series:** 549300GKFLYZ2TSALT56

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $117981187.28

**Total Liabilities:** $43110.83

**Net Assets:** $117938076.45

**Cash Not Reported:** $67.88

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000143789 | -0.83%               | 3.88%                | 3.03%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-16937108.85            | $-1741377.45                               |
| Month 2  | $413881.94               | $3827412.28                                |
| Month 3  | $891208.51               | $2666549.46                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| thyssenkrupp AG                            | thyssenkrupp AG                            | CUSIP: N/A<br>LEI: 549300UDG16DOYUPR330       | Long             | EC               | CORP              | DE        |    213018 | NS      | $2321638.85   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| NEC Corp                                   | NEC Corp                                   | CUSIP: N/A<br>LEI: 5493000QYMPFRTEY4K28       | Long             | EC               | CORP              | JP        |     62989 | NS      | $2135288.50   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Pharma Co Ltd                     | Sumitomo Pharma Co Ltd                     | CUSIP: N/A<br>LEI: 529900D60UKVYLJ2OJ79       | Long             | EC               | CORP              | JP        |    139695 | NS      | $2067243.42   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Kajima Corp                                | Kajima Corp                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     62744 | NS      | $2337278.09   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Shimizu Corp                               | Shimizu Corp                               | CUSIP: N/A<br>LEI: 353800BRAE0QFP3ZLY22       | Long             | EC               | CORP              | JP        |    129680 | NS      | $2209212.72   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Taisei Corp                                | Taisei Corp                                | CUSIP: N/A<br>LEI: 529900TF7XJKIOWMLQ79       | Long             | EC               | CORP              | JP        |     25753 | NS      | $2439005.08   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyota Tsusho Corp                         | Toyota Tsusho Corp                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     72100 | NS      | $2427575.33   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mapfre SA                                  | Mapfre SA                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ES        |    469995 | NS      | $2365109.05   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bankinter SA                               | Bankinter SA                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ES        |    142405 | NS      | $2368898.10   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA                        | Societe Generale SA                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | FR        |     31799 | NS      | $2568076.06   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Rheinmetall AG                             | Rheinmetall AG                             | CUSIP: N/A<br>LEI: 5299001OU9CSE29O6S05       | Long             | EC               | CORP              | DE        |      1303 | NS      | $2390333.99   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HOCHTIEF AG                                | HOCHTIEF AG                                | CUSIP: N/A<br>LEI: 529900Y25S8NZIYTT924       | Long             | EC               | CORP              | DE        |      6276 | NS      | $2485559.16   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Heidelberg Materials AG                    | Heidelberg Materials AG                    | CUSIP: N/A<br>LEI: LZ2C6E0W5W7LQMX5ZI37       | Long             | EC               | CORP              | DE        |      9107 | NS      | $2386665.02   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Bank AG                           | Deutsche Bank AG                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | DE        |     61207 | NS      | $2381614.92   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerzbank AG                             | Commerzbank AG                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | DE        |     55369 | NS      | $2349011.54   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Nokia Oyj                                  | Nokia Oyj                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | FI        |    376832 | NS      | $2467573.81   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Marubeni Corp                              | Marubeni Corp                              | CUSIP: N/A<br>LEI: 4P4N3ORD02UGQT1T1W12       | Long             | EC               | CORP              | JP        |     88500 | NS      | $2459400.54   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Food & Life Cos Ltd                        | Food & Life Cos Ltd                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     48132 | NS      | $2431489.50   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Hapoalim BM                           | Bank Hapoalim BM                           | CUSIP: N/A<br>LEI: B6ARUI4946ST4S7WOU88       | Long             | EC               | CORP              | IL        |    101097 | NS      | $2287305.54   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryohin Keikaku Co Ltd                      | Ryohin Keikaku Co Ltd                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    114346 | NS      | $2030838.69   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Phoenix Financial Ltd                      | Phoenix Financial Ltd                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |     53973 | NS      | $2233797.99   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Genesis Minerals Ltd                       | Genesis Minerals Ltd                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    512497 | NS      | $2479614.57   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolution Mining Ltd                       | Evolution Mining Ltd                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    288362 | NS      | $2440125.30   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| West African Resources Ltd                 | West African Resources Ltd                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   1203851 | NS      | $2410176.45   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CaixaBank SA                               | CaixaBank SA                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ES        |    194638 | NS      | $2389171.61   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Poste Italiane SpA                         | Poste Italiane SpA                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IT        |     97020 | NS      | $2449101.68   | 2.08%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Elbit Systems Ltd                          | Elbit Systems Ltd                          | CUSIP: N/A<br>LEI: 529900Q9CB1REUMZSS32       | Long             | EC               | CORP              | IL        |      4784 | NS      | $2758136.63   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosus NV                                  | Prosus NV                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | NL        |     36948 | NS      | $2294812.44   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Anycolor Inc                               | Anycolor Inc                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     57753 | NS      | $1788189.80   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Energy AG                          | Siemens Energy AG                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | DE        |     16507 | NS      | $2335640.01   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Galderma Group AG                          | Galderma Group AG                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CH        |     11748 | NS      | $2404179.78   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Millicom International Cellular SA         | Millicom International Cellular SA         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | LU        |     43650 | NS      | $2419956.00   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Jungheinrich AG                            | Jungheinrich AG                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | DE        |     58429 | NS      | $2432138.37   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obligations Fund | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    236192 | PA      | $236192.47    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| BPER Banca SPA                             | BPER Banca SPA                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IT        |    182206 | NS      | $2483887.56   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Leumi Le-Israel BM                    | Bank Leumi Le-Israel BM                    | CUSIP: N/A<br>LEI: 7JDSZWRGUQY2DSTWCR57       | Long             | EC               | CORP              | IL        |    103272 | NS      | $2276520.83   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Comercial Portugues SA               | Banco Comercial Portugues SA               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | PT        |   2322254 | NS      | $2445828.09   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Kandenko Co Ltd                            | Kandenko Co Ltd                            | CUSIP: N/A<br>LEI: 35380080NSN7GCYZ3X14       | Long             | EC               | CORP              | JP        |     74829 | NS      | $2401942.11   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui Kinzoku Co Ltd                      | Mitsui Kinzoku Co Ltd                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     21630 | NS      | $2435170.14   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Ebara Corp                                 | Ebara Corp                                 | CUSIP: N/A<br>LEI: 353800UV8U3SOMCDTI49       | Long             | EC               | CORP              | JP        |     92400 | NS      | $2173146.07   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Regis Resources Ltd                        | Regis Resources Ltd                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    485838 | NS      | $2447897.78   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| IHI Corp                                   | IHI Corp                                   | CUSIP: N/A<br>LEI: 549300ETQIESIUQ2OE26       | Long             | EC               | CORP              | JP        |    131557 | NS      | $2313417.75   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Acciona SA                                 | Acciona SA                                 | CUSIP: N/A<br>LEI: 54930002KP75TLLLNO21       | Long             | EC               | CORP              | ES        |     11149 | NS      | $2435715.58   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| KBC Group NV                               | KBC Group NV                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BE        |     17751 | NS      | $2320780.74   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Aeon Co Ltd                                | Aeon Co Ltd                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    129500 | NS      | $2047826.23   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Indra Sistemas SA                          | Indra Sistemas SA                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ES        |     42413 | NS      | $2419413.13   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandvik AB                                 | Sandvik AB                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SE        |     76193 | NS      | $2487765.80   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Lynas Rare Earths Ltd                      | Lynas Rare Earths Ltd                      | CUSIP: N/A<br>LEI: 529900SGT9M1FJPXXI35       | Long             | EC               | CORP              | AU        |    239948 | NS      | $1992013.88   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| LEONARDO-FINMECCANICA SPA                  | LEONARDO-FINMECCANICA SPA                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IT        |     41455 | NS      | $2394969.91   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ING Groep NV                               | ING Groep NV                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | NL        |     84089 | NS      | $2372698.83   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Holcim AG                                  | Holcim AG                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CH        |     24732 | NS      | $2427926.17   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** EA Series Trust

**Signature:** /s/ Sean Hegarty

**Name of Signer:** Sean Hegarty

**Title:** Treasurer