# EDGAR Filing Document

**Accession Number:** 0001944285
**File Stem:** 0000894189-26-001080
**Filing Date:** 2026-1
**Character Count:** 27419
**Document Hash:** 68fb114c09f9c778188cfd33acb87c03
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-001080.hdr.sgml**: 20260121

**ACCESSION NUMBER**: 0000894189-26-001080

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260121

**DATE AS OF CHANGE**: 20260121

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tema ETF Trust
- **CENTRAL INDEX KEY:** 0001944285

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23823
- **FILM NUMBER:** 26548820

**BUSINESS ADDRESS:**
- **STREET 1:** 1919 M STREET, N.W., SUITE 700
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036
- **BUSINESS PHONE:** 3024994928 EXT. 801

**MAIL ADDRESS:**
- **STREET 1:** 1919 M STREET, N.W., SUITE 700
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036

## Series and Classes Contracts Data

### Tema International Durable Quality ETF (Series ID: S000093387)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000261604 | Tema International Durable Quality ETF | ITOL            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Tema International Durable Quality ETF** | **Tema International Durable Quality ETF** | **Tema International Durable Quality ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** |
| **COMMON STOCKS - 99.7%** | **Shares** | **Value**  |
| **Aerospace & Defense - 6.6%** | **Aerospace & Defense - 6.6%** | |
| Airbus SE | 448 | $106281 |
| Safran SA | 490 | 165056 |
|  |  | 271337 |
| **Banks - 6.7%** | **Banks - 6.7%** |  |
| CaixaBank SA | 9824 | 109615 |
| NatWest Group PLC | 8480 | 70964 |
| UniCredit SpA | 1280 | 95190 |
|  |  | 275769 |
| **Broadline Retail - 4.2%** | **Broadline Retail - 4.2%** |  |
| MercadoLibre, Inc. <sup>(a)</sup> | 48 | 99446 |
| Sea Ltd. – ADR – Class A <sup>(a)</sup> | 512 | 71173 |
|  |  | 170619 |
| **Capital Markets - 12.7%** | **Capital Markets - 12.7%** |  |
| Deutsche Boerse AG | 361 | 96553 |
| Euronext NV <sup>(b)</sup> | 656 | 100705 |
| London Stock Exchange Group PLC | 1168 | 137725 |
| S&P Global, Inc. | 176 | 87794 |
| UBS Group AG | 2480 | 95791 |
|  |  | 518568 |
| **Chemicals - 1.8%** | **Chemicals - 1.8%** |  |
| Air Liquide SA | 384 | 73573 |
| **Construction & Engineering - 5.2%** | **Construction & Engineering - 5.2%** |  |
| Ferrovial SE | 1973 | 129258 |
| Vinci SA | 576 | 81707 |
|  |  | 210965 |
| **Construction Materials - 6.1%** | **Construction Materials - 6.1%** |  |
| Buzzi SpA | 1930 | 118916 |
| Titan SA | 2482 | 130895 |
|  |  | 249811 |
| **Consumer Staples Distribution & Retail - 2.2%** | **Consumer Staples Distribution & Retail - 2.2%** |  |
| Performance Food Group Co. <sup>(a)</sup> | 944 | 91634 |
| **Electrical Equipment - 2.9%** | **Electrical Equipment - 2.9%** |  |
| Schneider Electric SE | 448 | 120082 |
| **Electronic Equipment, Instruments & Components - 0.8%** | **Electronic Equipment, Instruments & Components - 0.8%** |  |
| Keyence Corp. | 100 | 34019 |
| **Entertainment - 0.8%** | **Entertainment - 0.8%** |  |
| Nintendo Co. Ltd. | 400 | 34007 |
| **Financial Services - 1.2%** | **Financial Services - 1.2%** |  |
| Wise PLC - Class A <sup>(a)</sup> | 4078 | 47665 |
| **Food Products - 2.3%** | **Food Products - 2.3%** |  |
| Kotobuki Spirits Co. Ltd. | 8000 | 94312 |
| **Health Care Equipment & Supplies - 0.9%** | **Health Care Equipment & Supplies - 0.9%** |  |
| Straumann Holding AG | 336 | 38323 |
| **Hotels, Restaurants & Leisure - 3.2%** | **Hotels, Restaurants & Leisure - 3.2%** |  |
| Amadeus IT Group SA | 1783 | 131044 |
| **Industrial Conglomerates - 2.5%** | **Industrial Conglomerates - 2.5%** |  |
| Hitachi Ltd. | 3200 | 101774 |
| **Insurance - 2.9%** | **Insurance - 2.9%** |  |
| Aon PLC - Class A | 337 | 119271 |
| **Life Sciences Tools & Services - 2.2%** | **Life Sciences Tools & Services - 2.2%** |  |
| ICON PLC <sup>(a)</sup> | 493 | 91205 |
| **Metals & Mining - 2.5%** | **Metals & Mining - 2.5%** |  |
| Wheaton Precious Metals Corp. | 944 | 103887 |
| **Passenger Airlines - 2.3%** | **Passenger Airlines - 2.3%** |  |
| Ryanair Holdings PLC | 2816 | 92210 |
| **Personal Care Products - 1.9%** | **Personal Care Products - 1.9%** |  |
| L'Oreal S.A. | 183 | 79756 |
| **Pharmaceuticals - 6.5%** | **Pharmaceuticals - 6.5%** |  |
| AstraZeneca PLC | 608 | 112464 |
| Novartis AG | 768 | 99914 |
| Teva Pharmaceutical Industries Ltd. - ADR <sup>(a)</sup> | 2032 | 54640 |
|  |  | 267018 |
| **Semiconductors & Semiconductor Equipment - 13.2%** | **Semiconductors & Semiconductor Equipment - 13.2%** |  |
| Advantest Corp. | 1400 | 184405 |
| Disco Corp. | 400 | 111981 |
| NXP Semiconductors NV | 551 | 107412 |
| Taiwan Semiconductor Manufacturing Co Ltd. - ADR | 464 | 135261 |
|  |  | 539059 |
| **Software - 2.9%** | **Software - 2.9%** |  |
| Intuit, Inc. | 186 | 117939 |
| **Textiles, Apparel & Luxury Goods - 2.9%** | **Textiles, Apparel & Luxury Goods - 2.9%** |  |
| Hermes International | 48 | 116963 |
| **Transportation Infrastructure - 2.3%** | **Transportation Infrastructure - 2.3%** |  |
| Aena SME SA <sup>(b)</sup> | 3488 | 94950 |
| **TOTAL COMMON STOCKS** (Cost $3,987,900) | **TOTAL COMMON STOCKS** (Cost $3,987,900) | 4085760 |
| **SHORT-TERM INVESTMENTS**<br> ****  | **SHORT-TERM INVESTMENTS**<br> ****  | **SHORT-TERM INVESTMENTS**<br> ****  |
| **MONEY MARKET FUNDS - 0.3%** | **Shares** | **Value**  |
| First American Treasury Obligations Fund - Class X, 3.91% <sup>(c)</sup> | 10489 | 10489 |
| **TOTAL MONEY MARKET FUNDS** (Cost $10,489) | **TOTAL MONEY MARKET FUNDS** (Cost $10,489) | 10489 |
| **TOTAL INVESTMENTS - 100.0% (**Cost $3,998,389**)** | **TOTAL INVESTMENTS - 100.0% (**Cost $3,998,389**)** | 4096249 |
| Other Assets in Excess of Liabilities - 0.0% <sup>(d)</sup> | Other Assets in Excess of Liabilities - 0.0% <sup>(d)</sup> | 989 |
| **TOTAL NET ASSETS - 100.0%** |  | $4097238 |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. |

---

ADR - American Depositary Receipt <br> PLC - Public Limited Company

(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 November 30, 2025, the value of these securities total $195,655 or 4.8% of the Fund's net assets.

(c) The rate shown represents the 7-day annualized yield as of November 30, 2025.

(d) Represents less than 0.05% of net assets.

------

#### Tema ETF Trust

#### Tema International Durable Quality ETF
Notes to Quarterly Schedule of Investments

November 30, 2025 (Unaudited)

#### Investment Valuation
The Fund discloses the fair value of their investments in a hierarchy that distinguishes between: (1) market participant assumptions developed based on market data obtained from sources independent of the Fund's (observable inputs) and (2) the Fund's own assumptions about market participant assumptions developed based on the best information available under the circumstances (unobservable inputs).

The three levels defined by the hierarchy are as follows:

**• Level 1** — Quoted prices in active markets for identical assets that the Fund's have the ability to access.

**• Level 2** — Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

**• Level 3** — Significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used to value the Fund's investments as of November 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets** | | | | |
| **Investments:** | | | | |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $4085760 | $– | $– | $4085760 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 10489 | – | – | 10489 |
| **Total Investments** | $4096249 | $– | $– | $4096249 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

---

| |
|:---|
| **Allocation of Portfolio Holdings by Country as of November 30, 2025** |
| (% of Net Assets) |

---

---

| | | |
|:---|:---|:---|
| France | $743418 | 18.1% |
| Japan | 560498 | 13.7 |
| United Kingdom | 488089 | 12.0 |
| Netherlands | 337375 | 8.3 |
| Spain | 335609 | 8.2 |
| United States | 307856 | 7.5 |
| Switzerland | 234028 | 5.6 |
| Italy | 214106 | 5.2 |
| Ireland | 183415 | 4.5 |
| Taiwan | 135261 | 3.3 |
| Belgium | 130895 | 3.2 |
| Canada | 103887 | 2.5 |
| Uruguay | 99446 | 2.4 |
| Germany | 96553 | 2.4 |
| Singapore | 71173 | 1.8 |
| Israel | 54640 | 1.3 |
| Other Assets in Excess of Liabilities | 989 | 0.0<br> <sup>(a)</sup>  |
|  | $**4097238** | 100.0<br> **%** |

---

(a) Represents less than 0.05% of net assets.

---

| |
|:---|
| **Sector Classification as of November 30, 2025** |
| (% of Net Assets) |

---

---

| | | |
|:---|:---|:---|
| Financials | $961273 | 23.5% |
| Industrials | 891318 | 21.8 |
| Information Technology | 691017 | 16.9 |
| Materials | 427271 | 10.4 |
| Consumer Discretionary | 418626 | 10.3 |
| Health Care | 396546 | 9.6 |
| Consumer Staples | 265702 | 6.4 |
| Communication Services | 34007 | 0.8 |
| Money Market Funds | 10489 | 0.3 |
| Other Assets in Excess of Liabilities | 989 | 0.0<br> <sup>(a)</sup>  |
|  | $**4097238** | 100.0<br> **%** |

---

(a) Represents less than 0.05% of net assets.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Tema ETF Trust

- **b. Investment Company Act file number:** 811-23823

- **c. CIK number of Registrant:** 0001944285

- **d. LEI of Registrant:** 549300JKGDXNE2CLUY37

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

  - **Street Address 1:** 200 Vesey Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10281

  - **Telephone number:** 3024994928 EXT 801

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

- **a. Name of Series:** Tema International Durable Quality ETF

- **b. EDGAR series identifier (if any):** S000093387

- **c. LEI of Series:** 529900HP69ZNLQBUT834

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-11-30

**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:** $4099731.51

**Total Liabilities:** $2493.87

**Net Assets:** $4097237.64

**Cash Not Reported:** $2809.11

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000261604 | 0.58%                | 1.93%                | -0.20%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2976.68                 | $25004.67                                  |
| Month 2  | $1285.69                 | $95832.41                                  |
| Month 3  | $-26698.21               | $-22975.76                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AstraZeneca PLC                | AstraZeneca PLC                           | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |       608 | NS      | $112463.82    | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| L'Oreal SA                     | L'Oreal SA                                | CUSIP: N/A<br>LEI: 529900JI1GG6F7RKVI53       | Long             | EC               | CORP              | FR        |       183 | NS      | $79756.33     | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Hermes International SCA       | Hermes International SCA                  | CUSIP: N/A<br>LEI: 969500Y4IJGHJE2MTJ13       | Long             | EC               | CORP              | FR        |        48 | NS      | $116963.14    | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Keyence Corp                   | Keyence Corp                              | CUSIP: N/A<br>LEI: 529900M7PQBS7A89DZ11       | Long             | EC               | CORP              | JP        |       100 | NS      | $34019.40     | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Boerse AG             | Deutsche Boerse AG                        | CUSIP: N/A<br>LEI: 529900G3SW56SHYNPR95       | Long             | EC               | CORP              | DE        |       361 | NS      | $96553.18     | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryanair Holdings PLC           | Ryanair Holdings PLC                      | CUSIP: N/A<br>LEI: 635400BR2ROC1FVEBQ56       | Long             | EC               | CORP              | IE        |      2816 | NS      | $92210.02     | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Nintendo Co Ltd                | Nintendo Co Ltd                           | CUSIP: N/A<br>LEI: 353800FEEXU6I9M0ZF27       | Long             | EC               | CORP              | JP        |       400 | NS      | $34006.59     | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Advantest Corp                 | Advantest Corp                            | CUSIP: N/A<br>LEI: 353800EMK32PDKS9XR54       | Long             | EC               | CORP              | JP        |      1400 | NS      | $184405.11    | 4.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Co      | Performance Food Group Co                 | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |       944 | NS      | $91634.08     | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheaton Precious Metals Corp   | Wheaton Precious Metals Corp              | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |       944 | NS      | $103887.20    | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Straumann Holding AG           | Straumann Holding AG                      | CUSIP: N/A<br>LEI: 50670046ML5FVIM60Z37       | Long             | EC               | CORP              | CH        |       336 | NS      | $38323.50     | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV          | NXP Semiconductors NV                     | CUSIP: N/A<br>LEI: 724500M9BY5293JDF951       | Long             | EC               | CORP              | NL        |       551 | NS      | $107411.94    | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Kotobuki Spirits Co Ltd        | Kotobuki Spirits Co Ltd                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      8000 | NS      | $94311.96     | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                    | Novartis AG                               | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |       768 | NS      | $99913.63     | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Vinci SA                       | Vinci SA                                  | CUSIP: N/A<br>LEI: 213800WFQ334R8UXUG83       | Long             | EC               | CORP              | FR        |       576 | NS      | $81707.10     | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan SA                       | Titan SA                                  | CUSIP: N/A<br>LEI: 213800H2CDP9I374WH83       | Long             | EC               | CORP              | BE        |      2482 | NS      | $130895.32    | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Aena SME SA                    | Aena SME SA                               | CUSIP: N/A<br>LEI: 959800R7QMXKF0NFMT29       | Long             | EC               | CORP              | ES        |      3488 | NS      | $94949.56     | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                        | Aon PLC                                   | CUSIP: N/A<br>LEI: 635400FALWQYX5E6QC64       | Long             | EC               | CORP              | GB        |       337 | NS      | $119271.04    | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Buzzi SpA                      | Buzzi SpA                                 | CUSIP: N/A<br>LEI: 5299003DX5YLKSVJ6K59       | Long             | EC               | CORP              | IT        |      1930 | NS      | $118916.00    | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc               | MercadoLibre Inc                          | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |        48 | NS      | $99445.44     | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| London Stock Exchange Group PL | London Stock Exchange Group PLC           | CUSIP: G5689U103<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |      1168 | NS      | $137724.62    | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                        | Sea Ltd                                   | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | SG        |       512 | NS      | $71173.12     | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Teva Pharmaceutical Industries | Teva Pharmaceutical Industries Ltd        | CUSIP: 881624209<br>LEI: 549300BAFGM4RC74ZJ94 | Long             | EC               | CORP              | IL        |      2032 | NS      | $54640.48     | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Wise PLC                       | Wise PLC                                  | CUSIP: N/A<br>LEI: 213800LD9XCHIC1C4V71       | Long             | EC               | CORP              | GB        |      4078 | NS      | $47664.65     | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| UniCredit SpA                  | UniCredit SpA                             | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |      1280 | NS      | $95189.43     | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Disco Corp                     | Disco Corp                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       400 | NS      | $111981.05    | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Hitachi Ltd                    | Hitachi Ltd                               | CUSIP: N/A<br>LEI: 549300T6IPOCDWLKC615       | Long             | EC               | CORP              | JP        |      3200 | NS      | $101773.95    | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CaixaBank SA                   | CaixaBank SA                              | CUSIP: N/A<br>LEI: 7CUNS533WID6K7DGFI87       | Long             | EC               | CORP              | ES        |      9824 | NS      | $109615.33    | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Treasury Obliga | First American Treasury Obligations Fund  | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |      8922 | NS      | $8922.25      | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE          | Schneider Electric SE                     | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |       448 | NS      | $120082.15    | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| NatWest Group PLC              | NatWest Group PLC                         | CUSIP: N/A<br>LEI: 2138005O9XJIJN4JPN90       | Long             | EC               | CORP              | GB        |      8480 | NS      | $70964.13     | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Group AG                   | UBS Group AG                              | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | EC               | CORP              | CH        |      2480 | NS      | $95790.81     | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ICON PLC                       | ICON PLC                                  | CUSIP: N/A<br>LEI: 6354008SRQGEMC4XFI67       | Long             | EC               | CORP              | IE        |       493 | NS      | $91205.00     | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                     | Intuit Inc                                | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       186 | NS      | $117938.88    | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co Ltd | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |       464 | NS      | $135260.64    | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Safran SA                      | Safran SA                                 | CUSIP: N/A<br>LEI: 969500UIC89GT3UL7L24       | Long             | EC               | CORP              | FR        |       490 | NS      | $165056.10    | 4.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferrovial SE                   | Ferrovial SE                              | CUSIP: N/A<br>LEI: 72450022R2ZFL41Y6I04       | Long             | EC               | CORP              | NL        |      1973 | NS      | $129257.70    | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                      | Airbus SE                                 | CUSIP: N/A<br>LEI: MINO79WLOO247M1IL051       | Long             | EC               | CORP              | FR        |       448 | NS      | $106280.50    | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                 | S&P Global Inc                            | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |       176 | NS      | $87794.08     | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Amadeus IT Group SA            | Amadeus IT Group SA                       | CUSIP: N/A<br>LEI: 9598004A3FTY3TEHHN09       | Long             | EC               | CORP              | ES        |      1783 | NS      | $131044.22    | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Liquide SA                 | Air Liquide SA                            | CUSIP: N/A<br>LEI: 969500MMPQVHK671GT54       | Long             | EC               | CORP              | FR        |       384 | NS      | $73573.15     | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronext NV                    | Euronext NV                               | CUSIP: N/A<br>LEI: 724500QJ4QSZ3H9QU415       | Long             | EC               | CORP              | NL        |       656 | NS      | $100705.26    | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-21

**Name of Applicant:** Tema ETF Trust

**Signature:** /s/ Josh Hunter

**Name of Signer:** Josh Hunter

**Title:** Treasurer