# EDGAR Filing Document

**Accession Number:** 0001965454
**File Stem:** 0000910472-25-001812
**Filing Date:** 2025-9
**Character Count:** 45013
**Document Hash:** 77a445b25b215ac6ddb5a9ff729c3f68
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-001812.hdr.sgml**: 20250929

**ACCESSION NUMBER**: 0000910472-25-001812

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250929

**DATE AS OF CHANGE**: 20250929

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Grandeur Peak Global Trust
- **CENTRAL INDEX KEY:** 0001965454

**ORGANIZATION NAME:**
- **EIN:** 922196433
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23852
- **FILM NUMBER:** 251354055

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DR.
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 631-470-2688

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DR.
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Grandeur Peak International Stalwarts Fund (Series ID: S000080375)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000242733 | Institutional Class | GISYX           |
| C000242734 | Investor Class      | GISOX           |

## Nport-Ex

<u>Grandeur Peak International Stalwarts Fund</u> <u>Portfolio of Investments</u> <br> July 31, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| | **Shares** | **Fair Value** |
| **COMMON STOCKS — 99.49%** | **COMMON STOCKS — 99.49%** | **COMMON STOCKS — 99.49%** |
| **Australia — 3.61%** | **Australia — 3.61%** | **Australia — 3.61%** |
| HUB24 Ltd. | 101244 | $6938932 |
| Pinnacle Investment Management Group | 1908895 | 27453936 |
| Steadfast Group Ltd<sup>(a)</sup> | 2030408 | 7763593 |
| Technology One Ltd<sup>(a)</sup> | 224101 | 5916117 |
|  |  | 48072578 |
| **Belgium — 3.19%** | **Belgium — 3.19%** | **Belgium — 3.19%** |
| Azelis Group N.V. | 843133 | 13169741 |
| Melexis NV | 379089 | 29217296 |
|  |  | 42387037 |
| **Canada — 5.79%** | **Canada — 5.79%** | **Canada — 5.79%** |
| Altus Group Ltd. | 88400 | 3691415 |
| Aritzia Inc<sup>(a)</sup> | 239319 | 12845088 |
| Descartes Systems Group, Inc. (The)<sup>(a)</sup> | 193227 | 20414622 |
| Kinaxis Inc.<sup>(a)</sup> | 79123 | 11742822 |
| Lumine Group, Inc.<sup>(a)</sup> | 243800 | 9457455 |
| Stantec, Inc.<sup>(a)</sup> | 62720 | 6855926 |
| TerraVest Industries Inc<sup>(a)</sup> | 97800 | 12049954 |
|  |  | 77057282 |
| **China — 2.56%** | **China — 2.56%** | **China — 2.56%** |
| Silergy Corp | 3137805 | 34081499 |
| **France — 1.60%** | **France — 1.60%** | **France — 1.60%** |
| Virbac S.A.CA | 53510 | 21231702 |
| **Germany — 4.45%** | **Germany — 4.45%** | **Germany — 4.45%** |
| Aixtron SE | 377548 | 6408142 |
| Atoss Software AG | 96620 | 12995931 |
| Dermapharm Holding SE | 460437 | 17612057 |
| Schott Pharma AG & Co | 514737 | 13988057 |
| Scout24 A.G. 144A<sup>(b)(c)</sup> | 60583 | 8121083 |
|  |  | 59125270 |
| **India — 4.38%** | **India — 4.38%** | **India — 4.38%** |
| Bajaj Finance Limited<sup>(a)</sup> | 439867 | 4430207 |
| Cartrade Tech Ltd<sup>(a)</sup> | 728106 | 18195848 |
| Jubilant Foodworks Ltd<sup>(a)</sup> | 1431082 | 10721743 |
| Kfin Technologies<sup>(a)</sup> | 165978 | 2054315 |
| Motherson Sumi Wiring India Ltd | 11925819 | 5056969 |
| PB Fintech Ltd<sup>(a)</sup> | 471808 | 9771824 |
| Rainbow Children's Medicare Ltd<sup>(a)</sup> | 457121 | 7964496 |
|  |  | 58195402 |
| **Ireland — 0.43%** | **Ireland — 0.43%** | **Ireland — 0.43%** |
| ICON plc<sup>(a)</sup> | 33942 | 5742647 |
| **Israel — 1.93%** | **Israel — 1.93%** | **Israel — 1.93%** |
| CyberArk Software Ltd.<sup>(a)</sup> | 62373 | 25664618 |
| **Italy — 3.33%** | **Italy — 3.33%** | **Italy — 3.33%** |
| Interpump Group SpA | 247660 | 10168821 |
| Recordati SpA<sup>(a)</sup> | 593000 | 34125600 |
|  |  | 44294421 |
| **Japan — 12.89%** | **Japan — 12.89%** | **Japan — 12.89%** |
| BayCurrent Consulting, Inc. | 491310 | 28267740 |
| Genda Inc.<sup>(a)</sup> | 1082000 | 6723305 |
| Japan Elevator Service Holdings Company Ltd. | 1467816 | 39568365 |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Fair Value** |
| **COMMON STOCKS — 99.49% (continued)** | **COMMON STOCKS — 99.49% (continued)** | **COMMON STOCKS — 99.49% (continued)** |
| **Japan — 12.89% (continued)** | **Japan — 12.89% (continued)** | **Japan — 12.89% (continued)** |
| Maruwa Co Ltd/Aichi<sup>(a)</sup> | 43100 | $13130589 |
| Rakus Co Ltd<sup>(a)</sup> | 1611900 | 25013237 |
| Timee Inc<sup>(a)</sup> | 523900 | 7077101 |
| Tokyo Seimitsu Company Limited | 102562 | 6495398 |
| Visional Inc<sup>(a)</sup> | 572301 | 45068599 |
|  |  | 171344334 |
| **Lithuania — 1.11%** | **Lithuania — 1.11%** | **Lithuania — 1.11%** |
| Baltic Classifieds Group | 3122264 | 14761893 |
| **Luxembourg — 1.82%** | **Luxembourg — 1.82%** | **Luxembourg — 1.82%** |
| Eurofins Scientific S.E. | 315482 | 24250112 |
| **Malaysia — 0.20%** | **Malaysia — 0.20%** | **Malaysia — 0.20%** |
| Frontken Corporation Bhd.<sup>(a)</sup> | 2783600 | 2656331 |
| **Mexico — 3.42%** | **Mexico — 3.42%** | **Mexico — 3.42%** |
| BBB Foods Inc<sup>(a)</sup> | 752924 | 19214620 |
| Corp Inmobiliaria Vesta S.A.B. de C.V. – ADR<sup>(a)</sup> | 5039329 | 14203985 |
| GCC S.A.B. de C.V. 144A<sup>(a)(b)(c)</sup> | 1284249 | 12007964 |
|  |  | 45426569 |
| **Netherlands — 7.26%** | **Netherlands — 7.26%** | **Netherlands — 7.26%** |
| Allfunds Group PLC | 768628 | 5353541 |
| ASM International NV<sup>(a)</sup> | 16497 | 8052600 |
| BE Semiconductor Industries N.V. | 71128 | 9672694 |
| IMCD N.V.<sup>(a)</sup> | 237883 | 26162241 |
| Redcare Pharmacy N.V. 144A<sup>(a)(b)(c)</sup> | 128131 | 14286358 |
| Topicus.com, Inc.<sup>(a)</sup> | 240849 | 33026349 |
|  |  | 96553783 |
| **New Zealand — 0.51%** | **New Zealand — 0.51%** | **New Zealand — 0.51%** |
| Xero Ltd.<sup>(a)</sup> | 58640 | 6820419 |
| **Norway — 0.72%** | **Norway — 0.72%** | **Norway — 0.72%** |
| Vend Marketplaces ASA<sup>(a)</sup> | 254295 | 9582783 |
| **Poland — 2.41%** | **Poland — 2.41%** | **Poland — 2.41%** |
| Asseco Poland SA<sup>(a)</sup> | 123160 | 6665292 |
| Dino Polska SA 144A<sup>(a)(b)(c)</sup> | 1922270 | 25448673 |
|  |  | 32113965 |
| **South Korea — 4.04%** | **South Korea — 4.04%** | **South Korea — 4.04%** |
| APR Corp/Korea<sup>(a)</sup> | 59094 | 7784113 |
| HD Hyundai Marine Solution Co<sup>(a)</sup> | 86038 | 12616538 |
| HPSP Company Ltd. | 746125 | 14365226 |
| LEENO Industrial Inc.<sup>(a)</sup> | 366626 | 12540018 |
| Park Systems Corp<sup>(a)</sup> | 32754 | 6482313 |
|  |  | 53788208 |
| **Sweden — 7.47%** | **Sweden — 7.47%** | **Sweden — 7.47%** |
| AddTech A.B. | 590896 | 19922625 |
| Asker Healthcare Group AB<sup>(a)</sup> | 314360 | 3220796 |
| Lagercrantz Group AB | 747543 | 17398486 |
| Lifco AB, Class B | 292078 | 10432583 |
| Roko AB<sup>(a)</sup> | 78337 | 21169674 |
| Vimian Group AB<sup>(a)</sup> | 3166596 | 10812364 |
| Vitec Software Group | 420049 | 16333916 |
|  |  | 99290444 |

---

<u>Grandeur Peak International Stalwarts Fund</u> <u>Portfolio of Investments</u> <br> July 31, 2025 (Unaudited)(Continued)

---

| | | |
|:---|:---|:---|
| | **Shares** | **Fair Value** |
| **COMMON STOCKS — 99.49% (continued)** | **COMMON STOCKS — 99.49% (continued)** | **COMMON STOCKS — 99.49% (continued)** |
| **Switzerland — 1.83% (continued)** | **Switzerland — 1.83% (continued)** | **Switzerland — 1.83% (continued)** |
| Belimo Holding AG<sup>(a)</sup> | 5884 | $6907141 |
| VAT Group A.G. 144A<sup>(b)(c)</sup> | 22101 | 7822665 |
| Ypsomed Holding A.G.<sup>(a)</sup> | 20002 | 9665359 |
|  |  | 24395165 |
| **Taiwan — 5.57%** | **Taiwan — 5.57%** | **Taiwan — 5.57%** |
| Asia Vital Components Co., Ltd. | 493000 | 15207506 |
| ASPEED Technology, Inc. | 104145 | 15871305 |
| Chroma ATE, Inc. | 593000 | 8531733 |
| Sinbon Electronics Co., Limited<sup>(a)</sup> | 620000 | 5055812 |
| Voltronic Power Technology<sup>(a)</sup> | 745490 | 29399044 |
|  |  | 74065400 |
| **United Kingdom — 12.82%** | **United Kingdom — 12.82%** | **United Kingdom — 12.82%** |
| B & M European Value Retail SA | 5551225 | 16451332 |
| CVS Group plc | 528231 | 8566662 |
| Diploma plc | 673547 | 47856352 |
| Halma plc<sup>(a)</sup> | 504128 | 21651139 |
| Hill & Smith Holdings plc | 525471 | 14191603 |
| ICG plc | 498825 | 14348136 |
| JTC plc 144A<sup>(b)(c)</sup> | 1993824 | 24725313 |
| Marex Group PLC<sup>(a)</sup> | 587064 | 22648929 |
|  |  | 170439466 |
| **United States — 5.50%** | **United States — 5.50%** | **United States — 5.50%** |
| Accelerant Holdings<sup>(a)</sup> | 212898 | 5863211 |
| Bruker Corporation | 277366 | 10659175 |
| Cloudflare, Inc., Class A<sup>(a)</sup> | 26693 | 5543602 |
| JFrog Ltd.<sup>(a)</sup> | 518761 | 22519415 |
| Lululemon Athletica, Inc.<sup>(a)</sup> | 29339 | 5883350 |
| Monolithic Power Systems, Inc. | 31794 | 22613165 |
|  |  | 73081918 |
| **Vietnam — 0.65%** | **Vietnam — 0.65%** | **Vietnam — 0.65%** |
| Asia Commercial Bank JSC | 9856292 | 8651810 |
| *Total Common Stocks (Cost $1,039,819,396)* |  | 1323075056 |
| *Total Common Stocks/ Investments — 99.49%* | *Total Common Stocks/ Investments — 99.49%* |  |
| *(Cost $1,039,819,396)* | *(Cost $1,039,819,396)* | 1323075056 |
| *Other Assets in Excess of Liabilities —   0.51%* | *Other Assets in Excess of Liabilities —   0.51%* | 6847231 |
| *NET ASSETS — 100.00%* | *NET ASSETS — 100.00%* | $1329922287 |
| <sup>(a)</sup> Non-income producing security. | <sup>(a)</sup> Non-income producing security. | <sup>(a)</sup> Non-income producing security. |
| <sup>(b)</sup> Security was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts securities offered and sold outside of the United States from registration. Such security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration. As of July 31, 2025, these securities had a total aggregate market value of $92,412,056, representing 6.95% of net assets. | <sup>(b)</sup> Security was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts securities offered and sold outside of the United States from registration. Such security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration. As of July 31, 2025, these securities had a total aggregate market value of $92,412,056, representing 6.95% of net assets. | <sup>(b)</sup> Security was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts securities offered and sold outside of the United States from registration. Such security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration. As of July 31, 2025, these securities had a total aggregate market value of $92,412,056, representing 6.95% of net assets. |

---

<sup>(c)</sup> Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers. As of July 31, 2025, these securities had a total aggregate market value of $92,412,056, representing 6.95% 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:** Grandeur Peak Global Trust

- **b. Investment Company Act file number:** 811-23852

- **c. CIK number of Registrant:** 0001965454

- **d. LEI of Registrant:** 54930009SEWTYKGXPE05

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

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 631-470-2688

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

- **a. Name of Series:** GRANDEUR PEAK INTERNATIONAL STALWARTS FUND

- **b. EDGAR series identifier (if any):** S000080375

- **c. LEI of Series:** 54930009UM0BTNPEA345

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-07-31

**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:** $1334149146.85

**Total Liabilities:** $4226860.31

**Net Assets:** $1329922286.54

**Cash Not Reported:** $5698425.66

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000242734 | 7.16%                | 4.64%                | -2.49%               |
| Class ID C000242733 | 7.16%                | 4.72%                | -2.52%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3549832.15              | $95884756.48                               |
| Month 2  | $25952738.77             | $43925717.84                               |
| Month 3  | $19814966.93             | $-55347152.97                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TechnologyOne Ltd.                                | Technology One Ltd                           | CUSIP: Q89275103<br>LEI: 875500YEWBJIM91P9N12 | Long             | EC               | CORP              | AU        |    224101 | NS      | $5916116.62   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Genda Inc.                                        | Genda Inc.                                   | CUSIP: J1769T105<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |   1082000 | NS      | $6723304.64   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Topicus Com Inc                                   | Topicus.com, Inc.                            | CUSIP: 89072T102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    240849 | NS      | $33026349.60  | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Allfunds Group Plc                                | Allfunds Group Plc                           | CUSIP: G0236L102<br>LEI: 9598005U8TZQ8Q64SC71 | Long             | EC               | CORP              | GB        |    768628 | NS      | $5353540.53   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Dino Polska SA                                    | Dino Polska SA                               | CUSIP: X188AF102<br>LEI: 259400H4L81SMPRTW956 | Long             | EC               | CORP              | PL        |   1922270 | NS      | $25448673.63  | 1.91%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Addtech AB                                        | AddTech AB                                   | CUSIP: W4260L147<br>LEI: 549300QZ5U2IDRHPWL60 | Long             | EC               | CORP              | SE        |    590896 | NS      | $19922624.94  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare Inc                                    | Cloudflare, Inc. Class A                     | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |     26693 | NS      | $5543602.24   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Vend Marketplaces ASA                             | Vend Marketplaces ASA                        | CUSIP: R75677147<br>LEI: 5967007LIEEXZXHT0O36 | Long             | EC               | CORP              | NO        |    254295 | NS      | $9582783.49   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| HUB24 Ltd.                                        | HUB24 Ltd                                    | CUSIP: Q4970M176<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    101244 | NS      | $6938932.33   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Asia Vital Components Co Ltd                      | Asia Vital Components Co., Ltd.              | CUSIP: Y0392D100<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    493000 | NS      | $15207506.18  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc.                     | Monolithic Power Systems, Inc.               | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |     31794 | NS      | $22613164.56  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Baycurrent Inc.                                   | BayCurrent Consulting, Inc.                  | CUSIP: J0433F103<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    491310 | NS      | $28267739.83  | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Recordati Industria Chimica e Farmaceutica S.p.A. | Recordati SpA                                | CUSIP: T78458139<br>LEI: 815600FBF92FD3531704 | Long             | EC               | CORP              | IT        |    593000 | NS      | $34125599.45  | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BE Semiconductor Industries NV                    | BE Semiconductor Industries N.V.             | CUSIP: N13107144<br>LEI: 7245007A1YFLI2GNYX06 | Long             | EC               | CORP              | NL        |     71128 | NS      | $9672693.31   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Group PLC                                     | CVS Group plc                                | CUSIP: G27234106<br>LEI: 213800J41XDQ2NX48O05 | Long             | EC               | CORP              | GB        |    528231 | NS      | $8566662.28   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Silergy Corporation                               | Silergy Corp                                 | CUSIP: G8190F102<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |   3137805 | NS      | $34081499.40  | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| VAT Group AG                                      | VAT Group AG                                 | CUSIP: H90508104<br>LEI: 529900MVFK7NVALR7Y83 | Long             | EC               | CORP              | CH        |     22101 | NS      | $7822664.54   | 0.59%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Kfin Technologies Ltd.                            | Kfin Technologies                            | CUSIP: Y4S976105<br>LEI: 335800GNCGJJ76Z17N17 | Long             | EC               | CORP              | IN        |    165978 | NS      | $2054315.12   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Scout24 SE                                        | Scout24 SE                                   | CUSIP: D345XT105<br>LEI: 5493007EIKM2ENQS7U66 | Long             | EC               | CORP              | DE        |     60583 | NS      | $8121082.67   | 0.61%             |  |  |  | Yes           |                  1 | On Loan: No      |
| IMCD NV                                           | IMCD N.V.                                    | CUSIP: N4447S106<br>LEI: 724500NSJPNFJPDAUP02 | Long             | EC               | CORP              | NL        |    237883 | NS      | $26162240.88  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc.                          | Lululemon Athletica, Inc.                    | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |     29339 | NS      | $5883349.67   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Melexis NV                                        | Melexis NV                                   | CUSIP: B59283109<br>LEI: 549300QRPSGOJRPUFO80 | Long             | EC               | CORP              | BE        |    379089 | NS      | $29217295.62  | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Accelerant Holdings                               | Accelerant Holdings                          | CUSIP: G00894108<br>LEI: 529900G48AUHCKJ6EU64 | Long             | EC               | CORP              | KY        |    212898 | NS      | $5863210.92   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Terravest Industries Inc                          | TerraVest Industries Inc                     | CUSIP: 88105G103<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     97800 | NS      | $12049953.81  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Altus Group Ltd                                   | Altus Group Ltd.                             | CUSIP: 02215R107<br>LEI: 54930041VO1EIY4IV355 | Long             | EC               | CORP              | CA        |     88400 | NS      | $3691414.55   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Visional Inc.                                     | Visional Inc                                 | CUSIP: J94590106<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    572301 | NS      | $45068599.38  | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Rakus Co Ltd.                                     | Rakus Co Ltd                                 | CUSIP: J6S879103<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |   1611900 | NS      | $25013236.60  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Descartes Systems Group Inc.                      | Descartes Systems Group                      | CUSIP: 249906108<br>LEI: 875500NEPA7JI5EOMN45 | Long             | EC               | CORP              | CA        |    193227 | NS      | $20414622.21  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Chroma Ate Inc                                    | Chroma Ate Inc                               | CUSIP: Y1604M102<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    593000 | NS      | $8531732.50   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Jubilant FoodWorks Ltd.                           | Jubilant Foodworks Ltd                       | CUSIP: Y4S67Z115<br>LEI: 9845000D3B99893F5B14 | Long             | EC               | CORP              | IN        |   1431082 | NS      | $10721743.08  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Apr Co. Ltd.                                      | APR Corp/Korea                               | CUSIP: Y0R9CJ118<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     59094 | NS      | $7784112.64   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Virbac SA                                         | Virbac SA                                    | CUSIP: F97900116<br>LEI: 969500QQ1X5XHG649644 | Long             | EC               | CORP              | FR        |     53510 | NS      | $21231702.44  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Halma PLC                                         | Halma plc                                    | CUSIP: G42504103<br>LEI: 2138007FRGLUR9KGBT40 | Long             | EC               | CORP              | GB        |    504128 | NS      | $21651139.14  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Hill & Smith PLC                                  | Hill & Smith Holdings PLC                    | CUSIP: G45080101<br>LEI: 2138003A3ISGQZBOWI83 | Long             | EC               | CORP              | GB        |    525471 | NS      | $14191603.21  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| HPSP Co Ltd.                                      | HPSP Co Ltd                                  | CUSIP: Y3R2Z4107<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    746125 | NS      | $14365225.55  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Systems Corp                                 | Park Systems Corp                            | CUSIP: Y6S06Q106<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     32754 | NS      | $6482312.95   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontken Corporation Berhad                       | Frontken Corporation Bhd.                    | CUSIP: Y26510100<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |   2783600 | NS      | $2656331.07   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinaxis Inc                                       | Kinaxis Inc.                                 | CUSIP: 49448Q109<br>LEI: 5299009VAZ14K7PFUQ15 | Long             | EC               | CORP              | CA        |     79123 | NS      | $11742821.68  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Bruker Corporation                                | Bruker Corporation                           | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |    277366 | NS      | $10659175.38  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| ATOSS Software SE                                 | Atoss Software AG                            | CUSIP: D0426N101<br>LEI: 529900Q9G9280ADNOA39 | Long             | EC               | CORP              | DE        |     96620 | NS      | $12995930.58  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Steadfast Group Ltd.                              | Steadfast Group Ltd                          | CUSIP: Q8744R106<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   2030408 | NS      | $7763593.34   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Baltic Classifieds Group PLC                      | Baltic Classifieds Group                     | CUSIP: G07167102<br>LEI: 213800I1RPHCFSSQS969 | Long             | EC               | CORP              | GB        |   3122264 | NS      | $14761892.66  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PB Fintech Ltd.                                   | PB Fintech Ltd                               | CUSIP: Y67616287<br>LEI: 98450083AC6B01HF1F87 | Long             | EC               | CORP              | IN        |    471808 | NS      | $9771824.13   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Azelis Group Nv                                   | Azelis Group N.V.                            | CUSIP: B0R5SJ106<br>LEI: 699400M9RRMTV264FM70 | Long             | EC               | CORP              | BE        |    843133 | NS      | $13169741.31  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Aixtron SE                                        | AIXTRON SE                                   | CUSIP: D0257Y135<br>LEI: 5299004UJ4D51M25LD67 | Long             | EC               | CORP              | DE        |    377548 | NS      | $6408142.29   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Redcare Pharmacy N.V                              | Redcare Pharmacy N.V.                        | CUSIP: N7975Z103<br>LEI: 529900JK6UXHY1YKZ082 | Long             | EC               | CORP              | NL        |    128131 | NS      | $14286357.79  | 1.07%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Icon PLC                                          | ICON plc                                     | CUSIP: G4705A100<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | US        |     33942 | NS      | $5742646.98   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Interpump Group S.p.A.                            | Interpump Group SpA                          | CUSIP: T5513W107<br>LEI: 815600C79D0F31F4D395 | Long             | EC               | CORP              | IT        |    247660 | NS      | $10168821.19  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| JFrog Ltd                                         | JFrog Ltd.                                   | CUSIP: M6191J100<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |    518761 | NS      | $22519415.01  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| BELIMO Holding AG                                 | Belimo Holding AG                            | CUSIP: H07171129<br>LEI: 506700339DLX749VEM23 | Long             | EC               | CORP              | CH        |      5884 | NS      | $6907140.57   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Asia Commercial Joint Stock Bank                  | Asia Commercial Bank JSC                     | CUSIP: Y0324N101<br>LEI: 5493001VSLUXY7LJS086 | Long             | EC               | CORP              | VN        |   9856292 | NS      | $8651809.63   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Ypsomed Holding AG                                | Ypsomed Holding AG                           | CUSIP: H9725B102<br>LEI: 391200QLIOTTBNPNSI14 | Long             | EC               | CORP              | CH        |     20002 | NS      | $9665359.61   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Aritzia Inc                                       | Aritzia Inc                                  | CUSIP: 04045U102<br>LEI: 549300U83HKFRL1EX527 | Long             | EC               | CORP              | CA        |    239319 | NS      | $12845088.07  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHOTT Pharma AG & Co KGaA                        | Schott Pharma AG & Co                        | CUSIP: D6T79R108<br>LEI: 529900TU48UE99NHEY88 | Long             | EC               | CORP              | DE        |    514737 | NS      | $13988057.32  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Voltronic Power Technology Corp.                  | Voltronic Power Technology                   | CUSIP: Y937BE103<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    745490 | NS      | $29399044.18  | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ASM International N.V.                            | ASM International NV                         | CUSIP: N07045201<br>LEI: 7245001I22ND6ZFHX623 | Long             | EC               | CORP              | NL        |     16497 | NS      | $8052600.48   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Lagercrantz Group AB                              | Lagercrantz Group AB                         | CUSIP: W5303A147<br>LEI: 5493002L6I4YHANEYR87 | Long             | EC               | CORP              | SE        |    747543 | NS      | $17398486.40  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| B&M European Value Retail SA                      | B & M European Value Retail SA               | CUSIP: L1175H106<br>LEI: 213800UK7ZRLY2K1X530 | Long             | EC               | CORP              | GB        |   5551225 | NS      | $16451332.41  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurofins Scientific SE                            | Eurofins Scientific                          | CUSIP: L31839134<br>LEI: 529900JEHFM47DYY3S57 | Long             | EC               | CORP              | FR        |    315482 | NS      | $24250112.17  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Asseco Poland SA                                  | ASSECO POLAND SA                             | CUSIP: X02540130<br>LEI: 259400O79EWIK4XZPL40 | Long             | EC               | CORP              | PL        |    123160 | NS      | $6665291.81   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Roko AB                                           | Roko AB                                      | CUSIP: W72732113<br>LEI: 549300X76X1DK285JB13 | Long             | EC               | CORP              | SE        |     78337 | NS      | $21169674.54  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Investment Management Group Ltd.         | Pinnacle Investment Management Group         | CUSIP: Q75485104<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   1908895 | NS      | $27453936.19  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Dermapharm Holding SE                             | Dermapharm Holding SE                        | CUSIP: D1T0ZJ103<br>LEI: 5299009F0KNZINQQQK37 | Long             | EC               | CORP              | DE        |    460437 | NS      | $17612056.98  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinbon Electronics Co., Ltd.                      | Sinbon Electronics Co., Limited              | CUSIP: Y7989R103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    620000 | NS      | $5055811.78   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Vitec Software Group AB                           | Vitec Software Group                         | CUSIP: W9820M113<br>LEI: 5493005EB5RV1QHE6H94 | Long             | EC               | CORP              | SE        |    420049 | NS      | $16333915.64  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Stantec Inc.                                      | Stantec, Inc.                                | CUSIP: 85472N109<br>LEI: 549300MZ7NGUZDCP2T16 | Long             | EC               | CORP              | CA        |     62720 | NS      | $6855926.10   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Leeno Industrial                                  | LEENO Industrial Inc.                        | CUSIP: Y5254W104<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    366626 | NS      | $12540019.36  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| GCC, S.A.B. de C.V.                               | Grupo Cementos de Chihuahua, S.A.B. de C.V   | CUSIP: P4948S124<br>LEI: 254900WY9XL8033CKX68 | Long             | EC               | CORP              | MX        |   1284249 | NS      | $12007964.39  | 0.90%             |  |  |  | Yes           |                  1 | On Loan: No      |
| HD Hyundai Marine Solution Co  Ltd.               | HD Hyundai Marine Solution Co                | CUSIP: Y3820S103<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     86038 | NS      | $12616537.60  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| ASPEED Technology Inc.                            | ASPEED Technology, Inc.                      | CUSIP: Y04044106<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    104145 | NS      | $15871305.39  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Cartrade Tech Ltd                                 | Cartrade Tech Ltd                            | CUSIP: Y6191F105<br>LEI: 984500F5CDO5D86C1326 | Long             | EC               | CORP              | IN        |    728106 | NS      | $18195846.84  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Lifco AB                                          | Lifco AB                                     | CUSIP: W5321L166<br>LEI: 549300RTLL4VDQRCTW41 | Long             | EC               | CORP              | SE        |    292078 | NS      | $10432582.78  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Cyberark Software Ltd.                            | Cyberark Software LTD.                       | CUSIP: M2682V108<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | US        |     62373 | NS      | $25664618.31  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| ICG PLC                                           | Intermediate Capital Group PLC               | CUSIP: G4807D192<br>LEI: 549300OGASR5WRKJ8R68 | Long             | EC               | RF                | GB        |    498825 | NS      | $14348135.90  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Xero Ltd.                                         | Xero Ltd                                     | CUSIP: Q98665104<br>LEI: 254900UG5D8YST164N14 | Long             | EC               | CORP              | NZ        |     58640 | NS      | $6820418.74   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Motherson Sumi Wiring India Ltd.                  | Motherson Sumi Wiring India Lt               | CUSIP: Y613MV100<br>LEI: 335800Y5S92WUOZT3C60 | Long             | EC               | CORP              | IN        |  11925819 | NS      | $5056969.15   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumine Group Inc                                  | Lumine Group Inc.                            | CUSIP: 55027C106<br>LEI: 984500E3C44B9D44M738 | Long             | EC               | CORP              | CA        |    243800 | NS      | $9457455.25   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Maruwa Co Ltd                                     | Maruwa Co Ltd/Aichi                          | CUSIP: J40573107<br>LEI: 3538009BXGIG8PFXNI29 | Long             | EC               | CORP              | JP        |     43100 | NS      | $13130588.75  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Bajaj Finance Ltd.                                | Bajaj Finance Limited                        | CUSIP: Y0547D153<br>LEI: 335800YTEXC3DO4Z6F68 | Long             | EC               | CORP              | IN        |    439867 | NS      | $4430207.32   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Elevator Service Hldgs Co Ltd               | Japan Elevator Service Holdings Company Ltd. | CUSIP: J2S19B100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |   1467816 | NS      | $39568365.05  | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Corporacion Inmobiliaria Vesta S A B De C V       | Corp Inmobiliaria Vesta SAB de               | CUSIP: P9781N108<br>LEI: 4469000001BIRIFZJ959 | Long             | EC               | CORP              | MX        |   5039329 | NS      | $14203984.51  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Vimian Group AB                                   | Vimian Group AB                              | CUSIP: W981A4114<br>LEI: 549300OQ8R5TCAP0BS18 | Long             | EC               | CORP              | SE        |   3166596 | NS      | $10812364.39  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Timee Inc.                                        | Timee Inc                                    | CUSIP: J83432104<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    523900 | NS      | $7077100.55   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| BBB Foods Inc                                     | BBB Foods Inc                                | CUSIP: G0896C103<br>LEI: N/A                  | Long             | EC               | CORP              | VG        |    752924 | NS      | $19214620.48  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Rainbow Childrens Medicare Ltd.                   | Rainbow Children's Medicare Lt               | CUSIP: Y2745K104<br>LEI: 894500O094S259NC7H64 | Long             | EC               | CORP              | IN        |    457121 | NS      | $7964495.92   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Marex Group Plc                                   | Marex Group PLC                              | CUSIP: G5S37H101<br>LEI: 549300DWX0SVICJAL507 | Long             | EC               | CORP              | GB        |    587064 | NS      | $22648929.12  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Diploma PLC                                       | Diploma plc                                  | CUSIP: G27664112<br>LEI: 2138008OGI7VYG8FGR19 | Long             | EC               | CORP              | GB        |    673547 | NS      | $47856350.50  | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Asker Healthcare Group AB                         | Asker Healthcare Group AB                    | CUSIP: W0767R108<br>LEI: 636700RZEYK9TOWV8F05 | Long             | EC               | CORP              | SE        |    314360 | NS      | $3220795.68   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Seimitsu Co Ltd                             | Tokyo Seimitsu Company Limited               | CUSIP: J87903100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    102562 | NS      | $6495398.36   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| JTC PLC                                           | JTC plc                                      | CUSIP: G5211H117<br>LEI: 213800DVUG4KLF2ASK33 | Long             | EC               | CORP              | JE        |   1993824 | NS      | $24725313.47  | 1.86%             |  |  |  | Yes           |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-29

**Name of Applicant:** Grandeur Peak Global Trust

**Signature:** Grandeur Peak Global Trust

**Name of Signer:** Sarah Criger

**Title:** VP, Fund Accounting