# EDGAR Filing Document

**Accession Number:** 0001618627
**File Stem:** 0000894189-26-002043
**Filing Date:** 2026-1
**Character Count:** 41017
**Document Hash:** 4db4592a175428e1045b0139c91c6503
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-002043.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0000894189-26-002043

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260128

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RBB Fund Trust
- **CENTRAL INDEX KEY:** 0001618627

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23011
- **FILM NUMBER:** 26569307

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 609-731-6256

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PENN Capital Funds Trust
- **DATE OF NAME CHANGE:** 20140904

## Series and Classes Contracts Data

### First Eagle Global Equity ETF (Series ID: S000089122)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000255627 | First Eagle Global Equity ETF | FEGE            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **First Eagle Global Equity ETF** | **First Eagle Global Equity ETF** | **First Eagle Global Equity ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** |
| **COMMON STOCKS - 97.9%** | **Shares** | **Value**  |
| **Brazil - 0.8%** | **Brazil - 0.8%** | |
| Ambev SA - ADR | 2518749 | $6397622 |
| **Canada - 10.3%** | **Canada - 10.3%** |  |
| Agnico Eagle Mines Ltd. | 45095 | 7866979 |
| Barrick Mining Corp. | 365455 | 15107910 |
| Franco-Nevada Corp. | 57569 | 12035338 |
| Imperial Oil Ltd. | 164011 | 16395819 |
| Nutrien Ltd. | 94553 | 5500148 |
| Power Corp. of Canada | 158954 | 8093010 |
| Wheaton Precious Metals Corp. | 140039 | 15411292 |
|  |  | 80410496 |
| **France - 3.2%** | **France - 3.2%** |  |
| Danone SA | 99754 | 8912705 |
| LVMH Moet Hennessy Louis Vuitton SE | 18703 | 13791620 |
| Pernod Ricard SA | 24219 | 2180191 |
|  |  | 24884516 |
| **Germany - 1.7%** | **Germany - 1.7%** |  |
| adidas AG | 7070 | 1315868 |
| Merck KGaA | 87396 | 11763539 |
|  |  | 13079407 |
| **Hong Kong - 3.5%** | **Hong Kong - 3.5%** |  |
| AIA Group Ltd. | 605200 | 6265260 |
| Alibaba Group Holding Ltd. | 498000 | 9690520 |
| CK Asset Holdings Ltd. | 807500 | 4140361 |
| Jardine Matheson Holdings Ltd. | 105951 | 6950386 |
|  |  | 27046527 |
| **Ireland - 1.4%** | **Ireland - 1.4%** |  |
| Medtronic PLC | 99064 | 10434411 |
| **Japan - 6.5%** | **Japan - 6.5%** |  |
| FANUC Corp. | 236100 | 7596675 |
| Hoshizaki Corp. | 92500 | 3120739 |
| Mitsubishi Electric Corp. | 251500 | 6799299 |
| MS&AD Insurance Group Holdings, Inc. | 324800 | 7204840 |
| Secom Co. Ltd. | 186800 | 6312968 |
| Shimano, Inc. | 43100 | 4551292 |
| SMC Corp. | 26500 | 9310329 |
| Sompo Holdings, Inc. | 168300 | 5336512 |
|  |  | 50232654 |
| **Mexico - 1.2%** | **Mexico - 1.2%** |  |
| Fomento Economico Mexicano SAB de CV - ADR | 100238 | 9616834 |
| **Netherlands - 2.7%** | **Netherlands - 2.7%** |  |
| Heineken NV | 66259 | 5395686 |
| Prosus NV | 248399 | 15639329 |
|  |  | 21035015 |
| **South Korea - 3.4%** | **South Korea - 3.4%** |  |
| NAVER Corp. | 31812 | 5278026 |
| Samsung Electronics Co. Ltd. | 312919 | 21383986 |
|  |  | 26662012 |
| **Sweden - 1.0%** | **Sweden - 1.0%** |  |
| Investor AB | 236219 | 8041477 |
| **Switzerland - 4.2%** | **Switzerland - 4.2%** |  |
| Cie Financiere Richemont SA | 61955 | 13137762 |
| Nestle SA | 72100 | 7166907 |
| Schindler Holding AG | 29617 | 10584085 |
| SGS SA | 17808 | 2043563 |
|  |  | 32932317 |
| **Taiwan - 2.0%** | **Taiwan - 2.0%** |  |
| Taiwan Semiconductor Manufacturing Co. Ltd. - ADR | 51756 | 15087391 |
| **United Kingdom - 10.6%** | **United Kingdom - 10.6%** |  |
| BAE Systems PLC | 348509 | 7614091 |
| British American Tobacco PLC | 303544 | 17763588 |
| Diageo PLC | 137453 | 3157675 |
| Haleon PLC | 1578175 | 7748195 |
| Lloyds Banking Group PLC | 5786867 | 7364379 |
| Reckitt Benckiser Group PLC | 137297 | 10635401 |
| Shell PLC | 185319 | 6851003 |
| Unilever PLC | 187775 | 11334349 |
| Willis Towers Watson PLC | 31324 | 10055004 |
|  |  | 82523685 |
| **United States - 45.4% <sup>(a)</sup>** | **United States - 45.4% <sup>(a)</sup>** |  |
| Alphabet, Inc. - Class C | 82901 | 26538268 |
| American Express Co. | 18785 | 6861597 |
| Analog Devices, Inc. | 24553 | 6514893 |
| Bank of New York Mellon Corp. | 104752 | 11742699 |
| Becton Dickinson & Co. | 114921 | 22296973 |
| Berkshire Hathaway, Inc. - Class B <sup>(b)</sup> | 14907 | 7659366 |
| Bio-Rad Laboratories, Inc. - Class A <sup>(b)</sup> | 24977 | 8114028 |
| CH Robinson Worldwide, Inc. | 113560 | 18041277 |
| Charter Communications, Inc. - Class A <sup>(b)</sup> | 14747 | 2951170 |
| Colgate-Palmolive Co. | 87198 | 7009847 |
| Comcast Corp. - Class A | 345529 | 9222169 |
| Cummins, Inc. | 13790 | 6867144 |
| Dollar General Corp. | 58123 | 6363887 |
| Elevance Health, Inc. | 42268 | 14297574 |
| Equity Residential | 90602 | 5594674 |
| Expeditors International of Washington, Inc. | 66390 | 9752691 |
| Exxon Mobil Corp. | 79323 | 9195122 |
| Fidelity National Financial, Inc. | 47876 | 2845271 |
| HCA Healthcare, Inc. | 40584 | 20628441 |
| International Flavors & Fragrances, Inc. | 96172 | 6682031 |
| Meta Platforms, Inc. - Class A | 28870 | 18706317 |
| Microsoft Corp. | 4533 | 2230281 |
| Newmont Corp. | 133714 | 12131871 |
| Noble Corp. PLC | 317595 | 9724759 |
| Omnicom Group, Inc. | 57146 | 4092797 |
| ONEOK, Inc. | 83809 | 6102971 |
| Oracle Corp. | 84654 | 17095875 |
| Philip Morris International, Inc. | 65125 | 10255885 |
| PPG Industries, Inc. | 58330 | 5835333 |
| Salesforce, Inc. | 33822 | 7797324 |
| SLB Ltd. | 305801 | 11082228 |
| Texas Instruments, Inc. | 38188 | 6425895 |
| Universal Health Services, Inc. - Class B | 50575 | 12321587 |
| US Bancorp | 86640 | 4249692 |
| Walt Disney Co. | 37327 | 3899552 |
| Weyerhaeuser Co. | 324334 | 7203458 |
| Workday, Inc. - Class A <sup>(b)</sup> | 20286 | 4374067 |
|  |  | 352709014 |
| **TOTAL COMMON STOCKS** (Cost $680,067,284) | **TOTAL COMMON STOCKS** (Cost $680,067,284) | 761093378 |
| **PREFERRED STOCKS - 1.2%** | **Shares** | **Value**  |
| **Brazil - 0.7%** | **Brazil - 0.7%** |  |
|  Itausa SA, 0.00% | 2308127 | 5314289 |
| **Germany - 0.5%** | **Germany - 0.5%** |  |
|  Henkel AG & Co. KGaA, 0.00% | 51524 | 4159896 |
| **TOTAL PREFERRED STOCKS** (Cost $8,650,126) | **TOTAL PREFERRED STOCKS** (Cost $8,650,126) | 9474185 |
| **TOTAL INVESTMENTS - 99.1% (**Cost $688,717,410**)** | **TOTAL INVESTMENTS - 99.1% (**Cost $688,717,410**)** | 770567563 |
| Other Assets in Excess of Liabilities - 0.9% | Other Assets in Excess of Liabilities - 0.9% | 7244952 |
| **TOTAL NET ASSETS - 100.0%** |  | $777812515 |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

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

(a) 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.

(b) Non-income producing security.

------

#### Summary of Fair Value Disclosure as of November 30, 2025 (Unaudited)
First Eagle Global Equity 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 November 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $761093378 | $– | $– | $761093378 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Preferred Stocks | 9474185 | – | – | 9474185 |
| Total Investments | $770567563 | $– | $– | $770567563 |
| 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. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** RBB Fund Trust

- **b. Investment Company Act file number:** 811-23011

- **c. CIK number of Registrant:** 0001618627

- **d. LEI of Registrant:** 549300LEC95RYURPL757

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 262-378-6278

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

- **a. Name of Series:** First Eagle Global Equity ETF

- **b. EDGAR series identifier (if any):** S000089122

- **c. LEI of Series:** 5299004HV2I4JUNHBI30

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

- **a. Date of fiscal year-end:** 2026-08-31

- **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:** $797316387.77

**Total Liabilities:** $19501213.33

**Net Assets:** $777815174.44

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000255627 | 4.50%                | -0.03%               | 3.28%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-70571.24               | $21896118.15                               |
| Month 2  | $1856606.78              | $-2849698.42                               |
| Month 3  | $196653.97               | $22942600.28                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Walt Disney Co/The                     | Walt Disney Co/The                         | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     37327 | NS      | $3899551.69   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Jardine Matheson Holdings Ltd          | Jardine Matheson Holdings Ltd              | CUSIP: G50736100<br>LEI: 2138009KENVUNWOLPK41 | Long             | EC               | CORP              | HK        |    105951 | NS      | $6950385.60   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Electric Corp               | Mitsubishi Electric Corp                   | CUSIP: N/A<br>LEI: 549300TRXM9Y6561AX39       | Long             | EC               | CORP              | JP        |    251500 | NS      | $6799299.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bank Money Market Deposit Account | U.S. Bank Money Market Deposit Account     | CUSIP: 8AMMF0A92<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   4719241 | NS      | $4719241.34   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Reckitt Benckiser Group PLC            | Reckitt Benckiser Group PLC                | CUSIP: N/A<br>LEI: 5493003JFSMOJG48V108       | Long             | EC               | CORP              | GB        |    137297 | NS      | $10635401.53  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Sompo Holdings Inc                     | Sompo Holdings Inc                         | CUSIP: N/A<br>LEI: 353800CWW4SRGEYEB512       | Long             | EC               | CORP              | JP        |    168300 | NS      | $5336512.28   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Inc             | Charter Communications Inc                 | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |     14747 | NS      | $2951169.64   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                            | Cummins Inc                                | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     13790 | NS      | $6867144.20   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                       | Exxon Mobil Corp                           | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     79323 | NS      | $9195122.16   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| FANUC Corp                             | FANUC Corp                                 | CUSIP: N/A<br>LEI: 529900QTSW745LOKW705       | Long             | EC               | CORP              | JP        |    236100 | NS      | $7596674.88   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co                  | Becton Dickinson & Co                      | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |    114921 | NS      | $22296972.42  | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc                 | Berkshire Hathaway Inc                     | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     14907 | NS      | $7659365.67   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                           | Comcast Corp                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    345529 | NS      | $9222169.01   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Itausa SA                              | Itausa SA                                  | CUSIP: P5887P427<br>LEI: N/A                  | Long             | EP               | CORP              | BR        |   2308127 | NS      | $5314289.62   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| IFF                                    | International Flavors & Fragrances Inc     | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |     96172 | NS      | $6682030.56   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                         | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      4533 | NS      | $2230281.33   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                    | Elevance Health Inc                        | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |     42268 | NS      | $14297573.68  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                     | Equity Residential                         | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |     90602 | NS      | $5594673.50   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Heineken NV                            | Heineken NV                                | CUSIP: N/A<br>LEI: 724500K5PTPSST86UQ23       | Long             | EC               | CORP              | NL        |     66259 | NS      | $5395686.54   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                           | Alphabet Inc                               | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     82901 | NS      | $26538268.12  | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Lloyds Banking Group PLC               | Lloyds Banking Group PLC                   | CUSIP: N/A<br>LEI: 549300PPXHEU2JF0AM85       | Long             | EC               | CORP              | GB        |   5786867 | NS      | $7364379.23   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd                 | Agnico Eagle Mines Ltd                     | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |     45095 | NS      | $7866979.18   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Imperial Oil Ltd                       | Imperial Oil Ltd                           | CUSIP: 453038408<br>LEI: 549300JZNB745JT5WY51 | Long             | EC               | CORP              | CA        |    164011 | NS      | $16395818.60  | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVER Corp                             | NAVER Corp                                 | CUSIP: N/A<br>LEI: 988400ULUQYDB2HQYJ61       | Long             | EC               | CORP              | KR        |     31812 | NS      | $5278025.36   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| SMC Corp                               | SMC Corp                                   | CUSIP: N/A<br>LEI: 353800O40V08DOZ70X62       | Long             | EC               | CORP              | JP        |     26500 | NS      | $9310329.37   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                            | Oracle Corp                                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     84654 | NS      | $17095875.30  | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                         | Salesforce Inc                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     33822 | NS      | $7797323.88   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc                  | Texas Instruments Inc                      | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     38188 | NS      | $6425894.76   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Co                        | Weyerhaeuser Co                            | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |    324334 | NS      | $7203458.14   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheaton Precious Metals Corp           | Wheaton Precious Metals Corp               | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |    140039 | NS      | $15411291.95  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                            | Workday Inc                                | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     20286 | NS      | $4374067.32   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| MS&AD Insurance Group Holdings         | MS&AD Insurance Group Holdings Inc         | CUSIP: N/A<br>LEI: 529900CXROT5S2HMMP26       | Long             | EC               | CORP              | JP        |    324800 | NS      | $7204839.79   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Ltd                          | AIA Group Ltd                              | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               | CORP              | HK        |    605200 | NS      | $6265259.80   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| SGS SA                                 | SGS SA                                     | CUSIP: N/A<br>LEI: 2138007JNS19JHNA2336       | Long             | EC               | CORP              | CH        |     17808 | NS      | $2043562.79   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                     | Analog Devices Inc                         | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     24553 | NS      | $6514893.02   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Rad Laboratories Inc               | Bio-Rad Laboratories Inc                   | CUSIP: 090572207<br>LEI: 549300ZC1GPV35XYDK53 | Long             | EC               | CORP              | US        |     24977 | NS      | $8114028.22   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitt         | LVMH Moet Hennessy Louis Vuitton SE        | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |     18703 | NS      | $13791620.54  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck KGaA                             | Merck KGaA                                 | CUSIP: N/A<br>LEI: 529900OAREIS0MOPTW25       | Long             | EC               | CORP              | DE        |     87396 | NS      | $11763539.53  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutrien Ltd                            | Nutrien Ltd                                | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |     94553 | NS      | $5500148.01   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Secom Co Ltd                           | Secom Co Ltd                               | CUSIP: N/A<br>LEI: 529900TYCL9N3E9PGE47       | Long             | EC               | CORP              | JP        |    186800 | NS      | $6312968.21   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                              | Nestle SA                                  | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |     72100 | NS      | $7166906.99   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd                                | SLB Ltd                                    | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |    305801 | NS      | $11082228.24  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Hoshizaki Corp                         | Hoshizaki Corp                             | CUSIP: N/A<br>LEI: 5299001QAMLGU3SRBG20       | Long             | EC               | CORP              | JP        |     92500 | NS      | $3120738.77   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                           | Unilever PLC                               | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |    187775 | NS      | $11334349.22  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                          | Medtronic PLC                              | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |     99064 | NS      | $10434411.12  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| adidas AG                              | adidas AG                                  | CUSIP: N/A<br>LEI: 549300JSX0Z4CW0V5023       | Long             | EC               | CORP              | DE        |      7070 | NS      | $1315867.77   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Henkel AG & Co KGaA                    | Henkel AG & Co KGaA                        | CUSIP: N/A<br>LEI: 549300VZCL1HTH4O4Y49       | Long             | EP               | CORP              | DE        |     51524 | NS      | $4159895.94   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambev SA                               | Ambev SA                                   | CUSIP: 02319V103<br>LEI: 549300TH5Q6VRP8OT012 | Long             | EC               | CORP              | BR        |   2518749 | NS      | $6397622.46   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                             | Diageo PLC                                 | CUSIP: N/A<br>LEI: 213800ZVIELEA55JMJ32       | Long             | EC               | CORP              | GB        |    137453 | NS      | $3157674.55   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE Systems PLC                        | BAE Systems PLC                            | CUSIP: N/A<br>LEI: 8SVCSVKSGDWMW2QHOH83       | Long             | EC               | CORP              | GB        |    348509 | NS      | $7614090.81   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co                   | Colgate-Palmolive Co                       | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     87198 | NS      | $7009847.22   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Corp of Canada                   | Power Corp of Canada                       | CUSIP: 739239101<br>LEI: 549300BE2CB8T87IJV50 | Long             | EC               | CORP              | CA        |    158954 | NS      | $8093010.20   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                      | Omnicom Group Inc                          | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     57146 | NS      | $4092796.52   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                              | ONEOK Inc                                  | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     83809 | NS      | $6102971.38   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Cie Financiere Richemont SA            | Cie Financiere Richemont SA                | CUSIP: N/A<br>LEI: 549300YIPGJ6UX2QPS51       | Long             | EC               | CORP              | CH        |     61955 | NS      | $13137761.80  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd              | Alibaba Group Holding Ltd                  | CUSIP: N/A<br>LEI: 5493001NTNQJDH60PM02       | Long             | EC               | CORP              | HK        |    498000 | NS      | $9690520.38   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Noble Corp PLC                         | Noble Corp PLC                             | CUSIP: N/A<br>LEI: 549300I3HBUNXO0OG954       | Long             | EC               | CORP              | US        |    317595 | NS      | $9724758.90   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                           | Newmont Corp                               | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    133714 | NS      | $12131871.22  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Shimano Inc                            | Shimano Inc                                | CUSIP: N/A<br>LEI: 529900L32YT3P9DECR10       | Long             | EC               | CORP              | JP        |     43100 | NS      | $4551291.57   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries Inc                     | PPG Industries Inc                         | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |     58330 | NS      | $5835333.20   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                                   | Taiwan Semiconductor Manufacturing Co Ltd  | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     51756 | NS      | $15087391.56  | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosus NV                              | Prosus NV                                  | CUSIP: N/A<br>LEI: 635400Z5LQ5F9OLVT688       | Long             | EC               | CORP              | NL        |    248399 | NS      | $15639328.55  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                              | Shell PLC                                  | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |    185319 | NS      | $6851003.52   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson PLC               | Willis Towers Watson PLC                   | CUSIP: N/A<br>LEI: 549300WHC56FF48KL350       | Long             | EC               | CORP              | GB        |     31324 | NS      | $10055004.00  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrick Mining Corp                    | Barrick Mining Corp                        | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |    365455 | NS      | $15107909.70  | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp                    | Dollar General Corp                        | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |     58123 | NS      | $6363887.27   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                     | Meta Platforms Inc                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     28870 | NS      | $18706316.50  | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial In         | Fidelity National Financial Inc            | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |     47876 | NS      | $2845270.68   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc                     | HCA Healthcare Inc                         | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |     40584 | NS      | $20628441.36  | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Pernod Ricard SA                       | Pernod Ricard SA                           | CUSIP: N/A<br>LEI: 52990097YFPX9J0H5D87       | Long             | EC               | CORP              | FR        |     24219 | NS      | $2180190.55   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                             | US Bancorp                                 | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     86640 | NS      | $4249692.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Haleon PLC                             | Haleon PLC                                 | CUSIP: N/A<br>LEI: 549300PSB3WWEODCUP19       | Long             | EC               | CORP              | GB        |   1578175 | NS      | $7748194.58   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                    | American Express Co                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     18785 | NS      | $6861596.95   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| CH Robinson Worldwide Inc              | CH Robinson Worldwide Inc                  | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |    113560 | NS      | $18041277.20  | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Wa         | Expeditors International of Washington Inc | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |     66390 | NS      | $9752691.00   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Investor AB                            | Investor AB                                | CUSIP: W5R777115<br>LEI: 549300VEBQPHRZBKUX38 | Long             | EC               | CORP              | SE        |    236219 | NS      | $8041476.58   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| British American Tobacco PLC           | British American Tobacco PLC               | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |    303544 | NS      | $17763588.07  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/T         | Bank of New York Mellon Corp/The           | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |    104752 | NS      | $11742699.20  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Fomento Economico Mexicano SAB         | Fomento Economico Mexicano SAB de CV       | CUSIP: 344419106<br>LEI: 549300A8MDWDJNMLV153 | Long             | EC               | CORP              | MX        |    100238 | NS      | $9616833.72   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Danone SA                              | Danone SA                                  | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |     99754 | NS      | $8912704.66   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Franco-Nevada Corp                     | Franco-Nevada Corp                         | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |     57569 | NS      | $12035338.19  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| CK Asset Holdings Ltd                  | CK Asset Holdings Ltd                      | CUSIP: N/A<br>LEI: 5299006GJZSGP78B8S35       | Long             | EC               | CORP              | HK        |    807500 | NS      | $4140360.79   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd             | Samsung Electronics Co Ltd                 | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |    312919 | NS      | $21383986.33  | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International In         | Philip Morris International Inc            | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     65125 | NS      | $10255885.00  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services Inc          | Universal Health Services Inc              | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |     50575 | NS      | $12321587.25  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Schindler Holding AG                   | Schindler Holding AG                       | CUSIP: N/A<br>LEI: 5299007DRLI319H7Q933       | Long             | EC               | CORP              | CH        |     29617 | NS      | $10584085.42  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-26

**Name of Applicant:** RBB Fund Trust

**Signature:** /s/ James G. Shaw

**Name of Signer:** RBB Fund Trust

**Title:** CFO COO Secretary