# EDGAR Filing Document

**Accession Number:** 0001548609
**File Stem:** 0000894189-26-005980
**Filing Date:** 2026-2
**Character Count:** 26014
**Document Hash:** a0649002bd2ace71f16a1cb756a09575
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-005980.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000894189-26-005980

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Brown Advisory Funds
- **CENTRAL INDEX KEY:** 0001548609

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22708
- **FILM NUMBER:** 26684966

**BUSINESS ADDRESS:**
- **STREET 1:** 901 SOUTH BOND STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-537-5400

**MAIL ADDRESS:**
- **STREET 1:** 901 SOUTH BOND STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

## Series and Classes Contracts Data

### Brown Advisory - WMC Strategic European Equity Fund (Series ID: S000042683)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000131937 | Institutional Shares | BAFHX           |
| C000131938 | Investor Shares      | BIAHX           |
| C000131939 | Advisor Shares       | BAHAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Brown Advisory Funds

- **b. Investment Company Act file number:** 811-22708

- **c. CIK number of Registrant:** 0001548609

- **d. LEI of Registrant:** 254900ZS9LW6H6GM4251

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

  - **Street Address 1:** 901 South Bond Street, Suite 400

  - **City:** Baltimore

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21231

  - **Telephone number:** 4105375400

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

- **a. Name of Series:** Brown Advisory - WMC Strategic European Equity Fund

- **b. EDGAR series identifier (if any):** S000042683

- **c. LEI of Series:** 549300UMYQLY5V8U0785

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

- **a. Date of fiscal year-end:** 2026-06-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $703466612.15

**Total Liabilities:** $2042927.13

**Net Assets:** $701423685.02

**Delayed Delivery Securities:** $588594.29

**Cash Not Reported:** $8562599.06

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000131937 | -0.75%               | 2.16%                | 2.22%                |
| Class ID C000131938 | -0.75%               | 2.12%                | 2.19%                |
| Class ID C000131939 | -0.77%               | 2.10%                | 2.16%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5484172.51              | $-11610042.26                              |
| Month 2  | $1580633.16              | $12953099.81                               |
| Month 3  | $14669582.37             | $833135.15                                 |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| United Internet AG             | United Internet AG                         | CUSIP: N/A<br>LEI: 3VEKWPJHTD4NKMBVG947       | Long             | EC               | CORP              | DE        |    388998 | NS      | $12554795.25  | 1.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Tecnicas Reunidas SA           | Tecnicas Reunidas SA                       | CUSIP: N/A<br>LEI: 213800JEZBUPZKWJGF49       | Long             | EC               | CORP              | ES        |    114341 | NS      | $3697423.41   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Galderma Group AG              | Galderma Group AG                          | CUSIP: N/A<br>LEI: 89450001OK6O8ELQ4584       | Long             | EC               | CORP              | CH        |     48782 | NS      | $9933618.21   | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| SPIE SA                        | SPIE SA                                    | CUSIP: N/A<br>LEI: 969500TJNS5GSFWJ8X85       | Long             | EC               | CORP              | FR        |    231874 | NS      | $13367849.75  | 1.91%             |  |  |  | No            |                  2 | On Loan: No      |
| RS GROUP PLC                   | RS GROUP PLC                               | CUSIP: N/A<br>LEI: 549300KVXDURRKVW7R37       | Long             | EC               | CORP              | GB        |   1791685 | NS      | $15021689.71  | 2.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Hill & Smith PLC               | Hill & Smith PLC                           | CUSIP: N/A<br>LEI: 2138003A3ISGQZBOWI83       | Long             | EC               | CORP              | GB        |    119098 | NS      | $3418447.16   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| KBC Group NV                   | KBC Group NV                               | CUSIP: N/A<br>LEI: 213800X3Q9LSAKRUWY91       | Long             | EC               | CORP              | BE        |    137297 | NS      | $17880994.49  | 2.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Vossloh AG                     | Vossloh AG                                 | CUSIP: N/A<br>LEI: 5299003HAEOUVX3HWX43       | Long             | EC               | CORP              | DE        |     35032 | NS      | $3126403.12   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Jeronimo Martins SGPS SA       | Jeronimo Martins SGPS SA                   | CUSIP: N/A<br>LEI: 259400A8SZP10GB5IB19       | Long             | EC               | CORP              | PT        |    522732 | NS      | $12439098.80  | 1.77%             |  |  |  | No            |                  2 | On Loan: No      |
| NOBA Bank Group AB             | NOBA Bank Group AB                         | CUSIP: N/A<br>LEI: 21380057HUGFEAF25W84       | Long             | EC               | CORP              | SE        |    304236 | NS      | $3881164.68   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Royal Unibrew A/S              | Royal Unibrew A/S                          | CUSIP: N/A<br>LEI: 529900D69KFL8IAP8Q63       | Long             | EC               | CORP              | DK        |    141387 | NS      | $12758365.57  | 1.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Heidelberg Materials AG        | Heidelberg Materials AG                    | CUSIP: N/A<br>LEI: LZ2C6E0W5W7LQMX5ZI37       | Long             | EC               | CORP              | DE        |     49436 | NS      | $12816616.01  | 1.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Bunzl PLC                      | Bunzl PLC                                  | CUSIP: N/A<br>LEI: 213800Q1Q9DV4L78UM09       | Long             | EC               | CORP              | GB        |    626205 | NS      | $17486073.40  | 2.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Brenntag SE                    | Brenntag SE                                | CUSIP: N/A<br>LEI: NNROIXVWJ7CPSR27SV97       | Long             | EC               | CORP              | DE        |    296441 | NS      | $17206630.64  | 2.45%             |  |  |  | No            |                  2 | On Loan: No      |
| FUCHS SE                       | FUCHS SE                                   | CUSIP: N/A<br>LEI: 529900SNF9E1P5ZO4P98       | Long             | EP               | CORP              | DE        |    163140 | NS      | $7265705.78   | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Smiths Group PLC               | Smiths Group PLC                           | CUSIP: N/A<br>LEI: 213800MJL6IPZS3ASA11       | Long             | EC               | CORP              | GB        |    562309 | NS      | $17785912.42  | 2.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Unilever PLC                   | Unilever PLC                               | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |    434460 | NS      | $28386274.96  | 4.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Publicis Groupe SA             | Publicis Groupe SA                         | CUSIP: N/A<br>LEI: 2138004KW8BV57III342       | Long             | EC               | CORP              | FR        |    219603 | NS      | $22805243.78  | 3.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Trelleborg AB                  | Trelleborg AB                              | CUSIP: N/A<br>LEI: 213800XY16PAWG2PAD14       | Long             | EC               | CORP              | SE        |    149711 | NS      | $6328517.60   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| UCB SA                         | UCB SA                                     | CUSIP: N/A<br>LEI: 2138008J191VLSGY5A09       | Long             | EC               | CORP              | BE        |     38341 | NS      | $10682809.56  | 1.52%             |  |  |  | No            |                  2 | On Loan: No      |
| DSV A/S                        | DSV A/S                                    | CUSIP: N/A<br>LEI: 529900X41C0BSLK67H70       | Long             | EC               | CORP              | DK        |     33569 | NS      | $8454571.75   | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Sampo Oyj                      | Sampo Oyj                                  | CUSIP: N/A<br>LEI: 743700UF3RL386WIDA22       | Long             | EC               | CORP              | FI        |    882070 | NS      | $10671988.62  | 1.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Rotork PLC                     | Rotork PLC                                 | CUSIP: N/A<br>LEI: 213800AH5RZIHGWRJ718       | Long             | EC               | CORP              | GB        |   1717134 | NS      | $7516867.67   | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Elis SA                        | Elis SA                                    | CUSIP: N/A<br>LEI: 969500UX71LCE8MAY492       | Long             | EC               | CORP              | FR        |    562541 | NS      | $15962355.40  | 2.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Permanent TSB Group Holdings P | Permanent TSB Group Holdings PLC           | CUSIP: N/A<br>LEI: 635400DTNHVYGZODKQ93       | Long             | EC               | CORP              | IE        |    609226 | NS      | $2054806.06   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Beazley PLC                    | Beazley PLC                                | CUSIP: N/A<br>LEI: 213800VTOMUWD41GIT12       | Long             | EC               | CORP              | GB        |   1118869 | NS      | $12511815.52  | 1.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Sulzer AG                      | Sulzer AG                                  | CUSIP: N/A<br>LEI: 529900NZ6MAST5IJF669       | Long             | EC               | CORP              | CH        |     47160 | NS      | $8707071.38   | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| British American Tobacco PLC   | British American Tobacco PLC               | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |    607881 | NS      | $34461045.68  | 4.91%             |  |  |  | No            |                  2 | On Loan: No      |
| ABB Ltd                        | ABB Ltd                                    | CUSIP: N/A<br>LEI: 5493000LKVGOO9PELI61       | Long             | EC               | CORP              | CH        |    111051 | NS      | $8186407.74   | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Alfa Laval AB                  | Alfa Laval AB                              | CUSIP: N/A<br>LEI: 549300UCKT2UK88AG251       | Long             | EC               | CORP              | SE        |    176814 | NS      | $8865694.39   | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| AIB Group PLC                  | AIB Group PLC                              | CUSIP: N/A<br>LEI: 635400AKJBGNS5WNQL34       | Long             | EC               | CORP              | IE        |   2096101 | NS      | $22408024.70  | 3.19%             |  |  |  | No            |                  2 | On Loan: No      |
| AlzChem Group AG               | AlzChem Group AG                           | CUSIP: N/A<br>LEI: 8945004EL7WZK3ERG181       | Long             | EC               | CORP              | DE        |     18449 | NS      | $3332497.52   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Dassault Aviation SA           | Dassault Aviation SA                       | CUSIP: N/A<br>LEI: 969500CVFTUT88V8QN95       | Long             | EC               | CORP              | FR        |     14522 | NS      | $4655829.90   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| IONOS Group SE                 | IONOS Group SE                             | CUSIP: N/A<br>LEI: 54930038KPLOYRDHV375       | Long             | EC               | CORP              | DE        |    230252 | NS      | $7180714.33   | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Assa Abloy AB                  | Assa Abloy AB                              | CUSIP: N/A<br>LEI: 549300YECS8HKCIMMB67       | Long             | EC               | CORP              | SE        |    318386 | NS      | $12299523.52  | 1.75%             |  |  |  | No            |                  2 | On Loan: No      |
| DiaSorin SpA                   | DiaSorin SpA                               | CUSIP: N/A<br>LEI: 8156002878BDF0EE4348       | Long             | EC               | CORP              | IT        |     40769 | NS      | $3272004.80   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Helvetia Baloise Holding AG    | Helvetia Baloise Holding AG                | CUSIP: N/A<br>LEI: 529900SUJBXTORH0LT80       | Long             | EC               | CORP              | CH        |     39858 | NS      | $10483176.21  | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Rheinmetall AG                 | Rheinmetall AG                             | CUSIP: N/A<br>LEI: 5299001OU9CSE29O6S05       | Long             | EC               | CORP              | DE        |      9386 | NS      | $17123749.03  | 2.44%             |  |  |  | No            |                  2 | On Loan: No      |
| National Bank of Greece SA     | National Bank of Greece SA                 | CUSIP: N/A<br>LEI: 5UMCZOEYKCVFAW8ZLO05       | Long             | EC               | CORP              | GR        |    347961 | NS      | $5307252.54   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Technip Energies NV            | Technip Energies NV                        | CUSIP: N/A<br>LEI: 724500FLODI49NSCIP70       | Long             | EC               | CORP              | FR        |    361251 | NS      | $13757092.47  | 1.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Magnum Ice Cream Co NV/The     | Magnum Ice Cream Co NV/The                 | CUSIP: N/A<br>LEI: 25490052LLF3XH6G9847       | Long             | EC               | CORP              | NL        |    657035 | NS      | $10513541.95  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryanair Holdings PLC           | Ryanair Holdings PLC                       | CUSIP: N/A<br>LEI: 635400BR2ROC1FVEBQ56       | Long             | EC               | CORP              | IE        |    143107 | NS      | $4933979.61   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Serco Group PLC                | Serco Group PLC                            | CUSIP: N/A<br>LEI: 549300PT2CIHYN5GWJ21       | Long             | EC               | CORP              | GB        |   2401666 | NS      | $9027906.75   | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Next PLC                       | Next PLC                                   | CUSIP: N/A<br>LEI: 213800WQD8ECPZP9PH98       | Long             | EC               | CORP              | GB        |     49055 | NS      | $9031000.70   | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Storebrand ASA                 | Storebrand ASA                             | CUSIP: N/A<br>LEI: 5967007LIEEXZX7NA051       | Long             | EC               | CORP              | NO        |    216304 | NS      | $3696799.45   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Konecranes Oyj                 | Konecranes Oyj                             | CUSIP: N/A<br>LEI: 549300EF0CDEQZBMA096       | Long             | EC               | CORP              | FI        |     42748 | NS      | $4681135.74   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Legrand SA                     | Legrand SA                                 | CUSIP: N/A<br>LEI: 969500XXRPGD7HCAFA90       | Long             | EC               | CORP              | FR        |     21109 | NS      | $3138118.73   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Pandora A/S                    | Pandora A/S                                | CUSIP: N/A<br>LEI: 5299007OWYZ6I1E46843       | Long             | EC               | CORP              | DK        |     29150 | NS      | $3223583.56   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Italgas SpA                    | Italgas SpA                                | CUSIP: N/A<br>LEI: 815600F25FF44EF1FA76       | Long             | EC               | CORP              | IT        |    615958 | NS      | $6870139.51   | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V567<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |  17331969 | NS      | $17331968.92  | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Holcim AG                      | Holcim AG                                  | CUSIP: N/A<br>LEI: 529900EHPFPYHV6IQO98       | Long             | EC               | CORP              | CH        |     98537 | NS      | $9592608.17   | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Ireland Group PLC      | Bank of Ireland Group PLC                  | CUSIP: N/A<br>LEI: 635400C8EK6DRI12LJ39       | Long             | EC               | CORP              | IE        |    787912 | NS      | $15069041.08  | 2.15%             |  |  |  | No            |                  2 | On Loan: No      |
| IMI PLC                        | IMI PLC                                    | CUSIP: N/A<br>LEI: 2138002W9Q21PF751R30       | Long             | EC               | CORP              | GB        |    188336 | NS      | $6282280.64   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Haleon PLC                     | Haleon PLC                                 | CUSIP: N/A<br>LEI: 549300PSB3WWEODCUP19       | Long             | EC               | CORP              | GB        |   4359452 | NS      | $22029891.03  | 3.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Genus PLC                      | Genus PLC                                  | CUSIP: N/A<br>LEI: 54930022EOITNKSIGH56       | Long             | EC               | CORP              | GB        |    169780 | NS      | $5925273.03   | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Komercni Banka AS              | Komercni Banka AS                          | CUSIP: N/A<br>LEI: IYKCAVNFR8QGF00HV840       | Long             | EC               | CORP              | CZ        |     92308 | NS      | $5204290.73   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Ryanair Holdings PLC           | Ryanair Holdings PLC                       | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |     93784 | NS      | $6770266.96   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Beiersdorf AG                  | Beiersdorf AG                              | CUSIP: N/A<br>LEI: L47NHHI0Z9X22DV46U41       | Long             | EC               | CORP              | DE        |     24392 | NS      | $2678658.94   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Bankinter SA                   | Bankinter SA                               | CUSIP: N/A<br>LEI: VWMYAEQSTOPNV0SUGU82       | Long             | EC               | CORP              | ES        |    875174 | NS      | $14506162.30  | 2.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Buzzi SpA                      | Buzzi SpA                                  | CUSIP: N/A<br>LEI: 5299003DX5YLKSVJ6K59       | Long             | EC               | CORP              | IT        |     65375 | NS      | $3951986.67   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Savills PLC                    | Savills PLC                                | CUSIP: N/A<br>LEI: 213800WXICGMBWHTA933       | Long             | EC               | CORP              | GB        |    298207 | NS      | $4003587.85   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Danone SA                      | Danone SA                                  | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |     63863 | NS      | $5760377.83   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Cyprus Holdings PLC    | Bank of Cyprus Holdings PLC                | CUSIP: N/A<br>LEI: 635400L14KNHZXPUZM19       | Long             | EC               | CORP              | CY        |     84725 | NS      | $790772.14    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Amrize Ltd                     | Amrize Ltd                                 | CUSIP: N/A<br>LEI: 529900SLCCO6K43P8146       | Long             | EC               | CORP              | CH        |    192965 | NS      | $10474366.76  | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Bilfinger SE                   | Bilfinger SE                               | CUSIP: N/A<br>LEI: 529900H0HULEN2BZ4604       | Long             | EC               | CORP              | DE        |     67182 | NS      | $8405787.41   | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Erste Group Bank AG            | Erste Group Bank AG                        | CUSIP: N/A<br>LEI: PQOH26KWDF7CG10L6792       | Long             | EC               | CORP              | AT        |    149558 | NS      | $17933398.68  | 2.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Fluidra SA                     | Fluidra SA                                 | CUSIP: N/A<br>LEI: 95980020140005026620       | Long             | EC               | CORP              | ES        |    372185 | NS      | $10083240.55  | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| RENK Group AG                  | RENK Group AG                              | CUSIP: N/A<br>LEI: 894500H8CNSZ53EI6K63       | Long             | EC               | CORP              | DE        |     65275 | NS      | $4068021.35   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-26

**Name of Applicant:** Brown Advisory Funds

**Signature:** /s/ Jason T. Meix

**Name of Signer:** Jason T. Meix

**Title:** Principal Financial Officer