MATTHEWS INTL FDS

Ticker: INDE CUSIP: 577130610 Class: INDIA ACTIVE ETF

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

Increased Positions (4)

Navis Wealth Advisors, LLC

Value ($000) $499 (+8.8%) Shares 16,636 (+6.7%)

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $561 (+93.6%) Shares 18,690 (+89.8%)

Freedom Financial Partners LLC

Value ($000) $232 (+3.5%) Shares 7,717 (+1.5%)

Parallel Advisors, LLC

Value ($000) $41 (+3.8%) Shares 1,365 (+1.7%)

Institution	Prev Shares	Curr Shares	Change
Navis Wealth Advisors, LLC	15,596	16,636	+1,040 (+6.7%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP	9,846	18,690	+8,844 (+89.8%)
Freedom Financial Partners LLC	7,604	7,717	+113 (+1.5%)
Parallel Advisors, LLC	1,342	1,365	+23 (+1.7%)

Decreased Positions (2)

JANE STREET GROUP, LLC

Value ($000) $350 (-41.4%) Shares 11,661 (-42.5%)

Value ($000) $12 (-55.8%) Shares 386 (-56.6%)

Institution	Prev Shares	Curr Shares	Change
JANE STREET GROUP, LLC	20,285	11,661	-8,624 (-42.5%)
UBS Group AG	890	386	-504 (-56.6%)

Exited Positions (1)

OLD MISSION CAPITAL LLC

Value ($000) $293 Shares 9,948

Institution	Prev Shares	Prev Value ($000)
OLD MISSION CAPITAL LLC	9,948	$293