SCHEDULE A
to the
INVESTMENT SUB-ADVISORY AGREEMENT
Dated July 25, 2018 between
DEFIANCE ETFS, LLC
and
PENSERRA CAPITAL MANAGEMENT LLC
and
ETF SERIES SOLUTIONS

The Adviser will pay to the Sub-Adviser as compensation for the Sub-Adviser’s services rendered, a fee, computed daily at an annual rate based on the daily net assets of the respective Fund in accordance with the following fee schedule:
Fund
Rate
Defiance Quantum ETF
0.0375%
Defiance Connective Technologies ETF
Defiance Drone and Modern Warfare ETF
0.0375%, $15k annual minimum

IN WITNESS WHEREOF, the parties hereto have caused this Schedule A to be signed on their behalf by their duly authorized officers as of July 10, 2025.
DEFIANCE ETFS, LLC
By: /s/ Jacob Ingram
Name: Jacob Ingram
Title: President
PENSERRA CAPITAL MANAGEMENT LLC
By: /s/ Dustin Lewellyn
Name: Dustin Lewellyn
Title: Partner / Chief Investment Officer
ETF SERIES SOLUTIONS
By: /s/ Noelle-Nadia A. Filali
Name: Noelle-Nadia A. Filali
Title: Assistant Secretary