Exhibit 99.(d)(2)
SCHEDULE 1
| Name of Portfolio | Annual Fee as a Percentage of Average Daily Net Assets |
Initial Reapproval Date | ||
| Lazard Emerging Markets Opportunities ETF | .74% | June 30, 2026 | ||
| Lazard Equity Megatrends ETF | .60% | June 30, 2026 | ||
| Lazard Listed Infrastructure ETF | .96% | June 30, 2027 | ||
| Lazard International Dynamic Equity ETF | .40% | June 30, 2026 | ||
| Lazard Japanese Equity ETF | .60% | June 30, 2026 | ||
| Lazard Next Gen Technologies ETF | .60% | June 30, 2026 | ||
| Lazard US Systematic Small Cap Equity ETF | .60% | June 30, 2026 |
Approved as of: September 30, 2025