Exhibit (h)(2)

AB ACTIVE ETFs, INC.
66 Hudson Boulevard East
New York, NY 10001

May 23, 2025

STATE STREET BANK AND TRUST COMPANY
John Adams Building
1776 Heritage Drive
North Quincy, Massachusetts 02171
Attention: Steve Bagley
Telephone: 617-537-3333

with a copy to:

STATE STREET BANK AND TRUST COMPANY

State Street Bank and Trust Company

1 Congress Street, Suite 1

Boston, MA 02114-2016

Attention: Senior Vice President and Senior Managing Counsel

Re: AB ACTIVE ETFs, INC. (the “Fund”)

Ladies and Gentlemen:

Please be advised that the undersigned Fund has established new portfolio series known as AB Emerging Markets Opportunities ETF (the “Portfolio”).

In accordance with Section 1, Appointment of Administrator provision, of the Administration Agreement dated as of August 8, 2022, as amended, modified, or supplemented from time to time (the “Agreement”), by and between AB Active ETFs, Inc. and State Street Bank and Trust Company (“State Street”), the undersigned Fund hereby requests that State Street act as Administrator for the new Portfolio under the terms of the Agreement, and that Schedule A to the Agreement be hereby amended and restated as set forth on Exhibit A attached hereto. Further, the undersigned Fund hereby requests that State Street as Administrator render services to the new Portfolio in accordance with Schedule B6 to the Agreement, and that Annex I to Schedule B6 be hereby amended and restated as set forth on Exhibit B attached hereto. In

 

 

 
 

 

connection with such request, the undersigned Fund hereby confirms, as of the date hereof, its representations and warranties set forth in Section 4 of the Agreement.

Please indicate your acceptance of the foregoing by executing this letter agreement and returning a copy to the Fund.

  Sincerely,
   
  By:   /s/ Richard A. Leahy
  Name: Richard A. Leahy
  Title: Assistant Secretary, Duly Authorized

 

 

Agreed and Accepted:

STATE STREET BANK AND TRUST COMPANY

By:   /s/ Steven E. Bagley
Name: Steven Bagley
Title: Managing Director, Duly Authorized
Effective Date: May 29, 2025

 

 

 

 

 
 

 

 

EXHIBIT A

ADMINISTRATION AGREEMENT

SCHEDULE A
Listing of Portfolios

AB Active ETFs, Inc.

AB Ultra Short Income ETF

AB Tax-Aware Short Duration Municipal ETF

AB Disruptors ETF

AB US High Dividend ETF

AB US Low Volatility Equity ETF

AB High Yield ETF

AB US Large Cap Strategic Equities ETF

AB Conservative Buffer ETF

AB Core Plus Bond ETF

AB Corporate Bond ETF

AB Tax-Aware Intermediate Municipal ETF

AB Tax-Aware Long Municipal ETF

AB Short Duration Income ETF

AB Short Duration High Yield ETF

AB International Low Volatility Equity ETF

AB International Buffer ETF

AB Moderate Buffer ETF

AB Emerging Markets Opportunities ETF

 

 

 
 

 

EXHIBIT B

ANNEX I

AB Active ETFs, Inc.

Further to the Amendment to the Administration Agreement dated as of August 8, 2022 between AB Active ETFs, Inc. (the “Company”) and State Street Bank and Trust Company (the “Administrator”), the Company and the Administrator mutually agree to update this Annex I by adding Portfolio as applicable:

Form N-PORT Services and Quarterly Portfolio of Investments Services  
AB Active ETFs, Inc.

Service Type
Standard

N-PORT and N- CEN

Reporting Solution

(Data and Filing)

 

AB Ultra Short Income ETF Monthly
AB Tax-Aware Short Duration Municipal ETF Monthly
AB Disruptors ETF Monthly
AB US High Dividend ETF Monthly
AB US Low Volatility Equity ETF Monthly
AB High Yield ETF Monthly
AB US Large Cap Strategic Equities ETF Monthly
AB Tax-Aware Long Municipal ETF Monthly
AB Conservative Buffer ETF Monthly
AB Core Plus Bond ETF Monthly
AB Corporate Bond ETF Monthly
AB Tax-Aware Intermediate Municipal ETF Monthly
AB Short Duration Income ETF Monthly
AB Short Duration High Yield ETF Monthly
AB International Low Volatility Equity ETF Monthly
AB International Buffer ETF Monthly
AB Moderate Buffer ETF Monthly
AB Emerging Markets Opportunities ETF Monthly

 

 
Form N-CEN Services
AB Active ETFs, Inc.

 

 

 
 

 

IN WITNESS WHEREOF, the undersigned, by their authorized representatives, have executed this Annex 1 as of the last signature date set forth below.

AB ACTIVE ETFs, INC.   STATE STREET BANK AND TRUST COMPANY
     
By: /s/ Richard A. Leahy   By: /s/ Steven E. Bagley
  Name:  Richard A. Leahy     Name:  Steven Bagley
  Title:    Assistant Secretary     Title:    Managing Director
  Address:

66 Hudson Boulevard East

New York, NY 10001

    Address:

1 Congress St.

Boston, MA 02114

  Date: May 23, 2025     Date: May 29, 2025