AMENDED AND RESTATED

EXPENSE REIMBURSEMENT AGREEMENT

This Amended and Restated Expense Reimbursement Agreement (the “Agreement”) is made this 4^th day of March, 2026, by and between WVB All Markets Fund, a Delaware statutory trust (the “Fund”), and Wellington Management Company LLP, a Delaware limited liability partnership (the “Adviser”).

WHEREAS, on October 21, 2025, the Fund and the Adviser entered into the Expense Reimbursement Agreement (the “Original Agreement”);

WHEREAS, the Fund and the Adviser desire to amend the Original Agreement;

WHEREAS, the Fund is a non-diversified, closed-end management investment company that is operated as an interval fund and registered as an investment company under the Investment Company Act of 1940, as amended (the “1940 Act”);

WHEREAS, the Fund has retained the Adviser to furnish investment advisory services to the Fund on the terms and conditions set forth in the investment management agreement, dated October 21, 2025, entered between the Fund and the Adviser, as may be amended or restated (the “Investment Management Agreement”);

WHEREAS, the Fund will invest a portion of its assets in investment vehicles (“Blackstone Underlying Funds”) managed by affiliates of Blackstone Inc. (together with its affiliates, “Blackstone”);

WHEREAS, certain Blackstone Underlying Funds may charge incentive-based compensation, including incentive fees and performance-based allocations (collectively, “incentive fees”); and

WHEREAS, the Fund and the Adviser have determined that it may be appropriate and in the best interests of the Fund for the Adviser to reimburse certain amounts to the Fund under certain conditions, as described herein.

NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration, the parties hereby agree as follows:

In the event that the Fund has a net total return (including any distributions) over a Reimbursement Period (defined below) that is less than 0% (using the net total return of the Fund’s Class I Shares or any other lower-cost share class subsequently launched as a proxy for the Fund’s net total return) and Blackstone received incentive fees attributable to the Fund’s investments in Blackstone Underlying Funds during such period, the Adviser shall reimburse the Fund a certain amount as specified below (the “Reimbursement”). The Reimbursement will be made to the Fund and divided proportionally among each share class of the Fund based on net assets, not only to the Class I Shares. The Reimbursement shall generally be the lesser of (i) the amount that would result in the net total return (including any distributions) of the Fund’s Class I Shares (or any other lower cost share class subsequently launched) over the Reimbursement Period equaling 0% as if the entire Fund had experienced the net total return (including distributions) of that share class over the Reimbursement Period; and (ii) the total incentive fees received by Blackstone attributable to the Fund’s investments in Blackstone Underlying Funds over the Reimbursement Period. The “Reimbursement Period” shall be: (i) initially, the period from the date on which the Fund commences operations until December 31 of the following calendar year (for example, if the Fund commences operations on April 1, 2026, the initial Reimbursement Period would be April 1, 2026 – December 31, 2027); and (ii) thereafter, January 1 through December 31 of the following year (in the example above, the second Reimbursement Period would be January 1, 2028 – December 31, 2028). A lower-cost share class subsequently launched will be used as the proxy for the Fund’s net total return instead of Class I only if that share class was operational for the entire Reimbursement Period in question.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their duly authorized representatives as of the date first written above.

[Signature Page to Amended and Restated

Expense Reimbursement Agreement]