1-K LIVE 0001979634 XXXXXXXX N N true 12-31-2025 Annual Report 12-31-2025 1 WORLD TRADE CENTER, 57TH FLOOR NEW YORK NY 10007 203-518-5172 Series 301 Class A Ordinary Shares, Series 302 Class A Ordinary Shares, Series 303 Class A Ordinary Shares, Series 304 Class A Ordinary Shares, Series 305 Class A Ordinary Shares, Series 306 Class A Ordinary Shares, Series 307 Class A Ordinary Shares, Series 308 Class A Ordinary Shares, Series 310 Class A Ordinary Shares, Series 311 Class A Ordinary Shares, Series 312 Class A Ordinary Shares, Series 313 Class A Ordinary Shares, Series 314 Class A Ordinary Shares, Series 317 Class A Ordinary Shares, Series 321 Class A Ordinary Shares, Series 322 Class A Ordinary Shares, Series 324 Class A Ordinary Shares, Series 328 Class A Ordinary Shares, Series 331 Class A Ordinary Shares, Series 333 Class A Ordinary Shares, Series 335 Class A Ordinary Shares, Series 341 Class A Ordinary Shares, Series 342 Class A Ordinary Shares, Series 347 Class A Ordinary Shares, Series 364 Class A Ordinary Shares, Series 378 Class A Ordinary Shares, Series 379 Class A Ordinary Shares, Series 382 Class A Ordinary Shares, Series 394 Class A Ordinary Shares, Series 397 Class A Ordinary Shares, Series 399 Class A Ordinary Shares, Series 401 Class A Ordinary Shares, Series 402 Class A Ordinary Shares, Series 406 Class A Ordinary Shares, Series 408 Class A Ordinary Shares, Series 409 Class A Ordinary Shares, Series 410 Class A Ordinary Shares, Series 438 Class A Ordinary Shares, Series 461 Class A Ordinary Shares, Series 495 Class A Ordinary Shares, Series 499 Class A Ordinary Shares, Series 504 Class A Ordinary Shares, Series 505 Class A Ordinary Shares, Series 509 Class A Ordinary Shares, Series 514 Class A Ordinary Shares, Series 515 Class A Ordinary Shares Masterworks Vault 2, LLC 0001979634 DE 93-1570482 true