Schedule H, Line 4i – Schedule of Assets (Held At End of Year)

12 Months Ended

Dec. 31, 2025

EBP 002

EBP, Schedule of Asset Held for Investment [Line Items]

Schedule H, Line 4i – Schedule of Assets (Held At End of Year)

EIN 54-1719854 Plan No. 002

Schedule H, Line 4i—Schedule of Assets (Held at End of Year)

December 31, 2025


(a)						(b) Identity of Issue, Borrower, Lessor or Similar Party						(c) Description of Investment Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value
												Shares/Rate									(e) Current Value



						Collective investment trusts (“CIT”):
**						State Street S&P 500 Index Fund						28,723,778			shares						4,377,618,687
						BlackRock LifePath 2050						15,812,191			shares						1,098,275,271
						BlackRock LifePath 2055						20,003,307			shares						1,021,054,824
						BlackRock LifePath 2045						14,792,769			shares						948,627,767
						BlackRock LifePath 2040						12,270,135			shares						706,617,465
						BlackRock LifePath 2060						26,149,109			shares						760,774,344
						BlackRock LifePath 2035						10,283,488			shares						524,155,576
						BlackRock LifePath 2030						8,096,259			shares						359,916,785
						BlackRock Russell 2500 Index Fund						5,922,588			shares						334,191,421
						BlackRock U.S. Debt Index						7,380,857			shares						120,691,787
						BlackRock LifePath 2065						14,401,600			shares						298,553,827
						BlackRock LifePath Retirement						8,018,857			shares						239,317,986
						Prudential Core Plus Bond Fund						2,037,421			shares						410,397,812
*						Spartan Global ex U.S. Index Fund						1,832,536			shares						340,869,949
						BlackRock Strategic Completion						1,366,148			shares						20,819,289
						BlackRock LifePath 2070						718,545			shares						8,671,627
						Self-managed funds:













* **						U.S. Small/Mid Cap Equity Fund						Various RIC, CIT, and common stocks									539,061,023






* **						International Equity Fund						Various RIC, CIT, and common stocks									645,574,129
*						Participant-directed brokerage accounts:
						Fidelity BrokerageLink						Various mutual funds and common stocks									553,611,158
						Fully benefit-responsive investment contracts:
						IGT Invesco Short Term Bond Fund															235,040,063
						IGT Invesco Intermediate Fund															51,998,486
						IGT Jennison Intermediate Fund															51,983,586
						IGT Invesco Core Fixed Income Fund															26,015,370
						IGT Pimco Intermediate Fund															26,024,033
						IGT Pimco Core Fixed Income Fund															26,013,089
						IGT Loomis Sayles Core Fixed Income Fund															26,010,199
						IGT Loomis Sayles Intermediate Fund															25,998,383
*						IGT Dodge & Cox Core Fixed Income Fund															26,028,915
						Wrapped holdings						507,086,870			shares						495,112,124
						Cash & equivalents						14,014,817			par						14,094,805
**						Capital One Stable Value Fund (Invesco)															509,206,929
**						Capital One Stock Fund:
						Corporate common stock						2,483,012			shares						601,782,789
						Cash & equivalents						16,587,958			par						16,587,958
						Total Capital One Stock Fund															618,370,747
						Total investments															14,436,378,403
						Transfer due from Discover Financial Services 401k Plan															3,686,127,902
*						Participant notes receivable, maturing through 2035						3.25% - 10.5% interest rates									209,666,914
						Total as of December 31, 2025															$18,332,173,219

__________

* Indicates a party-in-interest to the Plan.

** Detailed holding listing follows this supplemental schedule

Note: Column (d) is not applicable as all investments are participant-directed.