AMENDMENT TO
SCHEDULE A
to the
INVESTMENT SUB-ADVISORY AGREEMENT
Dated October 9, 2025 between
DEFIANCE ETFS, LLC
and
MILLIMAN FINANCIAL RISK MANAGEMENT LLC
and
ETF SERIES SOLUTIONS
The Adviser will pay to the Sub-Adviser as compensation for the Sub-Adviser’s services rendered, a fee, computed daily at an annual rate based on the greater of (1) the minimum annual fee or (2) the daily aggregate net assets of the Funds listed below in accordance with the following fee schedule:
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Fund | Minimum Annual Fee | Rate |
Defiance GRNY Option Income ETF | $15,000 | 0.12% |
Defiance DRAM Option Income ETF | $15,000 | 0.12% |
Defiance BMNR Option Income ETF | $15,000 | 0.12% |
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IN WITNESS WHEREOF, the parties hereto have caused this Schedule A to be signed on their behalf by their duly authorized officers as of June 8, 2026.
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ETF SERIES SOLUTIONS, on behalf of each Fund listed on this Schedule A
By: /s/ Noelle-Nadia A. Filali Name: Noelle-Nadia A. Filali Title: Assistant Secretary |
DEFIANCE ETFS, LLC
By: /s/ Jacob Ingram Name: Jacob Ingram Title: President |
MILLIMAN FINANCIAL RISK MANAGEMENT LLC
By: /s/ Robert Cummings Name: Robert Cummings Title: Principal |