AMENDMENT NO. 1
TO SCHEDULE A
to the
INVESTMENT SUB-ADVISORY AGREEMENT
Dated March 7, 2025
among
Empowered Funds, LLC, Sequoia Financial Group, LLC, and EA Series Trust
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 daily net assets of the respective Fund in accordance with the following fee schedule:
Sub-Advisory Fee Schedule
Fund
Fee
Effective Date
Sequoia Global Value ETF (SFGV)
(formerly known as CCM Global Equity ETF)
0.17%
March 7, 2025
Sequoia Select Equity Income ETF (SFEI)
0.20%
July 17, 2026
Sequoia Select Large Core ETF (SFLC)
0.20%
July 17, 2026
Sequoia Select Large Growth ETF (SFLG)
0.20%
July 17, 2026
Sequoia Select SMID ETF (SFSM)
0.20%
July 17, 2026
Sequoia Select Global Equity ETF (SFGS)
0.20%
July 17, 2026

IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 1 by their respective duly authorized officers as of July 17, 2026.

EMPOWERED FUNDS, LLC
By: /s/Sean Hegarty
Name: Sean Hegarty                      
Title: Chief Operating Officer      
EA SERIES TRUST
By: /s/Michael D. Barolsky
Name: Michael D. Barolsky            
Title: Vice President and Secretary
SEQUOIA FINANCIAL GROUP, LLC
By: /s/Justin Stets
Name: Justin Stets                     
Title: Executive Vice President