NuSHARES ETF TRUST RENEWAL OF MANAGEMENT AGREEMENTS

NuSHARES ETF TRUST

RENEWAL OF MANAGEMENT AGREEMENTS

Agreement made as of this 24th day of July 2018, by and between the entities listed on Appendix A (the “Funds”), and Nuveen Fund Advisors, LLC, a Delaware limited liability company (the “Adviser”), to be effective August 1, 2018.

WITNESSETH THAT:

WHEREAS, the parties hereto are the contracting parties under each certain Investment Management Agreement (the “Agreements”) pursuant to which the Adviser furnishes investment management and other services to each Fund; and

WHEREAS, each Agreement terminates August 1, 2018 unless continued in the manner required by the Investment Company Act of 1940; and

WHEREAS, the Board of Trustees, at meetings held May 22-24, 2018, have approved each Agreement and its continuance until August 1, 2019 in the manner required by the Investment Company Act of 1940.

NOW THEREFORE, in consideration of the mutual covenants contained in each Agreement the parties hereto do hereby continue each Agreement in effect until August 1, 2019 and ratify and confirm the Agreements in all respects.

						On behalf of the Nuveen Exchange-Traded Funds             Listed on Appendix A
						By:		/s/ Xxxxxxx X. Xxxxxxxxx
								Vice President
Attest:		/s/ Xxxxxxxx X’Xxxx
						NUVEEN FUND ADVISORS, LLC
						By:		/s/ Xxxxx X. XxXxxxxx
								Senior Managing Director
Attest:		/s/ Xxxxxxxx X’Xxxx

Appendix A

Fund		Effective Date		Term		Annual Fee Rate
NuShares Enhanced Yield U.S. Aggregate Bond ETF		August 2, 2016		August 1, 2018			0.20	%
NuShares Short-Term REIT ETF		December 5, 2016		August 1, 2018			0.35	%
NuShares ESG Large-Cap Growth ETF		December 7, 2016		August 1, 2018			0.35	%
NuShares ESG Large-Cap Value ETF		December 7, 2016		August 1, 2018			0.35	%
NuShares ESG Mid-Cap Growth ETF		December 7, 2016		August 1, 2018			0.40	%
NuShares ESG Mid-Cap Value ETF		December 7, 2016		August 1, 2018			0.40	%
NuShares ESG Small-Cap ETF		December 7, 2016		August 1, 2018			0.40	%
NuShares Enhanced Yield 1-5 Year U.S. Aggregate Bond ETF		March 9, 2017		August 1, 2018			0.20	%
NuShares ESG Emerging Markets Equity ETF		May 16, 2017		August 1, 2018			0.45	%
NuShares ESG International Developed Markets Equity ETF		May 16, 2017		August 1, 2018			0.40	%