SCHEDULE A to the INVESTMENT ADVISORY AGREEMENT Dated January 27, 2020 between LISTED FUNDS TRUST and TRUEMARK INVESTMENTS, LLC

SCHEDULE A

to the

INVESTMENT ADVISORY AGREEMENT

Dated January 27, 2020 between

LISTED FUNDS TRUST

and

TRUEMARK INVESTMENTS, LLC

The Trust will pay to the Adviser as compensation for the Adviser’s services rendered, a fee, computed daily at an annual rate based on the average daily net assets of the respective Fund in accordance with the following fee schedule:

Fund			Rate
TrueShares Technology, AI & Deep Learning ETF			0.68%
TrueShares ESG Active Opportunities ETF			0.58%
TrueShares Structured Outcome ETFs (12 ETFs)			0.79%
TrueShares Nasdaq 100 Structured Outcome ETFs (4 ETFs)			0.79%
TrueShares Xxxxxxx 2000 Structured Outcome ETFs (4 ETFs)			0.79%
TrueShares Low Volatility Equity Income ETF			0.65%
RiverNorth Volition America Patriot ETF			0.70%

IN WITNESS WHEREOF, the parties hereto have caused this Schedule A to be signed on their behalf by their duly authorized officers as of December 9, 2021.

LISTED FUNDS TRUST, on behalf of each Fund listed on this Schedule A

By: /s/ Xxxx Xxxxxx            

Name: Xxxx Xxxxxx

Title: Secretary

TRUEMARK INVESTMENTS, LLC

By: /s/ Xxxxxxx X. Xxxxxx        

Name: Xxxxxxx X. Xxxxxx

Title: Chief Executive Officer