0001206774-24-001111 Sample Contracts

MANAGEMENT FEE WAIVER AGREEMENT NEUBERGER BERMAN ETF TRUST Neuberger Berman JAPAN Equity ETF
Management Fee Waiver Agreement • December 13th, 2024 • Neuberger Berman ETF Trust

Neuberger Berman Investment Advisers LLC (the “Manager”) hereby agrees, that from December 18, 2024, until August 31, 2026 (“Limitation Period”) to waive 0.20% per annum, of the average daily net assets of the investment advisory fee (“Fee Waiver”) charged pursuant to the Management Agreement between the Manager and the Trust, on behalf of the Fund. For the avoidance of doubt, this Fee Waiver is in addition to Expense Limitation Agreement dated as of December 13, 2024 between the Manager and the Trust, on behalf of the Fund.

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EXPENSE LIMITATION AGREEMENT NEUBERGER BERMAN ETF TRUST NEUBERGER BERMAN CORE EQUITY ETF
Expense Limitation Agreement • December 13th, 2024 • Neuberger Berman ETF Trust

You hereby agree, from December 18, 2024 until the date noted below (“Limitation Period”), to waive fees and/or reimburse annual operating expenses (excluding interest, brokerage commissions, taxes including any expenses relating to tax reclaims, acquired fund fees and expenses, dividend and interest expenses relating to short sales, and extraordinary expenses, if any) (“Operating Expenses”) of the Fund so that the Operating Expenses of the Fund do not exceed 0.29% of average net assets until 8/31/2026 (after taking into account the Fee Waiver discussed below) and 0.39% of average net assets from 9/1/2026 to 8/31/2028 (the “Expense Limitation”) and may not be terminated during its term without the consent of the Board. Commitment fees relating to borrowings are treated as interest for purposes of this section. As noted above, the Expense Limitation for the Limitation Period from 12/18/2024 to 8/31/2026 takes into account a contractual management fee waiver of 0.10% of the Fund’s averag

MANAGEMENT FEE WAIVER AGREEMENT NEUBERGER BERMAN ETF TRUST Neuberger Berman Disrupters ETF Neuberger Berman Next Generation Connected Consumer ETF
Management Fee Waiver Agreement • December 13th, 2024 • Neuberger Berman ETF Trust

Neuberger Berman Disrupters ETF and Neuberger Berman Next Generation Connected Consumer ETF (each, a “Fund”) are series of Neuberger Berman ETF Trust, a Delaware statutory trust (“Trust”).

EXPENSE LIMITATION AGREEMENT NEUBERGER BERMAN ETF TRUST NEUBERGER BERMAN CHINA EQUITY ETF NEUBERGER BERMAN ENERGY TRANSITION & INFRASTRUCTURE ETF NEUBERGER BERMAN GLOBAL REAL ESTATE ETF NEUBERGER BERMAN OPTION STRATEGY ETF NEUBERGER BERMAN SMALL-MID...
Expense Limitation Agreement • December 13th, 2024 • Neuberger Berman ETF Trust

Neuberger Berman China Equity ETF, Neuberger Berman Energy Transition & Infrastructure ETF, Neuberger Berman Global Real Estate ETF, Neuberger Berman Option Strategy ETF, and Neuberger Berman Small-Mid Cap ETF (each, a “Fund”) are series of Neuberger Berman ETF Trust, a Delaware statutory trust (“Trust”).

EXPENSE LIMITATION AGREEMENT NEUBERGER BERMAN ETF TRUST NEUBERGER BERMAN COMMODITY STRATEGY ETF
Expense Limitation Agreement • December 13th, 2024 • Neuberger Berman ETF Trust

Neuberger Berman Commodity Strategy ETF (“Fund”) is a series of Neuberger Berman ETF Trust, a Delaware statutory trust (“Trust”).

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