0001379491-19-000922 Sample Contracts

SUB-ADVISORY AGREEMENT between FMR CO., INC. and GEODE CAPITAL MANAGEMENT, LLC and FIDELITY COVINGTON TRUST ON BEHALF OF FIDELITY TARGETED EMERGING MARKETS FACTOR ETF
Sub-Advisory Agreement • February 27th, 2019 • Fidelity Covington Trust • Massachusetts

AGREEMENT made this 14th day of November, 2018, among Fidelity Covington Trust, a Massachusetts business trust (the “Trust”), on behalf of Fidelity Targeted Emerging Markets Factor ETF, a series portfolio of the Trust (the “Fund”), FMR Co., Inc., a Massachusetts corporation (“Manager”), and Geode Capital Management, LLC, a Delaware limited liability company (“Subadviser”).

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