0001999371-24-004345 Sample Contracts

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • April 2nd, 2024 • Tidal Trust II • New York

This Sub-Advisory Agreement (the “Agreement”) is made as of this 28th day of March, 2024 by and between Tidal Investments LLC, a Delaware limited liability company, with its principal place of business at 234 West Florida Street, Suite 203 Milwaukee, Wisconsin 53204 (the “Adviser”) and Artesian Capital Management LP, a Delaware Limited Partnership, with its principal place of business at 499 7th Ave, Level 22N, New York, New York 10018 (the “Sub-Adviser”), with respect to each series of Tidal Trust II (the “Trust”) identified on Schedule A to this Agreement, as may be amended from time to time (each, a “Fund” and, if more than one Fund, together, the “Funds”).

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FIRST AMENDMENT TO THE SUB-ADVISORY ADVISORY AGREEMENT
Sub-Advisory Advisory Agreement • April 2nd, 2024 • Tidal Trust II

This First Amendment to the Sub-Advisory Agreement (the “Amendment”) is made as of February 13, 2024, by and between TIDAL INVESTMENTS LLC (formerly, Toroso Investments, LLC) (the “Adviser”) and Carbon Collective Investing, LLC (the “Sub-Adviser”).

FIRST AMENDMENT TO THE TIDAL TRUST II INVESTMENT ADVISORY AGREEMENT with TIDAL INVESTMENTS LLC
Investment Advisory Agreement • April 2nd, 2024 • Tidal Trust II

This First Amendment to the Investment Advisory Agreement (the “Amendment”) is made as of February 13, 2024 by and between TIDAL TRUST II (the “Trust”) and TIDAL INVESTMENTS LLC (formerly, TOROSO INVESTMENTS, LLC) (the “Adviser”).

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