0001999371-24-013899 Sample Contracts

MADISON ETFs DISTRIBUTION AGREEMENT
Distribution Agreement • October 25th, 2024 • Madison ETFs Trust • Wisconsin

THIS DISTRIBUTION AGREEMENT (“Agreement”) is effective this December 1, 2023 and made by and between Madison ETFs Trust, a Delaware statutory trust (“Trust”) having its principal place of business at 550 Science Drive, Madison, WI 53711, and MFD Distributor, LLC, a Wisconsin limited liability company (“Distributor”) having its principal place of business at 550 Science Drive, Madison, WI, 53711.

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TRADING SERVICES SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • October 25th, 2024 • Madison ETFs Trust • Delaware

This Trading Services Sub-Advisory Agreement (the “Agreement”) is made as of this 1st day of December, 2023 by and between Madison Asset Management, LLC, a a Wisconsin limited liability company, with its principal place of business at 550 Science Drive, Madison, WI 53711 (the “Adviser”), and Toroso Investments, LLC, a Delaware limited liability company, with its principal place of business at 898 N. Broadway, Suite 2, Massapequa, NY 11758 (the “Sub-Adviser”), with respect to the series of Madison ETFs Trust (the “Trust”) identified on Schedule A to this Agreement, as may be amended from time to time (each, a “Fund,” and collectively, the “Funds”).

NEW INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • October 25th, 2024 • Madison ETFs Trust • Delaware

This Investment Advisory Agreement (“Agreement”) is made as of December 1, 2023, by and between Madison ETFs Trust, a Delaware statutory trust (“Trust”), on behalf of each series of the Trust listed on Schedule A attached hereto, as may be amended from time to time (each, a “Fund” and collectively, “Funds”), and Madison Asset Management, LLC, a Wisconsin limited liability company (“Adviser”).

First Amendment to the Trading Services and Sub-Advisory Agreement
Trading Services and Sub-Advisory Agreement • October 25th, 2024 • Madison ETFs Trust

This First Amendment to the Trading Services Sub-Advisory Agreement (the “Amendment”) is entered into as of February 12, 2024, by and between Madison Asset Management, LLC (“Adviser”) and Tidal Investments LLC (“Sub-Adviser”).

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