SCHEDULE A

to the

INVESTMENT SUB-ADVISORY AGREEMENT

Dated May 13, 2020 between

Roundhill Financial Inc.

and

Exchange Traded Concepts, LLC

and

Listed Funds Trust

The Adviser will pay to the Sub-Adviser as compensation for the Sub-Adviser’s services rendered, a fee, calculated daily and paid monthly, at an annual rate based on the accumulative average daily net assets of each fund that ETC sub-advises and Roundhill is the Investment Adviser (or the Fund Sponsor), and subject to a minimum annual fee as follows:

Minimum Annual Fee	Asset-Based Fee
$15,000	4 bps (0.04%) on the first $200 million 3.5 bps (0.035%) on the next $800 million 3 bps (0.03%) on the next $1 billion 2.5 bps (0.025%) on the balance over $2 billion

Current series of the Trust covered by this Sub-Advisory Agreement

Roundhill Global Esports ETF

Roundhill Sports Betting & iGaming ETF

Roundhill Streaming Services & Technology ETF

Roundhill Pro Sports, Media & Apparel ETF

IN WITNESS WHEREOF, the parties hereto have caused this Schedule A to be signed on their behalf by their duly authorized officers as of January 14, 2021.

ROUNDHILL FINANCIAL INC.

By: /s/ Will Hershey                

Name: Will Hershey

Title: Chief Executive Officer

EXCHANGE TRADED CONCEPTS, LLC

By: /s/ J. Garrett Stevens            

Name: J. Garrett Stevens

Title: Chief Executive Officer

LISTED FUNDS TRUST

By: /s/ Kent Barnes                

Name: Kent P. Barnes

Title: Secretary