FIFTH AMENDMENT TO

ETF DISTRIBUTION AGREEMENT

This fifth amendment (“Amendment”) to the ETF Distribution Agreement (the “Agreement”) dated as of September 30, 2021, by and between Listed Funds Trust (“Trust”) and Foreside Fund Services, LLC (together with Trust, the “Parties”) is effective as of December 12, 2022.

WHEREAS, the Parties desire to amend Exhibit A to the Agreement to reflect an updated funds list; and

WHEREAS, Section 8(b) of the Agreement requires that all amendments and modifications to the Agreement be in writing and executed by the Parties.

NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows:

1.Capitalized terms not otherwise defined herein shall have the meanings set forth in the Agreement.

2.Exhibit A to the Agreement is hereby deleted in its entirety and replaced by Exhibit A attached hereto which reflects the addition of eight Funds: Teucrium AiLA Long-Short Agriculture Strategy ETF; Teucrium AiLA Long-Short Base Metals Strategy ETF; Roundhill Big Tech ETF; Roundhill Big Airlines ETF; Roundhill Big Defense ETF; Roundhill Big Bank ETF; Roundhill Big Oil ETF; and Roundhill Big Railroad ETF.

3.Except as expressly amended hereby, all the provisions of the Agreement shall remain unamended and in full force and effect to the same extent as if fully set forth herein.

4.This Amendment shall be governed by, and the provisions of this Amendment shall be construed and interpreted under and in accordance with, the laws of the State of Delaware.

IN WITNESS WHEREOF, the Parties have caused this Amendment to be executed in their names and on their behalf by and through their duly authorized officers.

LISTED FUNDS TRUST		FORESIDE FUND SERVICES, LLC
By:	/s/ Gregory C. Bakken	By:	/s/ Teresa Cowan
	Gregory C. Bakken, President		Teresa Cowan, President

EXHIBIT A

As of December 12,

2022

Roundhill Video Games ETF

Overlay Shares Large Cap Equity ETF

Overlay Shares Small Cap Equity ETF

Overlay Shares Foreign Equity ETF

Overlay Shares Core Bond ETF

Overlay Shares Municipal Bond ETF

TrueShares Technology, AI & Deep Learning ETF

TrueShares ESG Active Opportunities ETF

Roundhill Sports Betting & iGaming ETF

TrueShares Structured Outcome July ETF

TrueShares Structured Outcome August ETF

TrueShares Structured Outcome September ETF

TrueShares Structured Outcome October ETF

TrueShares Structured Outcome November ETF

TrueShares Structured Outcome December ETF

TrueShares Structured Outcome January ETF

TrueShares Structured Outcome February ETF

TrueShares Structured Outcome March ETF

TrueShares Structured Outcome April ETF

TrueShares Structured Outcome May ETF

TrueShares Structured Outcome June ETF

Horizon Kinetics Inflation Beneficiaries ETF

Changebridge Capital Long Short Equity ETF

Changebridge Capital Sustainable Equity ETF

Overlay Shares Hedged Large Cap Equity ETF

Overlay Shares Short-Term Bond ETF

Swan Hedged Equity US Large Cap ETF

TrueShares Low Volatility Equity Income ETF

TrueShares NASDAQ 100 Structured Outcome January ETF

TrueShares NASDAQ 100 Structured Outcome April ETF

TrueShares NASDAQ 100 Structured Outcome July ETF

TrueShares NASDAQ 100 Structured Outcome October ETF

TrueShares Russell 2000 Structured Outcome January ETF

TrueShares Russell 2000 Structured Outcome April ETF

TrueShares Russell 2000 Structured Outcome July ETF

TrueShares Russell 2000 Structured Outcome October ETF

Roundhill Ball Metaverse ETF

Alexis Practical Tactical ETF

Spear Alpha ETF

Roundhill IO Digital Infrastructure ETF

Roundhill Cannabis ETF

Roundhill MEME ETF

Alpha Intelligent – Large Cap Growth ETF

Alpha Intelligent – Large Cap Value ETF

Alpha Intelligent – Mid Cap Growth ETF

Alpha Intelligent – Mid Cap Value ETF

Alpha Intelligent – Small Cap Growth ETF

Alpha Intelligent – Small Cap Value ETF

B.A.D. ETF

Grizzle Growth ETF

RiverNorth Patriot ETF

Morgan Creek-Exos Active SPAC Arbitrage ETF

Preferred-Plus ETF

Dividend Performers ETF

STF Tactical Growth & Income ETF

STF Tactical Growth ETF

Merk Stagflation ETF

Teucrium Agricultural Strategy No K-1 ETF

RiverNorth Enhanced Pre-Merger SPAC ETF

Horizon Kinetics Blockchain Development ETF

Horizon Kinetics AAA-AA Floating Rate Debt CLO ETF

Horizon Kinetics Medical ETF

Horizon Kinetics SPAC Active ETF

Horizon Kinetics Energy Remediation ETF

TrueShares Eagle Global Renewable Energy Income ETF

Roundhill Ether Strategy ETF

Teucrium AiLA Long-Short Agriculture Strategy ETF

Teucrium AiLA Long-Short Base Metals Strategy ETF

Roundhill Big Tech ETF

Roundhill Big Airlines ETF

Roundhill Big Defense ETF

Roundhill Big Bank ETF

Roundhill Big Oil ETF

Roundhill Big Railroad ETF