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      <seriesName>WBI BullBear Global Income ETF</seriesName>
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    <signature>
      <ncom:dateSigned>2021-08-19</ncom:dateSigned>
      <ncom:nameOfApplicant>Absolute Shares Trust</ncom:nameOfApplicant>
      <ncom:signature>/s/ Scott Kreitz</ncom:signature>
      <ncom:signerName>Scott Kreitz</ncom:signerName>
      <ncom:title>COO</ncom:title>
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