NEOS Announces Closure of Mast Global Battery Recycling & Production ETF

The Board of Trustees (the “Board”) of NEOS ETF Trust (the “Trust”) has determined that it is in the best interests of shareholders to liquidate the Mast Global Battery Recycling & Production ETF (the “Fund”), a series of the Trust, following a recommendation by the Fund’s investment adviser, NEOS Investment Management, LLC.

The Board has determined to liquidate the Fund with the liquidation payment to its shareholders expected to take place on or about April 25, 2025 (“Liquidation Date”). After the close of business on April 17, 2025, the Fund will no longer accept creation orders. The last day of trading of Fund shares on the NYSE Arca, Inc. will be April 17, 2025. Shareholders who do not sell their Fund shares before market close on April 17, 2025, will receive cash in their brokerage accounts equal to the amount of the net asset value of their shares (which will include any capital gains and dividend distributions) on or about the Liquidation Date. As calculated on the Liquidation Date, the Fund’s net asset value will reflect any costs of closing the Fund. Once the distributions are complete, the Fund will terminate.

ABOUT KB ASSET MANAGEMENT

KB Asset Management sponsors the Fund. KB Asset Management is a subsidiary of KB Financial Group which is Korea’s leading financial services provider offering broad range of financial products and services. The group was founded in 2008. For more information about the Fund, visit www.mastetfs.com

ABOUT NEOS INVESTMENT MANAGEMENT, LLC

Founded in 2022, NEOS Investment Management, LLC offers ETFs that aim to deliver the next evolution of options strategies, where seeking income is the outcome. Built on decades of research and experience, NEOS aims to empower investors with portfolio building blocks that provide monthly income, tax efficiency, and diversification through data-driven options-based ETFs. For more information about NEOS ETFs, visit www.neosfunds.com.

Investors should carefully consider the investment objectives, risks, charges, and expenses of exchange traded funds (ETFs) before investing. Investments involve risk including possible loss of principal. To obtain the Fund's prospectus containing this and other important information, please call (833) 833-1311, or visit www.mastetfs.com. Please read the prospectus carefully before you invest.

Mast ETFs are distributed by Foreside Fund Services, LLC.

Definitions:

Option: Options are financial derivatives that give buyers the right, but not the obligation, to buy or sell an underlying asset at an agreed-upon price and date.

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