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Exchange Listed Funds Trust

03/09/2026 | Press release | Distributed by Public on 03/09/2026 14:41

Prospectus by Investment Company (Form 497)

EXCHANGE LISTED FUNDS TRUST

Bancreek U.S. Large Cap ETF (NYSE Arca Ticker: BCUS)

Bancreek International Large Cap ETF (NYSE Arca Ticker: BCIL)

Bancreek Global Select ETF (NYSE Arca Ticker: BCGS)

ETC Cabana Target Beta ETF (Nasdaq Stock Market Ticker: TDSB)

ETC Cabana Target Drawdown 10 ETF (Nasdaq Stock Market Ticker: TDSC)

ETC Cabana Target Leading Sector Moderate ETF (Nasdaq Stock Market Ticker: CLSM)

QRAFT AI-Enhanced U.S. Large Cap ETF (NYSE Arca Ticker: QRFT)

QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (NYSE Arca Ticker: AMOM)

LG QRAFT AI-Powered U.S. Large Cap Core ETF (NYSE Arca Ticker: LQAI)

Saba Closed-End Funds ETF (Cboe BZX Exchange Ticker: CEFS)

Long Pond Real Estate Select ETF (NYSE Arca Ticker: LPRE)

Stratified LargeCap Index ETF (NYSE Arca Ticker: SSPY)

Stratified LargeCap Hedged ETF (NYSE Arca Ticker: SHUS)

PLUS Korea Defense Industry Index ETF (NYSE Arca Ticker: KDEF)

ARMOR Core Risk-Managed ETF (NYSE Arca Ticker: RMRC)

(each, a "Fund" and collectively, the "Funds")

Supplement dated March 9, 2026, to each Fund's currently effective

Statement of Additional Information ("SAI")

This supplement provides new and additional information beyond that contained in the SAI for each Fund and should be read in conjunction with those documents.

Pursuant to Matthew Fleischer's resignation, effective March 6, 2026, as Chief Compliance Officer of Exchange Listed Funds Trust (the "Trust"), Dennis Lowenfels has been appointed as Interim Chief Compliance Officer of the Trust by the Board of Trustees. As such, the paragraph titled "Officers" in the section of each Fund's SAI titled "MANAGEMENT OF THE TRUST" is deleted in its entirety and replaced with:

Officers. Set forth below is information about each of the persons currently serving as officers of the Trust. The address of Richard Malinowski, Andrew Serowik, Christopher Roleke, Dennis Lowenfels and Heather Nichols is c/o Exchange Listed Funds Trust, 10900 Hefner Pointe Drive, Suite 400, Oklahoma City, Oklahoma 73120; and the address of Sam Singh is Ultimus Fund Solutions, LLC, 4221 North 203rd Street, Suite 100, Elkhorn, Nebraska 68022.

The table in the section of each Fund's SAI titled "MANAGEMENT OF THE TRUST" listing the Officers is amended and restated in its entirety:

Name

and Year of Birth

Position(s)
Held with

the Trust

Term of
Office and
Length of
Time Served1

Principal Occupation(s)

During Past 5 Years

Richard Malinowski

(1983)

President
Secretary

Since 2025

Since 2022

Co-Chief Executive Officer, Exchange Traded Concepts, LLC (since 2025), General Counsel, Exchange Traded Concepts, LLC (since 2022); Senior Vice President and Senior Managing Counsel, Ultimus Fund Solutions LLC, (2020 to 2022); Senior Vice President, Ultimus Fund Solutions LLC (2017 to 2020).
Andrew Serowik (1976) Vice President Since 2024 Co-Chief Executive Officer, Exchange Traded Concepts, LLC (since 2025); Portfolio Manager, Exchange Traded Concepts, LLC (since 2018).

Christopher Roleke

(1972)

Treasurer Since 2012 Controller, Exchange Traded Concepts, LLC (since 2022); Managing Director/Fund Principal Financial Officer, Foreside Management Services, LLC (2011 to 2022).
Dennis Lowenfels (1977) Interim Chief Compliance Officer Since 2026 Chief Compliance Officer, Exchange Traded Concepts, LLC (since 2018).

Heather Nichols

(1983)

Assistant Secretary Since 2023 Counsel, Exchange Traded Concepts, LLC (since 2023); Principal, HND Compliance and Regulatory Services, LLC (2015 to 2023).
Sam Singh (1976) Assistant Treasurer Since 2025 Vice President of Fund Administration at Ultimus Fund Solutions, LLC (since 2011).

1 Each officer serves at the pleasure of the Board.

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.

Exchange Listed Funds Trust published this content on March 09, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 09, 2026 at 20:41 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]