CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We hereby consent to the incorporation by reference in this Registration Statement on Form S-1 of our report dated
February 29, 2012 relating to the financial statements and the effectiveness of internal control over financial reporting, which appears in ProShares Trust IIs Form 10-K for the year ended December 31, 2011. We also consent to the
reference to us under the heading Experts in such Registration Statement.
/s/ PricewaterhouseCoopers LLP
May 10, 2012