AMENDED AND RESTATED MASTER INVESTMENT ADVISORY AGREEMENT
AMENDMENT NO. 10
TO THE
AMENDED AND RESTATED MASTER INVESTMENT ADVISORY AGREEMENT
This Amendment dated as of June 16, 2025 amends the Amended and Restated Master Investment Advisory Agreement (the "Agreement"), dated July 1, 2020, between AIM International Mutual Funds (Invesco International Mutual Funds), a Delaware statutory trust, and Invesco Advisers, Inc., a Delaware corporation.
W I T N E S S E T H:
WHEREAS, the Trust desires to amend the Agreement to change the names of Invesco EQV Asia Pacific Equity Fund to Invesco Asia Pacific Equity Fund, Invesco ▇▇▇▇▇▇▇▇▇▇▇ International Growth Fund to Invesco International Growth Fund and Invesco EQV European Equity Fund to Invesco International Value Fund and to reduce the contractual advisory fee schedule of the Invesco International Value Fund, effective August 22, 2025.
NOW, THEREFORE, the parties agree that;
| 1. | Appendix A and Appendix B to the Agreement are hereby deleted in their entirety and replaced with the following: |
" APPENDIX A
FUNDS AND EFFECTIVE DATES
| Name of Fund | Effective Date of Advisory Agreement |
| Invesco Advantage International Fund | May 24, 2019 |
| Invesco Asia Pacific Equity Fund | November 25, 2003 |
| Invesco EQV International Equity Fund | November 25, 2003 |
| Invesco Global Focus Fund | May 24, 2019 |
| Invesco Global Fund | May 24, 2019 |
| Invesco Global Opportunities Fund | May 24, 2019 |
| Invesco International Growth Fund | May 24, 2019 |
| Invesco International Small-Mid Company Fund | May 24, 2019 |
| Invesco International Value Fund | November 25, 2003 |
| Invesco MSCI World SRI Index Fund | June 30, 2016 |
APPENDIX B
COMPENSATION TO THE ADVISOR
The Trust shall pay the Adviser, out of the assets of each Fund, as full compensation for all services rendered, an advisory fee for such Funds as set forth below. Such fee shall be calculated by applying the following annual rates to the average daily net assets of such Funds for the calendar year computed in the manner used for the determination of the net asset value of shares of such Funds.
Invesco Advantage International Fund
| Net Assets | Annual Rate | |||
| First $500 million | 0.49 | % | ||
| Next $500 million | 0.47 | % | ||
| Next $4 billion | 0.44 | % | ||
| Over $5 billion | 0.42 | % | ||
Invesco Asia Pacific Equity Fund
| Net Assets | Annual Rate | |||
| First $1 billion | 0.87 | % | ||
| Next $1 billion | 0.82 | % | ||
| Next $49 billion | 0.77 | % | ||
| Over $51 billion | 0.76 | % | ||
Invesco EQV International Equity Fund
| Net Assets | Annual Rate | |||
| First $250 million | 0.85 | % | ||
| Next $250 million | 0.825 | % | ||
| Next $500 million | 0.785 | % | ||
| Next $1.5 billion | 0.76 | % | ||
| Next $2.5 billion | 0.72 | % | ||
| Over $5 billion | 0.69 | % | ||
Invesco Global Focus Fund*
| Net Assets | Annual Rate | |||
| First $500 million | 0.80 | % | ||
| Next $500 million | 0.75 | % | ||
| Over $1 billion | 0.72 | % | ||
Invesco Global Fund*
| Net Assets | Annual Rate | |||
| First $250 million | 0.80 | % | ||
| Next $250 million | 0.77 | % | ||
| Next $500 million | 0.75 | % | ||
| Next $1 billion | 0.69 | % | ||
| Next $1.5 billion | 0.67 | % | ||
| Next $2.5 billion | 0.65 | % | ||
| Next $2.5 billion | 0.63 | % | ||
| Next $2.5 billion | 0.60 | % | ||
| Next $4 billion | 0.58 | % | ||
| Next $8 billion | 0.56 | % | ||
| Over $23 billion | 0.54 | % | ||
* The advisory fee payable by the Fund shall be reduced by any amounts paid by such Fund under the Administrative Services Agreement between such Fund and Invesco Advisers, Inc.
Invesco Global Opportunities Fund*
| Net Assets | Annual Rate | |||
| First $250 million | 0.80 | % | ||
| Next $250 million | 0.77 | % | ||
| Next $500 million | 0.75 | % | ||
| Next $1 billion | 0.69 | % | ||
| Next $1.5 billion | 0.67 | % | ||
| Next $2.5 billion | 0.65 | % | ||
| Next $4 billion | 0.63 | % | ||
| Over $10 billion | 0.61 | % | ||
Invesco International Growth Fund*
| Net Assets | Annual Rate | |||
| First $250 million | 0.80 | % | ||
| Next $250 million | 0.77 | % | ||
| Next $500 million | 0.75 | % | ||
| Next $1 billion | 0.69 | % | ||
| Next $3 billion | 0.67 | % | ||
| Next $5 billion | 0.65 | % | ||
| Next $10 billion | 0.63 | % | ||
| Next $10 billion | 0.61 | % | ||
| Over $30 billion | 0.59 | % | ||
Invesco International Small-Mid Company Fund*
| Net Assets | Annual Rate | |||
| First $500 million | 1.00 | % | ||
| Next $500 million | 0.95 | % | ||
| Next $4 billion | 0.92 | % | ||
| Next $5 billion | 0.90 | % | ||
| Next $10 billion | 0.88 | % | ||
| Over $20 billion | 0.87 | % | ||
Invesco International Value Fund
| Net Assets | Annual Rate | |||
| First $250 million | 0.85 | % | ||
| Next $250 million | 0.825 | % | ||
| Next $500 million | 0.785 | % | ||
| Over $1 billion | 0.76 | % | ||
Invesco MSCI World SRI Index Fund
| Net Assets | Annual Rate | |||
| First $2 billion | 0.14 | % | ||
| Over $2 billion | 0.12 | % | ||
| 2. | In all other respects, the Agreement is hereby confirmed and remains in full force and effect. |
* The advisory fee payable by the Fund shall be reduced by any amounts paid by such Fund under the Administrative Services Agreement between such Fund and Invesco Advisers, Inc.
IN WITNESS WHEREOF, the parties have caused this Amendment to be executed by their respective officers on the date first written above.
| AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS) | ||
| By: | /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ | |
| Name: | ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ | |
| Title: | Chief Legal Officer, Senior Vice President & Secretary | |
| INVESCO ADVISERS, INC. | ||
| By: | /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ | |
| Name: | ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ | |
| Title: | Senior Vice President | |