SCHEDULE A Revised as of January 7, 2019 Portfolios

(h)(2)(ii)

SCHEDULE A

Revised as of January 7, 2019

Portfolios

Portfolio Name		Expense Limit				Expense Limitation Expiration Date		Recoupment Period Expiration Date
AllianzGI Advanced Core Bond Portfolio			0.35	%		1/31/20		9/30/23
AllianzGI Best Styles Global Managed Volatility Portfolio			0.45	%		1/31/20		9/30/23
AllianzGI Global Small-Cap Opportunities Portfolio			1.20	%		1/31/20		9/30/23

[Signature page follows.]

Schedule A to Expense Limitation Agreement for AllianzGI Institutional Multi-Series Trust

IN WITNESS WHEREOF, the Trust and the Manager have each caused this Schedule A to the Expense Limitation Agreement to be signed on its behalf by its duly authorized representative, as of the date first above written.

ALLIANZGI INSTITUTIONAL MULTI-SERIES TRUST
By:		/s/ Xxxxxx X. Xxxxxxxx
Name:		Xxxxxx X. Xxxxxxxx
Title:		President and Chief Executive Officer
ALLIANZ GLOBAL INVESTORS U.S. LLC
By:		/s/ Xxxxx Xxxxxxx
Name:		Xxxxx Xxxxxxx
Title:		Director

Signature Page to Schedule A of Expense Limitation Agreement for AllianzGI Institutional Multi-Series Trust