AMENDMENT NO. 1 TO THE AMENDED AND RESTATED MASTER INTERGROUP SUB-ADVISORY CONTRACT FOR MUTUAL FUNDS

AMENDMENT NO. 1

TO THE

AMENDED AND RESTATED MASTER INTERGROUP SUB-ADVISORY CONTRACT

FOR MUTUAL FUNDS

This Amendment, effective as of April 30, 2021, amends the Amended and Restated Master Intergroup Sub-Advisory Contract for Mutual Funds (“Contract”) dated July 1, 2020, by and among Invesco Advisers, Inc. (the “Adviser”) and each of Invesco Canada Ltd., Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Asset Management (Japan) Ltd., Invesco Hong Kong Limited, and Invesco Senior Secured Management, Inc. (each a “Sub-Adviser” and, collectively, the “Sub-Advisers”), as follows:

WHEREAS, the Trust desires to amend the Agreement to remove Invesco V.I. Managed Volatility Fund and Invesco V.I. Value Opportunitues; and

WHEREAS, the Trust desires to amend the Agreement to change the following Funds’ names:

FUND NAME		NEW FUND NAME
Invesco Xxxxxxxxxxx V.I. Capital Appreciation Fund		Invesco V.I. Capital Appreciation Fund
Invesco Xxxxxxxxxxx V.I. Conservative Balanced Fund		Invesco V.I. Conservative Balanced Fund
Invesco Xxxxxxxxxxx V.I. Discovery Mid Cap Growth Fund		Invesco V.I. Discovery Mid Cap Growth Fund
Invesco Xxxxxxxxxxx V.I. Global Fund		Invesco V.I. Global Fund
Invesco Xxxxxxxxxxx V.I. Global Strategic Income Fund		Invesco V.I. Global Strategic Income Fund
Invesco Xxxxxxxxxxx V.I. Main Street Fund		Invesco V.I. Main Street Fund
Invesco Xxxxxxxxxxx V.I Main Street Small Cap Fund		Invesco V.I. Main Street Small Cap Fund
Invesco Xxxxxxxxxxx V.I. Government Money Fund		Invesco V.I. U.S. Government Money Portfolio
Invesco Xxxxxxxxxxx V.I. Total Return Bond Fund		Invesco V.I. Core Bond Fund;
Invesco V.I. Mid Cap Core Equity Fund		Invesco V.I. Main Street Mid Cap Fund

NOW THEREFORE, the parties agree that:

1. Appendix A of the Agreement is hereby deleted in its entirety and replaced with the following:

“EXHIBIT A

Funds

Invesco Xxxxxxxxxxx V.I. International Growth Fund

Invesco V.I. American Franchise Fund

Invesco V.I. American Value Fund

Invesco V.I. Balanced-Risk Allocation Fund

Invesco V.I. Capital Appreciation Fund

Invesco V.I. Xxxxxxxx Fund

Invesco V.I. Conservative Balanced Fund

Invesco V.I. Core Bond Fund

Invesco V.I. Core Equity Fund

Invesco V.I. Core Plus Bond Fund

Invesco V.I. Discovery Mid Cap Growth Fund

Invesco V.I. Diversified Dividend Fund

Invesco V.I. Equally-Weighted S&P 500 Fund

Invesco V.I. Equity and Income Fund

Invesco V.I. Global Core Equity Fund

Invesco V.I. Global Fund

Invesco V.I. Global Real Estate Fund

Invesco V.I. Global Strategic Income Fund

Invesco V.I. Government Money Market Fund

Invesco V.I. Government Securities Fund

Invesco V.I. Growth and Income Fund

Invesco V.I. Health Care Fund

Invesco V.I. High Yield Fund

Invesco V.I. International Growth Fund

Invesco V.I. Main Street Fund^®

Invesco V.I. Main Street Mid Cap Fund

Invesco V.I. Main Street Small Cap Fund^®

Invesco V.I. S&P 500 Index Fund

Invesco V.I. Small Cap Equity Fund

Invesco V.I. Technology Fund

Invesco V.I. U.S. Government Money Portfolio”

2. All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.

IN WITNESS WHEREOF, the parties hereto have caused this Contract to be executed by their officers designated as of the day and year first above written.

INVESCO ADVISERS, INC.						INVESCO CANADA LTD.
Adviser						Sub-Adviser
By:		/s/ Xxxxxxx X. Xxxxx				By:		/s/ Xxxxxxx Xxxxxxx
Name: Xxxxxxx X. Xxxxx						Name:
Title: Senior Vice President & Secretary						Title:
						INVESCO ASSET MANAGEMENT
						DEUTSCHLAND GMBH
						Sub-Adviser
						By:		/s/ Xxxxxxxxx Xxxx          /s/ Xxxxx Xxxxxxxxxx
						Name:
						Title:
						INVESCO ASSET MANAGEMENT LIMITED
						Sub-Adviser
						By:		/s/ Xxxx Xxxxxxxx
						Name:
						Title:
						INVESCO ASSET MANAGEMENT (JAPAN)
						LIMITED
						Sub-Adviser
						By:		/s/ Xxxxxxx Xxxxxx
						Name:		Xxxxxxx Xxxxxx
						Title:		CAO & Head of Human Resources

INVESCO HONG KONG LIMITED
Sub-Adviser
By:		/s/ Xxx Xxx Xxx / Xxxxxx Xxxx
Name: Xxx Xxx Xxx / Xxxxxx Xxxx
Title: Head of Finance, GC / Director, Portfolio
Svcs, AP
INVESCO SENIOR SECURED MANAGEMENT,
INC.
Sub-Adviser
By:		/s/ Xxxxxxx Xxxxx
Name:
Title: