AMENDMENT NO. 1 TO THE FOURTH AMENDED AND RESTATED AGREEMENT AND DECLARATION OF TRUST OF AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)

AMENDMENT NO. 1

TO THE

FOURTH AMENDED AND RESTATED

AGREEMENT AND DECLARATION OF TRUST

OF

AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)

This Amendment No. 1 (the “Amendment”) to the Fourth Amended and Restated Agreement and Declaration of Trust of AIM Variable Insurance Funds (Invesco Variable Insurance Funds) (the “Trust”) amends, effective April 30, 2018, the Fourth Amended and Restated Agreement and Declaration of Trust of the Trust dated as of April 11, 2017 (the “Agreement”).

Under Section 9.7 of the Agreement, this Amendment may be executed by a duly authorized officer of the Trust.

WHEREAS, the Trust desires to amend the Agreement to change the name of Invesco V.I. Global Health Care Fund to Invesco V.I. Health Care Fund;

NOW, THEREFORE, the Agreement is hereby amended as follows:

1. Schedule A of the Agreement is hereby amended and restated to read in its entirety as set forth on Exhibit 1 to this Amendment.

2. All capitalized terms are used herein as defined in the Agreement unless otherwise defined herein. All references in the Agreement to “this Agreement” shall mean the Agreement as amended by this Amendment.

3. Except as specifically amended by this Amendment, the Agreement is hereby confirmed and remains in full force and effect.

IN WITNESS WHEREOF, the undersigned, a duly authorized officer of the Trust, has executed this Amendment as of March 27, 2018.

By: /s/ Xxxxxxx X. Xxxxx

Name:		Xxxxxxx X. Xxxxx
Title:		Senior Vice President

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EXHIBIT 1

“SCHEDULE A

AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)

PORTFOLIOS AND CLASSES THEREOF

PORTFOLIO		CLASSES OF EACH PORTFOLIO
Invesco V.I. American Franchise Fund		Series I Shares
		Series II Shares
Invesco V.I. American Value Fund		Series I Shares
		Series II Shares
Invesco V.I. Balanced-Risk Allocation Fund		Series I Shares
		Series II Shares
Invesco V.I. Xxxxxxxx Fund		Series I Shares
		Series II Shares
Invesco V.I. Core Equity Fund		Series I Shares
		Series II Shares
Invesco V.I. Core Plus Bond Fund		Series I Shares
		Series II Shares
Invesco V.I. Diversified Dividend Fund		Series I Shares
		Series II Shares
Invesco V.I. Equity and Income Fund		Series I Shares
		Series II Shares
Invesco V.I. Equally-Weighted S&P 500 Fund		Series I Shares
		Series II Shares
Invesco V.I. Global Core Equity Fund		Series I Shares
		Series II Shares
Invesco V.I. Health Care Fund		Series I Shares
		Series II Shares
Invesco V.I. Global Real Estate Fund		Series I Shares
		Series II Shares
Invesco V.I. Government Money Market Fund		Series I Shares
		Series II Shares
Invesco V.I. Government Securities Fund		Series I Shares
		Series II Shares
Invesco V.I. Growth and Income Fund		Series I Shares
		Series II Shares

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PORTFOLIO		CLASSES OF EACH PORTFOLIO
Invesco V.I. High Yield Fund		Series I Shares
		Series II Shares
Invesco V.I. International Growth Fund		Series I Shares
		Series II Shares
Invesco V.I. Managed Volatility Fund		Series I Shares
		Series II Shares
Invesco V.I. Mid Cap Core Equity Fund		Series I Shares
		Series II Shares
Invesco V.I. Mid Cap Growth Fund		Series I Shares
		Series II Shares
Invesco V.I. S&P 500 Index Fund		Series I Shares
		Series II Shares
Invesco V.I. Small Cap Equity Fund		Series I Shares
		Series II Shares
Invesco V.I. Technology Fund		Series I Shares
		Series II Shares
Invesco V.I. Value Opportunities Fund		Series I Shares
		Series II Shares

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