SCHEDULE A Amended as of February 13, 2018 to the EXPENSE LIMITATION AGREEMENT dated July 17, 2017 between THE ADVISORS’ INNER CIRCLE FUND III and Investec Asset Management North America, Inc. MAXIMUM ANNUAL OPERATING EXPENSE LIMITS

SCHEDULE A

Xxxxxxx as of February 13, 2018

to the

EXPENSE LIMITATION AGREEMENT

dated July 17, 2017 between

THE ADVISORS’ INNER CIRCLE FUND III

and

Investec Asset Management North America, Inc.

MAXIMUM ANNUAL OPERATING EXPENSE LIMITS

This Agreement relates to the following Fund of the Trust:

Name of Fund	Share Class	Maximum Annual Operating Expense Limit	Initial Term End Date
Investec Global Franchise Fund	I	0.85%	February 28, 2019

ACKNOWLEDGED AND ACCEPTED BY:

THE ADVISORS’ INNER CIRCLE FUND III Investec Asset Management North America, Inc.

By:	/s/ Xxxxx Xxxxxxxxx			By:	/s/ Xxxx X. Xxxxxxx
	Name:	Xxxxx Xxxxxxxxx			Name:	Xxxx X. Xxxxxxx
	Title:	Vice President & Assistant Secretary			Title:	Head of Legal, Americas; CCO

	By:	/s/ Xxxxx xxx Xxxxxxx
		Name:	Xxxxx xxx Xxxxxxx
		Title:	Business Manager