AMENDMENT NUMBER TWENTY-ONE TO SUB-ADMINISTRATION AGREEMENT

AMENDMENT NUMBER TWENTY-ONE

TO

SUB-ADMINISTRATION AGREEMENT

THIS AMENDMENT NUMBER TWENTY-ONE TO SUB-ADMINISTRATION AGREEMENT (this “Amendment”) is entered into as of the 21st day of April, 2015 (“Amendment Effective Date”) by and between Global X Management Company LLC, a Delaware limited liability company (“GXMC”), and SEI Investments Global Funds Services, a Delaware statutory trust (the “Sub-Administrator”).

WHEREAS, GXMC serves as investment adviser and administrator to Global X Funds (the “Trust”), an open-end management investment company registered under the Investment Company Act of 1940, as amended;

WHEREAS, GXMC and the Sub-Administrator entered into a Sub-Administration Agreement dated as of the 25th day of November, 2008, as amended, pursuant to which the Sub-Administrator agreed to provide certain administrative, accounting and compliance services with respect to the Trust (the “Agreement”); and

WHEREAS, GXMC and the Sub-Administrator desire to further amend the Agreement on the terms and subject to the conditions provided herein.

NOW THEREFORE, in consideration of the premises, covenants, representations and warranties contained herein, and intending to be legally bound hereby, the parties hereto agree as follows:

1. Schedule I (Funds). Schedule I (Funds) of the Agreement is hereby deleted and replaced in its entirety as set forth in Schedule I, attached hereto.

2. Ratification of Agreement. Except as expressly amended and provided herein, all of the terms, conditions and provisions of the Agreement are hereby ratified and confirmed to be of full force and effect, and shall continue in full force and effect.

3. Counterparts. This Amendment may be executed in one or more counterparts, all of which shall constitute one and the same instrument. Each such counterpart shall be deemed an original, and it shall not be necessary in making proof of this Agreement to produce or account for more than one such counterpart. This Amendment shall be deemed executed by both parties when any one or more counterparts hereof or thereof, individually or taken together, bears the original, scanned or facsimile signatures of each of the parties.

4. Governing Law. This Amendment shall be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania without giving effect to any conflict of laws or choice of laws rules or principles thereof. To the extent that the applicable laws of the Commonwealth of Pennsylvania, or any of the provisions of this Amendment, conflict with the applicable provisions of the 1940 Act, the Securities Act of 1933 or the Securities Exchange Act of 1934, the latter shall control.

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IN WITNESS WHEREOF, the parties hereto have executed this Amendment by their duly authorized representatives as of the day and year first above written.

SEI INVESTMENTS GLOBAL FUNDS SERVICES By: Name: Title: GLOBAL X MANAGEMENT COMPANY LLC By: Name: Xxxxxx Xxxxxxx Chisolm Title: General Counsel

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SCHEDULE I

Funds

Global X FTSE Nordic Region ETF

Global X MSCI Norway ETF

Global X MSCI Argentina ETF

Global X MSCI Colombia ETF

Global X MSCI Pakistan ETF

Global X Emerging Africa ETF

Global X China Consumer ETF

Global X China Energy ETF

Global X China Financials ETF

Global X China Industrials ETF

Global X China Materials ETF

Global X NASDAQ China Technology ETF

Global X Copper Miners ETF

Global X Silver Miners ETF

Global X Brazil Consumer ETF

Global X Brazil Financials ETF

Global X Brazil Industrials ETF

Global X Brazil Materials ETF

Global X Brazil Utilities ETF

Global X Brazil Mid Cap ETF

Global X China Mid Cap ETF

Global X Lithium ETF

Global X Uranium ETF

Global X Gold Explorers ETF

Global X Next Emerging & Frontier ETF

Global X Southeast Asia ETF

Global X FTSE Andean 40 ETF

Global X Junior Miners ETF

Global X Fertilizers/Potash ETF

Global X SuperDividend ETF

Global X MLP ETF

Global X MLP Natural Gas ETF

Global X FTSE Portugal 20 ETF

Global X FTSE Ukraine Index ETF

Global X FTSE Greece 20 ETF

Global X Hungary Index ETF

Global X Luxembourg ETF

Global X FTSE Morocco 20 Index ETF

Global X Czech Republic Index ETF

Global X Slovakia Index ETF

Global X Kuwait ETF

Global X MSCI Nigeria ETF

Global X FTSE Bangladesh Index ETF

Global X FTSE Sri Lanka Index ETF

Global X Kazakhstan Index ETF

Global X FTSE Frontier Markets ETF

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SCHEDULE I

(CONTINUED)

Global X Central America Index ETF

Global X Central and Northern Europe ETF

Global X Southern Europe ETF

Global X Eastern Europe ETF

Global X Central Asia and Mongolia Index ETF

Global X Sub-Saharan Africa Index ETF

Global X S&P Pan Arab Index ETF

Global X FTSE Toll Roads & Ports ETF

Global X FTSE Railroads ETF

Global X Land ETF

Global X Cement ETF

Global X Advanced Materials ETF

Global X Social Media Index ETF

Global X Permanent ETF

Global X SuperIncome Preferred ETF

Global X SuperDividend REIT ETF

Global X SuperIncome ETF

Global X Risk Parity ETF

Global X Guru Index ETF

Global X Guru Value Index ETF

Global X Guru Activist Index ETF

Global X Junior MLP ETF

Global X SuperDividend U.S. ETF

Global X MLP & Energy Infrastructure ETF

Global X Guru Small Cap Index ETF

Global X Guru International Index ETF Global X MSCI Saudi Arabia ETF

Global X SuperValue U.S. ETF

Global X SuperValue International ETF

Global X Guru China Index ETF

Global X Guru Japan Index ETF

Global X Guru United Kingdom Index ETF

Global X Guru India Index ETF

Global X Guru Brazil Index ETF

Global X GF China Bond ETF

Global X FTSE Luxury Consumer ETF

Global X | JPMorgan Efficiente Index ETF

Global X | JPMorgan US Sector Rotator Index ETF

Global X SuperDividend Emerging Markets ETF

Global X SuperDividend Alternatives ETF

Global X Scientific Beta US ETF

Global X Scientific Beta Europe ETF

Global X Scientific Beta Asia ex-Japan ETF

Global X Scientific Beta Japan ETF

Global X Scientific Beta Developed Markets ex-US ETF

Global X Yieldco Index ETF

Global X US Yieldco Index ETF

Global X International Yieldco Index ETF

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