AMENDMENT NO. 3 TO THE AMENDED AND RESTATED MASTER INTERGROUP SUB-ADVISORY CONTRACT FOR MUTUAL FUNDS

Exhibit 99.d(2)(d)

AMENDMENT NO. 3

TO THE

AMENDED AND RESTATED MASTER INTERGROUP SUB-ADVISORY CONTRACT

FOR MUTUAL FUNDS

This Amendment, effective as of April 29, 2022, 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”).

W I T N E S S E T H:

WHEREAS, the Trust desires to amend the Agreement to change the name of Invesco V.I. International Growth Fund to Invesco V.I. EQV International Equity Fund and to remove Invesco V.I. Core Bond Fund and Invesco V.I. S&P 500 Index Fund, each a series portfolio of AIM Variable Insurance Funds (Invesco Variable Insurance Funds) (“AVIF”), effective April 29, 2022.

NOW THEREFORE, the parties agree that:

1. Exhibit A to the Contract 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 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. EQV International Equity 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 Buffer Fund – March

Invesco V.I. S&P 500 Buffer Fund – June

Invesco V.I. S&P 500 Buffer Fund – September

Invesco V.I. S&P 500 Buffer Fund – December

Invesco V.I. NASDAQ 100 Buffer Fund – March

Invesco V.I. NASDAQ 100 Buffer Fund – June

Invesco V.I. NASDAQ 100 Buffer Fund – September

Invesco V.I. NASDAQ 100 Buffer Fund – December

Invesco V.I. Small Cap Equity Fund

Invesco V.I. Technology Fund 

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

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

IN WITNESS WHEREOF, the parties hereto have caused this Amendment 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:

Name: Xxxxxxx X. Xxxxx Name:

Title: Senior Vice President & Secretary Title:

		INVESCO ASSET MANAGEMENT
		DEUTSCHLAND GMBH
		Sub-Adviser
		By:

Name:

Title:

		INVESCO ASSET MANAGEMENT LIMITED
		Sub-Adviser
		By:

Name:

Title:

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		INVESCO ASSET MANAGEMENT (JAPAN)
		LTD.
		Sub-Adviser
		By:

Name:

Title:

		INVESCO HONG KONG LIMITED
		Sub-Adviser
		By:

Name:

Title:

		INVESCO SENIOR SECURED
		MANAGEMENT, INC.
		Sub-Adviser
		By:

Name:

Title:

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