AMENDED SCHEDULE B to the INVESTMENT ADVISORY AGREEMENT Dated May 20, 2020 between MANAGER DIRECTED PORTFOLIOS and HOOD RIVER CAPITAL MANAGEMENT LLC Investment Advisory Fee Schedule

AMENDED SCHEDULE B

to the

INVESTMENT ADVISORY AGREEMENT

Dated May 20, 2020 between

MANAGER DIRECTED PORTFOLIOS

and

HOOD RIVER CAPITAL MANAGEMENT LLC

Investment Advisory Fee Schedule

Hood River Portfolio			Annual Fee as a Percentage of Average Daily Net Assets (“Assets”)
Hood River Small-Cap Growth Fund			0.90%
Hood River International Opportunity Fund			1.05%

IN WITNESS WHEREOF, the parties hereto have caused this Amended Schedule B to be signed on their behalf by their duly authorized officers as of October 17, 2023.

MANAGER DIRECTED PORTFOLIOS, on behalf of each Fund listed on this Schedule B.

By: /s/ Xxxxx X. Xxxxxxxxx________________

Name: Xxxxx X. Xxxxxxxxx

Title: President

HOOD RIVER CAPITAL MANAGEMENT LLC

By: /s/ Xxxxx Xxxxxxx________________

Name: Xxxxx Xxxxxxx

Title: Chief Executive Officer