AMENDMENT NO. 5 TO FOURTH AMENDED AND RESTATED AGREEMENT AND DECLARATION OF TRUST OF AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)

AMENDMENT NO. 5

TO FOURTH AMENDED AND RESTATED

AGREEMENT AND DECLARATION OF TRUST OF

AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)

This Amendment No. 5 (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, 2021, the Fourth Amended and Restated Agreement and Declaration of Trust of the Trust dated as of April 11, 2017, as amended (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 following Funds’ names:

FUND NAME		NEW FUND NAME
Invesco Oppenheimer V.I. Capital Appreciation Fund		Invesco V.I. Capital Appreciation Fund
Invesco Oppenheimer V.I. Conservative Balanced Fund		Invesco V.I. Conservative Balanced Fund
Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund		Invesco V.I. Discovery Mid Cap Growth Fund
Invesco Oppenheimer V.I. Global Fund		Invesco V.I. Global Fund
Invesco Oppenheimer V.I. Global Strategic Income Fund		Invesco V.I. Global Strategic Income Fund
Invesco Oppenheimer V.I. Main Street Fund		Invesco V.I. Main Street Fund
Invesco Oppenheimer V.I Main Street Small Cap Fund		Invesco V.I. Main Street Small Cap Fund
Invesco Oppenheimer V.I. Government Money Fund		Invesco V.I. U.S. Government Money Portfolio
Invesco Oppenheimer V.I. Total Return Bond Fund		Invesco V.I. Core Bond 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 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 June 3, 2020.

By:		/s/ Xxxxxxx X. Xxxxx
Names:		Xxxxxxx X. Xxxxx
Title:		Secretary, Senior Vice President and Chief Legal Officer

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. Capital Appreciation Fund		Series I Shares
		Series II Shares
Invesco V.I. Conservative Balanced Fund		Series I Shares
		Series II Shares
Invesco V.I. Core Bond Fund		Series I Shares
		Series II Shares
Invesco V.I. Core Plus Bond Fund		Series I Shares
		Series II Shares
Invesco V.I. Discovery Mid Cap Growth 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 Fund		Series I Shares
		Series II Shares
Invesco V.I. Global Core Equity 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

PORTFOLIO		CLASSES OF EACH PORTFOLIO
Invesco V.I. Growth and Income Fund		Series I Shares
		Series II Shares
Invesco V.I. Global Strategic Income Fund		Series I Shares
		Series II Shares
Invesco V.I. Health Care Fund		Series I Shares
		Series II Shares
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. Main Street Fund®		Series I Shares
		Series II Shares
Invesco V.I. Main Street Small Cap 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 Oppenheimer V.I. International 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. U.S. Government Money Portfolio		Series I Shares
		Series II Shares
Invesco V.I. Value Opportunities Fund		Series I Shares
		Series II Shares”