AMENDMENT NO. 1 TO THE AMENDED AND RESTATED MASTER INVESTMENT ADVISORY AGREEMENT

AMENDMENT NO. 1

TO THE

AMENDED AND RESTATED MASTER INVESTMENT ADVISORY AGREEMENT

This Amendment dated as of August 5, 2020, amends the Amended and Restated Master Investment Advisory Agreement (the “Agreement”), dated July 1, 2020, between AIM International Mutual Funds (Invesco International Mutual Funds), a Delaware statutory trust, and Invesco Advisers, Inc., a Delaware corporation.

W I T N E S S E T H:

WHEREAS, the parties agree to amend the Agreement remove Invesco Global Opportunities Fund;

NOW, THEREFORE, the parties agree that;

Appendix A and Appendix B to the Agreement are hereby deleted in their entirety and replaced with the following:

“ APPENDIX A

FUNDS AND EFFECTIVE DATES


Name of Fund		Effective Date of Advisory Agreement
Invesco Advantage International Fund		May 24, 2019

Invesco Asia Pacific Growth Fund		November 25, 2003

Invesco European Growth Fund		November 25, 2003

Invesco Global Growth Fund		November 25, 2003

Invesco International Select Equity Fund		December 21, 2015

Invesco International Core Equity Fund		November 25, 2003

Invesco International Growth Fund		November 25, 2003

Invesco MSCI World SRI Index Fund		June 30, 2016

Invesco Oppenheimer Global Focus Fund		May 24, 2019

Invesco Oppenheimer Global Fund		May 24, 2019

Invesco Oppenheimer Global Opportunities Fund		May 24, 2019

Invesco Xxxxxxxxxxx International Equity Fund		May 24, 2019

Invesco Xxxxxxxxxxx International Growth Fund		May 24, 2019

Invesco Xxxxxxxxxxx International Small-Mid Company Fund		May 24, 2019

Invesco Select Opportunities Fund		July 30, 0000

XXXXXXXX X

COMPENSATION TO THE ADVISOR

The Trust shall pay the Adviser, out of the assets of each Fund, as full compensation for all services rendered, an advisory fee for such Funds as set forth below. Such fee shall be calculated by applying the following annual rates to the average daily net assets of such Funds for the calendar year computed in the manner used for the determination of the net asset value of shares of such Funds.

Invesco Advantage International Fund


Net Assets	Annual Rate**
First $500 million		0.49	%
Next $500 million		0.47	%
Next $4 billion		0.44	%
Over $ 5 billion		0.42	%

Invesco Asia Pacific Growth Fund

Invesco European Growth Fund

Invesco International Select Equity Fund

Invesco International Growth Fund


Net Assets	Annual Rate
First $250 million		0.935	%
Next $ 250 million		0.91	%
Next $ 500 million		0.885	%
Next $1.5 billion		0.86	%
Next $2.5 billion		0.835	%
Next $2.5 billion		0.81	%
Next $2.5 billion		0.785	%
Over $10 billion		0.76	%

Invesco Global Growth Fund

Invesco Select Opportunities Fund


Net Assets	Annual Rate
First $250 million		0.80	%
Next $250 million		0.78	%
Next $500 million		0.76	%
Next $1.5 billion		0.74	%
Next $2.5 billion		0.72	%
Next $2.5 billion		0.70	%
Next $2.5 billion		0.68	%
Over $ 10 billion		0.66	%

Invesco MSCI World SRI Index Fund


Net Assets	Annual Rate
First $25 million		0.65	%
Over $25 million		0.60	%

Invesco International Core Equity Fund


Net Assets	Annual Rate
First $500 million		0.75	%
Next $500 million		0.65	%
From $1 billion		0.55	%
From $2 billion		0.45	%


From $4 billion	0.40	%
From $6 billion	0.375	%
From $8 billion	0.35	%

Invesco Oppenheimer Global Focus Fund*


Net Assets	Annual Rate
First $500 million		0.80	%
Next $500 million		0.75	%
Over $1 billion		0.72	%

Invesco Oppenheimer Global Fund*


Net Assets	Annual Rate
First $250 million		0.80	%
Next $250 million		0.77	%
Next $500 million		0.75	%
Next $1 billion		0.69	%
Next $1.5 billion		0.67	%
Next $2.5 billion		0.65	%
Next $2.5 billion		0.63	%
Next $2.5 billion		0.60	%
Next $4 billion		0.58	%
Next $8 billion		0.56	%
Over $ 23 billion		0.54	%

Invesco Oppenheimer Global Opportunities Fund*


Net Assets	Annual Rate
First $250 million		0.80	%
Next $ 250 million		0.77	%
Next $ 500 million		0.75	%
Next $ 1 billion		0.69	%
Next $ 1.5 billion		0.67	%
Next $ 2.5 billion		0.65	%
Next $ 4 billion		0.63	%
Over $10 billion		0.61	%

Invesco Xxxxxxxxxxx International Equity Fund*


Net Assets	Annual Rate
First $500 million		0.85	%
Next $500 million		0.75	%
Next $1 billion		0.70	%
Next $3 billion		0.67	%
Over $ 5 billion		0.65	%

*	The advisory fee payable by the Fund shall be reduced by any amounts paid by such Fund under the Administrative Services Agreement between such Fund and Invesco Advisers, Inc.

Invesco Xxxxxxxxxxx International Growth Fund*


Net Assets	Annual Rate
First $250 million		0.80	%
Next $ 250 million		0.77	%
Next $ 500 million		0.75	%
Next $ 1 billion		0.69	%
Next $ 3 billion		0.67	%
Next $ 5 billion		0.65	%
Next $ 10 billion		0.63	%
Next $ 10 billion		0.61	%
Over $30 billion		0.59	%

Invesco Xxxxxxxxxxx International Small-Mid Company Fund*


Net Assets	Annual Rate
First $500 million		1.00	%
Next $ 500 million		0.95	%
Next $ 4 billion		0.92	%
Next $ 5 billion		0.90	%
Next $ 10 billion		0.88	%
Over $20 billion		0.87	%

In all other respects, the Agreement is hereby confirmed and remains in full force and effect.

*	The advisory fee payable by the Fund shall be reduced by any amounts paid by such Fund under the Administrative Services Agreement between such Fund and Invesco Advisers, Inc.

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their respective officers on the date first written above.


AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS)


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

INVESCO ADVISERS, INC.

By:		/s/ Xxxxxxx X. Xxxxx
		Xxxxxxx X. Xxxxx
		Senior Vice President & Secretary

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AMENDMENT NO. 1 TO THE AMENDED AND RESTATED MASTER INVESTMENT ADVISORY AGREEMENT

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