AMENDED AND RESTATED SUB-ADVISORY AGREEMENTSub-Advisory Agreement • February 25th, 2021 • Delaware Pooled Trust
WHEREAS, the registrants on Schedule I hereto are registered under the Investment Company Act of 1940, as amended (the “1940 Act”), and each is organized as a statutory trust under the laws of the State of Delaware (each, a “Trust”);
Delaware Management Company 100 Independence, 610 Market Street Philadelphia, PA 19106-2354Delaware Pooled Trust • February 25th, 2021
By our execution of this letter agreement (the “Agreement”), intending to be legally bound hereby, Delaware Management Company, a series of Macquarie Investment Management Business Trust (the “Manager”), agrees that in order to improve the performance of certain series of Delaware Pooled Trust set forth below (collectively, the “Funds”), the Manager shall waive all or a portion of its investment advisory fees and/or pay/reimburse expenses (excluding any 12b-1 fees, acquired fund fees and expenses, taxes, interest, short sale dividend and interest expenses, brokerage fees, certain insurance costs, and nonroutine expenses or costs, including, but not limited to, those relating to reorganizations, litigation, conducting shareholder meetings, and liquidations (collectively, the “Excluded Expenses”)) in an aggregate amount equal to the amount by which the Funds’ total annual operating expenses (excluding any Excluded Expenses) exceed the percentages set forth below for the period from Febru
