0001193125-20-199803 Sample Contracts

NORTHERN FUNDS SUB-ADVISORY AGREEMENT MULTI-MANAGER GLOBAL LISTED INFRASTRUCTURE FUND
Sub-Advisory Agreement • July 27th, 2020 • Northern Funds • Illinois

Sub-Advisory Agreement (this “Agreement”) entered into as of the 14th day of November, 2019, by and among Northern Trust Investments, Inc. (the “Adviser”), and First Sentier Investors (Australia) IM LTD (ACN 114 194 311) a corporation organized under the laws of Australia (the “Sub-Adviser”).

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NORTHERN FUNDS AMENDMENT NO. 3 TO SUB-ADVISORY AGREEMENT MULTI-MANAGER HIGH YIELD OPPORTUNITY FUND
Sub-Advisory Agreement • July 27th, 2020 • Northern Funds

This Amendment (“Amendment”), dated as of the 20th day of February, 2020, is entered into between Northern Trust Investments, Inc. (the “Adviser”), and Nomura Corporate Research and Asset Management Inc. (the “Sub-Adviser”).

NORTHERN FUNDS AMENDMENT NO. 2 TO SUB-ADVISORY AGREEMENT MULTI-MANAGER GLOBAL LISTED INFRASTRUCTURE FUND
Sub-Advisory Agreement • July 27th, 2020 • Northern Funds

This Amendment (“Amendment”), dated as of the 14th day of November, 2019, is entered into between Northern Trust Investments, Inc. (the “Adviser”), and Maple-Brown Abbott Limited (the “Sub-Adviser”).

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