0001398344-23-007753 Sample Contracts

EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • April 25th, 2023 • Driehaus Mutual Funds

EXPENSE LIMITATION AGREEMENT (the “Agreement”), effective as of April 30, 2023 by and between Driehaus Capital Management LLC, a Delaware limited liability company (the “Adviser”), and Driehaus Mutual Funds (the “Trust”), on behalf of the Driehaus Emerging Markets Small Cap Growth Fund series of the Trust (the “Fund”).

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AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT DATED AS OF JULY 1, 2021
Investment Advisory Agreement • April 25th, 2023 • Driehaus Mutual Funds • Illinois

This amendment, dated as of April 30, 2023 (the “Amendment”), between Driehaus Mutual Funds, a Delaware statutory trust (the “Trust”), and Driehaus Capital Management LLC, a Delaware limited liability company (the “Adviser”).

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