0001398344-24-022352 Sample Contracts

EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • November 27th, 2024 • Advisors' Inner Circle Fund III • Delaware

EXPENSE LIMITATION AGREEMENT, effective as of November 6, 2024, by and between Brown Advisory LLC (the “Adviser”) and The Advisors’ Inner Circle Fund III (the “Trust”) (the “Agreement”), on behalf of the series of the Trust set forth in Schedule A attached hereto (the “Funds”).

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INVESTMENT SUBADVISORY AGREEMENT
Investment Subadvisory Agreement • November 27th, 2024 • Advisors' Inner Circle Fund III • Delaware

WHEREAS, pursuant to authority granted to the Adviser by the Board of Trustees (the “Board”) of The Advisors’ Inner Circle Fund III (the “Trust”), a Delaware statutory trust registered as an open-end management investment company under the Investment Company Act of 1940, as amended (the “1940 Act”), on behalf of the series set forth on Schedule A to this Agreement (each, a “Fund,” and, collectively, the “Funds”), and pursuant to the provisions of the Investment Advisory Agreement, dated as of November 6, 2024, by and between the Adviser and the Trust (the “Management Agreement”), the Adviser has selected the Subadviser to act as sub-investment adviser of each Fund and to provide certain related services, as more fully set forth below, and to perform these services under the terms and conditions hereinafter set forth; and

investment ADVISORY AGREEMENT
Investment Advisory Agreement • November 27th, 2024 • Advisors' Inner Circle Fund III • Delaware

INVESTMENT ADVISORY AGREEMENT (the “Agreement”) made as of this 6th day of November, 2024, by and between The Advisors’ Inner Circle Fund III (the “Trust”), a Delaware statutory trust registered as an investment company under the Investment Company Act of 1940, as amended (the “1940 Act”), and Brown Advisory LLC (the “Adviser”), a limited liability company organized under the laws of the State of Maryland, with the Adviser’s principal place of business at 901 South Bond Street, Suite 400, Baltimore, MD 21231.

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