0001683863-19-000476 Sample Contracts

ADVANCED SERIES TRUST AST Mid-Cap Growth Portfolio SUBADVISORY AGREEMENT
Subadvisory Agreement • April 16th, 2019 • Advanced Series Trust • New York

Agreement made as of this 11th day of April, 2019 between PGIM Investments LLC (PGIM Investments), a New York limited liability company and AST Investment Services, Inc. (formerly American Skandia Investment Services, Inc.) (AST), a Maryland corporation (together, the Co-Managers), and Massachusetts Financial Services Company (d/b/a MFS Investment Management), a Delaware corporation (MFS or the Subadviser),

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ADVANCED SERIES TRUST FORM OF AMENDMENT NO. 3 TO MANAGEMENT AGREEMENT
Management Agreement • April 16th, 2019 • Advanced Series Trust

Amendment No. 3 to Management Agreement made this 29th day of April, 2019, by and between Advanced Series Trust (AST), on behalf of each series listed on Schedule A hereto (collectively, the Portfolios), PGIM Investments LLC and AST Investment Services, Inc. (collectively, the Manager).

Amendment to Subadvisory Agreement for AST HOTCHKIS & WILEY LARGE-CAP VALUE PORTFOLIO OF
Subadvisory Agreement • April 16th, 2019 • Advanced Series Trust

AST Investment Services, Inc. (formerly American Skandia Investment Services, Inc.), PGIM Investments LLC (formerly Prudential Investments LLC) (collectively, the “Manager”) and Hotchkis and Wiley Capital Management LLC (the “Subadviser”) hereby agree to amend the Subadvisory Agreement, dated as of April 20, 2004, by and among the Manager and the Subadviser, pursuant to which the Subadviser has been retained to provide investment advisory services to the AST Hotchkis & Wiley Large-Cap Value Portfolio, as follows;

Amendment to Subadvisory Agreement for AST INTERNATIONAL GROWTH PORTFOLIO OF
Subadvisory Agreement • April 16th, 2019 • Advanced Series Trust

AST Investment Services, Inc., PGIM Investments LLC (formerly, Prudential Investments LLC) (collectively, the “Manager”) and Neuberger Berman Investment Advisers LLC (formerly, Neuberger Berman Management LLC ) (the “Subadviser”) hereby agree to amend the Subadvisory Agreement, dated as of June 7, 2013, as amended April 1, 2014, by and among the Manager and the Subadviser, pursuant to which the Subadviser has been retained to provide investment advisory services to the AST International Growth Portfolio, as follows;

Amendment to Subadvisory Agreement for AST INTERNATIONAL VALUE PORTFOLIO OF
Subadvisory Agreement • April 16th, 2019 • Advanced Series Trust

AST Investment Services, Inc. (formerly American Skandia Investment Services, Inc.), PGIM Investments LLC (formerly Prudential Investments LLC) (collectively, the “Manager”) and LSV Asset Management (the “Subadviser”) hereby agree to amend the Subadvisory Agreement, dated as of November 1, 2004, as amended January 1, 2007, by and among the Manager and the Subadviser, pursuant to which the Subadviser has been retained to provide investment advisory services to the AST International Value Portfolio, as follows;

Amendment to Subadvisory Agreement for AST ADVANCED STRATEGIES PORTFOLIO OF
Subadvisory Agreement • April 16th, 2019 • Advanced Series Trust

AST Investment Services, Inc., PGIM Investments LLC (formerly Prudential Investments LLC) (collectively, the “Manager”) and T. Rowe Price Associates, Inc. (the “Subadviser”) hereby agree to amend the Subadvisory Agreement, dated as of March 20, 2006, as amended October 17, 2016, by and among the Manager and the Subadviser, pursuant to which the Subadviser has been retained to provide investment advisory services to the AST Advanced Strategies Portfolio as follows;

Amendment to Subadvisory Agreement for AST T ROWE PRICE LARGE-CAP VALUE PORTFOLIO OF
Subadvisory Agreement • April 16th, 2019 • Advanced Series Trust

AST Investment Services, Inc., PGIM Investments LLC (formerly Prudential Investments LLC) (collectively, the “Manager”) and T. Rowe Price Associates, Inc. (the “Subadviser”) hereby agree to amend the Subadvisory Agreement, dated as of October 11, 2016, by and among the Manager and the Subadviser, pursuant to which the Subadviser has been retained to provide investment advisory services to the AST T. Rowe Price Large-Cap Value Portfolio as follows;

Amendment to Subadvisory Agreement for AST MULTI-SECTOR FIXED INCOME PORTFOLIO OF
Subadvisory Agreement • April 16th, 2019 • Advanced Series Trust

AST Investment Services, Inc., PGIM Investments LLC (formerly Prudential Investments LLC) (collectively, the “Manager”) and PGIM, Inc. (formerly Prudential Investments Management, Inc.) (the “Subadviser”) hereby agree to amend the Subadvisory Agreement, dated as February 25, 2013 by and between the Manager and the Subadviser, pursuant to which the Subadviser has been retained to provide investment advisory services to the AST Multi-Sector Fixed Income Portfolio (formerly AST Long Duration Bond Portfolio) as follows:

Amendment to Subadvisory Agreement
Subadvisory Agreement • April 16th, 2019 • Advanced Series Trust

AST Investment Services, Inc. (formerly American Skandia Investment Services, Inc.), PGIM Investments LLC (formerly Prudential Investments LLC) (collectively, the “Manager”) and LSV Asset Management (the “Subadviser”) hereby agree to amend the Subadvisory Agreement, dated as of March 20, 2006, as amended January 1, 2007, by and among the Manager and the Subadviser, pursuant to which the Subadviser has been retained to provide investment advisory services to the AST Advanced Strategies Portfolio, as follows;

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