AMERICAN FUNDS INSURANCE SERIES Amended and Restated ADMINISTRATIVE SERVICES AGREEMENT
AMERICAN FUNDS INSURANCE SERIES
Amended and Restated ADMINISTRATIVE SERVICES AGREEMENT
WHEREAS, American Funds Insurance Series (the “Series”), a Massachusetts business trust, is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company that consists of the funds set forth on Exhibit A (each a “Fund” and collectively the “Funds”) and may offer additional series of funds in the future;
WHEREAS, each Fund offers one or more of the following share classes of beneficial interest: Class 1, Class 1A, Class 2, Class 3, Class 4, Class P1 and Class P2, as set forth on Exhibit A (Class 1, Class 1A, Class 2, Class 3, Class 4, Class P1 and Class P2 shares collectively the “shares”);
WHEREAS, Capital Research and Management Company (the “Investment Adviser”) is a Delaware corporation registered under the Investment Advisers Act of 1940, as amended, and is engaged in the business of providing investment advisory and related services to the Series and to other investment companies;
WHEREAS, the Series wishes to have the Investment Adviser assist financial advisers and other intermediaries with their provision of service to contract owners who invest in variable insurance contracts and policies that use the funds in the Series as underlying investments and to arrange for and coordinate, monitor and oversee the activities performed by insurance companies that offer such contracts to investors (the “administrative services”);
WHEREAS, the Investment Adviser is willing to perform or to cause to be performed such administrative services for the Series’ shares on the terms and conditions set forth herein; and
WHEREAS, the Series and the Investment Adviser wish to enter into an Amended and Restated Administrative Services Agreement (“Agreement”) whereby the Investment Adviser would perform or cause to be performed such administrative services for each Fund’s shares;
NOW, THEREFORE, the parties agree as follows:
1. Services. During the term of this Agreement, the Investment Adviser shall perform or cause to be performed the administrative services set forth in Exhibit B hereto, as such exhibit may be amended from time to time by mutual consent of the parties.
2. Fees. In consideration of administrative services performed by the Investment Adviser for the Series’ Class 1 shares, Class 1A shares, Class 2 shares, Class 3 shares and Class 4 shares the Series shall pay the Investment Adviser an administrative services fee (“administrative fee”) of 0.05% of the average daily net assets of Class 1 shares, Class 1A shares, Class 2 shares, Class 3 shares and Class 4 shares. Class P1 shares and Class P2 shares shall not be subject to an administrative fee. The administrative fee shall be invoiced and paid within 30 days after the end of the month in which the administrative services were performed.
3. Effective Date and Termination of Agreement. This Agreement shall become effective on September 9, 2025 and unless terminated sooner it shall continue in effect until April 30, 2026. It may thereafter be continued from year to year only with the approval of a majority of those Trustees of the Series who are not “interested persons” of the Series (as defined in the 1940 Act) and have no direct or indirect financial interest in the operation of this Agreement or any agreement related to it (the “Independent Trustees”). The effective and termination dates of this Agreement with respect to the Funds are set forth on Exhibit A. This Agreement may be terminated as to the Series as a whole or any Fund in the Series or class of shares of the Funds individually at any time by vote of a majority of the Independent Trustees. The Investment Adviser may terminate this agreement upon sixty (60) days’ prior written notice to the Series.
4. Amendment. This Agreement may not be amended to increase materially the fees payable under this Agreement unless such amendment is approved by the vote of a majority of the Independent Trustees.
5. Assignment. This Agreement shall not be assignable by either party hereto and in the event of assignment shall automatically terminate forthwith. The term “assignment” shall have the meaning set forth in the 1940 Act. Notwithstanding the foregoing, the Investment Adviser is specifically authorized to contract with its affiliates for the provision of administrative services on behalf of the Series.
6. Issuance of Series of Shares. This Agreement may be adopted, amended, continued or renewed with respect to an additional series of shares as provided herein, notwithstanding that such adoption, amendment, continuance or renewal has not been effected with respect to any one or more other series of shares of the Series.
7. Choice of Law. This Agreement shall be construed under and shall be governed by the laws of the State of California, and the parties hereto agree that proper venue of any action with respect hereto shall be Los Angeles County, California.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed in duplicate original by its officers thereunto duly authorized, as of September 9, 2025.
| CAPITAL RESEARCH AND MANAGEMENT COMPANY | AMERICAN FUNDS INSURANCE SERIES |
| By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ | By: /s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ |
| ▇▇▇▇ ▇▇▇▇▇▇▇ | ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ |
| Senior Vice President & General Counsel | Secretary |
EXHIBIT A
to the
AMERICAN FUNDS INSURANCE SERIES
Amended and Restated Administrative Services Agreement
| Fund | Effective Date | Termination Date |
| Global Growth Fund3 | 9/9/25 | 4/30/26 |
| Global Small Capitalization Fund3 | 9/9/25 | 4/30/26 |
| U.S. Small and Mid Cap Equity Fund3 | 9/9/25 | 4/30/26 |
| Growth Fund1 | 9/9/25 | 4/30/26 |
| International Fund1 | 9/9/25 | 4/30/26 |
| New World Fund3 | 9/9/25 | 4/30/26 |
| Capital World Growth and Income Fund3 | 9/9/25 | 4/30/26 |
| Growth-Income Fund1 | 9/9/25 | 4/30/26 |
| International Growth and Income Fund3 | 9/9/25 | 4/30/26 |
| Washington Mutual Investors Fund3 | 9/9/25 | 4/30/26 |
| Capital Income Builder3 | 9/9/25 | 4/30/26 |
| Asset Allocation Fund1 | 9/9/25 | 4/30/26 |
| American Funds Global Balanced Fund3 | 9/9/25 | 4/30/26 |
| American Funds Mortgage Fund3 | 9/9/25 | 4/30/26 |
| American High-Income Trust1 | 9/9/25 | 4/30/26 |
| Capital World Bond Fund3 | 9/9/25 | 4/30/26 |
| The Bond Fund of America3 | 9/9/25 | 4/30/26 |
| Corporate Bond Fund3 | 9/9/25 | 4/30/26 |
| U.S. Government Securities Fund1 | 9/9/25 | 4/30/26 |
| Ultra-Short Bond Fund1 | 9/9/25 | 4/30/26 |
| Managed Risk Growth Fund2 | 9/9/25 | 4/30/26 |
| Managed Risk International Fund2 | 9/9/25 | 4/30/26 |
| Managed Risk Washington Mutual Investors Fund2 | 9/9/25 | 4/30/26 |
| Managed Risk Growth-Income Fund2 | 9/9/25 | 4/30/26 |
| Managed Risk Asset Allocation Fund2 | 9/9/25 | 4/30/26 |
1 Fund offers Class 3 shares
2 Funds offer Class P1 and P2 shares only. Do not offer Class 1, 1A, 2, 3, or 4 shares
3 Fund offers Class 1, 1A, 2, and 4 shares only. Does not offer Class 3, P1 or P2 shares
EXHIBIT B
to the
AMERICAN FUNDS INSURANCE SERIES
Amended and Restated Administrative Services Agreement
1. Assisting Financial Intermediaries in their Provision of Shareholder Services
The Investment Adviser shall assist financial advisers and other intermediaries in their provision of services to contract owners who invest in variable insurance contracts and polices that use the Funds in the Series as underlying investments. Such assistance shall include, but not be limited to, responding to a variety of inquiries such as Series investment policies and Series market timing policies. In addition, the Investment Adviser shall provide such intermediaries with in-depth information on current market developments and economic trends/forecasts and their effects on the Series and detailed Series analytics, and such other matters as may reasonably be requested by financial advisers or other intermediaries to assist them in their provision of service to contract owners.
2. Coordination, Oversight and Monitoring of Insurance Companies
The Investment Adviser is responsible for establishing and maintaining a framework to oversee the activities performed by the insurance companies that use the Funds in the Series as underlying investments in variable insurance contracts and policies. In doing so the Investment Adviser shall establish processes to assess adherence to the terms of applicable agreements with such insurance companies, the Funds’ then current prospectuses, and other regulatory requirements and applicable standards. These oversight processes may, but need not, include monitoring: (i) transaction processing, (ii) shareholder communications, (iii) commission/fee calculations, (iv) cash and share reconciliations, (v) risk governance programs, (vi) information security programs, and (vii) business continuity/disaster recovery programs.
American funds INSURANCE series – PORTFOLIO SERIES
AMENDED AND RESTATED ADMINISTRATIVE SERVICES AGREEMENT
WHEREAS, American Funds Insurance Series (the “Series”), a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end diversified investment company that consists of the funds set forth on Exhibit A (each a “Fund” and collectively the “Funds”) and may offer additional series of funds in the future;
WHEREAS, each Fund offers one or more of the following share classes of beneficial interest: Class 1, Class 1A, Class 2, Class 4, Class P1 and Class P2, as set forth on Exhibit A (Class 1, Class 1A, Class 2, Class 4, Class P1 and Class P2 shares collectively the “shares”);
WHEREAS, Capital Research and Management Company (the “Investment Adviser”), is a Delaware corporation registered under the Investment Advisers Act of 1940, as amended, and is engaged in the business of providing investment advisory and related services to the Series and to other investment companies;
WHEREAS, the Series wishes to have the Investment Adviser assist financial advisers and other intermediaries with their provision of service to contract owners who invest in variable insurance contracts and policies that use the funds in the Series as underlying investments and to arrange for and coordinate, monitor and oversee the activities performed by insurance companies that offer such contracts to investors (the “administrative services”);
WHEREAS, the Investment Adviser is willing to perform or to cause to be performed such administrative services for the Series’ shares on the terms and conditions set forth herein; and
WHEREAS, the Series and the Investment Adviser wish to enter into an Amended and Restated Administrative Services Agreement (“Agreement”) whereby the Investment Adviser would perform or cause to be performed such administrative services for each Fund’s shares;
NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained and other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged) the parties agree as follows:
1. Services. During the term of this Agreement, the Investment Adviser shall perform or cause to be performed the administrative services set forth in Exhibit B hereto, as such exhibit may be amended from time to time by mutual consent of the parties.
2. Effective Date and Termination of Agreement. This Agreement shall become effective on September 9, 2025 and unless terminated sooner it shall continue in effect until April 30, 2026. It may thereafter be continued from year to year only with the approval of a majority of those Trustees of the Series who are not “interested persons” of the Series (as defined in the 1940 Act) and have no direct or indirect financial interest in the operation of this Agreement or any agreement related to it (the “Independent Trustees”). The effective and termination dates of this Agreement with respect to the Funds are set forth on Exhibit A. This Agreement may be terminated as to the Series as a whole or any Fund in the Series or class of shares of the Funds individually at any time by vote of a majority of the Independent Trustees. The Investment Adviser may terminate this agreement upon sixty (60) days’ prior written notice to the Series.
3. Amendment. This Agreement may not be amended to increase materially the fees payable under this Agreement unless such amendment is approved by the vote of a majority of the Independent Trustees.
4. Assignment. This Agreement shall not be assignable by either party hereto and in the event of assignment shall automatically terminate forthwith. The term “assignment” shall have the meaning set forth in the 1940 Act. Notwithstanding the foregoing, the Investment Adviser is specifically authorized to contract with its affiliates for the provision of administrative services on behalf of the Series.
5. Issuance of Series of Shares. This Agreement may be adopted, amended, continued or renewed with respect to an additional series of shares as provided herein, notwithstanding that such adoption, amendment, continuance or renewal has not been effected with respect to any one or more other series of shares of the Series.
6. Choice of Law. This Agreement shall be construed under and shall be governed by the laws of the State of California, and the parties hereto agree that proper venue of any action with respect hereto shall be Los Angeles County, California.
[Remainder of page intentionally left blank.]
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed in duplicate original by its officers thereunto duly authorized, as of September 9, 2025.
| CAPITAL RESEARCH AND MANAGEMENT COMPANY | AMERICAN FUNDS INSURANCE SERIES |
| By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ | By: /s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ |
| ▇▇▇▇ ▇▇▇▇▇▇▇ | ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ |
| Senior Vice President & General Counsel | Secretary |
EXHIBIT A
to the
American funds INSURANCE series – PORTFOLIO SERIES
Amended and Restated Administrative Services Agreement
|
Fund |
Effective Date | Termination Date |
| Portfolio Series – American Funds Global Growth Portfolio1 | 9/9/25 | 4/30/26 |
| Portfolio Series – American Funds Growth and Income Portfolio1` | 9/9/25 | 4/30/26 |
| Portfolio Series – American Funds Managed Risk Growth Portfolio2 | 9/9/25 | 4/30/26 |
| Portfolio Series – American Funds Managed Risk Growth and Income Portfolio2 | 9/9/25 | 4/30/26 |
| Portfolio Series – American Funds Managed Risk Global Allocation Portfolio2 | 9/9/25 | 4/30/26 |
1 Fund offers Class 1, 1A, 2 and 4 shares only. Does not offer Class P1 or P2 shares.
2 Fund offers Class P1 and P2 shares only. Does not offer Class 1, 1A, 2, or 4 shares.
EXHIBIT B
to the
American funds INSURANCE series – PORTFOLIO SERIES
Amended and Restated Administrative Services Agreement
1. Assisting Financial Intermediaries in their Provision of Shareholder Services
The Investment Adviser shall assist financial advisers and other intermediaries in their provision of services to contract owners who invest in variable insurance contracts and polices that use the Funds in the Series as underlying investments. Such assistance shall include, but not be limited to, responding to a variety of inquiries such as Series investment policies and Series market timing policies. In addition, the Investment Adviser shall provide such intermediaries with in-depth information on current market developments and economic trends/forecasts and their effects on the Series and detailed Series analytics, and such other matters as may reasonably be requested by financial advisers or other intermediaries to assist them in their provision of service to contract owners.
2. Coordination, Oversight and Monitoring of Insurance Companies
The Investment Adviser is responsible for establishing and maintaining a framework to oversee the activities performed by the insurance companies that use the Funds in the Series as underlying investments in variable insurance contracts and policies. In doing so the Investment Adviser shall establish processes to assess adherence to the terms of applicable agreements with such insurance companies, the funds’ then current prospectuses, and other regulatory requirements and applicable standards. These oversight processes may, but need not, include monitoring: (i) transaction processing, (ii) shareholder communications, (iii) commission/fee calculations, (iv) cash and share reconciliations, (v) risk governance programs, (vi) information security programs, and (vii) business continuity/disaster recovery programs.
American funds INSURANCE series – TARGET DATE SERIES
AMENDED AND RESTATED ADMINISTRATIVE SERVICES AGREEMENT
WHEREAS, American Funds Insurance Series (the “Series”), a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end diversified investment company that consists of the funds set forth on Exhibit A (each a “Fund” and collectively the “Funds”) and may offer additional series of funds in the future;
WHEREAS, each Fund offers one or more of the following share classes of beneficial interest: Class 1, Class 1A, Class 2, and Class 4, as set forth on Exhibit A (Class 1, Class 1A, Class 2, and Class 4 shares collectively the “shares”);
WHEREAS, Capital Research and Management Company (the “Investment Adviser”), is a Delaware corporation registered under the Investment Advisers Act of 1940, as amended, and is engaged in the business of providing investment advisory and related services to the Series and to other investment companies;
WHEREAS, the Series wishes to have the Investment Adviser assist financial advisers and other intermediaries with their provision of service to contract owners who invest in variable insurance contracts and policies that use the funds in the Series as underlying investments and to arrange for and coordinate, monitor and oversee the activities performed by insurance companies that offer such contracts to investors (the “administrative services”);
WHEREAS, the Investment Adviser is willing to perform or to cause to be performed such administrative services for the Series’ shares on the terms and conditions set forth herein; and
WHEREAS, the Series and the Investment Adviser wish to enter into an Administrative Services Agreement (“Agreement”) whereby the Investment Adviser would perform or cause to be performed such administrative services for each Fund’s shares;
NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained and other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged) the parties agree as follows:
1. Services. During the term of this Agreement, the Investment Adviser shall perform or cause to be performed the administrative services set forth in Exhibit B hereto, as such exhibit may be amended from time to time by mutual consent of the parties.
2. Effective Date and Termination of Agreement. This Agreement shall become effective on September 9, 2025 and unless terminated sooner it shall continue in effect until April 30, 2026. It may thereafter be continued from year to year only with the approval of a majority of those Trustees of the Series who are not “interested persons” of the Series (as defined in the 1940 Act) and have no direct or indirect financial interest in the operation of this Agreement or any agreement related to it (the “Independent Trustees”). The effective and termination dates of this Agreement with respect to the Funds are set forth on Exhibit A. This Agreement may be terminated as to the Series as a whole or any Fund in the Series or class of shares of the Funds individually at any time by vote of a majority of the Independent Trustees. The Investment Adviser may terminate this agreement upon sixty (60) days’ prior written notice to the Series.
3. Amendment. No material amendment to this Agreement shall be made unless such amendment is approved by the vote of a majority of the Independent Trustees.
4. Assignment. This Agreement shall not be assignable by either party hereto and in the event of assignment shall automatically terminate forthwith. The term “assignment” shall have the meaning set forth in the 1940 Act. Notwithstanding the foregoing, the Investment Adviser is specifically authorized to contract with its affiliates for the provision of administrative services on behalf of the Series.
5. Issuance of Additional Series of Funds. This Agreement may be adopted, amended, continued or renewed with respect to an additional series of shares as provided herein, notwithstanding that such adoption, amendment, continuance or renewal has not been effected with respect to any one or more other series of shares of the Series.
6. Choice of Law. This Agreement shall be construed under and shall be governed by the laws of the State of California, and the parties hereto agree that proper venue of any action with respect hereto shall be Los Angeles County, California.
[Remainder of page intentionally left blank.]
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed in duplicate original by its officers thereunto duly authorized, as of September 9, 2025.
| CAPITAL RESEARCH AND MANAGEMENT COMPANY | AMERICAN FUNDS INSURANCE SERIES |
| By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ | By: /s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ |
| ▇▇▇▇ ▇▇▇▇▇▇▇ | ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ |
| Senior Vice President & General Counsel | Secretary |
EXHIBIT A
to the
American funds INSURANCE series – TARGET DATE SERIES
AMENDED AND RESTATED ADMINISTRATIVE SERVICES AGREEMENT
|
Fund |
Effective Date |
Termination Date |
| Target Date Series - American Funds IS 2070 Target Date Fund | 9/9/25 | 4/30/26 |
| Target Date Series - American Funds IS 2065 Target Date Fund | 9/9/25 | 4/30/26 |
| Target Date Series - American Funds IS 2060 Target Date Fund | 9/9/25 | 4/30/26 |
| Target Date Series - American Funds IS 2055 Target Date Fund | 9/9/25 | 4/30/26 |
| Target Date Series - American Funds IS 2050 Target Date Fund | 9/9/25 | 4/30/26 |
| Target Date Series - American Funds IS 2045 Target Date Fund | 9/9/25 | 4/30/26 |
| Target Date Series - American Funds IS 2040 Target Date Fund | 9/9/25 | 4/30/26 |
| Target Date Series - American Funds IS 2035 Target Date Fund | 9/9/25 | 4/30/26 |
| Target Date Series - American Funds IS 2030 Target Date Fund | 9/9/25 | 4/30/26 |
| Target Date Series - American Funds IS 2025 Target Date Fund | 9/9/25 | 4/30/26 |
| Target Date Series - American Funds IS 2020 Target Date Fund | 9/9/25 | 4/30/26 |
| Target Date Series - American Funds IS 2015 Target Date Fund | 9/9/25 | 4/30/26 |
| Target Date Series - American Funds IS 2010 Target Date Fund | 9/9/25 | 4/30/26 |
EXHIBIT B
to the
American funds INSURANCE series – TARGET DATE SERIES
AMENDED AND RESTATED ADMINISTRATIVE SERVICES AGREEMENT
1. Assisting Financial Intermediaries in their Provision of Shareholder Services
The Investment Adviser shall assist financial advisers and other intermediaries in their provision of services to contract owners who invest in variable insurance contracts and polices that use the Funds in the Series as underlying investments. Such assistance shall include, but not be limited to, responding to a variety of inquiries such as Series investment policies and Series market timing policies. In addition, the Investment Adviser shall provide such intermediaries with in-depth information on current market developments and economic trends/forecasts and their effects on the Series and detailed Series analytics, and such other matters as may reasonably be requested by financial advisers or other intermediaries to assist them in their provision of service to contract owners.
2. Coordination, Oversight and Monitoring of Insurance Companies
The Investment Adviser is responsible for establishing and maintaining a framework to oversee the activities performed by the insurance companies that use the Funds in the Series as underlying investments in variable insurance contracts and policies. In doing so the Investment Adviser shall establish processes to assess adherence to the terms of applicable agreements with such insurance companies, the funds’ then current prospectuses, and other regulatory requirements and applicable standards. These oversight processes may, but need not, include monitoring: (i) transaction processing, (ii) shareholder communications, (iii) commission/fee calculations, (iv) cash and share reconciliations, (v) risk governance programs, (vi) information security programs, and (vii) business continuity/disaster recovery programs.
EXHIBIT A
to the
AMERICAN FUNDS INSURANCE SERIES
AMENDED AND RESTATED ADMINISTRATIVE SERVICES AGREEMENT
| Fund | Effective Date | Termination Date |
| Global Growth Fund3 | 5/1/2026 | 4/30/2027 |
| SMALLCAP World Fund3 | 5/1/2026 | 4/30/2027 |
| U.S. Small and Mid Cap Equity Fund3 | 5/1/2026 | 4/30/2027 |
| Growth Fund1 | 5/1/2026 | 4/30/2027 |
| EUPAC Fund1 | 5/1/2026 | 4/30/2027 |
| New World Fund3 | 5/1/2026 | 4/30/2027 |
| Capital World Growth and Income Fund3 | 5/1/2026 | 4/30/2027 |
| Growth-Income Fund1 | 5/1/2026 | 4/30/2027 |
| International Growth and Income Fund3 | 5/1/2026 | 4/30/2027 |
| Washington Mutual Investors Fund3 | 5/1/2026 | 4/30/2027 |
| Capital Income Builder3 | 5/1/2026 | 4/30/2027 |
| Asset Allocation Fund1 | 5/1/2026 | 4/30/2027 |
| American Funds Global Balanced Fund3 | 5/1/2026 | 4/30/2027 |
| American Funds Mortgage Fund3 | 5/1/2026 | 4/30/2027 |
| American High-Income Trust1 | 5/1/2026 | 4/30/2027 |
| Capital World Bond Fund3 | 5/1/2026 | 4/30/2027 |
| The Bond Fund of America3 | 5/1/2026 | 4/30/2027 |
| Corporate Bond Fund3 | 5/1/2026 | 4/30/2027 |
| U.S. Government Securities Fund1 | 5/1/2026 | 4/30/2027 |
| Ultra-Short Bond Fund1 | 5/1/2026 | 4/30/2027 |
| Managed Risk Growth Fund2 | 5/1/2026 | 4/30/2027 |
| Managed Risk EUPAC Fund2 | 5/1/2026 | 4/30/2027 |
| Managed Risk Washington Mutual Investors Fund2 | 5/1/2026 | 4/30/2027 |
| Managed Risk Growth-Income Fund2 | 5/1/2026 | 4/30/2027 |
| Managed Risk Asset Allocation Fund2 | 5/1/2026 | 4/30/2027 |
1 Fund offers Class 3 shares
2 Funds offer Class P1 and P2 shares only. Do not offer Class 1, 1A, 2, 3, or 4 shares
3 Fund offers Class 1, 1A, 2, and 4 shares only. Does not offer Class 3, P1 or P2 shares
EXHIBIT A
to the
AMERICAN FUNDS INSURANCE SERIES – TARGET DATE SERIES
Administrative Services Agreement
| Fund | Effective Date | Termination Date |
| Target Date Series - American Funds IS 2070 Target Date Retirement Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2065 Target Date Retirement Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2060 Target Date Retirement Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2055 Target Date Retirement Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2050 Target Date Retirement Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2045 Target Date Retirement Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2040 Target Date Retirement Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2035 Target Date Retirement Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2030 Target Date Retirement Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2025 Target Date Retirement Income Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2020 Target Date Retirement Income Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2015 Target Date Retirement Income Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2010 Target Date Retirement Income Fund | 5/1/2026 | 4/30/2027 |
EXHIBIT A
to the
AMERICAN FUNDS INSURANCE SERIES
INSURANCE ADMINISTRATION PLAN
Relating to its Class P1 and Class P2 shares
| Fund | Effective Date | Termination Date |
| Managed Risk Growth Fund | 5/1/2026 | 4/30/2027 |
| Managed Risk EUPAC Fund | 5/1/2026 | 4/30/2027 |
| Managed Risk Washington Mutual Investors Fund | 5/1/2026 | 4/30/2027 |
| Managed Risk Growth-Income Fund | 5/1/2026 | 4/30/2027 |
| Managed Risk Asset Allocation Fund | 5/1/2026 | 4/30/2027 |
| Portfolio Series – American Funds Managed Risk Growth Portfolio | 5/1/2026 | 4/30/2027 |
| Portfolio Series – American Funds Managed Risk Growth and Income Portfolio | 5/1/2026 | 4/30/2027 |
| Portfolio Series – American Funds Managed Risk Global Allocation Portfolio | 5/1/2026 | 4/30/2027 |
EXHIBIT A
to the
AMERICAN FUNDS INSURANCE SERIES
AMENDED AND RESTATED INSURANCE ADMINISTRATIVE SERVICE PLAN
Relating to its Class 1A and Class 4 shares
|
Fund |
Effective Date | Termination Date |
| Global Growth Fund | 5/1/2026 | 4/30/2027 |
| SMALLCAP World Fund | 5/1/2026 | 4/30/2027 |
| U.S. Small and Mid Cap Equity Fund | 5/1/2026 | 4/30/2027 |
| Growth Fund | 5/1/2026 | 4/30/2027 |
| EUPAC Fund | 5/1/2026 | 4/30/2027 |
| New World Fund | 5/1/2026 | 4/30/2027 |
| Capital World Growth and Income Fund | 5/1/2026 | 4/30/2027 |
| Growth-Income Fund | 5/1/2026 | 4/30/2027 |
| International Growth and Income Fund | 5/1/2026 | 4/30/2027 |
| Washington Mutual Investors Fund | 5/1/2026 | 4/30/2027 |
| Capital Income Builder | 5/1/2026 | 4/30/2027 |
| Asset Allocation Fund | 5/1/2026 | 4/30/2027 |
| American Funds Global Balanced Fund | 5/1/2026 | 4/30/2027 |
| American Funds Mortgage Fund | 5/1/2026 | 4/30/2027 |
| The Bond Fund of America | 5/1/2026 | 4/30/2027 |
| Corporate Bond Fund | 5/1/2026 | 4/30/2027 |
| Capital World Bond Fund | 5/1/2026 | 4/30/2027 |
| American High-Income Trust | 5/1/2026 | 4/30/2027 |
| Ultra-Short Bond Fund | 5/1/2026 | 4/30/2027 |
| U.S. Government Securities Fund | 5/1/2026 | 4/30/2027 |
| 5/1/2026 | 4/30/2027 | |
| Portfolio Series – American Funds Global Growth Portfolio | 5/1/2026 | 4/30/2027 |
| Portfolio Series – American Funds Growth and Income Portfolio | 5/1/2026 | 4/30/2027 |
| 5/1/2026 | 4/30/2027 | |
| Target Date Series - American Funds IS 2070 Target Date Retirement Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2065 Target Date Retirement Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2060 Target Date Retirement Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2055 Target Date Retirement Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2050 Target Date Retirement Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2045 Target Date Retirement Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2040 Target Date Retirement Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2035 Target Date Retirement Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2030 Target Date Retirement Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2025 Target Date Retirement Income Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2020 Target Date Retirement Income Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2015 Target Date Retirement Income Fund | 5/1/2026 | 4/30/2027 |
| Target Date Series - American Funds IS 2010 Target Date Retirement Income Fund | 5/1/2026 | 4/30/2027 |
EXHIBIT A
to the
AMERICAN FUNDS INSURANCE SERIES
AMENDED AND RESTATED SHAREHOLDER SERVICES AGREEMENT
| Fund | Effective Date |
| Global Growth Fund3 | January 1, 2023 |
| SMALLCAP World Fund3 | January 1, 2023 |
| U.S. Small and Mid Cap Equity Fund3 | May 1, 2025 |
| Growth Fund1 | January 1, 2023 |
| EUPAC Fund1 | January 1, 2023 |
| New World Fund3 | January 1, 2023 |
| Capital World Growth and Income Fund3 | January 1, 2023 |
| Growth-Income Fund1 | January 1, 2023 |
| International Growth and Income Fund3 | January 1, 2023 |
| Washington Mutual Investors Fund3 | January 1, 2023 |
| Capital Income Builder3 | January 1, 2023 |
| Asset Allocation Fund1 | January 1, 2023 |
| American Funds Global Balanced Fund3 | January 1, 2023 |
| American Funds Mortgage Fund3 | January 1, 2023 |
| Capital World Bond Fund3 | January 1, 2023 |
| American High-Income Trust1 | January 1, 2023 |
| The Bond Fund of America3 | January 1, 2023 |
| Corporate Bond Fund3 | January 1, 2023 |
| U.S. Government Securities Fund1 | January 1, 2023 |
| Ultra-Short Bond Fund1 | January 1, 2023 |
| Managed Risk Growth Fund2 | January 1, 2023 |
| Managed Risk EUPAC Fund2 | January 1, 2023 |
| Managed Risk Washington Mutual Investors Fund2 | January 1, 2023 |
| Managed Risk Growth-Income Fund2 | January 1, 2023 |
| Managed Risk Asset Allocation Fund2 | January 1, 2023 |
| Portfolio Series – American Funds Global Growth Portfolio | January 1, 2023 |
| Portfolio Series – American Funds Growth and Income Portfolio | January 1, 2023 |
| Portfolio Series – American Funds Managed Risk Growth Portfolio2 | January 1, 2023 |
| Portfolio Series – American Funds Managed Risk Growth and Income Portfolio2 | January 1, 2023 |
| Portfolio Series – American Funds Managed Risk Global Allocation Portfolio2 | January 1, 2023 |
| Target Date Series - American Funds IS 2070 Target Date Retirement Fund3 | May 1, 2024 |
| Target Date Series - American Funds IS 2065 Target Date Retirement Fund3 | May 1, 2023 |
| Target Date Series - American Funds IS 2060 Target Date Retirement Fund3 | May 1, 2023 |
| Target Date Series - American Funds IS 2055 Target Date Retirement Fund3 | May 1, 2023 |
| Target Date Series - American Funds IS 2050 Target Date Retirement Fund3 | May 1, 2023 |
| Target Date Series - American Funds IS 2045 Target Date Retirement Fund3 | May 1, 2023 |
| Target Date Series - American Funds IS 2040 Target Date Retirement Fund3 | May 1, 2023 |
| Target Date Series - American Funds IS 2035 Target Date Retirement Fund3 | January 1, 2023 |
| Target Date Series - American Funds IS 2030 Target Date Retirement Fund3 | January 1, 2023 |
| Target Date Series - American Funds IS 2025 Target Date Retirement Income Fund3 | January 1, 2023 |
| Target Date Series - American Funds IS 2020 Target Date Retirement Income Fund3 | January 1, 2023 |
| Target Date Series - American Funds IS 2015 Target Date Retirement Income Fund3 | January 1, 2023 |
| Target Date Series - American Funds IS 2010 Target Date Retirement Income Fund3 | January 1, 2023 |
1 Fund offers Class 3 shares
2 Fund offers Class P1 and P2 shares only. Does not offer Class 1, 1A, 2, 3, or 4 shares
3 Fund offers Class 1, 1A, 2 and 4 shares only. Does not offer Class 3, P1, or P2 shares
AMENDMENT TO
SUB-ADMINISTRATION AGREEMENT
Dated as of May 1, 2026
This Amendment is made and is effective as of May 1, 2026 by and among CAPITAL RESEARCH AND MANAGEMENT COMPANY, a California corporation whose principal place of business is at ▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (the “Customer"), AMERICAN FUNDS INSURANCE SERIES, a Massachusetts business trust (the “Series”) and THE BANK OF NEW YORK MELLON, whose principal place of business is at ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ (“Service Provider”).
WHEREAS, the Customer, the Series and Service Provider are parties to a Sub- Administration Agreement dated as of September 28, 2012 (the “Agreement”);
WHEREAS, the parties to the Agreement desire to amend the Agreement for the purposes of amending and restating the List of Funds at Exhibit A to the Agreement (each fund listed, a “Fund”); and
WHEREAS, the Customer desires to appoint Service Provider to provide the Services (as such term is described in the Agreement) with respect to each Fund and Service Provider agrees to provide the Services with respect to each Fund;
NOW, THEREFORE, in consideration of the mutual promises and agreements set forth herein, the parties agree as follows:
| 1. | Exhibit A of the Agreement is hereby amended as of the Effective Date to reflect the name change of Managed Risk International Fund (American Funds Insurance Series) to Managed Risk EUPAC Fund (American Funds Insurance Series). |
| 2. | Miscellaneous: |
| (a) | As hereby amended and supplemented, the Agreement shall remain in full force and effect. In the event of a conflict between the terms of this Amendment and the terms of the Agreement as it relates to the subject matter set forth herein, this Amendment shall control. |
| (b) | The
parties expressly agree that this Amendment may be executed in one or more counterparts and
expressly agree that such execution may occur by manual signature on a physically delivered
copy of this Amendment, by a manual signature on a copy of this Amendment transmitted
by facsimile transmission, by a manual signature on a copy of this Amendment transmitted
as an imaged document attached to an email, or by "Electronic Signature", which is hereby
defined to mean inserting an image, representation or symbol of a signature into an electronic
copy of this Amendment by electronic, digital or other technological methods. Each counterpart executed
in accordance with the foregoing shall be deemed an original, with all such counterparts
together constituting one and the same instrument. The exchange of executed counterparts
of this Amendment or of executed signature pages to counterparts of this Amendment,
in either case by facsimile transmission or as an imaged document attached to an email transmission,
shall constitute effective |
execution and delivery of this Amendment and may be used for all purposes in lieu of a manually executed and physically delivered copy of this Amendment.
[signature page to follow]
IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment to be executed as of the Effective Date by its duly authorized representative indicated below. An authorized representative, if executing this Amendment by Electronic Signature, affirms authorization to execute this Amendment by Electronic Signature and that the Electronic Signature represents an intent to enter into this Amendment and an agreement with its terms.
CAPITAL RESEARCH AND MANAGEMENT COMPANY
By: _/s/ ▇▇▇▇▇▇▇▇ ▇. Nishiyama________________
Name: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
Title: Authorized Signer
AMERICAN FUNDS INSURANCE SERIES,
ON BEHALF OF EACH FUND
By: _/s/ ▇▇▇▇ ▇▇▇▇▇▇________________________
Name: ▇▇▇▇ ▇▇▇▇▇▇
Title: Authorized Signer
THE BANK OF NEW YORK MELLON
By: _/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇____________________
Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
Title: Senior Vice President
Apr 9, 2026
EXHIBIT A
LIST OF FUNDS
Managed Risk Asset Allocation Fund (American Funds Insurance Series)
Managed Risk Growth Fund (American Funds Insurance Series)
Managed Risk Growth-Income Fund (American Funds Insurance Series)
Managed Risk EUPAC Fund (American Funds Insurance Series)
formerly, Managed Risk International Fund (American Funds Insurance Series)
Managed Risk Washington Mutual Investors Fund (American Funds Insurance Series)
formerly, Managed Risk Blue Chip Income and Growth Fund (American Funds Insurance
Series)
American Funds Managed Risk Growth Portfolio (American Funds Insurance Series – Portfolio
Series)
American Funds Managed Risk Growth and Income Portfolio (American Funds Insurance Series –
Portfolio Series)
American Funds Managed Risk Global Allocation Portfolio (American Funds Insurance Series –
Portfolio Series)