0001683863-22-007071 Sample Contracts

AMENDMENT NO. 4
Agreement and Declaration • November 2nd, 2022 • Vanguard Trustees' Equity Fund • Delaware

This Amendment No. 4 (the "Amendment") to the Amended and Restated Agreement and Declaration of Trust of Vanguard Trustees' Equity Fund (the "Trust") amends the Declaration of Trust as of November 19, 2008, as amended (the "Agreement").

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INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • November 2nd, 2022 • Vanguard Trustees' Equity Fund • Delaware

THIS AGREEMENT is made as of this 16th day of November, 2022, between Vanguard Trustees' Equity Fund, a Delaware statutory trust (the "Trust"), and Ninety One North America, Inc., a Delaware corporation (the "Advisor").

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