SCHEDULE I

TO THE DISTRIBUTION AGREEMENT

between

VICTORY PORTFOLIOS

and

VICTORY CAPITAL SERVICES, INC.

	Fund Name		Fund Name
1	Victory Diversified Stock Fund	23	Victory RS Large Cap Alpha Fund
2	Victory Floating Rate Fund	24	Victory RS Mid Cap Growth Fund
3	Victory Global Natural Resources Fund	25	Victory RS Partners Fund
4	Victory High Income Municipal Bond Fund	26	Victory RS Science and Technology Fund
5	Victory High Yield Fund	27	Victory RS Select Growth Fund
6	Victory INCORE Fund for Income	28	Victory RS Small Cap Equity Fund
7	Victory INCORE Investment Grade Convertible Fund	29	Victory RS Small Cap Growth Fund
8	Victory INCORE Investment Quality Bond Fund	30	Victory RS Value Fund
9	Victory INCORE Low Duration Bond Fund	31	Victory S&P 500 Index Fund
10	Victory INCORE Total Return Bond Fund	32	Victory Sophus Emerging Markets Fund
11	Victory Integrity Discovery Fund	33	Victory Sophus Emerging Markets Small Cap Fund
12	Victory Integrity Mid-Cap Value Fund	34	Victory Special Value Fund
13	Victory Integrity Small/Mid-Cap Value Fund	35	Victory Strategic Allocation Fund
14	Victory Integrity Small-Cap Value Fund	36	Victory Strategic Income Fund
15	Victory Munder Mid-Cap Core Growth Fund	37	Victory Sycamore Established Value Fund
16	Victory Munder Multi-Cap Fund	38	Victory Sycamore Small Company Opportunity Fund
17	Victory Munder Small Cap Growth Fund	39	Victory Tax-Exempt Fund
18	Victory NewBridge Large Cap Growth Fund	40	Victory Trivalent Emerging Markets Small-Cap Fund
19	Victory RS Global Fund	41	Victory Trivalent International Fund-Core Equity
20	Victory RS Growth Fund	42	Victory Trivalent International Small-Cap Fund
21	Victory RS International Fund	43	Victory THB US Small Opportunities Fund**

22Victory RS Investors Fund

**pending launch

As of February 2, 2021

VICTORY PORTFOLIOS

By:

/s/ Christopher K. Dyer

Name: Christopher K. Dyer

Title: President

VICTORY CAPITAL SERVICES, INC.

By:

/s/ Christopher K. Dyer

Name: Christopher K. Dyer

Title: Chief Operating Officer