EX-99.H(III)(A) 5 pzenaamendedschedaaroela01.htm AMENDED SCHEDULE A TO OPERATING EXPENSES LIMITATION AGREEMENT Document

SCHEDULE A
to the Amended and Restated Operating Expenses Limitation Agreement dated June 1, 2022

(as amended on January 31, 2025)



Advisors Series Trust Fund and Share Class
Operating Expense Limit as a Percentage of Average Daily Net Assets
Pzena Mid Cap Value Fund

-Investor Class & Institutional Class
0.90%
Pzena Emerging Markets Value Fund

-Investor Class & Institutional Class
1.08%
Pzena Small Cap Value Fund

-Investor Class & Institutional Class
1.00%
Pzena International Small Cap Value Fund

-Investor Class & Institutional Class
1.03%
Pzena International Value Fund

-Investor Class & Institutional Class
0.74%










ADVISORS SERIES TRUST
on behalf of the series listed on Schedule A
PZENA INVESTMENT MANAGEMENT, LLC
By:    /s/Jeffrey T. Rauman
By:     /s/Allison Fisch
Name:    Jeffrey T. RaumanName:    Allison Fisch
Title:    PresidentTitle:    President



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