SCHEDULE A

SERIES AND CLASSES

As of October 31, 2014

Series	Classes
Brown Advisory Growth Equity Fund		Advisor Shares Investor Shares Institutional Shares
Brown Advisory Value Equity Fund		Advisor Shares Investor Shares Institutional Shares
Brown Advisory Flexible Equity Fund		Advisor Shares Investor Shares Institutional Shares
Brown Advisory Small-Cap Growth Fund		Advisor Shares Investor Shares Institutional Shares
Brown Advisory Small-Cap Fundamental Value Fund		Advisor Shares Investor Shares Institutional Shares
Brown Advisory Opportunity Fund		Advisor Shares Investor Shares Institutional Shares
Brown Advisory Maryland Bond Fund		Advisor Shares Investor Shares Institutional Shares
Brown Advisory Intermediate Income Fund		Advisor Shares Investor Shares Institutional Shares
Brown Advisory Strategic Bond Fund		Advisor Shares Investor Shares Institutional Shares

Series Classes

Brown Advisory Equity Income Fund	Advisor Shares Investor Shares Institutional Shares
Brown Advisory Tax Exempt Bond Fund	Advisor Shares Investor Shares Institutional Shares
Brown Advisory Sustainable Growth Fund	Advisor Shares Investor Shares Institutional Shares
Brown Advisory – Somerset Emerging Markets Fund	Advisor Shares Investor Shares Institutional Shares
Brown Advisory – WMC Strategic European Equity Fund	Advisor Shares Investor Shares Institutional Shares
Brown Advisory Mortgage Securities Fund	Advisor Shares Investor Shares Institutional Shares
Brown Advisory – WMC Japan Alpha Opportunities Fund	Advisor Shares Investor Shares Institutional Shares
Brown Advisory Total Return Fund	Advisor Shares Investor Shares Institutional Shares
Brown Advisory Multi-Strategy Fund	Advisor Shares Investor Shares Institutional Shares
Brown Advisory Emerging Markets Small-Cap Fund	Advisor Shares Investor Shares Institutional Shares