Execution Version

AMENDMENT NO. 16 TO INVESTMENT ADVISORY AGREEMENT

This AMENDMENT No. 16 to the INVESTMENT ADVISORY AGREEMENT (the “Amendment”) is effective as of January 25 2021, by and among THE VARIABLE ANNUITY LIFE INSURANCE COMPANY (“VALIC”) and VALIC COMPANY I (“VC I”).

RECITALS

WHEREAS, VALIC and VALIC Company I (“VC I”) entered into an Investment Advisory Agreement dated January 1, 2002, as amended (the “Agreement”), with respect to the funds listed in Schedule A (the “Covered Funds”); and

WHEREAS, the parties wish to amend Schedule A to the Agreement to reflect the addition of the Small Cap Growth Fund (the “New Fund”) as a Covered Fund; and

NOW, THEREFORE, in consideration of the mutual promises set forth herein, VALIC and VC I agree as follows:

1. Schedule A Amendment. Schedule A is amended to reflect the addition of the New Fund as a Covered Fund.

2. Counterparts. This Amendment may be executed in two or more counterparts, each of which shall be an original and all of which together shall constitute one instrument.

3. Full Force and Effect. Except as expressly supplemented, amended or consented to hereby, all of the representations, warranties, terms, covenants and conditions of the Agreement shall remain unamended and shall continue to be in full force and effect.

IN WITNESS WHEREOF, the undersigned have executed this Amendment No. 16 as of the date first above written.

THE VARIABLE ANNUITY LIFE INSURANCE COMPANY		VALIC COMPANY I
By:	/s/ THOMAS M. WARD	By:	/s/ GREGORY R. KINGSTON
Name:	Thomas M. Ward	Name:	Gregory R. Kingston
Title:	Authorized Signatory	Title:	Treasurer and Principal Financial Officer

VALIC COMPANY I

AMENDED SCHEDULE A

to Investment Advisory Agreement

(Effective January 25, 2021)

COVERED FUNDS

Annual Fee computed at the following annual rate, based on average monthly net assets value and payable monthly:

Aggressive Growth Lifestyle Fund	0.10%
Asset Allocation Fund	0.50% on the first $300 million
	0.475% on the next $200 million
	0.45% on assets over $500 million
Blue Chip Growth Fund	0.75% on the first $250 million
	0.725% on the next $250 million
	0.70% on assets over $500 million
Capital Appreciation Fund	0.55% on the first $1 billion
	0.525% on assets over $1 billion
Capital Conservation Fund	0.50% on the first $250 million
	0.45% on the next $250 million
	0.40% on the next $500 million
	0.35% on assets over $1 billion
Conservative Growth Lifestyle Fund	0.10%
Core Bond Fund	0.50% on the first $200 million
	0.45% on the next $300 million
	0.40% on assets over $500 million
Core Equity Fund	0.80% on the first $250 million
	0.75% on the next $250 million
	0.70% on the next $500 million
	0.65% on assets over $1 billion
Dividend Value Fund	0.75% on the first $250 million
	0.72% on the next $250 million
	0.67% on the next $500 million
	0.62% on assets over $1 billion
Dynamic Allocation Fund	0.25% on the first $1 billion
	0.22% on the next $1 billion
	0.20% on assets over $2 billion
Emerging Economies Fund	0.81% on the first $250 million
	0.76% on the next $250 million
	0.71% on the next $500 million
	0.66% on assets over $1 billion
Global Real Estate Fund	0.75% on the first $250 million
	0.70% on the next $250 million
	0.65% on assets over $500 million

Global Strategy Fund	0.50% on the first $500 million
	0.46% on assets over $500 million
Government Money Market I Fund	0.40%
Government Securities Fund	0.50% on the first $250 million
	0.45% on the next $250 million
	0.40% on the next $500 million
	0.35% on assets over $1 billion
Growth Fund	0.73% on the first $500 million
	0.67% on the next $500 million
	0.64% on the next $500 million
	0.61% on assets over $1.5 billion
Health Sciences Fund	1.00% on the first $500 million
	0.95% on assets over $500 million
High Yield Bond Fund	0.65% on the first $150 million
	0.60% on the next $350 million
	0.55% over $500 million
Inflation Protected Fund	0.50% on the first $250 million
	0.45% on the next $250 million
	0.40% on assets over $500 million
International Equities Index Fund	0.35% on the first $500 million
	0.25% on the next $500 million
	0.24% on assets over $1 billion
International Government Bond Fund	0.50% on the first $250 million
	0.45% on the next $250 million
	0.40% on the next $500 million
	0.35% on assets over $1 billion
International Growth Fund	0.95% on the first $250 million
	0.90% on the next $250 million
	0.85% on the next $500 million
	0.80% on assets over $1 billion
International Opportunities Fund	0.90% on the first $100 million
	0.80% on the next $650 million
	0.75% on assets over $750 million
International Socially Responsible Fund	0.50% on the first $500 million
	0.475% on the next $500 million
	0.45% on assets over $1 billion
International Value Fund	0.73% on the first $250 million
	0.68% on the next $250 million
	0.63% on the next $500 million
	0.58% on assets over $1 billion
Large Cap Core Fund	0.70% on the first $250 million
	0.65% on the next $250 million
	0.60% on the next $500 million
	0.55% on assets over $1 billion

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Large Capital Growth Fund	0.64% on the first $750 million
	0.59% on assets over $750 million
Mid Cap Index Fund	0.35% on the first $500 million
	0.25% on the next $2.5 billion
	0.20% on the next $2 billion
	0.15% on assets over $5 billion
Mid Cap Strategic Growth Fund	0.70% on the first $250 million
	0.65% on the next $250 million
	0.60% on assets over $500 million
Mid Cap Value Fund	0.75% on the first $100 million
	0.725% on the next $150 million
	0.70% on the next $250 million
	0.675% on the next $250 million
	0.65% over $750 million
Moderate Growth Lifestyle Fund	0.10%
Nasdaq-100® Index Fund	0.40% on the first $250 million
	0.38% on the next $250 million
	0.36% on assets over $500 million
Science & Technology Fund	0.90% on the first $500 million
	0.85% on assets over $500 million
Small Cap Aggressive Growth Fund	0.85% on the first $250 million
	0.75% on assets over $250 million
Small Cap Fund	0.90% on the first $250 million
	0.85% on the next $250 million
	0.80% on the next $500 million
	0.75% on assets over $1 billion
Small Cap Growth Fund	0.85% on the first $100 million
	0.80% on assets over $100 million
Small Cap Index Fund	0.35% on the first $500 million
	0.25% on the next $2.5 billion
	0.20% on the next $2 billion
	0.15% on assets over $5 billion
Small Cap Special Values Fund	0.75% on the first $500 million
	0.70% on assets over $500 million
Small Cap Value Fund	0.75% on the first $50 million
	0.65% on assets over $50 million
Small-Mid Growth Fund	0.85% on the first $250 million
	0.75% on assets over $250 million

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Stock Index Fund	0.35% on the first $500 million
	0.25% on the next $2.5 billion
	0.20% on the next $2 billion
	0.15% on assets over $5 billion
Systematic Core Fund	0.75% on the first $500 million
	0.725% on assets over $500 million
Systematic Value Fund	0.70% on the first $250 million
	0.65% on the next $250 million
	0.60% on the next $500 million
	0.55% on assets over $1 billion
U.S. Socially Responsible Fund	0.25% on the first $1 billion
	0.24% on assets over $1 billion
Value Fund	0.78% on the first $250 million
	0.73% on the next $250 million
	0.68% on the next $500 million
	0.63% on assets over $1 billion

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