PAX WORLD FUNDS SERIES TRUST I

AMENDMENT NO. 1 TO THE 

AGREEMENT AND DECLARATION OF TRUST

WHEREAS, Section 7 of Article VIII of the Agreement and Declaration of Trust (the “Declaration of Trust”) of Pax World Funds Series Trust I (the “Trust”), dated May 25, 2006, as amended from time to time, authorizes the Trustees of the Trust to amend the Declaration of Trust at any time, without Shareholder vote, by an instrument in writing signed by a majority of the then Trustees; and

NOW, THEREFORE, the undersigned, being at least a majority of the Trustees of the Trust, do hereby amend said Declaration of Trust as set forth below, effective December 31, 2022:

1. Section 1 of Article I of the Declaration of Trust is hereby amended by replacing the text therein with the following:

SECTION 1. NAME. This Trust shall be known as “Impax Funds Series Trust I” and the Trustees shall conduct the business of the Trust under that name or any other name as they may from time to time determine.

2. The first paragraph of Section 6 of Article III of the Declaration of Trust is hereby amended by replacing the text therein with the following:

SECTION 6. ESTABLISHMENT AND DESIGNATION OF SERIES AND CLASSES. Without limiting the authority of the Trustees set forth in Section 5, inter alia, to establish and designate any further Series or classes or to modify the rights and preferences of any Series or class, the following Series shall be, and are hereby, established and designated:

Impax Large Cap Fund 

Impax Small Cap Fund 

Impax US Sustainable Economy Fund 

Impax Global Sustainable Infrastructure Fund 

Impax Global Opportunities Fund 

Impax Global Environmental Markets Fund 

Impax International Sustainable Economy Fund 

Impax Core Bond Fund 

Impax High Yield Bond Fund 

Impax Sustainable Allocation Fund

3. Section 8 of Article VIII of the Declaration of Trust is hereby amended by replacing the text therein with the following:

SECTION 8. ADDRESSES. The address of the Trust is c/o Ropes & Gray LLP, 800 Boylston Street, Boston, MA 02199. The address of each of the Trustees is c/o Ropes & Gray LLP, 800 Boylston Street, Boston, MA 02199.

The rest of the Declaration of Trust remains unchanged.

The foregoing amendment is effective as of December 31, 2022.

IN WITNESS WHEREOF, the undersigned has signed this Amendment No. 1 to the Declaration of Trust.

/s/ Adrian P. Anderson		/s/ Anne M. Goggin
Adrian P. Anderson		Anne M. Goggin
Date:	12/31/22	Date:	12/31/22
/s/ D’Anne Hurd		/s/ Joseph F. Keefe
D’Anne Hurd		Joseph F. Keefe
Date:	12/31/22	Date:	12/31/22
/s/ John L. Liechty		/s/ Lindsey B. Martinez
John L. Liechty		Lindsey B. Martinez
Date:	12/31/22	Date:	12/31/22

/s/Nancy S. Taylor
Nancy S. Taylor
Date:	12/31/22

Registered Agent:	Corporation Service Company
	84 State Street
	Boston, MA 02109

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