December 14, 2022

First Eagle Funds
1345 Avenue of the Americas
New York, NY 10105

Re: Expense Limitations for each of the First Eagle Fund of
America (to be renamed First Eagle Rising Dividend Fund),
First Eagle Small Cap Opportunity Fund, First Eagle Global
Real Assets Fund, First Eagle U.S. Smid Cap Opportunity Fund
and First Eagle High Income Fund (each, a "Fund")

Dear First Eagle Funds:

First Eagle Investment Management, LLC (the "Investment Adviser")
and First Eagle Funds (the "Trust"), on behalf of each Fund, hereby
confirm their agreement as follows:

Effective March 1, 2023, and January 1, 2023 solely with respect to
the First Eagle High Income Fund, and until the date noted on
Schedule A attached hereto (the "Limitation Period"), the Investment
Adviser agrees to waive fees and/or reimburse annual operating expenses
(excluding interest, taxes, brokerage commissions, acquired fund fees
and expenses, dividend and interest expenses relating to short sales,
and extraordinary expenses, if any) ("Operating Expenses") of each
Fund's respective Classes noted on Schedule A (each a "Class") so that
the Operating Expenses of each Fund's respective Classes are limited to
the respective rate per annum, as noted on Schedule A, of that Class'
average daily net assets (each, an "Expense Limitation"). Commitment
fees relating to borrowings are treated as interest for purposes of
this section.

Each Fund agrees to repay the Investment Adviser out of
assets attributable to its respective Class noted on Schedule A for any
fees waived by the Investment Adviser under an Expense Limitation
or any Operating Expenses the Investment Adviser reimburses in excess
of an Expense Limitation, provided that the repayment does not cause
that Class' Operating Expenses to exceed the expense limitation in place
at the time the fees were waived and/or the expenses were reimbursed, or
the expense limitation in place at the time a Fund repays the Investment
Adviser, whichever is lower. Any such repayment must be made within
three years after the year in which the Investment Adviser incurred the
expense.

The Investment Adviser understands that it shall look only to the assets
attributable to the respective Class of a Fund for performance of this
Agreement and for payment of any claim the Investment Adviser may have
hereunder, and neither any other series of the Trust or Class of a Fund,
nor any of the Trust's trustees, officers, employees, agents, or
shareholders, whether past, present or future, shall be personally
liable therefor.

This Agreement is made and is to be performed principally in the State of
New York, and except insofar as the Investment Company Act of 1940, as
amended, or other federal laws and regulations may be controlling, this
Agreement shall be governed by, and construed and enforced in accordance
with, the laws of the State of New York. Any amendment to this Agreement
shall be in writing signed by the parties hereto, and requires approval
of the Board of Trustees of the Trust, including a majority of the
Trustees who are not "interested persons" of the Trust as that term is
defined in the Investment Company Act of 1940. If you are in agreement
with the foregoing, please sign the form of acceptance on the enclosed
counterpart hereof and return the same.

[Signature Page Follows]

FIRST EAGLE FUNDS,
on behalf of each of the
First Eagle Fund of America,
First Eagle Small Cap Opportunity
Fund,
First Eagle Global Real Assets Fund,
First Eagle U.S. Smid Cap Opportunity
Fund and
First Eagle High Income Fund,
individually and not jointly
By:
Name: Mehdi Mahmud
Title: President
Agreed and Acknowledged:
FIRST EAGLE INVESTMENT MANAGEMENT, LLC
By:
Name: Mehdi Mahmud
Title: President and Chief Executive Officer

SCHEDULE A
Fund Class Limitation Period Expense Limitation
Fund of America (to
be renamed Rising
Dividend Fund)
A February 29, 2024 0.90%
C February 29, 2024 1.65%
I February 29, 2024 0.65%
R3 February 29, 2024 1.00%
R4 February 29, 2024 0.75%
R5 February 29, 2024 0.65%
R6 February 29, 2024 0.65%
Small Cap
Opportunity Fund
A February 29, 2024 1.25%
I February 29, 2024 1.00%
R6 February 29, 2024 1.00%
Global Real Assets
Fund
A February 29, 2024 1.10%
I February 29, 2024 0.85%
R6 February 29, 2024 0.85%
U.S. Smid Cap
Opportunity Fund
A February 29, 2024 1.20%
I February 29, 2024 0.95%
R6 February 29, 2024 0.95%
High Income Fund A February 29, 2024 0.94%
C February 29, 2024 1.69%
I February 29, 2024 0.69%
R3 February 29, 2024 1.04%
R4 February 29, 2024 0.79%
R5 February 29, 2024 0.69%
R6 February 29, 2024 0.69