AMENDMENT TO ADMINISTRATION AGREEMENT

This AMENDMENT (this “Amendment”) to the ADMINISTRATION AGREEMENT, dated as of September 9, 2010, as amended from time to time (the “Agreement”), by and among JPMorgan Chase Bank, N.A. (“J.P. Morgan”) and the AQR Funds, on behalf of each series fund and each Cayman Islands entity listed on Schedule 1 hereto; (each series, fund or Cayman Islands entity listed on Schedule 1 hereto separate and not jointly, “Customer” or “Fund”), is entered into and shall be effective as of May 4, 2026 (the “Effective Date”).

W I T N E S S E T H :

WHEREAS, the Customer and J.P. Morgan entered into the Agreement to provide for fund administration services; and,

WHEREAS, the parties wish to amend Schedule 1 to reflect organizational and name changes in the Funds.

NOW THEREFORE, in consideration of the mutual agreements herein contained, the receipt and legal sufficiency of which is hereby acknowledged, the parties hereto agree as follows:

 

  1.

Definitions. Unless otherwise defined herein, defined terms used in this Amendment shall have the meaning ascribed to such terms in the Agreement.

 

  2.

Representations. Each party hereto represents to the other parties that all representations contained in the Agreement are true and accurate as of the date of this Amendment, and that such representations are deemed to be given or repeated by each party, as the case may be, on the date of this Amendment.

 

  3.

Entire Agreement. This Amendment and the Agreement and any documents referred to in each of them, constitutes the whole agreement between the parties relating to their subject matter and supersedes and extinguishes any other drafts, agreements, undertakings, representations, warranties and arrangements of any nature, whether in writing or oral, relating to such subject matter. If any of the provisions of this Amendment are inconsistent with or in conflict with any of the provisions of the Agreement then, to the extent of any such inconsistency or conflict, the provisions of this Amendment shall prevail as between the parties.

 

  4.

Governing Law. This Amendment shall be construed in accordance with and governed by the laws of the State of New York excluding any principles of conflicts of law or other rule of law that would cause the application of the law of any jurisdiction other than the laws of the State of New York.

 

  5.

Counterparts. This Amendment may be executed in any number of counterparts and any such counterpart shall be deemed an original, but all such counterparts shall constitute one and the same agreement.

[SIGNATURE PAGE TO FOLLOW]


IN WITNESS WHEREOF, the parties hereto have entered into this Joinder as of the date set forth above.

 

  JPMORGAN CHASE BANK, N.A.
  By:  

 /s/ Gabriella Prominski

  Name: Gabriella Prominski
  Title: Vice President
  CUSTOMER:
 

THE AQR FUNDS, on behalf of each Fund

listed on Schedule 1 hereto

  By:  

 /s/ Nicole DonVito

  Name: Nicole DonVito
  Title: Chief Legal Officer, VP & Secretary
  On behalf of each Cayman Islands entity
  Listed on Schedule 1 hereto
  By:  

 /s/ Nicole DonVito

  Name: Nicole DonVito
  Title: Director


SCHEDULE 1

 

Series of AQR Funds

AQR Global Equity Fund*

AQR Large Cap Multi-Style Fund

AQR Small Cap Multi-Style Fund

AQR International Multi-Style Fund

AQR Emerging Multi-Style II Fund

AQR Large Cap Defensive Style Fund

AQR Macro Opportunities Fund

AQR Diversified Arbitrage Fund

AQR Equity Market Neutral Fund

AQR Long-Short Equity Fund

AQR Managed Futures Strategy Fund

AQR Managed Futures Strategy HV Fund

AQR Risk-Balanced Commodities Strategy Fund

AQR Multi-Asset Fund

AQR Style Premia Alternative Fund

AQR Alternative Risk Premia Fund

AQR Diversifying Strategies Fund

AQR Trend Total Return Fund (f/k/a AQR Sustainable Long-Short
Equity Carbon Aware Fund)

AQR CVX Fusion Fund

AQR MS Fusion Fund

AQR MS Fusion HV Fund

AQR LSE Fusion Fund

*To be renamed AQR Global Fund effective May 12, 2026

 

Cayman Islands Entities

AQR Managed Futures Strategy Offshore Fund Ltd.

AQR Multi-Asset Offshore Fund Ltd.

AQR Risk-Balanced Commodities Strategy Offshore Fund Ltd.

AQR Managed Futures Strategy HV Offshore Fund Ltd.

AQR Style Premia Alternative Offshore Fund Ltd.

AQR Macro Opportunities Offshore Fund Ltd.

AQR Alternative Risk Premia Offshore Fund Ltd.

AQR Trend Total Return Offshore Fund Ltd.

AQR CVX Fusion Offshore Fund Ltd.