CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We hereby consent to the incorporation by reference in this Registration Statement on Form N-1A of our report dated April 24, 2026, relating to the financial statements and financial highlights of Victory Portfolios III, as specifically identified in Appendix A, each a series of Victory Portfolios III, which are included in Form N-CSR for the year ended February 28, 2026, and to the references to our firm under the headings “Financial Highlights” in the Prospectus and “The Trust’s Adviser and Other Service Providers” and “Portfolio Holdings Disclosure” in the Statement of Additional Information.
COHEN & COMPANY, LTD.
Cleveland, Ohio
June 25, 2026
Appendix A
Victory Portfolios III – February 28, 2026
Victory Cornerstone Aggressive Fund
Victory Cornerstone Conservative Fund
Victory Cornerstone Equity Fund
Victory Cornerstone Moderate Fund
Victory Cornerstone Moderately Aggressive Fund
Victory Cornerstone Moderately Conservative Fund
Victory California Bond Fund
Victory Government Securities Fund
Victory Growth and Tax Strategy Fund
Victory New York Bond Fund
Victory Virginia Bond Fund
Victory Emerging Markets Fund
Victory Global Equity Income Fund
Victory International Fund
Victory Precious Metals and Minerals Fund
Victory World Equity Fund (Formerly, Victory Sustainable World Fund)
Victory Target Managed Allocation Fund
Victory Tax Exempt Intermediate-Term Fund
Victory Tax Exempt Long-Term Fund
Victory Tax Exempt Short-Term Fund
Victory Tax Exempt Money Market Fund
Victory Treasury Money Market Fund