Exhibit (d)(2)(ii)

AMENDED AND RESTATED EXHIBIT A – FUNDS AND MANAGEMENT FEES

Pursuant to Section 4(a) of the Management Agreement between Northern Funds (the “Trust”) and Northern Trust Investments, Inc. (“NTI”) dated June 6, 2025, as amended, the Trust shall pay to NTI a fee at the annual rate calculated as a percentage of each Fund’s assets as set forth below:

EXHIBIT A

FUNDS AND MANAGEMENT FEES

    Fund Name   

Unitary Management Fee
in basis points

(as a percentage of Fund’s
average daily net assets)

 1.

 

Northern Trust Short-Term Tax-Exempt Bond ETF

   5.00

 2.

 

Northern Trust Intermediate Tax-Exempt Bond ETF

   5.00

 3.

 

Northern Trust Tax-Exempt Bond ETF

   5.00

 4.

 

Northern Trust 2030 Inflation-Linked Distributing Ladder ETF

   10.00

 5.

 

Northern Trust 2035 Inflation-Linked Distributing Ladder ETF

   10.00

 6.

 

Northern Trust 2045 Inflation-Linked Distributing Ladder ETF

   10.00

 7.

 

Northern Trust 2055 Inflation-Linked Distributing Ladder ETF

   10.00

 8.

 

Northern Trust 2030 Tax-Exempt Distributing Ladder ETF

   18.00

 9.

 

Northern Trust 2035 Tax-Exempt Distributing Ladder ETF

   18.00

 10.

 

Northern Trust 2045 Tax-Exempt Distributing Ladder ETF

   18.00

 11.

 

Northern Trust 2055 Tax-Exempt Distributing Ladder ETF

   18.00

 12.

 

Northern Trust US Equity ETF

   8.00

 13.

 

Northern Trust 2031 Inflation-Linked Distributing Ladder ETF

   10.00

 14.

 

Northern Trust 2036 Inflation-Linked Distributing Ladder ETF

   10.00

 15.

 

Northern Trust 2046 Inflation-Linked Distributing Ladder ETF

   10.00

 16.

 

Northern Trust 2056 Inflation-Linked Distributing Ladder ETF

   10.00

 17.

 

Northern Trust 2031 Tax-Exempt Distributing Ladder ETF

   18.00

 18.

 

Northern Trust 2036 Tax-Exempt Distributing Ladder ETF

   18.00

 19.

 

Northern Trust 2046 Tax-Exempt Distributing Ladder ETF

   18.00

 20.

 

Northern Trust 2056 Tax-Exempt Distributing Ladder ETF

   18.00

 21.

 

Northern Trust New York Intermediate Tax-Exempt Bond ETF

   9.00

 22.

 

Northern Trust California Intermediate Tax-Exempt Bond ETF

   6.00

 23.

 

Northern Trust Equity Income ETF

   46.00

 24.

 

Northern Trust MSCI US 500 ETF

   4.00

 25.

 

Northern Trust MSCI US 400 ETF

   9.00

 26.

 

Northern Trust MSCI US 2000 ETF

   9.00

 27.

 

Northern Trust MSCI EAFE ETF

   9.00

 28.

 

Northern Trust Tax-Advantaged Ultra-Short Income ETF

   23.00
 

 

NORTHERN FUNDS    NORTHERN TRUST INVESTMENTS, INC.

 

NTAC:3NS-20


By:/s/ Kevin P. O’Rourke                 By:/s/ Randal Rein            
Name: Kevin P. O’Rourke    Name: Randal Rein
Title: President    Title: Senior Vice President
Date: August 20, 2026    Date: August 20, 2026

 

NTAC:3NS-20