GREAT-WEST FUNDS, INC.

ARTICLES SUPPLEMENTARY

Great-West Funds, Inc., a Maryland corporation registered as an open-end investment company under the Investment Company Act of 1940, as amended (the “Corporation”), hereby certifies to the State Department of Assessments and Taxation of Maryland that:

FIRST: On February 23, 2017 the Board of Directors of the Corporation, pursuant to the authority contained in the Corporation’s charter, and in accordance with Section 2-105(c) of the Maryland General Corporation Law, unanimously adopted resolutions approving:

1. The re-classification of the following shares of previously classified but unissued shares of Common Stock of the Corporation as follows:

Previously Classified Shares (expressed in millions)	Re-Classified Shares (expressed in millions)
Great-West Government Money Market Fund Investor Class – 2,300	Great-West Government Money Market Fund Investor Class – 3100
Great-West Government Money Market Fund Institutional Class – 350	Great-West Government Money Market Fund Institutional Class - 470
Great-West Bond Index Fund Class L – 35	Great-West Bond Index Fund Class L – 45
Great-West Bond Index Fund Institutional Class – 160	Great-West Bond Index Fund Institutional Class – 200
Great-West U.S. Government Mortgage Securities Fund Institutional Class - 150	Great-West U.S. Government Mortgage Securities Fund Institutional Class - 75
Great-West S&P Small Cap 600® Index Fund Investor Class - 90	Great-West S&P Small Cap 600® Index Fund Investor Class -100
Great-West Putnam High Yield Bond Fund Investor Class – 20	Great-West Putnam High Yield Bond Fund Investor Class - 10
Great-West MFS International Value Fund Institutional Class – 150	Great-West MFS International Value Fund Institutional Class - 180
Great-West Goldman Sachs Mid Cap Value Fund Investor Class – 45	Great-West Goldman Sachs Mid Cap Value Fund Investor Class - 20
Great-West Invesco Small Cap Value Fund Investor Class – 20	Great-West Invesco Small Cap Value Fund Investor Class - 10
Great-West Invesco Small Cap Value Fund Institutional Class – 100	Great-West Invesco Small Cap Value Fund Institutional Class- 50
Great-West S&P Mid Cap 400 Index Investor Class – 40	Great-West S&P Mid Cap 400 Index Investor Class – 50
Great-West Ariel Mid Cap Value Fund Institutional Class – 100	Great-West Ariel Mid Cap Value Fund Institutional Class - 50
Great-West International Index Fund Institutional Class – 150	Great-West International Index Fund Institutional Class – 180
Great-West Putnam Equity Income Fund	Great-West Putnam Equity Income Fund

Investor Class – 35	Investor Class - 15
Great-West Real Estate Index Fund Investor Class – 15	Great-West Real Estate Index Fund Investor Class – 17
Great-West Multi-Manager Small Cap Growth Fund Investor Class – 30	Great-West Multi-Manager Small Cap Growth Fund Investor Class – 15
Great-West Multi-Manager Small Cap Growth Fund Institutional Class - 90	Great-West Multi-Manager Small Cap Growth Fund Institutional Class - 50
Great-West Loomis Sayles Small Cap Value Fund Investor Class – 50	Great-West Loomis Sayles Small Cap Value Fund Investor Class - 15
Great-West Short Duration Bond Fund Investor Class – 75	Great-West Short Duration Bond Fund Investor Class - 50
Great-West T. Rowe Price Mid Cap Growth Fund Class L – 6	Great-West T. Rowe Price Mid Cap Growth Fund Class L – 15
Great-West Lifetime 2015 Fund Class L – 32	Great-West Lifetime 2015 Fund Class L – 45
Great-West Lifetime 2025 Fund Service Class – 210	Great-West Lifetime 2025 Fund Service Class – 225
Great-West Lifetime 2025 Fund Class L – 28	Great-West Lifetime 2025 Fund Class L - 30
Great-West Lifetime 2025 Fund Institutional Class – 10	Great-West Lifetime 2025 Fund Institutional Class - 15
Great-West Lifetime 2035 Fund Service Class – 180	Great-West Lifetime 2035 Fund Service Class – 200
Great-West SecureFoundation Balanced Fund Investor Class – 35	Great-West SecureFoundation Balanced Fund Investor Class – 45
Great-West SecureFoundation Balanced Fund Class L - 23	Great-West SecureFoundation Balanced Fund Class L - 40
Great-West SecureFoundation Balanced Fund Institutional Class – 6	Great-West SecureFoundation Balanced Fund Institutional Class – 15
Great-West SecureFoundation Lifetime 2020 Fund Investor Class – 11	Great-West SecureFoundation Lifetime 2020 Fund Investor – 15
Great-West SecureFoundation Lifetime 2030 Fund Investor Class – 14	Great-West SecureFoundation Lifetime 2030 Fund Investor Class – 20
Great-West SecureFoundation Lifetime 2035 Fund Service Class – 30	Great-West SecureFoundation Lifetime 2035 Fund Service Class - 10
Great-West SecureFoundation Lifetime 2040 Fund Investor Class – 11	Great-West SecureFoundation Lifetime 2040 Fund Investor Class - 15
Great-West SecureFoundation Lifetime 2045 Fund Investor Class – 30	Great-West SecureFoundation Lifetime 2045 Fund Investor Class - 10
Great-West SecureFoundation Lifetime 2045 Fund Service Class – 30	Great-West SecureFoundation Lifetime 2045 Fund Service Class - 10
Great-West SecureFoundation Lifetime 2055 Fund Investor Class – 30	Great-West SecureFoundation Lifetime 2055 Fund Investor Class - 10
Great-West SecureFoundation Lifetime 2055 Fund Service Class – 30	Great-West SecureFoundation Lifetime 2055 Fund Service Class - 10

2

SECOND: The shares of the Corporation have been reclassified by the Board of Directors under the authority contained in the Articles of Amendment and Restatement of the Corporation.

THIRD: Immediately prior to the effectiveness of these Articles Supplementary of the Corporation, the Corporation had the authority to issue fifteen billion (15,000,000,000) shares of common stock of the par value of $0.10 per share and of the aggregate par value of one billion five hundred million dollars ($1,500,000,000), of which the Board of Directors had designated 12,056,000,000 shares into portfolios and classes and classified the shares of each portfolio and class as follows:

Previous Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West Government Money Market	Investor Class	2,300
Great-West Government Money Market	Institutional Class	350
Great-West Stock Index	Investor Class	70
Great-West Stock Index	Class L	5
Great-West Stock Index	Institutional Class	5
Great-West Bond Index	Investor Class	85
Great-West Bond Index	Class L	35
Great-West Bond Index	Institutional Class	160
Great-West U.S. Government Mortgage Securities	Investor Class	75
Great-West U.S. Government Mortgage Securities	Class L	5
Great-West U.S. Government Mortgage Securities	Institutional Class	150
Great-West S&P Small Cap 600® Index	Investor Class	90
Great-West S&P Small Cap 600® Index	Class L	5
Great-West S&P Small Cap 600® Index	Institutional Class	150
Great-West Putnam High Yield Bond	Investor Class	20
Great-West Putnam High Yield Bond	Class L	5
Great-West Putnam High Yield Bond	Institutional Class	150
Great-West Multi-Manager Large Cap Growth	Investor Class	50
Great-West Multi-Manager Large Cap Growth	Class L	5
Great-West Multi-Manager Large Cap Growth	Institutional Class	150
Great-West MFS International Growth	Investor Class	20
Great-West MFS International Growth	Class L	5
Great-West MFS International Growth	Institutional Class	150
Great-West Core Bond	Investor Class	20
Great-West Core Bond	Class L	5
Great-West Core Bond	Institutional Class	150

3

Previous Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West MFS International Value	Investor Class	65
Great-West MFS International Value	Class L	5
Great-West MFS International Value	Institutional Class	150
Great-West S&P 500® Index	Investor Class	150
Great-West S&P 500® Index	Class L	30
Great-West S&P 500® Index	Institutional Class	210
Great-West Goldman Sachs Mid Cap Value	Investor Class	45
Great-West Goldman Sachs Mid Cap Value	Class L	5
Great-West Goldman Sachs Mid Cap Value	Institutional Class	150
Great-West Invesco Small Cap Value	Investor Class	20
Great-West Invesco Small Cap Value	Class L	5
Great-West Invesco Small Cap Value	Institutional Class	100
Great-West Ariel Mid Cap Value	Investor Class	200
Great-West Ariel Mid Cap Value	Class L	5
Great-West Ariel Mid Cap Value	Institutional Class	100
Great-West Loomis Sayles Small Cap Value	Investor Class	50
Great-West Loomis Sayles Small Cap Value	Class L	5
Great-West Loomis Sayles Small Cap Value	Institutional Class	150
Great-West Loomis Sayles Bond	Investor Class	80
Great-West Loomis Sayles Bond	Class L	5
Great-West Loomis Sayles Bond	Institutional Class	150
Great-West T. Rowe Price Equity Income	Investor Class	100
Great-West T. Rowe Price Equity Income	Class L	5
Great-West T. Rowe Price Equity Income	Institutional Class	150
Great-West Short Duration Bond	Investor Class	75
Great-West Short Duration Bond	Class L	5
Great-West Short Duration Bond	Institutional Class	150
Great-West T. Rowe Price Mid Cap Growth	Investor Class	100
Great-West T. Rowe Price Mid Cap Growth	Class L	6
Great-West T. Rowe Price Mid Cap Growth	Institutional Class	150
Great-West Templeton Global Bond	Investor Class	70
Great-West Templeton Global Bond	Class L	5
Great-West Templeton Global Bond	Institutional Class	150

4

Previous Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West S&P Mid Cap 400® Index	Investor Class	40
Great-West S&P Mid Cap 400® Index	Class L	5
Great-West S&P Mid Cap 400® Index	Institutional Class	150
Great-West International Index	Investor Class	40
Great-West International Index	Class L	5
Great-West International Index	Institutional Class	150
Great-West Putnam Equity Income	Investor Class	35
Great-West Putnam Equity Income	Class L	5
Great-West Putnam Equity Income	Institutional Class	150
Great-West Real Estate Index	Investor Class	15
Great-West Real Estate Index	Class L	5
Great-West Real Estate Index	Institutional Class	150
Great-West Multi-Manager Small Cap Growth	Investor Class	30
Great-West Multi-Manager Small Cap Growth	Class L	5
Great-West Multi-Manager Small Cap Growth	Institutional Class	90
Great-West Conservative Profile I	Investor Class	100
Great-West Conservative Profile I	Class L	5
Great-West Conservative Profile I	Institutional Class	5
Great-West Moderately Conservative Profile I	Investor Class	100
Great-West Moderately Conservative Profile I	Class L	5
Great-West Moderately Conservative Profile I	Institutional Class	5
Great-West Moderate Profile I	Investor Class	100
Great-West Moderate Profile I	Class L	5
Great-West Moderate Profile I	Institutional Class	5
Great-West Moderately Aggressive Profile I	Investor Class	100
Great-West Moderately Aggressive Profile I	Class L	5
Great-West Moderately Aggressive Profile I	Institutional Class	5
Great-West Aggressive Profile I	Investor Class	100
Great-West Aggressive Profile I	Class L	5
Great-West Aggressive Profile I	Institutional Class	5
Great-West Conservative Profile II	Investor Class	100
Great-West Conservative Profile II	Class L	55
Great-West Conservative Profile II	Institutional Class	6

5

Previous Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West Moderately Conservative Profile II	Investor Class	100
Great-West Moderately Conservative Profile II	Class L	35
Great-West Moderately Conservative Profile II	Institutional Class	5
Great-West Moderate Profile II	Investor Class	250
Great-West Moderate Profile II	Class L	45
Great-West Moderate Profile II	Institutional Class	15
Great-West Moderately Aggressive Profile II	Investor Class	100
Great-West Moderately Aggressive Profile II	Class L	35
Great-West Moderately Aggressive Profile II	Institutional Class	10
Great-West Aggressive Profile II	Investor Class	175
Great-West Aggressive Profile II	Class L	35
Great-West Aggressive Profile II	Institutional Class	10
Great-West Lifetime Conservative 2015	Investor Class	35
Great-West Lifetime Conservative 2015	Service Class	35
Great-West Lifetime Conservative 2015	Class L	5
Great-West Lifetime Conservative 2015	Institutional Class	5
Great-West Lifetime 2015	Investor Class	70
Great-West Lifetime 2015	Service Class	135
Great-West Lifetime 2015	Class L	32
Great-West Lifetime 2015	Institutional Class	10
Great-West Lifetime Conservative 2020	Investor Class	35
Great-West Lifetime Conservative 2020	Service Class	35
Great-West Lifetime Conservative 2020	Class L	5
Great-West Lifetime Conservative 2020	Institutional Class	5
Great-West Lifetime 2020	Investor Class	5
Great-West Lifetime 2020	Service Class	35
Great-West Lifetime 2020	Class L	5
Great-West Lifetime 2020	Institutional Class	5
Great-West Lifetime Conservative 2025	Investor Class	35
Great-West Lifetime Conservative 2025	Service Class	35
Great-West Lifetime Conservative 2025	Class L	5
Great-West Lifetime Conservative 2025	Institutional Class	5
Great-West Lifetime 2025	Investor Class	70
Great-West Lifetime 2025	Service Class	210
Great-West Lifetime 2025	Class L	28

6

Previous Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West Lifetime 2025	Institutional Class	10
Great-West Lifetime Conservative 2030	Investor Class	35
Great-West Lifetime Conservative 2030	Service Class	35
Great-West Lifetime Conservative 2030	Class L	5
Great-West Lifetime Conservative 2030	Institutional Class	5
Great-West Lifetime 2030	Investor Class	35
Great-West Lifetime 2030	Service Class	35
Great-West Lifetime 2030	Class L	5
Great-West Lifetime 2030	Institutional Class	5
Great-West Lifetime Conservative 2035	Investor Class	35
Great-West Lifetime Conservative 2035	Service Class	35
Great-West Lifetime Conservative 2035	Class L	5
Great-West Lifetime Conservative 2035	Institutional Class	5
Great-West Lifetime 2035	Investor Class	70
Great-West Lifetime 2035	Service Class	180
Great-West Lifetime 2035	Class L	28
Great-West Lifetime 2035	Institutional Class	10
Great-West Lifetime Conservative 2040	Investor Class	35
Great-West Lifetime Conservative 2040	Service Class	35
Great-West Lifetime Conservative 2040	Class L	5
Great-West Lifetime Conservative 2040	Institutional Class	5
Great-West Lifetime 2040	Investor Class	35
Great-West Lifetime 2040	Service Class	35
Great-West Lifetime 2040	Class L	5
Great-West Lifetime 2040	Institutional Class	5
Great-West Lifetime Conservative 2045	Investor Class	35
Great-West Lifetime Conservative 2045	Service Class	35
Great-West Lifetime Conservative 2045	Class L	5
Great-West Lifetime Conservative 2045	Institutional Class	5
Great-West Lifetime 2045	Investor Class	70
Great-West Lifetime 2045	Service Class	110
Great-West Lifetime 2045	Class L	28
Great-West Lifetime 2045	Institutional Class	10
Great-West Lifetime Conservative 2050	Investor Class	35
Great-West Lifetime Conservative 2050	Service Class	35

7

Previous Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West Lifetime Conservative 2050	Class L	5
Great-West Lifetime Conservative 2050	Institutional Class	5
Great-West Lifetime 2050	Investor Class	5
Great-West Lifetime 2050	Service Class	35
Great-West Lifetime 2050	Class L	5
Great-West Lifetime 2050	Institutional Class	5
Great-West Lifetime Conservative 2055	Investor Class	35
Great-West Lifetime Conservative 2055	Service Class	35
Great-West Lifetime Conservative 2055	Class L	5
Great-West Lifetime Conservative 2055	Institutional Class	5
Great-West Lifetime 2055	Investor Class	70
Great-West Lifetime 2055	Service Class	70
Great-West Lifetime 2055	Class L	28
Great-West Lifetime 2055	Institutional Class	10
Great-West SecureFoundation® Balanced	Investor Class	35
Great-West SecureFoundation® Balanced	Service Class	30
Great-West SecureFoundation® Balanced	Class L	23
Great-West SecureFoundation® Balanced	Institutional Class	6
Great-West SecureFoundation® Balanced ETF	Class A	20
Great-West SecureFoundation® Lifetime 2015	Investor Class	30
Great-West SecureFoundation® Lifetime 2015	Service Class	30
Great-West SecureFoundation® Lifetime 2015	Class L	5
Great-West SecureFoundation® Lifetime 2015	Institutional Class	5
Great-West SecureFoundation® Lifetime 2020	Investor Class	11
Great-West SecureFoundation® Lifetime 2020	Service Class	5
Great-West SecureFoundation® Lifetime 2020	Class L	5
Great-West SecureFoundation® Lifetime 2020	Institutional Class	5
Great-West SecureFoundation® Lifetime 2025	Investor Class	30
Great-West SecureFoundation® Lifetime 2025	Service Class	30
Great-West SecureFoundation® Lifetime 2025	Class L	5
Great-West SecureFoundation® Lifetime 2025	Institutional Class	5
Great-West SecureFoundation® Lifetime 2030	Investor Class	14
Great-West SecureFoundation® Lifetime 2030	Service Class	5
Great-West SecureFoundation® Lifetime 2030	Class L	5
Great-West SecureFoundation® Lifetime 2030	Institutional Class	5

8

Previous Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West SecureFoundation® Lifetime 2035	Investor Class	30
Great-West SecureFoundation® Lifetime 2035	Service Class	30
Great-West SecureFoundation® Lifetime 2035	Class L	5
Great-West SecureFoundation® Lifetime 2035	Institutional Class	5
Great-West SecureFoundation® Lifetime 2040	Investor Class	11
Great-West SecureFoundation® Lifetime 2040	Service Class	5
Great-West SecureFoundation® Lifetime 2040	Class L	5
Great-West SecureFoundation® Lifetime 2040	Institutional Class	5
Great-West SecureFoundation® Lifetime 2045	Investor Class	30
Great-West SecureFoundation® Lifetime 2045	Service Class	30
Great-West SecureFoundation® Lifetime 2045	Class L	5
Great-West SecureFoundation® Lifetime 2045	Institutional Class	5
Great-West SecureFoundation® Lifetime 2050	Investor Class	5
Great-West SecureFoundation® Lifetime 2050	Service Class	5
Great-West SecureFoundation® Lifetime 2050	Class L	5
Great-West SecureFoundation® Lifetime 2050	Institutional Class	5
Great-West SecureFoundation® Lifetime 2055	Investor Class	30
Great-West SecureFoundation® Lifetime 2055	Service Class	30
Great-West SecureFoundation® Lifetime 2055	Class L	5
Great-West SecureFoundation® Lifetime 2055	Institutional Class	5
Unclassified Capital Stock:		2,944
Total:		15,000

As supplemented hereby, the Corporation’s Articles of Amendment and Restatement authorize the issuance of fifteen billion (15,000,000,000) shares of common stock of the par value of $0.10 per share and of the aggregate par value of one billion five hundred million dollars ($1,500,000,000), classified as follows:

Current Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West Government Money Market	Investor Class	3100
Great-West Government Money Market	Institutional Class	470
Great-West Bond Index	Investor Class	85

9

Current Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West Bond Index	Class L	45
Great-West Bond Index	Institutional Class	200
Great-West Stock Index	Investor Class	70
Great-West Stock Index	Class L	5
Great-West Stock Index	Institutional Class	5
Great-West U.S. Government Mortgage Securities	Investor Class	75
Great-West U.S. Government Mortgage Securities	Class L	5
Great-West U.S. Government Mortgage Securities	Institutional Class	75
Great-West S&P Small Cap 600® Index	Investor Class	100
Great-West S&P Small Cap 600® Index	Class L	5
Great-West S&P Small Cap 600® Index	Institutional Class	150
Great-West Putnam High Yield Bond	Investor Class	10
Great-West Putnam High Yield Bond	Class L	5
Great-West Putnam High Yield Bond	Institutional Class	150
Great-West Multi-Manager Large Cap Growth	Investor Class	50
Great-West Multi-Manager Large Cap Growth	Class L	5
Great-West Multi-Manager Large Cap Growth	Institutional Class	150
Great-West MFS International Growth	Investor Class	20
Great-West MFS International Growth	Class L	5
Great-West MFS International Growth	Institutional Class	150
Great-West Core Bond	Investor Class	20
Great-West Core Bond	Class L	5
Great-West Core Bond	Institutional Class	150
Great-West MFS International Value	Investor Class	65
Great-West MFS International Value	Class L	5
Great-West MFS International Value	Institutional Class	180
Great-West S&P 500® Index	Investor Class	150
Great-West S&P 500® Index	Class L	30
Great-West S&P 500® Index	Institutional Class	210
Great-West Goldman Sachs Mid Cap Value	Investor Class	20
Great-West Goldman Sachs Mid Cap Value	Class L	5
Great-West Goldman Sachs Mid Cap Value	Institutional Class	150
Great-West Invesco Small Cap Value	Investor Class	10

10

Current Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West Invesco Small Cap Value	Class L	5
Great-West Invesco Small Cap Value	Institutional Class	50
Great-West Ariel Mid Cap Value	Investor Class	200
Great-West Ariel Mid Cap Value	Class L	5
Great-West Ariel Mid Cap Value	Institutional Class	50
Great-West Loomis Sayles Small Cap Value	Investor Class	15
Great-West Loomis Sayles Small Cap Value	Class L	5
Great-West Loomis Sayles Small Cap Value	Institutional Class	150
Great-West Loomis Sayles Bond	Investor Class	80
Great-West Loomis Sayles Bond	Class L	5
Great-West Loomis Sayles Bond	Institutional Class	150
Great-West T. Rowe Price Equity Income	Investor Class	100
Great-West T. Rowe Price Equity Income	Class L	5
Great-West T. Rowe Price Equity Income	Institutional Class	150
Great-West Short Duration Bond	Investor Class	50
Great-West Short Duration Bond	Class L	5
Great-West Short Duration Bond	Institutional Class	150
Great-West T. Rowe Price Mid Cap Growth	Investor Class	100
Great-West T. Rowe Price Mid Cap Growth	Class L	15
Great-West T. Rowe Price Mid Cap Growth	Institutional Class	150
Great-West Templeton Global Bond	Investor Class	70
Great-West Templeton Global Bond	Class L	5
Great-West Templeton Global Bond	Institutional Class	150
Great-West S&P Mid Cap 400® Index	Investor Class	50
Great-West S&P Mid Cap 400® Index	Class L	5
Great-West S&P Mid Cap 400® Index	Institutional Class	150
Great-West International Index	Investor Class	40
Great-West International Index	Class L	5
Great-West International Index	Institutional Class	180
Great-West Putnam Equity Income	Investor Class	15
Great-West Putnam Equity Income	Class L	5
Great-West Putnam Equity Income	Institutional Class	150
Great-West Real Estate Index	Investor Class	17

11

Current Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West Real Estate Index	Class L	5
Great-West Real Estate Index	Institutional Class	150
Great-West Multi-Manager Small Cap Growth	Investor Class	15
Great-West Multi-Manager Small Cap Growth	Class L	5
Great-West Multi-Manager Small Cap Growth	Institutional Class	50
Great-West Conservative Profile I	Investor Class	100
Great-West Conservative Profile I	Class L	5
Great-West Conservative Profile I	Institutional Class	5
Great-West Moderately Conservative Profile I	Investor Class	100
Great-West Moderately Conservative Profile I	Class L	5
Great-West Moderately Conservative Profile I	Institutional Class	5
Great-West Moderate Profile I	Investor Class	100
Great-West Moderate Profile I	Class L	5
Great-West Moderate Profile I	Institutional Class	5
Great-West Moderately Aggressive Profile I	Investor Class	100
Great-West Moderately Aggressive Profile I	Class L	5
Great-West Moderately Aggressive Profile I	Institutional Class	5
Great-West Aggressive Profile I	Investor Class	100
Great-West Aggressive Profile I	Class L	5
Great-West Aggressive Profile I	Institutional Class	5
Great-West Conservative Profile II	Investor Class	100
Great-West Conservative Profile II	Class L	55
Great-West Conservative Profile II	Institutional Class	6
Great-West Moderately Conservative Profile II	Investor Class	100
Great-West Moderately Conservative Profile II	Class L	35
Great-West Moderately Conservative Profile II	Institutional Class	5
Great-West Moderate Profile II	Investor Class	250
Great-West Moderate Profile II	Class L	45
Great-West Moderate Profile II	Institutional Class	15
Great-West Moderately Aggressive Profile II	Investor Class	100
Great-West Moderately Aggressive Profile II	Class L	35
Great-West Moderately Aggressive Profile II	Institutional Class	10
Great-West Aggressive Profile II	Investor Class	175

12

Current Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West Aggressive Profile II	Class L	35
Great-West Aggressive Profile II	Institutional Class	10
Great-West Lifetime Conservative 2015	Investor Class	35
Great-West Lifetime Conservative 2015	Service Class	35
Great-West Lifetime Conservative 2015	Class L	5
Great-West Lifetime Conservative 2015	Institutional Class	5
Great-West Lifetime 2015	Investor Class	70
Great-West Lifetime 2015	Service Class	135
Great-West Lifetime 2015	Class L	45
Great-West Lifetime 2015	Institutional Class	10
Great-West Lifetime Conservative 2020	Investor Class	35
Great-West Lifetime Conservative 2020	Service Class	35
Great-West Lifetime Conservative 2020	Class L	5
Great-West Lifetime Conservative 2020	Institutional Class	5
Great-West Lifetime 2020	Investor Class	5
Great-West Lifetime 2020	Service Class	35
Great-West Lifetime 2020	Class L	5
Great-West Lifetime 2020	Institutional Class	5
Great-West Lifetime Conservative 2025	Investor Class	35
Great-West Lifetime Conservative 2025	Service Class	35
Great-West Lifetime Conservative 2025	Class L	5
Great-West Lifetime Conservative 2025	Institutional Class	5
Great-West Lifetime 2025	Investor Class	70
Great-West Lifetime 2025	Service Class	225
Great-West Lifetime 2025	Class L	30
Great-West Lifetime 2025	Institutional Class	15
Great-West Lifetime Conservative 2030	Investor Class	35
Great-West Lifetime Conservative 2030	Service Class	35
Great-West Lifetime Conservative 2030	Class L	5
Great-West Lifetime Conservative 2030	Institutional Class	5
Great-West Lifetime 2030	Investor Class	35
Great-West Lifetime 2030	Service Class	35
Great-West Lifetime 2030	Class L	5
Great-West Lifetime 2030	Institutional Class	5
Great-West Lifetime Conservative 2035	Investor Class	35

13

Current Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West Lifetime Conservative 2035	Service Class	35
Great-West Lifetime Conservative 2035	Class L	5
Great-West Lifetime Conservative 2035	Institutional Class	5
Great-West Lifetime 2035	Investor Class	70
Great-West Lifetime 2035	Service Class	200
Great-West Lifetime 2035	Class L	28
Great-West Lifetime 2035	Institutional Class	10
Great-West Lifetime Conservative 2040	Investor Class	35
Great-West Lifetime Conservative 2040	Service Class	35
Great-West Lifetime Conservative 2040	Class L	5
Great-West Lifetime Conservative 2040	Institutional Class	5
Great-West Lifetime 2040	Investor Class	35
Great-West Lifetime 2040	Service Class	35
Great-West Lifetime 2040	Class L	5
Great-West Lifetime 2040	Institutional Class	5
Great-West Lifetime Conservative 2045	Investor Class	35
Great-West Lifetime Conservative 2045	Service Class	35
Great-West Lifetime Conservative 2045	Class L	5
Great-West Lifetime Conservative 2045	Institutional Class	5
Great-West Lifetime 2045	Investor Class	70
Great-West Lifetime 2045	Service Class	110
Great-West Lifetime 2045	Class L	28
Great-West Lifetime 2045	Institutional Class	10
Great-West Lifetime Conservative 2050	Investor Class	35
Great-West Lifetime Conservative 2050	Service Class	35
Great-West Lifetime Conservative 2050	Class L	5
Great-West Lifetime Conservative 2050	Institutional Class	5
Great-West Lifetime 2050	Investor Class	5
Great-West Lifetime 2050	Service Class	35
Great-West Lifetime 2050	Class L	5
Great-West Lifetime 2050	Institutional Class	5
Great-West Lifetime Conservative 2055	Investor Class	35
Great-West Lifetime Conservative 2055	Service Class	35
Great-West Lifetime Conservative 2055	Class L	5
Great-West Lifetime Conservative 2055	Institutional Class	5

14

Current Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West Lifetime 2055	Investor Class	70
Great-West Lifetime 2055	Service Class	70
Great-West Lifetime 2055	Class L	28
Great-West Lifetime 2055	Institutional Class	10
Great-West SecureFoundation® Balanced	Investor Class	45
Great-West SecureFoundation® Balanced	Service Class	30
Great-West SecureFoundation® Balanced	Class L	40
Great-West SecureFoundation® Balanced	Institutional Class	15
Great-West SecureFoundation® Balanced ETF	Class A	20
Great-West SecureFoundation® Lifetime 2015	Investor Class	30
Great-West SecureFoundation® Lifetime 2015	Service Class	30
Great-West SecureFoundation® Lifetime 2015	Class L	5
Great-West SecureFoundation® Lifetime 2015	Institutional Class	5
Great-West SecureFoundation® Lifetime 2020	Investor Class	15
Great-West SecureFoundation® Lifetime 2020	Service Class	5
Great-West SecureFoundation® Lifetime 2020	Class L	5
Great-West SecureFoundation® Lifetime 2020	Institutional Class	5
Great-West SecureFoundation® Lifetime 2025	Investor Class	30
Great-West SecureFoundation® Lifetime 2025	Service Class	30
Great-West SecureFoundation® Lifetime 2025	Class L	5
Great-West SecureFoundation® Lifetime 2025	Institutional Class	5
Great-West SecureFoundation® Lifetime 2030	Investor Class	20
Great-West SecureFoundation® Lifetime 2030	Service Class	5
Great-West SecureFoundation® Lifetime 2030	Class L	5
Great-West SecureFoundation® Lifetime 2030	Institutional Class	5
Great-West SecureFoundation® Lifetime 2035	Investor Class	30
Great-West SecureFoundation® Lifetime 2035	Service Class	10
Great-West SecureFoundation® Lifetime 2035	Class L	5
Great-West SecureFoundation® Lifetime 2035	Institutional Class	5
Great-West SecureFoundation® Lifetime 2040	Investor Class	15
Great-West SecureFoundation® Lifetime 2040	Service Class	5
Great-West SecureFoundation® Lifetime 2040	Class L	5
Great-West SecureFoundation® Lifetime 2040	Institutional Class	5
Great-West SecureFoundation® Lifetime 2045	Investor Class	10
Great-West SecureFoundation® Lifetime 2045	Service Class	10
Great-West SecureFoundation® Lifetime 2045	Class L	5

15

Current Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West SecureFoundation® Lifetime 2045	Institutional Class	5
Great-West SecureFoundation® Lifetime 2050	Investor Class	5
Great-West SecureFoundation® Lifetime 2050	Service Class	5
Great-West SecureFoundation® Lifetime 2050	Class L	5
Great-West SecureFoundation® Lifetime 2050	Institutional Class	5
Great-West SecureFoundation® Lifetime 2055	Investor Class	10
Great-West SecureFoundation® Lifetime 2055	Service Class	10
Great-West SecureFoundation® Lifetime 2055	Class L	5
Great-West SecureFoundation® Lifetime 2055	Institutional Class	5
Unclassified Capital Stock:		2,233
Total:		15,000

FOURTH: The Corporation is registered as an open-end company under the Investment Company Act of 1940.

FIFTH: These Articles Supplementary shall be effective on June 30, 2017.

[REMAINDER OF THE PAGE INTENTIONALLY LEFT BLANK]

16

IN WITNESS WHEREOF, the Corporation has caused these Articles Supplementary to be signed, and witnessed, in its name and on its behalf by its undersigned officers who acknowledge that these Articles Supplementary are the act of the Corporation; that to the best of their knowledge, information and belief, all matters and facts set forth herein relating to the authorization and approval of these Articles Supplementary are true in all material respects; and that this statement is made under the penalties of perjury.

GREAT-WEST FUNDS, INC.
By:	/s/ David L. Musto
Name:	David L. Musto
Title:	President and Chief Executive Officer

ATTEST:

By:	/s/ Cara B. Owen
Name:	Cara B. Owen
Title:	Counsel & Assistant Secretary

GREAT-WEST FUNDS, INC.

ARTICLES SUPPLEMENTARY

Great-West Funds, Inc., a Maryland corporation registered as an open-end investment company under the Investment Company Act of 1940, as amended (the “Corporation”), hereby certifies to the State Department of Assessments and Taxation of Maryland that:

FIRST: On February 23, 2017 the Board of Directors of the Corporation, pursuant to the authority contained in the Corporation’s charter, and in accordance with Section 2-105(c) of the Maryland General Corporation Law, unanimously adopted resolutions approving:

1. Decrease in the number of shares of stock of the Great-West Stock Index Fund that the Corporation shall have the authority to issue from eighty million (80,000,000) shares to zero (0) shares.

2. Decrease in the number of shares of stock of the Great-West Conservative Profile I, Moderately Conservative Profile I, Moderate Profile I, Moderately Aggressive Profile I, and Aggressive Profile I Funds that the Corporation shall have the authority to issue from five hundred fifty million (550,000,000) shares to zero (0) shares.

3. The re-classification of the following shares of previously classified but unissued shares of Common Stock of the Corporation as follows:

Previously Classified Shares (expressed in millions)	Re-Classified Shares (expressed in millions)
Great-West S&P 500® Index Fund Investor Class – 150	Great-West S&P 500® Index Fund Investor Class – 200
Great-West S&P 500® Index Fund Class L – 30	Great-West S&P 500® Index Fund Class L – 70
Great-West S&P 500® Index Institutional Class – 210	Great-West S&P 500® Index Institutional Class – 250
Great-West Conservative Profile II Fund Class L – 55	Great-West Conservative Profile II Fund Class L – 80
Great-West Conservative Profile II Fund Institutional Class - 6	Great-West Conservative Profile II Fund Institutional Class - 10
Great-West Moderately Conservative Profile II Fund Class L – 35	Great-West Moderately Conservative Profile II Fund Class L – 40
Great-West Moderately Conservative Profile II Fund Institutional Class – 5	Great-West Moderately Conservative Profile II Fund Institutional Class - 10
Great-West Moderate Profile II Fund Investor Class – 250	Great-West Moderate Profile II Fund Investor Class – 300
Great-West Moderate Profile II Fund Class L – 45	Great-West Moderate Profile II Fund Class L – 60
Great-West Moderate Profile II Fund Institutional Class – 15	Great-West Moderate Profile II Fund Institutional Class - 20
Great-West Moderately Aggressive Profile II Fund Investor Class – 100	Great-West Moderately Aggressive Profile II Fund Investor Class - 120
Great-West Moderately Aggressive Profile II	Great-West Moderately Aggressive Profile II

Fund Class L – 35	Fund Class L - 40
Great-West Moderately Aggressive Profile II Fund Institutional Class – 10	Great-West Moderately Aggressive Profile II Fund Institutional Class – 15
Great-West Aggressive Profile II Fund Investor Class – 175	Great-West Aggressive Profile II Fund Investor Class – 200
Great-West Aggressive Profile II Fund Class L – 35	Great-West Aggressive Profile II Fund Class L - 40
Great-West Aggressive Profile II Fund Institutional Class – 10	Great-West Aggressive Profile II Fund Institutional Class - 50

SECOND: In accordance with procedures established in the Corporation’s Articles of Amendment and Restatement and pursuant to Section 2-208 of Maryland General Corporate Law, the Board of Directors of the Corporation duly reclassifies six hundred thirty million (630,000,000) shares of the authorized common stock of the Corporation.

THIRD: The shares of the Corporation have been reclassified by the Board of Directors under the authority contained in the Articles of Amendment and Restatement of the Corporation.

FOURTH: Immediately prior to the effectiveness of these Articles Supplementary of the Corporation, the Corporation had the authority to issue fifteen billion (15,000,000,000) shares of common stock of the par value of $0.10 per share and of the aggregate par value of one billion five hundred million dollars ($1,500,000,000), of which the Board of Directors had designated 12,767,000,000 shares into portfolios and classes and classified the shares of each portfolio and class as follows:

Previous Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West Government Money Market	Investor Class	3100
Great-West Government Money Market	Institutional Class	470
Great-West Bond Index	Investor Class	85
Great-West Bond Index	Class L	45
Great-West Bond Index	Institutional Class	200
Great-West Stock Index	Investor Class	70
Great-West Stock Index	Class L	5
Great-West Stock Index	Institutional Class	5
Great-West U.S. Government Mortgage Securities	Investor Class	75
Great-West U.S. Government Mortgage Securities	Class L	5
Great-West U.S. Government Mortgage Securities	Institutional Class	75
Great-West S&P Small Cap 600® Index	Investor Class	100
Great-West S&P Small Cap 600® Index	Class L	5
Great-West S&P Small Cap 600® Index	Institutional	150

Previous Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
	Class
Great-West Putnam High Yield Bond	Investor Class	10
Great-West Putnam High Yield Bond	Class L	5
Great-West Putnam High Yield Bond	Institutional Class	150
Great-West Multi-Manager Large Cap Growth	Investor Class	50
Great-West Multi-Manager Large Cap Growth	Class L	5
Great-West Multi-Manager Large Cap Growth	Institutional Class	150
Great-West MFS International Growth	Investor Class	20
Great-West MFS International Growth	Class L	5
Great-West MFS International Growth	Institutional Class	150
Great-West Core Bond	Investor Class	20
Great-West Core Bond	Class L	5
Great-West Core Bond	Institutional Class	150
Great-West MFS International Value	Investor Class	65
Great-West MFS International Value	Class L	5
Great-West MFS International Value	Institutional Class	180
Great-West S&P 500® Index	Investor Class	150
Great-West S&P 500® Index	Class L	30
Great-West S&P 500® Index	Institutional Class	210
Great-West Goldman Sachs Mid Cap Value	Investor Class	20
Great-West Goldman Sachs Mid Cap Value	Class L	5
Great-West Goldman Sachs Mid Cap Value	Institutional Class	150
Great-West Invesco Small Cap Value	Investor Class	10
Great-West Invesco Small Cap Value	Class L	5
Great-West Invesco Small Cap Value	Institutional Class	50
Great-West Ariel Mid Cap Value	Investor Class	200
Great-West Ariel Mid Cap Value	Class L	5
Great-West Ariel Mid Cap Value	Institutional Class	50
Great-West Loomis Sayles Small Cap Value	Investor Class	15
Great-West Loomis Sayles Small Cap Value	Class L	5
Great-West Loomis Sayles Small Cap Value	Institutional Class	150
Great-West Loomis Sayles Bond	Investor Class	80
Great-West Loomis Sayles Bond	Class L	5
Great-West Loomis Sayles Bond	Institutional	150

Previous Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
	Class
Great-West T. Rowe Price Equity Income	Investor Class	100
Great-West T. Rowe Price Equity Income	Class L	5
Great-West T. Rowe Price Equity Income	Institutional Class	150
Great-West Short Duration Bond	Investor Class	50
Great-West Short Duration Bond	Class L	5
Great-West Short Duration Bond	Institutional Class	150
Great-West T. Rowe Price Mid Cap Growth	Investor Class	100
Great-West T. Rowe Price Mid Cap Growth	Class L	15
Great-West T. Rowe Price Mid Cap Growth	Institutional Class	150
Great-West Templeton Global Bond	Investor Class	70
Great-West Templeton Global Bond	Class L	5
Great-West Templeton Global Bond	Institutional Class	150
Great-West S&P Mid Cap 400® Index	Investor Class	50
Great-West S&P Mid Cap 400® Index	Class L	5
Great-West S&P Mid Cap 400® Index	Institutional Class	150
Great-West International Index	Investor Class	40
Great-West International Index	Class L	5
Great-West International Index	Institutional Class	180
Great-West Putnam Equity Income	Investor Class	15
Great-West Putnam Equity Income	Class L	5
Great-West Putnam Equity Income	Institutional Class	150
Great-West Real Estate Index	Investor Class	17
Great-West Real Estate Index	Class L	5
Great-West Real Estate Index	Institutional Class	150
Great-West Multi-Manager Small Cap Growth	Investor Class	15
Great-West Multi-Manager Small Cap Growth	Class L	5
Great-West Multi-Manager Small Cap Growth	Institutional Class	50
Great-West Conservative Profile I	Investor Class	100
Great-West Conservative Profile I	Class L	5
Great-West Conservative Profile I	Institutional Class	5
Great-West Moderately Conservative Profile I	Investor Class	100
Great-West Moderately Conservative Profile I	Class L	5
Great-West Moderately Conservative Profile I	Institutional	5

Previous Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
	Class
Great-West Moderate Profile I	Investor Class	100
Great-West Moderate Profile I	Class L	5
Great-West Moderate Profile I	Institutional Class	5
Great-West Moderately Aggressive Profile I	Investor Class	100
Great-West Moderately Aggressive Profile I	Class L	5
Great-West Moderately Aggressive Profile I	Institutional Class	5
Great-West Aggressive Profile I	Investor Class	100
Great-West Aggressive Profile I	Class L	5
Great-West Aggressive Profile I	Institutional Class	5
Great-West Conservative Profile II	Investor Class	100
Great-West Conservative Profile II	Class L	55
Great-West Conservative Profile II	Institutional Class	6
Great-West Moderately Conservative Profile II	Investor Class	100
Great-West Moderately Conservative Profile II	Class L	35
Great-West Moderately Conservative Profile II	Institutional Class	5
Great-West Moderate Profile II	Investor Class	250
Great-West Moderate Profile II	Class L	45
Great-West Moderate Profile II	Institutional Class	15
Great-West Moderately Aggressive Profile II	Investor Class	100
Great-West Moderately Aggressive Profile II	Class L	35
Great-West Moderately Aggressive Profile II	Institutional Class	10
Great-West Aggressive Profile II	Investor Class	175
Great-West Aggressive Profile II	Class L	35
Great-West Aggressive Profile II	Institutional Class	10
Great-West Lifetime Conservative 2015	Investor Class	35
Great-West Lifetime Conservative 2015	Service Class	35
Great-West Lifetime Conservative 2015	Class L	5
Great-West Lifetime Conservative 2015	Institutional Class	5
Great-West Lifetime 2015	Investor Class	70
Great-West Lifetime 2015	Service Class	135
Great-West Lifetime 2015	Class L	45
Great-West Lifetime 2015	Institutional Class	10
Great-West Lifetime Conservative 2020	Investor Class	35

Previous Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West Lifetime Conservative 2020	Service Class	35
Great-West Lifetime Conservative 2020	Class L	5
Great-West Lifetime Conservative 2020	Institutional Class	5
Great-West Lifetime 2020	Investor Class	5
Great-West Lifetime 2020	Service Class	35
Great-West Lifetime 2020	Class L	5
Great-West Lifetime 2020	Institutional Class	5
Great-West Lifetime Conservative 2025	Investor Class	35
Great-West Lifetime Conservative 2025	Service Class	35
Great-West Lifetime Conservative 2025	Class L	5
Great-West Lifetime Conservative 2025	Institutional Class	5
Great-West Lifetime 2025	Investor Class	70
Great-West Lifetime 2025	Service Class	225
Great-West Lifetime 2025	Class L	30
Great-West Lifetime 2025	Institutional Class	15
Great-West Lifetime Conservative 2030	Investor Class	35
Great-West Lifetime Conservative 2030	Service Class	35
Great-West Lifetime Conservative 2030	Class L	5
Great-West Lifetime Conservative 2030	Institutional Class	5
Great-West Lifetime 2030	Investor Class	35
Great-West Lifetime 2030	Service Class	35
Great-West Lifetime 2030	Class L	5
Great-West Lifetime 2030	Institutional Class	5
Great-West Lifetime Conservative 2035	Investor Class	35
Great-West Lifetime Conservative 2035	Service Class	35
Great-West Lifetime Conservative 2035	Class L	5
Great-West Lifetime Conservative 2035	Institutional Class	5
Great-West Lifetime 2035	Investor Class	70
Great-West Lifetime 2035	Service Class	200
Great-West Lifetime 2035	Class L	28
Great-West Lifetime 2035	Institutional Class	10
Great-West Lifetime Conservative 2040	Investor Class	35
Great-West Lifetime Conservative 2040	Service Class	35
Great-West Lifetime Conservative 2040	Class L	5
Great-West Lifetime Conservative 2040	Institutional Class	5

Previous Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West Lifetime 2040	Investor Class	35
Great-West Lifetime 2040	Service Class	35
Great-West Lifetime 2040	Class L	5
Great-West Lifetime 2040	Institutional Class	5
Great-West Lifetime Conservative 2045	Investor Class	35
Great-West Lifetime Conservative 2045	Service Class	35
Great-West Lifetime Conservative 2045	Class L	5
Great-West Lifetime Conservative 2045	Institutional Class	5
Great-West Lifetime 2045	Investor Class	70
Great-West Lifetime 2045	Service Class	110
Great-West Lifetime 2045	Class L	28
Great-West Lifetime 2045	Institutional Class	10
Great-West Lifetime Conservative 2050	Investor Class	35
Great-West Lifetime Conservative 2050	Service Class	35
Great-West Lifetime Conservative 2050	Class L	5
Great-West Lifetime Conservative 2050	Institutional Class	5
Great-West Lifetime 2050	Investor Class	5
Great-West Lifetime 2050	Service Class	35
Great-West Lifetime 2050	Class L	5
Great-West Lifetime 2050	Institutional Class	5
Great-West Lifetime Conservative 2055	Investor Class	35
Great-West Lifetime Conservative 2055	Service Class	35
Great-West Lifetime Conservative 2055	Class L	5
Great-West Lifetime Conservative 2055	Institutional Class	5
Great-West Lifetime 2055	Investor Class	70
Great-West Lifetime 2055	Service Class	70
Great-West Lifetime 2055	Class L	28
Great-West Lifetime 2055	Institutional Class	10
Great-West SecureFoundation® Balanced	Investor Class	45
Great-West SecureFoundation® Balanced	Service Class	30
Great-West SecureFoundation® Balanced	Class L	40
Great-West SecureFoundation® Balanced	Institutional Class	15
Great-West SecureFoundation® Balanced ETF	Class A	20
Great-West SecureFoundation® Lifetime 2015	Investor Class	30
Great-West SecureFoundation® Lifetime 2015	Service Class	30
Great-West SecureFoundation® Lifetime 2015	Class L	5

Previous Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West SecureFoundation® Lifetime 2015	Institutional Class	5
Great-West SecureFoundation® Lifetime 2020	Investor Class	15
Great-West SecureFoundation® Lifetime 2020	Service Class	5
Great-West SecureFoundation® Lifetime 2020	Class L	5
Great-West SecureFoundation® Lifetime 2020	Institutional Class	5
Great-West SecureFoundation® Lifetime 2025	Investor Class	30
Great-West SecureFoundation® Lifetime 2025	Service Class	30
Great-West SecureFoundation® Lifetime 2025	Class L	5
Great-West SecureFoundation® Lifetime 2025	Institutional Class	5
Great-West SecureFoundation® Lifetime 2030	Investor Class	20
Great-West SecureFoundation® Lifetime 2030	Service Class	5
Great-West SecureFoundation® Lifetime 2030	Class L	5
Great-West SecureFoundation® Lifetime 2030	Institutional Class	5
Great-West SecureFoundation® Lifetime 2035	Investor Class	30
Great-West SecureFoundation® Lifetime 2035	Service Class	10
Great-West SecureFoundation® Lifetime 2035	Class L	5
Great-West SecureFoundation® Lifetime 2035	Institutional Class	5
Great-West SecureFoundation® Lifetime 2040	Investor Class	15
Great-West SecureFoundation® Lifetime 2040	Service Class	5
Great-West SecureFoundation® Lifetime 2040	Class L	5
Great-West SecureFoundation® Lifetime 2040	Institutional Class	5
Great-West SecureFoundation® Lifetime 2045	Investor Class	10
Great-West SecureFoundation® Lifetime 2045	Service Class	10
Great-West SecureFoundation® Lifetime 2045	Class L	5
Great-West SecureFoundation® Lifetime 2045	Institutional Class	5
Great-West SecureFoundation® Lifetime 2050	Investor Class	5
Great-West SecureFoundation® Lifetime 2050	Service Class	5
Great-West SecureFoundation® Lifetime 2050	Class L	5
Great-West SecureFoundation® Lifetime 2050	Institutional Class	5
Great-West SecureFoundation® Lifetime 2055	Investor Class	10
Great-West SecureFoundation® Lifetime 2055	Service Class	10
Great-West SecureFoundation® Lifetime 2055	Class L	5
Great-West SecureFoundation® Lifetime 2055	Institutional Class	5
Unclassified Capital Stock:		2,233

Previous Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Total:		15,000

As supplemented hereby, the Corporation’s Articles of Amendment and Restatement authorize the issuance of fifteen billion (15,000,000,000) shares of common stock of the par value of $0.10 per share and of the aggregate par value of one billion five hundred million dollars ($1,500,000,000), classified as follows:

Current Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West Government Money Market	Investor Class	3100
Great-West Government Money Market	Institutional Class	470
Great-West Bond Index	Investor Class	85
Great-West Bond Index	Class L	45
Great-West Bond Index	Institutional Class	200
Great-West U.S. Government Mortgage Securities	Investor Class	75
Great-West U.S. Government Mortgage Securities	Class L	5
Great-West U.S. Government Mortgage Securities	Institutional Class	75
Great-West S&P Small Cap 600® Index	Investor Class	100
Great-West S&P Small Cap 600® Index	Class L	5
Great-West S&P Small Cap 600® Index	Institutional Class	150
Great-West Putnam High Yield Bond	Investor Class	10
Great-West Putnam High Yield Bond	Class L	5
Great-West Putnam High Yield Bond	Institutional Class	150
Great-West Multi-Manager Large Cap Growth	Investor Class	50
Great-West Multi-Manager Large Cap Growth	Class L	5
Great-West Multi-Manager Large Cap Growth	Institutional Class	150
Great-West MFS International Growth	Investor Class	20
Great-West MFS International Growth	Class L	5
Great-West MFS International Growth	Institutional Class	150
Great-West Core Bond	Investor Class	20
Great-West Core Bond	Class L	5
Great-West Core Bond	Institutional Class	150
Great-West MFS International Value	Investor Class	65

Current Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West MFS International Value	Class L	5
Great-West MFS International Value	Institutional Class	180
Great-West S&P 500® Index	Investor Class	200
Great-West S&P 500® Index	Class L	70
Great-West S&P 500® Index	Institutional Class	250
Great-West Goldman Sachs Mid Cap Value	Investor Class	20
Great-West Goldman Sachs Mid Cap Value	Class L	5
Great-West Goldman Sachs Mid Cap Value	Institutional Class	150
Great-West Invesco Small Cap Value	Investor Class	10
Great-West Invesco Small Cap Value	Class L	5
Great-West Invesco Small Cap Value	Institutional Class	50
Great-West Ariel Mid Cap Value	Investor Class	200
Great-West Ariel Mid Cap Value	Class L	5
Great-West Ariel Mid Cap Value	Institutional Class	50
Great-West Loomis Sayles Small Cap Value	Investor Class	15
Great-West Loomis Sayles Small Cap Value	Class L	5
Great-West Loomis Sayles Small Cap Value	Institutional Class	150
Great-West Loomis Sayles Bond	Investor Class	80
Great-West Loomis Sayles Bond	Class L	5
Great-West Loomis Sayles Bond	Institutional Class	150
Great-West T. Rowe Price Equity Income	Investor Class	100
Great-West T. Rowe Price Equity Income	Class L	5
Great-West T. Rowe Price Equity Income	Institutional Class	150
Great-West Short Duration Bond	Investor Class	50
Great-West Short Duration Bond	Class L	5
Great-West Short Duration Bond	Institutional Class	150
Great-West T. Rowe Price Mid Cap Growth	Investor Class	100
Great-West T. Rowe Price Mid Cap Growth	Class L	15
Great-West T. Rowe Price Mid Cap Growth	Institutional Class	150
Great-West Templeton Global Bond	Investor Class	70
Great-West Templeton Global Bond	Class L	5
Great-West Templeton Global Bond	Institutional Class	150
Great-West S&P Mid Cap 400® Index	Investor Class	50

Current Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West S&P Mid Cap 400® Index	Class L	5
Great-West S&P Mid Cap 400® Index	Institutional Class	150
Great-West International Index	Investor Class	40
Great-West International Index	Class L	5
Great-West International Index	Institutional Class	180
Great-West Putnam Equity Income	Investor Class	15
Great-West Putnam Equity Income	Class L	5
Great-West Putnam Equity Income	Institutional Class	150
Great-West Real Estate Index	Investor Class	17
Great-West Real Estate Index	Class L	5
Great-West Real Estate Index	Institutional Class	150
Great-West Multi-Manager Small Cap Growth	Investor Class	15
Great-West Multi-Manager Small Cap Growth	Class L	5
Great-West Multi-Manager Small Cap Growth	Institutional Class	50
Great-West Conservative Profile II	Investor Class	100
Great-West Conservative Profile II	Class L	80
Great-West Conservative Profile II	Institutional Class	10
Great-West Moderately Conservative Profile II	Investor Class	100
Great-West Moderately Conservative Profile II	Class L	40
Great-West Moderately Conservative Profile II	Institutional Class	10
Great-West Moderate Profile II	Investor Class	300
Great-West Moderate Profile II	Class L	60
Great-West Moderate Profile II	Institutional Class	20
Great-West Moderately Aggressive Profile II	Investor Class	120
Great-West Moderately Aggressive Profile II	Class L	40
Great-West Moderately Aggressive Profile II	Institutional Class	15
Great-West Aggressive Profile II	Investor Class	200
Great-West Aggressive Profile II	Class L	40
Great-West Aggressive Profile II	Institutional Class	50
Great-West Lifetime Conservative 2015	Investor Class	35
Great-West Lifetime Conservative 2015	Service Class	35
Great-West Lifetime Conservative 2015	Class L	5
Great-West Lifetime Conservative 2015	Institutional Class	5

Current Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West Lifetime 2015	Investor Class	70
Great-West Lifetime 2015	Service Class	135
Great-West Lifetime 2015	Class L	45
Great-West Lifetime 2015	Institutional Class	10
Great-West Lifetime Conservative 2020	Investor Class	35
Great-West Lifetime Conservative 2020	Service Class	35
Great-West Lifetime Conservative 2020	Class L	5
Great-West Lifetime Conservative 2020	Institutional Class	5
Great-West Lifetime 2020	Investor Class	5
Great-West Lifetime 2020	Service Class	35
Great-West Lifetime 2020	Class L	5
Great-West Lifetime 2020	Institutional Class	5
Great-West Lifetime Conservative 2025	Investor Class	35
Great-West Lifetime Conservative 2025	Service Class	35
Great-West Lifetime Conservative 2025	Class L	5
Great-West Lifetime Conservative 2025	Institutional Class	5
Great-West Lifetime 2025	Investor Class	70
Great-West Lifetime 2025	Service Class	225
Great-West Lifetime 2025	Class L	30
Great-West Lifetime 2025	Institutional Class	15
Great-West Lifetime Conservative 2030	Investor Class	35
Great-West Lifetime Conservative 2030	Service Class	35
Great-West Lifetime Conservative 2030	Class L	5
Great-West Lifetime Conservative 2030	Institutional Class	5
Great-West Lifetime 2030	Investor Class	35
Great-West Lifetime 2030	Service Class	35
Great-West Lifetime 2030	Class L	5
Great-West Lifetime 2030	Institutional Class	5
Great-West Lifetime Conservative 2035	Investor Class	35
Great-West Lifetime Conservative 2035	Service Class	35
Great-West Lifetime Conservative 2035	Class L	5
Great-West Lifetime Conservative 2035	Institutional Class	5
Great-West Lifetime 2035	Investor Class	70
Great-West Lifetime 2035	Service Class	200
Great-West Lifetime 2035	Class L	28
Great-West Lifetime 2035	Institutional	10

Current Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
	Class
Great-West Lifetime Conservative 2040	Investor Class	35
Great-West Lifetime Conservative 2040	Service Class	35
Great-West Lifetime Conservative 2040	Class L	5
Great-West Lifetime Conservative 2040	Institutional Class	5
Great-West Lifetime 2040	Investor Class	35
Great-West Lifetime 2040	Service Class	35
Great-West Lifetime 2040	Class L	5
Great-West Lifetime 2040	Institutional Class	5
Great-West Lifetime Conservative 2045	Investor Class	35
Great-West Lifetime Conservative 2045	Service Class	35
Great-West Lifetime Conservative 2045	Class L	5
Great-West Lifetime Conservative 2045	Institutional Class	5
Great-West Lifetime 2045	Investor Class	70
Great-West Lifetime 2045	Service Class	110
Great-West Lifetime 2045	Class L	28
Great-West Lifetime 2045	Institutional Class	10
Great-West Lifetime Conservative 2050	Investor Class	35
Great-West Lifetime Conservative 2050	Service Class	35
Great-West Lifetime Conservative 2050	Class L	5
Great-West Lifetime Conservative 2050	Institutional Class	5
Great-West Lifetime 2050	Investor Class	5
Great-West Lifetime 2050	Service Class	35
Great-West Lifetime 2050	Class L	5
Great-West Lifetime 2050	Institutional Class	5
Great-West Lifetime Conservative 2055	Investor Class	35
Great-West Lifetime Conservative 2055	Service Class	35
Great-West Lifetime Conservative 2055	Class L	5
Great-West Lifetime Conservative 2055	Institutional Class	5
Great-West Lifetime 2055	Investor Class	70
Great-West Lifetime 2055	Service Class	70
Great-West Lifetime 2055	Class L	28
Great-West Lifetime 2055	Institutional Class	10
Great-West SecureFoundation® Balanced	Investor Class	45
Great-West SecureFoundation® Balanced	Service Class	30
Great-West SecureFoundation® Balanced	Class L	40

Current Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West SecureFoundation® Balanced	Institutional Class	15
Great-West SecureFoundation® Balanced ETF	Class A	20
Great-West SecureFoundation® Lifetime 2015	Investor Class	30
Great-West SecureFoundation® Lifetime 2015	Service Class	30
Great-West SecureFoundation® Lifetime 2015	Class L	5
Great-West SecureFoundation® Lifetime 2015	Institutional Class	5
Great-West SecureFoundation® Lifetime 2020	Investor Class	15
Great-West SecureFoundation® Lifetime 2020	Service Class	5
Great-West SecureFoundation® Lifetime 2020	Class L	5
Great-West SecureFoundation® Lifetime 2020	Institutional Class	5
Great-West SecureFoundation® Lifetime 2025	Investor Class	30
Great-West SecureFoundation® Lifetime 2025	Service Class	30
Great-West SecureFoundation® Lifetime 2025	Class L	5
Great-West SecureFoundation® Lifetime 2025	Institutional Class	5
Great-West SecureFoundation® Lifetime 2030	Investor Class	20
Great-West SecureFoundation® Lifetime 2030	Service Class	5
Great-West SecureFoundation® Lifetime 2030	Class L	5
Great-West SecureFoundation® Lifetime 2030	Institutional Class	5
Great-West SecureFoundation® Lifetime 2035	Investor Class	30
Great-West SecureFoundation® Lifetime 2035	Service Class	10
Great-West SecureFoundation® Lifetime 2035	Class L	5
Great-West SecureFoundation® Lifetime 2035	Institutional Class	5
Great-West SecureFoundation® Lifetime 2040	Investor Class	15
Great-West SecureFoundation® Lifetime 2040	Service Class	5
Great-West SecureFoundation® Lifetime 2040	Class L	5
Great-West SecureFoundation® Lifetime 2040	Institutional Class	5
Great-West SecureFoundation® Lifetime 2045	Investor Class	10
Great-West SecureFoundation® Lifetime 2045	Service Class	10
Great-West SecureFoundation® Lifetime 2045	Class L	5
Great-West SecureFoundation® Lifetime 2045	Institutional Class	5
Great-West SecureFoundation® Lifetime 2050	Investor Class	5
Great-West SecureFoundation® Lifetime 2050	Service Class	5
Great-West SecureFoundation® Lifetime 2050	Class L	5
Great-West SecureFoundation® Lifetime 2050	Institutional Class	5
Great-West SecureFoundation® Lifetime 2055	Investor Class	10

Current Classification of Shares
Series/Portfolio	Class	Authorized Shares (expressed in millions)
Great-West SecureFoundation® Lifetime 2055	Service Class	10
Great-West SecureFoundation® Lifetime 2055	Class L	5
Great-West SecureFoundation® Lifetime 2055	Institutional Class	5
Unclassified Capital Stock:		2,524
Total:		15,000

FIFTH: The Corporation is registered as an open-end company under the Investment Company Act of 1940.

SIXTH: These Articles Supplementary shall be effective on July 14, 2017.

IN WITNESS WHEREOF, the Corporation has caused these Articles Supplementary to be signed, and witnessed, in its name and on its behalf by its undersigned officers who acknowledge that these Articles Supplementary are the act of the Corporation; that to the best of their knowledge, information and belief, all matters and facts set forth herein relating to the authorization and approval of these Articles Supplementary are true in all material respects; and that this statement is made under the penalties of perjury.

GREAT-WEST FUNDS, INC.
By:	/s/ David L. Musto
Name:	David L. Musto
Title:	President and Chief Executive Officer

ATTEST:

By:	/s/ Cara B. Owen
Name:	Cara B. Owen
Title:	Counsel & Assistant Secretary

GREAT-WEST FUNDS, INC.

ARTICLES OF AMENDMENT

Great-West Funds, Inc., a Maryland corporation (the “Corporation”), in accordance with Section 2-607 of the Maryland General Corporation Law, hereby certifies as follows:

FIRST: The charter of the Corporation is hereby amended by changing the name of the following series of capital stock of the Corporation as follows:    

CURRENT SERIES/PORTFOLIO NAME	NEW SERIES/PORTFOLIO NAME
Great-West U.S. Government Mortgage Securities	Great-West U.S. Government Securities

SECOND: The amendment was approved by a majority of the entire Board of Directors and is limited to a change expressly authorized by Section 2-605 of the Maryland General Corporation Law to be made without action by the stockholders.

THIRD: These Articles of Amendment shall become effective at 12:00 A.M. on the 17^th day of July 2017.

IN WITNESS WHEREOF, the Corporation has caused these Articles of Amendment to be signed, and witnessed, in its name and on its behalf by its undersigned officers who acknowledge that these Articles of Amendment are the act of the Corporation, and certify that, to the best of their knowledge, information and belief, all matters and facts set forth herein are true in all material respects, and that this statement is made under the penalties of perjury.

GREAT-WEST FUNDS, INC.

/s/ David L. Musto    

Name:  David L. Musto

Title:     President and Chief Executive Officer    

ATTEST:

/s/ Cara. B. Owen    

Name:  Cara B. Owen

Title:     Counsel & Assistant Secretary

GREAT-WEST FUNDS, INC.

ARTICLES OF AMENDMENT

Great-West Funds, Inc., a Maryland corporation (the “Corporation”), in accordance with Section 2-607 of the Maryland General Corporation Law, hereby certifies as follows:

FIRST: The charter of the Corporation is hereby amended by changing the name of the following series of capital stock of the Corporation as follows:    

CURRENT SERIES/PORTFOLIO NAME	NEW SERIES/PORTFOLIO NAME
Great-West Conservative Profile II Fund	Great-West Conservative Profile Fund
Great-West Moderately Conservative Profile II Fund	Great-West Moderately Conservative Profile Fund
Great-West Moderate Profile II Fund	Great-West Moderate Profile Fund
Great-West Moderately Aggressive Profile II Fund	Great-West Moderately Aggressive Profile Fund
Great-West Aggressive Profile II Fund	Great-West Aggressive Profile Fund

SECOND: The amendment was approved by a majority of the entire Board of Directors and is limited to a change expressly authorized by Section 2-605 of the Maryland General Corporation Law to be made without action by the stockholders.

THIRD: These Articles of Amendment shall become effective on September 29, 2017.

IN WITNESS WHEREOF, the Corporation has caused these Articles of Amendment to be signed, and witnessed, in its name and on its behalf by its undersigned officers who acknowledge that these Articles of Amendment are the act of the Corporation, and certify that, to the best of their knowledge, information and belief, all matters and facts set forth herein are true in all material respects, and that this statement is made under the penalties of perjury.

	GREAT-WEST FUNDS, INC.
	/s/ Mary C. Maiers
	Name:  Mary C. Maiers
	Title:     Chief Financial Officer and Treasurer
ATTEST:
/s/ Cara B. Owen
Name:  Cara B. Owen
Title:     Counsel & Assistant Secretary

GREAT-WEST FUNDS, INC.

ARTICLES OF AMENDMENT

Great-West Funds, Inc., a Maryland corporation (the “Corporation”), in accordance with Section 2-607 of the Maryland General Corporation Law, hereby certifies as follows:

FIRST: The charter of the Corporation is hereby amended by changing the name of the following series of capital stock of the Corporation as follows:

CURRENT SERIES/PORTFOLIO NAME	NEW SERIES/PORTFOLIO NAME
Great-West Goldman Sachs Mid Cap Value Fund	Great-West Mid Cap Value Fund
Great-West Multi-Manager Large Cap Growth Fund	Great-West Large Cap Growth Fund
Great-West Multi-Manager Small Cap Growth Fund	Great-West Small Cap Growth Fund

SECOND: The amendment was approved by a majority of the entire Board of Directors and is limited to a change expressly authorized by Section 2-605 of the Maryland General Corporation Law to be made without action by the stockholders.

THIRD: These Articles of Amendment shall become effective at 12:00 A.M. on the 27^th day of April 2018.

IN WITNESS WHEREOF, the Corporation has caused these Articles of Amendment to be signed, and witnessed, in its name and on its behalf by its undersigned officers who acknowledge that these Articles of Amendment are the act of the Corporation, and certify that, to the best of their knowledge, information and belief, all matters and facts set forth herein are true in all material respects, and that this statement is made under the penalties of perjury.

GREAT-WEST FUNDS, INC.

/s/ Scott C. Sipple

Name:   Scott C. Sipple

Title:      President and Chief Executive Officer

ATTEST:

/s/ Cara B. Owen

Name:   Cara B. Owen

Title:      Counsel and Assistant Secretary

GREAT-WEST FUNDS, INC.

ARTICLES OF AMENDMENT

Great-West Funds, Inc., a Maryland corporation (the “Corporation”), in accordance with Section 2-607 of the Maryland General Corporation Law, hereby certifies as follows:

FIRST: The charter of the Corporation is hereby amended by changing the name of the following series of capital stock of the Corporation as follows:

CURRENT SERIES/PORTFOLIO NAME	NEW SERIES/PORTFOLIO NAME
Great-West MFS International Growth Fund	Great-West International Growth Fund
Great-West MFS International Value Fund	Great-West International Value Fund

SECOND: The amendment was approved by a majority of the entire Board of Directors and is limited to a change expressly authorized by Section 2-605 of the Maryland General Corporation Law to be made without action by the stockholders.

THIRD: These Articles of Amendment shall become effective at 12:00 A.M. on the 27^th day of April 2018.

IN WITNESS WHEREOF, the Corporation has caused these Articles of Amendment to be signed, and witnessed, in its name and on its behalf by its undersigned officers who acknowledge that these Articles of Amendment are the act of the Corporation, and certify that, to the best of their knowledge, information and belief, all matters and facts set forth herein are true in all material respects, and that this statement is made under the penalties of perjury.

GREAT-WEST FUNDS, INC.

/s/ Scott C. Sipple

Name:   Scott C. Sipple

Title:     President and Chief Executive Officer

ATTEST:

/s/ Cara B. Owen

Name:   Cara B. Owen

Title:     Counsel and Assistant Secretary