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 22, 2018 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 establishment of new series of capital stock of the Corporation, each representing interests in a separate investment portfolio, and the creation of new classes of shares, with a par value of ten cents ($0.10) per share, of each such series to be designated as follows:

Series/Portfolio	Class
Great-West Core Strategy: U.S. Equity	Institutional Class
Great-West Core Strategy: International Equity	Institutional Class
Great-West Core Strategy: Flexible Bond	Institutional Class
Great-West Core Strategy: Inflation-Protected Securities	Institutional Class
Great-West Core Strategy: Short Duration Bond	Institutional Class

2. The classification of two hundred forty million (240,000,000) shares of the Corporation’s authorized but unissued stock to be allocated among the aforementioned new classes of capital stock as hereinafter set forth.

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 T. Rowe Price Mid Cap Growth Institutional Class- 150	Great-West T. Rowe Price Mid Cap Growth Institutional Class- 160
Great-West Moderate Profile Class L- 85	Great-West Moderate Profile Class L- 90
Great-West Lifetime 2015 Institutional Class- 10	Great-West Lifetime 2015 Institutional Class- 20
Great-West Lifetime 2020 Class L- 7	Great-West Lifetime 2020 Class L- 15
Great-West Lifetime 2020 Institutional Class- 5	Great-West Lifetime 2020 Institutional Class- 10
Great-West Lifetime 2025 Institutional Class- 20	Great-West Lifetime 2025 Institutional Class- 30
Great-West Lifetime 2030 Class L- 5	Great-West Lifetime 2030 Class L- 8
Great-West Lifetime 2030 Class Institutional Class- 5	Great-West Lifetime 2030 Class Institutional Class- 10
Great-West Lifetime 2035 Institutional Class- 20	Great-West Lifetime 2035 Institutional Class- 25
Great-West Lifetime 2040 Class L- 5	Great-West Lifetime 2040 Class L- 7
Great-West Lifetime 2045 Institutional Class- 10	Great-West Lifetime 2045 Institutional Class- 15

SECOND:    The description of the aforementioned new series and new classes of capital stock of the Corporation, including the preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption, is as set forth in the Corporation’s charter, except that, notwithstanding anything in the charter to the contrary, with respect to the Great-West Core Strategy: U.S. Equity, Great-West Core Strategy: International Equity, Great-West Core Strategy: Flexible Bond, Great-West Core Strategy: Inflation-Protected Securities, and Great-West Core Strategy: Short Duration Bond Funds:

(i) Subject to compliance with the requirements of the Investment Company Act of 1940, as amended, the Board of Directors shall have the authority to provide that holders of shares of any of the aforementioned classes of stock of such series shall have the right to convert or exchanged said shares into shares of one or more other classes of shares in accordance with such requirements and procedures (and subject to such conditions) as may be established by the Board of Directors and from time to time reflected in the registration statement of the Corporation.

(ii) At such times as may be determined by the Board of Directors in accordance with the Investment Company Act of 1940, as amended, and applicable rules and regulations of the Financial Industry Regulatory Authority, or any successor organization, and from time to time reflected in the registration statement of the Corporation, shares (or certain shares) of a particular class of the aforementioned classes of stock of such series may be automatically converted into shares of another class of shares, subject, however, to any conditions of conversion that may be imposed by the Board of Directors and reflected in the registration statement of the Corporation. The term and conditions of such conversion may vary within and among the classes to the extent determined by the Board of Directors and set forth in the registration statement of the Corporation.

THIRD: The aforementioned new series and classes of capital stock of the Corporation have been classified by the Board of Directors under the authority contained in the Corporation’s charter.

FOURTH: The total number of shares of capital stock that the Corporation has authority to issue has been increased or decreased by the Board of Directors in accordance with Section 2-105(c) of the Maryland General Corporation Law to the extent hereafter set forth.

FIFTH: 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 13,405,000,000 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

Previous Classification of Shares
Series/Portfolio	Class	Authorized       Shares (expressed in millions)
Great-West Bond Index	Class L	75
Great-West Bond Index	Institutional Class	230
Great-West U.S. Government Securities	Investor Class	75
Great-West U.S. Government Securities	Class L	5
Great-West U.S. Government 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	10
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	200
Great-West International Growth	Investor Class	20
Great-West International Growth	Class L	5
Great-West 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 International Value	Investor Class	65
Great-West International Value	Class L	15
Great-West International Value	Institutional Class	200
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	300
Great-West Mid Cap Value	Investor Class	20
Great-West Mid Cap Value	Class L	5
Great-West 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

Previous Classification of Shares
Series/Portfolio	Class	Authorized       Shares (expressed in millions)
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	200
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 Small Cap Growth	Investor Class	15

Previous Classification of Shares
Series/Portfolio	Class	Authorized       Shares (expressed in millions)
Great-West Small Cap Growth	Class L	5
Great-West Small Cap Growth	Institutional Class	50
Great-West Emerging Markets Equity	Investor Class	50
Great-West Emerging Markets Equity	Class L	15
Great-West Emerging Markets Equity	Institutional Class	150
Great-West Inflation-Protected Securities	Investor Class	50
Great-West Inflation-Protected Securities	Class L	15
Great-West Inflation-Protected Securities	Institutional Class	100
Great-West Conservative Profile	Investor Class	100
Great-West Conservative Profile	Class L	110
Great-West Conservative Profile	Institutional Class	10
Great-West Moderately Conservative Profile	Investor Class	100
Great-West Moderately Conservative Profile	Class L	50
Great-West Moderately Conservative Profile	Institutional Class	10
Great-West Moderate Profile	Investor Class	350
Great-West Moderate Profile	Class L	85
Great-West Moderate Profile	Institutional Class	30
Great-West Moderately Aggressive Profile	Investor Class	150
Great-West Moderately Aggressive Profile	Class L	45
Great-West Moderately Aggressive Profile	Institutional Class	15
Great-West Aggressive Profile	Investor Class	225
Great-West Aggressive Profile	Class L	40
Great-West Aggressive Profile	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
Great-West Lifetime 2015	Investor Class	70
Great-West Lifetime 2015	Service Class	135
Great-West Lifetime 2015	Class L	60
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

Previous Classification of Shares
Series/Portfolio	Class	Authorized       Shares (expressed in millions)
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	7
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	230
Great-West Lifetime 2025	Class L	45
Great-West Lifetime 2025	Institutional Class	20
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	225
Great-West Lifetime 2035	Class L	40
Great-West Lifetime 2035	Institutional Class	20
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

Previous Classification of Shares
Series/Portfolio	Class	Authorized       Shares (expressed in millions)
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	120
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	50
Great-West SecureFoundation® Balanced	Service Class	30
Great-West SecureFoundation® Balanced	Class L	50
Great-West SecureFoundation® Balanced	Institutional Class	20
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

Previous Classification of Shares
Series/Portfolio	Class	Authorized       Shares (expressed in millions)
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:		1,595
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	75
Great-West Bond Index	Institutional Class	230
Great-West U.S. Government Securities	Investor Class	75
Great-West U.S. Government Securities	Class L	5
Great-West U.S. Government 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	10
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 Large Cap Growth	Investor Class	50
Great-West Large Cap Growth	Class L	5
Great-West Large Cap Growth	Institutional Class	200
Great-West International Growth	Investor Class	20
Great-West International Growth	Class L	5
Great-West 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 International Value	Investor Class	65
Great-West International Value	Class L	15
Great-West International Value	Institutional Class	200
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	300

Current Classification of Shares
Series/Portfolio	Class	Authorized       Shares (expressed in millions)
Great-West Mid Cap Value	Investor Class	20
Great-West Mid Cap Value	Class L	5
Great-West 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	200
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	160
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

Current Classification of Shares
Series/Portfolio	Class	Authorized       Shares (expressed in millions)
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 Small Cap Growth	Investor Class	15
Great-West Small Cap Growth	Class L	5
Great-West Small Cap Growth	Institutional Class	50
Great-West Emerging Markets Equity	Investor Class	50
Great-West Emerging Markets Equity	Class L	15
Great-West Emerging Markets Equity	Institutional Class	150
Great-West Inflation-Protected Securities	Investor Class	50
Great-West Inflation-Protected Securities	Class L	15
Great-West Inflation-Protected Securities	Institutional Class	100
Great-West Conservative Profile	Investor Class	100
Great-West Conservative Profile	Class L	110
Great-West Conservative Profile	Institutional Class	10
Great-West Moderately Conservative Profile	Investor Class	100
Great-West Moderately Conservative Profile	Class L	50
Great-West Moderately Conservative Profile	Institutional Class	10
Great-West Moderate Profile	Investor Class	350
Great-West Moderate Profile	Class L	90
Great-West Moderate Profile	Institutional Class	30
Great-West Moderately Aggressive Profile	Investor Class	150
Great-West Moderately Aggressive Profile	Class L	45
Great-West Moderately Aggressive Profile	Institutional Class	15
Great-West Aggressive Profile	Investor Class	225
Great-West Aggressive Profile	Class L	40
Great-West Aggressive Profile	Institutional Class	50
Great-West Core Strategy: U.S. Equity	Institutional Class	80
Great-West Core Strategy: International Equity	Institutional Class	50

Current Classification of Shares
Series/Portfolio	Class	Authorized       Shares (expressed in millions)
Great-West Core Strategy: Flexible Bond	Institutional Class	25
Great-West Core Strategy: Inflation-Protected Securities	Institutional Class	60
Great-West Core Strategy: Short Duration Bond	Institutional Class	25
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	60
Great-West Lifetime 2015	Institutional Class	20
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	15
Great-West Lifetime 2020	Institutional Class	10
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	230
Great-West Lifetime 2025	Class L	45
Great-West Lifetime 2025	Institutional Class	30
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	8

Current Classification of Shares
Series/Portfolio	Class	Authorized       Shares (expressed in millions)
Great-West Lifetime 2030	Institutional Class	10
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	225
Great-West Lifetime 2035	Class L	40
Great-West Lifetime 2035	Institutional Class	25
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	7
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	120
Great-West Lifetime 2045	Class L	28
Great-West Lifetime 2045	Institutional Class	15
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

Current Classification of Shares
Series/Portfolio	Class	Authorized       Shares (expressed in millions)
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	50
Great-West SecureFoundation® Balanced	Service Class	30
Great-West SecureFoundation® Balanced	Class L	50
Great-West SecureFoundation® Balanced	Institutional Class	20
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

Current Classification of Shares
Series/Portfolio	Class	Authorized       Shares (expressed in millions)
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:		1,287
Total:		15,000

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

SEVENTH: These Articles Supplementary shall be effective on May 17, 2018.

[remainder of page intentionally left blank]

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/ Scott C. Sipple
Name:	Scott C. Sipple
Title:	President & Chief Executive Officer

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