EX-99.A21 2 d908811dex99a21.htm ARTICLES SUPPLEMENTARY FEBRUARY 2020 AND MAY 2020 Articles Supplementary February 2020 and May 2020

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 January 31, 2020, the Board of Directors of the Corporation, by way of written consent and 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

Re-Classified Shares (expressed in millions)

millions)

 

Great-West Ariel Mid Cap Value Fund Class

Great-West Ariel Mid Cap Value Fund Class

L – 5

L – 50

Great-West T. Rowe Price Mid Cap Growth

Great-West T. Rowe Price Mid Cap Growth

Fund Class L - 15

Fund Class L 30

Great-West T. Rowe Price Mid Cap Growth

Great-West T. Rowe Price Mid Cap Growth

Fund Institutional Class - 250

Fund Institutional Class - 280

Great-West Conservative Profile Fund Class L

Great-West Conservative Profile Fund Class

- 120

L - 140

Great-West Moderately Conservative Profile

Great-West Moderately Conservative Profile

Fund Class L - 70

Fund Class L 80

Great-West Moderately Aggressive Profile

Great-West Moderately Aggressive Profile

Fund Class – 60

Fund Class – 75

Great-West Lifetime 2015 Fund Class L - 60

Great-West Lifetime 2015 Fund Class L - 70

Great-West Lifetime 2020 Fund Class L - 30

Great-West Lifetime 2020 Fund Class L - 35

Great-West Lifetime 2025 Fund Class L - 60

Great-West Lifetime 2025 Fund Class L - 70

Great-West Lifetime 2030 Fund Class L - 20

Great-West Lifetime 2030 Fund Class L - 30

Great-West Lifetime 2035 Fund Class L - 46

Great-West Lifetime 2025 Fund Class L - 60

Great-West Lifetime 2035 Fund Institutional

Great-West Lifetime 2035 Fund Institutional

Class - 50

Class - 60

Great-West Lifetime 2040 Fund Class L - 14

Great-West Lifetime 2040 Fund Class L - 25

Great-West Lifetime 2045 Fund Class L - 28

Great-West Lifetime 2045 Fund Class L - 35

Great-West Lifetime 2045 Fund Institutional

Great-West Lifetime 2045 Fund Institutional

Class - 30

Class - 30

Great-West Lifetime 2050 Fund Class L - 7

Great-West Lifetime 2050 Fund Class L - 15

Great-West Lifetime 2050 Fund Institutional

Great-West Lifetime 2050 Fund Institutional

Class - 5

Class - 15

Great-West SecureFoundation® Balanced

Great-West SecureFoundation® Balanced

Fund Class L – 65

Fund Class L – 70

Great-West SecureFoundation® Balanced

Great-West SecureFoundation® Balanced

Fund Institutional Class – 26

Fund Institutional Class – 30

Great-West Emerging Markets Equity Fund

Great-West Emerging Markets Equity Fund

Class L - 15

Class L - 30

Great-West Lifetime 2015 Fund Investor

Great-West Lifetime 2015 Fund Investor

Class - 50

Class - 45

Great-West Lifetime 2015 Fund Service Class

Great-West Lifetime 2015 Fund Service

- 135

Class - 100

Great-West Lifetime 2025 Fund Service Class

Great-West Lifetime 2025 Fund Service

- 230

Class - 200

Great-West Real Estate Index Fund

Great-West Real Estate Index Fund

Institutional Class - 150

Institutional Class - 100

Great-West Short Duration Bond Fund

Great-West Short Duration Bond Fund

Institutional Class - 120

Institutional Class - 100

Great-West Putnam High Yield Bond Fund

Great-West Putnam High Yield Bond Fund

Institutional Class - 150

Institutional Class - 100

Great-West Loomis Sayles Small Cap Value

Great-West Loomis Sayles Small Cap Value

Fund Institutional Class -150

Fund Institutional Class -100

Great-West Emerging Markets Equity Fund

Great-West Emerging Markets Equity Fund

Institutional Class - 150

Institutional Class - 130

SECOND: The shares of the Corporation reclassified pursuant to Articles Second of these Articles Supplementary have been so classified 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 nineteen billion (19,000,000,000) shares of common stock of the par value of $0.10 per share and of the aggregate par value of one billion nine hundred million dollars ($1,900,000,000), of which the Board of Directors had designated fourteen billion six hundred and twenty- five million (14,625,000,000) 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

3500

Great-West Government Money Market

Institutional

470

 

Class

 

Great-West Bond Index

Investor Class

85

Great-West Bond Index

Class L

75

Great-West Bond Index

Institutional

230

 

Class

 

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

75

 

Class

 

Great-West S&P Small Cap 600® Index

Investor Class

100

Great-West S&P Small Cap 600® Index

Class L

15

Great-West S&P Small Cap 600® Index

Institutional

150

 

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

150

 

Class

 

Previous Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Large Cap Growth

Investor Class

50

Great-West Large Cap Growth

Class L

5

Great-West Large Cap Growth

Institutional

200

 

Class

 

Great-West International Growth

Investor Class

20

Great-West International Growth

Class L

5

Great-West International Growth

Institutional

150

 

Class

 

Great-West Core Bond

Investor Class

20

Great-West Core Bond

Class L

5

Great-West Core Bond

Institutional

150

 

Class

 

Great-West International Value

Investor Class

65

Great-West International Value

Class L

15

Great-West International Value

Institutional

225

 

Class

 

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

300

 

Class

 

Great-West Mid Cap Value

Investor Class

20

Great-West Mid Cap Value

Class L

34

Great-West Mid Cap Value

Institutional

150

 

Class

 

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

50

 

Class

 

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

50

 

Class

 

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

150

 

Class

 

Great-West Multi-Sector Bond

Investor Class

80

Great-West Multi-Sector Bond

Class L

15

Great-West Multi-Sector Bond

Institutional

150

 

Class

 

Great-West Short Duration Bond

Investor Class

40

Great-West Short Duration Bond

Class L

5

Great-West Short Duration Bond

Institutional

120

 

Class

 

Previous Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

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

250

 

Class

 

Great-West Global Bond

Investor Class

35

Great-West Global Bond

Class L

5

Great-West Global Bond

Institutional

150

 

Class

 

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

150

 

Class

 

Great-West International Index

Investor Class

40

Great-West International Index

Class L

22

Great-West International Index

Institutional

180

 

Class

 

Great-West Large Cap Value Fund

Investor Class

15

Great-West Large Cap Value Fund

Investor II Class

105

Great-West Large Cap Value Fund

Class L

5

Great-West Large Cap Value Fund

Institutional

350

 

Class

 

Great-West Real Estate Index

Investor Class

17

Great-West Real Estate Index

Class L

22

Great-West Real Estate Index

Institutional

150

 

Class

 

Great-West Small Cap Growth

Investor Class

15

Great-West Small Cap Growth

Class L

5

Great-West Small Cap Growth

Institutional

50

 

Class

 

Great-West Emerging Markets Equity

Investor Class

25

Great-West Emerging Markets Equity

Class L

15

Great-West Emerging Markets Equity

Institutional

150

 

Class

 

Great-West Inflation-Protected Securities

Investor Class

50

Great-West Inflation-Protected Securities

Class L

15

Great-West Inflation-Protected Securities

Institutional

100

 

Class

 

Great-West Conservative Profile

Investor Class

100

Great-West Conservative Profile

Class L

120

Great-West Conservative Profile

Institutional

10

 

Class

 

Great-West Moderately Conservative Profile

Investor Class

100

Great-West Moderately Conservative Profile

Class L

70

Previous Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Moderately Conservative Profile

Institutional

10

 

Class

 

Great-West Moderate Profile

Investor Class

350

Great-West Moderate Profile

Class L

180

Great-West Moderate Profile

Institutional

35

 

Class

 

Great-West Moderately Aggressive Profile

Investor Class

150

Great-West Moderately Aggressive Profile

Class L

60

Great-West Moderately Aggressive Profile

Institutional

15

 

Class

 

Great-West Aggressive Profile

Investor Class

225

Great-West Aggressive Profile

Class L

40

Great-West Aggressive Profile

Institutional

50

 

Class

 

Great-West Core Strategies: U.S. Equity

Investor Class

5

Great-West Core Strategies: U.S. Equity

Class L

20

Great-West Core Strategies: U.S. Equity

Institutional

25

 

Class

 

Great-West Core Strategies: International Equity

Investor Class

5

Great-West Core Strategies: International Equity

Class L

86

Great-West Core Strategies: International Equity

Institutional

25

 

Class

 

Great-West Core Strategies: Flexible Bond

Investor Class

5

Great-West Core Strategies: Flexible Bond

Class L

25

Great-West Core Strategies: Flexible Bond

Institutional

15

 

Class

 

Great-West Core Strategies: Inflation-Protected

Investor Class

5

Securities

 

 

Great-West Core Strategies: Inflation-Protected

Class L

68

Securities

 

 

Great-West Core Strategies: Inflation-Protected

Institutional

20

Securities

Class

 

Great-West Core Strategies: Short Duration Bond

Investor Class

5

Great-West Core Strategies: Short Duration Bond

Class L

62

Great-West Core Strategies: Short Duration Bond

Institutional

15

 

Class

 

Great-West Lifetime Conservative 2015

Investor Class

20

Great-West Lifetime Conservative 2015

Service Class

35

Great-West Lifetime Conservative 2015

Class L

5

Great-West Lifetime Conservative 2015

Institutional

5

 

Class

 

Great-West Lifetime 2015

Investor Class

50

Great-West Lifetime 2015

Service Class

135

Great-West Lifetime 2015

Class L

60

Previous Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Lifetime 2015

Institutional

20

 

Class

 

Great-West Lifetime Conservative 2020

Investor Class

20

Great-West Lifetime Conservative 2020

Service Class

20

Great-West Lifetime Conservative 2020

Class L

5

Great-West Lifetime Conservative 2020

Institutional

5

 

Class

 

Great-West Lifetime 2020

Investor Class

5

Great-West Lifetime 2020

Service Class

35

Great-West Lifetime 2020

Class L

30

Great-West Lifetime 2020

Institutional

12

 

Class

 

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

5

 

Class

 

Great-West Lifetime 2025

Investor Class

70

Great-West Lifetime 2025

Service Class

230

Great-West Lifetime 2025

Class L

60

Great-West Lifetime 2025

Institutional

60

 

Class

 

Great-West Lifetime Conservative 2030

Investor Class

20

Great-West Lifetime Conservative 2030

Service Class

20

Great-West Lifetime Conservative 2030

Class L

5

Great-West Lifetime Conservative 2030

Institutional

5

 

Class

 

Great-West Lifetime 2030

Investor Class

35

Great-West Lifetime 2030

Service Class

20

Great-West Lifetime 2030

Class L

20

Great-West Lifetime 2030

Institutional

15

 

Class

 

Great-West Lifetime Conservative 2035

Investor Class

20

Great-West Lifetime Conservative 2035

Service Class

35

Great-West Lifetime Conservative 2035

Class L

5

Great-West Lifetime Conservative 2035

Institutional

10

 

Class

 

Great-West Lifetime 2035

Investor Class

70

Great-West Lifetime 2035

Service Class

225

Great-West Lifetime 2035

Class L

46

Great-West Lifetime 2035

Institutional

50

 

Class

 

Great-West Lifetime Conservative 2040

Investor Class

35

Great-West Lifetime Conservative 2040

Service Class

20

Previous Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Lifetime Conservative 2040

Class L

5

Great-West Lifetime Conservative 2040

Institutional

5

 

Class

 

Great-West Lifetime 2040

Investor Class

20

Great-West Lifetime 2040

Service Class

35

Great-West Lifetime 2040

Class L

14

Great-West Lifetime 2040

Institutional

10

 

Class

 

Great-West Lifetime Conservative 2045

Investor Class

20

Great-West Lifetime Conservative 2045

Service Class

35

Great-West Lifetime Conservative 2045

Class L

5

Great-West Lifetime Conservative 2045

Institutional

5

 

Class

 

Great-West Lifetime 2045

Investor Class

35

Great-West Lifetime 2045

Service Class

120

Great-West Lifetime 2045

Class L

28

Great-West Lifetime 2045

Institutional

30

 

Class

 

Great-West Lifetime Conservative 2050

Investor Class

35

Great-West Lifetime Conservative 2050

Service Class

20

Great-West Lifetime Conservative 2050

Class L

5

Great-West Lifetime Conservative 2050

Institutional

5

 

Class

 

Great-West Lifetime 2050

Investor Class

5

Great-West Lifetime 2050

Service Class

35

Great-West Lifetime 2050

Class L

7

Great-West Lifetime 2050

Institutional

5

 

Class

 

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

5

 

Class

 

Great-West Lifetime 2055

Investor Class

35

Great-West Lifetime 2055

Service Class

70

Great-West Lifetime 2055

Class L

28

Great-West Lifetime 2055

Institutional

35

 

Class

 

Great-West Lifetime Conservative 2060

Investor Class

35

Great-West Lifetime Conservative 2060

Service Class

35

Great-West Lifetime Conservative 2060

Class L

5

Great-West Lifetime Conservative 2060

Institutional

5

 

Class

 

Great-West Lifetime 2060

Investor Class

50

Previous Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Lifetime 2060

Service Class

70

Great-West Lifetime 2060

Class L

28

Great-West Lifetime 2060

Institutional

10

 

Class

 

Great-West SecureFoundation® Balanced

Investor Class

50

Great-West SecureFoundation® Balanced

Service Class

30

Great-West SecureFoundation® Balanced

Class L

65

Great-West SecureFoundation® Balanced

Institutional

26

 

Class

 

Great-West SecureFoundation® Balanced ETF

Class A

20

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

5

 

Class

 

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

5

 

Class

 

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

5

 

Class

 

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

5

 

Class

 

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

5

 

Class

 

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

5

 

Class

 

Great-West SecureFoundation® Lifetime 2050

Investor Class

5

Great-West SecureFoundation® Lifetime 2050

Service Class

5

Great-West SecureFoundation® Lifetime 2050

Class L

5

Previous Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West SecureFoundation® Lifetime 2050

Institutional

5

 

Class

 

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

5

 

Class

 

Great-West SecureFoundation® Lifetime 2060

Investor Class

10

Great-West SecureFoundation® Lifetime 2060

Service Class

10

Great-West SecureFoundation® Lifetime 2060

Class L

5

Great-West SecureFoundation® Lifetime 2060

Institutional

5

 

Class

 

 

 

 

Unclassified Capital Stock:

 

4,375

 

 

 

Total:

 

19,000

As supplemented hereby, the Corporation's Articles of Amendment and Restatement authorize the issuance of nineteen billion (19,000,000,000) shares of common stock of the par value of $0.10 per share and of the aggregate par value of one billion nine hundred million dollars ($1,900,000,000), classified as follows:

Current Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Government Money Market

Investor Class

3500

Great-West Government Money Market

Institutional

470

 

Class

 

Great-West Bond Index

Investor Class

85

Great-West Bond Index

Class L

75

Great-West Bond Index

Institutional

230

 

Class

 

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

75

 

Class

 

Great-West S&P Small Cap 600® Index

Investor Class

100

Great-West S&P Small Cap 600® Index

Class L

15

Great-West S&P Small Cap 600® Index

Institutional

150

 

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

100

 

Class

 

Current Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Large Cap Growth

Investor Class

50

Great-West Large Cap Growth

Class L

5

Great-West Large Cap Growth

Institutional

200

 

Class

 

Great-West International Growth

Investor Class

20

Great-West International Growth

Class L

5

Great-West International Growth

Institutional

150

 

Class

 

Great-West Core Bond

Investor Class

20

Great-West Core Bond

Class L

5

Great-West Core Bond

Institutional

150

 

Class

 

Great-West International Value

Investor Class

65

Great-West International Value

Class L

15

Great-West International Value

Institutional

225

 

Class

 

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

300

 

Class

 

Great-West Mid Cap Value

Investor Class

20

Great-West Mid Cap Value

Class L

34

Great-West Mid Cap Value

Institutional

150

 

Class

 

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

50

 

Class

 

Great-West Ariel Mid Cap Value

Investor Class

200

Great-West Ariel Mid Cap Value

Class L

50

Great-West Ariel Mid Cap Value

Institutional

50

 

Class

 

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

100

 

Class

 

Great-West Multi-Sector Bond

Investor Class

80

Great-West Multi-Sector Bond

Class L

15

Great-West Multi-Sector Bond

Institutional

150

 

Class

 

Great-West Short Duration Bond

Investor Class

40

Great-West Short Duration Bond

Class L

5

Great-West Short Duration Bond

Institutional

100

 

Class

 

Current Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West T. Rowe Price Mid Cap Growth

Investor Class

100

Great-West T. Rowe Price Mid Cap Growth

Class L

30

Great-West T. Rowe Price Mid Cap Growth

Institutional

280

 

Class

 

Great-West Global Bond

Investor Class

35

Great-West Global Bond

Class L

5

Great-West Global Bond

Institutional

150

 

Class

 

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

150

 

Class

 

Great-West International Index

Investor Class

40

Great-West International Index

Class L

22

Great-West International Index

Institutional

180

 

Class

 

Great-West Large Cap Value Fund

Investor Class

15

Great-West Large Cap Value Fund

Investor II Class

105

Great-West Large Cap Value Fund

Class L

5

Great-West Large Cap Value Fund

Institutional

350

 

Class

 

Great-West Real Estate Index

Investor Class

17

Great-West Real Estate Index

Class L

22

Great-West Real Estate Index

Institutional

100

 

Class

 

Great-West Small Cap Growth

Investor Class

15

Great-West Small Cap Growth

Class L

5

Great-West Small Cap Growth

Institutional

50

 

Class

 

Great-West Emerging Markets Equity

Investor Class

25

Great-West Emerging Markets Equity

Class L

30

Great-West Emerging Markets Equity

Institutional

130

 

Class

 

Great-West Inflation-Protected Securities

Investor Class

50

Great-West Inflation-Protected Securities

Class L

15

Great-West Inflation-Protected Securities

Institutional

100

 

Class

 

Great-West Conservative Profile

Investor Class

100

Great-West Conservative Profile

Class L

140

Great-West Conservative Profile

Institutional

10

 

Class

 

Great-West Moderately Conservative Profile

Investor Class

100

Great-West Moderately Conservative Profile

Class L

80

Current Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Moderately Conservative Profile

Institutional

10

 

Class

 

Great-West Moderate Profile

Investor Class

350

Great-West Moderate Profile

Class L

180

Great-West Moderate Profile

Institutional

35

 

Class

 

Great-West Moderately Aggressive Profile

Investor Class

150

Great-West Moderately Aggressive Profile

Class L

75

Great-West Moderately Aggressive Profile

Institutional

15

 

Class

 

Great-West Aggressive Profile

Investor Class

225

Great-West Aggressive Profile

Class L

40

Great-West Aggressive Profile

Institutional

50

 

Class

 

Great-West Core Strategies: U.S. Equity

Investor Class

5

Great-West Core Strategies: U.S. Equity

Class L

20

Great-West Core Strategies: U.S. Equity

Institutional

25

 

Class

 

Great-West Core Strategies: International Equity

Investor Class

5

Great-West Core Strategies: International Equity

Class L

86

Great-West Core Strategies: International Equity

Institutional

25

 

Class

 

Great-West Core Strategies: Flexible Bond

Investor Class

5

Great-West Core Strategies: Flexible Bond

Class L

25

Great-West Core Strategies: Flexible Bond

Institutional

15

 

Class

 

Great-West Core Strategies: Inflation-Protected

Investor Class

5

Securities

 

 

Great-West Core Strategies: Inflation-Protected

Class L

68

Securities

 

 

Great-West Core Strategies: Inflation-Protected

Institutional

20

Securities

Class

 

Great-West Core Strategies: Short Duration Bond

Investor Class

5

Great-West Core Strategies: Short Duration Bond

Class L

62

Great-West Core Strategies: Short Duration Bond

Institutional

15

 

Class

 

Great-West Lifetime Conservative 2015

Investor Class

20

Great-West Lifetime Conservative 2015

Service Class

35

Great-West Lifetime Conservative 2015

Class L

5

Great-West Lifetime Conservative 2015

Institutional

5

 

Class

 

Great-West Lifetime 2015

Investor Class

46

Great-West Lifetime 2015

Service Class

100

Great-West Lifetime 2015

Class L

70

Current Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Lifetime 2015

Institutional

20

 

Class

 

Great-West Lifetime Conservative 2020

Investor Class

20

Great-West Lifetime Conservative 2020

Service Class

20

Great-West Lifetime Conservative 2020

Class L

5

Great-West Lifetime Conservative 2020

Institutional

5

 

Class

 

Great-West Lifetime 2020

Investor Class

5

Great-West Lifetime 2020

Service Class

35

Great-West Lifetime 2020

Class L

35

Great-West Lifetime 2020

Institutional

12

 

Class

 

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

5

 

Class

 

Great-West Lifetime 2025

Investor Class

70

Great-West Lifetime 2025

Service Class

200

Great-West Lifetime 2025

Class L

70

Great-West Lifetime 2025

Institutional

60

 

Class

 

Great-West Lifetime Conservative 2030

Investor Class

20

Great-West Lifetime Conservative 2030

Service Class

20

Great-West Lifetime Conservative 2030

Class L

5

Great-West Lifetime Conservative 2030

Institutional

5

 

Class

 

Great-West Lifetime 2030

Investor Class

35

Great-West Lifetime 2030

Service Class

20

Great-West Lifetime 2030

Class L

30

Great-West Lifetime 2030

Institutional

15

 

Class

 

Great-West Lifetime Conservative 2035

Investor Class

20

Great-West Lifetime Conservative 2035

Service Class

35

Great-West Lifetime Conservative 2035

Class L

5

Great-West Lifetime Conservative 2035

Institutional

10

 

Class

 

Great-West Lifetime 2035

Investor Class

70

Great-West Lifetime 2035

Service Class

225

Great-West Lifetime 2035

Class L

60

Great-West Lifetime 2035

Institutional

60

 

Class

 

Great-West Lifetime Conservative 2040

Investor Class

35

Great-West Lifetime Conservative 2040

Service Class

20

Current Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Lifetime Conservative 2040

Class L

5

Great-West Lifetime Conservative 2040

Institutional

5

 

Class

 

Great-West Lifetime 2040

Investor Class

20

Great-West Lifetime 2040

Service Class

35

Great-West Lifetime 2040

Class L

25

Great-West Lifetime 2040

Institutional

10

 

Class

 

Great-West Lifetime Conservative 2045

Investor Class

20

Great-West Lifetime Conservative 2045

Service Class

35

Great-West Lifetime Conservative 2045

Class L

5

Great-West Lifetime Conservative 2045

Institutional

5

 

Class

 

Great-West Lifetime 2045

Investor Class

35

Great-West Lifetime 2045

Service Class

120

Great-West Lifetime 2045

Class L

35

Great-West Lifetime 2045

Institutional

35

 

Class

 

Great-West Lifetime Conservative 2050

Investor Class

35

Great-West Lifetime Conservative 2050

Service Class

20

Great-West Lifetime Conservative 2050

Class L

5

Great-West Lifetime Conservative 2050

Institutional

5

 

Class

 

Great-West Lifetime 2050

Investor Class

5

Great-West Lifetime 2050

Service Class

35

Great-West Lifetime 2050

Class L

15

Great-West Lifetime 2050

Institutional

15

 

Class

 

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

5

 

Class

 

Great-West Lifetime 2055

Investor Class

35

Great-West Lifetime 2055

Service Class

70

Great-West Lifetime 2055

Class L

28

Great-West Lifetime 2055

Institutional

35

 

Class

 

Great-West Lifetime Conservative 2060

Investor Class

35

Great-West Lifetime Conservative 2060

Service Class

35

Great-West Lifetime Conservative 2060

Class L

5

Great-West Lifetime Conservative 2060

Institutional

5

 

Class

 

Great-West Lifetime 2060

Investor Class

50

Current Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Lifetime 2060

Service Class

70

Great-West Lifetime 2060

Class L

28

Great-West Lifetime 2060

Institutional

10

 

Class

 

Great-West SecureFoundation® Balanced

Investor Class

50

Great-West SecureFoundation® Balanced

Service Class

30

Great-West SecureFoundation® Balanced

Class L

70

Great-West SecureFoundation® Balanced

Institutional

30

 

Class

 

Great-West SecureFoundation® Balanced ETF

Class A

20

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

5

 

Class

 

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

5

 

Class

 

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

5

 

Class

 

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

5

 

Class

 

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

5

 

Class

 

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

5

 

Class

 

Great-West SecureFoundation® Lifetime 2050

Investor Class

5

Great-West SecureFoundation® Lifetime 2050

Service Class

5

Great-West SecureFoundation® Lifetime 2050

Class L

5

Current Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West SecureFoundation® Lifetime 2050

Institutional

5

 

Class

 

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

5

 

Class

 

Great-West SecureFoundation® Lifetime 2060

Investor Class

10

Great-West SecureFoundation® Lifetime 2060

Service Class

10

Great-West SecureFoundation® Lifetime 2060

Class L

5

Great-West SecureFoundation® Lifetime 2060

Institutional

5

 

Class

 

 

 

 

Unclassified Capital Stock:

 

4,375

 

 

 

Total:

 

19,000

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 February 26, 2020. [remainder of page intentionally left blank]

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 April 21, 2020, the Board of Directors of the Corporation, by way of written consent and 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

Re-Classified Shares (expressed in millions)

millions)

 

Great-West Mid Cap Value Fund Institutional

Great-West Mid Cap Value Fund Institutional

Class – 150

Class – 200

Great-West T. Rowe Price Mid Cap Growth

Great-West T. Rowe Price Mid Cap Growth

Fund Institutional Class – 280

Fund Institutional Class – 320

Great-West SecureFoundation Balanced Fund

Great-West SecureFoundation Balanced Fund

Institutional Class – 30

Institutional Class – 50

Great-West Multi-Sector Bond Fund

Great-West Multi-Sector Bond Fund

Institutional Class – 150

Institutional Class – 120

Great-West Large Cap Value Fund Investor II

Great-West Large Cap Value Fund Investor II

Class – 105

Class - 85

Great-West Moderately Aggressive Profile

Great-West Moderately Aggressive Profile

Fund Investor Class - 150

Fund Investor Class – 120

Great-West Bond Index Fund Investor Class –

Great-West Bond Index Fund Investor Class

85

– 75

Great-West Multi-Sector Bond Fund Investor

Great-West Multi-Sector Bond Fund Investor

Class – 80

Class – 70

Great-West Lifetime 2035 Fund Service Class

Great-West Lifetime 2035 Fund Service

– 225

Class – 215

Great-West Government Money Market Fund

Great-West Government Money Market Fund

Investor Class – 3,500

Investor Class – 4,500

SECOND: The shares of the Corporation reclassified pursuant to Articles Second of these Articles Supplementary have been so classified 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 nineteen billion (19,000,000,000) shares of common stock of the par value of $0.10 per share and of the aggregate par value of one billion nine hundred million dollars ($1,900,000,000), of which the Board of Directors had designated fourteen billion six hundred and twenty- five million (14,625,000,000) 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

3500

Great-West Government Money Market

Institutional

470

 

Class

 

Great-West Bond Index

Investor Class

85

Great-West Bond Index

Class L

75

Great-West Bond Index

Institutional

230

 

Class

 

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

75

 

Class

 

Great-West S&P Small Cap 600® Index

Investor Class

100

Great-West S&P Small Cap 600® Index

Class L

15

Great-West S&P Small Cap 600® Index

Institutional

150

 

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

100

 

Class

 

Great-West Large Cap Growth

Investor Class

50

Great-West Large Cap Growth

Class L

5

Great-West Large Cap Growth

Institutional

200

 

Class

 

Great-West International Growth

Investor Class

20

Great-West International Growth

Class L

5

Great-West International Growth

Institutional

150

 

Class

 

Great-West Core Bond

Investor Class

20

Great-West Core Bond

Class L

5

Great-West Core Bond

Institutional

150

 

Class

 

Great-West International Value

Investor Class

65

Great-West International Value

Class L

15

Great-West International Value

Institutional

225

 

Class

 

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

300

 

Class

 

Great-West Mid Cap Value

Investor Class

20

Great-West Mid Cap Value

Class L

34

Great-West Mid Cap Value

Institutional

150

 

Class

 

Great-West Invesco Small Cap Value

Investor Class

10

Previous 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

50

 

Class

 

Great-West Ariel Mid Cap Value

Investor Class

200

Great-West Ariel Mid Cap Value

Class L

50

Great-West Ariel Mid Cap Value

Institutional

50

 

Class

 

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

100

 

Class

 

Great-West Multi-Sector Bond

Investor Class

80

Great-West Multi-Sector Bond

Class L

15

Great-West Multi-Sector Bond

Institutional

150

 

Class

 

Great-West Short Duration Bond

Investor Class

40

Great-West Short Duration Bond

Class L

5

Great-West Short Duration Bond

Institutional

100

 

Class

 

Great-West T. Rowe Price Mid Cap Growth

Investor Class

100

Great-West T. Rowe Price Mid Cap Growth

Class L

30

Great-West T. Rowe Price Mid Cap Growth

Institutional

280

 

Class

 

Great-West Global Bond

Investor Class

35

Great-West Global Bond

Class L

5

Great-West Global Bond

Institutional

150

 

Class

 

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

150

 

Class

 

Great-West International Index

Investor Class

40

Great-West International Index

Class L

22

Great-West International Index

Institutional

180

 

Class

 

Great-West Large Cap Value Fund

Investor Class

15

Great-West Large Cap Value Fund

Investor II Class

105

Great-West Large Cap Value Fund

Class L

5

Great-West Large Cap Value Fund

Institutional

350

 

Class

 

Great-West Real Estate Index

Investor Class

17

Great-West Real Estate Index

Class L

22

Great-West Real Estate Index

Institutional

100

 

Class

 

Previous Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Small Cap Growth

Investor Class

15

Great-West Small Cap Growth

Class L

5

Great-West Small Cap Growth

Institutional

50

 

Class

 

Great-West Emerging Markets Equity

Investor Class

25

Great-West Emerging Markets Equity

Class L

30

Great-West Emerging Markets Equity

Institutional

130

 

Class

 

Great-West Inflation-Protected Securities

Investor Class

50

Great-West Inflation-Protected Securities

Class L

15

Great-West Inflation-Protected Securities

Institutional

100

 

Class

 

Great-West Conservative Profile

Investor Class

100

Great-West Conservative Profile

Class L

140

Great-West Conservative Profile

Institutional

10

 

Class

 

Great-West Moderately Conservative Profile

Investor Class

100

Great-West Moderately Conservative Profile

Class L

80

Great-West Moderately Conservative Profile

Institutional

10

 

Class

 

Great-West Moderate Profile

Investor Class

350

Great-West Moderate Profile

Class L

180

Great-West Moderate Profile

Institutional

35

 

Class

 

Great-West Moderately Aggressive Profile

Investor Class

150

Great-West Moderately Aggressive Profile

Class L

75

Great-West Moderately Aggressive Profile

Institutional

15

 

Class

 

Great-West Aggressive Profile

Investor Class

225

Great-West Aggressive Profile

Class L

40

Great-West Aggressive Profile

Institutional

50

 

Class

 

Great-West Core Strategies: U.S. Equity

Investor Class

5

Great-West Core Strategies: U.S. Equity

Class L

20

Great-West Core Strategies: U.S. Equity

Institutional

25

 

Class

 

Great-West Core Strategies: International Equity

Investor Class

5

Great-West Core Strategies: International Equity

Class L

86

Great-West Core Strategies: International Equity

Institutional

25

 

Class

 

Great-West Core Strategies: Flexible Bond

Investor Class

5

Great-West Core Strategies: Flexible Bond

Class L

25

Great-West Core Strategies: Flexible Bond

Institutional

15

 

Class

 

Previous Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Core Strategies: Inflation-Protected

Investor Class

5

Securities

 

 

Great-West Core Strategies: Inflation-Protected

Class L

68

Securities

 

 

Great-West Core Strategies: Inflation-Protected

Institutional

20

Securities

Class

 

Great-West Core Strategies: Short Duration Bond

Investor Class

5

Great-West Core Strategies: Short Duration Bond

Class L

62

Great-West Core Strategies: Short Duration Bond

Institutional

15

 

Class

 

Great-West Lifetime Conservative 2015

Investor Class

20

Great-West Lifetime Conservative 2015

Service Class

35

Great-West Lifetime Conservative 2015

Class L

5

Great-West Lifetime Conservative 2015

Institutional

5

 

Class

 

Great-West Lifetime 2015

Investor Class

46

Great-West Lifetime 2015

Service Class

100

Great-West Lifetime 2015

Class L

70

Great-West Lifetime 2015

Institutional

20

 

Class

 

Great-West Lifetime Conservative 2020

Investor Class

20

Great-West Lifetime Conservative 2020

Service Class

20

Great-West Lifetime Conservative 2020

Class L

5

Great-West Lifetime Conservative 2020

Institutional

5

 

Class

 

Great-West Lifetime 2020

Investor Class

5

Great-West Lifetime 2020

Service Class

35

Great-West Lifetime 2020

Class L

35

Great-West Lifetime 2020

Institutional

12

 

Class

 

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

5

 

Class

 

Great-West Lifetime 2025

Investor Class

70

Great-West Lifetime 2025

Service Class

200

Great-West Lifetime 2025

Class L

70

Great-West Lifetime 2025

Institutional

60

 

Class

 

Great-West Lifetime Conservative 2030

Investor Class

20

Great-West Lifetime Conservative 2030

Service Class

20

Great-West Lifetime Conservative 2030

Class L

5

Previous Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Lifetime Conservative 2030

Institutional

5

 

Class

 

Great-West Lifetime 2030

Investor Class

35

Great-West Lifetime 2030

Service Class

20

Great-West Lifetime 2030

Class L

30

Great-West Lifetime 2030

Institutional

15

 

Class

 

Great-West Lifetime Conservative 2035

Investor Class

20

Great-West Lifetime Conservative 2035

Service Class

35

Great-West Lifetime Conservative 2035

Class L

5

Great-West Lifetime Conservative 2035

Institutional

10

 

Class

 

Great-West Lifetime 2035

Investor Class

70

Great-West Lifetime 2035

Service Class

225

Great-West Lifetime 2035

Class L

60

Great-West Lifetime 2035

Institutional

60

 

Class

 

Great-West Lifetime Conservative 2040

Investor Class

35

Great-West Lifetime Conservative 2040

Service Class

20

Great-West Lifetime Conservative 2040

Class L

5

Great-West Lifetime Conservative 2040

Institutional

5

 

Class

 

Great-West Lifetime 2040

Investor Class

20

Great-West Lifetime 2040

Service Class

35

Great-West Lifetime 2040

Class L

25

Great-West Lifetime 2040

Institutional

10

 

Class

 

Great-West Lifetime Conservative 2045

Investor Class

20

Great-West Lifetime Conservative 2045

Service Class

35

Great-West Lifetime Conservative 2045

Class L

5

Great-West Lifetime Conservative 2045

Institutional

5

 

Class

 

Great-West Lifetime 2045

Investor Class

35

Great-West Lifetime 2045

Service Class

120

Great-West Lifetime 2045

Class L

35

Great-West Lifetime 2045

Institutional

35

 

Class

 

Great-West Lifetime Conservative 2050

Investor Class

35

Great-West Lifetime Conservative 2050

Service Class

20

Great-West Lifetime Conservative 2050

Class L

5

Great-West Lifetime Conservative 2050

Institutional

5

 

Class

 

Great-West Lifetime 2050

Investor Class

5

Great-West Lifetime 2050

Service Class

35

Previous Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Lifetime 2050

Class L

15

Great-West Lifetime 2050

Institutional

15

 

Class

 

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

5

 

Class

 

Great-West Lifetime 2055

Investor Class

35

Great-West Lifetime 2055

Service Class

70

Great-West Lifetime 2055

Class L

28

Great-West Lifetime 2055

Institutional

35

 

Class

 

Great-West Lifetime Conservative 2060

Investor Class

35

Great-West Lifetime Conservative 2060

Service Class

35

Great-West Lifetime Conservative 2060

Class L

5

Great-West Lifetime Conservative 2060

Institutional

5

 

Class

 

Great-West Lifetime 2060

Investor Class

50

Great-West Lifetime 2060

Service Class

70

Great-West Lifetime 2060

Class L

28

Great-West Lifetime 2060

Institutional

10

 

Class

 

Great-West SecureFoundation® Balanced

Investor Class

50

Great-West SecureFoundation® Balanced

Service Class

30

Great-West SecureFoundation® Balanced

Class L

70

Great-West SecureFoundation® Balanced

Institutional

30

 

Class

 

Great-West SecureFoundation® Balanced ETF

Class A

20

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

5

 

Class

 

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

5

 

Class

 

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

5

 

Class

 

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

10

Great-West SecureFoundation® Lifetime 2035

Class L

5

Great-West SecureFoundation® Lifetime 2035

Institutional

5

 

Class

 

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

5

 

Class

 

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

5

 

Class

 

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

5

 

Class

 

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

5

 

Class

 

Great-West SecureFoundation® Lifetime 2060

Investor Class

10

Great-West SecureFoundation® Lifetime 2060

Service Class

10

Great-West SecureFoundation® Lifetime 2060

Class L

5

Great-West SecureFoundation® Lifetime 2060

Institutional

5

 

Class

 

 

 

 

Unclassified Capital Stock:

 

4,375

 

 

 

Total:

 

19,000

As supplemented hereby, the Corporation's Articles of Amendment and Restatement authorize the issuance of nineteen billion (19,000,000,000) shares of common stock of the par value of $0.10 per share and of the aggregate par value of one billion nine hundred million dollars ($1,900,000,000), classified as follows:

Current Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Government Money Market

Investor Class

4500

Great-West Government Money Market

Institutional

470

 

Class

 

Great-West Bond Index

Investor Class

75

Great-West Bond Index

Class L

75

Great-West Bond Index

Institutional

230

 

Class

 

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

75

 

Class

 

Great-West S&P Small Cap 600® Index

Investor Class

100

Great-West S&P Small Cap 600® Index

Class L

15

Great-West S&P Small Cap 600® Index

Institutional

150

 

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

100

 

Class

 

Great-West Large Cap Growth

Investor Class

50

Great-West Large Cap Growth

Class L

5

Great-West Large Cap Growth

Institutional

200

 

Class

 

Great-West International Growth

Investor Class

20

Great-West International Growth

Class L

5

Great-West International Growth

Institutional

150

 

Class

 

Great-West Core Bond

Investor Class

20

Great-West Core Bond

Class L

5

Great-West Core Bond

Institutional

150

 

Class

 

Great-West International Value

Investor Class

65

Great-West International Value

Class L

15

Great-West International Value

Institutional

225

 

Class

 

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

300

 

Class

 

Great-West Mid Cap Value

Investor Class

20

Great-West Mid Cap Value

Class L

34

Great-West Mid Cap Value

Institutional

200

 

Class

 

Great-West Invesco Small Cap Value

Investor Class

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

50

 

Class

 

Great-West Ariel Mid Cap Value

Investor Class

200

Great-West Ariel Mid Cap Value

Class L

50

Great-West Ariel Mid Cap Value

Institutional

50

 

Class

 

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

100

 

Class

 

Great-West Multi-Sector Bond

Investor Class

70

Great-West Multi-Sector Bond

Class L

15

Great-West Multi-Sector Bond

Institutional

120

 

Class

 

Great-West Short Duration Bond

Investor Class

40

Great-West Short Duration Bond

Class L

5

Great-West Short Duration Bond

Institutional

100

 

Class

 

Great-West T. Rowe Price Mid Cap Growth

Investor Class

100

Great-West T. Rowe Price Mid Cap Growth

Class L

30

Great-West T. Rowe Price Mid Cap Growth

Institutional

320

 

Class

 

Great-West Global Bond

Investor Class

35

Great-West Global Bond

Class L

5

Great-West Global Bond

Institutional

150

 

Class

 

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

150

 

Class

 

Great-West International Index

Investor Class

40

Great-West International Index

Class L

22

Great-West International Index

Institutional

180

 

Class

 

Great-West Large Cap Value Fund

Investor Class

15

Great-West Large Cap Value Fund

Investor II Class

85

Great-West Large Cap Value Fund

Class L

5

Great-West Large Cap Value Fund

Institutional

350

 

Class

 

Great-West Real Estate Index

Investor Class

17

Great-West Real Estate Index

Class L

22

Great-West Real Estate Index

Institutional

100

 

Class

 

Current Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Small Cap Growth

Investor Class

15

Great-West Small Cap Growth

Class L

5

Great-West Small Cap Growth

Institutional

50

 

Class

 

Great-West Emerging Markets Equity

Investor Class

25

Great-West Emerging Markets Equity

Class L

30

Great-West Emerging Markets Equity

Institutional

130

 

Class

 

Great-West Inflation-Protected Securities

Investor Class

50

Great-West Inflation-Protected Securities

Class L

15

Great-West Inflation-Protected Securities

Institutional

100

 

Class

 

Great-West Conservative Profile

Investor Class

100

Great-West Conservative Profile

Class L

140

Great-West Conservative Profile

Institutional

10

 

Class

 

Great-West Moderately Conservative Profile

Investor Class

100

Great-West Moderately Conservative Profile

Class L

80

Great-West Moderately Conservative Profile

Institutional

10

 

Class

 

Great-West Moderate Profile

Investor Class

350

Great-West Moderate Profile

Class L

180

Great-West Moderate Profile

Institutional

35

 

Class

 

Great-West Moderately Aggressive Profile

Investor Class

120

Great-West Moderately Aggressive Profile

Class L

75

Great-West Moderately Aggressive Profile

Institutional

15

 

Class

 

Great-West Aggressive Profile

Investor Class

225

Great-West Aggressive Profile

Class L

40

Great-West Aggressive Profile

Institutional

50

 

Class

 

Great-West Core Strategies: U.S. Equity

Investor Class

5

Great-West Core Strategies: U.S. Equity

Class L

20

Great-West Core Strategies: U.S. Equity

Institutional

25

 

Class

 

Great-West Core Strategies: International Equity

Investor Class

5

Great-West Core Strategies: International Equity

Class L

86

Great-West Core Strategies: International Equity

Institutional

25

 

Class

 

Great-West Core Strategies: Flexible Bond

Investor Class

5

Great-West Core Strategies: Flexible Bond

Class L

25

Great-West Core Strategies: Flexible Bond

Institutional

15

 

Class

 

Current Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Core Strategies: Inflation-Protected

Investor Class

5

Securities

 

 

Great-West Core Strategies: Inflation-Protected

Class L

68

Securities

 

 

Great-West Core Strategies: Inflation-Protected

Institutional

20

Securities

Class

 

Great-West Core Strategies: Short Duration Bond

Investor Class

5

Great-West Core Strategies: Short Duration Bond

Class L

62

Great-West Core Strategies: Short Duration Bond

Institutional

15

 

Class

 

Great-West Lifetime Conservative 2015

Investor Class

20

Great-West Lifetime Conservative 2015

Service Class

35

Great-West Lifetime Conservative 2015

Class L

5

Great-West Lifetime Conservative 2015

Institutional

5

 

Class

 

Great-West Lifetime 2015

Investor Class

46

Great-West Lifetime 2015

Service Class

100

Great-West Lifetime 2015

Class L

70

Great-West Lifetime 2015

Institutional

20

 

Class

 

Great-West Lifetime Conservative 2020

Investor Class

20

Great-West Lifetime Conservative 2020

Service Class

20

Great-West Lifetime Conservative 2020

Class L

5

Great-West Lifetime Conservative 2020

Institutional

5

 

Class

 

Great-West Lifetime 2020

Investor Class

5

Great-West Lifetime 2020

Service Class

35

Great-West Lifetime 2020

Class L

35

Great-West Lifetime 2020

Institutional

12

 

Class

 

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

5

 

Class

 

Great-West Lifetime 2025

Investor Class

70

Great-West Lifetime 2025

Service Class

200

Great-West Lifetime 2025

Class L

70

Great-West Lifetime 2025

Institutional

60

 

Class

 

Great-West Lifetime Conservative 2030

Investor Class

20

Great-West Lifetime Conservative 2030

Service Class

20

Great-West Lifetime Conservative 2030

Class L

5

Current Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Lifetime Conservative 2030

Institutional

5

 

Class

 

Great-West Lifetime 2030

Investor Class

35

Great-West Lifetime 2030

Service Class

20

Great-West Lifetime 2030

Class L

30

Great-West Lifetime 2030

Institutional

15

 

Class

 

Great-West Lifetime Conservative 2035

Investor Class

20

Great-West Lifetime Conservative 2035

Service Class

35

Great-West Lifetime Conservative 2035

Class L

5

Great-West Lifetime Conservative 2035

Institutional

10

 

Class

 

Great-West Lifetime 2035

Investor Class

70

Great-West Lifetime 2035

Service Class

215

Great-West Lifetime 2035

Class L

60

Great-West Lifetime 2035

Institutional

60

 

Class

 

Great-West Lifetime Conservative 2040

Investor Class

35

Great-West Lifetime Conservative 2040

Service Class

20

Great-West Lifetime Conservative 2040

Class L

5

Great-West Lifetime Conservative 2040

Institutional

5

 

Class

 

Great-West Lifetime 2040

Investor Class

20

Great-West Lifetime 2040

Service Class

35

Great-West Lifetime 2040

Class L

25

Great-West Lifetime 2040

Institutional

10

 

Class

 

Great-West Lifetime Conservative 2045

Investor Class

20

Great-West Lifetime Conservative 2045

Service Class

35

Great-West Lifetime Conservative 2045

Class L

5

Great-West Lifetime Conservative 2045

Institutional

5

 

Class

 

Great-West Lifetime 2045

Investor Class

35

Great-West Lifetime 2045

Service Class

120

Great-West Lifetime 2045

Class L

35

Great-West Lifetime 2045

Institutional

35

 

Class

 

Great-West Lifetime Conservative 2050

Investor Class

35

Great-West Lifetime Conservative 2050

Service Class

20

Great-West Lifetime Conservative 2050

Class L

5

Great-West Lifetime Conservative 2050

Institutional

5

 

Class

 

Great-West Lifetime 2050

Investor Class

5

Great-West Lifetime 2050

Service Class

35

Current Classification of Shares

Series/Portfolio

Class

Authorized

 

 

Shares

 

 

(expressed in

 

 

millions)

Great-West Lifetime 2050

Class L

15

Great-West Lifetime 2050

Institutional

15

 

Class

 

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

5

 

Class

 

Great-West Lifetime 2055

Investor Class

35

Great-West Lifetime 2055

Service Class

70

Great-West Lifetime 2055

Class L

28

Great-West Lifetime 2055

Institutional

35

 

Class

 

Great-West Lifetime Conservative 2060

Investor Class

35

Great-West Lifetime Conservative 2060

Service Class

35

Great-West Lifetime Conservative 2060

Class L

5

Great-West Lifetime Conservative 2060

Institutional

5

 

Class

 

Great-West Lifetime 2060

Investor Class

50

Great-West Lifetime 2060

Service Class

70

Great-West Lifetime 2060

Class L

28

Great-West Lifetime 2060

Institutional

10

 

Class

 

Great-West SecureFoundation® Balanced

Investor Class

50

Great-West SecureFoundation® Balanced

Service Class

30

Great-West SecureFoundation® Balanced

Class L

70

Great-West SecureFoundation® Balanced

Institutional

50

 

Class

 

Great-West SecureFoundation® Balanced ETF

Class A

20

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

5

 

Class

 

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

5

 

Class

 

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

5

 

Class

 

Current 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

10

Great-West SecureFoundation® Lifetime 2035

Class L

5

Great-West SecureFoundation® Lifetime 2035

Institutional

5

 

Class

 

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

5

 

Class

 

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

5

 

Class

 

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

5

 

Class

 

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

5

 

Class

 

Great-West SecureFoundation® Lifetime 2060

Investor Class

10

Great-West SecureFoundation® Lifetime 2060

Service Class

10

Great-West SecureFoundation® Lifetime 2060

Class L

5

Great-West SecureFoundation® Lifetime 2060

Institutional

5

 

Class

 

 

 

 

Unclassified Capital Stock:

 

3,375

 

 

 

Total:

 

19,000

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 May 1, 2020. [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/ Jonathan Kreider

Name: Jonathan Kreider

Title: President & Chief Executive Officer

ATTEST:

By: /s/ Adam Kavan

Name: Adam Kavan

Title: Senior Counsel & Assistant Secretary

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/ Jonathan Kreider

Name: Jonathan Kreider

Title: President & Chief Executive Officer

ATTEST:

By: /s/ Adam Kavan

Name: Adam Kavan

Title: Senior Counsel & Assistant Secretary