Exhibit No. 99.(d)(3)

Amended Schedule B

Fee Schedule

Effective November 1, 2016, the compensation payable under Paragraph 4 of the Investment Advisory Agreement between Harding, Loevner Funds, Inc. and Harding Loevner LP shall be as follows:

Portfolio	Advisory Fee (expressed as a percentage of each portfolio’s average daily net assets)
	First $1 Billion			Next $1 Billion			Next $1 Billion			Over $3 Billion			Over $4 Billion			Over $5 Billion
Harding Loevner Global Equity Portfolio		0.80	%		0.78	%		0.76	%		0.74	%		0.74	%		0.74	%
Harding Loevner International Equity Portfolio		0.75	%		0.73	%		0.71	%		0.69	%		0.67	%		0.65	%
Harding Loevner International Small Companies Portfolio		1.15	%		1.15	%		1.15	%		1.15	%		1.15	%		1.15	%
Harding Loevner Institutional Emerging Markets Portfolio		1.15	%		1.13	%		1.11	%		1.09	%		1.09	%		1.09	%
Harding Loevner Emerging Markets Portfolio		1.15	%		1.13	%		1.11	%		1.09	%		1.09	%		1.09	%
Harding Loevner Frontier Emerging Markets Portfolio		1.50	%		1.48	%		1.48	%		1.48	%		1.48	%		1.48	%

HARDING, LOEVNER FUNDS, INC.		HARDING, LOEVNER FUNDS, INC.
By:	/s/ Richard T. Reiter	By:	/s/ Charles S. Todd
Name:	Richard T. Reiter	Name:	Charles S. Todd
Title:	President	Title:	Chief Financial Officer and Treasurer
HARDING LOEVNER LP		HARDING LOEVNER LP
By:	/s/ David R. Loevner	By:	/s/ Lori M. Renzulli
Name:	David R. Loevner	Name:	Lori M. Renzulli
Title:	President and Chief Executive Officer	Title:	Chief Counsel and Chief Compliance Officer