SCHEDULE A

FEE AND EXPENSE AGREEMENT

WELLS FARGO FUNDS TRUST

(Capped Operating Expense Ratios)

FUNDS/CLASSES

Capped Operating

Expense Ratio

Expiration / Renewal Date

Absolute Return Fund

Class A

Class C

Class R

Class R6

Administrator Class

Institutional Class

0.71%

1.46%

0.96%

0.28%

0.57%

0.33%

August 31, 2020

Adjustable Rate Government Fund

Class A

Class C

Administrator Class

Institutional Class

0.74%

1.49%

0.60%

0.46%

December 31, 2020

Alternative Risk Premia Fund

Class R6

Institutional Class

0.62%

0.72%

October 31, 2020

Asset Allocation Fund

Class A

Class C

Class R

Administrator Class

Institutional Class

1.13%

1.88%

1.38%

0.95%

0.80%

August 31, 2020

C&B Large Cap Value Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

1.08%

1.83%

0.65%

1.00%

0.75%

September 30, 2020

C&B Mid Cap Value Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

1.25%

2.00%

0.80%

1.15%

0.90%

January 31, 2021

California Limited-Term Tax-Free Fund

Class A

Class C

Administrator Class

Institutional Class

0.80%

1.55%

0.60%

0.50%

October 31, 2020

California Tax-Free Fund

Class A

Class C

Administrator Class

Institutional Class

0.75%

1.50%

0.55%

0.48%

October 31, 2020

Cash Investment Money Market Fund

Administrator Class

Institutional Class

Select Class

Service Class

0.33%

0.20%

0.13%

0.45%

May 31, 2021

Classic Value Fund

Class A

Class C

Class R

Class R6

Administrator Class

Institutional Class

1.11%

1.86%

1.36%

0.65%

0.95%

0.70%

November 30, 2020

Common Stock Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

1.26%

2.01%

0.83%

1.10%

0.85%

January 31, 2021

Conservative Income Fund

Class A2

Institutional Class¹

0.50%

0.27%

December 31, 2021

December 31, 2020

Core Bond Fund

Class A

Class C

Class R

Class R4

Class R6

Administrator Class

Institutional Class

0.78%

1.53%

1.03%

0.52%

0.37%

0.70%

0.42%

September 30, 2020

Core Plus Bond Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

0.73%

1.48%

0.35%

0.62%

0.40%

December 31, 2020

Disciplined Small Cap Fund

Class A

Class R6

Administrator Class

Institutional Class

0.93%

0.50%

0.85%

0.60%

July 31, 2020

Disciplined U.S. Core Fund

Class A

Class C

Class R

Class R6

Administrator Class

Institutional Class

0.87%

1.62%

1.12%

0.43%

0.74%

0.48%

November 30, 2020

Discovery Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

1.22%

1.97%

0.79%

1.14%

0.89%

January 31, 2021

Diversified Capital Builder Fund

Class A

Class C

Administrator Class

Institutional Class

1.13%

1.88%

1.05%

0.78%

January 31, 2021

Diversified Equity Fund

Class A

Class C

Administrator Class

1.25%

2.00%

1.00%

September 30, 2020

Diversified Income Builder Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

0.85%

1.60%

0.42%

0.77%

0.52%

January 31, 2021

Diversified International Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

1.35%

2.10%

0.89%

1.25%

0.99%

February 28, 2021

Dynamic Target Today Fund

Class A

Class C

Class R4

Class R6

0.68%

1.43%

0.37%

0.22%

September 30, 2020

Dynamic Target 2015 Fund

Class A

Class C

Class R4

Class R6

0.68%

1.43%

0.37%

0.22%

September 30, 2020

Dynamic Target 2020 Fund

Class A

Class C

Class R4

Class R6

0.68%

1.43%

0.37%

0.22%

September 30, 2020

Dynamic Target 2025 Fund

Class A

Class C

Class R4

Class R6

0.68%

1.43%

0.37%

0.22%

September 30, 2020

Dynamic Target 2030 Fund

Class A

Class C

Class R4

Class R6

0.68%

1.43%

0.37%

0.22%

September 30, 2020

Dynamic Target 2035 Fund

Class A

Class C

Class R4

Class R6

0.68%

1.43%

0.37%

0.22%

September 30, 2020

Dynamic Target 2040 Fund

Class A

Class C

Class R4

Class R6

0.68%

1.43%

0.37%

0.22%

September 30, 2020

Dynamic Target 2045 Fund

Class A

Class C

Class R4

Class R6

0.68%

1.43%

0.37%

0.22%

September 30, 2020

Dynamic Target 2050 Fund

Class A

Class C

Class R4

Class R6

0.68%

1.43%

0.37%

0.22%

September 30, 2020

Dynamic Target 2055 Fund

Class A

Class C

Class R4

Class R6

0.68%

1.43%

0.37%

0.22%

September 30, 2020

Dynamic Target 2060 Fund

Class A

Class C

Class R4

Class R6

0.68%

1.43%

0.37%

0.22%

September 30, 2020

Emerging Growth Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

1.28%

2.03%

0.85%

1.20%

0.90%

September 30, 2020

Emerging Markets Bond Fund

0.00%

June 30, 2020

Emerging Markets Equity Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

1.55%

2.30%

1.13%

1.42%

1.17%

February 28, 2021

Emerging Markets Equity Income Fund

Class A

Class C

Class R

Class R6

Administrator Class

Institutional Class

1.55%

2.30%

1.87%

1.13%

1.42%

1.17%

February 28, 2021

Endeavor Select Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

1.03%

1.78%

0.60%

0.94%

0.70%

November 30, 2021

Enterprise Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

1.18%

1.93%

0.80%

1.10%

0.85%

January 31, 2021

Fundamental Small Cap Growth Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

1.23%

1.98%

0.80%

1.15%

0.90%

July 31, 2020

July 31, 2021

July 31, 2020

Global Investment Grade Credit Fund

Class R6

Institutional Class

0.45%

0.50%

March 31, 2021

Global Small Cap Fund

Class A

Class C

Administrator Class

Institutional Class

1.55%

2.30%

1.40%

1.15%

February 28, 2021

Government Money Market Fund

Class A

Administrator Class

Institutional Class

Select Class

Service Class

Sweep Class²

0.60%

0.34%

0.20%

0.14%

0.50%

0.77%

May 31, 2021

May 31, 2022

Government Securities Fund

Class A

Class C

Administrator Class

Institutional Class

0.85%

1.60%

0.64%

0.48%

December 31, 2020

Growth Balanced Fund

Class A

Class C

Administrator Class

1.13%

1.88%

0.95%

September 30, 2020

Growth Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

1.16%

1.91%

0.70%

0.96%

0.75%

November 30, 2020

Heritage Money Market Fund

Administrator Class

Institutional Class

Select Class

Service Class

0.33%

0.20%

0.13%

0.43%

May 31, 2021

High Yield Bond Fund

Class A

Class C

Administrator Class

Institutional Class

0.93%

1.68%

0.80%

0.53%

December 31, 2020

High Yield Corporate Bond Fund

0.00%

June 30, 2020

High Yield Municipal Bond Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

0.80%

1.55%

0.50%

0.70%

0.55%

October 31, 2020

Index Asset Allocation Fund

Class A

Class C

Administrator Class

Institutional Class

1.08%

1.83%

0.90%

0.75%

January 31, 2021

Index Fund

Class A

Class C

Administrator Class

0.45%

1.20%

0.25%

September 30, 2020

Intermediate Tax/AMT-Free Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

0.70%

1.45%

0.40%

0.60%

0.45%

October 31, 2020

International Bond Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

1.03%

1.78%

0.65%

0.85%

0.70%

January 31, 2021

International Equity Fund

Class A

Class C

Class R

Class R6

Administrator Class

Institutional Class

1.14%

1.89%

1.39%

0.79%

1.14%

0.84%

February 28, 2021

International Government Bond Fund

0.00%

June 30, 2020

International Value Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

1.24%

1.99%

0.84%

1.14%

0.89%

September 30, 2020

Intrinsic Small Cap Value Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

1.35%

2.10%

0.90%

1.20%

1.00%

July 31, 2020

July 31, 2021

July 31, 2020

Intrinsic World Equity Fund

Class A

Class C

Administrator Class

Institutional Class

1.35%

2.10%

1.25%

0.95%

February 28, 2021

Large Cap Core Fund

Class A

Class C

Class R

Class R6

Administrator Class

Institutional Class

1.08%

1.83%

1.33%

0.65%

0.97%

0.67%

November 30, 2020

Large Cap Growth Fund

Class A

Class C

Class R

Class R4

Class R6

Administrator Class

Institutional Class

1.07%

1.82%

1.32%

0.80%

0.65%

0.95%

0.75%

November 30, 2020

Large Company Value Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

0.83%

1.58%

0.40%

0.75%

0.50%

November 30, 2020

Low Volatility U.S. Equity Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

0.73%

1.48%

0.30%

0.65%

0.40%

November 30, 2020

Minnesota Tax-Free Fund

Class A

Class C

Administrator Class

Institutional Class

0.85%

1.60%

0.60%

0.52%

October 31, 2020

Moderate Balanced Fund

Class A
Class C

Administrator Class

Institutional Class

1.15%

1.90%

0.90%

0.80%

September 30, 2020

Money Market Fund

Class A

Class C

Premier Class

Service Class

0.60%

1.35%

0.20%

0.50%

May 31, 2021

Municipal Bond Fund³

Class A

Class C

Class R6

Administrator Class

Institutional Class

0.75%

1.50%

0.43%

0.60%

0.48%

October 31, 2020

Municipal Cash Management Money Market Fund

Administrator Class

Institutional Class

Service Class

0.30%

0.20%

0.45%

May 31, 2021

Municipal Sustainability Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

0.75%

1.50%

0.40%

0.60%

0.45%

October 31, 2021

National Tax-Free Money Market Fund

Class A

Administrator Class

Premier Class

Service Class

0.60%

0.30%

0.20%

0.45%

May 31, 2021

Omega Growth Fund

Class A

Class C

Class R

Administrator Class

Institutional Class

1.30%

2.05%

1.55%

1.10%

0.85%

November 30, 2020

Opportunity Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

1.18%

1.93%

0.72%

1.00%

0.75%

January 31, 2021

January 31, 2022

January 31, 2021

Pennsylvania Tax-Free Fund

Class A

Class C

Institutional Class

0.74%

1.49%

0.49%

October 31, 2020

Precious Metals Fund

Class A

Class C

Administrator Class

Institutional Class

1.09%

1.84%

0.95%

0.79%

July 31, 2020

Premier Large Company Growth Fund

Class A

Class C

Class R4

Class R6

Administrator Class

Institutional Class

1.11%

1.86%

0.80%

0.65%

1.00%

0.70%

November 30, 2020

Real Return Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

0.78%

1.53%

0.40%

0.60%

0.45%

September 30, 2020

Short Duration Government Bond Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

0.78%

1.53%

0.37%

0.60%

0.42%

December 31, 2020

Short-Term Bond Fund⁴

Class A

Class C

Class R6

Institutional Class

0.72%

1.47%

0.40%

0.45%

December 31, 2020

Short-Term High Yield Bond Fund

Class A

Class C

Administrator Class

Institutional Class

0.81%

1.56%

0.65%

0.50%

December 31, 2020

Short-Term Municipal Bond Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

0.63%

1.38%

0.35%

0.60%

0.40%

October 31, 2020

Small Company Growth Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

1.29%

2.04%

0.86%

1.19%

0.94%

September 30, 2021

Small Company Value Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

1.15%

1.90%

0.75%

1.05%

0.85%

September 30, 2021

Specialized Technology Fund

Class A

Class C

Administrator Class

Institutional Class

1.35%

2.10%

1.28%

1.03%

July 31, 2021

July 31, 2020

Special International Small Cap Fund

Class R6

Institutional Class

0.95%

1.05%

June 30, 2020

Special Mid Cap Value Fund

Class A

Class C

Class R

Class R6

Administrator Class

Institutional Class

1.16%

1.91%

1.41%

0.73%

1.08%

0.83%

January 31, 2021

Special Small Cap Value Fund

Class A

Class C

Class R

Class R6

Administrator Class

Institutional Class

1.31%

2.06%

1.56%

0.89%

1.20%

0.94%

July 31, 2020

Strategic Income Fund⁵

Class A

Class C

Administrator Class

Institutional Class

0.90%

1.65%

0.75%

0.60%

January 31, 2021

Strategic Municipal Bond Fund

Class A

Class C

Class R6

Administrator Class

Institutional Class

0.81%

1.56%

0.43%

0.68%

0.48%

October 31, 2020

Target Today Fund

Class A

Class C

Class R

Class R4

Class R6

Administrator Class

0.60%

1.35%

0.85%

0.29%

0.14%

0.49%

June 30, 2021

Target 2010 Fund

Class A

Class C

Class R

Class R4

Class R6

Administrator Class

0.60%

1.35%

0.85%

0.29%

0.14%

0.49%

June 30, 2021

Target 2015 Fund

Class A

Class R

Class R4

Class R6

Administrator Class

0.60%

0.85%

0.29%

0.14%

0.49%

June 30, 2021

Target 2020 Fund

Class A

Class C

Class R

Class R4

Class R6

Administrator Class

0.60%

1.35%

0.85%

0.29%

0.14%

0.49%

June 30, 2021

Target 2025 Fund

Class A

Class R

Class R4

Class R6

Administrator Class

0.60%

0.85%

0.29%

0.14%

0.49%

June 30, 2021

Target 2030 Fund

Class A

Class C

Class R

Class R4

Class R6

Administrator Class

0.60%

1.35%

0.85%

0.29%

0.14%

0.49%

June 30, 2021

Target 2035 Fund

Class A

Class R

Class R4

Class R6

Administrator Class

0.60%

0.85%

0.29%

0.14%

0.49%

June 30, 2021

Target 2040 Fund

Class A

Class C

Class R

Class R4

Class R6

Administrator Class

0.60%

1.35%

0.85%

0.29%

0.14%

0.49%

June 30, 2021

Target 2045 Fund

Class A

Class R

Class R4

Class R6

Administrator Class

0.60%

0.85%

0.29%

0.14%

0.49%

June 30, 2021

Target 2050 Fund

Class A

Class C

Class R

Class R4

Class R6

Administrator Class

0.60%

1.35%

0.85%

0.29%

0.14%

0.49%

June 30, 2021

Target 2055 Fund

Class A

Class R

Class R4

Class R6

Administrator Class

0.60%

0.85%

0.29%

0.14%

0.49%

June 30, 2021

Target 2060 Fund

Class A

Class C

Class R

Class R4

Class R6

Administrator Class

0.60%

1.35%

0.85%

0.29%

0.14%

0.49%

June 30, 2021

Treasury Plus Money Market Fund

Class A

Administrator Class

Institutional Class

Select Class

Service Class

0.60%

0.34%

0.20%

0.14%

0.45%

May 31, 2021

Ultra Short-Term Income Fund

Class A

Class A2

Class C

Administrator Class

Institutional Class

0.50%

1.25%

0.50%

0.25%

December 31, 2021

Ultra Short-Term Municipal Income Fund

Class A

Class A2

Class C

Class R6

Administrator Class

Institutional Class

0.50%

1.25%

0.20%

0.50%

0.25%

October 31, 2021

U.S. Core Bond Fund

0.00%

June 30, 2020

Utility and Telecommunications Fund

Class A

Class C

Administrator Class

Institutional Class

1.05%

1.80%

0.92%

0.72%

July 31, 2020

WealthBuilder Conservative Allocation Fund

Class A

Class C

Institutional Class

0.75%

1.50%

0.42%

September 30, 2020

WealthBuilder Equity Fund

Class A

Class C

Institutional Class

0.75%

1.50%

0.42%

September 30, 2020

WealthBuilder Growth Allocation Fund

Class A

Class C

Institutional Class

0.75%

1.50%

0.42%

September 30, 2020

WealthBuilder Growth Balanced Fund

Class A

Class C

Institutional Class

0.75%

1.50%

0.42%

September 30, 2020

WealthBuilder Moderate Balanced Fund

Class A

Class C

Institutional Class

0.75%

1.50%

0.42%

September 30, 2020

Wisconsin Tax-Free Fund

Class A

Class C

Institutional Class

0.70%

1.45%

0.52%

October 31, 2020

100% Treasury Money Market Fund

Class A

Administrator Class

Institutional Class

Service Class

Sweep Class⁶

0.60%

0.30%

0.20%

0.50%

0.78%

May 31, 2021

Schedule A amended: June 1, 2020

1. On May 28, 2020 the Board of Trustees of Wells Fargo Funds Trust were notified of the reduction to the net operating expense ratio (NOER) for the Conservative Income Fund Institutional Class. Effective January 1, 2021, the NOER will be 0.25%.

2. On May 28, 2020 the Board of Trustees of Wells Fargo Funds Trust approved the addition of the Sweep Class to the Government Money Market Fund, effective on or about August 3, 2020.

3. On May 28, 2020 the Board of Trustees of Wells Fargo Funds Trust were notified of the reduction to the net operating expense ratios (NOER) for the Municipal Bond Fund Class R6 and Institutional Class. Effective November 1, 2020, the NOER will be: Class R6 0.40%; Institutional Class 0.45%.

4. On May 28, 2020 the Board of Trustees of Wells Fargo Funds Trust approved a name change to the Short-Term Bond Fund to the Short-Term Bond Plus Fund, effective on or about August 3, 2020.

5. On May 28, 2020 the Board of Trustees of Wells Fargo Funds Trust approved a name change to the Strategic Income Fund to the Income Plus Fund, effective on or about August 3, 2020.

6. On May 28, 2020 the Board of Trustees of Wells Fargo Funds Trust approved the termination and removal of the Sweep Class to the 100% Treasury Money Market Fund. The termination will occur following the redemption in full of all the assets to the Government Money Market Fund Sweep Class.

The foregoing schedule of capped operating expense ratios is agreed to as of June 1, 2020 and shall remain in effect until changed in writing by the parties.

WELLS FARGO FUNDS TRUST

By:

Catherine Kennedy

Secretary

WELLS FARGO FUNDS MANAGEMENT, LLC

By:
Paul Haast

Senior Vice President