Exhibit (d)(3)

AMENDED AND RESTATED APPENDIX A

TO THE INVESTMENT ADVISORY AND ANCILLARY SERVICES AGREEMENT

BETWEEN FLEXSHARES^® TRUST AND NORTHERN TRUST INVESTMENTS, INC.,

DATED AUGUST 23, 2011

Intending to be legally bound, the undersigned hereby amend and restate Appendix A to the aforesaid Agreement to include the following investment portfolios as of August 20, 2021:

Name of Fund	Investment Advisory Fee
	(expressed as a percentage of each Fund’s average daily net assets)
FlexShares® Morningstar US Market Factor Tilt Index Fund		0.25	%
FlexShares® Morningstar Developed Markets ex-US Factor Tilt Index Fund		0.39	%
FlexShares® Morningstar Emerging Markets Factor Tilt Index Fund		0.59	%
FlexShares® Quality Dividend Index Fund		0.37	%
FlexShares® Quality Dividend Defensive Index Fund		0.37	%
FlexShares® Quality Dividend Dynamic Index Fund		0.37	%
FlexShares® International Quality Dividend Index Fund		0.47	%
FlexShares® International Quality Dividend Defensive Index Fund		0.47	%
FlexShares® International Quality Dividend Dynamic Index Fund		0.47	%
FlexShares® Morningstar Global Upstream Natural Resources Index Fund		0.46	%
FlexShares® STOXX® Global Broad Infrastructure Index Fund		0.47	%
FlexShares® Global Quality Real Estate Index Fund		0.45	%
FlexShares® iBoxx 3-Year Target Duration TIPS Index Fund		0.18	%
FlexShares® iBoxx 5-Year Target Duration TIPS Index Fund		0.18	%

FlexShares® Disciplined Duration MBS Index Fund	0.20	%
FlexShares® Credit-Scored US Corporate Bond Index Fund	0.22	%
FlexShares® Credit-Scored US Long Corporate Bond Index Fund	0.22	%
FlexShares® US Quality Large Cap Index Fund	0.32	%
FlexShares® Real Assets Allocation Index Fund	0.57	%
FlexShares® STOXX® US ESG Select Index Fund	0.32	%
FlexShares® STOXX® Global ESG Select Index Fund	0.42	%
FlexShares® Ready Access Variable Income Fund	0.25	%
FlexShares® Core Select Bond Fund	0.35	%
FlexShares® High Yield Value-Scored Bond Index Fund	0.37	%
FlexShares® US Quality Low Volatility Index Fund	0.22	%
FlexShares® Developed Markets ex-US Quality Low Volatility Index Fund	0.32	%
FlexShares® Emerging Markets Quality Low Volatility Index Fund	0.40	%
FlexShares® ESG & Climate US Large Cap Core Index Fund	0.09	%
FlexShares® ESG & Climate Developed Markets ex-US Core Index Fund	0.12	%
FlexShares® ESG & Climate Emerging Markets Core Index Fund	0.18	%
FlexShares® ESG & Climate High Yield Corporate Core Index Fund	0.23	%
FlexShares® ESG & Climate Investment Grade Corporate Core Index Fund	0.12	%

All signatures need not appear on the same copy of this Amended and Restated Appendix A.

FLEXSHARES® TRUST
By:	/s/ Peter K. Ewing
Title:	President

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NORTHERN TRUST INVESTMENTS, INC.
By:	/s/ Peter K. Ewing
Title:	Senior Vice President

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