Certain identified information has been excluded from the exhibit because it is both not material and the type that the Registrant treats as private or confidential.

FORM OF AMENDMENT TO THE

ADVISOR MANAGED PORTFOLIOS

CUSTODY AGREEMENT

THIS AMENDMENT effective as of the last date on the signature block, to the Custody Agreement dated as of September 14, 2023, as amended (the “Agreement”), is entered into by and between ADVISOR MANAGED PORTFOLIOS, a Delaware statutory trust (the “Trust”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America with its principal place of business at Minneapolis, Minnesota (the “Custodian”).

RECITALS

WHEREAS, the parties have entered into the Agreement; and

WHEREAS, the parties desire to amend the Agreement to add a fund and fee schedule to the Agreement; and

WHEREAS, Section 13(F) of the Agreement allows for its amendment by a written instrument executed by both parties and authorized or approved by the Board of Trustees.

NOW, THEREFORE, the parties agree as follows:

1.The Exhibit for 1919 Investment Counsel, LLC attached hereto, is hereby added to the Agreement.

Except to the extent amended hereby, the Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year last written below.

ADVISOR MANAGED PORTFOLIOS    U.S. BANK NATIONAL ASSOCIATION

By:        By:    

Name:        Name:    

Title:        Title:    

Date:        Date:    

Exhibit for 1919 Investment Counsel, LLC

to the

Advisor Managed Portfolios Custody Agreement

Name of Series

1919 Financial Services Fund

1919 Maryland Tax-Free Income Fund

1919 Socially Responsive Balanced Fund

1919 Variable Socially Responsive Balanced Fund

Domestic Custody Services Fee Schedule

Annual Fee Based Upon Market Value Per Fund*

[ ] basis point on average daily market value

Plus portfolio transaction fees

Portfolio Transaction Fees

$[ ]– Book entry DTC transaction/Federal Reserve transaction/principal paydown

$[ ]– Repo agreement/reverse repurchase agreement/time deposit/CD or other non-

depository transaction

$[ ]– Option/SWAPS/future contract written, exercised or expired, manual transactions

$[ ]– Mutual fund trade/Fed wire/margin variation Fed wire

$[ ]– Physical transaction

$[ ]– Trade Revisions/ Cancellation

$[ ]– Check disbursement (waived if U.S. Bancorp is Administrator)

$[ ]– Segregated account per year

A transaction is a purchase/sale of a security, free receipt/free delivery, maturity, tender or exchange.

No charge for the initial conversion free receipt.

Overdrafts – charged to the account at prime interest rate plus [ ].

Out-Of-Pocket Expenses

Including but not limited to expenses incurred in the safekeeping, delivery and receipt of securities, shipping, transfer fees, deposit withdrawals at custodian (DWAC) fees, and extraordinary expenses based upon complexity.

*Subject to annual CPI increase, Milwaukee MSA.

Fees are calculated pro rata and billed monthly.

Global Sub-Custodial Services Annual Fee Schedule

Base Fee – Annual charge per account (fund): $[ ]

Euroclear – Eurobonds only. Eurobonds are held in Euroclear at a standard rate, but other types of securities (including but not limited to equities, domestic market debt and mutual funds) will be subject to a surcharge. In addition, certain transactions that are delivered within Euroclear or from a Euroclear account to a third party depository or settlement system, will be subject to a surcharge.

For all other markets specified above, surcharges may apply if a security is held outside of the local market.

Cash Transactions:

3rd Party Foreign Exchange – a Foreign Exchange transaction undertaken through a 3rd party will be charged $[ ].

Tax Reclamation Services: Tax reclaims that have been outstanding for more than [ ] ([ ]) months with the client will be charged $[ ]per claim.

Out of Pocket Expenses

Charges incurred by U.S. Bank, N.A. for local taxes, stamp duties or other local duties and assessments, stock exchange fees, postage and insurance for shipping, facsimile reporting, extraordinary telecommunications fees, proxy services and other shareholder communications or other expenses which are unique to a country in which the client or its clients is investing will be passed along as incurred.

A surcharge may be added to certain out-of-pocket expenses listed herein to cover handling, servicing and other administrative costs associated with the activities giving rise to such expenses. Also, certain expenses are charged at a predetermined flat rate.

SWIFT reporting and message fees.