FIFTH AMENDMENT TO DISTRIBUTION AGREEMENT

This Fifth Amendment (“Amendment”) dated June 1, 2025 is made to the Distribution Agreement dated June 1, 2016, as amended (the “Agreement”) by and between Russell Investment Company, a Massachusetts business trust (“Investment Company”), and Russell Investments Financial Services, LLC, a Washington limited liability company (“Distributor”). Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Agreement.

WHEREAS, the Investment Company and the Distributor desire to restate Exhibit A to the Agreement to reflect name changes for certain Funds, the removal of certain Funds that are not operational and the removal of Class R4 following its redesignation to Class R1.

NOW THEREFORE, in consideration of the foregoing and the mutual covenants and agreements hereinafter contained, the parties hereby agree to amend the Agreement, pursuant to the terms thereof, as follows:

 

  1.

Exhibit A to the Agreement is hereby amended and restated in its entirety as set forth on Exhibit A attached hereto.

 

  2.

Except as expressly amended by this Amendment, the provisions of the Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, each of the parties hereto has caused this Fifth Amendment to the Distribution Agreement to be executed in its name and behalf by its duly authorized representative as of the date first written above.

 

RUSSELL INVESTMENT COMPANY     RUSSELL INVESTMENTS FINANCIAL SERVICES, LLC
By:   /s/ Vernon Barback     By:   /s/ Brad Jung
Name:   Vernon Barback     Name:   Brad Jung
Title:   President and Chief Executive Officer     Title:   Chairman and President


EXHIBIT A

RUSSELL INVESTMENT COMPANY (“RIC”)

 

Fund

  

Classes

Multifactor U.S. Equity Fund    A, C, M, R6, S, Y
Equity Income Fund    A, C, M, R6, S, Y
Sustainable Aware Equity Fund    A, C, M, R6, S, Y
U.S. Strategic Equity Fund    A, C, M, R6, S, Y
U.S. Small Cap Equity Fund    A, C, M, R6, S, Y
Multifactor International Equity Fund    A, C, M, R6, S, Y
International Developed Markets Fund    A, C, M, R6, S, Y
Global Equity Fund    A, C, M, R6, S, Y
Emerging Markets Fund    A, C, M, R6, S, Y
Tax-Managed U.S. Large Cap Fund    A, C, M, S
Tax-Managed U.S. Mid & Small Cap Fund    A, C, M, S
Tax-Managed International Equity Fund    A, C, M, S
Tax-Managed Real Assets Fund    A, C, M, S
Opportunistic Credit Fund    A, C, M, R6, S, Y
Long Duration Bond Fund    A, C, M, R6, S, Y
Strategic Bond Fund    A, C, M, R6, S, Y
Investment Grade Bond Fund    A, C, M, R6, S, Y
Short Duration Bond Fund    A, C, M, R6, S, Y
Tax-Exempt High Yield Bond Fund    A, C, M, S
Tax-Exempt Bond Fund    A, C, M, S
Global Infrastructure Fund    A, C, M, R6, S, Y
Global Real Estate Securities Fund    A, C, M, R6, S, Y
Multi-Strategy Income Fund    A, C, M, R6, S, Y
Multi-Asset Strategy Fund    A, C, M, R6, S, Y
Conservative Strategy Fund    A, C, M, R1, R5, S
Balanced Strategy Fund    A, C, M, R1, R5, S
Moderate Strategy Fund    A, C, M, R1, R5, S
Aggressive Strategy Fund    A, C, M, R1, R5, S
Equity Aggressive Strategy Fund    A, C, M, R1, R5, S