Exhibit (e)(2)(xvi)
Schedules A and B to
Amended and Restated Distribution Contract
Amended as of February 17, 2026
Schedule A
ASHMORE FUNDS
Separate Series
Fund Name
Ashmore Emerging Markets Corporate Income Fund
Ashmore Emerging Markets Local Currency Bond Fund
Ashmore Emerging Markets Short Duration Fund
Ashmore Emerging Markets Total Return Fund
Ashmore Emerging Markets Equity Fund
Ashmore Emerging Markets Equity SMA Completion Fund (Series I)1
Ashmore Emerging Markets Frontier Equity Fund
Ashmore Emerging Markets Active Equity Fund
Ashmore Emerging Markets Equity ESG Fund
Ashmore Emerging Markets Debt Fund
Ashmore Emerging Markets Equity ex China Fund
Dated as of: February 17, 2026
Schedule B
ASHMORE FUNDS
Share Classes
All Funds (except Ashmore Emerging Markets Equity SMA Completion Fund)
Institutional Class
Class A
Class C
Dated as of: February 17, 2026
[signature page follows]
| 1 | Formerly Ashmore Emerging Markets Small-Cap Equity Fund |
[Schedules A and B to Distribution Contract]
IN WITNESS WHEREOF, ASHMORE FUNDS and ASHMORE INVESTMENT MANAGEMENT (US) CORPORATION have each caused these amended Schedules A and B to the Distribution Contract to be signed in its behalf by its duly authorized representative, as of the date hereof.
| ASHMORE FUNDS | ||
| By: |
| |
| Name: | Matthew Butryman | |
| Title: | Authorized Signatory | |
| ASHMORE INVESTMENT MANAGEMENT (US) CORPORATION | ||
| By: |
| |
| Name: | George Grunebaum | |
| Title: | Chief Executive Officer | |
Date: February 17, 2026