Fee Waiver by Dimensional.  Dimensional agrees to waive all or a portion of its management fee for the Portfolio to the extent necessary to reduce the ordinary operating expenses (excluding expenses incurred through investment in other investment companies) (“Portfolio Expenses”) of the Institutional Class shares of the Portfolio so that the Portfolio Expenses, on an annualized basis, do not exceed 0.08% of the average net assets of the Institutional Class shares of the Portfolio (“Annualized Expense Ratio”).

Duty to Reimburse Dimensional.  If, at any time, the annualized expenses of the Institutional Class shares of the Portfolio are less than the Annualized Expense Ratio of the Institutional Class shares of the Portfolio, the Fund, on behalf of the Portfolio, shall reimburse Dimensional for any fees previously waived and/or expenses previously assumed to the extent that the amount of such reimbursement does not cause the annualized Portfolio Expenses for the Institutional Class shares of the Portfolio to exceed the Annualized Expense Ratio.  There shall be no obligation of the Fund, on behalf of the Portfolio, to reimburse Dimensional for waived fees or expenses that were assumed by Dimensional more than thirty-six months prior to the date of any such reimbursement.

Assignment.  No assignment of this Agreement shall be made by Dimensional without the prior consent of the Fund.

Duration and Termination.  This Agreement shall begin on February 28, 2026, and shall continue in effect until February 28, 2027 for the Portfolio’s Institutional Class shares and shall continue in effect from year to year thereafter, unless and until the Fund or Dimensional notifies the other party to the Agreement, at least thirty days prior to the end of the one-year period for the Portfolio’s Institutional Class shares, of its intention to terminate the Agreement for the class.  This Agreement shall automatically terminate upon the termination of the Investment