CTR057205_Cambridge_Amendment_No._1.pdf

CONTRACT AMENDMENT

Contract No.: CTR057205 Description: Investment Consulting Services: Private Equity

Contract Amendment No. One (1)

Contractor: Cambridge Associates LLC

In accordance with the Uniform Terms and Conditions, Section 5.1 (Amendments) and the Special Terms and Conditions 3.5 (Contract Extensions), the above referenced Contract is hereby amended as follows:

1) The Contract is renewed for the period September 8, 2022 to September 7, 2023.

2) Effective September 7, 2022, the Staff Extension Services as outlined in the Scope of Work and Section 3 of the Attachment C: Pricing Schedule, and associated fees, are terminated. Contractor will work with ASRS to close out any open projects.

3) Effective October 1, 2022, Contractor will provide Base Research Services as follows:

a. Access to CA’s proprietary databases on capital markets, quantitative data on investment managers and partnerships, comparative peer performance and quarterly and annual surveys of investment and financial data.

b. A variety of research reports and working papers on investment and financial issues.

c. On a per calendar year basis and with no carry-over, up to twelve (12) hours of communications (e.g., via telephone and/or email) support from the CA Institute team within CA solely with respect to the Client’s use of the products and materials provided hereunder.

d. Optica Products: The Optica License Agreement Terms and Conditions are attached as Exhibit A. Subject to those terms and conditions, CA will provide the Client with access to the Optica Products listed in Exhibit A.

4) Effective October 1, 2022, the fee for Base Research Services is as follows:

As payment for Base Research Services, Contractor will receive an annual fee of $55,000 for the twelve months beginning on the Effective Date. The Annual Fee will be payable in full at the beginning of each annual period. The Annual Fee for each subsequent annual period will be priced according to CA’s then-current fee schedule, and CA will send the Client an annual renewal confirmation letter setting forth the amount of such Annual Fee for the applicable annual period.

All other requirements, terms, and conditions remain unchanged.

Contractor hereby acknowledges receipt of the above referenced Contract Amendment. A signed copy must be filed with the ASRS procurement office.

This Contract Amendment is hereby executed this date by the Arizona State Retirement System.

Signature Signature

Athena Elliston Name Name

Chief Procurement Officer Title Date Title Date

11/17/2022

Chandler Tyson

Authorized Signatory November 17, 2022

C