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Form 497 PROFESSIONALLY MANAGED

September 22, 2021 12:07 PM EDT

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Congress Mid Cap Growth Fund
Retail: CMIDX
Institutional: IMIDX
Congress Large Cap Growth Fund
Retail: CAMLX
Institutional: CMLIX
Congress Small Cap Growth Fund
Retail: CSMVX
Institutional: CSMCX

(each a “Fund” and collectively, the “Funds”)
each a series of Professionally Managed Portfolios (the “Trust”)


Supplement dated September 22, 2021 to the
Statement of Additional Information (“SAI”) dated February 28, 2021


Effective August 31, 2021, Ms. Elaine E. Richards resigned from her role as President & Principal Executive Officer of the Trust. All references in the SAI to Ms. Richards should be disregarded. At a meeting held on August 17-18, 2021, the Board of Trustees of the Trust elected Jason F. Hadler as the new President & Principal Executive Officer of the Trust, effective September 1, 2021.

Accordingly, the Officers of the Trust table in the section entitled “Trustees and Executive Officers” on page 14 of the Funds' SAI is hereby deleted and replaced with the following:


Name, Address
And Age
Position with
the Trust(1)
Term of Office(2) and Length of Time Served
Principal Occupation During Past Five Years
Number of Portfolios
in Fund Complex(3)
Overseen by Trustees
Other Directorships Held During the Past 5 Years
Officers of the Trust
Jason F. Hadler
(born 1975)
c/o U.S. Bank Global Fund Services
615 East Michigan St.
Milwaukee, WI 53202		President & Principal Executive OfficerIndefinite Term; Since September 2021.Senior Vice President and Head of Fund Services Fund Administration Department, U.S. Bank Global Fund Services since December 2003.Not Applicable.Not
Applicable.


Carl G. Gee, J.D.
(born 1990)
c/o U.S. Bank Global Fund Services
615 East Michigan St. Milwaukee, WI 53202		Secretary & Vice PresidentIndefinite Term;
Since February 2021.		Assistant Vice President, U.S. Bank Global Fund Services since August 2016; Summer Associate, Husch Blackwell LLP (2015); Law Clerk, Brady Corporation (global printing systems, labels and safety products company) (2014-2015).Not Applicable.Not Applicable.
Aaron J. Perkovich
(born 1973)
c/o U.S. Bank Global Fund Services
615 East Michigan St. Milwaukee, WI 53202		Vice President

Treasurer		Indefinite Term;
Since March 2017.

Indefinite Term;
Since August 2016.		Vice President, U.S. Bank Global Fund Services since June 2006.Not Applicable.Not Applicable.
Melissa Breitzman
(born 1983)
c/o U.S. Bank Global Fund Services
615 East Michigan St. Milwaukee, WI 53202		Assistant TreasurerIndefinite Term;
Since August 2016.		Assistant Vice President, U.S. Bank Global Fund Services LLC since June 2005.Not Applicable.Not Applicable.
Craig Benton
(born 1985)
c/o U.S. Bank Global Fund Services
615 East Michigan St. Milwaukee, WI 53202		Assistant TreasurerIndefinite Term;
Since August 2016.		Assistant Vice President, U.S. Bank Global Fund Services since November 2007.Not Applicable.Not Applicable.
Cory Akers
(born 1978)
c/o U.S. Bank Global Fund Services
615 East Michigan St. Milwaukee, WI 53202		Assistant TreasurerIndefinite Term;
Since August 2017.		Assistant Vice President, U.S. Bank Global Fund Services since October 2006.Not Applicable.Not Applicable.


Donna Barrette
(born 1966)
c/o U.S. Bank Global Fund Services
615 East Michigan St. Milwaukee, WI 53202		Vice President

Chief Compliance Officer

Anti-Money Laundering Officer		Indefinite Term;
Since July 2011.		Senior Vice President and Compliance Officer, U.S. Bank Global Fund Services since August 2004.Not
Applicable.		Not
Applicable.
(1.All Trustees of the Trust who are not “interested persons” of the Trust as defined under the 1940 Act (“Independent Trustees”).
(2.Under the terms of the Board’s retirement policy, a Trustee shall retire at the end of the calendar year in which he or she reaches the age of 78 (or, in the case of a Trustee who was over the age of 78 at the time the retirement policy was adopted in 2019, December 31, 2021).
(3.The Trust is comprised of numerous series managed by unaffiliated investment advisers. The term “Fund Complex” applies only to the Fund. The Fund does not hold itself out as related to any other series within the Trust for investment purposes.

* * * * *
Please retain this supplement for your reference.


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