PRINCIPAL FINANCIAL GROUP INC — fact timeline

PRINCIPAL FINANCIAL GROUP INC entered into Supplemental Indenture with The Bank of New York Mellon Trust Company, N.A. valued at $400,000,000 (effective 2026-06-01).

“On June 1, 2026, Principal Financial Group, Inc. (the “Company”) issued $400,000,000 aggregate principal amount of its 5.300% Senior Notes due 2037 (the “Notes”). The Notes were issued pursuant to the Senior Indenture, dated as of May 21, 2009 (the “Senior Indenture”), among the Company, as issuer, Principal Financial Services, Inc. (“PFSI”), as guarantor, and The Bank of New York Mellon Trust Company, N.A., as trustee, as supplemented by the Eighteenth Supplemental Indenture, dated as of June 1, 2026 (the “Supplemental Indenture”).”

PRINCIPAL FINANCIAL GROUP INC shareholders approved Approval of the Principal Financial Group, Inc. 2026 Stock Incentive Plan at the 2026-05-19 meeting.

“(4) Approval of the Principal Financial Group, Inc. 2026 Stock Incentive Plan 145,770,467 3,118,949 399,148 13,652,890”

PRINCIPAL FINANCIAL GROUP INC shareholders approved Ratification of Appointment of Independent Registered Public Accountants at the 2026-05-19 meeting.

“(3) Ratification of Appointment of Independent Registered Public Accountants 152,476,036 10,211,189 254,229 0”

PRINCIPAL FINANCIAL GROUP INC shareholders approved Advisory Vote to Approve Executive Compensation at the 2026-05-19 meeting.

“(2) Advisory Vote to Approve Executive Compensation”

PRINCIPAL FINANCIAL GROUP INC shareholders approved Election of Class I director nominees at the 2026-05-19 meeting.

“Election of Class I director nominees. The shareholders elected as Class I directors, each to serve for a three-year term that expires at the annual shareholders meeting to be held in 2029, with Ms. Beams standing for reelection with the Class II directors at the 2027 Annual Meeting of Shareholders to maintain as nearly as equal as possible distribution of directors across classes, as described in the Company's 2026 Proxy Statement. VOTES FOR VOTES AGAINST ABSTAINED BROKER NON-VOTES Jonathan S. Auerbach 147,522,363 1,320,440 445,762 13,652,890 Mary E. “Maliz” Beams 147,350,149 1,520,839 417,577 13,652,890 Jocelyn Carter-Miller 131,550,124 17,197,659 540,782 13,652,890 Scott M. Mills 145,397,523 3,381,841 509,200 13,652,890 Claudio N. Muruzabal 145,874,024 2,893,833 520,707 13,652,890”

PRINCIPAL FINANCIAL GROUP INC reported the quarter ended March 31, 2026 results: net income $425, EPS $1.93.

“results for first quarter 2026. Diluted earnings per common share 1Q26 Earnings (in millions) 1Q26 Net income attributable to PFG $1.93 Net income attributable to PFG $425 Non-GAAP net income attributable to PFG, excluding exited business 1 $1.45 Non-GAAP net income attributable to PFG, excluding exited business 1 $321 Non-GAAP operating earnings”

PRINCIPAL FINANCIAL GROUP INC incurred senior notes of $400,000,000 aggregate principal amount with High Street Funding Trust I at 4.111% maturing due 2028.

“the Company issued $400,000,000 aggregate principal amount of its 2028 Notes to the Trust in exchange for the Eligible Assets”

PRINCIPAL FINANCIAL GROUP INC incurred senior notes of up to $500,000,000 with High Street Funding Trust III at 5.807% maturing February 15, 2055.

“On the Closing Date, the Company and PFSI entered into a facility agreement (the “Facility Agreement”) with the Trust and The Bank of New York Mellon Trust Company, N.A., as notes trustee. The Facility Agreement provides that the Company has the right to require the Trust to purchase, on one or more occasions, from the Company (the “Issuance Right”) senior notes in an aggregate principal amount at any one time outstanding and held by the Trust of up to $500,000,000 aggregate principal amount of the Company’s 5.807% Senior Notes due 2055 (the “Senior Notes”).”

Dwight Soethout departed as Vice President-Chief Actuary at PRINCIPAL FINANCIAL GROUP INC.

“Dwight Soethout, Vice President-Chief Actuary, is the spouse of Ms. Strable and has been an employee of the Company since 1993. Mr. Soethout has indicated his intention to retire from the Company.”

Daniel J. Houston changed role as Executive Chairman at PRINCIPAL FINANCIAL GROUP INC.

“Mr. Houston will continue to serve as Executive Chairman following his retirement from the role of Chief Executive Officer.”

Joel Pitz was appointed as interim Chief Financial Officer at PRINCIPAL FINANCIAL GROUP INC.

“the Board appointed Joel Pitz as interim Chief Financial Officer (and he will also be serving as interim principal financial and accounting officer).”

Deanna Strable was appointed as President and Chief Operating Officer at PRINCIPAL FINANCIAL GROUP INC.

“On August 20, 2024, the Board of Directors (the “ Board ”) of Principal Financial Group, Inc. (the “ Company ”) appointed Deanna Strable as President and Chief Operating Officer.”

PRINCIPAL FINANCIAL GROUP INC reported first quarter 2024 results: net income $533 million, or $2.22 per diluted share. Guidance raised.

“Net income attributable to Principal Financial Group (PFG) of $533 million, or $2.22 per diluted share”

PRINCIPAL FINANCIAL GROUP INC reported full year and fourth quarter 2023 results: net income Full year 2023 net income attributable to Principal Financial Group ® , Inc. (PFG) 1 of $623 million, or $2.55 per dilut, EPS Full year 2023 net income attributable to Principal Financial Group ® , Inc. (PFG) 1 of $623 million, or $2.55 per dilut. Guidance reaffirmed.

“On February 12, 2024, Principal Financial Group, Inc. publicly announced information regarding its results of operations and financial condition for the quarter and year ended December 31, 2023.”

Kamal Bhatia was appointed as President and Chief Executive Officer of Principal Asset Management at PRINCIPAL FINANCIAL GROUP INC.

“Kamal Bhatia, who currently serves as Senior Executive Managing Director and Global Head of Investments of Principal Asset Management, President of Principal Funds and Chairman of Principal Funds Board, will become President and Chief Executive Officer of Principal Asset Management, effective February 10, 2024.”

Patrick G. Halter retired as President and Chief Executive Officer of Principal Asset Management at PRINCIPAL FINANCIAL GROUP INC.

“On January 11, 2024, Principal Financial Group, Inc. (the “Company”) announced the retirement of Patrick G. Halter, President and Chief Executive Officer of Principal Asset Management, effective April 2, 2024.”

PRINCIPAL FINANCIAL GROUP INC reported third quarter 2023 results: net income $1,246 million, or $5.10 per diluted share, EPS $5.10 per diluted share. Guidance raised.

“Net income attributable to Principal Financial Group®, Inc. (PFG) 1 of $1,246 million, or $5.10 per diluted share, includes $702 million of income from exited business”

PRINCIPAL FINANCIAL GROUP INC shareholders approved Advisory vote regarding the frequency of future advisory votes for say-on-pay.

“At the 2023 Annual Meeting, the Company’s shareholders voted on, among other matters, an advisory vote regarding the frequency of future advisory votes for say-on-pay. Approximately 97% of the shares voting on the matter voted in favor of an annual frequency for say-on-pay votes.”

PRINCIPAL FINANCIAL GROUP INC reported second quarter 2023 results: net income $389 million, EPS $1.58 per diluted share.

“Second quarter 2023 net income attributable to Principal Financial Group®, Inc. (PFG) 1 of $389 million, or $1.58 per diluted share, includes $64 million of income from exited business.”

PRINCIPAL FINANCIAL GROUP INC shareholders approved Ratification of Appointment of Independent Registered Public Accountants at the 2023-05-16 meeting.

“(4) Ratification of Appointment of Independent Registered Public Accountants 174,351,224 5,986,733 265,469 ---”

PRINCIPAL FINANCIAL GROUP INC shareholders approved Advisory Vote on the Frequency of Advisory Votes to Approve Executive Compensation of Named Executive Officers at the 2023-05-16 meeting.

“(3) Advisory Vote on the Frequency of Advisory Votes to Approve Executive Compensation of Named Executive Officers: One Year: 161,342,936 14,271,728 Two Years: 265,023 14,271,728 Three Years: 4,407,945 14,271,728 Abstain: 315,794 14,271,728”

PRINCIPAL FINANCIAL GROUP INC shareholders approved Advisory Vote to Approve Executive Compensation at the 2023-05-16 meeting.

“(2) Advisory Vote to Approve Executive Compensation 161,362,332 4,534,074 435,292 14,271,728”

PRINCIPAL FINANCIAL GROUP INC shareholders approved Election of five Class I directors and one Class III director at the 2023-05-16 meeting.

“The voting results were as follows: (1) Election of Directors VOTES FOR VOTES AGAINST ABSTAINED BROKER NON-VOTES Jonathan S. Auerbach 164,610,342 1,472,555 248,801 14,271,728 Mary E. “Maliz” Beams 164,406,228 1,575,034 350,436 14,271,728 Jocelyn Carter-Miller 148,648,348 17,446,080 237,270 14,271,728 Scott M. Mills 162,880,542 3,186,491 264,665 14,271,728 Claudio N. Muruzabal 163,391,508 2,583,242 356,948 14,271,728 H. Elizabeth Mitchell 164,377,702 1,600,297 353,699 14,271,728”

Michael T. Dan retired as Director at PRINCIPAL FINANCIAL GROUP INC.

“Michael T. Dan retired from service as a director on the Board of Directors of Principal Financial Group, Inc. (the “Company”) at the conclusion of the Company’s annual meeting of shareholders held on May 16, 2023”

PRINCIPAL FINANCIAL GROUP INC reported first quarter 2023 results: net income first quarter 2023 net loss attributable to Principal Financial Group®, Inc. (PFG) of $140 million, or $0.58 per diluted.

“On April 27, 2023, Principal Financial Group, Inc. publicly announced information regarding its results of operations and financial condition for the quarter ended March 31, 2023. The text of the announcement is included herewith as Exhibit 99.”

PRINCIPAL FINANCIAL GROUP INC incurred senior notes of $400,000,000 aggregate principal amount with The Bank of New York Mellon Trust Company, N.A. at 5.375% maturing 2033.

“On March 8, 2023, Principal Financial Group, Inc. (the “Company”) issued $400,000,000 aggregate principal amount of its 5.375% Senior Notes due 2033”

PRINCIPAL FINANCIAL GROUP INC entered into Guarantees with Principal Financial Services, Inc. (effective 2023-03-08).

“The Notes are fully and unconditionally guaranteed by PFSI pursuant to separate guarantees, each dated as of March 8, 2023 (together, the “Guarantees”).”

PRINCIPAL FINANCIAL GROUP INC entered into Sixteenth Supplemental Indenture with The Bank of New York Mellon Trust Company, N.A. valued at $300,000,000 aggregate principal amount of its 5.500% Senior Notes due 2053 (effective 2023-03-08).

“On March 8, 2023, Principal Financial Group, Inc. (the “Company”) issued $400,000,000 aggregate principal amount of its 5.375% Senior Notes due 2033 (the “2033 Notes”) and $300,000,000 aggregate principal amount of its 5.500% Senior Notes due 2053 (the “2053 Notes” and, together with the 2033 Notes, the “Notes”). The Notes were issued pursuant to the Senior Indenture, dated as of May 21, 2009 (the “Senior Indenture”), among the Company, as issuer, Principal Financial Services, Inc. (“PFSI”), as guarantor, and The Bank of New York Mellon Trust Company, N.A., as trustee, as supplemented by the Fifteenth Supplemental Indenture, dated as of March 8, 2023, with respect to the 2033 Notes (the “Fifteenth Supplemental Indenture”) and by the Sixteenth Supplemental Indenture, dated as of March 8, 2023, with respect to the 2053 Notes (the “Sixteenth Supplemental Indenture”).”

PRINCIPAL FINANCIAL GROUP INC entered into Fifteenth Supplemental Indenture with The Bank of New York Mellon Trust Company, N.A. valued at $400,000,000 aggregate principal amount of its 5.375% Senior Notes due 2033 (effective 2023-03-08).

“On March 8, 2023, Principal Financial Group, Inc. (the “Company”) issued $400,000,000 aggregate principal amount of its 5.375% Senior Notes due 2033 (the “2033 Notes”) and $300,000,000 aggregate principal amount of its 5.500% Senior Notes due 2053 (the “2053 Notes” and, together with the 2033 Notes, the “Notes”). The Notes were issued pursuant to the Senior Indenture, dated as of May 21, 2009 (the “Senior Indenture”), among the Company, as issuer, Principal Financial Services, Inc. (“PFSI”), as guarantor, and The Bank of New York Mellon Trust Company, N.A., as trustee, as supplemented by the Fifteenth Supplemental Indenture, dated as of March 8, 2023, with respect to the 2033 Notes (the “Fifteenth Supplemental Indenture”) and by the Sixteenth Supplemental Indenture, dated as of March 8, 2023, with respect to the 2053 Notes (the “Sixteenth Supplemental Indenture”).”

PRINCIPAL FINANCIAL GROUP INC reported Fourth quarter 2022 results: net income $10 million, EPS $0.04 per diluted share.

“Fourth quarter 2022 net loss attributable to Principal Financial Group ® , Inc. (PFG) of $10 million, or $0.04 per diluted share, includes $514 million of loss from exited business.”

PRINCIPAL FINANCIAL GROUP INC reported Full year 2022 results: net income $4.8 billion, EPS $18.85 per diluted share.

“Full year 2022 net income attributable to PFG of $4.8 billion, or $18.85 per diluted share, includes $3.3 billion of income from exited business.”

PRINCIPAL FINANCIAL GROUP INC reported third quarter 2022 results: net income $1,385.5 million, EPS $5.50 per diluted share.

“Principal Financial Group ® Announces Third Quarter 2022 Results”

H. Elizabeth Mitchell was elected as Director at PRINCIPAL FINANCIAL GROUP INC.

“On May 16, 2022, the Board of Directors of Principal Financial Group, Inc. (the “Company”) elected H. Elizabeth Mitchell as a new director of the Company and of Principal Life Insurance Company, effective May 18,2022.”