Principal Financial Group (PFG) Investor presentation summary

Company overview and market position

• Leading global financial services provider with 82 million customers and $1.8 trillion in client assets, including $770 billion in AUM.

• Focuses on retirement, insurance, and asset management, especially for small and midsized businesses in the U.S. and select international markets.

• Employs over 19,000 people across 27 countries and is a Fortune 500 company.

• Recognized for ethical leadership and strong shareholder value.

• Holds top market positions in U.S. retirement, benefits, and asset management, including #1 in defined benefit and employee stock ownership plans.

Strategic priorities and business model

• Strategic focus on retirement ecosystem, small and midsized businesses, and global asset management.

• Integrated platform connects recordkeeping, investments, advice, and income for retirement participants.

• Market-leading SMB franchise with deep advisor and broker distribution.

• Diversified global asset manager with strong partnerships and privileged access to high-growth markets.

Retirement and SMB leadership

• U.S. retirement is the largest profit pool in financial services, with $110B annual profit and strong demographic tailwinds.

• Serves 14 million individuals and 46,000 employers, managing over $325B in retirement-related AUM.

• SMB segment represents a $90B annual profit pool, with 180,000 employer relationships and high customer retention.

• 80% of SMB customers hold at least two products, reflecting deep, long-term relationships.