Principal Financial Group (PFG) Proxy filing summary

Executive summary

• Annual shareholders meeting scheduled for May 19, 2026, to be held virtually via live webcast at 9:00 a.m. CDT.

• Proxy materials, including the Notice, Proxy Statement, and 2025 Annual Report, are available online for review and voting.

• Shareholders can request paper or email copies of proxy materials at no charge, with requests due by May 9, 2026.

Voting matters and shareholder proposals

• Election of directors: Jonathan S. Auerbach, Mary E. "Maliz" Beams, Jocelyn Carter-Miller, Scott M. Mills, and Claudio N. Muruzabal.

• Advisory approval of named executive officer compensation (say-on-pay) is up for vote.

• Ratification of Ernst & Young LLP as independent auditors for 2026 is proposed.

• Approval of the 2026 Stock Incentive Plan is on the agenda.

Board of directors and corporate governance

• Board recommends voting FOR all director nominees and all proposals on the agenda.