Principal Funds
711 High Street, Des Moines, IA 50392
800 222 5852 tel
www.principalfunds.com
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July 13, 2026
Mr. Kamal Bhatia
Chief Executive Officer and President
Principal Funds, Inc.
Principal Financial Group
Des Moines, IA 50392
Dear Mr. Bhatia:
Principal Global Investors, LLC intends to purchase the following shares (the “Shares”):

Principal Funds, Inc.
Purchase Amount
Shares Purchased
International Bond Fund, Class R6
$10,0001,000

Each share of the PFI International Bond Fund, Class R6 has a par value of $.01 and a price of $10.00 per share. In connection with such purchase, Principal Global Investors, LLC. represents and warrants that it will purchase such Shares as an investment and not with a view to resell, distribute or redeem.

PRINCIPAL GLOBAL INVESTORS, LLC
BY/s/ George Djurasovic
George Djurasovic,
Vice President - Principal Asset Management
    and General Counsel