[MUSIC PLAYING] [The Principal Financial Group logo appears on screen.] Narration of On-Screen Text: [First section of video covers our expertise, commitment to TPAs, and benefits of a partnership] A retirement leader committed to TPAs Partnering to help clients confidently achieve their goals [Visuals transition to messaging about expertise and leadership.] Complementing your value with our expertise Trusted retirement leadership Total retirement solutions Seamless plan experience [Award badge appears on screen.] Award-winning participant experiences, according to Pension & Investments 2025 Eddy Awards, March 2025. Flexible investment choices to meet unique needs Vigilant cybersecurity to safeguard data [Begins second section of the video highlights TPA growth-focused strategy and dedicated support for TPAs and TPA clients] [A timeline graphic highlights the company’s long-standing TPA partnerships.] Teaming with TPAs for nearly 25 years, offering a TPA service arrangement since 2001. Top 3 TPA recordkeeper, according to the Percentage of total DC recordkeeping assets using TPA, PLANSPONSOR Recordkeeping Survey, July 2024. 900 TPA relationships, Principal TPA plan data, including Simply Retirement by Principal®, as of Dec. 31, 2023. 19,000 TPA plans, as of Dec. 31, 2023. [The text emphasizes the importance of collaboration.] Your success is critical to our success. [Visuals shift to a graph illustrating sales growth.] Doubling down on dedicated resources aligned to your business TPA sales directors to help drive growth [On screen graph shows 157% growth in TPA sales over the last four years. Data source: Principal TPA plan data, including Simply Retirement by Principal®, as of Dec. 31, 2023.] Specialized TPA service teams to help make your job more efficient TPA Customer Care team to effectively serve mutual clients [Checkmark] Assigned contact for every client [Checkmark] Specialized focus to complement your value [Visuals transition to highlight customer retention and satisfaction statistics.] Peace of mind A top provider for plan sponsor service and support, according to ©Escalent. Cogent Syndicated, Retirement Planscape®, May 2024. 96% client retention, among all retirement plan clients, as of Dec. 31, 2024. 12-year client tenure, among all DC plan clients, as of Dec. 31, 2024. [An icon appears to represent a service guarantee.] Our services are backed by a guarantee. [Footnote] For comprehensive warranty details on the levels of coverage we offer, see the Principal Service Warranty document, Attachment, or Service and Expense Agreement. [Begins third section of video highlighting innovative technology for efficiencies and configurability to meet TPAs where they and their clients need us.] [Graphics illustrating flexibility, technology, and automation.] Flexibility > Technology > Automation To help you operate more efficiently and profitably Flexibility to complement your model. Technology to efficiently manage your block online, including: Enhanced reporting capabilities Digitally onboard new clients Automation to streamline … [Scrolls through a list of capabilities to help streamline the following tasks] Payroll data Eligibility notifications Combined notice e-delivery Loan and withdrawal requests Benefit event distributions Small amount force outs [Footnote] For eligibility notifications and e-delivery, we can send required plan notices at no additional cost to participants who you determine meet "wired at work" requirements or who’ve consented to electronic delivery to a personal email address. Paper delivery may be available for a fee. [Final messaging appears on screen, reinforcing commitment to TPAs.] Committed to TPAs … Leading with a partnership mindset Optimizing to drive shared growth Providing services to help lighten your load Offering competitive compensation for the value you provide [Footnote] Note that TPA must have a signed Principal TPA Edge Agreement, TPA Installation Expense Allowance Agreement, and TPA Installation Expense Allowance Agreement–Defined Benefit, and the terms of these agreements will govern what payments, if any, will be made to the TPA firm. Together, we can help clients achieve their goals. [The Principal logo reappears with the tagline] Better together. Complement your value with our expertise. [Important information disclosures shown on screen] Important information The subject matter in this communication is educational only and provided with the understanding that Principal® is not rendering legal, accounting, investment, or tax advice. You should consult with appropriate counsel, financial professionals, and other advisors on all matters pertaining to legal, tax, investment, or accounting obligations and requirements. ? Simply Retirement by Principal® 401(k) plan recordkeeping, and administrative services are provided through Decimal, Inc. dba Ubiquity Retirement + Savings (“Ubiquity”). Ubiquity is not affiliated with any plan and investment administrative services provided through Principal Life Insurance Company® or affiliated with any company of the Principal Financial Group®. Principal makes available the Separate Accounts and collective investment trusts for customers to select them through Simply Retirement by Principal. All other services and mutual funds are provided by service providers not affiliated with any company of the Principal Financial Group. Refer to related documents and agreements for more details on plan services available. Insurance products and plan administrative services provided through Principal Life Insurance Company®, a member of the Principal Financial Group®, Des Moines, Iowa 50392. Principal®, Principal Financial Group®, and Principal and the logomark design are registered trademarks of Principal Financial Services, Inc., a Principal Financial Group company, in the United States, and are trademarks and service marks of Principal Financial Services, Inc., in various countries around the world. Intended for financial professional/institutional use. [MUSIC ENDS] [End of video]