1. The Principal Financial Group®
May 2014
The Principal Financial Group®
Law Department
Karen Shaff
Executive Vice President, General Counsel & Secretary

2. A LEADING FINANCIAL SERVICES COMPANY
COMPANY OVERVIEW
A LEADING FINANCIAL SERVICES COMPANY
Fortune 500 company; 135 year history; 19.2 million customers
Offices in 18 countries; nearly 14,600 employees worldwide
Full range of retirement savings, investment and insurance solutions for small to medium-sized businesses & their employees, individuals, and institutions
Operating Earnings
$1,288.3 million* March 31, 2014
Assets Under Management by Source
$496 billion as of March 31, 2014
Retirement & Investor Services Accumulation 49%
Retirement & Investor Services Accumulation 47%
RIS Guaranteed 3%
RIS Guaranteed 8%
Principal Global Investors 23%
U.S. Insurance Solutions 16%
Corporate 1%
Principal International
22%
Principal International
18%
U.S. Insurance Solutions 4%
Principal Global Investors 9%
*Trailing Twelve Months. After-tax. Results exclude Corporate.

3. PRINCIPAL FINANCIAL GROUP GLOBAL PRESENCE
COMPANY OVERVIEW
PRINCIPAL FINANCIAL GROUP GLOBAL PRESENCE
UK Principal Global Investors(Europe) LTD
Asset Management
Netherlands Principal Global Investors
Representative Office Asset Management
Japan Principal Global Investors (Japan) LTD
Asset Management
Ireland Principal Global Investors (Ireland) Ltd Mutual Funds
China
CCB-Principal AMC – JV with CCB Mutual Funds, IAM
Representative Offices
Pensions, Asset Management
PRINCIPAL FINANCIAL GROUP
Headquarters
Des Moines, Iowa X
Mexico Principal AFORE Pensions Principal Seguros Life Insurance
Principal Pensiones Annuities
Principal Fondos de Inversión, S.A. de C.V (PFI) Mutual Funds, IAM X X
Germany Principal Global Investors (Europe) LTD Asset Management
Hong Kong
Principal Insurance Company Pensions, Mutual Funds, IAM Principal Global Investors (Asia) Ltd. Asset Management X X X
India Principal/AMC - JV with PNB/Vijaya Mutual Funds
Principal PNB Asset Management Co. Asset Management X
Thailand
CIMB-Principal AMC
Mutual Funds, Asset Management
UAE Principal Global Investors
Representative Office Asset Management X X X
Singapore CIMB-Principal AMC
Principal Global Investors (Singapore)
Asset Management X X
Malaysia CIMB-Principal AMC - JV with CIMB Group Mutual Funds, Asset Management
CIMB Principal Islamic Asset Management (PGI JV with CIMB Group) Islamic Institutional Asset Management
Chile Principal Vida Annuities / Pensions
Principal Creditos Hipotecarios Residential Mortgages
Principal AGF Mutual Funds, IAM
Cuprum Pensions - Mandatory X
Brazil BrasilPrev - JV with Banco do Brasil Pensions, Annuities, IAM
Claritas Mutual Funds
Australia Principal Global Investors (Australia) LTD Asset Management
Indonesia
CIMB-Principal AMC
Mutual Funds, Asset Management
X = lawyer presence

4. PRINCIPAL LAW DEPARTMENT
Primary Areas of Focus
Banking Global Asset Management Insurance
Bankruptcy Executive Compensation Tax
Governance Human Resources IT/Cybersecurity
ERISA Litigation Management Compliance
Securities M&A
Intellectual Property Privacy