Principal Financial : ® launches enhancement to fintech-enabled model portfolios, offering industry-first customized direct indexing in fixed income

About Principal Asset Management^SM
With public and private market capabilities across all asset classes, Principal Asset Management^SM and its investment specialists look at asset management through a different lens, creating solutions to help deliver client investment objectives. By applying local insights with global perspectives, Principal Asset Management identifies distinct and compelling investment opportunities for more than 1,100 institutional clients in over 80 markets.¹

Principal Asset Management is the global investment solutions business for Principal Financial Group^® (Nasdaq: PFG), managing $484.6 billion in assets¹ and recognized as a "Best Places to Work in Money Management²" for 11 consecutive years. Learn more at www.PrincipalAM.com.

[1] As of September 30, 2022
[2] Pensions & Investments, "The Best Places to Work in Money Management", December 12, 2022.

About YieldX
Founded in 2019 by senior fixed income and fintech professionals, YieldX is customizing and optimizing income investing at scale and with unparalleled efficiency. YieldX's digital-first environment offers complete flexibility, with a choice of technology and asset management solutions, custom investment universes, and white-labeled offerings for home offices, asset managers, and financial advisors. YieldX seeks to deliver real-time outcomes that enhance results for the client and the firm. For more information about YieldX, visit YieldX.app and for important disclosures, please visit: https://yieldx.app/disclosures/.

About Smartleaf Asset Management
Smartleaf Asset Management, LLC (SAM) is an SEC-registered sub-advisory rebalancing and trading service that enables wealth advisors to deliver highly customized, tax-optimized portfolios at scale. With SAM, working with direct indexes is as easy as working with ETFs. For more information on how SAM makes it simple to offer your clients personalized portfolios, visit www.smartleafam.com.

About Jacobi
Jacobi is a global investment technology provider that streamlines multi-asset investment processes and enables portfolio design, analysis and client engagement. Its unique 'open architecture' platform allows firms to tailor the platform by integrating their own code, models, data, analytics and applications. Founded in 2014 Jacobi provides its technology to top-tier investment organizations including some of the world's leading asset and wealth managers, pension funds, asset owners and investment consultants.

©2023 Principal Financial Services, Inc. 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 services marks of Principal Financial Services, Inc., in various countries around the world.