Exhibit 99 In millions except percentages, earnings per share, or otherwise noted INVESTOR CONTACT: MEDIA CONTACT: Humphrey Lee 877-909-1105, lee.humphrey@principal.com Jane Slusark 515-362-0482, slusark.jane@principal.com Principal Financial Group Announces First Quarter 2024 Results Raises second quarter 2024 common stock dividend (Des Moines, Iowa) – Principal Financial Group (Nasdaq: PFG) announced results for first quarter 2024. First Quarter 2024 Highlights Dan Houston, chairman, president, and CEO of ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-16725 PRINCIPAL FINANCIAL GROUP, INC. (Exact name of Registrant as specified in its charter) Delaware (State or other jurisdicti ...

财务数据和关键指标变化 - 2023年公司报告的非GAAP运营收益为16亿美元，每股稀释收益为6.55美元，较2022年增长6% [12] - 2023年第四季度非GAAP运营收益为4.41亿美元，每股稀释收益为1.83美元 [14] - 2023年公司净收入为6.23亿美元，剔除退出业务后净收入为15亿美元 [39] 各条业务线数据和关键指标变化 - 在退休和收入解决方案（RIS）中，第四季度的税前运营收益增长22%，全年净收入增长4% [46][47] - 资产管理（PGI）全年税前利润率为35%，收入增长略低于指导范围 [48] - 国际业务（Principal International）全年收入增长9%，税前运营收益增长11% [50] - 专业福利（Specialty Benefits）全年保费和费用增长9%，税前运营收益增长17% [51] 各个市场数据和关键指标变化 - 在美国退休市场，转移存款增长9%，其中费用基础转移存款增长17% [27] - 在拉丁美洲和亚洲，2023年正现金流超过20亿美元，市场表现良好 [21] - 由于市场波动，零售净现金流仍然受到挑战，约6万亿美元的资产仍在货币市场基金或现金等价物中 [16] 公司战略和发展方向和行业竞争 - 公司专注于提供多样化的分销渠道，包括机构、零售、退休、私人资产和国际市场 [16] - 计划在2024年继续投资于增长，目标是将资本回报给股东，预计资本部署在15亿到18亿美元之间 [65] - 公司在高增长市场的整合产品组合和重要的分销合作伙伴关系将继续创造客户和股东的价值 [32] 管理层对经营环境和未来前景的评论 - 管理层对2024年的展望乐观，预计每股收益增长在9%到12%之间 [63] - 尽管面临房地产和亚洲市场的压力，管理层相信宏观经济的有利因素将推动业务增长 [64] - 管理层强调，尽管市场竞争激烈，公司仍能保持良好的客户体验和盈利能力 [166] 其他重要信息 - 公司在2023年通过股票回购和普通股分红向股东返还超过13亿美元的资本 [13][60] - 公司在第四季度宣布每股0.69美元的普通股分红，较前一季度增加0.02美元 [61] - 公司在2023年获得了“最佳工作场所”奖项，连续第12年获得此荣誉 [34] 问答环节所有提问和回答 问题: 关于PGI的净收入指导 - 管理层对2024年房地产相关活动持谨慎乐观态度，预计将有更多投资者重新参与风险资产 [81][82] 问题: 关于养老金风险转移（PRT）市场的前景 - 2023年PRT业务表现强劲，预计2024年将继续保持在25亿到30亿美元的目标范围内 [97] 问题: 关于香港市场的产品退出 - 公司退出了资本密集型的保证产品，预计将释放3000万到4000万美元的资本 [106] 问题: 关于RIS市场的流动性 - 小型和中型企业的转移存款在过去12个月中增长了12%，显示出健康的基本面 [109] 问题: 关于商业抵押贷款组合的到期情况 - 2024年有11笔贷款到期，整体组合的贷款价值比为66%，债务服务覆盖率为3.8倍 [181]

| --- | --- | --- | --- | |---------------------------------------------------------------|-----------------------------------------------------------------|--------------------------------------------------------------------|-----------------------| | Full year 2023 financial highlights | | | | | FY 2023 OPERATING RESULTS | | | | | Reported non-GAAP operating earnings1 | lmpact of significant variances to non-GAAP operating earnings2 | Non-GAAP operating earnings, excluding significant variances (xSV) | | ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 1-16725 (Commission file number) PRINCIPAL FINANCIAL GROUP, INC. (Exact name of registrant as specified in its charter) Delaware 42-1520346 (State or other jurisdiction of incorp ...

Principal Financial Group, Inc. (NASDAQ:PFG) Q3 2023 Earnings Conference Call October 27, 2023 10:00 AM ET Conference Call Participants Good morning and welcome to the Principal Financial Group Third Quarter 2023 Financial Results Conference Call. There will be a question-and-answer period after the speakers have completed their prepared remarks. [Operator Instructions] A confirmation tone will indicate your line is in the question queue. We would ask that youÂ'd be respectful of others and limit your quest ...

| --- | --- | |-----------------------------------------------|-------| | | | | O Principal® | | | Third Quarter 2023 Earnings Call Presentation | | | PRINCIPAL FINANCIAL GROUP October 26, 2023 | | | --- | --- | |---------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 1-16725 (Commission file number) PRINCIPAL FINANCIAL GROUP, INC. (Exact name of registrant as specified in its charter) Delaware 42-1520346 (State or other jurisdiction of incorporati ...

Company Participants Conference Call Participants Operator I will now turn the conference over to Humphrey Lee, Vice President of Investor Relations. Some of the comments made during this conference call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act. The company does not revise or update them to reflect new information, subsequent events or changes in strategy. Risks and uncertainties that could cause actual results to differ materially from those ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 1-16725 (Commission file number) PRINCIPAL FINANCIAL GROUP, INC. (Exact name of registrant as specified in its charter) Delaware 42-1520346 (State or other jurisdiction of incorporat ...