RETIREMENT ASSET MANAGEMENT BENEFITS & PROTECTION Second Quarter 2026 Earnings PRINCIPAL FINANCIAL GROUP July 27, 2026 Audience disclosure Key takeaways | Delivering on | long-term | | --- | --- | | guidance | | 2Q / YTD EPS growth1 TTM FCF %2 ROE3 17% / 15% 80% 16.4% (9-12% target) (75-85% target) (15-17% target) Highlights4 1 This is a non-GAAP measure, see reconciliation in appendix. Excludes significant variances, see slide 12 for more details. 2 Based on non-GAAP net income attributable to PFG, excludi ...