July 1, 2021 The Putnam Funds 100 Federal Street Boston, Massachusetts 02110 Ladies and Gentlemen:Putnam Investment Funds • August 27th, 2021
Putnam Investment Management, LLC (“PIM”) hereby contractually agrees, as of the date hereof, with respect to the funds specified below or in Schedule A, Schedule B, or Schedule C, to waive fees and reimburse certain expenses in the manner provided below:
