0001683863-21-007448 Sample Contracts

PRINCIPAL FUNDS, INC.
Sub-Advisory Agreement • December 28th, 2021 • Principal Funds, Inc. • Iowa

SUB-ADVISORY AGREEMENT (the "Agreement") to be effective as of August 31, 2021, by and between PRINCIPAL GLOBAL INVESTORS, LLC, a Delaware limited liability company (the "Manager"), and NEWTON INVESTMENT MANAGEMENT NORTH AMERICA, LLC, a Delaware limited liability company (the "Sub-Advisor").

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PRINCIPAL FUNDS, INC. PRINCIPAL VARIABLE CONTRACTS FUNDS, INC. INTERFUND LENDING AGREEMENT
Interfund Lending Agreement • December 28th, 2021 • Principal Funds, Inc. • Iowa

This Interfund Lending Agreement (as amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), dated as of December 9, 2020 (the “Effective Date”), is by and among the series listed for Principal Funds, Inc. and Principal Variable Contracts Funds, Inc. on Schedule A or Schedule B hereto (collectively, the “Funds,” and each portfolio series of a Fund shall be referred to herein as a “Fund” and collectively as the “Funds”) and Principal Global Investors, LLC (the “Adviser”).

PRINCIPAL FUNDS, INC.
Sub-Advisory Agreement • December 28th, 2021 • Principal Funds, Inc. • Iowa

SUB-ADVISORY AGREEMENT (the "Agreement") to be effective as of October 1, 2021, by and between PRINCIPAL GLOBAL INVESTORS, LLC, a Delaware limited liability company (the "Manager"), and WESTCHESTER CAPITAL MANAGEMENT, LLC, a Delaware limited liability company (the "Sub-Advisor").

AMENDED AND RESTATED MANAGEMENT AGREEMENT
Management Agreement • December 28th, 2021 • Principal Funds, Inc.

This AMENDED AND RESTATED MANAGEMENT AGREEMENT (the "Agreement"), to be effective December 31, 2021, is by and between PRINCIPAL FUNDS, INC., a Maryland corporation (the "Fund"), on behalf of each series identified on Schedule 1 attached hereto, as may be amended from time to time (each, a "Series"), and PRINCIPAL GLOBAL INVESTORS, LLC, a Delaware limited liability company (the "Manager").

PRINCIPAL FUNDS, INC.
Sub-Advisory Agreement • December 28th, 2021 • Principal Funds, Inc. • Iowa

SUB-ADVISORY AGREEMENT (the "Agreement") to be effective as of October 18, 2021 by and between PRINCIPAL GLOBAL INVESTORS, LLC, a Delaware limited liability company (the "Manager"), and IMPAX ASSET MANAGEMENT LIMITED, an England and Wales limited company (the "Sub-Advisor").

CONTRACTUAL FEE WAIVER AGREEMENT
Contractual Fee Waiver Agreement • December 28th, 2021 • Principal Funds, Inc.

AGREEMENT to be effective December 31, 2021 by and between Principal Funds, Inc. (the "Fund") and Principal Global Investors, LLC (the "Advisor") (together, the "Parties").

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