Company: PGZ
Filing Date: 2025-03-04
Form Type: DEFR14A
Source: 0001398344-25-004645
Chunk: 5

Company: Principal Real Estate Income Fund
Filing Date: 2025-03-04
Form: DEFR14A
Chunk 5
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 designated nominee declines or otherwise
becomes unavailable for election, the proxy confers discretionary power on the persons named therein to vote in favor of a substitute
nominee or nominees.

Information About the Nominees’ Professional Experience and Qualifications

JoEllen L. Legg - Ms. Legg has been a Trustee
of the Fund since March 2024. She currently serves on the Fund’s Qualified Legal Compliance Committee, Nominating and Corporate
Governance Committee and on the Audit Committee JoEllen Legg currently serves as a Trustee of the Reaves Utility Income Fund and was formerly
Counsel with Practus, LLP, a law firm (2017-2019). She previously served as Vice President and Assistant General Counsel of ALPS Fund
Services, Inc., an administrator and transfer agent, and of ALPS Distributors, Inc., a broker-dealer, as Senior Counsel (Corporate and
Securities) of Adelphia Communications Corporation, a public cable company, and held Associate positions at Fried, Frank, Harris, Shriver
& Jacobson, LLP and Patton Boggs LLP (law firms). Ms. Legg has served a Trustee of the Reaves Utility Income Fund since 2022. Ms.
Legg also serves as a member of the Reaves Utility Income Fund's Audit Committee and chair of the Reaves Utility Income Fund’s Nominating
and Corporate Governance Committee. She was selected to serve as a Trustee of the Fund based on her financial services and investment
management experience.

Stephanie J. Bullington - Ms. Bullington is
a contractor with Populus Group, LLC, a firm providing non-permanent workforce programs for employers. Prior to joining Populus Group,
Ms. Bullington was the Chief Financial Officer (“CFO”) at Ascentris, a real estate private equity firm based in Denver, Colorado.
Ms. Bullington was responsible for financial and tax reporting, corporate profitability analysis and strategic financial planning. Prior
to joining Ascentris in May 2023, Ms. Bullington served as the Director of US Fund Oversight for Janus Henderson Investors overseeing
the US funds. Ms. Bullington additionally served as the Assistant Treasurer to the Janus Investment Funds, Janus Aspen Series, Janus Detroit
Street, and Clayton Street Trust Funds. Prior to October 2020, Ms. Bullington served as a Director of Fund Accounting at Invesco following
its acquisition of OFI Global Asset Management, Inc. (Oppen