Company: PPT
Filing Date: 2025-09-26
Form Type: N-CSR
Source: 0001133228-25-010195
Chunk: 241

Company: PUTNAM PREMIER INCOME TRUST
Filing Date: 2025-09-26
Form: N-CSR
Chunk 241
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| Ø | Putnam will vote against proposals to limit the liability of External Audit Firms (“Accounting Auditors”) |

| Ø | Putnam will vote against proposals seeking a reduction in board size that eliminates all vacant seats. |

| Ø | Putnam may generally vote against proposals seeking an increase in authorized capital that leaves the company with as little             
 as 25 percent of the authorized capital outstanding (general request). However, such proposals will be evaluated on a company specific   
 basis, taking into consideration such factors as current authorization outstanding, existence (or lack thereof) of preemptive rights and 
 rationale for the increase.                                                                                                              |

| Ø | Putnam will vote for corporate split agreement and transfer of sales operations to newly created wholly-owned subsidiaries        
 where the transaction is a purely internal one which does not affect shareholders’ ownership interests in the various operations. 
 All other proposals will be referred back to Putnam for case-by-case review. These reorganizations usually accompany the          
 switch to a holding company structure, but may be used in other contexts.                                                         |

United Kingdom

| Ø | Putnam will not apply the U.S. standard 15% discount cap for employee share purchase schemes at U.K. companies. As such, Putnam will generally 
 vote for ‘Save-As-You-Earn’ schemes in the U.K which allow for no more than a 20% purchase discount, and which                                 
 otherwise comply with U.K. law and Putnam standards.                                                                                           |

France

| Ø | Putnam will not apply the U.S. standard 15% discount cap for employee share purchase schemes at French companies. As such, Putnam will   
 generally vote for employee share purchase schemes in France that allow for no greater than a 30% purchase discount, or                  
 40% purchase discount if the vesting period is equal to or greater than ten years, and which otherwise comply with French law and Putnam 
 standards.                                                                                                                               |

| Ø | Putnam will generally vote for the Remuneration Report (established based on SRD II), however Putnam will vote on a case-by-case           
 basis when Putnam is voting against both the ex-Post Remuneration Report (CEO) and ex-Ante Remuneration Policy (CEO, or proposal including 
 CEO remuneration package) in the current year, and Putnam’s third party service provider(s) is recommending a vote against.                |

Canada

| Ø | Putnam will generally vote for Advance Notice provisions for submitting director