Company: PGZ
Filing Date: 2025-03-04
Form Type: DEFR14A
Source: 0001398344-25-004645
Chunk: 19

Company: Principal Real Estate Income Fund
Filing Date: 2025-03-04
Form: DEFR14A
Chunk 19
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 the QLCC is responsible
for (i) receiving reports of certain material breaches or violations of certain U.S. laws or regulations or fiduciary duties, (ii) reporting
evidence of such breaches or violations to the Fund’s Principal Executive Officer (“PEO”), (iii) determining whether
an investigation of such breaches or violations is required, (iv) if the QLCC determines an investigation is required, initiating such
investigation, (v) at the conclusion of such investigation, recommending that the Fund implement an appropriate response to evidence of
a breach or violation and (vi) informing the PEO and the Board of Trustees of the results of the investigation.

The QLCC shall meet as often as it deems necessary
to perform its duties and responsibilities. The QLCC met one time during the fiscal year ended October 31, 2024.

Compensation Committee

The Fund does not have a compensation committee.

Other Board of Trustees Related Matters

The Fund does not require Trustees to attend the Annual
Meeting of Shareholders. No Trustees attended the 2024 Annual Meeting of Shareholders.

Required Vote

The presence via telephone or by proxy of one-third
of the Fund’s shares that are entitled to vote constitutes a quorum.

The affirmative vote of a plurality of votes cast
for the nominees by the holders entitled to vote for the particular nominee is necessary for the election of the nominees.

THE BOARD OF TRUSTEES RECOMMENDS THAT SHAREHOLDERS
OF THE FUND VOTE “FOR” THE TRUSTEE NOMINEES.

<div align='center'>GENERAL INFORMATION</div>

Independent Registered Public Accounting Firm

At the December meeting of the Board of Trustees,
the Board of Trustees selected Cohen to serve as the Fund’s independent registered public accounting firm for the Fund’s fiscal
year ending October 31, 2025. Cohen acted as the Fund’s independent registered public accounting firm for the fiscal year ended
October 31, 2024. The Fund knows of no direct financial or material indirect financial interest of Cohen in the Fund. A representative
of Cohen will not be present at the Meeting, but will be available by telephone and will have an opportunity to make a statement if they
desire to do so. A Cohen representative will also be available to respond to appropriate questions.

Principal Accounting Fees and Services

The table provided below sets forth the aggregate
fees billed by Cohen for services rendered to the Fund, during the Fund’s fiscal years ended October 31