Company: PIM
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000928816-25-000374
Chunk: 30

Company: PUTNAM MASTER INTERMEDIATE INCOME TRUST
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 30
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 or postponed session of that meeting, unless the Trustees fix a new record date for the meeting. If a new record date
is fixed for a meeting, any proxy received by a fund from a shareholder who was a shareholder of record on both the record date originally
set for the meeting and the new record date for the meeting will remain in full force and effect unless explicitly revoked by the shareholder.

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Duplicate mailings.As permitted by SEC rules, the
funds’ practice is to send a single copy of the proxy statement to shareholders who share the same last name and address, unless
a shareholder previously has requested otherwise. Separate proxy cards will be included with the proxy statement for each account registered
at that address. If you would prefer to receive your own copy of the proxy statement, please contact EQ Fund Solutions by phone at 1-800-967-5051
or contact Putnam Investor Services by mail at P.O. Box 219697, Kansas City, MO 64121-9697.

Financial information. Your fund’s Clerk will furnish to you, upon request and without charge, a copy of the fund’s annual report for its most recent fiscal year, and a copy of its semiannual report for any subsequent semiannual period. You may direct these requests to Putnam Investor Services, P.O. Box 219697, Kansas City, MO 64121-9697 or by phone at 1-800-225-1581. You may also access copies of these reports by visiting www.franklintempleton.com.

Fund Information

Franklin Advisers, Inc. Franklin Advisers is the funds’
investment adviser and is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. Franklin Resources, Inc., whose principal executive
offices are at One Franklin Parkway, San Mateo, California 94403, is a global investment management organization operating as Franklin
Templeton. The address of Franklin Advisers is also One Franklin Parkway, San Mateo, California 94403.

Franklin Templeton Investment Management Limited. Franklin
Templeton Investment Management Limited (“FTIML”) is a registered investment adviser that has been retained by Franklin Advisers
as investment sub-adviser or sub-manager with respect to a portion of the assets of the funds, and is an indirect, wholly-owned subsidiary
of Franklin Resources, Inc. The address of FTIML is 78 Cannon Street, London, England, EC4N 6HL.

Franklin Templeton Services, LLC