# EDGAR Filing Document

**Accession Number:** 0000009712
**File Stem:** 0000009712-26-000080
**Filing Date:** 2026-5
**Character Count:** 41475
**Document Hash:** 10ad78f8b48e54d85d2a736d3f0e372c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000009712-26-000080.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0000009712-26-000080

**CONFORMED SUBMISSION TYPE**: 485BPOS

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260526

**EFFECTIVENESS DATE**: 20260527

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRINCIPAL LIFE INSURANCE CO
- **CENTRAL INDEX KEY:** 0000009712

**ORGANIZATION NAME:**
- **EIN:** 420127290

**FILING VALUES:**
- **FORM TYPE:** 485BPOS
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-282080
- **FILM NUMBER:** 261021777

**BUSINESS ADDRESS:**
- **STREET 1:** 711 HIGH STREET
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392-0300
- **BUSINESS PHONE:** 5152475111

**MAIL ADDRESS:**
- **STREET 1:** 711 HIGH STREET
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392-0300

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL MUTUAL LIFE INSURANCE CO
- **DATE OF NAME CHANGE:** 19920929

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BANKERS LIFE CO
- **DATE OF NAME CHANGE:** 19600201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BANKERS LIFE ASSOCIATION
- **DATE OF NAME CHANGE:** 19600201

## Series and Classes Contracts Data

### PRINCIPAL LIFE INSURANCE CO (Series ID: S000089861)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000256689 | Principal Strategic Income |  |

**PART C** 

**OTHER INFORMATION** 

**Item 27. Exhibits**

(a)**Board of Director Resolutions -** N/A

(b) &nbsp;&nbsp;&nbsp;&nbsp;**Custodian Agreements -** N/A

(c) &nbsp;&nbsp;&nbsp;&nbsp;**Underwriting Contracts** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) <u>[Underwriting Agreement](https://www.sec.gov/Archives/edgar/data/9712/000110465923049166/plic-20221231xex1di.htm)</u><sup>(3)</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) <u>[Broker Dealer Marketing and Servicing Agreement for Annuity Contracts](https://www.sec.gov/Archives/edgar/data/9712/000110465923049166/plic-20221231xex1dii.htm)</u><sup>(3)</sup>

(d) &nbsp;&nbsp;&nbsp;&nbsp;**Contracts** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) <u>[Form of Contract](https://www.sec.gov/Archives/edgar/data/9713/000110465924057241/tm2330801d7_ex4-i.htm)</u><sup>(4)</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) <u>[Form of Contract](https://www.sec.gov/Archives/edgar/data/9712/000000971225000051/iowacontractcombined.htm)[2025](https://www.sec.gov/Archives/edgar/data/9712/000000971225000051/iowacontractcombined.htm)</u><sup>(6)</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) <u>[GLWB Rider](https://www.sec.gov/Archives/edgar/data/9713/000110465924057241/tm2330801d7_ex4-ii.htm)</u><sup>(4)</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) <u>[Contract](https://www.sec.gov/Archives/edgar/data/9713/000110465924057241/tm2330801d7_ex4-iv.htm)</u><u>[Data Page](https://www.sec.gov/Archives/edgar/data/9713/000110465924057241/tm2330801d7_ex4-iv.htm)</u><sup>(4)</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) <u>[Buffer Segment Endorsement](https://www.sec.gov/Archives/edgar/data/9713/000110465924057241/tm2330801d7_ex4-vi.htm)</u><sup>(4)</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) <u>[Fixed Segment Endorsement](https://www.sec.gov/Archives/edgar/data/9713/000110465924057241/tm2330801d7_ex4-vii.htm)</u><sup>(4)</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) <u>[Floor Segment Endorsement](https://www.sec.gov/Archives/edgar/data/9713/000110465924057241/tm2330801d7_ex4-viii.htm)</u><sup>(4)</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8) <u>[Peak Buffer Segment Endorsement](https://www.sec.gov/Archives/edgar/data/9713/000110465924057241/tm2330801d7_ex4-ix.htm)</u><sup>(4)</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9) <u>[Waiver of Bond Adjustment Endorsement](https://www.sec.gov/Archives/edgar/data/9713/000110465924057241/tm2330801d7_ex4-xi.htm)</u><sup>(4)</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10) <u>[Segment Lock-In Rider](https://www.sec.gov/Archives/edgar/data/9713/000110465924057241/tm2330801d7_ex4-iii.htm)</u><sup>(4)</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11) <u>[Traditional IRA Endor](https://www.sec.gov/Archives/edgar/data/9712/000000971225000051/traditionaliraendorsement.htm)[sement](https://www.sec.gov/Archives/edgar/data/9712/000000971225000051/traditionaliraendorsement.htm)</u><sup>(6)</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12) <u>[Roth IRA Endor](https://www.sec.gov/Archives/edgar/data/9712/000000971225000051/rothiraendorsement2025.htm)[sement](https://www.sec.gov/Archives/edgar/data/9712/000000971225000051/rothiraendorsement2025.htm)</u><sup>(6)</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13) <u>[SIMPLE IRA Endorsement](https://www.sec.gov/Archives/edgar/data/9712/000000971225000051/simpleiraendorsement2025.htm)</u><sup>(6)</sup>

(e) &nbsp;&nbsp;&nbsp;&nbsp;**Applications** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) <u>[Form of Application](https://www.sec.gov/Archives/edgar/data/9713/000110465924057241/tm2330801d7_ex4-v.htm)</u><sup>(4)</sup>

(f) &nbsp;&nbsp;&nbsp;&nbsp;**Insurance Company's Certificate of Incorporation and By-laws** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) <u>[Articles of Incorporation](https://www.sec.gov/Archives/edgar/data/9713/000110465923119322/tm2330801d2_ex99-f1.htm)</u><sup>(2)</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) <u>[Bylaws](https://www.sec.gov/Archives/edgar/data/9713/000110465923119322/tm2330801d2_ex99-f2.htm)</u><sup>(2)</sup>

(g) &nbsp;&nbsp;&nbsp;&nbsp;**Reinsurance Contracts** - N/A

(h) &nbsp;&nbsp;&nbsp;&nbsp;**Participation Agreements** - N/A

(i) &nbsp;&nbsp;&nbsp;&nbsp;**Administrative Contracts -** N/A

(j) &nbsp;&nbsp;&nbsp;&nbsp;**Other Material Contracts -** N/A

(k) **&nbsp;&nbsp;&nbsp;&nbsp;<u>[Legal Opinion and Consent](https://www.sec.gov/Archives/edgar/data/9712/000110465924099429/plic-20231231xex99da5.htm)</u>**<sup>(5)</sup>

(l) &nbsp;&nbsp;&nbsp;&nbsp;**Other Opinions** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) <u>[Consents of](psirilan-4amendmentxfinalc.htm)[Ernst & Young LLP](psirilan-4amendmentxfinalc.htm)</u><sup>(1)</sup>

(m) &nbsp;&nbsp;&nbsp;&nbsp;**Omitted Financial Statements** - N/A

(n) &nbsp;&nbsp;&nbsp;&nbsp;**Initial Capital Agreements -** N/A

(o) &nbsp;&nbsp;&nbsp;&nbsp;**<u>[Form](https://www.sec.gov/Archives/edgar/data/9712/000000971226000009/psi-formofinitialsummarypr.htm)[of Initial Summary Prospectus](https://www.sec.gov/Archives/edgar/data/9712/000000971226000009/psi-formofinitialsummarypr.htm)</u>**<sup>(7)</sup>

------

(p) &nbsp;&nbsp;&nbsp;&nbsp;**<u>[Powers of Attorney](https://www.sec.gov/Archives/edgar/data/9712/000000971225000051/psin-4poa2025.htm)</u>**<sup>(6)</sup>

(q) &nbsp;&nbsp;&nbsp;&nbsp;**Letter Regarding Change in Certifying Accountant -** N/A

(r) &nbsp;&nbsp;&nbsp;&nbsp;**<u>[Historical](psipartchistoricalrates.htm)</u><u>[Current Limits on Index Gains](psipartchistoricalrates.htm)</u>**<sup>(1)</sup>

<sup>(1)</sup> Filed herewith

<sup>(2)</sup> Incorporated herein by reference to Initial Filing of N-4 Registration Statement (File No. 333-275615) filed on November 17, 2023.

<sup>(3)</sup> Incorporated herein by reference to Pre-Effective Amendment #4 to S-1 Registration Statement (File No. 333-267959) filed on April 25, 2023.

<sup>(4)</sup> Incorporated herein by reference to Pre-Effective Amendment #1 to N-4 Registration Statement (File No. 333-275615) filed on May 6, 2024.

<sup>(5)</sup> Incorporated herein by reference to Initial Filing of S-1 Registration Statement (File No. 333-282080) filed on September 13, 2024.

<sup>(6)</sup> Incorporated herein by reference to Post-Effective Amendment #6 to the N-4 Registration Statement (File No. 333-282080) filed on April 30, 2025.

<sup>(7)</sup> Incorporated herein by reference to Post-Effective Amendment #7 to the N-4 Registration Statement (File No. 333-282080) filed on February 18, 2026.

------

**Item 28. Directors and Officers of the Insurance Company**

Principal Life Insurance Company is managed by a Board of Directors which is elected by its Contract owners. The directors and executive officers of the Company, their positions with the Company, including Board Committee memberships, and their principal business address, are as follows:

**DIRECTORS:**

---

| | |
|:---|:---|
| **Name and Principal Business Address** | **Positions and Offices** |
| JONATHAN S. AUERBACH<br>711 High Street<br>Des Moines, IA 50392 | Director<br>Member, Finance and Human Resources Committees |
| MARY E. BEAMS<br>711 High Street<br>Des Moines, IA 50392 | Director<br>Member, Audit and Finance Committees |
| JOCELYN CARTER-MILLER<br>711 High Street<br>Des Moines, IA 50392 | Director<br>Chair, Human Resources Committee <br>Member, Executive, Nominating and Governance Committee |
| ROGER C. HOCHSCHILD<br>711 High Street<br>Des Moines, IA 50392 | Director<br>Chair, Nominating and Governance Committee<br>Member, Human Resources Committee |
| SCOTT M. MILLS<br>711 High Street<br>Des Moines, IA 50392 | Director<br>Member, Audit, Executive and Nominating and Governance Committees |
| H. ELIZABETH MITCHELL<br>711 High Street<br>Des Moines, IA 50392 | Director<br>Member, Audit and Nominating and Governance Committees |
| CLAUDIO MURUZABAL<br>711 High Street<br>Des Moines, IA 50392 | Director <br>Member, Human Resources and Nominating and Governance Committees |
| DIANE C. NORDIN<br>711 High Street<br>Des Moines, IA 50392 | Director<br>Chair, Audit Committee<br>Member, Finance Committee |
| BLAIR C. PICKERELL <br>711 High Street<br>Des Moines, IA 50392 | Director<br>Member, Finance and Human Resources Committees |
| CLARE S. RICHER<br>711 High Street<br>Des Moines, IA 50392 | Director<br>Chair, Finance Committee<br>Member, Human Resources and Executive Committees |
| ALFREDO RIVERA<br>711 High Street<br>Des Moines, IA 5039210903 | Director<br>Member, Audit and Finance Committees |
| DEANNA D. STRABLE-SOETHOUT<br>711 High Street<br>Des Moines, IA 50392 | Director<br>Chair of the Board, Executive Committee<br>Principal Life: Chair, President and Chief Executive Officer |

---

------

**EXECUTIVE OFFICERS (OTHER THAN DIRECTORS):**

---

| | |
|:---|:---|
| **Name and Principal Business Address** | **Positions and Offices** |
| CHRISTOPHER AGBE DAVIES <sup>(1)</sup> | Vice President, Associate General Counsel, & Interim Corporate Secretary  |
| VIVEK AGRAWAL<sup>(1)</sup> | Executive Vice President and Chief Growth Officer |
| KAMAL BHATIA<sup>(1)</sup> | President and Chief Executive Officer - Principal Asset Management |
| J. SCOTT BOYD<sup>(1)</sup> | Senior Vice President - Retirement Distribution |
| WEE YEE (THOMAS) CHEONG<sup>(3)</sup> | President, Asia Pacific & Middle East |
| LISA M. COULSON<sup>(1)</sup> | Senior Vice President and Chief Human Resources Officer |
| GEORGE DJURASOVIC <sup>(1)</sup> | Interim General Counsel |
| NOREEN M. FIERRO<sup>(1)</sup> | Senior Vice President and Enterprise Chief Ethics and Compliance Officer |
| AMY C. FRIEDRICH<sup>(1)</sup> | President - Benefits and Protection |
| TERESA M. HASSARA<sup>(1)</sup> | Senior Vice President - WSRS |
| TIMOTHY A. HILL<sup>(1)</sup> | Senior Executive Managing Director - US & Europe Client Group, Principal Asset Management |
| KARA M. HOOGENSEN<sup>(1)</sup> | Senior Vice President, Benefits and Protection - Head of Workplace Benefits |
| KATHLEEN B. KAY<sup>(1)</sup> | Executive Vice President and Chief Information Officer & PGS |
| CHRISTOPHER J. LITTLEFIELD<sup>(1)</sup> | President - Retirement and Income Solutions |
| KENNETH A. MCCULLUM<sup>(1)</sup> | Executive Vice President - Chief Risk Officer and General Account |
| CHRISTOPHER D. PAYNE<sup>(1)</sup> | Senior Vice President, Government Relations |
| JOEL M. PITZ<sup>(1)</sup> | Executive Vice President and Chief Financial Officer |
| SRINIVAS D. REDDY<sup>(1)</sup> | Senior Vice President - Retirement and Income Solutions |
| NATHAN P. SCHELHAAS<sup>(1)</sup> | Senior Vice President, Benefits and Protection - Head of Business Owner Segment |
| ELLEN W. SHUMWAY<sup>(1)</sup> | Senior Executive Managing Director - Global Head of Product & Marketing, Principal Asset Management |
| PABLO SPRENGER<sup>(2)</sup> | Executive Vice President, Principal Latin America |
| BETHANY A. WOOD<sup>(1)</sup> | Executive Vice President and Chief Marketing Officer |
| <sup>(1)</sup> 711 High Street |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Des Moines, IA 50392 |  |
| <sup>(2)</sup> Av Apoquindo 3600 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Piso 10 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Santiago, Chile |  |
| <sup>(3)</sup> 29/F, Sun Hung Kai Centre  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;30 Harbour Road |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Hong Kong SAR China |  |

---

------

**Item 29. Persons Controlled by or Under Common Control with the Insurance Company** 

Principal Life Insurance Company is wholly-owned by Principal Financial Services, Inc. Principal Financial Services, Inc. (an Iowa corporation) is an intermediate holding company organized pursuant to Section 512A.14 of the Iowa Code. In turn, Principal Financial Services, Inc. is a wholly-owned subsidiary of Principal Financial Group, Inc., a publicly traded company that files consolidated financial statements with the SEC. A list of persons directly or indirectly controlled by or under common control with Principal Life Insurance Company as of December 31, 2025 appears below:

---

| | | |
|:---|:---|:---|
| **<u>Principal Life Insurance Company - Organizational Structure</u>** | **<u>Principal Life Insurance Company - Organizational Structure</u>** | **<u>Principal Life Insurance Company - Organizational Structure</u>** |
| *(December 31, 2025)* | *(December 31, 2025)* | *(December 31, 2025)* |
|  | **Organized in** | **% Owned** |
| **PRINCIPAL FINANCIAL GROUP, INC.** | Delaware | Publicly Held |
| **<u>→ Principal Financial Services, Inc.\*#</u>** | Iowa | 100  |
| → CCB Pension Management, Co. Ltd. | China | 17.64  |
| → <u>PFG DO Brasil LTDA\*#</u> | Brazil | 100  |
| → Brasilprev Seguros E Previdencia S.A.\* | Brazil | 50  |
| → Principal Global Investors Participacoes, LTDA\*# | Brazil | 100  |
| → Claritas Investments LTD\*# | Cayman Islands | 100  |
| <u>→ Claritas Administracao de Recursos LTDA\*#</u> | Brazil | 100  |
| → PFG Do Brasil 2 Participacoes LTDA\*# | Brazil | 100  |
| → Ciclic Corretora de Seguros S.A.\*# | Brazil | 50.01  |
| → <u>Principal International, LLC.\*#</u> | Iowa | 100  |
| → <u>Principal International (Asia) Limited\*#</u> | Hong Kong | 100  |
| → Principal Asia Pacific Investment Consulting (Beijing) Limited\*# | China | 100  |
| → Principal International (South Asia) SDN, BHD\*# | Malaysia | 100  |
| → Principal Nominee Company (Hong Kong) Limited\*# | Hong Kong | 100  |
| → Principal Asset Management Company (Asia) Limited\*# | Hong Kong | 100  |
| → Principal Trust Company (Hong Kong) Limited\* | Hong Kong | 100  |
| → Principal Insurance Company (Hong Kong) Limited\*# | Hong Kong | 100  |
| → <u>Principal Asset Management Berhad\*</u> | Malaysia | 60  |
| → CIMB Wealth Advisors Berhad\* | Malaysia | 100  |
| → PT Principal Asset Management | Indonesia | 100  |
| → Principal Asset Management (S) PTE LTD\*# | Singapore | 100  |
| → Principal Asset Management Company Limited\* | Thailand | 100  |
| → PT Principal International Indonesia\* | Indonesia | 100  |
| → Principal Trust Company (Asia) Limited\*# | Hong Kong | 100  |
| → Principal Investment & Retirement Services Limited\*# | Hong Kong | 100  |
| → Principal Consulting (India) Private Limited\*# | India | 100  |
| → Principal Bermuda Holding, LLC | Delaware | 100  |
| → Principal Financial Services (Bermuda) Ltd. | Bermuda | 100  |
| → <u>Principal Global Investors Holding Company, LLC\*#</u> | Delaware | 100  |
| → Principal Global Financial Services (Europe) II LTD\*# | United Kingdom | 100  |
| → Principal Global Investors (Europe) Limited\* | Wales/United Kingdom | 100  |
| → Principal Global Investors (Switzerland) GMBH\* | Switzerland | 100  |
| → Principal Global Investors (Ireland) Limited\*# | Ireland | 100  |
| → <u>PGI Origin Holding Company LTD\*#<</u> | Wales/United Kingdom | 100  |
| → Origin Asset Management LLP\*#< | Wales/United Kingdom | 94.14  |
| → Principal Corporate Secretarial Services Limited | Wales/United Kingdom | 100  |
| → Principal Real Estate Europe Limited | Wales/United Kingdom | 100  |
| → Principal Real Estate Limited | Wales/United Kingdom | 100  |
| → Principal Real Estate B.V. | Netherlands | 100  |
| → Principal Real Estate GmbH | Germany | 100  |
| → PD Frankfurt GmbH mbH | Germany | 94.9  |
| → Principal Real Estate S.á.r.l. | Luxembourg | 100  |
| → Principal Real Estate SAS | France | 100  |

---

------

---

| | | |
|:---|:---|:---|
| → Principal Real Estate S.L.U. | Spain | 100  |
| → Principal Real Estate Spezialfondsgesellschaft mbH | Germany | 94.9  |
| → Principal Global Investors (Singapore) Limited\*# | Singapore | 100  |
| → Principal Real Asset Investments Private Fund Management (Beijing) Co., Ltd. | China | 50  |
| → Principal Private Fund Management (Shanghai) Co., Ltd. | China | 100  |
| → Principal Global Investors (Hong Kong) Limited\*# | Hong Kong | 100  |
| → Principal Global Investors Holding Company (US), LLC\*# | Delaware | 100  |
| → Spectrum Asset Management, Inc.\*#< | Connecticut | 100  |
| → SAMI Brokerage LLC | Connecticut | 100  |
| → <u>Post Advisory Group, LLC\*#<</u> | Delaware | 74.64  |
| → Principal Commercial Funding, LLC\*#< | Delaware | 100  |
| → <u>Principal Global Investors, LLC\*#<</u> | Delaware | 100  |
| → Principal Real Estate Investors, LLC\*# | Delaware | 100  |
| → Principal Global Investors Trust Company\*# | Oregon | 100  |
| → Principal Shareholder Services, Inc.\*# | Washington | 100  |
| → Principal Funds Distributor, Inc.\*# | Washington | 100  |
| → Principal Islamic Asset Management SDN. BHD\*# | Malaysia | 60  |
| → <u>Principal Financial Group (Mauritius) LTD\*#</u> | Mauritius | 100  |
| → <u>Principal Life Insurance Company+#</u> | Iowa | 100  |
| → Principal Reinsurance Company of Delaware\*#< | Delaware | 100  |
| → Principal Reinsurance Company of Delaware II\*#< | Delaware | 100  |
| → <u>Principal Real Estate Holding Company, LLC\*#<</u> | Delaware | 100  |
| → GAVI PREHC HC, LLC\*#< | Delaware | 100  |
| → Principal Development Investors, LLC\*#< | Delaware | 100  |
| → Principal Real Estate Fund Investors, LLC\*#< | Delaware | 100  |
| → <u>Principal Holding Company, LLC\*#<</u> | Iowa | 100  |
| → <u>Petula Associates, LLC\*<</u> | Iowa | 100  |
| → <u>Principal Real Estate Portfolio, Inc.\*#<</u> | Delaware | 100  |
| → GAVI PREPI HC, LLC\*#< | Delaware | 100  |
| → Petula Prolix Development Company, LLC\*#< | Iowa | 100  |
| → Principal Commercial Acceptance, LLC\*#< | Delaware | 100  |
| → Principal Generation Plant, LLC\*#< | Delaware | 100  |
| → Principal Bank\*#< | Iowa | 100  |
| → Principal Advised Services, LLC | Delaware | 100  |
| → Principal Workplace Ventures, LLC | Delaware | 100  |
| → Equity FC, LTD\*#< | Iowa | 100  |
| → <u>Principal Dental Services, Inc.\*#<</u> | Arizona | 100  |
| → Employers Dental Services, Inc.\*#< | Arizona | 100  |
| → First Dental Health\*#< | California | 100  |
| → Delaware Charter Guarantee & Trust Company\*#< | Delaware | 100  |
| → Preferred Product Network, Inc.\*#< | Delaware | 100  |
| → Principal Reinsurance Company of Vermont\*# | Vermont | 100  |
| → Principal Reinsurance Company of Vermont II\*#< | Vermont | 100  |
| → Principal International Holding Company, LLC\*# | Delaware | 100  |
| → Principal Global Services Private Limited\*# | India | 100  |
| → Principal Global Services (Philippines) LLC | Philippines | 100  |
| → CCB Principal Asset Management Company, LTD\* | China | 25  |
| → <u>Principal Financial Services I (US), LLC\*#</u> | Delaware | 100  |
| → Principal Financial Services II (US), LLC\*# | Delaware | 100  |
| → <u>Principal Financial Services I (UK) LLP \*#</u> | Wales/United Kingdom | 100  |
| → Principal Financial Services V (UK) LTD.\*# | United Kingdom | 100  |
| → <u>Principal Financial Services II (UK) LTD.\*#</u> | Wales/United Kingdom | 100  |
| → <u>Principal Financial Services III (UK) LTD.\*#</u> | Wales/United Kingdom | 100  |
| → Principal Financial Services Asia (UK) LTD\*# | United Kingdom | 100  |
| → Principal Global Investors Asia (UK) Ltd | United Kingdom | 100  |
| → Principal Global Investors (Australia) Service Company Pty Limited\*# | Australia | 100  |
| → Principal Investor Management (DIFC) Limited | UAE | 100  |

---

------

---

| | | |
|:---|:---|:---|
| → <u>Principal Global Investors (Australia) Limited\*#</u> | Australia | 100  |
| → Principal Global Investors (Japan) Limited\*# | Japan | 100  |
| → <u>Principal Financial Services VI (UK) LTD\*#</u> | United Kingdom | 100  |
| → <u>Principal Global Financial Services (Europe) LTD\*#</u> | United Kingdom | 100  |
| → <u>Principal Financial Services Latin America LTD.\*#</u> | Wales/United Kingdom | 100  |
| → <u>Principal International Latin America LTD.\*#</u> | United Kingdom | 100  |
| → Principal International Mexico, LLC\*# | Delaware | 100  |
| → Principal Mexico Servicios, S.A. de C.V.\*# | Mexico | 100  |
| → Principal Innovación, S.A. de C.V. | Mexico | 100  |
| → <u>Principal Financial Group, S.A. de C. V. Grupo Financiero\*#</u> | Mexico | 100  |
| → Principal Afore, S. A. de C.V., Principal Grupo Financiero\*# | Mexico | 100  |
| → Principal Fondos de Inversión S.A. de C.V., Operadora de Fondos de Inversion, Principal Grupo Financiero\*# | Mexico | 100  |
| → Principal Seguros, S.A. de C.V., Principal Grupo Financiero\*# | Mexico | 100  |
| → <u>Principal International South America I LTD.\*#</u> | Wales/United Kingdom | 100  |
| → <u>Principal International South America II LTD.\*#</u> | Wales/United Kingdom | 100  |
| → <u>Principal International South America II LTD., Agencia En Chile\*#</u> | Chile/United Kingdom | 100  |
| → <u>Principal International de Chile, S.A.\*#</u> | Chile | 100  |
| → <u>Principal Compania de Seguros de Vida Chile S.A.\*#</u> | Chile | 100  |
| → Principal Administradora General de Fondos S.A.\*# | Chile | 100  |
| → Principal Ahorro e Inversiones S.A.\*# | Chile | 100  |
| → Principal Servicios Corporativos Chile LTDA\*# | Chile | 100  |
| → <u>Principal Servicios de Administración S.A.\*#</u> | Chile | 100  |
| → <u>Principal Holding Company Chile S.A.\*#</u> | Chile | 100  |
| → <u>Principal Chile Limitada\*#</u> | Chile | 100  |
| → <u>Administradora de Fondos de Pensiones Cuprum S.A.\*#</u> | Chile | 97  |
| → Inversiones Cuprum Internacional S.A.\*# | Chile | 100  |
| → Principal National Life Insurance Company+# | Iowa | 100  |
| → Principal Securities, Inc. | Iowa | 100  |
| → Diversified Dental Services, Inc.\*# | Nevada | 100  |
| → Principal Innovations, Inc. | Delaware | 100  |
| → Business Owner Ecosystem, Inc. | Delaware | 100  |
| → Principal Workforce, LLC | Delaware | 100  |
| → Principal Financial Services (Asia) Pte Ltd | Singapore | 100  |
| + Consolidated financial statements are filed with the SEC. |  |  |
| \* Not required to file financial statements with the SEC. |  |  |
| # Included in the consolidated financial statements of Principal Financial Group, Inc. filed with the SEC. |  |  |
| = Separate Financial statements are filed with SEC. |  |  |
| < Included in the financial statements of Principal Life Insurance Company filed with the SEC. |  |  |

---

**Item 30. Indemnification**

Sections 490.851 through 490.859 of the Iowa Business Corporation Act permit corporations to indemnify directors and officers where (A) all of the following apply: the director or officer (i) acted in good faith; (ii) reasonably believed that (a) in the case of conduct in the individual's official capacity, that the individual's conduct was in the best interests of the corporation or (b) in all other cases, that the individual's conduct was at least not opposed to the best interests of the corporation; and (iii) in the case of any criminal proceeding, the individual had no reasonable cause to believe the individual's conduct was unlawful; and (B) the individual engaged in conduct for which broader indemnification has been made permissible or obligatory under a provision of the corporation's articles of incorporation.

Unless ordered by a court pursuant to the Iowa Business Corporation Act, a corporation shall not indemnify a director or officer in either of the following circumstances: (A) in connection with a proceeding by or in the right of the corporation, except for reasonable expenses incurred in connection with the proceeding if it is determined that the director has met the relevant standard of conduct (above) or (B) in connection with any proceeding with respect to conduct for which the director was adjudged liable on the basis that the director receive a financial benefit to which he or she was not entitled, whether or not involving action in the director's official capacity.

------

Principal Life Insurance Company's By-Laws provide that it shall indemnify directors and officers against damages, awards, settlements and costs reasonably incurred or imposed in connection with any suit or proceeding to which such person is or may be made a party by reason of being a director or officer of the Company. Such rights of indemnification are in addition to any rights to indemnity to which the person may be entitled under Iowa law and are subject to any limitations imposed by the Board of Directors. The Board has provided that certain procedures must be followed for indemnification of officers, and that there is no indemnity of officers when there is a final adjudication of liability based upon acts which constitute gross negligence or willful misconduct.

Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable.In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

**Item 31. Principal Underwriters**

**(a)**&nbsp;&nbsp;&nbsp;&nbsp;**Other Activity**

Principal Securities, Inc. acts as principal underwriter for variable annuity contracts issued by Principal Life Insurance Company Separate Account B, a registered unit investment trust, and for variable life insurance contracts issued by Principal Life Insurance Company Variable Life Separate Account and Principal National Life Insurance Company Variable Life Separate Account, registered unit investment trusts. Principal Securities, Inc. also acts as principal underwriter for Principal Strategic Outcomes, an index-linked annuity contract, and Principal Strategic Income, an index-linked annuity contract, issued by Principal Life Insurance Company.

**(b)**&nbsp;&nbsp;&nbsp;&nbsp;**Management**

---

| | |
|:---|:---|
| **(1) Name and Principal Business Address** | **(2) Positions and Offices with Principal Underwriter** |
| Christopher Agbe-Davies | Vice President, Associate General Counsel and Assistant Secretary |
| Principal Financial Group<sup>(1)</sup> |  |
| Vivek Agrawal | Director |
| Principal Financial Group <sup>(1)</sup> |  |
| Chad Claire | Chief Information Officer |
| Principal Financial Group<sup>(1)</sup> |  |
| Tom Drogan | Chief Compliance Officer |
| Principal Financial Group<sup>(1)</sup> |  |
| Amy C. Friedrich | Director |
| Principal Financial Group<sup>(1)</sup> |  |
| William Froehlich | Vice President, Operations |
| Principal Financial Group<sup>(1)</sup> |  |
| Sarah Juteau | Counsel |
| Principal Financial Group<sup>(1)</sup> |  |
| Cody Lawler | Vice President, Head of Operations and Head of Supervision |

---

------

---

| | |
|:---|:---|
| Principal Financial Group<sup>(1)</sup> |  |
| Kenneth A. McCullum | Director |
| Principal Financial Group<sup>(1)</sup> |  |
| Michael F. Murray | Chairman, President and Chief Executive Officer |
| Principal Financial Group<sup>(1)</sup> |  |
| Doug Rants | Chief Information Security Officer |
| Principal Financial Group<sup>(1)</sup> |  |
| Dawn Roberts | Chief Financial Officer |
| Principal Financial Group<sup>(1)</sup> |  |
| Nathan P. Schelhaas | Director |
| Principal Financial Group<sup>(1)</sup> |  |
| Craig Spadafora | Senior Vice President |
| Principal Financial Group<sup>(1)</sup> |  |
| Dan VanWinkle | AML Officer |
| Principal Financial Group<sup>(1)</sup> |  |
| Dan L. Westholm | Assistant Vice President - Treasury |
| Principal Financial Group<sup>(1)</sup> |  |
| <sup>(1)</sup> 655 9<sup>th</sup> Street |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Des Moines, IA 50309 | &nbsp;&nbsp;&nbsp;&nbsp;Des Moines, IA 50309 |

---

**(c)**&nbsp;&nbsp;&nbsp;&nbsp;**Compensation from the Registrant**

---

| | | | | |
|:---|:---|:---|:---|:---|
| For the fiscal year ended December 31, 2025: | For the fiscal year ended December 31, 2025: |  |  |  |
| **(1)**<br>**Name of Principal Underwriter** | **(2)**<br>**Net Underwriting Discounts & Commissions** | **(3)**<br>**Compensation on Events Occasioning the Deduction of a Deferred Sales Load** | **(4)**<br>**Brokerage Commissions** | **(5)**<br>**Compensation** |
| Principal Securities, Inc. (formerly Princor Financial Services Corporation) | $45726380 | 0 | 0 | 0 |

---

------

**Item 31A. Information About Contracts with Index-Linked Options and Fixed Options Subject to a Contract Adjustment**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(a)**As of December 31, 2025:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Name of the Contract** | **Number of**<br>**Contracts**<br>**outstanding** | **Total value**<br>**attributable to**<br>**the Index-**<br>**Linked Options** | **Number of**<br>**Contracts**<br>**sold during**<br>**the prior**<br>**calendar**<br>**year** | **Gross**<br>**premiums**<br>**received**<br>**during the**<br>**prior calendar**<br>**year** | **Amount of**<br>**Contract value**<br>**redeemed**<br>**during the**<br>**prior calendar**<br>**year** | **Combination**<br>**Contract**<br>**(Yes/No)** |
| Principal Strategic Income | 5657 | $1614582017.90 | 4113 | $1072076180.45 | $43142974.97 | No\* |

---

**\*** The Contract was initially registered as a combination registered index-linked and variable annuity. The sole variable option, which served as a contingent default option in the event that the first default option was not available for investment after maturity of a Segment Option, was removed from the Contract as of May 1, 2025. No investor assets were ever in the variable option.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(b)**<u>[See Exhibit 27(r)](psipartchistoricalrates.htm)</u> 

**Item 32. Location of Accounts and Records**

N/A

**Item 33. Management Services**

N/A

**Item 34. Fee Representation and Undertakings**

With regard to the offering of the Index-Linked Segment Options under this registration statement, Principal Life Insurance Company undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. To file, during any period in which offers or sales are being made, a post-effective amendment to the registration statement to include any prospectus required by section 10(a)(3) of the Securities Act; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

------

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, Principal Life Insurance Company certifies that it means all of the requirements for effectiveness of this registration statement under rule 485(b) under the Securities Act and has duly caused this registration statement to be signed on its behalf by the undersigned, duly authorized, in the City of Des Moines, and State of Iowa, on the 20th day of May 2026.

---

| | |
|:---|:---|
| **PRINCIPAL LIFE INSURANCE COMPANY** | **PRINCIPAL LIFE INSURANCE COMPANY** |
| (Registrant) | (Registrant) |
| By : | /s/ D. D. Strable-Soethout |
|  | D. D. Strable-Soethout |
|  | Director, Chair of the Board Executive Committee Principal Life, President and Chief Executive Officer |

---

Pursuant to the requirements of the Securities Act, this registration statement has been signed by the following persons in the capacities and on the date indicated.

---

| | | |
|:---|:---|:---|
| Signature | Title | Date |
| /s/ D. D. Strable-Soethout | Director, Chair of the Board, Executive  | May 26, 2026 |
| D. D. Strable-Soethout | Committee Principal Life, President and Chief Executive Officer |  |
| /s/ Matthew D. Farney | Vice President and Controller | May 26, 2026 |
| Matthew D. Farney | (Principal Accounting Officer) |  |
| /s/ J. M. Pitz | Executive Vice President and Chief Financial Officer  | May 26, 2026 |
| J. M. Pitz | (Principal Financial Officer) |  |
| /s/ J. S. Auerbach\* | Director | May 26, 2026 |
| J. S. Auerbach |  |  |
| /s/ M. E. Beams\* | Director | May 26, 2026 |
| M. E. Beams |  |  |
| /s/ J. Carter-Miller\* | Director | May 26, 2026 |
| J. Carter-Miller |  |  |
| /s/ R. C. Hochschild\* | Director | May 26, 2026 |
| R. C. Hochschild |  |  |
| /s/ S. M. Mills\* | Director | May 26, 2026 |
| S. M. Mills |  |  |
| /s/ H. E. Mitchell\* | Director | May 26, 2026 |
| H. E. Mitchell |  |  |
| /s/ C. Muruzabal\* | Director | May 26, 2026 |
| C. Muruzabal |  |  |
| /s/ D. C. Nordin\* | Director | May 26, 2026 |

---

------

---

| | | |
|:---|:---|:---|
| D. C. Nordin |  |  |
| /s/ B. C. Pickerell\* | Director | May 26, 2026 |
| B. C. Pickerell |  |  |
| /s/ C. S. Richer\* | Director | May 26, 2026 |
| C. S. Richer |  |  |
| /s/ A. Rivera\* | Director | May 26, 2026 |
| A. Rivera |  |  |
| **\***By | /s/ D. D. Strable-Soethout | /s/ D. D. Strable-Soethout |
|  | D. D. Strable-Soethout |  |
|  | Director, Chair of the Board, President and Chief Executive Officer |  |
|  | Attorney-in-fact pursuant to Powers of Attorney filed previously |  |

---

## Ex-99.(L)(1)

Consent of Independent Registered Public Accounting Firm

We consent to the reference to our firm under the caption "Independent Registered Public Accounting Firm" in the Statement of Additional Information, dated May 1, 2026, and included in this Post-Effective Amendment No. 10 to the Registration Statement Form N-4, File No. 333-282080 of Principal Life Insurance Company (the "Registration Statement").

We also consent to the incorporation by reference of our reports (1) dated March 26, 2026 with respect to the consolidated financial statements of Principal Life Insurance Company, and (2) dated March 26, 2026 with respect to the financial statement schedules of Principal Life Insurance Company included in form N-VPFS for the year ended December 31, 2025, into this Registration Statement, filed with the Securities and Exchange Commission.

/s/ Ernst & Young LLP

Des Moines, Iowa May 26, 2026

## Ex-99.(R)

Principal Strategic Income Historical Rates

Part C, EXHIBIT <u>[27R](psipartchistoricalrates.htm)</u>

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Segment Length** | **Index** | **Protection Level** | **Crediting Method** | **Start Date** | **End Date** | **Rate Type** | **Standard Rate** |
| 1-year | S&P 500 | 10% | Buffer | 01/01/2025 | 02/28/2025 | Cap | 11.00% |
| 1-year | S&P 500 | 20% | Buffer | 01/01/2025 | 02/28/2025 | Cap | 8.50% |
| 1-year | Russell 2000 | 10% | Buffer | 01/01/2025 | 02/28/2025 | Par | 60.00% |
| 2-year | S&P 500 | 10% | Buffer | 01/01/2025 | 02/28/2025 | Par | 80.00% |
| 6-year | S&P 500 | 10% | Buffer | 01/01/2025 | 02/28/2025 | Par | 105.00% |
| 6-year | S&P 500 | 20% | Buffer | 01/01/2025 | 02/28/2025 | Par | 100.00% |
| 6-year | Russell 2000 | 10% | Buffer | 01/01/2025 | 02/28/2025 | Par | 115.00% |
| 6-year | SG Smart Climate | 10% | Buffer | 01/01/2025 | 02/28/2025 | Par | 135.00% |
| 1-year | S&P 500 | 20% | Dual Direction | 01/01/2025 | 02/28/2025 | Cap | 6.00% |
| 6-year | S&P 500 | 20% | Dual Direction | 01/01/2025 | 02/28/2025 | Par | 95.00% |
| 1-year | S&P 500 | 0% | Floor | 01/01/2025 | 02/28/2025 | Par | 35.00% |
| 1-year | S&P 500 | 10% | Floor | 01/01/2025 | 02/28/2025 | Par | 60.00% |
| 1-year | S&P 500 | 10% | Buffer | 03/01/2025 | 04/30/2025 | Cap | 11.00% |
| 1-year | S&P 500 | 20% | Buffer | 03/01/2025 | 04/30/2025 | Cap | 8.50% |
| 1-year | Russell 2000 | 10% | Buffer | 03/01/2025 | 04/30/2025 | Par | 60.00% |
| 2-year | S&P 500 | 10% | Buffer | 03/01/2025 | 04/30/2025 | Par | 80.00% |
| 6-year | S&P 500 | 10% | Buffer | 03/01/2025 | 04/30/2025 | Par | 105.00% |
| 6-year | S&P 500 | 20% | Buffer | 03/01/2025 | 04/30/2025 | Par | 100.00% |
| 6-year | Russell 2000 | 10% | Buffer | 03/01/2025 | 04/30/2025 | Par | 115.00% |
| 6-year | SG Smart Climate | 10% | Buffer | 03/01/2025 | 04/30/2025 | Par | 180.00% |
| 1-year | S&P 500 | 20% | Dual Direction | 03/01/2025 | 04/30/2025 | Cap | 6.00% |
| 6-year | S&P 500 | 20% | Dual Direction | 03/01/2025 | 04/30/2025 | Par | 95.00% |
| 1-year | S&P 500 | 0% | Floor | 03/01/2025 | 04/30/2025 | Par | 35.00% |
| 1-year | S&P 500 | 10% | Floor | 03/01/2025 | 04/30/2025 | Par | 60.00% |
| 1-year | S&P 500 | 10% | Buffer | 05/01/2025 | 10/31/2025 | Cap | 11.00% |
| 1-year | S&P 500 | 20% | Buffer | 05/01/2025 | 10/31/2025 | Cap | 8.50% |
| 1-year | Russell 2000 | 10% | Buffer | 05/01/2025 | 10/31/2025 | Par | 60.00% |
| 1-year | Nasdaq 100 | 20% | Buffer | 05/01/2025 | 10/31/2025 | Cap | 9.00% |
| 2-year | S&P 500 | 10% | Buffer | 05/01/2025 | 10/31/2025 | Par | 80.00% |

---

Classification: Internal Use

------

Principal Strategic Income Historical Rates

Part C, EXHIBIT <u>[27R](psipartchistoricalrates.htm)</u>

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| 6-year | S&P 500 | 10% | Buffer | 05/01/2025 | 10/31/2025 | Par | 105.00% |
| 6-year | S&P 500 | 20% | Buffer | 05/01/2025 | 10/31/2025 | Par | 100.00% |
| 6-year | Russell 2000 | 10% | Buffer | 05/01/2025 | 10/31/2025 | Par | 115.00% |
| 6-year | Russell 2000 | 20% | Buffer | 05/01/2025 | 10/31/2025 | Par | 100.00% |
| 6-year | Nasdaq 100 | 10% | Buffer | 05/01/2025 | 10/31/2025 | Par | 95.00% |
| 6-year | Nasdaq 100 | 20% | Buffer | 05/01/2025 | 10/31/2025 | Par | 85.00% |
| 6-year | SG Smart Climate | 10% | Buffer | 05/01/2025 | 10/31/2025 | Par | 180.00% |
| 1-year | S&P 500 | 20% | Dual Direction | 05/01/2025 | 10/31/2025 | Cap | 6.00% |
| 6-year | S&P 500 | 20% | Dual Direction | 05/01/2025 | 10/31/2025 | Par | 95.00% |
| 1-year | S&P 500 | 0% | Floor | 05/01/2025 | 10/31/2025 | Par | 35.00% |
| 1-year | S&P 500 | 10% | Floor | 05/01/2025 | 10/31/2025 | Par | 60.00% |
| 1-year | S&P 500 | 10% | Buffer | 11/01/2025 | 12/31/2025 | Cap | 11.00% |
| 1-year | S&P 500 | 20% | Buffer | 11/01/2025 | 12/31/2025 | Cap | 8.50% |
| 1-year | Russell 2000 | 10% | Buffer | 11/01/2025 | 12/31/2025 | Par | 60.00% |
| 1-year | Nasdaq 100 | 20% | Buffer | 11/01/2025 | 12/31/2025 | Cap | 9.00% |
| 2-year | S&P 500 | 10% | Buffer | 11/01/2025 | 12/31/2025 | Par | 80.00% |
| 6-year | S&P 500 | 10% | Buffer | 11/01/2025 | 12/31/2025 | Par | 102.00% |
| 6-year | S&P 500 | 20% | Buffer | 11/01/2025 | 12/31/2025 | Par | 92.00% |
| 6-year | Russell 2000 | 10% | Buffer | 11/01/2025 | 12/31/2025 | Par | 105.00% |
| 6-year | Russell 2000 | 20% | Buffer | 11/01/2025 | 12/31/2025 | Par | 95.00% |
| 6-year | Nasdaq 100 | 10% | Buffer | 11/01/2025 | 12/31/2025 | Par | 90.00% |
| 6-year | Nasdaq 100 | 20% | Buffer | 11/01/2025 | 12/31/2025 | Par | 80.00% |
| 6-year | SG Smart Climate | 10% | Buffer | 11/01/2025 | 12/31/2025 | Par | 180.00% |
| 1-year | S&P 500 | 20% | Dual Direction | 11/01/2025 | 12/31/2025 | Cap | 6.00% |
| 6-year | S&P 500 | 20% | Dual Direction | 11/01/2025 | 12/31/2025 | Par | 90.00% |
| 1-year | S&P 500 | 0% | Floor | 11/01/2025 | 12/31/2025 | Par | 35.00% |
| 1-year | S&P 500 | 10% | Floor | 11/01/2025 | 12/31/2025 | Par | 60.00% |

---

Classification: Internal Use

------

Principal Strategic Income Historical Rates

Part C, EXHIBIT <u>[27R](psipartchistoricalrates.htm)</u>

Classification: Internal Use