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Company Leaders

    Betsy J. Bernard , , , Past President – AT&T

    Betsy J. Bernard has been a Director of the Company since 2001 and of Principal Life since 1999. Ms. Bernard was President of AT&T from October 2002 until December 2003. Prior to October 2002, she was Chief Executive Officer of AT&T Consumer since April 2001.

    Ms. Bernard is also a director of two other public companies: SITO Mobile, Inc. and Zimmer Holdings, Inc.

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    Jocelyn Carter-Miller , , , President – TechEd Ventures

    Jocelyn Carter-Miller has been a Director of the Company since 2001 and of Principal Life since 1999. Ms. Carter-Miller has been President of TechEd Ventures, which specialized in the development and marketing of high performance educational and personal empowerment programming since 2005. Ms. Carter-Miller was Executive Vice President and Chief Marketing Officer of Office Depot, Inc. from February 2002 until March 2004. Prior to that time, Ms. Carter-Miller was Corporate Vice President and Chief Marketing Officer of Motorola, Inc.

    Ms. Carter-Miller is a director of two other public companies: Interpublic Group of Companies, Inc. and NetGear, Inc.

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    Gary E. Costley , , Ph.D. , , Retired Chairman and Chief Executive Officer – International Multifoods Corporation

    Gary E. Costley has been a Director of the Company and Principal Life since 2002. He was Chairman and Chief Executive Officer of International Multifoods Corporation, a manufacturer and marketer of branded consumer food and food service products, from November 1997 until June 2004 and following his retirement from International Multifoods was a cofounder and managing director of C & G Capital Management, LLC until May 2009.

    He is a director of two other public companies: Tiffany & Co. and Prestige Brand Holdings, Inc. (Lead Director).

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    Michael T. Dan , , , Retired Chairman, President and Chief Executive Officer – The Brink's Company

    Michael T. Dan has been a Director of the Company and Principal Life since 2006. He served as Chairman, President and Chief Executive Officer of The Brink's Company, a global provider of secure transportation and cash management services, from 1999-2011.

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    Dennis H. Ferro , , , Retired President and Chief Executive Officer – Evergreen Investment Management Company

    Dennis H. Ferro has been a Director of the Company and Principal Life since 2010. Mr. Ferro served as President and Chief Executive Officer of Evergreen Investment Management Company, an asset management firm, from 2003 - 2008, and was the Chief Investment Officer of Evergreen from 1999 to 2003. From 1994-1999, he was Executive Vice President of Zurich Investment Management Ltd. and from 1991-1994 was Senior Managing Director of CIGNA International Investments.

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    C. Daniel Gelatt , , , Ph.D., President of NMT Corporation

    C. Daniel Gelatt has been a Director of the Company since 2001 and of Principal Life since 1988. Dr. Gelatt has been President of NMT Corporation, an industry leader in mobile mapping and workforce automation software and has been providing analog and digital imaging services to clients worldwide for more than 40 years, since 1987.

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    Sandra L. Helton , , , Past Executive Vice President and Chief Financial Officer – Telephone and Data Systems, Inc.

    Sandra L. Helton has been a Director of the Company and Principal Life since 2001. Ms. Helton was Executive Vice President and Chief Financial Officer of Telephone and Data Systems, Inc., a diversified telecommunications corporation, from 1998 through 2006.

    She is a director of one other public company, LexMark International, Inc.

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    Roger C. Hochschild , , , President and Chief Operating Officer – Discover Financial Services

    Roger C. Hochschild has been a Director of Principal Financial Group, Inc. and Principal Life Insurance Company since March 18, 2015.

    Mr. Hochschild has been the President and Chief Operating Officer of Discover Financial Services since 2004. He served as the Chief Administrative Officer, Executive Vice President and Chief Strategy Officer of Morgan Stanley from 2001 to 2004. He served as Chief Marketing Officer of Discover Financial Services from 1998 to 2001. He served as a Senior Executive Vice President of MBNA America Bank from 1994 to 1998. He has been a Director of Student Loan Corp. since December 31, 2010.

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    Daniel J. Houston , , , President and Chief Operating Officer – Principal Financial Group

    Daniel J. Houston has been a Director of the Company and Principal Life since November 25, 2014. He has been President and Chief Operating Officer of the Company and Principal Life since November 25, 2014. He was President of Retirement, Insurance and Financial Services 2009 – November 2014.

    Mr. Houston is active on a number of boards including the Partnership for a Healthier America, Employee Benefits Research Institute, America’s Health Insurance Plans, United Way of Central Iowa, Mercy Medical Center and the Iowa State University Business School Dean’s Advisory Council.

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    Elizabeth E. Tallett , , , Past Principal – Hunter Partners, LLC; Independent Consultant

    Elizabeth E. Tallett has been a Director of the Company since 2001 and of Principal Life since 1992. Ms. Tallett was Principal of Hunter Partners, LLC, a management company for early to mid stage pharmaceutical, biotech and medical device companies, from July 2002 - February 2015. She continues to operate as a consultant to early stage pharmaceutical and healthcare companies.

    She is a director of three other public companies: Meredith Corporation; Qiagen, N.V.; and Anthem, Inc.

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    Larry D. Zimpleman , , , Chairman and Chief Executive Officer – Principal Financial Group

    Larry D. Zimpleman has been a Director of the Company and Principal Life since 2006. He has been Chairman and Chief Executive Officer of the Company and Principal Life since November 25, 2014. He was Chairman, President and Chief Executive Officer of the Company and Principal Life from May 2009 – November 2014, President and Chief Executive Officer of the Company and Principal Life from May 2008 to May 2009, President and Chief Operating Officer of the Company and Principal Life from June 2006 to May 2008, and President, Retirement and Investor Services of the Company and of Principal Life from December 2003 to June 2006.

    Mr. Zimpleman is a member of the board of directors of the American Council of Life Insurers and chairs the board of trustees of Drake University. He is chair of the Iowa Business Council and Chair of the Financial Services Roundtable.

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