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IRA Beneficiary distribution formReturn by mail:Putnam InvestmentsPO Box 219697Kansas City, MO 64121-9697Return by express delivery:Putnam Investments430 W 7th Street Suite 219697Kansas City, MO 64105-1407For more information:Putnam Investments1-800-662-0019www.putnam.comUse this form to transfer and/or distribute assets from a Putnam Traditional IRA, Rollover IRA, Roth IRA, Roth Conversion, SEP IRA, SARSEP IRA, SIMPLE IRA or BeneficiaryIRA due to the death of the owner. This form is not intended for IRA registrations where Putnam Fiduciary Trust Company, LLC (“PFTC”) is not the trustee of the plan. Ifyou have any questions, please contact your financial intermediary or Putnam Investor Services. All references herein to the singular (i.e., “I” or “my”) include the pluralas applicable.Please keep the following points in mind as you complete the appropriate sections of the form: You may want to seek tax advice regarding your distribution options. It is the beneficiary’s responsibility to follow IRS distribution requirements; otherwise,penalties may apply. A certified copy of the account owner’s death certificate must be provided or already on file at Putnam before any transaction can be completed (additionalrequirements will apply for a non-resident decedent; contact Putnam for additional information). A certified copy of a death certificate must also be provided for anydeceased beneficiaries. Each beneficiary must complete and return a separate version of the IRA Beneficiary distribution form. A signature guarantee/medallion guarantee stamp is required in all cases. If you are signing this form in a legal capacity for a beneficiary, you must include the appropriate certified legal documents of appointment as guardian,conservator, attorney-in-fact, etc. Note: A legal representative generally cannot designate beneficiaries. Please contact Putnam to address any outstanding checks. Checks issued before the account owner’s death will require additional documentation in order to bereissued to the decedent’s estate. Checks issued after the account owner’s death will require reinvestment instructions before the assets can be transferred to thebeneficiary(ies). The Putnam funds do not accept new accounts for non-U.S residents. If you are not a U.S. resident, the assets will be redeemed in full immediately following thetransfer.Required sectionsDecedent information. 1Beneficiary information. 2Beneficiary instructions. 3Agreement and authorization (signature guarantee or medallion guarantee is required) . .8Optional sectionsIncome tax withholding (if applicable). 4Distribution payment instructions (if applicable). 5Name your second generation beneficiaries (if applicable). 6Financial intermediary information (if applicable) . 7Important informationIn accordance with the SECURE Act which became effective on 01/01/2020, distribution responsibilities for each beneficiary will vary based on several factors includingthe date of the original account owner’s death and the type of beneficiary designated to received the assets. Please consult a tax advisor with any questions. Failure tocomplete distributions by specific deadlines can result in tax penalties.Form terminology:A first generation beneficiary is an individual or entity who inherits assets from the original owner’s individual retirement account (IRA). A first generation beneficiarymay designate recipients to inherit any remaining assets in the beneficiary IRA.A second generation beneficiary is an individual or entity who is a designated recipient of a first generation beneficiary’s Beneficiary IRA. References herein to asecond generation beneficiary include individuals or entities who are considered second generation or greater (e.g., third generation, etc.).A non-designated beneficiary is a first or second generation beneficiary for whom distributions over a life expectancy basis are not permitted under federal law. Thisincludes an entity (e.g., estate, charity, non-qualifying trust, etc.), or an individual who is one of multiple designated beneficiaries where one of the beneficiaries is anentity and the decedent’s assets were not distributed prior to 12/31 of the year following death.Additional requirements:Please note that in addition to this form and the applicable death certificate(s) indicated above, additional documentation will be required for entity beneficiaries: Probated estates: Attach letters of administration or letters testamentary bearing the original certification from the issuing court clerk within 120 days. Non-probated estates: Attach the settlement of small estate; rules vary by state and depend upon the dollar amount. Each heir named in the settlement of smallestate must complete a separate form. Trusts: Attach a copy of the trust agreement. The trust agreement must include at least the first page, the signature page and the page naming the trustees orsuccessor trustees. If the trust is considered to be qualified as defined by applicable Treasury regulations the trust agreement must also include the page namingthe beneficiaries of the trust. All trust agreements must have an original certification dated within 120 days. Other entities: Attach a document proving authority to act on behalf of the organization such as a corporate resolution or resolution of governing body;documents must be original and certified within 120 days.FM313N 07/21 1 of 9

IRA Beneficiary distribution formReturn by mail:Putnam InvestmentsPO Box 219697Kansas City, MO 64121-9697Return by express delivery:Putnam Investments430 W 7th Street Suite 219697Kansas City, MO 64105-1407For more information:Putnam Investments1-800-662-0019www.putnam.comUse this form to request a transfer and/or distribution from a Putnam IRA due to the death of the account owner. This form is not intended for IRA registrations wherePutnam Fiduciary Trust Company, LLC (PFTC, LLC) is not the trustee of the plan. For IRA registrations invested in Putnam funds that are held by other trustees orcustodians, please contact the trustee/custodian of your plan for more information.Section 1 Decedent informationName of decedent (required)FirstMILastSuffixSocial Security number (required) 4 1333333334Date of birth (mm/dd/yyyy; required)Date of death (mm/dd/yyyy; required)13333333341333333334Section 2 Beneficiary information2A: Beneficiary information (beneficiary of the decedent named in Section 1)Name of beneficiary (Individual, Trust, or Entity; required)Social Security/Tax ID number (required)Date of birth (mm/dd/yyyy; required)1333333333333333334 1333333334 133333334Name of Trustee / Executor / Authorized Signer (if applicable)Social Security number (required)Date of birth (mm/dd/yyyy; required)1333333333333333334 1333333334 133333334Name of Co-Trustee / Co-Executor / Co-Authorized Signer (if applicable)Social Security number (required)Date of birth (mm/dd/yyyy; required)1333333333333333334 1333333334 133333334Beneficiary mailing address (street, city, state, ZIP code; Beneficiary residential address (street, city, state, ZIP code; required if the mailing address is a P.O. Box or c/o ontact phone numberE-mail address13333333334 13333333333333333333333333334Note: Providing an e-mail address and/or phone number above will replace the current contact information on file with Putnam (if applicable). No changes will bemade for fields that are left blank. If you are enrolled in electronic delivery, all notifications will be sent to the e-mail address listed above.Electronic delivery of account documentso I want to “Go Green” and reduce paper, printing and mailing by receiving documents electronically.By checking the “Go Green” box above, an e-mail will be sent to the e-mail address provided above with a link to Putnam’s secure Investor Website, which will allow youto choose your eDelivery options. Documents available for eDelivery include transaction confirmations, quarterly statements, prospectuses, annual/semiannual fundreports, proxy statements, and tax forms. When a new document is available, instead of sending the document to you by U.S. mail, Putnam Investor Services will sendyou an e-mail notification that the document is available via Putnam’s website. Terms and Conditions related to eDelivery will be provided to you prior to confirmationof your elections.2B: Trustee residential address information (required only when the beneficiary listed in Section 2A is a trust)Trustee residential address (street, city, state, ZIP code; required if different from the beneficiary o-Trustee residential address (street, city, state, ZIP code; required if different from the beneficiary M313N 07/21 2 of 9

Section 3 Beneficiary instructionsAssets will be transferred in kind to a Beneficiary IRA unless otherwise indicated on a separate letter of instruction. If different funds or allocations are indicated, an exchangewill take place following the transfer, which may not be processed on the date of receipt of instructions in good order. Your RMD (if applicable) will be calculated using theSingle Lifetime Table for assets held in a Beneficiary IRA.Step 1A: Transfer instructionsPlease indicate the type of beneficiary below:When the assets will be transferred directly from the original owner to the beneficiary named in Section 2, indicate the applicable beneficiary type below: First Generation Eligible Designated Sole Spouse Beneficiary: Select this option if you are the surviving spouse of the decedent and you are electing to transfer theassets to a new Putnam Beneficiary IRA. First Generation Eligible Designated Beneficiary – Special Circumstance: Select this option if you are eligible for Life Expectancy payments (an eligible designatedbeneficiary not more than 10 years younger than original account owner, a chronically Ill beneficiary, or a disabled beneficiary) First Generation Eligible Designated Minor Beneficiary of Deceased Owner: Select this option if the inherited IRA is for a minor who is a direct descendent (son ordaughter) of the deceased shareholder. First Generation Designated Beneficiary: Select this option if you are an individual who is more than 10 years younger than the decedent and does not meet therequirements for a special circumstance. First Generation Non-Designated Beneficiary: Select this option if the IRA will be transferred to an entity beneficiary (e.g., estate, charity, non-qualifying trust, orother entity) or in a multiple beneficiary scenario in which one of the beneficiaries is an entity and the decedent’s assets were not distributed prior to 12/31 of the yearfollowing death. First Generation Beneficiary Qualifying Trust: Select this option if the beneficiary is a trust that is considered to be a qualifying trust as defined by applicableTreasury regulations. A trust can only be considered qualifying when the trust meets all of the following criteria: Is irrevocable, or becomes irrevocable upon the death of the owner Has an identifiable beneficiary or beneficiaries Is valid under state law, or would be valid except there is no corpus Putnam must receive an excerpt of the certified trust agreement that includes the first page, all signed pages, and the designation of trustees before October 31 inthe year following the death of the shareholderWhen the assets will be transferred from a Beneficiary IRA (not the original owner) to the beneficiary named in Section 2, indicate the beneficiary type below: Second Generation Beneficiary: Select this option if you are a second generation or greater beneficiary. Your distribution options and responsibilities will vary basedon the relationship between the first-generation beneficiary and the original owner.Step 1B: Parent/Guardian information for a minor beneficiaryComplete this section if the beneficiary named in Section 2 is a minor. A parent/guardian must be listed in order for a minor beneficiary to have a Beneficiary retirementaccount established in their name. It is not possible for the parent/guardian to designate beneficiaries on the minor’s behalf.Name of parent/guardian (required only if you are opening a Beneficiary retirement account for a minor)FirstMILastSuffixSocial Security number (required) 4 1333333334Relationship to minor: Parent (the minor’s birth certificate is required to verify the relationship) Court appointed guardian (attach the letter of appointment bearing the original certification from the issuing court clerk within 120 days).Step 2: Immediate distribution instructionsChoose one of the withdrawl options below for the assets being transferred as indicated in Step 1. Take no distributions at this time (default option). Distribute 100% of the assets being transferred as indicated in Step 1, made payable according to the distribution payment instructions in Section 5. Distribute my current year portion of the RMD, if applicable (e.g. the decedent had attained the age of distribution, the account is not a Roth IRA, the RMD has notalready been satisfied for the current year, the RMD has not been waived for the current year by federal law, etc.), for the assets received from the decedent’s IRAaccount (as named in Section 1). Distributions requested in the year of death will be based on the decedent’s remaining required minimum amount. Distributionsrequested when death occurred in a previous year will be based on the beneficiary’s required minimum amount for the current year. Distributions will be madeproportionately.Important: Consult a tax advisor if death occurred in a prior year to ensure that all required distributions have been satisfied or tax penalties may apply. Process a partial distribution for the assets being transferred as indicated in Step 1 using the dollar amounts listed below:Fund numberDollar amountFund numberDollar amount12224 13333333334 12224 13333333334FM313N 07/21 3 of 9

Section 3 Beneficiary instructions (continued)Step 3: Systematic distribution instructionsChoose one of the systematic distribution options below. Do not establish a systematic distribution program at this time (default option). Failure to satisfy an RMD may result in tax penalties.Establish a systematic distribution program for life expectancy payments based on one of the qualification reasons listed below. If this systematic option isselected in connection with a request to distribute the current year RMD in Step 2, the systematic program will have the start date deferred until the followingyear. Distributions will be made proportionately. The decedent passed away prior to 01/01/2020 (prior to 01/01/2022 for participants of 403(b) plans sponsored by a public school system or agovernmental entity as described in IRC 414(d)(A)) The decedent passed away after 12/31/2019 and the beneficiary is eligible to utilize the Single Lifetime table to calculate life expectancy payments due toone or more of the qualifications below. The beneficiary was the surviving spouse of the decedent and the money is held in a beneficiary retirement account The beneficiary was less than 10 years younger than the decedent at the time of the decedent’s passing The beneficiary has been diagnosed with a disability as described in IRC 72(m)(7) The beneficiary has been diagnosed with a chronic illness as described in IRC 7702B(c)(2) The beneficiary is an eligible minor child as described in IRC 409(a)(9)(F) The decedent passed away after 12/31/2019 and had attained the required beginning date for the RMD. Please consult a tax advisor prior to electing thisoption as you may still be required to close the account within a 5-year (entity beneficiary) or 10-year (non-spouse individual) timeframe in accordancewith the SECURE Act.Indicate how often you would like to take distributions. Putnam will default to once per year if no option is selected:Frequency: o Distribute every month or o Distribute only in the month(s) selected below:o Jano Febo Maro Apro Mayo Juneo Julyo AugIndicate the month, day, and year you wish to begin scheduled payments. Putnamwill default to the 15th of the next applicable month if no date is selected:o Septo Octo Novo DecDate 1st through 28th (mm/dd/yyyy)13333333334Note: Drafts requested for January 1st will be delayed to allow for the completion of the year end life expectancy payment calculation and will be processed using atrade date of the first business day of the year. Drafts are not available for the 29th-31st; if an invalid draft date is selected Putnam will default to the 15th.When (1) there are additional non-spouse beneficiaries who failed to segregate their assets prior to December 31st of the year following death or (2) the beneficiary is atrust that is considered to be qualified as defined by applicable Treasury regulations, the eldest named beneficiary’s date of birth is required to ensure that life expectancypayments are properly calculated. If applicable please provide the eldest beneficiary’s date of birth: / /Section 4 Income tax withholding (if applicable)Federal Income TaxesFederal income taxes will be withheld at a rate of 10% (except for Roth IRA/Beneficiary Roth IRA plans) unless you elect not to have taxes withheld or provide a differentrate below. Please see below for the situations in which Putnam withholds state taxes.If you have elected systematic distributions, the election you make below will apply to all your distributions.IRA federal withholding (except for Roth IRA/Beneficiary Roth IRA plans)o Do not withhold federal income tax from my total distribution.oWithhold federal income tax at a rate of %.o Withhold my taxes from the distribution proceeds, gross (this will be the default withholding option if no choice is made).o Withhold my taxes from the remaining account balance, net (only allowed for one time distributions) .Roth federal withholding (Putnam will default to no federal withholding for Roth IRA/Beneficiary Roth IRA distributions unless specified below)o Withhold federal income tax at a rate of %.o Withhold my taxes from the distribution proceeds, gross (this will be the default withholding option if no choice is made).o Withhold my taxes from the remaining account balance, net (only allowed for one time distributions).State income taxesPutnam will withhold state income taxes if your address of record is in one of the following states: AR, CA, CT*, DE, IA, KS, MA, ME, MI*, NC, OK, OR, VT or the District ofColumbia (DC)** and federal income tax is being withheld. State tax withholding requirements vary by state.*Residents of CT or MI will have state income taxes withheld regardless of federal income tax withholding. To opt out of CT or MI state income taxes, the appropriatestate specific form must be submitted with this distribution request or already on file with Putnam.**Residents of DC will have local income taxes withheld on 100% distributions regardless of federal income tax withholding.Note: Whether or not you elect to have federal and, if applicable, state tax withholding applied, you are responsible for the full payment of federal income tax, any stateor local taxes, and any penalties that may apply to your distribution. You may be responsible for estimated tax payments and could incur penalties if your estimated taxpayments are not sufficient.FM313N 07/21 4 of 9

Section 5 Distribution payment instructions (if applicable)Select your payment instructions below; if no selection/instructions are provided, any requested distributions will be made payable to the beneficiary as registeredat the mailing address listed in Section 2 via the U.S. Postal Service (standard delivery). Do not use this section to request a transfer of assets to a Beneficiary IRAwith a new custodian. Transfers to a Beneficiary IRA with another company must be initiated with the receiving company’s paperwork and must include a letter ofacceptance.ReinvestProceeds must be reinvested into the same share class. Unless otherwise indicated on a separate letter of instruction or a new account application, proceeds will alsobe reinvested into the same fund(s) for non-retirement accounts. Investment options must be provided for proceeds reinvested into 529 for America accounts.oInto a new/existing Putnam non-retirement account or 529 for America account. Please attach the applicable completed account application when establishing anew account.Account number (if applicable)Name(s) of the new/registered owner(s), custodian/minor, trust, organization or business entity (required)12222222224 133333333333333333333333333334Note: Assets cannot be systematically distributed into a 529 for America account.Electronically deposito Into the bank account indicated on the attached document. A preprinted or web-generated voided check/deposit slip or a signed letter from the bank on bankletterhead must be attached. Each of these documents must include: bank name, name(s) as registered on the bank account, routing number and accountnumber. Brokerage checks and investment company checks cannot be used for bank instructions as these checks do not contain the correct wiring informa tion.Contact your investment company to obtain proper wire instructions on signed letterhead. Starter checks will not be accepted. Please do not staple.tape your document hereIndicate the type of bank account you would like to use: o Checking account o Savings accountNote: One-time distributions will be sent via Federal bank wire; systematic redemptions will be sent via Automated Clearing House (ACH). Putnam does not assessa fee for electronic transactions; however, some banks/credit unions may assess a fee upon receipt. Please check with your financial institution for informationregarding eligibility, fees, and applicable routing number(s) for Federal bank wire and/or ACH transactions.ABA routing number of financial institutionBank account number133333333333333334 133333333333333334Name(s) of all bank account owner(s)133333333333333333333333333333333334Send checkStep 1: Select a delivery methodo Mail check(s) via U.S. Postal Service (standard delivery)o Mail check(s) via overnight/express delivery (not available for systematic distributions)Indicate the 20 overnight/express fee source, otherwise Putnam will defaultto taking the fee from the lowest fund-account involved in the transaction.The fee will be taken from the balance of the account.Step 2: Provide payee/address instructionso To the beneficiary as registered at the mailing address listed in Section 2A.o To the alternate payee/alternate address listed below:Fund numberAccount number12224 — 12222222224Alternate te mailing address (street, city, state, ZIP code)13333333333333333333333333333333333334FM313N 07/21 5 of 9

Section 6 Name your second generation beneficiaries (if applicable)If you have requested a 100% distribution in Section 3, skip to Section 8. If this section is left blank or not returned, no second generation beneficiary will be designatedfor your account.Complete Sections 6A and 6B to designate primary and contingent second generation beneficiary respectively for assets payable from the Plan in the event of yourdeath. For each second generation beneficiary, PFTC, LLC requires the full name, tax identification number, and date of birth or date of trust (if applicable). If youname multiple primary or contingent second generation beneficiaries, please specify the percentage each is to receive. If no percentage is specified, your account willbe divided among your surviving primary second generation beneficiaries in substantially equal amounts. If no primary second generation beneficiaries survive you,your account will be divided among your surviving contingent second generation beneficiaries. If you do not designate any second generation beneficiaries, or if noneof your second generation beneficiaries survive you, your account will be distributed to your estate.Important: PFTC, LLC does not accept customized second generation beneficiary designations (for example, designations which involve multiple contingencieswithin a primary or contingent second generation beneficiary category) or “per stirpes” designations. All second generation beneficiaries must be designated as eitherprimary or contingent and must include all identifying information referenced above. PFTC, LLC generally cannot accept second generation beneficiary designationsfrom attorneys-in-fact, conservators, or guardians. Entities such as trusts or estates cannot designate second generation beneficiaries.6A: Primary second generation beneficiaries:Percentages for primary second generation beneficiaries must equal 100%.Name of individual (First, MI, Last)/Full name of entity/trust (required)Relationshipo SpousePercentage13333333333333333333341224.124 %1333333333334 1333333333334 3334Social Security/Tax ID number (required)oDate of birth (mm/dd/yyyy; required for an individual)OtherDate of trust (mm/dd/yyyy; required for a trust)Residential address (street, city, state, ZIP code)Name of individual (First, MI, Last)/Full name of entity/trust (required)Relationshipo SpousePercentage13333333333333333333341224.124 %1333333333334 1333333333334 3334Social Security/Tax ID number (required)oDate of birth (mm/dd/yyyy; required for an individual)OtherDate of trust (mm/dd/yyyy; required for a trust)Residential address (street, city, state, ZIP code)Name of individual (First, MI, Last)/Full name of entity/trust (required)Relationshipo SpousePercentage13333333333333333333341224.124 %1333333333334 1333333333334 3334Social Security/Tax ID number (required)oDate of birth (mm/dd/yyyy; required for an individual)OtherDate of trust (mm/dd/yyyy; required for a trust)Residential address (street, city, state, ZIP code)Name of individual (First, MI, Last)/Full name of entity/trust (required)Relationshipo SpousePercentage13333333333333333333341224.124 %1333333333334 1333333333334 3334Social Security/Tax ID number (required)Date of birth (mm/dd/yyyy; required for an individual)oOtherDate of trust (mm/dd/yyyy; required for a trust)Residential address (street, city, state, ZIP code)Total primary allocations must equal 100%1 00.12400 %1224FM313N 07/21 6 of 9

Section 6 Name your second generation beneficiaries (continued)6B: Contingent second generation beneficiaries:Percentages for contingent second generation beneficiaries must equal 100%.Name of individual (First, MI, Last)/Full name of entity/trust (required)Relationshipo SpousePercentage13333333333333333333341224.124 %1333333333334 1333333333334 3334Social Security/Tax ID number (required)oDate of birth (mm/dd/yyyy; required for an individual)OtherDate of trust (mm/dd/yyyy; required for a trust)Residential address (street, city, state, ZIP code)Name of individual (First, MI, Last)/Full name of entity/trust (required)Relationshipo SpousePercentage13333333333333333333341224.124 %1333333333334 1333333333334 3334Social Security/Tax ID number (required)oDate of birth (mm/dd/yyyy; required for an individual)OtherDate of trust (mm/dd/yyyy; required for a trust)Residential address (street, city, state, ZIP code)Name of individual (First, MI, Last)/Full name of entity/trust (required)Relationshipo SpousePercentage13333333333333333333341224.124 %1333333333334 1333333333334 3334Social Security/Tax ID number (required)oDate of birth (mm/dd/yyyy; required for an individual)OtherDate of trust (mm/dd/yyyy; required for a trust)Residential address (street, city, state, ZIP code)Name of individual (First, MI, Last)/Full name of entity/trust (required)Relationshipo SpousePercentage13333333333333333333341224.124 %1333333333334 1333333333334 133333333333413333333333333333333333333

Use this form to transfer and/or distribute assets from a Putnam Traditional IRA, Rollover IRA, Roth IRA, Roth Conversion, SEP IRA, SARSEP IRA, SIMPLE IRA or Beneficiary IRA due to the death of the owner. This form is not intended for IRA registrations where Putnam Fiduciary Trust Company, LLC ("PFTC") is not the trustee of the plan. If