<SEC-DOCUMENT>0001193125-17-168725.txt : 20170512
<SEC-HEADER>0001193125-17-168725.hdr.sgml : 20170512
<ACCEPTANCE-DATETIME>20170512165658
ACCESSION NUMBER:		0001193125-17-168725
CONFORMED SUBMISSION TYPE:	DEF 14A
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20170630
FILED AS OF DATE:		20170512
DATE AS OF CHANGE:		20170512
EFFECTIVENESS DATE:		20170512

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PIMCO Income Strategy Fund II
		CENTRAL INDEX KEY:			0001296250
		IRS NUMBER:				201619298
		FISCAL YEAR END:			0731

	FILING VALUES:
		FORM TYPE:		DEF 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21601
		FILM NUMBER:		17839554

	BUSINESS ADDRESS:	
		STREET 1:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		212 739-4000

	MAIL ADDRESS:	
		STREET 1:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PIMCO Floating Rate Strategy Fund
		DATE OF NAME CHANGE:	20040701

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PIMCO HIGH INCOME FUND
		CENTRAL INDEX KEY:			0001219360
		IRS NUMBER:				383676799
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		DEF 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21311
		FILM NUMBER:		17839555

	BUSINESS ADDRESS:	
		STREET 1:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		212-739-3000

	MAIL ADDRESS:	
		STREET 1:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PIMCO STRATEGIC INCOME FUND, INC
		CENTRAL INDEX KEY:			0000916183
		IRS NUMBER:				943194834
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		DEF 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-08216
		FILM NUMBER:		17839556

	BUSINESS ADDRESS:	
		STREET 1:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		212 739 4000

	MAIL ADDRESS:	
		STREET 1:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PIMCO STRATEGIC GLOBAL GOVERNMENT FUND INC
		DATE OF NAME CHANGE:	20041005

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RCM STRATEGIC GLOBAL GOVERNMENT FUND INC
		DATE OF NAME CHANGE:	19931214

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PIMCO Dynamic Income Fund
		CENTRAL INDEX KEY:			0001510599
		IRS NUMBER:				274580758
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		DEF 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-22673
		FILM NUMBER:		17839557

	BUSINESS ADDRESS:	
		STREET 1:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		212-739-4000

	MAIL ADDRESS:	
		STREET 1:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PIMCO INCOME STRATEGY FUND
		CENTRAL INDEX KEY:			0001244183
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		DEF 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21374
		FILM NUMBER:		17839558

	BUSINESS ADDRESS:	
		STREET 1:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		212-739-4000

	MAIL ADDRESS:	
		STREET 1:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PIMCO FLOATING RATE INCOME FUND
		DATE OF NAME CHANGE:	20030619

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PIMCO Global StocksPLUS & Income Fund
		CENTRAL INDEX KEY:			0001318025
		IRS NUMBER:				202726382

	FILING VALUES:
		FORM TYPE:		DEF 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21734
		FILM NUMBER:		17839559

	BUSINESS ADDRESS:	
		STREET 1:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		212 739-4000

	MAIL ADDRESS:	
		STREET 1:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PIMCO Global StocksPLUS Income Fund
		DATE OF NAME CHANGE:	20050321

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PIMCO International StocksPLUS Income Fund
		DATE OF NAME CHANGE:	20050216
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEF 14A
<SEQUENCE>1
<FILENAME>d293100ddef14a.htm
<DESCRIPTION>NOTICE & PROXY
<TEXT>
<HTML><HEAD>
<TITLE>Notice &amp;amp; Proxy</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SCHEDULE 14A </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>(Rule <FONT STYLE="white-space:nowrap">14a-101)</FONT> </B></P> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000">&nbsp;</P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>INFORMATION REQUIRED IN PROXY
STATEMENT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SCHEDULE 14A INFORMATION </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Proxy Statement Pursuant to Section&nbsp;14(a) of the </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Securities Exchange Act of 1934 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>(Amendment No.&nbsp;&nbsp;&nbsp;&nbsp;) </B></P> <P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000">&nbsp;</P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Filed by the
Registrant&nbsp;&nbsp;&#9745;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Filed by a Party other than the
Registrant&nbsp;&nbsp;&#9744; </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Check the appropriate box: </P> <P STYLE="font-size:16pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top">Preliminary Proxy Statement </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"><B>Confidential, for Use of the Commission Only (as permitted by Rule <FONT STYLE="white-space:nowrap">14a-6(e)(2))</FONT></B> </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left">&#9745;</TD>
<TD ALIGN="left" VALIGN="top">Definitive Joint Proxy Statement </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top">Definitive Additional Materials </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top">Soliciting Material Under Rule <FONT STYLE="white-space:nowrap">14a-12</FONT> </TD></TR></TABLE> <P STYLE="font-size:22pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:1pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>PIMCO Strategic Income Fund, Inc. (&#147;RCS&#148;) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>PIMCO Global StocksPLUS&nbsp;&amp; Income Fund (&#147;PGP&#148;) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>PIMCO High Income Fund (&#147;PHK&#148;) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>PIMCO Dynamic Income Fund (&#147;PDI&#148;) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>PIMCO Income Strategy Fund (&#147;PFL&#148;) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>PIMCO Income Strategy Fund II (&#147;PFN&#148;) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Name of Registrant as Specified in its Charter) </B></P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:7.5pt; font-family:Times New Roman" ALIGN="center"><B>(Name of Person(s) Filing Proxy Statement, if other than the Registrant) </B></P>
<P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Payment of Filing Fee (Check the appropriate box): </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="font-size:14pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="1%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="93%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#9745;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3">No fee required.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#9744;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3">Fee computed on table below per Exchange Act Rules <FONT STYLE="white-space:nowrap">14a-6(i)(4)</FONT> and <FONT STYLE="white-space:nowrap">0-11.</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">(1)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Title of each class of securities to which transaction applies:</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="21"></TD>
<TD HEIGHT="21" COLSPAN="2"></TD>
<TD HEIGHT="21" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">(2)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Aggregate number of securities to which transaction applies:</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="21"></TD>
<TD HEIGHT="21" COLSPAN="2"></TD>
<TD HEIGHT="21" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">(3)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule <FONT STYLE="white-space:nowrap">0-11</FONT> (set forth the amount on which the filing fee is calculated and state how it was
determined):</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="21"></TD>
<TD HEIGHT="21" COLSPAN="2"></TD>
<TD HEIGHT="21" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">(4)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Proposed maximum aggregate value of transaction:</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="21"></TD>
<TD HEIGHT="21" COLSPAN="2"></TD>
<TD HEIGHT="21" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">(5)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Total fee paid:</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="21"></TD>
<TD HEIGHT="21" COLSPAN="2"></TD>
<TD HEIGHT="21" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#9744;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3">Fee paid previously with preliminary materials:</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&#9744;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3">Check box if any part of the fee is offset as provided by Exchange Act Rule <FONT STYLE="white-space:nowrap">0-11(a)(2)</FONT> and identify the filing for which the offsetting fee was paid previously. Identify the
previous filing by registration statement number, or the Form or Schedule and the date of its filing.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">(1)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Amount Previously Paid:</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24"></TD>
<TD HEIGHT="24" COLSPAN="2"></TD>
<TD HEIGHT="24" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">(2)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form, Schedule or Registration Statement No.:</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24"></TD>
<TD HEIGHT="24" COLSPAN="2"></TD>
<TD HEIGHT="24" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">(3)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Filing Party:</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24"></TD>
<TD HEIGHT="24" COLSPAN="2"></TD>
<TD HEIGHT="24" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">(4)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Date Filed:</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24"></TD>
<TD HEIGHT="24" COLSPAN="2"></TD>
<TD HEIGHT="24" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P></TD></TR>
</TABLE> <P STYLE="font-size:36pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">NOTICE OF JOINT ANNUAL MEETING OF SHAREHOLDERS </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">TO BE HELD ON JUNE&nbsp;30, 2017 </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>PIMCO STRATEGIC INCOME FUND, INC. (&#147;RCS&#148;) </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PIMCO GLOBAL
STOCKSPLUS&nbsp;&amp; INCOME FUND (&#147;PGP&#148;) </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PIMCO HIGH INCOME FUND (&#147;PHK&#148;) </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PIMCO DYNAMIC INCOME FUND (&#147;PDI&#148;) </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>PIMCO INCOME STRATEGY FUND (&#147;PFL&#148;) </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PIMCO INCOME STRATEGY FUND
II (&#147;PFN&#148;) </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>1633 Broadway </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>New York, New York 10019 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">To the Shareholders of PIMCO Strategic Income
Fund, Inc. (&#147;RCS&#148;), PIMCO Global StocksPlus&nbsp;&amp; Income Fund (&#147;PGP&#148;), PIMCO High Income Fund (&#147;PHK&#148;), PIMCO Dynamic Income Fund (&#147;PDI&#148;), PIMCO Income Strategy Fund (&#147;PFL&#148;) and PIMCO Income
Strategy Fund II (&#147;PFN&#148;) (each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;): </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%;padding-bottom:0px; "><FONT STYLE="font-family:Times New Roman" SIZE="2">Notice is hereby given that a Joint Annual Meeting of Shareholders of each Fund (the &#147;Meeting&#148;) will be
held at the offices of Pacific Investment Management Company LLC (&#147;PIMCO&#148; or the &#147;Manager&#148;), at 1633 Broadway, between West 50</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">th</SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;and West 51</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">st</SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;Streets, 42</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">nd</SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;Floor, New York, New York 10019, on Friday, June&nbsp;30, 2017, with the Meeting to be held at 9:30 A.M., Eastern
Time, for the following purposes, which are more fully described in the accompanying Proxy Statement: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">1.</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">To elect
Trustees/Directors</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1</SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"> of each Fund, each to hold office for
the term indicated and until his or her successor shall have been elected and qualified; and </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">2.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">To transact such other business as may properly come before the Meeting or any adjournment(s) or postponement(s) thereof. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Board of Trustees of each Fund has fixed the close of business on April&nbsp;28, 2017 as the record date for the determination of
shareholders entitled to receive notice of, and to vote at, the Meeting or any adjournment(s) or postponement(s) thereof. The enclosed proxy is being solicited on behalf of the Board of Trustees of each Fund. </FONT></P>
<P STYLE="line-height:8px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1</SUP>&nbsp;</FONT><FONT
STYLE="font-family:Times New Roman" SIZE="2"></FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Hereinafter, the terms &#147;Trustee&#148; or &#147;Trustees&#148; shall refer to a Director or Directors of RCS, as well as a Trustee or Trustees of
PGP, PFL, PFN, PHK and PDI, as applicable. </FONT></P></TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="98%"></TD></TR>


<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">By order of the Board of Trustees of each Fund</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top">


<IMG SRC="g293100g35x09.jpg" ALT="LOGO">
</TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Joshua D. Ratner</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Secretary</FONT></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">New York, New York </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">May&nbsp;12, 2017 </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>It is important that your shares be represented at the Meeting in person or
by proxy, no matter how many shares you own. If you do not expect to attend the Meeting, please complete, date, sign and return the applicable enclosed proxy or proxies in the accompanying envelope, which requires no postage if mailed in the United
States. Please mark and mail your proxy or proxies promptly in order to save any additional costs of further proxy solicitations and in order for the Meeting to be held as scheduled. </B></FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>PIMCO STRATEGIC INCOME FUND, INC. (&#147;RCS&#148;) </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>PIMCO GLOBAL STOCKSPLUS&nbsp;&amp; INCOME FUND (&#147;PGP&#148;) </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>PIMCO HIGH INCOME FUND (&#147;PHK&#148;) </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="3"><B>PIMCO DYNAMIC INCOME FUND (&#147;PDI&#148;) </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>PIMCO INCOME STRATEGY FUND
(&#147;PFL&#148;) </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>PIMCO INCOME STRATEGY FUND II (&#147;PFN&#148;) </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>1633 Broadway </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>New York, New York 10019 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>IMPORTANT NOTICE REGARDING THE AVAILABILITY OF
PROXY MATERIALS FOR THE JOINT ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON JUNE&nbsp;30, 2017 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">This Proxy Statement and
the Annual Reports to Shareholders for the fiscal year ended June&nbsp;30, 2016 for RCS, PGP and PDI and the fiscal year ended July&nbsp;31, 2016 for PHK, PFL and PFN are also available at<U>&nbsp;pimco.com/closedendfunds.</U> </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PROXY STATEMENT </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>May&nbsp;12, 2017 </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">FOR THE JOINT
ANNUAL MEETING OF SHAREHOLDERS </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">TO BE HELD ON JUNE&nbsp;30, 2017 </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>INTRODUCTION </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%;padding-bottom:0px; "><FONT
STYLE="font-family:Times New Roman" SIZE="2">This Proxy Statement is furnished in connection with the solicitation by the Boards of Trustees/Directors</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1</SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"> (each a &#147;Board&#148;) of the shareholders of each of PIMCO Strategic Income Fund, Inc. (&#147;RCS&#148;), PIMCO
Global StocksPLUS&nbsp;&amp; Income Fund (&#147;PGP&#148;), PIMCO High Income Fund (&#147;PHK&#148;), PIMCO Dynamic Income Fund (&#147;PDI&#148;), PIMCO Income Strategy Fund (&#147;PFL&#148;), and PIMCO Income Strategy Fund II (&#147;PFN&#148;)
(each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) of proxies to be voted at the Joint Annual Meeting of Shareholders of each Fund and any adjournment(s) or postponement(s) thereof. The term &#147;Meeting&#148; is used throughout
this joint Proxy Statement to refer to the Annual Meeting of </FONT></P> <P STYLE="line-height:8px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1</SUP>&nbsp;</FONT><FONT
STYLE="font-family:Times New Roman" SIZE="2"></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Hereinafter, the terms &#147;Trustee&#148; or &#147;Trustees&#148; shall refer to a Director or Directors of RCS, as well as a Trustee or Trustees of PGP, PFL, PFN, PHK
and PDI, as applicable. </FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px;padding-bottom:0px; "><FONT STYLE="font-family:Times New Roman" SIZE="2">
Shareholders of each Fund, as dictated by the context. The Meeting will be held at the offices of Pacific Investment Management Company LLC (&#147;PIMCO&#148; or the &#147;Manager&#148;), at 1633
Broadway, between West 50</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">th </SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2">and West 51</FONT><FONT
STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">st</SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;Streets, 42</FONT><FONT
STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">nd</SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;Floor, New York, New York 10019, on Friday, June&nbsp;30, 2017,
at 9:30 A.M Eastern Time. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Notice of Joint Annual Meeting of Shareholders (the &#147;Notice&#148;), this Proxy Statement
and the enclosed proxy cards are first being sent to Shareholders on or about May&nbsp;22, 2017. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Meeting is scheduled as
a joint meeting of the holders of all shares of the Funds, which consist of holders of common shares of each Fund (the &#147;Common Shareholders&#148;) and holders of preferred shares of PFL, PFN and PHK (the &#147;Preferred Shareholders&#148; and,
together with the Common Shareholders, the &#147;Shareholders&#148;). The Shareholders of each Fund are expected to consider and vote on similar matters. The Shareholders of each Fund will vote on the applicable proposal set forth herein (the
&#147;Proposal&#148;) and on any other matters that may properly be presented for vote by the Shareholders of that Fund. The outcome of voting by the Shareholders of one Fund does not affect the outcome for the other Funds. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Board of each Fund has fixed the close of business on April&nbsp;28, 2017 as the record date (the &#147;Record Date&#148;) for the
determination of Shareholders of each Fund entitled to notice of, and to vote at, the Meeting. The Shareholders of each Fund on the Record Date will be entitled to one vote per share on each matter to which they are entitled to vote and that is to
be voted on by Shareholders of the Fund, and a fractional vote with respect to fractional shares, with no cumulative voting rights in the election of Trustees. The following table sets forth the number of common shares (&#147;Common Shares&#148;)
and preferred shares (&#147;Preferred Shares&#148; and, together with the Common Shares, the &#147;Shares&#148;) issued and outstanding of each Fund at the close of business on the Record Date: </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="36%"></TD>
<TD VALIGN="bottom" WIDTH="15%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="15%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Outstanding<BR>Common<BR>Shares</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Outstanding<BR>Preferred&nbsp;Shares</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">RCS</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">42,471,547</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PGP</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">10,681,796</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PFL</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">25,340,688</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">2,051</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PFN</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">59,197,063</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">3,698</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PHK</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">127,864,312</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">4,079</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PDI</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">56,119,722</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">2 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The classes of Shares listed for each Fund in the table above are the only classes of Shares
currently authorized by that Fund. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">At the Meeting, the election of one Trustee (the &#147;Preferred Shares Trustee&#148;) of
each of PFL and PHK will be voted on exclusively by the Preferred Shareholders of that Fund voting as a separate class. On each other proposal to be brought before the Meeting (including the election of the nominees other than the Preferred Shares
Trustees by all Shareholders), the Preferred Shareholders, if any, will have equal voting rights (<I>i.e.</I>, one vote per Share) with the applicable Fund&#146;s Common Shareholders and will vote together with Common Shareholders as a single class.
As summarized in the table below: </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>RCS: </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Common Shareholders of RCS, voting as a single class, have the right&nbsp;to vote on the <FONT STYLE="white-space:nowrap">re-election</FONT> of Hans W. Kertess, Bradford K. Gallagher and John C. Maney
as Directors of RCS. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PGP: </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%;padding-bottom:0px; "><FONT STYLE="font-family:Times New Roman" SIZE="2">The Common Shareholders of PGP, voting as a single class, have the right&nbsp;to vote on the <FONT
STYLE="white-space:nowrap">re-election</FONT> of Alan Rappaport and the election of John&nbsp;C. Maney and Deborah A. DeCotis as Trustees of PGP</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">2</SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2">. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>PFL: </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Common and Preferred Shareholders of PFL, voting together as a
single&nbsp;class, have the right to vote on the <FONT STYLE="white-space:nowrap">re-election</FONT> of William B. Ogden, IV as a Trustee of PFL and the Preferred Shareholders of PFL, voting as a separate class, have the right to vote on the <FONT
STYLE="white-space:nowrap">re-election</FONT> of Hans Kertess as a Trustee of PFL. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PFN: </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Common and Preferred Shareholders of PFN, voting together as a single class, have the right to vote on the <FONT
STYLE="white-space:nowrap">re-election</FONT> of Hans W. Kertess, James A. Jacobson and John C. Maney as Trustees of PFN. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PHK: </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Common and Preferred Shareholders of PHK, voting together as a single class, have the right to vote on the <FONT
STYLE="white-space:nowrap">re-election</FONT> of Bradford K. </FONT></P> <P STYLE="line-height:8px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">2</SUP>&nbsp;</FONT><FONT
STYLE="font-family:Times New Roman" SIZE="2"></FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Ms. DeCotis, who is currently a Class II Trustee of PGP, is being nominated for election as a Class III Trustee of PGP, and Mr. Maney, who is currently
a Class III Trustee of PGP is being nominated as a Class II Trustee of PGP. </FONT></P></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">3 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">
Gallagher and Craig A. Dawson as Trustees of PHK, and the Preferred Shareholders of PHK, voting as a separate class, have the right to vote on the
<FONT STYLE="white-space:nowrap">re-election</FONT> of James Jacobson as Trustee of PHK. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PDI: </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Common Shareholders of PDI, voting as a single class, have the right to vote on the
<FONT STYLE="white-space:nowrap">re-election</FONT> of Bradford K. Gallagher, James A. Jacobson and Craig A. Dawson as Trustees of PDI. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Summary </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="68%"></TD>
<TD VALIGN="bottom" WIDTH="13%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="13%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:30pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Proposal</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Common<BR>Shareholders</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Preferred<BR>Shareholders</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Election of Trustees</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>RCS</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I>Independent Trustees/Nominees*</I></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">Re-election</FONT> of Hans W. Kertess</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">Re-election</FONT> of Bradford K. Gallagher</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I>Interested Trustee/Nominee</I></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">Re-election</FONT> of John C. Maney**</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PGP</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I>Independent Trustees/Nominees*</I></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Election of Deborah A. DeCotis***</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">Re-election</FONT> of Alan Rappaport</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I>Interested Trustee/Nominee</I></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Election of John C. Maney**, ****</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PFL</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I>Independent Trustees/Nominees*</I></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">Re-election</FONT> of Hans W. Kertess</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">Re-election</FONT> of William B. Ogden, IV</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PFN</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I>Independent Trustees/Nominees*</I></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">Re-election</FONT> of Hans W. Kertess</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">Re-election</FONT> of James A. Jacobson</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I>Interested Trustees/Nominees</I></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">Re-election</FONT> of John C. Maney**</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PHK</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I>Independent Trustees/Nominees*</I></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">Re-election</FONT> of Bradford K. Gallagher</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">Re-election</FONT> of James A. Jacobson</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I>Interested Trustees/Nominees</I></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">Re-election</FONT> of Craig A. Dawson*****</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">4 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="69%"></TD>
<TD VALIGN="bottom" WIDTH="14%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="14%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:30pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Proposal</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Common<BR>Shareholders</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Preferred<BR>Shareholders</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PDI</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I>Independent Trustees/Nominees*</I></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">Re-election</FONT> of Bradford K. Gallagher</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">Re-election</FONT> of James A. Jacobson</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I>Interested Trustees/Nominees</I></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">Re-election</FONT> of Craig A. Dawson*****</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#10003;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">N/A</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="6%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">*</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Independent Trustees&#148; or &#147;Independent Nominees&#148; are those Trustees or nominees who are not &#147;interested persons,&#148; as defined in the
Investment Company Act of 1940, as amended (the &#147;1940 Act&#148;), of each Fund. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="6%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">**</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr.&nbsp;Maney is an &#147;interested person&#148; of each Fund, as defined in Section&nbsp;2(a)(19) of the 1940 Act (&#147;Interested Trustee&#148;) due to his
affiliation with Allianz Asset Management of America L.P. and its affiliates. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="6%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">***</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Ms. DeCotis, who is currently a Class II Trustee of PGP, is being nominated for election as a Class III Trustee of PGP. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="6%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">****</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr. Maney, who is currently a Class III Trustee of PGP is being nominated as a Class II Trustee of PGP. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">*****</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr.&nbsp;Dawson is an Interested Trustee of each Fund, due to his affiliation with PIMCO and its affiliates. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">You may vote by mail by returning a properly executed proxy card, by internet by going to the website listed on the proxy card, by
telephone using the toll-free number listed on the proxy card, or in person by attending the Meeting. Shares represented by duly executed and timely delivered proxies will be voted as instructed on the proxy. If you execute and mail the enclosed
proxy and no choice is indicated for the election of Trustees listed in the attached Notice, your proxy will be voted in favor of the election of all nominees. At any time before it has been voted, your proxy may be revoked in one of the following
ways: (i)&nbsp;by timely delivering a signed, written letter of revocation to the Secretary of the applicable Fund at 1633 Broadway, New York, New York 10019, (ii)&nbsp;by properly executing and timely submitting a later-dated proxy vote, or
(iii)&nbsp;by attending the Meeting and voting in person. Please call <FONT STYLE="white-space:nowrap">1-(866)</FONT> <FONT STYLE="white-space:nowrap">406-2288</FONT> for information on how to obtain directions to be able to attend the Meeting and
vote in person or for information or assistance regarding how to vote by telephone, mail or by internet. If any proposal, other than the Proposal set forth herein, properly comes before the Meeting, the persons named as proxies will vote in their
sole discretion. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The principal executive offices of the Funds are located at 1633 Broadway, New York, New York 10019. PIMCO
serves as the investment manager of each Fund. Additional information regarding the Manager may be found under &#147;Additional Information &#151; Investment Manager&#148; below. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">5 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The solicitation will be primarily by mail and by telephone and the cost of soliciting
proxies for each Fund will be borne by PIMCO. Certain officers of the Funds and certain officers and employees of the Manager or its affiliates (none of whom will receive additional compensation therefor) may solicit proxies by telephone, mail, <FONT
STYLE="white-space:nowrap">e-mail</FONT> and personal interviews. Any <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> expenses incurred in connection with the solicitation will be borne by PIMCO.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Unless a Fund receives contrary instructions, only one copy of this Proxy Statement will be mailed to a given address where
two or more Shareholders share that address and also share the same surname. Additional copies of the Proxy Statement will be delivered promptly upon request. Requests may be sent to the Secretary of the Fund c/o Pacific Investment Management
Company LLC, 1633 Broadway, New York, New York 10019, or by calling <FONT STYLE="white-space:nowrap">1-(866)</FONT> <FONT STYLE="white-space:nowrap">406-2288</FONT> on any business day. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">As of the Record Date, the Trustees, nominees and the officers of each Fund as a group and individually beneficially owned less than one
percent (1%)&nbsp;of each Fund&#146;s outstanding Shares. To the knowledge of the Funds, no person beneficially owned more than five percent (5%)&nbsp;of the outstanding Shares of RCS, PGP or PDI, respectively, and the following entities
beneficially owned more than five percent (5%)&nbsp;of a class of shares of PHK, PFL and PFN. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="47%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="45%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:59pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Beneficial Owner</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Fund</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Percentage of Ownership of Class</B></FONT></P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Bank of America Corporation</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">100 North Tryon Street,</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Charlotte, North Carolina 28255</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">PFL</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">68.40% of Preferred Shares</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">UBS Group AG</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Bahnhofstrasse 45</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">P.O. Box <FONT STYLE="white-space:nowrap">CH-8049</FONT></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Zurich, Switzerland</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">PFL</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">17.31% of Preferred Shares</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Bank of America Corporation</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">100 North Tryon Street,</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Charlotte, North Carolina 28255</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">PFN</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">51.33% of Preferred Shares</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">UBS Group AG</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Bahnhofstrasse 45</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">P.O. Box <FONT STYLE="white-space:nowrap">CH-8049</FONT></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Zurich, Switzerland</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">PFN</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">38.45% of Preferred Shares</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">UBS Group AG</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Bahnhofstrasse 45</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">P.O. Box <FONT STYLE="white-space:nowrap">CH-8049</FONT></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Zurich, Switzerland</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">PHK</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">40.13% of Preferred Shares</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">6 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="47%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="45%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:59pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Beneficial Owner</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Fund</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Percentage of Ownership of Class</B></FONT></P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Bank of America Corporation</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">100 North Tryon Street,</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Charlotte, North Carolina 28255</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">PHK</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">13.85% of Preferred Shares</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">RiverNorth Capital Management, LLC</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">325 N. La Salle Street, Suite 645</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Chicago, IL 60654-7030</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">PHK</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">5.10% of Preferred Shares</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PROPOSAL: ELECTION OF TRUSTEES </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">In accordance with PGP&#146;s, PHK&#146;s, PDI&#146;s, PFL&#146;s, and PFN&#146;s Amended and Restated Agreement and Declaration of Trust
(each, a &#147;Declaration&#148;), and RCS&#146;s Articles of Incorporation, as amended (the &#147;Articles&#148;), the Trustees have been divided into the following three classes (each a &#147;Class&#148;): Class&nbsp;I, Class&nbsp;II and
Class&nbsp;III. The Nominating Committee of each applicable Fund has recommended the nominees listed herein for election or <FONT STYLE="white-space:nowrap">re-election,</FONT> as applicable, as Trustees by the Shareholders of the applicable Funds.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>RCS.</B>&nbsp;With respect to RCS, the term of office of the Class&nbsp;II Directors will expire at the Meeting; the term
of office of the Class&nbsp;III Directors will expire at the annual meeting of Shareholders held during the 2017-2018 fiscal year (<I>i.e.</I>, the annual meeting held during the fiscal year running from July&nbsp;1, 2017 through June&nbsp;30,
2018); and the term of office of the Class&nbsp;I Directors will expire at the annual meeting of Shareholders held during the 2018-2019 fiscal year (<I>i.e.</I>, the annual meeting held during the fiscal year running from July&nbsp;1, 2018 through
June&nbsp;30, 2019). Currently, Hans W. Kertess, Bradford K. Gallagher and John C. Maney are Class&nbsp;II Directors. The Nominating Committee has recommended to the Board that Messrs. Kertess, Gallagher and Maney be nominated for <FONT
STYLE="white-space:nowrap">re-election</FONT> by the Common Shareholders as Class&nbsp;II Directors at the Meeting. Consistent with the Fund&#146;s Articles, if elected, the nominees shall hold office for terms coinciding with the Classes of
Directors to which they have been designated. Therefore, if <FONT STYLE="white-space:nowrap">re-elected</FONT> at the Meeting, Messrs. Kertess, Gallagher and Maney will serve terms consistent with the Class&nbsp;II Directors, which will expire at
the Fund&#146;s annual meeting of Shareholders held during the 2019-2020 fiscal year (<I>i.e.</I>, the annual meeting held during the fiscal year running from July&nbsp;1, 2019 through June&nbsp;30, 2020). </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PGP.</B>&nbsp;With respect to PGP, the term of office of the Class&nbsp;III Trustees will expire at the Meeting; the term of office of
the Class&nbsp;I Trustees will expire at the annual meeting of Shareholders held during the 2017-2018 fiscal year (<I>i.e.</I>, the annual meeting held during the fiscal year running from July&nbsp;1, 2017 through
</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">7 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
June&nbsp;30, 2018); and the term of office of the Class&nbsp;II Trustees will expire at the annual meeting of Shareholders held during the 2018-2019 fiscal year (<I>i.e.</I>, the annual meeting
held during the fiscal year running from July&nbsp;1, 2018 through June&nbsp;30, 2019). Currently, Alan Rappaport and John C. Maney are Class&nbsp;III Trustees and Deborah A. DeCotis is a Class&nbsp;II Trustee. The Nominating Committee has
recommended to the Board that Mr.&nbsp;Rappaport be nominated for <FONT STYLE="white-space:nowrap">re-election</FONT> as a Class&nbsp;III Trustee by the Common Shareholders, voting as a single class, that Mr.&nbsp;Maney be nominated for election as
a Class&nbsp;II Trustee by the Common Shareholders, voting as a single class, and that Ms.&nbsp;DeCotis be nominated for election by the Common Shareholders, voting as a single class, as a Class&nbsp;III Trustee at the Meeting. Consistent with the
Fund&#146;s Declaration, if elected, the nominees shall hold office for terms coinciding with the Classes of Trustees to which they have been designated. Therefore, if <FONT STYLE="white-space:nowrap">re-elected</FONT> or elected, as applicable, at
the Meeting, Ms.&nbsp;DeCotis and Mr.&nbsp;Rappaport will serve terms consistent with the Class&nbsp;III Trustees, which will expire at the Fund&#146;s annual meeting of Shareholders held during the 2019-2020 fiscal year (<I>i.e.</I>, the annual
meeting held during the fiscal year running from July&nbsp;1, 2019 through June&nbsp;30, 2020) and Mr.&nbsp;Maney will serve a term consistent with the Class&nbsp;II Trustees, which will expire at the Fund&#146;s annual meeting of Shareholders held
during the 2018-2019 fiscal year (<I>i.e.</I>, the annual meeting held during the fiscal year running from July&nbsp;1, 2018 through June&nbsp;30, 2019). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>PFL.</B>&nbsp;With respect to PFL, the term of office of the Class&nbsp;I Trustees will expire at the Meeting; the term of office of the Class&nbsp;II Trustees will expire at the annual meeting of
Shareholders held during the 2017-2018 fiscal year (<I>i.e.</I>, the annual meeting held during the fiscal year running from August&nbsp;1, 2017 through July&nbsp;31, 2018); and the term of office of the Class&nbsp;III Trustees will expire at the
annual meeting of Shareholders held during the 2018-2019 fiscal year (<I>i.e.</I>, the annual meeting held during the fiscal year running from August&nbsp;1, 2018 through July&nbsp;31, 2019). Currently, Hans W. Kertess and William B. Ogden, IV are
Class&nbsp;I Trustees. The Nominating Committee has recommended to the Board that Mr.&nbsp;Odgen be nominated for <FONT STYLE="white-space:nowrap">re-election</FONT> as a Class&nbsp;I Trustee by the Common Shareholders and Preferred Shareholders,
voting as a single class, and that Mr.&nbsp;Kertess be nominated for <FONT STYLE="white-space:nowrap">re-election</FONT> by the Preferred Shareholders, voting as a separate class, as a Class&nbsp;I Trustee at the Meeting. Consistent with the
Fund&#146;s Declaration, if elected, the nominees shall hold office for terms coinciding with the Classes of Trustees to which they have been designated. Therefore, if <FONT STYLE="white-space:nowrap">re-elected</FONT> at the Meeting, Messrs.
Kertess and Ogden will serve terms consistent with the Class&nbsp;I Trustees, which will expire at the Fund&#146;s annual meeting of Shareholders held during the 2019-2020 fiscal year (<I>i.e.</I>, the annual meeting held during the fiscal year
running from August&nbsp;1, 2019 through July&nbsp;31, 2020). </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">8 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PFN.</B>&nbsp;With respect to PFN, the term of office of the Class&nbsp;III Trustees will
expire at the Meeting; the term of office of the Class&nbsp;I Trustees will expire at the annual meeting of Shareholders held during the 2017-2018 fiscal year (<I>i.e.</I>, the annual meeting held during the fiscal year running from August&nbsp;1,
2017 through July&nbsp;31, 2018); and the term of office of the Class&nbsp;II Trustees will expire at the annual meeting of Shareholders held during the 2018-2019 fiscal year (<I>i.e.</I>, the annual meeting held during the fiscal year running from
August&nbsp;1, 2018 through July&nbsp;31, 2019). Currently, Hans W. Kertess, James A. Jacobson and John C. Maney are Class&nbsp;III Trustees. The Nominating Committee has recommended to the Board that Messrs. Kertess, Jacobson and Maney be nominated
for <FONT STYLE="white-space:nowrap">re-election</FONT> as Class&nbsp;III Trustees by the Common Shareholders and Preferred Shareholders, voting as a single class at the Meeting. Consistent with the Fund&#146;s Declaration, if elected, the nominees
shall hold office for terms coinciding with the Classes of Trustees to which they have been designated. Therefore, if <FONT STYLE="white-space:nowrap">re-elected</FONT> at the Meeting, Messrs. Kertess, Jacobson and Maney will serve terms consistent
with the Class&nbsp;III Trustees, which will expire at the Fund&#146;s annual meeting of Shareholders held during the 2019-2020 fiscal year (<I>i.e.</I>, the annual meeting held during the fiscal year running from August&nbsp;1, 2019 through
July&nbsp;31, 2020). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PHK.</B>&nbsp;With respect to PHK, the term of office of the Class&nbsp;II Trustees will expire at
the Meeting; the term of office of the Class&nbsp;III Trustees will expire at the annual meeting of Shareholders held during the 2017-2018 fiscal year (<I>i.e.</I>, the annual meeting held during the fiscal year running from August&nbsp;1, 2017
through July&nbsp;31, 2018); and the term of office of the Class&nbsp;I Trustees will expire at the annual meeting of Shareholders held during the 2018-2019 fiscal year (<I>i.e.</I>, the annual meeting held during the fiscal year running from
August&nbsp;1, 2018 through July&nbsp;31, 2019). Currently, Bradford K. Gallagher, James A. Jacobson and Craig A. Dawson are Class&nbsp;II Trustees. The Nominating Committee has recommended to the Board that Messrs. Gallagher and Dawson be nominated
for <FONT STYLE="white-space:nowrap">re-election</FONT> as Class&nbsp;II Trustees by the Common Shareholders and Preferred Shareholders, voting as a single class at the Meeting and that Mr.&nbsp;Jacobson be nominated for <FONT
STYLE="white-space:nowrap">re-election</FONT> as a Class&nbsp;II Trustee by the Preferred Shareholders, voting as a separate class at the meeting. Consistent with the Fund&#146;s Declaration, if elected, the nominees shall hold office for terms
coinciding with the Classes of Trustees to which they have been designated. Therefore, if <FONT STYLE="white-space:nowrap">re-elected</FONT> at the Meeting, Messrs. Gallagher, Jacobson and Dawson will serve terms consistent with the Class&nbsp;II
Trustees, which will expire at the Fund&#146;s annual meeting of Shareholders held during the 2019-2020 fiscal year (<I>i.e.</I>, the annual meeting held during the fiscal year running from August&nbsp;1, 2019 through July&nbsp;31, 2020).
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PDI.</B>&nbsp;With respect to PDI, the term of office of the Class&nbsp;II Trustees will expire at the Meeting; the term
of office of the Class&nbsp;III Trustees will expire at </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">9 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
the annual meeting of Shareholders held during the 2017-2018 fiscal year (<I>i.e.</I>, the annual meeting held during the fiscal year running from July&nbsp;1, 2017 through June&nbsp;30, 2018);
and the term of office of the Class&nbsp;I Trustees will expire at the annual meeting of Shareholders held during the 2018-2019 fiscal year (<I>i.e.</I>, the annual meeting held during the fiscal year running from July&nbsp;1, 2018 through
June&nbsp;30, 2019). Currently, Bradford K. Gallagher, James A. Jacobson and Craig&nbsp;A. Dawson are Class&nbsp;II Trustees. The Nominating Committee has recommended to the Board that Messrs. Gallagher, Jacobson and Dawson be nominated for <FONT
STYLE="white-space:nowrap">re-election</FONT> as Class&nbsp;II Trustees by the Common Shareholders, voting as a single class at the Meeting. Consistent with the Fund&#146;s Declaration, if elected, the nominees shall hold office for terms coinciding
with the Classes of Trustees to which they have been designated. Therefore, if <FONT STYLE="white-space:nowrap">re-elected</FONT> at the Meeting, Messrs. Gallagher, Jacobson and Dawson will serve terms consistent with the Class&nbsp;II Trustees,
which will expire at the Fund&#146;s annual meeting of Shareholders held during the 2019-2020 fiscal year (<I>i.e.</I>, the annual meeting held during the fiscal year running from July&nbsp;1, 2019 through June&nbsp;30, 2020). </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">All members of the Board of each of PGP, PFL, PFN, PHK and PDI are and will remain, if elected, &#147;Continuing Trustees,&#148; as such
term is defined in the Declaration of the applicable Fund, having either served as Trustee since the inception of the Fund or for 36 months, or having been nominated by at least a majority of the Continuing Trustees then members of the Board.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">All members of the Board of RCS are and will remain,&nbsp;if elected, &#147;Continuing Directors,&#148; as such term is
defined in the Articles of Incorporation, either having served as Director for a period of at least 12&nbsp;months, or having been a successor to a Continuing Director and been recommended to succeed a Continuing Director by a majority of the
Continuing Directors then members of the Board. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">At any annual meeting of Shareholders, any Trustee elected to fill a vacancy
that has arisen since the preceding annual meeting of Shareholders (whether or not such vacancy has been filled by election of a new Trustee by the Board) shall hold office for a term that coincides with the term (or any remaining term) of the
Class&nbsp;of Trustees to which such office was previously assigned, if such vacancy arose other than by an increase in the number of Trustees, and until his or her successor shall be elected and shall qualify. In the event such vacancy arose due to
an increase in the number of Trustees, any Trustee so elected to fill such vacancy at an annual meeting shall hold office for a term which coincides with that of the Class&nbsp;of Trustee to which such office has been apportioned and until his or
her successor shall be elected and shall qualify.<B> </B> </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">10 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The following table summarizes the nominees who will stand for election or <FONT
STYLE="white-space:nowrap">re-election</FONT> at the Meeting, the respective Classes of Trustees to which they have been designated and the expiration of their respective terms if elected or <FONT STYLE="white-space:nowrap">re-elected,</FONT> as
applicable: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="28%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="60%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:59pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Trustee/Director/<BR>Nominee</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Class</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000">
<P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B><FONT STYLE="white-space:nowrap">Expiration&nbsp;of&nbsp;Term&nbsp;if&nbsp;Elected/Re-Elected*</FONT></B></FONT></P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>RCS</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Hans&nbsp;W.&nbsp;Kertess</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;II</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom">
<P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">Annual&nbsp;Meeting&nbsp;held&nbsp;during&nbsp;the&nbsp;2019-2020&nbsp;fiscal&nbsp;
year</FONT></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Bradford&nbsp;K.&nbsp;Gallagher</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;II</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Annual&nbsp;Meeting&nbsp;held during&nbsp;the&nbsp;2019-2020&nbsp;fiscal&nbsp;year</FONT></P></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">John C. Maney**</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;II</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Annual&nbsp;Meeting&nbsp;held during&nbsp;the&nbsp;2019-2020&nbsp;fiscal&nbsp;year</FONT></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PGP</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Deborah&nbsp;A.&nbsp;DeCotis</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;III</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Annual Meeting held during the 2019-2020 fiscal year</FONT></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Alan Rappaport</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;III</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Annual Meeting held during the 2019-2020 fiscal year</FONT></P></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">John C. Maney**</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;II</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Annual Meeting held during the 2018-2019 fiscal year</FONT></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PFL</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Hans W. Kertess</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;I</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Annual Meeting held during the 2019-2020 fiscal year</FONT></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">William&nbsp;B.&nbsp;Ogden,&nbsp;IV</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;I</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Annual Meeting held during the 2019-2020 fiscal year</FONT></P></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PFN</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Hans W. Kertess</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;III</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Annual Meeting held during the 2019-2020 fiscal year</FONT></P></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">James A. Jacobson</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;III</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Annual Meeting held during the 2019-2020 fiscal year</FONT></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">John C. Maney**</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;III</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Annual Meeting held during the 2019-2020 fiscal year</FONT></P></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PHK</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Bradford K. Gallagher</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;II</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Annual Meeting held during the 2019-2020 fiscal year</FONT></P></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">James A. Jacobson</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;II</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Annual Meeting held during the 2019-2020 fiscal year</FONT></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Craig A. Dawson**</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;II</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Annual Meeting held during the 2019-2020 fiscal year</FONT></P></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PDI</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Bradford K. Gallagher</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;II</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Annual Meeting held during the 2019-2020 fiscal year</FONT></P></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">James A. Jacobson</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;II</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Annual Meeting held during the 2019-2020 fiscal year</FONT></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Craig A. Dawson**</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;II</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Annual Meeting held during the 2019-2020 fiscal year</FONT></P></TD></TR>
</TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">*</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">A Trustee of RCS, PGP, PFL, PFN, PHK or PDI <FONT STYLE="white-space:nowrap">re-elected</FONT> or elected at an annual meeting shall hold office until the annual
meeting for the year in which his or her term expires and until his or her successor shall be elected and shall qualify, subject, however, to prior death, resignation, retirement, disqualification or removal from office. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">**</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Each of Mr.&nbsp;Dawson and Mr.&nbsp;Maney is an Interested Trustee/Nominee. </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Under this classified Board structure, generally only those Trustees in a single Class&nbsp;may be replaced in any one year, and it would require a minimum of two years to change a majority of the Board
under normal circumstances. This structure, which may be regarded as an &#147;anti-takeover&#148; provision, may make it more difficult for a Fund&#146;s Shareholders to change the majority of Trustees of the Fund and, thus, promotes the continuity
of management. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">11 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Unless authority is withheld, it is the intention of the persons named in the enclosed proxy
for a Fund to vote each proxy for the persons listed above for that Fund. Each of the nominees has indicated he or she will serve if elected, but if he or she should be unable to serve for a Fund, the proxy holders may vote in favor of such
substitute nominee as the Board may designate (or, alternatively, the Board may determine to save a vacancy). </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Trustees and Officers
</B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The business of each Fund is managed under the direction of the Fund&#146;s Board. Subject to the provisions of each
Fund&#146;s Declaration or Articles, its Bylaws and applicable state law, the Trustees have all powers necessary and convenient to carry out their responsibilities, including the election and removal of the Fund&#146;s officers. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Board Leadership Structure</B>&nbsp;&#151; Currently, and assuming the nominees are elected as proposed, the Board of Trustees of each
Fund consists and will continue to consist of eight Trustees, six of whom are Independent Trustees. An Independent Trustee serves as Chairman of the Trustees and is selected by a vote of the majority of the Independent Trustees. The Chairman of the
Trustees presides at meetings of the Board and acts as a liaison with service providers, officers, attorneys and other Trustees generally between meetings, and performs such other functions as may be requested by the Board from time to time.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Board of each Fund meets regularly four times each year to discuss and consider matters concerning the Funds, and also
holds special meetings to address matters arising between regular meetings. The Independent Trustees regularly meet outside the presence of management and are advised by independent legal counsel. Regular meetings generally take place <FONT
STYLE="white-space:nowrap">in-person;</FONT> other meetings may take place <FONT STYLE="white-space:nowrap">in-person</FONT> or by telephone. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Board has established six standing Committees to facilitate oversight of the management of the Funds: the Audit Oversight Committee, the Nominating Committee, the Valuation Oversight Committee, the
Compensation Committee, the Contracts Committee and the Performance Committee. The functions and role of each Committee are described below under &#147;Board Committees and Meetings.&#148; The membership of each Committee consists of all of the
Independent Trustees, which the Board believes allows them to participate in the full range of the Board&#146;s oversight duties. In addition, the Performance Committee consists of all the Trustees. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Board reviews its leadership structure periodically and has determined that this leadership structure, including an Independent
Chairman, a supermajority </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">12 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
of Independent Trustees and Committee membership limited to Independent Trustees, is appropriate in light of the characteristics and circumstances of each Fund. In reaching this conclusion, the
Board considered, among other things, the predominant role of the Manager in the <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">day-to-day</FONT></FONT> management of Fund affairs, the extent to which the work of the Board is
conducted through the Committees, the number of portfolios overseen by the Board that are advised by the Manager or have an investment adviser that is an affiliated person of the Manager (the &#147;Fund Complex&#148;), the variety of asset classes
those portfolios include, the assets of each Fund and other portfolios overseen by the Board in the Fund Complex and the management and other service arrangements of each Fund and such other portfolios. The Board also believes that its structure,
including the presence of two Trustees who are executives with the Manager or Manager-affiliated entities, facilitates an efficient flow of information concerning the management of each Fund to the Independent Trustees. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Risk Oversight</B>&nbsp;&#151; Each of the Funds has retained the Manager to provide investment advisory services and administrative
services. Accordingly, the Manager is immediately responsible for the management of risks that may arise from Fund investments and operations. Some employees of the Manager serve as the Funds&#146; officers, including the Funds&#146; principal
executive officer and principal financial and accounting officer, chief compliance officer and chief legal officer. The Manager and the Funds&#146; other service providers have adopted policies, processes, and procedures to identify, assess and
manage different types of risks associated with each Fund&#146;s activities. The Board oversees the performance of these functions by the Manager and the Funds&#146; other service providers, both directly and through the Committee structure it has
established. The Board receives from the Manager a wide range of reports, both on a regular and <FONT STYLE="white-space:nowrap">as-needed</FONT> basis, relating to the Funds&#146; activities and to the actual and potential risks of the Funds. These
include reports on investment and market risks, custody and valuation of Fund assets, compliance with applicable laws, and the Funds&#146; financial accounting and reporting. In addition, the Board meets periodically with the individual portfolio
managers of the Funds or their delegates to receive reports regarding the portfolio management of the Funds and their performance, including their investment risks. In the course of these meetings and discussions with the Manager, the Board has
emphasized the importance of maintaining vigorous risk-management programs and procedures. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">In addition, the Board has
appointed a Chief Compliance Officer (&#147;CCO&#148;). The CCO oversees the development of compliance policies and procedures that are reasonably designed to minimize the risk of violations of the federal securities laws (&#147;Compliance
Policies&#148;). The CCO reports directly to the Independent Trustees, interacts with individuals within the Manager&#146;s organization and provides presentations to the Board at its quarterly meetings
</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">13 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
and an annual report on the application of the Compliance Policies. The Board periodically discusses relevant risks affecting the Funds with the CCO at these meetings. The Board has approved the
Compliance Policies and reviews the CCO&#146;s reports. Further, the Board annually reviews the sufficiency of the Compliance Policies, as well as the appointment and compensation of the CCO. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Board recognizes that the reports it receives concerning risk management matters are, by their nature, typically summaries of the
relevant information. Moreover, the Board recognizes that not all risks that may affect the Funds can be identified in advance; that it may not be practical or cost-effective to eliminate or mitigate certain risks; that it may be necessary to bear
certain risks (such as investment-related risks) in seeking to achieve the Funds&#146; investment objectives; and that the processes, procedures and controls employed to address certain risks may be limited in their effectiveness. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Information Regarding Trustees and Nominees. </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The following table provides information concerning the Trustees/Nominees of the Funds. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="18%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="35%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:37pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Name,<BR>Address,<BR>Year of Birth<BR>and Class*</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Position(s)<BR>Held<BR>with&nbsp;the<BR>Funds</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Term of<BR>Office&nbsp;and<BR>Length of<BR>Time&nbsp;Served</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Principal Occupation(s)</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>During the Past 5 Years</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Number<BR>of<BR>Portfolios<BR>in Fund<BR>Complex<BR>Overseen<BR>by<BR>Trustee/<BR>Nominee</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Other<BR>Directorships<BR>Held by<BR>Trustee/<BR>Nominee
<BR>During the<BR>Past 5&nbsp;Years</B></FONT></P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top" COLSPAN="13"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Independent Trustees/Nominees</B></FONT></P></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Hans W. Kertess</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1939</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">PGP/PFL/PHK/PDI-Class I</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">RCS-</FONT></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;II</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">PFN-</FONT></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;III</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:1px"><FONT SIZE="1">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Chairman<BR>of the<BR>Board,<BR>Trustee,<BR>Nominee</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">RCS-Since</FONT><BR>2008</FONT> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-bottom:0px; margin-top:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">PGP-Since</FONT><BR>2005</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-bottom:0px; margin-top:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">PHK/PFL-<BR>Since&nbsp;2003</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-bottom:0px; margin-top:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">PFN-Since</FONT><BR>2004</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-bottom:0px; margin-top:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">PDI-Since</FONT><BR>2012</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:1px"><FONT SIZE="1">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">President, H. Kertess&nbsp;&amp; Co., a financial advisory company; and Senior Adviser (formerly Managing Director), Royal Bank of Canada Capital Markets (since 2004).</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">89</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">None</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">14 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="18%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="36%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="14%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:37pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Name,<BR>Address,<BR>Year of Birth<BR>and Class*</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Position(s)<BR>Held<BR>with&nbsp;the<BR>Funds</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Term of<BR>Office&nbsp;and<BR>Length of<BR>Time&nbsp;Served</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Principal Occupation(s)</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>During the Past 5 Years</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Number<BR>of<BR>Portfolios<BR>in Fund<BR>Complex<BR>Overseen<BR>by<BR>Trustee/<BR>Nominee</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Other<BR>Directorships<BR>Held by<BR>Trustee/<BR>Nominee
<BR>During the<BR>Past 5&nbsp;Years</B></FONT></P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Deborah A. DeCotis</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1952</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">PFL/PFN-</FONT> Class&nbsp;II</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">PGP-Currently</FONT> Class&nbsp;II, if elected as nominated, Class&nbsp;III</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">RCS/PHK/PDI-</FONT></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Class&nbsp;III</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:1px"><FONT SIZE="1">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Trustee,<BR>Nominee</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">RCS/PGP/<BR>PFL/PFN/<BR><FONT STYLE="white-space:nowrap">PHK-Since</FONT><BR>2011</FONT> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-bottom:1px; margin-top:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">PDI-Since</FONT><BR>2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Advisory Director, Morgan Stanley&nbsp;&amp; Co., Inc. (since 1996); Member, Circle Financial Group (since 2009); and Member, Council on Foreign Relations (since 2013); Trustee,
Smith College (since 2017); and Director, Watford Re (since 2017). Formerly, <FONT STYLE="white-space:nowrap">Co-Chair</FONT> Special Projects Committee, Memorial Sloan Kettering (2005-2015); Trustee, Stanford University (2010-2015); Principal,
LaLoop LLC, a retail accessories company (1999-2014); Director, Helena Rubenstein Foundation (1997-2010); and Director, Armor Holdings (2002-2010).</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">89</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">None</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">15 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="18%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:37pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Name,<BR>Address,<BR>Year of Birth<BR>and Class*</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Position(s)<BR>Held<BR>with&nbsp;the<BR>Funds</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Term of<BR>Office&nbsp;and<BR>Length of<BR>Time&nbsp;Served</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Principal Occupation(s)</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>During the Past 5 Years</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Number<BR>of<BR>Portfolios<BR>in Fund<BR>Complex<BR>Overseen<BR>by<BR>Trustee/<BR>Nominee</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Other<BR>Directorships<BR>Held by<BR>Trustee/<BR>Nominee
<BR>During the<BR>Past 5&nbsp;Years</B></FONT></P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Bradford K. Gallagher<BR>1944</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">RCS/PDI/PGP/PHK/PFN-Class&nbsp;II</FONT></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">PFL-Class&nbsp;III</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Trustee,<BR>Nominee</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">RCS/PGP/<BR>PFL/PFN/<BR>PHK-Since<BR>2010</FONT> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-bottom:1px; margin-top:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">PDI-Since</FONT><BR>2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Retired. Founder, Spyglass Investments LLC, a private investment vehicle (since 2001). Formerly, Chairman and Trustee, The Common Fund (2005-2014); Partner, New Technology Ventures
Capital Management LLC, a venture capital fund (2011-2013); Chairman and Trustee, Atlantic Maritime Heritage Foundation (2007-2012); and Founder, President and CEO, Cypress Holding Company and Cypress Tree Investment Management Company
(1995-2001).</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">89</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Formerly, Chairman and Trustee of Grail Advisors ETF Trust (2009- 2010) and Trustee of Nicholas- Applegate Institutional Funds (2007-
2010).</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">16 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="18%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="36%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="14%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:37pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Name,<BR>Address,<BR>Year of Birth<BR>and Class*</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Position(s)<BR>Held<BR>with&nbsp;the<BR>Funds</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Term of<BR>Office&nbsp;and<BR>Length of<BR>Time&nbsp;Served</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Principal Occupation(s)</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>During the Past 5 Years</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Number<BR>of<BR>Portfolios<BR>in Fund<BR>Complex<BR>Overseen<BR>by<BR>Trustee/<BR>Nominee</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Other<BR>Directorships<BR>Held by<BR>Trustee/<BR>Nominee
<BR>During the<BR>Past 5&nbsp;Years</B></FONT></P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">James A. Jacobson<BR>1945</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">RCS-Class&nbsp;I</FONT></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">PDI/PGP/PHK/<BR><FONT STYLE="white-space:nowrap">PFL-Class</FONT> II</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">PFN-Class&nbsp;III</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Trustee,<BR>Nominee</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">RCS/PGP/<BR>PHK-Since<BR>2009</FONT> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-bottom:0px; margin-top:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">PFL/PDI-<BR>Since 2012</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-bottom:1px; margin-top:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">PFN-Since</FONT><BR>2013</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Retired. Trustee (since 2002) and Chairman of Investment Committee (since 2007), Ronald McDonald House of New York; and Trustee, New Jersey City University (since 2014). Formerly,
Vice Chairman and Managing Director, Spear, Leeds&nbsp;&amp; Kellogg Specialists, LLC, a specialist firm on the New York Stock Exchange (2003-2008).</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">89</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Formerly, Trustee, Alpine Mutual Funds Complex consisting of 18 funds.</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">William B.<BR>Ogden, IV<BR>1945</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">RCS/PGP/PFL/PFN/<BR><FONT STYLE="white-space:nowrap">PHK/PDI-Class&nbsp;I</FONT></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Trustee,<BR>Nominee</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">RCS-Since</FONT><BR>2008</FONT> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-bottom:0px; margin-top:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">PGP/PHK/<BR>PFL/PFN-<BR>Since 2006</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-bottom:1px; margin-top:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">PDI-Since</FONT><BR>2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Retired. Formerly, Asset Management Industry Consultant; and Managing Director, Investment Banking Division of Citigroup Global Markets Inc.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">89</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">None</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">17 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="18%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="36%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="14%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:37pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Name,<BR>Address,<BR>Year of Birth<BR>and Class*</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Position(s)<BR>Held<BR>with&nbsp;the<BR>Funds</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Term of<BR>Office&nbsp;and<BR>Length of<BR>Time&nbsp;Served</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Principal Occupation(s)</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>During the Past 5 Years</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Number<BR>of<BR>Portfolios<BR>in Fund<BR>Complex<BR>Overseen<BR>by<BR>Trustee/<BR>Nominee</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Other<BR>Directorships<BR>Held by<BR>Trustee/<BR>Nominee
<BR>During the<BR>Past 5&nbsp;Years</B></FONT></P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Alan Rappaport<BR>1953</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">RCS/PGP-Class&nbsp;III</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">PFL-Class&nbsp;II</FONT></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">PHK/PDI/PFN-Class&nbsp;I</FONT></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:1px"><FONT SIZE="1">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Trustee,<BR>Nominee</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">RCS/PGP/<BR>PHK-<BR>Since&nbsp;2010</FONT> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-bottom:0px; margin-top:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">PFL-Since<BR>2014</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-bottom:0px; margin-top:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">PFN/PDI-<BR>Since&nbsp;2012</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:1px"><FONT SIZE="1">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Advisory Director (formerly Vice Chairman), Roundtable Investment Partners (since 2009); Adjunct Professor, New York University Stern School of Business (since 2011); Lecturer,
Stanford University Graduate School of Business (since 2013); and Director, Victory Capital Holdings, Inc., an asset management firm (since 2013). Formerly, Member of Board of Overseers, NYU Langone Medical Center (2015-2016); Trustee, American
Museum of Natural History (2005-2015); Trustee, NYU Langone Medical Center (2007-2015); Vice Chairman (formerly Chairman and President), U.S. Trust (formerly Private Bank of Bank of America, the predecessor entity of U.S. Trust)
(2001-2008).</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">89</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">None</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">18 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="18%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:37pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Name,<BR>Address,<BR>Year of Birth<BR>and Class*</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Position(s)<BR>Held<BR>with&nbsp;the<BR>Funds</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Term of<BR>Office&nbsp;and<BR>Length of<BR>Time&nbsp;Served</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Principal Occupation(s)</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>During the Past 5 Years</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Number<BR>of<BR>Portfolios<BR>in Fund<BR>Complex<BR>Overseen<BR>by<BR>Trustee/<BR>Nominee</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Other<BR>Directorships<BR>Held by<BR>Trustee/<BR>Nominee
<BR>During the<BR>Past 5&nbsp;Years</B></FONT></P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top" COLSPAN="13"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Interested Trustees/Nominees</B></FONT></P></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Craig A. Dawson** 1968</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">650 Newport Center Drive, Newport Beach,</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">CA&nbsp;92660</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">RCS/PFL-</FONT> Class&nbsp;III</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">PGP/PFN-</FONT> Class&nbsp;I</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">PDI/PHK-</FONT> Class&nbsp;II</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:1px"><FONT SIZE="1">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Trustee,<BR>Nominee</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">RCS/<BR>PGP/PFL/<BR>PFN/<BR>PHK/<BR><FONT STYLE="white-space:nowrap">PDI-Since</FONT><BR>2014</FONT>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:1px"><FONT SIZE="1">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Managing Director and Head of PIMCO Europe, Middle East and Africa (since 2016). Director of a number of PIMCO&#146;s Europeans investment vehicles and affiliates (since 2008).
Formerly, Head of Strategic Business Management, PIMCO (2014-2016), head of PIMCO&#146;s Munich office and head of European product management for&nbsp;PIMCO.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">26</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">None</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">19 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="18%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="36%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="14%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:37pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Name,<BR>Address,<BR>Year of Birth<BR>and Class*</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Position(s)<BR>Held<BR>with&nbsp;the<BR>Funds</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Term of<BR>Office&nbsp;and<BR>Length of<BR>Time&nbsp;Served</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Principal Occupation(s)</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>During the Past 5 Years</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Number<BR>of<BR>Portfolios<BR>in Fund<BR>Complex<BR>Overseen<BR>by<BR>Trustee/<BR>Nominee</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Other<BR>Directorships<BR>Held by<BR>Trustee/<BR>Nominee
<BR>During the<BR>Past 5&nbsp;Years</B></FONT></P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">John C. Maney*** 1959</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">650 Newport Center Drive, Newport Beach, CA 92660</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">RCS-Class&nbsp;II</FONT></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">PFL/PFN/PHK/PDI-</FONT> Class&nbsp;III</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">PGP-currently,</FONT> Class&nbsp;III, if elected as nominated, Class&nbsp;II</FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:1px"><FONT SIZE="1">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Trustee,<BR>Nominee</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">RCS-Since</FONT><BR>2008</FONT>
<P STYLE="margin-bottom:0px; margin-top:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">PGP/PFL/<BR>PFN/PHK-<BR>Since<BR>2006</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-bottom:0px; margin-top:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">PDI-Since</FONT><BR>2012</FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:1px"><FONT SIZE="1">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Managing Director of Allianz Asset Management of America L.P. (since January 2005) and a member of the Management Board and Chief Operating Officer of Allianz Asset Management of
America L.P. (since November 2006). Formerly, Member of the Management Board of Allianz Global Investors Fund Management LLC (2007-2014) and Managing Director of Allianz Global Investors Fund Management LLC (2011-2014).</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">26</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">None</FONT></TD></TR>
</TABLE> <P STYLE="line-height:8px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">*</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Unless otherwise indicated, the business address of the persons listed above is c/o Pacific Investment Management Company LLC, 1633 Broadway, New York, New York 10019.
</FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">**</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr.&nbsp;Dawson is an Interested Trustee of each Fund due to his affiliation with PIMCO and its affiliates. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">***</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr.&nbsp;Maney is an Interested Trustee of each Fund due to his affiliation with Allianz Asset Management of America L.P. and its affiliates. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The following table states the dollar range of equity securities beneficially owned as of the Record Date by each Trustee and nominee of
each Fund and, on an aggregate basis, of any registered investment companies overseen by the Trustees in the &#147;family of investment companies,&#148; including the Funds. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">20 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="18%"></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:59pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Name of Trustee/<BR>Nominee</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Dollar&nbsp;Range&nbsp;of&nbsp;Equity<BR>Securities&nbsp;in&nbsp;the&nbsp;Funds*</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Aggregate&nbsp;Dollar&nbsp;Range<BR>of Equity Securities in<BR>All Registered<BR>Investment Companies<BR>Overseen
by&nbsp;Trustee/<BR>Nominee in&nbsp;the Family<BR>of&nbsp;Investment<BR>Companies*</B></FONT></TD></TR>


<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top" COLSPAN="5"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Independent Trustees/Nominees</B></FONT></P></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Hans W. Kertess</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Over $100,000 (PDI)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Over&nbsp;$100,000</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Deborah A. DeCotis</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">$10,001&nbsp;-&nbsp;$50,000&nbsp;(PDI)</FONT></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Over&nbsp;$100,000</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Bradford K. Gallagher</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Over $100,000<BR>(PFL,&nbsp;RCS and PFN)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Over&nbsp;$100,000</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">James A. Jacobson</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">None</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Over&nbsp;$100,000</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">William B. Ogden, IV</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">None</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Over&nbsp;$100,000</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Alan Rappaport</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">$10,001&nbsp;-&nbsp;$50,000&nbsp;(PFL)</FONT></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Over&nbsp;$100,000</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top" COLSPAN="5"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Interested Trustees/Nominees</B></FONT></P></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">John C. Maney</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Over&nbsp;$100,000&nbsp;(PDI)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Over&nbsp;$100,000</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Craig A. Dawson</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">$10,001&nbsp;-&nbsp;$50,000</FONT> (PHK<BR>and PFN)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Over&nbsp;$100,000</FONT></TD></TR>
</TABLE> <P STYLE="line-height:8px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">*</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Securities are valued as of the Record Date. </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">To the knowledge of the Funds, as of the Record Date, Trustees and nominees who are Independent Trustees or Independent Nominees and their immediate family members did not own securities of an investment
adviser or principal underwriter of the Funds or a person (other than a registered investment company) directly or indirectly controlling, controlled by, or under common control with an investment adviser or principal underwriter of the Funds.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr.&nbsp;Ogden owns a less than 1% limited liability company interest in PIMCO Global Credit Opportunity Onshore Fund LLC, a
PIMCO-sponsored private investment vehicle. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I>Compensation.</I></B>&nbsp;Each of the Independent Trustees also serves as
a trustee of PIMCO Municipal Income Fund, PIMCO California Municipal Income Fund, PIMCO New York Municipal Income Fund, PIMCO Municipal Income Fund II, PIMCO California Municipal Income Fund II, PIMCO New York Municipal Income Fund II, PIMCO
Municipal Income Fund III, PIMCO California Municipal Income Fund III, PIMCO New York Municipal Income Fund III, PIMCO Dynamic Credit Mortgage&nbsp;&amp; Income Fund, PIMCO Corporate&nbsp;&amp; Income Strategy Fund, PIMCO Corporate&nbsp;&amp; Income
Opportunity Fund, PCM Fund, Inc., and PIMCO Income Opportunity Fund, each a <FONT STYLE="white-space:nowrap">closed-end</FONT> fund for which the Manager serves as investment manager (together with the Funds, the &#147;PIMCO <FONT
STYLE="white-space:nowrap">Closed-End</FONT> Funds&#148;), as well as PIMCO Flexible Credit Income Fund, a </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">21 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
closed end management investment company that is operated as an &#147;interval fund&#148; for which the Manager serves as investment manager (&#147;PFLEX&#148;), and PIMCO Managed Accounts Trust
(&#147;PMAT&#148;), an <FONT STYLE="white-space:nowrap">open-end</FONT> management investment company with multiple series for which the Manager serves as investment adviser and administrator (together with the PIMCO
<FONT STYLE="white-space:nowrap">Closed-End</FONT> Funds and PFLEX, the &#147;PIMCO-Managed Funds&#148;). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">In addition, each
of the Independent Trustees also serves as a trustee of AllianzGI Diversified Income&nbsp;&amp; Convertible Fund, AllianzGI Convertible&nbsp;&amp; Income Fund, AllianzGI Convertible&nbsp;&amp; Income Fund II, AllianzGI NFJ Dividend,
Interest&nbsp;&amp; Premium Strategy Fund, AllianzGI Equity&nbsp;&amp; Convertible Income Fund, Allianz Funds, Allianz Funds Multi-Strategy Trust, AllianzGI Institutional Multi-Series Trust and Premier Multi-Series VIT (together, the
&#147;Allianz-Managed Funds&#148;), for which Allianz Global Investors Fund Management LLC (&#147;AGIFM&#148;), an affiliate of PIMCO that served as the investment manager of the PIMCO <FONT STYLE="white-space:nowrap">Closed-End</FONT> Funds and
PMAT prior to the close of business on September&nbsp;5, 2014, (see &#147;Additional Information &#151; Investment Manager&#148; below) served as investment adviser through September&nbsp;30, 2016. Effective October&nbsp;1, 2016, AGIFM merged into
Allianz Global Investors U.S. LLC (&#147;AGI U.S.&#148;), and has since served as investment adviser to the Allianz-Managed Funds. Subsequent to September&nbsp;5, 2014, the Independent Trustees receive separate compensation from the Allianz-Managed
Funds in addition to amounts received for service on the Boards of the PIMCO-Managed Funds. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">As indicated below, certain of
the officers of the Funds are affiliated with the Manager. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Each of the PIMCO-Managed Funds holds joint meetings of their
Boards of Trustees whenever possible. Each Independent Trustee currently receives annual compensation of $225,000 for his or her service on the Boards of the PIMCO-Managed Funds, payable quarterly. The Independent Chairman of the Boards receives an
additional $75,000 per year, payable quarterly. The Audit Oversight Committee Chairman receives an additional $50,000 annually, payable quarterly. Trustees are also reimbursed for meeting-related expenses. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Each Trustee&#146;s compensation for his or her service as a Trustee on the Boards of the PIMCO-Managed Funds and other costs in
connection with joint meetings of such Funds are allocated among the PIMCO-Managed Funds, as applicable, on the basis of fixed percentages as among PMAT, PFLEX and the PIMCO <FONT STYLE="white-space:nowrap">Closed-End</FONT> Funds. Trustee
compensation and other costs are then further allocated pro rata among the individual funds within each grouping based on each such fund&#146;s relative net assets. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">22 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Funds have no employees. The Funds&#146; officers, Mr.&nbsp;Dawson and Mr.&nbsp;Maney
are compensated by the Manager or its affiliates, as applicable. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustees do not currently receive any pension or
retirement benefits from the Funds or the Fund Complex. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The following table provides information concerning the compensation
paid to the Trustees and nominees for the fiscal years ended July&nbsp;31, 2016 for PFL, PFN and PHK, and the fiscal years ended June&nbsp;30, 2016 for RCS, PGP and PDI. For the calendar year ended December&nbsp;31, 2016, the Trustees received the
compensation set forth in the table below for serving as Trustees of the Funds and other funds in the same Fund Complex as the Funds. Each officer and each Trustee who is a director, officer, partner, member or employee of the Manager, or of any
entity controlling, controlled by or under common control with the Manager, including any Interested Trustee, serves without any compensation from the Funds. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Compensation Table </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="49%"></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:94pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Name of Trustee/ Nominees</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Aggregate<BR>Compensation<BR>from RCS for<BR>the Fiscal<BR>Year
Ended<BR>June&nbsp;30,<BR>2016</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Aggregate<BR>Compensation<BR>from PGP for<BR>the Fiscal<BR>Year
Ended<BR>June&nbsp;30,<BR>2016</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Aggregate<BR>Compensation<BR>from PFL for<BR>the Fiscal<BR>Year
Ended<BR>July&nbsp;31,<BR>2016</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Independent Trustee/Nominee</U></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Hans W. Kertess</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">7,175</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">2,422</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">6,727</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Bradford K. Gallagher</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">5,381</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,816</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">5,045</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">James A. Jacobson</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">6,577</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">2,220</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">6,167</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">William B. Ogden, IV</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">5,381</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,816</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">5,045</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Alan Rappaport</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">5,381</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,816</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">5,045</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Deborah A. DeCotis</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">5,381</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,816</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">5,045</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Interested Trustee/Nominee</U></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">John C. Maney**</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Craig A. Dawson**</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">23 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:59pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Name of Trustee/<BR>Nominees</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Aggregate<BR>Compensation<BR>from PFN for<BR>the Fiscal<BR>Year
Ended<BR>July&nbsp;31,<BR>2016</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Aggregate<BR>Compensation<BR>from PHK for<BR>the Fiscal<BR>Year
Ended<BR>July&nbsp;31,<BR>2016</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Aggregate<BR>Compensation<BR>from PDI for<BR>the Fiscal<BR>Year
Ended<BR>June&nbsp;30,<BR>2016</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Total&nbsp;Compensation<BR>from the Funds and<BR>Fund Complex
Paid<BR>to&nbsp;Trustees/Nominees<BR>for&nbsp;the&nbsp;Calendar&nbsp;Year<BR>Ended December&nbsp;31,<BR>2016*</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top" COLSPAN="4"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Independent Trustee/Nominee</U></B></FONT></P></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Hans W. Kertess</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">13,824</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">21,665</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">27,366</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">525,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Bradford K. Gallagher</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">10,368</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">16,249</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">20,524</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">450,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">James A. Jacobson</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">12,672</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">19,859</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">25,085</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">525,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">William B. Ogden, IV</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">10,368</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">16,249</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">20,524</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">450,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Alan Rappaport</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">10,368</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">16,249</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">20,524</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">450,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Deborah A. DeCotis</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">10,368</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">16,249</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">20,524</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">450,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top" COLSPAN="4"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Interested Trustee/Nominee</U></B></FONT></P></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">John C. Maney**</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Craig A. Dawson**</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="line-height:8px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">*</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">In addition to the PIMCO-Managed Funds, which are advised by the Manager, during each Fund&#146;s most recently completed calendar year, all of the Trustees (other than
Messrs. Dawson and Maney) served as trustees of the Allianz-Managed Funds, which were previously managed by AGIFM and are currently managed by AGI U.S. The Allianz-Managed Funds and the PIMCO-Managed Funds are considered to be in the same &#147;Fund
Complex.&#148; Ms.&nbsp;DeCotis and Messrs. Kertess, Gallagher, Jacobson, Ogden and Rappaport currently serve as trustee or director of 89 funds in the Fund Complex. Mr.&nbsp;Maney and Mr.&nbsp;Dawson currently serve as trustee or director of 26
funds in the Fund Complex. For the calendar year ended December&nbsp;31, 2016, amounts received by the Trustees from PIMCO-Managed Funds were: for Mr.&nbsp;Kertess, $300,000; for Mr.&nbsp;Jacobson, $275,000; for each of Messrs. Gallagher, Ogden,
Rappaport and Ms.&nbsp;DeCotis, $225,000. These amounts are included in the Fund Complex totals in the table above. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">**</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Neither Mr.&nbsp;Dawson nor Mr.&nbsp;Maney receives compensation from the Funds. </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Trustee Qualifications</B>&nbsp;&#151; The Board has determined that each Trustee is qualified to serve as such based on several factors (none of which alone is decisive). Each Trustee, with the
exception of Mr.&nbsp;Dawson, has served in such role for several years. Mr.&nbsp;Dawson, who is also a Managing Director and Head of PIMCO Europe, Middle East and Africa, has served as a Trustee of each Fund since PIMCO assumed the role of the
Funds&#146; investment manager in September 2014. Accordingly, each Trustee is knowledgeable about the Funds&#146; business and service provider arrangements and, with the exception of Mr.&nbsp;Dawson, has also served for several years as trustee or
director to a number of other investment companies advised by the Manager and its affiliates. Mr.&nbsp;Dawson has served for </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">24 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
several years as trustee or director to a number of European investment vehicles and affiliates. Among the factors the Board considered when concluding that an individual is qualified to serve on
the Board were the following: (i)&nbsp;the individual&#146;s business and professional experience and accomplishments; (ii)&nbsp;the individual&#146;s ability to work effectively with other members of the Board; (iii)&nbsp;the individual&#146;s
prior experience, if any, serving on the boards of public companies (including, where relevant, other investment companies) and other complex enterprises and organizations; and (iv)&nbsp;how the individual&#146;s skills, experiences and attributes
would contribute to an appropriate mix of relevant skills and experience on the Board. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">In respect of each current Trustee,
the individual&#146;s substantial professional accomplishments and prior experience, including, in some cases, in fields related to the operations of the Funds, were a significant factor in the determination by the Board that the individual is
qualified to serve as a Trustee of the Funds. The following is a summary of various qualifications, experiences and skills of each Trustee (in addition to business experience during the past five years set forth in the table above) that contributed
to the Board&#146;s conclusion that an individual is qualified to serve on the Board. References to qualifications, experiences and skills are not intended to hold out the Board or individual Trustees as having any special expertise or experience,
and shall not impose any greater responsibility or liability on any such person or on the Board by reason thereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Hans W.
Kertess</B>&nbsp;&#151; Mr.&nbsp;Kertess has substantial executive experience in the investment management industry. He is the president of a financial advisory company, H. Kertess&nbsp;&amp; Co. and a Senior Adviser of Royal Bank of Canada Capital
Markets, and formerly served as a Managing Director of Royal Bank of Canada Capital Markets. He has significant expertise in the investment banking industry. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Craig A. Dawson</B> &#151; Mr.&nbsp;Dawson has substantial executive experience in the investment management industry. Mr.&nbsp;Dawson is a Managing Director and Head of PIMCO Europe, Middle East and
Africa. In that role he is in charge of guiding PIMCO&#146;s business initiatives in Europe, the Middle East and Africa. Prior to taking on this position, Mr.&nbsp;Dawson was PIMCO&#146;s Head of Strategic Business Management. Mr.&nbsp;Dawson also
serves as a Director of a number of PIMCO&#146;s European investment vehicles and affiliates. Because of his familiarity with PIMCO and its affiliates, Mr.&nbsp;Dawson serves as an important information resource for the Independent Trustees and as a
facilitator of communication with PIMCO. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Deborah A. DeCotis</B>&nbsp;&#151; Ms.&nbsp;DeCotis has substantial senior
executive experience in the investment banking industry, having served as a Managing </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">25 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
Director for Morgan Stanley. She has extensive board experience and experience in oversight of investment management functions through her experience as a former Director of the Helena Rubenstein
Foundation, Stanford Graduate School of Business and Armor Holdings. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Bradford K. Gallagher</B>&nbsp;&#151;
Mr.&nbsp;Gallagher has substantial executive and board experience in the financial services and investment management industries. He has served as director to several other investment companies. Having served on the Operating Committee of Fidelity
Investments and as a Managing Director and President of Fidelity Investments Institutional Services Company, he provides the Funds with significant asset management industry expertise. He also brings significant securities industry experience,
having served as a developer and founder of several enterprises and private investment vehicles. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>James A.
Jacobson</B>&nbsp;&#151; Mr.&nbsp;Jacobson has substantial executive and board experience in the financial services industry. He served for more than 15&nbsp;years as a senior executive at a New York Stock Exchange (the &#147;NYSE&#148;) specialist
firm. He has also served on the NYSE Board of Directors, including terms as Vice Chair. As such, he provides significant expertise on matters relating to portfolio brokerage and trade execution. He also provides the Funds with significant financial
expertise, serves as the Audit Oversight Committee&#146;s Chair and has been determined by the Board to be an &#147;audit committee financial expert.&#148; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>John C. Maney</B>&nbsp;&#151; Mr.&nbsp;Maney has substantial executive and board experience in the investment management industry. He has served in a variety of senior-level positions with investment
advisory firms affiliated with the Manager. Because of his familiarity with the Manager and affiliated entities, he serves as an important information resource for the Independent Trustees and as a facilitator of communication with Allianz Asset
Management of America L.P., PIMCO&#146;s U.S. parent company. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>William B. Ogden, IV</B>&nbsp;&#151; Mr.&nbsp;Ogden has
substantial senior executive experience in the investment banking industry. He served as Managing Director at Citigroup, where he established and led the firm&#146;s efforts to raise capital for, and provide mergers and acquisition advisory services
to, asset managers and investment advisers. He also has significant expertise with fund products through his senior-level responsibility for originating and underwriting a broad variety of such products. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Alan Rappaport</B>&nbsp;&#151; Mr.&nbsp;Rappaport has substantial senior executive experience in the financial services industry. He
formerly served as Chairman </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">26 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
and President of the Private Bank of Bank of America and as Vice Chairman of U.S.&nbsp;Trust. He is currently an Advisory Director of an investment firm. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Board Committees and Meetings. </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Audit Oversight Committee.</B>&nbsp;The Board of each Fund has established an Audit Oversight Committee in accordance with Section&nbsp;3(a)(58)(A) of the Securities Exchange Act of 1934, as amended
(the &#147;Exchange Act&#148;). Each Fund&#146;s Audit Oversight Committee currently consists of Messrs. Gallagher, Jacobson, Kertess, Ogden, Rappaport and Ms.&nbsp;DeCotis, each of whom is an Independent Trustee. Mr.&nbsp;Jacobson is the current
Chair of each Fund&#146;s Audit Oversight Committee. Each Fund&#146;s Audit Oversight Committee provides oversight with respect to the internal and external accounting and auditing procedures of each Fund and, among other things, determines the
selection of the independent registered public accounting firm for each Fund and considers the scope of the audit, approves all audit and permitted <FONT STYLE="white-space:nowrap">non-audit</FONT> services proposed to be performed by those auditors
on behalf of each Fund, and approves <FONT STYLE="white-space:nowrap">non-audit</FONT> services to be performed by the auditors for certain affiliates, including the Manager and entities in a control relationship with the Manager that provide
services to each Fund where the engagement relates directly to the operations and financial reporting of the Fund. The Committee considers the possible effect of those services on the independence of the Funds&#146; independent registered public
accounting firm. Each member of each Fund&#146;s Audit Oversight Committee is &#147;independent,&#148; as independence for audit committee members is defined in the currently applicable listing standards of the NYSE, on which the Common Shares of
each Fund are listed. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Board of each Fund has adopted a written charter for its Audit Oversight Committee. A copy of the
written charter for each Fund, as amended through February&nbsp;24, 2017, is attached to this Proxy Statement as&nbsp;<U>Exhibit A</U>. A report of the Audit Oversight Committee of RCS, PGP and PDI, dated August&nbsp;24, 2016, is attached to this
Proxy Statement as <U>Exhibit <FONT STYLE="white-space:nowrap">C-1</FONT></U>. A report of the Audit Oversight Committee of PFL, PFN and PHK, dated September&nbsp;22, 2016, is attached to this Proxy Statement as <U>Exhibit <FONT
STYLE="white-space:nowrap">C-2</FONT></U>. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Nominating Committee.</B>&nbsp;The Board of each Fund has established a
Nominating Committee composed solely of Independent Trustees, currently consisting of Messrs. Gallagher, Jacobson, Kertess, Ogden, Rappaport and Ms.&nbsp;DeCotis. The Nominating Committee is responsible for reviewing and recommending qualified
candidates to the Board in the event that a position is vacated or created or when Trustees are to be <FONT STYLE="white-space:nowrap">re-elected.</FONT> The Nominating Committee of each Fund has adopted a charter, which is attached to this Proxy
Statement as <U>Exhibit B</U>. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">27 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Each member of each Fund&#146;s Nominating Committee is &#147;independent,&#148; as
independence for nominating committee members is defined in the currently applicable listing standards of the NYSE, on which the Common Shares of each Fund are listed. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Qualifications, Evaluation and Identification of Trustees/Nominees.</B>&nbsp;The Nominating Committee of each Fund requires that Trustee candidates have a college degree or equivalent business
experience. When evaluating candidates, each Fund&#146;s Nominating Committee may take into account a wide variety of factors including, but not limited to: (i)&nbsp;availability and commitment of a candidate to attend meetings and perform his or
her responsibilities on the Board, (ii)&nbsp;relevant industry and related experience, (iii)&nbsp;educational background, (iv)&nbsp;ability, judgment and expertise and (v)&nbsp;overall diversity of the Board&#146;s composition. The process of
identifying nominees involves the consideration of candidates recommended by one or more of the following sources: (i)&nbsp;the Fund&#146;s current Trustees, (ii)&nbsp;the Fund&#146;s officers, (iii)&nbsp;the Fund&#146;s investment adviser,
(iv)&nbsp;shareholders of the Fund, and (v)&nbsp;any other source the Committee deems to be appropriate. The Nominating Committee of each Fund may, but is not required to, retain a third party search firm at a Fund&#146;s expense to identify
potential candidates. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Consideration of Candidates Recommended by Shareholders.</B>&nbsp;The Nominating Committee of each
Fund will review and consider nominees recommended by Shareholders to serve as Trustees, provided that the recommending Shareholder follows the &#147;Procedures for Shareholders to Submit Nominee Candidates for the PIMCO Sponsored <FONT
STYLE="white-space:nowrap">Closed-End</FONT> Funds,&#148; which are set forth as Appendix B to the Funds&#146; Nominating Committee Charter, attached to this Proxy Statement as <U>Exhibit B</U>. Among other requirements, these procedures provide
that the recommending Shareholder must submit any recommendation in writing to the Fund, to the attention of the Fund&#146;s Secretary, at the address of the principal executive offices of the Fund and that such submission must be received at such
offices not less than 45 days nor more than 75 days prior to the date of the Board or shareholder meeting at which the nominee would be elected. Any recommendation must include certain biographical and other information regarding the candidate and
the recommending Shareholder, and must include a written and signed consent of the candidate to be named as a nominee and to serve as a Trustee if elected. The foregoing description of the requirements is only a summary. Please refer to Appendix B
to the Nominating Committee Charter for each Fund, which is attached to this Proxy Statement as <U>Exhibit B</U> for details. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Nominating Committee has full discretion to reject nominees recommended by Shareholders, and there is no assurance that any such
person properly recommended and considered by the Committee will be nominated for election to the Board of each Fund. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">28 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Diversity.</B>&nbsp;The Nominating Committee takes diversity of a particular nominee and
overall diversity of the Board into account when considering and evaluating nominees for Trustee. While the Committee has not adopted a particular definition of diversity, when considering a nominee&#146;s and the Board&#146;s diversity, the
Committee generally considers the manner in which each nominee&#146;s professional experience, education, expertise in matters that are relevant to the oversight of the Funds (<I>e.g.</I>, investment management, distribution, accounting, trading,
compliance, legal), general leadership experience, and life experience are complementary and, as a whole, contribute to the ability of the Board to oversee the Funds. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Valuation Oversight Committee.</B>&nbsp;The Board of each Fund has established a Valuation Oversight Committee currently consisting of Messrs. Gallagher, Jacobson, Kertess, Ogden and Rappaport and
Ms.&nbsp;DeCotis. Mr.&nbsp;Ogden is the Chair of each Fund&#146;s Valuation Oversight Committee. The Valuation Oversight Committee has been delegated responsibility by the Board for overseeing determination of the fair value of each Fund&#146;s
portfolio securities and other assets on behalf of the Board in accordance with the Funds&#146; valuation procedures. The Valuation Oversight Committee of each Fund reviews and approves procedures for the fair valuation of the Fund&#146;s portfolio
securities and periodically reviews information from the Manager regarding fair value determinations made pursuant to Board-approved procedures, and makes related recommendations to the full Board and assists the full Board in resolving particular
fair valuation and other valuation matters. In certain circumstances as specified in the Funds&#146; valuation policies, the Valuation Oversight Committee may also determine the fair value of portfolio holdings after consideration of all relevant
factors, which determinations shall be reported to the full Board. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Compensation Committee.</B>&nbsp;The Board of each Fund
has established a Compensation Committee currently consisting of Messrs. Gallagher, Jacobson, Kertess, Ogden, Rappaport and Ms.&nbsp;DeCotis. The Compensation Committee of meets as the Board deems necessary to review and make recommendations
regarding compensation payable to the Trustees of the Fund who are not directors, officers, partners or employees of the Manager or any entity controlling, controlled by or under common control with the Manager. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Contracts Committee.</B>&nbsp;The Board of each Fund has established a Contracts Committee currently consisting of Messrs. Gallagher,
Jacobson, Kertess, Ogden, Rappaport and Ms.&nbsp;DeCotis. Ms.&nbsp;DeCotis is the Chair of each Fund&#146;s Contracts Committee. The Contracts Committee meets as the Board deems necessary to review the performance of, and the reasonableness of the
fees paid to, as applicable, the Funds&#146; investment adviser(s) and any <FONT STYLE="white-space:nowrap">sub-adviser(s),</FONT> administrators(s) and principal underwriters(s) and to make recommendations to
</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">29 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
the Board regarding the approval and continuance of each Fund&#146;s contractual arrangements for investment advisory, <FONT STYLE="white-space:nowrap">sub-advisory,</FONT> administrative and
distribution services, as applicable. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Performance Committee.</B>&nbsp;The Board has established a Performance Committee,
which consists of Messrs. Gallagher, Jacobson, Kertess, Ogden, Rappaport, Maney and Dawson and Ms.&nbsp;DeCotis. Mr.&nbsp;Rappaport is the Chair of the Performance Committee. The Performance Committee&#146;s responsibilities include reviewing the
performance of the Funds and any changes in investment philosophy, approach and personnel of the Funds&#146; Manager. The Performance Committee was established on March 23, 2017 to handle these responsibilities that have been performed to date by
the full Board and will hold its initial meeting in June 2017. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Meetings.</B>&nbsp;With respect to RCS, during the fiscal
year ended June&nbsp;30, 2016, the Board of Directors held four regular meetings and three special meetings. The Audit Oversight Committee met in separate session ten times, the Nominating Committee met in separate session once, the Valuation
Oversight Committee met in separate session four times, the Compensation Committee met in separate session once and the Contracts Committee met in separate session twice. The Performance Committee was established on March&nbsp;23, 2017, and
therefore did not meet during the fiscal year. Each Director attended in person or via teleconference at least 75% of the regular meetings of the Board and meetings of the committees on which such Director served for RCS that were held during the
fiscal period ended June&nbsp;30, 2016. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">With respect to PGP, during the fiscal year ended June&nbsp;30, 2016, the Board of
Trustees held four regular meetings and three special meetings. The Audit Oversight Committee met in separate session ten times, the Nominating Committee met in separate session once, the Valuation Oversight Committee met in separate session four
times, the Compensation Committee met in separate session once and the Contracts Committee met in separate session twice. The Performance Committee was established on March&nbsp;23, 2017, and therefore did not meet during the fiscal year. Each
Trustee attended in person or via teleconference at least 75% of the regular meetings of the Board and meetings of the committees on which such Trustee served for PGP that were held during the fiscal year ended June&nbsp;30, 2016. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">With respect to PFL, during the fiscal year ended July&nbsp;31, 2016, the Board of Trustees held four regular meetings and three special
meetings. The Audit Oversight Committee met in separate session nine times, the Nominating Committee met in separate session once, the Valuation Oversight Committee met in separate session four times and the Compensation Committee met in separate
session once and the Contracts Committee met in separate session twice. The </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">30 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
Performance Committee was established on March&nbsp;23, 2017, and therefore did not meet during the fiscal year. Each Trustee attended in person or via teleconference at least 75% of the regular
meetings of the Board and meetings of the committees on which such Trustee served for PFL that were held during the fiscal year ended July&nbsp;31, 2016. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">With respect to PFN, during the fiscal year ended July&nbsp;31, 2016, the Board of Trustees held four regular meetings and three special meetings. The Audit Oversight Committee met in separate session
nine times, the Nominating Committee met in separate session once, the Valuation Oversight Committee met in separate session four times and the Compensation Committee met in separate session once and the Contracts Committee met in separate session
twice. The Performance Committee was established on March&nbsp;23, 2017, and therefore did not meet during the fiscal year. Each Trustee attended in person or via teleconference at least 75% of the regular meetings of the Board and meetings of the
committees on which such Trustee served for PFN that were held during the fiscal year ended July&nbsp;31, 2016. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">With respect
to PHK, during the fiscal year ended July&nbsp;31, 2016, the Board of Trustees held four regular meetings and three special meetings. The Audit Oversight Committee met in separate session nine times, the Nominating Committee met in separate session
once, the Valuation Oversight Committee met in separate session four times and the Compensation Committee met in separate session once and the Contracts Committee met in separate session twice. The Performance Committee was established on
March&nbsp;23, 2017, and therefore did not meet during the fiscal year. Each Trustee attended in person or via teleconference at least 75% of the regular meetings of the Board and meetings of the committees on which such Trustee served for PHK that
were held during the fiscal year ended July&nbsp;31, 2016. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">With respect to PDI, during the fiscal year ended June&nbsp;30,
2016, the Board of Trustees held four regular meetings and three special meetings. The Audit Oversight Committee met in separate session ten times, the Nominating Committee met in separate session once, the Valuation Oversight Committee met in
separate session four times, the Compensation Committee met in separate session once and the Contracts Committee met in separate session twice. The Performance Committee was established on March&nbsp;23, 2017, and therefore did not meet during the
fiscal year. Each Trustee attended in person or via teleconference at least 75% of the regular meetings of the Board and meetings of the committees on which such Trustee served for PDI that were held during the fiscal year ended June&nbsp;30, 2016.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustees generally do not attend the annual shareholder meetings. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">31 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Shareholder Communications with the Board of Trustees.</B>&nbsp;The Board of Trustees of
each Fund has adopted procedures by which Shareholders may send communications to the Board. Shareholders may mail written communications to the Board to the attention of the Board of Trustees, [name of Fund], c/o Joshua D. Ratner, Vice President,
Secretary and Chief Legal Officer (&#147;CLO&#148;), Pacific Investment Management Company LLC, 1633 Broadway, New York, New York 10019. Shareholder communications must (i)&nbsp;be in writing and be signed by the Shareholder and (ii)&nbsp;identify
the class and number of Shares held by the Shareholder. The CLO of each Fund or his designee is responsible for reviewing properly submitted shareholder communications. The CLO shall either (i)&nbsp;provide a copy of each properly submitted
shareholder communication to the Board at its next regularly scheduled Board meeting or (ii)&nbsp;if the CLO determines that the communication requires more immediate attention, forward the communication to the Trustees promptly after receipt. The
CLO may, in good faith, determine that a shareholder communication should not be provided to the Board because it does not reasonably relate to a Fund or its operations, management, activities, policies, service providers, Board, officers,
shareholders or other matters relating to an investment in a Fund or is otherwise routine or ministerial in nature. These procedures do not apply to (i)&nbsp;any communication from an officer or Trustee of a Fund, (ii)&nbsp;any communication from an
employee or agent of a Fund, unless such communication is made solely in such employee&#146;s or agent&#146;s capacity as a shareholder, or (iii)&nbsp;any shareholder proposal submitted pursuant to Rule <FONT STYLE="white-space:nowrap">14a-8</FONT>
under the Exchange Act or any communication made in connection with such a proposal. A Fund&#146;s Trustees are not required to attend the Fund&#146;s annual shareholder meetings or to otherwise make themselves available to shareholders for
communications, other than by the aforementioned procedures. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Section</B><B></B><B>&nbsp;16(a) Beneficial Ownership
Reporting Compliance.</B>&nbsp;Each Fund&#146;s Trustees and certain officers, investment adviser, certain affiliated persons of the investment adviser and persons who beneficially own more than 10% of any class of outstanding securities of a Fund
(<I>i.e.</I>, a Fund&#146;s Common Shares or Preferred Shares) are required to file forms reporting their affiliation with the Fund and reports of ownership and changes in ownership of the Fund&#146;s securities with the Securities and Exchange
Commission (the &#147;SEC&#148;) and the NYSE. These persons and entities are required by SEC regulation to furnish each Fund with copies of all such forms they file. Based solely on a review of these forms furnished to each Fund during the most
recently concluded fiscal year, each Fund believes that each of the Trustees and officers, investment adviser and relevant affiliated persons of the investment adviser and the persons who beneficially own more than 10% of any class of outstanding
securities of the Fund has complied with all applicable filing requirements during each Fund&#146;s respective fiscal year. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Required Vote.</B>&nbsp;The <FONT STYLE="white-space:nowrap">re-election</FONT> of Messrs. Kertess, Gallagher and Maney to the Board
of Directors of RCS will require the affirmative vote of a plurality </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">32 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
of the votes of the Common Shareholders of RCS cast in the election of Directors at the Meeting, in person or by proxy. The election of Ms.&nbsp;DeCotis and Mr.&nbsp;Maney and the <FONT
STYLE="white-space:nowrap">re-election</FONT> of Mr.&nbsp;Rappaport to the Board of Trustees of PGP will require the affirmative vote of a plurality of the votes of the Common Shareholders of the Fund cast in the election of Trustees at the Meeting,
in person or by proxy. The <FONT STYLE="white-space:nowrap">re-election</FONT> of Mr.&nbsp;Ogden to the Board of Trustees of PFL will require the affirmative vote of a plurality of the votes of Common Shareholders and Preferred Shareholders of the
Fund (voting together as a single class) cast in the election of Trustees at the Meeting, in person or by proxy. The <FONT STYLE="white-space:nowrap">re-election</FONT> of Mr.&nbsp;Kertess to Board of Trustees of PFL will require the affirmative
vote of a plurality of the votes of Preferred Shareholders of the Fund (voting as a separate class) cast in the election of Trustees at the Meeting, in person or by proxy. The <FONT STYLE="white-space:nowrap">re-election</FONT> of Messrs. Kertess,
Jacobson and Maney to the Board of Trustees of PFN will require the affirmative vote of a plurality of the votes of Common Shareholders and Preferred Shareholders of the Fund (voting together as a single class) cast in the election of Trustees at
the Meeting, in person or by proxy. The <FONT STYLE="white-space:nowrap">re-election</FONT> of Messrs. Gallagher and Dawson to the Board of Trustees of PHK will require the affirmative vote of a plurality of the votes of Common Shareholders and
Preferred Shareholders of the Fund (voting together as a single class) cast in the election of Trustees at the Meeting, in person or by proxy. The <FONT STYLE="white-space:nowrap">re-election</FONT> of Mr.&nbsp;Jacobson to the Board of Trustees of
PHK will require the affirmative vote of a plurality of the votes of the Preferred Shareholders of the Fund (voting as a separate class) cast in the election of the Preferred Shares Trustee at the Meeting, in person or by proxy. The <FONT
STYLE="white-space:nowrap">re-election</FONT> of Messrs. Gallagher, Jacobson and Dawson to the Board of Trustees of PDI will require the affirmative vote of a plurality of the votes of Common Shareholders of the Fund cast in the election of Trustees
at the Meeting, in person or by proxy. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I>THE BOARD OF TRUSTEES OF EACH FUND UNANIMOUSLY RECOMMENDS THAT YOU VOTE FOR THE
PROPOSAL FOR EACH FUND. </I></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>ADDITIONAL INFORMATION </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Executive and Other Officers of the Funds.</B>&nbsp;The table below provides certain information concerning the executive officers of
the Funds and certain other officers who perform similar duties. Officers of PGP, PFL, PFN, PHK and PDI hold office at the pleasure of the relevant Board and until their successors are chosen and qualified, or in each case until he or she sooner
dies, resigns, is removed with or without cause or becomes disqualified. Officers of RCS shall be elected or appointed by the Board of Directors each year at its first meeting held after the annual meeting of Shareholders, or at any other time.
Officers serve at the pleasure of the Board. Each such officer shall hold office until his or her </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">33 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
successor shall have been duly elected or appointed and qualified, or until his or her death, or until he or she shall have resigned or have been removed. Officers and employees of the Funds who
are principals, officers, members or employees of the Manager are not compensated by the Funds. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="18%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="42%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Name,<BR>Address<BR></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000;width:60pt"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>and&nbsp;Year&nbsp;of&nbsp;Birth</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Position(s)<BR>Held<BR>with&nbsp;Fund</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Term&nbsp;of</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Office&nbsp;and</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>Length of<BR></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Time&nbsp;Served</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Principal&nbsp;Occupation(s)</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>During&nbsp;the&nbsp;Past&nbsp;5&nbsp;Years</B></FONT></P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Peter G. Strelow</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1 </SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1970</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">President</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since&nbsp;2014</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Managing Director and Chief Administrative Officer, PIMCO. President, PIMCO-Managed Funds, PIMCO Funds, PIMCO Variable Insurance Trust, PIMCO ETF Trust, PIMCO Equity Series and
PIMCO Equity Series VIT.</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Youse
Guia</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1 </SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1972</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Chief<BR>Compliance<BR>Officer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since 2014</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Senior Vice President and Deputy Chief Compliance Officer, PIMCO. Chief Compliance Officer, PIMCO-Managed Funds. Formerly, Head of Compliance, Allianz Global Investors U.S. Holdings
LLC and Chief Compliance Officer of the Allianz Funds, Allianz Multi-Strategy Trust, Allianz Global Investors Sponsored <FONT STYLE="white-space:nowrap">Closed-End</FONT> Funds, Premier Multi-Series VIT and The Korea Fund, Inc.</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Joshua D. Ratner</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">2</SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1976</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Vice&nbsp;President,<BR>Secretary and<BR>Chief Legal<BR>Officer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since 2014</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Executive Vice President and Senior Counsel, PIMCO. Chief Legal Officer, PIMCO Investments LLC. Vice President, Secretary and Chief Legal Officer, PIMCO-Managed Funds. Vice
President&nbsp;&#150; Senior Counsel, Secretary, PIMCO Funds, PIMCO Variable Insurance Trust, PIMCO ETF Trust, PIMCO Equity Series and PIMCO Equity Series VIT.</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">34 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="18%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="43%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Name,<BR>Address<BR></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000;width:60pt"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>and&nbsp;Year&nbsp;of&nbsp;Birth</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Position(s)<BR>Held<BR>with&nbsp;Fund</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Term&nbsp;of</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Office&nbsp;and</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>Length of<BR></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Time&nbsp;Served</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Principal&nbsp;Occupation(s)</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>During&nbsp;the&nbsp;Past&nbsp;5&nbsp;Years</B></FONT></P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Ryan
Leshaw</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1 </SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1980</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Assistant<BR>Secretary</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since 2014</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Senior Vice President and Senior Counsel, PIMCO. Assistant Secretary, PIMCO-Managed Funds, PIMCO Funds, PIMCO Variable Insurance Trust, PIMCO ETF Trust, PIMCO Equity Series and
PIMCO Equity Series VIT. Formerly, Associate, Willkie Farr&nbsp;&amp; Gallagher LLP.</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Stacie D. Anctil</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1 </SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1969</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Vice&nbsp;President</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since 2015</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Executive Vice President, PIMCO. Vice President, PIMCO-Managed Funds, PIMCO Funds, PIMCO Variable Insurance Trust, PIMCO ETF Trust, PIMCO Equity Series and PIMCO Equity Series
VIT.</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Eric D. Johnson</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">2 </SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1970</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Vice President</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since&nbsp;2014</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Executive Vice President, PIMCO. Vice President, PIMCO-Managed Funds, PIMCO Funds, PIMCO Variable Insurance Trust, PIMCO ETF Trust, PIMCO Equity Series and PIMCO Equity Series
VIT.</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Bijal
Parikh</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1 </SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1978</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Vice President</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since 2017</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Senior Vice President, PIMCO. Vice President, PIMCO-Managed Funds, PIMCO Funds, PIMCO Variable Insurance Trust, PIMCO ETF Trust and PIMCO Equity Series.</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">William G. Galipeau</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1 </SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1974</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Treasurer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since 2014</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Executive Vice President, PIMCO. Treasurer, PIMCO-Managed Funds. Vice President, PIMCO Funds, PIMCO Variable Insurance Trust, PIMCO ETF Trust, PIMCO Equity Series and PIMCO Equity
Series VIT.</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">35 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="18%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="52%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Name,<BR>Address<BR></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000;width:60pt"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>and&nbsp;Year&nbsp;of&nbsp;Birth</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Position(s)<BR>Held<BR>with&nbsp;Fund</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Term&nbsp;of</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Office&nbsp;and</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>Length of<BR></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Time&nbsp;Served</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Principal&nbsp;Occupation(s)</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>During&nbsp;the&nbsp;Past&nbsp;5&nbsp;Years</B></FONT></P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Erik C. Brown</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1 </SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1967</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Assistant<BR>Treasurer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since 2015</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Executive Vice President, PIMCO. Assistant Treasurer, PIMCO-Managed Funds, PIMCO Funds, PIMCO Variable Insurance Trust, PIMCO ETF Trust,
PIMCO Equity Series and PIMCO Equity Series</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">VIT.</FONT></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Christopher&nbsp;M. Morin</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1 </SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1980</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Assistant<BR>Treasurer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since 2016</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Vice President, PIMCO. Assistant Treasurer, PIMCO-Managed Funds, PIMCO Funds, PIMCO Funds, PIMCO Variable Insurance Trust, PIMCO ETF Trust, PIMCO Equity Series and PIMCO Equity
Series VIT. Formerly, Vice President of Operations, Standard Life Investments USA; Assistant Vice President, Brown Brothers Harriman.</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Jason J. Nagler</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">2 </SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1982</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Assistant<BR>Treasurer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since 2015</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Vice President, PIMCO. Assistant Treasurer, PIMCO-Managed Funds, PIMCO Funds, PIMCO Variable Insurance Trust, PIMCO ETF Trust, PIMCO Equity Series and PIMCO Equity Series VIT.
Formerly, Head of Mutual Fund Reporting, GMO, and Assistant Treasurer, GMO Trust and GMO Series Trust Funds.</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Trent W. Walker</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1 </SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1974</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Assistant<BR>Treasurer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since 2014</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Executive Vice President, PIMCO. Assistant Treasurer, PIMCO-Managed Funds. Treasurer, PIMCO Funds, PIMCO Variable Insurance Trust, PIMCO
ETF Trust, PIMCO Equity Series and PIMCO Equity</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Series VIT.</FONT></P></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">36 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="18%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="48%"></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Name,<BR>Address<BR></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000;width:60pt"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>and&nbsp;Year&nbsp;of&nbsp;Birth</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Position(s)<BR>Held<BR>with&nbsp;Fund</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Term&nbsp;of</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Office&nbsp;and</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>Length of<BR></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Time&nbsp;Served</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Principal&nbsp;Occupation(s)</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>During&nbsp;the&nbsp;Past&nbsp;5&nbsp;Years</B></FONT></P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Laura
Melman</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">2 </SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1966</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Assistant<BR>Treasurer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since March&nbsp;2017</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Senior Vice President, PIMCO. Assistant Treasurer, PIMCO-Managed Funds, PIMCO Funds, PIMCO Variable Insurance Trust, PIMCO ETF Trust, PIMCO Equity Series and PIMCO Equity Series
VIT.</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Colleen Miller</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">2 </SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1980</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Assistant<BR>Treasurer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since March 2017</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Vice President, PIMCO. Assistant Treasurer, PIMCO-Managed Funds, PIMCO Funds, PIMCO Variable Insurance Trust, PIMCO ETF Trust, PIMCO Equity Series and PIMCO Equity Series VIT.
Formerly, Vice President Cohen&nbsp;&amp; Steers Capital Management.</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="white-space:nowrap">Wu-Kwan</FONT> Kit</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1</SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1981</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Assistant<BR>Secretary</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since March 2017</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Vice President and Counsel, PIMCO. Assistant Secretary, PIMCO-Managed Funds. Formerly, Assistant General Counsel, VanEck.</FONT></TD></TR>
</TABLE> <P STYLE="line-height:8px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1</SUP>&nbsp;</FONT><FONT
STYLE="font-family:Times New Roman" SIZE="2"></FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">The address of these officers is Pacific Investment Management Company LLC, 650 Newport Center Drive, Newport Beach, California 92660.
</FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">2</SUP>&nbsp;</FONT><FONT
STYLE="font-family:Times New Roman" SIZE="2"></FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">The address of these officers is Pacific Investment Management Company LLC, 1633 Broadway, New York, New York 10019. </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Each of the Funds&#146; executive officers is an &#147;interested person&#148; of each Fund (as defined in Section&nbsp;2(a)(19) of the
1940 Act) as a result of his or her position(s) set forth in the table above. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Investment Manager.</B>&nbsp;Effective at
the close of business on September&nbsp;5, 2014, the Manager, located at 650 Newport Center Drive, Newport Beach, CA, 92660, assumed responsibility as the investment manager to the Funds pursuant to a new investment management agreement (the
&#147;Agreement&#148;) between each Fund and the Manager (the &#147;Transition&#148;). Under the Agreement, the Manager provides the <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">day-to-day</FONT></FONT> portfolio management
services it provided to each Fund as its <FONT STYLE="white-space:nowrap">sub-adviser</FONT> prior to the Transition and also assumed responsibility for the supervisory and administrative services previously provided by each Fund&#146;s former
investment manager, AGIFM. As part of the Transition, the Manager&#146;s personnel replaced AGIFM personnel as officers of each Fund and in other roles to provide and/or oversee the administrative, accounting/financial reporting,
</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">37 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
compliance, legal, marketing, transfer agency, shareholder servicing and other services required for the daily operations of the Funds. The Manager is a majority-owned indirect subsidiary of
Allianz SE, a publicly traded European insurance and financial services company. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">PIMCO, the investment manager of the PIMCO
Total Return Active Exchange-Traded Fund (&#147;BOND&#148;), has entered into a settlement agreement with the SEC that relates to BOND. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The settlement relates to disclosures regarding BOND&#146;s performance attribution during the first four months of its existence in 2012 and the valuation of 43
<FONT STYLE="white-space:nowrap">smaller-sized</FONT> positions of <FONT STYLE="white-space:nowrap">non-agency</FONT> mortgage-backed securities using third-party vendor prices, as well as PIMCO&#146;s policies and procedures related to these
matters. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The settlement resolves the SEC&#146;s investigation of BOND. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The foregoing speaks only as of the date of this proxy. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Independent Registered Public Accounting Firm.</B>&nbsp;The Audit Oversight Committee of each Fund&#146;s Board and the full Board of each Fund unanimously selected PricewaterhouseCoopers LLP
(&#147;PwC&#148;) as the independent registered public accounting firm for the fiscal years ending June&nbsp;30, 2017 for RCS, PGP and PDI and July&nbsp;31, 2017 for PFL, PFN and PHK. PwC served as the independent registered public accounting firm
of each Fund for the fiscal year ended June&nbsp;30, 2016 for RCS, PGP and PDI and July&nbsp;31, 2016 for PFL, PFN and PHK and also serves as the independent registered public accounting firm of various other investment companies for which the
Manager serves as investment adviser. PwC is located at 300 Madison Avenue, New York, New York 10017. None of the Funds knows of any direct financial or material indirect financial interest of PwC in the Funds. A representative of PwC, if requested
by any Shareholder, will be present at the Meeting via telephone to respond to appropriate questions from Shareholders and will have an opportunity to make a statement if he or she chooses to do so. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><FONT STYLE="white-space:nowrap">Pre-approval</FONT> Policies and Procedures.</B>&nbsp;Each Fund&#146;s Audit Oversight Committee has
adopted written policies relating to the <FONT STYLE="white-space:nowrap">pre-approval</FONT> of audit and permitted <FONT STYLE="white-space:nowrap">non-audit</FONT> services to be performed by the Fund&#146;s independent registered public
accounting firm. Under the policies, on at least an annual basis, a Fund&#146;s Audit Oversight Committee reviews and <FONT STYLE="white-space:nowrap">pre-approves</FONT> proposed audit and permitted <FONT STYLE="white-space:nowrap">non-audit</FONT>
services to be performed by the independent registered public accounting firm on behalf of the Fund. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">38 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">In addition, each Fund&#146;s Audit Oversight Committee
<FONT STYLE="white-space:nowrap">pre-approves</FONT> at least annually any permitted <FONT STYLE="white-space:nowrap">non-audit</FONT> services (including audit-related services) to be provided by the independent registered public accounting firm to
the Manager and any entity controlling, controlled by, or under common control with the Manager that provides ongoing services to the Fund (together, the &#147;Accounting Affiliates&#148;), provided, in each case, that the engagement relates
directly to the operations and financial reporting of the Fund. Although the Audit Oversight Committee does not <FONT STYLE="white-space:nowrap">pre-approve</FONT> all services provided by the independent registered public accounting firm to
Accounting Affiliates (for instance, if the engagement does not relate directly to the operations and financial reporting of the Fund), the Committee receives an annual report from the independent registered public accounting firm showing the
aggregate fees paid by Accounting Affiliates for such services. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Each Fund&#146;s Audit Oversight Committee may also from time
to time <FONT STYLE="white-space:nowrap">pre-approve</FONT> individual <FONT STYLE="white-space:nowrap">non-audit</FONT> services to be provided to the Fund or an Accounting Affiliate that were not
<FONT STYLE="white-space:nowrap">pre-approved</FONT> as part of the annual process described above. A member of the Audit Oversight Committee to whom this responsibility has been delegated (a &#147;Designated Member&#148;) may also <FONT
STYLE="white-space:nowrap">pre-approve</FONT> these individual <FONT STYLE="white-space:nowrap">non-audit</FONT> services, provided that the fee for such services does not exceed a <FONT STYLE="white-space:nowrap">pre-determined</FONT> dollar
threshold. Any such <FONT STYLE="white-space:nowrap">pre-approval</FONT> by the Designated Member is reported to the full Audit Oversight Committee for ratification at its next regularly scheduled meeting. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The <FONT STYLE="white-space:nowrap">pre-approval</FONT> policies provide for waivers of the requirement that the Audit Oversight
Committee <FONT STYLE="white-space:nowrap">pre-approve</FONT> permitted <FONT STYLE="white-space:nowrap">non-audit</FONT> services provided to the Funds or their Accounting Affiliates pursuant to de minimis exceptions described in Section&nbsp;10A
of the Exchange Act and applicable regulations (referred to herein as the &#147;de minimis exception&#148;). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Audit
Fees.</B>&nbsp;Audit Fees are fees related to the audit and review of the financial statements included in annual reports and registration statements, and other services that are normally provided in connection with statutory and regulatory filings
or engagements. For each Fund&#146;s last two full fiscal years and &#147;stub&#148; period (as applicable) as reflected below, the Audit Fees billed by PwC to the Fund or to PIMCO with respect to the Fund are shown in the table below: </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="36%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="13%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:18pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Fund</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Fiscal&nbsp;Year&nbsp;Ended</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Audit&nbsp;Fees</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">RCS</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">33,448</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">*&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">31,031</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">January&nbsp;31,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">38,828</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">39 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="39%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD VALIGN="bottom" WIDTH="14%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:18pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Fund</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Fiscal&nbsp;Year&nbsp;Ended</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Audit&nbsp;Fees</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PGP</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">26,788</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">**&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">26,741</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">March&nbsp;31,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">32,782</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PFL</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">36,793</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">31,031</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PFN</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">45,910</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">38,896</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PHK</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">45,910</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">***&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">38,896</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">March&nbsp;31, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">44,456</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PDI</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">55,616</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">****&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">66,781</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">March&nbsp;31, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">67,978</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Audit-Related Fees.</B>&nbsp;Audit-Related Fees are fees related to assurance and related services
that are reasonably related to the performance of the audit or review of financial statements, but not reported under &#147;Audit Fees&#148; above, and that include accounting consultations, attestation reports, comfort letters, and agreed-upon
procedure reports (inclusive of annual review of basic maintenance testing associated with the Preferred Shares for the Funds), if applicable. The table below shows, for each Fund&#146;s last two full fiscal years and &#147;stub&#148; period (as
applicable) as reflected below, the Audit-Related Fees billed by PwC to the Fund or to PIMCO with respect to the Fund. During those fiscal years, there were no Audit-Related Fees billed by PwC to the Funds&#146; Accounting Affiliates for
audit-related services related directly to the operation and financial reporting of the Funds. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="22%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="21%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:18pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Fund</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Fiscal&nbsp;Year&nbsp;Ended</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B><FONT STYLE="white-space:nowrap">Audit-Related&nbsp;Fees</FONT></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">RCS</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">*&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">January&nbsp;31,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PGP</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">**&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">March&nbsp;31,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PFL</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">16,480</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">16,480</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PFN</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">16,480</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">16,480</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PHK</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">16,480</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">***&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">16,480</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">March&nbsp;31,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">16,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">40 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="25%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="17%"></TD>
<TD VALIGN="bottom" WIDTH="24%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>

<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:18pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Fund</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Fiscal&nbsp;Year&nbsp;Ended</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B><FONT STYLE="white-space:nowrap">Audit-Related&nbsp;Fees</FONT></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PDI</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">****&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">March&nbsp;31,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Tax Fees.</B>&nbsp;Tax Fees are fees associated with tax compliance, tax advice and tax planning,
including services relating to the filing or amendment of federal, state or local income tax returns, regulated investment company qualification reviews, and tax distribution and analysis reviews. The table below shows, for each Fund&#146;s last two
full fiscal years and &#147;stub&#148; period (as applicable) as reflected below, the aggregate Tax Fees billed by PwC to the Fund or to PIMCO with respect to the Fund. During those fiscal years, there were no Tax Fees billed by PwC to the
Funds&#146; Accounting Affiliates for <FONT STYLE="white-space:nowrap">tax-related</FONT> services related directly to the operation and financial reporting of the Funds. Certain amounts under &#147;Tax Fees&#148; shown below have been updated from
amounts shown in prior proxy statements, as applicable, due to changes in how certain fees are categorized for these purposes. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="39%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="13%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:18pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Fund</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Fiscal&nbsp;Year&nbsp;Ended</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Tax&nbsp;Fees</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">RCS</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">17,750</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">*&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">33,470</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">January&nbsp;31,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">32,720</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PGP</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">24,750</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">**&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">30,720</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">March&nbsp;31,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">43,720</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PFL</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">17,250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">50,720</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PFN</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">17,250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">59,720</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PHK</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">17,250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">***&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">30,720</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">March&nbsp;31, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">43,720</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PDI</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">20,250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">****&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">27,740</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">March&nbsp;31, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">52,740</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>All Other Fees.</B>&nbsp;All Other Fees are fees related to services other than those reported above
under &#147;Audit Fees,&#148; &#147;Audit-Related Fees&#148; and &#147;Tax Fees.&#148; For each Fund&#146;s last two fiscal years and &#147;stub&#148; period (as applicable), no such fees were billed by PwC to the Fund or the Fund&#146;s Accounting
Affiliates. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">41 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">During the periods indicated in the tables above, no services described under
&#147;Audit-Related Fees,&#148; &#147;Tax Fees&#148; or &#147;All Other Fees&#148; were approved pursuant to the de minimis exception. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Aggregate <FONT STYLE="white-space:nowrap">Non-Audit</FONT> Fees.</B>&nbsp;The aggregate <FONT STYLE="white-space:nowrap">non-audit</FONT> fees billed by PwC, during each Fund&#146;s last two full
fiscal years and &#147;stub period&#148; (as applicable) as reflected below, for services rendered to each Fund and the Fund&#146;s Accounting Affiliates are shown in the table below. Certain amounts shown below have been updated from amounts shown
in prior proxy statements, as applicable, due to changes in how certain fees are categorized for these purposes. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="16%"></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:18pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Fund</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Fiscal&nbsp;Year&nbsp;Ended</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B><FONT STYLE="white-space:nowrap">Aggregate&nbsp;Non-Audit</FONT><BR>Fees for Fund</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B><FONT STYLE="white-space:nowrap">Non-Audit&nbsp;Fees&nbsp;for</FONT><BR>Accounting&nbsp;
Affiliates</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Aggregate<BR><FONT STYLE="white-space:nowrap">Non-Audit&nbsp;Fees&#134;</FONT></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">RCS</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">17,750</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">7,785,058</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">7,785,058</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">*&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">33,470</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">9,815,893</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">9,849,363</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">January&nbsp;31,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">32,720</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">8,312,459</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">8,345,179</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PGP</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">24,750</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">7,767,308</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">7,792,058</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">**&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">30,720</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">9,815,893</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">9,846,613</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">March&nbsp;31,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">43,720</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">9,379,621</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">9,423,341</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PFL</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">33,730</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">7,767,308</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">7,801,038</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">67,200</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">9,815,893</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">9,883,093</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PFN</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">33,730</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">7,767,308</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">7,801,038</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">76,200</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">9,815,893</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">9,892,093</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PHK</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">33,730</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">7,767,308</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">7,801,038</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">July&nbsp;31,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">***&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">47,200</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">9,815,893</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">9,863,093</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">March&nbsp;31, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">60,200</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">9,379,621</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">9,439,821</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PDI</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">20,250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">7,767,308</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">7,787,558</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;30,&nbsp;2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">****&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">27,740</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">9,815,893</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">9,843,633</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">March&nbsp;31, 2015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">52,740</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">9,379,621</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">9,432,361</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">*</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">On December&nbsp;16, 2014, the Board approved a change of RCS&#146; fiscal year end from January&nbsp;31 to June 30. Information is provided for the &#147;stub&#148;
period from February&nbsp;1, 2015 through each Fund&#146;s new fiscal year end of June&nbsp;30, 2015. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">**</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">On December&nbsp;16, 2014, the Board approved a change of PGP&#146;s fiscal year end from March&nbsp;31 to June 30. Information is provided for the &#147;stub&#148;
period from April&nbsp;1, 2015 through the Fund&#146;s new fiscal year end of June&nbsp;30, 2015. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">***</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">On December&nbsp;16, 2014, the Board approved a change of PHK&#146;s fiscal year end from March&nbsp;31 to July 31. Information is provided for the &#147;stub&#148;
period from April&nbsp;1, 2015 through the Fund&#146;s new fiscal year end of July&nbsp;31, 2015. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">****</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">On December&nbsp;16, 2014, the Board approved a change of PDI&#146;s fiscal year end from March&nbsp;31 to June 30. Information is provided for the &#147;stub&#148;
period from April&nbsp;1, 2015 through the Fund&#146;s new fiscal year end of June&nbsp;30, 2015. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#134;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Includes the sum of the Aggregate <FONT STYLE="white-space:nowrap">Non-Audit</FONT> Fees for Fund and the <FONT STYLE="white-space:nowrap">Non-Audit</FONT> Fees for
Accounting Affiliates as noted in the columns to the left. </FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">42 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The table below shows a breakdown of the fees billed by PwC to each Fund, or to PIMCO with
respect to each Fund, for the most recently completed fiscal year attributable the following categories: 1) Audit Fees, 2) Audit-Related Fees, 3) Tax Compliance/Preparation fees and 4) All Other Fees, as well as the percentage of the total fees
billed attributable to the &#147;All Other Fees&#148; category. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="40%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom">&nbsp;<FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>RCS</B></FONT><br><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(Fiscal<BR>Year<BR>Ended<BR>June&nbsp;30,
<BR>2016)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>PGP</B></FONT><br><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(Fiscal<BR>Year<BR>Ended<BR>June&nbsp;30,
<BR>2016)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>PFL</B></FONT><br><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(Fiscal<BR>Year<BR>Ended<BR>July&nbsp;31,
<BR>2016)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>PFN</B></FONT><br><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(Fiscal<BR>Year<BR>Ended<BR>July&nbsp;31,
<BR>2016)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>PHK</B></FONT><br><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(Fiscal<BR>Year<BR>ended<BR>July&nbsp;31,
<BR>2016)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>PDI</B></FONT><br><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(Fiscal<BR>Year<BR>Ended<BR>June&nbsp;30,
<BR>2016)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Audit Fees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">33,448</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">26,788</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">36,793</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">45,910</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">45,910</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">55,616</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Audit-Related Fees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">16,480</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">16,480</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">16,480</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Tax Compliance/Tax Return Preparation Fees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">17,750</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">24,750</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">17,250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">17,250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">17,250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">20,250</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">All Other Fees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Percentage of Total Fees attributable to All Other Fees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Each Fund&#146;s Audit Oversight Committee has determined that the provision by PwC of <FONT
STYLE="white-space:nowrap">non-audit</FONT> services to the Fund&#146;s Accounting Affiliates that were not <FONT STYLE="white-space:nowrap">pre-approved</FONT> by the Committee was compatible with maintaining the independence of PwC as the
Fund&#146;s principal auditors. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Effective at the close of business on September&nbsp;5, 2014, pursuant to its Investment
Management Agreement with the Funds, PIMCO began bearing Audit Fees, Audit-Related Fees, Tax Fees and All Other Fees with respect to the Funds under its new investment management agreement with the Funds. These fees were borne by the Funds for
periods prior to September&nbsp;5, 2014. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Other Business.</B>&nbsp;As of the date of this Proxy Statement, each Fund&#146;s
officers and the Manager know of no business to come before the Meeting other than as set forth in the Notice. If any other business is properly brought before the Meeting, the persons named as proxies will vote in their sole discretion. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Quorum, Adjournments and Methods of Tabulation.</B> A quorum for each of PGP, PFL, PFN, PHK and PDI at the Meeting will consist of the
presence in person or by proxy of thirty percent (30%)&nbsp;of the total Shares of the Fund entitled to vote at such Meeting, except that, where the Preferred Shares or Common Shares will vote as separate classes, then 30% of the shares of each
class entitled to vote will be necessary to constitute a quorum for the transaction of business by that class. For RCS, the presence at the Meeting, in person or by proxy, of the holders of a majority of Shares entitled to vote shall be necessary
and sufficient </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">43 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
to constitute a quorum. If the quorum required for a Proposal has not been met, the persons named as proxies may propose adjournment of the Meeting with respect to such Proposal and, if
adjournment is proposed, will vote all Shares that they are entitled to vote in favor of such adjournment. Any adjournments with respect to the Proposal for a Fund will require, with respect to PGP, PFL, PFN, PHK and PDI, the affirmative vote of a
plurality of the Shares of the relevant Fund or, with respect to RCS, the affirmative vote of a majority of the Shares of RCS, in each case entitled to vote thereon present in person or represented by proxy at the session of the Meeting to be
adjourned. However, with respect to PGP, PFL, PFN, PHK and PDI, where the Preferred Shares or Common Shares will vote as separate classes, the affirmative vote of a plurality of shares of the applicable class present in person or by proxy at the
session of the Meeting to be adjourned will be necessary to adjourn the Meeting with respect to that class. The costs of any additional solicitation and of any adjourned session will be borne by PIMCO under its investment management agreement with
the Funds.&nbsp;Any proposals properly before the Meeting for which sufficient favorable votes have been received by the time of the Meeting will be acted upon and such action will be final regardless of whether the Meeting is adjourned to permit
additional solicitation with respect to any other proposal with respect to which a quorum has not been reached. In certain circumstances in which a Fund has received sufficient votes to approve a matter being recommended for approval by the
Fund&#146;s Board, the Fund may request that brokers and nominee entities, in their discretion, withhold or withdraw submission of broker <FONT STYLE="white-space:nowrap">non-votes</FONT> in order to avoid the need for solicitation of additional
votes in favor of the proposal. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Votes cast by proxy or in person at the Meeting will be counted by persons appointed by PGP,
PFL, PFN, PHK and PDI as tellers and by RCS as inspectors (collectively, the &#147;Tellers/Inspectors&#148;) for the Meeting. For purposes of determining the presence of a quorum for each Fund, the Tellers/Inspectors will include the total number of
Shares present at the Meeting in person or by proxy, including Shares represented by proxies that reflect abstentions and &#147;broker <FONT STYLE="white-space:nowrap">non-votes&#148;</FONT> (<I>i.e.</I>, shares held by brokers or nominees as to
which instructions have not been received from the beneficial owners or the persons entitled to vote and the broker or nominee does not have the discretionary voting power on a particular matter). For a proposal requiring approval of a plurality of
votes cast, such as the election of Trustees, abstentions and broker <FONT STYLE="white-space:nowrap">non-votes</FONT> will have no effect on the outcome of such a Proposal. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">44 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Reports to Shareholders.</B>&nbsp;Below are the dates on or about which the Annual
Reports to Shareholders for the most recently completed fiscal year of each Fund were mailed: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="35%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:18pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Fund</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Mail&nbsp;Date&nbsp;for&nbsp;Annual&nbsp;Report&nbsp;to&nbsp;Shareholders<BR>for the Most Recently Completed
Fiscal Year</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">RCS</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">August&nbsp;27,&nbsp;2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PGP</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">August&nbsp;27, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PFL</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">September&nbsp;27,&nbsp;2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PFN</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">September&nbsp;27, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PHK</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">September&nbsp;27, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">PDI</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">August&nbsp;27, 2016</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Additional copies of the Funds&#146; Annual Reports and Semi-Annual Reports may be obtained without
charge from the Funds by calling <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">1-(844)-337-4626&nbsp;or</FONT></FONT></FONT> by visiting the Funds&#146; website at pimco.com/closedendfunds.
</B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Shareholder Proposals for the Annual Meeting held during the <FONT STYLE="white-space:nowrap">2017-2018</FONT> Fiscal
Year.</B>&nbsp;It is currently anticipated that each Fund&#146;s next annual meeting of Shareholders after the Meeting addressed in this Proxy Statement will be held in June 2018. Proposals of Shareholders intended to be presented at that annual
meeting of each Fund must be received by each Fund no later than January&nbsp;22, 2018 for inclusion in each Fund&#146;s proxy statement and proxy cards relating to that meeting. The submission by a Shareholder of a proposal for inclusion in the
proxy materials does not guarantee that it will be included. Shareholder proposals are subject to certain requirements under the federal securities laws and must be submitted in accordance with the applicable Fund&#146;s Bylaws. Shareholders
submitting any other proposals (including proposals to elect Trustee nominees) for each Fund intended to be presented at the annual meeting held during the 2017-2018 fiscal year (<I>i.e</I>., other than those to be included in the Fund&#146;s proxy
materials) must ensure that such proposals are received by each Fund, in good order and complying with all applicable legal requirements and requirements set forth in each Fund&#146;s Bylaws. Each Fund&#146;s Bylaws each provide that any such
proposal must be received in writing by each Fund not less than 45 days nor more than 60&nbsp;days prior to the first anniversary date of the date on which each Fund first mailed its proxy materials for the prior year&#146;s shareholder meeting;
provided that, if, in accordance with applicable law, the upcoming shareholder meeting is set for a date that is not within 30 days from the anniversary of each Fund&#146;s prior shareholder meeting, such proposal must be received by the later of
the close of business on (i)&nbsp;the date 45 days prior to such upcoming shareholder meeting date or (ii)&nbsp;the 10th business day following the date such upcoming shareholder meeting date is first publicly
</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">45 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
announced or disclosed. Assuming the next annual meeting is ultimately scheduled to be within 30 days of the June&nbsp;30 anniversary of this year&#146;s meeting, such proposals must be received
no earlier than March&nbsp;23, 2018 and no later than April&nbsp;7, 2018 for each Fund. If a Shareholder who wishes to present a proposal fails to notify the Fund within these dates described above, the proxies solicited for the meeting will be
voted on the Shareholder&#146;s proposal, if it is properly brought before the meeting, in accordance with the judgment of the persons named in the enclosed proxy card(s). If a Shareholder makes a timely notification, the proxies may still exercise
discretionary voting authority under circumstances consistent with the SEC&#146;s proxy rules. Shareholder proposals should be addressed to the attention of the Secretary of the applicable Fund, at the address of the principal executive offices of
the Fund, with a copy to David C. Sullivan, Ropes&nbsp;&amp; Gray LLP, Prudential Tower, 800 Boylston Street, Boston, Massachusetts 02199-3600. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PLEASE EXECUTE AND RETURN THE ENCLOSED PROXY CARDS PROMPTLY TO ENSURE THAT A QUORUM IS PRESENT AT THE APPLICABLE ANNUAL MEETING. A SELF-ADDRESSED,
POSTAGE-PAID ENVELOPE IS ENCLOSED FOR YOUR CONVENIENCE. </B></FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">May 12, 2017 </FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">46 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I><U>Exhibit&nbsp;A to Proxy Statement </U></I></B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PIMCO Sponsored <FONT STYLE="white-space:nowrap">Closed-End</FONT> Funds </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Audit Oversight Committee Charter </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">(Adopted as of January&nbsp;14, 2004, </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">as amended through February&nbsp;24, 2017)
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Board of Trustees (each a &#147;Board&#148;) of each of the registered investment companies listed in Appendix A hereto
(each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;), as the same may be periodically updated, has adopted this Charter to govern the activities of the Audit Oversight Committee (the &#147;Committee&#148;) of the particular Board with
respect to its oversight of the Fund. This Charter applies separately to each Fund and its particular Board and Committee, and shall be interpreted accordingly. This Charter supersedes and replaces any audit committee charter previously adopted by
the Board or a committee of the Board. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Statement of Purpose and Functions </U></B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Committee&#146;s general purpose is to oversee the Fund&#146;s accounting and financial reporting policies and practices and its
internal controls, including by assisting with the Board&#146;s oversight of the integrity of the Fund&#146;s financial statements, the Fund&#146;s compliance with legal and regulatory requirements, the qualifications and independence of the
Fund&#146;s independent auditors, and the performance of the Fund&#146;s internal control systems and independent auditors. The Committee&#146;s purpose is also to prepare reports required by Securities and Exchange Commission rules to be included
in the Fund&#146;s annual proxy statements, if any. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Committee&#146;s function is oversight. While the Committee has the
responsibilities set forth in this Charter, it is not the responsibility of the Committee to plan or conduct audits, to prepare or determine that the Fund&#146;s financial statements are complete and accurate and are in accordance with generally
accepted accounting principles, or to assure compliance with laws, regulations or any internal rules or policies of the Fund. Fund management is responsible for Fund accounting and the implementation and maintenance of the Fund&#146;s internal
control systems, and the independent auditors are responsible for conducting a proper audit of the Fund&#146;s financial statements. Members of the Committee are not employees of the Funds and, in serving on this Committee, are not, and do not hold
themselves out to be, acting as accountants or auditors. As such, it is not the duty or responsibility of the Committee or its members to conduct &#147;field work&#148; or other types of auditing or accounting reviews or procedures. Each member of
the Committee shall be entitled to rely on (i)&nbsp;the </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">A-1</FONT> </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
integrity of those persons and organizations within management and outside the Fund from which the Committee receives information and (ii)&nbsp;the accuracy of financial and other information
provided to the Committee by such persons or organizations absent actual knowledge to the contrary. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Membership </U></B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Committee shall be comprised of as many trustees as the Board shall determine, but in any event not less than three (3)&nbsp;Trustees.
Each member of the Committee must be a member of the Board. The Board may remove or replace any member of the Committee at any time in its sole discretion. One or more members of the Committee may be designated by the Board as the Committee&#146;s
chairman or <FONT STYLE="white-space:nowrap">co-</FONT> chairman, as the case may be. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Each member of the Committee may not be
an &#147;interested person&#148; of the Fund, as defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended (the &#147;Investment Company Act&#148;), and must otherwise satisfy the standards for independence of an audit committee
member of an investment company issuer as set forth in Rule 10A-3(b) (taking into account any exceptions to those requirements set forth in such rule) under the Securities Exchange Act of 1934, as amended, and under applicable listing standards of
the New York Stock Exchange (the &#147;NYSE&#148;). Each member of the Committee must be &#147;financially literate&#148; (or must become so within a reasonable time after his or her appointment to the Committee) and at least one member of the
Committee must have &#147;accounting or related financial management expertise,&#148; in each case as the Board interprets such qualification in its business judgment under NYSE listing standards. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Responsibilities and Duties </U></B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Committee&#146;s policies and procedures shall remain flexible to facilitate the Committee&#146;s ability to react to changing conditions and to generally discharge its functions. The following
describe areas of attention in broad terms. The Committee shall: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">1. Determine the selection, retention or termination of the
Fund&#146;s independent auditors based on an evaluation of their independence and the nature and performance of the audit and any permitted <FONT STYLE="white-space:nowrap">non-audit</FONT> services. Decisions by the Committee concerning the
selection, retention or termination of the independent auditors shall be submitted to the Board for ratification in accordance with the requirements of Section 32(a) of the Investment Company Act. The Fund&#146;s independent auditors must report
directly to the Committee, which shall be responsible for resolution of disagreements between management and the independent auditors relating to financial reporting. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">A-2</FONT> </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">2. To consider the independence of the Fund&#146;s independent auditors at least annually,
and in connection therewith receive on a periodic basis formal written disclosures and letters from the independent auditors as required by the applicable rules of the Public Company Accounting Oversight Board (the &#147;PCAOB&#148;). </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">3. To the extent required by applicable regulations, <FONT STYLE="white-space:nowrap">pre-approve</FONT> (i)&nbsp;all audit and permitted
<FONT STYLE="white-space:nowrap">non-audit</FONT> services rendered by the independent auditors to the Fund and (ii)&nbsp;all <FONT STYLE="white-space:nowrap">non-audit</FONT> services rendered by the independent auditors to the Fund&#146;s
investment advisers (including <FONT STYLE="white-space:nowrap">sub-advisers)</FONT> and to certain of the investment advisers&#146; affiliates. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Committee may implement policies and procedures by which such services are approved other than by the full Committee. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">4. Review and approve the fees charged by the independent auditors to the Fund, the investment advisers and certain affiliates of the investment advisers for audit, audit- related and permitted <FONT
STYLE="white-space:nowrap">non-audit</FONT> services. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">5. If and to the extent that the Fund intends to have employees, set
clear policies for the hiring by the Fund of employees or former employees of the Fund&#146;s independent auditors. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">6. Obtain
and review at least annually a report from the independent auditors describing (i)&nbsp;the accounting firm&#146;s internal quality-control procedures and (ii)&nbsp;any material issues raised (a)&nbsp;by the accounting firm&#146;s most recent
internal quality-control review or peer review or (b)&nbsp;by any governmental or other professional inquiry or investigation performed within the preceding five years respecting one or more independent audits carried out by the firm, and any steps
taken to address any such issues. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">7. Review with the Fund&#146;s independent auditors arrangements for and the scope of the
annual audit and any special audits, including the form of any opinion proposed to be rendered to the Board and shareholders of the Fund. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">8. Meet with management and the independent auditors to review and discuss the Fund&#146;s annual audited financial statements, including a review of any specific disclosures of management&#146;s
discussion of the Fund&#146;s investment performance; and, with respect to the Fund&#146;s audited financial statements, discuss with the independent auditors matters required by the applicable rules of the PCAOB and any other matters required to be
reported to the Committee under applicable law; and provide a statement whether, based on its review of the Fund&#146;s audited financial statements, the Committee recommends to the Board that the audited financial statements be included in the
Fund&#146;s Annual Report. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">A-3</FONT> </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Meet with management to review and discuss the Fund&#146;s unaudited
financial statements included in the semi-annual report, including, if any, a review of any specific disclosure of management&#146;s discussion of the Fund&#146;s investment performance. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">9. Discuss with management and the independent auditors the Fund&#146;s unaudited financial statements. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">10. Review with the independent auditors any audit problems or difficulties encountered in the course of their audit work and
management&#146;s responses thereto. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">11. Review with management and, as applicable, with the independent auditors the
Fund&#146;s accounting and financial reporting policies, practices and internal controls, management&#146;s guidelines and policies with respect to risk assessment and risk management, including the effect on the Fund of any recommendation of
changes in accounting principles or practices by management or the independent auditors. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">12. Discuss with management any
press releases discussing the Fund&#146;s investment performance and other financial information about the Fund, as well as any financial information provided by management to analysts or rating agencies. The Committee may discharge this
responsibility by discussing the general types of information to be disclosed by the Fund and the form of presentation (i.e., a <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">case-by-case</FONT></FONT> review is not required) and
need not discuss in advance each such release of information. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">13. Establish procedures for (i)&nbsp;the receipt, retention,
and treatment of complaints received by the Fund regarding accounting, internal accounting controls, or auditing matters; and (ii)&nbsp;the confidential, anonymous submission by employees of the Fund, the Fund&#146;s investment advisers,
administrator, principal underwriter (if any) or any other provider of accounting-related services for the investment advisers of concerns regarding accounting or auditing matters. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">14. Investigate or initiate the investigation of any improprieties or suspected improprieties in the Fund&#146;s accounting operations or
financial reporting. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">15. Review with counsel legal and regulatory matters that have a material impact on the Fund&#146;s
financial and accounting reporting policies and practices or its internal controls. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">16. Report to the Board on a regular
basis (at least annually) on the Committee&#146;s activities. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">A-4</FONT> </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">17. Perform such other functions consistent with this Charter, the Agreement and Declaration
of Trust, Articles of Incorporation and/or Bylaws applicable to the Fund, and applicable law or regulation, as the Committee or the Board deems necessary or appropriate. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Committee may delegate any portion of its authority and responsibilities as set forth in this Charter to a subcommittee of one or more members of the Committee. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Meetings </U></B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">At
least annually, the Committee shall meet separately with the independent auditors and separately with the representatives of Fund management responsible for the financial and accounting operations of the Fund. The Committee shall hold other regular
or special meetings as and when it deems necessary or appropriate. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Outside Resources and Assistance from Management </U></B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The appropriate officers of the Fund shall provide or arrange to provide such information, data and services as the Committee may request.
The Committee shall have the authority to engage at the Fund&#146;s expense independent counsel and other experts and consultants whose expertise the Committee considers necessary to carry out its responsibilities. The Fund shall provide for, or
arrange for the provision of, appropriate funding, as determined by the Committee, for the payment of: (i)&nbsp;compensation of the Fund&#146;s independent auditors for the issuance of an audit report relating to the Fund&#146;s financial statements
or the performance of other audit, review or attest services for the Fund; (ii)&nbsp;compensation of independent legal counsel or other advisers retained by the Committee; and (iii)&nbsp;ordinary administrative expenses of the Committee that are
necessary or appropriate in fulfilling its purposes or carrying out its responsibilities under this Charter. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Annual Evaluations
</U></B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Committee shall review and reassess the adequacy of this Charter at least annually and recommend any changes to
the Board. In addition, the performance of the Committee shall be reviewed at least annually. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Adoption and Amendments
</U></B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Board shall adopt and approve this Charter and may amend the Charter at any time on the Board&#146;s own motion.
</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">A-5</FONT> </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Appendix A </U></B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>Funds Subject to this Charter </U></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">(As of September&nbsp;5, 2014) </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">PCM FUND, INC. (PCM) </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">PIMCO MUNICIPAL INCOME (PMF) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">PIMCO MUNICIPAL INCOME II (PML) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">PIMCO MUNICIPAL INCOME III (PMX) </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">PIMCO CALIFORNIA MUNICIPAL INCOME (PCQ) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">PIMCO CALIFORNIA MUNICIPAL INCOME II (PCK) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">PIMCO CALIFORNIA MUNICIPAL INCOME III
(PZC) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">PIMCO NEW YORK MUNICIPAL INCOME (PNF) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">PIMCO NEW YORK MUNICIPAL INCOME II (PNI) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">PIMCO NEW YORK MUNICIPAL INCOME III (PYN)
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">PIMCO CORPORATE AND INCOME STRATEGY (PCN) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">PIMCO CORPORATE AND INCOME OPPORTUNITY (PTY) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">PIMCO HIGH INCOME (PHK) </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">PIMCO INCOME STRATEGY (PFL) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">PIMCO INCOME STRATEGY II (PFN) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">PIMCO INCOME OPPORTUNITY (PKO) </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">PIMCO GLOBAL STOCKSPLUS&nbsp;&amp; INCOME (PGP) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">PIMCO STRATEGIC INCOME FUND, INC. (RCS) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">PIMCO DYNAMIC INCOME (PDI) </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">PIMCO DYNAMIC CREDIT AND MORTGAGE INCOME FUND (PCI) </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">A-6</FONT> </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I><U>Exhibit B to Proxy Statement </U></I></B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Nominating Committee Charter </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>PIMCO Managed Accounts Trust and </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PIMCO Sponsored Closed-End Funds
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PIMCO Sponsored Interval Funds </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Boards of Directors/Trustees (the &#147;Boards&#148;) of each Trust and respective series thereof (each Trust or series, a &#147;Fund&#148;) have adopted this Charter to govern the activities of the
Nominating Committee (the &#147;Committee&#148;) of each Board. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Statement of Purpose and Responsibility </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The primary purpose and responsibility of each Committee is the screening and nomination of candidates for election to the Board as
independent Directors/Trustees. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Organization and Governance </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Each Committee shall be comprised of as many Directors/Trustees as the Board shall determine, but in any event not fewer than two (2)&nbsp;Directors/Trustees. Each Committee must consist entirely of Board
members who are not &#147;interested persons&#148; of the relevant Funds, as defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended. Each Board may remove or replace any member of the Committee at any time in its sole
discretion. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">One or more members of a Committee may be designated by the Board as the Committee&#146;s chairman or co-chairman, as the case
may be. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">A Committee will not have regularly scheduled meetings. Committee meetings shall be held as and when the Committee or
the Board determines necessary or appropriate in accordance with the Fund&#146;s Bylaws. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Qualifications for Director/Trustee Nominees
</B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">A Director/Trustee candidate must have a college degree or equivalent business experience. The Committee may take into
account a wide variety of factors in considering Director/Trustee candidates, including (but not limited to): (i) availability and commitment of a candidate to attend meetings and perform his or her responsibilities on the Board, (ii)&nbsp;relevant
industry and related experience, (iii)&nbsp;educational background, (iv)&nbsp;ability, judgment and expertise and (v)&nbsp;overall diversity of the Board&#146;s composition. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">B-1</FONT> </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Identification of Nominees </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">In identifying potential nominees for a Board, the Committee may consider candidates recommended by the following sources: (i)&nbsp;the Fund&#146;s current Directors/Trustees; (ii)&nbsp;the Fund&#146;s
officers; (iii)&nbsp;the Fund&#146;s investment adviser or <FONT STYLE="white-space:nowrap">sub-</FONT> advisers; (iv)&nbsp;shareholders of the Fund (see below); and (v)&nbsp;any other source the Committee deems to be appropriate. The Committee may,
but is not required to, retain a third party search firm at the Fund&#146;s expense to identify potential candidates. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Consideration of
Candidates Recommended By Shareholders </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">A Committee will consider and evaluate nominee candidates properly submitted by
shareholders on the same basis as it considers and evaluates candidates recommended by other sources. <U>Appendix A</U> (for PIMCO Managed Accounts Trust and PIMCO Sponsored Interval Funds) and <U>Appendix B</U> (for the PIMCO Sponsored Closed-End
Funds) to this Charter, as they may be amended from time to time by a Committee, set forth procedures that must be followed by shareholders to submit properly a nominee candidate to the Committee (recommendations not properly submitted in accordance
with <U>Appendix A</U> or <U>Appendix B</U> (as applicable) will not be considered by the Committee). </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Recommendation of Candidates to the
Board </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">A Committee will recommend to the Board the Directors/Trustees candidates that it deems qualified to serve as
independent directors/trustees on the Board. To the extent practicable, the Committee will rank such potential nominees for the Board in order of preference. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">B-2</FONT> </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Appendix A </U></B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Procedures for Shareholders to Submit Nominee Candidates for PIMCO Managed Accounts Trust and PIMCO Sponsored Interval Funds
</U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">A shareholder of a Fund must follow the following procedures in order to submit properly a nominee recommendation for the
Committee&#146;s consideration. </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">1.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The shareholder must submit any such recommendation (a &#147;Shareholder Recommendation&#148;) in writing to a Fund, to the attention of the Secretary, at the address
of the principal executive offices of the Fund. Once each quarter, if any Shareholder Recommendations have been received by the Secretary during the quarter, the Secretary will inform the Committee of the new Shareholder Recommendations. Because the
Fund does not hold annual or other regular meetings of shareholders for the purpose of electing Trustees, the Committee will accept Shareholder Recommendations on a continuous basis. </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">2.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">All Shareholder Recommendations properly submitted to a Fund will be held by the Secretary until such time as (i)&nbsp;the Committee convenes to consider candidates to
fill Board vacancies or newly created Board positions (a &#147;Trustee Consideration Meeting&#148;) or (ii)&nbsp;the Committee instructs the Secretary to discard a Shareholder Recommendation following a Trustee Consideration Meeting or an Interim
Evaluation (as defined below). </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">3.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">At a Trustee Consideration Meeting, the Committee will consider each Shareholder Recommendation then held by the Secretary. Following a Trustee Consideration Meeting,
the Committee may instruct the Secretary to discard any or all of the Shareholder Recommendations currently held by the Secretary. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">4.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">A Committee may, in its discretion and at any time, convene to conduct an evaluation of validly submitted Shareholder Recommendations (each such meeting, an
&#147;Interim Evaluation&#148;) for the purpose of determining which Shareholder Recommendations will be considered at the next Trustee Consideration Meeting. Following an Interim Evaluation, the Committee may instruct the Secretary to discard any
or all of the Shareholder Recommendations currently held by the Secretary. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">5.</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Shareholder Recommendation must include: (i)&nbsp;a statement in writing setting forth (A)&nbsp;the name, date of birth, business address,
residence address and nationality of the person recommended by the shareholder (the &#147;candidate&#148;); (B) the number of shares of (and class, if any) of the Fund(s) owned of record or beneficially by the candidate, as reported to such
shareholder by the candidate; (C)&nbsp;any other information regarding the </FONT></P></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">B-3</FONT> </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">
candidate called for with respect to director nominees by paragraphs (a), (d), (e) and (f)&nbsp;of Item 401 of Regulation S-K or paragraph (b)&nbsp;of Item 22 of Rule 14a-101 (Schedule 14A) under
the Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;), adopted by the Securities and Exchange Commission (or the corresponding provisions of any regulation or rule subsequently adopted by the Securities and Exchange
Commission or any successor agency applicable to the Trust); (D) any other information regarding the candidate that would be required to be disclosed if the candidate were a nominee in a proxy statement or other filing required to be made in
connection with the election of Trustees or directors pursuant to Section&nbsp;14 of the Exchange Act and the rules and regulations promulgated thereunder; and (E)&nbsp;whether the recommending shareholder believes that the candidate is or will be
an &#147;interested person&#148; of the Fund (as defined in the Investment Company Act of 1940, as amended) and, if not an &#147;interested person,&#148; information regarding the candidate that will be sufficient for the Fund to make such
determination; (ii)&nbsp;the written and signed consent of the candidate to be named as a nominee and to serve as a Trustee if elected; (iii)&nbsp;the recommending shareholder&#146;s name as it appears on the Fund&#146;s books; (iv)&nbsp;the number
of shares of (and class, if any) of the Fund(s) owned beneficially and of record by the recommending shareholder; and (v)&nbsp;a description of all arrangements or understandings between the recommending shareholder and the candidate and any other
person or persons (including their names) pursuant to which the recommendation is being made by the recommending shareholder. In addition, the Committee may require the candidate to furnish such other information as it may reasonably require or deem
necessary to determine the eligibility of such candidate to serve on the Board or to satisfy applicable law. </FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">B-4</FONT> </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Appendix B </U></B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Procedures for Shareholders to Submit Nominee Candidates for </U></B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>the PIMCO Sponsored Closed-End Funds </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">A Fund shareholder must follow the following procedures in order to properly submit a nominee recommendation for the Committee&#146;s consideration. </FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">1.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The shareholder/stockholder must submit any such recommendation (a &#147;Shareholder Recommendation&#148;) in writing to a Fund, to the attention of the Secretary, at
the address of the principal executive offices of the Fund. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">2.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Shareholder Recommendation must be delivered to or mailed and received at the principal executive offices of a Fund not less than forty-five (45)&nbsp;calendar days
nor more than seventy-five (75)&nbsp;calendar days prior to the date of the Board or shareholder meeting at which the nominee would be elected. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">3.</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Shareholder Recommendation must include: (i)&nbsp;a statement in writing setting forth (A)&nbsp;the name, age, date of birth, business address,
residence address and nationality of the person recommended by the shareholder (the &#147;candidate&#148;); (B) the class and number of all shares of the Fund owned of record or beneficially by the candidate, as reported to such shareholder by the
candidate; (C)&nbsp;any other information regarding the candidate called for with respect to director nominees by paragraphs (a), (d), (e) and (f)&nbsp;of Item&nbsp;401 of Regulation S-K or paragraph (b)&nbsp;of Item 22 of Rule 14a-101 (Schedule
14A) under the Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;), adopted by the Securities and Exchange Commission (or the corresponding provisions of any regulation or rule subsequently adopted by the Securities and
Exchange Commission or any successor agency applicable to the Fund); (D) any other information regarding the candidate that would be required to be disclosed if the candidate were a nominee in a proxy statement or other filing required to be made in
connection with solicitation of proxies for election of Directors/Trustees or directors pursuant to Section&nbsp;14 of the Exchange Act and the rules and regulations promulgated thereunder; and (E)&nbsp;whether the recommending shareholder believes
that the candidate is or will be an &#147;interested person&#148; of the Fund (as defined in the Investment Company Act of 1940, as amended) and, if not an &#147;interested person,&#148; information regarding the candidate that will be sufficient
for the Fund to make such determination; (ii)&nbsp;the written and signed consent of the candidate to be named as a nominee and to serve as a Director/Trustee if elected; (iii)&nbsp;the recommending shareholder&#146;s name as it appears on the
Fund&#146;s books; (iv)&nbsp;the class and number of all shares of the Fund owned beneficially and </FONT></P></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">B-5</FONT> </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">
of record by the recommending shareholder; and (v)&nbsp;a description of all arrangements or understandings between the recommending shareholder and the candidate and any other person or persons
(including their names) pursuant to which the recommendation is being made by the recommending shareholder. In addition, the Committee may require the candidate to furnish such other information as it may reasonably require or deem necessary to
determine the eligibility of such candidate to serve on the Board. </FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">B-6</FONT> </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I><U>Exhibit <FONT STYLE="white-space:nowrap">C-1</FONT> to Proxy Statement
</U></I></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Report of Audit Oversight Committees </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">of the Boards of Trustees/Directors of </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">PIMCO Dynamic Income Fund (PDI) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px;padding-bottom:0px; " ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">PIMCO Global StocksPLUS<FONT
STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT>&nbsp;&amp; Income Fund (PGP) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">PIMCO Strategic Income Fund, Inc. (RCS) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">(each, a &#147;Fund&#148; and,
collectively, the &#147;Funds&#148;) </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Dated August&nbsp;24, 2016 </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Audit Oversight Committees (the &#147;Committee&#148;) oversee the Funds&#146; financial reporting process on behalf of the Board of
Trustees/Directors of each Fund (the &#147;Board&#148;) and operates under a written Charter adopted by the Board. The Committee meets with each Fund&#146;s management (&#147;Management&#148;) and independent registered public accounting firm and
reports the results of its activities to the Board. Management has the primary responsibility for the financial statements and the reporting process, including the system of internal controls. In connection with the Committee&#146;s and independent
accountant&#146;s responsibilities, Management has advised that the Funds&#146; financial statements for the fiscal year ended June&nbsp;30, 2016 were prepared in conformity with the generally accepted accounting principles. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Committee has reviewed and discussed with Management and PricewaterhouseCoopers LLP (&#147;PwC&#148;), the Funds&#146; independent
registered public accounting firm, the audited financial statements for the fiscal year ended June&nbsp;30, 2016. The Committee has discussed with PwC the matters required to be discussed by Statements on Auditing Standard No.&nbsp;61 (SAS 61). SAS
61 requires the independent registered public accounting firm to communicate to the Committee matters including, if applicable: 1)&nbsp;methods used to account for significant unusual transactions; 2) the effect of significant accounting policies in
controversial or emerging areas for which there is a lack of authoritative guidance or consensus; 3) the process used by management in formulating particularly sensitive accounting estimates and the basis for the auditor&#146;s conclusions regarding
the reasonableness of those estimates; and 4) disagreements with Management over the application of accounting principles and certain other matters. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">With respect to each Fund, the Committee has received the written disclosure and the letter from PwC required by Rule 3526 of the Public Company Accounting Oversight Board (requiring registered public
accounting firms to make written disclosure to and discuss with the Committee various matters relating to the auditor&#146;s independence), and has discussed with PwC their </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">C-1</FONT> </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
independence. The Committee has also reviewed the aggregate fees billed by PwC for professional services rendered to each Fund and, to the extent applicable with respect to each Fund&#146;s
reporting period, for <FONT STYLE="white-space:nowrap">non-audit</FONT> services provided to Pacific Investment Management Company LLC (&#147;PIMCO&#148;), the Funds&#146; investment manager, and any entity controlling, controlled by or under common
control with PIMCO that provided services to each Fund. As part of this review, the Committee considered, in addition to other practices and requirements relating to selection of the Funds&#146; independent registered public accounting firm, whether
the provision of such <FONT STYLE="white-space:nowrap">non-audit</FONT> services was compatible with maintaining the independence of PwC. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Based on the foregoing review and discussions, the Committee presents this Report to the Board and recommends that (1)&nbsp;the audited financial statements for the fiscal year ended June&nbsp;30, 2016 be
included in the Funds&#146; Annual Report to shareholders for such fiscal year, (2)&nbsp;such Annual Report be filed with the Securities and Exchange Commission and the New York Stock Exchange, and (3)&nbsp;PwC be reappointed as the Funds&#146;
independent registered public accounting firm for the fiscal year ending June&nbsp;30, 2017. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Submitted by the Audit Oversight Committee of
the Board of Trustees: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Deborah A. DeCotis, </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Bradford K. Gallagher, </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">James A. Jacobson, </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Hans W. Kertess, </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">William B. Ogden, IV and
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Alan Rappaport </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">C-2</FONT> </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I><U>Exhibit <FONT STYLE="white-space:nowrap">C-2</FONT> to Proxy Statement
</U></I></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Report of Audit Oversight Committees </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">of the Boards of Trustees of </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">PIMCO Income Strategy Fund (PFL) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">PIMCO Income Strategy Fund II (PFN) </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">PIMCO High Income Fund (PHK) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">(each, a &#147;Fund&#148; and, collectively, the &#147;Funds&#148;) </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Dated
September&nbsp;22, 2016 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Audit Oversight Committees (the &#147;Committee&#148;) oversee the Funds&#146; financial
reporting process on behalf of the Board of Trustees of each Fund (the &#147;Board&#148;) and operate under a written Charter adopted by the Board. The Committee meets with each Fund&#146;s management (&#147;Management&#148;) and independent
registered public accounting firm and reports the results of its activities to the Board. Management has the primary responsibility for the financial statements and the reporting process, including the system of internal controls. In connection with
the Committee&#146;s and independent accountant&#146;s responsibilities, Management has advised that the Funds&#146; financial statements for the fiscal year ended July&nbsp;31, 2016 were prepared in conformity with the generally accepted accounting
principles. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Committee has reviewed and discussed with Management and PricewaterhouseCoopers LLP (&#147;PwC&#148;), the
Funds&#146; independent registered public accounting firm, the audited financial statements for the fiscal year ended July&nbsp;31, 2016. The Committee has discussed with PwC the matters required to be discussed by Statements on Auditing Standard
No.&nbsp;61 (SAS 61). SAS 61 requires the independent registered public accounting firm to communicate to the Committee matters including, if applicable: 1)&nbsp;methods used to account for significant unusual transactions; 2) the effect of
significant accounting policies in controversial or emerging areas for which there is a lack of authoritative guidance or consensus; 3) the process used by management in formulating particularly sensitive accounting estimates and the basis for the
auditor&#146;s conclusions regarding the reasonableness of those estimates; and 4) disagreements with Management over the application of accounting principles and certain other matters. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">With respect to each Fund, the Committee has received the written disclosure and the letter from PwC required by Rule 3526 of the Public
Company Accounting Oversight Board (requiring registered public accounting firms to make written disclosure to and discuss with the Committee various matters relating to the auditor&#146;s independence), and has discussed with PwC their
</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">C-3</FONT> </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
independence. The Committee has also reviewed the aggregate fees billed by PwC for professional services rendered to each Fund and, to the extent applicable with respect to each Fund&#146;s
reporting period, for <FONT STYLE="white-space:nowrap">non-audit</FONT> services provided to Pacific Investment Management Company LLC (&#147;PIMCO&#148;), the Funds&#146; investment manager and any entity controlling, controlled by or under common
control with PIMCO that provided services to each Fund. As part of this review, the Committee considered, in addition to other practices and requirements relating to selection of the Funds&#146; independent registered public accounting firm, whether
the provision of such <FONT STYLE="white-space:nowrap">non-audit</FONT> services was compatible with maintaining the independence of PwC. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Based on the foregoing review and discussions, the Committee presents this Report to the Board and recommends that (1)&nbsp;the audited financial statements for the fiscal year ended July&nbsp;31, 2016 be
included in the Funds&#146; Annual Report to shareholders for such fiscal year, (2)&nbsp;such Annual Report be filed with the Securities and Exchange Commission and the New York Stock Exchange, and (3)&nbsp;PwC be reappointed as the Funds&#146;
independent registered public accounting firm for the fiscal year ending July&nbsp;31, 2017. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Submitted by the Audit Oversight Committee of
the Board of Trustees: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Deborah A. DeCotis, </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Bradford K. Gallagher, </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">James A. Jacobson, </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Hans W. Kertess, </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">William B. Ogden, IV and
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Alan Rappaport </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="white-space:nowrap">C-4</FONT> </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="font-size:2px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="font-size:120px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="font-size:120px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:120px;margin-bottom:0px; margin-right:6%" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">CEF_Proxy_042817 </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <DIV STYLE="position:relative;float:left; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


<IMG SRC="g293100stp51a.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:60pt; margin-bottom:0pt; margin-right:30pt; font-size:11pt; font-family:ARIAL" ALIGN="justify">YOUR VOTE IS IMPORTANT NO MATTER HOW MANY SHARES YOU OWN.<B> </B>THE MATTERS WE ARE SUBMITTING FOR
YOUR CONSIDERATION ARE SIGNIFICANT TO THE FUND AND TO YOU AS A FUND SHAREHOLDER.<B> PLEASE TAKE THE TIME TO READ THE PROXY STATEMENT AND CAST YOUR PROXY VOTE TODAY!</B>
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
<DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:16pt">


<TR>
<TD WIDTH="52%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="46%"></TD></TR>


<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top" BGCOLOR="#000000"> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#ffffff"><B><I><FONT COLOR="#ffffff">PROXY&nbsp;CARD</FONT></I></B></FONT></P>
<P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom" BGCOLOR="#ffffff">&nbsp;</TD>
<TD VALIGN="top" BGCOLOR="#ffffff"></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>PIMCO STRATEGIC INCOME FUND, INC. &#150; COMMON SHARES </B></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g293100pc.jpg" ALT="LOGO">
 </P></DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center">PROXY IN CONNECTION WITH THE ANNUAL
MEETING OF SHAREHOLDERS </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center">TO BE HELD ON JUNE 30, 2017 </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">The undersigned holder of common shares of PIMCO Strategic Income Fund, Inc., a Maryland corporation (the &#147;Fund&#148;), hereby appoints Peter G.
Strelow, William Galipeau and Joshua D. Ratner, or any of them, each with full power of substitution, as the proxy or proxies for the undersigned to: (i) attend the Annual Meeting of Shareholders of the Fund (the &#147;Annual Meeting&#148;) to be
held at the offices of Pacific Investment Management Company LLC, at 1633 Broadway, between West 50<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>&nbsp;and West 51<SUP STYLE="font-size:85%; vertical-align:top">st</SUP>&nbsp;Streets, 42<SUP
STYLE="font-size:85%; vertical-align:top">nd</SUP>&nbsp;Floor, New York, New York 10019, on June 30, 2017 beginning at 9:30 A.M. Eastern Time, and any adjournment(s) or postponement(s) thereof; and (ii) cast on behalf of the undersigned all votes
that the undersigned is entitled to cast at the Annual Meeting and otherwise to represent the undersigned with all powers possessed by the undersigned as if personally present at such Annual Meeting. The undersigned acknowledges receipt of the
Notice of the Annual Meeting and the accompanying Proxy Statement dated May 12, 2017. The undersigned hereby revokes any prior proxy given with respect to the Annual Meeting, and ratifies and confirms all that the proxies, or any one of them, may
lawfully do. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS OF THE FUND, WHICH UNANIMOUSLY RECOMMENDS THAT YOU VOTE &#147;FOR&#148;
THE PROPOSAL. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>IF THIS PROXY IS PROPERLY EXECUTED, THE VOTES ENTITLED TO BE CAST BY THE UNDERSIGNED WILL BE CAST IN THE MANNER DIRECTED ON THE REVERSE SIDE
HEREOF, AND WILL BE VOTED IN THE DISCRETION OF THE PROXY HOLDER(S) ON ANY OTHER MATTERS THAT MAY PROPERLY COME BEFORE THE ANNUAL MEETING OR ANY ADJOURNMENT(S) OR POSTPONEMENT(S) THEREOF. IF THIS PROXY IS PROPERLY EXECUTED BUT NO DIRECTION IS MADE AS
REGARDS TO A PROPOSAL INCLUDED IN THE PROXY STATEMENT, SUCH VOTES ENTITLED TO BE CAST BY THE UNDERSIGNED WILL BE CAST &#147;FOR&#148; SUCH PROPOSAL. </B></P> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.50pt solid #000000">&nbsp;</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Please refer to the Proxy Statement for a
discussion of the Proposal. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>PLEASE VOTE, DATE AND SIGN ON THE REVERSE SIDE HEREOF AND RETURN THE SIGNED PROXY PROMPTLY IN THE ENCLOSED ENVELOPE. IMPORTANT
NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON JUNE 30, 2017. </B>The Proxy Statement and the Annual Report to Shareholders for the fiscal year ended June&nbsp;30, 2016 for PIMCO Strategic
Income Fund, Inc. are also available at<B> </B><U>pimco</U><U>.com/closedendfunds.</U><B> </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR BGCOLOR="#f2f2f2" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">&nbsp;&nbsp;[PROXY ID NUMBER HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">[BAR CODE HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">[CUSIP
HERE]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:16pt" ALIGN="center">


<TR>
<TD WIDTH="66%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="27%"></TD></TR>


<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top" COLSPAN="5"><FONT STYLE="font-size:11.5pt"><B>PIMCO STRATEGIC INCOME FUND, INC. &#150; COMMON SHARES</B></FONT></TD></TR>
<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" BGCOLOR="#000000">&nbsp;</TD>
<TD VALIGN="top" BGCOLOR="#000000"> <P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#ffffff"><B><I><FONT COLOR="#ffffff">PROXY&nbsp;CARD</FONT></I></B></FONT></P>
<P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="justify"><B>YOUR SIGNATURE IS REQUIRED FOR YOUR VOTE TO BE COUNTED. </B></P>
<P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">Please sign exactly as your name(s) appear(s) on the proxy card. Joint owners should each sign personally. Trustees and other fiduciaries should
indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, the signature should be that of an authorized officer who should state his or her title.
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:36pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="80%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="16%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="justify">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">SIGNATURE (AND TITLE IF APPLICABLE)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">DATE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="27" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:9pt; font-family:ARIAL">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">SIGNATURE (IF HELD JOINTLY)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">DATE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
</TABLE> </DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.50pt solid #000000">&nbsp;</P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">TO VOTE, MARK ONE CIRCLE IN BLUE OR BLACK INK. Example:&nbsp;&nbsp;<FONT STYLE="font-family:ARIAL; font-size:16pt"><FONT
STYLE="font-family:Times New Roman">&#9679;</FONT></FONT><FONT STYLE="font-family:ARIAL; font-size:10pt"> </FONT></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt" ALIGN="center">


<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="73%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="12%"></TD></TR>
<TR BGCOLOR="#d9d9d9" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>FOR</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>WITHHOLD&nbsp;&nbsp;</B></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="7"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="7"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:11pt"><B>&nbsp;PROPOSAL</B></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">A.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Election of Directors &#151; The Board of Directors urges you to vote <U>FOR</U> the election of the Nominees.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">1.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Nominees:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(01) Hans W. Kertess</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(02) Bradford K. Gallagher</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(03) John C. Maney</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:ARIAL">2.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:ARIAL">To vote and otherwise represent the undersigned on any other business that may
properly come before the Annual Meeting or any adjournment(s) or postponement(s) thereof, in the discretion of the proxy holder(s).</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">B.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="white-space:nowrap">Non-Voting</FONT> Items</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
</TABLE> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="45%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="44%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:0.45em; font-size:11pt; font-family:ARIAL"><B>Change of Address &#150; Please print new address below.</B></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:0.91em; font-size:11pt; font-family:ARIAL"><B>Comments &#150; Please print your comments below.</B></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" ALIGN="center" STYLE="BORDER:1px solid #000000; padding-left:8pt"><FONT STYLE="font-size:50pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-right:2pt">&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:30pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:1pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center"><B>You can vote on the internet, by telephone or by
mail. Please see the reverse side for instructions. </B></P> <P STYLE="margin-top:0pt;margin-bottom:0pt;page-break-before:always"></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>PLEASE VOTE ALL YOUR BALLOTS IF YOU RECEIVED MORE THAN ONE BALLOT DUE TO MULTIPLE INVESTMENTS IN THE FUND. REMEMBER TO SIGN AND DATE ABOVE BEFORE MAILING IN YOUR
VOTE. THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:18pt; font-family:ARIAL" ALIGN="center">THANK YOU FOR VOTING </P>
<P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR BGCOLOR="#f2f2f2" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">&nbsp;&nbsp;[PROXY ID NUMBER HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">[BAR CODE HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">[CUSIP
HERE]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <DIV STYLE="position:relative;float:left; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


<IMG SRC="g293100stp51a.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:60pt; margin-bottom:0pt; margin-right:30pt; font-size:11pt; font-family:ARIAL" ALIGN="justify">YOUR VOTE IS IMPORTANT NO MATTER HOW MANY SHARES YOU OWN.<B> </B>THE MATTERS WE ARE SUBMITTING FOR
YOUR CONSIDERATION ARE SIGNIFICANT TO THE FUND AND TO YOU AS A FUND SHAREHOLDER.<B> PLEASE TAKE THE TIME TO READ THE PROXY STATEMENT AND CAST YOUR PROXY VOTE TODAY!</B>
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
<DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:16pt">


<TR>
<TD WIDTH="52%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="46%"></TD></TR>


<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top" BGCOLOR="#000000"> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#ffffff"><B><I><FONT COLOR="#ffffff">PROXY&nbsp;CARD</FONT></I></B></FONT></P>
<P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom" BGCOLOR="#ffffff">&nbsp;</TD>
<TD VALIGN="top" BGCOLOR="#ffffff"></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>PIMCO GLOBAL STOCKSPLUS&nbsp;&amp; INCOME FUND&nbsp;&#150; COMMON SHARES </B></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g293100pc.jpg" ALT="LOGO">
 </P></DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center">PROXY IN CONNECTION WITH THE ANNUAL
MEETING OF SHAREHOLDERS </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center">TO BE HELD ON JUNE 30, 2017 </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">The undersigned holder of common shares of PIMCO Global StocksPLUS&nbsp;&amp; Income Fund, a Massachusetts business trust (the &#147;Fund&#148;), hereby
appoints Peter G. Strelow, William Galipeau and Joshua D. Ratner, or any of them, each with full power of substitution, as the proxy or proxies for the undersigned to: (i) attend the Annual Meeting of Shareholders of the Fund (the &#147;Annual
Meeting&#148;) to be held at the offices of Pacific Investment Management Company LLC, at 1633 Broadway, between West 50<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>&nbsp;and West
51<SUP STYLE="font-size:85%; vertical-align:top">st</SUP>&nbsp;Streets, 42<SUP STYLE="font-size:85%; vertical-align:top">nd</SUP>&nbsp;Floor, New York, New York 10019, on June 30, 2017 beginning at 9:30 A.M. Eastern Time, and any adjournment(s) or
postponement(s) thereof; and (ii) cast on behalf of the undersigned all votes that the undersigned is entitled to cast at the Annual Meeting and otherwise to represent the undersigned with all powers possessed by the undersigned as if personally
present at such Annual Meeting. The undersigned acknowledges receipt of the Notice of the Annual Meeting and the accompanying Proxy Statement dated May 12, 2017. The undersigned hereby revokes any prior proxy given with respect to the Annual
Meeting, and ratifies and confirms all that the proxies, or any one of them, may lawfully do. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF
TRUSTEES OF THE FUND, WHICH UNANIMOUSLY RECOMMENDS THAT YOU VOTE &#147;FOR&#148; THE PROPOSAL. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>IF THIS PROXY IS PROPERLY EXECUTED, THE VOTES ENTITLED TO BE
CAST BY THE UNDERSIGNED WILL BE CAST IN THE MANNER DIRECTED ON THE REVERSE SIDE HEREOF, AND WILL BE VOTED IN THE DISCRETION OF THE PROXY HOLDER(S) ON ANY OTHER MATTERS THAT MAY PROPERLY COME BEFORE THE ANNUAL MEETING OR ANY ADJOURNMENT(S) OR
POSTPONEMENT(S) THEREOF. IF THIS PROXY IS PROPERLY EXECUTED BUT NO DIRECTION IS MADE AS REGARDS TO A PROPOSAL INCLUDED IN THE PROXY STATEMENT, SUCH VOTES ENTITLED TO BE CAST BY THE UNDERSIGNED WILL BE CAST &#147;FOR&#148; SUCH PROPOSAL. </B></P>
<P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.50pt solid #000000">&nbsp;</P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Please refer to the Proxy Statement for a discussion of the Proposal. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>PLEASE VOTE, DATE AND SIGN ON THE REVERSE SIDE HEREOF AND RETURN THE SIGNED PROXY PROMPTLY IN THE ENCLOSED ENVELOPE. IMPORTANT NOTICE REGARDING THE AVAILABILITY OF
PROXY MATERIALS FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON JUNE 30, 2017. </B>The Proxy Statement and the Annual Report to Shareholders for the fiscal year ended June 30, 2016 for PIMCO Global StocksPLUS &amp; Income Fund are also
available at <U>pimco.com/closedendfunds.</U><B> </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR BGCOLOR="#f2f2f2" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">&nbsp;&nbsp;[PROXY ID NUMBER HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">[BAR CODE HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">[CUSIP
HERE]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:16pt" ALIGN="center">


<TR>
<TD WIDTH="66%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="27%"></TD></TR>


<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top" COLSPAN="5"><FONT STYLE="font-size:11.5pt"><B>PIMCO GLOBAL STOCKSPLUS&nbsp;&amp; INCOME FUND &#150; COMMON SHARES</B></FONT></TD></TR>
<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" BGCOLOR="#000000">&nbsp;</TD>
<TD VALIGN="top" BGCOLOR="#000000"> <P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#ffffff"><B><I><FONT COLOR="#ffffff">PROXY&nbsp;CARD</FONT></I></B></FONT></P>
<P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="justify"><B>YOUR SIGNATURE IS REQUIRED FOR YOUR VOTE TO BE COUNTED. </B></P>
<P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">Please sign exactly as your name(s) appear(s) on the proxy card. Joint owners should each sign personally. Trustees and other fiduciaries should
indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, the signature should be that of an authorized officer who should state his or her title.
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:36pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="80%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="16%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="justify">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">SIGNATURE (AND TITLE IF APPLICABLE)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">DATE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="27" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:9pt; font-family:ARIAL">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">SIGNATURE (IF HELD JOINTLY)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">DATE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
</TABLE> </DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.50pt solid #000000">&nbsp;</P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">TO VOTE, MARK ONE CIRCLE IN BLUE OR BLACK INK. Example:&nbsp;&nbsp;<FONT STYLE="font-family:ARIAL; font-size:16pt"><FONT
STYLE="font-family:Times New Roman">&#9679;</FONT></FONT><FONT STYLE="font-family:ARIAL; font-size:10pt"> </FONT></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt" ALIGN="center">


<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="73%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="12%"></TD></TR>
<TR BGCOLOR="#d9d9d9" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>FOR</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>WITHHOLD&nbsp;&nbsp;</B></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="7"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="7"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:11pt"><B>&nbsp;PROPOSAL</B></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">A.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Election of Trustees &#151; The Board of Trustees urges you to vote <U>FOR</U> the election of the Nominees.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">1.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Nominees:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(01) Alan Rappaport</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(02) John C. Maney</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(03) Deborah A. DeCotis</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:ARIAL">2.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:ARIAL">To vote and otherwise represent the undersigned on any other business that may
properly come before the Annual Meeting or any adjournment(s) or postponement(s) thereof, in the discretion of the proxy holder(s).</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">B.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="white-space:nowrap">Non-Voting</FONT> Items</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
</TABLE> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="45%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="44%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:0.45em; font-size:11pt; font-family:ARIAL"><B>Change of Address &#150; Please print new address below.</B></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:0.91em; font-size:11pt; font-family:ARIAL"><B>Comments &#150; Please print your comments below.</B></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" ALIGN="center" STYLE="BORDER:1px solid #000000; padding-left:8pt"><FONT STYLE="font-size:50pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-right:2pt">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center"><B>You can vote on the internet, by telephone or by mail. Please see the reverse side for instructions. </B></P>
<P STYLE="margin-top:0pt;margin-bottom:0pt;page-break-before:always"></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>PLEASE VOTE ALL YOUR
BALLOTS IF YOU RECEIVED MORE THAN ONE BALLOT DUE TO MULTIPLE INVESTMENTS IN THE FUND. REMEMBER TO SIGN AND DATE ABOVE BEFORE MAILING IN YOUR VOTE. THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:18pt; font-family:ARIAL" ALIGN="center">THANK YOU FOR VOTING </P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR BGCOLOR="#f2f2f2" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">&nbsp;&nbsp;[PROXY ID NUMBER HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">[BAR CODE HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">[CUSIP
HERE]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <DIV STYLE="position:relative;float:left; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


<IMG SRC="g293100stp51a.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:60pt; margin-bottom:0pt; margin-right:30pt; font-size:11pt; font-family:ARIAL" ALIGN="justify">YOUR VOTE IS IMPORTANT NO MATTER HOW MANY SHARES YOU OWN.<B> </B>THE MATTERS WE ARE SUBMITTING FOR
YOUR CONSIDERATION ARE SIGNIFICANT TO THE FUND AND TO YOU AS A FUND SHAREHOLDER.<B> PLEASE TAKE THE TIME TO READ THE PROXY STATEMENT AND CAST YOUR PROXY VOTE TODAY!</B>
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
<DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:16pt">


<TR>
<TD WIDTH="52%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="46%"></TD></TR>


<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top" BGCOLOR="#000000"> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#ffffff"><B><I><FONT COLOR="#ffffff">PROXY&nbsp;CARD</FONT></I></B></FONT></P>
<P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom" BGCOLOR="#ffffff">&nbsp;</TD>
<TD VALIGN="top" BGCOLOR="#ffffff"></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>PIMCO HIGH INCOME FUND &#150; COMMON&nbsp;SHARES </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g293100pc.jpg" ALT="LOGO">
 </P></DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center">PROXY IN CONNECTION WITH THE ANNUAL
MEETING OF SHAREHOLDERS </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center">TO BE HELD ON JUNE 30, 2017 </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">The undersigned holder of common shares of PIMCO High Income Fund, a Massachusetts business trust (the &#147;Fund&#148;), hereby appoints Peter G.
Strelow, William Galipeau and Joshua D. Ratner, or any of them, each with full power of substitution, as the proxy or proxies for the undersigned to: (i) attend the Annual Meeting of Shareholders of the Fund (the &#147;Annual Meeting&#148;) to be
held at the offices of Pacific Investment Management Company LLC , at 1633 Broadway, between West 50<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>&nbsp;and West 51<SUP STYLE="font-size:85%; vertical-align:top">st</SUP>&nbsp;Streets, 42<SUP
STYLE="font-size:85%; vertical-align:top">nd</SUP>&nbsp;Floor, New York, New York 10019, on June 30, 2017 beginning at 9:30&nbsp;A.M. Eastern Time, and any adjournment(s) or postponement(s) thereof; and (ii) cast on behalf of the undersigned all
votes that the undersigned is entitled to cast at the Annual Meeting and otherwise to represent the undersigned with all powers possessed by the undersigned as if personally present at such Annual Meeting. The undersigned acknowledges receipt of the
Notice of the Annual Meeting and the accompanying Proxy Statement dated May 12, 2017. The undersigned hereby revokes any prior proxy given with respect to the Annual Meeting, and ratifies and confirms all that the proxies, or any one of them, may
lawfully do. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES OF THE FUND, WHICH UNANIMOUSLY RECOMMENDS THAT YOU VOTE &#147;FOR&#148;
THE PROPOSAL. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>IF THIS PROXY IS PROPERLY EXECUTED, THE VOTES ENTITLED TO BE CAST BY THE UNDERSIGNED WILL BE CAST IN THE MANNER DIRECTED ON THE REVERSE SIDE
HEREOF, AND WILL BE VOTED IN THE DISCRETION OF THE PROXY HOLDER(S) ON ANY OTHER MATTERS THAT MAY PROPERLY COME BEFORE THE ANNUAL MEETING OR ANY ADJOURNMENT(S) OR POSTPONEMENT(S) THEREOF. IF THIS PROXY IS PROPERLY EXECUTED BUT NO DIRECTION IS MADE AS
REGARDS TO A PROPOSAL INCLUDED IN THE PROXY STATEMENT, SUCH VOTES ENTITLED TO BE CAST BY THE UNDERSIGNED WILL BE CAST &#147;FOR&#148; SUCH PROPOSAL. </B></P> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.50pt solid #000000">&nbsp;</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Please refer to the Proxy Statement for a
discussion of the Proposal. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>PLEASE VOTE, DATE AND SIGN ON THE REVERSE SIDE HEREOF AND RETURN THE SIGNED PROXY PROMPTLY IN THE ENCLOSED ENVELOPE. IMPORTANT
NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON JUNE 30, 2017. </B>The Proxy Statement and the Annual Report to Shareholders for the fiscal year ended July 31, 2016 for PIMCO High Income Fund
are also available at<B> </B><U>pimco</U><U>.com/closedendfunds.</U><B> </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR BGCOLOR="#f2f2f2" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">&nbsp;&nbsp;[PROXY ID NUMBER HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">[BAR CODE HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">[CUSIP
HERE]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:16pt" ALIGN="center">


<TR>
<TD WIDTH="66%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="27%"></TD></TR>


<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top" COLSPAN="5"><FONT STYLE="font-size:11.5pt"><B>PIMCO HIGH INCOME FUND &#150; COMMON SHARES</B></FONT></TD></TR>
<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" BGCOLOR="#000000">&nbsp;</TD>
<TD VALIGN="top" BGCOLOR="#000000"> <P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#ffffff"><B><I><FONT COLOR="#ffffff">PROXY&nbsp;CARD</FONT></I></B></FONT></P>
<P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="justify"><B>YOUR SIGNATURE IS REQUIRED FOR YOUR VOTE TO BE COUNTED. </B></P>
<P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">Please sign exactly as your name(s) appear(s) on the proxy card. Joint owners should each sign personally. Trustees and other fiduciaries should
indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, the signature should be that of an authorized officer who should state his or her title.
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:36pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="80%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="16%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="justify">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">SIGNATURE (AND TITLE IF APPLICABLE)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">DATE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="27" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:9pt; font-family:ARIAL">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">SIGNATURE (IF HELD JOINTLY)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">DATE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
</TABLE> </DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.50pt solid #000000">&nbsp;</P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">TO VOTE, MARK ONE CIRCLE IN BLUE OR BLACK INK. Example:&nbsp;&nbsp;<FONT STYLE="font-family:ARIAL; font-size:16pt"><FONT
STYLE="font-family:Times New Roman">&#9679;</FONT></FONT><FONT STYLE="font-family:ARIAL; font-size:10pt"> </FONT></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt" ALIGN="center">


<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="73%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="12%"></TD></TR>
<TR BGCOLOR="#d9d9d9" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>FOR</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>WITHHOLD&nbsp;&nbsp;</B></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="7"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="7"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:11pt"><B>&nbsp;PROPOSAL</B></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">A.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Election of Trustees &#151; The Board of Trustees urges you to vote <U>FOR</U> the election of the Nominees.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">1.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Nominees:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(01) Bradford K. Gallagher</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(02) Craig A. Dawson</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:ARIAL">2.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:ARIAL">To vote and otherwise represent the undersigned on any other business that may
properly come before the Annual Meeting or any adjournment(s) or postponement(s) thereof, in the discretion of the proxy holder(s).</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">B.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="white-space:nowrap">Non-Voting</FONT> Items</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
</TABLE> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="45%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="44%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:0.45em; font-size:11pt; font-family:ARIAL"><B>Change of Address &#150; Please print new address below.</B></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:0.91em; font-size:11pt; font-family:ARIAL"><B>Comments &#150; Please print your comments below.</B></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" ALIGN="center" STYLE="BORDER:1px solid #000000; padding-left:8pt"><FONT STYLE="font-size:50pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-right:2pt">&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:30pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:1pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center"><B>You can vote on the internet, by telephone or by
mail. Please see the reverse side for instructions. </B></P> <P STYLE="margin-top:0pt;margin-bottom:0pt;page-break-before:always"></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>PLEASE VOTE ALL YOUR BALLOTS IF YOU RECEIVED MORE THAN ONE BALLOT DUE TO MULTIPLE INVESTMENTS IN THE FUND. REMEMBER TO SIGN AND DATE ABOVE BEFORE MAILING IN YOUR
VOTE. THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:1pt; margin-bottom:0pt; font-size:18pt; font-family:ARIAL" ALIGN="center">THANK YOU FOR
VOTING </P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR BGCOLOR="#f2f2f2" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">&nbsp;&nbsp;[PROXY ID NUMBER HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">[BAR CODE HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">[CUSIP
HERE]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <DIV STYLE="position:relative;float:left; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


<IMG SRC="g293100stp51a.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:60pt; margin-bottom:0pt; margin-right:30pt; font-size:11pt; font-family:ARIAL" ALIGN="justify">YOUR VOTE IS IMPORTANT NO MATTER HOW MANY SHARES YOU OWN.<B> </B>THE MATTERS WE ARE SUBMITTING FOR
YOUR CONSIDERATION ARE SIGNIFICANT TO THE FUND AND TO YOU AS A FUND SHAREHOLDER.<B> PLEASE TAKE THE TIME TO READ THE PROXY STATEMENT AND CAST YOUR PROXY VOTE TODAY!</B>
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
<DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:16pt">


<TR>
<TD WIDTH="52%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="46%"></TD></TR>


<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top" BGCOLOR="#000000"> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#ffffff"><B><I><FONT COLOR="#ffffff">PROXY&nbsp;CARD</FONT></I></B></FONT></P>
<P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom" BGCOLOR="#ffffff">&nbsp;</TD>
<TD VALIGN="top" BGCOLOR="#ffffff"></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>PIMCO HIGH INCOME FUND &#150; PREFERRED SHARES </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g293100pc.jpg" ALT="LOGO">
 </P></DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center">PROXY IN CONNECTION WITH THE ANNUAL
MEETING OF SHAREHOLDERS </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center">TO BE HELD ON JUNE 30, 2017 </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">The undersigned holder of preferred shares of PIMCO High Income Fund, a Massachusetts business trust (the &#147;Fund&#148;), hereby appoints Peter G.
Strelow, William Galipeau and Joshua D. Ratner, or any of them, each with full power of substitution, as the proxy or proxies for the undersigned to: (i) attend the Annual Meeting of Shareholders of the Fund (the &#147;Annual Meeting&#148;) to be
held at the offices of Pacific Investment Management Company LLC, at 1633 Broadway, between West 50<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> and West 51<SUP STYLE="font-size:85%; vertical-align:top">st</SUP> Streets, 42<SUP
STYLE="font-size:85%; vertical-align:top">nd</SUP> Floor, New York, New York 10019, on June 30, 2017 beginning at 9:30 A.M. Eastern Time, and any adjournment(s) or postponement(s) thereof; and (ii) cast on behalf of the undersigned all votes that
the undersigned is entitled to cast at the Annual Meeting and otherwise to represent the undersigned with all powers possessed by the undersigned as if personally present at such Annual Meeting. The undersigned acknowledges receipt of the Notice of
the Annual Meeting and the accompanying Proxy Statement dated May 12, 2017. The undersigned hereby revokes any prior proxy given with respect to the Annual Meeting, and ratifies and confirms all that the proxies, or any one of them, may lawfully do.
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES OF THE FUND, WHICH UNANIMOUSLY RECOMMENDS THAT YOU VOTE &#147;FOR&#148; THE PROPOSAL.
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>IF THIS PROXY IS PROPERLY EXECUTED, THE VOTES ENTITLED TO BE CAST BY THE UNDERSIGNED WILL BE CAST IN THE MANNER DIRECTED ON THE REVERSE SIDE HEREOF, AND WILL
BE VOTED IN THE DISCRETION OF THE PROXY HOLDER(S) ON ANY OTHER MATTERS THAT MAY PROPERLY COME BEFORE THE ANNUAL MEETING OR ANY ADJOURNMENT(S) OR POSTPONEMENT(S) THEREOF. IF THIS PROXY IS PROPERLY EXECUTED BUT NO DIRECTION IS MADE AS REGARDS TO A
PROPOSAL INCLUDED IN THE PROXY STATEMENT, SUCH VOTES ENTITLED TO BE CAST BY THE UNDERSIGNED WILL BE CAST &#147;FOR&#148; SUCH PROPOSAL. </B></P> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.50pt solid #000000">&nbsp;</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Please refer to the Proxy Statement for a
discussion of the Proposal. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>PLEASE VOTE, DATE AND SIGN ON THE REVERSE SIDE HEREOF AND RETURN THE SIGNED PROXY PROMPTLY IN THE ENCLOSED ENVELOPE. IMPORTANT
NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON JUNE 30, 2017. </B>The Proxy Statement and the Annual Report to Shareholders for the fiscal year ended July 31, 2016 for PIMCO High Income Fund
are also available at <U>pimco.com/closedendfunds.</U><B> </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR BGCOLOR="#f2f2f2" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">&nbsp;&nbsp;[PROXY ID NUMBER HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">[BAR CODE HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">[CUSIP
HERE]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:16pt" ALIGN="center">


<TR>
<TD WIDTH="66%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="27%"></TD></TR>


<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top" COLSPAN="5"><FONT STYLE="font-size:11.5pt"><B>PIMCO HIGH INCOME FUND &#150; PREFERRED SHARES</B></FONT></TD></TR>
<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" BGCOLOR="#000000">&nbsp;</TD>
<TD VALIGN="top" BGCOLOR="#000000"> <P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#ffffff"><B><I><FONT COLOR="#ffffff">PROXY&nbsp;CARD</FONT></I></B></FONT></P>
<P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="justify"><B>YOUR SIGNATURE IS REQUIRED FOR YOUR VOTE TO BE COUNTED. </B></P>
<P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">Please sign exactly as your name(s) appear(s) on the proxy card. Joint owners should each sign personally. Trustees and other fiduciaries should
indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, the signature should be that of an authorized officer who should state his or her title.
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:36pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="80%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="16%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="justify">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">SIGNATURE (AND TITLE IF APPLICABLE)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">DATE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="27" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:9pt; font-family:ARIAL">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">SIGNATURE (IF HELD JOINTLY)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">DATE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
</TABLE> </DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.50pt solid #000000">&nbsp;</P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">TO VOTE, MARK ONE CIRCLE IN BLUE OR BLACK INK. Example:&nbsp;&nbsp;<FONT STYLE="font-family:ARIAL; font-size:16pt"><FONT
STYLE="font-family:Times New Roman">&#9679;</FONT></FONT><FONT STYLE="font-family:ARIAL; font-size:10pt"> </FONT></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt" ALIGN="center">


<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="73%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="12%"></TD></TR>
<TR BGCOLOR="#d9d9d9" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>FOR</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>WITHHOLD&nbsp;&nbsp;</B></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="7"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="7"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:11pt"><B>&nbsp;PROPOSAL</B></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">A.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Election of Trustees &#151; The Board of Trustees urges you to vote <U>FOR</U> the election of the Nominees.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">1.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Nominees:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(01) Bradford K. Gallagher</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(02) Craig A. Dawson</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(03) James Jacobson</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:ARIAL">2.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:ARIAL">To vote and otherwise represent the undersigned on any other business that may
properly come before the Annual Meeting or any adjournment(s) or postponement(s) thereof, in the discretion of the proxy holder(s).</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">B.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="white-space:nowrap">Non-Voting</FONT> Items</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
</TABLE> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="45%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="44%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:0.45em; font-size:11pt; font-family:ARIAL"><B>Change of Address &#150; Please print new address below.</B></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:0.91em; font-size:11pt; font-family:ARIAL"><B>Comments &#150; Please print your comments below.</B></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" ALIGN="center" STYLE="BORDER:1px solid #000000; padding-left:8pt"><FONT STYLE="font-size:50pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-right:2pt">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center"><B>You can vote on the internet, by telephone or by mail. Please see the reverse side for instructions. </B></P>
<P STYLE="margin-top:0pt;margin-bottom:0pt;page-break-before:always"></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>PLEASE VOTE ALL YOUR
BALLOTS IF YOU RECEIVED MORE THAN ONE BALLOT DUE TO MULTIPLE INVESTMENTS IN THE FUND. REMEMBER TO SIGN AND DATE ABOVE BEFORE MAILING IN YOUR VOTE. THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:18pt; font-family:ARIAL" ALIGN="center">THANK YOU FOR VOTING </P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR BGCOLOR="#f2f2f2" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">&nbsp;&nbsp;[PROXY ID NUMBER HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">[BAR CODE HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">[CUSIP
HERE]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <DIV STYLE="position:relative;float:left; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


<IMG SRC="g293100stp51a.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:60pt; margin-bottom:0pt; margin-right:30pt; font-size:11pt; font-family:ARIAL" ALIGN="justify">YOUR VOTE IS IMPORTANT NO MATTER HOW MANY SHARES YOU OWN.<B> </B>THE MATTERS WE ARE SUBMITTING FOR
YOUR CONSIDERATION ARE SIGNIFICANT TO THE FUND AND TO YOU AS A FUND SHAREHOLDER.<B> PLEASE TAKE THE TIME TO READ THE PROXY STATEMENT AND CAST YOUR PROXY VOTE TODAY!</B>
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
<DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:16pt">


<TR>
<TD WIDTH="52%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="46%"></TD></TR>


<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top" BGCOLOR="#000000"> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#ffffff"><B><I><FONT COLOR="#ffffff">PROXY&nbsp;CARD</FONT></I></B></FONT></P>
<P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom" BGCOLOR="#ffffff">&nbsp;</TD>
<TD VALIGN="top" BGCOLOR="#ffffff"></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>PIMCO DYNAMIC INCOME FUND &#150; COMMON&nbsp;SHARES </B></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g293100pc.jpg" ALT="LOGO">
 </P></DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center">PROXY IN CONNECTION WITH THE ANNUAL
MEETING OF SHAREHOLDERS </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center">TO BE HELD ON JUNE 30, 2017 </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">The undersigned holder of common shares of PIMCO Dynamic Income Fund, a Massachusetts business trust (the &#147;Fund&#148;), hereby appoints Peter G.
Strelow, William Galipeau and Joshua D. Ratner, or any of them, each with full power of substitution, as the proxy or proxies for the undersigned to: (i) attend the Annual Meeting of Shareholders of the Fund (the &#147;Annual Meeting&#148;) to be
held at the offices of Pacific Investment Management Company LLC, at 1633 Broadway, between West 50<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>&nbsp;and West 51<SUP STYLE="font-size:85%; vertical-align:top">st</SUP>&nbsp;Streets, 42<SUP
STYLE="font-size:85%; vertical-align:top">nd</SUP>&nbsp;Floor, New York, New York 10019, on June 30, 2017 beginning at 9:30&nbsp;A.M. Eastern Time, and any adjournment(s) or postponement(s) thereof; and (ii) cast on behalf of the undersigned all
votes that the undersigned is entitled to cast at the Annual Meeting and otherwise to represent the undersigned with all powers possessed by the undersigned as if personally present at such Annual Meeting. The undersigned acknowledges receipt of the
Notice of the Annual Meeting and the accompanying Proxy Statement dated May 12, 2017. The undersigned hereby revokes any prior proxy given with respect to the Annual Meeting, and ratifies and confirms all that the proxies, or any one of them, may
lawfully do. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES OF THE FUND, WHICH UNANIMOUSLY RECOMMENDS THAT YOU VOTE &#147;FOR&#148;
THE PROPOSAL. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>IF THIS PROXY IS PROPERLY EXECUTED, THE VOTES ENTITLED TO BE CAST BY THE UNDERSIGNED WILL BE CAST IN THE MANNER DIRECTED ON THE REVERSE SIDE
HEREOF, AND WILL BE VOTED IN THE DISCRETION OF THE PROXY HOLDER(S) ON ANY OTHER MATTERS THAT MAY PROPERLY COME BEFORE THE ANNUAL MEETING OR ANY ADJOURNMENT(S) OR POSTPONEMENT(S) THEREOF. IF THIS PROXY IS PROPERLY EXECUTED BUT NO DIRECTION IS MADE AS
REGARDS TO A PROPOSAL INCLUDED IN THE PROXY STATEMENT, SUCH VOTES ENTITLED TO BE CAST BY THE UNDERSIGNED WILL BE CAST &#147;FOR&#148; SUCH PROPOSAL. </B></P> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.50pt solid #000000">&nbsp;</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Please refer to the Proxy Statement for a
discussion of the Proposal. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>PLEASE VOTE, DATE AND SIGN ON THE REVERSE SIDE HEREOF AND RETURN THE SIGNED PROXY PROMPTLY IN THE ENCLOSED ENVELOPE. IMPORTANT
NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON JUNE 30, 2017. </B>The Proxy Statement and the Annual Report to Shareholders for the fiscal year ended June 30, 2016 for PIMCO Dynamic Income
Fund are also available at<B> </B><U>pimco</U><U>.com/closedendfunds.</U><B> </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR BGCOLOR="#f2f2f2" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">&nbsp;&nbsp;[PROXY ID NUMBER HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">[BAR CODE HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">[CUSIP
HERE]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:16pt" ALIGN="center">


<TR>
<TD WIDTH="66%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="27%"></TD></TR>


<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top" COLSPAN="5"><FONT STYLE="font-size:11.5pt"><B>PIMCO DYNAMIC INCOME FUND &#150; COMMON SHARES</B></FONT></TD></TR>
<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" BGCOLOR="#000000">&nbsp;</TD>
<TD VALIGN="top" BGCOLOR="#000000"> <P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#ffffff"><B><I><FONT COLOR="#ffffff">PROXY&nbsp;CARD</FONT></I></B></FONT></P>
<P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="justify"><B>YOUR SIGNATURE IS REQUIRED FOR YOUR VOTE TO BE COUNTED. </B></P>
<P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">Please sign exactly as your name(s) appear(s) on the proxy card. Joint owners should each sign personally. Trustees and other fiduciaries should
indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, the signature should be that of an authorized officer who should state his or her title.
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:36pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="80%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="16%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="justify">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">SIGNATURE (AND TITLE IF APPLICABLE)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">DATE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="27" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:9pt; font-family:ARIAL">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">SIGNATURE (IF HELD JOINTLY)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">DATE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
</TABLE> </DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.50pt solid #000000">&nbsp;</P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">TO VOTE, MARK ONE CIRCLE IN BLUE OR BLACK INK. Example:&nbsp;&nbsp;<FONT STYLE="font-family:ARIAL; font-size:16pt"><FONT
STYLE="font-family:Times New Roman">&#9679;</FONT></FONT><FONT STYLE="font-family:ARIAL; font-size:10pt"> </FONT></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt" ALIGN="center">


<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="73%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="12%"></TD></TR>
<TR BGCOLOR="#d9d9d9" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>FOR</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>WITHHOLD&nbsp;&nbsp;</B></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="7"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="7"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:11pt"><B>&nbsp;PROPOSAL</B></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">A.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Election of Trustees &#151; The Board of Trustees urges you to vote <U>FOR</U> the election of the Nominees.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">1.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Nominees:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(01) Bradford K. Gallagher</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(02) James A. Jacobson</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(03) Craig A. Dawson</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:ARIAL">2.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:ARIAL">To vote and otherwise represent the undersigned on any other business that may
properly come before the Annual Meeting or any adjournment(s) or postponement(s) thereof, in the discretion of the proxy holder(s).</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">B.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="white-space:nowrap">Non-Voting</FONT> Items</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
</TABLE> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="45%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="44%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:0.45em; font-size:11pt; font-family:ARIAL"><B>Change of Address &#150; Please print new address below.</B></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:0.91em; font-size:11pt; font-family:ARIAL"><B>Comments &#150; Please print your comments below.</B></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" ALIGN="center" STYLE="BORDER:1px solid #000000; padding-left:8pt"><FONT STYLE="font-size:50pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-right:2pt">&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:30pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:1pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center"><B>You can vote on the internet, by telephone or by
mail. Please see the reverse side for instructions. </B></P> <P STYLE="margin-top:0pt;margin-bottom:0pt;page-break-before:always"></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>PLEASE VOTE ALL YOUR BALLOTS IF YOU RECEIVED MORE THAN ONE BALLOT DUE TO MULTIPLE INVESTMENTS IN THE FUND. REMEMBER TO SIGN AND DATE ABOVE BEFORE MAILING IN YOUR
VOTE. THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:18pt; font-family:ARIAL" ALIGN="center">THANK YOU FOR VOTING </P>
<P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR BGCOLOR="#f2f2f2" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">&nbsp;&nbsp;[PROXY ID NUMBER HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">[BAR CODE HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">[CUSIP
HERE]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <DIV STYLE="position:relative;float:left; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


<IMG SRC="g293100stp51a.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:60pt; margin-bottom:0pt; margin-right:30pt; font-size:11pt; font-family:ARIAL" ALIGN="justify">YOUR VOTE IS IMPORTANT NO MATTER HOW MANY SHARES YOU OWN.<B> </B>THE MATTERS WE ARE SUBMITTING FOR
YOUR CONSIDERATION ARE SIGNIFICANT TO THE FUND AND TO YOU AS A FUND SHAREHOLDER.<B> PLEASE TAKE THE TIME TO READ THE PROXY STATEMENT AND CAST YOUR PROXY VOTE TODAY!</B>
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
<DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:16pt">


<TR>
<TD WIDTH="52%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="46%"></TD></TR>


<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top" BGCOLOR="#000000"> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#ffffff"><B><I><FONT COLOR="#ffffff">PROXY&nbsp;CARD</FONT></I></B></FONT></P>
<P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom" BGCOLOR="#ffffff">&nbsp;</TD>
<TD VALIGN="top" BGCOLOR="#ffffff"></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>PIMCO INCOME STRATEGY FUND &#150; COMMON SHARES </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g293100pc.jpg" ALT="LOGO">
 </P></DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center">PROXY IN CONNECTION WITH THE ANNUAL
MEETING OF SHAREHOLDERS </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center">TO BE HELD ON JUNE 30, 2017 </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">The undersigned holder of common shares of PIMCO Income Strategy Fund, a Massachusetts business trust (the &#147;Fund&#148;), hereby appoints Peter G.
Strelow, William Galipeau and Joshua D. Ratner, or any of them, each with full power of substitution, as the proxy or proxies for the undersigned to: (i) attend the Annual Meeting of Shareholders of the Fund (the &#147;Annual Meeting&#148;) to be
held at the offices of Pacific Investment Management Company LLC, at 1633 Broadway, between West 50<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>&nbsp;and West 51<SUP STYLE="font-size:85%; vertical-align:top">st</SUP>&nbsp;Streets, 42<SUP
STYLE="font-size:85%; vertical-align:top">nd</SUP>&nbsp;Floor, New York, New York 10019, on June 30, 2017 beginning at 9:30 A.M. Eastern Time, and any adjournment(s) or postponement(s) thereof; and (ii) cast on behalf of the undersigned all votes
that the undersigned is entitled to cast at the Annual Meeting and otherwise to represent the undersigned with all powers possessed by the undersigned as if personally present at such Annual Meeting. The undersigned acknowledges receipt of the
Notice of the Annual Meeting and the accompanying Proxy Statement dated May 12, 2017. The undersigned hereby revokes any prior proxy given with respect to the Annual Meeting, and ratifies and confirms all that the proxies, or any one of them, may
lawfully do. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES OF THE FUND, WHICH UNANIMOUSLY RECOMMENDS THAT YOU VOTE &#147;FOR&#148;
THE PROPOSAL. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>IF THIS PROXY IS PROPERLY EXECUTED, THE VOTES ENTITLED TO BE CAST BY THE UNDERSIGNED WILL BE CAST IN THE MANNER DIRECTED ON THE REVERSE SIDE
HEREOF, AND WILL BE VOTED IN THE DISCRETION OF THE PROXY HOLDER(S) ON ANY OTHER MATTERS THAT MAY PROPERLY COME BEFORE THE ANNUAL MEETING OR ANY ADJOURNMENT(S) OR POSTPONEMENT(S) THEREOF. IF THIS PROXY IS PROPERLY EXECUTED BUT NO DIRECTION IS MADE AS
REGARDS TO A PROPOSAL INCLUDED IN THE PROXY STATEMENT, SUCH VOTES ENTITLED TO BE CAST BY THE UNDERSIGNED WILL BE CAST &#147;FOR&#148; SUCH PROPOSAL. </B></P> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.50pt solid #000000">&nbsp;</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Please refer to the Proxy Statement for a
discussion of the Proposal. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>PLEASE VOTE, DATE AND SIGN ON THE REVERSE SIDE HEREOF AND RETURN THE SIGNED PROXY PROMPTLY IN THE ENCLOSED ENVELOPE. IMPORTANT
NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON JUNE 30, 2017. </B>The Proxy Statement and the Annual Report to Shareholders for the fiscal year ended July&nbsp;31, 2016 for PIMCO Income
Strategy Fund are also available at<B> </B><U>pimco</U><U>.com/closedendfunds.</U><B> </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR BGCOLOR="#f2f2f2" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">&nbsp;&nbsp;[PROXY ID NUMBER HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">[BAR CODE HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">[CUSIP
HERE]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:16pt" ALIGN="center">


<TR>
<TD WIDTH="66%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="27%"></TD></TR>


<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top" COLSPAN="5"><FONT STYLE="font-size:11.5pt"><B>PIMCO INCOME STRATEGY FUND &#150; COMMON SHARES</B></FONT></TD></TR>
<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" BGCOLOR="#000000">&nbsp;</TD>
<TD VALIGN="top" BGCOLOR="#000000"> <P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#ffffff"><B><I><FONT COLOR="#ffffff">PROXY&nbsp;CARD</FONT></I></B></FONT></P>
<P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="justify"><B>YOUR SIGNATURE IS REQUIRED FOR YOUR VOTE TO BE COUNTED. </B></P>
<P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">Please sign exactly as your name(s) appear(s) on the proxy card. Joint owners should each sign personally. Trustees and other fiduciaries should
indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, the signature should be that of an authorized officer who should state his or her title.
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:36pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="80%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="16%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="justify">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">SIGNATURE (AND TITLE IF APPLICABLE)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">DATE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="27" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:9pt; font-family:ARIAL">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">SIGNATURE (IF HELD JOINTLY)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">DATE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
</TABLE> </DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.50pt solid #000000">&nbsp;</P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">TO VOTE, MARK ONE CIRCLE IN BLUE OR BLACK INK. Example:&nbsp;&nbsp;<FONT STYLE="font-family:ARIAL; font-size:16pt"><FONT
STYLE="font-family:Times New Roman">&#9679;</FONT></FONT><FONT STYLE="font-family:ARIAL; font-size:10pt"> </FONT></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt" ALIGN="center">


<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="73%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="12%"></TD></TR>
<TR BGCOLOR="#d9d9d9" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>FOR</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>WITHHOLD&nbsp;&nbsp;</B></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="7"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="7"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:11pt"><B>&nbsp;PROPOSAL</B></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">A.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Election of Trustees &#151; The Board of Trustees urges you to vote <U>FOR</U> the election of the Nominees.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">1.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Nominees:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(01) William B. Ogden, IV</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:ARIAL">2.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:ARIAL">To vote and otherwise represent the undersigned on any other business that may
properly come before the Annual Meeting or any adjournment(s) or postponement(s) thereof, in the discretion of the proxy holder(s).</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">B.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="white-space:nowrap">Non-Voting</FONT> Items</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
</TABLE> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="45%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="44%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:0.45em; font-size:11pt; font-family:ARIAL"><B>Change of Address &#150; Please print new address below.</B></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:0.91em; font-size:11pt; font-family:ARIAL"><B>Comments &#150; Please print your comments below.</B></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" ALIGN="center" STYLE="BORDER:1px solid #000000; padding-left:8pt"><FONT STYLE="font-size:50pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-right:2pt">&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:1pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center"><B>You can vote on the internet, by telephone or by
mail. Please see the reverse side for instructions. </B></P> <P STYLE="margin-top:0pt;margin-bottom:0pt;page-break-before:always"></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>PLEASE VOTE ALL YOUR BALLOTS IF YOU RECEIVED MORE THAN ONE BALLOT DUE TO MULTIPLE INVESTMENTS IN THE FUND. REMEMBER TO SIGN AND DATE ABOVE BEFORE MAILING IN YOUR
VOTE. THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:18pt; font-family:ARIAL" ALIGN="center">THANK YOU FOR VOTING </P>
<P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR BGCOLOR="#f2f2f2" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">&nbsp;&nbsp;[PROXY ID NUMBER HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">[BAR CODE HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">[CUSIP
HERE]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <DIV STYLE="position:relative;float:left; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


<IMG SRC="g293100stp51a.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:60pt; margin-bottom:0pt; margin-right:30pt; font-size:11pt; font-family:ARIAL" ALIGN="justify">YOUR VOTE IS IMPORTANT NO MATTER HOW MANY SHARES YOU OWN.<B> </B>THE MATTERS WE ARE SUBMITTING FOR
YOUR CONSIDERATION ARE SIGNIFICANT TO THE FUND AND TO YOU AS A FUND SHAREHOLDER.<B> PLEASE TAKE THE TIME TO READ THE PROXY STATEMENT AND CAST YOUR PROXY VOTE TODAY!</B>
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
<DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:16pt">


<TR>
<TD WIDTH="52%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="46%"></TD></TR>


<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top" BGCOLOR="#000000"> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#ffffff"><B><I><FONT COLOR="#ffffff">PROXY&nbsp;CARD</FONT></I></B></FONT></P>
<P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom" BGCOLOR="#ffffff">&nbsp;</TD>
<TD VALIGN="top" BGCOLOR="#ffffff"></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>PIMCO INCOME STRATEGY FUND &#150; PREFERRED SHARES </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g293100pc.jpg" ALT="LOGO">
 </P></DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center">PROXY IN CONNECTION WITH THE ANNUAL
MEETING OF SHAREHOLDERS </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center">TO BE HELD ON JUNE 30, 2017 </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">The undersigned holder of preferred shares of PIMCO Income Strategy Fund, a Massachusetts business trust (the &#147;Fund&#148;), hereby appoints Peter G.
Strelow, William Galipeau and Joshua D. Ratner, or any of them, each with full power of substitution, as the proxy or proxies for the undersigned to: (i) attend the Annual Meeting of Shareholders of the Fund (the &#147;Annual Meeting&#148;) to be
held at the offices of Pacific Investment Management Company LLC , at 1633 Broadway, between West 50<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>&nbsp;and West 51<SUP STYLE="font-size:85%; vertical-align:top">st</SUP>&nbsp;Streets, 42<SUP
STYLE="font-size:85%; vertical-align:top">nd</SUP>&nbsp;Floor, New York, New York 10019, on June 30, 2017 beginning at 9:30 A.M. Eastern Time, and any adjournment(s) or postponement(s) thereof; and (ii) cast on behalf of the undersigned all votes
that the undersigned is entitled to cast at the Annual Meeting and otherwise to represent the undersigned with all powers possessed by the undersigned as if personally present at such Annual Meeting. The undersigned acknowledges receipt of the
Notice of the Annual Meeting and the accompanying Proxy Statement dated May 12, 2017. The undersigned hereby revokes any prior proxy given with respect to the Annual Meeting, and ratifies and confirms all that the proxies, or any one of them, may
lawfully do. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES OF THE FUND, WHICH UNANIMOUSLY RECOMMENDS THAT YOU VOTE &#147;FOR&#148;
THE PROPOSAL. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>IF THIS PROXY IS PROPERLY EXECUTED, THE VOTES ENTITLED TO BE CAST BY THE UNDERSIGNED WILL BE CAST IN THE MANNER DIRECTED ON THE REVERSE SIDE
HEREOF, AND WILL BE VOTED IN THE DISCRETION OF THE PROXY HOLDER(S) ON ANY OTHER MATTERS THAT MAY PROPERLY COME BEFORE THE ANNUAL MEETING OR ANY ADJOURNMENT(S) OR POSTPONEMENT(S) THEREOF. IF THIS PROXY IS PROPERLY EXECUTED BUT NO DIRECTION IS MADE AS
REGARDS TO A PROPOSAL INCLUDED IN THE PROXY STATEMENT, SUCH VOTES ENTITLED TO BE CAST BY THE UNDERSIGNED WILL BE CAST &#147;FOR&#148; SUCH PROPOSAL. </B></P> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.50pt solid #000000">&nbsp;</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Please refer to the Proxy Statement for a
discussion of the Proposal. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>PLEASE VOTE, DATE AND SIGN ON THE REVERSE SIDE HEREOF AND RETURN THE SIGNED PROXY PROMPTLY IN THE ENCLOSED ENVELOPE. IMPORTANT
NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON JUNE 30, 2017. </B>The Proxy Statement and the Annual Report to Shareholders for the fiscal year ended July&nbsp;31, 2016 for PIMCO Income
Strategy Fund are also available at<B> </B><U>pimco</U><U>.com/closedendfunds.</U><B> </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR BGCOLOR="#f2f2f2" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">&nbsp;&nbsp;[PROXY ID NUMBER HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">[BAR CODE HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">[CUSIP
HERE]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:16pt" ALIGN="center">


<TR>
<TD WIDTH="66%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="27%"></TD></TR>


<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top" COLSPAN="5"><FONT STYLE="font-size:11.5pt"><B>PIMCO INCOME STRATEGY FUND &#150; PREFERRED SHARES</B></FONT></TD></TR>
<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" BGCOLOR="#000000">&nbsp;</TD>
<TD VALIGN="top" BGCOLOR="#000000"> <P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#ffffff"><B><I><FONT COLOR="#ffffff">PROXY&nbsp;CARD</FONT></I></B></FONT></P>
<P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="justify"><B>YOUR SIGNATURE IS REQUIRED FOR YOUR VOTE TO BE COUNTED. </B></P>
<P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">Please sign exactly as your name(s) appear(s) on the proxy card. Joint owners should each sign personally. Trustees and other fiduciaries should
indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, the signature should be that of an authorized officer who should state his or her title.
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:36pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="80%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="16%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="justify">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">SIGNATURE (AND TITLE IF APPLICABLE)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">DATE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="27" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:9pt; font-family:ARIAL">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">SIGNATURE (IF HELD JOINTLY)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">DATE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
</TABLE> </DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.50pt solid #000000">&nbsp;</P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">TO VOTE, MARK ONE CIRCLE IN BLUE OR BLACK INK. Example:&nbsp;&nbsp;<FONT STYLE="font-family:ARIAL; font-size:16pt"><FONT
STYLE="font-family:Times New Roman">&#9679;</FONT></FONT><FONT STYLE="font-family:ARIAL; font-size:10pt"> </FONT></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt" ALIGN="center">


<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="73%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="12%"></TD></TR>
<TR BGCOLOR="#d9d9d9" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>FOR</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>WITHHOLD&nbsp;&nbsp;</B></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="7"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="7"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:11pt"><B>&nbsp;PROPOSAL</B></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">A.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Election of Trustees &#151; The Board of Trustees urges you to vote <U>FOR</U> the election of the Nominees.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">1.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Nominees:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(01) William B. Ogden, IV</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(02) Hans Kertess</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:ARIAL">2.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:ARIAL">To vote and otherwise represent the undersigned on any other business that may
properly come before the Annual Meeting or any adjournment(s) or postponement(s) thereof, in the discretion of the proxy holder(s).</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">B.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="white-space:nowrap">Non-Voting</FONT> Items</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
</TABLE> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="45%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="44%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:0.45em; font-size:11pt; font-family:ARIAL"><B>Change of Address &#150; Please print new address below.</B></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:0.91em; font-size:11pt; font-family:ARIAL"><B>Comments &#150; Please print your comments below.</B></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" ALIGN="center" STYLE="BORDER:1px solid #000000; padding-left:8pt"><FONT STYLE="font-size:50pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-right:2pt">&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:30pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:1pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center"><B>You can vote on the internet, by telephone or by
mail. Please see the reverse side for instructions. </B></P> <P STYLE="margin-top:0pt;margin-bottom:0pt;page-break-before:always"></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>PLEASE VOTE ALL YOUR BALLOTS IF YOU RECEIVED MORE THAN ONE BALLOT DUE TO MULTIPLE INVESTMENTS IN THE FUND. REMEMBER TO SIGN AND DATE ABOVE BEFORE MAILING IN YOUR
VOTE. THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:18pt; font-family:ARIAL" ALIGN="center">THANK YOU FOR VOTING </P>
<P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR BGCOLOR="#f2f2f2" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">&nbsp;&nbsp;[PROXY ID NUMBER HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">[BAR CODE HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">[CUSIP
HERE]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <DIV STYLE="position:relative;float:left; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


<IMG SRC="g293100stp51a.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:60pt; margin-bottom:0pt; margin-right:30pt; font-size:11pt; font-family:ARIAL" ALIGN="justify">YOUR VOTE IS IMPORTANT NO MATTER HOW MANY SHARES YOU OWN.<B> </B>THE MATTERS WE ARE SUBMITTING FOR
YOUR CONSIDERATION ARE SIGNIFICANT TO THE FUND AND TO YOU AS A FUND SHAREHOLDER.<B> PLEASE TAKE THE TIME TO READ THE PROXY STATEMENT AND CAST YOUR PROXY VOTE TODAY!</B>
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
<DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:16pt">


<TR>
<TD WIDTH="52%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="46%"></TD></TR>


<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top" BGCOLOR="#000000"> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#ffffff"><B><I><FONT COLOR="#ffffff">PROXY&nbsp;CARD</FONT></I></B></FONT></P>
<P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom" BGCOLOR="#ffffff">&nbsp;</TD>
<TD VALIGN="top" BGCOLOR="#ffffff"></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>PIMCO INCOME STRATEGY FUND II &#150; COMMON SHARES </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g293100pc.jpg" ALT="LOGO">
 </P></DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center">PROXY IN CONNECTION WITH THE ANNUAL
MEETING OF SHAREHOLDERS </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center">TO BE HELD ON JUNE 30, 2017 </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">The undersigned holder of common shares of PIMCO Income Strategy Fund II, a Massachusetts business trust (the &#147;Fund&#148;), hereby appoints Peter G.
Strelow, William Galipeau and Joshua D. Ratner, or any of them, each with full power of substitution, as the proxy or proxies for the undersigned to: (i) attend the Annual Meeting of Shareholders of the Fund (the &#147;Annual Meeting&#148;) to be
held at the offices of Pacific Investment Management Company LLC, at 1633 Broadway, between West 50<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>&nbsp;and West 51<SUP STYLE="font-size:85%; vertical-align:top">st</SUP>&nbsp;Streets, 42<SUP
STYLE="font-size:85%; vertical-align:top">nd</SUP>&nbsp;Floor, New York, New York 10019, on June 30, 2017 beginning at 9:30 A.M. Eastern Time, and any adjournment(s) or postponement(s) thereof; and (ii) cast on behalf of the undersigned all votes
that the undersigned is entitled to cast at the Annual Meeting and otherwise to represent the undersigned with all powers possessed by the undersigned as if personally present at such Annual Meeting. The undersigned acknowledges receipt of the
Notice of the Annual Meeting and the accompanying Proxy Statement dated May 12, 2017. The undersigned hereby revokes any prior proxy given with respect to the Annual Meeting, and ratifies and confirms all that the proxies, or any one of them, may
lawfully do. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES OF THE FUND, WHICH UNANIMOUSLY RECOMMENDS THAT YOU VOTE &#147;FOR&#148;
THE PROPOSAL. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>IF THIS PROXY IS PROPERLY EXECUTED, THE VOTES ENTITLED TO BE CAST BY THE UNDERSIGNED WILL BE CAST IN THE MANNER DIRECTED ON THE REVERSE SIDE
HEREOF, AND WILL BE VOTED IN THE DISCRETION OF THE PROXY HOLDER(S) ON ANY OTHER MATTERS THAT MAY PROPERLY COME BEFORE THE ANNUAL MEETING OR ANY ADJOURNMENT(S) OR POSTPONEMENT(S) THEREOF. IF THIS PROXY IS PROPERLY EXECUTED BUT NO DIRECTION IS MADE AS
REGARDS TO A PROPOSAL INCLUDED IN THE PROXY STATEMENT, SUCH VOTES ENTITLED TO BE CAST BY THE UNDERSIGNED WILL BE CAST &#147;FOR&#148; SUCH PROPOSAL. </B></P> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.50pt solid #000000">&nbsp;</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Please refer to the Proxy Statement for a
discussion of the Proposal. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>PLEASE VOTE, DATE AND SIGN ON THE REVERSE SIDE HEREOF AND RETURN THE SIGNED PROXY PROMPTLY IN THE ENCLOSED ENVELOPE. IMPORTANT
NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON JUNE 30, 2017. </B>The Proxy Statement and the Annual Report to Shareholders for the fiscal year ended July 31, 2016 for PIMCO Income Strategy
Fund II are also available at<B> </B><U>pimco</U><U>.com/closedendfunds.</U><B> </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR BGCOLOR="#f2f2f2" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">&nbsp;&nbsp;[PROXY ID NUMBER HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">[BAR CODE HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">[CUSIP
HERE]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:16pt" ALIGN="center">


<TR>
<TD WIDTH="66%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="27%"></TD></TR>


<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top" COLSPAN="5"><FONT STYLE="font-size:11.5pt"><B>PIMCO INCOME STRATEGY FUND II &#150; COMMON SHARES</B></FONT></TD></TR>
<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" BGCOLOR="#000000">&nbsp;</TD>
<TD VALIGN="top" BGCOLOR="#000000"> <P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#ffffff"><B><I><FONT COLOR="#ffffff">PROXY&nbsp;CARD</FONT></I></B></FONT></P>
<P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="justify"><B>YOUR SIGNATURE IS REQUIRED FOR YOUR VOTE TO BE COUNTED. </B></P>
<P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">Please sign exactly as your name(s) appear(s) on the proxy card. Joint owners should each sign personally. Trustees and other fiduciaries should
indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, the signature should be that of an authorized officer who should state his or her title.
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:36pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="80%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="16%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="justify">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">SIGNATURE (AND TITLE IF APPLICABLE)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">DATE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="27" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:9pt; font-family:ARIAL">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">SIGNATURE (IF HELD JOINTLY)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">DATE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
</TABLE> </DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.50pt solid #000000">&nbsp;</P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">TO VOTE, MARK ONE CIRCLE IN BLUE OR BLACK INK. Example:&nbsp;&nbsp;<FONT STYLE="font-family:ARIAL; font-size:16pt"><FONT
STYLE="font-family:Times New Roman">&#9679;</FONT></FONT><FONT STYLE="font-family:ARIAL; font-size:10pt"> </FONT></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt" ALIGN="center">


<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="73%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="12%"></TD></TR>
<TR BGCOLOR="#d9d9d9" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>FOR</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>WITHHOLD&nbsp;&nbsp;</B></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="7"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="7"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:11pt"><B>&nbsp;PROPOSAL</B></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">A.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Election of Trustees &#151; The Board of Trustees urges you to vote <U>FOR</U> the election of the Nominees.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">1.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Nominees:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(01) Hans W. Kertess</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(02) James A. Jacobson</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(03) John C. Maney</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:ARIAL">2.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:ARIAL">To vote and otherwise represent the undersigned on any other business that may
properly come before the Annual Meeting or any adjournment(s) or postponement(s) thereof, in the discretion of the proxy holder(s).</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">B.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="white-space:nowrap">Non-Voting</FONT> Items</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
</TABLE> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="45%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="44%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:0.45em; font-size:11pt; font-family:ARIAL"><B>Change of Address &#150; Please print new address below.</B></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:0.91em; font-size:11pt; font-family:ARIAL"><B>Comments &#150; Please print your comments below.</B></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" ALIGN="center" STYLE="BORDER:1px solid #000000; padding-left:8pt"><FONT STYLE="font-size:50pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-right:2pt">&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:30pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:1pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center"><B>You can vote on the internet, by telephone or by
mail. Please see the reverse side for instructions. </B></P> <P STYLE="margin-top:0pt;margin-bottom:0pt;page-break-before:always"></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>PLEASE VOTE ALL YOUR BALLOTS IF YOU RECEIVED MORE THAN ONE BALLOT DUE TO MULTIPLE INVESTMENTS IN THE FUND. REMEMBER TO SIGN AND DATE ABOVE BEFORE MAILING IN YOUR
VOTE. THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:18pt; font-family:ARIAL" ALIGN="center">THANK YOU FOR VOTING </P>
<P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR BGCOLOR="#f2f2f2" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">&nbsp;&nbsp;[PROXY ID NUMBER HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">[BAR CODE HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">[CUSIP
HERE]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <DIV STYLE="position:relative;float:left; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:20pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;


<IMG SRC="g293100stp51a.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:60pt; margin-bottom:0pt; margin-right:30pt; font-size:11pt; font-family:ARIAL" ALIGN="justify">YOUR VOTE IS IMPORTANT NO MATTER HOW MANY SHARES YOU OWN.<B> </B>THE MATTERS WE ARE SUBMITTING FOR
YOUR CONSIDERATION ARE SIGNIFICANT TO THE FUND AND TO YOU AS A FUND SHAREHOLDER.<B> PLEASE TAKE THE TIME TO READ THE PROXY STATEMENT AND CAST YOUR PROXY VOTE TODAY!</B>
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
<DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:16pt">


<TR>
<TD WIDTH="52%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="46%"></TD></TR>


<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top" BGCOLOR="#000000"> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#ffffff"><B><I><FONT COLOR="#ffffff">PROXY&nbsp;CARD</FONT></I></B></FONT></P>
<P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom" BGCOLOR="#ffffff">&nbsp;</TD>
<TD VALIGN="top" BGCOLOR="#ffffff"></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>PIMCO INCOME STRATEGY FUND II &#150; PREFERRED SHARES </B></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g293100pc.jpg" ALT="LOGO">
 </P></DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center">PROXY IN CONNECTION WITH THE ANNUAL
MEETING OF SHAREHOLDERS </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL" ALIGN="center">TO BE HELD ON JUNE 30, 2017 </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">The undersigned holder of preferred shares of PIMCO Income Strategy Fund II, a Massachusetts business trust (the &#147;Fund&#148;), hereby appoints Peter
G. Strelow, William Galipeau and Joshua D. Ratner, or any of them, each with full power of substitution, as the proxy or proxies for the undersigned to: (i) attend the Annual Meeting of Shareholders of the Fund (the &#147;Annual Meeting&#148;) to be
held at the offices of Pacific Investment Management Company LLC, at 1633 Broadway, between West 50<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>&nbsp;and West 51<SUP STYLE="font-size:85%; vertical-align:top">st</SUP>&nbsp;Streets, 42<SUP
STYLE="font-size:85%; vertical-align:top">nd</SUP>&nbsp;Floor, New York, New York 10019, on June 30, 2017 beginning at 9:30 A.M. Eastern Time, and any adjournment(s) or postponement(s) thereof; and (ii) cast on behalf of the undersigned all votes
that the undersigned is entitled to cast at the Annual Meeting and otherwise to represent the undersigned with all powers possessed by the undersigned as if personally present at such Annual Meeting. The undersigned acknowledges receipt of the
Notice of the Annual Meeting and the accompanying Proxy Statement dated May 12, 2017. The undersigned hereby revokes any prior proxy given with respect to the Annual Meeting, and ratifies and confirms all that the proxies, or any one of them, may
lawfully do. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify"><B>THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES OF THE FUND, WHICH UNANIMOUSLY RECOMMENDS THAT YOU VOTE &#147;FOR&#148;
THE PROPOSAL. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>IF THIS PROXY IS PROPERLY EXECUTED, THE VOTES ENTITLED TO BE CAST BY THE UNDERSIGNED WILL BE CAST IN THE MANNER DIRECTED ON THE REVERSE SIDE
HEREOF, AND WILL BE VOTED IN THE DISCRETION OF THE PROXY HOLDER(S) ON ANY OTHER MATTERS THAT MAY PROPERLY COME BEFORE THE ANNUAL MEETING OR ANY ADJOURNMENT(S) OR POSTPONEMENT(S) THEREOF. IF THIS PROXY IS PROPERLY EXECUTED BUT NO DIRECTION IS MADE AS
REGARDS TO A PROPOSAL INCLUDED IN THE PROXY STATEMENT, SUCH VOTES ENTITLED TO BE CAST BY THE UNDERSIGNED WILL BE CAST &#147;FOR&#148; SUCH PROPOSAL. </B></P> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.50pt solid #000000">&nbsp;</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Please refer to the Proxy Statement for a
discussion of the Proposal. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>PLEASE VOTE, DATE AND SIGN ON THE REVERSE SIDE HEREOF AND RETURN THE SIGNED PROXY PROMPTLY IN THE ENCLOSED ENVELOPE. IMPORTANT
NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON JUNE 30, 2017. </B>The Proxy Statement and the Annual Report to Shareholders for the fiscal year ended July 31, 2016 for PIMCO Income Strategy
Fund II are also available at<B> </B><U>pimco</U><U>.com/closedendfunds.</U><B> </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR BGCOLOR="#f2f2f2" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">&nbsp;&nbsp;[PROXY ID NUMBER HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">[BAR CODE HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">[CUSIP
HERE]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:16pt" ALIGN="center">


<TR>
<TD WIDTH="66%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="27%"></TD></TR>


<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top" COLSPAN="5"><FONT STYLE="font-size:11.5pt"><B>PIMCO INCOME STRATEGY FUND II &#150; PREFERRED SHARES</B></FONT></TD></TR>
<TR BGCOLOR="#ffffff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:16pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" BGCOLOR="#000000">&nbsp;</TD>
<TD VALIGN="top" BGCOLOR="#000000"> <P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:16pt; font-family:ARIAL" ALIGN="center"><FONT COLOR="#ffffff"><B><I><FONT COLOR="#ffffff">PROXY&nbsp;CARD</FONT></I></B></FONT></P>
<P STYLE="font-size:3pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="position:relative;float:left; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="justify"><B>YOUR SIGNATURE IS REQUIRED FOR YOUR VOTE TO BE COUNTED. </B></P>
<P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">Please sign exactly as your name(s) appear(s) on the proxy card. Joint owners should each sign personally. Trustees and other fiduciaries should
indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, the signature should be that of an authorized officer who should state his or her title.
</P></DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:48%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:36pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="80%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="16%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="justify">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">SIGNATURE (AND TITLE IF APPLICABLE)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">DATE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="27" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:9pt; font-family:ARIAL">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top">SIGNATURE (IF HELD JOINTLY)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">DATE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
</TABLE> </DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.50pt solid #000000">&nbsp;</P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">TO VOTE, MARK ONE CIRCLE IN BLUE OR BLACK INK. Example:&nbsp;&nbsp;<FONT STYLE="font-family:ARIAL; font-size:16pt"><FONT
STYLE="font-family:Times New Roman">&#9679;</FONT></FONT><FONT STYLE="font-family:ARIAL; font-size:10pt"> </FONT></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt" ALIGN="center">


<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="73%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="12%"></TD></TR>
<TR BGCOLOR="#d9d9d9" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>FOR</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>WITHHOLD&nbsp;&nbsp;</B></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="7"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="7"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:11pt"><B>&nbsp;PROPOSAL</B></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">A.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Election of Trustees &#151; The Board of Trustees urges you to vote <U>FOR</U> the election of the Nominees.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">1.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Nominees:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(01) Hans W. Kertess</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(02) James A. Jacobson</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:13pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; font-size:11pt; font-family:ARIAL">(03) John C. Maney</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">O</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:ARIAL">2.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:ARIAL">To vote and otherwise represent the undersigned on any other business that may
properly come before the Annual Meeting or any adjournment(s) or postponement(s) thereof, in the discretion of the proxy holder(s).</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top">B.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="white-space:nowrap">Non-Voting</FONT> Items</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
</TABLE> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="45%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="44%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:0.45em; font-size:11pt; font-family:ARIAL"><B>Change of Address &#150; Please print new address below.</B></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:0.91em; font-size:11pt; font-family:ARIAL"><B>Comments &#150; Please print your comments below.</B></P>
<P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" ALIGN="center" STYLE="BORDER:1px solid #000000; padding-left:8pt"><FONT STYLE="font-size:50pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-right:2pt">&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:1pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center"><B>You can vote on the internet, by telephone or by
mail. Please see the reverse side for instructions. </B></P> <P STYLE="margin-top:0pt;margin-bottom:0pt;page-break-before:always"></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>PLEASE VOTE ALL YOUR BALLOTS IF YOU RECEIVED MORE THAN ONE BALLOT DUE TO MULTIPLE INVESTMENTS IN THE FUND. REMEMBER TO SIGN AND DATE ABOVE BEFORE MAILING IN YOUR
VOTE. THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:18pt; font-family:ARIAL" ALIGN="center">THANK YOU FOR VOTING </P>
<P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt">

<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR BGCOLOR="#f2f2f2" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">&nbsp;&nbsp;[PROXY ID NUMBER HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">[BAR CODE HERE]</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">[CUSIP
HERE]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR></TABLE>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g293100g35x09.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g293100g35x09.jpg
M_]C_X  02D9)1@ ! @$ 8 !@  #_[0K84&AO=&]S:&]P(#,N,  X0DE- ^T
M     !  8     $  0!@     0 !.$))300-       $    'CA"24T$&0
M    !    !XX0DE- _,       D           $ .$))300*       !   X
M0DE-)Q        H  0         ".$))30/U      !( "]F9@ ! &QF9@ &
M       ! "]F9@ ! *&9F@ &       ! #(    ! %H    &       ! #4
M   ! "T    &       !.$))30/X      !P  #_____________________
M________ ^@     _____________________________P/H     /______
M______________________\#Z     #_____________________________
M ^@  #A"24T$"       $     $   )    "0      X0DE-!!X       0
M    .$))300:      !M    !@              /    /     & &< ,P U
M '@ ,  Y     0                         !              #P
M/                                              X0DE-!!$
M  $! #A"24T$%       !     (X0DE-! P     "#P    !    <    !P
M  %0   DP   ""  &  !_]C_X  02D9)1@ ! @$ 2 !(  #_[@ .061O8F4
M9(     !_]L A  ," @("0@,"0D,$0L*"Q$5#PP,#Q48$Q,5$Q,8$0P,# P,
M#!$,# P,# P,# P,# P,# P,# P,# P,# P,# P, 0T+"PT.#1 .#A 4#@X.
M%!0.#@X.%!$,# P,#!$1# P,# P,$0P,# P,# P,# P,# P,# P,# P,# P,
M# P,# S_P  1"  < ' # 2(  A$! Q$!_]T !  '_\0!/P   04! 0$! 0$
M         P ! @0%!@<("0H+ 0 !!0$! 0$! 0         !  (#! 4&!P@)
M"@L0  $$ 0,"! (%!P8(!0,,,P$  A$#!"$2,05!46$3(G&!,@84D:&Q0B,D
M%5+!8C,T<H+10P<EDE/PX?%C<S46HK*#)D235&1%PJ-T-A?25>)E\K.$P]-U
MX_-&)Y2DA;25Q-3D]*6UQ=7E]59F=H:6IK;&UN;V-T=79W>'EZ>WQ]?G]Q$
M @(! @0$ P0%!@<'!@4U 0 "$0,A,1($05%A<2(3!3*!D12AL4(CP5+1\#,D
M8N%R@I)#4Q5C<S3Q)086HK*#!R8UPM)$DU2C%V1%539T9>+RLX3#TW7C\T:4
MI(6TE<34Y/2EM<75Y?569G:&EJ:VQM;F]B<W1U=G=X>7I[?'_]H # ,!  (1
M Q$ /P#U5"R<K&Q*'9&5:RBED;K+'!K07$,8-SOWWNV,15SMO4\:_P"LUN-Z
M=F5E]*8TT8=9:(=<R;<TF]]&.YWHV_9:OTGJT?K?_<M)3N8F9B9M#<G#NKR*
M'SMMJ<'M,':[WLEOM=[5CY->3E]<NPLKJ%^#66,?T^C'-=8M:!^M6>H]EM]]
M]-O\]4W]#30_%?Z?Z7U$'I#^OY@RLW&IQNGU9V2;6NO+LAQ:RNK#%C*<?[)6
MZN_[)ZU-_P!L?ZE%C+%;R>@V9U;!U;J%MS*GBT-J;7CM:]L[+*[F-=FX[V?Z
M2C-J?_UO>DIEC6=0Z=U"O!S+G9F'E@C$R[ T6LM:-[L/)]"NNI[+*6678V1L
M9_-6T7_I?0];1.9B![:S<S>^=K-PW&/I;6_2=]%<-UC-Z-B4'&R;:>I=5HNQ
M[,&V_) %U5%M>78;;\A[\3 R*Z<>ZO,?^AJO_1^G7^N5X+#6_P",+%HMH9BV
M89J]1K#B5BP.927>F^W*R\D=/Q^F/H_.QK,?(_P?\S3^LUI3UYZCCAN[;<X<
M^VFTG[FUJL[K@) IP,VZ?"DU]_\ NT['6<WZZX=%3LCJ;*\3& #FW,RL>\;3
M^=Z=-OK._P"L57JSB_7'H.?DOQ.F7NZAD5QO;C5O>T \.=D[6XK6_P!:])31
MS>M=9R>J.Z<RC)Z:P-#JFUMQG95XV[KGX]V9>>G,IQW.J9<RG[=E?Z3['^C]
M2-.-TNX[,ZKK?J Q-]F:YKC^]MZ=:_";_F5J_P!4;F=48,0]'WUAWJ-NR[V4
MACV_S=V/9@NS,RN]L^RQGV>S_A52_8/UL&,*G=7%U6_<<.7TN].!&*.M-]?J
M.UKO^U7I?:K?](DIMXOU;^K.5CLNQ&V/J<3MLKRL@'<T['ASFW[_ %*WM=78
MUWOKL1O^;C:G;L'J.?B.B(^T.R6_'T^J_;V_YB73;LC Q/LMG2;,6K'G::+&
M9+'3-C[6O<^O-NLLLW/M?=C>O=;9ZGO?O5C$Z]TG+O.+7?Z>4-?LV0Q^/<1^
M\W&RV47O9_PC*]B2FJW.ZWTUS6]4I&?B:#[?AL<+&GVM!RNF_IK-NX^Z_"MR
M/WWXN-3]#7JMJNJ9=2]ME5C0^NQA#FN:X;F/8YOM<US51R.O=.JRS@5/.7GM
M$NQ,8>I8W1KA]HV_HL/?O;LLS;<>MZ70<*["Z<VN\!EMEEV0ZD'<VKU[;,G[
M,QWYS<?U?1W-]C_Y"2G_T/2<KJV%BW#&<\VY9 <W%I:;+8<=C'NJKW>E2Y_L
M^T7^EC_Z2U<Q]8\%N<,G'JP&NSNHL-UE-X9D6X[:Z_L]G4L>FO?55FVTT4X>
M&W[?4R_)^S_]QLI7*_V]Z>=]@]'=]JM]?9L^W1O]O\]^I?:?L7H_8/MGZ+[+
M]E]3]&M3H7[+]&S[%N^T;A]M]>?M7J1[?M_J_I_4]/\ F=_Z+[/Z7V3]4]%)
M3Y_7T=V5Z8R.LW]*Q\<V78>*QF978QWN^R5Y.-9Z6+3]@FIGZE35ZK/5_3?I
M*[Z]"CH7U<#AE]0^LM]UI :^S+%+@'@S^K_MC'S+,>IL^QOJ?]>7H:22GA.J
M=*Z9B8.5UCI77G?;>G3E-<#B6P6,<W[,&LQA9759CWW4XV)78S%KNR?6^S^I
M_.:G4?J:[J-MEF9=B9SG -8_-P:[+&M'#?M&';T^[_I+4ZA_S;^W8O[3^Q?;
M][?L7VGTO6W[F^G]E];]+ZGJ;-GI?GK324\8WZC.Q7UV8F%TPV4EQJOH&3@W
M-+AMTR*+LZS_ #E"GZK_ %S;?3GY?6Q;G4,-3',IIL:UCCN>VEF335L>_P!G
MJW>KZU_^%L_1KMDDE/*5-^NS"6V7W6Z_3.+AAL>6WJ;7_P#05JC ^N-I/VCJ
MM6/5M:6&O'8ZXN/\XV[>YV.ST_\ !^EZF]="DDIROV+FND6]:SGM/+ ,6L?)
M]&%5?_X*HN^JO1[MISFV]1VG<&9M]N17/[WV2^Q^'_[+K7224XQZ!;@M)^K^
M0.G@%SAA/;ZN&2Z7.C&W5VXGN=_VAOQZM_Z2RBY62.LWTMJL;1BN? OMJL?8
M6MCW_9FNIH_2?Z-]G\U_.;+OYM:"22G_V3A"24T$(0      50    $!
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M P,# P,# P,# P,# P,# P,# P,# P/_P  1"  \ / # 1$  A$! Q$!_]T
M!  >_\0 <    @(# 0$!              D'" 4&"@0# 0$!
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MKG%B@E<PZ(LR]:2B*;"EBUKC[,WHE2HIN( G"8, AA( $O&?+C&.!+7 . <
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M_;^'H>S_ ,?R>'D_3@;IP#@' . < X!P#@' . < X!P#@' . < X!P#@' .
)< X!P#@' __9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g293100pc.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g293100pc.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
M!!$%$B$Q008346$'(G$4,H&1H0@C0K'!%5+1\"0S8G*""0H6%Q@9&B4F)R@I
M*C0U-C<X.3I#1$5&1TA)2E-455976%E:8V1E9F=H:6IS='5V=WAY>H.$A8:'
MB(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7
MV-G:X>+CY.7FY^CIZO'R\_3U]O?X^?H1  (! @0$ P0'!00$  $"=P ! @,1
M! 4A,08205$'87$3(C*!"!1"D:&QP0DC,U+P%6)RT0H6)#3A)?$7&!D:)B<H
M*2HU-C<X.3I#1$5&1TA)2E-455976%E:8V1E9F=H:6IS='5V=WAY>H*#A(6&
MAXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&Q\C)RM+3U-76
MU]C9VN+CY.7FY^CIZO+S]/7V]_CY^O_  !$( 1<!+ ,!$0 "$0$#$0'_V@ ,
M P$  A$#$0 _ /V*\8_\C'J/_;I_Z06M ',T % !0 4 % !0 4 % !0 4 %
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MC_H?OC__ .%3\.O_ )U5 !_PY4_98_Z'[X__ /A4_#K_ .=50 ?\.5/V6/\
MH?OC_P#^%3\.O_G54 '_  Y4_98_Z'[X_P#_ (5/PZ_^=50 ?\.5/V6/^A^^
M/_\ X5/PZ_\ G54 '_#E3]EC_H?OC_\ ^%3\.O\ YU5 !_PY4_98_P"A^^/_
M /X5/PZ_^=50 ?\ #E3]EC_H?OC_ /\ A4_#K_YU5 !_PY4_98_Z'[X__P#A
M4_#K_P"=50 ?\.5/V6/^A^^/_P#X5/PZ_P#G54 '_#E3]EC_ *'[X_\ _A4_
M#K_YU5 !_P .5/V6/^A^^/\ _P"%3\.O_G54 '_#E3]EC_H?OC__ .%3\.O_
M )U5 !_PY4_98_Z'[X__ /A4_#K_ .=50 ?\.5/V6/\ H?OC_P#^%3\.O_G5
M4 '_  Y4_98_Z'[X_P#_ (5/PZ_^=50 ?\.5/V6/^A^^/_\ X5/PZ_\ G54
M'_#E3]EC_H?OC_\ ^%3\.O\ YU5 !_PY4_98_P"A^^/_ /X5/PZ_^=50 ?\
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MRIM,\-6=WXAN[>8#/DWS:5#-!I<@7YO].FMAC'.64$ YE_B]>2_\>'P_\1;
M<!]7U/PSIV]0/OK'9ZOJ$B@DKM61(VX;<%PN\ C_ .%L:[_T($W_ (4VF?\
MR+0 ?\+8UW_H0)O_  IM,_\ D6@ _P"%L:[_ -"!-_X4VF?_ "+0 ?\ "V-=
M_P"A F_\*;3/_D6@ _X6QKO_ $($W_A3:9_\BT '_"V-=_Z$";_PIM,_^1:
M#_A;&N_]"!-_X4VF?_(M !_PMC7?^A F_P#"FTS_ .1: #_A;&N_]"!-_P"%
M-IG_ ,BT '_"V-=_Z$";_P *;3/_ )%H /\ A;&N_P#0@3?^%-IG_P BT '_
M  MC7?\ H0)O_"FTS_Y%H /^%L:[_P!"!-_X4VF?_(M !_PMC7?^A F_\*;3
M/_D6@ _X6QKO_0@3?^%-IG_R+0 ?\+8UW_H0)O\ PIM,_P#D6@ _X6QKO_0@
M3?\ A3:9_P#(M !_PMC7?^A F_\ "FTS_P"1: #_ (6QKO\ T($W_A3:9_\
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M*+M)*2O%IV:375)G56HU,-6JX>M'DK4)RISC=/EG"3C)7BW%VDFKIM/HVCZ
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MNW/.K2IXGZG*<5B.6<U%--2A3E&$Y0FKPJ1A*<%)PE)+G@WI.+?M=9F@4 %
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M8VUA;+MR!B&UB1,C)YQGD^M &I0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M$*7L(Q4:'+BX^S22ARX]WQ\>1>[RXUZXM6MB7_&YR72/AQ\//#_B#4?%F@^
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MC85J4:+CA(X+"4:5;#QIQI<^'I/$*6)A*NL-T/@WXE?M8WO@C5;CQO<>/=&
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MX>_^HM!0!])4 % !0 4 % !0 4 % !0 4 >7^-?@A\%_B3JMOKOQ%^$/PO\
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M:G>6VG:;IMI<W^H7][/%:V=A8V<+W%W>7=S,RQV]M#;QR222R,JHB,S$ $T
M?,]Y\=_'>EZ5H/Q"UKX8Z!X>^#_B#Q1X+T.RU?7_ (AW^D_$V#1_'OBG2/"/
MA_Q5J?PZNOA\NF:1;&\UW3=3N-+O/%T.HVFDM<2W4$.J6LFC@ ^H@00"I!!
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MZLWWG4DYR=O-MG)A,-3P6%PV$I:4L)2IT87WY*4%"-_E%%^L3H"@ H * "@
MH * ,/Q-_P BWX@_[ >K?^D%Q0!\/M_K6_Z]M(_],6ET >U?LV_\BT__ &+G
MP]_]1:"@#Z2H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * ,/Q-_P BWX@_[ >K?^D%Q0!\/M_K
M6_Z]M(_],6ET >U?LV_\BT__ &+GP]_]1:"@#Z2H * "@ H SM(UC2=?TRPU
MO0=4T[6M&U2VBO=,U?2+VVU'3-1LYU#P7=A?V<LD%W;2(0R2Q2.C Y!(H T:
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
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M^+'B3XB:9IEG\7?^%C^(;W]I#XO_  [\:?!M](^' @^'?P>\*W7BD:+X]?\
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M=:E*I0FZ,H4^>M!P]G3<YQ@^7T?]K#X+:IHW@[6)]5\5Z"GC+0-(\3066O\
MPY^(%C=>&M%UR]?3-(U3Q[/%X:FL? FCWVI0W%M8ZOK=Y9:9J1MI)=,O;RV
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MV459+PZT_9-\*6EAHNDO\0_BA=Z19>$/#OP_\3:7=7?@(6OQ$\$^#=1U&_\
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M+2UT06T6M-8Q1V[7RQ"<Q1K&9-B@#1SFWAVY-O"4ZE&@[O\ <TJLN>K2I?\
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M#GQ[%I<'CGP!X)\9PZ%)++HD/BSPKH7B*+1Y9X/LLTFEQZQ87"Z?));?N6:
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MY?RRC&C'!U%B*-9SBWB<%4RFC4C"53%1PBK6O"$GB,K^OU:F'G6E2YU@\3?
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M)SHJC'"T7["JG7A*<G.<HS@H^7_$[]IK6_!WBOXOZ7-\0?A+X"'PVM[9-!\
M>)O!]UXL^)OCFTNO#FAZP/B!I$-U\;? =DG@BWU#6+NPN'DA2RM5\-ZE=ZAK
MUA;PS&S\:$W+!0Q,*D*]:KB94)4::A'^S^3,HX*F\?4JUX0A'%TN2M1JU'A:
M5/Z[A.5XF2]E6^BJ4(QQ>"PO-["G5PTL2Z]9MPQ;6%QM>>&P-.E3G5EB,(\*
MY5*5..+Q&)]G4HTL-1E.E6/+='^/OQ ^)WA+1O%UWJSZ!?2>"/BC:7">#M2&
MEZ%J=UX6^.?PO\,Z7XEL[3P]X[\5Z;%/<Z'=76R2P\4>(8%AU:Y2UU.YMKDO
M)Z<,/"G/!RM)?6LQX!<Z4^=NC]<S;.\/F&&M5HX>:IXCZM&&(I3HPYX0A1K>
MU5*,Y>)CZTX1Q=*%:,OJV7<62A5I<D>=T^',LS#"5'['$8F#JX2IBI*C457G
MA4C*LJ>%JSG0I?IY7$>B8?B;_D6_$'_8#U;_ -(+B@#X?;_6M_U[:1_Z8M+H
M ]I_9M(_X1MUR-R^&_AX2N>0#X6B"DCL"5;!_P!D^E 'TG0 4 ?R<^#OAGX;
M^+?_  5(\<^!_%5[#::+=?M0?&?6;N&7RRVJGPMXU\7>)8=#C\\B+.HRZ6+5
M@VYO*EGV[7V$@'A_[;L]Q!\6M'\/^=</I^B_#OP1J4"S,<3:OX_T>/XE^+M5
M90[1O=7_ (L\8:O-).I)D581PD2)&;!L?'(XQ[?TH _7I? &A?%/_@GUK?C/
M7=4MM#UWX?>#OA[XML=1O=D?]OZQX0\9_&+X6V.G[Y)%,USJ?@FR\-:1');$
MEY/">F(3*(#N/T#]#]G/^":RA/V(O@. 0?\ B4^+2<;<!F^(?B]F V\8#$CC
MCCB@#[FH * ,76O$GAWPU#'<>(M>T70+>5+YXI]:U2QTJ&1-,TZ[UC4GCEOI
MXE=+32+"^O9R"1%;64\\FV*%V4BN:3IQ]Z<8\[BM9*'M:-!3LM5'V^(H4>;;
MVM:C3OSU(*51A.<J5.$7*=>K"A2C%-RJ5JBG*G1II:RJSC3FX4XWG)0FXIJ+
MM6\1^,/"7@[1CXB\7>*?#GA7P\LMG ==\1ZWIFAZ,)]1FCMM/A.J:G=06PEN
MKB:**%/-S*\J*@9F -*,OK%#"*+^M8FJJ%&C9^UJUG>U&G3^.=5\LK4XIS]U
MZ:,SC*,J%3$QDI8:C2=>=5-.G"BDFZTYKW8TDFFZC:@DUKJCH@00"I!! *D'
M((/((([8J6FG:UFN@XRC**E%J49)--.Z:>J::T::V:%H&5+^^L]+L;S4M0N(
MK.PTZUN+Z]NYVV0VMG:0O/<W$SG[L4<,;NQ[!36.(Q%'"4*V)Q$U2H8>$JE2
M;NU&$$Y2=DFW9+9)M[)-FE&C4KU:5"C!SK5IQA""WE.;48Q5[*[;2U/.-$^-
MWPB\07'@[3].^(_A!-:^(&@V'B?P9X7U36K/0/&/B+0-3M&OK'4].\&:[)9Z
MY);RVB22C=IZL%C?<HV-CMJX6O1Q6.P,J=\5E=_K=*#C4EAK6NZ_LW)4E&Z4
MG-I1;L[/0YU5I>PHXKVD?JN(J3I4:UU[&M4IS]FU0J_PZR<K*$J4IQJ*4)4W
M*$XR=V#XP?"6ZM?%M]:_%'X=7%E\/Y/)\=WD'C;PU+:^"909@8O%MQ'J9C\-
MR9MK@;=0:W/[B3CY&QS<\%AJ.,YXK!UZCHTJ]U[&I5CR<U*G5^"=2//"\(R<
MESPNO>5]_9U%B98+DDL9"G&M*A9^VC2DFXU72MSJG))N,W'E:3:=D/\ "GQ7
M^'/CG6KO0/!OB[2/$U_9^&]!\8&31)9-0TF\\,>)KK5K'1=;T?7[:)M+UVPG
MO-"U6 R:=>77DR6A6<1F2,2;^PK*G6JRI2A##5XX:HIIPG"K/#4<933ISM/D
MJX;$4JM*KR^RJIR5.<I4JL88^T@GATI*2Q4*\Z4HOFA-86O]6Q,5.-X*I0KV
MIUJ3DJM-R@YP49P;Z'Q5H^H:]H%_I.E^+=?\"7UR+8P>*O"]OX5NM<TH6UY;
MW4QLH/&WAKQ!HKBX@@EM)?MND7>V&[F:'R;A8IX<)2C3C*<Y*$()RE*32C&*
M5VVW9))*[;T2-$FVDE=O1);WZ)(^5)9O#]OH6D>*)O\ @H7XS@\,Z_J\OA_0
M?$4NL_L7QZ%K6O03RVLVB:1J[_L_"TU+5X[F":)[.WEDF5X70H&0@:1A.57"
MT(Q<JV-IQK8:FDW.O2E;EJT(+WJM.5URSIJ47=6>HYPG26-=2+IK+).&+<DX
MK"35KPQ-[>PDKJ\:O*U=::FZOAR=O%R_#Y/VZ/B@WCUM-_MA/!"M^Q^?%S:0
M 6.JKX:'[.W]HG30 3]I%MY6!]ZE3BZRQ#HIU5A&E7<%S*B^:,4JO+?V;YIP
MBE/E]Z45O)7B;5)89U&J:Q=U0<GRJLU&4VJ+=O:6A"<GR<UHPE+:+:EO?"U[
MIOBC2_ ^H?MQ_%6P\::Y;3WFB>$+U?V0;7Q1K%I:HTES=:7X?G_9U6^U"VAC
M1FDD@@D5 I+$ &E2_?2Q$*/[V6$@JE>,/>=&FVE&I54;NG!MI*4^6+;23"JU
M0C1G6:HPQ$W3HRF^15:B5W3IN5E.:2NXQO)+H>=:!X5\ ^"]-^(>L:'^WSXT
MTK1]/\9ZAJ_Q,U23Q'^Q]/IOA_QKK\L,5ZGB:^U#X#RP^&-0N9K>%%L)GLU#
M)MB@4D@YPG2HY?ET83C'+HRKT,%/F3I3G4Q-?&5Z5*JV_;3^LXJM4E'GG.'M
M%!*-.,(QMX>H\?C;TI_VA5IT,1B8<LO:JEA\'A\'0K3I;TZ4<'A*$%-0C"4:
M;JR<IRG.752QZ3;W'A*TG_X*!^.H+KQ_!'<^ [:74_V,X[CQK;2LBQ7'A*%_
MV? _B2!VDC"OIXN%)=0#\PST>QJ_6JF!]E/Z[0CS5,/ROV]./+*?-.E;VD8\
MD)2O**7+&4MHMK%U:4<,L8ZD8X.4W25?F2HNHI*#IJK?D<U.48."ES*4E&UV
MD>B_\*;^(H_YNQ^/XQ_U+G[+ QC_ +MIK-Z>21H<8NAEO#.J^-5_;N^)C>#=
M"N-0M-;\6K+^QZ?#.C76D736.JVVJZ\/V=_L.G7%E>JUO<1W$\;0RJ8Y KC%
M*Z4,)4O:GCU1>%E]G$K$24,.\/+:LJ\VH473<O:R:C#F;L5&$I5<1AXQ<J^$
M<XUZ:3=2C*E#VM2-6"]ZFZ=+]Y-347"'ORM'4]_\">']4\.:*]MJOQ'\6?%&
M2\O&U*T\1^,+7X?6M_#8W%I9QP:=9+\-O!'A;2YM+5H)+J.66PGN6?4)MUT\
M(@BM[E"5.4J<XN$X-QE&2:E&2=G%IV:::LT]4]#.$X5(0J4Y*=.:4HRBTXRB
MU>,HR5TTTTTUHUJCM.GMC\,8J=O*Q1GZ7J^E:W9KJ&BZGI^KZ>T]Y:K?:7>V
MU_9FYTZ\GT^_MEN;222,SVM_:W-M-&&W136\L3A7C90[-1I2LU"M3I5J;MI.
MC6IQJT:L'M*G5I3A4I3C>,Z<HS@W&2;F,X2=2,9*4J%2I1J)--TZM&<J=6E-
M+X:E*I&5.I"5I0G&49)231H4BC!\0>&="\4VUC9>(-/CU.TTW6M'\0VEK-+<
M) FL>'[^#5=&O)8H)D6Z^R:E;6UU'%.)(O-MHG*%HU*N$G1KT,33DX5L-[;V
M<DVN7V^&K82J[?"^;#XBM!.2?(Y<\.6I&$XDO>I5J#;5+$1C"I%-QYX1J4ZO
M(W%J7)*5.*JP3Y:U+GHU5.C4J4Y6](UO1O$%E_:6@:OIFMZ=]JO['[?I%_:Z
ME9?;=*OKC2]4L_M5E+)%]JL]2M+NTN(MV^&>UEAD"R1LJCC*,:4W%QA7I4JU
M*332J4:U.-6C5@]I4JM*<*E*I&\)TY1G!N+3:NN>K3NN>A.5*I'[5.K!VG3G
M'>$X/24))2B]&D:=(84 9D>MZ-+K%UX=BU?3)-?L=/L]7O-#CO[5]8L]*U"X
MO+2PU.ZTQ93<V^GW-UI]_##<O&L<DEC<(C,T+A7%.4*E2"<J=&:I3DM8PJ."
MJ1IR:TC-TVIJ#M)P:DERNXY1E35)SBX*O[1TFTTJBHNFJOLV[<_LG5I*IRWY
M'4IJ5N>-].D(P?%+I%X8\1R2,L<<>@ZN[N[!$1$T^X9F9F("JJ@DDX  H ^(
M6_UIZC_1=(X(((_XD6E]0>0?:@#TWX"7RZ9/X5LY6*Q>+/A?X72W+-B/^TO"
MEFMP($7M<W&FZ_=2^\>C-_<&0#ZOH * /XF/VEM;UGPW^UY^T'KF@ZGJ&C:S
MH_[1GQ=U'2M4TNZFL=0TZ^MOB1XBD@O+*[MV62VN8W0,LB$%2H(Z4 ;FH:/J
M?[1O@SP]KFA7\_B'XR_#SPZOA?Q5X1GEMCKOC/P5HDI_X1+Q5X01IC=>*=<T
M_3+S^QM1T6VADO5M]&TZ]@CNEDO19@'=I^R_\/YSIG]CWWQPU%H](AN_&%UX
MU^&>G_!GP)X.O8XT?55UWXE>)M>U>#3K*U(G5431;VYG:.&*".6>X,4)M\@V
M^1YI\?\ XW?\)=)8_#+X<:MJ6E_ 7P%;66C>"O"D%QJ=KI^KRZ=)J%_>>,]9
MLKZ0W-_J^IZ_K&MZE$VI?OK*+5OLD<<?E2;S8-C^G3_@FH2?V(/@,2>FC^*Q
MZ8"_$+Q<JCCT  _"@#[GH ^*_C/\*OB/?_%GQ!X\^'%EXU76=:^!NH^$-#\2
MZ-\2I]%T#P[XIT_5[V\CM=3\):GXOM[&2XU/1]0FATV^A\/:M!::E&MY=&RD
MC2[/-A(RPT\Z52G.6&QF*R#$5(1G^]Q6"PF+J1S;!86HYQGA<74PCI_5:JJX
M2%.$\7&CC,/4Q6(CB'C$Z\,F]C.$,3@X9Y2ISE%^RPV*Q>$PKRO&8JE%<N*P
M=+%TJWUVCRXFI6M@O:83$T\+0>%\UUGX.?&;Q)X)UBQM?#/Q MM)FU'XD-X-
M\%?%/XGZ+X_\>^&;#7?V?/&/@H)K/C2_\=^(EO(-7^(.KHUK:GQ1K7V*"_22
M22RM]]KIWJT91HU(2K5:-6I]6K052C1=)0I2X@X;QV&PE7W(.M7H87+\?6J8
MCD::4,-[?$U(4ZM?7 3IT,VX?Q#]I1PV S/)<3BW4DYISPE/.8XW&4HQG-JD
MZ>*R^C[&G"E*=6E6JPPL(SE)^S_$?X0?$CQS>?#5=?UJTU;P[X4^*7@SQ'IN
ME>!9?&?PMU_PMH&F:+KEKK,OBGQ/IWQ>E@\>3+=3Z9'$+#2=):,&XV6TR7$G
ME\=5VS;#8^-YUZ$L[?MXODP_)B,!BHX"'U.HJDO:/%>PI5JLJDX5:52I2JT:
M6$JXF%3SH49?ZO5<LY71=3"Y/2E2<KUO;8?,,LEBY0Q5)TO9PIX:&.KTHQ]Z
M%6&&JT*TL;A<+5?SGXI^#G[5MEX'^&\GA[Q'\5;C7IY_'-_\2;*V^(>J^,/$
MUEXHN-7M8_A]K&E0:K^TW\,]$3PWIOAVUO%DT:/Q)J&E33WL#ZEX:U29Y;BQ
MK _NJF44JLE"%'+<FC*M4A[94LP^KTO[;EC)3E5>(C4KVC3;P691@J5:6"^K
M<ZEB?3<Z=3^V:LX4^>KF^8.E2?-3A5R:.-QO]F4L,J$%+#3]A4H5:LH5L!BI
M4W"G5Q#]A'"KV'X7^"_VE-*_:"UK6_B!XA\1ZAX'GD\1/#=V]O!)X)U30Y[>
M)?"VCC3[C]H^\C\,Z]I\I62272?A%:O*\,T-UK]_'(MP]9>Z=/#9C'$1M6E[
M90C*3DG5>8^TH5\/5E"O5<*> _V?V+EE=&:G.I4PD\11I3J>?C(59U,HEAZD
ME&A3P2K/EBI6AE2I8ZGB*49TJ2=?-%+%1J*6:5J7[FG1Q-/#5*]&C]"?M :/
MK&O_  )^,FA>'O-_MW5_A?X[TW2%@>:.9M1O/#.IP6D<+VZM*LK3.BKY8+98
M8&:\;.W&&68FK4INM1H.E6K4TN9SH4*U.K7ARO27-1A./*])7Y7HV?1<.5*=
M'/LGJ56HTXXNA=NUHMS2C)WV49-2OTM=:H_,]/@C\5OB7XJ\!?$+X<>&7'@/
MQ-X>^ ?B'0=2M_$GA:#X736?A?X::AHEWXF\>:<_B.#QG#\4-"EU46VB1>']
M)N]%*:?8G4EDE$SVGT&<X.K#,.,,+4FJ=;$XSBRI2G)MPC_:^5T\#A*^6SI>
MT;KXQTX0S"6-4<,L%5JRP?+6C3J5OE\M<(9+PLE1DJN R_),%BL/.FXUE6RG
M/GF&)P.84ZSA3C@L+44J^'>$<<>L?&K3Q2GAN6B3:%\ ?VN8_@]X*\!:K:>+
MD\._"?Q+\"]5TOPJEY^S8_CJZO\ P4VO)X^O/AI=PZ6/!VI>%UNKGPUJFBI\
M22VK3W&E7DFH^7,T1FTQ^+A6S3 YS2E756GBLS=)1C0AB\-@\5D<\#A*>,A[
MN7J='&U*L)_V8G[' 5.;#MXB-.%+HAAW'!YOETITZSQV%_>SK2KO"5\73X@P
MN8NI1G&^8.>*R^A6C66,O1GBZM&%2/U9XF_T1\#8OBA=_M%Z/_PM"ZAO/'OA
M/]F4V7Q)O;>+0UE>Y\7?%K5-1^&^G:\_AJ.#1_\ A)+7POX>U:2\&CVZ6!NK
MR[>U_P!'DAS.&CAXX?B>M1IP5.O5X7PLJE+VOU>IFF RK,JV<2PJKMXA4(SS
M+".DJZ514*U!32FFEEBE7E5X<4^:*C7XHQ-"G5G2>)HY77K9+0P<<5"A>@ZF
M(GA97G2E**G@:D(RG[U27U/\<O#WQ \6?"SQ;X6^&5UHEEXM\0V4.CP7>OZW
MJ?ANS@TC4+RWMO$AMM=T?P]KEUI.KMX>?4X[*[32KT07<EO*\3+&0?+JTE5J
M8.%6C#$X*.)HSQE"<G%8C"TY>TJ89M0G>&)<(4*Z:C?#5*RC*,^5GJ86M]6E
M5K0J2HXJG1K?5*D84ZBHXQTY1PM>=.K[DXX>JXUW3E&4:KIJE*/).37Y>Z)^
MR_\ M!>%O!PTK_A2'AQ[1_#/[77PMT3P/X3^(?A34]/\*Z=\;O%&E:OX*\7S
M7?B9?#=I#X6L[:QN[*6.P@OM7^P+93-I45S<SZ=IO;BG]>RS^S9XJ5#%YIDW
M#V#JXZ=.RP&(RG,<77K\ZI5*E64JE'$T\2HX6%6FL5A:=*.(<(QQ#TP=:CE^
M:87'PBY83*,]69_5:;O+'47D]/!.%)U%1IN<*E#V3GB_J[G#&8I\BC!?6?8/
M@%\$?VL/A!XWUSPWI_B+[/X7U/7O%>LZYXN\6:5\,O%/PYUZWG\$Z)I/@._T
MK1?#EUH/Q.NO%NGZUI\5MJ%CJNLZ9H_]FZ<R6,XEFC*;QQ7UC#8J%=^S]E_:
M$Z$*T7*I];QG$5;,%4P_U>I"D\+5RNOB%B)XR3Q<,PJ4?94IX6CR'@4L'/!1
MRZ%*/M:GU;)*%6I3GRQA1R[(*67XJEB5B(SG[7^T:%.M@XX&*H3PLJDL35IX
MJI5E4](\:>#?BOXH^.WPJ;QI\'[_ ,3^"/A?J.G^-I?B)\.(/A7X;TGQW\5K
M[09_#2ZYKGA[QG\8V\4>&?!OAG1+N2,640\2WU_.L8#_ &;3H$O^3!RH0K9K
MC'A94JT,'CL#@</7G3J494L7AJ<L?7E.E!\V(S&5+ZAAJ-6A2HX>%25;%5I\
MZJ8?T\;"53 8#!>WC75;%8;%XN=.$Z=2@L!CJU;+L)2C5?+:E.:QV)Q%.L^=
MI4J%&$ZU:,?GG7?@G\;O'%QXI\>7?P$\>_#[Q]JWQ&^%6I6Z>%?$W[/]O>>!
M/AC\+&UG3_#&E_!RZB^*=SI&K^/XK?5)Y[ZY\96&D:9]DU>\M+2.5M/LXI\J
M<9TZ&#YJ]25>I7S7&YA52BZU7'YID]7+52@JC=/^RJ%.-+#XJ;J?7\1[26*H
MTZ=2O/ZE=:4<15S"A4ITWA:>"I8/+H2]I]6='#9U@LTJ5<5*E*&)CF&*JTY8
MS!4Z=*6!PU;"T,/BJDZ?M:F,YB#]E3]H2V;X56W_  KB*U32O#?PTT[5+71/
M%GA;_A%-8G\'_&C6?'LL?[0$>J>.!K,UW9:3>VVK6K_#IM6BDUZ_U6*ZDN=*
M%K#7KX/$4<-G&&K<T84*%?)YSC!5'E^'IX+A]99B*V51G&6-^O8>HYX;+UCJ
M,</+!T,%/$_[1*O7I<.+5:KEF84H>TJU\7#B>,:DO80QU:IG&.HXFA#'<B6#
MC@L5*$JN:?5*OUB*JU_J-*BU"C5_9_M^%>3--PFENTTONT.I:6\C\K;S]EOX
MN-\/?%WPPMO"6E+X$^(7AWXB^/\ Q9H7]I^'(I;CXP:?<^++7P;HSQIJ0M[N
M#Q1)JG@/7IK^246]G<?#QTO&$NJEHHP]/DRG*,-5YO;\.8'(Y9?%3^#&5,OR
M_#9G1M;DA3RK$X?-,;3J*;^L8[-XU\,W]4YI]N6U:=#/'CZ\G&GFF>9A#,9M
M?\R:&?8K,<)BOW25:M/'9?6IY1B,/4=5QRJG#"SHPC%TCUNV^'W[0,/CXRPQ
M_$JSDM;]Y8/%,?Q3TQ/A-_PK:/X<_P!EV?P]LOAE#XO)B\>KXT\JX.NOX6MW
M3RWN%\2O"B6$NN82JU\)GKP]3EQ5>GGZ:E=UL;B<5BL9/)*^7UG)_P!GPPF&
MG@HUFYX)NIAZT9X;$O$/%0\W*J:PL<LI8M1=*@N'XT8PBE'!0PD< LYACE'E
M6,^LNEF2IV6/BX8O!J'L/J[5/B=,^$W[3&@>&]!LK^Y^,WBG2KWP=\ M4^*&
M@67QV=/'>M>,+"W\<6WQ?T7P+XSUCXBV4GA"?[6W@"ZN$TKQ!X?TR]@L;N.R
MNS/<W+2^IF3RZ685X81<V6T\ZS*6$E#GIN."KY;1C@*^(<HQJUL'0S/VM:IA
M*G/4A%M0P=;#0A@ZEX&$J>3X7VE3V>=RP>(HUY5FZM*/L<RRV>'7*X5Z7UFO
ME2S3#4\33@ZGMIT:F*Q%*LH8J&!HGPA_:@\-ZG\%=/\ #WA[Q?H.C>'O%"W_
M (MU&V^+.JZE#-X>U;XW>)]:\3:=XIT>+X]:/X<N+YOA_K$-T-3_ .$"\>:A
MJ+WDT)N]&O--M'?'!RP\\7A:>.J<N%IY)@L#6]G!PI>VP_"D,"GAFO:U*%6C
MG$(1A##8; 4Z4*-/%0QU>-6KAX\DJ=6G@,RAA8<N(Q&;9UCL.Y\KK4UB,W6-
MP?MIJ2=:%;"J4)?6<5C%&K.=&KA(TYU,3+ZE_9T7Q[>ZM\0)/&&M:UJ.D_#W
M5I_@YX0GO/$&H:S:^*;'PEJ>HW]WX\U&2Z;-_P"*+JWU71M"O[JY\^=+SPCJ
M*B8^?+OPI357*L'CJL8+'9ORU:RC%0A2C@(?V:W1I1C"EAX8['T,RS)1H0A&
MIA,5E\9<RPU)QZL4I0S?%86G=87 <U:$N2I2DZF<*CFBPT^:K.-:CEF"J8#"
M82I:ZD\;43A]8E0H[7[1_P .]3\>:9\-+O2M&\8>(9/!/Q5\,>*-0T;P3X^O
M_A_K=QHD<.HZ;J=Q::A!XR\,VMU/:+?PW7E76IQ/Y-O<K;;II1#/RX:+HY[D
MV-TC2P_UVE4G/WZ5'ZQ@:]*C5JT)*2JT8XGV"Q$84JU2>&E7H>QKT*U>A5K%
M+VN39S@TG*I7IX2=.$6Z=2J\-F.#Q%6E3K)Q=*K/"T\1]7E*K2IPQBPV(]M0
MK4*&)H?)UK\"OVC?"7@CQ9:>!9?'FD:[XI\'_M0BXTNT^*L$6F:?XP\0?%^'
MQ%\&;_PW83^+O[,\*:O=>&=4\1W3ZCI*V3@W!CUB=9T@C3T<)]4^K9+@L74E
M['#4. :=>3<W4I+ *A0XDI0J).:H4L+35*5"D_J^(A33PM.M4G4E4JI"C+^W
M<2DXXO$9GG<L,DY153!8O+<P^JU)J+476_M'ZC*G6JOZW0E)OGIT8RY/4]1^
M%OQFTCXDZ99^&+OXO7&B:=K_ ,.+SPCXWOOC3J&K^!O#W@G3YK&X^*OAOXB^
M$O$OC^35_'WBO6V7Q$EC?7GA_P 1);+JVEK::EI*:;MBY\%./UC%/$15."GC
MX3<DI4Z^">6_5\JH8.,5.6'Q6'QJIU\3BJBPV)K<M:O7QN-E4^K3YZT&LNPD
M8QJ5<55P45.,*OLJF'SB>-Q%>OCJU1QY)X!8>>&I4\!1E7PZ]A4PU'!8.G56
M*CX?\4+W]I#P!\-I;GQ9<^//"NF>%M"O?!6L^-]0^)N@-8^*-0U[XY^#+ZR\
M3V=Y9_&3PW>:5IQ^'/\ ;5DNKZ[XH\ WUC";VV&J:1FVN;GDHU*4<+@(8N4:
M-?$T>',.Z=1OG6)RO),^CFLY5HXG"TE+'9C#+Z]XXR4\>Y8;VV&QV(C/*Y[R
MHUH9ABJU#_:<)2GQ7B4Z?M?9PHYMCL!+):2I+"XFJYY5AZF(IQC]2GA,$Z<^
M7$X; RGF%"I\*OA5\0O%UE%\5O OB3XNZ[*OP^^&=CX9\8ZM\5;VUO/$_BOP
M]\;?'^J>.-.U CXO>*K?QAX&LO"VMF'3(]2\3>+-$N]/N+=[+4-3ND6Y'M/_
M &&MA4Z2I4ZN:9)4J4JD$W4RG^S<+A<PQ.+H2PV&C]>J6K5:DGA*.+I5;2P$
M*=)T^:,1)8G*Y815W6Q6&I<5SBZ<XI8?&XFEE]?(L/AL11JU;4(5:%.C."Q$
MH\U&I#-XQK.O _6>O*+/-?BY?K:> ]9T]6877B98O"5FD;A)F?Q$_P#9UW+"
MQ9<-:Z7+?WK%3N5+&1E!*@$ ^7=858]9U1$ 54FM%51P%5=+T\* .P  % &I
MX6M[U_ 7@&^TEXX=;T70/"VKZ+++D0B_M=&ME^S7# %EL[RTEN;*<J-WD7LN
MW#8( /K7PGXFL/%NAVFM6 >'S=\%[83%?MFDZG;-Y6H:5?(O^KN[:X5XVQ\K
M@+)&6BD1F .CH _GD^/G_!(WX_\ Q)^,OQ3^(?@_QO\ !^TT/Q_X_P#&WC2V
MM?$GB7QK!JMLOBGQ;J^O06UQ!I?PUNH(?*L[VW5HUN;@)*L@6610KL >10?\
M$6OVJ[:6.:'X@_ *.6%UDBD3Q9\2(Y(I8R&CEC>/X6*R2(P!5@001F@#L/$O
M_!)K]N3QC;65EXN^.OPO\5V6F1"/3;7Q-\3_ (OZW!IRA>5L;?4?AS-%:H'+
MX$:KPQSR: .+7_@BK^U,I_Y'[X < X_XJGXB'!'3@_"KIF@#]^_V5_A!J?P#
M_9_^&GPBUJ^L-1U?P9H][::E>Z7=7-[IT][J&MZIK5RUC<WFFZ?/+:K+J3*G
MFV<#!4"D';N8V#8^@: /(M<^+7]E?$RS^%^F?#WQUXJU!M T7Q1KOB+0KCX>
MVGACPCH&N:UJVAVNHZ[)XK\?:-JMTD<^AZC-+#HNE:O,L,(*QO(ZQE8>4*KQ
MTJDXX3"Y?RQJXFL[4>>>'J8F%-*G[2JG*%+EYYTHT8SE'GJ0@ISAI7I3H8;!
M5XKV\\?4Q5.C0I?QI?4_J2K2]_DI))X^@H+VO/+W[0]U<Q8_';X3:K.K:)\0
M? NNZ%%I?B/5-5\6Z/\ $#X?WOAS08_"]OH%]J5OJ\J>*1>Q2KI?B.POWF@L
M;BUM;8I)?W%I]LL1?7./L:-6OB']5HTH0J1G54H0J0EB*F%E*$[."C1Q%/V%
M2525.+K3C1I.I5C4A3OZO6Y_8*G*6*CB8866'4)^WA5G2Q-6"E!Q24I+"5U&
MDI/$2=.<XT72HUZE+GM!_:B^ NN^?(/BGX"T>SD\7W/@KPWJ.N>-_!FGZ=X\
MU6TTOPYJLLW@&['B"1/%%AY?BG28 ]KF3SY3&8@&B:76&&KS6!C&E+ZSCX8B
MI2PO++ZTH8?'XS+G*5!+F4:E; U:E&4>93HRIRO&3E"'"J]/FS+=4,IGAZ6(
MQ.GU:-3$X&CCX0]M?EC*%&MRU8SY)1J4JR2E"'._7K/Q;X5OY;*"P\3>'[Z;
M4;S6M/TZ&SUG3KF6_O\ PU<36GB*QLHX;EFNKS2KJWGAO88@SVLD$B3K&R$#
M"WPZ?%AXXN*2WPDW2C#$I+?#RE7HJ-9?NY.M22DW4A?>?[IN-3]VXU8T&I>Z
MU7G2G7A1:=K594*=2M&G\;I4YU$G",FO+O /Q[\,_$#Q5)X5L/#_ (MT7[79
M>)M4\):]K]OX=BT/Q[I?@SQ#;>%O%=_X8_LGQ)J&HV\6FZW>V,$D6NZ=HMQ*
MEY%/;0SP$RKIAJ4\3@5CHKDBJ. Q+HR_BQPN:4:F(R[$ODYJ3IXJE2G)0C5E
M7H/EABJ5"<X1E-67LJ\J2C*K2IXK%8&5>$7["&.P4I1Q&$E*2C.-:#A6Y&X*
ME76'Q$L/5JQI2:[OP[\2_AQXNUW7_"_A/X@>"?$_B7PI-);>*/#OAWQ7H6M:
M[X:N(;F2SE@U_2--OYKK1YDNX9H&2[BA99(G0@,I BFG6PZQ=%>UPCDHJM#W
MJ/,TY**J1O#F<4VES7:3>R9=:+PU:.&KIT,1*"J1I5%R5'#EA)34)6DX<M2G
M)22MRS@[VE&_/3?'GX&VUS>V4_QF^%$%YIE[:Z;J-I-\1/"$5SI^HWU_/I5E
M87L#ZP'M+VXU2UN;.*"55>2XMI844R1LH**>(^K_ %=.O]:E"%#V:Y_;3J45
MB*<*7+?VDIX>4:\(PNY49*K%.#4B9RC2]K[5JFJ"JRJ<SY?9QH5?85Y3O;D5
M&O\ N:KE94ZO[N=IZ'5^./'7A'X:^$==\>>.M>L?#7A'PSI\FIZWK=^TGV:S
MLXRJ@B.".2:ZN)97BAAMK>*6>XFFBA@CDEE1&SG4IT948U:D:+KU:5"'/)03
MJU9JG3BY2:C&\I*\I-1A%2G-QA&4ET87#UL;4C2PL/:SE&4U[T5%0IP=2=24
MY-0A3A3C*<ZDI1A"$7*4E%-F'IWQD^$6K7_A;2=,^*/P\OM6\<::FL^"])M?
M&?AR75?%FDNDDBZEX;TQ-1-SK5ELAF)FM(ID'DR9(V-CH="LJ^)PJIREB,%"
M-2O3BN:=&G-1E"I44;N%.<91E"I*T)QE&49.,DWQQK4GAZ&*YU'#XB;I4JD_
M<C.K"?LYTDY\O[Z%3]W.E_$A43ISC&::#7OBCH'AOQUX9\ :C8>(EU#Q18:U
MJ-IK*:/*GA:SAT+3+O5KR*\UVZDABFO#9V5PWV>Q6]EB_=M<K D\3R<JKTDL
MQ<Y>QAE>"K8^M*>B=##U\#0J^SCK.;C+,</+G4%1:56$:KK4ITEI4O3>7147
M5GF6,IX&C&"NU6JX;'8FG[1Z1C&4,OKQ4>9U>9TFZ:I5%47.?"_XY:#\4;Y[
M&Q\,>,_"K7/AVR\:>&)_%]GH%I#XT\#ZC=26=AXN\.KHGB/5)H--EF6(FTUF
M'2-2A2\M7N+");B,MUSH5*,,5[=?5\3E\Z-/&8:H[5L'+$0K5*"KN/-1_>+#
M8F/[JM4Y*F'K4ZO).#B34JT85Z-*E6AB:6)6*^KXBC)2HUW@JF'I8M4F^6K)
M49XK#_O72C1K1K0J8:K6IMS7:>&/B9\-_&VHZKH_@OX@^"/%VKZ%';S:WI7A
MCQ7H.OZCHT5V7%I+JMCI5_/-IT<QCD$;7"1A_+;:3M.,H1=3#QQ=).>$DU&-
M:*O2<G!5(Q517@VZ<HU$E*[A)27NM,TJQ="JL/63HUVJC5.:Y*EJ-1T:K4)6
ME:E63I5-/<J)TY6DK'/S?'GX&VUS>V4_QF^%$%YIE[:Z;J-I-\1/"$5SI^HW
MU_/I5E87L#ZP'M+VXU2UN;.*"55>2XMI844R1LH**>(^K_5TZ_UJ4(4/9KG]
MM.I16(IPI<M_:2GAY1KPC"[E1DJL4X-2)G*-+VOM6J:H*K*IS/E]G&A5]A7E
M.]N14:_[FJY65.K^[G:>ATOQ"\;Z7\-O GB[X@ZS:ZE?Z/X-\.ZIXEU&ST:.
MSGU6[LM)LY;V>WTV*_O;.UDO)(XBL:SW=O&68;Y47+"7S^TPU"E2E6KXO$X7
M"4J<7!2E7QF)I82C&]24(17M:T.:4I148W?2QM0I?6)6C4C",:=6JYRYN50I
M4IUI/W(SD_<@^7EB[NRZW.-MOCAX.TVQT*7XI26GP'UGQ3J4^F^%_"?Q>\;?
M"K2?$7B62 V*"708_"_Q"UZPU57FU&UB$%O?O=*\J++;Q^;$9=U1YJ]+"4*D
M<3C:D')X:DISKT[5*E-1E#D7,Y>SYXRI.I3<9)<ZJ1J4X<E.JYX:MCG1J4<O
MHN"6*J*,:$U4H^VC)3YG[.T5-.-=4JEZ522@Z:4Y5?%7[2G[/G@B6^M_%/QI
M^&6CW6D>(]'\):U9S^,]"EO=!\1:Z]PFE:9X@LK6]EGT"25+.]F:34([:*&"
MQNKB9XX+:62//#0EC)X.GA8NN\?4KT<,X:PK5L-3]I6I0J+]VZL%RT_9\W/*
MO5H8:$98C$4*53>LI8>%6=6G.*H1HSG%0G*:A7J4J=*:IQ3J2A)UJ<G.,7&-
M)RKS<:,*E2/7'XL?"Q+WQ/IK?$OX?KJ/@FPBU3QE8'QEX=6]\(Z9/&LL.H^)
M[4ZEYN@V$D3HZW%\L$;*ZL&((-3_ ,NI5_\ EQ&NL*ZGV%B93]G'#N?PJO*I
M^[5%OVCG[JCS:$R:@J3D^55Z$L53;T53#0@ZD\1"_P 5"%-.<JT;TXP3DY**
MN9VE?'#X*Z[JFBZ)H?Q?^%VL:SXC:5/#ND:5\0/">H:IKSP1--,FBV%IJTD^
MJ-'"CR,+:.4JJ,QP 35TJ<ZSJ1HPE5=&FJLU!.3A2=.G5562C?EINE6HU%-V
MBZ=6G-/EG%M2E&$'5E)1IQJ>Q<VTHJM[:KAU2<GHJGUBA6H<E^;VU&K2MSTY
MQ6;KWQ\^%&@>+?$'P]F\9^'KCXA>%]%T?Q'K/@G_ (2#P]I&MVFA:U>?9+?4
M3+XGU;2].V01[;JYA-^)X+:>TD>+_B96*WL8=?6E?#6K0AC:& JRA*,G1Q&(
MG0ITU4IINJXN>)HTX^RIU)U:TOJ]"%7$_N33%1^I4*6(Q35"G7PV,Q5#GDH^
MVI8&E5K5N5MJ,%RT*RC4K2I4+4<14G5A0PN*JT;DWQY^!MM<WME/\9OA1!>:
M9>VNFZC:3?$3PA%<Z?J-]?SZ596%[ ^L![2]N-4M;FSB@E57DN+>6%%,D;*'
M13Q'L/JZ=?ZU*$*'LUS^VG4HK$4X4N6_M)3P\HUX1A=RHM58IP:D1.4:2J^T
M:IJA&K*IS/E]G&A5]A6E.]N2-&M^YJN5E3J_NYVGH=99^._ ^H>*-1\#Z?XR
M\*7WC71[.'4=6\'V?B+2+GQ1I>GW&W[/?:CX?@O&O[*SDWILFF@1&WKM8Y%*
ME^^A6J4?WM/#35*K*'O1I57>U.I*-U";Y7:$FI:/31A.4:4J%.HU3GBH.K1C
M)\LJU.-DZE).SJ0BVDYPO%75WJ=70,* "@ H * "@#YF\1:\OC7Q4M]:/O\
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MK?\ \)W3_P#XY0 ?\)+X^_Z&JW_\)W3_ /XY0 ?\)+X^_P"AJM__  G=/_\
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M@:]Z^78NDJ,H74,0XPJ4*]*K.NE[)XBA7P\*M*I2PU&E=RC4H5(\JCS?B?\
M9SU?X@V7CV_^(/CS2M4\=>+OAAJ_PHT?7/#W@>?P]X:\'^'M9GDO-0N=.\*W
M_C/6+V_U2\O19274MSXAVR)IL$5NEJID\VJ,H89+V,'&I5Q^68[$SE+F=6.5
M8E8C#86FE&*HT5>M=M5:CJUI59RG&G2HPTHUJD*V$J5;5*6 AC%0IQ3I_O,=
MAX8>K7K2<IJI5C&$8T^2%*$*3G!0YZDZLK5_^S583_'3P!\:[#Q;=Z6?"6F/
M;Z_X2BTF*73O%VM0>&-1\)Z3XD:].H(VCZE;:/JDMM-M@N_M,-I91%H_LJNV
MF%Q'U7$YW64.:EFU.M&G2=E]5J8K$8.MBJD)I7G&NL!AE*DU!*K&5=2YJE2,
MN.K0]KEV3X%RM4RMX>,JWO7KT,)[66'HNGS\L/95L1B:D*GOR4<15IM27)*#
M]1_9T^W^'OVE= _X3'R?^&A[^^O?M7_"/;_^$/\ MOA#3/"GE>1_;B_V_L_L
M[[5N\S3<^=Y6!L\QN)TD\JR[+&],!CZV-=1:.HJN9PS'V2CKR<O+['VG-.]_
M:<BM[-^A2K^RS:KFG+?VF"PV#]E>UOJ^&K8;VG/;7G]KS\G(N7EY>:5^9&H?
MLR^']4G\5V=[KMT?"?C_ .$6B_##QOX=M[(VTNL:EX:0VN@>.;34DU IINM6
MNFRW-JT7V*X$P6S+2@6FR7IQ526(>;.+=!XW-:.<X1PY;X#'4Y<]6I!R@_;1
MKRI8*<H24(*>%<N67UB=N/ P^HPR-1M4J91@JN75I232QN"J0A&%&HHR4J?L
M6\4Z<X3<E#&58)KDIRCI:=\%?$VI:WX&U+XF^/M+\9V7PNGN;[P)IVC>")O"
M,@U>71[KP_;:_P",;RX\8:VOB/6+32;NX6$Z?;Z#:">ZFN&M&;R%M57G[>68
M8IQ5/,,PPF*P<JD%:A1I8QTI8B6'H2YJD*E5TE"4IXFHE0DZ4(P<IU)S2HJC
MA<+E\).6 PM?"U^6=I5ZCP7.\-"K5CR4W"G*4*KY*$)RJTH2<N3FIN?X _"3
MQK\%?"VG^ M2\>>%O%W@_0X=4&B1V/P\U;POXEBN=4UNZUEY=4UNX^)&M66H
M0(;ZZA$,&C6+']TQE^1EETE6]IA\/3K1YJ^$PV"PE.<'R4_98/"QPMYTI*I)
MU*D:5*7-&K&,&JBY)*<?9Z58\V/Q^*HOV=',,9C<;4I3_>3C4QE>5?DA5C[.
M*A3<Y1]ZE*4URZQ:?-YO\1/V0[+Q_P##7Q9X&_X3JYT+7-<^)/CCX@Z+XQL_
M#RS3:!%X^GO8=?\ #<^E-K<8UG3;G0M2OM.F8WEH)2\-R(HY+=%KDH0^KKA]
M1E_R)J2P];1)8S#?7Y9A*E)._L;8B.&J4YIU'3JX:$[2C*5,[?K2>*S7$2I*
M4<P>$G3C[O-AJ^#R["Y=3KTYN$KR<,/5YTHP;H8JMA^;7VKZC4OV>M<L]<\8
M:KX"^(=GX7M_B7X3\-^$?B)::WX+/BR>\@\,:-+X<LM9\(7D?BK24\,:V^B7
M$\#F_MO$%EYB03"RW)*MSKB(T\;1S+ XJ#EEF9X[%8^=*G+V=>%7&0I0Q%*.
M(DJD/8U%0I-IX=U8OG]G6I\T>3EP;^I?V-B*?O8_),'0P-&I/^!.CAZM3$4G
M5H1Y9NI"O5J24H8B$7"7)4C-J,XIJG[+7A6^?2]-M]5FM/".D? #7/@':^'Y
M+#[5=C3-5N-'FM?$!UG[?%B^M%T>,B$6@\R602B>/9L;3&8C$XNIQ!BE6]AC
M<YKY7BJ-:G&WU+$955QM?#U*<+_O$JN*IN,>:GR*@ES3]I>"P488*.1T^7ZQ
M3RBOC:M6-6TEC(X^C1HXBE55N6"J*%1U&HRC)5G%0BHJ_,:%^R/'HEG\,8C\
M0;B_U#P'X1^+^A:[J]YX=,E[XU\0_&&!#K7BR[=O$+'39H=0\ZX^R%KTRK(D
M/VB(1AVRS%1QL,XHTHK"T,RR3#9+2@DI+#0PU:E7]OHH*K*K*G*4X)4OWE64
M^=[,PCGAO[-E4G+$5<!G<,XE.3LZL:6%Q&#HX1+7V<:.'JT:4*GOVAAXQ]E[
MUXVO"?[+VM:=!X2C\8?$72-?F^'?PEU[X1>!YO#/@*]\'"'2/$.D6&CWNJ>+
MDOO'WB!_$]]';Z79O#!;RZ/:QR-</Y+/)&UOIFTWFL.(YR7L,9Q-16'Q$XWE
M0I4X595X.EAW:7M%5D^:I4KS?LK4Z:IWJ2J+ +ZC+)J<?WF%R7'O,:<'[M6I
M7<:E-QE63Y8T>2K/W(T4W-0G.4_9QBF)^S5XWO\ X#+^S_XF^*7A6^\,Z=H/
M@S0/#^LZ%\+=7T+7;2W\(:QI&HB;6&U#XK:Q::O-=6NDK;_Z-;:8L4DQFQ(J
M^0>G%8QXS-L!G%:G;%8'-,'F+C!\M*<<)+F=#EDIS@ZC4;5?:25-*5Z4^9..
M6'I/"8;'X2E).CC\#FF$;G&\X5,RI5J:K*491BX4'7J2='E4JJY(^VI<LI3]
M%C^!T]CXP\<^)?#?Q!\0>#+;QGJW@[Q;!:^&=)\-RZCX?\>^%[:;3;_Q387/
MB_3->TBY76M'32[6[LKGP^ZAM--PDOG3EH^:E/V6!>!DN>%/&8C$X>6WL*6)
MC3G6PJ6O-3>*C5Q5-WCR2Q%6"BXN+5SIJ5;"5H^[.A@J>#K.R_VCZO.7U:M*
MR7+.C1F\._B<Z<:5Y15))]M_PC7Q>_Z.H^-O_A+?LQ__ $.U9EF1\.?B[\:]
M=\$R^# VLW/C'0O'GQ5\-^)?C%\0_#.D:+M\.Z)\4_&6E^"[CPUX5T+0M$TW
MQEXBNO %IX9D&HVNGZ;H4;7:W3MJ-S%<Z9( =EX6\&Z3X46_GMY=0U;7=9N#
M>^(O%?B"]EU?Q/XBO6DEE\[5=6N?G-M"T\J6NGVZV]AI\++:Z?:VMK''"AM\
M@V^1\3_M/?!+]JKXQ^-_!]SX,U#]GVP\"_#+Q[X;^(G@5?$]W\1K7Q9=ZWHE
ME%YMKXL&E:3>Z?/I3:D]YMCT\VLQ@$.9TDWTLMJXG YC3S1JG+$X>ECL-2BN
M9TOJ^,C&FW45XS]M&G"+3C-04[^[)62VQJPU?+Y9?2]K&GBX4Y8F4N125:G]
M8A^X:NE2]E6C_$BY^T3VBDFW]HKX'?M4_&[1OA)IRZO\!I+#P['!KOQ0\"ZU
M>_$6R\ >,?&=E=)+80B/2]*FU?5?"%M&N]+*ZO[)FF8M,LP6/RB*C0SGZ_1C
M&OA<+1I+!PQ"YIT<3*G..)KRIQM2E*,G'ZK*3FHP34Z?O5/:1&K4>55<'*3H
M8K%5JJKU:#LW@XU82PU&G.=YTY3C%_6Y0C&3ER^QJ1237LF@Z1^UTWP^U.SU
MG6/V=O"WQ TK5--D\&0>"M"\=:G\/;WP_9V3PW'A_P 4VFNW%MJ>FK+.8A%<
MZ-(K6Z6\>$<;HWO%3G*.'K49.MBW4KO%1Q#?LZL)P2HRIU87JQK1JN52I*:G
M&22CROF;66%A"G.MAZL(T<%[&A##RH+]]0J1K<U:7LI.-&=-T(QI4X7BTYU)
M-IQIL\V\&_LN>.?&7Q)\5?%S]J#6? 7B'7?$GPVOOA,O@?X6VWB;2O!MKX2U
M.6<ZBT^M:S<P:W=7UQ!<3("K0- ;J0I,VR'RG3I8.A@<RPL85*]7.*^'KXB=
M1J$:?U65&=*G1C3:;2J8>A-U)M2_=\K34Y-W*OBY8K+*R=.A#)W5>'45SRG*
MM3JTYRJJHG%+EQ%>+IVG&5X23A:49>?>-?\ @FM\%;GQU\*-5^'O@G0]!\&:
M%KNIW?Q2T;4_&WQ*GU#Q+H[64(T6WT2:?5M0:WNK;4HWD<)>:7N23YI9 HCJ
M\MQ%;!9M3QSG^XPV'J2H1BHN=/,82C/"XAJ22E3IRC>4)2E!VM*C43:)Q4*=
M;+*V&IPY<;5Q.$:J2;4/J4746.HM)OWZT)05.2AS1<7RU*5[OW7XP^"/VKO%
M%SXE\)?#SQI\$K/X7^,M.N-&NKKQ?X:\7'Q_X.TO4-+ATO48-!.CW\FD>))#
MNO;B*34XK1D-PL3%P@D'GSPWUVE6PF93M0JRJ2=6@OWM2,JDZL*52E)QIQ4%
M[.@ZE.:G*'-5LJBM+IP]:.75<'BLMI7JX3V'+1KR?L82H*$54A4@G5ES<KK>
MSJ)I5$H<_LY/EX+Q+^R)XF\,>&?V>;KX%^+/#MC\1?V<;35M/T&Y^(-AJ3^%
M_&%EXFMEA\2V^OCP_(U[ID<]PUS<1_94N&03M$&5BLZ>G7QV)6;XK,<)"G'#
MX[ 4LLK8>K*3MA,-R+"R52*4I5L/&%]H1JU&I-QC%TY<&$PF'AE']F8EOVD<
M;+,88BE%<T<54J3K5H1A.34:->JZ<9-RG.G2I**4W*3.U^$GP/\ BGX!3XW_
M !-\2>(_!.N_'OXQP6-P\>C0:UHOPU\/WWAW0KC2_"^F6LUU;WVJW&FPW$^^
M>]ELVN'C1%\AG5GFYL5>&0QR/+*DX-XC%XJ>(K\JG[?'2@JTX1I)J*HPBW1C
M?WZGQRA%KDZJ,_;9M0S#,HJ6'PU&EAH8>CJO8TI)N\Y\LN?$*%)3NY1HVDZ?
M/?E.E_9P^ 5U\&_@K+X \1:Q#JOC+Q/<^)-=^('BC29[F0:GXG\4/,+Z^LKZ
M]M+:ZG$%LUM%%/<012,;<R,BERHK-J>&QN6T<FP?/ALOPF7K T4[<\.:$G6J
M<JE):UJE1P7-=4E3@Y>[<RP,\1A\SQ6;XKV=;&XO'/%S44U3Y837L:23MRQY
M(*<XQ2@JU2JX*SU^38OV-?VA[SX9Z3^S/K7CGX*CX Z-KUIJD/BK3/#GBI/C
M'=6EIKW_  D7D-93R?V!8WTEW-<0&]CN)9O+"EFD$DD1ZL/C)5,QR3-<Q@EB
M<A^KRHT\-=4JT\)26'I*I*I>5.$Z?O5%33]]?#)MU"73^IT\UH98W*GF\JWM
M)8Q^TG15>:JMQ44U6<:E.G%*IR)0<O9^R4*4(_5?Q5\-_M6:MJEQX>^$GB_X
M,>&_AWJVCPZ7<ZYXKT7QAJ'Q)\,2-9"SO+WP_%IUT-#UB4D&:$:@D/ENY#%U
M"[?,J498V6,HYC/V>$Q,YOFPRM5=*I'WZ,E-J,>:5X>UIRC)4ZC<4ITTY]&'
ME3R^EETL%2]O7P4:<90Q,K492I3]RJI4USM^S<;TG'EE4I+WN6K)0P]:^"?Q
M/^'?[/GAKX(_LYW?PVF>TTK4O#?B;5/BZWBR**_TK7+#4SK>KZ6?"23R6_B"
MYUK4'N52X26VBCE=-K;%!USQSSJI4H3C'#Y=4POU7DA)^VI4Z,*%#"PIR<7!
MJ-&%159RA>53DE&*3DE.5-Y;)8MU)8C,HXQ8R52=W3JU)5)UJKJ)S=3X_90I
MQ4]*49*4G*TGY/\ #W]E3XQWO[,WBG]F/XT:W\*H/#4.AV%C\.O$/PY/B_4]
M<L=5MM<O?$;:CXM7Q)9Z=;7L4&JC2_*BT^&U+PK<QR,K%'KKS*O]=AEV-H5)
MX7.\KKX2=&<5'ZO&E@<-0P]#=RJJM4A"K&M+X%SQG3BFG RR>"RBO7IQC[?+
M\8L>\1";7M>?'5)3E[-\GLU&E*I.=/FBY1G"E=RM)OLO OP%^.FM_$[X;_$+
M]HGQE\--4L_@CI>N6/P^TOX;6'B6V?6[_6-/M])F\5>-KKQ(R)!J:Z=;;C::
M?&UN)F#JZJC":Z&(I4JV:9E*CRYIFM#ZJX0:^K82C*K[>M]7<E[64JLFZ7O\
MJC25]9-*GA*C5C@L'D]*K_PEX*O1Q#G-+ZQB9X:$H8:%9*/)"-'W:JE3ES2E
M*I":<6IGVAH^E:O\1I&M/#]S<:3X55_+U7QG"NU[R-&VSZ9X/,@VW=TX#1R:
ML UM:Y;R?M%PA2'C.H^F='T?3?#^EV.BZ/:16&F:;;I:V=K""$ABC'=F):25
MF+.\KEGD=W=V9W9B :5 !0 4 </XJ^'OAOQ;)%>WD-SIVN6T?E6?B/19ET_7
M+:($D0-=>5)'?V8+,WV._AN[;<=WD[L$ 'EM[X"^(FC%OL,VA>,[% =ADDD\
M+^( N?E5XC'=Z9J$P'603:4AZB-<8(!Q6I^))?#[/'XD\/:UH,D(W2K<RZ#?
M!5!P7#:-K=YN0 J>@;#CY<@A0#"_X6EX/_Y_;K_P NO_ (W0 ?\ "TO!_P#S
M^W7_ ( 77_QN@ _X6EX/_P"?VZ_\ +K_ .-T '_"TO!__/[=?^ %U_\ &Z #
M_A:7@_\ Y_;K_P  +K_XW0 ?\+2\'_\ /[=?^ %U_P#&Z #_ (6EX/\ ^?VZ
M_P# "Z_^-T '_"TO!_\ S^W7_@!=?_&Z #_A:7@__G]NO_ "Z_\ C= !_P +
M2\'_ //[=?\ @!=?_&Z #_A:7@__ )_;K_P NO\ XW0 ?\+2\'_\_MU_X 77
M_P ;H /^%I>#_P#G]NO_   NO_C= !_PM+P?_P _MU_X 77_ ,;H /\ A:7@
M_P#Y_;K_ , +K_XW0 ?\+2\'_P#/[=?^ %U_\;H /^%I>#_^?VZ_\ +K_P"-
MT '_  M+P?\ \_MU_P" %U_\;H /^%I>#_\ G]NO_ "Z_P#C= !_PM+P?_S^
MW7_@!=?_ !N@ _X6EX/_ .?VZ_\  "Z_^-T '_"TO!__ #^W7_@!=?\ QN@
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A842***)%CBBBC4)'''&@"HBJ  H    ' H DH * /__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>g293100stp51a.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g293100stp51a.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    9   _^X #D%D
M;V)E &3      ?_; (0  0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0(" @(" @(" @(" P,# P,# P,# P$! 0$! 0$" 0$"
M @(! @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# P,#_\  $0@ 'P#; P$1  (1 0,1 ?_$ *\   (!!0$! 0$
M      D*"  ! P8'!00""P$  @(# 0$             !@< !0$#! @"$
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M!=?TF'2"@' K2D$B7/6HR3X3A3[O>_?KVQ9+>.XZW/4H8A)5*9)&20)GKA#
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MO(#+*$BQ@Y1*[WJ=@*_4HV>BC).C2"\Q!QJ3:OQK$D48Q' %*1'TRF,;8-]
MK[K;M9W*%LM#4-" 2H@Y2)\QQ],%C3:FJ?14+[A \RB )\Y@80)OQ:\4/'GQ
MTS'R<LG%'DE@W/-\RO:']E0@<>Y-QW>)_$&+59(%4:,U8U"S33]" ;6,YS*.
MU4D0.KVICMV[:,=V7?<MSH:5J\4U13TS2 )K;6@.+E[TU) GIR&6,#.WK;8Z
M&J?7;'VGGG%$R2M*BA,_=$B3*><2!\@O%NU\A\?9(A\@\W'G'#BO,TM..R5
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+U>S^W^FAB+^/_]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
