Announcements

The 2025 shareholder meeting for American Funds will take place on November 25, 2025. Shareholders who are unable to attend in person can cast their vote by phone, mail or online at capitalgroup.com/vote. Proxy materials, including voting instructions, were recently mailed to shareholders.

Your clients’ votes are essential in helping to shape the policies that impact their investments. This year’s vote includes several key proposals that may impact fund governance, fee structures and fund classification.

Items on the ballot:

1. Fund board of director election
2. Management fee change to asset-only fee structure
3. Fund status change from diversified to non-diversified*
    

     * Refer to proxy materials for affected funds.

Voting online or by phone requires the client’s unique Control Number and Security Code, which are included with their proxy materials.

We encourage all shareholders to review the proxy materials and cast their votes before the deadline of November 25, 2025.

Clients with additional questions or who need assistance can contact Computershare at
(877) 514-4975. Computershare can also be contacted at (888) 615-7476, (866) 989-9745 or (877) 514-4840.