For investment professional use only. Not for public distribution /15 Not FDIC Insured May Lose Value No Bank Guarantee Putnam 529 for America SM Scholarship Account Presenter Title Department

2 For investment professional use only. Not for public distribution /15 Why establish a 529 scholarship? Establishing a Putnam 529 for America SM plan account as the funding vehicle for a scholarship is a great way for [your organization] to provide assistance, incentives, or rewards in the form of a college education A Putnam 529 for America plan offers an attractive combination of tax-free growth and distribution, control over withdrawals, and no contribution limit* until the scholarship is awarded and a beneficiary is designated *Contributions should be in line with anticipated scholarship awards.

3 For investment professional use only. Not for public distribution / scholarship fund benefits Cost effective – Eliminates record-keeping and administrative fees, putting more scholarship money to work Account control – [your organization] retains control over the account and all distributions – Beneficiary(ies) can be named when the award is given Convenient – Anyone can be the beneficiary – Proceeds from the scholarship account can be sent directly to the educational institution on behalf of recipient – Account can be continued in perpetuity even if awards are given to beneficiary(ies) each year or periodically Professional management: access to 18 investment options from Putnam Investments and other prominent money managers

4 For investment professional use only. Not for public distribution /15 Scholarship accounts: Eligibility Can be established by 501(c)(3) entities such as: State or local governments Religious, educational, and charitable organizations Other tax-exempt organizations

5 For investment professional use only. Not for public distribution / scholarship fund benefits Establishing an account – Complete a Putnam 529 for America new account application John Smith, authorized signer or trustee of [organization name] in the “Tax Exempt or Governmental Owner” section [organization name]’s tax ID number in place of beneficiary’s Social Security number Reference the Scholarship Fund name in place of beneficiary name* Contributions – [organization name] controls all contributions – Unlimited account contributions as long as the amount is consistent with the scope and size of the scholarship program award Distributions – [organization name] controls all distributions – One of four ways to distribute the funds: Check paid directly to the school Check paid directly to the beneficiary New account set up for the beneficiary with the parent as owner New account set up for the beneficiary with [organization name] as owner *Designate the beneficiary/recipient as scholarships are awarded each year or periodically.

6 For investment professional use only. Not for public distribution /15

7 For investment professional use only. Not for public distribution /15 Putnam 529 for America scholarship plan features High account value limit of $370,000* 18 investment options – Three goal-based asset allocation portfolio options – Eleven individual fund options – Four Absolute Return Fund options DALBAR award-winning service *As of 1/1/15. Subject to annual review. For scholarship accounts, there is no contribution limit although contributions should be in line with anticipated scholarship awards.

8 For investment professional use only. Not for public distribution /15 Goal-based portfolios Are actively managed and keep the same allocation mix, regardless of the child’s age Allocations shown are target allocations; actual allocations may vary. See the offering statement for details. BalancedAggressive growthGrowth Stocks Bonds Cash 85% 15% 34% 6% 60% 100% Balanced optionGrowth optionAggressive growth option Putnam 529 GAA Growth Portfolio Putnam 529 Balanced Portfolio Putnam 529 Money Market Portfolio Invests in Putnam 529 GAA Growth Portfolio and Putnam 529 All Equity Portfolio Invests in Putnam 529 GAA All Equity Portfolio

9 For investment professional use only. Not for public distribution /15 Individual investment options *Although a money market fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund. Money market funds are not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other governmental agency. The plan involves investment risk, including the loss of principal. Build your own portfolio with a range of choices StocksBondsCash Putnam Equity Income Option Putnam International Capital Opportunities Fund Option Putnam Voyager Option Putnam Small Cap Value Fund Option MFS Institutional International Equity Fund Option Principal MidCap Blend Fund Option SSgA S&P 500 ® Index Fund Option Putnam High Yield Trust Option Putnam Income Option Federated U.S. Government Securities Fund: 2-5 years Option Putnam Money Market Option*

10 For investment professional use only. Not for public distribution /15 Absolute Return Funds Putnam 529 for America is the only 529 account to offer a suite of absolute return funds as an investment option The funds seek positive 3-year return targets of 1%, 3%, 5%, or 7% above inflation as measured by T-bills and with lower relative volatility Chart does not represent the performance of Putnam Absolute Return Funds. Actual performance can be found on putnam.com. The funds’ strategies are designed to be largely independent of market direction, and the funds are not intended to outperform stocks and bonds during strong market rallies. There is no guarantee that the funds will meet their objectives. Absolute return investing can be an ally in helping to navigate today’s market volatility +7% +5% +3% +1% ®®®®

11 For investment professional use only. Not for public distribution /15 Putnam Absolute Return Funds The funds’ strategies are designed to be largely independent of market direction, and the funds are not intended to outperform stocks and bonds during strong market rallies. Consider these risks before investing: Our allocation of assets among permitted asset categories may hurt performance. The prices of stocks and bonds in the funds’ portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including both general financial market conditions and factors related to a specific issuer or industry. Our active trading strategy may lose money or not earn a return sufficient to cover associated trading and other costs. Our use of leverage obtained through derivatives increases these risks by increasing investment exposure. Bond investments are subject to interest-rate risk (the risk of bond prices falling if interest rates rise) and credit risk (the risk of an issuer defaulting on interest or principal payments). Interest-rate risk is greater for longer- term bonds, and credit risk is greater for below-investment-grade bonds. Unlike bonds, funds that invest in bonds have ongoing fees and expenses. Lower-rated bonds may offer higher yields in return for more risk. Funds that invest in government securities are not guaranteed. Mortgage-backed securities are subject to prepayment risk. International investing involves certain risks, such as currency fluctuations, economic instability, and political developments. Additional risks may be associated with emerging-market securities, including illiquidity and volatility. Our use of derivatives may increase these risks by increasing investment exposure (which may be considered leverage) or, in the case of many over-the-counter instruments, because of the potential inability to terminate or sell derivatives positions and the potential failure of the other party to the instrument to meet its obligations. The funds may not achieve their goal, and they are not intended to be a complete investment program. The funds’ effort to produce lower-volatility returns may not be successful and may make it more difficult at times for the fund to achieve their targeted return. In addition, under certain market conditions, the funds may accept greater volatility than would typically be the case, in order to seek their targeted return. For the 500 Fund and 700 Fund these risks also apply: REITs involve the risks of real estate investing, including declining property values. Commodities involve the risks of changes in market, political, regulatory, and natural conditions. Additional risks are listed in the funds’ prospectus. You can lose money by investing in the funds. Putnam Absolute Return 100 Fund ® option Putnam Absolute Return 300 Fund ® option Putnam Absolute Return 500 Fund ® option Putnam Absolute Return 700 Fund ® option For investors considering short-term securities. Invests in bonds and cash instruments For investors considering a bond fund. Invests in bonds and cash instruments For investors considering a balanced fund. Can invest in bonds, stocks, or alternative asset classes For investors considering a stock fund. Can invest in bonds, stocks, or alternative asset classes

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13 For investment professional use only. Not for public distribution /15 Contact [insert broker name] Call 877-PUTNAM529 ( ) Visit putnam.com

14 For investment professional use only. Not for public distribution /15 Invest in their future Putnam 529 for America

15 For investment professional use only. Not for public distribution /15 Putnam Retail Management, principal underwriter and distributor Putnam Investment Management, investment manager Putnam 529 for America is sponsored by the State of Nevada, acting through the Trustees of the College Savings Plans of Nevada and the Nevada College Savings Trust Fund. Anyone may invest in the plan and use the proceeds to attend school in any state. Before investing, consider whether your state’s plan or that of your beneficiary offers state tax and other benefits not available through Putnam 529 for America. If you withdraw money for something other than qualified higher education expenses, you will owe federal income tax and may face a 10% federal tax penalty on earnings. Consult your tax advisor. You should carefully consider the investment objectives, risks, charges, and expenses of the plan before investing. Ask your financial representative or call Putnam at PUTNAM529 for an offering statement and/or fund prospectus containing this and other information for Putnam 529 for America, and read it carefully before investing.