Diversified International Separate Account As of December 31, 2015



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AUSTRALIA MACQUARIE GROUP LTD 370,507 $ 22,129,855 0.94 % CALTEX AUSTRALIA LIMITED 652,544 $ 17,808,309 0.75 % CSL LTD/AUSTRALIA 174,074 $ 13,250,404 0.56 % COMMONWEALTH BANK OF A 202,864 $ 12,522,171 0.53 % RAMSAY HEALTH CARE LTD 175,972 $ 8,639,277 0.37 % TOTAL AUSTRALIA $ 74,350,016 3.15 % BELGIUM ANHEUSER-BUSCH INBEV NV 181,636 $ 22,594,742 0.96 % DELHAIZE GROUP 170,822 $ 16,618,637 0.70 % KBC GROEP NV 195,404 $ 12,212,805 0.52 % BELGACOM SA 224,314 $ 7,296,364 0.31 % EURONAV NV 360,746 $ 4,945,828 0.21 % TOTAL BELGIUM $ 63,668,376 2.70 % BRAZIL AMBEV SA 2,229,100 $ 10,057,361 0.43 % BB SEGURIDADE PARTICIPACOES 1,319,900 $ 8,117,072 0.34 % JBS SA 2,379,300 $ 7,427,325 0.31 % TOTAL BRAZIL $ 25,601,759 1.08 % CANADA BROOKFIELD ASSET MANAGEMENT IN 1,110,097 $ 34,882,826 1.48 % ALIMENTATION COUCHE TARD INC 787,439 $ 34,528,047 1.46 % TORONTO-DOMINION BANK 717,100 $ 28,000,507 1.18 % DOLLARAMA INC 430,578 $ 24,778,925 1.05 % CANADIAN NATIONAL RAILWAY CO CANADIAN ISSU 438,800 $ 24,433,936 1.03 % ROYAL BANK OF CANADA 343,800 $ 18,352,005 0.78 % BANK OF MONTREAL 301,500 $ 16,947,030 0.72 % SUNCOR ENERGY INC 573,500 $ 14,747,261 0.62 % TRANS CANADA CORP 405,800 $ 13,201,427 0.56 % CANADIAN NATURAL RESOURCES 592,100 $ 12,881,191 0.54 % FAIRFAX FINANCIAL HOLDINGS LTD 23,051 $ 10,900,894 0.46 % CANADIAN IMPERIAL BK OF COMM 147,300 $ 9,669,777 0.41 % KEYERA CORP 197,800 $ 5,732,797 0.24 % RITCHIE BROS AUCTIONEERS INC 203,400 $ 4,881,834 0.21 % TOTAL CANADA $ 253,938,457 10.74 % CAYMAN ISLANDS TENCENT HOLDINGS LTD 1,442,800 $ 28,249,640 1.19 % CK HUTCHISON HOLDINGS LTD 1,787,000 $ 24,020,416 1.02 % TAL EDUCATION GROUP ADR 240,057 $ 11,155,449 0.47 % CK HUTCHISON HOLDINGS LTD 1,293,000 $ 8,364,290 0.35 % ALIBABA GROUP HOLDING LTD 100,155 $ 8,139,597 0.34 %

TOTAL CAYMAN ISLANDS $ 79,929,391 3.37 % CHINA CHINA CONSTRUCTION BANK CORP 16,707,000 $ 11,396,502 0.48 % CHINA TELECOM CORP LTD-H 23,454,000 $ 10,940,377 0.46 % PICC PROPERTY & CASUALTY 2,706,000 $ 5,340,266 0.23 % TOTAL CHINA $ 27,677,145 1.17 % DENMARK NOVO NORDISK A/S 755,865 $ 43,746,666 1.85 % PANDORA A/S 236,788 $ 29,843,845 1.26 % VESTAS WIND SYSTEMS A/S 215,581 $ 15,050,220 0.64 % DANSKE BANK 460,379 $ 12,348,354 0.52 % GENMAB A/S 73,133 $ 9,720,378 0.41 % TOTAL DENMARK $ 110,709,463 4.68 % FINLAND SAMPO OYJ 256,878 $ 13,039,441 0.55 % TOTAL FINLAND $ 13,039,441 0.55 % FRANCE FRANCE TELECOM SA 1,249,281 $ 20,886,486 0.88 % TOTAL SA 436,633 $ 19,566,762 0.84 % AXA SA 705,648 $ 19,272,843 0.81 % VINCI SA 279,498 $ 17,906,940 0.76 % RENAULT SA 171,049 $ 17,114,146 0.72 % UBISOFT ENTERTAINMENT 477,765 $ 13,821,326 0.58 % SAFRAN SA 192,988 $ 13,253,321 0.56 % VEOLIA ENVIRONNEMENT 497,573 $ 11,800,416 0.50 % CAP GEMINI 123,299 $ 11,435,636 0.48 % SCOR SE 271,370 $ 10,149,848 0.43 % THALES SA 92,046 $ 6,886,765 0.29 % TOTAL FRANCE $ 162,094,491 6.85 % GERMANY DEUTSCHE TELEKOM AG 1,393,741 $ 25,022,130 1.06 % HANNOVER RUECKVERSICHERUNG AG 199,348 $ 22,754,029 0.96 % CONTINENTAL AG 83,494 $ 20,189,668 0.85 % FRESENIUS SE & CO KGAA 280,161 $ 19,948,232 0.84 % SAP AG 246,797 $ 19,576,020 0.83 % DAIMLER AG-REGISTERED 180,086 $ 15,040,678 0.64 % INFINEON TECHNOLOGIES 937,226 $ 13,657,892 0.58 % PROSIEBEN SAT.1 MEDIA AG-REG 252,977 $ 12,757,739 0.54 % VONOVIA SE 366,903 $ 11,330,073 0.48 % DEUTSCHE WOHNEN AG 367,058 $ 10,145,618 0.43 % EVONIK INDUSTRIES AG 282,320 $ 9,334,430 0.39 %

FUCHS PETROLUB AG 104,009 $ 4,895,391 0.21 % DIALOG SEMICONDUCTOR PLC 142,191 $ 4,742,756 0.20 % BAYER AG 10,435 $ 1,302,692 0.06 % TOTAL GERMANY $ 190,697,347 8.07 % HONG KONG CHINA MOBILE LTD 1,955,500 $ 22,011,031 0.93 % WHEELOCK & CO LTD 1,074,000 $ 4,506,645 0.19 % TOTAL HONG KONG $ 26,517,676 1.12 % INDIA MARUTI SUZUKI INDIA LTD 155,933 $ 10,859,370 0.46 % AXIS BANK LTD 1,403,044 $ 9,463,894 0.40 % BHARTI INFRATEL LTD 1,391,084 $ 8,975,144 0.38 % BHARAT PETROLEUM CORP LTD 529,724 $ 7,115,305 0.30 % YES BANK LTD 533,282 $ 5,818,516 0.25 % HCL TECHNOLOGIES LTD 445,991 $ 5,751,921 0.24 % HDFC BANK LTD ADR 69,129 $ 4,258,346 0.18 % HDFC BANK LIMITED 136,622 $ 2,231,398 0.09 % TOTAL INDIA $ 54,473,894 2.30 % IRELAND RYANAIR HOLDINGS PLC 268,225 $ 23,190,734 0.98 % CRH PLC 652,466 $ 18,808,639 0.80 % KINGSPAN GROUP PLC 403,789 $ 10,641,756 0.45 % BANK OF IRELAND 20,199,285 $ 7,393,015 0.31 % GREENCORE GROUP PLC 1,193,232 $ 6,224,351 0.27 % ICON PLC 75,245 $ 5,846,537 0.25 % SMURFIT KAPPA GROUP PLC 168,563 $ 4,315,285 0.18 % TOTAL IRELAND $ 76,420,316 3.24 % ISRAEL TEVA PHARMACEUTICAL INDUSTRIES ADR 229,627 $ 15,072,716 0.64 % TOTAL ISRAEL $ 15,072,716 0.64 % ITALY ENEL SPA 2,852,601 $ 11,956,874 0.51 % MEDIOBANCA SPA 1,226,295 $ 11,750,468 0.50 % PRYSMIAN SPA 288,621 $ 6,303,507 0.27 % TOTAL ITALY $ 30,010,849 1.28 % JAPAN TOYOTA MOTOR CORP 705,100 $ 43,383,271 1.83 % MITSUBISHI UFJ FINANCIAL GROUP 4,299,014 $ 26,607,025 1.13 % NTT CORP 661,600 $ 26,308,545 1.11 % MURATA MANUFACTURING CO 159,500 $ 22,929,987 0.97 %

MIZUHO FINANCIAL GROUP INC 10,572,900 $ 21,128,224 0.89 % KDDI CORP 811,900 $ 21,067,672 0.89 % HOYA CORP 505,200 $ 20,641,758 0.87 % FUJIFILM HOLDINGS CORP 461,300 $ 19,235,197 0.81 % TOKIO MARINE HOLDINGS INC 462,000 $ 17,829,743 0.75 % SEKISUI HOUSE LTD 1,038,700 $ 17,449,931 0.74 % ORIX CORP 1,207,550 $ 16,925,989 0.72 % EAST JAPAN RAILWAY CO 156,200 $ 14,696,493 0.62 % FUJI HEAVY INDUSTRIES LTD 352,300 $ 14,501,383 0.61 % NTT DOCOMO INC 672,200 $ 13,776,436 0.58 % SUMITOMO MITSUI FINANCIAL GROU 360,300 $ 13,586,795 0.57 % BRIDGESTONE CORP 347,300 $ 11,902,979 0.51 % EZAKI GLICO CO LTD 137,500 $ 7,422,100 0.31 % FUJI ELECTRIC HOLDINGS CO. LTD 1,599,000 $ 6,700,422 0.28 % YAMAHA MOTOR CO LTD 262,400 $ 5,876,887 0.25 % BANK OF KYOTO LTD/THE 565,000 $ 5,235,260 0.22 % TOTAL JAPAN $ 347,206,097 14.66 % JERSEY, CI SHIRE LTD 398,492 $ 27,333,938 1.16 % WPP PLC 434,387 $ 9,989,641 0.42 % TOTAL JERSEY, CI $ 37,323,579 1.58 % KOREA (SOUTH) SAMSUNG ELECTRONICS CO LTD 19,460 $ 20,755,689 0.89 % KOREA ELECTRIC POWER CORP 393,920 $ 16,689,290 0.71 % KT&G CORP 133,617 $ 11,873,891 0.52 % GS RETAIL CO LTD 147,948 $ 6,740,404 0.29 % TOTAL KOREA (SOUTH) $ 56,059,275 2.41 % MEXICO WALMART DE MEXICO SER V 5,533,100 $ 13,935,948 0.59 % GRUMA SAB 560,300 $ 7,866,387 0.33 % PROMOTORA Y OPERADORA DE INF 449,000 $ 5,275,334 0.22 % TOTAL MEXICO $ 27,077,668 1.14 % NETHERLANDS STEINHOFF INTERNATIONAL HOLDIN 3,256,029 $ 16,497,102 0.70 % NN GROUP NV 197,156 $ 6,953,357 0.29 % EURONEXT NV 40,909 $ 2,098,121 0.09 % TOTAL NETHERLANDS $ 25,548,580 1.08 % NORWAY STATOILHYDRO ASA 817,899 $ 11,407,440 0.48 % YARA INTERNATIONAL ASA 178,913 $ 7,694,999 0.33 %

TOTAL NORWAY $ 19,102,438 0.81 % RUSSIAN FEDERATION LUKOIL ADR 267,178 $ 8,679,277 0.38 % TOTAL RUSSIAN FEDERATION $ 8,679,277 0.38 % SOUTH AFRICA NETCARE LIMITED 1,527,697 $ 3,339,352 0.14 % TOTAL SOUTH AFRICA $ 3,339,352 0.14 % SPAIN IBERDROLA SA 2,911,946 $ 20,634,159 0.87 % INTL CONSOLIDATED AIRLINE-DI 976,760 $ 8,822,888 0.37 % ACCIONA SA 60,480 $ 5,177,002 0.22 % TOTAL SPAIN $ 34,634,049 1.46 % SWEDEN INVESTOR AG 582,476 $ 21,433,649 0.91 % NORDEA BANK AB 1,759,936 $ 19,334,445 0.82 % SKANDINAVISKA ENSKILDA BAN-A 1,324,057 $ 13,942,369 0.59 % SVENSKA HANDELSBANKEN 766,146 $ 10,188,652 0.43 % SKANSKA AB-B SHS 320,707 $ 6,227,669 0.26 % TOTAL SWEDEN $ 71,126,785 3.01 % SWITZERLAND ROCHE HOLDING AG 185,733 $ 51,499,027 2.18 % NESTLE SA 443,936 $ 32,975,455 1.39 % NOVARTIS AG 312,142 $ 26,866,323 1.14 % LONZA GROUP AG 77,734 $ 12,649,840 0.53 % ACTELION LTD 84,942 $ 11,809,225 0.50 % GIVAUDAN-REG 6,042 $ 10,972,574 0.46 % TOTAL SWITZERLAND $ 146,772,445 6.20 % TAIWAN TAIWAN SEMICONDUSTOR MANUFACT 5,405,624 $ 23,321,166 0.99 % HON HAI PRECISION INDUSTRY CO 8,398,344 $ 20,553,250 0.87 % LARGAN PRECISION CO LTD 146,000 $ 9,990,019 0.42 % UNI PRESIDENT ENTERPRISES CORP 3,198,120 $ 5,331,058 0.23 % TOTAL TAIWAN $ 59,195,493 2.51 % United Kingdom ITV PLC 7,269,051 $ 29,588,837 1.25 % BT GROUP PLC 4,015,652 $ 27,877,312 1.19 % TAYLOR WIMPEY PLC 8,177,539 $ 24,440,663 1.03 % DIRECT LINE INSURANCE GROUP 3,679,531 $ 22,051,032 0.93 % BARRATT DEVELOPMENTS PLC 1,930,220 $ 17,782,806 0.75 % PRUDENTIAL PLC 736,197 $ 16,582,767 0.70 %

LEGAL & GENERAL GROUP PLC 3,408,048 $ 13,445,089 0.57 % MONDI PLC 626,495 $ 12,277,264 0.52 % ARM HOLDINGS PLC 782,507 $ 11,924,566 0.50 % NEXT PLC 110,978 $ 11,913,379 0.51 % IMPERIAL TOBACCO GROUP PLC 214,157 $ 11,308,969 0.48 % 3I GROUP PLC 1,521,978 $ 10,779,215 0.46 % PERSIMMON PLC 320,391 $ 9,556,390 0.40 % BTG PLC 895,062 $ 9,067,740 0.38 % GALIFORM PLC 1,154,568 $ 8,943,825 0.38 % ASHTEAD GROUP PLC 541,653 $ 8,912,623 0.38 % BHP BILLITON PLC 540,315 $ 6,024,269 0.25 % PERKINS TRAVIS PLC 197,050 $ 5,715,351 0.24 % BETFAIR GROUP PLC 91,560 $ 5,263,364 0.22 % SEGRO PLC 809,792 $ 5,123,706 0.22 % INTERMEDIATE CAPITAL GROUP 535,050 $ 4,931,381 0.21 % PARAGON GROUP COMPANIES PLC 683,008 $ 3,550,023 0.15 % EASYJET PLC 109,167 $ 2,799,234 0.12 % TOTAL United Kingdom $ 279,859,805 11.84 % UNITED STATES CHINA BIOLOGIC PRODUCTS INC 42,150 $ 6,004,689 0.25 % TOTAL UNITED STATES $ 6,004,689 0.25 % TOTAL $ 2,326,130,869 98.37% CASH AND OTHER $ 38,657,899 1.63% TOTAL PORTFOLIO $ 2,364,788,768 100.00%

International and global investment options are subject to additional risk due to fluctuating exchange rates, foreign accounting and financial policies, and other economic and political environments. Portfolio holdings may not reflect the current portfolio composition. The holdings listed do not constitute a recommendation to purchase or sell a particular security. Separate Accounts are available through a group annuity contract with Principal Life Insurance Company. Insurance products and plan administrative, if applicable, services are provided by Principal Life Insurance Company, a member of the Principal Financial Group, Des Moines, IA 50392. See the fact sheet for the full name of the Separate Account. Certain investment options may not be available in all states or U.S. commonwealths. Principal Life Insurance Company reserves the right to defer payments or transfers from Principal Life Separate Accounts as described in the group annuity contracts providing access to the Separate Accounts or as required by applicable law. Such deferment will be based on factors that may include situations such as: unstable or disorderly financial markets; investment conditions which do not allow for orderly investment transactions; or investment, liquidity, and other risks inherent in real estate (such as those associated with general and local economic conditions). If you elect to allocate funds to a Separate Account, you may not be able to immediately withdraw them. Before directing retirement funds to a separate account, investors should carefully consider the investment objectives, risks, charges and expenses of the separate account as well as their individual risk tolerance, time horizon and goals. For additional information contact us at 1-800-547-7754 or by visiting principal.com. An investment option s unit value and investment return will vary with market conditions, and the principal value of an investment when you sell your shares may be more or less than the original cost. Information is current as of the creation of this piece. Keep in mind that portfolio holdings are subject to risk.