January 18, 2023
State Street Bank and Trust Company 200 Newport Ave
North Quincy, MA 02171
Attention: Steven Bagley Jr., Managing Director
| Re: | Each Putnam exchange traded fund identified on Exhibit A hereto (each, a “New Putnam ETF Fund” and collectively, the “New Putnam ETF Funds”) |
Ladies and Gentlemen:
Please be advised that each New Putnam ETF Fund has been formed as a separate series of the Putnam ETF Trust (the “Trust”) that is registered as a management investment company under the Investment Company Act of 1940, as amended.
In accordance with Section 11, the Additional Portfolios provision, of the Master Transfer Agency and Service Agreement dated as of April 1, 2021 (as amended, the “Agreement”) by and between the Trust and State Street Bank and Trust Company (“State Street”), the Trust hereby requests that State Street act as Transfer Agent for the New Putman ETF Funds under the terms of the aforementioned contract effective as of January 18, 2023 (the “Effective Date”). In connection with such request, the Trust hereby confirms to you, as of the date hereof, its representations and warranties set forth in Section 4 of the Agreement. An updated Schedule A to the Agreement reflecting this addition is attached.
Kindly indicate your acceptance of the foregoing by executing this letter agreement and returning a copy to the Trust.
Sincerely,
PUTNAM ETF TRUST
By: /s/ Susan G. Malloy
Name: Susan G. Malloy
Title: Vice President and Assistant Treasurer
Agreed and Accepted:
STATE STREET BANK AND TRUST COMPANY
| By: | /s/ Stefanie B. Mansfield |
| Name: | Stefanie B. Mansfield |
| Title: | Managing Director, Global Relationship Management |
Exhibit A
New Putnam ETF Funds
Putnam ETF Trust
Putnam ESG Core Bond ETF
Putnam ESG High Yield ETF
Putnam ESG Ultra Short ETF
Putnam PanAgora ESG International Equity ETF
Putnam PanAgora ESG Emerging Markets Equity ETF
SCHEDULE A
TO
MASTER TRANSFER AGENCY AND SERVICE AGREEMENT
LIST OF PORTFOLIOS
Putnam ETF Trust
Putnam Focused Large Cap Growth ETF Putnam Focused Large Cap Value ETF Putnam Sustainable Future ETF
Putnam Sustainable Leaders ETF Putnam BDC Income ETF
Putnam Emerging Markets ex-China ETF Putnam BioRevolution ETF
Putnam ESG Core Bond ETF
Putnam ESG High Yield ETF
Putnam ESG Ultra Short ETF
Putnam PanAgora ESG Systematic International Equity ETF
Putnam PanAgora ESG Emerging Markets Equity ETF