0000928816-17-000605 Sample Contracts

PUTNAM INCOME FUND CLASS T DISTRIBUTION PLAN AND AGREEMENT
Distribution Plan and Agreement • February 28th, 2017 • Putnam Income Fund • Oil royalty traders

This Plan and Agreement (the “Plan”) constitutes the Distribution Plan for the Class T shares of Putnam Income Fund, a Massachusetts business trust (the “Trust”), adopted pursuant to the provisions of Rule 12b-1 under the Investment Company Act of 1940 (the “Act”) and the related agreement between the Trust and Putnam Retail Management Limited Partnership (“PRM”). During the effective term of this Plan, the Trust may incur expenses primarily intended to result in the sale of its Class T shares upon the terms and conditions hereinafter set forth:

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PUTNAM FUNDS SUB-MANAGEMENT CONTRACT
Putnam Funds Sub-Management Contract • February 28th, 2017 • Putnam Income Fund • Oil royalty traders

This Sub-Management Contract is dated as of February 27, 2014 between PUTNAM INVESTMENT MANAGEMENT, LLC, a Delaware limited liability company (the “Manager”) and PUTNAM INVESTMENTS LIMITED, a company organized under the laws of England and Wales (the “Sub-Manager”).

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