Dear Valued Shareholder,

This is [agent] with Alliance Advisors, contacting you on behalf of your Janus Henderson mutual fund and its Board of Trustees.

We are personally following up to ensure you've had the opportunity to review the information for the upcoming joint Special Meeting of Shareholders.

For your convenience, you may vote below or contact us at 1-855-206-2338 for assistance.

[Individual Link here]

At the meeting you are being asked to vote on a new advisory agreement to permit Janus Henderson to continue managing your mutual fund following the proposed acquisition of Janus Henderson by Trian and General Catalyst. There is no expected impact to your mutual fund as a result of this transaction.

For more information, you may also view the following video featuring an important message from Russ Shipman, Head of U.S. Direct Business: https://bcove.video/4lZFnTm

You may review the proposals here:

https://www.sec.gov/Archives/edgar/data/277751/000119312526085653/d871614ddef14a.htm

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