POWER OF ATTORNEY 

We, the undersigned Trustees and officers of each of the Trusts listed on Schedule A hereto, hereby severally constitute and appoint Kenneth R. Leibler, George Putnam, III, Jonathan S. Horwitz, Bryan Chegwidden and James E. Thomas, and each of them singly, our true and lawful attorneys, with full power to them and each of them, to sign for us, and in our names and in the capacities indicated below, the Registration Statements on Form N-14 of each of the Trusts listed on Schedule A hereto and any and all amendments (including post-effective amendments) to said Registration Statements and to file the same with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto our said attorneys, and each of them acting alone, full power and authority to do and perform each and every act and thing requisite or necessary to be done in the premises, as fully to all intents and purposes as he might or could do in person, and hereby ratify and confirm all that said attorneys or any of them may lawfully do or cause to be done by virtue thereof.

WITNESS my hand and seal on the date set forth below.

Signature	Title	Date
/s/ KENNETH R. LEIBLER	Chair of the Board and Trustee	January 31, 2019
Kenneth R. Leibler
/s/ ROBERT L. REYNOLDS	President and Trustee	January 31, 2019
Robert L. Reynolds
/s/ JONATHAN S. HORWITZ	Executive Vice President, Principal	February 6, 2019
Jonathan S. Horwitz	Executive Officer and Compliance
	Liaison
/s/ JANET C. SMITH	Vice President, Principal Financial
Janet C. Smith	Officer, Principal Accounting	January 31, 2019
	Officer and Assistant Treasurer
/s/ LIAQUAT AHAMED	Trustee	February 8, 2019
Liaquat Ahamed
/s/ BARBARA M. BAUMANN	Trustee	January 31, 2019
Barbara M. Baumann

/s/ KATINKA DOMOTORFFY	Trustee	January 31, 2019
Katinka Domotorffy
/s/ CATHARINE BOND HILL	Trustee	January 31, 2019
Catharine Bond Hill
/s/ PAUL L. JOSKOW	Trustee	January 31, 2019
Paul L. Joskow
/s/ GEORGE PUTNAM, III	Trustee	January 31, 2019
George Putnam, III
/s/ MANOJ P. SINGH	Trustee	January 31, 2019
Manoj P. Singh

Schedule A

Registration Statement of Putnam International Equity Fund on Form N-14 relating to the proposed merger of Putnam Europe Equity Fund with and into Putnam International Equity Fund.

Registration Statement of Putnam Funds Trust on Form N-14 relating to the proposed merger of Putnam Global Communications Fund with and into Putnam Global Technology Fund.

Registration Statement of Putnam Global Equity Fund on Form N-14 relating to the proposed merger of Putnam Global Consumer Fund, Putnam Global Financials Fund, Putnam Global Utilities Fund and Putnam Global Sector Fund with and into Putnam Global Equity Fund.

Registration Statement of Putnam Funds Trust on Form N-14 relating to the proposed merger of Putnam Global Natural Resources Fund with and into Putnam Global Industrials Fund.

Registration Statement of Putnam Variable Trust on Form N-14 relating to the proposed merger of Putnam VT Global Utilities Fund with and into Putnam VT Global Equity Fund.