# EDGAR Filing Document

**Accession Number:** 0001635984
**File Stem:** 0001635984-23-000007
**Filing Date:** 2023-3
**Character Count:** 28373
**Document Hash:** adffdf0ffba845ff955f8c5a750bf348
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001635984-23-000007.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001635984-23-000007

**CONFORMED SUBMISSION TYPE**: 10-K/A

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230327

**DATE AS OF CHANGE**: 20230327

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** National Western Life Group, Inc.
- **CENTRAL INDEX KEY:** 0001635984
- **STANDARD INDUSTRIAL CLASSIFICATION:** LIFE INSURANCE [6311]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 10-K/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-55522
- **FILM NUMBER:** 23764198

**BUSINESS ADDRESS:**
- **STREET 1:** C/O NATIONAL WESTERN LIFE INSURANCE CO.
- **STREET 2:** PO BOX 209080
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78720-9080
- **BUSINESS PHONE:** (512) 719-0143

**MAIL ADDRESS:**
- **STREET 1:** C/O NATIONAL WESTERN LIFE INSURANCE CO.
- **STREET 2:** PO BOX 209080
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78720-9080

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 10-K/A**

☒ **&nbsp;&nbsp;&nbsp;&nbsp; ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF**

**THE SECURITIES EXCHANGE ACT OF 1934**

**For the Fiscal Year Ended December 31, 2022**

☐ **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> to <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> 

Commission File Number: **000-55522** 

**NATIONAL WESTERN LIFE GROUP, INC.** 

(Exact name of Registrant as specified in its charter)

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| | |
|:---|:---|
| **Delaware** | **47-3339380** |
| (State of Incorporation) | (I.R.S. Employer Identification Number) |

---

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| | | | |
|:---|:---|:---|:---|
| **10801 N. Mopac Expy Bldg 3** | **10801 N. Mopac Expy Bldg 3** | | |
| **Austin,** | **Texas** | | |
| **78759** | **78759** | **(512)** | **836-1010** |
| (Address of Principal Executive Offices) (Zip Code) | (Address of Principal Executive Offices) (Zip Code) | (Telephone Number, including area code) | (Telephone Number, including area code) |

---

Securities registered pursuant to Section 12 (b) of the Act:

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| | | |
|:---|:---|:---|
| Title of each class to be so registered: | Trading Symbol | Name of each exchange on which<br>each class is to be registered: |
| **Class A Common Stock, $0.01 par value** | **NWLI** | **The NASDAQ Stock Market LLC** |

---

Securities registered pursuant to Section 12 (g) of the Act:

None

(Title of Class)

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐ No ☒

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes ☐ No ☒

Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days: Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☒ No ☐

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Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See definition of "accelerated filer." "large accelerated filer," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☒ Non-accelerated filer (Do not check if a smaller reporting company) ☐ Smaller reporting company ☐ Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal controls over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☒

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflects the correction of an error or previously issued financial statements. ☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

The aggregate market value of the common stock (based upon the closing price) held by non-affiliates of the Registrant on June 30, 2022 was $518,891,325.

As of March 13, 2023, the number of shares of Registrant's common stock outstanding was: Class A - 3,436,020 and Class B - 200,000.

**DOCUMENTS INCORPORATED BY REFERENCE**

Documents incorporated by reference: Portions of the registrant's definitive proxy statement for the annual meeting of stockholders to be held June 22, 2023, which will be filed within 120 days after December 31, 2022, are incorporated by reference into Part III of this report.

**EXPLANATORY NOTE**

This Amendment No. 1 on Form 10-K/A ("Amendment") amends National Western Life Group, Inc.'s (the "Company") previously filed Annual Report on Form 10-K for the fiscal year ended December 31, 2022 as filed on March 14, 2023 ("Original Filing"). This Amendment is being filed for the sole purpose of amending the Listing of Exhibits in Part IV Item 15 in the Original Filing which inadvertently omitted the listing of Exhibit 32(a) and to include the filing of Exhibit 32(a) as required pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

The Company's consolidated balance sheets and consolidated statements of earnings for the periods presented have not been restated from the consolidated balance sheets and consolidated statements of earnings reported in the Original Filing. The XBRL files are not included in this Amendment as there were no revisions made to the financial data in the Original Filing.

Except as expressly noted herein, this Amendment does not modify or update in any way disclosures made in the Original Filing. Accordingly, this Amendment should be read in conjunction with the Annual Report in the Original Filing. Pursuant to the Rules of the Securities and Exchange Commission, currently dated certifications from the Company's Chief Executive Officer and Chief Financial Officer as required by Sections 302 and 906 of the Sarbanes-Oxley Act of 2002 are filed or furnished herewith, as applicable.

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**ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES**

**(a) 1. Listing of Financial Statements**

See Attachment A, Index to Consolidated Financial Statements, Notes and Schedules, on page 92 of the Original Filing for a list of financial statements included in this report.

**(a) 2. Listing of Financial Statement Schedules**

See Attachment A, Index to Consolidated Financial Statements, Notes and Schedules, on page 92 of the Original Filing or a list of financial statement schedules included in this report.

All other schedules are omitted because they are not applicable, not required, or because the information required by the schedule is included elsewhere in the financial statements or notes.

------

**(a) 3. Listing of Exhibits**

The exhibits listed below, as part of Form 10-K, are numbered in accordance with the numbering used in Item 601 of Regulation S-K promulgated by the SEC.

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| | | | | |
|:---|:---|:---|:---|:---|
| | | Incorporated by Reference | Incorporated by Reference | Incorporated by Reference |
| Exhibit Number | Exhibit Description | Form | Exhibit | Filing Period of Date of Earliest Event Reports |
| 3.1 | Restated Certificate of Incorporation of National Western Life Group, Inc. |  |  |  |
| 3.2 | Bylaws of National Western Life Group, Inc. |  |  |  |
| 10(a) | Revolving Credit Loan Agreement with Moody National Bank | 8-K | <u>[10(ci)](https://www.sec.gov/Archives/edgar/data/70684/000007068409000040/exhibit10ci.htm)</u> | 8/31/2009 |
| 10(b) | Funds Withheld Coinsurance Agreement between National Western Life Insurance Company and Prosperity Life Assurance Limited effective as of January 6, 2021 (redacted) | 8-K | <u>[10(ac)](https://www.sec.gov/Archives/edgar/data/1635984/000163598421000002/exhibit10ac.htm)</u> | 1/6/2021 |
| 10(c) | Funds Withheld Coinsurance Agreement between National Western Life Insurance Company and Aspida Life Re Ltd. dated July 27, 2022 | 8-K | <u>[10(ag)](https://www.sec.gov/Archives/edgar/data/1635984/000163598422000022/exhibit10ag.htm)</u> | 7/27/2022 |
| 10(d) | Management/Consultant Agreement dated March 29, 2000 by and between Regent Care Operations, Limited Partnership and Regent Management Services, Limited Partnership. | 10-K/A | <u>[10(cp)](https://www.sec.gov/Archives/edgar/data/70684/000007068410000069/exhibit10cp.htm)</u> | 12/31/2009 |
| 10(e) | Management Agreement dated October 1, 2008 by and between Regent Care San Marcos B-3, Limited Partnership and Regent Management Services, Limited Partnership. | 10-K/A | <u>[10(cq)](https://www.sec.gov/Archives/edgar/data/70684/000007068410000069/exhibit10cq.htm)</u> | 12/31/2009 |
| 10(f) | Administrative Services Only Agreement dated January 1, 2001 by and between National Western Life Insurance Company and American National Insurance Company | 10-K/A | <u>[10(cr)](https://www.sec.gov/Archives/edgar/data/70684/000007068410000069/exhibit10cr.htm)</u> | 12/31/2009 |
| 10(g) | Premium Payment Agreement dated January 1, 2001 by and between National Western Life Insurance Company and American National Insurance Company | 10-K/A | <u>[10(cs)](https://www.sec.gov/Archives/edgar/data/70684/000007068410000069/exhibit10cs.htm)</u> | 12/31/2009 |
| 10(h) | Exchange Agreement by and among National Western Life Insurance Company, NWL Services, Inc., Alternative Benefit Management, Inc., and American National Insurance Company effective November 23, 1998 | 10-K405 | <u>[10(p)](https://www.sec.gov/Archives/edgar/data/70684/000007068499000002/0000070684-99-000002-index.htm)</u> | 12/31/1998 |
| 10(i) | Administrative Services Only Agreement dated January 1, 2001 by and between National Western Life Insurance Company and American National Insurance Company | 10-K/A | <u>[10(ct)](https://www.sec.gov/Archives/edgar/data/70684/000007068410000069/exhibit10ct.htm)</u> | 12/31/2009 |
| 10(j) | Premium Payment Agreement dated January 1, 2001 by and between National Western Life Insurance Company and American National Insurance Company | 10-K/A | <u>[10(cu)](https://www.sec.gov/Archives/edgar/data/70684/000007068410000069/exhibit10cu.htm)</u> | 12/31/2009 |
| 10(k)† | National Western Life Insurance Company 2022 Officer Bonus Program | 8-K | <u>[10(af)](https://www.sec.gov/Archives/edgar/data/1635984/000163598421000044/exhibitafchangeincontrolag.htm)</u> | 12/16/2021 |
| 10(l)† | National Western Life Insurance Company 2022 Chief Marketing Officer Bonus Program | 8-K | <u>[10(ad)](https://www.sec.gov/Archives/edgar/data/1635984/000163598421000041/exhibit10adnwl2021officerb.htm)</u> | 12/16/2021 |
| 10(m)† | National Western Life Insurance Company 2023 Officer Bonus Program | 8-K | <u>[10(ah)](https://www.sec.gov/Archives/edgar/data/1635984/000163598422000039/exhibit10ahnwl2023officerb.htm)</u> | 12/14/2022 |
| 10(n)† | National Western Life Insurance Company 2023 Chief Marketing Officer Bonus Program | 8-K | <u>[10(ai)](https://www.sec.gov/Archives/edgar/data/1635984/000163598422000039/exhibit10ainwl2023cmobonus.htm)</u> | 12/14/2022 |
| 10(o)† | Amended and Restated National Western Life Insurance Company Grandfathered Non-Qualified Defined Benefit Plan, effective as of December 31, 2004 | 10-K | <u>[10(cc)](https://www.sec.gov/Archives/edgar/data/70684/000007068409000010/exhibit10cc.htm)</u> | 12/31/2008 |
| 10(p)† | Amended and Restated National Western Life Insurance Company Non-Qualified Defined Benefit Plan, effective as of January 1, 2009 | 10-K | <u>[10(cd)](https://www.sec.gov/Archives/edgar/data/70684/000007068409000010/exhibit10cd.htm)</u> | 12/31/2008 |

---

------

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| | | | | |
|:---|:---|:---|:---|:---|
| 10(q)† | Amended and Restated National Western Life Insurance Company Non-Qualified Defined Benefit Plan for Robert L. Moody, Sr., effective as of January 1, 2009 | 10-K | <u>[10(ca)](https://www.sec.gov/Archives/edgar/data/70684/000007068409000010/exhibit10ca.htm)</u> | 12/31/2008 |
| 10(r)† | Amended and Restated Non-Qualified Defined Benefit Plan for Ross R. Moody, effective as of January 1, 2009 | 10-K | <u>[10(cb)](https://www.sec.gov/Archives/edgar/data/70684/000007068409000010/exhibit10cb.htm)</u> | 12/31/2008 |
| 10(s)† | Amended and Restated National Western Life Insurance Company Grandfathered Non-Qualified Deferred Compensation Plan, effective as of December 31, 2004 | 10-K | <u>[10(ce)](https://www.sec.gov/Archives/edgar/data/70684/000007068409000010/exhibit10ce.htm)</u> | 12/31/2008 |
| 10(t)† | Amended and Restated National Western Life Insurance Company Non-Qualified Deferred Compensation Plan, effective as of January 1, 2009 | 10-K | <u>[10(cf)](https://www.sec.gov/Archives/edgar/data/70684/000007068409000010/exhibit10cf.htm)</u> | 12/31/2008 |
| 10(u)† | Amended and Restated National Western Life Insurance Company Pension Plan, effective January 1, 2008 | 10-Q | <u>[10(co)](https://www.sec.gov/Archives/edgar/data/70684/000007068410000040/exhibit10co.htm)</u> | 3/31/2010 |
| 10(v)† | Amended and Restated National Western Life Insurance Company Group Excess Benefit Plan, effective May 1, 2009 | 10-Q | <u>[10(ch)](https://www.sec.gov/Archives/edgar/data/70684/000007068409000016/exhibit10ch.htm)</u> | 3/31/2009 |
| 10(w)† | National Western Life Insurance Company Change in Control Agreement Ross R. Moody | 8-K | <u>[10(af)](https://www.sec.gov/Archives/edgar/data/1635984/000163598421000044/exhibitafchangeincontrolag.htm)</u> | 12/14/2021 |
| 10(x)† | National Western Life Insurance Company Change in Control Agreement Rey Perez | 8-K | <u>[10(s)](https://www.sec.gov/Archives/edgar/data/1635984/000163598419000011/exhibit10s.htm)</u> | 3/6/2019 |
| 10(y)† | National Western Life Insurance Company Change in Control Agreement with Brian Pribyl dated February 28, 2019 | 10-K | <u>[10(p)](https://www.sec.gov/Archives/edgar/data/1635984/000163598419000009/nwlgi2018q410-kexx10p.htm)</u> | 12/31/2018 |
| 10(z)† | National Western Life Insurance Company Change in Control Agreement Kitty K. Nelson | 8-K | <u>[10(q)](https://www.sec.gov/Archives/edgar/data/1635984/000163598419000011/exhibit10q.htm)</u> | 3/6/2019 |
| 10(aa)† | National Western Life Insurance Company Change in Control Agreement Patricia L. Scheuer | 8-K | <u>[10(r)](https://www.sec.gov/Archives/edgar/data/1635984/000163598419000011/exhibit10r.htm)</u> | 3/6/2019 |
| 10(ab)† | National Western Life Insurance Company Change in Control Agreement R. Bruce Wallace | 8-K | <u>[10(t)](https://www.sec.gov/Archives/edgar/data/1635984/000163598419000011/exhibit10t.htm)</u> | 3/6/2019 |
| 10(ac)† | National Western Life Insurance Company Change in Control Agreement Steven W. Mills | 8-K | <u>[10(u)](https://www.sec.gov/Archives/edgar/data/1635984/000163598419000011/exhibit10u.htm)</u> | 3/6/2019 |
| 10(ad)† | National Western Life Insurance Company Change in Control Agreement Gregory J. Owen | 8-K | <u>[10(v)](https://www.sec.gov/Archives/edgar/data/1635984/000163598419000011/exhibit10v.htm)</u> | 3/6/2019 |
| 10(ae)† | National Western Life Insurance Company Change in Control Agreement Charles D. Milos | 8-K | <u>[10(w)](https://www.sec.gov/Archives/edgar/data/1635984/000163598419000011/exhibit10w.htm)</u> | 3/6/2019 |
| 10(af)† | National Western Life Insurance Company Change in Control Agreement Carlos A. Martinez | 8-K | <u>[10(x)](https://www.sec.gov/Archives/edgar/data/1635984/000163598419000011/exhibit10x.htm)</u> | 3/6/2019 |
| 10(ag)† | National Western Life Insurance Company Retirement Bonus Program for Robert L. Moody, Sr. | 8-K | <u>[10(bd)](https://www.sec.gov/Archives/edgar/data/70684/000007068405000058/exhibit10bd.htm)</u> | 12/15/2005 |
| 10(ah)† | Amended and Restated National Western Life Insurance Company Employee Health Plan, effective as of April 1, 2004 | 10-K | <u>[10(at)](https://www.sec.gov/Archives/edgar/data/70684/000007068405000014/exhibit10at.htm)</u> | 12/31/2004 |
| 10(ai)† | National Western Life Insurance Company 1995 Stock and Incentive Plan | 10-K | <u>[10(e)](https://www.sec.gov/Archives/edgar/data/70684/000007068496000004/0000070684-96-000004-index.htm)</u> | 12/31/1995 |
| 10(aj)† | First Amendment to the National Western Life Insurance Company 1995 Stock and Incentive Plan, effective June 19, 1998 | 10-Q | <u>[10(k)](https://www.sec.gov/Archives/edgar/data/70684/000007068498000006/0000070684-98-000006-index.htm)</u> | 6/30/1998 |
| 10(ak)† | Second Amendment to the National Western Life Insurance Company 1995 Stock and Incentive Plan | 10-Q | <u>[10(w)](https://www.sec.gov/Archives/edgar/data/70684/000007068401500018/exhibit10w.htm)</u> | 6/30/2001 |
| 10(al)† | Third Amendment to the National Western Life Insurance Company 1995 Stock and Incentive Plan | 10-Q | <u>[10(ar)](https://www.sec.gov/Archives/edgar/data/70684/000007068404000066/exhibit10ar.htm)</u> | 9/30/2004 |
| 10(am) | Amended and Restated National Western Life Group, Inc. Incentive Plan, effective December 14, 2022 |  |  |  |
| 21 | Subsidiaries of the Registrant |  |  |  |
| 23(a) | Consent of Independent Registered Public Accounting Firm |  |  |  |
| <u>[31(a)](nwlgi2022q410kex-31a10xka.htm)</u>\* | Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |  |  |  |

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| | |
|:---|:---|
| <u>[31(b)](nwlgi2022q410kex-31b10xka.htm)</u>\* | Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |
| <u>[32(a)](nwlgi2022q410qex-32a.htm)</u>\* | Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |

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**\*** Filed with this report.

† Management contract or compensatory plan or arrangement.

**(b) Exhibits**

Exhibits required by Regulation S-K are listed as to location in the Listing of Exhibits in Item 15.(a)3 above. Exhibits not referred to have been omitted as inapplicable or not required.

## Ex-31.A

**EXHIBIT 31(a)**

**CERTIFICATION**

I, Ross R. Moody, certify that:

1. I have reviewed this report on Form 10-K/A of National Western Life Group, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

---

| | | |
|:---|:---|:---|
| Date: | March 27, 2023 | /S/Ross R. Moody |
| | | Ross R. Moody |
| | | Chairman of the Board, President and |
| | | Chief Executive Officer |

---

## Ex-31.B

**EXHIBIT 31(b)**

**CERTIFICATION**

I, Brian M. Pribyl, certify that:

1. I have reviewed this report on Form 10-K/A of National Western Life Group, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

---

| | | |
|:---|:---|:---|
| Date: | March 27, 2023 | /S/ Brian M. Pribyl |
| | | Brian M. Pribyl |
| | | Senior Vice President, |
| | | Chief Financial Officer and |
| | | Treasurer |

---

## Ex-32.A

**EXHIBIT 32(a)**

**CERTIFICATION PURSUANT TO**

**18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO**

**SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002**

In connection with the Quarterly Report of National Western Life Group, Inc. ("Company") on Form 10-K/A for the period ended December 31, 2022 as filed with the Securities and Exchange Commission on or about the date hereof ("Report"), I, Ross R. Moody, Chairman of the Board, President, and Chief Executive Officer of the Company and I, Brian M. Pribyl, Senior Vice President, Chief Financial Officer, and Treasurer of the Company, each certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)to my knowledge, the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

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| | | |
|:---|:---|:---|
| Date: | March 27, 2023 | /S/Ross R. Moody |
|  |  | Ross R. Moody |
|  |  | Chairman of the Board, President and |
|  |  | Chief Executive Officer |
|  |  | /S/Brian M. Pribyl |
|  |  | Brian M. Pribyl |
|  |  | Senior Vice President, |
|  |  | Chief Financial Officer |
|  |  | and Treasurer |

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