# EDGAR Filing Document

**Accession Number:** 0001359314
**File Stem:** 0001193125-25-170990
**Filing Date:** 2025-8
**Character Count:** 6603
**Document Hash:** 9c805993da32379fc2d60c5c03c964ec
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-170990.hdr.sgml**: 20250801

**ACCESSION NUMBER**: 0001193125-25-170990

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250801

**DATE AS OF CHANGE**: 20250801

**EFFECTIVENESS DATE**: 20250801

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Northwestern Mutual Variable Life Account II
- **CENTRAL INDEX KEY:** 0001359314

**ORGANIZATION NAME:**
- **EIN:** 390509570
- **STATE OF INCORPORATION:** WI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-136124
- **FILM NUMBER:** 251173898

**BUSINESS ADDRESS:**
- **STREET 1:** 720 EAST WISCONSIN AVENUE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-271-1444

**MAIL ADDRESS:**
- **STREET 1:** 720 EAST WISCONSIN AVENUE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### Northwestern Mutual Variable Life Account II (Series ID: S000013776)

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|  |  |
|:---|:---|
| Class Name                     | Class ID   |
| Custom Variable Universal Life | C000037773 |

---

## Series and Classes Contracts Data

### Northwestern Mutual Variable Life Account II (Series ID: S000013776)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000037773 | Custom Variable Universal Life |  |

THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY

**SUPPLEMENT TO THE PROSPECTUSES DATED MAY 1, 2025 AND JULY 1, 2025**

**NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT**

VARIABLE LIFE <br>VARIABLE COMPLIFE<sup>®</sup> <br>VARIABLE JOINT LIFE <br>VARIABLE EXECUTIVE LIFE

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**NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT II** <br>

CUSTOM VARIABLE UNIVERSAL LIFE <br>EXECUTIVE VARIABLE UNIVERSAL LIFE <br>SURVIVORSHIP VARIABLE UNIVERSAL LIFE

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This Supplement updates certain information in the most recent prospectuses, initial summary prospectuses and updating summary prospectuses, as applicable, for the above-referenced variable life policies and any supplements to the prospectuses, initial summary prospectuses and updating summary prospectuses (together the "Prospectuses"). You should read this Supplement in conjunction with your Prospectuses and retain it for future reference. Unless otherwise indicated, all other information included in the Prospectuses remains unchanged. The terms and section headings we use in this Supplement have the same meaning as in the Prospectuses. We will send you another copy of any prospectus or supplements without charge upon request.

**<u>Sub-Adviser Change for Domestic Equity Portfolio</u>**

Effective July 31, 2025, Putnam Investment Management, LLC replaced Delaware Investments Fund Advisers, a series of Macquarie Investment Management Business Trust, as the sub-adviser for the Domestic Equity Portfolio. Please note that with respect to this change, some systems and forms may temporarily reference the previous sub-adviser for this Portfolio.

**<u>Fee Waiver Change for Emerging Markets Equity Portfolio</u>**

Effective August 1, 2025, the Current Expenses for the **Emerging Markets Equity Portfolio** as set forth in Appendix A has changed from 0.89%<sup>1</sup> to 0.79%<sup>1</sup>.

**<u>Portfolio Name Change for Active/Passive All Equity Portfolio</u>**

Effective on or about September 30, 2025, the name of the **Active/Passive All Equity Portfolio** will be changed to **"Active/Passive Very Aggressive Portfolio"**. The Cover Sheet and Appendix A of the Prospectuses are amended to replace "**Active/Passive All Equity Portfolio"** with **"Active/Passive Very Aggressive Portfolio ("Active/Passive All Equity Portfolio" until 09/30/2025)"**. Please note that with respect to this change, some systems and forms may temporarily reference the previous Portfolio name.

**<u>Portfolio Name Change for Sustainable Equity Portfolio</u>**

Effective July 28, 2025, the name of the **Sustainable Equity Portfolio** changed to **"Quality Equity Portfolio"**. The Cover Sheet and Appendix A of the Prospectuses are amended to replace **"Sustainable Equity Portfolio"** with **"Quality Equity Portfolio (formerly "Sustainable Equity Portfolio")"**. Please note that with respect to this change, some systems and forms may temporarily reference the previous Portfolio name.

In light of the above changes, in **APPENDIX A—Portfolios Available under Your Policy**, the following rows in the table are amended to contain the following information.

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| | | | | |
|:---|:---|:---|:---|:---|
| **Investment Objective** | **Adviser/** <br> **Sub-adviser (if applicable)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2024)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2024)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2024)** |
| **Investment Objective** | **Adviser/** <br> **Sub-adviser (if applicable)** | **1 Year** | **5 Year** | **10 Year** |
| Long-term growth of <br> capital and income<br>**Domestic Equity** <br> **Portfolio**<sup>2</sup><br>| &nbsp;&nbsp; MSA/ Putnam Investment <br> Management, LLC<br>0.50%<sup>1</sup> <br>| 7.07% | 5.90% | 7.40% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment Objective** | **Adviser/** <br> **Sub-adviser (if applicable)** | **Current Expenses** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2024)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2024)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2024)** |
| **Investment Objective** | **Adviser/** <br> **Sub-adviser (if applicable)** | **Current Expenses** | **1 Year** | **5 Year** | **10 Year** |
| Capital appreciation<br> **Emerging Markets Equity** <br> **Portfolio**<sup>2</sup><br>| &nbsp;&nbsp; MSA/abrdn Investments <br> Limited<br>| 0.79%<sup>1</sup> <br>| 4.02% | 0.12% | 2.50% |
| Long-term growth of <br> capital<br>**Active/Passive Very** <br> **Aggressive Portfolio**<sup>2</sup> <br> **("Active/Passive All** <br> **Equity Portfolio" until** <br> **09/30/2025)**<br>| MSA | 0.66%<sup>1</sup> <br>| N/A | N/A | N/A |
| Long-term growth of <br> capital by investing <br> primarily in securities of <br> companies that meet the <br> Portfolio's environmental, <br> social and governance <br> criteria<br>**Quality Equity Portfolio**<sup>12</sup> <br> **(formerly "Sustainable** <br> **Equity Portfolio")**<br>| &nbsp;&nbsp; Neuberger Berman <br> Investment Advisers LLC<br>| 0.89% | 25.84% | 13.97% | 11.44% |

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This Supplement is dated August 1, 2025.

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