# EDGAR Filing Document

**Accession Number:** 0001097666
**File Stem:** 0001104659-26-045708
**Filing Date:** 2026-4
**Character Count:** 86008
**Document Hash:** 75c15bc8cf9c42bc554866398da5cd5a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-045708.hdr.sgml**: 20260421

**ACCESSION NUMBER**: 0001104659-26-045708

**CONFORMED SUBMISSION TYPE**: N-VPFS

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260421

**DATE AS OF CHANGE**: 20260421

**EFFECTIVENESS DATE**: 20260421

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Prestige VARIABLE LIFE ACCOUNT
- **CENTRAL INDEX KEY:** 0001097666

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-VPFS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09667
- **FILM NUMBER:** 26876733

**BUSINESS ADDRESS:**
- **STREET 1:** 8515 EAST ORCHARD ROAD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111
- **BUSINESS PHONE:** 303-737-3000

**MAIL ADDRESS:**
- **STREET 1:** 8515 EAST ORCHARD ROAD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CANADA LIFE OF AMERICA VARIABLE LIFE ACCOUNT 1
- **DATE OF NAME CHANGE:** 19991025

## Series and Classes Contracts Data

### PRESTIGE VARIABLE LIFE ACCOUNT (Series ID: S000000680)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000081754 | GW Prestige  |  |

*Prestige Variable Life Account* 

*Financial Statements* 

*Year Ended December 31, 2025* 

*(With Report of Independent Registered Public Accounting Firm Thereon)*

 

**Report of Independent Registered Public Accounting Firm**

To Those Charged with Governance of Prestige Variable Life Account of Empower Annuity Insurance Company of America and Policy Holders of Prestige Variable Life Account:

*Opinion on the Financial Statements*

We have audited the accompanying statements of assets and liabilities of the subaccounts listed in the Appendix that comprise Prestige Variable Life Account (the Separate Account), as of December 31, 2025, the related statements of operations for the year then ended, the statements of changes in net assets for each of the years in the two-year period then ended, and the related notes (collectively, the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Separate Account as of December 31, 2025, the results of its operations for the year then ended, and the changes in its net assets for each of the years in the two-year period then ended, in conformity with U.S. generally accepted accounting principles.

*Basis for Opinion*

These financial statements are the responsibility of the Separate Account's management. Our responsibility is to express an opinion on these financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Separate Account in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Such procedures also included confirmation of securities owned as of December 31, 2025, by correspondence with the underlying mutual funds or their transfer agents; when replies were not received, we performed other appropriate auditing procedures. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

/s/ KPMG LLP<br>

We have served as the auditor of one or more Empower Annuity Insurance Company of America Separate Accounts since 2021.

Birmingham, Alabama<br> April 20, 2026

**Appendix**

Statement of assets and liabilities as of December 31, 2025, the related statement of operations for the year then ended, and statements of changes in net assets for each of the years in the two-year period then ended.

Alger Capital Appreciation Portfolio, Class I-2

Alger Large Cap Growth Portfolio, Class I-2

Alger Mid Cap Growth Portfolio, Class I-2

Alger Small Cap Growth Portfolio, Class I-2

BNY Mellon Sustainable U.S. Equity Portfolio, Inc., Initial Shares

BNY Mellon VIF Appreciation Portfolio, Initial Shares

BNY Mellon VIF Growth and Income Portfolio, Initial Shares

Columbia VP Select Small Cap Value Fund, Class 2

Columbia VP Seligman Global Technology Fund, Class 1

Columbia VP Seligman Global Technology Fund, Class 2

Fidelity VIP Asset Manager 50% Portfolio, Initial Class

Fidelity VIP Contrafund Portfolio, Initial Class

Fidelity VIP Government Money Market Portfolio, Initial Class

Fidelity VIP Growth Opportunities Portfolio, Initial Class

Fidelity VIP Growth Portfolio, Initial Class

Fidelity VIP High Income Portfolio, Initial Class

Fidelity VIP Index 500 Portfolio, Initial Class

Fidelity VIP Investment Grade Bond Portfolio, Initial Class

Fidelity VIP Overseas Portfolio, Initial Class

Goldman Sachs VIT Large Cap Value Fund, Institutional Class

Goldman Sachs VIT Strategic Growth Fund, Institutional Class

Goldman Sachs VIT U.S. Equity Insights Fund, Institutional Class

Janus Henderson VIT Flexible Bond Portfolio, Service Shares

Janus Henderson VIT Overseas Portfolio, Institutional Shares

NVIT Fidelity Institutional AM Emerging Markets Fund, Class D

VanEck VIP Emerging Markets Fund, Initial Class

VanEck VIP Global Resources Fund, Initial Class

**PRESTIGE VARIABLE LIFE ACCOUNT** 

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Alger Capital<br> Appreciation<br> Portfolio, Class<br> I-2 | Alger Large Cap<br> Growth<br> Portfolio, Class<br> I-2 | Alger Mid Cap<br> Growth<br> Portfolio, Class<br> I-2 | Alger Small Cap<br> Growth<br> Portfolio, Class<br> I-2 | BNY Mellon<br> Sustainable U.S.<br> Equity<br> Portfolio, Inc.,<br> Initial Shares | BNY Mellon<br> VIF<br> Appreciation<br> Portfolio,<br> Initial Shares | BNY Mellon<br> VIF Growth and<br> Income<br> Portfolio,<br> Initial Shares |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $330804 | $1872012 | $471918 | $391352 | $6664 | $1503494 | $488483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 330804 | 1872012 | 471918 | 391352 | 6664 | 1503494 | 488483 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | - | - | - | - | - | - | - |
| NET ASSETS | $330804 | $1872012 | $471918 | $391352 | $6664 | $1503494 | $488483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $128.85 | $103.17 | $23.82 | $18.64 | $58.50 | $33.67 | $39.78 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 2567 | 18145 | 19812 | 20995 | 114 | 44654 | 12280 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $238958 | $1244438 | $420200 | $455278 | $5281 | $1603431 | $379375 |

---

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

See accompanying notes to financial statements.

**PRESTIGE VARIABLE LIFE ACCOUNT** 

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Columbia VP<br> Select Small Cap<br> Value Fund,<br> Class 2 | Columbia VP<br> Seligman Global<br> Technology<br> Fund, Class 1 | Columbia VP<br> Seligman Global<br> Technology<br> Fund, Class 2 | Fidelity VIP<br> Asset Manager<br> 50% Portfolio,<br> Initial Class | Fidelity VIP<br> Contrafund<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Government<br> Money Market<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Growth<br> Opportunities<br> Portfolio, Initial<br> Class |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $91278 | $398068 | $7430 | $276980 | $1008684 | $154871 | $40979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 91278 | 398068 | 7430 | 276980 | 1008684 | 154871 | 40979 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | - | - | - | 13399 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | - | - | - | - | - | 13399 | - |
| NET ASSETS | $91278 | $398068 | $7430 | $276980 | $1008684 | $141472 | $40979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $40.33 | $41.85 | $33.97 | $17.62 | $59.89 | $1.00 | $99.69 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 2263 | 9512 | 219 | 15720 | 16843 | 154871 | 411 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $56134 | $243203 | $6362 | $247117 | $695814 | $154871 | $23045 |

---

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Continued)

See accompanying notes to financial statements.

**PRESTIGE VARIABLE LIFE ACCOUNT** 

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Fidelity VIP<br> Growth<br> Portfolio,<br> Initial Class | Fidelity VIP<br> High Income<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Index 500<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Investment<br> Grade Bond<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Overseas<br> Portfolio,<br> Initial Class | Goldman Sachs<br> VIT Large Cap<br> Value Fund,<br> Institutional<br> Class | Goldman Sachs<br> VIT Strategic<br> Growth Fund,<br> Institutional<br> Class |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $1895922 | $41922 | $3277431 | $235332 | $268576 | $1420520 | $42544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 1895922 | 41922 | 3277431 | 235332 | 268576 | 1420520 | 42544 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | 258 | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | - | - | 258 | - | - | - | - |
| NET ASSETS | $1895922 | $41922 | $3277173 | $235332 | $268576 | $1420520 | $42544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $97.72 | $4.88 | $660.13 | $11.36 | $27.52 | $8.18 | $15.49 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 19402 | 8591 | 4965 | 20716 | 9760 | 173658 | 2747 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $1575453 | $42623 | $1114677 | $254037 | $223667 | $1560614 | $33556 |

---

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Continued)

See accompanying notes to financial statements.

**PRESTIGE VARIABLE LIFE ACCOUNT** 

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Goldman Sachs<br> VIT U.S. Equity<br> Insights Fund,<br> Institutional<br> Class | Janus Henderson<br> VIT Flexible<br> Bond Portfolio,<br> Service Shares | Janus Henderson<br> VIT Overseas<br> Portfolio,<br> Institutional<br> Shares | NVIT Fidelity<br> Institutional<br> AM Emerging<br> Markets Fund,<br> Class D | VanEck VIP<br> Emerging<br> Markets Fund,<br> Initial Class | VanEck VIP<br> Global<br> Resources Fund,<br> Initial Class |
| ASSETS: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $188719 | $24841 | $128939 | $57476 | $21419 | $8728 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 188719 | 24841 | 128939 | 57476 | 21419 | 8728 |
| LIABILITIES: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | - | - | - | - | - | - |
| NET ASSETS | $188719 | $24841 | $128939 | $57476 | $21419 | $8728 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $21.79 | $11.14 | $55.82 | $14.62 | $11.83 | $33.51 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 8661 | 2230 | 2310 | 3931 | 1811 | 261 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $171120 | $25679 | $82214 | $45040 | $20668 | $6232 |

---

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Concluded)

See accompanying notes to financial statements.

**PRESTIGE VARIABLE LIFE ACCOUNT** 

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Alger Capital<br> Appreciation<br> Portfolio, Class<br> I-2 | Alger Large Cap<br> Growth<br> Portfolio, Class<br> I-2 | Alger Mid Cap<br> Growth<br> Portfolio, Class<br> I-2 | Alger Small Cap<br> Growth<br> Portfolio, Class<br> I-2 | BNY Mellon<br> Sustainable U.S.<br> Equity Portfolio,<br> Inc., Initial<br> Shares | BNY Mellon<br> VIF<br> Appreciation<br> Portfolio,<br> Initial Shares | BNY Mellon<br> VIF Growth and<br> Income<br> Portfolio,<br> Initial Shares |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $- | $- | $- | $- | $17 | $4962 | $2025 |
| TOTAL INVESTMENT INCOME | - | - | - | - | 17 | 4962 | 2025 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 11399 | 83059 | 11993 | (9013) | 207 | (3068) | 8963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 52048 | 201301 | - | 4529 | 535 | 199141 | 34373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 63447 | 284360 | 11993 | (4484) | 742 | 196073 | 43336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 19718 | 176203 | 60984 | 30058 | 189 | (69830) | 25311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 83165 | 460563 | 72977 | 25574 | 931 | 126243 | 68647 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $83165 | $460563 | $72977 | $25574 | $948 | $131205 | $70672 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

See accompanying notes to financial statements.

**PRESTIGE VARIABLE LIFE ACCOUNT** 

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Columbia VP<br> Select Small Cap<br> Value Fund,<br> Class 2 | Columbia VP<br> Seligman Global<br> Technology<br> Fund, Class 1 | Columbia VP<br> Seligman Global<br> Technology<br> Fund, Class 2 | Fidelity VIP<br> Asset Manager<br> 50% Portfolio,<br> Initial Class | Fidelity VIP<br> Contrafund<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Government<br> Money Market<br> Portfolio, Initial<br> Class | Fidelity VIP<br> Growth<br> Opportunities<br> Portfolio, Initial<br> Class |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $- | $- | $- | $6673 | $1314 | $6643 | $- |
| TOTAL INVESTMENT INCOME | - | - | - | 6673 | 1314 | 6643 | - |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 2628 | 16839 | 735 | 2299 | 17972 |  | 959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | - | 29860 | 682 | 11961 | 149344 | - | 568 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 2628 | 46699 | 1417 | 14260 | 167316 | - | 1527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 2834 | 58094 | 471 | 15565 | 10989 | - | 5991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 5462 | 104793 | 1888 | 29825 | 178305 | - | 7518 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $5462 | $104793 | $1888 | $36498 | $179619 | $6643 | $7518 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

See accompanying notes to financial statements.

**PRESTIGE VARIABLE LIFE ACCOUNT** 

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Fidelity VIP<br> Growth<br> Portfolio,<br> Initial Class | Fidelity VIP<br> High Income<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Index 500<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Investment<br> Grade Bond<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Overseas<br> Portfolio,<br> Initial Class | Goldman Sachs<br> VIT Large Cap<br> Value Fund,<br> Institutional<br> Class | Goldman Sachs<br> VIT Strategic<br> Growth Fund,<br> Institutional<br> Class |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $5138 | $2634 | $35116 | $8206 | $4163 | $14640 | $- |
| TOTAL INVESTMENT INCOME | 5138 | 2634 | 35116 | 8206 | 4163 | 14640 | - |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 27617 | (299) | 88761 | (3659) | 9596 | (2836) | 1319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 227507 | - | 15502 | - | 23174 | 182108 | 6301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 255124 | (299) | 104263 | (3659) | 32770 | 179272 | 7620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (16639) | 1330 | 360520 | 11032 | 9692 | (58419) | (837) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 238485 | 1031 | 464783 | 7373 | 42462 | 120853 | 6783 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $243623 | $3665 | $499899 | $15579 | $46625 | $135493 | $6783 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

See accompanying notes to financial statements.

**PRESTIGE VARIABLE LIFE ACCOUNT** 

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Goldman Sachs<br> VIT U.S. Equity<br> Insights Fund,<br> Institutional<br> Class | Janus Henderson<br> VIT Flexible<br> Bond Portfolio,<br> Service Shares | Janus Henderson<br> VIT Overseas<br> Portfolio,<br> Institutional<br> Shares | NVIT Fidelity<br> Institutional<br> AM Emerging<br> Markets Fund,<br> Class D | VanEck VIP<br> Emerging<br> Markets Fund,<br> Initial Class | VanEck VIP<br> Global<br> Resources Fund,<br> Initial Class |
| INVESTMENT INCOME: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $1253 | $1164 | $1664 | $154 | $135 | $189 |
| TOTAL INVESTMENT INCOME | 1253 | 1164 | 1664 | 154 | 135 | 189 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 5659 | (627) | 4084 | 25 | (250) | 51 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 23717 | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 29376 | (627) | 4084 | 25 | (250) | 51 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (4092) | 1144 | 22794 | 14081 | 4968 | 2096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 25284 | 517 | 26878 | 14106 | 4718 | 2147 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $26537 | $1681 | $28542 | $14260 | $4853 | $2336 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Concluded)

See accompanying notes to financial statements.

**PRESTIGE VARIABLE LIFE ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Alger Capital<br> Appreciation<br> Portfolio, Class<br> I-2 | Alger Large Cap<br> Growth<br> Portfolio, Class<br> I-2 | Alger Mid Cap<br> Growth<br> Portfolio, Class<br> I-2 | Alger Small Cap<br> Growth<br> Portfolio, Class<br> I-2 | BNY Mellon<br> Sustainable U.S.<br> Equity<br> Portfolio, Inc.,<br> Initial Shares | BNY Mellon<br> VIF<br> Appreciation<br> Portfolio,<br> Initial Shares | BNY Mellon<br> VIF Growth and<br> Income<br> Portfolio,<br> Initial Shares |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investment income | $- | $- | $- | $- | $17 | $4962 | $2025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 63447 | 284360 | 11993 | (4484) | 742 | 196073 | 43336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 19718 | 176203 | 60984 | 30058 | 189 | (69830) | 25311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 83165 | 460563 | 72977 | 25574 | 948 | 131205 | 70672 |
| POLICY TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy owners' net payments | 4519 | 24478 | 7934 | 13375 | 1875 | 15219 | 5628 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy maintenance charges | (8648) | (31918) | (9201) | (12304) | (2604) | (18604) | (15530) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy owners' benefits | (17622) |  | (9502) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 15550 | (122404) | (19182) | 14592 | 10 | 73049 | (2418) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Policy transactions | (6201) | (129844) | (29951) | 15663 | (719) | 69664 | (12320) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 76964 | 330719 | 43026 | 41237 | 229 | 200869 | 58352 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 253840 | 1541293 | 428892 | 350115 | 6435 | 1302625 | 430131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;End of period | $330804 | $1872012 | $471918 | $391352 | $6664 | $1503494 | $488483 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

See accompanying notes to financial statements.

**PRESTIGE VARIABLE LIFE ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Columbia VP<br> Select Small Cap<br> Value Fund,<br> Class 2 | Columbia VP<br> Seligman Global<br> Technology<br> Fund, Class 1 | Columbia VP<br> Seligman Global<br> Technology<br> Fund, Class 2 | Fidelity VIP<br> Asset Manager<br> 50% Portfolio,<br> Initial Class | Fidelity VIP<br> Contrafund<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Government<br> Money Market<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Growth<br> Opportunities<br> Portfolio, Initial<br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investment income | $- | $- | $- | $6673 | $1314 | $6643 | $- |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 2628 | 46699 | 1417 | 14260 | 167316 |  | 1527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 2834 | 58094 | 471 | 15565 | 10989 | - | 5991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 5462 | 104793 | 1888 | 36498 | 179619 | 6643 | 7518 |
| POLICY TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy owners' net payments | 1669 | 4124 | 7135 | 8082 | 13285 | 162125 | 459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy maintenance charges | (4577) | (6247) | (7521) | (12977) | (26487) | (157629) | (824) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy owners' benefits |  | (22814) |  | (9557) |  | (115808) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (836) | (9224) | (1) | 5586 | (12190) | 77351 | (270) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Policy transactions | (3744) | (34161) | (387) | (8866) | (25392) | (33961) | (635) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 1718 | 70632 | 1501 | 27632 | 154227 | (27318) | 6883 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 89560 | 327436 | 5929 | 249348 | 854457 | 168790 | 34096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;End of period | $91278 | $398068 | $7430 | $276980 | $1008684 | $141472 | $40979 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

See accompanying notes to financial statements.

**PRESTIGE VARIABLE LIFE ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Fidelity VIP<br> Growth<br> Portfolio,<br> Initial Class | Fidelity VIP<br> High Income<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Index 500<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Investment<br> Grade Bond<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Overseas<br> Portfolio,<br> Initial Class | Goldman Sachs<br> VIT Large Cap<br> Value Fund,<br> Institutional<br> Class | Goldman Sachs<br> VIT Strategic<br> Growth Fund,<br> Institutional<br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investment income | $5138 | $2634 | $35116 | $8206 | $4163 | $14640 | $- |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 255124 | (299) | 104263 | (3659) | 32770 | 179272 | 7620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (16639) | 1330 | 360520 | 11032 | 9692 | (58419) | (837) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 243623 | 3665 | 499899 | 15579 | 46625 | 135493 | 6783 |
| POLICY TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy owners' net payments | 17794 | 678 | 17149 | 5602 | 5456 | 15753 | 326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy maintenance charges | (21490) | (1928) | (67545) | (5269) | (8762) | (15838) | (2260) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy owners' benefits | (24545) | (55) | (28383) | (6528) | (7308) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 11336 | 9621 | (14070) | 7454 | 543 | 24905 | (836) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Policy transactions | (16905) | 8316 | (92849) | 1259 | (10071) | 24820 | (2770) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 226718 | 11981 | 407050 | 16838 | 36554 | 160313 | 4013 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 1669204 | 29941 | 2870123 | 218494 | 232022 | 1260207 | 38531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;End of period | $1895922 | $41922 | $3277173 | $235332 | $268576 | $1420520 | $42544 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

See accompanying notes to financial statements.

**PRESTIGE VARIABLE LIFE ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Goldman Sachs<br> VIT U.S. Equity<br> Insights Fund,<br> Institutional<br> Class | Janus Henderson<br> VIT Flexible<br> Bond Portfolio,<br> Service Shares | Janus Henderson<br> VIT Overseas<br> Portfolio,<br> Institutional<br> Shares | NVIT Fidelity<br> Institutional<br> AM Emerging<br> Markets Fund,<br> Class D | VanEck VIP<br> Emerging<br> Markets Fund,<br> Initial Class | VanEck VIP<br> Global<br> Resources Fund,<br> Initial Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investment income | $1253 | $1164 | $1664 | $154 | $135 | $189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 29376 | (627) | 4084 | 25 | (250) | 51 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (4092) | 1144 | 22794 | 14081 | 4968 | 2096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 26537 | 1681 | 28542 | 14260 | 4853 | 2336 |
| POLICY TRANSACTIONS: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy owners' net payments | 4406 | 295 | 4392 | 1365 | 1474 | 226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy maintenance charges | (10064) | (992) | (8773) | (839) | (648) | (225) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy owners' benefits |  |  | (62) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (6949) | 8956 | 9418 | 15736 | (326) | 324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Policy transactions | (12607) | 8259 | 4975 | 16262 | 500 | 325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 13930 | 9940 | 33517 | 30522 | 5353 | 2661 |
| NET ASSETS: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 174789 | 14901 | 95422 | 26954 | 16066 | 6067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;End of period | $188719 | $24841 | $128939 | $57476 | $21419 | $8728 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

See accompanying notes to financial statements.

**PRESTIGE VARIABLE LIFE ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Alger Capital<br> Appreciation<br> Portfolio, <br> Class I-2 | Alger Large Cap<br> Growth<br> Portfolio, <br> Class I-2 | Alger Mid Cap<br> Growth<br> Portfolio, <br> Class I-2 | Alger Small Cap<br> Growth<br> Portfolio, <br> Class I-2 | BNY Mellon<br> Sustainable U.S.<br> Equity<br> Portfolio, Inc.,<br> Initial Shares | BNY Mellon<br> VIF<br> Appreciation<br> Portfolio,<br> Initial Shares | BNY Mellon<br> VIF Growth and<br> Income<br> Portfolio,<br> Initial Shares |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investment income | $- | $- | $- | $1339 | $35 | $5019 | $2201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 4933 | 92611 | 3828 | (29938) | 617 | 79955 | 34431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 78820 | 427060 | 77817 | 56577 | 741 | 47147 | 46891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 83753 | 519671 | 81645 | 27978 | 1393 | 132121 | 83523 |
| POLICY TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy owners' net payments | 4713 | 25111 | 6609 | 13516 | 1690 | 19919 | 10633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy maintenance charges | (8609) | (32201) | (9676) | (12622) | (2477) | (34735) | (32678) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy owners' benefits | (17758) | (13577) | (52799) | (49175) |  |  | (11362) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 5253 | (172884) | (10742) | 8576 | (73) | 114492 | (3824) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Policy transactions | (16401) | (193551) | (66608) | (39705) | (860) | 99676 | (37231) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 67352 | 326120 | 15037 | (11727) | 533 | 231797 | 46292 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 186488 | 1215173 | 413855 | 361842 | 5902 | 1070828 | 383839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;End of period | $253840 | $1541293 | $428892 | $350115 | $6435 | $1302625 | $430131 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

See accompanying notes to financial statements.

**PRESTIGE VARIABLE LIFE ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Columbia VP<br> Select Small Cap<br> Value Fund,<br> Class 2 | Columbia VP<br> Seligman Global<br> Technology<br> Fund, Class 1 | Columbia VP<br> Seligman Global<br> Technology<br> Fund, Class 2 | Fidelity VIP<br> Asset Manager<br> 50% Portfolio,<br> Initial Class | Fidelity VIP<br> Contrafund<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Government<br> Money Market<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Growth<br> Opportunities<br> Portfolio, Initial<br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investment income | $- | $- | $- | $6055 | $1499 | $9497 | $- |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 1943 | 44179 | 6201 | 2554 | 116011 |  | 730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 9092 | 32018 | (1004) | 11035 | 103528 | - | 8907 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 11035 | 76197 | 5197 | 19644 | 221038 | 9497 | 9637 |
| POLICY TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy owners' net payments | 1669 | 4615 | 7135 | 9341 | 13428 | 152146 | 770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy maintenance charges | (4505) | (7321) | (7110) | (12350) | (29086) | (155719) | (771) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy owners' benefits |  | (50128) | (28535) |  | (11745) | (53495) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 4000 | (8816) | (1346) | 3221 | (6504) | (19946) | (582) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Policy transactions | 1164 | (61650) | (29856) | 212 | (33907) | (77014) | (583) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 12199 | 14547 | (24659) | 19856 | 187131 | (67517) | 9054 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 77361 | 312889 | 30588 | 229492 | 667326 | 236307 | 25042 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;End of period | $89560 | $327436 | $5929 | $249348 | $854457 | $168790 | $34096 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

See accompanying notes to financial statements.

**PRESTIGE VARIABLE LIFE ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Fidelity VIP<br> Growth<br> Portfolio,<br> Initial Class | Fidelity VIP<br> High Income<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Index 500<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Investment<br> Grade Bond<br> Portfolio,<br> Initial Class | Fidelity VIP<br> Overseas<br> Portfolio,<br> Initial Class | Goldman Sachs<br> VIT Large Cap<br> Value Fund,<br> Institutional<br> Class | Goldman Sachs<br> VIT Strategic<br> Growth Fund,<br> Institutional<br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investment income | $14 | $1763 | $34599 | $7379 | $3872 | $16238 | $- |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 420662 | (211) | 104126 | (1354) | 13933 | 138085 | 2580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (15628) | 668 | 448379 | (2125) | (6894) | 16696 | 9216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 405048 | 2220 | 587104 | 3900 | 10911 | 171019 | 11796 |
| POLICY TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy owners' net payments | 23228 | 971 | 17462 | 5883 | 4367 | 20413 | 326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy maintenance charges | (39099) | (2098) | (70022) | (5701) | (8025) | (32528) | (2334) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy owners' benefits | (37273) |  | (62329) |  |  |  | (14232) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (44153) | 5365 | (15768) | 15934 | 6775 | 79443 | 95 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Policy transactions | (97297) | 4238 | (130657) | 16116 | 3117 | 67328 | (16145) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 307751 | 6458 | 456447 | 20016 | 14028 | 238347 | (4349) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 1361453 | 23483 | 2413676 | 198478 | 217994 | 1021860 | 42880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;End of period | $1669204 | $29941 | $2870123 | $218494 | $232022 | $1260207 | $38531 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Continued)

See accompanying notes to financial statements.

**PRESTIGE VARIABLE LIFE ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Goldman Sachs<br> VIT U.S. Equity<br> Insights Fund,<br> Institutional<br> Class | Janus Henderson<br> VIT Flexible<br> Bond Portfolio,<br> Service Shares | Janus Henderson<br> VIT Overseas<br> Portfolio,<br> Institutional<br> Shares | NVIT Fidelity<br> Institutional<br> AM Emerging<br> Markets Fund,<br> Class D | VanEck VIP<br> Emerging<br> Markets Fund,<br> Initial Class | VanEck VIP<br> Global<br> Resources Fund,<br> Initial Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investment income | $1088 | $572 | $1329 | $272 | $282 | $169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 29277 | (139) | 2592 | (47) | (147) | 59 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 10305 | (279) | 1313 | 907 | 22 | (419) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 40670 | 154 | 5234 | 1132 | 157 | (191) |
| POLICY TRANSACTIONS: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy owners' net payments | 4372 | 376 | 2482 | 1203 | 1282 | 226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy maintenance charges | (9990) | (904) | (8006) | (578) | (632) | (223) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Policy owners' benefits |  |  | (495) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (13911) | 3192 | 6946 | 6596 | 72 | 60 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Policy transactions | (19529) | 2664 | 927 | 7221 | 722 | 63 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 21141 | 2818 | 6161 | 8353 | 879 | (128) |
| NET ASSETS: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 153648 | 12083 | 89261 | 18601 | 15187 | 6195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;End of period | $174789 | $14901 | $95422 | $26954 | $16066 | $6067 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Concluded)

See accompanying notes to financial statements.

PRESTIGE VARIABLE LIFE ACCOUNT

NOTES TO FINANCIAL STATEMENTS<br> YEAR ENDED DECEMBER 31, 2025

1. ORGANIZATION

Effective August 1, 2022, Great West Life & Annuity Insurance Company is now known as Empower Annuity Insurance Company of America (the Company). The Prestige Variable Life Account (the Separate Account), a Separate Account of the Company, is registered as a unit investment trust under the Investment Company Act of 1940, as amended, and exists in accordance with regulations of the Colorado Division of Insurance.

Under applicable insurance law, the assets and liabilities of the Separate Account are clearly identified and distinguished from the Company's other assets and liabilities. The portion of the Separate Account's assets applicable to the variable life policies (the "Policies") is not chargeable with liabilities arising out of any other business the Company may conduct.

The Separate Account is a funding vehicle for individual variable life insurance Policies; it consists of a number of Subaccounts (the "Subaccounts"), also commonly referred to as investment divisions or funds, each of which is treated as an individual accounting entity for financial reporting purposes. The Separate Account's value at any time is allocated among Policy owners based on the number and value of their units representing their interest in the Subaccounts of the Separate Account; all of the investible assets of the Separate Account are invested in the corresponding mutual funds.

The Separate Account has identified the Chief Product Officer – Protection Division as the chief operating decision maker ("CODM"). The Separate Account is comprised of multiple Subaccounts, each of which constitutes an operating segment. The CODM uses significant performance measures of the Subaccounts, such as the total return ratio, investment income ratio, and expense ratio to make operational decisions for the Separate Account. Segment assets are reflected on the Statements of Assets and Liabilities as Total assets, and significant segment expenses are listed on the Statements of Operations.

Policy owners' net payments are allocated to the Subaccounts in accordance with Policy owner instructions and are recorded as Policy owners' net payments in the Statements of Changes in Net Assets. Such amounts are used to provide account funds to pay Policy values under the Policies. New Policies are no longer being sold under the products in the Separate Account, but owners of existing Policies may make additional deposits.

The following is the variable life insurance product funded by the Separate Account:

Prestige

For the years or periods ended December 31, 2025 and 2024, the Separate Account offered up to 27 available Subaccount investment options, as follows:

Alger Capital Appreciation Portfolio, Class I-2

Alger Large Cap Growth Portfolio, Class I-2

Alger Mid Cap Growth Portfolio, Class I-2

Alger Small Cap Growth Portfolio, Class I-2

BNY Mellon Sustainable U.S. Equity Portfolio, Inc., Initial Shares

BNY Mellon VIF Appreciation Portfolio, Initial Shares

BNY Mellon VIF Growth and Income Portfolio, Initial Shares

Columbia VP Select Small Cap Value Fund, Class 2

Columbia VP Seligman Global Technology Fund, Class 1

Columbia VP Seligman Global Technology Fund, Class 2

Fidelity VIP Asset Manager 50% Portfolio, Initial Class <sup>(a)</sup>

Fidelity VIP Contrafund Portfolio, Initial Class

Fidelity VIP Government Money Market Portfolio, Initial Class

Fidelity VIP Growth Opportunities Portfolio, Initial Class

Fidelity VIP Growth Portfolio, Initial Class

Fidelity VIP High Income Portfolio, Initial Class

Fidelity VIP Index 500 Portfolio, Initial Class

Fidelity VIP Investment Grade Bond Portfolio, Initial Class

Fidelity VIP Overseas Portfolio, Initial Class

Goldman Sachs VIT Large Cap Value Fund, Institutional Class

Goldman Sachs VIT Strategic Growth Fund, Institutional Class

Goldman Sachs VIT U.S. Equity Insights Fund, Institutional Class

Janus Henderson VIT Flexible Bond Portfolio, Service Shares

Janus Henderson VIT Overseas Portfolio, Institutional Shares

NVIT Fidelity Institutional AM Emerging Markets Fund, Class D <sup>(a)</sup>

VanEck VIP Emerging Markets Fund, Initial Class

VanEck VIP Global Resources Fund, Initial Class

<sup>(a)</sup> See Subaccount Changes table below

<u>Subaccount Changes: Name Changes</u>

During 2025, the following Subaccounts changed their names:

---

| | | |
|:---|:---|:---|
| <u>Previous Name</u> | <u>New Name</u> | <u>Date of Change</u> |
| Fidelity VIP Asset Manager Portfolio, Initial Class | Fidelity VIP Asset Manager 50% Portfolio, Initial Class | April 30, 2025 |
| NVIT Emerging Markets Fund, Class D | NVIT Fidelity Institutional AM Emerging Markets Fund, Class D | March 3, 2025 |

---

The financial statements are presented based on the periods noted in the above Subaccount Changes table which may result in the exclusion from certain financial statements.

The Separate Account is an investment company and, therefore, applies specialized accounting guidance in accordance with the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 "Financial Services — Investment Companies".

2. SIGNIFICANT ACCOUNTING POLICIES

The following is a summary of the significant accounting policies of the Separate Account.

<u>Investment valuation</u>

Investments are made and measured in shares and are presented net of management fees and other operating expenses incurred by the Subaccounts. The investments are valued at the net asset values of the mutual funds, which value their investment securities at fair value. Transactions with the mutual funds are recognized on the trade date.

The Separate Account classifies its valuations into three levels based upon the observability of inputs to the valuation of the Separate Account's investments. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. When considering market participant assumptions in fair value measurements, the following fair value hierarchy distinguishes between observable and unobservable inputs, which are categorized in one of the following levels:

Level 1 – Unadjusted quoted prices for identical securities in active markets.

Level 2 – Inputs other than quoted prices included in Level 1 that are observable either directly or indirectly. These may include quoted prices for similar assets in active markets.

Level 3 – Unobservable inputs to the extent observable inputs are not available and may include prices obtained from single broker quotes. Unobservable inputs reflect the reporting entity's own assumptions and would be based on the best information available under the circumstances.

The Separate Account determines the fair values of certain financial assets based on quoted market prices. All of the investments in the Subaccounts of the Separate Account are classified as Level 1 in the fair value hierarchy and consist of open-ended mutual funds. Participants may, without restriction, transact at the daily net asset value ("NAV") of the mutual funds. The NAV represents the daily per share value based on the fair value of the underlying portfolio of investments of the respective Subaccounts.

<u>Receivables and payables from (to) the Policies and the fund manager</u>

Receivables and payables from (to) the Policies and the fund manager include trading activity initiated at the Policy level from the last business day of the year that has not yet been settled with the fund manager.

<u>Receivables and payables from (to) the Company</u>

Receivables and payables from (to) the Company include accruals for the variance between investments and reserves applicable to the Subaccount.

<u>Receivable from dividends</u>

Receivable from dividends include dividends declared by the fund managers that have not yet been reinvested in accordance with the Subaccounts' designated reinvestment dates.

<u>Dividend income and capital gain distributions</u>

Dividend income and capital gain distributions are recorded on the ex-dividend date and are reinvested in additional shares of the mutual funds. Ordinary dividend and capital gain distributions are recognized within net investment income and net realized gains, respectively, as recorded in the financial statements of the Subaccounts.

<u>Net realized gains and losses</u>

Net realized gains and losses on investments include gains and losses on redemptions of the Subaccounts' shares (determined for each product using the first-in-first-out (FIFO) basis) and capital gain distributions from the mutual funds.

<u>Net transfers (to) from the Company and/or Subaccounts</u>

Net transfers (to) from the Company and Subaccounts include transfers between the Subaccounts of the Separate Account as well as transfers between the Separate Account and the Company.

<u>Federal income taxes</u>

The results of the operations of the Separate Account are included in the federal income tax return of the Company. Under the provisions of the Policies, the Company has the right to charge the Separate Account for federal income tax attributable to the Separate Account. No charge has been made against the Separate Account for such tax during the year ended December 31, 2025. Management will periodically review the application of this policy in the event of changes in tax law. Accordingly, a change may be made in future years to consider charges for any federal income taxes that would be attributable to the Policies.

<u>Use of estimates</u>

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP) requires management to make estimates and assumptions that could affect the reported amounts of assets and liabilities, as well as the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from the estimates reported in the accompanying financial statements.

<u>Risks and uncertainties</u>

The Separate Account provides for various investment options in any combination of Subaccounts, each of which bears exposure to the market, credit, and liquidity risks of the underlying portfolio in which it invests. Due to the level of risk associated with certain investments and the level of uncertainty related to changes in the value of investments, it is at least reasonably possible that changes in risks in the near term could materially affect investment balances, the amounts reported in the statements of assets and liabilities, of operations and of changes in net assets. Accordingly, these financial statements should be read in conjunction with the financial statements and notes of the underlying Subaccounts identified in note 1, Organization.

3. PURCHASES AND SALES OF INVESTMENTS

The cost of purchases and proceeds from sales of investments for the year or period ended (as designated in note 1, Organization, if applicable) December 31, 2025 were as follows:

---

| | | |
|:---|:---|:---|
| Subaccount | Purchases | Sales |
| Alger Capital Appreciation Portfolio, Class I-2 | $74077 | $28230 |
| Alger Large Cap Growth Portfolio, Class I-2 | 222771 | 151314 |
| Alger Mid Cap Growth Portfolio, Class I-2 | 28652 | 58602 |
| Alger Small Cap Growth Portfolio, Class I-2 | 44637 | 24445 |
| BNY Mellon Sustainable U.S. Equity Portfolio, Inc., Initial Shares | 1502 | 1668 |
| BNY Mellon VIF Appreciation Portfolio, Initial Shares | 292228 | 18461 |
| BNY Mellon VIF Growth and Income Portfolio, Initial Shares | 53987 | 29909 |
| Columbia VP Select Small Cap Value Fund, Class 2 | 1923 | 5667 |
| Columbia VP Seligman Global Technology Fund, Class 1 | 35187 | 39488 |
| Columbia VP Seligman Global Technology Fund, Class 2 | 7816 | 7521 |
| Fidelity VIP Asset Manager 50% Portfolio, Initial Class | 31327 | 21558 |
| Fidelity VIP Contrafund Portfolio, Initial Class | 160421 | 35174 |
| Fidelity VIP Government Money Market Portfolio, Initial Class | 191673 | 205592 |
| Fidelity VIP Growth Opportunities Portfolio, Initial Class | 1335 | 1399 |
| Fidelity VIP Growth Portfolio, Initial Class | 273746 | 58006 |
| Fidelity VIP High Income Portfolio, Initial Class | 13739 | 2788 |
| Fidelity VIP Index 500 Portfolio, Initial Class | 82411 | 124479 |
| Fidelity VIP Investment Grade Bond Portfolio, Initial Class | 33911 | 24446 |
| Fidelity VIP Overseas Portfolio, Initial Class | 44093 | 26832 |
| Goldman Sachs VIT Large Cap Value Fund, Institutional Class | 248550 | 26981 |
| Goldman Sachs VIT Strategic Growth Fund, Institutional Class | 7799 | 4273 |
| Goldman Sachs VIT U.S. Equity Insights Fund, Institutional Class | 33007 | 20643 |
| Janus Henderson VIT Flexible Bond Portfolio, Service Shares | 13470 | 4046 |
| Janus Henderson VIT Overseas Portfolio, Institutional Shares | 16759 | 10117 |
| NVIT Fidelity Institutional AM Emerging Markets Fund, Class D | 17716 | 1300 |
| VanEck VIP Emerging Markets Fund, Initial Class | 1566 | 931 |
| VanEck VIP Global Resources Fund, Initial Class | 735 | 222 |

---

4. CHANGES IN UNITS OUTSTANDING

The changes in units outstanding for the years or periods ended (as designated in note 1, Organization, if applicable) December 31, 2025 and 2024 were as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | 2025 | 2025 | 2025 | 2024 | 2024 | 2024 |
| Subaccount | Units <br> Issued | Units<br> Redeemed | Net<br> Increase<br> (Decrease) | Units <br> Issued | Units<br> Redeemed | Net<br> Increase<br> (Decrease) |
| Alger Capital Appreciation Portfolio, Class I-2 | 40 | 49 | (9) | 20 | 62 | (42) |
| Alger Large Cap Growth Portfolio, Class I-2 | 34 | 229 | (195) | 40 | 405 | (365) |
| Alger Mid Cap Growth Portfolio, Class I-2 | 115 | 214 | (99) | 83 | 373 | (290) |
| Alger Small Cap Growth Portfolio, Class I-2 | 167 | 93 | 74 | 128 | 285 | (157) |
| BNY Mellon Sustainable U.S. Equity Portfolio, Inc., Initial Shares | 5 | 8 | (3) | 5 | 10 | (5) |
| BNY Mellon VIF Appreciation Portfolio, Initial Shares | 326 | 73 | 253 | 525 | 146 | 379 |
| BNY Mellon VIF Growth and Income Portfolio, Initial Shares | 77 | 132 | (55) | 83 | 271 | (188) |
| Columbia VP Select Small Cap Value Fund, Class 2 | 63 | 180 | (117) | 202 | 150 | 52 |
| Columbia VP Seligman Global Technology Fund, Class 1 | 54 | 365 | (311) | 40 | 720 | (680) |
| Columbia VP Seligman Global Technology Fund, Class 2 | 26 | 28 | (2) | 32 | 161 | (129) |
| Fidelity VIP Asset Manager 50% Portfolio, Initial Class | 107 | 182 | (75) | 95 | 92 | 3 |
| Fidelity VIP Contrafund Portfolio, Initial Class | 29 | 106 | (77) | 26 | 149 | (123) |
| Fidelity VIP Government Money Market Portfolio, Initial Class | 35725 | 39673 | (3948) | 23284 | 38949 | (15665) |
| Fidelity VIP Growth Opportunities Portfolio, Initial Class | 3 | 5 | (2) | 3 | 6 | (3) |
| Fidelity VIP Growth Portfolio, Initial Class | 58 | 88 | (30) | 53 | 219 | (166) |
| Fidelity VIP High Income Portfolio, Initial Class | 94 | 24 | 70 | 54 | 16 | 38 |
| Fidelity VIP Index 500 Portfolio, Initial Class | 25 | 98 | (73) | 19 | 139 | (120) |
| Fidelity VIP Investment Grade Bond Portfolio, Initial Class | 397 | 382 | 15 | 414 | 150 | 264 |
| Fidelity VIP Overseas Portfolio, Initial Class | 158 | 255 | (97) | 136 | 103 | 33 |
| Goldman Sachs VIT Large Cap Value Fund, Institutional Class | 931 | 518 | 413 | 1933 | 671 | 1262 |
| Goldman Sachs VIT Strategic Growth Fund, Institutional Class | 17 | 43 | (26) | 10 | 201 | (191) |
| Goldman Sachs VIT U.S. Equity Insights Fund, Institutional Class | 102 | 248 | (146) | 49 | 329 | (280) |
| Janus Henderson VIT Flexible Bond Portfolio, Service Shares | 386 | 123 | 263 | 112 | 29 | 83 |
| Janus Henderson VIT Overseas Portfolio, Institutional Shares | 309 | 205 | 104 | 183 | 162 | 21 |
| NVIT Fidelity Institutional AM Emerging Markets Fund, Class D | 1375 | 98 | 1277 | 652 | 51 | 601 |
| VanEck VIP Emerging Markets Fund, Initial Class | 27 | 18 | 9 | 25 | 10 | 15 |
| VanEck VIP Global Resources Fund, Initial Class | 8 | 3 | 5 | 7 | 6 | 1 |

---

Note: Units may not appear to foot/crossfoot due to rounding.

5. EXPENSES AND RELATED PARTY TRANSACTIONS

The charges below are the current expenses deducted by Subaccount from the Policy as a redemption of units. Charges may vary based on factors such as face amount, gender, age at issue of the insured, age at issue of the joint insured, insurance rate classification and smoking status, death benefit option selected, insured's age at time of face increase, and/or age of the Policy. The charges are recorded, as applicable, to the respective Subaccount in the Separate Account. Redemption of units deductions are made to the individual Policies in accordance with the terms which govern each life insurance policy, as set forth in the Policy.

---

| | |
|:---|:---|
| **Expense Type** | **Range** |
| **Premium Expense Charge** |  |
| This charge is assessed to reimburse the Company for expenses incurred associated with the sales and distribution of the Policies. The charge is deducted from each premium payment prior to the purchase of units and reduces Policy owners' net payments on the Statements of Changes in Net Assets. | 6.0% of each premium received |
| **Monthly Administrative Charge** |  |
| This charge is assessed to reimburse the Company for expenses incurred in the administration of the Policy and the Separate Account. The charge is deducted monthly, assessed through a redemption of units, and recorded as Policy maintenance charges within the Statements of Changes in Net Assets. | $7.50 per month through the Policy's final payment date |
| **Mortality and Expense Risk Charge** |  |
| This charge is assessed to reimburse the Company for assuming mortality and expense risks. The charge is deducted monthly, assessed through a redemption of units, and recorded as Policy maintenance charges in the Statements of Changes in Net Assets. | a monthly charge amounting to a per annum aggregate of 0.10% - 0.35% of the net assets of the Subaccounts as of the Policy's prior monthly anniversary day |
| **Charge for Optional Benefits** |  |
| This charge is assessed to reimburse the Company for costs and risks stemming from optional living and/or death benefits elected by the Policy owner. The fee is deducted monthly when a payment is received, assessed through a redemption of units, and recorded as Policy maintenance charges within the Statements of Changes in Net Assets. | $0.01 - $40.31 per $1,000 of net amount at risk per month |
| **Cost of Insurance Charge (COI)** |  |
| This charge is assessed to reimburse the Company for the cost of providing the death benefit. The charge is assessed on the Policy's monthly anniversary day, assessed through a redemption of units, and recorded as Policy maintenance charges within the Statements of Changes in Net Assets. | $0.01 - $40.31 per $1,000 of net amount at risk per month |
| **Partial Surrender Charge** |  |
| This charge is assessed to reimburse the Company for the costs incurred when processing partial surrenders. The charge is deducted at surrender, assessed through a redemption of units, and recorded as Policy owners' benefits within the Statements of Changes in Net Assets. | A maximum of $25 per partial surrender |

---

---

| | |
|:---|:---|
| **Expense Type** | **Range** |
| **Transfer Charge** |  |
| This charge is assessed to reimburse the Company for costs incurred when transferring funds. The charge is deducted upon transfer, assessed through a redemption of units, and recorded as Policy owners' benefits within the Statements of Changes in Net Assets. | $10 per transfer, after the first 12 transfers in any calendar year |
| **Loan Interest Rate Spread** |  |
| The loan interest rate spread is the difference between the amount of interest charged on outstanding loan balances and the amount of interest credited to amounts held in the guaranteed account that secures the loans. The deduction is withdrawn annually, assessed through a redemption of units, and recorded as Net transfers (to) from the Company and/or Subaccounts within the Statements of Changes in Net Assets. | 0.0% - 0.8% of the loan balance |

---

The Company offers a loan privilege to certain Policy owners. Such Policy owners may obtain loans using the Policy's value as the only security for the loan. Loans are subject to provisions of The Internal Revenue Code of 1986, as amended.

6. FINANCIAL HIGHLIGHTS

The Company sells one variable life product that is funded by the Separate Account. A summary of the units outstanding, unit fair values, net assets for variable Policies, investment income ratios, and total returns for each of the five years or periods ended December 31, 2025 is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | For the period ended<br> December 31 | For the period ended<br> December 31 |
| Subaccount | Units <br> (000's) | Unit Fair<br> Value | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Total <br> Return <sup>(b)</sup> |
| Alger Capital Appreciation Portfolio, Class I-2 | Alger Capital Appreciation Portfolio, Class I-2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 0 \* | $701.49 | $331 | 0.00% | 32.87% |
| &nbsp;&nbsp;&nbsp;2024 | 0 \* | 527.96 | 254 | 0.00% | 48.13% |
| &nbsp;&nbsp;&nbsp;2023 | 1 | 356.41 | 186 | 0.00% | 43.13% |
| &nbsp;&nbsp;&nbsp;2022 | 1 | 249.01 | 133 | 0.00% | (36.53)% |
| &nbsp;&nbsp;&nbsp;2021 | 1 | 392.31 | 254 | 0.00% | 19.14% |
| Alger Large Cap Growth Portfolio, Class I-2 | Alger Large Cap Growth Portfolio, Class I-2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 3 | 696.79 | 1872 | 0.00% | 30.27% |
| &nbsp;&nbsp;&nbsp;2024 | 3 | 534.89 | 1541 | 0.00% | 42.89% |
| &nbsp;&nbsp;&nbsp;2023 | 3 | 374.34 | 1215 | 0.00% | 32.67% |
| &nbsp;&nbsp;&nbsp;2022 | 3 | 282.17 | 963 | 0.00% | (38.65)% |
| &nbsp;&nbsp;&nbsp;2021 | 3 | 459.95 | 1367 | 0.00% | 11.84% |
| Alger Mid Cap Growth Portfolio, Class I-2 | Alger Mid Cap Growth Portfolio, Class I-2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 2 | 290.78 | 472 | 0.00% | 16.76% |
| &nbsp;&nbsp;&nbsp;2024 | 2 | 249.03 | 429 | 0.00% | 21.07% |
| &nbsp;&nbsp;&nbsp;2023 | 2 | 205.69 | 414 | 0.00% | 23.17% |
| &nbsp;&nbsp;&nbsp;2022 | 2 | 166.99 | 348 | 0.00% | (36.07)% |
| &nbsp;&nbsp;&nbsp;2021 | 2 | 261.21 | 490 | 0.00% | 4.20% |
| Alger Small Cap Growth Portfolio, Class I-2 | Alger Small Cap Growth Portfolio, Class I-2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 1 | 278.12 | 391 | 0.00% | 5.91% |
| &nbsp;&nbsp;&nbsp;2024 | 1 | 262.59 | 350 | 0.38% | 8.13% |
| &nbsp;&nbsp;&nbsp;2023 | 1 | 242.85 | 362 | 0.00% | 16.49% |
| &nbsp;&nbsp;&nbsp;2022 | 1 | 208.47 | 293 | 0.00% | (38.01)% |
| &nbsp;&nbsp;&nbsp;2021 | 1 | 336.29 | 419 | 0.00% | (6.07)% |
| BNY Mellon Sustainable U.S. Equity Portfolio, Inc., Initial Shares | BNY Mellon Sustainable U.S. Equity Portfolio, Inc., Initial Shares |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 0 \* | 224.41 | 7 | 0.26% | 15.97% |
| &nbsp;&nbsp;&nbsp;2024 | 0 \* | 193.51 | 6 | 0.54% | 24.89% |
| &nbsp;&nbsp;&nbsp;2023 | 0 \* | 154.94 | 6 | 0.74% | 23.82% |
| &nbsp;&nbsp;&nbsp;2022 | 0 \* | 125.13 | 5 | 0.53% | (22.28)% |
| &nbsp;&nbsp;&nbsp;2021 | 0 \* | 161.01 | 8 | 0.78% | 26.03% |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | For the period ended<br> December 31 | For the period ended<br> December 31 |
| Subaccount | Units <br> (000's) | Unit Fair<br> Value | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Total <br> Return <sup>(b)</sup> |
| BNY Mellon VIF Appreciation Portfolio, Initial Shares |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 5 | $274.55 | $1503 | 0.37% | 10.07% |
| &nbsp;&nbsp;&nbsp;2024 | 5 | 249.43 | 1303 | 0.43% | 12.81% |
| &nbsp;&nbsp;&nbsp;2023 | 5 | 221.11 | 1071 | 0.72% | 20.97% |
| &nbsp;&nbsp;&nbsp;2022 | 5 | 182.78 | 898 | 0.67% | (18.06)% |
| &nbsp;&nbsp;&nbsp;2021 | 5 | 223.08 | 1156 | 0.44% | 27.13% |
| BNY Mellon VIF Growth and Income Portfolio, Initial Shares |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 2 | 254.66 | 488 | 0.45% | 16.83% |
| &nbsp;&nbsp;&nbsp;2024 | 2 | 217.97 | 430 | 0.54% | 22.73% |
| &nbsp;&nbsp;&nbsp;2023 | 2 | 177.60 | 384 | 0.65% | 26.68% |
| &nbsp;&nbsp;&nbsp;2022 | 2 | 140.19 | 341 | 0.79% | (14.81)% |
| &nbsp;&nbsp;&nbsp;2021 | 3 | 164.57 | 455 | 0.47% | 25.62% |
| Columbia VP Select Small Cap Value Fund, Class 2 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 3 | 33.66 | 91 | 0.00% | 6.30% |
| &nbsp;&nbsp;&nbsp;2024 | 3 | 31.67 | 90 | 0.00% | 13.66% |
| &nbsp;&nbsp;&nbsp;2023 | 3 | 27.86 | 77 | 0.00% | 12.85% |
| &nbsp;&nbsp;&nbsp;2022 | 3 | 24.69 | 72 | 0.00% | (14.93)% |
| &nbsp;&nbsp;&nbsp;2021 | 3 | 29.02 | 90 | 0.00% | 30.62% |
| Columbia VP Seligman Global Technology Fund, Class 1 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 3 | 138.16 | 398 | 0.00% | 34.73% |
| &nbsp;&nbsp;&nbsp;2024 | 3 | 102.54 | 327 | 0.00% | 26.91% |
| &nbsp;&nbsp;&nbsp;2023 | 4 | 80.80 | 313 | 0.00% | 45.28% |
| &nbsp;&nbsp;&nbsp;2022 | 4 | 55.62 | 229 | 0.00% | (31.73)% |
| &nbsp;&nbsp;&nbsp;2021 | 4 | 81.46 | 340 | 0.40% | 39.03% |
| Columbia VP Seligman Global Technology Fund, Class 2 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 0 \* | 342.85 | 7 | 0.00% | 34.37% |
| &nbsp;&nbsp;&nbsp;2024 | 0 \* | 255.15 | 6 | 0.00% | 26.58% |
| &nbsp;&nbsp;&nbsp;2023 | 0 \* | 201.57 | 31 | 0.00% | 44.87% |
| &nbsp;&nbsp;&nbsp;2022 | 0 \* | 139.14 | 23 | 0.00% | (31.89)% |
| &nbsp;&nbsp;&nbsp;2021 | 0 \* | 204.30 | 34 | 0.29% | 38.75% |
| Fidelity VIP Asset Manager 50% Portfolio, Initial Class |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 2 | 130.06 | 277 | 2.55% | 14.98% |
| &nbsp;&nbsp;&nbsp;2024 | 2 | 113.11 | 249 | 2.48% | 8.50% |
| &nbsp;&nbsp;&nbsp;2023 | 2 | 104.26 | 229 | 2.33% | 12.94% |
| &nbsp;&nbsp;&nbsp;2022 | 2 | 92.31 | 217 | 2.10% | (14.94)% |
| &nbsp;&nbsp;&nbsp;2021 | 2 | 108.51 | 255 | 1.39% | 9.92% |
| Fidelity VIP Contrafund Portfolio, Initial Class |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 3 | 380.76 | 1009 | 0.14% | 21.48% |
| &nbsp;&nbsp;&nbsp;2024 | 3 | 313.43 | 854 | 0.19% | 33.79% |
| &nbsp;&nbsp;&nbsp;2023 | 3 | 234.27 | 667 | 0.49% | 33.45% |
| &nbsp;&nbsp;&nbsp;2022 | 3 | 175.55 | 531 | 0.51% | (26.31)% |
| &nbsp;&nbsp;&nbsp;2021 | 3 | 238.24 | 743 | 0.07% | 27.84% |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | For the period ended<br> December 31 | For the period ended<br> December 31 |
| Subaccount | Units <br> (000's) | Unit Fair<br> Value | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Total <br> Return <sup>(b)</sup> |
| Fidelity VIP Government Money Market Portfolio, Initial Class | Fidelity VIP Government Money Market Portfolio, Initial Class |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 29 | $5.29 | $141 | 4.07% | 4.13% |
| &nbsp;&nbsp;&nbsp;2024 | 33 | 5.08 | 169 | 5.01% | 5.10% |
| &nbsp;&nbsp;&nbsp;2023 | 49 | 4.84 | 236 | 4.78% | 4.89% |
| &nbsp;&nbsp;&nbsp;2022 | 39 | 4.61 | 178 | 1.15% | 1.44% |
| &nbsp;&nbsp;&nbsp;2021 | 93 | 4.55 | 423 | 0.01% | 0.01% |
| Fidelity VIP Growth Opportunities Portfolio, Initial Class |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 0 \* | 289.02 | 41 | 0.00% | 21.95% |
| &nbsp;&nbsp;&nbsp;2024 | 0 \* | 237.00 | 34 | 0.00% | 38.89% |
| &nbsp;&nbsp;&nbsp;2023 | 0 \* | 170.64 | 25 | 0.00% | 45.65% |
| &nbsp;&nbsp;&nbsp;2022 | 0 \* | 117.16 | 36 | 0.00% | (38.18)% |
| &nbsp;&nbsp;&nbsp;2021 | 0 \* | 189.52 | 59 | 0.00% | 12.00% |
| Fidelity VIP Growth Portfolio, Initial Class |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 3 | 731.21 | 1896 | 0.30% | 14.90% |
| &nbsp;&nbsp;&nbsp;2024 | 3 | 636.40 | 1669 | 0.00% | 30.39% |
| &nbsp;&nbsp;&nbsp;2023 | 3 | 488.08 | 1361 | 0.13% | 36.24% |
| &nbsp;&nbsp;&nbsp;2022 | 3 | 358.26 | 1104 | 0.62% | (24.46)% |
| &nbsp;&nbsp;&nbsp;2021 | 3 | 474.24 | 1461 | 0.00% | 23.22% |
| Fidelity VIP High Income Portfolio, Initial Class |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 0 \* | 125.97 | 42 | 7.07% | 10.36% |
| &nbsp;&nbsp;&nbsp;2024 | 0 \* | 114.14 | 30 | 6.80% | 8.97% |
| &nbsp;&nbsp;&nbsp;2023 | 0 \* | 104.74 | 23 | 5.05% | 10.48% |
| &nbsp;&nbsp;&nbsp;2022 | 0 \* | 94.81 | 31 | 4.37% | (11.37)% |
| &nbsp;&nbsp;&nbsp;2021 | 0 \* | 106.97 | 50 | 5.00% | 4.40% |
| Fidelity VIP Index 500 Portfolio, Initial Class |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 2 | 1421.62 | 3277 | 1.17% | 17.78% |
| &nbsp;&nbsp;&nbsp;2024 | 2 | 1207.06 | 2870 | 1.29% | 24.90% |
| &nbsp;&nbsp;&nbsp;2023 | 2 | 966.43 | 2414 | 1.48% | 26.19% |
| &nbsp;&nbsp;&nbsp;2022 | 3 | 765.84 | 2045 | 1.47% | (18.21)% |
| &nbsp;&nbsp;&nbsp;2021 | 3 | 936.35 | 2604 | 1.27% | 28.57% |
| Fidelity VIP Investment Grade Bond Portfolio, Initial Class |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 4 | 66.88 | 235 | 3.66% | 7.22% |
| &nbsp;&nbsp;&nbsp;2024 | 4 | 62.37 | 218 | 3.52% | 1.79% |
| &nbsp;&nbsp;&nbsp;2023 | 3 | 61.27 | 198 | 2.72% | 6.20% |
| &nbsp;&nbsp;&nbsp;2022 | 3 | 57.70 | 173 | 2.27% | (12.96)% |
| &nbsp;&nbsp;&nbsp;2021 | 3 | 66.29 | 209 | 2.00% | (0.61)% |
| Fidelity VIP Overseas Portfolio, Initial Class |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 2 | 111.23 | 269 | 1.63% | 20.39% |
| &nbsp;&nbsp;&nbsp;2024 | 3 | 92.39 | 232 | 1.66% | 5.05% |
| &nbsp;&nbsp;&nbsp;2023 | 2 | 87.95 | 218 | 1.06% | 20.51% |
| &nbsp;&nbsp;&nbsp;2022 | 3 | 72.98 | 189 | 1.10% | (24.48)% |
| &nbsp;&nbsp;&nbsp;2021 | 3 | 96.64 | 247 | 0.52% | 19.69% |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | For the period ended<br> December 31 | For the period ended<br> December 31 |
| Subaccount | Units <br> (000's) | Unit Fair<br> Value | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Total <br> Return <sup>(b)</sup> |
| Goldman Sachs VIT Large Cap Value Fund, Institutional Class | Goldman Sachs VIT Large Cap Value Fund, Institutional Class | Goldman Sachs VIT Large Cap Value Fund, Institutional Class |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 25 | $55.94 | $1421 | 1.13% | 10.88% |
| &nbsp;&nbsp;&nbsp;2024 | 25 | 50.45 | 1260 | 1.44% | 17.10% |
| &nbsp;&nbsp;&nbsp;2023 | 24 | 43.08 | 1022 | 1.78% | 13.01% |
| &nbsp;&nbsp;&nbsp;2022 | 23 | 38.12 | 863 | 1.36% | (6.37)% |
| &nbsp;&nbsp;&nbsp;2021 | 27 | 40.72 | 1099 | 1.18% | 24.14% |
| Goldman Sachs VIT Strategic Growth Fund, Institutional Class | Goldman Sachs VIT Strategic Growth Fund, Institutional Class | Goldman Sachs VIT Strategic Growth Fund, Institutional Class |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 0 \* | 112.90 | 43 | 0.00% | 17.92% |
| &nbsp;&nbsp;&nbsp;2024 | 0 \* | 95.74 | 39 | 0.00% | 32.37% |
| &nbsp;&nbsp;&nbsp;2023 | 1 | 72.33 | 43 | 0.00% | 41.94% |
| &nbsp;&nbsp;&nbsp;2022 | 1 | 50.96 | 32 | 0.00% | (32.52)% |
| &nbsp;&nbsp;&nbsp;2021 | 1 | 75.52 | 45 | 0.00% | 21.94% |
| Goldman Sachs VIT U.S. Equity Insights Fund, Institutional Class | Goldman Sachs VIT U.S. Equity Insights Fund, Institutional Class |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 2 | 92.53 | 189 | 0.72% | 15.75% |
| &nbsp;&nbsp;&nbsp;2024 | 2 | 79.94 | 175 | 0.66% | 28.32% |
| &nbsp;&nbsp;&nbsp;2023 | 2 | 62.30 | 154 | 0.70% | 23.81% |
| &nbsp;&nbsp;&nbsp;2022 | 3 | 50.32 | 128 | 0.82% | (19.74)% |
| &nbsp;&nbsp;&nbsp;2021 | 3 | 62.69 | 168 | 0.80% | 29.40% |
| Janus Henderson VIT Flexible Bond Portfolio, Service Shares | Janus Henderson VIT Flexible Bond Portfolio, Service Shares |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 1 | 33.73 | 25 | 4.94% | 7.22% |
| &nbsp;&nbsp;&nbsp;2024 | 0 \* | 31.46 | 15 | 4.66% | 1.63% |
| &nbsp;&nbsp;&nbsp;2023 | 0 \* | 30.96 | 12 | 3.62% | 5.29% |
| &nbsp;&nbsp;&nbsp;2022 | 0 \* | 29.40 | 12 | 1.59% | (13.95)% |
| &nbsp;&nbsp;&nbsp;2021 | 1 | 34.16 | 24 | 1.50% | (1.06)% |
| Janus Henderson VIT Overseas Portfolio, Institutional Shares |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 2 | 57.34 | 129 | 1.46% | 28.87% |
| &nbsp;&nbsp;&nbsp;2024 | 2 | 44.49 | 95 | 1.40% | 5.84% |
| &nbsp;&nbsp;&nbsp;2023 | 2 | 42.04 | 89 | 1.52% | 10.87% |
| &nbsp;&nbsp;&nbsp;2022 | 2 | 37.91 | 85 | 1.68% | (8.61)% |
| &nbsp;&nbsp;&nbsp;2021 | 3 | 41.48 | 108 | 1.12% | 13.59% |
| NVIT Fidelity Institutional AM Emerging Markets Fund, Class D | NVIT Fidelity Institutional AM Emerging Markets Fund, Class D |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 4 | 16.35 | 57 | 0.34% | 35.77% |
| &nbsp;&nbsp;&nbsp;2024 | 2 | 12.04 | 27 | 1.32% | 5.99% |
| &nbsp;&nbsp;&nbsp;2023 | 2 | 11.36 | 19 | 1.46% | 3.80% |
| &nbsp;&nbsp;&nbsp;2022 | 2 | 10.94 | 17 | 0.13% | (24.99)% |
| &nbsp;&nbsp;&nbsp;2021 | 3 | 14.59 | 40 | 0.96% | (7.59)% |
| VanEck VIP Emerging Markets Fund, Initial Class | VanEck VIP Emerging Markets Fund, Initial Class |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 0 \* | 59.89 | 21 | 0.73% | 29.92% |
| &nbsp;&nbsp;&nbsp;2024 | 0 \* | 46.10 | 16 | 1.71% | 1.21% |
| &nbsp;&nbsp;&nbsp;2023 | 0 \* | 45.55 | 15 | 3.64% | 9.77% |
| &nbsp;&nbsp;&nbsp;2022 | 0 \* | 41.49 | 14 | 0.28% | (24.44)% |
| &nbsp;&nbsp;&nbsp;2021 | 0 \* | 54.91 | 16 | 0.89% | (11.79)% |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | For the period ended<br> December 31 | For the period ended<br> December 31 |
| Subaccount | Units <br> (000's) | Unit Fair<br> Value | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Total <br> Return <sup>(b)</sup> |
| VanEck VIP Global Resources Fund, Initial Class |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 0 \* | $88.17 | $9 | 2.56% | 36.48% |
| &nbsp;&nbsp;&nbsp;2024 | 0 \* | 64.60 | 6 | 2.63% | (2.83)% |
| &nbsp;&nbsp;&nbsp;2023 | 0 \* | 66.48 | 6 | 2.87% | (3.58)% |
| &nbsp;&nbsp;&nbsp;2022 | 0 \* | 68.96 | 6 | 1.63% | 8.42% |
| &nbsp;&nbsp;&nbsp;2021 |  | 63.60 | 6 | 0.43% | 18.88% |

---

---

| |
|:---|
| \* The Subaccount has units and/or dollars that round to less than one thousand. |
| <sup>(a)</sup> These ratios represent the dividends received by the Subaccount, excluding distributions of capital gains, divided by the daily average net assets. The recognition of investment income by the Subaccount is affected by the timing of the declaration of dividends by the underlying mutual fund in which the Subaccounts invest. |
| <sup>(b)</sup> These amounts represent the total return for the periods indicated and include changes in the value of the underlying mutual fund. These amounts are not annualized and represent each Subaccount's total return for the periods during which the Subaccount held investment balances. The total return does not include any expenses addressed through the redemption of units; inclusion of these expenses in the calculation would result in a reduction in the total return presented. |

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7. SUBSEQUENT EVENTS

The Separate Account has evaluated the effects of events subsequent to December 31, 2025, and through April 20, 2026, the date at which the financial statements were available to be issued. All accounting and disclosure requirements related to subsequent events are included in our financial statements.