# EDGAR Filing Document

**Accession Number:** 0000742277
**File Stem:** 0001193125-25-136888
**Filing Date:** 2025-6
**Character Count:** 31419
**Document Hash:** 1b68db17d384b4c69386a9d259b8e389
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-136888.hdr.sgml**: 20250606

**ACCESSION NUMBER**: 0001193125-25-136888

**CONFORMED SUBMISSION TYPE**: 497VPU

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250606

**DATE AS OF CHANGE**: 20250606

**EFFECTIVENESS DATE**: 20250606

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT
- **CENTRAL INDEX KEY:** 0000742277

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

**FILING VALUES:**
- **FORM TYPE:** 497VPU
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-89972
- **FILM NUMBER:** 251030068

**BUSINESS ADDRESS:**
- **STREET 1:** 720 E WISCONSIN AVE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 4146652508

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

## Series and Classes Contracts Data

### NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT (Series ID: S000000058)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000000093 | Variable Life |  |

THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY

**SUPPLEMENT TO SUMMARY PROSPECTUSES DATED MAY 1, 2025** 

------

**NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT**

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

------

**NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT II** <br>CUSTOM VARIABLE UNIVERSAL LIFE <br>EXECUTIVE VARIABLE UNIVERSAL LIFE <br>SURVIVORSHIP VARIABLE UNIVERSAL LIFE

------

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

The changes described below are effective July 1, 2025.

In the "**Fees and Expenses**" section, under "**Annual Portfolio Operating Expenses**", the table for Annual Portfolio Operating Expenses is replaced in its entirety with the table below:

---

| | | |
|:---|:---|:---|
|  | **Minimum** | **Maximum** |
| &nbsp;&nbsp;&nbsp;&nbsp; **Annual** [**Portfolio**](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) **Operating Expenses** (expenses deducted from [Portfolio](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) assets, including management <br> fees, distribution (12b-1) fees, and other expenses as a percentage of average [Portfolio](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) assets)<br>| &nbsp;&nbsp; 0.14% | &nbsp;&nbsp; 2.73% |
| **Annual** [**Portfolio**](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) **Operating Expenses After Contractual Fee Waiver or Reimbursement\*** | &nbsp;&nbsp; 0.14% | &nbsp;&nbsp; 2.68% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Under the "**IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT the POLICY**" section, the "**Ongoing Fees and Expenses (annual charges)**" row is replaced in its entirety with the table below:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **FEES AND EXPENSES** | **FEES AND EXPENSES** | **FEES AND EXPENSES** | &nbsp;&nbsp; **Cross-Reference(s)** <br> **to Location in** <br> **Prospectus**<br>|
| **Ongoing Fees and** <br> **Expenses**<br> **(annual charges)** | &nbsp;&nbsp; In addition to the charges above, investment in the [Policy](#bookmark_policy_ba9f27b6-d25f-4b32-bf6a-30678431ea84) is subject to <br> ongoing fees and expenses, including fees covering the cost of insurance <br> and optional benefits available under the [Policy](#bookmark_policy_ba9f27b6-d25f-4b32-bf6a-30678431ea84). These fees are based <br> on information as of December 31, 2024, may change from year to year, <br> and are generally based on characteristics of the insured (e.g., age, sex <br> and rating classification). You should review your [Policy](#bookmark_policy_ba9f27b6-d25f-4b32-bf6a-30678431ea84) specifications <br> page for specific rates applicable under your [Policy](#bookmark_policy_ba9f27b6-d25f-4b32-bf6a-30678431ea84).<br>You bear the expenses associated with the [Portfolios](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) available under <br> your [Policy](#bookmark_policy_ba9f27b6-d25f-4b32-bf6a-30678431ea84), the range for which is shown in the following table: | &nbsp;&nbsp; In addition to the charges above, investment in the [Policy](#bookmark_policy_ba9f27b6-d25f-4b32-bf6a-30678431ea84) is subject to <br> ongoing fees and expenses, including fees covering the cost of insurance <br> and optional benefits available under the [Policy](#bookmark_policy_ba9f27b6-d25f-4b32-bf6a-30678431ea84). These fees are based <br> on information as of December 31, 2024, may change from year to year, <br> and are generally based on characteristics of the insured (e.g., age, sex <br> and rating classification). You should review your [Policy](#bookmark_policy_ba9f27b6-d25f-4b32-bf6a-30678431ea84) specifications <br> page for specific rates applicable under your [Policy](#bookmark_policy_ba9f27b6-d25f-4b32-bf6a-30678431ea84).<br>You bear the expenses associated with the [Portfolios](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) available under <br> your [Policy](#bookmark_policy_ba9f27b6-d25f-4b32-bf6a-30678431ea84), the range for which is shown in the following table: | &nbsp;&nbsp; In addition to the charges above, investment in the [Policy](#bookmark_policy_ba9f27b6-d25f-4b32-bf6a-30678431ea84) is subject to <br> ongoing fees and expenses, including fees covering the cost of insurance <br> and optional benefits available under the [Policy](#bookmark_policy_ba9f27b6-d25f-4b32-bf6a-30678431ea84). These fees are based <br> on information as of December 31, 2024, may change from year to year, <br> and are generally based on characteristics of the insured (e.g., age, sex <br> and rating classification). You should review your [Policy](#bookmark_policy_ba9f27b6-d25f-4b32-bf6a-30678431ea84) specifications <br> page for specific rates applicable under your [Policy](#bookmark_policy_ba9f27b6-d25f-4b32-bf6a-30678431ea84).<br>You bear the expenses associated with the [Portfolios](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) available under <br> your [Policy](#bookmark_policy_ba9f27b6-d25f-4b32-bf6a-30678431ea84), the range for which is shown in the following table: | &nbsp;&nbsp; Fee and Expense <br> Tables – Periodic <br> Charges (Other than <br> Portfolio Operating <br> Expenses) <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Fee and Expense <br> Tables – Annual <br> Portfolio Operating <br> Expenses  |
| **Ongoing Fees and** <br> **Expenses**<br> **(annual charges)** | **Annual Fee** | **Minimum\*** | **Maximum\*** | &nbsp;&nbsp; Fee and Expense <br> Tables – Periodic <br> Charges (Other than <br> Portfolio Operating <br> Expenses) <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Fee and Expense <br> Tables – Annual <br> Portfolio Operating <br> Expenses  |
| **Ongoing Fees and** <br> **Expenses**<br> **(annual charges)** | &nbsp;&nbsp; Investment Options ([Portfolio](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84)<br> company fees and expenses)<br>| 0.14% | 2.73% | &nbsp;&nbsp; Fee and Expense <br> Tables – Periodic <br> Charges (Other than <br> Portfolio Operating <br> Expenses) <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Fee and Expense <br> Tables – Annual <br> Portfolio Operating <br> Expenses  |
| **Ongoing Fees and** <br> **Expenses**<br> **(annual charges)** | <sup>\*</sup> As a percentage of [Portfolio](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) assets. | <sup>\*</sup> As a percentage of [Portfolio](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) assets. | <sup>\*</sup> As a percentage of [Portfolio](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) assets. | &nbsp;&nbsp; Fee and Expense <br> Tables – Periodic <br> Charges (Other than <br> Portfolio Operating <br> Expenses) <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Fee and Expense <br> Tables – Annual <br> Portfolio Operating <br> Expenses  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

In "**Appendix A**", the list of "**Portfolios Available under Your Policy**" is replaced in its entirety with the table below:

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Objective** | &nbsp;&nbsp; **Portfolio and Adviser/**<br> **Sub-adviser (if applicable)** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2024)** | &nbsp;&nbsp; **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2024)** | &nbsp;&nbsp; **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2024)** |  |
| **Investment**<br> **Objective** | &nbsp;&nbsp; **Portfolio and Adviser/**<br> **Sub-adviser (if applicable)** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 Year** | **5 Year** |  | **10 Year** |
| Long-term growth of <br> capital; current income is <br> a secondary objective<br>**Growth Stock Portfolio**<sup>2</sup> | &nbsp;&nbsp; Mason Street Advisors, LLC <br> (MSA)/T. Rowe Price <br> Associates, Inc.<br>| 0.42%<sup>1</sup> <br>| 37.82% | 14.77% | 13.44% |  |
| Long-term growth of <br> capital<br>&nbsp;&nbsp; **Focused Appreciation** <br> **Portfolio**<sup>2</sup><br>| &nbsp;&nbsp; MSA/Loomis, Sayles & <br> Company, L.P.<br>| 0.61%<sup>1</sup> <br>| 34.43% | 18.22% | 16.94% |  |
| Long-term growth of <br> capital and income<br>&nbsp;&nbsp; **Large Cap Core Stock** <br> **Portfolio**<sup>2</sup><br>| &nbsp;&nbsp; MSA/Wellington <br> Management Company LLP<br>| 0.43%<sup>1</sup> <br>| 22.16% | 13.86% | 11.88% |  |
| Long-term growth of <br> capital and income<br>&nbsp;&nbsp; **Large Cap Blend** <br> **Portfolio**<sup>2</sup><br>| &nbsp;&nbsp; MSA/ J.P. Morgan <br> Investment Management, <br> Inc.<br>| 0.72%<sup>1</sup> <br>| 23.86% | 10.92% | 10.22% |  |
| Investment results that <br> approximate the <br> performance of the <br> Standard & Poor's 500<sup>®</sup> <br> Composite Stock Price <br> Index<br>&nbsp;&nbsp; **Index 500 Stock** <br> **Portfolio**<sup>2</sup><br>| MSA/BlackRock Advisors, LLC | 0.19%<sup>1</sup> <br>| 24.75% | 14.30% | 12.86% |  |
| Long-term growth of <br> capital; income is a <br> secondary objective<br>&nbsp;&nbsp; **Large Company Value** <br> **Portfolio**<sup>2</sup><br>| &nbsp;&nbsp; MSA/American Century <br> Investment Management, <br> Inc.<br>| 0.75%<sup>1</sup> <br>| 10.69% | 7.46% | 7.58% |  |
| Long-term growth of <br> capital and income<br>&nbsp;&nbsp; **Domestic Equity** <br> **Portfolio**<sup>2</sup><br>| &nbsp;&nbsp; MSA/Delaware Investments <br> Fund Advisers, a series of <br> Macquarie Investment <br> Management Business Trust<br>| 0.50%<sup>1</sup> <br>| 7.07% | 5.90% | 7.40% |  |
| Long-term growth of <br> capital and income<br>**Equity Income Portfolio**<sup>2</sup> | &nbsp;&nbsp; MSA/T. Rowe Price <br> Associates, Inc<br>| 0.57%<sup>1</sup> <br>| 11.88% | 8.60% | 8.40% |  |
| Long-term growth of <br> capital<br>&nbsp;&nbsp; **Mid Cap Growth Stock** <br> **Portfolio**<sup>2</sup><br>| &nbsp;&nbsp; MSA/J.P. Morgan Investment <br> Management, Inc.<br>| 0.54%<sup>1</sup> <br>| 8.21% | 5.55% | 7.03% |  |
| Investment results that <br> approximate the <br> performance of the <br> Standard & Poor's <br> MidCap 400<sup>®</sup> Stock Price <br> Index<br>&nbsp;&nbsp; **Index 400 Stock** <br> **Portfolio**<sup>2</sup><br>| &nbsp;&nbsp; MSA/Northern Trust <br> Investments, Inc.<br>| 0.24%<sup>1</sup> <br>| 13.63% | 10.07% | 9.41% |  |
| Long-term growth of <br> capital; current income is <br> a secondary objective<br>**Mid Cap Value Portfolio**<sup>2</sup> | &nbsp;&nbsp; MSA/American Century <br> Investment Management, <br> Inc.<br>| 0.72%<sup>1</sup> <br>| 8.65% | 7.42% | 8.15% |  |
| Long-term growth of <br> capital<br>&nbsp;&nbsp; **Small Cap Growth Stock** <br> **Portfolio**<sup>2</sup><br>| &nbsp;&nbsp; MSA/Wellington <br> Management Company LLP<br>| 0.56% | 13.18% | 5.89% | 8.12% |  |
| Investment results that <br> approximate the <br> performance of the <br> Standard & Poor's <br> SmallCap 600<sup>®</sup> Index<br>&nbsp;&nbsp; **Index 600 Stock** <br> **Portfolio**<sup>2</sup><br>| &nbsp;&nbsp; MSA/Northern Trust <br> Investments, Inc.<br>| 0.27% | 8.43% | 8.01% | 8.61% |  |
| Long-term growth of <br> capital<br>&nbsp;&nbsp; **Small Cap Value** <br> **Portfolio**<sup>2</sup><br>| &nbsp;&nbsp; MSA/T. Rowe Price <br> Investment Management, Inc<br>| 0.87%<sup>1</sup> <br>| 10.36% | 6.59% | 7.77% |  |
| Long-term growth of <br> capital<br>&nbsp;&nbsp; **International Growth** <br> **Portfolio**<sup>2</sup><br>| MSA/FIAM LLC | 0.61%<sup>1</sup> <br>| 5.30% | 5.96% | 7.03% |  |
| Capital appreciation<br> &nbsp;&nbsp; **Research International** <br> **Core Portfolio**<sup>2</sup><br>| &nbsp;&nbsp; MSA/Massachusetts <br> Financial Services Company<br>| 0.72%<sup>1</sup> <br>| 3.25% | 4.20% | 5.48% |  |
| Long-term growth of <br> capital and income <br>&nbsp;&nbsp; **International Equity** <br> **Portfolio**<sup>2</sup><br>| MSA/Dodge & Cox | 0.68% | 3.94% | 2.81% | 3.02% |  |
| Capital appreciation<br> &nbsp;&nbsp; **Emerging Markets Equity** <br> **Portfolio**<sup>2</sup><br>| &nbsp;&nbsp; MSA/abrdn Investments <br> Limited<br>| 0.89%<sup>1</sup> <br>| 4.02% | 0.12% | 2.50% |  |
| Maximum current income <br> to the extent consistent <br> with liquidity and stability <br> of capital<sup>3</sup> <br>&nbsp;&nbsp; **Government Money** <br> **Market Portfolio**<sup>2</sup><br>| MSA/BlackRock Advisors, LLC | 0.33%<sup>1</sup> <br>| 4.99% | 2.28% | 1.56% |  |

---

------

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Objective** | &nbsp;&nbsp; **Portfolio and Adviser/**<br> **Sub-adviser (if applicable)** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2024)** | &nbsp;&nbsp; **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2024)** | &nbsp;&nbsp; **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2024)** |  |
| **Investment**<br> **Objective** | &nbsp;&nbsp; **Portfolio and Adviser/**<br> **Sub-adviser (if applicable)** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 Year** | **5 Year** |  | **10 Year** |
| Provide as high a level of <br> current income as is <br> consistent with prudent <br> investment risk<br>&nbsp;&nbsp; **Short-Term Bond** <br> **Portfolio**<sup>2</sup><br>| &nbsp;&nbsp; MSA/T. Rowe Price <br> Associates, Inc.<br>| 0.40% | 5.04% | 1.92% | 1.90% |  |
| Provide as high a level of <br> total return consistent <br> with prudent investment <br> risk; a secondary <br> objective is to seek <br> preservation of <br> shareholders' capital<br>**Select Bond Portfolio**<sup>2</sup> | &nbsp;&nbsp; MSA/Allspring Global <br> Investments, LLC<br>| 0.31%<sup>1</sup> <br>| 1.76% | 0.09% | 1.57% |  |
| Maximum total return, <br> consistent with <br> preservation of capital <br> and prudent investment <br> management<br>&nbsp;&nbsp; **Long-Term U.S.** <br> **Government Bond** <br> **Portfolio**<sup>2</sup><br>| &nbsp;&nbsp; MSA/Pacific Investment <br> Management Company LLC<br>| 2.68%<sup>1</sup> <br>| -5.78% | -5.29% | -0.93% |  |
| Pursue total return using <br> a strategy that seeks to <br> protect against U.S. <br> inflation<br>&nbsp;&nbsp; **Inflation Managed** <br> **Portfolio**<sup>2</sup>**("Inflation** <br> **Protection Portfolio"** <br> **until 09/30/2025)**<br>| &nbsp;&nbsp; MSA/American Century <br> Investment Management, <br> Inc.<br>| 0.45%<sup>1</sup> <br>| 1.96% | 1.50% | 1.95% |  |
| High current income and <br> capital appreciation<br>&nbsp;&nbsp; **High Yield Bond** <br> **Portfolio**<sup>2</sup><br>| &nbsp;&nbsp; MSA/Federated Investment <br> Management Company<br>| 0.46% | 6.38% | 3.71% | 4.95% |  |
| Maximum total return, <br> consistent with prudent <br> investment management<br>&nbsp;&nbsp; **Multi-Sector Bond** <br> **Portfolio**<sup>2</sup><br>| &nbsp;&nbsp; MSA/Pacific Investment <br> Management Company LLC<br>| 0.75%<sup>1</sup> <br>| 6.42% | 0.93% | 3.33% |  |
| Realize as high a level of <br> total return as is <br> consistent with <br> conservative investment <br> risk, through income and <br> secondarily through <br> capital appreciation<br>&nbsp;&nbsp; **Active/Passive** <br> **Conservative Portfolio**<sup>2</sup><br>| MSA | 0.55%<sup>1</sup> <br>| N/A | N/A | N/A |  |
| Realize as high a level of <br> total return as is <br> consistent with <br> reasonable investment <br> risk through appreciation <br> and income<br>&nbsp;&nbsp; **Active/Passive Balanced** <br> **Portfolio**<sup>2</sup> **(formerly** <br> **"Balanced Portfolio")**<br>| MSA | 0.47%<sup>1</sup> <br>| 7.43% | 4.76% | 5.53% |  |
| Realize as high a level of <br> total return as is <br> consistent with moderate <br> investment risk through <br> appreciation and <br> secondarily through <br> income<br>&nbsp;&nbsp; **Active/Passive Moderate** <br> **Portfolio**<sup>2</sup> **(formerly** <br> **"Asset Allocation** <br> **Portfolio")**<br>| MSA | 0.53%<sup>1</sup> <br>| 9.72% | 6.17% | 6.72% |  |
| Realize as high a level of <br> total return as is <br> consistent with aggressive <br> investment risk, primarily <br> through appreciation and <br> some income <br>&nbsp;&nbsp; **Active/Passive** <br> **Aggressive Portfolio**<sup>2</sup><br>| MSA | 0.64%<sup>1</sup> <br>| N/A | N/A | N/A |  |
| Long-term growth of <br> capital<br>&nbsp;&nbsp; **Active/Passive All Equity** <br> **Portfolio**<sup>2</sup><br>| MSA | 0.66%<sup>1</sup> <br>| N/A | N/A | N/A |  |
| Growth of capital<br> &nbsp;&nbsp; **American Funds**<sup>®</sup> **IS** <br> **Growth Fund - Class 1A**<sup>4</sup><br>| &nbsp;&nbsp; Capital Research and <br> Management Company <br> (CRMC)<br>| 0.59% | 31.61% | 18.83% | N/A |  |
| Long-term growth of <br> capital<br>&nbsp;&nbsp; **American Funds**<sup>®</sup> **IS** <br> **Global Growth Fund -** <br> **Class 1A**<sup>4</sup><br>| CRMC | 0.66%<sup>1</sup> <br>| 13.67% | 9.77% | N/A |  |

---

------

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Objective** | &nbsp;&nbsp; **Portfolio and Adviser/**<br> **Sub-adviser (if applicable)** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2024)** | &nbsp;&nbsp; **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2024)** | &nbsp;&nbsp; **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2024)** |  |
| **Investment**<br> **Objective** | &nbsp;&nbsp; **Portfolio and Adviser/**<br> **Sub-adviser (if applicable)** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 Year** | **5 Year** |  | **10 Year** |
| Long-term capital <br> appreciation<br>&nbsp;&nbsp; **American Funds**<sup>®</sup> **IS New** <br> **World Fund**<sup>®</sup> **- Class 1A**<sup>4</sup><br>| CRMC | 0.82%<sup>1</sup> <br>| 6.58% | 4.55% | N/A |  |
| Provide as high a level of <br> current income as is <br> consistent with the <br> preservation of capital<br>&nbsp;&nbsp; **American Funds**<sup>®</sup> **IS The** <br> **Bond Fund of America**<sup>®</sup> **-** <br> **Class 1A**<sup>4</sup><br>| CRMC | 0.48%<sup>1</sup> <br>| 1.23% | 0.31% | N/A |  |
| Provide, over the long <br> term, a high level of total <br> return consistent with <br> prudent investment <br> management <br>&nbsp;&nbsp; **American Funds**<sup>®</sup> **IS** <br> **Capital World Bond** <br> **Fund**<sup>®</sup> **- Class 1A**<sup>4</sup><br>| CRMC | 0.73% | -2.97% | -2.40% | N/A |  |
| Provide a high level of <br> current income; a <br> secondary objective is <br> capital appreciation<br>&nbsp;&nbsp; **American Funds**<sup>®</sup> **IS** <br> **American High-Income** <br> **Trust**<sup>®</sup> **- Class 1A**<sup>4</sup><br>| CRMC | 0.58%<sup>1</sup> <br>| 9.73% | 5.54% | N/A |  |
| Seek to match the <br> performance of the MSCI <br> EAFE Index in U.S. dollars <br> with net dividends as <br> closely as possible before <br> deduction of fund <br> expenses<br>&nbsp;&nbsp; **BlackRock International** <br> **Index V.I. Fund - Class I**<sup>5</sup><br>| BlackRock Advisors , LLC | 0.27%<sup>1</sup> <br>| 3.43% | 4.70% | 5.14% |  |
| Maximize total return, <br> consistent with income <br> generation and prudent <br> investment management<br>&nbsp;&nbsp; **BlackRock Total Return** <br> **V.I. Fund - Class I**<sup>5</sup><br>| &nbsp;&nbsp; BlackRock Advisors, LLC/<br> BlackRock International <br> Limited & BlackRock <br> (Singapore) Limited <br>| 0.47%<sup>1</sup> <br>| 1.38% | -0.21% | 1.42% |  |
| Long-term capital <br> appreciation<br>&nbsp;&nbsp; **Columbia VP Small Cap** <br> **Value Fund - Class 1**<sup>6</sup><br>| &nbsp;&nbsp; Columbia Management <br> Investment Advisers, LLC<br>| 0.88%<sup>1</sup> <br>| 8.87% | 11.24% | 9.24% |  |
| Total return<br> &nbsp;&nbsp; **Commodity Return** <br> **Strategy Portfolio – Class** <br> **2**<sup>7</sup><br>| &nbsp;&nbsp; UBS Asset Management <br> (Americas) LLC <sup>8</sup> <br>| 0.80%<sup>1</sup> <br>| 5.12% | N/A | N/A |  |
| Long-term growth of <br> capital<br>&nbsp;&nbsp; **Fidelity**<sup>®</sup> **VIP Mid Cap** <br> **Portfolio – Initial Class**<sup>9</sup><br>| &nbsp;&nbsp; Fidelity Management & <br> Research Company LLC <br> (FMR)<sup>10</sup> <br>| 0.57% | 17.49% | 11.34% | 9.21% |  |
| Long-term capital <br> appreciation <br>&nbsp;&nbsp; **Fidelity**<sup>®</sup> **VIP** <br> **Contrafund**<sup>SM</sup> **Portfolio –** <br> **Initial Class**<sup>9</sup><br>| FMR<sup>10</sup> <br>| 0.56% | 33.79% | 17.04% | 13.62% |  |
| Capital appreciation<br> &nbsp;&nbsp; **Fidelity**<sup>®</sup> **VIP Value** <br> **Strategies Portfolio -** <br> **Initial Class**<sup>9</sup><br>| FMR<sup>10</sup> <br>| 0.59% | 9.40% | 12.20% | 9.64% |  |
| Capital appreciation<br> &nbsp;&nbsp; **Fidelity**<sup>®</sup> **VIP Health Care** <br> **Portfolio - Initial Class**<sup>9</sup><br>| FMR<sup>10</sup> <br>| 0.59% | 5.14% | 5.46% | 7.96% |  |
| Capital appreciation<br> &nbsp;&nbsp; **Fidelity**<sup>®</sup> **VIP Technology** <br> **Portfolio - Initial Class**<sup>9</sup><br>| FMR<sup>10</sup> <br>| 0.57% | 35.59% | 23.82% | 21.93% |  |
| Seek to provide <br> investment results that <br> correspond to the <br> aggregate price and <br> interest performance of <br> debt securities in the <br> Bloomberg U.S. Aggregate <br> Bond Index<br>&nbsp;&nbsp; **Fidelity**<sup>®</sup> **VIP Bond Index** <br> **Portfolio - Initial Class**<sup>9</sup><br>| FMR <sup>10</sup> <br>| 0.14% | 1.21% | -0.46% | N/A |  |
| Long-term growth of <br> capital<br>&nbsp;&nbsp; **John Hancock Disciplined** <br> **Value International Trust** <br> **- Series NAV**<sup>11</sup><br>| &nbsp;&nbsp; John Hancock Variable Trust <br> Advisers LLC/Boston Partners <br> Global Investors, Inc.<br>| 0.78% | -0.35% | 5.89% | 4.45% |  |
| Long-term capital <br> appreciation and current <br> income<br>&nbsp;&nbsp; **John Hancock Real Estate** <br> **Securities Trust - Series** <br> **NAV**<sup>11</sup><br>| &nbsp;&nbsp; John Hancock Variable Trust <br> Advisers LLC/Wellington <br> Management Company LLP<br>| 0.76% | 10.79% | 4.43% | 6.14% |  |

---

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Objective** | &nbsp;&nbsp; **Portfolio and Adviser/**<br> **Sub-adviser (if applicable)** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2024)** | &nbsp;&nbsp; **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2024)** | &nbsp;&nbsp; **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2024)** |  |
| **Investment**<br> **Objective** | &nbsp;&nbsp; **Portfolio and Adviser/**<br> **Sub-adviser (if applicable)** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 Year** | **5 Year** |  | **10 Year** |
| High level of current <br> income<br>&nbsp;&nbsp; **John Hancock Strategic** <br> **Income Opportunities** <br> **Trust - Series NAV**<sup>11</sup><br>| &nbsp;&nbsp; John Hancock Variable Trust <br> Advisers LLC/Manulife <br> Investment Management <br> (US) LLC<br>| 0.73%<sup>1</sup> <br>| 3.16% | 1.81% | 2.65% |  |
| Long-term growth of <br> capital by investing <br> primarily in securities of <br> companies that meet the <br> [Portfolio's](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) environmental, <br> social and governance <br> criteria<br>&nbsp;&nbsp; **Sustainable Equity** <br> **Portfolio**<sup>12</sup><br>| &nbsp;&nbsp; Neuberger Berman <br> Investment Advisers LLC<br>| 0.89% | 25.84% | 13.97% | 11.44% |  |
| Long-term growth of <br> capital<br>&nbsp;&nbsp; **U.S. Strategic Equity** <br> **Fund**<sup>13</sup><br>| &nbsp;&nbsp; Russell Investment <br> Management LLC (RIM)<sup>14</sup> <br>| 0.90%<sup>1</sup> <br>| 20.50% | 12.42% | 11.07% |  |
| Long-term growth of <br> capital<br>&nbsp;&nbsp; **U.S. Small Cap Equity** <br> **Fund**<sup>13</sup><br>| RIM<sup>14</sup> <br>| 1.14%<sup>1</sup> <br>| 8.53% | 8.00% | 7.31% |  |
| Current income and long-<br> term growth of capital<br>&nbsp;&nbsp; **Global Real Estate** <br> **Securities Fund**<sup>13</sup><br>| RIM<sup>14</sup> <br>| 0.91% | 1.42% | -0.20% | 2.75% |  |
| Long-term growth of <br> capital<br>&nbsp;&nbsp; **International Developed** <br> **Markets Fund**<sup>13</sup><br>| RIM<sup>14</sup> <br>| 1.03%<sup>1</sup> <br>| 2.78% | 4.23% | 4.70% |  |
| Provide total return<br> **Strategic Bond Fund**<sup>13</sup> | RIM<sup>14</sup> <br>| 0.65%<sup>1</sup> <br>| 0.83% | -0.87% | 1.04% |  |
| Current income and <br> moderate long-term <br> capital appreciation<br>&nbsp;&nbsp; **LifePoints**<sup>®</sup> **Variable** <br> **Target Portfolio Series** <br> **Moderate Strategy** <br> **Fund**<sup>13</sup><br>| RIM<sup>14</sup> <br>| 0.85%<sup>1</sup> <br>| 6.48% | 2.86% | 3.67% |  |
| Above-average long-term <br> capital appreciation and a <br> moderate level of current <br> income<br>&nbsp;&nbsp; **LifePoints**<sup>®</sup> **Variable** <br> **Target Portfolio Series** <br> **Balanced Strategy Fund**<sup>13</sup><br>| RIM<sup>14</sup> <br>| 0.90%<sup>1</sup> <br>| 9.48% | 5.00% | 5.15% |  |
| High long-term capital <br> appreciation; and as a <br> secondary objective, <br> current income<br>&nbsp;&nbsp; **LifePoints**<sup>®</sup> **Variable** <br> **Target Portfolio Series** <br> **Aggressive Strategy** <br> **Fund**<sup>13</sup><br>| RIM<sup>14</sup> <br>| 0.97%<sup>1</sup> <br>| 11.94% | 7.10% | 6.50% |  |
| High long-term capital <br> appreciation<br>&nbsp;&nbsp; **LifePoints**<sup>®</sup> **Variable** <br> **Target Portfolio Series** <br> **Equity Aggressive** <br> **Strategy Fund**<sup>13</sup><br>| RIM<sup>14</sup> <br>| 1.00%<sup>1</sup> <br>| 13.09% | 7.58% | 6.97% |  |

---

<sup>1</sup>

This reflects an expense reimbursement and/or fee waiver arrangement that is in place and reported in the [Portfolio's](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) registration statement. This agreement may be terminated in the future and, therefore, the expense figures shown reflect temporary fee reductions.

<sup>2</sup>

A series of Northwestern Mutual Series Fund, Inc., for which Mason Street Advisors, LLC (MSA), our wholly-owned company, serves as investment adviser.

<sup>3</sup>

Although the Government Money Market [Portfolio](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) seeks to preserve its value at $1.00 per share, it is possible to lose money by investing in the Government Money Market [Portfolio](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84). An investment in a money market portfolio is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any government agency. During extended periods of low interest rates, the yield of a money market portfolio may also become extremely low and possibly negative.

<sup>4</sup>

A series of American [Funds](#bookmark_fund_ba9f27b6-d25f-4b32-bf6a-30678431ea84) Insurance Series<sup>®</sup>.

<sup>5</sup>

The BlackRock International Index V.I. [Fund](#bookmark_fund_ba9f27b6-d25f-4b32-bf6a-30678431ea84) and BlackRock Total Return V.I. [Fund](#bookmark_fund_ba9f27b6-d25f-4b32-bf6a-30678431ea84) are series of BlackRock Variable Series [Funds](#bookmark_fund_ba9f27b6-d25f-4b32-bf6a-30678431ea84), Inc. and BlackRock Variable Series [Funds](#bookmark_fund_ba9f27b6-d25f-4b32-bf6a-30678431ea84) II, Inc., respectively.

<sup>6</sup>

A series of Columbia [Funds](#bookmark_fund_ba9f27b6-d25f-4b32-bf6a-30678431ea84) Variable Insurance Trust.

<sup>7</sup>

A series of Credit Suisse Trust.

<sup>8</sup>

Effective May 1, 2024, Credit Suisse Asset Management, LLC merged into UBS Asset Management (Americas) LLC ("UBS AM (Americas)") as the surviving entity, and UBS AM (Americas) became the investment manager to the Portfolio.

<sup>9</sup>

The Fidelity<sup>®</sup> VIP Contrafund<sup>®</sup> [Portfolio](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) is a series of Variable Insurance Products [Fund](#bookmark_fund_ba9f27b6-d25f-4b32-bf6a-30678431ea84) II. The Fidelity<sup>®</sup> VIP Mid Cap [Portfolio](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) and Fidelity<sup>®</sup> VIP Value Strategies [Portfolio](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) are each a series of Variable Insurance Products [Fund](#bookmark_fund_ba9f27b6-d25f-4b32-bf6a-30678431ea84) III. The Fidelity<sup>®</sup> VIP Health Care [Portfolio](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) and Fidelity<sup>®</sup> VIP Technology [Portfolio](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) are each a series of Variable Insurance Products [Fund](#bookmark_fund_ba9f27b6-d25f-4b32-bf6a-30678431ea84) IV. The Fidelity<sup>®</sup> VIP Bond Index [Portfolio](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) is a series of Variable Insurance Products [Fund](#bookmark_fund_ba9f27b6-d25f-4b32-bf6a-30678431ea84) V.

<sup>10</sup>

The following affiliates of Fidelity Management & Research Company also assist with foreign investments for each [Portfolio](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84): Fidelity Management & Research (U.K.) Inc., Fidelity Management & Research (Hong Kong) Limited, and Fidelity Management & Research (Japan) Inc.

<sup>11</sup>

A series of John Hancock Variable Insurance Trust.

<sup>12</sup>

A series of Neuberger Berman Advisers Management Trust.

<sup>13</sup>

A series of Russell Investment [Funds](#bookmark_fund_ba9f27b6-d25f-4b32-bf6a-30678431ea84).

------

<sup>14</sup>

Assets of each [Portfolio](#bookmark_portfolio_ba9f27b6-d25f-4b32-bf6a-30678431ea84) are invested by one or more investment management organizations researched and recommended by Russell Investment Management LLC, the investment adviser for the Russell Investment [Funds](#bookmark_fund_ba9f27b6-d25f-4b32-bf6a-30678431ea84).

**Please retain a copy of this Supplement for future reference.**

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