# EDGAR Filing Document

**Accession Number:** 0001116625
**File Stem:** 0001193125-26-191283
**Filing Date:** 2026-4
**Character Count:** 113827
**Document Hash:** bdc37afe144609d2898cf850d8954d81
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-191283.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0001193125-26-191283

**CONFORMED SUBMISSION TYPE**: 497VPI

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**EFFECTIVENESS DATE**: 20260429

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SBL VARIABLE ANNUITY ACCOUNT XIV
- **CENTRAL INDEX KEY:** 0001116625

**ORGANIZATION NAME:**
- **EIN:** 480409770
- **STATE OF INCORPORATION:** KS
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497VPI
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-138540
- **FILM NUMBER:** 26915192

**BUSINESS ADDRESS:**
- **STREET 1:** SECURITY BENEFIT LIFE INSURANCE CO
- **STREET 2:** ONE SECURITY BENEFIT PLACE
- **CITY:** TOPEKA
- **STATE:** KS
- **ZIP:** 66636-0001
- **BUSINESS PHONE:** 7854383000

**MAIL ADDRESS:**
- **STREET 1:** SECURITY BENEFIT LIFE INSURANCE CO
- **STREET 2:** ONE SECURITY BENEFIT PLACE
- **CITY:** TOPEKA
- **STATE:** KS
- **ZIP:** 66636-0001

## Series and Classes Contracts Data

### SBL VARIABLE ANNUITY ACCOUNT XIV (Series ID: S000010520)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000098565 | EliteDesigns Variable Annuity (2011) |  |

**ELITEDESIGNS**<sup>®</sup> **VARIABLE ANNUITY**

**(for Contracts issued on or after April 18, 2011)**

**May 1, 2026**

**Individual Flexible Purchase Payment Deferred Variable Annuity Contract**

**SBL Variable Annuity Account XIV**

**Initial Summary Prospectus for New Investors** 

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| | |
|:---|:---|
| **Issued By:** | **Mailing Address:** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Security Benefit Life Insurance Company** <br> **One Security Benefit Place**<br> **Topeka, Kansas 66636-0001**<br> **1-800-888-2461**<br> **www.securitybenefit.com**<br>| **Security Benefit Life Insurance Company**<br> **P.O. Box 750497**<br> **Topeka, Kansas 66675-0497**<br>|

---

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This Initial Summary Prospectus describes the EliteDesigns Variable Annuity (the "Contract"), which is an Individual Flexible Purchase Payment Deferred Variable Annuity Contract issued by Security Benefit Life Insurance Company (the "Company"). This Initial Summary Prospectus is used with prospective purchasers.

This Initial Summary Prospectus summarizes key features of the Contract. Before you invest, you should also review the Prospectus for the Contract, which contains more information about the Contract's features, benefits, and risks.

You can find this document and other information about the Contract online at <u>https://vpx.broadridge.com/GetContract1.asp?doctype=pros&cid=sblife&fid=NRVA30032</u>. You can also obtain this information at no cost by calling 1-800-888-2461 or by sending an email request to SBLProspectusRequests@securitybenefit.com.

The Contract is a complex investment and involves risks, including potential loss of principal. The Contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash. Withdrawals could result in surrender charges, taxes, and tax penalties. Our obligations under the Contract are subject to our financial strength and claims-paying ability.

**You may cancel your Contract within 10 days of receiving it without paying fees or penalties. In some states, this cancellation period may be longer. Upon cancellation, you will receive either a full refund of the amount you paid with your application or your total Contract Value. You should review the Prospectus, or consult with your investment professional, for additional information about the specific cancellation terms that apply.** 

Additional information about certain investment products, including variable annuities, has been prepared by the Securities and Exchange Commission's staff and is available at <u>Investor.gov</u>.

SB-10009-10 2026/05/01

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**Table of Contents**

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| | |
|:---|:---|
|  | Page |
| **[Special Terms](#xx_9b51438c-be5b-4fab-9911-d78b3317b64b_1)** | **3**  |
| **[Overview of the Contract](#xx_9b51438c-be5b-4fab-9911-d78b3317b64b_2)** | **4**  |
| &nbsp;&nbsp;&nbsp; [Purpose of the Contract](#xx_9b51438c-be5b-4fab-9911-d78b3317b64b_2) | 4  |
| &nbsp;&nbsp;&nbsp; [Phases of the Contract](#xx_9b51438c-be5b-4fab-9911-d78b3317b64b_2) | 4  |
| &nbsp;&nbsp;&nbsp; [Contract Features](#xx_9b51438c-be5b-4fab-9911-d78b3317b64b_3) | 5  |
| &nbsp;&nbsp;&nbsp; [Additional Services](#xx_9b51438c-be5b-4fab-9911-d78b3317b64b_3) | 5  |
| **[Important Information You Should Consider About the Contract](#xx_9b51438c-be5b-4fab-9911-d78b3317b64b_3)** | **5**  |
| **[Benefits Available Under the Contract](#xx_9b51438c-be5b-4fab-9911-d78b3317b64b_6)** | **8**  |
| **[Buying the Contract](#xx_9b51438c-be5b-4fab-9911-d78b3317b64b_7)** | **9**  |
| **[Making Withdrawals: Accessing the Money in Your Contract](#xx_9b51438c-be5b-4fab-9911-d78b3317b64b_8)** | **10**  |
| &nbsp;&nbsp;&nbsp; [Full and Partial Withdrawals](#xx_9b51438c-be5b-4fab-9911-d78b3317b64b_8) | 10  |
| **[Additional Information About Fees](#xx_9b51438c-be5b-4fab-9911-d78b3317b64b_8)** | **10**  |
| &nbsp;&nbsp;&nbsp; [Transaction Expenses](#xx_9b51438c-be5b-4fab-9911-d78b3317b64b_9) | 11  |
| &nbsp;&nbsp;&nbsp; [Annual Contract Expenses](#xx_9b51438c-be5b-4fab-9911-d78b3317b64b_9) | 11  |
| &nbsp;&nbsp;&nbsp; [Annual Underlying Fund Expenses](#xx_9b51438c-be5b-4fab-9911-d78b3317b64b_9) | 11  |
| &nbsp;&nbsp;&nbsp; [Examples](#xx_9b51438c-be5b-4fab-9911-d78b3317b64b_9) | 11  |
| **[Appendix A](#xx_db2dcafb-5fae-49d3-80a5-c955764a7adb_1)[–](#xx_db2dcafb-5fae-49d3-80a5-c955764a7adb_1)[Investment Options Available Under the Contract](#xx_db2dcafb-5fae-49d3-80a5-c955764a7adb_1)** | **A-1**  |
| &nbsp;&nbsp;&nbsp; [Underlying Funds](#xx_db2dcafb-5fae-49d3-80a5-c955764a7adb_1) | A-1  |

---

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**Special Terms**

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Various terms commonly used in this Initial Summary Prospectus are defined as follows:

**Accumulation Unit —** A unit of measure used to calculate Contract Value.

**Administrative Office —** Security Benefit Life Insurance Company, P.O. Box 750497, Topeka, Kansas 66675-0497.

**Annuitant —** The person that you designate on whose life annuity payments may be determined. If you designate Joint Annuitants, "Annuitant" means both Annuitants unless otherwise stated.

**Annuity ("annuity") —** A series of periodic income payments made by the Company to an Annuitant, Joint Annuitant, or Designated Beneficiary during the period specified in the Annuity Options.

**Annuity Options —** Options under the Contract that prescribe the provisions under which a series of annuity payments are made.

**Annuity Period —** The period beginning on the Annuity Start Date during which annuity payments are made.

**Annuity Start Date —** The date when annuity payments begin.

**Annuity Unit —** A unit of measure used to calculate variable annuity payments under Annuity Options 1 through 4, 7 and 8.

**Automatic Investment Program —** A program pursuant to which Purchase Payments are automatically paid from your bank account on a specified day of each month or a salary reduction agreement.

**Company —** Security Benefit Life Insurance Company. The Company is also identified herein as "we," "our," or "us."

**Contract —** The flexible purchase payment deferred variable annuity contract described in this Initial Summary Prospectus.

**Contract Date —** The date the Contract begins as shown in your Contract. Contract anniversaries are measured from the Contract Date. The Contract Date is usually the date that the initial Purchase Payment is credited to the Contract.

**Contract Value —** The total value of your Contract as of any Valuation Date.

**Contract Year —** Each twelve-month period measured from the Contract Date.

**Designated Beneficiary —** The person having the right to the death benefit, if any, payable upon the death of the Owner or Joint Owner prior to the Annuity Start Date.

**General Account —** All assets of the Company other than those allocated to the Separate Account or to any other separate account of the Company.

**Internal Revenue Code or the Code —** The Internal Revenue Code of 1986, as amended.

**Owner —** The person entitled to the ownership rights under the Contract and in whose name the Contract is issued.

**Purchase Payment —** An amount initially paid to the Company as consideration for the Contract and any subsequent amounts paid to the Company under the Contract.

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**Separate Account —** SBL Variable Annuity Account XIV, a separate account of the Company that consists of accounts, referred to as Subaccounts, each of which invests in a corresponding Underlying Fund.

**Subaccount —** A division of the Separate Account which invests in a corresponding Underlying Fund.

**Underlying Fund —** A mutual fund or series thereof that serves as an investment vehicle for its corresponding Subaccount.

**Valuation Date —** Each date on which the Separate Account is valued, which currently includes each day that the New York Stock Exchange is open for trading. Each Valuation Date closes at the end of regular trading on the New York Stock Exchange (normally, 3:00 p.m. Central time). The New York Stock Exchange is scheduled to be closed on weekends and on the following holidays: New Year's Day, Martin Luther King, Jr. Day, Washington's Birthday, Good Friday, Memorial Day, Juneteenth National Independence Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day.

**Valuation Period —** A period used in measuring the investment experience of each Subaccount of the Separate Account. The Valuation Period begins at the close of one Valuation Date and ends at the close of the next Valuation Date.

**Withdrawal Value —** The amount you will receive upon full withdrawal of the Contract. It is equal to Contract Value less any uncollected premium taxes. The Withdrawal Value during the Annuity Period for variable annuity payments (or a combination of variable and fixed annuity payments) under Annuity Option 7 is the present value of future annuity payments commuted at the assumed interest rate, less any uncollected premium taxes.

**Overview of the Contract**

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**Purpose of the Contract —** The Contract is a variable annuity contract. It is designed for retirement planning purposes. You make investments in the Contract's investment options during the accumulation phase. The value of your investments is used to calculate your benefits under the Contract. At the end of the accumulation phase, we use that accumulated value to calculate the payments that we make during the annuity phase. These payments can provide or supplement your retirement income. Generally speaking, the longer your accumulation phase, the greater your accumulated value may be for setting your benefits and annuity payouts. The Contract also includes a death benefit to help financially protect your Designated Beneficiary.

This Contract may be appropriate for you if you have a long investment time horizon. This Contract is not intended for people who may need to make early or frequent withdrawals or who intend to engage in frequent trading in the Subaccounts that are available under the Contract. Because of the possibility of income tax and tax penalties on early withdrawals, the Contract should not be viewed as an investment vehicle offering low cost liquidity. Your financial goal in acquiring the Contract should focus on a long-term insurance product, offering the prospect of investment growth.

**Phases of the Contract —** The contract has two phases: (1) an accumulation phase (for savings) and (2) an annuity (payout) phase (for income).

**Accumulation Phase.** During the accumulation phase, earnings accumulate on a tax-deferred basis and are taxed as income when you make a withdrawal. To accumulate value during the accumulation phase, you invest your Purchase Payments and earnings in the Subaccounts that are available under the Contract, which, in turn, invest in Underlying Funds with different investment strategies, objectives, and risk/reward profiles. You may allocate all or part of your Purchase Payments and Contract Value to the Subaccounts. Amounts that you allocate to a Subaccount will increase or decrease in dollar value depending in part on the investment performance of the Underlying Fund in which such Subaccount invests.

**Additional information about the Underlying Funds currently available under the Contract is provided in Appendix A: Investment Options Available Under the Contract.**

**Annuity (Payout) Phase.** The Annuity phase occurs after the Annuity Start Date and is when you or a designated payee begin receiving regular Annuity payments from your Contract. The Contract provides several Annuity Options. You should carefully review the Annuity Options with your financial or tax adviser. We may make other Annuity Options available upon request. We may also discontinue the availability of one or more of these options at any time.

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Please note that if you annuitize, your investments will be converted to income payments and you generally will no longer be able to withdraw money at will from your Contract. However, under Annuity Options 5, 6 and 7 (and only if the Owner has elected variable annuity payments under Annuity Option 7), withdrawals (other than systematic withdrawals or withdrawals to pay investment advisory fees) are permitted after the Annuity Start Date. The Return of Premium Death Benefit terminates upon annuitization. The Company will continue to deduct the monthly Return of Premium Death Benefit Rider charge if you elect Annuity Option 5 or 6.

**Contract Features —** 

**Accessing Your Money.** Before your Contract is annuitized, you can withdraw money from your Contract at any time. If you take a withdrawal, you may have to pay income taxes, including a tax penalty, if you are younger than age 59½.

**Tax Treatment.** You can transfer money between investment options without tax implications, and earnings (if any) on your investments are generally tax-deferred. You are taxed only upon: (1) making a withdrawal; (2) surrender of the Contract; (3) receiving a payment from us; or (4) payment of a death benefit.

**Death Benefit.** The Contract includes a standard death benefit equal to the Contract Value reduced by any uncollected premium tax. If you purchased the optional rider that provides an enhanced death benefit, you have the opportunity to leave your beneficiary a death benefit greater than the standard death benefit.

**Return of Premium Death Benefit.** For an additional cost, under this rider, we will pay an enhanced death benefit upon the death of the Owner or any Joint Owner prior to the Annuity Start Date.

**Advisory Fees.** Deductions from your Contract Value to pay third-party advisory fees are treated as withdrawals under the Contract. If you elect to pay advisory fees from your Contract Value, then the deduction will reduce the death benefits, perhaps significantly, and may be subject to federal and state income taxes and a 10% federal penalty tax.

**Additional Services —** We offer several additional services:

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

**Dollar Cost Averaging.** You direct us to systematically transfer Contract Value among the Subaccounts on a monthly, quarterly, semiannual, or annual basis.

**Asset Reallocation Option.** You direct us to automatically reallocate your Contract Value to return to your original percentage investment allocations on a periodic basis.

**Automatic Investment Program.** Purchase Payments are automatically paid from your bank account on a specified day each month or pursuant to a salary reduction agreement.

**Systematic Withdrawals.** You receive regular automatic withdrawals from your Contract, on a monthly, quarterly, annual or semi-annual basis, provided that each payment must amount to at least $100 (unless we consent otherwise).

**Important Information You Should Consider About the Contract**

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| | | |
|:---|:---|:---|
|  | **FEES, EXPENSES, AND ADJUSTMENTS** | **Location in Prospectus** |
| **Are There** <br> **Charges or** <br> **Adjustments for** <br> **Early** <br> **Withdrawals?**<br>| **No.** The Company does not assess a withdrawal charge on full or partial <br> withdrawals. | **Fee Table**<br> **Fee Table – Examples**<br> **Charges and Deductions**<br>|
| **Are There** <br> **Transaction** <br> **Charges?**<br>| **No.** There are no charges for other transactions. | **Not Applicable** |

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**FEES, EXPENSES, AND ADJUSTMENTS** **Location in Prospectus** 

**RISKS** **Location in Prospectus** 

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**RESTRICTIONS** **Location in Prospectus** 

**TAXES** **Location in Prospectus** 

**CONFLICTS OF INTEREST** **Location in Prospectus** 

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| | | |
|:---|:---|:---|
|  | **CONFLICTS OF INTEREST** | **Location in Prospectus** |
| **Should I** <br> **Exchange my** <br> **Contract?**<br>| Some investment professionals may have a financial incentive to offer you a <br> new contract in place of the one you already own. You should only exchange a <br> contract you already own if you determine, after comparing the features, fees <br> and risks of both contracts, and any fees or penalties to terminate the existing <br> contract, that it is better for you to purchase the new contract rather than <br> continue to own your existing contract.<br>| **Additional** <br> **Compensation Paid to** <br> **Selected Selling** <br> **Broker-Dealers**<br>|

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**Benefits Available Under the Contract**

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**The following table summarizes information about the benefits available under the Contract.** 

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| | | | |
|:---|:---|:---|:---|
| **Standard Benefits** | **Standard Benefits** | **Standard Benefits** | **Standard Benefits** |
| **Name of** <br> **Benefit**<br>| **Purpose** | **Maximum Fee** | **Brief Description of Restrictions/Limitations** |
| Standard <br> Death Benefit<br>| &nbsp;&nbsp; Provides a death benefit equal to <br> the Contract Value.<br>| &nbsp;&nbsp; There is no <br> charge for this <br> option.<br>| &nbsp;&nbsp; <sup>●</sup>The death benefit will be reduced by any uncollected premium tax. |
| Dollar Cost <br> Averaging <br> Option<br>| &nbsp;&nbsp; Allows the systematic transfer of <br> a specified dollar amount or <br> percentage of Contract Value <br> among Subaccounts.<br>| &nbsp;&nbsp; There is no <br> charge for this <br> option.<br>| &nbsp;&nbsp;&nbsp;&nbsp; <sup>●</sup>The minimum amount that may be transferred to any one <br> Subaccount is $25.00.<br><sup>●</sup>The Company may discontinue, modify, or suspend Dollar Cost <br> Averaging at any time.<br><sup>●</sup>Transfers will be made until the total amount elected has been <br> transferred, or until Contract Value in the Subaccount from which <br> transfers are made has been depleted.<br><sup>●</sup>After termination of Dollar Cost Averaging for any reason, before <br> reinstating Dollar Cost Averaging, you must wait at least one month <br> if transfers were monthly, at least one quarter if transfers were <br> quarterly, at least six months if transfers were semiannual, and at <br> least one year if transfers were annual.<br>|
| Asset <br> Reallocation <br> Option<br>| &nbsp;&nbsp; Allows you to automatically <br> transfer Contract Value on a <br> monthly, quarterly, semiannual or <br> annual basis to maintain a <br> particular percentage allocation <br> among the Subaccounts.<br>| &nbsp;&nbsp; There is no <br> charge for this <br> option.<br>| &nbsp;&nbsp;&nbsp;&nbsp; <sup>●</sup>The Company may discontinue, modify, or suspend the Asset <br> Reallocation Option at any time.<br>|
| Automatic <br> Investment <br> Program<br>| &nbsp;&nbsp; A program pursuant to which <br> Purchase Payments are <br> automatically paid from your bank <br> account on a specified day of <br> each month or a salary reduction <br> agreement.<br>| &nbsp;&nbsp; There is no <br> charge for this <br> option.<br>| &nbsp;&nbsp;&nbsp;&nbsp; <sup>●</sup>The minimum subsequent Purchase Payment if you elect an <br> Automatic Investment Program is reduced to $50.<br>|
| Systematic <br> Withdrawals<br>| &nbsp;&nbsp; Allows you to set up periodic <br> automatic payments of a certain <br> percentage or dollar amount of <br> your Contract Value.<br>| &nbsp;&nbsp; There is no <br> charge for this <br> option.<br>| &nbsp;&nbsp;&nbsp;&nbsp; <sup>●</sup>Each payment must be at least $100 (unless we consent <br> otherwise).<br><sup>●</sup>Withdrawals may be subject to income tax and penalties.<br> <sup>●</sup>If an Owner is enrolled in the Dollar Cost Averaging or Asset <br> Reallocation Options, the Owner may not elect to receive <br> systematic withdrawals from any Subaccount that is part of the <br> Dollar Cost Averaging or Asset Reallocation Options.<br>|

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| | | |
|:---|:---|:---|
| **Optional Benefit** | **Optional Benefit** | **Optional Benefit** |
| **Name of** <br> **Benefit**<br>| **Purpose** | **Maximum Fee** <br> **(as a** <br> **percentage of** <br> **Contract Value)**<br>|
| Return of <br> Premium <br> Death Benefit<br>| &nbsp;&nbsp; Provides an enhanced death <br> benefit upon the death of the <br> Owner or any Joint Owner prior to <br> the Annuity Start Date.<br>| 0.35% <br> &nbsp;&nbsp;&nbsp;&nbsp; <sup>●</sup>The rider is only available at issue. You cannot change or cancel <br> the rider after it has been issued.<br><sup>●</sup>We will reduce the death benefit offered under this rider by any <br> uncollected premium tax.<br><sup>●</sup>If we do not receive due proof of death and instructions regarding <br> payment for each Designated Beneficiary at our Administrative <br> Office within six months of the date of the Owner's death, the <br> death benefit will be the Contract Value on the Valuation Date we <br> receive due proof of death and instructions regarding payment, <br> less any uncollected premium tax.<br><sup>●</sup>The Owner and any Joint Owner must be 80 or younger on the <br> Contract Date.<br><sup>●</sup>Certain withdrawals could significantly reduce or even terminate <br> the benefit, including systematic withdrawals and withdrawals used <br> to pay investment adviser fees.<br><sup>●</sup>The Company will continue to deduct the rider charge after the <br> Annuity Start Date if you elect Annuity Option 5 or 6.<br><sup>●</sup>Withdrawals (including withdrawals to pay advisory fees) reduce <br> the benefit proportionately. **This means withdrawals could** <br> **significantly reduce the benefit by substantially more than the** <br> **actual amount of the withdrawal, or even terminate the benefit.**<br>|

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**Buying the Contract**

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If you wish to purchase a Contract, you may submit an application and an initial Purchase Payment to the Company, as well as any other form or information that the Company may require. The Company reserves the right to reject an application or Purchase Payment for any reason, subject to the Company's underwriting standards and guidelines and any applicable state or federal law relating to nondiscrimination.

Your initial Purchase Payment must be at least $50,000. Thereafter, you may choose the amount and frequency of Purchase Payments, except that the minimum subsequent Purchase Payment is $500 ($50 under the Automatic Investment Program). Subject to the Aggregate Purchase Payment Limit discussed below, the Company will accept, without prior Company approval, an initial Purchase Payment in an amount up to $2,000,000 provided that (i) the Owner age at the time of issue is 81 or older (but not older than the maximum issue age) or (ii) the Contract is issued with a Return of Premium Death Benefit Rider. Subject to the Aggregate Purchase Payment Limit discussed below, the Company will accept without prior Company approval, an initial Purchase Payment in an amount up to $3,000,000 provided that (i) the Owner age at the time of issue is 80 or younger and (ii) the Contract is issued without a Return of Premium Death Benefit Rider. The Company will not accept, without prior Company approval, aggregate Purchase Payments in an amount that exceeds $3,000,000 under all variable annuity contract(s) issued by the Company for which you are an Owner and/or Joint Owner (the "Aggregate Purchase Payment Limit"). Subsequent Purchase Payments under a Qualified Plan may be limited by the terms of the plan and provisions of the Internal Revenue Code. The Company has the right to refuse any Purchase Payment.

The Company will apply the initial Purchase Payment no later than the end of the second Valuation Date after the Valuation Date it is received by the Company, in good order. In this regard "good order" means that the Purchase Payment is preceded or accompanied by an application that contains sufficient information to establish an account and properly credit such Purchase Payment. Sometimes the Purchase Payment is not preceded by or accompanied by a complete application. The application includes your affirmative consent permitting the Company to hold your initial Purchase Payment beyond five Valuation Dates in its effort to complete your application. If your application is incomplete, and the Company is unable to resolve the problem within five Valuation Dates, the Company will notify you of the reasons for the delay. If you affirmatively revoke the consent given with your application to hold your initial Purchase Payment pending resolution of the problem, we will return your Purchase Payment. Otherwise, the Purchase Payment will be applied not later than the second Valuation Date after the Valuation Date the problem is resolved.

The Company will credit subsequent Purchase Payments received in good order as of the end of the Valuation Date on which they are received by the Company; however, subsequent Purchase Payments received at or after

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close of a Valuation Date (normally 3:00 p.m. Central time) will be effected at the Accumulation Unit value determined on the following Valuation Date.

In an application for a Contract, you select the Subaccounts and/or the Fixed Account to which Purchase Paymentss will be allocated. Purchase Paymentss will be allocated according to your instructions contained in the application or more recent instructions received, if any, except that no Purchase Payments allocation is permitted that would result in less than $25.00 per payment being allocated to any one Subaccounts.

**Making Withdrawals: Accessing the Money in Your Contract**

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**Full and Partial Withdrawals —** An Owner may make a partial withdrawal of Contract Value, or surrender the Contract for its Withdrawal Value. Surrender and withdrawal payments will generally be mailed within seven days after we receive the request. A full or partial withdrawal, including a systematic withdrawal, may be taken from the Contract Value at any time while the Owner is living and before the Annuity Start Date, subject to limitations under applicable law. Withdrawals (other than systematic withdrawals or withdrawals to pay investment advisory fees) after the Annuity Start Date are permitted only under Annuity Options 5, 6 and 7 (and only if the Owner has elected variable annuity payments under Annuity Option 7). See "Annuity Period" for a discussion of withdrawals after the Annuity Start Date.

A full or partial withdrawal request will be effective as of the end of the Valuation Period that it is received by the Company at its Administrative Office; however, if it is received on a Valuation Date at or after the close of a Valuation Date (normally 3:00 p.m. Central time), the withdrawal will be effected at the Accumulation Unit value determined on the following Valuation Date. In addition, a withdrawal will not be processed unless it is accompanied by a properly completed Withdrawal Request form (including the Owner's signature and the written consent of any effective assignee or irrevocable beneficiary, if applicable).

The proceeds received upon a full withdrawal will be the Contract's Withdrawal Value. The Withdrawal Value is equal to the Contract Value as of the end of the Valuation Period during which the withdrawal is processed, less any uncollected premium taxes.

A partial withdrawal may be requested for a specified percentage or dollar amount of Contract Value. Each partial withdrawal must generally be at least $500 except systematic withdrawals. Partial withdrawals (including systematic withdrawals and withdrawals to pay investment advisory fees) will result in a payment of the amount specified in the partial withdrawal request less any applicable premium tax charge. Alternatively, you may request these amounts be deducted from your remaining Contract Value, provided there is sufficient Contract Value available.

There may be tax implications when you take out money, including a 10% penalty tax if the withdrawal is made prior to age 59½. Depending on the circumstances, the Internal Revenue Code or your retirement plan may restrict your ability to take withdrawals.

The deduction of advisory fees from your Contract Value is treated as a withdrawal under the Contract. Withdrawals to pay advisory fees may still be treated as withdrawals for tax purposes by the Company and/or the IRS. For Non-Qualified Contracts, all or a portion of the charges deducted from your Contract Value to pay advisory fees to a financial intermediary may be subject to federal and state income taxes and a 10% federal penalty tax. In a series of recent private latter rulings, the IRS has recognized that investment adviser fees may, in certain circumstances and subject to certain conditions, be deemed a part of a Non-Qualified Contract rather than a taxable distribution. We have received such a private letter ruling from the IRS and intend to tax report in accordance with that ruling. See "Charges and Deductions – Deduction of Advisory Fees" in the Prospectus.

**Additional Information About Fees**

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**The following tables describe the fees and expenses that you will pay when buying, owning, surrendering, or making withdrawals from an Investment Option or from the Contract. Please refer to your Contract specifications page for information about the specific fees you will pay each year based on the options you have elected.**

**The first table describes the fees and expenses that you will pay at the time that you buy the Contract, surrender or make withdrawals from an Investment Option or from the Contract, or transfer Contract Value between Investment Options. State premium taxes may also be deducted. The fees and expenses do not reflect any advisory fees paid to financial intermediaries from your Contract Value or other assets. If such charges were reflected, the fees and expenses would be higher.**

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**Transaction Expenses**

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| | |
|:---|:---|
|  | **Charge** |
| Sales Load Imposed on Purchase Payments | None |
| Surrender Charge (as a percentage of amount withdrawn attributable to Purchase Payments) | None |
| Transfer Processing Fee (per transfer) | None |

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**The next table describes the fees and expenses that you will pay *each year* during the time that you own the Contract (not including Underlying Fund fees and expenses). If you choose to purchase the optional rider, you will pay additional charges, as shown below.**

**Annual Contract Expenses**

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| | |
|:---|:---|
|  | **Charge** |
| Administrative Expenses |  |
| Base Contract Expenses (as a percentage of average Contract Value) | 0.45%<sup>1</sup> <br>|
| Optional Benefit Expenses – Return of Premium Death Benefit Rider Charge (as a percentage of <br> Contract Value)<br>| 0.35% |
| &nbsp;&nbsp;&nbsp;&nbsp; 1 This charge is based on the percentage of Contract Value allocated to the Separate Account. The Base Contract Expenses are 0.55% during <br> the Annuity Period. We reserve the right to apply a higher Base Contract charge to new Subaccounts we add in the future. | &nbsp;&nbsp;&nbsp;&nbsp; 1 This charge is based on the percentage of Contract Value allocated to the Separate Account. The Base Contract Expenses are 0.55% during <br> the Annuity Period. We reserve the right to apply a higher Base Contract charge to new Subaccounts we add in the future. |

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**The next table below shows the minimum and maximum total operating expenses charged by the Underlying Funds that you may pay periodically during the time that you own the Contract. Expenses shown may change over time and may be higher or lower in the future. A complete list of Underlying Funds available under the Contract, including their annual expenses, may be found in Appendix A to this Initial Summary Prospectus.**

**Annual Underlying Fund Expenses**

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| | | |
|:---|:---|:---|
|  | **Minimum** | **Maximum** |
| Annual Underlying Fund Expenses (expenses deducted from Underlying Fund assets include <br> management fees, distribution (12b-1) fees, service fees and other expenses)<br>| 0.09% | 5.82% |
| Net Annual Underlying Fund Expenses (after contractual waivers/reimbursements)<sup>1</sup> <br>| 0.09% | 5.67% |
| &nbsp;&nbsp;&nbsp;&nbsp; 1<br> Certain of the Underlying Funds have entered into contractual expense waiver or reimbursement arrangements that reduce fund expenses <br> during the period of the arrangement. These arrangements vary in length and are in place at least through April 30, 2027. | &nbsp;&nbsp;&nbsp;&nbsp; 1<br> Certain of the Underlying Funds have entered into contractual expense waiver or reimbursement arrangements that reduce fund expenses <br> during the period of the arrangement. These arrangements vary in length and are in place at least through April 30, 2027. | &nbsp;&nbsp;&nbsp;&nbsp; 1<br> Certain of the Underlying Funds have entered into contractual expense waiver or reimbursement arrangements that reduce fund expenses <br> during the period of the arrangement. These arrangements vary in length and are in place at least through April 30, 2027. |

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**Examples — These Examples are intended to help you compare the cost of investing in the Subaccounts with the cost of investing in other annuity contracts that offer Variable Options. These costs include transaction expenses, Annual Contract Expenses and annual Underlying Fund fees and expenses but do not include state premium taxes, which may be applicable to your Contract. The Examples do not reflect any advisory fees paid to financial intermediaries from your Contract Value or other assets. If such fees were reflected, the costs would be higher.**

**The Example assumes all Contract value is allocated to the Subaccounts. Your costs could differ from those shown below if you invest in the Fixed Account (if available).**

**These Examples assume that you invest $100,000 in the Subaccounts for the time periods indicated. The Examples also assume that your investment has a 5% return each year and you elect the optional benefit available for an additional charge. The first Example assumes the most expensive Annual Underlying Fund Expenses. The second Example assumes the least expensive Annual Underlying Fund Expenses. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:**

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| | | | | |
|:---|:---|:---|:---|:---|
| **Based on the Most Expensive Annual Underlying Fund Expenses** | **1 Year** | **3 Years** | **5 Years** | **10 Years** |
| If you surrender your Contract at the end of the applicable time period | &nbsp;&nbsp; $6566.38 | &nbsp;&nbsp; $19381.73 | &nbsp;&nbsp; $31785.23 | &nbsp;&nbsp; $61077.93 |
| If you do not surrender; or if you annuitize your Contract at the end of the <br> applicable time period.<br>| &nbsp;&nbsp; $6566.38 | &nbsp;&nbsp; $19381.73 | &nbsp;&nbsp; $31785.23 | &nbsp;&nbsp; $61077.93 |

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| | | | | |
|:---|:---|:---|:---|:---|
| **Based on the Least Expensive Annual Underlying Fund Expenses** | **1 Year** | **3 Years** | **5 Years** | **10 Years** |
| If you surrender your Contract at the end of the applicable time period | &nbsp;&nbsp; $908.29 | &nbsp;&nbsp; $2838.39 | &nbsp;&nbsp; $4930.42 | &nbsp;&nbsp; $10960.81 |
| If you do not surrender; or if you annuitize your Contract at the end of the <br> applicable time period<br>| &nbsp;&nbsp; $908.29 | &nbsp;&nbsp; $2838.39 | &nbsp;&nbsp; $4930.42 | &nbsp;&nbsp; $10960.81 |

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APPENDIX A

**Investment Options Available Under the Contract**

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**Underlying Funds —** The following is a list of Underlying Funds available under the Contract. More information about the Underlying Funds is available in the prospectuses for the Underlying Funds, which may be amended or updated from time to time, and can be found online at https://vpx.broadridge.com/GetContract1.asp?doctype=pros&cid=sblife&fid=NRVA30032. You can view, download, and print copies of Underlying Fund documents at this website. You can also request this information at no cost by calling 1-800-888-2461 or by sending an email request to SBLProspectusRequests@securitybenefit.com.

The current expenses and performance information below reflect the fees and expenses of the Underlying Funds, but do not reflect the other fees and expenses that your Contract may charge. Expenses would be higher and performance would be lower if these other charges were included. Each Underlying Fund's past performance is not necessarily an indication of future performance. Updated performance information is available online at https://www.securitybenefit.com/performance.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup>  | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** |
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup>  | **1 Year** | **5 Year** | **10 Year** |
| Mid Cap Value | AB Discovery Value – Class B<br> *Adviser:* AllianceBernstein L.P.<br>| 1.07% | &nbsp;&nbsp;&nbsp;&nbsp; 2.64% | &nbsp;&nbsp;&nbsp; 8.48% | &nbsp;&nbsp;&nbsp; 8.27% |
| Large Cap <br> Value<br>| AB Relative Value – Class B<br> *Adviser:* AllianceBernstein L.P.<br>| 0.85% | &nbsp;&nbsp; 10.20% | 11.15% | 10.30% |
| Global Equity | AB Sustainable Global Thematic – Class B<br> *Adviser:* AllianceBernstein L.P.<br>| 1.25% | &nbsp;&nbsp;&nbsp;&nbsp; 6.02% | &nbsp;&nbsp;&nbsp; 3.02% | &nbsp;&nbsp;&nbsp; 9.80% |
| Global <br> Allocation<br>| AB VPS Dynamic Asset Allocation – Class B<br> *Adviser:* AllianceBernstein L.P.<br>| 1.20% | &nbsp;&nbsp; 13.21% | &nbsp;&nbsp;&nbsp; 4.74% | &nbsp;&nbsp;&nbsp; 5.25% |
| Global Equity | AFIS Capital World Growth and Income – Class 4<br> *Adviser:* Capital Research and Management Company<br>| 1.01% | &nbsp;&nbsp; 24.46% | 10.01% | 10.74% |
| Government <br> Bond<br>| AFIS U.S. Government Securities – Class 4<br> *Adviser:* Capital Research and Management Company<br>| 0.84% | &nbsp;&nbsp;&nbsp;&nbsp; 7.54% | &nbsp;&nbsp; -0.49% | &nbsp;&nbsp;&nbsp; 1.45% |
| Large Cap <br> Blend<br>| AFIS Washington Mutual Investors – Class 4<br> *Adviser:* Capital Research and Management Company<br>| 0.90% | &nbsp;&nbsp; 16.90% | 13.60% | 12.08% |
| Large Cap <br> Growth<br>| Alger Capital Appreciation – Class S<sup>2</sup> <br>*Adviser:* Fred Alger Management, LLC<br>| 1.19% | &nbsp;&nbsp; 32.51% | 16.04% | 17.86% |
| Large Cap <br> Growth<br>| Alger Large Cap Growth – Class I-2<br> *Adviser:* Fred Alger Management, LLC<br>| 0.89% | &nbsp;&nbsp; 30.27% | 11.12% | 16.73% |
| Mid Cap Blend | Allspring Opportunity VT – Class 2<br> *Adviser:* Allspring Funds Management, LLC<br> *Sub-Adviser:* Allspring Global Investments, LLC<br>| 1.08% | &nbsp;&nbsp;&nbsp;&nbsp; 6.71% | &nbsp;&nbsp;&nbsp; 8.94% | 11.85% |
| Large Cap <br> Growth<br>| Allspring VT Discovery All Cap Growth – Class 2<br> *Adviser:* Allspring Funds Management, LLC<br> *Sub-Adviser:* Allspring Global Investments, LLC<br>| 1.04% | &nbsp;&nbsp; 15.27% | &nbsp;&nbsp;&nbsp; 6.04% | 13.57% |
| Specialty-Sector | ALPS/Alerian Energy Infrastructure – Class III<br> *Adviser:* ALPS Advisors, Inc.<br>| 1.30% | &nbsp;&nbsp;&nbsp;&nbsp; 4.66% | 22.06% | 10.70% |
| Balanced/Asset <br> Allocation<br>| American Funds IS<sup>®</sup> Asset Allocation – Class 4<br> *Adviser:* Capital Research and Management Company<br>| 0.79% | &nbsp;&nbsp; 15.59% | &nbsp;&nbsp;&nbsp; 8.70% | &nbsp;&nbsp;&nbsp; 9.50% |
| Global Bond | American Funds IS<sup>®</sup> Capital World Bond – Class 4<br> *Adviser:* Capital Research and Management Company<br>| 0.98% | &nbsp;&nbsp;&nbsp;&nbsp; 9.03% | &nbsp;&nbsp; -2.76% | &nbsp;&nbsp;&nbsp; 0.97% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** |
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **1 Year** | **5 Year** | **10 Year** |
| International <br> Equity<br>| American Funds IS<sup>®</sup> EUPAC Fund<sup>TM</sup> – Class 4<br> *Adviser:* Capital Research and Management Company<br>| 1.03% | &nbsp;&nbsp; 26.41% | &nbsp;&nbsp;&nbsp; 3.14% | &nbsp;&nbsp;&nbsp; 6.73% |
| Global Equity | American Funds IS<sup>®</sup> Global Growth – Class 4<br> *Adviser:* Capital Research and Management Company<br>| 1.01% | &nbsp;&nbsp; 21.34% | &nbsp;&nbsp;&nbsp; 7.97% | 11.89% |
| Large Cap <br> Growth<br>| American Funds IS<sup>®</sup> Growth – Class 4<br> *Adviser:* Capital Research and Management Company<br>| 0.83% | &nbsp;&nbsp; 19.93% | 13.09% | 17.67% |
| Large Cap <br> Blend<br>| American Funds IS<sup>®</sup> Growth-Income – Class 4<br> *Adviser:* Capital Research and Management Company<br>| 0.78% | &nbsp;&nbsp; 17.77% | 13.62% | 13.63% |
| International <br> Equity<br>| American Funds IS<sup>®</sup> International Growth and Income – <br> Class 4<br> *Adviser:* Capital Research and Management Company<br>| 1.06% | &nbsp;&nbsp; 35.09% | &nbsp;&nbsp;&nbsp; 7.42% | &nbsp;&nbsp;&nbsp; 7.54% |
| Intermediate <br> Term Bond<br>| American Funds IS<sup>®</sup> Mortgage – Class 4<br> *Adviser:* Capital Research and Management Company<br>| 0.89% | &nbsp;&nbsp;&nbsp;&nbsp; 8.32% | &nbsp;&nbsp;&nbsp; 0.06% | &nbsp;&nbsp;&nbsp; 1.43% |
| Emerging <br> Markets<br>| American Funds IS<sup>®</sup> New World – Class 4<br> *Adviser:* Capital Research and Management Company<br>| 1.15% | &nbsp;&nbsp; 27.92% | &nbsp;&nbsp;&nbsp; 5.06% | &nbsp;&nbsp;&nbsp; 8.98% |
| Global Equity | American Funds IS<sup>®</sup> SMALLCAP World Fund<sup>®</sup> – Class 4<br> *Adviser:* Capital Research and Management Company<br>| 1.20% | &nbsp;&nbsp; 14.33% | &nbsp;&nbsp;&nbsp; 0.23% | &nbsp;&nbsp;&nbsp; 6.96% |
| Large Cap <br> Blend<br>| BlackRock Advantage Large Cap Core V.I. – Class III<br> *Adviser:* BlackRock Advisors, LLC<br>| 1.03% | &nbsp;&nbsp; 19.73% | 13.85% | 14.08% |
| Large Cap <br> Value<br>| BlackRock Basic Value V.I. – Class III<br> *Adviser:* BlackRock Advisors, LLC<br>| 1.13% | &nbsp;&nbsp; 24.04% | 12.81% | 10.52% |
| Large Cap <br> Growth<br>| BlackRock Capital Appreciation V.I. – Class III<br> *Adviser:* BlackRock Advisors, LLC<br>| 1.37% | &nbsp;&nbsp; 11.77% | 10.50% | 15.32% |
| Large Cap <br> Value<br>| BlackRock Equity Dividend V.I. – Class III<br> *Adviser:* BlackRock Advisors, LLC<br>| 1.13% | &nbsp;&nbsp; 21.32% | 11.45% | 11.01% |
| Global <br> Allocation<br>| BlackRock Global Allocation V.I. – Class III<br> *Adviser:* BlackRock Advisors, LLC<br> *Sub-Adviser:* BlackRock (Singapore) Limited; BlackRock <br> International Limited<br>| 1.15% | &nbsp;&nbsp; 19.51% | &nbsp;&nbsp;&nbsp; 5.51% | &nbsp;&nbsp;&nbsp; 7.33% |
| High Yield Bond | BlackRock High Yield V.I. – Class III<br> *Adviser:* BlackRock Advisors, LLC<br> *Sub-Adviser:* BlackRock International Limited<br>| 0.88% | &nbsp;&nbsp;&nbsp;&nbsp; 9.09% | &nbsp;&nbsp;&nbsp; 4.57% | &nbsp;&nbsp;&nbsp; 6.07% |
| Large Cap <br> Growth<br>| BlackRock Large Cap Focus Growth V.I. – Class III<br> *Adviser:* BlackRock Advisors, LLC<br>| 1.15% | &nbsp;&nbsp; 11.48% | 10.19% | 15.98% |
| Small Cap <br> Blend<br>| BNY Mellon IP Small Cap Stock Index – Service Class<br> *Adviser:* BNY Mellon Investment Adviser, Inc.<br>| 0.61% | &nbsp;&nbsp;&nbsp;&nbsp; 5.36% | &nbsp;&nbsp;&nbsp; 6.65% | &nbsp;&nbsp;&nbsp; 9.15% |
| Specialty-Sector | BNY Mellon IP Technology Growth – Service Class<br> *Adviser:* BNY Mellon Investment Adviser, Inc.<br> *Sub-Adviser:* Newton Investment Management North <br> America, LLC<br>| 1.07% | &nbsp;&nbsp; 27.87% | &nbsp;&nbsp;&nbsp; 8.96% | 16.97% |
| Large Cap <br> Blend<br>| BNY Mellon Stock Index – Service Class<br> *Adviser:* BNY Mellon Investment Adviser, Inc.<br> *Sub-Adviser:* Mellon Investments Corporation<br>| 0.52% | &nbsp;&nbsp; 17.23% | 13.83% | 14.23% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** |
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **1 Year** | **5 Year** | **10 Year** |
| Large Cap <br> Blend<br>| BNY Mellon VIF Appreciation – Service Class<br> *Adviser:* BNY Mellon Investment Adviser, Inc.<br> *Sub-Adviser:* Fayez Sarofim & Co., LLC<br>| 1.10% | &nbsp;&nbsp;&nbsp;&nbsp; 9.78% | &nbsp;&nbsp;&nbsp; 9.08% | 12.63% |
| Global Equity | Dimensional VA Equity Allocation – Institutional Class<br> *Adviser:* Dimensional Fund Advisors LP<br> *Sub-Adviser:* Dimensional Fund Advisors Ltd.; DFA <br> Australia Limited<br>| 0.48% | &nbsp;&nbsp; 19.94% | 12.23% | &nbsp;&nbsp;&nbsp;&nbsp; N/A |
| Global Bond | Dimensional VA Global Bond Portfolio – Institutional <br> Class<br> *Adviser:* Dimensional Fund Advisors LP<br> *Sub-Adviser:* Dimensional Fund Advisors Ltd.; DFA <br> Australia Limited<br>| 0.21% | &nbsp;&nbsp;&nbsp;&nbsp; 4.35% | &nbsp;&nbsp;&nbsp; 1.38% | &nbsp;&nbsp;&nbsp; 1.81% |
| Global <br> Allocation<br>| Dimensional VA Global Moderate Allocation – <br> Institutional Class<br> *Adviser:* Dimensional Fund Advisors LP<br>| 0.43% | &nbsp;&nbsp; 14.68% | &nbsp;&nbsp;&nbsp; 8.42% | &nbsp;&nbsp;&nbsp; 8.65% |
| International <br> Equity<br>| Dimensional VA International Small Portfolio – <br> Institutional Class<br> *Adviser:* Dimensional Fund Advisors LP<br> *Sub-Adviser:* Dimensional Fund Advisors Ltd.; DFA <br> Australia Limited<br>| 0.39% | &nbsp;&nbsp; 36.99% | &nbsp;&nbsp;&nbsp; 8.89% | &nbsp;&nbsp;&nbsp; 8.68% |
| International <br> Equity<br>| Dimensional VA International Value Portfolio – <br> Institutional Class<br> *Adviser:* Dimensional Fund Advisors LP<br> *Sub-Adviser:* Dimensional Fund Advisors Ltd.; DFA <br> Australia Limited<br>| 0.27% | &nbsp;&nbsp; 45.64% | 15.85% | 10.46% |
| Short Term <br> Bond<br>| Dimensional VA Short-Term Fixed Portfolio – Institutional <br> Class<br> *Adviser:* Dimensional Fund Advisors LP<br> *Sub-Adviser:* Dimensional Fund Advisors Ltd.; DFA <br> Australia Limited<br>| 0.12% | &nbsp;&nbsp;&nbsp;&nbsp; 4.33% | &nbsp;&nbsp;&nbsp; 2.65% | &nbsp;&nbsp;&nbsp; 1.97% |
| Large Cap <br> Value<br>| Dimensional VA U.S. Large Value Portfolio – Institutional <br> Class<br> *Adviser:* Dimensional Fund Advisors LP<br>| 0.21% | &nbsp;&nbsp; 15.83% | 11.97% | 10.51% |
| Small Cap <br> Value<br>| Dimensional VA U.S. Targeted Value Portfolio – <br> Institutional Class<br> *Adviser:* Dimensional Fund Advisors LP<br>| 0.29% | &nbsp;&nbsp;&nbsp;&nbsp; 8.95% | 13.60% | 11.00% |
| Large Value | Donoghue Forlines Dividend VIT Fund – Class 1<br> *Adviser:* Donoghue Forlines LLC<br>| 2.77% | &nbsp;&nbsp; 17.19% | &nbsp;&nbsp;&nbsp; 8.72% | &nbsp;&nbsp;&nbsp; 3.46% |
| Tactical <br> Allocation<br>| Donoghue Forlines Momentum VIT Fund – Class 1<br> *Adviser:* Donoghue Forlines LLC<br>| 1.56% | &nbsp;&nbsp; 23.52% | 12.83% | &nbsp;&nbsp;&nbsp; 9.23% |
| Mid Cap Value | DWS Small Mid Cap Value VIP – Class B<br> *Adviser:* DWS Investment Management Americas, Inc.<br>| 1.24% | &nbsp;&nbsp; 17.85% | &nbsp;&nbsp;&nbsp; 9.27% | &nbsp;&nbsp;&nbsp; 7.18% |
| Floating Rate <br> Bond<br>| Eaton Vance VT Floating-Rate Income - Initial Class<br> *Adviser:* Eaton Vance Management<br>| 1.19% | &nbsp;&nbsp;&nbsp;&nbsp; 3.95% | &nbsp;&nbsp;&nbsp; 4.64% | &nbsp;&nbsp;&nbsp; 4.43% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** |
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **1 Year** | **5 Year** | **10 Year** |
| Intermediate <br> Government<br>| Federated Hermes Fund for U.S. Government Securities <br> II<br> *Adviser:* Federated Investment Management Company<br>| 1.02% | &nbsp;&nbsp;&nbsp;&nbsp; 6.80% | &nbsp;&nbsp; -0.84% | &nbsp;&nbsp;&nbsp; 1.06% |
| High Yield Bond | Federated Hermes High Income Bond II – Service Class<br> *Adviser:* Federated Investment Management Company<br>| 1.14% | &nbsp;&nbsp;&nbsp;&nbsp; 8.18% | &nbsp;&nbsp;&nbsp; 3.45% | &nbsp;&nbsp;&nbsp; 5.33% |
| Balanced/Asset <br> Allocation<br>| Fidelity<sup>®</sup> VIP Balanced – Service Class 2<br> *Adviser:* Fidelity Management & Research Company LLC<br> *Sub-Adviser:* FMR Investment Management (UK) <br> Limited; Fidelity Management & Research (Hong Kong) <br> Limited; Fidelity Management & Research (Japan) <br> Limited<br>| 0.66% | &nbsp;&nbsp; 14.96% | &nbsp;&nbsp;&nbsp; 9.24% | 10.84% |
| Large Cap <br> Blend<br>| Fidelity<sup>®</sup> VIP Contrafund<sup>®</sup> – Service Class 2<br> *Adviser:* Fidelity Management & Research Company LLC<br> *Sub-Adviser:* FMR Investment Management (UK) <br> Limited; Fidelity Management & Research (Hong Kong) <br> Limited; Fidelity Management & Research (Japan) <br> Limited<br>| 0.79% | &nbsp;&nbsp; 21.24% | 15.08% | 15.49% |
| Small Cap <br> Blend<br>| Fidelity<sup>®</sup> VIP Disciplined Small Cap – Service Class 2<br> *Adviser:* Fidelity Management & Research Company LLC<br>| 0.57% | &nbsp;&nbsp; 17.09% | 10.09% | 10.31% |
| Emerging <br> Markets<br>| Fidelity<sup>®</sup> VIP Emerging Markets – Service Class 2<br> *Adviser:* Fidelity Management & Research Company LLC<br> *Sub-Adviser:* FMR Investment Management (UK) <br> Limited; Fidelity Management & Research (Hong Kong) <br> Limited; Fidelity Management & Research (Japan) <br> Limited; FIL Investment Advisors; FIL Investment <br> Advisors (UK) Limited<br>| 1.12% | &nbsp;&nbsp; 40.79% | &nbsp;&nbsp;&nbsp; 5.62% | 10.66% |
| Large Cap <br> Growth<br>| Fidelity<sup>®</sup> VIP Growth & Income – Service Class 2<br> *Adviser:* Fidelity Management & Research Company LLC<br> *Sub-Adviser:* FMR Investment Management (UK) <br> Limited; Fidelity Management & Research (Hong Kong) <br> Limited; Fidelity Management & Research (Japan) <br> Limited<br>| 0.72% | &nbsp;&nbsp; 21.21% | 15.83% | 13.56% |
| Large Cap <br> Growth<br>| Fidelity<sup>®</sup> VIP Growth Opportunities – Service Class 2<br> *Adviser:* Fidelity Management & Research Company LLC<br> *Sub-Adviser:* FMR Investment Management (UK) <br> Limited; Fidelity Management & Research (Hong Kong) <br> Limited; Fidelity Management & Research (Japan) <br> Limited<br>| 0.81% | &nbsp;&nbsp; 21.73% | 11.04% | 19.64% |
| High Yield Bond | Fidelity<sup>®</sup> VIP High Income – Service Class 2<br> *Adviser:* Fidelity Management & Research Company LLC<br> *Sub-Adviser:* FMR Investment Management (UK) <br> Limited; Fidelity Management & Research (Hong Kong) <br> Limited; Fidelity Management & Research (Japan) <br> Limited<br>| 1.07% | &nbsp;&nbsp; 10.31% | &nbsp;&nbsp;&nbsp; 4.00% | &nbsp;&nbsp;&nbsp; 5.34% |
| Large Cap <br> Blend<br>| Fidelity<sup>®</sup> VIP Index 500 – Service Class 2<br> *Adviser:* Fidelity Management & Research Company LLC<br> *Sub-Adviser:* Geode Capital Management, LLC<br>| 0.34% | &nbsp;&nbsp; 17.48% | 14.03% | 14.42% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** |
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **1 Year** | **5 Year** | **10 Year** |
| Intermediate <br> Term Bond<br>| Fidelity<sup>®</sup> VIP Investment Grade Bond – Service Class 2<br> *Adviser:* Fidelity Management & Research Company LLC<br> *Sub-Adviser:* FMR Investment Management (UK) <br> Limited; Fidelity Management & Research (Hong Kong) <br> Limited; Fidelity Management & Research (Japan) <br> Limited<br>| 0.62% | &nbsp;&nbsp;&nbsp;&nbsp; 6.93% | &nbsp;&nbsp; -0.21% | &nbsp;&nbsp;&nbsp; 2.45% |
| Mid Cap Growth | Fidelity<sup>®</sup> VIP Mid Cap – Service Class 2<br> *Adviser:* Fidelity Management & Research Company LLC<br> *Sub-Adviser:* FMR Investment Management (UK) <br> Limited; Fidelity Management & Research (Hong Kong) <br> Limited; Fidelity Management & Research (Japan) <br> Limited<br>| 0.80% | &nbsp;&nbsp; 11.49% | &nbsp;&nbsp;&nbsp; 9.83% | 10.31% |
| International <br> Equity<br>| Fidelity<sup>®</sup> VIP Overseas – Service Class 2<br> *Adviser:* Fidelity Management & Research Company LLC<br> *Sub-Adviser:* FMR Investment Management (UK) <br> Limited; Fidelity Management & Research (Hong Kong) <br> Limited; Fidelity Management & Research (Japan) <br> Limited; FIL Investment Advisors; FIL Investment <br> Advisors (UK) Limited<br>| 0.97% | &nbsp;&nbsp; 20.05% | &nbsp;&nbsp;&nbsp; 6.35% | &nbsp;&nbsp;&nbsp; 7.55% |
| Specialty-Sector | Fidelity<sup>®</sup> VIP Real Estate – Service Class 2<br> *Adviser:* Fidelity Management & Research Company LLC<br> *Sub-Adviser:* FMR Investment Management (UK) <br> Limited; Fidelity Management & Research (Hong Kong) <br> Limited; Fidelity Management & Research (Japan) <br> Limited<br>| 0.85% | &nbsp;&nbsp;&nbsp;&nbsp; 2.90% | &nbsp;&nbsp;&nbsp; 3.98% | &nbsp;&nbsp;&nbsp; 3.61% |
| Multi-Sector <br> Bond<br>| Fidelity<sup>®</sup> VIP Strategic Income – Service Class 2<br> *Adviser:* Fidelity Management & Research Company LLC<br> *Sub-Adviser:* FMR Investment Management (UK) <br> Limited; Fidelity Management & Research (Hong Kong) <br> Limited; Fidelity Management & Research (Japan) <br> Limited; FIL Investment Advisors; FIL Investment <br> Advisors (UK) Limited<br>| 0.88% | &nbsp;&nbsp;&nbsp;&nbsp; 8.58% | &nbsp;&nbsp;&nbsp; 2.79% | &nbsp;&nbsp;&nbsp; 4.40% |
| Multi Cap <br> Growth<br>| Franklin DynaTech VIP Fund – Class 2<br> *Adviser:* Franklin Advisers, Inc.<br>| 0.88% | &nbsp;&nbsp; 18.13% | &nbsp;&nbsp;&nbsp; 9.09% | 14.08% |
| Large Cap <br> Value<br>| Franklin Growth and Income VIP Fund – Class 2<br> *Adviser:* Franklin Advisers, Inc.<br>| 1.04% | &nbsp;&nbsp; 16.90% | 11.90% | 11.12% |
| Balanced/Asset <br> Allocation<br>| Franklin Income VIP Fund – Class 2<br> *Adviser:* Franklin Advisers, Inc.<br>| 0.72% | &nbsp;&nbsp; 12.56% | &nbsp;&nbsp;&nbsp; 7.66% | &nbsp;&nbsp;&nbsp; 7.30% |
| Large Cap <br> Growth<br>| Franklin Large Cap Growth VIP Fund – Class 2<br> *Adviser:* Franklin Advisers, Inc.<br>| 1.11% | &nbsp;&nbsp;&nbsp;&nbsp; 7.22% | &nbsp;&nbsp;&nbsp; 6.83% | 12.87% |
| Global Equity | Franklin Mutual Global Discovery VIP Fund – Class 2<br> *Adviser:* Franklin Mutual Advisers, LLC<br>| 1.16% | &nbsp;&nbsp; 23.34% | 12.00% | &nbsp;&nbsp;&nbsp; 8.52% |
| Large Cap <br> Value<br>| Franklin Mutual Shares VIP Fund – Class 2<br> *Adviser:* Franklin Mutual Advisers, LLC<br>| 0.94% | &nbsp;&nbsp; 11.52% | &nbsp;&nbsp;&nbsp; 9.20% | &nbsp;&nbsp;&nbsp; 7.53% |
| Large Cap <br> Blend<br>| Franklin Rising Dividends VIP Fund – Class 2<br> *Adviser:* Franklin Advisers, Inc.<br>| 0.89% | &nbsp;&nbsp; 11.80% | &nbsp;&nbsp;&nbsp; 9.50% | 12.10% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** |
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **1 Year** | **5 Year** | **10 Year** |
| Small Cap <br> Value<br>| Franklin Small Cap Value VIP Fund – Class 2<br> *Adviser:* Franklin Mutual Advisers, LLC<br>| 0.92% | &nbsp;&nbsp;&nbsp;&nbsp; 7.65% | &nbsp;&nbsp;&nbsp; 8.86% | &nbsp;&nbsp;&nbsp; 9.81% |
| Small Cap <br> Growth<br>| Franklin Small-Mid Cap Growth VIP Fund – Class 2<br> *Adviser:* Franklin Advisers, Inc.<br>| 1.09% | &nbsp;&nbsp;&nbsp;&nbsp; 2.52% | &nbsp;&nbsp;&nbsp; 1.03% | &nbsp;&nbsp;&nbsp; 9.89% |
| Multi-Sector <br> Bond<br>| Franklin Strategic Income VIP Fund – Class 2<br> *Adviser:* Franklin Advisers, Inc.<br>| 1.08% | &nbsp;&nbsp;&nbsp;&nbsp; 7.24% | &nbsp;&nbsp;&nbsp; 1.92% | &nbsp;&nbsp;&nbsp; 3.10% |
| Government <br> Bond<br>| Franklin U.S. Government Securities VIP Fund – Class 2<br> *Adviser:* Franklin Advisers, Inc.<br>| 0.79% | &nbsp;&nbsp;&nbsp;&nbsp; 6.69% | &nbsp;&nbsp;&nbsp; 0.02% | &nbsp;&nbsp;&nbsp; 1.14% |
| International <br> Equity<br>| Goldman Sachs VIT International Equity Insights – <br> Service Class<br> *Adviser:* Goldman Sachs Asset Management L.P.<br>| 1.37% | &nbsp;&nbsp; 38.15% | 10.80% | &nbsp;&nbsp;&nbsp; 7.96% |
| Large Cap <br> Value<br>| Goldman Sachs VIT Large Cap Value – Service Class<br> *Adviser:* Goldman Sachs Asset Management L.P.<br>| 1.08% | &nbsp;&nbsp; 10.60% | 11.00% | &nbsp;&nbsp;&nbsp; 9.34% |
| Mid Cap Growth | Goldman Sachs VIT Mid Cap Growth – Service Class<br> *Adviser:* Goldman Sachs Asset Management L.P.<br>| 1.49% | &nbsp;&nbsp;&nbsp;&nbsp; 7.36% | &nbsp;&nbsp;&nbsp; 4.67% | 11.58% |
| Mid Cap Value | Goldman Sachs VIT Mid Cap Value – Service Class<br> *Adviser:* Goldman Sachs Asset Management L.P.<br>| 1.09% | &nbsp;&nbsp;&nbsp;&nbsp; 9.13% | &nbsp;&nbsp;&nbsp; 9.77% | &nbsp;&nbsp;&nbsp; 9.75% |
| Small Cap <br> Blend<br>| Goldman Sachs VIT Small Cap Equity Insights – Service <br> Class<br> *Adviser:* Goldman Sachs Asset Management L.P.<br>| 1.13% | &nbsp;&nbsp; 15.82% | 10.19% | 10.57% |
| Large Cap <br> Growth<br>| Goldman Sachs VIT Strategic Growth – Service Class<br> *Adviser:* Goldman Sachs Asset Management L.P.<br>| 1.04% | &nbsp;&nbsp; 17.58% | 12.47% | 16.13% |
| Floating Rate <br> Bond<br>| Guggenheim VIF Floating Rate Strategies<br> *Adviser:* Guggenheim Partners Investment Management, <br> LLC<br>| 1.54% | &nbsp;&nbsp;&nbsp;&nbsp; 3.57% | &nbsp;&nbsp;&nbsp; 4.56% | &nbsp;&nbsp;&nbsp; 4.12% |
| Specialty | Guggenheim VIF Global Managed Futures Strategy<br> *Adviser:* Security Investors, LLC<br>| 2.32% | &nbsp;&nbsp;&nbsp;&nbsp; 3.65% | &nbsp;&nbsp;&nbsp; 3.94% | &nbsp;&nbsp;&nbsp; 1.27% |
| High Yield Bond | Guggenheim VIF High Yield<br> *Adviser:* Guggenheim Partners Investment Management, <br> LLC<br>| 1.57% | &nbsp;&nbsp;&nbsp;&nbsp; 6.84% | &nbsp;&nbsp;&nbsp; 4.16% | &nbsp;&nbsp;&nbsp; 5.55% |
| Specialty | Guggenheim VIF Multi-Hedge Strategies<br> *Adviser:* Security Investors, LLC<br>| 1.80% | &nbsp;&nbsp;&nbsp;&nbsp; 1.25% | &nbsp;&nbsp;&nbsp; 1.23% | &nbsp;&nbsp;&nbsp; 1.62% |
| Intermediate <br> Term Bond<br>| Guggenheim VIF Total Return Bond<br> *Adviser:* Guggenheim Partners Investment Management, <br> LLC<br>| 1.04% | &nbsp;&nbsp;&nbsp;&nbsp; 7.48% | &nbsp;&nbsp; -0.21% | &nbsp;&nbsp;&nbsp; 3.13% |
| Large Cap <br> Growth<br>| Invesco V.I. American Franchise – Series II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.10% | &nbsp;&nbsp; 11.39% | 10.08% | 14.58% |
| Mid Cap Value | Invesco V.I. American Value – Series II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.14% | &nbsp;&nbsp; 20.76% | 17.56% | 12.01% |
| Global <br> Allocation<br>| Invesco V.I. Balanced-Risk Allocation – Series II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.60% | &nbsp;&nbsp;&nbsp;&nbsp; 8.69% | &nbsp;&nbsp;&nbsp; 2.27% | &nbsp;&nbsp;&nbsp; 4.91% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** |
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **1 Year** | **5 Year** | **10 Year** |
| Large Cap <br> Value<br>| Invesco V.I. Comstock – Series II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.00% | &nbsp;&nbsp; 17.14% | 15.14% | 11.67% |
| Large Cap <br> Blend<br>| Invesco V.I. Core Equity – Series II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.05% | &nbsp;&nbsp; 15.88% | 12.52% | 11.46% |
| Mid Cap Growth | Invesco V.I. Discovery Mid Cap Growth – Series II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.11% | &nbsp;&nbsp;&nbsp;&nbsp; 4.53% | &nbsp;&nbsp;&nbsp; 3.64% | 11.10% |
| Large Blend | Invesco V.I. Equally-Weighted S&P 500 – Series II<br> *Adviser:* Invesco Advisers, Inc.<br> *Sub-Adviser:* Invesco Capital Management LLC<br>| 0.59% | &nbsp;&nbsp; 10.82% | &nbsp;&nbsp;&nbsp; 9.89% | 11.11% |
| Balanced/Asset <br> Allocation<br>| Invesco V.I. Equity and Income – Series II<br> *Adviser:* Invesco Advisers, Inc.<br>| 0.82% | &nbsp;&nbsp; 12.52% | &nbsp;&nbsp;&nbsp; 8.68% | &nbsp;&nbsp;&nbsp; 8.64% |
| International <br> Equity<br>| Invesco V.I. EQV International Equity – Series II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.15% | &nbsp;&nbsp; 16.23% | &nbsp;&nbsp;&nbsp; 3.42% | &nbsp;&nbsp;&nbsp; 5.95% |
| Global Equity | Invesco V.I. Global – Series II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.06% | &nbsp;&nbsp; 15.02% | &nbsp;&nbsp;&nbsp; 7.01% | 10.72% |
| Specialty-Sector | Invesco V.I. Global Real Estate – Series II<br> *Adviser:* Invesco Advisers, Inc.<br> *Sub-Adviser:* Invesco Asset Management Limited<br>| 1.27% | &nbsp;&nbsp;&nbsp;&nbsp; 7.61% | &nbsp;&nbsp;&nbsp; 1.49% | &nbsp;&nbsp;&nbsp; 2.18% |
| Multi-Sector <br> Bond<br>| Invesco V.I. Global Strategic Income – Series II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.21% | &nbsp;&nbsp; 12.75% | &nbsp;&nbsp;&nbsp; 1.39% | &nbsp;&nbsp;&nbsp; 2.76% |
| Government <br> Bond<br>| Invesco V.I. Government Securities – Series II<br> *Adviser:* Invesco Advisers, Inc.<br>| 0.95% | &nbsp;&nbsp;&nbsp;&nbsp; 6.95% | &nbsp;&nbsp; -0.22% | &nbsp;&nbsp;&nbsp; 1.34% |
| Large Cap <br> Value<br>| Invesco V.I. Growth and Income – Series II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.00% | &nbsp;&nbsp; 15.30% | 12.56% | 10.46% |
| Specialty-Sector | Invesco V.I. Health Care – Series II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.24% | &nbsp;&nbsp; 15.08% | &nbsp;&nbsp;&nbsp; 3.54% | &nbsp;&nbsp;&nbsp; 6.31% |
| High Yield Bond | Invesco V.I. High Yield – Series II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.17% | &nbsp;&nbsp;&nbsp;&nbsp; 6.35% | &nbsp;&nbsp;&nbsp; 3.40% | &nbsp;&nbsp;&nbsp; 4.55% |
| International <br> Equity<br>| Invesco V.I. International Growth Fund – Series II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.43% | &nbsp;&nbsp; 15.53% | &nbsp;&nbsp;&nbsp; 1.88% | &nbsp;&nbsp;&nbsp; 5.34% |
| Mid Cap Blend | Invesco V.I. Main Street Mid Cap Fund<sup>®</sup> – Series II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.19% | &nbsp;&nbsp;&nbsp;&nbsp; 8.96% | &nbsp;&nbsp;&nbsp; 8.83% | &nbsp;&nbsp;&nbsp; 9.08% |
| Small Cap <br> Blend<br>| Invesco V.I. Main Street Small Cap Fund<sup>®</sup> – Series II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.09% | &nbsp;&nbsp;&nbsp;&nbsp; 8.44% | &nbsp;&nbsp;&nbsp; 8.07% | 10.31% |
| Speciality | Invesco V.I. S&P 500 Buffer Fund - December - Class II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.06% | &nbsp;&nbsp; 12.37% | &nbsp;&nbsp;&nbsp;&nbsp; N/A | &nbsp;&nbsp;&nbsp;&nbsp; N/A |
| Speciality | Invesco V.I. S&P 500 Buffer Fund - June - Class II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.05% | &nbsp;&nbsp; 13.35% | &nbsp;&nbsp;&nbsp;&nbsp; N/A | &nbsp;&nbsp;&nbsp;&nbsp; N/A |
| Speciality | Invesco V.I. S&P 500 Buffer Fund - March - Class II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.08% | &nbsp;&nbsp;&nbsp;&nbsp; 7.25% | &nbsp;&nbsp;&nbsp;&nbsp; N/A | &nbsp;&nbsp;&nbsp;&nbsp; N/A |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** |
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **1 Year** | **5 Year** | **10 Year** |
| Speciality | Invesco V.I. S&P 500 Buffer Fund - September - Class II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.04% | &nbsp;&nbsp; 12.63% | &nbsp;&nbsp;&nbsp;&nbsp; N/A | &nbsp;&nbsp;&nbsp;&nbsp; N/A |
| Small Cap <br> Blend<br>| Invesco V.I. Small Cap Equity – Series II<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.21% | &nbsp;&nbsp;&nbsp;&nbsp; 7.83% | &nbsp;&nbsp;&nbsp; 7.06% | &nbsp;&nbsp;&nbsp; 9.28% |
| Mid Cap Growth | Janus Henderson VIT Enterprise – Service Class<br> *Adviser:* Janus Henderson Investors US LLC<br>| 0.97% | &nbsp;&nbsp;&nbsp;&nbsp; 7.41% | &nbsp;&nbsp;&nbsp; 7.35% | 12.51% |
| Large Cap <br> Growth<br>| Janus Henderson VIT Forty – Service Class<br> *Adviser:* Janus Henderson Investors US LLC<br>| 0.87% | &nbsp;&nbsp; 17.86% | 11.37% | 15.96% |
| Mid Cap Value | Janus Henderson VIT Mid Cap Value – Service Class<br> *Adviser:* Janus Henderson Investors US LLC<br>| 1.11% | &nbsp;&nbsp;&nbsp;&nbsp; 6.29% | &nbsp;&nbsp;&nbsp; 8.43% | &nbsp;&nbsp;&nbsp; 8.40% |
| International <br> Equity<br>| Janus Henderson VIT Overseas – Service Class<br> *Adviser:* Janus Henderson Investors US LLC<br>| 0.96% | &nbsp;&nbsp; 28.58% | &nbsp;&nbsp;&nbsp; 9.17% | &nbsp;&nbsp;&nbsp; 8.97% |
| Large Cap <br> Growth<br>| Janus Henderson VIT Research – Service Class<br> *Adviser:* Janus Henderson Investors US LLC<br>| 1.07% | &nbsp;&nbsp; 18.10% | 13.83% | 15.59% |
| Multi-Sector <br> Bond<br>| Lord Abbett Series Bond-Debenture VC – Class VC<br> *Adviser:* Lord, Abbett & Co. LLC<br>| 0.98% | &nbsp;&nbsp;&nbsp;&nbsp; 8.33% | &nbsp;&nbsp;&nbsp; 2.10% | &nbsp;&nbsp;&nbsp; 4.72% |
| Small Cap <br> Growth<br>| Lord Abbett Series Developing Growth VC – Class VC<sup>2</sup> <br>*Adviser:* Lord, Abbett & Co. LLC<br>| 1.27% | &nbsp;&nbsp; 14.59% | &nbsp;&nbsp; -1.17% | 11.03% |
| Large Cap <br> Blend<br>| Lord Abbett Series Dividend Growth VC – Class VC<br> *Adviser:* Lord, Abbett & Co. LLC<br>| 1.00% | &nbsp;&nbsp; 15.98% | 12.34% | 13.06% |
| Large Cap <br> Blend<br>| Lord Abbett Series Fundamental Equity VC – Class VC<br> *Adviser:* Lord, Abbett & Co. LLC<br>| 1.19% | &nbsp;&nbsp; 14.29% | 11.36% | &nbsp;&nbsp;&nbsp; 9.75% |
| Large Cap <br> Blend<br>| Lord Abbett Series Growth and Income VC – Class VC<br> *Adviser:* Lord, Abbett & Co. LLC<br>| 0.93% | &nbsp;&nbsp; 17.29% | 13.34% | 11.12% |
| Mid Cap Growth | Lord Abbett Series Growth Opportunities VC – Class VC<br> *Adviser:* Lord, Abbett & Co. LLC<br>| 1.15% | &nbsp;&nbsp; 12.94% | &nbsp;&nbsp;&nbsp; 3.23% | 10.41% |
| Mid Cap Value | Lord Abbett Series Mid Cap Stock VC – Class VC<br> *Adviser:* Lord, Abbett & Co. LLC<br>| 1.15% | &nbsp;&nbsp;&nbsp;&nbsp; 7.05% | 10.16% | &nbsp;&nbsp;&nbsp; 7.98% |
| Intermediate <br> Term Bond<br>| Lord Abbett Series Total Return VC – Class VC<br> *Adviser:* Lord, Abbett & Co. LLC<br>| 0.71% | &nbsp;&nbsp;&nbsp;&nbsp; 7.19% | &nbsp;&nbsp;&nbsp; 0.06% | &nbsp;&nbsp;&nbsp; 2.27% |
| Inflation-<br> Protected Bond<br>| LVIP American Century Inflation Protection – Service <br> Class<br> *Adviser:* Lincoln Financial Investments Corporation<br> *Sub-Adviser:* American Century Investment <br> Management, Inc.<br>| 0.76% | &nbsp;&nbsp;&nbsp;&nbsp; 6.33% | &nbsp;&nbsp;&nbsp; 0.62% | &nbsp;&nbsp;&nbsp; 2.61% |
| International <br> Equity<br>| LVIP American Century International – Service Class<br> *Adviser:* Lincoln Financial Investments Corporation<br> *Sub-Adviser:* American Century Investment <br> Management, Inc.<br>| 1.20% | &nbsp;&nbsp; 15.81% | &nbsp;&nbsp;&nbsp; 1.71% | &nbsp;&nbsp;&nbsp; 6.27% |
| Mid Cap Value | LVIP American Century Mid Cap Value – Service Class<br> *Adviser:* Lincoln Financial Investments Corporation<br> *Sub-Adviser:* American Century Investment <br> Management, Inc.<br>| 1.03% | &nbsp;&nbsp;&nbsp;&nbsp; 8.83% | &nbsp;&nbsp;&nbsp; 8.72% | &nbsp;&nbsp;&nbsp; 8.96% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** |
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **1 Year** | **5 Year** | **10 Year** |
| Large Cap <br> Value<br>| LVIP American Century Value – Service Class<br> *Adviser:* Lincoln Financial Investments Corporation<br> *Sub-Adviser:* American Century Investment <br> Management, Inc.<br>| 0.90% | &nbsp;&nbsp; 15.85% | 11.47% | 10.07% |
| Large Cap <br> Value<br>| LVIP Avantis Large Cap Value – Service Class<br> *Adviser:* Lincoln Financial Investments Corporation<br> *Sub-Adviser:* American Century Investment <br> Management, Inc.<br>| 0.99% | &nbsp;&nbsp; 14.56% | &nbsp;&nbsp;&nbsp; 8.51% | 10.12% |
| Intermediate <br> Core Bond<br>| LVIP JPMorgan Core Bond – Service Class<br> *Adviser:* Lincoln Financial Investments Corporation<br> *Sub-Adviser:* J.P. Morgan Investment Management, Inc.<br>| 0.99% | &nbsp;&nbsp;&nbsp;&nbsp; 7.15% | &nbsp;&nbsp; -0.29% | &nbsp;&nbsp;&nbsp; 1.85% |
| Small Cap <br> Blend<br>| LVIP JPMorgan Small Cap Core – Service Class<br> *Adviser:* Lincoln Financial Investments Corporation<br> *Sub-Adviser:* J.P. Morgan Investment Management, Inc.<br>| 0.88% | &nbsp;&nbsp; 10.00% | &nbsp;&nbsp;&nbsp; 6.13% | &nbsp;&nbsp;&nbsp; 8.66% |
| Large Cap <br> Blend<br>| LVIP JPMorgan U.S. Equity – Service Class<br> *Adviser:* Lincoln Financial Investments Corporation<br> *Sub-Adviser:* J.P. Morgan Investment Management, Inc.<br>| 1.00% | &nbsp;&nbsp; 14.26% | 13.40% | 14.56% |
| Emerging <br> Markets<br>| MFS<sup>®</sup> VIT Emerging Markets Equity – Service Class<br> *Adviser:* Massachusetts Financial Services Company<br>| 2.14% | &nbsp;&nbsp; 33.35% | &nbsp;&nbsp;&nbsp; 4.11% | &nbsp;&nbsp;&nbsp; 7.65% |
| Global <br> Allocation<br>| MFS<sup>®</sup> VIT Global Tactical Allocation – Service Class<br> *Adviser:* Massachusetts Financial Services Company<br>| 1.13% | &nbsp;&nbsp; 15.21% | &nbsp;&nbsp;&nbsp; 4.60% | &nbsp;&nbsp;&nbsp; 5.40% |
| High Yield Bond | MFS<sup>®</sup> VIT High Yield – Service Class<br> *Adviser:* Massachusetts Financial Services Company<br>| 1.06% | &nbsp;&nbsp;&nbsp;&nbsp; 8.47% | &nbsp;&nbsp;&nbsp; 3.63% | &nbsp;&nbsp;&nbsp; 5.30% |
| Large Cap <br> Growth<br>| MFS<sup>®</sup> VIT II MA Investors Growth Stock – Service Class<br> *Adviser:* Massachusetts Financial Services Company<br>| 1.04% | &nbsp;&nbsp;&nbsp;&nbsp; 9.61% | &nbsp;&nbsp;&nbsp; 9.74% | 13.98% |
| International <br> Equity<br>| MFS<sup>®</sup> VIT II Research International – Service Class<br> *Adviser:* Massachusetts Financial Services Company<br>| 1.22% | &nbsp;&nbsp; 21.75% | &nbsp;&nbsp;&nbsp; 5.25% | &nbsp;&nbsp;&nbsp; 7.27% |
| International <br> Equity<br>| MFS<sup>®</sup> VIT International Intrinsic Value – Service Class<br> *Adviser:* Massachusetts Financial Services Company<br>| 1.16% | &nbsp;&nbsp; 32.96% | &nbsp;&nbsp;&nbsp; 7.02% | &nbsp;&nbsp;&nbsp; 9.68% |
| Large Cap <br> Blend<br>| MFS<sup>®</sup> VIT Investors Trust – Service Class<br> *Adviser:* Massachusetts Financial Services Company<br>| 1.07% | &nbsp;&nbsp; 13.32% | 11.06% | 12.21% |
| Small Cap <br> Growth<br>| MFS<sup>®</sup> VIT New Discovery – Service Class<br> *Adviser:* Massachusetts Financial Services Company<br>| 1.20% | &nbsp;&nbsp; 12.56% | &nbsp;&nbsp; -0.54% | 10.46% |
| Large Cap <br> Blend<br>| MFS<sup>®</sup> VIT Research – Service Class<br> *Adviser:* Massachusetts Financial Services Company<br>| 1.07% | &nbsp;&nbsp; 12.57% | 10.87% | 12.65% |
| Balanced/Asset <br> Allocation<br>| MFS<sup>®</sup> VIT Total Return – Service Class<br> *Adviser:* Massachusetts Financial Services Company<br>| 0.96% | &nbsp;&nbsp; 10.91% | &nbsp;&nbsp;&nbsp; 6.16% | &nbsp;&nbsp;&nbsp; 7.36% |
| Intermediate <br> Term Bond<br>| MFS<sup>®</sup> VIT Total Return Bond – Service Class<br> *Adviser:* Massachusetts Financial Services Company<br>| 0.79% | &nbsp;&nbsp;&nbsp;&nbsp; 6.94% | &nbsp;&nbsp; -0.09% | &nbsp;&nbsp;&nbsp; 2.38% |
| Specialty-Sector | MFS<sup>®</sup> VIT Utilities – Service Class<br> *Adviser:* Massachusetts Financial Services Company<br>| 1.04% | &nbsp;&nbsp; 14.76% | &nbsp;&nbsp;&nbsp; 7.38% | &nbsp;&nbsp;&nbsp; 9.22% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** |
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **1 Year** | **5 Year** | **10 Year** |
| Emerging <br> Markets Bond<br>| Morgan Stanley VIF Emerging Markets Debt – Class II<br> *Adviser:* Morgan Stanley Investment Management, Inc.<br> *Sub-Adviser:* Morgan Stanley Investment Management <br> Limited<br>| 1.62% | &nbsp;&nbsp; 15.24% | &nbsp;&nbsp;&nbsp; 2.66% | &nbsp;&nbsp;&nbsp; 4.46% |
| Emerging <br> Markets<br>| Morgan Stanley VIF Emerging Markets Equity – Class II<br> *Adviser:* Morgan Stanley Investment Management, Inc.<br> *Sub-Adviser:* Morgan Stanley Investment Management <br> Company<br>| 1.53% | &nbsp;&nbsp; 32.90% | &nbsp;&nbsp;&nbsp; 4.32% | &nbsp;&nbsp;&nbsp; 7.21% |
| Asset <br> Allocation/<br> Lifestyle<br>| Morningstar Aggressive Growth ETF Asset Allocation <br> Portfolio – Class II<br> *Adviser:* ALPS Advisors, Inc.<br> *Sub-Adviser:* Morningstar Investment Management LLC<br>| 0.85% | &nbsp;&nbsp; 20.00% | 10.55% | 10.36% |
| Asset <br> Allocation/<br> Lifestyle<br>| Morningstar Balanced ETF Asset Allocation Portfolio – <br> Class II<br> *Adviser:* ALPS Advisors, Inc.<br> *Sub-Adviser:* Morningstar Investment Management LLC<br>| 0.84% | &nbsp;&nbsp; 14.82% | &nbsp;&nbsp;&nbsp; 6.61% | &nbsp;&nbsp;&nbsp; 7.25% |
| Asset <br> Allocation/<br> Lifestyle<br>| Morningstar Conservative ETF Asset Allocation Portfolio <br> – Class II<br> *Adviser:* ALPS Advisors, Inc.<br> *Sub-Adviser:* Morningstar Investment Management LLC<br>| 0.93% | &nbsp;&nbsp;&nbsp;&nbsp; 8.82% | &nbsp;&nbsp;&nbsp; 2.19% | &nbsp;&nbsp;&nbsp; 3.50% |
| Asset <br> Allocation/<br> Lifestyle<br>| Morningstar Growth ETF Asset Allocation Portfolio – <br> Class II<br> *Adviser:* ALPS Advisors, Inc.<br> *Sub-Adviser:* Morningstar Investment Management LLC<br>| 0.82% | &nbsp;&nbsp; 17.91% | &nbsp;&nbsp;&nbsp; 8.82% | &nbsp;&nbsp;&nbsp; 9.05% |
| Asset <br> Allocation/<br> Lifestyle<br>| Morningstar Income and Growth ETF Asset Allocation <br> Portfolio – Class II<br> *Adviser:* ALPS Advisors, Inc.<br> *Sub-Adviser:* Morningstar Investment Management LLC<br>| 0.88% | &nbsp;&nbsp; 11.70% | &nbsp;&nbsp;&nbsp; 4.43% | &nbsp;&nbsp;&nbsp; 5.46% |
| Multi Cap Value | NAA All Cap Value Series<br> *Adviser:* New Age Alpha Advisors, LLC<br>| 1.15% | &nbsp;&nbsp; 12.87% | 11.12% | 10.40% |
| Large Cap <br> Value<br>| NAA Large Cap Value Series<br> *Adviser:* New Age Alpha Advisors, LLC<br>| 1.05% | &nbsp;&nbsp; 14.16% | 12.15% | 10.88% |
| Large Cap <br> Blend<br>| NAA Large Core Series<br> *Adviser:* New Age Alpha Advisors, LLC<br>| 1.16% | &nbsp;&nbsp; 16.43% | 13.65% | 14.25% |
| Large Cap <br> Growth<br>| NAA Large Growth Series<br> *Adviser:* New Age Alpha Advisors, LLC<br>| 1.17% | &nbsp;&nbsp; 17.02% | 13.89% | 17.04% |
| Mid Cap Growth | NAA Mid Growth Series<br> *Adviser:* New Age Alpha Advisors, LLC<br>| 1.18% | &nbsp;&nbsp;&nbsp;&nbsp; 2.17% | &nbsp;&nbsp;&nbsp; 4.48% | 10.63% |
| Small Cap <br> Value<br>| NAA Small Cap Value Series<br> *Adviser:* New Age Alpha Advisors, LLC<br>| 1.29% | &nbsp;&nbsp;&nbsp;&nbsp; 3.30% | &nbsp;&nbsp;&nbsp; 8.47% | &nbsp;&nbsp;&nbsp; 7.65% |
| Small Cap <br> Growth<br>| NAA Small Growth Series<br> *Adviser:* New Age Alpha Advisors, LLC<br>| 1.42% | &nbsp;&nbsp;&nbsp;&nbsp; 6.58% | &nbsp;&nbsp;&nbsp; 2.59% | &nbsp;&nbsp;&nbsp; 8.89% |
| Mid Cap Value | NAA SMid-Cap Value Series<br> *Adviser:* New Age Alpha Advisors, LLC<br>| 1.18% | &nbsp;&nbsp;&nbsp;&nbsp; 7.35% | &nbsp;&nbsp;&nbsp; 9.30% | &nbsp;&nbsp;&nbsp; 9.97% |

---

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---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** |
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **1 Year** | **5 Year** | **10 Year** |
| Global Equity | NAA World Equity Income Series<br> *Adviser:* New Age Alpha Advisors, LLC<br>| 1.18% | &nbsp;&nbsp; 22.75% | 11.42% | &nbsp;&nbsp;&nbsp; 9.99% |
| Specialty | Neuberger Berman Quality Equity Portfolio – Class I<br> *Adviser:* Neuberger Berman Investment Advisers LLC<br>| 0.87% | &nbsp;&nbsp; 13.74% | 12.83% | 12.94% |
| Global <br> Allocation<br>| Nomura VIP Asset Strategy - Service Class<br> *Adviser:* Delaware Management Company<br>| 1.04% | &nbsp;&nbsp; 16.66% | &nbsp;&nbsp;&nbsp; 7.07% | &nbsp;&nbsp;&nbsp; 7.84% |
| Balanced/Asset <br> Allocation<br>| Nomura VIP Balanced - Service Class<br> *Adviser:* Delaware Management Company<br>| 1.08% | &nbsp;&nbsp; 11.79% | &nbsp;&nbsp;&nbsp; 7.85% | &nbsp;&nbsp;&nbsp; 8.38% |
| Large Cap <br> Growth<br>| Nomura VIP Core Equity - Service Class<br> *Adviser:* Delaware Management Company<br>| 1.00% | &nbsp;&nbsp; 15.30% | 13.79% | 13.78% |
| Specialty-Sector | Nomura VIP Energy - Service Class<br> *Adviser:* Delaware Management Company<br> *Sub-Adviser:* Van Eck Associates Corporation<br>| 1.31% | &nbsp;&nbsp; 11.89% | 18.61% | &nbsp;&nbsp;&nbsp; 1.74% |
| Global Equity | Nomura VIP Global Growth - Service Class<br> *Adviser:* Delaware Management Company<br>| 1.24% | &nbsp;&nbsp; 17.93% | &nbsp;&nbsp;&nbsp; 9.99% | 10.71% |
| Large Cap <br> Growth<br>| Nomura VIP Growth - Service Class<br> *Adviser:* Delaware Management Company<br>| 1.01% | &nbsp;&nbsp;&nbsp;&nbsp; 8.41% | 11.89% | 15.40% |
| High Yield Bond | Nomura VIP High Income - Service Class<br> *Adviser:* Delaware Management Company<br> *Sub-Adviser:* Macquarie Investment Management Austria <br> Kapitalanlage AG; Macquarie Investment Management <br> Europe Limited, Macquarie Investment Management <br> Global Limited<br>| 0.97% | &nbsp;&nbsp;&nbsp;&nbsp; 7.17% | &nbsp;&nbsp;&nbsp; 3.73% | &nbsp;&nbsp;&nbsp; 5.56% |
| International <br> Equity<br>| Nomura VIP International Core Equity - Service Class<br> *Adviser:* Delaware Management Company<br>| 1.18% | &nbsp;&nbsp; 24.17% | &nbsp;&nbsp;&nbsp; 7.83% | &nbsp;&nbsp;&nbsp; 6.62% |
| Short Term <br> Bond<br>| Nomura VIP Limited-Term Bond - Service Class<br> *Adviser:* Delaware Management Company<br> *Sub-Adviser:* Macquarie Investment Management Austria <br> Kapitalanlage AG; Macquarie Investment Management <br> Europe Limited, Macquarie Investment Management <br> Global Limited<br>| 0.87% | &nbsp;&nbsp;&nbsp;&nbsp; 4.70% | &nbsp;&nbsp;&nbsp; 1.75% | &nbsp;&nbsp;&nbsp; 2.12% |
| Mid Cap Growth | Nomura VIP Mid Cap Growth - Service Class<br> *Adviser:* Delaware Management Company<br>| 1.17% | &nbsp;&nbsp;&nbsp;&nbsp; 1.18% | &nbsp;&nbsp; -0.08% | 10.66% |
| Specialty-Sector | Nomura VIP Natural Resources - Service Class<br> *Adviser:* Delaware Management Company<br> *Sub-Adviser:* Van Eck Associates Corporation; <br> Macquarie Investment Management Global Limited<br>| 1.29% | &nbsp;&nbsp; 37.75% | 15.73% | &nbsp;&nbsp;&nbsp; 6.94% |
| Specialty-Sector | Nomura VIP Science and Technology - Service Class<br> *Adviser:* Delaware Management Company<br>| 1.15% | &nbsp;&nbsp; 33.36% | 13.71% | 17.20% |
| Small Cap <br> Growth<br>| Nomura VIP Small Cap Growth - Service Class<br> *Adviser:* Delaware Management Company<br>| 1.21% | &nbsp;&nbsp; 13.39% | &nbsp;&nbsp;&nbsp; 2.20% | &nbsp;&nbsp;&nbsp; 8.69% |
| Small Cap <br> Blend<br>| Nomura VIP Smid Cap Core - Service Class<br> *Adviser:* Delaware Management Company<br>| 1.20% | &nbsp;&nbsp;&nbsp;&nbsp; 8.39% | &nbsp;&nbsp;&nbsp; 8.07% | &nbsp;&nbsp;&nbsp; 9.91% |

---

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** |
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **1 Year** | **5 Year** | **10 Year** |
| Large Cap <br> Value<br>| Nomura VIP Value - Service Class<br> *Adviser:* Delaware Management Company<br>| 1.04% | &nbsp;&nbsp;&nbsp;&nbsp; 9.41% | &nbsp;&nbsp;&nbsp; 9.49% | &nbsp;&nbsp;&nbsp; 8.92% |
| Specialty | PIMCO VIT All Asset – Advisor Class<br> *Adviser:* Pacific Investment Management Company LLC<br> *Sub-Adviser:* Research Affiliates LLC<br>| 2.32% | &nbsp;&nbsp; 14.19% | &nbsp;&nbsp;&nbsp; 5.49% | &nbsp;&nbsp;&nbsp; 6.67% |
| Specialty-Sector | PIMCO VIT CommodityRealReturn Strategy – Advisor <br> Class<br> *Adviser:* Pacific Investment Management Company LLC<br>| 3.48% | &nbsp;&nbsp; 18.85% | 10.47% | &nbsp;&nbsp;&nbsp; 6.43% |
| Emerging <br> Markets Bond<br>| PIMCO VIT Emerging Markets Bond – Advisor Class<br> *Adviser:* Pacific Investment Management Company LLC<br>| 1.27% | &nbsp;&nbsp; 14.86% | &nbsp;&nbsp;&nbsp; 2.34% | &nbsp;&nbsp;&nbsp; 4.96% |
| Global Bond | PIMCO VIT Global Bond Opportunities Portfolio <br> (Unhedged) – Advisor Class<br> *Adviser:* Pacific Investment Management Company LLC<br>| 1.25% | &nbsp;&nbsp; 12.76% | &nbsp;&nbsp;&nbsp; 0.07% | &nbsp;&nbsp;&nbsp; 2.36% |
| Global <br> Allocation<br>| PIMCO VIT Global Managed Asset Allocation – Advisor <br> Class<br> *Adviser:* Pacific Investment Management Company LLC<br>| 1.51% | &nbsp;&nbsp; 21.77% | &nbsp;&nbsp;&nbsp; 6.94% | &nbsp;&nbsp;&nbsp; 7.88% |
| High Yield Bond | PIMCO VIT High Yield – Advisor Class<br> *Adviser:* Pacific Investment Management Company LLC<br>| 0.91% | &nbsp;&nbsp;&nbsp;&nbsp; 8.85% | &nbsp;&nbsp;&nbsp; 3.87% | &nbsp;&nbsp;&nbsp; 5.47% |
| International <br> Bond<br>| PIMCO VIT International Bond Portfolio (Unhedged) – <br> Advisor Class<br> *Adviser:* Pacific Investment Management Company LLC<br>| 1.13% | &nbsp;&nbsp; 10.04% | &nbsp;&nbsp; -3.37% | &nbsp;&nbsp;&nbsp; 0.86% |
| Short Term <br> Bond<br>| PIMCO VIT Low Duration – Advisor Class<br> *Adviser:* Pacific Investment Management Company LLC<br>| 0.76% | &nbsp;&nbsp;&nbsp;&nbsp; 5.42% | &nbsp;&nbsp;&nbsp; 1.47% | &nbsp;&nbsp;&nbsp; 1.69% |
| Inflation-<br> Protected Bond<br>| PIMCO VIT Real Return – Advisor Class<br> *Adviser:* Pacific Investment Management Company LLC<br>| 1.49% | &nbsp;&nbsp;&nbsp;&nbsp; 7.74% | &nbsp;&nbsp;&nbsp; 1.11% | &nbsp;&nbsp;&nbsp; 3.11% |
| Short Term <br> Bond<br>| PIMCO VIT Short-Term – Advisor Class<br> *Adviser:* Pacific Investment Management Company LLC<br>| 0.75% | &nbsp;&nbsp;&nbsp;&nbsp; 4.57% | &nbsp;&nbsp;&nbsp; 3.14% | &nbsp;&nbsp;&nbsp; 2.65% |
| Intermediate <br> Term Bond<br>| PIMCO VIT Total Return – Advisor Class<br> *Adviser:* Pacific Investment Management Company LLC<br>| 0.83% | &nbsp;&nbsp;&nbsp;&nbsp; 8.78% | &nbsp;&nbsp; -0.08% | &nbsp;&nbsp;&nbsp; 2.26% |
| Multi Cap Blend | Putnam VT Core Equity – Class IB<br> *Adviser:* Putnam Investment Management, LLC<br> *Sub-Adviser:* Franklin Advisers, Inc.; Franklin Templeton <br> Investment Management Limited<br>| 0.92% | &nbsp;&nbsp; 16.81% | 15.96% | 15.20% |
| Multi-Sector <br> Bond<br>| Putnam VT Diversified Income – Class IB<br> *Adviser:* Franklin Advisers, Inc.<br> *Sub-Adviser:* Putnam Investment Management, LLC; <br> Franklin Templeton Investment Management Limited<br>| 1.05% | &nbsp;&nbsp;&nbsp;&nbsp; 8.58% | &nbsp;&nbsp;&nbsp; 1.81% | &nbsp;&nbsp;&nbsp; 3.03% |
| Global <br> Allocation<br>| Putnam VT Global Asset Allocation – Class IB<br> *Adviser:* Franklin Advisers, Inc.<br> *Sub-Adviser:* Putnam Investment Management, LLC; <br> Franklin Templeton Investment Management Limited; <br> The Putnam Advisory Company, LLC<br>| 1.11% | &nbsp;&nbsp; 14.38% | &nbsp;&nbsp;&nbsp; 8.39% | &nbsp;&nbsp;&nbsp; 8.43% |

---

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---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** |
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **1 Year** | **5 Year** | **10 Year** |
| High Yield Bond | Putnam VT High Yield – Class IB<br> *Adviser:* Franklin Advisers, Inc.<br> *Sub-Adviser:* Putnam Investment Management, LLC; <br> Franklin Templeton Investment Management Limited<br>| 0.96% | &nbsp;&nbsp;&nbsp;&nbsp; 8.67% | &nbsp;&nbsp;&nbsp; 4.05% | &nbsp;&nbsp;&nbsp; 5.70% |
| Intermediate <br> Term Bond<br>| Putnam VT Income – Class IB<br> *Adviser:* Franklin Advisers, Inc.<br> *Sub-Adviser:* Putnam Investment Management, LLC; <br> Franklin Templeton Investment Management Limited<br>| 0.82% | &nbsp;&nbsp;&nbsp;&nbsp; 7.25% | &nbsp;&nbsp; -1.13% | &nbsp;&nbsp;&nbsp; 1.89% |
| Large Cap <br> Growth<br>| Putnam VT Large Cap Growth – Class IB<br> *Adviser:* Putnam Investment Management, LLC<br> *Sub-Adviser:* Franklin Advisers, Inc.; Franklin Templeton <br> Investment Management Limited<br>| 0.87% | &nbsp;&nbsp; 14.34% | 13.44% | 17.66% |
| Large Cap <br> Value<br>| Putnam VT Large Cap Value – Class IB<br> *Adviser:* Putnam Investment Management, LLC<br> *Sub-Adviser:* Franklin Advisers, Inc.; Franklin Templeton <br> Investment Management Limited<br>| 0.79% | &nbsp;&nbsp; 20.35% | 15.38% | 13.30% |
| Small Cap <br> Growth<br>| Putnam VT Small Cap Growth – Class IB<br> *Adviser:* Putnam Investment Management, LLC<br> *Sub-Adviser:* Franklin Advisers, Inc.; Franklin Templeton <br> Investment Management Limited<br>| 1.17% | &nbsp;&nbsp;&nbsp;&nbsp; 8.80% | &nbsp;&nbsp;&nbsp; 6.18% | 11.45% |
| Specialty-Sector | Rydex VIF Banking<br> *Adviser:* Security Investors, LLC<br>| 1.83% | &nbsp;&nbsp; 23.74% | 11.69% | &nbsp;&nbsp;&nbsp; 8.98% |
| Specialty-Sector | Rydex VIF Basic Materials<br> *Adviser:* Security Investors, LLC<br>| 1.83% | &nbsp;&nbsp; 32.89% | &nbsp;&nbsp;&nbsp; 9.42% | 11.58% |
| Specialty-Sector | Rydex VIF Biotechnology<br> *Adviser:* Security Investors, LLC<br>| 1.84% | &nbsp;&nbsp; 30.12% | &nbsp;&nbsp;&nbsp; 3.55% | &nbsp;&nbsp;&nbsp; 5.42% |
| Specialty-Sector | Rydex VIF Commodities Strategy<br> *Adviser:* Security Investors, LLC<br>| 1.96% | &nbsp;&nbsp;&nbsp;&nbsp; 4.89% | 12.80% | &nbsp;&nbsp;&nbsp; 4.76% |
| Specialty-Sector | Rydex VIF Consumer Products<br> *Adviser:* Security Investors, LLC<br>| 1.84% | &nbsp;&nbsp;&nbsp; -3.52% | &nbsp;&nbsp;&nbsp; 1.32% | &nbsp;&nbsp;&nbsp; 3.80% |
| Specialty | Rydex VIF Dow 2x Strategy<br> *Adviser:* Security Investors, LLC<br>| 1.95% | &nbsp;&nbsp; 19.49% | 14.77% | 18.17% |
| Specialty-Sector | Rydex VIF Electronics<br> *Adviser:* Security Investors, LLC<br>| 1.83% | &nbsp;&nbsp; 41.49% | 18.80% | 23.66% |
| Specialty-Sector | Rydex VIF Energy<br> *Adviser:* Security Investors, LLC<br>| 1.84% | &nbsp;&nbsp;&nbsp;&nbsp; 7.51% | 19.52% | &nbsp;&nbsp;&nbsp; 4.64% |
| Specialty-Sector | Rydex VIF Energy Services<br> *Adviser:* Security Investors, LLC<br>| 1.84% | &nbsp;&nbsp;&nbsp;&nbsp; 1.74% | 10.39% | &nbsp;&nbsp; -5.65% |
| International <br> Equity<br>| Rydex VIF Europe 1.25x Strategy<br> *Adviser:* Security Investors, LLC<br>| 1.97% | &nbsp;&nbsp; 36.46% | 10.40% | &nbsp;&nbsp;&nbsp; 7.59% |
| Specialty-Sector | Rydex VIF Financial Services<br> *Adviser:* Security Investors, LLC<br>| 1.88% | &nbsp;&nbsp; 10.76% | 11.31% | &nbsp;&nbsp;&nbsp; 9.88% |
| Government <br> Bond<br>| Rydex VIF Government Long Bond 1.2x Strategy<br> *Adviser:* Security Investors, LLC<br>| 1.51% | &nbsp;&nbsp;&nbsp;&nbsp; 1.67% | -13.64% | &nbsp;&nbsp; -3.35% |

---

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** |
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **1 Year** | **5 Year** | **10 Year** |
| Specialty-Sector | Rydex VIF Health Care<br> *Adviser:* Security Investors, LLC<br>| 1.84% | &nbsp;&nbsp; 14.07% | &nbsp;&nbsp;&nbsp; 4.64% | &nbsp;&nbsp;&nbsp; 7.44% |
| High Yield Bond | Rydex VIF High Yield Strategy<br> *Adviser:* Security Investors, LLC<br>| 1.80% | &nbsp;&nbsp;&nbsp;&nbsp; 9.87% | &nbsp;&nbsp;&nbsp; 3.52% | &nbsp;&nbsp;&nbsp; 4.77% |
| Specialty-Sector | Rydex VIF Internet<br> *Adviser:* Security Investors, LLC<br>| 1.84% | &nbsp;&nbsp; 18.50% | &nbsp;&nbsp;&nbsp; 2.54% | 11.93% |
| Specialty | Rydex VIF Inverse Dow 2x Strategy<br> *Adviser:* Security Investors, LLC<br>| 1.94% | -20.69% | -18.02% | -25.05% |
| Specialty | Rydex VIF Inverse Government Long Bond Strategy<br> *Adviser:* Security Investors, LLC<br>| 5.82% | &nbsp;&nbsp;&nbsp;&nbsp; 1.85% | 12.87% | &nbsp;&nbsp;&nbsp; 1.41% |
| Specialty | Rydex VIF Inverse Mid-Cap Strategy<br> *Adviser:* Security Investors, LLC<br>| 2.03% | &nbsp;&nbsp;&nbsp; -5.11% | &nbsp;&nbsp; -7.51% | -10.94% |
| Specialty | Rydex VIF Inverse NASDAQ-100<sup>®</sup> Strategy<br> *Adviser:* Security Investors, LLC<br>| 1.98% | -16.18% | -13.53% | -17.67% |
| Specialty | Rydex VIF Inverse Russell 2000<sup>®</sup> Strategy<br> *Adviser:* Security Investors, LLC<br>| 1.98% | &nbsp;&nbsp;&nbsp; -9.58% | &nbsp;&nbsp; -6.24% | -11.19% |
| Specialty | Rydex VIF Inverse S&P 500 Strategy<br> *Adviser:* Security Investors, LLC<br>| 1.94% | -11.76% | -10.49% | -12.91% |
| International <br> Equity<br>| Rydex VIF Japan 2x Strategy<br> *Adviser:* Security Investors, LLC<br>| 1.73% | &nbsp;&nbsp; 51.54% | &nbsp;&nbsp;&nbsp; 0.16% | &nbsp;&nbsp;&nbsp; 9.51% |
| Specialty-Sector | Rydex VIF Leisure<br> *Adviser:* Security Investors, LLC<br>| 1.84% | &nbsp;&nbsp;&nbsp;&nbsp; 8.47% | &nbsp;&nbsp;&nbsp; 2.50% | &nbsp;&nbsp;&nbsp; 7.27% |
| Mid Cap Blend | Rydex VIF Mid-Cap 1.5x Strategy<br> *Adviser:* Security Investors, LLC<br>| 1.92% | &nbsp;&nbsp;&nbsp;&nbsp; 5.04% | &nbsp;&nbsp;&nbsp; 8.37% | 11.16% |
| Large Cap <br> Growth<br>| Rydex VIF NASDAQ-100<sup>®</sup><br> *Adviser:* Security Investors, LLC<br>| 1.83% | &nbsp;&nbsp; 19.04% | 13.32% | 17.60% |
| Large Cap <br> Growth<br>| Rydex VIF NASDAQ-100<sup>®</sup> 2x Strategy<br> *Adviser:* Security Investors, LLC<br>| 2.00% | &nbsp;&nbsp; 29.24% | 18.83% | 29.69% |
| Large Cap <br> Blend<br>| Rydex VIF Nova<br> *Adviser:* Security Investors, LLC<br>| 1.80% | &nbsp;&nbsp; 20.87% | 16.53% | 17.73% |
| Specialty-Sector | Rydex VIF Precious Metals<br> *Adviser:* Security Investors, LLC<br>| 1.73% | 147.37% | 17.52% | 21.08% |
| Specialty-Sector | Rydex VIF Real Estate<br> *Adviser:* Security Investors, LLC<br>| 1.83% | &nbsp;&nbsp;&nbsp;&nbsp; 2.88% | &nbsp;&nbsp;&nbsp; 3.02% | &nbsp;&nbsp;&nbsp; 4.00% |
| Specialty-Sector | Rydex VIF Retailing<br> *Adviser:* Security Investors, LLC<br>| 1.83% | &nbsp;&nbsp; 10.18% | &nbsp;&nbsp;&nbsp; 4.22% | &nbsp;&nbsp;&nbsp; 9.18% |
| Small Cap <br> Blend<br>| Rydex VIF Russell 2000<sup>®</sup> 1.5x Strategy<br> *Adviser:* Security Investors, LLC<br>| 1.99% | &nbsp;&nbsp; 12.47% | &nbsp;&nbsp;&nbsp; 3.43% | &nbsp;&nbsp;&nbsp; 9.25% |
| Small Cap <br> Blend<br>| Rydex VIF Russell 2000<sup>®</sup> 2x Strategy<br> *Adviser:* Security Investors, LLC<br>| 1.98% | &nbsp;&nbsp; 12.07% | &nbsp;&nbsp;&nbsp; 1.43% | &nbsp;&nbsp;&nbsp; 9.07% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** |
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **1 Year** | **5 Year** | **10 Year** |
| Large Cap <br> Blend<br>| Rydex VIF S&P 500 2x Strategy<br> *Adviser:* Security Investors, LLC<br>| 2.00% | &nbsp;&nbsp; 25.28% | 19.77% | 21.33% |
| Large Cap <br> Growth<br>| Rydex VIF S&P 500 Pure Growth<br> *Adviser:* Security Investors, LLC<br>| 1.74% | &nbsp;&nbsp; 11.75% | &nbsp;&nbsp;&nbsp; 6.62% | 10.34% |
| Large Cap <br> Value<br>| Rydex VIF S&P 500 Pure Value<br> *Adviser:* Security Investors, LLC<br>| 1.74% | &nbsp;&nbsp; 16.02% | 12.00% | &nbsp;&nbsp;&nbsp; 8.64% |
| Mid Cap Growth | Rydex VIF S&P MidCap 400 Pure Growth<br> *Adviser:* Security Investors, LLC<br>| 1.74% | &nbsp;&nbsp;&nbsp;&nbsp; 7.18% | &nbsp;&nbsp;&nbsp; 4.39% | &nbsp;&nbsp;&nbsp; 6.85% |
| Mid Cap Value | Rydex VIF S&P MidCap 400 Pure Value<br> *Adviser:* Security Investors, LLC<br>| 1.74% | &nbsp;&nbsp;&nbsp;&nbsp; 6.12% | 12.00% | 10.60% |
| Small Cap <br> Growth<br>| Rydex VIF S&P SmallCap 600 Pure Growth<br> *Adviser:* Security Investors, LLC<br>| 1.74% | &nbsp;&nbsp;&nbsp;&nbsp; 8.59% | &nbsp;&nbsp;&nbsp; 2.89% | &nbsp;&nbsp;&nbsp; 6.53% |
| Small Cap <br> Value<br>| Rydex VIF S&P SmallCap 600 Pure Value<br> *Adviser:* Security Investors, LLC<br>| 1.74% | &nbsp;&nbsp;&nbsp;&nbsp; 6.77% | 12.03% | &nbsp;&nbsp;&nbsp; 7.65% |
| Specialty | Rydex VIF Strengthening Dollar 2x Strategy<br> *Adviser:* Security Investors, LLC<br>| 2.14% | -14.29% | &nbsp;&nbsp;&nbsp; 6.16% | &nbsp;&nbsp;&nbsp; 1.80% |
| Specialty-Sector | Rydex VIF Technology<br> *Adviser:* Security Investors, LLC<br>| 1.83% | &nbsp;&nbsp; 25.70% | 12.27% | 18.37% |
| Specialty-Sector | Rydex VIF Telecommunications<br> *Adviser:* Security Investors, LLC<br>| 1.83% | &nbsp;&nbsp; 31.13% | &nbsp;&nbsp;&nbsp; 5.45% | &nbsp;&nbsp;&nbsp; 6.64% |
| Specialty-Sector | Rydex VIF Transportation<br> *Adviser:* Security Investors, LLC<br>| 1.83% | &nbsp;&nbsp; 11.79% | &nbsp;&nbsp;&nbsp; 2.32% | &nbsp;&nbsp;&nbsp; 8.06% |
| Money Market | Rydex VIF U.S. Government Money Market<br> *Adviser:* Security Investors, LLC<br>| 1.49% | &nbsp;&nbsp;&nbsp;&nbsp; 2.84% | &nbsp;&nbsp;&nbsp; 2.22% | &nbsp;&nbsp;&nbsp; 1.26% |
| Specialty-Sector | Rydex VIF Utilities<br> *Adviser:* Security Investors, LLC<br>| 1.84% | &nbsp;&nbsp; 17.07% | &nbsp;&nbsp;&nbsp; 8.56% | &nbsp;&nbsp;&nbsp; 8.60% |
| Specialty | Rydex VIF Weakening Dollar 2x Strategy<br> *Adviser:* Security Investors, LLC<br>| 2.14% | &nbsp;&nbsp; 18.97% | &nbsp;&nbsp; -5.72% | &nbsp;&nbsp; -2.86% |
| Large Cap <br> Growth<br>| T. Rowe Price Blue Chip Growth – Class II<br> *Adviser:* T. Rowe Price Associates, Inc.<br>| 1.00% | &nbsp;&nbsp; 18.43% | 11.41% | 15.25% |
| Large Cap <br> Value<br>| T. Rowe Price Equity Income – Class II<br> *Adviser:* T. Rowe Price Associates, Inc.<br>| 0.99% | &nbsp;&nbsp; 14.07% | 10.89% | 10.24% |
| Specialty-Sector | T. Rowe Price Health Sciences – Class II<br> *Adviser:* T. Rowe Price Associates, Inc.<br>| 1.11% | &nbsp;&nbsp; 17.80% | &nbsp;&nbsp;&nbsp; 3.86% | &nbsp;&nbsp;&nbsp; 8.70% |
| Short Term <br> Bond<br>| T. Rowe Price Limited-Term Bond – Class II<br> *Adviser:* T. Rowe Price Associates, Inc.<br>| 0.85% | &nbsp;&nbsp;&nbsp;&nbsp; 5.46% | &nbsp;&nbsp;&nbsp; 1.91% | &nbsp;&nbsp;&nbsp; 2.09% |
| Emerging <br> Markets<br>| Templeton Emerging Markets VIP Fund – Class 2<br> *Adviser:* Templeton Asset Management Ltd<br> *Sub-Adviser:* Franklin Templeton Investment <br> Management Limited<br>| 1.37% | &nbsp;&nbsp; 46.27% | &nbsp;&nbsp;&nbsp; 5.46% | 10.40% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** |
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **1 Year** | **5 Year** | **10 Year** |
| International <br> Equity<br>| Templeton Foreign VIP Fund – Class 2<br> *Adviser:* Templeton Investment Counsel, LLC<br>| 1.09% | &nbsp;&nbsp; 29.19% | &nbsp;&nbsp;&nbsp; 8.25% | &nbsp;&nbsp;&nbsp; 5.75% |
| Global Bond | Templeton Global Bond VIP Fund – Class 2<br> *Adviser:* Franklin Advisers, Inc.<br>| 0.78% | &nbsp;&nbsp; 15.73% | &nbsp;&nbsp; -0.96% | &nbsp;&nbsp; -0.15% |
| Global Equity | Templeton Growth VIP Fund – Class 2<br> *Adviser:* Templeton Global Advisors Limited<br>| 1.19% | &nbsp;&nbsp; 23.83% | &nbsp;&nbsp;&nbsp; 7.95% | &nbsp;&nbsp;&nbsp; 7.04% |
| World Large <br> Stock<br>| Third Avenue Value<br> *Adviser:* Third Avenue Management LLC<br>| 1.38% | &nbsp;&nbsp; 34.85% | 17.68% | &nbsp;&nbsp;&nbsp; 9.66% |
| Balanced/Asset <br> Allocation<br>| TOPS<sup>®</sup> Aggressive ETF – Investor Class<br> *Adviser:* ValMark Advisers, Inc.<br> *Sub-Adviser:* Milliman Financial Risk Management LLC<br>| 0.79% | &nbsp;&nbsp; 18.53% | &nbsp;&nbsp;&nbsp; 9.15% | &nbsp;&nbsp;&nbsp; 9.99% |
| Balanced/Asset <br> Allocation<br>| TOPS<sup>®</sup> Balanced ETF – Investor Class<br> *Adviser:* ValMark Advisers, Inc.<br> *Sub-Adviser:* Milliman Financial Risk Management LLC<br>| 0.79% | &nbsp;&nbsp; 12.59% | &nbsp;&nbsp;&nbsp; 5.26% | &nbsp;&nbsp;&nbsp; 6.10% |
| Balanced/Asset <br> Allocation<br>| TOPS<sup>®</sup> Conservative ETF – Investor Class<br> *Adviser:* ValMark Advisers, Inc.<br> *Sub-Adviser:* Milliman Financial Risk Management LLC<br>| 0.81% | &nbsp;&nbsp;&nbsp;&nbsp; 9.76% | &nbsp;&nbsp;&nbsp; 4.09% | &nbsp;&nbsp;&nbsp; 4.77% |
| Balanced/Asset <br> Allocation<br>| TOPS<sup>®</sup> Managed Risk Balanced ETF – Investor Class<br> *Adviser:* ValMark Advisers, Inc.<br> *Sub-Adviser:* Milliman Financial Risk Management LLC<br>| 1.01% | &nbsp;&nbsp;&nbsp;&nbsp; 7.85% | &nbsp;&nbsp; -1.85% | &nbsp;&nbsp;&nbsp; 1.85% |
| Balanced/Asset <br> Allocation<br>| TOPS<sup>®</sup> Managed Risk Moderate ETF – Investor Class<br> *Adviser:* ValMark Advisers, Inc.<br> *Sub-Adviser:* Milliman Financial Risk Management LLC<br>| 1.00% | &nbsp;&nbsp; 10.50% | &nbsp;&nbsp;&nbsp; 3.15% | &nbsp;&nbsp;&nbsp; 4.73% |
| Balanced/Asset <br> Allocation<br>| TOPS<sup>®</sup> Managed Risk Moderately Aggressive ETF – <br> Investor Class<br> *Adviser:* ValMark Advisers, Inc.<br> *Sub-Adviser:* Milliman Financial Risk Management LLC<br>| 1.00% | &nbsp;&nbsp; 11.58% | &nbsp;&nbsp;&nbsp; 5.25% | &nbsp;&nbsp;&nbsp; 5.93% |
| Balanced/Asset <br> Allocation<br>| TOPS<sup>®</sup> Moderate ETF – Investor Class<br> *Adviser:* ValMark Advisers, Inc.<br> *Sub-Adviser:* Milliman Financial Risk Management LLC<br>| 0.78% | &nbsp;&nbsp; 14.87% | &nbsp;&nbsp;&nbsp; 6.66% | &nbsp;&nbsp;&nbsp; 7.63% |
| Balanced/Asset <br> Allocation<br>| TOPS<sup>®</sup> Moderately Aggressive ETF – Investor Class<br> *Adviser:* ValMark Advisers, Inc.<br> *Sub-Adviser:* Milliman Financial Risk Management LLC<br>| 0.79% | &nbsp;&nbsp; 17.74% | &nbsp;&nbsp;&nbsp; 8.30% | &nbsp;&nbsp;&nbsp; 9.12% |
| Specialty-Sector | VanEck VIP Global Gold – Class S<br> *Adviser:* Van Eck Associates Corporation<br>| 1.47% | 164.43% | 20.00% | 20.89% |
| Specialty-Sector | VanEck VIP Global Resources – Class S<br> *Adviser:* Van Eck Associates Corporation<br>| 1.32% | &nbsp;&nbsp; 36.17% | 10.24% | &nbsp;&nbsp;&nbsp; 8.06% |
| Balanced/Asset <br> Allocation<br>| Vanguard<sup>®</sup> VIF Balanced<br> *Adviser:* Wellington Management Company LLP<br>| 0.20% | &nbsp;&nbsp; 16.46% | &nbsp;&nbsp;&nbsp; 9.29% | 10.03% |
| Large Cap <br> Growth<br>| Vanguard<sup>®</sup> VIF Capital Growth<br> *Adviser:* PRIMECAP Management Company<br>| 0.34% | &nbsp;&nbsp; 28.98% | 13.97% | 14.96% |
| Asset <br> Allocation/<br> Lifestyle<br>| Vanguard<sup>®</sup> VIF Conservative Allocation<br> *Adviser:* The Vanguard Group, Inc.<br>| 0.12% | &nbsp;&nbsp; 12.73% | &nbsp;&nbsp;&nbsp; 4.22% | &nbsp;&nbsp;&nbsp; 6.14% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** |
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **1 Year** | **5 Year** | **10 Year** |
| Large Cap <br> Value<br>| Vanguard<sup>®</sup> VIF Diversified Value<br> *Adviser:* Hotchkis and Wiley Capital Management, LLC; <br> Aristotle Capital Management, LLC; Harris Associates <br> L.P.<br>| 0.28% | &nbsp;&nbsp; 16.83% | 13.24% | 11.76% |
| Large Cap <br> Value<br>| Vanguard<sup>®</sup> VIF Equity Income<br> *Adviser:* Wellington Management Company LLP; The <br> Vanguard Group, Inc.<br>| 0.29% | &nbsp;&nbsp; 16.80% | 12.59% | 11.52% |
| Large Cap <br> Blend<br>| Vanguard<sup>®</sup> VIF Equity Index<br> *Adviser:* The Vanguard Group, Inc.<br>| 0.14% | &nbsp;&nbsp; 17.70% | 14.27% | 14.66% |
| Global Bond | Vanguard<sup>®</sup> VIF Global Bond Index<br> *Adviser:* The Vanguard Group, Inc.<br>| 0.13% | &nbsp;&nbsp;&nbsp;&nbsp; 5.69% | &nbsp;&nbsp; -0.41% | &nbsp;&nbsp;&nbsp;&nbsp; N/A |
| Large Cap <br> Growth<br>| Vanguard<sup>®</sup> VIF Growth<br> *Adviser:* Wellington Management Company LLP<br>| 0.36% | &nbsp;&nbsp; 16.89% | 11.36% | 15.58% |
| High Yield Bond | Vanguard<sup>®</sup> VIF High Yield Bond<br> *Adviser:* Wellington Management Company LLP; The <br> Vanguard Group, Inc.<br>| 0.24% | &nbsp;&nbsp;&nbsp;&nbsp; 9.18% | &nbsp;&nbsp;&nbsp; 4.05% | &nbsp;&nbsp;&nbsp; 5.62% |
| International <br> Equity<br>| Vanguard<sup>®</sup> VIF International<br> *Adviser:* Baillie Gifford Overseas Ltd; Schroder <br> Investment Management North America Inc.<br>| 0.32% | &nbsp;&nbsp; 19.97% | &nbsp;&nbsp;&nbsp; 0.62% | 10.48% |
| Mid Cap Blend | Vanguard<sup>®</sup> VIF Mid-Cap Index<br> *Adviser:* The Vanguard Group, Inc.<br>| 0.17% | &nbsp;&nbsp; 11.54% | &nbsp;&nbsp;&nbsp; 8.46% | 10.77% |
| Asset <br> Allocation/<br> Lifestyle<br>| Vanguard<sup>®</sup> VIF Moderate Allocation<br> *Adviser:* The Vanguard Group, Inc.<br>| 0.12% | &nbsp;&nbsp; 16.19% | &nbsp;&nbsp;&nbsp; 6.51% | &nbsp;&nbsp;&nbsp; 8.14% |
| Specialty-Sector | Vanguard<sup>®</sup> VIF Real Estate Index<br> *Adviser:* The Vanguard Group, Inc.<br>| 0.26% | &nbsp;&nbsp;&nbsp;&nbsp; 3.11% | &nbsp;&nbsp;&nbsp; 4.51% | &nbsp;&nbsp;&nbsp; 5.08% |
| Short Term <br> Bond<br>| Vanguard<sup>®</sup> VIF Short Term Investment Grade<br> *Adviser:* The Vanguard Group, Inc.<br>| 0.14% | &nbsp;&nbsp;&nbsp;&nbsp; 6.85% | &nbsp;&nbsp;&nbsp; 2.23% | &nbsp;&nbsp;&nbsp; 2.81% |
| Small Cap <br> Growth<br>| Vanguard<sup>®</sup> VIF Small Company Growth<sup>2</sup> <br>*Adviser:* ArrowMark Colorado Holdings, LLC<br>| 0.29% | &nbsp;&nbsp;&nbsp;&nbsp; 6.11% | &nbsp;&nbsp;&nbsp; 3.81% | &nbsp;&nbsp;&nbsp; 9.61% |
| Intermediate <br> Term Bond<br>| Vanguard<sup>®</sup> VIF Total Bond Market Index<br> *Adviser:* The Vanguard Group, Inc.<br>| 0.14% | &nbsp;&nbsp;&nbsp;&nbsp; 6.94% | &nbsp;&nbsp; -0.51% | &nbsp;&nbsp;&nbsp; 1.90% |
| International <br> Equity<br>| Vanguard<sup>®</sup> VIF Total International Stock Market Index<br> *Adviser:* The Vanguard Group, Inc.<br>| 0.09% | &nbsp;&nbsp; 32.04% | &nbsp;&nbsp;&nbsp; 7.88% | &nbsp;&nbsp;&nbsp;&nbsp; N/A |
| Large Cap <br> Blend<br>| Vanguard<sup>®</sup> VIF Total Stock Market Index<br> *Adviser:* The Vanguard Group, Inc.<br>| 0.13% | &nbsp;&nbsp; 16.93% | 12.98% | 14.10% |
| Intermediate <br> Term Bond<br>| Victory Pioneer Bond VCT – Class II<br> *Adviser:* Victory Capital Management Inc.<br>| 1.17% | &nbsp;&nbsp;&nbsp;&nbsp; 8.88% | &nbsp;&nbsp;&nbsp; 0.51% | &nbsp;&nbsp;&nbsp; 2.59% |
| Large Cap <br> Value<br>| Victory Pioneer Equity Income VCT - Class II<br> *Adviser:* Victory Capital Management Inc.<br>| 1.05% | &nbsp;&nbsp; 11.14% | &nbsp;&nbsp;&nbsp; 8.81% | &nbsp;&nbsp;&nbsp; 9.11% |
| High Yield Bond | Victory Pioneer High Yield VCT - Class II<br> *Adviser:* Victory Capital Management Inc.<br>| 1.36% | &nbsp;&nbsp;&nbsp;&nbsp; 7.92% | &nbsp;&nbsp;&nbsp; 3.95% | &nbsp;&nbsp;&nbsp; 5.16% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** | **Average Annual**<br> **Total Returns**<br> **(as of 12/31/2025)** |
| **Investment**<br> **Type** | **Fund**<br> **Adviser/Sub-Adviser** | **Current**<br> **Expenses**<sup>1</sup> | **1 Year** | **5 Year** | **10 Year** |
| Multi-Sector <br> Bond<br>| Victory Pioneer Strategic Income VCT - Class II<br> *Adviser:* Victory Capital Management Inc.<br>| 1.96% | &nbsp;&nbsp; 10.85% | &nbsp;&nbsp;&nbsp; 1.99% | &nbsp;&nbsp;&nbsp; 3.64% |
| Specialty-Sector | Virtus Duff & Phelps Real Estate Securities Series – <br> Class A<br> *Adviser:* Virtus Investment Advisers, LLC<br> *Sub-Adviser:* Duff & Phelps Investment Management Co.<br>| 1.19% | &nbsp;&nbsp;&nbsp;&nbsp; 0.72% | &nbsp;&nbsp;&nbsp; 6.06% | &nbsp;&nbsp;&nbsp; 5.95% |
| Small Cap <br> Growth<br>| Virtus KAR Small-Cap Growth Series – Class A<br> *Adviser:* Virtus Investment Advisers, LLC<br> *Sub-Adviser:* Kayne Anderson Rudnick Investment <br> Management LLC<br>| 1.33% | -22.62% | &nbsp;&nbsp; -5.76% | 11.33% |
| Multi-Sector <br> Bond<br>| Virtus Newfleet Multi-Sector Intermediate Bond Series – <br> Class A<br> *Adviser:* Virtus Investment Advisers, LLC<br> *Sub-Adviser:* Newfleet Asset Management<br>| 0.98% | &nbsp;&nbsp;&nbsp;&nbsp; 7.58% | &nbsp;&nbsp;&nbsp; 2.52% | &nbsp;&nbsp;&nbsp; 4.23% |
| International <br> Equity<br>| Virtus SGA International Growth Series – Class A<br> *Adviser:* Virtus Investment Advisers, LLC<br> *Sub-Adviser:* Sustainable Growth Advisers, LP<br>| 1.21% | &nbsp;&nbsp;&nbsp;&nbsp; 9.26% | &nbsp;&nbsp;&nbsp; 1.42% | &nbsp;&nbsp;&nbsp; 4.10% |
| Balanced/Asset <br> Allocation<br>| Virtus Tactical Allocation Series – Class A<br> *Adviser:* Virtus Investment Advisers, LLC<br> *Sub-Adviser:* Kayne Anderson Rudnick Investment <br> Management, LLC<br>| 1.07% | &nbsp;&nbsp;&nbsp;&nbsp; 6.79% | &nbsp;&nbsp;&nbsp; 2.09% | &nbsp;&nbsp;&nbsp; 7.77% |
| Mid Cap Growth | Voya MidCap Opportunities Portfolio – Class S2<br> *Adviser:* Voya Investments, LLC<br> *Sub-Adviser:* Voya Investment Management Co. LLC<br>| 1.47% | &nbsp;&nbsp;&nbsp;&nbsp; 3.49% | &nbsp;&nbsp;&nbsp; 4.14% | 10.53% |
| Specialty-Sector | VY<sup>®</sup> CBRE Global Real Estate Portfolio – Class S2<br> *Adviser:* Voya Investments, LLC<br> *Sub-Adviser:* CBRE Investment Management Listed Real <br> Assets, LLC<br>| 1.52% | &nbsp;&nbsp;&nbsp;&nbsp; 6.35% | &nbsp;&nbsp;&nbsp; 3.60% | &nbsp;&nbsp;&nbsp; 3.57% |
| Specialty-Sector | VY<sup>®</sup> Columbia Real Estate Portfolio – Class S2<br> *Adviser:* Voya Investments, LLC<br> *Sub-Adviser:* Columbia Management Investment <br> Advisers, LLC<br>| 1.40% | &nbsp;&nbsp;&nbsp; -0.10% | &nbsp;&nbsp;&nbsp; 5.51% | &nbsp;&nbsp;&nbsp; 4.64% |
| High Yield Bond | Western Asset Variable Global High Yield Bond – Class <br> II<br> *Adviser:* Franklin Templeton Fund Adviser, LLC<br> *Sub-Adviser:* Western Asset Management Company, <br> LLC; Western Asset Management Company Limited <br> (London); Western Asset Management Company Pte. <br> Ltd. (Singapore)<br>| 1.06% | &nbsp;&nbsp;&nbsp;&nbsp; 9.95% | &nbsp;&nbsp;&nbsp; 2.34% | &nbsp;&nbsp;&nbsp; 5.09% |
| &nbsp;&nbsp;&nbsp;&nbsp; 1<br> Certain Investment Portfolios and their investment advisers have entered into temporary expense reimbursement and/or fee waivers. Please <br> see the Investment Portfolios' prospectuses for additional information regarding these arrangements | &nbsp;&nbsp;&nbsp;&nbsp; 1<br> Certain Investment Portfolios and their investment advisers have entered into temporary expense reimbursement and/or fee waivers. Please <br> see the Investment Portfolios' prospectuses for additional information regarding these arrangements | &nbsp;&nbsp;&nbsp;&nbsp; 1<br> Certain Investment Portfolios and their investment advisers have entered into temporary expense reimbursement and/or fee waivers. Please <br> see the Investment Portfolios' prospectuses for additional information regarding these arrangements | &nbsp;&nbsp;&nbsp;&nbsp; 1<br> Certain Investment Portfolios and their investment advisers have entered into temporary expense reimbursement and/or fee waivers. Please <br> see the Investment Portfolios' prospectuses for additional information regarding these arrangements | &nbsp;&nbsp;&nbsp;&nbsp; 1<br> Certain Investment Portfolios and their investment advisers have entered into temporary expense reimbursement and/or fee waivers. Please <br> see the Investment Portfolios' prospectuses for additional information regarding these arrangements | &nbsp;&nbsp;&nbsp;&nbsp; 1<br> Certain Investment Portfolios and their investment advisers have entered into temporary expense reimbursement and/or fee waivers. Please <br> see the Investment Portfolios' prospectuses for additional information regarding these arrangements |
| &nbsp;&nbsp;&nbsp;&nbsp; 2<br> This fund is no longer available for new transfers. | &nbsp;&nbsp;&nbsp;&nbsp; 2<br> This fund is no longer available for new transfers. | &nbsp;&nbsp;&nbsp;&nbsp; 2<br> This fund is no longer available for new transfers. | &nbsp;&nbsp;&nbsp;&nbsp; 2<br> This fund is no longer available for new transfers. | &nbsp;&nbsp;&nbsp;&nbsp; 2<br> This fund is no longer available for new transfers. | &nbsp;&nbsp;&nbsp;&nbsp; 2<br> This fund is no longer available for new transfers. |

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**Optional Rider Investment Restrictions**

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The optional rider is not subject to investment restrictions.

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The Prospectus and Statement of Additional Information (SAI) are parts of the registration statement that we filed with the Securities and Exchange Commission (SEC), dated May 1, 2026. Both documents contain additional important information about the Contract. The Prospectus and SAI are incorporated herein by reference, which means they are legally a part of this Initial Summary Prospectus.

The SAI may be obtained, free of charge, from us in the same manner as the Prospectus, as described on the front page of this Initial Summary Prospectus.

The SEC maintains a website (http://www.sec.gov) that contains the registration statement, material incorporated by reference, and other information regarding companies that file electronically with the SEC. Copies of this information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address: publicinfo@sec.gov.

EDGAR contract identifier C000098565

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