# EDGAR Filing Document

**Accession Number:** 0001099219
**File Stem:** 0001099219-25-000241
**Filing Date:** 2025-12
**Character Count:** 19859
**Document Hash:** ddda615d33b13824edd3c03afff52706
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099219-25-000241.hdr.sgml**: 20251230

**ACCESSION NUMBER**: 0001099219-25-000241

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 19

**CONFORMED PERIOD OF REPORT**: 20251230

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251230

**DATE AS OF CHANGE**: 20251230

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** METLIFE INC
- **CENTRAL INDEX KEY:** 0001099219
- **STANDARD INDUSTRIAL CLASSIFICATION:** LIFE INSURANCE [6311]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 134075851
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-15787
- **FILM NUMBER:** 251610997

**BUSINESS ADDRESS:**
- **STREET 1:** 200 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10166
- **BUSINESS PHONE:** 212-578-5500

**MAIL ADDRESS:**
- **STREET 1:** 200 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10166

?xml version='1.0' encoding='ASCII'? met-20251230

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549** 

**FORM 8-K**

**CURRENT REPORT**

**PURSUANT TO SECTION 13 OR 15(d)**

**OF THE SECURITIES EXCHANGE ACT OF 1934**

**Date of report (Date of earliest event reported): December 30, 2025**

**METLIFE, INC.**

**(Exact Name of Registrant as Specified in Its Charter)**

**Delaware** 

**(State or Other Jurisdiction of Incorporation)**

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| | | | | |
|:---|:---|:---|:---|:---|
| **1-15787** | **1-15787** | **1-15787** | **1-15787** | **13-4075851** |
| **(Commission File Number)** | **(Commission File Number)** | **(Commission File Number)** | **(Commission File Number)** | **(IRS Employer Identification No.)** |
| | **200 Park Avenue,** | **New York,** | **NY** | **10166-0188** |
| **(Address of Principal Executive Offices)** | **(Address of Principal Executive Offices)** | **(Address of Principal Executive Offices)** | **(Address of Principal Executive Offices)** | **(Zip Code)** |

---

**(212**) **578-9500** 

**(Registrant's Telephone Number, Including Area Code)**

**N/A**

**(Former Name or Former Address, if Changed Since Last Report)** 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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

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| | | |
|:---|:---|:---|
| **<u>Title of each class</u>** | **<u>Trading Symbol(s)</u>** | **<u>Name of each exchange on which registered</u>** |
| Common Stock, par value $0.01 | MET | New York Stock Exchange |
| Floating Rate Non-Cumulative Preferred Stock,<br>Series A, par value $0.01 | MET PRA | New York Stock Exchange |
| Depositary Shares, each representing a 1/1,000th<br>interest in a share of 5.625% Non-Cumulative <br>Preferred Stock, Series E | MET PRE | New York Stock Exchange |
| Depositary Shares, each representing a 1/1,000th interest in a share of 4.75% Non-Cumulative Preferred Stock, Series F | MET PRF | New York Stock Exchange |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company&nbsp;&nbsp;&nbsp;&nbsp;☐

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

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**Item 7.01 Regulation FD Disclosure.**

On December 30, 2025, MetLife, Inc. issued a news release announcing the closing of the acquisition (the "Acquisition") by MetLife Investment Management of PineBridge Investments, LLC and certain of its affiliates (collectively, "PineBridge"). A copy of the news release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The news release is furnished as of December 30, 2025, but not filed, pursuant to Instruction B.2 of Form 8-K.

**Item 8.01 Other Events.**

On December 30, 2025, MetLife, Inc. issued a fact sheet setting forth the pro forma combined total assets under management of MetLife Investment Management and PineBridge, as if the Acquisition had occurred as of September 30, 2025 (the "Pro Forma Combined Total AUM Fact Sheet"), a copy of which is attached hereto as Exhibit 99.2 and is incorporated herein by reference.

The foregoing description of the Pro Forma Combined Total AUM Fact Sheet is not complete and is qualified in its entirety by reference to the Pro Forma Combined Total AUM Fact Sheet.

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**Item 9.01 Financial Statements and Exhibits.**

<u>[99.1](ex991mim_pbxclosepressre.htm)</u> <u>[MetLife, Inc. news release dated December 30, 2025, announcing the closing of the Acquisition.](ex991mim_pbxclosepressre.htm)</u>

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| | |
|:---|:---|
| <u>[99.2](ex992q32025-proformacomb.htm)</u> | <u>[Pro Forma Combined Total AUM Fact Sheet as of September 30, 2025.](ex992q32025-proformacomb.htm)</u> |

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101 Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language)

104 Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101)

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
| METLIFE, INC. | METLIFE, INC. | METLIFE, INC. |
| By: | /s/ Adrienne O'Neill | /s/ Adrienne O'Neill |
|  | Name: | Adrienne O'Neill |
|  | Title: | Executive Vice President and<br>Chief Accounting Officer |

---

Date: December 30, 2025

## Exhibit 99.1

![](ex991mim_pbxclosepressre001.jpg)

Exhibit 99.1 MetLife Investment Management Completes Acquisition of PineBridge Investments The combination brings together global scale and deep specialization, accelerating MetLife's growth in asset management WHIPPANY, N.J., December 30, 2025 – MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), closed today on its acquisition of PineBridge Investments (PineBridge). The combined business manages $734.7 billion1 of assets, serving clients around the world. Accelerating growth in asset management is a top priority for MetLife in its New Frontier strategy. The acquisition brings together MIM's institutional strength and scale with PineBridge's global footprint and deep specialization to position MIM as a top-tier diversified global asset manager. "Together, we are building a firm designed to meet today's market challenges and capture tomorrow's investment opportunities," said John McCallion, Chief Financial Officer of MetLife and Head of MIM. "We're confident the combination of these two firms furthers our ambition to accelerate growth in line with our New Frontier strategy." MIM also announced its new senior leadership team, drawing top talent from both organizations. Brian Funk, president of MIM, will lead the combined business post- close. For more information on MIM's leadership team, visit https://investments.metlife.com or https://www.pinebridge.com. "Our leadership team reflects the best of both firms," said Funk. "Together, our expertise and shared vision enable us to generate greater long-term value for our clients." In December 2024, MIM announced its agreement to acquire PineBridge from the Pacific Century Group. More than half of the client assets acquired in the transaction are held by investors outside of the U.S., with one-third in Asia. The acquisition excludes PineBridge's private equity funds group business and its joint venture in China. # # # For Media: Brian Blaser +1 (917) 674-3558 bblaser@metlife.com

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![](ex991mim_pbxclosepressre002.jpg)

For Investors: John Hall +1 (212) 578-7888 John.A.Hall@metlife.com About MetLife Investment Management MetLife Investment Management, the institutional asset management business of MetLife, Inc. (NYSE: MET), provides tailored investment management solutions to institutional investors worldwide. MetLife Investment Management has long-established global expertise in multi-asset, equities, public and private fixed income, real estate, alternatives, and insurance solutions and provides public and private pension plans, insurance companies, endowments, funds and other institutional clients with a range of bespoke investment solutions that seek to meet a range of long-term investment objectives and risk-adjusted returns over time. MetLife Investment Management has over 150 years of investment experience and, as of September 30, 2025, had $734.7 billion in pro forma combined total assets under management. For more information, see the Pro Forma Combined Total Assets Under Management Fact Sheet for the quarter ended September 30, 2025 available on MetLife's Investor Relations webpage (https://investor.metlife.com). About MetLife MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates ("MetLife"), is one of the world's leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Asia, Latin America, Europe and the Middle East. For more information, visit https://www.metlife.com. Forward-Looking Statements The forward-looking statements in this news release, using words such as "confident," "enable," "furthers," "position," "seek," and "will" are based on assumptions and expectations that involve risks and uncertainties, including the "Risk Factors" MetLife, Inc. describes in its U.S. Securities and Exchange Commission filings. MetLife's future results could differ, and it does not undertake any obligation to publicly correct or update any of these statements. Endnotes 1 At estimated fair value. Represents the pro forma combined assets managed or advised by MIM and PineBridge, as if the acquisition had occurred as of September 30, 2025. The pro forma figure is presented for illustrative purposes only and does not reflect actual combined results for the completed period.

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## Exhibit 99.2

![](ex992q32025-proformacomb001.jpg)

Public Fixed Income Core Based Core Insurance Corporate Short & Intermediate Duration Long Duration & Liability Driven Investment Strategies Global Credit Japan Credit Inflation Protected Securities Securitized Products Preferred Securities Stable Value Leveraged Finance Emerging Market Debt Multi-Sector Index Strategies Sustainable & Transition Finance Private Fixed Income Corporate Private Credit Infrastructure Debt Private Asset Based Finance Residential Whole Loans Single Family Rental Financing Sustainable & Transition Finance Real Estate U.S. Core Debt & Equity U.S. Core Plus Debt & Equity U.S. Value-Add Opportunistic Debt & Equity European Value-Add Opportunistic Equity Agricultural Mortgage Loans Equity Asia ex-Japan (All Cap & Small Cap) China Europe Global Emerging Market Focus Global Focus Hong Kong Index Strategies India Japan (All Cap & Small Cap) Latin America Taiwan U.S. Small Cap Core U.S. Small Cap Value U.S. Small-Mid Cap Value Europe Research Enhanced U.S. Research Enhanced Core U.S. Research Enhanced Plus U.S. Research Enhanced Value Alternatives Middle Market Direct Lending Private Equity Multi-Asset Solutions Total Return Absolute Return Relative Return Insurance Solutions4 Customized Portfolio Solutions Strategic & Tactical Asset Allocation Portfolio Optimization Portfolio Construction Derivatives Solutions ALM/Asset Modeling Assets Under Management September 30, 2025 Exhibit 99.2 MetLife Investment Management and PineBridge Investments now have more to offer: broader reach, deeper insights and specialized capabilities—forming a top-tier global investment platform. We offer public and private fixed income, real estate, equity, alternatives and multi-asset and insurance solutions. What sets us apart isn't just the breadth of our platform and capabilities—it's how we partner. Our clients benefit from direct access to decision makers and actionable insights that inform and enable customized solutions. Public Fixed Income Private Fixed Income Real Estate Equity Alternatives Multi-Asset Americas Asia Pacific Europe, Middle East and Africa Representative Capabilities Pro Forma Total Assets Under Management1,2 $734.7B3 55% 71% 3% 2% 6% 15% 19% $734.7B3 6% 23% By RegionBy Core Capability By Client Segment Pro Forma Total Assets Under Management1,2 (In $ Billions) Pro Forma Institutional Client Assets Under Management1,2 (In $ Billions) Insurance $535.6 $115.4 Pension $93.8 $93.8 Intermediary (including Sub-Advisory) $65.3 $65.3 Sovereign Wealth Fund $11.5 $11.5 Other5 $28.5 $28.5 Total $734.73 $314.56

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![](ex992q32025-proformacomb002.jpg)

investments.metlife.com© 2025 MetLife Investment Management Footnotes 1 Represents the pro forma combined assets under management of MetLife Investment Management, LLC and certain of its affiliates ("MetLife Investment Management") and PineBridge Investments, LLC and those of its affiliates acquired by MetLife Investment Management ("PineBridge") on December 30, 2025 ("Acquisition") as if the Acquisition had occurred as of September 30, 2025. The pro forma figures are presented for illustrative purposes only and do not reflect actual combined results for any completed period. 2 At September 30, 2025. At estimated fair value. See Explanatory Note. 3 Comprised of $632.6 billion and $102.1 billion of assets under management managed or advised by MetLife Investment Management and PineBridge, respectively, as of September 30, 2025. For further information, see MetLife Investment Management's Total Assets Under Management fact sheet for the quarter ended September 30, 2025 available on MetLife's Investor Relations web page at https://investor.metlife.com. 4 Represents advisory services that are not reflected in Total Assets Under Management. 5 Includes health service organizations, endowments, foundations, non-profits, family office, high net worth, fund of funds, funds, retail, supranationals and central authorities. 6 Comprised of $212.4 billion and $102.1 billion of assets under management managed or advised by MetLife Investment Management and PineBridge, respectively, as of September 30, 2025. Of the $314.5 billion of pro forma Institutional Client AUM, $17.3 billion, $11.3 billion and $285.9 billion are Separate Account AUM, Reinsurance AUM and Third-Party AUM, respectively. For further information, see MetLife Investment Management's Total Assets Under Management fact sheet for the quarter ended September 30, 2025 available on MetLife's Investor Relations web page at https://investor.metlife.com. Explanatory Note The following information is relevant to an understanding of our assets under management ("AUM") managed or advised by MetLife Investment Management, LLC and certain of its affiliates ("MetLife Investment Management"), and PineBridge Investments, LLC and those of its affiliates acquired by MetLife Investment Management ("PineBridge") on December 30, 2025. "MIM," including MetLife Investment Management and PineBridge, is MetLife, Inc.'s institutional asset management business. Our definitions may differ from those used by other companies. Total Assets Under Management ("Total AUM") is comprised of MIM General Account AUM plus Institutional Client AUM (each, as defined below). MIM General Account AUM ("MIM GA AUM") is used by MetLife to describe the portion of GA AUM (as defined below) that MIM manages or advises. General Account AUM ("GA AUM") is used by MetLife to describe assets in its general account ("GA") investment portfolio. GA AUM is stated at estimated fair value and is comprised of GA total investments, the portion of the GA investment portfolio classified within assets held-for- sale, cash and cash equivalents, and accrued investment income on such assets, and excludes policy loans, contractholder-directed equity securities, fair value option securities, mortgage loans originated for third parties, assets subject to ceded reinsurance arrangements with third parties and joint ventures, and certain other invested assets. Mortgage loans, net of mortgage loans originated for third parties ("net mortgage loans") (including commercial ("net commercial mortgage loans"), agricultural ("net agricultural mortgage loans") and residential mortgage loans) and real estate equity (including real estate and real estate joint ventures) included in GA AUM (at net asset value, net of deduction for encumbering debt) have been adjusted from carrying value to estimated fair value. Classification of GA AUM by sector is based on the nature and characteristics of the underlying investments which can vary from how they are classified under GAAP. Accordingly, the underlying investments within certain real estate and real estate joint ventures that are primarily net commercial mortgage loans (at net asset value, net of deduction for encumbering debt) have been reclassified to exclude them from real estate equity and include them as net commercial mortgage loans. Institutional Client AUM is comprised of SA AUM plus Reinsurance AUM plus TP AUM (each, as defined below). MIM manages or advises Institutional Client AUM in accordance with client guidelines contained in each investment advisory agreement. Separate Account AUM ("SA AUM") is comprised of certain (i) separate account investment portfolios and (ii) unit-linked separate account investments that are directed by contractholders of MetLife insurance companies, which are managed or advised by MIM and included in MetLife, Inc.'s consolidated financial statements at estimated fair value, as well as accrued investment income on such assets. Reinsurance AUM is comprised of GA assets subject to ceded reinsurance arrangements with third parties and joint ventures, which are managed or advised by MIM and are generally included in MetLife, Inc.'s consolidated financial statements at estimated fair value, as well as accrued investment income on such assets. Third-Party AUM ("TP AUM") is comprised of non-proprietary assets managed or advised by MIM on behalf of unaffiliated/third-party clients, which are stated at estimated fair value, as well as accrued investment income on such assets. Such non-proprietary assets are owned by unaffiliated/third-party clients and, accordingly, are generally not included in MetLife, Inc.'s consolidated financial statements. Additional information about MetLife's general account investment portfolio is available in MetLife, Inc.'s quarterly financial materials for the quarter ended September 30, 2025, which may be accessed through MetLife's Investor Relations web page at https://investor.metlife.com. Neither MetLife, Inc.'s quarterly financial materials, nor any other information included in or linked to the MetLife website, is a part of or incorporated by reference into this fact sheet. 12-27 5087540-[MIM, LLC (US)]

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