# EDGAR Filing Document

**Accession Number:** 0000770291
**File Stem:** 0001398344-26-007630
**Filing Date:** 2026-4
**Character Count:** 44006
**Document Hash:** 999ea95132e6b9c83ab69b56821320cc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-26-007630.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0001398344-26-007630

**CONFORMED SUBMISSION TYPE**: N-VP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**EFFECTIVENESS DATE**: 20260429

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AuguStar Variable Account R
- **CENTRAL INDEX KEY:** 0000770291

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

**FILING VALUES:**
- **FORM TYPE:** N-VP
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-292520
- **FILM NUMBER:** 26914670

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FINANCIAL WAY
- **STREET 2:** P.O. BOX 237
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45242
- **BUSINESS PHONE:** 513-794-6278

**MAIL ADDRESS:**
- **STREET 1:** ONE FINANCIAL WAY
- **STREET 2:** P.O. BOX 237
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45242

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OHIO NATIONAL VARIABLE ACCOUNT R
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### AUGUSTAR VARIABLE ACCOUNT R (Series ID: S000007960)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000272448 | Vari-Vest II (ALIC) |  |

**NOTICE DOCUMENT** 

**VARI-VEST**<sup>®</sup> **I** <br>**VARI-VEST**<sup>®</sup> **II** <br>**VARI-VEST**<sup>®</sup> **III** <br>**VARI-VEST**<sup>®</sup> **IV** <br>**VARI-VEST**<sup>®</sup> **V**

**Issued by**

**AUGUSTAR**<sup>®</sup> **LIFE INSURANCE COMPANY** <br>**through** <br>**AUGUSTAR VARIABLE ACCOUNT R**

**May 1, 2026**

This Notice Document summarizes certain key features of Vari-Vest® I · Vari-Vest® II · Vari-Vest® III · Vari-Vest® IV · Vari-Vest® V, an individual, flexible premium variable life insurance policy (the "policy" or "contract"). The contract is issued by AuguStar Life Insurance Company. The Notice Document also provides a summary of contract features that have changed since April 30, 2025.

You can find other information about the Vari-Vest® I · Vari-Vest® II · Vari-Vest® III · Vari-Vest® IV · Vari-Vest® V contracts online at augustarfinancial.com/variableproducts. You can also obtain this information at no cost by calling 800.366.6654 or by sending an email request to lifecs@constellationinsurance.com.

Additional information about certain investment products, including variable life insurance contracts, has been prepared by the Securities and Exchange Commission's staff and is available at Investor.gov.

**<u>**TABLE OF CONTENTS**</u>** 

---

| | |
|:---|:---|
| [Glossary](#xx_503cae3c-66e2-480e-aab1-d47b089c2665_1) | 2  |
| [Summary of Contract Features That Have Changed](#xx_015f8ea1-c08c-4121-93f0-2b8f44defc26_1) | 3  |
| [Important Information You Should Consider About the Contract](#xx_d9abf410-cd2e-4494-9016-3f48d1dc8002_1) | 4  |
| [Appendix A - Funds Available Under the Contract](#xx_f0ec79a0-8173-4152-98b0-efe29710976d_1) | 8 |

---

**Form 5560.5-UN**

<sup>1</sup>

------

**<u>Glossary</u>**

**Accumulation Value** – the sum of the policy's values in the Subaccounts, the General Account and the Loan Collateral Account. <br>**Age** – the Insured's age at his or her nearest birthday. <br>**Cash Surrender Value** – the Accumulation Value minus any applicable Surrender Charges. The Cash Surrender Value is subject to Policy Indebtedness. <br>**Death Benefit** – the amount payable upon the death of the Insured, before deductions for policy indebtedness and unpaid Monthly Deductions. <br>**Death Benefit Guarantee** – our guarantee that the policy will not lapse so long as you have met the Minimum Premium requirement and the policy is still within the Death Benefit Guarantee period. <br>**General Account** – our assets other than those allocated to our separate accounts. The General Account may also be called the Guaranteed Account or the Fixed Account.

**Insured** – the person upon whose life the policy is issued. <br>**Loan Collateral Account** – an account to which Accumulation Value in an amount equal to a policy loan is transferred pro rata from the Subaccounts of VAR and the General Account. <br>**Minimum Premium** – the monthly premium set forth on the specification page of your policy or any endorsement sent to you following a policy change necessary to maintain the Death Benefit Guarantee. Although we express the Minimum Premium as a monthly amount, you need not pay it each month. Rather, you must pay, cumulatively, premiums that equal or exceed the sum of the Minimum Premiums required for each month that the Death Benefit Guarantee remains active. The cumulative Minimum Premium is reduced by all loans and partial surrenders. <br>**Monthly Deduction** – the monthly charge against cash value which includes the cost of insurance, a maintenance charge, and the cost of any optional insurance benefits added by rider. <br>**Planned Premium** – a schedule indicating the Policyholder's Planned Premium payments under the policy. The schedule is a planning device only and you do not need to adhere to it. <br>**Policy** – this flexible premium variable life insurance policy. The policy may also be called the contract. <br>**Policy Indebtedness** – the total of any unpaid policy loans. <br>**Policyholder** – the person so designated on the specification page of the policy. The Policyholder may also be called the contractowner. <br>**Premium Expense Charge** – an amount deducted from gross premiums consisting of a distribution charge and any state premium tax and other state and local taxes applicable to your policy. <br>**Proceeds** – the amount payable on surrender, maturity or death.

**Pronouns** – "our", "us" or "we" means AuguStar Life Insurance Company. "You", "your" or "yours" means the Insured. If the Insured is not the Policyholder, "you", "your" or "yours" means the Policyholder when referring to policy rights, payments and notices. <br>**Stated Amount** – the minimum Death Benefit payable under the policy as long as the policy remains in force and which is set forth on the specification page of your policy. <br>**Subaccount** – a subdivision of VAR which invests exclusively in the shares of a corresponding portfolio of one of the Funds. <br>**VAR** – AuguStar Variable Account R.

**Form 5560.5-UN**

<sup>2</sup>

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**<u>Summary of Contract Features That Have Changed</u>**

The information in this Notice Document is a summary of certain contract features that have changed since April 30, 2025. This may not reflect all of the changes that have occurred since you entered into your contract.

**Fee Changes**

The following shows the minimum and maximum total operating expenses deducted from the assets of the Funds

(before any fee waiver or expense reimbursement):

---

| | | |
|:---|:---|:---|
| **Annual Fee** | **Minimum** | **Maximum** |
| Investment options<br> (Fund fees and expenses)<br>| 0.35% | 3.38% |

---

**Life Company Merger**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•On December 31, 2025, the depositor AuguStar Life Assurance Corporation merged into its parent company, AuguStar Life Insurance Company ("ALIC"). VAR was transferred to ALIC.

**Fund Changes**

On October 10, 2025, the following fund substitutions took place.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Lazard Retirement US Small Cap Equity Select Portfolio, Royce Small-Cap Portfolio, and Royce Micro-Cap Portfolio were replaced by AVIP AB Small Cap Portfolio.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Allspring VT Discovery SMID Cap Growth Fund and Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio were replaced with AVIP AB Mid Cap Core Portfolio.

&nbsp;&nbsp;&nbsp;&nbsp;•Goldman Sachs U.S. Equity Insights Fund was replaced with AVIP S&P 500® Index Portfolio.

&nbsp;&nbsp;&nbsp;&nbsp;•Fidelity® VIP Growth Portfolio was replaced with AVIP Fidelity Institutional AM® Equity Growth Portfolio.

Effective December 5, 2025, the following fund changes took place.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•AVIP Federated High Income Bond Portfolio was renamed to AVIP High Income Bond Portfolio. Federated Investment Management Company was removed as subadviser.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Macquarie VIP Asset Strategy Series was renamed to Nomura VIP Asset Strategy Series. Securian Asset Management, Inc. was removed as subadviser and replaced with Macquarie Investment Management Austria Kapitalanlage AG.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Macquarie VIP Natural Resources Series was renamed to Nomura VIP Natural Resources Series. Securian Asset Management, Inc. was removed as subadviser and replaced with Van Eck Associates Corporation and Macquarie Investment Management Global Limited.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Macquarie VIP Science and Technology Series was renamed to Nomura VIP Science and Technology Series. Securian Asset Management, Inc. was removed as subadviser and replaced with Macquarie Investment Management Global Limited.

**Form 5560.5-UN**

<sup>3</sup>

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**<u>Important Information You Should Consider About the Contract</u>** 

---

| | |
|:---|:---|
|  | **FEES AND EXPENSES** |
| **Are There Charges** <br> **or Adjustments for** <br> **Early Withdrawals?**<br>| **Yes.**<br> **Vari-Vest V:** You may be assessed a Surrender Charge if you withdraw money from the contract <br> during the first twenty (20) years of your contract and for twenty (20) years following any <br> increase in Stated Amount, but only for the amount of the increase. The maximum Surrender <br> Charge is set forth in your contract and ranges from $7.32 to $48.92 per $1,000 of Stated <br> Amount. The maximum charge on a withdrawal that reduces the Stated Amount by $100,000 is <br> $4,892. Because the Surrender Charge is based on your Age, sex, rating classification and the <br> length of time you have held your contract, your actual Surrender Charge may be significantly <br> less.<br>**Vari-Vest IV:** You may be assessed a Surrender Charge if you withdraw money from the contract <br> during the first ten (10) years of the contract and for ten (10) years following the date of any <br> increase in Stated Amount. The maximum Surrender Charge is set forth in your contract and <br> ranges from $3.94 to $49.04 per $1,000 of Stated Amount. The maximum charge on a withdrawal <br> that reduces the Stated Amount by $100,000 is $4,904. Because the Surrender Charge is based on <br> your Age, sex, rating classification and the length of time you have held your contract, your actual <br> Surrender Charge may be significantly less.<br>**Vari-Vest III:** You may be assessed a Surrender Charge if you withdraw money from the contract <br> during the first ten (10) years of the contract and for ten (10) years following any increase in <br> Stated Amount. The maximum Surrender Charge is set forth in your contract and ranges from <br> $4.91 to $37.14 per $1,000 of Stated Amount. The maximum charge on a withdrawal that <br> reduces the Stated Amount by $100,000 is $3,714. Because the Surrender Charge is based on <br> your Age, sex, rating classification and the length of time you have held your contract, your actual <br> Surrender Charge may be significantly less.<br>**Vari-Vest II:** You may be assessed a Surrender Charge if you withdraw money from the contract <br> during the first ten (10) years of the contract and for ten (10) years following the date of any <br> increase in Stated Amount. The maximum Surrender Charge is set forth in your contract and <br> ranges from $3.94 to $49.04 per $1,000 of Stated Amount. The maximum charge on a withdrawal <br> that reduces the Stated Amount by $100,000 is $4,904. Because the Surrender Charge is based on <br> your Age, sex, rating classification and the length of time you have held your contract, your actual <br> Surrender Charge may be significantly less.<br>**Vari-Vest I:** You may be assessed a Surrender Charge if you withdraw money from the contract <br> during the first seven (7) years of the contract and for seven (7) years following the date of any <br> increase in Stated Amount. The maximum Surrender Charge is set forth in your contract and <br> ranges from $3.00 to $6.00 per $1,000 of Stated Amount. The maximum charge on a withdrawal <br> that reduces the Stated Amount by $100,000 is $600. Because the Surrender Charge is based on <br> your Age, sex, rating classification and the length of time you have held your contract, your actual <br> Surrender Charge may be significantly less. |
| **Are There** <br> **Transaction** <br> **Charges?**<br>| **Yes.** In addition to a Surrender Charge, you may also be charged for other transactions. Such <br> charges include Premium Expense Charges, fees for transfers among investment options, <br> administrative fees for partial surrenders, charges for illustrations and special requests for <br> annual reports, loan interest charges, and reinstatement fees. |

---

**Form 5560.5-UN**

<sup>4</sup>

------

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| | |
|:---|:---|
| **Are There Ongoing** <br> **Fees and Expenses?**<br>| **Yes.**<br> **Basic Policy Charges.** In addition to surrender charges and transaction charges, an investment in <br> the contract is subject to certain ongoing fees and expenses, including cost of insurance charges, <br> policy maintenance fees, and a risk charge (for mortality and expense risks).<br>**Optional Benefit Charges.** You also may be subject to charges for optional benefits available <br> under the contract. These fees and expenses are set (and may vary) based on characteristics of <br> the insured (e.g., Age, sex, and rating classification). You should view the specifications page of <br> your policy for rates applicable to your contract.<br>**Fund Expenses.** You will also bear expenses associated with the Funds available under your <br> contract, as shown in the following table, which shows the minimum and maximum total <br> operating expenses deducted from the assets of the Funds (before any fee waiver or expense <br> reimbursement) during the year ended December 31, 2025. |
|  | **ANNUAL FEE** |
|  | Investment options (Fund fees and expenses)<br>0.35%<sup>1</sup> <br>3.19%<sup>1</sup> <br>|

---

As a percentage of average Fund net assets.

**Form 5560.5-UN**

<sup>5</sup>

------

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

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| | |
|:---|:---|
| **RISKS** | **RISKS** |
| **Is There a Risk of** <br> **Loss from Poor** <br> **Performance?**<br>| **Yes.** You can lose money by investing in this contract. |
| **Is this a Short-Term** <br> **Investment?**<br>| **No.** This contract is not designed for short-term investing and is not appropriate for an investor <br> who needs ready access to cash.<br>The contract is designed to provide a life insurance benefit and to help meet other long-term <br> financial objectives. Because of the limited liquidity and the substantial nature of the Surrender <br> Charge in the early years of your policy (and following any increase in Stated Amount), the policy <br> is not a suitable short-term investment.<br>|
| **What Are the Risks** <br> **Associated with the** <br> **Investment** <br> **Options?**<br>| An investment in this contract is subject to the risk of poor investment performance and can <br> vary depending on the performance of the investment options you choose.<br>Each investment option (including the General Account) has its own unique risks.<br> You should review the prospectuses for the available Funds before making an investment <br> decision.<br>A policy loan, whether or not repaid, will affect the Accumulation Value over time because we <br> subtract the amount of the policy loan from the Subaccounts and/or the General Account as <br> collateral, and this loan collateral does not participate in the investment performance of the <br> Subaccounts or receive any higher interest rate credited to the General Account. The amount of <br> any policy loan will also count against the cumulative total premium payments you have made, <br> which could cause the Death Benefit Guarantee to lapse.<br>|
| **What Are the Risks** <br> **Related to the** <br> **Insurance** <br> **Company?**<br>| Any obligations (including under the General Account), guarantees, and benefits of the contract <br> are subject to the claims-paying ability of AuguStar Life Insurance Company. More information <br> about AuguStar Life Insurance Company, including our financial strength ratings, is available <br> upon request by calling us at 800.366.6654.<br>|
| **What Are the Risks** <br> **Related to Contract** <br> **Lapse?**<br>| The contract may lapse due to a variety of circumstances including insufficient premium <br> payments, poor investment performance, withdrawals, and unpaid loans or loan interest<br>If you fail to pay the Minimum Premiums, the Death Benefit Guarantee expires. Without the <br> Death Benefit Guarantee, the Policy will remain in force only as long as the Cash Surrender <br> Value, less any outstanding Policy Indebtedness, is sufficient to pay the next Monthly Deduction. <br> When the Cash Surrender Value will not pay the next Monthly Deduction, you will have a 61 day <br> grace period in which to increase your Cash Surrender Value by paying additional premiums. We <br> will notify you in writing that your Policy has entered the 61 day grace period. If you do not pay <br> sufficient additional premiums during the grace period, the Policy will lapse and terminate <br> without value.<br>The premium payment necessary to keep a policy from lapsing at the end of the grace period <br> may be substantially more than your planned premium. Absent receipt of the full amount of the <br> premium payment necessary at the time you make the payment (which may be more or less <br> than the Amount Due on your notice depending on the investment performance of your <br> Subaccounts), your contract may still be subject to lapse.<br>Once a Policy has lapsed, you may request reinstatement of the Policy any time within five years <br> of the lapse. Satisfactory proof of insurability and payment of a reinstatement fee are required <br> for reinstatement. While we may reinstate your Policy, we generally will not reinstate the Death <br> Benefit Guarantee. Your cost of insurance will generally be higher for a reinstated Policy.<br>|

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**Form 5560.5-UN**

<sup>6</sup>

------

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| | |
|:---|:---|
| **RESTRICTIONS** | **RESTRICTIONS** |
| **Are There** <br> **Restrictions on the** <br> **Investment** <br> **Options?**<br>| **Yes.** You may allocate your net premium payments among up to 18 of the investment options <br> we offer, including the General Account. We reserve the right to charge $15 for each transfer.<br>Each amount transferred must be at least $300 (or the entire Accumulation Value of the <br> Subaccount from which the transfer is being made). In addition, amounts allocated to the <br> General Account are subject to restrictions on the amount that may be transferred to the <br> Subaccounts. <br>We reserve the right to limit transfers in circumstances of frequent or large transfers.<br> We reserve the right to remove, close or substitute Funds as investment options that are <br> available under the contract.<br>|
| **Are There any** <br> **Restrictions on** <br> **Contract Benefits?**<br>| N/A |
| **TAXES** | **TAXES** |
| **What Are the** <br> **Contract's Tax** <br> **Implications?**<br>| Consult with a tax professional to determine the tax implications of an investment in and <br> purchase payments received under this contract.<br>If you purchase the contract through a tax-qualified plan or individual retirement account (IRA), <br> you do not get any additional tax deferral.<br>Earnings on your contract are taxed at ordinary income tax rates when you withdraw them, and <br> you may have to pay a penalty if you take a withdrawal before age 59 ½.<br>|
| **CONFLICTS OF INTEREST** | **CONFLICTS OF INTEREST** |
| **How Are** <br> **Investment** <br> **Professionals** <br> **Compensated?**<br>| Although the contracts are no longer offered for new sales, firms and their registered <br> representatives that sold the contracts may still be paid for those sales. Your investment <br> professional may receive compensation for having sold this contract to you in the form of <br> commissions, service fees, additional cash benefits (e.g. bonuses), and non-cash compensation. <br> Accordingly, investment professionals may have had a financial incentive to offer or <br> recommend this contract over another investment.<br>|
| **Should I Exchange** <br> **My Contract?**<br>| Some investment professionals may have a financial incentive to offer you a new contract in <br> place of the one you own. You should only consider exchanging your contract if you determine, <br> after comparing the features, fees, and risks of both contracts, that it is in your best interest to <br> purchase the new contract rather than continue to own your existing contract.<br>|

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**Form 5560.5-UN**

<sup>7</sup>

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**<u>Appendix A - Funds Available Under the Contract</u>** 

**Variable Options.** The following is a list of Funds available under the contract, which is subject to change, as discussed in the prospectus. Depending on the optional benefits you choose, you may not be able to invest in certain Funds. You can find the prospectuses and other information about the Funds online at augustarfinancial.com/variableproducts. You can also request this information at no cost by calling 800.366.6654 or by sending an email request to lifecs@constellationinsurance.com.

The current expenses and performance information below reflects fees and expenses of the Funds, but does not reflect the other fees and expenses that your contract may charge. Expenses would be higher and performance would be lower if these charges were included. Each Fund's past performance is not necessarily an indication of future performance.

**Vari-Vest® II · Vari-Vest® IV · Vari-Vest® V** 

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type/Investment** <br> **Objective** | **Fund and Adviser/Subadviser** | **Current**<br> **Expenses** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** |
| **Type/Investment** <br> **Objective** | **Fund and Adviser/Subadviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Equity | Allspring VT Opportunity Fund (Class 2)<sup>^</sup> <br>*Adviser:* Allspring Funds Management, LLC<br> *Subadviser:* Allspring Global Investments, LLC<br>| 1.00%\* | 6.71% | 8.94% | 11.85% |
| Equity | AVIP AB Mid Cap Core Portfolio (Class I)<sup>(2)</sup> <br>*Adviser:* Constellation Investments, Inc.<br> *Subadviser:* AllianceBernstein L.P.<br>| 0.92% | 6.42% | 4.97% | 9.99% |
| Equity | AVIP AB Small Cap Portfolio (Class I)<sup>(1)</sup> <br>*Adviser:* Constellation Investments, Inc.<br> *Subadviser:* AllianceBernstein L.P.<br>| 0.86% | 4.89% | 1.53% | 8.67% |
| Equity | AVIP BlackRock Advantage International Equity <br> Portfolio (Class I)<br> *Adviser:* Constellation Investments, Inc.<br> *Subadviser:* BlackRock Investment Management, LLC<br>| 0.88% | 33.04% | 10.56% | 8.33% |
| Equity | AVIP BlackRock Advantage Large Cap Core Portfolio <br> (Class I)<br> *Adviser:* Constellation Investments, Inc.<br> *Subadviser:* BlackRock Investment Management, LLC<br>| 0.70% | 20.20% | 14.57% | 13.59% |
| Equity | AVIP BlackRock Advantage Large Cap Growth <br> Portfolio (Class I)<br> *Adviser:* Constellation Investments, Inc.<br> *Subadviser:* BlackRock Investment Management, LLC<br>| 0.71% | 21.51% | 13.88% | 15.52% |
| Equity | AVIP BlackRock Advantage Large Cap Value Portfolio <br> (Class I)<br> *Adviser:* Constellation Investments, Inc.<br> *Subadviser:* BlackRock Investment Management, LLC<br>| 0.75% | 18.44% | 12.15% | 9.82% |
| Equity | AVIP BlackRock Advantage Small Cap Growth <br> Portfolio (Class I)<br> *Adviser:* Constellation Investments, Inc.<br> *Subadviser:* BlackRock Investment Management, LLC<br>| 0.92% | 14.14% | 3.08% | 9.71% |
| Allocation | AVIP BlackRock Balanced Allocation Portfolio (Class I)<br> *Adviser:* Constellation Investments, Inc.<br> *Subadviser:* BlackRock Investment Management, LLC<br>| 0.57% | 16.61% | 10.40% | 10.82% |

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**Form 5560.5-UN**

<sup>8</sup>

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type/Investment** <br> **Objective** | **Fund and Adviser/Subadviser** | **Current**<br> **Expenses** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** |
| **Type/Investment** <br> **Objective** | **Fund and Adviser/Subadviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Fixed Income | AVIP Bond Portfolio (Class I)<br> *Adviser:* Constellation Investments, Inc.<br>| 0.61% | 7.67% | -0.06% | 3.36% |
| Fixed Income | AVIP High Income Bond Portfolio (Class I)<sup>(5)</sup> <br>*Adviser:* Constellation Investments, Inc.<br>| 0.88% | 8.31% | 3.85% | 5.77% |
| Equity | AVIP Fidelity Institutional AM® Equity Growth <br> Portfolio (Class I)<sup>(4)</sup> <br>*Adviser:* Constellation Investments, Inc.<br> *Subadviser:* FIAM LLC<br>| 0.77% | 15.35% | 10.70% | 15.69% |
| Equity | AVIP Nasdaq-100® Index Portfolio (Class I)<br> *Adviser:* Constellation Investments, Inc.<br> *Subadviser:* Geode Capital Management LLC<br>| 0.44% | 20.54% | 14.85% | 19.20% |
| Equity | AVIP S&P 500® Index Portfolio (Class I)<sup>(3)</sup> <br>*Adviser:* Constellation Investments, Inc.<br> *Subadviser:* Geode Capital Management LLC<br>| 0.38% | 17.43% | 13.99% | 14.37% |
| Equity | AVIP S&P MidCap 400® Index Portfolio (Class I)<br> *Adviser:* Constellation Investments, Inc.<br> *Subadviser:* Geode Capital Management LLC<br>| 0.41% | 7.08% | 8.57% | 9.16% |
| Equity | BNY Mellon Appreciation Portfolio (Service Class)<br> *Adviser:* BNY Mellon Investment Adviser, Inc.<br>| 1.10% | 9.78% | 9.08% | 12.63% |
| Equity | CVT S&P 500® Index Portfolio<sup>†</sup> <br>*Adviser:* Calvert Research and Management<br> *Subadviser:* Ameritas Investment Partners, Inc.<br>| 0.28%\* | 17.50% | 14.10% | 14.48% |
| Equity | Federated Hermes Kaufmann Fund II (Service Class)<br> *Adviser:* Federated Global Investment Management <br> Corp.<br>| 1.79%\* | 11.26% | 1.26% | 9.61% |
| Equity | Fidelity® VIP Contrafund<sup>SM</sup> Portfolio (Service Class 2)<br> *Adviser:* Fidelity Management & Research Company<br>| 0.79% | 21.19% | 15.08% | 15.49% |
| Equity | Fidelity® VIP Equity-Income Portfolio<sup>SM</sup> (Service <br> Class 2)<br> *Adviser:* Fidelity Management & Research Company<br>| 0.71% | 18.75% | 12.23% | 11.32% |
| Capital <br> Preservation<br>| Fidelity® VIP Government Money Market Portfolio <br> (Service Class)<br> *Adviser:* Fidelity Management & Research Company<br> *Subadviser:* Fidelity Investments Money <br> Management, Inc.<br>| 0.35% | 4.03% | 3.02% | 1.95% |
| Equity | Fidelity® VIP Mid Cap Portfolio (Service Class 2)<br> *Adviser:* Fidelity Management & Research Company<br>| 0.80% | 11.49% | 9.83% | 10.31% |
| Equity | Fidelity® VIP Real Estate Portfolio (Service Class 2)<br> *Adviser:* Fidelity Management & Research Company<br>| 0.85% | 2.90% | 3.98% | 3.61% |
| Allocation | Franklin Allocation VIP Fund (Class 4)<br> *Adviser:* Franklin Advisers, Inc.<br> *Subadviser:* Templeton Global Advisors Limited, <br> Franklin Templeton Institutional, LLC, ClearBridge <br> Investments, LLC, Brandywine Global Investment <br> Management, LLC, Western Asset Management <br> Company, LLC, Western Asset Management <br> Company Limited<br>| 0.92%\* | 12.53% | 5.60% | 7.19% |

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**Form 5560.5-UN**

<sup>9</sup>

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type/Investment** <br> **Objective** | **Fund and Adviser/Subadviser** | **Current**<br> **Expenses** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** |
| **Type/Investment** <br> **Objective** | **Fund and Adviser/Subadviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Equity | Franklin DynaTech VIP Fund (Class 2)<br> *Adviser:* Franklin Advisers, Inc.<br>| 0.88% | 18.13% | 9.09% | 14.08% |
| Allocation | Franklin Income VIP Fund (Class 2)<br> *Adviser:* Franklin Advisers, Inc.<br>| 0.72% | 12.56% | 7.66% | 7.30% |
| Equity | Franklin Templeton Foreign VIP Fund (Class 2)<br> *Adviser:* Templeton Investment Counsel, LLC<br>| 1.08%\* | 29.19% | 8.25% | 5.75% |
| Equity | Goldman Sachs Large Cap Value Fund (Institutional <br> Class)<br> *Adviser:* Goldman Sachs Asset Management, L.P.<br>| 0.70%\* | 10.88% | 11.27% | 9.62% |
| Equity | Goldman Sachs Strategic Growth Fund (Institutional <br> Class)<br> *Adviser:* Goldman Sachs Asset Management, L.P.<br>| 0.71%\* | 17.92% | 12.76% | 16.43% |
| Equity | Invesco V.I. EQV International Equity Fund (Series II)<br> *Adviser:* Invesco Advisers, Inc.<br>| 1.15% | 16.23% | 3.42% | 5.95% |
| Allocation | Janus Henderson Balanced Portfolio (Institutional <br> Class)<sup>§</sup> <br>*Adviser:* Janus Henderson Investors US LLC<br>| 0.62% | 15.11% | 8.48% | 10.13% |
| Allocation | Janus Henderson Balanced Portfolio (Service Class)<sup>‡</sup> <br>*Adviser:* Janus Henderson Investors US LLC<br>| 0.87% | 14.82% | 8.21% | 9.86% |
| Equity | Janus Henderson Global Research Portfolio <br> (Institutional Class)<sup>§</sup> <br>*Adviser:* Janus Henderson Investors US LLC<br>| 0.82% | 20.92% | 12.51% | 12.93% |
| Equity | Janus Henderson Global Research Portfolio (Service <br> Class)<sup>‡</sup> <br>*Adviser:* Janus Henderson Investors US LLC<br>| 1.07% | 20.60% | 12.23% | 12.64% |
| Equity | Janus Henderson Overseas Portfolio (Service Class)<br> *Adviser:* Janus Henderson Investors US LLC<br>| 0.96% | 28.58% | 9.17% | 8.97% |
| Equity | Janus Henderson Research Portfolio (Institutional <br> Class)<sup>§</sup> <br>*Adviser:* Janus Henderson Investors US LLC<br>| 0.82% | 18.39% | 14.11% | 15.88% |
| Equity | Janus Henderson Research Portfolio (Service Class)<sup>‡</sup> <br>*Adviser:* Janus Henderson Investors US LLC<br>| 1.07% | 18.10% | 13.83% | 15.59% |
| Equity | Lazard Retirement Emerging Markets Equity <br> Portfolio (Service Class)<br> *Adviser:* Lazard Asset Management LLC<br>| 1.38%\* | 41.77% | 10.76% | 9.35% |
| Equity | Lazard Retirement International Equity Portfolio <br> (Service Class)<br> *Adviser:* Lazard Asset Management LLC<br>| 1.10%\* | 33.12% | 7.95% | 6.82% |
| Equity | LVIP ClearBridge Variable Dividend Strategy Portfolio <br> (Standard Class)<sup>(9)</sup> <br>*Adviser:* Lincoln Financial Investments Corporation<sup>(9)</sup> <br>*Subadviser:* ClearBridge Investments, LLC<br>| 0.75%\* | 12.62% | 11.86% | 12.45% |
| Equity | LVIP ClearBridge Variable Large Cap Value Portfolio <br> (Standard Class)<sup>(9)</sup> <br>*Adviser:* Lincoln Financial Investments Corporation<sup>(9)</sup> <br>*Subadviser:* ClearBridge Investments, LLC<br>| 0.72%\* | 10.20% | 10.11% | 10.01% |

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**Form 5560.5-UN**

<sup>10</sup>

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type/Investment** <br> **Objective** | **Fund and Adviser/Subadviser** | **Current**<br> **Expenses** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** |
| **Type/Investment** <br> **Objective** | **Fund and Adviser/Subadviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Equity | LVIP JPMorgan Mid Cap Value Fund (Standard Class)<br> *Adviser:* Lincoln Financial Investments Corporation<br> *Subadviser:* J.P. Morgan Investment <br> Management Inc.<br>| 0.74% | 4.72% | 9.63% | 8.77% |
| Equity | LVIP JPMorgan Small Cap Core Fund (Standard Class)<br> *Adviser:* Lincoln Financial Investments Corporation<br> *Subadviser:* J.P. Morgan Investment <br> Management Inc.<br>| 0.77% | 10.27% | 6.40% | 8.95% |
| Allocation | Nomura VIP Asset Strategy Series (Service Class)<sup>(6)</sup> <br>*Adviser:* Delaware Management Company<br> *Subadviser:* Macquarie Investment Management <br> Austria Kapitalanlage AG<sup>(6)</sup> <br>| 0.77%\* | 16.66% | 7.07% | 7.84% |
| Equity | Nomura VIP Natural Resources Series (Service <br> Class)<sup>(7)</sup> <br>*Adviser:* Delaware Management Company<br> *Subadviser:* Van Eck Associates Corporation and <br> Macquarie Investment Management Global <br> Limited<sup>(7)</sup> <br>| 1.12%\* | 37.75% | 15.73% | 6.94% |
| Equity | Nomura VIP Science and Technology Series (Service <br> Class)<sup>(8)</sup> <br>*Adviser:* Delaware Management Company<br> *Subadviser:* Macquarie Investment Management <br> Global Limited<sup>(8)</sup> <br>| 1.15% | 33.36% | 13.71% | 17.20% |
| Equity | MFS® Massachusetts Investors Growth Stock <br> Portfolio (Service Class)<br> *Adviser:* Massachusetts Financial Services Company<br>| 0.97%\* | 9.61% | 9.74% | 13.98% |
| Equity | MFS® Mid Cap Growth Series (Service Class)<br> *Adviser:* Massachusetts Financial Services Company<br>| 1.06%\* | 3.40% | 3.03% | 11.32% |
| Equity | MFS® New Discovery Series (Service Class)<br> *Adviser:* Massachusetts Financial Services Company<br>| 1.12%\* | 12.56% | -0.54% | 10.46% |
| Allocation | MFS® Total Return Series (Service Class)<br> *Adviser:* Massachusetts Financial Services Company<br>| 0.86%\* | 10.91% | 6.16% | 7.36% |
| Equity | Morgan Stanley VIF Growth Portfolio (Class II)<br> *Adviser:* Morgan Stanley Investment Management, <br> Inc.<br>| 0.82%\* | 35.38% | 3.15% | 17.46% |
| Allocation | Morningstar Aggressive Growth ETF Asset Allocation <br> Portfolio (Class II)<br> *Adviser:* ALPS Advisors, Inc.<br> *Subadviser:* Morningstar Investment <br> Management LLC<br>| 0.85% | 20.00% | 10.55% | 10.36% |
| Allocation | Morningstar Balanced ETF Asset Allocation Portfolio <br> (Class II)<br> *Adviser:* ALPS Advisors, Inc.<br> *Subadviser:* Morningstar Investment <br> Management LLC<br>| 0.84% | 14.82% | 6.61% | 7.25% |

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**Form 5560.5-UN**

<sup>11</sup>

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type/Investment** <br> **Objective** | **Fund and Adviser/Subadviser** | **Current**<br> **Expenses** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** |
| **Type/Investment** <br> **Objective** | **Fund and Adviser/Subadviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Allocation | Morningstar Conservative ETF Asset Allocation <br> Portfolio (Class II)<br> *Adviser:* ALPS Advisors, Inc.<br> *Subadviser:* Morningstar Investment <br> Management LLC<br>| 0.83%\* | 8.82% | 2.19% | 3.49% |
| Allocation | Morningstar Growth ETF Asset Allocation Portfolio <br> (Class II)<br> *Adviser:* ALPS Advisors, Inc.<br> *Subadviser:* Morningstar Investment <br> Management LLC<br>| 0.82% | 17.91% | 8.82% | 9.05% |
| Allocation | Morningstar Income & Growth ETF Asset Allocation <br> Portfolio (Class II)<br> *Adviser:* ALPS Advisors, Inc.<br> *Subadviser:* Morningstar Investment <br> Management LLC<br>| 0.84%\* | 11.70% | 4.43% | 5.46% |
| Real Assets | PIMCO CommodityRealReturn® Strategy Portfolio <br> (Administrative Class)<br> *Adviser:* Pacific Investment Management <br> Company LLC<br>| 3.19%\* | 18.79% | 10.55% | 6.54% |
| Fixed Income | PIMCO Global Bond Opportunities Portfolio <br> (Unhedged) (Administrative Class)<br> *Adviser:* Pacific Investment Management <br> Company LLC<br>| 1.15% | 12.75% | 0.15% | 2.46% |
| Fixed Income | PIMCO Real Return Portfolio (Administrative Class)<br> *Adviser:* Pacific Investment Management <br> Company LLC<br>| 1.39% | 7.85% | 1.21% | 3.21% |
| Fixed Income | PIMCO Total Return Portfolio (Administrative Class)<br> *Adviser:* Pacific Investment Management <br> Company LLC<br>| 0.73% | 8.89% | 0.02% | 2.36% |
| Equity | PSF PGIM Jennison Blend Portfolio (Class II)<br> *Adviser:* PGIM Investments LLC<br> *Subadviser:* Jennison Associates LLC<br>| 0.86%\* | 18.05% | 11.88% | 13.50% |
| Equity | PSF PGIM Jennison Growth Portfolio (Class II)<br> *Adviser:* PGIM Investments LLC<br> *Subadviser:* Jennison Associates LLC<br>| 1.00%\* | 13.81% | 10.25% | 16.15% |

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

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| | |
|:---|:---|
| \* | Annual expenses reflect temporary fee reductions. |
| <sup>^</sup> <br>| Available before May 1, 2007 |
| <sup>†</sup> <br>| Available before May 1, 2014 |
| <sup>‡</sup> <br>| Not available for investment in Vari-Vest II or Vari-Vest IV policies. |
| <sup>§</sup> <br>| Not available for investment in Vari-Vest V policies issued on or after October 16, 2000. |
| <sup>(1)</sup> <br>| On October 10, 2025, Lazard Retirement US Small Cap Equity Select Portfolio, Royce Small-Cap Portfolio, and <br> Royce Micro-Cap Portfolio were replaced by AVIP AB Small Cap Portfolio.<br>|
| <sup>(2)</sup> <br>| On October 10, 2025, Allspring VT Discovery SMID Cap Growth Fund (Class 2) and Neuberger Berman AMT Mid Cap <br> Intrinsic Value Portfolio were replaced with AVIP AB Mid Cap Core Portfolio.<br>|
| <sup>(3)</sup> <br>| On October 10, 2025, Goldman Sachs U.S. Equity Insights Fund was replaced with AVIP S&P 500® Index Portfolio. |

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**Form 5560.5-UN**

<sup>12</sup>

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

<sup>(4)</sup> On October 17, 2025, Fidelity® VIP Growth Portfolio was replaced with AVIP Fidelity Institutional AM® Equity Growth Portfolio. 

<sup>(5)</sup> On December 5, 2025, AVIP Federated High Income Bond Portfolio was renamed to AVIP High Income Bond Portfolio. Federated Investment Management Company was removed as subadviser. 

<sup>(6)</sup> On December 5, 2025, Macquarie VIP Asset Strategy Series was renamed to Nomura VIP Asset Strategy Series. Securian Asset Management, Inc. was removed as subadviser and replaced with Macquarie Investment Management Austria Kapitalanlage AG. 

<sup>(7)</sup> On December 5, 2025, Macquarie VIP Natural Resources Series was renamed to Nomura VIP Natural Resources Series. Securian Asset Management, Inc. was removed as subadviser and replaced with Van Eck Associates Corporation and Macquarie Investment Management Global Limited. 

<sup>(8)</sup> On December 5, 2025, Macquarie VIP Science and Technology Series was renamed to Nomura VIP Science and Technology Series. Securian Asset Management, Inc. was removed as subadviser and replaced with Macquarie Investment Management Global Limited. 

<sup>(9)</sup> On April 24, 2026, ClearBridge Variable Large Cap Value Portfolio and ClearBridge Variable Dividend Strategy Portfolio were reorganized into LVIP ClearBridge Variable Large Cap Value Fund and LVIP ClearBridge Variable Dividend Strategy Portfolio, respectively. ClearBridge Investments, LLC was the subadviser and replaced with Lincoln Financial Investments Corporation as the adviser. Available only in contracts with value allocated to this Fund as of April 24, 2026. 

**Vari-Vest® I · Vari-Vest® III** 

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type/Investment** <br> **Objective** | **Fund and Adviser/Subadviser** | **Current**<br> **Expenses** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** |
| **Type/Investment** <br> **Objective** | **Fund and Adviser/Subadviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Fixed Income | AVIP Bond Portfolio (Class I)<br> *Adviser:* Constellation Investments, Inc.<br>| 0.61% | 7.67% | -0.06% | 3.36% |
| Equity | AVIP BlackRock Advantage Large Cap Core Portfolio <br> (Class I)<br> *Adviser:* Constellation Investments, Inc.<br> *Subadviser:* BlackRock Investment Management, LLC<br>| 0.70% | 20.20% | 14.57% | 13.59% |
| Allocation | AVIP BlackRock Balanced Allocation Portfolio (Class I)<br> *Adviser:* Constellation Investments, Inc.<br> *Subadviser:* BlackRock Investment Management, LLC<br>| 0.57% | 16.61% | 10.40% | 10.82% |
| Equity | AVIP BlackRock Advantage International Equity <br> Portfolio (Class I)<br> *Adviser:* Constellation Investments, Inc.<br> *Subadviser:* BlackRock Investment Management, LLC<br>| 0.88% | 33.04% | 10.56% | 8.33% |
| Equity | AVIP Fidelity Institutional AM® Equity Growth <br> Portfolio (Class I)<br> *Adviser:* Constellation Investments, Inc.<br> *Subadviser:* FIAM LLC<br>| 0.77% | 15.35% | 10.70% | 15.69% |
| Equity | AVIP AB Mid Cap Core Portfolio (Class I)<br> *Adviser:* Constellation Investments, Inc.<br> *Subadviser:* AllianceBernstein L.P.<br>| 0.92% | 6.42% | 4.97% | 9.99% |
| Equity | AVIP AB Small Cap Portfolio (Class I)<br> *Adviser:* Constellation Investments, Inc.<br> *Subadviser:* AllianceBernstein L.P.<br>| 0.86% | 4.89% | 1.53% | 8.67% |
| Equity | AVIP S&P 500® Index Portfolio (Class I)<br> *Adviser:* Constellation Investments, Inc.<br> *Subadviser:* Geode Capital Management LLC<br>| 0.38% | 17.43% | 13.99% | 14.37% |

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**Form 5560.5-UN**

<sup>13</sup>

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type/Investment** <br> **Objective** | **Fund and Adviser/Subadviser** | **Current**<br> **Expenses** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** |
| **Type/Investment** <br> **Objective** | **Fund and Adviser/Subadviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Equity | CVT S&P 500® Index Portfolio<br> *Adviser:* Calvert Research and Management<br> *Subadviser:* Ameritas Investment Partners, Inc.<br>| 0.28%\* | 17.50% | 14.10% | 14.48% |
| Capital <br> Preservation<br>| Fidelity® VIP Government Money Market Portfolio <br> (Service Class)<br> *Adviser:* Fidelity Management & Research Company<br> *Subadviser:* Fidelity Investments Money <br> Management, Inc.<br>| 0.35% | 4.03% | 3.02% | 1.95% |

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**Form 5560.5-UN**

<sup>14</sup>

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**Fixed Option.** The following is the fixed interest option currently available under the contract. To the extent permitted by the contract, we may change the features of the fixed interest option listed below, offer new fixed interest options, and terminate existing fixed interest option. We will provide you with written notice before doing so. If applicable, depending on the optional benefits you choose, you may not be able to invest in the fixed option.

**Vari-Vest I, Vari-Vest II, and Vari-Vest III** <br>

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| | | |
|:---|:---|:---|
| **Name** | **Term** | **Guaranteed** <br> **Minimum** <br> **Interest Rate**<br>|
| Fixed Account | 12 months | 5.00% |

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**Vari-Vest IV, Vari-Vest V** <br>

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| | | |
|:---|:---|:---|
| **Name** | **Term** | **Guaranteed** <br> **Minimum** <br> **Interest Rate**<br>|
| Fixed Account | 12 months | 4.00% |

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**Form 5560.5-UN**

<sup>15</sup>

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You may request other information about this contract and make investor inquiries by calling us at 800.366.6654. Reports and other information about AuguStar Variable Account R are available on the SEC's website at http://www.sec.gov. Copies of this information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address: publicinfo@sec.gov.

**Form 5560.5-UN**

<sup>16</sup>

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