# EDGAR Filing Document

**Accession Number:** 0000072176
**File Stem:** 0001193125-23-060132
**Filing Date:** 2023-3
**Character Count:** 11925
**Document Hash:** f14f2ddd81a8360514869f20a6f8a02a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-060132.hdr.sgml**: 20230303

**ACCESSION NUMBER**: 0001193125-23-060132

**CONFORMED SUBMISSION TYPE**: N-30B-2

**PUBLIC DOCUMENT COUNT**: 5

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230303

**DATE AS OF CHANGE**: 20230303

**EFFECTIVENESS DATE**: 20230303

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NML VARIABLE ANNUITY ACCOUNT A
- **CENTRAL INDEX KEY:** 0000790162
- **IRS NUMBER:** 390509570
- **STATE OF INCORPORATION:** WI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-30B-2
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21887
- **FILM NUMBER:** 23705186

**BUSINESS ADDRESS:**
- **STREET 1:** 720 EAST WISCONSIN AVE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 4142992508

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

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NML VARIABLE ANNUITY ACCT C OF NORTHWESTERN MUT LIFE INS CO
- **CENTRAL INDEX KEY:** 0000790163
- **IRS NUMBER:** 390509570
- **STATE OF INCORPORATION:** WI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-30B-2
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21886
- **FILM NUMBER:** 23705187

**BUSINESS ADDRESS:**
- **STREET 1:** 720 E WISCONSIN AVE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 4142992508

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

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NML VARIABLE ANNUITY ACCOUNT B
- **CENTRAL INDEX KEY:** 0000072176
- **IRS NUMBER:** 390509570
- **STATE OF INCORPORATION:** WI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-30B-2
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01668
- **FILM NUMBER:** 23705188

**BUSINESS ADDRESS:**
- **STREET 1:** 720 E WISCONSIN AVE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 4142992508

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

## Series and Classes Contracts Data

### NML VARIABLE ANNUITY ACCOUNT B (Series ID: S000000063)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000000098 | Flexible Payment Variable Annuity             |  |
| C000000099 | Flexible Payment Variable Annuity (Fee Based) |  |

### NML VARIABLE ANNUITY ACCOUNT A (Series ID: S000000057)

| Class ID   | Class Name                                               | Ticker Symbol   |
|:---|:---|:---|
| C000000092 | Flexible Payment Variable Annuity                        |  |
| C000034305 | Individual Flexible Payment Variable Annuity (Fee Based) |  |

### NML VARIABLE ANNUITY ACCT C OF NORTHWESTERN MUT LIFE INS CO (Series ID: S000000062)

| Class ID   | Class Name                                                     | Ticker Symbol   |
|:---|:---|:---|
| C000000097 | Group Combination Annuity                                      |  |
| C000034306 | Individual Flexible Payment Variable Annuity (Network Edition) |  |

![LOGO](g423438g0303080958337.jpg)

March 3, 2023

VIA EDGAR

Securities and Exchange Commission

Division of Investment Management

100 F Street, NE

Washington, DC 20549

RE: &nbsp;&nbsp;&nbsp;&nbsp;NML Variable Annuity Account A, EDGAR CIK No. 0000790162, File No. 811-21887

&nbsp;&nbsp;&nbsp;&nbsp;NML Variable Annuity Account B, EDGAR CIK No. 0000072176, File No. 811-1668

&nbsp;&nbsp;&nbsp;&nbsp;NML Variable Annuity Account C, EDGAR CIK No. 0000790163, File No. 811-21886

Dear Sir or Madam:

On behalf of Northwestern Mutual Life Insurance Company and NML Variable Annuity Accounts A, B, and C ("Registrants" or the "Accounts") we hereby submit, pursuant to Rule 30b2-1 under the Investment Company Act of 1940 (the "1940 Act"), that the Accounts' annual report for the period ending December 31, 2022 has been transmitted to policy owners as required by Rule 30e-2 under the 1940 Act.

The following annual reports were filed with the Commission via EDGAR on the date indicated below and are incorporated herein by reference:

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; **Underlying Investment Company** | **CIK No.** | **Date Filed** | **Registration No.** |
| &nbsp;&nbsp;&nbsp; Northwestern Mutual Series Fund, Inc. | 0000742212 | 03/02/2023 | 811-03990 |
| &nbsp;&nbsp;&nbsp; Fidelity VIP Mid Cap Portfolio | 0000927384 | 02/21/2023 | 811-07205 |
| &nbsp;&nbsp;&nbsp; Fidelity VIP Contrafund Portfolio | 0000831016 | 02/21/2023 | 811-05511 |
| &nbsp;&nbsp;&nbsp; Neuberger Berman Sustainable Equity Portfolio | 0000736913 | 02/17/2023 | 811-04255 |
| &nbsp;&nbsp;&nbsp; Russell Investment Funds | 0000824036 | 02/15/2023 | 811-05371 |
| &nbsp;&nbsp;&nbsp; Credit Suisse Trust Commodity Return Strategy Portfolio | 0000941568 | 02/16/2023 | 811-07261 |

---

Some of the investment companies above (or series thereof) may not be available under every policy offered by a Registrant.

This filing will also include any other materials required to be filed, if any. Please direct any questions or comments regarding this filing to the undersigned at 414-665-3789.

Sincerely,

/s/ Todd Kuzminski

Todd Kuzminski

Vice President – Investment Accounting

------

---

| | |
|:---|:---|
|  The Northwestern Mutual Life Insurance Company | ![LOGO](g423438dsp1.jpg) |

---

## Variable Annuities

## Annual Reports
December 31, 2022

Flexible Payment Variable Annuity Account A

Flexible Payment Variable Annuity Account A (Fee Based)

Flexible Payment Variable Annuity Account B

Flexible Payment Variable Annuity Account B (Fee Based)

Group Combination Annuity Account C

Flexible Payment Variable Annuity Account C (Network Edition)

Northwestern Mutual Series Fund, Inc.

Fidelity<sup>®</sup> VIP Mid Cap Portfolio Initial Class

Fidelity<sup>®</sup> VIP Contrafund<sup>®</sup> Portfolio Initial Class

Neuberger Berman AMT Sustainable Equity Portfolio

Russell Investment Funds

Russell Investment Funds – LifePoints<sup>®</sup> Variable Target Portfolio Series

Credit Suisse Trust Commodity Return Strategy Portfolio Class 2

\* See **Table of Contents** for more information and a list of Prospectus supplements and/or

shareholder documents, if any, included herein.

---

| | |
|:---|:---|
|  NorthwesternMutual.com<br> 14-1558 (0107) (REV 0223) | ![LOGO](g423438g0228002645047.jpg) |

---

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**How to get more information** 

Information on the Internet: NorthwesternMutual.com

For information about Northwestern Mutual visit us on our website. Included is fund performance information (which can be found at www.northwesternmutual.com/annuities/performance-history), forms for routine service, and daily unit values for contracts you own with your User ID and password. Eligible owners may also transfer invested assets among funds and change the allocation of future contributions online.

For further information, contact either your Northwestern Mutual Financial Representative or The Northwestern Mutual Life Insurance Company, 720 East Wisconsin Avenue, Milwaukee, Wisconsin 53202; 1-888-455-2232.

------

**Contents** 

---

| | |
|:---|:---|
|  **Northwestern Mutual Series Fund, Inc. - Annual Report** | **282 pages** |
|  **Fidelity<sup>®</sup> VIP Mid Cap Portfolio - Annual Report** | **36 pages** |
| &nbsp;&nbsp;&nbsp; **(This report follows the end of the Northwestern Mutual Series Fund, Inc.)** |  |
|  **Fidelity<sup>®</sup> VIP Contrafund<sup>®</sup> Portfolio - Annual Report** | **40 pages** |
| &nbsp;&nbsp;&nbsp; **(This report follows the end of the Fidelity<sup>®</sup> VIP Mid Cap Portfolio)** |  |
|  **Neuberger Berman AMT Sustainable Equity Portfolio - Annual Report** | **42 pages** |
| &nbsp;&nbsp;&nbsp; **(This report follows the end of the Fidelity<sup>®</sup> VIP Contrafund<sup>®</sup> Portfolio)** |  |
|  **Russell Investment Funds - Annual Report** | **184 pages** |
| &nbsp;&nbsp;&nbsp; **(This report follows the end of the Neuberger Berman AMT Sustainable Equity Portfolio)** |  |
|  **Russell Investment Funds - LifePoints<sup>®</sup> Variable Target Portfolio Series - Annual Report** | **80 pages** |
| &nbsp;&nbsp;&nbsp; **(This report follows the end of the Russell Investment Funds)** |  |
|  **Credit Suisse Trust Commodity Return Strategy Portfolio - Annual Report** | **52 pages** |
| &nbsp;&nbsp;&nbsp; **(This report follows the end of the Russell Investment Funds - LifePoints<sup>®</sup> Variable Target Portfolio Series)** |  |

---

**The performance data quoted represents past performance. Past performance is historical and does not guarantee future performance. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance information visit www.northwesternmutual.com.** 

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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; ![LOGO](g423438g0228002645047.jpg) <br>PO BOX 3095<br>MILWAUKEE WI 53201-3095 | ![LOGO](g423438dsp3.jpg) |

---

This booklet contains information about the Northwestern Mutual variable insurance products and the variable investment options identified on the front cover. The variable investment options correspond with the investment divisions available under the variable insurance product ("Product"). **The information is prepared for Product owners and does not represent an offer of the Product, nor should it be used in connection with any offer, except when accompanied or preceded by the current Product prospectus or summary prospectus (or offering circular) and the variable investment option prospectuses or summary prospectuses, which contain detailed information about variable investment option investment objectives and operations, and applicable fees, expenses and sales charges. Prospectuses, summary prospectuses, or offering circulars may be obtained by visiting www.nmprospectus.com or calling the telephone number listed on the inside of the front cover. You should read and carefully consider this information before you invest or send money.** The variable investment option reports are prepared from the books and records of the options. Discussions of investment performance in the reports represent the views of the options' portfolio managers as of the dates of the reports. They are not guarantees of investment results, nor should they be relied upon as investment advice or indications of current or future trading strategies of the portfolio managers. Portfolio manager views and security holdings are subject to change at any time.

NMIS is a member of Financial Industry Regulatory Authority (FINRA) and in accordance with the Investor Education and Protection Rule, we are providing our clients information regarding FINRA BrokerCheck, a free resource available to investors. An investor brochure describing FINRA BrokerCheck may be obtained online from FINRA's website at FINRA.org or by contacting the FINRA BrokerCheck Help Line at 800-289-9999.

Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Northwestern Long Term Care Insurance Company, Milwaukee, WI (long-term care insurance) is a subsidiary of NM.

Product Distributor: **Northwestern Mutual Investment Services, LLC (NMIS)**,

720 East Wisconsin Avenue, Milwaukee, WI 53202-4797, 1-866-664-7737, member FINRA and SIPC.

NorthwesternMutual.com

14-1558 (0107) (REV 0223)