# EDGAR Filing Document

**Accession Number:** 0001018042
**File Stem:** 0001193125-26-152650
**Filing Date:** 2026-4
**Character Count:** 77570
**Document Hash:** ef7b2a1733cb5e0044ed2913f5256d3e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-152650.hdr.sgml**: 20260413

**ACCESSION NUMBER**: 0001193125-26-152650

**CONFORMED SUBMISSION TYPE**: 497VPU

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260413

**DATE AS OF CHANGE**: 20260413

**EFFECTIVENESS DATE**: 20260413

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CORPORATE SPONSORED VUL SEPARATE ACCOUNT I
- **CENTRAL INDEX KEY:** 0001018042

**ORGANIZATION NAME:**
- **EIN:** 133044743
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497VPU
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-232790
- **FILM NUMBER:** 26857483

**BUSINESS ADDRESS:**
- **STREET 1:** 51 MADISON AVENUE, ROOM 10SB
- **STREET 2:** ATTENTION: LARRY ROONEY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010
- **BUSINESS PHONE:** (212) 576-6822

**MAIL ADDRESS:**
- **STREET 1:** 51 MADISON AVENUE, ROOM 10SB
- **STREET 2:** ATTENTION: LARRY ROONEY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010

## Series and Classes Contracts Data

### CORPORATE SPONSORED VUL SEPARATE ACCOUNT I (Series ID: S000009387)

| Class ID   | Class Name        | Ticker Symbol   |
|:---|:---|:---|
| C000214972 | CorpExec VUL Plus |  |

**New York Life Insurance and Annuity Corporation**

**CorpExec VUL Plus**

**Corporate Executive Series Variable Universal Life** 

**UPDATING SUMMARY PROSPECTUS FOR EXISTING INVESTORS**

**May 1, 2026**

**A flexible premium VUL insurance policy offered to corporations and individuals under New York Life Insurance and Annuity Corporation ("NYLIAC")** 

**Corporate Sponsored Variable Universal Life Separate Account-I**

Please use the following address to send policy premium payments and service Requests to us:

**Service Office:**

**New York Life Insurance and Annuity Corporation** <br>**NYLIFE Distributors, LLC** <br>**Attention: New York Life Institutional Life** <br>**6130 Sprint Parkway, Suite 400** <br>**Overland Park, KS 66211** <br>**Telephone: (888) 695-4748** <br>**Fax: (913) 906-4129**

**E-mail: NYLAMN_Service@newyorklife.com**

This Summary Prospectus summarizes significant changes to the CorpExec VUL Plus flexible premium VUL insurance policy (the "Policy") issued by New York Life Insurance and Annuity Corporation ("NYLIAC") since May 1, 2025, the effective date of last year's update to the prospectus for this Policy. The Policy is offered to corporations and individuals to provide life insurance in a corporate-sponsored arrangement. Unless otherwise indicated, all information in this summary prospectus applies to both individually and corporate-owned CorpExec VUL Plus Policies.

The prospectus for the Policy (the "Prospectus") contains more information about the Policy, including its features, benefits and risks. You can find the current Prospectus and other information about the Policy online at https://dfinview.com/NewYorkLife/TAHD/cevulplus. You can also obtain this information at no cost by calling our Service Office at (888) 695-4748, faxing us at (913) 906-4129 or by sending an email request to our Service Office at NYLAMN_Service@newyorklife.com.

Additional information about certain investment products, including variable life insurance policies, has been prepared by the staff of the Securities and Exchange Commission ("SEC") and is available at www.investor.gov. We do not authorize any information or representations regarding the offering described in this summary prospectus other than as contained in these materials, the full prospectus or any amendments or supplements to them, the initial summary prospectus, or in any supplemental sales material we authorize. This Summary Prospectus incorporates by reference the Policy's full prospectus and Statement of Additional Information (SAI), both dated May 1, 2026, as amended or supplemented. The SAI may be obtained, free of charge, in the same manner as the prospectus.

**The SEC has not approved or disapproved of this security or passed upon the accuracy or adequacy of this summary prospectus. Any representation to the contrary is a criminal offense.**

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**Table of Contents** 

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|:---|:---|
|  | **Page** |
| **[Glossary](#xx_6b06082d-b31d-4bf9-99c3-fecd0728917f_1)** | &nbsp;&nbsp; 1<br>|
| **[Updated Information About Your Contract](#xx_6b06082d-b31d-4bf9-99c3-fecd0728917f_2)** | &nbsp;&nbsp; 2<br>|
| **[Important Information You Should Consider About the Policy](#xx_6b06082d-b31d-4bf9-99c3-fecd0728917f_3)** | &nbsp;&nbsp; 3<br>|
| **[Appendix: Eligible Portfolios Available Under the Policy](#xx_5189d0a2-aeb5-444d-9ed4-2e1ec3f7b4d9_1)** | &nbsp;&nbsp; 8<br>|

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**Glossary**

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More detailed information concerning certain terms defined below is provided in "Definitions" in the Prospectus.

**Accumulation Value:** The aggregate value of your Policy's investment in the Investment Divisions.

**Attained Age:** The Insured's Issue Age, plus the number of Policy Years completed since the Policy Date.

**Business Day:** Any day on which the New York Stock Exchange ("NYSE") is open for regular trading. Our Business Day ends at 4:00 p.m. Eastern Time or the closing of regular trading on the NYSE, if earlier.

**Cash Surrender Value:** The Cash Value less Policy Debt. See "Surrenders" in the Prospectus for more information.

**Cash Value:** The sum of (a) the Accumulation Value, (b) the value in the Fixed Account, and (c) the value in the Loan Account.

**Eligible Portfolios:** The mutual fund portfolios that are available for investment through the Investment Divisions. See "Appendix—Eligible Portfolios Available Under the Policy" below. The Eligible Portfolios are portfolios of open-end management investment companies registered with the SEC.

**Face Amount:** The dollar amount of the life insurance under the Policy as selected by you. It may be changed by you. See "Definitions—Face Amount" and "Policy Payment Information—Changing the Face Amount of Your Policy" in the Prospectus for more information about the Face Amount.

**Fixed Account:** The investment option under your Policy that accrues interest at fixed rates on a daily basis. This rate can change, subject to the Guaranteed Minimum Interest Rate. Assets in the Fixed Account are part of NYLIAC's General Account. See "Management and Organization—The Fixed Account" and "—Interest Crediting" and "Description of the Policy—Investment Divisions and the Fixed Account—Amount in the Fixed Account" in the Prospectus for more information about the Fixed Account.

**Good Order:** A Notice, Request, or Policy transaction is in "Good Order" if it complies with our administrative procedures and the required information is complete and correct. We may delay our response to a Notice, Request, or Policy transaction if it is not in Good Order. For more information see "Definitions—Good Order" in the Prospectus.

**Investment Division:** A subaccount of NYLIAC Corporate Sponsored Variable Universal Separate Account-I, which is a segregated asset account of NYLIAC established to receive and invest net Premiums allocated to the Investment Divisions.

**Issue Age:** Unless otherwise stated, the Insured's age on the birthday nearest the Policy Date, as shown on the Policy Data Pages.

**Late Period:** A period of 62 days after the Monthly Deduction Day when the Cash Surrender Value is less than the Monthly Deduction Charges for the next Policy Month.

**Loan Account:** The account that holds a portion of Cash Value for the purpose of securing any Policy Debt. It is part of NYLIAC's General Account.

**Monthly Deduction Charges:** The charges deducted from your Policy's Cash Value as of each Monthly Deduction Day, consisting of the Monthly Cost of Insurance Charge, Monthly Additional Flat Extras, Monthly M&E Charge, Monthly Contract Charge, Monthly Per Thousand Face Amount Charge, and any applicable monthly rider charges.

**Monthly Deduction Day:** The date of each month, specified on the Policy Data Pages, as of which we deduct the Monthly Deduction Charges from Cash Value. For more information, see "Definitions—Monthly Deduction Day" in the Prospectus.

**PCO (Policy Charge Option):** The Policy charge option you may select at policy issue. For corporate-owned policies, there are five PCOs that may be selected—PCOs A - E. For individually-owned policies, only one PCO is available—PCO F. See "Important Information You Should Consider About the Policy—Fees and Expenses—Transaction Charges" below and "Charges Associated with the Policy—Policy Charge Options ("PCOs")" in the Prospectus for more details.

**Planned Premium:** The initial premium and the subsequent premium amounts in the amount and frequency you selected in the Policy application.

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**Policy or CorpExec VUL Plus:** Your CorpExec VUL Plus variable universal life policy.

**Policy Anniversary:** The anniversary of the Policy Date specified on the Policy Data Pages. A Policy Anniversary starts a new Policy Year.

**Policy Data Pages:** The Policy pages that provide information regarding your Policy, such as Policy Face Amount, Premium payments, and Policy charges.

**Policy Date:** The date we use as the starting point for determining Policy Years and Monthly Deduction Days. Your Policy Date will be the same as the date on which we issue your Policy, unless you Request otherwise. Generally, you may not choose a Policy Date that is more than six months before the date of your Policy's issue. You can find your Policy Date on the Policy Data Pages.

**Policy Debt:** The amount of outstanding loan(s) under your Policy, plus accrued interest.

**Policy Month:** The monthly period beginning on each Monthly Deduction Day and extending to, but not including, the next Monthly Deduction Day.

**Policy Year:** The year from a Policy Anniversary to, but not including, the next Policy Anniversary. The first Policy Year begins on the Policy Date, and each twelve-month period thereafter.

**Premium:** A Planned Premium or an Unplanned Premium.

**Request:** A signed written request in Good Order received at our Service Office which gives us the facts that we need. When you write to us, please include the Policy number, the Insured's full name, and your current address.

**Sales Standards:** The criteria used to evaluate whether a recommended transaction, relating to your policy, complies with applicable standards of conduct.

**Target Premium:** An amount used to determine the Premium Expense Charge. See "Important Information You Should Consider About the Policy—Fees and Expenses—Transaction Charges" and "Definitions—Target Premium" in the Prospectus.

**Unplanned Premium:** Premium payments you make in addition to Planned Premium.

**Updated Information About Your Contract**

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The information in this Updating Summary Prospectus is a summary of certain features of the Policy that have changed since the Prospectus, dated May 1, 2025. This description does not reflect all of the changes that have occurred since you entered into your Policy.

***Eligible Portfolios***

Effective on or about August 28, 2025, in accordance with applicable law and the terms of the policies, the Separate Account substituted shares of the Victory RS Small Cap Growth Equity VIP Series – Class I with shares of the ClearBridge Variable Small Cap Growth Portfolio – Class I.

The Victory RS International VIP Series (the "Victory Series") was closed at the close of business on or about August 22, 2025 (the "Hard Close Date") and the Victory Series was liquidated on or about August 28, 2025 (the "Liquidation Date"). As of the Hard Close Date, no premiums or transfers were accepted into the Investment Division that invests in the Victory Series. On the Liquidation Date, if any policyowners did not transfer their remaining Cash Value out of the Investment Division that invests in the Victory Series as of such date, we transferred the Cash Value allocated to the Victory Series into the Investment Division that invests in the Fidelity<sup>®</sup> VIP Government Money Market Portfolio—Initial Class.

Effective December 1, 2025, all references to the following Eligible Portfolios were changed from: (1) Macquarie VIP Emerging Markets Series—Standard Class to Nomura VIP Emerging Markets Series—Standard Class; and (2) Macquarie VIP Small Cap Value Series—Standard Class to Nomura VIP Small Cap Value Series—Standard Class. In addition, all references to "Delaware Management Company, a series of Macquarie Investment Management Business Trust" as the adviser to the Eligible Portfolios listed above, were deleted and replaced with "Delaware

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Management Company, a series of Nomura Investment Management Business Trust." Finally, all references to Macquarie Investment Management Global Limited as the sub-adviser to the Eligible Portfolios listed above were deleted.

As of April 24, 2026, each of the following Eligible Portfolios will be reorganized into a newly created series of the Lincoln Variable Insurance Products Trust: (1) ClearBridge Variable Appreciation Portfolio – Class I will be reorganized into LVIP ClearBridge Appreciation Fund – Standard Class; and (2) ClearBridge Variable Large Cap Growth Portfolio – Class I will be reorganized into LVIP ClearBridge Large Cap Growth Fund – Standard Class. For both funds, the Investment Adviser will change to Lincoln Financial Investments Corporation.

Commencing May 1, 2026, the following will be added as Eligible Portfolios under the Policy:

&nbsp;&nbsp;&nbsp;&nbsp;1. Columbia Variable Portfolio—Small Company Growth Fund—Class 1

&nbsp;&nbsp;&nbsp;&nbsp;2. Franklin Gold and Precious Metals VIP Fund—Class 1

&nbsp;&nbsp;&nbsp;&nbsp;3. Goldman Sachs VIT International Equity Insights Fund—Institutional Class

&nbsp;&nbsp;&nbsp;&nbsp;4. Lord Abbett Series Fund, Inc.—Short Duration Income Portfolio—Class I

&nbsp;&nbsp;&nbsp;&nbsp;5. Voya Intermediate Bond Portfolio—Class I

Commencing May 1, 2026, no premiums or transfers will be accepted into the following Investment Division:

&nbsp;&nbsp;&nbsp;&nbsp;1. Invesco VI Global Real Estate Fund—Series I Shares

Commencing May 1, 2026, no new investors will be permitted to allocate premiums or make transfers into the following Investment Divisions:

&nbsp;&nbsp;&nbsp;&nbsp;1. LVIP Baron Growth Opportunities Fund—Standard Class

&nbsp;&nbsp;&nbsp;&nbsp;2. Western Asset Core Plus VIT Portfolio—Class I

Policyowners who remove any Cash Value allocations from these Investment Divisions will not be permitted to reinvest in these Investment Divisions.

The names of the following Eligible Portfolios under the Policy have been changed as follows:

&nbsp;&nbsp;&nbsp;&nbsp;1. For all NYLI Portfolios, all references to "NYLI" in the Portfolio names were deleted and replaced with "NYLIM"

&nbsp;&nbsp;&nbsp;&nbsp;2. NYLI VP American Century Sustainable Equity—Initial Class has been changed to NYLIM VP American Century Large Cap Equity—Initial Class

&nbsp;&nbsp;&nbsp;&nbsp;3. American Funds<sup>®</sup> IS Global Small Capitalization Fund—Class 1 has been changed to American Funds<sup>®</sup> IS SMALLCAP World Fund<sup>®</sup>—Class 1

&nbsp;&nbsp;&nbsp;&nbsp;4. American Funds<sup>®</sup> IS International Fund—Class 1 has been changed to American Funds<sup>®</sup> IS EUPAC Fund<sup>TM</sup>—Class 1

&nbsp;&nbsp;&nbsp;&nbsp;5. MFS<sup>®</sup> International Intrinsic Value Portfolio—Initial Class has been changed to MFS<sup>®</sup> International Intrinsic Equity Portfolio—Initial Class

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

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**Fees and Expenses**<br>

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

**Please refer to your Policy Data Pages for information about the specific fees** <br> **you will pay each year based on the options you have selected.**<br>

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|:---|:---|:---|:---|
| **Transaction Charges** | We charge you a **Premium Expense Charge** on each Premium you pay up to <br> Attained Age 100, covering sales expense and federal and state premium tax <br> expenses. The amount of the **Premium Expense Charge** varies depending on the <br> Policy Charge Option ("PCO") that you select, the Policy Year in which the Premium is <br> paid, and whether or not the amount exceeds the Target Premium for your Policy. See <br> "Charges Associated with the Policy—Deductions from Premium Payments" in the <br> Prospectus for more information. The PCO is selected at Policy issue and may not be <br> changed once selected. Each PCO determines the amount, timing, and relative <br> allocation between and among the **Premium Expense Charges** and **Monthly** <br> **Mortality and Expense Charges** to your Policy and the current interest rate that will <br> be credited to the Fixed Account. For corporate-owned policies, there are five PCOs <br> that may be selected. For individually-owned policies, only one PCO is available. <br> Please refer to your Policy Data Pages for the specific Premium Expense Charges <br> available to your Policy.<br> We also may charge you a **Transfer Charge** on transfers among the investment <br> options under your Policy and a **Partial Surrender Processing Fee** on partial <br> surrenders. Currently, we are not imposing these charges. See "Charges Associated <br> with the Policy—Separate Account Charges—Fund Transfer Charge" and " —Partial <br> Surrender Processing Fee" in the Prospectus. <br> Finally, we reserve the right to charge a fee for returned payments, but we are not <br> currently charging it. | We charge you a **Premium Expense Charge** on each Premium you pay up to <br> Attained Age 100, covering sales expense and federal and state premium tax <br> expenses. The amount of the **Premium Expense Charge** varies depending on the <br> Policy Charge Option ("PCO") that you select, the Policy Year in which the Premium is <br> paid, and whether or not the amount exceeds the Target Premium for your Policy. See <br> "Charges Associated with the Policy—Deductions from Premium Payments" in the <br> Prospectus for more information. The PCO is selected at Policy issue and may not be <br> changed once selected. Each PCO determines the amount, timing, and relative <br> allocation between and among the **Premium Expense Charges** and **Monthly** <br> **Mortality and Expense Charges** to your Policy and the current interest rate that will <br> be credited to the Fixed Account. For corporate-owned policies, there are five PCOs <br> that may be selected. For individually-owned policies, only one PCO is available. <br> Please refer to your Policy Data Pages for the specific Premium Expense Charges <br> available to your Policy.<br> We also may charge you a **Transfer Charge** on transfers among the investment <br> options under your Policy and a **Partial Surrender Processing Fee** on partial <br> surrenders. Currently, we are not imposing these charges. See "Charges Associated <br> with the Policy—Separate Account Charges—Fund Transfer Charge" and " —Partial <br> Surrender Processing Fee" in the Prospectus. <br> Finally, we reserve the right to charge a fee for returned payments, but we are not <br> currently charging it. | We charge you a **Premium Expense Charge** on each Premium you pay up to <br> Attained Age 100, covering sales expense and federal and state premium tax <br> expenses. The amount of the **Premium Expense Charge** varies depending on the <br> Policy Charge Option ("PCO") that you select, the Policy Year in which the Premium is <br> paid, and whether or not the amount exceeds the Target Premium for your Policy. See <br> "Charges Associated with the Policy—Deductions from Premium Payments" in the <br> Prospectus for more information. The PCO is selected at Policy issue and may not be <br> changed once selected. Each PCO determines the amount, timing, and relative <br> allocation between and among the **Premium Expense Charges** and **Monthly** <br> **Mortality and Expense Charges** to your Policy and the current interest rate that will <br> be credited to the Fixed Account. For corporate-owned policies, there are five PCOs <br> that may be selected. For individually-owned policies, only one PCO is available. <br> Please refer to your Policy Data Pages for the specific Premium Expense Charges <br> available to your Policy.<br> We also may charge you a **Transfer Charge** on transfers among the investment <br> options under your Policy and a **Partial Surrender Processing Fee** on partial <br> surrenders. Currently, we are not imposing these charges. See "Charges Associated <br> with the Policy—Separate Account Charges—Fund Transfer Charge" and " —Partial <br> Surrender Processing Fee" in the Prospectus. <br> Finally, we reserve the right to charge a fee for returned payments, but we are not <br> currently charging it. |
| **Ongoing Fees and** <br> **Expenses**<br>| In addition to transaction charges, an investment in the Policy is subject to certain <br> ongoing fees and expenses which we deduct monthly, including **Cost of Insurance** <br> **Charges**, a **Flat Extras charge** (added to the Cost of Insurance Charge to cover <br> certain additional mortality risk), and a **Monthly Per Thousand Face Amount** <br> **Charge**. These charges may vary based on the characteristics of the Insured (e.g., <br> Issue Age, gender, underwriting class, Policy Year, and the Face Amount of your <br> Policy). See "Charges Associated with the Policy—Deductions from Cash <br> Value—Monthly Cost of Insurance Charge" and "—Monthly Per Thousand Face <br> Amount Charge" in the Prospectus. <br> We also charge a **Monthly Mortality and Expense Risk Charge** ("Monthly M&E <br> Charge") and a **Monthly Contract Charge**. See "Charges Associated with the <br> Policy—Deductions From Cash Value—Monthly Mortality and Expense Charge" in the <br> Prospectus.<br> We will charge you interest if you take a Policy Loan. See "Charges Associated with <br> the Policy—Loan Charges" in the Prospectus. <br> You will also bear expenses associated with the **Eligible Portfolios** available under <br> your Policy, as shown in the following table, which shows the minimum and maximum <br> total operating expenses deducted from the assets of the Eligible Portfolios (before <br> any fee waiver or expense reimbursement) during the year ended December 31, <br> 2025. (See "Appendix—Eligible Portfolios Available Under the Policy" for our list of <br> available Eligible Portfolios, the current expenses for these Portfolios, and the <br> Average Annual Total Returns). | In addition to transaction charges, an investment in the Policy is subject to certain <br> ongoing fees and expenses which we deduct monthly, including **Cost of Insurance** <br> **Charges**, a **Flat Extras charge** (added to the Cost of Insurance Charge to cover <br> certain additional mortality risk), and a **Monthly Per Thousand Face Amount** <br> **Charge**. These charges may vary based on the characteristics of the Insured (e.g., <br> Issue Age, gender, underwriting class, Policy Year, and the Face Amount of your <br> Policy). See "Charges Associated with the Policy—Deductions from Cash <br> Value—Monthly Cost of Insurance Charge" and "—Monthly Per Thousand Face <br> Amount Charge" in the Prospectus. <br> We also charge a **Monthly Mortality and Expense Risk Charge** ("Monthly M&E <br> Charge") and a **Monthly Contract Charge**. See "Charges Associated with the <br> Policy—Deductions From Cash Value—Monthly Mortality and Expense Charge" in the <br> Prospectus.<br> We will charge you interest if you take a Policy Loan. See "Charges Associated with <br> the Policy—Loan Charges" in the Prospectus. <br> You will also bear expenses associated with the **Eligible Portfolios** available under <br> your Policy, as shown in the following table, which shows the minimum and maximum <br> total operating expenses deducted from the assets of the Eligible Portfolios (before <br> any fee waiver or expense reimbursement) during the year ended December 31, <br> 2025. (See "Appendix—Eligible Portfolios Available Under the Policy" for our list of <br> available Eligible Portfolios, the current expenses for these Portfolios, and the <br> Average Annual Total Returns). | In addition to transaction charges, an investment in the Policy is subject to certain <br> ongoing fees and expenses which we deduct monthly, including **Cost of Insurance** <br> **Charges**, a **Flat Extras charge** (added to the Cost of Insurance Charge to cover <br> certain additional mortality risk), and a **Monthly Per Thousand Face Amount** <br> **Charge**. These charges may vary based on the characteristics of the Insured (e.g., <br> Issue Age, gender, underwriting class, Policy Year, and the Face Amount of your <br> Policy). See "Charges Associated with the Policy—Deductions from Cash <br> Value—Monthly Cost of Insurance Charge" and "—Monthly Per Thousand Face <br> Amount Charge" in the Prospectus. <br> We also charge a **Monthly Mortality and Expense Risk Charge** ("Monthly M&E <br> Charge") and a **Monthly Contract Charge**. See "Charges Associated with the <br> Policy—Deductions From Cash Value—Monthly Mortality and Expense Charge" in the <br> Prospectus.<br> We will charge you interest if you take a Policy Loan. See "Charges Associated with <br> the Policy—Loan Charges" in the Prospectus. <br> You will also bear expenses associated with the **Eligible Portfolios** available under <br> your Policy, as shown in the following table, which shows the minimum and maximum <br> total operating expenses deducted from the assets of the Eligible Portfolios (before <br> any fee waiver or expense reimbursement) during the year ended December 31, <br> 2025. (See "Appendix—Eligible Portfolios Available Under the Policy" for our list of <br> available Eligible Portfolios, the current expenses for these Portfolios, and the <br> Average Annual Total Returns). |
|  | **Annual Fee** | **Minimum** | **Maximum** |
|  | Investment Options<br> (Eligible Portfolio fees <br> and expenses)<br>| 0.03% | 2.325% |

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**Risks**<br>

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| **Risk of Loss** | You can lose money by investing in the Policy. See "Summary of Principal Risks of <br> Investment in the Policy—Investment Risk" in the Prospectus. <br>|

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| **Not a Short-Term** <br> **Investment**<br>| The Policy is not a short-term investment and is not appropriate for an investor who <br> needs ready access to cash. It is designed to provide a life insurance benefit and to <br> help meet other long-term financial objectives. Substantial fees, expenses, and tax <br> consequences make variable life insurance inappropriate as a short-term savings <br> vehicle. Additionally, the Policy may limit your ability to withdraw a portion of the Cash <br> Value through partial surrenders or loans. See "Summary of Principal Risks of <br> Investing in the Policy—Not a Short-Term Investment," "Loans," and <br> "Surrenders—Partial Surrenders—Amount Available for a Partial Surrender" in the <br> Prospectus.<br>|
| **Risks Associated with** <br> **Investment Options**<br>| An investment in the Policy is subject to the risk of poor investment performance and <br> can vary depending on the performance of the investment options you select. Each <br> investment option (including the Fixed Account) will have its own unique risks. The <br> performance of the Eligible Portfolios will vary, and some are riskier than others. <br> Accordingly, you should review the prospectuses of the Eligible Portfolios before <br> making an investment decision. A discussion of the risks of allocating your Premiums <br> or Cash Value to one or more Eligible Portfolios can be found in the prospectuses for <br> the Eligible Portfolios, which are available at https://dfinview.com/NewYorkLife/TAHD/<br> cevulplus. See also "Management and Organization—Funds and Eligible Portfolios," <br> "—The Fixed Account" and, "—Interest Crediting" in the Prospectus.<br>|
| **Insurance Company Risks** | An investment in the Policy is subject to the risks related to NYLIAC, including that <br> any obligations (including the Fixed Account), guarantees, or benefits are subject to <br> the claims-paying ability and financial strength of NYLIAC. If NYLIAC experiences <br> financial distress, it may not be able to meet its obligations to you. There are also <br> risks relating to NYLIAC's administration of the Policy including cybersecurity and <br> infectious disease outbreak risks. More information about NYLIAC, including its <br> claims-paying and financial strength ratings, is available upon request by contacting <br> our Service Office at (888) 906-4129, faxing us at (913) 906-4129, or emailing us at <br> NYLAMN_Service@newyorklife.com.<br>|
| **Contract Lapse** | Your Policy can lapse even if you pay all of the Planned Premiums on time. When a <br> Policy lapses, it has no value, and no benefits are paid upon the death of the Insured. <br> You may also lose the principal invested. Your Policy will lapse if the Cash Surrender <br> Value is insufficient to cover the Monthly Deduction Charges and you do not pay <br> enough Premium to cover the overdue charges by the end of the Late Period under <br> your Policy. This can happen in a number of circumstances, including minimal <br> funding, partial surrenders, excessive policy loans and interest, Policy charges <br> (including increases in those charges), market fluctuations, and poor investment <br> return of the Eligible Portfolios you select. The larger a Policy loan becomes relative <br> to the Policy's Cash Value, the greater the risk that the Policy's Cash Surrender Value <br> will not be sufficient to support the Policy's charges and expenses, including any loan <br> interest payable, and the greater the risk of the Policy lapsing. A Policy lapse may <br> have tax consequences. A Policy that has a Cash Surrender Value just sufficient to <br> cover Monthly Deduction Charges and other deductions, or that is otherwise <br> minimally funded, is less likely to maintain its Cash Surrender Value due to market <br> fluctuations and other performance-related risks. To continue to keep your Policy in <br> force, Premium payments significantly higher than the Planned Premiums may be <br> required. In addition, by paying only the minimum Premium required to keep the <br> Policy in force, you may forego the opportunity to build up significant Cash Value in <br> the Policy. If the Policy lapses, there are costs and premium requirements associated <br> with reinstatement of the Policy. See "Summary of Principal Risks of Investment in <br> the Policy—Risk of Termination" and "Termination and Reinstatement—Late Period" <br> in the Prospectus. In some states, the Policy's Late Period and other lapse and <br> reinstatement provisions may differ. For more information on state variations, ask <br> your registered representative or see "State Variations" in the Prospectus.<br>|

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**Restrictions**<br>

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| **Investment Allocation** <br> **Options**<br>| Generally, you may allocate your net Premiums or Cash Value among 20 of the <br> Eligible Portfolios at any one time as well as to the Fixed Account. Certain Policies <br> associated with a nonqualified deferred compensation plan may permit allocation <br> among up to 35 Eligible Policies and the Fixed Account; please contact us for more <br> information. <br> Unless we agree otherwise, the minimum amount that may be transferred among the <br> Investment Divisions or to or from the Fixed Account at one time is $500 (or, if less, <br> the entire amount in that investment option). If, after a transfer, less than $500 would <br> remain in the relevant Investment Division or the Fixed Account, we may include the <br> remaining value in the transfer. See "Description of the Policy—Investment Divisions <br> and the Fixed Account—Transfers Among Investment Divisions and the Fixed <br> Account" in the Prospectus. <br> In addition, in order to prevent market timing, we may limit your ability to make <br> transfers involving the Investment Divisions if a transfer may disadvantage or <br> potentially hurt the rights of other policyowners. We also will reject or reverse a <br> transfer Request if any of the relevant Eligible Portfolios for any reason does not <br> accept the purchase of its shares. For more information about our rights to decline <br> transfers, see "Description of the Policy—Limits on Transfers" in the Prospectus. For <br> more information about the Eligible Portfolios' rights to refuse or restrict purchases <br> and redemptions of their shares, see https://dfinview.com/NewYorkLife/TAHD/<br> cevulplus. <br> NYLIAC reserves the right to remove or substitute Eligible Portfolios as investment <br> options or close investment options to new investment. See "Management and <br> Organization—Our Rights" in the Prospectus and "Appendix—Eligible Portfolios <br> Available Under the Policy" below for a list of available Eligible Portfolios in the <br> Prospectus. <br> In addition, NYLIAC has the right to establish limits on your ability to allocate net <br> Premiums, or to transfer all or part of the Cash Value from an Investment Division, to <br> the Fixed Account. These limits may include allowing no Premium allocations, or <br> transfers from the Investment Divisions, to the Fixed Account. See "Description of the <br> Policy—Investment Divisions and the Fixed Account—Amount in the Fixed Account" <br> and "—Transfers Among Investment Divisions and the Fixed Account" in the <br> Prospectus.<br>|
| **Optional Benefits** | You are required to have a minimum Cash Value to elect, or retain access to, certain <br> optional benefits.<br> We may modify or discontinue offering an optional benefit at any time.<br> Some optional benefits may not be used together.<br> We may change these restrictions in the future.<br> For more detailed information, see "Description of the Policy—Additional Benefits <br> Through Options Available at No Additional Charge" in the Prospectus.<br>|

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

**Taxes**<br>

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

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|:---|:---|
| **Tax Implications** | You should consult with a tax professional to determine the tax implications of an <br> investment in and payments received under the Policy. For example, special rules <br> apply to employer-owned policies. The Policy may not be used with tax-qualified <br> plans or individual retirement accounts. Full and partial surrenders (including loans) <br> may be subject to ordinary income tax and, subject to certain exceptions, a 10% <br> percent penalty tax. See "Federal Income Tax Considerations" in the Prospectus for <br> more information about the tax consequences of the Policy. <br>|

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

**Conflicts of Interest**<br>

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

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|:---|:---|
| **Investment Professional** <br> **Compensation**<br>| Selling broker-dealers and, in turn, their registered representatives, receive <br> compensation for selling the Policy. The compensation will consist of commissions, <br> asset-based compensation, expense allowances and/or other compensation <br> programs. NYLIAC also may enter into agreements with service entities, which may <br> be affiliated with broker-dealers, under which NYLIAC pays service fees or additional <br> compensation. See "Distribution and Compensation Arrangements" in the <br> Prospectus. <br> Your selection of a PCO will affect the level of compensation received by your selling <br> broker-dealer or registered representative, with greater compensation being <br> generated by PCOs with higher current Policy charges and lower current Fixed <br> Account crediting rates. These compensation arrangements have the potential to <br> influence the recommendations made by your investment professional with respect to <br> the PCO, which may, in turn, affect the performance of your Policy. These <br> compensation arrangements may also provide a financial incentive for these <br> investment professionals to recommend the Policy over other investments. See <br> "Important Information You Should Consider About the Policy—Fees and <br> Expenses—Transaction Charges" above and "Charges Associated with the <br> Policy—Policy Charge Options ("PCOs")—Factors to Consider in Selecting a PCO" in <br> the Prospectus.<br>|
| **Exchanges** | Some investment professionals may have a financial incentive to offer you a new <br> policy in place of one that you already own. You should only exchange your <br> CorpExec VUL Plus Policy if you determine, after comparing the features, fees, and <br> risks of both policies, that it is preferable for you to purchase the new policy rather <br> than continue to own your CorpExec VUL Plus Policy. <br> In addition, if you already own a life insurance policy, it may not be to your advantage <br> to replace that policy with CorpExec VUL Plus. If you are replacing your policy with <br> the CorpExec VUL Plus Policy, you should carefully consider the benefits, features, <br> fees, risks, and costs of this Policy versus those of the policy (or policies) being <br> replaced. In addition, it may not be to your advantage to borrow money to purchase a <br> CorpExec VUL Plus Policy or to take partial surrenders from another policy you own <br> to make Premium payments under this CorpExec VUL Plus Policy. You should <br> exchange an existing policy for the CorpExec VUL Plus only if you determine that it is <br> preferable for you to purchase a new policy rather than continue to own your existing <br> policy, after comparing the features, fees, and risks of both policies. See "Description <br> of the Policy—Tax-Free "Section 1035" Insurance Policy Exchanges" in the <br> Prospectus.<br>|

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**Appendix: Eligible Portfolios Available Under the Policy**

The following is a list of Eligible Portfolios available under the Policy as of the date of this Prospectus. Generally, you may allocate your net Premiums or Cash Value among up to 20 of the Eligible Portfolios at any one time as well as to the Fixed Account. Certain Policies associated with a nonqualified deferred compensation plan may permit allocation among up to 35 Investment Divisions and the Fixed Account. More information about the Eligible Portfolios is available in the prospectuses for the Eligible Portfolios, which may be amended from time to time and can be found online at https://dfinview.com/NewYorkLife/TAHD/cevulplus. You can also request this information at no cost by calling our Service Office at (888) 695-4748, faxing us at (913) 906-4129, or emailing us at NYLAMN_Service@newyorklife.com.

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

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|:---|:---|:---|:---|:---|:---|
| **Type** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **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** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Large Cap Equity  | NYLIM VP American Century Large <br> Cap Equity (formerly NYLI VP <br> American Century Sustainable <br>Equity)–Initial Class<br>*Adviser: New York Life Investment* <br> *Management LLC ("New York Life* <br> *Investments") / Sub-Adviser: American* <br> *Century Investment Management, Inc.* <br> *("ACIM")* <br>| 0.68% | 11.34% | 13.96% | 11.86% |
| Investment Grade Bond | NYLIM VP Bond (formerly NYLI VP <br> Bond)–Initial Class <br>*Adviser: New York Life Investments /* <br> *Sub-Adviser: NYL Investors LLC* <br> *("NYLI")* <br>| 0.55% | 6.83% | (0.63%) | 1.96% |
| Large Cap Equity | NYLIM VP Dimensional U.S. Equity <br> (formerly NYLI VP Dimensional U.S. <br> Equity)–Initial Class <br>*Adviser: New York Life Investments /* <br> *Sub-Adviser: Dimensional Fund* <br> *Advisors L.P. ("DFA")*<br>| 0.54% | 13.75% | 12.39% | 12.68% |
| Sector | NYLIM VP Fidelity Institutional AM<sup>®</sup> <br> Utilities (formerly NYLI VP Fidelity <br> Institutional AM<sup>®</sup> Utilities)–Initial Class <br>*Adviser: New York Life Investments /* <br> *Sub-Adviser: FIAM LLC*<br>| 0.68% | 13.79% | 12.34% | 10.97% |
| Non-Investment Grade Bond | NYLIM VP Floating Rate (formerly <br> NYLI VP Floating Rate)–Initial Class <br>*Adviser: New York Life Investments /* <br> *Sub-Adviser: NYLI*<br>| 0.64% | 5.13% | 5.43% | 5.01% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **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** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Alternatives | NYLIM VP Hedge Multi-Strategy <br> (formerly NYLI VP Hedge <br> Multi-Strategy)–Initial Class<br>*Adviser: New York Life Investments* <br>| 1.01% | 8.05% | 2.92% | 2.07% |
| Asset Allocation | NYLIM VP Income Builder (formerly <br> NYLI VP Income Builder)–Initial Class <br>*Adviser: New York Life Investments /* <br> *Sub-Advisers: Epoch Investment* <br> *Partners, Inc. and MacKay Shields LLC* <br> *("MacKay")*<br>| 0.63% | 16.99% | 6.56% | 7.40% |
| Asset Allocation | NYLIM VP Janus Henderson Balanced <br> (formerly NYLI VP Janus Henderson <br> Balanced)–Initial Class<br>*Adviser: New York Life Investments /* <br> *Sub-Adviser: Janus Henderson* <br> *Investors US LLC ("Janus")*<br>| 0.58% | 15.05% | 8.58% | 10.19% |
| Non-Investment Grade Bond | NYLIM VP MacKay Convertible <br> (formerly NYLI VP MacKay <br> Convertible)–Initial Class<br>*Adviser: New York Life Investments /* <br> *Sub-Adviser: MacKay*<br>| 0.59% | 16.40% | 5.60% | 10.38% |
| Non-Investment Grade Bond | NYLIM VP MacKay High Yield <br> Corporate Bond (formerly NYLI VP <br> MacKay High Yield Corporate <br> Bond)–Initial Class<br>*Adviser: New York Life Investments /* <br> *Sub-Adviser: MacKay*<br>| 0.59% | 6.87% | 4.44% | 6.14% |
| Investment Grade Bond | NYLIM VP MacKay U.S. Infrastructure <br> Bond (formerly NYLI VP MacKay U.S. <br> Infrastructure Bond)–Initial Class <br>*Adviser: New York Life Investments /* <br> *Sub-Adviser: MacKay*<br>| 0.57% | 8.44% | 0.10% | 1.38% |
| Sector | NYLIM VP Natural Resources (formerly <br> NYLI VP Natural Resources)–Initial <br> Class<br>*Adviser: New York Life Investments /* <br> *Sub-Adviser: Newton Investment* <br> *Management North America, LLC* <br> *("NIMNA")*<br>| 0.85% | 15.20% | 17.27% | 10.88% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **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** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| International/Global Equity | NYLIM VP PineStone International <br> Equity (formerly NYLI VP PineStone <br> International Equity)–Initial Class <br>*Adviser: New York Life Investments /* <br> *Sub-Adviser: PineStone Asset* <br> *Management Inc.*<br>| 0.86% | 12.29% | 0.20% | 5.44% |
| Small/Mid Cap Equity | NYLIM VP Schroders Mid Cap <br> Opportunities (formerly NYLI VP <br> Schroders Mid Cap <br> Opportunities)–Initial Class <br>*Adviser: New York Life Investments /* <br> *Sub-Adviser: Schroder Investment* <br> *Management North America Inc.*<br>| 0.83% | 7.27% | 5.05% | 7.39% |
| Money Market | NYLIM VP U.S. Government Money <br> Market (formerly NYLI VP U.S. <br> Government Money Market)–Initial <br> Class<br>*Adviser: New York Life Investments /* <br> *Sub-Adviser: NYLI*<br>| 0.28% | 4.05% | 3.02% | 1.89% |
| Small/Mid Cap Equity | NYLIM VP Wellington Small Cap <br> (formerly NYLI VP Wellington Small <br> Cap)–Initial Class <br>*Adviser: New York Life Investments /* <br> *Sub-Adviser: Wellington Management* <br> *Company LLP*<br>| 0.75% | 9.53% | 5.93% | 7.41% |
| Large Cap Equity | NYLIM VP Winslow Large Cap Growth <br> (formerly NYLI VP Winslow Large Cap <br> Growth)–Initial Class<br>*Adviser: New York Life Investments /* <br> *Sub-Adviser: Winslow Capital* <br> *Management, LLC*<br>| 0.75% | 14.35% | 12.69% | 16.14% |
| Small/Mid Cap Equity | AB VPS Discovery Value <br> Portfolio–Class A<br>*Adviser: AllianceBernstein L.P. ("AB")*<br>| 0.82% | 2.89% | 8.75% | 8.55% |
| Large Cap Equity | AB VPS Large Cap Growth <br> Portfolio–Class A<br>*Adviser: AB*<br>| 0.65% | 13.13% | 12.04% | 16.17% |
| Large Cap Equity | AB VPS Relative Value Portfolio–Class <br> A<br>*Adviser: AB*<br>| 0.59% | 10.47% | 11.42% | 10.57% |

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|:---|:---|:---|:---|:---|:---|
| **Type** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **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** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Small/Mid Cap Equity | AB VPS Small Cap Growth <br> Portfolio–Class A<br>*Adviser: AB*<br>| 0.90% | 4.80% | (0.44%) | 11.26% |
| Small/Mid Cap Equity | Alger Small Cap Growth <br> Portfolio–Class I-2 Shares<br>*Adviser: Fred Alger Management, LLC* <br> *(Weatherbie Capital, LLC)*<br>| 0.97% | 5.91% | (4.93%) | 8.83% |
| Asset Allocation | American Funds<sup>®</sup> IS American Funds <br> Global Balanced Fund–Class 1<br>*Adviser: Capital Research and* <br> *Management Company*<sup>SM</sup> *("CRMC")*<br>| 0.51% | 17.42% | 6.37% | 7.96% |
| Asset Allocation | American Funds<sup>®</sup> IS Asset Allocation <br> Fund–Class 1<br>*Adviser: CRMC*<br>| 0.29% | 16.16% | 9.24% | 10.05% |
| Investment Grade Bond | American Funds<sup>®</sup> IS The Bond Fund of <br> America<sup>®</sup>–Class 1<br>*Adviser: CRMC*<br>| 0.22% | 7.40% | 0.10% | 2.61% |
| Investment Grade Bond | American Funds<sup>®</sup> IS Capital World <br> Bond Fund<sup>®</sup>–Class 1<br>*Adviser: CRMC*<br>| 0.48% | 9.55% | (2.27%) | 1.47% |
| International/Global Equity | American Funds<sup>®</sup> IS EUPAC Fund<sup>™</sup> <br> (formerly American Funds<sup>®</sup> IS <br> International Fund)–Class 1<br>*Adviser: CRMC*<br>| 0.47% | 27.04% | 3.66% | 7.26% |
| International/Global Equity | American Funds<sup>®</sup> IS Global Growth <br> Fund–Class 1<br>*Adviser: CRMC*<br>| 0.40% | 21.98% | 8.51% | 12.46% |
| Large Cap Equity | American Funds<sup>®</sup> IS Growth <br> Fund–Class 1<br>*Adviser: CRMC*<br>| 0.33% | 20.54% | 13.66% | 18.26% |
| Large Cap Equity | American Funds<sup>®</sup> IS Growth-Income <br> Fund–Class 1<br>*Adviser: CRMC*<br>| 0.28% | 18.37% | 14.19% | 14.20% |
| International/Global Equity | American Funds<sup>®</sup> IS New World <br> Fund<sup>®</sup>–Class 1<br>*Adviser: CRMC*<br>| 0.57% | 28.60% | 5.59% | 9.53% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **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** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| International/Global Equity | American Funds<sup>®</sup> IS SMALLCAP World <br> Fund<sup>®</sup> (formerly American Funds<sup>®</sup> IS <br> Global Small Capitalization <br> Fund)–Class 1<br>*Adviser: CRMC*<br>| 0.65% | 14.89% | 0.73% | 7.50% |
| Investment Grade Bond | American Funds<sup>®</sup> IS U.S. Government <br> Securities Fund<sup>®</sup>–Class 1<br>*Adviser: CRMC*<br>| 0.25% | 8.01% | 0.01% | 1.95% |
| Large Cap Equity | American Funds<sup>®</sup> IS Washington <br> Mutual Investors Fund–Class 1<br>*Adviser: CRMC*<br>| 0.25% | 17.50% | 14.17% | 12.65% |
| Asset Allocation | BlackRock<sup>®</sup> Global Allocation V.I. <br> Fund–Class I<br>*Adviser: BlackRock Advisors, LLC* <br> *("BlackRock") / Sub-Advisers:* <br> *BlackRock (Singapore) Limited and* <br> *BlackRock International Limited*<br>| 0.76% | 19.80% | 5.79% | 7.59% |
| Non-Investment Grade Bond | BlackRock<sup>®</sup> High Yield V.I. Fund–Class <br> I<br>*Adviser: BlackRock / Sub-Adviser:* <br> *BlackRock International Limited*<br>| 0.54% | 9.19% | 4.79% | 6.31% |
| Large Cap Equity | BNY Mellon Sustainable U.S. Equity <br> Portfolio–Initial Shares <br>*Adviser: BNY Mellon Investment* <br> *Adviser, Inc. / Sub-Advisers: NIMNA* <br> *and Newton Investment Management* <br> *Limited* <br>| 0.66% | 15.97% | 11.93% | 13.56% |
| Small/Mid Cap Equity | ClearBridge Variable Small Cap Growth <br> Portfolio–Class I<br> *Adviser: Franklin Templeton Fund* <br> *Adviser, LLC ("FTFA") / Sub-Adviser:* <br> *ClearBridge Investments, LLC* <br> *("ClearBridge")*<br>| 0.81% | 9.23% | (0.17%) | 9.38% |
| Large Cap Equity  | Columbia Variable Portfolio–Disciplined <br> Core Fund–Class 1<br>*Adviser: Columbia Management* <br> *Investment Advisers, LLC ("Columbia") /* <br> *Sub-Adviser: Threadneedle* <br> *International Limited*<br>| 0.67% | 26.06% | 14.06% | 12.15% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **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** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Non-Investment Grade Bond | Columbia Variable Portfolio–Emerging <br> Markets Bond Fund–Class 1<br>*Adviser: Columbia*<br>| 0.75% | 12.78% | 1.70% | 4.28% |
| Investment Grade Bond | Columbia Variable <br> Portfolio–Intermediate Bond <br> Fund–Class 1<br>*Adviser: Columbia*<br>| 0.52% | 9.06% | (0.43%) | 2.77% |
| Small/Mid Cap Equity | Columbia Variable Portfolio–Small <br> Company Growth Fund–Class 1<br> *Adviser: Columbia*<br>| 0.87% | 21.69% | 3.59% | 15.19% |
| Non-Investment Grade Bond  | Columbia Variable Portfolio–Strategic <br> Income Fund–Class 1<br>*Adviser: Columbia*<br>| 0.69% | 7.21% | 4.28% | 5.85% |
| Investment Grade Bond  | Dimensional VA Global Bond Portfolio<br>*Adviser: DFA / Sub-Advisers:* <br> *Dimensional Fund Advisors Ltd. ("DFA* <br> *Ltd.") and DFA Australia Limited* <br> *("DFAA")*<br>| 0.21% | 4.35% | 1.38% | 1.81% |
| Asset Allocation | Dimensional VA Global Moderate <br> Allocation Portfolio<br>*Adviser: DFA*<br>| 0.28% | 14.68% | 8.42% | 8.65% |
| International/Global Equity | Dimensional VA International Small <br> Portfolio<br>*Adviser: DFA / Sub-Advisers: DFA Ltd.* <br> *and DFAA*<br>| 0.39% | 36.99% | 8.89% | 8.68% |
| International/Global Equity | Dimensional VA International Value <br> Portfolio<br>*Adviser:* DFA */ Sub-Advisers: DFA Ltd.* <br> *and DFAA*<br>| 0.27% | 45.64% | 15.85% | 10.46% |
| Large Cap Equity | Dimensional VA U.S. Large Value <br> Portfolio<br>*Adviser: DFA*<br>| 0.21% | 15.83% | 11.97% | 10.51% |
| Small/Mid Cap Equity | Dimensional VA U.S. Targeted Value <br> Portfolio<br>*Adviser: DFA*<br>| 0.29% | 8.95% | 13.60% | 11.00% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **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** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Investment Grade Bond | Dimensional VIT Inflation-Protected <br> Securities Portfolio<br>*Adviser: DFA / Sub-Advisers: DFA Ltd.* <br> *and DFAA*<br>| 0.11% | 7.55% | 1.05% | 3.12% |
| Alternatives | DWS Alternative Asset Allocation <br> VIP–Class A<br>*Adviser: DWS Investment Management* <br> *Americas Inc. ("DIMA") / Sub-Adviser:* <br> *RREEF Americas LLC*<br>| 0.93% | 10.50% | 5.29% | 4.89% |
| Small/Mid Cap Equity | DWS Small Cap Index VIP–Class A<br>*Adviser: DIMA / Sub-Adviser: Northern* <br> *Trust Investments, Inc.*<br>| 0.37% | 12.64% | 5.84% | 9.33% |
| Asset Allocation | Fidelity<sup>®</sup> VIP Balanced Portfolio–Initial <br> Class<br>*Adviser: Fidelity Management &* <br> *Research Company LLC ("FMR") /* <br> *Sub-Advisers: Other investment* <br> *advisers*<br>| 0.41% | 15.25% | 9.52% | 11.13% |
| Investment Grade Bond  | Fidelity<sup>®</sup> VIP Bond Index Portfolio–Initial <br> Class<br>*Adviser: FMR / Sub-Advisers: FMR* <br> *Investment Management (UK) Limited* <br> *and other investment advisers*<br>| 0.14% | 6.98% | (0.57%) | N/A |
| International/Global Equity | Fidelity<sup>®</sup> VIP Emerging Markets <br> Portfolio–Initial Class<br>*Adviser: FMR / Sub-Advisers: FMR* <br> *Co., Inc., an affiliate of FMR ("FMRC")* <br> *and other investment advisers*<br>| 0.87% | 41.20% | 5.88% | 10.93% |
| Small/Mid Cap Equity | Fidelity<sup>®</sup> VIP Extended Market Index <br> Portfolio–Initial Class<br>*Adviser: FMR / Sub-Advisers: Geode* <br> *Capital Management, LLC ("Geode")* <br> *and FMRC* <br>| 0.12% | 12.32% | 8.02% | N/A |
| Non-Investment Grade Bond | Fidelity<sup>®</sup> VIP Floating Rate High Income <br> Portfolio–Initial Class<br>*Adviser: FMR / Sub-Advisers: FMR* <br> *Investment Management (UK) Limited* <br> *and other investment advisers*<br>| 0.73% | 5.33% | 6.06% | 5.44% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **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** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Asset Allocation | Fidelity<sup>®</sup> VIP Freedom 2020 <br> Portfolio<sup>SM</sup>–Initial Class<br>*Adviser: FMR*<br>| 0.44% | 13.33% | 4.84% | 7.38% |
| Asset Allocation | Fidelity<sup>®</sup> VIP Freedom 2025 <br> Portfolio<sup>SM</sup>–Initial Class<br>*Adviser: FMR*<br>| 0.46% | 14.59% | 5.52% | 8.02% |
| Asset Allocation | Fidelity<sup>®</sup> VIP Freedom 2030 <br> Portfolio<sup>SM</sup>–Initial Class<br>*Adviser: FMR*<br>| 0.49% | 15.52% | 6.25% | 8.88% |
| Asset Allocation | Fidelity<sup>®</sup> VIP Freedom 2035 <br> Portfolio<sup>SM</sup>–Initial Class<br>*Adviser: FMR*<br>| 0.53% | 16.69% | 7.55% | 10.00% |
| Asset Allocation | Fidelity<sup>®</sup> VIP Freedom 2040 <br> Portfolio<sup>SM</sup>–Initial Class<br>*Adviser: FMR*<br>| 0.57% | 18.79% | 9.01% | 10.87% |
| Asset Allocation | Fidelity<sup>®</sup> VIP Freedom 2045 <br> Portfolio<sup>SM</sup>–Initial Class<br>*Adviser: FMR*<br>| 0.60% | 19.83% | 9.44% | 11.09% |
| Asset Allocation | Fidelity<sup>®</sup> VIP Freedom 2050 <br> Portfolio<sup>SM</sup>–Initial Class<br>*Adviser: FMR*<br>| 0.60% | 19.79% | 9.43% | 11.08% |
| Asset Allocation | Fidelity<sup>®</sup> VIP Freedom 2055 <br> Portfolio<sup>SM</sup>–Initial Class<br>*Adviser: FMR*<br>| 0.61% | 13.80% | 9.32% | N/A |
| Asset Allocation | Fidelity<sup>®</sup> VIP Freedom 2060 <br> Portfolio<sup>SM</sup>–Initial Class<br>*Adviser: FMR*<br>| 0.60% | 19.85% | 9.43% | N/A |
| Asset Allocation | Fidelity<sup>®</sup> VIP Freedom 2065 <br> Portfolio<sup>SM</sup>–Initial Class<br>*Adviser: FMR*<br>| 0.60% | 19.86% | 9.43% | N/A |
| Money Market | Fidelity<sup>®</sup> VIP Government Money <br> Market Portfolio–Initial Class<br>*Adviser: FMR / Sub-Advisers: Other* <br> *investment advisers*<br>| 0.25% | 4.13% | 3.10% | 2.03% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **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** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Large Cap Equity | Fidelity<sup>®</sup> VIP Growth Opportunities <br> Portfolio–Initial Class<br>*Adviser: FMR / Sub-Advisers: Other* <br> *investment advisers*<br>| 0.56% | 22.02% | 11.31% | 19.94% |
| Large Cap Equity | Fidelity<sup>®</sup> VIP Growth Portfolio—Initial <br> Class<br>*Adviser: FMR / Sub-Advisers: FMRC* <br> *and other investment advisers* <br>| 0.55% | 14.92% | 13.70% | 17.45% |
| Sector | Fidelity<sup>®</sup> VIP Health Care <br> Portfolio–Initial Class<br>*Adviser: FMR / Sub-Advisers: Other* <br> *investment advisers*<br>| 0.59% | 14.39% | 4.18% | 8.75% |
| Large Cap Equity | Fidelity<sup>®</sup> VIP Index 500 Portfolio–Initial <br> Class+<br>*Adviser: FMR / Sub-Adviser: Geode* <br>| 0.09% | 17.78% | 14.31% | 14.70% |
| International/Global Equity | Fidelity<sup>®</sup> VIP International Capital <br> Appreciation Portfolio–Initial Class<br>*Adviser: FMR / Sub-Advisers: Other* <br> *investment advisers*<br>| 0.78% | 18.69% | 6.26% | 9.81% |
| International/Global Equity | Fidelity<sup>®</sup> VIP International Index <br> Portfolio–Initial Class<br>*Adviser: FMR / Sub-Adviser: Geode*<br>| 0.16% | 33.15% | 8.02% | N/A |
| Investment Grade Bond | Fidelity<sup>®</sup> VIP Investment Grade Bond <br> Portfolio–Initial Class<br>*Adviser: FMR / Sub-Advisers: FMR* <br> *Investment Management (UK) Limited* <br> *and other investment advisers*<br>| 0.37% | 7.22% | 0.06% | 2.71% |
| Small/Mid Cap Equity | Fidelity<sup>®</sup> VIP Mid Cap Portfolio–Initial <br> Class<br>*Adviser: FMR / Sub-Advisers: Other* <br> *investment advisers*<br>| 0.55% | 11.75% | 10.10% | 10.59% |
| Sector | Fidelity<sup>®</sup> VIP Real Estate <br> Portfolio–Initial Class\*\*<br>*Adviser: Fidelity SelectCo., LLC, an* <br> *affiliate of FMR / Sub-Advisers: Other* <br> *investment advisers*<br>| 0.60% | 3.10% | 4.23% | 3.87% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **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** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Non-Investment Grade Bond  | Fidelity<sup>®</sup> VIP Strategic Income <br> Portfolio–Initial Class<br>*Adviser: FMR / Sub-Advisers: Other* <br> *investment advisers*<br>| 0.63% | 8.85% | 3.07% | 4.66% |
| Sector | Fidelity<sup>®</sup> VIP Technology <br> Portfolio–Initial Class<br>*Adviser: FMR / Sub-Advisers: Other* <br> *investment advisers*<br>| 0.56% | 23.86% | 16.83% | 23.76% |
| Large Cap Equity | Fidelity<sup>®</sup> VIP Total Market Index <br> Portfolio–Initial Class<br>*Adviser: FMR / Sub-Adviser: Geode* <br>| 0.11% | 17.11% | 13.14% | N/A |
| Sector | Franklin Gold and Precious Metals VIP <br> Fund—Class 1<br>*Adviser: Franklin Advisers, Inc. ("FAV")*<br>| 0.70% | N/A | N/A | N/A |
| International/Global Equity | Goldman Sachs VIT International <br> Equity Insights Fund—Institutional <br>Class<br>*Adviser: Goldman Sachs Asset* <br> *Management, L.P.* <br>| 0.80% | 6.12% | 5.46% | 4.88% |
| Investment Grade Bond  | Invesco V.I. Core Plus Bond <br> Fund–Series I Shares<br>*Adviser: Invesco Advisers, Inc.* <br> *("Invesco")*<br>| 0.62% | 7.09% | (0.11%) | 2.99% |
| Sector | Invesco V.I. Global Real Estate <br> Fund–Series I Shares\*\*<br>*Adviser: Invesco / Sub-Adviser: Invesco* <br> *Asset Management Limited*<br>| 1.02% | 7.85% | 1.73% | 2.44% |
| Small/Mid Cap Equity | Invesco V.I. Main Street Small Cap <br> Fund<sup>®</sup>–Series I Shares<br>*Adviser: Invesco* <br>| 0.84% | 8.70% | 8.34% | 10.59% |
| Small/Mid Cap Equity | Janus Henderson Enterprise <br> Portfolio–Institutional Shares<br>*Adviser: Janus*<br>| 0.72% | 7.67% | 7.62% | 12.79% |
| Investment Grade Bond | Lord Abbett Series Fund, Inc.—Short <br> Duration Income Portfolio—Class I <br> *Adviser: Lord, Abbett & Co. LLC* <br>| 0.47% | N/A | N/A | N/A |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **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** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Investment Grade Bond | LVIP American Century Inflation <br> Protection Fund–Standard Class II <br>*Adviser: ACIM*<br>| 0.47% | 1.82% | 1.47% | 1.98% |
| Small/Mid Cap Equity | LVIP American Century Mid Cap Value <br> Fund–Standard Class II<br>*Adviser: ACIM*<br>| 0.86% | 8.73% | 7.29% | 8.03% |
| Large Cap Equity | LVIP American Century Value <br> Fund–Standard Class II <br>*Adviser: ACIM* <br>| 0.71% | 9.48% | 8.59% | 8.18% |
| Small/Mid Cap Equity | LVIP Baron Growth Opportunities <br> Fund–Standard Class\*<br>*Adviser: Lincoln Financial Investments* <br> *Corporation ("LFIC") / Sub-Adviser:* <br> *BAMCO, Inc.*<br>| 0.90% | 5.71% | 8.23% | 9.68% |
| Large Cap Equity | LVIP BlackRock Equity Dividend <br> Fund–Standard Class <br>*Adviser: LFIC / Sub-Adviser:* <br> *BlackRock Investment Management,* <br> *LLC*<br>| 0.66% | 7.18% | 5.69% | 7.18% |
| Large Cap Equity | LVIP ClearBridge Appreciation <br> Fund–Standard Class (formerly <br> ClearBridge Variable Appreciation <br> Portfolio–Class I) <br>*Adviser: LFIC / Sub-Adviser:* <br> *ClearBridge*<br>| 0.70% | 14.50% | 12.72% | 13.34% |
| Large Cap Equity | LVIP ClearBridge Large Cap Growth <br> Fund–Standard Class (formerly <br> ClearBridge Variable Large Cap Growth <br> Portfolio–Class I) <br> *Adviser: LFIC / Sub-Adviser:* <br> *ClearBridge* <br>| 0.74% | 8.62% | 10.57% | N/A |
| International/Global Equity | LVIP Franklin Templeton Multi-Factor <br> Emerging Markets Equity <br> Fund–Standard Class<br>*Adviser: LFIC / Sub-Adviser: FAV*<br>| 0.46% | 8.90% | 3.36% | 2.82% |
| International/Global Equity | LVIP Franklin Templeton Multi-Factor <br> International Equity Fund–Standard <br> Class<br>*Adviser: LFIC / Sub-Adviser: FAV*<br>| 0.40% | 3.76% | 4.48% | 4.69% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **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** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Investment Grade Bond | LVIP JPMorgan Short Duration Bond <br> Fund–Standard Class <br>*Adviser: LFIC / Sub-Adviser: J.P.* <br> *Morgan Investment Management Inc.* <br> *("JPMIM")*<br>| 0.47% | 4.30% | 1.70% | 1.89% |
| International/Global Equity | LVIP Mondrian International Value <br> Fund–Standard Class<br>*Adviser: LFIC / Sub-Adviser: Mondrian* <br> *Investment Partners Limited*<br>| 0.74% | 4.70% | 3.48% | 4.20% |
| International/Global Equity | LVIP SSgA Emerging Markets Equity <br> Index Fund–Standard Class<br>*Adviser: LFIC / Sub-Adviser: SSgA* <br> *Funds Management, Inc. ("SSGA FM")*<br>| 0.50% | 6.80% | 0.75% | N/A |
| International/Global Equity | LVIP SSgA International Index Fund - <br> Standard Class<br>*Adviser: LFIC / Sub-Adviser: SSGA FM*<br>| 0.38% | 3.22% | 4.49% | 4.98% |
| International/Global Equity | MFS<sup>®</sup> Global Growth Portfolio–Initial <br> Class<br>*Adviser: Massachusetts Financial* <br> *Services Company ("MFS")*<br>| 0.88% | 13.59% | 5.72% | 8.91% |
| Sector | MFS<sup>®</sup> Global Real Estate <br> Portfolio–Initial Class<br>*Adviser: MFS*<br>| 0.90% | 3.53% | 1.32% | 5.01% |
| Asset Allocation | MFS<sup>®</sup> Global Tactical Allocation <br> Portfolio–Initial Class<br>*Adviser: MFS*<br>| 0.78% | 15.48% | 4.86% | 5.67% |
| International/Global Equity | MFS<sup>®</sup> International Growth <br> Portfolio–Initial Class<br>*Adviser: MFS*<br>| 0.88% | 21.12% | 7.07% | 9.88% |
| International/Global Equity | MFS<sup>®</sup> International Intrinsic Equity <br> Portfolio (formerly MFS<sup>®</sup> International <br> Intrinsic Value Portfolio)–Initial Class<br>*Adviser: MFS*<br>| 0.89% | 33.26% | 7.28% | 9.95% |
| Small/Mid Cap Equity | MFS<sup>®</sup> Mid Cap Growth Series–Initial <br> Class<br>*Adviser: MFS*<br>| 0.81% | 3.66% | 3.26% | 11.60% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **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** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Small/Mid Cap Equity | MFS<sup>®</sup> Mid Cap Value Portfolio–Initial <br> Class<br>*Adviser: MFS*<br>| 0.79% | 5.98% | 10.18% | 9.95% |
| Small/Mid Cap Equity | MFS<sup>®</sup> New Discovery Value <br> Portfolio–Initial Class<br>*Adviser: MFS*<br>| 0.88% | 12.76% | (0.28%) | 10.74% |
| International/Global Equity | MFS<sup>®</sup> Research International <br> Portfolio–Initial Class<br>*Adviser: MFS*<br>| 0.90% | 22.05% | 5.51% | 7.54% |
| Large Cap Equity | MFS<sup>®</sup> Value Series–Initial Class<br>*Adviser: MFS*<br>| 0.69% | 13.01% | 9.95% | 10.05% |
| International/Global Equity | Nomura VIP Emerging Markets Series <br> (formerly Macquarie VIP Emerging <br> Markets Series)–Standard Class <br>*Adviser: Delaware Management* <br> *Company, a series of Nomura* <br> *Investment Management Business* <br> *Trust ("DMC")* <br>| 1.16% | 81.26% | 8.81% | 12.17% |
| Small/Mid Cap Equity | Nomura VIP Small Cap Value Series <br> (formerly Macquarie VIP Small Cap <br> Value Series)–Standard Class <br>*Adviser: DMC* <br>| 0.74% | 8.16% | 9.26% | 9.15% |
| Non-Investment Grade Bond  | PIMCO VIT Emerging Markets Bond <br> Portfolio–Institutional Class<br>*Adviser*: *Pacific Investment* <br> *Management Company LLC ("PIMCO")*<br>| 1.02% | 15.15% | 2.60% | 5.22% |
| Investment Grade Bond  | PIMCO VIT Global Bond Opportunities <br> Portfolio (Unhedged)–Institutional Class<br>*Adviser: PIMCO*<br>| 1.00% | 13.04% | 0.32% | 2.62% |
| Non-Investment Grade Bond | PIMCO VIT High Yield <br> Portfolio–Institutional Class<br>*Adviser: PIMCO*<br>| 0.66% | 9.12% | 4.13% | 5.73% |
| Investment Grade Bond  | PIMCO VIT Income <br> Portfolio–Institutional Class<br>*Adviser: PIMCO*<br>| 0.77% | 10.36% | 3.57% | N/A |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **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** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Investment Grade Bond | PIMCO VIT International Bond Portfolio <br> (U.S. Dollar-Hedged)–Institutional Class<br>*Adviser: PIMCO*<br>| 0.94% | 4.10% | 1.18% | 3.04% |
| Investment Grade Bond | PIMCO VIT Long-Term U.S. <br> Government Portfolio–Institutional <br> Class<br>*Adviser: PIMCO*<br>| 2.325% | 6.31% | (6.68%) | (0.16%) |
| Investment Grade Bond | PIMCO VIT Low Duration <br> Portfolio–Institutional Class<br>*Adviser: PIMCO*<br>| 0.51% | 5.68% | 1.72% | 1.94% |
| Investment Grade Bond | PIMCO VIT Real Return <br> Portfolio–Institutional Class<br>*Adviser: PIMCO*<br>| 1.24% | 8.01% | 1.36% | 3.37% |
| Investment Grade Bond | PIMCO VIT Short-Term <br> Portfolio–Institutional Class<br>*Adviser: PIMCO*<br>| 0.50% | 4.83% | 3.40% | 2.91% |
| Investment Grade Bond | PIMCO VIT Total Return <br> Portfolio–Institutional Class<br>*Adviser: PIMCO*<br>| 0.58% | 9.05% | 0.16% | 2.51% |
| Sector | Principal VC Real Estate Securities <br> Account–Class 1<br>*Adviser: Principal Global Investors, LLC* <br> */ Sub-Advisers: Principal Real Estate* <br> *Investors, LLC*<br>| 0.78% | 1.24% | 4.88% | 5.94% |
| International/Global Equity | Putnam VT International Value <br> Fund–Class IA<br>*Adviser: Putnam Investment* <br> *Management, LLC / Sub-Advisers: FAV,* <br> *Franklin Templeton Investment* <br> *Management Limited, and The Putnam* <br> *Advisory Company, LLC*<br>| 0.81% | 35.07% | 12.77% | 9.13% |
| Large Cap Equity | Schwab<sup>®</sup> S&P 500 Index Portfolio+ <br>*Adviser: Charles Schwab Investment* <br> *Management Inc.*<br>| 0.03% | 17.83% | 14.38% | 14.75% |
| Large Cap Equity | T. Rowe Price Blue Chip Growth <br> Portfolio<br>*Adviser: T. Rowe Price Associates, Inc.* <br> *("T. Rowe Price")*<br>| 0.75% | 18.74% | 11.68% | 15.54% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **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** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| International/Global Equity | T. Rowe Price International Stock <br> Portfolio<br>*Adviser: T. Rowe Price* <br>| 0.95% | 18.41% | 3.92% | 7.10% |
| Asset Allocation | Thrivent Aggressive Allocation Portfolio<br>*Adviser: Thrivent Financial for* <br> *Lutherans ("Thrivent")*<br>| 0.85% | 15.81% | 9.61% | 11.26% |
| Asset Allocation  | Thrivent Conservative Allocation <br> Portfolio<br>*Adviser: Thrivent*<br>| 0.50% | 10.17% | 4.03% | 5.42% |
| International/Global Equity | Thrivent Global Stock Portfolio<br>*Adviser: Thrivent*<br>| 0.60% | 20.82% | 10.69% | 10.67% |
| Large Cap Equity | Thrivent Large Cap Growth Portfolio<br>*Adviser: Thrivent*<br>| 0.43% | 16.95% | 12.89% | 16.35% |
| Small/Mid Cap Equity | Thrivent Mid Cap Index Portfolio<br>*Adviser: Thrivent*<br>| 0.25% | 7.23% | 8.86% | 10.46% |
| Small/Mid Cap Equity | Thrivent Mid Cap Stock Portfolio<br>*Adviser: Thrivent*<br>| 0.66% | 4.43% | 6.86% | 11.30% |
| Small/Mid Cap Equity | Thrivent Small Cap Index Portfolio<br>*Adviser: Thrivent*<br>| 0.24% | 5.80% | 7.06% | 9.57% |
| Large Cap Equity | Voya Growth and Income <br> Portfolio–Class I<br>*Adviser: Voya Investments, LLC* <br> *("Voya") / Sub-Adviser: Voya* <br> *Investment Management Co. LLC* <br> *("VIM")*<br>| 0.67% | 18.21% | 15.46% | 14.62% |
| Non-Investment Grade Bond | Voya High Yield Portfolio–Class I<br>*Adviser: Voya / Sub-Adviser: VIM*<br>| 0.48% | 8.80% | 3.92% | 5.82% |
| Asset Allocation | Voya Index Solution 2030 <br> Portfolio–Class Z<br>*Adviser: Voya / Sub-Adviser: VIM*<br>| 0.17% | 15.44% | 6.80% | 8.59% |
| Asset Allocation | Voya Index Solution 2040 <br> Portfolio–Class Z<br>*Adviser: Voya / Sub-Adviser: VIM*<br>| 0.16% | 18.91% | 9.05% | 10.33% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **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** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Asset Allocation | Voya Index Solution 2050 <br> Portfolio–Class Z<br>*Adviser: Voya / Sub-Adviser: VIM*<br>| 0.17% | 20.70% | 10.14% | 10.97% |
| Investment Grade Bond | Voya Intermediate Bond <br> Portfolio—Class I<br>*Adviser: Voya / Sub-Adviser: VIM*<br>| 0.55% | 7.71% | 0.15% | 2.66% |
| Investment Grade Bond  | Voya Limited Maturity Bond <br> Portfolio–Class I<br>*Adviser: Voya / Sub-Adviser: VIM*<br>| 0.28% | 5.69% | 2.13% | 2.27% |
| Small/Mid Cap Equity | Voya MidCap Opportunities <br> Portfolio–Class I<br>*Adviser: Voya / Sub-Adviser: VIM*<br>| 0.82% | 3.90% | 4.55% | 10.97% |
| Small/Mid Cap Equity | Voya Russell<sup>TM</sup> Mid Cap Index <br> Portfolio–Class I<br>*Adviser: Voya / Sub-Adviser: VIM*<br>| 0.40% | 10.08% | 8.26% | 10.59% |
| Small/Mid Cap Equity | Voya Small Company Portfolio–Class I<br>*Adviser:* Voya */ Sub-Adviser: VIM*<br>| 0.87% | 8.59% | 6.26% | 8.39% |
| Small/Mid Cap Equity | VY<sup>®</sup> JPMorgan Mid Cap Value <br> Portfolio–Class I<br>*Adviser: Voya / Sub-Adviser: JPMIM*<br>| 0.85% | 4.63% | 9.53% | 8.75% |
| Small/Mid Cap Equity | VY<sup>®</sup> JPMorgan Small Cap Core Equity <br> Portfolio–Class I<br>*Adviser: Voya / Sub-Adviser: JPMIM*<br>| 0.89% | 3.86% | 4.89% | 9.04% |
| International/Global Equity | VY<sup>®</sup> Morgan Stanley Global Franchise <br> Portfolio–Class R6<br>*Adviser: Voya / Sub-Adviser: MSIM*<br>| 0.89% | 0.33% | 5.06% | N/A |
| Asset Allocation | VY<sup>®</sup> T. Rowe Price Capital Appreciation <br> Portfolio–Class I<br>*Adviser: Voya / Sub-Adviser: T. Rowe* <br> *Price Investment Management*<br>| 0.65% | 12.32% | 9.49% | 11.32% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **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** | **Eligible Portfolio and** <br> **Advisers/Sub-Adviser** | **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Investment Grade Bond | Western Asset Core Plus VIT <br> Portfolio–Class I\*<br>*Adviser: FTFA / Sub-Advisers: Western* <br> *Asset Management Company Limited,* <br> *Western Asset Management Company,* <br> *LLC, Western Asset Management* <br> *Company Ltd., and Western Asset* <br> *Management Company Pte. Ltd.*<br>| 0.54% | 7.75% | (1.44%) | 2.11% |
| Investment Grade Bond | Western Asset Long Credit VIT <br> Portfolio–Class I\*\*<br>*Adviser: FTFA / Sub-Advisers: Western* <br> *Asset Management Company Limited,* <br> *Western Asset Management Company,* <br> *LLC, Western Asset Management* <br> *Company Ltd., and Western Asset* <br> *Management Company Pte. Ltd.*<br>| 0.41% | 8.59% | N/A | N/A |

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<sup>+</sup>

Only available with corporate-owned Policies.

\*

Premiums or transfers will only be accepted into this Investment Division from policyowners already invested in this Investment Division. Policyowners who remove all Cash Value allocations from this Investment Division will not be permitted to reinvest in this Investment Division

\*\*

No Premiums or transfers will be accepted into this Investment Division. Policyowners who remove any Cash Value allocations from this Investment Division will not be permitted to reinvest in this Investment Division.

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This Summary Prospectus incorporates by reference the New York Life Insurance and Annuity Corporation CorpExec VUL Plus full (statutory) prospectus and Statement of Additional Information (SAI), both dated May 1, 2026, as amended or supplemented. The full prospectus and SAI for the policy may be obtained, free of charge, in any manner shown on the front page of this summary prospectus.

EDGAR ID: C000214972

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