# EDGAR Filing Document

**Accession Number:** 0000843075
**File Stem:** 0001193125-26-180957
**Filing Date:** 2026-4
**Character Count:** 88349
**Document Hash:** 4ec40d010ab4c09bfd27985d364d8760
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-180957.hdr.sgml**: 20260427

**ACCESSION NUMBER**: 0001193125-26-180957

**CONFORMED SUBMISSION TYPE**: 497VPI

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260427

**DATE AS OF CHANGE**: 20260427

**EFFECTIVENESS DATE**: 20260427

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NATIONWIDE VARIABLE ACCOUNT 4
- **CENTRAL INDEX KEY:** 0000843075

**ORGANIZATION NAME:**
- **EIN:** 314156830
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497VPI
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-201820
- **FILM NUMBER:** 26898719

**BUSINESS ADDRESS:**
- **STREET 1:** ONE NATIONWIDE PLZ
- **STREET 2:** NATIONWIDE LIFE INSURANCE CO
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43216-6609
- **BUSINESS PHONE:** 614-249-7111

**MAIL ADDRESS:**
- **STREET 1:** NATIONWIDE LIFE INSURANCE CO
- **STREET 2:** ONE NATIONWIDE PLAZA
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43216-6609

## Series and Classes Contracts Data

### NATIONWIDE VARIABLE ACCOUNT-4 (Series ID: S000009060)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000154397 | Nationwide Destination SM Freedom+ |  |

**Nationwide Destination Freedom+**<sup>SM</sup>

**Individual Flexible Premium Deferred Variable Annuity Contracts**

Issued by

**Nationwide Life Insurance Company**

through its

**Nationwide Variable Account-4**

**Summary Prospectus for New Investors**

May 1, 2026

This summary prospectus summarizes key features of the contract. **Not all benefits and features are available in all states. Check the statutory prospectus for information relating to state availability.** 

Before you invest, you should also review the statutory prospectus for the contract, which contains more information about the contract's features, benefits, and risks. You can find this document and other information about the contract online at https://nationwide.onlineprospectus.net/NW/C000154397NW/index.php?ctype=product_prospectus. You can also obtain this information at no cost by calling 1-800-848-6331 or by sending an email request to FLSS@nationwide.com.

Variable annuities are complex investment products and involve risks, including the potential loss of principal. The contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash. Withdrawals under the contract could result in Contingent Deferred Sales Charges, taxes, and tax penalties.

**Under state insurance laws, Contract Owners have the right, during a limited period of time, to examine their contract and decide if they want to keep it or cancel it. This right is referred to as a "free look" right. The length of this time period depends on state law and may vary depending on whether the purchase is a replacement of another annuity contract. For ease of administration, Nationwide will honor any free look cancellation request that is in good order and received at the Service Center or postmarked within 30 days after the contract issue date (see *Right to Examine and Cancel* and *Contacting the Service Center* in the statutory prospectus).**

**If the Contract Owner elects to cancel the contract pursuant to the free look provision, where required by law, Nationwide will return the greater of the Contract Value or the amount of purchase payment(s) applied during the free look period, less any withdrawals from the contract, and applicable federal and state income tax withholding. Otherwise, Nationwide will return the Contract Value, less any withdrawals from the contract, and applicable federal and state income tax withholding (see *Right to Examine and Cancel* in the statutory prospectus).**

All guarantees under the contract are subject to Nationwide's creditworthiness and claims-paying ability.

You should review the statutory prospectus, or consult with your financial professional, for additional information about the specific cancellation terms that apply.

Additional information about certain investment products, including variable annuities, has been prepared by the SEC's staff and is available at Investor.gov.

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**Table of Contents**

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

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| | |
|:---|:---|
|  | **Page** |
| **[Glossary of Special Terms](#xx_45eed948-0ddb-417c-9cf8-5e04de99895f_1)** | &nbsp;&nbsp; 3<br>|
| **[Overview of the Contract](#xx_eda239bf-34ed-4265-9c1b-d5688c9f65ef_1)** | &nbsp;&nbsp; 4<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Purpose of the Contract](#xx_eda239bf-34ed-4265-9c1b-d5688c9f65ef_1) | &nbsp;&nbsp; 4<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Phases of the Contract](#xx_eda239bf-34ed-4265-9c1b-d5688c9f65ef_1) | &nbsp;&nbsp; 4<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Contract Features](#xx_eda239bf-34ed-4265-9c1b-d5688c9f65ef_1) | &nbsp;&nbsp; 4<br>|
| **[Important Information You Should Consider About the Contract](#xx_51a52e49-0586-4712-8aa4-2c34f4a95622_1)** | &nbsp;&nbsp; 6<br>|
| **[Benefits Under the Contract](#xx_51a52e49-0586-4712-8aa4-2c34f4a95622_3)** | &nbsp;&nbsp; 8<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Standard Benefits Table](#xx_51a52e49-0586-4712-8aa4-2c34f4a95622_3) | &nbsp;&nbsp; 8<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Optional Benefits Table](#xx_51a52e49-0586-4712-8aa4-2c34f4a95622_3) | &nbsp;&nbsp; 8<br>|
| **[Buying the Contract](#xx_51a52e49-0586-4712-8aa4-2c34f4a95622_5)** | &nbsp;&nbsp; 10<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Minimum Initial and Subsequent Purchase Payments](#xx_51a52e49-0586-4712-8aa4-2c34f4a95622_5) | &nbsp;&nbsp; 10<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Dollar Limit Restrictions](#xx_51a52e49-0586-4712-8aa4-2c34f4a95622_6) | &nbsp;&nbsp; 11<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Application of Purchase Payments](#xx_51a52e49-0586-4712-8aa4-2c34f4a95622_6) | &nbsp;&nbsp; 11<br>|
| **[Making Withdrawals: Accessing the Money in Your Contract](#xx_51a52e49-0586-4712-8aa4-2c34f4a95622_6)** | &nbsp;&nbsp; 11<br>|
| **[Additional Information About Fees](#xx_c15d38c1-f674-4759-911b-0388ff207845_1)** | &nbsp;&nbsp; 13<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; [Example](#xx_c15d38c1-f674-4759-911b-0388ff207845_2) | &nbsp;&nbsp; 14<br>|
| **[Appendix: Investment Options Available Under the Contract](#xx_17f7fe22-e3b2-443f-8f72-d668264657b2_1)** | &nbsp;&nbsp; 15 |

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**Glossary of Special Terms** 

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| |
|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; **Accumulation Unit** – An accounting unit of measure used to calculate the Contract Value allocated to the Variable <br> Account before the Annuitization Date.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Annuitant** – The person(s) whose length of life determines how long annuity payments are paid. The Annuitant must <br> be living on the date the contract is issued.<br>|
| **Annuitization Date** – The date on which annuity payments begin. |
| **Charitable Remainder Trust** – A trust meeting the requirements of Section 664 of the Internal Revenue Code. |
| &nbsp;&nbsp;&nbsp;&nbsp; **Co-Annuitant** – The person designated by the Contract Owner to receive the benefit associated with the Spousal <br> Protection Feature.<br>|
| **Contract Anniversary** – Each recurring one-year anniversary of the date the contract was issued. |
| **Contract Owner(s)** – The person(s) who owns all rights under the contract.  |
| **Contract Value** – The value of all Accumulation Units in a contract. |
| **Contract Year** – Each year the contract is in force beginning with the date the contract is issued. |
| &nbsp;&nbsp;&nbsp;&nbsp; **Daily Net Assets** – A figure that is calculated at the end of each Valuation Date and represents the sum of all the <br> Contract Owners interests in the Sub-Accounts after the deduction of underlying mutual fund expenses.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Individual Retirement Annuity or IRA** – An annuity contract that qualifies for favorable tax treatment under Section <br> 408(b) of the Internal Revenue Code, but does not include Roth IRAs or Simple IRAs.<br>|
| **Nationwide** – Nationwide Life Insurance Company.  |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Asset Value** – The value of one share of an underlying mutual fund at the close of regular trading on the New <br> York Stock Exchange.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Roth IRA** – An annuity contract that qualifies for favorable tax treatment under Section 408A of the Internal Revenue <br> Code.<br>|
| **SEC** – Securities and Exchange Commission. |
| &nbsp;&nbsp;&nbsp;&nbsp; **SEP IRA** – An annuity contract which qualifies for favorable tax treatment under Section 408(k) of the Internal <br> Revenue Code.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Service Center** – The department of Nationwide responsible for receiving all service and transaction requests relating <br> to the contract. For service and transaction requests submitted other than by telephone (including fax requests), the <br> Service Center is Nationwide's mail and document processing facility. For service and transaction requests <br> communicated by telephone, the Service Center is Nationwide's operations processing facility. Information on how to <br> contact the Service Center is in the *Contacting the Service Center* provision in the statutory prospectus.<br>|
| **Sub-Accounts** – Divisions of the Variable Account, each of which invests in a single underlying mutual fund. |
| &nbsp;&nbsp;&nbsp;&nbsp; **Tax Sheltered Annuity** – An annuity that qualifies for favorable tax treatment under Section 403(b) of the Internal <br> Revenue Code. <br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Valuation Date** – Each day the New York Stock Exchange is open for business or any other day during which there is <br> a sufficient degree of trading such that the current Net Asset Value of the underlying mutual fund shares might be <br> materially affected. Values of the Variable Account are determined as of the close of regular trading on the New <br> York Stock Exchange, which generally closes at 4:00 p.m. EST.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Valuation Period** – The period of time commencing at the close of a Valuation Date and ending at the close of <br> regular trading on the New York Stock Exchange for the next succeeding Valuation Date.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; **Variable Account** – Nationwide Variable Account-4, a separate account that Nationwide established to hold Contract <br> Owner assets allocated to variable investment options. The Variable Account is divided into Sub-Accounts, each of <br> which invests in a separate underlying mutual fund.<br>|

---

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**Overview of the Contract**

**Purpose of the Contract**

The contract is intended to be a long-term investment vehicle to assist investors in saving for and living in retirement. Nationwide has designed the contract to offer features, pricing, and investment options that encourage long-term ownership. The contract can help supplement retirement income through the annuitization feature, which provides a stream of periodic income payments. During the years leading up to those income payments, the Contract Owner manages his/her assets in the contract according to their specific goals and risk preferences by directing the allocation and reallocation among a variety of investment options. Contract growth is tax-deferred, meaning that gains in the contract are not taxable until withdrawn from the contract. Finally, in the event that the Annuitant dies before beginning income payments, the contract offers a death benefit.

Prospective purchasers should consult with a financial professional to determine whether this contract is appropriate for them, taking into consideration their particular needs, including investment objectives, risk tolerance, investment time horizon, marital status, tax situation, and other personal characteristics. Generally speaking, this contract is intended to provide benefits to a single individual and his/her beneficiaries. The contract is not intended to be used by institutional investors, in connection with other Nationwide contracts that have the same Annuitant, or in connection with other Nationwide contracts that have different Annuitants but the same Contract Owner. It is not intended to be sold to a terminally ill Contract Owner or Annuitant.

**Phases of the Contract**

The contract exists in two separate phases: accumulation (savings) and annuitization (income). During the accumulation phase, the contract offers a variety of investment options to which the Contract Owner can allocate and reallocate his/her Contract Value. The investment options available under the contract consist of Sub-Accounts that invest in underlying mutual funds, which offer a variable rate of return. **Additional information about the underlying mutual funds is available in *Appendix: Investment Options Available Under the Contract*.**

During the annuitization phase, Nationwide makes periodic income payments to the Annuitant. At the time of annuitization, the Contract Owner elects the duration of the annuity payments – either for a fixed period of time or for the duration of the Annuitant's (and possibly the Annuitant's spouse's) life. The Contract Owner also elects whether the annuity payments will be fixed or variable. If variable annuity payments are elected, the Annuitant controls the allocation/reallocation of annuitized assets among the available Sub-Accounts. After annuitization begins, the only value associated with the contract is the stream of annuity payments; unless otherwise specified in the annuity option, amounts cannot be withdrawn from the contract over and above the annuity payments. Additionally, once annuitization has begun, there is no death benefit, which means that upon the death of the Annuitant (and the Annuitant's spouse if a joint annuity option was elected), all payments stop and the contract terminates, unless the particular annuitization option provides otherwise.

**Contract Features**

**Investment Options.** Contract Owners can allocate Contract Value to Sub-Accounts that invest in underlying mutual funds. Contract Owners can reallocate those assets at their discretion, subject to certain restrictions.

**Deposits to the Contract.** Contract Owners can apply additional purchase payments to the contract until the Annuitization Date, subject to certain restrictions.

**Withdrawals from the Contract.** Contract Owners can withdraw some or all of their Contract Value at any time prior to annuitization, subject to certain restrictions. A CDSC may apply. After annuitization, withdrawals other than annuity payments are not permitted.

**Death Benefit.** During the accumulation phase, the contract contains a standard death benefit (the Contract Value) at no additional charge.

**Optional Death Benefits.** Several death benefit options are available for an additional charge, which may provide a greater death benefit than the standard death benefit. Those options are:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Return of Premium Enhanced Death Benefit Option

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Highest Anniversary Enhanced Death Benefit Option

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**Spousal Protection Feature.** The death benefit options contain the Spousal Protection Feature, which allows a surviving spouse to continue the contract while receiving the economic benefit of the death benefit upon the death of the other spouse, subject to certain conditions.

**CDSC Options.** The CDSC option is available for an additional charge, whereby Nationwide will waive or reduce the standard CDSC schedule. The CDSC option is:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• No CDSC Option ("C Schedule Option")

**Terminal Illness Surrender Benefit.** The contract offers an Enhanced Surrender Value for Terminal Illness feature at no additional charge. Under this feature, if after the first Contract Anniversary, the Contract Owner/Annuitant (or Co-Annuitant, if applicable) is terminally ill and the Contract Owner fully surrenders the Contract, Nationwide will pay the Contract Value plus any additional amount necessary to equal an optional death benefit, subject to certain conditions.

**Annuity Payments.** On the Annuitization Date, Nationwide will make annuity payments based on the annuity payment option chosen prior to annuitization.

**Tax Deferral.** Generally, Contract Owners will not be taxed on any earnings on the assets in the contract until such earnings are distributed from the contract. How each contract's distributions are taxed depends on the type of contract issued. Note that if this contract is issued in connection with a plan that qualifies for special income tax treatment under the Code, the contract does not provide additional tax deferral benefits (see *Appendix C: Contract Types and Tax Information* in the statutory prospectus).

**Cancellation of the Contract.** Under state insurance laws, Contract Owners have the right, during a limited period of time, to examine their contract and decide if they want to keep it or cancel it. Nationwide will honor any free look cancellation request that is in good order and received at the Service Center or postmarked within 30 days after the contract issue date (see *Right to Examine and Cancel* and *Contacting the Service Center* in the statutory prospectus).

**Contract Owner Services.** The contract offers several services at no additional charge to assist Contract Owners in managing their contract, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Asset Rebalancing

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Dollar Cost Averaging

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Systematic Withdrawals

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Nationwide Guided Portfolio Strategies

------

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

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| | |
|:---|:---|
| **FEES, EXPENSES, AND ADJUSTMENTS**<br> (see *Additional Information About Fees* later in this summary prospectus and *Charges and Adjustments* in the statutory <br> prospectus) | **FEES, EXPENSES, AND ADJUSTMENTS**<br> (see *Additional Information About Fees* later in this summary prospectus and *Charges and Adjustments* in the statutory <br> prospectus) |
| **Are There Charges or** <br> **Adjustments for Early** <br> **Withdrawals?**<br>| &nbsp;&nbsp; **Yes.** If the Contract Owner withdraws money from the contract within 5 years following <br> his/her last purchase payment, a Contingent Deferred Sales Charge (or "CDSC") may <br> apply (see *Contingent Deferred Sales Charge* in the statutory prospectus). The CDSC will <br> not exceed 7% of the amount of purchase payments withdrawn, declining to 0% over 5 <br> years.<br> For example, for a contract with a $100,000 investment, a withdrawal taken during the <br> CDSC period could result in a CDSC of up to $7,000. This loss will be greater if there are <br> taxes or tax penalties. |
| **Are There Ongoing Fees** <br> **and Expenses?** | &nbsp;&nbsp; **Yes.** The table below describes the fees and expenses that you may pay *each year*, <br> depending on the investment options and optional benefits chosen. Please refer to your <br> contract specifications page for information about the specific fees you will pay each year <br> based on the options you have elected. |
| **Are There Ongoing Fees** <br> **and Expenses?** | **Annual Fee** |
| **Are There Ongoing Fees** <br> **and Expenses?** | Base Contract<br>1.00%<sup>1</sup> <br>1.05%<sup>1</sup> <br>|
| **Are There Ongoing Fees** <br> **and Expenses?** | Underlying mutual fund fees and expenses<br>0.31%<sup>2</sup> <br>3.48%<sup>2</sup> <br>|
| **Are There Ongoing Fees** <br> **and Expenses?** | &nbsp;&nbsp; Optional benefits available for an additional <br> charge (for a single optional benefit, if elected)<br>0.20%<sup>1</sup> <br>0.35%<sup>1</sup> <br>|
| **Are There Ongoing Fees** <br> **and Expenses?** | &nbsp;&nbsp; <sup>1</sup> As a percentage of Daily Net Assets, plus a percentage attributable to the Contract <br> Maintenance Charge.<br> <sup>2</sup> As a percentage of underlying mutual fund net assets. |
| **Are There Ongoing Fees** <br> **and Expenses?** | &nbsp;&nbsp; Because each contract is customizable, the options elected affect how much each <br> Contract Owner will pay. To help you understand the cost of owning the contract, the <br> following table shows the lowest and highest cost a Contract Owner could pay *each year*, <br> based on current charges. This estimate assumes that no withdrawals are taken from the <br> contract, **which could add a CDSC that substantially increases costs**. |
| **Are There Ongoing Fees** <br> **and Expenses?** | &nbsp;&nbsp; **Lowest Annual Cost Estimate:**<br> **$1,235.41** <br>|
| **Are There Ongoing Fees** <br> **and Expenses?** | &nbsp;&nbsp;&nbsp; Assumes: <br> ● Investment of $100,000 <br> ● 5% annual appreciation<br> ● Least expensive underlying mutual fund fees <br> and expenses <br> ● No optional benefits <br> ● No CDSC <br> ● No additional purchase payments, transfers or <br> withdrawals<br>|

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

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| | |
|:---|:---|
| **RISKS** | **RISKS** |
| **Is There a Risk of Loss** <br> **from Poor Performance?**<br>| &nbsp;&nbsp; **Yes.** Contract Owners of variable annuities can lose money by investing in the contract, <br> including loss of principal (see *Principal Risks* in the statutory prospectus). <br>|
| **Is this a Short-Term** <br> **Investment?**<br>| &nbsp;&nbsp; **No.**The contract is not a short-term investment and is not appropriate for an investor who <br> needs ready access to cash. Nationwide has designed the contract to offer features, <br> pricing, and investment options that encourage long-term ownership (see *Principal Risks* in <br> the statutory prospectus). <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> A CDSC may apply for up to 5 years following the last purchase payment and could reduce <br> the value of the contract if purchase payments are withdrawn during that time (see <br> *Contingent Deferred Sales Charge* in the statutory prospectus). The benefits of tax <br> deferral also mean that the contract is more beneficial to investors with a long time horizon <br> (see *Principal Risks* in the statutory prospectus). <br>|

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| | |
|:---|:---|
| **RISKS** | **RISKS** |
| **What Are the Risks** <br> **Associated with the** <br> **Investment Options?**<br>| &nbsp;&nbsp;&nbsp; ● Investment in this contract is subject to the risk of poor investment performance. <br> Investment experience can vary depending on the investment options selected by the <br> Contract Owner.<br> ● Each investment option has its own unique risks.<br> ● Review the prospectuses and disclosures for the investment options before making an <br> investment decision. <br> See *Principal Risks* in the statutory prospectus*.*<br>|
| **What Are the Risks** <br> **Related to the Insurance** <br> **Company?**<br>| &nbsp;&nbsp; Investment in the contract is subject to the risks associated with Nationwide, including that <br> any obligations, guarantees, or benefits are subject to the claims-paying ability of <br> Nationwide. More information about Nationwide, including its financial strength ratings, is <br> available by contacting Nationwide at the address and/or toll-free phone number indicated <br> in *Contacting the Service Center* (see *Principal Risks* in the statutory prospectus). <br>|
| **RESTRICTIONS** | **RESTRICTIONS** |
| **Are There Restrictions** <br> **on the Investment** <br> **Options?**<br>| &nbsp;&nbsp;&nbsp; **Yes.**<br> ● Nationwide reserves the right to add, remove, and substitute investment options <br> available under the contract (see *The Sub-Accounts and Underlying Mutual Funds* in the <br> statutory prospectus).<br> ● Transfers between Sub-Accounts are subject to policies designed to deter short-term <br> and excessively frequent transfers. Nationwide may restrict the form in which transfer <br> requests will be accepted (see *Transfer Restrictions* in the statutory prospectus).<br> ● The availability of investment options may vary depending on the broker-dealer through <br> which the contract is sold (see *Appendix E: Financial Intermediary Variations* in the <br> statutory prospectus).<br>|
| **Are There any** <br> **Restrictions on Contract** <br> **Benefits?**<br>| &nbsp;&nbsp;&nbsp; **Yes.**<br> ● Nationwide reserves the right to discontinue offering any optional benefit. Such a <br> discontinuance will only apply to new contracts and will not impact any contracts already <br> in force.<br> ● The availability of certain optional benefits may vary by state.<br> ● The availability of contract benefits may vary depending on the broker-dealer through <br> which the contract is sold (see *Appendix E: Financial Intermediary Variations* in the <br> statutory prospectus).<br> See *Benefits Under the Contract* in the statutory prospectus.<br>|
| **TAXES** | **TAXES** |
| **What Are the Contract's** <br> **Tax Implications?**<br>| &nbsp;&nbsp;&nbsp; ● Consult with a tax professional to determine the tax implications of an investment in and <br> payments received under this contract.<br> ● Earnings in the contract are taxed at ordinary income tax rates at the time of <br> withdrawals and there may be a tax penalty if withdrawals are taken before the Contract <br> Owner reaches age 59½. <br> See *Appendix C: Contract Types and Tax Information* in the statutory prospectus*.*<br>|
| **CONFLICTS OF INTEREST** | **CONFLICTS OF INTEREST** |
| **How Are Investment** <br> **Professionals** <br> **Compensated?**<br>| &nbsp;&nbsp; Some financial professionals receive compensation for selling the contract. Compensation <br> can take the form of commissions and other indirect compensation in that Nationwide may <br> share the revenue it earns on this contract with the financial professional's firm. This <br> conflict of interest may influence a financial professional, as these financial professionals <br> may have a financial incentive to offer or recommend this contract over another investment <br> (see *Distribution, Promotional, and Sales Expenses* in the statutory prospectus).<br>|
| **Should I Exchange My** <br> **Contract?**<br>| &nbsp;&nbsp; Some financial professionals may have a financial incentive to offer an investor a new <br> contract in place of the one he/she already owns. An investor should only exchange his/her <br> contract if he/she determines, after comparing the features, fees, and risks of both <br> contracts, and any fees or penalties to terminate the existing contract, that it is preferable <br> for him/her to purchase the new contract, rather than to continue to own the existing one <br> (see *Replacements* and *Distribution, Promotional, and Sales Expenses* in the statutory <br> prospectus).<br>|

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**Benefits Under the Contract**

**The following tables summarize information about the benefits under the contract.** The Standard Benefits table indicates the benefits that are available under the contract and for which there is no additional charge. The Optional Benefits table indicates the benefits that are available under the contract that are optional – they must be affirmatively elected by the applicant and may have an additional charge. The availability of contract benefits may vary depending on the broker-dealer through which the contract is sold (see *Appendix E: Financial Intermediary Variations* in the statutory prospectus).

**Standard Benefits Table** 

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| | | | |
|:---|:---|:---|:---|
| **Name of Benefit** | **Purpose** | **Maximum** <br> **Fee**<br>| **Brief Description of Restrictions/Limitations** |
| Standard Death Benefit | Death benefit upon <br> death of Annuitant prior <br> to Annuitization<br>|  | &nbsp;&nbsp;&nbsp; ● Nationwide may limit purchase payments to <br> $1,000,000<br>|
| Enhanced Surrender <br> Value for Terminal <br> Illness<br>| Early payment of death <br> benefit (applicable to <br> optional death benefits)<br>|  | &nbsp;&nbsp;&nbsp; ● Benefit is available after the first Contract <br> Anniversary<br> ● Annuitant (or Co-annuitant) must be terminally ill<br> ● Requires full surrender of the contract<br> ● Restrictions exist on the parties named to the <br> contract<br>|
| Asset Rebalancing (see <br> *Contract Owner* <br> *Services* in the statutory <br> prospectus)<br>| Automatic reallocation <br> of assets on a <br> predetermined <br> percentage basis<br>|  |  |
| Dollar Cost Averaging <br> (see *Contract Owner* <br> *Services* in the statutory <br> prospectus)<br>| Long-term transfer <br> program involving <br> automatic transfer of <br> assets<br>|  |  |
| Systematic Withdrawals <br> (see *Contract Owner* <br> *Services* in the statutory <br> prospectus)<br>| Automatic withdrawals <br> of Contract Value on a <br> periodic basis<br>|  | ● Withdrawals must be at least $100 each |
| Nationwide Guided <br> Portfolio Strategies<br>| Preset asset allocation <br> models<br>|  | &nbsp;&nbsp;&nbsp; ● The entire Contract Value must be allocated to the <br> elected GPS<br>|

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**Optional Benefits Table** 

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| | | | | |
|:---|:---|:---|:---|:---|
| **Name of Benefit** | **Purpose** | **Maximum** <br> **Fee**<br>| **Current Fee** | **Brief Description of Restrictions/**<br> **Limitations**<br>|
| No CDSC Option ("C <br> Schedule Option")<br>| Removal of standard <br> CDSC schedule<br>| 0.35% (Daily <br> Net Assets)<br>| 0.35% (Daily <br> Net Assets)<br>| ● Must be elected at application <br> ● Election is irrevocable<br>|

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| | | | | |
|:---|:---|:---|:---|:---|
| **Name of Benefit** | **Purpose** | **Maximum** <br> **Fee**<br>| **Current Fee** | **Brief Description of Restrictions/**<br> **Limitations**<br>|
| Highest Anniversary <br> Enhanced Death <br> Benefit Option<br>| Enhanced death benefit | 0.30% (Daily <br> Net Assets)<br>| 0.30% (Daily <br> Net Assets)<br>| &nbsp;&nbsp;&nbsp; ● Limited availability<br> ● Annuitant must be 75 or younger at <br> application<br> ● May not be elected if another death <br> benefit option is elected<br> ● Must be elected at application<br> ● Election is irrevocable<br> ● Certain ownership changes and <br> assignments could reduce the death <br> benefit<br> ● Nationwide may limit purchase <br> payments to $1,000,000<br> ● Death benefit calculation is adjusted <br> if purchase payments exceed <br> $3,000,000<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Spousal Protection Feature:<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ● Not applicable to Charitable <br> Remainder Trusts<br> ● One or both spouses (or a revocable <br> trust of which either or both of the <br> spouses is/are grantor(s)) must be <br> named as the Contract Owner<br> ● For contracts issued as an IRA or <br> Roth IRA, only the person for whom <br> the IRA or Roth IRA was established <br> may be named as the Contract <br> Owner<br> ● Only available to Contract Owner's <br> spouse<br> ● Spouses must be Co-Annuitants<br> ● Both spouses must be 75 or younger <br> at contract issuance<br> ● Spouses must be named as <br> beneficiaries<br> ● No other person may be named as <br> Contract Owner, Annuitant, or <br> primary beneficiary<br> ● Benefit is forfeited if certain changes <br> to the parties or assignments are <br> made<br>|

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| | | | | |
|:---|:---|:---|:---|:---|
| **Name of Benefit** | **Purpose** | **Maximum** <br> **Fee**<br>| **Current Fee** | **Brief Description of Restrictions/**<br> **Limitations**<br>|
| Return of Premium <br> Enhanced Death <br> Benefit Option<br>| Enhanced death benefit | 0.20% (Daily <br> Net Assets)<br>| 0.20% (Daily <br> Net Assets)<br>| &nbsp;&nbsp;&nbsp; ● Limited availability<br> ● Annuitant must be 75 or younger at <br> application<br> ● May not be elected if another death <br> benefit option is elected<br> ● Must be elected at application<br> ● Election is irrevocable<br> ● Certain ownership changes and <br> assignments could reduce the death <br> benefit<br> ● Nationwide may limit purchase <br> payments to $1,000,000<br> ● Death benefit calculation is adjusted <br> if purchase payments exceed <br> $3,000,000<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Spousal Protection Feature:<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ● Not applicable to Charitable <br> Remainder Trusts<br> ● One or both spouses (or a revocable <br> trust of which either or both of the <br> spouses is/are grantor(s)) must be <br> named as the Contract Owner<br> ● For contracts issued as an IRA or <br> Roth IRA, only the person for whom <br> the IRA or Roth IRA was established <br> may be named as the Contract <br> Owner<br> ● Only available to Contract Owner's <br> spouse<br> ● Spouses must be Co-Annuitants<br> ● Both spouses must be 75 or younger <br> at contract issuance<br> ● Spouses must be named as <br> beneficiaries<br> ● No other person may be named as <br> Contract Owner, Annuitant, or <br> primary beneficiary<br> ● Benefit is forfeited if certain changes <br> to the parties or assignments are <br> made<br>|

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**Buying the Contract**

**Minimum Initial and Subsequent Purchase Payments**

All purchase payments must be paid in the currency of the United States of America. The minimum initial purchase payment is $10,000. A Contract Owner will meet the minimum initial purchase payment requirement if purchase payments equal to the required minimum are made over the course of the first Contract Year. The minimum subsequent purchase payment is $500. However, for subsequent purchase payments sent via electronic deposit, the minimum subsequent purchase payment is $50.

Some states have different minimum initial and subsequent purchase payment amounts, and subsequent purchase payments may not be permitted in all states. See *Appendix B: State Variations* in the statutory prospectus for information on initial and subsequent purchase payment requirements in a particular state.

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**Nationwide reserves the right to refuse any purchase payment that would result in the cumulative total for all contracts issued by Nationwide or its affiliates or subsidiaries on the life of any one Annuitant or owned by any one Contract Owner to exceed $1,000,000.** Its decision as to whether or not to accept a purchase payment in excess of that amount will be based on one or more factors, including, but not limited to: age, spouse age (if applicable), Annuitant age, state of issue, total purchase payments, optional benefits elected, current market conditions, and current hedging costs. All such decisions will be based on internally established actuarial guidelines and will be applied in a non-discriminatory manner. In the event that Nationwide does not accept a purchase payment under these guidelines, the purchase payment will be immediately returned in its entirety in the same manner as it was received. If Nationwide accepts the purchase payment, it will be applied to the contract immediately and will receive the next calculated Accumulation Unit value. Any references in this prospectus to purchase payment amounts in excess of $1,000,000 are assumed to have been approved by Nationwide.

Nationwide prohibits subsequent purchase payments made after death of the Contract Owner(s), the Annuitant, or Co-Annuitant. If upon notification of death of the Contract Owner(s), the Annuitant, or Co-Annuitant, it is determined that death occurred prior to a subsequent purchase payment being made, Nationwide reserves the right to return the purchase payment.

**Dollar Limit Restrictions**

Certain features of the contract have additional purchase payment and/or Contract Value limitations associated with them:

*Annuitization.* Annuity payment options will be limited if the Contract Owner submits total purchase payments in excess of $2,000,000. Furthermore, if the amount to be annuitized is greater than $5,000,000, Nationwide may limit both the amount that can be annuitized on a single life and the annuity payment options (see *Annuity Payment Options* in the statutory prospectus).

*Death Benefit Calculations.* Purchase payments up to $3,000,000 may result in a higher death benefit payment than purchase payments in excess of $3,000,000 (see *Death Benefit Calculations* in the statutory prospectus).

**Application of Purchase Payments**

***Initial Purchase Payments***

Initial purchase payments will be priced at the Accumulation Unit value next determined no later than two business days after receipt of an order to purchase if the application and all necessary information are complete and are received at the Service Center before the close of regular trading on the New York Stock Exchange, which generally occurs at 4:00 p.m. EST. If the order is received after the close of regular trading on the New York Stock Exchange, the initial purchase payment will be priced within two business days after the next Valuation Date.

If an incomplete application is not completed within five business days after receipt at the Service Center, the prospective purchaser will be informed of the reason for the delay. The purchase payment will be returned unless the prospective purchaser specifically consents to allow Nationwide to hold the purchase payment until the application is completed.

***Subsequent Purchase Payments***

Any subsequent purchase payment received at the Service Center (along with all necessary information) before the close of regular trading on the New York Stock Exchange on any Valuation Date will be priced at the Accumulation Unit value next determined after receipt of the purchase payment. If a subsequent purchase payment is received at the Service Center (along with all necessary information) after the close of regular trading on the New York Stock Exchange, it will be priced at the Accumulation Unit value determined on the following Valuation Date.

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

**Surrender/Withdrawal Prior to Annuitization**

Prior to annuitization and before the Annuitant's death, Contract Owners may generally withdraw some or all of their Contract Value. Withdrawals from the contract may be subject to federal income tax and/or a tax penalty (see *Appendix C: Contract Types and Tax Information* in the statutory prospectus). Withdrawal requests may be submitted in writing or by telephone to the Service Center and Nationwide may require additional information. Requests submitted by telephone may be subject to dollar amount limitations and may be subject to payment and other restrictions to prevent fraud. Nationwide reserves the right to require written requests to be submitted on current Nationwide forms for withdrawals.

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Nationwide reserves the right to remove the ability to submit requests by telephone upon written notice. Contact the Service Center for current limitations and restrictions. When taking a full surrender, Nationwide may require that the contract accompany the request. Nationwide may require a signature guarantee. Withdrawals are subject to the CDSC provisions of the contract.

Surrender and withdrawal requests will receive the Accumulation Unit value next determined at the end of the current Valuation Period if the request and all necessary information is received at the Service Center before the close of regular trading on the New York Stock Exchange (generally, 4:00 pm EST). If the request and all necessary information is received after the close of regular trading on the New York Stock Exchange, the request will receive the Accumulation Unit value determined at the end of the next Valuation Day.

Nationwide will pay any amounts withdrawn from the Sub-Accounts within seven days after the request is received in good order at the Service Center (see *Determining the Contract Value* in the statutory prospectus). However, Nationwide may suspend or postpone payment when it is unable to price a purchase payment or transfer, or as permitted or required by federal securities laws and rules and regulations of the SEC.

**Surrender/Withdrawal After Annuitization**

After the Annuitization Date, withdrawals other than regularly scheduled annuity payments are not permitted.

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**Additional Information About Fees**

**The following tables describe the fees, expenses, and adjustments that a Contract Owner will pay when buying, owning, and surrendering or making withdrawals from an investment option or from the contract. Please refer to the contract specifications page for information about the specific fees the Contract Owner will pay each year based on the options elected.**

**The first table describes the fees and expenses a Contract Owner will pay at the time the Contract Owner buys the contract, surrenders or makes withdrawals from an investment option or from the contract, or transfers Contract Value between investment options. State premium taxes may also be deducted.** 

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| | |
|:---|:---|
| **Transaction Expenses** | **Transaction Expenses** |
| **Maximum Contingent Deferred Sales Charge** ("CDSC") (as a percentage of purchase payments surrendered) | 7% |

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Range of CDSC over time:

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Number of Completed Years from Date of Purchase Payment** | **0** | **1** | **2** | **3** | **4** | **5+** |
| **CDSC Percentage** | &nbsp;&nbsp; **7%** | &nbsp;&nbsp; **7%** | &nbsp;&nbsp; **6%** | &nbsp;&nbsp; **5%** | &nbsp;&nbsp; **3%** | &nbsp;&nbsp; **0%** |

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

**The next table describes the fees and expenses that a Contract Owner will pay *each year* during the time that the Contract Owner owns the contract (not including underlying mutual fund fees and expenses). If an optional benefit is elected, an additional charge will be assessed, as shown below.** 

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| | |
|:---|:---|
| **Annual Contract Expenses** | **Annual Contract Expenses** |
| **Maximum Administrative Expense**<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp; $50 |
| **Base Contract Expenses**<sup>2</sup> (assessed as an annualized percentage of Daily Net Assets) | 1.00% |
| **Optional Benefit Expenses**<sup>3</sup> (assessed as an annualized percentage of Daily Net Assets) |  |
| **No CDSC Option ("C Schedule Option") Charge**  | 0.35%<sup>4</sup> <br>|
| **Optional Death Benefits**<sup>5</sup> <br>|  |
| **Highest Anniversary Enhanced Death Benefit Option Charge** | 0.30% |
| **Return of Premium Enhanced Death Benefit Option Charge** | 0.20% |

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

<sup>1</sup>

Throughout the statutory prospectus, the Administrative Expense will be referred to as the Contract Maintenance Charge. On each contract's Contract Anniversary, Nationwide deducts the Contract Maintenance Charge if the Contract Value is less than $50,000 on such Contract Anniversary. This charge is permanently waived on a going-forward basis for any contracts valued at $50,000 or more on any Contract Anniversary.

<sup>2</sup>

Throughout the statutory prospectus, the Base Contract Expenses will be referred to as Mortality and Expense Risk Charge and Administrative Charge, as appropriate.

<sup>3</sup>

Unless otherwise indicated, charges for optional benefits are only assessed prior to the Annuitization Date (see *Charges and Deductions* in the statutory prospectus).

<sup>4</sup>

The charge associated with this option is assessed for the life of the contract.

<sup>5</sup>

Only one death benefit option may be elected.

**The next item shows the minimum and maximum total operating expenses charged by the underlying mutual funds that the Contract Owner may pay periodically during the life of the contract. Expenses shown may change over time and may be higher or lower in the future. A complete list of the underlying mutual funds available under the contract, including their annual expenses, may be found in *Appendix: Investment Options Available Under the Contract*.** 

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| | | |
|:---|:---|:---|
| **Annual Underlying Mutual Fund Expenses** | **Annual Underlying Mutual Fund Expenses** | **Annual Underlying Mutual Fund Expenses** |
|  | **Minimum** | **Maximum** |
| (Expenses that are deducted from underlying mutual fund assets, including <br> management fees, distribution and/or service (12b-1) fees, and other expenses, as a <br> percentage of average underlying mutual fund net assets.)<br>| 0.31% | 3.48% |

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**Example**

**This Example is intended to help Contract Owners compare the cost of investing in the Sub-Accounts with the cost of investing in other annuity contracts that offer variable investment options. These costs include transaction expenses, annual contract expenses, and annual underlying mutual fund expenses.** 

The Example assumes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a $100,000 investment in the contract for the time periods indicated;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a 5% return each year;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the maximum and the minimum annual underlying mutual fund expenses;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the maximum Contingent Deferred Sales Charge under the standard 5 year CDSC schedule;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Variable Account charges that reflect the most expensive combination of optional benefits available for an additional charge (1.65%). Specifically:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• No CDSC Option and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Highest Anniversary Enhanced Death Benefit Option.

Although your actual costs may be higher or lower, based on these assumptions, your costs would be:

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **If the contract is surrendered**<br> **at the end of the applicable**<br> **time period** | **If the contract is surrendered**<br> **at the end of the applicable**<br> **time period** | **If the contract is surrendered**<br> **at the end of the applicable**<br> **time period** | **If the contract is surrendered**<br> **at the end of the applicable**<br> **time period** | **If the contract is annuitized**<br> **at the end of the applicable**<br> **time period** | **If the contract is annuitized**<br> **at the end of the applicable**<br> **time period** | **If the contract is annuitized**<br> **at the end of the applicable**<br> **time period** | **If the contract is not surrendered** | **If the contract is not surrendered** | **If the contract is not surrendered** | **If the contract is not surrendered** |
|  | **1 Yr.** | **3 Yrs.** | **5 Yrs.** | **10 Yrs.** | **3 Yrs.** | **5 Yrs.** | **10 Yrs.** | **1 Yr.** | **3 Yrs.** | **5 Yrs.** | **10 Yrs.** |
| &nbsp;&nbsp;&nbsp; Maximum <br> Annual <br> Underlying <br> Mutual Fund <br> Expenses <br> (3.48%)<br>| &nbsp;&nbsp; $12439<br>| &nbsp;&nbsp; $21245<br>| &nbsp;&nbsp; $26957<br>| &nbsp;&nbsp; $53328<br>&nbsp;&nbsp; \*<br>| &nbsp;&nbsp; $16245<br>| &nbsp;&nbsp; $26957<br>| &nbsp;&nbsp; $53328<br>| &nbsp;&nbsp; $5439<br>| &nbsp;&nbsp; $16245<br>| &nbsp;&nbsp; $26957<br>| &nbsp;&nbsp; $53328<br>|
| &nbsp;&nbsp;&nbsp; Minimum <br> Annual <br> Underlying <br> Mutual Fund <br> Expenses <br> (0.31%)<br>| &nbsp;&nbsp; $9111<br>| &nbsp;&nbsp; $11516<br>| &nbsp;&nbsp; $11180<br>| &nbsp;&nbsp; $24072<br>&nbsp;&nbsp; \*<br>| &nbsp;&nbsp; $6516<br>| &nbsp;&nbsp; $11180<br>| &nbsp;&nbsp; $24072<br>| &nbsp;&nbsp; $2111<br>| &nbsp;&nbsp; $6516<br>| &nbsp;&nbsp; $11180<br>| &nbsp;&nbsp; $24072 |

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\*

Generally, the contracts sold under this prospectus do not permit annuitization during the first two Contract Years (see *Annuitizing the Contract* in the statutory prospectus).

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**Appendix: Investment Options Available Under the Contract**

The following is a list of underlying mutual funds available under the contract. More information about the underlying mutual funds is available in the prospectuses for the underlying mutual funds, which may be amended from time to time and can be found online at https://nationwide.onlineprospectus.net/NW/C000154397NW/index.php. This information can also be obtained at no cost by calling 1-800-848-6331 or by sending an email request to FLSS@nationwide.com. Depending on the optional benefits chosen, access to certain underlying mutual funds may be limited. The availability of investment options may vary depending on the broker-dealer through which the contract is sold (see *Appendix E: Financial Intermediary Variations* in the statutory prospectus).

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

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Equity | &nbsp;&nbsp; **AllianceBernstein Variable Products Series Fund, Inc. - AB** <br> **VPS Discovery Value Portfolio: Class B**<br> Investment Advisor: AllianceBernstein L.P.<br>| 1.07% | 2.64% | 8.48% | 8.27% |
| Equity | &nbsp;&nbsp; **AllianceBernstein Variable Products Series Fund, Inc. - AB** <br> **VPS Large Cap Growth Portfolio: Class B**<br> Investment Advisor: AllianceBernstein L.P.<br>| 0.90% | 12.85% | 11.76% | 15.88% |
| Equity | &nbsp;&nbsp; **AllianceBernstein Variable Products Series Fund, Inc. - AB** <br> **VPS Relative Value Portfolio: Class A**<br> Investment Advisor: AllianceBernstein L.P.<br>| 0.59%\* | 10.47% | 11.42% | 10.57% |
| Allocation | &nbsp;&nbsp; **American Funds Insurance Series® - American Funds®** <br> **Global Balanced Fund: Class 4**<br> Investment Advisor: Capital Research and Management <br> Company<br>| 1.01%\* | 16.96% | 5.85% | 7.43% |
| Fixed Income | &nbsp;&nbsp; **American Funds Insurance Series® - American High-Income** <br> **Trust: Class 4**<br> Investment Advisor: Capital Research and Management <br> Company<br>| 0.83%\* | 7.94% | 5.33% | 6.68% |
| Allocation | &nbsp;&nbsp; **American Funds Insurance Series® - Capital Income** <br> **Builder®: Class 4**<br> Investment Advisor: Capital Research and Management <br> Company<br>| 0.78%\* | 20.16% | 8.82% | 7.32% |
| Equity | &nbsp;&nbsp; **American Funds Insurance Series® - Global Small** <br> **Capitalization Fund: Class 4**<br> Investment Advisor: Capital Research and Management <br> Company<br>| 1.15%\* | 14.33% | 0.23% | 6.96% |
| Equity | &nbsp;&nbsp; **American Funds Insurance Series® - New World Fund®:** <br> **Class 4**<br> Investment Advisor: Capital Research and Management <br> Company<br>| 1.07%\* | 27.93% | 5.06% | 8.98% |
| Fixed Income | &nbsp;&nbsp; **American Funds Insurance Series® - U.S. Government** <br> **Securities Fund: Class 2**<br> Investment Advisor: Capital Research and Management <br> Company<br>| 0.50%\* | 7.75% | -0.23% | 1.70% |
| Equity | &nbsp;&nbsp; **American Funds Insurance Series® - Washington Mutual** <br> **Investors Fund: Class 4**<br> Investment Advisor: Capital Research and Management <br> Company<br>| 0.75%\* | 16.90% | 13.60% | 12.08% |
| Fixed Income | &nbsp;&nbsp; **BlackRock Variable Series Funds II, Inc. - BlackRock High** <br> **Yield V.I. Fund: Class III**<br> Investment Advisor: BlackRock Advisors, LLC<br> Sub-Advisor: BlackRock International Limited<br>| 0.78%\* | 8.52% | 4.47% | 6.02% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Fixed Income | &nbsp;&nbsp; **BlackRock Variable Series Funds II, Inc. - BlackRock Total** <br> **Return V.I. Fund: Class III**<br> Investment Advisor: BlackRock Advisors, LLC<br> Sub-Advisor: BlackRock International Limited and BlackRock <br> (Singapore) Limited<br>| 0.74%\* | 7.14% | -0.75% | 1.82% |
| Allocation | &nbsp;&nbsp; **BlackRock Variable Series Funds, Inc. - BlackRock 60/40** <br> **Target Allocation ETF V.I. Fund: Class III**<br> Investment Advisor: BlackRock Advisors, LLC<br>| 0.58%\* | 15.37% | 7.05% | 8.45% |
| Allocation | &nbsp;&nbsp; **BlackRock Variable Series Funds, Inc. - BlackRock Global** <br> **Allocation V.I. Fund: Class III**<br> Investment Advisor: BlackRock Advisors, LLC<br> Sub-Advisor: BlackRock International Limited and BlackRock <br> (Singapore) Limited<br>| 1.01%\* | 19.51% | 5.51% | 7.33% |
| Allocation | &nbsp;&nbsp; **Calvert Variable Series, Inc. - Calvert VP SRI Balanced** <br> **Portfolio: Class F**<br> Investment Advisor: Calvert Research and Management<br>| 0.90% | 11.68% | 8.44% | 9.51% |
| Equity | &nbsp;&nbsp; **Calvert Variable Trust, Inc. - CVT Nasdaq 100 Index** <br> **Portfolio: Class F**<br> Investment Advisor: Calvert Research and Management<br> Sub-Advisor: Ameritas Investment Partners, Inc.<br>| 0.74%\* | 20.10% | 14.46% | 18.80% |
| Equity | &nbsp;&nbsp; **Columbia Funds Variable Insurance Trust - Columbia** <br> **Variable Portfolio - Small Cap Value Discovery Fund: Class** <br> **2 (formerly, Columbia Funds Variable Series Trust -** <br> **Columbia Variable Portfolio - Small Cap Value Discovery** <br> **Fund: Class 2)**<br> Investment Advisor: Columbia Management Investment Advisors, <br> LLC<br>| 1.13%\* | 14.66% | 12.19% | 11.20% |
| Equity | &nbsp;&nbsp; **Columbia Funds Variable Insurance Trust - Columbia** <br> **Variable Portfolio - Small Company Growth Fund: Class 2** <br> **(formerly, Columbia Funds Variable Series Trust - Columbia** <br> **Variable Portfolio - Small Company Growth Fund: Class 2)**<br> Investment Advisor: Columbia Management Investment Advisors, <br> LLC<br>| 1.12%\* | 21.29% | 3.32% | 14.89% |
| Real Assets | &nbsp;&nbsp; **Columbia Funds Variable Series Trust II - Columbia Variable** <br> **Portfolio - Commodity Strategy Fund: Class 2**<br> Investment Advisor: Columbia Management Investment Advisors, <br> LLC<br>| 1.00%\* | 15.30% | 12.44% | 6.46% |
| Fixed Income | &nbsp;&nbsp; **Columbia Funds Variable Series Trust II - Columbia Variable** <br> **Portfolio - High Yield Bond Fund: Class 2**<br> Investment Advisor: Columbia Management Investment Advisors, <br> LLC<br>| 0.89%\* | 8.49% | 3.93% | 5.51% |
| Fixed Income | &nbsp;&nbsp; **Columbia Funds Variable Series Trust II - Columbia Variable** <br> **Portfolio - Select Corporate Income Fund: Class 2**<br> Investment Advisor: Columbia Management Investment Advisors, <br> LLC<br>| 0.72%\* | 7.55% | 1.20% | 1.94% |
| Equity | &nbsp;&nbsp; **Columbia Funds Variable Series Trust II - Columbia Variable** <br> **Portfolio - Select Mid Cap Growth Fund: Class 2**<br> Investment Advisor: Columbia Management Investment Advisors, <br> LLC<br>| 1.07%\* | 14.86% | 7.26% | 11.89% |
| Fixed Income | &nbsp;&nbsp; **Columbia Funds Variable Series Trust II - Columbia Variable** <br> **Portfolio - Select Short Corporate Income Fund: Class 2**<br> Investment Advisor: Columbia Management Investment Advisors, <br> LLC<br>| 0.66%\* | 6.00% | 1.90% | 2.94% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Equity | &nbsp;&nbsp; **Columbia Funds Variable Series Trust II - Columbia Variable** <br> **Portfolio - Seligman Global Technology: Class 2 (formerly,** <br> **Columbia Funds Variable Insurance Trust II - Columbia** <br> **Variable Portfolio - Seligman Global Technology: Class 2)**<br> Investment Advisor: Columbia Management Investment Advisors, <br> LLC<br>| 1.18%\* | 34.37% | 18.42% | 22.70% |
| Equity | &nbsp;&nbsp; **Delaware VIP Trust - Nomura VIP Small Cap Value Series:** <br> **Service Class**<br> Investment Advisor: Delaware Management Company, a series <br> of Nomura Investment Management Business Trust (a Delaware <br> statutory trust)<br>| 1.04% | 7.83% | 8.93% | 8.84% |
| Alternative Strategies | &nbsp;&nbsp; **Deutsche DWS Variable Series II - DWS Alternative Asset** <br> **Allocation VIP: Class B**<br> Investment Advisor: DWS Investment Management Americas, <br> Inc.<br> Sub-Advisor: RREEF America L.L.C.<br>| 1.26% | 10.03% | 4.88% | 4.52% |
| Allocation | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Balanced** <br> **Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FMR Investment Management (UK) Limited, <br> Fidelity Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 0.66% | 14.96% | 9.24% | 10.84% |
| Equity | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP** <br> **Contrafund® Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FMR Investment Management (UK) Limited, <br> Fidelity Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 0.79% | 21.19% | 15.08% | 15.49% |
| Equity | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Energy** <br> **Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FMR Investment Management (UK) Limited, <br> Fidelity Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 0.85% | 10.34% | 23.86% | 7.69% |
| Fixed Income | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Floating** <br> **Rate High Income Portfolio: Initial Class**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FMR Investment Management (UK) Limited, <br> Fidelity Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 0.73% | 5.33% | 6.06% | 5.44% |
| Equity | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Growth &** <br> **Income Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FMR Investment Management (UK) Limited, <br> Fidelity Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 0.72% | 21.21% | 15.83% | 13.56% |
| Equity | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Growth** <br> **Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FMR Investment Management (UK) Limited, <br> Fidelity Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 0.80% | 14.61% | 13.41% | 17.15% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Fixed Income | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Investment** <br> **Grade Bond Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FMR Investment Management (UK) Limited, <br> Fidelity Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 0.62% | 6.93% | -0.21% | 2.45% |
| Equity | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Utilities** <br> **Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br>| 0.85% | 13.83% | 12.24% | 12.23% |
| Equity | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Value** <br> **Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FMR Investment Management (UK) Limited, <br> Fidelity Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 0.70% | 10.95% | 12.82% | 10.96% |
| Equity | &nbsp;&nbsp; **Fidelity Variable Insurance Products Fund - VIP Value** <br> **Strategies Portfolio: Service Class 2**<br> Investment Advisor: Fidelity Management & Research Company <br> LLC<br> Sub-Advisor: FMR Investment Management (UK) Limited, <br> Fidelity Management & Research (Hong Kong) Limited, Fidelity <br> Management & Research (Japan) Limited<br>| 0.84% | 7.70% | 11.87% | 10.54% |
| Equity | &nbsp;&nbsp; **First Eagle Variable Funds - Overseas Variable Fund**<br> Investment Advisor: First Eagle Investment Management, LLC<br>| 1.21%\* | 37.47% | 9.02% | 7.61% |
| Fixed Income | &nbsp;&nbsp; **Franklin Templeton Variable Insurance Products Trust -** <br> **Franklin U.S. Government Securities VIP Fund: Class 2**<br> Investment Advisor: Franklin Advisers, Inc.<br>| 0.79% | 6.69% | 0.02% | 1.14% |
| Equity | &nbsp;&nbsp; **Goldman Sachs Variable Insurance Trust - Goldman Sachs** <br> **Mid Cap Growth Fund: Service Shares**<br> Investment Advisor: Goldman Sachs Asset Management, L.P.<br>| 0.98%\* | 7.36% | 4.68% | 11.59% |
| Equity | &nbsp;&nbsp; **Invesco - Invesco V.I. Discovery Mid Cap Growth Fund:** <br> **Series II**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 1.11% | 4.53% | 3.64% | 11.10% |
| Equity | &nbsp;&nbsp; **Invesco - Invesco V.I. Main Street Small Cap Fund: Series II**<br> Investment Advisor: Invesco Advisers, Inc.<br>| 1.09% | 8.44% | 8.07% | 10.31% |
| Allocation | &nbsp;&nbsp; **Janus Aspen Series - Janus Henderson Balanced Portfolio:** <br> **Service Shares**<br> Investment Advisor: Janus Henderson Investors US LLC<br>| 0.87% | 14.82% | 8.21% | 9.86% |
| Equity | &nbsp;&nbsp; **Janus Aspen Series - Janus Henderson Enterprise Portfolio:** <br> **Service Shares**<br> Investment Advisor: Janus Henderson Investors US LLC<br>| 0.97% | 7.41% | 7.35% | 12.51% |
| Fixed Income | &nbsp;&nbsp; **Janus Aspen Series - Janus Henderson Flexible Bond** <br> **Portfolio: Service Shares**<br> Investment Advisor: Janus Henderson Investors US LLC<br>| 0.82%\* | 7.22% | -0.47% | 2.07% |
| Equity | &nbsp;&nbsp; **Janus Aspen Series - Janus Henderson Global Research** <br> **Portfolio: Service Shares**<br> Investment Advisor: Janus Henderson Investors US LLC<br>| 1.07% | 20.60% | 12.23% | 12.64% |
| Equity | &nbsp;&nbsp; **Janus Aspen Series - Janus Henderson Global Sustainable** <br> **Equity Portfolio: Institutional Shares**<br> Investment Advisor: Janus Henderson Investors US LLC<br>| 0.74%\* | 17.46% |  |  |
| Equity | &nbsp;&nbsp; **Janus Aspen Series - Janus Henderson Global Technology** <br> **and Innovation Portfolio: Service Shares**<br> Investment Advisor: Janus Henderson Investors US LLC<br>| 0.97% | 24.84% | 13.44% | 21.18% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Equity | &nbsp;&nbsp; **Janus Aspen Series - Janus Henderson Overseas Portfolio:** <br> **Service Shares**<br> Investment Advisor: Janus Henderson Investors US LLC<br>| 0.96% | 28.58% | 9.17% | 8.97% |
| Equity | &nbsp;&nbsp; **Legg Mason Partners Variable Equity Trust - ClearBridge** <br> **Variable Small Cap Growth Portfolio: Class II**<br> Investment Advisor: Franklin Templeton Fund Adviser, LLC<br> Sub-Advisor: ClearBridge Investments, LLC<br>| 1.06% | 8.97% | -0.42% | 9.11% |
| Fixed Income | &nbsp;&nbsp; **Lord Abbett Series Fund, Inc. - Short Duration Income** <br> **Portfolio: Class VC**<br> Investment Advisor: Lord, Abbett & Co. LLC<br>| 0.72%\* | 5.90% | 2.25% | 2.62% |
| Fixed Income | &nbsp;&nbsp; **Lord Abbett Series Fund, Inc. - Total Return Portfolio: Class** <br> **VC**<br> Investment Advisor: Lord, Abbett & Co. LLC<br>| 0.71% | 7.19% | 0.07% | 2.28% |
| Equity | &nbsp;&nbsp; **MFS® Variable Insurance Trust - MFS Mid Cap Growth** <br> **Series: Service Class**<br> Investment Advisor: Massachusetts Financial Services Company<br>| 1.06%\* | 3.40% | 3.03% | 11.32% |
| Equity | &nbsp;&nbsp; **MFS® Variable Insurance Trust - MFS New Discovery Series:** <br> **Service Class**<br> Investment Advisor: Massachusetts Financial Services Company<br>| 1.12%\* | 12.56% | -0.54% | 10.46% |
| Equity | &nbsp;&nbsp; **MFS® Variable Insurance Trust II - MFS International Growth** <br> **Portfolio: Service Class**<br> Investment Advisor: Massachusetts Financial Services Company<br>| 1.13%\* | 20.81% | 6.80% | 9.60% |
| Equity | &nbsp;&nbsp; **MFS® Variable Insurance Trust II - MFS International** <br> **Intrinsic Equity Portfolio: Service Class (formerly, MFS®** <br> **Variable Insurance Trust II - MFS International Intrinsic** <br> **Value Portfolio: Service Class)**<br> Investment Advisor: Massachusetts Financial Services Company<br>| 1.14%\* | 32.96% | 7.02% | 9.68% |
| Equity | &nbsp;&nbsp; **MFS® Variable Insurance Trust II - MFS Research** <br> **International Portfolio: Service Class**<br> Investment Advisor: Massachusetts Financial Services Company<br>| 1.15%\* | 21.75% | 5.25% | 7.27% |
| Equity | &nbsp;&nbsp; **MFS® Variable Insurance Trust III - MFS Global Real Estate** <br> **Portfolio: Service Class**<br> Investment Advisor: Massachusetts Financial Services Company<br>| 1.15%\* | 3.30% | 1.08% | 4.76% |
| Fixed Income | &nbsp;&nbsp; **MFS® Variable Insurance Trust III - MFS Limited Maturity** <br> **Portfolio: Service Class**<br> Investment Advisor: Massachusetts Financial Services Company<br>| 0.73%\* | 5.49% | 2.29% | 2.44% |
| Equity | &nbsp;&nbsp; **MFS® Variable Insurance Trust III - MFS Mid Cap Value** <br> **Portfolio: Service Class**<br> Investment Advisor: Massachusetts Financial Services Company<br>| 1.04%\* | 5.75% | 9.90% | 9.69% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Allspring** <br> **Discovery Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Allspring Global Investments, LLC<br>| 1.08%\* | 5.62% | -2.35% | 9.38% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT American Funds** <br> **Asset Allocation Fund: Class II**<br> Investment Advisor: Capital Research and Management <br> Company, Nationwide Fund Advisors<br>| 0.92%\* | 15.41% | 8.56% | 9.36% |
| Fixed Income | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT American Funds** <br> **Bond Fund: Class II**<br> Investment Advisor: Capital Research and Management <br> Company, Nationwide Fund Advisors<br>| 0.85%\* | 6.73% | -0.54% | 1.96% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT American Funds** <br> **Global Growth Fund: Class II**<br> Investment Advisor: Capital Research and Management <br> Company, Nationwide Fund Advisors<br>| 1.04%\* | 21.21% | 7.82% | 11.73% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT American Funds** <br> **Growth Fund: Class II**<br> Investment Advisor: Capital Research and Management <br> Company, Nationwide Fund Advisors<br>| 0.97%\* | 19.78% | 12.94% | 17.52% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT American Funds** <br> **Growth-Income Fund: Class II**<br> Investment Advisor: Capital Research and Management <br> Company, Nationwide Fund Advisors<br>| 0.91%\* | 17.64% | 13.48% | 13.48% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT BlackRock** <br> **Equity Dividend Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: BlackRock Investment Management, LLC<br>| 1.05%\* | 21.10% | 11.24% | 11.09% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT BlackRock** <br> **Managed Global Allocation Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: BlackRock Investment Management, LLC and <br> Nationwide Asset Management, LLC<br>| 1.15%\* | 14.84% | 4.16% | 6.06% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Blueprint®** <br> **Aggressive Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.99%\* | 18.45% | 10.71% | 10.40% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Blueprint®** <br> **Balanced Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.87%\* | 12.47% | 5.93% | 6.60% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Blueprint®** <br> **Capital Appreciation Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.90%\* | 14.94% | 8.14% | 8.51% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Blueprint®** <br> **Conservative Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.83%\* | 8.70% | 2.68% | 3.95% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Blueprint®** <br> **Moderate Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Nationwide Asset Management, LLC<br>| 0.89%\* | 13.52% | 7.12% | 7.62% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Blueprint®** <br> **Moderately Aggressive Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.95%\* | 16.43% | 9.35% | 9.45% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Blueprint®** <br> **Moderately Conservative Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.87%\* | 11.10% | 4.86% | 5.78% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT BNY Mellon** <br> **Dynamic U.S. Core Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Newton Investment Management Limited<br>| 0.87%\* | 16.91% | 12.31% | 14.16% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT BNY Mellon** <br> **Dynamic U.S. Equity Income: Class Z**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Newton Investment Management Limited<br>| 0.88%\* | 18.55% | 14.51% | 11.51% |
| Fixed Income | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Bond Index** <br> **Fund: Class I**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: BlackRock Investment Management, LLC<br>| 0.39% | 6.80% | -0.75% | 1.63% |
| Fixed Income | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT DoubleLine** <br> **Total Return Tactical Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: DoubleLine Capital LP<br>| 0.98%\* | 7.31% | 0.22% |  |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Fidelity** <br> **Institutional AM® Emerging Markets Fund: Class I**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: FIAM LLC<br>| 1.12%\* | 36.15% | 1.01% | 6.31% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Fidelity** <br> **Institutional AM® Worldwide Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: FIAM LLC<br>| 1.05%\* |  |  |  |
| Capital Preservation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Government** <br> **Money Market Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Federated Investment Management Company<br>| 0.72% | 3.65% | 2.76% | 1.68% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT International** <br> **Equity Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Lazard Asset Management LLC<br>| 1.13%\* | 38.97% | 12.52% | 9.67% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT International** <br> **Index Fund: Class I**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: BlackRock Investment Management, LLC<br>| 0.47% | 30.64% | 8.51% | 7.91% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Invesco Small** <br> **Cap Growth Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Invesco Advisers, Inc.<br>| 1.32% | 16.08% | 4.69% | 11.45% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Investor** <br> **Destinations Aggressive Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 1.02% | 19.26% | 8.48% | 9.50% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Investor** <br> **Destinations Balanced Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.94% | 12.97% | 4.84% | 6.03% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Investor** <br> **Destinations Capital Appreciation Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.90%\* | 15.70% | 6.58% | 7.85% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Investor** <br> **Destinations Conservative Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.92% | 8.90% | 1.96% | 3.37% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Investor** <br> **Destinations Moderate Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.97% | 14.42% | 5.67% | 6.92% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Investor** <br> **Destinations Moderately Aggressive Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 1.00% | 17.38% | 7.41% | 8.61% |
| Allocation | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Investor** <br> **Destinations Moderately Conservative Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br>| 0.93% | 11.68% | 3.78% | 5.12% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT iShares® Global** <br> **Equity ETF Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: BlackRock Investment Management, LLC<br>| 0.75%\* | 18.00% | 10.86% |  |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT J.P. Morgan** <br> **Digital Evolution Strategy Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: J.P. Morgan Investment Management Inc.<br>| 0.96%\* | 32.66% |  |  |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT J.P. Morgan** <br> **Equity and Options Total Return Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: J.P. Morgan Investment Management Inc.<br>| 1.04% | 16.22% | 9.58% | 11.58% |
| Fixed Income | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT J.P. Morgan** <br> **Inflation Managed Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: J.P. Morgan Investment Management Inc.<br>| 0.75%\* |  |  |  |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Jacobs Levy** <br> **Large Cap Growth Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Jacobs Levy Equity Management, Inc.<br>| 0.95%\* | 13.82% | 18.76% | 17.73% |
| Fixed Income | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Loomis Core** <br> **Bond Fund: Class P**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Loomis, Sayles & Company, L.P.<br>| 0.68% | 6.79% | -0.86% | 1.98% |
| Fixed Income | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Loomis Short** <br> **Term Bond Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Loomis, Sayles & Company, L.P.<br>| 0.80% | 5.43% | 1.88% | 2.12% |
| Fixed Income | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Loomis Short** <br> **Term High Yield Fund: Class I**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Loomis, Sayles & Company, L.P.<br>| 0.87%\* | 5.66% | 3.26% | 5.38% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Mid Cap Index** <br> **Fund: Class I**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: BlackRock Investment Management, LLC<br>| 0.41% | 7.05% | 8.70% | 10.28% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Multi-Manager** <br> **Small Company Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Jacobs Levy Equity Management, Inc. and Invesco <br> Advisers, Inc.<br>| 1.30%\* | 10.05% | 8.34% | 10.72% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT NASDAQ-100** <br> **Index Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: BlackRock Investment Management, LLC<br>| 0.72%\* |  |  |  |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Putnam** <br> **International Value Fund: Class Z**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Putnam Investment Management, LLC<br>| 1.08%\* | 34.95% | 10.90% | 7.45% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Real Estate** <br> **Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Wellington Management Company LLP<br>| 1.17%\* | 0.33% | 5.43% | 5.75% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT S&P 500 Index** <br> **Fund: Class I**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: BlackRock Investment Management, LLC<br>| 0.24%\* | 17.60% | 14.15% | 14.55% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Small Cap Index** <br> **Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: BlackRock Investment Management, LLC<br>| 0.58%\* | 12.14% | 5.54% | 9.10% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Small Cap Value** <br> **Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Jacobs Levy Equity Management, Inc.<br>| 1.31%\* | 1.87% | 7.70% | 7.41% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Fixed Income | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Strategic Income** <br> **Fund: Class I**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Amundi Asset Management, US<br>| 0.80% | 7.56% | 5.81% | 5.45% |
| Equity | &nbsp;&nbsp; **Nationwide Variable Insurance Trust - NVIT Victory Mid Cap** <br> **Value Fund: Class II**<br> Investment Advisor: Nationwide Fund Advisors<br> Sub-Advisor: Victory Capital Management Inc.<br>| 0.96%\* | 2.30% | 7.79% | 7.55% |
| Equity | &nbsp;&nbsp; **New Age Alpha Variable Funds Trust - NAA Large Growth** <br> **Series**<br> Investment Advisor: New Age Alpha Advisors, LLC<br>| 1.01%\* | 17.02% | 13.89% | 17.04% |
| Hybrid Securities | &nbsp;&nbsp; **New York Life Investments VP Funds Trust - NYLIM VP** <br> **MacKay Convertible Portfolio: Service 2 Class (formerly,** <br> **New York Life Investments VP Funds Trust - NYLI VP** <br> **MacKay Convertible Portfolio: Service 2 Class)**<br> Investment Advisor: New York Life Investment Management LLC<br> Sub-Advisor: MacKay Shields LLC<br>| 0.92% | 15.99% | 5.24% | 10.00% |
| Allocation | &nbsp;&nbsp; **PIMCO Variable Insurance Trust - All Asset Portfolio:** <br> **Advisor Class**<br> Investment Advisor: PIMCO<br> Sub-Advisor: Research Affiliates, LLC<br>| 2.23%\* | 14.19% | 5.49% | 6.67% |
| Real Assets | &nbsp;&nbsp; **PIMCO Variable Insurance Trust - Commodity RealReturn®** <br> **Strategy Portfolio: Advisor Class**<br> Investment Advisor: PIMCO<br>| 3.29%\* | 18.66% | 10.44% | 6.42% |
| Fixed Income | &nbsp;&nbsp; **PIMCO Variable Insurance Trust - Dynamic Bond Portfolio:** <br> **Advisor Class**<br> Investment Advisor: PIMCO<br>| 1.16% | 8.00% | 2.91% | 3.45% |
| Fixed Income | &nbsp;&nbsp; **PIMCO Variable Insurance Trust - Emerging Markets Bond** <br> **Portfolio: Advisor Class**<br> Investment Advisor: PIMCO<br>| 1.27% | 14.86% | 2.34% | 4.96% |
| Fixed Income | &nbsp;&nbsp; **PIMCO Variable Insurance Trust - International Bond** <br> **Portfolio (U.S. Dollar-Hedged): Advisor Class**<br> Investment Advisor: PIMCO<br>| 1.19% | 3.85% | 0.93% | 2.78% |
| Fixed Income | &nbsp;&nbsp; **PIMCO Variable Insurance Trust - Short-Term Portfolio:** <br> **Advisor Class**<br> Investment Advisor: PIMCO<br>| 0.75% | 4.57% | 3.14% | 2.65% |
| Allocation | &nbsp;&nbsp; **Putnam Variable Trust - Putnam VT George Putnam** <br> **Balanced Fund: Class IB**<br> Investment Advisor: Putnam Investment Management, LLC<br> Sub-Advisor: Franklin Advisers, Inc., Franklin Templeton <br> Investment Management Limited<br>| 0.88% | 13.95% | 8.85% | 10.17% |
| Equity | &nbsp;&nbsp; **Putnam Variable Trust - Putnam VT International Equity** <br> **Fund: Class IB**<br> Investment Advisor: Putnam Investment Management, LLC<br> Sub-Advisor: Franklin Advisers, Inc., Franklin Templeton <br> Investment Management Limited, The Putnam Advisory <br> Company, LLC<br>| 1.06% | 37.68% | 9.28% | 8.13% |
| Equity | &nbsp;&nbsp; **Putnam Variable Trust - Putnam VT Large Cap Value Fund:** <br> **Class IB**<br> Investment Advisor: Putnam Investment Management, LLC<br> Sub-Advisor: Franklin Advisers, Inc., Franklin Templeton <br> Investment Management Limited<br>| 0.79% | 20.35% | 15.38% | 13.30% |
| Equity | &nbsp;&nbsp; **Putnam Variable Trust - Putnam VT Sustainable Leaders** <br> **Fund: Class IB**<br> Investment Advisor: Putnam Investment Management, LLC<br> Sub-Advisor: Franklin Advisers, Inc., Franklin Templeton <br> Investment Management Limited<br>| 0.88% | 10.69% | 10.34% | 14.69% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** | &nbsp;&nbsp; **Average Annual Total**<br> **Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Mutual Fund and Adviser/Subadviser** | &nbsp;&nbsp; **Current**<br> **Expenses** | **1 year** | **5 year** | **10 year** |
| Equity | &nbsp;&nbsp; **Rydex Variable Trust - Financial Services Fund**<br> Investment Advisor: Guggenheim Investments<br>| 1.83%\* | 10.76% | 11.31% | 9.88% |
| Equity | &nbsp;&nbsp; **T. Rowe Price Equity Series, Inc. - T. Rowe Price Health** <br> **Sciences Portfolio: II**<br> Investment Advisor: T. Rowe Price Associates, Inc.<br>| 1.11% | 17.80% | 3.86% | 8.70% |
| Equity | &nbsp;&nbsp; **VanEck VIP Trust - VanEck VIP Global Gold Fund: Class S**<br> Investment Advisor: Van Eck Associates Corporation<br>| 1.45%\* | 164.43% | 20.00% | 20.88% |
| Equity | &nbsp;&nbsp; **VanEck VIP Trust - VanEck VIP Global Resources Fund:** <br> **Class S**<br> Investment Advisor: Van Eck Associates Corporation<br>| 1.32% | 36.17% | 10.24% | 8.06% |
| Equity | &nbsp;&nbsp; **Victory Variable Insurance Funds II - Victory Pioneer Fund** <br> **VCT Portfolio: Class II**<br> Investment Advisor: Victory Capital Management, Inc.<br>| 1.00%\* | 23.08% | 14.69% | 15.47% |
| Equity | &nbsp;&nbsp; **Virtus Variable Insurance Trust - Virtus Duff & Phelps Real** <br> **Estate Securities Series: Class A**<br> Investment Advisor: Virtus Investment Advisers, Inc.<br> Sub-Advisor: Duff & Phelps Investment Management Co., an <br> affiliate of VIA.<br>| 1.10%\* | 0.72% | 6.06% | 5.95% |

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\*

This underlying mutual fund's current expenses reflect a temporary fee reduction.

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**Outside back cover page**

This summary prospectus incorporates by reference the statutory prospectus and Statement of Additional Information, both dated May 1, 2026, as amended or supplemented. The statutory prospectus and Statement of Additional Information may be obtained, free of charge, at https://nationwide.onlineprospectus.net/NW/C000154397NW/index.php.

Reports and other information about the Variable Account 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.

SEC Contract Identifier: C000154397

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