# EDGAR Filing Document

**Accession Number:** 0002040519
**File Stem:** 0002040519-26-000042
**Filing Date:** 2026-4
**Character Count:** 21490
**Document Hash:** 0d86fc7c52bd279eb0cad40bfbc42ab7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002040519-26-000042.hdr.sgml**: 20260421

**ACCESSION NUMBER**: 0002040519-26-000042

**CONFORMED SUBMISSION TYPE**: POS EX

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260421

**DATE AS OF CHANGE**: 20260421

**EFFECTIVENESS DATE**: 20260421

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MIDLAND NATIONAL LIFE INSURANCE CO RILA
- **CENTRAL INDEX KEY:** 0002040519

**ORGANIZATION NAME:**
- **EIN:** 460164570
- **STATE OF INCORPORATION:** IA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** POS EX
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-283566
- **FILM NUMBER:** 26878824

**BUSINESS ADDRESS:**
- **STREET 1:** 8300 MILLS CIVIC PKWY
- **CITY:** WEST DES MOINES
- **STATE:** IA
- **ZIP:** 50266
- **BUSINESS PHONE:** 6053355700

**MAIL ADDRESS:**
- **STREET 1:** 8300 MILLS CIVIC PKWY
- **CITY:** WEST DES MOINES
- **STATE:** IA
- **ZIP:** 50266

**Registration Nos. 333-255058; 333-283566**

**Investment Company Act No. 811-07772** 

**As filed with the Securities and Exchange Commission on April 21, 2026** 

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**WASHINGTON, DC 20549** 

**FORM N-4**

**REGISTRATION STATEMENT** 

***UNDER***

***THE SECURITIES ACT OF 1933***

---

| | |
|:---|:---|
| **Pre-Effective Amendment No. ___** | &nbsp;&nbsp;&nbsp;&nbsp;☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| **Post-Effective Amendment No. __11** | &nbsp;&nbsp;&nbsp;&nbsp;☒ |
| **(File No. 333-283566)** |  |
| **and** |  |

---

**REGISTRATION STATEMENT** 

***UNDER***

***THE SECURITIES ACT OF 1933***

---

| | |
|:---|:---|
| **Pre-Effective Amendment No. ___** | &nbsp;&nbsp;&nbsp;&nbsp;☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
| **Post-Effective Amendment No. __11** | &nbsp;&nbsp;&nbsp;&nbsp;☒ |
| **(File No. 333-255058)** |  |
| **and** |  |

---

**REGISTRATION STATEMENT** 

***UNDER***

***THE INVESTMENT COMPANY ACT OF 1940***

---

| | |
|:---|:---|
| **Amendment No. 169** | &nbsp;&nbsp;&nbsp;&nbsp;☒&nbsp;&nbsp;&nbsp;&nbsp; |
| **(File No. 811-07772)** | |

---

**Midland National Life Separate Account C** 

**(Exact Name of Registered Separate Account)** 

**Midland National Life Insurance Company** 

**(Name of Insurance Company)** 

**8300 Mills Civic Parkway** 

**West Des Moines, Iowa 50266-1071** 

**(Address of Insurance Company's Principal Executive Offices)** 

**Insurance Company's Telephone Number, including Area Code:** 

**(877) 586-0240** 

------

---

| | |
|:---|:---|
| ***Name and Address of Agent for Service:*** | ***Copy to:*** |
| **Brett L. Agnew** |  |
| **Midland National Life Insurance Company** | **Dodie Kent** |
| **8300 Mills Civic Parkway** | **Eversheds Sutherland** |
| **West Des Moines, Iowa** | **New York, New York** |
| **515-327-5890** | |

---

**(Name, Address, Including Zip Code, and Telephone Number, Including Area Code, of Agent for Service)** 

**Approximate date of commencement of proposed sale to the public: Continuously on and after the effective date of this registration statement.** 

It is proposed that this filing will become effective immediately upon filing pursuant to Rule 462(d) under the Securities Act of 1933, as amended.

Check each box that appropriately characterizes the Registrant(s):

☒&nbsp;&nbsp;&nbsp;&nbsp;Insurance Company relying on Rule 12h-7 under the Exchange Act

------

**Explanatory Note**

This Post-Effective Amendment No. 11 to the <u>[Registration Statement on Form N-4 (File No. 333-2](https://www.sec.gov/ix?doc=/Archives/edgar/data/2040519/000204051926000036/ck0002040519-20251231.htm)[55058](https://www.sec.gov/ix?doc=/Archives/edgar/data/2040519/000204051926000036/ck0002040519-20251231.htm)[)](https://www.sec.gov/ix?doc=/Archives/edgar/data/2040519/000204051926000036/ck0002040519-20251231.htm)</u> of Midland National Life Insurance Company and Post-Effective Amendment No. 11 to the <u>[Registration Statement on Form N-4 (File No. 333-2](https://www.sec.gov/ix?doc=/Archives/edgar/data/906564/000090656426000038/ck0000906564-20251231.htm)[83566](https://www.sec.gov/ix?doc=/Archives/edgar/data/906564/000090656426000038/ck0000906564-20251231.htm)[)](https://www.sec.gov/ix?doc=/Archives/edgar/data/906564/000090656426000038/ck0000906564-20251231.htm)</u> of Midland National Life Separate Account C (the "Amendments" and the "Registration Statements," respectively) are being filed pursuant to Rule 462(d) of the Securities Act of 1933, as amended (the "Securities Act"), solely to include the Interactive Data File required to be included with Exhibit 27(r). Accordingly, the Amendments consist only of a facing page, this explanatory note, and a supplement to Part C setting forth Exhibit 27(r) to the Registration Statements with its Interactive Data File included. The Amendments do not modify any other part of the Registration Statements other than supplementing Item 27 of Part C as set forth below. Pursuant to Rule 462(d) of the Securities Act, the Amendments shall become effective immediately upon filing with the Securities and Exchange Commission. The contents of the Registration Statements are hereby incorporated by reference.

**Part C**

OTHER INFORMATION

Item 27. *Exhibits* 

The following exhibit is filed as part of the Registration Statements:

(27)(r) <u>[Historical Current Limits on Index Gains](a27rdynhistoricalcurrentli.htm)</u>

------

**SIGNATURES** 

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, Midland National Life Separate Account C certifies that it meets all of the requirements for effectiveness of this Post-Effective Amendment to the Registration Statement under Rule 485(b) under the Securities Act and has duly caused this Post-Effective Amendment to the Registration Statement to be signed on its behalf by the undersigned thereunto duly authorized, in Des Moines, Iowa on this twenty-first day of April, 2026.

Pursuant to the requirements of the Securities Act of 1933, Midland National Life Insurance Company certifies that it meets all of the requirements for effectiveness of this Post-Effective Amendment to the Registration Statement under Rule 485(b) under the Securities Act and has duly caused this Post-Effective Amendment to the Registration Statement to be signed on its behalf by the undersigned thereunto duly authorized, in Des Moines, Iowa on this twenty-first day of April, 2026.

---

| | |
|:---|:---|
| MIDLAND NATIONAL LIFE SEPARATE ACCOUNT C <br>(REGISTERED SEPARATE ACCOUNT) | MIDLAND NATIONAL LIFE SEPARATE ACCOUNT C <br>(REGISTERED SEPARATE ACCOUNT) |
| By: | /s/ Esfandyar E. Dinshaw |
|  | **ESFANDYAR E. DINSHAW** |
|  | Chairman of the Board |

---

---

| | |
|:---|:---|
| MIDLAND NATIONAL LIFE INSURANCE COMPANY <br>(INSURANCE COMPANY) | MIDLAND NATIONAL LIFE INSURANCE COMPANY <br>(INSURANCE COMPANY) |
| By: | /s/ Esfandyar E. Dinshaw |
|  | **ESFANDYAR E. DINSHAW** |
|  | Chairman of the Board |

---

Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment to the Registration Statement has been signed below by the following persons in the capacities and on the date indicated.

------

---

| | |
|:---|:---|
| **Signatures** | **Title** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ \*<br>**ESFANDYAR E. DINSHAW** | &nbsp;&nbsp;&nbsp;Chairman of the Board of Directors & Chief Executive Officer (Principal Executive Officer) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ \* <br>**DANIEL E. EDSEN** | &nbsp;&nbsp;Vice President, Chief Financial Officer & Treasurer<br>(Principal Financial & Accounting Officer) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ \* <br>**DARRON K. ASH** | &nbsp;&nbsp;&nbsp;Director |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ \* <br>**THOMAS J. CORCORAN** | &nbsp;&nbsp;&nbsp;Director |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ \* <br>**SUSAN T. DEAKINS** | &nbsp;&nbsp;&nbsp;Director |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ \* <br>**GEORGE A. FISK** | &nbsp;&nbsp;&nbsp;Director |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ \* <br>**CARL M. HARRIS** | &nbsp;&nbsp;&nbsp;Director |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ \* <br>**WILLIAM D. HEINZ** | &nbsp;&nbsp;&nbsp;Director |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ \* <br>**MICHAEL J. LAFITTE** | &nbsp;&nbsp;&nbsp;Director |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ \* <br>**WILLIAM L. LOWE** | &nbsp;&nbsp;&nbsp;Director |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ \* <br>**GINA A. NORRIS** | &nbsp;&nbsp;&nbsp;Director |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ \* <br>**ROBERT R. TEKOLSTE** | &nbsp;&nbsp;&nbsp;President & Director |

---

---

| | | |
|:---|:---|:---|
| \*By: | /s/ Brett L. Agnew | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;April 21, 2026 |
|  | Brett L. Agnew |  |
|  | Attorney-in-Fact |  |
|  | Pursuant to Power of Attorney |  |

---

------

**EXHIBIT INDEX** 

---

| | |
|:---|:---|
| **Item** | &nbsp;&nbsp;**Exhibit** |
| 27(r) | &nbsp;&nbsp;<u>[Historical Current Limits on Index Gains](a27rdynhistoricalcurrentli.htm)</u> |

---

## Exhibit 1.27

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | 1/1/2025-1/15/2025 | 1/1/2025-1/15/2025 | 1/16/2025-2/12/2025 | 1/16/2025-2/12/2025 | 2/13/2025-3/19/2025 | 2/13/2025-3/19/2025 | 3/20/2025-4/16/2025 | 3/20/2025-4/16/2025 | 4/17/2025-5/14/2025 | 4/17/2025-5/14/2025 | 5/15/2025-6/4/2025 | 5/15/2025-6/4/2025 | 6/5/2025-6/18/2025 | 6/5/2025-6/18/2025 |
| **@** | **Cap rate** | **Par rate** | **Cap rate** | **Par rate** | **Cap rate** | **Par rate** | **Cap rate** | **Par rate** | **Cap rate** | **Par rate** | **Cap rate** | **Par rate** | **Cap rate** | **Par rate** |
| **1-year term** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| MSCI EAFE -10% buffer with cap rate | 20.00% |  | 20.00% |  | 20.00% |  | 20.00% |  | 20.00% |  | 24.50% |  | 24.50% |  |
| Nasdaq-100 Max 30, -10% buffer with cap rate | 35.00% |  | 35.00% |  | 35.00% |  | 35.00% |  | 35.00% |  | 45.00% |  | 45.00% |  |
| Nasdaq-100 Max 30, -30% buffer with cap rate | 10.00% |  | 10.00% |  | 10.00% |  | 10.00% |  | 10.00% |  | 12.00% |  | 12.00% |  |
| Russell 2000 -10% buffer with cap rate | 19.00% |  | 19.00% |  | 19.00% |  | 19.00% |  | 19.00% |  | 22.50% |  | 22.50% |  |
| S&P 500® -10% buffer with cap rate | 13.00% |  | 13.00% |  | 13.00% |  | 13.00% |  | 13.00% |  | 16.00% |  | 16.00% |  |
| S&P 500® -10% floor with cap rate | 11.00% |  | 11.00% |  | 11.00% |  | 11.00% |  | 11.00% |  | 13.00% |  | 13.00% |  |
| S&P 500® -30% buffer with cap rate | 8.25% |  | 8.25% |  | 8.25% |  | 8.25% |  | 8.25% |  | 8.25% |  | 8.25% |  |
| S&P 500® 35% Edge Volatility 1% Decrement <br>&nbsp;&nbsp;&nbsp;&nbsp;Index (USD) ER -10% buffer with cap rate | —% |  | —% |  | —% |  | —% |  | —% |  | 50.00% |  | 50.00% |  |
| S&P 500® 35% Edge Volatility 1% Decrement <br> Index (USD) ER -30% buffer with cap rate | —% |  | —% |  | —% |  | —% |  | —% |  | 15.00% |  | 15.00% |  |
| **3-year term** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| S&P 500® -10% buffer with cap rate | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  |
| S&P 500® -10% floor with cap rate | 25.00% |  | 25.00% |  | 25.00% |  | 25.00% |  | 25.00% |  |  |  |  |  |
| **6-year term** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| MSCI EAFE -10% buffer with par rate |  | 110.00% |  | 110.00% |  | 110.00% |  | 110.00% |  | 110.00% |  | —% |  | —% |
| Nasdaq-100 Max 30, -10% buffer with par rate |  | 115.00% |  | 115.00% |  | 115.00% |  | 115.00% |  | 115.00% |  | 120.00% |  | 120.00% |
| Nasdaq-100 Max 30, -20% buffer with par rate |  | 105.00% |  | 105.00% |  | 105.00% |  | 105.00% |  | 105.00% |  | 105.00% |  | 105.00% |
| Nasdaq-100 Max 30, -30% buffer with cap rate | 350.00% |  | 350.00% |  | 350.00% |  | 350.00% |  | 350.00% |  | 350.00% |  | 350.00% |  |
| Nasdaq-100 Max 30, -40% buffer with cap rate |  |  |  |  |  |  |  |  |  |  | 175.00% |  | 175.00% |  |
| S&P 500® -10% buffer with par rate |  | 110.00% |  | 110.00% |  | 110.00% |  | 105.00% |  | 105.00% |  | 105.00% |  | 105.00% |
| S&P 500® -10% floor with cap rate | 55.00% |  | 55.00% |  | 55.00% |  | 55.00% |  | 55.00% |  | 55.00% |  | 55.00% |  |
| S&P 500® -20% buffer with cap rate | 125.00% |  | 125.00% |  | 125.00% |  | 100.00% |  | 100.00% |  | 100.00% |  | 100.00% |  |
| S&P 500® -30% buffer with cap rate | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  |
| S&P 500® 35% Edge Volatility 1% Decrement <br>&nbsp;&nbsp;&nbsp;&nbsp;Index (USD) ER -10% buffer with par rate |  |  |  |  |  |  |  |  |  |  | 115.00% |  | 115.00% |  |
| S&P 500® 35% Edge Volatility 1% Decrement <br> Index (USD) ER -20% buffer with par rate |  |  |  |  |  |  |  |  |  |  | 102.50% |  | 102.50% |  |
| S&P 500® 35% Edge Volatility 1% Decrement <br> Index (USD) ER -30% buffer with cap rate |  |  |  |  |  |  |  |  |  |  | 175.00% |  | 175.00% |  |
| S&P 500® 35% Edge Volatility 1% Decrement <br> Index (USD) ER -40% buffer with cap rate |  |  |  |  |  |  |  |  |  |  | 125.00% |  | 125.00% |  |

---

------

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | 6/19/2025-7/2/2025 | 6/19/2025-7/2/2025 | 7/3/2025-7/16/2025 | 7/3/2025-7/16/2025 | 7/17/2025-8/6/2025 | 7/17/2025-8/6/2025 | 8/7/2025-8/20/2025 | 8/7/2025-8/20/2025 | 8/21/2025-9/3/2025 | 8/21/2025-9/3/2025 | 9/4/2025-9/17/2025 | 9/4/2025-9/17/2025 | 9/18/2025-10/1/2025 | 9/18/2025-10/1/2025 |
| **Cycle index investment options** | **Cap rate** | **Par rate** | **Cap rate** | **Par rate** | **Cap rate** | **Par rate** | **Cap rate** | **Par rate** | **Cap rate** | **Par rate** | **Cap rate** | **Par rate** | **Cap rate** | **Par rate** |
| **1-year term** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| MSCI EAFE -10% buffer with cap rate | 24.00% |  | 24.00% |  | 24.00% |  | 22.00% |  | 22.00% |  | 22.00% |  | 22.00% |  |
| Nasdaq-100 Max 30, -10% buffer with cap rate | 40.00% |  | 40.00% |  | 40.00% |  | 40.00% |  | 40.00% |  | 40.00% |  | 40.00% |  |
| Nasdaq-100 Max 30, -30% buffer with cap rate | 12.00% |  | 12.00% |  | 12.00% |  | 12.00% |  | 12.00% |  | 12.00% |  | 12.00% |  |
| Russell 2000 -10% buffer with cap rate | 21.00% |  | 21.00% |  | 21.00% |  | 20.00% |  | 20.00% |  | 20.00% |  | 20.00% |  |
| S&P 500® -10% buffer with cap rate | 16.00% |  | 16.00% |  | 16.00% |  | 15.00% |  | 15.00% |  | 15.00% |  | 15.00% |  |
| S&P 500® -10% floor with cap rate | 12.00% |  | 12.00% |  | 12.00% |  | 12.00% |  | 12.00% |  | 12.00% |  | 12.00% |  |
| S&P 500® -30% buffer with cap rate | 8.25% |  | 8.25% |  | 8.25% |  | 8.25% |  | 8.25% |  | 8.25% |  | 8.25% |  |
| S&P 500® 35% Edge Volatility 1% Decrement <br>&nbsp;&nbsp;&nbsp;&nbsp;Index (USD) ER -10% buffer with cap rate | 45.00% |  | 45.00% |  | 45.00% |  | 42.00% |  | 42.00% |  | 42.00% |  | 42.00% |  |
| S&P 500® 35% Edge Volatility 1% Decrement <br> Index (USD) ER -30% buffer with cap rate | 13.50% |  | 13.50% |  | 13.50% |  | 13.00% |  | 13.00% |  | 13.00% |  | 13.00% |  |
| **3-year term** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| S&P 500® -10% buffer with cap rate | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  |
| S&P 500® -10% floor with cap rate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| **6-year term** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| MSCI EAFE -10% buffer with par rate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Nasdaq-100 Max 30, -10% buffer with par rate |  | 120.00% |  | 120.00% |  | 120.00% |  | 120.00% |  | 120.00% |  | 120.00% |  | 120.00% |
| Nasdaq-100 Max 30, -20% buffer with parrate |  | 105.00% |  | 105.00% |  | 105.00% |  | 105.00% |  | 105.00% |  | 105.00% |  | 105.00% |
| Nasdaq-100 Max 30, -30% buffer with cap rate | 325.00% |  | 325.00% |  | 325.00% |  | 300.00% |  | 300.00% |  | 300.00% |  | 300.00% |  |
| Nasdaq-100 Max 30, -40% buffer with cap rate | 160.00 |  | 160.00 |  | 160.00 |  | 150.00 |  | 150.00 |  | 150.00% |  | 150.00% |  |
| S&P 500® -10% buffer with par rate |  | 110.00% |  | 110.00% |  | 110.00% |  | 110.00% |  | 110.00% |  | 110.00% |  | 107.00% |
| S&P 500® -10% floor with cap rate | 55.00% |  | 55.00% |  | 55.00% |  | 55.00% |  | 55.00% |  | 55.00% |  | 55.00% |  |
| S&P 500® -20% buffer with cap rate | 100.00% |  | 100.00% |  | 100.00% |  | 100.00% |  | 100.00% |  | 100.00% |  | 100.00% |  |
| S&P 500® -30% buffer with cap rate | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  |
| S&P 500® 35% Edge Volatility 1% Decrement <br>&nbsp;&nbsp;&nbsp;&nbsp;Index (USD) ER -10% buffer with par rate | 115.00% |  | 115.00% |  | 115.00% |  | 115.00% |  | 115.00% |  | 115.00% |  | 115.00% |  |
| S&P 500® 35% Edge Volatility 1% Decrement <br> Index (USD) ER -20% buffer with par rate | 102.50% |  | 102.50% |  | 102.50% |  | 102.00% |  | 102.00% |  | 102.00% |  | 102.00% |  |
| S&P 500® 35% Edge Volatility 1% Decrement <br> Index (USD) ER -30% buffer with cap rate | 175.00% |  | 175.00% |  | 175.00% |  | 175.00% |  | 175.00% |  | 175.00% |  | 175.00% |  |
| S&P 500® 35% Edge Volatility 1% Decrement <br> Index (USD) ER -40% buffer with cap rate | 125.00% |  | 125.00% |  | 125.00% |  | 125.00% |  | 125.00% |  | 125.00% |  | 125.00% |  |

---

------

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | 10/2/2025-10/15/2025 | 10/2/2025-10/15/2025 | 10/16/2025-11/5/2025 | 10/16/2025-11/5/2025 | 11/6/2025-11/19/2025 | 11/6/2025-11/19/2025 | 11/20/2025-12/3/2025 | 11/20/2025-12/3/2025 | 12/4/2025-12/17/2025 | 12/4/2025-12/17/2025 | 12/18/2025-12/31/2025 | 12/18/2025-12/31/2025 |
| **Cycle index investment options** | **Cap rate** | **Par rate** | **Cap rate** | **Par rate** | **Cap rate** | **Par rate** | **Cap rate** | **Par rate** | **Cap rate** | **Par rate** | **Cap rate** | **Par rate** |
| **1-year term** |  |  |  |  |  |  |  |  |  |  |  |  |
| MSCI EAFE -10% buffer with cap rate | 21.00% |  | 21.00% |  | 21.00% |  | 21.00% |  | 21.00% |  | 21.00% |  |
| Nasdaq-100 Max 30, -10% buffer with cap rate | 35.00% |  | 35.00% |  | 35.00% |  | 35.00% |  | 35.00% |  | 35.00% |  |
| Nasdaq-100 Max 30, -30% buffer with cap rate | 12.00% |  | 12.00% |  | 12.00% |  | 12.00% |  | 12.00% |  | 12.00% |  |
| Russell 2000 -10% buffer with cap rate | 20.00% |  | 20.00% |  | 20.00% |  | 20.00% |  | 20.00% |  | 20.00% |  |
| S&P 500® -10% buffer with cap rate | 15.00% |  | 15.00% |  | 15.00% |  | 15.00% |  | 15.00% |  | 15.00% |  |
| S&P 500® -10% floor with cap rate | 12.00% |  | 12.00% |  | 12.00% |  | 12.00% |  | 12.00% |  | 12.00% |  |
| S&P 500® -30% buffer with cap rate | 8.25% |  | 8.25% |  | 8.25% |  | 8.25% |  | 8.25% |  | 8.25% |  |
| S&P 500® 35% Edge Volatility 1% Decrement <br>&nbsp;&nbsp;&nbsp;&nbsp;Index (USD) ER -10% buffer with cap rate | 42.00% |  | 42.00% |  | 42.00% |  | 42.00% |  | 42.00% |  | 42.00% |  |
| S&P 500® 35% Edge Volatility 1% Decrement <br> Index (USD) ER -30% buffer with cap rate | 13.00% |  | 13.00% |  | 13.00% |  | 13.00% |  | 13.00% |  | 13.00% |  |
| **3-year term** |  |  |  |  |  |  |  |  |  |  |  |  |
| S&P 500® -10% buffer with cap rate | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  | 65.00% |  |
| S&P 500® -10% floor with cap rate |  |  |  |  |  |  |  |  |  |  |  |  |
| **6-year term** |  |  |  |  |  |  |  |  |  |  |  |  |
| MSCI EAFE -10% buffer with par rate |  |  |  |  |  |  |  |  |  |  |  |  |
| Nasdaq-100 Max 30, -10% buffer with par rate |  | 115.00% |  | 115.00% |  | 115.00% |  | 115.00% |  | 115.00% |  | 115.00% |
| Nasdaq-100 Max 30, -20% buffer with par rate |  | 105.00% |  | 105.00% |  | 105.00% |  | 105.00% |  | 105.00% |  | 105.00% |
| Nasdaq-100 Max 30, -30% buffer with cap rate | 250.00% |  | 250.00% |  | 250.00% |  | 250.00% |  | 250.00% |  | 250.00% |  |
| Nasdaq-100 Max 30, -40% buffer with cap rate | 125.00 |  | 125.00 |  | 125.00 |  | 125.00 |  | 125.00 |  | 125.00% |  |
| S&P 500® -10% buffer with par rate |  | 107.00% |  | 107.00% |  | 105.00% |  | 105.00% |  | 105.00% |  | 105.00% |
| S&P 500® -10% floor with cap rate | 50.00% |  | 50.00% |  | 50.00% |  | 50.00% |  | 50.00% |  | 50.00% |  |
| S&P 500® -20% buffer with cap rate | 90.00% |  | 90.00% |  | 90.00% |  | 90.00% |  | 90.00% |  | 90.00% |  |
| S&P 500® -30% buffer with cap rate | 55.00% |  | 55.00% |  | 55.00% |  | 55.00% |  | 55.00% |  | 55.00% |  |
| S&P 500® 35% Edge Volatility 1% Decrement <br>&nbsp;&nbsp;&nbsp;&nbsp;Index (USD) ER -10% buffer with par rate | 110.00% |  | 110.00% |  | 110.00% |  | 110.00% |  | 110.00% |  | 110.00% |  |
| S&P 500® 35% Edge Volatility 1% Decrement <br> Index (USD) ER -20% buffer with par rate | 100.00% |  | 100.00% |  | 100.00% |  | 100.00% |  | 100.00% |  | 100.00% |  |
| S&P 500® 35% Edge Volatility 1% Decrement <br> Index (USD) ER -30% buffer with cap rate | 175.00% |  | 175.00% |  | 175.00% |  | 175.00% |  | 175.00% |  | 175.00% |  |
| S&P 500® 35% Edge Volatility 1% Decrement <br> Index (USD) ER -40% buffer with cap rate | 125.00% |  | 125.00% |  | 125.00% |  | 125.00% |  | 125.00% |  | 125.00% |  |

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