MetLife reorganizes segments: MIM becomes reportable, MetLife Holdings moved to Corporate & Other

METLIFE INC

Effective Q4 2025: MetLife Investment Management becomes a separate reportable segment, formerly in Corporate & Other.
MetLife Holdings no longer a reportable segment; moved to Corporate & Other, with products recast to Group Benefits and RIS.
Changes applied retrospectively for quarters Dec 31, 2024 through Sep 30, 2025; no impact on prior consolidated net income.
Amended fee agreements between MIM and MetLife entities effective Jan 1, 2025 at current market rates, applied retrospectively for Q1-Q3 2025.
New Quarterly Financial Supplement format adopted for Q4 and full year 2025 to reflect revised segments.

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