Equitable Holdings recasts 2022 financials for LDTI adoption and segment changes

Equitable Holdings, Inc.

Recast reflects adoption of FASB ASU 2018-12 for long-duration contracts and new segment reporting structure.
Effective January 1, 2023; recast applies to FY 2022 Form 10-K Items 1, 7, 7A, and 8.
Recast does not constitute a restatement; prior financials remain unchanged.
Exhibit 99.1 contains revised Business, MD&A, and Financial Statements for FY 2022.
No new financial results or guidance provided; filing is for comparative purposes.

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