Corebridge: AIG to sell 32.6M shares; Corebridge to buy back 16.1M shares at $31.03 each

Corebridge Financial, Inc.

AIG to sell 32.6M CRBG shares to J.P. Morgan at $31.03/share under agreement dated Nov 4, 2025.
Corebridge will repurchase 16,113,438 shares from underwriter at the same price, totaling ~$500M.
Secondary offering reduces AIG's stake; Corebridge buyback signals capital return to shareholders.
Underwriting agreement filed as Exhibit 1.1; legal opinion on share validity included.

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