Jackson Financial recasts 2022 and 2021 financials under new LDTI accounting standard

Jackson Financial Inc.

Recast Annual Report on Form 10-K for fiscal years ended Dec 31, 2022 and 2021 to reflect adoption of ASU 2018-12 (LDTI).
Modified retrospective adoption applied, except full retrospective for market risk benefits.
Recast impacts Part II, Item 7 (MD&A) and Item 8 (Financial Statements) of the 2022 10-K.
Exhibit 99.1 contains the recast financial statements; does not reflect events after March 1, 2023.
More current information available in Q1 2023 10-Q filed May 9, 2023.

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