Corebridge closes variable annuity reinsurance and SAAMCo sale to Venerable

Corebridge Financial, Inc.

Final portions closed Jan 1-2, 2026: USL reinsurance (100% of liabilities) and SAAMCo sale to Venerable.
Largest component, AGL variable annuity block, closed in August 2025.
All transactions under Master Transaction Agreement are now complete.

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