FNF to distribute 16M shares (12% of FG) to FNF shareholders as special dividend

F&G Annuities & Life, Inc.

Distribution of ~16M FG shares owned by FNF, representing ~12% of FG's outstanding common stock.
Record date Dec 17, 2025; distribution date Dec 31, 2025; ratio ~6 FG shares per 100 FNF shares.
Intended as taxable dividend to FNF shareholders; no fractional shares, cash in lieu.
Distribution aims to unlock FG shareholder value and enhance market liquidity.
No vote or action required by FNF shareholders; shares credited in book-entry form.

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