FNF to distribute 12% of F&G stock to FNF shareholders at 6:100 ratio

F&G Annuities & Life, Inc.

Distribution of 16,280,204 F&G shares (approx 12% of FG outstanding) to FNF holders of record Dec 17.
FNF shareholders receive six FG shares for every 100 FNF shares held; fractional shares paid in cash.
Distribution date is Dec 31, 2025; structured as taxable dividend for U.S. federal income tax purposes.
No action required by FNF shareholders; shares credited in book-entry form via brokers or nominees.
FNF will still own approx 88% of F&G after the distribution; no change in control.

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