Recent Updates — FG

F&G Annuities & Life provides preliminary estimates for the third quarter ended September 30, 2026, projecting pre-tax investment income from alternative investments between $47 million and $57 million. This range implies an annualized return of approximately 5%, which is significantly lower than management's long-term expected return of 12%. The shortfall represents estimated pre-tax and post-tax figures that are $70 million and $55 million below expectations, respectively. These estimates include mark-to-market movements from limited partnerships, equity interests, and company-owned life insurance reported on a one-quarter lag. Actual results may differ materially as financial closing procedures remain incomplete. F&G Annuities & Life operates in the annuities and life insurance industry.

F&G Annuities & Life, Inc. announced an executive leadership transition effective June 30, 2026, including the retirement of CEO Chris Blunt, who will remain on the Board of Directors. Conor Murphy, the current President and CFO, will succeed as CEO and President. Michael Bailey will join as CFO on August 3, 2026, with a $620,000 sign-on bonus and a $620,000 restricted stock award. Mark Wiltse will serve as Interim CFO until August 3, 2026. F&G Annuities & Life, Inc. is an insurance solutions provider for retail annuity and life customers and institutional clients.