Corebridge Financial Inc

Our parent company, AIG, has a strong environmental, social and governance (“ESG”) foundation focused on community resilience, financial security, and sustainable operations. As we become a stand-alone business, we plan to leverage this framework as a starting point, and evolve our approach over time in line with our industry, geographic and business focus.

COMMUNITY RESILIENCE: TAKING ACTION THROUGH PHILANTHROPY AND VOLUNTEERISM

Operating as a responsible corporate citizen is central to our success as a business. We are committed to making a positive difference in the communities where we work, live and serve our customers. We create charitable partnerships designed to extend financial wellness to all, support healthy and resilient communities, and develop a diverse and inclusive workforce.

We partner with local and national organizations to deliver financial education programs to students and adults, with a focus on serving diverse populations. Through our sponsorship with Junior Achievement USA our employees deliver financial literacy and career readiness lessons to under-served K-12 students. We empower young women through leadership, education, advocacy and mentoring with Rock the Street, Wall Street, a financial and investment literacy program designed to bring both gender and racial equity to the financial markets and spark the interest of high school students into careers of finance. We developed FutureU Scholars, a multi-faceted initiative that has reached more than 10,000 students at 59 Houston-area high schools and two Texas universities, delivering financial education, career readiness training, mentoring and scholarships for students.

Our partnerships with HBCU First, Prairie View A&M University and Texas Southern University leverage the skills, expertise, and enthusiasm of our employees to provide career exploration and preparation, along with coaching and mentoring opportunities, to underrepresented college students.

We also offer programs that empower employees to take action in their local communities, including 16 hours of paid Volunteer Time Off. In 2023, employees volunteered more than 14,000 hours and personally donated to causes and initiatives important to them and Corebridge.

As part of our commitment to promoting financial wellness and community resilience more broadly, we also partner with the Foundation for Financial Planning to increase pro bono financial planning for at-risk Americans. Our Legal Pro Bono provides various pro bono services, including legal advice and counsel to low-income clients, helping them take action to help secure their families’ financial futures.

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FINANCIAL SECURITY: HELPING MORE PEOPLE TAKE ACTION IN THEIR FINANCIAL LIVES THROUGH POWERFUL PRODUCTS, SOLUTIONS AND PARTNERSHIPS

We proudly partner with financial professionals and institutions to help more people take action in their financial lives. We offer products, resources and information to assist people with their financial planning, including access to professional guidance, financial literacy and education and online tools and resources.

With fewer individuals covered by traditional pension plans, annuities can fill a gap in retirement portfolios by providing a monthly check for as long as a person lives, no matter how the market performs. We are a leading provider of annuity products that offer the opportunity for growth, principal protection and protected income for life. We are also a founding member of the Alliance for Lifetime Income, a non-profit educational organization that educates Americans about the value and importance of having protected lifetime income in retirement.

As a life insurance and annuity provider, we help customers think about “longevity risk” — the possibility that people could deplete their retirement savings as they manage the healthcare, long-term care (“LTC”) and financial planning challenges that come with longer lifespans. In the United States, we offer life insurance products with accelerated death benefits that can be used to cover financial needs during one’s later retirement years.

We will continue to be an industry leader and advocate for insurance products and services that will serve the needs of our customers and partners, and help ensure financial security for all.

SUSTAINABLE OPERATIONS: A FOCUS ON SUSTAINABILITY

Sustainability is focused on protecting the future, and that’s at the heart of what we do: With a broad portfolio of products offered through partners and advisors, we help people envision their future.

Long-term business sustainability is critical to our ability to meet our customers’ needs, particularly in light of demographic trends driving the need for longer-term financial wellness. The backbone of our sustainability is a diversified, well-managed product line with a balanced and diverse approach to product distribution. Our multi-layered approach also relies on responsible governance, capital management with a view toward our long-term commitments, dynamic pricing, a risk-managed investment portfolio and hedging of market risks where applicable and economically prudent.