Corebridge Financial Inc

We believe that our employees’ dedication, commitment, and engagement are key to our success, and that we foster a constructive and collaborative work environment. Our principal human capital management objectives include attracting, developing, and retaining the highest quality talent. As of December 31, 2024, we had over 5,200 employees, the majority of whom are based in the United States, with a smaller number in Ireland, the United Kingdom, and Bermuda. The following are examples of key programs and initiatives we have implemented to attract, develop, and retain our talent.

COMPETITIVE COMPENSATION AND BENEFITS

We continue to align our employees’ compensation with the Company’s overall performance and provide competitive compensation opportunities to attract and retain highly skilled employees for our various business needs. We provide a performance-driven compensation structure that consists of a base salary and short-term and long-term incentive programs. In addition, we offer comprehensive benefits to support our employees’ health and wellness needs, including subsidized health-care plans, life insurance and disability coverage, wellness and mental health benefits, paid time off, protected family and medical leaves, and matching 401(k) contributions.

HEALTH AND SAFETY

We take appropriate measures to provide a safe and healthy work environment and meet our responsibilities regarding the health, safety, and welfare of employees engaging in Corebridge Financial business activities. Our benefits and wellness programs focus on physical, social, and financial wellness of our employees, and we provide an Employee Assistance program that provides confidential support, counselling, mental health resources, and information to help employees and their dependents through times of stress and anxiety. Additionally, grants through the Corebridge Compassionate Colleague Fund (“CCF”) are available to provide financial assistance to employees experiencing unforeseen financial hardships or distress.

TALENT DEVELOPMENT

We believe that professional development is a positive investment in our talent. Our goal is to build the skills of our employees by providing meaningful opportunities to access learning and development that enhances their abilities to perform in their current and future roles. We have established a library of on-demand learning options, combined with immersive learning experiences, that build skills at all levels. We also offer tuition, certification, and training reimbursement programs to encourage employees to enhance their education, skills, and knowledge for continued growth. We place significant importance on promoting internal talent and succession planning. We conduct an annual review of our talent development plans for each of our functions and operating segments to identify and develop a talent pipeline for positions at all levels of the organization.

CULTURE OF INCLUSION AND BELONGING

We focus on attracting, retaining, and developing talent from all demographics and foster a culture of inclusion and belonging in our workplace. We have a robust Early Careers Program, which includes our summer internship program and a full-time analyst program and partners with schools, non-profits and industry affiliates, which helps build our talent pipeline.

The Company also sponsors Employee Resource Groups (“ERGs”) which bring employees together based on a shared interest and reinforces a culture of inclusion and belonging in our organization. Our ERG network spans multiple dimensions and each ERG is open to all employees.

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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 work with charitable organizations designed to extend financial wellness to all, support healthy and resilient communities.

We partner with local and national organizations to deliver financial education programs to students and adults, with a focus on serving broad populations. Through our sponsorship with Junior Achievement USA, our employees deliver financial literacy and career readiness lessons to participating students. In addition, we developed FutureU Scholars, an initiative that has reached two Texas universities, delivering financial education, career readiness training, mentoring and student scholarship opportunities.

Through partnerships with Prairie View A&M University and Texas Southern University, we leverage the skills, expertise, and enthusiasm of our employees to provide career exploration and preparation, along with coaching and mentoring opportunities, to college students at these universities.

We also offer programs that empower employees to take action in their local communities, including 16 hours of paid Volunteer Time Off. In 2024 employees volunteered nearly 9,000 hours and personally donated to causes and initiatives important to them.

As part of our commitment to promoting financial wellness and community resilience more broadly, we partner with the Foundation for Financial Planning to increase pro bono financial planning for Americans. Our Legal Pro Bono program provides a range of pro bono services, including legal advice and counsel to those who might not have other avenues of assistance available to them.

FINANCIAL SECURITY: HELPING MORE PEOPLE TAKE ACTION IN THEIR FINANCIAL LIVES THROUGH OUR 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 payment 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 continue to be an industry leader and advocate for insurance products and services that can serve the needs of our customers and partners and help ensure financial security for all.

SUSTAINABLE OPERATIONS: A FOCUS ON SUSTAINABILITY

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.