LANSING, Mich.–(BUSINESS WIRE)–Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc.¹ (NYSE: JXN), today launched Jackson Market Link Pro® 4 (JMLP4) and Jackson Market Link Pro Advisory® 4 (JMLPA4), further strengthening Jackson’s suite of registered index-linked annuities (RILAs). JMLP4 (commission-based) and JMLPA4 (fee-based) provide clients the potential to grow assets before and during retirement while offering different degrees of protection, including full principal protection, against unexpected market events. Additionally, Jackson recently made improvements to its flagship traditional variable annuity (VA) product suite, delivering enhanced value and flexibility to financial professionals and their clients.

“Jackson continues our focus on expanding retirement planning options for financial professionals and their clients with these enhancements to our RILA and traditional VA product suites,” said Alison Reed, EVP, Head of Distribution, Jackson National Life Distributors LLC (JNLD), the marketing and distribution business of Jackson. “By being the first in the industry to introduce the Dow Jones Industrial Average (DJIA) as an index option with a RILA, offering clients the ability to add funds to an existing contract and adding a guaranteed cap crediting method that locks in rates for six premium years, we’re empowering clients with more choice and confidence in their investment strategies.”

JMLP4 and JMLPA4 enhancements include the following:

• DJIA Index Option: The addition of the DJIA as an index option provides clients with another avenue to invest their funds in accordance with their unique values and investment preferences and is now available alongside the S&P 500, Russell 2000, Nasdaq-100, MSCI EAFE and MSCI Emerging Markets. Jackson will not restrict which index options can be selected with each crediting method or protection option, enabling clients to adjust their allocations without triggering unwanted tax consequences and invest in what aligns with their priorities².
• Flexible Premiums: JMLP4 and JMLPA4 are the first RILA products offered at Jackson designed to allow flexible premiums. This feature allows clients to add funds to an existing contract without submitting a new application, providing a more streamlined and convenient way to invest additional assets.
• Guaranteed Cap Crediting Method³: Clients can lock in a cap rate removing any concern with what the renewal rate will be for the entire guarantee period, which is the first six premium years. This feature is only available on the 1- and 3-year terms with a 10% buffer.
• Full or Partial Performance Lock: With a performance lock, clients can choose to lock in all (full performance lock) or a portion (partial performance lock) of their interim value at any point during the index account option term. In practice, the value at the lock-in point moves to a performance lock holding account where amounts earn a declared rate of interest until the next premium allocation anniversary⁴, when it can be reallocated.
• Rate Enhancement Option⁵: At contract issue, for an additional charge, consumers can elect a rate enhancement option on all available terms, crediting methods, and protection options, providing the opportunity for greater growth.

In addition to these enhancements, Jackson’s JMLP RILA suite offers the following competitive features:

• Full Principal Protection: The JMLP4 suite offers a 100% buffer (30% buffer in New York) protection option for the 1-year cap, 3-year cap, 6-year cap and 1-year performance trigger crediting methods, in addition to 10% and 20% options. The level of protection depends on the crediting method selected⁶.
• Flexible Index Account Option Terms: Jackson offers 1-year, 3-year and 6-year index account option terms⁷. Any gains or losses in the tracked index(es) (described above) are calculated at the end of the term, and the contract value is adjusted accordingly.
• Multiple Crediting Methods: Jackson offers a diverse menu of crediting methods that allows consumers the ability to customize their contract both in terms of growth potential and protection level. In addition to the guaranteed cap crediting method, Jackson offers three additional crediting methods – cap, performance boost⁸ and performance trigger.
• Enhancements to Extended Care⁹ and Terminal Illness¹⁰ Waivers: Beginning with JMLP4, there is no limit on the frequency of withdrawals that can be made utilizing these waivers and no cap on the amount of money that can be withdrawn.
• Legacy and Cost Control: Through the built-in death benefit¹¹ — available at no additional charge — clients can help protect their retirement assets against market downturns while providing a legacy for beneficiaries. Additionally, with no annual contract fees¹², more investable assets remain in clients’ contracts.

Jackson also recently announced the following enhancement to its suite of VAs as well as a series of fund changes.

• Guaranteed Withdrawal Rates: Jackson has increased Single Life and Joint Life Guaranteed Annual Withdrawal Amount Percentages (GAWA%) across multiple options within its Flex Suite of living benefits and New York Flex Suite of living benefit options, including Flex Core, Flex Net Core, Flex DB Core, and Flex Plus.

“As market conditions and client needs continue to evolve, Jackson is enhancing our industry leading variable annuity lineup to provide financial professionals and their clients with more options and flexibility,” said Brian Sward, EVP, Head of Product Solutions, JNLD. “These enhancements reinforce our commitment to delivering value across a broad range of market environments and reflect Jackson’s ongoing dedication to providing products that support personalized strategies and long-term financial success.”

Financial professionals who would like to learn more about Jackson’s recent product enhancements can contact the company at 1-800-711-7397, connect with their local wholesaler or visit http://www.jackson.com/financial-professional.

ABOUT JACKSON

Jackson® (NYSE: JXN) is committed to helping clarify the complexity of retirement planning—for financial professionals and their clients. Through our range of annuity products, financial know-how, history of award-winning service* and streamlined experiences, we strive to reduce the confusion that complicates retirement planning. We take a balanced, long-term approach to responsibly serving all our stakeholders, including customers, shareholders, distribution partners, employees, regulators and community partners. We believe by providing clarity for all today, we can help drive better outcomes for tomorrow. For more information, visit www.jackson.com.

*SQM (Service Quality Measurement Group) Call Center Awards Program for 2004 and 2006-2025. (Criteria used for Call Center World Class FCR Certification is 80% or higher of customers getting their contact resolved on the first call to the call center (FCR) for three consecutive months or more.)

Jackson® is the marketing name for Jackson Financial Inc., Jackson National Life Insurance Company® (Home Office: Lansing, Michigan) and Jackson National Life Insurance Company of New York® (Home Office: Purchase, New York).

SAFE HARBOR STATEMENT

The information in this press release contains forward-looking statements about future events and circumstances and their effects upon revenues, expenses and business opportunities. Generally speaking, any statement in this release not based upon historical fact is a forward-looking statement. Forward-looking statements can also be identified by the use of forward-looking or conditional words, such as “could,” “should,” “can,” “continue,” “estimate,” “forecast,” “intend,” “look,” “may,” “expect,” “believe,” “anticipate,” “plan,” “predict,” “remain,” “future,” “confident” and “commit” or similar expressions. In particular, statements regarding plans, strategies, prospects, targets and expectations regarding the business and industry are forward-looking statements. They reflect expectations, are not guarantees of performance and speak only as of the dates the statements are made. We caution investors that these forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially from those projected, expressed, or implied. Other factors that could cause actual results to differ materially from those in the forward-looking statements include those reflected in Part I, Item 1A. Risk Factors and Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations in our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the U.S. Securities and Exchange Commission (the “SEC”) on February 24, 2026, and elsewhere in the Company’s reports filed with the SEC. Except as required by law, Jackson Financial Inc. does not undertake to update such forward-looking statements. You should not rely unduly on forward-looking statements.

GENERAL DISCLOSURES

Jackson, its distributors, and their respective representatives do not provide tax, accounting, or legal advice. Any tax statements contained herein were not intended or written to be used and cannot be used for the purpose of avoiding U.S. federal, state, or local tax penalties. Tax laws are complicated and subject to change. Tax results may depend on each taxpayer’s individual set of facts and circumstances. You should rely on your own independent advisors as to any tax, accounting, or legal statements made herein.

Annuities are long-term, tax deferred vehicles designed for retirement and are insurance contracts. Variable annuities and registered index-linked annuities involve investment risks and may lose value. Earnings are taxable as ordinary income when distributed. Individuals may be subject to a 10% additional tax for withdrawals before age 59½ unless an exception to the tax is met.

Guarantees are backed by the claims-paying ability of Jackson National Life Insurance Company or Jackson National Life Insurance Company of New York. They are not backed by the broker/dealer from which this annuity contract is purchased, by the insurance agency from which this annuity contract is purchased or any affiliates of those entities, and none makes any representations or guarantees regarding the claims-paying ability of Jackson National Life Insurance Company or Jackson National Life Insurance Company of New York.

REGISTERED INDEX-LINKED ANNUITY (RILA) DISCLOSURES

This material is authorized for use only when preceded or accompanied by the current contract prospectus. Before investing, investors should carefully consider the investment objectives and risks of the registered index-linked annuity. This and other important information is contained in the current contract prospectus at Jackson.com/ProspectusJMLP4NY for the Jackson Market Link Pro 4 (New York) prospectus, Jackson.com/ProspectusJMLP4 for the Jackson Market Link Pro 4 prospectus, Jackson.com/ProspectusJMLPA4NY for the Jackson Market Link Pro Advisory 4 (New York) prospectus or Jackson.com/ProspectusJMLPA4 for the Jackson Market Link Pro Advisory 4 prospectus.

The “S&P 500®” and the “Dow Jones Industrial Average®” (the “Indices”) are products of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and have been licensed for use by Jackson National Life Insurance Company (“Jackson”) and Jackson National Life Insurance Company of New York (“Jackson of NY”). S&P 500®, SPX®, SPY®, US 500™, The 500™, iBoxx®, iTraxx®, CDX®, The Dow®, DJIA®, and Dow Jones Industrial Average® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Jackson and Jackson of NY. Jackson’s products are not sponsored or sold by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such products, nor do they have any liability for any errors, omissions, or interruptions of the indices.

The Jackson Market Link Pro Suite has been developed solely by Jackson National Life Insurance Company and Jackson National Life Insurance Company of New York. These products are not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). FTSE Russell is a trading name of certain of the LSE Group companies.

All rights in the Russell® 2000 (the “Index”) vest in the relevant LSE Group company which owns the index. Russell® is a trademark of relevant LSE Group company and is used by other LSE Group company under license.

The index is calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the index or (b) investment in or operation of the Jackson Market Link Pro Suite. The LSE Group makes no claim, prediction, warranty or representation as to the results to be obtained from the Jackson Market Link Pro Suite or the suitability of the Index for the purpose to which it is being put by Jackson National Life Insurance Company and Jackson National Life Insurance Company of New York.

The Product referred to herein is not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such Products or any index on which such Products are based. The Contract contains a more detailed description of the limited relationship MSCI has with Jackson National Life Insurance Company and Jackson National Life Insurance Company of New York and any related Products.

Nasdaq®, Nasdaq-100®, Nasdaq-100 Index®, and NDX® are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by Jackson National Life Insurance Company® (“Jackson”) and Jackson National Life Insurance Company of New York (“Jackson of NY”). The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

Registered index-linked annuities (contract form numbers ICC25 RILA310, ICC25 RILA310-CB1, ICC25 RILA312, ICC25 RILA312-CB1, ICC25 RILA315, ICC25 RILA315-FB1, ICC25 RILA317, ICC25 RILA317-FB1) are issued by Jackson National Life Insurance Company (Home Office: Lansing, Michigan) and in New York (contract form numbers RILA310NY, RILA310NY-CB1, RILA312NY, RILA312NY-CB1, RILA315NY, RILA315NY-FB1, RILA317NY, RILA317NY-FB1) by Jackson National Life Insurance Company of New York (Home Office: Purchase, New York) and distributed by Jackson National Life Distributors LLC, member FINRA. May not be available in all states and state variations may apply. These products have limitations and restrictions, including withdrawal charges or market value adjustments. Market value adjustments are not applied in New York. Jackson issues other annuities with similar features, benefits, limitations and charges. Discuss them with your financial professional or contact Jackson for more information.

VARIABLE ANNUITY DISCLOSURES

This material is authorized for use only when preceded or accompanied by the current contract prospectus and underlying fund prospectuses. Before investing, investors should carefully consider the investment objectives, risks, charges, and expenses of the variable annuity and its underlying investment options. This and other important information are contained in the current contract prospectus and underlying fund prospectuses. Please read the prospectuses carefully before investing or sending money.

On the contract anniversary on or immediately following the designated life’s attained age 59½, the for-life guarantee becomes effective provided: 1) the contract value is greater than zero and 2) the contract has not been annuitized. If the designated life is age 59½ on the effective date of the endorsement, then the for-life guarantee becomes effective on that date.

The latest income date allowed on variable annuity contracts is age 95, which is the required age to annuitize or take a lump sum.

Add-on benefits are available for an extra charge in addition to the ongoing fees and expenses of the variable annuity.

Variable annuities (contract form numbers VA775, VA775-CB1, VA775-RLC, ICC18 VA775, ICC18 VA775-CB1, ICC18 VA775-RLC, VA710, VA710-CB1, ICC19 VA710, ICC19 VA710-CB1, VA720, VA720-CB1, ICC19 VA720, ICC19 VA720-CB1, VA790, VA790-FB1, ICC17 VA790, ICC17 VA790-FB1, VA670, VA670-CB1, ICC19 VA670, ICC19 VA670-CB1, VA680, VA680-CB1, ICC19 VA680, ICC19 VA680-CB1, VA785, VA785-FB1, ICC18 VA785, ICC18 VA785-FB1) are issued by Jackson National Life Insurance Company (Home Office: Lansing, Michigan) and in New York (contract form numbers VA775NY, VA775NY-CB1, VA790NY, VA790NY-FB1, VA670NY, VA670NY-CB1, VA785NY, VA785NY-FB1) by Jackson National Life Insurance Company of New York (Home Office: Purchase, New York). Variable products are distributed by Jackson National Life Distributors LLC, member FINRA. These contracts have limitations and restrictions. Jackson issues other annuities with similar features, benefits, limitations, and charges. Discuss them with your financial professional or contact Jackson for more information.

Products and features may be limited by state availability, and/or your selling firm’s policies and regulatory requirements (including standard of conduct rules).