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Brighthouse Financial, Inc.

For the period ended Dec 31, 2025. Filed Feb 24, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 24, 2026

BHF$43.99+3.3%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 1A. Risk Factors

Index to Risk Factors

Page
Overview37
Risks Related to the Merger37
Risks Related to Our Business38
Economic Environment and Capital Markets-Related Risks48
Risks Related to Our Investment Portfolio51
Regulatory and Legal Risks55
Operational Risks57
Risks Related to Our Separation from, and Continuing Relationship with, MetLife60
Risks Related to Our Securities61
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.