Corebridge Financial, Inc.

In addition to the other information set forth in this Quarterly Report, you should carefully consider the risk factors discussed in “Risk

Factors” inour 2025 Form 10-K and in our first quarter 2026 Form 10-Q. There have been no material changes in Corebridge’s risk

factors from those disclosed in "Risk Factors" in the 2025 Form 10-K. and in the first quarter 2026 Form 10-Q.

Corebridge |Second Quarter 2026 Form 10-Q 138

Proceeds

The following table provides information about purchases made by or on behalf of Corebridge Parent or any “affiliated purchaser” (as

defined in Rule 10b-18(a)(3) under the Exchange Act) of Corebridge Parent common stock during the three months ended June 30,

2026:

*Excludes excise tax of$3.0 million due to the Inflation Reduction Act of 2022 for the three months ended June 30, 2026.

On May 4, 2023, our Board of Directors authorized a $1.0 billion Share Repurchase Program (“Program”) which has subsequently

been expanded. Most recently, on June 23, 2025, our Board of Directors authorized an additional $2.0 billion increase in the share

repurchase amount under the Program. Under this Program, Corebridge Parent may, from time to time, purchase shares of

Corebridge Parent common stock but is not obligated to purchase any particular number of shares. The authorization for the Program

may be terminated, increased or decreased by the Board of Directors at any time.

Under the Program, shares may be repurchased from time to time in the open market, through private purchases, through forward,

derivative, accelerated repurchase or automatic repurchase transactions or otherwise. For instance, on February 12, 2026, we

purchased an aggregate of approximately $750 million of shares from AIG in a privately negotiated transaction. In addition, certain of

our share repurchases have been and may from time to time be effected through Exchange Act Rule 10b5-1 repurchase plans. The

timing of any future share repurchases will depend on market conditions, our business and strategic plans, financial condition, results

of operations, liquidity and other factors.

On May 3, 2026, we mutually agreed with Equitable to waive certain of the restrictions under the merger agreement to permit the

repurchase by Corebridge and Equitable of Corebridge common stock and Equitable common stock, respectively, during the

pendency of the Mergers (including, but not limited to, the period from the filing with the SEC of the preliminary proxy statement/

prospectus related to the Mergers until the commencement of mailing of the definitive preliminary proxy statement/prospectus). There

can be no assurance that we will determine to make such share repurchases during the above noted time period and if undertaken,

the volume, pricing, timing and method of repurchases of shares of our common stock will be at our discretion.

During the three months ended June 30, 2026, Corebridge Parent repurchased approximately 11 million shares of Corebridge Parent

common stock, par value $0.01 per share, for an aggregate purchase price of$300 million, pursuant to the Program.

As of June 30, 2026, approximately$1.0 billion remained under the Program authorizations.

For additional information related to share repurchases see Note 16 to the Condensed Consolidated Financial Statements.