Globe Life

common stock at a total cost of $226 million were repurchased during the quarter.

SEC original ↗Globe Life — Earnings release (8-K exhibit)EX-99Jul 23, 2025

It excludes the investment segment, interest on debt, Parent Company expense, stock compensation expense and income taxes.

SEC original ↗Globe Life — Earnings release (8-K exhibit)EX-99Jul 23, 2025

We also view excess investment income per diluted common share as an important and useful measure to evaluate performance of the investment segment, since it takes into consideration our stock repurchase program.

SEC original ↗Globe Life — Earnings release (8-K exhibit)EX-99Jul 23, 2025

Generally, a higher LTV ratio and a lower debt service coverage ratio equate to higher risk of loss.

SEC original ↗Globe Life — 10-Q Quarterly report10-QAug 5, 2026

June 30, 2026 Recorded Investment Debt Service Coverage Ratios (1) <1.00x 1.00x 1.20x >1.20x Total % of Gross Total Loan-to-value ratio (2) : Less than 70% $ 84,531 $ 55,879 $ 282,207 $ 422,617 98 70% to 80% 81% to 90% Greater than 90% 7,662 7,662 2 Total $ 92,193 $ 55,879 $ 282,207 430,279 100 Less allowance for credit losses ( 4,766 ) Total, net of allowance for credit losses $ 425,513 (1) Annual net operating income divided by annual mortgage debt service (principal and interest).

SEC original ↗Globe Life — 10-Q Quarterly report10-QAug 5, 2026

has guaranteed letters of credit in connection with its credit facility with a group of banks as disclosed in Note 11 Debt .

SEC original ↗Globe Life — 10-Q Quarterly report10-QAug 5, 2026

For additional information contact Mike Majors, Executive Vice President - Policy Acquisition and Chief Strategy Officer Globe Life Inc.

SEC original ↗Globe Life — Earnings release (8-K exhibit)EX-99Jul 23, 2025

Such events or developments could include, but are not necessarily limited to 1) Economic and other conditions, including the impact of inflation, immigration, geopolitical events, escalating tariff and non-tariff trade measures imposed by the U.

SEC original ↗Globe Life — Earnings release (8-K exhibit)EX-99Jul 23, 2025

Readers are also directed to consider other risks and uncertainties described in other documents on file with the Securities and Exchange Commission, including those described in the Risk Factors section of our most recent Annual Report on Form 10-K.

SEC original ↗Globe Life — Earnings release (8-K exhibit)EX-99Jul 23, 2025

Legal Proceedings 91 Item 1A.

SEC original ↗Globe Life — 10-Q Quarterly report10-QAug 5, 2026

If uncertainty exists under the guidance issued in Subtopic 350-40 then a probable to complete threshold will not exist and any costs would be expensed until uncertainties are resolved.

SEC original ↗Globe Life — 10-Q Quarterly report10-QAug 5, 2026

Litigation : The Company, as is common with the insurance industry in general, is subject to litigation, including: putative class action litigation; alleged breaches of contract; torts, including bad faith and fraud claims based on alleged wrongful or fraudulent acts of agents of Globe Life Inc.

SEC original ↗Globe Life — 10-Q Quarterly report10-QAug 5, 2026

Based upon information presently available, and in light of legal and other factual defenses available to the Company, management does not believe that it is reasonably possible that such litigation will have a material adverse effect on Globe Life Inc.

SEC original ↗Globe Life — 10-Q Quarterly report10-QAug 5, 2026