Jackson Financial Inc.

The current quarter per share amount reflected higher spread income from growth in average RILA, FIA, and Institutional AUM, higher fee income from growth in average VA AUM, and a reduced share count due to share repurchases.

SEC original ↗Jackson Financial Inc. — Earnings release (8-K exhibit)EX-99Aug 3, 2026

(Parent Company only) net cash provided by (used in) operating activities less preferred stock dividends and capital contributions to PPM or other subsidiaries, plus the return of capital from our subsidiaries.

SEC original ↗Jackson Financial Inc. — Earnings release (8-K exhibit)EX-99Aug 3, 2026

common shareholders $ 644 $ 168 Add dividends on preferred stock 11 11 Add income tax expense (benefit) 5 4 Pretax income (loss) attributable to Jackson Financial Inc.

SEC original ↗Jackson Financial Inc. — Earnings release (8-K exhibit)EX-99Aug 3, 2026

655 179 231 155 Less Dividends on preferred stock 11 11 22 22 Net income (loss) attributable to Jackson Financial Inc.

SEC original ↗Jackson Financial Inc. — Earnings release (8-K exhibit)EX-99Aug 3, 2026

The holding company liquidity includes proceeds from our $750 million senior debt issuance in the second quarter of 2026, which can be used to retire, at or prior to maturity, our $400 million senior notes due 2027 and JNL s $250 million surplus notes due 2027.

SEC original ↗Jackson Financial Inc. — Earnings release (8-K exhibit)EX-99Aug 3, 2026

655 179 231 155 Less: Dividends on preferred stock 11 11 22 22 Net income (loss) attributable to Jackson Financial Inc.

SEC original ↗Jackson Financial Inc. — 10-Q Quarterly report10-QAug 3, 2026

(PPM), our asset management subsidiary, to source higher yielding assets, as well as our strategic partnership with TPG Inc.

SEC original ↗Jackson Financial Inc. — Earnings release (8-K exhibit)EX-99Aug 3, 2026

These sales, combined with a focus on growing PPM s third-party business, contributed to a 21% increase in PPM s assets under management (AUM) from the second quarter of 2025, to more than $100 billion.

SEC original ↗Jackson Financial Inc. — Earnings release (8-K exhibit)EX-99Aug 3, 2026

The per share increase was primarily driven by year-to-date adjusted operating earnings of $0.9 billion, partially offset by capital return during the first half of the year and a higher diluted share count resulting from the common equity issuance during the first quarter related to the initiation of the strategic partnership with TPG.

SEC original ↗Jackson Financial Inc. — Earnings release (8-K exhibit)EX-99Aug 3, 2026

This healthy growth underscores our continued ability to capitalize on robust demand for spread lending, demonstrating the effectiveness of our opportunistic sales strategy and our strong market positioning.

SEC original ↗Jackson Financial Inc. — Earnings release (8-K exhibit)EX-99Aug 3, 2026

In particular, statements regarding plans, strategies, prospects, targets and expectations regarding the business and industry are forward-looking statements.

SEC original ↗Jackson Financial Inc. — Earnings release (8-K exhibit)EX-99Aug 3, 2026

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.

SEC original ↗Jackson Financial Inc. — Earnings release (8-K exhibit)EX-99Aug 3, 2026

Legal Proceedings 133 Item 1A.

SEC original ↗Jackson Financial Inc. — 10-Q Quarterly report10-QAug 3, 2026