Jake and Jess Raider

Gary Scholnick From:

Gary Scholnick

Sent:

Monday, November 21, 2022 1:51 PM Jessica Richardson; dawnpatrol37@aol.com

To: Cc:

Kristen Baro

Subject:

RE: Life Insurance Recommendation

Jake - 200000 Base Whole Life 2022 11 21.pdf; Jake - 200000 Base plus Excess Funding 2022 11 21.pdf; Jake - 200000 Base plus Excess Funding Flexibility 2022 11 21.pdf; Jake - 1800000 30 Year Level Term 2022 11 21.pdf; Jess - 1000000 30 Year Level Term 2022 11 21.pdf

Attachments:

Hi Jake and Jess

Set out below are Monthly and Annual Premiums for all three coverage amounts. Automatic Bank Draft is required for regular monthly premium modes. The Voluntary Additional deposit is recommended (but not required) to be paid monthly. All else remains unchanged from our earlier discussions. I have included revised Home Office Illustrations for your file and to review with me by phone. Let’s plan to connect tomorrow evening to answer questions, review increased funding flexibility from the voluntary deposits and perfect our action plan.

Please and Thank you!

Gary

Premium Mode

Face

Jake Raider

Amount

Monthly

Annual

Whole Life

200,000

Recurring Premium Voluntary Additional

213.72 256.18

2,490 3,074

WL Total

469.90

5,564

30 Year Level Term

1,800,000

140.59

1,638

Jess Raider

30 Year Level Term

1,000,000

105.57

1,230

Total 3 Policies

716.06

8,432

1

Whole Life 99 Life Insurance Illustration

Prepared for: Jacob Raider

Gary H Scholnick, CLU ChFC Advanced Income Strategies LLC 6632 Telegraph Road Suite 372 Bloomfield Hills, MI 48301 Phone: 248 723 1020 Fax: 248 723 1022 E-Mail: gary@adv-income.com

Home Office: The Guardian Life Insurance Company of America 10 Hudson Yards New York, NY 10001 1-888-GUARDIAN (1-888-482-7342)

Illustration: 2021-121800

November 21, 2022

Version: 2.40.0

Page: 1 of 19

Guardian Life Insurance Illustration Narrative Summary Jacob Raider, Male Age 28, Preferred NT

Death Benefit

Annual Premium **

$200,000

Whole Life 99

$2,430.00

Other Benefits

Enhanced Accelerated Benefit Rider Index Participation Feature (0% initial allocation) Waiver of Premium

$60.00

Total First Year Premium

$2,490.00

Dividend Option: Paid Up Additions (D)

Plan Overview:

The following is a general description of the proposed benefits. The complete terms and conditions are shown in the policy. • Whole Life Insurance Policy, Generic Form Number: 21-WL; ICC21-WL. • A permanent life insurance policy with cash value. Qualifies for annual dividends. • Level guaranteed death benefit for the insured's lifetime. • Level guaranteed premium payable to age 99. • Dividends are used to purchase additional paid-up insurance (PUA's). PUA's purchased with dividends will increase the cash value and the death benefit. • Accelerated Benefit Rider, Generic Form Number: 01-R111 (2001 CSO). • Provides coverage by advancing a portion of the death benefit for Chronic and Terminal Illnesses, if qualifying triggers are met. • Cost of rider is in the form of lien carrying charges. • A one time fee is deducted from the first accelerated benefit paid from the policy. • The Total Lien Limit for Chronic Illness is the cash value plus a percentage (based on the insured's age at the time of the first claim) of the difference between the death benefit and the cash value. • The Total Lien Limit for Terminal Illness is the cash value plus 80% of the difference between the death benefit and the cash value. • This policy may be encumbered by a collateral assignment. If such an assignment exists at the time the Enhanced ABR is exercised, both the assignor and assignee must sign the request to accelerate the death benefit. A check will be issued jointly to both parties; alternatively, written notification may be submitted with payment instructions which is signed by both the assignee and the assignor giving the payment instructions. • Index Participation Rider, Generic Form Number: 15-IPR. • Provides the option to apply an index adjustment to the dividend payable under the policy. The adjustment is based on an external index and the cash value of paid-up additions that are allocated under this rider. • While there is no direct out-of-pocket premium for this rider, there is a rider charge that is deducted when an index period is created. The rider charge is paid through the surrender of paid-up additions; the illustration is based on the assumption that the rider charge is paid at the beginning of the year that the index period ends. See Index Participation Feature Disclosure for the current and guaranteed rider charge percentages. • The rider ends at age 100. • See Index Participation Disclosure for more details.

Whole Life 99 (2021 Series):

Dividend Option: • Paid Up Additions (D)

Enhanced ABR:

Index Participation Feature:

November 21, 2022 ID:5797/Case ID:22074630 Version: 2.40.0

Page: 2 of 19

Guardian Life Insurance Illustration Narrative Summary

Waiver of Premium:

• Waiver of Premium Rider, Generic Form Number: 18-WP WL. • Premiums will be waived while the insured is totally disabled, if the disability is continuous for at least six months. Premiums will be waived for as long as the disability continues. If the disability begins before age 60 and continues to age 65, all remaining policy premiums will be waived. However, if the disability begins between ages 60 and 64, premiums will be waived to the later of 2 years from the start of the disability, or age 65. The rider terminates at age 65 unless premiums are being waived. • The premium for this rider is payable for 37 years. • If the insured is disabled prior to age 60, an "own occupation" definition of disability applies for the earlier of the first 7 years or to age 64. If the disability begins at or after age 60, the "own occupation" definition applies for the later of 2 years or to age 65.

Important Notes: All whole life insurance policy guarantees are subject to the timely payment of all required premiums and the claims paying ability of the issuing insurance company. Unless otherwise specified, policy values are not guaranteed.

* This is a participating policy. A participating policy is eligible to receive a dividend, provided the policy contributes to the divisible surplus. This policy's share, if any, of the divisible surplus is determined yearly by Guardian in the sole discretion of Guardian's Board of Directors and is payable as a dividend on the next Policy Anniversary, provided this policy is then in force. There is no guaranteed method for the determination or allocation of divisible surplus and the assumptions on which non-guaranteed elements are based are subject to change by the Company. ** This illustration was run assuming a mode of Annual. All premium and other payments are deemed to be made on policy anniversaries. Refer to the end of the Tabular Detail report for the billed amount based on the mode selected.

This illustration is based on the following premium mode changes:

Premium Mode Guard-O-Matic Annual

Year 1 to 38 Year 39 to 93

Figures depending on dividends are based on the 2022 dividend scale and are not guaranteed. This illustration assumes that the currently illustrated non-guaranteed elements, including dividends, will continue unchanged for all years shown. This is not likely to occur and the actual results may be more or less favorable than those shown. We reserve the right to adjust our method or formula for the determination and allocation of the dividend. Based upon our current methodology, Paid-up Additions could lower the overall policy dividend at a dividend interest rate less than 4%. The dividend interest rate is one factor used in determining the investment component of the dividend.

The Numeric Summary report shows the values under three sets of assumptions. In each scenario, the values are based on paying the premium every year and taking no loans or other distributions.

November 21, 2022 ID:5797/Case ID:22074630 Version: 2.40.0

Page: 3 of 19

Guardian Life Insurance Illustration Narrative Summary

Guaranteed:

The columns show the values assuming that no dividends are ever paid. The guaranteed cash values are based on an interest rate of 3.00% to age 100 and 0% thereafter. The premiums for any riders as well as the Index Participation Feature charge are shown at their guaranteed maximum cost. For the Index Participation Feature, the assumed index adjustment rate is zero. • The Annual Premium column shows the maximum annual premium for the base policy and any riders at the beginning of the year. • The Cash Value column shows the guaranteed cash surrender value of the base policy and any riders at the end of the year. • The Death Benefit column shows the guaranteed death benefit of the base policy and any riders at the end of the year. Non-Guaranteed - Current - Illustrated benefits and values that are not guaranteed. The columns show the values based on the 2022 dividend scale. The premiums for any riders are shown at their non-guaranteed scheduled rate. For the Index Participation Feature, the assumed index interest rate for the Numeric Summary and Tabular Detail is 7.96%. • The Net Premium column shows the amount paid (or received) at the beginning of the year based on current assumptions. • The Cash Value column shows the values at the end of the year based on current assumptions. • The Death Benefit column shows the death benefit at the end of the year based on current assumptions. Non-Guaranteed - Intermediate - Illustrated benefits and values that are not guaranteed. The columns show the values assuming dividends at 50% of the dividends contained in the current illustrated scale. The premiums for any riders are shown at a rate half way between the non-guaranteed scheduled rate and the guaranteed maximum cost, if applicable. If positive, the index adjustment rate for the Index Participation Feature is equal to half of the index adjustment rate that was applied under the current scenario. Otherwise, the index adjustment rate is equal to the index adjustment rate that was applied under the current scenario. • The Net Premium column shows the amount paid (or received) at the beginning of the year based on intermediate assumptions. • The Cash Value column shows the values at the end of the year based on the intermediate assumptions. • The Death Benefit column shows the death benefit at the end of the year based on intermediate assumptions.

Current:

Intermediate:

The Planning Concept report is based on the 2022 dividend interest rate and current assumptions.

The Planning Concept report is based on the following information related to the Index Participation Feature (IPF):

Schedule of Hypothetical Index Returns:

Year 1 To 72

Annual Return of 7.96%

This illustration is based on the following schedule of allocation percentages related to the Index Participation Feature:

Year 1 To 71

0%

November 21, 2022 ID:5797/Case ID:22074630 Version: 2.40.0

Page: 4 of 19

Guardian Life Insurance Illustration Narrative Summary

Any request to change the allocation percentage must be received by the Home Office at least 10 days prior to the Index Start Date. The illustrated end-of-year values are based on the assumption the policyholder does not start a new index period in the months preceding a policy surrender. If a new index period is created, the surrender value is reduced by the index charge. 5% Interest Adjusted indices are shown on the Tabular Detail report. They are based on the base policy only and do not include any supplemental coverages. These indices are useful in comparing policies of similar types. A low index number represents a lower cost than a higher index number. See the Life Insurance Buyer's Guide for further information. Guardian's current Individual Life Dividend Scale meets the requirements of the National Association of Insurance Commissioners (NAIC) Life Insurance Model Regulation and is not more favorable than the lesser of, (i) the Disciplined Current Scale or (ii) the currently payable scale. The maximum illustrated index interest rate is in compliance with Actuarial Guideline 49-A. The end-of-year dividend amount is included in the Cash Value of All Adds column, even if a dividend option other than Paid Up Additions is elected. Interest on policy loans is payable in advance. Initially, this policy provides for a fixed loan interest rate of 5.00%. Then, the owner will have a one-time ability to elect to change the loan interest rate to a variable loan interest rate. This election can only be made during the Election Period described in the policy. If the election to change to a variable loan interest rate is not exercised, the policy will continue to use the 5.00% fixed loan interest rate through year 37 at which time the fixed loan interest rate will decrease to 3.50%. If the variable loan interest rate is elected, the interest rate charged on all loan balances may change for your policy as often as annually, and as described in the policy. The maximum loan interest rate will never exceed the greater of 4.00% or the Moody's Corporate Bond Yield Average Index. Guardian may declare a rate that is less than the guaranteed maximum loan interest rate at its sole discretion. For purposes of this illustration, the July 2022 Moody's Corporate Bond Yield Average Index was used in the determination of the maximum variable loan interest rate. When a fixed loan interest rate is used in this policy, any dividends can be affected by policy loans. When a variable loan interest rate is used in this policy, any dividends will not be affected by policy loans. The cost of this policy over a period of years cannot be determined without taking into account the interest that would have been earned on the premiums if they had been invested rather than paid to Guardian. This policy as shown on the Planning Concept report will not become a Modified Endowment Contract (MEC). The term MEC is designated under federal tax law. If a policy becomes a MEC, surrenders, withdrawals, loans and collateral assignments will be taxed less favorably than for non MEC. The currently declared variable loan interest rate is 4.67%.

If the policy lapses or is surrendered, any outstanding loans considered gain in the policy may be subject to ordinary income taxes.

Withdrawals above the cost basis may result in taxable ordinary income.

It may violate federal law to use policies whose rates vary by gender in qualified plans.

November 21, 2022 ID:5797/Case ID:22074630 Version: 2.40.0

Page: 5 of 19

Guardian Life Insurance Illustration Narrative Summary

Life insurance contract death benefits are generally excludable from the income of the recipient. However, if the policy is considered "Employer Owned Life Insurance" (EOLI) under the Internal Revenue Code, the benefit may be considered taxable. Under certain circumstances, this tax treatment applies to individually owned policies as well as employer owned policies. Your agent can provide you with the form EOLINOTICE101J0809 Notice & Consent for Employer Owned Life Insurance. Contact your tax advisor for details about complying with the regulation.

Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation.

The Planning Concept report shows the results using the current dividend scale to reduce the required number of cash premiums. The owner may have to pay premiums for a longer period or resume them at a later date. This could occur when actual future dividends are lower than those in the illustration or if the owner does not make the outlays illustrated. Since dividends can be affected by Policy Loans, any borrowing could also result in the need for additional premium payments.

The tax bracket is assumed to be 28% for all years.

The product(s) presented in this illustration may not be available in your state. Any application for an unapproved product will be declined.

This illustration is only valid for use in Michigan. This illustration may not be valid if it is more than two weeks old. This illustration is complete only if all pages are attached and the producer's name, address and signature appear.

We strive to ensure the accuracy of this illustration; however, if there is a discrepancy between the illustration and the contract, the contract governs.

© Copyright 2021 The Guardian Life Insurance Company of America.

Guardian® is a registered trademark of The Guardian Life Insurance Company of America®. This illustration and the information contained therein is intended solely for the use of duly authorized employees and agents of The Guardian Life Insurance Company of America or any of its affiliated insurance companies ("Guardian"). This illustration and any information entered into, provided by or generated from this system is not to be altered, edited, downloaded or otherwise marked and is to be presented in its entirety in the format developed by the system. If information is being downloaded or exported using this site's capabilities, the information downloaded or exported may only be shown to a client if presented in a format that is approved through the Company's Advertising Compliance Review System (ACRS) and is presented in conjunction with a full basic illustration. Some information may be considered private information and all users should adhere to Guardian's privacy rules and protocols for proper handling. Any use of this illustration or the information contained therein in a manner contrary to the rules contained herein may be in violation of state or federal regulations and/ or Guardian policy, and appropriate action will be taken to address. Guardian Proposal System TM ("GPS") is the exclusive property of The Guardian Life Insurance Company of America ("Guardian") and its licensors, and is only to be used for internal purposes and not to be distributed to the general public. GPS may not be copied in whole or in part without Guardian's Legal Department's prior written authorization.

November 21, 2022 ID:5797/Case ID:22074630 Version: 2.40.0

Page: 6 of 19

Guardian Life Insurance Illustration Narrative Summary

Symbol Definitions:

# ## * @ This symbol indicates values shown are Beginning-of-Year. This symbol indicates values shown are End-of-Year. This symbol indicates values are non-guaranteed and may be affected by dividends. This symbol indicates that a premium is payable unless the Guaranteed Annual Premium is shown as 0.

November 21, 2022 ID:5797/Case ID:22074630 Version: 2.40.0

Page: 7 of 19

Guardian Life Insurance Illustration Index Participation Feature Disclosure

Index Participation Feature Description:

The Index Participation Feature (IPF) is a rider that provides for a dividend adjustment that is linked to the performance of an external index. Policyholders can allocate between 0% and 100% of the cash value of paid-up additions (PUA) to the IPF each year. The IPF provides an adjustment to the dividend paid under the policy. This adjustment, subject to the cap rate and floor (shown below), may be positive or negative based on the S&P 500 Price Return index~ performance. Adverse market performance can create negative dividend adjustments which may cause lower overall cash values than would otherwise have accrued had the IPF not been selected. While the adjustment provided by this rider is affected by the S&P 500 Price Return index, it does not participate in any stock or equity investment of the S&P 500 Price Return index. Because the IPF is not a security registered with the Securities and Exchange Commission, agents do not need a securities license to sell it. The dividend after the adjustment provided under this rider will never be less than zero and the base policy guaranteed cash value will not be impacted. You elect an Allocation Percentage, which is the percentage of paid-up additions that will participate in the index. At any time you can change the Allocation Percentage. An index period will be created once a year approximately 30 - 60 days prior to your policy anniversary. The allocation percentage that is in effect at that time will determine the amount of paid-up additions that will be used to calculate the index adjustment provided under this rider. The schedule of allocation percentages that this illustration is based on is shown in the Narrative Summary report.

Index: S&P 500 Price Return index, which excludes dividends Index crediting Method: Annual Point to Point Index Period: One-year

The illustration is based on the following current non-guaranteed assumptions. These elements are assumed to remain unchanged for all years shown. THIS IS NOT LIKELY TO OCCUR AND THE ACTUAL RESULTS MAY BE MORE OR LESS FAVORABLE THAN THOSE SHOWN.

Current Floor: 4.00% Current Cap: 11.00% Current Participation Rate: 100% Current Rider Charge: 2.00%

While we have the right to change the above assumptions, they are subject to the following guaranteed assumptions.

Guaranteed Minimum Floor: 4.00% Guaranteed Minimum Cap: 8.00%

Guaranteed Minimum Participation Rate: 100% Guaranteed Maximum Rider Charge: 3.00%

Policy loans and surrenders of paid-up additions may reduce the basis on which the adjustment under this rider is made. If a loan or withdrawal is made where there is reduction to the index adjustment basis (except for withdrawals to pay a policy premium due on the anniversary) any rider charge that was paid based on the original index adjustment basis will not be refunded. The illustration may adjust the Allocation Percentage when loans or withdrawals are illustrated in order to avoid a reduction in the index adjustment basis. Any such changes are detailed earlier in the Narrative Summary. The Non-Guaranteed - Current columns of the Numeric Summary and Tabular Detail reports assume, after the assessment of the rider charge, an index interest rate of 7.96% in all years. This is equivalent to an index interest rate of 5.80% assuming a rider charge of zero.

November 21, 2022 ID:5797

Version: 2.40.0

Page: 8 of 19

Guardian Life Insurance Illustration Index Participation Feature Disclosure

~ The S&P 500 Price Return Index "the Index" is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI"), and has been licensed for use by The Guardian Life Insurance Company of America ("the Company"). Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). The trademarks have been licensed to SPDJI and have been sublicensed for use for certain purposes by the Company. The Index Participation Rider (IPR) is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, any of their respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of policies that contain the IPR or any member of the public regarding the advisability of investing in securities generally or the ability of the Index to track general market performance. S&P Dow Jones Indices only relationship to the Company with respect to the Index is the licensing of the Index and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The Index is determined, composed and calculated by S&P Dow Jones Indices without regard to the Company or the IPR. S&P Dow Jones Indices has no obligation to take the needs of the Company or the owners of policies that contain the IPR into consideration in determining, composing or calculating the Index. S&P Dow Jones Indices is not responsible for and has not participated in the determination of the prices, and adjustments associated with the IPR or the timing of the issuance or sale of the IPR or in the determination or calculation of the equation by which IPR is to be converted into cash, surrendered or redeemed, as the case may be. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of the IPR. There is no assurance that investment products based on the Index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a security within an Index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor is it considered to be investment advice. S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE INDEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY THE COMPANY, OWNERS OF THE POLICIES WHICH CONTAIN THE IPR, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND THE COMPANY, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.

November 21, 2022 ID:5797

Version: 2.40.0

Page: 9 of 19

Guardian Life Insurance Illustration Index Participation Feature Disclosure

Index Participation Historical Rates To help you understand how the Index Adjustment works, the example below shows the Index Interest Rate that would have been used in calculating the rate used for the index adjustment each year from 2002 through 2021 for an Index Period starting on January 1 of each year, assuming a 100% participation rate and the current Cap of 11.00% with a Floor of 4.00%.

Index

Index

Performance

Interest

Beginning S&P

Ending S&P

Year

Value

Value

Rate

Rate

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

1,148.08

879.82

-23.37% 26.38% 8.99% 3.00% 13.62% 3.53% -38.49% 23.45% 12.78% 0.00% 13.41% 29.60% 11.39% -0.73% 9.54% 19.42% -6.24% 28.88% 16.26% 26.89%

4.00% 11.00% 8.99% 4.00% 11.00% 4.00% 4.00% 11.00% 11.00% 4.00% 11.00% 11.00% 11.00% 4.00% 9.54% 11.00% 4.00% 11.00% 11.00% 11.00%

879.82

1,111.92 1,211.92 1,248.29 1,418.30 1,468.36 1,115.10 1,257.64 1,257.60 1,426.19 1,848.36 2,058.90 2,043.94 2,238.83 2,673.61 2,506.85 3,230.78 3,756.07 4,766.18 903.25

1,111.92 1,211.92 1,248.29 1,418.30 1,468.36 1,115.10 1,257.64 1,257.60 1,426.19 1,848.36 2,058.90 2,043.94 2,238.83 2,673.61 2,506.85 3,230.78 3,756.07 903.25

Note that different periods of time and different participation rates and/or Caps will produce different results that could be higher or lower than those shown above. Past performance of the S&P 500 Price Return index ~ should not be considered a representation of future performance.

Illustrated Rates Disclosure: The maximum illustrated index interest rate for this illustration is based on geometric averages of index returns over specific 25 year periods during the last 66 years. Per the requirements of Actuarial Guideline 49-A, the minimum and maximum geometric averages of index returns for those specific 25 year periods are:

Minimum Maximum

5.96% 9.34%

November 21, 2022 ID:5797

Version: 2.40.0

Page: 10 of 19

Guardian Life Insurance Illustration Numeric Summary Jacob Raider, Male Age 28, Preferred NT

Death Benefit

Annual Premium **

$200,000

Whole Life 99

$2,430.00

Other Benefits

Enhanced Accelerated Benefit Rider Index Participation Feature (0% initial allocation) Waiver of Premium

$60.00

Total First Year Premium

$2,490.00

Dividend Option: Paid Up Additions (D)

Guaranteed

Non-Guaranteed - Current

Non-Guaranteed - Intermediate

AGE AT ANNUAL CASH DEATH CASH DEATH POL START PREMIUM VALUE BENEFIT PREMIUM VALUE BENEFIT PREMIUM VALUE BENEFIT YR OF YEAR # ## ## #* ##* ##* #* ##* ##* 5 32 2,490 4,454 200,000 2,490 5,114 201,951 2,490 4,805 200,991 10 37 2,490 14,786 200,000 2,490 17,796 208,407 2,490 16,334 204,374 20 47 2,490 39,138 200,000 2,490 60,838 252,409 2,490 49,448 224,981 43 70 2,430 112,538 200,000 2,430 276,958 442,975 2,430 180,759 301,028 48 75 2,430 130,126 200,000 2,430 356,671 505,288 2,430 220,960 322,631 53 80 2,430 146,860 200,000 2,430 451,904 579,436 2,430 264,757 346,865 58 85 2,430 162,088 200,000 2,430 564,170 667,390 2,430 311,501 373,880 63 90 2,430 173,826 200,000 2,430 691,975 773,629 2,430 358,347 404,452 NET CASH DEATH NET

Applicant's Statement:

I have received a copy of this illustration and understand that any non-guaranteed elements illustrated are subject to change and could be either higher or lower. The agent has told me they are not guaranteed. I further understand that formulas and methodologies are subject to change.

Applicant's (Owner's) Signature

Additional Signature (if required)

Date

Insurance Producer's Statement:

I certify that this illustration has been presented to the applicant and that I have explained that any non guaranteed elements illustrated are subject to change. I have made no statements that are inconsistent with the illustration.

Producer's Signature

Date

November 21, 2022 ID:5797/Case ID:22074630 Version: 2.40.0

Page: 11 of 19

Guardian Life Insurance Illustration Tabular Detail Jacob Raider, Male Age 28, Preferred NT

Death Benefit

Annual Premium **

$200,000

Whole Life 99

$2,430.00

Other Benefits

Enhanced Accelerated Benefit Rider Index Participation Feature (0% initial allocation) Waiver of Premium

$60.00

Total First Year Premium

$2,490.00

Dividend Option: Paid Up Additions (D)

Guaranteed

Non-Guaranteed - Current

AGE AT START OF YR

ANNUAL PREMIUM

CASH VALUE

DEATH BENEFIT

NET

CASH VALUE

DEATH BENEFIT

POL

PREMIUM

YR

#

##

##

# *

## *

## *

1 2 3 4 5 6 7 8 9

28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62

2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490

0 0

200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000

2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490

0

200,000 200,104 200,571 201,195 201,951 202,757 203,761 204,957 206,433 208,407 210,862 213,792 217,192 221,057 225,355 230,062 235,142 240,576 246,362 252,409 258,576 264,888 271,343 277,949 284,718 291,649 298,744 305,997 313,413 321,009 328,816 336,858 345,146 353,687 362,473

104

840

1,091 3,077 5,114 7,366 9,730

2,626 4,454 6,432 8,456

10,524 12,634 14,786 16,982 19,220 21,502 23,828 26,208 28,654 31,166 33,750 36,406 39,138 41,736 44,408 47,150 49,958 52,830 55,764 58,762 61,818 64,930 68,098 71,318 74,584 77,892 81,236 84,612

12,209 14,895 17,796 20,922 24,280 27,888 31,748 35,875 40,283 44,977 49,971 55,284 60,838 66,447 72,330 78,488 84,936 91,681 98,729 106,095 113,775 121,788 130,148 138,885 148,007 157,525 167,445 177,765

10

11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35

November 21, 2022 ID:5797/Case ID:22074630 Version: 2.40.0

Page: 12 of 19

Guardian Life Insurance Illustration Tabular Detail

Guaranteed

Non-Guaranteed - Current

AGE AT START OF YR

ANNUAL PREMIUM

CASH VALUE

DEATH BENEFIT

NET

CASH VALUE

DEATH BENEFIT

POL

PREMIUM

YR

#

##

##

# *

## *

## *

36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80

63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99

2,490 2,490 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430

88,016 91,442 94,894 98,372 101,878 105,412 108,968 112,538 116,106 119,660 123,186 126,674 130,126 133,540 136,922 140,272 143,588 146,860 150,074 153,236 156,302 159,260 162,088 164,768 167,286 169,628 171,802 173,826 175,738 177,596 179,472 181,494 183,850 186,658 190,236 195,126 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000

200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000

2,490 2,490 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430

188,498 199,661 211,272 223,361 235,951 249,069 262,737 276,958 291,753 307,092 323,011 339,530 356,671 374,444 392,857 411,901 431,576 451,904 472,905 494,623 517,085 540,278 564,170 588,625 613,679 639,257 665,362 691,975 719,112 746,795 775,107 804,312 834,796 867,199 902,359 941,709 984,757

371,507 380,806 390,382 400,251 410,428 420,927 431,771 442,975 454,572 466,562 478,984 491,886 505,288 519,191 533,575 548,409 563,686 579,436 595,710 612,547 630,082 648,352 667,390 687,118 707,613 728,875 750,890 773,629 797,002 820,859 845,038 869,379 893,569 917,784 941,691 964,682 984,757

2,430

2,430

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

100 101 102 103 104 105 106 107

1,035,421 1,088,696 1,144,714 1,203,616 1,265,552 1,330,678 1,399,158 1,471,165

1,035,421 1,088,696 1,144,714 1,203,616 1,265,552 1,330,678 1,399,158 1,471,165

November 21, 2022 ID:5797/Case ID:22074630 Version: 2.40.0

Page: 13 of 19

Guardian Life Insurance Illustration Tabular Detail

Guaranteed

Non-Guaranteed - Current

AGE AT START OF YR

ANNUAL PREMIUM

CASH VALUE

DEATH BENEFIT

NET

CASH VALUE

DEATH BENEFIT

POL

PREMIUM

YR

#

##

##

# *

## *

## *

81 82 83 84 85 86 87 88 89 90 91 92 93

108 109 110 111 112 113 114 115 116 117 118 119 120

0 0 0 0 0 0 0 0 0 0 0 0 0

200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000

200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000

0 0 0 0 0 0 0 0 0 0 0 0 0

1,546,880 1,626,494 1,710,209 1,798,235 1,890,794 1,988,120 2,090,458 2,198,066 2,311,217 2,430,194 2,555,299 2,686,847 2,825,170

1,546,880 1,626,494 1,710,209 1,798,235 1,890,794 1,988,120 2,090,458 2,198,066 2,311,217 2,430,194 2,555,299 2,686,847 2,825,170

Mode Selected: Guard-O-Matic

Initial Modal Premium

Mode Annual

Modal Factor

1.000000 0.515000 0.262650 0.085833

2,490.00 1,282.35

Semi-Annual

Quarterly

654.00 213.72

Guard-O-Matic

5% Interest Adjusted Indices

Net Pay.

Surrender Cost Index

Equiv. Lev. Dividend

Year

10 20

11.00

5.41 3.35

1.15 3.17

8.98

November 21, 2022 ID:5797/Case ID:22074630 Version: 2.40.0

Page: 14 of 19

Guardian Life Insurance Illustration Understanding Premium Offset

This illustration shows using dividends to pay some premiums due in future years (Premium Offset). Premium Offset illustrations are shown to demonstrate the possibility of using dividend values to reduce future out-of-pocket outlays. Dividends are not guaranteed. Premiums are required for the number of years shown in the policy. Premiums shown as paid by dividends in this illustration are not canceled, forgiven or waived by the company. The Premium Offset year shown in this illustration is predicated on each non-guaranteed factor remaining unchanged in each year, a scenario which is highly unlikely. Non-guaranteed factors -- dividends, the cost of term and other riders as described in the illustration -- are likely to vary over time reflecting actual economic and mortality experience. Under current economic conditions, dividends are also reduced by an individual's policy loan activity, if any. Please note the following: • Unless the illustration states specifically that a policy becomes paid-up at a specified age or year, an illustration does NOT represent a "paid-up policy". Every illustration explicitly states the required premiums in the "Narrative Summary" and "Tabular Detail" sections. • Premium Offset does not occur automatically. It must be requested by the policyowner when sufficient policy values have accumulated to support a Premium Offset. Even if dividend values are adequate to offset future premiums, there may be circumstances where it is not in the policyowner's best interest to elect this option. Therefore, before deciding to elect Premium Offset, you should review your policy and personal circumstances with your agent. • Future dividends may be less or more than those illustrated. If dividends are lower, you may need to continue cash outlays longer than shown, or even resume cash outlays after an initial Premium Offset. As long as the policy is in force, Guardian recommends you periodically request that your agent review a revised illustration with you. Hypothetical Example

Male Age 50--Preferred NT Whole Life 99 (2021 Series)

Dividend Option

Paid Up Additions

Basic Face Amount

$250,000

No Riders Premium

$6,485.00

Guaranteed Factors Full Pay until attained age 99 The offset year is the last year that a cash premium payment is required prior to Premium Offset. The offset year is 14 based on Guardian's 2022 dividend scale. The offset year is 17 assuming dividends are 25% less than Guardian's 2022 dividend scale. The offset year is 25 assuming dividends are 50% less than Guardian's 2022 dividend scale.

November 21, 2022 ID:5797

Version: 2.40.0

Page: 15 of 19

Guardian Life Insurance Illustration Planning Concept Based on the 2022 Dividend Scale Jacob Raider, Male Age 28, Preferred NT

Death Benefit

Annual Premium **

$200,000

Whole Life 99

$2,430.00

Other Benefits

Enhanced Accelerated Benefit Rider Index Participation Feature (0% initial allocation) Waiver of Premium

$60.00

Total First Year Premium

$2,490.00

Dividend Option: Paid Up Additions (D)

Guaranteed

Non-Guaranteed

CASH VALUE

AGE

BASE

BASE

NET

AT

POLICY GUAR.

END OF

CUM AFTER CUM

OF

NET

NET

START ANNUAL CASH YEAR

NET

NET

TAX NET A/T

ALL

CASH DEATH

POL OF YR YEAR 1 28 2 29 3 30 4 31 5 32 6 33 7 34 8 35 9 36 10 37 11 38 12 39 13 40 14 41 15 42 16 43 17 44 18 45 19 46 20 47 21 48 22 49 23 50 24 51 25 52 26 53 27 54 28 55 29 56 30 57

PREM VALUE DIVIDEND PREM PREM OUTLAY OUTLAY ADDS VALUE BENEFIT

#

##

## *

# *

# *

# *

# *

## *

## *

## *

2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430

0 0

0

2,490 2,490 2,490 2,490

2,490 4,980 7,470 9,960

2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490

2,490 4,980 7,470 9,960

0

0

200,000 200,104 200,571 201,195 201,951 202,757 203,761 204,957 206,433 208,407 210,862 213,792 217,192 221,057 225,355 230,062 235,142 240,576 246,362 252,409 258,576 264,888 271,343 277,949 284,718 291,649 298,744 305,997 313,413 321,009

104 144 193 197 256 316 377 532 689

104 251 451 660

104

840

1,091 3,077 5,114 7,366 9,730

2,626 4,454 6,432 8,456

2,490 12,450

12,450

2,490 14,940 2,490 17,430 2,490 19,920 2,490 22,410 2,490 24,900 2,490 27,390 2,490 29,880 2,490 32,370 2,490 34,860 2,490 37,350 2,490 39,840 2,490 42,330 2,490 44,820 2,490 47,310 2,490 49,800 2,490 52,290 2,490 54,780 2,490 57,270 2,490 59,760 2,490 62,250 2,490 64,740 2,490 67,230 2,490 69,720 2,490 72,210 2,490 74,700

14,940 17,430 19,920 22,410 24,900 27,390 29,880 32,370 34,860 37,350 39,840 42,330 44,820 47,310 49,800 52,290 54,780 57,270 59,760 62,250 64,740 67,230 69,720 72,210 74,700

934

1,274 1,685 2,261 3,010 3,940 5,060 6,386 7,920 9,667

10,524 12,634 14,786 16,982 19,220 21,502 23,828 26,208 28,654 31,166 33,750 36,406 39,138 41,736 44,408 47,150 49,958 52,830 55,764 58,762 61,818 64,930 68,098

12,209 14,895 17,796 20,922 24,280 27,888 31,748 35,875 40,283 44,977 49,971 55,284 60,838 66,447 72,330 78,488 84,936 91,681

852

1,019 1,197 1,372 1,547 1,718 1,886 2,059 2,244 2,340 2,456 2,575 2,699 2,836 2,978 3,125 3,276 3,430 3,597 3,777

11,629 13,811 16,221 18,878 21,700 24,711 27,922 31,338 34,978 38,851

42,965

98,729

47,333 106,095 51,957 113,775 56,858 121,788 62,050 130,148

November 21, 2022 ID:5797/Case ID:22074630 Version: 2.40.0

Page: 16 of 19

Guardian Life Insurance Illustration Planning Concept Based on the 2022 Dividend Scale

Guaranteed

Non-Guaranteed

CASH VALUE

AGE

BASE

BASE

NET

AT

POLICY GUAR.

END OF

CUM AFTER CUM

OF

NET

NET

START ANNUAL CASH YEAR

NET

NET

TAX NET A/T

ALL

CASH DEATH

POL OF YR YEAR 31 58 32 59 33 60 34 61 35 62 36 63 37 64 38 65 39 66 40 67 41 68 42 69 43 70 44 71 45 72 46 73 47 74 48 75 49 76 50 77 51 78 52 79 53 80 54 81 55 82 56 83 57 84 58 85 59 86 60 87 61 88 62 89 63 90 64 91 65 92 66 93 67 94 68 95 69 96 70 97 71 98 72 99 73 100 74 101 75 102

PREM VALUE DIVIDEND PREM PREM OUTLAY OUTLAY ADDS VALUE BENEFIT

#

##

## *

# *

# *

# *

# *

## *

## *

## *

2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430 2,430

71,318 74,584 77,892 81,236 84,612 88,016 91,442 94,894 98,372

3,985 4,204 4,436 4,677 4,916 5,172 5,445 5,730 5,980 6,243 6,520 6,821 7,133 7,479 7,819 8,206 8,625 9,059 9,495 9,921

2,490 77,190 2,490 79,680 2,490 82,170 2,490 84,660 2,490 87,150 2,490 89,640 2,490 92,130 2,430 94,560

2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,430

77,190 79,680 82,170 84,660 87,150

67,567 138,885 73,423 148,007 79,633 157,525 86,209 167,445 93,153 177,765

328,816 336,858 345,146 353,687 362,473 371,507 380,806 390,382 396,140 402,199 408,569 415,267 422,304 429,707 437,470 445,626 454,214 463,248 472,721 482,610 492,885 503,534 514,581 526,067 538,023 550,564 563,719 577,509 591,862 606,839 622,434 638,630 655,397 672,652 690,267 708,099 726,016 743,754 761,466 778,877 795,484 812,034 853,804 897,725 943,907

89,640 100,482 188,498 92,130 108,219 199,661 94,560 116,378 211,272 94,560 122,450 220,822 94,560 128,880 230,758 94,560 135,692 241,104 94,560 142,909 251,877 94,560 150,538 263,076 94,560 158,611 274,717 94,560 167,110 286,770 94,560 176,076 299,262 94,560 185,537 312,211 94,560 195,509 325,635 94,560 205,998 339,538 94,560 217,004 353,926 94,560 228,514 368,786 94,560 240,529 384,117 94,560 253,076 399,936 94,560 266,184 416,258 94,560 279,884 433,120 94,560 294,243 450,545 94,560 309,257 468,517 94,560 324,918 487,006 94,560 341,124 505,892 94,560 357,919 525,205 94,560 375,253 544,881 94,560 393,117 564,919 94,560 411,480 585,306 94,560 430,316 606,054 94,560 449,586 627,182 94,560 469,289 648,761 94,560 489,522 671,016 94,560 510,420 694,270 94,560 532,402 719,060 94,560 555,851 746,087 94,560 581,419 776,545 94,560 612,034 812,034 94,560 653,804 853,804 94,560 697,725 897,725 94,560 743,907 943,907

0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

2,430 101,878

2,430 105,412 2,430 108,968 2,430 112,538 2,430 116,106 2,430 119,660 2,430 123,186 2,430 126,674 2,430 130,126 2,430 133,540 2,430 136,922 2,430 140,272 2,430 143,588 2,430 146,860 2,430 150,074 2,430 153,236 2,430 156,302 2,430 159,260 2,430 162,088 2,430 164,768 2,430 167,286 2,430 169,628 2,430 171,802 2,430 173,826 2,430 175,738 2,430 177,596 2,430 179,472 2,430 181,494 2,430 183,850 2,430 186,658 2,430 190,236

10,332 10,747 11,197 11,687 12,208 12,848 13,500 14,182 14,794 15,484 16,160 16,823 17,456 18,011 18,445 18,751 18,941 18,888 19,025 18,902 18,331 16,092 41,770 43,921 46,183

2,430 195,126

0 200,000 0 200,000 0 200,000 0 200,000

November 21, 2022 ID:5797/Case ID:22074630 Version: 2.40.0

Page: 17 of 19

Guardian Life Insurance Illustration Planning Concept Based on the 2022 Dividend Scale

Guaranteed

Non-Guaranteed

CASH VALUE

AGE

BASE

BASE

NET

AT

POLICY GUAR.

END OF

CUM AFTER CUM

OF

NET

NET

START ANNUAL CASH YEAR

NET

NET

TAX NET A/T

ALL

CASH DEATH

POL OF YR YEAR 76 103 77 104 78 105 79 106 80 107 81 108 82 109 83 110 84 111 85 112 86 113 87 114 88 115 89 116 90 117 91 118 92 119 93 120

PREM VALUE DIVIDEND PREM PREM OUTLAY OUTLAY ADDS VALUE BENEFIT

#

##

## *

# *

# *

# *

# *

## *

## *

## *

0 200,000 0 200,000 0 200,000 0 200,000 0 200,000 0 200,000 0 200,000 0 200,000 0 200,000 0 200,000 0 200,000 0 200,000 0 200,000 0 200,000 0 200,000

48,561 51,062 53,692 56,457 59,365 62,422 65,636 69,017 72,571 76,309 80,238 84,371 88,716 93,285 98,089

0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560 0 94,560

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

94,560 792,469 992,469

992,469

94,560 843,531 1,043,531 1,043,531 94,560 897,223 1,097,223 1,097,223 94,560 953,680 1,153,680 1,153,680 94,560 1,013,044 1,213,044 1,213,044 94,560 1,075,466 1,275,466 1,275,466 94,560 1,141,102 1,341,102 1,341,102 94,560 1,210,119 1,410,119 1,410,119 94,560 1,282,690 1,482,690 1,482,690 94,560 1,358,999 1,558,999 1,558,999 94,560 1,439,237 1,639,237 1,639,237 94,560 1,523,608 1,723,608 1,723,608 94,560 1,612,324 1,812,324 1,812,324 94,560 1,705,608 1,905,608 1,905,608 94,560 1,803,697 2,003,697 2,003,697 94,560 1,906,838 2,106,838 2,106,838 94,560 2,015,290 2,215,290 2,215,290

0 200,000 103,140 0 200,000 108,452

0 200,000 94,560 2,129,327 2,329,327 2,329,327 THIS ILLUSTRATION IS BASED ON THE 2022 DIVIDEND SCALE AND ASSUMES THAT THE CURRENTLY ILLUSTRATED NON-GUARANTEED ELEMENTS, INCLUDING DIVIDENDS, WILL CONTINUE UNCHANGED FOR ALL YEARS SHOWN. THIS IS NOT LIKELY TO OCCUR AND THE ACTUAL RESULTS MAY BE MORE OR LESS FAVORABLE THAN THOSE SHOWN. THE ASSUMPTIONS ON WHICH NON-GUARANTEED ELEMENTS ARE BASED ARE SUBJECT TO CHANGE BY THE COMPANY. SEE TABULAR DETAIL FOR GUARANTEED VALUES AND OTHER IMPORTANT INFORMATION. 114,037

November 21, 2022 ID:5797/Case ID:22074630 Version: 2.40.0

Page: 18 of 19