Current Fund	Ticker / CUSIP	Gross Expense Ratio	Replacement Fund	Ticker / CUSIP	Gross Expense Ratio
Manning & Napier Ret Tgt Inc Col Inv U1	56382R803	0.50%	Capital Group 2020 Target Date Ret SA	N/A	0.30%
Manning & Napier Ret Tgt 2025 Col Inv U1	56382R852	0.50%	Capital Group 2025 Target Date Ret SA	N/A	0.30%
Manning & Napier Ret Tgt 2030 Col Inv U1	56382R845	0.49%	Capital Group 2030 Target Date Ret SA	N/A	0.30%
Manning & Napier Ret Tgt 2035 Col Inv U1	56382R837	0.50%	Capital Group 2035 Target Date Ret SA	N/A	0.30%
Manning & Napier Ret Tgt 2040 Col Inv U1	56382R829	0.49%	Capital Group 2040 Target Date Ret SA	N/A	0.30%
Manning & Napier Ret Tgt 2045 Col Inv U1	56382R811	0.50%	Capital Group 2045 Target Date Ret SA	N/A	0.30%

Current Fund	Ticker / CUSIP	Gross Expense Ratio	Replacement Fund	Ticker / CUSIP	Gross Expense Ratio
Manning & Napier Ret Tgt 2050 Col Inv U1	56382R795	0.50%	Capital Group 2050 Target Date Ret SA	N/A	0.30%
Manning & Napier Ret Tgt 2055 Col Inv U1	56382R787	0.50%	Capital Group 2055 Target Date Ret SA	N/A	0.30%
Manning & Napier Ret Tgt 2060 Col Inv U1	302028782	0.51%	Capital Group 2060 Target Date Ret SA	N/A	0.30%
Manning & Napier Ret Tgt 2065 Col Inv U1	302028741	0.51%	Capital Group 2065 Target Date Ret SA	N/A	0.30%
NEW!	—	—	Capital Group 2070 Target Date Ret SA	N/A	0.30%

Asset allocation funds may be subject to operating expenses for the fund and for each underlying fund.

The gross expense ratio is the fund’s total annual operating costs, expressed as a percentage of the fund’s average net assets over a given time period. It is gross of any contractual or voluntary fee waivers or expense reimbursement. If applicable, the fees shown would be lower.

Ticker symbols are used to identify registered mutual funds. Investment options such as collective investment trusts and separate institutional accounts are not required to register with the SEC and so do not have ticker symbols.

Investing involves risk, including possible loss of principal. To view investment performance fund fact sheets for the Capital Group Target Date series retirement funds: Visit empowermyretirement.com or the Empower mobile app.

New Qualified Default Investment Alternative (QDIA)
The QDIA for your plan will be updated as of February 13, 2026. If you are newly enrolled into the plan on or after February 13, 2026, your contributions will be defaulted into the Capital Group Target Date Ret SA based on your year of birth as shown in the QDIA Birth Year Range Chart below unless you make an affirmative election.

As a result of the addition of the Capital Group 2070 Target Date Ret SA, the default birth year for some of the target dates funds will be adjusted. If you didn’t proactively make an investment election and instead were defaulted into the Manning & Napier Ret Tgt 2065 Col Inv U1, your account balance and any future contributions will automatically move to the Capital Group 2070 Target Date Ret SA based on your year of birth as shown in the QDIA Birth Year Range Chart below on February 17, 2026.

QDIA Birth Year Range Chart

Target Date Fund	Ticker / CUSIP	Gross Expense Ratio	Birth Year Range
Capital Group 2020 Target Date Ret SA	N/A	0.30%	Earlier – 1957
Capital Group 2025 Target Date Ret SA	N/A	0.30%	1958 – 1962
Capital Group 2030 Target Date Ret SA	N/A	0.30%	1963 – 1967
Capital Group 2035 Target Date Ret SA	N/A	0.30%	1968 – 1972
Capital Group 2040 Target Date Ret SA	N/A	0.30%	1973 – 1977
Capital Group 2045 Target Date Ret SA	N/A	0.30%	1978 – 1982
Capital Group 2050 Target Date Ret SA	N/A	0.30%	1983 – 1987

QDIA Birth Year Range Chart

Target Date Fund	Ticker / CUSIP	Gross Expense Ratio	Birth Year Range
Capital Group 2055 Target Date Ret SA	N/A	0.30%	1988 – 1992
Capital Group 2060 Target Date Ret SA	N/A	0.30%	1993 – 1997
Capital Group 2065 Target Date Ret SA	N/A	0.30%	1998 – 2002
Capital Group 2070 Target Date Ret SA	N/A	0.30%	2003 – Later

The date in the name of the target date fund is the assumed date of retirement. The asset allocation becomes more conservative as the fund nears the target retirement date; however, the principal value of the fund is never guaranteed.

Capital Group 2020, 2025, 2030, 2035, 2040, 2045, 2050, 2055, 2060, 2065, 2070 Target Date Ret SA The Separate Account (the “Fund”) will wholly invest in the Capital Group Target Date Retirement Trust Funds (the "Underlying C.I.T."), collective investment trusts, which seek to achieve the following objectives to varying degrees: growth, income and conservation of capital, depending on the proximity to its target date. The manager of the Underlying CIT will attempt to achieve the fund's investment objectives by investing in a mix of mutual funds offered by American Funds, a subsidiary of Capital Group, and Capital Group collective investment trusts in different combinations and weightings. The underlying investment vehicles represent a variety of fund categories, including growth-and-income funds, equity-income funds, balanced funds and fixed income funds. The fund is designed for investors who plan to retire in, or close to, the fund's target date - that is, the year designated in the fund's name. Portfolio data shown is that of the Underlying C.I.T.

Fee Change Effective February 1, 2026, the following participant fees will be revised as follows:

Participant Fee

Fee Type	Current Amount	New Amount
Basic Plan Administration Fee	$240 Annually ($20 per month)	$222 Annually ($18.50 per month)