On September 5, 2025, American National Group Inc. issued a press release announcing the full redemption on October 6, 2025 of all the 12,000 outstanding shares of its 6.625% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B (the “Series B Preferred Stock”) and the corresponding 12,000,000 depositary shares, each representing a 1/1,000th interest in one share of Series B Preferred Stock (the “Depositary Shares”), and its intent to delist and deregister the Depositary Shares.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  American National Group Inc. formerly American Equity Investment Life Holding Co. Depositary Share, Each Representing a 1/1,000th Interest in a Share of 6.625% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B liquidation preference $25 per depositary share, redeemable at the issuer's option on or after 09/01/2025 at $25 per share plus declared and unpaid dividends, and with no stated maturity. Non-cumulative distributions of the Annual Fixed Dividend Rate will be paid quarterly on 3/1, 6/1, 9/1 & 12/1 to holders of record on the record date fixed by the board, not more than 60 days or less than 10 days prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date). The Annual Fixed Dividend Rate will be 6.625% until the first redemption date, then it will be equal to the sum of the Five-year U.S. Treasury Rate on the applicable fixed rate calculation date plus 6.297%, resetting every 5 years thereafter on applicable fixed rate calculation date (see prospectus for more details). The dividends are non-cumulative and if the board of directors does not declare a dividend or the company fails to pay a dividend declared by the board for any quarterly dividend period, the holder will not be entitled to receive any dividend for that quarterly period and the undeclared or unpaid dividend will not accumulate. Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders (see page S-42 of the prospectus for further information). The Company may redeem the Depositary Shares before 09/01/2025 at $25 (100%) of their principal amount plus declared and unpaid dividends, if a regulatory capital event occurs; before 09/01/2025 at $25.50 (102%) of their principal amount plus declared and unpaid dividends if a rating agency event occurs. (see prospectus for further information). This security was Not rated by Moody’s and rated BB by S&P at the date of its IPO. This security was rated BB by AM Best at the date of its IPO. In regard to the payment of dividends and upon liquidation, the preferred shares rank junior to the company's senior debt, equally with other preferreds of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NYSE Chart	Reset Rate $1.65625	$25.00 $25.00	Called for 10/06/2025 None	NF BB+ 2/20/2024	3/1, 6/1, 9/1 & 12/1 Click for MW ExDiv Date Click for Yahoo ExDiv Date	YES

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HOME PAGE:     https://www.americannational.com/wps/portal/
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Address and Phone Numbers

Address:   6000 Westown Parkway, West Des Moines, IA 50266
Main Phone Number	515-221-0002
Fax Number	515-221-9947
Investor Relations   Steven D. Schwartz	515-273-3763
Toll Free Phone Number	888-221-1234

CEO - Tim Walsh

CFO - Brody Merrill