1. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Value+ IUL You asked for it – and we delivered. Strong, flexible life protection at a market-leading price -- plus Optionality! Presented by… Policies issued by American General Life Insurance Company ("AGL“)

2. 2 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION 1 Internal Revenue Code Section 1035 and associated rules are complex in nature. The policy owner may incur surrender charges from the previous policy and be subject to new sales and surrender charges and other limitations with the new policy. It is highly recommended that the policy owner consult a tax advisor prior to exchanging a policy. 2 Depending on the client’s issue age, underwriting and level of planned premium payments. 3 Based on current assumed charges, interest crediting and premium payments.

3. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Clients are looking for lower prices. With market-leading pricing -- as much as 10 percent below most GUL policies -- Value+ IUL is well positioned to serve your clients. Its low-cost design, combined with the advantages of Optionality, will help you serve more clients and win more cases in all rate classes.

4. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Clients want the security of strong, dependable life protection. And Value+ IUL delivers. The death benefit can be guaranteed all the way to age 85, depending on the client’s age, underwriting and payment of required premiums. After the guarantee period, the policy can continue on a non-guaranteed basis for the client’s lifetime, based on current assumed charges, interest crediting and premium payments.

5. 5 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Male, PPNT, $1M Level DB, Carry/Guarantee to Age 105. 6% Illustrated Rate for IULs. Value+ IUL Competitive Premium Rates as of 12/18/2014. Illustrated for the state of Colorado. These carriers are peer group competitors of American General Life Insurance Company. Value+ IUL (6%), Protective Custom Choice UL (policy form # UL-22, 2%), Prudential PruLife® Universal Protector (policy form # ULNLG-2013; 2.50%), Nationwide YourLife® No-Lapse Guarantee UL (policy form #NWLA0444-CO: 3%); Lincoln LifeGuarantee UL (2013) (policy form #UL6000, 2%), John Hancock Protection IUL (policy form #13PIUL, 6%), Protective Index Choices UL (policy form # ICC13-UL23; 6.00%), John Hancock Protection UL (policy form #13PROUL, 5.05%). Hypothetical representation for illustrative purposes only. These comparisons cannot be used with the public. Complete personalized policy illustrations for each company product must be presented or discussed with your client regarding guaranteed and nonguaranteed elements of the policy, including surrender values, accumulation values, loans, withdrawals, death benefits and other important information.

6. 6 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Male, 45, PPNT, $1M Level DB, Carry/Guarantee to Age 105. 6% Illustrated Rate for IULs. Value+ IUL Competitive Premium Rates as of 12/18/2014. Illustrated for the state of Colorado. These carriers are peer group competitors of American General Life Insurance Company. Value+ IUL (6%), Protective Custom Choice UL (policy form # UL-22, 2%), Prudential PruLife® Universal Protector (policy form # ULNLG-2013; 2.50%), Nationwide YourLife® No-Lapse Guarantee UL (policy form #NWLA0444-CO: 3%); Lincoln LifeGuarantee UL (2013) (policy form #UL6000, 2%), John Hancock Protection IUL (policy form #13PIUL, 6%), Protective Index Choices UL (policy form # ICC13-UL23; 6.00%), John Hancock Protection UL (policy form #13PROUL, 5.05%). Hypothetical representation for illustrative purposes only. These comparisons cannot be used with the public. Complete personalized policy illustrations for each company product must be presented or discussed with your client regarding guaranteed and nonguaranteed elements of the policy, including surrender values, accumulation values, loans, withdrawals, death benefits and other important information. GUL: Guarantee to Age 105 IUL: Carry to Age 105 (6%) UL: Carry to Age 105 Age AIG’s ProtectivePrudentialNationwideLincoln John Hancock Protective John Hancock Value+ IUL (Carry to A105) Custom Choice UL UL Protector YourLife NLG UL LifeGuarantee UL Protection IUL Index Choice UL UL Level$5,681 $6,052$6,847$6,032$7,677 $6,242$6,181 $5,974 (+7%)(+21%)(+6%)(+35%) (+10%)(+9%) (+5%) 10-pay$11,467 $18,225$14,576$15,692$22,173 $12,464$13,209 $11,638 (+59%)(+27%)(+37%)(+93%) (+9%)(+15%) (+1%) 1-Pay$90,391 $176,249$137,726$150,750$197,733 $102,127$102,649 $94,615 (+95%)(+52%)(+67%)(+119%) (+13%)(+14%) (+5%)

7. 7 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION

8. 8 Key Terminology Benchmark Premium: The Benchmark Premium is a level annual premium which is intended to carry your policy to or close to maturity on a current (non-guaranteed) assumption basis assuming 1) a 6% illustrated rate and 2) that premiums have been paid on time at the beginning of each policy year. Benchmark Cash Value: The Minimum Benchmark Cash Value is based on paying the Benchmark Premium for the lifetime of the contract, and is set at a level where, continuing to fund the policy at the Benchmark Premium level after the option date, the policy will in all likelihood remain in force on a reasonable current assumption basis.

9. 9 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION If the policy is funded early (either through a single-pay premium or the transfer of a policy from another company or ), the client may withdraw funds above the cumulative benchmark premiums in years 3 through 14 with no surrender charges, to the extent that Accumulation Value is available. 1 The funds are not locked in. 2, 3 Value+ Cash Access 1. The Benchmark Premium is a level annual premium which is intended to carry the policy to or close to maturity on a current (non-guaranteed) assumption basis assuming 1) a 6% illustrated rate and 2) that premiums have been paid on time at the beginning of each policy year. 2. Under current federal tax law, partial withdrawals are reportable to the policy owner, and may be taxable. 3. Limitations apply.

10. 10 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION YearCSV 1 with Unlocked Surrender Charges 1$63,653 2$72,836 3$100,000 4 5$105,848 6$120,898 7$138,012 8$156,369 9$175,198 10$196,371 11$222,887 12$252,006 13$282,059 14$314,088 1 CSV = Cash Surrender Value Hypothetical representation for illustrative purposes only. Internal Revenue Code Section 1035 and associated rules are complex in nature. The policy owner may incur surrender charges from the previous policy and be subject to new sales and surrender charges and other limitations with the new policy. It is highly recommended that the policy owner consult a tax advisor prior to exchanging a policy. Male 45 PNT, $100,000 external 1035 Exchange DB is $1,000,000, 6.78% Guarantee to Age 85 Carrying to Age 121. Benchmark Premium: $6,509

11. 11 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION If clients pay extra premium into their policy to achieve additional tax advantaged growth, they can use this unique liquidity option to withdraw excess premiums in policy year 20 with no decrease in their initial death benefit, 1 if there is available cash surrender value in the policy. 2, 3 Value+ Cash Access 1. Option election dates are at the end of the 20 th policy for issue ages 0-64 or the later of age 85 or the end of the 5 th policy year for issue ages 65-85. 2. Under current federal tax law, partial withdrawals are reportable to the policy owner, and may be taxable. 3. Limitations apply.

12. 12 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Assume the policyowner funds the policy at $2,000 above the Benchmark Premium of $6,955 for 20 years, then they withdraw the additional funds in year 20 and pay only Benchmark Premium in future years: The policy earns a 6% hypothetical crediting rate: Annual PremiumCumulative Premiums End of Policy Year 20 Benchmark Premium$6,955$139,100 Hypothetical Premium – Additional $2,000/Year for 20 years $8,955$179,100 Funding Access Available$40,000 Male 50 Preferred Non-Tobacco $750,000 DB 6.00% Illustrated Rate

13. 13 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION What happens if the Policyowner exercises the Cash Access from Excess Funding feature? No Additional Funding With Additional Funding After Withdrawal Death Benefit$750,000 Cash Value Year 20$148,266$189,186 At 6.00% Hypothetical Crediting Rate Premiums Years 1-20$6,995$8,995 Premiums at Years 21+$6,995 Policy Guarantees Death Benefit To Age 85 Death Benefit Age 85$750,000 Policy Stays Inforce ToAge 121 Cash Value at Age 100$741,268$1,383,365 Death Benefit Age 100$750,000$1,383,365

14. 14 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION If values in the policy exceed benchmark assumptions due to strong index performance, this one-of-a-kind liquidity option allows clients to withdraw the excess cash value, either in policy year 20 or at age 85 – with no decrease in the initial death benefit or length of death benefit guarantee. 1 The cash can be used as desired, or to buy additional paid-up life insurance without further underwriting. 2 Value+ Cash Access 1. Option election dates are at the end of the 20 th policy year (for issue ages 0-64) and the later of age 85 or the end of the 5 th policy year (for all issue ages). 2. Under current federal tax law, partial withdrawals are reportable to the policy owner and may be taxable. Limitations apply.

15. 15 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Male 45 PNT, $500,000 DB Assume the policyowner pays a premium of $3,395 which will guarantee the policy to age 81 at a 6% rate of return: If the policy actually earned 6.06% the results would be as follows: End of Year 20At Age 85 Cash Access from Strong Index Performance Available: $1,999$30,481 Additional Paid-Up Life Insurance Available NA$38,497 End of Year 20At Age 85 Benchmark Cash Value$65,313$157,905 Cash Surrender Value$67,312$267,279 At 6.06%, the policy would have additional Accumulation Value above the Benchmark Cash Value that could either be withdrawn or used to purchase additional paid-up life insurance: Paid Up Life Insurance Option Only Available for Standard or Better

16. 16 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION We are a leading innovator in living benefits. For an additional fee, clients can select the Accelerated Access Solution ® rider, which allows clients to accelerate their death benefit should they suffer a qualifying chronic illness. The benefit can be used to cover medical expenses, supplement income or for any other purpose. 1 Value+ Accelerated Access 1. IRS caps the maximum daily rate each year. The 2015 maximum per diem is $330/day or $9,900/month. Subsequent years may be higher.

17. 17 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION 101(g) No LTC license necessary 2-out-of-6 ADLs; or Severe Cognitive Impairment Deemed to be Permanent Indemnity Benefit No Receipts Spend benefits on anything Flexible Benefit Base Benefit = 50% up to 100% of Death Benefit $50,000 minimum up to $1,500,000 maximum Full waiver of monthly deductions

18. 18 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION IRS caps the maximum daily rate each year. The 2015 maximum is $330/day or $9,900/month. Subsequent years may be higher. Flexible Monthly Benefit 1.IRS Per Diem capped at 2% per month 2.IRS Per Diem capped at 4% per month 3.IRS Per Diem with No Cap! Max. Monthly Benefit = Total Benefit ÷ 12

19. 19 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Inflation hedge against future costs  Purchase more than today’s Per Diem limit –Many products won’t allow it –Provides inflation protection with a maximum monthly benefit cap  4% Cap – example: –4% of $300,000 = $12,000 per month –Go on-claim in 2015: Collect $9,900 per month –Go on-claim in the future when Per Diem = $15,000 per month: Collect $12,000 per month  Per Diem – example: –$300,000 AAS benefit –Maximum monthly benefit: $300,000 = $15,000 per month

20. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Index Strategy Options

21. 21 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Current Rates Cap Rate Index Account Current Cap Rate10.00% Illustrated Rate6.06% Minimum Guarantee0.25% Participation Rate Index Account Current Participation Rate115% Illustrated Rate6.06% Minimum Guarantee0.25% Declared Interest Account Current Rate2.65% Minimum Guarantee2.00% Guaranteed Account Value Enhancement of 0.75% Beginning Year 6!

22. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION ML Strategic Balanced Index Dynamically Blending Equity and Fixed Income Indices to Provide Stability with Upside Growth Potential

23. 23 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION The ML Strategic Balanced Index is a blend of the S&P 500 Index and the Merrill Lynch 10-Year Treasury Futures (Total Return) Index. It offers:  Rules-Based Indexing—a non-discretionary process is used to adjust exposures between equity and fixed income indices. Weightings are derived from quantitative rules, allowing allocations to be made systematically without being impacted by biases or emotions.  Volatility Control—the Index employs two layers of volatility management to help reduce risk. Equity and fixed income are rebalanced semiannually. Cash positions are adjusted on a daily basis. 1  Dynamic Allocation—to help enhance growth potential, the Index has the flexibility to increase equity and fixed income exposure up to 150%. By combining these key features, the Index offers the potential to deliver Stable Returns over time. 3 Key Features 1. Volatility control measures seek to provide smoother results and mitigate sharp market fluctuations. While this type of strategy can lessen the impact of market downturns, it will also lessen the impact of market upturns, therefore limiting upside potential.

24. 24 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION 1. Rules-Based Indexing 1. Volatility Control measures seek to provide smoother results and mitigate sharp market fluctuations. While this type of strategy can lessen the impact of market downturns, it is important to note that it will also lessen the impact of market upturns, therefore limiting upside potential.

25. 25 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION 3. Dynamic Allocation Past performance is not indicative of future results. The illustrative example above is hypothetical and illustrates how the ML Strategic Balanced Index would have responded to market conditions over the specified time period had it existed. This chart does not represent the current allocations of the ML Strategic Balanced Index. It is only provided as an example of how the allocations would have worked in certain market environments.

26. 26 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Flexibility to Overweight Equity and Fixed Income Indices to Access Market Trends Past performance is not indicative of future results. The illustrative example above is hypothetical and does not represent the current allocations of the ML Strategic Balanced Index. It is only provided as an example of how the allocations would have worked in certain market environments during the specified timeframe.

27. 27 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION The Value of a Dynamic Rules-Based Approach Note: Past performance is not a guarantee of future results. The ML Strategic Balanced Index was created on August 12, 2014. Levels for the Index before August 12, 2014 represent hypothetical data determined by retroactive application of a back tested model, itself designed with the benefit of hindsight. The above hypothetical chart only reflects the performance of the ML Strategic Balanced Index. It does not reflect the amount of interest credited to an index annuity or index life product during this time. Actual results for a specific insurance contract would depend on the crediting strategy chosen and the spread or participation rate for the time period(s) shown.

28. 28 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Strategy Return Comparison Hypothetical information presented as an example. These hypothetical numbers are intended to demonstrate how credited interest rates would have been calculated based upon certain assumptions and historical index returns. The annual values presented above are based on the values of the S&P 500 without dividends at the end of that year. YearS&P ReturnS&P Return with 10% CapML return ML Index Return with 115% Par 1994-1.54%0.25%-2.51%0.25% 199534.11%10.00%30.19%34.72% 199620.26%10.00%8.18%9.41% 199731.01%10.00%13.91%16.00% 199826.67%10.00%14.28%16.42% 199919.53%10.00%-0.44%0.25% 2000-10.14%0.25%10.69%12.29% 2001-13.04%0.25%2.07%2.38% 2002-23.37%0.25%6.00%6.90% 200326.38%10.00%9.89%11.37% 20048.99% 7.32%8.42% 20053.00% 1.74%2.00% 200613.62%10.00%6.81%7.83% 20073.53% 10.57%12.16% 2008-38.49%0.25%-0.36%0.25% 200923.45%10.00%2.92%3.35% 201012.78%10.00%13.39%15.40% 20110.00%0.25%10.17%11.70% 201213.41%10.00%7.82%9.00% 201329.60%10.00%2.68%3.08% 201411.39%10.00%10.52%12.09% 20 year average9.10%6.52%7.90%9.30%

29. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION WinFlex

30. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Marketing Materials www.aig.com/valueiul

31. 31 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Policies issued by: American General Life Insurance Company (AGL), Policy Form Numbers 13460, ICC13-13460, ICC14-14779, 14779; Rider Form Numbers 13600, ICC13-13600, 13601, 13972. Issuing company AGL is responsible for financial obligations of insurance products and is a member of American International Group, Inc. (AIG). AGL does not solicit business in the state of New York. Products may not be available in all states and product features may vary by state. Guarantees are backed by the claims-paying ability of the issuing insurance company. These product specifications are not intended to be all-inclusive of product information. State variations may apply. Please refer to the policy for complete details. ©2015 AIG. All rights reserved. AGLC108354 Important Information

32. 32 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION The S&P 500 (the “Index”) is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by American General Life Insurance Company (AGL). Standard & Poor’s®, S&P®, and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”). The trademarks have been licensed to SPDJI and have been sublicensed for use for certain purposes by AGL. The life insurance products underwritten and issued by AGL are not sponsored, endorsed, sold or promoted by SPDJI, S&P, or 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 AGL’s or any member of the public regarding the advisability of investing in securities generally or in AGL’s products particularly or the ability of the Index to track general market performance. S&P Dow Jones Indices’ only relationship to AGL 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 AGL or its products. S&P Dow Jones Indices has no obligation to take the needs of AGL or the owners of its products 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 amount of AGL’s products or the timing of the issuance or sale of AGL’s products or in the determination or calculation of the equation by which AGL’s products are 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 AGL’s products. 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 AGL, OWNERS OF AGL’S PRODUCTS, 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 AGL, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES LLC. Index Disclosure for the S&P 500

33. 33 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION The ML Strategic Balanced Index SM provides systematic, rules-based access to the blended performance of two underlying indices—the S&P 500 (without dividends), which serves to represent equity performance, and the Merrill Lynch 10-year U.S. Treasury Futures Total Return Index, which serves to represent fixed income performance. To help manage overall return volatility, the Index may also systematically utilize Cash performance in addition to the performance of the two underlying indices. Important Note: The ML Strategic Balanced Index embeds an annual index cost in the calculations of the change in Index Value over the Index Term. This “embedded index cost” will reduce any change in Index Value over the Index Term that would otherwise have been used in the calculation of index interest, and it funds certain operational and licensing costs for the index. It is not a fee paid by you or received by the Company. The Company’s licensing relationship with Merrill Lynch, Pierce, Fenner & Smith Incorporated for use of the ML Strategic Balanced Index and for use of certain service marks includes the Company’s purchase of financial instruments for purposes of meeting its interest crediting obligations. Some portion of those instruments will, or may be, purchased from Merrill Lynch, Pierce, Fenner & Smith Incorporated or its Affiliates. Merrill Lynch, Pierce, Fenner & Smith Incorporated and its affiliates (“BofA Merrill Lynch”) indices and related information, the name “BofA Merrill Lynch”, and related trademarks, are intellectual property licensed from BofA Merrill Lynch, and may not be copied, used, or distributed without BofA Merrill Lynch’s prior written approval. The products of licensee American General Life Insurance Company have not been passed on as to their legality or suitability, and are not regulated, issued, endorsed, sold, guaranteed, or promoted by BofA Merrill Lynch. BOFA MERRILL LYNCH MAKES NO WARRANTIES AND BEARS NO LIABILITY WITH RESPECT TO ANY INDEX, ANY RELATED INFORMATION, ITS TRADEMARKS, OR THE PRODUCT(S) (INCLUDING WITHOUT LIMITATION, ITS QUALITY, ACCURACY, SUITABILITY AND/OR COMPLETENESS). The ML Strategic Balanced Index (the “Index”) is the property of Merrill Lynch, Pierce, Fenner & Smith Incorporated, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) to calculate and maintain the Index. The Index is not sponsored by S&P Dow Jones Indices or its affiliates or its third party licensors (collectively, “S&P Dow Jones Indices”). S&P Dow Jones Indices will not be liable for any errors or omissions in calculating the Index. “Calculated by S&P Dow Jones Indices” and the related stylized mark(s) are service marks of S&P Dow Jones Indices and have been licensed for use by Merrill Lynch, Pierce, Fenner & Smith Incorporated. Index Disclosure for the ML Strategic Balanced Index

34. 34 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries.. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange. Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIG_LatestNews | LinkedIn: http://www.linkedin.com/company/aig AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries, and coverage is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.