Primerica (NYSE: PRI) lifts Q2 2026 revenue 9% and EPS 19% on record sales

Rhea-AI Filing Summary

Primerica, Inc. reported strong results for the quarter ended June 30, 2026. Total revenues were $865 million, up 9% from a year earlier. Net income rose to $202 million, and diluted EPS increased 19% to $6.45. Adjusted operating revenues were $863 million, while adjusted net operating income reached $201 million, driving a 17% increase in diluted adjusted operating EPS to $6.41.

The investment and savings products business was a key growth driver, with record product sales of $4.4 billion, up 23%, and client asset values ending the quarter at $140 billion, up 16%. Term Life delivered stable premiums and cash flow, though pre-tax income declined modestly. The company returned $172 million to stockholders in the quarter, including $135 million of share repurchases and a dividend, and the Board declared a $1.20 per share dividend payable on September 14, 2026.

Positive

• Diluted EPS grew 19% to $6.45 and net income rose 13% to $202 million, reflecting solid profitability alongside a 9% increase in total revenues to $865 million.
• The investment and savings products segment posted record sales of $4.4 billion, up 23%, with client asset values reaching $140 billion, up 16%, and segment pre-tax income rising 31% to $104 million.
• Capital return was robust, with $135 million of share repurchases and about $37 million of dividends in the quarter, totaling $172 million returned to stockholders and approximately $352 million year-to-date.

Negative

• The Term Life segment’s pre-tax income declined 4% to $148 million, alongside a 12% drop in life insurance policies issued and a 15% decline in new life-licensed representatives.
• The life-licensed sales force shrank 3% year-over-year to 148,612 as of June 30, 2026, potentially pressuring future life insurance policy growth.

Filing Explained

At June 30, 2026, common shares were 30,898,185 and adjusted stockholders’ equity was $2,442,793 thousand versus GAAP equity of $2,522,954 thousand.

The Form 8-K reports the completed quarter ended June 30, 2026; its added structural detail is the common-share count following the company’s reported repurchases.

The supplement lists 30,898,185 outstanding common shares at June 30, 2026, compared with 32,545,209 at June 30, 2025; the count excludes restricted stock units.

The company’s adjusted operating measures exclude investment gains, losses and mark-to-market adjustments, while adjusted stockholders’ equity also excludes specified unrealized investment and discount-rate effects, so these figures are analytical presentations alongside GAAP results.

At June 30, 2026, GAAP stockholders’ equity was $2,522,954 thousand and adjusted stockholders’ equity was $2,442,793 thousand; the filing therefore presents two equity bases rather than one interchangeable figure.

8-K Event Classification

3 items: 2.02, 7.01, 9.01

3 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Total revenues: $865,067,000 Net income: $202,278,000 Diluted EPS: $6.45 +5 more

8 metrics

Total revenues $865,067,000 Quarter ended June 30, 2026; increased 9% vs Q2 2025

Net income $202,278,000 Quarter ended June 30, 2026; increased 13% vs Q2 2025

Diluted EPS $6.45 Quarter ended June 30, 2026; increased 19% vs Q2 2025

Adjusted net operating income $200,953,000 Quarter ended June 30, 2026; increased 11% vs Q2 2025

Diluted adjusted operating EPS $6.41 Quarter ended June 30, 2026; increased 17% vs Q2 2025

Investment and savings product sales $4.4 billion Q2 2026 record sales; up 23% year-over-year

Client asset values $140 billion Ended Q2 2026; up 16% year-over-year

Share repurchases in quarter $135 million Common stock repurchased during second quarter of 2026

Key Terms

adjusted net operating income, risk-based capital ratio, IPO coinsurance transactions, deferred policy acquisition costs, +1 more

5 terms

adjusted net operating income financial

"Adjusted net operating income of $201 million increased 11%..."

Adjusted net operating income is the profit a company earns from its core business after removing or smoothing one-time events, unusual charges, and non-operating items so the number shows recurring performance. Investors care because it aims to reveal the business’s steady cash-generating ability—like looking at a car’s running cost after ignoring a single flat tire—to judge sustainable profitability and compare performance across periods or peers.

risk-based capital ratio financial

"estimated statutory risk-based capital ratio was approximately 440%..."

A risk-based capital ratio compares a financial firm's capital (the cushion of money it can lose without collapsing) to its assets after those assets are scaled up or down based on how risky they are. Think of it like measuring how strong a boat's lifeboats are relative to how stormy the water is—higher ratios mean a bigger safety buffer. Investors use it to judge a bank or insurer's ability to survive losses and to predict regulatory pressure or limits on dividends and growth.

IPO coinsurance transactions financial

"amounts ceded under the IPO coinsurance transactions in measuring adjusted direct premiums..."

deferred policy acquisition costs financial

"Amortization of deferred policy acquisition costs was $85,128..."

Deferred policy acquisition costs are upfront sales and onboarding expenses — such as commissions and underwriting costs — that an insurer records as an asset and then spreads out over the life of the insurance policies as the company earns premiums. For investors, these costs matter because how quickly they are written off affects reported profits and the apparent health of an insurer’s balance sheet, similar to spreading the cost of a season ticket over the months you use it.

mark-to-market investment adjustments financial

"exclude investment gains (losses) and fair value mark-to-market (MTM) investment adjustments..."

Earnings Snapshot

Total revenues: $865,067,000

Quarter ended June 30, 2026

Total revenues $865,067,000 up 9% vs Q2 2025

Net income $202,278,000 up 13% vs Q2 2025

Diluted EPS $6.45 up 19% vs Q2 2025

Adjusted operating revenues $863,376,000 up 8% vs Q2 2025

Adjusted net operating income $200,953,000 up 11% vs Q2 2025

Diluted adjusted operating EPS $6.41 up 17% vs Q2 2025

Investment and savings product sales $4.4 billion up 23% vs Q2 2025

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/05/2026 - 04:30 PM Accepted by SEC EDGAR 08/05/2026 - 04:29 PM Learn about SEC filing dates

FAQ

How did Primerica (PRI) perform financially in Q2 2026?

Primerica reported Q2 2026 revenues of $865 million, up 9%, and net income of $202 million, up 13%. Diluted EPS increased 19% to $6.45, while adjusted net operating income rose 11% to $201 million, highlighting broad-based earnings growth.

What were Primerica (PRI)’s non-GAAP results for Q2 2026?

Adjusted operating revenues were $863 million, up 8%, and adjusted net operating income was $200.9 million, up 11%. Diluted adjusted operating EPS rose 17% to $6.41, excluding investment gains/losses and mark-to-market adjustments from operating performance.

How did Primerica (PRI)’s investment and savings products segment perform in Q2 2026?

Investment and savings products delivered record $4.4 billion in sales, up 23%. Segment revenues rose 21% to $361 million and pre-tax income increased 31% to $104 million. Client asset values ended the quarter at $140 billion, up 16% year-over-year.

What trends did Primerica (PRI) see in its Term Life business in Q2 2026?

Term Life revenues were about $444 million with 3% growth in adjusted direct premiums, but pre-tax income declined 4% to $148 million. Policies issued fell 12% to 78,904 and estimated annualized issued premium decreased 9% to $89.9 million.

How much capital did Primerica (PRI) return to shareholders in Q2 2026?

Primerica repurchased $135 million of common stock and paid about $37 million in dividends in Q2 2026, returning $172 million in total. Year-to-date capital returned to stockholders was approximately $352 million through June 30, 2026.

What dividend did Primerica (PRI) declare related to Q2 2026?

The Board approved a $1.20 per share dividend payable on September 14, 2026 to stockholders of record as of August 21, 2026. This continues Primerica’s pattern of returning cash to shareholders through regular dividends and buybacks.

What was Primerica (PRI)’s capital strength at June 30, 2026?

Primerica Life Insurance Company’s estimated statutory risk-based capital ratio was about 440% at June 30, 2026. Total stockholders’ equity stood at $2.52 billion, with adjusted stockholders’ equity of $2.44 billion, indicating a solid capital position.

false000147592200014759222026-08-052026-08-05

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

DATE OF REPORT (Date of earliest event reported): August 5, 2026

Primerica, Inc.

(Exact Name of Registrant as Specified in Its Charter)

Delaware			001-34680		27-1204330
(State or other jurisdiction of incorporation)			(Commission File Number)		(IRS Employer Identification No.)
			1 Primerica Parkway Duluth, Georgia 30099
	(Address of Principal Executive Offices, and Zip Code)

(770) 381-1000

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock	PRI	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On August 5, 2026, Primerica, Inc. (the “Company”) announced its results of operations for the quarter ended June 30, 2026. A copy of the press release is attached hereto as Exhibit 99.1.

The information provided pursuant to this Item 2.02, including Exhibit 99.1 in Item 9.01, is “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such section, and shall not be incorporated by reference in any filing made by the Company under the Exchange Act or the Securities Act of 1933, as amended (the “Securities Act”), except to the extent expressly set forth by specific reference in any such filings.

Use of Non-GAAP Financial Measures.

In addition to reporting financial results in accordance with U.S. generally accepted accounting principles (“GAAP”), the Company presents certain non-GAAP financial measures. Specifically, the Company presents adjusted direct premiums, other ceded premiums, adjusted operating revenues, adjusted operating income before income taxes, adjusted net operating income, diluted adjusted operating earnings per share and adjusted stockholders’ equity.

Adjusted direct premiums and other ceded premiums are net of amounts ceded under coinsurance transactions that were executed concurrent with our initial public offering (the “IPO coinsurance transactions”) for all periods presented. We exclude amounts ceded under the IPO coinsurance transactions in measuring adjusted direct premiums and other ceded premiums to present meaningful comparisons of the actual premiums economically maintained by the Company. Amounts ceded under the IPO coinsurance transactions will continue to decline over time as policies terminate within this block of business.

Adjusted operating revenues, adjusted operating income before income taxes, adjusted net operating income and diluted adjusted operating earnings per share exclude the impact of investment gains (losses), including credit impairments, and fair value mark-to-market (“MTM”) investment adjustments for all periods presented. We exclude investment gains (losses), including credit impairments, and MTM investment adjustments in measuring these non-GAAP financial measures to eliminate period-over-period fluctuations that may obscure comparisons of operating results due to items such as the timing of recognizing gains (losses) and market pricing variations prior to an invested asset’s maturity or sale that are not directly associated with the Company’s insurance operations.

Adjusted stockholders’ equity excludes the impact of net unrealized investment gains (losses) recorded in accumulated other comprehensive income (loss) for all periods presented. We exclude unrealized investment gains (losses) in measuring adjusted stockholders’ equity as unrealized gains (losses) from the Company’s available-for-sale securities are largely caused by market movements in interest rates and credit spreads that do not necessarily correlate with the cash flows we will ultimately realize when an available-for-sale security matures or is sold. Adjusted stockholders’ equity also excludes the difference in future policy benefits calculated using the current discount rate and future policy benefits calculated using the locked-in discount rate at contract issuance recognized in accumulated other comprehensive income (loss). We exclude the impact from the difference in the discount rate in measuring adjusted stockholders' equity as such difference is caused by market movements in interest rates that are not permanent and may not align with the cash flows we will ultimately incur when policy benefits are settled.

Our definitions of these non-GAAP financial measures may differ from the definitions of similar measures used by other companies. Management uses these non-GAAP financial measures in making financial, operating and planning decisions and in evaluating the Company’s performance. Furthermore, management believes that these non-GAAP financial measures may provide users with additional

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meaningful comparisons between current results and results of prior periods as they are expected to be reflective of the core ongoing business. These measures have limitations and users should not consider them in isolation or as a substitute for analysis of the Company’s results as reported under GAAP.

Reconciliations of GAAP to non-GAAP financial measures are included as attachments to the press release which has been posted in the “Investor Relations” section of our website at https://investors.primerica.com.

Item 7.01 Regulation FD Disclosure.

On August 5, 2026, the Company posted to the “Investor Relations” section of its website certain supplemental financial information relating to the quarter ended June 30, 2026. A copy of the supplemental financial information is attached hereto as Exhibit 99.2.

The information provided pursuant to this Item 7.01, including Exhibit 99.2 in Item 9.01, is “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of such section, and shall not be incorporated by reference in any filing made by the Company under the Exchange Act or the Securities Act, except to the extent expressly set forth by specific reference in any such filings.

Item 9.01.		Financial Statements and Exhibits.
(d) Exhibits.
99.1		Press Release dated August 5, 2026 – Primerica Reports Second Quarter 2026 Results
99.2		Primerica, Inc. Supplemental Financial Information – Second Quarter 2026
104		Cover Page from this Current Report on Form 8-K, formatted in Inline XBRL

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 5, 2026		PRIMERICA, INC.
		/s/ Tracy Tan
		Tracy Tan
		Executive Vice President and Chief Financial Officer

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PRIMERICA REPORTS SECOND QUARTER 2026 RESULTS

Record investment sales of $4.4 billion, up 23%

All-time high client asset values ended the quarter at $140 billion, up 16%

Life-licensed sales force totaled 148,612 at June 30, 2026

Net premiums increased 1%; adjusted direct premiums increased 3%

Net earnings per diluted share (EPS) of $6.45 increased 19%; return on stockholders’ equity (ROE) of 32.1%

Diluted adjusted operating EPS of $6.41 increased 17%; adjusted net operating income return on adjusted stockholders’ equity (ROAE) of 33.1%

Repurchases of $135 million of common stock during the quarter;

declared dividend of $1.20 per share payable on September 14, 2026

Duluth, GA, Aug. 5, 2026 – Primerica, Inc. (NYSE: PRI) reported financial results for the quarter ended June 30, 2026. Total revenues of $865 million increased 9% compared to the second quarter of 2025. Net income of $202 million increased 13% and net earnings per diluted share of $6.45 increased 19% compared to the prior year period.

Adjusted operating revenues of $863 million increased 8% compared to the second quarter of 2025. Adjusted net operating income of $201 million increased 11%, while adjusted operating earnings per diluted share of $6.41 increased 17% compared to the prior year period.

During the second quarter of 2026, the Company's financial results reflected continued strength in its investment business. Sales growth was driven by strong client demand and attractive product offerings, while favorable equity market performance contributed to client asset value growth. The Term Life business continued to generate stable earnings and predictable cash flow, reflecting the Company’s large in-force block of term life insurance policies.

“Our second quarter results demonstrated the strength and resilience of Primerica’s complementary business model, with our insurance business providing stability while our investment business drives growth,” said Glenn Williams, Chief Executive Officer. “The

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need for our products and services remains strong, and our representatives continue to play an important role in helping underserved middle-income families address their protection needs and build long-term financial security.”

Second Quarter Distribution & Segment Results

Distribution Results
		Q2 2026				Q2 2025				% Change
Life-Licensed Sales Force			148,612				152,592				(3	)%
Recruits			82,346				80,924				2	%
New Life-Licensed Representatives			11,020				12,903				(15	)%
Life Insurance Policies Issued			78,904				89,850				(12	)%
Life Productivity (1)			0.18				0.20			*
Issued Term Life Face Amount ($ billions) (2)		$	27.7			$	30.3				(8	)%
ISP Product Sales ($ billions)		$	4.4			$	3.5				23	%
Average Client Asset Values ($ billions)		$	135.5			$	114.0				19	%
Closed U.S. Mortgage Volume ($ million brokered)		$	150.6			$	132.8				13	%

(1)Life productivity equals the average monthly policies issued divided by the average number of life insurance licensed representatives.

(2)Includes face amount on issued term life policies, additional riders added to existing policies, and face increases under increasing benefit riders.

* Not calculated or less than 1%

Segment Results
		Q2 2026				Q2 2025				% Change
		($ in thousands)
Adjusted Operating Revenues:
Term Life Insurance		$	443,605			$	441,834			*
Investment and Savings Products			360,518				298,298				21	%
Corporate and Other Distributed Products (1)			59,253				55,886				6	%
Total adjusted operating revenues (1)		$	863,376			$	796,018				8	%
Adjusted Operating Income (Loss) before   income taxes:
Term Life Insurance		$	148,479			$	155,012				(4	)%
Investment and Savings Products			104,215				79,421				31	%
Corporate and Other Distributed Products (1)			3,834				2,748				40	%
Total adjusted operating income before income taxes (1)		$	256,528			$	237,181				8	%

(1)See the Non-GAAP Financial Measures section and the Adjusted Operating Results reconciliation tables at the end of this release for additional information.

* Not calculated or less than 1%

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Life Insurance Licensed Sales Force

During the second quarter of 2026, recruiting increased 2% year-over-year to 82,346 new recruits. A total of 11,020 representatives obtained a new life insurance license, decreasing 15% compared to the prior year period. The life-licensed sales force totaled 148,612 as of June 30, 2026.

Term Life Insurance

During the second quarter of 2026, estimated annualized issued premium of $89.9 million decreased 9% compared to the prior year period. The Company issued 78,904 new life insurance policies, representing 12% fewer policies than the prior year period, with total face amount issued of $27.7 billion.

Second quarter Term Life revenues were $444 million, with 3% growth in adjusted direct premiums. Pre-tax income was $148 million, 4% lower compared to the prior year period. The current year period included a $4.9 million remeasurement gain compared to a $5.7 million remeasurement gain during the prior year period. The benefits and claims ratio was 57.9% and the DAC amortization and insurance commissions ratio was 12.3%, in line with the prior year period. The insurance expense ratio was 8.4% compared to 7.6% in the prior year period. The Term Life segment operating margin was 21.3%.

Investment and Savings Products (ISP)

During the second quarter of 2026, total product sales were $4.4 billion, a 23% increase compared to the prior year period. Strong client demand across product lines and favorable equity market performance contributed to growth in both sales and client asset values. Client asset values ended the quarter at $140 billion, up 16% year-over-year, while flows remained positive with net inflows of $397 million during the second quarter of 2026.

Second quarter ISP revenues of $361 million increased 21% compared to the prior year period, while income before income taxes of $104 million increased 31% year-over-year. Sales-based commission revenues increased 17%, largely in line with commissionable sales. Asset-based commission revenues increased 28%, outpacing the 19% increase in average client asset values due to a favorable product mix, including continued growth in U.S. managed accounts and Canadian mutual funds distributed under the principal distributor model.

Corporate and Other Distributed Products

During the second quarter of 2026, the Corporate and Other Distributed Products segment recorded pre-tax adjusted operating income of $3.8 million compared to $2.7 million in the prior year period. The increase was primarily driven by higher net investment income reflecting continued growth in the invested asset portfolio.

Taxes

The effective income tax rate was 21.7% during the second quarter of 2026 compared with 23.9% in the second quarter of 2025.

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Capital

During the second quarter of 2026, the Company repurchased $135 million of common stock and paid approximately $37 million in dividends, returning $172 million to stockholders. Year-to-date capital returned to stockholders totaled approximately $352 million.

The Board of Directors approved a dividend of $1.20 per share payable on September 14, 2026, to stockholders of record on August 21, 2026. Primerica Life Insurance Company's estimated statutory risk-based capital ratio was approximately 440% as of June 30, 2026.

Non-GAAP Financial Measures

In addition to reporting financial results in accordance with U.S. generally accepted accounting principles (GAAP), the Company presents certain non-GAAP financial measures. Specifically, the Company presents adjusted direct premiums, other ceded premiums, adjusted operating revenues, adjusted operating income before income taxes, adjusted net operating income, diluted adjusted operating earnings per share and adjusted stockholders' equity.

Adjusted direct premiums and other ceded premiums are net of amounts ceded under coinsurance transactions that were executed concurrent with our initial public offering (the IPO coinsurance transactions) for all periods presented. We exclude amounts ceded under the IPO coinsurance transactions in measuring adjusted direct premiums and other ceded premiums to present meaningful comparisons of the actual premiums economically maintained by the Company. Amounts ceded under the IPO coinsurance transactions will continue to decline over time as policies terminate within this block of business.

Adjusted operating revenues, adjusted operating income before income taxes, adjusted net operating income and diluted adjusted operating earnings per share exclude the impact of investment gains (losses), including credit impairments, and fair value mark-to-market (MTM) investment adjustments for all periods presented. We exclude investment gains (losses), including credit impairments, and MTM investment adjustments in measuring these non-GAAP financial measures to eliminate period-over-period fluctuations that may obscure comparisons of operating results due to items such as the timing of recognizing gains (losses) and market pricing variations prior to an invested asset’s maturity or sale that are not directly associated with the Company’s insurance operations.

Adjusted stockholders’ equity excludes the impact of net unrealized investment gains (losses) recorded in accumulated other comprehensive income (loss) for all periods presented. We exclude unrealized investment gains (losses) in measuring adjusted stockholders’ equity as unrealized gains (losses) from the Company’s available-for-sale securities are largely caused by market movements in interest rates and credit spreads that do not necessarily correlate with the cash flows we will ultimately realize when an available-for-sale security matures or is sold. Adjusted stockholders’ equity also excludes

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the difference in future policy benefits calculated using the current discount rate and future policy benefits calculated using the locked-in discount rate at contract issuance recognized in accumulated other comprehensive income (loss). We exclude the impact from the difference in the discount rate in measuring adjusted stockholders' equity as such difference is caused by market movements in interest rates that are not permanent and may not align with the cash flows we will ultimately incur when policy benefits are settled.

Our definitions of these non-GAAP financial measures may differ from the definitions of similar measures used by other companies. Management uses these non-GAAP financial measures in making financial, operating and planning decisions and in evaluating the Company’s performance. Furthermore, management believes that these non-GAAP financial measures may provide users with additional meaningful comparisons between current results and results of prior periods as they are expected to be reflective of the core ongoing business. These measures have limitations and users should not consider them in isolation or as a substitute for analysis of the Company’s results as reported under GAAP. Reconciliations of GAAP to non-GAAP financial measures are attached to this release.

Earnings Webcast Information

Primerica will hold a webcast on Thursday, August 6, 2026, at 10:00 a.m. (ET), to discuss the quarter’s results. To access the webcast, go to https://investors.primerica.com at least 15 minutes prior to the event to register, download and install any necessary software. A replay of the call will be available for approximately 30 days. This release and a detailed financial supplement will be posted on Primerica’s website.

Forward-Looking Statements

Except for historical information contained in this press release, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements contain known and unknown risks and uncertainties that may cause our actual results in future periods to differ materially from anticipated or projected results. Those risks and uncertainties include, among others, our failure to continue to attract and license new recruits, retain independent sales representatives or license or maintain the licensing of independent sales representatives; laws or regulations that could apply to our distribution model, which could require us to modify our distribution structure; changes to the independent contractor status of sales representatives; our or independent sales representatives’ violation of or non-compliance with laws and regulations; litigation and regulatory investigations and actions concerning us or independent sales representatives; differences between our actual experience and our expectations regarding mortality, reinsurance, persistency, or disability as reflected in the pricing for our insurance policies; changes in federal, state and provincial legislation or regulation that affects our insurance, investment product and mortgage businesses; our failure to meet regulatory capital ratios or other minimum capital and surplus requirements; a significant downgrade by a ratings organization; the failure of our reinsurers or reserve

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financing counterparties to perform their obligations; the failure of our investment products to remain competitive with other investment options or the loss of our relationship with one or more of the companies whose investment products we provide; heightened standards of conduct or more stringent licensing requirements for independent sales representatives; inadequate policies and procedures regarding suitability review of client transactions; revocation of our subsidiary’s status as a non-bank custodian; a significant change to or disruption in the mortgage lenders’ mortgage businesses or an inability of the mortgage lenders to satisfy their contractual obligations to us; changes in prevailing mortgage interest rates or U.S. monetary policies that affect mortgage interest rates; economic downcycles that impact our business, financial condition and results of operations; major public health pandemics, epidemics or outbreaks or other catastrophic events; the failure of our or a third-party partner’s information technology systems, breach of our information security, failure of our business continuity plan or the loss of the Internet; any failure to protect the confidentiality of client information; the current legislative and regulatory climate with regard to privacy and cybersecurity; cyber-attack(s), security breaches; the development and use of artificial intelligence; the efficiency and success of business initiatives taken to enhance our technology, products and services; the effects of credit deterioration and interest rate fluctuations on our invested asset portfolio and other assets; incorrectly valuing our investments; changes in accounting standards may impact how we record and report our financial condition and results of operations; the inability of our subsidiaries to pay dividends or make distributions; laws and regulations in the U.S. and Canada, executive branch actions, orders and policies, judicial rulings and decisions by public officials impacting our business; the legislative and regulatory environment regarding climate change; litigation and regulatory investigations and actions; a significant change in the competitive environment in which we operate; the loss of key personnel or sales force leaders; inability to effectively execute our corporate strategy; and fluctuations in the market price of our common stock or Canadian currency exchange rates. These and other risks and uncertainties affecting us are more fully described in our filings with the Securities and Exchange Commission, which are available in the "Investor Relations" section of our website at https://investors.primerica.com. Primerica assumes no duty to update its forward-looking statements as of any future date.

About Primerica, Inc.

Primerica, Inc. is a leading diversified financial services distribution company serving middle-income households in the United States and Canada. Our licensed representatives educate families on how to prepare for a more secure financial future and help them achieve their financial goals with our term life insurance and third-party mutual funds, managed accounts, annuities, loans and other financial products. We insured over 5.5 million lives and had approximately 3.1 million client investment accounts as of December 31, 2025. Through our life insurance subsidiaries in North America, in 2025 Primerica was the #3 issuer of term life insurance, which we largely reinsure. Primerica stock is included in the S&P MidCap 400 and the Russell 1000 stock indices and is traded on The New York Stock Exchange under the symbol “PRI”. We are headquartered in Duluth, Georgia.

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Investor Contact:

Nicole Russell

470-564-6663
Email: Nicole.Russell@Primerica.com

Media Contact:

Susan Chana

404-229-8302

Email: Susan.Chana@Primerica.com

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PRIMERICA, INC. AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
		(Unaudited)
		June 30, 2026				December 31, 2025
		(In thousands)
Assets
Investments:
Fixed-maturity securities available-for-sale, at fair value		$	3,471,682			$	3,265,246
Fixed-maturity security held-to-maturity, at amortized cost			1,073,520				1,175,380
Short-term investments available-for-sale, at fair value			4,950			-
Equity securities, at fair value			29,265				26,433
Trading securities, at fair value			32,376				12,801
Policy loans and other invested assets			120,736				56,233
Total investments			4,732,529				4,536,093
Cash and cash equivalents			600,183				756,227
Accrued investment income			33,330				30,122
Reinsurance recoverables			2,450,745				2,564,952
Deferred policy acquisition costs, net			3,991,486				3,915,998
Agent balances, due premiums and other receivables			291,440				275,171
Intangible asset			45,275				45,275
Income taxes			181,028				177,302
Operating lease right-of-use assets			39,697				41,900
Other assets			259,728				387,776
Separate account assets			2,156,498				2,281,520
Total assets		$	14,781,939			$	15,012,336
Liabilities and stockholders' equity
Liabilities:
Future policy benefits		$	6,803,364			$	6,818,179
Unearned and advance premiums			16,423				15,521
Policy claims and other benefits payable			489,108				495,356
Other policyholders' funds			344,437				356,427
Note payable			595,716				595,315
Surplus note			1,073,291				1,175,119
Income taxes			24,907				147,960
Operating lease liabilities			46,852				49,565
Other liabilities			619,810				546,596
Payable under securities lending			88,579				84,876
Separate account liabilities			2,156,498				2,281,520
Total liabilities			12,258,985				12,566,434
Common stock			309				318
Retained earnings			2,473,436				2,416,149
Accumulated other comprehensive income (loss), net of income tax:
Effect of change in discount rate assumptions on the liability for future policy benefits			190,796				134,594
Unrealized foreign currency translation gains (losses)			(30,952	)			(15,836	)
Net unrealized gains (losses) on available-for-sale securities			(110,635	)			(89,323	)
Total stockholders' equity			2,522,954				2,445,902
Total liabilities and stockholders' equity		$	14,781,939			$	15,012,336

8

PRIMERICA, INC. AND SUBSIDIARIES
Condensed Consolidated Statements of Income
(Unaudited)
		Three months ended June 30,
		2026				2025
		(In thousands, except per-share amounts)
Revenues:
Direct premiums		$	877,754			$	866,254
Ceded premiums			(442,280	)			(433,408	)
Net premiums			435,474				432,846
Commissions and fees			368,610				306,032
Net investment income			43,738				40,928
Investment gains (losses)			1,691				(2,866	)
Other, net			15,554				16,394
Total revenues			865,067				793,334
Benefits and expenses:
Benefits and claims			147,328				152,494
Future policy benefits remeasurement (gain) loss			(5,038	)			(5,895	)
Amortization of deferred policy acquisition costs			85,128				80,043
Sales commissions			201,924				166,291
Insurance expenses			71,159				64,362
Insurance commissions			5,778				5,751
Interest expense			5,833				6,000
Other operating expenses			94,736				89,791
Total benefits and expenses			606,848				558,837
Income before income taxes			258,219				234,497
Income taxes			55,941				56,153
Net income		$	202,278			$	178,344
Earnings per share attributable to common stockholders:
Basic earnings per share		$	6.46			$	5.41
Diluted earnings per share		$	6.45			$	5.40
Weighted-average shares used in computing   earnings per share:
Basic			31,196				32,870
Diluted			31,237				32,911

9

PRIMERICA, INC. AND SUBSIDIARIES
Consolidated Adjusted Operating Results Reconciliation
(Unaudited)
		Three months ended June 30,
		2026				2025				% Change
		(In thousands, except per-share amounts)
Total revenues		$	865,067			$	793,334				9	%
Less: Investment (losses) gains			1,691				(2,866	)
Less: 10% deposit asset MTM included in NII			-				182
Adjusted operating revenues		$	863,376			$	796,018				8	%
Income before income taxes		$	258,219			$	234,497				10	%
Less: Investment (losses) gains			1,691				(2,866	)
Less: 10% deposit asset MTM included in NII			-				182
Adjusted operating income before income taxes		$	256,528			$	237,181				8	%
Net Income		$	202,278			$	178,344				13	%
Less: Investment (losses) gains			1,691				(2,866	)
Less: 10% deposit asset MTM included in NII			-				182
Less: Tax impact of preceding items			(366	)			643
Adjusted net operating income		$	200,953			$	180,385				11	%
Diluted earnings per share		$	6.45			$	5.40				19	%
Less: Net after-tax impact of operating adjustments			0.04				(0.06	)
Diluted adjusted operating earnings per share		$	6.41			$	5.46				17	%

10

TERM LIFE INSURANCE SEGMENT
Adjusted Premiums Reconciliation
(Unaudited)
		Three months ended June 30,
		2026				2025				% Change
		(In thousands)
Direct premiums		$	873,604			$	861,919				1	%
Less: Premiums ceded to IPO coinsurers			176,766				187,988
Adjusted direct premiums			696,838				673,931				3	%
Ceded premiums			(441,242	)			(432,306	)
Less: Premiums ceded to IPO coinsurers			(176,766	)			(187,988	)
Other ceded premiums			(264,476	)			(244,318	)
Net premiums		$	432,362			$	429,613				1	%

CORPORATE AND OTHER DISTRIBUTED PRODUCTS SEGMENT
Adjusted Operating Results Reconciliation
(Unaudited)
		Three months ended June 30,
		2026				2025				% Change
		(In thousands)
Total revenues		$	60,944			$	53,202				15	%
Less: Investment gains (losses)			1,691				(2,866	)
Less: 10% deposit asset MTM included in NII			-				182
Adjusted operating revenues		$	59,253			$	55,886				6	%
Income (loss) before income taxes		$	5,525			$	64			NM
Less: Investment gains (losses)			1,691				(2,866	)
Less: 10% deposit asset MTM included in NII			-				182
Adjusted operating income (loss) before income taxes		$	3,834			$	2,748				40	%

PRIMERICA, INC. AND SUBSIDIARIES
Adjusted Stockholders' Equity Reconciliation
(Unaudited)
		June 30, 2026				December 31, 2025				% Change
		(In thousands)
Stockholders' equity		$	2,522,954			$	2,445,902				3	%
Less: Net unrealized gains (losses)			(110,635	)			(89,323	)
Less: Effect of change in discount rate assumptions               on the liability for future policy benefits			190,796				134,594
Adjusted stockholders' equity		$	2,442,793			$	2,400,631				2	%

11

Exhibit 99.2

Supplemental Financial Information

Second Quarter 2026

Table of Contents PRIMERICA, INC. Financial Supplement

	Page
Preface, definition of non-GAAP financial measures	3
Condensed balance sheets and reconciliation of balance sheet non-GAAP to GAAP financial measures	4
Financial results and other statistical data	5
Statements of income	6
Reconciliation of statement of income GAAP to non-GAAP financial measures	7
Segment operating results
Term Life Insurance segment - financial results, financial analysis, and key statistics	8-9
Investment and Savings Products segment - financial results, financial analysis, and key statistics	10-11
Corporate & Other Distributed Products segment - financial results	12
Investment portfolio	13-15
Five-year historical key statistics	16

This document may contain forward-looking statements and information. Additional information and factors that could cause actual results to differ materially from any forward-looking statements or information in this document is available in our Form 10-K for the year ended December 31, 2025.

2 of 16

Preface PRIMERICA, INC. Financial Supplement

Second Quarter 2026

This document is a financial supplement to our second quarter 2026 earnings release. It is designed to enable comprehensive analysis of our ongoing business using the same core metrics that our management utilizes in assessing our business and making strategic and operational decisions. Throughout this document we provide financial information that is derived from our U.S. GAAP financial statements and adjusted for three different purposes, as follows:

•Operating adjustments exclude the impact of investment gains/losses, including credit impairments and mark-to-market (MTM) investment adjustments. We exclude investment gains/losses, including credit impairments, and MTM investment adjustments in measuring adjusted operating revenues to eliminate period-over-period fluctuations that may obscure comparisons of operating results due to items such as the timing of recognizing gains and losses and other factors prior to an invested asset's maturity or sale that are not directly associated with the Company's insurance operations. Adjusted net operating income and diluted adjusted operating earnings per share also exclude the tax effect of pre-tax operating adjustments.

•Adjusted stockholders’ equity refers to the removal of the impact of net unrealized gains and losses on invested assets. We exclude unrealized investment gains and losses in measuring adjusted stockholders' equity as unrealized gains and losses from the Company's invested assets are largely caused by market movements in interest rates and credit spreads that do not necessarily correlate with the cash flows we will ultimately realize when an invested asset matures or is sold. Adjusted stockholders' equity also excludes the difference in future policy benefits calculated using the current discount rate and future policy benefits calculated using the locked-in discount rate at contract issuance recognized in accumulated other comprehensive income. We exclude the impact from the difference in the discount rate in measuring adjusted stockholders' equity as it is caused by market movements in interest rates that are not permanent and may not align with the cash flow we will ultimately incur when policy benefits are settled.

•IPO coinsurance transactions adjustments relate to transactions in the first quarter of 2010, where we coinsured between 80% and 90% of our business that was in-force at year-end 2009 to entities then affiliated with Citigroup Inc. that were executed concurrent with our initial public offering (IPO). We exclude amounts ceded under the IPO coinsurance transactions in measuring adjusted direct premiums and other ceded premiums to present meaningful comparisons of the actual premiums economically maintained by the Company. Amounts ceded under the IPO coinsurance transactions will continue to decline over time as policies terminate within this block of business.

Management utilizes these non-GAAP financial measures in managing the business and believes they present relevant and meaningful analytical metrics for evaluating the ongoing business. Reconciliations of non-GAAP to GAAP financial measures are included in this financial supplement.

Certain items throughout this supplement may not add due to rounding and as such, may not agree to other public reporting of the respective item. Certain items throughout this supplement are noted as ‘na’ to indicate not applicable. Certain variances are noted as ‘nm’ to indicate not meaningful.

3 of 16

Balance Sheets and Reconciliation of Balance Sheet Non-GAAP to GAAP Financial Measures PRIMERICA, INC. Financial Supplement

(Dollars in thousands)							Mar 31, 2025			Jun 30, 2025			Sep 30, 2025			Dec 31, 2025			Mar 31, 2026			Jun 30, 2026			Sep 30, 2026	Dec 31, 2026
Balance Sheets
Assets:
	Investments and cash excluding securities held to maturity						$	3,784,534		$	3,798,697		$	3,885,589		$	4,116,941		$	4,206,352		$	4,259,192
	Securities held to maturity							1,285,340			1,258,800			1,241,540			1,175,380			1,130,730			1,073,520
			Total investments and cash					5,069,874			5,057,497			5,127,129			5,292,321			5,337,082			5,332,712
	Reinsurance recoverables							2,722,544			2,698,144			2,596,597			2,564,952			2,480,051			2,450,745
	Deferred policy acquisition costs							3,742,693			3,817,119			3,863,442			3,915,998			3,954,334			3,991,486
	Other assets							935,802			938,583			946,717			957,544			783,400			850,498
	Separate account assets							2,118,098			2,318,492			2,313,874			2,281,520			2,122,558			2,156,498
			Total assets				$	14,589,010		$	14,829,834		$	14,847,759		$	15,012,336		$	14,677,426		$	14,781,939
Liabilities:
	Future policy benefits						$	6,637,937		$	6,719,044		$	6,816,778		$	6,818,179		$	6,728,920		$	6,803,364
	Other policy liabilities							907,038			906,558			862,242			867,305			848,328			849,968
	Other liabilities							692,224			641,378			618,061			744,121			646,724			691,570
	Debt obligations							594,713			594,913			595,114			595,315			595,516			595,716
	Surplus note							1,285,032			1,258,508			1,241,263			1,175,119			1,130,485			1,073,291
	Payable under securities lending							97,560			83,425			104,535			84,876			85,020			88,579
	Separate account liabilities							2,118,098			2,318,492			2,313,874			2,281,520			2,122,558			2,156,498
			Total liabilities					12,332,601			12,522,318			12,551,868			12,566,435			12,157,552			12,258,986
Stockholders’ equity:
	Common stock ($0.01 par value) (1)							330			325			321			318			313			309
	Paid-in capital							—			—			—			—			—			—
	Retained earnings							2,253,435			2,270,996			2,319,750			2,416,149			2,440,207			2,473,436
	Accumulated other comprehensive income (loss), net:
		Net unrealized gains (losses)						(133,764	)		(124,629	)		(91,680	)		(89,323	)		(121,051	)		(110,635	)
		Effect of change in discount rate assumptions on the liability for future policy benefits						171,599			174,626			89,692			134,594			223,792			190,796
		Cumulative translation adjustment						(35,191	)		(13,803	)		(22,191	)		(15,836	)		(23,388	)		(30,952	)
			Total stockholders’ equity					2,256,409			2,307,516			2,295,892			2,445,901			2,519,874			2,522,953
			Total liabilities and stockholders' equity				$	14,589,010		$	14,829,834		$	14,847,759		$	15,012,336		$	14,677,426		$	14,781,939
Reconciliation of Total Stockholders' Equity to Adjusted Stockholders' Equity
Total stockholders' equity							$	2,256,409		$	2,307,516		$	2,295,892		$	2,445,901		$	2,519,874		$	2,522,953
	Less: Net unrealized gains (losses)							(133,764	)		(124,629	)		(91,680	)		(89,323	)		(121,051	)		(110,635	)
	Less: Effect of change in discount rate assumptions on the liability for future policy benefits							171,599			174,626			89,692			134,594			223,792			190,796
			Adjusted stockholders’ equity				$	2,218,574		$	2,257,519		$	2,297,880		$	2,400,630		$	2,417,133		$	2,442,793
Adjusted Stockholders' Equity Rollforward
Balance, beginning of period							$	2,197,050		$	2,218,574		$	2,257,519		$	2,297,880		$	2,400,630		$	2,417,133
	Net Income							169,051			178,344			206,793			197,047			190,096			202,278
	Shareholder dividends							(34,736	)		(34,209	)		(33,819	)		(33,288	)		(38,117	)		(37,480	)
	Retirement of shares							(126,637	)		(129,124	)		(129,000	)		(74,654	)		(140,974	)		(135,295	)
	Net foreign currency translation adjustment							(424	)		21,388			(8,388	)		6,355			(7,551	)		(7,565	)
	Other, net							14,270			2,546			4,775			7,291			13,049			3,722
Balance, end of period							$	2,218,574		$	2,257,519		$	2,297,880		$	2,400,630		$	2,417,133		$	2,442,793
Deferred Policy Acquisition Costs Rollforward
Balance, beginning of period							$	3,680,430		$	3,742,693		$	3,817,119		$	3,863,442		$	3,915,998		$	3,954,334
	General expenses deferred							10,883			11,605			11,235			10,368			11,363			10,958
	Commission costs deferred							130,162			126,272			122,850			120,125			117,128			116,730
	Amortization of deferred policy acquisition costs							(78,550	)		(80,043	)		(81,498	)		(82,813	)		(84,260	)		(85,128	)
	Foreign currency impact and other, net							(232	)		16,592			(6,263	)		4,876			(5,895	)		(5,409	)
Balance, end of period							$	3,742,693		$	3,817,119		$	3,863,442		$	3,915,998		$	3,954,334		$	3,991,486

(1)Outstanding common shares exclude restricted stock units.

4 of 16

Financial Results and Other Statistical Data PRIMERICA, INC. Financial Supplement

																									YOY Q2												YOY YTD
(Dollars in thousands, except per-share data)					Q1 2025			Q2 2025			Q3 2025			Q4 2025			Q1 2026			Q2 2026			Q3 2026	Q4 2026	$ Change			% Change			YTD 2025			YTD 2026			$ Change			% Change
Earnings per Share
Basic earnings per share:
	Weighted-average common shares and fully vested equity awards					33,292,459			32,870,061			32,404,112			31,978,688			31,680,718			31,195,872					(1,674,189	)		-5.1	%		33,080,093			31,436,955			(1,643,138	)		-5.0	%
	Net income				$	169,051		$	178,344		$	206,793		$	197,047		$	190,096		$	202,278				$	23,935			13.4	%	$	347,395		$	392,374		$	44,980			12.9	%
	Less income attributable to unvested participating securities					(585	)		(572	)		(678	)		(606	)		(626	)		(684	)				(112	)		-19.6	%		(1,158	)		(1,309	)		(151	)		-13.1	%
		Net income used in computing basic EPS			$	168,466		$	177,772		$	206,114		$	196,441		$	189,470		$	201,594				$	23,823			13.4	%	$	346,237		$	391,065		$	44,828			12.9	%
		Basic earnings per share			$	5.06		$	5.41		$	6.36		$	6.14		$	5.98		$	6.46				$	1.05			19.4	%	$	10.47		$	12.44		$	1.97			18.8	%
	Adjusted net operating income				$	168,068		$	180,385		$	206,052		$	196,907		$	189,794		$	200,954				$	20,569			11.4	%	$	348,453		$	390,748		$	42,296			12.1	%
	Less operating income attributable to unvested participating securities					(581	)		(579	)		(676	)		(605	)		(625	)		(679	)				(101	)		-17.4	%		(1,161	)		(1,304	)		(142	)		-12.3	%
		Adjusted net operating income used in computing basic operating EPS			$	167,487		$	179,806		$	205,376		$	196,302		$	189,170		$	200,274				$	20,468			11.4	%	$	347,291		$	389,444		$	42,153			12.1	%
		Basic adjusted operating income per share			$	5.03		$	5.47		$	6.34		$	6.14		$	5.97		$	6.42				$	0.95			17.4	%	$	10.50		$	12.39		$	1.89			18.0	%
Diluted earnings per share:
	Weighted-average common shares and fully vested equity awards					33,292,459			32,870,061			32,404,112			31,978,688			31,680,718			31,195,872					(1,674,189	)		-5.1	%		33,080,093			31,436,955			(1,643,138	)		-5.0	%
	Dilutive impact of contingently issuable shares					49,670			41,352			47,284			53,183			46,818			40,702					(650	)		-1.6	%		45,511			43,760			(1,751	)		-3.8	%
		Shares used to calculate diluted EPS				33,342,129			32,911,413			32,451,396			32,031,871			31,727,536			31,236,574					(1,674,839	)		-5.1	%		33,125,604			31,480,715			(1,644,889	)		-5.0	%
	Net income				$	169,051		$	178,344		$	206,793		$	197,047		$	190,096		$	202,278				$	23,935			13.4	%	$	347,395		$	392,374		$	44,980			12.9	%
	Less income attributable to unvested participating securities					(584	)		(571	)		(678	)		(605	)		(625	)		(683	)				(112	)		-19.6	%		(1,156	)		(1,308	)		(151	)		-13.1	%
		Net income used in computing diluted EPS			$	168,467		$	177,772		$	206,115		$	196,442		$	189,471		$	201,595				$	23,823			13.4	%	$	346,238		$	391,067		$	44,829			12.9	%
		Diluted earnings per share			$	5.05		$	5.40		$	6.35		$	6.13		$	5.97		$	6.45				$	1.05			19.4	%	$	10.45		$	12.42		$	1.97			18.9	%
	Adjusted net operating income				$	168,068		$	180,385		$	206,052		$	196,907		$	189,794		$	200,954				$	20,569			11.4	%	$	348,453		$	390,748		$	42,296			12.1	%
	Less operating income attributable to unvested participating securities					(580	)		(578	)		(675	)		(604	)		(624	)		(679	)				(101	)		-17.4	%		(1,160	)		(1,302	)		(142	)		-12.3	%
		Adjusted net operating income used in computing diluted operating EPS			$	167,487		$	179,807		$	205,377		$	196,303		$	189,170		$	200,275				$	20,468			11.4	%	$	347,293		$	389,446		$	42,153			12.1	%
		Diluted adjusted operating income per share			$	5.02		$	5.46		$	6.33		$	6.13		$	5.96		$	6.41				$	0.95			17.4	%	$	10.48		$	12.37		$	1.89			18.0	%
Annualized Return on Equity
	Average stockholders' equity				$	2,257,725		$	2,281,963		$	2,301,704		$	2,370,896		$	2,482,888		$	2,521,414				$	239,451			10.5	%	$	2,269,844		$	2,502,151		$	232,307			10.2	%
	Average adjusted stockholders' equity				$	2,207,812		$	2,238,047		$	2,277,699		$	2,349,255		$	2,408,882		$	2,429,963				$	191,916			8.6	%	$	2,222,929		$	2,419,422		$	196,493			8.8	%
	Net income return on stockholders' equity					30.0	%		31.3	%		35.9	%		33.2	%		30.6	%		32.1	%				0.8	%	nm				30.6	%		31.4	%		0.8	%	nm
	Net income return on adjusted stockholders' equity					30.6	%		31.9	%		36.3	%		33.6	%		31.6	%		33.3	%				1.4	%	nm				31.3	%		32.4	%		1.2	%	nm
	Adjusted net operating income return on adjusted stockholders' equity					30.4	%		32.2	%		36.2	%		33.5	%		31.5	%		33.1	%				0.8	%	nm				31.4	%		32.3	%		1.0	%	nm
Capital Structure
	Debt-to-capital (1)					20.9	%		20.5	%		20.6	%		19.6	%		19.1	%		19.1	%				-1.4	%	nm				20.5	%		19.1	%		-1.4	%	nm
	Debt-to-capital, excluding AOCI (1)					20.9	%		20.8	%		20.4	%		19.8	%		19.6	%		19.4	%				-1.3	%	nm				20.8	%		19.4	%		-1.3	%	nm
	Cash and invested assets to stockholders' equity					2.2	x		2.2	x		2.2	x		2.2	x		2.1	x		2.1	x				(0.1	x)	nm				2.2	x		2.1	x		(0.1	x)	nm
	Cash and invested assets to adjusted stockholders' equity					2.3	x		2.2	x		2.2	x		2.2	x		2.2	x		2.2	x				(0.1	x)	nm				2.2	x		2.2	x		(0.1	x)	nm
	Share count, end of period (2)					33,022,554			32,545,209			32,075,564			31,809,803			31,343,338			30,898,185					(1,647,024	)		-5.1	%		32,545,209			30,898,185			(1,647,024	)		-5.1	%
	Adjusted stockholders' equity per share				$	67.18		$	69.37		$	71.64		$	75.47		$	77.12		$	79.06				$	9.69			14.0	%	$	69.37		$	79.06		$	9.69			14.0	%
Financial Strength Ratings - Primerica Life Insurance Co
	Moody's				A1			A1			A1			A1			A1			A1					na			na			na			na			na			na
	S&P				AA-			AA-			AA-			AA-			AA-			AA-					na			na			na			na			na			na
	A.M. Best				A+			A+			A+			A+			A+			A+					na			na			na			na			na			na
Holding Company Senior Debt Ratings
	Moody's				Baa1			Baa1			Baa1			Baa1			Baa1			Baa1					na			na			na			na			na			na
	S&P				A-			A-			A-			A-			A-			A-					na			na			na			na			na			na
	A.M. Best				a-			a-			a-			a-			a-			a-					na			na			na			na			na			na

(1)Debt-to-capital is that of the parent company only. Capital in the debt-to-capital ratio includes stockholders' equity and the note payable.

(2)Share count reflects outstanding common shares, which excludes restricted stock units (RSUs).

5 of 16

Statements of Income PRIMERICA, INC. Financial Supplement

																											YOY Q2												YOY YTD
(Dollars in thousands)							Q1 2025			Q2 2025			Q3 2025			Q4 2025			Q1 2026			Q2 2026			Q3 2026	Q4 2026	$ Change			% Change			YTD 2025			YTD 2026			$ Change			% Change
Statements of Income
Revenues:
	Direct premiums						$	858,845		$	866,254		$	868,651		$	869,030		$	871,246		$	877,754				$	11,499			1.3	%	$	1,725,099		$	1,748,999		$	23,900			1.4	%
	Ceded premiums							(410,521	)		(433,408	)		(414,104	)		(420,843	)		(414,859	)		(442,280	)				(8,872	)		-2.0	%		(843,930	)		(857,139	)		(13,209	)		-1.6	%
		Net premiums						448,323			432,846			454,547			448,187			456,387			435,473					2,627			0.6	%		881,169			891,860			10,691			1.2	%
	Net investment income							41,671			40,928			42,431			42,122			43,283			43,738					2,810			6.9	%		82,599			87,021			4,422			5.4	%
	Commissions and fees:
		Sales-based (1)						111,270			115,933			118,637			131,305			136,355			135,509					19,576			16.9	%		227,204			271,864			44,661			19.7	%
		Asset-based (2)						152,014			154,735			172,286			181,407			187,366			197,598					42,864			27.7	%		306,749			384,965			78,216			25.5	%
		Account-based (3)						24,195			24,394			24,420			24,347			23,619			24,118					(275	)		-1.1	%		48,588			47,737			(851	)		-1.8	%
		Other commissions and fees						9,477			10,970			10,146			10,326			9,401			11,385					414			3.8	%		20,448			20,786			338			1.7	%
	Investment (losses) gains							757			(2,866	)		652			641			396			1,691					4,557		nm				(2,109	)		2,087			4,196		nm
	Other, net							17,135			16,394			16,732			15,347			15,886			15,554					(840	)		-5.1	%		33,529			31,440			(2,089	)		-6.2	%
	Total revenues							804,843			793,334			839,852			853,683			872,693			865,066					71,732			9.0	%		1,598,177			1,737,759			139,582			8.7	%
Benefits and expenses:
	Benefits and claims							174,862			152,494			172,152			166,420			171,254			147,328					(5,166	)		-3.4	%		327,355			318,582			(8,774	)		-2.7	%
	Future policy benefits remeasurement (gain)/loss							(3,273	)		(5,895	)		(23,114	)		(5,107	)		(7,377	)		(5,038	)				857			14.5	%		(9,168	)		(12,415	)		(3,247	)		-35.4	%
	Amortization of DAC							78,550			80,043			81,498			82,813			84,260			85,128					5,085			6.4	%		158,592			169,388			10,795			6.8	%
	Insurance commissions							6,124			5,751			5,499			5,621			5,618			5,778					27			0.5	%		11,875			11,396			(479	)		-4.0	%
	Insurance expenses							64,805			64,362			64,131			70,168			66,567			71,159					6,797			10.6	%		129,168			137,726			8,559			6.6	%
	Sales commissions:
		Sales-based (1)						77,267			82,935			82,867			89,561			95,168			95,816					12,881			15.5	%		160,202			190,984			30,782			19.2	%
		Asset-based (2)						76,246			78,010			87,337			93,247			95,360			100,677					22,667			29.1	%		154,256			196,037			41,781			27.1	%
		Other sales commissions						4,605			5,346			4,484			5,015			4,682			5,431					85			1.6	%		9,951			10,113			162			1.6	%
	Interest expense							6,004			6,000			5,985			5,968			5,861			5,833					(168	)		-2.8	%		12,005			11,693			(311	)		-2.6	%
	Other operating expenses							98,338			89,792			87,333			92,904			101,882			94,736					4,944			5.5	%		188,130			196,618			8,488			4.5	%
	Total benefits and expenses							583,528			558,838			568,173			606,609			623,275			606,847					48,010			8.6	%		1,142,366			1,230,122			87,756			7.7	%
	Income before income taxes							221,315			234,496			271,679			247,074			249,418			258,219					23,722			10.1	%		455,811			507,637			51,826			11.4	%
		Income taxes						52,264			56,153			64,886			50,027			59,322			55,941					(212	)		-0.4	%		108,417			115,263			6,846			6.3	%
	Net Income							169,051			178,344			206,793			197,047			190,096			202,278					23,935			13.4	%		347,395			392,374			44,980			12.9	%
Income Before Income Taxes by Segment
Term Life Insurance							$	146,785		$	155,012		$	172,684		$	146,578		$	154,859		$	148,480				$	(6,532	)		-4.2	%	$	301,798		$	303,340		$	1,542			0.5	%
Investment & Savings Products								81,270			79,420			94,223			100,609			100,900			104,216					24,795			31.2	%		160,691			205,115			44,424			27.6	%
Corporate & Other Distributed Products								(6,741	)		64			4,771			(113	)		(6,340	)		5,523					5,459		nm				(6,677	)		(817	)		5,860			87.8	%
	Income before income taxes						$	221,315		$	234,496		$	271,679		$	247,074		$	249,418		$	258,219				$	23,722			10.1	%	$	455,811		$	507,637		$	51,826			11.4	%

(1)Sales-based - revenues or commission expenses relating to the sales of mutual funds and variable annuities.

(2)Asset-based - revenues or commission expenses relating to the value of assets in client accounts for which we earn ongoing service, distribution, and other fees.

(3)Account-based - revenues relating to the fee generating client accounts we administer.

6 of 16

Reconciliation of Statement of Income GAAP to Non-GAAP Financial Measures PRIMERICA, INC. Financial Supplement

																											YOY Q2												YOY YTD
(Dollars in thousands)							Q1 2025			Q2 2025			Q3 2025			Q4 2025			Q1 2026			Q2 2026			Q3 2026	Q4 2026	$ Change			% Change			YTD 2025			YTD 2026			$ Change			% Change
Reconciliation from Term Life Insurance Direct Premiums to Term Life Insurance Adjusted Direct Premiums
	Term Life Insurance direct premiums						$	854,430		$	861,919		$	864,047		$	865,138		$	867,202		$	873,604				$	11,685			1.4	%	$	1,716,350		$	1,740,807		$	24,457			1.4	%
	Less: Premiums ceded to IPO Coinsurers							191,477			187,988			185,392			183,123			179,575			176,766					(11,222	)		-6.0	%		379,465			356,341			(23,124	)		-6.1	%
	Term Life Insurance adjusted direct premiums						$	662,953		$	673,931		$	678,655		$	682,015		$	687,627		$	696,838				$	22,907			3.4	%	$	1,336,884		$	1,384,465		$	47,581			3.6	%
Reconciliation from Term Life Insurance Ceded Premiums to Term Life Insurance Other Ceded Premiums
	Term Life Insurance ceded premiums						$	(409,334	)	$	(432,306	)	$	(412,935	)	$	(419,273	)	$	(413,843	)	$	(441,242	)			$	(8,935	)		-2.1	%	$	(841,640	)	$	(855,085	)	$	(13,444	)		-1.6	%
	Less: Premiums ceded to IPO Coinsurers							(191,477	)		(187,988	)		(185,392	)		(183,123	)		(179,575	)		(176,766	)				11,222			6.0	%		(379,465	)		(356,341	)		23,124			6.1	%
	Term Life Insurance other ceded premiums						$	(217,857	)	$	(244,318	)	$	(227,543	)	$	(236,149	)	$	(234,269	)	$	(264,475	)			$	(20,157	)		-8.3	%	$	(462,175	)	$	(498,744	)	$	(36,568	)		-7.9	%
Reconciliation from Net Investment Income to Adjusted Net Investment Income
	Net Investment Income						$	41,671		$	40,928		$	42,431		$	42,122		$	43,283		$	43,738				$	2,810			6.9	%	$	82,599		$	87,021		$	4,422			5.4	%
	Less: MTM investment adjustments							530			182			321			(466	)		—			—				nm			nm				712			—		nm			nm
	Adjusted net investment income						$	41,141		$	40,746		$	42,110		$	42,588		$	43,283		$	43,738				$	2,991			7.3	%	$	81,887		$	87,021		$	5,134			6.3	%
Reconciliation from C&O Income Before Income Taxes to C&O Adjusted Operating Income Before Income Taxes
	Income before income taxes						$	(6,741	)	$	64		$	4,771		$	(113	)	$	(6,340	)	$	5,523				$	5,459		nm			$	(6,677	)	$	(817	)	$	5,860			87.8	%
	Less: Investment gains/(losses)							757			(2,866	)		652			641			396			1,691				nm			nm				(2,109	)		2,087		nm			nm
	Less: MTM investment adjustments							530			182			321			(466	)		—			—				nm			nm				712			—		nm			nm
	Adjusted operating income before income taxes						$	(8,028	)	$	2,748		$	3,798		$	(288	)	$	(6,736	)	$	3,832				$	1,084			39.5	%	$	(5,280	)	$	(2,904	)	$	2,376			45.0	%
Reconciliation from Total Revenues to Adjusted Operating Revenues
	Total revenues						$	804,843		$	793,334		$	839,852		$	853,683		$	872,693		$	865,066				$	71,732			9.0	%	$	1,598,177		$	1,737,759		$	139,582			8.7	%
	Less: Investment (losses) gains							757			(2,866	)		652			641			396			1,691				nm			nm				(2,109	)		2,087		nm			nm
	Less: MTM investment adjustments							530			182			321			(466	)		—			—				nm			nm				712			—		nm			nm
	Adjusted operating revenues						$	803,556		$	796,018		$	838,879		$	853,508		$	872,297		$	863,375				$	67,357			8.5	%	$	1,599,574		$	1,735,673		$	136,099			8.5	%
Reconciliation from Income Before Income Taxes to Adjusted Operating Income Before Income Taxes
	Income from continuing operations before income taxes						$	221,315		$	234,496		$	271,679		$	247,074		$	249,418		$	258,219				$	23,722			10.1	%	$	455,811		$	507,637		$	51,826			11.4	%
	Less: Investment (losses) gains							757			(2,866	)		652			641			396			1,691				nm			nm				(2,109	)		2,087		nm			nm
	Less: MTM investment adjustments							530			182			321			(466	)		—			—				nm			nm				712			—		nm			nm
	Adjusted operating income before income taxes						$	220,028		$	237,181		$	270,706		$	246,899		$	249,023		$	256,528				$	19,348			8.2	%	$	457,208		$	505,551		$	48,342			10.6	%
Reconciliation from Net Income to Adjusted Net Operating Income
	Net income						$	169,051		$	178,344		$	206,793		$	197,047		$	190,096		$	202,278				$	23,935			13.4	%	$	347,395		$	392,374		$	44,980			12.9	%
	Less: Investment (losses) gains							757			(2,866	)		652			641			396			1,691				nm			nm				(2,109	)		2,087		nm			nm
	Less: MTM investment adjustments							530			182			321			(466	)		—			—				nm			nm				712			—		nm			nm
	Less: Tax impact of preceding items							(304	)		643			(232	)		(35	)		(94	)		(366	)			nm			nm				339			(460	)	nm			nm
	Adjusted net operating income						$	168,068		$	180,385		$	206,052		$	196,907		$	189,794		$	200,954				$	20,569			11.4	%	$	348,453		$	390,748		$	42,296			12.1	%

7 of 16

Term Life Insurance - Financial Results and Analysis PRIMERICA, INC. Financial Supplement

																											YOY Q2												YOY YTD
(Dollars in thousands)							Q1 2025			Q2 2025			Q3 2025			Q4 2025			Q1 2026			Q2 2026			Q3 2026	Q4 2026	$ Change			% Change			YTD 2025			YTD 2026			$ Change			% Change
Term Life Insurance Income Before Income Taxes
	Revenues:
	Direct Premiums						$	854,430		$	861,919		$	864,047		$	865,138		$	867,202		$	873,604				$	11,685			1.4	%	$	1,716,350		$	1,740,807		$	24,457			1.4	%
	Premiums ceded to IPO coinsurers (1)							(191,477	)		(187,988	)		(185,392	)		(183,123	)		(179,575	)		(176,766	)				11,222			6.0	%		(379,465	)		(356,341	)		23,124			6.1	%
	Adjusted direct premiums (2)							662,953			673,931			678,655			682,015			687,627			696,838					22,907			3.4	%		1,336,884			1,384,465			47,581			3.6	%
	Other ceded premiums (3)							(217,857	)		(244,318	)		(227,543	)		(236,149	)		(234,269	)		(264,475	)				(20,157	)		-8.3	%		(462,175	)		(498,744	)		(36,568	)		-7.9	%
	Net premiums							445,096			429,613			451,112			445,866			453,359			432,363					2,750			0.6	%		874,709			885,722			11,013			1.3	%
	Other, net							12,745			12,221			12,189			10,967			11,275			11,243					(978	)		-8.0	%		24,966			22,518			(2,448	)		-9.8	%
	Revenues							457,842			441,834			463,301			456,832			464,634			443,606					1,772			0.4	%		899,676			908,240			8,564			1.0	%
	Benefits and expenses:
	Benefits and claims							171,243			148,725			168,319			163,257			167,252			144,174					(4,551	)		-3.1	%		319,968			311,425			(8,543	)		-2.7	%
	Future policy benefits remeasurement (gain)/loss							(3,402	)		(5,743	)		(23,392	)		(5,190	)		(7,564	)		(4,858	)				885			15.4	%		(9,145	)		(12,422	)		(3,277	)		-35.8	%
	Amortization of DAC							76,921			78,386			79,876			81,227			82,666			83,567					5,181			6.6	%		155,308			166,234			10,926			7.0	%
	Insurance commissions							2,649			2,238			2,755			1,993			2,042			2,223					(15	)		-0.7	%		4,887			4,265			(622	)		-12.7	%
	Insurance expenses							63,645			63,216			63,058			68,966			65,378			70,020					6,805			10.8	%		126,861			135,399			8,538			6.7	%
	Benefits and expenses							311,056			286,821			290,616			310,254			309,774			295,126					8,304			2.9	%		597,878			604,900			7,022			1.2	%
	Income before income taxes						$	146,785		$	155,012		$	172,684		$	146,578		$	154,859		$	148,480				$	(6,532	)		-4.2	%	$	301,798		$	303,340		$	1,542			0.5	%
Total Term Life Insurance - Financial Analysis
	Post-IPO direct premiums (4)						$	538,072		$	547,938		$	551,915		$	554,372		$	559,529		$	567,669				$	19,731			3.6	%	$	1,086,010		$	1,127,197		$	41,187			3.8	%
	Pre-IPO direct premiums (5)							316,359			313,981			312,132			310,766			307,674			305,935					(8,045	)		-2.6	%		630,340			613,609			(16,730	)		-2.7	%
	Total direct premiums						$	854,430		$	861,919		$	864,047		$	865,138		$	867,202		$	873,604				$	11,685			1.4	%	$	1,716,350		$	1,740,807		$	24,457			1.4	%
	Premiums ceded to IPO coinsurers						$	191,477		$	187,988		$	185,392		$	183,123		$	179,575		$	176,766				$	(11,222	)		-6.0	%	$	379,465		$	356,341		$	(23,124	)		-6.1	%
	% of Pre-IPO direct premiums							60.5	%		59.9	%		59.4	%		58.9	%		58.4	%		57.8	%			nm			nm				60.2	%		58.1	%	nm			nm
	Benefits and claims, net (6)						$	385,698		$	387,300		$	372,471		$	394,217		$	393,956		$	403,791				$	16,491			4.3	%	$	772,998		$	797,747		$	24,749			3.2	%
	% of adjusted direct premiums							58.2	%		57.5	%		54.9	%		57.8	%		57.3	%		57.9	%			nm			nm				57.8	%		57.6	%	nm			nm
	DAC amortization & insurance commissions						$	79,570		$	80,624		$	82,631		$	83,220		$	84,709		$	85,790				$	5,166			6.4	%	$	160,194		$	170,499		$	10,304			6.4	%
	% of adjusted direct premiums							12.0	%		12.0	%		12.2	%		12.2	%		12.3	%		12.3	%			nm			nm				12.0	%		12.3	%	nm			nm
	Insurance expenses, net (7)						$	50,900		$	50,995		$	50,869		$	57,999		$	54,103		$	58,777				$	7,782			15.3	%	$	101,894		$	112,880		$	10,986			10.8	%
	% of adjusted direct premiums							7.7	%		7.6	%		7.5	%		8.5	%		7.9	%		8.4	%			nm			nm				7.6	%		8.2	%	nm			nm
	Total Term Life income before income taxes						$	146,785		$	155,012		$	172,684		$	146,578		$	154,859		$	148,480				$	(6,532	)		-4.2	%	$	301,798		$	303,340		$	1,542			0.5	%
	Term Life operating margin (8)							22.1	%		23.0	%		25.4	%		21.5	%		22.5	%		21.3	%			nm			nm				22.6	%		21.9	%	nm			nm

(1)Premiums ceded to IPO coinsurers - premiums ceded to IPO coinsurers under the IPO coinsurance transactions excluding any reimbursements from the IPO coinsurers on previously existing reinsurance agreements.

(2)Adjusted direct premiums - direct premiums net of premiums ceded to IPO coinsurers.

(3)Other ceded premiums - premiums ceded to non-IPO coinsurers net of any applicable reimbursements from the IPO coinsurers.

(4)Post-IPO direct premiums - direct premiums not subject to the 2010 IPO coinsurance transactions.

(5)Pre-IPO direct premiums - direct premiums subject to the 2010 IPO coinsurance transactions.

(6)Benefits and claims, net - benefits & claims and remeasurement (gain)/loss net of other ceded premiums which are largely yearly renewable term.

(7)Insurance expenses, net - insurance expenses net of other, net revenues.

(8)Term Life Insurance operating margin - Term Life operating income before income taxes as a percentage of adjusted direct premiums.

8 of 16

Term Life Insurance - Key Statistics PRIMERICA, INC. Financial Supplement

																											YOY Q2												YOY YTD
							Q1 2025			Q2 2025			Q3 2025			Q4 2025			Q1 2026			Q2 2026			Q3 2026	Q4 2026	$ Change			% Change			YTD 2025			YTD 2026			$ Change			% Change
	Key Statistics
	Life-insurance licensed sales force, beginning of period							151,611			152,167			152,592			152,200			151,524			149,732					(2,435	)		-1.6	%		151,611			151,524			(87	)		-0.1	%
		New life-licensed representatives						12,339			12,903			12,482			10,998			10,569			11,020					(1,883	)		-14.6	%		25,242			21,589			(3,653	)		-14.5	%
		Non-renewal and terminated representatives						(11,783	)		(12,478	)		(12,874	)		(11,674	)		(12,361	)		(12,140	)				338			2.7	%		(24,261	)		(24,501	)		(240	)		-1.0	%
	Life-insurance licensed sales force, end of period							152,167			152,592			152,200			151,524			149,732			148,612					(3,980	)		-2.6	%		152,592			148,612			(3,980	)		-2.6	%
	Estimated annualized issued term life premium ($mills) (1):
		Premium from new policies					$	74.4		$	78.5		$	69.8		$	67.1		$	64.9		$	70.3				$	(8.2	)		-10.4	%	$	152.9		$	135.2		$	(17.7	)		-11.6	%
		Additions and increases in premium						18.5			20.2			19.0			17.9			18.4			19.5					(0.6	)		-3.1	%		38.7			37.9			(0.8	)		-2.0	%
				Total estimated annualized issued term life premium			$	93.0		$	98.7		$	88.8		$	85.0		$	83.3		$	89.9				$	(8.8	)		-8.9	%	$	191.6		$	173.1		$	(18.5	)		-9.6	%
	Issued term life policies							86,415			89,850			79,379			76,143			74,054			78,904					(10,946	)		-12.2	%		176,265			152,958			(23,307	)		-13.2	%
	Estimated average annualized issued term life premium per policy (1)(2)						$	861		$	874		$	879		$	882		$	876		$	891				$	18			2.0	%	$	868		$	884		$	16			1.9	%
	Term life face amount in-force, beginning of period ($mills)						$	953,583		$	956,981		$	968,312		$	967,024		$	967,612		$	965,671				$	8,690			0.9	%	$	953,583		$	967,612		$	14,029			1.5	%
		Issued term life face amount (3)						28,455			30,292			27,067			26,068			25,678			27,737					(2,556	)		-8.4	%		58,747			53,414			(5,332	)		-9.1	%
		Terminated term life face amount						(24,979	)		(24,795	)		(26,159	)		(27,170	)		(25,578	)		(23,645	)				1,150			4.6	%		(49,775	)		(49,223	)		552			1.1	%
		Foreign currency impact, net						(77	)		5,834			(2,196	)		1,690			(2,041	)		(1,858	)				(7,692	)		-131.8	%		5,757			(3,899	)		(9,656	)	nm
	Term life face amount in-force, end of period						$	956,981		$	968,312		$	967,024		$	967,612		$	965,671		$	967,905				$	(407	)	nm			$	968,312		$	967,905		$	(407	)	nm

(1)Estimated annualized issued term life premium - estimated as average premium per $1,000 of face amounts issued on new policies and additions (before free look returns) multiplied by actual face amount issued on new policies, rider additions and face amount increases.

(2)In whole dollars.

(3)Issued term life face amount - includes face amount on issued term life policies, additional riders added to existing policies, and face increases under increasing benefit riders.

9 of 16

Investment and Savings Products - Financial Results and Financial Analysis PRIMERICA, INC. Financial Supplement

																											YOY Q2												YOY YTD
(Dollars in thousands, except as noted)							Q1 2025			Q2 2025			Q3 2025			Q4 2025			Q1 2026			Q2 2026			Q3 2026	Q4 2026	$ Change			% Change			YTD 2025			YTD 2026			$ Change			% Change
Investment & Savings Products Income Before Income Taxes
	Revenues:
	Commissions and fees:
	Sales-based						$	111,270		$	115,933		$	118,637		$	131,305		$	136,355		$	135,509				$	19,576			16.9	%	$	227,204		$	271,864		$	44,661			19.7	%
	Asset-based							152,014			154,735			172,286			181,407			187,366			197,598					42,864			27.7	%		306,749			384,965			78,216			25.5	%
	Account-based							24,195			24,394			24,420			24,347			23,619			24,118					(275	)		-1.1	%		48,588			47,737			(851	)		-1.8	%
	Other, net							3,333			3,236			3,445			3,275			3,305			3,293					57			1.8	%		6,568			6,598			30			0.4	%
	Revenues							290,812			298,297			318,789			340,335			350,645			360,519					62,222			20.9	%		589,109			711,164			122,055			20.7	%
	Benefits and expenses:
	Amortization of DAC							1,337			1,368			1,355			1,321			1,334			1,304					(64	)		-4.7	%		2,705			2,638			(67	)		-2.5	%
	Insurance commissions							3,277			3,468			3,485			3,526			3,457			3,450					(18	)		-0.5	%		6,745			6,907			162			2.4	%
	Sales commissions:
	Sales-based							77,267			82,935			82,867			89,561			95,168			95,816					12,881			15.5	%		160,202			190,984			30,782			19.2	%
	Asset-based							76,246			78,010			87,337			93,247			95,360			100,677					22,667			29.1	%		154,256			196,037			41,781			27.1	%
	Other operating expenses							51,414			53,096			49,522			52,071			54,427			55,056					1,960			3.7	%		104,510			109,483			4,973			4.8	%
	Benefits and expenses							209,541			218,877			224,565			239,726			249,745			256,303					37,427			17.1	%		428,418			506,048			77,630			18.1	%
	Income before income taxes						$	81,270		$	79,420		$	94,223		$	100,609		$	100,900		$	104,216				$	24,795			31.2	%	$	160,691		$	205,115		$	44,424			27.6	%
Financial Analysis
	Fees paid based on client asset values (1)						$	10,915		$	11,404		$	12,285		$	12,803		$	13,287		$	14,493				$	3,089			27.1	%	$	22,319		$	27,780		$	5,461			24.5	%
	Fees paid based on fee-generating positions (2)							12,410			11,015			10,341			10,543			11,121			10,553					(462	)		-4.2	%		23,425			21,674			(1,751	)		-7.5	%
	Other operating expenses							28,089			30,676			26,896			28,724			30,019			30,010					(667	)		-2.2	%		58,765			60,029			1,264			2.2	%
	Total other operating expenses						$	51,414		$	53,096		$	49,522		$	52,071		$	54,427		$	55,056				$	1,960			3.7	%	$	104,510		$	109,483		$	4,973			4.8	%
	Sales-based variable margin as % of revenue-generating sales (3)
	U.S.							1.37	%		1.29	%		1.38	%		1.49	%		1.38	%		1.32	%			nm			nm				1.33	%		1.35	%	nm			nm
	Canada							0.35	%		0.35	%		0.35	%		0.27	%		0.38	%		0.39	%			nm			nm				0.35	%		0.38	%	nm			nm
	Total							1.28	%		1.23	%		1.31	%		1.40	%		1.30	%		1.26	%			nm			nm				1.26	%		1.29	%	nm			nm
	Asset-based variable margin as % of average asset values (4)
	U.S.							0.043	%		0.043	%		0.044	%		0.045	%		0.046	%		0.047	%			nm			nm				0.086	%		0.093	%	nm			nm
	Canada							0.113	%		0.109	%		0.115	%		0.110	%		0.114	%		0.116	%			nm			nm				0.221	%		0.230	%	nm			nm
	Total							0.053	%		0.053	%		0.055	%		0.055	%		0.057	%		0.057	%			nm			nm				0.106	%		0.114	%	nm			nm
	Account-based variable margin per average fee generating position (5)(6)						$	3.57		$	4.02		$	4.20		$	4.09		$	3.69		$	3.97				nm			nm			$	7.59		$	7.65		nm			nm

(1)Fees paid based on client asset values - administration fees on Canadian Segregated Funds and advisory fees on Managed Accounts that vary directly with client asset values.

(2)Fees paid based on fee-generating positions - recordkeeping fees that vary with the number of fee-generating positions.

(3)Sales-based variable margin - commission and fee revenue less commissions paid to the sales force based on product sales activity.

(4)Asset-based variable margin - commission and fee revenue less administration and advisory fees paid to third-party providers and commissions paid to the sales force earned based on product account values including amortization of deferred acquisition costs for segregated funds.

(5)Account-based variable margin - fee revenue less recordkeeping fees paid to third-party providers based on fee-generating positions and certain direct general expenses.

(6)In whole dollars.

10 of 16

Investment and Savings Products - Key Statistics PRIMERICA, INC. Financial Supplement

																											YOY Q2												YOY YTD
							Q1 2025			Q2 2025			Q3 2025			Q4 2025			Q1 2026			Q2 2026			Q3 2026	Q4 2026	$ Change			% Change			YTD 2025			YTD 2026			$ Change			% Change
Key Statistics
	Product sales ($mills)
		U.S. Retail Mutual Funds					$	1,317.9		$	1,244.0		$	1,298.4		$	1,323.0		$	1,460.2		$	1,482.4				$	238.4			19.2	%	$	2,561.9		$	2,942.7		$	380.7			14.9	%
		Canada Retail Mutual Funds						220.7			168.5			185.7			212.9			235.2			199.2					30.7			18.2	%		389.2			434.4			45.2			11.6	%
		Indexed Annuities						71.1			93.0			72.7			70.2			77.2			68.4					(24.6	)		-26.5	%		164.1			145.7			(18.5	)		-11.2	%
		Variable Annuities and other						1,038.9			1,178.7			1,180.6			1,375.3			1,383.6			1,387.8					209.1			17.7	%		2,217.5			2,771.3			553.8			25.0	%
				Total sales-based revenue generating product sales				2,648.6			2,684.2			2,737.4			2,981.4			3,156.2			3,137.8					453.7			16.9	%		5,332.8			6,294.0			961.3			18.0	%
		Managed Accounts						596.7			634.1			717.2			822.5			821.5			903.6					269.6			42.5	%		1,230.8			1,725.1			494.4			40.2	%
		Canada Retail Mutual Funds - no upfront sales comm						296.4			218.6			244.7			261.6			313.8			282.0					63.4			29.0	%		515.0			595.8			80.8			15.7	%
		Segregated Funds						17.7			11.5			12.6			45.1			40.3			33.9					22.4		nm				29.2			74.1			44.9		nm
				Total product sales			$	3,559.3		$	3,548.4		$	3,711.9		$	4,110.6		$	4,331.8		$	4,357.3				$	809.0			22.8	%	$	7,107.7		$	8,689.1		$	1,581.4			22.2	%
		Total Canada Retail Mutual Funds					$	517.1		$	387.1		$	430.4		$	474.5		$	549.0		$	481.2				$	94.1			24.3	%	$	904.2		$	1,030.1		$	126.0			13.9	%
		Segregated Funds						17.7			11.5			12.6			45.1			40.3			33.9					22.4		nm				29.2			74.1			44.9		nm
			Total Canada product sales					534.8			398.6			443.0			519.5			589.2			515.1					116.5			29.2	%		933.4			1,104.3			170.9			18.3	%
			Total U.S. product sales					3,024.6			3,149.8			3,268.9			3,591.0			3,742.5			3,842.3					692.5			22.0	%		6,174.3			7,584.8			1,410.5			22.8	%
				Total product sales			$	3,559.3		$	3,548.4		$	3,711.9		$	4,110.6		$	4,331.8		$	4,357.3				$	809.0			22.8	%	$	7,107.7		$	8,689.1		$	1,581.4			22.2	%
	Client asset values, beginning of period ($mills)						$	112,081		$	109,908		$	120,224		$	126,793		$	128,891		$	126,762				$	16,854			15.3	%	$	112,081		$	128,891		$	16,810			15.0	%
		Inflows						3,559			3,548			3,712			4,111			4,332			4,357					809			22.8	%		7,108			8,689			1,581			22.2	%
		Outflows (1)						(3,017	)		(3,062	)		(3,349	)		(3,786	)		(3,970	)		(3,961	)				(899	)		-29.4	%		(6,079	)		(7,930	)		(1,852	)		-30.5	%
				Net flows				542			487			363			325			362			397					(90	)		-18.5	%		1,029			759			(270	)		-26.3	%
		Foreign currency impact, net						(12	)		900			(357	)		290			(351	)		(318	)				(1,218	)		-135.4	%		888			(669	)		(1,557	)	nm
		Change in market value, net and other (2)						(2,703	)		8,931			6,562			1,483			(2,140	)		13,201					4,270			47.8	%		6,227			11,061			4,834			77.6	%
	Client asset values, end of period						$	109,908		$	120,224		$	126,793		$	128,891		$	126,762		$	140,042				$	19,817			16.5	%	$	120,224		$	140,042		$	19,817			16.5	%
		Annualized net flows as % of beginning of period asset values						1.9	%		1.8	%		1.2	%		1.0	%		1.1	%		1.3	%				-0.5	%	nm				1.8	%		1.2	%		-0.7	%	nm
	Average client asset values ($mills)
		U.S. Retail Mutual Funds					$	54,649		$	54,324		$	58,410		$	60,288		$	60,243		$	62,298				$	7,974			14.7	%	$	54,486		$	61,270		$	6,784			12.5	%
		Canada Retail Mutual Funds						14,555			15,153			16,452			17,226			17,764			18,624					3,471			22.9	%		14,854			18,194			3,340			22.5	%
		Managed Accounts						11,537			12,167			13,759			15,070			16,190			17,760					5,593			46.0	%		11,852			16,975			5,123			43.2	%
		Indexed Annuities						3,003			3,033			3,061			3,081			3,093			3,121					87			2.9	%		3,018			3,107			89			2.9	%
		Variable Annuities and other						27,086			27,075			29,127			30,210			30,276			31,451					4,376			16.2	%		27,080			30,863			3,783			14.0	%
		Segregated Funds						2,189			2,223			2,307			2,301			2,310			2,297					74			3.3	%		2,206			2,303			97			4.4	%
				Total			$	113,018		$	113,975		$	123,117		$	128,175		$	129,875		$	135,550				$	21,574			18.9	%	$	113,496		$	132,712		$	19,216			16.9	%
		Canada Retail Mutual Funds					$	14,555		$	15,153		$	16,452		$	17,226		$	17,764		$	18,624				$	3,471			22.9	%	$	14,854		$	18,194		$	3,340			22.5	%
		Segregated Funds						2,189			2,223			2,307			2,301			2,310			2,297					74			3.3	%		2,206			2,303			97			4.4	%
			Total Canada average client assets					16,743			17,376			18,759			19,526			20,073			20,921					3,545			20.4	%		17,060			20,497			3,437			20.1	%
			Total U.S. average client assets					96,274			96,599			104,358			108,649			109,802			114,629					18,030			18.7	%		96,437			112,215			15,779			16.4	%
				Total average client assets			$	113,018		$	113,975		$	123,117		$	128,175		$	129,875		$	135,550				$	21,574			18.9	%	$	113,496		$	132,712		$	19,216			16.9	%
	Average number of fee-generating positions (thous) (3)
		Recordkeeping and custodial						2,419			2,437			2,448			2,459			2,467			2,483					47			1.9	%		2,428			2,475			47			2.0	%
		Recordkeeping only						885			893			902			912			924			938					45			5.0	%		889			931			42			4.7	%
				Total				3,304			3,330			3,350			3,372			3,391			3,421					92			2.8	%		3,317			3,406			89			2.7	%

(1)Asset value outflows - include (a) redemptions of assets, (b) sales charges on the inflow sales figures, and (c) the net flow of money market funds sold and redeemed on the Company's recordkeeping platform. The redemptions of assets must be estimated for approximately 4% of account values as these figures are not readily available. Actual redemptions as a percentage of account values for similar known account values are used to estimate the unknown redemption values.

(2)Change in market value, net - market value fluctuations net of fees and expenses.

(3)Fee generating positions - mutual fund positions for which we receive recordkeeping fees. An individual client account may include multiple mutual fund positions. We may also receive fees earned for custodial services that we provide to clients with retirement plan accounts that hold positions in these mutual funds.

11 of 16

Corporate Other Distributed Products - Financial Results PRIMERICA, INC. Financial Supplement

																											YOY Q2												YOY YTD
(Dollars in thousands)							Q1 2025			Q2 2025			Q3 2025			Q4 2025			Q1 2026			Q2 2026			Q3 2026	Q4 2026	$ Change			% Change			YTD 2025			YTD 2026			$ Change			% Change
Corporate & Other Distributed Products Income Before Income Taxes
Revenues:
	Direct premiums						$	4,414		$	4,335		$	4,604		$	3,892		$	4,044		$	4,149				$	(186	)		-4.3	%	$	8,750		$	8,193		$	(557	)		-6.4	%
	Ceded premiums							(1,187	)		(1,102	)		(1,169	)		(1,571	)		(1,016	)		(1,039	)				63			5.7	%		(2,290	)		(2,054	)		235			10.3	%
	Net premiums							3,227			3,233			3,435			2,321			3,028			3,110					(123	)		-3.8	%		6,460			6,138			(322	)		-5.0	%
	Adjusted net investment income							41,141			40,746			42,110			42,588			43,283			43,738					2,991			7.3	%		81,887			87,021			5,134			6.3	%
	Commissions and fees:
	Prepaid legal services							3,682			4,009			2,304			3,479			3,326			3,935					(74	)		-1.8	%		7,691			7,261			(430	)		-5.6	%
	Auto and homeowners insurance							1,966			2,440			2,941			2,245			1,988			2,339					(101	)		-4.2	%		4,406			4,326			(79	)		-1.8	%
	Mortgage loans							2,129			3,020			3,281			2,984			2,553			3,416					396			13.1	%		5,148			5,969			821			15.9	%
	Other sales commissions							1,701			1,502			1,620			1,618			1,535			1,695					193			12.9	%		3,203			3,230			27			0.8	%
	Other, net							1,057			938			1,098			1,106			1,307			1,018					80			8.5	%		1,995			2,324			329			16.5	%
	Adjusted operating revenues							54,902			55,887			56,789			56,341			57,019			59,250					3,363			6.0	%		110,790			116,269			5,480			4.9	%
Benefits and expenses:
	Benefits and claims							3,619			3,769			3,833			3,162			4,002			3,154					(615	)		-16.3	%		7,388			7,156			(231	)		-3.1	%
	Future policy benefits remeasurement (gain)/loss							128			(152	)		278			82			187			(180	)				(28	)		-18.4	%		(23	)		7			30			129.8	%
	Amortization of DAC							291			288			267			265			260			256					(32	)		-11.1	%		580			516			(63	)		-10.9	%
	Insurance commissions							199			45			(741	)		101			119			106					60			133.4	%		244			224			(20	)		-8.0	%
	Insurance expenses							1,160			1,147			1,074			1,202			1,189			1,139					(8	)		-0.7	%		2,307			2,328			21			0.9	%
	Sales commissions							4,605			5,346			4,484			5,015			4,682			5,431					85			1.6	%		9,951			10,113			162			1.6	%
	Interest expense							6,004			6,000			5,985			5,968			5,861			5,833					(168	)		-2.8	%		12,005			11,693			(311	)		-2.6	%
	Other operating expenses							46,924			36,696			37,811			40,834			47,455			39,680					2,984			8.1	%		83,620			87,135			3,515			4.2	%
	Benefits and expenses							62,930			53,139			52,992			56,629			63,755			55,418					2,279			4.3	%		116,070			119,173			3,104			2.7	%
	Adjusted operating income before income taxes						$	(8,028	)	$	2,748		$	3,798		$	(288	)	$	(6,736	)	$	3,832				$	1,084			39.5	%	$	(5,280	)	$	(2,904	)	$	2,376			45.0	%

12 of 16

Investment Portfolio - Summary of Holdings PRIMERICA, INC. Financial Supplement

								As of or for the period ended June 30, 2026
																	% of Total						Avg
								Market			Amortized			Unrealized			Market			Amortized			Book			Avg
(Dollars in thousands)								Value			Cost			G/(L)			Value			Cost			Yield			Rating
Investment Portfolio by Asset Class
Cash, Cash Equivalents, and Short Term								$	605,133		$	605,136		$	(3	)		14.6	%		14.1	%
Fixed Income:
	Treasury								12,050			12,326			(276	)		0.3	%		0.3	%		3.1	%	AA+
	Government								232,530			245,134			(12,604	)		5.6	%		5.7	%		3.4	%	AA-
	Tax-Exempt Municipal								46,386			47,321			(934	)		1.1	%		1.1	%		3.4	%	AA
	Public Corporate								1,870,583			1,926,178			(55,595	)		45.2	%		45.0	%		4.5	%	BBB+
	Mortgage-Backed								654,619			703,575			(48,957	)		15.8	%		16.4	%		4.2	%	AAA
	Asset-Backed								247,047			251,545			(4,498	)		6.0	%		5.9	%		4.6	%	AA-
	CMBS								78,424			85,346			(6,922	)		1.9	%		2.0	%		3.7	%	A+
	Private Placements								359,753			369,662			(9,909	)		8.7	%		8.6	%		5.3	%	BBB+
	Redeemable Preferred								2,664			3,248			(584	)		0.1	%		0.1	%		5.0	%	BBB-
						Total Fixed Income			3,504,058			3,644,336			(140,278	)		84.7	%		85.2	%		4.4	%	A
Equities and Other:
	Perpetual Preferred								3,443			3,443			-			0.1	%		0.1	%
	Common Stock								21,302			21,302			-			0.5	%		0.5	%
	Mutual Fund								4,473			4,473			-			0.1	%		0.1	%
	Derivative								48			48			-			0.0	%		0.0	%
						Total Equities			29,265			29,265			-			0.7	%		0.7	%
						Total Invested Assets		$	4,138,456		$	4,278,737		$	(140,281	)		100.0	%		100.0	%
Public Corporate Portfolio by Sector
	Banking							$	114,737		$	114,605		$	131			6.1	%		5.9	%
	Basic Industry								68,882			73,805			(4,923	)		3.7	%		3.8	%
	Brokerage								65,421			67,574			(2,153	)		3.5	%		3.5	%
	Capital Goods								123,507			125,574			(2,067	)		6.6	%		6.5	%
	Communications								76,232			77,962			(1,730	)		4.1	%		4.0	%
	Consumer Cyclical								142,019			146,474			(4,455	)		7.6	%		7.6	%
	Consumer Non Cyclical								186,894			196,900			(10,006	)		10.0	%		10.2	%
	Electric								148,215			151,357			(3,142	)		7.9	%		7.9	%
	Energy								252,786			256,797			(4,010	)		13.5	%		13.3	%
	Finance Companies								94,828			95,729			(900	)		5.1	%		5.0	%
	Financial Other								3,227			3,276			(48	)		0.2	%		0.2	%
	Industrial Other								6,167			6,713			(545	)		0.3	%		0.3	%
	Insurance								264,683			272,959			(8,276	)		14.1	%		14.2	%
	Natural Gas								23,170			23,235			(65	)		1.2	%		1.2	%
	Owned No Guarantee								2,099			2,325			(226	)		0.1	%		0.1	%
	Reits								124,682			131,212			(6,530	)		6.7	%		6.8	%
	Technology								115,951			120,742			(4,792	)		6.2	%		6.3	%
	Transportation								53,157			54,546			(1,389	)		2.8	%		2.8	%
	Utility Other								3,926			4,393			(468	)		0.2	%		0.2	%
						Total Public Corporate portfolio		$	1,870,583		$	1,926,178		$	(55,595	)		100.0	%		100.0	%
Fixed-Maturity Securities - Effective Maturity
Effective maturity
		< 1 Yr.
		1-2 Yrs.						$	493,852		$	495,823		$	(1,971	)		14.1	%		13.6	%		4.0	%
		2-5 Yrs.							244,513			247,017			(2,504	)		7.0	%		6.8	%		3.9	%
		5-10 Yrs.							862,930			895,153			(32,224	)		24.6	%		24.6	%		4.1	%
		> 10 Yrs.							1,140,931			1,205,085			(64,154	)		32.6	%		33.1	%		4.4	%
						Total Fixed Income			761,832			801,257			(39,426	)		21.7	%		22.0	%		5.3	%
								$	3,504,058		$	3,644,336		$	(140,278	)		100.0	%		100.0	%		4.4	%
Duration
Fixed Income portfolio duration									5.2		years

Note: Investment Portfolio pages in this Financial Supplement exclude the Held to Maturity asset on our balance sheet.

13 of 16

Investment Portfolio - Quality Ratings As of June 30, 2026 PRIMERICA, INC. Financial Supplement

(Dollars in thousands)
Investment Portfolio Quality Ratings (1)
								Amortized Cost			% of Total
Total Fixed Income portfolio:
	Rating
	AAA							$	670,861			18.4	%
	AA								494,329			13.6	%
	A								902,900			24.8	%
	BBB								1,543,744			42.4	%
	Below Investment Grade								31,080			0.9	%
	NA								1,421			0.0	%
						Total Fixed Income		$	3,644,336			100.0	%
								Amortized Cost			% of Total													Amortized Cost			% of Total
Public Corporate asset class:																Private Placement asset class:
	Rating																Rating
	AAA							$	2,038			0.1	%				AAA							$	-			—
	AA								84,524			4.4	%				AA								8,860			2.4	%
	A								547,222			28.4	%				A								108,430			29.3	%
	BBB								1,265,364			65.7	%				BBB								251,372			68.0	%
	Below Investment Grade								26,830			1.4	%				Below Investment Grade								1,000			0.3	%
	NA								201			0.0	%				NA								-			—
						Total Corporate		$	1,926,178			100.0	%									Total Private		$	369,662			100.0	%
CMBS asset class:																Mortgage-Backed asset class:
	Rating																Rating
	AAA							$	22,378			26.2	%				AAA							$	545,228			77.5	%
	AA								16,994			19.9	%				AA								158,210			22.5	%
	A								36,584			42.9	%				A								-			—
	BBB								6,192			7.3	%				BBB								-			—
	Below Investment Grade								3,198			3.7	%				Below Investment Grade								53			0.0	%
	NA								-			—					NA								84			0.0	%
						Total CMBS		$	85,346			100.0	%									Total Mortgage-Backed		$	703,575			100.0	%
Asset-Backed asset class:																Treasury & Government asset classes:
	Rating																Rating
	AAA							$	78,982			31.4	%				AAA							$	21,575			8.4	%
	AA								52,418			20.8	%				AA								141,474			54.9	%
	A								120,145			47.8	%				A								75,707			29.4	%
	BBB								-			—					BBB								17,568			6.8	%
	Below Investment Grade								-			—					Below Investment Grade								-			—
	NA								-			—					NA								1,136			0.4	%
						Total Asset-Backed		$	251,545			100.0	%									Total Treasury & Government		$	257,460			100.0	%
NAIC Designations
	1							$	1,714,420			56.9	%
	2								1,268,091			42.1	%
	3								25,347			0.8	%
	4								3,975			0.1	%
	5								-			—
	6								-			—
						U.S. Insurer Fixed Income (2)			3,011,834			100.0	%
	Other (3)								661,768
	Cash and cash equivalents								605,136
						Total Invested Assets		$	4,278,737

(1)Ratings method for split ratings: If by 2 NRSROs, use lower of the two; if by 3 or more NRSROs, use second lowest.

(2)NAIC ratings for our U.S. insurance companies' fixed income portfolios.

(3)Other consists of assets held by our non-life companies, Canadian insurance company, and unrated equities.

Note: Investment Portfolio pages in this Financial Supplement exclude the Held to Maturity asset on our balance sheet.

14 of 16

Investment Portfolio - Supplemental Data and Trends PRIMERICA, INC. Financial Supplement

																											YOY Q2
(Dollars in thousands)							Q1 2025			Q2 2025			Q3 2025			Q4 2025			Q1 2026			Q2 2026			Q3 2026	Q4 2026	$ Change			% Change
Net Investment Income by Source
	Fixed-maturity securities (available-for-sale)						$	33,513		$	34,346		$	35,218		$	36,130		$	38,133		$	40,394				$	6,048		17.6%
	Fixed-maturity securities (held-to-maturity)							14,669			14,621			14,476			14,278			13,223			12,862					(1,759	)	-12.0%
	Equity Securities							314			315			318			321			323			329					14		4.4%
	Deposit asset underlying 10% reinsurance treaty							1,857			1,736			1,659			1,512			—			—					(1,736	)	-100.0%
	Deposit asset - Mark to Market							530			182			321			(466	)		—			—					(182	)	-100.0%
	Policy loans and other invested assets							1,032			482			611			617			673			201					(281	)	-58.3%
	Cash & cash equivalents							6,519			5,959			6,340			6,065			6,189			4,838					(1,121	)	-18.8%
					Total investment income			58,435			57,641			58,943			58,457			58,542			58,624					983		1.7%
	Investment expenses							2,095			2,092			2,036			2,057			2,036			2,024					(68	)	-3.3%
	Interest Expense on Surplus Note							14,669			14,621			14,476			14,278			13,223			12,862					(1,759	)	-12.0%
					Net investment income		$	41,671		$	40,928		$	42,431		$	42,122		$	43,283		$	43,738				$	2,810		6.9%
		Fixed income book yield, end of period						4.21	%		4.26	%		4.27	%		4.30	%		4.39	%		4.43	%
		New money yield						5.47	%		5.64	%		5.15	%		4.92	%		5.00	%		4.94	%
																											YOY Q2
							Q1 2025			Q2 2025			Q3 2025			Q4 2025			Q1 2026			Q2 2026			Q3 2026	Q4 2026	% Pt Change
Fixed Income Portfolio Quality Ratings
	Rating
	AAA							19.0	%		19.3	%		19.3	%		19.7	%		19.2	%		18.4	%				-0.9	%
	AA							13.6	%		14.0	%		14.6	%		14.9	%		14.0	%		13.6	%				-0.4	%
	A							24.5	%		23.8	%		24.0	%		23.8	%		25.1	%		24.8	%				1.0	%
	BBB							41.7	%		41.9	%		41.0	%		40.6	%		40.8	%		42.4	%				0.5	%
	Below Investment Grade							1.1	%		0.9	%		0.9	%		1.1	%		0.9	%		0.9	%				-0.0	%
	NA							0.1	%		0.1	%		0.1	%		0.0	%		0.1	%		0.0	%				-0.1	%
						Total Fixed Income		100.0	%		100.0	%		100.0	%		100.0	%		100.0	%		100.0	%				—
						Average rating by amortized cost	A			A			A			A			A			A

							As of June 30, 2026										As of June 30, 2026											As of June 30, 2026
							Market Value			Amortized Cost			Credit Rating				Market Value			Amortized Cost								Market Value			Amortized Cost
Top 25 Exposures															Foreign Exposure (1)										Government Investments (1)
	1	ONEOK Inc					$	15,117		$	15,455		BBB		Canada		$	90,186		$	94,229				AAA			$	—		$	—
	2	Province of Alberta Canada						14,568			15,022		AA-		United Kingdom			45,239			44,676				AA				—			—
	3	Province of Ontario Canada						13,622			13,744		A+		Australia			27,846			28,178				A				11,510			12,454
	4	Realty Income Corp						13,612			13,961		A-		Germany			24,988			25,182				BBB				16,963			17,118
	5	T-Mobile US Inc						12,993			13,013		BBB		France			17,622			17,704				Below Investment Grade				—			—
	6	Manulife Financial Corp						12,884			13,277		A		Ireland			11,213			10,924				NA				—			—
	7	Enbridge Inc						12,046			12,349		BBB+		Italy			11,201			10,861					Total		$	28,473		$	29,572
	8	Morgan Stanley						12,038			11,973		BBB+		Bermuda			11,101			10,976
	9	Oracle Corp						11,738			12,891		BBB		Cayman Islands			9,952			9,893
	10	Province of New Brunswick Canada						11,653			12,017		A+		Mexico			9,806			10,519				Non-Government Investments (1)
	11	Intact Financial Corp						11,564			11,306		A+		Luxembourg			8,133			7,662
	12	Parker-Hannifin Corp						11,339			11,394		BBB+		Norway			5,699			5,783				AAA			$	—		$	—
	13	KKR & Co Inc						11,338			11,609		A		Spain			4,957			4,910				AA				8,274			8,298
	14	Duke Energy Corp						10,912			10,788		BBB+		Panama			3,016			3,128				A				64,717			65,266
	15	Province of Quebec Canada						10,707			10,888		AA-		Aruba			2,782			2,767				BBB				208,513			210,910
	16	Province of British Columbia Canada						10,658			10,929		A		Emerging Markets (2)			16,031			16,490				Below Investment Grade				1,909			2,122
	17	Golub Capital BDC Inc						10,514			10,561		BBB-		All Other			12,113			12,287				NA				—			—
	18	Wells Fargo & Co						10,396			10,418		BBB+			Total	$	311,886		$	316,168					Total		$	283,413		$	286,596
	19	Alimentation Couche-Tard Inc						10,375			10,536		BBB+
	20	Enel SpA						10,311			9,962		BBB
	21	MPLX LP						9,943			10,024		BBB
	22	Hercules Capital Inc						9,922			9,976		BBB-
	23	Sammons Enterprises Inc						9,917			10,392		BBB+
	24	PNC Financial Services Group Inc/The						9,886			10,047		A-
	25	Province of Nova Scotia Canada						9,848			10,328		AA-
						Total	$	287,902		$	292,861
						% of total fixed income portfolio		7.0	%		6.8	%

(1)US$ denominated investments in issuers outside of the United States based on country of risk.

(2)Emerging markets is as defined by MSCI, Inc. which include Chile, India, Peru, Poland and South Africa.

Note: Investment Portfolio pages in this Financial Supplement exclude the Held to Maturity asset on our balance sheet.

15 of 16

Five-Year Historical Key Statistics PRIMERICA, INC. Financial Supplement

(Dollars in millions)							2021			2022			2023			2024			2025			Q1 2025			Q2 2025			Q3 2025			Q4 2025			Q1 2026			Q2 2026			Q3 2026	Q4 2026
Recruits								349,374			359,735			361,925			445,425			358,316			100,867			80,924			101,156			75,369			84,217			82,346
Life-insurance licensed sales force, beginning of period								134,907			129,515			135,208			141,572			151,611			151,611			152,167			152,592			152,200			151,524			149,732
	New life-licensed representatives							39,622			45,147			49,096			56,320			48,722			12,339			12,903			12,482			10,998			10,569			11,020
	Non-renewal and terminated representatives							(45,014	)		(39,454	)		(42,732	)		(46,281	)		(48,809	)		(11,783	)		(12,478	)		(12,874	)		(11,674	)		(12,361	)		(12,140	)
Life-insurance licensed sales force, end of period								129,515			135,208			141,572			151,611			151,524			152,167			152,592			152,200			151,524			149,732			148,612
Issued term life policies								323,855			291,918			358,860			370,396			331,787			86,415			89,850			79,379			76,143			74,054			78,904
Issued term life face amount							$	108,521		$	103,822		$	119,102		$	122,233		$	111,882		$	28,455		$	30,292		$	27,067		$	26,068		$	25,678		$	27,737
Term life face amount in-force, beginning of period							$	858,818		$	903,404		$	916,808		$	944,609		$	953,583		$	953,583		$	956,981		$	968,312		$	967,024		$	967,612		$	965,671
	Issued term life face amount							108,521			103,822			119,102			122,233			111,882			28,455			30,292			27,067			26,068			25,678			27,737
	Terminated term life face amount							(64,798	)		(82,894	)		(94,230	)		(103,872	)		(103,103	)		(24,979	)		(24,795	)		(26,159	)		(27,170	)		(25,578	)		(23,645	)
	Foreign currency impact, net							862			(7,524	)		2,929			(9,387	)		5,251			(77	)		5,834			(2,196	)		1,690			(2,041	)		(1,858	)
Term life face amount in force, end of period							$	903,404		$	916,808		$	944,609		$	953,583		$	967,612		$	956,981		$	968,312		$	967,024		$	967,612		$	965,671		$	967,905
Estimated annualized issued term life premium
	Premium from new policies						$	297.2		$	271.9		$	302.4		$	318.0		$	289.9		$	74.4		$	78.5		$	69.8		$	67.1		$	64.9		$	70.3
	Additions and increases in premium							77.0			76.7			74.3			74.7			75.6			18.5			20.2			19.0			17.9			18.4			19.5
		Total estimated annualized issued term life premium					$	374.2		$	348.5		$	376.6		$	392.7		$	365.4		$	93.0		$	98.7		$	88.8		$	85.0		$	83.3		$	89.9
Investment & Savings product sales							$	11,703.2		$	10,009.0		$	9,211.7		$	12,078.9		$	14,930.2		$	3,559.3		$	3,548.4		$	3,711.9		$	4,110.6		$	4,331.8		$	4,357.3
Investment & Savings average client asset values							$	89,993		$	87,193		$	89,474		$	105,742		$	119,571		$	113,018		$	113,975		$	123,117		$	128,175		$	129,875		$	135,550
Closed U.S. Mortgage Volume (brokered)							$	1,229.2		$	567.2		$	293.4		$	397.4		$	500.7		$	93.5		$	132.8		$	143.4		$	130.9		$	113.1		$	150.6

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• EX-101 XBRL TAXONOMY EXTENSION SCHEMA WITH EMBEDDED LINKBASES DOCUMENT 29.3 KB