Primerica Q3 net income rises 1% to $209M

Investment and Savings Products sales reached $4.4 billion, while Term Life adjusted operating income before income taxes fell 12% year over year.

Available on EDGAR 11/04/2026 - 04:33 PM EST Accepted by SEC EDGAR 11/04/2026 - 04:32 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Primerica, Inc. reported third-quarter 2026 total revenue of $902 million, up 7% year over year, and net income of $209 million, up 1%; diluted earnings per share was $6.76, up 6%.

Adjusted net operating income was $209 million, up 2%, and diluted adjusted operating earnings per share was $6.77, up 7%. Investment and Savings Products sales rose 19% to $4.4 billion; client asset values were $139.6 billion, up 10%, with $407 million in quarterly net inflows. Term Life adjusted direct premiums increased 3%, while issued face amount fell 5% to $25.7 billion and adjusted operating income before income taxes declined 12%.

Primerica returned $159 million to stockholders during the quarter, including $122 million in share repurchases and $37 million in dividends. The life-licensed sales force totaled 147,058 representatives at quarter end, down 3%. Primerica says adjusted operating revenues, income and EPS exclude investment gains and fair-value mark-to-market adjustments, and cautions that non-GAAP measures should not replace analysis of GAAP results.

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Positive

• Moderate pointTotal revenue rose 7% year over year in Q3 2026.

Negative

• Moderate pointTerm Life adjusted operating income before income taxes declined 12% year over year.

Filing Explained

The reported quarter combined growth in Investment and Savings Products with a decline in Term Life, rather than uniform segment performance.

Primerica reports completed results for the quarter ended September 30 and an approved $1.20-per-share dividend, payable December 14, 2026 to holders of record November 20, 2026; the scheduled payment provides cash to eligible common holders.

Year over year, adjusted operating income before income taxes rose 21% at Investment and Savings Products, fell 12% at Term Life, and rose 1% overall.

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, or exhibit attachments filed with this report.

Key Figures

Total revenues: $902 million Net income: $209 million Diluted earnings per share: $6.76 +5 more

8 metrics

Total revenues $902 million Third quarter 2026; up 7% year over year

Net income $209 million Third quarter 2026; up 1% year over year

Diluted earnings per share $6.76 Third quarter 2026; up 6% year over year

Adjusted net operating income $209 million Third quarter 2026; up 2% year over year

Investment and Savings Products sales $4.4 billion Third quarter 2026; up 19% year over year

Client asset values $139.6 billion At September 30, 2026; up 10% year over year

Term Life adjusted operating income before income taxes $152.693 million Third quarter 2026; down 12% year over year

Dividend $1.20 per share Payable December 14, 2026, to stockholders of record November 20, 2026

Key Terms

Adjusted net operating income, fair value mark-to-market (MTM) investment adjustments, IPO coinsurance transactions, statutory risk-based capital ratio

4 terms

Adjusted net operating income financial

"Adjusted net operating income of $209 million increased 2% YoY"

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.

fair value mark-to-market (MTM) investment adjustments financial

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

IPO coinsurance transactions financial

"Amounts ceded under the IPO coinsurance transactions"

statutory risk-based capital ratio financial

"estimated statutory risk-based capital ratio was approximately 445%"

A statutory risk-based capital ratio is a regulator-calculated measure showing how much financial cushion an insurer has relative to the risks it takes, using rules set by insurance authorities rather than general accounting. Investors care because it signals whether a company has enough reserves to withstand losses, similar to a car’s safety rating telling you how well it protects passengers; a low ratio raises the chance of regulatory intervention or reduced dividends.

Earnings Snapshot

Total revenues: $902 million

Third quarter 2026

Total revenues $902 million up 7% year over year

Net income $209 million up 1% year over year

Diluted earnings per share $6.76 up 6% year over year

Adjusted net operating income $209 million up 2% year over year

Diluted adjusted operating earnings per share $6.77 up 7% year over year

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What dividend did PRI approve for the third quarter of 2026?

Primerica approved a dividend of $1.20 per share, payable on December 14, 2026, to stockholders of record on November 20, 2026.

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

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false000147592200014759222026-11-042026-11-04

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): November 4, 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 November 4, 2026, Primerica, Inc. (the “Company”) announced its results of operations for the quarter ended September 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

2

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 November 4, 2026, the Company posted to the “Investor Relations” section of its website certain supplemental financial information relating to the quarter ended September 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 November 4, 2026 – Primerica Reports Third Quarter 2026 Results
99.2		Primerica, Inc. Supplemental Financial Information – Third 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: November 4, 2026		PRIMERICA, INC.
		/s/ Tracy Tan
		Tracy Tan
		Executive Vice President and Chief Financial Officer

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Primerica Reports Third Quarter 2026 Results Led By Record Investment Sales, Up 19% Year Over Year, $140 Billion in Client Asset Values and $969 Billion of Term Life Insurance Face Amount In-Force

Key Financial Results

•Total revenues of $902 million increased 7% compared to the third quarter of 2025

•Net income of $209 million increased 1% year over year (YoY); net earnings per diluted share (EPS) of $6.76 increased 6% YoY, including a pre-tax remeasurement gain of $12 million versus a $23 million pre-tax remeasurement gain in the prior year period

•Adjusted net operating income of $209 million increased 2% YoY; diluted adjusted operating EPS of $6.77 increased 7% YoY

•Return on stockholders' equity (ROE) was 31.3%; adjusted net operating income return on adjusted stockholders' equity (ROAE) was 33.9%

Key Business Results

Term Life Insurance

•Life-licensed sales force totaled 147,058 representatives at quarter end

•Net premiums were consistent, while adjusted direct premiums increased 3% YoY

•Issued Term Life face amount decreased 5% YoY to $25.7 billion

Investment and Savings Products (ISP)

•ISP sales increased 19% YoY to $4.4 billion

•Client asset values ended the quarter at $140 billion, up 10% YoY

•Net inflows totaled $407 million during the quarter

Capital Management

•Returned $159 million to stockholders during the quarter, including $122 million of share repurchases and $37 million of dividends paid

•The Board of Directors approved a dividend of $1.20 per share payable on December 14, 2026 to stockholders of record on November 20, 2026

•Primerica Life Insurance Company's estimated statutory risk-based capital ratio was approximately 445% as of September 30, 2026

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Duluth, GA, Nov. 4, 2026 – Primerica, Inc. (NYSE: PRI) reported financial results for the quarter ended September 30, 2026. The Company's financial results reflected continued momentum in its investment business, driven by strong client demand and expanded product offerings, while favorable equity market performance over the last year 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. Results included the impact of the annual actuarial assumption changes that are recognized in the third quarter.

"In the third quarter, Primerica’s financial performance underscored the consistency of our business fundamentals, driven by our unique operating model that is purpose-built to help middle-income families achieve financial security," said Glenn Williams, Chief Executive Officer. "Stable earnings in our Term Life segment and record investment sales continue to drive earnings momentum. These results reflect the dedication of our independent sales force and their commitment to helping families build a more secure future."

Third Quarter Distribution & Segment Results

Distribution Results
		Q3 2026				Q3 2025				% Change
Life-Licensed Sales Force (1)			147,058				152,200				(3	)%
Recruits			90,818				101,156				(10	)%
New Life-Licensed Representatives			10,722				12,482				(14	)%
Life Productivity (2)			0.17				0.17			*
Issued Term Life Face Amount ($ billions) (3)		$	25.7			$	27.1				(5	)%
Life Insurance Policies Issued			73,813				79,379				(7	)%
Client Asset Values ($ billions)  (1)		$	139.6			$	126.8				10	%
ISP Product Sales ($ billions)		$	4.4			$	3.7				19	%
Closed U.S. Mortgage Volume ($ million brokered)		$	142.6			$	143.4				(1	)%

(1)At period end

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

(3)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
		Q3 2026				Q3 2025				% Change
		($ in thousands)
Adjusted Operating Revenues:
Term Life Insurance		$	461,567			$	463,301			*
Investment and Savings Products			378,026				318,788				19	%
Corporate and Other Distributed Products (1)			62,230				56,790				10	%
Total adjusted operating revenues (1)		$	901,823			$	838,879				8	%
Adjusted Operating Income (Loss) before   income taxes:
Term Life Insurance		$	152,693			$	172,685				(12	)%
Investment and Savings Products			114,054				94,222				21	%
Corporate and Other Distributed Products (1)			5,334				3,799				41	%
Total adjusted operating income before income taxes (1)		$	272,081			$	270,706				1	%

(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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Earnings Webcast Information

Primerica will hold a webcast on Thursday, November 5, 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.

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

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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.

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 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

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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.

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)
		September 30, 2026				December 31, 2025
		(In thousands)
Assets
Investments:
Fixed-maturity securities available-for-sale, at fair value		$	3,281,333			$	3,265,246
Fixed-maturity security held-to-maturity, at amortized cost			1,018,380				1,175,380
Equity securities, at fair value			28,770				26,433
Trading securities, at fair value			32,153				12,801
Policy loans and other invested assets			96,560				56,233
Total investments			4,457,196				4,536,093
Cash and cash equivalents			782,723				756,227
Accrued investment income			34,599				30,122
Reinsurance recoverables			2,287,256				2,564,952
Deferred policy acquisition costs, net			4,032,097				3,915,998
Agent balances, due premiums and other receivables			304,446				275,171
Intangible asset			45,275				45,275
Income taxes			139,269				177,302
Operating lease right-of-use assets			38,689				41,900
Other assets			254,037				387,776
Separate account assets			2,103,941				2,281,520
Total assets		$	14,479,528			$	15,012,336
Liabilities and stockholders' equity
Liabilities:
Future policy benefits		$	6,286,925			$	6,818,179
Unearned and advance premiums			15,720				15,521
Policy claims and other benefits payable			475,846				495,356
Other policyholders' funds			343,618				356,427
Note payable			595,917				595,315
Surplus note			1,018,167				1,175,119
Income taxes			64,913				147,960
Operating lease liabilities			45,574				49,565
Other liabilities			622,128				546,596
Payable under securities lending			80,185				84,876
Separate account liabilities			2,103,941				2,281,520
Total liabilities			11,652,934				12,566,434
Stockholders' equity:
Common stock			305				318
Retained earnings			2,527,210				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			550,437				134,594
Unrealized foreign currency translation gains (losses)			(31,065	)			(15,836	)
Net unrealized gains (losses) on available-for-sale securities			(220,293	)			(89,323	)
Total stockholders' equity			2,826,594				2,445,902
Total liabilities and stockholders' equity		$	14,479,528			$	15,012,336

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PRIMERICA, INC. AND SUBSIDIARIES
Condensed Consolidated Statements of Income
(Unaudited)
		Three months ended September 30,
		2026				2025
		(In thousands, except per-share amounts)
Revenues:
Direct premiums		$	876,839			$	868,651
Ceded premiums			(423,209	)			(414,104	)
Net premiums			453,630				454,547
Commissions and fees			386,717				325,490
Net investment income			45,740				42,431
Investment gains (losses)			(169	)			652
Other, net			15,736				16,732
Total revenues			901,654				839,852
Benefits and expenses:
Benefits and claims			167,452				172,152
Future policy benefits remeasurement (gain) loss			(11,833	)			(23,114	)
Amortization of deferred policy acquisition costs			86,592				81,498
Sales commissions			210,916				174,688
Insurance expenses			70,357				64,131
Insurance commissions			6,070				5,499
Interest expense			5,750				5,985
Other operating expenses			94,438				87,334
Total benefits and expenses			629,742				568,173
Income before income taxes			271,912				271,679
Income taxes			62,785				64,886
Net income		$	209,127			$	206,793
Earnings per share:
Basic earnings per share		$	6.77			$	6.36
Diluted earnings per share		$	6.76			$	6.35
Weighted-average shares used in computing   earnings per share:
Basic			30,775				32,404
Diluted			30,820				32,451

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PRIMERICA, INC. AND SUBSIDIARIES
Consolidated Adjusted Operating Results Reconciliation
(Unaudited)
		Three months ended September 30,
		2026				2025				% Change
		(In thousands, except per-share amounts)
Total revenues		$	901,654			$	839,852				7	%
Less: Investment (losses) gains			(169	)			652
Less: 10% deposit asset MTM included in NII			-				321
Adjusted operating revenues		$	901,823			$	838,879				8	%
Income before income taxes		$	271,912			$	271,679			*
Less: Investment (losses) gains			(169	)			652
Less: 10% deposit asset MTM included in NII			-				321
Adjusted operating income before income taxes		$	272,081			$	270,706			*
Net Income		$	209,127			$	206,793				1	%
Less: Investment (losses) gains			(169	)			652
Less: 10% deposit asset MTM included in NII			-				321
Less: Tax impact of preceding items			39				(232	)
Adjusted net operating income		$	209,257			$	206,052				2	%
Diluted earnings per share		$	6.76			$	6.35				6	%
Less: Net after-tax impact of operating adjustments			(0.01	)			0.02
Diluted adjusted operating earnings per share		$	6.77			$	6.33				7	%

* Not calculated or less than 1%

8

TERM LIFE INSURANCE SEGMENT
Adjusted Premiums Reconciliation
(Unaudited)
		Three months ended September 30,
		2026				2025				% Change
		(In thousands)
Direct premiums		$	872,573			$	864,047			*
Less: Premiums ceded to IPO coinsurers			173,221				185,392
Adjusted direct premiums			699,352				678,655				3	%
Ceded premiums			(422,072	)			(412,935	)
Less: Premiums ceded to IPO coinsurers			(173,221	)			(185,392	)
Other ceded premiums			(248,851	)			(227,543	)
Net premiums		$	450,501			$	451,112			*

* Not calculated or less than 1%

CORPORATE AND OTHER DISTRIBUTED PRODUCTS SEGMENT
Adjusted Operating Results Reconciliation
(Unaudited)
		Three months ended September 30,
		2026				2025				% Change
		(In thousands)
Total revenues		$	62,061			$	57,763				7	%
Less: Investment gains (losses)			(169	)			652
Less: 10% deposit asset MTM included in NII			-				321
Adjusted operating revenues		$	62,230			$	56,790				10	%
Income (loss) before income taxes		$	5,165			$	4,772			*
Less: Investment gains (losses)			(169	)			652
Less: 10% deposit asset MTM included in NII			-				321
Adjusted operating income (loss) before income taxes		$	5,334			$	3,799				41	%

* Not calculated or less than 1%

PRIMERICA, INC. AND SUBSIDIARIES
Adjusted Stockholders' Equity Reconciliation
(Unaudited)
		September 30, 2026				December 31, 2025				% Change
		(In thousands)
Stockholders' equity		$	2,826,594			$	2,445,902				16	%
Less: Net unrealized gains (losses)			(220,293	)			(89,323	)
Less: Effect of change in discount rate assumptions               on the liability for future policy benefits			550,437				134,594
Adjusted stockholders' equity		$	2,496,450			$	2,400,631				4	%

9

Exhibit 99.2

Supplemental Financial Information

Third 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

Third Quarter 2026

This document is a financial supplement to our third 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		$	4,221,538
	Securities held to maturity							1,285,340			1,258,800			1,241,540			1,175,380			1,130,730			1,073,520			1,018,380
			Total investments and cash					5,069,874			5,057,497			5,127,129			5,292,321			5,337,082			5,332,712			5,239,918
	Reinsurance recoverables							2,722,544			2,698,144			2,596,597			2,564,952			2,480,051			2,450,745			2,287,256
	Deferred policy acquisition costs							3,742,693			3,817,119			3,863,442			3,915,998			3,954,334			3,991,486			4,032,097
	Other assets							935,802			938,583			946,717			957,544			783,400			850,498			816,315
	Separate account assets							2,118,098			2,318,492			2,313,874			2,281,520			2,122,558			2,156,498			2,103,941
			Total assets				$	14,589,010		$	14,829,834		$	14,847,759		$	15,012,336		$	14,677,426		$	14,781,939		$	14,479,528
Liabilities:
	Future policy benefits						$	6,637,937		$	6,719,044		$	6,816,778		$	6,818,179		$	6,728,920		$	6,803,364		$	6,286,925
	Other policy liabilities							907,038			906,558			862,242			867,305			848,328			849,968			835,184
	Other liabilities							692,224			641,378			618,061			744,121			646,724			691,570			732,615
	Debt obligations							594,713			594,913			595,114			595,315			595,516			595,716			595,917
	Surplus note							1,285,032			1,258,508			1,241,263			1,175,119			1,130,485			1,073,291			1,018,167
	Payable under securities lending							97,560			83,425			104,535			84,876			85,020			88,579			80,185
	Separate account liabilities							2,118,098			2,318,492			2,313,874			2,281,520			2,122,558			2,156,498			2,103,941
			Total liabilities					12,332,601			12,522,318			12,551,868			12,566,435			12,157,552			12,258,986			11,652,934
Stockholders’ equity:
	Common stock ($0.01 par value) (1)							330			325			321			318			313			309			305
	Paid-in capital							—			—			—			—			—			—			—
	Retained earnings							2,253,435			2,270,996			2,319,750			2,416,149			2,440,207			2,473,436			2,527,210
	Accumulated other comprehensive income (loss), net:
		Net unrealized gains (losses)						(133,764	)		(124,629	)		(91,680	)		(89,323	)		(121,051	)		(110,635	)		(220,293	)
		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			550,437
		Cumulative translation adjustment						(35,191	)		(13,803	)		(22,191	)		(15,836	)		(23,388	)		(30,952	)		(31,065	)
			Total stockholders’ equity					2,256,409			2,307,516			2,295,892			2,445,901			2,519,874			2,522,953			2,826,594
			Total liabilities and stockholders' equity				$	14,589,010		$	14,829,834		$	14,847,759		$	15,012,336		$	14,677,426		$	14,781,939		$	14,479,528
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		$	2,826,594
	Less: Net unrealized gains (losses)							(133,764	)		(124,629	)		(91,680	)		(89,323	)		(121,051	)		(110,635	)		(220,293	)
	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			550,437
			Adjusted stockholders’ equity				$	2,218,574		$	2,257,519		$	2,297,880		$	2,400,630		$	2,417,133		$	2,442,793		$	2,496,450
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		$	2,442,793
	Net Income							169,051			178,344			206,793			197,047			190,096			202,278			209,127
	Shareholder dividends							(34,736	)		(34,209	)		(33,819	)		(33,288	)		(38,117	)		(37,480	)		(37,062	)
	Retirement of shares							(126,637	)		(129,124	)		(129,000	)		(74,654	)		(140,974	)		(135,295	)		(122,094	)
	Net foreign currency translation adjustment							(424	)		21,388			(8,388	)		6,355			(7,551	)		(7,565	)		(113	)
	Other, net							14,270			2,546			4,775			7,291			13,049			3,722			3,799
Balance, end of period							$	2,218,574		$	2,257,519		$	2,297,880		$	2,400,630		$	2,417,133		$	2,442,793		$	2,496,450
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		$	3,991,486
	General expenses deferred							10,883			11,605			11,235			10,368			11,363			10,958			11,113
	Commission costs deferred							130,162			126,272			122,850			120,125			117,128			116,730			116,376
	Amortization of deferred policy acquisition costs							(78,550	)		(80,043	)		(81,498	)		(82,813	)		(84,260	)		(85,128	)		(86,592	)
	Foreign currency impact and other, net							(232	)		16,592			(6,263	)		4,876			(5,895	)		(5,409	)		(285	)
Balance, end of period							$	3,742,693		$	3,817,119		$	3,863,442		$	3,915,998		$	3,954,334		$	3,991,486		$	4,032,097

(1)Outstanding common shares exclude restricted stock units.

4 of 16

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

																											YOY Q3												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			30,774,760				(1,629,352	)		-5.0	%		32,852,290			31,213,798			(1,638,492	)		-5.0	%
	Net income				$	169,051		$	178,344		$	206,793		$	197,047		$	190,096		$	202,278		$	209,127			$	2,334			1.1	%	$	554,187		$	601,501		$	47,314			8.5	%
	Less income attributable to unvested participating securities					(585	)		(572	)		(678	)		(606	)		(626	)		(684	)		(728	)			(49	)		-7.2	%		(1,837	)		(2,036	)		(198	)		-10.8	%
		Net income used in computing basic EPS			$	168,466		$	177,772		$	206,114		$	196,441		$	189,470		$	201,594		$	208,399			$	2,285			1.1	%	$	552,350		$	599,466		$	47,116			8.5	%
		Basic earnings per share			$	5.06		$	5.41		$	6.36		$	6.14		$	5.98		$	6.46		$	6.77			$	0.41			6.4	%	$	16.81		$	19.21		$	2.40			14.3	%
	Adjusted net operating income				$	168,068		$	180,385		$	206,052		$	196,907		$	189,794		$	200,954		$	209,257			$	3,205			1.6	%	$	554,505		$	600,006		$	45,501			8.2	%
	Less operating income attributable to unvested participating securities					(581	)		(579	)		(676	)		(605	)		(625	)		(679	)		(728	)			(52	)		-7.7	%		(1,838	)		(2,030	)		(192	)		-10.4	%
		Adjusted net operating income used in computing basic operating EPS			$	167,487		$	179,806		$	205,376		$	196,302		$	189,170		$	200,274		$	208,529			$	3,153			1.5	%	$	552,666		$	597,975		$	45,309			8.2	%
		Basic adjusted operating income per share			$	5.03		$	5.47		$	6.34		$	6.14		$	5.97		$	6.42		$	6.78			$	0.44			6.9	%	$	16.82		$	19.16		$	2.34			13.9	%
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			30,774,760				(1,629,352	)		-5.0	%		32,852,290			31,213,798			(1,638,492	)		-5.0	%
	Dilutive impact of contingently issuable shares					49,670			41,352			47,284			53,183			46,818			40,702			44,908				(2,376	)		-5.0	%		46,102			44,143			(1,959	)		-4.2	%
		Shares used to calculate diluted EPS				33,342,129			32,911,413			32,451,396			32,031,871			31,727,536			31,236,574			30,819,669				(1,631,728	)		-5.0	%		32,898,392			31,257,941			(1,640,451	)		-5.0	%
	Net income				$	169,051		$	178,344		$	206,793		$	197,047		$	190,096		$	202,278		$	209,127			$	2,334			1.1	%	$	554,187		$	601,501		$	47,314			8.5	%
	Less income attributable to unvested participating securities					(584	)		(571	)		(678	)		(605	)		(625	)		(683	)		(727	)			(49	)		-7.3	%		(1,835	)		(2,033	)		(198	)		-10.8	%
		Net income used in computing diluted EPS			$	168,467		$	177,772		$	206,115		$	196,442		$	189,471		$	201,595		$	208,400			$	2,285			1.1	%	$	552,352		$	599,468		$	47,116			8.5	%
		Diluted earnings per share			$	5.05		$	5.40		$	6.35		$	6.13		$	5.97		$	6.45		$	6.76			$	0.41			6.5	%	$	16.79		$	19.18		$	2.39			14.2	%
	Adjusted net operating income				$	168,068		$	180,385		$	206,052		$	196,907		$	189,794		$	200,954		$	209,257			$	3,205			1.6	%	$	554,505		$	600,006		$	45,501			8.2	%
	Less operating income attributable to unvested participating securities					(580	)		(578	)		(675	)		(604	)		(624	)		(679	)		(727	)			(52	)		-7.7	%		(1,836	)		(2,028	)		(192	)		-10.4	%
		Adjusted net operating income used in computing diluted operating EPS			$	167,487		$	179,807		$	205,377		$	196,303		$	189,170		$	200,275		$	208,530			$	3,153			1.5	%	$	552,668		$	597,978		$	45,309			8.2	%
		Diluted adjusted operating income per share			$	5.02		$	5.46		$	6.33		$	6.13		$	5.96		$	6.41		$	6.77			$	0.44			7.0	%	$	16.80		$	19.13		$	2.33			13.9	%
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		$	2,674,774			$	373,070			16.2	%	$	2,280,464		$	2,559,692		$	279,228			12.2	%
	Average adjusted stockholders' equity				$	2,207,812		$	2,238,047		$	2,277,699		$	2,349,255		$	2,408,882		$	2,429,963		$	2,469,622			$	191,922			8.4	%	$	2,241,186		$	2,436,155		$	194,969			8.7	%
	Net income return on stockholders' equity					30.0	%		31.3	%		35.9	%		33.2	%		30.6	%		32.1	%		31.3	%			-4.7	%	nm				32.4	%		31.3	%		-1.1	%	nm
	Net income return on adjusted stockholders' equity					30.6	%		31.9	%		36.3	%		33.6	%		31.6	%		33.3	%		33.9	%			-2.4	%	nm				33.0	%		32.9	%		0.0	%	nm
	Adjusted net operating income return on adjusted stockholders' equity					30.4	%		32.2	%		36.2	%		33.5	%		31.5	%		33.1	%		33.9	%			-2.3	%	nm				33.0	%		32.8	%		-0.1	%	nm
Capital Structure
	Debt-to-capital (1)					20.9	%		20.5	%		20.6	%		19.6	%		19.1	%		19.1	%		17.4	%			-3.2	%	nm				20.6	%		17.4	%		-3.2	%	nm
	Debt-to-capital, excluding AOCI (1)					20.9	%		20.8	%		20.4	%		19.8	%		19.6	%		19.4	%		19.1	%			-1.3	%	nm				20.4	%		19.1	%		-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		1.9	x			(0.4	x)	nm				2.2	x		1.9	x		(0.4	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		2.1	x			(0.1	x)	nm				2.2	x		2.1	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			30,501,818				(1,573,746	)		-4.9	%		32,075,564			30,501,818			(1,573,746	)		-4.9	%
	Adjusted stockholders' equity per share				$	67.18		$	69.37		$	71.64		$	75.47		$	77.12		$	79.06		$	81.85			$	10.21			14.2	%	$	71.64		$	81.85		$	10.21			14.2	%
Financial Strength Ratings - Primerica Life Insurance Co
	Moody's				A1			A1			A1			A1			A1			A1			A1				na			na			na			na			na			na
	S&P				AA-			AA-			AA-			AA-			AA-			AA-			AA-				na			na			na			na			na			na
	A.M. Best				A+			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			Baa1				na			na			na			na			na			na
	S&P				A-			A-			A-			A-			A-			A-			A-				na			na			na			na			na			na
	A.M. Best				a-			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 Q3												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		$	876,839			$	8,188			0.9	%	$	2,593,750		$	2,625,838		$	32,088			1.2	%
	Ceded premiums							(410,521	)		(433,408	)		(414,104	)		(420,843	)		(414,859	)		(442,280	)		(423,209	)			(9,105	)		-2.2	%		(1,258,034	)		(1,280,348	)		(22,314	)		-1.8	%
		Net premiums						448,323			432,846			454,547			448,187			456,387			435,473			453,630				(917	)		-0.2	%		1,335,716			1,345,490			9,774			0.7	%
	Net investment income							41,671			40,928			42,431			42,122			43,283			43,738			45,740				3,310			7.8	%		125,030			132,761			7,731			6.2	%
	Commissions and fees:
		Sales-based (1)						111,270			115,933			118,637			131,305			136,355			135,509			140,822				22,185			18.7	%		345,841			412,686			66,845			19.3	%
		Asset-based (2)						152,014			154,735			172,286			181,407			187,366			197,598			209,261				36,974			21.5	%		479,036			594,226			115,190			24.0	%
		Account-based (3)						24,195			24,394			24,420			24,347			23,619			24,118			24,514				93			0.4	%		73,008			72,251			(758	)		-1.0	%
		Other commissions and fees						9,477			10,970			10,146			10,326			9,401			11,385			12,121				1,975			19.5	%		30,594			32,907			2,313			7.6	%
	Investment (losses) gains							757			(2,866	)		652			641			396			1,691			(169	)			(822	)	nm				(1,457	)		1,917			3,374		nm
	Other, net							17,135			16,394			16,732			15,347			15,886			15,554			15,736				(996	)		-6.0	%		50,261			47,176			(3,086	)		-6.1	%
	Total revenues							804,843			793,334			839,852			853,683			872,693			865,066			901,654				61,802			7.4	%		2,438,029			2,639,413			201,384			8.3	%
Benefits and expenses:
	Benefits and claims							174,862			152,494			172,152			166,420			171,254			147,328			167,452				(4,700	)		-2.7	%		499,507			486,034			(13,474	)		-2.7	%
	Future policy benefits remeasurement (gain)/loss							(3,273	)		(5,895	)		(23,114	)		(5,107	)		(7,377	)		(5,038	)		(11,833	)			11,281			48.8	%		(32,282	)		(24,248	)		8,034			24.9	%
	Amortization of DAC							78,550			80,043			81,498			82,813			84,260			85,128			86,592				5,093			6.2	%		240,091			255,979			15,889			6.6	%
	Insurance commissions							6,124			5,751			5,499			5,621			5,618			5,778			6,070				571			10.4	%		17,374			17,466			92			0.5	%
	Insurance expenses							64,805			64,362			64,131			70,168			66,567			71,159			70,357				6,225			9.7	%		193,299			208,083			14,784			7.6	%
	Sales commissions:
		Sales-based (1)						77,267			82,935			82,867			89,561			95,168			95,816			98,767				15,900			19.2	%		243,069			289,751			46,682			19.2	%
		Asset-based (2)						76,246			78,010			87,337			93,247			95,360			100,677			106,518				19,181			22.0	%		241,593			302,555			60,962			25.2	%
		Other sales commissions						4,605			5,346			4,484			5,015			4,682			5,431			5,631				1,147			25.6	%		14,435			15,744			1,309			9.1	%
	Interest expense							6,004			6,000			5,985			5,968			5,861			5,833			5,750				(235	)		-3.9	%		17,990			17,443			(546	)		-3.0	%
	Other operating expenses							98,338			89,792			87,333			92,904			101,882			94,736			94,438				7,105			8.1	%		275,463			291,056			15,593			5.7	%
	Total benefits and expenses							583,528			558,838			568,173			606,609			623,275			606,847			629,742				61,569			10.8	%		1,710,539			1,859,864			149,325			8.7	%
	Income before income taxes							221,315			234,496			271,679			247,074			249,418			258,219			271,912				234			0.1	%		727,490			779,550			52,060			7.2	%
		Income taxes						52,264			56,153			64,886			50,027			59,322			55,941			62,785				(2,101	)		-3.2	%		173,303			178,048			4,745			2.7	%
	Net Income							169,051			178,344			206,793			197,047			190,096			202,278			209,127				2,334			1.1	%		554,187			601,501			47,314			8.5	%
Income Before Income Taxes by Segment
Term Life Insurance							$	146,785		$	155,012		$	172,684		$	146,578		$	154,859		$	148,480		$	152,692			$	(19,993	)		-11.6	%	$	474,482		$	456,031		$	(18,451	)		-3.9	%
Investment & Savings Products								81,270			79,420			94,223			100,609			100,900			104,216			114,054				19,830			21.0	%		254,914			319,169			64,254			25.2	%
Corporate & Other Distributed Products								(6,741	)		64			4,771			(113	)		(6,340	)		5,523			5,167				396			8.3	%		(1,906	)		4,350			6,256		nm
	Income before income taxes						$	221,315		$	234,496		$	271,679		$	247,074		$	249,418		$	258,219		$	271,912			$	234			0.1	%	$	727,490		$	779,550		$	52,060			7.2	%

(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 Q3												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		$	872,573			$	8,526			1.0	%	$	2,580,396		$	2,613,380		$	32,983			1.3	%
	Less: Premiums ceded to IPO Coinsurers							191,477			187,988			185,392			183,123			179,575			176,766			173,221				(12,171	)		-6.6	%		564,857			529,562			(35,295	)		-6.2	%
	Term Life Insurance adjusted direct premiums						$	662,953		$	673,931		$	678,655		$	682,015		$	687,627		$	696,838		$	699,352			$	20,697			3.0	%	$	2,015,539		$	2,083,818		$	68,278			3.4	%
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	)	$	(422,072	)		$	(9,137	)		-2.2	%	$	(1,254,576	)	$	(1,277,157	)	$	(22,581	)		-1.8	%
	Less: Premiums ceded to IPO Coinsurers							(191,477	)		(187,988	)		(185,392	)		(183,123	)		(179,575	)		(176,766	)		(173,221	)			12,171			6.6	%		(564,857	)		(529,562	)		35,295			6.2	%
	Term Life Insurance other ceded premiums						$	(217,857	)	$	(244,318	)	$	(227,543	)	$	(236,149	)	$	(234,269	)	$	(264,475	)	$	(248,851	)		$	(21,308	)		-9.4	%	$	(689,719	)	$	(747,595	)	$	(57,876	)		-8.4	%
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		$	45,740			$	3,310			7.8	%	$	125,030		$	132,761		$	7,731			6.2	%
	Less: MTM investment adjustments							530			182			321			(466	)		—			—			—			nm			nm				1,033			—		nm			nm
	Adjusted net investment income						$	41,141		$	40,746		$	42,110		$	42,588		$	43,283		$	43,738		$	45,740			$	3,631			8.6	%	$	123,997		$	132,761		$	8,764			7.1	%
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		$	5,167			$	396			8.3	%	$	(1,906	)	$	4,350		$	6,256		nm
	Less: Investment gains/(losses)							757			(2,866	)		652			641			396			1,691			(169	)		nm			nm				(1,457	)		1,917		nm			nm
	Less: MTM investment adjustments							530			182			321			(466	)		—			—			—			nm			nm				1,033			—		nm			nm
	Adjusted operating income before income taxes						$	(8,028	)	$	2,748		$	3,798		$	(288	)	$	(6,736	)	$	3,832		$	5,336			$	1,539			40.5	%	$	(1,482	)	$	2,433		$	3,915		nm
Reconciliation from Total Revenues to Adjusted Operating Revenues
	Total revenues						$	804,843		$	793,334		$	839,852		$	853,683		$	872,693		$	865,066		$	901,654			$	61,802			7.4	%	$	2,438,029		$	2,639,413		$	201,384			8.3	%
	Less: Investment (losses) gains							757			(2,866	)		652			641			396			1,691			(169	)		nm			nm				(1,457	)		1,917		nm			nm
	Less: MTM investment adjustments							530			182			321			(466	)		—			—			—			nm			nm				1,033			—		nm			nm
	Adjusted operating revenues						$	803,556		$	796,018		$	838,879		$	853,508		$	872,297		$	863,375		$	901,823			$	62,945			7.5	%	$	2,438,453		$	2,637,496		$	199,044			8.2	%
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		$	271,912			$	234			0.1	%	$	727,490		$	779,550		$	52,060			7.2	%
	Less: Investment (losses) gains							757			(2,866	)		652			641			396			1,691			(169	)		nm			nm				(1,457	)		1,917		nm			nm
	Less: MTM investment adjustments							530			182			321			(466	)		—			—			—			nm			nm				1,033			—		nm			nm
	Adjusted operating income before income taxes						$	220,028		$	237,181		$	270,706		$	246,899		$	249,023		$	256,528		$	272,082			$	1,376			0.5	%	$	727,914		$	777,632		$	49,719			6.8	%
Reconciliation from Net Income to Adjusted Net Operating Income
	Net income						$	169,051		$	178,344		$	206,793		$	197,047		$	190,096		$	202,278		$	209,127			$	2,334			1.1	%	$	554,187		$	601,501		$	47,314			8.5	%
	Less: Investment (losses) gains							757			(2,866	)		652			641			396			1,691			(169	)		nm			nm				(1,457	)		1,917		nm			nm
	Less: MTM investment adjustments							530			182			321			(466	)		—			—			—			nm			nm				1,033			—		nm			nm
	Less: Tax impact of preceding items							(304	)		643			(232	)		(35	)		(94	)		(366	)		39			nm			nm				106			(421	)	nm			nm
	Adjusted net operating income						$	168,068		$	180,385		$	206,052		$	196,907		$	189,794		$	200,954		$	209,257			$	3,205			1.6	%	$	554,505		$	600,006		$	45,501			8.2	%

7 of 16

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

																													YOY Q3												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		$	872,573			$	8,526			1.0	%	$	2,580,396		$	2,613,380		$	32,983			1.3	%
	Premiums ceded to IPO coinsurers (1)							(191,477	)		(187,988	)		(185,392	)		(183,123	)		(179,575	)		(176,766	)		(173,221	)			12,171			6.6	%		(564,857	)		(529,562	)		35,295			6.2	%
	Adjusted direct premiums (2)							662,953			673,931			678,655			682,015			687,627			696,838			699,352				20,697			3.0	%		2,015,539			2,083,818			68,278			3.4	%
	Other ceded premiums (3)							(217,857	)		(244,318	)		(227,543	)		(236,149	)		(234,269	)		(264,475	)		(248,851	)			(21,308	)		-9.4	%		(689,719	)		(747,595	)		(57,876	)		-8.4	%
	Net premiums							445,096			429,613			451,112			445,866			453,359			432,363			450,501				(611	)		-0.1	%		1,325,821			1,336,223			10,402			0.8	%
	Other, net							12,745			12,221			12,189			10,967			11,275			11,243			11,066				(1,123	)		-9.2	%		37,155			33,584			(3,572	)		-9.6	%
	Revenues							457,842			441,834			463,301			456,832			464,634			443,606			461,567				(1,734	)		-0.4	%		1,362,976			1,369,806			6,830			0.5	%
	Benefits and expenses:
	Benefits and claims							171,243			148,725			168,319			163,257			167,252			144,174			161,658				(6,661	)		-4.0	%		488,287			473,083			(15,204	)		-3.1	%
	Future policy benefits remeasurement (gain)/loss							(3,402	)		(5,743	)		(23,392	)		(5,190	)		(7,564	)		(4,858	)		(9,491	)			13,901			59.4	%		(32,537	)		(21,913	)		10,624			32.7	%
	Amortization of DAC							76,921			78,386			79,876			81,227			82,666			83,567			85,031				5,155			6.5	%		235,184			251,265			16,081			6.8	%
	Insurance commissions							2,649			2,238			2,755			1,993			2,042			2,223			2,485				(270	)		-9.8	%		7,641			6,750			(891	)		-11.7	%
	Insurance expenses							63,645			63,216			63,058			68,966			65,378			70,020			69,191				6,133			9.7	%		189,919			204,589			14,671			7.7	%
	Benefits and expenses							311,056			286,821			290,616			310,254			309,774			295,126			308,875				18,258			6.3	%		888,494			913,775			25,281			2.8	%
	Income before income taxes						$	146,785		$	155,012		$	172,684		$	146,578		$	154,859		$	148,480		$	152,692			$	(19,993	)		-11.6	%	$	474,482		$	456,031		$	(18,451	)		-3.9	%
Total Term Life Insurance - Financial Analysis
	Post-IPO direct premiums (4)						$	538,072		$	547,938		$	551,915		$	554,372		$	559,529		$	567,669		$	570,459			$	18,544			3.4	%	$	1,637,925		$	1,697,657		$	59,732			3.6	%
	Pre-IPO direct premiums (5)							316,359			313,981			312,132			310,766			307,674			305,935			302,114				(10,018	)		-3.2	%		942,471			915,723			(26,749	)		-2.8	%
	Total direct premiums						$	854,430		$	861,919		$	864,047		$	865,138		$	867,202		$	873,604		$	872,573			$	8,526			1.0	%	$	2,580,396		$	2,613,380		$	32,983			1.3	%
	Premiums ceded to IPO coinsurers						$	191,477		$	187,988		$	185,392		$	183,123		$	179,575		$	176,766		$	173,221			$	(12,171	)		-6.6	%	$	564,857		$	529,562		$	(35,295	)		-6.2	%
	% of Pre-IPO direct premiums							60.5	%		59.9	%		59.4	%		58.9	%		58.4	%		57.8	%		57.3	%		nm			nm				59.9	%		57.8	%	nm			nm
	Benefits and claims, net (6)						$	385,698		$	387,300		$	372,471		$	394,217		$	393,956		$	403,791		$	401,019			$	28,548			7.7	%	$	1,145,469		$	1,198,765		$	53,297			4.7	%
	% of adjusted direct premiums							58.2	%		57.5	%		54.9	%		57.8	%		57.3	%		57.9	%		57.3	%		nm			nm				56.8	%		57.5	%	nm			nm
	DAC amortization & insurance commissions						$	79,570		$	80,624		$	82,631		$	83,220		$	84,709		$	85,790		$	87,517			$	4,886			5.9	%	$	242,825		$	258,015		$	15,190			6.3	%
	% of adjusted direct premiums							12.0	%		12.0	%		12.2	%		12.2	%		12.3	%		12.3	%		12.5	%		nm			nm				12.0	%		12.4	%	nm			nm
	Insurance expenses, net (7)						$	50,900		$	50,995		$	50,869		$	57,999		$	54,103		$	58,777		$	58,125			$	7,256			14.3	%	$	152,763		$	171,006		$	18,242			11.9	%
	% of adjusted direct premiums							7.7	%		7.6	%		7.5	%		8.5	%		7.9	%		8.4	%		8.3	%		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		$	152,692			$	(19,993	)		-11.6	%	$	474,482		$	456,031		$	(18,451	)		-3.9	%
	Term Life operating margin (8)							22.1	%		23.0	%		25.4	%		21.5	%		22.5	%		21.3	%		21.8	%		nm			nm				23.5	%		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 Q3												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			148,612				(3,980	)		-2.6	%		151,611			151,524			(87	)		-0.1	%
		New life-licensed representatives						12,339			12,903			12,482			10,998			10,569			11,020			10,722				(1,760	)		-14.1	%		37,724			32,311			(5,413	)		-14.3	%
		Non-renewal and terminated representatives						(11,783	)		(12,478	)		(12,874	)		(11,674	)		(12,361	)		(12,140	)		(12,276	)			598			4.6	%		(37,135	)		(36,777	)		358			1.0	%
	Life-insurance licensed sales force, end of period							152,167			152,592			152,200			151,524			149,732			148,612			147,058				(5,142	)		-3.4	%		152,200			147,058			(5,142	)		-3.4	%
	Estimated annualized issued term life premium ($mills) (1):
		Premium from new policies					$	74.4		$	78.5		$	69.8		$	67.1		$	64.9		$	70.3		$	66.1			$	(3.7	)		-5.4	%	$	222.7		$	201.3		$	(21.5	)		-9.6	%
		Additions and increases in premium						18.5			20.2			19.0			17.9			18.4			19.5			18.2				(0.7	)		-3.8	%		57.7			56.2			(1.5	)		-2.6	%
				Total estimated annualized issued term life premium			$	93.0		$	98.7		$	88.8		$	85.0		$	83.3		$	89.9		$	84.3			$	(4.5	)		-5.0	%	$	280.4		$	257.5		$	(22.9	)		-8.2	%
	Issued term life policies							86,415			89,850			79,379			76,143			74,054			78,904			73,813				(5,566	)		-7.0	%		255,644			226,771			(28,873	)		-11.3	%
	Estimated average annualized issued term life premium per policy (1)(2)						$	861		$	874		$	879		$	882		$	876		$	891		$	895			$	16			1.8	%	$	871		$	888		$	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		$	967,905			$	(407	)	nm			$	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			25,708				(1,358	)		-5.0	%		85,814			79,123			(6,691	)		-7.8	%
		Terminated term life face amount						(24,979	)		(24,795	)		(26,159	)		(27,170	)		(25,578	)		(23,645	)		(24,862	)			1,297			5.0	%		(75,934	)		(74,085	)		1,849			2.4	%
		Foreign currency impact, net						(77	)		5,834			(2,196	)		1,690			(2,041	)		(1,858	)		(79	)			2,117			96.4	%		3,561			(3,979	)		(7,539	)	nm
	Term life face amount in-force, end of period						$	956,981		$	968,312		$	967,024		$	967,612		$	965,671		$	967,905		$	968,672			$	1,648			0.2	%	$	967,024		$	968,672		$	1,648			0.2	%

(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 Q3												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		$	140,822			$	22,185			18.7	%	$	345,841		$	412,686		$	66,845			19.3	%
	Asset-based							152,014			154,735			172,286			181,407			187,366			197,598			209,261				36,974			21.5	%		479,036			594,226			115,190			24.0	%
	Account-based							24,195			24,394			24,420			24,347			23,619			24,118			24,514				93			0.4	%		73,008			72,251			(758	)		-1.0	%
	Other, net							3,333			3,236			3,445			3,275			3,305			3,293			3,429				(16	)		-0.5	%		10,013			10,026			13			0.1	%
	Revenues							290,812			298,297			318,789			340,335			350,645			360,519			378,025				59,236			18.6	%		907,898			1,089,189			181,291			20.0	%
	Benefits and expenses:
	Amortization of DAC							1,337			1,368			1,355			1,321			1,334			1,304			1,308				(47	)		-3.4	%		4,060			3,946			(114	)		-2.8	%
	Insurance commissions							3,277			3,468			3,485			3,526			3,457			3,450			3,477				(8	)		-0.2	%		10,229			10,384			155			1.5	%
	Sales commissions:
	Sales-based							77,267			82,935			82,867			89,561			95,168			95,816			98,767				15,900			19.2	%		243,069			289,751			46,682			19.2	%
	Asset-based							76,246			78,010			87,337			93,247			95,360			100,677			106,518				19,181			22.0	%		241,593			302,555			60,962			25.2	%
	Other operating expenses							51,414			53,096			49,522			52,071			54,427			55,056			53,902				4,379			8.8	%		154,032			163,384			9,352			6.1	%
	Benefits and expenses							209,541			218,877			224,565			239,726			249,745			256,303			263,972				39,406			17.5	%		652,983			770,020			117,037			17.9	%
	Income before income taxes						$	81,270		$	79,420		$	94,223		$	100,609		$	100,900		$	104,216		$	114,054			$	19,830			21.0	%	$	254,914		$	319,169		$	64,254			25.2	%
Financial Analysis
	Fees paid based on client asset values (1)						$	10,915		$	11,404		$	12,285		$	12,803		$	13,287		$	14,493		$	15,590			$	3,305			26.9	%	$	34,604		$	43,370		$	8,765			25.3	%
	Fees paid based on fee-generating positions (2)							12,410			11,015			10,341			10,543			11,121			10,553			10,361				20			0.2	%		33,766			32,035			(1,731	)		-5.1	%
	Other operating expenses							28,089			30,676			26,896			28,724			30,019			30,010			27,951				1,054			3.9	%		85,661			87,979			2,318			2.7	%
	Total other operating expenses						$	51,414		$	53,096		$	49,522		$	52,071		$	54,427		$	55,056		$	53,902			$	4,379			8.8	%	$	154,032		$	163,384		$	9,352			6.1	%
	Sales-based variable margin as % of revenue-generating sales (3)
	U.S.							1.37	%		1.29	%		1.38	%		1.49	%		1.38	%		1.32	%		1.38	%		nm			nm				1.34	%		1.36	%	nm			nm
	Canada							0.35	%		0.35	%		0.35	%		0.27	%		0.38	%		0.39	%		0.40	%		nm			nm				0.35	%		0.39	%	nm			nm
	Total							1.28	%		1.23	%		1.31	%		1.40	%		1.30	%		1.26	%		1.32	%		nm			nm				1.27	%		1.30	%	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	%		0.048	%		nm			nm				0.130	%		0.141	%	nm			nm
	Canada							0.113	%		0.109	%		0.115	%		0.110	%		0.114	%		0.116	%		0.118	%		nm			nm				0.336	%		0.348	%	nm			nm
	Total							0.053	%		0.053	%		0.055	%		0.055	%		0.057	%		0.057	%		0.059	%		nm			nm				0.162	%		0.173	%	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		$	4.10			nm			nm			$	11.79		$	11.76		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 Q3												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		$	1,399.0			$	100.6			7.7	%	$	3,860.3		$	4,341.6		$	481.3			12.5	%
		Canada Retail Mutual Funds						220.7			168.5			185.7			212.9			235.2			199.2			210.7				25.0			13.4	%		574.9			645.0			70.1			12.2	%
		Indexed Annuities						71.1			93.0			72.7			70.2			77.2			68.4			59.5				(13.2	)		-18.2	%		236.8			205.1			(31.7	)		-13.4	%
		Variable Annuities and other						1,038.9			1,178.7			1,180.6			1,375.3			1,383.6			1,387.8			1,518.2				337.5			28.6	%		3,398.1			4,289.5			891.4			26.2	%
				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			3,187.3				449.9			16.4	%		8,070.2			9,481.3			1,411.2			17.5	%
		Managed Accounts						596.7			634.1			717.2			822.5			821.5			903.6			909.5				192.3			26.8	%		1,948.0			2,634.6			686.7			35.3	%
		Canada Retail Mutual Funds - no upfront sales comm						296.4			218.6			244.7			261.6			313.8			282.0			261.4				16.7			6.8	%		759.7			857.2			97.4			12.8	%
		Segregated Funds						17.7			11.5			12.6			45.1			40.3			33.9			47.0				34.4		nm				41.8			121.1			79.4		nm
				Total product sales			$	3,559.3		$	3,548.4		$	3,711.9		$	4,110.6		$	4,331.8		$	4,357.3		$	4,405.2			$	693.3			18.7	%	$	10,819.6		$	13,094.3		$	2,274.6			21.0	%
		Total Canada Retail Mutual Funds					$	517.1		$	387.1		$	430.4		$	474.5		$	549.0		$	481.2		$	472.1			$	41.6			9.7	%	$	1,334.6		$	1,502.2		$	167.6			12.6	%
		Segregated Funds						17.7			11.5			12.6			45.1			40.3			33.9			47.0				34.4		nm				41.8			121.1			79.4		nm
			Total Canada product sales					534.8			398.6			443.0			519.5			589.2			515.1			519.1				76.1			17.2	%		1,376.4			1,623.3			246.9			17.9	%
			Total U.S. product sales					3,024.6			3,149.8			3,268.9			3,591.0			3,742.5			3,842.3			3,886.1				617.2			18.9	%		9,443.2			11,470.9			2,027.7			21.5	%
				Total product sales			$	3,559.3		$	3,548.4		$	3,711.9		$	4,110.6		$	4,331.8		$	4,357.3		$	4,405.2			$	693.3			18.7	%	$	10,819.6		$	13,094.3		$	2,274.6			21.0	%
	Client asset values, beginning of period ($mills)						$	112,081		$	109,908		$	120,224		$	126,793		$	128,891		$	126,762		$	140,042			$	19,817			16.5	%	$	112,081		$	128,891		$	16,810			15.0	%
		Inflows						3,559			3,548			3,712			4,111			4,332			4,357			4,405				693			18.7	%		10,820			13,094			2,275			21.0	%
		Outflows (1)						(3,017	)		(3,062	)		(3,349	)		(3,786	)		(3,970	)		(3,961	)		(3,998	)			(650	)		-19.4	%		(9,428	)		(11,929	)		(2,501	)		-26.5	%
				Net flows				542			487			363			325			362			397			407				44			12.0	%		1,392			1,165			(227	)		-16.3	%
		Foreign currency impact, net						(12	)		900			(357	)		290			(351	)		(318	)		(15	)			342			95.8	%		531			(685	)		(1,215	)	nm
		Change in market value, net and other (2)						(2,703	)		8,931			6,562			1,483			(2,140	)		13,201			(819	)			(7,381	)		-112.5	%		12,790			10,243			(2,547	)		-19.9	%
	Client asset values, end of period						$	109,908		$	120,224		$	126,793		$	128,891		$	126,762		$	140,042		$	139,614			$	12,821			10.1	%	$	126,793		$	139,614		$	12,821			10.1	%
		Annualized net flows as % of beginning of period asset values						1.9	%		1.8	%		1.2	%		1.0	%		1.1	%		1.3	%		1.2	%			0.0	%	nm				1.7	%		1.2	%		-0.5	%	nm
	Average client asset values ($mills)
		U.S. Retail Mutual Funds					$	54,649		$	54,324		$	58,410		$	60,288		$	60,243		$	62,298		$	63,837			$	5,427			9.3	%	$	55,794		$	62,126		$	6,332			11.3	%
		Canada Retail Mutual Funds						14,555			15,153			16,452			17,226			17,764			18,624			19,134				2,681			16.3	%		15,387			18,507			3,120			20.3	%
		Managed Accounts						11,537			12,167			13,759			15,070			16,190			17,760			19,206				5,446			39.6	%		12,488			17,718			5,231			41.9	%
		Indexed Annuities						3,003			3,033			3,061			3,081			3,093			3,121			3,130				69			2.2	%		3,033			3,115			82			2.7	%
		Variable Annuities and other						27,086			27,075			29,127			30,210			30,276			31,451			32,542				3,415			11.7	%		27,763			31,423			3,660			13.2	%
		Segregated Funds						2,189			2,223			2,307			2,301			2,310			2,297			2,304				(3	)		-0.1	%		2,239			2,303			64			2.9	%
				Total			$	113,018		$	113,975		$	123,117		$	128,175		$	129,875		$	135,550		$	140,152			$	17,035			13.8	%	$	116,703		$	135,192		$	18,489			15.8	%
		Canada Retail Mutual Funds					$	14,555		$	15,153		$	16,452		$	17,226		$	17,764		$	18,624		$	19,134			$	2,681			16.3	%	$	15,387		$	18,507		$	3,120			20.3	%
		Segregated Funds						2,189			2,223			2,307			2,301			2,310			2,297			2,304				(3	)		-0.1	%		2,239			2,303			64			2.9	%
			Total Canada average client assets					16,743			17,376			18,759			19,526			20,073			20,921			21,437				2,678			14.3	%		17,626			20,810			3,184			18.1	%
			Total U.S. average client assets					96,274			96,599			104,358			108,649			109,802			114,629			118,714				14,357			13.8	%		99,077			114,382			15,305			15.4	%
				Total average client assets			$	113,018		$	113,975		$	123,117		$	128,175		$	129,875		$	135,550		$	140,152			$	17,035			13.8	%	$	116,703		$	135,192		$	18,489			15.8	%
	Average number of fee-generating positions (thous) (3)
		Recordkeeping and custodial						2,419			2,437			2,448			2,459			2,467			2,483			2,497				48			2.0	%		2,435			2,482			48			2.0	%
		Recordkeeping only						885			893			902			912			924			938			952				50			5.6	%		893			938			45			5.0	%
				Total				3,304			3,330			3,350			3,372			3,391			3,421			3,449				98			2.9	%		3,328			3,420			92			2.8	%

(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 Q3												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		$	4,266			$	(338	)		-7.4	%	$	13,354		$	12,458		$	(895	)		-6.7	%
	Ceded premiums							(1,187	)		(1,102	)		(1,169	)		(1,571	)		(1,016	)		(1,039	)		(1,137	)			32			2.7	%		(3,458	)		(3,191	)		267			7.7	%
	Net premiums							3,227			3,233			3,435			2,321			3,028			3,110			3,129				(306	)		-8.9	%		9,895			9,267			(628	)		-6.3	%
	Adjusted net investment income							41,141			40,746			42,110			42,588			43,283			43,738			45,740				3,631			8.6	%		123,997			132,761			8,764			7.1	%
	Commissions and fees:
	Prepaid legal services							3,682			4,009			2,304			3,479			3,326			3,935			3,879				1,576			68.4	%		9,994			11,140			1,146			11.5	%
	Auto and homeowners insurance							1,966			2,440			2,941			2,245			1,988			2,339			3,235				294			10.0	%		7,347			7,562			215			2.9	%
	Mortgage loans							2,129			3,020			3,281			2,984			2,553			3,416			3,224				(58	)		-1.8	%		8,430			9,193			763			9.1	%
	Other sales commissions							1,701			1,502			1,620			1,618			1,535			1,695			1,783				163			10.1	%		4,823			5,013			190			3.9	%
	Other, net							1,057			938			1,098			1,106			1,307			1,018			1,241				143			13.0	%		3,093			3,566			473			15.3	%
	Adjusted operating revenues							54,902			55,887			56,789			56,341			57,019			59,250			62,232				5,442			9.6	%		167,579			178,501			10,922			6.5	%
Benefits and expenses:
	Benefits and claims							3,619			3,769			3,833			3,162			4,002			3,154			5,794				1,961			51.2	%		11,220			12,951			1,730			15.4	%
	Future policy benefits remeasurement (gain)/loss							128			(152	)		278			82			187			(180	)		(2,342	)			(2,620	)	nm				255			(2,335	)		(2,590	)	nm
	Amortization of DAC							291			288			267			265			260			256			252				(15	)		-5.7	%		847			768			(79	)		-9.3	%
	Insurance commissions							199			45			(741	)		101			119			106			108				848			114.6	%		(497	)		332			829		nm
	Insurance expenses							1,160			1,147			1,074			1,202			1,189			1,139			1,166				92			8.6	%		3,380			3,494			113			3.4	%
	Sales commissions							4,605			5,346			4,484			5,015			4,682			5,431			5,631				1,147			25.6	%		14,435			15,744			1,309			9.1	%
	Interest expense							6,004			6,000			5,985			5,968			5,861			5,833			5,750				(235	)		-3.9	%		17,990			17,443			(546	)		-3.0	%
	Other operating expenses							46,924			36,696			37,811			40,834			47,455			39,680			40,537				2,726			7.2	%		121,431			127,672			6,241			5.1	%
	Benefits and expenses							62,930			53,139			52,992			56,629			63,755			55,418			56,895				3,904			7.4	%		169,061			176,069			7,007			4.1	%
	Adjusted operating income before income taxes						$	(8,028	)	$	2,748		$	3,798		$	(288	)	$	(6,736	)	$	3,832		$	5,336			$	1,539			40.5	%	$	(1,482	)	$	2,433		$	3,915		nm

12 of 16

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

								As of or for the period ended September 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								$	782,723		$	782,723		$	-			19.0	%		17.8	%
Fixed Income:
	Treasury								13,451			14,095			(644	)		0.3	%		0.3	%		3.5	%	AA+
	Government								214,230			236,209			(21,979	)		5.2	%		5.4	%		3.4	%	AA-
	Tax-Exempt Municipal								41,389			47,126			(5,736	)		1.0	%		1.1	%		3.4	%	AA
	Public Corporate								1,764,500			1,896,929			(132,429	)		42.8	%		43.1	%		4.6	%	BBB+
	Mortgage-Backed								640,857			722,759			(81,902	)		15.5	%		16.4	%		4.3	%	AAA
	Asset-Backed								218,418			224,261			(5,843	)		5.3	%		5.1	%		4.6	%	AA
	CMBS								76,567			84,847			(8,280	)		1.9	%		1.9	%		3.7	%	A+
	Private Placements								341,518			363,705			(22,187	)		8.3	%		8.3	%		5.4	%	BBB+
	Redeemable Preferred								2,555			3,248			(693	)		0.1	%		0.1	%		5.0	%	BBB-
						Total Fixed Income			3,313,486			3,593,180			(279,694	)		80.3	%		81.6	%		4.5	%	A
Equities and Other:
	Perpetual Preferred								3,303			3,303			-			0.1	%		0.1	%
	Common Stock								21,347			21,347			-			0.5	%		0.5	%
	Mutual Fund								4,076			4,076			-			0.1	%		0.1	%
	Derivative								43			43			-			0.0	%		0.0	%
						Total Equities			28,770			28,770			-			0.7	%		0.7	%
						Total Invested Assets		$	4,124,978		$	4,404,673		$	(279,694	)		100.0	%		100.0	%
Public Corporate Portfolio by Sector
	Banking							$	104,536		$	106,172		$	(1,636	)		5.9	%		5.6	%
	Basic Industry								64,853			73,488			(8,636	)		3.7	%		3.9	%
	Brokerage								69,351			74,187			(4,836	)		3.9	%		3.9	%
	Capital Goods								129,705			137,419			(7,714	)		7.4	%		7.2	%
	Communications								71,268			76,597			(5,330	)		4.0	%		4.0	%
	Consumer Cyclical								140,416			149,148			(8,733	)		8.0	%		7.9	%
	Consumer Non Cyclical								177,938			197,342			(19,404	)		10.1	%		10.4	%
	Electric								132,135			144,266			(12,131	)		7.5	%		7.6	%
	Energy								255,585			271,415			(15,830	)		14.5	%		14.3	%
	Finance Companies								53,198			54,549			(1,351	)		3.0	%		2.9	%
	Financial Other								3,114			3,276			(162	)		0.2	%		0.2	%
	Industrial Other								6,037			6,685			(649	)		0.3	%		0.4	%
	Insurance								258,355			279,053			(20,698	)		14.6	%		14.7	%
	Natural Gas								21,808			23,243			(1,436	)		1.2	%		1.2	%
	Owned No Guarantee								2,037			2,325			(288	)		0.1	%		0.1	%
	Reits								117,000			127,563			(10,563	)		6.6	%		6.7	%
	Technology								102,520			112,027			(9,507	)		5.8	%		5.9	%
	Transportation								50,858			53,779			(2,921	)		2.9	%		2.8	%
	Utility Other								3,789			4,393			(604	)		0.2	%		0.2	%
						Total Public Corporate portfolio		$	1,764,500		$	1,896,929		$	(132,429	)		100.0	%		100.0	%
Fixed-Maturity Securities - Effective Maturity
Effective maturity
		< 1 Yr.
		1-2 Yrs.						$	443,233		$	445,900		$	(2,667	)		13.4	%		12.4	%		4.1	%
		2-5 Yrs.							191,797			195,429			(3,632	)		5.8	%		5.4	%		4.0	%
		5-10 Yrs.							811,880			865,648			(53,768	)		24.5	%		24.1	%		4.0	%
		> 10 Yrs.							1,014,922			1,122,966			(108,043	)		30.6	%		31.3	%		4.4	%
						Total Fixed Income			851,654			963,237			(111,583	)		25.7	%		26.8	%		5.4	%
								$	3,313,486		$	3,593,180		$	(279,694	)		100.0	%		100.0	%		4.5	%
Duration
Fixed Income portfolio duration									5.3		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 September 30, 2026 PRIMERICA, INC. Financial Supplement

(Dollars in thousands)
Investment Portfolio Quality Ratings (1)
								Amortized Cost			% of Total
Total Fixed Income portfolio:
	Rating
	AAA							$	683,297			19.0	%
	AA								486,622			13.5	%
	A								895,503			24.9	%
	BBB								1,483,051			41.3	%
	Below Investment Grade								43,285			1.2	%
	NA								1,420			0.0	%
						Total Fixed Income		$	3,593,180			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								84,911			4.5	%				AA								4,000			1.1	%
	A								557,046			29.4	%				A								114,349			31.4	%
	BBB								1,213,691			64.0	%				BBB								244,356			67.2	%
	Below Investment Grade								39,042			2.1	%				Below Investment Grade								1,000			0.3	%
	NA								201			0.0	%				NA								-			—
						Total Corporate		$	1,896,929			100.0	%									Total Private		$	363,705			100.0	%
CMBS asset class:																Mortgage-Backed asset class:
	Rating																Rating
	AAA							$	22,096			26.0	%				AAA							$	568,658			78.7	%
	AA								16,827			19.8	%				AA								153,965			21.3	%
	A								36,544			43.1	%				A								-			—
	BBB								6,190			7.3	%				BBB								-			—
	Below Investment Grade								3,191			3.8	%				Below Investment Grade								52			0.0	%
	NA								-			—					NA								84			0.0	%
						Total CMBS		$	84,847			100.0	%									Total Mortgage-Backed		$	722,759			100.0	%
Asset-Backed asset class:																Treasury & Government asset classes:
	Rating																Rating
	AAA							$	65,915			29.4	%				AAA							$	19,570			7.8	%
	AA								55,561			24.8	%				AA								139,682			55.8	%
	A								63,763			28.4	%				A								74,350			29.7	%
	BBB								-			—					BBB								15,566			6.2	%
	Below Investment Grade								-			—					Below Investment Grade								-			—
	NA								-			—					NA								1,136			0.5	%
						Total Asset-Backed		$	185,238			82.6	%									Total Treasury & Government		$	250,304			100.0	%
NAIC Designations
	1							$	1,744,967			57.5	%
	2								1,250,128			41.2	%
	3								35,431			1.2	%
	4								3,975			0.1	%
	5								-			—
	6								-			—
						U.S. Insurer Fixed Income (2)			3,034,500			100.0	%
	Other (3)								587,450
	Cash and cash equivalents								782,723
						Total Invested Assets		$	4,404,673

(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 Q3
(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		$	40,767			$	5,549		15.8%
	Fixed-maturity securities (held-to-maturity)							14,669			14,621			14,476			14,278			13,223			12,862			12,345				(2,131	)	-14.7%
	Equity Securities							314			315			318			321			323			329			330				12		3.8%
	Deposit asset underlying 10% reinsurance treaty							1,857			1,736			1,659			1,512			—			—			—				(1,659	)	-100.0%
	Deposit asset - Mark to Market							530			182			321			(466	)		—			—			—				(321	)	-100.0%
	Policy loans and other invested assets							1,032			482			611			617			673			201			718				107		17.5%
	Cash & cash equivalents							6,519			5,959			6,340			6,065			6,189			4,838			5,943				(397	)	-6.3%
					Total investment income			58,435			57,641			58,943			58,457			58,542			58,624			60,086				1,143		1.9%
	Investment expenses							2,095			2,092			2,036			2,057			2,036			2,024			2,001				(35	)	-1.7%
	Interest Expense on Surplus Note							14,669			14,621			14,476			14,278			13,223			12,862			12,345				(2,131	)	-14.7%
					Net investment income		$	41,671		$	40,928		$	42,431		$	42,122		$	43,283		$	43,738		$	45,740			$	3,309		7.8%
		Fixed income book yield, end of period						4.21	%		4.26	%		4.27	%		4.30	%		4.39	%		4.43	%		4.51	%
		New money yield						5.47	%		5.64	%		5.15	%		4.92	%		5.00	%		4.94	%		5.58	%
																													YOY Q3
							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	%		19.0	%			-0.3	%
	AA							13.6	%		14.0	%		14.6	%		14.9	%		14.0	%		13.6	%		13.5	%			-1.1	%
	A							24.5	%		23.8	%		24.0	%		23.8	%		25.1	%		24.8	%		24.9	%			0.9	%
	BBB							41.7	%		41.9	%		41.0	%		40.6	%		40.8	%		42.4	%		41.3	%			0.3	%
	Below Investment Grade							1.1	%		0.9	%		0.9	%		1.1	%		0.9	%		0.9	%		1.2	%			0.3	%
	NA							0.1	%		0.1	%		0.1	%		0.0	%		0.1	%		0.0	%		0.0	%			-0.0	%
						Total Fixed Income		100.0	%		100.0	%		100.0	%		100.0	%		100.0	%		100.0	%		100.0	%			—
						Average rating by amortized cost	A			A			A			A			A			A			A

							As of September 30, 2026										As of September 30, 2026											As of September 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	Province of Alberta Canada					$	13,957		$	15,010		AA-		Canada		$	87,767		$	95,558				AAA			$	—		$	—
	2	Province of Ontario Canada						13,162			13,768		A+		United Kingdom			32,027			33,306				AA				—			—
	3	T-Mobile US Inc						12,540			13,022		BBB+		Australia			26,050			28,143				A				11,170			12,456
	4	Devon Energy Corp						11,577			11,902		BBB+		Germany			18,265			19,193				BBB				14,404			15,116
	5	Jefferies Financial Group Inc						11,539			12,817		BBB		France			12,020			12,737				Below Investment Grade				—			—
	6	Enbridge Inc						11,506			12,341		BBB+		Italy			10,760			10,868				NA				—			—
	7	Manulife Financial Corp						11,424			12,218		A		Bermuda			10,658			10,976					Total		$	25,574		$	27,572
	8	Intact Financial Corp						10,910			11,306		A+		Cayman Islands			9,640			9,861
	9	KKR & Co Inc						10,835			11,609		A		Mexico			9,488			10,517
	10	Parker-Hannifin Corp						10,702			11,382		BBB+		Luxembourg			7,825			7,662				Non-Government Investments (1)
	11	MetLife Inc						10,557			10,601		A-		Ireland			7,276			7,471
	12	Aon PLC						10,399			10,946		A-		Norway			5,476			5,792				AAA			$	—		$	—
	13	Wells Fargo & Co						10,182			10,441		A-		Spain			4,559			4,914				AA				7,613			7,694
	14	Oracle Corp						10,031			11,903		BBB-		Panama			2,833			3,042				A				59,447			62,105
	15	Province of Quebec Canada						9,955			10,507		AA-		Aruba			2,640			2,767				BBB				179,970			192,037
	16	Enel SpA						9,886			9,969		BBB		Emerging Markets (2)			15,432			16,486				Below Investment Grade				1,871			2,123
	17	Alimentation Couche-Tard Inc						9,686			10,523		BBB+		All Other			11,759			12,240				NA				—			—
	18	ONEOK Inc/OK						9,671			10,458		BBB+			Total	$	274,476		$	291,531					Total		$	248,901		$	263,959
	19	Province of New Brunswick Canada						9,599			10,583		A+
	20	Simon Property Group Inc						9,513			10,929		A
	21	Sammons Enterprises Inc						9,450			10,392		BBB+
	22	PNC Financial Services Group Inc/The						9,329			10,043		A-
	23	CVS Health Corp						9,219			11,296		BBB
	24	Ontario Teachers' Cadillac Fairview Properties						9,164			10,234		A+
	25	Apollo Global Management Inc						9,130			9,983		A
						Total	$	263,923		$	284,182
						% of total fixed income portfolio		6.4	%		6.5	%

(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			90,818
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			148,612
	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			10,722
	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	)		(12,276	)
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			147,058
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			73,813
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		$	25,708
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		$	967,905
	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			25,708
	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	)		(24,862	)
	Foreign currency impact, net							862			(7,524	)		2,929			(9,387	)		5,251			(77	)		5,834			(2,196	)		1,690			(2,041	)		(1,858	)		(79	)
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		$	968,672
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		$	66.1
	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			18.2
		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		$	84.3
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		$	4,405.2
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		$	140,152
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		$	142.6

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