About Delaware Life. Financial Strength Highlights as of March 31, Financial Strength Ratings as of March 31, 2017.

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1 About Delaware Life Our Roots Delaware Life, through its insurance subsidiaries, is a leading provider of annuity and life insurance products in the United States with approximately 330,000 in-force annuity and life insurance policies representing $37.9 billion in assets under management and $3.5 billion of invested assets. 2 The company was established in August 203 with the purchase by Delaware Life Holdings, LLC (Delaware Life) of domestic U.S. annuity and certain life insurance businesses of Sun Life Financial Inc. (Sun Life), whose record includes more than 40 years of experience in the annuity market. We draw upon the expertise gained from this foundation to make the sound financial decisions which safeguard the savings of our valued policyholders. As a privately held company, Delaware Life is able to pursue a long-term strategy free from the short-term distractions and pressures faced by many public companies. A substantial portion of our management team and staff are former Sun Life employees who currently provide critical experience and continuity in key areas across the organization. We are a well-capitalized, financially strong company focused on sustainable earning growth and committed to serving you as good financial stewards. We are dedicated to supporting our clients with valuable, straightforward solutions that help save for today and provide income for tomorrow. We partner with some of the world s leading investment managers to bring value and a diverse suite of fixed income choices to fit our clients individual, evolving goals. We believe our efforts to select good partners and monitor their ongoing performance have resulted in a platform that helps our policyholders pursue sound, long term performance. Our annuity products include Retirement Chapters 0 Fixed Index Annuity, Retirement Stages 7 Fixed Index Annuity, Assured Income 7 SM Fixed Index Annuity and Pinnacle MYGA SM Fixed Annuity. As of March 207, our product suite has generated sales in excess of $4.8B through a select group of distribution partners. We continue to explore and develop additional new products in the retirement and protection space based on ongoing analysis of emerging customer needs. Financial Strength Highlights as of March 3, 207 Approximately $37.9 billion of assets under management $3.5 billion of invested assets 660% RBC at 2/3/6 Financial Strength Ratings as of March 3, 207 Issuing Company A.M. Best Standard & Poor s Delaware Life Insurance Company A- (Excellent) 3 BBB+ (Stable) 4 Delaware Life Insurance Company of New York A- (Excellent) 3 BBB+ (Stable) 4 PGI 0009 FH_IMO Page of 2 DLPC /7 (EXP 06/8)

2 High Quality, Well Diversified Investment Account As of March 3, 207 Other 8.7% Mortgages 4.% Corporate Bonds (97% Investment Grade) 40.3% Cash & Short Term Securities 5.% Government/Agency Securities 3.6% Asset-backed Securities 8.2% Delaware Life DEL.SALE ( ) Delaware Life Insurance Company is authorized to transact business in all states except New York, as well as in the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Delaware Life Insurance Company of New York is authorized to transact business in New York and Rhode Island. Both companies are members of the Delaware Life group of companies. Each company is responsible for its own financial condition and contractual obligations. 2 As of 3/3/7. 3 A.M. Best A- (Excellent) is 4th out of 3 possible ratings. 4 Standard & Poor s BBB+ (Stable) is 8th out of 2 possible ratings. NOT FDIC/NCUA INSURED MAY LOSE VALUE NO BANK/CREDIT UNION GUARANTEE NOT A DEPOSIT NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY This communication is for informational purposes only. It is not intended to provide, and should not be interpreted as individualized investment, legal or tax advice. To obtain such advice, please consult with your investment, legal or tax professional. 207 Delaware Life Insurance Company. All rights reserved. PGI 0009 FH_IMO Page 2 of 2 DLPC /7 (EXP 06/8)

3 Pinnacle MYGA SM Single Premium Deferred Multi-Year Guaranteed Annuity Issued by Delaware Life Insurance Company Product Profile Features Guarantee Periods Details Maximum Issue Age 85 Premium Amount Free Withdrawal Amount 2 Systematic Withdrawals Death Benefit Surrender Charge Schedule A single-premium deferred fixed annuity with multiple guarantee periods that offers a simple way to build retirement assets without the principal risk typically associated with stocks, bonds or mutual funds. Highlights include: Guaranteed, fixed interest rates Protection of principal Taxed-deferred growth until you take withdrawals Lifetime income options This is a summary of annuity features that are described in more detail in the Pinnacle MYGA SM disclosure statement. Choice of 3-year, 5-year, 7-year or 0-year guarantee periods Minimum: $0,000 non-qualified $5,000 qualified Maximum: $,000,000 (unless provided with company approval) After the first contract year, up to 0% of the account value as of the end of the prior contract anniversary may be withdrawn without deduction of a market value adjustment (MVA) or withdrawal and surrender charge. May be taken annually, semi-annually, quarterly or monthly. The minimum systematic withdrawal amount is $00 and a minimum account value of $2,000 must be maintained. Full account value. Surrender charges and MVA are waived. Withdrawal and Surrender Charges by Guarantee Period Year Guaranteed Interest Rate Periods year 7% 6% 5% 5-year 7% 6% 5% 4% 3% 7-year 7% 6% 5% 4% 3% 2% % 0-year 7% 6% 5% 4% 3% 2% % % % 0.75% Applies to any owner, joint owner and/or annuitant. 2 Or required minimum distribution (RMD) if greater.

4 Features Market Value Adjustment (MVA) (State Variations may apply) Qualified Plan Eligibility Ownership Requirements Interest Rate Renewal Feature 3 Annuitization/Settlement Options Chargebacks Details Applies to surrenders or withdrawals in excess of free withdrawal amount. IRA, SEP-IRA (Rollover/Transfers) and Roth IRA Owner must also be annuitant, except when a non-natural entity, such as a trust, is owner. At the end of each guarantee period, owner has a 30-day window to select a new guarantee period, elect a settlement option, or withdraw their account value with no surrender charge or MVA. If no election is made, the policy will automatically renew with a new guarantee period as described in the contract, and in addition to new withdrawal and surrender charges, MVA will apply. Options include life annuity, life annuity with period certain, and joint and last survivor annuity. Cannot occur during the first contract year. 00% on death, surrender and withdrawals within the first contract year. 3 Not available for FL and DE contracts. Guarantees are backed by the financial strength and claims-paying ability of Delaware Life Insurance Company (Waltham, MA). Policies and contracts are issued by Delaware Life Insurance Company. For use with Delaware Life Insurance Company policy form ICC4-DLIC-MYGA-0A and state specific variations where applicable. Policy and rider form numbers may vary by state. Products, riders and features may vary by state, and may not be available in all states. This material may not be approved in all states. Ask your financial professional for more information. Delaware Life Insurance Company is authorized to transact business in all states except New York, as well as in the District of Columbia, Puerto Rico and the U.S. Virgin Islands, and is a member of the Delaware Life group of companies. This profile is a general description of the product. Please read your contract and disclosure statement for definitions and complete terms and conditions, as this is a summary of the annuity s features. This communication is for informational purposes only. It is not intended to provide, and should not be interpreted as individualized investment, legal or tax advice. To obtain such advice, please consult with your investment, legal or tax professional. Delaware Life Service Center: PO Box 75858, Topeka, KS Sales Support: 844.DEL.SALE ( ) Customer Service: Delaware Life Insurance Company PGI 0007 PAG NOT FDIC/NCUA INSURED MAY LOSE VALUE NO BANK/CREDIT UNION GUARANTEE NOT A DEPOSIT NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY DLPC /7 EXP 02/8

5 Sales Operations and General Agent Agreement Unless otherwise stated herein, this Compensation Schedule is Effective October 0, 206 >Throughout this form, the Company refers to the issuing company. Pinnacle MYGA Single Premium Deferred Annuity with MVA Interest Rate Period Issue Age Commission Rate 3yr % 8+.00% Interest Rate Period Issue Age Commission Rate 5yr % 8+.75% 7yr % 8+.75% Interest Rate Period Issue Age Commission Rate 0yr % 8+.75% Option 2 Trail B Commissions All % 2.80% 2.0%.40% 0.70% 0.50% % 2.0%.58%.05% 0.53% 0.50% %.40%.05% 0.70% 0.35% 0.50% Option 3 Trail C Commissions All % 0.80% 0.60% 0.40% 0.20%.00% Retirement Stages 7 Flexible Premium Deferred Annuity Option Up-Front Commissions Ages Up-Front % 4.00% 3.00% 2.00%.00% % 3.00% 2.25%.50% 0.75% % 2.00%.50%.00% 0.50% % 0.60% 0.45% 0.30% 0.5%.00% % 0.40% 0.30% 0.20% 0.0%.00% Option 4 Trail D Commissions (Required/Default Option with Return of Premium Rider Election) All % 2.40%.80%.20% 0.60% 0.50% %.80%.35% 0.90% 0.45% 0.50% %.20% 0.90% 0.60% 0.30% 0.50% Delaware Life policies and contracts are issued by Delaware Life Insurance Company (Waltham, MA) in all states except New York. In New York, contracts are issued by Delaware Life Insurance Company of New York (New York, NY). Variable contracts are distributed through Clarendon Insurance Agency, Inc. All three companies are members of the Delaware Life group of companies. Bank-BD

6 Sales Operations and General Agent Agreement Unless otherwise stated herein, this Compensation Schedule is Effective October 0, 206 >Throughout this form, the Company refers to the issuing company. Assured Income 7 Flexible Premium Deferred Annuity Option Up-Front Commissions Ages Up-Front % 4.00% 3.00% 2.00%.00% % 3.00% 2.25%.50% 0.75% % 2.00%.50%.00% 0.50% Option 2 Trail B Commissions All % 2.80% 2.0%.40% 0.70% 0.50% % 2.0%.58%.05% 0.53% 0.50% %.40%.05% 0.70% 0.35% 0.50% Option 3 Trail C Commissions All % 0.80% 0.60% 0.40% 0.20%.00% % 0.60% 0.45% 0.30% 0.5%.00% % 0.40% 0.30% 0.20% 0.0%.00% General Agent Agreement This Compensation Schedule is attached to and made part of the General Agent Agreement between General Agent and the Company. This schedule shall remain in effect subject to the terms of the General Agent Agreement, until such time as the Company notifies General Agent that a new schedule shall take effect. The compensation provided by this Compensation Schedule will be paid only so long as General Agent is general agent of record for a contract covered by this Compensation Schedule (a ). If an agent of the General Agent solicited the application, General Agent will be deemed to be recognized as the general agent of record for the unless and until the s owner designates someone else and the Company approves such designation. Compensation Chargebacks Pinnacle MYGA SM, In the event any is partially or totally surrendered within the first twelve (2) months of any guaranteed interest rate period, there will be a chargeback of 00% of the compensation attributable to the amount surrendered. In the event of death of any owner within the first twelve (2) months of any guaranteed interest rate period, there will be a chargeback of 00% of the compensation. Retirement Stages 7 SM, Assured Income 7 SM & Retirement Chapters 0 SM In the event any is partially or totally surrendered within the first twelve (2) months of the, there will be a chargeback of 00% of the compensation attributable to the amount surrendered. In the event of death of any owner within the first twelve (2) months of the, there will be a chargeback of 00% of the compensation. If the Return of Premium Rider has been elected on the, then a chargeback of 00% of the compensation attributable to the amount surrendered applies to a period of (24) months from contract issue. On additional premiums paid after the first twelve (2) months of the, there will be a chargeback of 00% of all premium based commissions paid within 2 months of surrender. *One fourth of the annual trail commission is multiplied by the account value on the last day of the contract quarter, net of premiums received within the last 5 months,and paid quarterly beginning at the end of the fifth contract quarter. Delaware Life policies and contracts are issued by Delaware Life Insurance Company (Waltham, MA) in all states except New York. In New York, contracts are issued by Delaware Life Insurance Company of New York (New York, NY). Variable contracts are distributed through Clarendon Insurance Agency, Inc. All three companies are members of the Delaware Life group of companies. Bank-BD

7 Sales Operations and General Agent Agreement Unless otherwise stated herein, this Compensation Schedule is Effective October 0, 206 >Throughout this form, the Company refers to the issuing company. Refund of Premiums or Purchase Payments Should any premium under any be refunded for any reason, Payee shall repay or return any commissions received with respect to such premium. Internal Replacements s issued by the Company as a result of an internal replacement originating from an existing will be subject to a reduced commission rate set by the Company. The concurrent termination of one and issue of another will be treated as a replacement and no commission will be paid in connection with the new. Similarly, any amount paid to a owner and subsequently returned for application to a newly issued will be treated as if it was transferred directly and no compensation will be paid in connection with the new. Miscellaneous No compensation will be paid on any premium that represents, in whole or in part, the surrender or loan proceeds of any life insurance policy, annuity contract, or premium fund deposit agreement issued by the Company or any affiliated company. A compensation reduction may apply for any (s) issued on the same client for which the total premium in aggregate exceeds $,000,000. If any chargeback amount exceeds compensation otherwise due, General Agent shall promptly pay back the amount of the excess following a written demand by the Company. The Company reserves the right to offset any indebtedness, including commission chargebacks, against any other compensation or payments otherwise due General Agent. This Compensation Schedule applies to all of s: () that are issued after the effective date stated on this page; and (b) for which General Agent is the general agent of record. This Compensation Schedule also applies to s for which another general agent is original general agent of record from the date when General Agent becomes general agent of record, provided that the premiums under such s have always been subject to the same compensation option that applies under this Compensation Schedule. If the General Agency Agreement to which this Compensation Schedule applies terminates, no further compensation of any kind will be made to General Agent. The Company reserves the rights to change or replace this Compensation Schedule by giving at least ten (0) days prior written notice via electronic mail or U.S. mail to General Agent. Any such change or replacement will apply to () s issued pursuant to applications signed and received by the Company in a form acceptable to the Company on or after the stated effective date of such change or replacement, and (2) all premiums received on or after the stated effective date Delaware Life policies and contracts are issued by Delaware Life Insurance Company (Waltham, MA) in all states except New York. In New York, contracts are issued by Delaware Life Insurance Company of New York (New York, NY). Variable contracts are distributed through Clarendon Insurance Agency, Inc. All three companies are members of the Delaware Life group of companies. Bank-BD