American National Announces Full Redemption of Outstanding Depositary Shares Representing Interests in its 6.625% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B and Intent to Voluntarily Delist and Deregister

Core Viewpoint - American National Group Inc. will redeem all outstanding shares of its 6.625% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B, on October 6, 2025, affecting 12,000 shares and corresponding depositary shares [1][2]. Group 1: Redemption Details - The redemption price for the Depositary Shares will be $25.00 per share, plus any declared but unpaid dividends and a portion of the quarterly dividend for the current period [2]. - The redemption will be executed through The Depository Trust Company (DTC), with Computershare Inc. acting as the redemption agent [3]. - Upon redemption, all rights related to the Series B Preferred Stock and Depositary Shares will cease, except for the right to receive the redemption price [4]. Group 2: Delisting and Deregistration - Following the redemption, the Company plans to delist the Depositary Shares from the New York Stock Exchange (NYSE) and deregister them with the Securities and Exchange Commission (SEC) [5]. - The Company will file a notification of removal from listing and registration on Form 25 with the SEC, and intends to file a certification on Form 15 for termination of registration [5]. Group 3: Company Overview - American National Group Inc. provides a wide range of insurance products and services through its subsidiaries, operating across all 50 U.S. states [6].