Fidelity National Financial and F&G Annuities & Life Announce Final Distribution Ratio for Planned Distribution of Approximately 12% Ownership of F&G to FNF Shareholders

Core Viewpoint - Fidelity National Financial, Inc. (FNF) has announced a special stock distribution of 16,280,204 shares of F&G Annuities & Life, Inc. (F&G) common stock to its shareholders, representing approximately 12% of F&G's outstanding shares [1]. Distribution Details - The distribution will occur on December 31, 2025, for FNF shareholders of record as of 4:30 p.m. ET on December 17, 2025 [2]. - FNF shareholders will receive six shares of F&G common stock for every 100 shares of FNF common stock held as of the Record Date, with no fractional shares distributed [3]. - Any fractional shares will be compensated with cash [3]. Tax Implications - The distribution will be structured as a taxable event, expected to be treated as a dividend for U.S. federal income tax purposes [4]. Shareholder Actions - No action is required from FNF shareholders to receive the distribution [5]. - Shareholders will receive account statements reflecting their ownership in F&G common stock, which will be issued in book-entry form [6]. Information Access - An information statement detailing the distribution will be provided to FNF shareholders, with additional information available on the respective investor websites [7].