Nationwide Defined Protection® Annuity Now Adds Three New Indices

Columbus, OH — Nationwide, one of the strongest, diversified, Fortune 100 insurance and financial services companies, and product development partner Annexus, the premier independent designer of indexed retirement solutions, announce the addition of three new indices to round out an already robust lineup offered by Nationwide Defined Protection^® Annuity (DPA) registered index-linked annuity (RILA).

With the addition of two exclusive new indices, BlackRock Select Factor Index and SG Macro Compass Index, plus the S&P 500^® Average Daily Risk Control 10% USD Price Return Index, Nationwide DPA’s index lineup now includes a total of seven complementary global and domestic indices, to better meet the goals and risk tolerances of conservative to moderate clients who are approaching or living in retirement.

Unique Combination: Expanded Index Lineup plus Floor Structure
DPA is uniquely positioned by offering this broad range of indices in combination with a floor structure that provides three defined protection levels which limit negative performance. This allows clients to select how much of their investment—90%, 95% or 100%—will be protected from market losses and helps determine their performance opportunities.

“For clients who are concerned about significant losses, but still need growth potential, Nationwide’s Defined Protection Annuity is uniquely designed to help capture and lock in earnings, with a defined level of protection to limit their losses, and the flexibility to reset new allocations for future growth potential—as well as to adjust as their risk tolerance changes over time,” said Eric Henderson, president, Nationwide Annuity at Nationwide Financial. “Expanding the DPA index lineup of complementary global and domestic indices, including two exclusive new indices, helps meet an even broader range of clients’ goals and risk tolerance, so they can balance the right level of protection they need with the greater growth potential they want.”

“Nationwide’s Defined Protection Annuity gives financial professionals a solution to help address clients’ complex challenges in this ongoing low interest rate environment, by offering an expanded lineup of seven indices combined with a floor structure, to provide a unique balance of performance potential and defined protection,” said Craig Hawley, Head of Nationwide’s Annuity Distribution. “Year over year, investors consistently say that protecting assets is a top financial concern, and more than half would feel more secure if a portion of their assets were invested in an annuity to protect assets against market risk, according to Nationwide’s sixth annual Advisor Authority study.”

Three New Indices: Rounding Out Robust Lineup
Exclusive to Nationwide is the dynamic BlackRock Select Factor Index from BlackRock, currently the world’s largest asset manager. The index seeks to deliver a diversified multi-asset exposure and targets five equity style factors each backed by academic research. The index dynamically adjusts factor holdings to emphasize attractive opportunities and targets a consistent level of volatility with a focus on stability during market extremes.

Also exclusive to Nationwide, the dynamic SG Macro Compass Index is from leading European financial services group Societe Generale. The global multi-asset index seeks to identify expected changes in economic growth and inflation to forecast the market environment and make strategic allocations based on the forecast.

The third new addition is the S&P 500^® Average Daily Risk Control 10% USD Price Return Index, a traditional index option that seeks to limit the volatility of the S&P 500^® to a target level of 10% by allocating to cash based upon an algorithm. From leading index provider Standard & Poor’s, the index helps to reduce exposure to dramatic fluctuations that can occur during unstable market conditions.

These three new indices round out an already robust lineup of index strategies that can offer upside potential and be tailored to fit a broad range of investment objectives. This includes traditional equity indices S&P 500^® Price Index and MSCI EAFE, as well as multi-asset indices NYSE^® Zebra Edge^® Index and J.P. Morgan Mozaic II℠ Index.

Financial professionals interested in the Nationwide Defined Protection Annuity should contact their Nationwide wholesaler or call the National Sales Desk at 800-321-6064. Individual investors interested in learning more about the benefits of defined protection, should contact their financial professional and visit www.definedprotection.com.

Nationwide Defined Protection is an individual single purchase payment deferred annuity with index-linked strategies issued by Nationwide Life Insurance Company, Columbus, Ohio. The general distributor is Nationwide Investment Services Corporation, member FINRA. Please note, the contract does not directly participate in any stock or equity investments. Withdrawals are subject to income tax, and withdrawals before age 59½ may be subject to a 10% early withdrawal federal tax penalty. The contract prospectus contains information about the contract’s features, risks, charges, and expenses. Prospectuses are available from Nationwide. Clients should read the prospectus carefully before investing.

When evaluating the purchase of an annuity, your clients should be aware that annuities have limitations. They are long-term vehicles designed for retirement purposes. They are not intended to replace emergency funds, to be used as income for day-to-day expenses or to fund short-term savings goals. Please read the contract for complete details. Withdrawals are subject to income tax, and withdrawals before age 59½ may be subject to a 10% early withdrawal federal tax penalty.

Guarantees and protections referenced within are subject to the claims-paying ability of Nationwide Life Insurance Company.

Nationwide Defined Protection Annuity does not directly participate in any stock or equity investments or index. It is not possible to invest directly in an index. Please consult the prospectus for more information on the available index options.

The BlackRock Select Factor Index (“Index”) is a product of BlackRock Index Services, LLC and has been licensed for use by Nationwide Life Insurance Company and Nationwide Life and Annuity Insurance Company (“Licensee”). BlackRock^®, BlackRock Select Factor Index and the corresponding logos are registered and unregistered trademarks of BlackRock. This Product is not sponsored, endorsed, sold or promoted by BlackRock Index Services, LLC, BlackRock, Inc., or any of its affiliates, or any of their respective third party licensors (including the Index calculation agent, as applicable) (collectively, “BlackRock”). BlackRock has no obligation or liability in connection with the administration or marketing of this Product. BlackRock makes no representation or warranty, express or implied, to the owners of this Product or any member of the public regarding the advisability of investing in this Product or the ability of the Index to track general market performance. BlackRock does not guarantee the adequacy, accuracy, timeliness, and/or completeness of the Index or any data or communication related thereto nor does it have any liability for any errors, omissions or interruptions of the Index.

The product referred to herein is not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such product or any index on which such product is based. The Contract contains a more detailed description of the limited relationship MSCI has with Nationwide and any related funds.

The SG Macro Compass Index (the “SG Index”) is the exclusive property of SG Americas Securities, LLC (together with its affiliates, “SG”). SG has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) (“S&P”) to maintain and calculate the SG Index. “SG Americas Securities, LLC”, “SGAS”, “Société Générale”, “SG”, “Société Générale Indices”, “SGI”, and “SG Macro Compass Index” (collectively, the “SG Marks”) are trademarks or service marks of SG. The SG Index has been licensed to Nationwide Life Insurance Company (the “Licensee”) for use in the Nationwide Defined Protection^® Annuity (the “Product”). SG’s sole contractual relationship with the Licensee is as licensor of the SG Index and the SG Marks. SG has no obligation to make payments under the Product. None of SG, S&P or other third-party licensor (collectively, the “SG Index Parties”) to SG is acting, or has been authorized to act, as agent of the Licensee or has sponsored, promoted, solicited, negotiated, endorsed, offered, sold, issued, supported, structured or priced any Product or provided investment advice to the Licensee. The SG Index Parties make no representation or warranty, express or implied, to investors in the Product and hereby disclaim all warranties (including, without limitation, those of merchantability or fitness for a particular purpose or use): (a) regarding the advisability of investing in any products linked to the SG Index or (b) the suitability or appropriateness of an exposure to the SG Index in seeking to achieve any particular objective, including meeting its stated target volatility. No SG Index Party shall have any responsibility or liability for any losses in connection with the Product, including with respect to design, issuance, administration, actions of the Licensee, marketing, trading or performance of the Product. SG has not prepared any part of this document and no statements made herein can be attributed to SG. SG does not act as an investment adviser or provide investment advice in respect of the SG Index or the Product and does not accept any fiduciary or other duties in relation to the SG Index, the Licensee, the Product or any investors in the Product. SG shall have no liability for any act or failure to act in connection with the determination, adjustment or maintenance of the SG Index. Without limiting the foregoing, SG shall have no liability for any damages or lost profits, even if notified of the possibility of such damages. In calculating the daily performance of the SG Index, SG deducts fixed transaction and replication costs that cover, among other things, rebalancing and replicating the SG Index. The total amount of these embedded costs is unpredictable and depends on numerous factors, including leverage of the SG Index, which may be as high as 200%, performance of indexes underlying the SG Index, market conditions and changes in the macro regimes, among other factors. The embedded costs, which are increased by the SG Index’s leverage, will reduce the performance of the SG Index. The volatility control applied by the SG Index may also reduce the overall return.

S&P 500 Average Daily Risk Control 10% USD Price Return Index (“S&P 500 Average Daily Risk Control USD Price Return Index”) is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by Nationwide. Standard & Poor’s^® and S&P^® are registered trademarks of Standard & Poor’s Financial Services (“S&P”); Dow Jones^® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Nationwide. The Product is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Average Daily Risk Control 10% USD Price Return Index.

The “S&P 500” is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by Nationwide Life Insurance Company (“Nationwide”). Standard & Poor’s^®, S&P^® and S&P 500^® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); DJIA^®, The Dow^®, Dow Jones^® and Dow Jones Industrial Average are trademarks of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Nationwide. the Product is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500.

The J.P. Morgan Mozaic II℠ Index (“Index”) has been licensed to Nationwide Life Insurance Company (the “Licensee”) for the Licensee’s benefit. Neither the Licensee nor Nationwide Defined Protection Annuity, (the “Product”) is sponsored, operated, endorsed, recommended, sold or promoted by J.P. Morgan Securities LLC (“JPMS”) or any of its affiliates (together and individually, “JPMorgan”). JPMorgan makes no representation and gives no warranty, express or implied, to contract owners taking exposure to the Product. Such persons should seek appropriate professional advice before making any investment. The Index has been designed and is compiled, calculated, maintained and sponsored by JPMS without regard to the Licensee, the Product or any contract owner. JPMorgan is under no obligation to continue compiling, calculating, maintaining or sponsoring the Index. JPMorgan may independently issue or sponsor other indices or products that are similar to and may compete with the

Index and the Product. JPMorgan may also transact in assets referenced in the Index (or in financial instruments such as derivatives that reference those assets). These activities could have a positive or negative effect on the value of the Index and the Product.

The NYSE^® Zebra Edge^® Index has been licensed by ICE Data Indices, LLC (together with its subsidiaries and affiliates, “ICE Data Indices”) to UBS AG and sub-licensed by UBS AG (together with its subsidiaries and affiliates, “UBS”) to Nationwide Life Insurance Company (“Nationwide”). Neither Nationwide nor the Product is sponsored, operated, endorsed, recommended, sold or promoted by Zebra Capital Management, LLC (together with its subsidiaries and affiliates, “Zebra”), ICE Data Indices or UBS and in no event shall Zebra, ICE Data Indices or UBS have any liability with respect to the Product or the Index. Zebra, ICE Data Indices and UBS make no representations, give no express or implied warranties and have no obligations with regard to the Index, the Product, the client or other third party.

The mark NYSE^® is a registered trademark of NYSE Group, Inc., Intercontinental Exchange, Inc. (“ICE”) or their affiliates and is being utilized by ICE Data Indices under license and agreement. The marks Zebra^® and Zebra Edge^® are registered trademarks of Zebra Capital Management, LLC, may not be used without prior authorization from Zebra Capital Management, LLC, and are being utilized by ICE Data Indices under license and agreement.

Neither Nationwide nor any of its associated subsidiaries are affiliated with Annexus.

Nationwide, the Nationwide N and Eagle, Nationwide is on your side, and Nationwide Defined Protection® are service marks of Nationwide Mutual Insurance Company.© 2021 Nationwide

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