UBS Market Pioneers Index

UBS Market Pioneers Disclosure: The UBS Market Pioneers Index (the Index) is a risk-controlled composite index developed by UBS AG based in part on the non-risk-controlled NYSE® Zebra EdgeTM US Equity Index (the NYSE Zebra Edge US Equity Index) and the non-risk-controlled Jim Rogers Global Consumer Commodities IndexTM (the Jim Rogers Index). The mark NYSE® is a registered trademark of NYSE Group, Inc. (together with its subsidiaries and affiliates, NYSE), Intercontinental Exchange, Inc. (ICE) or their affiliates and is being used by permission under license. The marks Zebra® and Zebra EdgeTM are trademarks of Zebra Capital Management, LLC (together with its subsidiaries and affiliates, Zebra) and are being used by permission under license. The mark UBS is a registered trademark of UBS AG (together with its subsidiaries and affiliates, UBS) and is being used with permission under license. The name UBS Market Pioneers Index is a trademark of UBS and is being used with permission under license. The names Jim Rogers, James Beeland Rogers, Jr., Rogers, and Jim Rogers Global Consumer Commodities Index are trademarks, service marks and/ or registered trademarks owned by Gladys Holdings, LLC or its affiliate Beeland Interests, Inc. (together with their subsidiaries and affiliates, Gladys), and are being used by permission under license. The personal names and likeness of Jim Rogers/James Beeland Rogers, Jr. are owned and licensed by James Beeland Rogers, Jr. ICE / NYSE Group, Inc. owns all intellectual and other property rights to the NYSE Zebra Edge US Equity Index, excluding the concept, methodology, formulas and algorithms for such index. Zebra Capital Management, LLC owns all intellectual and other property rights to the concept, methodology, formulas and algorithms for the NYSE Zebra Edge US Equity Index, which are being used by NYSE Group, Inc. under license from Zebra Capital Management, LLC. The NYSE Zebra Edge US Equity Index has been licensed by NYSE Group, Inc. to UBS for use in the Index. UBS owns or otherwise has the rights to license all intellectual property and other property rights to the UBS Market Pioneers Index, which is being used by Security Benefit Life Insurance Company (SBL) under license from UBS. Gladys owns or otherwise has the rights to license all intellectual property and other property rights to the Jim Rogers Index, which has been licensed by Gladys to UBS for use in the Index. The Index and other information disseminated concerning the Index are for informational purposes only, are provided on an “as is” basis, and are not intended for trading purposes. Neither SBL nor Select Benefit Annuity (the Product) is sponsored, operated, endorsed, recommended, sold or promoted by Zebra, NYSE, UBS, Gladys or Solactive AG, the calculation agent for the Index (Solactive). None of Zebra, NYSE, UBS, Gladys or Solactive makes any representation or gives any warranty, express or implied, regarding the advisability or possible benefits of purchasing the Product or any other financial product. Clients should undertake their own due diligence and seek appropriate professional advice before purchasing any financial product, including the Product. None of Zebra, NYSE, UBS, Gladys or Solactive or their respective licensors makes any warranty, express or implied, as to, without limitation, (i) the correctness, accuracy, reliability or other characteristics of the Index, (ii) the results to be obtained by any person or entity from the use of the Index or the Index trademark for any purpose, or (iii) relating to the use of the Index and other information covered by the Product, including, but not limited to, express or implied warranties of merchantability, fitness for a particular purpose or use, title or non-infringement. None of Zebra, NYSE, UBS or Solactive warrants that the Index will be uninterrupted and they are not under any obligation to continue compiling, calculating, maintaining or sponsoring the Index. The Index (including the concept, methodology, formulas and algorithms therefor) has been designed and is compiled, calculated, maintained and sponsored without regard to any financial products that reference the Index (including the Product), any licensee, sub-licensor or sub-licensee of the Index, any client or any other person. Zebra, NYSE, UBS and Gladys may independently issue and/or sponsor other indices and products that are similar to and/or may compete with the Index and the Product. Zebra, NYSE, UBS and Gladys may also transact in assets referenced in the Index (or in financial instruments such as derivatives that reference those assets), including those which could have a positive or negative effect on the value of the Index and the Product. An annual index cost is deducted from the Index on a daily basis when calculating the Index value. The annual index cost, which funds certain operational and licensing costs for the Index, reduces the Index value, which will affect the return of the Index and impact the potential interest credited to the Product. The annual index cost is not a fee paid by the client or received by SBL. None of Zebra, NYSE, UBS, Gladys or Solactive shall bear any responsibility or liability, whether for negligence or otherwise, with respect to (i) any inaccuracies, omissions, mistakes or errors in the concept, methodology, formulas or algorithms for, or computation of, the Index (and shall not be obligated to advise any person of and/or to correct any such inaccuracies, omissions, mistakes or errors), (ii) the use of and/or reference to the Index by Zebra, NYSE, UBS, Gladys or any other person in connection with any financial product or otherwise, or (iii) any economic or other loss which may be directly or indirectly sustained by any client or other person dealing with any such financial product or otherwise. Any client or other person dealing with such financial products does so, therefore, in full knowledge of this disclaimer and can place no reliance whatsoever on Zebra, NYSE, UBS or Gladys nor bring claims, actions or legal proceedings in any manner whatsoever against any of them.

Please also refer to the product literature for the Security Benefit Life Insurance Company annuity in which an index account based on the index is offered.

IM-50006-97 | 2024-11-04