EQH-PC · Equitable Holdings, Inc.

This Voting and Support Agreement materially advances the proposed merger between Equitable and Corebridge by securing binding commitment from Nippon Life—the largest shareholder of Corebridge—as disclosed in the document. The agreement directly addresses a key execution risk: stockholder approval. By contractually obligating Nippon Life to vote its Covered Stock in favor of the Merger Agreement and to refrain from supporting competing proposals or transferring shares pre-approval, the arrangement significantly increases the likelihood that Corebridge stockholders will approve the transaction. The inclusion of robust regulatory cooperation covenants—specifically requiring timely CFIUS notice submission and ongoing transparency with regulators—reflects the cross-border, insurance-sector nature of the deal and signals proactive alignment among parties on complex approvals. Termination of the existing governance agreements and replacement with new ones upon closing indicates an intentional reset of post-merger shareholder rights and registration obligations, preserving continuity while updating terms to reflect the new corporate structure under HoldCo. For investors, this filing confirms meaningful progress past announcement into enforceable alignment among principal stakeholders, reducing uncertainty around both stockholder consent and regulatory path—but does not alter the underlying conditions precedent, including receipt of all required approvals and absence of material adverse changes, as emphasized in the forward-looking statement section.