Globe Life said on November 5, 2025 it entered into Amendment One to the Globe Life Inc. Supplemental Executive Retirement Plan (SERP), as disclosed in Item 5.02.

1. 01

   Globe Life said on November 5, 2025 it entered into Amendment One to the Globe Life Inc. Supplemental Executive Retirement Plan (SERP), as disclosed in Item 5.02.

2. 02

   The company said it revised the early retirement reduction factor for participants retiring before age 65 under the SERP, setting it at 50% for age 55, 90% for age 60, and 100% for age 65.

3. 03

   Globe Life said that if a participant in the Executive Severance Plan has employment terminated due to a Qualifying Termination during a Change of Control Protection Period, the participant will be deemed vested and eligible for Retirement Income under the SERP, notwithstanding other provisions of the SERP.

4. 04

   The company said that in such cases, the participant's retirement age for benefit calculation purposes will be deemed to be the greater of the participant's actual age or age 55, the Pension Plan benefit will be assumed to be vested and early retirement eligible, and the participant will receive no additional Credited.

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