Talcott Resolution Life and Annuity Insurance Company ("Talcott")

Talcott Resolution Becomes an Independent Company

Talcott Resolution (the “Company”), The Hartford’s run-off life and annuity businesses, announced the completion of the Company’s acquisition by an investor group led by Cornell Capital LLC, Atlas Merchant Capital LLC, TRB Advisors LP, Global Atlantic Financial Group, Pine Brook and J. Safra Group. Although Talcott Resolution is no longer affiliated with The Hartford Financial Services Group, Inc. or any of its subsidiaries, The Hartford retains a 9.7 percent ownership interest in Talcott Resolution.