New York Life Premium Plus II Variable Annuity Performance Summary As of August 31, 2021

To obtain a copy of the product and funds prospectuses, please contact your NYLIFE Securities LLC Registered Representative or call 1-800-598-2019. Investors are asked to consider the investment objectives, risks, charges and expenses of the investment carefully before investing. Both the product prospectus and the underlying fund prospectuses contain this and other information about the product and underlying investment options. Please read the prospectuses carefully before investing. 1 The performance shown is for the indicated classes/shares only. These classes/shares impose a 12b-1 (except MainStay VP U.S. Government Money Market, MainStay VP Small Cap Growth – Initial Class, MainStay VP Janus Balanced – Initial Class and MainStay VP Natural Resources – Initial Class). Performance for these classes/shares is lower than the returns for those classes/shares that do not impose a 12b-1 fee. Contact your NYLIFE Securities LLC Registered Representative or call 1-800- 598-2019 for more information. Investment Division Inception Date is the date in which the Investment Division is first offered in the product. Portfolio Inception Date is the date that the Portfolio in which the Investment Division invests was first offered. 2 Assumes no deduction for contingent deferred sales charge. 3 Volatility/Risk Levels are assigned by New York Life. The Investment Divisions are grouped by risk classifications that reflect performance volatility based on Morningstar classifications as of December 31, 2020. Morningstar is a widely used independent research firm, which ranks mutual funds and other investment companies by overall performance, investment objectives and assets. Policy owners need to keep in mind, as applicable, that equity investments have been volatile historically. Investment options concentrated in bonds fluctuate in value in response to changes in interest rates. High-yield securities are generally considered speculative because they present a greater risk of loss than higher-quality debt securities and may be subject to greater price volatility. Non-US securities are subject to currency fluctuation risks and the risks of political and economic instability in the country of issuance. Investment options which are concentrated in economic sectors may be more volatile than more broadly diversified portfolios. While there is no standard definition, generally “alternative” funds include nontraditional asset classes or strategies and/or illiquid assets. Alternative investments are speculative, can carry substantial risk, and may not be appropriate for all investors. For those investors who are able to bear greater risk in return for the opportunity they provide, alternative investments may be appropriate. 4 The New York Life Premium Plus II Variable Annuity was first offered for sale on June 2, 2003. Certain Portfolios existed prior to that date. The performance for MainStay VP Series Fund, Inc. portfolios are based on the Initial Class Portfolio Inception Date (where applicable). The performance for all other investment divisions is based on the Portfolio Inception Date reflected in this performance summary. All performance has been modified to reflect Separate Account and Fund annual expenses as if the policy had been available during the periods shown. The New York Life Premium Plus II Variable Annuity invests in New York Life Insurance and Annuity Corporation (NYLIAC) Variable Annuity Separate Account III. 5 The S&P 500 Index is an unmanaged index and is widely regarded as the standard for measuring Large-Cap U.S. stock market performance. "S&P 500" is a trademark of the McGraw-Hill Companies, Inc. and has been licensed for use by the MainStay VP MacKay S&P 500 Index Portfolio. The MainStay VP MacKay S&P 500 Index Portfolio is not sponsored, endorsed, sold or promot ed by Standard & Poor's and Standard and Poor's makes no representation regarding the advisability of investing in the MainStay VP MacKay S&P 500 Index Portfolio. Investors cannot invest directly in an Index. 6 New allocations to the MainStay VP Small Cap Growth – Initial Class Investment Division will not be accepted from Policyowners who were not invested in the MainStay VP Small Cap Growth – Initial Class on February 17, 2012. For existing Policyowners, if you remove all of your Accumulation Value from the MainStay VP Small Cap Growth – Initial Class Investment Division on or after February 17, 2012, you will not be able to reinvest in this Investment Divisions. 7 New allocations to the MainStay VP Janus Henderson Balanced – Initial Class Investment Division will not be accepted from Policy owners who were not invested in the MainStay VP Janus Henderson Balanced – Initial Class on February 17, 2012. For existing Policyowners, if you remove all of your Accumulation Value from the MainStay VP Janus Henderson Balanced – Initial Class Investment Division on or after February 17, 2012, you will not be able to reinvest in this Investment Divisions. The MainStay VP Janus Henderson Balanced – Service Class imposes a 12b-1 fee. 8 An Investment in the MainStay VP U.S. Government Money Market Portfolio is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency and there can be no assurance that the Portfolio will be able to maintain a stable net asset value. Although the Portfolio seeks to preserve the value of your inves tment at $1.00 per share, it is possible to lose money by investing in the Portfolio. The current yield more closely reflects the Portfolio's earnings than the total return figures shown. The fund's sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial suppor t to the fund at any time. 9 New allocations to the MainStay VP Wellington Growth, MainStay VP Candriam Emerging Markets Equity and MainStay VP T. Rowe Price Equity Income Investment Divisions will not be accepted from Policyowners who were not invested in the Investment Divisions on November 13, 2017. For existing Policyowners, if you remove all of your Accumulation Value from these Investment Divisions on or after November 13, 2017, you will not be able to reinvest in these Investment Divisions. The Service Class versions of these Investment Divisions impose a 12b -1 fee. 10 New allocations to the Columbia Variable Portfolio - Commodity Strategy Investment Division will not be accepted from Policyowners who were not invested in the Investment Division on November 23, 2 020. For existing Policyowners, if you remove all of your Accumulation Value from this Investment Division on or after November 23, 2020, you will not be able to reinvest in t his Investment Division. Performance information less than 1 year has not been annualized. Historically, certain fees have been assumed or reduced by some of the portfolios. Had these expenses not been assumed or reduced, the total return for these Investment Divisions would have been lower. New York Life Premium Plus II Variable Annuity is a flexible premium deferred variable annuity issued by NYLIAC. Under this policy, we will apply a Credit to premiums paid in a percentage amount according to the credit rate schedule then in effect. Policies with a premium Credit may have higher fees and expenses, and may have longer surrender charge periods than policies that do not provide the Credit feature. There may be circumstances in which the purchase of a New York Life Premium Plus II Variable Annuity is less advantageous than the purchase of another New York Life variable annuity which may have lower fees but no credit. This may be the case, for example, if you intended to make fewer and smaller payments into the contract, or if you anticipate retaining the contract for a significant time beyond the surrender charge period. Sales of the New York Life Premium Plus II Variable Annuity were discontinued. Current policyowners may continue to make premium payments, subject to their contract provisions. Existing policies will continue to be serviced. New York Life Variable Annuities are long-term retirement products issued by New York Life Insurance and Annuity Corporation ("NYLIAC "), a Delaware Corporation, and offered by NYLIFE Securities LLC, (member FINRA/SIPC) a Licensed Insurance Agency. Both NYLIAC and NYLIFE Securities LLC are wholly-owned subsidiaries of New York Life Insurance Company, 51 Madison Avenue, New York, New York 10010. There are fees, guidelines, risks, restrictions and limitations to consider when purchasing variable annuities. For costs and complete details, contact a financial professional. SMRU 1543436

Page 1 of 5 New York Life Premium Plus II Variable Annuity Performance Summary Average Annual Total Return as of August 31, 2021 (Updated Monthly)

Non-Standardized (Assuming No Surrender)2 Standardized (Assuming Surrender) Investment Year to Since Since Portfolio Division Month to Date* Investment Investment Volatility/ Inception Inception Date* (Updated 1 3 5 10 Division 1 3 5 10 Division 1 1 4 4 4 4 4 4 4 4 Investment Divisions Risk Level3 Date Date Monthly) Year Year Year Year Inception Year Year Year Year Inception Investment Grade Bond MainStay VP U.S. Government Money Market – Current 7-day yield is 0.01%8 Low 01/29/1993 05/01/2015 -0.15% -1.15% -1.72% -0.89% -0.98% -1.35% -0.68% -9.58% -3.61% -2.20% -1.35% -0.68% PIMCO VIT Low Duration Portfolio - Advisor Class Low 03/31/2006 05/02/2016 -0.21% -1.31% -1.59% 0.63% -0.10% -0.23% -0.13% -9.46% -2.08% -1.33% -0.23% -1.09% MainStay VP Bond – Service Class Moderate 06/02/2003 05/01/2015 -0.43% -1.57% -1.07% 3.54% 1.17% 1.28% 2.05% -8.99% 0.99% 0.00% 1.28% 2.05% Fidelity® VIP Bond Index – Service Class 2 Moderate 04/19/2018 11/23/2020 -0.33% -2.21% N/A N/A N/A N/A -2.35% N/A N/A N/A N/A -10.16% MainStay VP MacKay Government – Service Class Moderate 06/02/2003 05/01/2015 -0.47% -1.79% -2.32% 1.55% -0.13% 0.05% 1.05% -10.14% -1.11% -1.36% 0.05% 1.05% MainStay VP PIMCO Real Return – Service Class Moderate 02/17/2012 05/01/2015 -0.37% 2.66% 3.62% 5.23% 2.64% 1.01% 0.71% -4.38% 2.76% 1.54% 1.01% 0.71% PIMCO VIT Income Portfolio - Advisor Class Moderate 04/29/2016 05/01/2020 0.25% 0.78% 4.17% 3.98% 3.50% N/A 8.73% -3.83% 1.46% 2.44% N/A 2.85% PIMCO VIT International Bond Portfolio (U.S. Dollar-Hedged) - Advisor Class Moderate 05/01/2014 05/01/2015 -0.36% -1.78% 0.41% 2.20% 1.33% 2.93% 2.30% -7.59% -0.42% 0.17% 2.93% 1.94% PIMCO VIT Total Return Portfolio - Advisor Class Moderate 02/28/2006 05/01/2015 -0.30% -1.59% -1.06% 3.72% 1.75% 1.64% 1.66% -8.97% 1.18% 0.61% 1.64% 1.29% Non-Investment Grade Bond BlackRock® High Yield V.I. Fund – Class III Shares Moderate 02/15/2012 05/01/2015 0.31% 3.20% 7.64% 5.12% 4.65% 4.89% 3.25% -0.36% 2.65% 3.63% 4.89% 2.91% Columbia Variable Portfolio — Emerging Markets Bond Fund — Class 2 Moderate 04/30/2012 05/01/2015 0.67% -0.95% 3.65% 4.27% 1.97% N/A 2.59% -4.35% 1.76% 0.84% N/A 2.04% MainStay VP Floating Rate – Service Class Moderate 05/01/2005 05/01/2015 0.27% 1.34% 4.59% 1.40% 1.92% 2.20% 1.79% -3.41% -1.26% 0.78% 2.20% 1.79% MainStay VP MacKay Convertible – Service Class Moderate 06/02/2003 05/01/2015 1.71% 5.56% 21.51% 14.20% 12.90% 10.02% 7.52% 13.51% 12.12% 12.15% 10.02% 7.52% MainStay VP MacKay High Yield Corporate Bond – Service Class Moderate 06/02/2003 05/01/2015 0.35% 3.50% 7.29% 4.45% 4.10% 4.62% 5.29% -0.71% 1.94% 3.05% 4.62% 5.29% MainStay VP MacKay Strategic Bond – Service Class Moderate 05/01/2011 05/01/2015 -0.12% 0.69% 3.19% 2.44% 1.77% 2.43% 1.95% -4.81% -0.17% 0.63% 2.43% 1.95% Alternatives DWS Alternative Asset Allocation VIP - Class B Moderate 05/18/2009 05/02/2016 0.93% 9.87% 17.57% 6.15% 3.30% 1.66% 3.46% 9.57% 3.73% 2.22% 1.66% 2.63% MainStay VP IQ Hedge Multi-Strategy - Service Class Moderate 05/01/2013 05/01/2015 0.17% -0.43% 2.87% 2.31% -0.29% N/A -2.31% -5.13% -0.31% -1.52% N/A -2.31% Asset Allocation American Funds IS Asset Allocation Fund - Class 4 Moderate 12/14/2012 05/01/2018 1.50% 11.18% 18.85% 9.89% 9.49% 9.16% 10.11% 10.85% 7.63% 8.64% 9.16% 8.40% BlackRock® Global Allocation V.I. Fund – Class III Shares Moderate 11/18/2003 05/01/2015 0.79% 6.14% 16.12% 10.07% 8.09% 5.51% 4.59% 8.12% 7.82% 7.20% 5.51% 4.59% Fidelity® VIP FundsManager® 60% — Service Class Moderate 08/22/2007 05/01/2019 1.49% 9.65% 17.53% 9.64% 8.92% 7.38% 13.07% 9.53% 7.38% 8.05% 7.38% 10.11% MainStay VP Balanced – Service Class Moderate 05/01/2005 05/01/2015 0.99% 12.60% 22.04% 6.81% 6.37% 7.19% 5.06% 14.04% 4.42% 5.41% 7.19% 5.06% MainStay VP Conservative Allocation – Service Class Moderate 02/13/2006 05/01/2015 0.65% 5.16% 9.19% 5.66% 4.97% 4.82% 4.07% 1.19% 3.21% 3.96% 4.82% 4.07% MainStay VP Income Builder – Service Class Moderate 06/02/2003 05/01/2015 0.90% 7.93% 14.64% 7.68% 6.17% 6.95% 5.07% 6.64% 5.33% 5.21% 6.95% 5.07% MainStay VP Janus Henderson Balanced – Initial Class7 Moderate 02/17/2012 02/17/2012 1.46% 11.90% 16.90% 11.93% 12.17% N/A 9.24% 8.90% 9.76% 11.40% N/A 9.24% MainStay VP Janus Henderson Balanced – Service Class Moderate 02/17/2012 05/01/2015 1.44% 11.71% 16.61% 11.65% 11.89% 9.40% 8.97% 8.61% 9.47% 11.12% 9.40% 8.97% MainStay VP Moderate Allocation–Service Class Moderate 02/13/2006 05/01/2015 1.13% 8.66% 14.69% 7.19% 7.01% 6.48% 4.78% 6.69% 4.81% 6.08% 6.48% 4.78% Franklin Templeton Conservative Model Portfolio - Class II Moderate 05/01/2020 05/01/2020 0.29% 3.11% 5.44% N/A N/A N/A 9.11% -2.56% N/A N/A N/A 3.23% Franklin Templeton Moderate Model Portfolio - Class II Moderate 05/01/2020 05/01/2020 1.33% 8.68% 14.41% N/A N/A N/A 19.89% 6.41% N/A N/A N/A 14.20% Franklin Templeton Moderately Aggressive Model Portfolio - Class II Moderate 05/01/2020 05/01/2020 1.53% 10.79% 18.33% N/A N/A N/A 25.93% 10.33% N/A N/A N/A 20.34% Franklin Templeton Moderately Conservative Model Portfolio - Class II Moderate 05/01/2020 05/01/2020 0.91% 6.09% 10.63% N/A N/A N/A 15.36% 2.63% N/A N/A N/A 9.60% Franklin Templeton Aggressive Model Portfolio - Class II High 05/01/2020 05/01/2020 2.23% 14.71% 24.64% N/A N/A N/A 33.65% 16.64% N/A N/A N/A 28.17% MainStay VP Equity Allocation – Service Class High 02/13/2006 05/01/2015 2.16% 16.26% 29.26% 10.27% 10.98% 9.43% 5.70% 21.26% 8.03% 10.18% 9.43% 5.70% MainStay VP Growth Allocation–Service Class High 02/13/2006 05/01/2015 1.61% 12.51% 22.66% 8.49% 8.98% 8.09% 5.44% 14.66% 6.18% 8.12% 8.09% 5.44% Large Cap Equity American Funds IS Washington Mutual Investors Fund - Class 4 High 12/14/2012 11/13/2017 1.81% 17.21% 27.50% 9.00% 9.80% 11.16% 9.43% 19.50% 6.71% 8.96% 11.16% 7.97% American Funds IS Growth Fund - Class 4 High 12/14/2012 11/13/2017 3.25% 16.13% 31.57% 23.81% 22.90% 16.67% 23.27% 23.57% 22.04% 22.37% 16.67% 22.24% ClearBridge Variable Appreciation Portfolio — Class II High 02/28/2015 05/01/2017 2.01% 17.00% 24.54% 14.51% 14.05% 12.81% 14.25% 16.54% 12.44% 13.33% 12.81% 13.35% Fidelity® VIP Contrafund® – Service Class 2 High 01/12/2000 05/01/2015 4.46% 21.14% 24.07% 18.81% 17.41% 13.94% 10.04% 16.07% 16.89% 16.77% 13.94% 10.04% Fidelity® VIP Equity-Income – Service Class 2 High 01/12/2000 05/01/2015 2.47% 18.88% 32.77% 10.91% 10.30% 10.24% 6.52% 24.77% 8.70% 9.48% 10.24% 6.52% Fidelity® VIP Growth Opportunities – Service Class 2 High 01/12/2000 05/01/2015 3.91% 16.20% 32.04% 32.81% 30.86% 21.21% 22.41% 24.04% 31.28% 30.44% 21.21% 22.30% MainStay VP Epoch U.S. Equity Yield – Service Class High 06/02/2003 05/01/2015 2.06% 16.21% 26.11% 8.38% 8.75% 8.80% 6.29% 18.11% 6.06% 7.88% 8.80% 6.29% MainStay VP Wellington U.S. Equity – Service Class High 06/02/2003 05/01/2015 2.58% 20.59% 28.22% 12.71% 14.08% 13.33% 8.29% 20.22% 10.57% 13.36% 13.33% 8.29% MainStay VP Wellington Growth – Service Class9 High 06/02/2003 05/01/2015 3.38% 19.64% 25.44% 17.03% 19.02% 13.28% 7.79% 17.44% 15.05% 18.41% 13.28% 7.79% MainStay VP MacKay S&P 500 Index – Service Class5 High 06/02/2003 05/01/2015 2.85% 19.86% 28.39% 15.57% 15.47% 13.77% 8.46% 20.39% 13.54% 14.79% 13.77% 8.46% MainStay VP Winslow Large Cap Growth – Service Class High 06/02/2003 05/01/2015 3.37% 20.63% 24.71% 21.61% 21.99% 16.06% 9.87% 16.71% 19.78% 21.44% 16.06% 9.87% MainStay VP T. Rowe Price Equity Income – Service Class9 High 02/17/2012 05/01/2015 2.15% 18.76% 37.20% 8.07% 9.49% 9.63% 8.83% 29.20% 5.74% 8.65% 9.63% 8.83% MFS® Investors Trust Series – Service Class High 05/01/2000 05/01/2015 2.00% 21.32% 30.43% 15.06% 14.71% 12.89% 8.32% 22.43% 13.01% 14.01% 12.89% 8.32% MFS® Research Series – Service Class High 05/01/2000 05/01/2015 2.49% 19.44% 26.91% 15.17% 15.06% 13.26% 9.10% 18.91% 13.12% 14.37% 13.26% 9.10% Small/Mid Cap Equity Fidelity® VIP Mid Cap – Service Class 2 High 01/12/2000 05/01/2015 3.30% 17.92% 40.44% 9.49% 11.30% 9.88% 9.39% 32.44% 7.22% 10.50% 9.88% 9.39% Janus Henderson VIT Enterprise Portfolio – Service Shares High 12/31/1999 11/13/2017 0.93% 12.29% 30.29% 14.29% 16.30% 14.88% 15.65% 22.29% 12.21% 15.64% 14.88% 14.41% MainStay VP Wellington Mid Cap – Service Class High 06/02/2003 05/01/2015 0.96% 16.18% 33.96% 7.44% 9.72% 11.09% 8.71% 25.96% 5.08% 8.88% 11.09% 8.71% MFS® Mid Cap Value Portfolio - Service Class High 03/07/2008 05/01/2020 2.02% 20.72% 39.56% 9.81% -4.25% 3.60% 44.96% 31.56% 7.55% -5.43% 3.60% 39.64% Neuberger Berman AMT Mid-Cap Growth – Class S High 02/18/2003 05/01/2015 1.64% 13.23% 33.73% 17.80% 18.07% 13.26% 10.31% 25.73% 15.84% 17.44% 13.26% 10.31% Invesco V.I. Main Street Small Cap Fund - Series II Highest 07/16/2001 05/01/2020 1.56% 17.43% 44.21% 9.55% 12.80% 12.47% 55.02% 36.21% 7.29% 12.05% 12.47% 49.81% Columbia Variable Portfolio – Small Cap Value Fund — Class 2 Highest 06/01/2000 05/01/2015 2.08% 24.53% 58.43% 6.44% 10.24% 9.78% 6.84% 50.43% 4.03% 9.41% 9.78% 6.84% Delaware VIP Small Cap Value - Service Class Highest 05/01/2000 11/13/2017 1.76% 22.98% 52.46% 5.20% 8.57% 9.73% 6.22% 44.46% 2.73% 7.69% 9.73% 4.63% MainStay VP Wellington Small Cap - Service Class Highest 05/02/2016 05/02/2016 0.72% 14.40% 40.78% 2.37% 8.00% N/A 8.69% 32.78% -0.24% 7.11% N/A 8.02% MainStay VP Small Cap Growth – Initial Class6 Highest 02/17/2012 02/17/2012 1.55% 11.08% 37.69% 13.47% 16.06% N/A 11.17% 29.69% 11.36% 15.39% N/A 11.17% MainStay VP Small Cap Growth – Service Class Highest 02/17/2012 05/01/2015 1.53% 10.90% 37.35% 13.19% 15.77% N/A 10.89% 29.35% 11.07% 15.09% N/A 10.89% International/Global Equity American Funds IS Global Small Cap Fund® – Class 4 High 12/14/2012 05/01/2015 3.38% 12.06% 36.70% 14.97% 14.25% 9.80% 9.97% 28.70% 12.92% 13.53% 9.80% 9.59% Fidelity® VIP International Index — Service Class 2 High 04/16/2018 05/01/2019 1.73% 7.99% 22.73% 7.29% N/A N/A 9.87% 14.73% 4.92% N/A N/A 6.80% Invesco V.I. International Growth Fund - Series II High 09/19/2001 05/01/2015 1.12% 4.88% 17.35% 9.49% 7.36% 5.52% 4.05% 9.35% 7.22% 6.45% 5.52% 3.73% Janus Henderson VIT Global Research Portfolio – Service Shares High 12/31/1999 05/01/2015 2.51% 15.36% 26.81% 14.02% 14.00% 10.44% 6.33% 18.81% 11.94% 13.28% 10.44% 6.33% MainStay VP MacKay International Equity – Service Class High 06/02/2003 05/01/2015 4.22% 14.81% 29.02% 11.40% 11.60% 7.69% 6.28% 21.02% 9.21% 10.82% 7.69% 6.28% MFS® International Intrinsic Value Portfolio – Service Class High 08/31/2001 05/01/2017 1.19% 7.38% 17.08% 11.25% 10.55% 9.73% 11.00% 9.08% 9.05% 9.74% 9.73% 10.01% American Funds IS New World Fund - Class 4 Highest 12/14/2012 05/01/2015 2.15% 8.09% 24.60% 14.20% 11.41% 6.15% 6.50% 16.60% 12.12% 10.62% 6.15% 6.23% Fidelity® VIP Emerging Markets – Service Class 2 Highest 01/23/2008 05/01/2018 1.74% 1.13% 23.12% 13.57% 12.11% 5.24% 9.59% 15.12% 11.47% 11.34% 5.24% 7.86% MainStay VP Candriam Emerging Markets Equity – Service Class9 Highest 02/17/2012 05/01/2015 1.25% 4.73% 23.26% 10.11% 9.38% N/A 1.28% 15.26% 7.87% 8.53% N/A 1.28% Sector Columbia Variable Portfolio — Commodity Strategy Fund — Class 210 High 04/30/2013 05/01/2015 -0.15% 25.40% 32.41% 5.02% 2.56% N/A -1.65% 24.41% 2.54% 1.45% N/A -2.28% Fidelity® VIP Health Care — Service Class 2 High 04/30/2019 05/01/2019 2.62% 11.14% 20.11% 12.49% 14.56% 17.01% 22.47% 12.11% 10.34% 13.85% 17.01% 19.82% MainStay VP Fidelity Institutional AM® Utilities – Service Class High 02/17/2012 05/01/2015 3.58% 7.04% 19.68% 6.44% 6.61% 6.52% 6.32% 11.68% 4.03% 5.66% 6.52% 6.32% Morgan Stanley VIF U.S. Real Estate - Class II High 11/05/2002 05/01/2015 1.45% 26.77% 41.40% 1.79% 1.05% 5.46% 3.33% 33.40% -0.85% -0.13% 5.46% 3.33% MainStay VP CBRE Global Infrastructure — Service Class High 05/01/2015 05/01/2015 2.23% 10.86% 17.81% -10.36% -3.98% N/A -5.75% 9.81% -12.81% -5.16% N/A -6.35% BNY Mellon IP Technology Growth – Service Shares Highest 12/29/2000 05/01/2015 3.06% 13.54% 22.83% 23.84% 25.21% 17.97% 11.44% 14.83% 22.07% 24.72% 17.97% 11.44% MainStay VP Natural Resources – Initial Class Highest 02/17/2012 05/01/2015 -0.07% 15.94% 35.32% 3.05% 0.50% -3.77% -3.82% 27.32% 0.48% -0.70% -3.77% -3.82% Please read the important disclosures regarding the product performance on the following page. Page 2 of 5 Performance data quoted represents past performance. Past performance is no guarantee of future results. Due to market volat ility, current performance may be lower or higher than the figures shown. The investment return and the Accumulation Value of your Performance data quoted represents past performance. Past performance is no guarantee of future results. Due to market volat ility, current performance may be lower or higher than the figures shown. The investment return and the Accumulation Value of your policy will fluctuate so that a policy, when surrendered may be worth more or less than the premium payment(s). For current t o the most recent month-end performance information, please call 1-800-598-2019 or visit www.newyorklife.com. All performance reflects the percentage change for the period shown, with capital gains and dividends reinvested and includes an annualized Mortality and Expense Risk and Administrative Costs Charge of 1.75% and Fund Company Expenses. An Annual Policy S ervice Charge of $30 is not included, but will be deducted each year from the policy's Accumulation Value on the policy anniversary and upo n surrender if on that date the Accumulation Value Is less than $100,000. The performance shown, therefore, would be slightly l ower if your policy's Accumulation Value is less than $100,000. Charges for any optional riders, if reflected, would reduce the performance shown. Non-Standardized Performance ("Assuming No Surrender") does not reflect the deduction of Surrender Charges. Standardized Performance ("Assuming Surrender") reflects the maximum Surrender Charge under the policy. The maximum Surrende r Charge for each premium payment is 8%, declining to 3% (or 2% for single premium policies) by the 8th year after that premium payment has been in the policy, with no surrender charge thereafter. Withdrawals and surrenders may be taxable transactions, and prior to age 59½, may be subject to a 10% IRS penalty (the penalt y tax is increased to 25% in the case of a distribution from a SIMPLE IRA within the first two years of your participation in th e SIMPLE IRA plan). The Investment Divisions offered through the New York Life Premium Plus II Variable Annuity and described herein are differen t from mutual funds that may have similar names but are available directly to the general public. Investment results may differ. *In certain jurisdictions, this product was sold as a single premium variable annuity. In most jurisdictions, the policy form number for the New York Life Premium Plus II Variable Annuity is 203-195.

Page 3 of 5 New York Life Premium Plus II Variable Annuity Performance Summary Average Annual Total Return as of June 30, 2021 (Updated Quarterly)

Non-Standardized (Assuming No Surrender)2 Standardized (Assuming Surrender) Investment Since Since Portfolio Division Investment Investment Volatility/ Inception Inception 1 3 5 10 Division 1 3 5 10 Division 1 1 4 4 4 4 4 4 4 4 Investment Divisions Risk Level3 Date Date Year Year Year Year Inception Year Year Year Year Inception Investment Grade Bond MainStay VP U.S. Government Money Market – Current 7-day yield is 0.01%8 Low 01/29/1993 05/01/2015 -1.72% -0.81% -0.98% -1.36% -0.67% -9.58% -3.52% -2.20% -1.36% -0.67% PIMCO VIT Low Duration Portfolio - Advisor Class Low 03/31/2006 05/02/2016 -1.15% 0.64% -0.08% -0.26% -0.09% -9.06% -2.06% -1.31% -0.26% -1.08% MainStay VP Bond – Service Class Moderate 06/02/2003 05/01/2015 -0.89% 3.49% 1.14% 1.46% 2.04% -8.82% 0.93% -0.03% 1.46% 2.04% Fidelity® VIP Bond Index – Service Class 2 Moderate 04/19/2018 11/23/2020 N/A N/A N/A N/A -2.93% N/A N/A N/A N/A -10.70% MainStay VP MacKay Government – Service Class Moderate 06/02/2003 05/01/2015 -2.33% 1.47% -0.21% 0.22% 1.05% -10.15% -1.19% -1.44% 0.22% 1.05% MainStay VP PIMCO Real Return – Service Class Moderate 02/17/2012 05/01/2015 5.04% 4.47% 2.34% 1.16% 0.51% -2.96% 1.97% 1.22% 1.16% 0.51% PIMCO VIT Income Portfolio - Advisor Class Moderate 04/29/2016 05/01/2020 6.81% 3.85% 3.95% N/A 9.82% -1.19% 1.31% 2.90% N/A 3.02% PIMCO VIT International Bond Portfolio (U.S. Dollar-Hedged) - Advisor Class Moderate 05/01/2014 05/01/2015 0.96% 1.95% 1.45% 3.10% 2.28% -7.04% -0.68% 0.29% 3.10% 1.91% PIMCO VIT Total Return Portfolio - Advisor Class Moderate 02/28/2006 05/01/2015 -0.71% 3.65% 1.76% 1.62% 1.62% -8.66% 1.11% 0.61% 1.62% 1.24% Non-Investment Grade Bond BlackRock® High Yield V.I. Fund – Class III Shares Moderate 02/15/2012 05/01/2015 13.01% 5.53% 5.33% 4.43% 3.29% 5.01% 3.08% 4.34% 4.43% 2.94% Columbia Variable Portfolio — Emerging Markets Bond Fund — Class 2 Moderate 04/30/2012 05/01/2015 7.17% 3.51% 2.44% N/A 2.48% -0.83% 0.96% 1.32% N/A 1.90% MainStay VP Floating Rate – Service Class Moderate 05/01/2005 05/01/2015 7.55% 1.67% 2.22% 1.77% 1.81% -0.45% -0.98% 1.10% 1.77% 1.81% MainStay VP MacKay Convertible – Service Class Moderate 06/02/2003 05/01/2015 32.85% 15.60% 13.96% 8.92% 7.56% 24.85% 13.57% 13.24% 8.92% 7.56% MainStay VP MacKay High Yield Corporate Bond – Service Class Moderate 06/02/2003 05/01/2015 12.17% 4.88% 4.87% 4.38% 5.32% 4.17% 2.40% 3.86% 4.38% 5.32% MainStay VP MacKay Strategic Bond – Service Class Moderate 05/01/2011 05/01/2015 5.95% 2.65% 2.43% 2.14% 1.98% -2.05% 0.05% 1.31% 2.14% 1.98% Alternatives DWS Alternative Asset Allocation VIP - Class B Moderate 05/18/2009 05/02/2016 21.81% 5.54% 2.90% 1.24% 3.24% 13.81% 3.09% 1.80% 1.24% 2.38% MainStay VP IQ Hedge Multi-Strategy - Service Class Moderate 05/01/2013 05/01/2015 6.22% 2.00% 0.05% N/A -2.29% -1.78% -0.63% -1.17% N/A -2.29% Asset Allocation American Funds IS Asset Allocation Fund - Class 4 Moderate 12/14/2012 05/01/2018 23.30% 10.12% 9.52% 8.27% 10.00% 15.30% 7.87% 8.67% 8.27% 8.17% BlackRock® Global Allocation V.I. Fund – Class III Shares Moderate 11/18/2003 05/01/2015 25.90% 10.50% 8.62% 5.07% 4.62% 17.90% 8.28% 7.74% 5.07% 4.62% Fidelity® VIP FundsManager® 60% — Service Class Moderate 08/22/2007 05/01/2019 22.40% 9.59% 8.95% 6.55% 12.82% 14.40% 7.33% 8.08% 6.55% 9.56% MainStay VP Balanced – Service Class Moderate 05/01/2005 05/01/2015 25.22% 7.21% 6.38% 6.43% 4.99% 17.22% 4.84% 5.43% 6.43% 4.99% MainStay VP Conservative Allocation – Service Class Moderate 02/13/2006 05/01/2015 12.31% 5.70% 5.17% 4.27% 4.02% 4.31% 3.26% 4.17% 4.27% 4.02% MainStay VP Income Builder – Service Class Moderate 06/02/2003 05/01/2015 18.70% 7.88% 6.23% 6.20% 5.02% 10.70% 5.53% 5.27% 6.20% 5.02% MainStay VP Janus Henderson Balanced – Initial Class7 Moderate 02/17/2012 02/17/2012 22.37% 12.16% 11.81% N/A 8.97% 14.37% 9.99% 11.03% N/A 8.97% MainStay VP Janus Henderson Balanced – Service Class Moderate 02/17/2012 05/01/2015 22.06% 11.88% 11.53% 8.32% 8.70% 14.06% 9.70% 10.74% 8.32% 8.70% MainStay VP Moderate Allocation–Service Class Moderate 02/13/2006 05/01/2015 19.63% 7.30% 7.23% 5.63% 4.70% 11.63% 4.93% 6.31% 5.63% 4.70% Franklin Templeton Conservative Model Portfolio - Class II Moderate 05/01/2020 05/01/2020 7.68% N/A N/A N/A 9.20% -0.32% N/A N/A N/A 2.39% Franklin Templeton Moderate Model Portfolio - Class II Moderate 05/01/2020 05/01/2020 18.48% N/A N/A N/A 20.39% 10.48% N/A N/A N/A 13.69% Franklin Templeton Moderately Aggressive Model Portfolio - Class II Moderate 05/01/2020 05/01/2020 24.22% N/A N/A N/A 27.08% 16.22% N/A N/A N/A 20.45% Franklin Templeton Moderately Conservative Model Portfolio - Class II Moderate 05/01/2020 05/01/2020 13.67% N/A N/A N/A 15.62% 5.67% N/A N/A N/A 8.88% Franklin Templeton Aggressive Model Portfolio - Class II High 05/01/2020 05/01/2020 32.87% N/A N/A N/A 35.37% 24.87% N/A N/A N/A 28.81% MainStay VP Equity Allocation – Service Class High 02/13/2006 05/01/2015 38.36% 10.38% 11.25% 7.98% 5.55% 30.36% 8.15% 10.45% 7.98% 5.55% MainStay VP Growth Allocation–Service Class High 02/13/2006 05/01/2015 29.76% 8.70% 9.30% 6.91% 5.33% 21.76% 6.40% 8.45% 6.91% 5.33% Large Cap Equity American Funds IS Washington Mutual Investors Fund - Class 4 High 12/14/2012 11/13/2017 33.81% 9.18% 9.66% 9.91% 9.02% 25.81% 6.90% 8.81% 9.91% 7.46% American Funds IS Growth Fund - Class 4 High 12/14/2012 11/13/2017 50.32% 24.30% 23.04% 15.28% 23.18% 42.32% 22.55% 22.52% 15.28% 22.05% ClearBridge Variable Appreciation Portfolio — Class II High 02/28/2015 05/01/2017 35.18% 15.68% 13.52% 11.45% 13.72% 27.18% 13.65% 12.79% 11.45% 12.75% Fidelity® VIP Contrafund® – Service Class 2 High 01/12/2000 05/01/2015 33.34% 18.65% 16.71% 12.16% 9.70% 25.34% 16.73% 16.06% 12.16% 9.70% Fidelity® VIP Equity-Income – Service Class 2 High 01/12/2000 05/01/2015 39.13% 11.90% 10.69% 8.97% 6.41% 31.13% 9.73% 9.88% 8.97% 6.41% Fidelity® VIP Growth Opportunities – Service Class 2 High 01/12/2000 05/01/2015 54.02% 34.64% 31.32% 19.75% 22.39% 46.02% 33.15% 30.91% 19.75% 22.27% MainStay VP Epoch U.S. Equity Yield – Service Class High 06/02/2003 05/01/2015 30.25% 8.76% 8.75% 7.28% 6.16% 22.25% 6.46% 7.88% 7.28% 6.16% MainStay VP Wellington U.S. Equity – Service Class High 06/02/2003 05/01/2015 37.38% 13.58% 13.65% 11.87% 8.09% 29.38% 11.47% 12.92% 11.87% 8.09% MainStay VP Wellington Growth – Service Class9 High 06/02/2003 05/01/2015 38.11% 17.96% 18.48% 11.74% 7.50% 30.11% 16.01% 17.87% 11.74% 7.50% MainStay VP MacKay S&P 500 Index – Service Class5 High 06/02/2003 05/01/2015 37.80% 16.15% 15.10% 12.29% 8.24% 29.80% 14.14% 14.41% 12.29% 8.24% MainStay VP Winslow Large Cap Growth – Service Class High 06/02/2003 05/01/2015 35.16% 20.93% 21.23% 14.30% 9.50% 27.16% 19.08% 20.67% 14.30% 9.50% MainStay VP T. Rowe Price Equity Income – Service Class9 High 02/17/2012 05/01/2015 44.75% 8.99% 9.94% 8.45% 8.84% 36.75% 6.70% 9.11% 8.45% 8.84% MFS® Investors Trust Series – Service Class High 05/01/2000 05/01/2015 36.47% 15.19% 14.40% 11.36% 8.07% 28.47% 13.15% 13.69% 11.36% 8.07% MFS® Research Series – Service Class High 05/01/2000 05/01/2015 34.57% 15.58% 14.75% 11.81% 8.89% 26.57% 13.55% 14.05% 11.81% 8.89% Small/Mid Cap Equity Fidelity® VIP Mid Cap – Service Class 2 High 01/12/2000 05/01/2015 53.12% 9.66% 11.82% 8.80% 9.30% 45.12% 7.39% 11.04% 8.80% 9.30% Janus Henderson VIT Enterprise Portfolio – Service Shares High 12/31/1999 11/13/2017 37.72% 15.65% 16.72% 13.28% 15.31% 29.72% 13.62% 16.07% 13.28% 13.97% MainStay VP Wellington Mid Cap – Service Class High 06/02/2003 05/01/2015 43.91% 8.84% 10.28% 9.64% 8.73% 35.91% 6.54% 9.45% 9.64% 8.73% MFS® Mid Cap Value Portfolio - Service Class High 03/07/2008 05/01/2020 46.60% 10.50% -3.91% 2.38% 49.97% 38.60% 8.27% -5.10% 2.38% 43.52% Neuberger Berman AMT Mid-Cap Growth – Class S High 02/18/2003 05/01/2015 42.12% 19.31% 18.35% 11.81% 10.20% 34.12% 17.40% 17.73% 11.81% 10.20% Invesco V.I. Main Street Small Cap Fund - Series II Highest 07/16/2001 05/01/2020 56.35% 11.83% 13.71% 10.93% 64.43% 48.35% 9.65% 12.99% 10.93% 58.08% Columbia Variable Portfolio – Small Cap Value Fund — Class 2 Highest 06/01/2000 05/01/2015 70.81% 7.70% 12.59% 8.51% 6.97% 62.81% 5.35% 11.83% 8.51% 6.97% Delaware VIP Small Cap Value - Service Class Highest 05/01/2000 11/13/2017 61.23% 6.35% 9.89% 8.28% 6.52% 53.23% 3.93% 9.05% 8.28% 4.85% MainStay VP Wellington Small Cap - Service Class Highest 05/02/2016 05/02/2016 52.72% 3.83% 9.53% N/A 9.22% 44.72% 1.30% 8.69% N/A 8.54% MainStay VP Small Cap Growth – Initial Class6 Highest 02/17/2012 02/17/2012 50.48% 15.59% 16.99% N/A 11.09% 42.48% 13.56% 16.34% N/A 11.09% MainStay VP Small Cap Growth – Service Class Highest 02/17/2012 05/01/2015 50.11% 15.31% 16.70% N/A 10.82% 42.11% 13.26% 16.04% N/A 10.82% International/Global Equity American Funds IS Global Small Cap Fund® – Class 4 High 12/14/2012 05/01/2015 45.61% 15.05% 15.40% 8.31% 9.86% 37.61% 13.00% 14.72% 8.31% 9.46% Fidelity® VIP International Index — Service Class 2 High 04/16/2018 05/01/2019 32.05% 7.18% N/A N/A 10.62% 24.05% 4.81% N/A N/A 7.28% Invesco V.I. International Growth Fund - Series II High 09/19/2001 05/01/2015 29.54% 9.82% 8.14% 4.59% 4.21% 21.54% 7.56% 7.24% 4.59% 3.88% Janus Henderson VIT Global Research Portfolio – Service Shares High 12/31/1999 05/01/2015 37.63% 14.27% 14.28% 8.95% 6.19% 29.63% 12.19% 13.56% 8.95% 6.19% MainStay VP MacKay International Equity – Service Class High 06/02/2003 05/01/2015 34.53% 10.15% 10.71% 6.10% 5.97% 26.53% 7.91% 9.90% 6.10% 5.97% MFS® International Intrinsic Value Portfolio – Service Class High 08/31/2001 05/01/2017 23.00% 10.93% 10.50% 8.75% 10.58% 15.00% 8.72% 9.69% 8.75% 9.52% American Funds IS New World Fund - Class 4 Highest 12/14/2012 05/01/2015 39.19% 14.00% 12.73% 5.34% 6.78% 31.19% 11.91% 11.98% 5.34% 6.50% Fidelity® VIP Emerging Markets – Service Class 2 Highest 01/23/2008 05/01/2018 45.55% 14.97% 14.31% 4.91% 12.14% 37.55% 12.91% 13.60% 4.91% 10.38% MainStay VP Candriam Emerging Markets Equity – Service Class9 Highest 02/17/2012 05/01/2015 45.11% 10.94% 11.90% N/A 1.79% 37.11% 8.73% 11.12% N/A 1.79% Sector Columbia Variable Portfolio — Commodity Strategy Fund — Class 210 High 04/30/2013 05/01/2015 46.33% 2.81% 0.76% N/A -1.98% 38.33% 0.23% -0.44% N/A -2.62% Fidelity® VIP Health Care — Service Class 2 High 04/30/2019 05/01/2019 20.28% 14.82% 14.78% 15.43% 22.54% 12.28% 12.76% 14.08% 15.43% 19.59% MainStay VP Fidelity Institutional AM® Utilities – Service Class High 02/17/2012 05/01/2015 16.11% 5.18% 4.92% 5.36% 5.81% 8.11% 2.72% 3.91% 5.36% 5.81% Morgan Stanley VIF U.S. Real Estate - Class II High 11/05/2002 05/01/2015 35.41% 1.18% 0.06% 4.18% 2.68% 27.41% -1.50% -1.17% 4.18% 2.68% MainStay VP CBRE Global Infrastructure — Service Class High 05/01/2015 05/01/2015 17.96% -10.53% -3.27% N/A -6.37% 9.96% -12.99% -4.46% N/A -6.99% BNY Mellon IP Technology Growth – Service Shares Highest 12/29/2000 05/01/2015 49.58% 25.13% 26.54% 16.06% 11.39% 41.58% 23.40% 26.07% 16.06% 11.39% MainStay VP Natural Resources – Initial Class Highest 02/17/2012 05/01/2015 62.34% 2.14% 2.46% -3.80% -3.19% 54.34% -0.49% 1.35% -3.80% -3.19% Please read the important disclosures regarding the product performance on the following page. Page 4 of 5 Performance data quoted represents past performance. Past performance is no guarantee of future results. Due to market volat ility, current performance may be lower or higher than the figures shown. The investment return and the Accumulation Value of your policy will fluctuate so that a policy, when surrendered may be worth more or less than the premium payment(s). For current t o the most recent month-end performance information, please call 1-800-598-2019 or visit www.newyorklife.com. All performance reflects the percentage change for the period shown, with capital gains and dividends reinvested and includes an annualized Mortality and Expense Risk and Administrative Costs Charge of 1.75% and Fund Company Expenses. An Annual Policy S ervice Charge of $30 is not included, but will be deducted each year from the policy's Accumulation Value on the policy anniversary and upon surrender if on that date the Accumulation Value Is less than $100,000. The performance shown, therefore, would be slightly lower if your policy's Accumulation Value is less than $100,000. Charges for any optional riders, if reflected, would reduce the performanc e shown. Non-Standardized Performance ("Assuming No Surrender") does not reflect the deduction of Surrender Charges. Standardized Performance ("Assuming Surrender") reflects the maximum Surrender Charge under the policy. The maximum Surrende r Charge for each premium payment is 8%, declining to 3% (or 2% for single premium policies) by the 8th year after that premium payment has been in the policy, with no surrender charge thereafter. Withdrawals and surrenders may be taxable transactions, and prior to age 59½, may be subject to a 10% IRS penalty (the penalt y tax is increased to 25% in the case of a distribution from a SIMPLE IRA within the first two years of your participation in th e SIMPLE IRA plan). The Investment Divisions offered through the New York Life Premium Plus II Variable Annuity and described herein are differen t from mutual funds that may have similar names but are available directly to the general public. Investment results may differ. *In certain jurisdictions, this product was sold as a single premium variable annuity. In most jurisdictions, the policy form number for the New York Life Premium Plus II Variable Annuity is 203-195.

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