CNO Financial Indianapolis Monumental Marathon in 2016, a Top 20 National Marathon in Our Corporate Additional Community Partners

174855 April 2017

CNO Financial Group is middle-income America’s valued financial security partner. Through our family of insurance brands—Bankers Life, Colonial Contents Penn and Washington National—our 3,400 full-time associates are dedicated to helping provide insurance solutions that help protect the health and About CNO Financial Group...... 3 retirement needs of our customers and their families. Our Community Commitment...... 5 Ed Bonach Chief Executive Officer That is why CNO Financial is proud to support organizations that share our 2016 by the Numbers...... 6 CNO Financial Group dedication to: One Year in Our Communities...... 7 » Promoting health and financial wellness. Corporate Philanthropy Program...... 8 » Working to build stronger communities. Community Board Leadership...... 8 In 2016, CNO helped deliver more than $2.7 million in total community 2016 Awards and Recognition...... 9 impact to the neighborhoods where we live and work. CNO Financial, our Promoting Health and Financial Wellness...... 10 associates and insurance producers donated $2.4 million to our partner organizations and raised an additional $335,000 in community fundraising. Alzheimer’s Association...... 11 Bankers Life Center for a Secure Retirement...... 12 We also announced a new sponsorship of the CNO Financial Indianapolis Monumental Marathon in 2016, a top 20 national marathon in our corporate Additional Community Partners...... 13 hometown. More than 15,000 runners and walkers from across the world Building Stronger Communities...... 14 took part in the marathon, half marathon, 5K and kids fun run in November, Bankers Life Fieldhouse...... 15 including more than 350 CNO associates, family members and volunteers. CNO Financial Indianapolis Monumental Marathon...... 17 Last year, over 1,300 employees from our offices in Carmel (Ind.), Chicago Boys Scouts of America...... 18 and Philadelphia contributed more than 14,000 hours of service to their communities, benefiting more than 200 different nonprofit agencies. United Way...... 19 CNO Community Spirit Awards...... 20 I hope you find their commitment to healthy communities, and this report, as inspiring as I do. 100th Running of the Indianapolis 500...... 21 Additional Community Partners...... 22

2 About CNO Financial Group

Middle-Income America’s Valued Financial Security Partner

CNO Financial is a holding company that provides health and life insurance, as well as retirement solutions, to middle-income Americans through its family of insurance brands: Bankers Life, Colonial Penn and Washington National. At CNO Financial, we’re always looking forward—to the security and stability we create for our customers, and the growth we create within our own company.

3 About CNO Financial

OUR BRANDS OUR CORPORATE LOCATIONS

Carmel, IN Home to CNO headquarters, With a history dating back to 1879, Bankers Life offers a broad Washington National and 40|86 Advisors selection of life and health insurance products designed especially for Americans who are near or in retirement. Dedicated agents CNO is among the 15 largest public meet customers in their homes and present products and services companies in the state of Indiana. “across the kitchen table.” There are nearly 5,000 Bankers Life insurance agents at over 300 offices across the country.

Chicago, IL Home to Bankers Life Colonial Penn is a pioneer in designing life insurance products for mature Americans. For nearly 60 years, customers have turned to Colonial Penn through mail, online and by phone to buy simple, affordable term and whole life insurance.

Philadelphia, PA Home to Colonial Penn

Washington National is a leading provider of supplemental health and life insurance, helping protect middle-income Americans from the financial hardship that comes with critical illnesses, accidents and loss of life. For more than 100 years, Washington National has OUR CUSTOMERS OUR ASSOCIATES helped customers make informed decisions from the comfort of their homes or at the workplace. 3.5 million 3,400 policies employees

40|86 Advisors, Inc. is a fixed income investment advisor. The firm CNO Financial’s insurance companies We employ approximately 3,400 full-time manages over $26 billion in assets, including public corporate debt provide more than 3.5 million policies to employees. More than 1,200 work in CNO’s securities, taxable municipal bonds, emerging market securities, middle-income working Americans and retirees. headquarters in Carmel, Indiana. high yield bonds and mortgage related securities. 4 Our Community Commitment CNO Financial supports our communities, our associates and our customers through nonprofit organizations that address the health and financial wellness of middle-income Americans.

5 2016 by the Numbers

CNO Financial helped deliver $2.7 million in total community impact to the neighborhoods where we $2.7million live and work.

CNO Financial, our associates and insurance producers donated $2.4 million to our partner organizations, and our associates and our insurance producers raised an additional $335,000 through their participation in community fundraising.

More than 1,300 associates volunteered more than 14,000 hours in total to community service, including donating their time to our CNO Afternoon of Service 14,000 hours projects in Indianapolis, Chicago and Philadelphia.

6 One Year in Our Communities

CNO Financial associates participated in more than 20 community projects and events throughout 2016.

FEBRUARY MARCH APRIL MAY JUNE

Meals on Wheels United Way Senior Alzheimer’s 100th Running of the Bankers Life Chicago Emergency Center Volunteering Awareness Night Indianapolis 500 Forget Me Not Days® Meal Kit Creation at Bankers Life Host Committee CNO Community Fieldhouse Jefferson Awards Spirit Awards Foundation National Ceremony

JULY AUGUST SEPTEMBER 2016

Indianapolis United Way Annual Giving Campaign CNO Afternoon of Symphony Orchestra Service for United Way Symphony on American Red Cross Tornado Relief Call Center the Prairie American Red Cross WFYI Public Media documentary premiere Blood Drives Attucks: The School that Opened a City

OCTOBER NOVEMBER DECEMBER

American Cancer Society Making Strides Against CNO Financial Indianapolis Monumental Marathon Arthritis Foundation Breast Cancer Walk Jingle Bell Run Boy Scouts Soles4Souls Shoe Collection Alzheimer’s Association Walk to End Alzheimer’s United Way Military Warriors Support Foundation at Adopt-a-Family Pacers FanJam at Bankers Life Fieldhouse Bankers Life Fieldhouse

7 Corporate Philanthropy Program

From our senior executives to our individual associates, CNO Financial is COMMUNITY BOARD committed to making service in our communities part of our culture. LEADERSHIP IN 2016 In fact, our employee volunteer program, Team CNO, has provided opportunities CNO senior leaders give back to their communities for associate community engagement for nearly 20 years. by serving on the boards of local and national nonprofit organizations and chambers of commerce, including:

» Alzheimer’s Association of Greater Illinois Executive Philanthropic Committee » Alzheimer’s Association of Greater Indiana The Executive Philanthropic Committee is composed of senior » American Cancer Society, Lakeshore Division leadership members who shape CNO’s philanthropic strategy. » American Red Cross of Central Indiana » Beyond Monumental » Boy Scouts of America, Crossroads of America Council Philanthropy Liaisons » CICOA Aging & In-Home Solutions » Children’s Scholarship Fund Philadelphia In each of CNO’s three corporate office locations, two associates serve as philanthropy liaisons to lead volunteer committees of their » Indiana Chamber of Commerce peers and chair community service projects. » Indiana Sports Corporation » Indiana Women in Need Foundation » Indianapolis Chamber of Commerce Team CNO Philanthropy Program » Jefferson Awards Foundation Our associate volunteer program engages associates to give back to » Julian Center their community through volunteer service and charitable donations. » Marian University » Meals on Wheels Chicago » Pacers Foundation » St. Vincent Foundation » Starfish Initiative » WFYI Public Media

8 2016 Awards and Recognition

The National Business Group on Health, a nonprofit Bankers Life was named among America’s Best association of 425 large U.S. employers, awarded CNO Employers of 2016 by Forbes magazine. Bankers Life WELL-BEING TOP HONORS Financial Group Well-Being Top Honors for having one earned the accolade in the Midsize Employer category, of the top five best workforce well-being programs in which recognizes 250 companies throughout the nation the nation. with 1,000-5,000 employees.

CNO Financial was honored by the National Business CNO Financial earned the United Way of Central Group on Health as a Platinum award winner of the Indiana’s Company that Cares award and was 2016 Best Employers for Healthy Lifestyles® awards. recognized as a Top Contributor. This is the second consecutive year that CNO Financial was recognized with a Platinum award–the highest designation–for its corporate wellness program. In 2016, for the sixth consecutive year, CNO Financial subsidiary Bankers Life was recognized in Training magazine’s Top 125 for having one of the world’s best CNO Financial placed second on the list employee training and development programs. of 2016’s Healthiest 100 Workplaces in America, an awards program presented by Springbuck. 2016 was the third consecutive year that CNO Financial CNO Financial was recognized by the Life Office Group has been recognized for its commitment to Management Association (LOMA) with its 12th employee health and for achieving exceptional and consecutive LOMA Educational Achievement sustainable success through its corporate wellness Award for outstanding participation in LOMA’s programs and employee wellness initiatives. education programs.

CNO Financial received a Platinum Level award, the highest level of recognition, from the American Heart Association for being a Fit-Friendly Company.

9 Promoting Health and Financial Wellness CNO Financial believes in standing up for health and financial wellness for our customers, our associates and our neighbors. 10 Promoting Health and Alzheimer’s Association® Financial Wellness

Bankers Life is a proud national supporter of the Alzheimer’s Association. Since 2003, Bankers Life has $ helped raise more than $4.5 million for the Association ® END through its annual Forget Me Not Days fundraiser and ALZ corporate donations. $478,000 Forget Me Not Days is Bankers Life’s annual street- in collections and corporate corner fundraising campaign to raise awareness and funds for the care, support and research efforts of donations in 2016 the Alzheimer’s Association. In its 14th year, over 1,600 Bankers Life agents, associates and Alzheimer’s Association volunteers took to the streets in more than 175 cities across the country to collect donations. In exchange for donations, individuals received packets of Forget-Me-Not flower seeds to plant in honor of families facing Alzheimer’s disease.

CNO and Bankers Life also support the Alzheimer’s Association Walk to End Alzheimer’s® through the efforts of corporate teams.

11 Promoting Health and Bankers Life Center for a Secure Retirement® Financial Wellness

The Bankers Life Center for a Secure Retirement is the company’s research and consumer education program.

Its studies and consumer awareness campaigns help Introduction

Today, about four in 10 (39%) members of the Boomer generation identify themselves advocate for the financial wellness of middle-income Retirement status of as retired. As Boomers are a large and dynamic generation, the Bankers Life Center middle-income Boomers for a Secure Retirement is checking in with middle-income Boomers to see how retirees and pre-retirees by contributing to the national retirement is unfolding for this generation.

This generation is on the leading edge of 39% 61% Retired the “new retirement”—the transition from ot retired conversation on retirement. institutional responsibility for retirement financial security to an increasing amount of individual responsibility.

However, we found that most Boomers n893 have not done enough to adequately Source: Bankers Life Center for a Secure Retirement, Paying for the New Retirement: Responsibilities and Challenges for Middle-Income Boomers, 2016. prepare for their retirement years. In fact, Bankers Life works with national and local media to seven in 10 (69%) Boomers admit that they do not have or do not know if they have the financial resources to live comfortably in retirement to age 85, the average life expectancy of a 65-year-old Boomer today. share research insights, including: [July 2016] And that number climbs to eight in 10 (83%) who admit that they do not have or do not know if they have the financial resources to live in retirement to age 95 even though 10% of Boomers will live to at Paying for the New Retirement:least that age.* Responsibilities » The Wall Street Journal Boomers are making adjustments to meet and Challenges for Middle-Incomethe new financial challenges Boomers they are facing in retirement. The Boomer experience may Key Findings provide a cautionary tale for generations to follow. More education, more advice and » The Huffington Post Highlights guidance, and ultimately more retirement savings will be necessary for middle- income Americans to live comfortably in nnFive years since the first Boomer turned age 65, middle-income Boomers their retirement years. » Yahoo! Finance report experiencing financial challenges. 2016 research explored nnBoomers are in the middle of a retirement transition, as fewer employers provide their workers with a *U.S.lifetime Social defined Security Administration,benefit pension “Calculators: payout. Life Expectancy,” Accessed May 5, 2016. https://www.ssa.gov/planners/ lifeexpectancy.htmllifeexpectancy.html nnMiddle-income Boomers say they are knowledgeable about and familiar with » The Boston Globe how Boomers are their retirement options, but they are not actively using this knowledge. nnMiddle-income Boomers are not confident in their retirement finances and Paying for the New Retirement: Responsibilities and Challenges for Middle-Income Boomers | July 2016 are unsure of the best ways to maximize their retirement income. » MarketWatch navigating personal nnMiddle-income Boomers continue to carry significant debt into retirement. 5

Five years since the first Boomer turned age 65, middle-income Boomers » Life & Health Advisor finances, income and report experiencing financial challenges. nnSix in 10 (60%) nonretired middle-income Boomers report they are spending as much or more than their household income. nnFour in 10 (38%) retired middle-income Boomers have had to make adjustments to savings in retirement. compensate for a financial shortfall in retirement. » PlanAdviser Boomers are in the middle of a retirement transition, as fewer employers provide their workers with a lifetime defined benefit pension payout. nnHalf (48%) of retired middle-income Boomers will include a regular pension payment from an employer as part of their retirement income. Of Boomers not yet retired, only one-third » LifeHealthPro (33%) indicate they will benefit from a regular pension payment from an employer. nnEight in 10 (80%) retired middle-income Boomers rely on Social Security or an employer pension to be their primary source of retirement income, while just one in 10 (12%) rely on retirement accounts, savings or employment as their primary source of retirement income.

Read all of the retirement insights 171001 at CenterForASecureRetirement.com

12 Promoting Health and Additional Community Partners Financial Wellness

CNO supports the Arthritis Foundation® and its Washington National is proud to support the American Cancer Society® annual Jingle Bell Run through fundraising and in- and its mission to save lives, celebrate lives and lead the fight for a kind donations that help further their mission to world without cancer. conquer arthritis. In Indianapolis, the event kicks off CNO and Washington National support the American Cancer Society by at the Bankers Life Fieldhouse. forming Making Strides Against Breast Cancer event teams in each of our corporate locations.

Meals on Wheels Chicago is committed to the belief that all individuals have the right to live independently with dignity in their own homes, working to reduce the number of homebound seniors and individuals with disabilities in need. In addition to year-round fundraising and volunteering, CNO Financial subsidiary Bankers Life is a proud sponsor of Meals on Wheels Chicago’s annual Celebrity Chef Ball, one of Chicago’s longest-running culinary fundraisers.

13 Building Stronger Communities CNO Financial believes in building stronger communities for our customers, our associates and our neighbors.

14 Building Stronger Communities

Bankers Life, a CNO Financial Group subsidiary, is the naming sponsor of one of the most critically acclaimed sports venues in the country.

Bankers Life is proud to be a part of the Indianapolis community as the official insurance partner of the NBA’s Indiana Pacers and the naming sponsor of their home court—Bankers Life Fieldhouse. Nearly 2 million guests per year visit “Bankers Life”—as it’s known to locals—to watch the Pacers, the WNBA’s Indiana Fever, and concerts and other world-class entertainment events.

Its iconic stature in downtown Indianapolis, along with its ability to offer the latest in fan amenities, makes Bankers Life Fieldhouse one of the premier facilities in the country.

15 Building Stronger Bankers Life Fieldhouse Communities

Since 1999, CNO Financial has been a proud supporter of the Pacers Foundation More than and its mission to motivate and inspire Indiana’s at-risk youth toward academic success and civic responsibility. $250,000 With every 3-point shot that the Indiana Pacers make during the regular season at donated to the Pacers Foundation Bankers Life Fieldhouse, CNO donates $50 over the past 17 seasons. to the Pacers Foundation.

Associates from CNO and Pacers Sports & Entertainment regularly combine teams to work on service projects in and around Indianapolis.

16 Building Stronger Communities

CNO Financial is the first title sponsor of the CNO Financial Indianapolis Monumental Marathon and its additional races—events that firmly complement our corporate commitment to health, wellness and the central Indiana community.

A top 20 national marathon, the CNO Financial Indianapolis Monumental Marathon is held annually on the first Saturday in November. It delivers a world-class race experience for all ages and showcases the very best of Indianapolis to Hoosiers and visitors alike. 17 Building Stronger CNO Financial Indianapolis Monumental Marathon Communities

2016 marked the inaugural CNO Financial Indianapolis Monumental Marathon. Featuring sold-out races and over 4,175 marathon finishers, the event is the 18th largest marathon in the United States. The field totaled more than 15,000 finishers for the marathon, half marathon and 5K and kids fun run, collectively.

According to Visit Indy, the race generated $4.2 million in local economic impact in 2016. Over 350 CNO associates and family members ran or volunteered on race weekend.

“It was truly exciting to be part of this marathon, and I was impressed by the high level of talent and enthusiasm of the runners, walkers and volunteers at today’s events. The title sponsorship firmly complements our commitment to health, wellness and the central Indiana Boy Scouts of America, Crossroads of America Council community, and we appreciate As part of the marathon festivities, CNO helped local Boy Scouts everyone’s support as we look Crossroads of America Council to collect shoes for Soles4Souls, the forward to another successful council’s community service project partner. race in 2017.” By hosting collection boxes at each of our corporate locations and –Ed Bonach, at our Monumental Health and Fitness Expo booth, we were able to CEO of CNO Financial Group collect over 1,200 pairs of shoes on the Scouts’ behalf.

18 Building Stronger United Way Communities

UNITED CNO Financial is proud to partner with the United Way and its $615,000 WAY local agencies in the communities where we live and work to help people learn more, earn more and lead safe and healthy lives. in collections and corporate Events in 2016 included an annual giving campaign, Afternoon of donations in 2016 Service events in each of our three corporate locations and holiday giving through the Adopt a Family program. In that campaign gifts and groceries were purchased using corporate funds and delivered to 210 individuals from 32 families in Chicago and Indianapolis.

19 Building Stronger CNO Community Spirit Awards Communities

As a Corporate Champion company, CNO Financial proudly sponsors the Jefferson Award Foundation of Indianapolis. Annually we honor associates who make an extraordinary social impact in their communities, demonstrate strategic involvement and dedication to getting results, and maintain a compelling and enduring commitment to the agencies they support. One associate is selected to represent our company at the national awards ceremony held in Washington, D.C.

Since 2010, we have awarded $140,000 to organizations where our associates volunteer their time and talent.

Award of Excellence Award of High Achievement $10,000 grant from CNO to the nonprofit organization, $5,000 grant from CNO to the nonprofit organization plus a trip for the winner to Washington, D.C., to » Christene Darnell on behalf of Susan G. Komen of Central Indiana represent CNO at the Jefferson Awards Foundation National Ceremony. Awards of Merit » Gail Mitchell on behalf of the Alzheimer’s Association $1,000 grant from CNO to the nonprofit organization of Greater Indiana » Kathleen Ward on behalf of Southern Indiana Save-a-Pet » Kelly Honn on behalf of Big Brothers Big Sisters of Central Indiana » Julia Skaggs on behalf of Kingdom’s Kloset (a division of Safe Families for Children) » David Dennie on behalf of the Joseph Maley Foundation » Ashley Drees on behalf of PrimeLife Enrichment, Inc. 20 Building Stronger 100th Running of the Indianapolis 500 Communities

CNO Financial supports the Indiana Sports Corp in its mission to inspire and advance Indiana CNO Financial was a proud member of the historic 100th Running communities through sports. A host to world-class of the Indianapolis 500 Host Committee. Throughout the 100th sporting events, the Indiana Sports Corp seeks to running season over 300 associates and Bankers Life agents from drive economic growth and civic pride for the state. around the country were invited to Indianapolis to attend Brickyard and 500 Festival events.

To celebrate the 100th running, a show car was on display at the CNO headquarters.

21 Building Stronger Additional Community Partners Communities

In 2016, CNO Financial supported the American Red Cross through on-campus blood drives in all three corporate locations and provided facility space and associates to run a tornado relief center for the victims of the Kokomo, Indiana, tornado in August. In operation for five business days, the call center facilitated services between the American Red Cross and Hoosiers in need of assistance.

American Red Cross Blood Drive

CNO Financial supports military families through our partnership with the Military Warriors Support Foundation, which helps to place our nation’s heroes on the path to lifelong financial security.

In 2016, CNO Financial supported Military Warriors Support Foundation through a corporate donation totaling $20,000. 22 Building Stronger Additional Community Partners Communities

CNO Financial is a member of the WFYI Mission Society, helping CNO Financial has been a proud supporter of The WFYI inspire the best in our Indianapolis community by sharing Center for the Performing Arts, which shares our stories and connecting people through educational, informational and hometown of Carmel, Indiana. cultural services and entertainment and community outreach events In 2015–2016, CNO Financial sponsored its Indiana and activities. Music Series in conjunction with Indiana’s year-long Our support of the documentary, Attucks: The School that Opened a bicentennial celebration. City, brought to light the story of students at all-black Crispus Attucks The series included performances by a jazz High School in Indianapolis. The historic film helped promote the ensemble, Bill Gaither and groups from Indiana history of Indiana in the year of its bicentennial. University and Purdue University.

CNO Financial helps bring the Indianapolis Symphony Orchestra outdoors to Conner Prairie each summer as an Associate Sponsor of the Symphony on the Prairie series. The 2016 series featured Gershwin’s “Rhapsody in Blue” and “Star Spangled Symphony.”