JACKSON FINANCIAL INC. 22,000,000 Depositary Shares Each Representing a 1/1,000th Interest in a Share of Fixed-Rate Reset Noncumulative Perpetual Preferred Stock, Series A (par value $1.00 per share) Underwriting AgreementUnderwriting Agreement • March 7th, 2023 • Jackson Financial Inc. • Life insurance • New York
Jackson Financial Inc., a corporation organized under the laws of Delaware (the “Company”), proposes to sell to the several underwriters named in Schedule II hereto (the “Underwriters”), for whom you are acting as representatives (the “Representatives”), 22,000,000 depositary shares (the “Underwritten Securities”), each representing a 1/1,000th interest in a share of Fixed-Rate Reset Noncumulative Perpetual Preferred Stock, Series A, of the Company (the “Preferred Stock”), and, at the option of the Underwriters, up to an additional 2,000,000 depositary shares (the “Option Securities”). The Underwritten Securities and the Option Securities are herein referred to as the “Securities.” The Preferred Stock shall have the rights, powers and preferences set forth in a certificate of designations (the “Certificate of Designations”) to be filed by the Company with the Secretary of State of the State of Delaware on or prior to the Closing Date (as defined below). The Preferred Stock will, when i
