National Farm Life Insurance Board Elects Dr. Kyle W. McGregor as Chairman

Fort Worth, Texas — National Farm Life Insurance Company (NFLIC) announced today that its Board of Directors has elected Dr. Kyle W. McGregor, Chairman, President and Chief Executive Officer, to serve as Chairman of the Board, effective immediately following the company's Annual Stockholders Meeting.

Dr. McGregor has served as a member of the company's Board of Directors since 2009 and succeeds J.D. "Chip" Davis, who is stepping away from the role after a distinguished tenure of leadership with the company.

Dr. McGregor previously served as President and Chief Executive Officer of NFLIC. He joined the company as an employee in 2020 and has played a key role in guiding the company's strategic growth, strengthening its financial position, and expanding its commitment to serving policyholders and agents across Texas. Since 2021, the company has experienced measurable growth under his leadership, including a 5% increase in issued premium, an 11% increase in first-year collected premium, a 4% increase in net admitted assets, and a 19% increase in capital and surplus. Twice during this period, the company has set new historical production records. Prior to joining the company as an employee, Dr. McGregor was elected to the Board of Directors in 2009 and has contributed to the company's governance and long-term strategic direction for more than a decade.

As Chairman, President and Chief Executive Officer, Dr. McGregor will continue to lead the company while working closely with the Board of Directors to advance NFLIC's long-term mission and strategy.

"I am honored by the Board's trust and grateful for the opportunity to serve as Chairman," said Dr. McGregor. "I appreciate the confidence and support of our entire Board of Directors and the leadership each of them brings to National Farm Life. I am especially grateful to Chip Davis for his service as Chairman, and National Farm Life's officers for their expertise and many years of dedication to the company. I look forward to continuing to work with the Board as we guide National Farm Life into its next chapter."

About National Farm Life Insurance Company

Celebrating its 80th Anniversary, NFLIC was founded in 1946 in the Historic Fort Worth Stockyards. The company offers products through more than 1,300 independent agents and is dedicated to providing life insurance solutions designed to help families and individuals achieve financial security and long-term peace of mind. NFLIC remains committed to strong financial performance, policyholder value, and trusted service through its network of independent agents