Asset Allocation Program 2 nd Quarter Model Changes



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Model Changes Conservative You have elected to participate in the Asset Allocation Program and have selected the Conservative Model. Under the Asset Allocation Program, the investment advisor for the program, Transamerica Asset Management, Inc. (TAM), reviews the composition of each model on a quarterly basis and may make adjustments in the composition of the model. The composition of the Conservative Model before and after the adjustments, which will be effective on April 1, 2016, is shown below. and Conservative 25% 25% 75% 75% 25% BlackRock Basic Value V.I. Fund 3% BlackRock Capital Appreciation V.I. Fund 3% BlackRock International V.I. Fund 3% Columbia VP Select Smaller-Cap Value Fund 2% Invesco V.I. Comstock Fund 3% Invesco V.I. International Growth Fund 3% MFS Growth Series 5% Transamerica Barrow Hanley Dividend Focused VP 3% 75% BlackRock U.S. Government Bond V.I. Fund 25% PIMCO Total Return Portfolio 33% BlackRock Total Return V.I. Fund 17% 25% BlackRock Basic Value V.I. Fund 3% BlackRock Capital Appreciation V.I. Fund 3% BlackRock International V.I. Fund 3% Columbia VP Select Smaller-Cap Value Fund 2% Invesco V.I. Comstock Fund 3% Invesco V.I. International Growth Fund 3% MFS Growth Series 5% Transamerica Barrow Hanley Dividend Focused VP 3% 75% BlackRock U.S. Government Bond V.I. Fund 25% PIMCO Total Return Portfolio 33% BlackRock Total Return V.I. Fund 17% VPOMLC0216 Code: 101549-0216

Model Changes Moderately Conservative You have elected to participate in the Asset Allocation Program and have selected the Moderately Conservative Model. Under the Asset Allocation Program, the investment advisor for the program, Transamerica Asset Management, Inc. (TAM), reviews the composition of each model on a quarterly basis and may make adjustments in the composition of the model. The composition of the Moderately Conservative Model before and after the adjustments, which will be effective on April 1, 2016, is shown below. and Moderately Conservative BlackRock Basic Value V.I. Fund 4% BlackRock Capital Appreciation V.I. Fund 4% BlackRock International V.I. Fund 4% Columbia VP Select Smaller-Cap Value Fund 3% Invesco V.I. Comstock Fund 5% Invesco V.I. International Growth Fund 6% MFS Growth Series 9% Transamerica Barrow Hanley Dividend Focused VP 5% BlackRock U.S. Government Bond V.I. Fund 20% PIMCO Total Return Portfolio 26% BlackRock Total Return V.I. Fund 14% BlackRock Basic Value V.I. Fund 4% BlackRock Capital Appreciation V.I. Fund 4% BlackRock International V.I. Fund 4% Columbia VP Select Smaller-Cap Value Fund 3% Invesco V.I. Comstock Fund 5% Invesco V.I. International Growth Fund 6% MFS Growth Series 9% Transamerica Barrow Hanley Dividend Focused VP 5% BlackRock U.S. Government Bond V.I. Fund 20% PIMCO Total Return Portfolio 26% BlackRock Total Return V.I. Fund 14% VPOMLMC0216 Code: 101550-0216

Model Changes Moderate You have elected to participate in the Asset Allocation Program and have selected the Moderate Model. Under the Asset Allocation Program, the investment advisor for the program, Transamerica Asset Management, Inc. (TAM), reviews the composition of each model on a quarterly basis and may make adjustments in the composition of the model. The composition of the Moderate Model before and after the adjustments, which will be effective on April 1, 2016, is shown below. and Moderate BlackRock Basic Value V.I. Fund 6% BlackRock Capital Appreciation V.I. Fund 7% BlackRock International V.I. Fund 8% Invesco V.I. Comstock Fund 7% Invesco V.I. International Growth Fund 8% MFS Growth Series 12% Transamerica Barrow Hanley Dividend Focused VP 7% BlackRock U.S. Government Bond V.I. Fund 13% PIMCO Total Return Portfolio 18% BlackRock Total Return V.I. Fund 9% BlackRock Basic Value V.I. Fund 6% BlackRock Capital Appreciation V.I. Fund 7% BlackRock International V.I. Fund 8% Invesco V.I. Comstock Fund 7% Invesco V.I. International Growth Fund 8% MFS Growth Series 12% Transamerica Barrow Hanley Dividend Focused VP 7% BlackRock U.S. Government Bond V.I. Fund 13% PIMCO Total Return Portfolio 18% BlackRock Total Return V.I. Fund 9% VPOMLM0216 Code: 101551-0216

Model Changes Moderately Aggressive You have elected to participate in the Asset Allocation Program and have selected the Moderately Aggressive Model. Under the Asset Allocation Program, the investment advisor for the program, Transamerica Asset Management, Inc. (TAM), reviews the composition of each model on a quarterly basis and may make adjustments in the composition of the model. The composition of the Moderately Aggressive Model before and after the adjustments, which will be effective on April 1, 2016, is shown below. and Moderately Aggressive 30% 30% 70% 70% 70% BlackRock Basic Value V.I. Fund 7% BlackRock Capital Appreciation V.I. Fund 10% BlackRock International V.I. Fund 10% Invesco V.I. Comstock Fund 8% Invesco V.I. International Growth Fund 11% MFS Growth Series 11% 30% BlackRock U.S. Government Bond V.I. Fund 10% PIMCO Total Return Portfolio 13% BlackRock Total Return V.I. Fund 7% 70% BlackRock Basic Value V.I. Fund 7% BlackRock Capital Appreciation V.I. Fund 10% BlackRock International V.I. Fund 10% Invesco V.I. Comstock Fund 8% Invesco V.I. International Growth Fund 11% MFS Growth Series 11% 30% BlackRock U.S. Government Bond V.I. Fund 10% PIMCO Total Return Portfolio 13% BlackRock Total Return V.I. Fund 7% VPOMLMA0216 Code: 101552-0216

Model Changes Aggressive You have elected to participate in the Asset Allocation Program and have selected the Aggressive Model. Under the Asset Allocation Program, the investment advisor for the program, Transamerica Asset Management, Inc. (TAM), reviews the composition of each model on a quarterly basis and may make adjustments in the composition of the model. The composition of the Aggressive Model before and after the adjustments, which will be effective on April 1, 2016, is shown below. and Aggressive 20% 20% 80% 80% 80% BlackRock Basic Value V.I. Fund 8% BlackRock Capital Appreciation V.I. Fund 11% BlackRock International V.I. Fund 12% Columbia VP Select Smaller-Cap Value Fund 6% Invesco V.I. Comstock Fund 9% Invesco V.I. International Growth Fund 13% MFS Growth Series 13% 20% BlackRock U.S. Government Bond V.I. Fund 7% PIMCO Total Return Portfolio 9% BlackRock Total Return V.I. Fund 4% 80% BlackRock Basic Value V.I. Fund 8% BlackRock Capital Appreciation V.I. Fund 11% BlackRock International V.I. Fund 12% Columbia VP Select Smaller-Cap Value Fund 6% Invesco V.I. Comstock Fund 9% Invesco V.I. International Growth Fund 13% MFS Growth Series 13% 20% BlackRock U.S. Government Bond V.I. Fund 7% PIMCO Total Return Portfolio 9% BlackRock Total Return V.I. Fund 4% VPOMLA0216 Code: 101553-0216