FIXED ANNUITY Assured Edge Income Achiever SM A

FIXED ANNUITY Assured Edge Income Achiever SM A fixed annuity with a flexible guaranteed lifetime withdrawal benefit Annuities issued by American General Life Insurance Company (AGL) Guarantees are backed by the claims-paying ability of AGL. Not FDIC or NCUA/NCUSIF Insured May Lose Value • No Bank or Credit Union • Guarantee Not a Deposit • Not Insured by any Federal Government Agency FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION.

Agenda 1 Product highlights 2 Guaranteed lifetime income 3 Product summary FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 2

Product highlights FORFINANCIALPROFESSIONAL USE ONLYFOR ONLY- NOTFOR FORPUBLICDISTRIBUTION.

Product highlights Simple, guaranteed income for life One of the concerns every retiree faces is the possibility of outliving their savings. Assured Edge Income Achiever can help address that concern. It offers clients the ability to receive income for life, even if their account value is reduced to zero, as long as withdrawals are made within the parameters of the product. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 4

Product highlights Key advantages: § Simple design with no income base 1 § An annual income credit based on a 6% income growth rate until client activates lifetime income § The flexibility to make changes to covered person(s) on or before activating lifetime income 2 § Contract value protected because there is no market participation § Access to contract value 3 § Rider fee is based on the contract value which will decline as withdrawals are taken 1 Initial Income determined at issue based on age at issue and single or joint coverage; income credit increases the guaranteed lifetime income amount. the event there is more than one covered person, covered persons must be married to each other. If a change to a covered person occurs due to a life change event or on the activation date, at least one of the original covered persons named at issue must remain as one of the covered persons. The new covered person added must have been at least 50 as of the original contract issue date and cannot be older than age 80 at the time they are added to the contract. Available income options may vary depending upon individual circumstances as of the activation date. 3 Annuitization not required to generate guaranteed lifetime income. Client retains access to remaining contract value. 2 In FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 5

Product highlights More ways to offer clients a potential INCOME ADVANTAGE! • 5. 7% (5. 2% Joint) immediate income at age 65 Protect Grow Guarantee • Increase future income based on a 6% income growth rate each year before lifetime income begins • • • No market risk Guaranteed interest rate Access to contract value Rates are subject to change. Withdrawals may be subject to federal and/or state income taxes. An additional 10% federal early withdrawal tax penalty may apply if clients make withdrawals or surrender the annuity before age 59½. A tax advisor should be consulted regarding clients' specific situations. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 6

Product highlights Preparing for the challenges of retirement You may live longer than you expect. 50% For a couple, both age 65: 25% chance that one spouse will live to age 97 chance that at least one spouse will live to age 93 Source: Society of Actuaries 2012 Individual Annuitant Mortality Tables, assumes a couple both age 65. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 7

Product highlights You may not know how much to safely withdraw from savings & investments. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 8

Product highlights Research shows that in today’s interest rate and market environment, you may only be able to withdraw 2. 3% (inflation adjusted spending) from a portfolio allocated 50% to stocks and 50% to bonds and have a 90% chance of your income lasting for a 30 -year retirement. Today’s Sustainable Withdrawal Rate from an investment portfolio as of April 2020 Investment Strategy Inflation (CPI-U) Adjusted Spending , Rule”) (i. e. , “the 4% Conservative Moderate Aggressive 1. 55% 2. 29% 3. 41% Note: The Conservative strategy uses a 25% stock allocation and seeks a 95% chance that real wealth will not fall below 20% of its initial level by year 35 of retirement. The moderate strategy uses a 50% stock allocation and seeks a 90% chance that real wealth will not fall below 15% of its initial level by year 30 of retirement. The aggressive strategy uses a 75% stock allocation and seeks an 80% chance that real wealth will not fall below 10% of its initial level by year 25 of retirement. Analysis assumes that withdrawals are made at the start of each year, retirees earn the underlying indexed market returns, and market return simulations are based on capital market assumptions starting from today’s level of interest rates. Source: Wade D. Pfau, Ph. D. , CFA, www. retirementresearcher. com/dashboard. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 9

Product highlights Assured Edge Income Achiever can provide your clients with an additional stream of guaranteed lifetime income to help enhance their retirement income security Other Savings and Investments Reposition Assets Social Security and Pensions NON-GUARANTEED income sources Annuities Social Security and Pensions GUARANTEED income sources Be sure to assess your clients’ suitability for the annuity you are offering and give complete details about the product including limitations and risks. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 10

Product highlights Meet Richard • • Needs $50, 000 per year to cover his total annual retirement expenses. He will receive $20, 000 in guaranteed income from Social Security and a pension, leaving a $30, 000 income gap. He has $750, 000 in retirement assets earmarked for retirement income and he is considering two different income strategies. Scenario 1: Unprotected systematic withdrawal strategy In this scenario, Richard takes a $30, 000 systematic withdrawal from his $750, 000 portfolio to cover the income gap. • His portfolio withdrawal rate – how much he withdraws from his retirement savings portfolio each year – is 4% ($30, 000/$750, 000). • His income reliability ratio – how much he can rely on his portfolio for guaranteed income – is 40% ($20, 000/$50, 000). After 20% decline in account value After 0% 0% decline in in account value After Portfolio balance: $750, 000 Portfolio withdrawal rate: 4% Income reliability ratio: 40% Social Security/ Pension $20, 000 Portfolio balance: $600, 000 Portfolio withdrawal rate: Portfolio withdrawal $30, 000 5% Income reliability ratio: 40% Assuming a 20% decline in account value, his new portfolio withdrawal rate is 5%, putting greater pressure on his portfolio to provide lifetime income. In today’s environment, Richard’s portfolio withdrawal rate and low income reliability ratio increase his probability of outliving his savings. If the market declines, even more pressure will be put on his portfolio to provide lasting income while using a withdrawal rate that may not be sustainable over the long term. This hypothetical example is for illustrative purposes only. Not an actual case and intended solely to depict how the product features might work. It does not reflect the value of any specific policy. Restrictions and limitations apply. 11 FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION.

Product highlights Scenario 2: Protected income floor strategy with Assured Edge Income Achiever • Richard repositions $200, 000 of his overall portfolio to Assured Edge Income Achiever fixed annuity to generate an annual guaranteed lifetime income amount of $11, 400, assuming a current income percentage of 5. 7% Single Life. • This strategy reduces his income gap from $30, 000 to $18, 600. After 20% decline in account value Portfolio balance: $750, 000 Social Security/ Pension $20, 000 • Investments: $550, 000 • Annuity: $200, 000 Portfolio withdrawal rate: 3. 4% Income reliability ratio: Portfolio balance: $640, 000 Portfolio withdrawal $18, 600 Assured Edge $12, 550 $11, 400 63% • Investments: $440, 000 • Annuity: $200, 000 Portfolio withdrawal rate: 4. 3% Income reliability ratio: 63% In the event of a portfolio decline of 20%, Richard’s withdrawal rate would be 4. 3% (vs. the 5% associated with the systematic withdrawal strategy, post decline). The result? Richard is protected and: • Pressure is taken off of Richard’s investment portfolio withdrawal strategy • His income reliability ratio has increased from 40% to 63% What’s more, with Assured Edge Income Achiever, if Richard did not need income right away, he would also have the opportunity to increase his guaranteed lifetime income amount based on a 6% income growth rate every year he doesn’t take a withdrawal until lifetime withdrawals begin. This hypothetical example is for illustrative purposes only. Not an actual case and intended solely to depict how the product features might work. It does not reflect the value of any specific policy. Restrictions and limitations apply. 12 FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION.

Product highlights Protecting against the unexpected Asset Insured? Value ? ? Odds of major fire damage over the next 30 years: less than 1% Probability of a 60 -year-old male dying within five years: less than 10% In 2013, there was only 1 crash for every 45 registered vehicles in the U. S Historically, the stock market has experienced a decline of 20% or more approximately once every three years Sources (in order of boxes above): True Odds: How Risk Affects Your Everyday Life; U. S. 1991, Age Nearest, Male, Mortality Table; U. S. Department of Transportation 2015; Dow Jones Industrial Average, daily closes, 1/2/1900 -12/31/2015. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 13

Guaranteed lifetime income FORFINANCIALPROFESSIONAL USE ONLYFOR ONLY- NOTFOR FORPUBLICDISTRIBUTION.

Guaranteed lifetime income How does the GLWB work? Covered person(s) § The initial guaranteed lifetime income amount (GLIA) is set at issue. § The initial GLIA is calculated by multiplying the total eligible premiums by an income percentage, as determined by client’s age at issue and choice of single or joint coverage. § Here a few sample ages and income percentages. Contact Sales Support to receive the most recent percentages. Age at issue Single Joint 50 4. 20% 3. 70% 55 4. 70% 4. 20% 60 5. 20% 4. 70% 65 5. 70% 5. 20% 70 5. 95% 5. 45% 75 6. 20% 5. 70% 80 6. 45% 5. 95% This hypothetical example is for illustrative purposes only. Not an actual case and intended solely to depict how the product features might work. It does not reflect the value of any specific contract. NOTE: GLIA is recalculated at each contract anniversary. A change in covered person(s) will also cause the GLIA to be recalculated. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 15

Guaranteed lifetime income The maximum amount that the client may withdraw each contract year under the guaranteed lifetime withdrawal benefit is referred to as the guaranteed lifetime income amount (GLIA). Here’s how we calculate the initial guaranteed lifetime income amount: Initial Guaranteed Lifetime Income Amount (GLIA) 5. 7% X Income percentage $100, 000 Eligible premium = $5, 700 Per year Hypothetical example assumes a single covered person with a $100, 000 premium • • Clients can elect to activate lifetime income when the time is right for them Once lifetime income is activated, clients can count on guaranteed income for as long as they – or they and their spouse – live, based on the options chosen This hypothetical example is for illustrative purposes only. Not an actual case and intended solely to depict how the product features might work. It does not reflect the value of any specific contract. NOTE: GLIA is recalculated at each contract anniversary. A change in covered person(s) will also cause the GLIA to be recalculated. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 16

Guaranteed lifetime income A hypothetical example • $100, 000 eligible premium • No withdrawals taken • Hypothetical income percentage: 5. 7% • Guaranteed lifetime income • Income growth rate: 6% withdrawals begin in five years • Step 1 First, we calculate the initial guaranteed lifetime income amount (GLIA): Step 2 Then, we calculate the annual income credit: Step 3 We recalculate the GLIA when clients elect to begin taking lifetime income withdrawals: Initial Guaranteed Lifetime Income Amount (GLIA) AT AGE 65 5. 7% X Guaranteed Lifetime Income Amount (GLIA) AT AGE 65 $100, 000 = Income percentage Eligible premium X $5, 700 Income Credit AT AGE 65 No changes in covered persons Initial GLIA $5, 700 Initial GLIA 6% Per year = Income growth rate + $342 X 5 Income credit X deferral years $5, 700 = $342 Per year until lifetime income activation $7, 410 Per year This hypothetical example is for illustrative purposes only. Not an actual case and intended solely to depict how the product features might work. It does not reflect the value of any specific contract. NOTE: GLIA is recalculated at each contract anniversary. Withdrawals before activating lifetime income will reduce the income credit and the GLIA proportionally, thereby reducing future guaranteed lifetime income. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 17

Guaranteed lifetime income Hypothetical scenario: single coverage example • Premium: $100, 000 • Income starts in seven years • Income percentage: 5. 7% $8, 940 $8, 094 $5, 700 0 1 2 3 4 5 6 7 Contract year Increase from income credit GLIA 0 N/A $5, 700 1 +$342 $6, 042 2 +$342 $6, 384 3 +$342 $6, 726 4 +$342 $7, 068 5 +$342 $7, 410 6 +$342 $7, 752 7 +$342 $8, 094 8 N/A $8, 094 9 N/A $8, 094 This hypothetical scenario assumes no withdrawals for seven years. The initial GLIA is set at the end of the eligible premium period. This hypothetical example demonstrates the client being able to grow their future income payments based on a 6% income growth rate each year until lifetime income is activated. By deferring payments for seven years, the annual GLIA increases from $5, 700 to $8, 094. This hypothetical example is for illustrative purposes only. Not an actual case and intended solely to depict how the product features might work. It does not reflect the value of any specific contract. NOTE: GLIA is recalculated at each contract anniversary. A change in covered person(s) will also cause the GLIA to be recalculated. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 18

Guaranteed lifetime income Summary information for the GLWB § Client MUST submit an income activation form to begin receiving lifetime income. § The income credit, based on a 6% income growth rate, will be applied in every year until the client elects to activate income. Income withdrawals or annuitization must begin by age 95, otherwise the contract must be surrendered. § All withdrawals, including Required Minimum Distributions (RMDs), prior to beginning income will reduce the GLIA and the income credit proportionately thereby reducing future income. § After activating income, withdrawals above the GLIA (except for permitted RMDs) will be considered excess withdrawals. Withdrawals other than lifetime income may reduce lifetime benefits in an amount greater than the actual withdrawal if the contract value remaining is less than the GLIA. Additionally, if a withdrawal other than lifetime income reduces your contract value to zero, the contract and GLWB will terminate. § At any time, if a change in covered person occurs, the income percentage will be adjusted, resulting in a recalculation of the GLIA. This may increase or decrease the GLIA. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 19

Guaranteed lifetime income Withdrawals Before lifetime income is activated Withdrawals (including RMDs) will reduce the income credit and the GLIA proportionally, thereby reducing future guaranteed lifetime income. After lifetime income is activated After the income activation date, any withdrawal that exceeds the GLIA, except for permitted Required Minimum Distributions (RMDs), will reduce the GLIA. Permitted RMDs are based on this contract and do not exceed the greater of the GLIA or the RMD as calculated by us. § Withdrawals in excess of permitted free withdrawal amounts: − Withdrawals during the 10 -year (nine-year in California) initial interest rate guarantee term may be subject to withdrawal charges and any applicable MVA. − Withdrawals other than lifetime income may reduce lifetime benefits in an amount greater than the actual withdrawal if the contract value remaining is less than the GLIA. − If a withdrawal other than lifetime income reduces the contract value to zero, then the contract and withdrawal benefit terminate. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 20

Guaranteed lifetime income Assured Edge Income Achiever offers additional flexibility for changes in covered person(s) Subject to certain limitations, clients have the opportunity to change the number of individuals covered under the GLWB to meet varying income needs, or to address life change events. If a change to a covered person(s) is made, the income percentage will be adjusted, resulting in a recalculation of the GLIA. This may increase or decrease the GLIA. • Prior to activation date, changes to the covered person(s) may be made if a life change event occurs. Life change events are defined as marriage, divorce or death • At the activation date, clients can change, add or remove a covered person (with certain limitations) In the event there is more than one covered person, covered persons must be married to each other. If a change to a covered person occurs due to a life change event or on the activation date, at least one of the original covered persons named at issue must remain as one of the covered persons. The new covered person added must have been at least 50 as of the original contract issue date and cannot be older than age 80 at the time they are added to the contract. Available coverage options may vary depending upon individual circumstances as of the activation date. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 21

Product summary FORFINANCIALPROFESSIONAL USE ONLYFOR ONLY- NOTFOR FORPUBLICDISTRIBUTION.

Product summary Minimum Premium • $25, 000 Issue Ages • 50 – 80 • 10 -year initial interest rate guarantee term with corresponding withdrawal charge schedule (9%, 8%, 7%, 6%, 5%, 4%, 3%, 2%, 1%, 0%) or in California with a nine-year initial interest rate guarantee term and schedule (9%, 8%, 7%, 6%, 5%, 4%, 3%, 2%, 1%, 0%). Both initial guarantee terms have MVA that applies for the length of the term. Annual Rider Fee • Single & Joint Life: 0. 95% of contract value Initial Income Calculation • Initial guaranteed lifetime income amount determined at time of purchase equals premiums multiplied by issue-age income percentage and selection of single or coverage. Initial Interest Guarantee Term Income Credit Beginning Income Withdrawals Prior To Beginning Income Withdrawals After Beginning Income joint • The initial GLIA is multiplied by the 6% income growth rate to determine a dollar amount income credit that is added to the GLIA each year until client elects to activate lifetime income. It is not a rate of return and is not added to the contract value. • Withdrawals can begin as early as age 50. Must submit an income election form to begin income. • 10% and RMD withdrawals permitted under the contract free of withdrawal charges and MVA. All withdrawals before activating income (even RMDs) will reduce the income credit and the GLIA proportionally, thereby reducing future guaranteed lifetime income. • • After the income activation date, any withdrawal that exceeds the GLIA, except for permitted Required Minimum Distributions (RMDs), will reduce the GLIA. Permitted RMDs are based on this contract and do not exceed the greater of the GLIA or the RMD amount as calculated by us. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 23

Product summary Covered Person(s) Changes to Covered Person(s) Single covered person – Must be the owner and the annuitant (except for non-natural owners). Joint owners must be spouses and may select benefits to be based on a single person. The GLWB terminates upon the death of the single covered person. Joint covered persons – Must be spouses or a single owner with the spouse designated as the sole primary beneficiary. The surviving spouse must continue the contract to receive lifetime benefits. The GLWB terminates upon the death of the surviving spouse. Prior to the activation date, you can make changes to the covered person(s) if a life change event occurs. Life change events are defined as marriage, divorce or death. Additionally, at the income activation date, clients may be able to add a new covered person or remove or change one of the covered persons who were initially named when the contract was issued, subject to certain limitations. If a change to a covered person occurs, at least one of the original covered persons named at issue must remain as one of the covered persons under the feature. In addition, any new covered person added: • Must have been at least age 50 as of the date the contract was originally issued. • Cannot be older than age 80 at the time they are added to the contract. • In the event there is more than one covered person, they must be married to each other. • Available coverage options may vary depending upon individual circumstances as of the activation date. Changes to covered person(s) may increase or decrease your GLIA. Once you activate lifetime income, the covered person(s) cannot be changed for any reason. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 24

Product summary Market value adjustment (MVA) § MVA is an adjustment that can either increase or decrease the withdrawal amount depending on the current interest rate environment. − − Based on changes in an external index as referenced in the contract If interest rates rise, the MVA will decrease the withdrawal amount If interest rates are down, the MVA will increase the withdrawal amount Should an MVA decrease apply, the reduction will not result in receiving less than the minimum withdrawal value as defined in the contract or MVA endorsement § An MVA will apply to: − Withdrawals above the penalty-free withdrawal amount made during the initial interest rate guarantee term § An MVA will not apply to: − − − Withdrawals less than or equal to the GLIA after income withdrawals begin 10% penalty-free withdrawals or other free withdrawals Death benefit Annuitization Permitted RMDs The minimum withdrawal value under the contract FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 25

Product summary Additional details Withdrawal Charge Waivers The following riders allow you to make withdrawals without a withdrawal charge or MVA decrease when certain conditions are met. There is no charge for these riders. Details about utilizing the riders, including qualifying conditions and waiting periods, are set forth in the riders. These riders are not available in all states. If you choose to take a withdrawal under these riders, they may reduce benefits under the GLWB feature. Extended Care Waiver The owner must receive extended care for at least 90 consecutive days, beginning after the first contract year. The extended care may not have begun before the contract date. Terminal Illness Waiver The owner must be initially diagnosed with a terminal illness after the contract date. Only one partial withdrawal or a full withdrawal is permitted. Activities of Daily Living Waiver The owner must be unable to perform at least two of six activities of daily living for at least 90 consecutive days, beginning after the first contract year. Annuitization • • Client can annuitize the contract value after three years from contract date. Permanently converts the contract value to a series of payments; withdrawal charges and any MVA will not apply to annuitized funds. GLWB feature and the annual fee will automatically be canceled and lifetime income withdrawals under the GLWB will cease. Latest annuity date (maturity date) is at owner’s age 95. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 26

Product summary Additional details When income must begin If the contract value is greater than zero at age 95 (if joint owned, based on the age of the older owner) and guaranteed lifetime withdrawal benefits have not begun clients may: • Activate income under the guaranteed lifetime withdrawal benefit • Annuitize the remaining contract value and choose an income plan • Surrender the contract and withdraw the remaining contract value We will automatically begin lifetime income withdrawals if client does not take action by the contract maturity date of age 95. For tax-qualified annuities, generally income must begin by April 1 of the year after the annuitant reaches age 72 unless RMD requirements are being satisfied elsewhere. However, the contract must be annuitized, surrendered or GLWB income must begin no later than age 95. Death benefit Payable on death of owner. Equals the greater of the contract value (without withdrawal charge or MVA) or the minimum withdrawal value. For Joint GLWB coverage, surviving spouse must continue the contract to receive lifetime income payments. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 27

Important Information Annuities are long-term products designed for retirement. Retirement accounts such as IRAs can be tax deferred regardless of whether or not they are funded with an annuity. The purchase of an annuity within an IRA does not provide additional tax-deferred treatment of earnings. However, annuities do provide other features and benefits. Withdrawals may be subject to federal and/or state income taxes. A 10% federal early withdrawal tax penalty may apply if taken before age 59½ in addition to ordinary income tax. Partial withdrawals may reduce benefits and contract value. This material is general in nature, was developed for educational use only, and is not intended to provide financial, legal, fiduciary, accounting or tax advice, nor is it intended to make any recommendations. Applicable laws and regulations are complex and subject to change. Please consult with your financial professional regarding your situation. For legal, accounting or tax advice consult the appropriate professional. Annuities issued by American General Life Insurance Company (AGL), Houston, TX. Issuing company AGL is responsible for financial obligations of insurance products and is a member of American International Group, Inc. (AIG). May not be available in all states and product features may vary by state. Please refer to the contract. © American International Group, Inc. All rights reserved. AGL A 3445 (012/2020) J 557707 Contract #s: ICC 16: 224; Rider #s: ICC 18: AGE-8065 (8/18) FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION. 28

FIXED ANNUITY Assured Edge Income Achiever SM A fixed annuity with a flexible guaranteed lifetime withdrawal benefit Thank you. Annuities issued by American General Life Insurance Company (AGL) Guarantees are backed by the claims-paying ability of AGL. FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION.