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ABOUT MIDLAND NATIONAL

History
Midland National's story is a classic example of American perseverance and ingenuity. Founded in 1906¹, Midland National has survived two world wars, the Great Depression, the Dust Bowl, and multiple recessions. Now with over 100 years under its belt, Midland National holds over 1 million life insurance and annuity policies with assets² of $30 billion.

Stability
As part of a privately held company, we are not subject to the short-term earnings pressures that publicly held companies face. We are a company with plans to perpetuate itself for hundreds of years, not the next quarter or fiscal year. We focus on the long term. We focus on you.

Ownership
Midland National is a member of Sammons Financial Group, a privately owned insurance holding company. Private ownership, in part by employee owners³, makes Midland National unique in the life insurance industry. This kind of ownership creates an atmosphere where personal, efficient service is the priority.

With life operations located in Sioux Falls, South Dakota, the Annuity Division located in West Des Moines, Iowa, and Corporate Markets located in Fargo, North Dakota, Midland National operates in 49 states, the District of Columbia, Puerto Rico, Guam, the Virgin Islands, the island of Anguilla, and on several overseas military installations.

Strength
We are committed to responsible investing and a conservative investment strategy both of which have served the company well during difficult economic times. We consistently receive high ratings from third-party independent reporting and rating companies.

A+ (Superior) A.M. Best⁴
A+ (Strong) Rating Standard & Poor's⁵
Named to Weiss Ratings' Strongest Life and Annuity Insurers List⁶

¹ Midland National was originally founded as Dakota Mutual in 1906.

² Statutory basis 2011.

³ "Employees" of the member companies of SFG and Sammons Enterprises do not include independent insurance producers, registered representatives, regional sales directors, or broker-dealers appointed with North American Company for Life and Health Insurance, Midland National Life Insurance Company or Sammons Securities Company.

⁴ A.M. Best is a large third-party independent reporting and rating company that rates an insurance company on the basis of the company's financial strength, operating performance and ability to meet its obligations to policyholders. A+ is the second highest rating out of 15 categories and was affirmed for Midland National as part of Sammons Financial Group on May 24, 2012. For the latest rating, access www.ambest.com.

⁵ Standard and Poor's awarded its "A+" (Strong) rating for insurer financial strength on February 26, 2009 and affirmed on April 23, 2012 to Midland National Life Insurance Company as part of Sammons Financial Group. The "A+" (Strong) rating, is the fifth highest out of 22 available ratings.

⁶ Weiss Ratings is an independent third party rating firm that rates on the basis of financial strength. Weiss' ratings range from A+ to E (+ for the upper third of each grade range and - for the lower third of each grade range), and Midland National's B+ rating places Midland National on the Weiss' Strongest Life and Annuity Insurers List.

The above ratings apply to Midland National's financial strength and claims paying ability. These ratings do not apply to the safety or performance of the variable accounts which will fluctuate in value.

Sammons Financial Group is comprised of Midland National Life Insurance Company, Sammons Annuity Group (a division of Midland National), Sammons Corporate Market Group (a division of Midland National), North American Company for Life and Health Insurance^®, Sammons Securities Company^®, LLC., Sammons Retirement Solutions, Inc.^SM and Sammons Financial Network, LLC^SM.

The broker/dealer for Midland National's variable products is Sammons Securities Co.^®, member FINRA / SIPC. Sammons Securities Co.^® is a registered broker/dealer under the Securities Exchange Act of 1934. Sammons Securities Co.^® is an indirect wholly owned subsidiary of Sammons Enterprises, Inc., of Dallas, Texas, the ultimate parent company of Midland National.

Rev. 6/12

2014 Convention

Final determination of convention qualification will be at the sole discretion of Midland National. We reserve the right to deny attendance to any qualifier. Conventions and contests can be cancelled without notice and without any obligation on the part of the Company to any club member or qualifier.