New York Life Premium Plus Variable Annuity Performance ...

New York Life Premium Plus Variable Annuity Performance Summary As of September 30, 2019

For policies purchased before June 2, 2003

To obtain a copy of the product and funds prospectuses, please contact your NYLIFE Securities LLC Registered Representative or call 1-800-598-2019. Investors are asked to consider the investment objectives, risks, charges and expenses of the investment carefully before investing. Both the product prospectus and the underlying fund prospectuses contain this and other information about the product and underlying Investment Options. Please read the prospectuses carefully before investing. 1 Performance for the classes/shares in this performance summary do not impose a 12b-1 fee (except for Fidelity? VIP Mid Cap ? Service Class 2, Victory VIF Diversified Stock ? Class A Shares, Neuberger Berman AMT Mid-Cap Growth Portfolio ? Class S, Columbia Variable Portfolio ? Small Cap Value Fund ? Class 2, MainStay VP Floating Rate ? Service Class, MainStay VP Balanced ? Service Class, MainStay Conservative Allocation ? Service Class, MainStay VP Growth Allocation ? Service Class, MainStay VP Moderate Allocation ? Service Class, MainStay VP Moderate Growth Allocation ? Service Class, MainStay VP Unconstrained Bond? Service Class, BlackRock? Global Allocation Fund V.I. ? Class III Shares, MainStay VP Fidelity Institutional AMSM Utilities ? Service Class, MainStay VP PIMCO Real Return ? Service Class, MainStay VP IQ Hedge Multi-Strategy - Service Class , Invesco V.I. American Value Fund - Series II , Morgan Stanley VIF U.S. Real Estate - Class II, American Funds IS New World Fund - Class 4, BlackRock? High Yield V.I. Fund ? Class III Shares, Fidelity? VIP Growth Opportunities ? Service Class 2, Invesco V.I. International Growth Fund - Series II, PIMCO VIT International Bond Portfolio (U.S. Dollar-Hedged) - Advisor Class, PIMCO VIT Total Return Portfolio - Advisor Class, American Funds IS Global Small Cap Fund? ? Class 4, Columbia Variable Portfolio -- Commodity Strategy Fund -- Class 2, Columbia Variable Portfolio -- Emerging Markets Bond Fund -- Class 2, MainStay VP Cushing Renaissance Advantage -- Service Class, DWS Alternative Asset Allocation VIP - Class B, MainStay VP Small Cap Core - Service Class, PIMCO VIT Low Duration Portfolio - Advisor Class, ClearBridge Variable Appreciation Portfolio -- Class II, MFS? International Intrinsic Value Portfolio ? Service Class, MainStay VP Indexed Bond ? Service Class, American Funds IS Growth Fund - Class 4, Delaware VIP Small Cap Value - Service Class, Janus Henderson VIT Enterprise Portfolio - Service Shares, American Funds IS Blue Chip Income and Growth Fund - Class 4, Fidelity Emerging Markets - Service Class 2, American Funds IS Asset Allocation Fund - Class 4, Fidelity? VIP FundsManager? 60% -- Service Class, Fidelity? VIP Health Care -- Service Class 2, Fidelity? VIP International Index -- Service Class 2) and may be higher than the returns for those classes/shares that do impose a 12b -1 fee. Contact your NYLIFE Securities LLC Registered Representative or call 1-800-598-2019 for more information. Investment Division Inception Date is the date in which the Investment Division is first offered in the product. Portfolio Inception Date is the date that the Portfolio in which the Investment Division invests was first offered. 2 Assumes no deduction for contingent deferred sales charge. 3 Volatility/Risk Levels are assigned by New York Life. The Investment Divisions are grouped by risk classifications that reflect performance volatility based on Morningstar classifications as of December 31, 2018. Morningstar is a widely used independent research firm, which ranks mutual funds and other investment companies by overall performance, investment objectives and assets. While there is no standard definition, generally "alternative" funds include nontraditional asset classes or strategies and/or illiquid assets. Alternative investments are speculative, can carry substantial risk, and may not be appropriate for all investors. For those investors who are able to bear greater risk in return for the opportunity they provide, alternative investments may be appropriate. 4 Certain Portfolios existed prior to the date that they were added as Investment Divisions of the Separate Account. The performance for the MainStay VP Funds Trust. Service class portfolios are based on the Initial Class Portfolio (where applicable). The performance for all other Investment Divisions is based on the Portfolio Inception Date reflected in the performance summary. The hypothetical performance of the Investment Divisions was derived from the performance of the corresponding Portfolio, modified to reflect Separate Account and Fund annual expenses as if the policy had been available during the periods shown. 5 The S&P 500 Index is an unmanaged index and is widely regarded as the standard for measuring Large -Cap U.S. stock market performance. "S&P 500" is a trademark of the McGraw-Hill Companies, Inc. and has been licensed for use by the MainStay VP MacKay S&P 500 Index Portfolio. The MainStay VP MacKay S&P 500 Index Portfolio is not sponsored, endorsed, sold or promoted by Stan dard & Poor's and Standard and Poor's makes no representation regarding the advisability of investing in the MainStay VP MacKay S&P 500 Index Portfolio. Investors cannot invest directly in an Index. 6 New allocations to the MainStay VP Eagle Small Cap Growth ? Initial Class Investment Division will not be accepted from Policyow ners who were not invested in the MainStay VP Eagle Small Cap Growth ? Initial Class on February 17, 2012. For existing Policyowners, if you remove all of your Accumulation Value from the MainStay VP Eagle Small Cap Growth ? Initial Class Investment Division on or after February 17, 2012, you will not be able to reinvest in this Investment Divisions. 7 New allocations to the MainStay VP Janus Henderson Balanced ? Initial Class Investment Division will not be accepted from Policy owners who were not invested in the MainStay VP Janus Henderson Balanced ? Initial Class on February 17, 2012. For existing Policyowners, if you remove all of your Accumulation Value from the MainStay VP Janus Henderson Balanced ? Initial Class Investment Division on or after February 17, 2012, you will not be able to reinvest in this Investment Divisions. The MainStay VP J anus Henderson Balanced ? Service Class imposes a 12b-1 fee. 8 An Investment in the MainStay VP U.S. Government Money Market Portfolio is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency and there can be no assurance that the Portfolio will be able to maintain a stable net asset value. Although the Portfolio seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Portfolio. The current yield more closely reflects the Portfolio's earnings than the total return figures shown. The fund's sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time. 9 New allocations to the MainStay VP MacKay Growth, MainStay VP Emerging Markets Equity, MainStay VP T. Rowe Price Equity Incom e and Victory VIF Diversified Stock Investment Divisions will not be accepted from Policyowners who were not invested in the Investment Divisions on November 13, 2017. For existing Policyowners, if you remove all of your Accumulation Value from these Investment Divisions on or after November 13, 2017, you will not be able to reinvest in these Investment Divisions. The Service Class versions of these Investment Divisions impose a 12b-1 fee. 10 On May 1, 2019, MainStay VP Epoch U.S. Small Cap merged into MainStay VP MacKay Small Cap Core. 11 As of the date hereof, NYLIAC substituted shares of MainStay VP MacKay Small Cap Core ? Service Class (the "Prior Fund") with shares of MainStay VP MacKay Small Cap Core ? Initial Class (the "Replacement Fund"). Any allocation in the Prior Fund has been redeemed to purchase accumulation units in the Replacement Fund. All policyowners affected by the substitution will receive a written confirmation of the transaction. Policyowners won't incur any fees, charges or tax liability because of the substitution. NYLIAC or an affiliate will pay all expenses in connection with the substitution. As of the date hereof, no new allocations or transfers will be accepted into the Prior Fund. Performance information less than 1 year has not been annualized. Historically, certain fees have been assumed or reduced by some of the portfolios. Had these expenses not be assumed or redu ced, the total return for those Investment Divisions would have been lower. The New York Life Premium Plus Variable Annuity is a flexible premium deferred annuity issued by NYLIAC. Under this policy, we will apply a credit to premiums paid in a percentage amount according to the credit rate schedule then in effect. Policies w ith a premium Credit may have higher fees and expenses, and may have longer surrender charge periods than policies that do not provide the Credit feature. There may be circumstances in which the purchase of a New York Life Premium Plus Variable Annuity is less advantageous than the purchase of another New York Life variable annuity which may have lower fees but no credit. This may be the case, for example, if you intended to make fewer and smaller payments into the contract, or if you anticipate retaining th e contract for a significant time beyond the surrender charge period. Sales of the New York Life Premium Plus Variable Annuity were discontinued. Current policy owners may continue to make premi ums payments, subject to their contract provisions. Existing policies will continue to be serviced. New York Life Variable Annuities are long-term retirement products issued by New York Life Insurance and Annuity Corporation ("NYLIAC "), a Delaware Corporation, and offered by NYLIFE Securitei s LLC, Member FINRA/SIPC. Both NYLIAC and NYLIFE Securities LLC are wholly-owned subsidiaries of New York Life Insurance Company, 51 Madison Avenue, New York, New York 10010. There are fees, guidelines, risks, restrictions and limitations to consider when purchasing variable annuities. For costs and

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New York Life Premium Plus Variable Annuity Performance Summary Average Annual Total Return as of September 30, 2019 (Updated Monthly)

Portfolio

Investment Divisions1

Volatility/ Inception

Risk Level3

Date

Equity

MainStay VP MacKay Common Stock - Initial Class MainStay VP MacKay Growth - Initial Class9

High High

1/23/1984 1/29/1993

MainStay VP Cushing Renaissance Advantage -- Service Class MainStay VP Emerging Markets Equity - Initial Class9 MainStay VP Eagle Small Cap Growth - Initial Class6

Highest Highest

High

5/1/2015 2/17/2012 2/17/2012

MainStay VP Eagle Small Cap Growth ? Service Class

High

2/17/2012

MainStay VP Growth Allocation - Service Class

High

2/13/2006

MainStay VP MacKay International Equity - Initial Class

High

5/1/1995

MainStay VP Large Cap Growth - Initial Class

High

5/1/1998

MainStay VP MacKay Mid Cap Core - Initial Class MainStay VP MacKay S&P 500 Index - Initial Class5 MainStay VP MacKay Small Cap Core - Initial Class10, 11

High High High

7/2/2001 1/29/1993 5/2/2016

MainStay VP Mellon Natural Resources ? Initial Class American Funds IS Global Small Cap Fund? ? Class 4

Highest High

2/17/2012 12/14/2012

American Funds IS Growth Fund - Class 4

High 12/14/2012

American Funds IS New World Fund - Class 4

Highest 12/14/2012

ClearBridge Variable Appreciation Portfolio -- Class II

High

2/27/2015

Columbia Variable Portfolio -- Commodity Strategy Fund -- Class 2

High

4/30/2013

Columbia Variable Portfolio - Small Cap Value Fund--Class 2

High

6/1/2000

Delaware VIP Small Cap Value - Service Class

High

5/1/2000

BNY Mellon IP Technology Growth - Initial Shares

High

8/31/1999

Fidelity? VIP Contrafund?- Initial Class

High

1/3/1995

Fidelity? VIP Emerging Markets ? Service Class 2

Highest 01/23/2008

Fidelity? VIP Growth Opportunities ? Service Class 2 Fidelity? VIP Health Care -- Service Class 2 Fidelity? VIP International Index -- Service Class 2

High High High

1/12/2000 04/30/2019 04/16/2018

Fidelity? VIP Mid Cap - Service Class 2

High

1/12/2000

Invesco V.I. American Value Fund - Series II

High

5/5/2003

Invesco V.I. International Growth Fund - Series II

High

9/19/2001

Janus Henderson VIT Enterprise Portfolio ? Service Shares

High 12/31/1999

Janus Henderson VIT Global Research Portfolio - Institutional Shares

High

9/13/1993

MFS? International Intrinsic Value Portfolio ? Service Class

High

8/24/2001

MFS? Research Series - Initial Class

High

7/26/1995

Neuberger Berman AMT Mid-Cap Growth - Class S

High

2/18/2003

Morgan Stanley VIF U.S. Real Estate - Class II Victory VIF Diversified Stock - Class A Shares9

Highest High

11/5/2002 7/1/1999

Equity and Income

MainStay VP Balanced - Service Class

Moderate 5/1/2005

MainStay VP MacKay Convertible - Initial Class

Moderate 10/1/1996

MainStay VP Epoch U.S. Equity Yield ? Service Class

High

5/1/1998

MainStay VP Income Builder - Initial Class

Moderate 1/29/1993

MainStay VP Janus Henderson Balanced - Initial Class7

Moderate 2/17/2012

MainStay VP IQ Hedge Multi-Strategy - Service Class

Moderate 5/1/2013

MainStay VP Fidelity Institutional AM? Utilities ? Service Class

High

2/17/2012

MainStay VP Moderate Allocation - Service Class

Moderate 2/13/2006

MainStay VP Moderate Growth Allocation - Service Class MainStay VP T. Rowe Price Equity Income - Initial Class9

High High

2/13/2006 3/31/1994

American Funds IS Asset Allocation Fund - Class 4

Moderate 12/14/2012

American Funds IS Blue Chip Income and Growth Fund - Class 4

High 12/14/2012

BlackRock? Global Allocation V.I. Fund - Class III Shares

Moderate 11/18/2003

DWS Alternative Asset Allocation VIP - Class B

Moderate 5/18/2009

Fidelity? VIP Equity-Income - Initial Class Fidelity? VIP FundsManager? 60% -- Service Class

High

10/9/1986

Moderate 08/22/2007

MFS? Investors Trust Series - Initial Class

High

10/9/1995

Income

MainStay VP Bond-Initial Class MainStay VP U.S. Government Money Market - Current yield is -1.58%8

Moderate 1/23/1984

Low

1/29/1993

MainStay VP Conservative Allocation - Service Class

Moderate 2/13/2006

MainStay VP Floating Rate-Service Class

Moderate 5/1/2005

MainStay VP MacKay Government - Initial Class

Moderate 1/29/1993

MainStay VP MacKay High Yield Corporate Bond - Initial Class

Moderate 5/1/1995

MainStay VP Indexed Bond ? Service Class

Moderate 5/1/2017

MainStay VP PIMCO Real Return - Service Class

Moderate 2/17/2012

MainStay VP MacKay Unconstrained Bond - Service Class

Moderate 5/1/2011

BlackRock? High Yield V.I. Fund ? Class III Shares

Moderate 2/15/2012

Columbia Variable Portfolio -- Emerging Markets Bond Fund -- Class 2

Moderate 4/30/2012

PIMCO VIT International Bond Portfolio (U.S. Dollar-Hedged) - Advisor Class

Moderate 5/1/2014

PIMCO VIT Low Duration Portfolio - Advisor Class

Low

3/31/2006

PIMCO VIT Total Return Portfolio - Advisor Class

Moderate 2/28/2006

Please read the important disclosures regarding the product performance on the following page.

Investment

Division

Inception Date1

Month to Date*

Non-Standardized (Assuming No Surrender)2

Year to

Date*

(Updated 1 Monthly) Year4

3 Year4

5 Year4

10 Year4

12/15/1993

1/29/1993 5/1/2015

2/17/2012

2/17/2012 2/17/2012 2/13/2006 5/1/1995 6/1/1998 7/6/2001

1/29/1993

5/2/2016 2/17/2012

5/1/2015 11/13/2017

5/1/2014 5/1/2017 5/1/2015 11/15/2004 11/13/2017 7/6/2001 10/1/1996 05/01/2018 5/1/2014

05/01/2019

05/01/2019 9/8/2003 5/1/2013 5/1/2014

11/13/2017 10/1/1996 5/1/2017 5/1/1998 6/2/2003 5/1/2013

5/1/2004

1.79% 0.46% 3.40% 1.04%

-2.37% -2.39% 1.70% 1.52% -1.51% 2.28% 1.71%

#N/A 0.89% -0.81% -0.35% 1.60% 1.28% 1.21% 6.21% 4.37% -2.73% -1.39% 2.33% -3.51% -3.88%

2.58% 2.49% 3.63% 1.76% 0.88% 1.41% 1.42% 0.64% -3.17% 3.23% 1.34%

15.06% 17.44% 1.35% 6.16%

12.08% 11.87% 13.90% 11.69% 20.95% 15.19% 18.96%

#N/A 5.92% 17.39% 13.84% 16.35% 18.61% 1.85% 9.32% 16.05% 12.75% 18.09% 15.28% 20.85% 4.39%

10.14% 13.23% 13.91% 18.15% 26.19% 16.60% 15.48% 22.10% 22.53% 15.65% 15.78%

-2.39% -4.42% -26.03% -4.58%

-12.33% -12.55% -4.13% -4.91% 1.28% -5.43% 2.44%

#N/A -18.97% -1.87% -2.61% 4.99% 5.93% -9.31% -13.10% -6.29% -8.08% -1.39% 4.51% 6.28% -11.65%

-2.76% -9.42% -8.08% 4.43% 8.42% 0.26% 2.13% 4.60% -0.39% 4.61% -2.52%

10.07% 12.64% -5.93% 2.94%

7.78% 7.51% 6.27% 4.99% 15.54% 6.65% 11.36%

#N/A -9.18% 7.19% 12.51% 6.22% 11.34% -4.17% 3.86% 5.67% 14.49% 9.94% 6.79% 20.22% 7.41%

N/A 5.50% 3.93% 4.56% 15.50% 9.62% 6.35% 11.89% 11.59% 1.30% 7.81%

7.41% 8.23%

N/A -1.98%

6.49% 6.23% 3.66% 3.99% 11.15% 5.12% 8.81%

#N/A -11.68% 4.88% 10.24% 2.63% 8.52% -9.54% 4.65% 5.22% 11.31% 7.28% 3.42% 13.93% 6.08%

N/A 4.53% 2.28% 2.01% 13.32% 5.76% 6.43% 8.98% 8.53% 4.74% 4.36%

10.71% 9.17%

N/A N/A

N/A N/A 7.11% 2.98% 12.25% 10.36% 11.15%

#N/A -4.02% 6.21% 11.04% 3.78% 10.31%

N/A 7.45% 9.71% 12.62% 10.03% 2.88% 15.17% 14.38%

N/A 8.11% 7.99% 4.56% 13.86% 7.56% 7.34% 10.97% 11.05% 8.71% 7.51%

5/1/2005 10/1/1996 6/1/1998 1/29/1993

2/17/2012 5/1/2013

2/17/2012 2/13/2006 2/13/2006

5/1/1998 05/01/2018 11/13/2017

5/1/2011 5/2/2016 10/1/1996

05/01/2019 5/1/1998

1.62% -1.40% 2.83% 1.33% 0.64% 0.24% 4.57% 0.84% 1.38% 3.70% 0.62% 1.26% 0.64% 0.48% 2.50% 0.17%

0.58%

11.30% 12.73% 17.35% 12.82% 15.08% 3.74% 21.34% 11.22% 12.49% 16.85% 12.23% 9.42% 9.79% 9.85% 17.29% 11.99%

20.99%

-0.11% -0.60% 7.83% 6.57% 6.37% 0.84% 17.10% -0.20% -2.70% 1.92% 2.32% -5.53% 1.15% 3.33% 3.72% 0.94%

5.27%

3.64% 7.11% 9.74% 5.22% 10.68% -1.95% 9.54% 4.34% 5.34% 8.39% 6.68% 5.43% 3.60% 0.28% 7.69% 5.35%

11.90%

3.31% 5.42% 5.53% 3.71% 6.84% -4.53% 4.52% 2.81% 3.29% 5.61% 5.40% 5.38% 1.95% -0.52% 5.55% 4.14%

8.67%

6.41% 7.63% 8.63% 7.41%

N/A N/A 8.35% 5.53% 6.49% 8.81% 7.82% 9.12% 3.65% 1.48% 8.87% 5.80%

10.24%

12/15/1993

5/1/1995 2/13/2006 5/1/2005 1/29/1993 5/1/1995 5/1/2017 2/17/2012 5/1/2011 5/1/2014 5/1/2015 5/1/2014 5/2/2016 5/1/2014

-0.62% 0.00% 0.37% 0.37% -0.42% 0.43% -0.75% -1.58% -0.02% 0.26% -0.69% -0.61% -0.04% -0.54%

7.68% 0.24% 9.63% 5.16% 4.07% 9.07% 6.81% 6.03% 4.37% 10.54% 8.77% 6.36% 2.51% 7.21%

8.27% 0.28% 1.55% 0.90% 5.34% 4.79% 7.77% 4.14% 1.91% 4.42% 5.27% 6.46% 2.53% 7.92%

1.20% -0.52% 3.08% 2.16% -0.06% 3.97%

N/A 0.15% 1.34% 4.19% 1.44% 2.12% 0.08% 1.62%

1.76% -0.94% 2.17% 1.82% 0.41% 3.93%

N/A 0.06% 0.74% 3.00% 2.01% 2.73% -0.29% 1.71%

2.28% -1.27% 4.51% 2.46% 0.94% 5.77%

N/A 1.44%

N/A 5.86%

N/A 3.98% 0.42% 2.25%

Since Investment

Division Inception

3.53% 1.14% -7.28% -2.71% 6.73% 6.47% 4.10% 3.17% 3.14% 7.19% 4.00% #N/A -8.02% 3.68% 7.12% 2.15% 10.22% -7.25% 5.29% -0.77% 5.85% 5.72% -3.65% 13.90% 0.51% -1.60% 8.01% 4.81% 1.39% 12.97% 0.63% 6.42% 3.45% 8.26% 3.82% 5.19%

4.42% 4.28% 4.33% 2.44% 7.86% -3.67% 7.55% 3.98% 4.24% 8.41% 4.47% 2.05% 2.32% 1.01% 4.40% 1.64% 4.09%

3.33% -0.20% 3.69% 1.94% 2.41% 5.52% 1.78% -0.61% 1.91% 2.59% 2.59% 3.16% 0.09% 1.62%

1 Year4

Standardized (Assuming Surrender)

Since

Investment

3 Year4

5 Year4

10 Year4

Division Inception

-10.20% -12.06% -31.95% -12.21%

-19.35% -19.55% -11.80% -12.51% -6.72% -12.99% -5.56%

#N/A -25.45% -9.72% -10.40% -3.01% -2.07% -16.56% -20.05% -13.78% -15.44% -9.28% -3.49% -1.72% -18.72%

-10.54% -16.67% -15.43% -3.57% 0.42% -7.74% -5.87% -3.40% -8.36% -3.39% -10.31%

7.82% 10.50% -8.51% 0.36%

5.43% 5.15% 3.85% 2.51% 13.50% 4.26% 9.17%

#N/A -11.67% 4.82% 10.36% 3.80% 9.14% -6.79% 1.33% 3.23% 12.41% 7.69% 4.40% 18.34% 5.05%

N/A 3.05% 1.40% 2.06% 13.47% 7.35% 3.94% 9.72% 9.40% -1.37% 5.47%

6.49% 7.34%

N/A -3.18%

5.54% 5.27% 2.60% 2.95% 10.35% 4.12% 7.94%

#N/A -12.77% 3.87% 9.42% 2.63% 7.64% -10.66% 3.63% 4.22% 10.52% 6.36% 2.35% 13.21% 4.95%

N/A 3.50% 1.16% 0.87% 12.58% 4.79% 5.47% 8.12% 7.65% 3.73% 3.32%

10.71% 9.17%

N/A N/A

N/A N/A 7.11% 2.98% 12.25% 10.36% 11.15%

#N/A -4.02% 6.21% 11.04% 3.78% 10.31%

N/A 7.45% 9.71% 12.62% 10.03% 2.88% 15.17% 14.38%

N/A 8.11% 7.99% 4.56% 13.86% 7.56% 7.34% 10.97% 11.05% 8.71% 7.51%

3.53% 1.14% -8.57% -3.10%

6.48% 6.21% 4.10% 3.17% 3.14% 7.19% 4.00%

#N/A -8.39% 2.46% 3.05% 2.15% 7.28% -8.54% 5.29% -5.08% 5.85% 5.72% -9.16% 13.37% -7.49%

-9.48% 8.01% 4.33% 0.51% 9.09% 0.63% 3.33% 3.45% 8.26% 3.31% 5.19%

-8.10% -8.55% -0.17% -1.43% -1.63% -7.16% 9.10% -8.18% -10.48% -6.08% -5.68% -13.09% -6.85% -4.67% -4.28% -7.06%

-2.73%

1.09% 4.74% 7.48% 2.75% 8.46% -4.64% 7.28% 1.83% 2.88% 6.07% 4.29% 2.97% 1.05% -2.44% 5.34% 2.89%

9.73%

2.23% 4.43% 4.54% 2.65% 5.90% -5.70% 3.49% 1.71% 2.21% 4.63% 4.41% 4.39% 0.81% -1.74% 4.57% 3.10%

7.80%

6.41% 7.63% 8.63% 7.41%

N/A N/A 8.35% 5.53% 6.49% 8.81% 7.82% 9.12% 3.65% 1.48% 8.87% 5.80%

10.24%

4.42% 4.28% 4.33% 2.44% 7.62% -4.28% 7.31% 3.98% 4.24% 8.17% -1.13% -2.21% 2.32% -1.05% 4.40% -6.36%

4.09%

0.27% -7.72% -6.45% -7.10% -2.66% -3.21% -0.23% -3.86% -6.09% -3.58% -2.73% -1.54% -5.47% -0.08%

-1.48% -3.24% 0.50% -0.46% -2.80% 1.44%

N/A -2.58% -1.32% 1.67% -1.22% -0.50% -2.66% -1.03%

0.61% -2.16% 1.05% 0.67% -0.80% 2.89%

N/A -1.16% -0.45% 1.91% 0.88% 1.63% -1.51% 0.56%

2.28% -1.27% 4.51% 2.46% 0.94% 5.77%

N/A 1.44%

N/A 5.86%

N/A 3.98% 0.42% 2.25%

3.33% -0.20% 3.69% 1.94% 2.41% 5.52% -1.52% -1.00% 1.91% 1.75% 1.32% 2.34% -2.01% 0.74%

Page 2 of 5

Performance data quoted is past performance. Past performance is no guarantee of future results. Due to market volatility, current performance may be lower or higher than the figures shown. The investment return and the accumulation value of your policy will fluctuate so that a policy, when surrendered, may be worth more or less than the premium payments. For current t o the most recent month-end performance information, please call 1-800-598-2019 or visit . All performance reflects the percentage change for the period shown, with capital gains and dividends reinvested and includes an annualized Mortality and Expense Risk and Administrative Costs Charge of 1.60% and Fund Company Expenses. An Annual Policy Service Charge of $30 is not included, but will be deducted each year from the policy's Accumulation Value on the policy anniversary and upon s urrender if on that date the Accumulation Value Is less than $100,000. The performance shown, therefore, would be slightly lower if your policy's Accumulation Value is less than $100,000. Charges for any optional riders, if reflected, would reduce the performance shown. Non-Standardized Performance ("Assuming No Surrender") does not reflect the deduction of Surrender Charges. Standardized Performance ("Assuming Surrender") reflects the maximum Surrender Charge under the policy. The maximum Surrende r Charge for each premium payment is 8%, declining to 3% (or 2% for single premium policies) by the 8th year after that premium payment has been in the policy, with no surrender charge thereafter. Withdrawals and surrenders may be taxable transactions, and prior to 59?, may be subject to a 10% IRS penalty (the penalty ta x is increased to 25% in the case of a distribution from a SIMPLE IRA within the first two years of your participation in a SIMPLE IRA plan). The Investment Divisions offered through the New York Life Premium Plus Variable Annuity and described herein are different from mutual funds that may have similar names but are available directly to the public. Investment results may differ.

Page 3 of 5

New York Life Premium Plus Variable Annuity Performance Summary Average Annual Total Return as of September 30, 2019 (Updated Quarterly)

Portfolio

Investment Divisions1

Volatility/ Inception

Risk Level3

Date

Equity

MainStay VP MacKay Common Stock - Initial Class

High

1/23/1984

MainStay VP MacKay Growth - Initial Class9

High

1/29/1993

MainStay VP Cushing Renaissance Advantage -- Service Class

Highest 5/1/2015

MainStay VP Emerging Markets Equity - Initial Class9 MainStay VP Eagle Small Cap Growth - Initial Class6

Highest High

2/17/2012 2/17/2012

MainStay VP Eagle Small Cap Growth ? Service Class

High

2/17/2012

MainStay VP Growth Allocation - Service Class

High

2/13/2006

MainStay VP MacKay International Equity - Initial Class

High

5/1/1995

MainStay VP Large Cap Growth - Initial Class

High

5/1/1998

MainStay VP MacKay Mid Cap Core - Initial Class

High

7/2/2001

MainStay VP MacKay S&P 500 Index - Initial Class5 MainStay VP MacKay Small Cap Core - Initial Class10, 11

High High

1/29/1993 5/2/2016

MainStay VP Mellon Natural Resources ? Initial Class American Funds IS Global Small Cap Fund? ? Class 4

Highest High

2/17/2012 12/14/2012

American Funds IS Growth Fund - Class 4

High 12/14/2012

American Funds IS New World Fund - Class 4

Highest 12/14/2012

ClearBridge Variable Appreciation Portfolio -- Class II

High

2/27/2015

Columbia Variable Portfolio -- Commodity Strategy Fund -- Class 2

High

4/30/2013

Columbia Variable Portfolio - Small Cap Value Fund--Class 2

High

6/1/2000

Delaware VIP Small Cap Value - Service Class

High

5/1/2000

BNY Mellon IP Technology Growth - Initial Shares

High

8/31/1999

Fidelity? VIP Contrafund?- Initial Class

High

1/3/1995

Fidelity? VIP Emerging Markets ? Service Class 2

Highest 01/23/2008

Fidelity? VIP Growth Opportunities ? Service Class 2 Fidelity? VIP Health Care -- Service Class 2 Fidelity? VIP International Index -- Service Class 2

High High High

1/12/2000 04/30/2019 04/16/2018

Fidelity? VIP Mid Cap - Service Class 2

High

1/12/2000

Invesco V.I. American Value Fund - Series II

High

5/5/2003

Invesco V.I. International Growth Fund - Series II

High

9/19/2001

Janus Henderson VIT Enterprise Portfolio ? Service Shares

High 12/31/1999

Janus Henderson VIT Global Research Portfolio - Institutional Shares

High

9/13/1993

MFS? International Intrinsic Value Portfolio ? Service Class

High

8/24/2001

MFS? Research Series - Initial Class

High

7/26/1995

Neuberger Berman AMT Mid-Cap Growth - Class S

High

2/18/2003

Morgan Stanley VIF U.S. Real Estate - Class II Victory VIF Diversified Stock - Class A Shares9

Highest High

11/5/2002 7/1/1999

Equity and Income

MainStay VP Balanced - Service Class

Moderate 5/1/2005

MainStay VP MacKay Convertible - Initial Class

Moderate 10/1/1996

MainStay VP Epoch U.S. Equity Yield ? Service Class

High

5/1/1998

MainStay VP Income Builder - Initial Class MainStay VP Janus Henderson Balanced - Initial Class7

Moderate 1/29/1993 Moderate 2/17/2012

MainStay VP IQ Hedge Multi-Strategy - Service Class MainStay VP Fidelity Institutional AM? Utilities ? Service Class

Moderate 5/1/2013

High

2/17/2012

MainStay VP Moderate Allocation - Service Class

Moderate 2/13/2006

MainStay VP Moderate Growth Allocation - Service Class MainStay VP T. Rowe Price Equity Income - Initial Class9

High High

2/13/2006 3/31/1994

American Funds IS Asset Allocation Fund - Class 4

Moderate 12/14/2012

American Funds IS Blue Chip Income and Growth Fund - Class 4

High 12/14/2012

BlackRock? Global Allocation V.I. Fund - Class III Shares

Moderate 11/18/2003

DWS Alternative Asset Allocation VIP - Class B

Moderate 5/18/2009

Fidelity? VIP Equity-Income - Initial Class Fidelity? VIP FundsManager? 60% -- Service Class

High

10/9/1986

Moderate 08/22/2007

MFS? Investors Trust Series - Initial Class

High

10/9/1995

Income

MainStay VP Bond-Initial Class MainStay VP U.S. Government Money Market - Current yield is -1.58%8

Moderate 1/23/1984

Low

1/29/1993

MainStay VP Conservative Allocation - Service Class

Moderate 2/13/2006

MainStay VP Floating Rate-Service Class

Moderate 5/1/2005

MainStay VP MacKay Government - Initial Class

Moderate 1/29/1993

MainStay VP MacKay High Yield Corporate Bond - Initial Class

Moderate 5/1/1995

MainStay VP Indexed Bond ? Service Class

Moderate 5/1/2017

MainStay VP PIMCO Real Return - Service Class

Moderate 2/17/2012

MainStay VP MacKay Unconstrained Bond - Service Class

Moderate 5/1/2011

BlackRock? High Yield V.I. Fund ? Class III Shares

Moderate 2/15/2012

Columbia Variable Portfolio -- Emerging Markets Bond Fund -- Class 2

Moderate 4/30/2012

PIMCO VIT International Bond Portfolio (U.S. Dollar-Hedged) - Advisor Class

Moderate 5/1/2014

PIMCO VIT Low Duration Portfolio - Advisor Class

Low

3/31/2006

PIMCO VIT Total Return Portfolio - Advisor Class

Moderate 2/28/2006

Please read the important disclosures regarding the product performance on the following page.

Investment Division Inception Date1

12/15/1993 1/29/1993 5/1/2015 2/17/2012 2/17/2012 2/17/2012 2/13/2006 5/1/1995 6/1/1998 7/6/2001 1/29/1993 5/2/2016 2/17/2012 5/1/2015 11/13/2017 5/1/2014 5/1/2017 5/1/2015 11/15/2004 11/13/2017 7/6/2001 10/1/1996 05/01/2018 5/1/2014 05/01/2019 05/01/2019 9/8/2003 5/1/2013 5/1/2014 11/13/2017 10/1/1996 5/1/2017 5/1/1998 6/2/2003 5/1/2013 5/1/2004

5/1/2005 10/1/1996 6/1/1998 1/29/1993 2/17/2012 5/1/2013 2/17/2012 2/13/2006 2/13/2006 5/1/1998 05/01/2018 11/13/2017 5/1/2011 5/2/2016 10/1/1996 05/01/2019 5/1/1998

12/15/1993 5/1/1995 2/13/2006 5/1/2005 1/29/1993 5/1/1995 5/1/2017 2/17/2012 5/1/2011 5/1/2014 5/1/2015 5/1/2014 5/2/2016 5/1/2014

Non-Standardized (Assuming No Surrender)2

Since

Investment

1 Year4

3 Year4

5 Year4

10 Year4

Division Inception

-2.39% -4.42% -26.03% -4.58%

-12.33% -12.55% -4.13% -4.91% 1.28% -5.43% 2.44%

#N/A -18.97% -1.87% -2.61% 4.99% 5.93% -9.31% -13.10% -6.29% -8.08% -1.39% 4.51% 6.28% -11.65%

-2.76% -9.42% -8.08% 4.43% 8.42% 0.26% 2.13% 4.60% -0.39% 4.61% -2.52%

10.07% 12.64% -5.93% 2.94%

7.78% 7.51% 6.27% 4.99% 15.54% 6.65% 11.36%

#N/A -9.18% 7.19% 12.51% 6.22% 11.34% -4.17% 3.86% 5.67% 14.49% 9.94% 6.79% 20.22% 7.41%

N/A 5.50% 3.93% 4.56% 15.50% 9.62% 6.35% 11.89% 11.59% 1.30% 7.81%

7.41% 8.23%

N/A -1.98%

6.49% 6.23% 3.66% 3.99% 11.15% 5.12% 8.81%

#N/A -11.68% 4.88% 10.24% 2.63% 8.52% -9.54% 4.65% 5.22% 11.31% 7.28% 3.42% 13.93% 6.08%

N/A 4.53% 2.28% 2.01% 13.32% 5.76% 6.43% 8.98% 8.53% 4.74% 4.36%

10.71% 9.17%

N/A N/A

N/A N/A 7.11% 2.98% 12.25% 10.36% 11.15%

#N/A -4.02% 6.21% 11.04% 3.78% 10.31%

N/A 7.45% 9.71% 12.62% 10.03% 2.88% 15.17% 14.38%

N/A 8.11% 7.99% 4.56% 13.86% 7.56% 7.34% 10.97% 11.05% 8.71% 7.51%

3.53% 1.14% -7.28% -2.71%

6.73% 6.47% 4.10% 3.17% 3.14% 7.19% 4.00%

#N/A -8.02% 3.68% 7.12% 2.15% 10.22% -7.25% 5.29% -0.77% 5.85% 5.72% -3.65% 13.90% 0.51%

-1.60% 8.01% 4.81% 1.39% 12.97% 0.63% 6.42% 3.45% 8.26% 3.82% 5.19%

-0.11% -0.60% 7.83% 6.57% 6.37% 0.84% 17.10% -0.20% -2.70% 1.92% 2.32% -5.53% 1.15% 3.33% 3.72% 0.94%

5.27%

3.64% 7.11% 9.74% 5.22% 10.68% -1.95% 9.54% 4.34% 5.34% 8.39% 6.68% 5.43% 3.60% 0.28% 7.69% 5.35%

11.90%

3.31% 5.42% 5.53% 3.71% 6.84% -4.53% 4.52% 2.81% 3.29% 5.61% 5.40% 5.38% 1.95% -0.52% 5.55% 4.14%

8.67%

6.41% 7.63% 8.63% 7.41%

N/A N/A 8.35% 5.53% 6.49% 8.81% 7.82% 9.12% 3.65% 1.48% 8.87% 5.80%

10.24%

4.42% 4.28% 4.33% 2.44% 7.86% -3.67% 7.55% 3.98% 4.24% 8.41% 4.47% 2.05% 2.32% 1.01% 4.40% 1.64%

4.09%

8.27% 0.28% 1.55% 0.90% 5.34% 4.79% 7.77% 4.14% 1.91% 4.42% 5.27% 6.46% 2.53% 7.92%

1.20% -0.52% 3.08% 2.16% -0.06% 3.97%

N/A 0.15% 1.34% 4.19% 1.44% 2.12% 0.08% 1.62%

1.76% -0.94% 2.17% 1.82% 0.41% 3.93%

N/A 0.06% 0.74% 3.00% 2.01% 2.73% -0.29% 1.71%

2.28% -1.27% 4.51% 2.46% 0.94% 5.77%

N/A 1.44%

N/A 5.86%

N/A 3.98% 0.42% 2.25%

3.33% -0.20% 3.69% 1.94% 2.41% 5.52% 1.78% -0.61% 1.91% 2.59% 2.59% 3.16% 0.09% 1.62%

1 Year4

Standardized (Assuming Surrender)

Since

Investment

3 Year4

5 Year4

10 Year4

Division Inception

-10.20% -12.06% -31.95% -12.21%

-19.35% -19.55% -11.80% -12.51% -6.72% -12.99% -5.56%

#N/A -25.45% -9.72% -10.40% -3.01% -2.07% -16.56% -20.05% -13.78% -15.44% -9.28% -3.49% -1.72% -18.72%

-10.54% -16.67% -15.43% -3.57% 0.42% -7.74% -5.87% -3.40% -8.36% -3.39% -10.31%

7.82% 10.50% -8.51% 0.36%

5.43% 5.15% 3.85% 2.51% 13.50% 4.26% 9.17%

#N/A -11.67% 4.82% 10.36% 3.80% 9.14% -6.79% 1.33% 3.23% 12.41% 7.69% 4.40% 18.34% 5.05%

N/A 3.05% 1.40% 2.06% 13.47% 7.35% 3.94% 9.72% 9.40% -1.37% 5.47%

6.49% 7.34%

N/A -3.18%

5.54% 5.27% 2.60% 2.95% 10.35% 4.12% 7.94%

#N/A -12.77% 3.87% 9.42% 2.63% 7.64% -10.66% 3.63% 4.22% 10.52% 6.36% 2.35% 13.21% 4.95%

N/A 3.50% 1.16% 0.87% 12.58% 4.79% 5.47% 8.12% 7.65% 3.73% 3.32%

10.71% 9.17%

N/A N/A

N/A N/A 7.11% 2.98% 12.25% 10.36% 11.15%

#N/A -4.02% 6.21% 11.04% 3.78% 10.31%

N/A 7.45% 9.71% 12.62% 10.03% 2.88% 15.17% 14.38%

N/A 8.11% 7.99% 4.56% 13.86% 7.56% 7.34% 10.97% 11.05% 8.71% 7.51%

3.53% 1.14% -8.57% -3.10%

6.48% 6.21% 4.10% 3.17% 3.14% 7.19% 4.00%

#N/A -8.39% 2.46% 3.05% 2.15% 7.28% -8.54% 5.29% -5.08% 5.85% 5.72% -9.16% 13.37% -7.49%

-9.48% 8.01% 4.33% 0.51% 9.09% 0.63% 3.33% 3.45% 8.26% 3.31% 5.19%

-8.10% -8.55% -0.17% -1.43% -1.63% -7.16% 9.10% -8.18% -10.48% -6.08% -5.68% -13.09% -6.85% -4.67% -4.28% -7.06%

-2.73%

1.09% 4.74% 7.48% 2.75% 8.46% -4.64% 7.28% 1.83% 2.88% 6.07% 4.29% 2.97% 1.05% -2.44% 5.34% 2.89%

9.73%

2.23% 4.43% 4.54% 2.65% 5.90% -5.70% 3.49% 1.71% 2.21% 4.63% 4.41% 4.39% 0.81% -1.74% 4.57% 3.10%

7.80%

6.41% 7.63% 8.63% 7.41%

N/A N/A 8.35% 5.53% 6.49% 8.81% 7.82% 9.12% 3.65% 1.48% 8.87% 5.80%

10.24%

4.42% 4.28% 4.33% 2.44% 7.62% -4.28% 7.31% 3.98% 4.24% 8.17% -1.13% -2.21% 2.32% -1.05% 4.40% -6.36%

4.09%

0.27% -7.72% -6.45% -7.10% -2.66% -3.21% -0.23% -3.86% -6.09% -3.58% -2.73% -1.54% -5.47% -0.08%

-1.48% -3.24% 0.50% -0.46% -2.80% 1.44%

N/A -2.58% -1.32% 1.67% -1.22% -0.50% -2.66% -1.03%

0.61% -2.16% 1.05% 0.67% -0.80% 2.89%

N/A -1.16% -0.45% 1.91% 0.88% 1.63% -1.51% 0.56%

2.28% -1.27% 4.51% 2.46% 0.94% 5.77%

N/A 1.44%

N/A 5.86%

N/A 3.98% 0.42% 2.25%

3.33% -0.20% 3.69% 1.94% 2.41% 5.52% -1.52% -1.00% 1.91% 1.75% 1.32% 2.34% -2.01% 0.74%

Page 4 of 5

Performance data quoted is past performance. Past performance is no guarantee of future results. Due to market volatility, current performance may be lower or higher than the figures shown. The investment return and the accumulation value of your policy will fluctuate so that a policy, when surrendered, may be worth more or less than the premium payments. For current t o the most recent month-end performance information, please call 1-800-598-2019 or visit . All performance reflects the percentage change for the period shown, with capital gains and dividends reinvested and includes an annualized Mortality and Expense Risk and Administrative Costs Charge of 1.60% and Fund Company Expenses. An Annual Policy Service Charge of $30 is not included, but will be deducted each year from the policy's Accumulation Value on the policy anniversary and upon s urrender if on that date the Accumulation Value Is less than $100,000. The performance shown, therefore, would be slightly lower if your policy's Accumulation Value is less than $100,000. Charges for any optional riders, if reflected, would reduce the performance shown. Non-Standardized Performance ("Assuming No Surrender") does not reflect the deduction of Surrender Charges. Standardized Performance ("Assuming Surrender") reflects the maximum Surrender Charge under the policy. The maximum Surrende r Charge for each premium payment is 8%, declining to 3% (or 2% for single premium policies) by the 8th year after that premium payment has been in the policy, with no surrender charge thereafter. Withdrawals and surrenders may be taxable transactions, and prior to 59?, may be subject to a 10% IRS penalty (the penalty ta x is increased to 25% in the case of a distribution from a SIMPLE IRA within the first two years of your participation in a SIMPLE IRA plan). The Investment Divisions offered through the New York Life Premium Plus Variable Annuity and described herein are different from mutual funds that may have similar names but are available directly to the public. Investment results may differ.

Page 5 of 5

 ................
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