Increase in Payout Percentages for L.inc Advisory Annuity Income Benefit Rider

Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. Nationwide is rated A+ by AM Best and Standard & Poor’s. An industry leader in customer-focused innovation, Nationwide offers a full suite of insurance products and financial services, including auto, business, home, farm and life insurance; public and private sector pension plans, annuities, mutual funds and ETFs; excess & excess, specialty and surety; animal, motorcycle and boat insurance. For more information, visit www.nationwide.com. Follow us on Facebook and Twitter.

This document does not constitute a recommendation to buy or sell a financial product or to adopt an investment strategy. Investors should discuss their particular circumstances with their finance professional.

When evaluating the purchase of a variable annuity, your clients should be aware that variable annuities are long-term investment vehicles designed for retirement and their value will fluctuate; annuities have limits; and the investment involves market risk, including possible loss of capital. Protections and guarantees are subject to the claims-paying capacity of Nationwide Life Insurance Company and do not apply to the investment performance of variable accounts, which are subject to investment risk.

Variable products are sold by prospectus. Carefully review the investment objectives, risks, fees and expenses. The prospectuses of the products and the underlying funds contain this and other important information. Investors should read them carefully before investing. To request a copy, go to nationwide.com/prospectus or call 1-800-848-6331.

Variable annuities are issued by Nationwide Life Insurance, Columbus, Ohio. The general distributor is Nationwide Investment Services Corporation, Member FINRA, Columbus, Ohio.

Nationwide, the Nationwide N and Eagle, Nationwide is on your side, Nationwide Lifetime Income Rider and Nationwide Advisory Retirement Income Annuity are service marks of Nationwide Mutual Insurance Company. © 2022 At national scale

1 Morningstar Variable Annuity Intelligence Report, October 2022 data

2 2022 Second Quarter LIMRA U.S. Individual Annuity Industry Sales Report

3 Accrual rates are guaranteed increases to the rider’s benefit base and are credited on the first 10 policy anniversaries. The benefit base is used to calculate the annual income offered by the rider.

ASM-1718AO

10/2022

‘, ‘window.fbAsyncInit = function() {‘, ‘FB.init({‘, ‘appId:’216372371876365′,’, ‘xfbml:true,’, ‘version: ‘v2.6” , ‘});’ ]; ppLoadLater.placeholderFBSDK.push(‘_ga.trackFacebook();’); ppLoadLater.placeholderFBSDK.push(‘};’); var ppFacebookSDK= [
‘(function(d, s, id) {‘,
‘var js, fjs = d.getElementsByTagName(s)[0];’, ‘if (d.getElementById(id)) return;’, ‘js = d.createElement(s); js.id = id;’, ‘js.src = “https://connect.facebook.net/en_US/sdk.js”;’, ‘fjs.parentNode.insertBefore(js, fjs);’, ‘}( document, ‘script’, ‘facebook-jssdk’));’ ]; ppLoadLater.placeholderFBSDK = ppLoadLater.placeholderFBSDK.concat(ppFacebookSDK); ppLoadLater.placeholderFBSDK.push(‘‘); ppLoadLater.placeholderFBSDK = ppLoadLater.placeholderFBSDK.join(“n”);

Earnest L. Veasey