Business Description

Overview Genworth Financial offers mortgage insurance products through its principal mortgage insurance subsidiaries. Genworth Financial also has start-up businesses whereby it offers fee-based services, advice, consulting and other aging-care services through CareScout Services and long-term care insurance products through CareScout Insurance. In October 2025, Genworth Financial began selling an individual long-term care insurance product through its CareScout Insurance subsidiary, CareScout Insurance Company, and ceased sales of long-term care insurance products through Genworth Life Insurance Company (“GLIC”). GLIC and its subsidiaries, which are wholly-owned subsidiaries of Genworth Financial and are referred to together as “Closed Block” or our “legacy insurance subsidiaries,” no longer offer or sell long-term care insurance, life insurance or annuity products. However, our legacy insurance subsidiaries will continue to service and manage their in-force blocks of business and may still issue a limited number of certificates under existing group long-term care insurance policies. In connection with the cessation of sales through GLIC, beginning in the fourth quarter of 2025, we changed our