WHIPPANY, N.J, August 13, 2026 – PineBridge Investments, which is now part of MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), has closed a $400 million target par new issue collateralized loan obligation, Galaxy 37 CLO, Ltd. (Galaxy 37).

Marking the 44^th CLO issuance by PineBridge Investments, and the first since it joined the MIM platform, Galaxy 37 follows the close of Galaxy 36 CLO, Ltd., a $450 million target par new issue collateralized loan obligation (CLO) completed in December 2025, as well as four additional U.S. CLO refinancing and reset transactions completed so far in 2026. Together, these transactions underscore the continued expansion and momentum of the CLO business.

“Galaxy 37 demonstrates the strong investor demand for the team’s CLO products and capabilities” said Kevin Wolfson, U.S. CLO and leveraged loan portfolio manager. “As we continue to grow and scale the platform, we remain focused on executing our time-tested investment strategy.”

Dan Sherry, U.S. CLO portfolio manager, added: “This transaction reflects the strength of our team. Looking ahead, we will continue to develop and grow the CLO business as part of the larger MIM platform, supported by access to greater global resources and capabilities of MetLife.”

The PineBridge Investments team has managed CLOs since 1999 via its global platform with investment professionals in the United States and Europe, covering U.S. and European loans, high yield bonds, and CLOs. As of March 31, 2026, PineBridge Investments managed $26.0 billion in leveraged finance assets, including $12.6 billion in CLO assets under management across PineBridge-managed CLOs and CLO tranche investments.

About MetLife Investment Management

MetLife Investment Management, LLC and certain of its affiliates (“MIM”), the institutional asset management business of MetLife, Inc. (NYSE: MET), provides tailored investment management solutions to institutional investors worldwide. MIM has global expertise in public fixed income, private fixed income, real estate, equity, alternatives, multi-asset, and insurance solutions and provides public and private pension plans, insurance companies, endowments, funds and other institutional clients with a range of bespoke investment solutions that seek to meet a range of long-term investment objectives and risk-adjusted returns over time. As of June 30, 2026, MIM had $748.1 billion in total assets under management. For more information, see MIM’s Total Assets Under Management fact sheet for the second quarter ended June 30, 2026 available on MetLife's Investor Relations web page (https://investor.metlife.com).

About MetLife

MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Asia, Latin America, Europe and the Middle East. For more information, visit https://www.metlife.com.

Forward-Looking Statements

The forward-looking statements in this news release, using words such as  “continue,” “develop,” “grow, “ “looking ahead,” “momentum,” “remain” and “seek,” are based on assumptions and expectations that involve risks and uncertainties, including the “Risk Factors” MetLife, Inc. describes in its U.S. Securities and Exchange Commission filings. MetLife’s future results could differ, and it does not undertake any obligation to publicly correct or update any of these statements.