Kelly 1975 Chief Financial Officer Managing Director, Head of Registered Products Fund Operations (since March 2026), PGIM; Chief Financial Officer (since March 2023) of the PGIM Retail Funds and Prudential Annuities Funds and (since July 2022) of the PGIM Alternatives Funds; formerly Vice President, Global Head of Investment Operations (2018-2026) of PGIM Investments LLC; formerly Treasurer and Principal Financial

filing / Apr 8, 2026 / receipt

Expand International Footprint

ir_statement / Sep 16, 2026 / receipt

Expanding where demand for private market solutions is accelerating including insurance, sovereign wealth, and family office channels

ir_statement / Sep 16, 2026 / receipt

Grow leadership in credit and real assets, scale asset-backed finance and direct lending, and expand into primary private equity and infrastructure equity

ir_statement / Sep 16, 2026 / receipt

150 basis points improvement to adjusted operating expense ratio(1) over the next 3 years

ir_statement / Sep 16, 2026 / receipt

Structural Efficiency

ir_statement / Sep 16, 2026 / receipt

Achieve $750M in pre-tax run-rate benefits by year-end 2028 through enterprise redesign

ir_statement / Sep 16, 2026 / receipt

Exit emerging markets

ir_statement / Sep 16, 2026 / receipt

Further integrate our businesses to improve operating efficiency and speed of execution

ir_statement / Sep 16, 2026 / receipt

Reduce our retirement and insurance footprint of more than a dozen countries by roughly half

ir_statement / Sep 16, 2026 / receipt

Corporate & Other now expects full year 2026 loss of $1.55 billion

ir_statement / Sep 16, 2026 / receipt

minus Increased expenses to support business growth

ir_statement / Sep 16, 2026 / receipt