3rd Quarter - Report

THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY for THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY

Firm
Client
Income
—
Expenses
$850,000
Expense method
C: businesses, Internal Revenue Code section 162(e)

What was lobbied

5 issue areas, each in the filer's own words, with who lobbied on it and where.

Consumer Issues/Safety/Products CSP

CSP Quarter 3 2025 H.R.__/S.__ Online Privacy Act - The legislation would provide for individual rights relating to privacy of personal information, to establish privacy and security requirements for covered entities relating to personal information, and to establish an agency to be known as the Digital Privacy Agency to enforce such rights and requirements. Issue: Data Privacy H.R.___ and S.___ - Draft data privacy legislation. Issue: Data Privacy Issue: Artificial Intelligence (AI). Issue: Draft legislation that would require notice of data security breaches. Issue: Cybersecurity and Privacy.

LobbyistCovered position, as disclosed
CHRISTOPHER T. GAHAN Vice President Government Relations
ERICA MASON MCQUADE Assistant Director Government Relations
STEVEN M RADKE Vice President Government and Community Relations

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Financial Institutions/Investments/Securities FIN

FIN Quarter 3 2025 H.R. 3682 - Financial Stability Oversight Council Improvement Act of 2025. This bill will restore transparency to FSOC by imposing procedural guardrails, including enhanced due process protections, and a stronger analytic framework before a firm can be designated as systemically important. Issue: Dodd-Frank Act reform. S. __ - Protecting Innovation in Investment Act - To prohibit the Securities and Exchange Commission from finalizing, implementing, or enforcing a proposed rule with respect to conflicts of interest associated with the use of predictive data analytics by broker-dealers and investment advisers. Issue: Predictive data analytics. Issue: FHLBank System Issue: Basel III Issue: Regulation Best Interest Issue: Government Sponsored Enterprises (GSE) reform. No bill number assigned.

LobbyistCovered position, as disclosed
CHRISTOPHER T. GAHAN Vice President Government Relations
ERICA MASON MCQUADE Assistant Director Government Relations
STEVEN M RADKE Vice President Government and Community Relations

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Bills named: H.R. 3682 (119th)

Insurance INS

INS Quarter 3 2025 H.R. 4583 and H.R. 4582/S.1552 - Living Donor Protection Act. The bill would promote and protect from discrimination living organ donors. Issue: underwriting. H.R. 3503 - Kidney Donation Anti-Discrimination Act. The bill would prohibit life insurance providers from discriminating based on a persons status as a living kidney donor. Issue: underwriting. Issus: FSOC nonbank guidance rule. Issue: private equitys growing role in the insurance industry. Issue: Housing Finance Reform. No bill number assigned.

LobbyistCovered position, as disclosed
CHRISTOPHER T. GAHAN Vice President Government Relations
ERICA MASON MCQUADE Assistant Director Government Relations
STEVEN M RADKE Vice President Government and Community Relations

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Bills named: S. 1552 (119th), H.R. 4583 (119th), H.R. 4582 (119th), H.R. 3503 (119th)

Retirement RET

Retirement Security, Q3 2025 Income Security S. 2415 and H.R. 7107, the Long-Term Care Affordability Act: Would allow for tax free distributions from retirement accounts to fund LTC contracts.

LobbyistCovered position, as disclosed
CHRISTOPHER T. GAHAN Vice President Government Relations
ERICA MASON MCQUADE Assistant Director Government Relations
STEVEN M RADKE Vice President Government and Community Relations

Contacted: HOUSE OF REPRESENTATIVES; SENATE

Bills named: H.R. 7107 (119th), S. 2415 (119th)

Taxation/Internal Revenue Code TAX

Tax Quarter 3 2025 HR 1 - The One Big Beautiful Bill Act Issues related to the reduction or elimination of state and local tax deductions for businesses.

LobbyistCovered position, as disclosed
CHRISTOPHER T. GAHAN Vice President Government Relations
ERICA MASON MCQUADE Assistant Director Government Relations
STEVEN M RADKE Vice President Government and Community Relations

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Bills named: H.R. 1 (119th)

Shown as published by the Senate Office of Public Records and the House Clerk under the Lobbying Disclosure Act. The official filing is the record; open it for the full form.