FGL Holdings Announces Expiration of "Go-Shop Period"

March 19, 2020

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Press Release

F&G Announces Headquarter Relocation to 801 Grand

Company Release - 1/6/2020 9:00 AM ET

DES MOINES, Iowa, Jan. 6, 2020 /PRNewswire/ -- F&G Annuities and Life (NYSE: FG) ("the company" or "F&G"), a leading provider of annuities and life insurance, recently announced a plan to relocate the F&G headquarters to the 801 Grand office building in downtown Des Moines.

Fidelity & Guaranty Life Logo.

In the last two years, F&G has hired 58 people in 2018 and 94 in 2019. Of the 2019 hires, 45 were newly created positions. The company expects to maintain this growth as sales continue to grow above industry averages. This expansion rate caused F&G to outgrow their current space in Two Ruan Center.

F&G CEO Chris Blunt says, "As we continue to grow and diversify our business, we're committed to preserving F&G's collaborative culture and 'top workplace' status. Attracting top talent is our highest priority, and we're looking for good people who want to do good work. We plan to invest heavily in optimizing our new workspace to provide flexibility for a variety of workstyles."

The company intends to completely renovate several floors (approximately 83,000 square feet) and provide new furniture and technology components that support a variety of work and meeting settings. In preparation for this renovation and move, F&G has partnered with SHYFT Collective and Pigott to create a functional, scalable workspace.

Construction on the floors is said to begin in May 2020 with an anticipated move-in date in the fourth quarter of 2020.

About F&G

"F&G" is the marketing name for Fidelity & Guaranty Life Insurance Company issuing insurance in the United States outside of New York. Life insurance and annuities issued by Fidelity & Guaranty Life Insurance Company, Des Moines, IA. Guarantees are based on the claims paying ability of the issuing insurer, Fidelity & Guaranty Life Insurance Company, Des Moines, IA. | 20-0008

Investor Contact:
Jon Bayer
F&G Annuities and Life

Media Contact:
Renee Hamlen
F&G Annuities and Life

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SOURCE Fidelity & Guaranty Life