0002054342 2026-06-12 2026-06-12 0002054342 ck0002054342:PutnamVTFocusedUSResearchFundMember 2026-06-12 2026-06-12 2026-06-12 Protective NY Variable Life Separate Account On or about October 5, 2026, it is anticipated that Putnam VT Sustainable Leaders Fund, a Fund available under your Policy, will change its name (as shown below), investment strategies, and investment policy. These changes are subject to shareholder approval and will be detailed in a Proxy Statement expected to be mailed around August 20, 2026. If shareholders do not approve the proposal, the Fund will continue operating as it does today and retain the current name. See the Fund prospectus for more information regarding the proposed changes. <table cellpadding="0" style="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="width: 51%; border: black 1pt solid; padding: 1pt 6.4pt; font-size: 12pt; text-align: center">CURRENT FUND NAME</td> <td style="width: 49%; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 1pt 6.4pt 1pt 5.9pt; font-size: 12pt; text-align: center">NEW FUND NAME</td></tr> <tr style="vertical-align: top"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 0.5pt 6.4pt 1pt; font-size: 12pt">Putnam VT Sustainable Leaders Fund</td> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding: 0.5pt 6.4pt 1pt 5.9pt; font-size: 12pt">Putnam VT Focused U.S. Research Fund</td></tr> </table> After October 5, 2026, if approved by the shareholders, all references to the Fund in your Policy Prospectuses are hereby replaced with the new fund name. Putnam VT Focused U.S. Research Fund N-6 N-6 0002054342 false