SUPPLEMENT DATED JULY 29, 2026 TO THE PROSPECTUS AND SUMMARY PROSPECTUS EACH DATED MAY 1, 2026 ------------------------------------------------------------------------------- AMERICAN GENERAL LIFE INSURANCE COMPANY VARIABLE ANNUITY ACCOUNT FIVE Seasons Select II Variable Annuity ------------------------------------------------------------------------------- This Supplement updates certain information in the Appendix A - Investment Options Available Under the Contract in the most recent prospectus and updating summary prospectus (collectively, the "Prospectus"). Effective on or about July 29, 2026, the Current Expenses for below Underlying Funds have been updated as follows.
-------------------------------------------------------- ---------- ----------------- Underlying Fund Name Share New Current Class Expense -------------------------------------------------------- ---------- ----------------- SA Allocation Aggressive Portfolio Class 1 0.80%* -------------------------------------------------------- ---------- ----------------- SA Allocation Aggressive Portfolio Class 3 1.05%* -------------------------------------------------------- ---------- ----------------- SA Allocation Balanced Portfolio Class 1 0.78%* -------------------------------------------------------- ---------- ----------------- SA Allocation Balanced Portfolio Class 3 1.03%* -------------------------------------------------------- ---------- ----------------- SA Allocation Moderately Aggressive Portfolio Class 1 0.78%* -------------------------------------------------------- ---------- ----------------- SA Allocation Moderately Aggressive Portfolio Class 3 1.03% -------------------------------------------------------- ---------- ----------------- SA Allocation Moderate Portfolio Class 1 0.79%* -------------------------------------------------------- ---------- ----------------- SA Allocation Moderate Portfolio Class 3 1.04%* -------------------------------------------------------- ---------- ----------------- SA American Century Inflation Managed Portfolio Class 3 0.93% -------------------------------------------------------- ---------- ----------------- SA Columbia Focused Value Portfolio Class 2 0.88%* -------------------------------------------------------- ---------- ----------------- SA Columbia Focused Value Portfolio Class 3 0.98%* -------------------------------------------------------- ---------- ----------------- SA Franklin Allocation Moderately Aggressive Portfolio Class 2 1.08%* -------------------------------------------------------- ---------- ----------------- SA Franklin Allocation Moderately Aggressive Portfolio Class 3 1.18%* -------------------------------------------------------- ---------- ----------------- SA Multi-Managed Diversified Fixed Income Portfolio Class 2 0.86% -------------------------------------------------------- ---------- ----------------- SA Multi-Managed Diversified Fixed Income Portfolio Class 3 0.96% -------------------------------------------------------- ---------- ----------------- SA Multi-Managed International Equity Portfolio Class 2 1.28%* -------------------------------------------------------- ---------- ----------------- SA Multi-Managed International Equity Portfolio Class 3 1.38%* -------------------------------------------------------- ---------- ----------------- SA Multi-Managed Large Cap Growth Portfolio Class 2 0.95%* -------------------------------------------------------- ---------- ----------------- SA Multi-Managed Large Cap Growth Portfolio Class 3 1.05%* -------------------------------------------------------- ---------- ----------------- SA Multi-Managed Large Cap Value Portfolio Class 2 1.00%* -------------------------------------------------------- ---------- ----------------- SA Multi-Managed Large Cap Value Portfolio Class 3 1.10%* -------------------------------------------------------- ---------- ----------------- SA Multi-Managed Mid Cap Growth Portfolio Class 2 1.16% -------------------------------------------------------- ---------- ----------------- SA Multi-Managed Mid Cap Growth Portfolio Class 3 1.26% -------------------------------------------------------- ---------- ----------------- SA Multi-Managed Mid Cap Value Portfolio Class 2 1.17% -------------------------------------------------------- ---------- ----------------- SA Multi-Managed Mid Cap Value Portfolio Class 3 1.27% -------------------------------------------------------- ---------- ----------------- SA Multi-Managed Small Cap Portfolio Class 2 1.23% -------------------------------------------------------- ---------- ----------------- SA Multi-Managed Small Cap Portfolio Class 3 1.33% -------------------------------------------------------- ---------- -----------------
* This Underlying Fund is subject to an expense reimbursement or fee waiver arrangement resulting in a temporary expense reduction. For additional information, see the Underlying Fund prospectus available online at www.corebridgefinancial.com/ProductProspectuses or by calling (855) 421-2692. Please keep this supplement with your Prospectus.