NML Variable Life Account II (VULP-NY)

THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY

SUPPLEMENT TO THE PROSPECTUS DATED MAY 1, 2026

NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT II

VARIABLE UNIVERSAL LIFE PLUS NY

This Supplement updates certain information in the most recent prospectus, initial summary prospectus, and updating summary prospectus, as applicable, for the above-referenced variable life policy and any supplements to the prospectus, initial summary prospectus, and updating summary prospectus (together the “Prospectuses”). You should read this Supplement in conjunction with your Prospectuses and retain it for future reference. Unless otherwise indicated, all other information included in the Prospectuses remains unchanged. The terms and section headings we use in this Supplement have the same meaning as in the Prospectuses. We will send you another copy of any prospectus or supplements without charge upon request.

Reduction of Current Surrender Charge

Effective October 28, 2026, the current surrender charge is reduced to 0% for all Policy Years and Issue Ages. Accordingly, no surrender charge will be deducted upon surrender of the Policy or upon a change to Paid-Up Insurance. The Policy continues to provide for surrender charges and guaranteed maximum surrender charge rates as described in the Policy and Prospectus.

Update to Fees and Expenses

Effective October 28, 2026, the description of “Charges for Early Withdrawal” in the “Fees and Expenses” subsection of the “IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE POLICY” section is deleted in its entirety and replaced with the following:

FEES AND EXPENSES

Cross-

Reference(s)

to Location in

Prospectus

Charges for Early

Withdrawals

If you surrender your Policy (or if you change your Policy to Paid-up insurance)

in the first ten Policy Years you will be assessed a surrender charge. The

current surrender charge is 0%.

Withdrawals are subject to a $25 service charge (currently waived) for each

withdrawal request.

Fee and

Expense

Tables –

Transaction

Fees

(Surrender

Charge and

Withdrawal

Fee)

Also see

Information

About the

Policy – Other

Benefits

Available

Under the

Policy

(Paid-Up

Insurance)

Update to Transaction Fees

Effective October 28, 2026, the description of “Surrender Charge,” “Maximum Charge,” “Minimum Charge,” and “Charge for Insured Issue Age 35” in the “Transaction Fees” subsection of the “Fee and Expense Tables” section are deleted in their entirety and replaced with the following:

Charge	When Charge is Deducted	Amount Deducted
Charge	When Charge is Deducted	Guaranteed Maximum Charge	Current Charge
Surrender Charge3	Upon surrender or change to paid-up insurance during the first ten Policy Years
Maximum Charge4		Same as current charge	0% in Policy Years 1-5 of the Target Premium, grading down monthly in Policy Years 6-10 to 0%
Minimum Charge5		Same as current charge	0% in Policy Years 1-5 of the Target Premium, grading down monthly in Policy Years 6-10 to 0%

Charge for Insured Issue

Age 35

Same as current charge

0% in Policy Years 1-5 of the Target

Premium, grading down monthly in Policy

Years 6-10 to 0%

This Supplement is dated October 27, 2026.