July 27, 2021

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Genworth Announces Filing of Registration Statement for Proposed Initial Public Offering by its U.S. Mortgage Insurance Business

RICHMOND, Va., April 19, 2021 / PRNewswire / – Genworth Financial, Inc. (NYSE: GNW) (Genworth, the company) announced today that its wholly-owned subsidiary Genworth Mortgage Holdings, Inc. (GMHI) has filed a registration statement on Form S-1 with the US Securities and Exchange Commission in connection with the proposed IPO (the Offering) of its common stock. The number of shares offered and the price range for the proposed offer have not yet been determined. The offer is subject to market conditions and no assurance can be given as to whether or when the offer can be completed or what the actual size or conditions of the offer are.

JP Morgan and Goldman Sachs & Co. LLC will act as joint book-running managers for the proposed offering.

The proposed offer is only made on the basis of a prospectus. Copies of the preliminary prospectus, if available, can be obtained from: JP Morgan Securities LLC, c / o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by calling 1-866-803-9204; or Goldman Sachs & Co. LLC, Attention: Brochure Department, 200 West Street, New York, NY 10282, by email to [email protected]or by phone at (866) 471-2526.

A Form S-1 registration statement relating to these securities has been filed with the SEC but has not yet entered into force. These securities may not be sold or offers to buy accepted prior to the effective date of the registration statement. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor may a sale of these securities take place in any state or jurisdiction in which such offer, solicitation or sale is prior to Registration or illegal would qualify under the securities laws of such state or jurisdiction.

About Genworth Financial
Genworth Financial, Inc. (NYSE: GNW) is a Fortune 500 insurance holding company dedicated to helping families realize the dream of home ownership and the financial challenges of aging through leadership roles in mortgage insurance and long-term care insurance. Headquarters in Richmond, VirginiaGenworth dates back to 1871 and was converted into a public company in 2004.

From time to time Genworth will post important information about postings on its corporate website. Accordingly, investors and other interested parties are encouraged to sign up to receive automatic email notifications and Really Simple Syndication (RSS) feeds of new postings. Please refer to the Investors section of genworth.com for registration information.

SOURCE Genworth Financial, Inc.

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http://www.genworth.com