AuguStar Variable Account A has announced significant changes affecting its variable annuity and life insurance products. The company's Board of Directors has approved three reorganizations that will impact certain portfolios within its offerings. This decision is aimed at enhancing the performance and efficiency of the affected portfolios.

The reorganizations are set to take effect on December 18, 2026. The Board concluded that each reorganization is in the best interests of the portfolios involved, with expectations that the total annual operating expenses of the survivor portfolios will be the same or lower than those of the target portfolios.

Contract owners who have allocated value to the affected portfolios will receive notifications regarding these changes. The assets from the target portfolios will be automatically transferred to their corresponding survivor portfolios. This means that contract owners will not need to take any action unless they wish to reallocate their contract value to other portfolios.

During the transition period from October 19, 2026, to February 16, 2027, contract owners will have the opportunity to make one transfer of contract value out of a target portfolio or the corresponding survivor portfolio without incurring any charges. This flexibility is designed to ensure that contract owners can manage their investments effectively during the reorganization process.

The announcement follows a series of recent filings by AuguStar Variable Account A, with the most recent being on November 3, 2026. The company is based in Cincinnati, Ohio, and operates under the Central Index Key (CIK) 0000073981.

As the reorganization approaches, contract owners are encouraged to review their portfolios and consider how the changes may affect their investment strategies. Detailed information regarding the reorganization, including the specific portfolios involved, will be made available on the company's website and through direct communications to contract owners.

With these changes, AuguStar Variable Account A aims to strengthen its position in the investment industry and provide better value to its customers.