The rate lock is:

Applied on the first$-$year credited inlerest rate and not on the guarantesd income payment.

A timetrame whereby Northwestein Mulual locks$-$in the first$-$year credited inferest rate for a $90-$day period on IRA direct transferlrollowers and $1035$ exchanges for amounts less than $$1$ million.

III. A time frame whereby Northwestern Mutual locks$-$in the firstyear credited inferest rate until the end of the month of the proposal date on IRA direct transferfrollovers and $1035$ exchanges is capped for amounts greater than $$3$ million.

IV$.$ A timetrame whereby Northwestern Mulual locks$-$in the first$-$year credited interest rate until the date funds are received and the application is in good order on non$-$transfertrolloverslexchanges for amounts capped for amounts between $$1$ million to $$3$ million.

Ionly

TII only

Iandli

I, II and IV