Supplement dated February 14, 2025, to the Updating Summary Prospectus and Prospectus dated May 1, 2024

for Executive Benefit VUL and Executive Benefit VUL II policies
issued by Empower Annuity Insurance Company of America

COLI VUL-2 Series Account

Supplement dated February 14, 2025, to the Updating Summary Prospectus and Prospectus dated May 1, 2024

for Executive Benefit VUL II policies
issued by Empower Life & Annuity Insurance Company of New York

COLI VUL-2 Series Account

This Supplement amends certain information in your variable universal life policy prospectus and updating summary prospectus (collectively, the “Prospectuses”). Please read this Supplement carefully and keep it with your Prospectuses for future reference. You may obtain a current prospectus by visiting www.protective.com/productprospectus or by calling 1-888-353-2654.

Effective immediately, the Sub-Account investing in the Janus Henderson Global Sustainable Equity Portfolio – Institutional Shares is closed to new investors.

If you have any questions regarding this Supplement or if you wish to receive prospectuses for the Funds available under your Policy, contact us by writing or calling Protective Life at P.O. Box 292, Birmingham, AL 35201-0292 or toll free at 1-888-353-2654. You may also obtain Fund prospectuses online at www.protective.com/productprospectus by selecting your Policy then “Investment Options.”  Please keep this Supplement for future reference.