ThZeal - The Zeal

THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY

SUPPLEMENT TO THE PROSPECTUSES DATED MAY 1, 2023

NML VARIABLE ANNUITY ACCOUNT A
SUPPLEMENT TO THE PROSPECTUSES

FLEXIBLE PAYMENT VARIABLE ANNUITY
INDIVIDUAL FLEXIBLE PAYMENT VARIABLE ANNUITY (FEE-BASED)

NML VARIABLE ANNUITY ACCOUNT B
SUPPLEMENT TO THE PROSPECTUSES

FLEXIBLE PAYMENT VARIABLE ANNUITY
FLEXIBLE PAYMENT VARIABLE ANNUITY (FEE-BASED)

NML VARIABLE ANNUITY ACCOUNT C
SUPPLEMENT TO THE PROSPECTUSES

GROUP COMBINATION ANNUITY
INDIVIDUAL FLEXIBLE PAYMENT VARIABLE ANNUITY (NETWORK EDITION)

This Supplement updates certain information in the most recent prospectuses, initial summary prospectuses and updating summary prospectuses, as applicable, for the above-referenced variable annuity contracts and any supplements to the prospectuses, initial summary prospectuses and updating summary prospectuses (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.

Effective March 1, 2024, Appendix A – Portfolios Available under Your Contract is amended to reflect the following information for the Fidelity® VIP Mid Cap Portfolio – Initial Class, and the Fidelity® VIP Contrafund® Portfolio – Initial Class, respectively, to reflect a restatement of the funds’ current expenses:

Investment Objective	Portfolio	Adviser/ Sub-adviser (if applicable)	Current Expenses	Average Annual Total Returns (as of 12/31/2022)
Investment Objective	Portfolio	Adviser/ Sub-adviser (if applicable)	Current Expenses	1 Year	5 Year	10 year
Long-term growth of capital	Fidelity® VIP Mid Cap Portfolio – Initial Class2	Fidelity Management & Research Company LLC (FMR)4	0.57%	-14.74%	5.95%	9.96%
Long-term capital appreciation	Fidelity® VIP Contrafund® Portfolio – Initial Class2	Fidelity Management & Research Company/FMR Co., Inc.4	0.56%	-26.31%	8.66%	11.43%

Please retain this Supplement for future reference.

This Supplement is dated March 7, 2024.