Annuities Legal Information Privacy Information

Important Legal Information Distributor Variable annuities issued by Pacific Life & Annuity Company are distributed by Pacific Select Distributors, Inc. (member FINRA & SIPC), a subsidiary of Pacific Life & Annuity Company, and are available through licensed third party broker/dealers. Variable Annuities You should carefully consider the underlying fund investment objectives, risks, charges, limitations and expenses of a variable annuity. This and other information about Pacific Life & Annuity are in prospectuses available from your registered representative or by calling customer service. Read the prospectus carefully before investing. Pacific Life & Annuity: Variable annuities are long-term investments designed for retirement. The value of the variable investment options will fluctuate and, when redeemed, may be worth more or less than the original cost. Withdrawals and other distributions of taxable amounts, including death benefit payouts, will be subject to ordinary income tax. If withdrawals and other distributions are taken prior to age 59½, a 10% federal tax penalty may apply. A withdrawal charge may also apply. Withdrawals will reduce the value of the death benefit and any optional benefits. Guarantees are subject to Pacific Life & Annuity Company's claims-paying ability and do not protect the value of the variable investment options. Pacific Life & Annuity Company's individual variable annuities are available for sale in the state of New York only. This material may be used in New York only. Qualified Plans & IRAs IRAs and qualified plans — such as 401(k)s and 403(b)s — are already tax-deferred. Therefore, an annuity should only be used to fund an IRA or qualified plan to benefit from the annuity's features other than tax deferral. These include lifetime income, death benefit options and the ability to transfer among investment options without sales or withdrawal charges. Portfolio Optimization As investment adviser, Pacific Life Fund Advisors LLC (PLFA) has limited discretion to periodically make changes in the Portfolio Optimization investment options and to reallocate your contract values in accordance with the model you have selected because the model may be updated from time to time. Asset allocation does not guarantee future results. Asset allocation matches risk to a portfolio. It does not guarantee future results, assure a profit or protect against loss. Investment Disclosure Dollar Cost Averaging (DCA) can be a convenient way to continuously invest, regardless of changing prices. However, it does not assure a profit or protect against loss in declining markets. Investors should consider their financial ability to continue to invest, even when prices are low. The stated minimum interest rate is credited on a declining balance as money is transferred out of the DCA Plus Fixed Option. Pacific Life & Annuity Company assumes the investment risk on the Fixed Options and payment is guaranteed by Pacific Life & Annuity Company, subject to its claims-paying ability. The following considerations apply to the portfolios underlying the variable investment options within Pacific Life & Annuity's variable annuities: The Money Market Portfolio is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency, and it is possible to lose money investing in the portfolio. High-yield bonds have greater credit risk than higher quality bonds. Small-cap, mid-cap and emerging-growth company stocks may be riskier and more volatile than larger, more established company stocks. International investing is subject to currency fluctuations and political changes. Real estate investments involve risks such as refinancing, economic impact on industry, changes in property values, dependency on management skills and risks similar to small company investing. Sector portfolios and concentrated portfolios with fewer securities may be subject to greater price volatility. Floating rate loans involve greater risk of default on interest and principal payments or price changes due to changes in credit quality of the issuer. The value can be more volatile due to increased sensitivity to adverse issuer, political, regulatory, market, or economic developments. Although some portfolios may have names or investment objectives that resemble retail mutual funds managed by the same money manager, these portfolios will not have the same underlying holdings or performance as the retail mutual funds. Investment results may be higher or lower. Indices are unmanaged and cannot be invested in directly. Pacific Value Credit enhancements are treated as additional earnings when distributed for tax purposes and will be subject to market risk when invested in the variable investment options. In certain scenarios, Pacific Life & Annuity Company will recapture the credit enhancement; see the prospectus for more information. Contracts with credit enhancements may have higher fees and expenses and longer surrender periods than contracts that do not provide credit enhancements. Any Pacific Value credit enhancement will not apply to the Flexible Lifetime Income, Lifetime Income Access Plus or GPA5 guarantees, unless a step-up occurs. Optional Riders Check with your registered representative regarding age restrictions. Only one Guaranteed Minimum Withdrawal Benefit (GMWB) rider can be elected on a Pacific Life & Annuity Company variable annuity. GMWB withdrawals are not annuity payouts. Annuity payouts generally receive a more favorable tax treatment than other withdrawals. GPA5 withdrawals during the 10-year term reduce the protected amount in direct proportion to the percentage that the contract value was reduced. A step-up cannot be elected if the new 10-year term will extend beyond the date the contract is converted to a payout stream (annuity date). GPA5 additions to the contract will be treated as earnings for income tax purposes. GIA Plus is named "Guaranteed Income Annuity" in the contract rider. Although the step-ups cease and the guaranteed income base (amount invested grown at 5% annually) calculation ends after the annuitant reaches age 80, annual charges will apply as long as GIA Plus is in effect. It's possible that your income payouts could be higher without GIA Plus. If this occurs, you will receive the higher amount. You will have incurred the annual fee and receive no additional benefit. Earnings Enhancement Guarantee is named "Earnings Enhancement Guarantee" in the contract rider. Flexible Lifetime Income (Single Life) is named "5% Guaranteed Withdrawal Benefit" in the contract rider. While Flexible Lifetime Income doesn't guarantee you a 5% return or growth rate, you can continue to take withdrawals regardless of your annuity's actual value — even if it is $0. The Flexible Lifetime Income 6% credit increases the protected amount that can be withdrawn in later years, but it is not added to your contract value. Flexible Lifetime Income credits will be treated as earnings for income tax purposes. A reset may change the protected amount and withdrawal amounts after a reset may be higher or lower. Lifetime Income Access Plus is named "Enhanced Guaranteed Withdrawal Benefit" in the contract rider. Lifetime Income Access Plus credits will be treated as earnings for income tax purposes. A reset may change the protected amount and withdrawal amounts after a reset may be higher or lower. Tax Information This material is not intended to be used, nor can it be used by any taxpayer, for the purpose of avoiding U.S. federal, state or local tax penalties. This material is written to support the promotion or marketing of the transaction(s) or matter(s) addressed by this material. Pacific Life & Annuity Company, its distributor and respective representatives do not provide tax, accounting or legal advice. Any taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax adviser. The federal and state income tax laws regarding variable annuities are complex and subject to change. Representations made herein are neither complete nor necessarily up-to-date. For example, no attempt is made to describe the tax rules related to IRAs and qualified plans. Contracts owned by entities, such as corporations, partnerships and certain trusts, are not eligible for tax deferral. Pacific Life & Annuity Company does not provide administration services for qualified plans and does not act in a fiduciary capacity. Neither Pacific Life & Annuity Company nor its representatives give tax or legal advice. You should consult your tax adviser regarding your specific situation. No bank guarantee Not a deposit Not FDIC/NCUA insured May lose value  Not insured by any federal government agency

Our Privacy Promise We do not sell information about you. We do not share your information with anyone else for marketing purposes. We use your personal information only to help transact the business you have with us. Privacy Notice to Our Customers As our customer, you trust us to help you achieve financial success and security. We provide this notice because you have a right to know how we protect the privacy of the personal information you share with us. Your knowledge of our privacy principles and practices will confirm the trust you have placed in us. What Personal Information Do We Collect? The type of information that we collect depends on the type of product or service you request. This includes: Information you provide on an application or other form (for example, name, address, social security number, or income). Information we get from other sources such as credit reporting agencies and information to verify employment or income. Information about your business and history with us. Medical or health information you permit us to receive from doctors or other health care providers. Most of the personal information we collect is obtained from you. We collect personal information needed only to service and administer your business with us. How Do We Use and Disclose Your Information? The main use of your information is to confirm your identity in the course of business that we perform at your request. We also use your information to underwrite policies or contracts, process claims, and service your accounts with us. Information may be disclosed to other entities that provide business services to us related to our transactions with you. This includes administrative, claims, or audit services. Examples are your producer/registered representative, broker, or a reinsurance company. Before we disclose your information, these entities must agree to keep it private. We may also share information within our corporate family to service your business. For example, our business units provide administrative services, policy document preparation and delivery, and claims processing. If necessary, we disclose information when it is required by law. An example is a routine filing to the Internal Revenue Service (such as a Form 1099). We may also disclose certain information to other entities to help us report or prevent fraud. Examples are reports to a regulatory or law enforcement agency. What Medical and Health Information Do We Collect? We may receive medical or health information about you. This may be on an application for insurance or when we process a claim, as approved by you in writing. We do not share that medical or health information among our family of companies. We do not share it with unrelated companies, except as needed to process your transactions. This may be necessary to provide services that you have requested related to your insurance coverage or payment. How Do We Protect the Security of Your Information? We have policies to maintain physical, electronic, and procedural safeguards to protect the confidentiality of your personal information. Access to personal information is available only to those people who need to know it in order to service your business. Should your relationship with us end, we will continue to follow the privacy policies described in this notice to the extent that we retain information about you. If we no longer need to retain that information, we will dispose of it in a secure manner. Do You Need to Do Anything? It is not necessary for you to take any action. This is because we do not share your information except to service the business you have requested from us. You do not need to "opt-out" or "opt-in" as you may have done with other financial companies. How Can You See And Correct Your Information? Generally, you have the right to review the personal information we have about you. You must request this in writing. We will not disclose information we have collected in connection with a claim or lawsuit. If you believe that any of the information we have is in error, you may write us and request a correction. Where justified, corrections will be made. Please direct inquiries about accessing or correcting your information to the address below: Pacific Life Privacy Office 700 Newport Center Drive Newport Beach, CA 92660 If you have questions regarding Pacific Life & Annuity's Privacy Promise, please call toll free (877) 722-7848. Please have a copy of your policy or contract available when you call so we may provide you with the best service. Pacific Life & Annuity will send you a copy of our privacy notice annually.