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NOTICE - TERMINATION OF RETIREE GROUP LIFE INSURANCE PLAN
Sears Holdings Corporation is terminating the Sears Retiree Group Life Insurance Plan (the "Plan"), which provides life insurance benefits to eligible retirees of Sears and its affiliates. The termination will be effective on March 15, 2019. Plan benefits are currently provided under group insurance policies issued to Sears by Securian Financial Group and Allstate Life Insurance Company, which are being cancelled. We have been informed by Securian that you will have the opportunity to convert your coverage to individual life insurance policies effective as of March 15, 2019, at your own cost. You will be receiving information from Securian about your conversion option, and the cost of this coverage, in the coming days.

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