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National Western Life Group, Inc. News Releases

Austin, Texas, August 6, 2021

Austin, Texas, August 6, 2021 - Ross R. Moody, Chairman of the Board, President, and Chief Executive Officer of National Western Life Group, Inc. (Nasdaq: NWLI), announced today second quarter 2021 consolidated net earnings of $49.9 million, or $14.11 per diluted Class A common share, compared with consolidated net earnings of $48.4 million, or $13.69 per diluted Class A common share, for the second quarter of 2020. For the six months ended June 30, 2021, the Company reported consolidated net earnings of $112.0 million, or $31.68 per diluted Class A common share, compared with $46.4 million, or $13.11 per diluted Class A common share, a year ago. The Company's book value per share as of June 30, 2021 was $698.52.