For Financial Professional Use Only. Not for Use With Consumers. 20 Help clients mitigate downside risk with Protective Life Dynamic Allocation Series portfolios Managed by Janus and sold exclusively by Protective, the Protective Life Dynamic Allocation Series can help you help clients remove the emotion from investing by the following rules-based process. How the portfolios work NOTE: For more complete information, please see the prospectus for the Protective Life Dynamic Allocation Series. Weekly, the process measures each asset class’s current price against a benchmark, which is the 252 day exponentially- weighted moving average. Based on the measure, a market signal is triggered, causing each equity allocation to either stay the same, or shift to or from short-term investments. If a shift is triggered, only 25% of the asset class’s target allocation is moved to and from short-term investments on a weekly basis. MOVE ACT MEASURE AVAILABLE DURING ACCUMULATION AND DISTRIBUTION