Thrivent Investment Management, Inc. Continuity Planning Information

Thrivent Investment Management, Inc., a subsidiary of Thrivent Financial for Lutherans, is providing this document to inform you of its ability to respond to certain business disruptions. In keeping with our business continuity planning process, Thrivent Investment Management maintains back-up facilities in geographic locations separate from its primary facilities. Using these back-up facilities, the firm intends to continue business in the event of a significant business disruption in all of our business lines within one day after a disruption. It may, however, take us up to three to four days to recover depending on the availability of data and applications and on the availability of key employees. If the significant business disruption is so severe that it prevents us from remaining in business, Thrivent Investment Management will assure our members prompt access to their funds and securities.

The Business Continuity Plan (BCP) process begins with each business division reviewing its business continuity risk. This process encompasses all aspects of Thrivent Investment Management's key activities. This assessment defines, for each business process, its criticality, exposure to risk, and likelihood of failure.

Business units then develop plans to mitigate interruptions of processes deemed critical. Critical data and systems are backed-up, and alternative systems and procedures, are identified to enable continued business functionality. BCP Plans are reviewed annually and are subject to modification. Disclosure statement updates will be posted on the website and will be available upon request.

Thrivent Investment Management's intent is to resume business. The following describes specific disruption events and the firm's intended general business continuation responses to them. While our plans attempt to deal with the potential impact of a wide variety of scenarios, any specific response will inevitably be highly dependent upon the nature and extent of the disruption.

• Firm-Only Disruptions In the event that there is a significant business disruption to the firm's internal primary systems, Thrivent Investment Management will transfer operations to its back-up facilities.
• Single Building Disruption In the event that the disruption may be caused by physical damage, technology problems, or an inability to have personnel arrive at the office, the firm will transfer operations to another Thrivent location. Thrivent Investment Management's ability to resume business following a disruption to a specific building depends on the building affected.
• Business-District, Citywide, or Regional Disruption In the event that there is a significant disruption that affects the business district, city or region where the firm's primary systems are located, Thrivent Investment Management will transfer operations to back-up facilities and other Thrivent locations.