X0508 4 2026-03-06 0 0000832480 UTG INC UTGN 0001064892 CORRELL JESSE T PO BOX 328 STANFORD KY 40484 1 1 1 0 Chairman & CEO 0 Common Stock 81562 D Common Stock 2026-03-06 4 P 0 5162 0 A 486957 I By First Southern Funding, LLC Common Stock 72750 I By WCorrell, Limited Partnership Common Stock 204909 I By First Southern Bancorp, Inc. Common Stock 1201876 I By First Southern Holdings, LLC. Stock Options 48.4 2030-09-04 Common Stock 15000 15000 D The reporting person is President and Manager of First Southern Funding, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. This transaction is being reported to reflect the redemption by First Southern Funding, LLC of membership interests from one member. On March 6, 2026, First Southern Funding, LLC redeemed a member owning 9.4 units (1.21% interest). This redemption increased the membership interest of the reporting person (and his spouse) by 1.06%. The shares of UTG, Inc. reported as acquired represent 1.06% of the UTG shares owned by First Southern Funding, LLC. No separate price was stated for those shares. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. The reporting person is the managing general partner of WCorrell, Limited Partnership. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. The reporting person is Chairman and President of First Southern Bancorp, Inc. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. The reporting person is the President and First Southern Bancorp, Inc. is a 99% member of First Southern Holdings, LLC. See note (4). The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. These options were granted on September 4, 2025, pursuant to the terms of a stock option agreement under the 2025 Stock Option Plan. The options vest in 5 equal installments on each of the first five anniversaries of the date of grant, subject to the reporting person's continuing service through each such date. /s/ Jill Martin, Attorney-in-Fact 2026-03-09