Pruco Life's and Pruco Life of NJ'sPruLife� Custom Premier II (2015)

Past performance does not guarantee future results. Current performance may be lower or higher than the past performance data quoted. The investment return and principal value of an investment will fluctuate so that an investor's units, when redeemed, may be worth more or less than their original cost.

Monthly Performance Review - 12/31/2021
Fund Information	Monthly Average Annual Total Returns As of - 12/31/2021							Quarterly Average Annual Total Returns As of - 12/31/2021
Variable Investment Subaccounts	Inception Date	YTD %	1 Year %	3 Years %	5 Years %	10 Years %	Since Inception %	1 Year %	5 Years %	10 Yrs/Since Inception %^††
Specialty:
AST Cohen & Steers Realty PortfolioOpens a PDF	1/02/1998	42.70	42.70	22.00	12.90	12.06	10.01	42.70	12.90	12.06
AST T. Rowe Price Natural Resources PortfolioOpens a PDF	5/01/1995	23.67	23.67	12.14	5.29	3.57	8.21	23.67	5.29	3.57
MFS Utilities Series Portfolio ⁹Opens a PDF	1/03/1995	13.98	13.98	14.64	11.78	9.82	11.25	13.98	11.78	9.82
Neuberger Berman AMT Sustainable Equity Port.¹Opens a PDF	5/01/2006	23.04	23.04	22.52	15.33	14.00	9.31	23.04	15.33	14.00
PSF Natural Resources Portfolio ¹⁴Opens a PDF	4/17/1989	25.38	25.38	15.86	4.89	-0.21	7.97	25.38	4.89	-0.21
Global/International:
American Funds Insurance Series International Fund ⁸Opens a PDF	5/01/1990	-1.59	-1.59	11.21	9.53	8.02	7.70	-1.59	9.53	8.02
AST International Value Portfolio⁹Opens a PDF	5/01/1995	7.54	7.54	8.59	5.65	5.61	4.55	7.54	5.65	5.61
AST J.P. Morgan International Equity PortfolioOpens a PDF	5/17/1989	10.96	10.96	16.79	11.22	8.25	6.38	10.96	11.22	8.25
AST MFS Global Equity PortfolioOpens a PDF	10/18/1999	16.73	16.73	20.02	14.09	12.69	7.96	16.73	14.09	12.69
Janus Henderson Overseas Portfolio ¹Opens a PDF	5/02/1994	13.18	13.18	18.42	12.97	5.88	8.17	13.18	12.97	5.88
PSF Global Portfolio ¹⁴Opens a PDF	4/17/1989	18.11	18.11	21.20	15.52	12.95	7.14	18.11	15.52	12.95
PSF International Growth Portfolio ¹⁴Opens a PDF	9/22/2000	12.37	12.37	25.17	18.32	12.17	4.17	12.37	18.32	12.17
Large-Cap Growth:
American Funds Insurance Series Growth Fund ⁸Opens a PDF	4/17/1989	21.87	21.87	34.24	25.32	19.59	13.25	21.87	25.32	19.59
AST Loomis Sayles Large-Cap Growth PortfolioOpens a PDF	12/22/1997	18.24	18.24	26.91	21.44	17.87	10.46	18.24	21.44	17.87
AST MFS Growth PortfolioOpens a PDF	10/18/1999	23.26	23.26	30.28	24.14	18.75	7.80	23.26	24.14	18.75
AST T. Rowe Price Large Cap Growth Portfolio ¹Opens a PDF	5/01/1996	16.99	16.99	27.92	24.52	19.91	10.15	16.99	24.52	19.91
Fidelity^(R) VIP Contrafund ^(SM) Portfolio ⁸Opens a PDF	1/03/1995	27.38	27.38	29.53	19.76	16.20	12.13	27.38	19.76	16.20
Hartford Disciplined Equity HLS Fund ⁸Opens a PDF	5/29/1998	25.08	25.08	25.29	18.48	17.00	8.65	25.08	18.48	17.00
PSF PGIM Jennison Blend Portfolio ¹⁴Opens a PDF	4/17/1989	20.23	20.23	25.89	18.98	15.20	9.43	20.23	18.98	15.20
PSF PGIM Jennison Focused Blend Portfolio ¹⁴Opens a PDF	5/03/1999	16.72	16.72	25.28	19.34	14.92	9.52	16.72	19.34	14.92
PSF PGIM Jennison Growth Portfolio ¹⁴Opens a PDF	4/25/1995	15.89	15.89	34.05	26.68	20.22	11.90	15.89	26.68	20.22
Large-Cap Blend:
American Funds Insurance Series Growth-Income FundOpens a PDF	4/17/1989	23.97	23.97	21.01	16.29	15.30	10.60	23.97	16.29	15.30
BNY Mellon Sustainable U.S. Equity PortfolioOpens a PDF	1/02/2001	26.55	26.55	27.98	18.09	15.19	6.50	26.55	18.09	15.19
Hartford Capital Appreciation HLS Fund ⁸Opens a PDF	4/01/1998	14.34	14.34	22.04	15.46	14.26	8.38	14.34	15.46	14.26
MFS Value Series ⁸Opens a PDF	1/02/2002	25.33	25.33	18.88	12.15	13.31	8.89	25.33	12.15	13.31
PSF Stock Index Portfolio ¹⁴Opens a PDF	4/17/1989	28.15	28.15	25.56	18.02	16.11	10.27	28.15	18.02	16.11
Large-Cap Value:
AST Hotchkis & Wiley Large-Cap Value Portfolio ¹Opens a PDF	1/03/1994	29.08	29.08	18.72	11.31	13.32	7.74	29.08	11.31	13.32
AST T. Rowe Price Large-Cap Value Portfolio Opens a PDF	10/23/2000	25.42	25.42	17.20	11.08	10.03	5.93	25.42	11.08	10.03
Franklin Income VIP Fund ⁸Opens a PDF	1/06/1999	16.64	16.64	10.80	7.34	7.27	7.02	16.64	7.34	7.27
Franklin Mutual Shares VIP Fund ¹¹Opens a PDF	1/06/1999	19.05	19.05	11.41	6.34	8.89	6.79	19.05	6.34	8.89
Hartford Dividend and Growth HLS Fund ⁸Opens a PDF	4/01/1998	31.54	31.54	21.86	15.05	14.30	8.08	31.54	15.05	14.30
Templeton Growth VIP Fund ⁸Opens a PDF	1/06/1999	4.77	4.77	8.40	5.11	7.25	4.85	4.77	5.11	7.25
PSF PGIM Jennison Value Portfolio ¹⁴Opens a PDF	4/17/1989	27.66	27.66	18.49	11.86	11.58	8.79	27.66	11.86	11.58
Mid-Cap Growth:
AST Mid-Cap Growth PortfolioOpens a PDF	5/01/2000	10.38	10.38	24.57	18.60	14.71	4.27	10.38	18.60	14.71
Fidelity^(R) VIP MidCap Portfolio ⁸Opens a PDF	12/28/1998	25.18	25.18	21.95	13.22	12.89	12.51	25.18	13.22	12.89
PSF Mid-Cap Growth Portfolio ¹⁴Opens a PDF	9/22/2000	10.58	10.58	30.87	20.35	15.45	8.47	10.58	20.35	15.45
Mid-Cap Blend:
BNY Mellon MidCap Stock Portfolio ¹Opens a PDF	1/02/2001	25.44	25.44	17.40	9.40	12.14	6.37	25.44	9.40	12.14
Mid-Cap Value:
American Century VP Mid Cap Value Portfolio ¹Opens a PDF	12/01/2004	23.08	23.08	17.10	9.31	12.72	10.05	23.08	9.31	12.72
Small-Cap Growth:
AST Small-Cap Growth Opportunities PortfolioOpens a PDF	10/23/2000	-1.45	-1.45	21.97	15.58	14.79	7.81	-1.45	15.58	14.79
AST Small-Cap Growth Portfolio¹Opens a PDF	1/03/1994	4.43	4.43	26.25	17.93	14.96	9.02	4.43	17.93	14.96
Small-Cap Blend:
PSF Small-Cap Stock Index Portfolio ¹⁴Opens a PDF	4/25/1995	26.21	26.21	19.62	12.00	14.08	11.17	26.21	12.00	14.08
PSF Small-Cap Value Portfolio ¹⁴Opens a PDF	9/22/2000	26.33	26.33	16.41	8.78	11.65	8.84	26.33	8.78	11.65
Small-Cap Value:
AST Small-Cap Value PortfolioOpens a PDF	1/02/1997	31.39	31.39	17.28	7.47	11.66	8.79	31.39	7.47	11.66
Fixed Income:
AST BlackRock Low Duration Bond PortfolioOpens a PDF	5/01/1995	-0.70	-0.70	2.07	1.69	1.23	3.47	-0.70	1.69	1.23
AST BlackRock/Loomis Sayles Bond Portfolio ⁴Opens a PDF	1/03/1994	-1.23	-1.23	4.95	3.65	3.11	5.12	-1.23	3.65	3.11
AST Global Bond Portfolio Opens a PDF	7/13/2015	-1.56	-1.56	3.17	3.04	No data available	2.94	-1.56	3.04	2.94
MFS Total Return Bond Series ⁸Opens a PDF	10/24/1995	-0.91	-0.91	5.74	4.04	3.55	5.06	-0.91	4.04	3.55
PSF PGIM Total Return Bond Portfolio ¹⁴Opens a PDF	4/17/1989	-0.86	-0.86	5.97	4.88	4.58	5.82	-0.86	4.88	4.58
PSF PGIM High Yield Bond Portfolio ¹⁴Opens a PDF	4/17/1989	7.82	7.82	10.26	7.33	7.30	6.24	7.82	7.33	7.30
Money Market:
PSF PGIM Government Money Market Portfolio 7-Day Current Net Yield as of 12/31/2021:-0.05% ¹⁴Opens a PDF	4/17/1989	0.00	0.00	0.69	0.79	0.37	2.70	0.00	0.79	0.37
Balanced:
AST J.P. Morgan Tactical Preservation Portfolio¹²Opens a PDF	5/03/1993	7.84	7.84	11.16	7.84	6.91	6.15	7.84	7.84	6.91
Asset Allocation:
AST Balanced Asset Allocation Portfolio²Opens a PDF	12/05/2005	12.73	12.73	14.51	10.37	9.38	6.83	12.73	10.37	9.38
AST BlackRock Global Strategies Portfolio ⁵Opens a PDF	4/29/2011	11.56	11.56	11.11	7.87	6.97	5.75	11.56	7.87	6.97
AST Preservation Asset Allocation Portfolio ³Opens a PDF	12/05/2005	6.14	6.14	9.86	7.21	6.62	5.60	6.14	7.21	6.62
AST Wellington Management Hedged Equity Portfolio ²Opens a PDF	12/05/2005	11.94	11.94	12.83	9.13	8.68	5.54	11.94	9.13	8.68
TOPS Aggressive Growth ETF ⁶Opens a PDF	4/26/2011	19.19	19.19	18.57	12.55	11.37	9.12	19.19	12.55	11.37
TOPS Balanced ETF ⁶Opens a PDF	4/26/2011	9.51	9.51	11.16	7.50	6.61	5.73	9.51	7.50	6.61
TOPS Conservative ETF ⁶Opens a PDF	4/26/2011	6.34	6.34	8.26	5.66	4.79	4.37	6.34	5.66	4.79
TOPS Growth ETF ⁶Opens a PDF	4/26/2011	16.40	16.40	16.56	11.21	10.02	8.91	16.40	11.21	10.02
TOPS Managed Risk Balanced ETF ⁷Opens a PDF	6/09/2011	8.46	8.46	9.50	6.37	5.18	4.78	8.46	6.37	5.18
TOPS Managed Risk Growth ETF ⁷Opens a PDF	4/26/2011	12.48	12.48	11.40	8.19	6.04	5.05	12.48	8.19	6.04
TOPS Managed Risk Moderate Growth ETF ⁷Opens a PDF	6/09/2011	10.95	10.95	10.90	7.54	5.98	5.48	10.95	7.54	5.98
TOPS Moderate Growth ETF⁶Opens a PDF	4/26/2011	12.70	12.70	13.94	9.43	8.39	6.93	12.70	9.43	8.39

The average annual total returns reflect the reinvestment of all dividends and capital gains, and the deduction of investment management fees, expenses, as well as contract’s specific Mortality and Expense Risk Charge. The returns do not reflect other life insurance policy charges (sales, administration, and actual cost of insurance) nor any applicable surrender or lapse charges, which would significantly lower the stated returns. You may obtain a personalized illustration, from your licensed financial professional, which reflects the cost of your policy's insurance protection.

The yield quotation more closely reflects the current earnings of the fund than the total return quotation.

The table above shows the historical performance of the subaccounts of Pruco Life's Variable Universal Account separate account, which was established, April 17, 1989. The subaccounts are available through PruLife®Custom Premier II 2015 Insurance contracts. The performance in this table assumes that the subaccount was available from inception of the separate account that supports your variable life policy or, in cases where the subaccount was created after the separate account, from inception date of the subaccount. Performance may be hypothetical for periods prior to when the subaccount was added to the separate account, when indicated by a footnote.

PLEASE REVIEW THIS MATERIAL WITH A CURRENT VARIABLE PRODUCT PROSPECTUS, PRODUCT MATERIAL (product brochure or illustration).

Investors should consider the contract and the underlying portfolios' investment objectives, risks, and charges and expenses carefully before investing. The contract's prospectus and the underlying portfolio prospectus contain information relating to investment objectives, risks, and charges and expenses as well as other important information. You should read the prospectuses carefully before investing.

An investment in the Prudential Series Fund Government Money Market Portfolio is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Portfolio seeks to preserve the value of your investment at $10.00 per share, it is possible to lose money by investing in the Portfolio. The yield quotation more closely reflects the current earnings of the Money Market Portfolio than the total return quotation.

Investing in a particular sector increases vulnerability to any single economic, political, or regulatory developments. Small cap stocks may be subject to more erratic movements than large cap stocks; foreign securities are subject to currency fluctuation and political uncertainty. Fixed income investments are subject to interest rate risks, and their value will decline as interest rates rise. These risks may result in greater share price volatility.

With respect to the SP Portfolios of The Prudential Series Fund, the Portfolio's investment manager (Prudential Investments LLC) is absorbing a portion of the expenses of certain portfolios. That expense absorption may be discontinued at any time. Absent such expense absorption, the performance quoted would be lower. Performance returns without the expense absorption are available without charge upon request from your variable life and variable annuity customer service call centers.

The Prudential Series Fund (PSF) and Advanced Series Trust (AST) investment portfolios are available to the public only through variable life and variable annuity contracts. The performance of these portfolios is not related to that of any other retail mutual funds, despite any similarities in their names, investment objectives or policies.

Life insurance policies contain exclusions, limitations, reductions of benefits, and terms for keeping them in force. For cost and complete details for coverage, contact your licensed financial professional or refer to the prospectus.

All guarantees and benefits of the insurance policy are backed by the claims-paying ability of the issuing insurance company. Policy guarantees and benefits are not backed by the broker/dealer and/or insurance agency selling the policy, nor by any of their affiliates, and none of them makes any representations or guarantees regarding the claims-paying ability of the issuing insurance company.

PruLife^® Custom Premier II (2015) is issued by Pruco Life Insurance Company (except in New York and New Jersey), and is distributed by Pruco Securities LLC (member SIPC). Both Pruco Life companies are located at 213 Washington Street, Newark, NJ 07102-3777. All are Prudential Financial companies. Each company is solely responsible for its own respective financial conditions and contractual obligations. Prudential Investments, Prudential, the Prudential logo, the Rock symbol, and Bring Your Challenges are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

The policy form number for PruLife^® Custom Premier II (2015) is VUL-2015 or ICC15 VUL-2015 and may be followed by state codes. This product, riders and features may not be available for all states.

ML-16-001167

††Since Inception returns are presented for investment options with less than ten years of performance, otherwise the performance reflects for the ten year period.

¹Performance for this subaccount is hypothetical prior to May 1, 2008, when it was added to the separate account.
²Performance for this subaccount is hypothetical prior to November 13, 2009, when it was added to the separate account.
³Performance for this subaccount is hypothetical prior to November 20, 2009, when it was added to the separate account.
⁴Performance for this subaccount is hypothetical prior to December 4, 2009, when it was added to the separate account.
⁵Performance for this subaccount is hypothetical prior to May 1, 2011, when it was added to the separate account.
⁶Performance for this subaccount is hypothetical prior to August 22, 2011, when it was added to the separate account.
⁷Performance for this subaccount is hypothetical prior to May 1, 2012, when it was added to the separate account.
⁸Performance for this subaccount is hypothetical prior to October 7, 2013, when it was added to the separate account.
⁹Performance for this subaccount is hypothetical prior to May 1, 2015, when it was added to the separate account.
¹⁰Effective August 16, 2010, the Oppenheimer Discovery Mid-Cap Growth Fund/VA was closed to new business.
¹¹Effective November 15, 2018, the Franklin Mutual Shares VIP Fund was closed to new money/additional deposits.
¹²Effective February 22, 2021, the AST J.P. Morgan Strategic Opportunities Portfolio was renamed the AST J.P. Morgan Tactical Preservation Portfolio.
¹³Effective February 23, 2021, the Real Property Account was closed to new direct investors and additional investments from existing shareholders.
¹⁴Effective April 26, 2021, the portfolios of the Prudential Series Fund have been renamed as follows: Prior Name: Equity Portfolio, New Name: PSF PGIM Jennison Blend Portfolio; Prior Name: Jennison Portfolio, New Name: PSF PGIM Jennison Growth Portfolio; Prior Name: Jennison 20/20 Focus Portfolio, New Name: PSF PGIM Jennison Focused Blend Portfolio; Prior Name: Natural Resources Portfolio, New Name: PSF Natural Resources Portfolio; Prior Name: SP International Growth Portfolio, New Name: PSF International Growth Portfolio; Prior Name: SP Prudential US Emerging Growth Portfolio, New Name: PSF Mid-Cap Growth Portfolio; Prior Name: Value Portfolio, New Name: PSF PGIM Jennison Value Portfolio; Prior Name: Government Money Market Portfolio, New Name: PSF PGIM Government Money Market Portfolio; Prior Name: Diversified Bond Portfolio, New Name: PSF PGIM Total Return Bond Portfolio; Prior Name: Flexible Managed Portfolio, New Name: PSF PGIM Flexible Managed Portfolio; Prior Name: Conservative Balanced Portfolio, New Name: PSF PGIM 50/50 Balanced Portfolio; Prior Name: High Yield Bond Portfolio, New Name: PSF PGIM High Yield Bond Portfolio; Prior Name: Stock Index Portfolio, New Name: PSF Stock Index Portfolio; Prior Name: Global Portfolio, New Name: PSF Global Portfolio; Prior Name: Government Income Portfolio, New Name: PSF PGIM Government Income Portfolio; Prior Name: Small Capitalization Stock Portfolio, New Name: PSF Small-Cap Stock Index Portfolio; Prior Name: SP Small Cap Value Portfolio, New Name: PSF Small-Cap Value Portfolio.
¹⁵Effective April 30, 2021, Invesco V.I. Managed Volatility Fund merged into Invesco V.I. Equity and Income Fund.
¹⁶Effective April 30, 2021, Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund was renamed Invesco V.I. Discovery Mid Cap Growth Fund.
¹⁷Effective May 1, 2021, American Funds Blue Chip Income and Growth Fund was renamed American Funds Washington Mutual Investors Fund.

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1008767-00010-00 Ed.8/2021

Footnotes