Genworth Financial, Inc. announced the election of a new independent director to its Board of Directors: Elaine Sarsynski, former Chairwoman, Chief Executive Officer and President of Mass Mutual International. She will stand for election with the other Directors at Genworth's 2022 Annual Meeting of Stockholders. Additionally, the company announced that current board member Debra Perry intends to retire from service on the Board of Directors following the completion of her current term in May 2022. She will not stand for re-election. Ms. Sarsynski's extensive experience as a business leader in the insurance industry, 15 years of governance
experience as a Director for both public and private companies, and strong risk and financial knowledge will
provide the Board with significant additional insight as it oversees Genworth's strategy and operations.