The Penn Mutual Life Insurance Company Recognized for Boardroom Diversity

With Nearly Half its Board Being Women, the Company Ranks Among the
Top in Latest Survey

HORSHAM, Pa.–(BUSINESS WIRE)–This March, during Women’s History Month, The Penn Mutual Life Insurance
Company (Penn Mutual) has a lot to be proud of. The company was recently
recognized by 2020
Women on Boards
for having 42 percent of its corporate board seats
held by women.

The 2020 Women on Boards organization is a national campaign dedicated
to increasing the percentage of women on corporate boards to 20 percent
by 2020. Penn Mutual received the Winning ‘W’ Company award for
well-exceeding that goal. With women representing nearly half the
company’s board members, Penn Mutual ranks as one of the top companies
on 2020’s list for 2015. Women also make up 40 percent of Penn Mutual’s
executive leadership team.

Diversity plays an enormous role at Penn Mutual and is something the
company is truly proud of. “We’re extremely honored to receive this
recognition. Our country has continued to become more diverse, and we’re
proud to be taking the lead, not only in the insurance industry, but
across the business world,” says Eileen McDonnell, chairman and CEO of
Penn Mutual. “At Penn Mutual, diversity has been at the forefront of our
culture. We value different experiences, backgrounds, cultures and ideas
to encourage new ways of thinking. This allows us to be stronger at what
we do for the people we serve,” McDonnell says.

To view the full list of companies that were recognized please visit the
directory at www.2020wob.com.

About The Penn Mutual Life Insurance Company

Since its founding in 1847, Penn Mutual has been driven by its noble
purpose to create a world of possibilities. At the heart of this purpose
is the belief that purchasing life insurance is the most protective,
responsible and rewarding action a person can take, and is central to a
sound financial plan. The company is committed to helping individuals,
families and small businesses unlock life’s possibilities through life
insurance and annuity solutions. This is accomplished through a national
network of more than 5,000 financial professionals, who help clients
make great things possible. Penn Mutual supports its field
representatives with brokerage services through Hornor, Townsend & Kent,
Inc. Registered Investment Advisor and wholly owned subsidiary. Member
FINRA/SIPC. Visit Penn Mutual on the Internet at http://www.pennmutual.com/.

©2016 The Penn Mutual Life Insurance Company, 600 Dresher Road, Horsham,
PA 19044

1455552RM-Mar18

Contacts

Gregory FCA
Ally Spurgeon, 610-228-2140
Alexandra@gregoryfca.com
or
Penn
Mutual
Keith Bratz, 215-956-7907
bratz.keith@pennmutual.com