Pacific Life Funds Legal Information Privacy Information

Important Legal Information Distributor You should carefully consider an investment's objectives, risks, charges, limitations and expenses. This and other information about Pacific Life Funds are in the prospectus available from your registered representative or by calling . Read the prospectus carefully before investing. Share values will fluctuate and, when redeemed, may be worth more or less than the original cost. Pacific Life Funds and Pacific Life Funds 529 College Savings Plans are underwritten and distributed by Pacific Select Distributors, Inc. (member FINRA & SIPC, registered with the MSRB), a subsidiary of Pacific Life Insurance Company and are available through licensed third party broker/dealers. Pacific Life Funds 529 College Savings Plans may only be sold through broker/dealers that are registered with the MSRB. Risk Disclosure An investment in the PL Money Market Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Although the fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in the fund. International investing is subject to currency fluctuation and political changes. Real estate investments involve risks such as refinancing, economic impact on industry, changes in property values, dependency on management skills and risks similar to small company investing. Small-cap, mid-cap and emerging-growth company stocks may be riskier and more volatile than larger, more established company stocks. Although some funds may have names or investment objectives that resemble other mutual funds managed by the same manager, Pacific Life Funds may not have the same underlying holdings or performance as the other mutual funds. Investment results may be higher or lower. Indices are unmanaged and cannot be invested in directly. Dollar Cost Averaging (DCA) can be a convenient way to continuously invest, regardless of changing prices. However, it does not assure a profit or protect against loss in declining markets. You should consider your financial ability to continue to invest, even when prices are low. Portfolio Optimization Pacific Life Fund Advisors LLC (PLFA), a wholly owned subsidiary of Pacific Life, is the adviser to Pacific Life Funds and oversees Portfolio Optimization Funds. Asset allocations may vary from target allocations. Asset allocation does not guarantee future results, assure a profit or protect against loss. Investment in an individual fund or funds in a single asset class may outperform or underperform an asset allocation fund. Share values will fluctuate and, when redeemed, may be worth more or less than the original cost. Branson, Fowlkes & Company, Inc. is the registered owner of the service mark "D3-The POWER OF DIVERSIFICATION." Pacific Life uses the mark: "The Power of Diversification" through an exclusive licensing agreement with Branson Fowlkes. Tax Advice This material is not intended to be used, nor can it be used by any taxpayer, for the purpose of avoiding U.S. federal, state or local tax penalties. This material is written to support the promotion or marketing of the transaction(s) or matter(s) addressed by this material. Pacific Life Funds, its distributor and respective representatives do not provide tax, accounting or legal advice. Any taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax adviser. Montana The Pacific Life Funds 529 College Savings Plan (MT) is approved and issued by the state of Montana and offered through the Montana Family Education Savings Program (MFESP). You should carefully consider the risks, charges, and limitations of a 529 College Savings Plan, as well as the investment objectives, risks, charges, and expenses of the underlying investment options. This and other information are available in the Pacific Life Funds 529 College Savings Plan (MT) Plan Description Handbook and the Pacific Life Funds prospectus available from your registered representative or by calling . Read the plan description handbook and the prospectus carefully before investing. Neither the program nor the principal nor the return of the Pacific Life Funds 529 Plan (MT) is guaranteed or insured by the state of Montana, Pacific Life Funds, Pacific Life, or College Savings Bank. For residents of states other than Montana, their state may offer state income tax benefits not available through an investment in the Pacific Life Funds 529 Plan (MT). Pacific Life Individual(k) Program Pacific Life Insurance Company, Pacific Select Distributors and Pacific Life Funds do not provide any Individual(k) or 401(k) plan administrative services. Please contact your plan administrator for any questions relating to your 401(k) plan. Neither Pacific Life nor its representatives give tax or legal advice. You should consult your tax adviser and attorney regarding your specific situation. For information regarding plan administrative and recordkeeping services, including fees and charges, for the Pacific Life Individual(k) Program, call BISYS® Retirement Services at (800) 345-6363. No bank guarantee Not a deposit Not FDIC/NCUA insured May lose value   Not insured by any federal or state government agency

Our Privacy Promise We do not sell information about you. We do not share your information with anyone else for marketing purposes. We use your personal information only to help transact the business you have with us. Privacy Notice to Our Customers As our customer, you trust us to help you achieve financial success and security. We provide this notice because you have a right to know how we protect the privacy of the personal information you share with us. Your knowledge of our privacy principles and practices will confirm the trust you have placed in us. What Personal Information Do We Collect? The type of information that we collect depends on the type of product or service you request. This includes: Information you provide on an application or other form (for example, name, address, social security number, or income). Information we get from other sources such as credit reporting agencies and information to verify employment or income. Information about your business and history with us. Medical or health information you permit us to receive from doctors or other health care providers. Most of the personal information we collect is obtained from you. We collect personal information needed only to service and administer your business with us. How Do We Use and Disclose Your Information? The main use of your information is to confirm your identity in the course of business that we perform at your request. We also use your information to underwrite policies or contracts, process claims, and service your accounts with us. Information may be disclosed to other entities that provide business services to us related to our transactions with you. This includes administrative, claims, or audit services. Examples are your producer/registered representative, broker, or a reinsurance company. Before we disclose your information, these entities must agree to keep it private. We may also share information within our corporate family to service your business. For example, our business units provide administrative services, policy document preparation and delivery, and claims processing. If necessary, we disclose information when it is required by law. An example is a routine filing to the Internal Revenue Service (such as a Form 1099). We may also disclose certain information to other entities to help us report or prevent fraud. Examples are reports to a regulatory or law enforcement agency. What Medical and Health Information Do We Collect? We may receive medical or health information about you. This may be on an application for insurance or when we process a claim, as approved by you in writing. We do not share that medical or health information among our family of companies. We do not share it with unrelated companies, except as needed to process your transactions. This may be necessary to provide services that you have requested related to your insurance coverage or payment. How Do We Protect the Security of Your Information? We have policies to maintain physical, electronic, and procedural safeguards to protect the confidentiality of your personal information. Access to personal information is available only to those people who need to know it in order to service your business. Should your relationship with us end, we will continue to follow the privacy policies described in this notice to the extent that we retain information about you. If we no longer need to retain that information, we will dispose of it in a secure manner. Do You Need to Do Anything? It is not necessary for you to take any action. This is because we do not share your information except to service the business you have requested from us. You do not need to "opt-out" or "opt-in" as you may have done with other financial companies. How Can You See And Correct Your Information? Generally, you have the right to review the personal information we have about you. You must request this in writing. We will not disclose information we have collected in connection with a claim or lawsuit. If you believe that any of the information we have is in error, you may write us and request a correction. Where justified, corrections will be made. Please direct inquiries about accessing or correcting your information to the address below: Pacific Life Privacy Office 700 Newport Center Drive Newport Beach, CA 92660 If you have questions regarding Pacific Life's Privacy Promise, please call toll free (877) 722-7848. Please have a copy of your policy or contract available when you call so we may provide you with the best service. You may also review this privacy notice and Pacific Life's Web Site privacy notice at www.PacificLife.com Pacific Life will send you a copy of our privacy notice annually. Pacific Life, as referred to in this notice, includes: Pacific Life Insurance Company Pacific Select Distributors, Inc.