Updating Summary Prospectus (Form 497VPU)

Variable CompLife®

Issued by The Northwestern Mutual Life Insurance Company ("Northwestern Mutual")
through Northwestern Mutual Variable Life Account (the "Separate Account")

Updating Summary Prospectus
May 1, 2026

This Summary Prospectus contains more information about your individual scheduled premium variable whole life insurance policy (the "Policy"). The statutory prospectus for the Policy (the "Prospectus") contains more information about the Policy's features, benefits and risks. You can find this document and other information about the Policy, including the annual and semi-annual reports for your underlying portfolios, online at www.nmprospectus.com. You can also obtain this information at no cost by calling (866) 424-2609 or by sending an email request to [email protected].

Additional information about certain investment products, including variable life insurance policies, has been prepared by the Securities and Exchange Commission's staff and is available at www.Investor.gov.

The Securities and Exchange Commission ("SEC") has not approved or disapproved the Policy or passed upon the adequacy of this Summary Prospectus . Any representation to the contrary is a criminal offense.

 

	Page
Updated Information About Your Policy	1
Important Information You Should Consider About the Policy	2
Glossary of Terms	5
Appendix A-Portfolios Available under Your Policy	6
Additional Information	11

Updated Information About Your Policy

The information in this section of the Updating Summary Prospectus is a summary of certain Policy features that have changed since your Prospectus dated July 1, 2025. This may not reflect all of the changes that have occurred since you entered into your Policy.

 Certain charges in the Annual Portfolio Operating Expenses table have been updated to reflect current minimum and maximum total operating expenses for the portfolios, as follows: 

	Minimum	Maximum
Annual Portfolio Operating Expenses (expenses deducted from Portfolio assets, including management fees, distribution (12b-1) fees, and other expenses as a percentage of average Portfolio assets)	0.14%	2.50%
Annual Portfolio Operating Expenses After Contractual Fee Waiver or Reimbursement*	0.14%	2.45%

Appendix A - Portfolios Available Under Your Policy has been updated to reflect the following changes to the available Portfolios: 

Portfolio & Trust Name Changes 

The name of the Sustainable Equity Portfolio has changed to "Quality Equity Portfolio".

The name of the Active/Passive All Equity Portfolio has changed to "Active/Passive Very Aggressive Portfolio".

The name of the Commodity Return Strategy Portfolio has changed to "Cantor Fitzgerald Commodity Return Strategy Portfolio" and the name of the Portfolio's trust has changed from "Credit Suisse Trust" to Cantor Fitzgerald Variable Insurance Trust". 

Investment Adviser and Sub-Adviser Changes

Putnam Investment Management, LLC has replaced Delaware Investments Fund Advisers as the sub-adviser for the Domestic Equity Portfolio.

O'Connor Alternative Investments, LLC has replaced UBS Asset Management (Americas) LLC as the investment adviser for the Cantor Fitzgerald Commodity Return Strategy Portfolio. 

Portfolio Expenses Change

The Current Expenses for the Emerging Markets Equity Portfolio (as set forth on Appendix A hereto) have changed from 0.89% to 0.79%.

Important Information You Should Consider About the Policy 

	FEES AND EXPENSES			Cross-Reference(s) to Location in Prospectus
Charges for Early Withdrawals	If you surrender your Policy (or change to paid-up insurance or upon a partial surrender) in the first fifteen Policy Years you will be assessed surrender charges of up to 40% of scheduled premium paid toward your death benefit. For example, if you surrender your Policy and the total amount of scheduled premium you paid toward your death benefit was $100,000, you could pay a surrender charge of up to $40,000. Withdrawals of Excess Amount are subject to a $25 administrative charge (currently waived) for each withdrawal request.			Fee and Expense Tables - Transaction Fees (Administrative Surrender Charge, Premium Surrender Charge and Administrative Charge for Withdrawals)   Also see Other Benefits Available Under the Policy - Paid-Up Insurance and Policy Loans, Automatic Premium Loans, and Withdrawals -Withdrawals
Transaction Charges	In addition to surrender charges and withdrawal charges, you may also be charged for other transactions, such as certain tax-related charges, a front-end sales load, charges for transferring between investment options, as well as charges for expedited delivery or wire transfers.			Fee and Expense Tables - Transaction Fees
Ongoing Fees and Expenses (annual charges)	In addition to the charges above, investment in the Policy is subject to ongoing fees and expenses, including fees covering the cost of insurance and optional benefits available under the Policy. These fees are based on information as of December 31, 2025, may change from year to year, and are generally based on characteristics of the insured (e.g., age, sex and rating classification). You should review your Policy specifications page for specific rates applicable under your Policy. You bear the expenses associated with the Portfolios available under your Policy, the range for which is shown in the following table:			Fee and Expense Tables - Periodic Charges (Other than Portfolio Operating Expenses)   Fee and Expense Tables - Annual Portfolio Operating Expenses
	Annual Fee	Minimum*	Maximum*
	Investment Options (Portfolio company fees and expenses)	0.14%	2.50%
	* As a percentage of Portfolio assets.
	RISKS
Risk of Loss	You can lose money by investing in the Policy, including loss of principal.			Risks of the Policy -Investment Risk and The Funds
Not a Short-Term Investment	The Policy is not a short-term investment and is not appropriate for you if you need ready access to cash. Surrender charges apply in the first 15 Policy Years and the value of your Policy and death benefit will be reduced if you withdraw money. In addition, short-term investment in the Policy may subject you to income taxes and tax penalties.			Risks of the Policy - Policy for Long-Term Protection

Glossary of Terms

COMPANY
The Northwestern Mutual Life Insurance Company.

DIVISION
A subdivision of the Separate Account. We invest each Division's assets exclusively in shares of one Portfolio.

EXCESS AMOUNT
An amount by which the value of the Policy exceeds the sum of the tabular value for the minimum guaranteed death benefit as well as the tabular value for any applicable additional protection.

FINANCIAL REPRESENTATIVE
An individual who is authorized to sell you the Policy and who is both licensed as a Northwestern Mutual insurance agent and as a registered representative of our affiliate, Northwestern Mutual Investment Services, LLC, the principal underwriter of the Policy.

INSURED
The person named as the Insured on the Application and in the Policy.

NORTHWESTERN MUTUAL
The Northwestern Mutual Life Insurance Company.

POLICY
Your Variable CompLife® policy issued by Northwestern Mutual through the Separate Account.

POLICY ANNIVERSARY
The same day and month as the Policy Date in each year following the first Policy Year.

POLICY DATE
The date shown in the Policy from which the following are computed, among other things:

1. Policy Year;
2. Policy Anniversary;
3. the Issue Age of Insured; and
4. the Attained Age of the Insured.

POLICY YEAR
A year that starts on the Policy Date or on a Policy Anniversary.

PORTFOLIO
A series of a Fund available for investment under the Policy which corresponds to a particular Division of the Separate Account.

PREMIUM PAYMENTS
All payments you make under the Policy other than loan repayments and transaction charges.

PROSPECTUS
The full statutory prospectus for the Policy.

SEPARATE ACCOUNT
Northwestern Mutual Variable Life Account.

SUMMARY PROSPECTUS
This document is a summary version of the prospectus, which summarizes key information found in the Prospectus for the Policy.

Appendix A-Portfolios Available under Your Policy

The following is a list of Portfolios available under your Policy. More information about the Portfolios is available in the prospectuses for the Portfolios, which may be amended from time to time and can be found online at www.nmprospectus.com. You can also request this information at no cost by calling (866) 424-2609 or by sending an email request to [email protected].

The current expenses and performance information below reflects fees and expenses of the Portfolios, but do not reflect the other fees and expenses that your Policy may charge. Expenses would be higher and performance would be lower if these other charges were included. Each Portfolio's past performance is not necessarily an indication of future performance.  

Investment Objective	Portfolio and Adviser/ Sub-adviser (if applicable)		Current Expenses	Average Annual Total Returns (as of 12/31/2025)
				1 Year	5 Year	10 Year
Long-term growth of capital; current income is a secondary objective	Growth Stock Portfolio2	Mason Street Advisors, LLC (MSA)/T. Rowe Price Associates, Inc.	0.42%1	19.40%	11.99%	14.80%
Long-term growth of capital	Focused Appreciation Portfolio2	MSA/Loomis, Sayles & Company, L.P.	0.58%1	14.91%	14.89%	17.07%
Long-term growth of capital and income	Large Cap Core Stock Portfolio2	MSA/Wellington Management Company LLP	0.43%1	16.59%	12.70%	13.96%
Long-term growth of capital and income	Large Cap Blend Portfolio2	MSA/ J.P. Morgan Investment Management, Inc.	0.70%1	14.34%	11.77%	11.98%
Investment results that approximate the performance of the Standard & Poor's 500® Composite Stock Price Index	Index 500 Stock Portfolio2	MSA/BlackRock Advisors, LLC	0.19%1	17.64%	14.19%	14.58%
Long-term growth of capital; income is a secondary objective	Large Company Value Portfolio2	MSA/American Century Investment Management, Inc.	0.74%1	14.58%	9.85%	9.48%
Long-term growth of capital and income	Domestic Equity Portfolio2	MSA/Putnam Investment Management, LLC	0.50%1	14.43%	8.63%	8.87%
Long-term growth of capital and income	Equity Income Portfolio2	MSA/T. Rowe Price Associates, Inc	0.57%1	14.48%	11.31%	10.64%
Long-term growth of capital	Mid Cap Growth Stock Portfolio2	MSA/J.P. Morgan Investment Management, Inc.	0.54%1	8.32%	2.51%	7.81%
Investment results that approximate the performance of the Standard & Poor's MidCap 400® Stock Price Index	Index 400 Stock Portfolio2	MSA/Northern Trust Investments, Inc.	0.24%1	7.24%	8.85%	10.44%
Long-term growth of capital; current income is a secondary objective	Mid Cap Value Portfolio2	MSA/American Century Investment Management, Inc.	0.71%1	9.16%	8.96%	9.25%
Long-term growth of capital	Small Cap Growth Stock Portfolio2	MSA/Wellington Management Company LLP	0.56%	6.93%	1.29%	8.82%
Investment results that approximate the performance of the Standard & Poor's SmallCap 600® Index	Index 600 Stock Portfolio2	MSA/Northern Trust Investments, Inc.	0.26%	5.78%	6.98%	9.48%
Long-term growth of capital	Small Cap Value Portfolio2	MSA/T. Rowe Price Investment Management, Inc	0.87%1	7.41%	6.22%	9.15%
Long-term growth of capital	International Growth Portfolio2	MSA/FIAM LLC	0.61%1	18.70%	6.11%	9.07%
Capital appreciation	Research International Core Portfolio2	MSA/Massachusetts Financial Services Company	0.58%1	22.98%	5.89%	7.81%

Investment Objective	Portfolio and Adviser/ Sub-adviser (if applicable)		Current Expenses	Average Annual Total Returns (as of 12/31/2025)
				1 Year	5 Year	10 Year
Seek to provide investment results that correspond to the aggregate price and interest performance of debt securities in the Bloomberg U.S. Aggregate Bond Index	Fidelity® VIP Bond Index Portfolio - Initial Class9	FMR 10	0.14%	6.98%	-0.57%	N/A
Long-term growth of capital	John Hancock Disciplined Value International Trust - Series NAV11	John Hancock Variable Trust Advisers LLC/Boston Partners Global Investors, Inc.	0.79%	41.02%	12.70%	8.97%
Long-term capital appreciation and current income	John Hancock Real Estate Securities Trust - Series NAV11	John Hancock Variable Trust Advisers LLC/Wellington Management Company LLP	0.76%1	0.63%	5.77%	5.91%
High level of current income	John Hancock Strategic Income Opportunities Trust - Series NAV11	John Hancock Variable Trust Advisers LLC/Manulife Investment Management (US) LLC	0.74%1	7.51%	1.61%	3.26%
Long-term growth of capital by investing primarily in securities of companies that meet the Portfolio's environmental, social and governance criteria	Quality Equity Portfolio12 (formerly "Sustainable Equity Portfolio")	Neuberger Berman Investment Advisers LLC	0.87%	13.71%	12.83%	12.94%
Long-term growth of capital	U.S. Strategic Equity Fund13	Russell Investment Management LLC (RIM)14	0.87%1	14.43%	10.66%	12.45%
Long-term growth of capital	U.S. Small Cap Equity Fund13	RIM14	1.06%1	8.34%	7.15%	8.98%
Current income and long- term growth of capital	Global Real Estate Securities Fund13	RIM14	0.90%	8.59%	2.55%	3.57%
Long-term growth of capital	International Developed Markets Fund13	RIM14	0.95%1	28.64%	8.53%	7.51%
Provide total return	Strategic Bond Fund13	RIM14	0.65%1	7.35%	-1.07%	1.77%
Current income and moderate long-term capital appreciation	LifePoints® Variable Target Portfolio Series Moderate Strategy Fund13	RIM14	0.83%1	12.24%	3.96%	5.05%
Above-average long-term capital appreciation and a moderate level of current income	LifePoints® Variable Target Portfolio Series Balanced Strategy Fund13	RIM14	0.89%1	14.96%	6.39%	6.88%
High long-term capital appreciation; and as a secondary objective, current income	LifePoints® Variable Target Portfolio Series Aggressive Strategy Fund13	RIM14	0.95%1	17.45%	8.56%	8.59%
High long-term capital appreciation	LifePoints® Variable Target Portfolio Series Equity Aggressive Strategy Fund13	RIM14	0.98%1	18.47%	9.53%	9.23%

Additional Information

More information about the Policy and Separate Account is included in a Statement of Additional Information ("SAI"), which is dated the same day as this Summary Prospectus and the Prospectus, and is available free of charge from The Northwestern Mutual Life Insurance Company. To request a free copy of the Separate Account's SAI, or current annual report, or to request other information about the Policy or to make investor inquiries, call (866) 424-2609. Under certain circumstances you or your Financial Representative may be able to obtain these documents online at www.nmprospectus.com. Reports and other information about the Separate Account are available on the SEC's Internet site at www.sec.gov, or they may be obtained, upon payment of a duplicating fee, by electronic request at the following email address: [email protected].

This Summary Prospectus incorporates by reference the Prospectus for the Policy and the SAI, both dated July 1, 2025, as amended or supplemented.

 

Edgar Contract Identifier C000031361