Nationwide Variable Account II

02/18/2026 | Press release | Distributed by Public on 02/18/2026 05:17

Updating Summary Prospectus (Form 497VPU)

Supplement dated February 18, 2026
to the following updating summary prospectus(es):
BOA IV, Nationwide Destination B, Nationwide Destination B (2.0) and Nationwide Destination Navigator (2.0) dated May 1, 2025 
This supplement updates certain information contained in your updating summary prospectus. Please read and
retain this supplement for future reference.
1.
Effective April 10, 2026, the following Investment Portfolio is no longer available to receive transfers or new purchase payments.
•
PIMCO Variable Insurance Trust - International Bond Portfolio (Unhedged): Advisor Class
2.
The Board of Trustees (the "Board") of PIMCO Variable Insurance Trust, the Board approved the liquidation (the "Liquidation") pursuant to which PIMCO Variable Insurance Trust - International Bond Portfolio (Unhedged): Advisor Class will be liquidated. The liquidation is expected to occur on or about April 28, 2026 (the "Liquidation Date").
In anticipation of the Liquidation, the following changes apply to the contract:
•
From the date of this supplement until the Liquidation Date, investors with allocations in the Fund may transfer allocations to any other available investment option. During this period, any transfers from the Fund will not be treated as a transfer for purposes of transfer limitations that would otherwise be applicable.
•
On the Liquidation Date, any remaining assets of the Fund will be transferred to Nationwide Variable Insurance Trust - NVIT Government Money Market Fund: Class I.
•
After the Liquidation Date, any and all references to the Fund are deleted.
USP-0131
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