Valic Company I

01/27/2026 | Press release | Distributed by Public on 01/27/2026 13:31

Prospectus by Investment Company (Form 497)

Filed Pursuant to Rule 497(e)

Registration No.: 002-83631

VALIC COMPANY I

Supplement dated January 27, 2026, to the Statement of Additional Information ("SAI")

dated October 1, 2025, as supplemented to date

At a meeting held on January 21-22, 2026, the Board of Directors (the "Board") of VALIC Company I decreased the number of directors constituting the entire Board from nine to eight and elected Ms. Erin F. Donnelly as a director to fill an existing vacancy and to serve an indefinite term beginning at the conclusion of the meeting of the Board on January 22, 2026, until her successor is duly elected and qualifies. Accordingly, the following changes to the SAI are effective immediately:

The first table in the section entitled "Management of VC I" is supplemented as follows:

Name and Age

Position(s)

Held With

Fund1

Term of

Office and

Length of

Time Served

Principal

Occupation(s)

During Past

5 Years

Number of

Portfolios

In Fund

Complex

Overseen

by Director2

Other

Directorships

Held by Director3

Interested Director

Erin F. Donnelly6

1971

Director 2026-Present Executive Vice President of Products, Pricing and Investments, Corebridge (2025-Present); Managing Director, Institutional Retirement Product and Distribution, Bank of America, N.A. (2022-2025); Managing Director, Defined Contribution and Health Platforms, Bank of America, N.A. (2019-2021). 36 None.
6

Effective January 22, 2026, Ms. Donnelly was elected as an Interested Director to VC I's Board. Ms. Donnelly is considered to be an Interested Director based on her position with Corebridge.

The fifth sentence of the first paragraph of the subsection entitled "Management of VC I - Leadership Structure of the Board" is deleted in its entirety and replaced with the following:

The Board is presently composed of eight members, seven of whom are Independent Directors.

The subsection entitled "Management of VC I - Board and Committees" is supplemented to include the following information concerning Ms. Donnelly:

Erin F. Donnelly. Ms. Donnelly has served as a Director since 2026. Ms. Donnelly is Executive Vice President of Products, Pricing and Investments for Corebridge. She has over 25 years of experience in the financial services industry. Prior to joining Corebridge, Ms. Donnelly was Managing Director, Institutional Retirement Product and Distribution,

and Managing Director, Defined Contribution and Health Platforms at Bank of America, N.A. Ms. Donnelly has substantial experience serving on non-profit and trade association boards.

The table in the subsection entitled "Management of VC I - Director Ownership of Shares" is supplemented as follows:

Interested Director

 Name of Director Dollar Range of Equity Securities in
the Fund1 		Aggregate Dollar Range of Equity
Securities in All Registered
Investment Companies Overseen by
Director in Family2

 Erin F. Donnelly3

$0 $0
3

Information as of January 22, 2026.

Capitalized terms used herein but not defined shall have the meanings assigned to them in the SAI.

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.

Valic Company I published this content on January 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on January 27, 2026 at 19:31 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]