Former Chair and Chief Executive Officer of The Northwestern Mutual Life Insurance Company | Age 67 Director since 2011 Chair of the Board INDEPENDENT Committees Finance Nominating and ESG Retail and Consumer-Facing Experience Extensive experience leading a consumer-focused financial services organization, including oversight of customer-facing advisory services, product offerings, and client engagement as Chief Executive Officer of Northwestern Mutual Select Key Skills and Expertise FINANCE, ACCOUNTING, OR FINANCIAL REPORTING: Led a large, complex financial services organization subject to rigorous capital, investment, and regulatory requirements, with deep experience in financial oversight, risk management, and long-term capital stewardship HUMAN CAPITAL, CULTURE, OR COMPENSATION: Led a large, professional workforce of more than 22,000 employees while driving organizational transformation, leadership development, and a strong performance-oriented culture TRANSFORMATION STRATEGY: Extensive executive leadership experience guiding a major financial services organization through long-term strategic transformation, complex governance and regulatory structures, and sustained organizational change Career Highlights The Northwestern Mutual Life Insurance Company: Chair of the Board of Trustees (2010 to January 2025) Chief Executive Officer (2010 to 2024) Various executive positions overseeing the company's investment and business operations since joining the organization in 1987, including President and Executive Vice President of Investment Products and Services Awards and Recognition Recognized as 2023 Executive of the Year by Milwaukee Business Journal Recognized as 2019 Wisconsin Business Leader of the Year by the Harvard Business School Club of Wisconsin What Mr. Schlifske Brings to Kohl's Board As Board Chair, Mr. Schlifske brings leadership, financial acumen, and governance expertise developed over his tenure as Chair and Chief Executive Officer of Northwestern Mutual. He provides the Board unique insight into strategic and operational drivers of successful transformation, having led Northwestern Mutual's evolution from a complex insurance company into a digitally enabled, consumer-facing financial planning and wealth management enterprise. Moreover, his experience overseeing large-scale operations with complex risk profiles and navigating highly regulated environments supports effective Board governance at Kohl's and fosters constructive engagement with management, shareholders, and other stakeholders.