Morningstar® Investment Profile™   Morningstar® Disclosure   Format for Print Fidelity Contrafund K6  FLCNX Release date as of 2024-03-31. Data on page is subject to change. Snapshot Total Returns Ratings & Risk Portfolio Nuts & Bolts

Morningstar Report Overall Morningstar Rating™ What is this? As of 2024-03-31 Out of 1111 Large Growth Funds Morningstar® Style Box™ What is this? As of 2024-02-29 Total Fund Assets ($ Mil) 33,736.5 View Historical Morningstar Star Ratings and Definitions

Investment Objective & Strategy   The investment seeks capital appreciation. The fund normally invests primarily in common stocks. It invests in securities of companies whose value Fidelity Management & Research Company (FMR) believes is not fully recognized by the public. The fund invests in domestic and foreign issuers.

Morningstar Category: Large Growth Large-growth portfolios invest primarily in big U.S. companies that are projected to grow faster than other large-cap stocks. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap. Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields). Most of these portfolios focus on companies in rapidly expanding industries.

Performance Growth of $10,000 (from 2017-05-25 to 2024-03-31) Investment: Fidelity Contrafund K6 Benchmark 1: S&P 500 TR USD Benchmark 2: Russell 1000 Growth TR USD Category: Large Growth This graph presents historical performance for the investment as well as an index and/or peer group. If the investment, index and/or peer group have performed similarly, the line representing the fund will overlay the index and/or peer group. Therefore, the line(s) representing the index and/or peer group history may be hidden. Total Annualized Returns % YTD 1 Year 3 Year 5 Year 10 Year Since Inception Investment 17.73 45.98 12.86 16.97 --- 16.21 S&P 500 TR USD 10.56 29.88 11.49 15.05 --- 14.00 Russell 1000 Growth TR USD 11.41 39.00 12.50 18.52 --- 17.68 Category 11.92 36.45 7.95 14.89 --- 14.27 Morningstar Rating --- --- --- --- # of compared Large Growth funds covered (3 yrs : out of 1111 funds) (5 yrs : out of 1037 funds) (10 yrs : out of 807 funds) Ratings reflect risk-adjusted performance and are derived from a weighted average of the performance figures associated with its three, five and ten-year (if applicable) time periods. Investment results shown represent historical performance and do not guarantee future results. Investment returns and principal values fluctuate with changes in interest rates and other market conditions so the value, when redeemed may be worth more or less than original costs. Current performance may be lower or higher than the performance data shown. Fees and Expenses Total Annual Operating Expense 0.45% Prospectus Net Expense Ratio 0.45% Maximum Sales Charge --- The total annual operating expense shown is before management fee waivers or expense caps. For more information on waivers/reimbursements, please see the prospectus. The total annual operating expense is also referred to as the prospectus gross expense ratio. Waiver Data Type Date % --- --- --- ---

Portfolio Profile Asset Allocation % of Net Assets U.S. Stocks 91.3 Non-U.S. Stocks 4.8 Bonds 0.0 Cash 3.2 Other 0.7 Data through 2024-02-29 Morningstar Equity Sectors % of Stocks Cyclical 28.62 Basic Materials 2.21 Consumer Cyclical 10.96 Financial Services 15.44 Real Estate 0.01 Sensitive 56.68 Communication Services 20.78 Energy 2.75 Industrials 5.51 Technology 27.64 Defensive 14.71 Consumer Defensive 2.11 Healthcare 12.15 Utilities 0.45 Data through 2024-02-29 Holding Status Total Number of Stock Holdings 307 Total Number of Bond Holdings 1 % of Net Assets in Top 10 Holdings 53.64 Turnover % (as of 2023-12-31) 25.00 30 Day SEC Yield % --- Top Holdings Sector P/E % of Net Assets Meta Platforms Inc Class A 32.66 13.41 Berkshire Hathaway Inc Class A 9.55 7.42 Microsoft Corp 38.04 6.65 NVIDIA Corp 75.74 6.22 Amazon.com Inc 62.20 5.48 Apple Inc 26.67 3.42 Eli Lilly and Co 134.13 3.25 Fidelity Cash Central Fund --- --- 3.15 UnitedHealth Group Inc 20.73 2.47 Alphabet Inc Class A 26.02 2.17 Data through 2024-02-29

Principal Risks    Foreign Securities, Loss of Money, Not FDIC Insured, Growth Investing, Value Investing, Issuer, Market/Market Volatility, Equity Securities Show Risk Definitions

Other Information Inception Date: 2017-05-25 Portfolio Manager(s) William Danoff   (2017-05-25) Mr. Danoff has worked as a research analyst and portfolio manager since joining Fidelity Investments in 1986. Prior to joining the firm, he was a research analyst for Furman Selz in New York City, covering advertising stocks and special situations. Investment Advisor(s) Fidelity Management & Research Company LLC Issuer Fidelity Investments

Show Data Definitions © Copyright 2024 Morningstar, Inc. All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or any losses arising from any use of information. Past performance is no guarantee of future performance. Past performance is no guarantee of future results. Returns will vary and shares may be worth more or less than their original cost when sold.