Morningstar® Investment Profile™   Morningstar® Disclosure   Format for Print DWS Alternative Asset Allocation VIP A Release date as of 2024-03-31. Data on page is subject to change. Snapshot Ratings & Risk Portfolio Nuts & Bolts

Fees and Expenses Taken from prospectus dated 2023-05-01   Maximum Fees Administrative 0.10% Management 0.10% 12b-1 --- Actual Fees 12b-1 --- Management 0.10% Expense Ratio 0.23% (taken from annual report dated 2023-12-31) Total Annual Operating Expense 0.83%

Waiver Data Type Date % --- --- --- ---

Management Inception Date: 2009-02-02

Mngr Name Darwei Kung Mngr Start Date 2013-07-12 Biography Darwei Kung, Managing Director, has joined Deutsche Asset Management in 2006. Previously he has worked as a Director, Engineering and Business Development at Calpoint LLC from 2001-2004. He holds a BS and MS from University of Washington, Seattle; a MS and MBA from Carnegie Mellon University. Mngr Name Yu Shi Mngr Start Date 2023-04-25 Biography Yu Shi, CFA, Portfolio Manager Multi Asset & Solutions. Portfolio Manager of the fund. Began managing the fund in 2023. ◾Joined DWS in 2014 with six years of industry experience. Before joining, he was working in the market risk department covering the commercial real estate business of the bank and previously, running risk and P&L for the fixed income index and inflation desks. Prior to joining, he was supporting interest rates derivative trading desk at Sumitomo Mitsui Banking Corporation. He started as a quantitative risk analyst at Munich Re Group Asset Management. ◾Portfolio Manager - Multi Asset & Solutions. ◾BSc in Computational Math, Sun Yat-sen University; MSc in Applied Math, McGill University; MA in Statistics, Columbia University. Mngr Name Daniel Park Mngr Start Date 2023-04-25 Biography Daniel Park, Portfolio Manager Multi Asset & Solutions. Portfolio Manager of the fund. Began managing the fund in 2023. ◾Joined DWS in 2014. ◾Portfolio Manager - Multi Asset & Solutions. ◾BA in Economics, University of Bonn; MSc in International Business, Maastricht University. Investment Advisor(s) DWS Investment Management Americas, Inc. Web Site www.dws-investments.com Issuer DWS Subadvisor(s) RREEF America L.L.C.

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.