Morningstar® Investment Profile™   Morningstar® Disclosure   Format for Print Vanguard VIF International 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 2023-04-28   Maximum Fees Administrative --- Management 0.39% 12b-1 --- Actual Fees 12b-1 --- Management 0.39% Expense Ratio --- Total Annual Operating Expense 0.41%

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Management Inception Date: 1994-06-03

Mngr Name Thomas Coutts Mngr Start Date 2016-12-22 Biography Thomas Coutts, Partner of Baillie Gifford & Co., which is the 100% owner of Baillie Gifford. He has worked in investment management with Baillie Gifford since 1999, has managed investment portfolios since 2001, and has co-managed a portion of the Portfolio since December 2016. Education: B.A., Trinity College, Oxford. Mngr Name Simon Webber Mngr Start Date 2009-12-22 Biography Simon joined Schroders in 1999 as an analyst on the Global Technology and US teams, before becoming a Global Sector Specialist for the consumer discretionary and telecom sectors. Currently, he is also a portfolio manager on the Global Equity team. In 2006, Simon began to develop the philosophy and investment universe behind the Schroder Global Climate Change strategy, and has co-managed the fund since launch. Mngr Name Lawrence Burns Mngr Start Date 2020-12-22 Biography Lawrence Burns joined Baillie Gifford in 2009 and became a Partner of Baillie Gifford & Co. in 2020. He is a portfolio manager in the Manager's strategies that focus on transformative growth companies. Mr. Burns has been a member of the International Growth Portfolio Construction Group since October 2012 and took over as Deputy Chair in July 2019. Mr. Burns is also a co-manager of the International Concentrated Growth Strategy. He has also spent time working in both the Emerging Markets and U.K. Equity Departments. Mr. Burns graduated BA in Geography from the University of Cambridge in 2009. Mr. Burns has been a member of the team since 2012. Mngr Name James Gautrey Mngr Start Date 2020-12-22 Biography James R. Gautrey, CFA, Portfolio Manager at Schroders. He has worked in investment management for Schroders since 2001, has managed assets since 2014, and has co-managed a portion of the Portfolio since December 2020. Education: B.Sc., University College London. Investment Advisor(s) Baillie Gifford Overseas Limited Schroder Investment Management North America Inc. Web Site www.vanguard.com Issuer Vanguard Subadvisor(s) ---

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