Morningstar® Investment Profile™   Morningstar® Disclosure   Format for Print Calvert VP EAFE International Index F Release date as of 2024-03-31. Data on page is subject to change. Snapshot Ratings & Risk Portfolio Nuts & Bolts

Morningstar Report Overall Morningstar Rating™ What is this? As of 2024-03-31 Out of 696 Foreign Large Blend Funds Morningstar® Style Box™ What is this? As of 2024-02-29 Total Fund Assets ($ Mil) 147.63 View Historical Morningstar Star Ratings and Definitions

Investment Objective & Strategy   The investment seeks investment results that correspond to the total return performance of common stocks as represented by the MSCI EAFE Index. Under normal circumstances, the fund will invest at least 80% of its net assets in stocks represented in the MSCI EAFE Index. The index is a widely accepted benchmark of international stock performance that emphasizes the stocks of companies in major markets in Europe, Australia and Asia (including the Far East).

Morningstar Category: Foreign Large Blend Foreign large-blend portfolios invest in a variety of big international stocks. Most of these portfolios divide their assets among a dozen or more developed markets, including Japan, Britain, France, and Germany. These portfolios primarily invest in stocks that have market caps in the top 70% of each economically integrated market (such as Europe or Asia ex-Japan). The blend style is assigned to portfolios where neither growth nor value characteristics predominate. These portfolios typically will have less than 20% of assets invested in U.S. stocks.

Investment Risks Foreign Securities Funds/Emerging Market Funds: Risks include, but are not limited to, currency risk, political risk, and risk associated with varying accounting standards. Investing in emerging markets may accentuate these risks.

Portfolio Profile Asset Allocation % of Net Assets U.S. Stocks 0.9 Non-U.S. Stocks 98.8 Bonds 0.0 Cash 0.2 Other 0.1 Data through 2024-02-29 Morningstar Equity Sectors % of Stocks Cyclical 39.46 Basic Materials 7.14 Consumer Cyclical 11.98 Financial Services 17.92 Real Estate 2.42 Sensitive 35.63 Communication Services 4.58 Energy 4.10 Industrials 16.48 Technology 10.47 Defensive 24.91 Consumer Defensive 8.89 Healthcare 13.16 Utilities 2.86 Data through 2024-02-29 Morningstar World Regions % Fund Americas 1.0 North America 0.9 Latin America 0.0 Greater Europe 65.2 United Kingdom 13.3 Europe Developed 50.3 Europe Emerging 0.4 Africa/Middle East 1.2 Greater Asia 33.8 Japan 23.7 Australasia 7.0 Asia Developed 3.1 Asia Emerging 0.1 Data through 2024-02-29 Holding Status Total Number of Stock Holdings 767 Total Number of Bond Holdings 0 % of Net Assets in Top 10 Holdings 15.39 Turnover % (as of 2023-12-31) 7.00 30 Day SEC Yield % 0.00 Top Holdings Sector Country % of Net Assets Novo Nordisk A/S Class B Denmark 2.36 ASML Holding NV Netherlands 2.32 Nestle SA Switzerland 1.68 Toyota Motor Corp Japan 1.55 Lvmh Moet Hennessy Louis Vuitton SE France 1.53 Novartis AG Registered Shares Switzerland 1.26 Shell PLC United Kingdom 1.22 AstraZeneca PLC United Kingdom 1.18 SAP SE Germany 1.18 Roche Holding AG Switzerland 1.11 Data through 2024-02-29

Principal Risks    Lending, Currency, Foreign Securities, Long-Term Outlook and Projections, Loss of Money, Not FDIC Insured, Index Correlation/Tracking Error, Market/Market Volatility, Equity Securities, Industry and Sector Investing, Restricted/Illiquid Securities, Derivatives, Shareholder Activity, Passive Management, Small Cap, Mid-Cap Show Risk Definitions

Other Information Inception Date: 2007-12-17 Portfolio Manager(s) Thomas C. Seto   (2016-12-31) Thomas is responsible for all portfolio management and trading related to our equity strategies. Prior to joining Parametric in 1998, Thomas served as the head of US Equity Index investments at Barclays Global Investors. He earned an MBA in finance from the University of Chicago Booth School of Business and a BS in electrical engineering from the University of Washington. Investment Advisor(s) Calvert Research and Management Issuer Calvert Research and Management Subadvisor(s) ---

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