Morningstar® Investment Profile™   Morningstar® Disclosure   Format for Print MFS® VIT Growth Init 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 1111 Large Growth Funds Morningstar® Style Box™ What is this? As of 2024-02-29 Total Fund Assets ($ Mil) 2,049 View Historical Morningstar Star Ratings and Definitions

Investment Objective & Strategy   The investment seeks capital appreciation. The fund normally invests its assets primarily in equity securities. Equity securities include common stocks and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. While it may invest the fund's assets in companies of any size, the fund primarily invests in companies with large capitalizations. It may invest its assets in foreign securities.

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.

Investment Risks There are no additional fund specific investment risks (e.g. liquidity risk, currency risk, foreign investment risk, etc.) associated with this fund beyond the normal risks generally associated with investing in a mutual fund.

Portfolio Profile Asset Allocation % of Net Assets U.S. Stocks 95.6 Non-U.S. Stocks 3.4 Bonds 0.0 Cash 1.0 Other 0.0 Data through 2024-02-29 Morningstar Equity Sectors % of Stocks Cyclical 26.23 Basic Materials 4.68 Consumer Cyclical 10.43 Financial Services 10.06 Real Estate 1.06 Sensitive 61.86 Communication Services 13.16 Energy 0.00 Industrials 5.77 Technology 42.93 Defensive 11.91 Consumer Defensive 0.70 Healthcare 11.21 Utilities 0.00 Data through 2024-02-29 Holding Status Total Number of Stock Holdings 63 Total Number of Bond Holdings 0 % of Net Assets in Top 10 Holdings 57.02 Turnover % (as of 2023-12-31) 23.00 30 Day SEC Yield % --- Top Holdings Sector P/E % of Net Assets Microsoft Corp 38.04 14.01 NVIDIA Corp 75.74 8.36 Amazon.com Inc 62.20 6.69 Meta Platforms Inc Class A 32.66 5.76 Alphabet Inc Class A 26.02 5.48 Apple Inc 26.67 4.89 Mastercard Inc Class A 40.71 3.82 Visa Inc Class A 32.15 3.16 Eli Lilly and Co 134.13 2.85 Boston Scientific Corp 64.01 2.00 Data through 2024-02-29

Principal Risks    Foreign Securities, Loss of Money, Not FDIC Insured, Growth Investing, Issuer, Market/Market Volatility, Equity Securities, Restricted/Illiquid Securities, Shareholder Activity, Management, Portfolio Diversification Show Risk Definitions

Other Information Inception Date: 1995-07-24 Portfolio Manager(s) Eric B. Fischman   (2002-04-01) Eric B. Fischman, is an investment officer and portfolio manager at MFS Investment Management® since Novembwe 2019. Eric joined MFS as an equity research analyst in 2000 and was named portfolio manager in 2002. Prior to joining MFS he served as an equity research analyst at State Street Research and he was a staff attorney at the Federal Reserve Board in Washington, D.C. He earned an MBA from Columbia Business School, a Juris Doctorate degree from Boston University School of Law, and a Bachelor of Arts degree from Cornell University. He also holds the Certified Financial Analyst designation. Bradford Mak   (2021-06-30) Bradford J. Mak - Investment Officer - Equity Portfolio Manager - As an Equity Portfolio Manager, responsible for buy and sell decisions, portfolio construction, risk control and cash management. Participates in the research process and strategy discussions. - Joined MFS in 2010; previous positions include Equity Research Analyst. - Previous experience includes 2 years as an Investment Analyst at Kingsbrook Partners, LP; 2 years as an Investment Analyst at Highbridge Capital Management; 3 years as Private Equity Associate - Healthcare Group at Paul Capital Partners; 2 years as Strategic Investment Advisor(s) Massachusetts Financial Services Company Issuer MFS Subadvisor(s) ---

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