Morningstar® Investment Profile™   Morningstar® Disclosure   Format for Print MFS® VIT II International 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 383 Foreign Large Growth Funds Morningstar® Style Box™ What is this? As of 2024-02-29 Total Fund Assets ($ Mil) 255.85 View Historical Morningstar Star Ratings and Definitions

Investment Objective & Strategy   The investment seeks capital appreciation. MFS (Massachusetts Financial Services Company, the fund's investment adviser) normally invests the fund's assets primarily in foreign equity securities, including emerging market 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. MFS focuses on investing the fund's assets in the stocks of companies the advisor believes to have above average earnings growth potential compared to other companies (growth companies).

Morningstar Category: Foreign Large Growth Foreign large-growth portfolios focus on high-priced growth stocks, mainly outside of the United States. 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). 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). 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 4.0 Non-U.S. Stocks 94.1 Bonds 0.0 Cash 1.9 Other 0.0 Data through 2024-02-29 Morningstar Equity Sectors % of Stocks Cyclical 34.28 Basic Materials 12.69 Consumer Cyclical 11.70 Financial Services 9.89 Real Estate 0.00 Sensitive 40.82 Communication Services 2.28 Energy 1.34 Industrials 20.49 Technology 16.71 Defensive 24.90 Consumer Defensive 11.88 Healthcare 12.69 Utilities 0.33 Data through 2024-02-29 Morningstar World Regions % Fund Americas 12.6 North America 10.2 Latin America 2.4 Greater Europe 57.5 United Kingdom 10.6 Europe Developed 46.9 Europe Emerging 0.0 Africa/Middle East 0.0 Greater Asia 29.9 Japan 10.8 Australasia 1.3 Asia Developed 11.0 Asia Emerging 6.8 Data through 2024-02-29 Holding Status Total Number of Stock Holdings 84 Total Number of Bond Holdings 0 % of Net Assets in Top 10 Holdings 35.31 Turnover % (as of 2023-12-31) 17.00 30 Day SEC Yield % --- Top Holdings Sector Country % of Net Assets SAP SE Germany 5.10 Hitachi Ltd Japan 4.28 Schneider Electric SE France 4.16 Taiwan Semiconductor Manufacturing Co Ltd ADR Taiwan 4.00 Lvmh Moet Hennessy Louis Vuitton SE France 3.57 Nestle SA Switzerland 3.39 Linde PLC United States 3.14 Roche Holding AG Switzerland 3.05 AIA Group Ltd Hong Kong 2.37 Heineken NV Netherlands 2.25 Data through 2024-02-29

Principal Risks    Currency, Emerging Markets, 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: 1996-06-03 Portfolio Manager(s) Matthew Barrett   (2015-03-31) Matthew Barrett, ASIP, is an Investment Officer and Equity Portfolio Manager at MFS Investment Management® (MFS®), managing the firm's European Equity Ex-U.K. strategy. He is also an Equity Analyst and leads the firm's European research coverage of consumer staples stocks. Matthew joined MFS in 2000 and became a research analyst in 2001. He was named portfolio manager in 2010. Prior to joining MFS, he was an associate director specializing in Asian equities for Newport Capital Ltd. He earned a Bachelor's Degree from University College in London and holds a MBA from London Business School. Kevin M. Dwan   (2012-01-31) Kevin M. Dwan − Investment Officer − Director of Asian Equity Research − Global Equity Research Analyst − Joined MFS in 2005; named Director of Asian Equity Research in 2007 − Previous experience includes: nine years for Putnam Investments in various roles in Boston, London, and Tokyo including Equity Analyst and a Sector Sleeve Portfolio Manager for International Core Equity − Affiliation(s): President of Sabrina's Foundation − Harvard University, MBA − Harvard College, AB Investment Advisor(s) Massachusetts Financial Services Company Issuer MFS Subadvisor(s) ---

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