# EDGAR Filing Document

**Accession Number:** 0000744043
**File Stem:** 0001104659-23-039602
**Filing Date:** 2023-3
**Character Count:** 326123
**Document Hash:** 24397cc86fc27f2e93888c816699e520
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-039602.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0001104659-23-039602

**CONFORMED SUBMISSION TYPE**: N-VPFS

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230331

**DATE AS OF CHANGE**: 20230331

**EFFECTIVENESS DATE**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** METROPOLITAN LIFE SEPARATE ACCOUNT E
- **CENTRAL INDEX KEY:** 0000744043
- **IRS NUMBER:** 135581829
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-VPFS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04001
- **FILM NUMBER:** 23783213

**BUSINESS ADDRESS:**
- **STREET 1:** 200 PARK AVENUE
- **STREET 2:** C/O METROPOLITAN LIFE INSURANCE CO
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10166
- **BUSINESS PHONE:** 2125789500

**MAIL ADDRESS:**
- **STREET 1:** 200 PARK AVENUE
- **STREET 2:** C/O METROPOLITAN LIFE INSURANCE CO
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10166

## Series and Classes Contracts Data

### METROPOLITAN LIFE SEPARATE ACCOUNT E (Series ID: S000001300)

| Class ID   | Class Name                                                    | Ticker Symbol   |
|:---|:---|:---|
| C000003503 | Preference Plus Income Advantage                              |  |
| C000003504 | Personal IncomePlus                                           |  |
| C000003509 | MetLife Settlement Plus                                       |  |
| C000003510 | MetLife Income Security Plan                                  |  |
| C000003884 | MetLife Asset Builder                                         |  |
| C000082365 | MLIC Growth and Income                                        |  |
| C000148200 | MetLife Accumulation Annuity                                  |  |
| C000148450 | MetLife Investment Portfolio Architect/SM/ - Standard Version |  |
| C000148451 | MetLife Investment Portfolio Architect/SM/ - C Share Option   |  |

**REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

To the Contract Owners of<br>Metropolitan Life Separate Account E<br>and Board of Directors of<br>Metropolitan Life Insurance Company

**Opinion on the Financial Statements and Financial Highlights**

We have audited the accompanying statements of assets and liabilities of Metropolitan Life Separate Account E (the "Separate Account") of Metropolitan Life Insurance Company (the "Company") comprising each of the individual Divisions listed in Notes 2A and 2B as of December 31, 2022, the related statements of operations for the year then ended, the statements of changes in net assets for each of the two years in the period then ended, and the financial highlights in Note 8 for each of the five years in the period then ended for the Divisions, except for the Divisions included in the table below; the related statements of operations, changes in net assets, and the financial highlights for the Divisions and periods indicated in the table below; and the related notes. In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of each of the Divisions constituting the Separate Account of the Company as of December 31, 2022, and the results of their operations for the year then ended (or for the periods listed in the table below), the changes in their net assets for each of the two years in the period then ended (or for the periods listed in the table below), and the financial highlights for each of the five years in the period then ended (or for the periods listed in the table below), in conformity with accounting principles generally accepted in the United States of America.

---

| | | | |
|:---|:---|:---|:---|
| **Individual Divisions** <br> **Comprising the Separate** <br> **Account** | **Statement of** <br> **Operations** | **Statements of** <br> **Changes in** <br> **Net Assets** | **Financial Highlights** |
| BHFTI PanAgora Global Diversified Risk II Division | For the period from January 1, 2022 to April 29, 2022 | For the period from January 1, 2022 to April 29, 2022 and the year ended December 31, 2021 | For the period from January 1, 2022 to April 29, 2022 (the closure of operations) and the years ended December 31, 2021, 2020, 2019 and 2018 |
| FTVIPT Templeton Foreign VIP Division | For the year ended December 31, 2022 | For the years ended December 31, 2022 and 2021 | For the years ended December 31, 2022, 2021, and 2018 (Had no net assets at December 31, 2020 and 2019) |
| Fidelity<sup>®</sup> VIP Freedom 2035 Division<br>Fidelity<sup>®</sup> VIP Freedom 2045 Division | For the year ended December 31, 2022 | For the years ended December 31, 2022 and 2021 | For the years ended December 31, 2022, 2021, 2020, 2019, and the period from April 30, 2018 (commencement of operations) through December 31, 2018 |

---

**Basis for Opinion**

These financial statements and financial highlights are the responsibility of the Separate Account's management. Our responsibility is to express an opinion on the Separate Account's financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Separate Account in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

------

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. The Separate Account is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Separate Account's internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. Our procedures included confirmation of investments owned as of December 31, 2022, by correspondence with the custodian or mutual fund companies. We believe that our audits provide a reasonable basis for our opinion.

/s/ DELOITTE & TOUCHE LLP

Tampa, Florida<br>March 24, 2023

We have served as the Separate Account's auditor since 1984.

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E <br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF ASSETS AND LIABILITIES**

**December 31, 2022**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **American Funds<sup>®</sup>** **Global Growth**<br> **Division** | **American Funds<sup>®</sup>** **Global Small**<br> **Capitalization**<br> **Division** | **American Funds<sup>®</sup>** <br> **Growth**<br> **Division** | **American Funds<sup>®</sup>** **Growth-Income**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $162728 | $297345015 | $873280704 | $590162327 |
| Due from Metropolitan Life <br>Insurance Company |  |  | 1 | 1 |
| Total Assets | 162728 | 297345015 | 873280705 | 590162328 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 8 | 150 | 122 | 94 |
| Due to Metropolitan Life <br>Insurance Company |  |  |  |  |
| Total Liabilities | 8 | 150 | 122 | 94 |
| **Net Assets** | $162720 | $297344865 | $873280583 | $590162234 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $162720 | $296801078 | $871732439 | $588504107 |
| Net assets from contracts in payout |  | 543787 | 1548144 | 1658127 |
| Total Net Assets | $162720 | $297344865 | $873280583 | $590162234 |

---

The accompanying notes are an integral part of these financial statements.<br>E-1

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E <br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF ASSETS AND LIABILITIES — (Continued)**

**December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **American Funds<sup>®</sup>** <br> **The Bond Fund of**<br> **America**<br> **Division** | **BHFTI AB Global**<br> **Dynamic Allocation**<br> **Division** | **BHFTI Allspring**<br> **Mid Cap Value**<br> **Division** | **BHFTI American**<br> **Funds<sup>®</sup> Balanced** <br> **Allocation**<br> **Division** | **BHFTI American**<br> **Funds<sup>®</sup> Growth** <br> **Allocation**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $62514865 | $797531037 | $114568 | $587178035 | $369378949 |
| Due from Metropolitan Life <br>Insurance Company |  |  |  |  |  |
| Total Assets | 62514865 | 797531037 | 114568 | 587178035 | 369378949 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 100 | 48 | 11 | 69 | 78 |
| Due to Metropolitan Life <br>Insurance Company |  |  |  |  | 1 |
| Total Liabilities | 100 | 48 | 11 | 69 | 79 |
| **Net Assets** | $62514765 | $797530989 | $114557 | $587177966 | $369378870 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $62319654 | $797365490 | $114557 | $586829788 | $369109990 |
| Net assets from contracts in payout | 195111 | 165499 |  | 348178 | 268880 |
| Total Net Assets | $62514765 | $797530989 | $114557 | $587177966 | $369378870 |

---

The accompanying notes are an integral part of these financial statements.<br>E-2

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTI American**<br> **Funds<sup>®</sup> Growth**<br> **Division** | **BHFTI American**<br> **Funds<sup>®</sup> Moderate**<br> **Allocation**<br> **Division** | **BHFTI BlackRock**<br> **Global Tactical**<br> **Strategies**<br> **Division** | **BHFTI BlackRock**<br> **High Yield**<br> **Division** | **BHFTI Brighthouse**<br> **Asset Allocation 100**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $225213140 | $551584073 | $1022437264 | $225171 | $208742924 |
| Due from Metropolitan Life <br>Insurance Company |  |  |  |  |  |
| Total Assets | 225213140 | 551584073 | 1022437264 | 225171 | 208742924 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 55 | 48 | 36 | 18 | 86 |
| Due to Metropolitan Life <br>Insurance Company |  |  |  |  |  |
| Total Liabilities | 55 | 48 | 36 | 18 | 86 |
| **Net Assets** | $225213085 | $551584025 | $1022437228 | $225153 | $208742838 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $225159825 | $550981745 | $1022238185 | $225153 | $203417071 |
| Net assets from contracts in payout | 53260 | 602280 | 199043 |  | 5325767 |
| Total Net Assets | $225213085 | $551584025 | $1022437228 | $225153 | $208742838 |

---

The accompanying notes are an integral part of these financial statements.<br>E-3

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E <br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF ASSETS AND LIABILITIES — (Continued)**

**December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTI Brighthouse**<br> **Balanced Plus**<br> **Division** | **BHFTI Brighthouse**<br> **Small Cap Value**<br> **Division** | **BHFTI Brighthouse/**<br> **abrdn Emerging**<br> **Markets Equity**<br> **Division** | **BHFTI Brighthouse/**<br> **Eaton Vance**<br> **Floating Rate**<br> **Division** | **BHFTI Brighthouse/**<br> **Franklin**<br> **Low Duration** <br> **Total Return**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $2228950856 | $16182530 | $29791901 | $17729516 | $54278051 |
| Due from Metropolitan Life <br>Insurance Company |  |  | 1 |  |  |
| Total Assets | 2228950856 | 16182530 | 29791902 | 17729516 | 54278051 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 34 | 30 | 69 | 44 | 80 |
| Due to Metropolitan Life <br>Insurance Company |  |  |  | 1 | 1 |
| Total Liabilities | 34 | 30 | 69 | 45 | 81 |
| **Net Assets** | $2228950822 | $16182500 | $29791833 | $17729471 | $54277970 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $2228422430 | $16182500 | $29783848 | $17712447 | $54239904 |
| Net assets from contracts in payout | 528392 |  | 7985 | 17024 | 38066 |
| Total Net Assets | $2228950822 | $16182500 | $29791833 | $17729471 | $54277970 |

---

The accompanying notes are an integral part of these financial statements.<br>E-4

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTI Brighthouse/**<br> **Templeton**<br> **International Bond**<br> **Division** | **BHFTI Brighthouse/**<br> **Wellington**<br> **Large Cap**<br> **Research**<br> **Division** | **BHFTI CBRE**<br> **Global Real Estate**<br> **Division** | **BHFTI Harris**<br> **Oakmark**<br> **International**<br> **Division** | **BHFTI Invesco**<br> **Balanced-Risk**<br> **Allocation**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $3433340 | $644887481 | $126167656 | $286002241 | $342320423 |
| Due from Metropolitan Life <br>Insurance Company |  |  | 6 | 1 |  |
| Total Assets | 3433340 | 644887481 | 126167662 | 286002242 | 342320423 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 33 | 162 | 99 | 140 | 35 |
| Due to Metropolitan Life <br>Insurance Company | 1 |  |  |  | 1 |
| Total Liabilities | 34 | 162 | 99 | 140 | 36 |
| **Net Assets** | $3433306 | $644887319 | $126167563 | $286002102 | $342320387 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $3433306 | $635308919 | $125961605 | $285509573 | $342220102 |
| Net assets from contracts in payout |  | 9578400 | 205958 | 492529 | 100285 |
| Total Net Assets | $3433306 | $644887319 | $126167563 | $286002102 | $342320387 |

---

The accompanying notes are an integral part of these financial statements.<br>E-5

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E <br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF ASSETS AND LIABILITIES — (Continued)**

**December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTI Invesco**<br> **Comstock**<br> **Division** | **BHFTI Invesco**<br> **Global Equity**<br> **Division** | **BHFTI Invesco**<br> **Small Cap Growth**<br> **Division** | **BHFTI JPMorgan**<br> **Core Bond**<br> **Division** | **BHFTI**<br> **JPMorgan Global**<br> **Active Allocation**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $14239 | $183035345 | $42466029 | $49423385 | $516956319 |
| Due from Metropolitan Life <br>Insurance Company |  | 3 | 4 |  |  |
| Total Assets | 14239 | 183035348 | 42466033 | 49423385 | 516956319 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 12 | 145 | 159 | 44 | 36 |
| Due to Metropolitan Life <br>Insurance Company |  |  |  |  |  |
| Total Liabilities | 12 | 145 | 159 | 44 | 36 |
| **Net Assets** | $14227 | $183035203 | $42465874 | $49423341 | $516956283 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $14227 | $182667524 | $42411790 | $49400454 | $516852200 |
| Net assets from contracts in payout |  | 367679 | 54084 | 22887 | 104083 |
| Total Net Assets | $14227 | $183035203 | $42465874 | $49423341 | $516956283 |

---

The accompanying notes are an integral part of these financial statements.<br>E-6

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTI JPMorgan**<br> **Small Cap Value**<br> **Division** | **BHFTI Loomis Sayles**<br> **Global Allocation**<br> **Division** | **BHFTI Loomis Sayles**<br> **Growth**<br> **Division** | **BHFTI MetLife**<br> **Multi-Index**<br> **Targeted Risk**<br> **Division** | **BHFTI MFS<sup>®</sup>** **Research**<br> **International**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $14322062 | $72766616 | $315672787 | $530165571 | $125420046 |
| Due from Metropolitan Life <br>Insurance Company |  |  |  |  |  |
| Total Assets | 14322062 | 72766616 | 315672787 | 530165571 | 125420046 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 61 | 55 | 154 | 43 | 154 |
| Due to Metropolitan Life <br>Insurance Company |  |  | 1 | 1 |  |
| Total Liabilities | 61 | 55 | 155 | 44 | 154 |
| **Net Assets** | $14322001 | $72766561 | $315672632 | $530165527 | $125419892 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $14320905 | $72759744 | $315401669 | $530065915 | $125027331 |
| Net assets from contracts in payout | 1096 | 6817 | 270963 | 99612 | 392561 |
| Total Net Assets | $14322001 | $72766561 | $315672632 | $530165527 | $125419892 |

---

The accompanying notes are an integral part of these financial statements.<br>E-7

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E <br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF ASSETS AND LIABILITIES — (Continued)**

**December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTI**<br> **Morgan Stanley**<br> **Discovery**<br> **Division** | **BHFTI**<br> **PanAgora Global**<br> **Diversified Risk**<br> **Division** | **BHFTI**<br> **PIMCO Inflation**<br> **Protected Bond**<br> **Division** | **BHFTI PIMCO**<br> **Total Return**<br> **Division** | **BHFTI Schroders**<br> **Global Multi-Asset**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $271897261 | $643605367 | $250254660 | $485365723 | $446173212 |
| Due from Metropolitan Life <br>Insurance Company |  |  |  |  | 1 |
| Total Assets | 271897261 | 643605367 | 250254660 | 485365723 | 446173213 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 145 | 29 | 82 | 125 | 42 |
| Due to Metropolitan Life <br>Insurance Company | 5 |  |  | 1 |  |
| Total Liabilities | 150 | 29 | 82 | 126 | 42 |
| **Net Assets** | $271897111 | $643605338 | $250254578 | $485365597 | $446173171 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $271121847 | $643520371 | $249852350 | $484785532 | $446022480 |
| Net assets from contracts in payout | 775264 | 84967 | 402228 | 580065 | 150691 |
| Total Net Assets | $271897111 | $643605338 | $250254578 | $485365597 | $446173171 |

---

The accompanying notes are an integral part of these financial statements.<br>E-8

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTI**<br> **SSGA Growth**<br> **and Income ETF**<br> **Division** | **BHFTI**<br> **SSGA Growth ETF**<br> **Division** | **BHFTI T. Rowe Price**<br> **Large Cap Value**<br> **Division** | **BHFTI T. Rowe Price**<br> **Mid Cap Growth**<br> **Division** | **BHFTI TCW Core**<br> **Fixed Income**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $453319738 | $101146369 | $469884 | $340891591 | $15524 |
| Due from Metropolitan Life <br>Insurance Company |  |  |  | 1 |  |
| Total Assets | 453319738 | 101146369 | 469884 | 340891592 | 15524 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 77 | 95 | 19 | 102 | 9 |
| Due to Metropolitan Life <br>Insurance Company |  |  |  |  |  |
| Total Liabilities | 77 | 95 | 19 | 102 | 9 |
| **Net Assets** | $453319661 | $101146274 | $469865 | $340891490 | $15515 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $453089605 | $101061534 | $469865 | $340342214 | $15515 |
| Net assets from contracts in payout | 230056 | 84740 |  | 549276 |  |
| Total Net Assets | $453319661 | $101146274 | $469865 | $340891490 | $15515 |

---

The accompanying notes are an integral part of these financial statements.<br>E-9

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E <br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF ASSETS AND LIABILITIES — (Continued)**

**December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTI Victory**<br> **Sycamore**<br> **Mid Cap Value**<br> **Division** | **BHFTI Western**<br> **Asset Management**<br> **Government Income** <br> **Division** | **BHFTII**<br> **Baillie Gifford**<br> **International Stock**<br> **Division** | **BHFTII BlackRock**<br> **Bond Income**<br> **Division** | **BHFTII BlackRock**<br> **Capital Appreciation**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $331206541 | $244217371 | $85003173 | $260026432 | $133568186 |
| Due from Metropolitan Life <br>Insurance Company |  |  | 1 |  | 5 |
| Total Assets | 331206541 | 244217371 | 85003174 | 260026432 | 133568191 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 95 | 50 | 127 | 134 | 121 |
| Due to Metropolitan Life <br>Insurance Company |  |  |  |  |  |
| Total Liabilities | 95 | 50 | 127 | 134 | 121 |
| **Net Assets** | $331206446 | $244217321 | $85003047 | $260026298 | $133568070 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $330392358 | $244021095 | $84648264 | $258319187 | $132645519 |
| Net assets from contracts in payout | 814088 | 196226 | 354783 | 1707111 | 922551 |
| Total Net Assets | $331206446 | $244217321 | $85003047 | $260026298 | $133568070 |

---

The accompanying notes are an integral part of these financial statements.<br>E-10

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTII BlackRock**<br> **Ultra-Short**<br> **Term Bond**<br> **Division** | **BHFTII Brighthouse**<br> **Asset Allocation 20**<br> **Division** | **BHFTII Brighthouse**<br> **Asset Allocation 40**<br> **Division** | **BHFTII Brighthouse**<br> **Asset Allocation 60**<br> **Division** | **BHFTII Brighthouse**<br> **Asset Allocation 80**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $33824718 | $203222700 | $603366891 | $2227101352 | $1298523641 |
| Due from Metropolitan Life <br>Insurance Company |  |  |  |  |  |
| Total Assets | 33824718 | 203222700 | 603366891 | 2227101352 | 1298523641 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 81 | 84 | 57 | 37 | 62 |
| Due to Metropolitan Life <br>Insurance Company |  |  |  |  |  |
| Total Liabilities | 81 | 84 | 57 | 37 | 62 |
| **Net Assets** | $33824637 | $203222616 | $603366834 | $2227101315 | $1298523579 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $33592729 | $202562909 | $601122396 | $2224399754 | $1296587813 |
| Net assets from contracts in payout | 231908 | 659707 | 2244438 | 2701561 | 1935766 |
| Total Net Assets | $33824637 | $203222616 | $603366834 | $2227101315 | $1298523579 |

---

The accompanying notes are an integral part of these financial statements.<br>E-11

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E <br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF ASSETS AND LIABILITIES — (Continued)**

**December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTII Brighthouse/**<br> **Artisan**<br> **Mid Cap Value**<br> **Division** | **BHFTII Brighthouse/**<br> **Dimensional**<br> **International**<br> **Small Company**<br> **Division** | **BHFTII Brighthouse/**<br> **Wellington Balanced**<br> **Division** | **BHFTII Brighthouse/**<br> **Wellington**<br> **Core Equity**<br> **Opportunities**<br> **Division** | **BHFTII**<br> **Frontier**<br> **Mid Cap Growth**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $149107261 | $4901836 | $461892193 | $429404989 | $384728883 |
| Due from Metropolitan Life <br>Insurance Company |  | 1 |  |  |  |
| Total Assets | 149107261 | 4901837 | 461892193 | 429404989 | 384728883 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 112 | 66 | 45 | 105 | 94 |
| Due to Metropolitan Life <br>Insurance Company |  |  | 1 |  |  |
| Total Liabilities | 112 | 66 | 46 | 105 | 94 |
| **Net Assets** | $149107149 | $4901771 | $461892147 | $429404884 | $384728789 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $148316180 | $4901771 | $453156454 | $426534490 | $382920467 |
| Net assets from contracts in payout | 790969 |  | 8735693 | 2870394 | 1808322 |
| Total Net Assets | $149107149 | $4901771 | $461892147 | $429404884 | $384728789 |

---

The accompanying notes are an integral part of these financial statements.<br>E-12

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTII**<br> **Jennison Growth**<br> **Division** | **BHFTII**<br> **Loomis Sayles**<br> **Small Cap Core**<br> **Division** | **BHFTII**<br> **Loomis Sayles**<br> **Small Cap Growth**<br> **Division** | **BHFTII MetLife**<br> **Aggregate Bond Index**<br> **Division** | **BHFTII MetLife**<br> **Mid Cap Stock Index**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $160933891 | $122718215 | $44445211 | $687832843 | $409884129 |
| Due from Metropolitan Life <br>Insurance Company | 2 | 1 |  |  |  |
| Total Assets | 160933893 | 122718216 | 44445211 | 687832843 | 409884129 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 111 | 123 | 99 | 126 | 104 |
| Due to Metropolitan Life <br>Insurance Company |  |  |  | 1 |  |
| Total Liabilities | 111 | 123 | 99 | 127 | 104 |
| **Net Assets** | $160933782 | $122718093 | $44445112 | $687832716 | $409884025 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $160553722 | $121883213 | $44357432 | $685208718 | $408773108 |
| Net assets from contracts in payout | 380060 | 834880 | 87680 | 2623998 | 1110917 |
| Total Net Assets | $160933782 | $122718093 | $44445112 | $687832716 | $409884025 |

---

The accompanying notes are an integral part of these financial statements.<br>E-13

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E <br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF ASSETS AND LIABILITIES — (Continued)**

**December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTII MetLife**<br> **MSCI EAFE<sup>®</sup> Index**<br> **Division** | **BHFTII MetLife**<br> **Russell 2000<sup>®</sup> Index**<br> **Division** | **BHFTII MetLife**<br> **Stock Index**<br> **Division** | **BHFTII MFS<sup>®</sup>** <br> **Total Return**<br> **Division** | **BHFTII MFS<sup>®</sup> Value**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $361694965 | $259507998 | $2574589384 | $96428735 | $536663930 |
| Due from Metropolitan Life <br>Insurance Company |  |  |  | 1 |  |
| Total Assets | 361694965 | 259507998 | 2574589384 | 96428736 | 536663930 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 105 | 163 | 122 | 69 | 119 |
| Due to Metropolitan Life <br>Insurance Company |  | 1 |  |  | 3 |
| Total Liabilities | 105 | 164 | 122 | 69 | 122 |
| **Net Assets** | $361694860 | $259507834 | $2574589262 | $96428667 | $536663808 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $361057076 | $259066244 | $2528752744 | $94678131 | $529789770 |
| Net assets from contracts in payout | 637784 | 441590 | 45836518 | 1750536 | 6874038 |
| Total Net Assets | $361694860 | $259507834 | $2574589262 | $96428667 | $536663808 |

---

The accompanying notes are an integral part of these financial statements.<br>E-14

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTII**<br> **Neuberger Berman**<br> **Genesis**<br> **Division** | **BHFTII**<br> **T. Rowe Price**<br> **Large Cap Growth**<br> **Division** | **BHFTII**<br> **T. Rowe Price**<br> **Small Cap Growth**<br> **Division** | **BHFTII**<br> **VanEck Global**<br> **Natural Resources**<br> **Division** | **BHFTII Western**<br> **Asset Management**<br> **Strategic Bond**<br> **Opportunities**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $232034222 | $423605400 | $328540355 | $18554064 | $273191705 |
| Due from Metropolitan Life <br>Insurance Company | 1 |  |  |  |  |
| Total Assets | 232034223 | 423605400 | 328540355 | 18554064 | 273191705 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 130 | 148 | 129 | 37 | 152 |
| Due to Metropolitan Life <br>Insurance Company |  |  |  |  |  |
| Total Liabilities | 130 | 148 | 129 | 37 | 152 |
| **Net Assets** | $232034093 | $423605252 | $328540226 | $18554027 | $273191553 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $231020497 | $414266810 | $327800458 | $18550631 | $272008841 |
| Net assets from contracts in payout | 1013596 | 9338442 | 739768 | 3396 | 1182712 |
| Total Net Assets | $232034093 | $423605252 | $328540226 | $18554027 | $273191553 |

---

The accompanying notes are an integral part of these financial statements.<br>E-15

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E <br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF ASSETS AND LIABILITIES — (Continued)**

**December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTII Western**<br> **Asset Management**<br> **U.S. Government**<br> **Division** | **BlackRock**<br> **Global Allocation V.I.**<br> **Division** | **Calvert VP**<br> **SRI Balanced**<br> **Division** | **Calvert VP**<br> **SRI Mid Cap**<br> **Division** | **Delaware VIP<sup>®</sup>** **Small Cap Value**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $94709449 | $16221 | $44856949 | $5934994 | $789 |
| Due from Metropolitan Life <br>Insurance Company |  |  |  |  |  |
| Total Assets | 94709449 | 16221 | 44856949 | 5934994 | 789 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 140 | 5 | 8 |  | 3 |
| Due to Metropolitan Life <br>Insurance Company |  |  |  |  |  |
| Total Liabilities | 140 | 5 | 8 |  | 3 |
| **Net Assets** | $94709309 | $16216 | $44856941 | $5934994 | $786 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $94517244 | $16216 | $44800080 | $5934994 | $786 |
| Net assets from contracts in payout | 192065 |  | 56861 |  |  |
| Total Net Assets | $94709309 | $16216 | $44856941 | $5934994 | $786 |

---

The accompanying notes are an integral part of these financial statements.<br>E-16

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Fidelity<sup>®</sup> VIP**<br> **Contrafund<sup>®</sup>** **Division** | **Fidelity<sup>®</sup> VIP**<br> **Equity-Income**<br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **Freedom 2020**<br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **Freedom 2025**<br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **Freedom 2030**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $674496 | $63533484 | $3950624 | $6369866 | $6617445 |
| Due from Metropolitan Life <br>Insurance Company |  |  |  |  |  |
| Total Assets | 674496 | 63533484 | 3950624 | 6369866 | 6617445 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 10 | 13 | 4 | 19 | 13 |
| Due to Metropolitan Life <br>Insurance Company |  |  |  |  | 1 |
| Total Liabilities | 10 | 13 | 4 | 19 | 14 |
| **Net Assets** | $674486 | $63533471 | $3950620 | $6369847 | $6617431 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $674486 | $62586589 | $3950620 | $6369847 | $6617431 |
| Net assets from contracts in payout |  | 946882 |  |  |  |
| Total Net Assets | $674486 | $63533471 | $3950620 | $6369847 | $6617431 |

---

The accompanying notes are an integral part of these financial statements.<br>E-17

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E <br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF ASSETS AND LIABILITIES — (Continued)**

**December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Fidelity<sup>®</sup> VIP**<br> **Freedom 2035**<br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **Freedom 2040**<br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **Freedom 2045**<br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **Freedom 2050**<br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **FundsManager 50%**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $5368272 | $3499778 | $3548894 | $7783991 | $185164874 |
| Due from Metropolitan Life <br>Insurance Company | 1 |  |  |  |  |
| Total Assets | 5368273 | 3499778 | 3548894 | 7783991 | 185164874 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 14 | 40 | 9 | 23 |  |
| Due to Metropolitan Life <br>Insurance Company |  |  | 1 |  |  |
| Total Liabilities | 14 | 40 | 10 | 23 |  |
| **Net Assets** | $5368259 | $3499738 | $3548884 | $7783968 | $185164874 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $5368259 | $3499738 | $3548884 | $7783968 | $185164874 |
| Net assets from contracts in payout |  |  |  |  |  |
| Total Net Assets | $5368259 | $3499738 | $3548884 | $7783968 | $185164874 |

---

The accompanying notes are an integral part of these financial statements.<br>E-18

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Fidelity<sup>®</sup> VIP**<br> **FundsManager 60%**<br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **Government Money**<br> **Market**<br> **Division** | **Fidelity<sup>®</sup> VIP Growth** <br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **Investment Grade**<br> **Bond**<br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **Mid Cap**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $175394594 | $4103960 | $97058589 | $7090972 | $431777 |
| Due from Metropolitan Life <br>Insurance Company |  |  |  |  |  |
| Total Assets | 175394594 | 4103960 | 97058589 | 7090972 | 431777 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees |  |  |  | 3 | 4 |
| Due to Metropolitan Life <br>Insurance Company | 1 |  |  |  |  |
| Total Liabilities | 1 |  |  | 3 | 4 |
| **Net Assets** | $175394593 | $4103960 | $97058589 | $7090969 | $431773 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $175394593 | $4103960 | $96973738 | $7079691 | $431773 |
| Net assets from contracts in payout |  |  | 84851 | 11278 |  |
| Total Net Assets | $175394593 | $4103960 | $97058589 | $7090969 | $431773 |

---

The accompanying notes are an integral part of these financial statements.<br>E-19

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E <br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF ASSETS AND LIABILITIES — (Continued)**

**December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **FTVIPT Templeton**<br> **Developing**<br> **Markets VIP**<br> **Division** | **FTVIPT Templeton**<br> **Foreign VIP**<br> **Division** | **Janus Henderson**<br> **Enterprise**<br> **Division** | **LMPVET**<br> **ClearBridge Variable**<br> **Appreciation**<br> **Division** | **LMPVET**<br> **ClearBridge Variable**<br> **Dividend Strategy**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $32489 | $1036 | $59649 | $50412 | $81416 |
| Due from Metropolitan Life <br>Insurance Company |  |  |  |  |  |
| Total Assets | 32489 | 1036 | 59649 | 50412 | 81416 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 4 | 3 | 8 | 5 | 2 |
| Due to Metropolitan Life <br>Insurance Company |  |  |  |  |  |
| Total Liabilities | 4 | 3 | 8 | 5 | 2 |
| **Net Assets** | $32485 | $1033 | $59641 | $50407 | $81414 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $32485 | $1033 | $59641 | $50407 | $81414 |
| Net assets from contracts in payout |  |  |  |  |  |
| Total Net Assets | $32485 | $1033 | $59641 | $50407 | $81414 |

---

The accompanying notes are an integral part of these financial statements.<br>E-20

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **LMPVET**<br> **ClearBridge Variable**<br> **Large Cap Growth**<br> **Division** | **LMPVET**<br> **ClearBridge Variable**<br> **Small Cap Growth**<br> **Division** | **LMPVIT Western**<br> **Asset Core Plus**<br> **Division** | **Morgan Stanley VIF**<br> **Global Infrastructure**<br> **Division** | **PIMCO VIT**<br> **CommodityRealReturn<sup>®</sup>** **Strategy**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $320762 | $29425 | $340 | $55514 | $85074 |
| Due from Metropolitan Life <br>Insurance Company | 1 |  |  |  |  |
| Total Assets | 320763 | 29425 | 340 | 55514 | 85074 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 4 | 9 | 1 | 11 | 10 |
| Due to Metropolitan Life <br>Insurance Company |  |  |  |  | 1 |
| Total Liabilities | 4 | 9 | 1 | 11 | 11 |
| **Net Assets** | $320759 | $29416 | $339 | $55503 | $85063 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $320759 | $29416 | $339 | $55503 | $85063 |
| Net assets from contracts in payout |  |  |  |  |  |
| Total Net Assets | $320759 | $29416 | $339 | $55503 | $85063 |

---

The accompanying notes are an integral part of these financial statements.<br>E-21

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E <br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF ASSETS AND LIABILITIES — (Concluded)**

**December 31, 2022**

---

| | | | |
|:---|:---|:---|:---|
| | **PIMCO VIT**<br> **Dynamic Bond**<br> **Division** | **PIMCO VIT**<br> **Emerging Markets**<br> **Bond**<br> **Division** | **TAP 1919 Variable**<br> **Socially Responsive**<br> **Balanced**<br> **Division** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Investments at fair value | $11947 | $16437 | $8175 |
| Due from Metropolitan Life <br>Insurance Company |  | 1 |  |
| Total Assets | 11947 | 16438 | 8175 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Accrued fees | 8 | 9 | 8 |
| Due to Metropolitan Life <br>Insurance Company |  |  |  |
| Total Liabilities | 8 | 9 | 8 |
| **Net Assets** | $11939 | $16429 | $8167 |
| **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** | **Contract Owners' Equity** |
| Net assets from accumulation units | $11939 | $16429 | $8167 |
| Net assets from contracts in payout |  |  |  |
| Total Net Assets | $11939 | $16429 | $8167 |

---

The accompanying notes are an integral part of these financial statements.<br>E-22

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**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF OPERATIONS<br>For the year ended December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **American Funds<sup>®</sup>** **Global Growth**<br> **Division** | **American Funds<sup>®</sup>** **Global Small**<br> **Capitalization**<br> **Division** | **American Funds<sup>®</sup>** **Growth**<br> **Division** | **American Funds<sup>®</sup>** **Growth-Income**<br> **Division** | **American Funds<sup>®</sup>** **The Bond Fund of** <br> **America**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $1246 | $— | $3221550 | $8148305 | $1957024 |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 1642 | 4103616 | 12547552 | 8082335 | 862999 |
| Administrative charges | 204 | 634473 | 1760631 | 1190454 | 143220 |
| Total expenses | 1846 | 4738089 | 14308183 | 9272789 | 1006219 |
| Net investment income (loss) | (600) | (4738089) | (11086633) | (1124484) | 950805 |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** |
| Realized gain distributions | 24806 | 114176095 | 147372160 | 64712283 | 808295 |
| Realized gains (losses) on sale of<br>investments | 6089 | (3610390) | 25005618 | 21312622 | (1451111) |
| Net realized gains (losses) | 30895 | 110565705 | 172377778 | 86024905 | (642816) |
| Change in unrealized gains (losses)<br>on investments | (98832) | (241602749) | (570738790) | (224223198) | (11257097) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (67937) | (131037044) | (398361012) | (138198293) | (11899913) |
| Net increase (decrease) in net assets<br>resulting from operations | $(68537) | $(135775133) | $(409447645) | $(139322777) | $(10949108) |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-24

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTI AB Global**<br> **Dynamic Allocation**<br> **Division** | **BHFTI Allspring**<br> **Mid Cap Value**<br> **Division** | **BHFTI American**<br> **Funds<sup>®</sup> Balanced**<br> **Allocation**<br> **Division** | **BHFTI American**<br> **Funds<sup>®</sup> Growth**<br> **Allocation**<br> **Division** | **BHFTI American**<br> **Funds<sup>®</sup> Growth**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $39338191 | $833 | $9195233 | $4343317 | $1445413 |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 8920033 | 1825 | 6457732 | 4109929 | 2658506 |
| Administrative charges | 2293593 | 419 | 1550862 | 948911 | 655245 |
| Total expenses | 11213626 | 2244 | 8008594 | 5058840 | 3313751 |
| Net investment income (loss) | 28124565 | (1411) | 1186639 | (715523) | (1868338) |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** |
| Realized gain distributions | 66040989 | 39060 | 86388353 | 63026663 | 53962086 |
| Realized gains (losses) on sale of<br>investments | (4019063) | 2181 | (1388273) | 580256 | 2912492 |
| Net realized gains (losses) | 62021926 | 41241 | 85000080 | 63606919 | 56874578 |
| Change in unrealized gains (losses)<br>on investments | (327522776) | (60899) | (224136212) | (159530461) | (159675478) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (265500850) | (19658) | (139136132) | (95923542) | (102800900) |
| Net increase (decrease) in net assets<br>resulting from operations | $(237376285) | $(21069) | $(137949493) | $(96639065) | $(104669238) |

---

The accompanying notes are an integral part of these financial statements.<br>E-25

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF OPERATIONS — (Continued)<br>For the year ended December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTI American**<br> **Funds<sup>®</sup> Moderate**<br> **Allocation**<br> **Division** | **BHFTI BlackRock**<br> **Global Tactical**<br> **Strategies**<br> **Division** | **BHFTI BlackRock**<br> **High Yield**<br> **Division** | **BHFTI Brighthouse** <br> **Asset Allocation 100**<br> **Division** | **BHFTI Brighthouse**<br> **Balanced Plus**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $10656476 | $27243547 | $14294 | $3309009 | $63172273 |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 6147097 | 11463717 | 2775 | 2276907 | 25282284 |
| Administrative charges | 1484510 | 2940277 | 512 | 512288 | 6456079 |
| Total expenses | 7631607 | 14403994 | 3287 | 2789195 | 31738363 |
| Net investment income (loss) | 3024869 | 12839553 | 11007 | 519814 | 31433910 |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** |
| Realized gain distributions | 64254815 | 43513999 |  | 19877207 | 246550896 |
| Realized gains (losses) on sale of<br>investments | (2945372) | (14344828) | (5719) | (360843) | (38876137) |
| Net realized gains (losses) | 61309443 | 29169171 | (5719) | 19516364 | 207674759 |
| Change in unrealized gains (losses)<br>on investments | (176797608) | (320092162) | (42590) | (77928593) | (959272106) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (115488165) | (290922991) | (48309) | (58412229) | (751597347) |
| Net increase (decrease) in net assets <br>resulting from operations | $(112463296) | $(278083438) | $(37302) | $(57892415) | $(720163437) |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-26

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTI Brighthouse**<br> **Small Cap Value**<br> **Division** | **BHFTI Brighthouse/**<br> **abrdn Emerging**<br> **Markets Equity**<br> **Division** | **BHFTI Brighthouse/**<br> **Eaton Vance**<br> **Floating Rate**<br> **Division** | **BHFTI Brighthouse/**<br> **Franklin**<br> **Low Duration**<br> **Total Return**<br> **Division** | **BHFTI Brighthouse/**<br> **Templeton**<br> **International Bond**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $107128 | $236520 | $665052 | $1598123 | $— |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 159525 | 321790 | 215624 | 600059 | 37173 |
| Administrative charges | 43594 | 80890 | 47111 | 138650 | 9357 |
| Total expenses | 203119 | 402680 | 262735 | 738709 | 46530 |
| Net investment income (loss) | (95991) | (166160) | 402317 | 859414 | (46530) |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)**<br> **on Investments:** |
| Realized gain distributions | 3006646 | 4818867 |  |  |  |
| Realized gains (losses) on sale of<br>investments | 235594 | (244794) | (316264) | (1587328) | (354292) |
| Net realized gains (losses) | 3242240 | 4574073 | (316264) | (1587328) | (354292) |
| Change in unrealized gains (losses)<br>on investments | (5893184) | (15226823) | (703813) | (3075706) | 159953 |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (2650944) | (10652750) | (1020077) | (4663034) | (194339) |
| Net increase (decrease) in net assets <br>resulting from operations | $(2746935) | $(10818910) | $(617760) | $(3803620) | $(240869) |

---

The accompanying notes are an integral part of these financial statements.<br>E-27

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF OPERATIONS — (Continued)<br>For the year ended December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTI Brighthouse/**<br> **Wellington**<br> **Large Cap**<br> **Research**<br> **Division** | **BHFTI CBRE**<br> **Global Real Estate**<br> **Division** | **BHFTI Harris**<br> **Oakmark**<br> **International**<br> **Division** | **BHFTI Invesco**<br> **Balanced-Risk**<br> **Allocation**<br> **Division** | **BHFTI Invesco**<br> **Comstock**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $5038010 | $5929080 | $6780196 | $23356442 | $262 |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 8245740 | 1501062 | 3147418 | 3718162 | 136 |
| Administrative charges | 221297 | 296626 | 658626 | 944965 | 23 |
| Total expenses | 8467037 | 1797688 | 3806044 | 4663127 | 159 |
| Net investment income (loss) | (3429027) | 4131392 | 2974152 | 18693315 | 103 |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** |
| Realized gain distributions | 154798591 | 13798735 | 17000007 | 22244230 | 1995 |
| Realized gains (losses) on sale of <br>investments | 9130608 | 26607 | (4520582) | (4285021) | 669 |
| Net realized gains (losses) | 163929199 | 13825342 | 12479425 | 17959209 | 2664 |
| Change in unrealized gains (losses) <br>on investments | (333559874) | (63561926) | (76926754) | (91721301) | (2739) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (169630675) | (49736584) | (64447329) | (73762092) | (75) |
| Net increase (decrease) in net assets <br>resulting from operations | $(173059702) | $(45605192) | $(61473177) | $(55068777) | $28 |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-28

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTI Invesco**<br> **Global Equity** <br> **Division** | **BHFTI Invesco**<br> **Small Cap Growth**<br> **Division** | **BHFTI JPMorgan**<br> **Core Bond**<br> **Division** | **BHFTI**<br> **JPMorgan Global** <br> **Active Allocation**<br> **Division** | **BHFTI JPMorgan**<br> **Small Cap Value**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $— | $— | $1396464 | $14546489 | $138224 |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 2286470 | 520685 | 593000 | 5737829 | 161917 |
| Administrative charges | 293621 | 97284 | 142442 | 1464421 | 39881 |
| Total expenses | 2580091 | 617969 | 735442 | 7202250 | 201798 |
| Net investment income (loss) | (2580091) | (617969) | 661022 | 7344239 | (63574) |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** |
| Realized gain distributions | 30119813 | 16941726 |  | 73990790 | 5302082 |
| Realized gains (losses) on sale of <br>investments | 3055122 | (4519726) | (1525442) | (3287480) | 100949 |
| Net realized gains (losses) | 33174935 | 12422000 | (1525442) | 70703310 | 5403031 |
| Change in unrealized gains (losses) <br>on investments | (123087099) | (37781915) | (8288792) | (208762149) | (8055046) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (89912164) | (25359915) | (9814234) | (138058839) | (2652015) |
| Net increase (decrease) in net assets <br>resulting from operations | $(92492255) | $(25977884) | $(9153212) | $(130714600) | $(2715589) |

---

The accompanying notes are an integral part of these financial statements.<br>E-29

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF OPERATIONS — (Continued)<br>For the year ended December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTI Loomis Sayles**<br> **Global Allocation**<br> **Division** | **BHFTI Loomis Sayles**<br> **Growth**<br> **Division** | **BHFTI MetLife**<br> **Multi-Index**<br> **Targeted Risk**<br> **Division** | **BHFTI MFS<sup>®</sup>** **Research**<br> **International**<br> **Division** | **BHFTI**<br> **Morgan Stanley**<br> **Discovery**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $— | $— | $10981973 | $2550643 | $— |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 831666 | 3764758 | 5971819 | 1373290 | 4582735 |
| Administrative charges | 182700 | 773308 | 1526931 | 259542 | 252184 |
| Total expenses | 1014366 | 4538066 | 7498750 | 1632832 | 4834919 |
| Net investment income (loss) | (1014366) | (4538066) | 3483223 | 917811 | (4834919) |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** |
| Realized gain distributions | 11508200 | 33662091 | 57259243 | 9298402 | 163506522 |
| Realized gains (losses) on sale of <br>investments | (333284) | (2152608) | (8670156) | 545765 | (59733260) |
| Net realized gains (losses) | 11174916 | 31509483 | 48589087 | 9844167 | 103773262 |
| Change in unrealized gains (losses)<br>on investments | (35255249) | (161762515) | (216901342) | (41407002) | (554186540) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (24080333) | (130253032) | (168312255) | (31562835) | (450413278) |
| Net increase (decrease) in net assets<br>resulting from operations | $(25094699) | $(134791098) | $(164829032) | $(30645024) | $(455248197) |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-30

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTI**<br> **PanAgora Global** <br> **Diversified Risk**<br> **Division** | **BHFTI**<br> **PanAgora Global** <br> **Diversified Risk II** <br> **Division (a)** | **BHFTI**<br> **PIMCO Inflation**<br> **Protected Bond**<br> **Division** | **BHFTI PIMCO**<br> **Total Return**<br> **Division** | **BHFTI Schroders**<br> **Global Multi-Asset**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $87398381 | $— | $17746763 | $16229829 | $7159283 |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 4994255 | 2609819 | 2873371 | 5606566 | 5029284 |
| Administrative charges | 1279791 | 668098 | 653526 | 1223957 | 1280300 |
| Total expenses | 6274046 | 3277917 | 3526897 | 6830523 | 6309584 |
| Net investment income (loss) | 81124335 | (3277917) | 14219866 | 9399306 | 849699 |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** |
| Realized gain distributions | 50567855 |  |  |  | 33675148 |
| Realized gains (losses) on sale of <br>investments | (15054707) | (184703326) | (2725684) | (14391292) | (3530023) |
| Net realized gains (losses) | 35513148 | (184703326) | (2725684) | (14391292) | 30145125 |
| Change in unrealized gains (losses)<br>on investments | (262518904) | 92471698 | (52041881) | (93582768) | (164088196) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (227005756) | (92231628) | (54767565) | (107974060) | (133943071) |
| Net increase (decrease) in net assets<br>resulting from operations | $(145881421) | $(95509545) | $(40547699) | $(98574754) | $(133093372) |

---

The accompanying notes are an integral part of these financial statements.<br>E-31

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF OPERATIONS — (Continued)<br>For the year ended December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTI**<br> **SSGA Growth** <br> **and Income ETF**<br> **Division** | **BHFTI**<br> **SSGA Growth ETF**<br> **Division** | **BHFTI T. Rowe Price**<br> **Large Cap Value**<br> **Division** | **BHFTI T. Rowe Price**<br> **Mid Cap Growth**<br> **Division** | **BHFTI TCW Core**<br> **Fixed Income**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $15288363 | $3073631 | $11089 | $— | $208 |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 5011209 | 1102443 | 5477 | 3936567 | 249 |
| Administrative charges | 1250657 | 259860 | 1097 | 755098 | 35 |
| Total expenses | 6261866 | 1362303 | 6574 | 4691665 | 284 |
| Net investment income (loss) | 9026497 | 1711328 | 4515 | (4691665) | (76) |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** |
| Realized gain distributions | 83510581 | 18890804 | 85974 | 71720611 |  |
| Realized gains (losses) on sale of<br>investments | (3174660) | (402998) | 7530 | (6142167) | (1384) |
| Net realized gains (losses) | 80335921 | 18487806 | 93504 | 65578444 | (1384) |
| Change in unrealized gains (losses)<br>on investments | (187053193) | (42167385) | (150698) | (175127634) | (3108) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (106717272) | (23679579) | (57194) | (109549190) | (4492) |
| Net increase (decrease) in net assets <br>resulting from operations | $(97690775) | $(21968251) | $(52679) | $(114240855) | $(4568) |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-32

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTI Victory**<br> **Sycamore**<br> **Mid Cap Value** <br> **Division** | **BHFTI Western**<br> **Asset Management** <br> **Government Income**<br> **Division** | **BHFTII**<br> **Baillie Gifford** <br> **International Stock**<br> **Division** | **BHFTII BlackRock** <br> **Bond Income**<br> **Division** | **BHFTII BlackRock**<br> **Capital Appreciation**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $6062482 | $6317078 | $964017 | $8124364 | $— |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 3774296 | 2737040 | 1069579 | 3155282 | 1706055 |
| Administrative charges | 584174 | 693579 | 101302 | 545255 | 382882 |
| Total expenses | 4358470 | 3430619 | 1170881 | 3700537 | 2088937 |
| Net investment income (loss) | 1704012 | 2886459 | (206864) | 4423827 | (2088937) |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** |
| Realized gain distributions | 41641118 |  | 8493133 | 357426 | 47108887 |
| Realized gains (losses) on sale of<br>investments | 10811057 | (5806492) | (1649884) | (7013218) | (1867717) |
| Net realized gains (losses) | 52452175 | (5806492) | 6843249 | (6655792) | 45241170 |
| Change in unrealized gains (losses)<br>on investments | (69565738) | (46319709) | (43602877) | (50416643) | (131433385) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (17113563) | (52126201) | (36759628) | (57072435) | (86192215) |
| Net increase (decrease) in net assets <br>resulting from operations | $(15409551) | $(49239742) | $(36966492) | $(52648608) | $(88281152) |

---

The accompanying notes are an integral part of these financial statements.<br>E-33

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF OPERATIONS — (Continued)<br>For the year ended December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTII BlackRock**<br> **Ultra-Short**<br> **Term Bond**<br> **Division** | **BHFTII Brighthouse**<br> **Asset Allocation 20**<br> **Division** | **BHFTII Brighthouse**<br> **Asset Allocation 40**<br> **Division** | **BHFTII Brighthouse** <br> **Asset Allocation 60**<br> **Division** | **BHFTII Brighthouse**<br> **Asset Allocation 80**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $— | $7284993 | $17651078 | $53227502 | $25907508 |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 379704 | 2410542 | 6948742 | 24917805 | 14463200 |
| Administrative charges | 90150 | 546813 | 1591500 | 5811366 | 3222087 |
| Total expenses | 469854 | 2957355 | 8540242 | 30729171 | 17685287 |
| Net investment income (loss) | (469854) | 4327638 | 9110836 | 22498331 | 8222221 |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** |
| Realized gain distributions |  | 7307759 | 37086894 | 189958103 | 134591822 |
| Realized gains (losses) on sale of <br>investments | (97481) | (4152472) | (7790890) | (12727899) | (683006) |
| Net realized gains (losses) | (97481) | 3155287 | 29296004 | 177230204 | 133908816 |
| Change in unrealized gains (losses) <br>on investments | 510824 | (44323416) | (156261680) | (677275685) | (467337958) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | 413343 | (41168129) | (126965676) | (500045481) | (333429142) |
| Net increase (decrease) in net assets <br>resulting from operations | $(56511) | $(36840491) | $(117854840) | $(477547150) | $(325206921) |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-34

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTII Brighthouse/**<br> **Artisan**<br> **Mid Cap Value**<br> **Division** | **BHFTII Brighthouse/**<br> **Dimensional**<br> **International**<br> **Small Company**<br> **Division** | **BHFTII Brighthouse/**<br> **Wellington Balanced** <br> **Division** | **BHFTII Brighthouse/**<br> **Wellington**<br> **Core Equity**<br> **Opportunities**<br> **Division** | **BHFTII**<br> **Frontier**<br> **Mid Cap Growth**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $1354723 | $125037 | $8776848 | $5810104 | $— |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 1804220 | 54225 | 6329755 | 4742835 | 5234500 |
| Administrative charges | 274565 | 13333 | 173039 | 929353 | 147197 |
| Total expenses | 2078785 | 67558 | 6502794 | 5672188 | 5381697 |
| Net investment income (loss) | (724062) | 57479 | 2274054 | 137916 | (5381697) |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** |
| Realized gain distributions | 24672507 | 581278 | 69908132 | 83228063 | 128366513 |
| Realized gains (losses) on sale of <br>investments | 2583780 | (204765) | 553775 | 7563477 | (3226859) |
| Net realized gains (losses) | 27256287 | 376513 | 70461907 | 90791540 | 125139654 |
| Change in unrealized gains (losses) <br>on investments | (52351710) | (1673161) | (183736616) | (125499982) | (287193664) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (25095423) | (1296648) | (113274709) | (34708442) | (162054010) |
| Net increase (decrease) in net assets <br>resulting from operations | $(25819485) | $(1239169) | $(111000655) | $(34570526) | $(167435707) |

---

The accompanying notes are an integral part of these financial statements.<br>E-35

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF OPERATIONS — (Continued)<br>For the year ended December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTII**<br> **Jennison Growth**<br> **Division** | **BHFTII**<br> **Loomis Sayles**<br> **Small Cap Core**<br> **Division** | **BHFTII**<br> **Loomis Sayles**<br> **Small Cap Growth**<br> **Division** | **BHFTII MetLife**<br> **Aggregate Bond Index**<br> **Division** | **BHFTII MetLife**<br> **Mid Cap Stock Index**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $— | $— | $— | $20171768 | $4165009 |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 2098893 | 1395873 | 523362 | 7937042 | 4704874 |
| Administrative charges | 380221 | 261726 | 79505 | 1617834 | 785801 |
| Total expenses | 2479114 | 1657599 | 602867 | 9554876 | 5490675 |
| Net investment income (loss) | (2479114) | (1657599) | (602867) | 10616892 | (1325666) |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** |
| Realized gain distributions | 47769151 | 26537683 | 11460181 |  | 73224342 |
| Realized gains (losses) on sale of <br>investments | (8260441) | (1048463) | (1846819) | (14925031) | 6887089 |
| Net realized gains (losses) | 39508710 | 25489220 | 9613362 | (14925031) | 80111431 |
| Change in unrealized gains (losses) <br>on investments | (148912363) | (50186259) | (24490709) | (121435937) | (154398345) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (109403653) | (24697039) | (14877347) | (136360968) | (74286914) |
| Net increase (decrease) in net assets <br>resulting from operations | $(111882767) | $(26354638) | $(15480214) | $(125744076) | $(75612580) |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-36

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTII MetLife**<br> **MSCI EAFE<sup>®</sup> Index**<br> **Division** | **BHFTII MetLife**<br> **Russell 2000<sup>®</sup> Index**<br> **Division** | **BHFTII MetLife**<br> **Stock Index**<br> **Division** | **BHFTII MFS<sup>®</sup>** <br> **Total Return** <br> **Division** | **BHFTII MFS<sup>®</sup> Value**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $13660530 | $2593742 | $34340696 | $1710227 | $8626639 |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 4020006 | 3069837 | 32150048 | 1050582 | 6019411 |
| Administrative charges | 738384 | 464468 | 3192320 | 196410 | 1077693 |
| Total expenses | 4758390 | 3534305 | 35342368 | 1246992 | 7097104 |
| Net investment income (loss) | 8902140 | (940563) | (1001672) | 463235 | 1529535 |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** |
| Realized gain distributions | 10254355 | 52206631 | 262305435 | 10155011 | 81871613 |
| Realized gains (losses) on sale of <br>investments | 4794054 | 1675528 | 106560510 | 537330 | 6501148 |
| Net realized gains (losses) | 15048409 | 53882159 | 368865945 | 10692341 | 88372761 |
| Change in unrealized gains (losses) <br>on investments | (94659842) | (127048458) | (1025461315) | (24062207) | (139181242) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (79611433) | (73166299) | (656595370) | (13369866) | (50808481) |
| Net increase (decrease) in net assets <br>resulting from operations | $(70709293) | $(74106862) | $(657597042) | $(12906631) | $(49278946) |

---

The accompanying notes are an integral part of these financial statements.<br>E-37

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF OPERATIONS — (Continued)<br>For the year ended December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTII**<br> **Neuberger Berman**<br> **Genesis**<br> **Division** | **BHFTII**<br> **T. Rowe Price**<br> **Large Cap Growth**<br> **Division** | **BHFTII**<br> **T. Rowe Price**<br> **Small Cap Growth**<br> **Division** | **BHFTII**<br> **VanEck Global**<br> **Natural Resources**<br> **Division** | **BHFTII Western**<br> **Asset Management** <br> **Strategic Bond**<br> **Opportunities**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $— | $— | $376885 | $514612 | $18274761 |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 2839686 | 5613346 | 3993346 | 210316 | 3279618 |
| Administrative charges | 344291 | 895123 | 473913 | 53947 | 638146 |
| Total expenses | 3183977 | 6508469 | 4467259 | 264263 | 3917764 |
| Net investment income (loss) | (3183977) | (6508469) | (4090374) | 250349 | 14356997 |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** |
| Realized gain distributions | 44264007 | 111741908 | 70605946 |  |  |
| Realized gains (losses) on sale of <br>investments | 3424288 | (6261424) | (1794869) | 2265652 | (4688501) |
| Net realized gains (losses) | 47688295 | 105480484 | 68811077 | 2265652 | (4688501) |
| Change in unrealized gains (losses) <br>on investments | (108443402) | (410062813) | (173452439) | (322128) | (74860603) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (60755107) | (304582329) | (104641362) | 1943524 | (79549104) |
| Net increase (decrease) in net assets <br>resulting from operations | $(63939084) | $(311090798) | $(108731736) | $2193873 | $(65192107) |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-38

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **BHFTII Western**<br> **Asset Management**<br> **U.S. Government**<br> **Division** | **BlackRock**<br> **Global Allocation V.I.**<br> **Division** | **Calvert VP**<br> **SRI Balanced**<br> **Division** | **Calvert VP**<br> **SRI Mid Cap**<br> **Division** | **Delaware VIP<sup>®</sup>** **Small Cap Value**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $2203881 | $— | $583777 | $— | $7 |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 1100316 | 188 | 536604 | 59861 | 5 |
| Administrative charges | 219121 | 40 | 45637 |  |  |
| Total expenses | 1319437 | 228 | 582241 | 59861 | 5 |
| Net investment income (loss) | 884444 | (228) | 1536 | (59861) | 2 |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** |
| Realized gain distributions |  | 266 | 4629355 | 1313908 | 56 |
| Realized gains (losses) on sale of <br>investments | (2682679) | (229) | 997988 | 20588 | 1 |
| Net realized gains (losses) | (2682679) | 37 | 5627343 | 1334496 | 57 |
| Change in unrealized gains (losses) <br>on investments | (10133724) | (3238) | (15121643) | (2829543) | (173) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (12816403) | (3201) | (9494300) | (1495047) | (116) |
| Net increase (decrease) in net assets <br>resulting from operations | $(11931959) | $(3429) | $(9492764) | $(1554908) | $(114) |

---

The accompanying notes are an integral part of these financial statements.<br>E-39

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF OPERATIONS — (Continued)<br>For the year ended December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Fidelity<sup>®</sup> VIP**<br> **Contrafund<sup>®</sup>** **Division** | **Fidelity<sup>®</sup> VIP**<br> **Equity-Income**<br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **Freedom 2020**<br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **Freedom 2025**<br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **Freedom 2030**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $1977 | $1230857 | $74698 | $127802 | $125078 |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 6213 | 623510 | 36975 | 70042 | 63195 |
| Administrative charges | 751 | 42832 | 745 | 7573 | 7614 |
| Total expenses | 6964 | 666342 | 37720 | 77615 | 70809 |
| Net investment income (loss) | (4987) | 564515 | 36978 | 50187 | 54269 |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** |
| Realized gain distributions | 37315 | 2160570 | 389899 | 465716 | 520804 |
| Realized gains (losses) on sale of<br>investments | 12938 | 588025 | (100753) | (158363) | 30869 |
| Net realized gains (losses) | 50253 | 2748595 | 289146 | 307353 | 551673 |
| Change in unrealized gains (losses)<br>on investments | (306102) | (7606471) | (1076717) | (1794862) | (2030431) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (255849) | (4857876) | (787571) | (1487509) | (1478758) |
| Net increase (decrease) in net assets <br>resulting from operations | $(260836) | $(4293361) | $(750593) | $(1437322) | $(1424489) |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-40

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Fidelity<sup>®</sup> VIP**<br> **Freedom 2035**<br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **Freedom 2040**<br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **Freedom 2045**<br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **Freedom 2050**<br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **FundsManager 50%**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $79898 | $47346 | $47317 | $104895 | $3977836 |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 49425 | 29714 | 29546 | 67141 | 4010580 |
| Administrative charges | 5848 | 3007 | 3343 | 6366 |  |
| Total expenses | 55273 | 32721 | 32889 | 73507 | 4010580 |
| Net investment income (loss) | 24625 | 14625 | 14428 | 31388 | (32744) |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** |
| Realized gain distributions | 354392 | 226235 | 231150 | 505904 | 35497635 |
| Realized gains (losses) on sale of<br>investments | (69714) | (12037) | (594) | (53906) | (1879911) |
| Net realized gains (losses) | 284678 | 214198 | 230556 | 451998 | 33617724 |
| Change in unrealized gains (losses)<br>on investments | (1328398) | (862904) | (873801) | (1917851) | (70489715) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (1043720) | (648706) | (643245) | (1465853) | (36871991) |
| Net increase (decrease) in net assets <br>resulting from operations | $(1019095) | $(634081) | $(628817) | $(1434465) | $(36904735) |

---

The accompanying notes are an integral part of these financial statements.<br>E-41

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF OPERATIONS — (Continued)<br>For the year ended December 31, 2022**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Fidelity<sup>®</sup> VIP**<br> **FundsManager 60%**<br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **Government Money**<br> **Market**<br> **Division** | **Fidelity<sup>®</sup> VIP Growth** <br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **Investment Grade**<br> **Bond**<br> **Division** | **Fidelity<sup>®</sup> VIP**<br> **Mid Cap**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $3422400 | $66296 | $688710 | $166254 | $1216 |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 3844882 | 46112 | 1054290 | 72827 | 3639 |
| Administrative charges |  |  |  |  | 454 |
| Total expenses | 3844882 | 46112 | 1054290 | 72827 | 4093 |
| Net investment income (loss) | (422482) | 20184 | (365580) | 93427 | (2877) |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** |
| Realized gain distributions | 36313191 |  | 8306623 | 419335 | 30996 |
| Realized gains (losses) on sale of <br>investments | (3200895) |  | 2270112 | (141591) | 1816 |
| Net realized gains (losses) | 33112296 |  | 10576735 | 277744 | 32812 |
| Change in unrealized gains (losses) <br>on investments | (71591728) |  | (45048536) | (1575490) | (114450) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (38479432) |  | (34471801) | (1297746) | (81638) |
| Net increase (decrease) in net assets <br>resulting from operations | $(38901914) | $20184 | $(34837381) | $(1204319) | $(84515) |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-42

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **FTVIPT Templeton**<br> **Developing**<br> **Markets VIP**<br> **Division** | **FTVIPT Templeton**<br> **Foreign VIP**<br> **Division** | **Janus Henderson**<br> **Enterprise**<br> **Division** | **LMPVET**<br> **ClearBridge Variable**<br> **Appreciation**<br> **Division** | **LMPVET**<br> **ClearBridge Variable**<br> **Dividend Strategy** <br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $1051 | $18 | $104 | $552 | $1174 |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 315 | 5 | 837 | 416 | 697 |
| Administrative charges | 38 |  | 104 | 51 | 86 |
| Total expenses | 353 | 5 | 941 | 467 | 783 |
| Net investment income (loss) | 698 | 13 | (837) | 85 | 391 |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** |
| Realized gain distributions | 3038 |  | 22693 | 2493 | 7148 |
| Realized gains (losses) on sale of <br>investments | (634) |  | (1867) | 647 | 3603 |
| Net realized gains (losses) | 2404 |  | 20826 | 3140 | 10751 |
| Change in unrealized gains (losses) <br>on investments | (14732) | (31) | (44968) | (11113) | (20049) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (12328) | (31) | (24142) | (7973) | (9298) |
| Net increase (decrease) in net assets <br>resulting from operations | $(11630) | $(18) | $(24979) | $(7888) | $(8907) |

---

The accompanying notes are an integral part of these financial statements.<br>E-43

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF OPERATIONS — (Concluded)<br>For the year ended December 31, 2022**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **LMPVET**<br> **ClearBridge Variable**<br> **Large Cap Growth**<br> **Division** | **LMPVET**<br> **ClearBridge Variable**<br> **Small Cap Growth**<br> **Division** | **LMPVIT Western**<br> **Asset Core Plus**<br> **Division** | **Morgan Stanley VIF**<br> **Global Infrastructure**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $— | $— | $7 | $1539 |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 3507 | 355 | 1 | 586 |
| Administrative charges | 416 | 39 |  | 142 |
| Total expenses | 3923 | 394 | 1 | 728 |
| Net investment income (loss) | (3923) | (394) | 6 | 811 |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** |
| Realized gain distributions | 27939 | 1045 |  | 3255 |
| Realized gains (losses) on sale of <br>investments | 5466 | (2672) | (1) | 34 |
| Net realized gains (losses) | 33405 | (1627) | (1) | 3289 |
| Change in unrealized gains (losses) <br>on investments | (215618) | (16333) | (78) | (10020) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (182213) | (17960) | (79) | (6731) |
| Net increase (decrease) in net assets <br>resulting from operations | $(186136) | $(18354) | $(73) | $(5920) |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-44

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **PIMCO VIT**<br> **CommodityRealReturn<sup>®</sup>** **Strategy**<br> **Division** | **PIMCO VIT**<br> **Dynamic Bond**<br> **Division** | **PIMCO VIT**<br> **Emerging Markets**<br> **Bond**<br> **Division** | **TAP 1919 Variable**<br> **Socially Responsive**<br> **Balanced**<br> **Division** |
| **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** | **Investment Income:** |
| Dividends | $15207 | $275 | $1045 | $61 |
| **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** | **Expenses:** |
| Mortality and expense risk and <br>other charges | 896 | 151 | 236 | 69 |
| Administrative charges | 201 | 40 | 56 | 8 |
| Total expenses | 1097 | 191 | 292 | 77 |
| Net investment income (loss) | 14110 | 84 | 753 | (16) |
| **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** | **Net Realized and Change in** <br> **Unrealized Gains (Losses)** <br> **on Investments:** |
| Realized gain distributions |  | 2026 |  | 426 |
| Realized gains (losses) on sale of <br>investments | 366 | (1077) | (2995) | 6 |
| Net realized gains (losses) | 366 | 949 | (2995) | 432 |
| Change in unrealized gains (losses) <br>on investments | (18725) | (2471) | (3292) | (2670) |
| Net realized and change in <br>unrealized gains (losses) <br>on investments | (18359) | (1522) | (6287) | (2238) |
| Net increase (decrease) in net assets <br>resulting from operations | $(4249) | $(1438) | $(5534) | $(2254) |

---

The accompanying notes are an integral part of these financial statements.<br>E-45

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF CHANGES IN NET ASSETS**

**For the years ended December 31, 2022 and 2021**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **American Funds<sup>®</sup> Global Growth**<br> **Division** | **American Funds<sup>®</sup> Global Growth**<br> **Division** | **American Funds<sup>®</sup> Global Small**<br> **Capitalization** <br> **Division** | **American Funds<sup>®</sup> Global Small**<br> **Capitalization** <br> **Division** | **American Funds<sup>®</sup> Growth**<br> **Division** | **American Funds<sup>®</sup> Growth**<br> **Division** | **American Funds<sup>®</sup> Growth-Income**<br> **Division** | **American Funds<sup>®</sup> Growth-Income**<br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $(600) | $(1629) | $(4738089) | $(6773668) | $(11086633) | $(16013036) | $(1124484) | $(2610038) |
| Net realized gains (losses) | 30895 | 36227 | 110565705 | 37597950 | 172377778 | 270221586 | 86024905 | 51783238 |
| Change in unrealized gains <br>(losses) on investments | (98832) | 6284 | (241602749) | (4521614) | (570738790) | (5753875) | (224223198) | 111065267 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (68537) | 40882 | (135775133) | 26302668 | (409447645) | 248454675 | (139322777) | 160238467 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners |  | 70 | 3426544 | 4384060 | 10510904 | 11778445 | 5894086 | 6504223 |
| Net transfers (including fixed <br>account) | 12407 | (6783) | 19218135 | (6469791) | 12411007 | (37841541) | (10860140) | (25097291) |
| Contract charges |  |  | (1437382) | (1534473) | (2699019) | (2684626) | (2327331) | (2276995) |
| Transfers for Contract benefits <br>and terminations | (54317) | (42772) | (31233255) | (54478703) | (96970497) | (157236091) | (72129653) | (96566881) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (41910) | (49485) | (10025958) | (58098907) | (76747605) | (185983813) | (79423038) | (117436944) |
| Net increase (decrease) <br>in net assets | (110447) | (8603) | (145801091) | (31796239) | (486195250) | 62470862 | (218745815) | 42801523 |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 273167 | 281770 | 443145956 | 474942195 | 1359475833 | 1297004971 | 808908049 | 766106526 |
| End of year | $162720 | $273167 | $297344865 | $443145956 | $873280583 | $1359475833 | $590162234 | $808908049 |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-46

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **American Funds<sup>®</sup>** **The Bond Fund of America** <br> **Division** | **American Funds<sup>®</sup>** **The Bond Fund of America** <br> **Division** | **BHFTI AB Global**<br> **Dynamic Allocation**<br> **Division** | **BHFTI AB Global**<br> **Dynamic Allocation**<br> **Division** | **BHFTI Allspring** <br> **Mid Cap Value**<br> **Division** | **BHFTI Allspring** <br> **Mid Cap Value**<br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $950805 | $(43469) | $28124565 | $(11986090) | $(1411) | $(1653) |
| Net realized gains (losses) | (642816) | 3762295 | 62021926 | 99086295 | 41241 | 7808 |
| Change in unrealized gains <br>(losses) on investments | (11257097) | (5273900) | (327522776) | 4345270 | (60899) | 51434 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (10949108) | (1555074) | (237376285) | 91445475 | (21069) | 57589 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 1119826 | 968357 | 2555674 | 889078 |  |  |
| Net transfers (including fixed <br>account) | (3395469) | 5831177 | (6661615) | (18923741) | (17434) | (13399) |
| Contract charges | (387200) | (356099) | (16411512) | (17476412) | (8) | (8) |
| Transfers for Contract benefits <br>and terminations | (7464547) | (9115497) | (94257778) | (142695787) | (95559) | (25523) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (10127390) | (2672062) | (114775231) | (178206862) | (113001) | (38930) |
| Net increase (decrease) <br>in net assets | (21076498) | (4227136) | (352151516) | (86761387) | (134070) | 18659 |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 83591263 | 87818399 | 1149682505 | 1236443892 | 248627 | 229968 |
| End of year | $62514765 | $83591263 | $797530989 | $1149682505 | $114557 | $248627 |

---

The accompanying notes are an integral part of these financial statements.<br>E-47

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF CHANGES IN NET ASSETS — (Continued)**

**For the years ended December 31, 2022 and 2021**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTI American Funds<sup>®</sup>** <br> **Balanced Allocation** <br> **Division** | **BHFTI American Funds<sup>®</sup>** <br> **Balanced Allocation** <br> **Division** | **BHFTI American Funds<sup>®</sup>** <br> **Growth Allocation** <br> **Division** | **BHFTI American Funds<sup>®</sup>** <br> **Growth Allocation** <br> **Division** | **BHFTI American Funds<sup>®</sup> Growth** <br> **Division** | **BHFTI American Funds<sup>®</sup> Growth** <br> **Division** | **BHFTI American Funds<sup>®</sup>** <br> **Moderate Allocation** <br> **Division** | **BHFTI American Funds<sup>®</sup>** <br> **Moderate Allocation** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $1186639 | $(488060) | $(715523) | $(2179295) | $(1868338) | $(4571806) | $3024869 | $2224630 |
| Net realized gains (losses) | 85000080 | 48709808 | 63606919 | 29038147 | 56874578 | 62461431 | 61309443 | 40362611 |
| Change in unrealized gains <br>(losses) on investments | (224136212) | 34664966 | (159530461) | 39648497 | (159675478) | 8656989 | (176797608) | 18466990 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (137949493) | 82886714 | (96639065) | 66507349 | (104669238) | 66546614 | (112463296) | 61054231 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 3467512 | 4160842 | 5405481 | 5642241 | 427075 | 773020 | 4472422 | 4974620 |
| Net transfers (including fixed <br>account) | 1999004 | 6173459 | (3673139) | 1959261 | 19470762 | (33200207) | (5417815) | (7291973) |
| Contract charges | (7004629) | (7078783) | (3902401) | (3647278) | (2157133) | (2232086) | (6757574) | (7137150) |
| Transfers for Contract benefits <br>and terminations | (65994097) | (107294219) | (34747511) | (41220457) | (32775326) | (61386885) | (66827932) | (91595518) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (67532210) | (104038701) | (36917570) | (37266233) | (15034622) | (96046158) | (74530899) | (101050021) |
| Net increase (decrease) <br>in net assets | (205481703) | (21151987) | (133556635) | 29241116 | (119703860) | (29499544) | (186994195) | (39995790) |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 792659669 | 813811656 | 502935505 | 473694389 | 344916945 | 374416489 | 738578220 | 778574010 |
| End of year | $587177966 | $792659669 | $369378870 | $502935505 | $225213085 | $344916945 | $551584025 | $738578220 |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-48

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTI BlackRock Global** <br> **Tactical Strategies** <br> **Division** | **BHFTI BlackRock Global** <br> **Tactical Strategies** <br> **Division** | **BHFTI BlackRock High Yield** <br> **Division** | **BHFTI BlackRock High Yield** <br> **Division** | **BHFTI Brighthouse** <br> **Asset Allocation 100** <br> **Division** | **BHFTI Brighthouse** <br> **Asset Allocation 100** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $12839553 | $1956307 | $11007 | $11513 | $519814 | $(87116) |
| Net realized gains (losses) | 29169171 | 74939342 | (5719) | 7440 | 19516364 | 26151448 |
| Change in unrealized gains <br>(losses) on investments | (320092162) | 46237837 | (42590) | (2913) | (77928593) | 15619775 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (278083438) | 123133486 | (37302) | 16040 | (57892415) | 41684107 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 2932361 | 1538484 | 9962 | 38463 | 5846488 | 6280007 |
| Net transfers (including fixed <br>account) | (13731016) | (23066241) | (5353) | 16856 | 227912 | 2175804 |
| Contract charges | (21038300) | (22218505) | (29) | (38) | (517685) | (452727) |
| Transfers for Contract benefits <br>and terminations | (124273619) | (185236853) | (116349) | (146942) | (16977396) | (26229781) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (156110574) | (228983115) | (111769) | (91661) | (11420681) | (18226697) |
| Net increase (decrease) <br>in net assets | (434194012) | (105849629) | (149071) | (75621) | (69313096) | 23457410 |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 1456631240 | 1562480869 | 374224 | 449845 | 278055934 | 254598524 |
| End of year | $1022437228 | $1456631240 | $225153 | $374224 | $208742838 | $278055934 |

---

The accompanying notes are an integral part of these financial statements.<br>E-49

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF CHANGES IN NET ASSETS — (Continued)**

**For the years ended December 31, 2022 and 2021**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTI** <br> **Brighthouse Balanced Plus** <br> **Division** | **BHFTI** <br> **Brighthouse Balanced Plus** <br> **Division** | **BHFTI** <br> **Brighthouse Small Cap Value** <br> **Division** | **BHFTI** <br> **Brighthouse Small Cap Value** <br> **Division** | **BHFTI Brighthouse/abrdn** <br> **Emerging Markets Equity** <br> **Division** | **BHFTI Brighthouse/abrdn** <br> **Emerging Markets Equity** <br> **Division** | **BHFTI Brighthouse/Eaton** <br> **Vance Floating Rate** <br> **Division** | **BHFTI Brighthouse/Eaton** <br> **Vance Floating Rate** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $31433910 | $37499292 | $(95991) | $(64869) | $(166160) | $(472473) | $402317 | $353227 |
| Net realized gains (losses) | 207674759 | 175708520 | 3242240 | 767249 | 4574073 | 2648795 | (316264) | (127367) |
| Change in unrealized gains <br>(losses) on investments | (959272106) | (3734062) | (5893184) | 4307576 | (15226823) | (4561000) | (703813) | 179559 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (720163437) | 209473750 | (2746935) | 5009956 | (10818910) | (2384678) | (617760) | 405419 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 5639355 | 2728744 | 488876 | 579159 | 59481 | 63604 | 36766 | 12354 |
| Net transfers (including fixed <br>account) | (14040173) | 26289313 | (207140) | (312442) | 3682177 | 1798956 | 1837610 | 3190664 |
| Contract charges | (43089629) | (46802308) | (37386) | (32266) | (311270) | (327276) | (55572) | (47858) |
| Transfers for Contract benefits <br>and terminations | (293878722) | (469537834) | (1640013) | (1983587) | (3237265) | (5967548) | (3137962) | (3832469) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (345369169) | (487322085) | (1395663) | (1749136) | 193123 | (4432264) | (1319158) | (677309) |
| Net increase (decrease) <br>in net assets | (1065532606) | (277848335) | (4142598) | 3260820 | (10625787) | (6816942) | (1936918) | (271890) |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 3294483428 | 3572331763 | 20325098 | 17064278 | 40417620 | 47234562 | 19666389 | 19938279 |
| End of year | $2228950822 | $3294483428 | $16182500 | $20325098 | $29791833 | $40417620 | $17729471 | $19666389 |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-50

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTI Brighthouse/Franklin** <br> **Low Duration Total Return**<br> **Division** | **BHFTI Brighthouse/Franklin** <br> **Low Duration Total Return**<br> **Division** | **BHFTI Brighthouse/Templeton**<br> **International Bond**<br> **Division** | **BHFTI Brighthouse/Templeton**<br> **International Bond**<br> **Division** | **BHFTI Brighthouse/Wellington**<br> **Large Cap Research** <br> **Division** | **BHFTI Brighthouse/Wellington**<br> **Large Cap Research** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $859414 | $421482 | $(46530) | $(59170) | $(3429027) | $(2355349) |
| Net realized gains (losses) | (1587328) | (438431) | (354292) | (186707) | 163929199 | 118239234 |
| Change in unrealized gains <br>(losses) on investments | (3075706) | (656790) | 159953 | (64974) | (333559874) | 59969075 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (3803620) | (673739) | (240869) | (310851) | (173059702) | 175852960 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 299463 | 295461 | 14183 | 2056 | 5003825 | 5185785 |
| Net transfers (including fixed <br>account) | (1399226) | 10882137 | (415407) | 752411 | (11768419) | (16272541) |
| Contract charges | (529533) | (507036) | (49174) | (48579) | (508906) | (511886) |
| Transfers for Contract benefits <br>and terminations | (7966583) | (10714329) | (439378) | (775098) | (63884716) | (80876968) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (9595879) | (43767) | (889776) | (69210) | (71158216) | (92475610) |
| Net increase (decrease) <br>in net assets | (13399499) | (717506) | (1130645) | (380061) | (244217918) | 83377350 |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 67677469 | 68394975 | 4563951 | 4944012 | 889105237 | 805727887 |
| End of year | $54277970 | $67677469 | $3433306 | $4563951 | $644887319 | $889105237 |

---

The accompanying notes are an integral part of these financial statements.<br>E-51

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF CHANGES IN NET ASSETS — (Continued)**

**For the years ended December 31, 2022 and 2021**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTI** <br> **CBRE Global Real Estate** <br> **Division** | **BHFTI** <br> **CBRE Global Real Estate** <br> **Division** | **BHFTI Harris Oakmark** <br> **International** <br> **Division** | **BHFTI Harris Oakmark** <br> **International** <br> **Division** | **BHFTI Invesco** <br> **Balanced-Risk Allocation** <br> **Division** | **BHFTI Invesco** <br> **Balanced-Risk Allocation** <br> **Division** | **BHFTI Invesco Comstock**<br> **Division** | **BHFTI Invesco Comstock**<br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $4131392 | $2893717 | $2974152 | $(2400992) | $18693315 | $7836692 | $103 | $(25) |
| Net realized gains (losses) | 13825342 | 3397563 | 12479425 | 7623214 | 17959209 | 14278919 | 2664 | 4111 |
| Change in unrealized gains <br>(losses) on investments | (63561926) | 43781344 | (76926754) | 25327901 | (91721301) | 13002923 | (2739) | 8361 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (45605192) | 50072624 | (61473177) | 30550123 | (55068777) | 35118534 | 28 | 12447 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 1550765 | 1921238 | 3934219 | 4863466 | 482793 | 493345 |  |  |
| Net transfers (including fixed <br>account) | 1415572 | (13280159) | (4610863) | (14704634) | 28516289 | 14427934 | (1546) | (795) |
| Contract charges | (620428) | (628088) | (1805292) | (1871494) | (6406962) | (6053372) | (2) | (4) |
| Transfers for Contract benefits <br>and terminations | (14101928) | (21077633) | (29591370) | (57538748) | (46146413) | (59700559) | (2196) | (48361) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (11756019) | (33064642) | (32073306) | (69251410) | (23554293) | (50832652) | (3744) | (49160) |
| Net increase (decrease) <br>in net assets | (57361211) | 17007982 | (93546483) | (38701287) | (78623070) | (15714118) | (3716) | (36713) |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 183528774 | 166520792 | 379548585 | 418249872 | 420943457 | 436657575 | 17943 | 54656 |
| End of year | $126167563 | $183528774 | $286002102 | $379548585 | $342320387 | $420943457 | $14227 | $17943 |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-52

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTI Invesco Global Equity** <br> **Division** | **BHFTI Invesco Global Equity** <br> **Division** | **BHFTI** <br> **Invesco Small Cap Growth** <br> **Division** | **BHFTI** <br> **Invesco Small Cap Growth** <br> **Division** | **BHFTI JPMorgan Core Bond** <br> **Division** | **BHFTI JPMorgan Core Bond** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $(2580091) | $(3422227) | $(617969) | $(949430) | $661022 | $752320 |
| Net realized gains (losses) | 33174935 | 30280034 | 12422000 | 17104094 | (1525442) | 5729 |
| Change in unrealized gains <br>(losses) on investments | (123087099) | 11623772 | (37781915) | (12066264) | (8288792) | (2825618) |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (92492255) | 38481579 | (25977884) | 4088400 | (9153212) | (2067569) |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 2444025 | 2908913 | 837209 | 965301 | 108137 | 129710 |
| Net transfers (including fixed <br>account) | 7985653 | (5398969) | (433705) | 6582050 | (5051002) | 11192168 |
| Contract charges | (858923) | (890031) | (200266) | (217108) | (592945) | (567074) |
| Transfers for Contract benefits <br>and terminations | (20703866) | (29958489) | (4860882) | (9570530) | (7101858) | (12899709) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (11133111) | (33338576) | (4657644) | (2240287) | (12637668) | (2144905) |
| Net increase (decrease) <br>in net assets | (103625366) | 5143003 | (30635528) | 1848113 | (21790880) | (4212474) |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 286660569 | 281517566 | 73101402 | 71253289 | 71214221 | 75426695 |
| End of year | $183035203 | $286660569 | $42465874 | $73101402 | $49423341 | $71214221 |

---

The accompanying notes are an integral part of these financial statements.<br>E-53

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF CHANGES IN NET ASSETS — (Continued)**

**For the years ended December 31, 2022 and 2021**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTI JPMorgan** <br> **Global Active Allocation** <br> **Division** | **BHFTI JPMorgan** <br> **Global Active Allocation** <br> **Division** | **BHFTI** <br> **JPMorgan Small Cap Value** <br> **Division** | **BHFTI** <br> **JPMorgan Small Cap Value** <br> **Division** | **BHFTI Loomis Sayles** <br> **Global Allocation** <br> **Division** | **BHFTI Loomis Sayles** <br> **Global Allocation** <br> **Division** | **BHFTI**<br> **Loomis Sayles Growth** <br> **Division** | **BHFTI**<br> **Loomis Sayles Growth** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $7344239 | $(5668421) | $(63574) | $(58210) | $(1014366) | $(445227) | $(4538066) | $(5938681) |
| Net realized gains (losses) | 70703310 | 58370732 | 5403031 | 2193632 | 11174916 | 14338304 | 31509483 | 30392388 |
| Change in unrealized gains <br>(losses) on investments | (208762149) | 7598360 | (8055046) | 3164275 | (35255249) | (887597) | (161762515) | 52736767 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (130714600) | 60300671 | (2715589) | 5299697 | (25094699) | 13005480 | (134791098) | 77190474 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 1233243 | 307838 | 33491 | 39693 | 796247 | 1016041 | 3703055 | 4882603 |
| Net transfers (including fixed <br>account) | (4747060) | 8821451 | (471354) | (1854829) | 217103 | (586586) | 5025585 | (22812168) |
| Contract charges | (9696140) | (10296459) | (133022) | (128589) | (587114) | (597016) | (2269417) | (2357725) |
| Transfers for Contract benefits <br>and terminations | (67047132) | (101844532) | (1688533) | (3027241) | (8298381) | (12324900) | (36882765) | (62603735) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (80257089) | (103011702) | (2259418) | (4970966) | (7872145) | (12492461) | (30423542) | (82891025) |
| Net increase (decrease) <br>in net assets | (210971689) | (42711031) | (4975007) | 328731 | (32966844) | 513019 | (165214640) | (5700551) |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 727927972 | 770639003 | 19297008 | 18968277 | 105733405 | 105220386 | 480887272 | 486587823 |
| End of year | $516956283 | $727927972 | $14322001 | $19297008 | $72766561 | $105733405 | $315672632 | $480887272 |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-54

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTI MetLife** <br> **Multi-Index Targeted Risk** <br> **Division** | **BHFTI MetLife** <br> **Multi-Index Targeted Risk** <br> **Division** | **BHFTI** <br> **MFS<sup>®</sup> Research International**<br> **Division** | **BHFTI** <br> **MFS<sup>®</sup> Research International**<br> **Division** | **BHFTI Morgan Stanley** <br> **Discovery** <br> **Division** | **BHFTI Morgan Stanley** <br> **Discovery** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $3483223 | $4265916 | $917811 | $(368142) | $(4834919) | $(10899495) |
| Net realized gains (losses) | 48589087 | 42788345 | 9844167 | 12199333 | 103773262 | 484970902 |
| Change in unrealized gains <br>(losses) on investments | (216901342) | 17460716 | (41407002) | 5641144 | (554186540) | (566916409) |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (164829032) | 64514977 | (30645024) | 17472335 | (455248197) | (92845002) |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 1047801 | 421644 | 1650637 | 2186314 | 5502867 | 6512207 |
| Net transfers (including fixed <br>account) | (3027561) | (6552982) | (758521) | 938504 | 23963355 | (12261899) |
| Contract charges | (9990250) | (10819041) | (680762) | (680661) | (500754) | (670265) |
| Transfers for Contract benefits <br>and terminations | (67937518) | (104319553) | (13126004) | (23558147) | (30954365) | (91793548) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (79907528) | (121269932) | (12914650) | (21113990) | (1988897) | (98213505) |
| Net increase (decrease) <br>in net assets | (244736560) | (56754955) | (43559674) | (3641655) | (457237094) | (191058507) |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 774902087 | 831657042 | 168979566 | 172621221 | 729134205 | 920192712 |
| End of year | $530165527 | $774902087 | $125419892 | $168979566 | $271897111 | $729134205 |

---

The accompanying notes are an integral part of these financial statements.<br>E-55

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF CHANGES IN NET ASSETS — (Continued)**

**For the years ended December 31, 2022 and 2021**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTI PanAgora** <br> **Global Diversified Risk** <br> **Division** | **BHFTI PanAgora** <br> **Global Diversified Risk** <br> **Division** | **BHFTI PanAgora** <br> **Global Diversified Risk II** <br> **Division** | **BHFTI PanAgora** <br> **Global Diversified Risk II** <br> **Division** | **BHFTI PIMCO** <br> **Inflation Protected Bond** <br> **Division** | **BHFTI PIMCO** <br> **Inflation Protected Bond** <br> **Division** | **BHFTI PIMCO Total Return** <br> **Division** | **BHFTI PIMCO Total Return** <br> **Division** |
| | **2022** | **2021** | **2022 (a)** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $81124335 | $(1200967) | $(3277917) | $(11225421) | $14219866 | $(1745818) | $9399306 | $4113642 |
| Net realized gains (losses) | 35513148 | 8971073 | (184703326) | 14331632 | (2725684) | 922394 | (14391292) | 28978578 |
| Change in unrealized gains <br>(losses) on investments | (262518904) | (2924407) | 92471698 | 94475129 | (52041881) | 14552033 | (93582768) | (51522591) |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (145881421) | 4845699 | (95509545) | 97581340 | (40547699) | 13728609 | (98574754) | (18430371) |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 1494439 | 60442 | 631403 | 1098505 | 1786663 | 1933498 | 3653049 | 5104171 |
| Net transfers (including fixed <br>account) | 757159029 | 2553740 | (758710614) | (19024564) | (16046902) | 38760414 | (25028289) | 66366031 |
| Contract charges | (10759215) | (1382248) | (3585961) | (13964431) | (2627608) | (2458284) | (4422675) | (4298205) |
| Transfers for Contract benefits <br>and terminations | (51355939) | (10197798) | (29076117) | (108853659) | (29318065) | (45458686) | (57588489) | (96780080) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | 696538314 | (8965864) | (790741289) | (140744149) | (46205912) | (7223058) | (83386404) | (29608083) |
| Net increase (decrease) <br>in net assets | 550656893 | (4120165) | (886250834) | (43162809) | (86753611) | 6505551 | (181961158) | (48038454) |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 92948445 | 97068610 | 886250834 | 929413643 | 337008189 | 330502638 | 667326755 | 715365209 |
| End of year | $643605338 | $92948445 | $— | $886250834 | $250254578 | $337008189 | $485365597 | $667326755 |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-56

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTI** <br> **Schroders Global Multi-Asset** <br> **Division** | **BHFTI** <br> **Schroders Global Multi-Asset** <br> **Division** | **BHFTI SSGA** <br> **Growth and Income ETF** <br> **Division** | **BHFTI SSGA** <br> **Growth and Income ETF** <br> **Division** | **BHFTI SSGA Growth ETF** <br> **Division** | **BHFTI SSGA Growth ETF** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $849699 | $(6167603) | $9026497 | $3436931 | $1711328 | $291478 |
| Net realized gains (losses) | 30145125 | 14794627 | 80335921 | 44744928 | 18487806 | 10665951 |
| Change in unrealized gains <br>(losses) on investments | (164088196) | 56009498 | (187053193) | 24346137 | (42167385) | 9091896 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (133093372) | 64636522 | (97690775) | 72527996 | (21968251) | 20049325 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 857752 | 430517 | 1957039 | 2596062 | 1434366 | 1704952 |
| Net transfers (including fixed <br>account) | (4787708) | (17232768) | (4463329) | (13251391) | (627962) | (2725636) |
| Contract charges | (8420119) | (9192598) | (6120430) | (6592122) | (939723) | (919531) |
| Transfers for Contract benefits <br>and terminations | (57824524) | (92542113) | (56397003) | (83936543) | (9978952) | (15687006) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (70174599) | (118536962) | (65023723) | (101183994) | (10112271) | (17627221) |
| Net increase (decrease) <br>in net assets | (203267971) | (53900440) | (162714498) | (28655998) | (32080522) | 2422104 |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 649441142 | 703341582 | 616034159 | 644690157 | 133226796 | 130804692 |
| End of year | $446173171 | $649441142 | $453319661 | $616034159 | $101146274 | $133226796 |

---

The accompanying notes are an integral part of these financial statements.<br>E-57

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF CHANGES IN NET ASSETS — (Continued)**

**For the years ended December 31, 2022 and 2021**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTI** <br> **T. Rowe Price Large Cap Value** <br> **Division** | **BHFTI** <br> **T. Rowe Price Large Cap Value** <br> **Division** | **BHFTI** <br> **T. Rowe Price Mid Cap Growth** <br> **Division** | **BHFTI** <br> **T. Rowe Price Mid Cap Growth** <br> **Division** | **BHFTI TCW Core Fixed Income** <br> **Division** | **BHFTI TCW Core Fixed Income** <br> **Division** | **BHFTI** <br> **Victory Sycamore Mid Cap Value** <br> **Division** | **BHFTI** <br> **Victory Sycamore Mid Cap Value** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $4515 | $5259 | $(4691665) | $(6264927) | $(76) | $21 | $1704012 | $(275905) |
| Net realized gains (losses) | 93504 | 20521 | 65578444 | 63906402 | (1384) | 2486 | 52452175 | 27061856 |
| Change in unrealized gains <br>(losses) on investments | (150698) | 132856 | (175127634) | 7170398 | (3108) | (3857) | (69565738) | 74194902 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (52679) | 158636 | (114240855) | 64811873 | (4568) | (1350) | (15409551) | 100980853 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 2125 | 156 | 4931288 | 5963654 |  |  | 2543213 | 2987753 |
| Net transfers (including fixed <br>account) | 23342 | (58703) | (4947038) | (14014541) | (25305) |  | (14519291) | (15503799) |
| Contract charges | (22) | (25) | (1726852) | (1736980) |  |  | (1191135) | (1103413) |
| Transfers for Contract benefits <br>and terminations | (234377) | (54527) | (39186882) | (64376721) | (3) | (5816) | (34698701) | (44680247) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (208932) | (113099) | (40929484) | (74164588) | (25308) | (5816) | (47865914) | (58299706) |
| Net increase (decrease) <br>in net assets | (261611) | 45537 | (155170339) | (9352715) | (29876) | (7166) | (63275465) | 42681147 |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 731476 | 685939 | 496061829 | 505414544 | 45391 | 52557 | 394481911 | 351800764 |
| End of year | $469865 | $731476 | $340891490 | $496061829 | $15515 | $45391 | $331206446 | $394481911 |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-58

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTI Western Asset** <br> **Management Government Income** <br> **Division** | **BHFTI Western Asset** <br> **Management Government Income** <br> **Division** | **BHFTII** <br> **Baillie Gifford International Stock** <br> **Division** | **BHFTII** <br> **Baillie Gifford International Stock** <br> **Division** | **BHFTII** <br> **BlackRock Bond Income** <br> **Division** | **BHFTII** <br> **BlackRock Bond Income** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $2886459 | $3238557 | $(206864) | $(533904) | $4423827 | $5185469 |
| Net realized gains (losses) | (5806492) | 835475 | 6843249 | 18665643 | (6655792) | 7990201 |
| Change in unrealized gains <br>(losses) on investments | (46319709) | (16464114) | (43602877) | (20382097) | (50416643) | (20344177) |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (49239742) | (12390082) | (36966492) | (2250358) | (52648608) | (7168507) |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 1512122 | 601439 | 833886 | 1110698 | 2040246 | 2880538 |
| Net transfers (including fixed <br>account) | 16143275 | 19275312 | 2830334 | 5020923 | (15465982) | 27018606 |
| Contract charges | (5528089) | (5783050) | (296034) | (314880) | (1767624) | (1736205) |
| Transfers for Contract benefits <br>and terminations | (44795563) | (73928278) | (7544141) | (18307886) | (33563669) | (48749496) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (32668255) | (59834577) | (4175955) | (12491145) | (48757029) | (20586557) |
| Net increase (decrease) <br>in net assets | (81907997) | (72224659) | (41142447) | (14741503) | (101405637) | (27755064) |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 326125318 | 398349977 | 126145494 | 140886997 | 361431935 | 389186999 |
| End of year | $244217321 | $326125318 | $85003047 | $126145494 | $260026298 | $361431935 |

---

The accompanying notes are an integral part of these financial statements.<br>E-59

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF CHANGES IN NET ASSETS — (Continued)**

**For the years ended December 31, 2022 and 2021**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTII** <br> **BlackRock Capital Appreciation** <br> **Division** | **BHFTII** <br> **BlackRock Capital Appreciation** <br> **Division** | **BHFTII** <br> **BlackRock Ultra-Short Term Bond** <br> **Division** | **BHFTII** <br> **BlackRock Ultra-Short Term Bond** <br> **Division** | **BHFTII** <br> **Brighthouse Asset Allocation 20** <br> **Division** | **BHFTII** <br> **Brighthouse Asset Allocation 20** <br> **Division** | **BHFTII** <br> **Brighthouse Asset Allocation 40** <br> **Division** | **BHFTII** <br> **Brighthouse Asset Allocation 40** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $(2088937) | $(2969573) | $(469854) | $(512968) | $4327638 | $5128052 | $9110836 | $12134866 |
| Net realized gains (losses) | 45241170 | 47600377 | (97481) | (183551) | 3155287 | 5974185 | 29296004 | 40364512 |
| Change in unrealized gains <br>(losses) on investments | (131433385) | (2918447) | 510824 | (35833) | (44323416) | (3976725) | (156261680) | (1465683) |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (88281152) | 41712357 | (56511) | (732352) | (36840491) | 7125512 | (117854840) | 51033695 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 2660256 | 2634998 | 49856 | 187278 | 1411432 | 2323246 | 4901113 | 6408014 |
| Net transfers (including fixed <br>account) | 4260057 | (9323076) | 8869621 | 8146597 | (5520033) | 1654761 | (5880138) | (539635) |
| Contract charges | (866232) | (920884) | (399622) | (483053) | (2148442) | (2398710) | (6237625) | (6713631) |
| Transfers for Contract benefits <br>and terminations | (19193088) | (29244507) | (12039453) | (17191773) | (33823678) | (40023748) | (90370046) | (106445875) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (13139007) | (36853469) | (3519598) | (9340951) | (40080721) | (38444451) | (97586696) | (107291127) |
| Net increase (decrease) <br>in net assets | (101420159) | 4858888 | (3576109) | (10073303) | (76921212) | (31318939) | (215441536) | (56257432) |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 234988229 | 230129341 | 37400746 | 47474049 | 280143828 | 311462767 | 818808370 | 875065802 |
| End of year | $133568070 | $234988229 | $33824637 | $37400746 | $203222616 | $280143828 | $603366834 | $818808370 |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-60

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTII** <br> **Brighthouse Asset Allocation 60** <br> **Division** | **BHFTII** <br> **Brighthouse Asset Allocation 60** <br> **Division** | **BHFTII** <br> **Brighthouse Asset Allocation 80** <br> **Division** | **BHFTII** <br> **Brighthouse Asset Allocation 80** <br> **Division** | **BHFTII** <br> **Brighthouse/Artisan Mid Cap Value**<br> **Division** | **BHFTII** <br> **Brighthouse/Artisan Mid Cap Value**<br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $22498331 | $27440189 | $8222221 | $7900018 | $(724062) | $(814654) |
| Net realized gains (losses) | 177230204 | 223232028 | 133908816 | 156127480 | 27256287 | 11793499 |
| Change in unrealized gains <br>(losses) on investments | (677275685) | 35631578 | (467337958) | 57221877 | (52351710) | 31811752 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (477547150) | 286303795 | (325206921) | 221249375 | (25819485) | 42790597 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 21219775 | 24017175 | 19932328 | 21855608 | 1490121 | 1786243 |
| Net transfers (including fixed <br>account) | (36523771) | (19479129) | (16709141) | (20209478) | (5620339) | (4009993) |
| Contract charges | (23290818) | (24565931) | (10210899) | (10008728) | (442471) | (439528) |
| Transfers for Contract benefits <br>and terminations | (260944756) | (394308570) | (120391906) | (184195930) | (16347877) | (22579094) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (299539570) | (414336455) | (127379618) | (192558528) | (20920566) | (25242372) |
| Net increase (decrease) <br>in net assets | (777086720) | (128032660) | (452586539) | 28690847 | (46740051) | 17548225 |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 3004188035 | 3132220695 | 1751110118 | 1722419271 | 195847200 | 178298975 |
| End of year | $2227101315 | $3004188035 | $1298523579 | $1751110118 | $149107149 | $195847200 |

---

The accompanying notes are an integral part of these financial statements.<br>E-61

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF CHANGES IN NET ASSETS — (Continued)**

**For the years ended December 31, 2022 and 2021**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTII Brighthouse/Dimensional** <br> **International Small Company** <br> **Division** | **BHFTII Brighthouse/Dimensional** <br> **International Small Company** <br> **Division** | **BHFTII** <br> **Brighthouse/Wellington Balanced** <br> **Division** | **BHFTII** <br> **Brighthouse/Wellington Balanced** <br> **Division** | **BHFTII Brighthouse/Wellington** <br> **Core Equity Opportunities** <br> **Division** | **BHFTII Brighthouse/Wellington** <br> **Core Equity Opportunities** <br> **Division** | **BHFTII Frontier Mid Cap Growth** <br> **Division** | **BHFTII Frontier Mid Cap Growth** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $57479 | $18896 | $2274054 | $3467398 | $137916 | $4810 | $(5381697) | $(7278472) |
| Net realized gains (losses) | 376513 | 401971 | 70461907 | 67241789 | 90791540 | 43083841 | 125139654 | 101313064 |
| Change in unrealized gains <br>(losses) on investments | (1673161) | 421698 | (183736616) | 3157671 | (125499982) | 62915404 | (287193664) | (20345195) |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (1239169) | 842565 | (111000655) | 73866858 | (34570526) | 106004055 | (167435707) | 73689397 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 18664 | 17981 | 4638483 | 3657298 | 3609111 | 3785409 | 2476037 | 3062177 |
| Net transfers (including fixed <br>account) | (97363) | (344012) | (5261300) | (688417) | (23985142) | (17687364) | (768488) | (7644833) |
| Contract charges | (35419) | (36156) | (270256) | (261167) | (2090171) | (1932196) | (404741) | (429490) |
| Transfers for Contract benefits <br>and terminations | (550107) | (800128) | (56030805) | (57387398) | (44878048) | (62630915) | (35663993) | (54694118) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (664225) | (1162315) | (56923878) | (54679684) | (67344250) | (78465066) | (34361185) | (59706264) |
| Net increase (decrease) <br>in net assets | (1903394) | (319750) | (167924533) | 19187174 | (101914776) | 27538989 | (201796892) | 13983133 |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 6805165 | 7124915 | 629816680 | 610629506 | 531319660 | 503780671 | 586525681 | 572542548 |
| End of year | $4901771 | $6805165 | $461892147 | $629816680 | $429404884 | $531319660 | $384728789 | $586525681 |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-62

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTII Jennison Growth** <br> **Division** | **BHFTII Jennison Growth** <br> **Division** | **BHFTII** <br> **Loomis Sayles Small Cap Core** <br> **Division** | **BHFTII** <br> **Loomis Sayles Small Cap Core** <br> **Division** | **BHFTII** <br> **Loomis Sayles Small Cap Growth** <br> **Division** | **BHFTII** <br> **Loomis Sayles Small Cap Growth** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $(2479114) | $(3646712) | $(1657599) | $(2015622) | $(602867) | $(825599) |
| Net realized gains (losses) | 39508710 | 79474867 | 25489220 | 15924465 | 9613362 | 8557077 |
| Change in unrealized gains <br>(losses) on investments | (148912363) | (33158872) | (50186259) | 16360102 | (24490709) | (2231635) |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (111882767) | 42669283 | (26354638) | 30268945 | (15480214) | 5499843 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 3065477 | 4519138 | 1122150 | 1419043 | 705333 | 941910 |
| Net transfers (including fixed <br>account) | 2625142 | (7796037) | (2918937) | (5129618) | (1193603) | (980429) |
| Contract charges | (1010167) | (1097276) | (525752) | (525508) | (123546) | (128386) |
| Transfers for Contract benefits <br>and terminations | (19291717) | (40372362) | (12290350) | (18869881) | (4415247) | (6393426) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (14611265) | (44746537) | (14612889) | (23105964) | (5027063) | (6560331) |
| Net increase (decrease) <br>in net assets | (126494032) | (2077254) | (40967527) | 7162981 | (20507277) | (1060488) |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 287427814 | 289505068 | 163685620 | 156522639 | 64952389 | 66012877 |
| End of year | $160933782 | $287427814 | $122718093 | $163685620 | $44445112 | $64952389 |

---

The accompanying notes are an integral part of these financial statements.<br>E-63

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF CHANGES IN NET ASSETS — (Continued)**

**For the years ended December 31, 2022 and 2021**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTII** <br> **MetLife Aggregate Bond Index** <br> **Division** | **BHFTII** <br> **MetLife Aggregate Bond Index** <br> **Division** | **BHFTII** <br> **MetLife Mid Cap Stock Index** <br> **Division** | **BHFTII** <br> **MetLife Mid Cap Stock Index** <br> **Division** | **BHFTII** <br> **MetLife MSCI EAFE<sup>®</sup> Index** <br> **Division** | **BHFTII** <br> **MetLife MSCI EAFE<sup>®</sup> Index** <br> **Division** | **BHFTII** <br> **MetLife Russell 2000<sup>®</sup> Index** <br> **Division** | **BHFTII** <br> **MetLife Russell 2000<sup>®</sup> Index** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $10616892 | $10694815 | $(1325666) | $(1564918) | $8902140 | $1850123 | $(940563) | $(1281754) |
| Net realized gains (losses) | (14925031) | 748264 | 80111431 | 52628980 | 15048409 | 13841508 | 53882159 | 38953958 |
| Change in unrealized gains <br>(losses) on investments | (121435937) | (43389208) | (154398345) | 57382024 | (94659842) | 25722402 | (127048458) | 6739194 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (125744076) | (31946129) | (75612580) | 108446086 | (70709293) | 41414033 | (74106862) | 44411398 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 7888895 | 10140944 | 6145922 | 7535921 | 5830707 | 7477049 | 4550050 | 5235786 |
| Net transfers (including fixed <br>account) | (16810004) | 105505716 | (10922497) | (29168370) | (1332863) | 1066646 | 2987705 | (3976590) |
| Contract charges | (4888229) | (4959053) | (1569418) | (1546034) | (1590984) | (1609261) | (820550) | (825235) |
| Transfers for Contract benefits <br>and terminations | (83183336) | (117708457) | (42517390) | (56960322) | (35677519) | (50077959) | (27026261) | (37637134) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (96992674) | (7020850) | (48863383) | (80138805) | (32770659) | (43143525) | (20309056) | (37203173) |
| Net increase (decrease) <br>in net assets | (222736750) | (38966979) | (124475963) | 28307281 | (103479952) | (1729492) | (94415918) | 7208225 |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 910569466 | 949536445 | 534359988 | 506052707 | 465174812 | 466904304 | 353923752 | 346715527 |
| End of year | $687832716 | $910569466 | $409884025 | $534359988 | $361694860 | $465174812 | $259507834 | $353923752 |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-64

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTII MetLife Stock Index** <br> **Division** | **BHFTII MetLife Stock Index** <br> **Division** | **BHFTII MFS<sup>®</sup> Total Return** <br> **Division** | **BHFTII MFS<sup>®</sup> Total Return** <br> **Division** | **BHFTII MFS<sup>®</sup> Value** <br> **Division** | **BHFTII MFS<sup>®</sup> Value** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $(1001672) | $7253593 | $463235 | $639680 | $1529535 | $1014446 |
| Net realized gains (losses) | 368865945 | 418844705 | 10692341 | 9881590 | 88372761 | 24886449 |
| Change in unrealized gains <br>(losses) on investments | (1025461315) | 364436767 | (24062207) | 3825226 | (139181242) | 114170286 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (657597042) | 790535065 | (12906631) | 14346496 | (49278946) | 140071181 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 26453222 | 32238629 | 1081424 | 1562824 | 5237628 | 6404512 |
| Net transfers (including fixed <br>account) | (10214846) | (129714180) | (2047218) | 196331 | (24059343) | (23267172) |
| Contract charges | (5998355) | (5978396) | (330335) | (324689) | (2503331) | (2373898) |
| Transfers for Contract benefits <br>and terminations | (273143614) | (346797597) | (10349990) | (12544971) | (56677504) | (84640456) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (262903593) | (450251544) | (11646119) | (11110505) | (78002550) | (103877014) |
| Net increase (decrease) <br>in net assets | (920500635) | 340283521 | (24552750) | 3235991 | (127281496) | 36194167 |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 3495089897 | 3154806376 | 120981417 | 117745426 | 663945304 | 627751137 |
| End of year | $2574589262 | $3495089897 | $96428667 | $120981417 | $536663808 | $663945304 |

---

The accompanying notes are an integral part of these financial statements.<br>E-65

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF CHANGES IN NET ASSETS — (Continued)**

**For the years ended December 31, 2022 and 2021**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTII Neuberger Berman Genesis** <br> **Division** | **BHFTII Neuberger Berman Genesis** <br> **Division** | **BHFTII** <br> **T. Rowe Price Large Cap Growth** <br> **Division** | **BHFTII** <br> **T. Rowe Price Large Cap Growth** <br> **Division** | **BHFTII** <br> **T. Rowe Price Small Cap Growth** <br> **Division** | **BHFTII** <br> **T. Rowe Price Small Cap Growth** <br> **Division** | **BHFTII** <br> **VanEck Global Natural Resources** <br> **Division** | **BHFTII** <br> **VanEck Global Natural Resources** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $(3183977) | $(3895161) | $(6508469) | $(9600807) | $(4090374) | $(5920609) | $250349 | $(62053) |
| Net realized gains (losses) | 47688295 | 36281408 | 105480484 | 123853136 | 68811077 | 73355014 | 2265652 | 1214701 |
| Change in unrealized gains <br>(losses) on investments | (108443402) | 17247271 | (410062813) | 17425080 | (173452439) | (19755734) | (322128) | 3395487 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (63939084) | 49633518 | (311090798) | 131677409 | (108731736) | 47678671 | 2193873 | 4548135 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 2099803 | 2857483 | 7768930 | 9328336 | 5122152 | 6137316 | 29282 | 35666 |
| Net transfers (including fixed <br>account) | (3480805) | (6454892) | 14209409 | (13345751) | (9610841) | (14957233) | (5709799) | (4242840) |
| Contract charges | (523490) | (511813) | (1782207) | (1860133) | (966800) | (952505) | (292106) | (276869) |
| Transfers for Contract benefits <br>and terminations | (23058877) | (36178934) | (54706542) | (94756093) | (33974474) | (52482546) | (1890793) | (3574437) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (24963369) | (40288156) | (34510410) | (100633641) | (39429963) | (62254968) | (7863416) | (8058480) |
| Net increase (decrease) <br>in net assets | (88902453) | 9345362 | (345601208) | 31043768 | (148161699) | (14576297) | (5669543) | (3510345) |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 320936546 | 311591184 | 769206460 | 738162692 | 476701925 | 491278222 | 24223570 | 27733915 |
| End of year | $232034093 | $320936546 | $423605252 | $769206460 | $328540226 | $476701925 | $18554027 | $24223570 |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-66

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTII Western Asset Management** <br> **Strategic Bond Opportunities** <br> **Division** | **BHFTII Western Asset Management** <br> **Strategic Bond Opportunities** <br> **Division** | **BHFTII Western Asset** <br> **Management U.S. Government** <br> **Division** | **BHFTII Western Asset** <br> **Management U.S. Government** <br> **Division** | **BlackRock Global Allocation V.I.** <br> **Division** | **BlackRock Global Allocation V.I.** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $14356997 | $9333316 | $884444 | $1661587 | $(228) | $(302) |
| Net realized gains (losses) | (4688501) | 2546268 | (2682679) | (400867) | 37 | 16912 |
| Change in unrealized gains <br>(losses) on investments | (74860603) | (6497701) | (10133724) | (5249706) | (3238) | (12508) |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (65192107) | 5381883 | (11931959) | (3988986) | (3429) | 4102 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 2622913 | 3315926 | 898785 | 1170573 |  |  |
| Net transfers (including fixed <br>account) | (10110389) | 16197583 | (2753538) | 8606612 | 404 | 1303 |
| Contract charges | (1354513) | (1371525) | (640426) | (651891) | (3) | (3) |
| Transfers for Contract benefits <br>and terminations | (34367026) | (50637237) | (14669284) | (20582596) | (806) | (103497) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (43209015) | (32495253) | (17164463) | (11457302) | (405) | (102197) |
| Net increase (decrease) <br>in net assets | (108401122) | (27113370) | (29096422) | (15446288) | (3834) | (98095) |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 381592675 | 408706045 | 123805731 | 139252019 | 20050 | 118145 |
| End of year | $273191553 | $381592675 | $94709309 | $123805731 | $16216 | $20050 |

---

The accompanying notes are an integral part of these financial statements.<br>E-67

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF CHANGES IN NET ASSETS — (Continued)**

**For the years ended December 31, 2022 and 2021**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Calvert VP SRI Balanced** <br> **Division** | **Calvert VP SRI Balanced** <br> **Division** | **Calvert VP SRI Mid Cap** <br> **Division** | **Calvert VP SRI Mid Cap** <br> **Division** | **Delaware VIP<sup>®</sup> Small Cap Value** <br> **Division** | **Delaware VIP<sup>®</sup> Small Cap Value** <br> **Division** | **Fidelity<sup>®</sup> VIP Contrafund<sup>®</sup>** <br> **Division** | **Fidelity<sup>®</sup> VIP Contrafund<sup>®</sup>** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $1536 | $(8235) | $(59861) | $(58733) | $2 | $2 | $(4987) | $(8457) |
| Net realized gains (losses) | 5627343 | 3464445 | 1334496 | 481399 | 57 | 2 | 50253 | 163942 |
| Change in unrealized gains <br>(losses) on investments | (15121643) | 4039572 | (2829543) | 587387 | (173) | 225 | (306102) | 65649 |
| Net increase (decrease)<br>in net assets resulting <br>from operations | (9492764) | 7495782 | (1554908) | 1010053 | (114) | 229 | (260836) | 221134 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 933619 | 1018177 | 205141 | 144284 |  |  | 8556 | 8595 |
| Net transfers (including fixed <br>account) | (251332) | 1586172 | 15052 | (221370) |  |  | 1869 | (2675) |
| Contract charges | (25204) | (21457) | (417) | (419) |  |  | (9) | (12) |
| Transfers for Contract benefits <br>and terminations | (5538901) | (6457466) | (590371) | (635817) | (2) | (4) | (56818) | (105428) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (4881818) | (3874574) | (370595) | (713322) | (2) | (4) | (46402) | (99520) |
| Net increase (decrease) <br>in net assets | (14374582) | 3621208 | (1925503) | 296731 | (116) | 225 | (307238) | 121614 |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 59231523 | 55610315 | 7860497 | 7563766 | 902 | 677 | 981724 | 860110 |
| End of year | $44856941 | $59231523 | $5934994 | $7860497 | $786 | $902 | $674486 | $981724 |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-68

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **Fidelity<sup>®</sup> VIP Equity-Income** <br> **Division** | **Fidelity<sup>®</sup> VIP Equity-Income** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2020** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2020** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2025** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2025** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $564515 | $607385 | $36978 | $(6452) | $50187 | $(15836) |
| Net realized gains (losses) | 2748595 | 8885134 | 289146 | 422551 | 307353 | 636869 |
| Change in unrealized gains <br>(losses) on investments | (7606471) | 5092373 | (1076717) | (89647) | (1794862) | 87169 |
| Net increase (decrease)<br>in net assets resulting <br>from operations | (4293361) | 14584892 | (750593) | 326452 | (1437322) | 708202 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 850856 | 485055 | 193856 | 210038 | 508715 | 442431 |
| Net transfers (including fixed <br>account) | 93291 | (160963) | 382938 | 968447 | 420992 | 2153416 |
| Contract charges | (7210) | (7082) | (80) | (42) | (13031) | (11259) |
| Transfers for Contract benefits <br>and terminations | (5750561) | (5763651) | (243735) | (1477095) | (1387740) | (2138920) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (4813624) | (5446641) | 332979 | (298652) | (471064) | 445668 |
| Net increase (decrease) <br>in net assets | (9106985) | 9138251 | (417614) | 27800 | (1908386) | 1153870 |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 72640456 | 63502205 | 4368234 | 4340434 | 8278233 | 7124363 |
| End of year | $63533471 | $72640456 | $3950620 | $4368234 | $6369847 | $8278233 |

---

The accompanying notes are an integral part of these financial statements.<br>E-69

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF CHANGES IN NET ASSETS — (Continued)**

**For the years ended December 31, 2022 and 2021**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Fidelity<sup>®</sup> VIP Freedom 2030** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2030** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2035** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2035** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2040** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2040** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2045** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2045** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $54269 | $(4499) | $24625 | $(1539) | $14625 | $(2682) | $14428 | $(6305) |
| Net realized gains (losses) | 551673 | 652821 | 284678 | 220567 | 214198 | 274072 | 230556 | 116866 |
| Change in unrealized gains <br>(losses) on investments | (2030431) | 111660 | (1328398) | 169661 | (862904) | 33778 | (873801) | 238268 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (1424489) | 759982 | (1019095) | 388689 | (634081) | 305168 | (628817) | 348829 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 1405995 | 1123441 | 1231862 | 936464 | 1081881 | 906770 | 1019287 | 893515 |
| Net transfers (including fixed <br>account) | (257135) | 2168435 | 1024697 | 1545725 | 311271 | 721359 | 222128 | 89964 |
| Contract charges | (3493) | (2109) | (3328) | (2070) | (4321) | (1109) | (2742) | (1255) |
| Transfers for Contract benefits <br>and terminations | (1940067) | (1643388) | (583960) | (218815) | (293787) | (806167) | (126178) | (132421) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (794700) | 1646379 | 1669271 | 2261304 | 1095044 | 820853 | 1112495 | 849803 |
| Net increase (decrease) <br>in net assets | (2219189) | 2406361 | 650176 | 2649993 | 460963 | 1126021 | 483678 | 1198632 |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 8836620 | 6430259 | 4718083 | 2068090 | 3038775 | 1912754 | 3065206 | 1866574 |
| End of year | $6617431 | $8836620 | $5368259 | $4718083 | $3499738 | $3038775 | $3548884 | $3065206 |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-70

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **Fidelity<sup>®</sup> VIP Freedom 2050** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2050** <br> **Division** | **Fidelity<sup>®</sup> VIP FundsManager 50%** <br> **Division** | **Fidelity<sup>®</sup> VIP FundsManager 50%** <br> **Division** | **Fidelity<sup>®</sup> VIP FundsManager 60%**<br> **Division** | **Fidelity<sup>®</sup> VIP FundsManager 60%**<br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $31388 | $(11935) | $(32744) | $(2050939) | $(422482) | $(2131149) |
| Net realized gains (losses) | 451998 | 395551 | 33617724 | 8684226 | 33112296 | 8802833 |
| Change in unrealized gains <br>(losses) on investments | (1917851) | 383767 | (70489715) | 11880662 | (71591728) | 17165175 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (1434465) | 767383 | (36904735) | 18513949 | (38901914) | 23836859 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 3038735 | 2225763 | 345055 | 615165 | 1324647 | 2401655 |
| Net transfers (including fixed <br>account) | 114006 | 566509 |  |  |  |  |
| Contract charges | (8428) | (5058) |  |  |  |  |
| Transfers for Contract benefits <br>and terminations | (672674) | (881313) | (18927493) | (25730530) | (28944025) | (27247172) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | 2471639 | 1905901 | (18582438) | (25115365) | (27619378) | (24845517) |
| Net increase (decrease) <br>in net assets | 1037174 | 2673284 | (55487173) | (6601416) | (66521292) | (1008658) |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 6746794 | 4073510 | 240652047 | 247253463 | 241915885 | 242924543 |
| End of year | $7783968 | $6746794 | $185164874 | $240652047 | $175394593 | $241915885 |

---

The accompanying notes are an integral part of these financial statements.<br>E-71

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF CHANGES IN NET ASSETS — (Continued)**

**For the years ended December 31, 2022 and 2021**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Fidelity<sup>®</sup> VIP** <br> **Government Money Market** <br> **Division** | **Fidelity<sup>®</sup> VIP** <br> **Government Money Market** <br> **Division** | **Fidelity<sup>®</sup> VIP Growth** <br> **Division** | **Fidelity<sup>®</sup> VIP Growth** <br> **Division** | **Fidelity<sup>®</sup> VIP Investment Grade Bond** <br> **Division** | **Fidelity<sup>®</sup> VIP Investment Grade Bond** <br> **Division** | **Fidelity<sup>®</sup> VIP Mid Cap** <br> **Division** | **Fidelity<sup>®</sup> VIP Mid Cap** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $20184 | $(50148) | $(365580) | $(1270908) | $93427 | $98610 | $(2877) | $(2846) |
| Net realized gains (losses) |  |  | 10576735 | 33624596 | 277744 | 307332 | 32812 | 99918 |
| Change in unrealized gains <br>(losses) on investments |  |  | (45048536) | (5741106) | (1575490) | (553430) | (114450) | 15549 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | 20184 | (50148) | (34837381) | 26612582 | (1204319) | (147488) | (84515) | 112621 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners | 222688 | 232460 | 803006 | 675406 | 203392 | 230622 | 428 | 375 |
| Net transfers (including fixed <br>account) | 649611 | (385828) | (512831) | (716968) | (253885) | 276942 | 512 | (7094) |
| Contract charges |  |  | (835) | (862) | (2476) | (2359) |  |  |
| Transfers for Contract benefits <br>and terminations | (1737567) | (811884) | (9348245) | (10810223) | (581711) | (973171) | (30391) | (41855) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (865268) | (965252) | (9058905) | (10852647) | (634680) | (467966) | (29451) | (48574) |
| Net increase (decrease) <br>in net assets | (845084) | (1015400) | (43896286) | 15759935 | (1838999) | (615454) | (113966) | 64047 |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 4949044 | 5964444 | 140954875 | 125194940 | 8929968 | 9545422 | 545739 | 481692 |
| End of year | $4103960 | $4949044 | $97058589 | $140954875 | $7090969 | $8929968 | $431773 | $545739 |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-72

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **FTVIPT Templeton** <br> **Developing Markets VIP** <br> **Division** | **FTVIPT Templeton** <br> **Developing Markets VIP** <br> **Division** | **FTVIPT Templeton Foreign VIP** <br> **Division** | **FTVIPT Templeton Foreign VIP** <br> **Division** | **Janus Henderson Enterprise**<br> **Division** | **Janus Henderson Enterprise**<br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $698 | $(12) | $13 | $3 | $(837) | $(1024) |
| Net realized gains (losses) | 2404 | 1939 |  |  | 20826 | 23053 |
| Change in unrealized gains <br>(losses) on investments | (14732) | (5328) | (31) | (19) | (44968) | 349 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (11630) | (3401) | (18) | (16) | (24979) | 22378 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners |  |  | 570 | 500 |  | 55 |
| Net transfers (including fixed <br>account) |  |  |  |  | (1643) | (1077) |
| Contract charges |  |  |  |  |  |  |
| Transfers for Contract benefits <br>and terminations | (5632) | (1790) | (1) | (2) | (66974) | (25510) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (5632) | (1790) | 569 | 498 | (68617) | (26532) |
| Net increase (decrease) <br>in net assets | (17262) | (5191) | 551 | 482 | (93596) | (4154) |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 49747 | 54938 | 482 |  | 153237 | 157391 |
| End of year | $32485 | $49747 | $1033 | $482 | $59641 | $153237 |

---

The accompanying notes are an integral part of these financial statements.<br>E-73

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF CHANGES IN NET ASSETS — (Continued)**

**For the years ended December 31, 2022 and 2021**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **LMPVET** <br> **ClearBridge Variable Appreciation** <br> **Division** | **LMPVET** <br> **ClearBridge Variable Appreciation** <br> **Division** | **LMPVET ClearBridge** <br> **Variable Dividend Strategy** <br> **Division** | **LMPVET ClearBridge** <br> **Variable Dividend Strategy** <br> **Division** | **LMPVET ClearBridge** <br> **Variable Large Cap Growth** <br> **Division** | **LMPVET ClearBridge** <br> **Variable Large Cap Growth** <br> **Division** | **LMPVET ClearBridge** <br> **Variable Small Cap Growth** <br> **Division** | **LMPVET ClearBridge** <br> **Variable Small Cap Growth** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $85 | $(147) | $391 | $586 | $(3923) | $(4944) | $(394) | $(558) |
| Net realized gains (losses) | 3140 | 3751 | 10751 | 9872 | 33405 | 64525 | (1627) | 12212 |
| Change in unrealized gains <br>(losses) on investments | (11113) | 7560 | (20049) | 11694 | (215618) | 40824 | (16333) | (4841) |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (7888) | 11164 | (8907) | 22152 | (186136) | 100405 | (18354) | 6813 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners |  | 22 |  |  | 13849 | 13458 | 3573 | 3593 |
| Net transfers (including fixed <br>account) | (1841) | (168) | (12163) | (4502) | 20285 | (18467) | 7425 | (330) |
| Contract charges |  |  |  |  | (10) | (10) | (4) | (4) |
| Transfers for Contract benefits <br>and terminations | (3) | (3939) | (1172) | (3) | (83146) | (47080) | (24725) | (10317) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (1844) | (4085) | (13335) | (4505) | (49022) | (52099) | (13731) | (7058) |
| Net increase (decrease) <br>in net assets | (9732) | 7079 | (22242) | 17647 | (235158) | 48306 | (32085) | (245) |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 60139 | 53060 | 103656 | 86009 | 555917 | 507611 | 61501 | 61746 |
| End of year | $50407 | $60139 | $81414 | $103656 | $320759 | $555917 | $29416 | $61501 |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-74

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **LMPVIT Western Asset Core Plus** <br> **Division** | **LMPVIT Western Asset Core Plus** <br> **Division** | **Morgan Stanley** <br> **VIF Global Infrastructure** <br> **Division** | **Morgan Stanley** <br> **VIF Global Infrastructure** <br> **Division** | **PIMCO VIT**<br> **CommodityRealReturn<sup>®</sup> Strategy**<br> **Division** | **PIMCO VIT**<br> **CommodityRealReturn<sup>®</sup> Strategy**<br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $6 | $(250) | $811 | $641 | $14110 | $980 |
| Net realized gains (losses) | (1) | 1615 | 3289 | 3123 | 366 | (87) |
| Change in unrealized gains <br>(losses) on investments | (78) | (2362) | (10020) | 4095 | (18725) | 9269 |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (73) | (997) | (5920) | 7859 | (4249) | 10162 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners |  |  | 573 | 621 | 83 | 83 |
| Net transfers (including fixed <br>account) |  | (35608) | (4688) | 6476 | 53124 | (2080) |
| Contract charges |  |  | (21) | (19) | (11) | (8) |
| Transfers for Contract benefits <br>and terminations | (2) | (1126) | (177) | (9942) | (2765) | (3587) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (2) | (36734) | (4313) | (2864) | 50431 | (5592) |
| Net increase (decrease) <br>in net assets | (75) | (37731) | (10233) | 4995 | 46182 | 4570 |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 414 | 38145 | 65736 | 60741 | 38881 | 34311 |
| End of year | $339 | $414 | $55503 | $65736 | $85063 | $38881 |

---

The accompanying notes are an integral part of these financial statements.<br>E-75

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>STATEMENTS OF CHANGES IN NET ASSETS — (Concluded)**

**For the years ended December 31, 2022 and 2021**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **PIMCO VIT Dynamic Bond** <br> **Division** | **PIMCO VIT Dynamic Bond** <br> **Division** | **PIMCO VIT** <br> **Emerging Markets Bond** <br> **Division** | **PIMCO VIT** <br> **Emerging Markets Bond** <br> **Division** | **TAP 1919 Variable** <br> **Socially Responsive Balanced** <br> **Division** | **TAP 1919 Variable** <br> **Socially Responsive Balanced** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** | **Increase (Decrease) in Net Assets:** |
| **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** | **From Operations:** |
| Net investment income (loss) | $84 | $140 | $753 | $1165 | $(16) | $(90) |
| Net realized gains (losses) | 949 | 1071 | (2995) | 283 | 432 | 6298 |
| Change in unrealized gains <br>(losses) on investments | (2471) | (1103) | (3292) | (3306) | (2670) | (4873) |
| Net increase (decrease) <br>in net assets resulting <br>from operations | (1438) | 108 | (5534) | (1858) | (2254) | 1335 |
| **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** | **Contract Transactions:** |
| Purchase payments received <br>from Contract owners |  |  |  |  |  |  |
| Net transfers (including fixed <br>account) | (1432) | 607 | (11700) | 1846 |  |  |
| Contract charges | (6) | (6) | (9) | (10) |  |  |
| Transfers for Contract benefits <br>and terminations | (5750) | (16977) | (6936) | (8754) | (2) | (28048) |
| Net increase (decrease) in <br>net assets resulting from <br>Contract transactions | (7188) | (16376) | (18645) | (6918) | (2) | (28048) |
| Net increase (decrease) <br>in net assets | (8626) | (16268) | (24179) | (8776) | (2256) | (26713) |
| **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** | **Net Assets:** |
| Beginning of year | 20565 | 36833 | 40608 | 49384 | 10423 | 37136 |
| End of year | $11939 | $20565 | $16429 | $40608 | $8167 | $10423 |

---

(a) For the period January 1, 2022 to April 29, 2022.

The accompanying notes are an integral part of these financial statements.<br>E-76

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS**

**1. ORGANIZATION**

Metropolitan Life Separate Account E (the "Separate Account"), a separate account of Metropolitan Life Insurance Company (the "Company"), was established by the Company's Board of Directors on September 27, 1983 to support operations of the Company with respect to certain variable annuity contracts (the "Contracts"). The Company is a direct wholly-owned subsidiary of MetLife, Inc., a Delaware corporation. The Separate Account is registered as a unit investment trust under the Investment Company Act of 1940, as amended, and is subject to the rules and regulations of the United States Securities and Exchange Commission, as well as the New York State Department of Financial Services.

The Separate Account is divided into Divisions, each of which is treated as an individual accounting entity for financial reporting purposes. Each Division invests in shares of the corresponding fund, series or portfolio (with the same name) of registered investment management companies (the "Trusts"), which are presented below:

American Funds Insurance Series<sup>®</sup> ("American Funds")

BlackRock Variable Series Funds, Inc. ("BlackRock")

Brighthouse Funds Trust I ("BHFTI")

Brighthouse Funds Trust II ("BHFTII")

Calvert Variable Series, Inc. ("Calvert")

Delaware VIP Trust ("Delaware VIP")

Fidelity<sup>®</sup> Variable Insurance Products ("Fidelity VIP")

Franklin Templeton Variable Insurance Products Trust ("FTVIPT")

Janus Aspen Series ("Janus Aspen")

Legg Mason Partners Variable Equity Trust ("LMPVET")

Legg Mason Partners Variable Income Trust ("LMPVIT")

Morgan Stanley Variable Insurance Fund, Inc. ("Morgan Stanley VIF")

PIMCO Variable Insurance Trust ("PIMCO VIT")

Trust for Advised Portfolios ("TAP")

The assets of each of the Divisions of the Separate Account are registered in the name of the Company. Under applicable insurance law, the assets and liabilities of the Separate Account are clearly identified and distinguished from the Company's other assets and liabilities. The portion of the Separate Account's assets applicable to the Contracts cannot be used for liabilities arising out of any other business conducted by the Company.

**2. LIST OF DIVISIONS**

**A.** Purchase payments, less any applicable charges, applied to the Separate Account are invested in one or more Divisions in accordance with the selection made by the Contract owner. The following Divisions had net assets as of or during the year ended December 31, 2022:

American Funds<sup>®</sup> Global Growth Division

American Funds<sup>®</sup> Global Small Capitalization Division (a)

American Funds<sup>®</sup> Growth Division

American Funds<sup>®</sup> Growth-Income Division

American Funds<sup>®</sup> The Bond Fund of America Division

BHFTI AB Global Dynamic Allocation Division

BHFTI Allspring Mid Cap Value Division

BHFTI American Funds<sup>®</sup> Balanced Allocation Division (a)

BHFTI American Funds<sup>®</sup> Growth Allocation Division (a)

BHFTI American Funds<sup>®</sup> Growth Division

BHFTI American Funds<sup>®</sup> Moderate Allocation Division (a)

BHFTI BlackRock Global Tactical Strategies Division

BHFTI BlackRock High Yield Division (a)

BHFTI Brighthouse Asset Allocation 100 Division (a)

BHFTI Brighthouse Balanced Plus Division

BHFTI Brighthouse Small Cap Value Division

BHFTI Brighthouse/abrdn Emerging Markets Equity Division (a)

BHFTI Brighthouse/Eaton Vance Floating Rate Division

BHFTI Brighthouse/Franklin Low Duration Total Return Division

BHFTI Brighthouse/Templeton International Bond Division

BHFTI Brighthouse/Wellington Large Cap Research Division (a)

BHFTI CBRE Global Real Estate Division (a)

BHFTI Harris Oakmark International Division (a)

BHFTI Invesco Balanced-Risk Allocation Division

BHFTI Invesco Comstock Division

BHFTI Invesco Global Equity Division (a)

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**2. LIST OF DIVISIONS — (Continued)**

BHFTI Invesco Small Cap Growth Division (a)

BHFTI JPMorgan Core Bond Division

BHFTI JPMorgan Global Active Allocation Division

BHFTI JPMorgan Small Cap Value Division (a)

BHFTI Loomis Sayles Global Allocation Division

BHFTI Loomis Sayles Growth Division (a)

BHFTI MetLife Multi-Index Targeted Risk Division

BHFTI MFS<sup>®</sup> Research International Division (a)

BHFTI Morgan Stanley Discovery Division (a)

BHFTI PanAgora Global Diversified Risk Division

BHFTI PIMCO Inflation Protected Bond Division (a)

BHFTI PIMCO Total Return Division (a)

BHFTI Schroders Global Multi-Asset Division

BHFTI SSGA Growth and Income ETF Division (a)

BHFTI SSGA Growth ETF Division (a)

BHFTI T. Rowe Price Large Cap Value Division

BHFTI T. Rowe Price Mid Cap Growth Division (a)

BHFTI TCW Core Fixed Income Division

BHFTI Victory Sycamore Mid Cap Value Division (a)

BHFTI Western Asset Management Government Income Division

BHFTII Baillie Gifford International Stock Division (a)

BHFTII BlackRock Bond Income Division (a)

BHFTII BlackRock Capital Appreciation Division (a)

BHFTII BlackRock Ultra-Short Term Bond Division (a)

BHFTII Brighthouse Asset Allocation 20 Division (a)

BHFTII Brighthouse Asset Allocation 40 Division (a)

BHFTII Brighthouse Asset Allocation 60 Division (a)

BHFTII Brighthouse Asset Allocation 80 Division (a)

BHFTII Brighthouse/Artisan Mid Cap Value Division (a)

BHFTII Brighthouse/Dimensional International Small Company Division

BHFTII Brighthouse/Wellington Balanced Division (a)

BHFTII Brighthouse/Wellington Core Equity Opportunities Division (a)

BHFTII Frontier Mid Cap Growth Division (a)

BHFTII Jennison Growth Division (a)

BHFTII Loomis Sayles Small Cap Core Division (a)

BHFTII Loomis Sayles Small Cap Growth Division (a)

BHFTII MetLife Aggregate Bond Index Division (a)

BHFTII MetLife Mid Cap Stock Index Division (a)

BHFTII MetLife MSCI EAFE<sup>®</sup> Index Division (a)

BHFTII MetLife Russell 2000<sup>®</sup> Index Division (a)

BHFTII MetLife Stock Index Division (a)

BHFTII MFS<sup>®</sup> Total Return Division (a)

BHFTII MFS<sup>®</sup> Value Division (a)

BHFTII Neuberger Berman Genesis Division (a)

BHFTII T. Rowe Price Large Cap Growth Division (a)

BHFTII T. Rowe Price Small Cap Growth Division (a)

BHFTII Van Eck Global Natural Resources Division

BHFTII Western Asset Management Strategic Bond Opportunities Division (a)

BHFTII Western Asset Management U.S. Government Division (a)

BlackRock Global Allocation V.I. Division

Calvert VP SRI Balanced Division

Calvert VP SRI Mid Cap Division

Delaware VIP<sup>®</sup> Small Cap Value Division

Fidelity<sup>®</sup> VIP Contrafund<sup>®</sup> Division

Fidelity<sup>®</sup> VIP Equity-Income Division

Fidelity<sup>®</sup> VIP Freedom 2020 Division

Fidelity<sup>®</sup> VIP Freedom 2025 Division

Fidelity<sup>®</sup> VIP Freedom 2030 Division

Fidelity<sup>®</sup> VIP Freedom 2035 Division

Fidelity<sup>®</sup> VIP Freedom 2040 Division

Fidelity<sup>®</sup> VIP Freedom 2045 Division

Fidelity<sup>®</sup> VIP Freedom 2050 Division

Fidelity<sup>®</sup> VIP FundsManager 50% Division

Fidelity<sup>®</sup> VIP FundsManager 60% Division

Fidelity<sup>®</sup> VIP Government Money Market Division

Fidelity<sup>®</sup> VIP Growth Division

Fidelity<sup>®</sup> VIP Investment Grade Bond Division

Fidelity<sup>®</sup> VIP Mid Cap Division

FTVIPT Templeton Developing Markets VIP Division

FTVIPT Templeton Foreign VIP Division

Janus Henderson Enterprise Division

LMPVET ClearBridge Variable Appreciation Division

LMPVET ClearBridge Variable Dividend Strategy Division

LMPVET ClearBridge Variable Large Cap Growth Division

LMPVET ClearBridge Variable Small Cap Growth Division

LMPVIT Western Asset Core Plus Division

Morgan Stanley VIF Global Infrastructure Division

PIMCO VIT CommodityRealReturn<sup>®</sup> Strategy Division

PIMCO VIT Dynamic Bond Division

PIMCO VIT Emerging Markets Bond Division

TAP 1919 Variable Socially Responsive Balanced Division

(a) This Division invests in two or more share classes within the underlying portfolio, series or fund of the Trusts.

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**2. LIST OF DIVISIONS — (Concluded)**

**B.** The following Division ceased operations during the year ended December 31, 2022 and is not included in the statements of assets and liabilities:

BHFTI PanAgora Global Diversified Risk II Division

**C.** The following Division had no net assets during the year ended December 31, 2022:

BHFTI Brighthouse/Artisan International Division

**D.** The following Division had no assets at December 31, 2022 and has been removed from the fund offerings going forward:

Delaware Ivy Asset Strategy Division

**3. PORTFOLIO CHANGES**

The operations of the Divisions were affected by the following changes that occurred during the year ended December 31, 2022:

**Name Change:**

<u>Former Name</u>

BHFTI Brighthouse/Aberdeen Emerging Markets Equity Portfolio

<u>New Name</u>

BHFTI Brighthouse/abrdn Emerging Markets Equity Portfolio

**Merger:**

<u>Former Portfolio</u>

BHFTI PanAgora Global Diversified Risk Portfolio II

<u>New Portfolio</u>

BHFTI PanAgora Global Diversified Risk Portfolio

**4. SIGNIFICANT ACCOUNTING POLICIES**

**Basis of Accounting**

The financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") applicable for variable annuity separate accounts registered as unit investment trusts, which follow the accounting and reporting guidance in Financial Accounting Standards Board Accounting Standards Codification ("ASC") Topic 946*, Investment Companies.*

**Security Transactions**

Security transactions are recorded on a trade date basis. Realized gains and losses on the sales of investments are computed on the basis of the average cost of the investment sold. Income from dividends and realized gain distributions are recorded on the ex-distribution date.

**Security Valuation**

A Division's investment in shares of a fund, series or portfolio of the Trusts is valued at fair value based on the closing net asset value ("NAV"). All changes in fair value are recorded as changes in unrealized gains (losses) on investments in the statements of operations of the applicable Divisions. The Separate Account defines fair value as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Each Division invests in shares of open-end mutual funds which calculate a daily NAV based on the fair value of the underlying securities in their portfolios. As a result, and as required by law, shares of open-end mutual funds are purchased and redeemed at their daily NAV as reported by the Trusts at the close of each business day.

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**4. SIGNIFICANT ACCOUNTING POLICIES — (Concluded)**

**Security Valuation — (Concluded)**

ASC Topic 820, *Fair Value Measurement* ("ASC 820") provides that the Separate Account is not required to categorize within the fair value hierarchy all investments for which fair value is measured using the NAV per share practical expedient. Additionally, ASC 820 does not require certain disclosures for all investments that are eligible to be measured at fair value using the net asset value per share practical expedient. The Separate Account's investments in shares of a fund, series or portfolio of the Trusts are using NAV as a practical expedient, therefore investments are not categorized within the ASC 820 fair value hierarchy.

**Federal Income Taxes**

The operations of the Separate Account form a part of the total operations of the Company and are not taxed separately. The Company is taxed as a life insurance company under the provisions of the Internal Revenue Code ("IRC"). Under the current provisions of the IRC, the Company does not expect to incur federal income taxes on the earnings of the Separate Account to the extent the earnings are credited under the Contracts. Accordingly, no charge is currently being made to the Separate Account for federal income taxes. The Company will periodically review the status of this policy in the event of changes in the tax law. A charge may be made in future years for any federal income taxes that would be attributable to the Contracts.

**Annuity Payouts**

Net assets allocated to Contracts in the annuity payout period are computed according to industry standard mortality tables and, if any, are shown in net assets from Contracts in payout on the statements of assets and liabilities. The assumed investment return is between 3.0 and 6.0 percent. The mortality risk is fully borne by the Company and may result in additional amounts being transferred into the Separate Account by the Company to cover greater longevity of annuitants than expected. Conversely, if amounts allocated exceed amounts required, transfers may be made to the Company. Annuity payouts, if any, are included in transfers for Contract benefits and terminations on the statements of changes in net assets of the applicable Divisions.

**Purchase Payments**

Purchase payments received from Contract owners by the Company are credited as accumulation units as of the end of the valuation period in which received, as provided in the prospectus for the Contracts, and are reported as Contract transactions on the statements of changes in net assets of the applicable Divisions.

**Net Transfers**

Assets transferred by the Contract owner into or out of Divisions within the Separate Account or into or out of the fixed account, which is part of the Company's general account, are recorded on a net basis as net transfers in the statements of changes in net assets of the applicable Divisions.

**Use of Estimates**

The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect amounts reported herein. Actual results could differ from these estimates.

**COVID**

The COVID-19 pandemic has caused volatility within the global economy and financial markets. This pandemic may last for an extended period of time and may continue to impact the economy for the foreseeable future. These events may negatively affect the Separate Account's operations or financial results.

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**5. EXPENSES & CONTRACT CHARGES**

The following annual Separate Account charge paid to the Company is an asset-based charge and assessed through a daily reduction in unit values, which are recorded as administrative charges in the accompanying statements of operations of the applicable Divisions:

<u>Administrative</u> — The Company has responsibility for the administration of the Contracts and the Separate Account. Generally, the administrative charge is related to the maintenance, including distribution, of each Contract and the Separate Account.

The following annual Separate Account charges paid to the Company are asset-based charges and assessed through a daily reduction in unit values, which are recorded as expenses in the accompanying statements of operations of the applicable Divisions:

<u>Mortality and Expense Risk</u> — The mortality risk assumed by the Company is the risk that those insured may die sooner than anticipated and therefore, the Company will pay an aggregate amount of death benefits greater than anticipated. The expense risk assumed is the risk that expenses incurred in issuing and administering the Contracts will exceed the amounts realized from the administrative charges assessed against the Contracts. In addition, the charge compensates the Company for the risk that the insured (the annuitant) may live longer than estimated and the Company would be obligated to pay more in income payments than anticipated.

<u>Optional Death Benefit Rider</u> — For an additional charge, the total death benefit payable may be increased based on increases in account value of the Contracts.

<u>Earnings Preservation Benefit</u> — For an additional charge, the Company will provide additional amounts at death to pay expenses that may be due upon the death of the Contract owner, unless the Contract owner is a non-natural person and then the benefit is payable upon the death of the annuitant. This amount may not be sufficient to cover expenses that the Contract owner's heirs may have to pay.

<u>Enhanced Stepped-Up Benefit Rider</u> — For an additional charge, the total death benefit payable may be increased based on the greater of the account balance or highest annual Contract anniversary value in the Contract or the greater of the account balance, annual increase amount or highest annual Contract anniversary value in the Contract.

<u>Preservation and Growth Rider</u> — For an additional charge, the Company will guarantee at a future date the Account Value (adjusted for withdrawals) will not be less than the initial Purchase Payment.

The table below represents the range of effective annual rates for each respective charge for the year ended December 31, 2022.

---

| | | |
|:---|:---|:---|
| Administrative | 0.10 | % - 0.75% |
| Mortality and Expense Risk | 0.00 | % - 2.05% |
| Optional Death Benefit Rider | 0.25 | % |
| Earnings Preservation Benefit | 0.25 | % |
| Enhanced Stepped-Up Benefit Rider | 0.10 | % - 0.35% |
| Preservation and Growth Rider | 1.15 | % - 1.80% |

---

The above referenced charges may not necessarily correspond to the costs associated with providing the services or benefits indicated by the designation of the charge or associated with a particular Contract. The range of the effective rates disclosed above excludes any waivers granted to certain Divisions.

The following optional rider charges paid to the Company are charged at each Contract anniversary date through the redemption of units, which are recorded as Contract charges in the accompanying statements of changes in net assets of the applicable Divisions:

<u>Guaranteed Minimum Accumulation Benefit</u> — For an additional charge, the Company will guarantee that the Contract value will not be less than a guaranteed minimum amount at the end of a specified number of years.

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**5. EXPENSES & CONTRACT CHARGES — (Concluded)**

<u>Lifetime Withdrawal Guarantee</u> — For an additional charge, the Company will guarantee the periodic return on the investment for life.

<u>Guaranteed Withdrawal Benefit</u> — For an additional charge, the Company will guarantee the periodic return on the investment.

<u>Guaranteed Minimum Income Benefit</u> — For an additional charge, the Company will guarantee a minimum payment regardless of market conditions.

<u>Enhanced Death Benefit</u> — For an additional charge, the amount of the death benefit will be the greater of the account value or the death benefit base.

<u>Enhanced Guaranteed Withdrawal Benefit</u> — For an additional charge, the Company will guarantee that at least the entire amount of purchase payments will be returned through a series of withdrawals without annuitizing.

The table below represents the range of effective annual rates for each respective charge for the year ended December 31, 2022:

---

| | | |
|:---|:---|:---|
| Guaranteed Minimum Accumulation Benefit | 0.75 | % |
| Lifetime Withdrawal Guarantee | 0.50 | % - 1.50% |
| Guaranteed Withdrawal Benefit | 0.90 | % |
| Guaranteed Minimum Income Benefit | 0.50 | % - 1.00% |
| Enhanced Death Benefit | 0.60 | % - 1.15% |
| Enhanced Guaranteed Withdrawal Benefit | 0.50 | % - .55% |

---

The above referenced charges may not necessarily correspond to the costs associated with providing the services or benefits indicated by the designation of the charge or associated with a particular Contract.

Separate Account charges referred to in this disclosure are for current charges of the Contracts and can vary among products within the Separate Account. A Contract administrative charge which ranges from $0 to $30 is assessed on an annual basis for Contracts with a value of less than $50,000, which may be waived if the Contract reaches a certain asset size or under certain circumstances. The Company reserves the right to charge a transfer fee ranging from $0 to $25 after twelve transfers are made in a Contract year or, for certain Contracts. Currently, the Company is not charging a transfer fee. These charges are paid to the Company, assessed through redemption of units, and recorded as Contract charges in the accompanying statements of changes in net assets.

In addition, certain Contracts impose a surrender charge of 0% to 10% if the Contract is partially or fully surrendered within the specified surrender charge period. These charges are paid to the Company, assessed through redemption of units, and recorded as Contract charges in the accompanying statements of changes in net assets of the applicable Divisions for the years ended December 31, 2022 and 2021.

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**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**6. STATEMENT OF INVESTMENTS**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **As of December 31, 2022** | **As of December 31, 2022** | **For the year ended**<br> **December 31, 2022** | **For the year ended**<br> **December 31, 2022** |
| | ****<br> **Shares** | ****<br> **Cost ($)** | **Cost of**<br> **Purchases ($)** | **Proceeds**<br> **from Sales ($)** |
| American Funds<sup>®</sup> Global Growth Division | 5462 | 152050 | 39806 | 57504 |
| American Funds<sup>®</sup> Global Small Capitalization Division | 19434324 | 388255525 | 127688559 | 28276475 |
| American Funds<sup>®</sup> Growth Division | 11581972 | 838191414 | 170356441 | 110818464 |
| American Funds<sup>®</sup> Growth-Income Division | 11932113 | 511377442 | 78427060 | 94262258 |
| American Funds<sup>®</sup> The Bond Fund of America Division | 6743783 | 74244147 | 5804527 | 14172789 |
| BHFTI AB Global Dynamic Allocation Division | 88811919 | 929713717 | 105580777 | 126190439 |
| BHFTI Allspring Mid Cap Value Division | 9539 | 109376 | 40441 | 115795 |
| BHFTI American Funds<sup>®</sup> Balanced Allocation Division | 70829400 | 660461538 | 102094154 | 82051354 |
| BHFTI American Funds<sup>®</sup> Growth Allocation Division | 46638415 | 414111016 | 76250724 | 50857120 |
| BHFTI American Funds<sup>®</sup> Growth Division | 26433467 | 252295135 | 63442198 | 26383055 |
| BHFTI American Funds<sup>®</sup> Moderate Allocation Division | 67513306 | 627074387 | 77760607 | 85011818 |
| BHFTI BlackRock Global Tactical Strategies Division | 124687471 | 1219872628 | 70781670 | 170538687 |
| BHFTI BlackRock High Yield Division | 33143 | 250404 | 24903 | 125669 |
| BHFTI Brighthouse Asset Allocation 100 Division | 20365162 | 234754821 | 31461637 | 22485293 |
| BHFTI Brighthouse Balanced Plus Division | 271161905 | 2814505826 | 310016314 | 377400662 |
| BHFTI Brighthouse Small Cap Value Division | 1206751 | 17151353 | 4052102 | 2537114 |
| BHFTI Brighthouse/abrdn Emerging Markets Equity <br>Division | 3593657 | 35010446 | 7966894 | 3121051 |
| BHFTI Brighthouse/Eaton Vance Floating Rate Division | 1888127 | 18930005 | 4176121 | 5092960 |
| BHFTI Brighthouse/Franklin Low Duration Total Return <br>Division | 6333495 | 60121404 | 9350008 | 18086463 |
| BHFTI Brighthouse/Templeton International Bond <br>Division | 463339 | 4680123 | 86665 | 1022985 |
| BHFTI Brighthouse/Wellington Large Cap Research <br>Division | 55301435 | 682979003 | 165030974 | 84819571 |
| BHFTI CBRE Global Real Estate Division | 13213020 | 154440787 | 24114869 | 17940768 |
| BHFTI Harris Oakmark International Division | 26137141 | 334505312 | 38057765 | 50156879 |
| BHFTI Invesco Balanced-Risk Allocation Division | 43552217 | 424487026 | 60485990 | 43102734 |
| BHFTI Invesco Comstock Division | 1018 | 14183 | 2299 | 3951 |
| BHFTI Invesco Global Equity Division | 9778454 | 184970639 | 38682749 | 22276100 |
| BHFTI Invesco Small Cap Growth Division | 7051071 | 76105134 | 20936903 | 9270741 |
| BHFTI JPMorgan Core Bond Division | 5609919 | 58196282 | 2658004 | 14634637 |
| BHFTI JPMorgan Global Active Allocation Division | 55053921 | 602210813 | 89243989 | 88166038 |
| BHFTI JPMorgan Small Cap Value Division | 1319951 | 17626725 | 6525610 | 3546525 |
| BHFTI Loomis Sayles Global Allocation Division | 5720646 | 83721036 | 13599263 | 10977562 |
| BHFTI Loomis Sayles Growth Division | 30660235 | 384132020 | 41787946 | 43087410 |
| BHFTI MetLife Multi-Index Targeted Risk Division | 57501689 | 657669522 | 69109687 | 88274743 |
| BHFTI MFS<sup>®</sup> Research International Division | 11393342 | 129030755 | 14713149 | 17411533 |
| BHFTI Morgan Stanley Discovery Division | 74664534 | 823922239 | 216191465 | 59508714 |
| BHFTI PanAgora Global Diversified Risk Division | 105682326 | 899564121 | 892587697 | 64357187 |
| BHFTI PanAgora Global Diversified Risk II Division |  |  | 3753<br> (a) | 794022984<br> (a) |
| BHFTI PIMCO Inflation Protected Bond Division | 26930506 | 287256779 | 25566970 | 57553007 |
| BHFTI PIMCO Total Return Division | 51276079 | 598645124 | 21760042 | 95747114 |
| BHFTI Schroders Global Multi-Asset Division | 44219347 | 510758467 | 40965400 | 76615161 |
| BHFTI SSGA Growth and Income ETF Division | 51103706 | 544878206 | 100247594 | 72734226 |
| BHFTI SSGA Growth ETF Division | 11039910 | 119720130 | 24629726 | 14139849 |
| BHFTI T. Rowe Price Large Cap Value Division | 16545 | 464404 | 160650 | 279082 |
| BHFTI T. Rowe Price Mid Cap Growth Division | 47090102 | 431555710 | 77303728 | 51204221 |
| BHFTI TCW Core Fixed Income Division | 1788 | 18139 | 208 | 25597 |
| BHFTI Victory Sycamore Mid Cap Value Division | 16719949 | 295568921 | 59324510 | 63845288 |
| BHFTI Western Asset Management Government Income <br>Division | 27105147 | 290745316 | 20439237 | 50221018 |
| BHFTII Baillie Gifford International Stock Division | 9595378 | 107940422 | 14429957 | 10319611 |
| BHFTII BlackRock Bond Income Division | 2932995 | 311299633 | 12559020 | 56534753 |

---

(a) For the period January 1, 2022 to April 29, 2022.

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**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**6. STATEMENT OF INVESTMENTS — (Continued)**

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| | | | | |
|:---|:---|:---|:---|:---|
| | **As of December 31, 2022** | **As of December 31, 2022** | **For the year ended**<br> **December 31, 2022** | **For the year ended**<br> **December 31, 2022** |
| | ****<br> **Shares** | ****<br> **Cost ($)** | **Cost of**<br> **Purchases ($)** | **Proceeds**<br> **from Sales ($)** |
| BHFTII BlackRock Capital Appreciation Division | 5910974 | 192453156 | 56336142 | 24455163 |
| BHFTII BlackRock Ultra-Short Term Bond Division | 335080 | 33594122 | 15167794 | 19157226 |
| BHFTII Brighthouse Asset Allocation 20 Division | 21863647 | 236098856 | 19451282 | 47896586 |
| BHFTII Brighthouse Asset Allocation 40 Division | 63933642 | 696163701 | 58074859 | 109463811 |
| BHFTII Brighthouse Asset Allocation 60 Division | 228335684 | 2521128524 | 248748324 | 335831457 |
| BHFTII Brighthouse Asset Allocation 80 Division | 123119578 | 1445229886 | 167681621 | 152247174 |
| BHFTII Brighthouse/Artisan Mid Cap Value Division | 723274 | 155160203 | 29770630 | 26742723 |
| BHFTII Brighthouse/Dimensional International Small <br>Company Division | 527079 | 6428737 | 932761 | 958230 |
| BHFTII Brighthouse/Wellington Balanced Division | 29448849 | 516549219 | 81816606 | 66558279 |
| BHFTII Brighthouse/Wellington Core Equity Opportunities <br>Division | 14504761 | 427693005 | 98068894 | 82047155 |
| BHFTII Frontier Mid Cap Growth Division | 18784084 | 500884763 | 133660299 | 45036659 |
| BHFTII Jennison Growth Division | 17842851 | 249471099 | 67344955 | 36666154 |
| BHFTII Loomis Sayles Small Cap Core Division | 633035 | 141298306 | 29247830 | 18980620 |
| BHFTII Loomis Sayles Small Cap Growth Division | 5203337 | 58819092 | 14224560 | 8394277 |
| BHFTII MetLife Aggregate Bond Index Division | 75236596 | 811103398 | 37843299 | 124219042 |
| BHFTII MetLife Mid Cap Stock Index Division | 26491545 | 406569384 | 86216410 | 63181116 |
| BHFTII MetLife MSCI EAFE<sup>®</sup> Index Division | 28505470 | 342908717 | 37111859 | 50726009 |
| BHFTII MetLife Russell 2000<sup>®</sup> Index Division | 17260562 | 282692366 | 65580462 | 34623389 |
| BHFTII MetLife Stock Index Division | 50497117 | 2058706244 | 349740164 | 351339944 |
| BHFTII MFS<sup>®</sup> Total Return Division | 661289 | 99403196 | 14995965 | 16023818 |
| BHFTII MFS<sup>®</sup> Value Division | 36512420 | 535767613 | 102379461 | 96980838 |
| BHFTII Neuberger Berman Genesis Division | 13500903 | 233065243 | 48304088 | 32187408 |
| BHFTII T. Rowe Price Large Cap Growth Division | 31052333 | 607767785 | 138118762 | 67395651 |
| BHFTII T. Rowe Price Small Cap Growth Division | 21132223 | 385268395 | 74789249 | 47703578 |
| BHFTII VanEck Global Natural Resources Division | 1471377 | 15358189 | 1997664 | 9610734 |
| BHFTII Western Asset Management Strategic Bond <br>Opportunities Division | 25653617 | 327443986 | 20891614 | 49743610 |
| BHFTII Western Asset Management U.S. Government <br>Division | 9239948 | 109083351 | 9061432 | 25341431 |
| BlackRock Global Allocation V.I. Division | 1367 | 19905 | 828 | 1198 |
| Calvert VP SRI Balanced Division | 21670023 | 44545248 | 6755859 | 7006798 |
| Calvert VP SRI Mid Cap Division | 259624 | 7308872 | 1468754 | 585302 |
| Delaware VIP<sup>®</sup> Small Cap Value Division | 21 | 750 | 63 | 8 |
| Fidelity<sup>®</sup> VIP Contrafund<sup>®</sup> Division | 18459 | 635798 | 49878 | 63949 |
| Fidelity<sup>®</sup> VIP Equity-Income Division | 2696667 | 60465300 | 4385651 | 6474187 |
| Fidelity<sup>®</sup> VIP Freedom 2020 Division | 344732 | 4636086 | 1301213 | 541354 |
| Fidelity<sup>®</sup> VIP Freedom 2025 Division | 468717 | 7189867 | 2271235 | 2226381 |
| Fidelity<sup>®</sup> VIP Freedom 2030 Division | 485862 | 7436662 | 2150158 | 2369775 |
| Fidelity<sup>®</sup> VIP Freedom 2035 Division | 238696 | 6159527 | 2650510 | 602223 |
| Fidelity<sup>®</sup> VIP Freedom 2040 Division | 163465 | 3939855 | 1715123 | 379207 |
| Fidelity<sup>®</sup> VIP Freedom 2045 Division | 164605 | 3844620 | 1493893 | 135828 |
| Fidelity<sup>®</sup> VIP Freedom 2050 Division | 399589 | 8602700 | 3684706 | 675773 |
| Fidelity<sup>®</sup> VIP FundsManager 50% Division | 17942333 | 212844279 | 39699255 | 22816803 |
| Fidelity<sup>®</sup> VIP FundsManager 60% Division | 20183498 | 204925639 | 39735591 | 31464261 |
| Fidelity<sup>®</sup> VIP Government Money Market Division | 4103960 | 4103960 | 1186287 | 2031371 |
| Fidelity<sup>®</sup> VIP Growth Division | 1357273 | 85806671 | 9609151 | 10727014 |
| Fidelity<sup>®</sup> VIP Investment Grade Bond Division | 656571 | 8469075 | 909044 | 1030959 |
| Fidelity<sup>®</sup> VIP Mid Cap Division | 13839 | 447596 | 32828 | 34156 |
| FTVIPT Templeton Developing Markets VIP Division | 4355 | 34092 | 4091 | 5988 |
| FTVIPT Templeton Foreign VIP Division | 85 | 1087 | 588 | 3 |
| Janus Henderson Enterprise Division | 950 | 62384 | 24790 | 71545 |
| LMPVET ClearBridge Variable Appreciation Division | 1002 | 40304 | 3045 | 2310 |

---

(a) For the period January 1, 2022 to April 29, 2022.

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**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**6. STATEMENT OF INVESTMENTS — (Concluded)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **As of December 31, 2022** | **As of December 31, 2022** | **For the year ended**<br> **December 31, 2022** | **For the year ended**<br> **December 31, 2022** |
| | ****<br> **Shares** | ****<br> **Cost ($)** | **Cost of**<br> **Purchases ($)** | **Proceeds**<br> **from Sales ($)** |
| LMPVET ClearBridge Variable Dividend Strategy Division | 3844 | 69623 | 8323 | 14123 |
| LMPVET ClearBridge Variable Large Cap Growth Division | 11849 | 312912 | 61530 | 86536 |
| LMPVET ClearBridge Variable Small Cap Growth Division | 1166 | 32328 | 11999 | 25081 |
| LMPVIT Western Asset Core Plus Division | 71 | 411 | 7 | 11 |
| Morgan Stanley VIF Global Infrastructure Division | 8011 | 61303 | 6197 | 6449 |
| PIMCO VIT CommodityRealReturn<sup>®</sup> Strategy Division | 12474 | 102276 | 72058 | 7523 |
| PIMCO VIT Dynamic Bond Division | 1421 | 14278 | 2335 | 7418 |
| PIMCO VIT Emerging Markets Bond Division | 1636 | 20610 | 1769 | 19670 |
| TAP 1919 Variable Socially Responsive Balanced Division | 295 | 8482 | 488 | 72 |

---

(a) For the period January 1, 2022 to April 29, 2022.

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**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**7. SCHEDULES OF UNITS<br>For the years ended December 31, 2022 and 2021:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **American Funds<sup>®</sup>** <br> **Global Growth** <br> **Division** | **American Funds<sup>®</sup>** <br> **Global Growth** <br> **Division** | **American Funds<sup>®</sup>** <br> **Global Small Capitalization** <br> **Division** | **American Funds<sup>®</sup>** <br> **Global Small Capitalization** <br> **Division** | **American Funds<sup>®</sup> Growth** <br> **Division** | **American Funds<sup>®</sup> Growth** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 26203 | 31184 | 6543370 | 7379440 | 1983543 | 2243998 |
| Units issued and transferred<br>from other funding options | 1719 | 550 | 698037 | 472971 | 155505 | 162237 |
| Units redeemed and transferred to <br>other funding options | (6995) | (5531) | (939046) | (1309041) | (286532) | (422692) |
| Units end of year | 20927 | 26203 | 6302361 | 6543370 | 1852516 | 1983543 |
|  | **BHFTI Allspring** <br> **Mid Cap Value** <br> **Division** | **BHFTI Allspring** <br> **Mid Cap Value** <br> **Division** | **BHFTI American Funds<sup>®</sup>** <br> **Balanced Allocation** <br> **Division** | **BHFTI American Funds<sup>®</sup>** <br> **Balanced Allocation** <br> **Division** | **BHFTI American Funds<sup>®</sup>** <br> **Growth Allocation** <br> **Division** | **BHFTI American Funds<sup>®</sup>** <br> **Growth Allocation** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 6264 | 7353 | 35523223 | 40375709 | 20115537 | 21672182 |
| Units issued and transferred<br>from other funding options | 16 | 148 | 1317422 | 1886409 | 974713 | 1705617 |
| Units redeemed and transferred to <br>other funding options | (3205) | (1237) | (4825514) | (6738895) | (2716603) | (3262262) |
| Units end of year | 3075 | 6264 | 32015131 | 35523223 | 18373647 | 20115537 |
|  | **BHFTI** <br> **BlackRock High Yield** <br> **Division** | **BHFTI** <br> **BlackRock High Yield** <br> **Division** | **BHFTI Brighthouse** <br> **Asset Allocation 100** <br> **Division** | **BHFTI Brighthouse** <br> **Asset Allocation 100** <br> **Division** | **BHFTI** <br> **Brighthouse Balanced Plus** <br> **Division** | **BHFTI** <br> **Brighthouse Balanced Plus** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 37764 | 48501 | 7902518 | 8453543 | 164181154 | 189208847 |
| Units issued and transferred<br>from other funding options | 2872 | 5457 | 503625 | 584898 | 3830710 | 6206404 |
| Units redeemed and transferred to <br>other funding options | (13343) | (16194) | (870172) | (1135923) | (24263557) | (31234097) |
| Units end of year | 27293 | 37764 | 7535971 | 7902518 | 143748307 | 164181154 |
|  | **BHFTI Brighthouse/Franklin** <br> **Low Duration Total Return** <br> **Division** | **BHFTI Brighthouse/Franklin** <br> **Low Duration Total Return** <br> **Division** | **BHFTI Brighthouse/Templeton** <br> **International Bond** <br> **Division** | **BHFTI Brighthouse/Templeton** <br> **International Bond** <br> **Division** | **BHFTI Brighthouse/Wellington** <br> **Large Cap Research** <br> **Division** | **BHFTI Brighthouse/Wellington** <br> **Large Cap Research** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 6579388 | 6584220 | 414855 | 421632 | 7052462 | 7965776 |
| Units issued and transferred<br>from other funding options | 1257726 | 2039162 | 18945 | 76933 | 227459 | 262336 |
| Units redeemed and transferred to <br>other funding options | (2225309) | (2043994) | (102644) | (83710) | (905609) | (1175650) |
| Units end of year | 5611805 | 6579388 | 331156 | 414855 | 6374312 | 7052462 |

---

(a) For the period January 1, 2022 to April 29, 2022.

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **American Funds<sup>®</sup>** <br> **Growth-Income** <br> **Division** | **American Funds<sup>®</sup>** <br> **Growth-Income** <br> **Division** | **American Funds<sup>®</sup>** <br> **The Bond Fund of America** <br> **Division** | **American Funds<sup>®</sup>** <br> **The Bond Fund of America** <br> **Division** | **BHFTI AB Global** <br> **Dynamic Allocation** <br> **Division** | **BHFTI AB Global** <br> **Dynamic Allocation** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 2276122 | 2655428 | 4106274 | 4240005 | 67331765 | 78219417 |
| Units issued and transferred<br>from other funding options | 111927 | 109254 | 432373 | 848196 | 1107277 | 1480030 |
| Units redeemed and transferred to <br>other funding options | (378837) | (488560) | (975632) | (981927) | (9039423) | (12367682) |
| Units end of year | 2009212 | 2276122 | 3563015 | 4106274 | 59399619 | 67331765 |
|  | **BHFTI** <br> **American Funds<sup>®</sup> Growth** <br> **Division** | **BHFTI** <br> **American Funds<sup>®</sup> Growth** <br> **Division** | **BHFTI American** <br> **Funds<sup>®</sup> Moderate Allocation** <br> **Division** | **BHFTI American** <br> **Funds<sup>®</sup> Moderate Allocation** <br> **Division** | **BHFTI BlackRock Global** <br> **Tactical Strategies** <br> **Division** | **BHFTI BlackRock Global** <br> **Tactical Strategies** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 7703185 | 10039904 | 37338886 | 42632501 | 88958635 | 103549645 |
| Units issued and transferred<br>from other funding options | 1007989 | 520600 | 723814 | 841957 | 1230872 | 1928272 |
| Units redeemed and transferred to <br>other funding options | (1423182) | (2857319) | (4968138) | (6135572) | (12283269) | (16519282) |
| Units end of year | 7287992 | 7703185 | 33094562 | 37338886 | 77906238 | 88958635 |
|  | **BHFTI** <br> **Brighthouse Small Cap Value** <br> **Division** | **BHFTI** <br> **Brighthouse Small Cap Value** <br> **Division** | **BHFTI Brighthouse/abrdn** <br> **Emerging Markets Equity** <br> **Division** | **BHFTI Brighthouse/abrdn** <br> **Emerging Markets Equity** <br> **Division** | **BHFTI Brighthouse/**<br> **Eaton Vance Floating Rate** <br> **Division** | **BHFTI Brighthouse/**<br> **Eaton Vance Floating Rate** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 449964 | 492592 | 2787968 | 3047927 | 1540034 | 1594088 |
| Units issued and transferred<br>from other funding options | 56970 | 74177 | 532020 | 490819 | 463534 | 384224 |
| Units redeemed and transferred to <br>other funding options | (89957) | (116805) | (510515) | (750778) | (578458) | (438278) |
| Units end of year | 416977 | 449964 | 2809473 | 2787968 | 1425110 | 1540034 |
|  | **BHFTI** <br> **CBRE Global Real Estate** <br> **Division** | **BHFTI** <br> **CBRE Global Real Estate** <br> **Division** | **BHFTI** <br> **Harris Oakmark International** <br> **Division** | **BHFTI** <br> **Harris Oakmark International** <br> **Division** | **BHFTI Invesco** <br> **Balanced-Risk Allocation** <br> **Division** | **BHFTI Invesco** <br> **Balanced-Risk Allocation** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 6612118 | 7956916 | 11034401 | 13069949 | 271882939 | 305812256 |
| Units issued and transferred<br>from other funding options | 586270 | 525215 | 1200169 | 1251327 | 36473059 | 24142699 |
| Units redeemed and transferred to <br>other funding options | (1071360) | (1870013) | (2257057) | (3286875) | (52969449) | (58072016) |
| Units end of year | 6127028 | 6612118 | 9977513 | 11034401 | 255386549 | 271882939 |

---

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**7. SCHEDULES OF UNITS — (Continued)<br>For the years ended December 31, 2022 and 2021:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTI Invesco Comstock** <br> **Division** | **BHFTI Invesco Comstock** <br> **Division** | **BHFTI Invesco Global Equity** <br> **Division** | **BHFTI Invesco Global Equity** <br> **Division** | **BHFTI** <br> **Invesco Small Cap Growth** <br> **Division** | **BHFTI** <br> **Invesco Small Cap Growth** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 4394 | 6488 | 12898558 | 13483627 | 1160106 | 1205933 |
| Units issued and transferred<br>from other funding options | 2 | 33 | 1608783 | 1727400 | 155219 | 312705 |
| Units redeemed and transferred to <br>other funding options | (386) | (2127) | (2222909) | (2312469) | (263264) | (358532) |
| Units end of year | 4010 | 4394 | 12284432 | 12898558 | 1052061 | 1160106 |
|  | **BHFTI Loomis Sayles** <br> **Global Allocation** <br> **Division** | **BHFTI Loomis Sayles** <br> **Global Allocation** <br> **Division** | **BHFTI Loomis Sayles Growth** <br> **Division** | **BHFTI Loomis Sayles Growth** <br> **Division** | **BHFTI MetLife** <br> **Multi-Index Targeted Risk** <br> **Division** | **BHFTI MetLife** <br> **Multi-Index Targeted Risk** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 3349302 | 3759111 | 13754696 | 16516881 | 439723634 | 511620263 |
| Units issued and transferred<br>from other funding options | 248488 | 320888 | 1130884 | 639264 | 14246669 | 15609152 |
| Units redeemed and transferred to <br>other funding options | (558354) | (730697) | (2263399) | (3401449) | (68207106) | (87505781) |
| Units end of year | 3039436 | 3349302 | 12622181 | 13754696 | 385763197 | 439723634 |
|  | **BHFTI PanAgora** <br> **Global Diversified Risk II** <br> **Division** | **BHFTI PanAgora** <br> **Global Diversified Risk II** <br> **Division** | **BHFTI PIMCO** <br> **Inflation Protected Bond** <br> **Division** | **BHFTI PIMCO** <br> **Inflation Protected Bond** <br> **Division** | **BHFTI PIMCO Total Return** <br> **Division** | **BHFTI PIMCO Total Return** <br> **Division** |
|  | **2022 (a)** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 60263509 | 70369642 | 18836529 | 19226114 | 32619518 | 34236760 |
| Units issued and transferred<br>from other funding options | 416940 | 1632610 | 1742685 | 3785991 | 1736837 | 5009745 |
| Units redeemed and transferred to <br>other funding options | (60680449) | (11738743) | (4558914) | (4175576) | (6276053) | (6626987) |
| Units end of year |  | 60263509 | 16020300 | 18836529 | 28080302 | 32619518 |
|  | **BHFTI T. Rowe Price** <br> **Large Cap Value** <br> **Division** | **BHFTI T. Rowe Price** <br> **Large Cap Value** <br> **Division** | **BHFTI T. Rowe Price** <br> **Mid Cap Growth** <br> **Division** | **BHFTI T. Rowe Price** <br> **Mid Cap Growth** <br> **Division** | **BHFTI TCW** <br> **Core Fixed Income** <br> **Division** | **BHFTI TCW** <br> **Core Fixed Income** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 25963 | 28681 | 12061669 | 13981484 | 4056 | 4573 |
| Units issued and transferred<br>from other funding options | 501 | 460 | 874072 | 907184 |  |  |
| Units redeemed and transferred to <br>other funding options | (14182) | (3178) | (2124421) | (2826999) | (2425) | (517) |
| Units end of year | 12282 | 25963 | 10811320 | 12061669 | 1631 | 4056 |

---

(a) For the period January 1, 2022 to April 29, 2022.

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTI** <br> **JPMorgan Core Bond** <br> **Division** | **BHFTI** <br> **JPMorgan Core Bond** <br> **Division** | **BHFTI JPMorgan** <br> **Global Active Allocation** <br> **Division** | **BHFTI JPMorgan** <br> **Global Active Allocation** <br> **Division** | **BHFTI** <br> **JPMorgan Small Cap Value** <br> **Division** | **BHFTI** <br> **JPMorgan Small Cap Value** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 5727534 | 5908327 | 402997702 | 462254239 | 600320 | 768068 |
| Units issued and transferred<br>from other funding options | 447793 | 1281136 | 13109612 | 21135588 | 70294 | 140144 |
| Units redeemed and transferred to <br>other funding options | (1557936) | (1461929) | (64914860) | (80392125) | (158294) | (307892) |
| Units end of year | 4617391 | 5727534 | 351192454 | 402997702 | 512320 | 600320 |
|  | **BHFTI MFS<sup>®</sup>** <br> **Research International** <br> **Division** | **BHFTI MFS<sup>®</sup>** <br> **Research International** <br> **Division** | **BHFTI Morgan** <br> **Stanley Discovery** <br> **Division** | **BHFTI Morgan** <br> **Stanley Discovery** <br> **Division** | **BHFTI PanAgora** <br> **Global Diversified Risk** <br> **Division** | **BHFTI PanAgora** <br> **Global Diversified Risk** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 7162727 | 8036159 | 8569702 | 9587827 | 61606271 | 67636602 |
| Units issued and transferred<br>from other funding options | 452567 | 488639 | 1760524 | 1204971 | 583844080 | 8055309 |
| Units redeemed and transferred to <br>other funding options | (1091298) | (1362071) | (1692673) | (2223096) | (64959750) | (14085640) |
| Units end of year | 6523996 | 7162727 | 8637553 | 8569702 | 580490601 | 61606271 |
|  | **BHFTI** <br> **Schroders Global Multi-Asset** <br> **Division** | **BHFTI** <br> **Schroders Global Multi-Asset** <br> **Division** | **BHFTI SSGA** <br> **Growth and Income ETF** <br> **Division** | **BHFTI SSGA** <br> **Growth and Income ETF** <br> **Division** | **BHFTI SSGA Growth ETF** <br> **Division** | **BHFTI SSGA Growth ETF** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 381747388 | 455182622 | 26261154 | 30781265 | 5267322 | 6011201 |
| Units issued and transferred<br>from other funding options | 8921433 | 11365724 | 428403 | 457013 | 228525 | 298637 |
| Units redeemed and transferred to <br>other funding options | (58203787) | (84800958) | (3574056) | (4977124) | (686575) | (1042516) |
| Units end of year | 332465034 | 381747388 | 23115501 | 26261154 | 4809272 | 5267322 |
|  | **BHFTI Victory** <br> **Sycamore Mid Cap Value** <br> **Division** | **BHFTI Victory** <br> **Sycamore Mid Cap Value** <br> **Division** | **BHFTI Western** <br> **Asset Management** <br> **Government Income** <br> **Division** | **BHFTI Western** <br> **Asset Management** <br> **Government Income** <br> **Division** | **BHFTII Baillie Gifford** <br> **International Stock** <br> **Division** | **BHFTII Baillie Gifford** <br> **International Stock** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 6175875 | 7196575 | 27345170 | 32375503 | 5050419 | 5562590 |
| Units issued and transferred<br>from other funding options | 467684 | 597009 | 3920075 | 5176247 | 502915 | 614048 |
| Units redeemed and transferred to <br>other funding options | (1247738) | (1617709) | (6973845) | (10206580) | (721406) | (1126219) |
| Units end of year | 5395821 | 6175875 | 24291400 | 27345170 | 4831928 | 5050419 |

---

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**7. SCHEDULES OF UNITS — (Continued)<br>For the years ended December 31, 2022 and 2021:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTII BlackRock** <br> **Bond Income** <br> **Division** | **BHFTII BlackRock** <br> **Bond Income** <br> **Division** | **BHFTII BlackRock** <br> **Capital Appreciation** <br> **Division** | **BHFTII BlackRock** <br> **Capital Appreciation** <br> **Division** | **BHFTII BlackRock** <br> **Ultra-Short Term Bond** <br> **Division** | **BHFTII BlackRock** <br> **Ultra-Short Term Bond** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 6550596 | 7023787 | 3306153 | 3762727 | 2745802 | 3242202 |
| Units issued and transferred<br>from other funding options | 331293 | 846823 | 319383 | 253853 | 912722 | 1151808 |
| Units redeemed and transferred to <br>other funding options | (1323685) | (1320014) | (612541) | (710427) | (1229467) | (1648208) |
| Units end of year | 5558204 | 6550596 | 3012995 | 3306153 | 2429057 | 2745802 |
|  | **BHFTII Brighthouse** <br> **Asset Allocation 80** <br> **Division** | **BHFTII Brighthouse** <br> **Asset Allocation 80** <br> **Division** | **BHFTII Brighthouse/Artisan** <br> **Mid Cap Value** <br> **Division** | **BHFTII Brighthouse/Artisan** <br> **Mid Cap Value** <br> **Division** | **BHFTII Brighthouse/**<br> **Dimensional International** <br> **Small Company** <br> **Division** | **BHFTII Brighthouse/**<br> **Dimensional International** <br> **Small Company** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 61203569 | 68356199 | 3074537 | 3488897 | 217756 | 256198 |
| Units issued and transferred<br>from other funding options | 1379218 | 1868468 | 139572 | 292322 | 17503 | 20349 |
| Units redeemed and transferred to <br>other funding options | (6577012) | (9021098) | (499131) | (706682) | (42273) | (58791) |
| Units end of year | 56005775 | 61203569 | 2714978 | 3074537 | 192986 | 217756 |
|  | **BHFTII Jennison Growth** <br> **Division** | **BHFTII Jennison Growth** <br> **Division** | **BHFTII** <br> **Loomis Sayles Small Cap Core** <br> **Division** | **BHFTII** <br> **Loomis Sayles Small Cap Core** <br> **Division** | **BHFTII Loomis** <br> **Sayles Small Cap Growth** <br> **Division** | **BHFTII Loomis** <br> **Sayles Small Cap Growth** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 9073417 | 10579883 | 2370989 | 2707781 | 1695408 | 1855495 |
| Units issued and transferred<br>from other funding options | 1629326 | 1654102 | 89119 | 141843 | 129605 | 155026 |
| Units redeemed and transferred to <br>other funding options | (2342797) | (3160568) | (304874) | (478635) | (341217) | (315113) |
| Units end of year | 8359946 | 9073417 | 2155234 | 2370989 | 1483796 | 1695408 |
|  | **BHFTII** <br> **MetLife Russell 2000<sup>®</sup> Index** <br> **Division** | **BHFTII** <br> **MetLife Russell 2000<sup>®</sup> Index** <br> **Division** | **BHFTII** <br> **MetLife Stock Index** <br> **Division** | **BHFTII** <br> **MetLife Stock Index** <br> **Division** | **BHFTII** <br> **MFS<sup>®</sup> Total Return** <br> **Division** | **BHFTII** <br> **MFS<sup>®</sup> Total Return** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 6792038 | 7531805 | 22605518 | 25861616 | 2306720 | 2535226 |
| Units issued and transferred<br>from other funding options | 665289 | 945637 | 1623667 | 1199953 | 131862 | 159563 |
| Units redeemed and transferred to <br>other funding options | (1135068) | (1685404) | (3589974) | (4456051) | (367587) | (388069) |
| Units end of year | 6322259 | 6792038 | 20639211 | 22605518 | 2070995 | 2306720 |

---

(a) For the period January 1, 2022 to April 29, 2022.

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTII Brighthouse** <br> **Asset Allocation 20** <br> **Division** | **BHFTII Brighthouse** <br> **Asset Allocation 20** <br> **Division** | **BHFTII Brighthouse** <br> **Asset Allocation 40** <br> **Division** | **BHFTII Brighthouse** <br> **Asset Allocation 40** <br> **Division** | **BHFTII Brighthouse** <br> **Asset Allocation 60** <br> **Division** | **BHFTII Brighthouse** <br> **Asset Allocation 60** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 15403578 | 17601429 | 38513419 | 43790060 | 120826699 | 138788939 |
| Units issued and transferred<br>from other funding options | 743019 | 863948 | 959145 | 1072092 | 2111868 | 2732076 |
| Units redeemed and transferred to <br>other funding options | (3200534) | (3061799) | (6107306) | (6348733) | (15825899) | (20694316) |
| Units end of year | 12946063 | 15403578 | 33365258 | 38513419 | 107112668 | 120826699 |
|  | **BHFTII Brighthouse/**<br> **Wellington Balanced** <br> **Division** | **BHFTII Brighthouse/**<br> **Wellington Balanced** <br> **Division** | **BHFTII Brighthouse/**<br> **Wellington Core Equity** <br> **Opportunities** <br> **Division** | **BHFTII Brighthouse/**<br> **Wellington Core Equity** <br> **Opportunities** <br> **Division** | **BHFTII Frontier** <br> **Mid Cap Growth** <br> **Division** | **BHFTII Frontier** <br> **Mid Cap Growth** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 7106175 | 7735328 | 6291202 | 7259472 | 4467854 | 4933281 |
| Units issued and transferred<br>from other funding options | 237239 | 243006 | 315077 | 336245 | 137186 | 138681 |
| Units redeemed and transferred to <br>other funding options | (934394) | (872159) | (1101300) | (1304515) | (476712) | (604108) |
| Units end of year | 6409020 | 7106175 | 5504979 | 6291202 | 4128328 | 4467854 |
|  | **BHFTII MetLife** <br> **Aggregate Bond Index** <br> **Division** | **BHFTII MetLife** <br> **Aggregate Bond Index** <br> **Division** | **BHFTII MetLife** <br> **Mid Cap Stock Index** <br> **Division** | **BHFTII MetLife** <br> **Mid Cap Stock Index** <br> **Division** | **BHFTII** <br> **MetLife MSCI EAFE<sup>®</sup> Index** <br> **Division** | **BHFTII** <br> **MetLife MSCI EAFE<sup>®</sup> Index** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 48385248 | 48820793 | 9859099 | 11467060 | 22411515 | 24590517 |
| Units issued and transferred<br>from other funding options | 3462781 | 8057405 | 685368 | 802132 | 2157771 | 1806217 |
| Units redeemed and transferred to <br>other funding options | (9224169) | (8492950) | (1732561) | (2410093) | (3915762) | (3985219) |
| Units end of year | 42623860 | 48385248 | 8811906 | 9859099 | 20653524 | 22411515 |
|  | **BHFTII MFS<sup>®</sup> Value** <br> **Division** | **BHFTII MFS<sup>®</sup> Value** <br> **Division** | **BHFTII** <br> **Neuberger Berman Genesis** <br> **Division** | **BHFTII** <br> **Neuberger Berman Genesis** <br> **Division** | **BHFTII T. Rowe Price** <br> **Large Cap Growth** <br> **Division** | **BHFTII T. Rowe Price** <br> **Large Cap Growth** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 40856426 | 45919271 | 5912293 | 6733229 | 11647251 | 13310314 |
| Units issued and transferred<br>from other funding options | 5198920 | 5242917 | 259693 | 361689 | 1593247 | 1193212 |
| Units redeemed and transferred to <br>other funding options | (8991009) | (10305762) | (808070) | (1182625) | (2272501) | (2856275) |
| Units end of year | 37064337 | 40856426 | 5363916 | 5912293 | 10967997 | 11647251 |

---

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**7. SCHEDULES OF UNITS — (Continued)<br>For the years ended December 31, 2022 and 2021:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTII T. Rowe Price** <br> **Small Cap Growth** <br> **Division** | **BHFTII T. Rowe Price** <br> **Small Cap Growth** <br> **Division** | **BHFTII VanEck** <br> **Global Natural Resources** <br> **Division** | **BHFTII VanEck** <br> **Global Natural Resources** <br> **Division** | **BHFTII Western Asset** <br> **Management Strategic** <br> **Bond Opportunities** <br> **Division** | **BHFTII Western Asset** <br> **Management Strategic** <br> **Bond Opportunities** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 6652969 | 7569000 | 1734410 | 2324890 | 10455449 | 11354141 |
| Units issued and transferred<br>from other funding options | 372499 | 511407 | 214392 | 206105 | 500544 | 1068553 |
| Units redeemed and transferred to <br>other funding options | (1065469) | (1427438) | (703369) | (796585) | (1829419) | (1967245) |
| Units end of year | 5959999 | 6652969 | 1245433 | 1734410 | 9126574 | 10455449 |
|  | **Calvert VP SRI Mid Cap** <br> **Division** | **Calvert VP SRI Mid Cap** <br> **Division** | **Delaware** <br> **VIP<sup>®</sup> Small Cap Value** <br> **Division** | **Delaware** <br> **VIP<sup>®</sup> Small Cap Value** <br> **Division** | **Fidelity<sup>®</sup> VIP Contrafund<sup>®</sup>** <br> **Division** | **Fidelity<sup>®</sup> VIP Contrafund<sup>®</sup>** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 84007 | 92109 | 448 | 448 | 55851 | 61965 |
| Units issued and transferred<br>from other funding options | 3594 | 6535 |  |  | 946 | 1124 |
| Units redeemed and transferred to <br>other funding options | (8074) | (14637) |  |  | (4051) | (7238) |
| Units end of year | 79527 | 84007 | 448 | 448 | 52746 | 55851 |
|  | **Fidelity<sup>®</sup> VIP Freedom 2030** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2030** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2035** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2035** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2040** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2040** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 290180 | 232863 | 112239 | 56150 | 68494 | 49758 |
| Units issued and transferred<br>from other funding options | 120856 | 131509 | 62302 | 73525 | 42084 | 41655 |
| Units redeemed and transferred to <br>other funding options | (145823) | (74192) | (17243) | (17436) | (12599) | (22919) |
| Units end of year | 265213 | 290180 | 157298 | 112239 | 97979 | 68494 |
|  | **Fidelity<sup>®</sup> VIP** <br> **FundsManager 60%** <br> **Division** | **Fidelity<sup>®</sup> VIP** <br> **FundsManager 60%** <br> **Division** | **Fidelity<sup>®</sup> VIP** <br> **Government Money Market** <br> **Division** | **Fidelity<sup>®</sup> VIP** <br> **Government Money Market** <br> **Division** | **Fidelity<sup>®</sup> VIP Growth** <br> **Division** | **Fidelity<sup>®</sup> VIP Growth** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 12336639 | 13649023 | 306845 | 366357 | 611993 | 663454 |
| Units issued and transferred<br>from other funding options | 96856 | 126055 | 107208 | 46085 | 9549 | 15548 |
| Units redeemed and transferred to <br>other funding options | (1698653) | (1438439) | (160833) | (105597) | (58418) | (67009) |
| Units end of year | 10734842 | 12336639 | 253220 | 306845 | 563124 | 611993 |

---

(a) For the period January 1, 2022 to April 29, 2022.

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **BHFTII Western Asset** <br> **Management U.S. Government** <br> **Division** | **BHFTII Western Asset** <br> **Management U.S. Government** <br> **Division** | **BlackRock** <br> **Global Allocation V.I.** <br> **Division** | **BlackRock** <br> **Global Allocation V.I.** <br> **Division** | **Calvert VP SRI Balanced** <br> **Division** | **Calvert VP SRI Balanced** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 6670779 | 7382234 | 652 | 4081 | 894700 | 954567 |
| Units issued and transferred<br>from other funding options | 989282 | 1270752 | 22 | 61 | 53676 | 77181 |
| Units redeemed and transferred to <br>other funding options | (1999422) | (1982207) | (37) | (3490) | (136293) | (137048) |
| Units end of year | 5660639 | 6670779 | 637 | 652 | 812083 | 894700 |
|  | **Fidelity<sup>®</sup> VIP Equity-Income** <br> **Division** | **Fidelity<sup>®</sup> VIP Equity-Income** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2020** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2020** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2025** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2025** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 1248036 | 1351903 | 163380 | 175053 | 287972 | 270297 |
| Units issued and transferred<br>from other funding options | 49177 | 22948 | 39820 | 58928 | 71718 | 116998 |
| Units redeemed and transferred to <br>other funding options | (167071) | (126815) | (24948) | (70601) | (90476) | (99323) |
| Units end of year | 1130142 | 1248036 | 178252 | 163380 | 269214 | 287972 |
|  | **Fidelity<sup>®</sup> VIP Freedom 2045** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2045** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2050** <br> **Division** | **Fidelity<sup>®</sup> VIP Freedom 2050** <br> **Division** | **Fidelity<sup>®</sup> VIP** <br> **FundsManager 50%** <br> **Division** | **Fidelity<sup>®</sup> VIP** <br> **FundsManager 50%** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 68496 | 48514 | 149456 | 104593 | 12481990 | 13833224 |
| Units issued and transferred<br>from other funding options | 34748 | 23796 | 90181 | 75196 | 34015 | 32176 |
| Units redeemed and transferred to <br>other funding options | (4931) | (3814) | (25865) | (30333) | (1137791) | (1383410) |
| Units end of year | 98313 | 68496 | 213772 | 149456 | 11378214 | 12481990 |
|  | **Fidelity<sup>®</sup> VIP** <br> **Investment Grade Bond** <br> **Division** | **Fidelity<sup>®</sup> VIP** <br> **Investment Grade Bond** <br> **Division** | **Fidelity<sup>®</sup> VIP Mid Cap** <br> **Division** | **Fidelity<sup>®</sup> VIP Mid Cap** <br> **Division** | **FTVIPT Templeton** <br> **Developing Markets VIP** <br> **Division** | **FTVIPT Templeton** <br> **Developing Markets VIP** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 223841 | 235580 | 43732 | 47935 | 24007 | 24767 |
| Units issued and transferred<br>from other funding options | 33209 | 24406 | 104 | 43 |  |  |
| Units redeemed and transferred to <br>other funding options | (50903) | (36145) | (2779) | (4246) | (3731) | (760) |
| Units end of year | 206147 | 223841 | 41057 | 43732 | 20276 | 24007 |

---

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**7. SCHEDULES OF UNITS — (Concluded)<br>For the years ended December 31, 2022 and 2021:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **FTVIPT Templeton** <br> **Foreign VIP** <br> **Division** | **FTVIPT Templeton** <br> **Foreign VIP** <br> **Division** | **Janus Henderson Enterprise** <br> **Division** | **Janus Henderson Enterprise** <br> **Division** | **LMPVET ClearBridge** <br> **Variable Appreciation** <br> **Division** | **LMPVET ClearBridge** <br> **Variable Appreciation** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 112 |  | 8707 | 10328 | 4610 | 4985 |
| Units issued and transferred<br>from other funding options | 150 | 112 | 153 | 329 |  | 118 |
| Units redeemed and transferred to <br>other funding options |  |  | (4782) | (1950) | (156) | (493) |
| Units end of year | 262 | 112 | 4078 | 8707 | 4454 | 4610 |
|  | **LMPVIT** <br> **Western Asset Core Plus** <br> **Division** | **LMPVIT** <br> **Western Asset Core Plus** <br> **Division** | **Morgan Stanley** <br> **VIF Global Infrastructure** <br> **Division** | **Morgan Stanley** <br> **VIF Global Infrastructure** <br> **Division** | **PIMCO VIT** <br> **CommodityRealReturn<sup>®</sup>** <br> **Strategy** <br> **Division** | **PIMCO VIT** <br> **CommodityRealReturn<sup>®</sup>** <br> **Strategy** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 108 | 9712 | 3851 | 4056 | 4451 | 5152 |
| Units issued and transferred<br>from other funding options |  |  | 99 | 493 | 5261 | 18 |
| Units redeemed and transferred to <br>other funding options |  | (9604) | (356) | (698) | (606) | (719) |
| Units end of year | 108 | 108 | 3594 | 3851 | 9106 | 4451 |

---

(a) For the period January 1, 2022 to April 29, 2022.

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **LMPVET ClearBridge** <br> **Variable Dividend Strategy** <br> **Division** | **LMPVET ClearBridge** <br> **Variable Dividend Strategy** <br> **Division** | **LMPVET ClearBridge** <br> **Variable Large Cap Growth** <br> **Division** | **LMPVET ClearBridge** <br> **Variable Large Cap Growth** <br> **Division** | **LMPVET ClearBridge** <br> **Variable Small Cap Growth** <br> **Division** | **LMPVET ClearBridge** <br> **Variable Small Cap Growth** <br> **Division** |
| | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 42161 | 43961 | 71487 | 78691 | 7572 | 8447 |
| Units issued and transferred<br>from other funding options |  | 1340 | 6186 | 3308 | 1901 | 997 |
| Units redeemed and transferred to <br>other funding options | (5802) | (3140) | (15988) | (10512) | (4273) | (1872) |
| Units end of year | 36359 | 42161 | 61685 | 71487 | 5200 | 7572 |
|  | **PIMCO VIT Dynamic Bond** <br> **Division** | **PIMCO VIT Dynamic Bond** <br> **Division** | **PIMCO VIT** <br> **Emerging Markets Bond** <br> **Division** | **PIMCO VIT** <br> **Emerging Markets Bond** <br> **Division** | **TAP 1919 Variable Socially** <br> **Responsive Balanced** <br> **Division** | **TAP 1919 Variable Socially** <br> **Responsive Balanced** <br> **Division** |
|  | **2022** | **2021** | **2022** | **2021** | **2022** | **2021** |
| Units beginning of year | 1880 | 3381 | 3430 | 4012 | 1085 | 4540 |
| Units issued and transferred<br>from other funding options | 12 | 62 | 96 | 156 |  |  |
| Units redeemed and transferred to <br>other funding options | (708) | (1563) | (1851) | (738) |  | (3455) |
| Units end of year | 1184 | 1880 | 1675 | 3430 | 1085 | 1085 |

---

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**8. FINANCIAL HIGHLIGHTS**

The Company sells a number of variable annuity products which have unique combinations of features and fees, some of which directly affect the unit values of the Divisions. Differences in the fee structures result in a variety of unit values, expense ratios, and total returns.

The following table is a summary of unit values and units outstanding for the Contracts, net assets, net investment income ratios, expense ratios, excluding expenses for the underlying fund, series, or portfolio, and total return ratios for the respective stated periods in the five years ended December 31, 2022:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **As of December 31** | **As of December 31** | **As of December 31** | **For the year ended December 31** | **For the year ended December 31** | **For the year ended December 31** |
| | | **Units** | **Unit Value<br>Lowest to<br>Highest ($)** | **Net<br>Assets ($)** | **Investment<sup>1</sup><br>Income<br>Ratio (%)** | **Expense Ratio<sup>2</sup><br>Lowest to<br>Highest (%)** | **Total Return<sup>3</sup><br>Lowest to<br>Highest (%)** |
| American Funds<sup>®</sup> Global | 2022 | 20927 | 7.78 | 162720 | 0.61 | 0.90 | (25.41) |
| Growth Division | 2021 | 26203 | 10.43 | 273167 | 0.33 | 0.90 | 15.38 |
|  | 2020 | 31184 | 9.04 | 281770 | 0.35 | 0.90 | 29.29 |
|  | 2019 | 34762 | 6.99 | 242935 | 1.14 | 0.90 | 34.06 |
|  | 2018 | 48260 | 5.21 | 251565 | 0.60 | 0.90 | (9.86) |
| American Funds<sup>®</sup> Global | 2022 | 6302361 | 4.63 - 57.13 | 297344865 |  | 0.50 - 2.50 | (31.29) - (30.01) |
| Small Capitalization Division | 2021 | 6543370 | 6.68 - 81.70 | 443145956 |  | 0.50 - 2.50 | 4.10 - 6.05 |
|  | 2020 | 7379440 | 6.36 - 77.12 | 474942195 | 0.17 | 0.50 - 2.50 | 26.51 - 28.88 |
|  | 2019 | 8707173 | 4.98 - 59.90 | 437123606 | 0.15 | 0.50 - 2.50 | 28.27 - 30.67 |
|  | 2018 | 10120809 | 3.85 - 45.89 | 391323313 | 0.08 | 0.50 - 2.50 | (12.77) - (11.13) |
| American Funds<sup>®</sup> Growth | 2022 | 1852516 | 2.84 - 692.89 | 873280583 | 0.31 | 0.50 - 2.35 | (31.56) - (30.46) |
| Division | 2021 | 1983543 | 4.12 - 996.38 | 1359475833 | 0.21 | 0.50 - 2.35 | 19.16 - 21.08 |
|  | 2020 | 2243998 | 3.43 - 822.93 | 1297004971 | 0.32 | 0.50 - 2.35 | 48.54 - 50.94 |
|  | 2019 | 2560095 | 2.30 - 545.20 | 1023148092 | 0.73 | 0.50 - 2.35 | 27.74 - 29.80 |
|  | 2018 | 2922123 | 1.79 - 420.04 | 911540508 | 0.42 | 0.50 - 2.35 | (2.58) - (1.00) |
| American Funds<sup>®</sup> | 2022 | 2009212 | 28.12 - 391.51 | 590162234 | 1.24 | 0.50 - 2.35 | (18.43) - (17.12) |
| Growth-Income Division | 2021 | 2276122 | 34.22 - 472.35 | 808908049 | 1.10 | 0.50 - 2.35 | 21.21 - 23.17 |
|  | 2020 | 2655428 | 28.02 - 383.50 | 766106526 | 1.35 | 0.50 - 2.35 | 10.90 - 12.69 |
|  | 2019 | 2980149 | 25.08 - 340.30 | 767275578 | 1.62 | 0.50 - 2.35 | 23.21 - 25.19 |
|  | 2018 | 3405907 | 20.20 - 271.82 | 704784793 | 1.35 | 0.50 - 2.35 | (4.08) - (2.52) |
| American Funds<sup>®</sup> The Bond | 2022 | 3563015 | 1.01 - 21.68 | 62514765 | 2.81 | 0.50 - 2.10 | (14.39) - (13.14) |
| Fund of America Division | 2021 | 4106274 | 1.17 - 24.96 | 83591263 | 1.40 | 0.50 - 2.10 | (2.38) - (0.95) |
|  | 2020 | 4240005 | 1.19 - 25.20 | 87818399 | 2.17 | 0.50 - 2.10 | 7.45 - 9.02 |
|  | 2019 | 4042100 | 1.09 - 23.11 | 77224066 | 2.59 | 0.50 - 2.10 | 7.09 - 8.65 |
|  | 2018 | 4211306 | 1.01 - 21.27 | 74861593 | 2.31 | 0.50 - 2.15 | (2.84) - (1.36) |
| BHFTI AB Global Dynamic | 2022 | 59399619 | 12.12 - 13.62 | 797530989 | 4.28 | 1.10 - 2.10 | (22.08) - (21.30) |
| Allocation Division | 2021 | 67331765 | 15.55 - 17.30 | 1149682505 | 0.22 | 1.10 - 2.10 | 7.01 - 8.08 |
|  | 2020 | 78219417 | 14.53 - 16.01 | 1236443892 | 1.77 | 1.10 - 2.10 | 3.88 - 4.92 |
|  | 2019 | 89425360 | 13.99 - 15.26 | 1348392149 | 3.46 | 1.10 - 2.10 | 15.62 - 16.78 |
|  | 2018 | 102653570 | 12.10 - 13.07 | 1327086693 | 1.66 | 1.10 - 2.10 | (8.91) - (7.99) |
| BHFTI Allspring Mid Cap | 2022 | 3075 | 35.42 - 38.89 | 114557 | 0.49 | 1.10 - 1.60 | (6.47) - (6.00) |
| Value Division | 2021 | 6264 | 37.87 - 41.38 | 248627 | 0.63 | 1.10 - 1.60 | 26.90 - 27.54 |
|  | 2020 | 7353 | 29.85 - 32.44 | 229968 | 0.89 | 1.10 - 1.60 | 1.08 - 1.59 |
|  | 2019 | 11942 | 29.53 - 31.93 | 368958 | 0.66 | 1.10 - 1.60 | 33.38 - 34.05 |
|  | 2018 | 12534 | 22.14 - 23.82 | 289513 | 0.97 | 1.10 - 1.60 | (14.68) - (14.24) |
| BHFTI American Funds<sup>®</sup> | 2022 | 32015131 | 1.84 - 21.03 | 587177966 | 1.41 | 0.50 - 2.10 | (18.49) - (17.07) |
| Balanced Allocation Division | 2021 | 35523223 | 2.24 - 25.36 | 792659669 | 1.18 | 0.50 - 2.10 | 9.81 - 11.82 |
|  | 2020 | 40375709 | 2.03 - 22.68 | 813811656 | 1.72 | 0.50 - 2.10 | 13.16 - 15.09 |
|  | 2019 | 45337707 | 1.77 - 19.71 | 800925855 | 1.80 | 0.50 - 2.10 | 17.04 - 19.11 |
|  | 2018 | 51701013 | 1.50 - 16.55 | 773156170 | 1.46 | 0.50 - 2.10 | (6.31) - (4.58) |

---

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**8. FINANCIAL HIGHLIGHTS — (Continued)**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **As of December 31** | **As of December 31** | **As of December 31** | **For the year ended December 31** | **For the year ended December 31** | **For the year ended December 31** |
| | | **Units** | **Unit Value<br>Lowest to<br>Highest ($)** | **Net<br>Assets ($)** | **Investment<sup>1</sup><br>Income<br>Ratio (%)** | **Expense Ratio<sup>2</sup><br>Lowest to<br>Highest (%)** | **Total Return<sup>3</sup><br>Lowest to<br>Highest (%)** |
| BHFTI American Funds<sup>®</sup> | 2022 | 18373647 | 2.02 - 22.58 | 369378870 | 1.07 | 0.50 - 2.15 | (20.25) - (18.93) |
| Growth Allocation Division | 2021 | 20115537 | 2.51 - 27.85 | 502935505 | 0.81 | 0.50 - 2.15 | 13.44 - 15.33 |
|  | 2020 | 21672182 | 2.20 - 24.15 | 473694389 | 1.56 | 0.50 - 2.15 | 14.43 - 16.34 |
|  | 2019 | 23820328 | 1.90 - 20.76 | 451501018 | 1.68 | 0.50 - 2.15 | 21.01 - 23.02 |
|  | 2018 | 25965628 | 1.56 - 16.87 | 403169471 | 1.21 | 0.50 - 2.15 | (7.78) - (6.24) |
| BHFTI American Funds<sup>®</sup> | 2022 | 7287992 | 3.17 - 32.45 | 225213085 | 0.55 | 0.95 - 2.25 | (31.71) - (30.82) |
| Growth Division | 2021 | 7703185 | 4.59 - 46.90 | 344916945 |  | 0.95 - 2.25 | 18.92 - 20.47 |
|  | 2020 | 10039904 | 3.82 - 38.93 | 374416489 | 0.84 | 0.95 - 2.25 | 48.25 - 50.20 |
|  | 2019 | 13396429 | 2.55 - 25.92 | 333656449 | 0.44 | 0.95 - 2.25 | 27.44 - 29.11 |
|  | 2018 | 16299179 | 1.98 - 20.08 | 315250770 | 0.39 | 0.95 - 2.25 | (2.73) - (1.44) |
| BHFTI American Funds<sup>®</sup> | 2022 | 33094562 | 1.67 - 18.63 | 551584025 | 1.73 | 0.50 - 2.10 | (16.40) - (15.05) |
| Moderate Allocation Division | 2021 | 37338886 | 2.08 - 21.93 | 738578220 | 1.54 | 0.50 - 2.10 | 7.36 - 9.09 |
|  | 2020 | 42632501 | 1.91 - 20.11 | 778574010 | 1.89 | 0.50 - 2.10 | 10.64 - 12.43 |
|  | 2019 | 48048192 | 1.71 - 17.88 | 786219704 | 1.98 | 0.50 - 2.10 | 13.74 - 15.58 |
|  | 2018 | 54921254 | 1.48 - 15.47 | 782649526 | 1.73 | 0.50 - 2.10 | (5.43) - (3.90) |
| BHFTI BlackRock Global | 2022 | 77906238 | 11.85 - 13.32 | 1022437228 | 2.31 | 1.10 - 2.10 | (20.57) - (19.77) |
| Tactical Strategies Division | 2021 | 88958635 | 14.92 - 16.60 | 1456631240 | 1.36 | 1.10 - 2.10 | 7.51 - 8.59 |
|  | 2020 | 103549645 | 13.87 - 15.28 | 1562480869 | 1.58 | 1.10 - 2.10 | 2.14 - 3.17 |
|  | 2019 | 117923351 | 13.58 - 14.82 | 1726223549 | 0.19 | 1.10 - 2.10 | 18.12 - 19.31 |
|  | 2018 | 135196017 | 11.50 - 12.42 | 1660961194 | 1.42 | 1.10 - 2.10 | (9.12) - (8.20) |
| BHFTI BlackRock High Yield | 2022 | 27293 | 3.60 - 34.11 | 225153 | 5.30 | 0.90 - 1.60 | (11.75) - (10.97) |
| Division | 2021 | 37764 | 4.05 - 38.46 | 374224 | 4.04 | 0.90 - 1.60 | 3.51 - 4.59 |
|  | 2020 | 48501 | 3.89 - 36.97 | 449845 | 5.34 | 0.90 - 1.60 | 5.80 - 6.79 |
|  | 2019 | 45780 | 3.65 - 34.77 | 449626 | 5.89 | 0.90 - 1.60 | 13.03 - 14.02 |
|  | 2018 | 36446 | 3.21 - 30.61 | 389657 | 4.97 | 0.90 - 1.60 | (4.42) - (3.46) |
| BHFTI Brighthouse Asset | 2022 | 7535971 | 2.71 - 49.73 | 208742838 | 1.45 | 0.50 - 2.00 | (21.73) - (20.55) |
| Allocation 100 Division | 2021 | 7902518 | 3.43 - 62.92 | 278055934 | 1.20 | 0.50 - 2.00 | 15.79 - 17.54 |
|  | 2020 | 8453543 | 2.93 - 53.89 | 254598524 | 1.26 | 0.50 - 2.00 | 16.55 - 18.32 |
|  | 2019 | 9271704 | 2.49 - 45.81 | 237520246 | 1.63 | 0.50 - 2.05 | 24.90 - 26.85 |
|  | 2018 | 10018424 | 1.97 - 36.34 | 204491233 | 1.12 | 0.50 - 2.05 | (11.90) - (10.52) |
| BHFTI Brighthouse Balanced | 2022 | 143748307 | 13.92 - 15.74 | 2228950822 | 2.44 | 1.10 - 2.15 | (23.47) - (22.66) |
| Plus Division | 2021 | 164181154 | 18.19 - 20.35 | 3294483428 | 2.32 | 1.10 - 2.15 | 5.26 - 6.37 |
|  | 2020 | 189208847 | 17.28 - 19.13 | 3572331763 | 2.35 | 1.10 - 2.15 | 10.12 - 11.29 |
|  | 2019 | 212617604 | 15.69 - 17.19 | 3610425443 | 2.03 | 1.10 - 2.15 | 20.94 - 22.21 |
|  | 2018 | 237803627 | 12.98 - 14.07 | 3308331916 | 1.67 | 1.10 - 2.15 | (9.34) - (8.38) |
| BHFTI Brighthouse Small Cap | 2022 | 416977 | 4.15 - 45.07 | 16182500 | 0.61 | 0.50 - 1.55 | (14.43) - (13.53) |
| Value Division | 2021 | 449964 | 4.82 - 52.11 | 20325098 | 0.83 | 0.50 - 1.55 | 29.74 - 31.11 |
|  | 2020 | 492592 | 3.69 - 39.75 | 17064278 | 1.34 | 0.50 - 1.55 | (2.11) - (1.07) |
|  | 2019 | 507130 | 3.74 - 40.18 | 17894741 | 0.89 | 0.50 - 1.60 | 26.73 - 28.13 |
|  | 2018 | 568395 | 2.93 - 31.36 | 15380952 | 1.04 | 0.50 - 1.60 | (16.59) - (15.66) |
| BHFTI Brighthouse/abrdn | 2022 | 2809473 | 1.19 - 11.27 | 29791833 | 0.73 | 0.90 - 2.25 | (27.46) - (26.24) |
| Emerging Markets Equity | 2021 | 2787968 | 1.61 - 15.34 | 40417620 | 0.17 | 0.90 - 2.25 | (7.18) - (5.66) |
| Division | 2020 | 3047927 | 1.70 - 16.31 | 47234562 | 2.07 | 0.90 - 2.25 | 24.46 - 26.53 |
|  | 2019 | 3782564 | 1.35 - 12.93 | 46669817 | 1.65 | 0.90 - 2.25 | 18.06 - 19.90 |
|  | 2018 | 4595166 | 1.12 - 10.81 | 47553441 | 2.60 | 0.90 - 2.25 | (16.10) - (14.69) |

---

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**8. FINANCIAL HIGHLIGHTS — (Continued)**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **As of December 31** | **As of December 31** | **As of December 31** | **For the year ended December 31** | **For the year ended December 31** | **For the year ended December 31** |
| | | **Units** | **Unit Value<br>Lowest to<br>Highest ($)** | **Net<br>Assets ($)** | **Investment<sup>1</sup><br>Income<br>Ratio (%)** | **Expense Ratio<sup>2</sup><br>Lowest to<br>Highest (%)** | **Total Return<sup>3</sup><br>Lowest to<br>Highest (%)** |
| BHFTI Brighthouse/Eaton | 2022 | 1425110 | 11.50 - 12.89 | 17729471 | 3.52 | 1.10 - 2.00 | (3.55) - (2.68) |
| Vance Floating Rate Division | 2021 | 1540034 | 11.92 - 13.24 | 19666389 | 3.17 | 1.10 - 2.00 | 1.45 - 2.37 |
|  | 2020 | 1594088 | 11.75 - 12.94 | 19938279 | 4.67 | 1.10 - 2.00 | 0.04 - 0.94 |
|  | 2019 | 2151505 | 11.69 - 12.81 | 26783935 | 4.58 | 1.10 - 2.05 | 4.86 - 5.86 |
|  | 2018 | 2481218 | 11.15 - 12.11 | 29267597 | 3.53 | 1.10 - 2.05 | (1.74) - (0.79) |
| BHFTI Brighthouse/Franklin | 2022 | 5611805 | 8.87 - 10.57 | 54277970 | 2.72 | 0.50 - 2.00 | (6.62) - (5.21) |
| Low Duration Total Return | 2021 | 6579388 | 9.50 - 11.15 | 67677469 | 1.86 | 0.50 - 2.00 | (1.70) - (0.22) |
| Division | 2020 | 6584220 | 9.66 - 11.17 | 68394975 | 3.39 | 0.50 - 2.00 | 0.10 - 1.61 |
|  | 2019 | 7151707 | 9.65 - 11.00 | 73642877 | 3.32 | 0.50 - 2.00 | 2.56 - 4.11 |
|  | 2018 | 7585943 | 9.23 - 10.56 | 75568731 | 1.77 | 0.50 - 2.25 | (1.81) - (0.07) |
| BHFTI Brighthouse/Templeton | 2022 | 331156 | 9.72 - 10.77 | 3433306 |  | 0.95 - 1.70 | (6.24) - (5.53) |
| International Bond Division | 2021 | 414855 | 10.36 - 11.40 | 4563951 |  | 0.95 - 1.70 | (6.61) - (5.91) |
|  | 2020 | 421632 | 10.71 - 12.11 | 4944012 | 6.25 | 0.95 - 2.00 | (7.78) - (6.80) |
|  | 2019 | 432512 | 11.62 - 13.00 | 5449838 | 8.38 | 0.95 - 2.00 | (0.84) - 0.21 |
|  | 2018 | 489079 | 11.71 - 12.97 | 6165086 |  | 0.95 - 2.00 | (1.01) - 0.04 |
| BHFTI  | 2022 | 6374312 | 3.30 - 697.93 | 644887319 | 0.70 | 0.00 - 2.50 | (21.14) - (18.96) |
| Brighthouse/Wellington Large | 2021 | 7052462 | 4.12 - 861.21 | 889105237 | 0.84 | 0.00 - 2.50 | 21.13 - 24.48 |
| Cap Research Division | 2020 | 7965776 | 3.34 - 691.83 | 805727887 | 1.11 | 0.00 - 2.50 | 19.31 - 22.37 |
|  | 2019 | 8991065 | 2.76 - 565.38 | 741294779 | 1.12 | 0.00 - 2.50 | 28.77 - 32.17 |
|  | 2018 | 10177126 | 2.12 - 427.76 | 636225847 | 1.00 | 0.00 - 2.50 | (8.49) - (6.08) |
| BHFTI CBRE Global Real | 2022 | 6127028 | 2.22 - 23.93 | 126167563 | 4.12 | 0.50 - 2.25 | (26.66) - (25.20) |
| Estate Division | 2021 | 6612118 | 2.99 - 32.07 | 183528774 | 2.89 | 0.50 - 2.25 | 31.43 - 33.83 |
|  | 2020 | 7956916 | 2.24 - 23.97 | 166520792 | 4.52 | 0.50 - 2.25 | (7.14) - (5.40) |
|  | 2019 | 8161374 | 2.38 - 25.37 | 182528745 | 3.08 | 0.50 - 2.25 | 22.03 - 24.29 |
|  | 2018 | 9504197 | 1.93 - 20.43 | 172053744 | 5.96 | 0.50 - 2.25 | (10.69) - (8.95) |
| BHFTI Harris Oakmark | 2022 | 9977513 | 2.85 - 33.96 | 286002102 | 2.20 | 0.50 - 2.25 | (17.87) - (16.42) |
| International Division | 2021 | 11034401 | 3.43 - 40.64 | 379548585 | 0.65 | 0.50 - 2.25 | 6.03 - 7.96 |
|  | 2020 | 13069949 | 3.19 - 37.66 | 418249872 | 3.30 | 0.50 - 2.25 | 2.77 - 4.68 |
|  | 2019 | 13819826 | 3.06 - 36.01 | 425579613 | 2.21 | 0.50 - 2.25 | 21.75 - 24.03 |
|  | 2018 | 15932818 | 2.48 - 29.06 | 398451152 | 1.72 | 0.50 - 2.25 | (25.67) - (24.23) |
| BHFTI Invesco Balanced-Risk | 2022 | 255386549 | 1.23 - 1.35 | 342320387 | 6.17 | 1.15 - 2.00 | (14.14) - (13.41) |
| Allocation Division | 2021 | 271882939 | 1.44 - 1.56 | 420943457 | 3.04 | 1.15 - 2.00 | 7.52 - 8.44 |
|  | 2020 | 305812256 | 1.34 - 1.44 | 436657575 | 5.45 | 1.15 - 2.00 | 7.95 - 8.87 |
|  | 2019 | 351901497 | 1.24 - 13.34 | 461843455 |  | 1.10 - 2.00 | 13.00 - 14.02 |
|  | 2018 | 401048107 | 1.10 - 11.70 | 462317377 | 1.17 | 1.10 - 2.00 | (8.30) - (7.46) |
| BHFTI Invesco Comstock | 2022 | 4010 | 2.03 - 30.20 | 14227 | 1.77 | 0.90 - 1.35 | (0.71) - (0.26) |
| Division | 2021 | 4394 | 2.04 - 30.34 | 17943 | 1.03 | 0.90 - 1.35 | 31.40 - 31.99 |
|  | 2020 | 6488 | 1.54 - 23.03 | 54656 | 2.16 | 0.90 - 1.35 | (1.84) - (1.40) |
|  | 2019 | 6188 | 1.56 - 23.40 | 57870 | 2.13 | 0.90 - 1.35 | 23.28 - 23.84 |
|  | 2018 | 6957 | 1.26 - 18.94 | 49587 | 0.65 | 0.90 - 1.35 | (13.34) - (12.95) |
| BHFTI Invesco Global Equity | 2022 | 12284432 | 1.60 - 57.03 | 183035203 |  | 0.00 - 2.15 | (33.26) - (31.70) |
| Division | 2021 | 12898558 | 2.36 - 66.07 | 286660569 | 0.06 | 0.50 - 2.25 | 12.90 - 15.01 |
|  | 2020 | 13483627 | 2.07 - 57.62 | 281517566 | 0.77 | 0.50 - 2.15 | 24.93 - 27.09 |
|  | 2019 | 15182482 | 1.63 - 45.47 | 261214721 | 0.91 | 0.50 - 2.15 | 28.83 - 31.06 |
|  | 2018 | 16358866 | 1.25 - 34.80 | 226269164 | 1.10 | 0.50 - 2.15 | (14.96) - (13.53) |

---

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**8. FINANCIAL HIGHLIGHTS — (Continued)**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **As of December 31** | **As of December 31** | **As of December 31** | **For the year ended December 31** | **For the year ended December 31** | **For the year ended December 31** |
| | | **Units** | **Unit Value<br>Lowest to<br>Highest ($)** | **Net<br>Assets ($)** | **Investment<sup>1</sup><br>Income<br>Ratio (%)** | **Expense Ratio<sup>2</sup><br>Lowest to<br>Highest (%)** | **Total Return<sup>3</sup><br>Lowest to<br>Highest (%)** |
| BHFTI Invesco Small Cap | 2022 | 1052061 | 4.06 - 48.62 | 42465874 |  | 0.50 - 2.25 | (36.59) - (35.47) |
| Growth Division | 2021 | 1160106 | 6.34 - 75.35 | 73101402 |  | 0.50 - 2.25 | 4.55 - 6.40 |
|  | 2020 | 1205933 | 6.01 - 70.81 | 71253289 |  | 0.50 - 2.15 | 53.58 - 55.98 |
|  | 2019 | 1335510 | 3.89 - 45.40 | 51053864 |  | 0.50 - 2.15 | 21.80 - 23.79 |
|  | 2018 | 1509587 | 3.17 - 36.68 | 47102731 |  | 0.50 - 2.25 | (11.08) - (9.50) |
| BHFTI JPMorgan Core Bond | 2022 | 4617391 | 9.50 - 10.93 | 49423341 | 2.45 | 1.10 - 2.00 | (14.59) - (13.82) |
| Division | 2021 | 5727534 | 11.05 - 12.69 | 71214221 | 2.31 | 1.10 - 2.00 | (3.41) - (2.54) |
|  | 2020 | 5908327 | 11.14 - 13.02 | 75426695 | 3.23 | 1.10 - 2.00 | 5.75 - 6.71 |
|  | 2019 | 6207730 | 10.49 - 12.21 | 74354984 | 4.54 | 1.10 - 2.05 | 6.02 - 7.03 |
|  | 2018 | 7254348 | 9.85 - 11.41 | 81327656 | 2.73 | 1.10 - 2.05 | (2.02) - (1.08) |
| BHFTI JPMorgan Global | 2022 | 351192454 | 1.35 - 14.92 | 516956283 | 2.48 | 1.10 - 2.05 | (19.22) - (18.45) |
| Active Allocation Division | 2021 | 402997702 | 1.67 - 18.29 | 727927972 | 0.49 | 1.10 - 2.05 | 7.41 - 8.44 |
|  | 2020 | 462254239 | 1.55 - 16.87 | 770639003 | 2.30 | 1.10 - 2.05 | 9.94 - 11.00 |
|  | 2019 | 534476737 | 1.41 - 15.20 | 803699960 | 2.74 | 1.10 - 2.05 | 14.54 - 15.63 |
|  | 2018 | 605342000 | 1.23 - 13.14 | 788207295 | 1.62 | 1.10 - 2.05 | (9.08) - (8.21) |
| BHFTI JPMorgan Small Cap | 2022 | 512320 | 3.17 - 29.31 | 14322001 | 0.86 | 0.90 - 2.05 | (15.25) - (13.99) |
| Value Division | 2021 | 600320 | 3.69 - 34.26 | 19297008 | 0.96 | 0.90 - 2.05 | 30.05 - 31.82 |
|  | 2020 | 768068 | 2.80 - 26.10 | 18968277 | 1.20 | 0.90 - 2.00 | 4.01 - 5.39 |
|  | 2019 | 808325 | 2.65 - 24.86 | 18936921 | 1.09 | 0.90 - 2.05 | 16.73 - 18.46 |
|  | 2018 | 876517 | 2.24 - 21.10 | 17643222 | 1.08 | 0.90 - 2.05 | (15.67) - (14.54) |
| BHFTI Loomis Sayles Global | 2022 | 3039436 | 2.11 - 25.62 | 72766561 |  | 0.50 - 2.00 | (24.82) - (23.68) |
| Allocation Division | 2021 | 3349302 | 2.79 - 33.77 | 105733405 | 0.83 | 0.50 - 2.00 | 12.00 - 13.69 |
|  | 2020 | 3759111 | 2.47 - 29.88 | 105220386 | 0.69 | 0.50 - 2.00 | 12.51 - 14.21 |
|  | 2019 | 4334728 | 2.18 - 26.32 | 107109800 | 1.49 | 0.50 - 2.05 | 24.94 - 26.89 |
|  | 2018 | 4983673 | 1.73 - 20.87 | 98196428 | 1.86 | 0.50 - 2.25 | (7.50) - (5.86) |
| BHFTI Loomis Sayles Growth | 2022 | 12622181 | 2.14 - 494.57 | 315672632 |  | 0.50 - 2.25 | (29.60) - (28.33) |
| Division | 2021 | 13754696 | 3.01 - 690.34 | 480887272 | 0.03 | 0.50 - 2.25 | 15.64 - 17.89 |
|  | 2020 | 16516881 | 2.57 - 586.63 | 486587823 | 0.65 | 0.50 - 2.25 | 29.28 - 31.68 |
|  | 2019 | 21007586 | 1.97 - 445.88 | 467060137 | 0.84 | 0.50 - 2.25 | 20.82 - 23.03 |
|  | 2018 | 24657864 | 1.61 - 362.64 | 444649592 | 0.61 | 0.50 - 2.25 | (9.14) - (7.41) |
| BHFTI MetLife Multi-Index | 2022 | 385763197 | 1.26 - 13.92 | 530165527 | 1.80 | 0.90 - 2.10 | (22.73) - (21.80) |
| Targeted Risk Division | 2021 | 439723634 | 1.63 - 17.83 | 774902087 | 1.76 | 0.90 - 2.10 | 7.44 - 8.73 |
|  | 2020 | 511620263 | 1.51 - 16.43 | 831657042 | 2.19 | 0.90 - 2.10 | 4.34 - 5.60 |
|  | 2019 | 572965706 | 1.45 - 15.59 | 884702376 | 2.14 | 0.90 - 2.10 | 19.18 - 20.62 |
|  | 2018 | 638887551 | 1.22 - 12.95 | 820528591 | 1.75 | 0.90 - 2.10 | (9.12) - (8.02) |
| BHFTI MFS<sup>®</sup> Research | 2022 | 6523996 | 2.08 - 24.75 | 125419892 | 1.89 | 0.50 - 2.15 | (19.20) - (17.98) |
| International Division | 2021 | 7162727 | 2.56 - 30.18 | 168979566 | 1.01 | 0.50 - 2.15 | 9.42 - 11.16 |
|  | 2020 | 8036159 | 2.32 - 27.15 | 172621221 | 2.31 | 0.50 - 2.15 | 10.65 - 12.45 |
|  | 2019 | 8765910 | 2.08 - 24.14 | 168375370 | 1.41 | 0.50 - 2.15 | 25.74 - 27.67 |
|  | 2018 | 10106842 | 1.64 - 18.92 | 153947912 | 2.02 | 0.50 - 2.25 | (15.92) - (14.43) |
| BHFTI Morgan Stanley | 2022 | 8637553 | 2.91 - 36.21 | 271897111 |  | 0.50 - 2.25 | (63.36) - (62.71) |
| Discovery Division | 2021 | 8569702 | 7.86 - 97.09 | 729134205 |  | 0.50 - 2.25 | (12.77) - (11.22) |
|  | 2020 | 9587827 | 8.93 - 109.37 | 920192712 |  | 0.50 - 2.25 | 147.48 - 151.85 |
|  | 2019 | 11049927 | 3.58 - 43.43 | 423750247 |  | 0.50 - 2.25 | 37.01 - 39.43 |
|  | 2018 | 12304050 | 2.59 - 31.15 | 340007433 |  | 0.50 - 2.25 | 7.69 - 9.60 |

---

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**8. FINANCIAL HIGHLIGHTS — (Continued)**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **As of December 31** | **As of December 31** | **As of December 31** | **For the year ended December 31** | **For the year ended December 31** | **For the year ended December 31** |
| | | **Units** | **Unit Value<br>Lowest to<br>Highest ($)** | **Net<br>Assets ($)** | **Investment<sup>1</sup><br>Income<br>Ratio (%)** | **Expense Ratio<sup>2</sup><br>Lowest to<br>Highest (%)** | **Total Return<sup>3</sup><br>Lowest to<br>Highest (%)** |
| BHFTI PanAgora Global | 2022 | 580490601 | 1.04 - 11.29 | 643605338 | 16.96 | 1.10 - 2.00 | (27.13) - (26.47) |
| Diversified Risk Division | 2021 | 61606271 | 1.42 - 1.52 | 92948445 |  | 1.15 - 2.00 | 4.29 - 5.18 |
|  | 2020 | 67636602 | 1.36 - 1.44 | 97068610 | 3.14 | 1.15 - 2.00 | 9.63 - 10.57 |
|  | 2019 | 64915547 | 1.24 - 1.31 | 84293104 | 3.24 | 1.15 - 2.00 | 19.58 - 20.60 |
|  | 2018 | 67228731 | 1.04 - 1.08 | 72446308 |  | 1.15 - 2.00 | (9.43) - (8.65) |
| BHFTI PanAgora Global | 2022 |  | 11.74 - 13.27 |  |  | 1.10 - 2.05 | (11.26) - (10.99) |
| Diversified Risk II Division  | 2021 | 60263509 | 13.19 - 14.91 | 886250834 |  | 1.10 - 2.05 | 10.36 - 11.41 |
| (Closed 4/29/2022) | 2020 | 70369642 | 11.86 - 13.38 | 929413643 | 2.35 | 1.10 - 2.05 | 0.93 - 1.89 |
|  | 2019 | 79861505 | 11.66 - 13.13 | 1036049545 | 2.95 | 1.10 - 2.05 | 17.48 - 18.61 |
|  | 2018 | 91641725 | 9.84 - 11.07 | 1003736398 | 0.38 | 1.10 - 2.05 | (8.26) - (7.38) |
| BHFTI PIMCO Inflation | 2022 | 16020300 | 1.09 - 18.51 | 250254578 | 6.26 | 0.50 - 2.15 | (13.75) - (12.17) |
| Protected Bond Division | 2021 | 18836529 | 1.24 - 21.07 | 337008189 | 0.73 | 0.50 - 2.15 | 3.18 - 4.93 |
|  | 2020 | 19226114 | 1.18 - 20.08 | 330502638 | 2.68 | 0.50 - 2.15 | 9.16 - 11.13 |
|  | 2019 | 20971534 | 1.07 - 18.07 | 327258585 | 3.41 | 0.50 - 2.15 | 5.97 - 7.79 |
|  | 2018 | 23939621 | 0.99 - 16.77 | 349179155 | 1.60 | 0.50 - 2.25 | (4.59) - (2.76) |
| BHFTI PIMCO Total Return | 2022 | 28080302 | 1.71 - 20.61 | 485365597 | 2.96 | 0.50 - 2.25 | (16.46) - (14.89) |
| Division | 2021 | 32619518 | 2.03 - 24.24 | 667326755 | 1.84 | 0.50 - 2.25 | (3.59) - (1.77) |
|  | 2020 | 34236760 | 2.09 - 24.71 | 715365209 | 3.69 | 0.50 - 2.25 | 6.09 - 8.12 |
|  | 2019 | 36674056 | 1.95 - 22.89 | 715395370 | 2.93 | 0.50 - 2.25 | 6.05 - 7.98 |
|  | 2018 | 41842651 | 1.82 - 21.21 | 757914158 | 1.39 | 0.50 - 2.25 | (2.46) - (0.62) |
| BHFTI Schroders Global | 2022 | 332465034 | 1.22 - 13.63 | 446173171 | 1.40 | 0.90 - 2.10 | (21.83) - (20.89) |
| Multi-Asset Division | 2021 | 381747388 | 1.56 - 17.27 | 649441142 | 0.32 | 0.90 - 2.10 | 9.11 - 10.42 |
|  | 2020 | 455182622 | 1.43 - 15.67 | 703341582 | 1.77 | 0.90 - 2.10 | (0.02) - 1.19 |
|  | 2019 | 524050033 | 1.43 - 15.51 | 802843446 | 1.47 | 0.90 - 2.10 | 18.97 - 20.40 |
|  | 2018 | 601844418 | 1.21 - 12.91 | 768330201 | 1.66 | 0.90 - 2.10 | (11.32) - (6.23) |
| BHFTI SSGA Growth and | 2022 | 23115501 | 16.88 - 21.87 | 453319661 | 3.01 | 0.60 - 2.10 | (17.13) - (15.88) |
| Income ETF Division | 2021 | 26261154 | 20.37 - 26.00 | 616034159 | 1.77 | 0.60 - 2.10 | 11.02 - 12.70 |
|  | 2020 | 30781265 | 18.35 - 23.43 | 644690157 | 2.68 | 0.50 - 2.10 | 7.54 - 9.28 |
|  | 2019 | 35242960 | 17.06 - 21.44 | 680226971 | 2.33 | 0.50 - 2.10 | 17.12 - 19.01 |
|  | 2018 | 41641734 | 14.57 - 18.01 | 680006923 | 2.33 | 0.50 - 2.10 | (8.47) - (6.99) |
| BHFTI SSGA Growth ETF | 2022 | 4809272 | 18.07 - 23.82 | 101146274 | 2.77 | 0.50 - 2.10 | (17.62) - (16.29) |
| Division | 2021 | 5267322 | 21.93 - 28.45 | 133226796 | 1.45 | 0.50 - 2.10 | 15.16 - 17.02 |
|  | 2020 | 6011201 | 19.05 - 24.32 | 130804692 | 2.42 | 0.50 - 2.10 | 8.44 - 10.20 |
|  | 2019 | 6956479 | 17.56 - 22.07 | 138322296 | 1.97 | 0.50 - 2.10 | 19.90 - 21.83 |
|  | 2018 | 7753198 | 14.65 - 18.11 | 127430864 | 2.02 | 0.50 - 2.10 | (10.65) - (9.20) |
| BHFTI T. Rowe Price Large | 2022 | 12282 | 15.03 - 140.73 | 469865 | 1.87 | 0.90 - 1.60 | (6.65) - (6.00) |
| Cap Value Division | 2021 | 25963 | 15.99 - 150.00 | 731476 | 1.81 | 0.90 - 1.60 | 23.98 - 24.85 |
|  | 2020 | 28681 | 12.81 - 120.39 | 685939 | 3.00 | 0.90 - 1.60 | 1.23 - 1.95 |
|  | 2019 | 33084 | 12.57 - 118.33 | 725942 | 1.95 | 0.90 - 1.60 | 24.51 - 25.38 |
|  | 2018 | 20996 | 10.02 - 94.56 | 409218 | 1.80 | 0.90 - 1.60 | (10.61) - (9.98) |
| BHFTI T. Rowe Price Mid Cap | 2022 | 10811320 | 3.09 - 56.00 | 340891490 |  | 0.50 - 2.25 | (24.25) - (22.92) |
| Growth Division | 2021 | 12061669 | 4.04 - 72.79 | 496061829 |  | 0.50 - 2.25 | 12.42 - 14.41 |
|  | 2020 | 13981484 | 3.56 - 63.81 | 505414544 | 0.08 | 0.50 - 2.25 | 21.15 - 23.30 |
|  | 2019 | 16418378 | 2.91 - 51.83 | 484527095 | 0.08 | 0.50 - 2.25 | 28.15 - 30.41 |
|  | 2018 | 19059742 | 2.25 - 39.81 | 430092959 |  | 0.50 - 2.25 | (4.38) - (2.68) |

---

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**8. FINANCIAL HIGHLIGHTS — (Continued)**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **As of December 31** | **As of December 31** | **As of December 31** | **For the year ended December 31** | **For the year ended December 31** | **For the year ended December 31** |
| | | **Units** | **Unit Value<br>Lowest to<br>Highest ($)** | **Net<br>Assets ($)** | **Investment<sup>1</sup><br>Income<br>Ratio (%)** | **Expense Ratio<sup>2</sup><br>Lowest to<br>Highest (%)** | **Total Return<sup>3</sup><br>Lowest to<br>Highest (%)** |
| BHFTI TCW Core Fixed Income | 2022 | 1631 | 9.42 - 9.53 | 15515 | 0.91 | 1.20 - 1.35 | (15.52) - (15.39) |
| Division | 2021 | 4056 | 11.16 - 11.27 | 45391 | 1.34 | 1.20 - 1.35 | (2.66) - (2.52) |
|  | 2020 | 4573 | 11.46 - 11.56 | 52557 | 3.20 | 1.20 - 1.35 | 7.67 - 7.83 |
|  | 2019 | 22517 | 10.64 - 10.77 | 240520 | 3.06 | 1.10 - 1.35 | 6.94 - 7.20 |
|  | 2018 | 23865 | 9.95 - 10.01 | 238242 | 2.32 | 1.20 - 1.35 | (1.28) - (1.13) |
| BHFTI Victory Sycamore  | 2022 | 5395821 | 6.03 - 74.00 | 331206446 | 1.73 | 0.50 - 2.25 | (4.86) - (3.18) |
| Mid Cap Value Division | 2021 | 6175875 | 6.28 - 76.43 | 394481911 | 1.17 | 0.50 - 2.25 | 28.87 - 31.14 |
|  | 2020 | 7196575 | 4.83 - 58.28 | 351800764 | 1.51 | 0.50 - 2.25 | 5.24 - 7.10 |
|  | 2019 | 7872022 | 4.55 - 54.42 | 361807709 | 1.16 | 0.50 - 2.25 | 26.12 - 28.34 |
|  | 2018 | 9098703 | 3.57 - 42.40 | 327214056 | 0.64 | 0.50 - 2.25 | (12.16) - (10.60) |
| BHFTI Western Asset | 2022 | 24291400 | 9.09 - 10.16 | 244217321 | 2.27 | 1.15 - 2.10 | (16.45) - (15.65) |
| Management Government  | 2021 | 27345170 | 10.88 - 12.04 | 326125318 | 2.14 | 1.15 - 2.10 | (4.01) - (3.09) |
| Income Division | 2020 | 32375503 | 11.33 - 12.42 | 398349977 | 2.38 | 1.15 - 2.10 | 5.43 - 6.44 |
|  | 2019 | 32564019 | 10.75 - 11.67 | 376497264 | 2.73 | 1.15 - 2.10 | 5.26 - 6.26 |
|  | 2018 | 36441983 | 10.21 - 10.98 | 396922182 | 2.79 | 1.15 - 2.10 | (2.15) - (1.21) |
| BHFTII Baillie Gifford | 2022 | 4831928 | 1.81 - 22.33 | 85003047 | 1.02 | 0.95 - 2.10 | (30.22) - (29.27) |
| International Stock Division | 2021 | 5050419 | 2.57 - 31.57 | 126145494 | 0.86 | 0.95 - 2.10 | (2.97) - (1.69) |
|  | 2020 | 5562590 | 2.62 - 32.11 | 140886997 | 1.90 | 0.95 - 2.10 | 23.73 - 25.38 |
|  | 2019 | 6117346 | 2.10 - 25.61 | 123603248 | 1.23 | 0.95 - 2.15 | 29.75 - 31.57 |
|  | 2018 | 6925281 | 1.60 - 19.47 | 106646276 | 1.06 | 0.95 - 2.25 | (19.05) - (17.80) |
| BHFTII BlackRock Bond | 2022 | 5558204 | 6.51 - 82.59 | 260026298 | 2.75 | 0.50 - 2.25 | (16.26) - (14.70) |
| Income Division | 2021 | 6550596 | 7.69 - 96.92 | 361431935 | 2.62 | 0.50 - 2.25 | (2.90) - (1.08) |
|  | 2020 | 7023787 | 7.83 - 98.08 | 389186999 | 3.39 | 0.50 - 2.25 | 5.92 - 7.89 |
|  | 2019 | 7472189 | 7.31 - 90.99 | 384830691 | 3.61 | 0.50 - 2.25 | 7.12 - 9.12 |
|  | 2018 | 8252602 | 6.74 - 83.47 | 391693026 | 3.25 | 0.50 - 2.25 | (2.84) - (1.00) |
| BHFTII BlackRock Capital | 2022 | 3012995 | 8.85 - 105.16 | 133568070 |  | 0.50 - 2.25 | (39.14) - (38.01) |
| Appreciation Division | 2021 | 3306153 | 14.38 - 169.80 | 234988229 |  | 0.50 - 2.25 | 18.19 - 20.42 |
|  | 2020 | 3762727 | 12.02 - 141.17 | 230129341 |  | 0.50 - 2.25 | 37.18 - 39.75 |
|  | 2019 | 4262514 | 8.66 - 101.12 | 192688204 | 0.02 | 0.50 - 2.25 | 29.57 - 31.99 |
|  | 2018 | 4857860 | 6.61 - 76.69 | 170334155 | 0.01 | 0.50 - 2.25 | (0.11) - 1.76 |
| BHFTII BlackRock | 2022 | 2429057 | 2.29 - 24.61 | 33824637 |  | 0.90 - 2.15 | (0.87) - 0.54 |
| Ultra-Short Term Bond | 2021 | 2745802 | 2.29 - 24.56 | 37400746 | 0.10 | 0.90 - 2.00 | (2.42) - (1.09) |
| Division | 2020 | 3242202 | 2.33 - 24.90 | 47474049 | 1.72 | 0.90 - 2.00 | (1.80) - (0.47) |
|  | 2019 | 3255640 | 2.35 - 25.09 | 44981636 | 1.60 | 0.90 - 2.00 | (0.14) - 1.21 |
|  | 2018 | 3622610 | 2.33 - 24.87 | 50362897 | 0.78 | 0.90 - 2.15 | (0.52) - 0.89 |
| BHFTII Brighthouse Asset | 2022 | 12946063 | 1.67 - 17.96 | 203222616 | 3.12 | 0.50 - 2.15 | (14.54) - (13.12) |
| Allocation 20 Division | 2021 | 15403578 | 1.93 - 20.67 | 280143828 | 2.99 | 0.50 - 2.15 | 1.48 - 3.17 |
|  | 2020 | 17601429 | 1.88 - 20.04 | 311462767 | 2.81 | 0.50 - 2.15 | 7.18 - 8.97 |
|  | 2019 | 19652658 | 1.73 - 18.39 | 321894499 | 2.18 | 0.50 - 2.25 | 9.25 - 11.18 |
|  | 2018 | 22770094 | 1.57 - 16.54 | 335855273 | 2.19 | 0.50 - 2.25 | (4.79) - (3.10) |
| BHFTII Brighthouse Asset | 2022 | 33365258 | 1.94 - 20.84 | 603366834 | 2.60 | 0.50 - 2.15 | (15.67) - (14.27) |
| Allocation 40 Division | 2021 | 38513419 | 2.27 - 24.31 | 818808370 | 2.68 | 0.50 - 2.15 | 5.14 - 6.89 |
|  | 2020 | 43790060 | 2.14 - 22.74 | 875065802 | 2.69 | 0.50 - 2.15 | 8.67 - 10.48 |
|  | 2019 | 49796769 | 1.94 - 20.58 | 908735683 | 2.19 | 0.50 - 2.15 | 13.14 - 15.02 |
|  | 2018 | 57833464 | 1.69 - 17.89 | 925660947 | 2.01 | 0.50 - 2.25 | (6.54) - (4.88) |

---

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**8. FINANCIAL HIGHLIGHTS — (Continued)**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **As of December 31** | **As of December 31** | **As of December 31** | **For the year ended December 31** | **For the year ended December 31** | **For the year ended December 31** |
| | | **Units** | **Unit Value<br>Lowest to<br>Highest ($)** | **Net<br>Assets ($)** | **Investment<sup>1</sup><br>Income<br>Ratio (%)** | **Expense Ratio<sup>2</sup><br>Lowest to<br>Highest (%)** | **Total Return<sup>3</sup><br>Lowest to<br>Highest (%)** |
| BHFTII Brighthouse Asset | 2022 | 107112668 | 2.22 - 23.84 | 2227101315 | 2.15 | 0.50 - 2.15 | (17.13) - (15.75) |
| Allocation 60 Division | 2021 | 120826699 | 2.65 - 28.30 | 3004188035 | 2.12 | 0.50 - 2.15 | 8.55 - 10.35 |
|  | 2020 | 138788939 | 2.41 - 25.65 | 3132220695 | 2.21 | 0.50 - 2.15 | 11.42 - 13.28 |
|  | 2019 | 157596785 | 2.13 - 22.64 | 3165966352 | 1.96 | 0.50 - 2.15 | 16.88 - 18.83 |
|  | 2018 | 183867868 | 1.80 - 19.05 | 3131421270 | 1.66 | 0.50 - 2.15 | (8.13) - (6.60) |
| BHFTII Brighthouse Asset | 2022 | 56005775 | 2.47 - 26.52 | 1298523579 | 1.81 | 0.50 - 2.15 | (19.71) - (18.38) |
| Allocation 80 Division | 2021 | 61203569 | 3.04 - 32.49 | 1751110118 | 1.69 | 0.50 - 2.15 | 12.27 - 14.14 |
|  | 2020 | 68356199 | 2.67 - 28.47 | 1722419271 | 1.84 | 0.50 - 2.15 | 14.11 - 16.01 |
|  | 2019 | 76334895 | 2.31 - 24.54 | 1670394964 | 1.77 | 0.50 - 2.15 | 21.10 - 23.11 |
|  | 2018 | 85633821 | 1.89 - 19.93 | 1533821665 | 1.33 | 0.50 - 2.25 | (10.17) - (8.57) |
| BHFTII Brighthouse/Artisan | 2022 | 2714978 | 7.18 - 85.13 | 149107149 | 0.81 | 0.50 - 2.05 | (14.60) - (13.27) |
| Mid Cap Value Division | 2021 | 3074537 | 8.33 - 98.15 | 195847200 | 0.83 | 0.50 - 2.15 | 24.02 - 25.96 |
|  | 2020 | 3488897 | 6.65 - 77.92 | 178298975 | 0.84 | 0.50 - 2.05 | 3.82 - 5.45 |
|  | 2019 | 3807667 | 6.35 - 73.90 | 186211530 | 0.62 | 0.50 - 2.25 | 20.69 - 22.82 |
|  | 2018 | 4305631 | 5.20 - 60.16 | 171734105 | 0.49 | 0.50 - 2.25 | (15.36) - (13.85) |
| BHFTII  | 2022 | 192986 | 22.73 - 26.01 | 4901771 | 2.34 | 1.10 - 2.05 | (19.37) - (18.60) |
| Brighthouse/Dimensional  | 2021 | 217756 | 28.19 - 31.95 | 6805165 | 1.53 | 1.10 - 2.05 | 11.55 - 12.61 |
| International Small Company | 2020 | 256198 | 25.27 - 28.37 | 7124915 | 2.53 | 1.10 - 2.05 | 6.58 - 7.60 |
| Division | 2019 | 299239 | 23.71 - 26.37 | 7739398 | 1.03 | 1.10 - 2.05 | 20.54 - 21.69 |
|  | 2018 | 342338 | 19.67 - 21.67 | 7285386 | 2.54 | 1.10 - 2.05 | (22.18) - (21.44) |
| BHFTII  | 2022 | 6409020 | 1.80 - 111.07 | 461892147 | 1.69 | 0.90 - 2.15 | (19.02) - (17.82) |
| Brighthouse/Wellington  | 2021 | 7106175 | 2.20 - 135.22 | 629816680 | 1.81 | 0.90 - 2.15 | 11.44 - 13.00 |
| Balanced Division | 2020 | 7735328 | 1.96 - 119.71 | 610629506 | 2.19 | 0.90 - 2.15 | 15.03 - 16.67 |
|  | 2019 | 8451244 | 1.69 - 102.66 | 574717552 | 2.18 | 0.90 - 2.15 | 20.24 - 21.89 |
|  | 2018 | 9307629 | 1.40 - 84.26 | 521756898 | 1.73 | 0.90 - 2.15 | (5.93) - (4.63) |
| BHFTII  | 2022 | 5504979 | 10.61 - 125.78 | 429404884 | 1.28 | 0.50 - 2.25 | (7.41) - (5.69) |
| Brighthouse/Wellington  | 2021 | 6291202 | 11.33 - 133.49 | 531319660 | 1.25 | 0.50 - 2.25 | 21.35 - 23.62 |
| Core Equity Opportunities  | 2020 | 7259472 | 9.23 - 108.10 | 503780671 | 1.44 | 0.50 - 2.25 | 8.50 - 10.55 |
| Division | 2019 | 8239874 | 8.40 - 97.90 | 520632824 | 1.45 | 0.50 - 2.25 | 27.74 - 30.09 |
|  | 2018 | 9569314 | 6.51 - 75.31 | 471467558 | 1.58 | 0.50 - 2.25 | (2.58) - (0.74) |
| BHFTII Frontier Mid Cap | 2022 | 4128328 | 13.58 - 142.23 | 384728789 |  | 0.90 - 2.25 | (29.93) - (28.82) |
| Growth Division | 2021 | 4467854 | 19.09 - 199.82 | 586525681 |  | 0.90 - 2.25 | 11.84 - 13.60 |
|  | 2020 | 4933281 | 16.82 - 175.90 | 572542548 |  | 0.90 - 2.25 | 28.45 - 30.46 |
|  | 2019 | 5529994 | 12.90 - 134.83 | 494555658 |  | 0.90 - 2.25 | 29.88 - 31.88 |
|  | 2018 | 6195073 | 9.78 - 102.24 | 422776437 |  | 0.90 - 2.25 | (8.01) - (6.54) |
| BHFTII Jennison Growth | 2022 | 8359946 | 1.78 - 47.17 | 160933782 |  | 0.50 - 2.25 | (40.38) - (39.33) |
| Division | 2021 | 9073417 | 2.95 - 77.89 | 287427814 |  | 0.50 - 2.25 | 14.31 - 16.33 |
|  | 2020 | 10579883 | 2.55 - 67.11 | 289505068 | 0.06 | 0.50 - 2.25 | 52.89 - 55.59 |
|  | 2019 | 11874095 | 1.65 - 43.21 | 211338418 | 0.26 | 0.50 - 2.25 | 29.55 - 31.83 |
|  | 2018 | 13877939 | 1.26 - 32.84 | 185385848 | 0.17 | 0.50 - 2.25 | (2.13) - (0.39) |
| BHFTII Loomis Sayles Small | 2022 | 2155234 | 9.41 - 112.28 | 122718093 |  | 0.50 - 2.25 | (17.16) - (15.70) |
| Cap Core Division | 2021 | 2370989 | 11.23 - 133.19 | 163685620 | 0.03 | 0.50 - 2.25 | 18.94 - 21.04 |
|  | 2020 | 2707781 | 9.33 - 110.04 | 156522639 | 0.04 | 0.50 - 2.25 | 9.29 - 11.23 |
|  | 2019 | 3029622 | 8.44 - 98.93 | 157396600 | 0.01 | 0.50 - 2.25 | 22.44 - 24.60 |
|  | 2018 | 3400873 | 6.81 - 79.40 | 144075649 | 0.01 | 0.50 - 2.25 | (13.28) - (11.74) |

---

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**8. FINANCIAL HIGHLIGHTS — (Continued)**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **As of December 31** | **As of December 31** | **As of December 31** | **For the year ended December 31** | **For the year ended December 31** | **For the year ended December 31** |
| | | **Units** | **Unit Value<br>Lowest to<br>Highest ($)** | **Net<br>Assets ($)** | **Investment<sup>1</sup><br>Income<br>Ratio (%)** | **Expense Ratio<sup>2</sup><br>Lowest to<br>Highest (%)** | **Total Return<sup>3</sup><br>Lowest to<br>Highest (%)** |
| BHFTII Loomis Sayles Small | 2022 | 1483796 | 3.05 - 39.30 | 44445112 |  | 0.50 - 2.10 | (24.70) - (23.48) |
| Cap Growth Division | 2021 | 1695408 | 4.03 - 51.50 | 64952389 |  | 0.50 - 2.15 | 7.46 - 9.19 |
|  | 2020 | 1855495 | 3.72 - 47.26 | 66012877 |  | 0.50 - 2.15 | 31.25 - 33.37 |
|  | 2019 | 2127099 | 2.81 - 35.51 | 57340292 |  | 0.50 - 2.10 | 23.88 - 25.88 |
|  | 2018 | 2501161 | 2.25 - 28.26 | 54202419 |  | 0.50 - 2.15 | (1.82) - (0.22) |
| BHFTII MetLife Aggregate | 2022 | 42623860 | 1.56 - 19.20 | 687832716 | 2.63 | 0.50 - 2.25 | (15.24) - (13.65) |
| Bond Index Division | 2021 | 48385248 | 1.83 - 22.26 | 910569466 | 2.40 | 0.50 - 2.25 | (4.39) - (2.56) |
|  | 2020 | 48820793 | 1.89 - 22.87 | 949536445 | 2.67 | 0.50 - 2.25 | 4.63 - 6.52 |
|  | 2019 | 51794175 | 1.79 - 21.48 | 952097631 | 3.03 | 0.50 - 2.25 | 5.93 - 7.93 |
|  | 2018 | 56750323 | 1.68 - 19.93 | 974062147 | 2.86 | 0.50 - 2.25 | (2.68) - (0.82) |
| BHFTII MetLife Mid Cap | 2022 | 8811906 | 4.52 - 54.78 | 409884025 | 0.93 | 0.50 - 2.15 | (15.24) - (13.87) |
| Stock Index Division | 2021 | 9859099 | 5.30 - 63.60 | 534359988 | 0.94 | 0.50 - 2.25 | 21.31 - 23.45 |
|  | 2020 | 11467060 | 4.33 - 51.52 | 506052707 | 1.31 | 0.50 - 2.25 | 10.63 - 12.59 |
|  | 2019 | 12674256 | 3.88 - 45.76 | 500876128 | 1.21 | 0.50 - 2.25 | 22.77 - 24.94 |
|  | 2018 | 14264640 | 3.13 - 36.63 | 453810251 | 1.09 | 0.50 - 2.25 | (13.49) - (11.95) |
| BHFTII MetLife MSCI EAFE<sup>®</sup> | 2022 | 20653524 | 1.69 - 23.82 | 361694860 | 3.54 | 0.50 - 2.15 | (16.42) - (15.07) |
| Index Division | 2021 | 22411515 | 2.01 - 28.11 | 465174812 | 1.63 | 0.50 - 2.25 | 8.02 - 9.93 |
|  | 2020 | 24590517 | 1.85 - 25.63 | 466904304 | 3.06 | 0.50 - 2.25 | 5.18 - 7.04 |
|  | 2019 | 25852531 | 1.74 - 23.99 | 460668541 | 2.54 | 0.50 - 2.25 | 18.85 - 20.94 |
|  | 2018 | 28690901 | 1.45 - 19.86 | 424811670 | 2.83 | 0.50 - 2.25 | (16.00) - (14.51) |
| BHFTII MetLife Russell  | 2022 | 6322259 | 3.96 - 48.61 | 259507834 | 0.90 | 0.50 - 2.25 | (22.20) - (20.83) |
| 2000<sup>®</sup> Index Division | 2021 | 6792038 | 5.04 - 61.40 | 353923752 | 0.88 | 0.50 - 2.25 | 11.69 - 13.66 |
|  | 2020 | 7531805 | 4.47 - 54.02 | 346715527 | 1.25 | 0.50 - 2.25 | 16.69 - 18.75 |
|  | 2019 | 8484812 | 3.80 - 45.49 | 330807385 | 1.03 | 0.50 - 2.25 | 22.52 - 24.68 |
|  | 2018 | 9453823 | 3.07 - 36.49 | 297512830 | 0.98 | 0.50 - 2.25 | (13.17) - (11.63) |
| BHFTII MetLife Stock Index | 2022 | 20639211 | 12.08 - 159.42 | 2574589262 | 1.19 | 0.50 - 2.25 | (20.32) - (18.82) |
| Division | 2021 | 22605518 | 15.02 - 196.61 | 3495089897 | 1.45 | 0.50 - 2.25 | 25.19 - 27.53 |
|  | 2020 | 25861616 | 11.89 - 154.32 | 3154806376 | 1.82 | 0.50 - 2.25 | 15.20 - 17.34 |
|  | 2019 | 29028565 | 10.23 - 131.63 | 3037442351 | 2.05 | 0.50 - 2.25 | 27.89 - 30.30 |
|  | 2018 | 33091820 | 7.93 - 101.14 | 2669705723 | 1.71 | 0.50 - 2.25 | (6.96) - (5.22) |
| BHFTII MFS<sup>®</sup> Total Return | 2022 | 2070995 | 1.60 - 117.21 | 96428667 | 1.65 | 0.50 - 1.85 | (11.52) - (10.32) |
| Division | 2021 | 2306720 | 1.79 - 130.69 | 120981417 | 1.73 | 0.50 - 1.85 | 11.85 - 13.37 |
|  | 2020 | 2535226 | 1.58 - 115.28 | 117745426 | 2.30 | 0.50 - 2.00 | 7.31 - 8.94 |
|  | 2019 | 2894622 | 1.46 - 105.82 | 123762477 | 2.23 | 0.50 - 2.15 | 17.52 - 19.47 |
|  | 2018 | 3322036 | 1.22 - 88.58 | 117516215 | 2.17 | 0.50 - 2.15 | (7.82) - (6.28) |
| BHFTII MFS<sup>®</sup> Value Division | 2022 | 37064337 | 2.24 - 43.95 | 536663808 | 1.52 | 0.00 - 2.15 | (8.12) - (6.10) |
|  | 2021 | 40856426 | 2.41 - 47.38 | 663945304 | 1.41 | 0.50 - 2.15 | 22.73 - 24.73 |
|  | 2020 | 45919271 | 1.95 - 38.23 | 627751137 | 1.81 | 0.50 - 2.25 | 1.43 - 3.29 |
|  | 2019 | 47345124 | 1.90 - 37.29 | 665585348 | 1.75 | 0.50 - 2.25 | 26.96 - 29.29 |
|  | 2018 | 52559197 | 1.48 - 29.04 | 598234094 | 1.47 | 0.50 - 2.25 | (12.25) - (7.60) |
| BHFTII Neuberger Berman | 2022 | 5363916 | 4.62 - 52.98 | 232034093 |  | 0.50 - 2.10 | (20.94) - (19.72) |
| Genesis Division | 2021 | 5912293 | 5.79 - 66.00 | 320936546 | 0.04 | 0.50 - 2.15 | 15.69 - 17.53 |
|  | 2020 | 6733229 | 4.95 - 56.16 | 311591184 | 0.08 | 0.50 - 2.15 | 22.28 - 24.14 |
|  | 2019 | 7645037 | 4.01 - 45.24 | 287729651 | 0.12 | 0.50 - 2.15 | 26.73 - 28.76 |
|  | 2018 | 8679175 | 3.14 - 35.14 | 255498599 | 0.23 | 0.50 - 2.25 | (9.07) - (7.45) |

---

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**8. FINANCIAL HIGHLIGHTS — (Continued)**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **As of December 31** | **As of December 31** | **As of December 31** | **For the year ended December 31** | **For the year ended December 31** | **For the year ended December 31** |
| | | **Units** | **Unit Value<br>Lowest to<br>Highest ($)** | **Net<br>Assets ($)** | **Investment<sup>1</sup><br>Income<br>Ratio (%)** | **Expense Ratio<sup>2</sup><br>Lowest to<br>Highest (%)** | **Total Return<sup>3</sup><br>Lowest to<br>Highest (%)** |
| BHFTII T. Rowe Price Large | 2022 | 10967997 | 2.35 - 49.30 | 423605252 |  | 0.50 - 2.25 | (41.99) - (40.96) |
| Cap Growth Division | 2021 | 11647251 | 4.00 - 83.51 | 769206460 |  | 0.50 - 2.25 | 17.28 - 19.35 |
|  | 2020 | 13310314 | 3.38 - 69.97 | 738162692 | 0.09 | 0.50 - 2.25 | 33.59 - 35.96 |
|  | 2019 | 15477657 | 2.50 - 51.46 | 629369388 | 0.26 | 0.50 - 2.25 | 27.68 - 29.94 |
|  | 2018 | 17216055 | 1.94 - 39.60 | 539361977 | 0.27 | 0.50 - 2.25 | (3.37) - (1.65) |
| BHFTII T. Rowe Price Small | 2022 | 5959999 | 5.50 - 65.01 | 328540226 | 0.10 | 0.50 - 2.25 | (24.07) - (22.73) |
| Cap Growth Division | 2021 | 6652969 | 7.16 - 84.14 | 476701925 | 0.02 | 0.50 - 2.25 | 8.88 - 10.80 |
|  | 2020 | 7569000 | 6.50 - 75.93 | 491278222 | 0.10 | 0.50 - 2.25 | 21.28 - 23.42 |
|  | 2019 | 8620361 | 5.30 - 61.52 | 455812251 | 0.02 | 0.50 - 2.25 | 29.88 - 32.17 |
|  | 2018 | 9657475 | 4.04 - 46.55 | 388577931 | 0.05 | 0.50 - 2.25 | (8.87) - (7.25) |
| BHFTII VanEck Global | 2022 | 1245433 | 13.93 - 15.16 | 18554027 | 2.38 | 1.10 - 1.70 | 6.16 - 6.80 |
| Natural Resources Division | 2021 | 1734410 | 13.12 - 14.20 | 24223570 | 0.98 | 1.10 - 1.70 | 16.51 - 17.21 |
|  | 2020 | 2324890 | 10.86 - 12.11 | 27733915 | 1.24 | 1.10 - 2.00 | 18.77 - 19.85 |
|  | 2019 | 2701656 | 9.09 - 10.11 | 26913827 | 0.34 | 1.10 - 2.05 | 10.07 - 11.12 |
|  | 2018 | 2687622 | 8.26 - 9.10 | 24101859 |  | 1.10 - 2.05 | (30.31) - (29.64) |
| BHFTII Western Asset | 2022 | 9126574 | 1.05 - 39.63 | 273191553 | 5.86 | 0.50 - 2.25 | (18.78) - (17.34) |
| Management Strategic Bond | 2021 | 10455449 | 1.28 - 47.95 | 381592675 | 3.61 | 0.50 - 2.25 | 0.33 - 2.10 |
| Opportunities Division | 2020 | 11354141 | 1.26 - 46.96 | 408706045 | 5.77 | 0.50 - 2.15 | 4.39 - 6.08 |
|  | 2019 | 12363002 | 1.20 - 44.27 | 422719703 | 4.75 | 0.50 - 2.15 | 11.86 - 13.66 |
|  | 2018 | 13731347 | 1.09 - 38.95 | 422543762 | 5.21 | 0.50 - 2.25 | (6.17) - (4.51) |
| BHFTII Western Asset | 2022 | 5660639 | 1.81 - 21.44 | 94709309 | 2.09 | 0.50 - 2.15 | (11.05) - (9.62) |
| Management U.S.  | 2021 | 6670779 | 2.01 - 23.72 | 123805731 | 2.50 | 0.50 - 2.15 | (3.71) - (2.26) |
| Government Division | 2020 | 7382234 | 2.07 - 24.27 | 139252019 | 2.82 | 0.50 - 2.15 | 2.77 - 4.39 |
|  | 2019 | 7078457 | 2.00 - 23.25 | 130271257 | 2.56 | 0.50 - 2.15 | 3.63 - 5.25 |
|  | 2018 | 7773582 | 1.91 - 22.09 | 137000881 | 2.11 | 0.50 - 2.25 | (1.56) - 0.19 |
| BlackRock Global Allocation  | 2022 | 637 | 24.31 - 25.50 | 16216 |  | 1.35 - 1.60 | (17.40) - (17.20) |
| V.I. Division | 2021 | 652 | 29.43 - 32.22 | 20050 | 0.67 | 1.10 - 1.60 | 4.73 - 5.25 |
|  | 2020 | 4081 | 28.10 - 30.61 | 118145 | 1.31 | 1.10 - 1.60 | 18.79 - 19.38 |
|  | 2019 | 4191 | 23.66 - 25.64 | 102023 | 1.30 | 1.10 - 1.60 | 15.89 - 16.47 |
|  | 2018 | 4210 | 20.41 - 22.02 | 88248 | 0.81 | 1.10 - 1.60 | (9.05) - (8.60) |
| Calvert VP SRI Balanced | 2022 | 812083 | 44.59 - 59.38 | 44856941 | 1.17 | 0.50 - 1.45 | (16.63) - (15.83) |
| Division | 2021 | 894700 | 53.48 - 70.93 | 59231523 | 1.15 | 0.50 - 1.45 | 13.46 - 14.54 |
|  | 2020 | 954567 | 47.13 - 62.39 | 55610315 | 1.51 | 0.50 - 1.45 | 13.60 - 14.68 |
|  | 2019 | 1030290 | 40.38 - 54.81 | 52926119 | 1.57 | 0.50 - 1.55 | 22.49 - 23.78 |
|  | 2018 | 1063592 | 32.97 - 44.61 | 44653283 | 1.74 | 0.50 - 1.55 | (4.17) - (3.16) |
| Calvert VP SRI Mid Cap | 2022 | 79527 | 74.63 | 5934994 |  | 0.95 | (20.24) |
| Division | 2021 | 84007 | 93.57 | 7860497 | 0.19 | 0.95 | 13.95 |
|  | 2020 | 92109 | 82.12 | 7563766 | 0.42 | 0.95 | 11.19 |
|  | 2019 | 109291 | 73.85 | 8071600 | 0.45 | 0.95 | 30.13 |
|  | 2018 | 126305 | 56.76 | 7168514 | 0.52 | 0.95 | (5.33) |
| Delaware VIP<sup>®</sup> Small Cap | 2022 | 448 | 1.75 | 786 | 0.83 | 0.90 | (12.88) |
| Value Division | 2021 | 448 | 2.01 | 902 | 0.83 | 0.90 | 33.21 |
|  | 2020 | 448 | 1.51 | 677 | 1.35 | 0.90 | (2.78) |
|  | 2019 | 448 | 1.55 | 697 | 2.01 | 0.90 | 26.99 |
|  | 2018 | 5992 | 1.22 | 7333 | 0.61 | 0.90 | (17.47) |

---

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**8. FINANCIAL HIGHLIGHTS — (Continued)**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **As of December 31** | **As of December 31** | **As of December 31** | **For the year ended December 31** | **For the year ended December 31** | **For the year ended December 31** |
| | | **Units** | **Unit Value<br>Lowest to<br>Highest ($)** | **Net<br>Assets ($)** | **Investment<sup>1</sup><br>Income<br>Ratio (%)** | **Expense Ratio<sup>2</sup><br>Lowest to<br>Highest (%)** | **Total Return<sup>3</sup><br>Lowest to<br>Highest (%)** |
| Fidelity<sup>®</sup> VIP Contrafund<sup>®</sup> | 2022 | 52746 | 12.01 - 12.89 | 674486 | 0.26 | 0.90 - 1.15 | (27.33) - (27.15) |
| Division | 2021 | 55851 | 16.53 - 17.69 | 981724 | 0.03 | 0.90 - 1.15 | 26.05 - 26.37 |
|  | 2020 | 61965 | 13.12 - 14.00 | 860110 | 0.08 | 0.90 - 1.15 | 28.74 - 29.06 |
|  | 2019 | 66654 | 10.19 - 10.84 | 717804 | 0.22 | 0.90 - 1.15 | 29.77 - 30.10 |
|  | 2018 | 72718 | 7.85 - 8.34 | 603131 | 0.41 | 0.90 - 1.15 | (7.71) - (7.48) |
| Fidelity<sup>®</sup> VIP  | 2022 | 1130142 | 14.61 - 123.21 | 63533471 | 1.86 | 0.95 - 1.35 | (6.23) - (5.85) |
| Equity-Income Division | 2021 | 1248036 | 15.59 - 130.86 | 72640456 | 1.88 | 0.95 - 1.35 | 23.22 - 23.72 |
|  | 2020 | 1351903 | 12.65 - 105.77 | 63502205 | 1.78 | 0.95 - 1.35 | 5.26 - 13.76 |
|  | 2019 | 1544624 | 12.02 - 100.08 | 67252015 | 1.89 | 0.95 - 1.35 | 25.73 - 26.24 |
|  | 2018 | 1815376 | 9.56 - 79.28 | 63735707 | 2.20 | 0.95 - 1.35 | (9.53) - (9.16) |
| Fidelity<sup>®</sup> VIP Freedom 2020 | 2022 | 178252 | 21.26 - 22.59 | 3950620 | 1.94 | 0.90 - 1.25 | (17.00) - (16.72) |
| Division | 2021 | 163380 | 25.62 - 27.12 | 4368234 | 0.83 | 0.90 - 1.25 | 7.91 - 8.28 |
|  | 2020 | 175053 | 23.74 - 25.05 | 4340434 | 1.25 | 0.90 - 1.25 | 13.30 - 13.69 |
|  | 2019 | 135554 | 20.95 - 22.03 | 2956078 | 2.17 | 0.90 - 1.25 | 18.40 - 18.80 |
|  | 2018 | 56275 | 17.69 - 18.54 | 1037991 | 1.25 | 0.90 - 1.25 | (6.92) - (5.28) |
| Fidelity<sup>®</sup> VIP Freedom 2025 | 2022 | 269214 | 22.23 - 24.51 | 6369847 | 1.79 | 0.90 - 1.45 | (17.84) - (17.38) |
| Division | 2021 | 287972 | 27.75 - 29.66 | 8278233 | 0.89 | 0.90 - 1.30 | 9.12 - 9.56 |
|  | 2020 | 270297 | 25.43 - 27.08 | 7124363 | 1.39 | 0.90 - 1.30 | 14.18 - 14.64 |
|  | 2019 | 158625 | 22.46 - 23.62 | 3657061 | 2.24 | 0.90 - 1.25 | 8.00 - 20.42 |
|  | 2018 | 58278 | 18.71 - 19.61 | 1132045 | 1.34 | 0.90 - 1.25 | (7.62) - (6.00) |
| Fidelity<sup>®</sup> VIP Freedom 2030 | 2022 | 265213 | 23.83 - 27.46 | 6617431 | 1.84 | 0.50 - 1.30 | (18.16) - (17.50) |
| Division | 2021 | 290180 | 29.12 - 33.28 | 8836620 | 0.97 | 0.50 - 1.30 | 10.62 - 11.51 |
|  | 2020 | 232863 | 26.32 - 29.84 | 6430259 | 1.11 | 0.50 - 1.30 | 15.13 - 16.06 |
|  | 2019 | 178878 | 23.03 - 24.25 | 4308863 | 1.87 | 0.90 - 1.25 | 8.63 - 23.00 |
|  | 2018 | 149868 | 18.81 - 19.71 | 2953022 | 1.19 | 0.90 - 1.25 | (8.88) - (7.27) |
| Fidelity<sup>®</sup> VIP Freedom 2035 | 2022 | 157298 | 32.60 - 34.94 | 5368259 | 1.60 | 0.95 - 1.45 | (19.07) - (18.66) |
| Division | 2021 | 112239 | 40.28 - 42.96 | 4718083 | 1.08 | 0.95 - 1.45 | 13.52 - 14.09 |
| (Commenced 4/30/2018) | 2020 | 56150 | 35.49 - 37.65 | 2068090 | 1.18 | 0.95 - 1.45 | 16.25 - 16.84 |
|  | 2019 | 15788 | 31.21 - 32.22 | 499141 | 2.87 | 0.95 - 1.25 | 8.77 - 25.93 |
|  | 2018 | 4218 | 24.86 - 25.59 | 105591 | 1.79 | 0.95 - 1.25 | (9.85) - (9.67) |
| Fidelity<sup>®</sup> VIP Freedom 2040 | 2022 | 97979 | 34.52 - 38.53 | 3499738 | 1.51 | 0.50 - 1.30 | (19.46) - (18.82) |
| Division | 2021 | 68494 | 42.86 - 47.46 | 3038775 | 0.89 | 0.50 - 1.30 | 15.98 - 16.91 |
|  | 2020 | 49758 | 36.96 - 40.60 | 1912754 | 0.83 | 0.50 - 1.30 | 17.45 - 18.40 |
|  | 2019 | 39636 | 31.47 - 34.29 | 1297820 | 2.04 | 0.50 - 1.30 | 9.54 - 27.08 |
|  | 2018 | 19309 | 25.00 - 25.85 | 498777 | 0.96 | 0.90 - 1.25 | (11.16) - (9.46) |
| Fidelity<sup>®</sup> VIP Freedom 2045 | 2022 | 98313 | 34.92 - 36.66 | 3548884 | 1.52 | 0.95 - 1.30 | (19.51) - (19.22) |
| Division | 2021 | 68496 | 43.38 - 45.38 | 3065206 | 0.79 | 0.95 - 1.30 | 16.01 - 16.43 |
| (Commenced 4/30/2018) | 2020 | 48514 | 37.39 - 38.98 | 1866574 | 0.98 | 0.95 - 1.30 | 17.42 - 17.84 |
|  | 2019 | 26012 | 32.04 - 33.08 | 851015 | 2.46 | 0.95 - 1.25 | 9.66 - 27.05 |
|  | 2018 | 4811 | 25.30 - 26.04 | 124900 | 2.32 | 0.95 - 1.25 | (10.45) - (10.27) |
| Fidelity<sup>®</sup> VIP Freedom 2050 | 2022 | 213772 | 34.53 - 42.14 | 7783968 | 1.51 | 0.00 - 1.45 | (19.64) - (18.47) |
| Division | 2021 | 149456 | 42.97 - 48.50 | 6746794 | 0.83 | 0.50 - 1.45 | 15.82 - 16.93 |
|  | 2020 | 104593 | 37.10 - 41.48 | 4073510 | 1.06 | 0.50 - 1.45 | 17.28 - 18.40 |
|  | 2019 | 41247 | 31.63 - 33.56 | 1369729 | 2.34 | 0.90 - 1.45 | 9.43 - 27.07 |
|  | 2018 | 13729 | 25.54 - 26.41 | 362109 | 1.18 | 0.90 - 1.25 | (10.94) - (9.48) |

---

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**8. FINANCIAL HIGHLIGHTS — (Continued)**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **As of December 31** | **As of December 31** | **As of December 31** | **For the year ended December 31** | **For the year ended December 31** | **For the year ended December 31** |
| | | **Units** | **Unit Value<br>Lowest to<br>Highest ($)** | **Net<br>Assets ($)** | **Investment<sup>1</sup><br>Income<br>Ratio (%)** | **Expense Ratio<sup>2</sup><br>Lowest to<br>Highest (%)** | **Total Return<sup>3</sup><br>Lowest to<br>Highest (%)** |
| Fidelity<sup>®</sup> VIP FundsManager | 2022 | 11378214 | 16.02 - 16.43 | 185164874 | 1.94 | 1.90 - 2.05 | (15.68) - (15.55) |
| 50% Division | 2021 | 12481990 | 19.00 - 19.46 | 240652047 | 1.12 | 1.90 - 2.05 | 7.79 - 7.95 |
|  | 2020 | 13833224 | 17.63 - 18.03 | 247253463 | 1.13 | 1.90 - 2.05 | 11.66 - 11.83 |
|  | 2019 | 15805863 | 15.79 - 16.12 | 252823113 | 1.61 | 1.90 - 2.05 | 15.50 - 15.67 |
|  | 2018 | 18690885 | 13.67 - 13.93 | 258652350 | 1.35 | 1.90 - 2.05 | (7.14) - (7.00) |
| Fidelity<sup>®</sup> VIP FundsManager | 2022 | 10734842 | 15.97 - 19.80 | 175394593 | 1.73 | 0.70 - 2.10 | (16.82) - (15.65) |
| 60% Division | 2021 | 12336639 | 19.20 - 23.48 | 241915885 | 1.09 | 0.70 - 2.10 | 10.01 - 11.56 |
|  | 2020 | 13649023 | 17.45 - 21.04 | 242924543 | 1.05 | 0.70 - 2.10 | 12.73 - 14.32 |
|  | 2019 | 15189665 | 15.48 - 15.97 | 239540942 | 1.49 | 1.85 - 2.10 | 17.98 - 18.28 |
|  | 2018 | 17207125 | 13.12 - 13.50 | 229662248 | 1.18 | 1.85 - 2.10 | (8.39) - (8.16) |
| Fidelity<sup>®</sup> VIP Government | 2022 | 253220 | 16.21 | 4103960 | 1.36 | 0.95 | 0.49 |
| Money Market Division | 2021 | 306845 | 16.13 | 4949044 | 0.01 | 0.95 | (0.93) |
|  | 2020 | 366357 | 16.28 | 5964444 | 0.33 | 0.95 | (0.63) |
|  | 2019 | 330518 | 16.38 | 5414916 | 1.99 | 0.95 | 1.06 |
|  | 2018 | 330351 | 16.21 | 5355641 | 1.64 | 0.95 | 0.69 |
| Fidelity<sup>®</sup> VIP Growth | 2022 | 563124 | 172.36 | 97058589 | 0.62 | 0.95 | (25.17) |
| Division | 2021 | 611993 | 230.32 | 140954875 |  | 0.95 | 22.06 |
|  | 2020 | 663454 | 188.70 | 125194940 | 0.08 | 0.95 | 42.54 |
|  | 2019 | 744359 | 132.39 | 98544772 | 0.25 | 0.95 | 33.05 |
|  | 2018 | 879956 | 99.50 | 87558490 | 0.24 | 0.95 | (1.11) |
| Fidelity<sup>®</sup> VIP Investment | 2022 | 206147 | 34.40 | 7090969 | 2.15 | 0.95 | (13.78) |
| Grade Bond Division | 2021 | 223841 | 39.89 | 8929968 | 2.02 | 0.95 | (1.54) |
|  | 2020 | 235580 | 40.52 | 9545422 | 1.76 | 0.95 | 8.36 |
|  | 2019 | 240865 | 37.39 | 9006440 | 2.66 | 0.95 | 8.63 |
|  | 2018 | 255936 | 34.42 | 8809328 | 2.40 | 0.95 | (1.47) |
| Fidelity<sup>®</sup> VIP Mid Cap | 2022 | 41057 | 10.52 | 431773 | 0.27 | 0.90 | (15.73) |
| Division | 2021 | 43732 | 12.48 | 545739 | 0.36 | 0.90 | 24.18 |
|  | 2020 | 47935 | 10.05 | 481692 | 0.40 | 0.90 | 16.81 |
|  | 2019 | 51631 | 8.60 | 444178 | 0.66 | 0.90 | 22.07 |
|  | 2018 | 59331 | 7.05 | 418140 | 0.36 | 0.90 | (15.54) |
| FTVIPT Templeton Developing | 2022 | 20276 | 1.60 | 32485 | 2.66 | 0.90 | (22.68) |
| Markets VIP Division | 2021 | 24007 | 2.07 | 49747 | 0.88 | 0.90 | (6.58) |
|  | 2020 | 24767 | 2.22 | 54938 | 4.12 | 0.90 | 16.13 |
|  | 2019 | 24767 | 1.91 | 47307 | 1.06 | 0.90 | 25.56 |
|  | 2018 | 88922 | 1.52 | 135271 | 0.84 | 0.90 | (16.55) |
| FTVIPT Templeton Foreign  | 2022 | 262 | 3.94 | 1033 | 2.73 | 0.90 | (8.43) |
| VIP Division (Had no net  | 2021 | 112 | 4.31 | 482 | 1.59 | 0.90 | 3.23 |
| assets at December 31,  | 2020 |  | 4.17 |  |  | 0.90 | (2.05) |
| 2020 and 2019) | 2019 |  | 4.26 |  |  | 0.90 | 11.52 |
|  | 2018 | 159 | 3.82 | 609 | 2.67 | 0.90 | (16.20) |
| Janus Henderson Enterprise | 2022 | 4078 | 14.63 | 59641 | 0.10 | 0.90 | (16.90) |
| Division | 2021 | 8707 | 17.60 | 153237 | 0.24 | 0.90 | 15.50 |
|  | 2020 | 10328 | 15.24 | 157391 |  | 0.90 | 18.11 |
|  | 2019 | 10195 | 12.90 | 131537 | 0.04 | 0.90 | 33.95 |
|  | 2018 | 10917 | 9.63 | 105150 | 0.10 | 0.90 | (1.56) |

---

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Continued)**

**8. FINANCIAL HIGHLIGHTS — (Continued)**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **As of December 31** | **As of December 31** | **As of December 31** | **For the year ended December 31** | **For the year ended December 31** | **For the year ended December 31** |
| | | **Units** | **Unit Value<br>Lowest to<br>Highest ($)** | **Net<br>Assets ($)** | **Investment<sup>1</sup><br>Income<br>Ratio (%)** | **Expense Ratio<sup>2</sup><br>Lowest to<br>Highest (%)** | **Total Return<sup>3</sup><br>Lowest to<br>Highest (%)** |
| LMPVET ClearBridge Variable | 2022 | 4454 | 11.32 | 50407 | 1.06 | 0.90 | (13.23) |
| Appreciation Division | 2021 | 4610 | 13.04 | 60139 | 0.63 | 0.90 | 22.55 |
|  | 2020 | 4985 | 10.64 | 53060 | 1.00 | 0.90 | 13.74 |
|  | 2019 | 5773 | 9.36 | 54018 | 1.43 | 0.90 | 28.70 |
|  | 2018 | 5873 | 7.27 | 42700 | 1.24 | 0.90 | (2.63) |
| LMPVET ClearBridge Variable | 2022 | 36359 | 2.24 | 81414 | 1.34 | 0.90 | (8.92) |
| Dividend Strategy Division | 2021 | 42161 | 2.46 | 103656 | 1.51 | 0.90 | 25.66 |
|  | 2020 | 43961 | 1.96 | 86009 | 1.53 | 0.90 | 6.70 |
|  | 2019 | 41412 | 1.83 | 75932 | 1.45 | 0.90 | 30.41 |
|  | 2018 | 45798 | 1.41 | 64392 | 1.56 | 0.90 | (5.71) |
| LMPVET ClearBridge Variable | 2022 | 61685 | 4.95 - 5.27 | 320759 |  | 0.90 - 1.15 | (33.02) - (32.85) |
| Large Cap Growth Division | 2021 | 71487 | 7.39 - 7.84 | 555917 |  | 0.90 - 1.15 | 20.55 - 20.85 |
|  | 2020 | 78691 | 6.13 - 6.49 | 507611 | 0.02 | 0.90 - 1.15 | 29.24 - 29.56 |
|  | 2019 | 92711 | 4.74 - 5.01 | 462772 | 0.31 | 0.90 - 1.15 | 30.65 - 30.98 |
|  | 2018 | 128203 | 3.63 - 3.82 | 489481 | 0.30 | 0.90 - 1.15 | (1.13) - (0.88) |
| LMPVET ClearBridge Variable | 2022 | 5200 | 5.46 - 5.79 | 29416 |  | 0.90 - 1.15 | (29.66) - (29.48) |
| Small Cap Growth Division | 2021 | 7572 | 7.77 - 8.21 | 61501 |  | 0.90 - 1.15 | 11.32 - 11.60 |
|  | 2020 | 8447 | 6.98 - 7.36 | 61746 |  | 0.90 - 1.15 | 41.62 - 41.98 |
|  | 2019 | 8421 | 4.93 - 5.18 | 43535 |  | 0.90 - 1.15 | 25.42 - 25.74 |
|  | 2018 | 3651 | 4.12 | 15046 |  | 0.90 | 2.50 |
| LMPVIT Western Asset Core | 2022 | 108 | 3.13 | 339 | 2.05 | 0.90 | (17.97) |
| Plus Division | 2021 | 108 | 3.82 | 414 | 0.04 | 0.90 | (2.85) |
|  | 2020 | 9712 | 3.93 | 38145 | 2.08 | 0.90 | 8.33 |
|  | 2019 | 10910 | 3.63 | 39557 | 3.02 | 0.90 | 11.17 |
|  | 2018 | 25469 | 3.26 | 83068 | 3.42 | 0.90 | (3.11) |
| Morgan Stanley VIF Global | 2022 | 3594 | 14.32 - 16.03 | 55503 | 2.65 | 1.10 - 1.60 | (9.77) - (9.32) |
| Infrastructure Division | 2021 | 3851 | 15.87 - 17.68 | 65736 | 2.29 | 1.10 - 1.60 | 12.19 - 12.76 |
|  | 2020 | 4056 | 14.15 - 15.68 | 60741 | 1.45 | 1.10 - 1.60 | (3.00) - (2.52) |
|  | 2019 | 4476 | 14.59 - 16.09 | 68714 | 2.55 | 1.10 - 1.60 | 25.84 - 26.47 |
|  | 2018 | 5120 | 11.59 - 12.72 | 62114 | 2.72 | 1.10 - 1.60 | (9.36) - (8.90) |
| PIMCO VIT | 2022 | 9106 | 9.15 - 9.53 | 85063 | 18.50 | 1.10 - 1.60 | 6.70 - 7.24 |
| CommodityRealReturn<sup>®</sup> | 2021 | 4451 | 8.58 - 8.89 | 38881 | 3.94 | 1.10 - 1.60 | 30.64 - 31.29 |
| Strategy Division | 2020 | 5152 | 6.57 - 6.77 | 34311 | 6.18 | 1.10 - 1.60 | (0.53) - (0.03) |
|  | 2019 | 5237 | 6.60 - 6.77 | 34970 | 4.21 | 1.10 - 1.60 | 9.22 - 9.77 |
|  | 2018 | 5859 | 6.04 - 6.17 | 35709 | 1.86 | 1.10 - 1.60 | (15.70) - (15.27) |
| PIMCO VIT Dynamic Bond | 2022 | 1184 | 9.75 - 10.15 | 11939 | 1.64 | 1.10 - 1.60 | (8.12) - (7.66) |
| Division | 2021 | 1880 | 10.61 - 10.99 | 20565 | 1.76 | 1.10 - 1.60 | (0.62) - (0.12) |
|  | 2020 | 3381 | 10.67 - 11.01 | 36833 | 1.80 | 1.10 - 1.60 | 2.83 - 3.35 |
|  | 2019 | 8103 | 10.38 - 10.65 | 85343 | 2.49 | 1.10 - 1.60 | 2.96 - 3.48 |
|  | 2018 | 8338 | 10.08 - 10.29 | 85042 | 2.39 | 1.10 - 1.60 | (0.88) - (0.38) |
| PIMCO VIT Emerging Markets | 2022 | 1675 | 9.56 - 9.96 | 16429 | 4.43 | 1.10 - 1.60 | (17.30) - (16.88) |
| Bond Division | 2021 | 3430 | 11.56 - 11.98 | 40608 | 3.91 | 1.10 - 1.60 | (4.40) - (3.92) |
|  | 2020 | 4012 | 12.09 - 12.47 | 49384 | 3.91 | 1.10 - 1.60 | 4.69 - 5.22 |
|  | 2019 | 5135 | 11.55 - 11.85 | 60178 | 4.12 | 1.10 - 1.60 | 12.61 - 13.17 |
|  | 2018 | 6000 | 10.26 - 10.47 | 62180 | 3.83 | 1.10 - 1.60 | (6.53) - (6.06) |

---

------

**METROPOLITAN LIFE SEPARATE ACCOUNT E<br>OF METROPOLITAN LIFE INSURANCE COMPANY<br>NOTES TO THE FINANCIAL STATEMENTS — (Concluded)**

**8. FINANCIAL HIGHLIGHTS — (Concluded)**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **As of December 31** | **As of December 31** | **As of December 31** | **For the year ended December 31** | **For the year ended December 31** | **For the year ended December 31** |
| | | **Units** | **Unit Value<br>Lowest to<br>Highest ($)** | **Net<br>Assets ($)** | **Investment<sup>1</sup><br>Income<br>Ratio (%)** | **Expense Ratio<sup>2</sup><br>Lowest to<br>Highest (%)** | **Total Return<sup>3</sup><br>Lowest to<br>Highest (%)** |
| TAP 1919 Variable Socially | 2022 | 1085 | 7.53 | 8167 | 0.70 | 0.90 | (21.64) |
| Responsive Balanced Division | 2021 | 1085 | 9.61 | 10423 | 0.25 | 0.90 | 17.47 |
|  | 2020 | 4540 | 8.18 | 37136 | 0.79 | 0.90 | 21.83 |
|  | 2019 | 4540 | 6.71 | 30482 | 0.94 | 0.90 | 25.57 |
|  | 2018 | 4988 | 5.35 | 26671 | 1.09 | 0.90 | (1.83) |

---

1 These amounts represent the dividends, excluding distributions of capital gains, received by the Division from the underlying fund, series, or portfolio, net of management fees assessed by the fund manager, divided by the average net assets, regardless of share class, if any. These ratios exclude those expenses, such as mortality and expense risk charges, that are assessed against Contract owner accounts either through reductions in the unit values or the redemption of units. The investment income ratio is calculated for each period indicated or from the effective date through the end of the reporting period. The recognition of investment income by the Division is affected by the timing of the declaration of dividends by the underlying fund, series, or portfolio in which the Division invests. The investment income ratio is calculated as a weighted average ratio since the Division may invest in two or more share classes, within the underlying fund, series, or portfolio of the Trusts which may have unique investment income ratios.

2 These amounts represent annualized Contract expenses of each of the applicable Divisions, consisting primarily of mortality and expense risk charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to Contract owner accounts through the redemption of units and expenses of the underlying fund, series, or portfolio have been excluded.

3 These amounts represent the total return for the period indicated, including changes in the value of the underlying fund, series, or portfolio, and expenses assessed through the reduction of unit values. These ratios do not include any expenses assessed through the redemption of units. The total return is calculated for each period indicated or from the effective date through the end of the reporting period. The total return is presented as a range of minimum to maximum returns, based on the minimum and maximum returns within each product grouping of the applicable Division.

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