# EDGAR Filing Document

**Accession Number:** 0000764797
**File Stem:** 0001410368-26-019291
**Filing Date:** 2026-2
**Character Count:** 32412
**Document Hash:** 00e2c1d8636a6b1fa6ee493193a0d818
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-019291.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001410368-26-019291

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DEUTSCHE DWS VARIABLE SERIES I
- **CENTRAL INDEX KEY:** 0000764797

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04257
- **FILM NUMBER:** 26686841

**BUSINESS ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225
- **BUSINESS PHONE:** 212-454-4500

**MAIL ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DEUTSCHE VARIABLE SERIES I
- **DATE OF NAME CHANGE:** 20140811

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DWS VARIABLE SERIES I
- **DATE OF NAME CHANGE:** 20060207

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SCUDDER VARIABLE SERIES I
- **DATE OF NAME CHANGE:** 20010501

## Series and Classes Contracts Data

### DWS CROCI International VIP (Series ID: S000006249)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000017188 | Class A      |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** DEUTSCHE DWS VARIABLE SERIES I

- **b. Investment Company Act file number:** 811-04257

- **c. CIK number of Registrant:** 0000764797

- **d. LEI of Registrant:** U1G8JTC14F115MRJOJ63

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 875 Third Avenue

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10022-6225

  - **Telephone number:** 212-454-4500

**Item A.2. Information about the Series.**

- **a. Name of Series:** DWS CROCI(R) International VIP

- **b. EDGAR series identifier (if any):** S000006249

- **c. LEI of Series:** RQ5883A3XMVI5IWNGH18

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $94483243.20

**Total Liabilities:** $1888741.64

**Net Assets:** $92594501.56

**Cash Not Reported:** $101808.61

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017188 | 0.42%                | 5.35%                | 3.78%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2589588.79              | $-2246393.21                               |
| Month 2  | $37822.74                | $4319737.98                                |
| Month 3  | $103501.25               | $3206108.67                                |

### Schedule of Portfolio Investments

| Name                                         | Title                                                                                 | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| DCC PLC                                      | DCC PLC                                                                               | CUSIP: 000000000<br>LEI: 213800UPS1QEE4TD3T45 | Long             | EC               | CORP              | IE        |     30624 | NS      | $1912732.20   | 2.07%             |  |  |  | No            |                  2 | On Loan: No      |
| British American Tobacco PLC                 | British American Tobacco PLC                                                          | CUSIP: 000000000<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |     38248 | NS      | $2168463.58   | 2.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Imperial Brands PLC                          | Imperial Brands PLC                                                                   | CUSIP: 000000000<br>LEI: 549300DFVPOB67JL3A42 | Long             | EC               | CORP              | GB        |     54284 | NS      | $2283403.09   | 2.47%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                            | HSBC Holdings PLC                                                                     | CUSIP: 000000000<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EC               | CORP              | GB        |    196507 | NS      | $3107154.11   | 3.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto PLC                                | Rio Tinto PLC                                                                         | CUSIP: 000000000<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |     28500 | NS      | $2303721.97   | 2.49%             |  |  |  | No            |                  2 | On Loan: No      |
| DWS                                          | DWS Government & Agency Securities Portfolio DWS Government Cash Institutional Shares | CUSIP: 147539670<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1739000 | NS      | $1739000.00   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Carnival PLC                                 | Carnival PLC                                                                          | CUSIP: 000000000<br>LEI: 4DR1VPDQMHD3N3QW8W95 | Long             | EC               | CORP              | GB        |     13318 | NS      | $405894.18    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays PLC                                 | Barclays PLC                                                                          | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | GB        |     89617 | NS      | $574316.87    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| ITV PLC                                      | ITV PLC                                                                               | CUSIP: 000000000<br>LEI: ZLECI7ED2QMWFGYCXZ59 | Long             | EC               | CORP              | GB        |   1707093 | NS      | $1890001.00   | 2.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                          | Intesa Sanpaolo SpA                                                                   | CUSIP: 000000000<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | EC               | CORP              | IT        |    262607 | NS      | $1815021.35   | 1.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Capgemini SE                                 | Capgemini SE                                                                          | CUSIP: 000000000<br>LEI: 96950077L0TN7BAROX36 | Long             | EC               | CORP              | FR        |      1496 | NS      | $250233.16    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Danske Bank A/S                              | Danske Bank A/S                                                                       | CUSIP: 000000000<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | EC               | CORP              | DK        |     22422 | NS      | $1120698.64   | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Post AG                             | Deutsche Post AG                                                                      | CUSIP: 000000000<br>LEI: 8ER8GIG7CSMVD8VUFE78 | Long             | EC               | CORP              | DE        |      5014 | NS      | $273291.91    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Pernod Ricard SA                             | Pernod Ricard SA                                                                      | CUSIP: 000000000<br>LEI: 52990097YFPX9J0H5D87 | Long             | EC               | CORP              | FR        |      4766 | NS      | $409333.43    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB             | Skandinaviska Enskilda Banken AB                                                      | CUSIP: 000000000<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | EC               | CORP              | SE        |     11522 | NS      | $243050.98    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Bayer AG                                     | Bayer AG                                                                              | CUSIP: 000000000<br>LEI: 549300J4U55H3WP1XT59 | Long             | EC               | CORP              | DE        |     12823 | NS      | $555458.35    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Henkel AG & Co KGaA                          | Henkel AG & Co KGaA                                                                   | CUSIP: 000000000<br>LEI: 549300VZCL1HTH4O4Y49 | Long             | EP               | CORP              | DE        |     20431 | NS      | $1660064.42   | 1.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Beiersdorf AG                                | Beiersdorf AG                                                                         | CUSIP: 000000000<br>LEI: L47NHHI0Z9X22DV46U41 | Long             | EC               | CORP              | DE        |      9339 | NS      | $1025627.81   | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA           | Banco Bilbao Vizcaya Argentaria SA                                                    | CUSIP: 000000000<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EC               | CORP              | ES        |     89622 | NS      | $2108546.56   | 2.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                                    | Sanofi SA                                                                             | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |     26865 | NS      | $2607230.07   | 2.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander SA                           | Banco Santander SA                                                                    | CUSIP: 000000000<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EC               | CORP              | ES        |    257376 | NS      | $3037607.20   | 3.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens AG                                   | Siemens AG                                                                            | CUSIP: 000000000<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |       747 | NS      | $208063.40    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                          | Societe Generale SA                                                                   | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EC               | CORP              | FR        |     15550 | NS      | $1253817.26   | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Teleperformance SE                           | Teleperformance SE                                                                    | CUSIP: 000000000<br>LEI: 9695004GI61FHFFNRG61 | Long             | EC               | CORP              | FR        |     10900 | NS      | $791873.35    | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| ANA Holdings Inc                             | ANA Holdings Inc                                                                      | CUSIP: 000000000<br>LEI: 5493008IRKIY0G3TE305 | Long             | EC               | CORP              | JP        |     34000 | NS      | $645748.04    | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Asahi Kasei Corp                             | Asahi Kasei Corp                                                                      | CUSIP: 000000000<br>LEI: 353800GPI4Z3MGDGN142 | Long             | EC               | CORP              | JP        |     34200 | NS      | $306744.02    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| BHP Group Ltd                                | BHP Group Ltd                                                                         | CUSIP: 000000000<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |     86965 | NS      | $2622679.77   | 2.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Central Japan Railway Co                     | Central Japan Railway Co                                                              | CUSIP: 000000000<br>LEI: 353800YAR3OVUITHTG64 | Long             | EC               | CORP              | JP        |     81300 | NS      | $2247621.55   | 2.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Origin Energy Ltd                            | Origin Energy Ltd                                                                     | CUSIP: 000000000<br>LEI: ZSN2LWNPYW6ISMRUC664 | Long             | EC               | CORP              | AU        |     74937 | NS      | $573996.71    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Daikin Industries Ltd                        | Daikin Industries Ltd                                                                 | CUSIP: 000000000<br>LEI: 549300Y7FWSTSHMW5Y57 | Long             | EC               | CORP              | JP        |      4100 | NS      | $526249.05    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| James Hardie Industries PLC                  | James Hardie Industries PLC                                                           | CUSIP: 000000000<br>LEI: 635400NSGXKTVOO7JU45 | Long             | EC               | CORP              | IE        |      9659 | NS      | $198184.57    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Dentsu Group Inc                             | Dentsu Group Inc                                                                      | CUSIP: 000000000<br>LEI: 5299007PBBE83ZLJZG91 | Long             | EC               | CORP              | JP        |     33200 | NS      | $704238.28    | 0.76%             |  |  |  | No            |                  2 | On Loan: —       |
| Hong Kong & China Gas Co Ltd                 | Hong Kong & China Gas Co Ltd                                                          | CUSIP: 000000000<br>LEI: 254900P7BETXGC7YU827 | Long             | EC               | CORP              | HK        |   1303000 | NS      | $1173146.52   | 1.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Tobacco Inc                            | Japan Tobacco Inc                                                                     | CUSIP: 000000000<br>LEI: 353800Z0ENYBQO0XRJ31 | Long             | EC               | CORP              | JP        |     32400 | NS      | $1166922.88   | 1.26%             |  |  |  | No            |                  2 | On Loan: —       |
| Kansai Electric Power Co Inc/The             | Kansai Electric Power Co Inc/The                                                      | CUSIP: 000000000<br>LEI: 353800PFUKP5ONPJNZ86 | Long             | EC               | CORP              | JP        |     60800 | NS      | $954307.15    | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Komatsu Ltd                                  | Komatsu Ltd                                                                           | CUSIP: 000000000<br>LEI: 5493004LQ0B4T7QPQV17 | Long             | EC               | CORP              | JP        |     53400 | NS      | $1705257.95   | 1.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Yue Yuen Industrial Holdings Ltd             | Yue Yuen Industrial Holdings Ltd                                                      | CUSIP: 000000000<br>LEI: 254900YUFIBANZ1XU687 | Long             | EC               | CORP              | BM        |    538500 | NS      | $1104009.35   | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Nitto Denko Corp                             | Nitto Denko Corp                                                                      | CUSIP: 000000000<br>LEI: 3538009GX5P09USH2J25 | Long             | EC               | CORP              | JP        |     36000 | NS      | $856695.03    | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Ono Pharmaceutical Co Ltd                    | Ono Pharmaceutical Co Ltd                                                             | CUSIP: 000000000<br>LEI: 529900G26L4NG4GFJZ86 | Long             | EC               | CORP              | JP        |    203200 | NS      | $2813571.66   | 3.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Sekisui House Ltd                            | Sekisui House Ltd                                                                     | CUSIP: 000000000<br>LEI: 529900GMNDOYQSAJAE76 | Long             | EC               | CORP              | JP        |     36100 | NS      | $805324.90    | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Shin-Etsu Chemical Co Ltd                    | Shin-Etsu Chemical Co Ltd                                                             | CUSIP: 000000000<br>LEI: 353800PX8Q64N86H5W41 | Long             | EC               | CORP              | JP        |     12400 | NS      | $385641.16    | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Shionogi & Co Ltd                            | Shionogi & Co Ltd                                                                     | CUSIP: 000000000<br>LEI: 35380049VXDTHZI3DY35 | Long             | EC               | CORP              | JP        |    177900 | NS      | $3217951.33   | 3.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Suzuki Motor Corp                            | Suzuki Motor Corp                                                                     | CUSIP: 000000000<br>LEI: 353800D83H0V3ZV1SV24 | Long             | EC               | CORP              | JP        |     62700 | NS      | $937643.19    | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Takeda Pharmaceutical Co Ltd                 | Takeda Pharmaceutical Co Ltd                                                          | CUSIP: 000000000<br>LEI: 549300ZLMVP4X0OGR454 | Long             | EC               | CORP              | JP        |     32400 | NS      | $1001518.50   | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Electron Ltd                           | Tokyo Electron Ltd                                                                    | CUSIP: 000000000<br>LEI: 549300H5LSF8DP3RIJ34 | Long             | EC               | CORP              | JP        |      1200 | NS      | $264937.69    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Motor Corp                            | Toyota Motor Corp                                                                     | CUSIP: 000000000<br>LEI: 5493006W3QUS5LMH6R84 | Long             | EC               | CORP              | JP        |     72500 | NS      | $1556492.78   | 1.68%             |  |  |  | No            |                  2 | On Loan: No      |
| United Overseas Bank Ltd                     | United Overseas Bank Ltd                                                              | CUSIP: 000000000<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | EC               | CORP              | SG        |     15700 | NS      | $427345.79    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Venture Corp Ltd                             | Venture Corp Ltd                                                                      | CUSIP: 000000000<br>LEI: 254900B1NLZC3J1MAE72 | Long             | EC               | CORP              | SG        |    181300 | NS      | $2133738.94   | 2.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Astellas Pharma Inc                          | Astellas Pharma Inc                                                                   | CUSIP: 000000000<br>LEI: 529900IB708DY2HBBB35 | Long             | EC               | CORP              | JP        |    150500 | NS      | $2009785.86   | 2.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Sodexo SA                                    | Sodexo SA                                                                             | CUSIP: 000000000<br>LEI: 969500LCBOG12HXPYM84 | Long             | EC               | CORP              | FR        |      5640 | NS      | $289208.04    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Novartis AG                                  | Novartis AG                                                                           | CUSIP: 000000000<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |      9586 | NS      | $1317812.90   | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                             | Roche Holding AG                                                                      | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |      6707 | NS      | $2755103.85   | 2.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Nestle SA                                    | Nestle SA                                                                             | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |      6145 | NS      | $609061.56    | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Credit Agricole SA                           | Credit Agricole SA                                                                    | CUSIP: 000000000<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | EC               | CORP              | FR        |    109787 | NS      | $2265152.37   | 2.45%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                               | BNP Paribas SA                                                                        | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |     29421 | NS      | $2792158.24   | 3.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Industries Ltd           | Teva Pharmaceutical Industries Ltd                                                    | CUSIP: 881624209<br>LEI: 549300BAFGM4RC74ZJ94 | Long             | EC               | CORP              | IL        |     37559 | NS      | $1172216.39   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| DWS                                          | DWS Central Cash Management Government Fund                                           | CUSIP: 25160K306<br>LEI: 5493003GD84DGSXJ7618 | Long             | STIV             | RF                | US        |    494633 | NS      | $494633.29    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcelorMittal SA                             | ArcelorMittal SA                                                                      | CUSIP: 000000000<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | EC               | CORP              | LU        |     25389 | NS      | $1165881.76   | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Woodside Energy Group Ltd                    | Woodside Energy Group Ltd                                                             | CUSIP: 000000000<br>LEI: 2549005ZC5RXAOO7FH41 | Long             | EC               | CORP              | AU        |     16032 | NS      | $251785.66    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| TUI AG                                       | TUI AG                                                                                | CUSIP: 000000000<br>LEI: 529900SL2WSPV293B552 | Long             | EC               | CORP              | DE        |     34634 | NS      | $362680.70    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Tenaris SA                                   | Tenaris SA                                                                            | CUSIP: 000000000<br>LEI: 549300Y7C05BKC4HZB40 | Long             | EC               | CORP              | LU        |    142932 | NS      | $2761065.42   | 2.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Bunzl PLC                                    | Bunzl PLC                                                                             | CUSIP: 000000000<br>LEI: 213800Q1Q9DV4L78UM09 | Long             | EC               | CORP              | GB        |     13154 | NS      | $367966.60    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Engie SA                                     | Engie SA                                                                              | CUSIP: 000000000<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | EC               | CORP              | FR        |     13145 | NS      | $346335.86    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Oversea-Chinese Banking Corp Ltd             | Oversea-Chinese Banking Corp Ltd                                                      | CUSIP: 000000000<br>LEI: 5493007O3QFXCPOGWK22 | Long             | EC               | CORP              | SG        |    103100 | NS      | $1583991.05   | 1.71%             |  |  |  | No            |                  2 | On Loan: No      |
| TotalEnergies SE                             | TotalEnergies SE                                                                      | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |     21262 | NS      | $1393770.99   | 1.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Volvo AB                                     | Volvo AB                                                                              | CUSIP: 000000000<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |     50630 | NS      | $1616404.82   | 1.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Vinci SA                                     | Vinci SA                                                                              | CUSIP: 000000000<br>LEI: 213800WFQ334R8UXUG83 | Long             | EC               | CORP              | FR        |      4303 | NS      | $607169.57    | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Pandora A/S                                  | Pandora A/S                                                                           | CUSIP: 000000000<br>LEI: 5299007OWYZ6I1E46843 | Long             | EC               | CORP              | DK        |      2663 | NS      | $294823.06    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Brenntag SE                                  | Brenntag SE                                                                           | CUSIP: 000000000<br>LEI: NNROIXVWJ7CPSR27SV97 | Long             | EC               | CORP              | DE        |     11101 | NS      | $641489.44    | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Otsuka Holdings Co Ltd                       | Otsuka Holdings Co Ltd                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4800 | NS      | $271437.12    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| International Consolidated Airlines Group SA | International Consolidated Airlines Group SA                                          | CUSIP: 000000000<br>LEI: 959800TZHQRUSH1ESL13 | Long             | EC               | CORP              | ES        |    201632 | NS      | $1124130.61   | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| NatWest Group PLC                            | NatWest Group PLC                                                                     | CUSIP: 000000000<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EC               | CORP              | GB        |     43117 | NS      | $378470.36    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| GSK PLC                                      | GSK PLC                                                                               | CUSIP: 000000000<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |     71553 | NS      | $1760001.15   | 1.90%             |  |  |  | No            |                  2 | On Loan: No      |
| UniCredit SpA                                | UniCredit SpA                                                                         | CUSIP: 000000000<br>LEI: 549300TRUWO2CD2G5692 | Long             | EC               | CORP              | IT        |     29625 | NS      | $2450214.87   | 2.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                              | Nordea Bank Abp                                                                       | CUSIP: 000000000<br>LEI: 529900ODI3047E2LIV03 | Long             | EC               | CORP              | FI        |     33125 | NS      | $624372.75    | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-21

**Name of Applicant:** DEUTSCHE DWS VARIABLE SERIES I

**Signature:** Diane Kenneally

**Name of Signer:** Diane Kenneally

**Title:** Treasurer and Chief Financial Officer