# EDGAR Filing Document

**Accession Number:** 0000719269
**File Stem:** 0001752724-23-037812
**Filing Date:** 2023-2
**Character Count:** 31195
**Document Hash:** 3b40a12479d43dbf2f776f03dbdb1b0e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-037812.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001752724-23-037812

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MFS VARIABLE INSURANCE TRUST II
- **CENTRAL INDEX KEY:** 0000719269
- **IRS NUMBER:** 046540044
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03732
- **FILM NUMBER:** 23663356

**BUSINESS ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** 16179545839

**MAIL ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS SUN LIFE SERIES TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COMPASS SERIES TRUST
- **DATE OF NAME CHANGE:** 19850325

## Series and Classes Contracts Data

### MFS International Growth Portfolio (Series ID: S000002637)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000007243 | Initial Class |  |
| C000007244 | Service Class |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** MFS VARIABLE INSURANCE TRUST II

- **b. Investment Company Act file number:** 811-03732

- **c. CIK number of Registrant:** 0000719269

- **d. LEI of Registrant:** LQOFLJQP174GQBC84T87

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

  - **Street Address 1:** 111 HUNTINGTON AVENUE

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02199

  - **Telephone number:** 617-954-5000

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

- **a. Name of Series:** MFS International Growth Portfolio

- **b. EDGAR series identifier (if any):** S000002637

- **c. LEI of Series:** 8UVRTCWHDB4PB6VBAF77

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $187744138.60

**Total Liabilities:** $470208.26

**Net Assets:** $187273930.34

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000007244 | 4.34%                | 13.41%               | -3.45%               |
| Class ID C000007243 | 4.28%                | 13.46%               | -3.40%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $282148.92               | $7008929.47                                |
| Month 2  | $3521890.54              | $19607738.45                               |
| Month 3  | $-905.00                 | $-6841847.46                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Hypera SA                                 | Hypera SA                                 | CUSIP: 000000000<br>LEI: 25490092WKPBKTIZX403 | Long             | EC               | CORP              | BR        |     85226 | NS      | $729620.76    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Ping An Insurance Group Co of China Ltd   | Ping An Insurance Group Co of China Ltd   | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |    150500 | NS      | $995884.29    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE       | LVMH Moet Hennessy Louis Vuitton SE       | CUSIP: 000000000<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |      9229 | NS      | $6704360.03   | 3.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Yum China Holdings Inc                    | Yum China Holdings Inc                    | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |      8900 | NS      | $496703.19    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Flutter Entertainment PLC                 | Flutter Entertainment PLC                 | CUSIP: 000000000<br>LEI: 635400EG4YIJLJMZJ782 | Long             | EC               | CORP              | IE        |     21604 | NS      | $2948740.03   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| AVEVA Group PLC                           | AVEVA Group PLC                           | CUSIP: 000000000<br>LEI: 213800XHATUM2LFMKG16 | Long             | EC               | CORP              | GB        |     12315 | NS      | $478358.52    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Aristocrat Leisure Ltd                    | Aristocrat Leisure Ltd                    | CUSIP: 000000000<br>LEI: 529900TE2HO3OZKYKC27 | Long             | EC               | CORP              | AU        |     50158 | NS      | $1035826.60   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Rolls-Royce Holdings PLC                  | Rolls-Royce Holdings PLC                  | CUSIP: 000000000<br>LEI: 213800EC7997ZBLZJH69 | Long             | EC               | CORP              | GB        |   1270681 | NS      | $1431729.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                           | ASML Holding NV                           | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |      3126 | NS      | $1685828.21   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonova Holding AG                         | Sonova Holding AG                         | CUSIP: 000000000<br>LEI: 5299004A0QNX7FBNHS61 | Long             | EC               | CORP              | CH        |      5810 | NS      | $1382414.67   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| SAP SE                                    | SAP SE                                    | CUSIP: 000000000<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |     59735 | NS      | $6163494.73   | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Amadeus IT Group SA                       | Amadeus IT Group SA                       | CUSIP: 000000000<br>LEI: 9598004A3FTY3TEHHN09 | Long             | EC               | CORP              | ES        |     40325 | NS      | $2079562.16   | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Kingsoft Corp Ltd                         | Kingsoft Corp Ltd                         | CUSIP: 000000000<br>LEI: 529900UVT35D3Q7YQY41 | Long             | EC               | CORP              | KY        |    175200 | NS      | $585836.82    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Ritchie Bros Auctioneers Inc              | Ritchie Bros Auctioneers Inc              | CUSIP: 767744105<br>LEI: 5493002H8U24DJXQ4886 | Long             | EC               | CORP              | CA        |     40358 | NS      | $2331166.31   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Boerse AG                        | Deutsche Boerse AG                        | CUSIP: 000000000<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |     12862 | NS      | $2222174.79   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| DBS Group Holdings Ltd                    | DBS Group Holdings Ltd                    | CUSIP: 000000000<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |    115000 | NS      | $2912348.81   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Akzo Nobel NV                             | Akzo Nobel NV                             | CUSIP: 000000000<br>LEI: 724500XYIJUGXAA5QD70 | Long             | EC               | CORP              | NL        |     19354 | NS      | $1296085.52   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| GEA Group AG                              | GEA Group AG                              | CUSIP: 000000000<br>LEI: 549300PHUU0ZZWO8EO07 | Long             | EC               | CORP              | DE        |     54061 | NS      | $2210617.57   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Amorepacific Corp                         | Amorepacific Corp                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     16459 | NS      | $1804834.46   | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Reliance Industries Ltd                   | Reliance Industries Ltd                   | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |     46683 | NS      | $1432053.92   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Hitachi Ltd                               | Hitachi Ltd                               | CUSIP: 000000000<br>LEI: 549300T6IPOCDWLKC615 | Long             | EC               | CORP              | JP        |    125500 | NS      | $6315767.97   | 3.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Reckitt Benckiser Group PLC               | Reckitt Benckiser Group PLC               | CUSIP: 000000000<br>LEI: 5493003JFSMOJG48V108 | Long             | EC               | CORP              | GB        |     61774 | NS      | $4297184.07   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Just Eat Takeaway.com NV                  | Just Eat Takeaway.com NV                  | CUSIP: 000000000<br>LEI: 724500FVZIBSSQ7SHI95 | Long             | EC               | CORP              | NL        |     11029 | NS      | $233168.25    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                          | Roche Holding AG                          | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |     25176 | NS      | $7909617.69   | 4.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Showa Denko KK                            | Showa Denko KK                            | CUSIP: 000000000<br>LEI: 5493006AIPA1V92YPP18 | Long             | EC               | CORP              | JP        |     60200 | NS      | $914844.02    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Lottery Corp Ltd/The                      | Lottery Corp Ltd/The                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    126698 | NS      | $386455.33    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Z Holdings Corp                           | Z Holdings Corp                           | CUSIP: 000000000<br>LEI: 52990078MD2OL792YM35 | Long             | EC               | CORP              | JP        |    405300 | NS      | $1025294.12   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Kao Corp                                  | Kao Corp                                  | CUSIP: 000000000<br>LEI: 353800HM38HFCB8RGL63 | Long             | EC               | CORP              | JP        |     26300 | NS      | $1053082.14   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| ITC Ltd                                   | ITC Ltd                                   | CUSIP: 000000000<br>LEI: 335800WLOU3OFWFTMP43 | Long             | EC               | CORP              | IN        |    305011 | NS      | $1222366.70   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Kering SA                                 | Kering SA                                 | CUSIP: 000000000<br>LEI: 549300VGEJKB7SVUZR78 | Long             | EC               | CORP              | FR        |      3740 | NS      | $1914066.36   | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd                             | HDFC Bank Ltd                             | CUSIP: 000000000<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |    158014 | NS      | $3109760.60   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Ocado Group PLC                           | Ocado Group PLC                           | CUSIP: 000000000<br>LEI: 213800LO8F61YB8MBC74 | Long             | EC               | CORP              | GB        |     26334 | NS      | $196367.48    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Symrise AG                                | Symrise AG                                | CUSIP: 000000000<br>LEI: 529900D82I6R9601CF26 | Long             | EC               | CORP              | DE        |     17112 | NS      | $1861977.10   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Nice Ltd                                  | Nice Ltd                                  | CUSIP: 653656108<br>LEI: 254900YTY4EF5Z4W0A51 | Long             | EC               | CORP              | IL        |      3522 | NS      | $677280.60    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingspan Group PLC                        | Kingspan Group PLC                        | CUSIP: 000000000<br>LEI: 635400HM7V74SUB9OG75 | Long             | EC               | CORP              | IE        |      9857 | NS      | $533690.86    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Liquide SA                            | Air Liquide SA                            | CUSIP: 000000000<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |     23963 | NS      | $3408480.11   | 1.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Nestle SA                                 | Nestle SA                                 | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |     75708 | NS      | $8743174.96   | 4.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Agnico Eagle Mines Ltd                    | Agnico Eagle Mines Ltd                    | CUSIP: 008474108<br>LEI: YGE0EUBRF7IJOB3QRX76 | Long             | EC               | CORP              | CA        |     48379 | NS      | $2513992.94   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| WiseTech Global Ltd                       | WiseTech Global Ltd                       | CUSIP: 000000000<br>LEI: 254900VE3AF301Q85K83 | Long             | EC               | CORP              | AU        |     12189 | NS      | $420323.42    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Assa Abloy AB                             | Assa Abloy AB                             | CUSIP: 000000000<br>LEI: 549300YECS8HKCIMMB67 | Long             | EC               | CORP              | SE        |    125587 | NS      | $2702119.72   | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| London Stock Exchange Group PLC           | London Stock Exchange Group PLC           | CUSIP: 000000000<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |     10055 | NS      | $867451.68    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Nitto Denko Corp                          | Nitto Denko Corp                          | CUSIP: 000000000<br>LEI: 3538009GX5P09USH2J25 | Long             | EC               | CORP              | JP        |     24300 | NS      | $1397845.70   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Financiero Banorte SAB de CV        | Grupo Financiero Banorte SAB de CV        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |    180065 | NS      | $1292838.33   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| China Resources Gas Group Ltd             | China Resources Gas Group Ltd             | CUSIP: 000000000<br>LEI: 529900A0E1J5JSOKEK83 | Long             | EC               | CORP              | BM        |    394000 | NS      | $1467359.99   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Sika AG                                   | Sika AG                                   | CUSIP: 000000000<br>LEI: 549300R3N69ECGYPU434 | Long             | EC               | CORP              | CH        |      6437 | NS      | $1553179.83   | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Pernod Ricard SA                          | Pernod Ricard SA                          | CUSIP: 000000000<br>LEI: 52990097YFPX9J0H5D87 | Long             | EC               | CORP              | FR        |     19262 | NS      | $3788740.91   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcon Inc                                 | Alcon Inc                                 | CUSIP: 000000000<br>LEI: 549300LDT5AP8S0NBM78 | Long             | EC               | CORP              | CH        |      8350 | NS      | $573515.42    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Yum China Holdings Inc                    | Yum China Holdings Inc                    | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |     20965 | NS      | $1145737.25   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| MFS Institutional Money Market Portfolio  | MFS Institutional Money Market Portfolio  | CUSIP: 55291X109<br>LEI: 5L2W638H85N8T1136O07 | Long             | STIV             | RF                | US        |   2723482 | NS      | $2724298.92   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Kose Corp                                 | Kose Corp                                 | CUSIP: 000000000<br>LEI: 353800NX4GGAVDHHY664 | Long             | EC               | CORP              | JP        |      7400 | NS      | $803921.68    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Delta Electronics Inc                     | Delta Electronics Inc                     | CUSIP: 000000000<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |    277000 | NS      | $2582046.82   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosus NV                                 | Prosus NV                                 | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | EC               | CORP              | NL        |     13637 | NS      | $940823.04    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Burberry Group PLC                        | Burberry Group PLC                        | CUSIP: 000000000<br>LEI: 213800PE1KEFCNFR1R50 | Long             | EC               | CORP              | GB        |     68992 | NS      | $1693180.07   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp Japan                         | Oracle Corp Japan                         | CUSIP: 000000000<br>LEI: 529900MIMKY9RU60Z323 | Long             | EC               | CORP              | JP        |     13700 | NS      | $891377.71    | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| UPL Ltd                                   | UPL Ltd                                   | CUSIP: 000000000<br>LEI: 335800RJSM1SLHO4UA95 | Long             | EC               | CORP              | IN        |    168736 | NS      | $1460658.61   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Experian PLC                              | Experian PLC                              | CUSIP: 000000000<br>LEI: 635400RXXHHYT1JTSZ26 | Long             | EC               | CORP              | JE        |     85966 | NS      | $2923511.64   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Sugi Holdings Co Ltd                      | Sugi Holdings Co Ltd                      | CUSIP: 000000000<br>LEI: 529900N86BFWB1FADG87 | Long             | EC               | CORP              | JP        |     17700 | NS      | $789196.98    | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Prysmian SpA                              | Prysmian SpA                              | CUSIP: 000000000<br>LEI: 529900X0H1IO3RS1A464 | Long             | EC               | CORP              | IT        |     65936 | NS      | $2446342.93   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian National Railway Co              | Canadian National Railway Co              | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |     23328 | NS      | $2773232.64   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Bayer AG                                  | Bayer AG                                  | CUSIP: 000000000<br>LEI: 549300J4U55H3WP1XT59 | Long             | EC               | CORP              | DE        |     46460 | NS      | $2403351.26   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| AEON Financial Service Co Ltd             | AEON Financial Service Co Ltd             | CUSIP: 000000000<br>LEI: 35380044PRFENBU7WT74 | Long             | EC               | CORP              | JP        |     71300 | NS      | $757313.90    | 0.40%             |  |  |  | No            |                  2 | On Loan: —       |
| Capgemini SE                              | Capgemini SE                              | CUSIP: 000000000<br>LEI: 96950077L0TN7BAROX36 | Long             | EC               | CORP              | FR        |     10578 | NS      | $1774077.16   | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Merck KGaA                                | Merck KGaA                                | CUSIP: 000000000<br>LEI: 529900OAREIS0MOPTW25 | Long             | EC               | CORP              | DE        |      5380 | NS      | $1041806.40   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd                 | Alibaba Group Holding Ltd                 | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |    176300 | NS      | $1948109.97   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                                | Diageo PLC                                | CUSIP: 000000000<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |    104929 | NS      | $4630168.26   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Hynix Inc                              | SK Hynix Inc                              | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |      8383 | NS      | $504588.48    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| EssilorLuxottica SA                       | EssilorLuxottica SA                       | CUSIP: 000000000<br>LEI: 549300M3VH1A3ER1TB49 | Long             | EC               | CORP              | FR        |     28592 | NS      | $5206491.99   | 2.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Terumo Corp                               | Terumo Corp                               | CUSIP: 000000000<br>LEI: 353800JX1R4582QVK932 | Long             | EC               | CORP              | JP        |     54100 | NS      | $1529885.58   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Koito Manufacturing Co Ltd                | Koito Manufacturing Co Ltd                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     47800 | NS      | $712018.18    | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Dassault Systemes SE                      | Dassault Systemes SE                      | CUSIP: 000000000<br>LEI: 96950065LBWY0APQIM86 | Long             | EC               | CORP              | FR        |     25865 | NS      | $932874.85    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Credicorp Ltd                             | Credicorp Ltd                             | CUSIP: 000000000<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | BM        |     10995 | NS      | $1491581.70   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd | Taiwan Semiconductor Manufacturing Co Ltd | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     68087 | NS      | $5071800.63   | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Franco-Nevada Corp                        | Franco-Nevada Corp                        | CUSIP: 351858105<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     18680 | NS      | $2546357.16   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                               | Novartis AG                               | CUSIP: 000000000<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |     65499 | NS      | $5932985.35   | 3.17%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA Group Ltd                             | AIA Group Ltd                             | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |    524000 | NS      | $5772910.04   | 3.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                      | Tencent Holdings Ltd                      | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |     51500 | NS      | $2188863.58   | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Pacific Railway Ltd              | Canadian Pacific Railway Ltd              | CUSIP: 13645T100<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     30115 | NS      | $2245280.10   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVER Corp                                | NAVER Corp                                | CUSIP: 000000000<br>LEI: 988400ULUQYDB2HQYJ61 | Long             | EC               | CORP              | KR        |      7494 | NS      | $1064363.65   | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| QIAGEN NV                                 | QIAGEN NV                                 | CUSIP: 000000000<br>LEI: 54930036WK3GMCN17Z57 | Long             | EC               | CORP              | NL        |     55819 | NS      | $2808914.26   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                     | Schneider Electric SE                     | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |     40160 | NS      | $5648079.85   | 3.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Linde PLC                                 | Linde PLC                                 | CUSIP: 000000000<br>LEI: 8945002PAZHZLBGKGF02 | Long             | EC               | CORP              | IE        |     18010 | NS      | $5888708.04   | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Fleet Management Corp             | Element Fleet Management Corp             | CUSIP: 286181201<br>LEI: 5493000PGBS1C22ELQ16 | Long             | EC               | CORP              | CA        |    172808 | NS      | $2354732.35   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-17

**Name of Applicant:** MFS VARIABLE INSURANCE TRUST II

**Signature:** Kasey Phillips

**Name of Signer:** Kasey Phillips

**Title:** Assistant Treasurer