# EDGAR Filing Document

**Accession Number:** 0000892538
**File Stem:** 0001193125-25-139267
**Filing Date:** 2025-6
**Character Count:** 88241
**Document Hash:** 9c79f6e24ea346f2f5196d0679d03388
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-139267.hdr.sgml**: 20250611

**ACCESSION NUMBER**: 0001193125-25-139267

**CONFORMED SUBMISSION TYPE**: 485BPOS

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20250611

**DATE AS OF CHANGE**: 20250611

**EFFECTIVENESS DATE**: 20250611

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SUNAMERICA SERIES TRUST
- **CENTRAL INDEX KEY:** 0000892538

**ORGANIZATION NAME:**
- **EIN:** 137002445
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** 485BPOS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07238
- **FILM NUMBER:** 251040922

**BUSINESS ADDRESS:**
- **STREET 1:** 21650 OXNARD STREET, 10TH FLOOR
- **CITY:** WOODLAND HILLS
- **STATE:** CA
- **ZIP:** 91367
- **BUSINESS PHONE:** 551-235-3560

**MAIL ADDRESS:**
- **STREET 1:** 30 HUDSON STREET
- **STREET 2:** 16TH FLOOR
- **CITY:** JERSEY CITY
- **STATE:** NJ
- **ZIP:** 07302
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SUNAMERICA SERIES TRUST
- **CENTRAL INDEX KEY:** 0000892538

**ORGANIZATION NAME:**
- **EIN:** 137002445
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** 485BPOS
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-283871
- **FILM NUMBER:** 251040921

**BUSINESS ADDRESS:**
- **STREET 1:** 21650 OXNARD STREET, 10TH FLOOR
- **CITY:** WOODLAND HILLS
- **STATE:** CA
- **ZIP:** 91367
- **BUSINESS PHONE:** 551-235-3560

**MAIL ADDRESS:**
- **STREET 1:** 30 HUDSON STREET
- **STREET 2:** 16TH FLOOR
- **CITY:** JERSEY CITY
- **STATE:** NJ
- **ZIP:** 07302

## Series and Classes Contracts Data

### SA VCP Dynamic Allocation Portfolio (Series ID: S000035703)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000109363 | Class 3      |  |
| C000169131 | Class 1      |  |

### SA PIMCO VCP Tactical Balanced Portfolio (Series ID: S000040593)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000125868 | Class 3      |  |
| C000169135 | Class 1      |  |

### SA BlackRock VCP Global Multi Asset Portfolio (Series ID: S000052510)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000164958 | Class 3      |  |
| C000171603 | Class 1      |  |

**As filed with the Securities and Exchange Commission on June 11, 2025** 

**Securities Act File No. 333-283871** 

**U.S. SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

**FORM N-14** 

**REGISTRATION STATEMENT** 

***UNDER***

***THE SECURITIES ACT OF 1933***

**Pre-Effective Amendment No.** 

**Post-Effective Amendment No. 1** 

**(Check appropriate box or boxes)** 

## SUNAMERICA SERIES TRUST
**(Exact Name of Registrant as Specified in the Charter)** 

**21650 Oxnard Street, 10th Floor** 

**Woodland Hills, California 91367** 

**(Address of Principal Executive Offices)** 

**Telephone Number: (800) 858-8850** 

**(Area Code and Telephone Number)** 

**Kathleen D. Fuentes, Esq.** 

**SunAmerica Asset Management, LLC** 

**30 Hudson Street, 16th Floor** 

**Jersey City, NJ 07302** 

**(Name and Address of Agent for Service)** 

***Copies to:***

**Margery K. Neale, Esq.** 

**Elliot J. Gluck, Esq.** 

**Willkie Farr & Gallagher LLP** 

**787 Seventh Avenue** 

**New York, New York 10019-6099** 

**Approximate Date of Proposed Public Offering:** It is proposed that this filing will become effective immediately upon filing pursuant to paragraph (b) of Rule 485.

**Title of securities being registered: Shares of beneficial interest, without par value. Calculation of Registration Fee under the Securities Act of 1933: No filing fee is required because of reliance on Section 24(f) and Rule 24f-2 under the Investment Company Act of 1940.** 

------

**EXPLANATORY NOTE** 

<u>[Part A — Combined Information Statement/Prospectus and Part B — Statement of Additional Information, each in the form filed on January 29, 2025 pursuant to Rule 497 under the Securities Act of 1933, as amended (File No. 333-283871), are incorporated herein by reference.](http://www.sec.gov/Archives/edgar/data/892538/000119312525015892/d865935d497.htm)</u> 

This Amendment is being filed in order to add Exhibit 12 to this Registration Statement.

------

**PART C** 

**Item 15. Indemnification.** 

Section 9.5 of the Registrant's Declaration of Trust relating to the indemnification of officers and trustees is quoted below:

Section 9.5. Indemnification and Advancement of Expenses. Subject to the exceptions and limitations contained in this Section 9.5, every person who is, or has been, a Trustee, officer, or employee of the Trust, including persons who serve at the request of the Trust as directors, trustees, officers, employees or agents of another organization in which the Trust has an interest as a shareholder, creditor or otherwise (hereinafter referred to as a "Covered Person"), shall be indemnified by the Trust to the fullest extent permitted by law against liability and against all expenses reasonably incurred or paid by him or in connection with any claim, action, suit or proceeding in which he becomes involved as a party or otherwise by virtue of his being or having been such a Trustee, director, officer, employee or agent and against amounts paid or incurred by him in settlement thereof.

No indemnification shall be provided hereunder to a Covered Person to the extent such indemnification is prohibited by applicable federal law.

The rights of indemnification herein provided may be insured against by policies maintained by the Trust, shall be severable, shall not affect any other rights to which any Covered Person may now or hereafter be entitled, shall continue as to a person who has ceased to be such a Covered Person and shall inure to the benefit of the heirs, executors and administrators of such a Person.

Subject to applicable federal law, expenses of preparation and presentation of a defense to any claim, action, suit or proceeding subject to a claim for indemnification under this Section 9.5 shall be advanced by the Trust prior to final disposition thereof upon receipt of an undertaking by or on behalf of the recipient to repay such amount if it is ultimately determined that he is not entitled to indemnification under this Section 9.5.

To the extent that any determination is required to be made as to whether a Covered Person engaged in conduct for which indemnification is not provided as described herein, or as to whether there is reason to believe that a Covered Person ultimately will be found entitled to indemnification, the Person or Persons making the determination shall afford the Covered Person a rebuttable presumption that the Covered Person has not engaged in such conduct and that there is reason to believe that the Covered Person ultimately will be found entitled to indemnification.

As used in this Section 9.5, the words "claim," "action," "suit" or "proceeding" shall apply to all claims, demands, actions, suits, investigations, regulatory inquiries, proceedings or any other occurrence of a similar nature, whether actual or threatened and whether civil, criminal, administrative or other, including appeals, and the words "liability" and "expenses" shall include without limitation, attorneys' fees, costs, judgments, amounts paid in settlement, fines, penalties and other liabilities.

**Item 16. Exhibits** 

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| | |
|:---|:---|
| (1)(i)  | [Amended and Restated Declaration of Trust dated April 27, 2022. Incorporated herein by reference to Post- Effective Amendment No. 129 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 27, 2023.](http://www.sec.gov/Archives/edgar/data/892538/000119312523122077/d397945dex99a1.htm) |
| (ii)  | [Amended and Restated Establishment and Designation of Series dated May 23, 2017. Incorporated herein by reference to Post-Effective Amendment No. 100 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on August 16, 2017.](http://www.sec.gov/Archives/edgar/data/892538/000119312517259961/d438459dex99aii.htm) |
| (iii)  | [Amended and Restated Establishment and Designation of Series dated August 9, 2017. Incorporated herein by reference to Post-Effective Amendment No. 106 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 23, 2018.](http://www.sec.gov/Archives/edgar/data/892538/000119312518125282/d563640dex9928aiii.htm) |

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| | |
|:---|:---|
| (iv) | [Amended and Restated Establishment and Designation of Series dated December 19, 2017. Incorporated herein by reference to Post-Effective Amendment No. 104 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on February 1, 2018.](http://www.sec.gov/Archives/edgar/data/892538/000119312518029459/d532376dex99aiv.htm) |
| (v)  | [Amended and Restated Designation of Series of Shares dated April 4, 2018. Incorporated herein by reference to Post-Effective Amendment No. 106 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 23, 2018.](http://www.sec.gov/Archives/edgar/data/892538/000119312518125282/d563640dex9928avi.htm) |
| (vi)  | [Amended and Restated Establishment and Designation of Series dated December 12, 2018. Incorporated herein by reference to Post-Effective Amendment No. 109 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on December 17, 2018.](http://www.sec.gov/Archives/edgar/data/892538/000119312518351032/d663589dex99avii.htm) |
| (vii)  | [Amended and Restated Establishment and Designation of Series dated June 12, 2019. Incorporated herein by reference to Post-Effective Amendment No. 114 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on July 24, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519201396/d737024dex99avii.htm) |
| (viii) | [Amended and Restated Establishment and Designation of Series dated April 28, 2020. Incorporated herein by reference to Post-Effective Amendment No. 119 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on July 24, 2020.](http://www.sec.gov/Archives/edgar/data/892538/000119312520198420/d33959dex99a8.htm) |
| (ix)  | [Amended and Restated Establishment and Designation of Series dated October 12, 2020. Incorporated herein by reference to Post-Effective Amendment No. 122 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on January 25, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521016471/d98735dex99a9.htm) |
| (x)  | [Amended and Restated Establishment and Designation of Series dated April 27, 2021. Incorporated herein by reference to Post-Effective Amendment No. 123 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521144818/d143484dex99a10.htm) |
| (xi)  | [Amended and Restated Establishment and Designation of Series dated May 25, 2021. Incorporated herein by reference to Post-Effective Amendment No. 125 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on May 27, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521175521/d181402dex99a11.htm) |
| (xii)  | [Amended and Restated Establishment and Designation of Series dated June 27, 2022. Incorporated herein by reference to Post-Effective Amendment No. 129 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 27, 2023.](http://www.sec.gov/Archives/edgar/data/892538/000119312523122077/d397945dex99a12.htm) |
| (xiii) | [Amended and Restated Establishment and Designation of Series, dated June 26, 2023. Incorporated herein by reference to Post-Effective Amendment No. 131 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on July 5, 2023.](http://www.sec.gov/Archives/edgar/data/892538/000119312523181907/d260376dex99a13.htm) |
| (xiv) | [Amended and Restated Establishment and Designation of Series, dated April 12, 2024. Incorporated herein by reference to Post-Effective Amendment No. 133 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 29, 2024.](http://www.sec.gov/Archives/edgar/data/892538/000119312524118272/d822167dex99a14.htm) |
| (2) | [Amended and Restated By-Laws dated April 27, 2022. Incorporated herein by reference to Post-Effective Amendment No. 129 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 27, 2023.](http://www.sec.gov/Archives/edgar/data/892538/000119312523122077/d397945dex99b.htm) |
| (3) | None. |
| (4) | Form of Agreement and Plan of Reorganization (included as Appendix B to the Combined Information Statement/Prospectus included in this Registration Statement). |
| (5) | None. |
| (6) (i)  | [Investment Advisory and Management Agreement between the Registrant and SunAmerica Asset Management, LLC ("SunAmerica"), dated January 1, 1999, as amended. Incorporated herein by reference to the Registrant's Registration Statement on Form N-14 (File No. 333-283870) filed on December 17, 2024.](http://www.sec.gov/Archives/edgar/data/892538/000119312524280426/d865935dex996i.htm) |
| (ii)  | [Subadvisory Agreement between SunAmerica and AllianceBernstein, L.P., dated November 13, 2019. Incorporated herein by reference to Post-Effective Amendment No. 117 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 29, 2020.](http://www.sec.gov/Archives/edgar/data/892538/000168386320006760/f4692d2.htm) |

---

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(iii) [Amendment No. 1 to Subadvisory Agreement between SunAmerica and AllianceBernstein, L.P., dated November 1, 2022. Incorporated herein by reference to Post-Effective Amendment No. 129 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 27, 2023.](http://www.sec.gov/Archives/edgar/data/892538/000119312523122077/d397945dex99d3.htm)

(iv) [Subadvisory Agreement between SunAmerica and BlackRock Investment Management, LLC, dated January 13, 2016. Incorporated herein by reference to Post-Effective Amendment No. 85 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 22, 2016.](http://www.sec.gov/Archives/edgar/data/892538/000119312516552116/d174923dex99dx.htm)

(v) [Amendment No. 1 to the Subadvisory Agreement between SunAmerica and BlackRock Investment Management, LLC, dated February 1, 2019. Incorporated herein by reference to Post-Effective Amendment No. 112 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519129685/d711864dex99dxiii.htm)

(vi) [Amendment No. 2 to the Subadvisory Agreement between SunAmerica and BlackRock Investment Management, LLC, dated October 13, 2020. Incorporated herein by reference to Post-Effective Amendment No. 120 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on October 13, 2020.](http://www.sec.gov/Archives/edgar/data/892538/000119312520268453/d33959dex99d5.htm)

(vii) [Subadvisory Agreement between SunAmerica and Brandywine Global Investment Management, LLC, dated July 31, 2020. Incorporated herein by reference to Post-Effective Amendment No. 123 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521144818/d143484dex99d6.htm)

(viii) [Subadvisory Agreement between SunAmerica and Federated Investment Counseling, dated January 1, 1999. Incorporated herein by reference to Post-Effective Amendment No. 39 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 13, 2006.](http://www.sec.gov/Archives/edgar/data/892538/000095012906003937/h32438bexv99wdwix.txt)

(ix) [Amendment to Subadvisory Agreement between SunAmerica and Federated Investment Counseling, dated May 1, 2004 (transferring subadvisory responsibilities for Federated American Leaders Portfolio and Telecom Utility Portfolio to Federated Equity Management Company of Pennsylvania and Corporate Bond Portfolio to Federated Investment Management Company). Incorporated herein by reference to Post-Effective Amendment No. 35 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 15, 2004.](http://www.sec.gov/Archives/edgar/data/892538/000095012904002124/h14463exv99wdwvii.txt)

(x) [Amendment No. 2 to Subadvisory Agreement between SunAmerica and Federated Equity Management Company of Pennsylvania and Federated Investment Management Company dated February 19, 2007. Incorporated herein by reference to Post-Effective Amendment No. 43 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 16, 2007.](http://www.sec.gov/Archives/edgar/data/892538/000095012907001998/h43436bexv99w23dwxv.txt)

(xi) [Amendment No. 3 to Subadvisory Agreement between SunAmerica and Federated Investment Management Company dated October 2, 2007. Incorporated herein by reference to Post-Effective Amendment No. 45 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 18, 2008.](http://www.sec.gov/Archives/edgar/data/892538/000095012908002310/h54475exv99wdwxx.htm)

(xii) [Subadvisory Agreement between SunAmerica and FIAM LLC (formerly, Pyramis Global Investors, LLC) dated October 1, 2013. Incorporated herein by reference to Post-Effective Amendment No. 75 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 25, 2014.](http://www.sec.gov/Archives/edgar/data/892538/000119312514160135/d676657dex99dliii.htm)

(xiii) [Amendment No. 1 to the Subadvisory Agreement between SunAmerica and FIAM LLC dated May 1, 2019. Incorporated herein by reference to Post-Effective Amendment No. 128 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 26, 2022.](http://www.sec.gov/Archives/edgar/data/892538/000119312522120420/d146916dex99d14.htm)

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(xiv) [Subadvisory Agreement between SunAmerica and Franklin Advisers, Inc. dated October 7, 2019. Incorporated herein by reference to Post-Effective Amendment No. 115 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on October 7, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519263835/d811562dex99dxxiii.htm)

(xv) [Amendment No. 1 to Subadvisory Agreement between SunAmerica and Franklin Advisers, Inc., dated July 12, 2021. Incorporated herein by reference to Post-Effective Amendment No. 126 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on July 12, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521213182/d176311dex99d16.htm)

(xvi) [Subadvisory Agreement between SunAmerica and Franklin Advisory Services, LLC dated August 28, 2002. Incorporated herein by reference to Post-Effective Amendment No. 35 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 15, 2004.](http://www.sec.gov/Archives/edgar/data/892538/000095012904002124/h14463exv99wdwviii.txt)

(xvii) [Amendment No. 1 to Subadvisory Agreement between SunAmerica and Franklin Advisory Services, LLC dated January 19, 2007. Incorporated herein by reference to Post-Effective Amendment No. 43 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 16, 2007.](http://www.sec.gov/Archives/edgar/data/892538/000095012907001998/h43436bexv99w23dwxvii.txt)

(xviii) [Amendment No. 2 to Subadvisory Agreement between SunAmerica and Franklin Advisory Services, LLC dated October 2, 2007. Incorporated herein by reference to Post-Effective Amendment No. 45 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 18, 2008.](http://www.sec.gov/Archives/edgar/data/892538/000095012908002310/h54475exv99wdwxxiii.htm)

(xix) [Assignment and Assumption Agreement between Franklin Advisory Services, LLC and Franklin Mutual Advisers, LLC dated November 1, 2018. Incorporated herein by reference to Post-Effective Amendment No. 115 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on October 7, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519263835/d811562dex99dxxvii.htm)

(xx) [Subadvisory Agreement between SunAmerica and Goldman Sachs Asset Management International dated January 1, 1999. Incorporated herein by reference to Post-Effective Amendment No. 35 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 15, 2004.](http://www.sec.gov/Archives/edgar/data/892538/000095012904002124/h14463exv99wdwx.txt)

(xxi) [Amendment No. 1 to Subadvisory Agreement between SunAmerica and Goldman Sachs Asset Management International dated January 19, 2007. Incorporated herein by reference to Post-Effective Amendment No. 44 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on February 13, 2008.](http://www.sec.gov/Archives/edgar/data/892538/000095012908000872/h53122aexv99w23dwxix.htm)

(xxii) [Amendment No. 2 to Subadvisory Agreement between SunAmerica and Goldman Sachs Asset Management International dated October 2, 2007. Incorporated herein by reference to Post-Effective Amendment No. 45 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 18, 2008.](http://www.sec.gov/Archives/edgar/data/892538/000095012908002310/h54475exv99wdwxxvi.htm)

(xxiii) [Amendment No. 3 to Subadvisory Agreement between SunAmerica and Goldman Sachs Asset Management International dated March 23, 2017. Incorporated herein by reference to Post-Effective Amendment No. 123 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521144818/d143484dex99d22.htm)

(xxiv) [Subadvisory Agreement between SunAmerica and Goldman Sachs Asset Management, L.P. dated October 4, 2017. Incorporated herein by reference to Post-Effective Amendment No. 106 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 23, 2018.](http://www.sec.gov/Archives/edgar/data/892538/000119312518125282/d563640dex9928dxxv.htm)

(xxv) [Subadvisory Agreement between SunAmerica and Invesco Advisers, Inc. dated June 1, 2010. Incorporated herein by reference to Post-Effective Amendment No. 49 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 21, 2011.](http://www.sec.gov/Archives/edgar/data/892538/000095012311037901/h81272b1exv99w28wdwxxv.htm)

(xxvi) [Subadvisory Agreement between SunAmerica and Invesco Advisers, Inc. dated May 1, 2013. Incorporated herein by reference to Post-Effective Amendment No. 70 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 22, 2013.](http://www.sec.gov/Archives/edgar/data/892538/000119312513165239/d516937dex99dxxix.htm)

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(xxvii) [Amendment No. 1 to the Subadvisory Agreement between SunAmerica and Invesco Advisers, Inc. dated May 24, 2019. Incorporated herein by reference to Post-Effective Amendment No. 117 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 29, 2020.](http://www.sec.gov/Archives/edgar/data/892538/000168386320006760/f4692d3.htm)

(xxviii) [Subadvisory Agreement between SunAmerica and J.P. Morgan Investment Management Inc. dated November 1, 2005. Incorporated herein by reference to Post-Effective Amendment No. 39 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 13, 2006.](http://www.sec.gov/Archives/edgar/data/892538/000095012906003937/h32438bexv99wdwxvi.txt)

(xxix) [Amendment to Subadvisory Agreement between SunAmerica and J.P. Morgan Investment Management Inc. dated January 23, 2006. Incorporated herein by reference to Post-Effective Amendment No. 39 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 13, 2006.](http://www.sec.gov/Archives/edgar/data/892538/000095012906003937/h32438bexv99wdwxvii.txt)

(xxx) [Amendment No. 2 to Subadvisory Agreement between SunAmerica and J.P. Morgan Investment Management Inc. dated May 1, 2007. Incorporated herein by reference to Post-Effective Amendment No. 43 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 16, 2007.](http://www.sec.gov/Archives/edgar/data/892538/000095012907001998/h43436bexv99w23dwxxii.txt)

(xxxi) [Amendment No. 3 to Subadvisory Agreement between SunAmerica and J.P. Morgan Investment Management Inc. dated October 2, 2007. Incorporated herein by reference to Post-Effective Amendment No. 45 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 18, 2008.](http://www.sec.gov/Archives/edgar/data/892538/000095012908002310/h54475exv99wdwxxx.htm)

(xxxii) [Amendment No. 4 to Subadvisory Agreement between SunAmerica and J.P. Morgan Investment Management Inc. dated November 15, 2010. Incorporated herein by reference to Post-Effective Amendment No. 49 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 21, 2011.](http://www.sec.gov/Archives/edgar/data/892538/000095012311037901/h81272b1exv99w28wdwxxx.htm)

(xxxiii) [Amendment No. 5 to Subadvisory Agreement between SunAmerica and J.P. Morgan Investment Management Inc. dated January 14, 2013. Incorporated herein by reference to Post-Effective Amendment No. 70 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 22, 2013.](http://www.sec.gov/Archives/edgar/data/892538/000119312513165239/d516937dex99dxxxv.htm)

(xxxiv) [Amendment No. 6 to Subadvisory Agreement between SunAmerica and J.P. Morgan Investment Management Inc. dated January 20, 2015. Incorporated herein by reference to Post-Effective Amendment No. 77 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on February 17, 2015.](http://www.sec.gov/Archives/edgar/data/892538/000125889715001342/d873754dex9928dxxxvii.htm)

(xxxv) [Amendment No. 7 to Subadvisory Agreement between SunAmerica and J.P. Morgan Investment Management Inc. dated April 30, 2021. Incorporated herein by reference to Post-Effective Amendment No. 123 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521144818/d143484dex99d34.htm)

(xxxvi) [Amendment No. 8 to Subadvisory Agreement between SunAmerica and J.P. Morgan Investment Management Inc., dated November 8, 2021. Incorporated herein by reference to Post-Effective Amendment No. 1 to the Registrant's Registration Statement on Form N-14 (File No. 333-257555) filed on December 15, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521357747/d238833dex99f36.htm)

(xxxvii) [Amendment No. 9 to Subadvisory Agreement between SunAmerica and J.P. Morgan Investment Management Inc., dated July 5, 2023. Incorporated herein by reference to Post-Effective Amendment No. 131 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on July 5, 2023.](http://www.sec.gov/Archives/edgar/data/892538/000119312523181907/d260376dex99d39.htm)

(xxxviii) [Amendment No. 10 to Subadvisory Agreement between SunAmerica and J.P. Morgan Investment Management Inc., dated April 29, 2024. Incorporated herein by reference to Post-Effective Amendment No. 133 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 26, 2024.](http://www.sec.gov/Archives/edgar/data/892538/000119312524118272/d822167dex99d38.htm)

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(xxxix) [Subadvisory Agreement between SunAmerica and Janus Capital Management, LLC dated May 30, 2017. Incorporated herein by reference to Post-Effective Amendment No. 112 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519129685/d711864dex99dxxxix.htm)

(xl) [Subadvisory Agreement between SunAmerica and Massachusetts Financial Services Company dated January 1, 1999. Incorporated herein by reference to the Registrant's Form N-14 filed on August 21, 2003.](http://www.sec.gov/Archives/edgar/data/892538/000120677403000644/d13165_ex6iii.txt)

(xli) [Amendment No. 1 to Subadvisory Agreement between SunAmerica and Massachusetts Financial Services Company dated May 1, 2007. Incorporated herein by reference to Post-Effective Amendment No. 44 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on February 13, 2008.](http://www.sec.gov/Archives/edgar/data/892538/000095012908000872/h53122aexv99w23dwxxvi.htm)

(xlii) [Amendment No. 2 to Subadvisory Agreement between SunAmerica and Massachusetts Financial Services Company dated October 2, 2007. Incorporated herein by reference to Post-Effective Amendment No. 45 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 18, 2008.](http://www.sec.gov/Archives/edgar/data/892538/000095012908002310/h54475exv99wdwxxxiv.htm)

(xliii) [Amendment No. 3 to Subadvisory Agreement between SunAmerica and Massachusetts Financial Services Company dated November 1, 2008. Incorporated herein by reference to Post-Effective Amendment No. 46 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 17, 2009.](http://www.sec.gov/Archives/edgar/data/892538/000095013409007790/h65976bexv99wdwxxxv.htm)

(xliv) [Amendment No. 4 to Subadvisory Agreement between SunAmerica and Massachusetts Financial Services Company dated October 1, 2013. Incorporated herein by reference to Post-Effective Amendment No. 75 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 25, 2014.](http://www.sec.gov/Archives/edgar/data/892538/000119312514160135/d676657dex99dxli.htm)

(xlv) [Amendment No. 5 to Subadvisory Agreement between SunAmerica and Massachusetts Financial Services Company dated January 20, 2015. Incorporated herein by reference to Post-Effective Amendment No. 77 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on February 17, 2015.](http://www.sec.gov/Archives/edgar/data/892538/000125889715001342/d873754dex9928dxliii.htm)

(xlvi) [Amendment No. 6 to Subadvisory Agreement between SunAmerica and Massachusetts Financial Services Company dated April 1, 2015. Incorporated herein by reference to Post-Effective Amendment No. 78 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 24, 2015.](http://www.sec.gov/Archives/edgar/data/892538/000119312515146406/d873754dex9928dxlv.htm)

(xlvii) [Amendment No. 7 to Subadvisory Agreement between SunAmerica and Massachusetts Financial Services Company dated March 27, 2019. Incorporated herein by reference to Post-Effective Amendment No. 123 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521144818/d143484dex99d43.htm)

(xlviii) [Amendment No. 8 to Subadvisory Agreement between SunAmerica and Massachusetts Financial Services Company dated November 1, 2020. Incorporated herein by reference to Post-Effective Amendment No. 123 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521144818/d143484dex99d44.htm)

(xlix) [Subadvisory Agreement, as amended, between SunAmerica and Morgan Stanley Investment Management Inc. (formerly, Morgan Stanley Dean Witter Investment Management) dated May 1, 2001. Incorporated herein by reference to Post-Effective Amendment No. 35 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 15, 2004.](http://www.sec.gov/Archives/edgar/data/892538/000095012904002124/h14463exv99wdwxiii.txt)

(l) [Amendment No. 1 to Subadvisory Agreement between SunAmerica and Morgan Stanley Investment Management Inc. dated January 1, 2005. Incorporated herein by reference to Post-Effective Amendment No. 37 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 14, 2005.](http://www.sec.gov/Archives/edgar/data/892538/000095012905003700/h21402bpexv99wdwxvii.txt)

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(li) [Amendment No. 2 to Subadvisory Agreement between SunAmerica and Morgan Stanley Investment Management Inc. dated October 3, 2005. Incorporated herein by reference to Post-Effective Amendment No. 39 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 13, 2006.](http://www.sec.gov/Archives/edgar/data/892538/000095012906003937/h32438bexv99wdwxxii.txt)

(lii) [Amendment No. 3 to Subadvisory Agreement between SunAmerica and Morgan Stanley Investment Management Inc. dated November 1, 2005. Incorporated herein by reference to Post-Effective Amendment No. 39 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 13, 2006.](http://www.sec.gov/Archives/edgar/data/892538/000095012906003937/h32438bexv99wdwxxiii.txt)

(liii) [Amendment No. 4 to Subadvisory Agreement between SunAmerica and Morgan Stanley Investment Management Inc. dated October 2, 2007. Incorporated herein by reference to Post-Effective Amendment No. 45 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 18, 2008.](http://www.sec.gov/Archives/edgar/data/892538/000095012908002310/h54475exv99wdwxxxix.htm)

(liv) [Amendment No. 5 to Subadvisory Agreement between SunAmerica and Morgan Stanley Investment Management Inc. dated October 17, 2014. Incorporated herein by reference to Post-Effective Amendment No. 77 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on February 17, 2015.](http://www.sec.gov/Archives/edgar/data/892538/000125889715001342/d873754dex9928dxlix.htm)

(lv) [Amendment No. 6 to Subadvisory Agreement between SunAmerica and Morgan Stanley Investment Management Inc. dated November 1, 2020. Incorporated herein by reference to Post-Effective Amendment No. 123 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521144818/d143484dex99d51.htm)

(lvi) [Subadvisory Agreement between SunAmerica and Pacific Investment Management Company LLC ("PIMCO") dated May 1, 2008. Incorporated herein by reference to Post-Effective Amendment No. 45 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 18, 2008.](http://www.sec.gov/Archives/edgar/data/892538/000095012908002310/h54475exv99wdwxlii.htm)

(lvii) [Amendment No. 1 to Subadvisory Agreement between SunAmerica and PIMCO dated March 21, 2013. Incorporated herein by reference to Post-Effective Amendment No. 75 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 25, 2014.](http://www.sec.gov/Archives/edgar/data/892538/000119312514160135/d676657dex99dl.htm)

(lviii) [Amendment No. 2 to Subadvisory Agreement between SunAmerica and PIMCO dated January 25, 2021. Incorporated herein by reference to Post-Effective Amendment No. 122 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on January 25, 2021.](http://www.sec.gov/Archives/edgar/data/0000892538/000119312521016471/d98735dex99d51.htm)

(lix) [Amendment No. 3 to Subadvisory Agreement between SunAmerica and PIMCO, dated April 29, 2024. Incorporated herein by reference to by reference to Post-Effective Amendment No. 133 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 26, 2024.](http://www.sec.gov/Archives/edgar/data/892538/000119312524118272/d822167dex99d59.htm)

(lx) [Amended and Restated Sub-subadvisory Agreement between PIMCO and Research Affiliates, LLC, dated February 4, 2022. Incorporated herein by reference to Post-Effective Amendment No. 128 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 26, 2022.](http://www.sec.gov/Archives/edgar/data/892538/000119312522120420/d146916dex99d58.htm)

(lxi) [Subadvisory Agreement between SunAmerica and PineBridge Investments, LLC dated March 29, 2010. Incorporated herein by reference to Post-Effective Amendment No. 48 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 22, 2010.](http://www.sec.gov/Archives/edgar/data/892538/000095012310037237/h69646dexv99w28dwxlv.htm)

(lxii) [Amendment No. 1 to the Subadvisory Agreement between SunAmerica and PineBridge Investments, LLC, dated October 1, 2013. Incorporated herein by reference to Post-Effective Amendment No. 123 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521144818/d143484dex99d58.htm)

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(lxiii) [Subadvisory Agreement between SunAmerica and Putnam Investment Management, LLC, dated January 1, 2024. Incorporated herein by reference to Post-Effective Amendment No. 133 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 26, 2024.](http://www.sec.gov/Archives/edgar/data/892538/000119312524118272/d822167dex99d63.htm)

(lxiv) [Subadvisory Agreement between SunAmerica and QS Investors, LLC dated July 31, 2020. Incorporated herein by reference to Post-Effective Amendment No. 123 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521144818/d143484dex99d60.htm)

(lxv) [Novation Agreement by and among SunAmerica, Franklin Advisers, Inc. and QS Investors, LLC, dated August 7, 2021, whereby all of QS Investors, LLC's rights and obligations as subadviser were transferred to Franklin Advisers, Inc. as a result of QS Investors, LLC's merger with Franklin Advisers, Inc. Incorporated herein by reference to Post-Effective Amendment No. 128 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 26, 2022.](http://www.sec.gov/Archives/edgar/data/892538/000119312522120420/d146916dex99d64.htm)

(lxvi) [Sub-subadvisory Agreement between QS Investors, LLC and Brandywine Global Investment Management, LLC dated July 31, 2020. Incorporated herein by reference to Post-Effective Amendment No. 123 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521144818/d143484dex99d61.htm)

(lxvii) [Sub-subadvisory Agreement between QS Investors, LLC and ClearBridge Investments, LLC dated July 31, 2020. Incorporated herein by reference to Post-Effective Amendment No. 123 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521144818/d143484dex99d62.htm)

(lxviii) [Sub-subadvisory Agreement between QS Investors, LLC and Western Asset Management Company dated July 31, 2020. Incorporated herein by reference to Post-Effective Amendment No. 123 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521144818/d143484dex99d63.htm)

(lxix) [Subadvisory Agreement between SunAmerica and Schroder Investment Management North America Inc. dated January 13, 2016. Incorporated herein by reference to Post-Effective Amendment No. 85 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 22, 2016.](http://www.sec.gov/Archives/edgar/data/892538/000119312516552116/d174923dex99dliv.htm)

(lxx) [Sub-subadvisory Agreement between Schroder Investment Management North America Inc. and Schroder Investment Management North America Ltd. dated January 13, 2016. Incorporated herein by reference to Post- Effective Amendment No. 85 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 22, 2016.](http://www.sec.gov/Archives/edgar/data/892538/000119312516552116/d174923dex99dlv.htm)

(lxxi) [Amendment to Sub-subadvisory Agreement between Schroder Investment Management North America Inc. and Schroder Investment Management North America Ltd. dated April 1, 2018. Incorporated herein by reference to Post-Effective Amendment No. 106 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 23, 2018.](http://www.sec.gov/Archives/edgar/data/892538/000119312518125282/d563640dex9928dlvii.htm)

(lxxii) [Subadvisory Agreement between SunAmerica and T. Rowe Price Associates, Inc. dated January 13, 2016. Incorporated herein by reference to Post-Effective Amendment No. 85 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 22, 2016.](http://www.sec.gov/Archives/edgar/data/892538/000119312516552116/d174923dex99dlvi.htm)

(lxxiii) [Amendment No. 1 to Subadvisory Agreement between SunAmerica and T. Rowe Price Associates, Inc. dated October 4, 2017. Incorporated herein by reference to Post-Effective Amendment No. 106 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 23, 2018.](http://www.sec.gov/Archives/edgar/data/892538/000119312518125282/d563640dex9928dlix.htm)

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| | |
|:---|:---|
| (lxxiv) | [Sub-subadvisory Agreement between T. Rowe Price Agreement, Inc. and T. Rowe Price Investment Management, Inc. on behalf of SA T. Rowe Price VCP Balanced Portfolio dated March 7, 2022. Incorporated herein by reference to Post-Effective Amendment No. 128 to the Registrant's Registration Statement on Form N-1A (File No. 811- 07238) filed on April 26, 2022.](http://www.sec.gov/Archives/edgar/data/892538/000119312522120420/d146916dex99d74.htm) |
| (lxxv) | [Sub-subadvisory Agreement between T. Rowe Price Associates, Inc. and T. Rowe Price International Ltd. on behalf of the SA T. Rowe Price Asset Allocation Growth Portfolio, dated May 1, 2022. Incorporated herein by reference to Post-Effective Amendment No. 129 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 27, 2023.](http://www.sec.gov/Archives/edgar/data/892538/000119312523122077/d397945dex99d75.htm) |
| (lxxvi) | [Amendment to Amended and Restated Sub-subadvisory Agreement between T. Rowe Price Associates, Inc. and T. Rowe Price International Ltd. on behalf of the SA T. Rowe Price Asset Allocation Growth Portfolio and the SA T. Rowe Price VCP Balanced Portfolio dated April 1, 2024. Incorporated herein by reference to Post-Effective Amendment No. 133 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 26, 2024.](http://www.sec.gov/Archives/edgar/data/0000892538/000119312524118272/d822167dex99d76.htm) |
| (lxxvii) | [Sub-subadvisory Agreement between T. Rowe Price Associates, Inc. and T. Rowe Price Australia Limited on behalf of the SA T. Rowe Price VCP Balanced Portfolio, dated January 1, 2024. Incorporated herein by reference to Post-Effective Amendment No. 132 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on February 23, 2024.](http://www.sec.gov/Archives/edgar/data/892538/000119312524044429/d788620dex99d79.htm) |
| (lxxviii) | [Subadvisory Agreement between SunAmerica and Wellington Management Company, LLP, dated August 10, 2021. Incorporated herein by reference to Post-Effective No. 128 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 26, 2022.](http://www.sec.gov/Archives/edgar/data/892538/000119312522120420/d146916dex99d75.htm) |
| (lxxix) | [Master-Feeder Addendum to Investment Advisory and Management Agreement, as amended October 15, 2012. Incorporated herein by reference to Post-Effective Amendment No. 70 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 22, 2013.](http://www.sec.gov/Archives/edgar/data/892538/000119312513165239/d516937dex99dlviii.htm) |
| (lxxx) | [First Amended and Restated Master Advisory Fee Waiver Agreement between the Registrant and SunAmerica with respect to select Portfolios, dated November 1, 2024. Incorporated herein by reference to the Registrant's Registration Statement on Form N-14 (File No. 333-283870) filed on December 17, 2024.](http://www.sec.gov/Archives/edgar/data/892538/000119312524280426/d865935dex996lxxx.htm) |
| (lxxxi) | [Voluntary Advisory Fee Waiver Agreement for the SA Franklin Small Company Value Portfolio dated November 1, 2022. Incorporated herein by reference to Post-Effective Amendment No. 129 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 27, 2023.](http://www.sec.gov/Archives/edgar/data/892538/000119312523122077/d397945dex99d98.htm) |
| (7) | [Distribution Agreement between the Registrant and SunAmerica Capital Services, Inc. dated May 21, 2002. Incorporated herein by reference to the Registrant's Form N-14AE filed August 21, 2003.](http://www.sec.gov/Archives/edgar/data/892538/000120677403000644/d13165_ex7.txt) |
| (8) | None. |
| (9) (i) | [Master Custodian Agreement between the Registrant and State Street Bank and Trust Company effective January 18, 2006. Incorporated herein by reference to Post-Effective Amendment No. 39 to the Registrant's Registration Statement on Form N-1A (File No. 811-7238) filed on April 13, 2006.](http://www.sec.gov/Archives/edgar/data/892538/000095012906003937/h32438bexv99wgwi.txt) |
| (ii) | [Amendment to Master Custodian Agreement between the Registrant and State Street Bank and Trust Company effective January 18, 2006. Incorporated herein by reference to Post-Effective Amendment No. 39 to the Registrant's Registration Statement on Form N-1A (File No. 811-7238) filed on April 13, 2006.](http://www.sec.gov/Archives/edgar/data/892538/000095012906003937/h32438bexv99wgwii.txt) |

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| | |
|:---|:---|
| (10)(i) | [Distribution Plan Pursuant to Rule 12b-1 (Class 1 Shares, formerly Class A Shares), as amended August 10, 2021. Incorporated herein by reference to Post-Effective Amendment No. 127 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on August 10, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521241772/d94868dex99m1.htm) |
| (ii) | [Distribution and Service Plan Pursuant to Rule 12b-1 (Class 2 Shares, formerly Class B Shares), as amended August 10, 2021. Incorporated herein by reference to Post-Effective Amendment No. 127 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on August 10, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521241772/d94868dex99m2.htm) |
| (iii) | [Distribution and Service Plan Pursuant to Rule 12b-1 (Class 3 Shares), as amended August 10, 2021. Incorporated herein by reference to Post-Effective Amendment No. 127 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on August 10, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521241772/d94868dex99m3.htm) |
| (iv) | [Amended and Restated Plan Pursuant to 18f-3. Incorporated herein by reference to Post-Effective Amendment No. 31 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on August 1, 2002.](http://www.sec.gov/Archives/edgar/data/892538/000095012302007394/y62092exv99wnwii.txt) |
| (11) | [Opinion and Consent of Morgan Lewis & Bockius LLP, counsel for the Registrant. Incorporated herein by reference to the Registrant's Registration Statement on Form N-14 (File No. 333-283870) filed on December 17, 2024.](http://www.sec.gov/Archives/edgar/data/892538/000119312524280426/d865935dex9911.htm) |
| (12) | [Tax opinion and consent of Willkie Farr & Gallagher LLP, tax counsel for the Registrant with respect to the reorganization of each of the SA BlackRock VCP Global Multi Asset Portfolio and the SA T. Rowe Price VCP Balanced Portfolio, each a series of the Registrant, into the SA VCP Dynamic Allocation Portfolio, a series of the Registrant, is filed herewith.](d908322dex9912.htm) |
| (13) (i) | [Form of Fund Participation Agreement. Incorporated herein by reference to Post-Effective Amendment No. 35 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 15, 2004.](http://www.sec.gov/Archives/edgar/data/892538/000095012904002124/h14463exv99whwi.txt) |
| (ii) | [Form of Addendum to Fund Participation Agreement. Incorporated herein by reference to Post-Effective Amendment No. 27 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on July 5, 2001.](http://www.sec.gov/Archives/edgar/data/892538/000095012301504138/y50759ex99-h_i.txt) |
| (iii) | [Form of Addendum to Fund Participation Agreement for Class 1 Shares. Incorporated herein by reference to Post- Effective Amendment No. 46 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 17, 2009.](http://www.sec.gov/Archives/edgar/data/892538/000095013409007790/h65976bexv99wgwiv.htm) |
| (iv) | [Form of Amended and Restated Addendum to Fund Participation Agreement for Class 2 Shares. Incorporated herein by reference to Post-Effective Amendment No. 46 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 17, 2009.](http://www.sec.gov/Archives/edgar/data/892538/000095013409007790/h65976bexv99wgwv.htm) |
| (v) | [Form of Amended and Restated Addendum to Fund Participation Agreement for Class 3 Shares. Incorporated herein by reference to Post-Effective Amendment No. 46 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 17, 2009.](http://www.sec.gov/Archives/edgar/data/892538/000095013409007790/h65976bexv99wgwvi.htm) |
| (vi) | [Amendment No. 1 to the Participation Agreement with SunAmerica Annuity and Life Assurance Company dated April 1, 2011 (Master-Feeder). Incorporated herein by reference to Post-Effective Amendment No. 67 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on October 2, 2012.](http://www.sec.gov/Archives/edgar/data/892538/000119312512412726/d384923dex9928hviii.htm) |
| (vii) | [Form of Amendment No. 2 to the Participation Agreement with SunAmerica Annuity and Life Assurance Company (Master-Feeder). Incorporated herein by reference to Post-Effective Amendment No. 67 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on October 2, 2012.](http://www.sec.gov/Archives/edgar/data/892538/000119312512412726/d384923dex9928hix.htm) |
| (viii) | [Amendment No. 3 to the Participation Agreement with American General Life Insurance Company (successor to SunAmerica Annuity Life Assurance Company) (Master-Feeder) dated July 31, 2013. Incorporated herein by reference to Post-Effective Amendment No. 109 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on December 17, 2018.](http://www.sec.gov/Archives/edgar/data/892538/000119312518351032/d663589dex99hx.htm) |

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(ix) [Amendment No. 4 to the Participation Agreement with American General Life Insurance Company (Master-Feeder) dated December 17, 2018. Incorporated herein by reference to Post-Effective Amendment No. 109 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on December 17, 2018.](http://www.sec.gov/Archives/edgar/data/892538/000119312518351032/d663589dex99hxi.htm)

(x) [Fund Participation Agreement with First SunAmerica Life Insurance Company dated September 1, 2006 (Master- Feeder). Incorporated herein by reference to Post-Effective Amendment No. 67 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on October 2, 2012.](http://www.sec.gov/Archives/edgar/data/892538/000119312512412726/d384923dex9928hx.htm)

(xi) [Amendment No. 1 to the Participation Agreement with First SunAmerica Life Insurance Company dated April 1, 2011 (Master-Feeder). Incorporated herein by reference to Post-Effective Amendment No. 67 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on October 2, 2012.](http://www.sec.gov/Archives/edgar/data/892538/000119312512412726/d384923dex9928hxi.htm)

(xii) [Form of Amendment No. 2 to the Participation Agreement with The United States Life Insurance Company in the City of New York (successor to First SunAmerica Life Insurance Company) (Master-Feeder). Incorporated herein by reference to Post-Effective Amendment No. 67 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on October 2, 2012.](http://www.sec.gov/Archives/edgar/data/892538/000119312512412726/d384923dex9928hxii.htm)

(xiii) [Amendment No. 3 to the Participation Agreement with The United States Life Insurance Company in the City of New York (Master-Feeder) dated July 31, 2013. Incorporated herein by reference to Post-Effective Amendment No. 109 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on December 17, 2018.](http://www.sec.gov/Archives/edgar/data/892538/000119312518351032/d663589dex99hxv.htm)

(xiv) [Amendment No. 4 to the Participation Agreement with The United States Life Insurance Company in the City of New York (Master-Feeder) dated December 17, 2018. Incorporated herein by reference to Post-Effective Amendment No. 109 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on December 17, 2018.](http://www.sec.gov/Archives/edgar/data/892538/000119312518351032/d663589dex99hxvi.htm)

(xv) [Form of Participation Agreement between SunAmerica Annuity and Life Assurance Company and the Registrant. Incorporated herein by reference to Post-Effective Amendment No. 49 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 21, 2011.](http://www.sec.gov/Archives/edgar/data/892538/000095012311037901/h81272b1exv99w28whwviii.htm)

(xvi) [Form of Fund Participation Agreement between First SunAmerica Life Insurance Company and the Registrant. Incorporated herein by reference to Post-Effective Amendment No. 49 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 21, 2011.](http://www.sec.gov/Archives/edgar/data/892538/000095012311037901/h81272b1exv99w28whwix.htm)

(xvii) [Form of Participation Agreement between The Variable Annuity Life Insurance Company and the Registrant. Incorporated herein by reference to Post-Effective Amendment No. 78 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 24, 2015.](http://www.sec.gov/Archives/edgar/data/892538/000119312515146406/d873754dex9928hxv.htm)

(xviii) [Form of Participation Agreement between The Variable Annuity Life Insurance Company, the Registrant, American Funds Insurance Series <sup>®</sup> and Capital Research and Management Company. Incorporated herein by reference to Post-Effective Amendment No. 78 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 24, 2015.](http://www.sec.gov/Archives/edgar/data/892538/000119312515146406/d873754dex9928hxvi.htm)

(xix) [Form of Shareholder Services Agreement between SunAmerica Annuity and Life Assurance Company and the Registrant. Incorporated herein by reference to Post-Effective Amendment No. 49 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 21, 2011.](http://www.sec.gov/Archives/edgar/data/892538/000095012311037901/h81272b1exv99w28whwx.htm)

(xx) [Amendment No. 1 to the Shareholder Services Agreement between SunAmerica Annuity and Life Assurance Company and the Registrant dated January 23, 2012. Incorporated herein by reference to Post-Effective Amendment No. 62 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 23, 2012.](http://www.sec.gov/Archives/edgar/data/892538/000119312512175837/d330173dex99hxi.htm)

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(xxi) [Amendment No. 2 to the Shareholder Services Agreement between SunAmerica Annuity and Life Assurance Company and the Registrant dated July 16, 2012. Incorporated herein by reference to Post-Effective Amendment No. 67 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on October 2, 2012.](http://www.sec.gov/Archives/edgar/data/892538/000119312512412726/d384923dex9928hxvii.htm)

(xxii) [Amendment No. 3 to the Shareholder Services Agreement between SunAmerica Annuity and Life Assurance Company and the Registrant dated October 15, 2012. Incorporated herein by reference to Post-Effective Amendment No. 70 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 22, 2013.](http://www.sec.gov/Archives/edgar/data/892538/000119312513165239/d516937dex99hxviii.htm)

(xxiii) [Amendment No. 4 to the Shareholder Services Agreement between American General Life Insurance Company and the Registrant dated May 1, 2013. Incorporated herein by reference to Post-Effective Amendment No. 75 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 25, 2014.](http://www.sec.gov/Archives/edgar/data/892538/000119312514160135/d676657dex99hxix.htm)

(xxiv) [Amendment No. 5 to the Shareholder Services Agreement between American General Life Insurance Company and the Registrant dated January 13, 2016. Incorporated herein by reference to Post-Effective Amendment No. 85 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 22, 2016.](http://www.sec.gov/Archives/edgar/data/892538/000119312516552116/d174923dex99hxxii.htm)

(xxv) [Amendment No. 6 to the Shareholder Services Agreement between American General Life Insurance Company and the Registrant dated February 6, 2017. Incorporated herein by reference to Post-Effective Amendment No. 94 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 26, 2017.](http://www.sec.gov/Archives/edgar/data/892538/000119312517137797/d368391dex9928hxxiii.htm)

(xxvi) [Amendment No. 7 to the Shareholder Services Agreement between American General Life Insurance Company and the Registrant dated May 1, 2017. Incorporated herein by reference to Post-Effective Amendment No. 112 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519129685/d711864dex99hxxviii.htm)

(xxvii) [Amendment No. 8 to the Shareholder Services Agreement between American General Life Insurance Company and the Registrant dated August 16, 2017. Incorporated herein by reference to Post-Effective Amendment No. 112 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519129685/d711864dex99hxxix.htm)

(xxviii) [Amendment No. 9 to the Shareholder Services Agreement between American General Life Insurance Company and the Registrant dated October 4, 2017. Incorporated herein by reference to Post-Effective Amendment No. 112 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519129685/d711864dex99hxxx.htm)

(xxix) [Form of Amendment No.10 to the Shareholder Services Agreement between American General Life Insurance Company and the Registrant. Incorporated herein by reference to Post-Effective Amendment No. 106 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 23, 2018.](http://www.sec.gov/Archives/edgar/data/892538/000119312518125282/d563640dex9928hxxvii.htm)

(xxx) [Form of Amendment No. 11 to the Shareholder Services Agreement between American General Life Insurance Company and the Registrant. Incorporated herein by reference to Post-Effective Amendment No. 112 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519129685/d711864dex99hxxxii.htm)

(xxxi) [Amendment No. 12 to the Shareholder Services Agreement between American General Life Insurance Company and the Registrant dated October 7, 2019. Incorporated herein by reference to Post-Effective Amendment No. 115 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on October 7, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519263835/d811562dex99hxxxiii.htm)

(xxxii) [Amendment No. 13 to the Shareholder Services Agreement between American General Life Insurance Company and the Registrant dated October 13, 2020. Incorporated herein by reference to Post-Effective Amendment No. 120 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on October 13, 2020.](http://www.sec.gov/Archives/edgar/data/892538/000119312520268453/d33959dex99h33.htm)

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(xxxiii) [Amendment No. 14 to the Shareholder Services Agreement between American General Life Insurance Company and the Registrant, dated August 10, 2021. Incorporated herein by reference to Post-Effective Amendment No. 127 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on August 10, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521241772/d94868dex99h48.htm)

(xxxiv) [Form of Shareholder Services Agreement between First SunAmerica Life Insurance Company and the Registrant. Incorporated herein by reference to Post-Effective Amendment No. 49 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 21, 2011.](http://www.sec.gov/Archives/edgar/data/892538/000095012311037901/h81272b1exv99w28whwxi.htm)

(xxxv) [Amendment No. 1 to the Shareholder Services Agreement between The United States Life Insurance Company in the City of New York (formerly, First SunAmerica Life Insurance Company) and the Registrant dated January 23, 2012. Incorporated herein by reference to Post-Effective Amendment No. 62 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 23, 2012.](http://www.sec.gov/Archives/edgar/data/892538/000119312512175837/d330173dex99hxiii.htm)

(xxxvi) [Amendment No. 2 to the Shareholder Services Agreement between The United States Life Insurance Company in the City of New York and the Registrant dated July 16, 2012. Incorporated herein by reference to Post-Effective Amendment No. 67 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on October 2, 2012.](http://www.sec.gov/Archives/edgar/data/892538/000119312512412726/d384923dex9928hxxi.htm)

(xxxvii) [Amendment No. 3 to the Shareholder Services Agreement between The United States Life Insurance Company in the City of New York and the Registrant dated October 15, 2012. Incorporated herein by reference to Post-Effective Amendment No. 70 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 22, 2013.](http://www.sec.gov/Archives/edgar/data/892538/000119312513165239/d516937dex99hxxiii.htm)

(xxxviii) [Form of Amendment No. 4 to the Shareholder Services Agreement between The United States Life Insurance Company in the City of New York and the Registrant. Incorporated herein by reference to Post-Effective Amendment No. 70 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 22, 2013.](http://www.sec.gov/Archives/edgar/data/892538/000119312513165239/d516937dex99hxxiv.htm)

(xxxix) [Amendment No. 5 to the Shareholder Services Agreement between The United States Life Insurance Company in the City of New York and the Registrant dated January 13, 2016. Incorporated herein by reference to Post-Effective Amendment No. 85 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 22, 2016.](http://www.sec.gov/Archives/edgar/data/892538/000119312516552116/d174923dex99hxxviii.htm)

(xl) [Amendment No. 6 to the Shareholder Services Agreement between The United States Life Insurance Company in the City of New York and the Registrant dated February 6, 2017. Incorporated herein by reference to Post-Effective Amendment No. 94 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 26, 2017.](http://www.sec.gov/Archives/edgar/data/892538/000119312517137797/d368391dex9928hxxxi.htm)

(xli) [Amendment No. 7 to the Shareholder Services Agreement between The United States Life Insurance Company in the City of New York and the Registrant dated May 1, 2017. Incorporated herein by reference to Post-Effective Amendment No. 112 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519129685/d711864dex99hxl.htm)

(xlii) [Amendment No. 8 to the Shareholder Services Agreement between The United States Life Insurance Company in the City of New York and the Registrant dated August 16, 2017. Incorporated herein by reference to Post-Effective Amendment No. 112 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519129685/d711864dex99hxli.htm)

(xliii) [Amendment No. 9 to the Shareholder Services Agreement between The United States Life Insurance Company in the City of New York and the Registrant dated October 4, 2017. Incorporated herein by reference to Post-Effective Amendment No. 112 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519129685/d711864dex99hxlii.htm)

(xliv) [Form of Amendment No. 10 to the Shareholder Services Agreement between The United States Life Insurance Company in the City of New York and the Registrant. Incorporated herein by reference to Post-Effective Amendment No. 106 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 23, 2018.](http://www.sec.gov/Archives/edgar/data/892538/000119312518125282/d563640dex9928hxxxviii.htm)

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(xlv) [Form of Amendment No. 11 to the Shareholder Services Agreement between The United States Life Insurance Company in the City of New York and the Registrant. Incorporated herein by reference to Post-Effective Amendment No. 112 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519129685/d711864dex99hxliv.htm)

(xlvi) [Amendment No. 12 to the Shareholder Services Agreement between The United States Life Insurance Company in the City of New York and the Registrant dated October 7, 2019. Incorporated herein by reference to Post-Effective Amendment No. 115 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on October 7, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519263835/d811562dex99hxlvi.htm)

(xlvii) [Amendment No. 13 to the Shareholder Services Agreement between The United States Life Insurance Company in the City of New York and the Registrant dated October 13, 2020. Incorporated herein by reference to Post-Effective Amendment No. 120 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on October 13, 2020.](http://www.sec.gov/Archives/edgar/data/892538/000119312520268453/d33959dex99h47.htm)

(xlviii) [Amendment No. 14 to the Shareholder Services Agreement between The United States Life Insurance Company in the City of New York and the Registrant dated August 10, 2021. Incorporated herein by reference to Post-Effective Amendment No. 127 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on August 10, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521241772/d94868dex99h48.htm)

(xlix) [Form of Shareholder Services Agreement between The Variable Annuity Life Insurance Company and the Registrant. Incorporated herein by reference to Post-Effective Amendment No. 78 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 24, 2015.](http://www.sec.gov/Archives/edgar/data/892538/000119312515146406/d873754dex9928hxxvii.htm)

(l) [Amendment No. 1 to the Shareholder Services Agreement between The Variable Annuity Life Insurance Company and the Registrant dated February 6, 2017. Incorporated herein by reference to Post-Effective Amendment No. 94 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 26, 2017.](http://www.sec.gov/Archives/edgar/data/892538/000119312517137797/d368391dex9928hxxxiv.htm)

(li) [Amendment No. 2 to the Shareholder Services Agreement between The Variable Annuity Life Insurance Company and the Registrant dated May 1, 2017. Incorporated herein by reference to Post-Effective Amendment No. 112 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519129685/d711864dex99hxlvii.htm)

(lii) [Amendment No. 3 to the Shareholder Services Agreement between The Variable Annuity Life Insurance Company and the Registrant dated August 16, 2017. Incorporated herein by reference to Post-Effective Amendment No. 112 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519129685/d711864dex99hxlviii.htm)

(liii) [Amendment No. 4 to the Shareholder Services Agreement between The Variable Annuity Life Insurance Company and the Registrant dated October 4, 2017. Incorporated herein by reference to Post-Effective Amendment No. 112 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519129685/d711864dex99hxlix.htm)

(liv) [Form of Amendment No. 5 to the Shareholder Services Agreement between The Variable Annuity Life Insurance Company and the Registrant. Incorporated herein by reference to Post-Effective Amendment No. 106 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 23, 2018.](http://www.sec.gov/Archives/edgar/data/892538/000119312518125282/d563640dex9928hxliii.htm)

(lv) [Form of Amendment No. 6 to the Shareholder Services Agreement between The Variable Annuity Life Insurance Company and the Registrant. Incorporated herein by reference to Post-Effective Amendment No. 112 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 30, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519129685/d711864dex99hli.htm)

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| | | |
|:---|:---|:---|
|  | (lvi) | [Amendment No. 7 to the Shareholder Services Agreement between The Variable Annuity Life Insurance Company and the Registrant dated October 7, 2019. Incorporated herein by reference to Post-Effective Amendment No. 115 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on October 7, 2019.](http://www.sec.gov/Archives/edgar/data/892538/000119312519263835/d811562dex99hliv.htm) |
|  | (lvii) | [Amendment No. 8 to the Shareholder Services Agreement between The Variable Annuity Life Insurance Company and the Registrant dated October 13, 2020. Incorporated herein by reference to Post-Effective Amendment No. 115 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on October 13, 2020.](http://www.sec.gov/Archives/edgar/data/892538/000119312520268453/d33959dex99h56.htm) |
|  | (lviii) | [Amendment No. 9 to the Shareholder Services Agreement between The Variable Annuity Life Insurance Company and the Registrant, dated August 10, 2021. Incorporated herein by reference to Post-Effective Amendment No. 127 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on August 10, 2021.](http://www.sec.gov/Archives/edgar/data/892538/000119312521241772/d94868dex99h58.htm) |
|  | (lix) | [Form of Indemnification Agreement between the Registrant and Trustee. Incorporated herein by reference to Post- Effective Amendment No. 131 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on July 5, 2023.](http://www.sec.gov/Archives/edgar/data/892538/000119312523181907/d260376dex99h59.htm) |
|  | (lx) | [Master Transfer Agency and Service Agreement between VALIC Retirement Services Company and the Registrant dated May 1, 2013. Incorporated herein by reference to Post-Effective Amendment No. 75 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 25, 2014.](http://www.sec.gov/Archives/edgar/data/892538/000119312514160135/d676657dex99hxl.htm) |
|  | (lxi) | [Second Amended and Restated Expense Limitation Agreement between the Registrant, on behalf of certain Portfolios, and SunAmerica, dated November 1, 2023. Incorporated herein by reference to Post-Effective Amendment No. 133 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 26, 2024.](http://www.sec.gov/Archives/edgar/data/892538/000119312524118272/d822167dex99h61.htm) |
|  | (lxii) | [Rule 12d1-4 Fund of Funds Investment Agreement between the Registrant, on behalf of the SA BlackRock Multi- Factor 70/30 Portfolio, and BlackRock ETF Trust, BlackRock ETF Trust II, iShares Trust, iShares, Inc. and iShares U.S. ETF Trust, dated January 19, 2022. Incorporated herein by reference to Post-Effective Amendment No. 128 to the Registrant's Registration Statement on Form N-1A (File No. 811-07238) filed on April 26, 2022.](http://www.sec.gov/Archives/edgar/data/892538/000119312522120420/d146916dex99h68.htm) |
| (14) |  | [Consent of PricewaterhouseCoopers LLP, independent registered public accounting firm for the Registrant. Incorporated herein by reference to the Registrant's Registration Statement on Form N-14 (File No. 333-283870) filed on December 17, 2024.](http://www.sec.gov/Archives/edgar/data/892538/000119312524280426/d865935dex9914.htm) |
| (15) |  | None. |
| (16) |  | [Power of Attorney. Incorporated herein by reference to the Registrant's Registration Statement on Form N-14 (File No. 333-283870) filed on December 17, 2024.](http://www.sec.gov/Archives/edgar/data/892538/000119312524280426/d865935dex9916.htm) |

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**Item 17. Undertakings** 

(1) The undersigned registrant agrees that prior to any public reoffering of the securities registered through the use of a prospectus which is a part of this registration statement by any person or party who is deemed to be an underwriter within the meaning of Rule 145(c) of the Securities Act [17 CFR 230.145c], the reoffering prospectus will contain the information called for by the applicable registration form for the reofferings by persons who may be deemed underwriters, in addition to the information called for by the other items of the applicable form.

(2) The undersigned registrant agrees that every prospectus that is filed under paragraph (1) above will be filed as a part of an amendment to the registration statement and will not be used until the amendment is effective, and that, in determining any liability under the Securities Act, each post-effective amendment shall be deemed to be a new registration statement for the securities offered therein, and the offering of the securities at that time shall be deemed to be the initial bona fide offering of them.

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**SIGNATURES** 

Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it meets all the requirements for effectiveness of this Registration Statement on Form N-14 pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Post-Effective Amendment to its Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Jersey City and the State of New Jersey, on the 11th day of June 2025.

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| | |
|:---|:---|
| SUNAMERICA SERIES TRUST | SUNAMERICA SERIES TRUST |
| By: | /s/ John T. Genoy |
|  | John T. Genoy |
|  | President |
|  | (Principal Executive Officer) |

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Pursuant to the requirements of the Securities Act, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:

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| | | | |
|:---|:---|:---|:---|
| /s/ John T. Genoy<br> John T. Genoy | /s/ John T. Genoy<br> John T. Genoy | President (Principal Executive Officer) | June 11, 2025 |
| /s/ Gregory R. Kingston<br> Gregory R. Kingston | /s/ Gregory R. Kingston<br> Gregory R. Kingston | Treasurer (Principal Financial and Accounting Officer) | June 11, 2025 |
| \*<br> Bruce G. Willison | \*<br> Bruce G. Willison | Trustee and Chairman | June 11, 2025 |
| \*<br> Tracey C. Doi | \*<br> Tracey C. Doi | Trustee | June 11, 2025 |
| \*<br> Jane Jelenko | \*<br> Jane Jelenko | Trustee | June 11, 2025 |
| \*<br> Christianne Kerns | \*<br> Christianne Kerns | Trustee | June 11, 2025 |
| \*<br> Charles H. Self III | \*<br> Charles H. Self III | Trustee | June 11, 2025 |
| \*<br> Martha Willis | \*<br> Martha Willis | Trustee | June 11, 2025 |
| \*By: | /s/ Edward J. Gizzi |  | June 11, 2025 |
|  | Edward J. Gizzi<br> Attorney-in-Fact | Edward J. Gizzi<br> Attorney-in-Fact | Edward J. Gizzi<br> Attorney-in-Fact |

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\* Pursuant to a Power of Attorney.

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**SCHEDULE OF EXHIBITS TO FORM N-14** 

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| | |
|:---|:---|
| **Ex. Number** | **Description** |
| 12 | [Tax opinion and consent of Willkie Farr & Gallagher LLP, tax counsel for the Registrant with respect to the reorganization each of the SA BlackRock VCP Global Multi Asset Portfolio and the SA PIMCO VCP Tactical Balanced Portfolio, each a series of the Registrant, into the SA VCP Dynamic Allocation Portfolio, a series of the Registrant.](d908322dex9912.htm) |

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## Ex-99.(12)

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| | |
|:---|:---|
| ![LOGO](g908322g0531051655608.jpg) | 787 Seventh Avenue<br> New York, NY 10019-6099<br> Tel: 212 728 8000<br> Fax: 212 728 8111 |

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April 28, 2025

Seasons Series Trust

SunAmerica Series Trust

21650 Oxnard Street, 10th Floor

Woodland Hills, California 91367

Ladies and Gentlemen:

Seasons Series Trust ("**SST**") and SunAmerica Series Trust ("**SAST**"), each a Massachusetts business trust, on behalf of each of their segregated portfolios of assets ("**series**") listed on Schedule A attached hereto,<sup>1</sup> have requested our opinion as to certain federal income tax consequences of each Acquiring Portfolio's proposed acquisition of the corresponding Target Portfolio pursuant to an Agreement and Plan of Reorganization dated April 21, 2025 (the "**Plan**"). Each Plan contemplates the Acquiring Portfolio's acquisition of all the assets of the corresponding Target Portfolio ("**Assets**") in exchange solely for shares in the Acquiring Portfolio ("**Acquiring Portfolio Shares**") and the Acquiring Portfolio's assumption of all liabilities of the Target Portfolio ("**Assumed Liabilities**"), followed by the Target Portfolio's distribution of those Acquiring Portfolio Shares pro rata to its shareholders in liquidation thereof (all the foregoing transactions involving an Acquiring Portfolio and the corresponding Target Portfolio being referred to herein collectively as a "**Reorganization**"). This opinion is being delivered pursuant to Section 8.6 of the Plan.

We have reviewed such documents and materials as we have considered necessary for the purpose of rendering this opinion. In rendering this opinion, we have assumed that such documents as yet unexecuted will, when executed, conform in all material respects to the proposed forms of such documents that we have examined. In addition, we have assumed the genuineness of all signatures, the capacity of each party executing a document to so execute that document, the authenticity of all documents submitted to us as originals and the conformity to original documents of all documents submitted to us as certified or photostatic copies.

<sup>1</sup> Each series listed under the heading "Acquiring Portfolio" on Schedule A is referred to herein as an "**Acquiring Portfolio**" and the series listed opposite its name under the heading "Target Portfolio" thereon is referred to herein as the corresponding "**Target Portfolio**." 

BRUSSELS CHICAGO DALLAS FRANKFURT HOUSTON LONDON LOS ANGELES MILAN

MUNICH NEW YORK PALO ALTO PARIS ROME SAN FRANCISCO WASHINGTON

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Seasons Series Trust

SunAmerica Series Trust

April 28, 2025

We have made inquiry as to the underlying facts that we considered to be relevant to the conclusions set forth in this letter. The opinions expressed in this letter are based upon certain factual statements relating to the Acquiring Portfolio and Target Portfolio set forth in the Combined Prospectus/Proxy Statement filed by SST or SAST, as applicable, as part its registration statement on Form N-14 (the "**Registration Statement**") and representations made in letters from SST and SAST on behalf of the applicable Acquiring Portfolios and Target Portfolios addressed to us for our use in rendering this opinion (the "**Tax Representation Letters**"). We have no reason to believe that these representations and facts are not valid, but we have not attempted to verify independently any of these representations and facts, and this opinion is based upon the assumption that each of them is accurate.

The conclusions expressed herein are based upon the Internal Revenue Code of 1986, as amended (the "**Code**"), Treasury Regulations issued thereunder, published rulings and procedures of the Internal Revenue Service and judicial decisions, all as in effect on the date of this letter.

Based upon the foregoing, we are of the opinion with respect to each Reorganization that for U.S. federal income tax purposes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The transfer to the Acquiring Portfolio of all the Assets solely in exchange for Acquiring Portfolio Shares and the assumption by the Acquiring Portfolio of the Assumed Liabilities followed by the distribution by the Target Portfolio of Acquiring Portfolio Shares to the Target Portfolio shareholders in complete liquidation of the Target Portfolio, all pursuant to the Plan, will constitute a "reorganization" within the meaning of section 368(a) of the Code, and the Acquiring Portfolio and the Target Portfolio will each be a "party to a reorganization" within the meaning of section 368(b) of the Code;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Under section 1032 of the Code, no gain or loss will be recognized by the Acquiring Portfolio upon the receipt of all of the Assets solely in exchange for Acquiring Portfolio Shares and the assumption by the Acquiring Portfolio of the Assumed Liabilities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Under sections 361 and 357(a) of the Code, no gain or loss will be recognized by the Target Portfolio upon the transfer of the Assets to the Acquiring Portfolio solely in exchange for Acquiring Portfolio Shares and the assumption by the Acquiring Portfolio of the Assumed Liabilities or upon the distribution of Acquiring Portfolio Shares to the Target Portfolio shareholders in exchange for such shareholders' shares of the Target Portfolio in liquidation of the Target Portfolio;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Under section 354(a)(1) of the Code, no gain or loss will be recognized by the Target Portfolio shareholders upon the exchange of their Target Portfolio shares solely for Acquiring Portfolio Shares in the Reorganization;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Under section 358 of the Code, the aggregate basis of Acquiring Portfolio Shares received by each Target Portfolio shareholder pursuant to the Reorganization will be the same as the aggregate basis of the Target Portfolio shares exchanged therefor by such a shareholder;

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Seasons Series Trust

SunAmerica Series Trust

April 28, 2025

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Under section 1223(1) of the Code, the holding period of Acquiring Portfolio Shares to be received by each Target Portfolio shareholder pursuant to the Reorganization will include the holding period of the Target Portfolio shares exchanged therefor, provided that such Target Portfolio shareholder held the Target Portfolio shares as capital assets at the time of the Reorganization;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Under section 362(b) of the Code, the basis of each Asset transferred to the Acquiring Portfolio in the Reorganization will be the same in the hands of the Acquiring Portfolio as the basis of such Asset in the hands of the Target Portfolio immediately prior to the transfer; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Under section 1223(2) of the Code, the holding period of each of the Assets in the hands of the Acquiring Portfolio will include the holding period of each such Asset when held by the Target Portfolio (except to the extent that the investment activities of the Acquiring Portfolio reduce or eliminate such holding period).

Notwithstanding the foregoing, this opinion does not address the tax consequences of each Reorganization with respect to any asset as to which unrealized gain or loss is requested to be recognized for federal income tax purposes at the end of a taxable year or on the termination or transfer thereof under a mark-to-market system of accounting.

Our opinion is based upon the accuracy of the certifications, representations and warranties and satisfaction of the covenants and obligations contained in the Plan, the Tax Representation Letters and in the various other documents related thereto. Our opinion may not be relied upon if any of such certifications, representations or warranties are not accurate to any material extent or if any of such covenants or obligations are not satisfied in all material respects. We hereby consent to the filing of this opinion with the applicable Registration Statement and to the reference to us in the Combined Prospectus/Proxy Statement included as part of the Registration Statement.

Sincerely yours,

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|:---|
| /s/ Willkie Farr & Gallagher LLP |
|  Willkie Farr & Gallagher LLP |

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**<u>SCHEDULE A</u>**

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| | |
|:---|:---|
| **Target Portfolios** | **Acquiring Portfolios** |
| SA Multi-Managed Income Portfolio,<br> a series of SST | SA Allocation Balanced Portfolio,<br> a newly created series of SST |
| SA Multi-Managed Growth Portfolio,<br> a series of SST | SA Allocation Growth Portfolio,<br> a newly created series of SST |
| SA Multi-Managed Moderate Growth Portfolio,<br> a series of SST | SA Allocation Moderate Growth Portfolio,<br> a series of SST |
| SA Multi-Managed Income/Equity Portfolio,<br> a series of SST | SA Allocation Moderate Portfolio,<br> a newly created series of SST |
| SA T. Rowe Price Growth Stock Portfolio,<br> a series of SST | SA MFS Blue Chip Growth Portfolio,<br> a newly created series of SAST |
| SA BlackRock VCP Global Multi Asset Portfolio,<br> a series of SAST | SA VCP Dynamic Allocation Portfolio,<br> a series of SAST |
| SA PIMCO VCP Tactical Balanced Portfolio,<br> a series of SAST | SA VCP Dynamic Allocation Portfolio,<br> a series of SAST |

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