# EDGAR Filing Document

**Accession Number:** 0001037155
**File Stem:** 0001104659-26-043008
**Filing Date:** 2026-4
**Character Count:** 399057
**Document Hash:** 84540e379cce64fedec5fde9b288852f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-043008.hdr.sgml**: 20260414

**ACCESSION NUMBER**: 0001104659-26-043008

**CONFORMED SUBMISSION TYPE**: N-VPFS

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260414

**DATE AS OF CHANGE**: 20260414

**EFFECTIVENESS DATE**: 20260414

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VARIABLE ANNUITY I SER ACC OF GRT WEST LI & ANNU INS CO OF NY
- **CENTRAL INDEX KEY:** 0001037155

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-VPFS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08183
- **FILM NUMBER:** 26859614

**BUSINESS ADDRESS:**
- **STREET 1:** 370 LEXINGTON AVENUE
- **STREET 2:** SUITE 703
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** (800) 537-2033

**MAIL ADDRESS:**
- **STREET 1:** 370 LEXINGTON AVENUE
- **STREET 2:** SUITE 703
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VARIABLE ANNUITY I SER ACC OF FIR GRT WEST LI & ANNU INS CO
- **DATE OF NAME CHANGE:** 19970403

## Series and Classes Contracts Data

### Variable Annuity 1 Series Account of New York (Series ID: S000011536)

| Class ID   | Class Name                                                              | Ticker Symbol   |
|:---|:---|:---|
| C000031798 | Variable Annuity 1 Series Account of New York - Schwab Select           |  |
| C000058940 | Variable Annuity 1 Series Account of New York - Schwab OneSource        |  |
| C000141266 | Variable Annuity 1 Series Account of New York - Schwab OneSource Choice |  |
| C000141361 | Variable Annuity 1 Series Account of New York - Schwab Advisor Choice   |  |

*Variable Annuity-1 Series Account*

*(New York)*

*Financial Statements* 

*Year Ended December 31, 2025* 

*(With Report of Independent Registered Public Accounting Firm Thereon)* 

**Report of Independent Registered Public Accounting Firm**

To Those Charged with Governance of Variable Annuity-1 Series Account of Empower Life & Annuity Insurance Company of New York and Contract Owners of Variable Annuity-1 Series Account:

*Opinion on the Financial Statements*

We have audited the accompanying statements of assets and liabilities of the subaccounts listed in the Appendix that comprise Variable Annuity-1 Series Account (the Separate Account), as of December 31, 2025, the related statements of operations for the year or period listed in the Appendix, the statements of changes in net assets for each of the years or periods listed in the Appendix, and the related notes (collectively, the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Separate Account as of December 31, 2025, the results of its operations for the year or period listed in the Appendix, and the changes in its net assets for each of the years or periods listed in the Appendix, in conformity with U.S. generally accepted accounting principles.

*Basis for Opinion*

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

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Such procedures also included confirmation of securities owned as of December 31, 2025, by correspondence with the underlying mutual funds or their transfer agents; when replies were not received, we performed other appropriate auditing procedures. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

/s/ KPMG LLP

We have served as the auditor of one or more Empower Life & Annuity Insurance Company of New York Separate Accounts since 2021.

Birmingham, Alabama<br> April 13, 2026

 **Appendix**

Statement of assets and liabilities as of December 31, 2025, the related statement of operations for the year then ended, and statements of changes in net assets for each of the years in the two-year period then ended.

AB VPS Discovery Value Portfolio, Class A

AB VPS International Value Portfolio, Class A

AB VPS Large Cap Growth Portfolio, Class A

AB VPS Relative Value Portfolio, Class A

Alger Capital Appreciation Portfolio, Class I-2

Alger Large Cap Growth Portfolio, Class I-2

Alger Mid Cap Growth Portfolio, Class I-2

Allspring VT Discovery All Cap Growth Fund, Class 2

Allspring VT Discovery SMID Cap Growth Fund, Class 2

Allspring VT Opportunity Fund, Class 2

American Funds IS Global Growth Fund, Class 1

American Funds IS Growth-Income Fund, Class 4

American Funds IS International Fund, Class 2

American Funds IS New World Fund, Class 2

American Funds IS The Bond Fund of America, Class 2

BlackRock Global Allocation V.I. Fund, Class I

BNY Mellon IP MidCap Stock Portfolio, Initial Shares

BNY Mellon VIF Appreciation Portfolio, Initial Shares

BNY Mellon VIF Growth and Income Portfolio, Initial Shares

ClearBridge Variable Large Cap Growth Portfolio, Class I

ClearBridge Variable Mid Cap Portfolio, Class I

ClearBridge Variable Small Cap Growth Portfolio, Class I

Columbia VP Emerging Markets Fund, Class 2

Columbia VP Large Cap Growth Fund, Class 2

Columbia VP Seligman Global Technology Fund, Class 2

Columbia VP Small Cap Value Fund, Class 2

Dimensional VA US Targeted Value Portfolio, Institutional

DWS Capital Growth VIP, Class A

DWS Core Equity VIP, Class A

DWS CROCI U.S. VIP, Class A

DWS Global Small Cap VIP, Class A

DWS Small Cap Index VIP, Class A

DWS Small Mid Cap Growth VIP, Class A

DWS Small Mid Cap Value VIP, Class A

Empower Bond Index Fund, Investor Class

Empower Conservative Profile Fund, Investor Class

Empower International Index Fund, Investor Class

Empower Lifetime 2015 Fund, Investor Class

Empower Lifetime 2020 Fund, Investor Class

Empower Lifetime 2025 Fund, Investor Class

Empower Lifetime 2030 Fund, Investor Class

Empower Mid Cap Value Fund, Investor Class

Empower Moderate Profile Fund, Investor Class

Empower Moderately Aggressive Profile Fund, Investor Class

Empower Moderately Conservative Profile Fund, Investor Class

Empower Multi-Sector Bond Fund, Investor Class

Empower Real Estate Index Fund, Investor Class

Empower SecureFoundation Balanced Fund, Investor Class

Empower T. Rowe Price Mid Cap Growth Fund, Investor Class

Federated Hermes Fund for U.S. Government Securities II

Federated Hermes Managed Volatility Fund II, Primary Shares

Franklin Small Cap Value VIP Fund, Class 2

Invesco V.I. Comstock Fund, Series I

Invesco V.I. Core Equity Fund, Series I

Invesco V.I. EQV International Equity Fund, Series I

Invesco V.I. Global Fund, Series I

Invesco V.I. Growth and Income Fund, Series I

Invesco V.I. High Yield Fund, Series I

Invesco V.I. International Growth Fund, Series I

Invesco V.I. Main Street Mid Cap Fund, Series I

Invesco V.I. Main Street Small Cap Fund, Series I

Invesco V.I. Small Cap Equity Fund, Series I

Invesco V.I. Technology Fund, Series I

Janus Henderson VIT Balanced Portfolio, Institutional Shares

Janus Henderson VIT Balanced Portfolio, Service Shares

Janus Henderson VIT Flexible Bond Portfolio, Institutional Shares

Janus Henderson VIT Flexible Bond Portfolio, Service Shares

Janus Henderson VIT Global Research Portfolio, Institutional Shares

Janus Henderson VIT Global Technology and Innovation Portfolio, Institutional Shares

Janus Henderson VIT Global Technology and Innovation Portfolio, Service Shares

Janus Henderson VIT Overseas Portfolio, Institutional Shares

Janus Henderson VIT Overseas Portfolio, Service Shares

Janus Henderson VIT Research Portfolio, Institutional Shares

Lazard Retirement Emerging Markets Equity Portfolio, Service Shares

Lord Abbett Series Fund Short Duration Income Portfolio, Class VC

LVIP American Century Balanced Fund, Standard Class II

LVIP American Century Disciplined Core Value Fund, Standard Class II

LVIP American Century International Fund, Standard Class II

LVIP American Century Mid Cap Value Fund, Service Class

LVIP American Century Value Fund, Standard Class II

LVIP Baron Growth Opportunities Fund, Service Class

LVIP BlackRock Equity Dividend Fund, Standard Class

LVIP JPMorgan Small Cap Core Fund, Standard Class

LVIP Nomura SMID Cap Core Fund, Standard Class

MFS VIT II International Intrinsic Value Portfolio, Service Class

MFS VIT III Mid Cap Value Portfolio, Initial Class

MFS VIT Utilities Series, Service Class

Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio, Class S

Nomura VIP Emerging Markets Series, Standard Class

Nomura VIP International Core Equity Series, Service Class

Nomura VIP International Core Equity Series, Standard Class

Nomura VIP Small Cap Value Series, Standard Class

NVIT Mid Cap Index Fund, Class II

PIMCO VIT CommodityRealReturn Strategy Portfolio, Administrative Class

PIMCO VIT Emerging Markets Bond Portfolio, Administrative Class

PIMCO VIT High Yield Portfolio, Administrative Class

PIMCO VIT Low Duration Portfolio, Administrative Class

PIMCO VIT Real Return Portfolio, Administrative Class

PIMCO VIT Total Return Portfolio, Administrative Class

Prudential Series Fund PGIM Jennison Blend Portfolio, Class II

Putnam VT Core Equity Fund, Class IA

Putnam VT Global Asset Allocation Fund, Class IA

Putnam VT Global Health Care Fund, Class IB

Putnam VT Income Fund, Class IA

Putnam VT International Equity Fund, Class IA

Putnam VT International Value Fund, Class IA

Putnam VT Large Cap Value Fund, Class IB

Putnam VT Mortgage Securities Fund, Class IB

Royce Capital Fund Small-Cap Portfolio, Service Class

Schwab Government Money Market Portfolio

Schwab S&P 500 Index Portfolio

Schwab VIT Balanced Portfolio

Schwab VIT Balanced with Growth Portfolio

Schwab VIT Growth Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;T. Rowe Price Health Sciences Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;T. Rowe Price Health Sciences Portfolio, Class II

Templeton Foreign VIP Fund, Class 2

Templeton Global Bond VIP Fund, Class 2

Third Avenue Value Portfolio

Touchstone Bond Fund, Class I

Touchstone Common Stock Fund, Class I

Touchstone Common Stock Fund, Class SC

Touchstone Small Company Fund, Class I

VanEck VIP Emerging Markets Bond Fund, Initial Class

VanEck VIP Global Resources Fund, Class S

Vanguard VIF Capital Growth Portfolio

Vanguard VIF Diversified Value Portfolio

Vanguard VIF Mid-Cap Index Portfolio

Vanguard VIF Real Estate Index Portfolio

Vanguard VIF Small Company Growth Portfolio

Victory Pioneer Fund VCT Portfolio, Class I

Victory Pioneer Mid Cap Value VCT Portfolio, Class II

Victory Pioneer Select Mid Cap Growth VCT Portfolio, Class I

Statement of assets and liabilities as of December 31, 2025, the related statement of operations for the year then ended, and the statements of changes in net assets for the year ended December 31, 2025 and for the period from March 22, 2024 (date trading commenced) to December 31, 2024.

American Funds IS Global Small Capitalization Fund, Class 2

MFS VIT II International Growth Portfolio, Initial Class

Statement of assets and liabilities as of December 31, 2025, the related statement of operations for the year then ended, and the statements of changes in net assets for the year ended December 31, 2025 and for the period from November 25, 2024 (date trading commenced) to December 31, 2024.

LVIP JPMorgan Core Bond Fund, Standard Class

Statement of assets and liabilities as of December 31, 2025, the related statement of operations for the year then ended, and the statements of changes in net assets for the year ended December 31, 2025 and for the period from December 31, 2024 (date trading commenced) to December 31, 2024.

Empower International Value Fund, Investor Class

The statement of changes in net assets for the period from January 1, 2024 to April 11, 2024 (date of liquidation).

AB VPS Sustainable International Thematic Portfolio, Class A

The statement of changes in net assets for the period from January 1, 2024 to December 5, 2024 (date of liquidation).

Morgan Stanley VIF U.S. Real Estate Portfolio, Class I

Statement of operations for the period from January 1, 2025 to April 10, 2025 (date of liquidation) and the statements of changes in net assets for the period from January 1, 2025 to April 10, 2025 (date of liquidation) and the year ended December 31, 2024.

Goldman Sachs VIT Multi-Strategy Alternatives Portfolio, Service Shares

The statement of changes in net assets for the period from January 1, 2024 to April 26, 2024 (date of merger).

Delaware VIP International Series, Standard Class

The statement of changes in net assets for the period from January 1, 2024 to October 25, 2024 (date of merger).

Empower Ariel Mid Cap Value Fund, Investor Class

Statement of operations for the period from January 1, 2025 to April 11, 2025 (date of merger) and the statements of changes in net assets for the period from January 1, 2025 to April 11, 2025 (date of merger) and the year ended December 31, 2024.

Prudential Series Fund Natural Resources Portfolio, Class II

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | AB VPS <br> Discovery Value Portfolio, <br> Class A | AB VPS <br> International Value <br> Portfolio, <br> Class A | AB VPS <br> Large Cap Growth Portfolio, <br> Class A | AB VPS <br> Relative Value <br> Portfolio, <br> Class A | Alger Capital Appreciation <br> Portfolio, <br> Class I-2 | Alger Large Cap Growth <br> Portfolio, <br> Class I-2 | Alger Mid Cap Growth <br> Portfolio, <br> Class I-2 |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $99583 | $34191 | $693272 | $371700 | $566866 | $2013311 | $120273 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 2 | 1 | 14 | 7 | 10 | 47 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 2867 | - | 8 | - | - | 4893 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 102452 | 34192 | 693294 | 371707 | 566876 | 2018251 | 120276 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 2 | 1 | 14 | 7 | 10 | 47 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | 3 | - | - | 3 | - | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 2 | 4 | 14 | 7 | 13 | 47 | 5 |
| NET ASSETS | $102450 | $34188 | $693280 | $371700 | $566863 | $2018204 | $120271 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $74349 | $34188 | $693280 | $371700 | $566863 | $1932221 | $120271 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 28101 | - | - | - | - | 85983 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $102450 | $34188 | $693280 | $371700 | $566863 | $2018204 | $120271 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $16.59 | $20.92 | $92.55 | $31.74 | $128.85 | $103.17 | $23.82 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 6003 | 1634 | 7491 | 11711 | 4399 | 19515 | 5049 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $108325 | $22845 | $522785 | $329914 | $438222 | $1428645 | $103034 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Allspring VT Discovery All Cap Growth Fund, <br> Class 2 | Allspring VT Discovery SMID Cap Growth Fund, <br> Class 2 | Allspring VT Opportunity Fund, <br> Class 2 | American Funds IS Global Growth Fund, <br> Class 1 | American Funds IS Global Small Capitalization Fund, <br> Class 2 | American Funds IS Growth-Income Fund, <br> Class 4 | American Funds IS New World Fund, <br> Class 2 |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $73326 | $51288 | $173536 | $36967 | $53744 | $128149 | $174804 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 2 | 1 | 4 | 1 | 1 | 2 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | - | - | 4647 | - | - | 1 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 73328 | 51289 | 178187 | 36968 | 53745 | 128152 | 174808 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 2 | 1 | 4 | 1 | 1 | 2 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | 1 | 9 | - | 1 | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 3 | 10 | 4 | 2 | 1 | 2 | 2 |
| NET ASSETS | $73325 | $51279 | $178183 | $36966 | $53744 | $128150 | $174806 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $73325 | $51279 | $114586 | $36966 | $53744 | $128150 | $174806 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | - | - | 63597 | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $73325 | $51279 | $178183 | $36966 | $53744 | $128150 | $174806 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $20.86 | $25.29 | $25.70 | $38.79 | $19.04 | $64.77 | $32.03 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 3515 | 2028 | 6753 | 953 | 2823 | 1979 | 5458 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $84098 | $43949 | $169480 | $33085 | $49264 | $99061 | $132205 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | American Funds IS The Bond Fund of America, <br> Class 2 | BlackRock Global Allocation V.I. Fund, <br> Class I | BNY Mellon IP MidCap Stock Portfolio, Initial Shares | BNY Mellon VIF Appreciation Portfolio, Initial Shares | BNY Mellon VIF Growth and Income Portfolio, Initial Shares | ClearBridge Variable Large Cap Growth Portfolio, <br> Class I | ClearBridge Variable Mid Cap Portfolio, <br> Class I |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $90444 | $319221 | $535359 | $860134 | $381896 | $195578 | $89384 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 1 | 6 | 8 | 18 | 7 | 4 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | - | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 90445 | 319227 | 535367 | 860152 | 381903 | 195582 | 89386 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 1 | 6 | 8 | 18 | 7 | 4 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | 1 | - | 7 | 12 | 1 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 1 | 7 | 8 | 25 | 19 | 5 | 2 |
| NET ASSETS | $90444 | $319220 | $535359 | $860127 | $381884 | $195577 | $89384 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $90444 | $319220 | $535359 | $860127 | $381884 | $195577 | $89384 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | - | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $90444 | $319220 | $535359 | $860127 | $381884 | $195577 | $89384 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $9.37 | $17.64 | $20.34 | $33.67 | $39.78 | $48.10 | $23.80 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 9652 | 18096 | 26320 | 25546 | 9600 | 4066 | 3756 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $96080 | $303041 | $478778 | $913597 | $290658 | $149637 | $91986 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | ClearBridge Variable Small Cap Growth Portfolio, <br> Class I | Columbia VP Emerging Markets Fund, <br> Class 2 | Columbia VP Large Cap Growth Fund, <br> Class 2 | Columbia VP Seligman Global Technology Fund, <br> Class 2 | Columbia VP Small Cap Value Fund, <br> Class 2 | Dimensional VA US Targeted Value Portfolio, Institutional | DWS Capital Growth VIP, <br> Class A |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $84693 | $14392 | $1164309 | $458665 | $- | $191721 | $885732 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 2 |  | 19 | 9 |  | 3 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | - | - | 5786 | 4803 | - | - | 33 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 84695 | 14392 | 1170114 | 463477 | - | 191724 | 885783 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 2 |  | 19 | 9 |  | 3 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | 1 | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 3 | - | 19 | 9 | - | 3 | 18 |
| NET ASSETS | $84692 | $14392 | $1170095 | $463468 | $- | $191721 | $885765 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $84692 | $14392 | $1113374 | $416820 | $- | $191721 | $885765 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | - | - | 56721 | 46648 | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $84692 | $14392 | $1170095 | $463468 | $- | $191721 | $885765 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $28.20 | $13.13 | $54.67 | $33.97 | $12.44 | $22.28 | $42.96 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 3003 | 1096 | 21297 | 13503 |  | 8605 | 20618 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $98163 | $14250 | $417121 | $340078 | $- | $174677 | $709527 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | DWS Core Equity VIP, <br> Class A | DWS CROCI U.S. VIP, <br> Class A | DWS Global Small Cap VIP, <br> Class A | DWS Small Cap Index VIP, <br> Class A | DWS Small Mid Cap Growth VIP, <br> Class A | DWS Small Mid Cap Value VIP, <br> Class A | Empower Bond Index Fund, Investor <br> Class |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $305263 | $53310 | $80222 | $1002722 | $2542 | $110828 | $580623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 895 | 1 | 1 | 20 |  | 3 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | - | 2959 | - | 3569 | 1 | 4 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 306158 | 56270 | 80223 | 1006311 | 2543 | 110835 | 580631 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 895 | 1 | 1 | 20 |  | 3 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | 1 | - | - | - | - | - | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 896 | 1 | 1 | 20 | - | 3 | 9 |
| NET ASSETS | $305262 | $56269 | $80222 | $1006291 | $2543 | $110832 | $580622 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $305262 | $27213 | $80222 | $971290 | $2543 | $110832 | $580622 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | - | 29056 | - | 35001 | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $305262 | $56269 | $80222 | $1006291 | $2543 | $110832 | $580622 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $14.05 | $18.82 | $11.57 | $15.02 | $14.19 | $14.09 | $13.02 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 21727 | 2833 | 6934 | 66759 | 179 | 7866 | 44595 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $245053 | $44072 | $68929 | $921380 | $3042 | $102547 | $643263 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower Conservative Profile Fund, Investor <br> Class | Empower International Index Fund, Investor <br> Class | Empower International Value Fund, Investor <br> Class | Empower Lifetime 2015 Fund, Investor <br> Class | Empower Lifetime 2020 Fund, Investor <br> Class | Empower Lifetime 2025 Fund, Investor <br> Class | Empower Lifetime 2030 Fund, Investor <br> Class |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $1514347 | $133914 | $46176 | $59998 | $79347 | $59725 | $29190 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 1822 | 2 | 1 | 1 | 1 | 1 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 1 | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 1516170 | 133916 | 46177 | 59999 | 79348 | 59726 | 29191 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 1822 | 2 | 1 | 1 | 1 | 1 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 1822 | 2 | 1 | 1 | 1 | 1 | 1 |
| NET ASSETS | $1514348 | $133914 | $46176 | $59998 | $79347 | $59725 | $29190 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $1514348 | $133914 | $46176 | $59998 | $79347 | $59725 | $29190 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | - | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $1514348 | $133914 | $46176 | $59998 | $79347 | $59725 | $29190 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $7.76 | $15.76 | $15.87 | $13.76 | $10.84 | $14.69 | $11.35 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 195148 | 8497 | 2910 | 4360 | 7320 | 4066 | 2572 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $1552898 | $108666 | $35801 | $57000 | $75081 | $55027 | $26616 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower Mid Cap Value Fund, Investor <br> Class | Empower Moderate Profile Fund, Investor <br> Class | Empower Moderately Aggressive Profile Fund, Investor <br> Class | Empower Moderately Conservative Profile Fund, Investor <br> Class | Empower Multi-Sector Bond Fund, Investor <br> Class | Empower Real Estate Index Fund, Investor <br> Class | Empower SecureFoundation Balanced Fund, Investor <br> Class |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $39579 | $2971448 | $113703 | $799869 | $1277762 | $186570 | $15522057 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 1 | 6350 | 2 | 14 | 19 | 3 | 38583 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 1 | 5 | - | - | 1 | - | 15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 39581 | 2977803 | 113705 | 799883 | 1277782 | 186573 | 15560655 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 1 | 6350 | 2 | 14 | 19 | 3 | 38583 |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | - | 1 | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 1 | 6350 | 2 | 15 | 19 | 3 | 38583 |
| NET ASSETS | $39580 | $2971453 | $113703 | $799868 | $1277763 | $186570 | $15522072 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $39580 | $2971453 | $113703 | $799868 | $1277763 | $186570 | $15522072 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | - | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $39580 | $2971453 | $113703 | $799868 | $1277763 | $186570 | $15522072 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $14.07 | $6.56 | $7.46 | $8.38 | $13.54 | $12.22 | $13.98 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 2813 | 452965 | 15242 | 95450 | 94369 | 15268 | 1110305 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $36559 | $2935217 | $110589 | $768615 | $1253658 | $182695 | $14602857 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower T. Rowe Price Mid Cap Growth Fund, Investor <br> Class | Federated Hermes Fund for U.S. Government Securities II | Federated Hermes Managed Volatility Fund II, Primary Shares | Franklin Small Cap Value VIP Fund, Class 2 | Invesco V.I. Comstock Fund, Series I | Invesco V.I. Core Equity Fund, <br> Series I | Invesco V.I. EQV International Equity Fund, <br> Series I |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $61499 | $1363433 | $44734 | $416877 | $150772 | $130977 | $385212 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 1 | 232 | 1 | 8 | 4 | 3 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | - | 18028 | 7186 | - | - | 12961 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 61500 | 1381693 | 51921 | 416885 | 150776 | 143941 | 385222 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 1 | 232 | 1 | 8 | 4 | 3 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | 2 | - | - | 1 | 4 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 3 | 232 | 1 | 9 | 8 | 3 | 9 |
| NET ASSETS | $61497 | $1381461 | $51920 | $416876 | $150768 | $143938 | $385213 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $61497 | $1336929 | $31120 | $416876 | $150768 | $40783 | $385213 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | - | 44532 | 20800 | - | - | 103155 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $61497 | $1381461 | $51920 | $416876 | $150768 | $143938 | $385213 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $38.14 | $9.31 | $10.40 | $13.87 | $21.42 | $36.03 | $36.11 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 1612 | 146448 | 4301 | 30056 | 7039 | 3635 | 10668 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $54909 | $1531512 | $40986 | $398216 | $128984 | $104347 | $357026 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Invesco V.I. Global Fund, <br> Series I | Invesco V.I. Growth and Income Fund, <br> Series I | Invesco V.I. High Yield Fund, <br> Series I | Invesco V.I. International Growth Fund, <br> Series I | Invesco V.I. Main Street Mid Cap Fund, <br> Series I | Invesco V.I. Main Street Small Cap Fund, <br> Series I | Invesco V.I. Small Cap Equity Fund, <br> Series I |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $665947 | $286736 | $73438 | $51108 | $21517 | $317466 | $159644 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 15 | 6 | 1 | 1 | 1 | 5 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 21910 | - | - | - | 2443 | 1 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 687872 | 286742 | 73439 | 51109 | 23961 | 317472 | 159647 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 15 | 6 | 1 | 1 | 1 | 5 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | - | - | - | - | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 15 | 6 | 1 | 1 | 1 | 5 | 7 |
| NET ASSETS | $687857 | $286736 | $73438 | $51108 | $23960 | $317467 | $159640 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $540971 | $286736 | $73438 | $51108 | $- | $317467 | $159640 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 146886 | - | - | - | 23960 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $687857 | $286736 | $73438 | $51108 | $23960 | $317467 | $159640 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $37.95 | $21.33 | $4.74 | $1.94 | $11.01 | $28.54 | $20.06 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 17548 | 13443 | 15493 | 26344 | 1954 | 11124 | 7958 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $642113 | $271566 | $75830 | $55468 | $18202 | $300405 | $146200 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Invesco V.I. Technology Fund, Series I | Janus Henderson VIT Balanced Portfolio, Institutional Shares | Janus Henderson VIT Balanced Portfolio, Service Shares | Janus Henderson VIT Flexible Bond Portfolio, Institutional Shares | Janus Henderson VIT Flexible Bond Portfolio, Service Shares | Janus Henderson VIT Global Research Portfolio, Institutional Shares | Janus Henderson VIT Global Technology and Innovation Portfolio, Institutional Shares |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $303099 | $345897 | $4740965 | $1628633 | $1196384 | $1208351 | $174030 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 7 | 8 | 422 | 23 | 91 | 26 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | - | 1183 | 274 | 381 | - | 3534 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 303106 | 347088 | 4741661 | 1629037 | 1196475 | 1211911 | 174032 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 7 | 8 | 422 | 23 | 90 | 26 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | 1 | - | - | - | 1 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 8 | 8 | 422 | 23 | 91 | 26 | 2 |
| NET ASSETS | $303098 | $347080 | $4741239 | $1629014 | $1196384 | $1211885 | $174030 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $303098 | $253768 | $4737030 | $1616028 | $1196384 | $1181350 | $174030 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | - | 93312 | 4209 | 12986 | - | 30535 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $303098 | $347080 | $4741239 | $1629014 | $1196384 | $1211885 | $174030 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $25.69 | $55.86 | $59.48 | $9.93 | $11.14 | $79.67 | $23.94 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 11798 | 6192 | 79707 | 164011 | 107395 | 15166 | 7269 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $226627 | $214583 | $3418552 | $1816357 | $1345007 | $703735 | $100555 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Janus Henderson VIT Global Technology and Innovation Portfolio, Service Shares | Janus Henderson VIT Overseas Portfolio, Institutional Shares | Janus Henderson VIT Overseas Portfolio, Service Shares | Janus Henderson VIT Research Portfolio, Institutional Shares | Lazard Retirement Emerging Markets Equity Portfolio, Service Shares | Lord Abbett Series Fund Short Duration Income Portfolio, <br> Class VC | LVIP American Century Balanced Fund, Standard <br> Class II |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $616378 | $40977 | $260909 | $517568 | $955089 | $56647 | $1014969 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 11 | 1 | 6 | 12 | 20 | 1 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | - | 8 | 2571 | 2211 | 2377 | - | 30033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 616389 | 40986 | 263486 | 519791 | 957486 | 56648 | 1045022 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 11 | 1 | 6 | 12 | 20 | 1 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | 2 | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 13 | 1 | 6 | 12 | 20 | 1 | 20 |
| NET ASSETS | $616376 | $40985 | $263480 | $519779 | $957466 | $56647 | $1045002 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $616376 | $40985 | $238276 | $441465 | $934142 | $56647 | $1045002 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | - | - | 25204 | 78314 | 23324 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $616376 | $40985 | $263480 | $519779 | $957466 | $56647 | $1045002 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $23.94 | $55.82 | $53.02 | $64.90 | $29.88 | $13.26 | $9.05 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 25747 | 734 | 4921 | 7975 | 31964 | 4272 | 112213 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $404116 | $25427 | $191990 | $268650 | $666020 | $57425 | $933327 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | LVIP American Century Disciplined Core Value Fund, Standard <br> Class II | LVIP American Century International Fund, Standard <br> Class II | LVIP American Century Mid Cap Value Fund, Service Class | LVIP American Century Value Fund, Standard <br> Class II | LVIP Baron Growth Opportunities Fund, Service<br> Class | LVIP BlackRock Equity Dividend Fund, Standard <br> Class | LVIP JPMorgan Core Bond Fund, Standard <br> Class |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $920861 | $134613 | $246277 | $3452094 | $663258 | $136420 | $12623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 425 | 3 | 5 | 65 | 14 | 2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 9 | 238 | 2 | 7236 | 9773 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 921295 | 134854 | 246284 | 3459395 | 673045 | 136422 | 12623 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 425 | 3 | 5 | 65 | 14 | 2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | - | - | - | 22 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 425 | 3 | 5 | 65 | 14 | 24 | - |
| NET ASSETS | $920870 | $134851 | $246279 | $3459330 | $673031 | $136398 | $12623 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $767467 | $126700 | $246279 | $3291490 | $626478 | $136398 | $12623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 153403 | 8151 | - | 167840 | 46553 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $920870 | $134851 | $246279 | $3459330 | $673031 | $136398 | $12623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $9.68 | $12.25 | $19.40 | $12.92 | $59.56 | $25.78 | $9.96 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 95130 | 10993 | 12698 | 267211 | 11137 | 5292 | 1268 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $860103 | $118236 | $251314 | $3086141 | $738311 | $141421 | $12834 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | LVIP JPMorgan Small Cap Core Fund, Standard <br> Class | LVIP Nomura SMID Cap Core Fund, Standard <br> Class | MFS VIT II International Growth Portfolio, Initial <br> Class | MFS VIT II International Intrinsic Value Portfolio, Service <br> Class | MFS VIT III Mid Cap Value Portfolio, Initial <br> Class | MFS VIT Utilities Series, Service <br> Class | Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio, <br> Class S |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $9091 | $480734 | $51837 | $1305394 | $299522 | $173116 | $1128 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager |  | 10 | 1 | 26 | 4 | 3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | - | - | - | 276 | - | 3 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 9091 | 480744 | 51838 | 1305696 | 299526 | 173122 | 1128 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts |  | 10 | 1 | 26 | 4 | 3 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | 2 | - | - | - | - | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | - | 12 | 1 | 26 | 4 | 3 | 1 |
| NET ASSETS | $9091 | $480732 | $51837 | $1305670 | $299522 | $173119 | $1127 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $9091 | $480732 | $51837 | $1301400 | $299522 | $173119 | $1127 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | - | - | - | 4270 | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $9091 | $480732 | $51837 | $1305670 | $299522 | $173119 | $1127 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $21.95 | $29.36 | $17.94 | $36.15 | $10.11 | $36.82 | $20.81 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 414 | 16375 | 2889 | 36110 | 29626 | 4702 | 54 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $9282 | $416157 | $44878 | $1044788 | $275972 | $152556 | $970 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Nomura VIP Emerging Markets Series, Standard Class | Nomura VIP International Core Equity Series, Service <br> Class | Nomura VIP International Core Equity Series, Standard <br> Class | Nomura VIP Small Cap Value Series, Standard <br> Class | NVIT Mid Cap Index Fund, <br> Class II | PIMCO VIT CommodityRealReturn Strategy Portfolio, Administrative<br> Class | PIMCO VIT Emerging Markets Bond Portfolio, Administrative <br> Class |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $229133 | $106392 | $35425 | $332591 | $972236 | $133125 | $26725 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 3 | 2 |  | 7 | 20 | 2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 2 | - | - | 2495 | 2472 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 229138 | 106394 | 35425 | 335093 | 974728 | 133127 | 26725 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 3 | 2 |  | 7 | 20 | 2 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | - | - | - | - | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 3 | 2 | - | 7 | 20 | 2 | 4 |
| NET ASSETS | $229135 | $106392 | $35425 | $335086 | $974708 | $133125 | $26721 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $229135 | $106392 | $35425 | $297325 | $950430 | $133125 | $26721 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | - | - | - | 37761 | 24278 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $229135 | $106392 | $35425 | $335086 | $974708 | $133125 | $26721 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $40.00 | $19.44 | $19.35 | $40.08 | $19.41 | $6.29 | $11.42 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 5728 | 5473 | 1831 | 8298 | 50089 | 21164 | 2340 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $140411 | $89538 | $30680 | $301963 | $976713 | $135311 | $27342 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | PIMCO VIT High Yield Portfolio, Administrative <br> Class | PIMCO VIT Low Duration Portfolio, Administrative <br> Class | PIMCO VIT Real Return Portfolio, Administrative <br> Class | PIMCO VIT Total Return Portfolio, Administrative <br> Class | Prudential Series Fund PGIM Jennison Blend Portfolio, <br> Class II | Putnam VT Core Equity Fund, <br> Class IA | Putnam VT Global Asset Allocation Fund, <br> Class IA |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $1693522 | $2341585 | $358218 | $3402194 | $171265 | $259455 | $148034 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 27 | 49 | 6 | 193 | 4 | 5 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 299 | - | - | 6266 | 473 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 1693848 | 2341634 | 358224 | 3408653 | 171742 | 259460 | 148037 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 27 | 49 | 6 | 193 | 4 | 5 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | 6 | - | - | - | 1 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 27 | 55 | 6 | 193 | 4 | 6 | 3 |
| NET ASSETS | $1693821 | $2341579 | $358218 | $3408460 | $171738 | $259454 | $148034 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $1688753 | $2341579 | $358218 | $3402141 | $146007 | $259454 | $148034 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 5068 | - | - | 6319 | 25731 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $1693821 | $2341579 | $358218 | $3408460 | $171738 | $259454 | $148034 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $7.41 | $9.78 | $12.01 | $9.45 | $139.85 | $23.64 | $19.47 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 228545 | 239426 | 29827 | 360021 | 1225 | 10975 | 7603 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $1744929 | $2376309 | $392513 | $3746903 | $57759 | $203123 | $125988 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Putnam VT <br> Global Health Care Fund, <br> Class IB | Putnam VT<br> Income Fund, <br> Class IA | Putnam VT <br> International Equity Fund, <br> Class IA | Putnam VT <br> International Value Fund, <br> Class IA | Putnam VT <br> Large Cap Value Fund, <br> Class IB | Putnam VT <br> Mortgage Securities Fund, <br> Class IB | Royce Capital Fund Small-Cap Portfolio, Service <br> Class |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $190030 | $316848 | $21983 | $65580 | $799444 | $367101 | $74704 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 4 | 5 |  | 1 | 15 | 7 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 6412 | - | - | - | 3183 | 1 | 3460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 196446 | 316853 | 21983 | 65581 | 802642 | 367109 | 78166 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 4 | 5 |  | 1 | 15 | 7 | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 4 | 5 | - | 1 | 15 | 7 | 2 |
| NET ASSETS | $196442 | $316848 | $21983 | $65580 | $802627 | $367102 | $78164 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $117457 | $316848 | $21983 | $65580 | $771423 | $367102 | $44237 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 78985 | - | - | - | 31204 | - | 33927 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $196442 | $316848 | $21983 | $65580 | $802627 | $367102 | $78164 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $16.81 | $8.30 | $20.11 | $16.12 | $35.69 | $6.20 | $9.20 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 11305 | 38174 | 1093 | 4068 | 22400 | 59210 | 8120 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $182396 | $381341 | $16466 | $42531 | $612759 | $437473 | $75772 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Schwab Government Money Market <br> Portfolio | Schwab S&P 500 Index <br> Portfolio | Schwab VIT Balanced <br> Portfolio | Schwab VIT Balanced with Growth <br> Portfolio | Schwab VIT Growth <br> Portfolio | T. Rowe Price Health Sciences <br> Portfolio | T. Rowe Price Health Sciences Portfolio, <br> Class II |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $7981101 | $27415057 | $18787 | $662306 | $49345 | $199561 | $218446 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 428 | 1165 |  | 11 | 1 | 3 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 34929 | 56322 | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 8016458 | 27472544 | 18787 | 662317 | 49346 | 199564 | 218450 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 428 | 1165 |  | 11 | 1 | 3 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | 1 | - | - | - | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 428 | 1165 | 1 | 11 | 1 | 3 | 5 |
| NET ASSETS | $8016030 | $27471379 | $18786 | $662306 | $49345 | $199561 | $218445 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $7654384 | $27217041 | $18786 | $662306 | $49345 | $199561 | $218445 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 361646 | 254338 | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $8016030 | $27471379 | $18786 | $662306 | $49345 | $199561 | $218445 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $1.00 | $100.71 | $15.40 | $18.59 | $21.72 | $58.47 | $54.03 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 7981101 | 272218 | 1220 | 35627 | 2272 | 3413 | 4043 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $7981141 | $14176015 | $15701 | $496659 | $37139 | $180443 | $218160 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Templeton Foreign VIP Fund, <br> Class 2 | Templeton Global Bond VIP Fund, <br> Class 2 | Third Avenue Value Portfolio | Touchstone Bond Fund, <br> Class I | Touchstone Common Stock Fund, <br> Class I | Touchstone Common Stock Fund, <br> Class SC | Touchstone Small Company Fund, <br> Class I |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $576637 | $72281 | $76997 | $1101525 | $139679 | $290225 | $23935 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 13 | 1 | 2 | 87 | 3 | 6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 1 | 1 | - | 1 | - | 3862 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 576651 | 72283 | 76999 | 1101613 | 139682 | 294093 | 23935 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 13 | 1 | 2 | 87 | 3 | 6 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | 31 | - | 3 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 13 | 1 | 33 | 87 | 6 | 6 | - |
| NET ASSETS | $576638 | $72282 | $76966 | $1101526 | $139676 | $294087 | $23935 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $576638 | $72282 | $76966 | $1101526 | $139676 | $256156 | $23935 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | - | - | - | - | - | 37931 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $576638 | $72282 | $76966 | $1101526 | $139676 | $294087 | $23935 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $16.22 | $13.17 | $25.04 | $8.76 | $12.91 | $12.77 | $14.18 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 35551 | 5488 | 3075 | 125745 | 10819 | 22727 | 1688 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $530638 | $83456 | $49288 | $1169686 | $116015 | $231986 | $21470 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | VanEck VIP Emerging Markets Bond Fund, Initial <br> Class | VanEck VIP Global Resources Fund, <br> Class S | Vanguard VIF Capital Growth <br> Portfolio | Vanguard VIF Diversified Value <br> Portfolio | Vanguard VIF Mid-Cap Index <br> Portfolio | Vanguard VIF Real Estate Index <br> Portfolio | Vanguard VIF Small Company Growth <br> Portfolio |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $70237 | $37922 | $905443 | $333126 | $587926 | $237479 | $289377 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 2 | 1 | 12 | 5 | 9 | 4 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 83855 | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 154094 | 37923 | 905455 | 333131 | 587935 | 237483 | 289381 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 2 | 1 | 12 | 5 | 9 | 4 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | 8 | - | - | 1 | 1 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 2 | 9 | 12 | 5 | 10 | 5 | 4 |
| NET ASSETS | $154092 | $37914 | $905443 | $333126 | $587925 | $237478 | $289377 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $20649 | $37914 | $905443 | $333126 | $587925 | $237478 | $289377 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 133443 | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $154092 | $37914 | $905443 | $333126 | $587925 | $237478 | $289377 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $8.18 | $31.97 | $61.82 | $17.47 | $27.96 | $11.57 | $19.07 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 8586 | 1186 | 14646 | 19068 | 21027 | 20525 | 15174 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $66527 | $30075 | $602474 | $268836 | $495804 | $243195 | $296914 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | |
|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Victory Pioneer Fund VCT Portfolio, <br> Class I | Victory Pioneer Mid Cap Value VCT Portfolio, <br> Class II | Victory Pioneer Select Mid Cap Growth VCT Portfolio, <br> Class I |
| ASSETS: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $1943277 | $1 | $228003 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 41 |  | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 3869 | - | 2605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 1947187 | 1 | 230613 |
| LIABILITIES: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 41 |  | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | 1 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 41 | 1 | 5 |
| NET ASSETS | $1947146 | $- | $230608 |
| ANALYSIS OF NET ASSETS |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $1908834 | $- | $204735 |
| &nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 38312 | - | 25873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $1947146 | $- | $230608 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $19.65 | $11.19 | $29.33 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 98894 | 0 \* | 7774 |
| <sup>(1)</sup> Investments in mutual fund shares, at cost | $1593316 | $2 | $187188 |

---

\* The Subaccount has shares that round to less than one.

Note: Totals and NAV may not appear to foot/crossfoot/calculate due to rounding.

(Concluded)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | AB VPS Discovery Value Portfolio,<br> Class A | AB VPS International Value Portfolio, <br> Class A | AB VPS Large Cap Growth Portfolio,<br> Class A | AB VPS Relative Value Portfolio,<br> Class A | Alger Capital Appreciation Portfolio, <br> Class I-2 | Alger Large Cap Growth Portfolio,<br> Class I-2 | Alger Mid Cap Growth Portfolio,<br> Class I-2 |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $830 | $772 | $- | $3962 | $- | $- | $- |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 822 | 283 | 5763 | 2462 | 3077 | 22357 | 1410 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | 252 | - | - | - | 267 | 65 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 1074 | 283 | 5763 | 2462 | 3344 | 22422 | 1410 |
| NET INVESTMENT INCOME (LOSS) | (244) | 489 | (5763) | 1500 | (3344) | (22422) | (1410) |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (865) | 2396 | 16920 | 15099 | 21847 | 192311 | 22091 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 10744 | - | 73027 | 28870 | 89120 | 308733 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 9879 | 2396 | 89947 | 43969 | 110967 | 501044 | 22091 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (8503) | 8623 | 13482 | (11429) | 29231 | 103353 | 11275 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 1376 | 11019 | 103429 | 32540 | 140198 | 604397 | 33366 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $1132 | $11508 | $97666 | $34040 | $136854 | $581975 | $31956 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Allspring VT Discovery All Cap Growth Fund, <br> Class 2 | Allspring VT Discovery SMID Cap Growth Fund,<br> Class 2 | Allspring VT Opportunity Fund,<br> Class 2 | American Funds IS Global Growth Fund,<br> Class 1 | American Funds IS Global Small Capitalization Fund, <br> Class 2 | American Funds IS Growth-Income Fund, <br> Class 4 | American Funds IS New World Fund,<br> Class 2 |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $- | $- | $89 | $764 | $180 | $876 | $1866 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 583 | 298 | 1451 | 380 | 239 | 766 | 859 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | - | 143 | - | - | - | - | 586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 583 | 441 | 1451 | 380 | 239 | 766 | 1445 |
| NET INVESTMENT INCOME (LOSS) | (583) | (441) | (1362) | 384 | (59) | 110 | 421 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (74) | 3885 | 221 | 7544 | 2 | 1358 | 10538 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 24135 | 288 | 17902 | 11607 | 1093 | 19733 | 7335 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 24061 | 4173 | 18123 | 19151 | 1095 | 21091 | 17873 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (14308) | (1482) | (7172) | (5686) | 5684 | (2648) | 24078 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 9753 | 2691 | 10951 | 13465 | 6779 | 18443 | 41951 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $9170 | $2250 | $9589 | $13849 | $6720 | $18553 | $42372 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | American Funds IS The Bond Fund of America, Class 2 | BlackRock Global Allocation V.I. Fund, Class I | BNY Mellon IP MidCap Stock Portfolio, Initial Shares | BNY Mellon VIF Appreciation Portfolio, Initial Shares | BNY Mellon VIF Growth and Income Portfolio, Initial Shares | ClearBridge Variable Large Cap Growth Portfolio, Class I | ClearBridge Variable Mid Cap Portfolio, Class I |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $3852 | $10419 | $3922 | $3057 | $1742 | $- | $248 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 533 | 1930 | 2956 | 6497 | 2837 | 1670 | 621 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | - | - | - | 22 | - | 151 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 533 | 1930 | 2956 | 6519 | 2837 | 1821 | 621 |
| NET INVESTMENT INCOME (LOSS) | 3319 | 8489 | 966 | (3462) | (1095) | (1821) | (373) |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (1939) | 734 | (5145) | (5741) | 14011 | 44926 | 186 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | - | 23946 | 50982 | 124583 | 31908 | 14129 | 5678 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (1939) | 24680 | 45837 | 118842 | 45919 | 59055 | 5864 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 4514 | 18489 | (2300) | (40572) | 15183 | (36847) | (2086) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 2575 | 43169 | 43537 | 78270 | 61102 | 22208 | 3778 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $5894 | $51658 | $44503 | $74808 | $60007 | $20387 | $3405 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | ClearBridge Variable Small Cap Growth Portfolio,<br> Class I | Columbia VP Emerging Markets Fund, <br> Class 2 | Columbia VP Large Cap Growth Fund,<br> Class 2 | Columbia VP Seligman Global Technology Fund,<br> Class 2 | Columbia VP Small Cap Value Fund,<br> Class 2 | Dimensional VA US Targeted Value Portfolio, Institutional | DWS Capital Growth VIP, <br> Class A |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $- | $9 | $- | $- | $- | $3324 | $765 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 521 | 96 | 9828 | 5819 | 211 | 919 | 11676 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | - | - | - | - | - | 536 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 521 | 96 | 9828 | 5819 | 211 | 1455 | 11676 |
| NET INVESTMENT INCOME (LOSS) | (521) | (87) | (9828) | (5819) | (211) | 1869 | (10911) |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 152 | (1699) | 503625 | 33298 | (25276) | 381 | 52781 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 5752 | - | - | 67757 | - | 15040 | 178384 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 5904 | (1699) | 503625 | 101055 | (25276) | 15421 | 231165 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 1847 | 5466 | (340559) | (70288) | 12594 | (2765) | (50900) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 7751 | 3767 | 163066 | 30767 | (12682) | 12656 | 180265 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $7230 | $3680 | $153238 | $24948 | $(12893) | $14525 | $169354 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | DWS Core Equity VIP, <br> Class A | DWS CROCI U.S. VIP, <br> Class A | DWS Global Small Cap VIP, <br> Class A | DWS Small Cap Index VIP, <br> Class A | DWS Small Mid Cap Growth VIP, <br> Class A | DWS Small Mid Cap Value VIP, <br> Class A | Empower Bond Index Fund, Investor Class |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $2311 | $661 | $834 | $13004 | $- | $964 | $15724 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 2013 | 416 | 459 | 6957 | 16 | 838 | 3191 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | - | - | - | 1241 | - | - | 164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 2013 | 416 | 459 | 8198 | 16 | 838 | 3355 |
| NET INVESTMENT INCOME (LOSS) | 298 | 245 | 375 | 4806 | (16) | 126 | 12369 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 3974 | 410 | 11 | (16035) | (4) | (34) | (33293) |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 29837 | 4285 | 4116 | 55536 | 171 | 10886 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 33811 | 4695 | 4127 | 39501 | 167 | 10852 | (33293) |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 10268 | 2661 | 8719 | 62870 | 24 | 5444 | 57481 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 44079 | 7356 | 12846 | 102371 | 191 | 16296 | 24188 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $44377 | $7601 | $13221 | $107177 | $175 | $16422 | $36557 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower Conservative Profile Fund, Investor Class | Empower International Index Fund, Investor Class | Empower International Value Fund, Investor Class | Empower Lifetime 2015 Fund, Investor Class | Empower Lifetime 2020 Fund, Investor Class | Empower Lifetime 2025 Fund, Investor Class | Empower Lifetime 2030 Fund, Investor Class |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $39128 | $2885 | $671 | $1487 | $2074 | $1364 | $718 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 9656 | 657 | 197 | 372 | 491 | 368 | 178 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | - | 376 | 194 | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 9656 | 1033 | 391 | 372 | 491 | 368 | 178 |
| NET INVESTMENT INCOME (LOSS) | 29472 | 1852 | 280 | 1115 | 1583 | 996 | 540 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (3552) | 530 | 56 | 17 | 25 | 28 | 16 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 11572 | 1448 | 1934 | 642 | 1328 | 1075 | 517 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 8020 | 1978 | 1990 | 659 | 1353 | 1103 | 533 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 69865 | 26985 | 10376 | 3398 | 4258 | 3807 | 2110 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 77885 | 28963 | 12366 | 4057 | 5611 | 4910 | 2643 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $107357 | $30815 | $12646 | $5172 | $7194 | $5906 | $3183 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower Mid Cap Value Fund, Investor Class | Empower Moderate Profile Fund, Investor Class | Empower Moderately Aggressive Profile Fund, Investor Class | Empower Moderately Conservative Profile Fund, Investor Class | Empower Multi-Sector Bond Fund, Investor Class | Empower Real Estate Index Fund, Investor Class | Empower SecureFoundation Balanced Fund, Investor Class |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $1658 | $65758 | $2298 | $18202 | $40788 | $2916 | $415151 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 233 | 14936 | 706 | 5766 | 7204 | 1102 | 99988 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | - | - | - | - | 128 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 233 | 14936 | 706 | 5766 | 7332 | 1102 | 99988 |
| NET INVESTMENT INCOME (LOSS) | 1425 | 50822 | 1592 | 12436 | 33456 | 1814 | 315163 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 834 | 3159 | 62 | 11108 | 369 | (984) | 62256 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 613 | 150430 | 4253 | 23141 | - | 847 | 160722 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 1447 | 153589 | 4315 | 34249 | 369 | (137) | 222978 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (158) | 91398 | 7529 | 25496 | 58872 | 3319 | 1210190 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 1289 | 244987 | 11844 | 59745 | 59241 | 3182 | 1433168 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $2714 | $295809 | $13436 | $72181 | $92697 | $4996 | $1748331 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower T. Rowe Price Mid Cap Growth Fund, Investor Class | Federated Hermes Fund for U.S. Government Securities II | Federated Hermes Managed Volatility Fund II, Primary Shares | Franklin Small Cap Value VIP Fund, <br> Class 2 | Invesco V.I. Comstock Fund, <br> Series I | Invesco V.I. Core Equity Fund, <br> Series I | Invesco V.I. EQV International Equity Fund, <br> Series I |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $- | $49992 | $1309 | $5828 | $2567 | $821 | $7243 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 382 | 9175 | 382 | 3965 | 1438 | 1076 | 4334 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | - | 197 | - | 459 | - | - | 382 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 382 | 9372 | 382 | 4424 | 1438 | 1076 | 4716 |
| NET INVESTMENT INCOME (LOSS) | (382) | 40620 | 927 | 1404 | 1129 | (255) | 2527 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 2208 | (9726) | (170) | (17750) | 11741 | 2508 | (2722) |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 1021 | - | 798 | 45450 | 16189 | 9450 | 32148 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 3229 | (9726) | 628 | 27700 | 27930 | 11958 | 29426 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (1390) | 44663 | 1134 | 8981 | (4296) | 6315 | 39824 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 1839 | 34937 | 1762 | 36681 | 23634 | 18273 | 69250 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $1457 | $75557 | $2689 | $38085 | $24763 | $18018 | $71777 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Invesco V.I. Global Fund, <br> Series I | Invesco V.I. Growth and Income Fund, <br> Series I | Invesco V.I. High Yield Fund, <br> Series I | Invesco V.I. International Growth Fund,<br> Series I | Invesco V.I. Main Street Mid Cap Fund, <br> Series I | Invesco V.I. Main Street Small Cap Fund, <br> Series I | Invesco V.I. Small Cap Equity Fund,<br> Series I |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $- | $3927 | $5034 | $213 | $69 | $1364 | $- |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 6430 | 1873 | 386 | 340 | 560 | 1672 | 1134 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | 170 | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 6600 | 1873 | 386 | 340 | 560 | 1672 | 1134 |
| NET INVESTMENT INCOME (LOSS) | (6600) | 2054 | 4648 | (127) | (491) | (308) | (1134) |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (2555) | 1517 | (825) | (2239) | 7153 | 380 | 49 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 144727 | 20748 | - | 5723 | 2027 | 30619 | 6817 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 142172 | 22265 | (825) | 3484 | 9180 | 30999 | 6866 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (31278) | 12724 | 565 | 5324 | (2109) | (6739) | 5053 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 110894 | 34989 | (260) | 8808 | 7071 | 24260 | 11919 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $104294 | $37043 | $4388 | $8681 | $6580 | $23952 | $10785 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Invesco V.I. Technology Fund,<br> Series I | Janus Henderson VIT Balanced Portfolio, Institutional Shares | Janus Henderson VIT Balanced Portfolio, Service Shares | Janus Henderson VIT Flexible Bond Portfolio, Institutional Shares | Janus Henderson VIT Flexible Bond Portfolio, Service Shares | Janus Henderson VIT Global Research Portfolio, Institutional Shares | Janus Henderson VIT Global Technology and Innovation Portfolio, Institutional Shares |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $- | $6639 | $76946 | $86414 | $53898 | $6537 | $- |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 2272 | 2658 | 31004 | 8696 | 9734 | 8769 | 1321 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | - | - | - | - | 573 | - | 1113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 2272 | 2658 | 31004 | 8696 | 10307 | 8769 | 2434 |
| NET INVESTMENT INCOME (LOSS) | (2272) | 3981 | 45942 | 77718 | 43591 | (2232) | (2434) |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 1023 | 4096 | 41689 | (51942) | (17412) | 16925 | 40659 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 31761 | 10620 | 138606 | - | - | 97835 | 25694 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 32784 | 14716 | 180295 | (51942) | (17412) | 114760 | 66353 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 18865 | 24590 | 367142 | 88049 | 48677 | 92507 | (2608) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 51649 | 39306 | 547437 | 36107 | 31265 | 207267 | 63745 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $49377 | $43287 | $593379 | $113825 | $74856 | $205035 | $61311 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Janus Henderson VIT Global Technology and Innovation Portfolio, Service Shares | Janus Henderson VIT Overseas Portfolio, Institutional Shares | Janus Henderson VIT Overseas Portfolio, Service Shares | Janus Henderson VIT Research Portfolio, Institutional Shares | Lazard Retirement Emerging Markets Equity Portfolio, Service Shares | Lord Abbett Series Fund Short Duration Income Portfolio, Class VC | LVIP American Century Balanced Fund, Standard<br> Class II |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $- | $547 | $3196 | $580 | $24987 | $2457 | $18303 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 4731 | 319 | 2035 | 4065 | 6792 | 372 | 6857 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | - | - | 22 | - | 402 | 84 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 4731 | 319 | 2057 | 4065 | 7194 | 456 | 6857 |
| NET INVESTMENT INCOME (LOSS) | (4731) | 228 | 1139 | (3485) | 17793 | 2001 | 11446 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 41505 | 614 | 5969 | 12242 | 37188 | (95) | 5306 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 70910 | - | - | 35681 | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 112415 | 614 | 5969 | 47923 | 37188 | (95) | 5306 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 57036 | 8334 | 50723 | 33529 | 252940 | 719 | 67172 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 169451 | 8948 | 56692 | 81452 | 290128 | 624 | 72478 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $164720 | $9176 | $57831 | $77967 | $307921 | $2625 | $83924 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | LVIP American Century Disciplined Core Value Fund, Standard<br> Class II | LVIP American Century International Fund, Standard <br> Class II | LVIP American Century Mid Cap Value Fund, <br> Service Class | LVIP American Century Value Fund, Standard<br> Class II | LVIP Baron Growth Opportunities Fund,<br> Service Class | LVIP BlackRock Equity Dividend Fund,<br> Standard Class | LVIP JPMorgan Core Bond Fund, <br> Standard Class |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $14574 | $1582 | $3809 | $59343 | $- | $2221 | $445 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 5068 | 911 | 1895 | 25409 | 6207 | 764 | 104 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | 177 | 33 | - | 1359 | 777 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 5245 | 944 | 1895 | 26768 | 6984 | 764 | 104 |
| NET INVESTMENT INCOME (LOSS) | 9329 | 638 | 1914 | 32575 | (6984) | 1457 | 341 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (14777) | (117) | (1318) | 170540 | 48920 | (238) | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | - | - | 19816 | 281309 | 97456 | 12580 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (14777) | (117) | 18498 | 451849 | 146376 | 12342 | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 118930 | 17604 | (2117) | 32503 | (230673) | 1412 | 430 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 104153 | 17487 | 16381 | 484352 | (84297) | 13754 | 429 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $113482 | $18125 | $18295 | $516927 | $(91281) | $15211 | $770 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | LVIP JPMorgan Small Cap Core Fund,<br> Standard Class | LVIP Nomura SMID Cap Core Fund,<br>Standard Class | MFS VIT II International Growth Portfolio,<br>Initial Class | MFS VIT II International Intrinsic Value Portfolio,<br>Service Class | MFS VIT III Mid Cap Value Portfolio,<br>Initial Class | MFS VIT Utilities Series,<br>Service Class | Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio,<br>Class S |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $54 | $2590 | $444 | $15815 | $3076 | $4484 | $- |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 289 | 3521 | 239 | 8768 | 1576 | 2008 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | - | - | - | 933 | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 289 | 3521 | 239 | 9701 | 1576 | 2008 | 9 |
| NET INVESTMENT INCOME (LOSS) | (235) | (931) | 205 | 6114 | 1500 | 2476 | (9) |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 3015 | 1529 | 158 | 30364 | 7935 | 42993 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 1019 | 11510 | 2642 | 67637 | 26776 | 2236 | 92 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 4034 | 13039 | 2800 | 98001 | 34711 | 45229 | 93 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 82 | 23679 | 5917 | 227283 | (22440) | (4882) | 23 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 4116 | 36718 | 8717 | 325284 | 12271 | 40347 | 116 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $3881 | $35787 | $8922 | $331398 | $13771 | $42823 | $107 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Nomura VIP Emerging Markets Series,<br> Standard Class | Nomura VIP International Core Equity Series, <br> Service Class | Nomura VIP International Core Equity Series, <br> Standard Class | Nomura VIP Small Cap Value Series,<br> Standard Class | NVIT Mid Cap Index Fund, <br> Class II | PIMCO VIT CommodityRealReturn Strategy Portfolio,<br> Administrative <br> Class | PIMCO VIT Emerging Markets Bond Portfolio,<br> Administrative <br> Class |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $2604 | $392 | $433 | $4136 | $9704 | $3788 | $1749 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 873 | 632 | 162 | 2447 | 7469 | 845 | 129 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | 412 | - | 161 | 236 | 515 | 33 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 1285 | 632 | 323 | 2683 | 7984 | 878 | 129 |
| NET INVESTMENT INCOME (LOSS) | 1319 | (240) | 110 | 1453 | 1720 | 2910 | 1620 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 4262 | 65 | 24 | 1163 | (45323) | (12582) | 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 334 | 4803 | 1594 | 20145 | 64048 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 4596 | 4868 | 1618 | 21308 | 18725 | (12582) | 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 100000 | 15533 | 4968 | 336 | 18451 | 34883 | 1837 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 104596 | 20401 | 6586 | 21644 | 37176 | 22301 | 1938 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $105915 | $20161 | $6696 | $23097 | $38896 | $25211 | $3558 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | PIMCO VIT High Yield Portfolio, Administrative<br> Class | PIMCO VIT Low Duration Portfolio, Administrative<br> Class | PIMCO VIT Real Return Portfolio, Administrative<br> Class | PIMCO VIT Total Return Portfolio, Administrative<br> Class | Prudential Series Fund Natural Resources Portfolio, <br> Class II | Prudential Series Fund PGIM Jennison Blend Portfolio, <br> Class II | Putnam VT Core Equity Fund, <br> Class IA |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $106770 | $95331 | $11623 | $138197 | $- | $- | $1594 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 10065 | 18007 | 2240 | 23441 | 69 | 1258 | 1587 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | 321 | 578 | - | 1086 | - | 11 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 10386 | 18585 | 2240 | 24527 | 69 | 1269 | 1587 |
| NET INVESTMENT INCOME (LOSS) | 96384 | 76746 | 9383 | 113670 | (69) | (1269) | 7 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (14112) | (41336) | (168) | (79582) | 3771 | 2417 | 5494 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | - | - | - | - | - | - | 21022 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (14112) | (41336) | (168) | (79582) | 3771 | 2417 | 26516 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 53393 | 76115 | 14275 | 226646 | (6011) | 27113 | 11206 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 39281 | 34779 | 14107 | 147064 | (2240) | 29530 | 37722 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $135665 | $111525 | $23490 | $260734 | $(2309) | $28261 | $37729 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Putnam VT Global Asset Allocation Fund, <br> Class IA | Putnam VT Global Health Care Fund,<br> Class IB | Putnam VT Income Fund, <br> Class IA | Putnam VT International Equity Fund, <br> Class IA | Putnam VT International Value Fund, <br> Class IA | Putnam VT Large Cap Value Fund,<br> Class IB | Putnam VT Mortgage Securities Fund,<br> Class IB |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $3322 | $- | $15109 | $43 | $822 | $14963 | $29817 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 893 | 2821 | 1970 | 133 | 301 | 6674 | 2455 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | - | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 893 | 2821 | 1970 | 133 | 301 | 6674 | 2455 |
| NET INVESTMENT INCOME (LOSS) | 2429 | (2821) | 13139 | (90) | 521 | 8289 | 27362 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 112 | 3497 | (25509) | 22 | 3155 | 117639 | (40973) |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 15996 | 45055 | - | 1129 | 504 | 71574 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 16108 | 48552 | (25509) | 1151 | 3659 | 189213 | (40973) |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (418) | 10810 | 34297 | 4882 | 14118 | (19609) | 44808 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 15690 | 59362 | 8788 | 6033 | 17777 | 169604 | 3835 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $18119 | $56541 | $21927 | $5943 | $18298 | $177893 | $31197 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Royce Capital Fund Small-Cap Portfolio,<br> Service Class | Schwab Government Money Market<br> Portfolio | Schwab S&P 500 Index <br> Portfolio | Schwab VIT Balanced<br> Portfolio | Schwab VIT Balanced with Growth <br> Portfolio | Schwab VIT Growth<br> Portfolio | T. Rowe Price Health Sciences <br> Portfolio |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $1268 | $326905 | $307270 | $426 | $13701 | $879 | $- |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 508 | 58386 | 192560 | 122 | 3722 | 229 | 941 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | - | 55 | 8316 | - | 6044 | 446 | 649 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 508 | 58441 | 200876 | 122 | 9766 | 675 | 1590 |
| NET INVESTMENT INCOME (LOSS) | 760 | 268464 | 106394 | 304 | 3935 | 204 | (1590) |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (22) |  | 3112784 | 17 | 2093 | 1914 | (3510) |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 5068 | 53 | - | 326 | 16360 | 2527 | 6721 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 5046 | 53 | 3112784 | 343 | 18453 | 4441 | 3211 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (385) | - | 1088325 | 1377 | 57683 | 2403 | 26849 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 4661 | 53 | 4201109 | 1720 | 76136 | 6844 | 30060 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $5421 | $268517 | $4307503 | $2024 | $80071 | $7048 | $28470 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | T. Rowe Price Health Sciences Portfolio,<br> Class II | Templeton Foreign VIP Fund, <br> Class 2 | Templeton Global Bond VIP Fund, <br> Class 2 | Third Avenue Value Portfolio | Touchstone Bond Fund, <br> Class I | Touchstone Common Stock Fund, <br> Class I | Touchstone Common Stock Fund, <br> Class SC |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $- | $12058 | $- | $1494 | $44374 | $712 | $957 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 1921 | 3497 | 366 | 498 | 9066 | 1074 | 2655 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | - | - | 16 | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 1921 | 3497 | 382 | 498 | 9066 | 1074 | 2655 |
| NET INVESTMENT INCOME (LOSS) | (1921) | 8561 | (382) | 996 | 35308 | (362) | (1698) |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 9032 | 64 | (3516) | 190 | (8975) | 1730 | 76134 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 7936 | 33669 | - | 4851 | - | 19087 | 40095 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 16968 | 33733 | (3516) | 5041 | (8975) | 20817 | 116229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 23295 | 41580 | 14030 | 13427 | 45850 | 1 | (60057) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 40263 | 75313 | 10514 | 18468 | 36875 | 20818 | 56172 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $38342 | $83874 | $10132 | $19464 | $72183 | $20456 | $54474 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Touchstone Small Company Fund, <br> Class I | VanEck VIP Emerging Markets Bond Fund, Initial<br> Class | VanEck VIP Global Resources Fund,<br> Class S | Vanguard VIF Capital Growth<br> Portfolio | Vanguard VIF Diversified Value <br> Portfolio | Vanguard VIF Mid-Cap Index<br> Portfolio | Vanguard VIF Real Estate Index <br> Portfolio |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $48 | $3856 | $846 | $8241 | $4629 | $8597 | $6287 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 174 | 643 | 395 | 4064 | 1706 | 3797 | 1294 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | - | - | 33 | 2393 | 1253 | 1392 | 365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 174 | 643 | 428 | 6457 | 2959 | 5189 | 1659 |
| NET INVESTMENT INCOME (LOSS) | (126) | 3213 | 418 | 1784 | 1670 | 3408 | 4628 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 1340 | (1058) | 13411 | 27095 | 1382 | 35575 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 3120 | - | - | 35410 | 24204 | 34249 | 4025 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 4460 | (1058) | 13411 | 62505 | 25586 | 69824 | 4034 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (2239) | 10058 | 1308 | 145116 | 18247 | (2194) | (3050) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 2221 | 9000 | 14719 | 207621 | 43833 | 67630 | 984 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $2095 | $12213 | $15137 | $209405 | $45503 | $71038 | $5612 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Vanguard VIF Small Company Growth Portfolio | Victory Pioneer Fund VCT Portfolio, <br> Class I | Victory Pioneer Mid Cap Value VCT Portfolio,<br> Class II | Victory Pioneer Select Mid Cap Growth VCT Portfolio, <br> Class I |
| INVESTMENT INCOME: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $1838 | $7802 | $2652 | $- |
| EXPENSES: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 2007 | 13132 | 1174 | 1668 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | 643 | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 2650 | 13132 | 1174 | 1668 |
| NET INVESTMENT INCOME (LOSS) | (812) | (5330) | 1478 | (1668) |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (17627) | 15965 | 7647 | (14886) |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 26128 | 229796 | 11803 | 19695 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 8501 | 245761 | 19450 | 4809 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 9740 | 114608 | (5466) | 25316 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 18241 | 360369 | 13984 | 30125 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $17429 | $355039 | $15462 | $28457 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Concluded)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | AB VPS Discovery Value Portfolio,<br> Class A | AB VPS International Value Portfolio,<br> Class A | AB VPS Large Cap Growth Portfolio,<br> Class A | AB VPS Relative Value Portfolio,<br> Class A | Alger Capital Appreciation Portfolio, <br> Class I-2 | Alger Large Cap Growth Portfolio,<br> Class I-2 | Alger Mid Cap Growth Portfolio,<br> Class I-2 |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(244) | $489 | $(5763) | $1500 | $(3344) | $(22422) | $(1410) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 9879 | 2396 | 89947 | 43969 | 110967 | 501044 | 22091 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (8503) | 8623 | 13482 | (11429) | 29231 | 103353 | 11275 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 1132 | 11508 | 97666 | 34040 | 136854 | 581975 | 31956 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (24553) | (14703) | (229069) | (59790) | (8168) | (150193) | (29358) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 10599 | 5874 | 5081 | 20307 | 5557 | (1310919) | (134281) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (13954) | (8829) | (223988) | (39483) | (2611) | (1461112) | (163639) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (12822) | 2679 | (126322) | (5443) | 134243 | (879137) | (131683) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 115272 | 31509 | 819602 | 377143 | 432620 | 2897341 | 251954 |
| &nbsp;&nbsp;&nbsp;End of period | $102450 | $34188 | $693280 | $371700 | $566863 | $2018204 | $120271 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Allspring VT Discovery All Cap Growth Fund,<br> Class 2 | Allspring VT Discovery SMID Cap Growth Fund,<br> Class 2 | Allspring VT Opportunity Fund,<br> Class 2 | American Funds IS Global Growth Fund, <br> Class 1 | American Funds IS Global Small Capitalization Fund, <br> Class 2 | American Funds IS Growth-Income Fund, <br> Class 4 | American Funds IS New World Fund,<br> Class 2 |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(583) | $(441) | $(1362) | $384 | $(59) | $110 | $421 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 24061 | 4173 | 18123 | 19151 | 1095 | 21091 | 17873 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (14308) | (1482) | (7172) | (5686) | 5684 | (2648) | 24078 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 9170 | 2250 | 9589 | 13849 | 6720 | 18553 | 42372 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  | (3690) | (12641) | (63416) |  | (43) | (41274) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (2) | (3755) | (1642) | (21767) | 3368 | (5483) | (2431) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (2) | (7445) | (14283) | (85183) | 3368 | (5526) | (43705) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 9168 | (5195) | (4694) | (71334) | 10088 | 13027 | (1333) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 64157 | 56474 | 182877 | 108300 | 43656 | 115123 | 176139 |
| &nbsp;&nbsp;&nbsp;End of period | $73325 | $51279 | $178183 | $36966 | $53744 | $128150 | $174806 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | American Funds IS The Bond Fund of America, <br> Class 2 | BlackRock Global Allocation V.I. Fund, <br> Class I | BNY Mellon IP MidCap Stock Portfolio, Initial<br> Shares | BNY Mellon VIF Appreciation Portfolio, Initial<br> Shares | BNY Mellon VIF Growth and Income Portfolio, Initial <br> Shares | ClearBridge Variable Large Cap Growth Portfolio,<br> Class I | ClearBridge Variable Mid Cap Portfolio, <br> Class I |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $3319 | $8489 | $966 | $(3462) | $(1095) | $(1821) | $(373) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (1939) | 24680 | 45837 | 118842 | 45919 | 59055 | 5864 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 4514 | 18489 | (2300) | (40572) | 15183 | (36847) | (2086) |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 5894 | 51658 | 44503 | 74808 | 60007 | 20387 | 3405 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (7795) | (6303) | (81646) | (6840) | (68726) |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 1019 | (468) | (1) | (27020) | (902) | (115487) | 2045 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (6776) | (6771) | (81647) | (33860) | (69628) | (115487) | 2045 |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (882) | 44887 | (37144) | 40948 | (9621) | (95100) | 5450 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 91326 | 274333 | 572503 | 819179 | 391505 | 290677 | 83934 |
| &nbsp;&nbsp;&nbsp;End of period | $90444 | $319220 | $535359 | $860127 | $381884 | $195577 | $89384 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | ClearBridge Variable Small Cap Growth Portfolio,<br> Class I | Columbia VP Emerging Markets Fund, <br> Class 2 | Columbia VP Large Cap Growth Fund, <br> Class 2 | Columbia VP Seligman Global Technology Fund,<br> Class 2 | Columbia VP Small Cap Value Fund, <br> Class 2 | Dimensional VA US Targeted Value Portfolio,<br> Institutional | DWS Capital Growth VIP, <br> Class A |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(521) | $(87) | $(9828) | $(5819) | $(211) | $1869 | $(10911) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 5904 | (1699) | 503625 | 101055 | (25276) | 15421 | 231165 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 1847 | 5466 | (340559) | (70288) | 12594 | (2765) | (50900) |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 7230 | 3680 | 153238 | 24948 | (12893) | 14525 | 169354 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  | 60 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  | (618691) | (1002032) | (85567) |  | (213362) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 13 | (2334) | (417906) | (8083) | 1 | 2484 | (644631) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | 13 | (2334) | (1036597) | (1010115) | (85566) | 2484 | (857933) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 7243 | 1346 | (883359) | (985167) | (98459) | 17009 | (688579) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 77449 | 13046 | 2053454 | 1448635 | 98459 | 174712 | 1574344 |
| &nbsp;&nbsp;&nbsp;End of period | $84692 | $14392 | $1170095 | $463468 | $- | $191721 | $885765 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | DWS Core Equity VIP, <br> Class A | DWS CROCI U.S. VIP, <br> Class A | DWS Global Small Cap VIP, <br> Class A | DWS Small Cap Index VIP, <br> Class A | DWS Small Mid Cap Growth VIP,<br> Class A | DWS Small Mid Cap Value VIP,<br> Class A | Empower Bond Index Fund, Investor <br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $298 | $245 | $375 | $4806 | $(16) | $126 | $12369 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 33811 | 4695 | 4127 | 39501 | 167 | 10852 | (33293) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 10268 | 2661 | 8719 | 62870 | 24 | 5444 | 57481 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 44377 | 7601 | 13221 | 107177 | 175 | 16422 | 36557 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  | 300 |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (6941) | (2895) |  | (41931) |  | (191) | (84036) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (8871) | (667) | (1) | (13367) | 1 | (298) | (89004) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (15812) | (3562) | (1) | (54998) | 1 | (489) | (173040) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 28565 | 4039 | 13220 | 52179 | 176 | 15933 | (136483) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 276697 | 52230 | 67002 | 954112 | 2367 | 94899 | 717105 |
| &nbsp;&nbsp;&nbsp;End of period | $305262 | $56269 | $80222 | $1006291 | $2543 | $110832 | $580622 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower Conservative Profile Fund, Investor <br> Class | Empower International Index Fund, Investor <br> Class | Empower International Value Fund, Investor <br> Class | Empower Lifetime 2015 Fund, Investor <br> Class | Empower Lifetime 2020 Fund, Investor <br> Class | Empower Lifetime 2025 Fund, Investor <br> Class | Empower Lifetime 2030 Fund, Investor <br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $29472 | $1852 | $280 | $1115 | $1583 | $996 | $540 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 8020 | 1978 | 1990 | 659 | 1353 | 1103 | 533 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 69865 | 26985 | 10376 | 3398 | 4258 | 3807 | 2110 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 107357 | 30815 | 12646 | 5172 | 7194 | 5906 | 3183 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (47597) | (837) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (7178) | 3071 | - | (1) | (1) | 1 | - |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (54775) | 2234 | - | (1) | (1) | 1 | - |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 52582 | 33049 | 12646 | 5171 | 7193 | 5907 | 3183 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 1461766 | 100865 | 33530 | 54827 | 72154 | 53818 | 26007 |
| &nbsp;&nbsp;&nbsp;End of period | $1514348 | $133914 | $46176 | $59998 | $79347 | $59725 | $29190 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower Mid Cap Value Fund, Investor <br> Class | Empower Moderate Profile Fund, Investor<br> Class | Empower Moderately Aggressive Profile Fund, Investor<br> Class | Empower Moderately Conservative Profile Fund, Investor <br> Class | Empower Multi-Sector Bond Fund, Investor<br> Class | Empower Real Estate Index Fund, Investor <br> Class | Empower SecureFoundation Balanced Fund, Investor <br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $1425 | $50822 | $1592 | $12436 | $33456 | $1814 | $315163 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 1447 | 153589 | 4315 | 34249 | 369 | (137) | 222978 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (158) | 91398 | 7529 | 25496 | 58872 | 3319 | 1210190 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 2714 | 295809 | 13436 | 72181 | 92697 | 4996 | 1748331 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (675) | (129577) | (2940) | (51432) | (150831) |  | (840566) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (5850) | 237232 | (111) | (265662) | (73466) | 15941 | (352156) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (6525) | 107655 | (3051) | (317094) | (224297) | 15941 | (1192722) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (3811) | 403464 | 10385 | (244913) | (131600) | 20937 | 555609 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 43391 | 2567989 | 103318 | 1044781 | 1409363 | 165633 | 14966463 |
| &nbsp;&nbsp;&nbsp;End of period | $39580 | $2971453 | $113703 | $799868 | $1277763 | $186570 | $15522072 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower T. Rowe Price Mid Cap Growth Fund, Investor <br> Class | Federated Hermes Fund for U.S. Government<br> Securities II | Federated Hermes Managed Volatility Fund II, Primary <br> Shares | Franklin Small Cap Value VIP Fund, <br> Class 2 | Invesco V.I. Comstock Fund,<br> Series I | Invesco V.I. Core Equity Fund, <br> Series I | Invesco V.I. EQV International Equity Fund, <br> Series I |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(382) | $40620 | $927 | $1404 | $1129 | $(255) | $2527 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 3229 | (9726) | 628 | 27700 | 27930 | 11958 | 29426 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (1390) | 44663 | 1134 | 8981 | (4296) | 6315 | 39824 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 1457 | 75557 | 2689 | 38085 | 24763 | 18018 | 71777 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (8107) | (18766) | (6268) | (37631) | (68834) | (13952) | (56083) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 5484 | 46519 | 1705 | (132725) | (5) | 2844 | (131718) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (2623) | 27753 | (4563) | (170356) | (68839) | (11108) | (187801) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (1166) | 103310 | (1874) | (132271) | (44076) | 6910 | (116024) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 62663 | 1278151 | 53794 | 549147 | 194844 | 137028 | 501237 |
| &nbsp;&nbsp;&nbsp;End of period | $61497 | $1381461 | $51920 | $416876 | $150768 | $143938 | $385213 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Invesco V.I. Global Fund, <br> Series I | Invesco V.I. Growth and Income Fund,<br> Series I | Invesco V.I. High Yield Fund, <br> Series I | Invesco V.I. International Growth Fund,<br> Series I | Invesco V.I. Main Street Mid Cap Fund, <br> Series I | Invesco V.I. Main Street Small Cap Fund, <br> Series I | Invesco V.I. Small Cap Equity Fund,<br> Series I |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(6600) | $2054 | $4648 | $(127) | $(491) | $(308) | $(1134) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 142172 | 22265 | (825) | 3484 | 9180 | 30999 | 6866 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (31278) | 12724 | 565 | 5324 | (2109) | (6739) | 5053 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 104294 | 37043 | 4388 | 8681 | 6580 | 23952 | 10785 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  | 5040 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (65032) | (6432) | (43) | (2363) | (1796) |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (147719) | - | (3870) | (12064) | (103846) | 2031 | (4) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (212751) | (1392) | (3913) | (14427) | (105642) | 2031 | (4) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (108457) | 35651 | 475 | (5746) | (99062) | 25983 | 10781 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 796314 | 251085 | 72963 | 56854 | 123022 | 291484 | 148859 |
| &nbsp;&nbsp;&nbsp;End of period | $687857 | $286736 | $73438 | $51108 | $23960 | $317467 | $159640 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Invesco V.I. Technology Fund,<br> Series I | Janus Henderson VIT Balanced Portfolio, Institutional<br> Shares | Janus Henderson VIT Balanced Portfolio, Service<br> Shares | Janus Henderson VIT Flexible Bond Portfolio, Institutional<br> Shares | Janus Henderson VIT Flexible Bond Portfolio, Service<br> Shares | Janus Henderson VIT Global Research Portfolio, Institutional<br> Shares | Janus Henderson VIT Global Technology and Innovation Portfolio, Institutional<br> Shares |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(2272) | $3981 | $45942 | $77718 | $43591 | $(2232) | $(2434) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 32784 | 14716 | 180295 | (51942) | (17412) | 114760 | 66353 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 18865 | 24590 | 367142 | 88049 | 48677 | 92507 | (2608) |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 49377 | 43287 | 593379 | 113825 | 74856 | 205035 | 61311 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  | 420 |  | 60 |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (1837) | (7333) | (132265) | (262861) | (115089) | (8246) | (144543) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (1) | (355) | 24457 | (63942) | 27262 | (21878) | (25589) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (1838) | (7688) | (107388) | (326803) | (87767) | (30124) | (170132) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 47539 | 35599 | 485991 | (212978) | (12911) | 174911 | (108821) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 255559 | 311481 | 4255248 | 1841992 | 1209295 | 1036974 | 282851 |
| &nbsp;&nbsp;&nbsp;End of period | $303098 | $347080 | $4741239 | $1629014 | $1196384 | $1211885 | $174030 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Janus Henderson VIT Global Technology and Innovation Portfolio, Service<br> Shares | Janus Henderson VIT Overseas Portfolio, Institutional<br> Shares | Janus Henderson VIT Overseas Portfolio, Service<br> Shares | Janus Henderson VIT Research Portfolio, Institutional<br> Shares | Lazard Retirement Emerging Markets Equity Portfolio, Service <br> Shares | Lord Abbett Series Fund Short Duration Income Portfolio, <br> Class VC | LVIP American Century Balanced Fund, Standard<br> Class II |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(4731) | $228 | $1139 | $(3485) | $17793 | $2001 | $11446 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 112415 | 614 | 5969 | 47923 | 37188 | (95) | 5306 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 57036 | 8334 | 50723 | 33529 | 252940 | 719 | 67172 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 164720 | 9176 | 57831 | 77967 | 307921 | 2625 | 83924 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  | 120 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (248024) | (1324) | (2654) | (18660) | (66313) |  | (24196) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 1803 | 13 | (5110) | 105 | (78553) | 801 | 13617 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (246221) | (1311) | (7764) | (18555) | (144866) | 801 | (10459) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (81501) | 7865 | 50067 | 59412 | 163055 | 3426 | 73465 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 697877 | 33120 | 213413 | 460367 | 794411 | 53221 | 971537 |
| &nbsp;&nbsp;&nbsp;End of period | $616376 | $40985 | $263480 | $519779 | $957466 | $56647 | $1045002 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | LVIP American Century Disciplined Core Value Fund, Standard <br> Class II | LVIP American Century International Fund, Standard<br> Class II | LVIP American Century Mid Cap Value Fund, Service <br> Class | LVIP American Century Value Fund, Standard<br> Class II | LVIP Baron Growth Opportunities Fund, Service <br> Class | LVIP BlackRock Equity Dividend Fund, Standard<br> Class | LVIP JPMorgan Core Bond Fund, Standard <br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $9329 | $638 | $1914 | $32575 | $(6984) | $1457 | $341 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (14777) | (117) | 18498 | 451849 | 146376 | 12342 | (1) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 118930 | 17604 | (2117) | 32503 | (230673) | 1412 | 430 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 113482 | 18125 | 18295 | 516927 | (91281) | 15211 | 770 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  | 60 |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (86068) | (2492) | (1887) | (177381) | (12783) | (779) |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (1954) | (5036) | (11004) | (400280) | (99440) | 3779 | - |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (88022) | (7528) | (12891) | (577601) | (112223) | 3000 | - |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 25460 | 10597 | 5404 | (60674) | (203504) | 18211 | 770 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 895410 | 124254 | 240875 | 3520004 | 876535 | 118187 | 11853 |
| &nbsp;&nbsp;&nbsp;End of period | $920870 | $134851 | $246279 | $3459330 | $673031 | $136398 | $12623 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | LVIP JPMorgan Small Cap Core Fund, Standard<br> Class | LVIP Nomura SMID Cap Core Fund, Standard<br> Class | MFS VIT II International Growth Portfolio, Initial <br> Class | MFS VIT II International Intrinsic Value Portfolio, Service<br> Class | MFS VIT III Mid Cap Value Portfolio, Initial<br> Class | MFS VIT Utilities Series, Service<br> Class | Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio, <br> Class S |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(235) | $(931) | $205 | $6114 | $1500 | $2476 | $(9) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 4034 | 13039 | 2800 | 98001 | 34711 | 45229 | 93 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 82 | 23679 | 5917 | 227283 | (22440) | (4882) | 23 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 3881 | 35787 | 8922 | 331398 | 13771 | 42823 | 107 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (38869) | (1897) |  | (24753) | (51782) | (132342) |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (8701) | (2519) | (1505) | (107894) | 840 | (182914) | (1) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (47570) | (4416) | (1505) | (132647) | (50942) | (315256) | (1) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (43689) | 31371 | 7417 | 198751 | (37171) | (272433) | 106 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 52780 | 449361 | 44420 | 1106919 | 336693 | 445552 | 1021 |
| &nbsp;&nbsp;&nbsp;End of period | $9091 | $480732 | $51837 | $1305670 | $299522 | $173119 | $1127 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Nomura VIP Emerging Markets Series, Standard<br> Class | Nomura VIP International Core Equity Series, Service <br> Class | Nomura VIP International Core Equity Series, Standard <br> Class | Nomura VIP Small Cap Value Series, Standard <br> Class | NVIT Mid Cap Index Fund, <br> Class II | PIMCO VIT CommodityRealReturn Strategy Portfolio, Administrative <br> Class | PIMCO VIT Emerging Markets Bond Portfolio, Administrative<br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $1319 | $(240) | $110 | $1453 | $1720 | $2910 | $1620 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 4596 | 4868 | 1618 | 21308 | 18725 | (12582) | 101 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 100000 | 15533 | 4968 | 336 | 18451 | 34883 | 1837 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 105915 | 20161 | 6696 | 23097 | 38896 | 25211 | 3558 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  | 7860 |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (10154) |  |  | (12897) | (35266) | (1389) |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (5766) | - | - | (2847) | (149407) | (51292) | 457 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (15920) | - | - | (15744) | (176813) | (52681) | 457 |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 89995 | 20161 | 6696 | 7353 | (137917) | (27470) | 4015 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 139140 | 86231 | 28729 | 327733 | 1112625 | 160595 | 22706 |
| &nbsp;&nbsp;&nbsp;End of period | $229135 | $106392 | $35425 | $335086 | $974708 | $133125 | $26721 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | PIMCO VIT High Yield Portfolio, Administrative<br> Class | PIMCO VIT Low Duration Portfolio, Administrative<br> Class | PIMCO VIT Real Return Portfolio, Administrative<br> Class | PIMCO VIT Total Return Portfolio, Administrative<br> Class | Prudential Series Fund Natural Resources Portfolio, <br> Class II | Prudential Series Fund PGIM Jennison Blend Portfolio, <br> Class II | Putnam VT Core Equity Fund, <br> Class IA |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $96384 | $76746 | $9383 | $113670 | $(69) | $(1269) | $7 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (14112) | (41336) | (168) | (79582) | 3771 | 2417 | 26516 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 53393 | 76115 | 14275 | 226646 | (6011) | 27113 | 11206 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 135665 | 111525 | 23490 | 260734 | (2309) | 28261 | 37729 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments | 120 |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (45687) | (101463) | (851) | (82957) |  | (2075) | (20557) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (102015) | 119475 | 11048 | (199215) | (26429) | 25676 | 372 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (147582) | 18012 | 10197 | (282172) | (26429) | 23601 | (20185) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (11917) | 129537 | 33687 | (21438) | (28738) | 51862 | 17544 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 1705738 | 2212042 | 324531 | 3429898 | 28738 | 119876 | 241910 |
| &nbsp;&nbsp;&nbsp;End of period | $1693821 | $2341579 | $358218 | $3408460 | $- | $171738 | $259454 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Putnam VT Global Asset Allocation Fund, <br> Class IA | Putnam VT Global Health Care Fund,<br> Class IB | Putnam VT Income Fund,<br> Class IA | Putnam VT International Equity Fund, <br> Class IA | Putnam VT International Value Fund, <br> Class IA | Putnam VT Large Cap Value Fund,<br> Class IB | Putnam VT Mortgage Securities Fund,<br> Class IB |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $2429 | $(2821) | $13139 | $(90) | $521 | $8289 | $27362 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 16108 | 48552 | (25509) | 1151 | 3659 | 189213 | (40973) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (418) | 10810 | 34297 | 4882 | 14118 | (19609) | 44808 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 18119 | 56541 | 21927 | 5943 | 18298 | 177893 | 31197 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  | (490954) | (2218) |  |  | (337493) | (7767) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (1) | (9183) | (70120) | - | (9704) | (75306) | (76153) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (1) | (500137) | (72338) | - | (9704) | (412799) | (83920) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 18118 | (443596) | (50411) | 5943 | 8594 | (234906) | (52723) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 129916 | 640038 | 367259 | 16040 | 56986 | 1037533 | 419825 |
| &nbsp;&nbsp;&nbsp;End of period | $148034 | $196442 | $316848 | $21983 | $65580 | $802627 | $367102 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Royce Capital Fund Small-Cap Portfolio, Service<br> Class | Schwab Government Money Market<br> Portfolio | Schwab S&P 500 Index <br> Portfolio | Schwab VIT Balanced <br> Portfolio | Schwab VIT Balanced with Growth <br> Portfolio | Schwab VIT Growth <br> Portfolio | T. Rowe Price Health Sciences<br> Portfolio |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $760 | $268464 | $106394 | $304 | $3935 | $204 | $(1590) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 5046 | 53 | 3112784 | 343 | 18453 | 4441 | 3211 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (385) | - | 1088325 | 1377 | 57683 | 2403 | 26849 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 5421 | 268517 | 4307503 | 2024 | 80071 | 7048 | 28470 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  | 3120 | 10380 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (2427) | (7067928) | (1752171) |  |  | (44) | (804) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (652) | 7266018 | (2240349) | (1) | (1) | (5075) | (16664) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (3079) | 201210 | (3982140) | (1) | (1) | (5119) | (17468) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 2342 | 469727 | 325363 | 2023 | 80070 | 1929 | 11002 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 75822 | 7546303 | 27146016 | 16763 | 582236 | 47416 | 188559 |
| &nbsp;&nbsp;&nbsp;End of period | $78164 | $8016030 | $27471379 | $18786 | $662306 | $49345 | $199561 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | T. Rowe Price Health Sciences Portfolio, <br> Class II | Templeton Foreign VIP Fund,<br> Class 2 | Templeton Global Bond VIP Fund,<br> Class 2 | Third Avenue Value <br> Portfolio | Touchstone Bond Fund, <br> Class I | Touchstone Common Stock Fund, <br> Class I | Touchstone Common Stock Fund, <br> Class SC |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(1921) | $8561 | $(382) | $996 | $35308 | $(362) | $(1698) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 16968 | 33733 | (3516) | 5041 | (8975) | 20817 | 116229 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 23295 | 41580 | 14030 | 13427 | 45850 | 1 | (60057) |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 38342 | 83874 | 10132 | 19464 | 72183 | 20456 | 54474 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (143537) |  | (1354) |  | (48389) | (4701) | (2707) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 1931 | 391153 | (7160) | (31) | 86331 | (7) | (174449) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (141606) | 391153 | (8514) | (31) | 37942 | (4708) | (177156) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (103264) | 475027 | 1618 | 19433 | 110125 | 15748 | (122682) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 321709 | 101611 | 70664 | 57533 | 991401 | 123928 | 416769 |
| &nbsp;&nbsp;&nbsp;End of period | $218445 | $576638 | $72282 | $76966 | $1101526 | $139676 | $294087 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Touchstone Small Company Fund,<br> Class I | VanEck VIP Emerging Markets Bond Fund, Initial<br> Class | VanEck VIP Global Resources Fund, <br> Class S | Vanguard VIF Capital Growth<br> Portfolio | Vanguard VIF Diversified Value<br> Portfolio | Vanguard VIF Mid-Cap Index<br> Portfolio | Vanguard VIF Real Estate Index<br> Portfolio |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(126) | $3213 | $418 | $1784 | $1670 | $3408 | $4628 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 4460 | (1058) | 13411 | 62505 | 25586 | 69824 | 4034 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (2239) | 10058 | 1308 | 145116 | 18247 | (2194) | (3050) |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 2095 | 12213 | 15137 | 209405 | 45503 | 71038 | 5612 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (5711) | (21631) | (2995) | (4645) | (1122) | (169666) | (926) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (41) | 14816 | (38159) | (77830) | (1365) | 8125 | (2208) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (5752) | (6815) | (41154) | (82475) | (2487) | (161541) | (3134) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (3657) | 5398 | (26017) | 126930 | 43016 | (90503) | 2478 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 27592 | 148694 | 63931 | 778513 | 290110 | 678428 | 235000 |
| &nbsp;&nbsp;&nbsp;End of period | $23935 | $154092 | $37914 | $905443 | $333126 | $587925 | $237478 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT** 

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Vanguard VIF Small Company Growth <br> Portfolio | Victory Pioneer Fund VCT Portfolio, <br> Class I | Victory Pioneer Mid Cap Value VCT Portfolio,<br> Class II | Victory Pioneer Select Mid Cap Growth VCT Portfolio, <br> Class I |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |
| OPERATIONS: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(812) | $(5330) | $1478 | $(1668) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 8501 | 245761 | 19450 | 4809 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 9740 | 114608 | (5466) | 25316 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 17429 | 355039 | 15462 | 28457 |
| CONTRACT TRANSACTIONS: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  | 60 |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (120385) | (22064) |  | (45872) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | - | (32485) | (142263) | 175 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (120385) | (54489) | (142263) | (45697) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (102956) | 300550 | (126801) | (17240) |
| NET ASSETS: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 392333 | 1646596 | 126801 | 247848 |
| &nbsp;&nbsp;&nbsp;End of period | $289377 | $1947146 | $- | $230608 |

---

Note: Totals may not appear to foot/crossfoot due to rounding.

Note 2: See note 1, Organization, for periods presented, if applicable.

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | AB VPS Discovery Value Portfolio,<br>Class A | AB VPS International Value Portfolio,<br>Class A | AB VPS Large Cap Growth Portfolio,<br>Class A | AB VPS Relative Value Portfolio,<br>Class A | AB VPS Sustainable International Thematic Portfolio,<br>Class A | Alger Capital Appreciation Portfolio,<br>Class I-2 | Alger Large Cap Growth Portfolio,<br>Class I-2 |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $(220) | $538 | $(5038) | $2952 | $(234) | $(2443) | $(22729) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 5826 | 2539 | 36916 | 14917 | (44845) | (4011) | (24483) |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 4306 | (834) | 123603 | 20656 | 42269 | 136946 | 930295 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 9912 | 2243 | 155481 | 38525 | (2810) | 130492 | 883083 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (14848) | (19479) | 41313 | 35785 | (184256) | 35673 | (186957) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (14848) | (19479) | 41313 | 35785 | (184256) | 35673 | (186957) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (4936) | (17236) | 196794 | 74310 | (187066) | 166165 | 696126 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 120208 | 48745 | 622808 | 302833 | 187066 | 266455 | 2201215 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $115272 | $31509 | $819602 | $377143 | $- | $432620 | $2897341 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Alger Mid Cap Growth Portfolio,<br>Class I-2 | Allspring VT Discovery All Cap Growth Fund,<br>Class 2 | Allspring VT Discovery SMID Cap Growth Fund,<br>Class 2 | Allspring VT Opportunity Fund,<br>Class 2 | American Funds IS Global Growth Fund,<br>Class 1 | American Funds IS Global Small Capitalization Fund,<br>Class 2 | American Funds IS Growth-Income Fund,<br>Class 4 |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $(1848) | $(795) | $(618) | $(1399) | $1574 | $295 | $204 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (11711) | 8445 | 1874 | 18080 | 27620 | 1594 | 25527 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 62027 | 13067 | 7988 | 6005 | 1819 | (1205) | 6902 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 48468 | 20717 | 9244 | 22686 | 31013 | 684 | 32633 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (70326) | (60461) | (12364) | (7019) | (143534) | 42972 | (99112) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (70326) | (60461) | (12364) | (7019) | (143534) | 42972 | (99112) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (21858) | (39744) | (3120) | 15667 | (112521) | 43656 | (66479) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 273812 | 103901 | 59594 | 167210 | 220821 | - | 181602 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $251954 | $64157 | $56474 | $182877 | $108300 | $43656 | $115123 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | American Funds IS International Fund,<br>Class 2 | American Funds IS New World Fund,<br>Class 2 | American Funds IS The Bond Fund of America,<br>Class 2 | BlackRock Global Allocation V.I. Fund,<br>Class I | BNY Mellon IP MidCap Stock Portfolio, Initial Shares | BNY Mellon VIF Appreciation Portfolio, Initial Shares | BNY Mellon VIF Growth and Income Portfolio, Initial Shares |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $(2) | $990 | $3320 | $1896 | $1538 | $(3495) | $(692) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (6) | 3371 | (1306) | 17583 | 8602 | 53802 | 18282 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 141 | 6035 | (1096) | 2475 | 52501 | 37859 | 52566 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 133 | 10396 | 918 | 21954 | 62641 | 88166 | 70156 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (2412) | (17374) | 30799 | (7130) | (19064) | (41123) | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (2412) | (17374) | 30799 | (7130) | (19064) | (41123) | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (2279) | (6978) | 31717 | 14824 | 43577 | 47043 | 70155 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 2279 | 183117 | 59609 | 259509 | 528926 | 772136 | 321350 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $- | $176139 | $91326 | $274333 | $572503 | $819179 | $391505 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | ClearBridge Variable Large Cap Growth Portfolio,<br>Class I | ClearBridge Variable Mid Cap Portfolio,<br>Class I | ClearBridge Variable Small Cap Growth Portfolio,<br>Class I | Columbia VP Emerging Markets Fund,<br>Class 2 | Columbia VP Large Cap Growth Fund,<br>Class 2 | Columbia VP Seligman Global Technology Fund,<br>Class 2 | Columbia VP Small Cap Value Fund,<br>Class 2 |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $(1968) | $(74) | $(480) | $41 | $(13362) | $(13104) | $(339) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 15708 | 1933 | 2563 | (393) | 142662 | 283391 | 2814 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 50140 | 5251 | 811 | 946 | 382855 | 100942 | 5040 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 63880 | 7110 | 2894 | 594 | 512155 | 371229 | 7515 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (14381) | 2131 | 2878 | 717 | (87685) | (652290) | (15742) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (14381) | 2131 | 2878 | 717 | (87685) | (652290) | (15742) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 49499 | 9241 | 5772 | 1311 | 424470 | (281061) | (8227) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 241178 | 74693 | 71677 | 11735 | 1628984 | 1729696 | 106686 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $290677 | $83934 | $77449 | $13046 | $2053454 | $1448635 | $98459 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Delaware VIP International Series, Standard<br>Class | Dimensional VA US Targeted Value Portfolio, Institutional | DWS Capital Growth VIP,<br>Class A | DWS Core Equity VIP,<br>Class A | DWS CROCI U.S. VIP,<br>Class A | DWS Global Small Cap VIP,<br>Class A | DWS Small Cap Index VIP,<br>Class A |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $876 | $910 | $(8704) | $(69) | $220 | $616 | $4066 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (7708) | 20285 | 124080 | 51229 | 7976 | 4430 | (25190) |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 9330 | (8246) | 209064 | 11389 | 2253 | (1016) | 120864 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 2498 | 12949 | 324440 | 62549 | 10449 | 4030 | 99740 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  | 50 |  |  |  | 300 |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (87566) | (35784) | 52139 | (224973) | (5629) | (16631) | (259707) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (87566) | (35784) | 52189 | (224973) | (5629) | (16631) | (259407) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (85068) | (22835) | 376629 | (162424) | 4820 | (12601) | (159667) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 85068 | 197547 | 1197715 | 439121 | 47410 | 79603 | 1113779 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $- | $174712 | $1574344 | $276697 | $52230 | $67002 | $954112 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | DWS Small Mid Cap Growth VIP,<br>Class A | DWS Small Mid Cap Value VIP,<br>Class A | Empower Bond Index Fund, Investor<br>Class | Empower Conservative Profile Fund, Investor Class | Empower International Index Fund, Investor Class | Empower International Value Fund, Investor Class | Empower Lifetime 2015 Fund, Investor Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $(15) | $576 | $13131 | $35563 | $1111 | $- | $1080 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 17 | 5868 | (10003) | 14876 | 188 |  | 1068 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 98 | (860) | (118) | 12649 | 690 | - | 824 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 100 | 5584 | 3010 | 63088 | 1989 | - | 2972 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 1 | (32031) | 69247 | (49968) | 9876 | 33530 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | 1 | (32031) | 69247 | (49968) | 9876 | 33530 | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 101 | (26447) | 72257 | 13120 | 11865 | 33530 | 2973 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 2266 | 121346 | 644848 | 1448646 | 89000 | - | 51854 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $2367 | $94899 | $717105 | $1461766 | $100865 | $33530 | $54827 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower Lifetime 2020 Fund, Investor Class | Empower Lifetime 2025 Fund, Investor Class | Empower Lifetime 2030 Fund, Investor Class | Empower Mid Cap Value Fund, Investor Class | Empower Moderate Profile Fund, Investor Class | Empower Moderately Aggressive Profile Fund, Investor Class | Empower Moderately Conservative Profile Fund, Investor Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $1582 | $944 | $552 | $2894 | $63427 | $2383 | $23445 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 777 | 1277 | 688 | 1230 | 101308 | 2899 | 22838 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 1886 | 1126 | 543 | 1860 | 31653 | 4062 | 13933 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 4245 | 3347 | 1783 | 5984 | 196388 | 9344 | 60216 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 1 | - | - | (4959) | (664578) | (11525) | (47156) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | 1 | - | - | (4959) | (664578) | (11525) | (47156) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 4246 | 3347 | 1783 | 1025 | (468190) | (2181) | 13060 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 67908 | 50471 | 24224 | 42366 | 3036179 | 105499 | 1031721 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $72154 | $53818 | $26007 | $43391 | $2567989 | $103318 | $1044781 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower Multi-Sector Bond Fund, Investor Class | Empower Real Estate Index Fund, Investor Class | Empower SecureFoundation Balanced Fund, Investor Class | Empower T. Rowe Price Mid Cap Growth Fund, Investor Class | Federated Hermes Fund for U.S. Government Securities II | Federated Hermes Managed Volatility Fund II, Primary Shares | Franklin Small Cap Value VIP Fund,<br>Class 2 |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $38423 | $3161 | $221325 | $(453) | $37904 | $1374 | $805 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (789) | 5758 | 809425 | 7544 | (149196) | (5261) | (4059) |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 18433 | 1621 | 56542 | (533) | 98493 | 11666 | 62561 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 56067 | 10540 | 1087292 | 6558 | (12799) | 7779 | 59307 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 104704 | 11985 | (2229895) | (27311) | (776840) | (39255) | (127213) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | 104704 | 11985 | (2229895) | (27311) | (776840) | (39255) | (127213) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 160771 | 22525 | (1142603) | (20753) | (789639) | (31476) | (67906) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 1248592 | 143108 | 16109066 | 83416 | 2067790 | 85270 | 617053 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $1409363 | $165633 | $14966463 | $62663 | $1278151 | $53794 | $549147 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Invesco V.I. Comstock Fund, Series I | Invesco V.I. Core Equity Fund, Series I | Invesco V.I. EQV International Equity Fund, Series I | Invesco V.I. Global Fund, Series I | Invesco V.I. Growth and Income Fund, Series I | Invesco V.I. High Yield Fund, Series I | Invesco V.I. International Growth Fund, Series I |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $1517 | $(231) | $4396 | $(6637) | $1863 | $3671 | $93 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 33805 | 13369 | 442 | 42757 | 26601 | (1098) | (700) |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (1656) | 14973 | (6579) | 78515 | 25509 | 2403 | (381) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 33666 | 28111 | (1741) | 114635 | 53973 | 4976 | (988) |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  | 5040 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (126177) | (22057) | 14707 | (138974) | (201746) | (10549) | (70945) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (126177) | (22057) | 14707 | (138974) | (196706) | (10549) | (70945) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (92511) | 6054 | 12966 | (24339) | (142733) | (5573) | (71933) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 287355 | 130974 | 488271 | 820653 | 393818 | 78536 | 128787 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $194844 | $137028 | $501237 | $796314 | $251085 | $72963 | $56854 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Invesco V.I. Main Street Mid Cap Fund, Series I | Invesco V.I. Main Street Small Cap Fund, Series I | Invesco V.I. Small Cap Equity Fund, Series I | Invesco V.I. Technology Fund, Series I | Janus Henderson VIT Balanced Portfolio, Institutional Shares | Janus Henderson VIT Balanced Portfolio, Service Shares | Janus Henderson VIT Flexible Bond Portfolio, Institutional Shares |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $(398) | $(1704) | $(854) | $(1921) | $3968 | $43506 | $73608 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 2699 | 17377 | 6505 | 10415 | 18598 | 35935 | (32691) |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 14627 | 18510 | 16205 | 55217 | 23462 | 465618 | (19067) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 16928 | 34183 | 21856 | 63711 | 46028 | 545059 | 21850 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  | 400 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 828 | 9380 | 1 | (1357) | (61740) | (115535) | (15224) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | 828 | 9380 | 1 | (1357) | (61740) | (115135) | (15224) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 17756 | 43563 | 21857 | 62354 | (15712) | 429924 | 6626 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 105266 | 247921 | 127002 | 193205 | 327193 | 3825324 | 1835366 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $123022 | $291484 | $148859 | $255559 | $311481 | $4255248 | $1841992 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Janus Henderson VIT Flexible Bond Portfolio, Service Shares | Janus Henderson VIT Global Research Portfolio, Institutional Shares | Janus Henderson VIT Global Technology and Innovation Portfolio, Institutional Shares | Janus Henderson VIT Global Technology and Innovation Portfolio, Service Shares | Janus Henderson VIT Overseas Portfolio, Institutional Shares | Janus Henderson VIT Overseas Portfolio, Service Shares | Janus Henderson VIT Research Portfolio, Institutional Shares |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $40948 | $(264) | $(2479) | $(4466) | $158 | $171 | $(3727) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (32849) | 36251 | 12531 | 23148 | 2741 | 19355 | 72215 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 537 | 153357 | 61822 | 159182 | (585) | (9860) | 63751 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 8636 | 189344 | 71874 | 177864 | 2314 | 9666 | 132239 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments | 50 |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (150268) | 10227 | (39448) | (137590) | (10297) | (16216) | (126745) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (150218) | 10227 | (39448) | (137590) | (10297) | (16216) | (126745) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (141582) | 199571 | 32426 | 40274 | (7983) | (6550) | 5494 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 1350877 | 837403 | 250425 | 657603 | 41103 | 219963 | 454873 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $1209295 | $1036974 | $282851 | $697877 | $33120 | $213413 | $460367 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Lazard Retirement Emerging Markets Equity Portfolio, Service Shares | Lord Abbett Series Fund Short Duration Income Portfolio,<br>Class VC | LVIP American Century Balanced Fund, Standard<br>Class II | LVIP American Century Disciplined Core Value Fund, Standard<br>Class II | LVIP American Century International Fund, Standard<br>Class II | LVIP American Century Mid Cap Value Fund, Service Class | LVIP American Century Value Fund, Standard<br>Class II |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $19387 | $1944 | $12537 | $6862 | $1974 | $3864 | $77777 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 6111 | (51) | 3429 | (16231) | 4306 | (1371) | 292481 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 26237 | 167 | 82676 | 115948 | 1375 | 17953 | (73398) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 51735 | 2060 | 98642 | 106579 | 7655 | 20446 | 296860 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  | 100 |  |  |  | 50 |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (55079) | 6849 | (31195) | (70330) | (80684) | (119567) | (355469) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (55079) | 6849 | (31095) | (70330) | (80684) | (119567) | (355419) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (3344) | 8909 | 67547 | 36249 | (73029) | (99121) | (58559) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 797755 | 44312 | 903990 | 859161 | 197283 | 339996 | 3578563 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $794411 | $53221 | $971537 | $895410 | $124254 | $240875 | $3520004 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | LVIP Baron Growth Opportunities Fund, Service Class | LVIP BlackRock Equity Dividend Fund, Standard Class | LVIP JPMorgan Core Bond Fund, Standard Class | LVIP JPMorgan Small Cap Core Fund, Standard Class | LVIP Nomura SMID Cap Core Fund, Standard Class | MFS VIT II International Growth Portfolio, Initial Class | MFS VIT II International Intrinsic Value Portfolio, Service Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $(5631) | $1399 | $494 | $33 | $(389) | $262 | $4266 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 62165 | (2552) |  | 831 | 35389 | 145 | 83144 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (18565) | 14924 | (641) | 4339 | 19908 | 1041 | (12770) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 37969 | 13771 | (147) | 5203 | 54908 | 1448 | 74640 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (110889) | (103727) | 12000 | (371) | 134041 | 42972 | (89581) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (110889) | (103727) | 12000 | (371) | 134041 | 42972 | (89581) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (72920) | (89956) | 11853 | 4832 | 188949 | 44420 | (14941) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 949455 | 208143 | - | 47948 | 260412 | - | 1121860 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $876535 | $118187 | $11853 | $52780 | $449361 | $44420 | $1106919 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | MFS VIT III Mid Cap Value Portfolio, Initial Class | MFS VIT Utilities Series, Service Class | Morgan Stanley VIF U.S. Real Estate Portfolio,<br>Class I | Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio,<br>Class S | Nomura VIP Emerging Markets Series, Standard Class | Nomura VIP International Core Equity Series, Service Class | Nomura VIP International Core Equity Series, Standard Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $2617 | $5902 | $7037 | $(5) | $4973 | $869 | $434 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 23332 | 12339 | (16564) | 27 | 2355 | 6449 | 1297 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 15206 | 23008 | 62852 | 52 | 9133 | (1634) | (222) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 41155 | 41249 | 53325 | 74 | 16461 | 5684 | 1509 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (711) | (29046) | (434068) | - | (112154) | (35040) | 27220 |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (711) | (29046) | (434068) | - | (112154) | (35040) | 27220 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 40444 | 12203 | (380743) | 74 | (95693) | (29356) | 28729 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 296249 | 433349 | 380743 | 947 | 234833 | 115587 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $336693 | $445552 | $- | $1021 | $139140 | $86231 | $28729 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Nomura VIP Small Cap Value Series, Standard Class | NVIT Mid Cap Index Fund,<br> Class II | PIMCO VIT CommodityRealReturn Strategy Portfolio, Administrative Class | PIMCO VIT Emerging Markets Bond Portfolio, Administrative Class | PIMCO VIT High Yield Portfolio, Administrative Class | PIMCO VIT Low Duration Portfolio, Administrative Class | PIMCO VIT Real Return Portfolio, Administrative Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $1895 | $681 | $2536 | $1304 | $88537 | $75917 | $6775 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 30997 | 41409 | (2780) | (30) | (11888) | (24091) | (4299) |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 8908 | 78171 | 6103 | 214 | 25522 | 33608 | 3116 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 41800 | 120261 | 5859 | 1488 | 102171 | 85434 | 5592 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  | 7860 |  |  | 100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (135059) | 74873 | 2454 | 91 | (99136) | (236199) | (67879) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (135059) | 82733 | 2454 | 91 | (99036) | (236199) | (67879) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (93259) | 202994 | 8313 | 1579 | 3135 | (150765) | (62287) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 420992 | 909631 | 152282 | 21127 | 1702603 | 2362807 | 386818 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $327733 | $1112625 | $160595 | $22706 | $1705738 | $2212042 | $324531 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | PIMCO VIT Total Return Portfolio, Administrative Class | Prudential Series Fund Natural Resources Portfolio,<br> Class II | Prudential Series Fund PGIM Jennison Blend Portfolio,<br>Class II | Putnam VT Core Equity Fund,<br>Class IA | Putnam VT Global Asset Allocation Fund,<br> Class IA | Putnam VT Global Health Care Fund,<br> Class IB | Putnam VT Income Fund,<br> Class IA |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $114912 | $(253) | $(957) | $373 | $2011 | $(2146) | $19883 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (110973) | 58 | 1941 | 15624 | 6564 | 41851 | (25296) |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 51949 | 1051 | 22763 | 36743 | 10940 | (37140) | 13093 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 55888 | 856 | 23747 | 52740 | 19515 | 2565 | 7680 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (321314) | (1) | (627) | (12370) | (82260) | 13471 | (19786) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (321314) | (1) | (627) | (12370) | (82260) | 13471 | (19786) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (265426) | 855 | 23120 | 40370 | (62745) | 16036 | (12106) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 3695324 | 27883 | 96756 | 201540 | 192661 | 624002 | 379365 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $3429898 | $28738 | $119876 | $241910 | $129916 | $640038 | $367259 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Putnam VT International Equity Fund,<br>Class IA | Putnam VT International Value Fund,<br>Class IA | Putnam VT Large Cap Value Fund,<br>Class IB | Putnam VT Mortgage Securities Fund,<br>Class IB | Royce Capital Fund Small-Cap Portfolio, Service Class | Schwab Government Money Market Portfolio | Schwab S&P 500 Index Portfolio |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $1007 | $1119 | $4021 | $24455 | $46 | $276752 | $192775 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 4144 | 574 | 82040 | (18391) | 14461 | 57 | 1844464 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (1066) | 936 | 89239 | 11100 | (13516) | (9) | 3605502 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 4085 | 2629 | 175300 | 17164 | 991 | 276800 | 5642741 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  | 3020 | 10380 |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  | (1157216) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (39705) | 1843 | (123007) | 42447 | (17574) | 1551017 | (2803218) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (39705) | 1843 | (123007) | 42447 | (17574) | 396821 | (2792838) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (35620) | 4472 | 52293 | 59611 | (16583) | 673621 | 2849903 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 51660 | 52514 | 985240 | 360214 | 92405 | 6872682 | 24296113 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $16040 | $56986 | $1037533 | $419825 | $75822 | $7546303 | $27146016 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Schwab VIT Balanced Portfolio | Schwab VIT Balanced with Growth Portfolio | Schwab VIT Growth Portfolio | T. Rowe Price Health Sciences Portfolio | T. Rowe Price Health Sciences Portfolio,<br>Class II | Templeton Foreign VIP Fund,<br>Class 2 | Templeton Global Bond VIP Fund,<br>Class 2 |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $919 | $2739 | $241 | $(1949) | $(2237) | $1852 | $(928) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 2028 | 3226 | 363 | 36097 | 30635 | 63 | (45755) |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 1509 | 38332 | 3809 | (24715) | (25979) | (3612) | 28265 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 4456 | 44297 | 4413 | 9433 | 2419 | (1697) | (18418) |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (39367) | (467) | (510) | (84060) | (1) | - | (129265) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (39367) | (467) | (510) | (84060) | (1) | - | (129265) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (34911) | 43830 | 3903 | (74627) | 2418 | (1697) | (147683) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 51674 | 538406 | 43513 | 263186 | 319291 | 103308 | 218347 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $16763 | $582236 | $47416 | $188559 | $321709 | $101611 | $70664 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Third Avenue Value Portfolio | Touchstone Bond Fund,<br>Class I | Touchstone Common Stock Fund,<br>Class I | Touchstone Common Stock Fund,<br>Class SC | Touchstone Small Company Fund,<br>Class I | VanEck VIP Emerging Markets Bond Fund, Initial Class | VanEck VIP Global Resources Fund,<br>Class S |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $1100 | $47217 | $(818) | $(1089) | $(379) | $5194 | $1995 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 5006 | (2531) | 36773 | 34950 | 9496 | (7748) | 17879 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (7895) | (37940) | 8942 | 37968 | 2912 | 4050 | (20934) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | (1789) | 6746 | 44897 | 71829 | 12029 | 1496 | (1060) |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | - | 269684 | (146414) | (12210) | (82351) | (90822) | (53620) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | - | 269684 | (146414) | (12210) | (82351) | (90822) | (53620) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (1789) | 276430 | (101517) | 59619 | (70322) | (89326) | (54680) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 59322 | 714971 | 225445 | 357150 | 97914 | 238020 | 118611 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $57533 | $991401 | $123928 | $416769 | $27592 | $148694 | $63931 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Vanguard VIF Capital Growth Portfolio | Vanguard VIF Diversified Value Portfolio | Vanguard VIF Mid-Cap Index Portfolio | Vanguard VIF Real Estate Index Portfolio | Vanguard VIF Small Company Growth Portfolio | Victory Pioneer Fund VCT Portfolio,<br>Class I | Victory Pioneer Mid Cap Value VCT Portfolio,<br>Class II |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $2464 | $1680 | $4053 | $6277 | $(636) | $244 | $1131 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 24311 | 19584 | 9784 | 2960 | (1685) | 114423 | (4970) |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 62169 | 14837 | 69160 | 523 | 40255 | 133370 | 15067 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 88944 | 36101 | 82997 | 9760 | 37934 | 248037 | 11228 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  | 50 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (28127) | (15252) | 37191 | (43219) | (8866) | 535542 | (34619) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (28127) | (15252) | 37191 | (43219) | (8866) | 535592 | (34619) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 60817 | 20849 | 120188 | (33459) | 29068 | 783629 | (23391) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 717696 | 269261 | 558240 | 268459 | 363265 | 862967 | 150192 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $778513 | $290110 | $678428 | $235000 | $392333 | $1646596 | $126801 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Continued) |

---

See accompanying notes to financial statements.

**VARIABLE ANNUITY-1 SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | |
|:---|:---|
|  | SUBACCOUNTS |
|  | Victory Pioneer<br> Select Mid Cap<br> Growth VCT<br> Portfolio,<br> Class I |
| INCREASE (DECREASE) IN NET ASSETS: |  |
| OPERATIONS: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $(1842) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (3295) |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 52313 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 47176 |
| CONTRACT TRANSACTIONS: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 28886 |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | 28886 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 76062 |
| NET ASSETS: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 171786 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $247848 |

---

---

| |
|:---|
| Note: Totals may not appear to foot/crossfoot due to rounding. |
| Note 2: See note 1, Organization, for periods presented, if applicable. |
| (Concluded) |

---

See accompanying notes to financial statements.

VARIABLE ANNUITY-1 SERIES ACCOUNT

NOTES TO FINANCIAL STATEMENTS<br> YEAR ENDED DECEMBER 31, 2025

1. ORGANIZATION

Effective August 1, 2022, Great West Life & Annuity Insurance Company of New York is now known as Empower Life & Annuity Insurance Company of New York (the Company). The Variable Annuity-1 Series Account (the Separate Account), a Separate Account of the Company, is registered as a unit investment trust under the Investment Company Act of 1940, as amended, and exists in accordance with regulations of the New York State Department of Financial Services.

Under applicable insurance law, the assets and liabilities of the Separate Account are clearly identified and distinguished from the Company's other assets and liabilities. The portion of the Separate Account's assets applicable to the variable annuity contracts (the "Contracts") is not chargeable with liabilities arising out of any other business the Company may conduct.

The Separate Account is a funding vehicle for individual variable annuity Contracts; it consists of a number of subaccounts (the "Subaccounts"), also commonly referred to as investment divisions or funds, each of which is treated as an individual accounting entity for financial reporting purposes. The Separate Account's value at any time is allocated among Contract owners based on the number and value of their accumulation units representing their interest in the Subaccounts of the Separate Account; all of the investible assets of the Separate Account are invested in the corresponding mutual funds.

The Separate Account has identified the Chief Product Officer – Retirement Division as the chief operating decision maker ("CODM"). The Separate Account is comprised of multiple Subaccounts, each of which constitutes an operating segment. The CODM uses significant performance measures of the Subaccounts, such as the total return ratio, investment income ratio, and expense ratio to make operational decisions for the Separate Account. Segment assets are reflected on the Statements of Assets and Liabilities as Total assets, and significant segment expenses are listed on the Statements of Operations.

Contract owners' net payments are allocated to the Subaccounts in accordance with Contract owner instructions and are recorded as Contract owners' net payments in the Statements of Changes in Net Assets. Such amounts are used to provide account funds to pay Contract values under the Contracts

The following is a list of the variable annuity products funded by the Separate Account:

Schwab Advisor NY

Schwab Choice NY

Schwab OneSource NY

Schwab Select NY

For the years or periods ended December 31, 2025 and 2024, the Separate Account offered up to 160 available Subaccount investment options, as follows:

AB VPS Discovery Value Portfolio, Class A

AB VPS International Value Portfolio, Class A

AB VPS Large Cap Growth Portfolio, Class A

AB VPS Relative Value Portfolio, Class A

AB VPS Sustainable International Thematic Portfolio, Class A <sup>(a)</sup>

Alger Capital Appreciation Portfolio, Class I-2

Alger Large Cap Growth Portfolio, Class I-2

Alger Mid Cap Growth Portfolio, Class I-2

Allspring VT Discovery All Cap Growth Fund, Class 2

Allspring VT Discovery SMID Cap Growth Fund, Class 2

Allspring VT Opportunity Fund, Class 2

ALPS Global Opportunity Portfolio, Class I \*

American Funds IS Capital World Bond Fund, Class 2 \*

American Funds IS Global Growth Fund, Class 1

American Funds IS Global Small Capitalization Fund, Class 2 <sup>(a)</sup>

American Funds IS Growth-Income Fund, Class 4

American Funds IS International Fund, Class 2

American Funds IS New World Fund, Class 2

American Funds IS The Bond Fund of America, Class 2

BlackRock 60/40 Target Allocation ETF V.I. Fund, Class III \*

BlackRock Global Allocation V.I. Fund, Class I

BNY Mellon IP MidCap Stock Portfolio, Initial Shares

BNY Mellon VIF Appreciation Portfolio, Initial Shares

BNY Mellon VIF Growth and Income Portfolio, Initial Shares

BNY Mellon VIF Small Cap Portfolio, Initial Shares \* <sup>(a)</sup>

ClearBridge Variable Large Cap Growth Portfolio, Class I

ClearBridge Variable Mid Cap Portfolio, Class I

ClearBridge Variable Small Cap Growth Portfolio, Class I

Columbia VP Emerging Markets Fund, Class 2

Columbia VP Large Cap Growth Fund, Class 2

Columbia VP Seligman Global Technology Fund, Class 2

Columbia VP Small Cap Value Fund, Class 2

Delaware VIP International Series, Standard Class <sup>(a)</sup>

Dimensional VA US Targeted Value Portfolio, Institutional

DWS Capital Growth VIP, Class A

DWS Core Equity VIP, Class A

DWS CROCI U.S. VIP, Class A

DWS Global Small Cap VIP, Class A

DWS Small Cap Index VIP, Class A

DWS Small Mid Cap Growth VIP, Class A

DWS Small Mid Cap Value VIP, Class A

Empower Aggressive Profile Fund, Investor Class \*

Empower Ariel Mid Cap Value Fund, Investor Class \* <sup>(a)</sup>

Empower Bond Index Fund, Investor Class

Empower Conservative Profile Fund, Investor Class

Empower International Index Fund, Investor Class

Empower International Value Fund, Investor Class <sup>(a)</sup>

Empower Lifetime 2015 Fund, Investor Class

Empower Lifetime 2020 Fund, Investor Class

Empower Lifetime 2025 Fund, Investor Class

Empower Lifetime 2030 Fund, Investor Class

Empower Lifetime 2035 Fund, Investor Class \*

Empower Lifetime 2040 Fund, Investor Class \*

Empower Lifetime 2045 Fund, Investor Class \*

Empower Lifetime 2050 Fund, Investor Class \*

Empower Lifetime 2055 Fund, Investor Class \*

Empower Lifetime 2060 Fund, Investor Class \*

Empower Mid Cap Value Fund, Investor Class <sup>(a)</sup>

Empower Moderate Profile Fund, Investor Class

Empower Moderately Aggressive Profile Fund, Investor Class

Empower Moderately Conservative Profile Fund, Investor Class

Empower Multi-Sector Bond Fund, Investor Class

Empower Real Estate Index Fund, Investor Class

Empower SecureFoundation Balanced Fund, Investor Class

Empower Small Cap Value Fund, Investor Class \*

Empower T. Rowe Price Mid Cap Growth Fund, Investor Class

Federated Hermes Fund for U.S. Government Securities II

Federated Hermes Managed Volatility Fund II, Primary Shares

Franklin Small Cap Value VIP Fund, Class 2

Goldman Sachs VIT Multi-Strategy Alternatives Portfolio, Service Shares \* <sup>(a)</sup>

Invesco V.I. Comstock Fund, Series I

Invesco V.I. Core Equity Fund, Series I

Invesco V.I. EQV International Equity Fund, Series I

Invesco V.I. Global Fund, Series I

Invesco V.I. Growth and Income Fund, Series I

Invesco V.I. High Yield Fund, Series I

Invesco V.I. International Growth Fund, Series I <sup>(a)</sup>

Invesco V.I. Main Street Mid Cap Fund, Series I

Invesco V.I. Main Street Small Cap Fund, Series I

Invesco V.I. Small Cap Equity Fund, Series I

Invesco V.I. Technology Fund, Series I

Janus Henderson VIT Balanced Portfolio, Institutional Shares

Janus Henderson VIT Balanced Portfolio, Service Shares

Janus Henderson VIT Flexible Bond Portfolio, Institutional Shares

Janus Henderson VIT Flexible Bond Portfolio, Service Shares

Janus Henderson VIT Global Research Portfolio, Institutional Shares

Janus Henderson VIT Global Technology and Innovation Portfolio, Institutional Shares

Janus Henderson VIT Global Technology and Innovation Portfolio, Service Shares

Janus Henderson VIT Overseas Portfolio, Institutional Shares

Janus Henderson VIT Overseas Portfolio, Service Shares

Janus Henderson VIT Research Portfolio, Institutional Shares

Lazard Retirement Emerging Markets Equity Portfolio, Service Shares

Lord Abbett Series Fund Short Duration Income Portfolio, Class VC

LVIP American Century Balanced Fund, Standard Class II <sup>(a)</sup>

LVIP American Century Disciplined Core Value Fund, Standard Class II <sup>(a)</sup>

LVIP American Century International Fund, Standard Class II <sup>(a)</sup>

LVIP American Century Mid Cap Value Fund, Service Class <sup>(a)</sup>

LVIP American Century Value Fund, Standard Class II <sup>(a)</sup>

LVIP Baron Growth Opportunities Fund, Service Class <sup>(a)</sup>

LVIP BlackRock Equity Dividend Fund, Standard Class <sup>(a)</sup>

LVIP JPMorgan Core Bond Fund, Standard Class <sup>(a)</sup>

LVIP JPMorgan Small Cap Core Fund, Standard Class <sup>(a)</sup>

LVIP Nomura SMID Cap Core Fund, Standard Class <sup>(a)</sup>

MFS VIT II Core Equity Portfolio, Service Class \*

MFS VIT II International Growth Portfolio, Initial Class <sup>(a)</sup>

MFS VIT II International Intrinsic Value Portfolio, Service Class

MFS VIT III Blended Research Small Cap Equity Portfolio, Initial Class \*

MFS VIT III Mid Cap Value Portfolio, Initial Class

MFS VIT Utilities Series, Service Class

Morgan Stanley VIF U.S. Real Estate Portfolio, Class I

Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio, Class S

Neuberger Berman AMT Quality Equity Portfolio, Class S \* <sup>(a)</sup>

Nomura VIP Emerging Markets Series, Standard Class <sup>(a)</sup>

Nomura VIP International Core Equity Series, Service Class <sup>(a)</sup>

Nomura VIP International Core Equity Series, Standard Class <sup>(a)</sup>

Nomura VIP Small Cap Value Series, Standard Class <sup>(a)</sup>

NVIT Mid Cap Index Fund, Class II

PIMCO VIT CommodityRealReturn Strategy Portfolio, Administrative Class

PIMCO VIT Emerging Markets Bond Portfolio, Administrative Class

PIMCO VIT High Yield Portfolio, Administrative Class

PIMCO VIT Low Duration Portfolio, Administrative Class

PIMCO VIT Real Return Portfolio, Administrative Class

PIMCO VIT Total Return Portfolio, Administrative Class

Prudential Series Fund Natural Resources Portfolio, Class II <sup>(a)</sup>

Prudential Series Fund PGIM Jennison Blend Portfolio, Class II <sup>(a)</sup>

Putnam VT Core Equity Fund, Class IA

Putnam VT Global Asset Allocation Fund, Class IA

Putnam VT Global Health Care Fund, Class IB

Putnam VT Income Fund, Class IA

Putnam VT International Equity Fund, Class IA

Putnam VT International Value Fund, Class IA

Putnam VT Large Cap Value Fund, Class IB

Putnam VT Mortgage Securities Fund, Class IB

Putnam VT Small Cap Value Fund, Class IA \*

Royce Capital Fund Small-Cap Portfolio, Service Class

Schwab Government Money Market Portfolio

Schwab S&P 500 Index Portfolio

Schwab VIT Balanced Portfolio

Schwab VIT Balanced with Growth Portfolio

Schwab VIT Growth Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;T. Rowe Price Health Sciences Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;T. Rowe Price Health Sciences Portfolio, Class II

Templeton Foreign VIP Fund, Class 2

Templeton Global Bond VIP Fund, Class 2

Third Avenue Value Portfolio

Touchstone Bond Fund, Class I

Touchstone Common Stock Fund, Class I

Touchstone Common Stock Fund, Class SC

Touchstone Small Company Fund, Class I

VanEck VIP Emerging Markets Bond Fund, Initial Class

VanEck VIP Global Resources Fund, Class S

Vanguard VIF Capital Growth Portfolio

Vanguard VIF Diversified Value Portfolio

Vanguard VIF Mid-Cap Index Portfolio

Vanguard VIF Real Estate Index Portfolio

Vanguard VIF Small Company Growth Portfolio

Victory Pioneer Bond VCT Portfolio, Class I \* <sup>(a)</sup>

Victory Pioneer Fund VCT Portfolio, Class I <sup>(a)</sup>

Victory Pioneer Mid Cap Value VCT Portfolio, Class II <sup>(a)</sup>

Victory Pioneer Select Mid Cap Growth VCT Portfolio, Class I <sup>(a)</sup>

\* Contract owners held no investments in this Subaccount during 2025 or 2024. As such, no financial statements or notes are presented for this Subaccount.

<sup>(a)</sup> See Subaccount Changes table below

<u>Subaccount Changes: Trading Commencements</u>

During 2024, the following Subaccounts commenced trading:

---

| | |
|:---|:---|
| <u>Subaccount Name</u> | <u>Date Trading Commenced</u> |
| American Funds IS Global Small Capitalization Fund, Class 2 | March 22, 2024 |
| Empower International Value Fund, Investor Class | December 31, 2024 |
| LVIP JPMorgan Core Bond Fund, Standard Class | November 25, 2024 |
| MFS VIT II International Growth Portfolio, Initial Class | March 22, 2024 |

---

<u>Subaccount Changes: Liquidations</u>

During 2025 and 2024, the following Subaccounts were liquidated:

---

| | |
|:---|:---|
| <u>Subaccount Name</u> | <u>Date of Liquidation</u> |
| AB VPS Sustainable International Thematic Portfolio, Class A | April 11, 2024 |
| Goldman Sachs VIT Multi-Strategy Alternatives Portfolio, Service Shares | April 10, 2025 |
| Morgan Stanley VIF U.S. Real Estate Portfolio, Class I | December 5, 2024 |

---

<u>Subaccount Changes: Name Changes</u>

During 2025 and 2024, the following Subaccounts changed their names:

---

| | | |
|:---|:---|:---|
| <u>Previous Name</u> | <u>New Name</u> | <u>Date of Change</u> |
| BNY Mellon VIF Opportunistic Small Cap Portfolio, Initial Shares | BNY Mellon VIF Small Cap Portfolio, Initial Shares | December 31, 2025 |
| Delaware Ivy VIP International Core Equity, Class II | Macquarie VIP International Core Equity Series, Service Class | May 1, 2024 |
| Delaware VIP Emerging Markets, Standard Class | Macquarie VIP Emerging Markets Series, Standard Class | May 1, 2024 |
| Delaware Ivy VIP International Core Equity Series, Standard Class | Macquarie VIP International Core Equity Series, Standard Class | May 1, 2024 |
| Delaware VIP Small Cap Value Series, Standard Class | Macquarie VIP Small Cap Value Series, Standard Class | May 1, 2024 |
| Invesco Oppenheimer V.I. International Growth I | Invesco V.I. International Growth Fund, Series I | August 22, 2025 |
| LVIP Delaware SMID Cap Core Fund, Standard Class | LVIP Macquarie SMID Cap Core Fund, Standard Class | May 1, 2024 |
| LVIP Delaware Value Fund, Standard Class | LVIP Macquarie Value Fund, Standard Class | May 1, 2024 |
| LVIP Macquarie Value Fund, Standard Class | LVIP BlackRock Equity Dividend Fund, Standard Class | May 1, 2025 |
| LVIP Macquarie SMID Cap Core Fund, Standard Class | LVIP Nomura SMID Cap Core Fund, Standard Class | December 1, 2025 |
| Neuberger Berman AMT Sustainable Equity Portfolio, Class S | Neuberger Berman AMT Quality Equity Portfolio, Class S | July 28, 2025 |
| Macquarie VIP Emerging Markets Series, Standard Class | Nomura VIP Emerging Markets Series, Standard Class | December 1, 2025 |
| Macquarie VIP International Core Equity Series, Service Class | Nomura VIP International Core Equity Series, Service Class | December 1, 2025 |
| Macquarie VIP International Core Equity Series, Standard Class | Nomura VIP International Core Equity Series, Standard Class | December 1, 2025 |
| Macquarie VIP Small Cap Value Series, Standard Class | Nomura VIP Small Cap Value Series, Standard Class | December 1, 2025 |
| Pioneer Bond VCT Portfolio, Class I | Victory Pioneer Bond VCT Portfolio, Class I | March 31, 2025 |
| Pioneer Fund VCT Portfolio, Class I | Victory Pioneer Fund VCT Portfolio, Class I | March 31, 2025 |
| Pioneer Mid Cap Value VCT Portfolio, Class II | Victory Pioneer Mid Cap Value VCT Portfolio, Class II | March 31, 2025 |
| Pioneer Select Mid Cap Growth VCT Portfolio, Class I | Victory Pioneer Select Mid Cap Growth VCT Portfolio, Class I | March 31, 2025 |

---

<u>Subaccount Changes: Mergers</u>

During 2024, the following Subaccount was merged:

---

| | | |
|:---|:---|:---|
| <u>Original Subaccount</u> | <u>Merged Into</u> | <u>Date of Merger</u> |
| Delaware VIP International Series, Standard Class | Delaware Ivy VIP International Core Equity Series, Standard Class | April 26, 2024 |
| Empower Ariel Mid Cap Value Fund, Investor Class | Empower Mid Cap Value Fund, Investor Class | October 25, 2024 |
| Prudential Series Fund Natural Resources Portfolio, Class II | Prudential Series Fund PGIM Jennison Blend Portfolio, Class II | April 11, 2025 |

---

<u>Subaccount Changes: Reorganizations</u>

During 2024, the following Subaccounts were reorganized:

---

| | | |
|:---|:---|:---|
| <u>Previous Name</u> | <u>New Name</u> | <u>Date of<br> Reorganization</u> |
| American Century Investments VP Balanced Fund, Class I | LVIP American Century Balanced Fund, Standard Class II | April 26, 2024 |
| American Century Investments VP Disciplined Core Value Fund, Class I | LVIP American Century Disciplined Core Value Fund, Standard Class II | April 26, 2024 |
| American Century Investments VP International Fund, Class I | LVIP American Century International Fund, Standard Class II | April 26, 2024 |
| American Century Investments VP Mid Cap Value Fund, Class II | LVIP American Century Mid Cap Value Fund, Service Class | April 26, 2024 |
| American Century Investments VP Value Fund, Class I | LVIP American Value Fund, Standard Class II | April 26, 2024 |

---

The financial statements are presented based on the periods noted in the above Subaccount Changes tables which may result in the exclusion from certain financial statements.

Each product within the Separate Account is unique; as such, all Subaccounts available for investment within the Separate Account may not be available for investment under each product.

The Separate Account is an investment company and, therefore, applies specialized accounting guidance in accordance with the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 "Financial Services — Investment Companies".

2. SIGNIFICANT
 ACCOUNTING POLICIES

The following is a summary of the significant accounting policies of the Separate Account.

<u>Investment valuation</u>

Investments are made and measured in shares and are presented net of management fees and other operating expenses incurred by the Subaccounts. The investments are valued at the net asset values of the mutual funds, which value their investment securities at fair value. Transactions with the mutual funds are recognized on the trade date.

The Separate Account classifies its valuations into three levels based upon the observability of inputs to the valuation of the Separate Account's investments. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. When considering market participant assumptions in fair value measurements, the following fair value hierarchy distinguishes between observable and unobservable inputs, which are categorized in one of the following levels:

Level 1 – Unadjusted quoted prices for identical securities in active markets.

Level 2 – Inputs other than quoted prices included in Level 1 that are observable either directly or indirectly. These may include quoted prices for similar assets in active markets.

Level 3 – Unobservable inputs to the extent observable inputs are not available and may include prices obtained from single broker quotes. Unobservable inputs reflect the reporting entity's own assumptions and would be based on the best information available under the circumstances.

The Separate Account determines the fair values of certain financial assets based on quoted market prices. All of the investments in the Subaccounts of the Separate Account are classified as Level 1 in the fair value hierarchy and consist of open-ended mutual funds. Participants may, without restriction, transact at the daily net asset value ("NAV") of the mutual funds. The NAV represents the daily per share value based on the fair value of the underlying portfolio of investments of the respective Subaccounts.

<u>Receivables and payables from (to) the Contracts and the fund manager</u>

Receivables and payables from (to) the Contracts and the fund manager include trading activity initiated at the Contract level from the last business day of the year that has not yet been settled with the fund manager.

<u>Receivable from dividends</u>

Receivable from dividends include dividends declared by the fund managers that have not yet been reinvested in accordance with the Subaccounts' designated reinvestment dates.

<u>Receivables and payables from (to) the Company</u>

Receivables and payables from (to) the Company include accruals for the variance between investments and reserves applicable to the Subaccount.

<u>Contracts in the annuity payout period</u>

Net assets allocated to Contracts in the annuity payout period are computed according to the Annuity 2000 Mortality Table with an assumed investment return of 5%. The mortality risk is fully borne by the Company and may result in additional amounts being transferred into the Separate Account by the Company to cover greater longevity of annuitants than expected. Conversely, if amounts allocated exceed amounts required, transfers may be made to the Company for the calculated or excess differential. Any adjustments to these amounts are reflected in net transfers (to) from the Company and/or Subacccounts on the Statements of Changes in Net Assets of the applicable Subaccounts.

<u>Dividend income and capital gain distributions</u>

Dividend income and capital gain distributions are recorded on the ex-dividend date and are reinvested in additional shares of the mutual funds. Ordinary dividend and capital gain distributions are recognized within net investment income and net realized gains, respectively, as recorded in the financial statements of the Subaccounts.

<u>Net realized gains and losses</u>

Net realized gains and losses on investments include gains and losses on redemptions of the Subaccounts' shares (determined for each product using the first-in-first-out (FIFO) basis) and capital gain distributions from the mutual funds.

<u>Net transfers (to) from the Company and/or Subaccounts</u>

Net transfers (to) from the Company and/or Subaccounts include transfers between the Subaccounts of the Separate Account as well as transfers between the Separate Account and the Company.

<u>Federal income taxes</u>

The results of the operations of the Separate Account are included in the federal income tax return of the Company. Under the provisions of the Contracts, the Company has the right to charge the Separate Account for federal income tax attributable to the Separate Account. No charge has been made against the Separate Account for such tax during the year ended December 31, 2025. Management will periodically review the application of this policy in the event of changes in tax law. Accordingly, a change may be made in future years to consider charges for any federal income taxes that would be attributable to the Contracts.

<u>Use of estimates</u>

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP) requires management to make estimates and assumptions that could affect the reported amounts of assets and liabilities, as well as the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from the estimates reported in the accompanying financial statements.

<u>Risks and uncertainties</u>

The Separate Account provides for various investment options in any combination of Subaccounts, each of which bears exposure to the market, credit, and liquidity risks of the underlying portfolio in which it invests. Due to the level of risk associated with certain investments and the level of uncertainty related to changes in the value of investments, it is at least reasonably possible that changes in risks in the near term could materially affect investment balances, the amounts reported in the statements of assets and liabilities, of operations and of changes in net assets. Accordingly, these financial statements should be read in conjunction with the financial statements and notes of the underlying Subaccounts identified in note 1, Organization.

3. PURCHASES
 AND SALES OF INVESTMENTS

The cost of purchases and proceeds from sales of investments for the year or period ended (as designated in note 1, Organization, if applicable) December 31, 2025 were as follows:

---

| | | |
|:---|:---|:---|
| Subaccount | Purchases | Sales |
| AB VPS Discovery Value Portfolio, Class A | $16241 | $18962 |
| AB VPS International Value Portfolio, Class A | 772 | 9108 |
| AB VPS Large Cap Growth Portfolio, Class A | 73930 | 230662 |
| AB VPS Relative Value Portfolio, Class A | 33182 | 42295 |
| Alger Capital Appreciation Portfolio, Class I-2 | 146404 | 63236 |
| Alger Large Cap Growth Portfolio, Class I-2 | 379469 | 1554195 |
| Alger Mid Cap Growth Portfolio, Class I-2 |  | 165046 |
| Allspring VT Discovery All Cap Growth Fund, Class 2 | 24135 | 583 |
| Allspring VT Discovery SMID Cap Growth Fund, Class 2 | 10275 | 17854 |
| Allspring VT Opportunity Fund, Class 2 | 17991 | 14092 |
| American Funds IS Global Growth Fund, Class 1 | 12981 | 86168 |
| American Funds IS Global Small Capitalization Fund, Class 2 | 4640 | 239 |
| American Funds IS Growth-Income Fund, Class 4 | 22452 | 8136 |
| American Funds IS New World Fund, Class 2 | 9644 | 45594 |
| American Funds IS The Bond Fund of America, Class 2 | 4871 | 8328 |
| BlackRock Global Allocation V.I. Fund, Class I | 34365 | 8700 |
| BNY Mellon IP MidCap Stock Portfolio, Initial Shares | 54904 | 84602 |
| BNY Mellon VIF Appreciation Portfolio, Initial Shares | 128431 | 41163 |
| BNY Mellon VIF Growth and Income Portfolio, Initial Shares | 33651 | 72442 |
| ClearBridge Variable Large Cap Growth Portfolio, Class I | 17937 | 121115 |
| ClearBridge Variable Mid Cap Portfolio, Class I | 9000 | 1649 |
| ClearBridge Variable Small Cap Growth Portfolio, Class I | 9079 | 3834 |
| Columbia VP Emerging Markets Fund, Class 2 | 9 | 2430 |
| Columbia VP Large Cap Growth Fund, Class 2 | 15361 | 1061121 |
| Columbia VP Seligman Global Technology Fund, Class 2 | 143546 | 1091952 |
| Columbia VP Small Cap Value Fund, Class 2 | 0 \* | 85778 |
| Dimensional VA US Targeted Value Portfolio, Institutional | 22072 | 2680 |
| DWS Capital Growth VIP, Class A | 218884 | 909377 |
| DWS Core Equity VIP, Class A | 36028 | 21703 |
| DWS CROCI U.S. VIP, Class A | 5634 | 4356 |
| DWS Global Small Cap VIP, Class A | 4950 | 459 |
| DWS Small Cap Index VIP, Class A | 116365 | 110494 |
| DWS Small Mid Cap Growth VIP, Class A | 171 | 16 |
| DWS Small Mid Cap Value VIP, Class A | 12450 | 1936 |
| Empower Bond Index Fund, Investor Class | 20237 | 180908 |
| Empower Conservative Profile Fund, Investor Class | 50700 | 64432 |
| Empower International Index Fund, Investor Class | 9446 | 3910 |
| Empower International Value Fund, Investor Class | 2606 | 392 |
| Empower Lifetime 2015 Fund, Investor Class | 2129 | 372 |
| Empower Lifetime 2020 Fund, Investor Class | 3402 | 491 |
| Empower Lifetime 2025 Fund, Investor Class | 2439 | 368 |
| Empower Lifetime 2030 Fund, Investor Class | 1235 | 178 |
| Empower Mid Cap Value Fund, Investor Class | 2998 | 7486 |
| Empower Moderate Profile Fund, Investor Class | 477035 | 168132 |
| Empower Moderately Aggressive Profile Fund, Investor Class | 6551 | 3758 |
| Empower Moderately Conservative Profile Fund, Investor Class | 41343 | 322859 |
| Empower Multi-Sector Bond Fund, Investor Class | 51159 | 242001 |
| Empower Real Estate Index Fund, Investor Class | 34698 | 16095 |
| Empower SecureFoundation Balanced Fund, Investor Class | 576347 | 1293199 |

---

---

| | | |
|:---|:---|:---|
| Subaccount | Purchases | Sales |
| Empower T. Rowe Price Mid Cap Growth Fund, Investor Class | $6596 | $8577 |
| Federated Hermes Fund for U.S. Government Securities II | 118169 | 50349 |
| Federated Hermes Managed Volatility Fund II, Primary Shares | 2107 | 6649 |
| Franklin Small Cap Value VIP Fund, Class 2 | 83155 | 206657 |
| Invesco V.I. Comstock Fund, Series I | 18939 | 70456 |
| Invesco V.I. Core Equity Fund, Series I | 10271 | 15025 |
| Invesco V.I. EQV International Equity Fund, Series I | 68298 | 221425 |
| Invesco V.I. Global Fund, Series I | 154665 | 228864 |
| Invesco V.I. Growth and Income Fund, Series I | 29715 | 8304 |
| Invesco V.I. High Yield Fund, Series I | 16102 | 15367 |
| Invesco V.I. International Growth Fund, Series I | 6148 | 14979 |
| Invesco V.I. Main Street Mid Cap Fund, Series I | 2096 | 105753 |
| Invesco V.I. Main Street Small Cap Fund, Series I | 35298 | 2957 |
| Invesco V.I. Small Cap Equity Fund, Series I | 6817 | 1134 |
| Invesco V.I. Technology Fund, Series I | 31761 | 4109 |
| Janus Henderson VIT Balanced Portfolio, Institutional Shares | 17259 | 9969 |
| Janus Henderson VIT Balanced Portfolio, Service Shares | 265159 | 188040 |
| Janus Henderson VIT Flexible Bond Portfolio, Institutional Shares | 90611 | 339590 |
| Janus Henderson VIT Flexible Bond Portfolio, Service Shares | 88512 | 132688 |
| Janus Henderson VIT Global Research Portfolio, Institutional Shares | 104372 | 39141 |
| Janus Henderson VIT Global Technology and Innovation Portfolio, Institutional Shares | 25694 | 172566 |
| Janus Henderson VIT Global Technology and Innovation Portfolio, Service Shares | 77864 | 257905 |
| Janus Henderson VIT Overseas Portfolio, Institutional Shares | 547 | 1643 |
| Janus Henderson VIT Overseas Portfolio, Service Shares | 7200 | 13813 |
| Janus Henderson VIT Research Portfolio, Institutional Shares | 36261 | 22721 |
| Lazard Retirement Emerging Markets Equity Portfolio, Service Shares | 25407 | 152690 |
| Lord Abbett Series Fund Short Duration Income Portfolio, Class VC | 5470 | 2669 |
| LVIP American Century Balanced Fund, Standard Class II | 48842 | 52182 |
| LVIP American Century Disciplined Core Value Fund, Standard Class II | 14574 | 93276 |
| LVIP American Century International Fund, Standard Class II | 3825 | 10669 |
| LVIP American Century Mid Cap Value Fund, Service Class | 36246 | 27408 |
| LVIP American Century Value Fund, Standard Class II | 414556 | 676657 |
| LVIP Baron Growth Opportunities Fund, Service Class | 168896 | 187379 |
| LVIP BlackRock Equity Dividend Fund, Standard Class | 19453 | 2395 |
| LVIP JPMorgan Core Bond Fund, Standard Class | 445 | 104 |
| LVIP JPMorgan Small Cap Core Fund, Standard Class | 2322 | 49109 |
| LVIP Nomura SMID Cap Core Fund, Standard Class | 15056 | 8892 |
| MFS VIT II International Growth Portfolio, Initial Class | 3086 | 1745 |
| MFS VIT II International Intrinsic Value Portfolio, Service Class | 108607 | 167575 |
| MFS VIT III Mid Cap Value Portfolio, Initial Class | 30692 | 53358 |
| MFS VIT Utilities Series, Service Class | 6720 | 317268 |
| Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio, Class S | 92 | 9 |
| Nomura VIP Emerging Markets Series, Standard Class | 3226 | 17495 |
| Nomura VIP International Core Equity Series, Service Class | 5195 | 632 |
| Nomura VIP International Core Equity Series, Standard Class | 2027 | 323 |
| Nomura VIP Small Cap Value Series, Standard Class | 29484 | 22650 |
| NVIT Mid Cap Index Fund, Class II | 104474 | 214996 |
| PIMCO VIT CommodityRealReturn Strategy Portfolio, Administrative Class | 5948 | 55720 |
| PIMCO VIT Emerging Markets Bond Portfolio, Administrative Class | 9177 | 7097 |
| PIMCO VIT High Yield Portfolio, Administrative Class | 119327 | 170530 |
| PIMCO VIT Low Duration Portfolio, Administrative Class | 795057 | 700292 |
| PIMCO VIT Real Return Portfolio, Administrative Class | 24420 | 4840 |
| PIMCO VIT Total Return Portfolio, Administrative Class | 243327 | 411441 |

---

---

| | | |
|:---|:---|:---|
| Subaccount | Purchases | Sales |
| Prudential Series Fund Natural Resources Portfolio, Class II | $- | $26498 |
| Prudential Series Fund PGIM Jennison Blend Portfolio, Class II | 26436 | 3379 |
| Putnam VT Core Equity Fund, Class IA | 28520 | 27676 |
| Putnam VT Global Asset Allocation Fund, Class IA | 19318 | 893 |
| Putnam VT Global Health Care Fund, Class IB | 47216 | 503767 |
| Putnam VT Income Fund, Class IA | 20277 | 79475 |
| Putnam VT International Equity Fund, Class IA | 1173 | 133 |
| Putnam VT International Value Fund, Class IA | 1413 | 10092 |
| Putnam VT Large Cap Value Fund, Class IB | 109482 | 442185 |
| Putnam VT Mortgage Securities Fund, Class IB | 34530 | 91089 |
| Royce Capital Fund Small-Cap Portfolio, Service Class | 6336 | 2935 |
| Schwab Government Money Market Portfolio | 5042268 | 4573752 |
| Schwab S&P 500 Index Portfolio | 1123340 | 4999435 |
| Schwab VIT Balanced Portfolio | 752 | 122 |
| Schwab VIT Balanced with Growth Portfolio | 30061 | 9767 |
| Schwab VIT Growth Portfolio | 5335 | 7723 |
| T. Rowe Price Health Sciences Portfolio | 11612 | 23949 |
| T. Rowe Price Health Sciences Portfolio, Class II | 7936 | 143526 |
| Templeton Foreign VIP Fund, Class 2 | 436882 | 3497 |
| Templeton Global Bond VIP Fund, Class 2 | 3686 | 12583 |
| Third Avenue Value Portfolio | 6346 | 498 |
| Touchstone Bond Fund, Class I | 179674 | 106425 |
| Touchstone Common Stock Fund, Class I | 19799 | 5775 |
| Touchstone Common Stock Fund, Class SC | 41052 | 179424 |
| Touchstone Small Company Fund, Class I | 3418 | 6177 |
| VanEck VIP Emerging Markets Bond Fund, Initial Class | 3856 | 22482 |
| VanEck VIP Global Resources Fund, Class S | 1469 | 42192 |
| Vanguard VIF Capital Growth Portfolio | 45537 | 90818 |
| Vanguard VIF Diversified Value Portfolio | 31150 | 7764 |
| Vanguard VIF Mid-Cap Index Portfolio | 66520 | 190403 |
| Vanguard VIF Real Estate Index Portfolio | 17577 | 12057 |
| Vanguard VIF Small Company Growth Portfolio | 27966 | 123034 |
| Victory Pioneer Fund VCT Portfolio, Class I | 249157 | 78956 |
| Victory Pioneer Mid Cap Value VCT Portfolio, Class II | 29449 | 158429 |
| Victory Pioneer Select Mid Cap Growth VCT Portfolio, Class I | 53035 | 80480 |

---

\* The Subaccount has dollars that round to less than one.

4. CHANGES
 IN UNITS OUTSTANDING

The changes in units outstanding for the years or periods ended (as designated in note 1, Organization, if applicable) December 31, 2025 and 2024 were as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | 2025 | 2025 | 2025 | 2024 | 2024 | 2024 |
| Subaccount | Units <br> Issued | Units Redeemed | Net Increase (Decrease) | Units <br> Issued | Units Redeemed | Net Increase (Decrease) |
| AB VPS Discovery Value Portfolio, Class A | 137 | 524 | (387) | 28 | 548 | (520) |
| AB VPS International Value Portfolio, Class A |  | 722 | (722) | 0 \* | 2128 | (2128) |
| AB VPS Large Cap Growth Portfolio, Class A | 20 | 4393 | (4373) | 1534 | 575 | 959 |
| AB VPS Relative Value Portfolio, Class A | 13 | 1152 | (1139) | 1748 | 288 | 1460 |
| AB VPS Sustainable International Thematic Portfolio, Class A |  |  |  | 583 | 10268 | (9685) |
| Alger Capital Appreciation Portfolio, Class I-2 | 1483 | 1520 | (37) | 2910 | 1835 | 1075 |
| Alger Large Cap Growth Portfolio, Class I-2 | 934 | 14483 | (13549) | 1798 | 4186 | (2388) |
| Alger Mid Cap Growth Portfolio, Class I-2 | 0 \* | 4516 | (4516) | 2 | 1837 | (1835) |
| Allspring VT Discovery All Cap Growth Fund, Class 2 | 0 \* |  | 0 \* |  | 1907 | (1907) |
| Allspring VT Discovery SMID Cap Growth Fund, Class 2 | 230 | 691 | (461) | 436 | 1182 | (746) |
| Allspring VT Opportunity Fund, Class 2 |  | 275 | (275) | 0 \* | 296 | (296) |
| American Funds IS Global Growth Fund, Class 1 | 22 | 2841 | (2819) | 115 | 5269 | (5154) |
| American Funds IS Global Small Capitalization Fund, Class 2 | 258 |  | 258 | 3264 |  | 3264 |
| American Funds IS Growth-Income Fund, Class 4 | 90 | 356 | (266) | 0 \* | 5167 | (5167) |
| American Funds IS International Fund, Class 2 | 0 \* |  | 0 \* |  | 184 | (184) |
| American Funds IS New World Fund, Class 2 | 25 | 2217 | (2192) | 34 | 1044 | (1010) |
| American Funds IS The Bond Fund of America, Class 2 | 105 | 795 | (690) | 3829 | 531 | 3298 |
| BlackRock Global Allocation V.I. Fund, Class I |  | 382 | (382) |  | 454 | (454) |
| BNY Mellon IP MidCap Stock Portfolio, Initial Shares |  | 3951 | (3951) |  | 942 | (942) |
| BNY Mellon VIF Appreciation Portfolio, Initial Shares | 16 | 700 | (684) | 56 | 1004 | (948) |
| BNY Mellon VIF Growth and Income Portfolio, Initial Shares | 0 \* | 1866 | (1866) |  |  |  |
| ClearBridge Variable Large Cap Growth Portfolio, Class I | 166 | 4696 | (4530) | 50 | 702 | (652) |
| ClearBridge Variable Mid Cap Portfolio, Class I | 176 | 52 | 124 | 136 | 11 | 125 |
| ClearBridge Variable Small Cap Growth Portfolio, Class I | 179 | 150 | 29 | 191 | 41 | 150 |
| Columbia VP Emerging Markets Fund, Class 2 |  | 178 | (178) | 94 | 26 | 68 |
| Columbia VP Large Cap Growth Fund, Class 2 | 429 | 28855 | (28426) | 4253 | 6117 | (1864) |
| Columbia VP Seligman Global Technology Fund, Class 2 | 834 | 13932 | (13098) | 275 | 8611 | (8336) |
| Columbia VP Small Cap Value Fund, Class 2 | 0 \* | 2055 | (2055) | 0 \* | 334 | (334) |
| Delaware VIP International Series, Standard Class |  |  |  | 182 | 8646 | (8464) |
| Dimensional VA US Targeted Value Portfolio, Institutional | 168 | 74 | 94 | 106 | 1695 | (1589) |
| DWS Capital Growth VIP, Class A | 620 | 14316 | (13696) | 2304 | 1247 | 1057 |
| DWS Core Equity VIP, Class A | 125 | 435 | (310) | 1 | 6687 | (6686) |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | 2025 | 2025 | 2025 | 2024 | 2024 | 2024 |
| Subaccount | Units <br> Issued | Units Redeemed | Net Increase (Decrease) | Units <br> Issued | Units Redeemed | Net Increase (Decrease) |
| DWS CROCI U.S. VIP, Class A | 25 | 133 | (108) | 4895 | 5103 | (208) |
| DWS Global Small Cap VIP, Class A |  |  |  | 0 \* | 1157 | (1157) |
| DWS Small Cap Index VIP, Class A | 1693 | 3392 | (1699) | 1101 | 12320 | (11219) |
| DWS Small Mid Cap Growth VIP, Class A |  |  |  |  |  |  |
| DWS Small Mid Cap Value VIP, Class A | 24 | 38 | (14) |  | 1259 | (1259) |
| Empower Bond Index Fund, Investor Class | 432 | 17059 | (16627) | 11414 | 4533 | 6881 |
| Empower Conservative Profile Fund, Investor Class |  | 4311 | (4311) |  | 4129 | (4129) |
| Empower International Index Fund, Investor Class | 377 | 224 | 153 | 853 | 89 | 764 |
| Empower International Value Fund, Investor Class |  | 11 | (11) | 2242 |  | 2242 |
| Empower Lifetime 2015 Fund, Investor Class |  |  |  |  |  |  |
| Empower Lifetime 2020 Fund, Investor Class |  |  |  |  |  |  |
| Empower Lifetime 2025 Fund, Investor Class |  |  |  |  |  |  |
| Empower Lifetime 2030 Fund, Investor Class |  |  |  |  |  |  |
| Empower Mid Cap Value Fund, Investor Class | 36 | 355 | (319) | 17 | 274 | (257) |
| Empower Moderate Profile Fund, Investor Class | 17514 | 10205 | 7309 |  | 49061 | (49061) |
| Empower Moderately Aggressive Profile Fund, Investor Class |  | 186 | (186) | 1481 | 2246 | (765) |
| Empower Moderately Conservative Profile Fund, Investor Class |  | 23901 | (23901) |  | 3536 | (3536) |
| Empower Multi-Sector Bond Fund, Investor Class | 790 | 18038 | (17248) | 11122 | 2958 | 8164 |
| Empower Real Estate Index Fund, Investor Class | 2662 | 1260 | 1402 | 2694 | 1607 | 1087 |
| Empower SecureFoundation Balanced Fund, Investor Class | 27 | 65445 | (65418) |  | 135689 | (135689) |
| Empower T. Rowe Price Mid Cap Growth Fund, Investor Class | 284 | 414 | (130) | 95 | 1483 | (1388) |
| Federated Hermes Fund for U.S. Government Securities II | 3954 | 2969 | 985 | 2987 | 82348 | (79361) |
| Federated Hermes Managed Volatility Fund II, Primary Shares |  | 190 | (190) |  | 1411 | (1411) |
| Franklin Small Cap Value VIP Fund, Class 2 | 1014 | 6606 | (5592) | 291 | 6033 | (5742) |
| Invesco V.I. Comstock Fund, Series I | 4 | 1540 | (1536) | 0 \* | 3544 | (3544) |
| Invesco V.I. Core Equity Fund, Series I |  | 218 | (218) |  | 556 | (556) |
| Invesco V.I. EQV International Equity Fund, Series I | 1390 | 10307 | (8917) | 3676 | 2920 | 756 |
| Invesco V.I. Global Fund, Series I | 189 | 3164 | (2975) | 1765 | 4031 | (2266) |
| Invesco V.I. Growth and Income Fund, Series I | 117 | 149 | (32) | 129 | 6597 | (6468) |
| Invesco V.I. High Yield Fund, Series I | 845 | 1123 | (278) | 33 | 428 | (395) |
| Invesco V.I. International Growth Fund, Series I | 11 | 984 | (973) | 26 | 4133 | (4107) |
| Invesco V.I. Main Street Mid Cap Fund, Series I | 0 \* | 2581 | (2581) |  | 49 | (49) |
| Invesco V.I. Main Street Small Cap Fund, Series I | 140 | 49 | 91 | 1892 | 1369 | 523 |
| Invesco V.I. Small Cap Equity Fund, Series I |  |  |  |  |  |  |
| Invesco V.I. Technology Fund, Series I |  | 125 | (125) |  | 114 | (114) |
| Janus Henderson VIT Balanced Portfolio, Institutional Shares |  | 140 | (140) |  | 2357 | (2357) |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | 2025 | 2025 | 2025 | 2024 | 2024 | 2024 |
| Subaccount | Units <br> Issued | Units Redeemed | Net Increase (Decrease) | Units <br> Issued | Units Redeemed | Net Increase (Decrease) |
| Janus Henderson VIT Balanced Portfolio, Service Shares | 2107 | 6122 | (4015) | 61 | 4519 | (4458) |
| Janus Henderson VIT Flexible Bond Portfolio, Institutional Shares | 361 | 28462 | (28101) | 16255 | 17478 | (1223) |
| Janus Henderson VIT Flexible Bond Portfolio, Service Shares | 2095 | 9423 | (7328) | 2897 | 12868 | (9971) |
| Janus Henderson VIT Global Research Portfolio, Institutional Shares |  | 872 | (872) | 583 | 143 | 440 |
| Janus Henderson VIT Global Technology and Innovation Portfolio, Institutional Shares |  | 2380 | (2380) | 3 | 774 | (771) |
| Janus Henderson VIT Global Technology and Innovation Portfolio, Service Shares | 121 | 3603 | (3482) | 611 | 3487 | (2876) |
| Janus Henderson VIT Overseas Portfolio, Institutional Shares |  | 28 | (28) |  | 263 | (263) |
| Janus Henderson VIT Overseas Portfolio, Service Shares | 263 | 699 | (436) | 2290 | 3634 | (1344) |
| Janus Henderson VIT Research Portfolio, Institutional Shares |  | 189 | (189) |  | 1685 | (1685) |
| Lazard Retirement Emerging Markets Equity Portfolio, Service Shares | 23 | 7235 | (7212) | 1069 | 4569 | (3500) |
| Lord Abbett Series Fund Short Duration Income Portfolio, Class VC | 268 | 209 | 59 | 677 | 34 | 643 |
| LVIP American Century Balanced Fund, Standard Class II | 1172 | 1495 | (323) | 317 | 2132 | (1815) |
| LVIP American Century Disciplined Core Value Fund, Standard Class II |  | 3888 | (3888) | 638 | 3978 | (3340) |
| LVIP American Century International Fund, Standard Class II | 145 | 553 | (408) | 2847 | 6056 | (3209) |
| LVIP American Century Mid Cap Value Fund, Service Class | 256 | 678 | (422) | 507 | 4228 | (3721) |
| LVIP American Century Value Fund, Standard Class II | 2144 | 16342 | (14198) | 466 | 11210 | (10744) |
| LVIP Baron Growth Opportunities Fund, Service Class | 1607 | 2804 | (1197) | 975 | 2870 | (1895) |
| LVIP BlackRock Equity Dividend Fund, Standard Class | 276 | 102 | 174 | 198 | 6518 | (6320) |
| LVIP JPMorgan Core Bond Fund, Standard Class |  |  |  | 1275 |  | 1275 |
| LVIP JPMorgan Small Cap Core Fund, Standard Class | 67 | 2262 | (2195) |  | 18 | (18) |
| LVIP Nomura SMID Cap Core Fund, Standard Class | 39 | 139 | (100) | 4761 | 1853 | 2908 |
| MFS VIT II International Growth Portfolio, Initial Class |  | 99 | (99) | 3103 |  | 3103 |
| MFS VIT II International Intrinsic Value Portfolio, Service Class | 605 | 4797 | (4192) | 4515 | 8636 | (4121) |
| MFS VIT III Mid Cap Value Portfolio, Initial Class | 44 | 2741 | (2697) | 2337 | 2266 | 71 |
| MFS VIT Utilities Series, Service Class |  | 11858 | (11858) |  | 1377 | (1377) |
| Morgan Stanley VIF U.S. Real Estate Portfolio, Class I |  |  |  | 115 | 7505 | (7390) |
| Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio, Class S |  |  |  |  |  |  |
| Nomura VIP Emerging Markets Series, Standard Class | 21 | 982 | (961) | 856 | 9170 | (8314) |
| Nomura VIP International Core Equity Series, Service Class |  |  |  |  | 2508 | (2508) |
| Nomura VIP International Core Equity Series, Standard Class |  | 15 | (15) | 5161 | 2299 | 2862 |
| Nomura VIP Small Cap Value Series, Standard Class | 118 | 422 | (304) | 58 | 4960 | (4902) |
| NVIT Mid Cap Index Fund, Class II | 918 | 4244 | (3326) | 4151 | 3376 | 775 |
| PIMCO VIT CommodityRealReturn Strategy Portfolio, Administrative Class | 245 | 6005 | (5760) | 1810 | 1452 | 358 |
| PIMCO VIT Emerging Markets Bond Portfolio, Administrative Class | 672 | 613 | 59 | 11 | 2 | 9 |
| PIMCO VIT High Yield Portfolio, Administrative Class | 493 | 6828 | (6335) | 1450 | 5926 | (4476) |
| PIMCO VIT Low Duration Portfolio, Administrative Class | 50282 | 56916 | (6634) | 6979 | 26385 | (19406) |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | 2025 | 2025 | 2025 | 2024 | 2024 | 2024 |
| Subaccount | Units <br> Issued | Units Redeemed | Net Increase (Decrease) | Units <br> Issued | Units Redeemed | Net Increase (Decrease) |
| PIMCO VIT Real Return Portfolio, Administrative Class | 1069 | 216 | 853 | 23 | 6026 | (6003) |
| PIMCO VIT Total Return Portfolio, Administrative Class | 6656 | 24597 | (17941) | 16786 | 39963 | (23177) |
| Prudential Series Fund Natural Resources Portfolio, Class II |  | 1815 | (1815) |  |  |  |
| Prudential Series Fund PGIM Jennison Blend Portfolio, Class II | 482 | 41 | 441 | 0 \* | 44 | (44) |
| Putnam VT Core Equity Fund, Class IA | 170 | 699 | (529) |  | 364 | (364) |
| Putnam VT Global Asset Allocation Fund, Class IA |  |  |  |  | 5009 | (5009) |
| Putnam VT Global Health Care Fund, Class IB | 88 | 15791 | (15703) | 3408 | 3282 | 126 |
| Putnam VT Income Fund, Class IA | 470 | 7111 | (6641) | 4889 | 6676 | (1787) |
| Putnam VT International Equity Fund, Class IA |  |  |  | 0 \* | 2325 | (2325) |
| Putnam VT International Value Fund, Class IA | 5 | 546 | (541) | 239 | 114 | 125 |
| Putnam VT Large Cap Value Fund, Class IB | 460 | 13107 | (12647) | 82 | 4540 | (4458) |
| Putnam VT Mortgage Securities Fund, Class IB | 418 | 8309 | (7891) | 7431 | 3150 | 4281 |
| Royce Capital Fund Small-Cap Portfolio, Service Class |  | 71 | (71) | 3637 | 4275 | (638) |
| Schwab Government Money Market Portfolio | 398887 | 379097 | 19790 | 391976 | 351402 | 40574 |
| Schwab S&P 500 Index Portfolio | 10259 | 71388 | (61129) | 18523 | 87763 | (69240) |
| Schwab VIT Balanced Portfolio |  |  |  | 0 \* | 2728 | (2728) |
| Schwab VIT Balanced with Growth Portfolio |  | 363 | (363) |  | 393 | (393) |
| Schwab VIT Growth Portfolio | 105 | 406 | (301) |  | 54 | (54) |
| T. Rowe Price Health Sciences Portfolio | 196 | 926 | (730) | 70 | 3023 | (2953) |
| T. Rowe Price Health Sciences Portfolio, Class II |  | 5358 | (5358) |  |  |  |
| Templeton Foreign VIP Fund, Class 2 | 24856 |  | 24856 |  |  |  |
| Templeton Global Bond VIP Fund, Class 2 | 447 | 1485 | (1038) | 597 | 16536 | (15939) |
| Third Avenue Value Portfolio |  |  |  |  |  |  |
| Touchstone Bond Fund, Class I | 9861 | 8616 | 1245 | 21639 | 1701 | 19938 |
| Touchstone Common Stock Fund, Class I |  | 60 | (60) | 295 | 3608 | (3313) |
| Touchstone Common Stock Fund, Class SC |  | 2290 | (2290) |  | 242 | (242) |
| Touchstone Small Company Fund, Class I | 10 | 102 | (92) | 4 | 1931 | (1927) |
| VanEck VIP Emerging Markets Bond Fund, Initial Class |  | 1524 | (1524) | 1 | 8144 | (8143) |
| VanEck VIP Global Resources Fund, Class S | 79 | 2950 | (2871) | 369 | 4258 | (3889) |
| Vanguard VIF Capital Growth Portfolio | 58 | 2249 | (2191) | 48 | 980 | (932) |
| Vanguard VIF Diversified Value Portfolio | 97 | 232 | (135) | 79 | 784 | (705) |
| Vanguard VIF Mid-Cap Index Portfolio | 980 | 6894 | (5914) | 2114 | 552 | 1562 |
| Vanguard VIF Real Estate Index Portfolio | 412 | 609 | (197) | 849 | 3433 | (2584) |
| Vanguard VIF Small Company Growth Portfolio |  | 5056 | (5056) |  | 428 | (428) |
| Victory Pioneer Fund VCT Portfolio, Class I | 197 | 1316 | (1119) | 13890 | 4058 | 9832 |
| Victory Pioneer Mid Cap Value VCT Portfolio, Class II | 505 | 4856 | (4351) |  | 1329 | (1329) |
| Victory Pioneer Select Mid Cap Growth VCT Portfolio, Class I | 707 | 1690 | (983) | 1626 | 1015 | 611 |

---

\* The Subaccount has units that round to less than one.

Note: Units may not appear to foot/crossfoot due to rounding.

---

| | |
|:---|:---|
| 5. | EXPENSES AND RELATED PARTY TRANSACTIONS |
|  | The fees and charges below are the current expenses deducted by the Subaccount from either the net unit value or from the Contract as a redemption of units. Fees and charges may vary based on factors such as the product purchased, optional benefits chosen, benefit base, asset base, death benefit option elected, a Contract's total asset value, age of Contract, surrender amount, if a surrender is requested during the period specified, Subaccounts selected, transaction amount, and/or transaction frequency. The fees and charges are recorded, as applicable, to the respective Subaccount in the Separate Account. Redemption of units deductions are made to the individual Contracts in accordance with the terms which govern each annuity, as set forth in the Contract. |
|  | 'The minimum and maximum Contract expenses offered by the Company may not directly equate to the minimum and maximum expense ratios by Subaccount in the Financial Highlights footnote as Contract owners across all products offered may not have invested in all available products during the current year. |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Expense Type** | &nbsp;&nbsp;**Range** |
| &nbsp;&nbsp;**Mortality and Expense Risk Fee** |  |
| &nbsp;&nbsp;This fee is assessed to reimburse the Company for assuming mortality and expense risks. The fee is deducted daily, assessed through a reduction of net unit values, and recorded as mortality and expense risk in the Statements of Operations. | &nbsp;&nbsp;a daily fee amounting to a per annum aggregate of 0.49% - 0.85% of the average daily net assets of each Subaccount |
| &nbsp;&nbsp;**Expenses of the Portfolios** |  |
| &nbsp;&nbsp;This fee is assessed to provide compensation for administrative services performed in connection with the Subaccounts. If applicable, such compensation is assessed against the value of the assets invested in the relevant Subaccounts and is recorded as investment advisory expenses in the Statements of Operations. | &nbsp;&nbsp;0.00% - 0.35% annually |
| &nbsp;&nbsp;**Deductions for Premium Taxes** |  |
| &nbsp;&nbsp;This deduction is to comply with any applicable state premium and/or retaliatory taxes. The mandated amount is deducted from the payment when it is received which in turn reduces Contract owners' net payments on the Statements of Changes in Net Assets. | &nbsp;&nbsp;0.00% - 3.50% of each payment, if applicable. |
| &nbsp;&nbsp;**Contract Maintenance Charge** |  |
| &nbsp;&nbsp;This charge is assessed to reimburse the Company for expenses incurred in the administration of the Contract and the Separate Account. If applicable, the charge is deducted annually, assessed through a redemption of units, and recorded as Contract maintenance charges in the Statements of Changes in Net Assets. | &nbsp;&nbsp;$0 - $25 annually |
| &nbsp;&nbsp;**Transfer Charge** |  |
| &nbsp;&nbsp;This charge is assessed to reimburse the Company for costs incurred when transferring funds. If applicable, the charge is deducted upon transfer, assessed through a redemption of units, and recorded as Contract owners' benefits within the Statements of Changes in Net Assets. | &nbsp;&nbsp;$10 per transfer, after the first 12 transfers in any calendar year |
| &nbsp;&nbsp;**Charge for Optional Benefits (GL WB Rider)** |  |
| &nbsp;&nbsp;This charge is assessed to reimburse the Company for costs and risks stemming from optional benefits elected by the Contract owner. If applicable, the charge is deducted quarterly, assessed through a redemption of units, and recorded as Contract maintenance charges within the Statements of Changes in Net Assets. | &nbsp;&nbsp;0.90% - 1.50% of net asset base |

---

---

| | |
|:---|:---|
| 6. | FINANCIAL HIGHLIGHTS |
|  | The Company sells a number of variable annuity products that are funded by the Separate Account. These products have unique combinations of features and expenses that are charged against the Contract owner's account. Differences in the expense structures result in a variety of unit values, expense ratios and total returns. The following tables were developed by determining which products offered by the Company and funded by the Separate Account have the highest and lowest expense ratios. The summaries may not reflect or directly equate to the minimum and maximum Contract expenses offered by the Company, as Contract owners may not have selected all available and applicable Contract options for or during the periods presented. |
|  | A summary of the units outstanding, unit fair values, net assets for variable annuity Contracts, investment income ratios, the expense ratios, excluding expenses of the underlying Subaccounts, and total returns for each of the five years or periods ended December 31, 2025 is as follows: |

---

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | Low | High |
| AB VPS Discovery Value Portfolio, Class A | AB VPS Discovery Value Portfolio, Class A | AB VPS Discovery Value Portfolio, Class A | AB VPS Discovery Value Portfolio, Class A | AB VPS Discovery Value Portfolio, Class A | AB VPS Discovery Value Portfolio, Class A | AB VPS Discovery Value Portfolio, Class A | AB VPS Discovery Value Portfolio, Class A | AB VPS Discovery Value Portfolio, Class A | AB VPS Discovery Value Portfolio, Class A | AB VPS Discovery Value Portfolio, Class A |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 3 | $35.64 | $37.25 | $102 | 0.81% | 0.65% | 0.85% |  | 2.22% | 2.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 3 | 34.87 | 36.52 | 115 | 0.84% | 0.65% | 0.85% |  | 9.30% | 9.08% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 4 | 31.90 | 33.48 | 120 | 0.92% | 0.65% | 0.85% |  | 16.42% | 16.19% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 6 | 27.40 | 28.81 | 163 | 1.01% | 0.65% | 0.85% |  | (20.45)% | 52.67% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 8 | 34.44 | 18.87 | 259 | 0.78% | 0.49% | 0.49% |  | 34.80% | 33.04% |
| AB VPS International Value Portfolio, Class A | AB VPS International Value Portfolio, Class A | AB VPS International Value Portfolio, Class A | AB VPS International Value Portfolio, Class A | AB VPS International Value Portfolio, Class A | AB VPS International Value Portfolio, Class A | AB VPS International Value Portfolio, Class A | AB VPS International Value Portfolio, Class A | AB VPS International Value Portfolio, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 2 | 13.95 | 13.95 | 34 | 2.32% | 0.85% | 0.85% |  | 40.50% | 40.50% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 3 | 8.74 | 9.93 | 32 | 2.27% | 0.85% | 0.85% |  | 4.17% | 5.30% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 5 | 8.30 | 9.53 | 49 | 0.82% | 0.85% | 0.85% |  | 14.18% | 14.18% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 5 | 7.27 | 8.35 | 43 | 4.45% | 0.85% | 0.85% |  | (25.43)% | (1.60)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 6 | 9.75 | 8.48 | 60 | 1.83% | 0.65% | 0.65% |  | 10.14% | 7.39% |
| AB VPS Large Cap Growth Portfolio, Class A | AB VPS Large Cap Growth Portfolio, Class A | AB VPS Large Cap Growth Portfolio, Class A | AB VPS Large Cap Growth Portfolio, Class A | AB VPS Large Cap Growth Portfolio, Class A | AB VPS Large Cap Growth Portfolio, Class A | AB VPS Large Cap Growth Portfolio, Class A | AB VPS Large Cap Growth Portfolio, Class A | AB VPS Large Cap Growth Portfolio, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 11 | 52.98 | 74.25 | 693 | 0.00% | 0.49% | 0.85% |  | 12.58% | 12.18% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 15 | 47.06 | 66.19 | 820 | 0.06% | 0.49% | 0.85% |  | 24.64% | 24.19% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 14 | 37.76 | 53.29 | 623 | 0.00% | 0.49% | 0.85% |  | 34.47% | 33.99% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 14 | 28.08 | 39.78 | 464 | 0.00% | 0.49% | 0.85% |  | (50.71)% | 3.58% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 16 | 56.96 | 38.40 | 753 | 0.00% | 0.49% | 0.49% |  | 29.82% | 24.87% |

---

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | Low | High |
| AB VPS Relative Value Portfolio, Class A | AB VPS Relative Value Portfolio, Class A | AB VPS Relative Value Portfolio, Class A | AB VPS Relative Value Portfolio, Class A | AB VPS Relative Value Portfolio, Class A | AB VPS Relative Value Portfolio, Class A | AB VPS Relative Value Portfolio, Class A | AB VPS Relative Value Portfolio, Class A | AB VPS Relative Value Portfolio, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 12 | $27.97 | $41.49 | $372 | 1.07% | 0.49% | 0.85% |  | 9.93% | 9.54% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 13 | 25.45 | 37.88 | 377 | 1.49% | 0.49% | 0.85% |  | 12.47% | 12.06% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 12 | 22.63 | 33.80 | 303 | 1.50% | 0.49% | 0.85% |  | 11.48% | 11.08% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 13 | 20.30 | 30.43 | 287 | 1.39% | 0.49% | 0.85% |  | (36.63)% | 46.89% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 14 | 32.03 | 20.71 | 324 | 0.77% | 0.49% | 0.49% |  | 27.07% | 24.10% |
| AB VPS Sustainable International Thematic Portfolio, Class A | AB VPS Sustainable International Thematic Portfolio, Class A | AB VPS Sustainable International Thematic Portfolio, Class A | AB VPS Sustainable International Thematic Portfolio, Class A | AB VPS Sustainable International Thematic Portfolio, Class A | AB VPS Sustainable International Thematic Portfolio, Class A | AB VPS Sustainable International Thematic Portfolio, Class A | AB VPS Sustainable International Thematic Portfolio, Class A | AB VPS Sustainable International Thematic Portfolio, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 |  |  |  |  | 0.00% | 0.65% | 0.85% |  | (1.08)% | 2.27% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 10 | 12.19 | 20.58 | 187 | 0.00% | 0.65% | 0.85% |  | 11.91% | 11.68% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 12 | 10.89 | 18.43 | 213 | 0.00% | 0.65% | 0.85% |  | (57.58)% | 25.05% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 12 | 25.67 | 14.74 | 299 | 0.00% | 0.49% | 0.49% |  | 7.33% | 4.65% |
| Alger Capital Appreciation Portfolio, Class I-2 | Alger Capital Appreciation Portfolio, Class I-2 | Alger Capital Appreciation Portfolio, Class I-2 | Alger Capital Appreciation Portfolio, Class I-2 | Alger Capital Appreciation Portfolio, Class I-2 | Alger Capital Appreciation Portfolio, Class I-2 | Alger Capital Appreciation Portfolio, Class I-2 | Alger Capital Appreciation Portfolio, Class I-2 | Alger Capital Appreciation Portfolio, Class I-2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 11 | 50.62 | 48.71 | 567 | 0.00% | 0.49% | 0.85% |  | 32.22% | 31.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 11 | 38.28 | 37.69 | 433 | 0.00% | 0.49% | 0.65% |  | 47.41% | 47.17% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 10 | 25.97 | 25.61 | 266 | 0.00% | 0.49% | 0.65% |  | 42.43% | 42.21% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 12 | 18.23 | 18.01 | 220 | 0.00% | 0.49% | 0.65% |  | (36.83)% | (36.08)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 17 | 28.87 | 28.18 | 491 | 0.00% | 0.49% | 0.49% |  | 18.54% | 15.73% |
| Alger Large Cap Growth Portfolio, Class I-2 | Alger Large Cap Growth Portfolio, Class I-2 | Alger Large Cap Growth Portfolio, Class I-2 | Alger Large Cap Growth Portfolio, Class I-2 | Alger Large Cap Growth Portfolio, Class I-2 | Alger Large Cap Growth Portfolio, Class I-2 | Alger Large Cap Growth Portfolio, Class I-2 | Alger Large Cap Growth Portfolio, Class I-2 | Alger Large Cap Growth Portfolio, Class I-2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 17 | 68.16 | 127.25 | 2018 | 0.00% | 0.65% | 0.85% |  | 29.43% | 29.17% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 31 | 52.66 | 98.52 | 2897 | 0.00% | 0.65% | 0.85% |  | 41.96% | 41.67% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 33 | 37.10 | 69.54 | 2201 | 0.00% | 0.65% | 0.85% |  | 31.81% | 31.55% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 31 | 28.15 | 52.86 | 1548 | 0.00% | 0.65% | 0.85% |  | (67.61)% | 66.67% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 31 | 86.91 | 31.72 | 2545 | 0.00% | 0.49% | 0.49% |  | 10.90% | (23.68)% |
| Alger Mid Cap Growth Portfolio, Class I-2 | Alger Mid Cap Growth Portfolio, Class I-2 | Alger Mid Cap Growth Portfolio, Class I-2 | Alger Mid Cap Growth Portfolio, Class I-2 | Alger Mid Cap Growth Portfolio, Class I-2 | Alger Mid Cap Growth Portfolio, Class I-2 | Alger Mid Cap Growth Portfolio, Class I-2 | Alger Mid Cap Growth Portfolio, Class I-2 | Alger Mid Cap Growth Portfolio, Class I-2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 3 | 29.79 | 61.30 | 120 | 0.00% | 0.49% | 0.85% |  | 16.19% | 15.78% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 7 | 25.64 | 52.94 | 252 | 0.00% | 0.49% | 0.85% |  | 20.47% | 20.04% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 9 | 21.28 | 44.11 | 274 | 0.00% | 0.49% | 0.85% |  | 22.57% | 22.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 12 | 17.36 | 36.11 | 316 | 0.00% | 0.49% | 0.85% |  | (69.53)% | 36.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 11 | 56.97 | 26.55 | 483 | 0.00% | 0.49% | 0.49% |  | 3.32% | 0.90% |

---

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | Low | High |
| Allspring VT Discovery All Cap Growth Fund, Class 2 | Allspring VT Discovery All Cap Growth Fund, Class 2 | Allspring VT Discovery All Cap Growth Fund, Class 2 | Allspring VT Discovery All Cap Growth Fund, Class 2 | Allspring VT Discovery All Cap Growth Fund, Class 2 | Allspring VT Discovery All Cap Growth Fund, Class 2 | Allspring VT Discovery All Cap Growth Fund, Class 2 | Allspring VT Discovery All Cap Growth Fund, Class 2 | Allspring VT Discovery All Cap Growth Fund, Class 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 2 | $35.66 | $35.66 | $73 | 0.00% | 0.85% | 0.85% |  | 14.29% | 14.29% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 2 | 32.81 | 31.20 | 64 | 0.00% | 0.65% | 0.85% |  | 23.73% | 19.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 4 | 26.52 | 26.01 | 104 | 0.00% | 0.65% | 0.85% |  | 32.31% | 32.05% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 4 | 20.04 | 19.70 | 79 | 0.00% | 0.65% | 0.85% |  | (37.61)% | (35.53)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 5 | 32.12 | 30.55 | 158 | 0.00% | 0.65% | 0.65% |  | 15.76% | 12.48% |
| Allspring VT Discovery SMID Cap Growth Fund, Class 2 | Allspring VT Discovery SMID Cap Growth Fund, Class 2 | Allspring VT Discovery SMID Cap Growth Fund, Class 2 | Allspring VT Discovery SMID Cap Growth Fund, Class 2 | Allspring VT Discovery SMID Cap Growth Fund, Class 2 | Allspring VT Discovery SMID Cap Growth Fund, Class 2 | Allspring VT Discovery SMID Cap Growth Fund, Class 2 | Allspring VT Discovery SMID Cap Growth Fund, Class 2 | Allspring VT Discovery SMID Cap Growth Fund, Class 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 1 | 25.64 | 42.99 | 51 | 0.00% | 0.49% | 0.85% |  | 4.87% | 4.50% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 2 | 24.45 | 41.14 | 56 | 0.00% | 0.49% | 0.85% |  | 17.55% | 17.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 3 | 20.80 | 35.12 | 60 | 0.00% | 0.49% | 0.85% |  | 19.56% | 19.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 4 | 17.40 | 29.48 | 82 | 0.00% | 0.49% | 0.85% |  | (64.62)% | 7.71% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 4 | 49.17 | 27.37 | 136 | 0.00% | 0.49% | 0.49% |  | (3.23)% | (8.05)% |
| Allspring VT Opportunity Fund, Class 2 | Allspring VT Opportunity Fund, Class 2 | Allspring VT Opportunity Fund, Class 2 | Allspring VT Opportunity Fund, Class 2 | Allspring VT Opportunity Fund, Class 2 | Allspring VT Opportunity Fund, Class 2 | Allspring VT Opportunity Fund, Class 2 | Allspring VT Opportunity Fund, Class 2 | Allspring VT Opportunity Fund, Class 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 4 | 48.38 | 48.38 | 178 | 0.05% | 0.85% | 0.85% |  | 5.81% | 5.81% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 4 | 45.73 | 45.73 | 183 | 0.05% | 0.85% | 0.85% |  | 14.07% | 14.07% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 4 | 40.09 | 40.09 | 167 | 0.00% | 0.85% | 0.85% |  | 25.43% | 25.43% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 5 | 31.96 | 31.96 | 148 | 0.00% | 0.85% | 0.85% |  | (21.48)% | 33.54% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 5 | 40.70 | 23.93 | 200 | 0.04% | 0.49% | 0.49% |  | 23.72% | (22.13)% |
| ALPS Global Opportunity Portfolio, Class I | ALPS Global Opportunity Portfolio, Class I | ALPS Global Opportunity Portfolio, Class I | ALPS Global Opportunity Portfolio, Class I | ALPS Global Opportunity Portfolio, Class I | ALPS Global Opportunity Portfolio, Class I | ALPS Global Opportunity Portfolio, Class I | ALPS Global Opportunity Portfolio, Class I | ALPS Global Opportunity Portfolio, Class I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 1 | 21.79 | 21.35 | 21 | 4.99% | 0.49% | 0.49% |  | 24.80% | 22.27% |
| American Funds IS Global Growth Fund, Class 1 | American Funds IS Global Growth Fund, Class 1 | American Funds IS Global Growth Fund, Class 1 | American Funds IS Global Growth Fund, Class 1 | American Funds IS Global Growth Fund, Class 1 | American Funds IS Global Growth Fund, Class 1 | American Funds IS Global Growth Fund, Class 1 | American Funds IS Global Growth Fund, Class 1 | American Funds IS Global Growth Fund, Class 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 1 | 33.51 | 32.74 | 37 | 1.06% | 0.49% | 0.69% |  | 21.38% | 21.14% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 4 | 27.61 | 27.03 | 108 | 1.44% | 0.49% | 0.69% |  | 13.38% | 13.15% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 9 | 24.35 | 23.89 | 221 | 1.20% | 0.49% | 0.69% |  | 22.31% | 22.06% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 8 | 19.91 | 19.57 | 161 | 0.94% | 0.49% | 0.69% |  | (24.91)% | (25.06)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 8 | 26.51 | 26.11 | 208 | 0.58% | 0.49% | 0.49% |  | 17.69% | 14.40% |
| American Funds IS Global Small Capitalization Fund, Class 2 | American Funds IS Global Small Capitalization Fund, Class 2 | American Funds IS Global Small Capitalization Fund, Class 2 | American Funds IS Global Small Capitalization Fund, Class 2 | American Funds IS Global Small Capitalization Fund, Class 2 | American Funds IS Global Small Capitalization Fund, Class 2 | American Funds IS Global Small Capitalization Fund, Class 2 | American Funds IS Global Small Capitalization Fund, Class 2 | American Funds IS Global Small Capitalization Fund, Class 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 4 | 15.26 | 15.26 | 54 | 0.37% | 0.49% | 0.49% |  | 14.08% | 14.08% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 3 | 13.37 | 13.37 | 44 | 1.74% | 0.49% | 0.49% |  | 1.59% | 1.59% |

---

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | Low | High |
| American Funds IS Growth-Income Fund, Class 4 | American Funds IS Growth-Income Fund, Class 4 | American Funds IS Growth-Income Fund, Class 4 | American Funds IS Growth-Income Fund, Class 4 | American Funds IS Growth-Income Fund, Class 4 | American Funds IS Growth-Income Fund, Class 4 | American Funds IS Growth-Income Fund, Class 4 | American Funds IS Growth-Income Fund, Class 4 | American Funds IS Growth-Income Fund, Class 4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 5 | $21.29 | $24.42 | $128 | 0.74% | 0.49% | 0.65% |  | 0.94% | 17.01% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 6 | 21.09 | 19.87 | 115 | 0.78% | 0.49% | 0.69% |  | 23.31% | 17.48% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 11 | 17.11 | 16.91 | 182 | 1.20% | 0.49% | 0.69% |  | 25.21% | 24.96% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 11 | 13.66 | 13.53 | 148 | 1.05% | 0.49% | 0.69% |  | (17.11)% | (16.79)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 12 | 16.48 | 16.27 | 193 | 0.96% | 0.49% | 0.49% |  | 23.85% | 21.58% |
| American Funds IS International Fund, Class 2 | American Funds IS International Fund, Class 2 | American Funds IS International Fund, Class 2 | American Funds IS International Fund, Class 2 | American Funds IS International Fund, Class 2 | American Funds IS International Fund, Class 2 | American Funds IS International Fund, Class 2 | American Funds IS International Fund, Class 2 | American Funds IS International Fund, Class 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 |  |  |  |  | 0.30% | 0.49% | 0.49% |  | 5.10% | 5.10% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 0 \* | 12.39 | 12.39 | 2 | 1.00% | 0.49% | 0.49% |  | 15.28% | 15.28% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 0 \* | 10.75 | 10.75 | 4 | 1.76% | 0.49% | 0.49% |  | (21.17)% | (20.42)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 0 \* | 13.63 | 13.50 | 6 | 2.44% | 0.49% | 0.49% |  | (1.98)% | (2.91)% |
| American Funds IS New World Fund, Class 2 | American Funds IS New World Fund, Class 2 | American Funds IS New World Fund, Class 2 | American Funds IS New World Fund, Class 2 | American Funds IS New World Fund, Class 2 | American Funds IS New World Fund, Class 2 | American Funds IS New World Fund, Class 2 | American Funds IS New World Fund, Class 2 | American Funds IS New World Fund, Class 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 8 | 22.84 | 22.84 | 175 | 1.06% | 0.49% | 0.49% |  | 27.67% | 27.67% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 10 | 17.89 | 18.07 | 176 | 1.37% | 0.49% | 0.69% |  | 6.03% | 8.75% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 11 | 16.87 | 16.61 | 183 | 1.46% | 0.49% | 0.69% |  | 15.43% | 15.20% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 11 | 14.61 | 14.42 | 167 | 1.36% | 0.49% | 0.69% |  | (22.48)% | (21.92)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 11 | 18.85 | 18.47 | 200 | 0.83% | 0.49% | 0.49% |  | 5.38% | 2.29% |
| American Funds IS The Bond Fund of America, Class 2 | American Funds IS The Bond Fund of America, Class 2 | American Funds IS The Bond Fund of America, Class 2 | American Funds IS The Bond Fund of America, Class 2 | American Funds IS The Bond Fund of America, Class 2 | American Funds IS The Bond Fund of America, Class 2 | American Funds IS The Bond Fund of America, Class 2 | American Funds IS The Bond Fund of America, Class 2 | American Funds IS The Bond Fund of America, Class 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 9 | 10.16 | 10.06 | 90 | 4.21% | 0.49% | 0.65% |  | 6.74% | 6.57% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 10 | 9.52 | 9.44 | 91 | 4.44% | 0.49% | 0.65% |  | 1.75% | 0.50% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 6 | 9.40 | 9.40 | 60 | 4.02% | 0.65% | 0.65% |  | 4.34% | 4.34% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 4 | 9.01 | 9.01 | 39 | 2.96% | 0.65% | 0.65% |  | (13.38)% | (12.86)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 4 | 10.40 | 10.34 | 45 | 1.41% | 0.49% | 0.49% |  | (0.69)% | (1.28)% |
| BlackRock Global Allocation V.I. Fund, Class I | BlackRock Global Allocation V.I. Fund, Class I | BlackRock Global Allocation V.I. Fund, Class I | BlackRock Global Allocation V.I. Fund, Class I | BlackRock Global Allocation V.I. Fund, Class I | BlackRock Global Allocation V.I. Fund, Class I | BlackRock Global Allocation V.I. Fund, Class I | BlackRock Global Allocation V.I. Fund, Class I | BlackRock Global Allocation V.I. Fund, Class I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 17 | 19.43 | 18.99 | 319 | 3.53% | 0.49% | 0.69% |  | 19.21% | 18.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 17 | 16.30 | 15.96 | 274 | 1.36% | 0.49% | 0.69% |  | 8.70% | 8.48% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 18 | 15.00 | 14.71 | 260 | 2.17% | 0.49% | 0.69% |  | 12.28% | 12.05% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 20 | 13.36 | 13.12 | 264 | 0.00% | 0.49% | 0.85% |  | (16.33)% | (15.50)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 21 | 15.97 | 15.52 | 329 | 0.94% | 0.49% | 0.49% |  | 7.64% | 3.29% |

---

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | Low | High |
| BNY Mellon IP MidCap Stock Portfolio, Initial Shares | BNY Mellon IP MidCap Stock Portfolio, Initial Shares | BNY Mellon IP MidCap Stock Portfolio, Initial Shares | BNY Mellon IP MidCap Stock Portfolio, Initial Shares | BNY Mellon IP MidCap Stock Portfolio, Initial Shares | BNY Mellon IP MidCap Stock Portfolio, Initial Shares | BNY Mellon IP MidCap Stock Portfolio, Initial Shares | BNY Mellon IP MidCap Stock Portfolio, Initial Shares | BNY Mellon IP MidCap Stock Portfolio, Initial Shares |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 21 | $23.12 | $54.76 | $535 | 0.73% | 0.49% | 0.85% |  | 9.53% | 9.14% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 25 | 21.11 | 50.18 | 573 | 0.82% | 0.49% | 0.85% |  | 12.06% | 11.66% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 26 | 18.83 | 44.94 | 529 | 0.79% | 0.49% | 0.85% |  | 17.73% | 17.31% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 26 | 16.00 | 38.31 | 464 | 0.75% | 0.49% | 0.85% |  | (64.42)% | 110.43% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 29 | 44.96 | 18.20 | 590 | 0.61% | 0.49% | 0.49% |  | 24.82% | 21.89% |
| BNY Mellon VIF Appreciation Portfolio, Initial Shares | BNY Mellon VIF Appreciation Portfolio, Initial Shares | BNY Mellon VIF Appreciation Portfolio, Initial Shares | BNY Mellon VIF Appreciation Portfolio, Initial Shares | BNY Mellon VIF Appreciation Portfolio, Initial Shares | BNY Mellon VIF Appreciation Portfolio, Initial Shares | BNY Mellon VIF Appreciation Portfolio, Initial Shares | BNY Mellon VIF Appreciation Portfolio, Initial Shares | BNY Mellon VIF Appreciation Portfolio, Initial Shares |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 17 | 47.61 | 52.70 | 860 | 0.37% | 0.65% | 0.85% |  | 9.36% | 9.14% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 18 | 43.54 | 48.28 | 819 | 0.42% | 0.65% | 0.85% |  | 12.07% | 11.85% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 19 | 38.85 | 43.17 | 772 | 0.72% | 0.65% | 0.85% |  | 20.19% | 19.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 20 | 32.32 | 35.99 | 673 | 0.67% | 0.65% | 0.85% |  | (27.04)% | 38.62% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 20 | 44.30 | 25.96 | 841 | 0.43% | 0.49% | 0.49% |  | 26.06% | (17.41)% |
| BNY Mellon VIF Growth and Income Portfolio, Initial Shares | BNY Mellon VIF Growth and Income Portfolio, Initial Shares | BNY Mellon VIF Growth and Income Portfolio, Initial Shares | BNY Mellon VIF Growth and Income Portfolio, Initial Shares | BNY Mellon VIF Growth and Income Portfolio, Initial Shares | BNY Mellon VIF Growth and Income Portfolio, Initial Shares | BNY Mellon VIF Growth and Income Portfolio, Initial Shares | BNY Mellon VIF Growth and Income Portfolio, Initial Shares | BNY Mellon VIF Growth and Income Portfolio, Initial Shares |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 9 | 39.60 | 63.66 | 382 | 0.44% | 0.65% | 0.85% |  | 16.08% | 15.84% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 10 | 34.12 | 54.95 | 392 | 0.54% | 0.65% | 0.85% |  | 21.93% | 21.68% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 10 | 27.98 | 45.16 | 321 | 0.66% | 0.65% | 0.85% |  | 25.87% | 25.62% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 10 | 22.23 | 35.95 | 256 | 0.80% | 0.65% | 0.85% |  | (47.77)% | 38.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 10 | 42.56 | 25.87 | 302 | 0.48% | 0.49% | 0.49% |  | 24.57% | 22.94% |
| ClearBridge Variable Large Cap Growth Portfolio, Class I | ClearBridge Variable Large Cap Growth Portfolio, Class I | ClearBridge Variable Large Cap Growth Portfolio, Class I | ClearBridge Variable Large Cap Growth Portfolio, Class I | ClearBridge Variable Large Cap Growth Portfolio, Class I | ClearBridge Variable Large Cap Growth Portfolio, Class I | ClearBridge Variable Large Cap Growth Portfolio, Class I | ClearBridge Variable Large Cap Growth Portfolio, Class I | ClearBridge Variable Large Cap Growth Portfolio, Class I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 8 | 26.06 | 25.98 | 196 | 0.00% | 0.65% | 0.69% |  | 7.91% | 7.87% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 12 | 24.15 | 24.09 | 291 | 0.00% | 0.65% | 0.69% |  | 27.05% | 27.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 13 | 19.01 | 18.97 | 241 | 0.00% | 0.65% | 0.69% |  | 43.09% | 43.04% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 14 | 13.28 | 13.26 | 192 | 0.00% | 0.65% | 0.69% |  | (33.08)% | (32.31)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 13 | 19.85 | 19.59 | 247 | 0.00% | 0.49% | 0.49% |  | 21.99% | 20.26% |
| ClearBridge Variable Mid Cap Portfolio, Class I | ClearBridge Variable Mid Cap Portfolio, Class I | ClearBridge Variable Mid Cap Portfolio, Class I | ClearBridge Variable Mid Cap Portfolio, Class I | ClearBridge Variable Mid Cap Portfolio, Class I | ClearBridge Variable Mid Cap Portfolio, Class I | ClearBridge Variable Mid Cap Portfolio, Class I | ClearBridge Variable Mid Cap Portfolio, Class I | ClearBridge Variable Mid Cap Portfolio, Class I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 5 | 19.68 | 19.30 | 89 | 0.29% | 0.65% | 0.85% |  | 3.67% | 3.46% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 4 | 18.98 | 18.65 | 84 | 0.63% | 0.65% | 0.85% |  | 9.29% | 9.07% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 4 | 17.37 | 17.10 | 75 | 0.12% | 0.65% | 0.85% |  | 12.19% | 11.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 5 | 15.48 | 15.27 | 81 | 0.36% | 0.65% | 0.85% |  | (26.47)% | (25.95)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 5 | 21.05 | 20.63 | 102 | 0.02% | 0.49% | 0.49% |  | 30.25% | 26.43% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| ClearBridge Variable Small Cap Growth Portfolio, Class I | ClearBridge Variable Small Cap Growth Portfolio, Class I | ClearBridge Variable Small Cap Growth Portfolio, Class I | ClearBridge Variable Small Cap Growth Portfolio, Class I | ClearBridge Variable Small Cap Growth Portfolio, Class I | ClearBridge Variable Small Cap Growth Portfolio, Class I |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 4 | $22.00 | $22.00 | $85 | 0.00% | 0.65% | 0.65% | 8.52% | 8.52% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 4 | 20.28 | 20.28 | 77 | 0.00% | 0.65% | 0.65% | 3.82% | 3.82% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 4 | 19.53 | 19.53 | 72 | 0.00% | 0.65% | 0.65% | 7.70% | 7.70% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 5 | 18.13 | 18.13 | 96 | 0.00% | 0.65% | 0.65% | (30.06)% | (28.36)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 5 | 25.92 | 25.31 | 139 | 0.00% | 0.49% | 0.49% | 13.34% | 10.40% |
| Columbia VP Emerging Markets Fund, Class 2 | Columbia VP Emerging Markets Fund, Class 2 | Columbia VP Emerging Markets Fund, Class 2 | Columbia VP Emerging Markets Fund, Class 2 | Columbia VP Emerging Markets Fund, Class 2 | Columbia VP Emerging Markets Fund, Class 2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 1 | 14.44 | 14.44 | 14 | 0.06% | 0.69% | 0.69% | 29.97% | 29.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 1 | 11.11 | 11.11 | 13 | 1.02% | 0.69% | 0.69% | 4.72% | 4.72% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 1 | 10.61 | 10.61 | 12 | 0.00% | 0.69% | 0.69% | 8.45% | 8.45% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 1 | 9.78 | 9.78 | 11 | 0.00% | 0.69% | 0.69% | (33.76)% | (33.36)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 1 | 14.77 | 14.68 | 13 | 0.78% | 0.49% | 0.49% | (7.80)% | (8.36)% |
| Columbia VP Large Cap Growth Fund, Class 2 | Columbia VP Large Cap Growth Fund, Class 2 | Columbia VP Large Cap Growth Fund, Class 2 | Columbia VP Large Cap Growth Fund, Class 2 | Columbia VP Large Cap Growth Fund, Class 2 | Columbia VP Large Cap Growth Fund, Class 2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 27 | 42.77 | 41.31 | 1170 | 0.00% | 0.49% | 0.85% | 15.29% | 15.46% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 56 | 37.10 | 35.96 | 2053 | 0.00% | 0.49% | 0.85% | 30.37% | 29.90% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 58 | 28.46 | 27.69 | 1629 | 0.00% | 0.49% | 0.85% | 42.07% | 41.56% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 51 | 20.03 | 19.56 | 1018 | 0.00% | 0.49% | 0.85% | (31.87)% | (32.11)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 52 | 29.40 | 28.81 | 1531 | 0.00% | 0.49% | 0.49% | 29.89% | 25.14% |
| Columbia VP Seligman Global Technology Fund, Class 2 | Columbia VP Seligman Global Technology Fund, Class 2 | Columbia VP Seligman Global Technology Fund, Class 2 | Columbia VP Seligman Global Technology Fund, Class 2 | Columbia VP Seligman Global Technology Fund, Class 2 | Columbia VP Seligman Global Technology Fund, Class 2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 5 | 92.98 | 117.30 | 463 | 0.00% | 0.49% | 0.85% | 33.71% | 33.23% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 18 | 69.54 | 88.04 | 1449 | 0.00% | 0.49% | 0.85% | 25.96% | 25.50% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 26 | 55.21 | 70.15 | 1730 | 0.00% | 0.49% | 0.85% | 44.16% | 43.65% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 27 | 38.29 | 48.83 | 1229 | 0.00% | 0.49% | 0.85% | (48.15)% | (11.14)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 26 | 73.85 | 54.95 | 1822 | 0.29% | 0.49% | 0.49% | 40.51% | 34.29% |
| Columbia VP Small Cap Value Fund, Class 2 | Columbia VP Small Cap Value Fund, Class 2 | Columbia VP Small Cap Value Fund, Class 2 | Columbia VP Small Cap Value Fund, Class 2 | Columbia VP Small Cap Value Fund, Class 2 | Columbia VP Small Cap Value Fund, Class 2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 |  |  |  |  | 0.00% | 0.85% | 0.85% | (13.09)% | (13.09)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 2 | 47.09 | 47.91 | 98 | 0.50% | 0.65% | 0.85% | 2.84% | 7.75% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 2 | 45.79 | 44.47 | 107 | 0.45% | 0.65% | 0.85% | 20.88% | 20.64% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 3 | 37.88 | 36.86 | 100 | 0.46% | 0.65% | 0.85% | (9.56)% | 97.62% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 3 | 41.88 | 18.65 | 130 | 0.52% | 0.49% | 0.49% | 30.98% | (43.01)% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Delaware VIP International Series, Standard Class | Delaware VIP International Series, Standard Class | Delaware VIP International Series, Standard Class | Delaware VIP International Series, Standard Class | Delaware VIP International Series, Standard Class | Delaware VIP International Series, Standard Class | Delaware VIP International Series, Standard Class | Delaware VIP International Series, Standard Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 |  | $- | $- | $- | 1.42% | 0.49% | 0.69% | 1.80% | 1.74% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 8 | 10.06 | 10.00 | 85 | 1.37% | 0.49% | 0.69% | 13.03% | 12.80% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 9 | 8.90 | 8.87 | 76 | 1.55% | 0.49% | 0.69% | (17.74)% | (17.76)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 9 | 10.82 | 10.78 | 98 | 0.95% | 0.49% | 0.49% | 6.35% | 5.94% |
| Dimensional VA US Targeted Value Portfolio, Institutional | Dimensional VA US Targeted Value Portfolio, Institutional | Dimensional VA US Targeted Value Portfolio, Institutional | Dimensional VA US Targeted Value Portfolio, Institutional | Dimensional VA US Targeted Value Portfolio, Institutional | Dimensional VA US Targeted Value Portfolio, Institutional |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 7 | 25.84 | 25.24 | 192 | 1.88% | 0.49% | 0.69% | 8.41% | 8.20% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 7 | 23.83 | 23.33 | 175 | 1.29% | 0.49% | 0.69% | 7.61% | 7.39% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 9 | 22.15 | 21.73 | 198 | 1.63% | 0.49% | 0.69% | 19.45% | 19.21% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 9 | 18.54 | 18.23 | 169 | 1.35% | 0.49% | 0.69% | (4.68)% | (4.87)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 10 | 19.45 | 19.16 | 188 | 1.44% | 0.49% | 0.49% | 40.84% | 36.90% |
| DWS Capital Growth VIP, Class A | DWS Capital Growth VIP, Class A | DWS Capital Growth VIP, Class A | DWS Capital Growth VIP, Class A | DWS Capital Growth VIP, Class A | DWS Capital Growth VIP, Class A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 14 | 46.26 | 71.75 | 886 | 0.05% | 0.65% | 0.85% | 11.80% | 11.58% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 27 | 41.38 | 64.31 | 1574 | 0.19% | 0.65% | 0.85% | 25.79% | 25.54% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 26 | 32.90 | 51.23 | 1198 | 0.07% | 0.65% | 0.85% | 37.68% | 37.41% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 35 | 23.89 | 37.28 | 1173 | 0.09% | 0.65% | 0.85% | (55.99)% | 9.01% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 36 | 54.28 | 34.20 | 1843 | 0.24% | 0.49% | 0.49% | 21.74% | 20.14% |
| DWS Core Equity VIP, Class A | DWS Core Equity VIP, Class A | DWS Core Equity VIP, Class A | DWS Core Equity VIP, Class A | DWS Core Equity VIP, Class A | DWS Core Equity VIP, Class A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 7 | 38.49 | 56.15 | 305 | 0.80% | 0.49% | 0.85% | 16.26% | 15.84% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 7 | 33.10 | 48.47 | 277 | 0.82% | 0.49% | 0.85% | 19.49% | 19.06% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 14 | 27.70 | 40.71 | 439 | 0.91% | 0.49% | 0.85% | 24.96% | 24.51% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 13 | 22.17 | 32.70 | 337 | 0.81% | 0.49% | 0.85% | (44.74)% | 27.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 14 | 40.12 | 25.66 | 428 | 0.77% | 0.49% | 0.49% | 27.68% | 21.33% |
| DWS CROCI U.S. VIP, Class A | DWS CROCI U.S. VIP, Class A | DWS CROCI U.S. VIP, Class A | DWS CROCI U.S. VIP, Class A | DWS CROCI U.S. VIP, Class A | DWS CROCI U.S. VIP, Class A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 2 | 33.10 | 33.10 | 56 | 1.35% | 0.85% | 0.85% | 16.20% | 16.20% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 2 | 28.48 | 28.48 | 52 | 1.24% | 0.85% | 0.85% | 16.76% | 16.76% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 2 | 24.39 | 24.39 | 47 | 1.70% | 0.85% | 0.85% | 19.74% | 19.74% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 2 | 20.37 | 20.37 | 45 | 1.39% | 0.85% | 0.85% | (16.11)% | 42.55% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 5 | 24.28 | 14.29 | 110 | 1.89% | 0.49% | 0.49% | 25.62% | (4.47)% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| DWS Global Small Cap VIP, Class A | DWS Global Small Cap VIP, Class A | DWS Global Small Cap VIP, Class A | DWS Global Small Cap VIP, Class A | DWS Global Small Cap VIP, Class A | DWS Global Small Cap VIP, Class A | DWS Global Small Cap VIP, Class A | DWS Global Small Cap VIP, Class A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 5 | $17.19 | $17.19 | $80 | 1.18% | 0.65% | 0.65% | 19.73% | 19.73% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 5 | 14.36 | 14.37 | 67 | 1.48% | 0.65% | 0.65% | 4.99% | 5.08% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 6 | 13.67 | 13.69 | 80 | 0.88% | 0.65% | 0.65% | 23.76% | 23.76% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 6 | 11.04 | 11.06 | 64 | 0.55% | 0.65% | 0.65% | (25.46)% | (23.28)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 6 | 14.81 | 14.42 | 85 | 0.36% | 0.49% | 0.49% | 15.42% | 12.31% |
| DWS Small Cap Index VIP, Class A | DWS Small Cap Index VIP, Class A | DWS Small Cap Index VIP, Class A | DWS Small Cap Index VIP, Class A | DWS Small Cap Index VIP, Class A | DWS Small Cap Index VIP, Class A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 31 | 23.40 | 59.69 | 1006 | 1.38% | 0.49% | 0.85% | 12.09% | 11.68% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 33 | 20.88 | 53.45 | 954 | 1.24% | 0.49% | 0.85% | 10.61% | 10.21% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 44 | 18.87 | 48.50 | 1114 | 1.14% | 0.49% | 0.85% | 16.19% | 15.77% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 52 | 16.24 | 41.89 | 1110 | 0.90% | 0.49% | 0.85% | (69.48)% | 109.29% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 54 | 53.23 | 20.01 | 1427 | 0.73% | 0.49% | 0.49% | 13.53% | 10.87% |
| DWS Small Mid Cap Growth VIP, Class A | DWS Small Mid Cap Growth VIP, Class A | DWS Small Mid Cap Growth VIP, Class A | DWS Small Mid Cap Growth VIP, Class A | DWS Small Mid Cap Growth VIP, Class A | DWS Small Mid Cap Growth VIP, Class A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 0 \* | 20.37 | 20.37 | 3 | 0.00% | 0.65% | 0.65% | 7.41% | 7.41% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 0 \* | 18.96 | 18.96 | 2 | 0.00% | 0.65% | 0.65% | 4.46% | 4.46% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 0 \* | 18.15 | 18.15 | 2 | 0.03% | 0.65% | 0.65% | 18.06% | 18.06% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 0 \* | 15.37 | 15.37 | 2 | 0.00% | 0.65% | 0.65% | (28.57)% | (26.59)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 1 | 21.52 | 20.94 | 24 | 0.04% | 0.49% | 0.49% | 13.24% | 10.19% |
| DWS Small Mid Cap Value VIP, Class A | DWS Small Mid Cap Value VIP, Class A | DWS Small Mid Cap Value VIP, Class A | DWS Small Mid Cap Value VIP, Class A | DWS Small Mid Cap Value VIP, Class A | DWS Small Mid Cap Value VIP, Class A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 4 | 30.74 | 30.63 | 111 | 0.97% | 0.65% | 0.85% | 17.45% | 17.21% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 4 | 26.17 | 26.13 | 95 | 1.40% | 0.65% | 0.85% | 5.52% | 5.30% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 5 | 24.80 | 24.82 | 121 | 1.15% | 0.65% | 0.85% | 14.21% | 13.98% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 5 | 21.72 | 21.77 | 108 | 0.85% | 0.65% | 0.85% | (16.73)% | 34.35% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 5 | 26.08 | 16.21 | 131 | 1.47% | 0.49% | 0.49% | 29.40% | (19.06)% |
| Empower Aggressive Profile Fund, Investor Class | Empower Aggressive Profile Fund, Investor Class | Empower Aggressive Profile Fund, Investor Class | Empower Aggressive Profile Fund, Investor Class | Empower Aggressive Profile Fund, Investor Class | Empower Aggressive Profile Fund, Investor Class |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 |  |  |  |  | 0.00% | 0.49% | 0.49% | 18.87% | 18.43% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Empower Bond Index Fund, Investor Class | Empower Bond Index Fund, Investor Class | Empower Bond Index Fund, Investor Class | Empower Bond Index Fund, Investor Class | Empower Bond Index Fund, Investor Class | Empower Bond Index Fund, Investor Class | Empower Bond Index Fund, Investor Class | Empower Bond Index Fund, Investor Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 54 | $10.83 | $10.67 | $581 | 2.48% | 0.49% | 0.69% | 6.10% | 5.88% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 70 | 10.21 | 10.08 | 717 | 2.33% | 0.49% | 0.69% | 0.33% | 0.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 63 | 10.18 | 10.06 | 645 | 2.01% | 0.49% | 0.69% | 4.51% | 4.30% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 67 | 9.74 | 9.65 | 652 | 1.11% | 0.49% | 0.69% | (14.10)% | (13.77)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 84 | 11.34 | 11.19 | 947 | 0.80% | 0.49% | 0.49% | (2.34)% | (4.15)% |
| Empower Conservative Profile Fund, Investor Class | Empower Conservative Profile Fund, Investor Class | Empower Conservative Profile Fund, Investor Class | Empower Conservative Profile Fund, Investor Class | Empower Conservative Profile Fund, Investor Class | Empower Conservative Profile Fund, Investor Class |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 115 | 13.19 | 13.19 | 1514 | 2.63% | 0.65% | 0.65% | 7.49% | 7.49% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 119 | 12.27 | 12.27 | 1462 | 3.08% | 0.65% | 0.65% | 4.40% | 4.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 123 | 11.75 | 11.75 | 1449 | 3.08% | 0.65% | 0.65% | 7.55% | 7.55% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 127 | 10.93 | 10.93 | 1393 | 1.80% | 0.65% | 0.65% | (11.04)% | (9.86)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 132 | 12.29 | 12.12 | 1608 | 2.43% | 0.49% | 0.49% | 6.29% | 4.89% |
| Empower International Index Fund, Investor Class | Empower International Index Fund, Investor Class | Empower International Index Fund, Investor Class | Empower International Index Fund, Investor Class | Empower International Index Fund, Investor Class | Empower International Index Fund, Investor Class |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 8 | 16.67 | 16.45 | 134 | 2.40% | 0.49% | 0.69% | 30.28% | 30.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 8 | 12.79 | 12.65 | 101 | 2.01% | 0.49% | 0.69% | 2.41% | 2.21% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 7 | 12.49 | 12.38 | 89 | 2.38% | 0.49% | 0.69% | 16.94% | 16.71% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 7 | 10.68 | 10.60 | 79 | 1.74% | 0.49% | 0.69% | (15.16)% | (14.96)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 4 | 12.59 | 12.47 | 48 | 0.86% | 0.49% | 0.49% | 10.50% | 9.44% |
| Empower International Value Fund, Investor Class | Empower International Value Fund, Investor Class | Empower International Value Fund, Investor Class | Empower International Value Fund, Investor Class | Empower International Value Fund, Investor Class | Empower International Value Fund, Investor Class |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 2 | 20.70 | 20.70 | 46 | 1.66% | 0.49% | 0.49% | 38.42% | 38.42% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 2 | 14.96 | 14.96 | 34 | 0.00% | 0.49% | 0.49% | 0.00% | 0.00% |
| Empower Lifetime 2015 Fund, Investor Class | Empower Lifetime 2015 Fund, Investor Class | Empower Lifetime 2015 Fund, Investor Class | Empower Lifetime 2015 Fund, Investor Class | Empower Lifetime 2015 Fund, Investor Class | Empower Lifetime 2015 Fund, Investor Class |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 4 | 14.40 | 14.40 | 60 | 2.60% | 0.65% | 0.65% | 9.43% | 9.43% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 4 | 13.16 | 13.16 | 55 | 2.66% | 0.65% | 0.65% | 5.73% | 5.73% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 4 | 12.45 | 12.45 | 52 | 2.97% | 0.65% | 0.65% | 9.62% | 9.62% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 4 | 11.35 | 11.35 | 47 | 1.99% | 0.65% | 0.65% | (13.34)% | (12.19)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 4 | 13.10 | 12.93 | 54 | 2.14% | 0.49% | 0.49% | 8.41% | 6.99% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Empower Lifetime 2020 Fund, Investor Class | Empower Lifetime 2020 Fund, Investor Class | Empower Lifetime 2020 Fund, Investor Class | Empower Lifetime 2020 Fund, Investor Class | Empower Lifetime 2020 Fund, Investor Class | Empower Lifetime 2020 Fund, Investor Class | Empower Lifetime 2020 Fund, Investor Class | Empower Lifetime 2020 Fund, Investor Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 5 | $14.71 | $14.71 | $79 | 2.75% | 0.65% | 0.65% | 9.97% | 9.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 5 | 13.38 | 13.38 | 72 | 2.89% | 0.65% | 0.65% | 6.25% | 6.25% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 5 | 12.59 | 12.59 | 68 | 2.75% | 0.65% | 0.65% | 10.25% | 10.25% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 5 | 11.42 | 11.42 | 62 | 2.04% | 0.65% | 0.65% | (14.02)% | (12.88)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 5 | 13.28 | 13.11 | 71 | 2.30% | 0.49% | 0.49% | 9.10% | 7.66% |
| Empower Lifetime 2025 Fund, Investor Class | Empower Lifetime 2025 Fund, Investor Class | Empower Lifetime 2025 Fund, Investor Class | Empower Lifetime 2025 Fund, Investor Class | Empower Lifetime 2025 Fund, Investor Class | Empower Lifetime 2025 Fund, Investor Class |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 4 | 15.22 | 15.22 | 60 | 2.41% | 0.65% | 0.65% | 10.98% | 10.98% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 4 | 13.71 | 13.71 | 54 | 2.44% | 0.65% | 0.65% | 6.63% | 6.63% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 4 | 12.86 | 12.86 | 50 | 2.40% | 0.65% | 0.65% | 11.19% | 11.19% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 4 | 11.57 | 11.57 | 45 | 1.68% | 0.65% | 0.65% | (14.89)% | (13.76)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 4 | 13.59 | 13.41 | 53 | 2.18% | 0.49% | 0.49% | 10.09% | 8.65% |
| Empower Lifetime 2030 Fund, Investor Class | Empower Lifetime 2030 Fund, Investor Class | Empower Lifetime 2030 Fund, Investor Class | Empower Lifetime 2030 Fund, Investor Class | Empower Lifetime 2030 Fund, Investor Class | Empower Lifetime 2030 Fund, Investor Class |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 2 | 15.85 | 15.85 | 29 | 2.62% | 0.65% | 0.65% | 12.24% | 12.24% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 2 | 14.12 | 14.12 | 26 | 2.82% | 0.65% | 0.65% | 7.36% | 7.36% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 2 | 13.16 | 13.16 | 24 | 2.61% | 0.65% | 0.65% | 12.34% | 12.34% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 2 | 11.71 | 11.71 | 22 | 1.85% | 0.65% | 0.65% | (15.67)% | (14.55)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 2 | 13.89 | 13.70 | 25 | 2.53% | 0.49% | 0.49% | 11.53% | 10.06% |
| Empower Mid Cap Value Fund, Investor Class | Empower Mid Cap Value Fund, Investor Class | Empower Mid Cap Value Fund, Investor Class | Empower Mid Cap Value Fund, Investor Class | Empower Mid Cap Value Fund, Investor Class | Empower Mid Cap Value Fund, Investor Class |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 2 | 22.38 | 22.03 | 40 | 4.27% | 0.49% | 0.65% | 7.79% | 7.62% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 2 | 20.76 | 20.47 | 43 | 7.37% | 0.49% | 0.65% | 15.11% | 14.93% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 2 | 18.03 | 17.81 | 42 | 0.49% | 0.49% | 0.65% | 14.59% | 14.41% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 2 | 15.74 | 15.57 | 38 | 0.61% | 0.49% | 0.65% | (12.19)% | (11.33)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 3 | 17.92 | 17.56 | 45 | 16.63% | 0.49% | 0.49% | 30.51% | 26.92% |
| Empower Moderate Profile Fund, Investor Class | Empower Moderate Profile Fund, Investor Class | Empower Moderate Profile Fund, Investor Class | Empower Moderate Profile Fund, Investor Class | Empower Moderate Profile Fund, Investor Class | Empower Moderate Profile Fund, Investor Class |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 189 | 15.83 | 15.59 | 2971 | 2.40% | 0.49% | 0.69% | 11.41% | 4.69% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 181 | 14.21 | 14.06 | 2568 | 2.87% | 0.49% | 0.65% | 7.42% | 7.24% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 230 | 13.23 | 13.11 | 3036 | 3.56% | 0.49% | 0.65% | 11.39% | 11.21% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 233 | 11.88 | 11.79 | 2755 | 2.21% | 0.49% | 0.65% | (12.45)% | (11.95)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 245 | 13.57 | 13.39 | 3317 | 3.37% | 0.49% | 0.49% | 11.91% | 9.97% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Empower Moderately Aggressive Profile Fund, Investor Class | Empower Moderately Aggressive Profile Fund, Investor Class | Empower Moderately Aggressive Profile Fund, Investor Class | Empower Moderately Aggressive Profile Fund, Investor Class | Empower Moderately Aggressive Profile Fund, Investor Class | Empower Moderately Aggressive Profile Fund, Investor Class |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 7 | $16.69 | $16.69 | $114 | 2.11% | 0.65% | 0.65% | 13.06% | 13.06% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 7 | 14.76 | 14.76 | 103 | 2.84% | 0.65% | 0.65% | 8.63% | 8.63% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 8 | 13.59 | 13.59 | 105 | 2.25% | 0.65% | 0.65% | 12.87% | 12.87% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 8 | 12.04 | 12.04 | 96 | 1.54% | 0.65% | 0.65% | (14.16)% | (13.02)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 8 | 14.02 | 13.84 | 118 | 4.52% | 0.49% | 0.49% | 14.18% | 12.68% |
| Empower Moderately Conservative Profile Fund, Investor Class | Empower Moderately Conservative Profile Fund, Investor Class | Empower Moderately Conservative Profile Fund, Investor Class | Empower Moderately Conservative Profile Fund, Investor Class | Empower Moderately Conservative Profile Fund, Investor Class | Empower Moderately Conservative Profile Fund, Investor Class |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 56 | 14.32 | 14.32 | 800 | 2.05% | 0.65% | 0.65% | 9.32% | 9.32% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 80 | 13.10 | 13.10 | 1045 | 2.85% | 0.65% | 0.65% | 5.76% | 5.76% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 83 | 12.39 | 12.39 | 1032 | 2.77% | 0.65% | 0.65% | 9.19% | 9.19% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 122 | 11.34 | 11.34 | 1385 | 1.72% | 0.65% | 0.65% | (11.91)% | (10.74)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 126 | 12.88 | 12.71 | 1654 | 3.03% | 0.49% | 0.49% | 9.06% | 7.63% |
| Empower Multi-Sector Bond Fund, Investor Class | Empower Multi-Sector Bond Fund, Investor Class | Empower Multi-Sector Bond Fund, Investor Class | Empower Multi-Sector Bond Fund, Investor Class | Empower Multi-Sector Bond Fund, Investor Class | Empower Multi-Sector Bond Fund, Investor Class |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 94 | 13.68 | 13.21 | 1278 | 3.11% | 0.49% | 0.85% | 7.46% | 7.07% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 111 | 12.73 | 12.34 | 1409 | 3.61% | 0.49% | 0.85% | 4.63% | 4.25% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 103 | 12.16 | 11.83 | 1249 | 3.23% | 0.49% | 0.85% | 7.35% | 6.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 106 | 11.33 | 11.06 | 1197 | 2.36% | 0.49% | 0.85% | (11.85)% | (12.16)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 100 | 12.85 | 12.59 | 1287 | 2.39% | 0.49% | 0.49% | 2.10% | (1.63)% |
| Empower Real Estate Index Fund, Investor Class | Empower Real Estate Index Fund, Investor Class | Empower Real Estate Index Fund, Investor Class | Empower Real Estate Index Fund, Investor Class | Empower Real Estate Index Fund, Investor Class | Empower Real Estate Index Fund, Investor Class |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 16 | 12.00 | 12.00 | 187 | 1.72% | 0.65% | 0.65% | 2.49% | 2.49% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 14 | 11.71 | 11.71 | 166 | 2.71% | 0.65% | 0.65% | 6.84% | 6.84% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 13 | 10.96 | 10.96 | 143 | 1.83% | 0.65% | 0.65% | 12.57% | 12.57% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 12 | 9.74 | 9.74 | 117 | 1.76% | 0.65% | 0.65% | (26.88)% | (26.49)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 11 | 13.31 | 13.24 | 145 | 0.65% | 0.65% | 0.65% | 43.37% | 42.61% |
| Empower SecureFoundation Balanced Fund, Investor Class | Empower SecureFoundation Balanced Fund, Investor Class | Empower SecureFoundation Balanced Fund, Investor Class | Empower SecureFoundation Balanced Fund, Investor Class | Empower SecureFoundation Balanced Fund, Investor Class | Empower SecureFoundation Balanced Fund, Investor Class |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 801 | 19.77 | 18.96 | 15522 | 2.74% | 0.49% | 0.85% | 12.38% | 11.98% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 866 | 17.59 | 16.93 | 14966 | 2.10% | 0.49% | 0.85% | 7.65% | 7.26% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 1002 | 16.34 | 15.78 | 16109 | 2.15% | 0.49% | 0.85% | 12.63% | 12.23% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 1084 | 14.51 | 14.06 | 15492 | 1.59% | 0.49% | 0.85% | (14.93)% | (15.23)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 1154 | 17.05 | 16.59 | 19419 | 2.02% | 0.49% | 0.49% | 13.23% | 7.60% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Empower T. Rowe Price Mid Cap Growth Fund, Investor Class | Empower T. Rowe Price Mid Cap Growth Fund, Investor Class | Empower T. Rowe Price Mid Cap Growth Fund, Investor Class | Empower T. Rowe Price Mid Cap Growth Fund, Investor Class | Empower T. Rowe Price Mid Cap Growth Fund, Investor Class | Empower T. Rowe Price Mid Cap Growth Fund, Investor Class |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 3 | $20.60 | $20.31 | $61 | 0.00% | 0.49% | 0.65% | 2.49% | 2.32% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 3 | 20.10 | 19.55 | 63 | 0.00% | 0.49% | 0.69% | 8.52% | 6.98% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 5 | 18.52 | 18.27 | 83 | 0.00% | 0.49% | 0.69% | 19.34% | 19.10% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 3 | 15.52 | 15.34 | 53 | 0.02% | 0.49% | 0.69% | (23.17)% | (22.75)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 4 | 20.20 | 19.86 | 83 | 0.18% | 0.49% | 0.49% | 15.13% | 12.35% |
| Federated Hermes Fund for U.S. Government Securities II | Federated Hermes Fund for U.S. Government Securities II | Federated Hermes Fund for U.S. Government Securities II | Federated Hermes Fund for U.S. Government Securities II | Federated Hermes Fund for U.S. Government Securities II | Federated Hermes Fund for U.S. Government Securities II |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 100 | 10.73 | 20.03 | 1381 | 3.85% | 0.49% | 0.85% | 6.28% | 5.90% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 99 | 10.09 | 18.91 | 1278 | 3.39% | 0.49% | 0.85% | 0.09% | (0.28)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 178 | 10.08 | 18.96 | 2068 | 2.49% | 0.49% | 0.85% | 3.68% | 3.31% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 179 | 9.73 | 18.36 | 2011 | 1.91% | 0.49% | 0.85% | (54.05)% | 68.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 193 | 21.17 | 10.88 | 2534 | 1.97% | 0.49% | 0.49% | (2.87)% | (5.15)% |
| Federated Hermes Managed Volatility Fund II, Primary Shares | Federated Hermes Managed Volatility Fund II, Primary Shares | Federated Hermes Managed Volatility Fund II, Primary Shares | Federated Hermes Managed Volatility Fund II, Primary Shares | Federated Hermes Managed Volatility Fund II, Primary Shares | Federated Hermes Managed Volatility Fund II, Primary Shares |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 1 | 34.46 | 34.46 | 52 | 2.92% | 0.85% | 0.85% | 6.13% | 6.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 1 | 32.47 | 32.47 | 54 | 3.17% | 0.85% | 0.85% | 14.57% | 14.57% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 3 | 28.34 | 28.34 | 85 | 1.91% | 0.85% | 0.85% | 7.76% | 7.76% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 3 | 26.30 | 26.30 | 87 | 1.88% | 0.85% | 0.85% | (14.48)% | (14.48)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 3 | 30.75 | 30.75 | 114 | 1.77% | 0.85% | 0.85% | 17.50% | 17.50% |
| Franklin Small Cap Value VIP Fund, Class 2 | Franklin Small Cap Value VIP Fund, Class 2 | Franklin Small Cap Value VIP Fund, Class 2 | Franklin Small Cap Value VIP Fund, Class 2 | Franklin Small Cap Value VIP Fund, Class 2 | Franklin Small Cap Value VIP Fund, Class 2 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 15 | 22.29 | 34.61 | 417 | 1.08% | 0.49% | 0.85% | 7.13% | 6.74% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 20 | 20.81 | 32.42 | 549 | 0.93% | 0.49% | 0.85% | 11.16% | 10.75% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 26 | 18.72 | 29.27 | 617 | 0.52% | 0.49% | 0.85% | 12.20% | 11.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 26 | 16.68 | 26.18 | 553 | 0.98% | 0.49% | 0.85% | (44.52)% | 44.35% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 29 | 30.07 | 18.14 | 677 | 1.00% | 0.49% | 0.49% | 27.31% | 21.39% |
| Invesco V.I. Comstock Fund, Series I | Invesco V.I. Comstock Fund, Series I | Invesco V.I. Comstock Fund, Series I | Invesco V.I. Comstock Fund, Series I | Invesco V.I. Comstock Fund, Series I | Invesco V.I. Comstock Fund, Series I |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 3 | 43.31 | 49.57 | 151 | 1.52% | 0.85% | 0.85% | 16.45% | 16.45% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 5 | 21.71 | 42.57 | 195 | 1.46% | 0.65% | 0.85% | 2.10% | 14.20% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 8 | 21.26 | 37.28 | 287 | 1.83% | 0.65% | 0.85% | 11.63% | 11.41% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 9 | 19.04 | 33.46 | 288 | 1.63% | 0.65% | 0.85% | (42.93)% | 79.22% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 10 | 33.37 | 18.67 | 297 | 1.93% | 0.49% | 0.49% | 32.23% | (17.43)% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Invesco V.I. Core Equity Fund, Series I | Invesco V.I. Core Equity Fund, Series I | Invesco V.I. Core Equity Fund, Series I | Invesco V.I. Core Equity Fund, Series I | Invesco V.I. Core Equity Fund, Series I | Invesco V.I. Core Equity Fund, Series I | Invesco V.I. Core Equity Fund, Series I | Invesco V.I. Core Equity Fund, Series I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 2 | $69.80 | $69.80 | $144 | 0.65% | 0.85% | 0.85% | 15.18% | 15.18% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 2 | 60.60 | 60.60 | 137 | 0.67% | 0.85% | 0.85% | 24.54% | 24.54% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 3 | 48.66 | 48.66 | 131 | 0.73% | 0.85% | 0.85% | 22.32% | 22.32% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 3 | 39.78 | 39.78 | 121 | 0.91% | 0.85% | 0.85% | (21.22)% | (21.22)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 3 | 50.49 | 50.49 | 248 | 0.67% | 0.85% | 0.85% | 26.66% | 26.66% |
| Invesco V.I. EQV International Equity Fund, Series I | Invesco V.I. EQV International Equity Fund, Series I | Invesco V.I. EQV International Equity Fund, Series I | Invesco V.I. EQV International Equity Fund, Series I | Invesco V.I. EQV International Equity Fund, Series I | Invesco V.I. EQV International Equity Fund, Series I |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 18 | 19.64 | 22.64 | 385 | 1.40% | 0.65% | 0.85% | 15.74% | 15.51% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 27 | 16.97 | 19.60 | 501 | 1.79% | 0.65% | 0.85% | (0.04)% | (0.24)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 26 | 16.97 | 19.65 | 488 | 0.21% | 0.65% | 0.85% | 17.38% | 17.15% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 29 | 14.46 | 16.77 | 462 | 1.77% | 0.65% | 0.85% | (30.16)% | 17.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 29 | 20.71 | 14.22 | 570 | 1.30% | 0.49% | 0.49% | 4.99% | (16.05)% |
| Invesco V.I. Global Fund, Series I | Invesco V.I. Global Fund, Series I | Invesco V.I. Global Fund, Series I | Invesco V.I. Global Fund, Series I | Invesco V.I. Global Fund, Series I | Invesco V.I. Global Fund, Series I |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 12 | 27.65 | 72.75 | 688 | 0.00% | 0.49% | 0.85% | 14.76% | 14.35% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 14 | 24.10 | 63.62 | 796 | 0.00% | 0.49% | 0.85% | 15.50% | 15.46% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 17 | 20.86 | 55.29 | 821 | 0.22% | 0.49% | 0.85% | 34.08% | 33.60% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 20 | 15.56 | 41.38 | 700 | 0.00% | 0.49% | 0.85% | (74.56)% | 85.59% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 31 | 61.17 | 22.30 | 1268 | 0.00% | 0.49% | 0.49% | 14.51% | 11.83% |
| Invesco V.I. Growth and Income Fund, Series I | Invesco V.I. Growth and Income Fund, Series I | Invesco V.I. Growth and Income Fund, Series I | Invesco V.I. Growth and Income Fund, Series I | Invesco V.I. Growth and Income Fund, Series I | Invesco V.I. Growth and Income Fund, Series I |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 9 | 26.49 | 47.12 | 287 | 1.49% | 0.65% | 0.85% | 14.87% | 14.64% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 9 | 22.28 | 41.11 | 251 | 1.25% | 0.49% | 0.85% | 9.68% | 15.01% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 16 | 20.32 | 35.74 | 394 | 1.53% | 0.49% | 0.85% | 12.11% | 11.71% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 20 | 18.12 | 31.99 | 469 | 1.61% | 0.49% | 0.85% | (47.06)% | 70.16% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 21 | 34.24 | 18.80 | 555 | 1.50% | 0.49% | 0.49% | 27.42% | 24.43% |
| Invesco V.I. High Yield Fund, Series I | Invesco V.I. High Yield Fund, Series I | Invesco V.I. High Yield Fund, Series I | Invesco V.I. High Yield Fund, Series I | Invesco V.I. High Yield Fund, Series I | Invesco V.I. High Yield Fund, Series I |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 5 | 14.33 | 13.75 | 73 | 6.91% | 0.49% | 0.85% | 6.20% | 5.85% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 5 | 13.50 | 26.41 | 73 | 5.59% | 0.49% | 0.85% | 7.20% | 0.89% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 6 | 12.59 | 26.18 | 79 | 5.31% | 0.49% | 0.85% | 9.64% | 9.25% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 6 | 11.48 | 23.97 | 73 | 2.19% | 0.49% | 0.85% | (57.03)% | 93.04% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 11 | 26.72 | 12.42 | 139 | 4.79% | 0.49% | 0.49% | 3.50% | 1.07% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Invesco V.I. International Growth Fund, Series I | Invesco V.I. International Growth Fund, Series I | Invesco V.I. International Growth Fund, Series I | Invesco V.I. International Growth Fund, Series I | Invesco V.I. International Growth Fund, Series I | Invesco V.I. International Growth Fund, Series I | Invesco V.I. International Growth Fund, Series I | Invesco V.I. International Growth Fund, Series I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 3 | $15.28 | $19.45 | $51 | 0.36% | 0.49% | 0.85% | 15.75% | 15.34% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 4 | 13.20 | 16.86 | 57 | 0.69% | 0.49% | 0.85% | (2.15)% | (2.51)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 8 | 13.49 | 17.30 | 129 | 0.58% | 0.49% | 0.85% | 20.47% | 20.04% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 10 | 11.20 | 14.41 | 129 | 0.00% | 0.49% | 0.85% | (45.36)% | (4.11)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 10 | 20.49 | 15.03 | 182 | 0.00% | 0.49% | 0.49% | 12.31% | 6.72% |
| Invesco V.I. Main Street Mid Cap Fund, Series I | Invesco V.I. Main Street Mid Cap Fund, Series I | Invesco V.I. Main Street Mid Cap Fund, Series I | Invesco V.I. Main Street Mid Cap Fund, Series I | Invesco V.I. Main Street Mid Cap Fund, Series I | Invesco V.I. Main Street Mid Cap Fund, Series I |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 1 | 40.79 | 40.78 | 24 | 0.09% | 0.65% | 0.85% | 4.97% | 8.27% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 3 | 38.86 | 37.66 | 123 | 0.34% | 0.65% | 0.85% | 16.30% | 16.07% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 3 | 33.41 | 32.45 | 105 | 0.28% | 0.65% | 0.85% | 13.73% | 13.50% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 4 | 29.38 | 28.59 | 119 | 0.36% | 0.65% | 0.85% | (14.81)% | 62.49% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 4 | 34.49 | 17.59 | 140 | 0.45% | 0.49% | 0.49% | 25.33% | (37.53)% |
| Invesco V.I. Main Street Small Cap Fund, Series I | Invesco V.I. Main Street Small Cap Fund, Series I | Invesco V.I. Main Street Small Cap Fund, Series I | Invesco V.I. Main Street Small Cap Fund, Series I | Invesco V.I. Main Street Small Cap Fund, Series I | Invesco V.I. Main Street Small Cap Fund, Series I |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 12 | 26.68 | 25.60 | 317 | 0.46% | 0.49% | 0.85% | 8.17% | 7.78% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 12 | 24.67 | 23.75 | 291 | 0.00% | 0.49% | 0.85% | 12.13% | 11.73% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 11 | 22.00 | 21.26 | 248 | 1.18% | 0.49% | 0.85% | 17.55% | 17.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 11 | 18.72 | 18.15 | 211 | 0.54% | 0.49% | 0.85% | (16.29)% | (16.55)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 11 | 22.36 | 21.74 | 254 | 0.37% | 0.49% | 0.49% | 24.95% | 18.67% |
| Invesco V.I. Small Cap Equity Fund, Series I | Invesco V.I. Small Cap Equity Fund, Series I | Invesco V.I. Small Cap Equity Fund, Series I | Invesco V.I. Small Cap Equity Fund, Series I | Invesco V.I. Small Cap Equity Fund, Series I | Invesco V.I. Small Cap Equity Fund, Series I |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 5 | 23.47 | 51.21 | 160 | 0.00% | 0.49% | 0.85% | 7.52% | 7.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 5 | 21.83 | 47.80 | 149 | 0.13% | 0.49% | 0.85% | 17.51% | 17.09% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 5 | 18.58 | 40.82 | 127 | 0.00% | 0.49% | 0.85% | 16.01% | 15.59% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 5 | 16.02 | 35.32 | 115 | 0.00% | 0.49% | 0.85% | (65.15)% | 79.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 5 | 45.96 | 19.72 | 146 | 0.17% | 0.49% | 0.49% | 22.45% | 16.68% |
| Invesco V.I. Technology Fund, Series I | Invesco V.I. Technology Fund, Series I | Invesco V.I. Technology Fund, Series I | Invesco V.I. Technology Fund, Series I | Invesco V.I. Technology Fund, Series I | Invesco V.I. Technology Fund, Series I |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 18 | 17.32 | 17.32 | 303 | 0.00% | 0.85% | 0.85% | 19.45% | 19.45% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 18 | 14.50 | 14.50 | 256 | 0.00% | 0.85% | 0.85% | 33.13% | 33.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 18 | 10.89 | 10.89 | 193 | 0.00% | 0.85% | 0.85% | 45.70% | 45.70% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 18 | 7.48 | 7.48 | 138 | 0.00% | 0.85% | 0.85% | (78.34)% | (40.46)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 23 | 34.51 | 12.55 | 290 | 0.00% | 0.49% | 0.49% | 15.20% | 13.44% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Janus Henderson VIT Balanced Portfolio, Institutional Shares | Janus Henderson VIT Balanced Portfolio, Institutional Shares | Janus Henderson VIT Balanced Portfolio, Institutional Shares | Janus Henderson VIT Balanced Portfolio, Institutional Shares | Janus Henderson VIT Balanced Portfolio, Institutional Shares | Janus Henderson VIT Balanced Portfolio, Institutional Shares |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 7 | $26.06 | $56.61 | $347 | 2.04% | 0.49% | 0.85% | 14.54% | 14.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 7 | 22.75 | 49.61 | 311 | 1.99% | 0.49% | 0.85% | 14.86% | 14.44% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 9 | 19.81 | 43.34 | 327 | 2.11% | 0.49% | 0.85% | 14.85% | 14.44% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 10 | 17.24 | 37.88 | 300 | 1.25% | 0.49% | 0.85% | (62.26)% | 85.54% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 10 | 45.69 | 20.41 | 362 | 0.91% | 0.49% | 0.49% | 16.20% | 14.85% |
| Janus Henderson VIT Balanced Portfolio, Service Shares | Janus Henderson VIT Balanced Portfolio, Service Shares | Janus Henderson VIT Balanced Portfolio, Service Shares | Janus Henderson VIT Balanced Portfolio, Service Shares | Janus Henderson VIT Balanced Portfolio, Service Shares | Janus Henderson VIT Balanced Portfolio, Service Shares |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 159 | 24.85 | 39.05 | 4741 | 1.72% | 0.65% | 0.85% | 14.08% | 13.85% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 163 | 21.78 | 34.30 | 4255 | 1.76% | 0.65% | 0.85% | 14.40% | 14.17% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 167 | 19.04 | 30.04 | 3825 | 1.79% | 0.65% | 0.85% | 14.39% | 14.16% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 174 | 16.65 | 26.32 | 3483 | 0.95% | 0.65% | 0.85% | (47.70)% | 32.98% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 193 | 31.83 | 19.79 | 4688 | 0.67% | 0.65% | 0.65% | 15.92% | 14.40% |
| Janus Henderson VIT Flexible Bond Portfolio, Institutional Shares | Janus Henderson VIT Flexible Bond Portfolio, Institutional Shares | Janus Henderson VIT Flexible Bond Portfolio, Institutional Shares | Janus Henderson VIT Flexible Bond Portfolio, Institutional Shares | Janus Henderson VIT Flexible Bond Portfolio, Institutional Shares | Janus Henderson VIT Flexible Bond Portfolio, Institutional Shares |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 132 | 12.02 | 25.16 | 1629 | 5.05% | 0.49% | 0.85% | 6.88% | 6.49% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 160 | 11.25 | 23.62 | 1842 | 4.89% | 0.49% | 0.85% | 1.46% | 1.09% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 161 | 11.09 | 23.37 | 1835 | 4.28% | 0.49% | 0.85% | 4.99% | 4.61% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 165 | 10.56 | 22.34 | 1790 | 2.47% | 0.49% | 0.85% | (59.53)% | 84.57% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 170 | 26.09 | 12.10 | 2197 | 2.03% | 0.49% | 0.49% | (1.74)% | (2.88)% |
| Janus Henderson VIT Flexible Bond Portfolio, Service Shares | Janus Henderson VIT Flexible Bond Portfolio, Service Shares | Janus Henderson VIT Flexible Bond Portfolio, Service Shares | Janus Henderson VIT Flexible Bond Portfolio, Service Shares | Janus Henderson VIT Flexible Bond Portfolio, Service Shares | Janus Henderson VIT Flexible Bond Portfolio, Service Shares |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 77 | 11.47 | 16.93 | 1196 | 4.44% | 0.65% | 0.85% | 6.53% | 6.32% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 84 | 10.77 | 15.92 | 1209 | 4.04% | 0.65% | 0.85% | 0.96% | 0.76% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 94 | 10.67 | 15.80 | 1351 | 3.64% | 0.65% | 0.85% | 4.61% | 4.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 95 | 10.20 | 15.14 | 1308 | 2.01% | 0.65% | 0.85% | (42.50)% | 28.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 98 | 17.73 | 11.74 | 1574 | 1.59% | 0.65% | 0.65% | (1.95)% | (32.55)% |
| Janus Henderson VIT Global Research Portfolio, Institutional Shares | Janus Henderson VIT Global Research Portfolio, Institutional Shares | Janus Henderson VIT Global Research Portfolio, Institutional Shares | Janus Henderson VIT Global Research Portfolio, Institutional Shares | Janus Henderson VIT Global Research Portfolio, Institutional Shares | Janus Henderson VIT Global Research Portfolio, Institutional Shares |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 26 | 31.62 | 64.75 | 1212 | 0.58% | 0.65% | 0.85% | 20.13% | 19.89% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 27 | 26.32 | 54.01 | 1037 | 0.76% | 0.65% | 0.85% | 22.78% | 22.53% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 26 | 21.44 | 44.08 | 837 | 0.94% | 0.65% | 0.85% | 5.23% | 25.71% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 25 | 17.02 | 35.06 | 651 | 1.06% | 0.65% | 0.85% | (61.21)% | 67.42% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 25 | 43.88 | 20.94 | 816 | 0.52% | 0.49% | 0.49% | 17.09% | 15.58% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Janus Henderson VIT Global Technology and Innovation Portfolio, Institutional Shares | Janus Henderson VIT Global Technology and Innovation Portfolio, Institutional Shares | Janus Henderson VIT Global Technology and Innovation Portfolio, Institutional Shares | Janus Henderson VIT Global Technology and Innovation Portfolio, Institutional Shares |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 2 | $74.90 | $74.90 | $174 | 0.00% | 0.49% | 0.49% | 24.54% | 24.54% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 5 | 60.14 | 60.14 | 283 | 0.00% | 0.49% | 0.49% | 31.45% | 31.45% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 5 | 45.75 | 45.75 | 250 | 0.00% | 0.49% | 0.49% | 53.79% | 53.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 6 | 29.75 | 29.75 | 189 | 0.00% | 0.49% | 0.49% | (37.26)% | (36.30)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 7 | 47.42 | 46.70 | 324 | 0.21% | 0.49% | 0.49% | 19.00% | 15.67% |
| Janus Henderson VIT Global Technology and Innovation Portfolio, Service Shares | Janus Henderson VIT Global Technology and Innovation Portfolio, Service Shares | Janus Henderson VIT Global Technology and Innovation Portfolio, Service Shares |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 9 | 71.51 | 69.87 | 616 | 0.00% | 0.65% | 0.85% | 24.03% | 23.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 12 | 57.66 | 56.45 | 698 | 0.00% | 0.65% | 0.85% | 30.90% | 30.64% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 15 | 44.05 | 43.21 | 658 | 0.00% | 0.65% | 0.85% | 53.28% | 52.98% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 17 | 28.74 | 28.25 | 475 | 0.00% | 0.65% | 0.85% | (39.65)% | (37.66)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 14 | 47.61 | 45.31 | 636 | 0.11% | 0.65% | 0.65% | 22.69% | 15.22% |
| Janus Henderson VIT Overseas Portfolio, Institutional Shares | Janus Henderson VIT Overseas Portfolio, Institutional Shares | Janus Henderson VIT Overseas Portfolio, Institutional Shares |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 1 | 48.65 | 48.65 | 41 | 1.45% | 0.85% | 0.85% | 27.78% | 27.78% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 1 | 38.07 | 38.07 | 33 | 1.29% | 0.85% | 0.85% | 4.94% | 4.94% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 1 | 36.28 | 36.28 | 41 | 1.48% | 0.85% | 0.85% | 9.94% | 9.94% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 1 | 33.00 | 33.00 | 41 | 1.78% | 0.85% | 0.85% | (9.38)% | (9.38)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 1 | 36.41 | 36.41 | 45 | 1.12% | 0.85% | 0.85% | 12.62% | 12.62% |
| Janus Henderson VIT Overseas Portfolio, Service Shares | Janus Henderson VIT Overseas Portfolio, Service Shares | Janus Henderson VIT Overseas Portfolio, Service Shares |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 14 | 18.08 | 18.08 | 263 | 1.33% | 0.85% | 0.85% | 27.49% | 27.49% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 15 | 14.18 | 14.18 | 213 | 1.29% | 0.85% | 0.85% | 4.68% | 4.68% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 16 | 13.55 | 13.55 | 220 | 1.39% | 0.85% | 0.85% | 9.65% | 9.65% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 19 | 12.36 | 12.36 | 242 | 1.74% | 0.85% | 0.85% | (9.61)% | (9.61)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 19 | 13.67 | 13.67 | 262 | 1.10% | 0.85% | 0.85% | 12.33% | 12.33% |
| Janus Henderson VIT Research Portfolio, Institutional Shares | Janus Henderson VIT Research Portfolio, Institutional Shares | Janus Henderson VIT Research Portfolio, Institutional Shares |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 5 | 107.57 | 107.57 | 520 | 0.12% | 0.85% | 0.85% | 17.39% | 17.39% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 5 | 91.63 | 91.63 | 460 | 0.03% | 0.85% | 0.85% | 34.16% | 34.16% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 7 | 68.30 | 68.30 | 455 | 0.14% | 0.85% | 0.85% | 41.96% | 41.96% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 7 | 48.11 | 48.11 | 361 | 0.16% | 0.85% | 0.85% | (30.48)% | (30.48)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 8 | 69.21 | 69.21 | 565 | 0.10% | 0.85% | 0.85% | 19.31% | 19.31% |

---

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value <br>Corresponding to the <br>Lowest and Highest <br>Expense Ratios | Unit Fair Value <br>Corresponding to the <br>Lowest and Highest <br>Expense Ratios | Net Assets <br>(000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios  | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios  |
|  |  | Low | High |  |  |  | Low | High | Low | High |
| Lazard Retirement Emerging Markets Equity Portfolio, Service Shares | Lazard Retirement Emerging Markets Equity Portfolio, Service Shares | Lazard Retirement Emerging Markets Equity Portfolio, Service Shares | Lazard Retirement Emerging Markets Equity Portfolio, Service Shares | Lazard Retirement Emerging Markets Equity Portfolio, Service Shares | Lazard Retirement Emerging Markets Equity Portfolio, Service Shares |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 38 | $16.53 | $28.89 | $957 |  | 2.78% | 0.49% | 0.85% | 41.07% | 40.57% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 45 | 11.72 | 20.55 | 794 |  | 3.31% | 0.49% | 0.85% | 6.91% | 6.52% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 49 | 10.96 | 19.29 | 798 |  | 4.78% | 0.49% | 0.85% | 21.68% | 21.24% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 53 | 9.01 | 15.91 | 716 |  | 3.18% | 0.49% | 0.85% | (53.55)% | 53.37% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 60 | 19.39 | 10.38 | 967 |  | 1.86% | 0.49% | 0.49% | 7.25% | 2.13% |
| Lord Abbett Series Fund Short Duration Income Portfolio, Class VC | Lord Abbett Series Fund Short Duration Income Portfolio, Class VC | Lord Abbett Series Fund Short Duration Income Portfolio, Class VC | Lord Abbett Series Fund Short Duration Income Portfolio, Class VC |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 5 | 11.39 | 11.39 | 57 |  | 4.56% | 0.69% | 0.69% | 5.17% | 5.17% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 5 | 10.83 | 10.83 | 53 |  | 4.80% | 0.69% | 0.69% | 4.41% | 4.41% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 4 | 10.37 | 10.37 | 44 |  | 4.59% | 0.69% | 0.69% | 4.33% | 4.33% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 5 | 9.94 | 9.94 | 48 |  | 3.74% | 0.69% | 0.69% | (6.03)% | (5.46)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 1 | 10.57 | 10.51 | 15 |  | 2.13% | 0.49% | 0.49% | 0.27% | (0.33)% |
| LVIP American Century Balanced Fund, Standard Class II | LVIP American Century Balanced Fund, Standard Class II | LVIP American Century Balanced Fund, Standard Class II |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 41 | 20.58 | 38.33 | 1045 |  | 1.89% | 0.65% | 0.85% | 8.91% | 8.69% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 41 | 18.89 | 35.27 | 972 |  | 2.05% | 0.65% | 0.85% | 11.33% | 11.11% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 43 | 16.97 | 31.74 | 904 |  | 1.86% | 0.65% | 0.85% | 15.66% | 15.43% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 54 | 14.67 | 27.50 | 950 |  | 1.27% | 0.65% | 0.85% | (56.23)% | 56.41% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 45 | 33.52 | 17.58 | 949 |  | 0.83% | 0.49% | 0.49% | 14.79% | 13.29% |
| LVIP American Century Disciplined Core Value Fund, Standard Class II | LVIP American Century Disciplined Core Value Fund, Standard Class II | LVIP American Century Disciplined Core Value Fund, Standard Class II | LVIP American Century Disciplined Core Value Fund, Standard Class II |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 34 | 25.71 | 36.27 | 921 |  | 1.67% | 0.49% | 0.85% | 14.30% | 13.89% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 38 | 22.49 | 31.85 | 895 |  | 1.32% | 0.49% | 0.85% | 12.54% | 12.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 41 | 19.99 | 28.40 | 859 |  | 1.54% | 0.49% | 0.85% | 8.12% | 7.74% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 43 | 18.49 | 26.36 | 829 |  | 1.78% | 0.49% | 0.85% | (40.95)% | 27.26% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 43 | 31.31 | 20.71 | 958 |  | 1.07% | 0.49% | 0.49% | 26.00% | 19.73% |
| LVIP American Century International Fund, Standard Class II | LVIP American Century International Fund, Standard Class II | LVIP American Century International Fund, Standard Class II |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 7 | 15.74 | 34.67 | 135 |  | 1.22% | 0.49% | 0.85% | 9.31% | 15.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 8 | 14.40 | 30.15 | 124 |  | 1.95% | 0.49% | 0.85% | 2.10% | 1.73% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 11 | 14.10 | 29.63 | 197 |  | 1.35% | 0.49% | 0.85% | 12.02% | 11.62% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 12 | 12.59 | 26.55 | 205 |  | 1.55% | 0.49% | 0.85% | (64.62)% | 62.30% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 14 | 35.58 | 16.36 | 350 |  | 0.15% | 0.49% | 0.49% | 7.83% | 5.30% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value <br>Corresponding to the <br>Lowest and Highest <br>Expense Ratios | Unit Fair Value <br>Corresponding to the <br>Lowest and Highest <br>Expense Ratios | Net Assets <br>(000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios  | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios  |
|  |  | Low | High |  |  | Low | High | Low | High |
| LVIP American Century Mid Cap Value Fund, Service Class | LVIP American Century Mid Cap Value Fund, Service Class |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 6 | $24.06 | $54.94 | $246 | 1.58% | 0.49% | 0.85% | 8.30% | 7.91% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 7 | 22.21 | 50.91 | 241 | 2.19% | 0.49% | 0.85% | 7.99% | 7.60% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 11 | 20.57 | 47.32 | 340 | 2.15% | 0.49% | 0.85% | 5.51% | 5.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 11 | 19.49 | 45.01 | 351 | 2.11% | 0.49% | 0.85% | (58.70)% | 132.83% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 12 | 47.20 | 19.33 | 378 | 1.03% | 0.49% | 0.49% | 25.09% | 19.12% |
| LVIP American Century Value Fund, Standard Class II | LVIP American Century Value Fund, Standard Class II |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 103 | 25.78 | 55.38 | 3459 | 1.63% | 0.49% | 0.85% | 15.45% | 15.04% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 117 | 22.33 | 48.14 | 3520 | 2.93% | 0.49% | 0.85% | 8.94% | 8.55% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 128 | 20.49 | 44.35 | 3579 | 2.37% | 0.49% | 0.85% | 8.57% | 8.18% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 138 | 18.88 | 40.99 | 3573 | 2.08% | 0.49% | 0.85% | (54.09)% | 123.30% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 138 | 41.12 | 18.36 | 3791 | 1.74% | 0.49% | 0.49% | 23.46% | 20.56% |
| LVIP Baron Growth Opportunities Fund, Service Class | LVIP Baron Growth Opportunities Fund, Service Class |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 18 | 22.44 | 73.72 | 673 | 0.00% | 0.49% | 0.85% | (10.51)% | (10.84)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 19 | 25.07 | 82.68 | 877 | 0.22% | 0.49% | 0.85% | 4.92% | 4.55% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 21 | 23.90 | 79.08 | 949 | 0.00% | 0.49% | 0.85% | 17.23% | 16.81% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 26 | 20.38 | 67.70 | 1156 | 0.00% | 0.49% | 0.85% | (77.86)% | 152.03% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 29 | 92.05 | 26.86 | 1842 | 0.00% | 0.49% | 0.49% | 17.71% | 14.91% |
| LVIP BlackRock Equity Dividend Fund, Standard Class | LVIP BlackRock Equity Dividend Fund, Standard Class |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 7 | 18.56 | 18.24 | 136 | 1.80% | 0.49% | 0.69% | 12.87% | 12.65% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 7 | 16.44 | 16.19 | 118 | 1.55% | 0.49% | 0.69% | 6.66% | 6.44% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 14 | 15.42 | 15.21 | 208 | 1.75% | 0.49% | 0.69% | 2.99% | 2.78% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 14 | 14.97 | 14.80 | 205 | 1.70% | 0.49% | 0.69% | (3.74)% | (3.21)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 16 | 15.55 | 15.29 | 249 | 5.74% | 0.49% | 0.49% | 22.72% | 19.79% |
| LVIP JPMorgan Core Bond Fund, Standard Class | LVIP JPMorgan Core Bond Fund, Standard Class |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 1 | 9.90 | 9.90 | 13 | 3.62% | 0.85% | 0.85% | 6.49% | 6.49% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 1 | 9.30 | 9.30 | 12 | 412.59% | 0.85% | 0.85% | (1.22)% | (1.22)% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value <br>Corresponding to the <br>Lowest and Highest <br>Expense Ratios | Unit Fair Value <br>Corresponding to the <br>Lowest and Highest <br>Expense Ratios | Net Assets <br>(000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios  | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios  |
|  |  | Low | High |  |  | Low | High | Low | High |
| LVIP JPMorgan Small Cap Core Fund, Standard Class | LVIP JPMorgan Small Cap Core Fund, Standard Class |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 0 \* | $22.99 | $21.79 | $9 | 0.14% | 0.49% | 0.85% | 9.73% | 8.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 3 | 20.96 | 20.18 | 53 | 0.82% | 0.49% | 0.85% | 11.16% | 10.76% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 3 | 18.85 | 18.22 | 48 | 1.37% | 0.49% | 0.85% | 12.55% | 12.15% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 3 | 16.75 | 16.24 | 43 | 0.45% | 0.49% | 0.85% | (20.28)% | (20.03)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 3 | 21.01 | 20.31 | 54 | 0.47% | 0.49% | 0.49% | 24.49% | 17.56% |
| LVIP Nomura SMID Cap Core Fund, Standard Class | LVIP Nomura SMID Cap Core Fund, Standard Class |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 11 | 28.48 | 52.37 | 481 | 0.58% | 0.49% | 0.85% | 8.32% | 7.93% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 11 | 26.29 | 48.52 | 449 | 0.67% | 0.49% | 0.85% | 14.17% | 13.75% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 8 | 23.03 | 42.65 | 260 | 1.14% | 0.49% | 0.85% | 15.88% | 15.47% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 8 | 19.88 | 36.94 | 228 | 0.44% | 0.49% | 0.85% | (54.48)% | 63.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 9 | 43.66 | 22.53 | 285 | 0.96% | 0.49% | 0.49% | 23.49% | 19.27% |
| MFS VIT II International Growth Portfolio, Initial Class | MFS VIT II International Growth Portfolio, Initial Class |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 3 | 17.25 | 17.25 | 52 | 0.91% | 0.49% | 0.49% | 20.52% | 20.52% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 3 | 14.31 | 14.31 | 44 | 1.60% | 0.49% | 0.49% | 3.37% | 3.37% |
| MFS VIT II International Intrinsic Value Portfolio, Service Class | MFS VIT II International Intrinsic Value Portfolio, Service Class |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 35 | 24.48 | 49.01 | 1306 | 1.32% | 0.49% | 0.85% | 32.31% | 31.84% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 39 | 18.50 | 37.18 | 1107 | 1.15% | 0.49% | 0.85% | 6.44% | 6.06% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 43 | 17.38 | 35.05 | 1122 | 0.47% | 0.49% | 0.85% | 16.80% | 16.38% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 47 | 14.88 | 30.12 | 1072 | 0.51% | 0.49% | 0.85% | (63.58)% | 57.82% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 47 | 40.86 | 19.09 | 1393 | 0.14% | 0.49% | 0.49% | 12.15% | 6.78% |
| MFS VIT III Mid Cap Value Portfolio, Initial Class | MFS VIT III Mid Cap Value Portfolio, Initial Class |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 15 | 20.61 | 20.33 | 300 | 1.00% | 0.49% | 0.65% | 5.46% | 5.29% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 17 | 19.54 | 19.30 | 337 | 1.26% | 0.49% | 0.65% | 13.19% | 13.01% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 17 | 17.27 | 17.08 | 296 | 1.82% | 0.49% | 0.65% | 12.18% | 12.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 17 | 15.39 | 15.25 | 255 | 0.96% | 0.49% | 0.65% | (9.23)% | (8.52)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 18 | 16.96 | 16.67 | 301 | 0.80% | 0.49% | 0.49% | 31.11% | 28.18% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the <br> Lowest and Highest <br> Expense Ratios  | Unit Fair Value<br> Corresponding to the <br> Lowest and Highest <br> Expense Ratios  | Net Assets <br> (000's)  | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup> <br> Corresponding to the <br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> <br> Corresponding to the <br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| MFS VIT Utilities Series, Service Class | MFS VIT Utilities Series, Service Class |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 9 | $19.60 | $27.67 | $173 | 1.52% | 0.49% | 0.85% | 14.20% | 13.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 20 | 17.16 | 24.31 | 446 | 2.08% | 0.49% | 0.85% | 10.80% | 10.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 22 | 15.49 | 22.02 | 433 | 3.28% | 0.49% | 0.85% | (2.81)% | (3.16)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 24 | 15.94 | 22.74 | 488 | 2.24% | 0.49% | 0.85% | (32.07)% | 46.60% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 24 | 23.46 | 15.51 | 500 | 1.54% | 0.49% | 0.49% | 15.99% | 10.24% |
| Morgan Stanley VIF U.S. Real Estate Portfolio, Class I | Morgan Stanley VIF U.S. Real Estate Portfolio, Class I |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 |  |  |  |  | 2.68% | 0.85% | 0.85% | 14.53% | 14.53% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 7 | 51.59 | 51.59 | 381 | 2.25% | 0.85% | 0.85% | 13.55% | 13.55% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 8 | 45.43 | 45.43 | 345 | 1.30% | 0.85% | 0.85% | (27.67)% | (27.67)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 9 | 62.81 | 62.81 | 585 | 1.94% | 0.85% | 0.85% | 38.62% | 38.62% |
| Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio, Class S | Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio, Class S |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 0 \* | 28.09 | 28.09 | 1 | 0.00% | 0.85% | 0.85% | 10.40% | 10.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 0 \* | 25.45 | 25.45 | 1 | 0.27% | 0.85% | 0.85% | 7.74% | 7.74% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 0 \* | 23.62 | 23.62 | 1 | 0.52% | 0.85% | 0.85% | 9.75% | 9.75% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 0 \* | 21.52 | 21.52 | 1 | 0.16% | 0.85% | 0.85% | (12.36)% | 35.41% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 0 \* | 24.55 | 15.89 | 1 | 0.26% | 0.49% | 0.49% | 33.86% | (13.36)% |
| Nomura VIP Emerging Markets Series, Standard Class | Nomura VIP Emerging Markets Series, Standard Class |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 10 | 22.80 | 20.39 | 229 | 1.53% | 0.49% | 0.69% | 80.38% | 64.80% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 11 | 12.64 | 13.49 | 139 | 2.95% | 0.49% | 0.85% | 4.57% | 10.31% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 19 | 12.08 | 12.23 | 235 | 1.62% | 0.49% | 0.85% | 13.24% | 12.83% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 24 | 10.67 | 10.84 | 256 | 4.29% | 0.49% | 0.85% | (30.41)% | (24.76)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 25 | 15.33 | 14.41 | 368 | 0.32% | 0.49% | 0.49% | (2.15)% | (5.93)% |
| Nomura VIP International Core Equity Series, Service Class | Nomura VIP International Core Equity Series, Service Class |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 7 | 16.27 | 16.00 | 106 | 0.39% | 0.49% | 0.65% | 23.56% | 23.37% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 7 | 13.17 | 12.97 | 86 | 1.44% | 0.49% | 0.65% | 3.28% | 3.11% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 9 | 12.75 | 12.58 | 116 | 1.58% | 0.49% | 0.65% | 15.06% | 14.88% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 9 | 11.08 | 10.95 | 101 | 2.24% | 0.49% | 0.65% | (14.72)% | (13.71)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 13 | 12.99 | 12.69 | 169 | 1.06% | 0.49% | 0.49% | 14.65% | 10.93% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup> <br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> <br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Nomura VIP International Core Equity Series, Standard Class | Nomura VIP International Core Equity Series, Standard Class | Nomura VIP International Core Equity Series, Standard Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 3 | $12.44 | $12.44 | $35 | 1.31% | 0.49% | 0.49% | 23.94% | 23.94% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 3 | 10.04 | 10.64 | 29 | 1.65% | 0.49% | 0.69% | 0.40% | 6.39% |
| Nomura VIP Small Cap Value Series, Standard Class | Nomura VIP Small Cap Value Series, Standard Class | Nomura VIP Small Cap Value Series, Standard Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 7 | 21.91 | 62.20 | 335 | 1.29% | 0.49% | 0.85% | 7.63% | 7.25% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 8 | 20.36 | 58.00 | 328 | 1.46% | 0.49% | 0.85% | 10.77% | 10.37% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 13 | 18.38 | 52.55 | 421 | 0.96% | 0.49% | 0.85% | 8.91% | 8.52% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 13 | 16.87 | 48.42 | 408 | 0.87% | 0.49% | 0.85% | (69.63)% | 158.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 16 | 55.55 | 18.77 | 577 | 0.86% | 0.49% | 0.49% | 33.28% | 30.15% |
| NVIT Mid Cap Index Fund, Class II | NVIT Mid Cap Index Fund, Class II | NVIT Mid Cap Index Fund, Class II |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 26 | 25.35 | 67.35 | 975 | 0.99% | 0.49% | 0.85% | 6.29% | 5.91% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 29 | 23.85 | 63.59 | 1113 | 0.89% | 0.49% | 0.85% | 12.69% | 12.28% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 28 | 21.16 | 56.63 | 910 | 1.02% | 0.49% | 0.85% | 15.25% | 14.84% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 32 | 18.36 | 49.31 | 956 | 1.01% | 0.49% | 0.85% | (68.08)% | 137.41% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 34 | 57.53 | 20.77 | 1178 | 1.06% | 0.49% | 0.49% | 22.95% | 20.08% |
| PIMCO VIT CommodityRealReturn Strategy Portfolio, Administrative Class | PIMCO VIT CommodityRealReturn Strategy Portfolio, Administrative Class | PIMCO VIT CommodityRealReturn Strategy Portfolio, Administrative Class | PIMCO VIT CommodityRealReturn Strategy Portfolio, Administrative Class |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 14 | 9.84 | 9.62 | 133 | 2.75% | 0.49% | 0.69% | 18.21% | 17.98% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 19 | 8.32 | 8.15 | 161 | 2.22% | 0.49% | 0.69% | 3.65% | 3.44% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 19 | 8.03 | 7.88 | 152 | 15.97% | 0.49% | 0.69% | (8.30)% | (8.49)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 20 | 8.76 | 8.47 | 174 | 20.89% | 0.49% | 0.85% | 8.09% | 7.70% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 20 | 8.10 | 7.87 | 163 | 4.27% | 0.49% | 0.49% | 36.16% | 28.84% |
| PIMCO VIT Emerging Markets Bond Portfolio, Administrative Class | PIMCO VIT Emerging Markets Bond Portfolio, Administrative Class | PIMCO VIT Emerging Markets Bond Portfolio, Administrative Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 2 | 13.10 | 12.70 | 27 | 6.93% | 0.49% | 0.85% | 14.42% | 15.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 2 | 11.45 | 11.45 | 23 | 6.44% | 0.49% | 0.49% | 7.00% | 7.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 2 | 10.70 | 10.70 | 21 | 5.65% | 0.49% | 0.49% | 10.57% | 10.57% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 9 | 9.67 | 9.67 | 83 | 4.83% | 0.49% | 0.49% | (16.12)% | (14.72)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 9 | 11.53 | 11.34 | 99 | 4.48% | 0.49% | 0.49% | (3.04)% | (4.63)% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| PIMCO VIT High Yield Portfolio, Administrative Class | PIMCO VIT High Yield Portfolio, Administrative Class | PIMCO VIT High Yield Portfolio, Administrative Class | PIMCO VIT High Yield Portfolio, Administrative Class |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 95 | $15.90 | $30.34 | $1694 | 6.29% | 0.49% | 0.85% | 8.42% | 8.03% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 102 | 14.66 | 28.08 | 1706 | 5.84% | 0.49% | 0.85% | 6.36% | 5.98% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 106 | 13.78 | 26.50 | 1703 | 5.67% | 0.49% | 0.85% | 11.67% | 11.27% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 110 | 12.34 | 23.82 | 1611 | 5.05% | 0.49% | 0.85% | (53.89)% | 77.08% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 118 | 26.77 | 13.45 | 1961 | 4.45% | 0.49% | 0.49% | 2.75% | 0.32% |
| PIMCO VIT Low Duration Portfolio, Administrative Class | PIMCO VIT Low Duration Portfolio, Administrative Class | PIMCO VIT Low Duration Portfolio, Administrative Class | PIMCO VIT Low Duration Portfolio, Administrative Class |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 175 | 11.28 | 14.50 | 2342 | 3.94% | 0.49% | 0.85% | 5.01% | 4.63% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 182 | 10.75 | 13.86 | 2212 | 3.99% | 0.49% | 0.85% | 3.98% | 3.61% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 201 | 10.33 | 13.38 | 2363 | 3.60% | 0.49% | 0.85% | 4.46% | 4.09% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 219 | 9.89 | 12.85 | 2487 | 1.62% | 0.49% | 0.85% | (28.06)% | 25.24% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 262 | 13.75 | 10.26 | 3210 | 0.52% | 0.49% | 0.49% | (1.77)% | (4.07)% |
| PIMCO VIT Real Return Portfolio, Administrative Class | PIMCO VIT Real Return Portfolio, Administrative Class | PIMCO VIT Real Return Portfolio, Administrative Class | PIMCO VIT Real Return Portfolio, Administrative Class |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 29 | 12.24 | 11.96 | 358 | 3.33% | 0.49% | 0.69% | 7.32% | 7.11% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 28 | 11.40 | 11.16 | 325 | 2.59% | 0.49% | 0.69% | 1.63% | 1.43% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 34 | 11.22 | 11.01 | 387 | 2.99% | 0.49% | 0.69% | 3.16% | 2.96% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 34 | 10.88 | 10.69 | 374 | 7.07% | 0.49% | 0.69% | (13.34)% | (12.51)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 37 | 12.55 | 12.22 | 455 | 5.03% | 0.49% | 0.49% | 5.89% | 3.48% |
| PIMCO VIT Total Return Portfolio, Administrative Class | PIMCO VIT Total Return Portfolio, Administrative Class | PIMCO VIT Total Return Portfolio, Administrative Class | PIMCO VIT Total Return Portfolio, Administrative Class |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 239 | 12.12 | 18.23 | 3408 | 4.11% | 0.49% | 0.85% | 8.36% | 7.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 257 | 11.18 | 16.88 | 3430 | 4.04% | 0.49% | 0.85% | 2.03% | 1.66% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 280 | 10.96 | 16.61 | 3695 | 3.57% | 0.49% | 0.85% | 5.42% | 5.04% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 278 | 10.40 | 15.81 | 3475 | 2.60% | 0.49% | 0.85% | (44.13)% | 33.31% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 303 | 18.61 | 11.86 | 4525 | 1.82% | 0.49% | 0.49% | (2.10)% | (4.41)% |
| Prudential Series Fund Natural Resources Portfolio, Class II | Prudential Series Fund Natural Resources Portfolio, Class II | Prudential Series Fund Natural Resources Portfolio, Class II | Prudential Series Fund Natural Resources Portfolio, Class II |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 |  |  |  |  | 0.00% | 0.85% | 0.85% | (8.04)% | (8.04)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 2 | 15.83 | 15.83 | 29 | 0.00% | 0.85% | 0.85% | 3.07% | 3.07% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 2 | 15.36 | 15.36 | 28 | 0.00% | 0.85% | 0.85% | 0.72% | 0.72% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 2 | 15.25 | 15.25 | 28 | 0.00% | 0.85% | 0.85% | 17.38% | 99.53% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 2 | 12.99 | 7.64 | 23 | 0.00% | 0.49% | 0.49% | 27.28% | (25.12)% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the <br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the <br> Lowest and Highest<br> Expense Ratios | Net Assets (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Prudential Series Fund PGIM Jennison Blend Portfolio, Class II | Prudential Series Fund PGIM Jennison Blend Portfolio, Class II | Prudential Series Fund PGIM Jennison Blend Portfolio, Class II | Prudential Series Fund PGIM Jennison Blend Portfolio, Class II |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 2 | $57.36 | $72.12 | $172 | 0.00% | 0.85% | 0.85% | 17.05% | 17.05% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 2 | 49.00 | 61.62 | 120 | 0.00% | 0.85% | 0.85% | 24.73% | 24.73% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 2 | 39.29 | 49.40 | 97 | 0.00% | 0.85% | 0.85% | 30.87% | 30.87% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 2 | 30.02 | 37.75 | 76 | 0.00% | 0.85% | 0.85% | (42.64)% | 53.09% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 4 | 52.33 | 24.66 | 197 | 0.00% | 0.49% | 0.49% | 21.91% | (27.78)% |
| Putnam VT Core Equity Fund, Class IA | Putnam VT Core Equity Fund, Class IA | Putnam VT Core Equity Fund, Class IA | Putnam VT Core Equity Fund, Class IA |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 6 | 41.64 | 40.68 | 259 | 0.65% | 0.65% | 0.85% | 16.35% | 17.41% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 7 | 35.79 | 35.79 | 242 | 0.82% | 0.65% | 0.65% | 26.49% | 26.49% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 7 | 28.29 | 28.29 | 202 | 0.68% | 0.65% | 0.65% | 27.53% | 27.53% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 6 | 22.18 | 22.18 | 128 | 1.77% | 0.65% | 0.65% | (18.14)% | (14.80)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 7 | 27.10 | 26.04 | 178 | 0.92% | 0.49% | 0.49% | 33.75% | 28.50% |
| Putnam VT Global Asset Allocation Fund, Class IA | Putnam VT Global Asset Allocation Fund, Class IA | Putnam VT Global Asset Allocation Fund, Class IA | Putnam VT Global Asset Allocation Fund, Class IA |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 7 | 21.56 | 21.56 | 148 | 2.42% | 0.65% | 0.65% | 13.95% | 13.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 7 | 18.92 | 16.42 | 130 | 2.20% | 0.65% | 0.85% | 15.87% | 2.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 12 | 16.33 | 16.08 | 193 | 1.79% | 0.65% | 0.85% | 17.02% | 16.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 12 | 13.95 | 13.77 | 165 | 1.62% | 0.65% | 0.85% | (17.12)% | (16.53)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 12 | 16.83 | 16.49 | 197 | 0.91% | 0.49% | 0.49% | 15.62% | 12.23% |
| Putnam VT Global Health Care Fund, Class IB | Putnam VT Global Health Care Fund, Class IB | Putnam VT Global Health Care Fund, Class IB | Putnam VT Global Health Care Fund, Class IB |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 6 | 26.94 | 40.47 | 196 | 0.00% | 0.49% | 0.85% | 14.49% | 14.08% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 22 | 23.53 | 35.47 | 640 | 0.46% | 0.49% | 0.85% | 0.93% | 0.56% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 21 | 23.32 | 35.27 | 624 | 0.30% | 0.49% | 0.85% | 8.60% | 8.21% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 22 | 21.47 | 32.60 | 589 | 0.40% | 0.49% | 0.85% | (39.03)% | 48.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 21 | 35.21 | 22.02 | 613 | 1.07% | 0.49% | 0.49% | 20.89% | 15.61% |
| Putnam VT Income Fund, Class IA | Putnam VT Income Fund, Class IA | Putnam VT Income Fund, Class IA | Putnam VT Income Fund, Class IA |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 28 | 11.36 | 10.93 | 317 | 4.69% | 0.49% | 0.85% | 6.92% | 6.54% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 35 | 10.62 | 10.26 | 367 | 5.94% | 0.49% | 0.85% | 2.05% | (1.05)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 37 | 10.41 | 10.23 | 379 | 5.87% | 0.49% | 0.69% | 4.45% | 4.24% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 36 | 9.96 | 9.81 | 361 | 5.96% | 0.49% | 0.69% | (13.91)% | (13.16)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 38 | 11.57 | 11.30 | 440 | 1.61% | 0.49% | 0.49% | (3.82)% | (7.16)% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup> <br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> <br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Putnam VT International Equity Fund, Class IA | Putnam VT International Equity Fund, Class IA | Putnam VT International Equity Fund, Class IA | Putnam VT International Equity Fund, Class IA |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 1 | $21.44 | $21.44 | $22 | 0.22% | 0.69% | 0.69% | 37.05% | 37.05% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 1 | 17.08 | 15.64 | 16 | 2.88% | 0.49% | 0.69% | 10.25% | 2.52% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 3 | 15.49 | 15.26 | 52 | 0.00% | 0.49% | 0.69% | 3.18% | 3.09% |
| Putnam VT International Value Fund, Class IA | Putnam VT International Value Fund, Class IA | Putnam VT International Value Fund, Class IA | Putnam VT International Value Fund, Class IA |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 3 | 20.36 | 20.36 | 66 | 1.34% | 0.49% | 0.49% | 34.41% | 34.41% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 4 | 15.15 | 15.15 | 57 | 2.53% | 0.49% | 0.49% | 4.92% | 4.92% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 4 | 14.44 | 14.44 | 53 | 1.66% | 0.49% | 0.49% | 18.50% | 18.50% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 4 | 12.19 | 12.19 | 47 | 2.57% | 0.49% | 0.49% | (7.15)% | (4.90)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 6 | 13.12 | 12.81 | 74 | 2.10% | 0.49% | 0.49% | 14.72% | 11.99% |
| Putnam VT Large Cap Value Fund, Class IB | Putnam VT Large Cap Value Fund, Class IB | Putnam VT Large Cap Value Fund, Class IB | Putnam VT Large Cap Value Fund, Class IB |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 15 | 34.04 | 57.23 | 803 | 1.45% | 0.49% | 0.85% | 19.76% | 19.33% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 28 | 28.42 | 47.96 | 1038 | 1.09% | 0.49% | 0.85% | 18.56% | 18.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 32 | 23.97 | 40.60 | 985 | 2.00% | 0.49% | 0.85% | 15.10% | 14.69% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 33 | 20.83 | 35.40 | 897 | 1.47% | 0.49% | 0.85% | (44.79)% | 68.38% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 32 | 37.73 | 21.02 | 836 | 1.21% | 0.49% | 0.49% | 29.20% | 23.27% |
| Putnam VT Mortgage Securities Fund, Class IB | Putnam VT Mortgage Securities Fund, Class IB | Putnam VT Mortgage Securities Fund, Class IB | Putnam VT Mortgage Securities Fund, Class IB |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 32 | 11.15 | 11.87 | 367 | 8.00% | 0.49% | 0.85% | 8.55% | 8.16% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 39 | 10.27 | 10.98 | 420 | 6.55% | 0.49% | 0.85% | 4.24% | 3.87% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 35 | 9.85 | 10.57 | 360 | 15.68% | 0.49% | 0.85% | 4.76% | 4.38% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 36 | 9.40 | 10.12 | 355 | 9.23% | 0.49% | 0.85% | (19.09)% | (0.99)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 55 | 11.62 | 10.22 | 589 | 0.00% | 0.49% | 0.49% | (2.33)% | (6.82)% |
| Royce Capital Fund Small-Cap Portfolio, Service Class | Royce Capital Fund Small-Cap Portfolio, Service Class | Royce Capital Fund Small-Cap Portfolio, Service Class | Royce Capital Fund Small-Cap Portfolio, Service Class |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 2 | 39.09 | 37.81 | 78 | 1.83% | 0.65% | 0.85% | 8.02% | 7.81% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 2 | 36.19 | 35.07 | 76 | 0.81% | 0.65% | 0.85% | 2.59% | 2.38% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 3 | 35.28 | 34.26 | 92 | 0.66% | 0.65% | 0.85% | 24.72% | 24.47% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 4 | 28.28 | 27.52 | 102 | 0.08% | 0.65% | 0.85% | (10.00)% | 92.03% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 4 | 31.43 | 14.33 | 115 | 1.12% | 0.49% | 0.49% | 30.62% | 25.88% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Unit Fair Value<br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Net Assets (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup><br> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Schwab Government Money Market Portfolio | Schwab Government Money Market Portfolio | Schwab Government Money Market Portfolio | Schwab Government Money Market Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 663 | $11.47 | $14.09 | $8016 | 4.03% | 0.49% | 0.85% | 3.60% | 3.22% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 643 | 11.07 | 13.65 | 7546 | 4.93% | 0.49% | 0.85% | 4.55% | 4.17% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 602 | 10.59 | 13.10 | 6873 | 4.77% | 0.49% | 0.85% | 4.37% | 4.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 655 | 10.15 | 12.60 | 7266 | 1.46% | 0.49% | 0.85% | (19.00)% | 33.90% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 752 | 12.53 | 9.41 | 8143 | 0.06% | 0.49% | 0.49% | (0.79)% | (6.77)% |
| Schwab S&P 500 Index Portfolio | Schwab S&P 500 Index Portfolio | Schwab S&P 500 Index Portfolio | Schwab S&P 500 Index Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 506 | 40.99 | 102.07 | 27471 | 1.13% | 0.49% | 0.85% | 17.25% | 16.83% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 567 | 34.96 | 87.36 | 27146 | 1.47% | 0.49% | 0.85% | 24.34% | 23.89% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 637 | 28.11 | 70.52 | 24296 | 1.43% | 0.49% | 0.85% | 25.61% | 25.16% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 645 | 22.38 | 56.34 | 19734 | 1.26% | 0.49% | 0.85% | (67.75)% | 110.81% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 742 | 69.39 | 26.73 | 27851 | 1.27% | 0.49% | 0.49% | 27.58% | 24.59% |
| Schwab VIT Balanced Portfolio | Schwab VIT Balanced Portfolio | Schwab VIT Balanced Portfolio | Schwab VIT Balanced Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 1 | 15.61 | 15.61 | 19 | 2.41% | 0.69% | 0.69% | 12.08% | 12.08% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 1 | 14.43 | 13.93 | 17 | 2.69% | 0.49% | 0.69% | 9.28% | 7.11% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 4 | 13.21 | 13.01 | 52 | 1.94% | 0.49% | 0.69% | 11.41% | 11.19% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 4 | 11.85 | 11.70 | 50 | 1.53% | 0.49% | 0.69% | (15.13)% | (15.30)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 4 | 13.97 | 13.81 | 62 | 1.30% | 0.49% | 0.49% | 8.67% | 6.44% |
| Schwab VIT Balanced with Growth Portfolio | Schwab VIT Balanced with Growth Portfolio | Schwab VIT Balanced with Growth Portfolio | Schwab VIT Balanced with Growth Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 36 | 18.65 | 18.30 | 662 | 2.22% | 0.49% | 0.69% | 15.03% | 14.80% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 36 | 16.22 | 15.94 | 582 | 2.08% | 0.49% | 0.69% | 9.44% | 9.22% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 37 | 14.82 | 14.59 | 538 | 1.72% | 0.49% | 0.69% | 14.30% | 14.07% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 43 | 12.96 | 12.79 | 556 | 1.63% | 0.49% | 0.69% | (16.41)% | (16.58)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 44 | 15.51 | 15.34 | 672 | 1.34% | 0.49% | 0.49% | 11.92% | 9.63% |
| Schwab VIT Growth Portfolio | Schwab VIT Growth Portfolio | Schwab VIT Growth Portfolio | Schwab VIT Growth Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 2 | 21.38 | 21.38 | 49 | 1.88% | 0.49% | 0.49% | 17.66% | 17.66% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 3 | 18.17 | 18.17 | 47 | 1.90% | 0.49% | 0.49% | 11.23% | 11.23% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 3 | 16.34 | 16.34 | 44 | 1.55% | 0.49% | 0.49% | 16.95% | 16.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 3 | 13.97 | 13.97 | 38 | 1.69% | 0.49% | 0.49% | (17.65)% | (16.71)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 3 | 16.96 | 16.77 | 51 | 1.27% | 0.49% | 0.49% | 14.11% | 12.82% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value <br> Corresponding to the <br> Lowest and Highest <br> Expense Ratios | Unit Fair Value <br> Corresponding to the <br> Lowest and Highest <br> Expense Ratios | Net Assets <br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup> <br> Corresponding to the <br> Lowest and Highest <br> Expense Ratios | Total Return <sup>(c)</sup> <br> Corresponding to the <br> Lowest and Highest <br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| T. Rowe Price Health Sciences Portfolio | T. Rowe Price Health Sciences Portfolio | T. Rowe Price Health Sciences Portfolio |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 6 | $30.95 | $30.23 | $200 | 0.00% | 0.49% | 0.69% | 17.52% | 17.29% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 7 | 26.33 | 25.78 | 189 | 0.00% | 0.49% | 0.69% | 1.16% | 0.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 10 | 26.03 | 25.53 | 263 | 0.00% | 0.49% | 0.69% | 2.46% | 2.25% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 11 | 25.41 | 24.97 | 277 | 0.00% | 0.49% | 0.69% | (12.90)% | (13.07)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 12 | 29.17 | 28.73 | 350 | 0.00% | 0.49% | 0.49% | 14.06% | 10.84% |
| T. Rowe Price Health Sciences Portfolio, Class II | T. Rowe Price Health Sciences Portfolio, Class II |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 7 | 29.50 | 29.50 | 218 | 0.00% | 0.65% | 0.65% | 17.04% | 17.04% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 13 | 25.21 | 25.21 | 322 | 0.00% | 0.65% | 0.65% | 0.76% | 0.76% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 13 | 25.02 | 25.02 | 319 | 0.00% | 0.65% | 0.65% | 2.02% | 2.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 13 | 24.52 | 24.52 | 313 | 0.00% | 0.65% | 0.65% | (16.05)% | (11.92)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 9 | 29.21 | 27.84 | 255 | 0.00% | 0.65% | 0.65% | 15.83% | 10.41% |
| Templeton Foreign VIP Fund, Class 2 | Templeton Foreign VIP Fund, Class 2 | Templeton Foreign VIP Fund, Class 2 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 35 | 13.35 | 17.95 | 577 | 2.74% | 0.49% | 0.85% | 28.56% | 14.08% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 10 | 10.38 | 10.16 | 102 | 2.40% | 0.49% | 0.69% | (1.48)% | (1.68)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 10 | 10.54 | 10.34 | 103 | 2.95% | 0.49% | 0.69% | 20.17% | 19.93% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 12 | 8.77 | 11.92 | 114 | 3.06% | 0.49% | 0.85% | (34.17)% | 28.47% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 12 | 13.32 | 9.28 | 124 | 1.98% | 0.49% | 0.49% | 5.71% | 0.85% |
| Templeton Global Bond VIP Fund, Class 2 | Templeton Global Bond VIP Fund, Class 2 | Templeton Global Bond VIP Fund, Class 2 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 8 | 8.81 | 8.61 | 72 | 0.00% | 0.49% | 0.69% | 15.16% | 14.93% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 9 | 7.65 | 7.86 | 71 | 0.00% | 0.49% | 0.85% | (11.81)% | (7.91)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 25 | 8.68 | 8.54 | 218 | 0.00% | 0.49% | 0.85% | 2.38% | 2.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 26 | 8.47 | 8.37 | 217 | 0.00% | 0.49% | 0.85% | (6.01)% | (4.01)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 35 | 9.02 | 8.72 | 309 | 0.00% | 0.49% | 0.49% | (4.34)% | (8.01)% |
| Third Avenue Value Portfolio | Third Avenue Value Portfolio | Third Avenue Value Portfolio |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 3 | 24.37 | 22.24 | 77 | 2.28% | 0.65% | 0.85% | 33.97% | 33.71% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 3 | 18.19 | 16.63 | 58 | 2.54% | 0.65% | 0.85% | (2.91)% | (3.10)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 3 | 18.73 | 17.17 | 59 | 2.39% | 0.65% | 0.85% | 20.06% | 19.82% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 3 | 15.60 | 14.33 | 49 | 1.49% | 0.65% | 0.85% | 15.31% | 15.08% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 3 | 13.53 | 12.45 | 43 | 0.70% | 0.65% | 0.65% | 31.58% | 11.60% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value <br> Corresponding to the <br> Lowest and Highest <br> Expense Ratios | Unit Fair Value <br> Corresponding to the <br> Lowest and Highest <br> Expense Ratios | Net Assets <br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup> <br> Corresponding to the <br> Lowest and Highest <br> Expense Ratios | Total Return <sup>(c)</sup> <br> Corresponding to the <br> Lowest and Highest <br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Touchstone Bond Fund, Class I | Touchstone Bond Fund, Class I | Touchstone Bond Fund, Class I |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 77 | $11.46 | $14.27 | $1102 | 3.97% | 0.49% | 0.85% | 7.11% | 6.72% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 76 | 10.70 | 13.37 | 991 | 7.33% | 0.49% | 0.85% | 1.69% | 1.32% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 56 | 10.52 | 13.20 | 715 | 4.81% | 0.49% | 0.85% | 5.56% | 5.18% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 55 | 9.96 | 12.55 | 668 | 1.77% | 0.49% | 0.85% | (33.86)% | 10.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 72 | 15.06 | 11.31 | 981 | 2.44% | 0.49% | 0.49% | 0.45% | (4.34)% |
| Touchstone Common Stock Fund, Class I | Touchstone Common Stock Fund, Class I |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 2 | 85.16 | 82.37 | 140 | 0.55% | 0.65% | 0.85% | 17.07% | 16.83% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 2 | 30.89 | 70.50 | 124 | 0.36% | 0.49% | 0.85% | 14.20% | 20.45% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 5 | 27.05 | 58.54 | 225 | 0.44% | 0.49% | 0.85% | 26.04% | 25.59% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 5 | 21.46 | 46.61 | 183 | 0.42% | 0.49% | 0.85% | (63.34)% | 82.88% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 8 | 58.55 | 25.49 | 385 | 0.55% | 0.49% | 0.49% | 30.01% | 23.80% |
| Touchstone Common Stock Fund, Class SC | Touchstone Common Stock Fund, Class SC | Touchstone Common Stock Fund, Class SC |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 4 | 83.74 | 81.00 | 294 | 0.27% | 0.65% | 0.85% | 16.89% | 16.65% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 6 | 71.64 | 69.43 | 417 | 0.45% | 0.65% | 0.85% | 20.47% | 20.23% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 6 | 59.47 | 57.75 | 357 | 0.64% | 0.65% | 0.85% | 25.53% | 25.29% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 6 | 47.37 | 46.10 | 296 | 0.24% | 0.65% | 0.85% | (18.32)% | 85.84% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 7 | 58.00 | 24.80 | 381 | 0.40% | 0.49% | 0.49% | 29.73% | 23.52% |
| Touchstone Small Company Fund, Class I | Touchstone Small Company Fund, Class I | Touchstone Small Company Fund, Class I |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 0 \* | 28.95 | 65.10 | 24 | 0.19% | 0.49% | 0.85% | 9.18% | 8.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 1 | 26.52 | 59.84 | 28 | 0.15% | 0.49% | 0.85% | 13.14% | 12.74% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 2 | 23.44 | 53.08 | 98 | 0.16% | 0.49% | 0.85% | 16.03% | 15.62% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 3 | 20.20 | 45.91 | 129 | 0.03% | 0.49% | 0.85% | (63.61)% | 98.86% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 3 | 55.50 | 23.09 | 153 | 0.07% | 0.49% | 0.49% | 26.28% | 20.25% |
| VanEck VIP Emerging Markets Bond Fund, Initial Class | VanEck VIP Emerging Markets Bond Fund, Initial Class | VanEck VIP Emerging Markets Bond Fund, Initial Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 5 | 15.48 | 15.48 | 154 | 5.10% | 0.85% | 0.85% | 17.49% | 17.49% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 6 | 13.18 | 13.18 | 149 | 5.22% | 0.85% | 0.85% | 1.90% | 1.90% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 14 | 12.93 | 12.93 | 238 | 3.89% | 0.85% | 0.85% | 10.46% | 10.46% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 19 | 11.71 | 11.71 | 269 | 4.28% | 0.85% | 0.85% | (10.02)% | 16.25% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 23 | 13.01 | 10.07 | 337 | 4.77% | 0.49% | 0.49% | (2.42)% | (26.22)% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value <br> Corresponding to the <br> Lowest and Highest <br> Expense Ratios | Unit Fair Value <br> Corresponding to the <br> Lowest and Highest <br> Expense Ratios | Net Assets <br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup> <br> Corresponding to the <br> Lowest and Highest <br> Expense Ratios | Total Return <sup>(c)</sup> <br> Corresponding to the <br> Lowest and Highest <br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| VanEck VIP Global Resources Fund, Class S | VanEck VIP Global Resources Fund, Class S | VanEck VIP Global Resources Fund, Class S | VanEck VIP Global Resources Fund, Class S |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 3 | $17.26 | $16.70 | $38 | 1.53% | 0.65% | 0.85% | 35.29% | 35.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 6 | 12.76 | 12.37 | 64 | 2.52% | 0.65% | 0.85% | (3.72)% | (3.91)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 10 | 13.25 | 12.87 | 119 | 2.54% | 0.65% | 0.85% | (4.46)% | (4.65)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 11 | 13.87 | 13.50 | 139 | 1.59% | 0.65% | 0.85% | 7.42% | 81.53% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 9 | 12.91 | 7.43 | 119 | 0.30% | 0.49% | 0.49% | 20.69% | (32.11)% |
| Vanguard VIF Capital Growth Portfolio | Vanguard VIF Capital Growth Portfolio | Vanguard VIF Capital Growth Portfolio | Vanguard VIF Capital Growth Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 21 | 43.19 | 41.68 | 905 | 1.01% | 0.49% | 0.69% | 28.35% | 26.52% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 23 | 33.65 | 32.94 | 779 | 1.11% | 0.49% | 0.69% | 12.85% | 12.63% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 24 | 29.82 | 29.25 | 718 | 1.05% | 0.49% | 0.69% | 27.36% | 27.10% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 25 | 23.41 | 23.01 | 583 | 0.88% | 0.49% | 0.69% | (15.90)% | (16.07)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 25 | 27.84 | 27.42 | 699 | 0.92% | 0.49% | 0.49% | 22.55% | 19.13% |
| Vanguard VIF Diversified Value Portfolio | Vanguard VIF Diversified Value Portfolio | Vanguard VIF Diversified Value Portfolio |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 12 | 29.12 | 28.45 | 333 | 1.52% | 0.49% | 0.69% | 16.26% | 16.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 12 | 25.05 | 24.52 | 290 | 1.57% | 0.49% | 0.69% | 14.32% | 14.09% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 12 | 21.91 | 21.49 | 269 | 1.39% | 0.49% | 0.69% | 19.54% | 19.30% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 13 | 18.33 | 18.01 | 242 | 1.13% | 0.49% | 0.69% | (11.92)% | (12.10)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 14 | 20.81 | 20.49 | 285 | 1.07% | 0.49% | 0.49% | 31.55% | 27.87% |
| Vanguard VIF Mid-Cap Index Portfolio | Vanguard VIF Mid-Cap Index Portfolio | Vanguard VIF Mid-Cap Index Portfolio |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 21 | 28.12 | 27.48 | 588 | 1.24% | 0.49% | 0.69% | 11.00% | 10.77% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 27 | 25.34 | 24.81 | 678 | 1.39% | 0.49% | 0.69% | 14.51% | 14.28% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 25 | 22.13 | 21.71 | 558 | 1.42% | 0.49% | 0.69% | 15.27% | 15.04% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 26 | 19.20 | 18.87 | 487 | 1.14% | 0.49% | 0.69% | (19.22)% | (19.38)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 26 | 23.76 | 23.40 | 623 | 1.09% | 0.49% | 0.49% | 25.39% | 21.88% |
| Vanguard VIF Real Estate Index Portfolio | Vanguard VIF Real Estate Index Portfolio | Vanguard VIF Real Estate Index Portfolio | Vanguard VIF Real Estate Index Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 13 | 17.83 | 17.42 | 237 | 2.66% | 0.49% | 0.69% | 2.61% | 2.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 14 | 17.38 | 17.01 | 235 | 3.25% | 0.49% | 0.69% | 4.23% | 4.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 16 | 16.67 | 16.36 | 268 | 2.42% | 0.49% | 0.69% | 11.15% | 10.93% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 16 | 15.00 | 14.74 | 241 | 1.87% | 0.49% | 0.69% | (26.66)% | (26.80)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 16 | 20.45 | 20.14 | 324 | 2.01% | 0.49% | 0.49% | 41.38% | 37.41% |

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | As of December 31 | As of December 31 | As of December 31 | As of December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 | For the period ended December 31 |
| Subaccount | Units <br> (000's) | Unit Fair Value <br> Corresponding to the <br> Lowest and Highest <br> Expense Ratios | Unit Fair Value <br> Corresponding to the <br> Lowest and Highest <br> Expense Ratios | Net Assets <br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup> <br> Corresponding to the <br> Lowest and Highest <br> Expense Ratios | Total Return <sup>(c)</sup> <br> Corresponding to the <br> Lowest and Highest <br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Vanguard VIF Small Company Growth Portfolio | Vanguard VIF Small Company Growth Portfolio | Vanguard VIF Small Company Growth Portfolio |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 12 | $24.96 | $24.39 | $289 | 0.49% | 0.49% | 0.69% | 5.59% | 5.38% |
| &nbsp;&nbsp;&nbsp;2024 | 17 | 23.64 | 23.14 | 392 | 0.53% | 0.49% | 0.69% | 10.83% | 10.61% |
| &nbsp;&nbsp;&nbsp;2023 | 17 | 21.33 | 20.92 | 363 | 0.40% | 0.49% | 0.69% | 19.06% | 18.83% |
| &nbsp;&nbsp;&nbsp;2022 | 17 | 17.91 | 17.61 | 310 | 0.27% | 0.49% | 0.69% | (25.72)% | (25.86)% |
| &nbsp;&nbsp;&nbsp;2021 | 18 | 24.11 | 23.75 | 434 | 0.37% | 0.49% | 0.49% | 15.17% | 11.94% |
| Victory Pioneer Fund VCT Portfolio, Class I | Victory Pioneer Fund VCT Portfolio, Class I | Victory Pioneer Fund VCT Portfolio, Class I |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 33 | 43.52 | 81.08 | 1947 | 0.45% | 0.49% | 0.85% | 22.75% | 22.31% |
| &nbsp;&nbsp;&nbsp;2024 | 34 | 35.45 | 66.29 | 1647 | 0.77% | 0.49% | 0.85% | 22.05% | 21.61% |
| &nbsp;&nbsp;&nbsp;2023 | 24 | 29.04 | 54.51 | 863 | 0.88% | 0.49% | 0.85% | 28.30% | 27.84% |
| &nbsp;&nbsp;&nbsp;2022 | 25 | 22.64 | 42.64 | 695 | 0.66% | 0.49% | 0.85% | (57.62)% | 55.07% |
| &nbsp;&nbsp;&nbsp;2021 | 25 | 53.42 | 27.50 | 884 | 0.32% | 0.49% | 0.49% | 26.90% | 23.92% |
| Victory Pioneer Mid Cap Value VCT Portfolio, Class II | Victory Pioneer Mid Cap Value VCT Portfolio, Class II | Victory Pioneer Mid Cap Value VCT Portfolio, Class II |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 |  |  |  |  | 1.97% | 0.85% | 0.85% | 11.12% | 11.12% |
| &nbsp;&nbsp;&nbsp;2024 | 4 | 25.91 | 29.15 | 127 | 1.73% | 0.85% | 0.85% | 4.08% | 9.70% |
| &nbsp;&nbsp;&nbsp;2023 | 6 | 24.89 | 26.57 | 150 | 1.72% | 0.85% | 0.85% | 11.26% | 11.26% |
| &nbsp;&nbsp;&nbsp;2022 | 6 | 22.38 | 23.88 | 131 | 0.74% | 0.85% | 0.85% | (12.57)% | 42.37% |
| &nbsp;&nbsp;&nbsp;2021 | 6 | 25.59 | 16.78 | 154 | 0.72% | 0.49% | 0.49% | 28.28% | (10.25)% |
| Victory Pioneer Select Mid Cap Growth VCT Portfolio, Class I | Victory Pioneer Select Mid Cap Growth VCT Portfolio, Class I | Victory Pioneer Select Mid Cap Growth VCT Portfolio, Class I | Victory Pioneer Select Mid Cap Growth VCT Portfolio, Class I |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;2025 | 4 | 31.58 | 69.41 | 231 | 0.00% | 0.49% | 0.85% | 19.89% | 19.46% |
| &nbsp;&nbsp;&nbsp;2024 | 5 | 26.34 | 58.10 | 248 | 0.00% | 0.49% | 0.85% | 23.32% | 22.88% |
| &nbsp;&nbsp;&nbsp;2023 | 5 | 21.36 | 47.28 | 172 | 0.00% | 0.49% | 0.85% | 18.19% | 17.77% |
| &nbsp;&nbsp;&nbsp;2022 | 5 | 18.07 | 40.15 | 151 | 0.00% | 0.49% | 0.85% | (69.23)% | 56.66% |
| &nbsp;&nbsp;&nbsp;2021 | 5 | 58.74 | 25.63 | 223 | 0.00% | 0.49% | 0.49% | 7.15% | 4.64% |

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\* The Subaccount has units and/or dollars that round to less than one thousand.

<sup>(a)</sup> These ratios represent the dividends received by the Subaccount, excluding distributions of capital gains, divided by the daily average net assets. These ratios exclude expenses, such as mortality and expense risk fees, that result in direct reductions in the unit values. The recognition of investment income by the Subaccount is affected by the timing of the declaration of dividends by the underlying mutual fund in which the Subaccounts invest.

<sup>(b)</sup> These ratios represent the annualized Contract expenses of the respective Subaccounts of the Separate Account, consisting primarily of mortality and expense risk fees and excluding investment advisory expenses, for each period indicated. These ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to Contract owner accounts through the redemption of units and expenses of the underlying mutual fund are excluded.

<sup>(c)</sup> These amounts represent the total return for the periods indicated, and include changes in the value of the underlying mutual fund, and reflect deductions for all items included in the expense ratio. These amounts are not annualized and represent each Subaccount's total return for the periods during which the Subaccount held investment balances. The total return does not include any expenses addressed through the redemption of units; inclusion of these expenses in the calculation would result in a reduction in the total return presented.

7. SUBSEQUENT
 EVENTS

The Separate Account has evaluated the effects of events subsequent to December 31, 2025, and through April 13, 2026, the date at which the financial statements were available to be issued. All accounting and disclosure requirements related to subsequent events are included in our financial statements.