# EDGAR Filing Document

**Accession Number:** 0000823535
**File Stem:** 0000823535-25-000411
**Filing Date:** 2025-12
**Character Count:** 55151
**Document Hash:** 62cc8741225c6759258f752dd9740489
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000823535-25-000411.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0000823535-25-000411

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**EFFECTIVENESS DATE**: 20251223

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Variable Insurance Products Fund V
- **CENTRAL INDEX KEY:** 0000823535

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

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-17704
- **FILM NUMBER:** 251595575

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY BOSTON STREET TRUST
- **DATE OF NAME CHANGE:** 19951101

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SPARTAN U S TREASURY MONEY MARKET FUND
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY U S TREASURY MONEY MARKET FUND L P
- **DATE OF NAME CHANGE:** 19900828

## Series and Classes Contracts Data

### Freedom 2030 Portfolio (Series ID: S000017649)

---

|  |  |
|:---|:---|
| Class Name      | Class ID   |
| Initial Class   | C000048777 |
| Service Class   | C000048778 |
| Service Class 2 | C000048779 |

---

### Freedom Income Portfolio (Series ID: S000017650)

---

|  |  |
|:---|:---|
| Class Name      | Class ID   |
| Initial Class   | C000048780 |
| Service Class   | C000048781 |
| Service Class 2 | C000048782 |

---

### Freedom Lifetime Income I Portfolio (Series ID: S000017651)

---

|  |  |
|:---|:---|
| Class Name     | Class ID   |
| Investor Class | C000048783 |

---

### Freedom Lifetime Income II Portfolio (Series ID: S000017652)

---

|  |  |
|:---|:---|
| Class Name     | Class ID   |
| Investor Class | C000048784 |

---

### Freedom Lifetime Income III Portfolio (Series ID: S000017653)

---

|  |  |
|:---|:---|
| Class Name     | Class ID   |
| Investor Class | C000048785 |

---

### Investor Freedom 2010 Portfolio (Series ID: S000017660)

---

|  |  |
|:---|:---|
| Class Name     | Class ID   |
| Investor Class | C000048803 |

---

### Investor Freedom 2015 Portfolio (Series ID: S000017661)

---

|  |  |
|:---|:---|
| Class Name     | Class ID   |
| Investor Class | C000048804 |

---

### Investor Freedom 2020 Portfolio (Series ID: S000017662)

---

|  |  |
|:---|:---|
| Class Name     | Class ID   |
| Investor Class | C000048805 |

---

### Investor Freedom 2025 Portfolio (Series ID: S000017663)

---

|  |  |
|:---|:---|
| Class Name     | Class ID   |
| Investor Class | C000048806 |

---

### Investor Freedom 2030 Portfolio (Series ID: S000017664)

---

|  |  |
|:---|:---|
| Class Name     | Class ID   |
| Investor Class | C000048807 |

---

### Investor Freedom Income Portfolio (Series ID: S000017665)

---

|  |  |
|:---|:---|
| Class Name     | Class ID   |
| Investor Class | C000048808 |

---

### Freedom 2010 Portfolio (Series ID: S000017670)

---

|  |  |
|:---|:---|
| Class Name      | Class ID   |
| Initial Class   | C000048824 |
| Service Class   | C000048825 |
| Service Class 2 | C000048826 |

---

### Freedom 2015 Portfolio (Series ID: S000017671)

---

|  |  |
|:---|:---|
| Class Name      | Class ID   |
| Initial Class   | C000048827 |
| Service Class   | C000048828 |
| Service Class 2 | C000048829 |

---

### Freedom 2020 Portfolio (Series ID: S000017672)

---

|  |  |
|:---|:---|
| Class Name      | Class ID   |
| Initial Class   | C000048830 |
| Service Class   | C000048831 |
| Service Class 2 | C000048832 |

---

### Freedom 2025 Portfolio (Series ID: S000017673)

---

|  |  |
|:---|:---|
| Class Name      | Class ID   |
| Initial Class   | C000048833 |
| Service Class   | C000048834 |
| Service Class 2 | C000048835 |

---

### Freedom 2035 Portfolio (Series ID: S000025268)

---

|  |  |
|:---|:---|
| Class Name      | Class ID   |
| Initial Class   | C000075274 |
| Service Class   | C000075275 |
| Service Class 2 | C000075276 |

---

### Freedom 2040 Portfolio (Series ID: S000025269)

---

|  |  |
|:---|:---|
| Class Name      | Class ID   |
| Initial Class   | C000075277 |
| Service Class   | C000075278 |
| Service Class 2 | C000075279 |

---

### Freedom 2045 Portfolio (Series ID: S000025270)

---

|  |  |
|:---|:---|
| Class Name      | Class ID   |
| Initial Class   | C000075280 |
| Service Class   | C000075281 |
| Service Class 2 | C000075282 |

---

### Freedom 2050 Portfolio (Series ID: S000025271)

---

|  |  |
|:---|:---|
| Class Name      | Class ID   |
| Initial Class   | C000075283 |
| Service Class   | C000075284 |
| Service Class 2 | C000075285 |

---

### Freedom 2055 Portfolio (Series ID: S000065217)

---

|  |  |
|:---|:---|
| Class Name      | Class ID   |
| Service Class 2 | C000211073 |
| Service Class   | C000211074 |
| Initial Class   | C000211075 |

---

### Freedom 2060 Portfolio (Series ID: S000065218)

---

|  |  |
|:---|:---|
| Class Name      | Class ID   |
| Service Class   | C000211076 |
| Service Class 2 | C000211077 |
| Initial Class   | C000211078 |

---

### Freedom 2065 Portfolio (Series ID: S000065219)

---

|  |  |
|:---|:---|
| Class Name      | Class ID   |
| Initial Class   | C000211079 |
| Service Class   | C000211080 |
| Service Class 2 | C000211081 |

---

### Investor Freedom 2035 Portfolio (Series ID: S000076747)

---

|  |  |
|:---|:---|
| Class Name     | Class ID   |
| Investor Class | C000236782 |

---

### Investor Freedom 2040 Portfolio (Series ID: S000076748)

---

|  |  |
|:---|:---|
| Class Name     | Class ID   |
| Investor Class | C000236783 |

---

### Investor Freedom 2045 Portfolio (Series ID: S000076749)

---

|  |  |
|:---|:---|
| Class Name     | Class ID   |
| Investor Class | C000236784 |

---

### Investor Freedom 2050 Portfolio (Series ID: S000076750)

---

|  |  |
|:---|:---|
| Class Name     | Class ID   |
| Investor Class | C000236785 |

---

### Freedom 2070 Portfolio (Series ID: S000085434)

---

|  |  |  |
|:---|:---|:---|
| Class Name      | Ticker Symbol | Class ID   |
| Service Class   | FRDGV         | C000250595 |
| Initial Class   | FRDFV         | C000250596 |
| Service Class 2 | FRDHV         | C000250597 |

---

## Series and Classes Contracts Data

### Freedom 2030 Portfolio (Series ID: S000017649)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000048777 | Initial Class   |  |
| C000048778 | Service Class   |  |
| C000048779 | Service Class 2 |  |

### Freedom Income Portfolio (Series ID: S000017650)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000048780 | Initial Class   |  |
| C000048781 | Service Class   |  |
| C000048782 | Service Class 2 |  |

### Freedom Lifetime Income I Portfolio (Series ID: S000017651)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000048783 | Investor Class |  |

### Freedom Lifetime Income II Portfolio (Series ID: S000017652)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000048784 | Investor Class |  |

### Freedom Lifetime Income III Portfolio (Series ID: S000017653)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000048785 | Investor Class |  |

### Investor Freedom 2010 Portfolio (Series ID: S000017660)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000048803 | Investor Class |  |

### Investor Freedom 2015 Portfolio (Series ID: S000017661)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000048804 | Investor Class |  |

### Investor Freedom 2020 Portfolio (Series ID: S000017662)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000048805 | Investor Class |  |

### Investor Freedom 2025 Portfolio (Series ID: S000017663)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000048806 | Investor Class |  |

### Investor Freedom 2030 Portfolio (Series ID: S000017664)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000048807 | Investor Class |  |

### Investor Freedom Income Portfolio (Series ID: S000017665)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000048808 | Investor Class |  |

### Freedom 2010 Portfolio (Series ID: S000017670)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000048824 | Initial Class   |  |
| C000048825 | Service Class   |  |
| C000048826 | Service Class 2 |  |

### Freedom 2015 Portfolio (Series ID: S000017671)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000048827 | Initial Class   |  |
| C000048828 | Service Class   |  |
| C000048829 | Service Class 2 |  |

### Freedom 2020 Portfolio (Series ID: S000017672)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000048830 | Initial Class   |  |
| C000048831 | Service Class   |  |
| C000048832 | Service Class 2 |  |

### Freedom 2025 Portfolio (Series ID: S000017673)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000048833 | Initial Class   |  |
| C000048834 | Service Class   |  |
| C000048835 | Service Class 2 |  |

### Freedom 2035 Portfolio (Series ID: S000025268)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000075274 | Initial Class   |  |
| C000075275 | Service Class   |  |
| C000075276 | Service Class 2 |  |

### Freedom 2040 Portfolio (Series ID: S000025269)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000075277 | Initial Class   |  |
| C000075278 | Service Class   |  |
| C000075279 | Service Class 2 |  |

### Freedom 2045 Portfolio (Series ID: S000025270)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000075280 | Initial Class   |  |
| C000075281 | Service Class   |  |
| C000075282 | Service Class 2 |  |

### Freedom 2050 Portfolio (Series ID: S000025271)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000075283 | Initial Class   |  |
| C000075284 | Service Class   |  |
| C000075285 | Service Class 2 |  |

### Freedom 2055 Portfolio (Series ID: S000065217)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000211073 | Service Class 2 |  |
| C000211074 | Service Class   |  |
| C000211075 | Initial Class   |  |

### Freedom 2060 Portfolio (Series ID: S000065218)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000211076 | Service Class   |  |
| C000211077 | Service Class 2 |  |
| C000211078 | Initial Class   |  |

### Freedom 2065 Portfolio (Series ID: S000065219)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000211079 | Initial Class   |  |
| C000211080 | Service Class   |  |
| C000211081 | Service Class 2 |  |

### Investor Freedom 2035 Portfolio (Series ID: S000076747)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000236782 | Investor Class |  |

### Investor Freedom 2040 Portfolio (Series ID: S000076748)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000236783 | Investor Class |  |

### Investor Freedom 2045 Portfolio (Series ID: S000076749)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000236784 | Investor Class |  |

### Investor Freedom 2050 Portfolio (Series ID: S000076750)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000236785 | Investor Class |  |

### Freedom 2070 Portfolio (Series ID: S000085434)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000250595 | Service Class   | FRDGV           |
| C000250596 | Initial Class   | FRDFV           |
| C000250597 | Service Class 2 | FRDHV           |

**Supplement to the**

**Fidelity® Variable Insurance Products**

**Freedom Lifetime Income I Portfolio, Freedom Lifetime Income II Portfolio, and Freedom Lifetime Income III Portfolio**

**April 30, 2025**

**STATEMENT OF ADDITIONAL INFORMATION**

*The following information supplements information found in the "Management Contracts" section.*

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom Lifetime Income® I Portfolio ($8 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom Lifetime Income® I Portfolio beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom Lifetime Income® I Portfolio ($8 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom Lifetime Income® I Portfolio beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom Lifetime Income® II Portfolio ($25 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom Lifetime Income® II Portfolio beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom Lifetime Income® II Portfolio ($25 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom Lifetime Income® II Portfolio beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom Lifetime Income® III Portfolio ($29 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom Lifetime Income® III Portfolio beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom Lifetime Income® III Portfolio ($29 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom Lifetime Income® III Portfolio beneficially owned by Ms. Mcguire Foley was none.

VIPFLI-SSTK-1225-107-1.848948.107 December 26, 2025

**Supplement to the**

**Fidelity® Variable Insurance Products**

**Freedom Income Portfolio, Freedom 2010 Portfolio, Freedom 2015 Portfolio, Freedom 2020 Portfolio, Freedom 2025 Portfolio, Freedom 2030 Portfolio, Freedom 2035 Portfolio, Freedom 2040 Portfolio, Freedom 2045 Portfolio, Freedom 2050 Portfolio, Freedom 2055 Portfolio, Freedom 2060 Portfolio, Freedom 2065 Portfolio, and Freedom 2070 Portfolio**

**Initial Class, Service Class, and Service Class 2** 

**April 30, 2025**

**STATEMENT OF ADDITIONAL INFORMATION**

*The following information supplements information found in the "Management Contracts" section.*

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom Income Portfolio℠ ($116 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom Income Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom Income Portfolio℠ ($116 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom Income Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Include VIP Freedom 2010 Portfolio℠ ($247 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2010 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2010 Portfolio℠ ($247 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2010 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  | $none |  |

---

\* Includes VIP Freedom 2015 Portfolio℠ ($59 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2015 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2015 Portfolio℠ ($59 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2015 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2020 Portfolio℠ ($511 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2020 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2020 Portfolio℠ ($511 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2020 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2025 Portfolio℠ ($402 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2025 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2025 Portfolio℠ ($402 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2025 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2030 Portfolio℠ ($820 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2030 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2030 Portfolio℠ ($820 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2030 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2035 Portfolio℠ ($404 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2035 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2035 Portfolio℠ ($404 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2035 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2040 Portfolio℠ ($388 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2040 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2040 Portfolio℠ ($388 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2040 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2045 Portfolio℠ ($219 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2045 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2045 Portfolio℠ ($219 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2045 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2050 Portfolio℠ ($180 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2050 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2050 Portfolio℠ ($180 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2050 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2055 Portfolio℠ ($27 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2055 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2055 Portfolio℠ ($27 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2055 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2060 Portfolio℠ ($26 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2060 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2060 Portfolio℠ ($26 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2060 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2065 Portfolio℠ ($9 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2065 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2065 Portfolio℠ ($9 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2065 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2070 Portfolio℠ ($1 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2070 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\* Includes VIP Freedom 2070 Portfolio℠ ($1 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Freedom 2070 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

VIPFF2K-SSTK-1225-107-1.848946.107 December 26, 2025

**Supplement to the**

**Fidelity® Variable Insurance Products**

**Investor Freedom Income® Portfolio, Investor Freedom® 2010 Portfolio, Investor Freedom® 2015 Portfolio, Investor Freedom® 2020 Portfolio, Investor Freedom® 2025 Portfolio, Investor Freedom® 2030 Portfolio, Investor Freedom® 2035 Portfolio, Investor Freedom® 2040 Portfolio, Investor Freedom® 2045 Portfolio, and Investor Freedom® 2050 Portfolio**

**April 30, 2025**

**STATEMENT OF ADDITIONAL INFORMATION**

*The following information supplements information found in the "Management Contracts" section.*

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom Income Portfolio℠ ($76 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom Income Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom Income Portfolio℠ ($76 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom Income Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom 2010 Portfolio℠ ($54 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom 2010 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  | $none |  |

---

\*Includes VIP Investor Freedom 2010 Portfolio℠ ($54 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom 2010 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of June 30, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom 2015 Portfolio℠ ($88 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom 2015 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom 2015 Portfolio℠ ($88 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom 2015 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom 2020 Portfolio℠ ($174 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom 2020 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom 2020 Portfolio℠ ($174 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom 2020 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom 2025 Portfolio℠ ($207 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom 2025 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom 2025 Portfolio℠ ($207 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom 2025 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom 2030 Portfolio℠ ($371 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom 2030 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom 2030 Portfolio℠ ($371 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom 2030 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom 2035 Portfolio℠ ($27 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom 2035 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom 2035 Portfolio℠ ($27 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom 2035 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom 2040 Portfolio℠ ($19 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom 2040 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom 2040 Portfolio℠ ($19 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom 2040 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom 2045 Portfolio℠ ($6 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom 2045 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom 2045 Portfolio℠ ($6 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom 2045 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

The following table provides information relating to other accounts managed by Cait Dourney as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 27 | 319 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $4501 | $235478 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom 2050 Portfolio℠ ($9 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom 2050 Portfolio℠ beneficially owned by Ms. Dourney was none.

The following table provides information relating to other accounts managed by Finola Mcguire Foley as of May 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | Registered Investment <br> <u>Companies</u>\* | Other Pooled<br> Investment<br> <u>Vehicles</u> | Other<br> <u>Accounts</u> |
| Number of Accounts Managed | 61 | 320 |  |
| Number of Accounts Managed with Performance-Based Advisory Fees |  |  |  |
| Assets Managed (in millions) | $183924 | $235486 |  |
| Assets Managed with Performance-Based Advisory Fees (in millions) |  |  |  |

---

\*Includes VIP Investor Freedom 2050 Portfolio℠ ($9 (in millions) assets managed).

As of May 31, 2025, the dollar range of shares of VIP Investor Freedom 2050 Portfolio℠ beneficially owned by Ms. Mcguire Foley was none.

VIPIFF-SSTK-1225-107-1.848943.107 December 26, 2025