# EDGAR Filing Document

**Accession Number:** 0001007286
**File Stem:** 0001104659-26-043007
**Filing Date:** 2026-4
**Character Count:** 466386
**Document Hash:** 8149a0723fcdc767a366480ce0480ee6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-043007.hdr.sgml**: 20260414

**ACCESSION NUMBER**: 0001104659-26-043007

**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 1 SERIES ACCOUNT
- **CENTRAL INDEX KEY:** 0001007286

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

**FILING VALUES:**
- **FORM TYPE:** N-VPFS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07549
- **FILM NUMBER:** 26859607

**BUSINESS ADDRESS:**
- **STREET 1:** 8515 E ORCHARD RD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111
- **BUSINESS PHONE:** 3037373000

**MAIL ADDRESS:**
- **STREET 1:** 8515 E ORCHARD RD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111

## Series and Classes Contracts Data

### Variable Annuity 1 Series Account (Series ID: S000000655)

| Class ID   | Class Name                                                  | Ticker Symbol   |
|:---|:---|:---|
| C000001885 | Variable Annuity 1 Series Account - Schwab Select           |  |
| C000001886 | Variable Annuity 1 Series Account - Schwab OneSource        |  |
| C000141265 | Variable Annuity 1 Series Account - Schwab OneSource Choice |  |
| C000141360 | Variable Annuity 1 Series Account - Schwab Advisor Choice   |  |

*Variable Annuity-1 Series Account*

*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 Annuity Insurance Company of America 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 Annuity Insurance Company of America 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 Balanced Portfolio, Class I-2

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

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

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 Aggressive Profile Fund, Investor Class

Empower Bond Index Fund, Investor 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

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

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

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 Core Bond Fund, Standard Class

LVIP JPMorgan Small Cap Core Fund, Standard Class

LVIP Nomura SMID Cap Core Fund, Standard Class

MFS VIT II Core Equity Portfolio, Service Class

MFS VIT II International Growth Portfolio, Initial Class

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

Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio, Class S

Neuberger Berman AMT Quality Equity 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

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;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 Bond VCT Portfolio, Class I

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

The statement of changes in net assets for the period from January 1, 2024 to April 12, 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 25, 2025 (date of liquidation) and the statements of changes in net assets for the period from January 1, 2025 to April 11, 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 I SERIES ACCOUNT** |
| STATEMENTS OF ASSETS AND LIABILITIES |
| AS OF DECEMBER 31, 2025 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | AB VPS<br> Discovery<br> Value<br> Portfolio,<br> Class A | AB VPS<br> International<br> Value<br> Portfolio,<br> Class A | AB VPS Large<br> Cap Growth<br> Portfolio,<br> Class A | AB VPS<br> Relative Value<br> Portfolio,<br> Class A | Alger<br> Balanced<br> Portfolio,<br> Class I-2 | Alger Capital<br> Appreciation<br> Portfolio,<br> Class I-2 | Alger Large<br> Cap Growth<br> Portfolio,<br> Class I-2 |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $3286688 | $1475332 | $20040613 | $10958112 | $1230214 | $9384782 | $47450193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 66 | 29 | 378 | 207 | 23 | 2696 | 1198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 5371 | 13309 | 1618 | - | 5062 | 1749 | 325773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 3292125 | 1488670 | 20042609 | 10958319 | 1235299 | 9389227 | 47777164 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 66 | 29 | 378 | 207 | 23 | 2696 | 1198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | - | 100508 | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 66 | 29 | 378 | 100715 | 23 | 2696 | 1198 |
| NET ASSETS | $3292059 | $1488641 | $20042231 | $10857604 | $1235276 | $9386531 | $47775966 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $3167940 | $1469749 | $19772276 | $10699185 | $1229835 | $9377730 | $46635416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 124119 | 18892 | 269955 | 158419 | 5441 | 8801 | 1140550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $3292059 | $1488641 | $20042231 | $10857604 | $1235276 | $9386531 | $47775966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $16.59 | $20.92 | $92.55 | $31.74 | $22.56 | $128.85 | $103.17 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 198113 | 70523 | 216538 | 345246 | 54531 | 72835 | 459922 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $3647685 | $999002 | $16237211 | $10108573 | $792896 | $8061898 | $36645609 |

---

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

(Continued)

See accompanying notes to financial statements.

---

| |
|:---|
| **VARIABLE ANNUITY I SERIES ACCOUNT** |
| STATEMENTS OF ASSETS AND LIABILITIES |
| AS OF DECEMBER 31, 2025 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Alger Mid Cap<br> Growth<br> Portfolio,<br> Class I-2 | Allspring VT<br> Discovery All<br> Cap Growth<br> Fund, Class 2 | Allspring VT<br> Discovery<br> SMID Cap<br> Growth Fund,<br> Class 2 | Allspring VT<br> Opportunity<br> Fund, Class 2 | ALPS Global<br> Opportunity<br> Portfolio,<br> Class I | American<br> Funds IS<br> Capital World<br> Bond Fund,<br> Class 2 | American<br> Funds IS<br> Global<br> Growth Fund,<br> Class 1 |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $4045901 | $1402407 | $6972152 | $5891732 | $134511 | $369985 | $2440945 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 84 | 28 | 260 | 117 | 2 | 6 | 23478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 2083 | 2234 | 47346 | - | 2 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 4048068 | 1404669 | 7019758 | 5891849 | 134515 | 369991 | 2464423 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 84 | 28 | 260 | 117 | 2 | 6 | 23478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | - | 54862 | - | - | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 84 | 28 | 260 | 54979 | 2 | 6 | 23481 |
| NET ASSETS | $4047984 | $1404641 | $7019498 | $5836870 | $134513 | $369985 | $2440942 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $3980639 | $1336671 | $6816817 | $5560175 | $134513 | $369985 | $2440942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 67345 | 67970 | 202681 | 276695 | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $4047984 | $1404641 | $7019498 | $5836870 | $134513 | $369985 | $2440942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $23.82 | $20.86 | $25.29 | $25.70 | $11.38 | $10.11 | $38.79 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 169853 | 67229 | 275688 | 229250 | 11820 | 36596 | 62927 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $3574084 | $1695191 | $6799900 | $5820945 | $141955 | $367211 | $2249842 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Continued)

See accompanying notes to financial statements.

---

| |
|:---|
| **VARIABLE ANNUITY I SERIES ACCOUNT** |
| STATEMENTS OF ASSETS AND LIABILITIES |
| AS OF DECEMBER 31, 2025 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | American<br> Funds IS<br> Global Small<br> Capitalization<br> Fund, Class 2 | American<br> Funds IS<br> Growth-Income<br> Fund, Class 4 | American<br> Funds IS<br> International<br> Fund, Class 2 | American<br> Funds IS<br> New World<br> Fund, Class 2 | American<br> Funds IS<br> The Bond<br> Fund of<br> America,<br> Class 2 | BlackRock<br> 60/40 Target<br> Allocation<br> ETF V.I. Fund,<br> Class III | BlackRock<br> Global<br> Allocation V.I.<br> Fund, Class I |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $216004 | $7418118 | $2420815 | $2836837 | $3021469 | $948401 | $8179073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  | 27432 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 4 | 130 |  | 47 | 45 | 15 | 145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | - | - | - | - | 2 | - | 159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 216008 | 7418248 | 2448247 | 2836884 | 3021516 | 948416 | 8179377 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 4 | 130 |  | 47 | 45 | 15 | 145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  | 27432 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | 2 | 551 | 2 | 6 | - | 1 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 6 | 681 | 27434 | 53 | 45 | 16 | 145 |
| NET ASSETS | $216002 | $7417567 | $2420813 | $2836831 | $3021471 | $948400 | $8179232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $216002 | $7417567 | $2420813 | $2836831 | $3021471 | $948400 | $8153849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | - | - | - | - | - | - | 25383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $216002 | $7417567 | $2420813 | $2836831 | $3021471 | $948400 | $8179232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $19.04 | $64.77 | $22.22 | $32.03 | $9.37 | $14.71 | $17.64 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 11345 | 114530 | 108948 | 88568 | 322462 | 64473 | 463666 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $209704 | $6439304 | $2138781 | $2338679 | $3016610 | $887936 | $8039190 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Continued)

See accompanying notes to financial statements.

---

| |
|:---|
| **VARIABLE ANNUITY I SERIES ACCOUNT** |
| STATEMENTS OF ASSETS AND LIABILITIES |
| AS OF DECEMBER 31, 2025 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | BNY Mellon IP<br> MidCap Stock<br> Portfolio, Initial<br> Shares | BNY Mellon<br> VIF<br> Appreciation<br> Portfolio, Initial<br> Shares | BNY Mellon<br> VIF Growth<br> and Income<br> Portfolio, Initial<br> Shares | BNY Mellon<br> VIF Small Cap<br> Portfolio,<br> Initial Shares | ClearBridge<br> Variable<br> Large Cap<br> Growth<br> Portfolio,<br> Class I | ClearBridge<br> Variable Mid<br> Cap Portfolio,<br> Class I | ClearBridge<br> Variable Small<br> Cap Growth<br> Portfolio,<br> Class I |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $3313218 | $8876293 | $7033607 | $291499 | $1395795 | $264497 | $1780688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 62 | 406 | 143 | 6 | 23 | 67 | 157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 8381 | 49485 | 18547 | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 3321661 | 8926184 | 7052297 | 291505 | 1395818 | 264564 | 1780845 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 62 | 406 | 143 | 6 | 23 | 67 | 157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | - | 5 | 322 | 1 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 62 | 406 | 143 | 11 | 345 | 68 | 160 |
| NET ASSETS | $3321599 | $8925778 | $7052154 | $291494 | $1395473 | $264496 | $1780685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $3304718 | $8597590 | $6420564 | $291494 | $1342889 | $264496 | $1780685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 16881 | 328188 | 631590 | - | 52584 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $3321599 | $8925778 | $7052154 | $291494 | $1395473 | $264496 | $1780685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $20.34 | $33.67 | $39.78 | $48.00 | $48.10 | $23.80 | $28.20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 162892 | 263626 | 176813 | 6073 | 29019 | 11113 | 63145 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $2994285 | $9195781 | $5277760 | $280695 | $1229583 | $261964 | $2088176 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Continued)

See accompanying notes to financial statements.

---

| |
|:---|
| **VARIABLE ANNUITY I SERIES ACCOUNT** |
| STATEMENTS OF ASSETS AND LIABILITIES |
| AS OF DECEMBER 31, 2025 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | 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 |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $303073 | $8953993 | $23780950 | $1574833 | $2748884 | $34361855 | $15225899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  |  | 4539 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 5 | 170 | 496 | 32 |  | 843 | 92850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | - | 24856 | 27676 | 3385 | - | 148750 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 303078 | 8979019 | 23809122 | 1578250 | 2753423 | 34511448 | 15318749 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 5 | 170 | 496 | 32 |  | 843 | 92850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  |  | 4539 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | 4 | - | - | - | 1 | - | 5959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 9 | 170 | 496 | 32 | 4540 | 843 | 98809 |
| NET ASSETS | $303069 | $8978849 | $23808626 | $1578218 | $2748883 | $34510605 | $15219940 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $303069 | $8839409 | $23259909 | $1530658 | $2748883 | $33547141 | $15025687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | - | 139440 | 548717 | 47560 | - | 963464 | 194253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $303069 | $8978849 | $23808626 | $1578218 | $2748883 | $34510605 | $15219940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $13.13 | $54.67 | $33.97 | $12.44 | $22.28 | $42.96 | $14.05 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 23082 | 163783 | 700057 | 126594 | 123379 | 799857 | 1083694 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $267595 | $5977906 | $17176013 | $1552743 | $2758198 | $27394436 | $12316048 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Continued)

See accompanying notes to financial statements.

---

| |
|:---|
| **VARIABLE ANNUITY I SERIES ACCOUNT** |
| STATEMENTS OF ASSETS AND LIABILITIES |
| AS OF DECEMBER 31, 2025 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | DWS CROCI<br> U.S. VIP,<br> Class A | DWS Global<br> Small Cap<br> VIP, Class A | DWS Small<br> Cap Index<br> VIP, Class A | DWS Small<br> Mid Cap<br> Growth VIP,<br> Class A | DWS Small<br> Mid Cap Value<br> VIP, Class A | Empower<br> Aggressive<br> Profile Fund,<br> Investor Class | Empower<br> Bond Index<br> Fund, Investor<br> Class |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $5348776 | $1216637 | $28999488 | $1318985 | $2840521 | $252185 | $9096515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 107 | 23 | 4135 | 25 | 56 | 4 | 148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 5503 | - | 151269 | 1135 | - | - | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 5354386 | 1216660 | 29154892 | 1320145 | 2840577 | 252189 | 9096669 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 107 | 23 | 4134 | 25 | 56 | 4 | 148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | 4 | - | - | 411 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 107 | 27 | 4134 | 25 | 467 | 4 | 148 |
| NET ASSETS | $5354279 | $1216633 | $29150758 | $1320120 | $2840110 | $252185 | $9096521 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $5290453 | $1216633 | $28011868 | $1068049 | $2799226 | $252185 | $9096521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 63826 | - | 1138890 | 252071 | 40884 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $5354279 | $1216633 | $29150758 | $1320120 | $2840110 | $252185 | $9096521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $18.82 | $11.57 | $15.02 | $14.19 | $14.09 | $6.04 | $13.02 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 284207 | 105154 | 1930725 | 92952 | 201598 | 41752 | 698657 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $4184055 | $1089368 | $27425258 | $1281767 | $2663863 | $241480 | $9702103 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp; (Continued)

See accompanying notes to financial statements.

---

| |
|:---|
| **VARIABLE ANNUITY I SERIES ACCOUNT** |
| STATEMENTS OF ASSETS AND LIABILITIES |
| AS OF DECEMBER 31, 2025 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower<br> Conservative<br> Profile Fund,<br> Investor<br> Class | Empower<br> International<br> Index Fund,<br> Investor<br> Class | Empower<br> International<br> Value Fund,<br> Investor<br> Class | Empower<br> Lifetime 2015<br> Fund,<br> Investor<br> Class | Empower<br> Lifetime 2020<br> Fund,<br> Investor<br> Class | Empower<br> Lifetime 2025<br> Fund,<br> Investor<br> Class | Empower<br> Lifetime 2030<br> Fund,<br> Investor<br> Class |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $3327374 | $4888622 | $593410 | $47637 | $420761 | $629805 | $742651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 3846 | 1418 | 10 | 1 | 7 | 11 | 12 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | - | 1 | - | 1 | - | 1 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 3331220 | 4890041 | 593420 | 47639 | 420768 | 629817 | 742663 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 3846 | 1418 | 10 | 1 | 7 | 11 | 12 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | 100 | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 3946 | 1418 | 10 | 1 | 7 | 11 | 12 |
| NET ASSETS | $3327274 | $4888623 | $593410 | $47638 | $420761 | $629806 | $742651 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $3233624 | $4888623 | $593410 | $47638 | $420761 | $629806 | $742651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 93650 | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $3327274 | $4888623 | $593410 | $47638 | $420761 | $629806 | $742651 |
| &nbsp;&nbsp;&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;&nbsp;&nbsp;Shares outstanding in the Separate Account | 428785 | 310192 | 37392 | 3462 | 38816 | 42873 | 65432 |
| &nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $3293202 | $3949547 | $512024 | $46049 | $415075 | $620647 | $766537 |

---

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

(Continued)

See accompanying notes to financial statements.

---

| |
|:---|
| **VARIABLE ANNUITY I SERIES ACCOUNT** |
| STATEMENTS OF ASSETS AND LIABILITIES |
| AS OF DECEMBER 31, 2025 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower<br> Lifetime 2035<br> Fund, Investor<br> Class | Empower<br> Lifetime 2040<br> Fund, Investor<br> Class | Empower<br> Lifetime 2045<br> Fund, Investor<br> Class | Empower<br> Lifetime 2050<br> Fund, Investor<br> Class | Empower<br> Lifetime 2055<br> Fund, Investor<br> Class | Empower<br> Lifetime 2060<br> Fund, Investor<br> Class | Empower Mid<br> Cap Value<br> Fund, Investor<br> Class |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $249275 | $39129 | $149718 | $85913 | $142971 | $95872 | $992000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 4 | 1 | 3 | 1 | 2 | 2 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | - | 1 | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 249279 | 39131 | 149721 | 85914 | 142973 | 95874 | 992018 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 4 | 1 | 3 | 1 | 2 | 2 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | 1 | - | 1 | - | - | 2 | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 5 | 1 | 4 | 1 | 2 | 4 | 24 |
| NET ASSETS | $249274 | $39130 | $149717 | $85913 | $142971 | $95870 | $991994 |
| &nbsp;&nbsp;&nbsp;ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $249274 | $39130 | $149717 | $85913 | $142971 | $95870 | $991994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | - | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $249274 | $39130 | $149717 | $85913 | $142971 | $95870 | $991994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $15.11 | $11.71 | $15.76 | $12.52 | $20.88 | $11.81 | $14.07 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 16497 | 3342 | 9500 | 6862 | 6847 | 8118 | 70505 |
| &nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $245978 | $36802 | $121566 | $76369 | $109834 | $83442 | $1030917 |

---

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

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY I SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower<br> Moderate <br> Profile Fund,<br> Investor Class | Empower<br> Moderately<br> Aggressive<br> Profile<br> Fund, Investor<br> Class | Empower<br> Moderately<br> Conservative<br> Profile <br> Fund, Investor<br> Class | Empower<br> Multi-<br> Sector Bond<br> Fund,<br> Investor Class | Empower Real<br> Estate Index<br> Fund,<br> Investor Class | Empower<br> SecureFoundation<br> Balanced<br> Fund,<br> Investor Class | Empower<br> Small Cap <br> Value Fund,<br> Investor Class |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $9553933 | $4122596 | $4542585 | $7575340 | $317670 | $152554373 | $1033834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  | 45816 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 9178 | 71 | 3869 |  | 6 | 378370 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | - | - | 3 | 13421 | 1 | 1063 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 9563111 | 4122667 | 4546457 | 7634577 | 317677 | 152933806 | 1033861 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 9178 | 71 | 3869 |  | 6 | 378370 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  | 45816 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | 34135 | 1 | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 43313 | 72 | 3869 | 45816 | 6 | 378370 | 18 |
| NET ASSETS | $9519798 | $4122595 | $4542588 | $7588761 | $317671 | $152555436 | $1033843 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $9153656 | $4122595 | $4542588 | $7392205 | $317671 | $152442708 | $1033843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 366142 | - | - | 196556 | - | 112728 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $9519798 | $4122595 | $4542588 | $7588761 | $317671 | $152555436 | $1033843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $6.56 | $7.46 | $8.38 | $13.54 | $12.22 | $13.98 | $39.82 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 1456392 | 552627 | 542075 | 559479 | 25996 | 10912330 | 25963 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $9587920 | $3955766 | $4613771 | $7586365 | $316006 | $143761958 | $926760 |

---

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

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY I SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower T.<br> Rowe<br> Price Mid Cap<br> Growth Fund,<br> Investor Class | Federated<br> Hermes Fund<br> for U.S.<br> Government<br> Securities II | Federated<br> Hermes<br> Managed<br> Volatility<br> Fund II,<br> Primary<br> Shares | Franklin Small<br> Cap Value VIP<br> Fund, Class 2 | Invesco V.I.<br> Comstock<br> Fund, Series I | Invesco V.I.<br> Core Equity<br> Fund, Series I | Invesco V.I.<br> EQV<br> International<br> Equity Fund,<br> Series I |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $1965814 | $19092867 | $1817269 | $4121232 | $6779489 | $4501808 | $10890836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 32 | 377 | 76 | 77 | 8633 | 106 | 32265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | - | 124775 | 14660 | 12321 | 660 | 47162 | 52214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 1965846 | 19218019 | 1832005 | 4133630 | 6788782 | 4549076 | 10975315 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 32 | 377 | 76 | 77 | 8633 | 106 | 32265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | 3 | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 35 | 377 | 76 | 77 | 8633 | 106 | 32265 |
| NET ASSETS | $1965811 | $19217642 | $1831929 | $4133553 | $6780149 | $4548970 | $10943050 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $1965811 | $17905247 | $1775208 | $4013743 | $6753637 | $4347234 | $10577950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | - | 1312395 | 56721 | 119811 | 26512 | 201736 | 365100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $1965811 | $19217642 | $1831929 | $4133553 | $6780149 | $4548970 | $10943050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 51542 | 2050791 | 174737 | 297133 | 316503 | 124946 | 301602 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $1776344 | $20698586 | $1733618 | $4032485 | $6290660 | $3697047 | $10589120 |

---

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

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY I SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Invesco V.I.<br> Global Fund,<br> Series I | Invesco V.I.<br> Growth and<br> Income Fund,<br> Series I | Invesco V.I.<br> High Yield<br> Fund, Series I | Invesco V.I.<br> International<br> Growth Fund,<br> Series I | Invesco V.I.<br> Main Street<br> Mid Cap Fund,<br> Series I | Invesco V.I.<br> Main Street<br> Small Cap<br> Fund, Series I | Invesco V.I.<br> Small Cap<br> Equity Fund,<br> Series I |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $32767266 | $9628156 | $3681855 | $9568959 | $1737927 | $2226008 | $2677226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  | 2429 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 45423 | 565 |  | 178 | 44695 | 169 | 52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 166667 | 29844 | 20513 | - | - | - | 1584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 32979356 | 9658565 | 3704797 | 9569137 | 1782622 | 2226177 | 2678862 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 45423 | 565 |  | 178 | 44695 | 169 | 52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  | 2429 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | - | 3227 | 67 | 298 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 45423 | 565 | 2429 | 3405 | 44762 | 467 | 52 |
| NET ASSETS | $32933933 | $9658000 | $3702368 | $9565732 | $1737860 | $2225710 | $2678810 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $32079907 | $8811769 | $3454093 | $9218055 | $1728811 | $2223758 | $2612965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 854026 | 846231 | 248275 | 347677 | 9049 | 1952 | 65845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $32933933 | $9658000 | $3702368 | $9565732 | $1737860 | $2225710 | $2678810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 863433 | 451390 | 776763 | 4932453 | 157850 | 77996 | 133461 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $32515318 | $8830968 | $3880869 | $10456829 | $1661088 | $2190596 | $2474069 |

---

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

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY I SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Invesco V.I.<br> Technology<br> Fund, Series I | Janus<br> Henderson<br> VIT Balanced<br> Portfolio,<br> Institutional<br> Shares | Janus<br> Henderson<br> VIT Balanced<br> Portfolio,<br> Service Shares | Janus<br> Henderson<br> VIT Flexible<br> Bond<br> Portfolio,<br> Institutional<br> Shares | Janus<br> Henderson<br> VIT Flexible<br> Bond<br> Portfolio,<br> Service Shares | Janus<br> Henderson<br> VIT Global<br> Research<br> Portfolio,<br> Institutional<br> Shares | Janus<br> Henderson<br> VIT Global<br> Technology<br> and<br> Innovation<br> Portfolio,<br> Institutional<br> Shares |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $6515738 | $16737212 | $136124637 | $13019274 | $30520714 | $19531820 | $1994617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  |  | 14255 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 135 | 1607 | 592431 | 35810 |  | 30323 | 32 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 15970 | 28692 | 25988 | 71531 | 119392 | 97627 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 6531843 | 16767511 | 136743056 | 13126615 | 30654361 | 19659770 | 1994649 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 135 | 1607 | 592431 | 35810 |  | 30324 | 32 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  |  | 14255 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | - | - | - | - | 6337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 135 | 1607 | 592431 | 35810 | 14255 | 30324 | 6369 |
| NET ASSETS | $6531708 | $16765904 | $136150625 | $13090805 | $30640106 | $19629446 | $1988280 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $6440128 | $16315002 | $131954231 | $12738365 | $29415724 | $19013446 | $1858008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 91580 | 450902 | 4196394 | 352440 | 1224382 | 616000 | 130272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $6531708 | $16765904 | $136150625 | $13090805 | $30640106 | $19629446 | $1988280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 253629 | 299628 | 2288578 | 1311105 | 2739741 | 245159 | 83317 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $5171176 | $10519815 | $91160273 | $14823687 | $33571936 | $13039695 | $1438246 |

---

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

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY I SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Janus<br> Henderson<br> VIT Global<br> Technology<br> and<br> Innovation<br> Portfolio,<br> Service Shares | Janus<br> Henderson<br> VIT Overseas<br> Portfolio,<br> Institutional<br> Shares | Janus<br> Henderson<br> VIT Overseas<br> Portfolio,<br> Service Shares | Janus<br> Henderson<br> VIT Research<br> Portfolio,<br> Institutional<br> Shares | Lazard<br> Retirement<br> Emerging<br> Markets<br> Equity<br> Portfolio,<br> Service Shares | Lord Abbett<br> Series Fund<br> Short<br> Duration<br> Income<br> Portfolio,<br> Class VC | LVIP<br> American<br> Century<br> Balanced<br> Fund, <br> Standard<br> Class II |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $16860336 | $3480645 | $1928474 | $11608539 | $14753586 | $2149475 | $27983580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 399 | 81 | 45 | 272 | 5288 | 36 | 75722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 1528 | 44032 | 43343 | 165706 | 82231 | 2 | 6356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 16862263 | 3524758 | 1971862 | 11774517 | 14841105 | 2149513 | 28065658 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 399 | 81 | 45 | 272 | 5288 | 36 | 75722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 399 | 81 | 45 | 272 | 5288 | 36 | 75722 |
| NET ASSETS | $16861864 | $3524677 | $1971817 | $11774245 | $14835817 | $2149477 | $27989936 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $16797161 | $3411966 | $1777441 | $10916465 | $14056286 | $2149477 | $27200204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 64703 | 112711 | 194376 | 857780 | 779531 | - | 789732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $16861864 | $3524677 | $1971817 | $11774245 | $14835817 | $2149477 | $27989936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 704275 | 62355 | 36373 | 178868 | 493761 | 162102 | 3093818 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $12832913 | $2190988 | $1515398 | $6174786 | $10682072 | $2192226 | $24540232 |

---

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

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY I SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | LVIP<br> American<br> Century<br> Disciplined<br> Core Value<br> Fund, Standard<br> Class II | LVIP<br> American<br> Century<br> International<br> Fund, Standard<br> Class II | LVIP<br> American<br> Century Mid<br> Cap Value<br> Fund, Service<br> Class | LVIP<br> American<br> Century Value<br> Fund, Standard<br> Class II | LVIP Baron<br> Growth<br> Opportunities<br> Fund, Service<br> Class | LVIP<br> BlackRock<br> Equity<br> Dividend<br> Fund, Standard<br> Class | LVIP<br> JPMorgan<br> Core Bond<br> Fund, Standard<br> Class |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $10561650 | $6782832 | $9801021 | $19247830 | $15057457 | $1031409 | $1362975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 204 | 129 | 187 | 377 | 2202 | 16 | 31945 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 14328 | 10953 | 28267 | 65759 | 170144 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 10576182 | 6793914 | 9829475 | 19313966 | 15229803 | 1031425 | 1394920 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 204 | 129 | 187 | 377 | 2202 | 16 | 31945 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | - | - | - | 1 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 204 | 129 | 187 | 377 | 2202 | 17 | 31945 |
| NET ASSETS | $10575978 | $6793785 | $9829288 | $19313589 | $15227601 | $1031408 | $1362975 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $10481294 | $6619532 | $9571822 | $18792564 | $14467007 | $1031408 | $1362975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 94684 | 174253 | 257466 | 521025 | 760594 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $10575978 | $6793785 | $9829288 | $19313589 | $15227601 | $1031408 | $1362975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 1091080 | 553927 | 505337 | 1489885 | 252816 | 40011 | 136900 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $9616864 | $6013848 | $10416998 | $17909618 | $14118404 | $1061440 | $1387571 |

---

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

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY I SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | LVIP<br> JPMorgan<br> Small Cap<br> Core Fund,<br> Standard Class | LVIP Nomura<br> SMID Cap<br> Core Fund,<br> Standard Class | MFS VIT II<br> Core Equity<br> Portfolio,<br> Service Class | MFS VIT II<br> International<br> Growth<br> Portfolio,<br> Initial Class | MFS VIT II<br> International<br> Intrinsic Value<br> Portfolio,<br> Service Class | MFS VIT III<br> Blended<br> Research<br> Small Cap<br> Equity<br> Portfolio,<br> Initial Class | MFS VIT III<br> Mid Cap Value<br> Portfolio,<br> Initial Class |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $2908817 | $7439525 | $158843 | $2163388 | $39308136 | $250709 | $593930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 54 | 210 | 3 | 36 | 50309 | 4 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 6518 | - | - | - | 75158 | - | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 2915389 | 7439735 | 158846 | 2163424 | 39433603 | 250713 | 593941 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 54 | 210 | 3 | 36 | 50309 | 4 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | 10656 | - | - | - | 1 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 54 | 10866 | 3 | 36 | 50309 | 5 | 10 |
| NET ASSETS | $2915335 | $7428869 | $158843 | $2163388 | $39383294 | $250708 | $593931 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $2892820 | $7226490 | $158843 | $2163388 | $38274808 | $250708 | $593931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 22515 | 202379 | - | - | 1108486 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $2915335 | $7428869 | $158843 | $2163388 | $39383294 | $250708 | $593931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $21.95 | $29.36 | $31.13 | $17.94 | $36.15 | $9.77 | $10.11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 132544 | 253407 | 5103 | 120590 | 1087362 | 25661 | 58747 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $2866607 | $6209166 | $150812 | $1871565 | $31399104 | $254902 | $587537 |

---

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

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY I SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | MFS VIT<br> Utilities<br> Series, <br> Service<br> Class | Neuberger<br> Berman AMT<br> Mid Cap<br> Intrinsic Value<br> Portfolio,<br> Class S | Neuberger<br> Berman AMT<br> Quality Equity<br> Portfolio,<br> Class S | Nomura VIP<br> Emerging<br> Markets<br> Series,<br> Standard<br> Class | Nomura VIP<br> International<br> Core Equity<br> Series, Service<br> Class | Nomura VIP<br> International<br> Core Equity<br> Series,<br> Standard Class | Nomura VIP<br> Small Cap<br> Value Series,<br> Standard Class |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $5729737 | $553971 | $999459 | $4582612 | $1596304 | $200937 | $17711015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 46533 | 10 | 14 | 26118 | 24 | 3 | 598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 22439 | 13456 | - | 1532 | - | - | 34797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 5798709 | 567437 | 999473 | 4610262 | 1596328 | 200940 | 17746410 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 46533 | 10 | 14 | 26118 | 24 | 3 | 598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | - | - | 23 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 46533 | 10 | 14 | 26118 | 47 | 3 | 598 |
| NET ASSETS | $5752176 | $567427 | $999459 | $4584144 | $1596281 | $200937 | $17745812 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $5536063 | $550605 | $999459 | $4484646 | $1596281 | $200937 | $17187408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 216113 | 16822 | - | 99498 | - | - | 558404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $5752176 | $567427 | $999459 | $4584144 | $1596281 | $200937 | $17745812 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $36.82 | $20.81 | $42.82 | $40.00 | $19.44 | $19.35 | $40.08 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 155615 | 26620 | 23341 | 114565 | 82114 | 10384 | 441892 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $5212697 | $533301 | $596584 | $2757330 | $1319452 | $174693 | $15859997 |

---

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

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY I SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | NVIT Mid<br> Cap Index<br> Fund, Class II | PIMCO VIT<br> CommodityRealReturn<br> Strategy<br> Portfolio,<br> Administrative<br> Class | PIMCO VIT<br> Emerging<br> Markets Bond<br> Portfolio,<br> Administrative<br> Class | PIMCO VIT<br> High Yield<br> Portfolio,<br> Administrative<br> Class | PIMCO VIT<br> Low Duration<br> Portfolio,<br> Administrative<br> Class | PIMCO VIT<br> Real Return<br> Portfolio,<br> Administrative<br> Class | PIMCO VIT<br> Total Return<br> Portfolio,<br> Administrative<br> Class |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $19967595 | $2552831 | $875007 | $24679790 | $57594213 | $3035230 | $113518044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  |  | 100060 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 4415 | 47 | 13 | 590 |  | 46 | 86489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 86380 | - | - | 48352 | 254779 | - | 123479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 20058390 | 2552878 | 875020 | 24728732 | 57949052 | 3035276 | 113728012 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 4415 | 47 | 13 | 590 |  | 46 | 86489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  |  | 100060 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | 776 | 35 | - | - | 533 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 4415 | 823 | 48 | 590 | 100060 | 579 | 86489 |
| NET ASSETS | $20053975 | $2552055 | $874972 | $24728142 | $57848992 | $3034697 | $113641523 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $19219691 | $2524607 | $874972 | $24060928 | $55944166 | $3022530 | $110774596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 834284 | 27448 | - | 667214 | 1904826 | 12167 | 2866927 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $20053975 | $2552055 | $874972 | $24728142 | $57848992 | $3034697 | $113641523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $19.41 | $6.29 | $11.42 | $7.41 | $9.78 | $12.01 | $9.45 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 1028727 | 405856 | 76621 | 3330606 | 5888979 | 252725 | 12012491 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $19830090 | $2654170 | $857280 | $24864517 | $58647177 | $3071053 | $123035182 |

---

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

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY I SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Prudential<br> Series Fund<br> PGIM<br> Jennison<br> Blend<br> Portfolio,<br> Class II | Putnam VT<br> Core Equity<br> Fund, Class IA | Putnam VT<br> Global Asset<br> Allocation<br> Fund, Class IA | Putnam VT<br> Global Health<br> Care Fund,<br> Class IB | Putnam VT<br> Income Fund,<br> Class IA | Putnam VT<br> International<br> Equity Fund,<br> Class IA | Putnam VT<br> International<br> Value Fund,<br> Class IA |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $2756736 | $4044047 | $937816 | $2977113 | $5462974 | $2835801 | $1653412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 59 | 73 | 19 | 60 | 92 | 48 | 20574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | - | 2 | - | 17001 | 1 | - | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 2756795 | 4044122 | 937835 | 2994174 | 5463067 | 2835849 | 1673988 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 59 | 73 | 19 | 60 | 92 | 48 | 20574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | 50 | - | 2 | - | - | 1 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 109 | 73 | 21 | 60 | 92 | 49 | 20574 |
| NET ASSETS | $2756686 | $4044049 | $937814 | $2994114 | $5462975 | $2835800 | $1653414 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $2756686 | $4044049 | $937814 | $2954544 | $5462975 | $2835800 | $1653414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | - | - | - | 39570 | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $2756686 | $4044049 | $937814 | $2994114 | $5462975 | $2835800 | $1653414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $139.85 | $23.64 | $19.47 | $16.81 | $8.30 | $20.11 | $16.12 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 19712 | 171068 | 48167 | 177104 | 658190 | 141014 | 102569 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $1014357 | $3424093 | $819985 | $2745931 | $6153779 | $2301555 | $1267090 |

---

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

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY I SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Putnam VT<br> Large Cap<br> Value Fund,<br> Class IB | Putnam VT<br> Mortgage<br> Securities<br> Fund, Class IB | Putnam VT<br> Small Cap<br> Value Fund,<br> Class IA | Royce Capital<br> Fund<br> Small-Cap<br> Portfolio,<br> Service Class | Schwab<br> Government<br> Money<br> Market<br> Portfolio | Schwab S&P<br> 500 Index<br> Portfolio | Schwab VIT<br> Balanced<br> Portfolio |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $21196150 | $3313530 | $498712 | $2886124 | $154446656 | $612463635 | $3360839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  |  | 216653 | 112345 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 73941 | 63 | 9 | 39074 |  |  | 47 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 92831 | 8477 | - | 2306 | 275122 | 1857416 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 21362922 | 3322070 | 498721 | 2927504 | 154938431 | 614433396 | 3360886 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 73941 | 63 | 9 | 39074 |  |  | 47 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  |  | 216653 | 112345 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | - | 1 | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 73941 | 63 | 10 | 39074 | 216653 | 112345 | 47 |
| NET ASSETS | $21288981 | $3322007 | $498711 | $2888430 | $154721778 | $614321051 | $3360839 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $20661628 | $3235140 | $498711 | $2844832 | $144464358 | $593503410 | $3360839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 627353 | 86867 | - | 43598 | 10257420 | 20817641 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $21288981 | $3322007 | $498711 | $2888430 | $154721778 | $614321051 | $3360839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $35.69 | $6.20 | $11.10 | $9.20 | $1.00 | $100.71 | $15.40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 593896 | 534440 | 44929 | 313709 | 154446656 | 6081458 | 218236 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $16962613 | $3636475 | $520171 | $2920560 | $154446657 | $306308695 | $2867972 |

---

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

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY I SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Schwab VIT<br> Balanced with<br> Growth<br> Portfolio | Schwab VIT<br> Growth<br> Portfolio | T. Rowe Price<br> Health<br> Sciences<br> Portfolio | T. Rowe Price<br> Health<br> Sciences<br> Portfolio,<br> Class II | Templeton<br> Foreign VIP<br> Fund, Class 2 | Templeton<br> Global Bond<br> VIP Fund,<br> Class 2 | Third Avenue<br> Value<br> Portfolio |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $6747835 | $1986968 | $1662196 | $2578468 | $7364365 | $5663821 | $1405380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  |  |  | 41176 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 1786 | 28 | 24 | 51 | 138 |  | 26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | - | 1 | - | - | 1331 | - | 7264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 6749621 | 1986997 | 1662220 | 2578519 | 7365834 | 5704997 | 1412670 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 1786 | 28 | 24 | 51 | 138 |  | 26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  |  |  | 41176 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | 7 | - | 2334 | 4817 | - | 222 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 1793 | 28 | 2358 | 4868 | 138 | 41398 | 26 |
| NET ASSETS | $6747828 | $1986969 | $1659862 | $2573651 | $7365696 | $5663599 | $1412644 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $6747828 | $1986969 | $1611852 | $2552048 | $7317665 | $5532050 | $1380023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | - | - | 48010 | 21603 | 48031 | 131549 | 32621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $6747828 | $1986969 | $1659862 | $2573651 | $7365696 | $5663599 | $1412644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $18.59 | $21.72 | $58.47 | $54.03 | $16.22 | $13.17 | $25.04 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 362982 | 91481 | 28428 | 47723 | 454030 | 430055 | 56125 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $5277382 | $1781946 | $1489199 | $2421940 | $6351858 | $6056477 | $929941 |

---

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

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY I SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Touchstone<br> Bond Fund,<br> Class I | Touchstone<br> Common<br> Stock Fund,<br> Class I | Touchstone<br> Common<br> Stock Fund,<br> Class SC | Touchstone<br> Small<br> Company<br> Fund, Class I | VanEck VIP<br> Emerging<br> Markets Bond<br> Fund, Initial<br> Class | VanEck VIP<br> Global<br> Resources<br> Fund, Class S | Vanguard VIF<br> Capital<br> Growth<br> Portfolio |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $6825872 | $12578360 | $6336137 | $5894467 | $2939787 | $3414771 | $7212470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |  |  | 18849 |  |  | 5518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 127 | 258 | 116 |  | 61 | 105145 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 2095 | - | 9249 | 45944 | 13061 | 26405 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 6828094 | 12578618 | 6345502 | 5959260 | 2952909 | 3546321 | 7217988 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 127 | 258 | 116 |  | 61 | 105145 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |  |  | 18849 |  |  | 5518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - | 328 | - | - | - | - | 5273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 127 | 586 | 116 | 18849 | 61 | 105145 | 10791 |
| NET ASSETS | $6827967 | $12578032 | $6345386 | $5940411 | $2952848 | $3441176 | $7207197 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $6599600 | $12342603 | $6291581 | $5759146 | $2865691 | $3215021 | $7097645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 228367 | 235429 | 53805 | 181265 | 87157 | 226155 | 109552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $6827967 | $12578032 | $6345386 | $5940411 | $2952848 | $3441176 | $7207197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $8.76 | $12.91 | $12.77 | $14.18 | $8.18 | $31.97 | $61.82 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 779209 | 974311 | 496174 | 415689 | 359387 | 106812 | 116669 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $7149871 | $10296392 | $5102879 | $5831002 | $2853474 | $3049352 | $5014954 |

---

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

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY I SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Vanguard VIF<br> Diversified<br> Value<br> Portfolio | Vanguard VIF<br> Mid-Cap<br> Index<br> Portfolio | Vanguard VIF<br> Real Estate<br> Index<br> Portfolio | Vanguard VIF<br> Small<br> Company<br> Growth<br> Portfolio | Victory<br> Pioneer Bond<br> VCT<br> Portfolio,<br> Class I | Victory<br> Pioneer Fund<br> VCT<br> Portfolio,<br> Class I | Victory<br> Pioneer Mid<br> Cap Value<br> VCT<br> Portfolio,<br> Class II |
| ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $6482885 | $12261081 | $3582283 | $2706974 | $1887928 | $5969183 | $1615407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  | 9116 | 1619 |  |  | 15649 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 96 |  |  | 40 | 28 |  | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | - | - | - | - | - | 31659 | 8064 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 6482981 | 12270197 | 3583902 | 2707014 | 1887956 | 6016491 | 1623506 |
| LIABILITIES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 96 |  |  | 40 | 28 |  | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  | 9116 | 1619 |  |  | 15649 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | 1108 | 4603 | 487 | 151 | 28 | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 1204 | 13719 | 2106 | 191 | 56 | 15649 | 35 |
| NET ASSETS | $6481777 | $12256478 | $3581796 | $2706823 | $1887900 | $6000842 | $1623471 |
| ANALYSIS OF NET ASSETS |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $6458086 | $12163850 | $3572591 | $2703694 | $1887900 | $5561394 | $1608488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 23691 | 92628 | 9205 | 3129 | - | 439448 | 14983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $6481777 | $12256478 | $3581796 | $2706823 | $1887900 | $6000842 | $1623471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $17.47 | $27.96 | $11.57 | $19.07 | $9.77 | $19.65 | $11.19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 371087 | 438522 | 309618 | 141949 | 193237 | 303775 | 144362 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $5426921 | $10207883 | $3663996 | $2856596 | $1881254 | $5059190 | $1555126 |

---

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

(Continued)

See accompanying notes to financial statements.

**VARIABLE ANNUITY I SERIES ACCOUNT**

STATEMENTS OF ASSETS AND LIABILITIES

AS OF DECEMBER 31, 2025

---

| | |
|:---|:---|
|  | SUBACCOUNTS |
|  | Victory Pioneer<br> Select Mid Cap<br> Growth VCT<br> Portfolio, Class I |
| ASSETS: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments at fair value <sup>(1)</sup> | $7187614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Contracts |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the fund manager | 153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receivable from the Company | 756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | 7188523 |
| LIABILITIES: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Contracts | 153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the fund manager |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payable to the Company | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 153 |
| NET ASSETS | $7188370 |
| ANALYSIS OF NET ASSETS |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulation period | $7184314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annuity period | 4056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total net assets | $7188370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value per share (NAV) | $29.33 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares outstanding in the Separate Account | 245060 |
| &nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup> Investments in mutual fund shares, at cost | $6322495 |

---

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

(Concluded)

See accompanying notes to financial statements.

**VARIABLE ANNUITY I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | AB VPS<br> Discovery<br> Value<br> Portfolio,<br> Class A | AB VPS<br> International<br> Value<br> Portfolio,<br> Class A | AB VPS Large<br> Cap Growth<br> Portfolio,<br> Class A | AB VPS<br> Relative Value<br> Portfolio,<br> Class A | Alger<br> Balanced<br> Portfolio,<br> Class I-2 | Alger Capital<br> Appreciation<br> Portfolio,<br> Class I-2 | Alger Large<br> Cap Growth<br> Portfolio,<br> Class I-2 |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $27484 | $34811 | $- | $131270 | $32134 | $- | $- |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 23720 | 9955 | 142814 | 79588 | 7876 | 51751 | 334983 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | - | - | 12206 | 189 | - | 5779 | 428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 23720 | 9955 | 155020 | 79777 | 7876 | 57530 | 335411 |
| NET INVESTMENT INCOME (LOSS) | 3764 | 24856 | (155020) | 51493 | 24258 | (57530) | (335411) |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (83964) | 44410 | 579960 | 250196 | 34308 | 1309125 | 1787074 |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | 355595 | - | 1850082 | 956468 | 116087 | 1418595 | 5119060 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 271631 | 44410 | 2430042 | 1206664 | 150395 | 2727720 | 6906134 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (224502) | 390527 | 238765 | (166227) | (10956) | (347909) | 4422978 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 47129 | 434937 | 2668807 | 1040437 | 139439 | 2379811 | 11329112 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $50893 | $459793 | $2513787 | $1091930 | $163697 | $2322281 | $10993701 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Alger Mid Cap<br> Growth<br> Portfolio,<br> Class I-2 | Allspring VT<br> Discovery All<br> Cap Growth<br> Fund, Class 2 | Allspring VT<br> Discovery<br> SMID Cap<br> Growth Fund,<br> Class 2 | Allspring VT<br> Opportunity<br> Fund, Class 2 | ALPS Global<br> Opportunity<br> Portfolio,<br> Class I | American<br> Funds IS<br> Capital World<br> Bond Fund,<br> Class 2 | American<br> Funds IS<br> Global Growth<br> Fund, Class 1 |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $- | $- | $- | $3008 | $9720 | $10623 | $36556 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 33159 | 13748 | 48769 | 41481 | 1632 | 1974 | 11948 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | - | - | 2599 | - | 147 | 30 | 1335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 33159 | 13748 | 51368 | 41481 | 1779 | 2004 | 13283 |
| NET INVESTMENT INCOME (LOSS) | (33159) | (13748) | (51368) | (38473) | 7941 | 8619 | 23273 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (308086) | 62797 | (6348) | 10478 | (24792) | 5253 | 36851 |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | - | 462694 | 49848 | 605996 | 2155 | - | 271164 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (308086) | 525491 | 43500 | 616474 | (22637) | 5253 | 308015 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 963022 | (235571) | 265765 | (245251) | (8786) | 14350 | 104715 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 654936 | 289920 | 309265 | 371223 | (31423) | 19603 | 412730 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $621777 | $276172 | $257897 | $332750 | $(23482) | $28222 | $436003 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | American<br> Funds IS<br> Global Small<br> Capitalization<br> Fund, Class 2 | American<br> Funds IS<br> Growth-Income<br> Fund, Class 4 | American<br> Funds IS<br> International<br> Fund, Class 2 | American<br> Funds IS New<br> World Fund,<br> Class 2 | American<br> Funds IS The<br> Bond Fund of<br> America,<br> Class 2 | BlackRock<br> 60/40 Target<br> Allocation<br> ETF V.I.<br> Fund, Class III | BlackRock<br> Global<br> Allocation<br> V.I. Fund,<br> Class I |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $723 | $50989 | $29265 | $29521 | $125327 | $20040 | $266581 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 1256 | 44299 | 12067 | 15671 | 14915 | 4945 | 49413 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | 1629 | 3201 | 2342 | 1982 | 3907 | 361 | 1399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 2885 | 47500 | 14409 | 17653 | 18822 | 5306 | 50812 |
| NET INVESTMENT INCOME (LOSS) | (2162) | 3489 | 14856 | 11868 | 106505 | 14734 | 215769 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (7957) | 244947 | (8533) | 54251 | (26464) | 13769 | 33828 |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | 4581 | 1169971 | - | 104381 | - | 35038 | 613827 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (3376) | 1414918 | (8533) | 158632 | (26464) | 48807 | 647655 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 31640 | (318006) | 489363 | 453922 | 95327 | 57556 | 476301 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 28264 | 1096912 | 480830 | 612554 | 68863 | 106363 | 1123956 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $26102 | $1100401 | $495686 | $624422 | $175368 | $121097 | $1339725 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | BNY Mellon<br> IP MidCap<br> Stock<br> Portfolio,<br> Initial Shares | BNY Mellon<br> VIF<br> Appreciation<br> Portfolio,<br> Initial Shares | BNY Mellon<br> VIF Growth<br> and Income<br> Portfolio,<br> Initial Shares | BNY Mellon<br> VIF Small Cap<br> Portfolio,<br> Initial Shares | ClearBridge<br> Variable Large<br> Cap Growth<br> Portfolio,<br> Class I | ClearBridge<br> Variable Mid<br> Cap Portfolio,<br> Class I | ClearBridge<br> Variable Small<br> Cap Growth<br> Portfolio,<br> Class I |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $21541 | $33081 | $29500 | $1778 | $- | $742 | $- |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 21510 | 67755 | 48033 | 1871 | 9214 | 1836 | 10311 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | - | - | 549 | - | 500 | - | 251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 21510 | 67755 | 48582 | 1871 | 9714 | 1836 | 10562 |
| NET INVESTMENT INCOME (LOSS) | 31 | (34674) | (19082) | (93) | (9714) | (1094) | (10562) |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 11695 | (395316) | 56319 | (28) | 113930 | (893) | (37162) |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | 280018 | 1368201 | 510116 | - | 95794 | 16825 | 124352 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 291713 | 972885 | 566435 | (28) | 209724 | 15932 | 87190 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (2515) | (120166) | 431189 | 27526 | (85083) | (4007) | 78098 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 289198 | 852719 | 997624 | 27498 | 124641 | 11925 | 165288 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $289229 | $818045 | $978542 | $27405 | $114927 | $10831 | $154726 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Columbia VP<br> Emerging<br> Markets Fund,<br> Class 2 | Columbia VP<br> Large Cap<br> Growth Fund,<br> Class 2 | Columbia VP<br> Seligman<br> Global<br> Technology<br> Fund, Class 2 | Columbia VP<br> Small Cap<br> Value Fund,<br> Class 2 | Dimensional<br> VA US<br> Targeted<br> Value<br> Portfolio,<br> Institutional | DWS Capital<br> Growth VIP,<br> Class A | DWS Core<br> Equity VIP,<br> Class A |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $171 | $- | $- | $15711 | $47675 | $17256 | $116444 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 1582 | 58313 | 163920 | 12050 | 13042 | 253569 | 104803 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | - | 1144 | 51 | 334 | 6060 | 6862 | 4891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 1582 | 59457 | 163971 | 12384 | 19102 | 260431 | 109694 |
| NET INVESTMENT INCOME (LOSS) | (1411) | (59457) | (163971) | 3327 | 28573 | (243175) | 6750 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (16564) | 827547 | 978208 | 31535 | 11025 | 2031743 | 337163 |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | - | - | 2221952 | 270527 | 215688 | 4024387 | 1503626 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (16564) | 827547 | 3200160 | 302062 | 226713 | 6056130 | 1840789 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 90498 | 462190 | 2985516 | (88665) | (50247) | (2047057) | 250649 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 73934 | 1289737 | 6185676 | 213397 | 176466 | 4009073 | 2091438 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $72523 | $1230280 | $6021705 | $216724 | $205039 | $3765898 | $2098188 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | DWS CROCI<br> U.S. VIP,<br> Class A | DWS Global<br> Small Cap<br> VIP, Class A | DWS Small<br> Cap Index<br> VIP, Class A | DWS Small<br> Mid Cap<br> Growth VIP,<br> Class A | DWS Small<br> Mid Cap Value<br> VIP, Class A | Empower<br> Aggressive<br> Profile Fund,<br> Investor Class | Empower<br> Bond Index<br> Fund, Investor<br> Class |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $65815 | $12937 | $384578 | $- | $26148 | $4514 | $245725 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 35340 | 7535 | 191279 | 8856 | 18977 | 1788 | 51411 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | 1167 | - | 8275 | 698 | 69 | - | 4730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 36507 | 7535 | 199554 | 9554 | 19046 | 1788 | 56141 |
| NET INVESTMENT INCOME (LOSS) | 29308 | 5402 | 185024 | (9554) | 7102 | 2726 | 189584 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 70911 | (13426) | (981017) | (46273) | (42491) | 27302 | (89373) |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | 426742 | 63827 | 1642368 | 96267 | 295365 | 17043 | - |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 497653 | 50401 | 661351 | 49994 | 252874 | 44345 | (89373) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 229236 | 139595 | 2296769 | 49117 | 153832 | 16907 | 392912 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 726889 | 189996 | 2958120 | 99111 | 406706 | 61252 | 303539 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $756197 | $195398 | $3143144 | $89557 | $413808 | $63978 | $493123 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower<br> Conservative<br> Profile Fund,<br> Investor Class | Empower<br> International<br> Index Fund,<br> Investor Class | Empower<br> International<br> Value Fund,<br> Investor Class | Empower<br> Lifetime 2015<br> Fund, Investor<br> Class | Empower<br> Lifetime 2020<br> Fund, Investor<br> Class | Empower<br> Lifetime 2025<br> Fund, Investor<br> Class | Empower<br> Lifetime 2030<br> Fund, Investor<br> Class |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $85964 | $105358 | $8610 | $1180 | $10995 | $14385 | $18273 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 21118 | 24675 | 2739 | 250 | 3385 | 3661 | 3918 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | 2584 | 4510 | 19 | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 23702 | 29185 | 2758 | 250 | 3385 | 3661 | 3918 |
| NET INVESTMENT INCOME (LOSS) | 62262 | 76173 | 5852 | 930 | 7610 | 10724 | 14355 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (42651) | 57359 | 12288 | (24) | (2286) | (156) | (7764) |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | 25408 | 52896 | 24812 | 510 | 7047 | 11335 | 13036 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (17243) | 110255 | 37100 | 486 | 4761 | 11179 | 5272 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 191577 | 902527 | 104756 | 2871 | 36801 | 40616 | 62185 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 174334 | 1012782 | 141856 | 3357 | 41562 | 51795 | 67457 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $236596 | $1088955 | $147708 | $4287 | $49172 | $62519 | $81812 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower<br> Lifetime 2035<br> Fund, Investor<br> Class | Empower<br> Lifetime 2040<br> Fund, Investor<br> Class | Empower<br> Lifetime 2045<br> Fund, Investor<br> Class | Empower<br> Lifetime 2050<br> Fund, Investor<br> Class | Empower<br> Lifetime 2055<br> Fund, Investor<br> Class | Empower<br> Lifetime 2060<br> Fund, Investor<br> Class | Empower Mid<br> Cap Value<br> Fund, Investor<br> Class |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $4735 | $834 | $2446 | $1670 | $1395 | $1802 | $41825 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 1404 | 201 | 859 | 387 | 803 | 572 | 6232 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | - | - | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 1404 | 201 | 859 | 387 | 803 | 572 | 6232 |
| NET INVESTMENT INCOME (LOSS) | 3331 | 633 | 1587 | 1283 | 592 | 1230 | 35593 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 7 | 10 | 173 | 34 | 192 | 68 | (4310) |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | 5174 | 780 | 4119 | 2518 | 2833 | 4819 | 15406 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 5181 | 790 | 4292 | 2552 | 3025 | 4887 | 11096 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 20169 | 2785 | 14759 | 8450 | 17146 | 7961 | 24017 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 25350 | 3575 | 19051 | 11002 | 20171 | 12848 | 35113 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $28681 | $4208 | $20638 | $12285 | $20763 | $14078 | $70706 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower<br> Moderate<br> Profile Fund,<br> Investor Class | Empower<br> Moderately<br> Aggressive<br> Profile Fund,<br> Investor Class | Empower<br> Moderately<br> Conservative<br> Profile Fund,<br> Investor Class | Empower<br> Multi-Sector<br> Bond Fund,<br> Investor Class | Empower Real<br> Estate Index<br> Fund, Investor<br> Class | Empower<br> SecureFoundation<br> Balanced Fund,<br> Investor Class | Empower<br> Small Cap<br> Value Fund,<br> Investor Class |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $211316 | $83288 | $103418 | $239625 | $4984 | $4080744 | $- |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 63246 | 24858 | 27689 | 44126 | 2144 | 992076 | 6350 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | - | - | 2631 | 5581 | - | 15618 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 63246 | 24858 | 30320 | 49707 | 2144 | 1007694 | 6350 |
| NET INVESTMENT INCOME (LOSS) | 148070 | 58430 | 73098 | 189918 | 2840 | 3073050 | (6350) |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 22097 | 4312 | 2341 | (712) | 1615 | 814083 | 1933 |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | 507358 | 151074 | 127928 | - | 1491 | 1599094 | 4954 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 529455 | 155386 | 130269 | (712) | 3106 | 2413177 | 6887 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 376601 | 274682 | 195632 | 305922 | 1784 | 11940077 | 33228 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 906056 | 430068 | 325901 | 305210 | 4890 | 14353254 | 40115 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $1054126 | $488498 | $398999 | $495128 | $7730 | $17426304 | $33765 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Empower T.<br> Rowe Price<br> Mid Cap<br> Growth Fund,<br> Investor Class | Federated<br> Hermes Fund<br> for U.S.<br> Government<br> Securities II | Federated<br> Hermes<br> Managed<br> Volatility<br> Fund II,<br> Primary<br> Shares | Franklin Small<br> Cap Value VIP<br> Fund, Class 2 | Goldman Sachs<br> VIT<br> Multi-Strategy<br> Alternatives<br> Portfolio,<br> Service Shares | Invesco V.I.<br> Comstock<br> Fund, Series I | Invesco V.I.<br> Core Equity<br> Fund, Series I |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $- | $747217 | $54850 | $42745 | $- | $110252 | $27863 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 11257 | 137189 | 15789 | 27075 | 73 | 45053 | 36737 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | 1792 | 20802 | - | 630 | - | 5303 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 13049 | 157991 | 15789 | 27705 | 73 | 50356 | 36737 |
| NET INVESTMENT INCOME (LOSS) | (13049) | 589226 | 39061 | 15040 | (73) | 59896 | (8874) |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 8026 | (727983) | (14943) | (51967) | (267) | 151336 | 61320 |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | 32680 | - | 33462 | 333372 | - | 695177 | 320753 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 40706 | (727983) | 18519 | 281405 | (267) | 846513 | 382073 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 20576 | 1219829 | 49500 | (44398) | 481 | 96521 | 246799 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 61282 | 491846 | 68019 | 237007 | 214 | 943034 | 628872 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $48233 | $1081072 | $107080 | $252047 | $141 | $1002930 | $619998 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Invesco V.I.<br> EQV<br> International<br> Equity Fund,<br> Series I | Invesco V.I.<br> Global Fund,<br> Series I | Invesco V.I.<br> Growth and<br> Income Fund,<br> Series I | Invesco V.I.<br> High Yield<br> Fund, Series I | Invesco V.I.<br> International<br> Growth Fund,<br> Series I | Invesco V.I.<br> Main Street<br> Mid Cap Fund,<br> Series I | Invesco V.I.<br> Main Street<br> Small Cap<br> Fund, Series I |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $150665 | $- | $134424 | $253629 | $32463 | $5741 | $10140 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 77503 | 230561 | 67771 | 27212 | 65057 | 13915 | 17095 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | 72 | 913 | - | 465 | 1120 | - | 1130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 77575 | 231474 | 67771 | 27677 | 66177 | 13915 | 18225 |
| NET INVESTMENT INCOME (LOSS) | 73090 | (231474) | 66653 | 225952 | (33714) | (8174) | (8085) |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (36561) | (76052) | 78385 | (14195) | (407805) | (45082) | 15975 |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | 668714 | 5868714 | 710185 | - | 870642 | 169371 | 227578 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 632153 | 5792662 | 788570 | (14195) | 462837 | 124289 | 243553 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 838457 | (1270505) | 406748 | 3008 | 954352 | 29524 | (124261) |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 1470610 | 4522157 | 1195318 | (11187) | 1417189 | 153813 | 119292 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $1543700 | $4290683 | $1261971 | $214765 | $1383475 | $145639 | $111207 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Invesco V.I.<br> Small Cap<br> Equity Fund,<br> Series I | Invesco V.I.<br> Technology<br> Fund, Series I | Janus<br> Henderson<br> VIT Balanced<br> Portfolio,<br> Institutional<br> Shares | Janus<br> Henderson<br> VIT Balanced<br> Portfolio,<br> Service Shares | Janus<br> Henderson<br> VIT Flexible<br> Bond<br> Portfolio,<br> Institutional<br> Shares | Janus<br> Henderson<br> VIT Flexible<br> Bond<br> Portfolio,<br> Service Shares | Janus<br> Henderson<br> VIT Global<br> Research<br> Portfolio,<br> Institutional<br> Shares |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $- | $- | $322442 | $2277546 | $675871 | $1323913 | $105401 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 18202 | 42481 | 99993 | 948798 | 80929 | 211110 | 139596 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | 78 | 176 | 5825 | 3815 | 8144 | 2580 | 1369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 18280 | 42657 | 105818 | 952613 | 89073 | 213690 | 140965 |
| NET INVESTMENT INCOME (LOSS) | (18280) | (42657) | 216624 | 1324933 | 586798 | 1110223 | (35564) |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (31422) | 95378 | 273029 | 6812467 | (287485) | (579364) | 1375524 |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | 116492 | 664672 | 515483 | 4196384 | - | - | 1574944 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 85070 | 760050 | 788512 | 11008851 | (287485) | (579364) | 2950468 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 109098 | 231271 | 1121182 | 5374345 | 532249 | 1311778 | 406503 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 194168 | 991321 | 1909694 | 16383196 | 244764 | 732414 | 3356971 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $175888 | $948664 | $2126318 | $17708129 | $831562 | $1842637 | $3321407 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Janus<br> Henderson<br> VIT Global<br> Technology<br> and<br> Innovation<br> Portfolio,<br> Institutional<br> Shares | Janus<br> Henderson<br> VIT Global<br> Technology<br> and<br> Innovation<br> Portfolio,<br> Service Shares | Janus<br> Henderson<br> VIT Overseas<br> Portfolio,<br> Institutional<br> Shares | Janus<br> Henderson<br> VIT Overseas<br> Portfolio,<br> Service Shares | Janus<br> Henderson<br> VIT Research<br> Portfolio,<br> Institutional<br> Shares | Lazard<br> Retirement<br> Emerging<br> Markets<br> Equity<br> Portfolio,<br> Service Shares | Lord Abbett<br> Series Fund<br> Short<br> Duration<br> Income<br> Portfolio,<br> Class VC |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $- | $- | $45281 | $23835 | $13521 | $354991 | $93203 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 10679 | 117871 | 26807 | 14804 | 97422 | 88025 | 12680 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | 3114 | 825 | - | 434 | - | 2581 | 3305 |
| &nbsp;&nbsp;&nbsp;Total expenses | 13793 | 118696 | 26807 | 15238 | 97422 | 90606 | 15985 |
| NET INVESTMENT INCOME (LOSS) | (13793) | (118696) | 18474 | 8597 | (83901) | 264385 | 77218 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 256052 | 1841126 | 56248 | 33386 | 1155358 | 682830 | 5065 |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | 157990 | 1615684 | - | - | 831466 | - | - |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 414042 | 3456810 | 56248 | 33386 | 1986824 | 682830 | 5065 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 9173 | 325794 | 696461 | 367848 | (331493) | 3499418 | 22209 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 423215 | 3782604 | 752709 | 401234 | 1655331 | 4182248 | 27274 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $409422 | $3663908 | $771183 | $409831 | $1571430 | $4446633 | $104492 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | LVIP<br> American<br> Century<br> Balanced<br> Fund, Standard<br> Class II | LVIP<br> American<br> Century<br> Disciplined<br> Core Value<br> Fund, Standard<br> Class II | LVIP<br> American<br> Century<br> International<br> Fund, Standard<br> Class II | LVIP<br> American<br> Century Mid<br> Cap Value<br> Fund, Service<br> Class | LVIP<br> American<br> Century Value<br> Fund, Standard<br> Class II | LVIP Baron<br> Growth<br> Opportunities<br> Fund, Service<br> Class | LVIP<br> BlackRock<br> Equity<br> Dividend<br> Fund, Standard<br> Class |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $506814 | $162812 | $79858 | $154432 | $297260 | $- | $16897 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 190095 | 68354 | 48477 | 68818 | 133196 | 125027 | 6203 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | 4006 | 408 | 2854 | 4821 | 1997 | 1691 | 136 |
| &nbsp;&nbsp;&nbsp;Total expenses | 194101 | 68762 | 51331 | 73639 | 135193 | 126718 | 6339 |
| NET INVESTMENT INCOME (LOSS) | 312713 | 94050 | 28527 | 80793 | 162067 | (126718) | 10558 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 287266 | (49074) | 48302 | (50863) | 608264 | 874344 | (13139) |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | - | - | - | 799748 | 1435071 | 1885520 | 110661 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 287266 | (49074) | 48302 | 748885 | 2043335 | 2759864 | 97522 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 1688260 | 1232783 | 964827 | (73940) | 454746 | (4600932) | 23551 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 1975526 | 1183709 | 1013129 | 674945 | 2498081 | (1841068) | 121073 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $2288239 | $1277759 | $1041656 | $755738 | $2660148 | $(1967786) | $131631 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | LVIP<br> JPMorgan<br> Core Bond<br> Fund, Standard<br> Class | LVIP<br> JPMorgan<br> Small Cap<br> Core Fund,<br> Standard Class | LVIP Nomura<br> SMID Cap<br> Core Fund,<br> Standard Class | MFS VIT II<br> Core Equity<br> Portfolio,<br> Service Class | MFS VIT II<br> International<br> Growth<br> Portfolio,<br> Initial Class | MFS VIT II<br> International<br> Intrinsic Value<br> Portfolio,<br> Service Class | MFS VIT III<br> Blended<br> Research<br> Small Cap<br> Equity<br> Portfolio,<br> Initial Class |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $49249 | $17285 | $40052 | $337 | $19530 | $498900 | $2295 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 8305 | 19876 | 49857 | 836 | 12456 | 257702 | 1431 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | 3160 | 326 | 1821 | 517 | 1004 | 9569 | 81 |
| &nbsp;&nbsp;&nbsp;Total expenses | 11465 | 20202 | 51678 | 1353 | 13460 | 267271 | 1512 |
| NET INVESTMENT INCOME (LOSS) | 37784 | (2917) | (11626) | (1016) | 6070 | 231629 | 783 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (2403) | (16853) | 127171 | 147 | 8791 | 1898846 | (1273) |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | - | 233858 | 180197 | 15316 | 116183 | 2133730 | 22673 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (2403) | 217005 | 307368 | 15463 | 124974 | 4032576 | 21400 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 42122 | 97173 | 229600 | 1231 | 238781 | 5890371 | (10671) |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 39719 | 314178 | 536968 | 16694 | 363755 | 9922947 | 10729 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $77503 | $311261 | $525342 | $15678 | $369825 | $10154576 | $11512 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | MFS VIT III<br> Mid Cap Value<br> Portfolio,<br> Initial Class | MFS VIT<br> Utilities<br> Series, Service<br> Class | Neuberger<br> Berman AMT<br> Mid Cap<br> Intrinsic Value<br> Portfolio,<br> Class S | Neuberger<br> Berman AMT<br> Quality Equity<br> Portfolio,<br> Class S | Nomura VIP<br> Emerging<br> Markets<br> Series,<br> Standard Class | Nomura VIP<br> International<br> Core Equity<br> Series, Service<br> Class | Nomura VIP<br> International<br> Core Equity<br> Series,<br> Standard Class |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $5968 | $156596 | $- | $- | $58758 | $5916 | $2745 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 3491 | 40921 | 3470 | 4587 | 22991 | 8349 | 1315 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | - | 1200 | - | - | 3091 | 217 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 3491 | 42121 | 3470 | 4587 | 26082 | 8566 | 1315 |
| NET INVESTMENT INCOME (LOSS) | 2477 | 114475 | (3470) | (4587) | 32676 | (2650) | 1430 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 2148 | 45895 | 5367 | 12902 | 134243 | 10463 | 6348 |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | 51942 | 78095 | 46954 | 56187 | 7532 | 72508 | 10098 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 54090 | 123990 | 52321 | 69089 | 141775 | 82971 | 16446 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (23683) | 512229 | 1416 | 50350 | 2056944 | 230848 | 27997 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 30407 | 636219 | 53737 | 119439 | 2198719 | 313819 | 44443 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $32884 | $750694 | $50267 | $114852 | $2231395 | $311169 | $45873 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Nomura VIP<br> Small Cap<br> Value Series,<br> Standard Class | NVIT Mid<br> Cap Index<br> Fund, Class II | PIMCO VIT<br> CommodityRealReturn<br> Strategy Portfolio,<br> Administrative Class | PIMCO VIT<br> Emerging<br> Markets Bond<br> Portfolio,<br> Administrative<br> Class | PIMCO VIT<br> High Yield<br> Portfolio,<br> Administrative<br> Class | PIMCO VIT<br> Low Duration<br> Portfolio,<br> Administrative<br> Class | PIMCO VIT<br> Real Return<br> Portfolio,<br> Administrative<br> Class |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $232719 | $205554 | $71360 | $56836 | $1553122 | $2291971 | $105158 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 127001 | 147997 | 16432 | 4651 | 170441 | 400346 | 17371 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | 1633 | 3726 | 810 | 1279 | 12313 | 21537 | 3553 |
| &nbsp;&nbsp;&nbsp;Total expenses | 128634 | 151723 | 17242 | 5930 | 182754 | 421883 | 20924 |
| NET INVESTMENT INCOME (LOSS) | 104085 | 53831 | 54118 | 50906 | 1370368 | 1870088 | 84234 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 348265 | (606547) | (178211) | 11168 | (244434) | (728074) | (106506) |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | 1133390 | 1462755 | - | - | - | - | - |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 1481655 | 856208 | (178211) | 11168 | (244434) | (728074) | (106506) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (316909) | 306745 | 530185 | 52629 | 752148 | 1592263 | 248127 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 1164746 | 1162953 | 351974 | 63797 | 507714 | 864189 | 141621 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $1268831 | $1216784 | $406092 | $114703 | $1878082 | $2734277 | $225855 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | PIMCO VIT<br> Total Return<br> Portfolio,<br> Administrative<br> Class | Prudential<br> Series Fund<br> Natural<br> Resources<br> Portfolio,<br> Class II | Prudential<br> Series Fund<br> PGIM<br> Jennison<br> Blend<br> Portfolio,<br> Class II | Putnam VT<br> Core Equity<br> Fund, Class IA | Putnam VT<br> Global Asset<br> Allocation<br> Fund, Class IA | Putnam VT<br> Global Health<br> Care Fund,<br> Class IB | Putnam VT<br> Income Fund,<br> Class IA |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $4586561 | $- | $- | $26343 | $21290 | $- | $274719 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 760537 | 798 | 18871 | 24869 | 6563 | 20866 | 33645 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | 38303 | 90 | 100 | 2143 | - | 1120 | 4300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 798840 | 888 | 18971 | 27012 | 6563 | 21986 | 37945 |
| NET INVESTMENT INCOME (LOSS) | 3787721 | (888) | (18971) | (669) | 14727 | (21986) | 236774 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (2758168) | 29814 | 131322 | 42284 | 1977 | (42150) | (324925) |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | - | - | - | 347339 | 102499 | 207656 | - |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (2758168) | 29814 | 131322 | 389623 | 104476 | 165506 | (324925) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 7651707 | (63123) | 345225 | 167716 | (5561) | 228572 | 444480 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 4893539 | (33309) | 476547 | 557339 | 98915 | 394078 | 119555 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $8681260 | $(34197) | $457576 | $556670 | $113642 | $372092 | $356329 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Putnam VT<br> International<br> Equity Fund,<br> Class IA | Putnam VT<br> International<br> Value Fund,<br> Class IA | Putnam VT<br> Large Cap<br> Value Fund,<br> Class IB | Putnam VT<br> Mortgage<br> Securities<br> Fund, Class IB | Putnam VT<br> Small Cap<br> Value Fund,<br> Class IA | Royce Capital<br> Fund<br> Small-Cap<br> Portfolio,<br> Service Class | Schwab<br> Government<br> Money<br> Market<br> Portfolio |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $6029 | $17099 | $295316 | $260411 | $4525 | $49661 | $6456499 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 14326 | 8027 | 136449 | 21969 | 3133 | 21381 | 1126219 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | 58 | 1771 | 9303 | 1703 | - | 2447 | 78776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 14384 | 9798 | 145752 | 23672 | 3133 | 23828 | 1204995 |
| NET INVESTMENT INCOME (LOSS) | (8355) | 7301 | 149564 | 236739 | 1392 | 25833 | 5251504 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 88021 | 107730 | 1138989 | (99551) | (15945) | (18929) |  |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | 158046 | 10483 | 1412647 | - | 43980 | 198500 | 1003 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 246067 | 118213 | 2551636 | (99551) | 28035 | 179571 | 1003 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 446592 | 275554 | 892061 | 111254 | (6044) | (1347) | - |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 692659 | 393767 | 3443697 | 11703 | 21991 | 178224 | 1003 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $684304 | $401068 | $3593261 | $248442 | $23383 | $204057 | $5252507 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Schwab S&P<br> 500 Index<br> Portfolio | Schwab VIT<br> Balanced<br> Portfolio | Schwab VIT<br> Balanced with<br> Growth<br> Portfolio | Schwab VIT<br> Growth<br> Portfolio | T. Rowe Price<br> Health<br> Sciences<br> Portfolio | T. Rowe Price<br> Health<br> Sciences<br> Portfolio,<br> Class II | Templeton<br> Foreign VIP<br> Fund, Class 2 |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $6796804 | $81455 | $137448 | $36042 | $- | $- | $156464 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 4095696 | 17313 | 31929 | 9319 | 7530 | 21867 | 45941 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | 89329 | 2240 | 2073 | 3156 | 2973 | - | 943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 4185025 | 19553 | 34002 | 12475 | 10503 | 21867 | 46884 |
| NET INVESTMENT INCOME (LOSS) | 2611779 | 61902 | 103446 | 23567 | (10503) | (21867) | 109580 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 68839327 | 112090 | 27925 | 106727 | 24277 | (16892) | 58161 |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | - | 62318 | 164122 | 103651 | 56156 | 94701 | 436882 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 68839327 | 174408 | 192047 | 210378 | 80433 | 77809 | 495043 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 21502504 | 165399 | 557940 | 55883 | 171714 | 360660 | 1059760 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 90341831 | 339807 | 749987 | 266261 | 252147 | 438469 | 1554803 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $92953610 | $401709 | $853433 | $289828 | $241644 | $416602 | $1664383 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Templeton<br> Global Bond<br> VIP Fund,<br> Class 2 | Third Avenue<br> Value<br> Portfolio | Touchstone<br> Bond Fund,<br> Class I | Touchstone<br> Common<br> Stock Fund,<br> Class I | Touchstone<br> Common<br> Stock Fund,<br> Class SC | Touchstone<br> Small<br> Company<br> Fund, Class I | VanEck VIP<br> Emerging<br> Markets Bond<br> Fund, Initial<br> Class |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $- | $27352 | $274954 | $64127 | $20895 | $11823 | $146311 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 36846 | 9102 | 45984 | 88758 | 38637 | 41965 | 21737 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | 1684 | - | 358 | 1525 | 329 | 1852 | - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 38530 | 9102 | 46342 | 90283 | 38966 | 43817 | 21737 |
| NET INVESTMENT INCOME (LOSS) | (38530) | 18250 | 228612 | (26156) | (18071) | (31994) | 124574 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | (349470) | 127332 | (152316) | 415884 | 66294 | (89934) | (25848) |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | - | 88791 | - | 1718791 | 875402 | 759287 | - |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (349470) | 216123 | (152316) | 2134675 | 941696 | 669353 | (25848) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 1177593 | 148617 | 375057 | (200390) | 3687 | (187425) | 370919 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 828123 | 364740 | 222741 | 1934285 | 945383 | 481928 | 345071 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $789593 | $382990 | $451353 | $1908129 | $927312 | $449934 | $469645 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | VanEck VIP<br> Global<br> Resources<br> Fund, Class S | Vanguard VIF<br> Capital<br> Growth<br> Portfolio | Vanguard VIF<br> Diversified<br> Value<br> Portfolio | Vanguard VIF<br> Mid-Cap<br> Index<br> Portfolio | Vanguard VIF<br> Real Estate<br> Index<br> Portfolio | Vanguard VIF<br> Small<br> Company<br> Growth<br> Portfolio | Victory<br> Pioneer Bond<br> VCT<br> Portfolio,<br> Class I |
| INVESTMENT INCOME: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Dividend income | $66762 | $65484 | $102110 | $146009 | $114905 | $12276 | $104279 |
| EXPENSES: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mortality and expense risk | 19525 | 34739 | 34808 | 62546 | 21345 | 13743 | 12314 |
| &nbsp;&nbsp;&nbsp;Investment advisory expenses | 233 | 3438 | 3709 | 11456 | 3952 | 1921 | 329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 19758 | 38177 | 38517 | 74002 | 25297 | 15664 | 12643 |
| NET INVESTMENT INCOME (LOSS) | 47004 | 27307 | 63593 | 72007 | 89608 | (3388) | 91636 |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 26016 | 182302 | 297213 | 241901 | (357208) | (15200) | (27513) |
| &nbsp;&nbsp;&nbsp;Capital gain distributions | - | 281370 | 533935 | 581682 | 73574 | 174510 | - |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 26016 | 463672 | 831148 | 823583 | (283634) | 159310 | (27513) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 783288 | 1249853 | 95307 | 335928 | 310989 | (13970) | 161693 |
| &nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 809304 | 1713525 | 926455 | 1159511 | 27355 | 145340 | 134180 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $856308 | $1740832 | $990048 | $1231518 | $116963 | $141952 | $225816 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF OPERATIONS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | |
|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Victory<br> Pioneer Fund<br> VCT<br> Portfolio,<br> Class I | Victory<br> Pioneer Mid<br> Cap Value<br> VCT<br> Portfolio,<br> Class II | Victory<br> Pioneer Select<br> Mid Cap<br> Growth VCT<br> Portfolio,<br> Class I |
| INVESTMENT INCOME: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dividend income | $26736 | $30604 | $- |
| EXPENSES: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortality and expense risk | 44804 | 12896 | 57516 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investment advisory expenses | 1049 | 180 | 334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 45853 | 13076 | 57850 |
| NET INVESTMENT INCOME (LOSS) | (19117) | 17528 | (57850) |
| NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on redemption of investments | 485782 | (286504) | (138343) |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital gain distributions | 826208 | 136194 | 843496 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 1311990 | (150310) | 705153 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (59942) | 264123 | 549313 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized and unrealized gain (loss) on investments | 1252048 | 113813 | 1254466 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $1232931 | $131341 | $1196616 |

---

---

| |
|:---|
| 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 I 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<br> Discovery<br> Value<br> Portfolio,<br> Class A | AB VPS<br> International<br> Value<br> Portfolio,<br> Class A | AB VPS Large<br> Cap Growth<br> Portfolio,<br> Class A | AB VPS<br> Relative Value<br> Portfolio,<br> Class A | Alger<br> Balanced<br> Portfolio,<br> Class I-2 | Alger Capital<br> Appreciation<br> Portfolio,<br> Class I-2 | Alger Large<br> Cap Growth<br> Portfolio,<br> Class I-2 |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $3764 | $24856 | $(155020) | $51493 | $24258 | $(57530) | $(335411) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 271631 | 44410 | 2430042 | 1206664 | 150395 | 2727720 | 6906134 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (224502) | 390527 | 238765 | (166227) | (10956) | (347909) | 4422978 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 50893 | 459793 | 2513787 | 1091930 | 163697 | 2322281 | 10993701 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments | 1713 |  | 4800 |  |  |  | 5512 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (371383) | (66242) | (3159571) | (758327) | (13384) | (251136) | (2469850) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (73583) | (92593) | (788426) | (1446473) | (58846) | (17131) | (1346721) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (443253) | (158835) | (3943197) | (2204800) | (72230) | (268267) | (3811059) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (392360) | 300958 | (1429410) | (1112870) | 91467 | 2054014 | 7182642 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 3684419 | 1187683 | 21471641 | 11970474 | 1143809 | 7332517 | 40593324 |
| &nbsp;&nbsp;&nbsp;End of period | $3292059 | $1488641 | $20042231 | $10857604 | $1235276 | $9386531 | $47775966 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Alger Mid Cap<br> Growth<br> Portfolio,<br> Class I-2 | Allspring VT<br> Discovery All<br> Cap Growth<br> Fund, Class 2 | Allspring VT<br> Discovery<br> SMID Cap<br> Growth Fund,<br> Class 2 | Allspring VT<br> Opportunity<br> Fund, Class 2 | ALPS Global<br> Opportunity<br> Portfolio,<br> Class I | American<br> Funds IS<br> Capital World<br> Bond Fund,<br> Class 2 | American<br> Funds IS<br> Global Growth<br> Fund, Class 1 |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(33159) | $(13748) | $(51368) | $(38473) | $7941 | $8619 | $23273 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (308086) | 525491 | 43500 | 616474 | (22637) | 5253 | 308015 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 963022 | (235571) | 265765 | (245251) | (8786) | 14350 | 104715 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 621777 | 276172 | 257897 | 332750 | (23482) | 28222 | 436003 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  | 960 |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (977008) | (1131524) | (674113) | (173406) | (150973) | (209979) | (16626) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (256305) | (7105) | (395972) | (303823) | 28775 | 204577 | (123303) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (1233313) | (1138629) | (1070085) | (476269) | (122198) | (5402) | (139929) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (611536) | (862457) | (812188) | (143519) | (145680) | 22820 | 296074 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 4659520 | 2267098 | 7831686 | 5980389 | 280193 | 347165 | 2144868 |
| &nbsp;&nbsp;&nbsp;End of period | $4047984 | $1404641 | $7019498 | $5836870 | $134513 | $369985 | $2440942 |

---

---

| |
|:---|
| 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 I 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<br> Funds IS<br> Global Small<br> Capitalization<br> Fund, Class 2 | American<br> Funds IS<br> Growth-Income<br> Fund, Class 4 | American<br> Funds IS<br> International<br> Fund, Class 2 | American<br> Funds IS New<br> World Fund,<br> Class 2 | American<br> Funds IS The<br> Bond Fund of<br> America,<br> Class 2 | BlackRock<br> 60/40 Target<br> Allocation<br> ETF V.I.<br> Fund, Class III | BlackRock<br> Global<br> Allocation<br> V.I. Fund,<br> Class I |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(2162) | $3489 | $14856 | $11868 | $106505 | $14734 | $215769 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (3376) | 1414918 | (8533) | 158632 | (26464) | 48807 | 647655 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 31640 | (318006) | 489363 | 453922 | 95327 | 57556 | 476301 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 26102 | 1100401 | 495686 | 624422 | 175368 | 121097 | 1339725 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  | 71545 |  | 240 | 17886 |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (5636) | (57058) | (7520) | (41873) | (93813) | (21446) | (317189) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (50269) | (1155597) | (9543) | (295767) | 425027 | 107470 | (131105) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (55905) | (1141110) | (17063) | (337400) | 349100 | 86024 | (448294) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (29803) | (40709) | 478623 | 287022 | 524468 | 207121 | 891431 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 245805 | 7458276 | 1942190 | 2549809 | 2497003 | 741279 | 7287801 |
| &nbsp;&nbsp;&nbsp;End of period | $216002 | $7417567 | $2420813 | $2836831 | $3021471 | $948400 | $8179232 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | BNY Mellon<br> IP MidCap<br> Stock<br> Portfolio,<br> Initial Shares | BNY Mellon<br> VIF<br> Appreciation<br> Portfolio,<br> Initial Shares | BNY Mellon<br> VIF Growth<br> and Income<br> Portfolio,<br> Initial Shares | BNY Mellon<br> VIF Small Cap<br> Portfolio,<br> Initial Shares | ClearBridge<br> Variable Large<br> Cap Growth<br> Portfolio,<br> Class I | ClearBridge<br> Variable Mid<br> Cap Portfolio,<br> Class I | ClearBridge<br> Variable Small<br> Cap Growth<br> Portfolio,<br> Class I |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $31 | $(34674) | $(19082) | $(93) | $(9714) | $(1094) | $(10562) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 291713 | 972885 | 566435 | (28) | 209724 | 15932 | 87190 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (2515) | (120166) | 431189 | 27526 | (85083) | (4007) | 78098 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 289229 | 818045 | 978542 | 27405 | 114927 | 10831 | 154726 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  | 300 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (48731) | (981684) | (222887) | (3165) | (13077) | (17) | (80019) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (36972) | (481013) | (191163) | (14) | (356194) | (83614) | (90896) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (85703) | (1462397) | (414050) | (3179) | (369271) | (83631) | (170915) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 203526 | (644352) | 564492 | 24226 | (254344) | (72800) | (16189) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 3118073 | 9570130 | 6487662 | 267268 | 1649817 | 337296 | 1796874 |
| &nbsp;&nbsp;&nbsp;End of period | $3321599 | $8925778 | $7052154 | $291494 | $1395473 | $264496 | $1780685 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Columbia VP<br> Emerging<br> Markets Fund,<br> Class 2 | Columbia VP<br> Large Cap<br> Growth Fund,<br> Class 2 | Columbia VP<br> Seligman<br> Global<br> Technology<br> Fund, Class 2 | Columbia VP<br> Small Cap<br> Value Fund,<br> Class 2 | Dimensional<br> VA US<br> Targeted<br> Value<br> Portfolio,<br> Institutional | DWS Capital<br> Growth VIP,<br> Class A | DWS Core<br> Equity VIP,<br> Class A |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(1411) | $(59457) | $(163971) | $3327 | $28573 | $(243175) | $6750 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (16564) | 827547 | 3200160 | 302062 | 226713 | 6056130 | 1840789 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 90498 | 462190 | 2985516 | (88665) | (50247) | (2047057) | 250649 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 72523 | 1230280 | 6021705 | 216724 | 205039 | 3765898 | 2098188 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  | 600 | 13053 |  | 2400 | 13659 | 1200 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (5365) | (586477) | (1937526) | (368953) | (38231) | (3102009) | (1061513) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (10818) | (69870) | (3025916) | (65199) | (16264) | (990055) | (881481) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (16183) | (655747) | (4950389) | (434152) | (52095) | (4078405) | (1941794) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 56340 | 574533 | 1071316 | (217428) | 152944 | (312507) | 156394 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 246729 | 8404316 | 22737310 | 1795646 | 2595939 | 34823112 | 15063546 |
| &nbsp;&nbsp;&nbsp;End of period | $303069 | $8978849 | $23808626 | $1578218 | $2748883 | $34510605 | $15219940 |

---

---

| |
|:---|
| 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 I 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 CROCI<br> U.S. VIP,<br> Class A | DWS Global<br> Small Cap<br> VIP, Class A | DWS Small<br> Cap Index<br> VIP, Class A | DWS Small<br> Mid Cap<br> Growth VIP,<br> Class A | DWS Small<br> Mid Cap Value<br> VIP, Class A | Empower<br> Aggressive<br> Profile Fund,<br> Investor Class | Empower<br> Bond Index<br> Fund, Investor<br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $29308 | $5402 | $185024 | $(9554) | $7102 | $2726 | $189584 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 497653 | 50401 | 661351 | 49994 | 252874 | 44345 | (89373) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 229236 | 139595 | 2296769 | 49117 | 153832 | 16907 | 392912 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 756197 | 195398 | 3143144 | 89557 | 413808 | 63978 | 493123 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments | 3228 |  | (277822) |  | 1020 |  | 122134 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (80136) | (20589) | (2052204) | (128454) | (187323) | (1797) | (429631) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (323818) | 61125 | (783033) | (99846) | (368133) | (31844) | 693906 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (400726) | 40536 | (3113059) | (228300) | (554436) | (33641) | 386409 |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 355471 | 235934 | 30085 | (138743) | (140628) | 30337 | 879532 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 4998808 | 980699 | 29120673 | 1458863 | 2980738 | 221848 | 8216989 |
| &nbsp;&nbsp;&nbsp;End of period | $5354279 | $1216633 | $29150758 | $1320120 | $2840110 | $252185 | $9096521 |

---

---

| |
|:---|
| 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 I 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<br> Conservative<br> Profile Fund,<br> Investor Class | Empower<br> International<br> Index Fund,<br> Investor Class | Empower<br> International<br> Value Fund,<br> Investor Class | Empower<br> Lifetime 2015<br> Fund, Investor<br> Class | Empower<br> Lifetime 2020<br> Fund, Investor<br> Class | Empower<br> Lifetime 2025<br> Fund, Investor<br> Class | Empower<br> Lifetime 2030<br> Fund, Investor<br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $62262 | $76173 | $5852 | $930 | $7610 | $10724 | $14355 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (17243) | 110255 | 37100 | 486 | 4761 | 11179 | 5272 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 191577 | 902527 | 104756 | 2871 | 36801 | 40616 | 62185 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 236596 | 1088955 | 147708 | 4287 | 49172 | 62519 | 81812 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  | 5498 |  |  |  |  | 16219 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (275794) | (221109) | (10955) | (4719) | (834) |  | (1239) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (45522) | 673178 | 103097 | - | (305285) | (737) | (51653) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (321316) | 457567 | 92142 | (4719) | (306119) | (737) | (36673) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (84720) | 1546522 | 239850 | (432) | (256947) | 61782 | 45139 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 3411994 | 3342101 | 353560 | 48070 | 677708 | 568024 | 697512 |
| &nbsp;&nbsp;&nbsp;End of period | $3327274 | $4888623 | $593410 | $47638 | $420761 | $629806 | $742651 |

---

---

| |
|:---|
| 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 I 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<br> Lifetime 2035<br> Fund, Investor<br> Class | Empower<br> Lifetime 2040<br> Fund, Investor<br> Class | Empower<br> Lifetime 2045<br> Fund, Investor<br> Class | Empower<br> Lifetime 2050<br> Fund, Investor<br> Class | Empower<br> Lifetime 2055<br> Fund, Investor<br> Class | Empower<br> Lifetime 2060<br> Fund, Investor<br> Class | Empower Mid<br> Cap Value<br> Fund, Investor<br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $3331 | $633 | $1587 | $1283 | $592 | $1230 | $35593 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 5181 | 790 | 4292 | 2552 | 3025 | 4887 | 11096 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 20169 | 2785 | 14759 | 8450 | 17146 | 7961 | 24017 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 28681 | 4208 | 20638 | 12285 | 20763 | 14078 | 70706 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  | (25656) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 12848 | 8086 | (1) | (1) | (1) | (3) | (23522) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | 12848 | 8086 | (1) | (1) | (1) | (3) | (49178) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 41529 | 12294 | 20637 | 12284 | 20762 | 14075 | 21528 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 207745 | 26836 | 129080 | 73629 | 122209 | 81795 | 970466 |
| &nbsp;&nbsp;&nbsp;End of period | $249274 | $39130 | $149717 | $85913 | $142971 | $95870 | $991994 |

---

---

| |
|:---|
| 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 I 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<br> Moderate<br> Profile Fund,<br> Investor Class | Empower<br> Moderately<br> Aggressive<br> Profile Fund,<br> Investor Class | Empower<br> Moderately<br> Conservative<br> Profile Fund,<br> Investor Class | Empower<br> Multi-Sector<br> Bond Fund,<br> Investor Class | Empower Real<br> Estate Index<br> Fund, Investor<br> Class | Empower<br> SecureFoundation<br> Balanced Fund,<br> Investor Class | Empower<br> Small Cap<br> Value Fund,<br> Investor Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $148070 | $58430 | $73098 | $189918 | $2840 | $3073050 | $(6350) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 529455 | 155386 | 130269 | (712) | 3106 | 2413177 | 6887 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 376601 | 274682 | 195632 | 305922 | 1784 | 11940077 | 33228 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 1054126 | 488498 | 398999 | 495128 | 7730 | 17426304 | 33765 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  | 12000 |  |  |  | 110275 |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (1455750) | (294395) | (67199) | (289705) | (1236) | (13945525) | (36709) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 202994 | (31257) | (203854) | 569183 | (24640) | (4288253) | (10654) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (1252756) | (313652) | (271053) | 279478 | (25876) | (18123503) | (47363) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (198630) | 174846 | 127946 | 774606 | (18146) | (697199) | (13598) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 9718428 | 3947749 | 4414642 | 6814155 | 335817 | 153252635 | 1047441 |
| &nbsp;&nbsp;&nbsp;End of period | $9519798 | $4122595 | $4542588 | $7588761 | $317671 | $152555436 | $1033843 |

---

---

| |
|:---|
| 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 I 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.<br> Rowe Price<br> Mid Cap<br> Growth Fund,<br> Investor Class | Federated<br> Hermes Fund<br> for U.S.<br> Government<br> Securities II | Federated<br> Hermes<br> Managed<br> Volatility<br> Fund II,<br> Primary<br> Shares | Franklin Small<br> Cap Value VIP<br> Fund, Class 2 | Goldman<br> Sachs VIT<br> Multi-Strategy<br> Alternatives<br> Portfolio,<br> Service Shares | Invesco V.I.<br> Comstock<br> Fund, Series I | Invesco V.I.<br> Core Equity<br> Fund, Series I |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(13049) | $589226 | $39061 | $15040 | $(73) | $59896 | $(8874) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 40706 | (727983) | 18519 | 281405 | (267) | 846513 | 382073 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 20576 | 1219829 | 49500 | (44398) | 481 | 96521 | 246799 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 48233 | 1081072 | 107080 | 252047 | 141 | 1002930 | 619998 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| Contract owners' net payments | 25650 |  |  | 180 |  | 33 |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (39430) | (1602641) | (155352) | (152635) | (2910) | (399254) | (335635) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 253645 | 994945 | (169010) | (156039) | (56295) | (492173) | (58727) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | 239865 | (607696) | (324362) | (308494) | (59205) | (891394) | (394362) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 288098 | 473376 | (217282) | (56447) | (59064) | 111536 | 225636 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 1677713 | 18744266 | 2049211 | 4190000 | 59064 | 6668613 | 4323334 |
| End of period | $1965811 | $19217642 | $1831929 | $4133553 | $- | $6780149 | $4548970 |

---

---

| |
|:---|
| 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 I 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.<br> EQV<br> International<br> Equity Fund,<br> Series I | Invesco V.I.<br> Global Fund,<br> Series I | Invesco V.I.<br> Growth and<br> Income Fund,<br> Series I | Invesco V.I.<br> High Yield<br> Fund, Series I | Invesco V.I.<br> International<br> Growth Fund,<br> Series I | Invesco V.I.<br> Main Street<br> Mid Cap Fund,<br> Series I | Invesco V.I.<br> Main Street<br> Small Cap<br> Fund, Series I |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $73090 | $(231474) | $66653 | $225952 | $(33714) | $(8174) | $(8085) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 632153 | 5792662 | 788570 | (14195) | 462837 | 124289 | 243553 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 838457 | (1270505) | 406748 | 3008 | 954352 | 29524 | (124261) |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 1543700 | 4290683 | 1261971 | 214765 | 1383475 | 145639 | 111207 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments | (196894) | 5813 | 3360 | 1300 | 2433 |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (623823) | (2289144) | (524794) | (210673) | (945009) | (217262) | (45859) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (279061) | (1102616) | (515288) | (134615) | (550468) | (39169) | (1283320) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (1099778) | (3385947) | (1036722) | (343988) | (1493044) | (256431) | (1329179) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 443922 | 904736 | 225249 | (129223) | (109569) | (110792) | (1217972) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 10499128 | 32029197 | 9432751 | 3831591 | 9675301 | 1848652 | 3443682 |
| &nbsp;&nbsp;&nbsp;End of period | $10943050 | $32933933 | $9658000 | $3702368 | $9565732 | $1737860 | $2225710 |

---

---

| |
|:---|
| 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 I 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.<br> Small Cap<br> Equity Fund,<br> Series I | Invesco V.I.<br> Technology<br> Fund, Series I | Janus<br> Henderson<br> VIT Balanced<br> Portfolio,<br> Institutional<br> Shares | Janus<br> Henderson<br> VIT Balanced<br> Portfolio,<br> Service Shares | Janus<br> Henderson<br> VIT Flexible<br> Bond<br> Portfolio,<br> Institutional<br> Shares | Janus<br> Henderson<br> VIT Flexible<br> Bond<br> Portfolio,<br> Service Shares | Janus<br> Henderson<br> VIT Global<br> Research<br> Portfolio,<br> Institutional<br> Shares |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(18280) | $(42657) | $216624 | $1324933 | $586798 | $1110223 | $(35564) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 85070 | 760050 | 788512 | 11008851 | (287485) | (579364) | 2950468 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 109098 | 231271 | 1121182 | 5374345 | 532249 | 1311778 | 406503 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 175888 | 948664 | 2126318 | 17708129 | 831562 | 1842637 | 3321407 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  | 500 | 483 | 4399 |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (166052) | (252656) | (181124) | (10689889) | (507338) | (1528004) | (1658145) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 130142 | 396349 | (336638) | (6008621) | (342472) | 1212467 | (294258) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (35910) | 143693 | (517262) | (16698027) | (845411) | (315537) | (1952403) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 139978 | 1092357 | 1609056 | 1010102 | (13849) | 1527100 | 1369004 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 2538832 | 5439351 | 15156848 | 135140523 | 13104654 | 29113006 | 18260442 |
| &nbsp;&nbsp;&nbsp;End of period | $2678810 | $6531708 | $16765904 | $136150625 | $13090805 | $30640106 | $19629446 |

---

---

| |
|:---|
| 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 I 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<br> Henderson<br> VIT Global<br> Technology<br> and<br> Innovation<br> Portfolio,<br> Institutional<br> Shares | Janus<br> Henderson<br> VIT Global<br> Technology<br> and<br> Innovation<br> Portfolio,<br> Service Shares | Janus<br> Henderson<br> VIT Overseas<br> Portfolio,<br> Institutional<br> Shares | Janus<br> Henderson<br> VIT Overseas<br> Portfolio,<br> Service Shares | Janus<br> Henderson<br> VIT Research<br> Portfolio,<br> Institutional<br> Shares | Lazard<br> Retirement<br> Emerging<br> Markets<br> Equity<br> Portfolio,<br> Service Shares | Lord Abbett<br> Series Fund<br> Short<br> Duration<br> Income<br> Portfolio,<br> Class VC |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(13793) | $(118696) | $18474 | $8597 | $(83901) | $264385 | $77218 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 414042 | 3456810 | 56248 | 33386 | 1986824 | 682830 | 5065 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 9173 | 325794 | 696461 | 367848 | (331493) | 3499418 | 22209 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 409422 | 3663908 | 771183 | 409831 | 1571430 | 4446633 | 104492 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  | 1710 |  | 1200 |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (71531) | (1263746) | (25183) | (84773) | (2138466) | (992493) | (31796) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (76440) | (4042076) | (130761) | 184561 | (215632) | 25564 | 32031 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (147971) | (5305822) | (155944) | 101498 | (2354098) | (965729) | 235 |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 261451 | (1641914) | 615239 | 511329 | (782668) | 3480904 | 104727 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 1726829 | 18503778 | 2909438 | 1460488 | 12556913 | 11354913 | 2044750 |
| &nbsp;&nbsp;&nbsp;End of period | $1988280 | $16861864 | $3524677 | $1971817 | $11774245 | $14835817 | $2149477 |

---

---

| |
|:---|
| 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 I 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<br> American<br> Century<br> Balanced<br> Fund, Standard<br> Class II | LVIP<br> American<br> Century<br> Disciplined<br> Core Value<br> Fund, Standard<br> Class II | LVIP<br> American<br> Century<br> International<br> Fund, Standard<br> Class II | LVIP<br> American<br> Century Mid<br> Cap Value<br> Fund, Service<br> Class | LVIP<br> American<br> Century Value<br> Fund, Standard<br> Class II | LVIP Baron<br> Growth<br> Opportunities<br> Fund, Service<br> Class | LVIP<br> BlackRock<br> Equity<br> Dividend<br> Fund, Standard<br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $312713 | $94050 | $28527 | $80793 | $162067 | $(126718) | $10558 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 287266 | (49074) | 48302 | 748885 | 2043335 | 2759864 | 97522 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 1688260 | 1232783 | 964827 | (73940) | 454746 | (4600932) | 23551 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 2288239 | 1277759 | 1041656 | 755738 | 2660148 | (1967786) | 131631 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments | 96351 |  |  | 621 | 5343 | 1260 |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (1578192) | (417682) | (789726) | (1479930) | (1050890) | (1309972) | (64384) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (301324) | (461461) | (268951) | (306616) | (1681613) | (959262) | (106951) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (1783165) | (879143) | (1058677) | (1785925) | (2727160) | (2267974) | (171335) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 505074 | 398616 | (17021) | (1030187) | (67012) | (4235760) | (39704) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 27484862 | 10177362 | 6810806 | 10859475 | 19380601 | 19463361 | 1071112 |
| &nbsp;&nbsp;&nbsp;End of period | $27989936 | $10575978 | $6793785 | $9829288 | $19313589 | $15227601 | $1031408 |

---

---

| |
|:---|
| 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 I 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<br> JPMorgan<br> Core Bond<br> Fund, Standard<br> Class | LVIP<br> JPMorgan<br> Small Cap<br> Core Fund,<br> Standard Class | LVIP Nomura<br> SMID Cap<br> Core Fund,<br> Standard Class | MFS VIT II<br> Core Equity<br> Portfolio,<br> Service Class | MFS VIT II<br> International<br> Growth<br> Portfolio,<br> Initial Class | MFS VIT II<br> International<br> Intrinsic Value<br> Portfolio,<br> Service Class | MFS VIT III<br> Blended<br> Research<br> Small Cap<br> Equity<br> Portfolio,<br> Initial Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $37784 | $(2917) | $(11626) | $(1016) | $6070 | $231629 | $783 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (2403) | 217005 | 307368 | 15463 | 124974 | 4032576 | 21400 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 42122 | 97173 | 229600 | 1231 | 238781 | 5890371 | (10671) |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 77503 | 311261 | 525342 | 15678 | 369825 | 10154576 | 11512 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  | (267965) |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (186452) | (557165) | (402147) |  | (18772) | (3848298) | (1356) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 303194 | 169716 | (27833) | 2881 | 31815 | 104757 | (21756) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | 116742 | (387449) | (429980) | 2881 | 13043 | (4011506) | (23112) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 194245 | (76188) | 95362 | 18559 | 382868 | 6143070 | (11600) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 1168730 | 2991523 | 7333507 | 140284 | 1780520 | 33240224 | 262308 |
| &nbsp;&nbsp;&nbsp;End of period | $1362975 | $2915335 | $7428869 | $158843 | $2163388 | $39383294 | $250708 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | MFS VIT III<br> Mid Cap Value<br> Portfolio,<br> Initial Class | MFS VIT<br> Utilities<br> Series, Service<br> Class | Neuberger<br> Berman AMT<br> Mid Cap<br> Intrinsic Value<br> Portfolio,<br> Class S | Neuberger<br> Berman AMT<br> Quality Equity<br> Portfolio,<br> Class S | Nomura VIP<br> Emerging<br> Markets<br> Series,<br> Standard Class | Nomura VIP<br> International<br> Core Equity<br> Series, Service<br> Class | Nomura VIP<br> International<br> Core Equity<br> Series,<br> Standard Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $2477 | $114475 | $(3470) | $(4587) | $32676 | $(2650) | $1430 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 54090 | 123990 | 52321 | 69089 | 141775 | 82971 | 16446 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (23683) | 512229 | 1416 | 50350 | 2056944 | 230848 | 27997 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 32884 | 750694 | 50267 | 114852 | 2231395 | 311169 | 45873 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments | 7650 | 4233 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (42419) | (357809) | (54216) | (3149) | (392317) | (67918) | (54478) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (90932) | 42802 | (75999) | (21086) | (520283) | (68701) | (4956) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (125701) | (310774) | (130215) | (24235) | (912600) | (136619) | (59434) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (92817) | 439920 | (79948) | 90617 | 1318795 | 174550 | (13561) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 686748 | 5312256 | 647375 | 908842 | 3265349 | 1421731 | 214498 |
| &nbsp;&nbsp;&nbsp;End of period | $593931 | $5752176 | $567427 | $999459 | $4584144 | $1596281 | $200937 |

---

---

| |
|:---|
| 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 I 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<br> Small Cap<br> Value Series,<br> Standard Class | NVIT Mid<br> Cap Index<br> Fund, Class II | PIMCO VIT<br> CommodityRealReturn<br> Strategy Portfolio,<br> Administrative Class | PIMCO VIT<br> Emerging<br> Markets Bond<br> Portfolio,<br> Administrative<br> Class | PIMCO VIT<br> High Yield<br> Portfolio,<br> Administrative<br> Class | PIMCO VIT<br> Low Duration<br> Portfolio,<br> Administrative<br> Class | PIMCO VIT<br> Real Return<br> Portfolio,<br> Administrative<br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $104085 | $53831 | $54118 | $50906 | $1370368 | $1870088 | $84234 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 1481655 | 856208 | (178211) | 11168 | (244434) | (728074) | (106506) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (316909) | 306745 | 530185 | 52629 | 752148 | 1592263 | 248127 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 1268831 | 1216784 | 406092 | 114703 | 1878082 | 2734277 | 225855 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments | 500 | (216789) |  |  | 7629 | 112534 | 74923 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (2250712) | (2655302) | (61554) | (25071) | (1897677) | (4475135) | (563739) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (415519) | (1044459) | (310747) | 117315 | 1878792 | 1125474 | 244849 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (2665731) | (3916550) | (372301) | 92244 | (11256) | (3237127) | (243967) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (1396900) | (2699766) | 33791 | 206947 | 1866826 | (502850) | (18112) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 19142712 | 22753741 | 2518264 | 668025 | 22861316 | 58351842 | 3052809 |
| &nbsp;&nbsp;&nbsp;End of period | $17745812 | $20053975 | $2552055 | $874972 | $24728142 | $57848992 | $3034697 |

---

---

| |
|:---|
| 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 I 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<br> Total Return<br> Portfolio,<br> Administrative<br> Class | Prudential<br> Series Fund<br> Natural<br> Resources<br> Portfolio,<br> Class II | Prudential<br> Series Fund<br> PGIM<br> Jennison<br> Blend<br> Portfolio,<br> Class II | Putnam VT<br> Core Equity<br> Fund, Class IA | Putnam VT<br> Global Asset<br> Allocation<br> Fund, Class IA | Putnam VT<br> Global Health<br> Care Fund,<br> Class IB | Putnam VT<br> Income Fund,<br> Class IA |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $3787721 | $(888) | $(18971) | $(669) | $14727 | $(21986) | $236774 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (2758168) | 29814 | 131322 | 389623 | 104476 | 165506 | (324925) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 7651707 | (63123) | 345225 | 167716 | (5561) | 228572 | 444480 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 8681260 | (34197) | 457576 | 556670 | 113642 | 372092 | 356329 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments | (295092) |  |  |  |  |  | 4399 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (6827173) | (1101) | (83403) | (236054) | (7268) | (126437) | (557590) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 2663970 | (393478) | 381934 | (120123) | 47107 | (79064) | 257365 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (4458295) | (394579) | 298531 | (356177) | 39839 | (205501) | (295826) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 4222965 | (428776) | 756107 | 200493 | 153481 | 166591 | 60503 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 109418558 | 428776 | 2000579 | 3843556 | 784333 | 2827523 | 5402472 |
| &nbsp;&nbsp;&nbsp;End of period | $113641523 | $- | $2756686 | $4044049 | $937814 | $2994114 | $5462975 |

---

---

| |
|:---|
| 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 I 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<br> International<br> Equity Fund,<br> Class IA | Putnam VT<br> International<br> Value Fund,<br> Class IA | Putnam VT<br> Large Cap<br> Value Fund,<br> Class IB | Putnam VT<br> Mortgage<br> Securities<br> Fund, Class IB | Putnam VT<br> Small Cap<br> Value Fund,<br> Class IA | Royce Capital<br> Fund<br> Small-Cap<br> Portfolio,<br> Service Class | Schwab<br> Government<br> Money<br> Market<br> Portfolio |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(8355) | $7301 | $149564 | $236739 | $1392 | $25833 | $5251504 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 246067 | 118213 | 2551636 | (99551) | 28035 | 179571 | 1003 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 446592 | 275554 | 892061 | 111254 | (6044) | (1347) | - |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 684304 | 401068 | 3593261 | 248442 | 23383 | 204057 | 5252507 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments | 960 |  | 11280 |  |  |  | 1738182 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (240661) | (76645) | (2597040) | (76701) |  | (174603) | (69353702) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 810014 | 194322 | (818074) | 302592 | (1380) | (173227) | 50090776 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | 570313 | 117677 | (3403834) | 225891 | (1380) | (347830) | (17524744) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 1254617 | 518745 | 189427 | 474333 | 22003 | (143773) | (12272237) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 1581183 | 1134669 | 21099554 | 2847674 | 476708 | 3032203 | 166994015 |
| &nbsp;&nbsp;&nbsp;End of period | $2835800 | $1653414 | $21288981 | $3322007 | $498711 | $2888430 | $154721778 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Schwab S&P<br> 500 Index<br> Portfolio | Schwab VIT<br> Balanced<br> Portfolio | Schwab VIT<br> Balanced with<br> Growth<br> Portfolio | Schwab VIT<br> Growth<br> Portfolio | T. Rowe Price<br> Health<br> Sciences<br> Portfolio | T. Rowe Price<br> Health<br> Sciences<br> Portfolio,<br> Class II | Templeton<br> Foreign VIP<br> Fund, Class 2 |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $2611779 | $61902 | $103446 | $23567 | $(10503) | $(21867) | $109580 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 68839327 | 174408 | 192047 | 210378 | 80433 | 77809 | 495043 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 21502504 | 165399 | 557940 | 55883 | 171714 | 360660 | 1059760 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 92953610 | 401709 | 853433 | 289828 | 241644 | 416602 | 1664383 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments | 162307 |  |  |  |  |  | 33 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (66451956) | (176606) | (89200) | (62122) | (80276) | (798403) | (364715) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (19804694) | (590293) | 581241 | 463103 | 123325 | (918192) | 32213 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (86094343) | (766899) | 492041 | 400981 | 43049 | (1716595) | (332469) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 6859267 | (365190) | 1345474 | 690809 | 284693 | (1299993) | 1331914 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 607461784 | 3726029 | 5402354 | 1296160 | 1375169 | 3873644 | 6033782 |
| &nbsp;&nbsp;&nbsp;End of period | $614321051 | $3360839 | $6747828 | $1986969 | $1659862 | $2573651 | $7365696 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Templeton<br> Global Bond<br> VIP Fund,<br> Class 2 | Third Avenue<br> Value<br> Portfolio | Touchstone<br> Bond Fund,<br> Class I | Touchstone<br> Common<br> Stock Fund,<br> Class I | Touchstone<br> Common<br> Stock Fund,<br> Class SC | Touchstone<br> Small<br> Company<br> Fund, Class I | VanEck VIP<br> Emerging<br> Markets Bond<br> Fund, Initial<br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(38530) | $18250 | $228612 | $(26156) | $(18071) | $(31994) | $124574 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (349470) | 216123 | (152316) | 2134675 | 941696 | 669353 | (25848) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 1177593 | 148617 | 375057 | (200390) | 3687 | (187425) | 370919 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 789593 | 382990 | 451353 | 1908129 | 927312 | 449934 | 469645 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  |  | 4320 |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (477405) | (187696) | (532929) | (226810) | (97859) | (387908) | (87014) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (317581) | (130297) | 1455003 | (941911) | (43594) | (608092) | (283159) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (794986) | (317993) | 922074 | (1168721) | (141453) | (991680) | (370173) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (5393) | 64997 | 1373427 | 739408 | 785859 | (541746) | 99472 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 5668992 | 1347647 | 5454540 | 11838624 | 5559527 | 6482157 | 2853376 |
| &nbsp;&nbsp;&nbsp;End of period | $5663599 | $1412644 | $6827967 | $12578032 | $6345386 | $5940411 | $2952848 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | VanEck VIP<br> Global<br> Resources<br> Fund, Class S | Vanguard VIF<br> Capital<br> Growth<br> Portfolio | Vanguard VIF<br> Diversified<br> Value<br> Portfolio | Vanguard VIF<br> Mid-Cap<br> Index<br> Portfolio | Vanguard VIF<br> Real Estate<br> Index<br> Portfolio | Vanguard VIF<br> Small<br> Company<br> Growth<br> Portfolio | Victory<br> Pioneer Bond<br> VCT<br> Portfolio,<br> Class I |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $47004 | $27307 | $63593 | $72007 | $89608 | $(3388) | $91636 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 26016 | 463672 | 831148 | 823583 | (283634) | 159310 | (27513) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 783288 | 1249853 | 95307 | 335928 | 310989 | (13970) | 161693 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 856308 | 1740832 | 990048 | 1231518 | 116963 | 141952 | 225816 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  | 9364 | 9831 |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (907954) | (876580) | (612845) | (567241) | (461637) | (58882) | (57165) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 746860 | 264485 | (414849) | 105501 | (880402) | (46519) | (1788748) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (161094) | (612095) | (1027694) | (452376) | (1332208) | (105401) | (1845913) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 695214 | 1128737 | (37646) | 779142 | (1215245) | 36551 | (1620097) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 2745962 | 6078460 | 6519423 | 11477336 | 4797041 | 2670272 | 3507997 |
| &nbsp;&nbsp;&nbsp;End of period | $3441176 | $7207197 | $6481777 | $12256478 | $3581796 | $2706823 | $1887900 |

---

---

| |
|:---|
| 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 I SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2025

---

| | | | |
|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Victory<br> Pioneer Fund<br> VCT<br> Portfolio,<br> Class I | Victory<br> Pioneer Mid<br> Cap Value<br> VCT<br> Portfolio,<br> Class II | Victory<br> Pioneer Select<br> Mid Cap<br> Growth VCT<br> Portfolio,<br> Class I |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |
| OPERATIONS: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $(19117) | $17528 | $(57850) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 1311990 | (150310) | 705153 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (59942) | 264123 | 549313 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 1232931 | 131341 | 1196616 |
| CONTRACT TRANSACTIONS: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments | 6300 |  | 1500 |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits | (1341355) | (277452) | (1449340) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (496272) | (118931) | 531316 |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (1831327) | (396383) | (916524) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (598396) | (265042) | 280092 |
| NET ASSETS: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 6599238 | 1888513 | 6908278 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $6000842 | $1623471 | $7188370 |

---

---

| |
|:---|
| 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 I 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<br> Discovery<br> Value<br> Portfolio,<br> Class A | AB VPS<br> International<br> Value<br> Portfolio<br> , Class A | AB VPS Large<br> Cap Growth<br> Portfolio,<br> Class A | AB VPS<br> Relative Value<br> Portfolio,<br> Class A | AB VPS<br> Sustainable<br> International<br> Thematic<br> Portfolio,<br> Class A | Alger<br> Balanced<br> Portfolio,<br> Class I-2 | Alger Capital<br> Appreciation<br> Portfolio,<br> Class I-2 |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $4212 | $23678 | $(148184) | $94882 | $(10403) | $(7512) | $(44662) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 92100 | 19912 | 1699780 | 719620 | (693158) | 17739 | 660349 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 225954 | 14901 | 3069117 | 652898 | 614499 | 151984 | 1656751 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 322266 | 58491 | 4620713 | 1467400 | (89062) | 162211 | 2272438 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments | 145 |  | 3879 |  | 30 |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (39424) |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (544428) | (188825) | (2987934) | (2780562) | (6780647) | (27293) | (250208) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (583707) | (188825) | (2984055) | (2780562) | (6780617) | (27293) | (250208) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (261441) | (130334) | 1636658 | (1313162) | (6869679) | 134918 | 2022230 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 3945860 | 1318017 | 19834983 | 13283636 | 6869679 | 1008891 | 5310287 |
| &nbsp;&nbsp;&nbsp;End of period | $3684419 | $1187683 | $21471641 | $11970474 | $- | $1143809 | $7332517 |

---

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 I 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 Large<br> Cap Growth<br> Portfolio,<br> Class I-2 | Alger Mid Cap<br> Growth<br> Portfolio,<br> Class I-2 | Allspring VT<br> Discovery All<br> Cap Growth<br> Fund, Class 2 | Allspring VT<br> Discovery<br> SMID Cap<br> Growth Fund,<br> Class 2 | Allspring VT<br> Opportunity<br> Fund, Class 2 | ALPS Global<br> Opportunity<br> Portfolio,<br> Class I | American<br> Funds IS<br> Capital World<br> Bond Fund,<br> Class 2 |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(285066) | $(34338) | $(17004) | $(59517) | $(39388) | $22975 | $5678 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 688803 | (145873) | 31163 | (727326) | 610759 | 25534 | 3032 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 11985003 | 987604 | 384807 | 2043851 | 202138 | 1992 | (20193) |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 12388740 | 807393 | 398966 | 1257008 | 773509 | 50501 | (11483) |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments | 9484 |  | 1000 |  | 800 |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (109920) |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (3311510) | (477526) | (146941) | (777686) | (424109) | (101359) | 30983 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (3411946) | (477526) | (145941) | (777686) | (423309) | (101359) | 30983 |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 8976794 | 329867 | 253025 | 479322 | 350200 | (50858) | 19500 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 31616530 | 4329653 | 2014073 | 7352364 | 5630189 | 331051 | 327665 |
| &nbsp;&nbsp;&nbsp;End of period | $40593324 | $4659520 | $2267098 | $7831686 | $5980389 | $280193 | $347165 |

---

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 I 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<br> Funds IS<br> Global Growth<br> Fund, Class 1 | American<br> Funds IS<br> Global Small<br> Capitalization<br> Fund, Class 2 | American<br> Funds IS<br> Growth-Income<br> Fund, Class 4 | American<br> Funds IS<br> International<br> Fund, Class 2 | American<br> Funds IS New<br> World Fund,<br> Class 2 | American<br> Funds IS The<br> Bond Fund of<br> America,<br> Class 2 | BlackRock<br> 60/40 Target<br> Allocation<br> ETF V.I.<br> Fund, Class III |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income (loss) | $26050 | $(1283) | $21289 | $10306 | $18029 | $87946 | $11048 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 87693 | (38210) | 604611 | (13131) | 42414 | (257765) | 63325 |
| &nbsp;&nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 141701 | 41022 | 602571 | 52470 | 89894 | 196125 | (1672) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 255444 | 1529 | 1228471 | 49645 | 150337 | 26306 | 72701 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  | 10843 |  | 28400 | 2711 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (66545) | (73058) | (1118498) | (96495) | (157192) | (604992) | (60961) |
| &nbsp;&nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (66545) | (73058) | (1107655) | (96495) | (128792) | (602281) | (60961) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 188899 | (71529) | 120816 | (46850) | 21545 | (575975) | 11740 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beginning of period | 1955969 | 317334 | 7337460 | 1989040 | 2528264 | 3072978 | 729539 |
| &nbsp;&nbsp;&nbsp;&nbsp;End of period | $2144868 | $245805 | $7458276 | $1942190 | $2549809 | $2497003 | $741279 |

---

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 I SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | BlackRock<br> Global<br> Allocation<br> V.I. Fund,<br> Class I | BNY Mellon<br> IP MidCap<br> Stock<br> Portfolio,<br> Initial Shares | BNY Mellon<br> VIF<br> Appreciation<br> Portfolio,<br> Initial Shares | BNY Mellon<br> VIF Growth<br> and Income<br> Portfolio,<br> Initial Shares | BNY Mellon<br> VIF Small Cap<br> Portfolio,<br> Initial Shares | ClearBridge<br> Variable Large<br> Cap Growth<br> Portfolio,<br> Class I | ClearBridge<br> Variable Mid<br> Cap Portfolio,<br> Class I |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $47819 | $4500 | $(33803) | $(13546) | $19 | $(12819) | $(231) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 461023 | 56490 | 570250 | 424071 | 493 | 589787 | 5135 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 101316 | 277960 | 619867 | 823418 | 10152 | 67791 | 12031 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 610158 | 338950 | 1156314 | 1233943 | 10664 | 644759 | 16935 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  | 250 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  | (38178) |  |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (1488373) | (62383) | (1385026) | (609167) | (20621) | (660579) | 18798 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (1488373) | (62383) | (1384776) | (647345) | (20621) | (660579) | 18798 |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (878215) | 276567 | (228462) | 586598 | (9957) | (15820) | 35733 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 8166016 | 2841506 | 9798592 | 5901064 | 277225 | 1665637 | 301563 |
| &nbsp;&nbsp;&nbsp;End of period | $7287801 | $3118073 | $9570130 | $6487662 | $267268 | $1649817 | $337296 |

---

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 I 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<br> Variable Small<br> Cap Growth<br> Portfolio,<br> Class I | Columbia VP<br> Emerging<br> Markets Fund,<br> Class 2 | Columbia VP<br> Large Cap<br> Growth Fund,<br> Class 2 | Columbia VP<br> Seligman<br> Global<br> Technology<br> Fund, Class 2 | Columbia VP<br> Small Cap<br> Value Fund,<br> Class 2 | Delaware VIP<br> International<br> Series,<br> Standard Class | Dimensional<br> VA US<br> Targeted<br> Value<br> Portfolio,<br> Institutional |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(11067) | $3416 | $(52209) | $(161028) | $(3744) | $4771 | $16557 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (99116) | 18898 | 1047182 | 2178682 | (90223) | (10394) | 314227 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 165625 | 1203 | 857212 | 2836893 | 220612 | 12512 | (94748) |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 55442 | 23517 | 1852185 | 4854547 | 126645 | 6889 | 236036 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  | 1500 | 7985 | 1000 |  | 5400 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  | (14157) |  | (74146) |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (233716) | (322618) | (110818) | (1938578) | (476589) | (267049) | (229153) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (233716) | (322618) | (123475) | (1930593) | (549735) | (267049) | (223753) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (178274) | (299101) | 1728710 | 2923954 | (423090) | (260160) | 12283 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 1975148 | 545830 | 6675606 | 19813356 | 2218736 | 260160 | 2583656 |
| &nbsp;&nbsp;&nbsp;End of period | $1796874 | $246729 | $8404316 | $22737310 | $1795646 | $- | $2595939 |

---

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 I 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 Capital<br> Growth VIP,<br> Class A | DWS Core<br> Equity VIP,<br> Class A | DWS CROCI<br> U.S. VIP,<br> Class A | DWS Global<br> Small Cap<br> VIP, Class A | DWS Small<br> Cap Index<br> VIP, Class A | DWS Small<br> Mid Cap<br> Growth VIP,<br> Class A | DWS Small<br> Mid Cap Value<br> VIP, Class A |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(190353) | $10394 | $35460 | $7614 | $121956 | $(10912) | $14736 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 3609457 | 1346255 | 63696 | 50011 | 349661 | (7961) | 146988 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 3941156 | 1453016 | 661374 | 238 | 2222836 | 87120 | (1249) |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 7360260 | 2809665 | 760530 | 57863 | 2694453 | 68247 | 160475 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments | 46500 | 17764 | 3208 |  | 48162 |  | 850 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  | (27005) |  |  | (4972) | (24084) | (8687) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (2477694) | (2462082) | (412954) | (74772) | (1055580) | (83143) | (321135) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (2431194) | (2471323) | (409746) | (74772) | (1012390) | (107227) | (328972) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 4929066 | 338342 | 350784 | (16909) | 1682063 | (38980) | (168497) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 29894046 | 14725204 | 4648024 | 997608 | 27438610 | 1497843 | 3149235 |
| &nbsp;&nbsp;&nbsp;End of period | $34823112 | $15063546 | $4998808 | $980699 | $29120673 | $1458863 | $2980738 |

---

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 I 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<br> Aggressive<br> Profile Fund,<br> Investor Class | Empower<br> Ariel Mid Cap<br> Value Fund,<br> Investor Class | Empower<br> Bond Index<br> Fund, Investor<br> Class | Empower<br> Conservative<br> Profile Fund,<br> Investor Class | Empower<br> International<br> Index Fund,<br> Investor Class | Empower<br> International<br> Value Fund,<br> Investor Class | Empower<br> Lifetime 2015<br> Fund, Investor<br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $5422 | $(37) | $140554 | $79776 | $44043 | $3664 | $532 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 10582 | (1779) | (222750) | 33796 | 37373 | 22708 | (25007) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 7242 | 3290 | 96370 | 47493 | (11296) | (19031) | 28079 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 23246 | 1474 | 14174 | 161065 | 70120 | 7341 | 3604 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  | 2320 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (5878) | (49413) | 143326 | (409762) | 238834 | 54963 | (175085) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (5878) | (49413) | 145646 | (409762) | 238834 | 54963 | (175085) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 17368 | (47939) | 159820 | (248697) | 308954 | 62304 | (171481) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 204480 | 47939 | 8057169 | 3660691 | 3033147 | 291256 | 219551 |
| &nbsp;&nbsp;&nbsp;End of period | $221848 | $- | $8216989 | $3411994 | $3342101 | $353560 | $48070 |

---

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 I 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<br> Lifetime 2020<br> Fund, Investor<br> Class | Empower<br> Lifetime 2025<br> Fund, Investor<br> Class | Empower<br> Lifetime 2030<br> Fund, Investor<br> Class | Empower<br> Lifetime 2035<br> Fund, Investor<br> Class | Empower<br> Lifetime 2040<br> Fund, Investor<br> Class | Empower<br> Lifetime 2045<br> Fund, Investor<br> Class | Empower<br> Lifetime 2050<br> Fund, Investor<br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $14929 | $10041 | $15560 | $3080 | $514 | $1650 | $1418 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 7019 | 10159 | 17185 | 7538 | 1011 | 5466 | 3223 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 18028 | 17235 | 11964 | 5660 | 795 | 4758 | 2411 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 39976 | 37435 | 44709 | 16278 | 2320 | 11874 | 7052 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  | 20006 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (815) | (53200) | 59663 | - | 1 | - | 1 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (815) | (53200) | 79669 | - | 1 | - | 1 |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 39161 | (15765) | 124378 | 16278 | 2321 | 11874 | 7053 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 638547 | 583789 | 573134 | 191467 | 24515 | 117206 | 66576 |
| &nbsp;&nbsp;&nbsp;End of period | $677708 | $568024 | $697512 | $207745 | $26836 | $129080 | $73629 |

---

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 I 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<br> Lifetime 2055<br> Fund, Investor<br> Class | Empower<br> Lifetime 2060<br> Fund, Investor<br> Class | Empower Mid<br> Cap Value<br> Fund, Investor<br> Class | Empower<br> Moderate<br> Profile Fund,<br> Investor Class | Empower<br> Moderately<br> Aggressive<br> Profile Fund,<br> Investor Class | Empower<br> Moderately<br> Conservative<br> Profile Fund,<br> Investor Class | Empower<br> Multi-Sector<br> Bond Fund,<br> Investor Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $743 | $1434 | $64336 | $233677 | $101178 | $96880 | $194684 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 3704 | 3100 | 13259 | 376666 | 114878 | 50917 | (23144) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 7079 | 3021 | 46260 | 66853 | 130063 | 104112 | 124578 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 11526 | 7555 | 123855 | 677196 | 346119 | 251909 | 296118 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  | 12000 |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | - | 1 | (7728) | (1439) | (414603) | (437458) | 379524 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | - | 1 | (7728) | (1439) | (402603) | (437458) | 379524 |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 11526 | 7556 | 116127 | 675757 | (56484) | (185549) | 675642 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 110683 | 74239 | 854339 | 9042671 | 4004233 | 4600191 | 6138513 |
| &nbsp;&nbsp;&nbsp;End of period | $122209 | $81795 | $970466 | $9718428 | $3947749 | $4414642 | $6814155 |

---

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 I 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 Real<br> Estate Index<br> Fund, Investor<br> Class | Empower<br> SecureFoundation<br> Balanced Fund,<br> Investor Class | Empower<br> Small Cap<br> Value Fund,<br> Investor Class | Empower T.<br> Rowe Price<br> Mid Cap<br> Growth Fund,<br> Investor Class | Federated<br> Hermes Fund<br> for U.S.<br> Government<br> Securities II | Federated<br> Hermes<br> Managed<br> Volatility<br> Fund II,<br> Primary<br> Shares | Franklin Small<br> Cap Value VIP<br> Fund, Class 2 |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $6420 | $2235677 | $(6491) | $(11022) | $555875 | $26716 | $8997 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 12813 | 8932359 | 14788 | 127922 | (729722) | (9379) | 91148 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 2320 | 530468 | 66451 | 8656 | 100171 | 247042 | 294236 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 21553 | 11698504 | 74748 | 125556 | (73676) | 264379 | 394381 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  | 107375 |  | 16740 |  |  | 8348 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  | (14357) |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 2774 | (22738341) | (20066) | (349073) | (2244571) | (78829) | (383701) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | 2774 | (22630966) | (20066) | (332333) | (2258928) | (78829) | (375353) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 24327 | (10932462) | 54682 | (206777) | (2332604) | 185550 | 19028 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 311490 | 164185097 | 992759 | 1884490 | 21076870 | 1863661 | 4170972 |
| &nbsp;&nbsp;&nbsp;End of period | $335817 | $153252635 | $1047441 | $1677713 | $18744266 | $2049211 | $4190000 |

---

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 I SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Goldman Sachs<br> VIT<br> Multi-Strategy<br> Alternatives<br> Portfolio,<br> Service Shares | Invesco V.I.<br> Comstock<br> Fund, Series I | Invesco V.I.<br> Core Equity<br> Fund, Series I | Invesco V.I.<br> EQV<br> International<br> Equity Fund,<br> Series I | Invesco V.I.<br> Global Fund,<br> Series I | Invesco V.I.<br> Growth and<br> Income Fund,<br> Series I | Invesco V.I.<br> High Yield<br> Fund, Series I |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $1245 | $67943 | $(5826) | $110315 | $(237494) | $66041 | $182157 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 4 | 673910 | 347257 | (2534) | 1791742 | 643235 | (23881) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 264 | 183386 | 512827 | (69240) | 2981914 | 561273 | 95896 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 1513 | 925239 | 854258 | 38541 | 4536162 | 1270549 | 254172 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  | 24668 |  | 13227 | 30452 | 2800 | 2250 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  | (4787) | (270776) | (214886) | (10547) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | - | (1047783) | (64184) | (1497687) | (2782639) | (360668) | (551866) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | - | (1023115) | (64184) | (1489247) | (3022963) | (572754) | (560163) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 1513 | (97876) | 790074 | (1450706) | 1513199 | 697795 | (305991) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 57551 | 6766489 | 3533260 | 11949834 | 30515998 | 8734956 | 4137582 |
| &nbsp;&nbsp;&nbsp;End of period | $59064 | $6668613 | $4323334 | $10499128 | $32029197 | $9432751 | $3831591 |

---

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 I 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.<br> International<br> Growth Fund,<br> Series I | Invesco V.I.<br> Main Street<br> Mid Cap Fund,<br> Series I | Invesco V.I.<br> Main Street<br> Small Cap<br> Fund, Series I | Invesco V.I.<br> Small Cap<br> Equity Fund,<br> Series I | Invesco V.I.<br> Technology<br> Fund, Series I | Janus<br> Henderson<br> VIT Balanced<br> Portfolio,<br> Institutional<br> Shares | Janus<br> Henderson<br> VIT Balanced<br> Portfolio,<br> Service Shares |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(5891) | $(5807) | $(18325) | $(13587) | $(36882) | $215495 | $1372290 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 453195 | 26829 | 128632 | 47731 | 238092 | 1094496 | 5186849 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (645441) | 207908 | 96783 | 320287 | 1168223 | 828793 | 11292437 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | (198137) | 228930 | 207090 | 354431 | 1369433 | 2138784 | 17851576 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments | 2025 |  |  |  |  | 1000 | (5065) |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (63155) |  |  |  | (25272) |  | (39078) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (1066223) | 261562 | 1191838 | (47541) | 55919 | (2806094) | (9873930) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (1127353) | 261562 | 1191838 | (47541) | 30647 | (2805094) | (9918073) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (1325490) | 490492 | 1398928 | 306890 | 1400080 | (666310) | 7933503 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 11000791 | 1358160 | 2044754 | 2231942 | 4039271 | 15823158 | 127207020 |
| &nbsp;&nbsp;&nbsp;End of period | $9675301 | $1848652 | $3443682 | $2538832 | $5439351 | $15156848 | $135140523 |

---

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 I 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<br> Henderson<br> VIT Flexible<br> Bond<br> Portfolio,<br> Institutional<br> Shares | Janus<br> Henderson<br> VIT Flexible<br> Bond<br> Portfolio,<br> Service Shares | Janus<br> Henderson<br> VIT Global<br> Research<br> Portfolio,<br> Institutional<br> Shares | Janus<br> Henderson<br> VIT Global<br> Technology<br> and<br> Innovation<br> Portfolio,<br> Institutional<br> Shares | Janus<br> Henderson<br> VIT Global<br> Technology<br> and<br> Innovation<br> Portfolio,<br> Service Shares | Janus<br> Henderson<br> VIT Overseas<br> Portfolio,<br> Institutional<br> Shares | Janus<br> Henderson<br> VIT Overseas<br> Portfolio,<br> Service Shares |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $557065 | $1024321 | $994 | $(12502) | $(128400) | $15170 | $6214 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (339105) | (1018361) | 980623 | 4348 | 2129903 | 56761 | 45271 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (50702) | 254897 | 2316980 | 434154 | 2709388 | 69625 | 19047 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 167258 | 260857 | 3298597 | 426000 | 4710891 | 141556 | 70532 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments | 40990 | 528 |  |  | 900 |  | 2480 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (15851) |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (878150) | (3508913) | 456425 | (132650) | (1971554) | (238188) | (50569) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (853011) | (3508385) | 456425 | (132650) | (1970654) | (238188) | (48089) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (685753) | (3247528) | 3755022 | 293350 | 2740237 | (96632) | 22443 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 13790407 | 32360534 | 14505420 | 1433479 | 15763541 | 3006070 | 1438045 |
| &nbsp;&nbsp;&nbsp;End of period | $13104654 | $29113006 | $18260442 | $1726829 | $18503778 | $2909438 | $1460488 |

---

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 I 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<br> Henderson<br> VIT Research<br> Portfolio,<br> Institutional<br> Shares | Lazard<br> Retirement<br> Emerging<br> Markets<br> Equity<br> Portfolio,<br> Service Shares | Lord Abbett<br> Series Fund<br> Short<br> Duration<br> Income<br> Portfolio,<br> Class VC | LVIP<br> American<br> Century<br> Balanced<br> Fund, Standard<br> Class II | LVIP<br> American<br> Century<br> Disciplined<br> Core Value<br> Fund, Standard<br> Class II | LVIP<br> American<br> Century<br> International<br> Fund, Standard<br> Class II | LVIP<br> American<br> Century Mid<br> Cap Value<br> Fund, Service <br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(93809) | $296195 | $75216 | $362432 | $60989 | $62758 | $180305 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 704805 | 108092 | (119345) | 405633 | (87989) | (105837) | 468586 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 2642288 | 294652 | 129698 | 2315544 | 1151496 | 147802 | 177558 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 3253284 | 698939 | 85569 | 3083609 | 1124496 | 104723 | 826449 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  | 9228 |  | 11308 |  | 1000 | 4283 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  | (36085) |  |  | (36421) | (22102) |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (719696) | (381123) | (1194713) | (4628721) | (451959) | (5467) | (1126768) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (719696) | (407980) | (1194713) | (4617413) | (488380) | (26569) | (1122485) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 2533588 | 290959 | (1109144) | (1533804) | 636116 | 78154 | (296036) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 10023325 | 11063954 | 3153894 | 29018666 | 9541246 | 6732652 | 11155511 |
| &nbsp;&nbsp;&nbsp;End of period | $12556913 | $11354913 | $2044750 | $27484862 | $10177362 | $6810806 | $10859475 |

---

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 I 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<br> American<br> Century Value<br> Fund, Standard<br> Class II | LVIP Baron<br> Growth<br> Opportunities<br> Fund, Service<br> Class | LVIP<br> BlackRock<br> Equity<br> Dividend<br> Fund, Standard<br> Class | LVIP<br> JPMorgan<br> Core Bond<br> Fund, Standard<br> Class | LVIP<br> JPMorgan<br> Small Cap<br> Core <br> Fund, Standard <br> Class | LVIP<br> Nomura<br> SMID Cap<br> Core <br> Fund, Standard <br> Class | MFS VIT II<br> Core Equity<br> Portfolio,<br> Service<br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $426285 | $(102756) | $14573 | $44282 | $853 | $(10666) | $(362) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 2012223 | 825306 | 37583 | 32103 | 12887 | 556328 | 5983 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | (635344) | 158757 | 16218 | (72679) | 341366 | 415106 | 11564 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 1803164 | 881307 | 68374 | 3706 | 355106 | 960768 | 17185 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments | 43329 | (3978) |  |  |  | 24643 |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits | (183213) | (96277) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (4547760) | (1161766) | (42903) | 231547 | (398893) | (650253) | 53338 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (4687644) | (1262021) | (42903) | 231547 | (398893) | (625610) | 53338 |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (2884480) | (380714) | 25471 | 235253 | (43787) | 335158 | 70523 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 22265081 | 19844075 | 1045641 | 933477 | 3035310 | 6998349 | 69761 |
| &nbsp;&nbsp;&nbsp;End of period | $19380601 | $19463361 | $1071112 | $1168730 | $2991523 | $7333507 | $140284 |

---

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 I 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 II<br> International<br> Growth<br> Portfolio,<br> Initial Class | MFS VIT II<br> International<br> Intrinsic Value<br> Portfolio,<br> Service Class | MFS VIT III<br> Blended<br> Research<br> Small Cap<br> Equity<br> Portfolio,<br> Initial Class | MFS VIT III<br> Mid Cap Value<br> Portfolio,<br> Initial Class | MFS VIT<br> Utilities<br> Series, <br> Service Class | Morgan<br> Stanley VIF<br> U.S. Real<br> Estate<br> Portfolio,<br> Class I | Neuberger<br> Berman AMT<br> Mid Cap<br> Intrinsic Value<br> Portfolio,<br> Class S |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $5321 | $136414 | $583 | $3672 | $70095 | $45816 | $(2349) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (3875) | 2786344 | (17350) | 55065 | 130247 | (404693) | 18088 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 134704 | (651376) | 19069 | 9542 | 286743 | 686788 | 32046 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 136150 | 2271382 | 2302 | 68279 | 487085 | 327911 | 47785 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  | 80542 |  | 1740 | 1625 | 30 |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  | (6643) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (110272) | (4303650) | (22136) | (305621) | (1010706) | (2987366) | (41221) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (110272) | (4229751) | (22136) | (303881) | (1009081) | (2987336) | (41221) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 25878 | (1958369) | (19834) | (235602) | (521996) | (2659425) | 6564 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 1754642 | 35198593 | 282142 | 922350 | 5834252 | 2659425 | 640811 |
| &nbsp;&nbsp;&nbsp;End of period | $1780520 | $33240224 | $262308 | $686748 | $5312256 | $- | $647375 |

---

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 I SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Neuberger<br> Berman AMT<br> Quality Equity<br> Portfolio,<br> Class S | Nomura VIP<br> Emerging<br> Markets<br> Series,<br> Standard <br> Class | Nomura VIP<br> International<br> Core Equity<br> Series, Service<br> Class | Nomura VIP<br> International<br> Core Equity<br> Series,<br> Standard <br> Class | Nomura VIP<br> Small Cap<br> Value Series,<br> Standard <br> Class | NVIT Mid<br> Cap Index<br> Fund, <br> Class II | PIMCO VIT<br> CommodityRealReturn<br> Strategy Portfolio,<br> Administrative <br> Class |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(4119) | $73182 | $10391 | $2240 | $119577 | $32924 | $39177 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 42722 | (124582) | 4003 | 1204 | 874410 | 463801 | (294139) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 142611 | 231760 | 31718 | (1753) | 895497 | 1975390 | 344670 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 181214 | 180360 | 46112 | 1691 | 1889484 | 2472115 | 89708 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  |  | 1390 | 65304 |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  | (236394) | (47865) |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (1) | (523035) | (202125) | 212807 | (1541656) | (465942) | (146791) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (1) | (523035) | (202125) | 212807 | (1776660) | (448503) | (146791) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 181213 | (342675) | (156013) | 214498 | 112824 | 2023612 | (57083) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 727629 | 3608024 | 1577744 | - | 19029888 | 20730129 | 2575347 |
| &nbsp;&nbsp;&nbsp;End of period | $908842 | $3265349 | $1421731 | $214498 | $19142712 | $22753741 | $2518264 |

---

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 I 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<br> Emerging<br> Markets Bond<br> Portfolio,<br> Administrative<br> Class | PIMCO VIT<br> High Yield<br> Portfolio,<br> Administrative<br> Class | PIMCO VIT<br> Low Duration<br> Portfolio,<br> Administrative<br> Class | PIMCO VIT<br> Real Return<br> Portfolio,<br> Administrative<br> Class | PIMCO VIT<br> Total Return<br> Portfolio,<br> Administrative<br> Class | Prudential<br> Series Fund<br> Natural<br> Resources<br> Portfolio,<br> Class II | Prudential<br> Series Fund<br> PGIM<br> Jennison<br> Blend<br> Portfolio,<br> Class II |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $40998 | $1176794 | $1883666 | $55330 | $3634841 | $(3153) | $(14990) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 1813 | (182972) | (625672) | (102746) | (2819330) | 2809 | 35677 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 7689 | 380649 | 859940 | 76977 | 1111287 | 14921 | 381155 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 50500 | 1374471 | 2117934 | 29561 | 1926798 | 14577 | 401842 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  | 16706 | 42678 | 300 | 217270 |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  | (36393) | (138680) |  | (18760) |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (90098) | (1372146) | (2112077) | 69241 | (1118287) | (15575) | (44424) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (90098) | (1391833) | (2208079) | 69541 | (919777) | (15575) | (44424) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | (39598) | (17362) | (90145) | 99102 | 1007021 | (998) | 357418 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 707623 | 22878678 | 58441987 | 2953707 | 108411537 | 429774 | 1643161 |
| &nbsp;&nbsp;&nbsp;End of period | $668025 | $22861316 | $58351842 | $3052809 | $109418558 | $428776 | $2000579 |

---

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 I 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<br> Core Equity<br> Fund, <br> Class IA | Putnam VT<br> Global Asset<br> Allocation<br> Fund, <br> Class IA | Putnam VT<br> Global Health<br> Care Fund,<br> Class IB | Putnam VT<br> Income Fund,<br> Class IA | Putnam VT<br> International<br> Equity Fund,<br> Class IA | Putnam VT<br> International<br> Value Fund,<br> Class IA | Putnam VT<br> Large Cap<br> Value Fund,<br> Class IB |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $5093 | $11967 | $(10131) | $251884 | $29382 | $22831 | $59496 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 366716 | 7029 | 315718 | (248529) | 12918 | 84532 | 1667074 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 299407 | 91526 | (171068) | 92089 | (10132) | (53848) | 1384555 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 671216 | 110522 | 134519 | 95444 | 32168 | 53515 | 3111125 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  | 98572 | 960 |  | 42620 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 661179 | (40347) | (1624030) | 179327 | (12750) | (126190) | 1041450 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | 661179 | (40347) | (1624030) | 277899 | (11790) | (126190) | 1084070 |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 1332395 | 70175 | (1489511) | 373343 | 20378 | (72675) | 4195195 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 2511161 | 714158 | 4317034 | 5029129 | 1560805 | 1207344 | 16904359 |
| &nbsp;&nbsp;&nbsp;End of period | $3843556 | $784333 | $2827523 | $5402472 | $1581183 | $1134669 | $21099554 |

---

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 I 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<br> Mortgage<br> Securities<br> Fund, <br> Class IB | Putnam VT<br> Small Cap<br> Value Fund,<br> Class IA | Royce Capital<br> Fund<br> Small-Cap<br> Portfolio,<br> Service Class | Schwab<br> Government<br> Money<br> Market<br> Portfolio | Schwab S&P<br> 500 Index<br> Portfolio | Schwab VIT<br> Balanced<br> Portfolio | Schwab VIT<br> Balanced with<br> Growth<br> Portfolio |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $161685 | $1375 | $3303 | $6956601 | $4246921 | $58897 | $78996 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | (102714) | 7978 | 132594 | 2886 | 44314024 | 56447 | 24401 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 240224 | (32375) | (48904) | (1670) | 75333620 | 142684 | 356316 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 299195 | (23022) | 86993 | 6957817 | 123894565 | 258028 | 459713 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  | 180213 | 598717 |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  | (31766015) | (1040190) |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 36064 | 125558 | (308332) | 26377451 | (53541641) | (96344) | 16824 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | 36064 | 125558 | (308332) | (5208351) | (53983114) | (96344) | 16824 |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 335259 | 102536 | (221339) | 1749466 | 69911451 | 161684 | 476537 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 2512415 | 374172 | 3253542 | 165244549 | 537550333 | 3564345 | 4925817 |
| &nbsp;&nbsp;&nbsp;End of period | $2847674 | $476708 | $3032203 | $166994015 | $607461784 | $3726029 | $5402354 |

---

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 I 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<br> Growth<br> Portfolio | T. Rowe Price<br> Health<br> Sciences<br> Portfolio | T. Rowe Price<br> Health<br> Sciences<br> Portfolio,<br> Class II | Templeton<br> Foreign VIP<br> Fund,<br> Class 2 | Templeton<br> Global Bond<br> VIP Fund,<br> Class 2 | Third Avenue<br> Value<br> Portfolio | Touchstone<br> Bond Fund,<br> Class I |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $13685 | $(11738) | $(28459) | $111131 | $(42327) | $27285 | $251005 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 11047 | 165618 | 419061 | 9850 | (238016) | 177052 | (171320) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 72168 | (131292) | (366752) | (233584) | (500216) | (238878) | 7836 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 96900 | 22588 | 23850 | (112603) | (780559) | (34541) | 87521 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  |  | 25 |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  | (13903) |  |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | 362788 | (179295) | 57391 | (76824) | (374481) | (129254) | (1370469) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | 362788 | (179295) | 57391 | (90702) | (374481) | (129254) | (1370469) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 459688 | (156707) | 81241 | (203305) | (1155040) | (163795) | (1282948) |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 836472 | 1531876 | 3792403 | 6237087 | 6824032 | 1511442 | 6737488 |
| &nbsp;&nbsp;&nbsp;End of period | $1296160 | $1375169 | $3873644 | $6033782 | $5668992 | $1347647 | $5454540 |

---

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 I SERIES ACCOUNT**

STATEMENTS OF CHANGES IN NET ASSETS

FOR THE YEAR OR PERIOD ENDED DECEMBER 31, 2024

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS | SUBACCOUNTS |
|  | Touchstone<br> Common<br> Stock Fund,<br> Class I | Touchstone<br> Common<br> Stock Fund,<br> Class SC | Touchstone<br> Small<br> Company<br> Fund, <br> Class I | VanEck VIP<br> Emerging<br> Markets Bond<br> Fund, Initial<br> Class | VanEck VIP<br> Global<br> Resources<br> Fund, <br> Class S | Vanguard VIF<br> Capital<br> Growth<br> Portfolio | Vanguard VIF<br> Diversified<br> Value<br> Portfolio |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $(13706) | $(12722) | $(21155) | $194848 | $57355 | $29229 | $63876 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 1203008 | 594344 | 209529 | (37362) | (97304) | 355510 | 535037 |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 954149 | 418927 | 591285 | (92358) | (51219) | 327275 | 250693 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 2143451 | 1000549 | 779659 | 65128 | (91168) | 712014 | 849606 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments |  |  | 3600 |  | 24643 | 27643 | 3000 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (1222897) | (528932) | (699923) | (232472) | (1243965) | (591893) | (577874) |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (1222897) | (528932) | (696323) | (232472) | (1219322) | (564250) | (574874) |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 920554 | 471617 | 83336 | (167344) | (1310490) | 147764 | 274732 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 10918070 | 5087910 | 6398821 | 3020720 | 4056452 | 5930696 | 6244691 |
| &nbsp;&nbsp;&nbsp;End of period | $11838624 | $5559527 | $6482157 | $2853376 | $2745962 | $6078460 | $6519423 |

---

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 I 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<br> Mid-Cap<br> Index<br> Portfolio | Vanguard VIF<br> Real Estate<br> Index<br> Portfolio | Vanguard VIF<br> Small<br> Company<br> Growth<br> Portfolio | Victory<br> Pioneer Bond<br> VCT<br> Portfolio,<br> Class I | Victory<br> Pioneer Fund<br> VCT<br> Portfolio,<br> Class I | Victory<br> Pioneer Mid<br> Cap Value<br> VCT<br> Portfolio,<br> Class II | Victory<br> Pioneer Select<br> Mid Cap<br> Growth VCT<br> Portfolio,<br> Class I |
| INCREASE (DECREASE) IN NET ASSETS: |  |  |  |  |  |  |  |
| OPERATIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | $82786 | $100075 | $(1591) | $97911 | $(342) | $15837 | $(50700) |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) on investments | 271360 | (15215) | (52940) | (150287) | 652875 | 41184 | (2113) |
| &nbsp;&nbsp;&nbsp;Change in net unrealized appreciation (depreciation) on investments | 1125902 | (557) | 319568 | 45934 | 672364 | 108491 | 1297626 |
| &nbsp;&nbsp;&nbsp;Net increase (decrease) in net assets resulting from operations | 1480048 | 84303 | 265037 | (6442) | 1324897 | 165512 | 1244813 |
| CONTRACT TRANSACTIONS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Contract owners' net payments | 29391 | 4333 |  |  | 5220 |  | 1500 |
| &nbsp;&nbsp;&nbsp;Contract owners' benefits |  |  |  |  |  |  | (3791) |
| &nbsp;&nbsp;&nbsp;Net transfers (to) from the Company and/or Subaccounts | (616731) | 604329 | (277594) | 1782429 | 634583 | 51510 | 158663 |
| &nbsp;&nbsp;&nbsp;Increase (decrease) in net assets resulting from Contract transactions | (587340) | 608662 | (277594) | 1782429 | 639803 | 51510 | 156372 |
| &nbsp;&nbsp;&nbsp;Total increase (decrease) in net assets | 892708 | 692965 | (12557) | 1775987 | 1964700 | 217022 | 1401185 |
| NET ASSETS: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Beginning of period | 10584628 | 4104076 | 2682829 | 1732010 | 4634538 | 1671491 | 5507093 |
| &nbsp;&nbsp;&nbsp;End of period | $11477336 | $4797041 | $2670272 | $3507997 | $6599238 | $1888513 | $6908278 |

---

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 is now known as Empower Annuity Insurance Company of America (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 Colorado Division of Insurance.

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

Schwab Choice

Schwab OneSource

Schwab Select

For the years or periods ended December 31, 2025 and 2024, the Separate Account offered up to 161 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 Balanced Portfolio, Class I-2

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

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

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

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

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

LVIP JPMorgan Core Bond Fund, Standard Class

LVIP JPMorgan Small Cap Core Fund, Standard Class

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

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<sup>(a)</sup>

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

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;&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;&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>

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

<u>Subaccount Changes: Liquidations</u>

During 2025 and 2024, the following Subaccounts were liquidated:

---

| | |
|:---|:---|
| &nbsp;&nbsp;Subaccount Name | &nbsp;&nbsp;Date of Liquidation |
| &nbsp;&nbsp;AB VPS Sustainable International Thematic Portfolio, Class A | &nbsp;&nbsp;April 12, 2024 |
| &nbsp;&nbsp;Goldman Sachs VIT Multi-Strategy Alternatives Portfolio, Service Shares | &nbsp;&nbsp;April 11, 2025 |
| &nbsp;&nbsp;Morgan Stanley VIF U.S. Real Estate Portfolio, Class I | &nbsp;&nbsp;December 5, 2024 |

---

<u>Subaccount Changes: Mergers</u>

During 2025 and 2024, the following Subaccounts were merged:

---

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

---

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

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

---

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

---

<u>Subaccount Changes: Subaccount Reorganization</u>

During 2024, the following Subaccounts were reorganized:

---

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

Net assets allocated to Contracts in the annuity 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 Subaccounts 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 <br>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 | $508191 | $586324 |
| AB VPS International Value Portfolio, Class A | 34811 | 173392 |
| AB VPS Large Cap Growth Portfolio, Class A | 2878407 | 5126765 |
| AB VPS Relative Value Portfolio, Class A | 1386012 | 2474825 |
| Alger Balanced Portfolio, Class I-2 | 148220 | 80000 |
| Alger Capital Appreciation Portfolio, Class I-2 | 5630843 | 4539138 |
| Alger Large Cap Growth Portfolio, Class I-2 | 8168030 | 7257526 |
| Alger Mid Cap Growth Portfolio, Class I-2 | 8307 | 1274632 |
| Allspring VT Discovery All Cap Growth Fund, Class 2 | 494053 | 1186328 |
| Allspring VT Discovery SMID Cap Growth Fund, Class 2 | 194652 | 1277426 |
| Allspring VT Opportunity Fund, Class 2 | 741946 | 555411 |
| ALPS Global Opportunity Portfolio, Class I | 197147 | 309252 |
| American Funds IS Capital World Bond Fund, Class 2 | 215396 | 212180 |
| American Funds IS Global Growth Fund, Class 1 | 331063 | 176553 |
| American Funds IS Global Small Capitalization Fund, Class 2 | 16891 | 70376 |
| American Funds IS Growth-Income Fund, Class 4 | 1664384 | 1631483 |
| American Funds IS International Fund, Class 2 | 107854 | 110059 |
| American Funds IS New World Fund, Class 2 | 217335 | 438479 |
| American Funds IS The Bond Fund of America, Class 2 | 719987 | 264384 |
| BlackRock 60/40 Target Allocation ETF V.I. Fund, Class III | 286209 | 150412 |
| BlackRock Global Allocation V.I. Fund, Class I | 1058713 | 677319 |
| BNY Mellon IP MidCap Stock Portfolio, Initial Shares | 330312 | 137294 |
| BNY Mellon VIF Appreciation Portfolio, Initial Shares | 2012249 | 2128201 |
| BNY Mellon VIF Growth and Income Portfolio, Initial Shares | 546944 | 456418 |
| BNY Mellon VIF Small Cap Portfolio, Initial Shares | 1778 | 5036 |
| ClearBridge Variable Large Cap Growth Portfolio, Class I | 122138 | 374515 |
| ClearBridge Variable Mid Cap Portfolio, Class I | 41526 | 109426 |
| ClearBridge Variable Small Cap Growth Portfolio, Class I | 138378 | 195501 |
| Columbia VP Emerging Markets Fund, Class 2 | 1198 | 18789 |
| Columbia VP Large Cap Growth Fund, Class 2 | 972179 | 1694124 |
| Columbia VP Seligman Global Technology Fund, Class 2 | 3957550 | 6853933 |
| Columbia VP Small Cap Value Fund, Class 2 | 517001 | 677046 |
| Dimensional VA US Targeted Value Portfolio, Institutional | 361180 | 169013 |
| DWS Capital Growth VIP, Class A | 6414985 | 6717684 |
| DWS Core Equity VIP, Class A | 1790570 | 2177197 |
| DWS CROCI U.S. VIP, Class A | 521475 | 459930 |
| DWS Global Small Cap VIP, Class A | 219843 | 110074 |
| DWS Small Cap Index VIP, Class A | 3705750 | 5001690 |
| DWS Small Mid Cap Growth VIP, Class A | 178069 | 310731 |
| DWS Small Mid Cap Value VIP, Class A | 479591 | 730041 |
| Empower Aggressive Profile Fund, Investor Class | 188061 | 201933 |
| Empower Bond Index Fund, Investor Class | 1205911 | 629924 |
| Empower Conservative Profile Fund, Investor Class | 270228 | 502296 |
| Empower International Index Fund, Investor Class | 1120682 | 534047 |
| Empower International Value Fund, Investor Class | 220089 | 97284 |

---

---

| | | |
|:---|:---|:---|
| Subaccount | Purchases | Sales |
| Empower Lifetime 2015 Fund, Investor Class | $1690 | $4969 |
| Empower Lifetime 2020 Fund, Investor Class | 18043 | 309504 |
| Empower Lifetime 2025 Fund, Investor Class | 25720 | 4400 |
| Empower Lifetime 2030 Fund, Investor Class | 56093 | 65376 |
| Empower Lifetime 2035 Fund, Investor Class | 22757 | 1404 |
| Empower Lifetime 2040 Fund, Investor Class | 9700 | 201 |
| Empower Lifetime 2045 Fund, Investor Class | 6565 | 859 |
| Empower Lifetime 2050 Fund, Investor Class | 4187 | 387 |
| Empower Lifetime 2055 Fund, Investor Class | 4227 | 803 |
| Empower Lifetime 2060 Fund, Investor Class | 6621 | 572 |
| Empower Mid Cap Value Fund, Investor Class | 82712 | 80885 |
| Empower Moderate Profile Fund, Investor Class | 992714 | 1575018 |
| Empower Moderately Aggressive Profile Fund, Investor Class | 246362 | 350509 |
| Empower Moderately Conservative Profile Fund, Investor Class | 231346 | 301376 |
| Empower Multi-Sector Bond Fund, Investor Class | 1130354 | 661692 |
| Empower Real Estate Index Fund, Investor Class | 6494 | 28040 |
| Empower SecureFoundation Balanced Fund, Investor Class | 5775805 | 19226266 |
| Empower Small Cap Value Fund, Investor Class | 15180 | 63948 |
| Empower T. Rowe Price Mid Cap Growth Fund, Investor Class | 409604 | 150104 |
| Federated Hermes Fund for U.S. Government Securities II | 4545141 | 4555352 |
| Federated Hermes Managed Volatility Fund II, Primary Shares | 88311 | 336052 |
| Franklin Small Cap Value VIP Fund, Class 2 | 810432 | 769899 |
| Goldman Sachs VIT Multi-Strategy Alternatives Portfolio, Service Shares | 0 \* | 59278 |
| Invesco V.I. Comstock Fund, Series I | 1377498 | 1501197 |
| Invesco V.I. Core Equity Fund, Series I | 348616 | 429712 |
| Invesco V.I. EQV International Equity Fund, Series I | 1347351 | 1703845 |
| Invesco V.I. Global Fund, Series I | 6863719 | 4622017 |
| Invesco V.I. Growth and Income Fund, Series I | 1256922 | 1512570 |
| Invesco V.I. High Yield Fund, Series I | 400195 | 519028 |
| Invesco V.I. International Growth Fund, Series I | 1435208 | 2079457 |
| Invesco V.I. Main Street Mid Cap Fund, Series I | 197348 | 292284 |
| Invesco V.I. Main Street Small Cap Fund, Series I | 2237510 | 3346510 |
| Invesco V.I. Small Cap Equity Fund, Series I | 457746 | 397610 |
| Invesco V.I. Technology Fund, Series I | 1925808 | 1159430 |
| Janus Henderson VIT Balanced Portfolio, Institutional Shares | 879566 | 658952 |
| Janus Henderson VIT Balanced Portfolio, Service Shares | 7783367 | 18858135 |
| Janus Henderson VIT Flexible Bond Portfolio, Institutional Shares | 1071851 | 1328739 |
| Janus Henderson VIT Flexible Bond Portfolio, Service Shares | 4177843 | 3379318 |
| Janus Henderson VIT Global Research Portfolio, Institutional Shares | 2853647 | 3282407 |
| Janus Henderson VIT Global Technology and Innovation Portfolio, Institutional Shares | 592818 | 590851 |
| Janus Henderson VIT Global Technology and Innovation Portfolio, Service Shares | 5021604 | 8836211 |
| Janus Henderson VIT Overseas Portfolio, Institutional Shares | 45304 | 194924 |
| Janus Henderson VIT Overseas Portfolio, Service Shares | 369040 | 265714 |
| Janus Henderson VIT Research Portfolio, Institutional Shares | 848514 | 2472743 |
| Lazard Retirement Emerging Markets Equity Portfolio, Service Shares | 3417438 | 4130584 |
| Lord Abbett Series Fund Short Duration Income Portfolio, Class VC | 323476 | 246025 |
| LVIP American Century Balanced Fund, Standard Class II | 1171935 | 2613033 |
| LVIP American Century Disciplined Core Value Fund, Standard Class II | 598996 | 1384943 |

---

---

| | | |
|:---|:---|:---|
| Subaccount | Purchases | Sales |
| LVIP American Century International Fund, Standard Class II | $1804030 | $2831735 |
| LVIP American Century Mid Cap Value Fund, Service Class | 1829406 | 2735301 |
| LVIP American Century Value Fund, Standard Class II | 2487883 | 3616443 |
| LVIP Baron Growth Opportunities Fund, Service Class | 2540035 | 2995832 |
| LVIP BlackRock Equity Dividend Fund, Standard Class | 148922 | 199038 |
| LVIP JPMorgan Core Bond Fund, Standard Class | 1812615 | 1658089 |
| LVIP JPMorgan Small Cap Core Fund, Standard Class | 1513478 | 1670209 |
| LVIP Nomura SMID Cap Core Fund, Standard Class | 830262 | 1070802 |
| MFS VIT II Core Equity Portfolio, Service Class | 18534 | 1354 |
| MFS VIT II International Growth Portfolio, Initial Class | 332213 | 196917 |
| MFS VIT II International Intrinsic Value Portfolio, Service Class | 6071867 | 7721883 |
| MFS VIT III Blended Research Small Cap Equity Portfolio, Initial Class | 33690 | 33345 |
| MFS VIT III Mid Cap Value Portfolio, Initial Class | 75407 | 146690 |
| MFS VIT Utilities Series, Service Class | 701975 | 818080 |
| Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio, Class S | 46954 | 135843 |
| Neuberger Berman AMT Quality Equity Portfolio, Class S | 56187 | 28822 |
| Nomura VIP Emerging Markets Series, Standard Class | 474085 | 1353703 |
| Nomura VIP International Core Equity Series, Service Class | 78423 | 145161 |
| Nomura VIP International Core Equity Series, Standard Class | 20447 | 68353 |
| Nomura VIP Small Cap Value Series, Standard Class | 2042970 | 3448333 |
| NVIT Mid Cap Index Fund, Class II | 3564973 | 5950255 |
| PIMCO VIT CommodityRealReturn Strategy Portfolio, Administrative Class | 328078 | 645750 |
| PIMCO VIT Emerging Markets Bond Portfolio, Administrative Class | 829130 | 685944 |
| PIMCO VIT High Yield Portfolio, Administrative Class | 8308247 | 6951722 |
| PIMCO VIT Low Duration Portfolio, Administrative Class | 11273031 | 12671571 |
| PIMCO VIT Real Return Portfolio, Administrative Class | 764434 | 924119 |
| PIMCO VIT Total Return Portfolio, Administrative Class | 14465365 | 15063487 |
| Prudential Series Fund Natural Resources Portfolio, Class II | 3 | 395470 |
| Prudential Series Fund PGIM Jennison Blend Portfolio, Class II | 462349 | 182740 |
| Putnam VT Core Equity Fund, Class IA | 525435 | 534943 |
| Putnam VT Global Asset Allocation Fund, Class IA | 174058 | 16991 |
| Putnam VT Global Health Care Fund, Class IB | 406863 | 428789 |
| Putnam VT Income Fund, Class IA | 823185 | 882239 |
| Putnam VT International Equity Fund, Class IA | 1820891 | 1100887 |
| Putnam VT International Value Fund, Class IA | 553904 | 418444 |
| Putnam VT Large Cap Value Fund, Class IB | 3453435 | 5294719 |
| Putnam VT Mortgage Securities Fund, Class IB | 755945 | 291213 |
| Putnam VT Small Cap Value Fund, Class IA | 185099 | 141105 |
| Royce Capital Fund Small-Cap Portfolio, Service Class | 266839 | 389315 |
| Schwab Government Money Market Portfolio | 98772472 | 110749398 |
| Schwab S&P 500 Index Portfolio | 33561575 | 117035991 |
| Schwab VIT Balanced Portfolio | 153367 | 796047 |
| Schwab VIT Balanced with Growth Portfolio | 888618 | 129002 |
| Schwab VIT Growth Portfolio | 987593 | 459396 |
| T. Rowe Price Health Sciences Portfolio | 347663 | 256860 |
| T. Rowe Price Health Sciences Portfolio, Class II | 393874 | 2035409 |
| Templeton Foreign VIP Fund, Class 2 | 1132849 | 916557 |
| Templeton Global Bond VIP Fund, Class 2 | 885706 | 1715230 |
| Third Avenue Value Portfolio | 116143 | 328781 |

---

---

| | | |
|:---|:---|:---|
| Subaccount | Purchases | Sales |
| Touchstone Bond Fund, Class I | $2217922 | $1062578 |
| Touchstone Common Stock Fund, Class I | 1801653 | 1256022 |
| Touchstone Common Stock Fund, Class SC | 897020 | 182098 |
| Touchstone Small Company Fund, Class I | 1002308 | 1276679 |
| VanEck VIP Emerging Markets Bond Fund, Initial Class | 216346 | 461077 |
| VanEck VIP Global Resources Fund, Class S | 1372916 | 1490841 |
| Vanguard VIF Capital Growth Portfolio | 942720 | 1242258 |
| Vanguard VIF Diversified Value Portfolio | 965829 | 1395920 |
| Vanguard VIF Mid-Cap Index Portfolio | 1497582 | 1292598 |
| Vanguard VIF Real Estate Index Portfolio | 387826 | 1556845 |
| Vanguard VIF Small Company Growth Portfolio | 186867 | 121145 |
| Victory Pioneer Bond VCT Portfolio, Class I | 1229054 | 2983302 |
| Victory Pioneer Fund VCT Portfolio, Class I | 2107906 | 3099567 |
| Victory Pioneer Mid Cap Value VCT Portfolio, Class II | 242647 | 486079 |
| Victory Pioneer Select Mid Cap Growth VCT Portfolio, Class I | 3567694 | 3698554 |
| \* 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<br> Redeemed | Net Increase<br> (Decrease) | Units <br> Issued | Units<br> Redeemed | Net Increase<br> (Decrease) |
| AB VPS Discovery Value Portfolio, Class A | 4168 | 20144 | (15976) | 8269 | 26058 | (17789) |
| AB VPS International Value Portfolio, Class A |  | 12718 | (12718) |  | 18463 | (18463) |
| AB VPS Large Cap Growth Portfolio, Class A | 17518 | 82330 | (64812) | 30038 | 91153 | (61115) |
| AB VPS Relative Value Portfolio, Class A | 8210 | 59894 | (51684) | 9963 | 108399 | (98436) |
| AB VPS Sustainable International Thematic Portfolio, Class A |  |  |  | 1132 | 332310 | (331178) |
| Alger Balanced Portfolio, Class I-2 |  | 2045 | (2045) |  | 970 | (970) |
| Alger Capital Appreciation Portfolio, Class I-2 | 103163 | 108755 | (5592) | 119667 | 132247 | (12580) |
| Alger Large Cap Growth Portfolio, Class I-2 | 39083 | 90888 | (51805) | 23255 | 82285 | (59030) |
| Alger Mid Cap Growth Portfolio, Class I-2 | 149 | 21175 | (21026) | 2779 | 13349 | (10570) |
| Allspring VT Discovery All Cap Growth Fund, Class 2 | 1097 | 35635 | (34538) | 4661 | 9545 | (4884) |
| Allspring VT Discovery SMID Cap Growth Fund, Class 2 | 5604 | 39941 | (34337) | 94106 | 109140 | (15034) |
| Allspring VT Opportunity Fund, Class 2 | 2144 | 10704 | (8560) | 168 | 11054 | (10886) |
| ALPS Global Opportunity Portfolio, Class I | 7696 | 14057 | (6361) | 3687 | 8478 | (4791) |
| American Funds IS Capital World Bond Fund, Class 2 | 22087 | 22888 | (801) | 11139 | 7623 | 3516 |
| American Funds IS Global Growth Fund, Class 1 | 721 | 5551 | (4830) | 2599 | 5213 | (2614) |
| American Funds IS Global Small Capitalization Fund, Class 2 | 894 | 5169 | (4275) | 7893 | 13706 | (5813) |
| American Funds IS Growth-Income Fund, Class 4 | 20180 | 73400 | (53220) | 111808 | 186368 | (74560) |
| American Funds IS International Fund, Class 2 | 5831 | 7527 | (1696) | 9593 | 17283 | (7690) |
| American Funds IS New World Fund, Class 2 | 4259 | 22569 | (18310) | 9123 | 16322 | (7199) |
| American Funds IS The Bond Fund of America, Class 2 | 61171 | 25743 | 35428 | 67711 | 130261 | (62550) |
| BlackRock 60/40 Target Allocation ETF V.I. Fund, Class III | 16169 | 10251 | 5918 | 6726 | 11336 | (4610) |
| BlackRock Global Allocation V.I. Fund, Class I | 10465 | 36393 | (25928) | 7996 | 105768 | (97772) |
| BNY Mellon IP MidCap Stock Portfolio, Initial Shares | 558 | 3060 | (2502) | 2828 | 6218 | (3390) |
| BNY Mellon VIF Appreciation Portfolio, Initial Shares | 10314 | 36480 | (26166) | 7403 | 34686 | (27283) |
| BNY Mellon VIF Growth and Income Portfolio, Initial Shares | 104 | 8312 | (8208) | 1589 | 17858 | (16269) |
| BNY Mellon VIF Small Cap Portfolio, Initial Shares |  | 87 | (87) | 0 \* | 635 | (635) |
| ClearBridge Variable Large Cap Growth Portfolio, Class I | 1064 | 14606 | (13542) | 129926 | 149662 | (19736) |
| ClearBridge Variable Mid Cap Portfolio, Class I | 1333 | 5736 | (4403) | 12904 | 12459 | 445 |
| ClearBridge Variable Small Cap Growth Portfolio, Class I | 726 | 8493 | (7767) | 10386 | 23010 | (12624) |
| Columbia VP Emerging Markets Fund, Class 2 | 77 | 1307 | (1230) | 9000 | 38226 | (29226) |
| Columbia VP Large Cap Growth Fund, Class 2 | 25991 | 42471 | (16480) | 96727 | 104730 | (8003) |
| Columbia VP Seligman Global Technology Fund, Class 2 | 19188 | 81237 | (62049) | 43483 | 67540 | (24057) |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | 2025 | 2025 | 2025 | 2024 | 2024 | 2024 |
| Subaccount | Units <br> Issued | Units<br> Redeemed | Net Increase<br> (Decrease) | Units <br> Issued | Units<br> Redeemed | Net Increase<br> (Decrease) |
| Columbia VP Small Cap Value Fund, Class 2 | 5179 | 15126 | (9947) | 14057 | 30576 | (16519) |
| Delaware VIP International Series, Standard Class |  |  |  | 4583 | 30528 | (25945) |
| Dimensional VA US Targeted Value Portfolio, Institutional | 4252 | 6759 | (2507) | 81772 | 89515 | (7743) |
| DWS Capital Growth VIP, Class A | 35424 | 99008 | (63584) | 29018 | 73998 | (44980) |
| DWS Core Equity VIP, Class A | 3242 | 44552 | (41310) | 15150 | 67603 | (52453) |
| DWS CROCI U.S. VIP, Class A | 976 | 15300 | (14324) | 123 | 16029 | (15906) |
| DWS Global Small Cap VIP, Class A | 9809 | 7148 | 2661 | 7579 | 12224 | (4645) |
| DWS Small Cap Index VIP, Class A | 58708 | 168099 | (109391) | 117831 | 152614 | (34783) |
| DWS Small Mid Cap Growth VIP, Class A | 3040 | 12679 | (9639) | 6568 | 11930 | (5362) |
| DWS Small Mid Cap Value VIP, Class A | 5877 | 30086 | (24209) | 1223 | 14085 | (12862) |
| Empower Aggressive Profile Fund, Investor Class | 11196 | 11549 | (353) |  | 346 | (346) |
| Empower Ariel Mid Cap Value Fund, Investor Class |  |  |  | 105 | 3181 | (3076) |
| Empower Bond Index Fund, Investor Class | 91592 | 55592 | 36000 | 136972 | 123086 | 13886 |
| Empower Conservative Profile Fund, Investor Class | 12773 | 38390 | (25617) | 5097 | 39018 | (33921) |
| Empower International Index Fund, Investor Class | 68694 | 36294 | 32400 | 41603 | 22772 | 18831 |
| Empower International Value Fund, Investor Class | 10224 | 5102 | 5122 | 21260 | 18030 | 3230 |
| Empower Lifetime 2015 Fund, Investor Class |  | 345 | (345) | 0 \* | 14148 | (14148) |
| Empower Lifetime 2020 Fund, Investor Class |  | 22065 | (22065) |  | 62 | (62) |
| Empower Lifetime 2025 Fund, Investor Class |  | 52 | (52) |  | 3987 | (3987) |
| Empower Lifetime 2030 Fund, Investor Class | 1637 | 4214 | (2577) | 5901 | 120 | 5781 |
| Empower Lifetime 2035 Fund, Investor Class | 793 |  | 793 |  |  |  |
| Empower Lifetime 2040 Fund, Investor Class | 476 |  | 476 |  |  |  |
| 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 | 1214 | 3606 | (2392) | 7793 | 8349 | (556) |
| Empower Moderate Profile Fund, Investor Class | 17599 | 100066 | (82467) | 55477 | 56001 | (524) |
| Empower Moderately Aggressive Profile Fund, Investor Class | 769 | 21238 | (20469) | 830 | 28148 | (27318) |
| Empower Moderately Conservative Profile Fund, Investor Class |  | 19905 | (19905) | 5766 | 40458 | (34692) |
| Empower Multi-Sector Bond Fund, Investor Class | 67207 | 46975 | 20232 | 79154 | 47298 | 31856 |
| Empower Real Estate Index Fund, Investor Class | 2 | 2227 | (2225) | 262 | 1 | 261 |
| Empower SecureFoundation Balanced Fund, Investor Class | 5263 | 1004030 | (998767) | 39436 | 1382385 | (1342949) |
| Empower Small Cap Value Fund, Investor Class | 649 | 3428 | (2779) | 3356 | 4518 | (1162) |
| Empower T. Rowe Price Mid Cap Growth Fund, Investor Class | 19643 | 7580 | 12063 | 4323 | 22685 | (18362) |
| Federated Hermes Fund for U.S. Government Securities II | 306034 | 341958 | (35924) | 78403 | 253215 | (174812) |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | 2025 | 2025 | 2025 | 2024 | 2024 | 2024 |
| Subaccount | Units <br> Issued | Units<br> Redeemed | Net Increase<br> (Decrease) | Units <br> Issued | Units<br> Redeemed | Net Increase<br> (Decrease) |
| Federated Hermes Managed Volatility Fund II, Primary Shares |  | 9481 | (9481) |  | 2747 | (2747) |
| Franklin Small Cap Value VIP Fund, Class 2 | 16775 | 29481 | (12706) | 41928 | 55311 | (13383) |
| Goldman Sachs VIT Multi-Strategy Alternatives Portfolio, Service Shares | 0 \* | 4928 | (4928) |  |  |  |
| Invesco V.I. Comstock Fund, Series I | 14192 | 35772 | (21580) | 27563 | 53316 | (25753) |
| Invesco V.I. Core Equity Fund, Series I |  | 5319 | (5319) |  | 1542 | (1542) |
| Invesco V.I. EQV International Equity Fund, Series I | 24776 | 80825 | (56049) | 33936 | 114827 | (80891) |
| Invesco V.I. Global Fund, Series I | 19042 | 93319 | (74277) | 16036 | 82563 | (66527) |
| Invesco V.I. Growth and Income Fund, Series I | 9690 | 34857 | (25167) | 12387 | 29872 | (17485) |
| Invesco V.I. High Yield Fund, Series I | 8383 | 25457 | (17074) | 12353 | 52141 | (39788) |
| Invesco V.I. International Growth Fund, Series I | 17148 | 76409 | (59261) | 10779 | 68771 | (57992) |
| Invesco V.I. Main Street Mid Cap Fund, Series I | 565 | 6934 | (6369) | 10411 | 3888 | 6523 |
| Invesco V.I. Main Street Small Cap Fund, Series I | 80389 | 136974 | (56585) | 112724 | 65542 | 47182 |
| Invesco V.I. Small Cap Equity Fund, Series I | 6952 | 10525 | (3573) | 6877 | 8894 | (2017) |
| Invesco V.I. Technology Fund, Series I | 21466 | 33311 | (11845) | 14383 | 18771 | (4388) |
| Janus Henderson VIT Balanced Portfolio, Institutional Shares | 1690 | 17610 | (15920) | 7053 | 109618 | (102565) |
| Janus Henderson VIT Balanced Portfolio, Service Shares | 40736 | 686021 | (645285) | 179870 | 609349 | (429479) |
| Janus Henderson VIT Flexible Bond Portfolio, Institutional Shares | 32827 | 68870 | (36043) | 66050 | 130266 | (64216) |
| Janus Henderson VIT Flexible Bond Portfolio, Service Shares | 174721 | 202138 | (27417) | 148569 | 381418 | (232849) |
| Janus Henderson VIT Global Research Portfolio, Institutional Shares | 29076 | 78051 | (48975) | 45592 | 24159 | 21433 |
| Janus Henderson VIT Global Technology and Innovation Portfolio, Institutional Shares | 6266 | 8336 | (2070) | 2114 | 4711 | (2597) |
| Janus Henderson VIT Global Technology and Innovation Portfolio, Service Shares | 52971 | 136932 | (83961) | 110975 | 148442 | (37467) |
| Janus Henderson VIT Overseas Portfolio, Institutional Shares | 0 \* | 4038 | (4038) |  | 6676 | (6676) |
| Janus Henderson VIT Overseas Portfolio, Service Shares | 22208 | 15953 | 6255 | 13882 | 17594 | (3712) |
| Janus Henderson VIT Research Portfolio, Institutional Shares | 38 | 24747 | (24709) | 0 \* | 9368 | (9368) |
| Lazard Retirement Emerging Markets Equity Portfolio, Service Shares | 195045 | 241257 | (46212) | 96538 | 130684 | (34146) |
| Lord Abbett Series Fund Short Duration Income Portfolio, Class VC | 20513 | 20743 | (230) | 43994 | 159366 | (115372) |
| LVIP American Century Balanced Fund, Standard Class II | 21078 | 102456 | (81378) | 3950 | 197500 | (193550) |
| LVIP American Century Disciplined Core Value Fund, Standard Class II | 17202 | 40333 | (23131) | 8708 | 24481 | (15773) |
| LVIP American Century International Fund, Standard Class II | 106346 | 142229 | (35883) | 71502 | 73303 | (1801) |
| LVIP American Century Mid Cap Value Fund, Service Class | 17844 | 55355 | (37511) | 13809 | 43795 | (29986) |
| LVIP American Century Value Fund, Standard Class II | 15476 | 86295 | (70819) | 28911 | 148513 | (119602) |
| LVIP Baron Growth Opportunities Fund, Service Class | 13126 | 45986 | (32860) | 9821 | 34809 | (24988) |
| LVIP BlackRock Equity Dividend Fund, Standard Class | 1298 | 10938 | (9640) | 4365 | 7035 | (2670) |
| LVIP JPMorgan Core Bond Fund, Standard Class | 181015 | 169437 | 11578 | 127145 | 103301 | 23844 |
| LVIP JPMorgan Small Cap Core Fund, Standard Class | 66363 | 80641 | (14278) | 17343 | 30409 | (13066) |
| LVIP Nomura SMID Cap Core Fund, Standard Class | 11209 | 22059 | (10850) | 13720 | 26833 | (13113) |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | 2025 | 2025 | 2025 | 2024 | 2024 | 2024 |
| Subaccount | Units <br> Issued | Units<br> Redeemed | Net Increase<br> (Decrease) | Units <br> Issued | Units<br> Redeemed | Net Increase<br> (Decrease) |
| MFS VIT II Core Equity Portfolio, Service Class | 135 | 27 | 108 | 3048 | 79 | 2969 |
| MFS VIT II International Growth Portfolio, Initial Class | 12292 | 11134 | 1158 | 13031 | 21465 | (8434) |
| MFS VIT II International Intrinsic Value Portfolio, Service Class | 117984 | 237198 | (119214) | 87303 | 231292 | (143989) |
| MFS VIT III Blended Research Small Cap Equity Portfolio, Initial Class | 643 | 2395 | (1752) | 5441 | 7786 | (2345) |
| MFS VIT III Mid Cap Value Portfolio, Initial Class | 906 | 7207 | (6301) | 8915 | 27430 | (18515) |
| MFS VIT Utilities Series, Service Class | 18874 | 31808 | (12934) | 18262 | 72459 | (54197) |
| Morgan Stanley VIF U.S. Real Estate Portfolio, Class I |  |  |  | 1042 | 52104 | (51062) |
| Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio, Class S | 0 \* | 5775 | (5775) |  | 1837 | (1837) |
| Neuberger Berman AMT Quality Equity Portfolio, Class S |  | 871 | (871) |  |  |  |
| Nomura VIP Emerging Markets Series, Standard Class | 22383 | 79470 | (57087) | 39825 | 78686 | (38861) |
| Nomura VIP International Core Equity Series, Service Class |  | 9908 | (9908) |  | 15863 | (15863) |
| Nomura VIP International Core Equity Series, Standard Class | 688 | 5891 | (5203) | 25755 | 4369 | 21386 |
| Nomura VIP Small Cap Value Series, Standard Class | 12261 | 51978 | (39717) | 17356 | 55011 | (37655) |
| NVIT Mid Cap Index Fund, Class II | 41983 | 113126 | (71143) | 61345 | 77661 | (16316) |
| PIMCO VIT CommodityRealReturn Strategy Portfolio, Administrative Class | 28612 | 72082 | (43470) | 51846 | 69959 | (18113) |
| PIMCO VIT Emerging Markets Bond Portfolio, Administrative Class | 63678 | 55251 | 8427 | 54305 | 62095 | (7790) |
| PIMCO VIT High Yield Portfolio, Administrative Class | 425027 | 340638 | 84389 | 129643 | 195655 | (66012) |
| PIMCO VIT Low Duration Portfolio, Administrative Class | 774264 | 960430 | (186166) | 471108 | 657814 | (186706) |
| PIMCO VIT Real Return Portfolio, Administrative Class | 54991 | 74776 | (19785) | 68653 | 64260 | 4393 |
| PIMCO VIT Total Return Portfolio, Administrative Class | 705108 | 971412 | (266304) | 966714 | 1039014 | (72300) |
| Prudential Series Fund Natural Resources Portfolio, Class II | 0 \* | 28177 | (28177) |  | 936 | (936) |
| Prudential Series Fund PGIM Jennison Blend Portfolio, Class II | 8834 | 2460 | 6374 | 119 | 797 | (678) |
| Putnam VT Core Equity Fund, Class IA | 4106 | 14329 | (10223) | 80779 | 62002 | 18777 |
| Putnam VT Global Asset Allocation Fund, Class IA | 2587 | 490 | 2097 | 1637 | 3899 | (2262) |
| Putnam VT Global Health Care Fund, Class IB | 6808 | 14201 | (7393) | 7833 | 51338 | (43505) |
| Putnam VT Income Fund, Class IA | 50354 | 77525 | (27171) | 91450 | 65061 | 26389 |
| Putnam VT International Equity Fund, Class IA | 90847 | 59959 | 30888 | 13614 | 14908 | (1294) |
| Putnam VT International Value Fund, Class IA | 28677 | 22312 | 6365 | 30080 | 38777 | (8697) |
| Putnam VT Large Cap Value Fund, Class IB | 42457 | 144467 | (102010) | 150124 | 113013 | 37111 |
| Putnam VT Mortgage Securities Fund, Class IB | 42934 | 23664 | 19270 | 393369 | 374436 | 18933 |
| Putnam VT Small Cap Value Fund, Class IA | 6476 | 6511 | (35) | 41901 | 37962 | 3939 |
| Royce Capital Fund Small-Cap Portfolio, Service Class | 567 | 10510 | (9943) | 3735 | 12225 | (8490) |
| Schwab Government Money Market Portfolio | 7845536 | 9320767 | (1475231) | 7266576 | 7791351 | (524775) |
| Schwab S&P 500 Index Portfolio | 619168 | 2292773 | (1673605) | 556169 | 1832761 | (1276592) |
| Schwab VIT Balanced Portfolio | 621 | 52330 | (51709) | 21343 | 28354 | (7011) |
| Schwab VIT Balanced with Growth Portfolio | 34163 | 5486 | 28677 | 3102 | 2286 | 816 |

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---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | 2025 | 2025 | 2025 | 2024 | 2024 | 2024 |
| Subaccount | Units <br> Issued | Units<br> Redeemed | Net Increase<br> (Decrease) | Units <br> Issued | Units<br> Redeemed | Net Increase<br> (Decrease) |
| Schwab VIT Growth Portfolio | 45502 | 23937 | 21565 | 21796 | 1654 | 20142 |
| T. Rowe Price Health Sciences Portfolio | 11052 | 9588 | 1464 | 646 | 7248 | (6602) |
| T. Rowe Price Health Sciences Portfolio, Class II | 11382 | 77185 | (65803) | 40792 | 38578 | 2214 |
| Templeton Foreign VIP Fund, Class 2 | 34002 | 56486 | (22484) | 20833 | 31805 | (10972) |
| Templeton Global Bond VIP Fund, Class 2 | 106629 | 204784 | (98155) | 48961 | 94463 | (45502) |
| Third Avenue Value Portfolio |  | 17308 | (17308) | 261 | 7270 | (7009) |
| Touchstone Bond Fund, Class I | 138292 | 71100 | 67192 | 16206 | 118679 | (102473) |
| Touchstone Common Stock Fund, Class I | 270 | 16143 | (15873) | 1454 | 20730 | (19276) |
| Touchstone Common Stock Fund, Class SC | 11 | 2300 | (2289) | 1156 | 9752 | (8596) |
| Touchstone Small Company Fund, Class I | 4549 | 27623 | (23074) | 9715 | 26715 | (17000) |
| VanEck VIP Emerging Markets Bond Fund, Initial Class | 4822 | 30114 | (25292) | 9105 | 26868 | (17763) |
| VanEck VIP Global Resources Fund, Class S | 131029 | 166050 | (35021) | 106420 | 251406 | (144986) |
| Vanguard VIF Capital Growth Portfolio | 18190 | 31656 | (13466) | 10131 | 28343 | (18212) |
| Vanguard VIF Diversified Value Portfolio | 13559 | 51099 | (37540) | 8706 | 33373 | (24667) |
| Vanguard VIF Mid-Cap Index Portfolio | 29468 | 46589 | (17121) | 13543 | 38752 | (25209) |
| Vanguard VIF Real Estate Index Portfolio | 11451 | 86582 | (75131) | 59823 | 29893 | 29930 |
| Vanguard VIF Small Company Growth Portfolio | 4 | 4479 | (4475) |  | 12902 | (12902) |
| Victory Pioneer Bond VCT Portfolio, Class I | 99630 | 260099 | (160469) | 221463 | 64383 | 157080 |
| Victory Pioneer Fund VCT Portfolio, Class I | 20333 | 51936 | (31603) | 75510 | 55303 | 20207 |
| Victory Pioneer Mid Cap Value VCT Portfolio, Class II | 2510 | 16556 | (14046) | 4451 | 2627 | 1824 |
| Victory Pioneer Select Mid Cap Growth VCT Portfolio, Class I | 82533 | 96261 | (13728) | 87993 | 77058 | 10935 |
| \* The Subaccount has units that round to less than one. | \* The Subaccount has units that round to less than one. | \* The Subaccount has units that round to less than one. |  |  |  |  |
| Note: Units may not appear to foot/crossfoot due to rounding. | Note: Units may not appear to foot/crossfoot due to rounding. | Note: Units may not appear to foot/crossfoot due to rounding. |  |  |  |  |

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| | |
|:---|:---|
| 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. |

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| | |
|:---|:---|
| &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 the Subaccounts |
| &nbsp;&nbsp;**Expenses of the Portfolios** |  |
| &nbsp;&nbsp;This fee, if applicable, is assessed to provide compensation for administrative services performed in connection with the subaccounts. 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% - 0.35% annually |
| &nbsp;&nbsp;**Deductions for Premium Taxes**<br> This deduction is to comply with any applicable state premium and/or retaliatory taxes. The mandated amount is deducted from the contribution when it is received which in turn reduces Contract owners' net payments on the Statements of Changes in Net Assets. | &nbsp;&nbsp;0% - 3.5% of each contribution, if applicable |
| &nbsp;&nbsp;**Transfer Charge** |  |
| &nbsp;&nbsp;This charge is assessed to reimburse the Company for costs incurred when transferring funds. 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;$0 - $10 per transfer, after the first 12 transfers in any calendar year |
| &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 |

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---

| | |
|:---|:---|
| &nbsp;&nbsp;**Expense Type** | &nbsp;&nbsp;**Range** |
| &nbsp;&nbsp;**Charge for Optional Benefits: GLWB Rider** |  |
| &nbsp;&nbsp;This Charge, if applicable, is assessed to reimburse the Company for costs and risks stemming from optional living benefits elected by the Contract owner. 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 |

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| | |
|:---|:---|
| 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: |

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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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| 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 | 97 | $21.28 | $37.26 | $3292 | 0.84% | 0.49% | 0.85% | 2.38% | 2.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 113 | 20.79 | 36.52 | 3684 | 0.84% | 0.49% | 0.85% | 9.48% | 9.08% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 130 | 18.99 | 33.48 | 3946 | 1.04% | 0.49% | 0.85% | 16.61% | 16.19% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 152 | 16.28 | 28.82 | 3919 | 1.03% | 0.49% | 0.85% | (13.71)% | (18.91)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 192 | 18.87 | 35.54 | 6043 | 0.74% | 0.49% | 0.85% | 39.07% | 31.64% |
| 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 | 103 | 14.51 | 13.95 | 1489 | 2.53% | 0.65% | 0.85% | 40.78% | 40.50% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 116 | 10.30 | 9.93 | 1188 | 2.61% | 0.65% | 0.85% | 4.38% | 4.17% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 134 | 9.87 | 9.53 | 1318 | 0.75% | 0.65% | 0.85% | 14.40% | 14.18% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 169 | 8.63 | 8.35 | 1444 | 4.57% | 0.65% | 0.85% | (11.44)% | (16.98)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 184 | 9.74 | 10.05 | 1839 | 2.00% | 0.65% | 0.85% | 13.65% | 6.96% |
| 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 | 310 | 52.98 | 106.28 | 20042 | 0.00% | 0.49% | 0.85% | 12.58% | 12.18% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 375 | 47.06 | 94.74 | 21472 | 0.05% | 0.49% | 0.85% | 24.64% | 24.19% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 436 | 37.75 | 76.29 | 19835 | 0.00% | 0.49% | 0.85% | 34.47% | 33.99% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 443 | 28.08 | 56.94 | 14862 | 0.00% | 0.49% | 0.85% | (26.89)% | (29.11)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 519 | 38.40 | 80.32 | 23882 | 0.00% | 0.49% | 0.85% | 27.88% | 24.88% |

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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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| 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 | 252 | $27.97 | $55.76 | $10858 | 1.13% | 0.49% | 0.85% | 9.93% | 9.54% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 304 | 25.45 | 50.91 | 11970 | 1.45% | 0.49% | 0.85% | 12.47% | 12.06% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 403 | 22.63 | 45.43 | 13284 | 1.49% | 0.49% | 0.85% | 11.48% | 11.08% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 351 | 20.30 | 40.90 | 10970 | 1.42% | 0.49% | 0.85% | (2.02)% | (5.00)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 350 | 20.71 | 43.05 | 11514 | 0.84% | 0.49% | 0.85% | 27.07% | 24.09% |
| 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% | 0.49% | 0.85% | (1.03)% | (1.13)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 331 | 13.63 | 20.58 | 6870 | 0.00% | 0.49% | 0.85% | 12.09% | 11.68% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 355 | 12.16 | 18.43 | 6597 | 0.00% | 0.49% | 0.85% | (25.97)% | (30.57)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 374 | 16.43 | 26.55 | 9649 | 0.00% | 0.49% | 0.85% | 10.97% | 4.82% |
| Alger Balanced Portfolio, Class I-2 | Alger Balanced Portfolio, Class I-2 | Alger Balanced Portfolio, Class I-2 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 30 | 41.18 | 41.67 | 1235 | 2.79% | 0.65% | 0.85% | 15.40% | 15.17% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 32 | 35.68 | 36.18 | 1144 | 0.00% | 0.65% | 0.85% | 16.30% | 16.07% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 33 | 30.68 | 31.17 | 1009 | 1.45% | 0.65% | 0.85% | 16.67% | 16.44% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 37 | 26.30 | 26.77 | 972 | 1.17% | 0.65% | 0.85% | (10.97)% | (12.06)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 37 | 29.54 | 30.44 | 1118 | 0.82% | 0.65% | 0.85% | 18.11% | 17.13% |
| 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 | 188 | 50.62 | 48.71 | 9387 | 0.00% | 0.49% | 0.85% | 32.22% | 31.75% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 194 | 38.28 | 36.97 | 7333 | 0.00% | 0.49% | 0.85% | 47.41% | 46.87% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 206 | 25.97 | 25.17 | 5310 | 0.00% | 0.49% | 0.85% | 42.43% | 41.92% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 162 | 18.23 | 17.74 | 2928 | 0.00% | 0.49% | 0.85% | (35.30)% | (38.55)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 176 | 28.18 | 28.87 | 5016 | 0.00% | 0.49% | 0.85% | 20.99% | 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 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 465 | 48.43 | 142.73 | 47776 | 0.00% | 0.49% | 0.85% | 29.63% | 29.17% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 517 | 37.36 | 110.50 | 40593 | 0.00% | 0.49% | 0.85% | 42.19% | 41.67% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 576 | 26.27 | 78.00 | 31617 | 0.00% | 0.49% | 0.85% | 32.02% | 31.55% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 623 | 19.90 | 59.29 | 25616 | 0.00% | 0.49% | 0.85% | (37.26)% | (39.17)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 706 | 31.72 | 97.47 | 47075 | 0.00% | 0.49% | 0.85% | 10.90% | 8.28% |

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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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| 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 | 63 | $29.24 | $64.32 | $4048 | 0.00% | 0.65% | 0.85% | 16.01% | 15.78% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 84 | 26.58 | 55.55 | 4660 | 0.00% | 0.49% | 0.85% | 24.91% | 20.04% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 95 | 21.28 | 46.28 | 4330 | 0.00% | 0.49% | 0.85% | 22.57% | 22.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 106 | 17.36 | 37.89 | 3972 | 0.00% | 0.49% | 0.85% | (34.62)% | (37.38)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 117 | 26.55 | 60.51 | 6939 | 0.00% | 0.49% | 0.85% | 4.59% | 0.90% |
| 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 | 39 | 35.26 | 35.66 | 1405 | 0.00% | 0.65% | 0.85% | 14.52% | 14.29% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 74 | 30.79 | 31.20 | 2267 | 0.00% | 0.65% | 0.85% | 20.21% | 19.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 78 | 25.61 | 26.01 | 2014 | 0.00% | 0.65% | 0.85% | 32.31% | 32.05% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 98 | 19.36 | 19.70 | 1949 | 0.00% | 0.65% | 0.85% | (36.65)% | (38.68)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 113 | 30.56 | 32.12 | 3595 | 0.00% | 0.65% | 0.85% | 15.76% | 12.50% |
| 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 | 154 | 25.64 | 76.20 | 7019 | 0.00% | 0.49% | 0.85% | 4.87% | 4.50% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 188 | 24.45 | 72.92 | 7832 | 0.00% | 0.49% | 0.85% | 17.55% | 17.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 203 | 20.80 | 62.26 | 7352 | 0.00% | 0.49% | 0.85% | 19.56% | 19.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 229 | 17.40 | 52.26 | 7066 | 0.00% | 0.49% | 0.85% | (36.44)% | (38.37)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 252 | 27.37 | 84.80 | 12222 | 0.00% | 0.49% | 0.85% | (5.85)% | (8.06)% |
| Allspring VT Opportunity Fund, Class 2 | Allspring VT Opportunity Fund, Class 2 | Allspring VT Opportunity Fund, Class 2 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 92 | 28.15 | 75.38 | 5837 | 0.05% | 0.65% | 0.85% | 2.50% | 5.81% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 101 | 27.47 | 71.24 | 5980 | 0.05% | 0.65% | 0.85% | 14.30% | 14.07% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 112 | 24.03 | 62.45 | 5630 | 0.00% | 0.65% | 0.85% | 25.68% | 25.43% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 125 | 19.12 | 49.79 | 5080 | 0.00% | 0.65% | 0.85% | (20.11)% | (21.48)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 131 | 23.93 | 63.41 | 6752 | 0.04% | 0.49% | 0.85% | 23.72% | 22.10% |
| 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;2025 | 6 | 23.65 | 22.84 | 135 | 3.92% | 0.49% | 0.85% | 1.05% | 0.69% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 12 | 23.40 | 22.68 | 280 | 8.31% | 0.49% | 0.85% | 17.70% | 17.28% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 17 | 19.88 | 19.34 | 331 | 0.00% | 0.49% | 0.85% | 28.59% | 14.15% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 11 | 15.46 | 15.26 | 167 | 13.99% | 0.49% | 0.69% | (27.57)% | (29.97)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 10 | 21.35 | 21.79 | 225 | 5.82% | 0.49% | 0.85% | 25.97% | 21.37% |

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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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| American Funds IS Capital World Bond Fund, Class 2 | American Funds IS Capital World Bond Fund, Class 2 | American Funds IS Capital World Bond Fund, Class 2 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 39 | $9.54 | $9.43 | $370 | 3.10% | 0.49% | 0.69% | 8.86% | 8.64% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 40 | 8.76 | 8.70 | 347 | 2.44% | 0.49% | 0.85% | (3.51)% | (2.88)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 36 | 9.08 | 8.96 | 328 | 0.00% | 0.49% | 0.85% | 5.62% | 10.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 16 | 8.60 | 8.56 | 136 | 0.18% | 0.49% | 0.65% | (17.60)% | (18.45)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 3 | 10.43 | 10.50 | 27 | 1.69% | 0.49% | 0.85% | (5.16)% | (5.95)% |
| 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 | 73 | 33.51 | 32.74 | 2441 | 1.62% | 0.49% | 0.69% | 21.38% | 21.14% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 78 | 27.61 | 27.03 | 2145 | 1.78% | 0.49% | 0.69% | 13.38% | 13.15% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 81 | 24.35 | 23.89 | 1956 | 1.11% | 0.49% | 0.69% | 22.31% | 22.06% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 96 | 19.91 | 19.57 | 1912 | 0.93% | 0.49% | 0.69% | (23.76)% | (26.19)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 99 | 26.11 | 26.51 | 2610 | 0.62% | 0.49% | 0.69% | 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 |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 14 | 15.26 | 13.26 | 216 | 0.35% | 0.49% | 0.85% | 14.08% | 0.80% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 19 | 13.37 | 13.15 | 246 | 0.89% | 0.49% | 0.85% | 1.83% | 1.46% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 24 | 13.13 | 12.96 | 317 | 0.31% | 0.49% | 0.85% | 15.61% | 15.19% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 19 | 11.36 | 11.25 | 219 | 0.00% | 0.49% | 0.85% | (29.48)% | (30.57)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 27 | 16.11 | 16.21 | 434 | 0.00% | 0.49% | 0.85% | 6.47% | 5.58% |
| 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 | 303 | 24.72 | 24.05 | 7418 | 0.73% | 0.49% | 0.85% | 17.19% | 16.77% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 357 | 21.09 | 20.59 | 7458 | 1.02% | 0.49% | 0.85% | 23.31% | 22.87% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 431 | 17.11 | 16.76 | 7337 | 1.59% | 0.49% | 0.85% | 25.21% | 24.76% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 279 | 13.66 | 13.43 | 3786 | 1.08% | 0.49% | 0.85% | (16.01)% | (18.49)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 287 | 16.27 | 16.48 | 4701 | 0.92% | 0.49% | 0.85% | 24.38% | 21.58% |
| 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;2025 | 152 | 16.04 | 15.76 | 2421 | 1.38% | 0.49% | 0.69% | 26.15% | 25.89% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 154 | 12.72 | 12.52 | 1942 | 1.18% | 0.49% | 0.69% | 2.65% | 2.45% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 161 | 12.39 | 12.22 | 1989 | 1.18% | 0.49% | 0.69% | 15.28% | 15.05% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 226 | 10.75 | 10.62 | 2421 | 1.77% | 0.49% | 0.69% | (20.43)% | (22.06)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 224 | 13.50 | 13.63 | 3052 | 2.61% | 0.49% | 0.69% | (1.25)% | (2.89)% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| 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 | 126 | $22.84 | $22.06 | $2837 | 1.14% | 0.49% | 0.85% | 27.67% | 27.21% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 144 | 17.89 | 17.34 | 2550 | 1.37% | 0.49% | 0.85% | 6.03% | 5.65% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 151 | 16.87 | 16.41 | 2528 | 1.43% | 0.49% | 0.85% | 15.43% | 15.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 170 | 14.62 | 14.27 | 2462 | 1.34% | 0.49% | 0.85% | (20.88)% | (24.32)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 170 | 18.47 | 18.85 | 3182 | 0.79% | 0.49% | 0.85% | 6.18% | 2.30% |
| 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 | 298 | 10.16 | 9.95 | 3021 | 4.46% | 0.49% | 0.85% | 6.74% | 6.35% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 263 | 9.52 | 9.36 | 2497 | 3.66% | 0.49% | 0.85% | 0.66% | 0.29% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 325 | 9.45 | 9.33 | 3073 | 3.77% | 0.49% | 0.85% | 4.51% | 4.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 247 | 9.05 | 8.96 | 2234 | 2.97% | 0.49% | 0.85% | (12.48)% | (13.84)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 245 | 10.34 | 10.40 | 2546 | 1.55% | 0.49% | 0.85% | (0.56)% | (1.39)% |
| BlackRock 60/40 Target Allocation ETF V.I. Fund, Class III | BlackRock 60/40 Target Allocation ETF V.I. Fund, Class III | BlackRock 60/40 Target Allocation ETF V.I. Fund, Class III | BlackRock 60/40 Target Allocation ETF V.I. Fund, Class III |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 57 | 16.86 | 13.40 | 948 | 2.32% | 0.49% | 0.85% | 14.81% | (7.82)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 51 | 14.69 | 14.55 | 741 | 2.18% | 0.49% | 0.65% | 10.81% | 10.63% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 55 | 13.25 | 13.16 | 730 | 1.87% | 0.49% | 0.65% | 14.75% | 14.57% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 58 | 11.55 | 11.48 | 665 | 1.78% | 0.49% | 0.65% | (14.63)% | (15.95)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 64 | 13.53 | 13.66 | 876 | 2.02% | 0.49% | 0.85% | 11.45% | 10.09% |
| 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 | 427 | 19.43 | 18.88 | 8179 | 3.49% | 0.49% | 0.85% | 19.21% | 18.78% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 453 | 16.30 | 15.89 | 7288 | 1.30% | 0.49% | 0.85% | 8.70% | 8.30% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 550 | 15.00 | 14.67 | 8166 | 2.19% | 0.49% | 0.85% | 12.28% | 11.88% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 593 | 13.36 | 13.12 | 7853 | 0.00% | 0.49% | 0.85% | (13.95)% | (17.84)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 629 | 15.52 | 15.97 | 9966 | 0.92% | 0.49% | 0.85% | 7.41% | 3.29% |
| 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 | 92 | 23.12 | 56.13 | 3322 | 0.68% | 0.49% | 0.85% | 9.53% | 9.14% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 95 | 21.11 | 51.43 | 3118 | 0.83% | 0.49% | 0.85% | 12.06% | 11.66% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 98 | 18.83 | 46.06 | 2842 | 0.80% | 0.49% | 0.85% | 17.73% | 17.31% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 108 | 16.00 | 39.26 | 2632 | 0.73% | 0.49% | 0.85% | (12.13)% | (17.39)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 115 | 18.20 | 47.53 | 3357 | 0.62% | 0.49% | 0.85% | 28.72% | 21.89% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| 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 | 164 | $32.20 | $57.59 | $8926 | 0.37% | 0.49% | 0.85% | 9.53% | 9.14% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 191 | 29.39 | 52.77 | 9570 | 0.42% | 0.49% | 0.85% | 12.25% | 11.85% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 218 | 26.18 | 47.18 | 9799 | 0.72% | 0.49% | 0.85% | 20.38% | 19.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 239 | 21.75 | 39.33 | 8988 | 0.66% | 0.49% | 0.85% | (16.23)% | (21.58)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 268 | 25.96 | 50.16 | 12268 | 0.44% | 0.49% | 0.85% | 30.59% | 23.13% |
| 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 | 123 | 40.34 | 80.43 | 7052 | 0.45% | 0.49% | 0.85% | 16.26% | 15.84% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 131 | 34.70 | 69.43 | 6488 | 0.54% | 0.49% | 0.85% | 22.12% | 21.68% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 147 | 28.41 | 57.06 | 5901 | 0.65% | 0.49% | 0.85% | 26.07% | 25.62% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 193 | 22.54 | 45.42 | 5799 | 0.78% | 0.49% | 0.85% | (12.89)% | (15.54)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 216 | 25.87 | 53.78 | 7754 | 0.47% | 0.49% | 0.85% | 24.57% | 21.65% |
| BNY Mellon VIF Small Cap Portfolio, Initial Shares | BNY Mellon VIF Small Cap Portfolio, Initial Shares | BNY Mellon VIF Small Cap Portfolio, Initial Shares | BNY Mellon VIF Small Cap Portfolio, Initial Shares |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 9 | 32.57 | 35.81 | 291 | 0.65% | 0.65% | 0.85% | 10.27% | 10.05% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 9 | 29.54 | 32.54 | 267 | 0.70% | 0.65% | 0.85% | 3.94% | 3.73% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 10 | 28.42 | 31.66 | 277 | 0.47% | 0.65% | 0.85% | 8.58% | 8.36% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 21 | 26.17 | 29.21 | 548 | 0.00% | 0.65% | 0.85% | (16.14)% | (17.32)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 25 | 31.21 | 35.34 | 784 | 0.11% | 0.65% | 0.85% | 15.48% | 14.30% |
| 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 | 53 | 26.39 | 25.67 | 1395 | 0.00% | 0.49% | 0.85% | 8.09% | 7.70% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 67 | 24.41 | 23.83 | 1650 | 0.00% | 0.49% | 0.85% | 27.26% | 26.80% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 87 | 19.18 | 18.80 | 1666 | 0.00% | 0.49% | 0.85% | 43.32% | 42.81% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 41 | 13.38 | 13.16 | 543 | 0.00% | 0.49% | 0.85% | (31.68)% | (33.69)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 91 | 19.59 | 19.85 | 1793 | 0.00% | 0.49% | 0.85% | 22.51% | 19.76% |
| 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 | 13 | 19.68 | 19.30 | 264 | 0.28% | 0.65% | 0.85% | 3.67% | 3.46% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 18 | 18.98 | 18.65 | 337 | 0.61% | 0.65% | 0.85% | 9.29% | 9.07% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 17 | 17.37 | 17.10 | 302 | 0.14% | 0.65% | 0.85% | 12.19% | 11.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 16 | 15.65 | 15.27 | 254 | 0.30% | 0.49% | 0.85% | (24.15)% | (27.44)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 24 | 20.63 | 21.05 | 492 | 0.03% | 0.49% | 0.85% | 30.25% | 25.49% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> 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 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 80 | $22.38 | $21.54 | $1781 | 0.00% | 0.49% | 0.85% | 8.70% | 8.31% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 88 | 20.59 | 19.89 | 1797 | 0.00% | 0.49% | 0.85% | 3.99% | 3.61% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 101 | 19.80 | 19.19 | 1975 | 0.00% | 0.49% | 0.85% | 7.87% | 7.49% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 105 | 18.36 | 17.86 | 1914 | 0.00% | 0.49% | 0.85% | (27.47)% | (31.12)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 133 | 25.31 | 25.92 | 3425 | 0.00% | 0.49% | 0.85% | 14.37% | 9.40% |
| 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 | 21 | 14.60 | 14.31 | 303 | 0.06% | 0.49% | 0.85% | 30.23% | 29.76% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 22 | 11.21 | 11.03 | 247 | 1.52% | 0.49% | 0.85% | 4.94% | 4.56% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 51 | 10.69 | 10.55 | 546 | 0.00% | 0.49% | 0.85% | 8.66% | 8.27% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 40 | 9.83 | 9.74 | 395 | 0.00% | 0.49% | 0.85% | (33.00)% | (34.04)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 46 | 14.68 | 14.77 | 676 | 0.67% | 0.49% | 0.85% | (7.71)% | (8.48)% |
| 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 | 213 | 42.77 | 41.31 | 8979 | 0.00% | 0.49% | 0.85% | 15.29% | 14.87% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 230 | 37.10 | 35.96 | 8404 | 0.00% | 0.49% | 0.85% | 30.37% | 29.90% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 238 | 28.46 | 27.69 | 6676 | 0.00% | 0.49% | 0.85% | 42.07% | 41.56% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 202 | 20.03 | 19.56 | 3991 | 0.00% | 0.49% | 0.85% | (30.46)% | (33.48)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 226 | 28.81 | 29.40 | 6573 | 0.00% | 0.49% | 0.85% | 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 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 209 | 92.98 | 117.30 | 23809 | 0.00% | 0.49% | 0.85% | 33.71% | 33.23% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 271 | 69.54 | 88.04 | 22737 | 0.00% | 0.49% | 0.85% | 25.96% | 25.50% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 295 | 55.21 | 70.15 | 19813 | 0.00% | 0.49% | 0.85% | 44.16% | 43.65% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 307 | 38.30 | 48.83 | 14462 | 0.00% | 0.49% | 0.85% | (30.31)% | (33.88)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 345 | 54.95 | 73.86 | 23848 | 0.28% | 0.49% | 0.85% | 40.52% | 34.28% |
| 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 | 34 | 25.07 | 54.47 | 1578 | 0.95% | 0.49% | 0.85% | 10.26% | 13.69% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 44 | 22.74 | 47.91 | 1796 | 0.53% | 0.49% | 0.85% | 8.14% | 7.75% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 60 | 21.02 | 44.47 | 2219 | 0.37% | 0.49% | 0.85% | 21.08% | 20.64% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 47 | 17.36 | 36.86 | 1427 | 0.38% | 0.49% | 0.85% | (6.90)% | (12.00)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 72 | 18.65 | 41.89 | 2590 | 0.50% | 0.49% | 0.85% | 30.99% | 24.71% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> 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 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 |  | $- | $- | $- | 1.93% | 0.49% | 0.69% | 1.80% | 1.74% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 26 | 10.06 | 10.00 | 260 | 1.20% | 0.49% | 0.69% | 13.03% | 12.80% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 27 | 8.90 | 8.87 | 238 | 1.66% | 0.49% | 0.69% | (17.42)% | (18.07)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 34 | 10.78 | 10.82 | 364 | 1.17% | 0.49% | 0.85% | 6.34% | 5.95% |
| 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 | 107 | 25.84 | 25.24 | 2749 | 1.87% | 0.49% | 0.69% | 8.41% | 8.20% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 109 | 23.83 | 23.33 | 2596 | 1.21% | 0.49% | 0.69% | 7.61% | 7.39% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 117 | 22.15 | 21.73 | 2584 | 1.53% | 0.49% | 0.69% | 19.45% | 19.21% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 133 | 18.54 | 18.23 | 2470 | 1.38% | 0.49% | 0.69% | (3.22)% | (6.31)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 135 | 19.16 | 19.45 | 2618 | 1.42% | 0.49% | 0.69% | 40.84% | 36.90% |
| DWS Capital Growth VIP, Class A | DWS Capital Growth VIP, Class A | DWS Capital Growth VIP, Class A |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 487 | 47.13 | 99.98 | 34511 | 0.05% | 0.49% | 0.85% | 11.98% | 11.58% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 550 | 42.09 | 89.61 | 34823 | 0.19% | 0.49% | 0.85% | 25.99% | 25.54% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 595 | 33.40 | 71.38 | 29894 | 0.07% | 0.49% | 0.85% | 37.90% | 37.41% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 646 | 24.22 | 51.95 | 23573 | 0.09% | 0.49% | 0.85% | (29.16)% | (31.32)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 717 | 34.20 | 75.64 | 37814 | 0.21% | 0.49% | 0.85% | 21.74% | 18.88% |
| DWS Core Equity VIP, Class A | DWS Core Equity VIP, Class A | DWS Core Equity VIP, Class A |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 254 | 38.49 | 70.24 | 15220 | 0.81% | 0.49% | 0.85% | 16.26% | 15.84% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 295 | 33.10 | 60.64 | 15064 | 0.83% | 0.49% | 0.85% | 19.49% | 19.06% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 347 | 27.70 | 50.93 | 14725 | 0.91% | 0.49% | 0.85% | 24.96% | 24.51% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 310 | 22.17 | 40.90 | 10806 | 0.80% | 0.49% | 0.85% | (13.61)% | (18.99)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 339 | 25.66 | 50.49 | 14036 | 0.77% | 0.49% | 0.85% | 28.45% | 21.33% |
| 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 | 167 | 20.31 | 33.08 | 5354 | 1.35% | 0.49% | 0.85% | 16.62% | 16.20% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 181 | 17.41 | 28.47 | 4999 | 1.47% | 0.49% | 0.85% | 17.18% | 16.76% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 197 | 14.86 | 24.39 | 4648 | 1.71% | 0.49% | 0.85% | 20.17% | 19.74% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 210 | 12.37 | 20.36 | 4136 | 1.81% | 0.49% | 0.85% | (13.48)% | (18.85)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 225 | 14.29 | 25.10 | 5303 | 1.95% | 0.49% | 0.85% | 29.86% | 22.67% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> 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 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 71 | $17.52 | $16.82 | $1217 | 1.19% | 0.49% | 0.85% | 19.92% | 19.49% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 68 | 14.61 | 14.08 | 981 | 1.41% | 0.49% | 0.85% | 5.24% | 4.86% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 73 | 13.88 | 13.43 | 998 | 0.88% | 0.49% | 0.85% | 23.96% | 23.51% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 91 | 11.20 | 10.87 | 1009 | 0.55% | 0.49% | 0.85% | (22.33)% | (26.63)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 93 | 14.42 | 14.82 | 1359 | 0.37% | 0.49% | 0.85% | 16.97% | 11.29% |
| 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 | 881 | 23.40 | 59.69 | 29151 | 1.38% | 0.49% | 0.85% | 12.09% | 11.68% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 990 | 20.88 | 53.45 | 29121 | 1.16% | 0.49% | 0.85% | 10.61% | 10.21% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 1025 | 18.87 | 48.50 | 27439 | 1.14% | 0.49% | 0.85% | 16.19% | 15.77% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 1106 | 16.24 | 41.89 | 26458 | 0.92% | 0.49% | 0.85% | (18.84)% | (21.31)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 1159 | 20.01 | 53.23 | 35011 | 0.83% | 0.49% | 0.85% | 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 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 52 | 20.52 | 38.54 | 1320 | 0.00% | 0.49% | 0.85% | 7.59% | 7.20% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 62 | 19.07 | 35.95 | 1459 | 0.00% | 0.49% | 0.85% | 4.63% | 4.25% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 67 | 18.23 | 34.49 | 1498 | 0.03% | 0.49% | 0.85% | 18.25% | 17.83% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 74 | 15.42 | 29.27 | 1415 | 0.00% | 0.49% | 0.85% | (26.39)% | (28.63)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 74 | 20.94 | 41.01 | 1965 | 0.04% | 0.49% | 0.85% | 12.88% | 10.23% |
| 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 | 92 | 17.89 | 30.63 | 2840 | 0.98% | 0.49% | 0.85% | 6.07% | 17.21% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 117 | 16.87 | 26.13 | 2981 | 1.19% | 0.49% | 0.85% | 5.69% | 5.30% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 129 | 15.96 | 24.82 | 3149 | 1.18% | 0.49% | 0.85% | 14.39% | 13.98% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 124 | 13.95 | 21.77 | 2651 | 0.84% | 0.49% | 0.85% | (13.89)% | (19.09)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 134 | 16.21 | 26.91 | 3357 | 1.24% | 0.49% | 0.85% | 33.51% | 26.36% |
| Empower Aggressive Profile Fund, Investor Class | Empower Aggressive Profile Fund, Investor Class | Empower Aggressive Profile Fund, Investor Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 13 | 19.12 | 14.41 | 252 | 1.61% | 0.49% | 0.85% | 16.85% | (10.95)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 14 | 16.36 | 16.19 | 222 | 3.08% | 0.49% | 0.65% | 11.39% | 11.21% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 14 | 14.69 | 14.56 | 204 | 3.19% | 0.49% | 0.65% | 16.37% | 16.19% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 14 | 12.62 | 12.53 | 182 | 1.82% | 0.49% | 0.65% | (14.46)% | (16.21)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 5 | 14.76 | 14.95 | 67 | 5.73% | 0.49% | 0.85% | 19.42% | 17.34% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Empower Ariel Mid Cap Value Fund, Investor Class | Empower Ariel Mid Cap Value Fund, Investor Class | Empower Ariel Mid Cap Value Fund, Investor Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 |  | $- | $- | $- | 2.58% | 0.49% | 0.69% | 6.23% | 6.06% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 3 | 15.61 | 15.34 | 48 | 1.97% | 0.49% | 0.69% | 9.91% | 9.69% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 10 | 14.20 | 13.98 | 140 | 5.39% | 0.49% | 0.69% | (12.20)% | (14.68)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 16 | 16.17 | 16.39 | 258 | 2.38% | 0.49% | 0.69% | 26.95% | 23.85% |
| Empower Bond Index Fund, Investor Class | Empower Bond Index Fund, Investor Class |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 846 | 10.83 | 10.54 | 9097 | 2.83% | 0.49% | 0.85% | 6.10% | 5.72% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 810 | 10.21 | 9.97 | 8217 | 2.34% | 0.49% | 0.85% | 0.33% | (0.03)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 796 | 10.18 | 9.97 | 8057 | 2.01% | 0.49% | 0.85% | 4.51% | 4.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 924 | 9.74 | 9.58 | 8955 | 1.14% | 0.49% | 0.85% | (12.96)% | (15.53)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 1382 | 11.19 | 11.34 | 15624 | 0.80% | 0.49% | 0.85% | (1.93)% | (4.14)% |
| Empower Conservative Profile Fund, Investor Class | Empower Conservative Profile Fund, Investor Class | Empower Conservative Profile Fund, Investor Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 252 | 13.35 | 12.99 | 3327 | 2.59% | 0.49% | 0.85% | 7.66% | 7.27% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 278 | 12.40 | 12.11 | 3412 | 2.92% | 0.49% | 0.85% | 4.57% | 4.19% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 312 | 11.86 | 11.62 | 3661 | 2.66% | 0.49% | 0.85% | 7.72% | 7.34% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 495 | 11.01 | 10.83 | 5413 | 1.86% | 0.49% | 0.85% | (9.18)% | (11.87)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 448 | 12.12 | 12.29 | 5463 | 2.50% | 0.49% | 0.85% | 6.86% | 4.44% |
| Empower International Index Fund, Investor Class | Empower International Index Fund, Investor Class | Empower International Index Fund, Investor Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 295 | 16.67 | 16.27 | 4889 | 2.47% | 0.49% | 0.85% | 30.28% | 29.81% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 263 | 12.79 | 12.53 | 3342 | 2.04% | 0.49% | 0.85% | 2.41% | 2.04% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 244 | 12.49 | 12.28 | 3033 | 2.23% | 0.49% | 0.85% | 16.94% | 16.52% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 280 | 10.68 | 10.54 | 2980 | 1.71% | 0.49% | 0.85% | (14.34)% | (16.27)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 342 | 12.47 | 12.59 | 4295 | 2.11% | 0.49% | 0.85% | 10.87% | 9.15% |
| Empower International Value Fund, Investor Class | Empower International Value Fund, Investor Class | Empower International Value Fund, Investor Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 29 | 20.70 | 20.47 | 593 | 1.81% | 0.49% | 0.69% | 38.42% | 38.15% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 24 | 14.96 | 14.82 | 354 | 1.56% | 0.49% | 0.69% | 4.94% | (3.65)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 20 | 14.25 | 14.17 | 291 | 1.50% | 0.49% | 0.65% | 17.45% | 17.27% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 21 | 12.13 | 12.02 | 251 | 1.17% | 0.49% | 0.85% | (15.09)% | (16.40)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 20 | 14.29 | 14.37 | 291 | 3.88% | 0.49% | 0.85% | 10.40% | 9.74% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Empower Lifetime 2015 Fund, Investor Class | Empower Lifetime 2015 Fund, Investor Class | Empower Lifetime 2015 Fund, Investor Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 3 | $14.58 | $14.40 | $48 | 2.49% | 0.49% | 0.65% | 9.61% | 9.43% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 4 | 13.30 | 12.37 | 48 | 1.23% | 0.49% | 0.85% | 5.90% | 0.51% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 18 | 12.56 | 12.31 | 220 | 2.97% | 0.49% | 0.85% | 9.80% | 9.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 18 | 11.44 | 11.25 | 201 | 2.07% | 0.49% | 0.85% | (11.53)% | (14.15)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 15 | 12.93 | 13.10 | 198 | 2.65% | 0.49% | 0.85% | 7.95% | 6.53% |
| Empower Lifetime 2020 Fund, Investor Class | Empower Lifetime 2020 Fund, Investor Class | Empower Lifetime 2020 Fund, Investor Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 29 | 14.89 | 14.71 | 421 | 2.07% | 0.49% | 0.65% | 10.15% | 9.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 51 | 13.52 | 13.38 | 678 | 2.89% | 0.49% | 0.65% | 6.42% | 6.25% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 51 | 12.70 | 12.59 | 639 | 2.75% | 0.49% | 0.65% | 10.43% | 10.25% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 51 | 11.50 | 11.42 | 580 | 2.06% | 0.49% | 0.65% | (12.23)% | (14.02)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 49 | 13.11 | 13.28 | 649 | 1.07% | 0.49% | 0.85% | 9.10% | 7.21% |
| Empower Lifetime 2025 Fund, Investor Class | Empower Lifetime 2025 Fund, Investor Class | Empower Lifetime 2025 Fund, Investor Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 41 | 15.41 | 15.22 | 630 | 2.41% | 0.49% | 0.65% | 11.15% | 10.98% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 41 | 13.86 | 13.71 | 568 | 2.36% | 0.49% | 0.65% | 6.80% | 6.63% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 45 | 12.98 | 12.86 | 584 | 2.43% | 0.49% | 0.65% | 11.36% | 11.19% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 53 | 11.65 | 11.57 | 614 | 1.66% | 0.49% | 0.65% | (13.11)% | (14.89)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 56 | 13.41 | 13.59 | 753 | 2.08% | 0.49% | 0.85% | 10.10% | 8.19% |
| Empower Lifetime 2030 Fund, Investor Class | Empower Lifetime 2030 Fund, Investor Class | Empower Lifetime 2030 Fund, Investor Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 47 | 16.05 | 15.85 | 743 | 2.64% | 0.49% | 0.65% | 12.42% | 12.24% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 49 | 14.27 | 14.12 | 698 | 2.96% | 0.49% | 0.65% | 7.53% | 7.36% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 43 | 13.27 | 13.16 | 573 | 2.56% | 0.49% | 0.65% | 12.52% | 12.34% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 46 | 11.80 | 11.71 | 542 | 1.85% | 0.49% | 0.65% | (13.91)% | (15.67)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 48 | 13.70 | 13.89 | 669 | 2.63% | 0.49% | 0.85% | 11.53% | 10.06% |
| Empower Lifetime 2035 Fund, Investor Class | Empower Lifetime 2035 Fund, Investor Class | Empower Lifetime 2035 Fund, Investor Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 15 | 16.87 | 16.67 | 249 | 2.13% | 0.49% | 0.65% | 13.79% | 13.61% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 14 | 14.83 | 14.67 | 208 | 2.15% | 0.49% | 0.65% | 8.66% | 8.48% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 14 | 13.65 | 13.52 | 191 | 2.00% | 0.49% | 0.65% | 13.84% | 13.66% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 14 | 11.99 | 11.90 | 168 | 0.81% | 0.49% | 0.65% | (14.91)% | (16.66)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 72 | 14.09 | 14.28 | 1029 | 2.33% | 0.49% | 0.85% | 13.39% | 11.90% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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 |
| 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Empower Lifetime 2040 Fund, Investor Class | Empower Lifetime 2040 Fund, Investor Class | Empower Lifetime 2040 Fund, Investor Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 2 | $17.41 | $17.41 | $39 | 2.69% | 0.65% | 0.65% | 14.93% | 14.93% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 2 | 15.15 | 15.15 | 27 | 2.62% | 0.65% | 0.65% | 9.47% | 9.47% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 2 | 13.84 | 13.84 | 25 | 2.39% | 0.65% | 0.65% | 14.98% | 14.98% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 2 | 12.04 | 12.04 | 21 | 1.69% | 0.65% | 0.65% | (16.23)% | (17.33)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 2 | 14.37 | 14.56 | 26 | 2.86% | 0.49% | 0.85% | 15.04% | 13.53% |
| Empower Lifetime 2045 Fund, Investor Class | Empower Lifetime 2045 Fund, Investor Class | Empower Lifetime 2045 Fund, Investor Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 8 | 18.11 | 17.88 | 150 | 1.77% | 0.49% | 0.65% | 16.14% | 15.96% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 8 | 15.59 | 15.42 | 129 | 1.94% | 0.49% | 0.65% | 10.28% | 10.10% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 8 | 14.14 | 14.01 | 117 | 1.77% | 0.49% | 0.65% | 16.16% | 15.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 8 | 12.17 | 12.08 | 101 | 1.43% | 0.49% | 0.65% | (16.12)% | (17.84)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 7 | 14.51 | 14.70 | 101 | 2.53% | 0.49% | 0.85% | 15.94% | 14.42% |
| Empower Lifetime 2050 Fund, Investor Class | Empower Lifetime 2050 Fund, Investor Class | Empower Lifetime 2050 Fund, Investor Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 5 | 18.28 | 18.28 | 86 | 2.11% | 0.49% | 0.49% | 16.68% | 16.68% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 5 | 15.67 | 15.67 | 74 | 2.47% | 0.49% | 0.49% | 10.59% | 10.59% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 5 | 14.17 | 14.17 | 67 | 2.24% | 0.49% | 0.49% | 16.48% | 16.48% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 5 | 12.16 | 12.16 | 57 | 1.62% | 0.49% | 0.49% | (16.25)% | (17.35)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 5 | 14.52 | 14.72 | 69 | 1.04% | 0.49% | 0.85% | 15.59% | 14.07% |
| Empower Lifetime 2055 Fund, Investor Class | Empower Lifetime 2055 Fund, Investor Class | Empower Lifetime 2055 Fund, Investor Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 8 | 18.25 | 18.03 | 143 | 1.06% | 0.49% | 0.65% | 17.13% | 16.94% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 8 | 15.58 | 15.41 | 122 | 1.24% | 0.49% | 0.65% | 10.55% | 10.37% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 8 | 14.09 | 13.97 | 111 | 1.24% | 0.49% | 0.65% | 16.49% | 16.30% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 8 | 12.10 | 12.01 | 95 | 0.98% | 0.49% | 0.65% | (16.44)% | (18.15)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 8 | 14.48 | 14.67 | 116 | 2.18% | 0.49% | 0.85% | 16.02% | 14.01% |
| Empower Lifetime 2060 Fund, Investor Class | Empower Lifetime 2060 Fund, Investor Class | Empower Lifetime 2060 Fund, Investor Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 5 | 18.88 | 18.67 | 96 | 2.05% | 0.65% | 0.85% | 17.21% | 16.98% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 5 | 16.11 | 15.96 | 82 | 2.45% | 0.65% | 0.85% | 10.18% | 9.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 5 | 14.62 | 14.51 | 74 | 4.65% | 0.65% | 0.85% | 6.66% | 15.98% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 0 \* | 12.51 | 12.51 | 0 \* | 2.01% | 0.85% | 0.85% | (17.80)% | (18.29)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 0 \* | 15.22 | 15.31 | 0 \* | 2.56% | 0.49% | 0.85% | 53.15% | 52.23% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| 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 | 45 | $22.38 | $20.62 | $992 | 4.35% | 0.49% | 0.85% | 7.79% | 2.46% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 47 | 20.76 | 20.12 | 970 | 7.69% | 0.49% | 0.85% | 15.11% | 14.69% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 48 | 18.03 | 17.54 | 854 | 0.48% | 0.49% | 0.85% | 14.59% | 12.32% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 51 | 15.74 | 15.53 | 788 | 0.56% | 0.49% | 0.69% | (10.38)% | (13.35)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 52 | 17.56 | 17.92 | 931 | 49.90% | 0.49% | 0.85% | 30.75% | 26.92% |
| Empower Moderate Profile Fund, Investor Class | Empower Moderate Profile Fund, Investor Class | Empower Moderate Profile Fund, Investor Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 610 | 15.83 | 15.40 | 9520 | 2.16% | 0.49% | 0.85% | 11.41% | 11.01% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 693 | 14.21 | 13.87 | 9718 | 3.06% | 0.49% | 0.85% | 7.42% | 7.03% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 693 | 13.23 | 12.96 | 9043 | 3.58% | 0.49% | 0.85% | 11.39% | 10.99% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 696 | 11.88 | 11.68 | 8200 | 2.16% | 0.49% | 0.85% | (11.29)% | (13.91)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 790 | 13.39 | 13.57 | 10659 | 3.36% | 0.49% | 0.85% | 12.51% | 9.97% |
| 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 | 247 | 16.89 | 16.69 | 4123 | 2.10% | 0.49% | 0.65% | 13.24% | 13.06% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 267 | 14.92 | 14.83 | 3948 | 3.03% | 0.49% | 0.85% | 8.81% | 10.38% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 294 | 13.71 | 13.43 | 4004 | 2.21% | 0.49% | 0.85% | 13.05% | 12.64% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 332 | 12.13 | 11.93 | 3999 | 1.57% | 0.49% | 0.85% | (12.36)% | (14.96)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 323 | 13.84 | 14.02 | 4511 | 4.59% | 0.49% | 0.85% | 14.18% | 12.20% |
| 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 | 316 | 14.50 | 14.10 | 4543 | 2.30% | 0.49% | 0.85% | 9.49% | 9.10% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 336 | 13.24 | 12.93 | 4415 | 2.84% | 0.49% | 0.85% | 5.93% | 5.54% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 371 | 12.50 | 12.25 | 4600 | 3.01% | 0.49% | 0.85% | 9.36% | 8.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 448 | 11.43 | 11.24 | 5085 | 1.71% | 0.49% | 0.85% | (10.07)% | (12.73)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 514 | 12.71 | 12.88 | 6589 | 3.22% | 0.49% | 0.85% | 9.64% | 7.17% |
| 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 | 561 | 13.68 | 13.21 | 7589 | 3.37% | 0.49% | 0.85% | 7.46% | 7.07% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 541 | 12.73 | 12.34 | 6814 | 3.59% | 0.49% | 0.85% | 4.63% | 4.25% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 509 | 12.16 | 11.83 | 6139 | 3.18% | 0.49% | 0.85% | 7.35% | 6.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 559 | 11.33 | 11.06 | 6292 | 2.31% | 0.49% | 0.85% | (10.03)% | (13.94)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 580 | 12.59 | 12.85 | 7409 | 2.38% | 0.49% | 0.85% | 2.10% | (1.63)% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| 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 | 26 | $12.00 | $11.84 | $318 | 1.53% | 0.65% | 0.85% | 2.49% | 2.28% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 29 | 11.71 | 11.58 | 336 | 2.65% | 0.65% | 0.85% | 6.84% | 6.63% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 28 | 10.96 | 10.86 | 311 | 1.47% | 0.65% | 0.85% | 12.57% | 12.35% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 45 | 9.74 | 9.66 | 436 | 1.47% | 0.65% | 0.85% | (26.49)% | (27.41)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 99 | 13.24 | 13.31 | 1319 | 0.51% | 0.65% | 0.85% | 43.85% | 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 | 7868 | 19.77 | 18.96 | 152555 | 2.69% | 0.49% | 0.85% | 12.38% | 11.98% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 8866 | 17.59 | 16.93 | 153253 | 2.06% | 0.49% | 0.85% | 7.65% | 7.26% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 10209 | 16.34 | 15.78 | 164185 | 2.12% | 0.49% | 0.85% | 12.63% | 12.23% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 11431 | 14.51 | 14.06 | 163489 | 1.58% | 0.49% | 0.85% | (12.57)% | (17.52)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 12456 | 16.59 | 17.05 | 209752 | 2.02% | 0.49% | 0.85% | 13.23% | 7.60% |
| Empower Small Cap Value Fund, Investor Class | Empower Small Cap Value Fund, Investor Class | Empower Small Cap Value Fund, Investor Class | Empower Small Cap Value Fund, Investor Class | Empower Small Cap Value Fund, Investor Class |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 58 | 17.93 | 17.60 | 1034 | 0.00% | 0.49% | 0.85% | 3.57% | 3.20% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 61 | 17.31 | 17.05 | 1047 | 0.00% | 0.49% | 0.85% | 7.68% | 7.29% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 62 | 16.08 | 15.89 | 993 | 0.05% | 0.49% | 0.85% | 17.24% | 16.82% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 67 | 13.71 | 13.61 | 916 | 0.05% | 0.49% | 0.85% | (10.09)% | (11.17)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 87 | 15.25 | 15.32 | 1327 | 4.39% | 0.49% | 0.85% | 30.12% | 29.48% |
| 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 | 96 | 20.59 | 20.24 | 1966 | 0.00% | 0.49% | 0.69% | 2.49% | 2.28% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 84 | 20.09 | 19.79 | 1678 | 0.00% | 0.49% | 0.69% | 8.52% | 8.30% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 103 | 18.52 | 18.27 | 1884 | 0.00% | 0.49% | 0.69% | 19.34% | 19.10% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 120 | 15.52 | 15.34 | 1849 | 0.02% | 0.49% | 0.69% | (21.87)% | (24.04)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 141 | 19.86 | 20.20 | 2841 | 0.18% | 0.49% | 0.85% | 15.11% | 12.36% |
| 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 | 1258 | 10.73 | 20.16 | 19218 | 3.93% | 0.49% | 0.85% | 6.28% | 5.90% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 1294 | 10.09 | 19.04 | 18744 | 3.65% | 0.49% | 0.85% | 0.09% | (0.28)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 1469 | 10.08 | 19.09 | 21077 | 2.57% | 0.49% | 0.85% | 3.68% | 3.31% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 1870 | 9.73 | 18.48 | 25923 | 1.86% | 0.49% | 0.85% | (10.56)% | (13.29)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 2009 | 10.88 | 21.31 | 31779 | 2.09% | 0.49% | 0.85% | (2.87)% | (5.15)% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| 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 | 51 | $35.61 | $35.61 | $1832 | 2.95% | 0.85% | 0.85% | 6.13% | 6.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 61 | 33.56 | 33.56 | 2049 | 2.21% | 0.85% | 0.85% | 14.57% | 14.57% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 63 | 29.29 | 29.29 | 1864 | 1.93% | 0.85% | 0.85% | 7.76% | 7.76% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 70 | 27.18 | 27.18 | 1910 | 1.87% | 0.85% | 0.85% | (14.48)% | (14.48)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 72 | 31.78 | 31.78 | 2275 | 1.83% | 0.85% | 0.85% | 17.51% | 17.51% |
| 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 | 149 | 22.29 | 34.60 | 4134 | 1.07% | 0.49% | 0.85% | 7.13% | 6.74% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 162 | 20.81 | 32.42 | 4190 | 0.92% | 0.49% | 0.85% | 11.16% | 10.75% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 175 | 18.72 | 29.27 | 4171 | 0.52% | 0.49% | 0.85% | 12.20% | 11.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 175 | 16.68 | 26.18 | 3788 | 1.00% | 0.49% | 0.85% | (8.02)% | (13.58)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 158 | 18.14 | 30.30 | 3870 | 1.03% | 0.49% | 0.85% | 28.26% | 21.38% |
| Goldman Sachs VIT Multi-Strategy Alternatives Portfolio, Service Shares | Goldman Sachs VIT Multi-Strategy Alternatives Portfolio, Service Shares | Goldman Sachs VIT Multi-Strategy Alternatives Portfolio, Service Shares | Goldman Sachs VIT Multi-Strategy Alternatives Portfolio, Service Shares | Goldman Sachs VIT Multi-Strategy Alternatives Portfolio, Service Shares |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 |  |  |  |  | 0.00% | 0.49% | 0.69% | (0.92)% | (0.97)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 5 | 12.14 | 11.93 | 59 | 2.76% | 0.49% | 0.69% | 2.78% | 2.57% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 5 | 11.81 | 11.63 | 58 | 6.66% | 0.49% | 0.69% | 7.24% | 7.03% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 5 | 11.01 | 10.87 | 54 | 3.12% | 0.49% | 0.69% | (5.07)% | (8.22)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 7 | 11.60 | 11.84 | 80 | 1.50% | 0.49% | 0.85% | 5.30% | 2.21% |
| 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 | 162 | 28.92 | 49.57 | 6780 | 1.68% | 0.49% | 0.85% | 16.87% | 16.45% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 184 | 24.74 | 42.57 | 6669 | 1.75% | 0.49% | 0.85% | 14.61% | 14.20% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 210 | 21.59 | 37.28 | 6766 | 1.74% | 0.49% | 0.85% | 11.81% | 11.41% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 271 | 19.31 | 33.46 | 7611 | 1.88% | 0.49% | 0.85% | 3.42% | (3.02)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 191 | 18.67 | 34.50 | 5738 | 1.80% | 0.49% | 0.85% | 36.71% | 29.13% |
| 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 | 57 | 79.35 | 79.35 | 4549 | 0.64% | 0.85% | 0.85% | 15.18% | 15.18% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 62 | 68.89 | 68.89 | 4323 | 0.71% | 0.85% | 0.85% | 24.54% | 24.54% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 64 | 55.31 | 55.31 | 3533 | 0.74% | 0.85% | 0.85% | 22.32% | 22.32% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 66 | 45.22 | 45.22 | 3015 | 0.92% | 0.85% | 0.85% | (21.22)% | (21.22)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 68 | 57.40 | 57.40 | 3921 | 0.66% | 0.85% | 0.85% | 26.66% | 26.66% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| 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 | 508 | $16.22 | $22.64 | $10943 | 1.41% | 0.49% | 0.85% | 15.93% | 15.51% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 564 | 13.99 | 19.60 | 10499 | 1.68% | 0.49% | 0.85% | 0.12% | (0.24)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 645 | 13.97 | 19.65 | 11950 | 0.19% | 0.49% | 0.85% | 17.57% | 17.15% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 723 | 11.88 | 16.77 | 11312 | 1.71% | 0.49% | 0.85% | (16.45)% | (21.50)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 762 | 14.22 | 21.37 | 14696 | 1.25% | 0.49% | 0.85% | 8.34% | 2.53% |
| 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 | 551 | 27.65 | 75.78 | 32934 | 0.00% | 0.49% | 0.85% | 14.76% | 14.35% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 625 | 24.10 | 66.27 | 32029 | 0.00% | 0.49% | 0.85% | 15.50% | 15.08% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 692 | 20.86 | 57.59 | 30516 | 0.22% | 0.49% | 0.85% | 34.08% | 33.60% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 746 | 15.56 | 43.10 | 24757 | 0.00% | 0.49% | 0.85% | (30.22)% | (32.34)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 778 | 22.30 | 63.71 | 38708 | 0.00% | 0.49% | 0.85% | 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 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 212 | 26.98 | 47.14 | 9658 | 1.46% | 0.49% | 0.85% | 15.05% | 14.64% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 237 | 23.45 | 41.12 | 9433 | 1.47% | 0.49% | 0.85% | 15.43% | 15.01% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 255 | 20.32 | 35.75 | 8735 | 1.56% | 0.49% | 0.85% | 12.11% | 11.71% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 279 | 18.12 | 32.00 | 8600 | 1.65% | 0.49% | 0.85% | (3.61)% | (9.59)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 293 | 18.80 | 35.40 | 9622 | 1.50% | 0.49% | 0.85% | 31.71% | 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 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 152 | 14.33 | 32.13 | 3702 | 6.75% | 0.49% | 0.85% | 6.20% | 5.82% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 170 | 13.50 | 30.36 | 3832 | 5.42% | 0.49% | 0.85% | 7.20% | 6.81% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 209 | 12.59 | 28.43 | 4138 | 5.08% | 0.49% | 0.85% | 9.64% | 9.25% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 199 | 11.48 | 26.02 | 3793 | 4.60% | 0.49% | 0.85% | (7.50)% | (10.32)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 212 | 12.42 | 29.01 | 4443 | 4.88% | 0.49% | 0.85% | 3.50% | 1.07% |
| 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 | 359 | 15.28 | 31.85 | 9566 | 0.34% | 0.49% | 0.85% | 15.75% | 15.34% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 418 | 13.20 | 27.62 | 9675 | 0.64% | 0.49% | 0.85% | (2.15)% | (2.51)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 476 | 13.49 | 28.33 | 11001 | 0.58% | 0.49% | 0.85% | 20.47% | 20.04% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 546 | 11.20 | 23.60 | 10664 | 0.00% | 0.49% | 0.85% | (25.48)% | (30.12)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 577 | 15.03 | 33.77 | 15361 | 0.00% | 0.49% | 0.85% | 12.99% | 6.72% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| 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 | 43 | $42.16 | $40.78 | $1738 | 0.32% | 0.65% | 0.85% | 8.48% | 8.27% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 50 | 38.86 | 37.66 | 1849 | 0.39% | 0.65% | 0.85% | 16.30% | 16.07% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 43 | 33.41 | 32.45 | 1358 | 0.27% | 0.65% | 0.85% | 13.73% | 13.50% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 50 | 29.38 | 28.59 | 1414 | 0.35% | 0.65% | 0.85% | 66.98% | (17.11)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 61 | 17.59 | 34.49 | 2039 | 0.45% | 0.49% | 0.85% | 25.34% | (37.54)% |
| 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 | 85 | 26.69 | 25.92 | 2226 | 0.38% | 0.49% | 0.85% | 8.17% | 7.78% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 141 | 24.67 | 24.05 | 3444 | 0.00% | 0.49% | 0.85% | 12.13% | 11.73% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 94 | 22.00 | 21.52 | 2045 | 1.08% | 0.49% | 0.85% | 17.55% | 17.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 113 | 18.72 | 18.38 | 2095 | 0.54% | 0.49% | 0.85% | (13.92)% | (17.81)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 110 | 21.75 | 22.36 | 2442 | 0.33% | 0.49% | 0.85% | 23.39% | 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 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 70 | 23.49 | 51.21 | 2679 | 0.00% | 0.49% | 0.85% | 7.52% | 7.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 74 | 21.85 | 47.80 | 2539 | 0.13% | 0.49% | 0.85% | 17.51% | 17.09% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 76 | 18.59 | 40.82 | 2232 | 0.00% | 0.49% | 0.85% | 16.01% | 15.59% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 81 | 16.03 | 35.32 | 2059 | 0.00% | 0.49% | 0.85% | (18.71)% | (23.15)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 100 | 19.72 | 45.96 | 3131 | 0.17% | 0.49% | 0.85% | 22.45% | 16.59% |
| 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 | 214 | 46.70 | 91.89 | 6532 | 0.00% | 0.49% | 0.85% | 19.88% | 19.45% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 226 | 38.96 | 76.93 | 5439 | 0.00% | 0.49% | 0.85% | 33.61% | 33.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 230 | 29.16 | 57.78 | 4039 | 0.00% | 0.49% | 0.85% | 46.23% | 45.70% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 238 | 19.94 | 39.66 | 2817 | 0.00% | 0.49% | 0.85% | 58.83% | (40.46)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 262 | 12.55 | 66.61 | 5552 | 0.00% | 0.49% | 0.85% | 13.44% | (57.16)% |
| 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 | 472 | 26.05 | 58.01 | 16766 | 2.04% | 0.49% | 0.85% | 14.54% | 14.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 488 | 22.75 | 50.82 | 15157 | 2.07% | 0.49% | 0.85% | 14.86% | 14.44% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 591 | 19.80 | 44.41 | 15823 | 2.09% | 0.49% | 0.85% | 14.85% | 14.44% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 640 | 17.24 | 38.81 | 14918 | 1.23% | 0.49% | 0.85% | (15.54)% | (18.85)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 692 | 20.41 | 47.82 | 19497 | 0.90% | 0.49% | 0.85% | 18.71% | 14.86% |

---

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  |  | Low | High | Low | High |
| 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 | 4448 | $24.85 | $39.05 | $136151 |  | 1.69% | 0.65% | 0.85% | 14.08% | 13.85% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 5094 | 21.78 | 34.30 | 135141 |  | 1.74% | 0.65% | 0.85% | 14.40% | 14.17% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 5523 | 19.04 | 30.04 | 127207 |  | 1.78% | 0.65% | 0.85% | 14.39% | 14.16% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 5900 | 16.65 | 26.32 | 118841 |  | 0.96% | 0.65% | 0.85% | (15.89)% | (19.71)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 6467 | 19.79 | 32.78 | 157249 |  | 0.66% | 0.65% | 0.85% | 19.37% | 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 |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 866 | 12.02 | 25.16 | 13091 |  | 5.23% | 0.49% | 0.85% | 6.88% | 6.49% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 902 | 11.25 | 23.62 | 13105 |  | 4.85% | 0.49% | 0.85% | 1.46% | 1.09% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 967 | 11.09 | 23.37 | 13790 |  | 4.30% | 0.49% | 0.85% | 4.99% | 4.61% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 949 | 10.56 | 22.34 | 13244 |  | 2.41% | 0.49% | 0.85% | (12.77)% | (14.39)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 1155 | 12.10 | 26.09 | 18450 |  | 1.99% | 0.49% | 0.85% | (1.74)% | (2.87)% |
| 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 | 1817 | 11.47 | 16.93 | 30640 |  | 4.48% | 0.65% | 0.85% | 6.53% | 6.32% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 1844 | 10.77 | 15.93 | 29113 |  | 4.09% | 0.65% | 0.85% | 0.96% | 0.76% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 2077 | 10.66 | 15.81 | 32361 |  | 3.65% | 0.65% | 0.85% | 4.61% | 4.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 2105 | 10.19 | 15.14 | 31510 |  | 1.98% | 0.65% | 0.85% | (13.15)% | (17.10)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 2316 | 11.74 | 18.26 | 40373 |  | 1.62% | 0.65% | 0.85% | 0.97% | (3.23)% |
| 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 | 433 | 32.22 | 76.13 | 19629 |  | 0.56% | 0.49% | 0.85% | 20.33% | 19.89% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 482 | 26.77 | 63.50 | 18260 |  | 0.77% | 0.49% | 0.85% | 22.98% | 22.53% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 461 | 21.77 | 51.82 | 14505 |  | 0.92% | 0.49% | 0.85% | 26.16% | 25.71% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 502 | 17.26 | 41.23 | 12686 |  | 1.04% | 0.49% | 0.85% | (17.58)% | (20.09)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 533 | 20.94 | 51.59 | 16764 |  | 0.52% | 0.49% | 0.85% | 17.09% | 14.34% |
| 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 | 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 | 27 | 74.90 | 73.19 | 1988 |  | 0.00% | 0.49% | 0.69% | 24.54% | 24.29% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 29 | 60.14 | 58.88 | 1727 |  | 0.00% | 0.49% | 0.69% | 31.45% | 31.19% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 32 | 45.75 | 44.88 | 1433 |  | 0.00% | 0.49% | 0.69% | 53.79% | 53.49% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 40 | 29.75 | 29.24 | 1193 |  | 0.00% | 0.49% | 0.69% | (36.30)% | (38.33)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 42 | 46.70 | 47.42 | 1958 |  | 0.20% | 0.49% | 0.69% | 18.99% | 15.67% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| 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 | 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 | 232 | $71.51 | $72.31 | $16862 | 0.00% | 0.65% | 0.85% | 24.03% | 23.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 316 | 57.66 | 58.42 | 18504 | 0.00% | 0.65% | 0.85% | 30.90% | 30.64% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 353 | 44.05 | 44.72 | 15764 | 0.00% | 0.65% | 0.85% | 53.28% | 52.98% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 349 | 28.74 | 29.23 | 10158 | 0.00% | 0.65% | 0.85% | (36.58)% | (38.60)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 450 | 45.31 | 47.61 | 20984 | 0.11% | 0.65% | 0.85% | 18.55% | 15.22% |
| Janus Henderson VIT Overseas Portfolio, Institutional Shares | 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 | 72 | 48.65 | 48.65 | 3525 | 1.44% | 0.85% | 0.85% | 27.78% | 27.78% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 76 | 38.07 | 38.07 | 2909 | 1.36% | 0.85% | 0.85% | 4.94% | 4.94% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 82 | 36.28 | 36.28 | 3006 | 1.52% | 0.85% | 0.85% | 9.94% | 9.94% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 87 | 33.00 | 33.00 | 2908 | 1.75% | 0.85% | 0.85% | (9.38)% | (9.38)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 95 | 36.42 | 36.42 | 3494 | 1.14% | 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 | 107 | 18.08 | 18.08 | 1972 | 1.37% | 0.85% | 0.85% | 27.49% | 27.49% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 100 | 14.18 | 14.18 | 1460 | 1.29% | 0.85% | 0.85% | 4.68% | 4.68% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 104 | 13.55 | 13.55 | 1438 | 1.34% | 0.85% | 0.85% | 9.65% | 9.65% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 121 | 12.36 | 12.36 | 1529 | 1.68% | 0.85% | 0.85% | (9.61)% | (9.61)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 131 | 13.67 | 13.67 | 1819 | 1.07% | 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 | Janus Henderson VIT Research Portfolio, Institutional Shares |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 97 | 119.71 | 119.71 | 11774 | 0.12% | 0.85% | 0.85% | 17.39% | 17.39% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 122 | 101.98 | 101.98 | 12557 | 0.03% | 0.85% | 0.85% | 34.16% | 34.16% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 131 | 76.01 | 76.01 | 10023 | 0.14% | 0.85% | 0.85% | 41.96% | 41.96% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 140 | 53.54 | 53.54 | 7574 | 0.16% | 0.85% | 0.85% | (30.48)% | (30.48)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 147 | 77.02 | 77.02 | 11410 | 0.10% | 0.85% | 0.85% | 19.31% | 19.31% |
| 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 | 599 | 16.53 | 28.89 | 14836 | 2.72% | 0.49% | 0.85% | 41.07% | 40.57% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 646 | 11.72 | 20.55 | 11355 | 3.31% | 0.49% | 0.85% | 6.91% | 6.52% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 680 | 10.96 | 19.29 | 11064 | 4.77% | 0.49% | 0.85% | 21.68% | 21.24% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 747 | 9.01 | 15.91 | 10119 | 3.31% | 0.49% | 0.85% | (13.19)% | (17.94)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 794 | 10.38 | 19.39 | 12637 | 1.81% | 0.49% | 0.85% | 7.26% | 2.12% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| 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 | 188 | $11.52 | $11.28 | $2149 | 4.44% | 0.49% | 0.85% | 5.38% | 5.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 188 | 10.93 | 10.74 | 2045 | 4.42% | 0.49% | 0.85% | 4.62% | 4.24% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 303 | 10.44 | 10.31 | 3154 | 5.30% | 0.49% | 0.85% | 4.54% | 4.16% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 240 | 9.99 | 9.90 | 2394 | 2.49% | 0.49% | 0.85% | (4.95)% | (6.43)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 303 | 10.51 | 10.57 | 3200 | 2.87% | 0.49% | 0.85% | 0.27% | (0.47)% |
| LVIP American Century Balanced Fund, Standard Class II | 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 | 1046 | 20.96 | 39.46 | 27990 | 1.85% | 0.49% | 0.85% | 9.08% | 8.69% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 1127 | 19.22 | 36.30 | 27485 | 1.99% | 0.49% | 0.85% | 11.51% | 11.11% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 1321 | 17.23 | 32.67 | 29019 | 1.93% | 0.49% | 0.85% | 15.84% | 15.43% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 1466 | 14.88 | 28.31 | 28057 | 1.20% | 0.49% | 0.85% | (15.39)% | (19.67)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 1572 | 17.58 | 35.23 | 36539 | 0.72% | 0.49% | 0.85% | 17.22% | 12.10% |
| 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 | 279 | 25.71 | 52.77 | 10576 | 1.67% | 0.49% | 0.85% | 14.30% | 13.89% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 303 | 22.50 | 46.33 | 10177 | 1.32% | 0.49% | 0.85% | 12.54% | 12.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 318 | 19.99 | 41.32 | 9541 | 1.54% | 0.49% | 0.85% | 8.12% | 7.74% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 368 | 18.49 | 38.36 | 10138 | 1.79% | 0.49% | 0.85% | (10.75)% | (13.47)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 347 | 20.72 | 44.33 | 11114 | 1.08% | 0.49% | 0.85% | 22.60% | 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 | LVIP American Century International Fund, Standard Class II | 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 | 278 | 16.62 | 41.17 | 6794 | 1.13% | 0.49% | 0.85% | 15.42% | 15.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 314 | 14.40 | 35.80 | 6811 | 1.69% | 0.49% | 0.85% | 2.10% | 1.73% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 316 | 14.10 | 35.19 | 6733 | 1.40% | 0.49% | 0.85% | 12.02% | 11.62% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 363 | 12.59 | 31.53 | 6766 | 1.50% | 0.49% | 0.85% | (23.05)% | (25.39)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 371 | 16.36 | 42.26 | 9324 | 0.16% | 0.49% | 0.85% | 7.83% | 5.30% |
| LVIP American Century Mid Cap Value Fund, Service Class | LVIP American Century Mid Cap Value Fund, Service Class | LVIP American Century Mid Cap Value Fund, Service Class | LVIP American Century Mid Cap Value Fund, Service Class |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 234 | 24.06 | 54.94 | 9829 | 1.54% | 0.49% | 0.85% | 8.30% | 7.91% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 272 | 22.21 | 50.91 | 10859 | 2.37% | 0.49% | 0.85% | 7.99% | 7.60% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 302 | 20.57 | 47.32 | 11156 | 2.15% | 0.49% | 0.85% | 5.51% | 5.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 325 | 19.49 | 45.01 | 11310 | 2.10% | 0.49% | 0.85% | 0.85% | (4.66)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 299 | 19.33 | 47.21 | 10919 | 1.00% | 0.49% | 0.85% | 25.10% | 19.11% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| LVIP American Century Value Fund, Standard Class II | LVIP American Century Value Fund, Standard Class II | LVIP American Century Value Fund, Standard Class II |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 412 | $25.78 | $56.85 | $19314 | 1.59% | 0.49% | 0.85% | 15.45% | 15.04% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 483 | 22.33 | 49.42 | 19381 | 2.76% | 0.49% | 0.85% | 8.94% | 8.55% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 602 | 20.49 | 45.52 | 22265 | 2.37% | 0.49% | 0.85% | 8.57% | 8.18% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 668 | 18.88 | 42.08 | 22770 | 2.05% | 0.49% | 0.85% | 2.82% | (3.09)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 787 | 18.36 | 43.43 | 26261 | 1.75% | 0.49% | 0.85% | 27.01% | 20.56% |
| LVIP Baron Growth Opportunities Fund, Service Class | LVIP Baron Growth Opportunities Fund, Service Class | LVIP Baron Growth Opportunities Fund, Service Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 270 | 22.43 | 73.47 | 15228 | 0.00% | 0.49% | 0.85% | (10.51)% | (10.84)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 303 | 25.07 | 82.40 | 19463 | 0.23% | 0.49% | 0.85% | 4.92% | 4.55% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 328 | 23.89 | 78.82 | 19844 | 0.00% | 0.49% | 0.85% | 17.23% | 16.81% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 353 | 20.38 | 67.48 | 18522 | 0.00% | 0.49% | 0.85% | (24.14)% | (26.46)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 425 | 26.86 | 91.75 | 30659 | 0.00% | 0.49% | 0.85% | 17.71% | 14.95% |
| LVIP BlackRock Equity Dividend Fund, Standard Class | LVIP BlackRock Equity Dividend Fund, Standard Class | LVIP BlackRock Equity Dividend Fund, Standard Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 56 | 18.56 | 17.99 | 1031 | 1.57% | 0.49% | 0.85% | 12.87% | 12.47% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 66 | 16.44 | 15.99 | 1071 | 1.94% | 0.49% | 0.85% | 6.66% | 6.27% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 68 | 15.42 | 15.05 | 1046 | 1.68% | 0.49% | 0.85% | 2.99% | 2.62% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 75 | 14.97 | 14.80 | 1124 | 1.64% | 0.49% | 0.69% | (2.84)% | (4.83)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 101 | 15.41 | 15.55 | 1564 | 6.30% | 0.49% | 0.69% | 23.44% | 20.69% |
| LVIP JPMorgan Core Bond Fund, Standard Class | LVIP JPMorgan Core Bond Fund, Standard Class | LVIP JPMorgan Core Bond Fund, Standard Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 136 | 10.11 | 9.99 | 1363 | 3.52% | 0.49% | 0.69% | 6.88% | 6.66% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 124 | 9.46 | 9.37 | 1169 | 5.35% | 0.49% | 0.69% | 1.22% | 1.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 100 | 9.34 | 9.27 | 933 | 3.58% | 0.49% | 0.69% | 5.39% | 5.18% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 38 | 8.86 | 8.82 | 337 | 1.89% | 0.49% | 0.69% | (14.60)% | (13.47)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 62 | 10.38 | 10.19 | 631 | 1.87% | 0.49% | 0.85% | (1.71)% | 0.00% |
| LVIP JPMorgan Small Cap Core Fund, Standard Class | LVIP JPMorgan Small Cap Core Fund, Standard Class | LVIP JPMorgan Small Cap Core Fund, Standard Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 85 | 23.00 | 60.94 | 2915 | 0.57% | 0.49% | 0.85% | 9.73% | 9.34% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 99 | 20.96 | 55.74 | 2992 | 0.75% | 0.49% | 0.85% | 11.16% | 10.76% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 112 | 18.85 | 50.32 | 3035 | 1.42% | 0.49% | 0.85% | 12.55% | 12.15% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 101 | 16.75 | 44.87 | 2587 | 0.45% | 0.49% | 0.85% | (17.51)% | (20.03)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 110 | 20.31 | 56.12 | 3588 | 0.58% | 0.49% | 0.85% | 20.36% | 17.52% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| LVIP Nomura SMID Cap Core Fund, Standard Class | LVIP Nomura SMID Cap Core Fund, Standard Class | LVIP Nomura SMID Cap Core Fund, Standard Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 148 | $28.48 | $67.80 | $7429 | 0.57% | 0.49% | 0.85% | 8.32% | 7.93% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 159 | 26.30 | 62.81 | 7334 | 0.59% | 0.49% | 0.85% | 14.17% | 13.75% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 172 | 23.03 | 55.22 | 6998 | 1.07% | 0.49% | 0.85% | 15.88% | 15.47% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 202 | 19.88 | 47.82 | 6966 | 0.43% | 0.49% | 0.85% | (11.77)% | (17.26)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 228 | 22.53 | 57.80 | 9405 | 0.93% | 0.49% | 0.85% | 26.27% | 19.26% |
| MFS VIT II Core Equity Portfolio, Service Class | MFS VIT II Core Equity Portfolio, Service Class | MFS VIT II Core Equity Portfolio, Service Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 7 | 21.50 | 21.31 | 159 | 0.23% | 0.49% | 0.65% | 11.67% | 11.50% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 7 | 19.26 | 19.11 | 140 | 0.48% | 0.49% | 0.65% | 19.28% | 19.09% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 4 | 16.14 | 16.05 | 70 | 0.32% | 0.49% | 0.65% | 5.04% | 22.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 4 | 13.16 | 13.16 | 51 | 0.09% | 0.65% | 0.65% | (17.74)% | (18.24)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 4 | 15.99 | 16.09 | 65 | 0.32% | 0.49% | 0.85% | 24.58% | 23.83% |
| MFS VIT II International Growth Portfolio, Initial Class | MFS VIT II International Growth Portfolio, Initial Class | MFS VIT II International Growth Portfolio, Initial Class | MFS VIT II International Growth Portfolio, Initial Class |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 126 | 17.25 | 16.84 | 2163 | 0.94% | 0.49% | 0.85% | 20.52% | 7.44% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 125 | 14.31 | 13.92 | 1781 | 0.95% | 0.49% | 0.85% | 8.47% | 7.24% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 134 | 13.20 | 12.98 | 1755 | 1.08% | 0.49% | 0.85% | 14.16% | 13.75% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 125 | 11.56 | 11.41 | 1441 | 0.62% | 0.49% | 0.85% | (14.55)% | (16.48)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 91 | 13.53 | 13.66 | 1238 | 0.56% | 0.49% | 0.85% | 9.39% | 7.69% |
| MFS VIT II International Intrinsic Value Portfolio, Service Class | MFS VIT II International Intrinsic Value Portfolio, Service Class | MFS VIT II International Intrinsic Value Portfolio, Service Class | MFS VIT II International Intrinsic Value Portfolio, Service Class | MFS VIT II International Intrinsic Value Portfolio, Service Class |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 1058 | 24.48 | 49.01 | 39383 | 1.34% | 0.49% | 0.85% | 32.31% | 31.84% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 1177 | 18.50 | 37.18 | 33240 | 1.11% | 0.49% | 0.85% | 6.44% | 6.06% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 1321 | 17.38 | 35.05 | 35199 | 0.47% | 0.49% | 0.85% | 16.80% | 16.38% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 1406 | 14.88 | 30.12 | 31926 | 0.49% | 0.49% | 0.85% | (22.02)% | (26.29)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 1566 | 19.09 | 40.86 | 46747 | 0.14% | 0.49% | 0.85% | 12.15% | 6.78% |
| MFS VIT III Blended Research Small Cap Equity Portfolio, Initial Class | MFS VIT III Blended Research Small Cap Equity Portfolio, Initial Class | MFS VIT III Blended Research Small Cap Equity Portfolio, Initial Class | MFS VIT III Blended Research Small Cap Equity Portfolio, Initial Class | MFS VIT III Blended Research Small Cap Equity Portfolio, Initial Class |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 17 | 14.54 | 14.19 | 251 | 0.96% | 0.49% | 0.85% | 5.24% | 4.86% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 19 | 13.82 | 13.54 | 262 | 0.90% | 0.49% | 0.85% | 4.43% | 4.06% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 21 | 13.23 | 13.01 | 282 | 0.76% | 0.49% | 0.85% | 18.38% | 17.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 14 | 11.18 | 11.03 | 152 | 0.75% | 0.49% | 0.85% | (17.99)% | (19.84)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 15 | 13.63 | 13.76 | 202 | 0.93% | 0.49% | 0.85% | 29.44% | 27.77% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| MFS VIT III Mid Cap Value Portfolio, Initial Class | MFS VIT III Mid Cap Value Portfolio, Initial Class | MFS VIT III Mid Cap Value Portfolio, Initial Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 29 | $20.61 | $20.26 | $594 | 1.01% | 0.49% | 0.69% | 5.46% | 5.25% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 35 | 19.54 | 17.81 | 687 | 1.20% | 0.49% | 0.85% | 13.19% | 5.66% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 54 | 17.27 | 16.86 | 922 | 1.78% | 0.49% | 0.85% | 12.18% | 11.77% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 71 | 15.39 | 15.08 | 1081 | 0.98% | 0.49% | 0.85% | (7.69)% | (11.07)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 68 | 16.67 | 16.96 | 1153 | 0.82% | 0.49% | 0.85% | 32.09% | 28.17% |
| MFS VIT Utilities Series, Service Class | MFS VIT Utilities Series, Service Class | MFS VIT Utilities Series, Service Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 219 | 19.61 | 27.67 | 5752 | 2.74% | 0.49% | 0.85% | 14.20% | 13.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 232 | 17.17 | 24.32 | 5312 | 2.05% | 0.49% | 0.85% | 10.80% | 10.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 286 | 15.49 | 22.03 | 5834 | 2.88% | 0.49% | 0.85% | (2.81)% | (3.16)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 382 | 15.94 | 22.74 | 8214 | 2.34% | 0.49% | 0.85% | 2.78% | (3.05)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 319 | 15.51 | 23.46 | 6738 | 1.55% | 0.49% | 0.85% | 15.98% | 10.19% |
| Morgan Stanley VIF U.S. Real Estate Portfolio, Class I | Morgan Stanley VIF U.S. Real Estate Portfolio, Class I | Morgan Stanley VIF U.S. Real Estate Portfolio, Class I | 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 |  |  |  |  | 9.31% | 0.85% | 0.85% | 14.53% | 14.53% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 51 | 51.16 | 51.16 | 2659 | 2.26% | 0.85% | 0.85% | 13.55% | 13.55% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 59 | 45.05 | 45.05 | 2699 | 1.22% | 0.85% | 0.85% | (27.67)% | (27.67)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 65 | 62.29 | 62.29 | 4140 | 2.00% | 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 | 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 | 22 | 19.32 | 28.09 | 567 | 0.00% | 0.49% | 0.85% | 10.80% | 10.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 28 | 17.43 | 25.45 | 647 | 0.27% | 0.49% | 0.85% | 8.13% | 7.74% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 29 | 16.12 | 23.62 | 641 | 0.50% | 0.49% | 0.85% | 10.15% | 9.75% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 34 | 14.64 | 21.52 | 661 | 0.15% | 0.49% | 0.85% | (7.90)% | (13.44)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 34 | 15.89 | 24.86 | 735 | 0.26% | 0.49% | 0.85% | 35.54% | 28.31% |
| Neuberger Berman AMT Quality Equity Portfolio, Class S | Neuberger Berman AMT Quality Equity Portfolio, Class S | Neuberger Berman AMT Quality Equity Portfolio, Class S |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 33 | 30.36 | 30.36 | 999 | 0.00% | 0.49% | 0.49% | 12.88% | 12.88% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 34 | 26.89 | 26.89 | 909 | 0.00% | 0.49% | 0.49% | 24.90% | 24.90% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 34 | 21.53 | 21.53 | 728 | 0.07% | 0.49% | 0.49% | 25.95% | 25.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 42 | 17.09 | 17.09 | 714 | 0.12% | 0.49% | 0.49% | (17.96)% | (19.05)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 42 | 20.84 | 21.12 | 883 | 0.18% | 0.49% | 0.69% | 22.56% | 20.94% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Nomura VIP Emerging Markets Series, Standard Class | Nomura VIP Emerging Markets Series, Standard Class | Nomura VIP Emerging Markets Series, Standard Class |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 200 | $22.79 | $22.91 | $4584 | 1.62% | 0.49% | 0.85% | 80.38% | 79.73% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 257 | 12.64 | 12.75 | 3265 | 2.73% | 0.49% | 0.85% | 4.57% | 4.20% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 296 | 12.08 | 12.23 | 3608 | 1.67% | 0.49% | 0.85% | 13.24% | 12.83% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 355 | 10.67 | 10.84 | 3788 | 4.29% | 0.49% | 0.85% | (25.94)% | (29.29)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 368 | 14.41 | 15.33 | 5439 | 0.33% | 0.49% | 0.85% | (2.17)% | (5.92)% |
| Nomura VIP International Core Equity Series, Service Class | Nomura VIP International Core Equity Series, Service Class | Nomura VIP International Core Equity Series, Service Class | Nomura VIP International Core Equity Series, Service Class |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 99 | 16.27 | 15.66 | 1596 | 0.39% | 0.49% | 0.85% | 23.56% | 23.12% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 109 | 13.17 | 12.72 | 1422 | 1.26% | 0.49% | 0.85% | 3.28% | 2.91% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 124 | 12.75 | 12.36 | 1578 | 1.58% | 0.49% | 0.85% | 15.06% | 14.65% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 142 | 11.08 | 10.78 | 1568 | 2.29% | 0.49% | 0.85% | (12.65)% | (17.04)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 148 | 12.69 | 12.99 | 1916 | 1.08% | 0.49% | 0.85% | 15.96% | 10.92% |
| Nomura VIP International Core Equity Series, Standard Class | 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 | 16 | 12.44 | 12.40 | 201 | 1.31% | 0.49% | 0.69% | 23.94% | 23.70% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 21 | 10.04 | 10.03 | 214 | 1.43% | 0.49% | 0.69% | 0.40% | 0.26% |
| Nomura VIP Small Cap Value Series, Standard Class | 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 | 303 | 21.91 | 64.74 | 17746 | 1.31% | 0.49% | 0.85% | 7.63% | 7.25% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 343 | 20.36 | 60.37 | 19143 | 1.36% | 0.49% | 0.85% | 10.77% | 10.37% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 380 | 18.38 | 54.69 | 19030 | 0.96% | 0.49% | 0.85% | 8.91% | 8.52% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 407 | 16.87 | 50.40 | 18830 | 0.84% | 0.49% | 0.85% | (10.09)% | (26.44)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 475 | 18.77 | 68.52 | 23786 | 0.85% | 0.49% | 0.85% | 57.94% | 30.16% |
| 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 | 425 | 25.35 | 69.52 | 20054 | 0.99% | 0.49% | 0.85% | 6.29% | 5.91% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 497 | 23.85 | 65.64 | 22754 | 0.88% | 0.49% | 0.85% | 12.69% | 12.28% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 513 | 21.16 | 58.46 | 20730 | 1.08% | 0.49% | 0.85% | 15.25% | 14.84% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 532 | 18.36 | 50.91 | 18965 | 1.00% | 0.49% | 0.85% | (11.59)% | (16.27)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 565 | 20.77 | 60.80 | 23139 | 1.11% | 0.49% | 0.85% | 25.87% | 20.07% |

---

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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 | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  |  | Low | High | Low | High |
| 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 | PIMCO VIT CommodityRealReturn Strategy Portfolio, Administrative Class | PIMCO VIT CommodityRealReturn Strategy Portfolio, Administrative Class |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 265 | $9.84 | $9.44 | $2552 |  | 2.86% | 0.49% | 0.85% | 18.21% | 17.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 308 | 8.32 | 8.01 | 2518 |  | 2.20% | 0.49% | 0.85% | 3.65% | 3.27% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 327 | 8.03 | 7.76 | 2575 |  | 17.51% | 0.49% | 0.85% | (8.30)% | (8.63)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 416 | 8.76 | 8.49 | 3588 |  | 22.01% | 0.49% | 0.85% | 11.32% | 4.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 306 | 7.87 | 8.10 | 2443 |  | 4.59% | 0.49% | 0.85% | 35.88% | 28.83% |
| PIMCO VIT Emerging Markets Bond Portfolio, Administrative Class | PIMCO VIT Emerging Markets Bond Portfolio, Administrative Class | 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 | 67 | 13.09 | 12.70 | 875 |  | 6.82% | 0.49% | 0.85% | 14.42% | 14.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 59 | 11.44 | 11.14 | 668 |  | 6.46% | 0.49% | 0.85% | 7.00% | 6.62% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 66 | 10.70 | 10.44 | 708 |  | 5.71% | 0.49% | 0.85% | 10.57% | 10.17% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 71 | 9.67 | 9.48 | 683 |  | 4.82% | 0.49% | 0.85% | (14.73)% | (17.79)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 66 | 11.34 | 11.53 | 760 |  | 4.48% | 0.49% | 0.85% | (2.32)% | (4.63)% |
| 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 | 987 | 15.90 | 31.03 | 24728 |  | 6.29% | 0.49% | 0.85% | 8.42% | 8.03% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 903 | 14.66 | 28.73 | 22861 |  | 5.84% | 0.49% | 0.85% | 6.36% | 5.98% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 969 | 13.79 | 27.11 | 22879 |  | 5.67% | 0.49% | 0.85% | 11.67% | 11.27% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 1196 | 12.34 | 24.36 | 25371 |  | 5.03% | 0.49% | 0.85% | (8.23)% | (29.86)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 1764 | 13.45 | 34.73 | 37942 |  | 4.45% | 0.49% | 0.85% | 30.32% | 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 | 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 | PIMCO VIT Low Duration Portfolio, Administrative Class |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 4266 | 11.28 | 14.55 | 57849 |  | 3.95% | 0.49% | 0.85% | 5.01% | 4.63% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 4452 | 10.75 | 13.91 | 58352 |  | 3.99% | 0.49% | 0.85% | 3.98% | 3.61% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 4639 | 10.33 | 13.42 | 58442 |  | 3.60% | 0.49% | 0.85% | 4.46% | 4.09% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 5090 | 9.89 | 12.89 | 61148 |  | 1.65% | 0.49% | 0.85% | (3.60)% | (9.57)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 5897 | 10.26 | 14.26 | 75872 |  | 0.52% | 0.49% | 0.85% | 1.53% | (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 | 249 | 12.24 | 12.07 | 3035 |  | 3.33% | 0.49% | 0.85% | 7.32% | 6.94% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 269 | 11.40 | 11.29 | 3053 |  | 2.58% | 0.49% | 0.85% | 1.63% | 1.26% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 264 | 11.22 | 11.15 | 2954 |  | 3.00% | 0.49% | 0.85% | 3.16% | 2.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 284 | 10.88 | 10.84 | 3078 |  | 6.28% | 0.49% | 0.85% | (11.00)% | (13.61)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 306 | 12.22 | 12.55 | 3794 |  | 4.97% | 0.49% | 0.85% | 5.86% | 3.49% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| 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 | 7263 | $12.11 | $18.23 | $113642 | 4.11% | 0.49% | 0.85% | 8.36% | 7.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 7530 | 11.18 | 16.89 | 109419 | 4.04% | 0.49% | 0.85% | 2.03% | 1.66% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 7602 | 10.96 | 16.61 | 108412 | 3.56% | 0.49% | 0.85% | 5.42% | 5.04% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 7843 | 10.39 | 15.81 | 106703 | 2.60% | 0.49% | 0.85% | (12.35)% | (17.80)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 8818 | 11.86 | 19.24 | 139410 | 1.82% | 0.49% | 0.85% | 1.21% | (4.40)% |
| 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% | 0.49% | 0.85% | (7.95)% | (8.04)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 28 | 9.82 | 15.85 | 429 | 0.00% | 0.49% | 0.85% | 3.44% | 3.07% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 29 | 9.49 | 15.38 | 430 | 0.00% | 0.49% | 0.85% | 1.09% | 0.72% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 32 | 9.39 | 15.27 | 464 | 0.00% | 0.49% | 0.85% | 22.80% | 17.50% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 41 | 7.64 | 12.99 | 511 | 0.00% | 0.49% | 0.85% | 27.15% | 22.54% |
| 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 | 39 | 35.90 | 72.12 | 2757 | 0.00% | 0.49% | 0.85% | 31.74% | 17.05% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 33 | 63.57 | 61.61 | 2001 | 0.00% | 0.65% | 0.85% | 24.99% | 24.73% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 33 | 50.86 | 49.40 | 1643 | 0.00% | 0.65% | 0.85% | 31.13% | 30.87% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 41 | 38.79 | 37.74 | 1557 | 0.00% | 0.65% | 0.85% | 57.32% | (27.88)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 42 | 24.66 | 52.33 | 2138 | 0.00% | 0.49% | 0.85% | 21.91% | (43.89)% |
| 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 | 96 | 42.42 | 41.70 | 4044 | 0.69% | 0.49% | 0.85% | 16.54% | 16.12% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 107 | 36.40 | 35.91 | 3844 | 0.85% | 0.49% | 0.85% | 26.70% | 26.24% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 88 | 28.73 | 28.45 | 2511 | 0.69% | 0.49% | 0.85% | 27.73% | 27.28% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 67 | 22.49 | 22.35 | 1499 | 1.38% | 0.49% | 0.85% | (13.62)% | (17.53)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 58 | 26.04 | 27.10 | 1550 | 0.95% | 0.49% | 0.85% | 32.22% | 27.16% |
| 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 | 44 | 21.89 | 21.14 | 938 | 2.44% | 0.49% | 0.85% | 14.13% | 13.72% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 42 | 19.18 | 18.59 | 784 | 2.33% | 0.49% | 0.85% | 16.06% | 15.64% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 44 | 16.53 | 16.08 | 714 | 1.92% | 0.49% | 0.85% | 17.21% | 16.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 56 | 14.10 | 13.77 | 770 | 1.66% | 0.49% | 0.85% | (14.50)% | (18.22)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 59 | 16.49 | 16.83 | 973 | 0.91% | 0.49% | 0.85% | 15.62% | 11.39% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| 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 | 75 | $26.94 | $40.47 | $2994 | 0.00% | 0.49% | 0.85% | 14.49% | 14.08% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 82 | 23.53 | 35.47 | 2828 | 0.50% | 0.49% | 0.85% | 0.93% | 0.56% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 126 | 23.32 | 35.27 | 4317 | 0.31% | 0.49% | 0.85% | 8.60% | 8.21% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 140 | 21.47 | 32.60 | 4438 | 0.41% | 0.49% | 0.85% | (2.51)% | (7.47)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 153 | 22.02 | 35.23 | 5163 | 1.09% | 0.49% | 0.85% | 20.94% | 15.61% |
| Putnam VT Income Fund, Class IA | Putnam VT Income Fund, Class IA |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 488 | 11.36 | 10.93 | 5463 | 5.02% | 0.49% | 0.85% | 6.92% | 6.54% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 515 | 10.62 | 10.26 | 5402 | 5.51% | 0.49% | 0.85% | 2.05% | 1.69% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 488 | 10.41 | 10.09 | 5029 | 5.97% | 0.49% | 0.85% | 4.45% | 4.07% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 502 | 9.96 | 9.69 | 4952 | 5.90% | 0.49% | 0.85% | (11.81)% | (16.25)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 551 | 11.30 | 11.57 | 6332 | 1.62% | 0.49% | 0.85% | (2.94)% | (7.16)% |
| 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 | 131 | 21.86 | 21.44 | 2836 | 0.26% | 0.49% | 0.69% | 37.33% | 37.05% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 100 | 15.92 | 14.87 | 1581 | 2.42% | 0.49% | 0.85% | 2.73% | (1.30)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 102 | 15.49 | 15.07 | 1561 | 0.26% | 0.49% | 0.85% | 18.28% | 17.85% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 100 | 13.10 | 12.79 | 1299 | 1.81% | 0.49% | 0.85% | (13.24)% | (17.02)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 97 | 15.10 | 15.41 | 1482 | 1.38% | 0.49% | 0.85% | 10.40% | 6.36% |
| 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 | 82 | 20.36 | 19.60 | 1653 | 1.21% | 0.49% | 0.85% | 34.41% | 33.93% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 75 | 15.15 | 14.63 | 1135 | 2.59% | 0.49% | 0.85% | 4.92% | 4.54% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 84 | 14.44 | 14.00 | 1207 | 1.62% | 0.49% | 0.85% | 18.50% | 18.07% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 87 | 12.19 | 11.85 | 1057 | 2.13% | 0.49% | 0.85% | (4.90)% | (9.68)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 93 | 12.81 | 13.12 | 1219 | 2.31% | 0.49% | 0.85% | 16.02% | 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 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 443 | 34.04 | 57.23 | 21289 | 1.47% | 0.49% | 0.85% | 19.76% | 19.33% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 545 | 28.42 | 47.96 | 21100 | 1.04% | 0.49% | 0.85% | 18.56% | 18.13% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 508 | 23.98 | 40.60 | 16904 | 2.07% | 0.49% | 0.85% | 15.10% | 14.69% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 579 | 20.83 | 35.40 | 16564 | 1.40% | 0.49% | 0.85% | (0.92)% | (6.17)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 582 | 21.02 | 37.73 | 17294 | 1.16% | 0.49% | 0.85% | 29.21% | 23.26% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| 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 | 281 | $11.15 | $11.87 | $3322 | 8.17% | 0.49% | 0.85% | 8.55% | 8.16% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 261 | 10.27 | 10.98 | 2848 | 4.42% | 0.49% | 0.85% | 4.24% | 3.87% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 242 | 9.85 | 10.57 | 2512 | 15.35% | 0.49% | 0.85% | 4.76% | 4.38% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 265 | 9.40 | 10.12 | 2652 | 9.85% | 0.49% | 0.85% | (8.03)% | (12.89)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 356 | 10.22 | 11.62 | 3909 | 0.00% | 0.49% | 0.85% | (2.33)% | (6.82)% |
| Putnam VT Small Cap Value Fund, Class IA | Putnam VT Small Cap Value Fund, Class IA | Putnam VT Small Cap Value Fund, Class IA |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 23 | 21.45 | 21.00 | 499 | 0.94% | 0.65% | 0.85% | 4.77% | 4.57% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 23 | 20.48 | 20.08 | 477 | 0.97% | 0.65% | 0.85% | 5.78% | 5.57% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 19 | 19.36 | 19.02 | 374 | 0.50% | 0.65% | 0.85% | 23.33% | 23.09% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 12 | 15.69 | 15.45 | 192 | 0.67% | 0.65% | 0.85% | (12.19)% | (14.69)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 9 | 17.87 | 18.11 | 163 | 1.23% | 0.65% | 0.85% | 40.92% | 37.47% |
| 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 | 76 | 39.09 | 37.81 | 2888 | 1.79% | 0.65% | 0.85% | 8.02% | 7.81% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 86 | 36.19 | 35.07 | 3032 | 0.96% | 0.65% | 0.85% | 2.59% | 2.38% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 94 | 35.28 | 34.26 | 3254 | 0.68% | 0.65% | 0.85% | 24.72% | 24.47% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 101 | 28.28 | 27.52 | 2794 | 0.08% | 0.65% | 0.85% | 97.35% | (12.43)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 112 | 14.33 | 31.43 | 3456 | 1.21% | 0.49% | 0.85% | 30.63% | 25.88% |
| Schwab Government Money Market Portfolio | Schwab Government Money Market Portfolio | Schwab Government Money Market Portfolio |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 12590 | 11.47 | 14.40 | 154722 | 4.03% | 0.49% | 0.85% | 3.60% | 3.22% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 14065 | 11.07 | 13.95 | 166994 | 4.95% | 0.49% | 0.85% | 4.55% | 4.17% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 14590 | 10.59 | 13.39 | 165245 | 4.78% | 0.49% | 0.85% | 4.37% | 4.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 15833 | 10.15 | 12.88 | 171626 | 1.48% | 0.49% | 0.85% | 3.75% | 0.59% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 13156 | 9.78 | 12.80 | 142709 | 0.06% | 0.49% | 0.85% | (0.79)% | (3.12)% |
| Schwab S&P 500 Index Portfolio | Schwab S&P 500 Index Portfolio |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 10894 | 40.99 | 121.73 | 614321 | 1.14% | 0.49% | 0.85% | 17.25% | 16.83% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 12567 | 34.96 | 104.20 | 607462 | 1.44% | 0.49% | 0.85% | 24.34% | 23.89% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 13844 | 28.11 | 84.10 | 537550 | 1.41% | 0.49% | 0.85% | 25.61% | 25.16% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 15106 | 22.38 | 67.20 | 466558 | 1.25% | 0.49% | 0.85% | (16.26)% | (18.81)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 16187 | 26.73 | 82.76 | 615857 | 1.26% | 0.49% | 0.85% | 27.58% | 24.59% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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 |
| 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Schwab VIT Balanced Portfolio | Schwab VIT Balanced Portfolio | Schwab VIT Balanced Portfolio |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 211 | $15.92 | $15.61 | $3361 | 2.37% | 0.49% | 0.69% | 12.30% | 12.08% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 263 | 14.17 | 13.93 | 3726 | 2.16% | 0.49% | 0.69% | 7.33% | 7.11% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 270 | 13.21 | 13.01 | 3564 | 1.87% | 0.49% | 0.69% | 11.41% | 11.19% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 297 | 11.85 | 11.70 | 3519 | 1.53% | 0.49% | 0.69% | (14.16)% | (16.25)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 338 | 13.81 | 13.97 | 4714 | 1.29% | 0.49% | 0.69% | 8.67% | 6.44% |
| Schwab VIT Balanced with Growth Portfolio | Schwab VIT Balanced with Growth Portfolio | Schwab VIT Balanced with Growth Portfolio |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 363 | 18.65 | 18.30 | 6748 | 2.23% | 0.49% | 0.69% | 15.03% | 14.80% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 334 | 16.22 | 15.94 | 5402 | 2.07% | 0.49% | 0.69% | 9.44% | 9.22% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 333 | 14.82 | 14.59 | 4926 | 1.69% | 0.49% | 0.69% | 14.30% | 14.07% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 384 | 12.96 | 12.79 | 4964 | 1.59% | 0.49% | 0.69% | (15.46)% | (17.52)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 407 | 15.34 | 15.51 | 6292 | 1.29% | 0.49% | 0.69% | 11.92% | 9.63% |
| Schwab VIT Growth Portfolio | Schwab VIT Growth Portfolio |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 93 | 21.38 | 20.97 | 1987 | 1.94% | 0.49% | 0.69% | 17.66% | 17.43% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 71 | 18.17 | 17.86 | 1296 | 1.91% | 0.49% | 0.69% | 11.23% | 11.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 51 | 16.34 | 16.09 | 836 | 1.53% | 0.49% | 0.69% | 16.95% | 16.72% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 58 | 13.97 | 13.78 | 802 | 1.20% | 0.49% | 0.69% | (16.71)% | (18.74)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 124 | 16.77 | 16.96 | 2098 | 1.16% | 0.49% | 0.69% | 15.18% | 12.82% |
| T. Rowe Price Health Sciences Portfolio | T. Rowe Price Health Sciences Portfolio |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 54 | 30.94 | 30.23 | 1660 | 0.00% | 0.49% | 0.69% | 17.52% | 17.29% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 52 | 26.33 | 25.78 | 1375 | 0.00% | 0.49% | 0.69% | 1.16% | 0.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 59 | 26.03 | 25.53 | 1532 | 0.00% | 0.49% | 0.69% | 2.46% | 2.25% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 60 | 25.40 | 24.97 | 1511 | 0.00% | 0.49% | 0.69% | (11.57)% | (14.38)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 60 | 28.73 | 29.17 | 1753 | 0.00% | 0.49% | 0.69% | 14.04% | 10.85% |
| T. Rowe Price Health Sciences Portfolio, Class II | T. Rowe Price Health Sciences Portfolio, Class II | T. Rowe Price Health Sciences Portfolio, Class II |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 87 | 29.50 | 29.78 | 2574 | 0.00% | 0.65% | 0.85% | 17.04% | 16.81% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 153 | 25.21 | 25.50 | 3874 | 0.00% | 0.65% | 0.85% | 0.76% | 0.55% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 151 | 25.02 | 25.36 | 3792 | 0.00% | 0.65% | 0.85% | 2.02% | 1.82% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 181 | 24.52 | 24.90 | 4463 | 0.00% | 0.65% | 0.85% | (11.92)% | (14.74)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 177 | 27.84 | 29.21 | 5016 | 0.00% | 0.65% | 0.85% | 13.60% | 10.41% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Templeton Foreign VIP Fund, Class 2 | Templeton Foreign VIP Fund, Class 2 | Templeton Foreign VIP Fund, Class 2 | Templeton Foreign VIP Fund, Class 2 |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 425 | $13.35 | $17.95 | $7366 | 2.31% | 0.49% | 0.85% | 28.56% | 28.10% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 447 | 10.38 | 14.01 | 6034 | 2.45% | 0.49% | 0.85% | (1.48)% | 5.39% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 458 | 10.54 | 14.28 | 6237 | 3.17% | 0.49% | 0.85% | 20.17% | 19.74% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 491 | 8.77 | 11.92 | 5595 | 3.11% | 0.49% | 0.85% | (5.51)% | (10.50)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 521 | 9.28 | 13.32 | 6474 | 1.83% | 0.49% | 0.85% | 5.72% | 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 | 648 | 8.81 | 8.61 | 5664 | 0.00% | 0.49% | 0.85% | 15.16% | 14.75% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 746 | 7.65 | 7.50 | 5669 | 0.00% | 0.49% | 0.85% | (11.81)% | (12.13)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 792 | 8.68 | 8.54 | 6824 | 0.00% | 0.49% | 0.85% | 2.38% | 2.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 921 | 8.47 | 8.37 | 7773 | 0.00% | 0.49% | 0.85% | (2.79)% | (7.19)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 957 | 8.72 | 9.02 | 8555 | 0.00% | 0.49% | 0.85% | (4.34)% | (8.01)% |
| Third Avenue Value Portfolio | Third Avenue Value Portfolio | Third Avenue Value Portfolio |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 61 | 23.13 | 22.24 | 1413 | 2.08% | 0.65% | 0.85% | 33.97% | 33.71% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 78 | 17.27 | 16.63 | 1348 | 2.52% | 0.65% | 0.85% | (2.91)% | (3.10)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 85 | 17.78 | 17.17 | 1511 | 2.35% | 0.65% | 0.85% | 20.06% | 19.82% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 92 | 14.81 | 14.33 | 1358 | 1.48% | 0.65% | 0.85% | 18.98% | 11.53% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 102 | 12.45 | 12.85 | 1302 | 0.70% | 0.65% | 0.85% | 24.91% | 17.56% |
| Touchstone Bond Fund, Class I | Touchstone Bond Fund, Class I |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 486 | 11.46 | 14.27 | 6828 | 4.05% | 0.49% | 0.85% | 7.11% | 6.72% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 419 | 10.70 | 13.37 | 5455 | 4.82% | 0.49% | 0.85% | 1.69% | 1.32% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 521 | 10.52 | 13.20 | 6737 | 4.79% | 0.49% | 0.85% | 5.56% | 5.18% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 488 | 9.96 | 12.55 | 5911 | 2.01% | 0.49% | 0.85% | (11.89)% | (16.71)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 519 | 11.31 | 15.06 | 7232 | 2.45% | 0.49% | 0.85% | 0.47% | (4.34)% |
| Touchstone Common Stock Fund, Class I | Touchstone Common Stock Fund, Class I | Touchstone Common Stock Fund, Class I |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 156 | 38.34 | 82.37 | 12578 | 0.53% | 0.49% | 0.85% | 17.25% | 16.83% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 171 | 32.70 | 70.50 | 11839 | 0.63% | 0.49% | 0.85% | 20.88% | 20.45% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 191 | 27.05 | 58.54 | 10918 | 0.44% | 0.49% | 0.85% | 26.04% | 25.59% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 195 | 21.46 | 46.61 | 8896 | 0.41% | 0.49% | 0.85% | (15.79)% | (20.39)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 204 | 25.49 | 58.55 | 11323 | 0.55% | 0.49% | 0.85% | 30.02% | 23.79% |

---

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> Assets<br> (000's) | Investment<br> Income<br> Ratio <sup>(a)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Expense Ratios <sup>(b)</sup> | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | Low | High | Low | High |
| Touchstone Common Stock Fund, Class SC | Touchstone Common Stock Fund, Class SC | Touchstone Common Stock Fund, Class SC |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 85 | $37.04 | $81.00 | $6345 | 0.36% |  | 0.49% | 0.85% | 17.07% | 16.65% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 87 | 31.64 | 69.44 | 5560 | 0.44% |  | 0.49% | 0.85% | 20.67% | 20.23% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 95 | 26.22 | 57.75 | 5088 | 0.65% |  | 0.49% | 0.85% | 25.74% | 25.29% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 98 | 20.85 | 46.10 | 4136 | 0.22% |  | 0.49% | 0.85% | (15.92)% | (20.52)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 119 | 24.80 | 58.00 | 5824 | 0.41% |  | 0.49% | 0.85% | 29.73% | 23.53% |
| Touchstone Small Company Fund, Class I | Touchstone Small Company Fund, Class I | Touchstone Small Company Fund, Class I |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 118 | 28.95 | 65.10 | 5940 | 0.20% |  | 0.49% | 0.85% | 9.18% | 8.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 141 | 26.52 | 59.84 | 6482 | 0.42% |  | 0.49% | 0.85% | 13.14% | 12.74% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 158 | 23.44 | 53.08 | 6399 | 0.23% |  | 0.49% | 0.85% | 16.03% | 15.62% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 158 | 20.20 | 45.91 | 5464 | 0.03% |  | 0.49% | 0.85% | (12.50)% | (17.29)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 179 | 23.09 | 55.51 | 6976 | 0.06% |  | 0.49% | 0.85% | 26.29% | 20.24% |
| VanEck VIP Emerging Markets Bond Fund, Initial Class | VanEck VIP Emerging Markets Bond Fund, Initial Class | VanEck VIP Emerging Markets Bond Fund, Initial Class | VanEck VIP Emerging Markets Bond Fund, Initial Class | 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 | 190 | 12.82 | 15.48 | 2953 | 5.05% |  | 0.49% | 0.85% | 17.91% | 17.49% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 215 | 10.87 | 13.18 | 2853 | 7.34% |  | 0.49% | 0.85% | 2.27% | 1.90% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 233 | 10.63 | 12.93 | 3021 | 4.21% |  | 0.49% | 0.85% | 10.86% | 10.46% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 259 | 9.59 | 11.71 | 3045 | 4.50% |  | 0.49% | 0.85% | (4.82)% | (10.03)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 258 | 10.07 | 13.01 | 3285 | 5.11% |  | 0.49% | 0.85% | (2.42)% | (7.09)% |
| 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 | 246 | 10.28 | 16.70 | 3441 | 2.30% |  | 0.49% | 0.85% | 35.50% | 35.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 281 | 7.59 | 12.37 | 2746 | 2.28% |  | 0.49% | 0.85% | (3.56)% | (3.91)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 426 | 7.87 | 12.87 | 4056 | 2.73% |  | 0.49% | 0.85% | (4.31)% | (4.65)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 500 | 8.22 | 13.50 | 5045 | 1.35% |  | 0.49% | 0.85% | 10.58% | 4.53% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 508 | 7.44 | 12.91 | 4696 | 0.29% |  | 0.49% | 0.85% | 20.69% | 14.91% |
| Vanguard VIF Capital Growth Portfolio | Vanguard VIF Capital Growth Portfolio | Vanguard VIF Capital Growth Portfolio |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 168 | 43.19 | 42.20 | 7207 | 1.00% |  | 0.49% | 0.69% | 28.35% | 28.09% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 181 | 33.65 | 32.94 | 6078 | 1.09% |  | 0.49% | 0.69% | 12.85% | 12.63% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 200 | 29.82 | 29.25 | 5931 | 0.98% |  | 0.49% | 0.69% | 27.36% | 27.10% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 214 | 23.41 | 23.01 | 5001 | 0.89% |  | 0.49% | 0.69% | (14.61)% | (17.33)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 236 | 27.42 | 27.84 | 6557 | 0.96% |  | 0.49% | 0.69% | 22.55% | 19.13% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Vanguard VIF Diversified Value Portfolio | Vanguard VIF Diversified Value Portfolio | Vanguard VIF Diversified Value Portfolio |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 224 | $29.12 | $28.45 | $6482 | 1.56% | 0.49% | 0.69% | 16.26% | 16.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 261 | 25.05 | 24.52 | 6519 | 1.59% | 0.49% | 0.69% | 14.32% | 14.09% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 286 | 21.91 | 21.49 | 6245 | 1.38% | 0.49% | 0.69% | 19.54% | 19.30% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 297 | 18.33 | 18.01 | 5429 | 1.16% | 0.49% | 0.69% | (10.57)% | (13.42)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 333 | 20.49 | 20.81 | 6915 | 1.16% | 0.49% | 0.69% | 31.56% | 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 | 438 | 28.12 | 27.48 | 12256 | 1.23% | 0.49% | 0.69% | 11.00% | 10.77% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 455 | 25.34 | 24.81 | 11477 | 1.38% | 0.49% | 0.69% | 14.51% | 14.28% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 480 | 22.13 | 21.71 | 10585 | 1.43% | 0.49% | 0.69% | 15.27% | 15.04% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 501 | 19.20 | 18.87 | 9589 | 1.14% | 0.49% | 0.69% | (17.98)% | (20.59)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 540 | 23.40 | 23.76 | 12776 | 1.10% | 0.49% | 0.69% | 25.39% | 21.88% |
| Vanguard VIF Real Estate Index Portfolio | Vanguard VIF Real Estate Index Portfolio |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 202 | 17.83 | 17.42 | 3582 | 2.86% | 0.49% | 0.69% | 2.61% | 2.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 277 | 17.38 | 17.01 | 4797 | 3.03% | 0.49% | 0.69% | 4.23% | 4.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 247 | 16.67 | 16.36 | 4104 | 2.33% | 0.49% | 0.69% | 11.15% | 10.93% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 264 | 15.00 | 14.74 | 3946 | 1.81% | 0.49% | 0.69% | (25.53)% | (27.91)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 386 | 20.14 | 20.45 | 7878 | 1.79% | 0.49% | 0.69% | 41.38% | 37.42% |
| Vanguard VIF Small Company Growth Portfolio | Vanguard VIF Small Company Growth Portfolio | Vanguard VIF Small Company Growth Portfolio |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 109 | 24.96 | 24.39 | 2707 | 0.48% | 0.49% | 0.69% | 5.59% | 5.38% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 113 | 23.64 | 23.14 | 2670 | 0.55% | 0.49% | 0.69% | 10.83% | 10.61% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 126 | 21.33 | 20.92 | 2683 | 0.41% | 0.49% | 0.69% | 19.06% | 18.83% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 129 | 17.91 | 17.61 | 2301 | 0.27% | 0.49% | 0.69% | (24.58)% | (26.98)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 142 | 23.75 | 24.11 | 3399 | 0.36% | 0.49% | 0.69% | 15.17% | 11.95% |
| Victory Pioneer Bond VCT Portfolio, Class I | Victory Pioneer Bond VCT Portfolio, Class I | Victory Pioneer Bond VCT Portfolio, Class I |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 158 | 11.97 | 11.79 | 1888 | 4.47% | 0.49% | 0.69% | 8.64% | 8.42% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 319 | 11.02 | 10.87 | 3508 | 4.67% | 0.49% | 0.69% | 2.66% | 2.45% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 162 | 10.73 | 10.61 | 1732 | 4.02% | 0.49% | 0.69% | 6.44% | 6.22% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 129 | 10.08 | 9.99 | 1302 | 2.42% | 0.49% | 0.69% | (13.49)% | (15.41)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 159 | 11.66 | 11.81 | 1879 | 2.29% | 0.49% | 0.85% | 0.84% | (1.41)% |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 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<br> 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> Corresponding to the<br> Lowest and Highest<br> Expense Ratios | Total Return <sup>(c)</sup> Corresponding to the<br> Lowest and Highest<br> Expense Ratios |
|  |  | Low | High |  |  | Low | High | Low | High |
| Victory Pioneer Fund VCT Portfolio, Class I | Victory Pioneer Fund VCT Portfolio, Class I | Victory Pioneer Fund VCT Portfolio, Class I |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 86 | $43.52 | $85.71 | $6001 | 0.44% | 0.49% | 0.85% | 22.75% | 22.31% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 117 | 35.45 | 70.07 | 6599 | 0.72% | 0.49% | 0.85% | 22.05% | 22.77% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 97 | 29.04 | 57.62 | 4635 | 0.86% | 0.49% | 0.85% | 28.30% | 27.84% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 106 | 22.64 | 45.07 | 4083 | 0.65% | 0.49% | 0.85% | (17.67)% | (20.18)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 110 | 27.50 | 56.46 | 5330 | 0.32% | 0.49% | 0.85% | 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;&nbsp;2025 | 50 | 21.90 | 32.04 | 1623 | 1.86% | 0.49% | 0.85% | 10.31% | 9.92% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 64 | 19.85 | 29.15 | 1889 | 1.68% | 0.49% | 0.85% | 10.10% | 9.70% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 63 | 18.03 | 26.58 | 1671 | 1.73% | 0.49% | 0.85% | 11.66% | 11.26% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 68 | 16.15 | 23.89 | 1631 | 1.39% | 0.49% | 0.85% | (3.75)% | (9.56)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 59 | 16.78 | 26.41 | 1527 | 0.83% | 0.49% | 0.85% | 32.36% | 25.27% |
| 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 | Victory Pioneer Select Mid Cap Growth VCT Portfolio, Class I |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 | 141 | 31.57 | 69.40 | 7188 | 0.00% | 0.49% | 0.85% | 19.89% | 19.46% |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 | 154 | 26.34 | 58.10 | 6908 | 0.00% | 0.49% | 0.85% | 23.32% | 22.88% |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 | 144 | 21.36 | 47.28 | 5507 | 0.00% | 0.49% | 0.85% | 18.19% | 17.77% |
| &nbsp;&nbsp;&nbsp;&nbsp;2022 | 163 | 18.07 | 40.15 | 5245 | 0.00% | 0.49% | 0.85% | (29.50)% | (31.64)% |
| &nbsp;&nbsp;&nbsp;&nbsp;2021 | 178 | 25.63 | 58.73 | 8306 | 0.00% | 0.49% | 0.85% | 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, 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.