# EDGAR Filing Document

**Accession Number:** 0000719269
**File Stem:** 0001752724-25-200809
**Filing Date:** 2025-8
**Character Count:** 32562
**Document Hash:** ed4e0bd0d93039b4fbbefcb451740969
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-200809.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0001752724-25-200809

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MFS VARIABLE INSURANCE TRUST II
- **CENTRAL INDEX KEY:** 0000719269

**ORGANIZATION NAME:**
- **EIN:** 046540044
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03732
- **FILM NUMBER:** 251248110

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

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

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

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

## Series and Classes Contracts Data

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

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

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02199

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

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

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

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

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

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $323466975.14

**Total Liabilities:** $725684.87

**Net Assets:** $322741290.27

**Cash Not Reported:** $28.94

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000007244 | 3.71%                | 3.93%                | 2.58%                |
| Class ID C000007243 | 3.70%                | 4.04%                | 2.53%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $271869.60               | $10120299.15                               |
| Month 2  | $2325680.18              | $8227826.64                                |
| Month 3  | $-239153.68              | $8232435.32                                |

### Schedule of Portfolio Investments

| Name                                      | Title                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LVMH Moet Hennessy Louis Vuitton SE       | LVMH Moet Hennessy Louis Vuitton SE       | CUSIP: 000000000<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |     10506 | NS      | $5502169.31   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum China Holdings Inc                    | Yum China Holdings Inc                    | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |     11100 | NS      | $496887.24    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| XP Inc                                    | XP Inc                                    | CUSIP: 000000000<br>LEI: 5493008KDA8NBZRJST80 | Long             | EC               | CORP              | KY        |     76475 | NS      | $1544795.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Aristocrat Leisure Ltd                    | Aristocrat Leisure Ltd                    | CUSIP: 000000000<br>LEI: 529900TE2HO3OZKYKC27 | Long             | EC               | CORP              | AU        |     62386 | NS      | $2675838.40   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Rolls-Royce Holdings PLC                  | Rolls-Royce Holdings PLC                  | CUSIP: 000000000<br>LEI: 213800EC7997ZBLZJH69 | Long             | EC               | CORP              | GB        |    465831 | NS      | $6187054.76   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                           | ASML Holding NV                           | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |      3830 | NS      | $3057026.95   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonova Holding AG                         | Sonova Holding AG                         | CUSIP: 000000000<br>LEI: 5299004A0QNX7FBNHS61 | Long             | EC               | CORP              | CH        |      7122 | NS      | $2121924.25   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                    | SAP SE                                    | CUSIP: 000000000<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |     41206 | NS      | $12530248.48  | 3.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Amadeus IT Group SA                       | Amadeus IT Group SA                       | CUSIP: 000000000<br>LEI: 9598004A3FTY3TEHHN09 | Long             | EC               | CORP              | ES        |     86440 | NS      | $7278240.42   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingsoft Corp Ltd                         | Kingsoft Corp Ltd                         | CUSIP: 000000000<br>LEI: 529900UVT35D3Q7YQY41 | Long             | EC               | CORP              | KY        |    217800 | NS      | $1134786.85   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Boerse AG                        | Deutsche Boerse AG                        | CUSIP: 000000000<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |     15617 | NS      | $5093867.71   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco BTG Pactual SA                      | Banco BTG Pactual SA                      | CUSIP: 000000000<br>LEI: ZXLTQRYIK6IJH3R0IK66 | Long             | EC               | CORP              | BR        |    116911 | NS      | $909147.59    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Star Resources Ltd               | Northern Star Resources Ltd               | CUSIP: 000000000<br>LEI: 254900XFXCRYYZAX6M78 | Long             | EC               | CORP              | AU        |    116035 | NS      | $1416634.91   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| DBS Group Holdings Ltd                    | DBS Group Holdings Ltd                    | CUSIP: 000000000<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |    117590 | NS      | $4153336.14   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| James Hardie Industries PLC               | James Hardie Industries PLC               | CUSIP: 000000000<br>LEI: 635400NSGXKTVOO7JU45 | Long             | EC               | CORP              | IE        |     98810 | NS      | $2711826.96   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Akzo Nobel NV                             | Akzo Nobel NV                             | CUSIP: 000000000<br>LEI: 724500XYIJUGXAA5QD70 | Long             | EC               | CORP              | NL        |     23552 | NS      | $1647939.76   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| GEA Group AG                              | GEA Group AG                              | CUSIP: 000000000<br>LEI: 549300PHUU0ZZWO8EO07 | Long             | EC               | CORP              | DE        |     67294 | NS      | $4708579.25   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Amorepacific Corp                         | Amorepacific Corp                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     17777 | NS      | $1800619.37   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Industries Ltd                   | Reliance Industries Ltd                   | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |    151599 | NS      | $2652628.96   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Hitachi Ltd                               | Hitachi Ltd                               | CUSIP: 000000000<br>LEI: 549300T6IPOCDWLKC615 | Long             | EC               | CORP              | JP        |    422600 | NS      | $12340078.47  | 3.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Reckitt Benckiser Group PLC               | Reckitt Benckiser Group PLC               | CUSIP: 000000000<br>LEI: 5493003JFSMOJG48V108 | Long             | EC               | CORP              | GB        |     70145 | NS      | $4770897.56   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Sodexo SA                                 | Sodexo SA                                 | CUSIP: 000000000<br>LEI: 969500LCBOG12HXPYM84 | Long             | EC               | CORP              | FR        |     14542 | NS      | $894173.38    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                          | Roche Holding AG                          | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |     31229 | NS      | $10170235.81  | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Resonac Holdings Corp                     | Resonac Holdings Corp                     | CUSIP: 000000000<br>LEI: 5493006AIPA1V92YPP18 | Long             | EC               | CORP              | JP        |     74900 | NS      | $1741884.66   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                          | Novo Nordisk A/S                          | CUSIP: 000000000<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |     41322 | NS      | $2867993.08   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Lottery Corp Ltd/The                      | Lottery Corp Ltd/The                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    157587 | NS      | $552805.83    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiichi Sankyo Co Ltd                     | Daiichi Sankyo Co Ltd                     | CUSIP: 000000000<br>LEI: 353800XGIU2IHQGC9504 | Long             | EC               | CORP              | JP        |     76200 | NS      | $1780584.01   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| LY Corp                                   | LY Corp                                   | CUSIP: 000000000<br>LEI: 52990078MD2OL792YM35 | Long             | EC               | CORP              | JP        |    504200 | NS      | $1857072.18   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Kering SA                                 | Kering SA                                 | CUSIP: 000000000<br>LEI: 549300VGEJKB7SVUZR78 | Long             | EC               | CORP              | FR        |      4584 | NS      | $996573.39    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                             | HDFC Bank Ltd                             | CUSIP: 000000000<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |    250531 | NS      | $5846989.23   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Kasikornbank PCL                          | Kasikornbank PCL                          | CUSIP: 000000000<br>LEI: 5493004COSQ54937AW41 | Long             | EC               | CORP              | TH        |    234100 | NS      | $1094573.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                 | Linde PLC                                 | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |     16234 | NS      | $7616668.12   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Symrise AG                                | Symrise AG                                | CUSIP: 000000000<br>LEI: 529900D82I6R9601CF26 | Long             | EC               | CORP              | DE        |     28397 | NS      | $2981756.58   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Group PLC                         | Compass Group PLC                         | CUSIP: 000000000<br>LEI: 2138008M6MH9OZ6U2T68 | Long             | EC               | CORP              | GB        |     89582 | NS      | $3033539.24   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingspan Group PLC                        | Kingspan Group PLC                        | CUSIP: 000000000<br>LEI: 635400HM7V74SUB9OG75 | Long             | EC               | CORP              | IE        |     12081 | NS      | $1027465.33   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Liquide SA                            | Air Liquide SA                            | CUSIP: 000000000<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |     31505 | NS      | $6499679.24   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                                 | Nestle SA                                 | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |    100825 | NS      | $10017058.10  | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd                    | Agnico Eagle Mines Ltd                    | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |     44514 | NS      | $5303434.08   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan Pacific International Holdings Corp   | Pan Pacific International Holdings Corp   | CUSIP: 000000000<br>LEI: 529900QLHJM2E18A5763 | Long             | EC               | CORP              | JP        |     64300 | NS      | $2214254.37   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| WiseTech Global Ltd                       | WiseTech Global Ltd                       | CUSIP: 000000000<br>LEI: 254900VE3AF301Q85K83 | Long             | EC               | CORP              | AU        |     19776 | NS      | $1419088.51   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Assa Abloy AB                             | Assa Abloy AB                             | CUSIP: 000000000<br>LEI: 549300YECS8HKCIMMB67 | Long             | EC               | CORP              | SE        |    173809 | NS      | $5423206.76   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| London Stock Exchange Group PLC           | London Stock Exchange Group PLC           | CUSIP: 000000000<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |     16368 | NS      | $2389421.81   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomura Research Institute Ltd             | Nomura Research Institute Ltd             | CUSIP: 000000000<br>LEI: 5299005F1HCVF4M4QN79 | Long             | EC               | CORP              | JP        |     95000 | NS      | $3815041.14   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Banorte SAB de CV        | Grupo Financiero Banorte SAB de CV        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |    279275 | NS      | $2552759.09   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Kotak Mahindra Bank Ltd                   | Kotak Mahindra Bank Ltd                   | CUSIP: 000000000<br>LEI: 335800E6GTTXKHXE2I75 | Long             | EC               | CORP              | IN        |     56322 | NS      | $1420856.42   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                           | AstraZeneca PLC                           | CUSIP: 000000000<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     33060 | NS      | $4592435.60   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| China Resources Gas Group Ltd             | China Resources Gas Group Ltd             | CUSIP: 000000000<br>LEI: 529900A0E1J5JSOKEK83 | Long             | EC               | CORP              | BM        |    324800 | NS      | $829590.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Sika AG                                   | Sika AG                                   | CUSIP: 000000000<br>LEI: 549300R3N69ECGYPU434 | Long             | EC               | CORP              | CH        |      7889 | NS      | $2141647.99   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Pernod Ricard SA                          | Pernod Ricard SA                          | CUSIP: 000000000<br>LEI: 52990097YFPX9J0H5D87 | Long             | EC               | CORP              | FR        |     23100 | NS      | $2302021.83   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum China Holdings Inc                    | Yum China Holdings Inc                    | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |     25699 | NS      | $1149002.29   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| MFS Institutional Money Market Portfolio  | MFS Institutional Money Market Portfolio  | CUSIP: 55291X109<br>LEI: 5L2W638H85N8T1136O07 | Long             | EC               | RF                | US        |   7903787 | NS      | $7904577.10   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Kose Corp                                 | Kose Corp                                 | CUSIP: 000000000<br>LEI: 353800NX4GGAVDHHY664 | Long             | EC               | CORP              | JP        |      1300 | NS      | $51122.53     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Electronics Inc                     | Delta Electronics Inc                     | CUSIP: 000000000<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |    254000 | NS      | $3591058.47   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Burberry Group PLC                        | Burberry Group PLC                        | CUSIP: 000000000<br>LEI: 213800PE1KEFCNFR1R50 | Long             | EC               | CORP              | GB        |     64123 | NS      | $1040377.67   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp Japan                         | Oracle Corp Japan                         | CUSIP: 000000000<br>LEI: 529900MIMKY9RU60Z323 | Long             | EC               | CORP              | JP        |     20800 | NS      | $2482191.59   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| UPL Ltd                                   | UPL Ltd                                   | CUSIP: 000000000<br>LEI: 335800RJSM1SLHO4UA95 | Long             | EC               | CORP              | IN        |    209873 | NS      | $1618219.70   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Experian PLC                              | Experian PLC                              | CUSIP: 000000000<br>LEI: 635400RXXHHYT1JTSZ26 | Long             | EC               | CORP              | JE        |     86197 | NS      | $4439302.04   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Sugi Holdings Co Ltd                      | Sugi Holdings Co Ltd                      | CUSIP: 000000000<br>LEI: 529900N86BFWB1FADG87 | Long             | EC               | CORP              | JP        |     66500 | NS      | $1521596.47   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| QIAGEN NV                                 | QIAGEN NV                                 | CUSIP: 000000000<br>LEI: 54930036WK3GMCN17Z57 | Long             | EC               | CORP              | NL        |     67224 | NS      | $3237542.28   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| B3 SA - Brasil Bolsa Balcao               | B3 SA - Brasil Bolsa Balcao               | CUSIP: 000000000<br>LEI: 4GTK5S46E6H318LMDS44 | Long             | EC               | CORP              | BR        |   1058500 | NS      | $2840538.55   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Capgemini SE                              | Capgemini SE                              | CUSIP: 000000000<br>LEI: 96950077L0TN7BAROX36 | Long             | EC               | CORP              | FR        |     30874 | NS      | $5275185.41   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenaris SA                                | Tenaris SA                                | CUSIP: 000000000<br>LEI: 549300Y7C05BKC4HZB40 | Long             | EC               | CORP              | LU        |     75106 | NS      | $1413326.80   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Technologies Engineering Ltd    | Singapore Technologies Engineering Ltd    | CUSIP: 000000000<br>LEI: 254900OEXGGWCR24DG90 | Long             | EC               | CORP              | SG        |    120500 | NS      | $738257.96    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck KGaA                                | Merck KGaA                                | CUSIP: 000000000<br>LEI: 529900OAREIS0MOPTW25 | Long             | EC               | CORP              | DE        |     14036 | NS      | $1818708.68   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| RB Global Inc                             | RB Global Inc                             | CUSIP: 74935Q107<br>LEI: 5493002H8U24DJXQ4886 | Long             | EC               | CORP              | CA        |     61077 | NS      | $6488716.42   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd                 | Alibaba Group Holding Ltd                 | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |    147300 | NS      | $2060336.69   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                                | Diageo PLC                                | CUSIP: 000000000<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |    132349 | NS      | $3320905.89   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| EssilorLuxottica SA                       | EssilorLuxottica SA                       | CUSIP: 000000000<br>LEI: 549300M3VH1A3ER1TB49 | Long             | EC               | CORP              | FR        |     26923 | NS      | $7386182.52   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Haleon PLC                                | Haleon PLC                                | CUSIP: 000000000<br>LEI: 549300PSB3WWEODCUP19 | Long             | EC               | CORP              | GB        |    409329 | NS      | $2103623.77   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Terumo Corp                               | Terumo Corp                               | CUSIP: 000000000<br>LEI: 353800JX1R4582QVK932 | Long             | EC               | CORP              | JP        |    134900 | NS      | $2482448.53   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Dassault Systemes SE                      | Dassault Systemes SE                      | CUSIP: 000000000<br>LEI: 96950065LBWY0APQIM86 | Long             | EC               | CORP              | FR        |     79787 | NS      | $2888163.61   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd | Taiwan Semiconductor Manufacturing Co Ltd | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    462000 | NS      | $16764343.42  | 5.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Credicorp Ltd                             | Credicorp Ltd                             | CUSIP: 000000000<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | BM        |     15306 | NS      | $3421197.12   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TOTVS SA                                  | TOTVS SA                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    220800 | NS      | $1715405.20   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                          | MercadoLibre Inc                          | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |       676 | NS      | $1766813.88   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Sands China Ltd                           | Sands China Ltd                           | CUSIP: 000000000<br>LEI: 549300EVO6UZDGY05787 | Long             | EC               | CORP              | KY        |    620400 | NS      | $1291388.61   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Franco-Nevada Corp                        | Franco-Nevada Corp                        | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |     32810 | NS      | $5386694.84   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Ltd                             | AIA Group Ltd                             | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |    879000 | NS      | $7883056.58   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd                      | Tencent Holdings Ltd                      | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |     64100 | NS      | $4107325.52   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Flutter Entertainment PLC                 | Flutter Entertainment PLC                 | CUSIP: 000000000<br>LEI: 635400EG4YIJLJMZJ782 | Long             | EC               | CORP              | IE        |     16249 | NS      | $4643314.24   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVER Corp                                | NAVER Corp                                | CUSIP: 000000000<br>LEI: 988400ULUQYDB2HQYJ61 | Long             | EC               | CORP              | KR        |     13982 | NS      | $2719528.01   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Obic Co Ltd                               | Obic Co Ltd                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     88500 | NS      | $3448307.35   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                     | Schneider Electric SE                     | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |     43597 | NS      | $11595984.84  | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Zalando SE                                | Zalando SE                                | CUSIP: 000000000<br>LEI: 529900YRFFGH5AXU4S86 | Long             | EC               | CORP              | DE        |     65191 | NS      | $2146330.27   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Fleet Management Corp             | Element Fleet Management Corp             | CUSIP: 286181201<br>LEI: 5493000PGBS1C22ELQ16 | Long             | EC               | CORP              | CA        |    147606 | NS      | $3697331.13   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Heineken NV                               | Heineken NV                               | CUSIP: 000000000<br>LEI: 724500K5PTPSST86UQ23 | Long             | EC               | CORP              | NL        |     85608 | NS      | $7464324.78   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-15

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

**Signature:** James Byrne

**Name of Signer:** James Byrne

**Title:** Assistant Treasurer