# EDGAR Filing Document

**Accession Number:** 0000719269
**File Stem:** 0001410368-26-016679
**Filing Date:** 2026-2
**Character Count:** 33844
**Document Hash:** ff615be0e6ccfe84ee37f44907f075e3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-016679.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0001410368-26-016679

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260224

**DATE AS OF CHANGE**: 20260224

**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:** 26668395

**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 Intrinsic Value Portfolio (Series ID: S000002638)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000007245 | Initial Class |  |
| C000007246 | 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 Intrinsic Value Portfolio

- **b. EDGAR series identifier (if any):** S000002638

- **c. LEI of Series:** R8FUCFNPB06NBDV4PQ02

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

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

- **b. Date as of which information is reported:** 2025-12-31

**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:** $1550790076.90

**Total Liabilities:** $10856629.63

**Net Assets:** $1539933447.27

**Cash Not Reported:** $55786.87

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000007245 | -0.11%               | 2.60%                | 1.68%                |
| Class ID C000007246 | -0.14%               | 2.60%                | 1.66%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $36113403.43             | $-38910270.76                              |
| Month 2  | $13218675.79             | $24997007.04                               |
| Month 3  | $17849000.00             | $7464627.00                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Agilent Technologies Inc                  | Agilent Technologies Inc                  | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |    143463 | NS      | $19521010.41  | 1.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Agnico Eagle Mines Ltd                    | Agnico Eagle Mines Ltd                    | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |    160748 | NS      | $27259993.79  | 1.77%             |  |  |  | No            | 1                  | On Loan: No      |
| Diageo PLC                                | Diageo PLC                                | CUSIP: 000000000<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |    658236 | NS      | $14178866.44  | 0.92%             |  |  |  | No            | 2                  | On Loan: No      |
| Lloyds Banking Group PLC                  | Lloyds Banking Group PLC                  | CUSIP: 000000000<br>LEI: 549300PPXHEU2JF0AM85 | Long             | EC               | CORP              | GB        |  13559052 | NS      | $17868697.50  | 1.16%             |  |  |  | No            | 2                  | On Loan: No      |
| Smith & Nephew PLC                        | Smith & Nephew PLC                        | CUSIP: 000000000<br>LEI: 213800ZTMDN8S67S1H61 | Long             | EC               | CORP              | GB        |    948865 | NS      | $15796299.31  | 1.03%             |  |  |  | No            | 2                  | On Loan: No      |
| Cadence Design Systems Inc                | Cadence Design Systems Inc                | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |     22788 | NS      | $7123073.04   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Franco-Nevada Corp                        | Franco-Nevada Corp                        | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |    273176 | NS      | $56625480.86  | 3.68%             |  |  |  | No            | 1                  | On Loan: No      |
| BPER Banca SPA                            | BPER Banca SPA                            | CUSIP: 000000000<br>LEI: N747OI7JINV7RUUH6190 | Long             | EC               | CORP              | IT        |    621201 | NS      | $8400188.94   | 0.55%             |  |  |  | No            | 2                  | On Loan: No      |
| Capgemini SE                              | Capgemini SE                              | CUSIP: 000000000<br>LEI: 96950077L0TN7BAROX36 | Long             | EC               | CORP              | FR        |     50992 | NS      | $8444920.22   | 0.55%             |  |  |  | No            | 2                  | On Loan: No      |
| Kerry Group PLC                           | Kerry Group PLC                           | CUSIP: 000000000<br>LEI: 635400TLVVBNXLFHWC59 | Long             | EC               | CORP              | IE        |    123107 | NS      | $11284676.92  | 0.73%             |  |  |  | No            | 1                  | On Loan: No      |
| Pernod Ricard SA                          | Pernod Ricard SA                          | CUSIP: 000000000<br>LEI: 52990097YFPX9J0H5D87 | Long             | EC               | CORP              | FR        |    140398 | NS      | $12019323.37  | 0.78%             |  |  |  | No            | 2                  | On Loan: No      |
| Schneider Electric SE                     | Schneider Electric SE                     | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |    156333 | NS      | $42851093.03  | 2.78%             |  |  |  | No            | 2                  | On Loan: No      |
| SAP SE                                    | SAP SE                                    | CUSIP: 000000000<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |    128810 | NS      | $31539504.35  | 2.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Kenvue Inc                                | Kenvue Inc                                | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |    705297 | NS      | $12166373.25  | 0.79%             |  |  |  | No            | 1                  | On Loan: No      |
| Beiersdorf AG                             | Beiersdorf AG                             | CUSIP: 000000000<br>LEI: L47NHHI0Z9X22DV46U41 | Long             | EC               | CORP              | DE        |     85380 | NS      | $9399717.72   | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| MFS Institutional Money Market Portfolio  | MFS Institutional Money Market Portfolio  | CUSIP: 55291X109<br>LEI: 5L2W638H85N8T1136O07 | Long             | EC               | RF                | US        |  16282801 | NS      | $16286057.42  | 1.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Wolters Kluwer NV                         | Wolters Kluwer NV                         | CUSIP: 000000000<br>LEI: 724500TEM53I0U077B74 | Long             | EC               | CORP              | NL        |     80014 | NS      | $8306826.81   | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Chocoladefabriken Lindt & Spruengli AG    | Chocoladefabriken Lindt & Spruengli AG    | CUSIP: 000000000<br>LEI: 529900JYJNNOKKAGK736 | Long             | EC               | CORP              | CH        |       344 | NS      | $5033404.87   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Samsung Fire & Marine Insurance Co Ltd    | Samsung Fire & Marine Insurance Co Ltd    | CUSIP: 000000000<br>LEI: 988400JMBDK47EW0Z936 | Long             | EC               | CORP              | KR        |     28633 | NS      | $9878588.73   | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| Chiba Bank Ltd/The                        | Chiba Bank Ltd/The                        | CUSIP: 000000000<br>LEI: FGJPAKKCTZVSKZXNBS63 | Long             | EC               | CORP              | JP        |   1317100 | NS      | $14642872.27  | 0.95%             |  |  |  | No            | 2                  | On Loan: No      |
| Kose Corp                                 | Kose Corp                                 | CUSIP: 000000000<br>LEI: 353800NX4GGAVDHHY664 | Long             | EC               | CORP              | JP        |     29600 | NS      | $990194.08    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Ezaki Glico Co Ltd                        | Ezaki Glico Co Ltd                        | CUSIP: 000000000<br>LEI: 3538001RG4BHKDFV6G61 | Long             | EC               | CORP              | JP        |    165000 | NS      | $5710323.03   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Resona Holdings Inc                       | Resona Holdings Inc                       | CUSIP: 000000000<br>LEI: 52990067JE75XZCYYT81 | Long             | EC               | CORP              | JP        |   3510000 | NS      | $33280778.58  | 2.16%             |  |  |  | No            | 2                  | On Loan: No      |
| Hirose Electric Co Ltd                    | Hirose Electric Co Ltd                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     64600 | NS      | $7132641.73   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Lion Corp                                 | Lion Corp                                 | CUSIP: 000000000<br>LEI: 529900MPGS2GM7VPG855 | Long             | EC               | CORP              | JP        |    120400 | NS      | $1270923.42   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| Mitsubishi Electric Corp                  | Mitsubishi Electric Corp                  | CUSIP: 000000000<br>LEI: 549300TRXM9Y6561AX39 | Long             | EC               | CORP              | JP        |    971900 | NS      | $28448426.33  | 1.85%             |  |  |  | No            | 1                  | On Loan: No      |
| Nitto Denko Corp                          | Nitto Denko Corp                          | CUSIP: 000000000<br>LEI: 3538009GX5P09USH2J25 | Long             | EC               | CORP              | JP        |    465300 | NS      | $11055976.34  | 0.72%             |  |  |  | No            | 2                  | On Loan: No      |
| Nitori Holdings Co Ltd                    | Nitori Holdings Co Ltd                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    429700 | NS      | $7523316.20   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Olympus Corp                              | Olympus Corp                              | CUSIP: 000000000<br>LEI: 5299000Y52IFDI1I2A21 | Long             | EC               | CORP              | JP        |    489700 | NS      | $6237908.66   | 0.41%             |  |  |  | No            | 2                  | On Loan: No      |
| Northern Star Resources Ltd               | Northern Star Resources Ltd               | CUSIP: 000000000<br>LEI: 254900XFXCRYYZAX6M78 | Long             | EC               | CORP              | AU        |    803757 | NS      | $14257383.65  | 0.93%             |  |  |  | No            | 2                  | On Loan: No      |
| Rohto Pharmaceutical Co Ltd               | Rohto Pharmaceutical Co Ltd               | CUSIP: 000000000<br>LEI: 353800Q1CW5OS81OUM12 | Long             | EC               | CORP              | JP        |    654900 | NS      | $10987469.36  | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| Samsung Electronics Co Ltd                | Samsung Electronics Co Ltd                | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |    323924 | NS      | $26960874.39  | 1.75%             |  |  |  | No            | 1                  | On Loan: No      |
| Shimadzu Corp                             | Shimadzu Corp                             | CUSIP: 000000000<br>LEI: 353800Y64Z08WEH8PH97 | Long             | EC               | CORP              | JP        |    446000 | NS      | $11867517.88  | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| Shimano Inc                               | Shimano Inc                               | CUSIP: 000000000<br>LEI: 529900L32YT3P9DECR10 | Long             | EC               | CORP              | JP        |     74100 | NS      | $7822034.60   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Taisei Corp                               | Taisei Corp                               | CUSIP: 000000000<br>LEI: 529900TF7XJKIOWMLQ79 | Long             | EC               | CORP              | JP        |    107100 | NS      | $10143185.01  | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Toyo Suisan Kaisha Ltd                    | Toyo Suisan Kaisha Ltd                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    286900 | NS      | $19644623.52  | 1.28%             |  |  |  | No            | 2                  | On Loan: No      |
| Deutsche Boerse AG                        | Deutsche Boerse AG                        | CUSIP: 000000000<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |    131843 | NS      | $34630034.76  | 2.25%             |  |  |  | No            | 2                  | On Loan: No      |
| Roche Holding AG                          | Roche Holding AG                          | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |     73930 | NS      | $30552908.02  | 1.98%             |  |  |  | No            | 2                  | On Loan: No      |
| Petroleo Brasileiro SA - Petrobras        | Petroleo Brasileiro SA - Petrobras        | CUSIP: 71654V101<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |    507382 | NS      | $5718195.14   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| EssilorLuxottica SA                       | EssilorLuxottica SA                       | CUSIP: 000000000<br>LEI: 549300M3VH1A3ER1TB49 | Long             | EC               | CORP              | FR        |     51561 | NS      | $16302248.53  | 1.06%             |  |  |  | No            | 2                  | On Loan: No      |
| Cie de Saint-Gobain SA                    | Cie de Saint-Gobain SA                    | CUSIP: 000000000<br>LEI: NFONVGN05Z0FMN5PEC35 | Long             | EC               | CORP              | FR        |    217751 | NS      | $22104564.31  | 1.44%             |  |  |  | No            | 2                  | On Loan: No      |
| Ryanair Holdings PLC                      | Ryanair Holdings PLC                      | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |    278430 | NS      | $20099861.70  | 1.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd | Taiwan Semiconductor Manufacturing Co Ltd | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    165514 | NS      | $50298049.46  | 3.27%             |  |  |  | No            | 1                  | On Loan: No      |
| JP Morgan US Government Money Market Fund | JP Morgan US Government Money Market Fund | CUSIP: 4812C2270<br>LEI: 549300NQ5E5B7ZV4T516 | Long             | STIV             | RF                | US        |   9885918 | NS      | $9885918.00   | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| Waters Corp                               | Waters Corp                               | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |     40628 | NS      | $15431733.24  | 1.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Wheaton Precious Metals Corp              | Wheaton Precious Metals Corp              | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |    260734 | NS      | $30652463.11  | 1.99%             |  |  |  | No            | 1                  | On Loan: No      |
| ASML Holding NV                           | ASML Holding NV                           | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     10435 | NS      | $11154138.42  | 0.72%             |  |  |  | No            | 2                  | On Loan: No      |
| Coloplast A/S                             | Coloplast A/S                             | CUSIP: 000000000<br>LEI: 529900NN7SOJ5QG82X67 | Long             | EC               | CORP              | DK        |     58969 | NS      | $5061675.24   | 0.33%             |  |  |  | No            | 2                  | On Loan: No      |
| Cie Financiere Richemont SA               | Cie Financiere Richemont SA               | CUSIP: 000000000<br>LEI: 549300YIPGJ6UX2QPS51 | Long             | EC               | CORP              | CH        |     59865 | NS      | $12919837.42  | 0.84%             |  |  |  | No            | 2                  | On Loan: No      |
| UBS Group AG                              | UBS Group AG                              | CUSIP: 000000000<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EC               | CORP              | CH        |    694626 | NS      | $32110520.21  | 2.09%             |  |  |  | No            | 2                  | On Loan: No      |
| Assa Abloy AB                             | Assa Abloy AB                             | CUSIP: 000000000<br>LEI: 549300YECS8HKCIMMB67 | Long             | EC               | CORP              | SE        |    578169 | NS      | $22415302.53  | 1.46%             |  |  |  | No            | 2                  | On Loan: No      |
| ArcelorMittal SA                          | ArcelorMittal SA                          | CUSIP: 000000000<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | EC               | CORP              | LU        |    351885 | NS      | $16025685.16  | 1.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Sika AG                                   | Sika AG                                   | CUSIP: 000000000<br>LEI: 549300R3N69ECGYPU434 | Long             | EC               | CORP              | CH        |     51628 | NS      | $10581450.15  | 0.69%             |  |  |  | No            | 2                  | On Loan: No      |
| National Bank of Greece SA                | National Bank of Greece SA                | CUSIP: 000000000<br>LEI: 5UMCZOEYKCVFAW8ZLO05 | Long             | EC               | CORP              | GR        |    667024 | NS      | $10159852.29  | 0.66%             |  |  |  | No            | 2                  | On Loan: No      |
| Knorr-Bremse AG                           | Knorr-Bremse AG                           | CUSIP: 000000000<br>LEI: 5299001GRRO0Z25YZT52 | Long             | EC               | CORP              | DE        |     93999 | NS      | $10510994.41  | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| Alcon AG                                  | Alcon AG                                  | CUSIP: 000000000<br>LEI: 549300LDT5AP8S0NBM78 | Long             | EC               | CORP              | CH        |    160060 | NS      | $12714119.06  | 0.83%             |  |  |  | No            | 2                  | On Loan: No      |
| Sandoz Group AG                           | Sandoz Group AG                           | CUSIP: 000000000<br>LEI: 5493000JWK6XWFEUD320 | Long             | EC               | CORP              | CH        |    319317 | NS      | $23272268.01  | 1.51%             |  |  |  | No            | 2                  | On Loan: No      |
| Tenaris SA                                | Tenaris SA                                | CUSIP: 000000000<br>LEI: 549300Y7C05BKC4HZB40 | Long             | EC               | CORP              | LU        |    420787 | NS      | $8117053.67   | 0.53%             |  |  |  | No            | 2                  | On Loan: No      |
| M3 Inc                                    | M3 Inc                                    | CUSIP: 000000000<br>LEI: 3538001UOKRWIODYM055 | Long             | EC               | CORP              | JP        |    749500 | NS      | $10149882.79  | 0.66%             |  |  |  | No            | 2                  | On Loan: No      |
| London Stock Exchange Group PLC           | London Stock Exchange Group PLC           | CUSIP: 000000000<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |    194831 | NS      | $23460481.69  | 1.52%             |  |  |  | No            | 2                  | On Loan: No      |
| Schindler Holding AG                      | Schindler Holding AG                      | CUSIP: 000000000<br>LEI: 5299007DRLI319H7Q933 | Long             | EC               | CORP              | CH        |     22876 | NS      | $8621061.95   | 0.56%             |  |  |  | No            | 2                  | On Loan: No      |
| Legrand SA                                | Legrand SA                                | CUSIP: 000000000<br>LEI: 969500XXRPGD7HCAFA90 | Long             | EC               | CORP              | FR        |    283717 | NS      | $42162036.86  | 2.74%             |  |  |  | No            | 2                  | On Loan: No      |
| TotalEnergies SE                          | TotalEnergies SE                          | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    604009 | NS      | $39368019.40  | 2.56%             |  |  |  | No            | 2                  | On Loan: No      |
| Experian PLC                              | Experian PLC                              | CUSIP: 000000000<br>LEI: 635400RXXHHYT1JTSZ26 | Long             | EC               | CORP              | JE        |    497042 | NS      | $22479468.76  | 1.46%             |  |  |  | No            | 2                  | On Loan: No      |
| Galp Energia SGPS SA                      | Galp Energia SGPS SA                      | CUSIP: 000000000<br>LEI: 2138003319Y7NM75FG53 | Long             | EC               | CORP              | PT        |    278327 | NS      | $4741467.53   | 0.31%             |  |  |  | No            | 2                  | On Loan: No      |
| Symrise AG                                | Symrise AG                                | CUSIP: 000000000<br>LEI: 529900D82I6R9601CF26 | Long             | EC               | CORP              | DE        |    266160 | NS      | $21545059.87  | 1.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Aker BP ASA                               | Aker BP ASA                               | CUSIP: 000000000<br>LEI: 549300NFTY73920OYK69 | Long             | EC               | CORP              | NO        |    504941 | NS      | $12848546.50  | 0.83%             |  |  |  | No            | 2                  | On Loan: No      |
| Svenska Cellulosa AB SCA                  | Svenska Cellulosa AB SCA                  | CUSIP: 000000000<br>LEI: 549300FW5JDRV1IJ0M67 | Long             | EC               | CORP              | SE        |    784597 | NS      | $10421708.33  | 0.68%             |  |  |  | No            | 2                  | On Loan: —       |
| Reckitt Benckiser Group PLC               | Reckitt Benckiser Group PLC               | CUSIP: 000000000<br>LEI: 5493003JFSMOJG48V108 | Long             | EC               | CORP              | GB        |    145775 | NS      | $11793779.07  | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| CaixaBank SA                              | CaixaBank SA                              | CUSIP: 000000000<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | EC               | CORP              | ES        |   3282624 | NS      | $40088188.08  | 2.60%             |  |  |  | No            | 2                  | On Loan: No      |
| RELX PLC                                  | RELX PLC                                  | CUSIP: 000000000<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |    211145 | NS      | $8540448.91   | 0.55%             |  |  |  | No            | 2                  | On Loan: No      |
| Amadeus IT Group SA                       | Amadeus IT Group SA                       | CUSIP: 000000000<br>LEI: 9598004A3FTY3TEHHN09 | Long             | EC               | CORP              | ES        |    266730 | NS      | $19564303.93  | 1.27%             |  |  |  | No            | 2                  | On Loan: No      |
| Julius Baer Group Ltd                     | Julius Baer Group Ltd                     | CUSIP: 000000000<br>LEI: 5299007MF0604ZGJER92 | Long             | EC               | CORP              | CH        |    138680 | NS      | $10841817.69  | 0.70%             |  |  |  | No            | 2                  | On Loan: No      |
| Glencore PLC                              | Glencore PLC                              | CUSIP: 000000000<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | JE        |   3955327 | NS      | $21515941.99  | 1.40%             |  |  |  | No            | 2                  | On Loan: No      |
| Novonesis Novozymes B                     | Novonesis Novozymes B                     | CUSIP: 000000000<br>LEI: 529900T6WNZXD2R3JW38 | Long             | EC               | CORP              | DK        |     44481 | NS      | $2848557.35   | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| Bank of Ireland Group PLC                 | Bank of Ireland Group PLC                 | CUSIP: 000000000<br>LEI: 635400C8EK6DRI12LJ39 | Long             | EC               | CORP              | IE        |   1184870 | NS      | $22668176.30  | 1.47%             |  |  |  | No            | 2                  | On Loan: No      |
| AIB Group PLC                             | AIB Group PLC                             | CUSIP: 000000000<br>LEI: 635400AKJBGNS5WNQL34 | Long             | EC               | CORP              | IE        |   3187134 | NS      | $34247928.52  | 2.22%             |  |  |  | No            | 2                  | On Loan: No      |
| IMI PLC                                   | IMI PLC                                   | CUSIP: 000000000<br>LEI: 2138002W9Q21PF751R30 | Long             | EC               | CORP              | GB        |    698652 | NS      | $23292222.55  | 1.51%             |  |  |  | No            | 2                  | On Loan: No      |
| Croda International PLC                   | Croda International PLC                   | CUSIP: 000000000<br>LEI: 2138004WCNBFJEEOXV26 | Long             | EC               | CORP              | GB        |     85722 | NS      | $3106562.85   | 0.20%             |  |  |  | No            | 2                  | On Loan: No      |
| Dassault Systemes SE                      | Dassault Systemes SE                      | CUSIP: 000000000<br>LEI: 96950065LBWY0APQIM86 | Long             | EC               | CORP              | FR        |    584636 | NS      | $16329080.21  | 1.06%             |  |  |  | No            | 2                  | On Loan: No      |
| NatWest Group PLC                         | NatWest Group PLC                         | CUSIP: 000000000<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EC               | CORP              | GB        |   5037029 | NS      | $43932777.01  | 2.85%             |  |  |  | No            | 2                  | On Loan: No      |
| Haleon PLC                                | Haleon PLC                                | CUSIP: 000000000<br>LEI: 549300PSB3WWEODCUP19 | Long             | EC               | CORP              | GB        |   6359296 | NS      | $32127917.01  | 2.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Euronext NV                               | Euronext NV                               | CUSIP: 000000000<br>LEI: 724500QJ4QSZ3H9QU415 | Long             | EC               | CORP              | NL        |    162967 | NS      | $24460231.70  | 1.59%             |  |  |  | No            | 2                  | On Loan: No      |
| Hiscox Ltd                                | Hiscox Ltd                                | CUSIP: 000000000<br>LEI: 5493007JXOLJ0QCY2D70 | Long             | EC               | CORP              | BM        |    487191 | NS      | $9288754.56   | 0.60%             |  |  |  | No            | 2                  | On Loan: No      |
| Spirax Group PLC                          | Spirax Group PLC                          | CUSIP: 000000000<br>LEI: 213800WFVZQMHOZP2W17 | Long             | EC               | CORP              | GB        |     64313 | NS      | $5881594.10   | 0.38%             |  |  |  | No            | 2                  | On Loan: No      |
| CRH PLC                                   | CRH PLC                                   | CUSIP: 000000000<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |    189466 | NS      | $23645356.80  | 1.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Willis Towers Watson PLC                  | Willis Towers Watson PLC                  | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |     68252 | NS      | $22427607.20  | 1.46%             |  |  |  | No            | 1                  | On Loan: No      |
| JAPANESE YEN                              | JAPANESE YEN                              | CUSIP: 000000000<br>LEI: N/A                  | Long             |  |  | JP        |         3 | NS      | $0.02         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Check Point Software Technologies Ltd     | Check Point Software Technologies Ltd     | CUSIP: 000000000<br>LEI: 2549003ZVBH73EPNS513 | Long             | EC               | CORP              | IL        |     56610 | NS      | $10504551.60  | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| SWEDISH KRONA                             | SWEDISH KRONA                             | CUSIP: 000000000<br>LEI: N/A                  | Long             |  |  | SE        |        90 | NS      | $9.73         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2026-01-21

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

**Signature:** James Byrne

**Name of Signer:** James Byrne

**Title:** Assistant Treasurer