Vanguard Variable Annuity - Mid-Cap Index Portfolio

Quarter-End Holdings as of 12/31/2016

1Equinix Inc.0.8%
2Fiserv Inc.0.7%
3Electronic Arts Inc.0.7%
4M&T Bank Corp.0.7%
5Newell Brands Inc.0.7%
6Amphenol Corp.0.6%
7Edwards Lifesciences Corp.0.6%
9Western Digital Corp.0.6%
10Concho Resources Inc.0.6%
Ten largest holdings = 6.6% of total net assets

Portfolio holdings may exclude any temporary cash investments and equity index products.

Vanguard portfolio holdings disclaimer