Vanguard Variable Annuity - Mid-Cap Index Portfolio

Quarter-End Holdings as of 05/31/2016

1NVIDIA Corp.0.8%
2Fiserv Inc.0.8%
3Electronic Arts Inc.0.7%
4Equinix Inc.0.7%
5Ross Stores Inc.0.7%
6Edwards Lifesciences Corp.0.7%
7Fidelity National Information Services Inc.0.7%
8Newell Brands Inc.0.7%
9Dollar Tree Inc.0.7%
10ConAgra Foods Inc.0.6%
Ten largest holdings = 7.1% of total net assets

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

Vanguard portfolio holdings disclaimer