Separate Account VA B

FINANCIAL STATEMENTS

Transamerica Life Insurance Company

Separate Account VA B

Years Ended December 31, 2023 and 2022

Transamerica Life Insurance Company

Separate Account VA B

Financial Statements

Years Ended December 31, 2023 and 2022

Contents


Report of Independent Registered Public Accounting Firm		1

Financial Statements

Statements of Assets and Liabilities		2
Statements of Operations and Changes in Net Assets		11
Notes to Financial Statements		49

Report of Independent Registered Public Accounting Firm

To the Board of Directors of Transamerica Life Insurance Company and the Contract Owners of Separate Account VA B

Opinions on the Financial Statements

We have audited the accompanying statements of assets and liabilities of each of the subaccounts of Separate Account VA B indicated in the table below as of December 31, 2023, and the related statements of operations and changes in net assets for each of the periods indicated in the table below, including the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the subaccounts of Separate Account VA B as of December 31, 2023, and the results of each of their operations and the changes in each of their net assets for the periods indicated in the table below, in conformity with accounting principles generally accepted in the United States of America.


AB Balanced Hedged Allocation Class B Shares (1)		TA BlackRock iShares Edge 50 Service Class (1)
AB Large Cap Growth Class B Shares (1)		TA BlackRock iShares Edge 75 Service Class (1)
AB Relative Value Class B Shares (1)		TA BlackRock Real Estate Securities Initial Class (1)
American Funds - Asset Allocation Class 2 Shares (1)		TA BlackRock Real Estate Securities Service Class (1)
American Funds - Asset Allocation Class 4 Shares (1)		TA BlackRock Tactical Allocation Service Class (1)
American Funds - Growth Class 2 Shares (1)		TA Goldman Sachs 70/30 Service Class (1)
American Funds - Growth Class 4 Shares (1)		TA Goldman Sachs Managed Risk - Balanced ETF Service Class (1)
American Funds - Growth-Income Class 2 Shares (1)		TA Goldman Sachs Managed Risk - Conservative ETF Service Class (1)
American Funds - Growth-Income Class 4 Shares (1)		TA Goldman Sachs Managed Risk - Growth ETF Service Class (1)
American Funds - International Class 2 Shares (1)		TA Great Lakes Advisors Large Cap Value Service Class (1)
American Funds - International Class 4 Shares (1)		TA International Focus Initial Class (1)
American Funds - New World Class 4 Shares (1)		TA International Focus Service Class (1)
American Funds - The Bond Fund of America Class 2 Shares (1)		TA Janus Balanced Service Class (1)
American Funds - The Bond Fund of America Class 4 Shares (1)		TA Janus Mid-Cap Growth Initial Class (1)
BlackRock Basic Value V.I. Class I Shares (1)		TA Janus Mid-Cap Growth Service Class (1)
BlackRock Global Allocation V.I. Class I Shares (1)		TA JPMorgan Asset Allocation - Conservative Initial Class (1)
BlackRock High Yield V.I. Class I Shares (1)		TA JPMorgan Asset Allocation - Conservative Service Class (1)
DFA VA Equity Allocation (1)		TA JPMorgan Asset Allocation - Growth Initial Class (1)
DFA VA Global Bond (1)		TA JPMorgan Asset Allocation - Growth Service Class (1)


DFA VA Global Moderate Allocation (1)		TA JPMorgan Asset Allocation - Moderate Initial Class (1)
DFA VA International Small (1)		TA JPMorgan Asset Allocation - Moderate Service Class (1)
DFA VA International Value (1)		TA JPMorgan Asset Allocation - Moderate Growth Initial Class (1)
DFA VA Short-Term Fixed (1)		TA JPMorgan Asset Allocation - Moderate Growth Service Class (1)
DFA VA U.S. Large Value (1)		TA JPMorgan Enhanced Index Initial Class (1)
DFA VA U.S. Targeted Value (1)		TA JPMorgan Enhanced Index Service Class (1)
Fidelity® VIP Balanced Service Class 2 (1)		TA JPMorgan International Moderate Growth Initial Class (1)
Fidelity® VIP Consumer Staples Initial Class (1)		TA JPMorgan International Moderate Growth Service Class (1)
Fidelity® VIP Contrafund® Initial Class (1)		TA JPMorgan Mid Cap Value Service Class (1)
Fidelity® VIP Contrafund® Service Class 2 (1)		TA JPMorgan Tactical Allocation Service Class (1)
Fidelity® VIP Energy Service Class 2 (1)		TA Madison Diversified Income Service Class (1)
Fidelity® VIP Equity-Income Initial Class (1)		TA Market Participation Strategy Service Class (1)
Fidelity® VIP Equity-Income Service Class 2 (1)		TA Morgan Stanley Global Allocation Service Class (1)
Fidelity® VIP Growth Initial Class (1)		TA Morgan Stanley Global Allocation Managed Risk - Balanced Service Class (1)
Fidelity® VIP Growth Service Class 2 (1)		TA MSCI EAFE Index Service Class (1)
Fidelity® VIP Growth Opportunities Service Class 2 (1)		TA Multi-Managed Balanced Initial Class (1)
Fidelity® VIP Health Care Service Class 2 (1)		TA Multi-Managed Balanced Service Class (1)
Fidelity® VIP Mid Cap Initial Class (1)		TA PIMCO Tactical - Balanced Service Class (1)
Fidelity® VIP Mid Cap Service Class 2 (1)		TA PIMCO Tactical - Conservative Service Class (1)
Fidelity® VIP Technology Initial Class (1)		TA PIMCO Tactical - Growth Service Class (1)
Fidelity® VIP Utilities Initial Class (1)		TA PineBridge Inflation Opportunities Service Class (1)
Fidelity® VIP Value Strategies Initial Class (1)		TA ProFunds UltraBear Service Class (OAM) (1)
Fidelity® VIP Value Strategies Service Class 2 (1)		TA S&P 500 Index Initial Class (2)
Franklin Allocation Class 4 Shares (1)		TA S&P 500 Index Service Class (1)
Franklin Income Class 2 Shares (1)		TA Small/Mid Cap Value Initial Class (1)
Franklin Mutual Shares Class 2 Shares (1)		TA Small/Mid Cap Value Service Class (1)
Franklin Templeton Foreign Class 2 Shares (1)		TA T. Rowe Price Small Cap Initial Class (1)
Invesco V.I. American Franchise Series II Shares (1)		TA T. Rowe Price Small Cap Service Class (1)
Janus Henderson - Enterprise Service Shares (1)		TA TS&W International Equity Initial Class (1)
Janus Henderson - Global Research Service Shares (1)		TA TS&W International Equity Service Class (1)
Janus Henderson - Mid Cap Value Service Shares (1)		TA WMC US Growth Initial Class (1)
MFS® New Discovery Service Class (1)		TA WMC US Growth Service Class (1)
MFS® Total Return Service Class (1)		Vanguard® Balanced (1)


NVIT Emerging Markets Class D Shares (1)		Vanguard® Capital Growth (1)
State Street Total Return V.I.S. Class 3 Shares (1)		Vanguard® Conservative Allocation (1)
TA 60/40 Allocation Service Class (1)		Vanguard® Diversified Value (1)
TA Aegon Bond Initial Class (1)		Vanguard® Equity Income (1)
TA Aegon Bond Service Class (1)		Vanguard® Equity Index (1)
TA Aegon Core Bond Service Class (1)		Vanguard® Global Bond Index (1)
TA Aegon High Yield Bond Initial Class (1)		Vanguard® Growth (1)
TA Aegon High Yield Bond Service Class (1)		Vanguard® High Yield Bond (1)
TA Aegon Sustainable Equity Income Initial Class (1)		Vanguard® International (1)
TA Aegon Sustainable Equity Income Service Class (1)		Vanguard® Mid-Cap Index (1)
TA Aegon U.S. Government Securities Initial Class (1)		Vanguard® Moderate Allocation (1)
TA Aegon U.S. Government Securities Service Class (1)		Vanguard® Money Market (1)
TA American Funds Managed Risk - Balanced Service Class (1)		Vanguard® Real Estate Index (1)
TA BlackRock Government Money Market Initial Class (1)		Vanguard® Short-Term Investment Grade (1)
TA BlackRock Government Money Market Service Class (1)		Vanguard® Total Bond Market Index (1)
TA BlackRock iShares Active Asset Allocation - Conservative Service Class (1)		Vanguard® Total International Stock Market Index (1)
TA BlackRock iShares Active Asset Allocation - Moderate Service Class (1)		Vanguard® Total Stock Market Index (1)
TA BlackRock iShares Active Asset Allocation - Moderate Growth Service Class (1)		Voya Global Perspectives Class S Shares (1)
TA BlackRock iShares Dynamic Allocation - Balanced Service Class (1)		Voya Large Cap Value Class S Shares (1)
TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class (1)		Voya Strategic Allocation Conservative Class S Shares (1)
TA BlackRock iShares Edge 100 Service Class (1)		Voya Strategic Allocation Moderate Class S Shares (1)
TA BlackRock iShares Edge 40 Initial Class (1)		Wanger Acorn (1)
TA BlackRock iShares Edge 40 Service Class (1)		Wanger International (1)

(1) Statements of operations and changes in net assets for the years ended December 31, 2023 and 2022

(2) Statements of operations and changes in net assets for the year ended December 31, 2023 and the period May 2, 2022 (commencement of operations) through December 31, 2022

Basis for Opinions

These financial statements are the responsibility of the Transamerica Life Insurance Company management. Our responsibility is to express an opinion on the financial statements of each of the subaccounts of Separate Account VA B 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 each of the subaccounts of Separate Account VA B 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 of these financial statements 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. 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. Our procedures included confirmation of investments owned as of December 31, 2023 by correspondence with the custodian, the transfer agents, or the investee mutual funds. We believe that our audits provide a reasonable basis for our opinions.

/s/ PricewaterhouseCoopers LLP

Chicago, Illinois

April 19, 2024

We have served as the auditor of one or more of the subaccounts of Separate Account VA B since 2014.

Transamerica Life Insurance Company

Separate Account VA B

Statements of Assets and Liabilities

December 31, 2023


Subaccount	Number of Shares		Cost		Assets at Market Value		Due (to)/from General Account		Net Assets		Units Outstanding		Range of Unit Values

AB Balanced Hedged Allocation Class B Shares		7,870,756.594	$	77,704,844	$	67,924,629	$	90	$	67,924,719		18,016,973	$	1.635292	$	16.852742
AB Large Cap Growth Class B Shares		386,134.808		21,895,451		25,855,587		(119)		25,855,468		6,062,153		3.804412		27.317453
AB Relative Value Class B Shares		8,774,405.255		250,983,432		252,527,383		(281)		252,527,102		45,826,690		2.085096		27.092985
American Funds - Asset Allocation Class 2 Shares		27,858,077.724		648,765,741		655,500,569		(417)		655,500,152		117,496,772		2.232690		21.254108
American Funds - Asset Allocation Class 4 Shares		2,219,094.149		53,647,885		51,793,657		(18)		51,793,639		4,038,684		12.461898		13.311313
American Funds - Growth Class 2 Shares		9,218,829.180		814,961,141		905,289,025		90		905,289,115		40,066,362		4.212609		42.658929
American Funds - Growth Class 4 Shares		1,810,273.773		169,569,749		173,243,200		(36)		173,243,164		10,231,206		16.465873		17.587939
American Funds - Growth-Income Class 2 Shares		10,691,384.358		534,468,573		623,307,708		273		623,307,981		37,114,846		3.305881		31.687907
American Funds - Growth-Income Class 4 Shares		1,543,799.020		83,726,680		88,521,436		3		88,521,439		5,697,599		15.093529		16.122162
American Funds - International Class 2 Shares		11,631,691.428		222,991,209		202,507,748		(215)		202,507,533		30,930,665		1.265290		14.846407
American Funds - International Class 4 Shares		1,440,633.664		27,642,578		24,678,055		(7)		24,678,048		2,056,088		11.654236		12.448909
American Funds - New World Class 4 Shares		526,136.356		13,828,461		13,127,102		3		13,127,105		1,016,305		12.544628		13.399841
American Funds - The Bond Fund of America Class 2 Shares		21,888,796.544		238,605,352		205,754,688		81		205,754,769		52,481,229		0.971445		11.103262
American Funds - The Bond Fund of America Class 4 Shares		2,510,401.213		25,169,737		23,472,251		3		23,472,254		2,584,125		8.819402		9.420906
BlackRock Basic Value V.I. Class I Shares		1,398,464.201		18,729,130		18,096,127		(73)		18,096,054		4,274,831		2.995138		14.129866
BlackRock Global Allocation V.I. Class I Shares		486,336.308		8,194,988		7,932,145		(1)		7,932,144		3,100,120		2.189139		12.655777
BlackRock High Yield V.I. Class I Shares		380,283.018		2,748,416		2,601,136		13,744		2,614,880		891,751		2.344701		11.531956
DFA VA Equity Allocation		121,896.759		1,600,063		1,729,715		(2)		1,729,713		120,642		14.256504		14.371688
DFA VA Global Bond		299,605.790		3,020,538		2,909,172		(3)		2,909,169		307,925		8.975113		9.782097
DFA VA Global Moderate Allocation		47,259.730		664,369		712,677		(1)		712,676		55,338		12.778486		12.881746
DFA VA International Small		72,375.200		871,383		859,817		-		859,817		72,742		11.727949		11.822726
DFA VA International Value		81,107.325		1,059,970		1,103,871		-		1,103,871		84,288		12.997417		13.102434
DFA VA Short-Term Fixed		152,814.897		1,545,695		1,532,733		2		1,532,735		148,930		10.223773		10.306491
DFA VA U.S. Large Value		48,999.487		1,546,184		1,594,443		-		1,594,443		121,902		13.009544		13.114689
DFA VA U.S. Targeted Value		58,021.199		1,296,773		1,311,279		1		1,311,280		79,486		16.377581		16.509872
Fidelity^® VIP Balanced Service Class 2		22,026,109.510		430,753,597		474,442,399		(192)		474,442,207		82,360,131		2.261069		24.915907
Fidelity^® VIP Consumer Staples Initial Class		265,088.692		5,173,296		5,142,721		1		5,142,722		377,482		13.196877		14.096213
Fidelity^® VIP Contrafund^® Initial Class		1,969.619		85,745		95,783		34		95,817		13,437		3.605780		33.800843
Fidelity^® VIP Contrafund^® Service Class 2		17,468,826.025		684,380,902		818,065,123		57		818,065,180		85,312,133		2.910688		33.166784
Fidelity^® VIP Energy Service Class 2		716,429.975		17,458,922		17,617,013		(1)		17,617,012		667,690		25.676282		27.424583
Fidelity^® VIP Equity-Income Initial Class		2,151.061		46,958		53,454		(3)		53,451		19,236		2.486591		16.451829
Fidelity^® VIP Equity-Income Service Class 2		1,270,067.701		27,347,558		30,367,319		191		30,367,510		10,178,460		1.935979		16.472590


See accompanying notes.		2

Transamerica Life Insurance Company

Separate Account VA B

Statements of Assets and Liabilities

December 31, 2023


Subaccount	Number of Shares		Cost		Assets at Market Value		Due (to)/from General Account		Net Assets		Units Outstanding		Range of Unit Values

Fidelity^® VIP Growth Initial Class		333.669	$	23,971	$	31,065	$	42	$	31,107		6,146	$	4.887747	$	30.856555
Fidelity^® VIP Growth Service Class 2		388,224.574		29,780,311		34,909,154		82		34,909,236		7,797,178		3.802464		29.399386
Fidelity^® VIP Growth Opportunities Service Class 2		48,960.945		2,218,385		2,839,245		64		2,839,309		512,379		4.160463		32.335832
Fidelity^® VIP Health Care Service Class 2		481,459.597		16,368,202		16,350,368		-		16,350,368		1,414,284		11.226340		11.991896
Fidelity^® VIP Mid Cap Initial Class		1,586.874		55,469		57,826		(1)		57,825		8,182		2.522781		25.478836
Fidelity^® VIP Mid Cap Service Class 2		9,821,279.343		327,675,408		340,700,180		(415)		340,699,765		42,354,398		2.303531		24.998404
Fidelity^® VIP Technology Initial Class		1,359,519.928		38,348,310		43,654,185		16		43,654,201		2,212,243		19.191988		20.499530
Fidelity^® VIP Utilities Initial Class		274,190.943		5,627,325		5,546,883		1		5,546,884		413,908		13.011026		13.897945
Fidelity^® VIP Value Strategies Initial Class		30,664.616		455,938		507,499		(4)		507,495		68,984		2.982343		27.144957
Fidelity^® VIP Value Strategies Service Class 2		14,441,789.082		218,193,377		241,899,967		29		241,899,996		32,815,104		0.628920		26.625203
Franklin Allocation Class 4 Shares		9,211,310.284		52,072,169		46,977,682		(215)		46,977,467		19,249,639		1.682378		13.050727
Franklin Income Class 2 Shares		2,431,297.763		36,065,842		34,524,428		(99)		34,524,329		19,220,833		1.498521		13.466560
Franklin Mutual Shares Class 2 Shares		580,491.633		9,859,006		8,898,937		56		8,898,993		5,237,841		1.444693		13.049913
Franklin Templeton Foreign Class 2 Shares		897,186.215		12,410,296		12,775,932		280		12,776,212		11,511,406		0.965513		11.688819
Invesco V.I. American Franchise Series II Shares		101,125.075		5,526,935		5,380,865		112		5,380,977		1,598,373		3.006592		23.034725
Janus Henderson - Enterprise Service Shares		249,837.617		16,232,715		17,081,398		(233)		17,081,165		4,510,553		2.519268		21.118645
Janus Henderson - Global Research Service Shares		317,126.135		13,467,126		18,716,784		50		18,716,834		8,973,319		1.571046		19.727598
Janus Henderson - Mid Cap Value Service Shares		154,764.092		2,380,039		2,587,656		(23)		2,587,633		783,877		2.097517		14.282256
MFS^® New Discovery Service Class		2,645,093.900		38,843,141		26,715,448		121		26,715,569		6,929,860		2.349259		18.788057
MFS^® Total Return Service Class		1,233,335.655		28,123,944		27,972,053		63		27,972,116		11,473,096		1.722826		14.330566
NVIT Emerging Markets Class D Shares		273.750		2,799		2,828		-		2,828		260		9.581938		11.156634
State Street Total Return V.I.S. Class 3 Shares		2,633,261.703		40,561,694		38,814,278		(31)		38,814,247		12,717,631		1.495392		16.164926
TA 60/40 Allocation Service Class		5,268,057.040		62,456,633		66,957,005		38		66,957,043		9,646,407		1.319398		14.594290
TA Aegon Bond Initial Class		11,054,349.844		124,756,544		107,006,106		262		107,006,368		71,069,764		1.011209		10.031768
TA Aegon Bond Service Class		46,646,861.419		526,708,438		447,343,401		(87)		447,343,314		175,074,608		1.003891		10.732824
TA Aegon Core Bond Service Class		19,211,346.531		264,091,013		228,615,024		(18)		228,615,006		46,606,096		0.950132		11.026639
TA Aegon High Yield Bond Initial Class		6,710,857.750		49,185,943		45,902,267		(38)		45,902,229		18,257,942		1.373687		14.639924
TA Aegon High Yield Bond Service Class		16,213,575.906		120,723,032		113,332,896		29		113,332,925		18,852,746		1.546084		14.263697
TA Aegon Sustainable Equity Income Initial Class		9,881,318.878		192,318,044		180,432,883		237		180,433,120		64,615,663		1.354898		18.922691
TA Aegon Sustainable Equity Income Service Class		5,730,608.707		106,699,381		104,927,445		156		104,927,601		22,043,089		1.426323		18.422818
TA Aegon U.S. Government Securities Initial Class		5,225,477.117		54,739,942		47,656,351		122		47,656,473		33,391,333		0.906547		9.731883
TA Aegon U.S. Government Securities Service Class		21,742,145.310		222,597,780		205,898,116		(257)		205,897,859		60,628,418		0.919644		10.120997


See accompanying notes.		3

Transamerica Life Insurance Company

Separate Account VA B

Statements of Assets and Liabilities

December 31, 2023


Subaccount	Number of Shares		Cost		Assets at Market Value		Due (to)/from General Account		Net Assets		Units Outstanding		Range of Unit Values

TA American Funds Managed Risk - Balanced Service Class		76,351,861.578	$	850,778,127	$	820,782,512	$	(729)	$	820,781,783		61,208,733	$	11.879577	$	14.690406
TA BlackRock Government Money Market Initial Class		114,069,731.943		114,069,729		114,069,732		(508)		114,069,224		108,159,167		0.768317		10.151504
TA BlackRock Government Money Market Service Class		581,966,113.250		581,966,109		581,966,113		(2,939)		581,963,174		180,173,519		0.753472		10.587191
TA BlackRock iShares Active Asset Allocation - Conservative Service Class		22,878,937.261		232,346,112		204,995,278		(162)		204,995,116		68,586,058		1.070612		13.116785
TA BlackRock iShares Active Asset Allocation - Moderate Service Class		88,381,780.546		956,529,948		869,676,721		135		869,676,856		204,356,201		1.125575		13.368993
TA BlackRock iShares Active Asset Allocation - Moderate Growth Service Class		29,641,604.710		314,819,556		305,012,112		(64)		305,012,048		94,540,924		1.077978		13.237903
TA BlackRock iShares Dynamic Allocation - Balanced Service Class		64,146,522.097		744,599,864		674,821,412		4		674,821,416		118,403,453		1.086129		13.568802
TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class		25,916,115.172		315,207,422		302,181,903		(207)		302,181,696		54,614,693		1.276368		14.995669
TA BlackRock iShares Edge 100 Service Class		4,593,771.440		63,706,243		61,143,098		13		61,143,111		3,467,968		14.578515		18.966529
TA BlackRock iShares Edge 40 Initial Class		1,712,039.392		16,018,911		14,792,020		177		14,792,197		7,868,866		1.332646		12.163650
TA BlackRock iShares Edge 40 Service Class		22,273,914.918		206,605,200		190,887,451		(49)		190,887,402		65,038,595		1.087828		13.841157
TA BlackRock iShares Edge 50 Service Class		31,454,187.927		393,312,946		399,153,645		32		399,153,677		30,068,075		11.609922		14.280438
TA BlackRock iShares Edge 75 Service Class		9,769,207.809		134,536,877		134,912,760		63		134,912,823		8,896,991		13.078709		16.421787
TA BlackRock Real Estate Securities Initial Class		2,429,915.858		26,491,826		23,618,782		181		23,618,963		8,434,560		1.118940		12.895469
TA BlackRock Real Estate Securities Service Class		6,307,000.453		72,844,434		65,908,155		(151)		65,908,004		15,474,501		1.055470		12.573244
TA BlackRock Tactical Allocation Service Class		61,112,306.135		911,318,957		821,349,394		231		821,349,625		205,309,701		1.412931		16.692741
TA Goldman Sachs 70/30 Service Class		340,536.001		4,155,966		4,086,432		(1)		4,086,431		308,297		12.852365		13.728335
TA Goldman Sachs Managed Risk - Balanced ETF Service Class		334,353,748.293		3,889,541,967		3,804,945,656		(504)		3,804,945,152		705,336,234		1.184796		15.144064
TA Goldman Sachs Managed Risk - Conservative ETF Service Class		37,040,280.807		446,142,805		417,073,562		(614)		417,072,948		123,760,034		1.139297		13.760012
TA Goldman Sachs Managed Risk - Growth ETF Service Class		165,998,032.871		1,649,933,925		1,719,739,621		(212)		1,719,739,409		431,747,039		1.440414		17.701047
TA Great Lakes Advisors Large Cap Value Service Class		4,432,344.755		51,883,020		53,852,989		(12)		53,852,977		6,230,632		1.282442		14.185512
TA International Focus Initial Class		6,750,033.897		56,823,645		58,522,794		(182)		58,522,612		29,055,745		1.517543		16.374728
TA International Focus Service Class		10,397,191.442		85,835,091		87,960,240		(201)		87,960,039		13,632,374		1.303352		15.963993
TA Janus Balanced Service Class		52,132,251.251		823,102,006		829,945,440		180		829,945,620		118,324,209		1.779441		21.673820
TA Janus Mid-Cap Growth Initial Class		2,157,527.750		75,833,564		65,869,322		(7)		65,869,315		22,651,450		2.324810		26.224668
TA Janus Mid-Cap Growth Service Class		6,300,803.700		210,147,903		174,973,319		102		174,973,421		14,077,641		2.253246		25.551485
TA JPMorgan Asset Allocation - Conservative Initial Class		12,408,497.908		123,625,305		106,961,252		(25)		106,961,227		56,487,638		1.350233		12.018224


See accompanying notes.		4

Transamerica Life Insurance Company

Separate Account VA B

Statements of Assets and Liabilities

December 31, 2023


Subaccount	Number of Shares		Cost		Assets at Market Value		Due (to)/from General Account		Net Assets		Units Outstanding		Range of Unit Values

TA JPMorgan Asset Allocation - Conservative Service Class		72,287,119.577	$	717,201,505	$	613,717,645	$	156	$	613,717,801		191,784,502	$	1.204999	$	13.838854
TA JPMorgan Asset Allocation - Growth Initial Class		21,796,308.736		249,078,511		225,809,759		9		225,809,768		72,743,188		2.111812		17.862436
TA JPMorgan Asset Allocation - Growth Service Class		21,371,575.327		235,952,752		217,776,353		(137)		217,776,216		35,529,741		1.743137		23.038907
TA JPMorgan Asset Allocation - Moderate Initial Class		24,545,277.183		277,290,388		251,589,091		(137)		251,588,954		114,464,373		1.536827		13.149787
TA JPMorgan Asset Allocation - Moderate Service Class		439,692,708.417		4,945,816,794		4,423,308,647		(221)		4,423,308,426		890,382,625		1.361129		15.685581
TA JPMorgan Asset Allocation - Moderate Growth Initial Class		36,329,929.993		416,951,713		366,205,694		104		366,205,798		143,190,859		1.776391		14.835776
TA JPMorgan Asset Allocation - Moderate Growth Service Class		234,116,425.453		2,658,955,822		2,308,387,955		225		2,308,388,180		628,743,570		1.496664		18.355766
TA JPMorgan Enhanced Index Initial Class		5,697,378.566		126,642,671		136,224,322		52		136,224,374		27,270,068		3.223483		34.991739
TA JPMorgan Enhanced Index Service Class		4,759,027.761		106,103,499		113,074,500		41		113,074,541		6,399,004		3.002066		34.112447
TA JPMorgan International Moderate Growth Initial Class		11,908.138		108,899		109,079		1		109,080		67,831		1.608116		13.038950
TA JPMorgan International Moderate Growth Service Class		39,026,410.741		375,783,961		353,189,017		(28)		353,188,989		150,392,538		1.058190		14.353042
TA JPMorgan Mid Cap Value Service Class		15,675,923.637		234,790,157		220,560,246		(195)		220,560,051		26,043,791		1.902943		24.024372
TA JPMorgan Tactical Allocation Service Class		68,726,569.490		1,022,002,266		905,816,186		(98)		905,816,088		166,578,106		1.196277		13.860218
TA Madison Diversified Income Service Class		11,280,784.179		143,694,803		123,863,010		74		123,863,084		26,990,453		1.416933		14.912392
TA Market Participation Strategy Service Class		30,157,448.288		339,982,424		301,574,483		(37)		301,574,446		47,725,398		1.636081		19.294440
TA Morgan Stanley Global Allocation Service Class		60,904,425.509		840,930,738		774,704,292		230		774,704,522		232,865,808		1.448098		16.281555
TA Morgan Stanley Global Allocation Managed Risk - Balanced Service Class		31,881,187.865		275,434,053		207,865,345		(43)		207,865,302		19,582,608		9.570519		11.661376
TA MSCI EAFE Index Service Class		5,046,807.803		56,837,669		63,337,438		(14)		63,337,424		4,983,030		11.691179		13.599283
TA Multi-Managed Balanced Initial Class		5,844,433.293		90,905,532		89,828,940		(222)		89,828,718		24,814,436		2.388939		16.472399
TA Multi-Managed Balanced Service Class		70,974,918.636		1,039,504,050		1,057,526,288		213		1,057,526,501		120,743,587		1.866154		22.435006
TA PIMCO Tactical - Balanced Service Class		34,858,892.477		396,099,766		333,251,012		(201)		333,250,811		82,260,254		1.105222		14.548618
TA PIMCO Tactical - Conservative Service Class		16,998,080.065		192,298,773		161,481,761		(386)		161,481,375		35,910,998		1.032705		13.917789
TA PIMCO Tactical - Growth Service Class		22,561,038.601		248,628,556		216,585,971		270		216,586,241		38,954,245		1.183201		16.331736
TA PineBridge Inflation Opportunities Service Class		11,401,144.318		120,741,401		112,871,329		164		112,871,493		45,699,541		0.946684		11.078227
TA ProFunds UltraBear Service Class (OAM)		2,450,305.572		29,098,769		20,288,530		(1,177,900)		19,110,630		3,554,473,268		0.004987		0.923383
TA S&P 500 Index Initial Class		85,741.454		1,524,459		1,726,833		-		1,726,833		146,427		1.165155		11.813132
TA S&P 500 Index Service Class		24,529,125.464		397,068,659		490,582,509		122		490,582,631		24,637,916		18.331511		21.322298
TA Small/Mid Cap Value Initial Class		4,672,197.640		89,024,939		88,584,867		29		88,584,896		10,492,387		2.533982		25.625611
TA Small/Mid Cap Value Service Class		9,762,149.530		178,310,920		177,183,014		(86)		177,182,928		17,657,069		2.455713		24.967326
TA T. Rowe Price Small Cap Initial Class		9,216,515.791		127,678,742		104,976,115		(86)		104,976,029		25,171,218		2.985033		29.413306
TA T. Rowe Price Small Cap Service Class		33,634,221.545		404,640,338		329,615,371		147		329,615,518		22,191,634		2.892752		28.651485
TA TS&W International Equity Initial Class		4,683,548.924		63,340,136		67,677,282		(29)		67,677,253		29,017,224		1.302661		15.803996


See accompanying notes.		5

Transamerica Life Insurance Company

Separate Account VA B

Statements of Assets and Liabilities

December 31, 2023


Subaccount	Number of Shares		Cost		Assets at Market Value		Due (to)/from General Account		Net Assets		Units Outstanding		Range of Unit Values

TA TS&W International Equity Service Class		3,672,987.232	$	48,760,770	$	52,560,447	$	8	$	52,560,455		7,954,315	$	1.083491	$	15.399228
TA WMC US Growth Initial Class		18,067,720.470		598,907,680		647,727,779		18		647,727,797		156,448,883		3.334771		41.229422
TA WMC US Growth Service Class		21,882,138.109		668,210,860		743,992,696		102		743,992,798		41,563,604		3.098113		40.153191
Vanguard^® Balanced		1,546,970.530		36,226,002		36,028,944		(14)		36,028,930		2,955,856		11.736965		12.791982
Vanguard^® Capital Growth		75,177.879		3,221,483		3,486,750		4		3,486,754		228,569		15.150315		15.272770
Vanguard^® Conservative Allocation		516,659.703		13,335,488		12,627,163		(2)		12,627,161		1,173,487		10.310316		11.237319
Vanguard^® Diversified Value		174,080.351		2,673,009		2,720,876		-		2,720,876		176,996		15.261503		15.384793
Vanguard^® Equity Income		118,065.445		2,817,853		2,822,945		-		2,822,945		205,204		13.651698		13.762019
Vanguard^® Equity Index		280,850.203		15,341,382		17,100,969		3		17,100,972		652,810		3.867021		34.464763
Vanguard^® Global Bond Index		56,898.185		1,128,647		1,058,306		(2)		1,058,304		110,531		9.511841		9.588721
Vanguard^® Growth		194,167.349		5,202,457		4,920,201		-		4,920,201		315,507		15.487862		15.613016
Vanguard^® High Yield Bond		289,494.364		2,065,994		2,133,573		1		2,133,574		194,541		10.880760		10.968710
Vanguard^® International		312,028.797		9,011,123		7,666,548		(5)		7,666,543		510,420		1.968209		21.445777
Vanguard^® Mid-Cap Index		1,012,187.129		24,100,869		24,221,638		(13)		24,221,625		960,505		2.956061		27.337631
Vanguard^® Moderate Allocation		888,885.282		26,514,748		25,875,451		(6)		25,875,445		2,219,257		11.070833		12.066049
Vanguard^® Money Market		7,964,519.720		7,964,520		7,964,520		(86)		7,964,434		750,806		10.524469		10.609631
Vanguard^® Real Estate Index		307,045.698		4,025,040		3,659,985		11		3,659,996		242,404		1.981062		17.133292
Vanguard^® Short-Term Investment Grade		1,320,794.765		13,488,789		13,617,394		19		13,617,413		1,369,424		1.133353		11.496503
Vanguard^® Total Bond Market Index		1,284,928.916		14,476,540		13,658,794		(4)		13,658,790		1,324,563		1.124904		10.853028
Vanguard^® Total International Stock Market Index		304,531.713		6,392,669		6,422,574		-		6,422,574		551,380		11.565263		11.658737
Vanguard^® Total Stock Market Index		353,850.429		17,205,100		17,497,904		3		17,497,907		1,151,870		15.094109		15.216090
Voya Global Perspectives Class S Shares		1,824.486		18,867		15,362		-		15,362		1,245		11.458777		12.522538
Voya Large Cap Value Class S Shares		272.889		1,877		1,490		1		1,491		82		16.849452		18.137510
Voya Strategic Allocation Conservative Class S Shares		-		-		-		-		-		-		11.436687		12.310962
Voya Strategic Allocation Moderate Class S Shares		-		-		-		-		-		-		13.022910		14.018501
Wanger Acorn		-		-		-		-		-		-		2.833495		23.535052
Wanger International		8,331.730		210,867		169,801		-		169,801		22,363		1.603107		14.913446


See accompanying notes.		6

Transamerica Life Insurance Company

Separate Account VA B

Statements of Assets and Liabilities

December 31, 2023


Subaccount	Net Assets Representing: Accumulation Units		Net Assets Representing: Contracts in Payout (Annuitization) Period		Total Net Assets

AB Balanced Hedged Allocation Class B Shares	$	67,911,951	$	12,768	$	67,924,719
AB Large Cap Growth Class B Shares		25,672,307		183,161		25,855,468
AB Relative Value Class B Shares		246,137,796		6,389,306		252,527,102
American Funds - Asset Allocation Class 2 Shares		655,310,592		189,560		655,500,152
American Funds - Asset Allocation Class 4 Shares		51,793,639		-		51,793,639
American Funds - Growth Class 2 Shares		904,993,835		295,280		905,289,115
American Funds - Growth Class 4 Shares		173,243,164		-		173,243,164
American Funds - Growth-Income Class 2 Shares		623,190,017		117,964		623,307,981
American Funds - Growth-Income Class 4 Shares		88,521,439		-		88,521,439
American Funds - International Class 2 Shares		202,492,357		15,176		202,507,533
American Funds - International Class 4 Shares		24,678,048		-		24,678,048
American Funds - New World Class 4 Shares		13,127,105		-		13,127,105
American Funds - The Bond Fund of America Class 2 Shares		205,686,437		68,332		205,754,769
American Funds - The Bond Fund of America Class 4 Shares		23,472,254		-		23,472,254
BlackRock Basic Value V.I. Class I Shares		16,766,749		1,329,305		18,096,054
BlackRock Global Allocation V.I. Class I Shares		7,391,928		540,216		7,932,144
BlackRock High Yield V.I. Class I Shares		2,508,962		105,918		2,614,880
DFA VA Equity Allocation		1,729,713		-		1,729,713
DFA VA Global Bond		2,909,169		-		2,909,169
DFA VA Global Moderate Allocation		712,676		-		712,676
DFA VA International Small		859,817		-		859,817
DFA VA International Value		1,103,871		-		1,103,871
DFA VA Short-Term Fixed		1,532,735		-		1,532,735
DFA VA U.S. Large Value		1,594,443		-		1,594,443
DFA VA U.S. Targeted Value		1,311,280		-		1,311,280
Fidelity^® VIP Balanced Service Class 2		474,086,112		356,095		474,442,207
Fidelity^® VIP Consumer Staples Initial Class		5,142,722		-		5,142,722
Fidelity^® VIP Contrafund^® Initial Class		95,817		-		95,817
Fidelity^® VIP Contrafund^® Service Class 2		800,624,021		17,441,159		818,065,180
Fidelity^® VIP Energy Service Class 2		17,617,012		-		17,617,012
Fidelity^® VIP Equity-Income Initial Class		53,451		-		53,451
Fidelity^® VIP Equity-Income Service Class 2		30,021,855		345,655		30,367,510
Fidelity^® VIP Growth Initial Class		31,107		-		31,107
Fidelity^® VIP Growth Service Class 2		34,195,160		714,076		34,909,236
Fidelity^® VIP Growth Opportunities Service Class 2		2,652,605		186,704		2,839,309
Fidelity^® VIP Health Care Service Class 2		16,350,368		-		16,350,368
Fidelity^® VIP Mid Cap Initial Class		57,825		-		57,825
Fidelity^® VIP Mid Cap Service Class 2		334,962,023		5,737,742		340,699,765
Fidelity^® VIP Technology Initial Class		43,654,201		-		43,654,201
Fidelity^® VIP Utilities Initial Class		5,546,884		-		5,546,884
Fidelity^® VIP Value Strategies Initial Class		430,150		77,345		507,495


See accompanying notes.		7

Transamerica Life Insurance Company

Separate Account VA B

Statements of Assets and Liabilities

December 31, 2023


Subaccount	Net Assets Representing: Accumulation Units		Net Assets Representing: Contracts in Payout (Annuitization) Period		Total Net Assets

Fidelity^® VIP Value Strategies Service Class 2	$	237,597,255	$	4,302,741	$	241,899,996
Franklin Allocation Class 4 Shares		46,977,467		-		46,977,467
Franklin Income Class 2 Shares		34,244,893		279,436		34,524,329
Franklin Mutual Shares Class 2 Shares		8,885,196		13,797		8,898,993
Franklin Templeton Foreign Class 2 Shares		12,646,643		129,569		12,776,212
Invesco V.I. American Franchise Series II Shares		5,334,675		46,302		5,380,977
Janus Henderson - Enterprise Service Shares		16,730,388		350,777		17,081,165
Janus Henderson - Global Research Service Shares		18,488,739		228,095		18,716,834
Janus Henderson - Mid Cap Value Service Shares		2,578,660		8,973		2,587,633
MFS^® New Discovery Service Class		26,445,459		270,110		26,715,569
MFS^® Total Return Service Class		27,686,001		286,115		27,972,116
NVIT Emerging Markets Class D Shares		2,828		-		2,828
State Street Total Return V.I.S. Class 3 Shares		38,756,354		57,893		38,814,247
TA 60/40 Allocation Service Class		66,957,043		-		66,957,043
TA Aegon Bond Initial Class		96,300,574		10,705,794		107,006,368
TA Aegon Bond Service Class		446,671,794		671,520		447,343,314
TA Aegon Core Bond Service Class		228,565,739		49,267		228,615,006
TA Aegon High Yield Bond Initial Class		43,748,796		2,153,433		45,902,229
TA Aegon High Yield Bond Service Class		113,172,819		160,106		113,332,925
TA Aegon Sustainable Equity Income Initial Class		173,999,349		6,433,771		180,433,120
TA Aegon Sustainable Equity Income Service Class		104,836,132		91,469		104,927,601
TA Aegon U.S. Government Securities Initial Class		40,754,569		6,901,904		47,656,473
TA Aegon U.S. Government Securities Service Class		205,251,735		646,124		205,897,859
TA American Funds Managed Risk - Balanced Service Class		820,781,783		-		820,781,783
TA BlackRock Government Money Market Initial Class		99,078,146		14,991,078		114,069,224
TA BlackRock Government Money Market Service Class		581,721,823		241,351		581,963,174
TA BlackRock iShares Active Asset Allocation - Conservative Service Class		204,856,040		139,076		204,995,116
TA BlackRock iShares Active Asset Allocation - Moderate Service Class		869,390,633		286,223		869,676,856
TA BlackRock iShares Active Asset Allocation - Moderate Growth Service Class		304,678,514		333,534		305,012,048
TA BlackRock iShares Dynamic Allocation - Balanced Service Class		674,438,518		382,898		674,821,416
TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class		302,165,178		16,518		302,181,696
TA BlackRock iShares Edge 100 Service Class		61,143,111		-		61,143,111
TA BlackRock iShares Edge 40 Initial Class		13,661,435		1,130,762		14,792,197
TA BlackRock iShares Edge 40 Service Class		190,576,056		311,346		190,887,402
TA BlackRock iShares Edge 50 Service Class		399,153,677		-		399,153,677
TA BlackRock iShares Edge 75 Service Class		134,912,823		-		134,912,823
TA BlackRock Real Estate Securities Initial Class		22,476,003		1,142,960		23,618,963
TA BlackRock Real Estate Securities Service Class		65,812,824		95,180		65,908,004
TA BlackRock Tactical Allocation Service Class		814,710,732		6,638,893		821,349,625
TA Goldman Sachs 70/30 Service Class		4,086,431		-		4,086,431
TA Goldman Sachs Managed Risk - Balanced ETF Service Class		3,801,075,903		3,869,249		3,804,945,152


See accompanying notes.		8

Transamerica Life Insurance Company

Separate Account VA B

Statements of Assets and Liabilities

December 31, 2023


Subaccount	Net Assets Representing: Accumulation Units		Net Assets Representing: Contracts in Payout (Annuitization) Period		Total Net Assets

TA Goldman Sachs Managed Risk - Conservative ETF Service Class	$	416,351,102	$	721,846	$	417,072,948
TA Goldman Sachs Managed Risk - Growth ETF Service Class		1,717,838,556		1,900,853		1,719,739,409
TA Great Lakes Advisors Large Cap Value Service Class		53,852,977		-		53,852,977
TA International Focus Initial Class		56,372,607		2,150,005		58,522,612
TA International Focus Service Class		87,939,326		20,713		87,960,039
TA Janus Balanced Service Class		829,889,454		56,166		829,945,620
TA Janus Mid-Cap Growth Initial Class		62,429,098		3,440,217		65,869,315
TA Janus Mid-Cap Growth Service Class		174,938,171		35,250		174,973,421
TA JPMorgan Asset Allocation - Conservative Initial Class		95,305,251		11,655,976		106,961,227
TA JPMorgan Asset Allocation - Conservative Service Class		612,199,681		1,518,120		613,717,801
TA JPMorgan Asset Allocation - Growth Initial Class		208,690,466		17,119,302		225,809,768
TA JPMorgan Asset Allocation - Growth Service Class		217,774,800		1,416		217,776,216
TA JPMorgan Asset Allocation - Moderate Initial Class		227,159,313		24,429,641		251,588,954
TA JPMorgan Asset Allocation - Moderate Service Class		4,421,432,203		1,876,223		4,423,308,426
TA JPMorgan Asset Allocation - Moderate Growth Initial Class		341,644,085		24,561,713		366,205,798
TA JPMorgan Asset Allocation - Moderate Growth Service Class		2,305,029,365		3,358,815		2,308,388,180
TA JPMorgan Enhanced Index Initial Class		125,689,341		10,535,033		136,224,374
TA JPMorgan Enhanced Index Service Class		113,074,541		-		113,074,541
TA JPMorgan International Moderate Growth Initial Class		109,080		-		109,080
TA JPMorgan International Moderate Growth Service Class		352,454,780		734,209		353,188,989
TA JPMorgan Mid Cap Value Service Class		218,748,554		1,811,497		220,560,051
TA JPMorgan Tactical Allocation Service Class		905,581,483		234,605		905,816,088
TA Madison Diversified Income Service Class		123,728,885		134,199		123,863,084
TA Market Participation Strategy Service Class		301,523,268		51,178		301,574,446
TA Morgan Stanley Global Allocation Service Class		772,166,542		2,537,980		774,704,522
TA Morgan Stanley Global Allocation Managed Risk - Balanced Service Class		207,865,302		-		207,865,302
TA MSCI EAFE Index Service Class		63,337,424		-		63,337,424
TA Multi-Managed Balanced Initial Class		84,701,334		5,127,384		89,828,718
TA Multi-Managed Balanced Service Class		1,057,081,657		444,844		1,057,526,501
TA PIMCO Tactical - Balanced Service Class		333,184,594		66,217		333,250,811
TA PIMCO Tactical - Conservative Service Class		161,389,465		91,910		161,481,375
TA PIMCO Tactical - Growth Service Class		216,537,870		48,371		216,586,241
TA PineBridge Inflation Opportunities Service Class		112,734,908		136,585		112,871,493
TA ProFunds UltraBear Service Class (OAM)		19,100,186		10,444		19,110,630
TA S&P 500 Index Initial Class		1,726,833		-		1,726,833
TA S&P 500 Index Service Class		490,582,631		-		490,582,631
TA Small/Mid Cap Value Initial Class		85,109,518		3,475,378		88,584,896
TA Small/Mid Cap Value Service Class		177,164,582		18,346		177,182,928
TA T. Rowe Price Small Cap Initial Class		99,522,376		5,453,653		104,976,029
TA T. Rowe Price Small Cap Service Class		329,506,250		109,268		329,615,518
TA TS&W International Equity Initial Class		64,229,719		3,447,534		67,677,253


See accompanying notes.		9

Transamerica Life Insurance Company

Separate Account VA B

Statements of Assets and Liabilities

December 31, 2023


Subaccount	Net Assets Representing: Accumulation Units		Net Assets Representing: Contracts in Payout (Annuitization) Period		Total Net Assets

TA TS&W International Equity Service Class	$	52,503,405	$	57,050	$	52,560,455
TA WMC US Growth Initial Class		598,396,286		49,331,511		647,727,797
TA WMC US Growth Service Class		743,723,934		268,864		743,992,798
Vanguard^® Balanced		36,028,930		-		36,028,930
Vanguard^® Capital Growth		3,486,754		-		3,486,754
Vanguard^® Conservative Allocation		12,627,161		-		12,627,161
Vanguard^® Diversified Value		2,720,876		-		2,720,876
Vanguard^® Equity Income		2,822,945		-		2,822,945
Vanguard^® Equity Index		16,982,960		118,012		17,100,972
Vanguard^® Global Bond Index		1,058,304		-		1,058,304
Vanguard^® Growth		4,920,201		-		4,920,201
Vanguard^® High Yield Bond		2,133,574		-		2,133,574
Vanguard^® International		7,666,543		-		7,666,543
Vanguard^® Mid-Cap Index		24,221,625		-		24,221,625
Vanguard^® Moderate Allocation		25,875,445		-		25,875,445
Vanguard^® Money Market		7,964,434		-		7,964,434
Vanguard^® Real Estate Index		3,641,117		18,879		3,659,996
Vanguard^® Short-Term Investment Grade		13,513,885		103,528		13,617,413
Vanguard^® Total Bond Market Index		13,658,790		-		13,658,790
Vanguard^® Total International Stock Market Index		6,422,574		-		6,422,574
Vanguard^® Total Stock Market Index		17,497,907		-		17,497,907
Voya Global Perspectives Class S Shares		15,362		-		15,362
Voya Large Cap Value Class S Shares		1,491		-		1,491
Voya Strategic Allocation Conservative Class S Shares		-		-		-
Voya Strategic Allocation Moderate Class S Shares		-		-		-
Wanger Acorn		-		-		-
Wanger International		169,801		-		169,801


See accompanying notes.		10

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	AB Balanced Hedged Allocation Class B Shares Subaccount			AB Large Cap Growth Class B Shares Subaccount			AB Relative Value Class B Shares Subaccount			American Funds - Asset Allocation Class 2 Shares Subaccount

Net Assets as of December 31, 2021:	$	97,949,715		$	35,215,505		$	277,963,317		$	871,352,808


Investment Income:
Reinvested Dividends		2,417,256			-			2,809,626			13,264,610
Investment Expense:
Mortality and Expense Risk and Administrative Charges		1,238,776			386,111			3,663,074			11,859,725

Net Investment Income (Loss)		1,178,480			(386,111	)		(853,448	)		1,404,885

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		7,874,755			3,306,549			41,630,243			75,587,138
Realized Gain (Loss) on Investments		(1,600,214	)		1,139,553			2,429,091			10,392,564

Net Realized Capital Gains (Losses) on Investments		6,274,541			4,446,102			44,059,334			85,979,702
Net Change in Unrealized Appreciation (Depreciation)		(26,554,088	)		(14,220,395	)		(59,491,558	)		(213,456,688	)

Net Gain (Loss) on Investment		(20,279,547	)		(9,774,293	)		(15,432,224	)		(127,476,986	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(19,101,067	)		(10,160,404	)		(16,285,672	)		(126,072,101	)


Increase (Decrease) in Net Assets from Contract Transactions		(10,627,601	)		(3,456,874	)		(7,959,328	)		(86,454,859	)


Total Increase (Decrease) in Net Assets		(29,728,668	)		(13,617,278	)		(24,245,000	)		(212,526,960	)


Net Assets as of December 31, 2022:	$	68,221,047		$	21,598,227		$	253,718,317		$	658,825,848


Investment Income:
Reinvested Dividends		615,416			-			3,129,051			14,052,688
Investment Expense:
Mortality and Expense Risk and Administrative Charges		1,046,034			354,650			3,505,782			10,596,629

Net Investment Income (Loss)		(430,618	)		(354,650	)		(376,731	)		3,456,059

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		3,526,168			1,745,324			19,765,006			25,349,206
Realized Gain (Loss) on Investments		(3,186,866	)		678,748			(2,420,275	)		77,731

Net Realized Capital Gains (Losses) on Investments		339,302			2,424,072			17,344,731			25,426,937
Net Change in Unrealized Appreciation (Depreciation)		7,071,091			4,657,524			6,813,241			46,416,344

Net Gain (Loss) on Investment		7,410,393			7,081,596			24,157,972			71,843,281

Net Increase (Decrease) in Net Assets Resulting from Operations		6,979,775			6,726,946			23,781,241			75,299,340


Increase (Decrease) in Net Assets from Contract Transactions		(7,276,103	)		(2,469,705	)		(24,972,456	)		(78,625,036	)


Total Increase (Decrease) in Net Assets		(296,328	)		4,257,241			(1,191,215	)		(3,325,696	)


Net Assets as of December 31, 2023:	$	67,924,719		$	25,855,468		$	252,527,102		$	655,500,152

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	American Funds - Asset Allocation Class 4 Shares Subaccount			American Funds - Growth Class 2 Shares Subaccount			American Funds - Growth Class 4 Shares Subaccount			American Funds - Growth-Income Class 2 Shares Subaccount

Net Assets as of December 31, 2021:	$	23,155,040		$	1,149,580,633		$	70,825,649		$	754,565,140


Investment Income:
Reinvested Dividends		502,913			2,734,566			78,526			7,758,626
Investment Expense:
Mortality and Expense Risk and Administrative Charges		359,532			13,768,815			935,846			9,744,608

Net Investment Income (Loss)		143,381			(11,034,249	)		(857,320	)		(1,985,982	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		2,800,825			124,253,567			10,113,844			61,070,217
Realized Gain (Loss) on Investments		(509,397	)		22,908,886			(1,937,823	)		11,038,091

Net Realized Capital Gains (Losses) on Investments		2,291,428			147,162,453			8,176,021			72,108,308
Net Change in Unrealized Appreciation (Depreciation)		(6,358,733	)		(483,706,227	)		(32,608,948	)		(202,976,849	)

Net Gain (Loss) on Investment		(4,067,305	)		(336,543,774	)		(24,432,927	)		(130,868,541	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(3,923,924	)		(347,578,023	)		(25,290,247	)		(132,854,523	)


Increase (Decrease) in Net Assets from Contract Transactions		10,541,485			(62,730,652	)		29,875,533			(56,555,109	)


Total Increase (Decrease) in Net Assets		6,617,561			(410,308,675	)		4,585,286			(189,409,632	)


Net Assets as of December 31, 2022:	$	29,772,601		$	739,271,958		$	75,410,935		$	565,155,508


Investment Income:
Reinvested Dividends		919,818			2,941,423			210,071			7,940,698
Investment Expense:
Mortality and Expense Risk and Administrative Charges		542,304			13,033,629			1,611,977			9,258,164

Net Investment Income (Loss)		377,514			(10,092,206	)		(1,401,906	)		(1,317,466	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		1,416,600			46,205,518			6,422,332			31,241,646
Realized Gain (Loss) on Investments		(566,047	)		15,415,607			(2,765,846	)		9,573,256

Net Realized Capital Gains (Losses) on Investments		850,553			61,621,125			3,656,486			40,814,902
Net Change in Unrealized Appreciation (Depreciation)		3,813,708			201,803,511			33,903,064			88,330,896

Net Gain (Loss) on Investment		4,664,261			263,424,636			37,559,550			129,145,798

Net Increase (Decrease) in Net Assets Resulting from Operations		5,041,775			253,332,430			36,157,644			127,828,332


Increase (Decrease) in Net Assets from Contract Transactions		16,979,263			(87,315,273	)		61,674,585			(69,675,859	)


Total Increase (Decrease) in Net Assets		22,021,038			166,017,157			97,832,229			58,152,473


Net Assets as of December 31, 2023:	$	51,793,639		$	905,289,115		$	173,243,164		$	623,307,981

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	American Funds - Growth-Income Class 4 Shares Subaccount			American Funds - International Class 2 Shares Subaccount			American Funds - International Class 4 Shares Subaccount			American Funds - New World Class 4 Shares Subaccount

Net Assets as of December 31, 2021:	$	34,083,630		$	262,247,784		$	15,918,386		$	7,543,125


Investment Income:
Reinvested Dividends		456,032			3,598,957			256,033			83,733
Investment Expense:
Mortality and Expense Risk and Administrative Charges		491,310			3,332,509			200,619			94,530

Net Investment Income (Loss)		(35,278	)		266,448			55,414			(10,797	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		3,531,194			29,338,237			2,181,440			666,493
Realized Gain (Loss) on Investments		(242,186	)		(3,054,791	)		(441,873	)		(327,433	)

Net Realized Capital Gains (Losses) on Investments		3,289,008			26,283,446			1,739,567			339,060
Net Change in Unrealized Appreciation (Depreciation)		(9,819,992	)		(84,099,587	)		(5,665,057	)		(2,300,081	)

Net Gain (Loss) on Investment		(6,530,984	)		(57,816,141	)		(3,925,490	)		(1,961,021	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(6,566,262	)		(57,549,693	)		(3,870,076	)		(1,971,818	)


Increase (Decrease) in Net Assets from Contract Transactions		17,297,799			(13,756,276	)		4,111,171			1,775,425


Total Increase (Decrease) in Net Assets		10,731,537			(71,305,969	)		241,095			(196,393	)


Net Assets as of December 31, 2022:	$	44,815,167		$	190,941,815		$	16,159,481		$	7,346,732


Investment Income:
Reinvested Dividends		898,805			2,552,176			250,913			146,717
Investment Expense:
Mortality and Expense Risk and Administrative Charges		874,830			3,114,054			269,028			135,271

Net Investment Income (Loss)		23,975			(561,878	)		(18,115	)		11,446

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		3,421,176			-			-			-
Realized Gain (Loss) on Investments		(511,036	)		(4,541,899	)		(926,222	)		(469,460	)

Net Realized Capital Gains (Losses) on Investments		2,910,140			(4,541,899	)		(926,222	)		(469,460	)
Net Change in Unrealized Appreciation (Depreciation)		11,734,613			30,960,418			3,522,937			1,755,774

Net Gain (Loss) on Investment		14,644,753			26,418,519			2,596,715			1,286,314

Net Increase (Decrease) in Net Assets Resulting from Operations		14,668,728			25,856,641			2,578,600			1,297,760


Increase (Decrease) in Net Assets from Contract Transactions		29,037,544			(14,290,923	)		5,939,967			4,482,613


Total Increase (Decrease) in Net Assets		43,706,272			11,565,718			8,518,567			5,780,373


Net Assets as of December 31, 2023:	$	88,521,439		$	202,507,533		$	24,678,048		$	13,127,105

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	American Funds - The Bond Fund of America Class 2 Shares Subaccount			American Funds - The Bond Fund of America Class 4 Shares Subaccount			BlackRock Basic Value V.I. Class I Shares Subaccount			BlackRock Global Allocation V.I. Class I Shares Subaccount

Net Assets as of December 31, 2021:	$	267,700,388		$	12,442,489		$	19,580,580		$	10,653,267


Investment Income:
Reinvested Dividends		6,463,798			370,995			255,952			-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		3,660,412			172,585			275,167			135,403

Net Investment Income (Loss)		2,803,386			198,410			(19,215	)		(135,403	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		2,655,634			153,019			1,734,594			109,049
Realized Gain (Loss) on Investments		(2,867,523	)		(362,645	)		(426,041	)		(13,611	)

Net Realized Capital Gains (Losses) on Investments		(211,889	)		(209,626	)		1,308,553			95,438
Net Change in Unrealized Appreciation (Depreciation)		(38,740,366	)		(1,909,094	)		(2,504,154	)		(1,727,308	)

Net Gain (Loss) on Investment		(38,952,255	)		(2,118,720	)		(1,195,601	)		(1,631,870	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(36,148,869	)		(1,920,310	)		(1,214,816	)		(1,767,273	)


Increase (Decrease) in Net Assets from Contract Transactions		(25,623,578	)		2,473,758			(1,434,496	)		(891,908	)


Total Increase (Decrease) in Net Assets		(61,772,447	)		553,448			(2,649,312	)		(2,659,181	)


Net Assets as of December 31, 2022:	$	205,927,941		$	12,995,937		$	16,931,268		$	7,994,086


Investment Income:
Reinvested Dividends		7,021,954			727,823			306,273			169,088
Investment Expense:
Mortality and Expense Risk and Administrative Charges		3,258,458			246,208			263,956			121,370

Net Investment Income (Loss)		3,763,496			481,615			42,317			47,718

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			687,598			-
Realized Gain (Loss) on Investments		(4,867,046	)		(330,474	)		(238,643	)		(28,111	)

Net Realized Capital Gains (Losses) on Investments		(4,867,046	)		(330,474	)		448,955			(28,111	)
Net Change in Unrealized Appreciation (Depreciation)		7,801,098			529,212			1,909,132			810,075

Net Gain (Loss) on Investment		2,934,052			198,738			2,358,087			781,964

Net Increase (Decrease) in Net Assets Resulting from Operations		6,697,548			680,353			2,400,404			829,682


Increase (Decrease) in Net Assets from Contract Transactions		(6,870,720	)		9,795,964			(1,235,618	)		(891,624	)


Total Increase (Decrease) in Net Assets		(173,172	)		10,476,317			1,164,786			(61,942	)


Net Assets as of December 31, 2023:	$	205,754,769		$	23,472,254		$	18,096,054		$	7,932,144

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	BlackRock High Yield V.I. Class I Shares Subaccount			DFA VA Equity Allocation Subaccount			DFA VA Global Bond Subaccount			DFA VA Global Moderate Allocation Subaccount

Net Assets as of December 31, 2021:	$	3,009,551		$	860,593		$	1,299,932		$	85,165


Investment Income:
Reinvested Dividends		140,160			14,936			30,176			6,187
Investment Expense:
Mortality and Expense Risk and Administrative Charges		39,214			2,915			20,221			530

Net Investment Income (Loss)		100,946			12,021			9,955			5,657

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			21,911			-			6,038
Realized Gain (Loss) on Investments		(21,288	)		(24,496	)		(11,718	)		94

Net Realized Capital Gains (Losses) on Investments		(21,288	)		(2,585	)		(11,718	)		6,132
Net Change in Unrealized Appreciation (Depreciation)		(427,039	)		(132,846	)		(108,497	)		(18,648	)

Net Gain (Loss) on Investment		(448,327	)		(135,431	)		(120,215	)		(12,516	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(347,381	)		(123,410	)		(110,260	)		(6,859	)


Increase (Decrease) in Net Assets from Contract Transactions		(198,887	)		483,286			793,097			451,583


Total Increase (Decrease) in Net Assets		(546,268	)		359,876			682,837			444,724


Net Assets as of December 31, 2022:	$	2,463,283		$	1,220,469		$	1,982,769		$	529,889


Investment Income:
Reinvested Dividends		164,879			32,721			119,048			18,055
Investment Expense:
Mortality and Expense Risk and Administrative Charges		37,244			4,527			26,170			1,725

Net Investment Income (Loss)		127,635			28,194			92,878			16,330

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			32,635			-			7,347
Realized Gain (Loss) on Investments		(20,954	)		(3,211	)		(21,409	)		(155	)

Net Realized Capital Gains (Losses) on Investments		(20,954	)		29,424			(21,409	)		7,192
Net Change in Unrealized Appreciation (Depreciation)		169,029			194,811			18,906			63,267

Net Gain (Loss) on Investment		148,075			224,235			(2,503	)		70,459

Net Increase (Decrease) in Net Assets Resulting from Operations		275,710			252,429			90,375			86,789


Increase (Decrease) in Net Assets from Contract Transactions		(124,113	)		256,815			836,025			95,998


Total Increase (Decrease) in Net Assets		151,597			509,244			926,400			182,787


Net Assets as of December 31, 2023:	$	2,614,880		$	1,729,713		$	2,909,169		$	712,676

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	DFA VA International Small Subaccount			DFA VA International Value Subaccount			DFA VA Short-Term Fixed Subaccount			DFA VA U.S. Large Value Subaccount

Net Assets as of December 31, 2021:	$	373,647		$	356,360		$	778,117		$	653,107


Investment Income:
Reinvested Dividends		17,568			21,220			12,208			27,089
Investment Expense:
Mortality and Expense Risk and Administrative Charges		1,471			1,389			2,705			3,375

Net Investment Income (Loss)		16,097			19,831			9,503			23,714

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		11,960			5,897			-			14,642
Realized Gain (Loss) on Investments		(11,144	)		(26,516	)		(3,123	)		36,673

Net Realized Capital Gains (Losses) on Investments		816			(20,619	)		(3,123	)		51,315
Net Change in Unrealized Appreciation (Depreciation)		(106,975	)		(32,401	)		(17,505	)		(141,670	)

Net Gain (Loss) on Investment		(106,159	)		(53,020	)		(20,628	)		(90,355	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(90,062	)		(33,189	)		(11,125	)		(66,641	)


Increase (Decrease) in Net Assets from Contract Transactions		385,107			424,681			240,161			615,130


Total Increase (Decrease) in Net Assets		295,045			391,492			229,036			548,489


Net Assets as of December 31, 2022:	$	668,692		$	747,852		$	1,007,153		$	1,201,596


Investment Income:
Reinvested Dividends		24,377			49,442			57,043			34,213
Investment Expense:
Mortality and Expense Risk and Administrative Charges		2,031			2,641			3,931			4,647

Net Investment Income (Loss)		22,346			46,801			53,112			29,566

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			9,867			-			20,852
Realized Gain (Loss) on Investments		(7,627	)		(1,106	)		(818	)		3,424

Net Realized Capital Gains (Losses) on Investments		(7,627	)		8,761			(818	)		24,276
Net Change in Unrealized Appreciation (Depreciation)		81,297			82,732			6,181			90,267

Net Gain (Loss) on Investment		73,670			91,493			5,363			114,543

Net Increase (Decrease) in Net Assets Resulting from Operations		96,016			138,294			58,475			144,109


Increase (Decrease) in Net Assets from Contract Transactions		95,109			217,725			467,107			248,738


Total Increase (Decrease) in Net Assets		191,125			356,019			525,582			392,847


Net Assets as of December 31, 2023:	$	859,817		$	1,103,871		$	1,532,735		$	1,594,443

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	DFA VA U.S. Targeted Value Subaccount			Fidelity^® VIP Balanced Service Class 2 Subaccount			Fidelity^® VIP Consumer Staples Initial Class Subaccount			Fidelity^® VIP Contrafund^® Initial Class Subaccount

Net Assets as of December 31, 2021:	$	517,428		$	585,801,138		$	1,692,428		$	239,522


Investment Income:
Reinvested Dividends		14,115			5,001,640			53,009			551
Investment Expense:
Mortality and Expense Risk and Administrative Charges		2,152			6,539,332			44,687			860

Net Investment Income (Loss)		11,963			(1,537,692	)		8,322			(309	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		83,609			30,637,858			106,951			6,064
Realized Gain (Loss) on Investments		19,113			14,108,652			(58,615	)		8,462

Net Realized Capital Gains (Losses) on Investments		102,722			44,746,510			48,336			14,526
Net Change in Unrealized Appreciation (Depreciation)		(149,238	)		(152,810,560	)		(75,101	)		(65,235	)

Net Gain (Loss) on Investment		(46,516	)		(108,064,050	)		(26,765	)		(50,709	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(34,553	)		(109,601,742	)		(18,443	)		(51,018	)


Increase (Decrease) in Net Assets from Contract Transactions		577,346			(50,122,590	)		1,752,943			(90,582	)


Total Increase (Decrease) in Net Assets		542,793			(159,724,332	)		1,734,500			(141,600	)


Net Assets as of December 31, 2022:	$	1,060,221		$	426,076,806		$	3,426,928		$	97,922


Investment Income:
Reinvested Dividends		18,198			6,906,064			93,809			380
Investment Expense:
Mortality and Expense Risk and Administrative Charges		3,353			6,111,906			73,693			537

Net Investment Income (Loss)		14,845			794,158			20,116			(157	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		80,978			16,885,601			67,731			2,960
Realized Gain (Loss) on Investments		(18,239	)		8,686,824			(33,721	)		(5,227	)

Net Realized Capital Gains (Losses) on Investments		62,739			25,572,425			34,010			(2,267	)
Net Change in Unrealized Appreciation (Depreciation)		122,855			53,984,283			1,619			25,089

Net Gain (Loss) on Investment		185,594			79,556,708			35,629			22,822

Net Increase (Decrease) in Net Assets Resulting from Operations		200,439			80,350,866			55,745			22,665


Increase (Decrease) in Net Assets from Contract Transactions		50,620			(31,985,465	)		1,660,049			(24,770	)


Total Increase (Decrease) in Net Assets		251,059			48,365,401			1,715,794			(2,105	)


Net Assets as of December 31, 2023:	$	1,311,280		$	474,442,207		$	5,142,722		$	95,817

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	Fidelity^® VIP Contrafund^® Service Class 2 Subaccount			Fidelity^® VIP Energy Service Class 2 Subaccount			Fidelity^® VIP Equity-Income Initial Class Subaccount			Fidelity^® VIP Equity-Income Service Class 2 Subaccount

Net Assets as of December 31, 2021:	$	994,100,891		$	3,760,207		$	56,446		$	38,235,541


Investment Income:
Reinvested Dividends		1,954,330			245,691			973			558,143
Investment Expense:
Mortality and Expense Risk and Administrative Charges		10,478,896			155,333			366			504,936

Net Investment Income (Loss)		(8,524,566	)		90,358			607			53,207

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		37,080,099			-			1,707			1,119,989
Realized Gain (Loss) on Investments		24,412,095			1,521,100			695			316,993

Net Realized Capital Gains (Losses) on Investments		61,492,194			1,521,100			2,402			1,436,982
Net Change in Unrealized Appreciation (Depreciation)		(320,256,079	)		1,315,042			(6,199	)		(4,015,077	)

Net Gain (Loss) on Investment		(258,763,885	)		2,836,142			(3,797	)		(2,578,095	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(267,288,451	)		2,926,500			(3,190	)		(2,524,888	)


Increase (Decrease) in Net Assets from Contract Transactions		(61,838,500	)		6,748,822			(2,621	)		(3,954,815	)


Total Increase (Decrease) in Net Assets		(329,126,951	)		9,675,322			(5,811	)		(6,479,703	)


Net Assets as of December 31, 2022:	$	664,973,940		$	13,435,529		$	50,635		$	31,755,838


Investment Income:
Reinvested Dividends		1,944,895			427,321			983			511,076
Investment Expense:
Mortality and Expense Risk and Administrative Charges		10,293,826			272,212			358			452,803

Net Investment Income (Loss)		(8,348,931	)		155,109			625			58,273

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		27,439,128			-			1,475			877,001
Realized Gain (Loss) on Investments		21,313,551			565,811			514			392,482

Net Realized Capital Gains (Losses) on Investments		48,752,679			565,811			1,989			1,269,483
Net Change in Unrealized Appreciation (Depreciation)		161,248,508			(1,284,928	)		2,229			1,186,223

Net Gain (Loss) on Investment		210,001,187			(719,117	)		4,218			2,455,706

Net Increase (Decrease) in Net Assets Resulting from Operations		201,652,256			(564,008	)		4,843			2,513,979


Increase (Decrease) in Net Assets from Contract Transactions		(48,561,016	)		4,745,491			(2,027	)		(3,902,307	)


Total Increase (Decrease) in Net Assets		153,091,240			4,181,483			2,816			(1,388,328	)


Net Assets as of December 31, 2023:	$	818,065,180		$	17,617,012		$	53,451		$	30,367,510

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	Fidelity^® VIP Growth Initial Class Subaccount			Fidelity^® VIP Growth Service Class 2 Subaccount			Fidelity^® VIP Growth Opportunities Service Class 2 Subaccount			Fidelity^® VIP Health Care Service Class 2 Subaccount

Net Assets as of December 31, 2021:	$	34,948		$	46,107,542		$	3,820,317		$	7,381,141


Investment Income:
Reinvested Dividends		170			125,760			-			-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		213			529,362			41,057			122,174

Net Investment Income (Loss)		(43	)		(403,602	)		(41,057	)		(122,174	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		2,055			2,701,288			537,335			452,225
Realized Gain (Loss) on Investments		748			2,045,192			91,170			(324,521	)

Net Realized Capital Gains (Losses) on Investments		2,803			4,746,480			628,505			127,704
Net Change in Unrealized Appreciation (Depreciation)		(11,310	)		(15,685,382	)		(2,058,239	)		(1,060,986	)

Net Gain (Loss) on Investment		(8,507	)		(10,938,902	)		(1,429,734	)		(933,282	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(8,550	)		(11,342,504	)		(1,470,791	)		(1,055,456	)


Increase (Decrease) in Net Assets from Contract Transactions		(2,107	)		(4,632,459	)		(148,778	)		2,678,603


Total Increase (Decrease) in Net Assets		(10,657	)		(15,974,963	)		(1,619,569	)		1,623,147


Net Assets as of December 31, 2022:	$	24,291		$	30,132,579		$	2,200,748		$	9,004,288


Investment Income:
Reinvested Dividends		36			1,282			-			-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		211			493,679			39,038			187,020

Net Investment Income (Loss)		(175	)		(492,397	)		(39,038	)		(187,020	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		1,294			1,533,802			-			-
Realized Gain (Loss) on Investments		582			1,694,416			110,498			(186,289	)

Net Realized Capital Gains (Losses) on Investments		1,876			3,228,218			110,498			(186,289	)
Net Change in Unrealized Appreciation (Depreciation)		6,597			6,795,012			825,021			827,675

Net Gain (Loss) on Investment		8,473			10,023,230			935,519			641,386

Net Increase (Decrease) in Net Assets Resulting from Operations		8,298			9,530,833			896,481			454,366


Increase (Decrease) in Net Assets from Contract Transactions		(1,482	)		(4,754,176	)		(257,920	)		6,891,714


Total Increase (Decrease) in Net Assets		6,816			4,776,657			638,561			7,346,080


Net Assets as of December 31, 2023:	$	31,107		$	34,909,236		$	2,839,309		$	16,350,368

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	Fidelity^® VIP Mid Cap Initial Class Subaccount			Fidelity^® VIP Mid Cap Service Class 2 Subaccount			Fidelity^® VIP Technology Initial Class Subaccount			Fidelity^® VIP Utilities Initial Class Subaccount

Net Assets as of December 31, 2021:	$	76,481		$	429,576,602		$	16,455,465		$	1,130,117


Investment Income:
Reinvested Dividends		278			896,023			-			52,064
Investment Expense:
Mortality and Expense Risk and Administrative Charges		402			4,909,477			248,549			42,804

Net Investment Income (Loss)		(124	)		(4,013,454	)		(248,549	)		9,260

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		3,878			23,413,182			1,264,256			3,688
Realized Gain (Loss) on Investments		783			2,382,150			(802,163	)		89,959

Net Realized Capital Gains (Losses) on Investments		4,661			25,795,332			462,093			93,647
Net Change in Unrealized Appreciation (Depreciation)		(15,962	)		(89,889,352	)		(7,092,484	)		10,748

Net Gain (Loss) on Investment		(11,301	)		(64,094,020	)		(6,630,391	)		104,395

Net Increase (Decrease) in Net Assets Resulting from Operations		(11,425	)		(68,107,474	)		(6,878,940	)		113,655


Increase (Decrease) in Net Assets from Contract Transactions		(11,614	)		(44,916,806	)		5,092,926			2,819,885


Total Increase (Decrease) in Net Assets		(23,039	)		(113,024,280	)		(1,786,014	)		2,933,540


Net Assets as of December 31, 2022:	$	53,442		$	316,552,322		$	14,669,451		$	4,063,657


Investment Income:
Reinvested Dividends		318			1,243,434			45,043			120,809
Investment Expense:
Mortality and Expense Risk and Administrative Charges		336			4,548,864			487,955			85,276

Net Investment Income (Loss)		(18	)		(3,305,430	)		(442,912	)		35,533

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		1,447			9,278,397			627,767			122,063
Realized Gain (Loss) on Investments		215			599,295			(621,090	)		(54,035	)

Net Realized Capital Gains (Losses) on Investments		1,662			9,877,692			6,677			68,028
Net Change in Unrealized Appreciation (Depreciation)		5,413			33,851,299			10,888,428			(181,351	)

Net Gain (Loss) on Investment		7,075			43,728,991			10,895,105			(113,323	)

Net Increase (Decrease) in Net Assets Resulting from Operations		7,057			40,423,561			10,452,193			(77,790	)


Increase (Decrease) in Net Assets from Contract Transactions		(2,674	)		(16,276,118	)		18,532,557			1,561,017


Total Increase (Decrease) in Net Assets		4,383			24,147,443			28,984,750			1,483,227


Net Assets as of December 31, 2023:	$	57,825		$	340,699,765		$	43,654,201		$	5,546,884

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	Fidelity^® VIP Value Strategies Initial Class Subaccount			Fidelity^® VIP Value Strategies Service Class 2 Subaccount			Franklin Allocation Class 4 Shares Subaccount			Franklin Income Class 2 Shares Subaccount

Net Assets as of December 31, 2021:	$	445,753		$	243,543,351		$	65,635,756		$	46,639,026


Investment Income:
Reinvested Dividends		4,427			2,063,264			793,355			1,991,351
Investment Expense:
Mortality and Expense Risk and Administrative Charges		2,594			3,285,394			877,524			604,510

Net Investment Income (Loss)		1,833			(1,222,130	)		(84,169	)		1,386,841

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		18,431			10,796,438			4,999,915			808,299
Realized Gain (Loss) on Investments		8,409			9,602,540			(3,488,737	)		262,874

Net Realized Capital Gains (Losses) on Investments		26,840			20,398,978			1,511,178			1,071,173
Net Change in Unrealized Appreciation (Depreciation)		(61,642	)		(41,774,208	)		(12,536,109	)		(5,452,871	)

Net Gain (Loss) on Investment		(34,802	)		(21,375,230	)		(11,024,931	)		(4,381,698	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(32,969	)		(22,597,360	)		(11,109,100	)		(2,994,857	)


Increase (Decrease) in Net Assets from Contract Transactions		(28,253	)		8,101,622			(6,823,729	)		(6,049,305	)


Total Increase (Decrease) in Net Assets		(61,222	)		(14,495,738	)		(17,932,829	)		(9,044,162	)


Net Assets as of December 31, 2022:	$	384,531		$	229,047,613		$	47,702,927		$	37,594,864


Investment Income:
Reinvested Dividends		5,247			2,029,389			618,489			1,853,101
Investment Expense:
Mortality and Expense Risk and Administrative Charges		2,884			3,185,334			778,368			526,200

Net Investment Income (Loss)		2,363			(1,155,945	)		(159,879	)		1,326,901

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		17,192			8,575,030			767,746			2,246,552
Realized Gain (Loss) on Investments		8,162			8,370,102			(3,193,315	)		(605,855	)

Net Realized Capital Gains (Losses) on Investments		25,354			16,945,132			(2,425,569	)		1,640,697
Net Change in Unrealized Appreciation (Depreciation)		53,439			24,045,820			8,244,689			(617,156	)

Net Gain (Loss) on Investment		78,793			40,990,952			5,819,120			1,023,541

Net Increase (Decrease) in Net Assets Resulting from Operations		81,156			39,835,007			5,659,241			2,350,442


Increase (Decrease) in Net Assets from Contract Transactions		41,808			(26,982,624	)		(6,384,701	)		(5,420,977	)


Total Increase (Decrease) in Net Assets		122,964			12,852,383			(725,460	)		(3,070,535	)


Net Assets as of December 31, 2023:	$	507,495		$	241,899,996		$	46,977,467		$	34,524,329

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	Franklin Mutual Shares Class 2 Shares Subaccount			Franklin Templeton Foreign Class 2 Shares Subaccount			Invesco V.I. American Franchise Series II Shares Subaccount			Janus Henderson - Enterprise Service Shares Subaccount

Net Assets as of December 31, 2021:	$	10,894,622		$	15,047,838		$	7,746,979		$	21,479,782


Investment Income:
Reinvested Dividends		176,728			396,900			-			46,384
Investment Expense:
Mortality and Expense Risk and Administrative Charges		143,350			197,975			83,524			262,295

Net Investment Income (Loss)		33,378			198,925			(83,524	)		(215,911	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		1,067,277			-			1,526,406			3,016,467
Realized Gain (Loss) on Investments		(22,623	)		(189,628	)		329,616			703,664

Net Realized Capital Gains (Losses) on Investments		1,044,654			(189,628	)		1,856,022			3,720,131
Net Change in Unrealized Appreciation (Depreciation)		(2,026,350	)		(1,347,402	)		(4,146,674	)		(7,143,734	)

Net Gain (Loss) on Investment		(981,696	)		(1,537,030	)		(2,290,652	)		(3,423,603	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(948,318	)		(1,338,105	)		(2,374,176	)		(3,639,514	)


Increase (Decrease) in Net Assets from Contract Transactions		(945,327	)		(1,493,246	)		(876,366	)		(1,880,685	)


Total Increase (Decrease) in Net Assets		(1,893,645	)		(2,831,351	)		(3,250,542	)		(5,520,199	)


Net Assets as of December 31, 2022:	$	9,000,977		$	12,216,487		$	4,496,437		$	15,959,583


Investment Income:
Reinvested Dividends		164,053			413,366			-			14,887
Investment Expense:
Mortality and Expense Risk and Administrative Charges		129,681			193,831			76,101			251,011

Net Investment Income (Loss)		34,372			219,535			(76,101	)		(236,124	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		755,090			-			124,351			1,256,764
Realized Gain (Loss) on Investments		(260,145	)		(124,644	)		(10,157	)		238,497

Net Realized Capital Gains (Losses) on Investments		494,945			(124,644	)		114,194			1,495,261
Net Change in Unrealized Appreciation (Depreciation)		438,686			2,091,534			1,593,150			1,183,448

Net Gain (Loss) on Investment		933,631			1,966,890			1,707,344			2,678,709

Net Increase (Decrease) in Net Assets Resulting from Operations		968,003			2,186,425			1,631,243			2,442,585


Increase (Decrease) in Net Assets from Contract Transactions		(1,069,987	)		(1,626,700	)		(746,703	)		(1,321,003	)


Total Increase (Decrease) in Net Assets		(101,984	)		559,725			884,540			1,121,582


Net Assets as of December 31, 2023:	$	8,898,993		$	12,776,212		$	5,380,977		$	17,081,165

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	Janus Henderson - Global Research Service Shares Subaccount			Janus Henderson - Mid Cap Value Service Shares Subaccount			MFS^® New Discovery Service Class Subaccount			MFS^® Total Return Service Class Subaccount

Net Assets as of December 31, 2021:	$	23,620,614		$	2,883,923		$	43,959,107		$	36,749,509


Investment Income:
Reinvested Dividends		274,765			30,789			-			454,970
Investment Expense:
Mortality and Expense Risk and Administrative Charges		277,857			38,154			459,552			457,454

Net Investment Income (Loss)		(3,092	)		(7,365	)		(459,552	)		(2,484	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		2,018,007			215,129			10,786,382			2,705,790
Realized Gain (Loss) on Investments		1,158,946			(2,532	)		(875,317	)		1,054,458

Net Realized Capital Gains (Losses) on Investments		3,176,953			212,597			9,911,065			3,760,248
Net Change in Unrealized Appreciation (Depreciation)		(7,947,597	)		(413,929	)		(22,678,073	)		(7,717,856	)

Net Gain (Loss) on Investment		(4,770,644	)		(201,332	)		(12,767,008	)		(3,957,608	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(4,773,736	)		(208,697	)		(13,226,560	)		(3,960,092	)


Increase (Decrease) in Net Assets from Contract Transactions		(2,097,658	)		(143,728	)		(4,143,047	)		(3,889,765	)


Total Increase (Decrease) in Net Assets		(6,871,394	)		(352,425	)		(17,369,607	)		(7,849,857	)


Net Assets as of December 31, 2022:	$	16,749,220		$	2,531,498		$	26,589,500		$	28,899,652


Investment Income:
Reinvested Dividends		136,303			23,827			-			504,534
Investment Expense:
Mortality and Expense Risk and Administrative Charges		264,340			35,895			399,504			411,787

Net Investment Income (Loss)		(128,037	)		(12,068	)		(399,504	)		92,747

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		520,105			72,366			-			1,204,212
Realized Gain (Loss) on Investments		1,031,023			4,947			(2,643,228	)		427,099

Net Realized Capital Gains (Losses) on Investments		1,551,128			77,313			(2,643,228	)		1,631,311
Net Change in Unrealized Appreciation (Depreciation)		2,476,023			164,682			6,192,946			559,435

Net Gain (Loss) on Investment		4,027,151			241,995			3,549,718			2,190,746

Net Increase (Decrease) in Net Assets Resulting from Operations		3,899,114			229,927			3,150,214			2,283,493


Increase (Decrease) in Net Assets from Contract Transactions		(1,931,500	)		(173,792	)		(3,024,145	)		(3,211,029	)


Total Increase (Decrease) in Net Assets		1,967,614			56,135			126,069			(927,536	)


Net Assets as of December 31, 2023:	$	18,716,834		$	2,587,633		$	26,715,569		$	27,972,116

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	NVIT Emerging Markets Class D Shares Subaccount			State Street Total Return V.I.S. Class 3 Shares Subaccount			TA 60/40 Allocation Service Class Subaccount			TA Aegon Bond Initial Class Subaccount

Net Assets as of December 31, 2021:	$	19,211		$	54,877,619		$	52,314,019		$	143,870,348


Investment Income:
Reinvested Dividends		12			168,369			494,747			3,179,120
Investment Expense:
Mortality and Expense Risk and Administrative Charges		66			682,879			548,362			1,900,799

Net Investment Income (Loss)		(54	)		(514,510	)		(53,615	)		1,278,321

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			629,158			2,076,479			-
Realized Gain (Loss) on Investments		418			(1,954,195	)		1,191,022			(3,151,494	)

Net Realized Capital Gains (Losses) on Investments		418			(1,325,037	)		3,267,501			(3,151,494	)
Net Change in Unrealized Appreciation (Depreciation)		(4,870	)		(7,540,764	)		(11,150,708	)		(20,499,163	)

Net Gain (Loss) on Investment		(4,452	)		(8,865,801	)		(7,883,207	)		(23,650,657	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(4,506	)		(9,380,311	)		(7,936,822	)		(22,372,336	)


Increase (Decrease) in Net Assets from Contract Transactions		(8,090	)		(6,953,937	)		1,219,700			(13,913,864	)


Total Increase (Decrease) in Net Assets		(12,596	)		(16,334,248	)		(6,717,122	)		(36,286,200	)


Net Assets as of December 31, 2022:	$	6,615		$	38,543,371		$	45,596,897		$	107,584,148


Investment Income:
Reinvested Dividends		40			758,902			720,380			980,606
Investment Expense:
Mortality and Expense Risk and Administrative Charges		19			604,202			640,737			1,657,146

Net Investment Income (Loss)		21			154,700			79,643			(676,540	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			-			-
Realized Gain (Loss) on Investments		(48	)		(1,554,418	)		358,850			(3,479,869	)

Net Realized Capital Gains (Losses) on Investments		(48	)		(1,554,418	)		358,850			(3,479,869	)
Net Change in Unrealized Appreciation (Depreciation)		258			6,207,904			7,103,130			9,106,404

Net Gain (Loss) on Investment		210			4,653,486			7,461,980			5,626,535

Net Increase (Decrease) in Net Assets Resulting from Operations		231			4,808,186			7,541,623			4,949,995


Increase (Decrease) in Net Assets from Contract Transactions		(4,018	)		(4,537,310	)		13,818,523			(5,527,775	)


Total Increase (Decrease) in Net Assets		(3,787	)		270,876			21,360,146			(577,780	)


Net Assets as of December 31, 2023:	$	2,828		$	38,814,247		$	66,957,043		$	107,006,368

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	TA Aegon Bond Service Class Subaccount			TA Aegon Core Bond Service Class Subaccount			TA Aegon High Yield Bond Initial Class Subaccount			TA Aegon High Yield Bond Service Class Subaccount

Net Assets as of December 31, 2021:	$	663,798,024		$	305,664,647		$	57,983,166		$	150,400,166


Investment Income:
Reinvested Dividends		12,836,377			6,104,411			2,842,969			6,823,000
Investment Expense:
Mortality and Expense Risk and Administrative Charges		7,332,653			3,249,650			733,862			1,715,026

Net Investment Income (Loss)		5,503,724			2,854,761			2,109,107			5,107,974

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			1,093,783			-			-
Realized Gain (Loss) on Investments		(17,876,064	)		(6,633,403	)		(1,107,694	)		(3,515,623	)

Net Realized Capital Gains (Losses) on Investments		(17,876,064	)		(5,539,620	)		(1,107,694	)		(3,515,623	)
Net Change in Unrealized Appreciation (Depreciation)		(90,566,809	)		(38,769,972	)		(7,937,406	)		(19,976,289	)

Net Gain (Loss) on Investment		(108,442,873	)		(44,309,592	)		(9,045,100	)		(23,491,912	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(102,939,149	)		(41,454,831	)		(6,935,993	)		(18,383,938	)


Increase (Decrease) in Net Assets from Contract Transactions		(80,737,886	)		(32,160,662	)		(6,242,413	)		(20,211,373	)


Total Increase (Decrease) in Net Assets		(183,677,035	)		(73,615,493	)		(13,178,406	)		(38,595,311	)


Net Assets as of December 31, 2022:	$	480,120,989		$	232,049,154		$	44,804,760		$	111,804,855


Investment Income:
Reinvested Dividends		2,890,295			5,097,451			2,045,842			4,638,520
Investment Expense:
Mortality and Expense Risk and Administrative Charges		6,080,318			2,834,075			672,381			1,497,891

Net Investment Income (Loss)		(3,190,023	)		2,263,376			1,373,461			3,140,629

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			-			-
Realized Gain (Loss) on Investments		(16,293,830	)		(6,266,919	)		(1,002,742	)		(2,782,714	)

Net Realized Capital Gains (Losses) on Investments		(16,293,830	)		(6,266,919	)		(1,002,742	)		(2,782,714	)
Net Change in Unrealized Appreciation (Depreciation)		40,518,427			13,862,739			3,712,300			9,533,035

Net Gain (Loss) on Investment		24,224,597			7,595,820			2,709,558			6,750,321

Net Increase (Decrease) in Net Assets Resulting from Operations		21,034,574			9,859,196			4,083,019			9,890,950


Increase (Decrease) in Net Assets from Contract Transactions		(53,812,249	)		(13,293,344	)		(2,985,550	)		(8,362,880	)


Total Increase (Decrease) in Net Assets		(32,777,675	)		(3,434,148	)		1,097,469			1,528,070


Net Assets as of December 31, 2023:	$	447,343,314		$	228,615,006		$	45,902,229		$	113,332,925

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	TA Aegon Sustainable Equity Income Initial Class Subaccount			TA Aegon Sustainable Equity Income Service Class Subaccount			TA Aegon U.S. Government Securities Initial Class Subaccount			TA Aegon U.S. Government Securities Service Class Subaccount

Net Assets as of December 31, 2021:	$	249,624,211		$	148,018,510		$	63,545,934		$	193,536,432


Investment Income:
Reinvested Dividends		4,487,342			2,273,087			582,928			1,956,528
Investment Expense:
Mortality and Expense Risk and Administrative Charges		3,083,841			1,689,264			879,886			3,195,378

Net Investment Income (Loss)		1,403,501			583,823			(296,958	)		(1,238,850	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		7,281,163			4,293,467			-			-
Realized Gain (Loss) on Investments		3,149,966			(5,865,717	)		(2,852,885	)		(14,302,880	)

Net Realized Capital Gains (Losses) on Investments		10,431,129			(1,572,250	)		(2,852,885	)		(14,302,880	)
Net Change in Unrealized Appreciation (Depreciation)		(43,476,428	)		(18,536,348	)		(5,717,465	)		(18,088,838	)

Net Gain (Loss) on Investment		(33,045,299	)		(20,108,598	)		(8,570,350	)		(32,391,718	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(31,641,798	)		(19,524,775	)		(8,867,308	)		(33,630,568	)


Increase (Decrease) in Net Assets from Contract Transactions		(22,245,819	)		(16,085,391	)		(5,390,671	)		98,715,765


Total Increase (Decrease) in Net Assets		(53,887,617	)		(35,610,166	)		(14,257,979	)		65,085,197


Net Assets as of December 31, 2022:	$	195,736,594		$	112,408,344		$	49,287,955		$	258,621,629


Investment Income:
Reinvested Dividends		3,955,678			1,987,128			849,722			3,298,194
Investment Expense:
Mortality and Expense Risk and Administrative Charges		2,696,929			1,442,211			782,566			3,215,045

Net Investment Income (Loss)		1,258,749			544,917			67,156			83,149

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			-			-
Realized Gain (Loss) on Investments		(2,082,675	)		(4,775,751	)		(2,779,480	)		(12,103,539	)

Net Realized Capital Gains (Losses) on Investments		(2,082,675	)		(4,775,751	)		(2,779,480	)		(12,103,539	)
Net Change in Unrealized Appreciation (Depreciation)		8,602,578			8,599,614			3,823,220			17,846,217

Net Gain (Loss) on Investment		6,519,903			3,823,863			1,043,740			5,742,678

Net Increase (Decrease) in Net Assets Resulting from Operations		7,778,652			4,368,780			1,110,896			5,825,827


Increase (Decrease) in Net Assets from Contract Transactions		(23,082,126	)		(11,849,523	)		(2,742,378	)		(58,549,597	)


Total Increase (Decrease) in Net Assets		(15,303,474	)		(7,480,743	)		(1,631,482	)		(52,723,770	)


Net Assets as of December 31, 2023:	$	180,433,120		$	104,927,601		$	47,656,473		$	205,897,859

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	TA American Funds Managed Risk - Balanced Service Class Subaccount			TA BlackRock Government Money Market Initial Class Subaccount			TA BlackRock Government Money Market Service Class Subaccount			TA BlackRock iShares Active Asset Allocation - Conservative Service Class Subaccount

Net Assets as of December 31, 2021:	$	1,026,960,363		$	101,398,175		$	503,096,558		$	295,146,037


Investment Income:
Reinvested Dividends		13,282,125			1,577,637			8,534,105			3,115,998
Investment Expense:
Mortality and Expense Risk and Administrative Charges		11,487,279			1,748,880			7,539,393			3,095,760

Net Investment Income (Loss)		1,794,846			(171,243	)		994,712			20,238

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		3,868,510			-			-			31,937,815
Realized Gain (Loss) on Investments		14,040,839			-			-			(3,622,804	)

Net Realized Capital Gains (Losses) on Investments		17,909,349			-			-			28,315,011
Net Change in Unrealized Appreciation (Depreciation)		(146,903,031	)		-			-			(75,038,841	)

Net Gain (Loss) on Investment		(128,993,682	)		-			-			(46,723,830	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(127,198,836	)		(171,243	)		994,712			(46,703,592	)


Increase (Decrease) in Net Assets from Contract Transactions		(69,397,366	)		12,840,736			117,756,076			(31,350,363	)


Total Increase (Decrease) in Net Assets		(196,596,202	)		12,669,493			118,750,788			(78,053,955	)


Net Assets as of December 31, 2022:	$	830,364,161		$	114,067,668		$	621,847,346		$	217,092,082


Investment Income:
Reinvested Dividends		17,557,937			5,467,425			27,669,281			3,055,410
Investment Expense:
Mortality and Expense Risk and Administrative Charges		10,526,559			1,833,424			7,880,399			2,654,280

Net Investment Income (Loss)		7,031,378			3,634,001			19,788,882			401,130

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		112,274,146			-			-			-
Realized Gain (Loss) on Investments		5,950,646			-			-			(8,566,332	)

Net Realized Capital Gains (Losses) on Investments		118,224,792			-			-			(8,566,332	)
Net Change in Unrealized Appreciation (Depreciation)		(55,979,434	)		-			-			25,368,480

Net Gain (Loss) on Investment		62,245,358			-			-			16,802,148

Net Increase (Decrease) in Net Assets Resulting from Operations		69,276,736			3,634,001			19,788,882			17,203,278


Increase (Decrease) in Net Assets from Contract Transactions		(78,859,114	)		(3,632,445	)		(59,673,054	)		(29,300,244	)


Total Increase (Decrease) in Net Assets		(9,582,378	)		1,556			(39,884,172	)		(12,096,966	)


Net Assets as of December 31, 2023:	$	820,781,783		$	114,069,224		$	581,963,174		$	204,995,116

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	TA BlackRock iShares Active Asset Allocation - Moderate Service Class Subaccount			TA BlackRock iShares Active Asset Allocation - Moderate Growth Service Class Subaccount			TA BlackRock iShares Dynamic Allocation - Balanced Service Class Subaccount			TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class Subaccount

Net Assets as of December 31, 2021:	$	1,170,053,110		$	415,067,378		$	935,484,103		$	405,229,493


Investment Income:
Reinvested Dividends		12,552,464			4,239,996			8,869,436			3,716,982
Investment Expense:
Mortality and Expense Risk and Administrative Charges		12,446,126			4,483,229			10,062,518			4,448,842

Net Investment Income (Loss)		106,338			(243,233	)		(1,193,082	)		(731,860	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		116,907,967			14,538,519			57,239,867			30,670,569
Realized Gain (Loss) on Investments		(15,545,732	)		(9,872,524	)		(14,682,604	)		(4,742,964	)

Net Realized Capital Gains (Losses) on Investments		101,362,235			4,665,995			42,557,263			25,927,605
Net Change in Unrealized Appreciation (Depreciation)		(307,900,281	)		(82,466,783	)		(195,409,236	)		(95,910,539	)

Net Gain (Loss) on Investment		(206,538,046	)		(77,800,788	)		(152,851,973	)		(69,982,934	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(206,431,708	)		(78,044,021	)		(154,045,055	)		(70,714,794	)


Increase (Decrease) in Net Assets from Contract Transactions		(109,417,391	)		(45,191,346	)		(85,957,915	)		(40,568,770	)


Total Increase (Decrease) in Net Assets		(315,849,099	)		(123,235,367	)		(240,002,970	)		(111,283,564	)


Net Assets as of December 31, 2022:	$	854,204,011		$	291,832,011		$	695,481,133		$	293,945,929


Investment Income:
Reinvested Dividends		12,602,777			4,102,617			9,533,569			3,806,899
Investment Expense:
Mortality and Expense Risk and Administrative Charges		10,958,613			3,981,214			8,824,859			3,989,577

Net Investment Income (Loss)		1,644,164			121,403			708,710			(182,678	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			-			-
Realized Gain (Loss) on Investments		(29,834,490	)		(8,124,783	)		(22,763,743	)		(6,345,357	)

Net Realized Capital Gains (Losses) on Investments		(29,834,490	)		(8,124,783	)		(22,763,743	)		(6,345,357	)
Net Change in Unrealized Appreciation (Depreciation)		123,681,049			52,232,593			94,394,008			49,920,328

Net Gain (Loss) on Investment		93,846,559			44,107,810			71,630,265			43,574,971

Net Increase (Decrease) in Net Assets Resulting from Operations		95,490,723			44,229,213			72,338,975			43,392,293


Increase (Decrease) in Net Assets from Contract Transactions		(80,017,878	)		(31,049,176	)		(92,998,692	)		(35,156,526	)


Total Increase (Decrease) in Net Assets		15,472,845			13,180,037			(20,659,717	)		8,235,767


Net Assets as of December 31, 2023:	$	869,676,856		$	305,012,048		$	674,821,416		$	302,181,696

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	TA BlackRock iShares Edge 100 Service Class Subaccount			TA BlackRock iShares Edge 40 Initial Class Subaccount			TA BlackRock iShares Edge 40 Service Class Subaccount			TA BlackRock iShares Edge 50 Service Class Subaccount

Net Assets as of December 31, 2021:	$	71,242,476		$	18,704,737		$	278,799,836		$	495,078,284


Investment Income:
Reinvested Dividends		735,030			300,849			3,569,382			5,645,306
Investment Expense:
Mortality and Expense Risk and Administrative Charges		697,416			240,902			3,054,698			5,002,886

Net Investment Income (Loss)		37,614			59,947			514,684			642,420

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		2,229,202			654,749			9,320,736			10,387,765
Realized Gain (Loss) on Investments		1,510,417			(136,309	)		(180,939	)		3,071,795

Net Realized Capital Gains (Losses) on Investments		3,739,619			518,440			9,139,797			13,459,560
Net Change in Unrealized Appreciation (Depreciation)		(15,801,818	)		(3,432,145	)		(51,435,145	)		(90,498,680	)

Net Gain (Loss) on Investment		(12,062,199	)		(2,913,705	)		(42,295,348	)		(77,039,120	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(12,024,585	)		(2,853,758	)		(41,780,664	)		(76,396,700	)


Increase (Decrease) in Net Assets from Contract Transactions		(3,085,437	)		(1,001,494	)		(34,372,697	)		(15,814,135	)


Total Increase (Decrease) in Net Assets		(15,110,022	)		(3,855,252	)		(76,153,361	)		(92,210,835	)


Net Assets as of December 31, 2022:	$	56,132,454		$	14,849,485		$	202,646,475		$	402,867,449


Investment Income:
Reinvested Dividends		1,097,531			332,680			3,876,104			6,888,928
Investment Expense:
Mortality and Expense Risk and Administrative Charges		660,883			223,693			2,589,871			4,601,143

Net Investment Income (Loss)		436,648			108,987			1,286,233			2,287,785

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		8,473,190			226,256			3,025,086			2,904,660
Realized Gain (Loss) on Investments		30,886			(274,659	)		(2,535,665	)		1,193,048

Net Realized Capital Gains (Losses) on Investments		8,504,076			(48,403	)		489,421			4,097,708
Net Change in Unrealized Appreciation (Depreciation)		(1,785,039	)		1,037,903			12,312,931			25,808,021

Net Gain (Loss) on Investment		6,719,037			989,500			12,802,352			29,905,729

Net Increase (Decrease) in Net Assets Resulting from Operations		7,155,685			1,098,487			14,088,585			32,193,514


Increase (Decrease) in Net Assets from Contract Transactions		(2,145,028	)		(1,155,775	)		(25,847,658	)		(35,907,286	)


Total Increase (Decrease) in Net Assets		5,010,657			(57,288	)		(11,759,073	)		(3,713,772	)


Net Assets as of December 31, 2023:	$	61,143,111		$	14,792,197		$	190,887,402		$	399,153,677

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	TA BlackRock iShares Edge 75 Service Class Subaccount			TA BlackRock Real Estate Securities Initial Class Subaccount			TA BlackRock Real Estate Securities Service Class Subaccount			TA BlackRock Tactical Allocation Service Class Subaccount

Net Assets as of December 31, 2021:	$	182,158,515		$	37,581,657		$	96,045,926		$	1,153,148,970


Investment Income:
Reinvested Dividends		2,031,467			944,819			2,184,012			34,227,326
Investment Expense:
Mortality and Expense Risk and Administrative Charges		1,891,828			422,532			1,030,305			12,974,305

Net Investment Income (Loss)		139,639			522,287			1,153,707			21,253,021

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		6,497,783			-			-			79,048,233
Realized Gain (Loss) on Investments		3,288,287			(646,632	)		(1,650,261	)		(17,083,696	)

Net Realized Capital Gains (Losses) on Investments		9,786,070			(646,632	)		(1,650,261	)		61,964,537
Net Change in Unrealized Appreciation (Depreciation)		(38,612,124	)		(10,141,438	)		(26,852,513	)		(277,167,704	)

Net Gain (Loss) on Investment		(28,826,054	)		(10,788,070	)		(28,502,774	)		(215,203,167	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(28,686,415	)		(10,265,783	)		(27,349,067	)		(193,950,146	)


Increase (Decrease) in Net Assets from Contract Transactions		(12,244,288	)		(4,094,570	)		(5,342,994	)		(120,666,220	)


Total Increase (Decrease) in Net Assets		(40,930,703	)		(14,360,353	)		(32,692,061	)		(314,616,366	)


Net Assets as of December 31, 2022:	$	141,227,812		$	23,221,304		$	63,353,865		$	838,532,604


Investment Income:
Reinvested Dividends		2,427,572			1,335,730			3,280,921			20,235,851
Investment Expense:
Mortality and Expense Risk and Administrative Charges		1,716,611			336,122			845,004			11,325,754

Net Investment Income (Loss)		710,961			999,608			2,435,917			8,910,097

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		4,301,488			-			-			30,016,208
Realized Gain (Loss) on Investments		1,368,899			(1,126,945	)		(3,283,367	)		(26,470,145	)

Net Realized Capital Gains (Losses) on Investments		5,670,387			(1,126,945	)		(3,283,367	)		3,546,063
Net Change in Unrealized Appreciation (Depreciation)		7,439,392			2,623,883			7,832,949			90,342,079

Net Gain (Loss) on Investment		13,109,779			1,496,938			4,549,582			93,888,142

Net Increase (Decrease) in Net Assets Resulting from Operations		13,820,740			2,496,546			6,985,499			102,798,239


Increase (Decrease) in Net Assets from Contract Transactions		(20,135,729	)		(2,098,887	)		(4,431,360	)		(119,981,218	)


Total Increase (Decrease) in Net Assets		(6,314,989	)		397,659			2,554,139			(17,182,979	)


Net Assets as of December 31, 2023:	$	134,912,823		$	23,618,963		$	65,908,004		$	821,349,625

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	TA Goldman Sachs 70/30 Service Class Subaccount			TA Goldman Sachs Managed Risk - Balanced ETF Service Class Subaccount			TA Goldman Sachs Managed Risk - Conservative ETF Service Class Subaccount			TA Goldman Sachs Managed Risk - Growth ETF Service Class Subaccount

Net Assets as of December 31, 2021:	$	1,822,679		$	5,086,400,083		$	576,424,580		$	2,218,534,421


Investment Income:
Reinvested Dividends		41,043			63,014,171			7,706,416			25,939,206
Investment Expense:
Mortality and Expense Risk and Administrative Charges		23,987			52,618,688			6,046,975			24,313,196

Net Investment Income (Loss)		17,056			10,395,483			1,659,441			1,626,010

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		132,768			105,070,583			7,198,661			108,962,556
Realized Gain (Loss) on Investments		(10,689	)		5,219,153			(3,348,403	)		(13,496,013	)

Net Realized Capital Gains (Losses) on Investments		122,079			110,289,736			3,850,258			95,466,543
Net Change in Unrealized Appreciation (Depreciation)		(551,547	)		(879,604,477	)		(77,955,255	)		(437,348,062	)

Net Gain (Loss) on Investment		(429,468	)		(769,314,741	)		(74,104,997	)		(341,881,519	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(412,412	)		(758,919,258	)		(72,445,556	)		(340,255,509	)


Increase (Decrease) in Net Assets from Contract Transactions		829,629			(474,444,375	)		(66,020,410	)		(188,961,873	)


Total Increase (Decrease) in Net Assets		417,217			(1,233,363,633	)		(138,465,966	)		(529,217,382	)


Net Assets as of December 31, 2022:	$	2,239,896		$	3,853,036,450		$	437,958,614		$	1,689,317,039


Investment Income:
Reinvested Dividends		44,663			56,017,386			7,452,944			24,275,331
Investment Expense:
Mortality and Expense Risk and Administrative Charges		32,302			47,195,863			5,302,320			22,307,753

Net Investment Income (Loss)		12,361			8,821,523			2,150,624			1,967,578

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		49,084			258,842,297			19,951,464			44,423,350
Realized Gain (Loss) on Investments		(33,901	)		(19,620,853	)		(5,310,130	)		(10,640,047	)

Net Realized Capital Gains (Losses) on Investments		15,183			239,221,444			14,641,334			33,783,303
Net Change in Unrealized Appreciation (Depreciation)		384,812			175,674,636			20,269,228			218,732,306

Net Gain (Loss) on Investment		399,995			414,896,080			34,910,562			252,515,609

Net Increase (Decrease) in Net Assets Resulting from Operations		412,356			423,717,603			37,061,186			254,483,187


Increase (Decrease) in Net Assets from Contract Transactions		1,434,179			(471,808,901	)		(57,946,852	)		(224,060,817	)


Total Increase (Decrease) in Net Assets		1,846,535			(48,091,298	)		(20,885,666	)		30,422,370


Net Assets as of December 31, 2023:	$	4,086,431		$	3,804,945,152		$	417,072,948		$	1,719,739,409

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	TA Great Lakes Advisors Large Cap Value Service Class Subaccount			TA International Focus Initial Class Subaccount			TA International Focus Service Class Subaccount			TA Janus Balanced Service Class Subaccount

Net Assets as of December 31, 2021:	$	43,772,055		$	78,746,427		$	123,852,336		$	1,132,349,414


Investment Income:
Reinvested Dividends		143,624			1,824,838			2,658,482			7,629,455
Investment Expense:
Mortality and Expense Risk and Administrative Charges		619,497			914,798			1,283,612			12,452,389

Net Investment Income (Loss)		(475,873	)		910,040			1,374,870			(4,822,934	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		1,715,187			3,195,515			5,182,933			108,334,110
Realized Gain (Loss) on Investments		3,663,725			197,097			(1,401,506	)		30,898,092

Net Realized Capital Gains (Losses) on Investments		5,378,912			3,392,612			3,781,427			139,232,202
Net Change in Unrealized Appreciation (Depreciation)		(9,315,041	)		(20,772,529	)		(31,272,636	)		(331,234,693	)

Net Gain (Loss) on Investment		(3,936,129	)		(17,379,917	)		(27,491,209	)		(192,002,491	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(4,412,002	)		(16,469,877	)		(26,116,339	)		(196,825,425	)


Increase (Decrease) in Net Assets from Contract Transactions		12,070,867			(5,303,182	)		(8,990,756	)		(114,898,544	)


Total Increase (Decrease) in Net Assets		7,658,865			(21,773,059	)		(35,107,095	)		(311,723,969	)


Net Assets as of December 31, 2022:	$	51,430,920		$	56,973,368		$	88,745,241		$	820,625,445


Investment Income:
Reinvested Dividends		454,942			1,141,373			1,535,598			9,308,739
Investment Expense:
Mortality and Expense Risk and Administrative Charges		651,152			852,134			1,163,666			11,116,012

Net Investment Income (Loss)		(196,210	)		289,239			371,932			(1,807,273	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		2,423,096			-			-			23,962,260
Realized Gain (Loss) on Investments		796,720			(694,627	)		(545,861	)		14,984,453

Net Realized Capital Gains (Losses) on Investments		3,219,816			(694,627	)		(545,861	)		38,946,713
Net Change in Unrealized Appreciation (Depreciation)		2,601,245			6,343,695			9,213,517			66,855,234

Net Gain (Loss) on Investment		5,821,061			5,649,068			8,667,656			105,801,947

Net Increase (Decrease) in Net Assets Resulting from Operations		5,624,851			5,938,307			9,039,588			103,994,674


Increase (Decrease) in Net Assets from Contract Transactions		(3,202,794	)		(4,389,063	)		(9,824,790	)		(94,674,499	)


Total Increase (Decrease) in Net Assets		2,422,057			1,549,244			(785,202	)		9,320,175


Net Assets as of December 31, 2023:	$	53,852,977		$	58,522,612		$	87,960,039		$	829,945,620

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	TA Janus Mid-Cap Growth Initial Class Subaccount			TA Janus Mid-Cap Growth Service Class Subaccount			TA JPMorgan Asset Allocation - Conservative Initial Class Subaccount			TA JPMorgan Asset Allocation - Conservative Service Class Subaccount

Net Assets as of December 31, 2021:	$	82,603,363		$	217,859,738		$	148,147,123		$	927,848,971


Investment Income:
Reinvested Dividends		-			-			6,818,800			40,620,689
Investment Expense:
Mortality and Expense Risk and Administrative Charges		997,157			2,289,076			1,946,655			10,206,666

Net Investment Income (Loss)		(997,157	)		(2,289,076	)		4,872,145			30,414,023

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		9,819,875			27,461,509			11,225,668			70,848,822
Realized Gain (Loss) on Investments		2,959,908			1,424,278			(1,965,901	)		(12,314,713	)

Net Realized Capital Gains (Losses) on Investments		12,779,783			28,885,787			9,259,767			58,534,109
Net Change in Unrealized Appreciation (Depreciation)		(26,348,045	)		(64,980,015	)		(37,869,363	)		(238,581,663	)

Net Gain (Loss) on Investment		(13,568,262	)		(36,094,228	)		(28,609,596	)		(180,047,554	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(14,565,419	)		(38,383,304	)		(23,737,451	)		(149,633,531	)


Increase (Decrease) in Net Assets from Contract Transactions		(7,469,037	)		(22,345,268	)		(13,632,260	)		(103,359,493	)


Total Increase (Decrease) in Net Assets		(22,034,456	)		(60,728,572	)		(37,369,711	)		(252,993,024	)


Net Assets as of December 31, 2022:	$	60,568,907		$	157,131,166		$	110,777,412		$	674,855,947


Investment Income:
Reinvested Dividends		-			-			2,490,441			12,497,614
Investment Expense:
Mortality and Expense Risk and Administrative Charges		960,155			2,159,605			1,725,296			8,403,113

Net Investment Income (Loss)		(960,155	)		(2,159,605	)		765,145			4,094,501

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		11,217,967			30,995,444			-			-
Realized Gain (Loss) on Investments		591,946			(3,288,719	)		(5,364,202	)		(30,649,538	)

Net Realized Capital Gains (Losses) on Investments		11,809,913			27,706,725			(5,364,202	)		(30,649,538	)
Net Change in Unrealized Appreciation (Depreciation)		(1,895,592	)		(2,007,116	)		9,994,300			58,748,890

Net Gain (Loss) on Investment		9,914,321			25,699,609			4,630,098			28,099,352

Net Increase (Decrease) in Net Assets Resulting from Operations		8,954,166			23,540,004			5,395,243			32,193,853


Increase (Decrease) in Net Assets from Contract Transactions		(3,653,758	)		(5,697,749	)		(9,211,428	)		(93,331,999	)


Total Increase (Decrease) in Net Assets		5,300,408			17,842,255			(3,816,185	)		(61,138,146	)


Net Assets as of December 31, 2023:	$	65,869,315		$	174,973,421		$	106,961,227		$	613,717,801

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	TA JPMorgan Asset Allocation - Growth Initial Class Subaccount			TA JPMorgan Asset Allocation - Growth Service Class Subaccount			TA JPMorgan Asset Allocation - Moderate Initial Class Subaccount			TA JPMorgan Asset Allocation - Moderate Service Class Subaccount

Net Assets as of December 31, 2021:	$	291,759,374		$	277,338,674		$	338,721,084		$	6,100,877,248


Investment Income:
Reinvested Dividends		13,575,139			12,796,796			14,556,489			257,066,523
Investment Expense:
Mortality and Expense Risk and Administrative Charges		3,546,652			2,965,473			4,323,544			64,428,173

Net Investment Income (Loss)		10,028,487			9,831,323			10,232,945			192,638,350

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		45,453,371			45,196,316			26,905,391			503,996,286
Realized Gain (Loss) on Investments		3,196,863			(2,684,803	)		2,084,817			(13,537,726	)

Net Realized Capital Gains (Losses) on Investments		48,650,234			42,511,513			28,990,208			490,458,560
Net Change in Unrealized Appreciation (Depreciation)		(126,434,408	)		(117,576,164	)		(95,937,493	)		(1,711,357,151	)

Net Gain (Loss) on Investment		(77,784,174	)		(75,064,651	)		(66,947,285	)		(1,220,898,591	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(67,755,687	)		(65,233,328	)		(56,714,340	)		(1,028,260,241	)


Increase (Decrease) in Net Assets from Contract Transactions		(21,537,585	)		(14,059,622	)		(31,695,283	)		(489,712,530	)


Total Increase (Decrease) in Net Assets		(89,293,272	)		(79,292,950	)		(88,409,623	)		(1,517,972,771	)


Net Assets as of December 31, 2022:	$	202,466,102		$	198,045,724		$	250,311,461		$	4,582,904,477


Investment Income:
Reinvested Dividends		3,649,330			3,058,733			5,147,799			81,226,292
Investment Expense:
Mortality and Expense Risk and Administrative Charges		3,276,912			2,743,740			3,849,957			55,968,671

Net Investment Income (Loss)		372,418			314,993			1,297,842			25,257,621

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		2,974,335			2,946,566			1,858,995			33,941,306
Realized Gain (Loss) on Investments		(4,496,223	)		(8,715,163	)		(6,372,178	)		(99,739,400	)

Net Realized Capital Gains (Losses) on Investments		(1,521,888	)		(5,768,597	)		(4,513,183	)		(65,798,094	)
Net Change in Unrealized Appreciation (Depreciation)		37,474,287			40,244,548			20,760,768			357,551,050

Net Gain (Loss) on Investment		35,952,399			34,475,951			16,247,585			291,752,956

Net Increase (Decrease) in Net Assets Resulting from Operations		36,324,817			34,790,944			17,545,427			317,010,577


Increase (Decrease) in Net Assets from Contract Transactions		(12,981,151	)		(15,060,452	)		(16,267,934	)		(476,606,628	)


Total Increase (Decrease) in Net Assets		23,343,666			19,730,492			1,277,493			(159,596,051	)


Net Assets as of December 31, 2023:	$	225,809,768		$	217,776,216		$	251,588,954		$	4,423,308,426

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	TA JPMorgan Asset Allocation - Moderate Growth Initial Class Subaccount			TA JPMorgan Asset Allocation - Moderate Growth Service Class Subaccount			TA JPMorgan Enhanced Index Initial Class Subaccount			TA JPMorgan Enhanced Index Service Class Subaccount

Net Assets as of December 31, 2021:	$	487,440,782		$	3,313,249,689		$	152,720,740		$	120,395,636


Investment Income:
Reinvested Dividends		21,097,683			137,891,176			854,164			399,815
Investment Expense:
Mortality and Expense Risk and Administrative Charges		6,148,730			38,077,522			1,946,089			1,317,395

Net Investment Income (Loss)		14,948,953			99,813,654			(1,091,925	)		(917,580	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		53,899,417			373,993,232			15,062,252			11,881,862
Realized Gain (Loss) on Investments		3,708,492			8,453,157			2,449,169			907,609

Net Realized Capital Gains (Losses) on Investments		57,607,909			382,446,389			17,511,421			12,789,471
Net Change in Unrealized Appreciation (Depreciation)		(160,483,978	)		(1,083,030,003	)		(45,829,755	)		(35,207,894	)

Net Gain (Loss) on Investment		(102,876,069	)		(700,583,614	)		(28,318,334	)		(22,418,423	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(87,927,116	)		(600,769,960	)		(29,410,259	)		(23,336,003	)


Increase (Decrease) in Net Assets from Contract Transactions		(36,670,148	)		(305,950,895	)		(8,743,451	)		(6,637,332	)


Total Increase (Decrease) in Net Assets		(124,597,264	)		(906,720,855	)		(38,153,710	)		(29,973,335	)


Net Assets as of December 31, 2022:	$	362,843,518		$	2,406,528,834		$	114,567,030		$	90,422,301


Investment Income:
Reinvested Dividends		7,070,209			39,929,255			1,010,755			602,033
Investment Expense:
Mortality and Expense Risk and Administrative Charges		5,551,652			32,757,662			1,885,597			1,339,412

Net Investment Income (Loss)		1,518,557			7,171,593			(874,842	)		(737,379	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		15,646,665			103,272,522			5,814,717			4,848,237
Realized Gain (Loss) on Investments		(12,083,754	)		(80,451,847	)		1,762,377			35,619

Net Realized Capital Gains (Losses) on Investments		3,562,911			22,820,675			7,577,094			4,883,856
Net Change in Unrealized Appreciation (Depreciation)		30,922,998			197,490,469			21,727,761			18,590,703

Net Gain (Loss) on Investment		34,485,909			220,311,144			29,304,855			23,474,559

Net Increase (Decrease) in Net Assets Resulting from Operations		36,004,466			227,482,737			28,430,013			22,737,180


Increase (Decrease) in Net Assets from Contract Transactions		(32,642,186	)		(325,623,391	)		(6,772,669	)		(84,940	)


Total Increase (Decrease) in Net Assets		3,362,280			(98,140,654	)		21,657,344			22,652,240


Net Assets as of December 31, 2023:	$	366,205,798		$	2,308,388,180		$	136,224,374		$	113,074,541

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	TA JPMorgan International Moderate Growth Initial Class Subaccount			TA JPMorgan International Moderate Growth Service Class Subaccount			TA JPMorgan Mid Cap Value Service Class Subaccount			TA JPMorgan Tactical Allocation Service Class Subaccount

Net Assets as of December 31, 2021:	$	122,510		$	526,796,115		$	275,957,681		$	1,248,715,111


Investment Income:
Reinvested Dividends		5,482			20,025,164			1,339,392			15,968,050
Investment Expense:
Mortality and Expense Risk and Administrative Charges		475			5,948,186			3,282,969			12,697,282

Net Investment Income (Loss)		5,007			14,076,978			(1,943,577	)		3,270,768

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		8,988			35,107,638			45,164,367			108,591,122
Realized Gain (Loss) on Investments		(20	)		4,674,527			2,488,282			(3,590,820	)

Net Realized Capital Gains (Losses) on Investments		8,968			39,782,165			47,652,649			105,000,302
Net Change in Unrealized Appreciation (Depreciation)		(35,615	)		(148,796,064	)		(72,214,501	)		(302,346,453	)

Net Gain (Loss) on Investment		(26,647	)		(109,013,899	)		(24,561,852	)		(197,346,151	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(21,640	)		(94,936,921	)		(26,505,429	)		(194,075,383	)


Increase (Decrease) in Net Assets from Contract Transactions		898			(53,885,089	)		(25,214,641	)		(110,903,003	)


Total Increase (Decrease) in Net Assets		(20,742	)		(148,822,010	)		(51,720,070	)		(304,978,386	)


Net Assets as of December 31, 2022:	$	101,768		$	377,974,105		$	224,237,611		$	943,736,725


Investment Income:
Reinvested Dividends		1,705			4,808,457			2,680,841			13,893,321
Investment Expense:
Mortality and Expense Risk and Administrative Charges		468			5,087,824			2,885,545			11,030,763

Net Investment Income (Loss)		1,237			(279,367	)		(204,704	)		2,862,558

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			20,208,963			-
Realized Gain (Loss) on Investments		(28	)		(3,188,051	)		(5,228,657	)		(18,582,849	)

Net Realized Capital Gains (Losses) on Investments		(28	)		(3,188,051	)		14,980,306			(18,582,849	)
Net Change in Unrealized Appreciation (Depreciation)		7,572			28,306,468			3,670,652			79,022,706

Net Gain (Loss) on Investment		7,544			25,118,417			18,650,958			60,439,857

Net Increase (Decrease) in Net Assets Resulting from Operations		8,781			24,839,050			18,446,254			63,302,415


Increase (Decrease) in Net Assets from Contract Transactions		(1,469	)		(49,624,166	)		(22,123,814	)		(101,223,052	)


Total Increase (Decrease) in Net Assets		7,312			(24,785,116	)		(3,677,560	)		(37,920,637	)


Net Assets as of December 31, 2023:	$	109,080		$	353,188,989		$	220,560,051		$	905,816,088

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	TA Madison Diversified Income Service Class Subaccount			TA Market Participation Strategy Service Class Subaccount			TA Morgan Stanley Global Allocation Service Class Subaccount			TA Morgan Stanley Global Allocation Managed Risk - Balanced Service Class Subaccount

Net Assets as of December 31, 2021:	$	169,105,407		$	426,246,408		$	1,114,949,967		$	283,342,932


Investment Income:
Reinvested Dividends		2,406,463			118,102			749,419			35,751,887
Investment Expense:
Mortality and Expense Risk and Administrative Charges		1,901,354			4,782,364			12,416,226			3,061,145

Net Investment Income (Loss)		505,109			(4,664,262	)		(11,666,807	)		32,690,742

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		20,659,803			84,701,365			138,636,495			-
Realized Gain (Loss) on Investments		1,197,267			(3,205,900	)		8,001,840			(2,141,469	)

Net Realized Capital Gains (Losses) on Investments		21,857,070			81,495,465			146,638,335			(2,141,469	)
Net Change in Unrealized Appreciation (Depreciation)		(41,352,357	)		(144,135,259	)		(337,894,475	)		(78,224,805	)

Net Gain (Loss) on Investment		(19,495,287	)		(62,639,794	)		(191,256,140	)		(80,366,274	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(18,990,178	)		(67,304,056	)		(202,922,947	)		(47,675,532	)


Increase (Decrease) in Net Assets from Contract Transactions		(12,790,442	)		(46,461,375	)		(110,720,637	)		(22,537,342	)


Total Increase (Decrease) in Net Assets		(31,780,620	)		(113,765,431	)		(313,643,584	)		(70,212,874	)


Net Assets as of December 31, 2022:	$	137,324,787		$	312,480,977		$	801,306,383		$	213,130,058


Investment Income:
Reinvested Dividends		2,528,436			1,222,111			-			39,148,042
Investment Expense:
Mortality and Expense Risk and Administrative Charges		1,673,810			4,170,377			10,712,229			2,663,275

Net Investment Income (Loss)		854,626			(2,948,266	)		(10,712,229	)		36,484,767

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		5,655,800			-			28,276,029			-
Realized Gain (Loss) on Investments		(3,677,976	)		(11,864,801	)		(16,308,774	)		(7,968,396	)

Net Realized Capital Gains (Losses) on Investments		1,977,824			(11,864,801	)		11,967,255			(7,968,396	)
Net Change in Unrealized Appreciation (Depreciation)		152,737			43,888,298			88,162,161			(13,424,565	)

Net Gain (Loss) on Investment		2,130,561			32,023,497			100,129,416			(21,392,961	)

Net Increase (Decrease) in Net Assets Resulting from Operations		2,985,187			29,075,231			89,417,187			15,091,806


Increase (Decrease) in Net Assets from Contract Transactions		(16,446,890	)		(39,981,762	)		(116,019,048	)		(20,356,562	)


Total Increase (Decrease) in Net Assets		(13,461,703	)		(10,906,531	)		(26,601,861	)		(5,264,756	)


Net Assets as of December 31, 2023:	$	123,863,084		$	301,574,446		$	774,704,522		$	207,865,302

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	TA MSCI EAFE Index Service Class Subaccount			TA Multi-Managed Balanced Initial Class Subaccount			TA Multi-Managed Balanced Service Class Subaccount			TA PIMCO Tactical - Balanced Service Class Subaccount

Net Assets as of December 31, 2021:	$	63,434,579		$	103,782,711		$	1,423,573,591		$	489,372,576


Investment Income:
Reinvested Dividends		1,607,039			1,023,827			10,728,980			2,167,354
Investment Expense:
Mortality and Expense Risk and Administrative Charges		729,267			1,332,994			15,150,446			5,311,127

Net Investment Income (Loss)		877,772			(309,167	)		(4,421,466	)		(3,143,773	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			10,155,926			141,401,896			36,401,097
Realized Gain (Loss) on Investments		110,440			1,433,034			23,847,037			(9,093,029	)

Net Realized Capital Gains (Losses) on Investments		110,440			11,588,960			165,248,933			27,308,068
Net Change in Unrealized Appreciation (Depreciation)		(11,096,572	)		(29,019,705	)		(402,125,276	)		(122,052,213	)

Net Gain (Loss) on Investment		(10,986,132	)		(17,430,745	)		(236,876,343	)		(94,744,145	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(10,108,360	)		(17,739,912	)		(241,297,809	)		(97,887,918	)


Increase (Decrease) in Net Assets from Contract Transactions		517,336			(7,729,453	)		(134,389,284	)		(46,142,534	)


Total Increase (Decrease) in Net Assets		(9,591,024	)		(25,469,365	)		(375,687,093	)		(144,030,452	)


Net Assets as of December 31, 2022:	$	53,843,555		$	78,313,346		$	1,047,886,498		$	345,342,124


Investment Income:
Reinvested Dividends		1,355,337			1,338,057			14,041,579			3,488,240
Investment Expense:
Mortality and Expense Risk and Administrative Charges		779,707			1,260,334			13,492,894			4,516,270

Net Investment Income (Loss)		575,630			77,723			548,685			(1,028,030	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			2,827,998			35,913,622			-
Realized Gain (Loss) on Investments		895,589			57,336			8,277,038			(15,030,431	)

Net Realized Capital Gains (Losses) on Investments		895,589			2,885,334			44,190,660			(15,030,431	)
Net Change in Unrealized Appreciation (Depreciation)		7,094,512			10,121,317			119,605,595			45,398,203

Net Gain (Loss) on Investment		7,990,101			13,006,651			163,796,255			30,367,772

Net Increase (Decrease) in Net Assets Resulting from Operations		8,565,731			13,084,374			164,344,940			29,339,742


Increase (Decrease) in Net Assets from Contract Transactions		928,138			(1,569,002	)		(154,704,937	)		(41,431,055	)


Total Increase (Decrease) in Net Assets		9,493,869			11,515,372			9,640,003			(12,091,313	)


Net Assets as of December 31, 2023:	$	63,337,424		$	89,828,718		$	1,057,526,501		$	333,250,811

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	TA PIMCO Tactical - Conservative Service Class Subaccount			TA PIMCO Tactical - Growth Service Class Subaccount			TA PineBridge Inflation Opportunities Service Class Subaccount			TA ProFunds UltraBear Service Class (OAM) Subaccount

Net Assets as of December 31, 2021:	$	238,609,962		$	316,811,089		$	150,647,481		$	6,876,123


Investment Income:
Reinvested Dividends		2,056,722			-			5,456,405			-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		2,577,748			3,427,584			1,961,904			326,324

Net Investment Income (Loss)		(521,026	)		(3,427,584	)		3,494,501			(326,324	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		11,300,835			32,464,339			-			-
Realized Gain (Loss) on Investments		(4,074,994	)		(4,696,216	)		1,236,546			(2,876,188	)

Net Realized Capital Gains (Losses) on Investments		7,225,841			27,768,123			1,236,546			(2,876,188	)
Net Change in Unrealized Appreciation (Depreciation)		(48,884,681	)		(82,411,698	)		(23,387,432	)		4,526,528

Net Gain (Loss) on Investment		(41,658,840	)		(54,643,575	)		(22,150,886	)		1,650,340

Net Increase (Decrease) in Net Assets Resulting from Operations		(42,179,866	)		(58,071,159	)		(18,656,385	)		1,324,016


Increase (Decrease) in Net Assets from Contract Transactions		(24,830,890	)		(38,947,057	)		(289,672	)		22,316,380


Total Increase (Decrease) in Net Assets		(67,010,756	)		(97,018,216	)		(18,946,057	)		23,640,396


Net Assets as of December 31, 2022:	$	171,599,206		$	219,792,873		$	131,701,424		$	30,516,519


Investment Income:
Reinvested Dividends		2,013,988			1,886,064			6,346,912			-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		2,183,229			2,932,533			1,625,642			367,473

Net Investment Income (Loss)		(169,241	)		(1,046,469	)		4,721,270			(367,473	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			-			-
Realized Gain (Loss) on Investments		(6,689,230	)		(9,094,669	)		(1,147,426	)		(1,709,788	)

Net Realized Capital Gains (Losses) on Investments		(6,689,230	)		(9,094,669	)		(1,147,426	)		(1,709,788	)
Net Change in Unrealized Appreciation (Depreciation)		16,091,955			35,288,996			1,142,907			(8,684,656	)

Net Gain (Loss) on Investment		9,402,725			26,194,327			(4,519	)		(10,394,444	)

Net Increase (Decrease) in Net Assets Resulting from Operations		9,233,484			25,147,858			4,716,751			(10,761,917	)


Increase (Decrease) in Net Assets from Contract Transactions		(19,351,315	)		(28,354,490	)		(23,546,682	)		(643,972	)


Total Increase (Decrease) in Net Assets		(10,117,831	)		(3,206,632	)		(18,829,931	)		(11,405,889	)


Net Assets as of December 31, 2023:	$	161,481,375		$	216,586,241		$	112,871,493		$	19,110,630

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	TA S&P 500 Index Initial Class Subaccount⁽¹⁾			TA S&P 500 Index Service Class Subaccount			TA Small/Mid Cap Value Initial Class Subaccount			TA Small/Mid Cap Value Service Class Subaccount

Net Assets as of December 31, 2021:	$	-		$	442,108,663		$	109,376,817		$	206,377,951


Investment Income:
Reinvested Dividends		4,399			3,591,591			571,164			607,031
Investment Expense:
Mortality and Expense Risk and Administrative Charges		635			5,146,689			1,398,961			2,413,195

Net Investment Income (Loss)		3,764			(1,555,098	)		(827,797	)		(1,806,164	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		4,750			4,891,180			14,685,779			28,638,706
Realized Gain (Loss) on Investments		(132	)		15,484,570			1,052,201			3,040,694

Net Realized Capital Gains (Losses) on Investments		4,618			20,375,750			15,737,980			31,679,400
Net Change in Unrealized Appreciation (Depreciation)		713			(105,727,327	)		(25,017,766	)		(49,347,389	)

Net Gain (Loss) on Investment		5,331			(85,351,577	)		(9,279,786	)		(17,667,989	)

Net Increase (Decrease) in Net Assets Resulting from Operations		9,095			(86,906,675	)		(10,107,583	)		(19,474,153	)


Increase (Decrease) in Net Assets from Contract Transactions		616,801			834,047			(11,089,879	)		(20,082,123	)


Total Increase (Decrease) in Net Assets		625,896			(86,072,628	)		(21,197,462	)		(39,556,276	)


Net Assets as of December 31, 2022:	$	625,896		$	356,036,035		$	88,179,355		$	166,821,675


Investment Income:
Reinvested Dividends		10,046			4,027,695			905,596			1,394,174
Investment Expense:
Mortality and Expense Risk and Administrative Charges		2,563			5,676,502			1,254,553			2,230,031

Net Investment Income (Loss)		7,483			(1,648,807	)		(348,957	)		(835,857	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		11,891			5,873,145			8,329,557			17,045,683
Realized Gain (Loss) on Investments		28,679			12,521,997			(380,934	)		(1,018,375	)

Net Realized Capital Gains (Losses) on Investments		40,570			18,395,142			7,948,623			16,027,308
Net Change in Unrealized Appreciation (Depreciation)		201,660			72,744,228			1,222,635			2,070,200

Net Gain (Loss) on Investment		242,230			91,139,370			9,171,258			18,097,508

Net Increase (Decrease) in Net Assets Resulting from Operations		249,713			89,490,563			8,822,301			17,261,651


Increase (Decrease) in Net Assets from Contract Transactions		851,224			45,056,033			(8,416,760	)		(6,900,398	)


Total Increase (Decrease) in Net Assets		1,100,937			134,546,596			405,541			10,361,253


Net Assets as of December 31, 2023:	$	1,726,833		$	490,582,631		$	88,584,896		$	177,182,928

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	TA T. Rowe Price Small Cap Initial Class Subaccount			TA T. Rowe Price Small Cap Service Class Subaccount			TA TS&W International Equity Initial Class Subaccount			TA TS&W International Equity Service Class Subaccount

Net Assets as of December 31, 2021:	$	134,105,176		$	416,959,652		$	79,450,845		$	61,790,900


Investment Income:
Reinvested Dividends		-			-			2,205,226			1,581,261
Investment Expense:
Mortality and Expense Risk and Administrative Charges		1,541,295			4,258,664			989,517			688,708

Net Investment Income (Loss)		(1,541,295	)		(4,258,664	)		1,215,709			892,553

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		34,133,736			118,389,031			2,604,178			2,045,646
Realized Gain (Loss) on Investments		(433,160	)		(12,658,915	)		409,088			188,500

Net Realized Capital Gains (Losses) on Investments		33,700,576			105,730,116			3,013,266			2,234,146
Net Change in Unrealized Appreciation (Depreciation)		(63,146,114	)		(199,402,033	)		(16,619,310	)		(12,990,044	)

Net Gain (Loss) on Investment		(29,445,538	)		(93,671,917	)		(13,606,044	)		(10,755,898	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(30,986,833	)		(97,930,581	)		(12,390,335	)		(9,863,345	)


Increase (Decrease) in Net Assets from Contract Transactions		(9,837,986	)		(28,115,596	)		(4,916,037	)		(3,607,786	)


Total Increase (Decrease) in Net Assets		(40,824,819	)		(126,046,177	)		(17,306,372	)		(13,471,131	)


Net Assets as of December 31, 2022:	$	93,280,357		$	290,913,475		$	62,144,473		$	48,319,769


Investment Income:
Reinvested Dividends		-			-			713,726			420,405
Investment Expense:
Mortality and Expense Risk and Administrative Charges		1,462,945			3,999,419			982,418			670,687

Net Investment Income (Loss)		(1,462,945	)		(3,999,419	)		(268,692	)		(250,282	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		3,890,486			14,026,606			-			-
Realized Gain (Loss) on Investments		(4,350,531	)		(25,436,896	)		752,302			222,048

Net Realized Capital Gains (Losses) on Investments		(460,045	)		(11,410,290	)		752,302			222,048
Net Change in Unrealized Appreciation (Depreciation)		19,337,407			69,658,782			7,802,066			6,504,880

Net Gain (Loss) on Investment		18,877,362			58,248,492			8,554,368			6,726,928

Net Increase (Decrease) in Net Assets Resulting from Operations		17,414,417			54,249,073			8,285,676			6,476,646


Increase (Decrease) in Net Assets from Contract Transactions		(5,718,745	)		(15,547,030	)		(2,752,896	)		(2,235,960	)


Total Increase (Decrease) in Net Assets		11,695,672			38,702,043			5,532,780			4,240,686


Net Assets as of December 31, 2023:	$	104,976,029		$	329,615,518		$	67,677,253		$	52,560,455

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	TA WMC US Growth Initial Class Subaccount			TA WMC US Growth Service Class Subaccount			Vanguard^® Balanced Subaccount			Vanguard^® Capital Growth Subaccount

Net Assets as of December 31, 2021:	$	555,926,199		$	356,189,502		$	16,289,938		$	1,665,830


Investment Income:
Reinvested Dividends		-			-			334,785			16,074
Investment Expense:
Mortality and Expense Risk and Administrative Charges		6,253,569			3,584,623			283,578			5,942

Net Investment Income (Loss)		(6,253,569	)		(3,584,623	)		51,207			10,132

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		67,883,477			46,551,479			1,676,992			173,683
Realized Gain (Loss) on Investments		11,699,415			2,781,895			(311,441	)		(3,674	)

Net Realized Capital Gains (Losses) on Investments		79,582,892			49,333,374			1,365,551			170,009
Net Change in Unrealized Appreciation (Depreciation)		(246,282,902	)		(158,419,868	)		(4,418,892	)		(501,698	)

Net Gain (Loss) on Investment		(166,700,010	)		(109,086,494	)		(3,053,341	)		(331,689	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(172,953,579	)		(112,671,117	)		(3,002,134	)		(321,557	)


Increase (Decrease) in Net Assets from Contract Transactions		(50,166,110	)		(19,361,539	)		8,880,633			1,011,518


Total Increase (Decrease) in Net Assets		(223,119,689	)		(132,032,656	)		5,878,499			689,961


Net Assets as of December 31, 2022:	$	332,806,510		$	224,156,846		$	22,168,437		$	2,355,791


Investment Income:
Reinvested Dividends		236,379			-			576,525			28,858
Investment Expense:
Mortality and Expense Risk and Administrative Charges		7,987,265			7,072,709			466,711			8,643

Net Investment Income (Loss)		(7,750,886	)		(7,072,709	)		109,814			20,215

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		16,647,315			19,804,605			1,117,256			139,028
Realized Gain (Loss) on Investments		2,790,130			(3,391,561	)		(663,710	)		(105,525	)

Net Realized Capital Gains (Losses) on Investments		19,437,445			16,413,044			453,546			33,503
Net Change in Unrealized Appreciation (Depreciation)		157,291,632			159,079,844			3,158,654			659,763

Net Gain (Loss) on Investment		176,729,077			175,492,888			3,612,200			693,266

Net Increase (Decrease) in Net Assets Resulting from Operations		168,978,191			168,420,179			3,722,014			713,481


Increase (Decrease) in Net Assets from Contract Transactions		145,943,096			351,415,773			10,138,479			417,482


Total Increase (Decrease) in Net Assets		314,921,287			519,835,952			13,860,493			1,130,963


Net Assets as of December 31, 2023:	$	647,727,797		$	743,992,798		$	36,028,930		$	3,486,754

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	Vanguard^® Conservative Allocation Subaccount			Vanguard^® Diversified Value Subaccount			Vanguard^® Equity Income Subaccount			Vanguard^® Equity Index Subaccount

Net Assets as of December 31, 2021:	$	7,733,391		$	1,404,212		$	908,814		$	9,934,344


Investment Income:
Reinvested Dividends		177,999			16,167			37,458			122,065
Investment Expense:
Mortality and Expense Risk and Administrative Charges		116,910			4,538			4,535			48,982

Net Investment Income (Loss)		61,089			11,629			32,923			73,083

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		312,627			127,901			159,251			408,157
Realized Gain (Loss) on Investments		(164,062	)		11,146			(33,378	)		537,560

Net Realized Capital Gains (Losses) on Investments		148,565			139,047			125,873			945,717
Net Change in Unrealized Appreciation (Depreciation)		(1,720,499	)		(334,484	)		(155,709	)		(3,177,877	)

Net Gain (Loss) on Investment		(1,571,934	)		(195,437	)		(29,836	)		(2,232,160	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(1,510,845	)		(183,808	)		3,087			(2,159,077	)


Increase (Decrease) in Net Assets from Contract Transactions		3,252,402			484,413			1,256,733			4,930,428


Total Increase (Decrease) in Net Assets		1,741,557			300,605			1,259,820			2,771,351


Net Assets as of December 31, 2022:	$	9,474,948		$	1,704,817		$	2,168,634		$	12,705,695


Investment Income:
Reinvested Dividends		201,342			26,164			62,472			197,487
Investment Expense:
Mortality and Expense Risk and Administrative Charges		158,952			6,098			6,585			55,941

Net Investment Income (Loss)		42,390			20,066			55,887			141,546

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		260,596			99,456			122,138			437,389
Realized Gain (Loss) on Investments		(85,926	)		(5,750	)		(77,588	)		140,189

Net Realized Capital Gains (Losses) on Investments		174,670			93,706			44,550			577,578
Net Change in Unrealized Appreciation (Depreciation)		950,618			290,147			95,389			2,716,178

Net Gain (Loss) on Investment		1,125,288			383,853			139,939			3,293,756

Net Increase (Decrease) in Net Assets Resulting from Operations		1,167,678			403,919			195,826			3,435,302


Increase (Decrease) in Net Assets from Contract Transactions		1,984,535			612,140			458,485			959,975


Total Increase (Decrease) in Net Assets		3,152,213			1,016,059			654,311			4,395,277


Net Assets as of December 31, 2023:	$	12,627,161		$	2,720,876		$	2,822,945		$	17,100,972

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	Vanguard^® Global Bond Index Subaccount			Vanguard^® Growth Subaccount			Vanguard^® High Yield Bond Subaccount			Vanguard^® International Subaccount

Net Assets as of December 31, 2021:	$	315,941		$	3,489,927		$	553,263		$	7,109,922


Investment Income:
Reinvested Dividends		21,683			-			41,210			79,492
Investment Expense:
Mortality and Expense Risk and Administrative Charges		2,072			9,974			2,393			34,710

Net Investment Income (Loss)		19,611			(9,974	)		38,817			44,782

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		8,008			1,068,362			-			1,178,424
Realized Gain (Loss) on Investments		(6,494	)		(354,190	)		(18,874	)		(488,693	)

Net Realized Capital Gains (Losses) on Investments		1,514			714,172			(18,874	)		689,731
Net Change in Unrealized Appreciation (Depreciation)		(119,481	)		(2,091,859	)		(77,429	)		(3,017,923	)

Net Gain (Loss) on Investment		(117,967	)		(1,377,687	)		(96,303	)		(2,328,192	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(98,356	)		(1,387,661	)		(57,486	)		(2,283,410	)


Increase (Decrease) in Net Assets from Contract Transactions		574,864			1,076,794			734,834			1,044,972


Total Increase (Decrease) in Net Assets		476,508			(310,867	)		677,348			(1,238,438	)


Net Assets as of December 31, 2022:	$	792,449		$	3,179,060		$	1,230,611		$	5,871,484


Investment Income:
Reinvested Dividends		15,225			9,319			65,301			96,014
Investment Expense:
Mortality and Expense Risk and Administrative Charges		2,275			12,060			4,284			35,465

Net Investment Income (Loss)		12,950			(2,741	)		61,017			60,549

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		1,326			-			-			207,036
Realized Gain (Loss) on Investments		(8,618	)		(346,738	)		(8,666	)		(722,221	)

Net Realized Capital Gains (Losses) on Investments		(7,292	)		(346,738	)		(8,666	)		(515,185	)
Net Change in Unrealized Appreciation (Depreciation)		48,722			1,653,619			138,695			1,320,339

Net Gain (Loss) on Investment		41,430			1,306,881			130,029			805,154

Net Increase (Decrease) in Net Assets Resulting from Operations		54,380			1,304,140			191,046			865,703


Increase (Decrease) in Net Assets from Contract Transactions		211,475			437,001			711,917			929,356


Total Increase (Decrease) in Net Assets		265,855			1,741,141			902,963			1,795,059


Net Assets as of December 31, 2023:	$	1,058,304		$	4,920,201		$	2,133,574		$	7,666,543

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	Vanguard^® Mid-Cap Index Subaccount			Vanguard^® Moderate Allocation Subaccount			Vanguard^® Money Market Subaccount		Vanguard^® Real Estate Index Subaccount

Net Assets as of December 31, 2021:	$	12,811,995		$	15,250,760		$	4,608,533	$	2,851,570


Investment Income:
Reinvested Dividends		144,819			363,940			85,159		55,271
Investment Expense:
Mortality and Expense Risk and Administrative Charges		170,822			184,910			17,060		15,183

Net Investment Income (Loss)		(26,003	)		179,030			68,099		40,088

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		1,373,825			678,112			213		124,841
Realized Gain (Loss) on Investments		(173,796	)		(301,718	)		-		19,080

Net Realized Capital Gains (Losses) on Investments		1,200,029			376,394			213		143,921
Net Change in Unrealized Appreciation (Depreciation)		(4,116,337	)		(3,565,936	)		-		(1,140,649	)

Net Gain (Loss) on Investment		(2,916,308	)		(3,189,542	)		213		(996,728	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(2,942,311	)		(3,010,512	)		68,312		(956,640	)


Increase (Decrease) in Net Assets from Contract Transactions		5,117,849			6,431,357			329,133		1,506,871


Total Increase (Decrease) in Net Assets		2,175,538			3,420,845			397,445		550,231


Net Assets as of December 31, 2022:	$	14,987,533		$	18,671,605		$	5,005,978	$	3,401,801


Investment Income:
Reinvested Dividends		238,995			420,520			372,343		86,192
Investment Expense:
Mortality and Expense Risk and Administrative Charges		254,314			246,305			20,627		15,623

Net Investment Income (Loss)		(15,319	)		174,215			351,716		70,569

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		299,918			670,247			74		162,606
Realized Gain (Loss) on Investments		(381,050	)		(319,063	)		-		(167,762	)

Net Realized Capital Gains (Losses) on Investments		(81,132	)		351,184			74		(5,156	)
Net Change in Unrealized Appreciation (Depreciation)		2,839,883			2,470,561			-		298,132

Net Gain (Loss) on Investment		2,758,751			2,821,745			74		292,976

Net Increase (Decrease) in Net Assets Resulting from Operations		2,743,432			2,995,960			351,790		363,545


Increase (Decrease) in Net Assets from Contract Transactions		6,490,660			4,207,880			2,606,666		(105,350	)


Total Increase (Decrease) in Net Assets		9,234,092			7,203,840			2,958,456		258,195


Net Assets as of December 31, 2023:	$	24,221,625		$	25,875,445		$	7,964,434	$	3,659,996

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	Vanguard^® Short-Term Investment Grade Subaccount			Vanguard^® Total Bond Market Index Subaccount			Vanguard^® Total International Stock Market Index Subaccount			Vanguard^® Total Stock Market Index Subaccount

Net Assets as of December 31, 2021:	$	7,632,207		$	11,292,522		$	2,908,503		$	9,784,565


Investment Income:
Reinvested Dividends		135,486			240,583			122,615			127,465
Investment Expense:
Mortality and Expense Risk and Administrative Charges		43,295			53,426			12,006			28,178

Net Investment Income (Loss)		92,191			187,157			110,609			99,287

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		64,668			85,368			128,356			682,781
Realized Gain (Loss) on Investments		(223,178	)		(396,722	)		(49,660	)		(148,075	)

Net Realized Capital Gains (Losses) on Investments		(158,510	)		(311,354	)		78,696			534,706
Net Change in Unrealized Appreciation (Depreciation)		(450,216	)		(1,588,317	)		(793,061	)		(2,885,375	)

Net Gain (Loss) on Investment		(608,726	)		(1,899,671	)		(714,365	)		(2,350,669	)

Net Increase (Decrease) in Net Assets Resulting from Operations		(516,535	)		(1,712,514	)		(603,756	)		(2,251,382	)


Increase (Decrease) in Net Assets from Contract Transactions		1,304,169			1,757,986			2,787,174			2,503,594


Total Increase (Decrease) in Net Assets		787,634			45,472			2,183,418			252,212


Net Assets as of December 31, 2022:	$	8,419,841		$	11,337,994		$	5,091,921		$	10,036,777


Investment Income:
Reinvested Dividends		189,548			281,934			151,792			131,135
Investment Expense:
Mortality and Expense Risk and Administrative Charges		48,873			49,567			15,940			36,260

Net Investment Income (Loss)		140,675			232,367			135,852			94,875

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-			-			63,563			639,119
Realized Gain (Loss) on Investments		(116,531	)		(376,083	)		(186,631	)		(143,186	)

Net Realized Capital Gains (Losses) on Investments		(116,531	)		(376,083	)		(123,068	)		495,933
Net Change in Unrealized Appreciation (Depreciation)		620,474			768,497			807,541			2,189,954

Net Gain (Loss) on Investment		503,943			392,414			684,473			2,685,887

Net Increase (Decrease) in Net Assets Resulting from Operations		644,618			624,781			820,325			2,780,762


Increase (Decrease) in Net Assets from Contract Transactions		4,552,954			1,696,015			510,328			4,680,368


Total Increase (Decrease) in Net Assets		5,197,572			2,320,796			1,330,653			7,461,130


Net Assets as of December 31, 2023:	$	13,617,413		$	13,658,790		$	6,422,574		$	17,497,907

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	Voya Global Perspectives Class S Shares Subaccount			Voya Large Cap Value Class S Shares Subaccount			Voya Strategic Allocation Conservative Class S Shares Subaccount		Voya Strategic Allocation Moderate Class S Shares Subaccount

Net Assets as of December 31, 2021:	$	33,169		$	1,518		$	-	$	-


Investment Income:
Reinvested Dividends		868			20			-		-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		364			18			-		-

Net Investment Income (Loss)		504			2			-		-

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		2,322			773			-		-
Realized Gain (Loss) on Investments		(225	)		24			-		-

Net Realized Capital Gains (Losses) on Investments		2,097			797			-		-
Net Change in Unrealized Appreciation (Depreciation)		(8,773	)		(868	)		-		-

Net Gain (Loss) on Investment		(6,676	)		(71	)		-		-

Net Increase (Decrease) in Net Assets Resulting from Operations		(6,172	)		(69	)		-		-


Increase (Decrease) in Net Assets from Contract Transactions		(1,995	)		(127	)		-		-


Total Increase (Decrease) in Net Assets		(8,167	)		(196	)		-		-


Net Assets as of December 31, 2022:	$	25,002		$	1,322		$	-	$	-


Investment Income:
Reinvested Dividends		895			24			-		-
Investment Expense:
Mortality and Expense Risk and Administrative Charges		234			18			-		-

Net Investment Income (Loss)		661			6			-		-

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		967			17			-		-
Realized Gain (Loss) on Investments		(1,592	)		(33	)		-		-

Net Realized Capital Gains (Losses) on Investments		(625	)		(16	)		-		-
Net Change in Unrealized Appreciation (Depreciation)		1,652			168			-		-

Net Gain (Loss) on Investment		1,027			152			-		-

Net Increase (Decrease) in Net Assets Resulting from Operations		1,688			158			-		-


Increase (Decrease) in Net Assets from Contract Transactions		(11,328	)		11			-		-


Total Increase (Decrease) in Net Assets		(9,640	)		169			-		-


Net Assets as of December 31, 2023:	$	15,362		$	1,491		$	-	$	-

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Statements of Operations and Changes in Net Assets

Years Ended December 31, 2023 and 2022


	Wanger Acorn Subaccount		Wanger International Subaccount

Net Assets as of December 31, 2021:	$	-	$	287,903


Investment Income:
Reinvested Dividends		-		1,854
Investment Expense:
Mortality and Expense Risk and Administrative Charges		-		1,003

Net Investment Income (Loss)		-		851

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-		36,678
Realized Gain (Loss) on Investments		-		(15,726	)

Net Realized Capital Gains (Losses) on Investments		-		20,952
Net Change in Unrealized Appreciation (Depreciation)		-		(120,023	)

Net Gain (Loss) on Investment		-		(99,071	)

Net Increase (Decrease) in Net Assets Resulting from Operations		-		(98,220	)


Increase (Decrease) in Net Assets from Contract Transactions		-		(33,627	)


Total Increase (Decrease) in Net Assets		-		(131,847	)


Net Assets as of December 31, 2022:	$	-	$	156,056


Investment Income:
Reinvested Dividends		-		512
Investment Expense:
Mortality and Expense Risk and Administrative Charges		-		871

Net Investment Income (Loss)		-		(359	)

Increase (Decrease) in Net Assets from Operations:
Capital Gain Distributions		-		-
Realized Gain (Loss) on Investments		-		(6,066	)

Net Realized Capital Gains (Losses) on Investments		-		(6,066	)
Net Change in Unrealized Appreciation (Depreciation)		-		31,666

Net Gain (Loss) on Investment		-		25,600

Net Increase (Decrease) in Net Assets Resulting from Operations		-		25,241


Increase (Decrease) in Net Assets from Contract Transactions		-		(11,496	)


Total Increase (Decrease) in Net Assets		-		13,745


Net Assets as of December 31, 2023:	$	-	$	169,801

See Accompanying Notes.

⁽¹⁾ See Footnote 1

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

1. Organization

Separate Account VA B (the Separate Account) is a segregated investment account of Transamerica Life Insurance Company (TLIC), an indirect wholly owned subsidiary of Aegon N.V., a holding company organized under the laws of the Netherlands.

The Separate Account is registered with the Securities and Exchange Commission as a Unit Investment Trust pursuant to provisions of the Investment Company Act of 1940. TLIC and the Separate Account are regulated by the Securities and Exchange Commission. The assets and liabilities of the Separate Account are clearly identified and distinguished from TLIC’s other assets and liabilities. The Separate Account consists of multiple investment subaccounts. Each subaccount invests exclusively in the corresponding portfolio of a Mutual Fund. Each Mutual Fund is registered as an open-end management investment company under the Investment Company Act of 1940, as amended. Activity in these specified investment subaccounts is available to contract owners of Transamerica Variable Annuity Series, MEMBERS^® Variable Annuity Series, Partners Variable Annuity Series, Transamerica Landmark^SM Variable Annuity, MEMBERS^® Landmark^SM Variable Annuity, Transamerica Freedom^SM Variable Annuity, MEMBERS^® Freedom^SM Variable Annuity, Transamerica Advisor Elite II, Transamerica Income Elite^SM II, Transamerica Axiom^SM II, Transamerica Principium^SM III, Transamerica Retirement Income Plus, Transamerica Variable Annuity O-Share, Transamerica ABC Variable Annuity Series, Transamerica 123 Variable Annuity, Transamerica Extra^SM Variable Annuity, MEMBERS^® Extra^SM Variable Annuity, Transamerica Liberty^SM Variable Annuity, MEMBERS^® Liberty^SM Variable Annuity, Transamerica Advisor Elite^SM Variable Annuity, Income Elite^SM Variable Annuity, Transamerica Axiom^SM Variable Annuity, Transamerica Principium^SM II Variable Annuity, Transamerica I-Share Variable Annuity, Transamerica Inspire^SM Variable Annuity, Transamerica Advisory Annuity, Transamerica Axiom^SM III Variable Annuity, Transamerica I-Share II Variable Annuity, and Transamerica Principium IV^SM Variable Annuity.

The TA ProFunds UltraBear Service Class (OAM) is included in the subaccount listing only to facilitate a contract owner purchase option.

Subaccount Investment by Mutual Fund:


Subaccount		Mutual Fund
AB Variable Products Series Fund, Inc.		AB Variable Products Series Fund, Inc.
AB Balanced Hedged Allocation Class B Shares		AB Balanced Hedged Allocation Portfolio Class B Shares
AB Large Cap Growth Class B Shares		AB Large Cap Growth Portfolio Class B Shares
AB Relative Value Class B Shares		AB Relative Value Class Portfolio B Shares
American Funds Insurance Series^®		American Funds Insurance Series^®
American Funds - Asset Allocation Class 2 Shares		American Funds - Asset Allocation Fund Class 2 Shares
American Funds - Asset Allocation Class 4 Shares		American Funds - Asset Allocation Fund Class 4 Shares
American Funds - Growth Class 2 Shares		American Funds - Growth Fund Class 2 Shares
American Funds - Growth Class 4 Shares		American Funds - Growth Fund Class 4 Shares
American Funds - Growth-Income Class 2 Shares		American Funds - Growth-Income Fund Class 2 Shares
American Funds - Growth-Income Class 4 Shares		American Funds - Growth-Income Fund Class 4 Shares
American Funds - International Class 2 Shares		American Funds - International Fund Class 2 Shares
American Funds - International Class 4 Shares		American Funds - International Fund Class 4 Shares
American Funds - New World Class 4 Shares		American Funds - New World Fund Class 4 Shares
American Funds - The Bond Fund of America Class 2 Shares		American Funds - The Bond Fund of America Class 2 Shares
American Funds - The Bond Fund of America Class 4 Shares		American Funds - The Bond Fund of America Class 4 Shares
BlackRock Variable Series Funds, Inc.		BlackRock Variable Series Funds, Inc.
BlackRock Basic Value V.I. Class I Shares		BlackRock Basic Value V.I. Fund Class I Shares
BlackRock Global Allocation V.I. Class I Shares		BlackRock Global Allocation V.I. Fund Class I Shares
BlackRock High Yield V.I. Class I Shares		BlackRock High Yield V.I. Fund Class I Shares

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

1. Organization (continued)

Subaccount Investment by Mutual Fund:


Subaccount		Mutual Fund
DFA Investment Dimensions Group Inc.		DFA Investment Dimensions Group Inc.
DFA VA Equity Allocation		DFA VA Equity Allocation Portfolio
DFA VA Global Bond		DFA VA Global Bond Portfolio
DFA VA Global Moderate Allocation		DFA VA Global Moderate Allocation Portfolio
DFA VA International Small		DFA VA International Small Portfolio
DFA VA International Value		DFA VA International Value Portfolio
DFA VA Short-Term Fixed		DFA VA Short-Term Fixed Portfolio
DFA VA U.S. Large Value		DFA VA U.S. Large Value Portfolio
DFA VA U.S. Targeted Value		DFA VA U.S. Targeted Value Portfolio
Fidelity^® Variable Insurance Products Fund		Fidelity^® Variable Insurance Products Fund
Fidelity^® VIP Balanced Service Class 2		Fidelity^® VIP Balanced Service Portfolio Class 2
Fidelity^® VIP Consumer Staples Initial Class		Fidelity^® VIP Consumer Staples Portfolio Initial Class
Fidelity^® VIP Contrafund^® Initial Class		Fidelity^® VIP Contrafund^® Portfolio Initial Class
Fidelity^® VIP Contrafund^® Service Class 2		Fidelity^® VIP Contrafund^® Portfolio Service Class 2
Fidelity^® VIP Energy Service Class 2		Fidelity^® VIP Energy Portfolio Service Class 2
Fidelity^® VIP Equity-Income Initial Class		Fidelity^® VIP Equity-Income Portfolio Initial Class
Fidelity^® VIP Equity-Income Service Class 2		Fidelity^® VIP Equity-Income Portfolio Service Class 2
Fidelity^® VIP Growth Initial Class		Fidelity^® VIP Growth Portfolio Initial Class
Fidelity^® VIP Growth Service Class 2		Fidelity^® VIP Growth Portfolio Service Class 2
Fidelity^® VIP Growth Opportunities Service Class 2		Fidelity^® VIP Growth Opportunities Portfolio Service Class 2
Fidelity^® VIP Health Care Service Class 2		Fidelity^® VIP Health Care Portfolio Service Class 2
Fidelity^® VIP Mid Cap Initial Class		Fidelity^® VIP Mid Cap Portfolio Initial Class
Fidelity^® VIP Mid Cap Service Class 2		Fidelity^® VIP Mid Cap Portfolio Service Class 2
Fidelity^® VIP Technology Initial Class		Fidelity^® VIP Technology Portfolio Initial Class
Fidelity^® VIP Utilities Initial Class		Fidelity^® VIP Utilities Portfolio Initial Class
Fidelity^® VIP Value Strategies Initial Class		Fidelity^® VIP Value Strategies Portfolio Initial Class
Fidelity^® VIP Value Strategies Service Class 2		Fidelity^® VIP Value Strategies Portfolio Service Class 2
Franklin Templeton Variable Insurance Products Trust		Franklin Templeton Variable Insurance Products Trust
Franklin Allocation Class 4 Shares		Franklin Allocation Fund Class 4 Shares
Franklin Income Class 2 Shares		Franklin Income Class Fund 2 Shares
Franklin Mutual Shares Class 2 Shares		Franklin Mutual Shares Fund Class 2 Shares
Franklin Templeton Foreign Class 2 Shares		Franklin Templeton Foreign Fund Class 2 Shares
AIM Variable Insurance Funds (Invesco Variable Insurance Funds)		AIM Variable Insurance Funds (Invesco Variable Insurance Funds)
Invesco V.I. American Franchise Series II Shares		Invesco V.I. American Franchise Fund Series II Shares
Janus Aspen Series		Janus Aspen Series
Janus Henderson - Enterprise Service Shares		Janus Henderson - Enterprise Portfolio Service Shares
Janus Henderson - Global Research Service Shares		Janus Henderson - Global Research Portfolio Service Shares
Janus Henderson - Mid Cap Value Service Shares		Janus Henderson - Mid Cap Value Portfolio Service Shares
MFS^® Variable Insurance Trust		MFS^® Variable Insurance Trust
MFS^® New Discovery Service Class		MFS^® New Discovery Series Service Class
MFS^® Total Return Service Class		MFS^® Total Return Series Service Class
Nationwide Variable Insurance Trust		Nationwide Variable Insurance Trust
NVIT Emerging Markets Class D Shares		NVIT Emerging Markets Fund Class D Shares

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

1. Organization (continued)

Subaccount Investment by Mutual Fund:


Subaccount		Mutual Fund
State Street Variable Insurance Series Funds, Inc.		State Street Variable Insurance Series Funds, Inc.
State Street Total Return V.I.S. Class 3 Shares		State Street Total Return V.I.S. Fund Class 3 Shares
Transamerica Series Trust		Transamerica Series Trust
TA 60/40 Allocation Service Class		Transamerica 60/40 Allocation VP Service Class
TA Aegon Bond Initial Class		Transamerica Aegon Bond VP Initial Class
TA Aegon Bond Service Class		Transamerica Aegon Bond VP Service Class
TA Aegon Core Bond Service Class		Transamerica Aegon Core Bond VP Service Class
TA Aegon High Yield Bond Initial Class		Transamerica Aegon High Yield Bond VP Initial Class
TA Aegon High Yield Bond Service Class		Transamerica Aegon High Yield Bond VP Service Class
TA Aegon Sustainable Equity Income Initial Class		Transamerica Aegon Sustainable Equity Income VP Initial Class
TA Aegon Sustainable Equity Income Service Class		Transamerica Aegon Sustainable Equity Income VP Service Class
TA Aegon U.S. Government Securities Initial Class		Transamerica Aegon U.S. Government Securities VP Initial Class
TA Aegon U.S. Government Securities Service Class		Transamerica Aegon U.S. Government Securities VP Service Class
TA American Funds Managed Risk - Balanced Service Class		Transamerica American Funds Managed Risk - Balanced VP Service Class
TA BlackRock Government Money Market Initial Class		Transamerica BlackRock Government Money Market VP Initial Class
TA BlackRock Government Money Market Service Class		Transamerica BlackRock Government Money Market VP Service Class
TA BlackRock iShares Active Asset Allocation - Conservative Service Class		Transamerica BlackRock iShares Active Asset Allocation - Conservative VP Service Class
TA BlackRock iShares Active Asset Allocation - Moderate Service Class		Transamerica BlackRock iShares Active Asset Allocation - Moderate VP Service Class
TA BlackRock iShares Active Asset Allocation - Moderate Growth Service Class		Transamerica BlackRock iShares Active Asset Allocation - Moderate Growth VP Service Class
TA BlackRock iShares Dynamic Allocation - Balanced Service Class		Transamerica BlackRock iShares Dynamic Allocation - Balanced VP Service Class
TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class		Transamerica BlackRock iShares Dynamic Allocation - Moderate Growth VP Service Class
TA BlackRock iShares Edge 100 Service Class		Transamerica BlackRock iShares Edge 100 VP Service Class
TA BlackRock iShares Edge 40 Initial Class		Transamerica BlackRock iShares Edge 40 VP Initial Class
TA BlackRock iShares Edge 40 Service Class		Transamerica BlackRock iShares Edge 40 VP Service Class
TA BlackRock iShares Edge 50 Service Class		Transamerica BlackRock iShares Edge 50 VP Service Class
TA BlackRock iShares Edge 75 Service Class		Transamerica BlackRock iShares Edge 75 VP Service Class
TA BlackRock Real Estate Securities Initial Class		Transamerica BlackRock Real Estate Securities VP Initial Class
TA BlackRock Real Estate Securities Service Class		Transamerica BlackRock Real Estate Securities VP Service Class
TA BlackRock Tactical Allocation Service Class		Transamerica BlackRock Tactical Allocation VP Service Class
TA Goldman Sachs 70/30 Service Class		Transamerica Goldman Sachs 70/30 VP Service Class
TA Goldman Sachs Managed Risk - Balanced ETF Service Class		Transamerica Goldman Sachs Managed Risk - Balanced ETF VP Service Class
TA Goldman Sachs Managed Risk - Conservative ETF Service Class		Transamerica Goldman Sachs Managed Risk - Conservative ETF VP Service Class
TA Goldman Sachs Managed Risk - Growth ETF Service Class		Transamerica Goldman Sachs Managed Risk - Growth ETF VP Service Class
TA Great Lakes Advisors Large Cap Value Service Class		Transamerica Great Lakes Advisors Large Cap Value VP Service Class

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

1. Organization (continued)

Subaccount Investment by Mutual Fund:


Subaccount		Mutual Fund
Transamerica Series Trust		Transamerica Series Trust
TA International Focus Initial Class		Transamerica International Focus VP Initial Class
TA International Focus Service Class		Transamerica International Focus VP Service Class
TA Janus Balanced Service Class		Transamerica Janus Balanced VP Service Class
TA Janus Mid-Cap Growth Initial Class		Transamerica Janus Mid-Cap Growth VP Initial Class
TA Janus Mid-Cap Growth Service Class		Transamerica Janus Mid-Cap Growth VP Service Class
TA JPMorgan Asset Allocation - Conservative Initial Class		Transamerica JPMorgan Asset Allocation - Conservative VP Initial Class
TA JPMorgan Asset Allocation - Conservative Service Class		Transamerica JPMorgan Asset Allocation - Conservative VP Service Class
TA JPMorgan Asset Allocation - Growth Initial Class		Transamerica JPMorgan Asset Allocation - Growth VP Initial Class
TA JPMorgan Asset Allocation - Growth Service Class		Transamerica JPMorgan Asset Allocation - Growth VP Service Class
TA JPMorgan Asset Allocation - Moderate Initial Class		Transamerica JPMorgan Asset Allocation - Moderate VP Initial Class
TA JPMorgan Asset Allocation - Moderate Service Class		Transamerica JPMorgan Asset Allocation - Moderate VP Service Class
TA JPMorgan Asset Allocation - Moderate Growth Initial Class		Transamerica JPMorgan Asset Allocation - Moderate Growth VP Initial Class
TA JPMorgan Asset Allocation - Moderate Growth Service Class		Transamerica JPMorgan Asset Allocation - Moderate Growth VP Service Class
TA JPMorgan Enhanced Index Initial Class		Transamerica JPMorgan Enhanced Index VP Initial Class
TA JPMorgan Enhanced Index Service Class		Transamerica JPMorgan Enhanced Index VP Service Class
TA JPMorgan International Moderate Growth Initial Class		Transamerica JPMorgan International Moderate Growth VP Initial Class
TA JPMorgan International Moderate Growth Service Class		Transamerica JPMorgan International Moderate Growth VP Service Class
TA JPMorgan Mid Cap Value Service Class		Transamerica JPMorgan Mid Cap Value VP Service Class
TA JPMorgan Tactical Allocation Service Class		Transamerica JPMorgan Tactical Allocation VP Service Class
TA Madison Diversified Income Service Class		Transamerica Madison Diversified Income VP Service Class
TA Market Participation Strategy Service Class		Transamerica Market Participation Strategy VP Service Class
TA Morgan Stanley Global Allocation Service Class		Transamerica Morgan Stanley Global Allocation VP Service Class
TA Morgan Stanley Global Allocation Managed Risk - Balanced Service Class		Transamerica Morgan Stanley Global Allocation Managed Risk - Balanced VP Service Class
TA MSCI EAFE Index Service Class		Transamerica MSCI EAFE Index VP Service Class
TA Multi-Managed Balanced Initial Class		Transamerica Multi-Managed Balanced VP Initial Class
TA Multi-Managed Balanced Service Class		Transamerica Multi-Managed Balanced VP Service Class
TA PIMCO Tactical - Balanced Service Class		Transamerica PIMCO Tactical - Balanced VP Service Class
TA PIMCO Tactical - Conservative Service Class		Transamerica PIMCO Tactical - Conservative VP Service Class
TA PIMCO Tactical - Growth Service Class		Transamerica PIMCO Tactical - Growth VP Service Class
TA PineBridge Inflation Opportunities Service Class		Transamerica PineBridge Inflation Opportunities VP Service Class
TA ProFunds UltraBear Service Class (OAM)		Transamerica ProFunds UltraBear VP Service Class (OAM)
TA S&P 500 Index Initial Class		Transamerica S&P 500 Index VP Initial Class
TA S&P 500 Index Service Class		Transamerica S&P 500 Index VP Service Class
TA Small/Mid Cap Value Initial Class		Transamerica Small/Mid Cap Value VP Initial Class
TA Small/Mid Cap Value Service Class		Transamerica Small/Mid Cap Value VP Service Class

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

1. Organization (continued)

Subaccount Investment by Mutual Fund:


Subaccount		Mutual Fund
Transamerica Series Trust		Transamerica Series Trust
TA T. Rowe Price Small Cap Initial Class		Transamerica T. Rowe Price Small Cap VP Initial Class
TA T. Rowe Price Small Cap Service Class		Transamerica T. Rowe Price Small Cap VP Service Class
TA TS&W International Equity Initial Class		Transamerica TS&W International Equity VP Initial Class
TA TS&W International Equity Service Class		Transamerica TS&W International Equity VP Service Class
TA WMC US Growth Initial Class		Transamerica WMC US Growth VP Initial Class
TA WMC US Growth Service Class		Transamerica WMC US Growth VP Service Class
Vanguard^® Variable Insurance Fund		Vanguard^® Variable Insurance Fund
Vanguard^® Balanced		Vanguard^® Balanced Portfolio
Vanguard^® Capital Growth		Vanguard^® Capital Growth Portfolio
Vanguard^® Conservative Allocation		Vanguard^® Conservative Allocation Portfolio
Vanguard^® Diversified Value		Vanguard^® Diversified Value Portfolio
Vanguard^® Equity Income		Vanguard^® Equity Income Portfolio
Vanguard^® Equity Index		Vanguard^® Equity Index Portfolio
Vanguard^® Global Bond Index		Vanguard^® Global Bond Index Portfolio
Vanguard^® Growth		Vanguard^® Growth Portfolio
Vanguard^® High Yield Bond		Vanguard^® High Yield Bond Portfolio
Vanguard^® International		Vanguard^® International Portfolio
Vanguard^® Mid-Cap Index		Vanguard^® Mid-Cap Index Portfolio
Vanguard^® Moderate Allocation		Vanguard^® Moderate Allocation Portfolio
Vanguard^® Money Market		Vanguard^® Money Market Portfolio
Vanguard^® Real Estate Index		Vanguard^® Real Estate Index Portfolio
Vanguard^® Short-Term Investment Grade		Vanguard^® Short-Term Investment Grade Portfolio
Vanguard^® Total Bond Market Index		Vanguard^® Total Bond Market Index Portfolio
Vanguard^® Total International Stock Market Index		Vanguard^® Total International Stock Market Index Portfolio
Vanguard^® Total Stock Market Index		Vanguard^® Total Stock Market Index Portfolio
Voya Investors Trust		Voya Investors Trust
Voya Global Perspectives Class S Shares		Voya Global Perspectives Portfolio Class S Shares
Voya Large Cap Value Class S Shares		Voya Large Cap Value Portfolio Class S Shares
Voya Strategic Allocation Portfolios, Inc.		Voya Strategic Allocation Portfolios, Inc.
Voya Strategic Allocation Conservative Class S Shares		Voya Strategic Allocation Conservative Portfolio Class S Shares
Voya Strategic Allocation Moderate Class S Shares		Voya Strategic Allocation Moderate Portfolio Class S Shares
Wanger Advisors Trust		Wanger Advisors Trust
Wanger Acorn		Wanger Acorn
Wanger International		Wanger International

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

1. Organization (continued)

Each period reported on reflects a full twelve month period except as follows:


Subaccount		Inception Date
TA S&P 500 Index Initial Class		May 2, 2022
American Funds - Asset Allocation Class 4 Shares		May 1, 2020
American Funds - Growth Class 4 Shares		May 1, 2020
American Funds - Growth-Income Class 4 Shares		May 1, 2020
American Funds - International Class 4 Shares		May 1, 2020
American Funds - New World Class 4 Shares		May 1, 2020
American Funds - The Bond Fund of America Class 4 Shares		May 1, 2020
Fidelity^® VIP Consumer Staples Initial Class		May 1, 2020
Fidelity^® VIP Energy Service Class 2		May 1, 2020
Fidelity^® VIP Health Care Service Class 2		May 1, 2020
Fidelity^® VIP Technology Initial Class		May 1, 2020
Fidelity^® VIP Utilities Initial Class		May 1, 2020
TA Goldman Sachs 70/30 Service Class		May 1, 2020
DFA VA Equity Allocation		December 23, 2019
DFA VA Global Bond		December 23, 2019
DFA VA Global Moderate Allocation		December 23, 2019
DFA VA International Small		December 23, 2019
DFA VA International Value		December 23, 2019
DFA VA Short-Term Fixed		December 23, 2019
DFA VA U.S. Large Value		December 23, 2019
DFA VA U.S. Targeted Value		December 23, 2019
Vanguard^® Balanced		December 23, 2019
Vanguard^® Capital Growth		December 23, 2019
Vanguard^® Conservative Allocation		December 23, 2019
Vanguard^® Diversified Value		December 23, 2019
Vanguard^® Equity Income		December 23, 2019
Vanguard^® Global Bond Index		December 23, 2019
Vanguard^® Growth		December 23, 2019
Vanguard^® High Yield Bond		December 23, 2019
Vanguard^® Moderate Allocation		December 23, 2019
Vanguard^® Money Market		December 23, 2019
Vanguard^® Total International Stock Market Index		December 23, 2019
Vanguard^® Total Stock Market Index		December 23, 2019

The following subaccount name changes were made effective during the fiscal year ended December 31, 2023:


Subaccount		Formerly
AB Relative Value Class B Shares		AB Growth and Income Class B Shares
TA BlackRock Real Estate Securities Initial Class		TA BlackRock Global Real Estate Securities Initial Class
TA BlackRock Real Estate Securities Service Class		TA BlackRock Global Real Estate Securities Service Class
TA Great Lakes Advisors Large Cap Value Service Class		TA Rothschild & Co Large Cap Value Service Class

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

1. Organization (continued)

During the current year the following subaccounts were removed as available investment options to contract owners and subsequently replaced and reinvested:


Reinvested Subaccount		Removed Subaccount
TA WMC US Growth Initial Class		TA Morgan Stanley Capital Growth Initial Class
TA WMC US Growth Service Class		TA Morgan Stanley Capital Growth Service Class

The transfers from the removed and liquidated subaccounts to the reinvested subaccounts for the period ended December 31, 2023 are reflected in the Statements of Changes in Net Assets within Increase (Decrease) in Net Assets from Contract Transactions and purchases and sales in Footnote 3.

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

2. Summary of Significant Accounting Policies

The financial statements included herein have been prepared in accordance with U.S. generally accepted accounting principles (GAAP) for variable annuity separate accounts registered as unit investment trusts. The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions regarding matters that affect the reported amount of assets and liabilities. Actual results could differ from those estimates.

Investments

Net purchase payments received by the Separate Account are invested in the portfolios of the Mutual Funds as selected by the contract owner. Investments are stated at the closing net asset values per share on December 31, 2023.

Realized capital gains and losses from sales of shares in the Separate Account are determined on the first-in, first-out basis. Investment transactions are accounted for on the trade date (date the order to buy or sell is executed) and dividend income is recorded on the ex-dividend date. Unrealized gains or losses from investments in the Mutual Funds are included in the Statements of Operations and Changes in Net Assets.

Dividend Income

Dividends received from the Mutual Fund investments are reinvested to purchase additional mutual fund shares.

Fair Value Measurements and Fair Value Hierarchy

The Accounting Standards Codification™ (ASC) 820 defines fair value, establishes a framework for measuring fair value, establishes a fair value hierarchy based on the nature of inputs used to measure fair value and enhances disclosure requirements for fair value measurements.

The Separate Account has categorized its financial instruments into a three level hierarchy which is based on the priority of the inputs to the valuation technique. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used to measure fair value fall within different levels of the hierarchy, the category level is based on the lowest priority level input that is significant to the fair value measurement of the instrument.

Financial assets and liabilities recorded at fair value on the Statements of Assets and Liabilities are categorized as follows:

Level 1. Unadjusted quoted prices for identical assets or liabilities in an active market.

Level 2. Quoted prices in markets that are not active or inputs that are observable either directly or indirectly for substantially the full term of the asset or liability. Level 2 inputs include the following:

Quoted prices for similar assets or liabilities in active markets

Quoted prices for identical or similar assets or liabilities in non-active markets

Inputs other than quoted market prices that are observable

Inputs that are derived principally from or corroborated by observable market data through correlation or other means.

Level 3. Prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. They reflect management’s own assumptions about the assumptions a market participant would use in pricing the asset or liability.

All investments in the Mutual Funds included in the Statements of Assets and Liabilities are stated at fair value and are based upon published closing NAV per share and therefore are considered Level 1.

There were no transfers between Level 1, Level 2 and Level 3 during the year ended December 31, 2023.

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

3. Investments

The aggregate cost of purchases and proceeds from sales of investments for the period ended December 31, 2023 were as follows:


Subaccount	Purchases		Sales

AB Balanced Hedged Allocation Class B Shares	$	7,764,034	$	11,944,642

AB Large Cap Growth Class B Shares		1,768,878		2,847,866

AB Relative Value Class B Shares		39,387,300		44,971,515

American Funds - Asset Allocation Class 2 Shares		51,160,526		100,980,222

American Funds - Asset Allocation Class 4 Shares		22,445,164		3,671,776

American Funds - Growth Class 2 Shares		77,378,490		128,580,437

American Funds - Growth Class 4 Shares		73,728,983		7,033,964

American Funds - Growth-Income Class 2 Shares		53,609,811		93,361,662

American Funds - Growth-Income Class 4 Shares		37,840,044		5,357,349

American Funds - International Class 2 Shares		11,558,931		26,411,698

American Funds - International Class 4 Shares		8,092,137		2,170,286

American Funds - New World Class 4 Shares		5,933,079		1,439,024

American Funds - The Bond Fund of America Class 2 Shares		27,668,717		30,776,093

American Funds - The Bond Fund of America Class 4 Shares		11,694,399		1,416,824

BlackRock Basic Value V.I. Class I Shares		1,466,545		1,972,228

BlackRock Global Allocation V.I. Class I Shares		260,932		1,104,845

BlackRock High Yield V.I. Class I Shares		214,030		211,288

DFA VA Equity Allocation		340,921		23,277

DFA VA Global Bond		1,282,227		353,322

DFA VA Global Moderate Allocation		124,089		4,414

DFA VA International Small		179,902		62,447

DFA VA International Value		368,123		93,730

DFA VA Short-Term Fixed		757,708		237,490

DFA VA U.S. Large Value		364,350		65,194

DFA VA U.S. Targeted Value		475,137		328,694

Fidelity^® VIP Balanced Service Class 2		53,528,672		67,834,335

Fidelity^® VIP Consumer Staples Initial Class		2,906,362		1,158,466

Fidelity^® VIP Contrafund^® Initial Class		13,413		35,393

Fidelity^® VIP Contrafund^® Service Class 2		77,232,531		106,703,295

Fidelity^® VIP Energy Service Class 2		20,112,153		15,211,550

Fidelity^® VIP Equity-Income Initial Class		2,457		2,383

Fidelity^® VIP Equity-Income Service Class 2		1,530,208		4,497,272

Fidelity^® VIP Growth Initial Class		1,330		1,704

Fidelity^® VIP Growth Service Class 2		1,659,744		5,372,480

Fidelity^® VIP Growth Opportunities Service Class 2		8,353		305,332

Fidelity^® VIP Health Care Service Class 2		8,048,333		1,343,637

Fidelity^® VIP Mid Cap Initial Class		5,923		7,166

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

3. Investments (continued)


Subaccount	Purchases		Sales

Fidelity^® VIP Mid Cap Service Class 2	$	29,248,968	$	39,552,183

Fidelity^® VIP Technology Initial Class		32,968,935		14,251,540

Fidelity^® VIP Utilities Initial Class		3,420,026		1,701,413

Fidelity^® VIP Value Strategies Initial Class		109,001		47,638

Fidelity^® VIP Value Strategies Service Class 2		31,770,562		51,334,121

Franklin Allocation Class 4 Shares		1,401,084		7,177,906

Franklin Income Class 2 Shares		4,193,408		6,040,864

Franklin Mutual Shares Class 2 Shares		919,726		1,200,269

Franklin Templeton Foreign Class 2 Shares		448,946		1,856,142

Invesco V.I. American Franchise Series II Shares		125,724		824,211

Janus Henderson - Enterprise Service Shares		1,338,459		1,638,773

Janus Henderson - Global Research Service Shares		661,901		2,201,341

Janus Henderson - Mid Cap Value Service Shares		98,809		212,302

MFS^® New Discovery Service Class		41,741		3,465,432

MFS^® Total Return Service Class		1,846,035		3,760,072

NVIT Emerging Markets Class D Shares		40		4,038

State Street Total Return V.I.S. Class 3 Shares		3,998,045		8,380,651

TA 60/40 Allocation Service Class		20,548,378		6,650,241

TA Aegon Bond Initial Class		9,282,971		15,487,329

TA Aegon Bond Service Class		12,008,575		69,011,052

TA Aegon Core Bond Service Class		20,829,227		31,859,135

TA Aegon High Yield Bond Initial Class		5,033,795		6,645,880

TA Aegon High Yield Bond Service Class		11,848,237		17,070,506

TA Aegon Sustainable Equity Income Initial Class		4,559,885		26,383,264

TA Aegon Sustainable Equity Income Service Class		6,547,750		17,852,329

TA Aegon U.S. Government Securities Initial Class		7,719,773		10,394,967

TA Aegon U.S. Government Securities Service Class		59,439,476		117,906,031

TA American Funds Managed Risk - Balanced Service Class		141,165,355		100,719,047

TA BlackRock Government Money Market Initial Class		30,260,671		30,259,106

TA BlackRock Government Money Market Service Class		225,589,415		265,472,595

TA BlackRock iShares Active Asset Allocation - Conservative Service Class		9,027,485		37,926,628

TA BlackRock iShares Active Asset Allocation - Moderate Service Class		50,726,118		129,099,909

TA BlackRock iShares Active Asset Allocation - Moderate Growth Service Class		15,236,581		46,164,289

TA BlackRock iShares Dynamic Allocation - Balanced Service Class		20,680,148		112,970,024

TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class		12,676,666		48,015,810

TA BlackRock iShares Edge 100 Service Class		13,542,142		6,777,338

TA BlackRock iShares Edge 40 Initial Class		1,076,766		1,897,332

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

3. Investments (continued)


Subaccount	Purchases		Sales

TA BlackRock iShares Edge 40 Service Class	$	9,856,963	$	31,393,365

TA BlackRock iShares Edge 50 Service Class		15,734,064		46,448,884

TA BlackRock iShares Edge 75 Service Class		14,226,047		29,349,351

TA BlackRock Real Estate Securities Initial Class		2,009,679		3,108,989

TA BlackRock Real Estate Securities Service Class		7,317,610		9,313,125

TA BlackRock Tactical Allocation Service Class		59,718,499		140,773,589

TA Goldman Sachs 70/30 Service Class		1,692,552		196,928

TA Goldman Sachs Managed Risk - Balanced ETF Service Class		338,242,368		542,387,471

TA Goldman Sachs Managed Risk - Conservative ETF Service Class		38,362,954		74,207,416

TA Goldman Sachs Managed Risk - Growth ETF Service Class		86,989,823		264,659,070

TA Great Lakes Advisors Large Cap Value Service Class		10,990,677		11,966,573

TA International Focus Initial Class		3,203,855		7,303,690

TA International Focus Service Class		4,612,939		14,065,787

TA Janus Balanced Service Class		59,211,129		131,731,045

TA Janus Mid-Cap Growth Initial Class		15,135,973		8,531,993

TA Janus Mid-Cap Growth Service Class		43,830,371		20,692,270

TA JPMorgan Asset Allocation - Conservative Initial Class		10,242,679		18,688,916

TA JPMorgan Asset Allocation - Conservative Service Class		24,806,015		114,043,652

TA JPMorgan Asset Allocation - Growth Initial Class		10,770,709		20,405,119

TA JPMorgan Asset Allocation - Growth Service Class		15,846,768		27,645,592

TA JPMorgan Asset Allocation - Moderate Initial Class		21,005,388		34,116,519

TA JPMorgan Asset Allocation - Moderate Service Class		131,281,265		548,689,123

TA JPMorgan Asset Allocation - Moderate Growth Initial Class		33,317,826		48,794,774

TA JPMorgan Asset Allocation - Moderate Growth Service Class		157,833,403		373,012,675

TA JPMorgan Enhanced Index Initial Class		13,692,273		15,525,218

TA JPMorgan Enhanced Index Service Class		21,833,786		17,807,881

TA JPMorgan International Moderate Growth Initial Class		1,705		1,937

TA JPMorgan International Moderate Growth Service Class		9,795,908		59,699,131

TA JPMorgan Mid Cap Value Service Class		35,238,781		37,358,309

TA JPMorgan Tactical Allocation Service Class		22,774,166		121,134,511

TA Madison Diversified Income Service Class		13,690,183		23,626,593

TA Market Participation Strategy Service Class		7,156,205		50,086,042

TA Morgan Stanley Global Allocation Service Class		36,266,380		134,721,715

TA Morgan Stanley Global Allocation Managed Risk - Balanced Service Class		42,280,748		26,152,582

TA MSCI EAFE Index Service Class		12,953,862		11,450,085

TA Multi-Managed Balanced Initial Class		10,034,775		8,698,013

TA Multi-Managed Balanced Service Class		68,198,371		186,441,060

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

3. Investments (continued)


Subaccount	Purchases		Sales

TA PIMCO Tactical - Balanced Service Class	$	6,367,721	$	48,826,737

TA PIMCO Tactical - Conservative Service Class		6,263,557		25,784,038

TA PIMCO Tactical - Growth Service Class		6,782,794		36,183,768

TA PineBridge Inflation Opportunities Service Class		14,190,202		33,015,714

TA ProFunds UltraBear Service Class (OAM)		9,303,532		9,062,058

TA S&P 500 Index Initial Class		1,244,827		374,230

TA S&P 500 Index Service Class		111,966,559		62,686,158

TA Small/Mid Cap Value Initial Class		9,785,497		10,221,582

TA Small/Mid Cap Value Service Class		32,193,201		22,883,782

TA T. Rowe Price Small Cap Initial Class		7,546,154		10,837,343

TA T. Rowe Price Small Cap Service Class		34,525,030		40,044,856

TA TS&W International Equity Initial Class		6,371,963		9,393,627

TA TS&W International Equity Service Class		7,033,328		9,519,592

TA WMC US Growth Initial Class		226,554,638		71,715,265

TA WMC US Growth Service Class		438,216,166		74,068,643

Vanguard^® Balanced		14,815,784		3,450,229

Vanguard^® Capital Growth		1,407,595		830,873

Vanguard^® Conservative Allocation		2,697,529		410,010

Vanguard^® Diversified Value		805,723		74,062

Vanguard^® Equity Income		1,050,362		413,852

Vanguard^® Equity Index		3,784,191		2,245,279

Vanguard^® Global Bond Index		273,461		47,709

Vanguard^® Growth		937,729		503,467

Vanguard^® High Yield Bond		836,101		63,168

Vanguard^® International		2,251,178		1,054,237

Vanguard^® Mid-Cap Index		8,886,604		2,111,342

Vanguard^® Moderate Allocation		6,882,954		1,830,608

Vanguard^® Money Market		10,148,531		7,190,037

Vanguard^® Real Estate Index		688,127		560,303

Vanguard^® Short-Term Investment Grade		6,560,111		1,866,479

Vanguard^® Total Bond Market Index		4,098,400		2,170,010

Vanguard^® Total International Stock Market Index		1,671,250		961,507

Vanguard^® Total Stock Market Index		6,567,817		1,153,453

Voya Global Perspectives Class S Shares		2,850		12,550

Voya Large Cap Value Class S Shares		63		30

Voya Strategic Allocation Conservative Class S Shares		-		-

Voya Strategic Allocation Moderate Class S Shares		-		-

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

3. Investments (continued)


Subaccount	Purchases		Sales

Wanger Acorn	$	-	$	-

Wanger International		81,913		93,768

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

4. Change in Units

The change in units outstanding were as follows:


	Year Ended December 31, 2023								Year Ended December 31, 2022
Subaccount	Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)			Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)

AB Balanced Hedged Allocation Class B Shares		748,725		(3,114,341	)		(2,365,616	)		1,019,620		(3,712,392	)		(2,692,772	)

AB Large Cap Growth Class B Shares		6,667		(639,344	)		(632,677	)		30,421		(1,011,910	)		(981,489	)

AB Relative Value Class B Shares		1,966,085		(8,355,156	)		(6,389,071	)		7,456,891		(9,109,666	)		(1,652,775	)

American Funds - Asset Allocation Class 2 Shares		1,918,722		(18,050,029	)		(16,131,307	)		2,463,424		(21,410,681	)		(18,947,257	)

American Funds - Asset Allocation Class 4 Shares		1,704,644		(272,961	)		1,431,683			1,194,836		(315,553	)		879,283

American Funds - Growth Class 2 Shares		1,650,438		(6,369,410	)		(4,718,972	)		2,188,982		(6,551,529	)		(4,362,547	)

American Funds - Growth Class 4 Shares		4,600,002		(437,404	)		4,162,598			2,682,396		(542,794	)		2,139,602

American Funds - Growth-Income Class 2 Shares		1,027,150		(6,059,951	)		(5,032,801	)		1,402,448		(5,776,581	)		(4,374,133	)

American Funds - Growth-Income Class 4 Shares		2,472,633		(355,634	)		2,116,999			1,698,430		(357,005	)		1,341,425

American Funds - International Class 2 Shares		1,802,145		(4,762,174	)		(2,960,029	)		1,986,153		(5,123,956	)		(3,137,803	)

American Funds - International Class 4 Shares		697,890		(176,495	)		521,395			452,466		(96,361	)		356,105

American Funds - New World Class 4 Shares		477,647		(109,650	)		367,997			215,149		(78,075	)		137,074

American Funds - The Bond Fund of America Class 2 Shares		5,957,911		(8,265,082	)		(2,307,171	)		2,282,789		(10,284,994	)		(8,002,205	)

American Funds - The Bond Fund of America Class 4 Shares		1,247,064		(143,043	)		1,104,021			497,562		(237,831	)		259,731

BlackRock Basic Value V.I. Class I Shares		124,111		(460,871	)		(336,760	)		231,800		(640,139	)		(408,339	)

BlackRock Global Allocation V.I. Class I Shares		30,171		(377,292	)		(347,121	)		5,166		(337,456	)		(332,290	)

BlackRock High Yield V.I. Class I Shares		18,164		(63,898	)		(45,734	)		24,551		(97,005	)		(72,454	)

DFA VA Equity Allocation		20,205		(1,519	)		18,686			51,422		(11,369	)		40,053

DFA VA Global Bond		125,662		(35,208	)		90,454			100,886		(15,696	)		85,190

DFA VA Global Moderate Allocation		8,492		(229	)		8,263			40,457		(107	)		40,350

DFA VA International Small		13,908		(5,544	)		8,364			42,767		(7,935	)		34,832

DFA VA International Value		24,904		(7,732	)		17,172			48,758		(12,432	)		36,326

DFA VA Short-Term Fixed		69,685		(23,225	)		46,460			43,002		(18,534	)		24,468

DFA VA U.S. Large Value		25,388		(5,083	)		20,305			79,346		(30,068	)		49,278

DFA VA U.S. Targeted Value		25,314		(22,723	)		2,591			46,102		(5,060	)		41,042

Fidelity^® VIP Balanced Service Class 2		4,521,442		(13,045,979	)		(8,524,537	)		3,676,848		(15,853,816	)		(12,176,968	)

Fidelity^® VIP Consumer Staples Initial Class		204,987		(83,307	)		121,680			207,164		(74,818	)		132,346

Fidelity^® VIP Contrafund^® Initial Class		300		(4,389	)		(4,089	)		380		(9,432	)		(9,052	)

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

4. Change in Units (continued)


	Year Ended December 31, 2023								Year Ended December 31, 2022
Subaccount	Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)			Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)

Fidelity^® VIP Contrafund^® Service Class 2		4,673,981		(11,288,402	)		(6,614,421	)		4,588,298		(13,153,296	)		(8,564,998	)

Fidelity^® VIP Energy Service Class 2		748,480		(585,991	)		162,489			797,701		(519,211	)		278,490

Fidelity^® VIP Equity-Income Initial Class		-		(776	)		(776	)		-		(1,025	)		(1,025	)

Fidelity^® VIP Equity-Income Service Class 2		59,222		(1,460,046	)		(1,400,824	)		46,077		(1,470,589	)		(1,424,512	)

Fidelity^® VIP Growth Initial Class		-		(341	)		(341	)		-		(508	)		(508	)

Fidelity^® VIP Growth Service Class 2		33,453		(1,232,411	)		(1,198,958	)		40,583		(1,264,187	)		(1,223,604	)

Fidelity^® VIP Growth Opportunities Service Class 2		1,705		(55,817	)		(54,112	)		14,780		(45,927	)		(31,147	)

Fidelity^® VIP Health Care Service Class 2		729,180		(113,667	)		615,513			371,913		(136,804	)		235,109

Fidelity^® VIP Mid Cap Initial Class		581		(2,900	)		(2,319	)		77		(5,285	)		(5,208	)

Fidelity^® VIP Mid Cap Service Class 2		1,784,302		(5,042,994	)		(3,258,692	)		1,457,282		(7,348,223	)		(5,890,941	)

Fidelity^® VIP Technology Initial Class		1,847,425		(791,592	)		1,055,833			640,244		(301,576	)		338,668

Fidelity^® VIP Utilities Initial Class		245,213		(126,812	)		118,401			275,087		(64,654	)		210,433

Fidelity^® VIP Value Strategies Initial Class		24,440		(7,045	)		17,395			454		(8,885	)		(8,431	)

Fidelity^® VIP Value Strategies Service Class 2		2,407,963		(6,913,367	)		(4,505,404	)		7,390,240		(7,721,244	)		(331,004	)

Franklin Allocation Class 4 Shares		7,146		(2,795,901	)		(2,788,755	)		67,408		(3,023,169	)		(2,955,761	)

Franklin Income Class 2 Shares		43,995		(3,215,534	)		(3,171,539	)		37,174		(3,524,121	)		(3,486,947	)

Franklin Mutual Shares Class 2 Shares		379		(683,361	)		(682,982	)		867		(612,327	)		(611,460	)

Franklin Templeton Foreign Class 2 Shares		34,801		(1,617,813	)		(1,583,012	)		12,548		(1,598,346	)		(1,585,798	)

Invesco V.I. American Franchise Series II Shares		542		(252,720	)		(252,178	)		25,413		(331,047	)		(305,634	)

Janus Henderson - Enterprise Service Shares		12,124		(385,827	)		(373,703	)		44,330		(525,435	)		(481,105	)

Janus Henderson - Global Research Service Shares		3,499		(990,538	)		(987,039	)		29,134		(1,182,737	)		(1,153,603	)

Janus Henderson - Mid Cap Value Service Shares		804		(55,804	)		(55,000	)		21,114		(70,529	)		(49,415	)

MFS^® New Discovery Service Class		10,442		(841,045	)		(830,603	)		91,575		(1,190,715	)		(1,099,140	)

MFS^® Total Return Service Class		59,043		(1,441,925	)		(1,382,882	)		69,981		(1,722,869	)		(1,652,888	)

NVIT Emerging Markets Class D Shares		-		(363	)		(363	)		-		(723	)		(723	)

State Street Total Return V.I.S. Class 3 Shares		794,692		(2,482,650	)		(1,687,958	)		749,334		(2,820,546	)		(2,071,212	)

TA 60/40 Allocation Service Class		3,432,337		(1,577,734	)		1,854,603			1,875,940		(1,353,017	)		522,923

TA Aegon Bond Initial Class		6,107,257		(9,785,590	)		(3,678,333	)		4,686,628		(13,811,987	)		(9,125,359	)

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

4. Change in Units (continued)


	Year Ended December 31, 2023								Year Ended December 31, 2022
Subaccount	Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)			Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)

TA Aegon Bond Service Class		2,645,453		(27,621,200	)		(24,975,747	)		4,170,739		(37,111,857	)		(32,941,118	)

TA Aegon Core Bond Service Class		2,928,850		(7,967,829	)		(5,038,979	)		3,980,320		(11,370,550	)		(7,390,230	)

TA Aegon High Yield Bond Initial Class		1,264,076		(2,524,777	)		(1,260,701	)		994,843		(3,556,427	)		(2,561,584	)

TA Aegon High Yield Bond Service Class		954,589		(3,518,049	)		(2,563,460	)		1,114,574		(5,095,589	)		(3,981,015	)

TA Aegon Sustainable Equity Income Initial Class		246,381		(8,934,841	)		(8,688,460	)		401,966		(8,712,525	)		(8,310,559	)

TA Aegon Sustainable Equity Income Service Class		653,523		(3,845,833	)		(3,192,310	)		847,071		(4,383,755	)		(3,536,684	)

TA Aegon U.S. Government Securities Initial Class		5,519,168		(6,909,188	)		(1,390,020	)		5,478,530		(9,056,185	)		(3,577,655	)

TA Aegon U.S. Government Securities Service Class		11,959,703		(27,482,913	)		(15,523,210	)		38,374,212		(23,294,192	)		15,080,020

TA American Funds Managed Risk - Balanced Service Class		941,547		(7,210,965	)		(6,269,418	)		1,250,935		(6,748,385	)		(5,497,450	)

TA BlackRock Government Money Market Initial Class		25,373,543		(28,139,429	)		(2,765,886	)		56,199,750		(43,918,264	)		12,281,486

TA BlackRock Government Money Market Service Class		52,612,012		(83,384,248	)		(30,772,236	)		132,776,750		(93,949,704	)		38,827,046

TA BlackRock iShares Active Asset Allocation - Conservative Service Class		1,822,722		(13,738,722	)		(11,916,000	)		2,495,289		(13,213,975	)		(10,718,686	)

TA BlackRock iShares Active Asset Allocation - Moderate Service Class		5,898,431		(30,911,092	)		(25,012,661	)		2,370,802		(31,987,583	)		(29,616,781	)

TA BlackRock iShares Active Asset Allocation - Moderate Growth Service Class		3,687,543		(14,858,191	)		(11,170,648	)		3,115,425		(21,938,843	)		(18,823,418	)

TA BlackRock iShares Dynamic Allocation - Balanced Service Class		1,838,547		(20,766,411	)		(18,927,864	)		2,253,380		(17,537,443	)		(15,284,063	)

TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class		2,532,161		(8,441,326	)		(5,909,165	)		1,508,294		(9,852,426	)		(8,344,132	)

TA BlackRock iShares Edge 100 Service Class		248,775		(380,682	)		(131,907	)		429,367		(640,651	)		(211,284	)

TA BlackRock iShares Edge 40 Initial Class		324,781		(955,410	)		(630,629	)		506,703		(1,037,884	)		(531,181	)

TA BlackRock iShares Edge 40 Service Class		566,746		(12,270,092	)		(11,703,346	)		596,943		(14,589,266	)		(13,992,323	)

TA BlackRock iShares Edge 50 Service Class		487,838		(3,347,541	)		(2,859,703	)		1,123,952		(2,403,914	)		(1,279,962	)

TA BlackRock iShares Edge 75 Service Class		541,395		(1,957,437	)		(1,416,042	)		917,279		(1,758,599	)		(841,320	)

TA BlackRock Real Estate Securities Initial Class		291,267		(1,076,217	)		(784,950	)		566,778		(1,939,983	)		(1,373,205	)

TA BlackRock Real Estate Securities Service Class		914,990		(2,587,763	)		(1,672,773	)		1,237,943		(3,026,529	)		(1,788,586	)

TA BlackRock Tactical Allocation Service Class		2,558,429		(33,110,657	)		(30,552,228	)		3,295,137		(37,552,921	)		(34,257,784	)

TA Goldman Sachs 70/30 Service Class		127,827		(13,675	)		114,152			69,742		(5,018	)		64,724

TA Goldman Sachs Managed Risk - Balanced ETF Service Class		5,338,343		(107,222,394	)		(101,884,051	)		2,734,428		(107,292,992	)		(104,558,564	)

TA Goldman Sachs Managed Risk - Conservative ETF Service Class		2,610,839		(21,127,254	)		(18,516,415	)		3,029,312		(24,099,384	)		(21,070,072	)

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

4. Change in Units (continued)


	Year Ended December 31, 2023								Year Ended December 31, 2022
Subaccount	Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)			Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)

TA Goldman Sachs Managed Risk - Growth ETF Service Class		5,169,390		(66,343,225	)		(61,173,835	)		5,884,734		(67,124,743	)		(61,240,009	)

TA Great Lakes Advisors Large Cap Value Service Class		789,328		(1,964,844	)		(1,175,516	)		5,049,881		(3,405,506	)		1,644,375

TA International Focus Initial Class		1,146,536		(3,303,537	)		(2,157,001	)		1,397,406		(4,205,413	)		(2,808,007	)

TA International Focus Service Class		382,562		(2,068,572	)		(1,686,010	)		773,276		(2,146,344	)		(1,373,068	)

TA Janus Balanced Service Class		4,811,077		(18,646,267	)		(13,835,190	)		4,227,060		(25,107,065	)		(20,880,005	)

TA Janus Mid-Cap Growth Initial Class		1,432,511		(2,844,914	)		(1,412,403	)		1,072,549		(3,877,429	)		(2,804,880	)

TA Janus Mid-Cap Growth Service Class		1,020,072		(2,338,310	)		(1,318,238	)		541,942		(2,888,432	)		(2,346,490	)

TA JPMorgan Asset Allocation - Conservative Initial Class		4,369,289		(9,502,019	)		(5,132,730	)		6,634,328		(13,639,524	)		(7,005,196	)

TA JPMorgan Asset Allocation - Conservative Service Class		4,379,175		(36,992,658	)		(32,613,483	)		5,078,350		(42,428,062	)		(37,349,712	)

TA JPMorgan Asset Allocation - Growth Initial Class		1,379,874		(5,957,898	)		(4,578,024	)		2,090,181		(9,579,711	)		(7,489,530	)

TA JPMorgan Asset Allocation - Growth Service Class		1,043,623		(4,581,917	)		(3,538,294	)		1,450,509		(6,144,058	)		(4,693,549	)

TA JPMorgan Asset Allocation - Moderate Initial Class		6,756,258		(14,566,663	)		(7,810,405	)		4,382,809		(18,671,600	)		(14,288,791	)

TA JPMorgan Asset Allocation - Moderate Service Class		3,874,604		(126,186,219	)		(122,311,615	)		5,043,289		(136,911,345	)		(131,868,056	)

TA JPMorgan Asset Allocation - Moderate Growth Initial Class		4,635,202		(18,304,192	)		(13,668,990	)		6,359,303		(20,755,109	)		(14,395,806	)

TA JPMorgan Asset Allocation - Moderate Growth Service Class		3,540,744		(100,692,415	)		(97,151,671	)		6,368,187		(103,464,724	)		(97,096,537	)

TA JPMorgan Enhanced Index Initial Class		1,615,777		(3,228,615	)		(1,612,838	)		1,829,978		(3,879,748	)		(2,049,770	)

TA JPMorgan Enhanced Index Service Class		835,901		(1,205,750	)		(369,849	)		861,908		(1,679,894	)		(817,986	)

TA JPMorgan International Moderate Growth Initial Class		-		(944	)		(944	)		1,120		(525	)		595

TA JPMorgan International Moderate Growth Service Class		2,050,139		(25,108,974	)		(23,058,835	)		1,802,911		(25,817,151	)		(24,014,240	)

TA JPMorgan Mid Cap Value Service Class		1,129,737		(5,115,980	)		(3,986,243	)		3,574,862		(6,222,060	)		(2,647,198	)

TA JPMorgan Tactical Allocation Service Class		1,330,450		(23,906,922	)		(22,576,472	)		1,515,139		(25,600,777	)		(24,085,638	)

TA Madison Diversified Income Service Class		1,316,593		(6,487,106	)		(5,170,513	)		2,502,499		(5,930,940	)		(3,428,441	)

TA Market Participation Strategy Service Class		1,214,799		(7,419,248	)		(6,204,449	)		1,844,099		(9,421,707	)		(7,577,608	)

TA Morgan Stanley Global Allocation Service Class		2,136,131		(39,332,085	)		(37,195,954	)		2,786,873		(41,190,216	)		(38,403,343	)

TA Morgan Stanley Global Allocation Managed Risk - Balanced Service Class		323,776		(2,349,844	)		(2,026,068	)		339,431		(2,495,518	)		(2,156,087	)

TA MSCI EAFE Index Service Class		985,889		(901,913	)		83,976			558,579		(535,114	)		23,465

TA Multi-Managed Balanced Initial Class		1,780,321		(2,312,672	)		(532,351	)		1,126,774		(3,505,285	)		(2,378,511	)

TA Multi-Managed Balanced Service Class		2,563,053		(22,599,148	)		(20,036,095	)		4,257,725		(21,356,359	)		(17,098,634	)

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

4. Change in Units (continued)


	Year Ended December 31, 2023								Year Ended December 31, 2022
Subaccount	Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)			Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)

TA PIMCO Tactical - Balanced Service Class		1,025,754		(11,709,816	)		(10,684,062	)		1,101,824		(13,427,153	)		(12,325,329	)

TA PIMCO Tactical - Conservative Service Class		1,346,003		(6,506,800	)		(5,160,797	)		1,206,651		(7,828,471	)		(6,621,820	)

TA PIMCO Tactical - Growth Service Class		1,120,813		(6,342,183	)		(5,221,370	)		852,863		(9,057,726	)		(8,204,863	)

TA PineBridge Inflation Opportunities Service Class		2,343,067		(9,871,904	)		(7,528,837	)		11,904,075		(17,557,595	)		(5,653,520	)

TA ProFunds UltraBear Service Class (OAM)		1,389,452,747		(1,598,381,951	)		(208,929,204	)		3,986,006,224		(1,317,665,174	)		2,668,341,050

TA S&P 500 Index Initial Class		115,620		(35,931	)		79,689			66,919		(181	)		66,738

TA S&P 500 Index Service Class		5,738,107		(3,266,183	)		2,471,924			3,517,238		(3,496,005	)		21,233

TA Small/Mid Cap Value Initial Class		85,141		(1,194,086	)		(1,108,945	)		162,018		(1,758,508	)		(1,596,490	)

TA Small/Mid Cap Value Service Class		938,241		(2,546,087	)		(1,607,846	)		828,804		(3,549,362	)		(2,720,558	)

TA T. Rowe Price Small Cap Initial Class		954,265		(2,449,491	)		(1,495,226	)		997,892		(3,494,366	)		(2,496,474	)

TA T. Rowe Price Small Cap Service Class		1,182,262		(3,192,948	)		(2,010,686	)		1,191,010		(3,959,866	)		(2,768,856	)

TA TS&W International Equity Initial Class		2,544,885		(3,939,719	)		(1,394,834	)		1,468,588		(3,862,158	)		(2,393,570	)

TA TS&W International Equity Service Class		900,180		(1,628,208	)		(728,028	)		821,096		(1,979,550	)		(1,158,454	)

TA WMC US Growth Initial Class		61,086,315		(17,121,597	)		43,964,718			2,668,558		(17,128,850	)		(14,460,292	)

TA WMC US Growth Service Class		24,852,030		(5,113,107	)		19,738,923			946,116		(3,450,933	)		(2,504,817	)

Vanguard^® Balanced		1,182,073		(268,322	)		913,751			944,732		(170,020	)		774,712

Vanguard^® Capital Growth		90,992		(59,447	)		31,545			92,016		(12,404	)		79,612

Vanguard^® Conservative Allocation		223,790		(25,528	)		198,262			399,548		(90,066	)		309,482

Vanguard^® Diversified Value		49,199		(5,013	)		44,186			43,616		(7,367	)		36,249

Vanguard^® Equity Income		67,191		(31,899	)		35,292			129,010		(29,646	)		99,364

Vanguard^® Equity Index		153,600		(133,618	)		19,982			281,884		(478,522	)		(196,638	)

Vanguard^® Global Bond Index		27,670		(4,948	)		22,722			63,845		(6,362	)		57,483

Vanguard^® Growth		67,356		(36,720	)		30,636			117,071		(39,843	)		77,228

Vanguard^® High Yield Bond		75,398		(5,823	)		69,575			92,593		(18,419	)		74,174

Vanguard^® International		115,418		(91,797	)		23,621			132,034		(114,613	)		17,421

Vanguard^® Mid-Cap Index		361,462		(85,936	)		275,526			290,989		(131,424	)		159,565

Vanguard^® Moderate Allocation		540,962		(143,720	)		397,242			893,696		(309,494	)		584,202

Vanguard^® Money Market		948,751		(692,516	)		256,235			687,268		(653,432	)		33,836

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

4. Change in Units (continued)


	Year Ended December 31, 2023								Year Ended December 31, 2022
Subaccount	Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)			Units Purchased		Units Redeemed and Transferred to/from			Net Increase (Decrease)

Vanguard^® Real Estate Index		29,523		(39,198	)		(9,675	)		125,279		(52,284	)		72,995

Vanguard^® Short-Term Investment Grade		633,552		(202,133	)		431,419			413,604		(337,236	)		76,368

Vanguard^® Total Bond Market Index		367,085		(259,374	)		107,711			429,852		(372,191	)		57,661

Vanguard^® Total International Stock Market Index		135,413		(87,635	)		47,778			283,857		(21,070	)		262,787

Vanguard^® Total Stock Market Index		408,732		(85,976	)		322,756			309,953		(128,699	)		181,254

Voya Global Perspectives Class S Shares		86		(1,048	)		(962	)		-		(173	)		(173	)

Voya Large Cap Value Class S Shares		1		(1	)		-			-		(7	)		(7	)

Voya Strategic Allocation Conservative Class S Shares		-		-			-			-		-			-

Voya Strategic Allocation Moderate Class S Shares		-		-			-			-		-			-

Wanger Acorn		-		-			-			-		-			-

Wanger International		52,447		(53,968	)		(1,521	)		1,145		(10,239	)		(9,094	)

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

4. Change in Unit Dollars (continued)


	Year Ended December 31, 2023								Year Ended December 31, 2022
Subaccount	Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)			Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)

AB Balanced Hedged Allocation Class B Shares	$	3,720,984	$	(10,997,087	)	$	(7,276,103	)	$	6,141,893	$	(16,769,494	)	$	(10,627,601	)

AB Large Cap Growth Class B Shares		24,487		(2,494,192	)		(2,469,705	)		95,675		(3,552,549	)		(3,456,874	)

AB Relative Value Class B Shares		16,932,995		(41,905,451	)		(24,972,456	)		38,220,154		(46,179,482	)		(7,959,328	)

American Funds - Asset Allocation Class 2 Shares		12,463,379		(91,088,415	)		(78,625,036	)		13,765,420		(100,220,279	)		(86,454,859	)

American Funds - Asset Allocation Class 4 Shares		20,265,219		(3,285,956	)		16,979,263			14,320,694		(3,779,209	)		10,541,485

American Funds - Growth Class 2 Shares		29,952,136		(117,267,409	)		(87,315,273	)		45,658,805		(108,389,457	)		(62,730,652	)

American Funds - Growth Class 4 Shares		68,191,744		(6,517,159	)		61,674,585			38,047,768		(8,172,235	)		29,875,533

American Funds - Growth-Income Class 2 Shares		15,192,168		(84,868,027	)		(69,675,859	)		20,839,869		(77,394,978	)		(56,555,109	)

American Funds - Growth-Income Class 4 Shares		33,970,665		(4,933,121	)		29,037,544			21,932,847		(4,635,048	)		17,297,799

American Funds - International Class 2 Shares		9,702,259		(23,993,182	)		(14,290,923	)		11,782,532		(25,538,808	)		(13,756,276	)

American Funds - International Class 4 Shares		7,956,759		(2,016,792	)		5,939,967			5,192,346		(1,081,175	)		4,111,171

American Funds - New World Class 4 Shares		5,825,836		(1,343,223	)		4,482,613			2,695,468		(920,043	)		1,775,425

American Funds - The Bond Fund of America Class 2 Shares		21,393,907		(28,264,627	)		(6,870,720	)		12,318,807		(37,942,385	)		(25,623,578	)

American Funds - The Bond Fund of America Class 4 Shares		11,052,483		(1,256,519	)		9,795,964			4,684,448		(2,210,690	)		2,473,758

BlackRock Basic Value V.I. Class I Shares		480,874		(1,716,492	)		(1,235,618	)		891,192		(2,325,688	)		(1,434,496	)

BlackRock Global Allocation V.I. Class I Shares		92,991		(984,615	)		(891,624	)		16,182		(908,090	)		(891,908	)

BlackRock High Yield V.I. Class I Shares		50,437		(174,550	)		(124,113	)		64,832		(263,719	)		(198,887	)

DFA VA Equity Allocation		275,907		(19,092	)		256,815			615,459		(132,173	)		483,286

DFA VA Global Bond		1,164,176		(328,151	)		836,025			939,699		(146,602	)		793,097

DFA VA Global Moderate Allocation		98,743		(2,745	)		95,998			452,859		(1,276	)		451,583

DFA VA International Small		155,733		(60,624	)		95,109			459,139		(74,032	)		385,107

DFA VA International Value		309,065		(91,340	)		217,725			546,003		(121,322	)		424,681

DFA VA Short-Term Fixed		700,905		(233,798	)		467,107			422,003		(181,842	)		240,161

DFA VA U.S. Large Value		309,575		(60,837	)		248,738			963,019		(347,889	)		615,130

DFA VA U.S. Targeted Value		376,396		(325,776	)		50,620			644,574		(67,228	)		577,346

Fidelity^® VIP Balanced Service Class 2		30,336,283		(62,321,748	)		(31,985,465	)		25,569,942		(75,692,532	)		(50,122,590	)

Fidelity^® VIP Consumer Staples Initial Class		2,777,651		(1,117,602	)		1,660,049			2,744,333		(991,390	)		1,752,943

Fidelity^® VIP Contrafund^® Initial Class		10,094		(34,864	)		(24,770	)		10,081		(100,663	)		(90,582	)

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

4. Change in Unit Dollars (continued)


	Year Ended December 31, 2023								Year Ended December 31, 2022
Subaccount	Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)			Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)

Fidelity^® VIP Contrafund^® Service Class 2	$	49,172,321	$	(97,733,337	)	$	(48,561,016	)	$	45,292,937	$	(107,131,437	)	$	(61,838,500	)

Fidelity^® VIP Energy Service Class 2		19,800,553		(15,055,062	)		4,745,491			18,903,740		(12,154,918	)		6,748,822

Fidelity^® VIP Equity-Income Initial Class		-		(2,027	)		(2,027	)		-		(2,621	)		(2,621	)

Fidelity^® VIP Equity-Income Service Class 2		144,172		(4,046,479	)		(3,902,307	)		122,052		(4,076,867	)		(3,954,815	)

Fidelity^® VIP Growth Initial Class		-		(1,482	)		(1,482	)		-		(2,107	)		(2,107	)

Fidelity^® VIP Growth Service Class 2		127,017		(4,881,193	)		(4,754,176	)		142,924		(4,775,383	)		(4,632,459	)

Fidelity^® VIP Growth Opportunities Service Class 2		8,537		(266,457	)		(257,920	)		71,554		(220,332	)		(148,778	)

Fidelity^® VIP Health Care Service Class 2		8,163,183		(1,271,469	)		6,891,714			4,186,106		(1,507,503	)		2,678,603

Fidelity^® VIP Mid Cap Initial Class		4,183		(6,857	)		(2,674	)		1,761		(13,375	)		(11,614	)

Fidelity^® VIP Mid Cap Service Class 2		19,451,706		(35,727,824	)		(16,276,118	)		14,990,276		(59,907,082	)		(44,916,806	)

Fidelity^® VIP Technology Initial Class		32,519,384		(13,986,827	)		18,532,557			9,582,423		(4,489,497	)		5,092,926

Fidelity^® VIP Utilities Initial Class		3,217,677		(1,656,660	)		1,561,017			3,702,519		(882,634	)		2,819,885

Fidelity^® VIP Value Strategies Initial Class		86,669		(44,861	)		41,808			10,350		(38,603	)		(28,253	)

Fidelity^® VIP Value Strategies Service Class 2		21,692,352		(48,674,976	)		(26,982,624	)		64,804,150		(56,702,528	)		8,101,622

Franklin Allocation Class 4 Shares		16,071		(6,400,772	)		(6,384,701	)		162,973		(6,986,702	)		(6,823,729	)

Franklin Income Class 2 Shares		76,023		(5,497,000	)		(5,420,977	)		60,536		(6,109,841	)		(6,049,305	)

Franklin Mutual Shares Class 2 Shares		608		(1,070,595	)		(1,069,987	)		1,415		(946,742	)		(945,327	)

Franklin Templeton Foreign Class 2 Shares		35,862		(1,662,562	)		(1,626,700	)		11,246		(1,504,492	)		(1,493,246	)

Invesco V.I. American Franchise Series II Shares		1,388		(748,091	)		(746,703	)		66,106		(942,472	)		(876,366	)

Janus Henderson - Enterprise Service Shares		67,008		(1,388,011	)		(1,321,003	)		176,367		(2,057,052	)		(1,880,685	)

Janus Henderson - Global Research Service Shares		6,129		(1,937,629	)		(1,931,500	)		59,333		(2,156,991	)		(2,097,658	)

Janus Henderson - Mid Cap Value Service Shares		2,622		(176,414	)		(173,792	)		66,836		(210,564	)		(143,728	)

MFS^® New Discovery Service Class		42,127		(3,066,272	)		(3,024,145	)		336,359		(4,479,406	)		(4,143,047	)

MFS^® Total Return Service Class		140,176		(3,351,205	)		(3,211,029	)		141,308		(4,031,073	)		(3,889,765	)

NVIT Emerging Markets Class D Shares		-		(4,018	)		(4,018	)		-		(8,090	)		(8,090	)

State Street Total Return V.I.S. Class 3 Shares		3,278,530		(7,815,840	)		(4,537,310	)		6,187,511		(13,141,448	)		(6,953,937	)

TA 60/40 Allocation Service Class		19,862,744		(6,044,221	)		13,818,523			10,179,474		(8,959,774	)		1,219,700

TA Aegon Bond Initial Class		8,490,593		(14,018,368	)		(5,527,775	)		6,976,250		(20,890,114	)		(13,913,864	)

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

4. Change in Unit Dollars (continued)


	Year Ended December 31, 2023								Year Ended December 31, 2022
Subaccount	Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)			Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)

TA Aegon Bond Service Class	$	9,813,152	$	(63,625,401	)	$	(53,812,249	)	$	16,010,229	$	(96,748,115	)	$	(80,737,886	)

TA Aegon Core Bond Service Class		16,411,808		(29,705,152	)		(13,293,344	)		17,013,678		(49,174,340	)		(32,160,662	)

TA Aegon High Yield Bond Initial Class		3,034,613		(6,020,163	)		(2,985,550	)		2,373,023		(8,615,436	)		(6,242,413	)

TA Aegon High Yield Bond Service Class		7,456,591		(15,819,471	)		(8,362,880	)		6,451,044		(26,662,417	)		(20,211,373	)

TA Aegon Sustainable Equity Income Initial Class		625,633		(23,707,759	)		(23,082,126	)		1,167,360		(23,413,179	)		(22,245,819	)

TA Aegon Sustainable Equity Income Service Class		4,799,021		(16,648,544	)		(11,849,523	)		6,570,032		(22,655,423	)		(16,085,391	)

TA Aegon U.S. Government Securities Initial Class		6,928,983		(9,671,361	)		(2,742,378	)		7,883,759		(13,274,430	)		(5,390,671	)

TA Aegon U.S. Government Securities Service Class		56,512,478		(115,062,075	)		(58,549,597	)		184,596,291		(85,880,526	)		98,715,765

TA American Funds Managed Risk - Balanced Service Class		11,901,221		(90,760,335	)		(78,859,114	)		15,804,716		(85,202,082	)		(69,397,366	)

TA BlackRock Government Money Market Initial Class		24,949,642		(28,582,087	)		(3,632,445	)		57,294,938		(44,454,202	)		12,840,736

TA BlackRock Government Money Market Service Class		199,162,129		(258,835,183	)		(59,673,054	)		403,683,460		(285,927,384	)		117,756,076

TA BlackRock iShares Active Asset Allocation - Conservative Service Class		6,044,401		(35,344,645	)		(29,300,244	)		10,130,828		(41,481,191	)		(31,350,363	)

TA BlackRock iShares Active Asset Allocation - Moderate Service Class		38,736,508		(118,754,386	)		(80,017,878	)		13,264,036		(122,681,427	)		(109,417,391	)

TA BlackRock iShares Active Asset Allocation - Moderate Growth Service Class		11,324,033		(42,373,209	)		(31,049,176	)		8,701,751		(53,893,097	)		(45,191,346	)

TA BlackRock iShares Dynamic Allocation - Balanced Service Class		11,449,501		(104,448,193	)		(92,998,692	)		8,733,841		(94,691,756	)		(85,957,915	)

TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class		9,009,180		(44,165,706	)		(35,156,526	)		6,413,213		(46,981,983	)		(40,568,770	)

TA BlackRock iShares Edge 100 Service Class		4,049,717		(6,194,745	)		(2,145,028	)		7,370,764		(10,456,201	)		(3,085,437	)

TA BlackRock iShares Edge 40 Initial Class		526,066		(1,681,841	)		(1,155,775	)		925,224		(1,926,718	)		(1,001,494	)

TA BlackRock iShares Edge 40 Service Class		3,052,359		(28,900,017	)		(25,847,658	)		2,470,673		(36,843,370	)		(34,372,697	)

TA BlackRock iShares Edge 50 Service Class		6,202,794		(42,110,080	)		(35,907,286	)		14,775,540		(30,589,675	)		(15,814,135	)

TA BlackRock iShares Edge 75 Service Class		7,595,303		(27,731,032	)		(20,135,729	)		13,191,461		(25,435,749	)		(12,244,288	)

TA BlackRock Real Estate Securities Initial Class		711,163		(2,810,050	)		(2,098,887	)		1,463,266		(5,557,836	)		(4,094,570	)

TA BlackRock Real Estate Securities Service Class		4,257,465		(8,688,825	)		(4,431,360	)		7,639,842		(12,982,836	)		(5,342,994	)

TA BlackRock Tactical Allocation Service Class		9,726,948		(129,708,166	)		(119,981,218	)		9,925,295		(130,591,515	)		(120,666,220	)

TA Goldman Sachs 70/30 Service Class		1,600,528		(166,349	)		1,434,179			889,311		(59,682	)		829,629

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

4. Change in Unit Dollars (continued)


	Year Ended December 31, 2023								Year Ended December 31, 2022
Subaccount	Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)			Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)

TA Goldman Sachs Managed Risk - Balanced ETF Service Class	$	24,504,616	$	(496,313,517	)	$	(471,808,901	)	$	11,398,458	$	(485,842,833	)	$	(474,444,375	)

TA Goldman Sachs Managed Risk - Conservative ETF Service Class		11,138,569		(69,085,421	)		(57,946,852	)		9,459,212		(75,479,622	)		(66,020,410	)

TA Goldman Sachs Managed Risk - Growth ETF Service Class		18,972,918		(243,033,735	)		(224,060,817	)		46,068,291		(235,030,164	)		(188,961,873	)

TA Great Lakes Advisors Large Cap Value Service Class		8,239,181		(11,441,975	)		(3,202,794	)		27,592,757		(15,521,890	)		12,070,867

TA International Focus Initial Class		2,152,477		(6,541,540	)		(4,389,063	)		2,684,739		(7,987,921	)		(5,303,182	)

TA International Focus Service Class		3,247,923		(13,072,713	)		(9,824,790	)		6,141,320		(15,132,076	)		(8,990,756	)

TA Janus Balanced Service Class		26,658,436		(121,332,935	)		(94,674,499	)		24,871,905		(139,770,449	)		(114,898,544	)

TA Janus Mid-Cap Growth Initial Class		3,988,994		(7,642,752	)		(3,653,758	)		2,795,149		(10,264,186	)		(7,469,037	)

TA Janus Mid-Cap Growth Service Class		13,381,815		(19,079,564	)		(5,697,749	)		7,043,509		(29,388,777	)		(22,345,268	)

TA JPMorgan Asset Allocation - Conservative Initial Class		7,825,340		(17,036,768	)		(9,211,428	)		12,235,003		(25,867,263	)		(13,632,260	)

TA JPMorgan Asset Allocation - Conservative Service Class		12,671,903		(106,003,902	)		(93,331,999	)		20,973,492		(124,332,985	)		(103,359,493	)

TA JPMorgan Asset Allocation - Growth Initial Class		4,307,215		(17,288,366	)		(12,981,151	)		5,905,927		(27,443,512	)		(21,537,585	)

TA JPMorgan Asset Allocation - Growth Service Class		10,038,680		(25,099,132	)		(15,060,452	)		14,317,473		(28,377,095	)		(14,059,622	)

TA JPMorgan Asset Allocation - Moderate Initial Class		14,121,357		(30,389,291	)		(16,267,934	)		9,092,297		(40,787,580	)		(31,695,283	)

TA JPMorgan Asset Allocation - Moderate Service Class		17,499,822		(494,106,450	)		(476,606,628	)		26,997,700		(516,710,230	)		(489,712,530	)

TA JPMorgan Asset Allocation - Moderate Growth Initial Class		10,850,173		(43,492,359	)		(32,642,186	)		14,974,203		(51,644,351	)		(36,670,148	)

TA JPMorgan Asset Allocation - Moderate Growth Service Class		15,506,951		(341,130,342	)		(325,623,391	)		39,903,880		(345,854,775	)		(305,950,895	)

TA JPMorgan Enhanced Index Initial Class		7,013,837		(13,786,506	)		(6,772,669	)		7,090,714		(15,834,165	)		(8,743,451	)

TA JPMorgan Enhanced Index Service Class		16,517,943		(16,602,883	)		(84,940	)		18,494,521		(25,131,853	)		(6,637,332	)

TA JPMorgan International Moderate Growth Initial Class		-		(1,469	)		(1,469	)		1,661		(763	)		898

TA JPMorgan International Moderate Growth Service Class		5,316,178		(54,940,344	)		(49,624,166	)		5,519,863		(59,404,952	)		(53,885,089	)

TA JPMorgan Mid Cap Value Service Class		13,008,498		(35,132,312	)		(22,123,814	)		22,665,838		(47,880,479	)		(25,214,641	)

TA JPMorgan Tactical Allocation Service Class		9,327,911		(110,550,963	)		(101,223,052	)		5,868,110		(116,771,113	)		(110,903,003	)

TA Madison Diversified Income Service Class		5,637,621		(22,084,511	)		(16,446,890	)		11,306,291		(24,096,733	)		(12,790,442	)

TA Market Participation Strategy Service Class		6,118,291		(46,100,053	)		(39,981,762	)		9,471,409		(55,932,784	)		(46,461,375	)

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

4. Change in Unit Dollars (continued)


	Year Ended December 31, 2023								Year Ended December 31, 2022
Subaccount	Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)			Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)

TA Morgan Stanley Global Allocation Service Class	$	8,378,488	$	(124,397,536	)	$	(116,019,048	)	$	12,016,530	$	(122,737,167	)	$	(110,720,637	)

TA Morgan Stanley Global Allocation Managed Risk - Balanced Service Class		3,256,499		(23,613,061	)		(20,356,562	)		3,612,802		(26,150,144	)		(22,537,342	)

TA MSCI EAFE Index Service Class		11,770,835		(10,842,697	)		928,138			6,419,686		(5,902,350	)		517,336

TA Multi-Managed Balanced Initial Class		5,925,384		(7,494,386	)		(1,569,002	)		3,668,070		(11,397,523	)		(7,729,453	)

TA Multi-Managed Balanced Service Class		18,824,880		(173,529,817	)		(154,704,937	)		26,993,265		(161,382,549	)		(134,389,284	)

TA PIMCO Tactical - Balanced Service Class		3,060,903		(44,491,958	)		(41,431,055	)		3,596,140		(49,738,674	)		(46,142,534	)

TA PIMCO Tactical - Conservative Service Class		4,393,323		(23,744,638	)		(19,351,315	)		4,932,443		(29,763,333	)		(24,830,890	)

TA PIMCO Tactical - Growth Service Class		5,034,117		(33,388,607	)		(28,354,490	)		3,773,472		(42,720,529	)		(38,947,057	)

TA PineBridge Inflation Opportunities Service Class		7,996,987		(31,543,669	)		(23,546,682	)		48,193,246		(48,482,918	)		(289,672	)

TA ProFunds UltraBear Service Class (OAM)		9,409,503		(10,053,475	)		(643,972	)		32,590,489		(10,274,109	)		22,316,380

TA S&P 500 Index Initial Class		1,223,308		(372,084	)		851,224			618,554		(1,753	)		616,801

TA S&P 500 Index Service Class		103,298,606		(58,242,573	)		45,056,033			61,523,059		(60,689,012	)		834,047

TA Small/Mid Cap Value Initial Class		583,819		(9,000,579	)		(8,416,760	)		1,029,501		(12,119,380	)		(11,089,879	)

TA Small/Mid Cap Value Service Class		14,253,556		(21,153,954	)		(6,900,398	)		13,595,448		(33,677,571	)		(20,082,123	)

TA T. Rowe Price Small Cap Initial Class		3,808,439		(9,527,184	)		(5,718,745	)		3,727,804		(13,565,790	)		(9,837,986	)

TA T. Rowe Price Small Cap Service Class		21,376,936		(36,923,966	)		(15,547,030	)		18,800,496		(46,916,092	)		(28,115,596	)

TA TS&W International Equity Initial Class		5,735,332		(8,488,228	)		(2,752,896	)		2,867,718		(7,783,755	)		(4,916,037	)

TA TS&W International Equity Service Class		6,729,619		(8,965,579	)		(2,235,960	)		5,755,451		(9,363,237	)		(3,607,786	)

TA WMC US Growth Initial Class		210,204,952		(64,261,856	)		145,943,096			10,258,406		(60,424,516	)		(50,166,110	)

TA WMC US Growth Service Class		419,568,446		(68,152,673	)		351,415,773			16,290,968		(35,652,507	)		(19,361,539	)

Vanguard^® Balanced		13,238,412		(3,099,933	)		10,138,479			10,743,102		(1,862,469	)		8,880,633

Vanguard^® Capital Growth		1,241,057		(823,575	)		417,482			1,159,915		(148,397	)		1,011,518

Vanguard^® Conservative Allocation		2,246,789		(262,254	)		1,984,535			4,167,001		(914,599	)		3,252,402

Vanguard^® Diversified Value		681,063		(68,923	)		612,140			584,780		(100,367	)		484,413

Vanguard^® Equity Income		867,167		(408,682	)		458,485			1,619,146		(362,413	)		1,256,733

Vanguard^® Equity Index		3,154,634		(2,194,659	)		959,975			8,165,425		(3,234,997	)		4,930,428

Vanguard^® Global Bond Index		257,171		(45,696	)		211,475			636,079		(61,215	)		574,864

Vanguard^® Growth		930,627		(493,626	)		437,001			1,555,242		(478,448	)		1,076,794

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

4. Change in Unit Dollars (continued)


	Year Ended December 31, 2023								Year Ended December 31, 2022
Subaccount	Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)			Units Purchased in Dollars		Units Redeemed and Transferred to/from in Dollars			Dollar Net Increase (Decrease)

Vanguard^® High Yield Bond	$	771,638	$	(59,721	)	$	711,917		$	920,906	$	(186,072	)	$	734,834

Vanguard^® International		1,951,220		(1,021,864	)		929,356			2,310,629		(1,265,657	)		1,044,972

Vanguard^® Mid-Cap Index		8,445,558		(1,954,898	)		6,490,660			7,057,593		(1,939,744	)		5,117,849

Vanguard^® Moderate Allocation		5,822,126		(1,614,246	)		4,207,880			9,898,078		(3,466,721	)		6,431,357

Vanguard^® Money Market		9,781,243		(7,174,577	)		2,606,666			6,876,898		(6,547,765	)		329,133

Vanguard^® Real Estate Index		441,811		(547,161	)		(105,350	)		2,193,982		(687,111	)		1,506,871

Vanguard^® Short-Term Investment Grade		6,378,690		(1,825,736	)		4,552,954			4,522,314		(3,218,145	)		1,304,169

Vanguard^® Total Bond Market Index		3,828,050		(2,132,035	)		1,696,015			4,687,959		(2,929,973	)		1,757,986

Vanguard^® Total International Stock Market Index		1,460,608		(950,280	)		510,328			2,998,664		(211,490	)		2,787,174

Vanguard^® Total Stock Market Index		5,810,627		(1,130,259	)		4,680,368			4,109,477		(1,605,883	)		2,503,594

Voya Global Perspectives Class S Shares		990		(12,318	)		(11,328	)		-		(1,995	)		(1,995	)

Voya Large Cap Value Class S Shares		22		(11	)		11			-		(127	)		(127	)

Voya Strategic Allocation Conservative Class S Shares		-		-			-			-		-			-

Voya Strategic Allocation Moderate Class S Shares		-		-			-			-		-			-

Wanger Acorn		-		-			-			-		-			-

Wanger International		81,427		(92,923	)		(11,496	)		8,865		(42,492	)		(33,627	)

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

5. Financial Highlights

The Separate Account offers various death benefit options, which have differing fees that are charged against the contract owner’s account balance. These charges are discussed in more detail in the individual’s policy. Differences in the fee structures for these units result in different unit values, expense ratios, and total returns.


			At December 31									For the Year Ended December 31
Subaccount			Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio					Net Assets		Investment Income Ratio*			Expense Ratio Lowest to Highest**						Total Return* Corresponding to Lowest to Highest Expense Ratio**

AB Balanced Hedged Allocation Class B Shares
	12/31/2023			18,016,973	$	16.85	to	$	11.83	$	67,924,719		0.91	%		0.40	%	to	2.85	%		12.21	%	to	9.55	%
	12/31/2022			20,382,589		15.02	to		10.80		68,221,047		3.03			0.40		to	2.85			(19.49	)	to	(21.41	)
	12/31/2021			23,075,361		18.65	to		13.74		97,949,715		0.26			0.40		to	2.85			12.91		to	10.22
	12/31/2020			26,074,538		16.52	to		12.47		93,993,592		2.15			0.40		to	2.85			8.82		to	6.22
	12/31/2019			30,129,720		15.18	to		11.74		97,353,579		2.34			0.40		to	2.85			17.73		to	14.93
AB Large Cap Growth Class B Shares
	12/31/2023			6,062,153		6.29	to		24.55		25,855,468		-			0.30		to	2.80			34.38		to	31.13
	12/31/2022			6,694,830		4.68	to		18.72		21,598,227		-			0.30		to	2.80			(28.90	)	to	(30.63	)
	12/31/2021			7,676,319		6.59	to		26.99		35,215,505		-			0.30		to	2.80			28.27		to	25.15
	12/31/2020			9,621,136		5.13	to		21.57		34,806,742		-			0.30		to	2.80			34.74		to	31.47
	12/31/2019			11,372,716		3.81	to		16.41		31,230,390		-			0.30		to	2.80			33.96		to	30.70
AB Relative Value Class B Shares
	12/31/2023			45,826,690		3.81	to		15.75		252,527,102		1.27			0.30		to	2.80			11.39		to	8.69
	12/31/2022			52,215,761		3.42	to		14.49		253,718,317		1.10			0.30		to	2.80			(4.70	)	to	(7.02	)
	12/31/2021			53,868,536		3.59	to		15.58		277,963,317		0.65			0.30		to	2.80			27.45		to	24.36
	12/31/2020			61,139,851		2.82	to		12.53		237,524,698		1.32			0.30		to	2.80			2.17		to	(0.32	)
	12/31/2019			66,912,738		2.76	to		12.57		249,977,608		1.03			0.30		to	2.80			23.24		to	20.24
American Funds - Asset Allocation Class 2 Shares
	12/31/2023			117,496,772		21.25	to		13.95		655,500,152		2.17			0.60		to	2.95			13.59		to	11.00
	12/31/2022			133,628,079		18.71	to		12.57		658,825,848		1.84			0.60		to	2.95			(13.92	)	to	(15.88	)
	12/31/2021			152,575,336		21.74	to		14.94		871,352,808		1.50			0.60		to	2.95			14.41		to	11.80
	12/31/2020			174,752,023		19.00	to		13.37		857,259,812		1.67			0.60		to	2.95			11.78		to	9.24
	12/31/2019			194,454,343		17.00	to		12.24		819,073,416		1.95			0.60		to	2.95			20.51		to	17.76
American Funds - Asset Allocation Class 4 Shares
	12/31/2023			4,038,684		13.31	to		12.46		51,793,639		2.37			0.40		to	2.20			13.57		to	11.55
	12/31/2022			2,607,001		11.72	to		11.17		29,772,601		1.92			0.40		to	2.20			(14.01	)	to	(15.54	)
	12/31/2021			1,727,718		13.63	to		13.23		23,155,040		2.13			0.40		to	2.20			14.38		to	12.34
	12/31/2020	⁽¹⁾		50,583		11.92	to		11.77		599,001		4.31			0.40		to	2.20			-		to	-
American Funds - Growth Class 2 Shares
	12/31/2023			40,066,362		42.66	to		24.24		905,289,115		0.36			0.60		to	2.95			37.66		to	34.53
	12/31/2022			44,785,334		30.99	to		18.02		739,271,958		0.32			0.60		to	2.95			(30.36	)	to	(31.94	)
	12/31/2021			49,147,881		44.50	to		26.48		1,149,580,633		0.22			0.60		to	2.95			21.26		to	18.50
	12/31/2020			57,094,202		36.70	to		22.35		1,055,964,795		0.32			0.60		to	2.95			51.17		to	47.73
	12/31/2019			60,243,138		24.27	to		15.13		679,623,629		0.80			0.60		to	2.95			29.99		to	27.03
American Funds - Growth Class 4 Shares
	12/31/2023			10,231,206		17.59	to		16.47		173,243,164		0.18			0.33		to	2.13			37.68		to	35.24
	12/31/2022			6,068,608		12.77	to		12.18		75,410,935		0.11			0.33		to	2.13			(30.34	)	to	(31.59	)
	12/31/2021			3,929,006		18.34	to		17.80		70,825,649		0.06			0.33		to	2.13			21.28		to	19.12
	12/31/2020	⁽¹⁾		235,706		15.12	to		14.94		3,539,748		-			0.33		to	2.13			-		to	-
American Funds - Growth-Income Class 2 Shares
	12/31/2023			37,114,846		31.69	to		18.16		623,307,981		1.35			0.60		to	2.95			25.39		to	22.54
	12/31/2022			42,147,647		25.27	to		14.82		565,155,508		1.26			0.60		to	2.95			(16.99	)	to	(18.88	)
	12/31/2021			46,521,780		30.45	to		18.27		754,565,140		1.11			0.60		to	2.95			23.35		to	20.54
	12/31/2020			52,944,337		24.68	to		15.16		676,765,745		1.42			0.60		to	2.95			12.87		to	10.29
	12/31/2019			55,567,642		21.87	to		13.74		578,289,945		1.79			0.60		to	2.95			25.38		to	22.52
American Funds - Growth-Income Class 4 Shares
	12/31/2023			5,697,599		16.12	to		15.09		88,521,439		1.37			0.33		to	2.13			25.41		to	23.18
	12/31/2022			3,580,600		12.86	to		12.25		44,815,167		1.23			0.33		to	2.13			(16.98	)	to	(18.46	)
	12/31/2021			2,239,175		15.48	to		15.03		34,083,630		1.32			0.33		to	2.13			23.39		to	21.19
	12/31/2020	⁽¹⁾		131,787		12.55	to		12.40		1,642,555		1.97			0.33		to	2.13			-		to	-

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

5. Financial Highlights (continued)


			At December 31									For the Year Ended December 31
Subaccount			Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio					Net Assets		Investment Income Ratio*			Expense Ratio Lowest to Highest**						Total Return* Corresponding to Lowest to Highest Expense Ratio**

American Funds - International Class 2 Shares
	12/31/2023			30,930,665	$	14.85	to	$	11.85	$	202,507,533		1.29	%		0.60	%	to	2.95	%		15.15	%	to	12.53	%
	12/31/2022			33,890,694		12.89	to		10.53		190,941,815		1.71			0.60		to	2.95			(21.26	)	to	(23.05	)
	12/31/2021			37,028,497		16.37	to		13.69		262,247,784		2.38			0.60		to	2.95			(2.09	)	to	(4.32	)
	12/31/2020			41,284,373		16.72	to		14.31		282,160,736		0.67			0.60		to	2.95			13.29		to	10.71
	12/31/2019			46,533,316		14.76	to		12.92		248,531,886		1.55			0.60		to	2.95			22.15		to	19.36
American Funds - International Class 4 Shares
	12/31/2023			2,056,088		12.45	to		11.65		24,678,048		1.22			0.33		to	2.13			15.18		to	13.13
	12/31/2022			1,534,693		10.81	to		10.30		16,159,481		1.66			0.33		to	2.13			(21.28	)	to	(22.68	)
	12/31/2021			1,178,588		13.73	to		13.32		15,918,386		3.82			0.33		to	2.13			(2.04	)	to	(3.78	)
	12/31/2020	⁽¹⁾		103,923		14.02	to		13.85		1,447,390		0.92			0.33		to	2.13			-		to	-
American Funds - New World Class 4 Shares
	12/31/2023			1,016,305		13.40	to		12.54		13,127,105		1.44			0.35		to	2.15			15.27		to	13.22
	12/31/2022			648,308		11.63	to		11.08		7,346,732		1.15			0.35		to	2.15			(22.52	)	to	(23.90	)
	12/31/2021			511,234		15.00	to		14.56		7,543,125		0.98			0.35		to	2.15			4.26		to	2.40
	12/31/2020	⁽¹⁾		27,799		14.39	to		14.22		397,295		-			0.35		to	2.15			-		to	-
American Funds - The Bond Fund of America Class 2 Shares
	12/31/2023			52,481,229		11.10	to		9.27		205,754,769		3.44			0.60		to	2.95			4.39		to	2.02
	12/31/2022			54,788,400		10.64	to		9.09		205,927,941		2.83			0.60		to	2.95			(13.10	)	to	(15.08	)
	12/31/2021			62,790,605		12.24	to		10.70		267,700,388		1.38			0.60		to	2.95			(0.90	)	to	(3.16	)
	12/31/2020			67,686,257		12.35	to		11.05		285,376,467		2.15			0.60		to	2.95			9.08		to	6.59
	12/31/2019			64,327,748		11.32	to		10.37		230,089,383		2.69			0.60		to	2.95			8.70		to	6.22
American Funds - The Bond Fund of America Class 4 Shares
	12/31/2023			2,584,125		9.42	to		8.82		23,472,254		3.86			0.31		to	2.11			4.40		to	2.54
	12/31/2022			1,480,104		9.02	to		8.60		12,995,937		2.87			0.31		to	2.11			(13.02	)	to	(14.57	)
	12/31/2021			1,220,373		10.37	to		10.07		12,442,489		1.60			0.31		to	2.11			(0.89	)	to	(2.66	)
	12/31/2020	⁽¹⁾		44,930		10.47	to		10.34		466,693		6.23			0.31		to	2.11			-		to	-
BlackRock Basic Value V.I. Class I Shares
	12/31/2023			4,274,831		3.49	to		14.13		18,096,054		1.77			1.25		to	2.65			15.17		to	13.61
	12/31/2022			4,611,591		3.03	to		12.44		16,931,268		1.42			1.25		to	2.65			(6.09	)	to	(7.37	)
	12/31/2021			5,019,930		3.23	to		13.43		19,580,580		1.17			1.25		to	2.65			20.17		to	18.54
	12/31/2020			5,956,830		2.69	to		11.33		19,478,568		2.43			1.25		to	2.65			2.15		to	0.76
	12/31/2019			6,249,446		2.63	to		11.24		20,016,237		2.39			1.25		to	2.65			22.38		to	20.71
BlackRock Global Allocation V.I. Class I Shares
	12/31/2023			3,100,120		3.72	to		12.66		7,932,144		2.13			1.25		to	2.65			11.44		to	9.92
	12/31/2022			3,447,241		3.33	to		11.51		7,994,086		-			1.25		to	2.65			(16.90	)	to	(18.03	)
	12/31/2021			3,779,531		4.01	to		14.05		10,653,267		0.89			1.25		to	2.65			5.36		to	3.92
	12/31/2020			4,385,798		3.81	to		13.52		11,798,862		1.29			1.25		to	2.65			19.52		to	17.89
	12/31/2019			4,729,879		3.19	to		11.46		10,712,286		1.24			1.25		to	2.65			16.53		to	14.94
BlackRock High Yield V.I. Class I Shares
	12/31/2023			891,751		3.09	to		11.53		2,614,880		6.56			1.25		to	2.65			11.80		to	10.28
	12/31/2022			937,485		2.77	to		10.46		2,463,283		5.31			1.25		to	2.65			(11.45	)	to	(12.65	)
	12/31/2021			1,009,939		3.12	to		11.97		3,009,551		4.52			1.25		to	2.65			4.02		to	2.61
	12/31/2020			1,167,438		3.00	to		11.67		3,353,262		5.31			1.25		to	2.65			5.97		to	4.52
	12/31/2019			1,340,935		2.83	to		11.16		3,651,853		5.40			1.25		to	2.65			13.87		to	12.31
DFA VA Equity Allocation
	12/31/2023			120,642		14.37	to		14.26		1,729,713		2.40			0.27		to	0.47			19.82		to	19.58
	12/31/2022			101,956		11.99	to		11.92		1,220,469		1.92			0.27		to	0.47			(13.91	)	to	(14.09	)
	12/31/2021			61,903		13.93	to		13.88		860,593		2.53			0.27		to	0.47			24.04		to	23.79
	12/31/2020			39,352		11.23	to		11.21		441,244		18.43			0.27		to	0.47			11.85		to	11.63
	12/31/2019	⁽¹⁾		-		10.04	to		10.04		-		-			0.27		to	0.47			-		to	-

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

5. Financial Highlights (continued)


			At December 31								For the Year Ended December 31
Subaccount			Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio				Net Assets		Investment Income Ratio*			Expense Ratio Lowest to Highest**						Total Return* Corresponding to Lowest to Highest Expense Ratio**

DFA VA Global Bond
	12/31/2023			307,925		$9.78	to	$8.98	$	2,909,169		5.08	%		0.27	%	to	2.60	%		4.77	%	to	2.36	%
	12/31/2022			217,471		9.34	to	8.77		1,982,769		1.85			0.27		to	2.60			(6.59	)	to	(8.73	)
	12/31/2021			132,281		9.99	to	9.61		1,299,932		1.55			0.27		to	2.60			(1.31	)	to	(3.58	)
	12/31/2020			12,560		10.13	to	9.96		127,203		0.06			0.27		to	2.60			1.18		to	0.98
	12/31/2019	⁽¹⁾		-		10.01	to	10.01		-		-			0.27		to	0.47			-		to	-
DFA VA Global Moderate Allocation
	12/31/2023			55,338		12.88	to	12.78		712,676		2.88			0.27		to	0.47			14.42		to	14.19
	12/31/2022			47,075		11.26	to	11.19		529,889		3.35			0.27		to	0.47			(11.20	)	to	(11.37	)
	12/31/2021			6,725		12.68	to	12.63		85,165		0.45			0.27		to	0.47			13.90		to	13.67
	12/31/2020			1,869		11.13	to	11.11		20,762		2.47			0.27		to	0.47			10.99		to	10.77
	12/31/2019	⁽¹⁾		-		10.03	to	10.03		-		-			0.27		to	0.47			-		to	-
DFA VA International Small
	12/31/2023			72,742		11.82	to	11.73		859,817		3.30			0.27		to	0.47			13.80		to	13.58
	12/31/2022			64,378		10.39	to	10.33		668,692		3.28			0.27		to	0.47			(17.87	)	to	(18.03	)
	12/31/2021			29,546		12.65	to	12.60		373,647		2.70			0.27		to	0.47			14.26		to	14.03
	12/31/2020			24,516		11.07	to	11.05		271,344		8.73			0.27		to	0.47			9.12		to	8.90
	12/31/2019	⁽¹⁾		-		10.15	to	10.14		-		-			0.27		to	0.47			-		to	-
DFA VA International Value
	12/31/2023			84,288		13.10	to	13.00		1,103,871		5.26			0.27		to	0.47			17.54		to	17.31
	12/31/2022			67,116		11.15	to	11.08		747,852		4.36			0.27		to	0.47			(3.72	)	to	(3.91	)
	12/31/2021			30,790		11.58	to	11.53		356,360		6.25			0.27		to	0.47			17.80		to	17.56
	12/31/2020			4,829		9.83	to	9.81		47,429		6.34			0.27		to	0.47			(2.03	)	to	(2.23	)
	12/31/2019	⁽¹⁾		-		10.03	to	10.03		-		-			0.27		to	0.47			-		to	-
DFA VA Short-Term Fixed
	12/31/2023			148,930		10.31	to	10.22		1,532,735		4.49			0.27		to	0.47			4.70		to	4.49
	12/31/2022			102,470		9.84	to	9.78		1,007,153		1.46			0.27		to	0.47			(1.42	)	to	(1.62	)
	12/31/2021			78,002		9.99	to	9.95		778,117		0.01			0.27		to	0.47			(0.46	)	to	(0.66	)
	12/31/2020			9,237		10.03	to	10.01		92,589		0.50			0.27		to	0.47			0.33		to	0.13
	12/31/2019	⁽¹⁾		-		10.00	to	10.00		-		-			0.27		to	0.47			-		to	-
DFA VA U.S. Large Value
	12/31/2023			121,902		13.11	to	13.01		1,594,443		2.51			0.27		to	0.47			10.62		to	10.40
	12/31/2022			101,597		11.86	to	11.78		1,201,596		2.74			0.27		to	0.47			(5.13	)	to	(5.32	)
	12/31/2021			52,319		12.50	to	12.45		653,107		2.32			0.27		to	0.47			26.69		to	26.44
	12/31/2020			23,843		9.86	to	9.84		234,961		6.18			0.27		to	0.47			(1.64	)	to	(1.84	)
	12/31/2019	⁽¹⁾		-		10.03	to	10.03		-		-			0.27		to	0.47			-		to	-
DFA VA U.S. Targeted Value
	12/31/2023			79,486		16.51	to	16.38		1,311,280		1.52			0.27		to	0.47			19.71		to	19.47
	12/31/2022			76,895		13.79	to	13.71		1,060,221		1.84			0.27		to	0.47			(4.47	)	to	(4.66	)
	12/31/2021			35,853		14.44	to	14.38		517,428		2.01			0.27		to	0.47			39.30		to	39.03
	12/31/2020			13,882		10.36	to	10.34		143,813		7.93			0.27		to	0.47			3.70		to	3.50
	12/31/2019	⁽¹⁾		-		9.99	to	9.99		-		-			0.27		to	0.47			-		to	-
Fidelity^® VIP Balanced Service Class 2
	12/31/2023			82,360,131		3.20	to	16.29		474,442,207		1.54			0.30		to	2.65			20.87		to	18.11
	12/31/2022			90,884,668		2.65	to	13.79		426,076,806		1.04			0.30		to	2.65			(18.43	)	to	(20.30	)
	12/31/2021			103,061,636		3.25	to	17.31		585,801,138		0.73			0.30		to	2.65			17.64		to	14.95
	12/31/2020			114,386,362		2.76	to	15.06		537,674,354		1.28			0.30		to	2.65			21.76		to	18.98
	12/31/2019			125,709,751		2.27	to	12.65		457,401,722		1.58			0.30		to	2.65			23.74		to	20.91
Fidelity^® VIP Consumer Staples Initial Class
	12/31/2023			377,482		14.10	to	13.20		5,142,722		2.12			0.70		to	2.50			2.42		to	0.60
	12/31/2022			255,802		13.76	to	13.12		3,426,928		2.02			0.70		to	2.50			(1.31	)	to	(3.06	)
	12/31/2021			123,456		13.95	to	13.53		1,692,428		2.98			0.70		to	2.50			13.44		to	11.42
	12/31/2020	⁽¹⁾		613		12.29	to	12.15		7,484		-			0.70		to	2.50			-		to	-

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

5. Financial Highlights (continued)


			At December 31								For the Year Ended December 31
Subaccount			Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio				Net Assets		Investment Income Ratio*			Expense Ratio Lowest to Highest**						Total Return* Corresponding to Lowest to Highest Expense Ratio**

Fidelity^® VIP Contrafund^® Initial Class
	12/31/2023			13,437		$4.34	to	$20.09	$	95,817		0.47	%		0.30	%	to	2.70	%		33.05	%	to	29.96	%
	12/31/2022			17,526		3.27	to	15.46		97,922		0.43			0.30		to	2.70			(26.53	)	to	(28.25	)
	12/31/2021			26,578		4.44	to	21.54		239,522		0.05			0.30		to	2.70			27.45		to	24.48
	12/31/2020			43,364		3.49	to	17.31		267,864		0.22			0.30		to	2.70			30.18		to	27.14
	12/31/2019			44,170		2.68	to	13.61		208,350		0.37			0.30		to	2.70			31.18		to	28.12
Fidelity^® VIP Contrafund^® Service Class 2
	12/31/2023			85,312,133		5.13	to	19.71		818,065,180		0.26			0.30		to	2.80			32.72		to	29.50
	12/31/2022			91,926,554		3.87	to	15.22		664,973,940		0.26			0.30		to	2.80			(26.71	)	to	(28.49	)
	12/31/2021			100,491,552		5.28	to	21.28		994,100,891		0.03			0.30		to	2.80			27.13		to	24.04
	12/31/2020			114,571,364		4.15	to	17.16		855,273,689		0.08			0.30		to	2.80			29.84		to	26.69
	12/31/2019			122,971,431		3.20	to	13.54		671,378,964		0.22			0.30		to	2.80			30.88		to	27.70
Fidelity^® VIP Energy Service Class 2
	12/31/2023			667,690		27.42	to	25.68		17,617,012		2.45			0.50		to	2.30			0.20		to	(1.58	)
	12/31/2022			505,201		27.37	to	26.09		13,435,529		2.46			0.50		to	2.30			62.06		to	59.18
	12/31/2021			226,711		16.89	to	16.39		3,760,207		3.53			0.50		to	2.30			54.06		to	51.32
	12/31/2020	⁽¹⁾		3,620		10.96	to	10.83		39,390		4.30			0.50		to	2.30			-		to	-
Fidelity^® VIP Equity-Income Initial Class
	12/31/2023			19,236		2.70	to	15.10		53,451		1.94			0.30		to	2.70			10.32		to	7.75
	12/31/2022			20,012		2.45	to	14.02		50,635		1.88			0.30		to	2.70			(5.24	)	to	(7.45	)
	12/31/2021			21,037		2.59	to	15.15		56,446		1.91			0.30		to	2.70			24.52		to	21.61
	12/31/2020			21,847		2.08	to	12.45		47,297		1.84			0.30		to	2.70			6.38		to	3.89
	12/31/2019			22,709		1.95	to	11.99		46,431		2.02			0.30		to	2.70			27.06		to	24.09
Fidelity^® VIP Equity-Income Service Class 2
	12/31/2023			10,178,460		3.38	to	14.81		30,367,510		1.70			0.30		to	2.80			10.05		to	7.38
	12/31/2022			11,579,284		3.07	to	13.79		31,755,838		1.66			0.30		to	2.80			(5.53	)	to	(7.82	)
	12/31/2021			13,003,796		3.25	to	14.96		38,235,541		1.55			0.30		to	2.80			24.23		to	21.21
	12/31/2020			16,133,605		2.62	to	12.34		38,656,184		1.61			0.30		to	2.80			6.12		to	3.54
	12/31/2019			18,185,698		2.46	to	11.92		41,513,921		1.78			0.30		to	2.80			26.73		to	23.65
Fidelity^® VIP Growth Initial Class
	12/31/2023			6,146		5.98	to	26.90		31,107		0.13			0.30		to	2.70			35.83		to	32.67
	12/31/2022			6,487		4.40	to	20.27		24,291		0.62			0.30		to	2.70			(24.68	)	to	(26.44	)
	12/31/2021			6,995		5.85	to	27.56		34,948		-			0.30		to	2.70			22.85		to	19.98
	12/31/2020			7,385		4.76	to	22.97		30,183		0.07			0.30		to	2.70			43.46		to	40.11
	12/31/2019			7,797		3.32	to	16.40		22,321		0.26			0.30		to	2.70			33.91		to	30.78
Fidelity^® VIP Growth Service Class 2
	12/31/2023			7,797,178		6.61	to	26.42		34,909,236		0.00			0.30		to	2.80			35.48		to	32.20
	12/31/2022			8,996,136		4.88	to	19.99		30,132,579		0.36			0.30		to	2.80			(24.87	)	to	(26.69	)
	12/31/2021			10,219,740		6.49	to	27.27		46,107,542		-			0.30		to	2.80			22.54		to	19.56
	12/31/2020			13,368,312		5.30	to	22.81		49,691,847		0.04			0.30		to	2.80			43.12		to	39.64
	12/31/2019			14,824,936		3.70	to	16.33		39,103,539		0.06			0.30		to	2.80			33.58		to	30.33
Fidelity^® VIP Growth Opportunities Service Class 2
	12/31/2023			512,379		32.34	to	29.06		2,839,309		-			1.25		to	2.80			43.52		to	41.36
	12/31/2022			566,491		22.53	to	20.56		2,200,748		-			1.25		to	2.80			(39.08	)	to	(40.00	)
	12/31/2021			597,638		36.98	to	34.27		3,820,317		-			1.25		to	2.80			10.29		to	8.63
	12/31/2020			779,883		33.53	to	31.54		4,484,860		-			1.25		to	2.80			66.16		to	63.65
	12/31/2019			862,593		20.18	to	19.27		3,004,319		-			1.25		to	2.80			38.76		to	36.67
Fidelity^® VIP Health Care Service Class 2
	12/31/2023			1,414,284		11.99	to	11.23		16,350,368		-			0.50		to	2.30			3.49		to	1.65
	12/31/2022			798,771		11.59	to	11.04		9,004,288		-			0.50		to	2.30			(13.05	)	to	(14.60	)
	12/31/2021			563,662		13.33	to	12.93		7,381,141		0.02			0.50		to	2.30			10.89		to	8.91
	12/31/2020	⁽¹⁾		21,737		12.02	to	11.87		259,476		1.03			0.50		to	2.30			-		to	-

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

5. Financial Highlights (continued)


			At December 31								For the Year Ended December 31
Subaccount			Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio				Net Assets		Investment Income Ratio*			Expense Ratio Lowest to Highest**						Total Return* Corresponding to Lowest to Highest Expense Ratio**

Fidelity^® VIP Mid Cap Initial Class
	12/31/2023			8,182		$3.41	to	$15.06	$	57,825		0.61	%		0.30	%	to	2.70	%		14.73	%	to	12.06	%
	12/31/2022			10,501		2.97	to	13.44		53,442		0.45			0.30		to	2.70			(15.00	)	to	(16.98	)
	12/31/2021			15,709		3.50	to	16.19		76,481		0.61			0.30		to	2.70			25.23		to	22.30
	12/31/2020			17,141		2.79	to	13.24		64,353		0.66			0.30		to	2.70			17.84		to	15.08
	12/31/2019			18,009		2.37	to	11.50		55,425		0.86			0.30		to	2.70			23.08		to	20.20
Fidelity^® VIP Mid Cap Service Class 2
	12/31/2023			42,354,398		4.15	to	14.84		340,699,765		0.39			0.30		to	2.80			14.46		to	11.68
	12/31/2022			45,613,090		3.63	to	13.29		316,552,322		0.26			0.30		to	2.80			(15.22	)	to	(17.28	)
	12/31/2021			51,504,031		4.28	to	16.07		429,576,602		0.34			0.30		to	2.80			24.93		to	21.89
	12/31/2020			61,513,574		3.43	to	13.18		397,709,138		0.40			0.30		to	2.80			17.51		to	14.66
	12/31/2019			68,400,272		2.91	to	11.50		354,595,211		0.69			0.30		to	2.80			22.80		to	19.82
Fidelity^® VIP Technology Initial Class
	12/31/2023			2,212,243		20.50	to	19.19		43,654,201		0.16			0.70		to	2.50			57.22		to	54.43
	12/31/2022			1,156,410		13.04	to	12.43		14,669,451		-			0.70		to	2.50			(36.30	)	to	(37.44	)
	12/31/2021			817,742		20.47	to	19.87		16,455,465		-			0.70		to	2.50			27.27		to	25.00
	12/31/2020	⁽¹⁾		41,913		16.08	to	15.89		669,454		-			0.70		to	2.50			-		to	-
Fidelity^® VIP Utilities Initial Class
	12/31/2023			413,908		13.90	to	13.01		5,546,884		2.43			0.70		to	2.50			(1.72	)	to	(3.47	)
	12/31/2022			295,507		14.14	to	13.48		4,063,657		2.07			0.70		to	2.50			4.69		to	2.83
	12/31/2021			85,074		13.51	to	13.11		1,130,117		3.31			0.70		to	2.50			16.68		to	14.60
	12/31/2020	⁽¹⁾		2,161		11.58	to	11.44		24,841		9.64			0.70		to	2.50			-		to	-
Fidelity^® VIP Value Strategies Initial Class
	12/31/2023			68,984		3.23	to	17.71		507,495		1.20			0.30		to	2.50			20.49		to	17.91
	12/31/2022			51,589		2.68	to	15.02		384,531		1.10			0.30		to	2.50			(7.30	)	to	(9.29	)
	12/31/2021			60,020		2.90	to	16.56		445,753		1.64			0.30		to	2.50			33.20		to	30.34
	12/31/2020			65,512		2.17	to	12.70		239,991		1.14			0.30		to	2.50			7.93		to	5.62
	12/31/2019			81,496		2.01	to	12.03		341,053		1.69			0.30		to	2.50			34.12		to	31.25
Fidelity^® VIP Value Strategies Service Class 2
	12/31/2023			32,815,104		4.18	to	17.27		241,899,996		0.89			0.30		to	2.80			20.25		to	17.33
	12/31/2022			37,320,508		3.48	to	14.72		229,047,613		0.88			0.30		to	2.80			(7.63	)	to	(9.87	)
	12/31/2021			37,651,512		3.77	to	16.33		243,543,351		1.24			0.30		to	2.80			32.94		to	29.71
	12/31/2020			38,869,644		2.83	to	12.59		176,210,717		1.07			0.30		to	2.80			7.70		to	5.08
	12/31/2019			41,539,468		2.63	to	11.98		167,567,384		1.47			0.30		to	2.80			33.70		to	30.45
Franklin Allocation Class 4 Shares
	12/31/2023			19,249,639		1.87	to	11.85		46,977,467		1.31			0.60		to	2.80			13.94		to	11.51
	12/31/2022			22,038,394		1.64	to	10.63		47,702,927		1.50			0.60		to	2.80			(16.69	)	to	(18.47	)
	12/31/2021			24,994,155		1.97	to	13.04		65,635,756		1.59			0.60		to	2.80			10.87		to	8.50
	12/31/2020			29,058,217		1.78	to	12.02		69,574,482		1.35			0.60		to	2.80			11.08		to	8.71
	12/31/2019			33,952,154		1.60	to	11.05		73,995,819		3.32			0.60		to	2.80			18.85		to	16.31
Franklin Income Class 2 Shares
	12/31/2023			19,220,833		1.91	to	12.10		34,524,329		5.19			1.00		to	2.80			7.55		to	5.67
	12/31/2022			22,392,372		1.78	to	11.45		37,594,864		4.85			1.00		to	2.80			(6.41	)	to	(8.04	)
	12/31/2021			25,879,319		1.90	to	12.46		46,639,026		4.76			1.00		to	2.80			15.60		to	13.58
	12/31/2020			31,003,681		1.64	to	10.97		48,526,068		5.89			1.00		to	2.80			(0.30	)	to	(2.05	)
	12/31/2019			36,589,063		1.65	to	11.20		57,808,661		5.39			1.00		to	2.80			14.91		to	12.90
Franklin Mutual Shares Class 2 Shares
	12/31/2023			5,237,841		1.79	to	11.73		8,898,993		1.87			1.00		to	2.80			12.34		to	10.38
	12/31/2022			5,920,823		1.59	to	10.63		9,000,977		1.83			1.00		to	2.80			(8.35	)	to	(9.95	)
	12/31/2021			6,532,283		1.74	to	11.80		10,894,622		2.81			1.00		to	2.80			17.99		to	15.92
	12/31/2020			7,876,120		1.47	to	10.18		11,185,310		2.76			1.00		to	2.80			(5.98	)	to	(7.63	)
	12/31/2019			9,029,439		1.57	to	11.02		13,710,436		1.79			1.00		to	2.80			21.36		to	19.23

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

5. Financial Highlights (continued)


		At December 31								For the Year Ended December 31
Subaccount		Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio				Net Assets		Investment Income Ratio*			Expense Ratio Lowest to Highest**						Total Return* Corresponding to Lowest to Highest Expense Ratio**

Franklin Templeton Foreign Class 2 Shares
	12/31/2023		11,511,406		$1.20	to	$10.51	$	12,776,212		3.24	%		1.00	%	to	2.80	%		19.57	%	to	17.48	%
	12/31/2022		13,094,418		1.00	to	8.94		12,216,487		3.06			1.00		to	2.80			(8.52	)	to	(10.12	)
	12/31/2021		14,680,216		1.09	to	9.95		15,047,838		1.88			1.00		to	2.80			3.13		to	1.32
	12/31/2020		18,343,611		1.06	to	9.82		18,333,937		3.38			1.00		to	2.80			(2.14	)	to	(3.85	)
	12/31/2019		21,486,432		1.08	to	10.21		22,067,192		1.74			1.00		to	2.80			11.42		to	9.46
Invesco V.I. American Franchise Series II Shares
	12/31/2023		1,598,373		3.87	to	20.70		5,380,977		-			0.30		to	2.80			40.18		to	36.78
	12/31/2022		1,850,551		2.76	to	15.14		4,496,437		-			0.30		to	2.80			(31.50	)	to	(33.17	)
	12/31/2021		2,156,185		4.03	to	22.65		7,746,979		-			0.30		to	2.80			11.31		to	8.61
	12/31/2020		2,645,645		3.62	to	20.85		8,633,998		-			0.30		to	2.80			41.57		to	38.13
	12/31/2019		2,917,087		2.56	to	15.10		6,803,867		-			0.30		to	2.80			36.02		to	32.71
Janus Henderson - Enterprise Service Shares
	12/31/2023		4,510,553		6.45	to	18.98		17,081,165		0.09			0.30		to	2.80			17.42		to	14.58
	12/31/2022		4,884,256		5.49	to	16.57		15,959,583		0.27			0.30		to	2.80			(16.40	)	to	(18.43	)
	12/31/2021		5,365,361		6.57	to	20.31		21,479,782		0.25			0.30		to	2.80			16.19		to	13.37
	12/31/2020		6,635,024		5.66	to	17.91		23,462,735		0.05			0.30		to	2.80			18.83		to	15.94
	12/31/2019		7,606,776		4.76	to	15.45		22,867,967		0.05			0.30		to	2.80			34.75		to	31.48
Janus Henderson - Global Research Service Shares
	12/31/2023		8,973,319		3.38	to	17.73		18,716,834		0.77			0.30		to	2.80			26.09		to	23.04
	12/31/2022		9,960,358		2.68	to	14.41		16,749,220		1.47			0.30		to	2.80			(19.85	)	to	(21.80	)
	12/31/2021		11,113,961		3.34	to	18.43		23,620,614		0.35			0.30		to	2.80			17.44		to	14.59
	12/31/2020		14,158,953		2.85	to	16.08		25,965,245		0.64			0.30		to	2.80			19.40		to	16.50
	12/31/2019		16,122,487		2.38	to	13.80		25,159,601		0.85			0.30		to	2.80			28.33		to	25.21
Janus Henderson - Mid Cap Value Service Shares
	12/31/2023		783,877		14.28	to	12.84		2,587,633		0.95			1.25		to	2.80			9.74		to	8.09
	12/31/2022		838,877		13.01	to	11.88		2,531,498		1.16			1.25		to	2.80			(6.94	)	to	(8.34	)
	12/31/2021		888,292		13.98	to	12.96		2,883,923		0.28			1.25		to	2.80			17.95		to	16.17
	12/31/2020		1,046,254		11.86	to	11.15		2,879,198		1.07			1.25		to	2.80			(2.43	)	to	(3.90	)
	12/31/2019		1,112,449		12.15	to	11.61		3,137,143		1.47			1.25		to	2.80			28.44		to	26.51
MFS^® New Discovery Service Class
	12/31/2023		6,929,860		4.63	to	16.89		26,715,569		-			0.30		to	2.80			13.91		to	11.15
	12/31/2022		7,760,463		4.06	to	15.19		26,589,500		-			0.30		to	2.80			(30.20	)	to	(31.90	)
	12/31/2021		8,859,603		5.82	to	22.31		43,959,107		-			0.30		to	2.80			1.27		to	(1.20	)
	12/31/2020		10,997,397		5.75	to	22.58		54,351,642		-			0.30		to	2.80			45.15		to	41.62
	12/31/2019		12,964,008		3.96	to	15.94		44,689,857		-			0.30		to	2.80			40.85		to	37.43
MFS^® Total Return Service Class
	12/31/2023		11,473,096		2.71	to	12.88		27,972,116		1.81			0.30		to	2.80			9.89		to	7.22
	12/31/2022		12,855,978		2.46	to	12.01		28,899,652		1.47			0.30		to	2.80			(10.11	)	to	(12.29	)
	12/31/2021		14,508,866		2.74	to	13.70		36,749,509		1.61			0.30		to	2.80			13.50		to	10.74
	12/31/2020		17,604,415		2.42	to	12.37		39,804,937		2.06			0.30		to	2.80			9.19		to	6.53
	12/31/2019		19,874,828		2.21	to	11.61		41,580,126		2.09			0.30		to	2.80			19.76		to	16.85
NVIT Emerging Markets Class D Shares
	12/31/2023		260		11.16	to	9.58		2,828		1.42			0.30		to	2.50			3.49		to	1.28
	12/31/2022		623		10.78	to	9.46		6,615		0.09			0.30		to	2.50			(25.22	)	to	(26.82	)
	12/31/2021		1,346		14.42	to	12.93		19,211		0.98			0.30		to	2.50			(7.87	)	to	(9.84	)
	12/31/2020		1,503		15.65	to	14.34		23,330		1.64			0.30		to	2.50			12.58		to	10.17
	12/31/2019		1,524		13.90	to	13.02		21,048		2.16			0.30		to	2.50			22.21		to	19.59
State Street Total Return V.I.S. Class 3 Shares
	12/31/2023		12,717,631		16.16	to	11.77		38,814,247		1.95			0.40		to	2.85			14.75		to	12.02
	12/31/2022		14,405,589		14.09	to	10.50		38,543,371		0.38			0.40		to	2.85			(17.05	)	to	(19.02	)
	12/31/2021		16,476,801		16.98	to	12.97		54,877,619		1.86			0.40		to	2.85			12.75		to	10.07
	12/31/2020		18,412,322		15.06	to	11.79		50,152,621		1.67			0.40		to	2.85			5.71		to	3.20
	12/31/2019		21,706,994		14.25	to	11.42		52,200,791		2.08			0.40		to	2.85			15.11		to	12.37

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

5. Financial Highlights (continued)


		At December 31									For the Year Ended December 31
Subaccount		Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio					Net Assets		Investment Income Ratio*			Expense Ratio Lowest to Highest**						Total Return* Corresponding to Lowest to Highest Expense Ratio**

TA 60/40 Allocation Service Class
	12/31/2023		9,646,407	$	14.59	to	$	12.83	$	66,957,043		1.31	%		0.20	%	to	2.50	%		15.72	%	to	13.13	%
	12/31/2022		7,791,804		12.61	to		11.34		45,596,897		1.05			0.20		to	2.50			(13.97	)	to	(15.90	)
	12/31/2021		7,268,881		14.66	to		13.49		52,314,019		0.89			0.20		to	2.50			13.06		to	10.53
	12/31/2020		5,750,641		12.97	to		12.20		41,556,748		0.62			0.20		to	2.50			12.24		to	9.72
	12/31/2019		3,823,378		11.55	to		11.12		25,139,161		0.17			0.20		to	2.50			19.89		to	17.20
TA Aegon Bond Initial Class
	12/31/2023		71,069,764		1.71	to		9.09		107,006,368		0.93			0.30		to	2.80			6.13		to	3.56
	12/31/2022		74,748,097		1.61	to		8.77		107,584,148		2.62			0.30		to	2.80			(15.09	)	to	(17.15	)
	12/31/2021		83,873,456		1.89	to		10.59		143,870,348		1.54			0.30		to	2.80			(1.17	)	to	(3.57	)
	12/31/2020		92,744,164		1.92	to		10.98		163,368,662		4.21			0.30		to	2.80			7.36		to	4.75
	12/31/2019		97,537,181		1.78	to		10.48		162,583,767		2.53			0.30		to	2.80			8.09		to	5.46
TA Aegon Bond Service Class
	12/31/2023		175,074,608		10.73	to		9.03		447,343,314		0.63			0.20		to	2.65			5.97		to	3.45
	12/31/2022		200,050,355		10.13	to		8.73		480,120,989		2.33			0.20		to	2.65			(15.25	)	to	(17.27	)
	12/31/2021		232,991,473		11.95	to		10.55		663,798,024		1.26			0.20		to	2.65			(1.27	)	to	(3.62	)
	12/31/2020		257,532,168		12.10	to		10.94		723,436,012		4.02			0.20		to	2.65			7.19		to	4.63
	12/31/2019		289,976,616		11.29	to		10.46		721,416,264		2.26			0.20		to	2.65			8.00		to	5.42
TA Aegon Core Bond Service Class
	12/31/2023		46,606,096		11.03	to		9.11		228,615,006		2.24			0.20		to	2.65			5.57		to	3.06
	12/31/2022		51,645,075		10.44	to		8.84		232,049,154		2.34			0.20		to	2.65			(13.17	)	to	(15.24	)
	12/31/2021		59,035,305		12.03	to		10.43		305,664,647		2.37			0.20		to	2.65			(1.46	)	to	(3.82	)
	12/31/2020		65,914,063		12.21	to		10.84		320,495,238		3.39			0.20		to	2.65			6.95		to	4.40
	12/31/2019		63,811,767		11.41	to		10.39		267,800,611		2.33			0.20		to	2.65			8.04		to	5.46
TA Aegon High Yield Bond Initial Class
	12/31/2023		18,257,942		2.63	to		10.94		45,902,229		4.55			0.30		to	2.80			10.78		to	8.09
	12/31/2022		19,518,643		2.37	to		10.13		44,804,760		5.80			0.30		to	2.80			(11.39	)	to	(13.54	)
	12/31/2021		22,080,227		2.68	to		11.71		57,983,166		5.25			0.30		to	2.80			6.03		to	3.45
	12/31/2020		27,309,298		2.53	to		11.32		68,971,842		6.22			0.30		to	2.80			4.73		to	2.18
	12/31/2019		29,667,346		2.41	to		11.08		72,383,047		6.26			0.30		to	2.80			13.87		to	11.10
TA Aegon High Yield Bond Service Class
	12/31/2023		18,852,746		14.26	to		10.86		113,332,925		4.19			0.20		to	2.65			10.65		to	8.02
	12/31/2022		21,416,206		12.89	to		10.05		111,804,855		5.41			0.20		to	2.65			(11.63	)	to	(13.74	)
	12/31/2021		25,397,221		14.59	to		11.65		150,400,166		4.93			0.20		to	2.65			6.04		to	3.51
	12/31/2020		28,101,036		13.76	to		11.26		150,070,593		5.99			0.20		to	2.65			4.47		to	1.98
	12/31/2019		31,316,439		13.17	to		11.04		155,487,204		5.97			0.20		to	2.65			13.74		to	11.03
TA Aegon Sustainable Equity Income Initial Class
	12/31/2023		64,615,663		2.48	to		11.10		180,433,120		2.18			0.30		to	2.80			5.96		to	3.39
	12/31/2022		73,304,123		2.34	to		10.74		195,736,594		2.16			0.30		to	2.80			(11.89	)	to	(14.03	)
	12/31/2021		81,614,682		2.66	to		12.49		249,624,211		2.13			0.30		to	2.80			22.06		to	19.09
	12/31/2020		102,139,295		2.18	to		10.49		258,388,425		3.03			0.30		to	2.80			(7.63	)	to	(9.88	)
	12/31/2019		116,924,848		2.36	to		11.63		323,795,182		2.47			0.30		to	2.80			23.54		to	20.53
TA Aegon Sustainable Equity Income Service Class
	12/31/2023		22,043,089		18.42	to		11.02		104,927,601		1.89			0.20		to	2.65			5.79		to	3.28
	12/31/2022		25,235,399		17.41	to		10.67		112,408,344		1.85			0.20		to	2.65			(12.02	)	to	(14.11	)
	12/31/2021		28,772,083		19.79	to		12.42		148,018,510		1.87			0.20		to	2.65			21.88		to	18.97
	12/31/2020		33,902,293		16.24	to		10.44		139,055,653		2.78			0.20		to	2.65			(7.77	)	to	(9.98	)
	12/31/2019		39,289,800		17.61	to		11.60		163,985,604		2.21			0.20		to	2.65			23.33		to	20.38
TA Aegon U.S. Government Securities Initial Class
	12/31/2023		33,391,333		1.49	to		8.75		47,656,473		1.76			0.30		to	2.80			3.69		to	1.17
	12/31/2022		34,781,353		1.44	to		8.65		49,287,955		1.06			0.30		to	2.80			(13.29	)	to	(15.39	)
	12/31/2021		38,359,008		1.66	to		10.22		63,545,934		2.10			0.30		to	2.80			(2.68	)	to	(5.05	)
	12/31/2020		45,759,323		1.71	to		10.76		80,808,215		1.70			0.30		to	2.80			8.65		to	6.01
	12/31/2019		38,276,111		1.57	to		10.15		63,019,860		2.05			0.30		to	2.80			6.28		to	3.70

Transamerica Life Insurance Company

Separate Account VA B

Notes Financial Statements

December 31, 2023

5. Financial Highlights (continued)


		At December 31								For the Year Ended December 31
Subaccount		Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio				Net Assets		Investment Income Ratio*			Expense Ratio Lowest to Highest**						Total Return* Corresponding to Lowest to Highest Expense Ratio**

TA Aegon U.S. Government Securities Service Class
	12/31/2023		60,628,418	$	10.12	to	$8.60	$	205,897,859		1.39	%		0.20	%	to	2.80	%		3.48	%	to	0.87	%
	12/31/2022		76,151,628		9.78	to	8.52		258,621,629		0.82			0.20		to	2.80			(13.47	)	to	(15.65	)
	12/31/2021		61,071,608		11.30	to	10.10		193,536,432		1.59			0.20		to	2.80			(2.73	)	to	(5.19	)
	12/31/2020		80,140,863		11.62	to	10.66		273,499,306		1.41			0.20		to	2.80			8.45		to	5.70
	12/31/2019		70,935,391		10.72	to	10.08		191,285,315		1.62			0.20		to	2.80			6.14		to	3.45
TA American Funds Managed Risk - Balanced Service Class
	12/31/2023		61,208,733		14.69	to	11.88		820,781,783		2.17			0.20		to	2.50			10.17		to	7.70
	12/31/2022		67,478,151		13.33	to	11.03		830,364,161		1.50			0.20		to	2.50			(11.60	)	to	(13.58	)
	12/31/2021		72,975,601		15.08	to	12.76		1,026,960,363		0.88			0.20		to	2.50			12.85		to	10.32
	12/31/2020		77,819,858		13.37	to	11.57		981,034,010		1.21			0.20		to	2.50			4.08		to	1.75
	12/31/2019		76,825,970		12.84	to	11.37		940,541,090		1.25			0.20		to	2.50			17.57		to	14.93
TA BlackRock Government Money Market Initial Class
	12/31/2023		108,159,167		1.20	to	9.12		114,069,224		4.75			0.30		to	2.80			4.55		to	2.01
	12/31/2022		110,925,053		1.14	to	8.94		114,067,668		1.44			0.30		to	2.80			1.10		to	(1.35	)
	12/31/2021		98,643,567		1.13	to	9.06		101,398,175		0.00			0.30		to	2.80			(0.29	)	to	(2.72	)
	12/31/2020		119,708,543		1.13	to	9.32		125,991,289		0.23			0.30		to	2.80			(0.01	)	to	(2.44	)
	12/31/2019		82,743,032		1.13	to	9.55		88,719,890		1.96			0.30		to	2.80			1.67		to	(0.81	)
TA BlackRock Government Money Market Service Class
	12/31/2023		180,173,519		10.59	to	9.08		581,963,174		4.56			0.20		to	2.65			4.45		to	1.97
	12/31/2022		210,945,755		10.14	to	8.91		621,847,346		1.47			0.20		to	2.65			1.20		to	(1.21	)
	12/31/2021		172,118,709		10.02	to	9.02		503,096,558		0.00			0.20		to	2.65			(0.20	)	to	(2.58	)
	12/31/2020		208,397,849		10.03	to	9.25		613,742,199		0.17			0.20		to	2.65			0.05		to	(2.34	)
	12/31/2019		155,242,739		10.03	to	9.48		348,881,228		1.70			0.20		to	2.65			1.51		to	(0.91	)
TA BlackRock iShares Active Asset Allocation - Conservative Service Class
	12/31/2023		68,586,058		13.12	to	10.55		204,995,116		1.46			0.20		to	2.65			9.74		to	7.13
	12/31/2022		80,502,058		11.95	to	9.85		217,092,082		1.27			0.20		to	2.65			(15.46	)	to	(17.47	)
	12/31/2021		91,220,744		14.14	to	11.93		295,146,037		1.07			0.20		to	2.65			5.53		to	3.01
	12/31/2020		103,190,427		13.40	to	11.58		316,114,002		1.95			0.20		to	2.65			6.44		to	3.90
	12/31/2019		121,522,304		12.59	to	11.15		339,344,934		1.97			0.20		to	2.65			11.01		to	8.36
TA BlackRock iShares Active Asset Allocation - Moderate Service Class
	12/31/2023		204,356,201		13.37	to	10.74		869,676,856		1.48			0.20		to	2.65			13.14		to	10.45
	12/31/2022		229,368,862		11.82	to	9.72		854,204,011		1.30			0.20		to	2.65			(17.30	)	to	(19.27	)
	12/31/2021		258,985,643		14.29	to	12.05		1,170,053,110		0.87			0.20		to	2.65			8.11		to	5.53
	12/31/2020		295,442,216		13.22	to	11.41		1,234,609,288		1.88			0.20		to	2.65			3.04		to	0.58
	12/31/2019		333,714,080		12.83	to	11.35		1,331,045,066		1.81			0.20		to	2.65			10.91		to	8.26
TA BlackRock iShares Active Asset Allocation - Moderate Growth Service Class
	12/31/2023		94,540,924		13.24	to	10.58		305,012,048		1.38			0.20		to	2.65			17.39		to	14.59
	12/31/2022		105,711,572		11.28	to	9.23		291,832,011		1.27			0.20		to	2.65			(18.48	)	to	(20.42	)
	12/31/2021		124,534,990		13.83	to	11.60		415,067,378		0.53			0.20		to	2.65			7.41		to	4.84
	12/31/2020		143,686,052		12.88	to	11.06		443,165,826		1.81			0.20		to	2.65			(2.27	)	to	(4.61	)
	12/31/2019		167,991,889		13.18	to	11.59		522,009,134		1.66			0.20		to	2.65			11.13		to	8.48
TA BlackRock iShares Dynamic Allocation - Balanced Service Class
	12/31/2023		118,403,453		13.57	to	1.09		674,821,416		1.39			0.20		to	2.50			12.43		to	9.89
	12/31/2022		137,331,317		12.07	to	0.99		695,481,133		1.14			0.20		to	2.50			(16.06	)	to	(17.96	)
	12/31/2021		152,615,380		14.38	to	1.20		935,484,103		0.56			0.20		to	2.50			8.95		to	6.47
	12/31/2020		171,546,896		13.20	to	1.13		964,405,620		1.66			0.20		to	2.50			(0.75	)	to	(3.00	)
	12/31/2019		188,777,088		13.30	to	1.17		1,048,148,666		1.59			0.20		to	2.50			15.83		to	13.20
TA BlackRock iShares Dynamic Allocation - Moderate Growth Service Class
	12/31/2023		54,614,693		15.00	to	1.28		302,181,696		1.28			0.20		to	2.50			17.04		to	14.39
	12/31/2022		60,523,858		12.81	to	1.12		293,945,929		1.12			0.20		to	2.50			(17.08	)	to	(18.97	)
	12/31/2021		68,867,990		15.45	to	1.38		405,229,493		0.28			0.20		to	2.50			14.18		to	11.58
	12/31/2020		78,541,890		13.53	to	1.23		401,118,370		1.60			0.20		to	2.50			(2.36	)	to	(4.58	)
	12/31/2019		87,000,387		13.86	to	1.29		447,785,619		1.37			0.20		to	2.50			16.59		to	13.94

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

5. Financial Highlights (continued)


			At December 31									For the Year Ended December 31
Subaccount			Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio					Net Assets		Investment Income Ratio*			Expense Ratio Lowest to Highest**						Total Return* Corresponding to Lowest to Highest Expense Ratio**

TA BlackRock iShares Edge 100 Service Class
	12/31/2023			3,467,968	$	18.97	to	$	14.58	$	61,143,111		1.93	%		0.20	%	to	2.50	%		14.25	%	to	11.69	%
	12/31/2022			3,599,875		16.60	to		13.05		56,132,454		1.22			0.20		to	2.50			(15.92	)	to	(17.81	)
	12/31/2021			3,811,159		19.75	to		15.88		71,242,476		0.94			0.20		to	2.50			18.12		to	15.47
	12/31/2020			3,753,435		16.72	to		13.75		59,978,989		1.67			0.20		to	2.50			9.66		to	7.20
	12/31/2019			3,371,713		15.24	to		12.83		49,637,017		1.54			0.20		to	2.50			24.33		to	21.54
TA BlackRock iShares Edge 40 Initial Class
	12/31/2023			7,868,866		1.91	to		10.93		14,792,197		2.28			0.30		to	2.80			9.12		to	6.48
	12/31/2022			8,499,495		1.75	to		10.27		14,849,485		1.88			0.30		to	2.80			(14.50	)	to	(16.57	)
	12/31/2021			9,030,676		2.05	to		12.31		18,704,737		1.78			0.30		to	2.80			5.77		to	3.20
	12/31/2020			10,377,146		1.94	to		11.93		20,577,421		2.47			0.30		to	2.80			9.32		to	6.66
	12/31/2019			9,936,931		1.77	to		11.18		17,996,551		2.24			0.30		to	2.80			14.96		to	12.17
TA BlackRock iShares Edge 40 Service Class
	12/31/2023			65,038,595		13.84	to		10.86		190,887,402		1.99			0.20		to	2.65			8.85		to	6.26
	12/31/2022			76,741,941		12.72	to		10.22		202,646,475		1.56			0.20		to	2.65			(14.61	)	to	(16.64	)
	12/31/2021			90,734,264		14.89	to		12.26		278,799,836		1.52			0.20		to	2.65			5.56		to	3.04
	12/31/2020			102,613,543		14.11	to		11.89		294,458,872		2.21			0.20		to	2.65			9.23		to	6.63
	12/31/2019			115,789,426		12.91	to		11.15		292,492,929		1.96			0.20		to	2.65			14.87		to	12.13
TA BlackRock iShares Edge 50 Service Class
	12/31/2023			30,068,075		14.28	to		11.61		399,153,677		1.73			0.20		to	2.50			9.57		to	7.12
	12/31/2022			32,927,778		13.03	to		10.84		402,867,449		1.31			0.20		to	2.50			(14.65	)	to	(16.57	)
	12/31/2021			34,207,740		15.27	to		12.99		495,078,284		1.13			0.20		to	2.50			7.53		to	5.11
	12/31/2020			33,008,160		14.20	to		12.36		448,423,739		1.27			0.20		to	2.50			9.50		to	7.05
	12/31/2019			24,058,879		12.97	to		11.54		301,321,199		0.94			0.20		to	2.50			15.80		to	13.21
TA BlackRock iShares Edge 75 Service Class
	12/31/2023			8,896,991		16.42	to		13.08		134,912,823		1.77			0.20		to	2.50			11.87		to	9.36
	12/31/2022			10,313,033		14.68	to		11.96		141,227,812		1.34			0.20		to	2.50			(15.23	)	to	(17.13	)
	12/31/2021			11,154,353		17.32	to		14.43		182,158,515		1.06			0.20		to	2.50			12.71		to	10.18
	12/31/2020			11,324,666		15.36	to		13.10		165,771,162		1.38			0.20		to	2.50			10.04		to	7.57
	12/31/2019			8,767,414		13.96	to		12.18		117,927,147		0.97			0.20		to	2.50			20.04		to	17.34
TA BlackRock Real Estate Securities Initial Class
	12/31/2023			8,434,560		2.07	to		10.73		23,618,963		5.92			0.30		to	2.80			12.99		to	10.25
	12/31/2022			9,219,510		1.83	to		9.73		23,221,304		3.36			0.30		to	2.80			(28.40	)	to	(30.15	)
	12/31/2021			10,592,715		2.55	to		13.93		37,581,657		2.57			0.30		to	2.80			25.85		to	22.79
	12/31/2020			12,874,971		2.03	to		11.34		36,532,221		12.31			0.30		to	2.80			(0.61	)	to	(3.03	)
	12/31/2019			14,634,220		2.04	to		11.70		42,084,933		0.90			0.30		to	2.80			24.82		to	21.78
TA BlackRock Real Estate Securities Service Class
	12/31/2023			15,474,501		12.57	to		10.66		65,908,004		5.28			0.20		to	2.65			12.92		to	10.23
	12/31/2022			17,147,274		11.13	to		9.67		63,353,865		2.90			0.20		to	2.65			(28.53	)	to	(30.23	)
	12/31/2021			18,935,860		15.58	to		13.87		96,045,926		2.14			0.20		to	2.65			25.60		to	22.60
	12/31/2020			21,638,728		12.40	to		11.31		81,766,874		11.61			0.20		to	2.65			(0.71	)	to	(3.08	)
	12/31/2019			24,184,329		12.49	to		11.67		86,036,786		0.60			0.20		to	2.65			24.64		to	21.66
TA BlackRock Tactical Allocation Service Class
	12/31/2023			205,309,701		16.69	to		12.07		821,349,625		2.45			0.20		to	2.80			14.65		to	11.76
	12/31/2022			235,861,929		14.56	to		10.80		838,532,604		3.63			0.20		to	2.80			(16.38	)	to	(18.49	)
	12/31/2021			270,119,713		17.41	to		13.25		1,153,148,970		2.45			0.20		to	2.80			7.42		to	4.70
	12/31/2020			312,039,360		16.21	to		12.65		1,242,098,550		1.73			0.20		to	2.80			12.96		to	10.11
	12/31/2019			361,724,078		14.35	to		11.49		1,256,854,629		2.17			0.20		to	2.80			16.82		to	13.86
TA Goldman Sachs 70/30 Service Class
	12/31/2023			308,297		13.73	to		12.85		4,086,431		1.58			0.20		to	2.00			16.02		to	13.95
	12/31/2022			194,145		11.83	to		11.28		2,239,896		1.96			0.20		to	2.00			(17.27	)	to	(18.74	)
	12/31/2021			129,421		14.30	to		13.88		1,822,679		1.07			0.20		to	2.00			12.86		to	10.85
	12/31/2020	⁽¹⁾		1,613		12.67	to		12.52		20,311		-			0.20		to	2.00			-		to	-

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

5. Financial Highlights (continued)


		At December 31									For the Year Ended December 31
Subaccount		Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio					Net Assets		Investment Income Ratio*			Expense Ratio Lowest to Highest**						Total Return* Corresponding to Lowest to Highest Expense Ratio**

TA Goldman Sachs Managed Risk - Balanced ETF Service Class
	12/31/2023		705,336,234	$	15.14	to	$	11.40	$	3,804,945,152		1.47	%		0.20	%	to	2.80	%		12.97	%	to	10.12	%
	12/31/2022		807,220,285		13.40	to		10.35		3,853,036,450		1.49			0.20		to	2.80			(14.43	)	to	(16.60	)
	12/31/2021		911,778,849		15.67	to		12.41		5,086,400,083		1.13			0.20		to	2.80			9.14		to	6.38
	12/31/2020		1,041,702,384		14.35	to		11.66		5,277,027,156		2.08			0.20		to	2.80			3.98		to	1.35
	12/31/2019		1,162,728,895		13.81	to		11.51		5,570,038,106		1.96			0.20		to	2.80			15.42		to	12.50
TA Goldman Sachs Managed Risk - Conservative ETF Service Class
	12/31/2023		123,760,034		13.76	to		10.42		417,072,948		1.76			0.20		to	2.80			10.37		to	7.59
	12/31/2022		142,276,449		12.47	to		9.68		437,958,614		1.60			0.20		to	2.80			(12.00	)	to	(14.23	)
	12/31/2021		163,346,521		14.17	to		11.29		576,424,580		1.56			0.20		to	2.80			2.55		to	(0.04	)
	12/31/2020		187,422,476		13.81	to		11.29		632,851,059		2.21			0.20		to	2.80			4.70		to	2.05
	12/31/2019		210,974,386		13.19	to		11.06		666,135,464		2.04			0.20		to	2.80			11.97		to	9.14
TA Goldman Sachs Managed Risk - Growth ETF Service Class
	12/31/2023		431,747,039		17.70	to		12.88		1,719,739,409		1.43			0.20		to	2.80			17.44		to	14.48
	12/31/2022		492,920,874		15.07	to		11.25		1,689,317,039		1.40			0.20		to	2.80			(14.69	)	to	(16.84	)
	12/31/2021		554,160,883		17.67	to		13.53		2,218,534,421		0.88			0.20		to	2.80			13.82		to	10.94
	12/31/2020		645,059,731		15.52	to		12.20		2,266,031,114		2.06			0.20		to	2.80			4.01		to	1.38
	12/31/2019		735,600,165		14.92	to		12.03		2,476,677,187		1.74			0.20		to	2.80			19.17		to	16.16
TA Great Lakes Advisors Large Cap Value Service Class
	12/31/2023		6,230,632		14.19	to		12.47		53,852,977		0.88			0.20		to	2.50			12.56		to	10.04
	12/31/2022		7,406,148		12.60	to		11.34		51,430,920		0.29			0.20		to	2.50			(7.57	)	to	(9.64	)
	12/31/2021		5,761,773		13.63	to		12.54		43,772,055		0.77			0.20		to	2.50			30.30		to	27.38
	12/31/2020		3,305,330		10.46	to		9.85		23,639,749		0.69			0.20		to	2.50			(0.80	)	to	(3.03	)
	12/31/2019		1,468,558		10.55	to		10.16		10,944,450		0.27			0.20		to	2.50			16.76		to	14.14
TA International Focus Initial Class
	12/31/2023		29,055,745		2.54	to		13.34		58,522,612		1.99			0.30		to	2.80			12.20		to	9.48
	12/31/2022		31,212,746		2.26	to		12.19		56,973,368		2.97			0.30		to	2.80			(20.28	)	to	(22.22	)
	12/31/2021		34,020,753		2.83	to		15.67		78,746,427		1.24			0.30		to	2.80			10.49		to	7.80
	12/31/2020		41,664,394		2.57	to		14.54		87,876,379		2.26			0.30		to	2.80			20.54		to	17.60
	12/31/2019		46,784,649		2.13	to		12.36		82,908,303		1.64			0.30		to	2.80			27.30		to	24.20
TA International Focus Service Class
	12/31/2023		13,632,374		15.96	to		13.24		87,960,039		1.75			0.20		to	2.65			12.05		to	9.38
	12/31/2022		15,318,384		14.25	to		12.10		88,745,241		2.75			0.20		to	2.65			(20.45	)	to	(22.35	)
	12/31/2021		16,691,452		17.91	to		15.59		123,852,336		1.04			0.20		to	2.65			10.41		to	7.77
	12/31/2020		17,982,050		16.22	to		14.46		115,207,635		2.09			0.20		to	2.65			20.34		to	17.47
	12/31/2019		19,878,211		13.48	to		12.31		101,695,343		1.37			0.20		to	2.65			27.15		to	24.11
TA Janus Balanced Service Class
	12/31/2023		118,324,209		21.67	to		14.83		829,945,620		1.13			0.20		to	2.65			14.79		to	12.05
	12/31/2022		132,159,399		18.88	to		13.24		820,625,445		0.83			0.20		to	2.65			(16.93	)	to	(18.91	)
	12/31/2021		153,039,404		22.73	to		16.33		1,132,349,414		1.12			0.20		to	2.65			15.21		to	12.46
	12/31/2020		171,067,789		19.73	to		14.52		1,085,023,467		1.51			0.20		to	2.65			14.08		to	11.36
	12/31/2019		184,402,723		17.29	to		13.04		998,779,258		1.37			0.20		to	2.65			21.53		to	18.63
TA Janus Mid-Cap Growth Initial Class
	12/31/2023		22,651,450		4.74	to		19.27		65,869,315		-			0.30		to	2.80			16.69		to	13.87
	12/31/2022		24,063,853		4.06	to		16.92		60,568,907		-			0.30		to	2.80			(16.96	)	to	(18.98	)
	12/31/2021		26,868,733		4.89	to		20.89		82,603,363		0.27			0.30		to	2.80			16.95		to	14.10
	12/31/2020		34,258,222		4.18	to		18.31		90,938,573		0.23			0.30		to	2.80			18.85		to	15.96
	12/31/2019		38,655,012		3.52	to		15.79		87,346,650		0.07			0.30		to	2.80			36.30		to	32.99
TA Janus Mid-Cap Growth Service Class
	12/31/2023		14,077,641		25.55	to		19.14		174,973,421		-			0.20		to	2.65			16.57		to	13.80
	12/31/2022		15,395,879		21.92	to		16.82		157,131,166		-			0.20		to	2.65			(17.10	)	to	(19.08	)
	12/31/2021		17,742,369		26.44	to		20.78		217,859,738		0.10			0.20		to	2.65			16.76		to	13.97
	12/31/2020		19,613,738		22.65	to		18.23		195,280,987		0.04			0.20		to	2.65			18.69		to	15.86
	12/31/2019		20,310,940		19.08	to		15.74		146,913,356		-			0.20		to	2.65			36.06		to	32.81

Transamerica Life Insurance Company

Separate Account VA B

Notes Financial Statements

December 31, 2023

5. Financial Highlights (continued)


		At December 31									For the Year Ended December 31
Subaccount		Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio					Net Assets		Investment Income Ratio*			Expense Ratio Lowest to Highest**						Total Return* Corresponding to Lowest to Highest Expense Ratio**

TA JPMorgan Asset Allocation - Conservative Initial Class
	12/31/2023		56,487,638		$2.01	to	$	10.88	$	106,961,227		2.29	%		0.30	%	to	2.80	%		6.73	%	to	4.14	%
	12/31/2022		61,620,368		1.89	to		10.45		110,777,412		5.55			0.30		to	2.80			(15.61	)	to	(17.66	)
	12/31/2021		68,625,564		2.24	to		12.69		148,147,123		2.49			0.30		to	2.80			5.58		to	3.02
	12/31/2020		80,924,720		2.12	to		12.32		167,552,183		2.52			0.30		to	2.80			11.14		to	8.44
	12/31/2019		83,056,161		1.91	to		11.36		156,640,797		2.64			0.30		to	2.80			13.56		to	10.80
TA JPMorgan Asset Allocation - Conservative Service Class
	12/31/2023		191,784,502		13.84	to		10.80		613,717,801		1.97			0.20		to	2.65			6.62		to	4.08
	12/31/2022		224,397,985		12.98	to		10.37		674,855,947		5.30			0.20		to	2.65			(15.77	)	to	(17.78	)
	12/31/2021		261,747,697		15.41	to		12.62		927,848,971		2.18			0.20		to	2.65			5.42		to	2.90
	12/31/2020		297,142,588		14.62	to		12.26		986,050,891		2.27			0.20		to	2.65			11.02		to	8.38
	12/31/2019		338,740,194		13.17	to		11.31		995,998,146		2.23			0.20		to	2.65			13.32		to	10.62
TA JPMorgan Asset Allocation - Growth Initial Class
	12/31/2023		72,743,188		3.14	to		16.05		225,809,768		1.72			0.30		to	2.80			19.98		to	17.07
	12/31/2022		77,321,212		2.62	to		13.71		202,466,102		5.94			0.30		to	2.80			(22.80	)	to	(24.67	)
	12/31/2021		84,810,742		3.39	to		18.21		291,759,374		1.69			0.30		to	2.80			19.28		to	16.38
	12/31/2020		108,290,844		2.84	to		15.64		315,946,230		1.71			0.30		to	2.80			24.37		to	21.34
	12/31/2019		116,876,305		2.28	to		12.89		276,399,883		1.73			0.30		to	2.80			25.67		to	22.62
TA JPMorgan Asset Allocation - Growth Service Class
	12/31/2023		35,529,741		23.04	to		15.94		217,776,216		1.49			0.20		to	2.65			19.76		to	16.92
	12/31/2022		39,068,035		19.24	to		13.63		198,045,724		5.78			0.20		to	2.65			(22.89	)	to	(24.73	)
	12/31/2021		43,761,584		24.95	to		18.11		277,338,674		1.48			0.20		to	2.65			19.11		to	16.27
	12/31/2020		49,937,665		20.95	to		15.58		256,180,984		1.49			0.20		to	2.65			24.11		to	21.15
	12/31/2019		56,218,037		16.88	to		12.86		223,490,179		1.49			0.20		to	2.65			25.61		to	22.61
TA JPMorgan Asset Allocation - Moderate Initial Class
	12/31/2023		114,464,373		2.32	to		11.91		251,588,954		2.09			0.30		to	2.80			8.78		to	6.14
	12/31/2022		122,274,778		2.14	to		11.22		250,311,461		5.23			0.30		to	2.80			(16.33	)	to	(18.36	)
	12/31/2021		136,563,569		2.55	to		13.74		338,721,084		1.91			0.30		to	2.80			8.85		to	6.21
	12/31/2020		167,334,087		2.34	to		12.94		386,197,515		2.19			0.30		to	2.80			12.27		to	9.54
	12/31/2019		179,888,900		2.09	to		11.81		374,973,973		2.17			0.30		to	2.80			16.07		to	13.25
TA JPMorgan Asset Allocation - Moderate Service Class
	12/31/2023		890,382,625		15.69	to		11.83		4,423,308,426		1.83			0.20		to	2.65			8.64		to	6.05
	12/31/2022		1,012,694,240		14.44	to		11.15		4,582,904,477		5.06			0.20		to	2.65			(16.42	)	to	(18.41	)
	12/31/2021		1,144,562,296		17.27	to		13.67		6,100,877,248		1.70			0.20		to	2.65			8.71		to	6.12
	12/31/2020		1,281,493,795		15.89	to		12.88		6,149,536,745		2.01			0.20		to	2.65			12.05		to	9.38
	12/31/2019		1,411,687,562		14.18	to		11.78		5,681,558,353		1.94			0.20		to	2.65			15.95		to	13.18
TA JPMorgan Asset Allocation - Moderate Growth Initial Class
	12/31/2023		143,190,859		2.63	to		13.33		366,205,798		1.97			0.30		to	2.80			11.88		to	9.17
	12/31/2022		156,859,849		2.35	to		12.21		362,843,518		5.31			0.30		to	2.80			(17.60	)	to	(19.60	)
	12/31/2021		171,255,655		2.85	to		15.19		487,440,782		2.18			0.30		to	2.80			13.61		to	10.84
	12/31/2020		207,605,776		2.51	to		13.71		526,342,752		2.04			0.30		to	2.80			14.72		to	11.93
	12/31/2019		221,095,017		2.19	to		12.25		494,980,786		2.18			0.30		to	2.80			19.65		to	16.74
TA JPMorgan Asset Allocation - Moderate Growth Service Class
	12/31/2023		628,743,570		18.36	to		13.24		2,308,388,180		1.72			0.20		to	2.65			11.71		to	9.05
	12/31/2022		725,895,241		16.43	to		12.14		2,406,528,834		5.11			0.20		to	2.65			(17.69	)	to	(19.65	)
	12/31/2021		822,991,778		19.96	to		15.11		3,313,249,689		1.94			0.20		to	2.65			13.48		to	10.77
	12/31/2020		946,199,278		17.59	to		13.64		3,336,796,672		1.81			0.20		to	2.65			14.44		to	11.70
	12/31/2019		1,072,176,193		15.37	to		12.21		3,277,444,014		1.93			0.20		to	2.65			19.55		to	16.70
TA JPMorgan Enhanced Index Initial Class
	12/31/2023		27,270,068		5.19	to		19.79		136,224,374		0.81			0.30		to	2.80			27.28		to	24.20
	12/31/2022		28,882,906		4.07	to		15.94		114,567,030		0.67			0.30		to	2.80			(18.59	)	to	(20.57	)
	12/31/2021		30,932,676		5.00	to		20.07		152,720,740		0.78			0.30		to	2.80			29.73		to	26.58
	12/31/2020		37,329,408		3.86	to		15.85		143,094,946		1.44			0.30		to	2.80			19.81		to	16.89
	12/31/2019		41,798,145		3.22	to		13.56		135,407,620		1.19			0.30		to	2.80			30.64		to	27.47

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

5. Financial Highlights (continued)


		At December 31									For the Year Ended December 31
Subaccount		Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio					Net Assets		Investment Income Ratio*			Expense Ratio Lowest to Highest**						Total Return* Corresponding to Lowest to Highest Expense Ratio**

TA JPMorgan Enhanced Index Service Class
	12/31/2023		6,399,004	$	34.11	to	$	19.65	$	113,074,541		0.60	%		0.20	%	to	2.65	%		27.14	%	to	24.11	%
	12/31/2022		6,768,853		26.83	to		15.83		90,422,301		0.40			0.20		to	2.65			(18.71	)	to	(20.65	)
	12/31/2021		7,586,839		33.01	to		19.95		120,395,636		0.59			0.20		to	2.65			29.53		to	26.44
	12/31/2020		8,456,169		25.48	to		15.78		98,536,608		1.30			0.20		to	2.65			19.62		to	16.77
	12/31/2019		9,090,987		21.30	to		13.51		79,574,306		0.97			0.20		to	2.65			30.43		to	27.31
TA JPMorgan International Moderate Growth Initial Class
	12/31/2023		67,831		1.65	to		11.97		109,080		1.63			0.30		to	2.50			8.84		to	6.51
	12/31/2022		68,775		1.52	to		11.24		101,768		5.18			0.30		to	2.50			(17.53	)	to	(19.30	)
	12/31/2021		68,180		1.84	to		13.92		122,510		1.52			0.30		to	2.50			8.92		to	6.59
	12/31/2020		69,069		1.69	to		13.06		114,111		2.77			0.30		to	2.50			14.55		to	12.10
	12/31/2019		69,370		1.47	to		11.65		100,195		2.36			0.30		to	2.50			17.42		to	14.90
TA JPMorgan International Moderate Growth Service Class
	12/31/2023		150,392,538		14.35	to		11.66		353,188,989		1.33			0.20		to	2.80			8.48		to	5.75
	12/31/2022		173,451,373		13.23	to		11.02		377,974,105		4.74			0.20		to	2.80			(17.59	)	to	(19.67	)
	12/31/2021		197,465,613		16.05	to		13.72		526,796,115		1.29			0.20		to	2.80			8.79		to	6.04
	12/31/2020		229,071,491		14.76	to		12.94		556,823,864		2.48			0.20		to	2.80			14.31		to	11.42
	12/31/2019		263,802,109		12.91	to		11.61		556,497,257		2.03			0.20		to	2.80			17.37		to	14.41
TA JPMorgan Mid Cap Value Service Class
	12/31/2023		26,043,791		24.02	to		13.44		220,560,051		1.25			0.20		to	2.80			10.35		to	7.57
	12/31/2022		30,030,034		21.77	to		12.49		224,237,611		0.55			0.20		to	2.80			(8.61	)	to	(10.92	)
	12/31/2021		32,677,232		23.82	to		14.02		275,957,681		0.61			0.20		to	2.80			28.59		to	25.34
	12/31/2020		36,764,402		18.53	to		11.19		231,007,191		1.04			0.20		to	2.80			0.83		to	(1.72	)
	12/31/2019		41,359,300		18.37	to		11.38		237,476,565		1.17			0.20		to	2.80			25.74		to	22.56
TA JPMorgan Tactical Allocation Service Class
	12/31/2023		166,578,106		13.86	to		10.59		905,816,088		1.52			0.20		to	2.65			8.35		to	5.77
	12/31/2022		189,154,578		12.79	to		10.02		943,736,725		1.52			0.20		to	2.65			(15.20	)	to	(17.22	)
	12/31/2021		213,240,216		15.08	to		12.10		1,248,715,111		1.51			0.20		to	2.65			4.42		to	1.93
	12/31/2020		235,740,816		14.45	to		11.87		1,300,566,780		2.07			0.20		to	2.65			11.88		to	9.21
	12/31/2019		260,751,494		12.91	to		10.87		1,220,599,661		2.08			0.20		to	2.65			11.69		to	9.02
TA Madison Diversified Income Service Class
	12/31/2023		26,990,453		14.91	to		11.22		123,863,084		1.97			0.20		to	2.50			3.76		to	1.44
	12/31/2022		32,160,966		14.37	to		11.06		137,324,787		1.64			0.20		to	2.50			(10.56	)	to	(12.57	)
	12/31/2021		35,589,407		16.07	to		12.65		169,105,407		1.50			0.20		to	2.50			7.65		to	5.24
	12/31/2020		43,896,416		14.93	to		12.02		203,382,380		1.60			0.20		to	2.50			7.74		to	5.32
	12/31/2019		51,519,543		13.86	to		11.41		179,387,536		1.53			0.20		to	2.50			14.71		to	12.14
TA Market Participation Strategy Service Class
	12/31/2023		47,725,398		19.29	to		13.86		301,574,446		0.40			0.20		to	2.50			11.33		to	8.84
	12/31/2022		53,929,847		17.33	to		12.74		312,480,977		0.03			0.20		to	2.50			(15.47	)	to	(17.37	)
	12/31/2021		61,507,455		20.50	to		15.41		426,246,408		0.49			0.20		to	2.50			14.22		to	11.66
	12/31/2020		68,928,666		17.95	to		13.80		431,503,440		1.00			0.20		to	2.50			20.09		to	17.39
	12/31/2019		75,395,519		14.95	to		11.76		393,660,137		0.90			0.20		to	2.50			18.34		to	15.69
TA Morgan Stanley Global Allocation Service Class
	12/31/2023		232,865,808		16.28	to		12.27		774,704,522		-			0.20		to	2.65			13.46		to	10.76
	12/31/2022		270,061,762		14.35	to		11.08		801,306,383		0.08			0.20		to	2.65			(17.93	)	to	(19.88	)
	12/31/2021		308,465,105		17.48	to		13.83		1,114,949,967		0.48			0.20		to	2.65			7.96		to	5.39
	12/31/2020		356,384,317		16.20	to		13.12		1,183,113,160		0.93			0.20		to	2.65			18.10		to	15.28
	12/31/2019		409,496,790		13.71	to		11.38		1,137,383,093		0.94			0.20		to	2.65			17.61		to	14.81
TA Morgan Stanley Global Allocation Managed Risk - Balanced Service Class
	12/31/2023		19,582,608		11.66	to		10.12		207,865,302		18.86			0.20		to	2.50			8.79		to	6.35
	12/31/2022		21,608,676		10.72	to		9.52		213,130,058		15.04			0.20		to	2.50			(16.39	)	to	(18.27	)
	12/31/2021		23,764,763		12.82	to		11.64		283,342,932		5.17			0.20		to	2.50			6.96		to	4.57
	12/31/2020		25,059,564		11.99	to		11.13		282,434,050		1.28			0.20		to	2.50			6.28		to	3.89
	12/31/2019		25,329,115		11.28	to		10.72		271,457,068		2.99			0.20		to	2.50			14.48		to	11.91

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

5. Financial Highlights (continued)


			At December 31									For the Year Ended December 31
Subaccount			Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio					Net Assets		Investment Income Ratio*			Expense Ratio Lowest to Highest**						Total Return* Corresponding to Lowest to Highest Expense Ratio**

TA MSCI EAFE Index Service Class
	12/31/2023			4,983,030	$	13.60	to	$	11.69	$	63,337,424		2.32	%		0.35	%	to	2.65	%		17.05	%	to	14.43	%
	12/31/2022			4,899,054		11.62	to		10.22		53,843,555		2.93			0.35		to	2.65			(14.75	)	to	(16.65	)
	12/31/2021			4,875,589		13.63	to		12.26		63,434,579		1.48			0.35		to	2.65			10.56		to	8.09
	12/31/2020			4,491,101		12.33	to		11.34		53,386,659		1.68			0.35		to	2.65			7.44		to	5.03
	12/31/2019			3,400,933		11.47	to		10.80		38,023,654		1.30			0.35		to	2.65			20.68		to	17.97
TA Multi-Managed Balanced Initial Class
	12/31/2023			24,814,436		3.82	to		14.81		89,828,718		1.61			0.30		to	2.80			18.37		to	15.50
	12/31/2022			25,346,787		3.23	to		12.82		78,313,346		1.17			0.30		to	2.80			(16.53	)	to	(18.56	)
	12/31/2021			27,725,298		3.87	to		15.74		103,782,711		1.15			0.30		to	2.80			16.69		to	13.85
	12/31/2020			33,936,657		3.32	to		13.82		110,614,671		1.61			0.30		to	2.80			15.55		to	12.74
	12/31/2019			34,030,880		2.87	to		12.26		97,122,745		1.66			0.30		to	2.80			21.40		to	18.45
TA Multi-Managed Balanced Service Class
	12/31/2023			120,743,587		22.44	to		14.70		1,057,526,501		1.33			0.20		to	2.65			18.20		to	15.39
	12/31/2022			140,779,682		18.98	to		12.74		1,047,886,498		0.91			0.20		to	2.65			(16.66	)	to	(18.64	)
	12/31/2021			157,878,316		22.77	to		15.66		1,423,573,591		0.95			0.20		to	2.65			16.56		to	13.78
	12/31/2020			174,556,480		19.54	to		13.76		1,344,853,751		1.37			0.20		to	2.65			15.37		to	12.62
	12/31/2019			193,463,242		16.94	to		12.22		1,261,699,037		1.43			0.20		to	2.65			21.25		to	18.36
TA PIMCO Tactical - Balanced Service Class
	12/31/2023			82,260,254		14.55	to		10.70		333,250,811		1.04			0.20		to	2.65			10.43		to	7.81
	12/31/2022			92,944,316		13.17	to		9.93		345,342,124		0.55			0.20		to	2.65			(19.81	)	to	(21.73	)
	12/31/2021			105,269,645		16.43	to		12.68		489,372,576		-			0.20		to	2.65			6.18		to	3.64
	12/31/2020			121,270,158		15.47	to		12.24		534,011,851		3.24			0.20		to	2.65			8.64		to	6.05
	12/31/2019			133,079,664		14.24	to		11.54		545,140,658		0.16			0.20		to	2.65			19.44		to	16.59
TA PIMCO Tactical - Conservative Service Class
	12/31/2023			35,910,998		13.92	to		10.41		161,481,375		1.22			0.20		to	2.65			7.02		to	4.47
	12/31/2022			41,071,795		13.00	to		9.97		171,599,206		1.06			0.20		to	2.65			(17.46	)	to	(19.42	)
	12/31/2021			47,693,615		15.75	to		12.37		238,609,962		1.01			0.20		to	2.65			4.00		to	1.52
	12/31/2020			58,483,928		15.15	to		12.19		279,544,029		1.41			0.20		to	2.65			9.67		to	7.06
	12/31/2019			63,063,445		13.81	to		11.38		257,753,596		0.10			0.20		to	2.65			17.33		to	14.53
TA PIMCO Tactical - Growth Service Class
	12/31/2023			38,954,245		16.33	to		11.90		216,586,241		0.87			0.20		to	2.65			13.71		to	11.01
	12/31/2022			44,175,615		14.36	to		10.72		219,792,873		-			0.20		to	2.65			(18.19	)	to	(20.14	)
	12/31/2021			52,380,478		17.56	to		13.42		316,811,089		-			0.20		to	2.65			8.99		to	6.39
	12/31/2020			59,622,417		16.11	to		12.62		340,652,909		3.91			0.20		to	2.65			8.87		to	6.28
	12/31/2019			67,856,653		14.80	to		11.87		344,227,526		-			0.20		to	2.65			21.31		to	18.42
TA PineBridge Inflation Opportunities Service Class
	12/31/2023			45,699,541		10.62	to		9.81		112,871,493		5.27			0.20		to	2.65			5.23		to	2.73
	12/31/2022			53,228,378		10.09	to		9.55		131,701,424		3.75			0.20		to	2.65			(10.73	)	to	(12.86	)
	12/31/2021			58,881,898		11.31	to		10.96		150,647,481		1.17			0.20		to	2.65			3.65		to	1.18
	12/31/2020			61,183,192		10.91	to		10.83		146,174,577		1.53			0.20		to	2.65			8.48		to	5.89
	12/31/2019			68,795,573		10.06	to		10.23		148,339,095		2.30			0.20		to	2.65			7.99		to	5.41
TA ProFunds UltraBear Service Class (OAM)
	12/31/2023			3,554,473,268		0.02	to		0.84		19,110,630		-			0.45		to	2.65			(33.02	)	to	(34.47	)
	12/31/2022			3,763,402,472		0.03	to		1.28		30,516,519		-			0.45		to	2.65			30.19		to	27.42
	12/31/2021			1,095,061,422		0.02	to		1.00		6,876,123		-			0.45		to	2.65			(42.23	)	to	(43.57	)
	12/31/2020			809,328,862		0.04	to		1.78		8,853,786		0.27			0.45		to	2.65			(53.64	)	to	(54.62	)
	12/31/2019			528,747,957		0.08	to		3.92		12,630,584		-			0.45		to	2.65			(43.10	)	to	(44.33	)
TA S&P 500 Index Initial Class
	12/31/2023			146,427		11.81	to		11.37		1,726,833		1.05			0.17		to	2.50			25.88		to	23.02
	12/31/2022	⁽¹⁾		66,738		9.38	to		9.24		625,896		1.24			0.17		to	2.50			-		to	-

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

5. Financial Highlights (continued)


		At December 31									For the Year Ended December 31
Subaccount		Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio					Net Assets		Investment Income Ratio*			Expense Ratio Lowest to Highest**						Total Return* Corresponding to Lowest to Highest Expense Ratio**

TA S&P 500 Index Service Class
	12/31/2023		24,637,916	$	21.32	to	$	18.33	$	490,582,631		0.97	%		0.35	%	to	2.65	%		25.30	%	to	22.50	%
	12/31/2022		22,165,992		17.02	to		14.96		356,036,035		0.95			0.35		to	2.65			(18.72	)	to	(20.54	)
	12/31/2021		22,144,759		20.94	to		18.83		442,108,663		0.82			0.35		to	2.65			27.69		to	24.83
	12/31/2020		18,652,397		16.40	to		15.09		294,668,211		0.73			0.35		to	2.65			17.56		to	14.93
	12/31/2019		13,156,763		13.95	to		13.13		178,742,034		0.49			0.35		to	2.65			30.44		to	27.52
TA Small/Mid Cap Value Initial Class
	12/31/2023		10,492,387		4.05	to		14.29		88,584,896		1.05			0.30		to	2.80			12.06		to	9.34
	12/31/2022		11,601,332		3.61	to		13.07		88,179,355		0.59			0.30		to	2.80			(8.58	)	to	(10.80	)
	12/31/2021		13,197,822		3.95	to		14.65		109,376,817		0.65			0.30		to	2.80			27.74		to	24.64
	12/31/2020		16,289,774		3.09	to		11.76		105,260,571		1.19			0.30		to	2.80			3.73		to	1.21
	12/31/2019		18,085,702		2.98	to		11.62		114,726,591		0.96			0.30		to	2.80			24.90		to	21.87
TA Small/Mid Cap Value Service Class
	12/31/2023		17,657,069		24.97	to		14.19		177,182,928		0.83			0.20		to	2.65			11.93		to	9.26
	12/31/2022		19,264,915		22.31	to		12.98		166,821,675		0.33			0.20		to	2.65			(8.71	)	to	(10.89	)
	12/31/2021		21,985,473		24.44	to		14.57		206,377,951		0.50			0.20		to	2.65			27.56		to	24.52
	12/31/2020		24,053,506		19.16	to		11.70		165,772,343		1.02			0.20		to	2.65			3.53		to	1.06
	12/31/2019		26,380,984		18.50	to		11.58		149,629,508		0.76			0.20		to	2.65			24.69		to	21.72
TA T. Rowe Price Small Cap Initial Class
	12/31/2023		25,171,218		5.32	to		15.90		104,976,029		-			0.30		to	2.80			20.84		to	17.91
	12/31/2022		26,666,444		4.41	to		13.49		93,280,357		-			0.30		to	2.80			(22.62	)	to	(24.50	)
	12/31/2021		29,162,918		5.69	to		17.86		134,105,176		-			0.30		to	2.80			11.04		to	8.34
	12/31/2020		35,663,295		5.13	to		16.49		148,895,580		-			0.30		to	2.80			23.19		to	20.20
	12/31/2019		39,725,671		4.16	to		13.72		136,379,747		-			0.30		to	2.80			32.37		to	29.15
TA T. Rowe Price Small Cap Service Class
	12/31/2023		22,191,634		28.65	to		15.78		329,615,518		-			0.20		to	2.65			20.64		to	17.77
	12/31/2022		24,202,320		23.75	to		13.40		290,913,475		-			0.20		to	2.65			(22.75	)	to	(24.60	)
	12/31/2021		26,971,176		30.75	to		17.77		416,959,652		-			0.20		to	2.65			10.86		to	8.21
	12/31/2020		29,885,913		27.73	to		16.42		393,015,826		-			0.20		to	2.65			23.06		to	20.12
	12/31/2019		32,292,237		22.54	to		13.67		313,681,024		-			0.20		to	2.65			32.12		to	28.97
TA TS&W International Equity Initial Class
	12/31/2023		29,017,224		2.19	to		12.40		67,677,253		1.09			0.30		to	2.80			15.13		to	12.34
	12/31/2022		30,412,058		1.90	to		11.04		62,144,473		3.35			0.30		to	2.80			(14.66	)	to	(16.73	)
	12/31/2021		32,805,628		2.23	to		13.25		79,450,845		1.82			0.30		to	2.80			13.07		to	10.32
	12/31/2020		37,510,561		1.97	to		12.01		81,434,181		3.13			0.30		to	2.80			6.22		to	3.64
	12/31/2019		40,250,949		1.86	to		11.59		83,257,900		1.42			0.30		to	2.80			20.70		to	17.77
TA TS&W International Equity Service Class
	12/31/2023		7,954,315		15.40	to		12.31		52,560,455		0.84			0.20		to	2.65			15.03		to	12.29
	12/31/2022		8,682,343		13.39	to		10.96		48,319,769		3.08			0.20		to	2.65			(14.81	)	to	(16.84	)
	12/31/2021		9,840,797		15.71	to		13.18		61,790,900		1.67			0.20		to	2.65			12.98		to	10.28
	12/31/2020		10,449,862		13.91	to		11.95		54,523,483		3.02			0.20		to	2.65			5.99		to	3.46
	12/31/2019		10,975,213		13.12	to		11.55		46,304,060		1.19			0.20		to	2.65			20.49		to	17.62
TA WMC US Growth Initial Class
	12/31/2023		156,448,883		5.43	to		23.74		647,727,797		0.04			0.30		to	2.80			41.66		to	38.23
	12/31/2022		112,484,165		3.83	to		17.17		332,806,510		-			0.30		to	2.80			(31.55	)	to	(33.22	)
	12/31/2021		126,944,457		5.60	to		25.72		555,926,199		0.08			0.30		to	2.80			20.30		to	17.38
	12/31/2020		154,155,439		4.65	to		21.91		567,857,743		0.11			0.30		to	2.80			36.89		to	33.56
	12/31/2019		169,149,426		3.40	to		16.40		460,449,558		0.12			0.30		to	2.80			39.63		to	36.23
TA WMC US Growth Service Class
	12/31/2023		41,563,604		40.15	to		23.56		743,992,798		-			0.20		to	2.65			41.44		to	38.08
	12/31/2022		21,824,681		28.39	to		17.07		224,156,846		-			0.20		to	2.65			(31.65	)	to	(33.28	)
	12/31/2021		24,329,498		41.54	to		25.58		356,189,502		-			0.20		to	2.65			20.13		to	17.26
	12/31/2020		26,723,184		34.58	to		21.81		314,480,113		-			0.20		to	2.65			36.66		to	33.41
	12/31/2019		29,264,303		25.30	to		16.35		222,359,352		-			0.20		to	2.65			39.40		to	36.07

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

5. Financial Highlights (continued)


			At December 31									For the Year Ended December 31
Subaccount			Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio					Net Assets		Investment Income Ratio*			Expense Ratio Lowest to Highest**						Total Return* Corresponding to Lowest to Highest Expense Ratio**

Vanguard^® Balanced
	12/31/2023			2,955,856	$	12.79	to	$	11.74	$	36,028,930		1.90	%		0.27	%	to	2.60	%		14.02	%	to	11.40	%
	12/31/2022			2,042,105		11.22	to		10.54		22,168,437		1.74			0.27		to	2.60			(14.53	)	to	(16.50	)
	12/31/2021			1,267,393		13.13	to		12.62		16,289,938		1.02			0.27		to	2.60			18.69		to	15.96
	12/31/2020			78,077		11.06	to		10.88		860,575		0.08			0.27		to	2.60			10.38		to	10.16
	12/31/2019	⁽¹⁾		-		10.02	to		10.02		-		-			0.27		to	0.47			-		to	-
Vanguard^® Capital Growth
	12/31/2023			228,569		15.27	to		15.15		3,486,754		0.99			0.27		to	0.47			27.64		to	27.38
	12/31/2022			197,024		11.97	to		11.89		2,355,791		0.79			0.27		to	0.47			(15.71	)	to	(15.88	)
	12/31/2021			117,412		14.20	to		14.14		1,665,830		0.50			0.27		to	0.47			21.21		to	20.97
	12/31/2020			21,652		11.71	to		11.69		253,306		-			0.27		to	0.47			17.16		to	16.92
	12/31/2019	⁽¹⁾		-		10.00	to		10.00		-		-			0.27		to	0.47			-		to	-
Vanguard^® Conservative Allocation
	12/31/2023			1,173,487		11.24	to		10.31		12,627,161		1.79			0.27		to	2.60			12.21		to	9.63
	12/31/2022			975,225		10.01	to		9.40		9,474,948		2.02			0.27		to	2.60			(15.13	)	to	(17.08	)
	12/31/2021			665,743		11.80	to		11.34		7,733,391		0.96			0.27		to	2.60			5.70		to	3.27
	12/31/2020			41,609		11.16	to		10.98		463,483		0.10			0.27		to	2.60			11.43		to	11.21
	12/31/2019	⁽¹⁾		-		10.02	to		10.02		-		-			0.27		to	0.47			-		to	-
Vanguard^® Diversified Value
	12/31/2023			176,996		15.38	to		15.26		2,720,876		1.22			0.27		to	0.47			19.80		to	19.56
	12/31/2022			132,810		12.84	to		12.76		1,704,817		1.01			0.27		to	0.47			(11.73	)	to	(11.90	)
	12/31/2021			96,561		14.55	to		14.49		1,404,212		0.37			0.27		to	0.47			30.11		to	29.85
	12/31/2020			5,412		11.18	to		11.16		60,482		-			0.27		to	0.47			11.48		to	11.26
	12/31/2019	⁽¹⁾		-		10.03	to		10.03		-		-			0.27		to	0.47			-		to	-
Vanguard^® Equity Income
	12/31/2023			205,204		13.76	to		13.65		2,822,945		2.61			0.27		to	0.47			7.81		to	7.59
	12/31/2022			169,912		12.77	to		12.69		2,168,634		2.26			0.27		to	0.47			(0.93	)	to	(1.13	)
	12/31/2021			70,548		12.89	to		12.83		908,814		1.01			0.27		to	0.47			24.99		to	24.74
	12/31/2020			14,586		10.31	to		10.29		150,226		0.68			0.27		to	0.47			2.97		to	2.76
	12/31/2019	⁽¹⁾		-		10.01	to		10.01		-		-			0.27		to	0.47			-		to	-
Vanguard^® Equity Index
	12/31/2023			652,810		34.46	to		19.83		17,100,972		1.32			0.27		to	2.50			25.78		to	23.05
	12/31/2022			632,828		27.40	to		16.11		12,705,695		1.08			0.27		to	2.50			(18.45	)	to	(20.22	)
	12/31/2021			829,466		33.60	to		20.20		9,934,344		0.97			0.27		to	2.50			28.20		to	25.42
	12/31/2020			734,295		26.21	to		16.10		5,640,805		1.70			0.27		to	2.50			17.88		to	15.32
	12/31/2019			1,106,204		22.23	to		13.96		5,072,380		1.90			0.27		to	2.50			30.91		to	28.10
Vanguard^® Global Bond Index
	12/31/2023			110,531		9.59	to		9.51		1,058,304		1.86			0.27		to	0.47			6.23		to	6.02
	12/31/2022			87,809		9.03	to		8.97		792,449		2.85			0.27		to	0.47			(13.36	)	to	(13.53	)
	12/31/2021			30,326		10.42	to		10.38		315,941		0.99			0.27		to	0.47			(2.11	)	to	(2.30	)
	12/31/2020			3,894		10.64	to		10.62		41,442		-			0.27		to	0.47			6.38		to	6.17
	12/31/2019	⁽¹⁾		-		10.00	to		10.00		-		-			0.27		to	0.47			-		to	-
Vanguard^® Growth
	12/31/2023			315,507		15.61	to		15.49		4,920,201		0.23			0.27		to	0.47			39.76		to	39.48
	12/31/2022			284,871		11.17	to		11.10		3,179,060		-			0.27		to	0.47			(33.54	)	to	(33.68	)
	12/31/2021			207,643		16.81	to		16.74		3,489,927		0.01			0.27		to	0.47			17.54		to	17.31
	12/31/2020			41,163		14.30	to		14.27		588,485		-			0.27		to	0.47			42.71		to	42.42
	12/31/2019	⁽¹⁾		-		10.02	to		10.02		-		-			0.27		to	0.47			-		to	-
Vanguard^® High Yield Bond
	12/31/2023			194,541		10.97	to		10.88		2,133,574		4.16			0.27		to	0.47			11.37		to	11.14
	12/31/2022			124,966		9.85	to		9.79		1,230,611		4.77			0.27		to	0.47			(9.61	)	to	(9.79	)
	12/31/2021			50,792		10.90	to		10.85		553,263		1.14			0.27		to	0.47			3.40		to	3.19
	12/31/2020			4,192		10.54	to		10.52		44,141		-			0.27		to	0.47			5.39		to	5.18
	12/31/2019	⁽¹⁾		-		10.00	to		10.00		-		-			0.27		to	0.47			-		to	-

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

5. Financial Highlights (continued)


			At December 31									For the Year Ended December 31
Subaccount			Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio					Net Assets		Investment Income Ratio*			Expense Ratio Lowest to Highest**						Total Return* Corresponding to Lowest to Highest Expense Ratio**

Vanguard^® International
	12/31/2023			510,420	$	21.45	to	$	16.60	$	7,666,543		1.47	%		0.27	%	to	2.70	%		14.35	%	to	11.65	%
	12/31/2022			486,799		18.76	to		14.87		5,871,484		1.34			0.27		to	2.70			(30.31	)	to	(31.96	)
	12/31/2021			469,378		26.91	to		21.85		7,109,922		0.21			0.27		to	2.70			(1.81	)	to	(4.13	)
	12/31/2020			371,216		27.41	to		22.80		4,482,671		1.15			0.27		to	2.70			57.16		to	53.44
	12/31/2019			570,592		17.44	to		14.86		2,830,970		1.30			0.27		to	2.70			30.82		to	27.77
Vanguard^® Mid-Cap Index
	12/31/2023			960,505		27.34	to		15.86		24,221,625		1.26			0.27		to	2.70			15.52		to	12.79
	12/31/2022			684,979		23.67	to		14.06		14,987,533		1.05			0.27		to	2.70			(19.04	)	to	(20.95	)
	12/31/2021			525,414		29.23	to		17.79		12,811,995		0.68			0.27		to	2.70			24.02		to	21.09
	12/31/2020			222,552		23.57	to		14.69		3,327,984		1.36			0.27		to	2.70			17.75		to	14.97
	12/31/2019			344,777		20.02	to		12.78		2,287,080		1.30			0.27		to	2.70			30.48		to	27.43
Vanguard^® Moderate Allocation
	12/31/2023			2,219,257		12.07	to		11.07		25,875,445		1.89			0.27		to	2.60			15.24		to	12.59
	12/31/2022			1,822,015		10.47	to		9.83		18,671,605		2.11			0.27		to	2.60			(16.15	)	to	(18.08	)
	12/31/2021			1,237,813		12.49	to		12.00		15,250,760		0.91			0.27		to	2.60			9.78		to	7.25
	12/31/2020			280,359		11.38	to		11.19		3,188,739		0.04			0.27		to	2.60			13.46		to	13.24
	12/31/2019	⁽¹⁾		-		10.03	to		10.03		-		-			0.27		to	0.47			-		to	-
Vanguard^® Money Market
	12/31/2023			750,806		10.61	to		10.52		7,964,434		4.96			0.27		to	0.47			4.77		to	4.56
	12/31/2022			494,571		10.13	to		10.07		5,005,978		1.40			0.27		to	0.47			1.24		to	1.03
	12/31/2021			460,735		10.00	to		9.96		4,608,533		0.01			0.27		to	0.47			(0.25	)	to	(0.45	)
	12/31/2020			86,890		10.03	to		10.01		871,107		0.09			0.27		to	0.47			0.25		to	0.05
	12/31/2019	⁽¹⁾		-		10.00	to		10.00		-		0.07			0.27		to	0.47			-		to	-
Vanguard^® Real Estate Index
	12/31/2023			242,404		17.13	to		11.58		3,659,996		2.48			0.27		to	2.50			11.40		to	8.98
	12/31/2022			252,079		15.38	to		10.63		3,401,801		1.77			0.27		to	2.50			(26.50	)	to	(28.09	)
	12/31/2021			179,084		20.92	to		14.78		2,851,570		1.61			0.27		to	2.50			39.83		to	36.79
	12/31/2020			129,054		14.96	to		10.80		1,167,278		2.20			0.27		to	2.50			(5.11	)	to	(7.18	)
	12/31/2019			164,384		15.77	to		11.64		724,052		2.47			0.27		to	2.50			28.42		to	25.67
Vanguard^® Short-Term Investment Grade
	12/31/2023			1,369,424		11.50	to		9.50		13,617,413		1.78			0.27		to	2.70			5.87		to	3.37
	12/31/2022			938,005		10.86	to		9.19		8,419,841		1.68			0.27		to	2.70			(5.98	)	to	(8.20	)
	12/31/2021			861,637		11.55	to		10.02		7,632,207		1.80			0.27		to	2.70			(0.72	)	to	(3.07	)
	12/31/2020			797,099		11.63	to		10.33		5,948,894		2.36			0.27		to	2.70			5.21		to	2.72
	12/31/2019			834,530		11.06	to		10.06		4,238,215		2.42			0.27		to	2.70			5.38		to	2.92
Vanguard^® Total Bond Market Index
	12/31/2023			1,324,563		10.85	to		9.03		13,658,790		2.43			0.27		to	2.70			5.29		to	2.81
	12/31/2022			1,216,852		10.31	to		8.78		11,337,994		2.10			0.27		to	2.70			(13.45	)	to	(15.49	)
	12/31/2021			1,159,191		11.91	to		10.39		11,292,522		1.64			0.27		to	2.70			(1.98	)	to	(4.30	)
	12/31/2020			715,748		12.15	to		10.86		6,709,297		1.96			0.27		to	2.70			7.29		to	4.75
	12/31/2019			550,251		11.32	to		10.36		3,671,401		2.17			0.27		to	2.70			8.35		to	5.82
Vanguard^® Total International Stock Market Index
	12/31/2023			551,380		11.66	to		11.57		6,422,574		2.78			0.27		to	0.47			15.23		to	15.00
	12/31/2022			503,602		10.12	to		10.06		5,091,921		2.94			0.27		to	0.47			(16.24	)	to	(16.41	)
	12/31/2021			240,815		12.08	to		12.03		2,908,503		1.25			0.27		to	0.47			8.24		to	8.02
	12/31/2020			41,446		11.16	to		11.14		462,542		-			0.27		to	0.47			10.88		to	10.66
	12/31/2019	⁽¹⁾		-		10.07	to		10.06		-		-			0.27		to	0.47			-		to	-
Vanguard^® Total Stock Market Index
	12/31/2023			1,151,870		15.22	to		15.09		17,497,907		1.06			0.27		to	0.47			25.61		to	25.36
	12/31/2022			829,114		12.11	to		12.04		10,036,777		1.30			0.27		to	0.47			(19.81	)	to	(19.97	)
	12/31/2021			647,860		15.11	to		15.04		9,784,565		0.39			0.27		to	0.47			25.30		to	25.05
	12/31/2020			85,924		12.06	to		12.03		1,035,709		0.05			0.27		to	0.47			20.23		to	19.99
	12/31/2019	⁽¹⁾		-		10.03	to		10.03		-		-			0.27		to	0.47			-		to	-

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

5. Financial Highlights (continued)


		At December 31									For the Year Ended December 31
Subaccount		Units		Unit Fair Value Corresponding to Lowest to Highest Expense Ratio					Net Assets		Investment Income Ratio*			Expense Ratio Lowest to Highest**						Total Return* Corresponding to Lowest to Highest Expense Ratio**

Voya Global Perspectives Class S Shares
	12/31/2023		1,245	$	12.33	to	$	11.46	$	15,362		4.94	%		1.29	%	to	2.14	%		8.87	%	to	7.95	%
	12/31/2022		2,207		11.33	to		10.62		25,002		3.07			1.29		to	2.14			(18.71	)	to	(19.40	)
	12/31/2021		2,380		13.94	to		13.17		33,169		3.35			1.29		to	2.14			4.48		to	3.60
	12/31/2020		2,103		13.34	to		12.71		28,058		3.01			1.29		to	2.14			14.31		to	13.34
	12/31/2019		1,913		11.67	to		11.22		22,324		3.33			1.29		to	2.14			16.56		to	15.58
Voya Large Cap Value Class S Shares
	12/31/2023		82		18.14	to		16.85		1,491		1.76			1.29		to	2.14			11.83		to	10.89
	12/31/2022		82		16.22	to		15.19		1,322		1.44			1.29		to	2.14			(4.71	)	to	(5.52	)
	12/31/2021		89		17.02	to		16.08		1,518		2.27			1.29		to	2.14			25.05		to	23.99
	12/31/2020		97		13.61	to		12.97		1,319		2.20			1.29		to	2.14			4.61		to	3.73
	12/31/2019		93		13.01	to		12.50		1,216		1.92			1.29		to	2.14			23.18		to	22.14
Voya Strategic Allocation Conservative Class S Shares
	12/31/2023		-		12.31	to		11.44		-		-			1.29		to	2.14			10.14		to	9.21
	12/31/2022		-		11.18	to		10.47		-		-			1.29		to	2.14			(17.76	)	to	(18.45	)
	12/31/2021		-		13.59	to		12.84		-		-			1.29		to	2.14			7.51		to	6.60
	12/31/2020		-		12.64	to		12.05		-		-			1.29		to	2.14			8.78		to	7.86
	12/31/2019		-		11.62	to		11.17		-		-			1.29		to	2.14			13.01		to	12.05
Voya Strategic Allocation Moderate Class S Shares
	12/31/2023		-		14.02	to		13.02		-		-			1.29		to	2.14			14.30		to	13.34
	12/31/2022		-		12.26	to		11.49		-		-			1.29		to	2.14			(19.38	)	to	(20.06	)
	12/31/2021		-		15.21	to		14.37		-		-			1.29		to	2.14			12.10		to	11.15
	12/31/2020		-		13.57	to		12.93		-		-			1.29		to	2.14			11.02		to	10.08
	12/31/2019		-		12.22	to		11.75		-		-			1.29		to	2.14			17.42		to	16.42
Wanger Acorn
	12/31/2023		-		3.07	to		13.99		-		-			0.30		to	2.50			21.37		to	18.78
	12/31/2022		-		2.53	to		11.78		-		-			0.30		to	2.50			(33.66	)	to	(35.09	)
	12/31/2021		-		3.82	to		18.15		-		-			0.30		to	2.50			8.57		to	6.24
	12/31/2020		-		3.51	to		17.08		-		-			0.30		to	2.50			23.86		to	21.20
	12/31/2019		-		2.84	to		14.09		-		-			0.30		to	2.50			30.71		to	27.91
Wanger International
	12/31/2023		22,363		1.85	to		12.46		169,801		0.31			0.30		to	2.50			16.60		to	14.11
	12/31/2022		23,884		1.59	to		10.92		156,056		0.93			0.30		to	2.50			(34.04	)	to	(35.46	)
	12/31/2021		32,978		2.41	to		16.92		287,903		0.56			0.30		to	2.50			18.45		to	15.91
	12/31/2020		40,908		2.03	to		14.59		257,894		2.38			0.30		to	2.50			14.02		to	11.57
	12/31/2019		58,273		1.78	to		13.08		369,851		0.84			0.30		to	2.50			29.60		to	26.82

⁽¹⁾

See Footnote 1

These amounts represent the dividends, excluding distributions of capital gains, received by the subaccount from the Mutual Fund, net of management fees assessed by the fund manager, divided by the average net assets. These ratios exclude those expenses, such as mortality and expense charges, that are assessed against contract owner accounts either through reductions in the unit values or the redemption of units. The recognition of investment income by the subaccount is affected by the timing of the declaration of dividends by the Mutual Fund in which the subaccounts invest.

These amounts represent the annualized contract expenses of the subaccount, consisting primarily of mortality and expense charges, 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 Mutual Fund have been excluded.

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

5. Financial Highlights (continued)

***

These amounts represent the total return for the periods indicated, including changes in the value of the Mutual Fund, and expenses assessed through the reduction of unit values. These ratios do not include any expenses assessed through the redemption of units. Investment options with a date notation indicate the effective date of that investment option in the variable account. The total return is calculated for each period indicated or from the effective date through the end of the reporting period. Total returns reflect a full twelve month period and total returns for subaccounts opened during the year have not been disclosed as they may not be indicative of a full year return. Expense ratios not in effect for the full twelve months are not reflected in the total return as they may not be indicative of a full year return.

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

6. Administrative and Mortality and Expense Risk Charges

TLIC deducts a daily administrative charge equal to an annual rate of 0.15% of the daily net assets value of each subaccount for administrative expenses. TLIC also deducts an annual charge during the accumulation phase, not to exceed $50, proportionately from the subaccounts’ unit values. An annual charge ranging from 0.05% to 2.65% is deducted (based on the death benefit selected) from the unit values of the subaccounts of the Separate Account for TLIC’s assumption of certain mortality and expense risks incurred in connection with the contract. The charge is assessed daily based on the net asset value of the Mutual Fund. Charges for administrative and mortality and expense risk are an expense of the subaccount. Charges reflected above are those currently assessed and may be subject to change. Contract owners should see their actual policy and any related attachments to determine their specific charges.

In addition to M&E, the following subaccounts are assessed a daily charge for fund facilitation fees that is based on their actual policy:


Subaccount		Additional Fund Facilitation Fee Assessed

AB Balanced Hedged Allocation Class B Shares		0.20%

AB Relative Value Class B Shares		0.20%

American Funds - Asset Allocation Class 2 Shares		0.30% - 0.40%

American Funds - Asset Allocation Class 4 Shares		0.20%

American Funds - Growth Class 2 Shares		0.30% - 0.40%

American Funds - Growth Class 4 Shares		0.13%

American Funds - Growth-Income Class 2 Shares		0.30% - 0.40%

American Funds - Growth-Income Class 4 Shares		0.13%

American Funds - International Class 2 Shares		0.30% - 0.40%

American Funds - International Class 4 Shares		0.13%

American Funds - New World Class 4 Shares		0.15%

American Funds - The Bond Fund of America Class 2 Shares		0.30% - 0.40%

American Funds - The Bond Fund of America Class 4 Shares		0.11%

DFA VA Global Bond		0.60%

Fidelity^® VIP Balanced Service Class 2		0.20%

Fidelity^® VIP Consumer Staples Initial Class		0.50%

Fidelity^® VIP Contrafund^® Initial Class		0.20%

Fidelity^® VIP Contrafund^® Service Class 2		0.20%

Fidelity^® VIP Energy Service Class 2		0.30%

Fidelity^® VIP Equity-Income Initial Class		0.20%

Fidelity^® VIP Growth Initial Class		0.20%

Fidelity^® VIP Health Care Service Class 2		0.30%

Fidelity^® VIP Mid Cap Initial Class		0.20%

Fidelity^® VIP Mid Cap Service Class 2		0.20%

Fidelity^® VIP Technology Initial Class		0.50%

Fidelity^® VIP Utilities Initial Class		0.50%

Fidelity^® VIP Value Strategies Initial Class		0.20%

Fidelity^® VIP Value Strategies Service Class 2		0.20%

Franklin Allocation Class 4 Shares		0.15%

State Street Total Return V.I.S. Class 3 Shares		0.20%

TA MSCI EAFE Index Service Class		0.15%

TA S&P 500 Index Service Class		0.15%

Vanguard^® Balanced		0.60%

Vanguard^® Conservative Allocation		0.60%

Vanguard^® Equity Index		0.20% - 0.60%

Vanguard^® International		0.20% - 0.60%

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

6. Administrative and Mortality and Expense Risk Charges (continued)

In addition to M&E, the following subaccounts are assessed a daily charge for fund facilitation fees that is based on their actual policy (continued):


Subaccount		Additional Fund Facilitation Fee Assessed

Vanguard^® Mid-Cap Index		0.20% - 0.60%

Vanguard^® Moderate Allocation		0.60%

Vanguard^® Real Estate Index		0.20% - 0.60%

Vanguard^® Short-Term Investment Grade		0.20% - 0.60%

Vanguard^® Total Bond Market Index		0.20% - 0.60%

Voya Global Perspectives Class S Shares		0.14%

Voya Large Cap Value Class S Shares		0.14%

Voya Strategic Allocation Conservative Class S Shares		0.14%

Voya Strategic Allocation Moderate Class S Shares		0.14%

Wanger Acorn		0.30%

Wanger International		0.30%

Transamerica Life Insurance Company

Separate Account VA B

Notes to Financial Statements

December 31, 2023

7. Income Tax

Operations of the Separate Account form a part of TLIC, which is taxed as a life insurance company under Subchapter L of the Internal Revenue Code of 1986, as amended (the Code). The operations of the Separate Account are accounted for separately from other operations of TLIC for purposes of federal income taxation. The Separate Account is not separately taxable as a regulated investment company under Subchapter M of the Code and is not otherwise taxable as an entity separate from TLIC. Under existing federal income tax laws, the income of the Separate Account is not taxable to TLIC, as long as earnings are credited under the variable annuity contracts.

8. Subsequent Events

The Separate Account has evaluated the financial statements for subsequent events through the date which the financial statements were issued. During this period, there were no subsequent events requiring recognition in the financial statements.

9. Related Parties

Transamerica Capital, Inc. (TCI), a wholesaling broker-dealer, is an affiliated entity of TLIC and an indirect wholly owned subsidiary of Aegon N.V. TCI distributes TLIC’s products through broker-dealers and other financial intermediaries.

The subaccounts invest in the mutual funds listed in Footnote 1. These investments include funds managed by Transamerica Asset Management, Inc. (TAM). Transamerica Fund Services, Inc. (TFS) serves as a transfer agent to TAM, and Aegon USA Asset Management Holding, LLC (AAM) serves as a sub-advisor for certain funds managed by TAM. TAM, TFS and AAM are affiliated entities of TLIC and indirect wholly owned subsidiaries of Aegon N.V. Funds managed by TAM are identified by their fund name, which includes reference to Aegon, Transamerica or both. The Separate Account pays management fees to the related funds as detailed in the fund prospectus.

No charges other than those disclosed in Footnote 6 are deducted for the service rendered by related parties.

Contract owners may transfer funds between available subaccount options within the Separate Account. These transfers are performed at unit value at the time of the transfer.