Macquarie VIP Asset Strategy Series

Macquarie VIP Core Equity Series

Macquarie VIP International Core Equity Series

Macquarie VIP Value Series

On April 21, 2025, Macquarie Group Limited, the parent company of Delaware Management Company, the investment adviser to the above referenced Funds, announced that it entered into an agreement with Nomura Holding America Inc. (“Nomura”) for Nomura to acquire the US and European public investments asset management business of Macquarie Asset Management (the “Transaction”). Subject to regulatory approvals, the Transaction is expected to close on or about October 31, 2025.

On June 18, 2025, notice was provided that the Board of Trustees of each of the above referenced Funds approved a name change for each Fund. The name changes will take effect at the close of the Transaction.